SECURITY AGREEMENTSecurity Agreement • May 15th, 2008 • EconoShare, Inc. • Pharmaceutical preparations • New York
SECURITY AGREEMENT (this “Agreement”), dated as of May 7, 2008, by and between Cellceutix Corporation, a Nevada corporation (“Company”), and Cellceutix Pharma, Inc., a Delaware corporation (“Cellceutix Delaware” and, together with the Company, the “Debtors”), and the secured party signatory hereto (the “Secured Party”).
GUARANTYGuaranty • May 15th, 2008 • EconoShare, Inc. • Pharmaceutical preparations • New York
GUARANTY (the “Guaranty”), dated as of May 7 , 2008, by Cellceutix Pharma, Inc., a Delaware corporation with an address of 187 Ballard St., Suite A225, Wilmington, MA 01887 (the “Guarantor”), in favor of Putnam Partners, White Star LLC Dahlia Nordlicht (the “Secured Parties”).
