Document:

SECURITY
      AGREEMENT

    

    FLOATING
      CHARGE TO SECURE ALL DEBTS OF THE COMPANY

    WITHOUT
      LIMITATION IN AMOUNT

    

    DEBENTURE

    

    That
      was
      issued and signed in_________on the date November ___, 2006.

    By:

    

    Company
      Name: Inrob Ltd Co. No___________________________

    Address_______________________________________________-
      ZiPcode ______(hereinaner:"
      the Company")

    In
      favor
      of: the
      Subscribers detailed in Annex A to this Agreement
      (hereinafter:"Subscribers")

    

    In
      accordance with the organizational documents of the Company, its Articles and
      all the other provisions that give the Company authority and power in this
      matter.

    

    This
      debenture gives witness to the following matters:

     

    
      	1.	
              Nature
                of the debenture, its scope and the secured
                debts.

            

    

    	 	 

    
      	
            	A.	
              This
                debenture is given to secure the full and exact payment of each and
                every
                one of the debts and obligations (hereinafter: "Debts")
                of the Company towards the Subscribers under the Subscription Agreement
                executed between Company and Subscribers dated November ____, 2006,
                without exception, including and without derogating from the generality
                of
                the aforesaid, and including all of the following (but without being
                exclusionary), an existing or future debt, renewable or conditional,
                in a
                fixed sum or not in a fixed sum, whether it is direct or indirect,
                whether
                the debt is denominated and/or calculated in Israeli currency and
                whether
                the debt is denominated and/or calculated in any other currency and
                without derogating from the generality of the aforesaid, there will
                be
                included in every such debt as well debts in connection with any
                principal, interest, differentials for linkage to any index whatsoever,
                any rate/currency differentials whatsoever, commissions, fees, taxes,
                surcharges, required payments of any type, expenses for attorneys'
                fees
                and damages, as well as all debts that are owed or that are liable
                to be
                owed by the Company due to and/or in connection with any obligations,
                guarantees and debts of various types of the Company towards the
                Subscribers and/or in favor of the Subscribers (the aforesaid debts,
                in
                whole or in part, and any part of them, will be called hereinafter:
                the
                "Secured
                Debts").

            

    

    

    
      	 	
              B.

            	
              1)
                This debenture is continuous, constant and may not be diminished
                and/or
                changed or cancelled or removed except according to express approval
                that
                must be given in advance and in writing by the Subscribers - for
                the
                removal of doubt it is hereby clarified: any extension, payment,
                discount,
                compromise arrangement, waiver/forgiveness on the part of the Subscribers
                in any connection whatsoever with the secured debts and/or in connection
                with the business of the Subscribers with the Company, shall not
                in and of
                itself serve to diminish and/or change this debenture and/or cancel
                it in
                whole or in part.

            

    

    
      	 	 	 

      	 	
               

            	
              2)
                The meeting by the Company of its current and/or other obligations
                under
                the Subscription Agreement and/or the Secured Convertible Notes shall
                result in the termination of this debenture in
                whole.

            

    

     

    3)
       This
      debenture is intended to add to and not to detract from any additional and/or
      other security held by the Subscribers, whether it exists today or whether
      it
      will be given in the future and in any case all the securities as well as this
      debenture itself - shall be independent of each other and will be realizable
      by
      the Subscribers, whether in an alternative or in a cumulative manner, all
      according to the determination of the Subscribers.

    

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    

    
      	 	
              C.
                

            	
              This
                debenture, the secured debts as well as the amounts that the Company
                will
                be obligated to pay to the Subscribers in accordance therewith, are
                and
                will be unlimited in amount.

            

    

    

    
      	2.	
              The
                Charged Property

            

    

     

    
      	 	
              A.
                

            	
              As
                security for the full and exact discharge of the secured debts, the
                Company hereby charges in favor of the Subscribers and their
                successors:

            

    

     

    1)
      By
      first degree floating charge, all of the property, assets (movable, real and
      other), money, securities, bills, notes, documents, rights and all other
      property, of any type and kind whatsoever without exception, of the Company,
      all
      of their profits and additions it will have at any time whatsoever in the future
      throughout the whole period of the validity of this debenture.

