Filing 20262019858

THIS AGREEMENT WILL CONSTITUTE A SECURITY AGREEMENT UNDER THE UNIFORM COMMERCIAL CODE. MERCHANT AND GUARANTOR(S) GRANT(S) TO FUTURE FUNDING A SECURITY INTEREST IN AND LIEN UPON ALL OF THEIR PRESENT AND FUTURE (A) ACCOUNTS (THE "ACCOUNTS COLLATERAL"), ACCOUNTS RECEIVABLES, CHATTEL PAPER, DOCUMENTS, EQUIPMENT, GENERAL INTANGIBLES, INSTRUMENTS, AND INVENTORY, AS THOSE TERMS ARE EACH DEFINED IN ARTICLE 9 OF THE UNIFORM COMMERCIAL CODE (THE "UCC"), NOW OR HEREAFTER OWNED OR ACQUIRED BY MERCHANT AND/OR GUARANTOR(S); (B) ALL PROCEEDS, AS THAT TERM IS DEFINED IN ARTICLE 9 OF THE UCC; (C) FUNDS AT ANY TIME IN THE MERCHANT'S AND/OR GUARANTOR(S) ACCOUNT, REGARDLESS OF THE SOURCE OF SUCH FUNDS; (D) PRESENT AND FUTURE ELECTRONIC CHECK TRANSACTIONS; AND (E) ANY AMOUNT WHICH MAY BE DUE TO FUTURE FUNDING UNDER THIS AGREEMENT, INCLUDING BUT NOT LIMITED TO ALL RIGHTS TO RECEIVE ANY PAYMENTS OR CREDITS UNDER THIS AGREEMENT (COLLECTIVELY, THE "SECURED ASSETS"). THE SECURITY INTEREST IN ACCOUNT COLLATERAL SHALL BE EFFECTIVE IMMEDIATELY.