IN THE T&P COLLATERAL
GRANTED HEREBY ARE MORE FULLY SET FORTH IN THE SECURITY AGREEMENT AND THE RIGHTS
AND REMEDIES SET FORTH HEREIN ARE WITHOUT PREJUDICE TO, AND ARE IN ADDITION TO,
THOSE SET FORTH IN THE SECURITY AGREEMENT.
IN THE EVENT THAT ANY PROVISIONS OF
THIS GRANT ARE DEEMED TO CONFLICT WITH THE SECURITY AGREEMENT, THE PROVISIONS OF
THE SECURITY AGREEMENT SHALL GOVERN.
4.
THE GRANTOR HEREBY AUTHORIZES THE SECURED PARTY TO FILE ALL SUCH
FINANCING STATEMENTS OR OTHER INSTRUMENTS TO THE EXTENT REQUIRED BY THE UNIFORM
COMMERCIAL CODE AND AGREES TO EXECUTE ALL SUCH OTHER DOCUMENTS, AGREEMENTS AND
INSTRUMENTS AS MAY BE REQUIRED OR DEEMED NECESSARY BY THE SECURED PARTY, IN EACH
CASE FOR PURPOSES OF AFFECTING OR CONTINUING SECURED PARTY'S SECURITY INTEREST
IN THE T&P COLLATERAL.
[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]
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IN WITNESS WHEREOF, the Grantor has caused this instrument to be executed as of
the day and year first above written.
APOGEE TECHNOLOGY, INC.
By:
/s/
Name:
Title:
3
LAURUS MASTER FUND, LTD.
By:
/s/
Name:
Title:
4