     

    2)
      By
      fixed charge and by first degree pledge its share capital that has net yet
      been
      demanded and/or paid-up and its rights to good-will as all these exist on the
      date of signing this debenture and as may exist at any time.

     

    3)
      By
      fixed charge and by first degree pledge as well as by assignment by way of
      charge, all of its rights to receive money and/or other rights that arise from
      insurance, including all its rights according to the Property Tax and
      Compensation Fund Law, 5721-1961, and/or according to any other law, as will
      be
      in effect from time to time. (The charged assets and any part of them will
      be
      called in this debenture: the “Charged
      Property").

    

    
      	 	
              B.

            	
              For
                the removal of doubt, it is hereby clarified that the charge and
                the
                pledge that are created according to this debenture will apply, inter
                alia, also to every right to compensation and/or indemnification
                and/or to
                participation in a risk that the Company will have due to any loss,
                deficiency, damage, expropriation, seizure, confiscation, conscription
                or
                destruction of the charged property and/or due to any other
                reason.

            

    

    

    
      	 	
              C.

            	
              The
                Subscribers will be entitled to deposit the charged property that
                will be
                delivered to it or any part of it with a Collateral Agent on its
                behalf,
                in its discretion, and to replace the Collateral Agent from time
                to
                time.

            

    

    

    
      	 	
              D.
                

            	
              Without
                derogating from the duty of the Company to register the debenture
                within
                the prescribed period, as well as any charge involved in and/or arising
                therefrom, in whole or in part, with any competent authority according
                to
                any law and with every registry required for the matter - the
                Subscribers will
                be entitled to perform by themselves all of the activities listed
                above or
                some of them and the Company undertakes to fully cooperate with the
                Subscribers in
                this regard and without derogating from the generality of the aforesaid
                -
                to sign every document necessary for such purpose and to appear before
                every person and/or body and/or competent
                authority.

            

    

    

    
      	3.	
              Non-redemption
                of the charged property

            

    

     

    The
      Company and any person whose rights are liable to be harmed from the giving
      of
      this debenture or from its realization, will not have the right, according
      to
      paragraph 13(B) of the Pledges Law, 5727-1967, or according to any other
      provision that may replace such paragraph to redeem the charged property in
      whole or in part by the fulfillment of the secured debts and/or any part of
      them
      before the date for their fulfillment has arrived, unless the
      Subscribers will
      consent in advance and in writing to prepayment for the redemption and/or return
      of the charged property, all subject to and according to that consent including
      all of its conditions

     

    
      	4.	
              Declarations
                of the Company regarding the charged
                property

            

    

     

    The
      Company hereby declares that:

     

    
      	
            	A.	
              The
                charged property in whole is under the exclusive ownership and possession
                of the Company and/or under its
                control.

            

    

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    
      	
            	B.	
              Its
                rights in connection with the charged property are free and clean
                of any
                third party rights and that on the charged property and on its rights
                therein and thereto there does not exist any attachment, charge,
                pledge,
                mortgage and other third party rights of any type and kind whatsoever
                (excluding the charge specified in the notice of the Company attached
                to
                this debenture as an inseparable part hereof, inasmuch as such a
                signed
                notice is attached to his
                debenture).

            

    

    

    
      	
            	C.	
              It
                is entitled to charge the property that is charged according to this
                debenture according to its conditions, and there is no restriction,
                condition or impediment by law and/or by agreement and/or in any
                other way
                to the charging of the charged property, to the undertaking according
                to
                this debenture, not even in connection with the rights to transfer
                the
                ownership of the charged property, and also no right in the charged
                property and/or in connection with it was given or assigned, and
                no other
                activity was done that is liable to derogate from the value of the
                charged
                property and/or from the value of any charge according to this
                debenture.

            

    

    

    
      	
            	D.	
              It
                is liable towards the Subscribers for
                any defect and/or discrepancy in connection with its rights in the
                charged
                property as well as to the truth, validity and correctness of all
                the
                signatures, endorsements and the particulars of all the bills, documents
                and securities that were and/or that will be delivered to the
                Subscribers as
                security.

