Document:

<PAGE>

                                                                   EXHIBIT 10.36

                               SECURITY AGREEMENT

         This SECURITY AGREEMENT ("Security Agreement") is made this 31st day of
December, 2001, by Syndicated Transportation Service Group, Inc., successor by
merger of Beasley Transportation, Inc. ("Grantor"), in favor of Charles A.
Beasley and Marjorie A. Beasley, as joint tenants (together, "Secured Party").

         WHEREAS, Secured Party and Grantor are, together with other parties,
parties to an Agreement and Plan of Merger and Reorganization ("Merger
Agreement") pursuant to which Secured Party exchanged all of the shares of the
common stock of Beasley Food Service, Inc. and Beasley Transportation, Inc. for,
among other considerations, a $1,266,420 promissory note (the "Promissory Note")
of Syndicated Food Service International, Inc. f/k/a Floridino's International
Holdings, Inc. ("SFSI"); and

         WHEREAS, pursuant to the terms of the Merger Agreement, Grantor agreed
to grant to Secured Party a security interest in the Collateral (as defined
below) to secure compliance with the Liabilities (as defined in Section 1
below);

         WHEREAS, capitalized terms not otherwise defined herein shall have the
meaning ascribed to them in the Merger Agreement or in the Promissory Note;

         NOW THEREFORE, in consideration of the premises and the covenants and
promises in this Security Agreement, the legal sufficiency of which the parties
acknowledge, the parties agree as follows:

         1.       DEFINITIONS. As used in this Agreement:

         "COLLATERAL" means all of the Grantor's property described on Exhibit
A, consisting of motor vehicles, in which a security interest and lien is
granted under this Security Agreement.

         "LIABILITIES" means the obligations of SFSI under the Promissory Note.

         2.       SECURITY INTEREST IN COLLATERAL.

         As security for the prompt payment and performance of the Liabilities,
Secured Party shall have, and Grantor does hereby grant to Secured Party, a
security interest in the Collateral, wherever located, and all products,
proceeds, including, without limitation, insurance proceeds, of the Collateral
and all rights and remedies of Grantor in relation to the Collateral.
Immediately upon execution of this Security Agreement, Grantor, at Grantor's
expense, shall cause the Secured Party's lien against the Collateral to be
reflected on each certificate of title issued for the Collateral, and upon
securing the new certificates of title, as amended to reflect the liens, Grantor
shall deliver all the certificates of title to Barnes & Thornburg, with address
at 11 South Meridian Street, Indianapolis, IN 46204-3535 (the "Escrow Agent")
who shall hold in escrow such certificates of title and (i) upon the occurrence
of an Event of Default (which has not been cured within the permitted periods)
deliver them to the Secured Party to be sold as per Section 4 hereof or (ii)
return them to Grantor upon payment of the Promissory Note.

         3.       COVENANTS OF THE GRANTOR; REPRESENTATIONS AND WARRANTIES OF
THE GRANTOR.

         (a)      COVENANTS. Grantor agrees to do all reasonable acts and things
and deliver or cause to be delivered any other documents as Secured Party may
deem necessary to establish and maintain a valid security interest in the
Collateral (free of all other liens and claims) to secure the payment and
performance of the Liabilities. Grantor authorizes Secured Party, at the expense
of Grantor, to execute and file a financing statement or statements on its
behalf in those public offices deemed advisable or necessary by Secured Party
to protect the security interests of Secured Party granted in this Agreement.
If permitted by law, Grantor agrees that a carbon, photographic or other
reproduction of this Security Agreement or of a financing statement may be filed
as a financing statement.

<PAGE>

         (b)      NOTICE OF CHANGES. Grantor agrees to give immediate notice to
Secured Party of any change in the name of Grantor or the location of its chief
executive office or places where it conducts business.

         (c)      REPRESENTATIONS AND WARRANTIES. Grantor represents and
warrants to Secured Party that the execution, delivery and performance of this
Security Agreement by Grantor does not require the approval of its shareholders
or any third party, and will not violate or conflict with, or result in an event
of default under, (i) any law or requirement binding on Grantor, (ii) Grantor's
articles of incorporation or by-laws, or (iii) any contract or agreement to
which Grantor is a party.

