0001104659-05-027871 Sample Contracts

INTELLECTUAL PROPERTY SECURITY AGREEMENT
Intellectual Property Security Agreement • June 13th, 2005 • Implant Sciences Corp • Surgical & medical instruments & apparatus

This INTELLECTUAL PROPERTY SECURITY AGREEMENT, dated as of June 1, 2005 (the “Agreement”) between BRIDGE BANK, NATIONAL ASSOCIATION (“Lender”) and C Acquisition Corp. (“Grantor”), is made with reference to the Business Financing Agreement, dated as of June 1, 2005 (as amended from time to time, the “Financing Agreement’), among Lender, Implant Sciences Corporation and Grantor. Terms defined in the Financing Agreement have the same meaning when used in this Agreement.

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BUSINESS FINANCING AGREEMENT
Business Financing Agreement • June 13th, 2005 • Implant Sciences Corp • Surgical & medical instruments & apparatus • California
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