SECURITY AGREEMENTSecurity Agreement • September 15th, 2015 • Fitlife Brands, Inc. • Medicinal chemicals & botanical products • Nebraska
THIS SECURITY AGREEMENT (as the same may from time to time be amended, restated, modified or otherwise supplemented, the “Security Agreement”), dated this 11th day of September, 2015, is entered into by STEPHEN ADELE ENTERPRISES, INC., a Colorado Corporation (“Enterprises”), STEPHEN ADELE, an individual resident of Colorado (“Mr. Adele” and, together with Enterprises, the “Debtor”), in favor of FITLIFE BRANDS, INC., a Nevada corporation (the “Secured Party”).
