SECURITY AGREEMENTSecurity Agreement • October 22nd, 2013 • Wound Management Technologies, Inc. • Orthopedic, prosthetic & surgical appliances & supplies • Texas
This Security Agreement is made and entered into as of October 15, 2013, by and among Wound Management Technologies, Inc., a Texas corporation (“WTI”), Wound Care Innovations, LLC, a Nevada limited liability company (“WCI”), Resorbable Orthopedic Products, LLC, a Texas limited liability company (“ROP”), and BioPharma Management Technologies, Inc., a Texas corporation (“BMT”), and Brookhaven Medical, Inc., a Delaware corporation (“Lender”), to record the grant of a security interest in all of the tangible and intangible assets of Borrowers (as defined below) as further described herein. WTI, WCI, ROP and BMI are sometimes each referred to herein as a “Borrowers”, and collectively, as the “Borrowers”. Borrowers and Lender are sometimes each referred to herein as a “Party”, and collectively, as the “Parties”.
DRAWDOWN LOAN AGREEMENT between WOUND MANAGEMENT TECHNOLOGIES, INC.,Drawdown Loan Agreement • October 22nd, 2013 • Wound Management Technologies, Inc. • Orthopedic, prosthetic & surgical appliances & supplies • Texas
This Drawdown Loan Agreement (this “Agreement”) is made and entered into as of October 15, 2013, by and between Wound Management Technologies, Inc., a Texas corporation (“WTI”), Wound Care Innovations, LLC, a Nevada limited liability company (“WCI”), Resorbable Orthopedic Products, LLC, a Texas limited liability company (“ROP”), BioPharma Management Technologies, Inc., a Texas corporation (“BMT”), and Brookhaven Medical, Inc., a Delaware corporation (“Lender”). WTI, WCI, ROP and BMI are sometimes each referred to herein as a “Borrower”, and collectively, as the “Borrowers”. Borrowers and Lender are sometimes each referred to herein as a “Party”, and collectively, as the “Parties”.
