SECURITY AGREEMENT Dated April 21, 2008 From TURBOSONIC TECHNOLOGIES, INC., as Grantor to CANADIAN IMPERIAL BANK OF COMMERCE, as LenderSecurity Agreement • July 25th, 2008 • Turbosonic Technologies Inc • Services-engineering services • New York
SECURITY AGREEMENT (this “Agreement”) dated April 21, 2008 made by Turbosonic Technologies, Inc., a Delaware corporation (the “Grantor”), in favor of Canadian Imperial Bank of Commerce (the “Lender”).
GUARANTYGuaranty • July 25th, 2008 • Turbosonic Technologies Inc • Services-engineering services • New York
THIS GUARANTY, dated as of April 21, 2008, is made by TURBOSONIC TECHNOLOGIES, INC. (the “Guarantor”) in favor of CANADIAN IMPERIAL BANK OF COMMERCE, as lender (the “Lender”).
