Grant of Security Interest in Patents and Trademarks Sample Contracts

GRANT OF SECURITY INTEREST IN PATENTS AND TRADEMARKS
Grant of Security Interest in Patents and Trademarks • March 1st, 2006 • Time America Inc • Services-prepackaged software

THIS GRANT OF SECURITY INTEREST (“Grant”), effected as of June 23, 2005, is executed by Time America, Inc., a Nevada corporation (the “Grantor”), in favor of Laurus Master Fund, Ltd. (the “Secured Party”).

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