ADVENTURE CYCLING RACING LLC

General Description
DEBTOR HEREBY GRANTS SECURED PARTY A SECURITY INTEREST IN ALL INVENTORY OF GOODS AND MERCHANDISE, MATERIALS AND EQUIPMENT NOW HELD OR HEREAFTER SOLD BY SECURED PARTY TO DEBTOR BEARING THE TRADENAME(S) SPECIALIZED OF SECURED PARTY AND ALL ADDITIONS AND ACCESSIONS THERETO OR THEREFORE AND ANY PROCEEDS THEREOF OR THEREFROM INCLUDING BUT NOT LIMITED TO ACCOUNTS RECEIVABLE, PROMISSORY NOTES, INSTALLMENT CONTRACTS, CONTRACT RIGHTS, CHATTEL PAPER AND INSTRUMENTS ARISING THEREFROM (HEREINAFTER CALLED COLLATERAL).

General Description
DEBTOR HEREBY GRANTS SECURED PARTY A PURCHASE MONEY SECURITY INTEREST IN ALL INVENTORY OF GOODS AND MERCHANDISE NOW HELD OR HEREAFTER ACQUIRED BY DEBTOR BEARING THE TRADEMARK(S) AND/OR TRADE NAME(S)ORBEA AND/OR ETXE ONDO AND/OR MAVIC AND/OR CAMPAGNOLO AND/OR SHIMANO AND/OR ITM AND/OR ZEUS AND/OR ORCA EITHER SINGLY OR IN COMBINATION WITH ANY OTHER WORD OR WORDS, TOGETHER WITH ALL ACCESSIONS OR ADDITIONS THERETO, AND ALL ACCOUNTS, CONTRACT RIGHTS, DOCUMENTS, INSTRUMENTS, GENERAL INTANGIBLES AND CHATTEL PAPER OF DEBTOR NOW EXISTING OR HEREAFTER ARISING OUT OF OR WITH RESPECT TO SUCH INVENTORY AND ALL PROCEEDS OF THE FOREGOING.

To secure payment and performance of all obligations Debtor hereby grants to Secured Party a continuing purchase money security interest in all LOOK branded inventory, equipment, and goods distributed by Secured Party, whenever sold, consigned or delivered, directly or indirectly, to or for the benefit of Debtor by Secured Party, wherever located, now owned and hereafter acquired including but not limited to all LOOK branded bicycles, framesets, pedals, cleats, components and apparel products; and all accessions and products; and accessories, supplies and parts including repossessions and returns;
and all proceeds from the sale thereof; all documents including books and records; and all existing or subsequently arising, accounts and accounts receivable, and supporting obligations which may from time to time hereafter come into existence during the term of this Security Agreement.  Secured Party's purchase money security interest is explicitly limited to outstanding obligations between Secured Party and Debtor.

All of the following property that is now or hereafter at any time used in connection with (without regard to the duration of the period of such use), or now or at any time relates to or arises as a result of, the operation of the Debtor's business: (i) all of the Debtor's inventory, including all goods, merchandise, raw materials, supplies and other tangible personal property, now owned or hereafter acquired, and all documents now and at any times covering or representing any of said property; (ii) all of Debtor's accounts, accounts receivable, contract receivables, contract rights, notes, drafts, acceptances, instruments, chattel paper, payment intangibles and general intangibles, and all guarantees and suretyship agreements relating thereto and all security for payment thereof, now and hereafter existing or arising; and (iii) all of Debtor's equipment, including all furniture, furnishings, machinery, fixtures, storage
shelves and other goods used in the conduct of Debtor's business, including, but not limited to, all motor vehicles and rolling stock, now owned or hereafter acquired; together with (a) all increases, parts, fittings, accessories, equipment, special tools and accessions now or hereafter attached thereto or used in connection therewith, and any and all replacements of all or any part thereof; (b) any profits now or hereafter acquired from or through any of the foregoing; (c) any products now or hereafter acquired from or through any of the foregoing; (c) any products now or hereafter manufactured, processed, assembled or commingled from any of the foregoing; and (d) any and all proceeds received should any of the foregoing be sold, exchanged, collected or otherwise disposed of. All of the above described collateral falls within the scope of the Uniform Commercial Code. Notice is hereby provided that pursuant to a
contract between Debtor and Secured Party, Debtor has agreed that the collateral described herein ("Covered Collateral") will not, after the date of the filing of this UCC Financing Statement, be sold, transferred or further encumbered while this UCC Financing Statement is in effect. The sale, transfer or further encumbrance of the Covered Collateral shall constitute a breach by the Debtor of the terms of the contract between Debtor and Secured Party. Any third party that further encumbers the Covered Collateral in whole or in part, purchases the Covered Collateral in whole or in part, or otherwise takes receipt of any rights to the Covered Collateral in whole or in part and who has or should have knowledge of this Financing Statement or the restrictions in the contract between Debtor and Secured Party shall be tortiously interfering with the contract between Debtor and Secured Party and shall Be liable to Secured Party for any damages suffered as a result of the interference.

All of the following property that is now or hereafter at any time used in connection with (without regard to the duration of the period of such use), or now or at any time relates to or arises as a result of, the operation of the Debtor's business: (i) all of the Debtor's inventory, including all goods, merchandise, raw materials, supplies and other tangible personal property, now owned or hereafter acquired, and all documents now and at any times covering or representing any of said property; (ii) all of Debtor's accounts, accounts receivable, contract receivables, contract rights, notes, drafts, acceptances, instruments, chattel paper, payment intangibles and general intangibles, and all guarantees and suretyship agreements relating thereto and all security for payment thereof, now and hereafter existing or arising; and (iii) all of Debtor's equipment, including all furniture, furnishings, machinery, fixtures,
storage shelves and other goods used in the conduct of Debtor's business, including, but not limited to, all motor vehicles and rolling stock, now owned or hereafter acquired; together with (a) all increases, parts, fittings, accessories, equipment, special tools and accessions now or hereafter attached thereto or used in connection therewith, and any and all replacements of all or any part thereof; (b) any profits now or hereafter acquired from or through any of the foregoing; (c) any products now or hereafter acquired from or through any of the foregoing; (c) any products now or hereafter manufactured, processed, assembled or commingled from any of the foregoing; and (d) any and all proceeds received should any of the foregoing be sold, exchanged, collected or otherwise disposed of. All of the above
described collateral falls within the scope of the Uniform Commercial Code. Notice is hereby provided that pursuant to a contract between Debtor and Secured Party, Debtor has agreed that the collateral described herein ("Covered Collateral") will not, after the date of the filing of this UCC Financing Statement, be sold, transferred or further encumbered while this UCC Financing Statement is in effect. The sale, transfer or further encumbrance of the Covered Collateral shall constitute a breach by the Debtor of the terms of the contract between Debtor and Secured Party. Any third party that further encumbers the Covered Collateral in whole or in part, purchases the Covered Collateral in whole or in
part, or otherwise takes receipt of any rights to the Covered Collateral in whole or in part and who has or should have knowledge of this Financing Statement or the restrictions in the contract between Debtor and Secured Party shall be tortiously interfering with the contract between Debtor and Secured Party and shall be liable to Secured Party for any damages suffered as a result of the interference.

No collateral description in the Colorado open-data record.