SECURITY AGREEMENTSecurity Agreement • February 11th, 2008 • Enlightened Gourmet, Inc. • Wholesale-groceries & related products • New York
Concurrently herewith, Borrower is issuing a promissory note to Lender in the amount of $_________________ to the Lender, a copy of a form of which is attached hereto as Exhibit A. This is one of $__ 00,000 in notes being issued by the Borrower (as further described below and in other documentation pertaining to the transaction) (collectively the "Notes"). Contemporaneously with Borrower’s and the Lender’s execution of the Agreement, Borrower has agreed to secure its obligations to the Lender pursuant to the Notes, by granting the Lender a third position security interest (commensurate with other investors in the Notes in an aggregate amount of $ _00,000) in all of the Collateral hereinafter referred to.
NOTE AND STOCK PURCHASE AGREEMENTNote and Stock Purchase Agreement • February 11th, 2008 • Enlightened Gourmet, Inc. • Wholesale-groceries & related products • New York
This NOTE AND STOCK PURCHASE AGREEMENT (the “Note Agreement’) is made as of the ____ day of _________, 2007 by and among The Enlightened Gourmet, Inc. (“the Company”) and _____________ (the “Purchaser”).