         4.       POWER TO SELL OR COLLECT COLLATERAL. Upon the occurrence of an
Event of Default and at any time after the occurrence of such Event of Default
(with the Event of Default not having previously been cured), Secured Party
shall have, in addition to all other rights and remedies, the remedies of a
secured party under the Uniform Commercial Code including, without limitation,
the right to realize on the Collateral, and for that purpose Secured Party may,
so far as Grantor can give authority and take and act for Grantor in connection
with the Collateral, Secured Party shall give to Grantor at least ten (10) days'
prior written notice of the time and place of any public sale of Collateral or
of the time after which any private sale or any other intended disposition is to
be made, which Secured Party and Grantor agree is commercially reasonable and
Grantor or its affiliates retain equitable rights of redemption and can purchase
Collateral at such sale.

         5.       WAIVERS AND AMENDMENT. Except as otherwise expressly set forth
in this Agreement, Grantor waives demand, notice of protest, notice of
acceptance of this Security Agreement, Collateral received or delivered or
other action taken in reliance and all other demands and notices of any
description. With respect to both Liabilities and Collateral, Grantor assents to
any extension or postponement of the time of payment or any other indulgence, to
any substitution, exchange, or release of Collateral, to the addition or release
of any party or person primarily or secondarily liable, to the acceptance of
partial payments thereon and the settlement, compromise or adjustment of any
thereof, all in such manner and at such time or times as Secured Party may deem
advisable. Secured Party has no duty as to the collection or protection of the
Collateral, or any income from the Collateral, nor as to the preservation of
rights against prior parties. Secured Party may exercise its rights with respect
to Collateral without regard to other sources of reimbursement for any
Liability. Secured Party shall not be deemed to have waived any of these rights
upon or under Liabilities or Collateral unless the waiver be in writing and
signed by Secured Party. No delay or omission on the part of Secured Party in
exercising any right operates as a waiver of that right or any other right. A
waiver on any one occasion shall not be construed as a bar to the exercise of
any right on any future occasion. All rights and remedies of Secured Party as to
the Liabilities or Collateral whether evidenced hereby or by any other
instrument or papers shall be cumulative and may be exercised singly,
successively or together. Secured Party may, from time to time, without notice
to Grantor (a) release its security interest in any of the property securing any
of the Liabilities and permit any substitution or exchange for any such property
which Secured Party agrees to do upon reasonable advance notice from Grantor in
connection with the replacement of property in the ordinary course of Grantor's
business subject to the understanding that any replacement property will be
subject to this Security Agreement; and (b) resort to the Collateral for the
payment of any of the Liabilities whether or not it shall have resorted to any
other property or shall have proceeded against any party primarily or
secondarily liable for any of the Liabilities. Secured Party is not liable for
any error or omission or delay of any kind occurring in the liquidation of any
Collateral, including the settlement, collection of any Collateral or for any
resulting damage, unless the error, omission or delay is adjudged to be gross
negligence or willful misconduct on the part of Secured Party. This Security
Agreement may be amended only by a writing duly signed by Secured Party and
Grantor.

         6.       EXPENSES, PROCEEDS OF COLLATERAL. Grantor shall pay to Secured
Party on demand any and all expenses, including reasonable attorneys' fees,
incurred or paid by Secured Party in protecting or enforcing its rights upon or
under Liabilities or the Collateral. After deducting all expenses, the residue
of any proceeds of collection or sale of the Collateral shall be applied first
to the payment of interest and then on principal payments on the Promissory
Note, and any excess shall be returned to Grantor. To the extent Grantor makes a
payment or payments to Secured Party or Secured Party enforces its security
interest and lien, and the payments or the proceeds of the enforcement are set
off or are subsequently invalidated, declared to be fraudulent or preferential,
set aside and/or required to be repaid to a

                                        2

<PAGE>

trustee or receiver or any other party under any Bankruptcy Law, state or
federal law, common law or equitable cause, in whole or in part, then to the
extent of recovery, the liability originally intended to be satisfied shall be
revived and continued in full force and effect as if the payment had not been
made or such enforcement or setoff had not occurred and shall be Liabilities
secured by the Collateral. Secured Party may, at any time or times, pay,
acquire, satisfy, or discharge any security interest, lien, encumbrance or claim
asserted by any person against the Collateral, with no obligation to determine
validity. All sums paid by Secured Party under the provisions of this paragraph
and any existing or other charges relating thereto shall be repaid to Secured
Party by Grantor on demand, and shall bear interest at the rate applicable under
me Liabilities.

