SECURITY AGREEMENTSecurity Agreement • December 12th, 2011 • Medytox Solutions, Inc. • Services-testing laboratories • Florida
Contract Type FiledDecember 12th, 2011 Company Industry JurisdictionTHIS SECURITY AGREEMENT (this “Agreement”) is made as of the 6th day of December, 2011, by MEDYTOX SOLUTIONS, INC., a Nevada corporation with a principal place of business at 400 S. Australian Ave., Suite 800, West Palm Beach, Florida 33401 (“Borrower”), MEDYTOX MEDICAL MANAGEMENT SOLUTIONS CORP. a Florida corporation with a principal place of business at 400 S. Australian Ave., Suite 800, West Palm Beach, Florida 33401 (“Medytox Medical”) and MEDYTOX INSTITUTE OF LABORATORY MEDICINE, INC., a Florida corporation with a principal place of business at 400 S. Australian Ave., Suite 800, West Palm Beach, Florida 33401 (“Medytox Laboratory”), (each a “Subsidiary” and collectively, the “Subsidiaries”), in favor of VALLEY VIEW DRIVE ASSOCIATES, LLC, a New Jersey limited liability company with a principal place of business at c/o Mr. Robert Mendolia, 215 Valley View Drive, Franklin Lakes, New Jersey 07417 (“Secured Party”). Borrower and Subsidiaries shall hereafter individually and collectivel