EXHIBIT 10.1
 
INTELLECTUAL PROPERTY SECURITY AGREEMENT
 
This INTELLECTUAL PROPERTY SECURITY AGREEMENT is entered into as of December 31,
2010 by and between AGILITY CAPITAL II, LLC (“Lender”) and ACCELERIZE NEW MEDIA,
INC., a Delaware corporation (“Grantor”).
 
Recitals
 
Lender has agreed to make certain advances of money and to extend certain
financial accommodation to Grantor (the “Loans”) in the amounts and manner set
forth in that certain Loan Agreement by and between Lender and Grantor (as
amended from time to time, the “Loan Agreement”) dated on or about the date
hereof.  Capitalized terms used herein have the meaning assigned in the Loan
Agreement.  Lender is willing to make the credit extensions to Grantor, but only
upon the condition, among others, that Grantor shall grant to Lender a security
interest in all of Grantor’s right title, and interest in, to and under all of
the Collateral whether presently existing or hereafter acquired
 
Now, Therefore, Grantor agrees as follows:
 
Agreement
 
To secure performance of Grantor’s obligations under the Loan Agreement, Grantor
grants to Lender a security interest in all of Grantor’s right, title and
interest in Grantor’s intellectual property (including without limitation those
Copyrights, Patents and Trademarks listed on Exhibits A, B and C hereto),
including without limitation all proceeds thereof (such as, by way of example
but not by way of limitation, license royalties and proceeds of infringement
suits).  This security interest is granted in conjunction with the security
interest granted to Lender under the Loan Agreement.  Each right, power and
remedy of Lender provided for herein shall not preclude the simultaneous or
later exercise by Lender of any or all other rights, powers or remedies.
 
In Witness Whereof, the parties have caused this Intellectual Property Security
Agreement to be duly executed as of the first date written above.
 
Address of Grantor:
ACCELERIZE NEW MEDIA, INC.
204 Riverside Ave.
Newport Beach, CA 92663
Attn:  Brian Ross
By: /s/ Brian Ross                                                         
 
Title: Chief Executive Officer                                       
   
Address of Lender:
AGILITY CAPITAL II, LLC
812 Anacapa Street, Suite A
Santa Barbara, CA 93101
Attn:  Jeff Carmody
By: /s/ Jeff Carmody                                                      
 
Title: Managing Partner                                                

 
 
 

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EXHIBIT A
 
Copyrights
 
Title
Registration Number
Registration Date
           

 
 
 

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EXHIBIT B
 
Patents
 
Title
Serial No./ Patent Number
Application No./ Issue Date
     
Lead generation management system
61/301,811
02/05/10
           

 
 
 

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EXHIBIT C
 
Trademarks
 
Description
Registration No./Issue Date
Application  No./Filing Date