FORM OF SUBSIDIARY SECURITY AGREEMENTForm of Subsidiary Security Agreement • July 9th, 2007 • Internet Commerce Corp • Services-computer programming services • New York
Contract Type FiledJuly 9th, 2007 Company Industry JurisdictionThis SUBSIDIARY SECURITY AGREEMENT, dated as of July 2, 2007 (the “Agreement”) is by and among [SUBSIDIARY], a corporation duly organized and validly existing under the laws of the State of [Delaware] (the “Company”), the Purchasers identified on the signature pages hereto (each, a “Purchaser” and collectively, the “Purchasers”) and York Capital Management, L.P., as agent for the Purchasers (in such capacity, together with its successors in such capacity, the “Agent”).