PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • April 23rd, 2007 • Gigabeam Corp • Radio & tv broadcasting & communications equipment • New York
PLEDGE AND SECURITY AGREEMENT (this “Agreement”), dated April 17, 2007, made by and among Gigabeam Corporation (the “Company”) and the holders of Company’s common stock signatory hereto (collectively, the “Pledgors”) in favor of Feldman Weinstein & Smith LLP (the “Agent”) and each of the holders of the Company’s 14% Secured Promissory Notes due, unless demanded earlier pursuant to the terms therein, December 31, 2007 (collectively, the “Pledgees”).