            

    

     

    
      
        	5.	
                Obligations
                  of the Company regarding the charged
                  property

              

      

       

    

    The
      Company hereby adds and undertakes as follows:

     

    
      	
            	A.	
              To
                make use of and also to act in connection with every matter and thing
                connected with or arising from the charged property, subject to this
                debenture.

            

    

    

    
      	
            	B.	
              To
                protect the charged property and also to hold it and maintain it
                in good
                condition and suitable for use, to use carefully, to notify the
                Subscribers of
                any occurrence of damage, harm, breakage or defect that will occur
                to it
                and to immediately and property repair any damage, harm, breakage
                or
                defect that will so occur to it for any reason whatsoever and to
                be
                responsible towards the Subscribers for
                any such occurrence of damage, harm, breakage or defect. All the
                aforesaid
                will be performed by the Company and on its
                account.

            

    

    

    
      	
            	C.	
              To
                enable, at any time, the Subscribers and/or
                their collateral agent and/or anyone that will be appointed by them,
                to
                visit and examine the charged property in the place it is located
                and also
                to receive details in connection with
                it.

            

    

    

    
      	
            	D.	
              To
                deliver to the Subscribers or
                to a collateral agent that will be appointed on their behalf, upon
                the
                first demand of the Subscribers and under the conditions detailed
                in the
                Subscription Agreement and the Secured Convertible Note, the charged
                property in whole or in part. It is hereby agreed that if the Company
                will
                not fulfill the provisions of this demand, the Subscribers will
                be entitled from time to time, without the need for the additional
                consent
                of the Company, to remove the charged property in whole or in part,
                from
                its possession, and to hold it in any place that it will deem fit,
                and
                also to deliver it to a Collateral Agent that will be so appointed
                on its
                behalf, and to replace the Collateral Agent from time to
                time.

            

    

    

    
      	
            	E.	
              To
                pay on time and in accordance with every law all of the taxes, fees,
                surcharges and obligatory payments of any type and kind that are
                imposed
                and also that will be imposed upon and/or in connection with the
                charged
                property and/or on any of the income that arises from it, and also
                to pay
                on time all of the payments that apply to the Company according to
                this
                debenture and without derogating from the generality of the aforesaid
                -
                payments according to paragraph 6 below, and to provide to the
                Subscribers, upon its first demand, all of the receipts that provide
                evidence of the making of such payments. It is hereby clarified and
                agreed
                that if the Company will not make such payments, on time, the
                Subscribers will
                be authorized (but not obligated) to pay them on the account of the
                Company and to debit it for the aforesaid
                payments.

            

    

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    
      	
            	F.	
              Not
                to empty the Company of its property, not to smuggle, not to conceal,
                and
                not to hide the charged property subject to the case of a transaction
                in
                the ordinary course of business of the Company and for value: not
                to sell,
                not to lease, not to rent, not to deliver, not to remove from its
                possession, not to renounce, not to waive, not to transfer in any
                other
                manner whatsoever the charged property, and without derogating from
                that
                stated, any asset,
                claim or right of the Company, in whole or in part, that belongs
                to it now
                or that will belong to it in the future, in whole or in part, to
                another
                or to others, not to transfer them from place to place and not to
                allow
                another or others to do any of the aforesaid actions without the
                prior
                written consent of the Subscribers, all subject to the case of a
                transaction in the ordinary course of business of the Company for
                value.

            

    

    

    
      	
            	G.	
              Not
                to create any other charge or pledge of any type or kind whatsoever
                and of
                any degree whatsoever over the charged property, with rights that
                will be
                prior or equal or subsequent to the rights given to the
                Subscribers by
                this debenture and not to assign any right whatsoever that the Company
                has
                in the charged property, without the express consent of the
                Subscribers that
                must be given in writing and in
                advance.

            

    

    

    
      	
            	H.	
              Not
                to take any proceedings whatsoever on account of the charged property
                and/or on account of the secured debts that are liable to cause any
                harm
                to and/or diminishment of the ability of the Subscribers to
                realize this debenture.