         7.       NOTICES. All notices and other communications provided for
herein shall be dated and in writing and shall be deemed to have been duly given
(x) on the date of delivery, if delivered personally or by telecopier, receipt
confirmed, (y) on the second following business day, if delivered by a
recognized overnight courier service, or (z) seven days after mailing, if sent
by registered or certified mail, return receipt requested, postage prepaid, in
each case, to the party to whom it is directed at the following address (or at
such other address as any party hereto shall hereafter specify by notice in
writing to the other parties hereto):

(i)      If to Secured Parties, to Charles Beasley at the following address:

         Charles A. Beasley
         5600 Nathan Way
         Bloomington, IN 47408
         Tel: 812-336-7443, ext. 201
         Fax: 812-331-6887

         with a copy to:
         Barnes & Thornburg,
         11 South Meridian Street,
         Indianapolis, IN 46204-3535
         Tel: (317) 236-1313
         Facsimile: (317) 231-7433
         Attn: John W. Boyd

(ii)     If to Grantor:

         Syndicated Transportation Service Group, Inc.
         Address: 661 Beville Road, Suite 113
                  Daytona Beach, FL 32119
         Tel:     386-767-0407
         Fax:     386-767-5055
         Attention: William C. Keeler

         with a copy to:
         Proskauer Rose LLP
         1585 Broadway,
         New York, NY 10036
         Tel: 212-969-3000
         Fax: 212-969-2900
         Attention: David W. Sloan

                                        3

<PAGE>

(iii)    If to the Escrow Agent
         Barnes & Thornburg,
         11 South Meridian Street,
         Indianapolis, IN 46204-3535
         Tel: (317) 236-1313
         Facsimile: (317) 231-7433
         Attn: John W. Boyd

         8.       GENERAL. This Security Agreement and all rights and
obligations hereunder, including matters of construction, validity and
performance, shall be governed by the Indiana Uniform Commercial Code and other
applicable laws of the State of Indiana, without regard to principles of
conflicts of law. Whenever possible each provision of this Security Agreement
shall be interpreted in such a manner as to be effective and valid under
applicable law, but if any provision of this Security Agreement shall be
prohibited by or invalid under applicable law, such provision shall be
ineffective only to the extent of such prohibition without invalidating the
remainder of such provision or the remaining provisions of this Security
Agreement. Grantor recognizes that Secured Party has relied on this Security
Agreement in approving the Merger Agreement and agrees that such reliance by
Secured Party shall be sufficient consideration for this Security Agreement. The
rights and privileges of Secured Party shall inure to the benefit of its
respective successors and assigns; provided that this Security Agreement can
only be assigned to the assignee, if any, of the Promissory Note.

                     [REMAINDER OF PAGE INTENTIONALLY BLANK]

                                        4

<PAGE>

         IN WITNESS WHEREOF, Grantor has caused this Security Agreement to be
executed by its officers duly authorized as of the date first above written.

                                              GRANTOR

                                              SYNDICATED TRANSPORTATION
                                              SERVICE GROUP, INC.
                                              (SUCCESSOR BY MERGER TO
                                              BEASLEY TRANSPORTATION, INC.)

                                              BY: /s/ William C. Keeler
                                                  ------------------------------
                                                  William C. Keeler, President

                                              SECURED PARTY

                                              By: /s/ Charles A. Beasley
                                                  ------------------------------
                                                  Charles A. Beasley

                                              By: /s/ Marjorie A. Beasley
                                                  ------------------------------
                                                  Marjorie A. Beasley

                                       5

<PAGE>

                                    EXHIBIT A

                            DESCRIPTION OF COLLATERAL
                                (MOTOR VEHICLES)

<PAGE>

12/20/2001                                                                PAGE 1

                          Beasley Transportation INC.
                    *VEHICLE/Equipment SUMMARY FILE LISTING*

                        All Vehicles Regardless of Owner

<TABLE>
<CAPTION>
VEHICLE                              SERIAL NUMBER/   LICENCE TAG &,   CURRENT MILEAGE  MAINTENANCE
 TYPE    VEHICLE CODE  VEHICLE NAME   TITLE NUMBER   TAG EXP. / STATE    MILEAGE DATE    COAT LIFE
-------  ------------  ------------  --------------  ----------------  ---------------  -----------
<S>      <C>           <C>           <C>             <C>               <C>              <C>
Car            10        JEEP                        206628A                 60,167     $  2,537.02
                                                     01/10/2002  / IN    10/11/2001

Car             5            5                       586512L                 33,251     $    773.31
                                                     06/30/2001  / IN    12/16/2000

Other         486          486                       53G4898                      0     $      0.00
                                                     01/31/2002  / IN    07/27/2001

Other         895          895                       797435L                 62,000     $    876.75
                                                     01/31/2002  / IN    11/19/2001

Truck         100          100                       104943                 199,599     $  4,366.40
                                                     07/31/2001  / IN    11/23/2001

Truck         101          101                       104946                 335,790     $  5,736.08
                                                     07/31/2002  / IN    12/07/2001

