Patents and Trademarks Sample Contracts

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GRANT OF SECURITY INTEREST IN PATENTS AND TRADEMARKS
Patents and Trademarks • February 25th, 2005 • Biodelivery Sciences International Inc • Pharmaceutical preparations

THIS GRANT OF SECURITY INTEREST (“Grant”), effected as of February 22, 2005, is executed by BioDelivery Sciences International, Inc. a Delaware corporation (the “Grantor”), in favor of Laurus Master Fund, Ltd. (the “Secured Party”).

GRANT OF SECURITY INTEREST IN PATENTS AND TRADEMARKS
Patents and Trademarks • August 15th, 2005 • Apogee Technology Inc • Semiconductors & related devices

THIS GRANT OF SECURITY INTEREST (“Grant”), effected as of August 9, 2005, is executed by Apogee Technology, Inc., a Delaware corporation (the “Grantor”), in favor of Laurus Master Fund, Ltd. (the “Secured Party”).

GRANT OF SECURITY INTEREST IN PATENTS AND TRADEMARKS
Patents and Trademarks • March 21st, 2006 • Digital Recorders Inc • Radio & tv broadcasting & communications equipment

THIS GRANT OF SECURITY INTEREST (“Grant”), effected as of March 15, 2006, is executed by Digital Recorders, Inc., a North Carolina corporation, Digital Audio Corporation, a North Carolina corporation and Twin Vision of North America, Inc. (collectively, the “Grantor”), in favor of Laurus Master Fund, Ltd. (the “Secured Party”).

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