PATENTS SECURITY AGREEMENTPatents Security Agreement • March 16th, 2010 • Ultralife Corp • Miscellaneous electrical machinery, equipment & supplies • New York
AGREEMENT (this “Patents Security Agreement”) made as of the 17th day of February, 2010, between ULTRALIFE CORPORATION, a Delaware corporation with its principal office at 2000 Technology Parkway, Newark, New York 14513 (the “Debtor”) and RBS BUSINESS CAPITAL, a division of RBS Asset Finance, Inc., (the “Secured Party”), with an office at 525 William Penn Place, Pittsburgh, Pennsylvania 15219.
