0001387131-11-001746 Sample Contracts

LOAN AGREEMENT
Loan Agreement • August 15th, 2011 • Emmaus Holdings, Inc. • Blank checks • Indiana

This Loan Agreement dated June 9, 2011, is between Emmaus Medical, Inc. having an address of 20725 South Western Avenue, Suite 136, Torrance, CA 90501 (“Borrower”) and Equities First Holdings, LLC, a Delaware limited liability company having a place of business at 10 West Market Street, Suite 3050, Indianapolis, IN 46204 (the “Lender”).

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PLEDGE AGREEMENT BETWEEN Emmaus Medical, Inc., Pledgor and Equities First Holdings, LLC, as Lender
Pledge Agreement • August 15th, 2011 • Emmaus Holdings, Inc. • Blank checks • Indiana

This Pledge Agreement is made as of this 9th day of June, 2011, by and between Emmaus Medical, Inc. having an address of 20725 South Western Avenue, Suite 136, Torrance, CA 90501 (hereinafter the “Pledgor”) and Equities First Holdings, LLC, a Delaware limited liability company, with its principal office located at 10 West Market Street, Suite 3050, Indianapolis, IN 46204 (hereinafter the “Lender”).

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