0001193125-10-050320 Sample Contracts

SECURITY AGREEMENT
Security Agreement • March 8th, 2010 • Nautilus, Inc. • Sporting & athletic goods, nec • Washington

This SECURITY AGREEMENT, dated as of March 8, 2010, is by and between NAUTILUS, INC., a Washington corporation (the “Debtor”), and BANK OF THE WEST (“the Secured Party”).

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STAIRMASTER TECHNOLOGY TRANSFER AND LICENSE AGREEMENT
And License Agreement • March 8th, 2010 • Nautilus, Inc. • Sporting & athletic goods, nec

THIS STAIRMASTER TECHNOLOGY TRANSFER AND LICENSE AGREEMENT (hereinafter “Stairmaster Technology Agreement” or “Agreement”) relates to technology connected with the Nautilus Stairmaster business and is effective as of the date of signing by the last of the parties to sign below and is by and between Xiamen World Gear Sports Goods Co., Ltd. a corporation organized under the laws of the People’s Republic of China (“Buyer”), having a place of business at 27-29 North 2nd Road, Xinglin, Jimei District, Xiamen City, Fujian Province, People’s Republic of China and Nautilus, Inc. (“Nautilus”), a Washington corporation, having a place of business at 16400 SE Nautilus Drive, Vancouver, WA. 98683. Buyer and Nautilus are referred to collectively herein as the “Parties”. This Stairmaster Technology Agreement is an exhibit to a Stairmaster Asset Purchase Agreement relating to the Nautilus Stairmaster business entered into on the same date between Buyer and Nautilus. The parties agree as follows:

ASSET PURCHASE AGREEMENT BETWEEN MED-FIT SYSTEMS, INC. (Buyer) AND NAUTILUS, INC. (Seller) February 18, 2010.
Asset Purchase Agreement • March 8th, 2010 • Nautilus, Inc. • Sporting & athletic goods, nec • Washington

This Asset Purchase Agreement (this “Agreement”) is entered into as of February 18, 2010, by and between Med-Fit Systems, Inc., a California corporation (“Buyer”), and Nautilus, Inc., a Washington corporation (“Nautilus”). Buyer and Nautilus are referred to collectively herein as the “Parties.”

CREDIT AGREEMENT among BANK OF THE WEST, as Lender, and NAUTILUS, INC., as Borrower, dated March 8, 2010
Credit Agreement • March 8th, 2010 • Nautilus, Inc. • Sporting & athletic goods, nec • Washington

This CREDIT AGREEMENT (the “Agreement”) dated March 8, 2010, is by and between BANK OF THE WEST (the “Lender”) and NAUTILUS, INC., a Washington corporation (“Borrower”).

COMMERCIAL LICENSE AGREEMENT
Commercial License Agreement • March 8th, 2010 • Nautilus, Inc. • Sporting & athletic goods, nec • Washington

THIS LICENSE AGREEMENT (hereinafter “License” or “Agreement”) is by and between Med-Fit Systems, Inc. a California corporation (“Buyer”) and Nautilus, Inc., a Washington corporation (“Nautilus”) (collectively the “Parties”). This License is an exhibit to an Asset Purchase Agreement (the “APA”) entered into on the same date between the Parties.

SUMMARY OF BASIC LEASE INFORMATION
Lease • March 8th, 2010 • Nautilus, Inc. • Sporting & athletic goods, nec • Virginia

This SUMMARY OF BASIC LEASE INFORMATION (the “Lease Summary”) is hereby incorporated into and made a part of the attached Lease (this Lease Summary and the Lease to be known collectively as the “Lease”). In the event of a conflict between the terms of this Lease Summary and the Lease, the terms of the Lease shall prevail. Any capitalized terms used in this Lease Summary and not otherwise defined in this Lease Summary shall have the meanings ascribed to them in the Lease.

LICENSE AGREEMENT
License Agreement • March 8th, 2010 • Nautilus, Inc. • Sporting & athletic goods, nec • Washington

THIS LICENSE AGREEMENT (hereinafter “License” or “License Agreement”) is effective as of the date of signing by the last of the parties to sign below and is by and between Xiamen World Gear Sports Goods Co., Ltd. a corporation under the laws of the People’s Republic of China (“Buyer”), having a place of business at 27-29 North 2nd Road, Xinglin, Jimei District, Xiamen City, Fujian Province, People’s Republic of China and Nautilus, Inc., a Washington Corporation (“Nautilus”), having a place of business at 16400 SE Nautilus Drive, Vancouver, WA. 98683. Buyer and Nautilus are referred to collectively herein as the “Parties”. This License is an exhibit to an Asset Purchase Agreement entered into on the same date between Buyer and Nautilus. The parties agree as follows:

SCHWINN ASSET PURCHASE AGREEMENT BETWEEN FIT DRAGON INTERNATIONAL, LTD. (Buyer) AND NAUTILUS, INC. (Seller) December 5, 2009.
Schwinn Asset Purchase Agreement • March 8th, 2010 • Nautilus, Inc. • Sporting & athletic goods, nec • Washington

This Schwinn Asset Purchase Agreement (this “Agreement”) is entered into as of December 5, 2009 by and between Fit Dragon International, Ltd., a British Virgin Islands corporation (“Buyer”), and Nautilus, Inc., a Washington corporation (“Nautilus”). Buyer and Nautilus are referred to collectively herein as the “Parties.”

STAIRMASTER ASSET PURCHASE AGREEMENT BETWEEN FIT DRAGON INTERNATIONAL, LTD. (Buyer) AND NAUTILUS, INC. (Seller) December 5, 2009.
Stairmaster Asset Purchase Agreement • March 8th, 2010 • Nautilus, Inc. • Sporting & athletic goods, nec • Washington

This StairMaster Asset Purchase Agreement (this “Agreement”) is entered into as of December 5, 2009, by and between Fit Dragon International, Ltd., a British Virgin Islands corporation (“Buyer”), and Nautilus, Inc., a Washington corporation (“Nautilus”). Buyer and Nautilus are referred to collectively herein as the “Parties.”

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