AMENDED AND RESTATED SECURITY AGREEMENTAmended and Restated Security Agreement • June 15th, 2016 • Mount TAM Biotechnologies, Inc. • Tobacco products • California
Contract Type FiledJune 15th, 2016 Company Industry JurisdictionTHIS AMENDED AND RESTATED SECURITY AGREEMENT (this "Agreement") by and among Mount Tam Biotechnologies, Inc., a Nevada corporation (the "Debtor") on the one hand, and 0851229 BC Ltd. on the other hand ("Secured Party") is made and entered into on June 14, 2016, and is effective as of the 9th day of November 2015. On June 14, 2016, the Debtor issued to the Secured Party an Amended and Restated Secured Convertible Note (the "Amended Secured Note"), which amended and restated a prior note issued by the Debtor to the Secured Party on March 23, 2016. In consideration of the financial accommodations extended to the Debtor by the Secured Party, and specifically in connection with the Amended Secured Note, the Debtor hereby agrees that the Secured Party shall have all of the rights given herein against the Debtor in addition to those given by law or by the Amended Secured Note issued by the Debtor to the Secured Party on June 14, 2016, and effective as of November 9, 2015, or any other agreeme
June 14, 2016Mount TAM Biotechnologies, Inc. • June 15th, 2016 • Tobacco products
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