0001104659-03-010323 Sample Contracts

SECURITY AGREEMENT

Security Agreement • May 15th, 2003 • Schlotzskys Inc • Retail-eating places

• Contract Type
  Security Agreement
• Filed
  May 15th, 2003
• Company
  Schlotzskys Inc
• Industry
  Retail-eating places

This Security Agreement (the “Security Agreement”), is dated effective as of the 8th day of April 2003 (the “Effective Date”), and is by and between Schlotzsky’s, Inc., a Texas corporation (the “Debtor”), and John C. Wooley and Jeffrey J. Wooley (collectively, the “Secured Party”).

Contract

Note and Security Agreement • May 15th, 2003 • Schlotzskys Inc • Retail-eating places • Texas

• Contract Type
  Note and Security Agreement
• Filed
  May 15th, 2003
• Company
  Schlotzskys Inc
• Industry
  Retail-eating places
• Jurisdiction
  Texas

Schlotzsky’s, Inc. 203 Colorado Street Austin, TX 78701 BORROWER’S NAME AND ADDRESS “I” includes each borrower above, jointly and American Bank of Commerce 522 Congress Ave., Suite 100 Austin, TX 78701 LENDER’S NAME AND ADDRESS “You” means the lender, its successors and assigns Loan Number 403409 Date 03/27/03 Maturity Date 06/25/03 Loan Amount $ 150,000.00 Renewal Of