Truck         102          102                       104934                 468,916     $  4,451.67
                                                     03/31/2001  / IN    10/17/2001

Truck         105          105                       104935                 440,135     $  3,751.91
                                                     03/31/2001  / IN    12/07/2001

Truck         106          106                       195071                 551,343     $  8,879.42
                                                     03/31/2001  / IN    08/06/2001

Truck         107          107                       28290C                 588,901     $  2,222.17
                                                     02/28/2002  / IN    10/01/2001

Truck         108          108                       28288C                  60,823     $  2,912.93
                                                     02/28/2002  / IN    12/07/2001

Truck          11           11                       104653                 279,929     $  8,486.08
                                                     03/31/2001  / IN    12/07/2001

Truck         110          110                       104952                 458,514     $  3,535.44
                                                     03/31/2001  / IN    10/26/2001

Truck          12           12                       28289C                  25,791     $  2,438.65
                                                     02/28/2002  / IN    12/03/2001

Truck          15           15                       34978V                  62,566     $    217.95
                                                     02/28/2002  / IN    12/03/2001

Truck          47           47                       195072                 424,289     $  5,075.37
                                                     03/31/2001  / IN    11/21/2001

Truck          73           73                       104947                 640,998     $  5,034.13
                                                     03/31/2001  / IN    11/05/2001

Truck          74           74                       201422                 122,802     $  3,488.37
                                                     03/31/2001  / In    12/05/2001

Truck          75           75                       198936                 171,105     $  1,945.09
                                                     03/31/2001  / IN    12/05/2001

Truck          76           76                       104951                 388,828     $  8,163.93
                                                     03/31/2002  / IN    11/09/2001

Truck          77           77                       104949                 508,286     $  4,100.63
                                                     03/31/2001  / IN    12/08/2001

Truck          78           78                       104941                 446,585     $ 14,305.31
                                                     03/31/2001  / IN    11/09/2001

Truck          85           85                       104937                 655,600     $  2,763.25
                                                     03/31/2001  / IN    12/06/2001

Truck          86           86                       104959                 576,596     $  3,114.94
                                                     03/31/2002  / IN    04/24/1998
</TABLE>

<PAGE>

12/10/2001                                                                PAGE 2

<TABLE>
<S>           <C>          <C>                       <C>                 <C>            <C>
Truck          87           87                       104948                 596,456     $  6,553.95
                                                     03/31/2001  / IN    10/16/2001

Truck          88           88                       104936                 368,940     $  4,045.77
                                                     03/31/2001  / IN    10/07/2001

Truck          89           89                       104940                 565,528     $ 17,837.43
                                                     03/31/2001  / IN    12/07/2001

Truck          91           91                       104938                 328,564     $  4,795.34
                                                     03/31/2001  / IN    08/10/2001

Truck          94           94                       104939                 499,329     $  3,811.41
                                                     03/31/2001  / IN    09/18/2001

Truck          96           96                                              222,732     $    850.75
                                                     03/30/2002  / IN    12/02/2001

Truck          97           97                       104944               1,119,867     $  1,317.52
                                                     03/31/2001  / IN    08/10/2001

Truck          98           98                       104945               1,194,040     $  1,554.87
                                                     03/31/2001  / IN    12/06/2001

Trailer       103          103                       535279                   9,019     $  9,002.54
                                                     02/28/2000  / IN    09/03/1998

Trailer       104          104                       536278                       0     $  3,942.94
                                                     02/28/2000  / IN    07/11/1996

Trailer       109          109                                                    0     $  4,123.94
                                                                   IN

Trailer       112          112                                                    0     $ 18,434.00
                                                     01/01/2000  / IN    07/20/1999

Trailer       701          701                       536304                       0     $ 19,116.64
                                                     10/30/1999  / IN    10/30/1998

Trailer       702          702                       669                          0     $ 13,235.91
                                                     02/28/2000  / IN    02/21/1996

Trailer       703          703                       536270                 107,307     $  8,056.30
                                                     02/28/2000  / IN    11/26/1996

Trailer       704          704                       3621                         0     $ 10,085.07
                                                     02/28/2000  / IN    01/29/1996

Van           029          029                       5364899                      0     $      0.00
                                                     01/31/2002  / IN    07/31/2001
                            81
Van           073          073                       209569A                204,651     $     53.20
                                                     01/31/2000  / IN    05/25/2001

Van           158          158                                               75,000     $    125.00
                                                     03/31/2002  / IN    06/28/2001

Van           481          481                                                    0     $      0.00
                                                                   IN

Van           577          577                                                    0     $      0.00
                                                                   IN

Van           826          826                                                    0     $     23.90
                                                                   IN

Van            92           92                                              105,184     $    175.26
                                                                         07/24/2001
</TABLE><PAGE>

                                                                   EXHIBIT 10.37

                           PLEDGE AND ESCROW AGREEMENT

         This Pledge and Escrow Agreement (the "Agreement") is made as of the
31st day of December, 2001, among Syndicated Food Service International, Inc.,
f/k/a Floridino's International Holdings, Inc. ( "Company"), Syndicated Food
Service Group, Inc. ("SFSI"), Charles A. Beasley ("CB"), Marjorie A. Beasley
("MB") and Barnes & Thornburg (the "Escrow Agent").

