AMENDED AND RESTATED SECURITY AGREEMENTAmended and Restated Security Agreement • June 29th, 2010 • Future Now Group Inc. • Services-business services, nec
THIS AMENDED AND RESTATED SECURITY AGREEMENT (this “Agreement”) is made as of the __st day of June, 2010, by FUTURE NOW GROUP, INC., a Delaware corporation, having a mailing address at 80 Mountain Laurel Road, Fairfield, CT, 06824 (the “Company”), GROK SOFTWARE, INC., a Delaware corporation, having a mailing address at 80 Mountain Laurel Road, Fairfield, CT, 06824 (“GROK”), FUTURE NOW, INC., a Delaware corporation, having a mailing address at 80 Mountain Laurel Road, Fairfield, CT, 06824 (“FNI”), INTELLECTUAL PROPERTY LICENSING GROUP, INC., a Delaware corporation, having a mailing address at 80 Mountain Laurel Road, Fairfield, CT, 06824 ("IPLG"), ELEMENTAL BUSINESS, INC., a Utah corporation, having a mailing address at 80 Mountain Laurel Road, Fairfield, CT, 06824 (“EBI”), FUTURE NOW CONSULTING, INC., a Delaware corporation (“FNC” and together with the Company, GROK, FNI, IPLG and EBI, individually and collectively, jointly and severally, the “Debtors”) in favor of and for the benefit
AGREEMENTAgreement • June 29th, 2010 • Future Now Group Inc. • Services-business services, nec
THIS AGREEMENT is executed effective the ____ day of June, 2010, between and among GROK SOFTWARE, INC., a Delaware corporation, (“GROK”), FUTURE NOW GROUP, INC., a Nevada corporation (“FUTR”), FUTURE NOW, INC., a Delaware corporation (“FNI”), INTELLECTUAL PROPERTY LICENSING GROUP, INC., a Delaware corporation ("IPLG"), ELEMENTAL BUSINESS, INC., a Utah corporation (“EBI”), FUTURE NOW CONSULTING, INC., a Delaware corporation (“FNC” and together with GROK, FUTR, FNI, IPLG and EBI, individually and collectively, jointly and severally, the “Borrower”) with offices at 80 Mountain Laurel Road, Fairfield, CT 06824 and PROFESSIONAL OFFSHORE OPPORTUNITY FUND, LTD (“POOF” or the “Lender”).”