            

    

    

    
      	
            	I.	
              To
                notify the Subscribers within
                10 business days:

            

    

     

    
      	
            	1) 
              	
              Of
                any incident of loss, deficiency, damage, expropriation, attachment,
                seizure, confiscation, conscription
                of the charged property, the taking of any execution action and/or
                other
                realization steps, the submission of a petition for the liquidation
                of the
                Company and/or for receivership and/or for the appointment of a receiver
                and/or for the appointment of a receiver and manager and/or of the
                taking
                of an action for the appointment
                of a special director and also regarding all proceedings and/or petitions,
                orders and appointments, temporary or permanent, regarding all of
                these
                and of the said type. The Company also undertakes to notify regarding
                the
                charge that is in favor of the Subscribers to
                any body and/or person that took actions as aforesaid or some of
                them and
                also to any third party and to any authority that may be connected
                to the
                maker, that initiated and/or requested the taking of such actions
                or some
                of them and also to immediately take the measures necessary, on the
                account of the Company, for the purpose of the immediate cancellation
                of
                each one of the activities listed
                above.

            

    

     

    
      	
            	2)	
              Of
                any incident of the claim of any right whatsoever with respect to
                the
                charged property or with respect to any of the securities that were
                delivered to the Subscribers by
                the Company and/or in connection with them in a manner that may harm
                and/or diminish them and/or their value and/or the ability of the
                Subscribers to
                be paid from them. 

            

    

    	 	 

    
      	
            	3)	
              Of
                any significant decrease in value of the charged property, in whole
                or in
                part and/or of any security whatsoever
                that was given to the
                Subscribers.

            

    

    

    
      	6.	
              Insurance

            

    

     

    
      	
            	A.	
              The
                Company hereby undertakes:

            

    

     

    
      	
            	1)	
              To
                hold the charged property insured at all times at its full value
                against
                all risks of loss or damage that may occur to it including insurance
                for
                the event of fire, flood, earthquake and against all other risks,
                with an
                insurance company or companies (hereinafter: 'the insurance company")
                and
                also insured according to the Property Tax and Compensation Fund
                Law,
                5721-1961, as it will be in effect from time to time or according
                to any
                other law that will replace it (hereinafter: 'the aforesaid law")
                for any
                occurrence that will be possible to insure and/or to which there
                applies a
                duty to insure according thereto in the manner and on the conditions
                to
                which the Subscribers will
                agree, and to transfer to the Subscribers all
                the rights that arise from all such insurance in the form that the
                Subscribers will
                approve, with the right of the Subscribers to
                transfer these rights to whomever the Subscribers will
                transfer its rights under this
                debenture.

            

    

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    
      	
            	2)	
              To
                pay the insurance premiums to the insurance company and also to pay
                the
                insurance premiums according to the aforesaid law (hereinafter jointly
                and
                severally: 'the insurance premiums") on time and also to pay all
                the
                property tax payments that are owed and/or that will be owed by it,
                if
                indeed the duty to pay them will apply to
                it.

            

    

    

    
      	
            	3)	
              Not
                to cancel and not to change in any form whatsoever any condition
                or
                conditions of the aforesaid insurance, without the prior written
                consent
                of the Subscribers.

            

    

     

    
      	
            	4)	
              To
                fulfill and maintain every condition of the insurance policy and
                without
                derogating from the generality of the aforesaid, to give immediate
                notice
                to the insurance company when the Company becomes aware of the occurrence
                of an event that is liable to be a cause for a claim according to
                the
                insurance policy.

            

    

    
      	 	 	 

      	
            	5)	
              A)
                To notify the Subscribers of
                any event that can serve as a cause for the demand of money from
                the
                insurance company and/or according to the aforesaid
                law.

            

      	 	 	 

      	 	 	
              B)
                Without derogating from that stated in subparagraph (A) above, to
                transfer
                to the Subscribers, even without its demand, all amounts that will
                be paid
                to it directly by the insurance company and/or according to the aforesaid
                law - if they will be paid, so that they will serve as payment on
                account
                of the secured debts.