         WHEREAS, Company, SFSI, CB and MB and certain other parties have
entered, on November 27, 2001, into an Agreement and Plan of Merger and
Reorganization (the "Merger Agreement") pursuant to which CB and MB have
exchanged all the shares either of them held in Beasley Food Service, Inc. and
Beasley Transportation, Inc. for, among other considerations, Four Hundred Fifty
Eight Thousand Seven Hundred Sixteen (458,716) shares of the Company's common
stock (the "Pledged Shares").

         WHEREAS, pursuant to the terms of the Merger Agreement, the Company and
SFSI have the right, among other remedies, to foreclose on the Pledged Shares in
the event that any Indemnified Company Party sustains or incurs any Losses, as
provided in the Merger Agreement.

         WHEREAS, capitalized terms not expressly defined herein shall have the
meaning ascribed to them in the Merger Agreement.

         NOW, THEREFORE, in consideration of the premises and the mutual
agreements hereinafter contained, the parties hereto agree as follows:

1.       Creation of Security Interest.

         CB and MB hereby pledge and hereby grant to Company and SFSI a first
lien and security interest in the Pledged Shares. Concurrently with the
execution of this Agreement, CB and MB as owners of the Pledged Shares are
delivering to the Escrow Agent, with an address at 11 South Meridian Street,
Indianapolis, IN 46204-3535, (i) all stock certificates representing the Pledged
Shares which include, in addition to the legends relating to securities law, a
legend which limits the sale, assignment, pledge, mortgage, encumbrance,
hypothecation or other manner of disposition or transfer of the Pledged Shares,
and (ii) duly endorsed irrevocable stock powers in blank with the signatures
thereon guaranteed by a national commercial bank in the United States, to be
exercised only upon the earlier of an acknowledgment of a Default or the
resolution of a Dispute, as hereinafter defined.

2.       Stock Dividends and Adjustments; Voting Rights.

         If, during the term of this Agreement, any reclassification of shares,
stock split, readjustment, exchange, substitution, warrant, option or right to
acquire additional securities, is effected or issued with respect to the Pledged
Shares or any part thereof, all shares or securities that CB and MB shall become
entitled to receive as a result thereof promptly shall be delivered to the
Escrow Agent and they shall constitute Pledged Shares. So long as a (i) Default
(as hereinafter defined) shall not have occurred and be continuing or (ii) the
existence of a Dispute and until its resolution, CB and MB shall be entitled to
receive all cash dividends payable with respect to, and to exercise all rights
to vote, the Pledged Shares.

3.       Parties Representative.

         Unless otherwise specified herein, (i) CB and MB shall act through CB
and the acts of CB shall be binding upon both MB and CB to the same extent as
if they both committed or effectuated such acts, and (ii) Company and SFSI shall
act through Company and the acts of Company shall be binding upon both Company
and SFSI to the same extent as if they both committed or effectuated such acts.

<PAGE>

4.       Assurances. No Liens.

         (a)      Each party shall at the request of the other execute and
deliver all such further assignments and other documents and take all such
further action as the parties may reasonably request in order to effect the
purposes and provisions of this Agreement including to perfect, continue, better
assure or confirm the rights of Company and SFSI in the Pledged Shares provided
for hereunder.

         (b)      CB and MB shall not sell, assign, pledge or allow any other
parties to put a lien on the Pledged Shares. In the event that a lien is put on
the Pledged Shares, any costs and expenses relating to the cancellation of such
liens should be paid, jointly and severally, by CB and MB.

