Exhibit 10.3 SECURITY AGREEMENT (Pledged Collateral) In consideration of loans heretofore, now, or hereafter made to Curis Inc. (hereinafter called the "Pledgor") by Boston Private Bank & Trust Company (hereinafter called the "Bank"), and to secure...Security Agreement • June 17th, 2002 • Curis Inc • Biological products, (no disgnostic substances) • Massachusetts
In consideration of loans heretofore, now, or hereafter made to Curis Inc. (hereinafter called the "Pledgor") by Boston Private Bank & Trust Company (hereinafter called the "Bank"), and to secure payment of any liability or obligation of the Pledgor to the Bank, direct or indirect, primary or secondary, now existing or hereafter arising including, without limitation, obligations arising pursuant to a certain Loan Agreement dated June 14, 2002, as amended from time to time (the "Loan Agreement") and Pledgor's Secured Term Note in the principal amount of Four Million Six Hundred Ninety-Four Thousand Eight Hundred Four and 11/100ths ($4,694,804.11) Dollars, dated June 14, 2002 in which Bank is the holder (said liabilities and obligations hereby secured being hereinafter called "Obligations"), the Pledgor assigns, transfers and delivers to the Bank the collateral (to the extent of the principal balance of the Obligations) described on Exhibit A attached hereto and made a part hereof, toget
SECTION 1 AMOUNT AND TERMS OF CREDIT AND INTEREST THE TERM LOANCompany Loan Agreement • June 17th, 2002 • Curis Inc • Biological products, (no disgnostic substances) • Massachusetts
