SECURITY INTEREST. To secure the prompt payment and performance to [[Organization B:Organization]] of all of the Obligations, [[Organization A:Organization]] hereby grants to [[Organization B:Organization]] a continuing security interest in the Collateral. [[Organization A:Organization]] is not authorized to sell, assign, transfer or otherwise convey any Collateral without [[Organization B:Organization]]’s prior written consent, except for the sale of finished inventory in the [[Organization A:Organization]]’s usual course of business. [[Organization A:Organization]] agrees to sign any instruments and documents requested by [[Organization B:Organization]] to evidence, perfect, or protect the interests of [[Organization B:Organization]] in the Collateral. [[Organization A:Organization]] agrees to deliver to [[Organization B:Organization]] the originals of all instruments, chattel paper and documents evidencing or related to Receivables and Collateral. [[Organization A:Organization]] shall not grant or permit any lien or security in the Collateral or any interest therein other than Permitted Liens.

SECTION # Security Interest / Collateral. To secure payment of the “Indebtedness” as defined below, [[Organization A:Organization]] hereby grants to [[Organization B:Organization]] a security interest in all the collateral described below, together with all substitutions, replacements, products, dividends, interest and proceeds thereof, all whether now owned or hereafter acquired (the “Collateral”):

#[[Organization B:Organization]] hereby pledges and assigns and grants to [[Organization C:Organization]] a continuing security interest in and to the Collateral to secure the prompt and complete payment and performance of the Secured Obligations.

SECTION # Indebtedness. The security interest in the Collateral is given to secure the payment and performance of all obligations owed to [[Organization B:Organization]] by [[Organization A:Organization]] and [[Organization C:Organization]] under the Note and this Security Agreement, and any modifications, replacements, substitutions, extensions, refinancings, or renewals of any of the foregoing, together with any and all expenses, including attorney’s fees, incurred or paid by [[Organization B:Organization]] in the enforcement of [[Organization B:Organization]]’s rights under any of the foregoing, all whether now existing or hereafter created or otherwise arising. The foregoing obligations shall be collectively referred to herein as the “Indebtedness.”