Guarantor Security and Pledge Agreement Sample Contracts

GUARANTOR SECURITY AND PLEDGE AGREEMENT
Guarantor Security and Pledge Agreement • January 21st, 2010 • FriendFinder Networks Inc. • Services-computer programming, data processing, etc. • New York

THIS GUARANTOR SECURITY AND PLEDGE AGREEMENT (this “Agreement”), is made as of August 17, 2005 by and between [ , a ] (the “Guarantor”), having its principal place of business at 6800 Broken Sound Parkway NW, Suite 100, Boca Raton, FL 33487 and U.S. Bank National Association, a national banking association, as collateral agent (in such capacity, the “Agent”) for the Holders (collectively, the “Holders”) party to a Securities Purchase Agreement (as amended and in effect from time to time, the “Securities Purchase Agreement”) dated as of the date hereof, by and among Penthouse Media Group, Inc. (the “Issuer”), the subsidiaries of the Issuer, as Guarantors, such “Holders,” and the Agent as administrative agent and collateral agent for the Holders. This Agreement secures the obligations of the Guarantor under its guaranty of the Issuer’s 11.0% Senior Secured Promissory Notes due 2010 (the “Notes”), issued pursuant to the Securities Purchase Agreement, and under the other Note Documents.

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