0000899681-10-000247 Sample Contracts

STOCK PLEDGE AND SECURITY AGREEMENT
Stock Pledge and Security Agreement • May 4th, 2010 • Dhab, LLC • Power, distribution & specialty transformers • Tennessee

THIS STOCK PLEDGE AND SECURITY AGREEMENT (“Agreement”) is made as of the 22nd, day of April, 2010, by DHAB, LLC, a Tennessee limited liability company (the “Pledgor” or “Borrower”) in favor of AXIS TECHNOLOGIES GROUP, INC., a Delaware corporation (“AXIS”).

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AGREEMENT REGARDING THE JOINT FILING OF SCHEDULE 13D
Agreement • May 4th, 2010 • Dhab, LLC • Power, distribution & specialty transformers

The undersigned hereby agree that the statement on Schedule 13D to which this Agreement is annexed as Exhibit 4 is filed on behalf of each of them in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

AXIS JOINT VENTURE AGREEMENT
Axis Joint Venture Agreement • May 4th, 2010 • Dhab, LLC • Power, distribution & specialty transformers • Tennessee

THIS AXIS JOINT VENTURE AGREEMENT (“Agreement”) is made as of the 22nd,day of April, 2010, (“Effective Date”) by and between AXIS TECHNOLOGIES GROUP, INC. (“ATG”) and AXIS TECHNOLOGIES, INC. (“AT” and collectively with ATG referred to as “AXIS”) and IRC – INTERSTATE REALTY CORPORATION (“IRC”), and is joined herein by DHAB, LLC for the limited purposes set forth herein, but not as a joint venture partner with AXIS or with IRC.

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