5.       Default; Remedies.

         In the event that, at any time, (i) Company or SFSI, reasonably and in
good faith, determines that any Indemnified Company Party has suffered any
Losses under the Merger Agreement (a "Default"), Company shall deliver to CB
and the Escrow Agent a written notice (the "Default Notice"), which Default
Notice shall specify, in detail, (i) a description of the alleged Default and
(ii) the aggregate amount claimed as Losses by the Indemnified Company Party
under the Merger Agreement (the "Default Amount"). CB shall have a period of
twenty (20) business days following the provision of the Default Notice within
which to deliver to Company a written notice (the "Response Notice"), which
Response Notice shall advise Company (a) that CB and MB agree with the alleged
Default and/or with the Default Amount set forth in the Default Notice, or (b)
that CB and MB do not agree with the alleged Default and/or with the Default
Amount set forth in the Default Notice. If (i) CB shall advise Company, in the
Response Notice, that CB and MB agree with the alleged Default and the Default
Amount set forth in the Default Notice or (ii) if CB fails to send to Company a
Response Notice, within the 20-days period described above, then no dispute
shall exist and the Escrow Agent shall proceed, if so instructed by Company
("Company Instruction"), to deliver to the Indemnified Company Party (i) an
aggregate number of Pledged Shares equal to the Default Amount divided by the
"Share Value" on the date of the Company Instruction. The Share Value shall mean
the average of the final ask price of a share of Company's common stock during
the 20-days period preceding the date of the Company Instruction. If, on the
other hand, CB shall advise Company in the Response Notice that CB and MB do not
agree with the alleged Default and/or with the Default Amount set forth in the
Default Notice (specifying in detail the Receiving Party's disagreement), a
dispute (the "Dispute") shall be deemed to exist between Company, SFSI, CB and
MB. Company and CB shall endeavor in good faith to resolve the Dispute by direct
consultation and negotiation with each other. In the event Company and CB are
unable to resolve the Dispute within ten (10) business days after the provision
to Company of the Response Notice, the Dispute shall be resolved by a court as
provided in Section 9 (a) hereof.

         If, in accordance with the terms and provisions of Section 9 (a)
hereof, such a court enters a final judgment in favor of Company and/or SFSI, in
addition to any other remedies available at law, they shall be entitled to
exercise all of the rights and remedies with respect to the Pledged Shares of a
secured party under the Uniform Commercial Code or any other applicable law.

6.       Rights, Duties and Immunities of the Escrow Agent.

         (a)      Acceptance by the Escrow Agent of its duties under this
Agreement is subject to the following terms and conditions, which all parties to
this Agreement hereby agree shall govern and control the rights, duties and
immunities of the Escrow Agent:

                  (i)      The duties and obligations of the Escrow Agent are
purely ministerial in nature and are determined solely by the express provisions
of this Agreement.

                  (ii)     The Escrow Agent shall not be responsible in any
manner whatsoever for any failure or inability of the parties to this Agreement,
or of anyone else, to honor any of the provisions of this Agreement.

                                       -2-

<PAGE>

                  (iii)    The parties hereto will jointly and severally
reimburse and indemnify the Escrow Agent for, and hold it harmless against, any
loss, liability, damage or expense, including but not limited to counsel fees
and expenses arising out of or in connection with its acceptance of, or the
performance of its duties and obligations under, this Agreement, except for
losses, liabilities, damages and expenses caused by the willful misconduct or
gross negligence of the Escrow Agent. In no event will the Escrow Agent be
liable for any loss of asset value, consequential, indirect or special damages.

                  (iv)     The Escrow Agent may act in reliance upon any
signature believed by it to be genuine and may assume that any person who has
been designated by the parties hereto to give written instructions, notice of
receipt or make any statements in connection with the provisions hereof is
authorized to do so. The Escrow Agent shall have no duty to make inquiry as to
the genuineness, accuracy or validity of any statements or instruments or any
signatures on any statements or instructions. The parties hereto agree that, for
the purposes of this Agreement, the names and true signatures of each individual
authorized to act on behalf of each of them will be set forth on a separate
writing as drafted by the parties if either of them elects to have another
person or entity act on their behalf. Subject to the provisions of this
Agreement, in the event that the Escrow Agent is uncertain as to its duties or
the manner in which any of its duties shall be performed, the Escrow Agent shall
notify the parties hereto, and the Escrow Agent need not take any action or
perform any act until the uncertainty is resolved to the satisfaction of the
Escrow Agent.

                  (v)      The Escrow Agent shall not be liable for any error of
judgment, or for any act done or step taken or omitted by it, or for anything
which it may do or refrain from doing in connection herewith, except its own
willful misconduct or gross negligence.

                  (vi)     The Escrow Agent may seek the advice of such legal
counsel as it deems necessary in the event of any dispute or question as to the
construction of any of the provisions of this Agreement or its duties hereunder,
and it shall incur no liability and shall be fully protected in respect of any
action taken, omitted or suffered by it in accordance with the opinion of such
counsel.

