Hape Brothers Group Limited

All Assets now owned or hereafter acquired and wherever located, including but not limited to, the following subcategories of assets: a. Accounts, including but not limited to, credit card receivables; b. Chattel Paper; c. Inventory; d. Equipment; e. Instruments, including but not limited to, Promissory Notes; f. Investment Property; g. Documents; h. Deposit Accounts; i. Letter of Credit Rights; j. General Intangibles; k. Supporting Obligations; and I. Proceeds and Products of the foregoing. Notice Pursuant to an agreement between Debtor and Secured Party, Debtor has agreed not to further encumber the collateral described herein, the further encumbering of which may constitute the tortious interference with the Secured Party's right by such encumbrancer in the event that any entity is granted a security interest in the Debtor's accounts, chattel paper or general intangibles contrary to the above, the Secured Party asserts a claim to any proceeds thereof received by such entity.

"Collateral" means all of the Seller's right, title and interest in and to any and all of Seller's future receivables, accounts receivables, accounts and contracts rights arising from or relating to the payment of the gross amount of monies from the use by Seller's customers of cash, check, wire, ACH, credit cards, debit cards, bank cards, or any form of electronic payments, wherever located, hereafter arising or acquired, whether or not subject to the Uniform Commercial Code (" UCC"), as same may be in effect in any applicable jurisdiction wherein such may be located, the foregoing property of Seller regardless of how such is titled if used in connection of the business of the Seller.