0001104659-03-026749 Sample Contracts

SECURITY AGREEMENT
Security Agreement • November 14th, 2003 • Schlotzskys Inc • Retail-eating places

This Security Agreement (the “Security Agreement”), is dated effective as of the 14th day of November 2003 (the “Effective Date”), and is by and between Schlotzsky’s Franchisor, LLC, a Delaware limited liability company (the “Debtor”), and John C. Wooley and Jeffrey J. Wooley (collectively, the “Secured Party”).

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