SECURITY AGREEMENTSecurity Agreement • May 3rd, 2010 • Camelot Entertainment Group, Inc. • Services-motion picture & video tape production • California
THIS SECURITY AGREEMENT (this "Security Agreement"), dated as of April 28, 2010 by and between Camelot Film Group, Inc., a Nevada corporation ("Debtor"); and CMBG Advisors, Inc., a California corporation in its capacity as assignee for the benefit of creditors of Liberation Entertainment, Inc. ("Secured Party"), is made with reference to the following facts:
ASSET PURCHASE AGREEMENTAsset Purchase Agreement • May 3rd, 2010 • Camelot Entertainment Group, Inc. • Services-motion picture & video tape production • California
THIS ASSET PURCHASE AGREEMENT (“Agreement”) is made as of April 28, 2010, by and between CMBG ADVISORS, INC., a California corporation, in its sole and limited capacity as assignee for the benefit of creditors of Liberation Entertainment, Inc. (the “Seller”); and CAMELOT FILM GROUP, INC., a Nevada corporation (“CFG” or “Buyer”), and a wholly-owned subsidiary of CAMELOT ENTERTAINMENT GROUP, INC., a Delaware corporation (“CMGR”).
COMMERCIAL GUARANTYCommercial Guaranty • May 3rd, 2010 • Camelot Entertainment Group, Inc. • Services-motion picture & video tape production • California
ASSIGNMENT AND ASSUMPTION AGREEMENTAssignment and Assumption Agreement • May 3rd, 2010 • Camelot Entertainment Group, Inc. • Services-motion picture & video tape production • California
WHEREAS, Assignor and Camelot have entered into that certain Asset Purchase Agreement dated April 27, 2010 (the “Purchase Agreement”; capitalized terms used without definition herein shall have the meanings ascribed to such terms in the Purchase Agreement) pursuant to which Camelot is purchasing certain assets and assuming certain liabilities with respect to such assets;