                  (vii)    The Escrow Agent makes no representation as to the
validity, value, genuineness or collectibility of any security, document or
instrument held by or delivered to it.

                  (viii)   Company and SFSI expressly agree that the Escrow
Agent shall not be precluded from or restricted in any manner whatsoever from
representing CB and/or MB or otherwise acting as attorneys for CB and/or MB in
any matter, whether or not there is a dispute between Company, SFSI, CB and MB.

         (b)      If the Escrow Agent has any doubts as to whether or not it
should release the Pledged Shares, the Escrow Agent may, at the Escrow Agent's
option, deposit the Stock with the clerk of the United States District Court for
the Southern District of Indiana upon commencement of an action in the nature of
an interpleader and the Escrow Agent shall thereupon be released and discharged
from any and all further obligations arising in connection with this Agreement.

         (c)      The parties agree that in the event that the Escrow Agent
becomes unable to perform its duties under this Agreement, Company, with prior
written notice to CB, shall designate a new Escrow Agent (who must be an
attorney or law firm of comparable size and reputation with that of the Escrow
Agent) to perform the obligations under this Agreement.

7.       Termination; Distribution of Pledged Shares.

         (a)      The security interest and assignment created and granted
hereunder shall terminate concurrently with termination of the indemnities
obligations of CB and MB under the Merger Agreement (the "Termination Date").

                                       -3-

<PAGE>
\
         (b)      If no Dispute exists on the Termination Date, then the Pledged
Shares, stock powers and other instruments related thereto shall be returned to
CB and MB, the security interest in the Pledged Shares shall terminate and all
obligations of the Escrow Agent, CB and MB under this Agreement shall terminate.

         (c)      If a Dispute exists on the Termination Date, then all of the
Pledged Shares shall be held by the Escrow Agent hereunder until resolution of
the Dispute.

8.       Notices.

         All notices and other communications provided for herein shall be dated
and in writing and shall be deemed to have been duly given (x) on the date of
delivery, if delivered personally or by telecopier, receipt confirmed, (y) on
the second following business day, if delivered by a recognized overnight
courier service, or (z) seven days after mailing, if sent by registered or
certified mail, return receipt requested, postage prepaid, in each case, to the
party to whom it is directed at the following address (or at such other address
as any party hereto shall hereafter specify by notice in writing to the other
parties hereto):

                  (i)      If to CB and MB, to them at the following address:
                           Address: 5600 Nathan Way, Bloomington, Indiana 47408
                           Tel: 812-336-7443, ext. 201
                           Fax: 812-331-6887
                           Attention: Charles A. Beasley

                           with a copy to:

                           Barnes & Thornburg,
                           11 South Meridian Street,
                           Indianapolis, IN 46204-3535
                           Tel: (317) 236-1313
                           Facsimile: (317) 231-7433
                           Attn: John W. Boyd

                  (ii)     If to Company and SFSI:
                           Address: 661 Beville Road, Suite 113, Daytona Beach,
                           Florida 32119
                           Tel: 386-767-0407
                           Fax: 386-767-5055
                           Attention: William C. Keeler, Chief Executive Officer

                           with a copy to:

                           Proskauer Rose LLP
                           1585 Broadway,
                           New York, NY 10036
                           Tel: 212-969-3000
                           Fax: 212-969-2900
                           Attention: David W. Sloan

                  (iii)    If to the Escrow Agent

                           Barnes & Thornburg,
                           11 South Meridian Street,
                           Indianapolis, IN 46204-3535
                           Tel: (317) 236-1313

                                       -4-

<PAGE>

                           Facsimile: (317) 231-7433
                           Attn: John W. Boyd

9.       Miscellaneous.

         (a)      This Agreement shall be governed by and construed and enforced
in accordance with, the laws of the State of Indiana, without regard to
conflicts of law principles. Any disputes with respect to the interpretation of
this Agreement or the rights and obligations of the parties hereto shall be
exclusively brought in the U.S. District Court for the Southern District of
Indiana or, if such Court lacks subject matter jurisdiction, in the state courts
of Indiana, Indianapolis. Each of the parties waives any right to object to the
jurisdiction or venue of either of such Courts or to claim that such Courts are
an inconvenient forum.

         (b)      If any term or provision of this Agreement shall, for any
reason, be held to be illegal, invalid or unenforceable under the laws of any
governmental authority to which this Agreement is subject, the term or provision
shall be deemed severed from this Agreement, and the remaining terms and
provisions shall be enforceable, to the fullest extent, permitted by law.

         (c)      This Agreement shall inure to the benefit of and shall be
binding upon the respective successors, assigns and legal representatives of the
parties hereto.