            

    

     

    
      	
            	6)	
              To
                pledge in favor of the Subscribers all its rights to receive monies
                and/or
                other rights arising out of  the
                Insurance.

            

    

     

    
      	
            	B.	
              It
                is possible for the insurance company to be replaced by the Company
                but
                this is only subject to and in accordance with what is stated in
                paragraph
                6 above and below, and in a manner that will ensure the rights of
                the
                Subscribers.

            

    

     

    
      	
            	C.	
              It
                is hereby clarified that the mere performance and existence of the
                insurance and its conditions will not release the Company from liability
                for the wholeness and good condition of the charged property and
                to all of
                its other obligations according to this debenture and to all of its
                undertakings for the payment of the secured
                debts.

            

    

    

    
      	7.	
              General
                obligations of the Company

            

    

     

    The
      Company hereby adds and undertakes as follows:

     

    
      	
            	A.	
              Giving
                of notices - The Company will notify the Subscribers within 3 business
                days of the occurrence of any:

            

    

     

    
      	
            	1)	
              Change
                of address of the Company.

            

    

     

    
      	
            	2)	
              An
                event that constitutes a cause for accelerated payment whether according
                to this debenture or according to any obligation of the Company and/or
                agreement and/or document by which the Company is obligated towards
                the
                Subscribers.

            

    

     

    
      	
            	3)	
              An
                event that requires notice according to this debenture in general
                and
                paragraphs 5(1) and 6 above in
                particular.

            

    

     

    
      	
            	B	
              Signature
                on documents - The Company
                undertakes:

            

    

     

    To
      sign
      upon the first demand of the Subscribers every document and every form required
      in the discretion of the Subscribers in this manner, for the purpose of
      performing its obligations included in this debenture including and without
      derogating from generality of the aforesaid, for the purpose of collecting
      money, for the purpose of any insurance payments whatsoever according to
      paragraph 6 above, and/or in any case that according to the laws of the State
      of
      Israel, there is or will be a need in the exclusive discretion of the
      Subscribers for the signature of the Company on any document or form whatsoever
      in order to give or maintain complete validly to this debenture, with all of
      its
      provisions, and also with regard to every matter and thing required for its
      realization.

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    
      	
            	C.	
              The
                Company undertakes not to pass a resolution for liquidation of the
                Company without
                receipt of the prior and written approval of the Subscribers.
                

            

    

    

    
      	8.	
              Acceleration
                for immediate payment and realization of the
                debenture

            

    

     

    Without
      derogating from the rights of the Subscribers according to the conditions of
      this debenture and/or according the Subscription Agreement and/or the Secured
      Convertible Note, the Company is and/or will be obligated towards the
      Subscribers and/or according to any law and in addition thereto, the Subscribers
      will be entitled in each one of the following instances to demand of the Company
      the immediate payment of the secured debts in whole or in part (whether their
      maturity date has arrived or not) -upon such first demand, the secured debts
      will become immediately due, and these are the instances: 

     

    
      	
            	A.	
              If
                an event or condition will occur that is a cause for immediate payment
                according to the conditions of the Subscription Agreement and/or
                Secured
                Convertible Note by which the Company is obligated and/or will be
                obligated towards the Subscribers.

            

    

    

    
      	
            	B.	
              If
                a petition for a compromise or for an arrangement or for the giving
                of an
                order for a stay of proceedings against the Company according to
                the
                Companies Ordinance (New Version), 5743-1983, or according to any
                additional or other law that will replace it will be
                submitted.

            

    

    

    
      	
            	C.	
              If
                the charged property or any material part of it will be seized,
                confiscated, expropriated, conscripted, destroyed, burned, loses
                its value
                or become lost, without appropriate insurance/ compensation being
                awarded.

