SECOND AMENDED SECURITY AGREEMENTSecond Amended Security Agreement • September 13th, 2005 • Technology Visions Group Inc • Plastic materials, synth resins & nonvulcan elastomers • Minnesota
Contract Type FiledSeptember 13th, 2005 Company Industry JurisdictionTHIS SECOND AMENDED SECURITY AGREEMENT (this “Agreement”) is made as of September 7, 2005, by and among Sutura, Inc., a Delaware corporation (“Sutura”), Pandora Select Partners, L.P., a British Virgin Islands limited partnership (“Pandora”), Whitebox Hedged High Yield Partners, L.P., a British Virgin Islands limited partnership (“WHHY”), Whitebox Convertible Arbitrage Partners, L.P., a British Virgin Islands limited partnership (“WCAP”), Whitebox Intermarket Partners, L.P., a British Virgin Islands limited partnership (“WIP”), and Gary S. Kohler (“Kohler”) and Scot W. Malloy (“Malloy”), each residents of the State of Minnesota. Pandora, WHHY, WCAP, WIP, Kohler and Malloy are referred to herein individually as a “Secured Party” and together as the “Secured Parties.”