         (d)      Captions used herein are inserted for reference purposes only
and shall not affect the interpretation or meaning of this Agreement.

         (e)      This Agreement may be executed in one or more counterparts,
each of which shall be deemed an original, but all of which together shall
constitute one and the same agreement.

         (f)      This Agreement may not be changed, modified or, except as
provided herein, terminated, in whole or in part, except by a written instrument
signed by the party against whom any such change, modification or termination is
sought to be enforced.

                     [remainder of page intentionally blank]

                                      -5-

<PAGE>

         IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first above written.

                  SYNDICATED FOOD SERVICE INTERNATIONAL, INC.
                  f/k/a FLORIDINO'S INTERNATIONAL HOLDINGS, INC.

                  By: /s/ William C. Keeler
                      ------------------------------
                      Name: William C. Keeler
                      Title: Chief Executive Officer

                  SYNDICATED FOOD SERVICE GROUP, INC.

                  By: /s/ William C. Keeler
                      ------------------------------
                      Name: William C. Keeler
                      Title: Chief Executive Officer

                  /s/ Charles A. Beasley
                  ----------------------------------
                  CHARLES A. BEASLEY

                  /s/ Marjorie A. Beasley
                  ----------------------------------
                  MARJORIE A. BEASLEY

                  BARNES & THORNBURG

                  By: /s/ John W. Boyd
                     --------------------------------
                     Name: JOHN W. BOYD
                     Title: PARTNER

                                       -6-

<PAGE>

                      ASSIGNMENT SEPARATE FROM CERTIFICATE

         FOR GOOD AND VALUABLE CONSIDERATION, Charles A. Beasley and Marjorie A.
Beasley, joint owners (together, the "Assignor") hereby unconditionally and
forever assign, transfer and set over unto ____________________________________,
_______________________ (_________) shares of the common capital stock of
SYNDICATED FOOD SERVICE INTERNATIONAL, INC., a Florida corporation, standing in
the name of Assignor on the books of such corporation and represented by
Certificate No.________________________, and hereby irrevocably constitutes and
appoints the Secretary of the Corporation as the attorney to transfer such stock
on the books of such corporation with full power of substitution in the
premises.

         Executed this____________day of December, 2001.

                                     /s/ Charles A. Beasley
                                     ----------------------------
Stu Scudder                          Charles A. Beasley
                                     S.S. Number:

                                     /s/ Marjorie A. Beasley
                                     ----------------------------
                                     Marjorie A. Beasley
                                     S.S. Number:

In presence of and signatures guaranteed by:

[INSERT NATIONAL BANK SIGNATURE/GUARANTEE BLOCK]

<PAGE>

COMMON STOCK                        SFS                           COMMON STOCK
   NUMBER                                                            SHARES
  SF 2027                                                        *** 458716 ***

                  SYNDICATED FOOD, SERVICE INTERNATIONAL, INC.
               Incorporated under the Laws of the State of Florida

                                                               CUSIP 871580 10 6
THIS CERTIFIES THAT    CHARLES BEASLEY &
                       MARJORIE BEASLEY JT TEN

Is the owner of
               **** FOUR HUNDRED FIFTY EIGHT THOUSAND SEVEN HUNDRED SIXTEEN ****

       FULLY PAID AND NON-ASSESSABLE SHARES OF THE COMMON STOCK OF THE PAR
                           VALUE OF $.001 PER SHARE OF

                   SYNDICATED FOOD SERVICE INTERNATIONAL, INC.

(hereinafter called the "Corporation") transferable on the books of the
Corporation in person or by duly authorized attorney upon surrender of this
Certificate properly endorsed. This Certificate and the shares represented
hereby are issued and shall be held subject to all the provisions of the
Certificate of Incorporation and By-Laws of the Corporation and the amendments
from time to time made thereto, copies' of which are or will be on file at the
principal office of the Corporation, to all of which the holder by acceptance
hereof assents. This Certificate Is not valid unless countersigned by the
Transfer Agent and Registrar.

         WITNESS the facsimile seal of the Corporation and the facsimile
signatures of its duly authorized officers.

Date: 12/28/2001

/s/                              [SEAL]              /s/ William C. Keeler
---------------                                      ------------------------
SECRETARY                                            CHIEF EXECUTIVE OFFICER

Countersigned and Registered:

                  MANHATTAN TRANSFER REGISTRAR CO.
                          (HOLBROOK, N.Y.)

By /s/ Frank Dolney

                                                                  Transfer Agent
                                                                   and Registrar

                                                            Authorized Signature

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