SECURITY AGREEMENTSecurity Agreement • September 22nd, 2009 • Castle Brands Inc • Beverages • Florida
THIS SECURITY AGREEMENT (this “Agreement”) is made and entered into as of the 21st day of September, 2009 by and between Castle Brands Inc., a Delaware corporation (the “Maker”), and Betts & Scholl, LLC, a Florida limited liability company (the “Holder”).
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • September 22nd, 2009 • Castle Brands Inc • Beverages • Florida
Asset Purchase Agreement, dated September 21, 2009 (“Agreement”), by and between Castle Brands Inc., a Delaware corporation (“Buyer”) and Betts & Scholl, LLC, a Florida limited liability company (“Seller”). Dennis Scholl and Richard Betts, individuals and the sole members of Seller (collectively, “Members”), are parties to this Agreement for purposes of Articles IV, VI, VII and VIII only. Capitalized terms used herein and not otherwise defined shall have the meanings given to them in Article I hereof.
