SECURITY AGREEMENTConformed Copy Security Agreement • April 30th, 2004 • MRS Fields Financing Co Inc • Cookies & crackers • New York
This SECURITY AGREEMENT (this "Agreement"), dated as of March 16, 2004, is executed and delivered by each of Mrs. Fields Famous Brands, LLC, a Delaware limited liability company (the "Company"), Mrs. Fields Financing Company, Inc., a Delaware corporation (the "Co-issuer" and, together with the Company, the "Issuers"), and each Subsidiary of the Company (other than the Co-Issuer) party hereto (such Subsidiaries, together with the Issuers, each a "Debtor" and individually and collectively, and jointly and severally, the "Debtors"), in favor of THE BANK OF NEW YORK ("BNY"), as trustee under the Indenture (as defined below) (together with its successor(s) thereto in such capacity, the "Trustee"), for its benefit and the benefit of the Holders, in light of the following:
