Common use of Security Interest and Guarantee Clause in Contracts

Security Interest and Guarantee. The Holder has been granted a security interest in (i) certain assets of the Companies as more fully described in the Security Agreement and the Master Security Agreement, (ii) the equity interests of certain Subsidiaries of the Parent pursuant to the Stock Pledge Agreement dated as of the date hereof and (iii) the equity interests of Star Scientific, Inc. held by The Xxxxxxx X. X’Xxxxxxx, Xx. Irrevocable Trust No. 1 pursuant to the X’Xxxxxxx Stock Pledge Agreement dated as of the date hereof. The obligations of the Companies under this Note are guaranteed by certain Subsidiaries of the Parent pursuant to the Subsidiaries Guaranty dated as of the date hereof.

Security Interest and Guarantee. The Holder has been granted a security interest in (i) certain assets of the Companies as more fully described in the Security Agreement and the Master Security Agreement, Agreement (ii) the equity interests of certain Subsidiaries of the Parent pursuant to the Stock Pledge Agreement dated as of the date hereof and (iii) the equity interests of Star Scientific, Inc. held by The Xxxxxxx X. X’Xxxxxxx, Xx. Irrevocable Trust No. 1 pursuant to the X’Xxxxxxx Stock Pledge Agreement dated as of the date hereof. The obligations of the Companies under this Note are guaranteed by certain Subsidiaries of the Parent Parent, pursuant to the Subsidiaries Guaranty dated as of the date hereof.

Security Interest and Guarantee. The Holder has been granted a security interest in (i) certain assets of the Companies as more fully described in the Security Agreement and the Master Security Agreement, (ii) the equity interests of certain Subsidiaries of the Parent pursuant to the Stock Pledge Agreement dated as of the date hereof and (iii) the equity interests of Star Scientific, Inc. held by The Xxxxxxx X. X’Xxxxxxx, Xx. Irrevocable Trust No. 1 pursuant 1pursuant to the X’Xxxxxxx Stock Pledge Agreement dated as of the date hereof. The obligations of the Companies under this Note are guaranteed by certain Subsidiaries of the Parent pursuant to the Subsidiaries Guaranty dated as of the date hereof.