VPP SECURITY AGREEMENTVPP Security Agreement • August 4th, 2009 • Capital Growth Systems Inc /Fl/ • Services-business services, nec • New York
This VPP SECURITY AGREEMENT, dated as of July 31, 2009 (this “Agreement”), is among Capital Growth Systems, Inc., a Florida corporation (the “Company”), all of the Subsidiaries of the Company (such subsidiaries, the “Guarantors” and together with the Company, the “Debtors”) and the holders of the Company’s VPP Original Issue Discount Secured Convertible Debentures due November 30, 2011 (collectively, the “VPP Debentures”) signatory hereto, their endorsees, transferees and assigns (collectively, the “Secured Parties”).