            

    

    

    
      	9.	
              Collection
                of the secured debts

            

    

     

    
      	
            	A.	
              Without
                derogating from the rights of the Subscribers according to the conditions
                of this debenture and/or according to the Subscription Agreement
                and/or
                document and/or undertaking by which the Company is and/or will be
                obligated towards the Subscribers and/or according to any law, it
                is
                expressly declared and clarified that in every one of the instances
                set
                forth in paragraph 8 above the Subscribers will be entitled to notify
                the
                Company of the immediate (or on a date set by the Subscribers)
                crystallization of the floating charge or part of it, to use all
                of the
                means that it will deem fit in order to collect the secured debts
                whether
                their maturity date or of any part of them has arrived or not, and
                also to
                use its rights according to this debenture, in whole or in part,
                including
                and without derogating from the generality of the aforesaid, to realize
                the charged property in whole or in part and to make use of its proceeds
                for payment of the secured debts in whole or in part without the
                Subscribers being required to first realize any other security in
                as much
                as such will be held by the
                Subscribers.

            

    

    

    
      	
            	B.	
              1) In
                any event in which the Subscribers will be required to give notice
                as a
                condition for any realization whatsoever of this debenture or any
                part of
                it, notice of 7 (seven) business days in advance regarding the steps
                that
                the Subscribers is about to take will be considered as given at a
                reasonable time.

            

    

     

    2) For
      the
      avoidance of doubt it is hereby expressly clarified that nothing with respect
      to
      the said 7 (seven) business day period shall derogate from the right of the
      Subscribers to take immediate action in any event in which any delay whatsoever
      is liable to cause a worsening of its condition and/or the condition of the
      securities standing to its benefit and/or the possibilities of their
      realization.

    

    
      	
            	C.	
              The
                Subscribers will be entitled to realize the charged property (or
                any other
                property), in whole or in part, by the court and/or by the execution
                office and/or by itself and/or in any other way, inter alia, by way
                of
                appointing a receiver and/or appointing a receiver and manager of
                behalf
                of the Subscribers and whose authority will be, inter alia, as set
                forth
                below (this without the Subscribers being required beforehand to
                take any
                other legal measures whatsoever in order to execute and perform any
                of its
                rights against the Company and/or against others or to realize other
                securities that exist or that will exist with the
                Subscribers):

            

    

     

    
      	
            	1)	
              To
                receive into its possession the charged property in whole or in
                part

            

    

     

    
      	
            	2)	
              To
                manage the business of the Company or to participate in its management
                as
                it deems appropriate.

            

    

     

    
      	
            	3)	
              To
                sell or agree to sell the charged property in whole or in part, or
                to
                transfer it or agree to transfer it in any other manner, all on the
                conditions and in the manner that it will deem
                fit.

            

    

     

    
      	
            	4)	
              To
                make any other arrangement regarding the charged property in whole
                or in
                part, as it will deem fit.

            

    

     

    
      	
            	D.	
              For
                the purpose of collecting the secured debts whose amounts are set
                in
                Israeli currency and/or in foreign currency, as the case may be,
                the
                Subscribers and/or the resolvers and/or the receivers and managers
                and/or
                the liquidators and/or the trustees of the Company - as the case
                may be -
                will be entitled to convert amounts denominated in the type of currency
                in
                its possession into the type of currency necessary in their opinion
                for
                the complete or partial discharge of the secured
                debts.

            

    

    

    
      	
            	E.	
              In
                the event that at the time of selling the charged property the maturity
                date of the secured debts or any part of them has not yet arrived
                or the
                secured debts or part of them will be owed to the Subscribers
                conditionally only, the Subscribers will be entitled to deduct from
                the
                proceeds of such sale the amount sufficient to cover all of the amounts
                of
                the secured debts and the amount that will be collected will be pledged
                and charged to the Subscribers to secure them and will remain in
                the
                possession of the Subscribers until their complete
                discharge.

            

    

    

    
      	10.	
              Crediting
                of amounts

            

    

     

    All
      the
      amounts that will be received by the Subscribers from the Company and/or that
      will be received by the Subscribers on behalf of the Company and/or that will
      be
      collected by the Subscribers, whether by itself or by a receiver or by a
      receiver and manager or otherwise, whether they will be received in the manner
      of the realization of a security or collateral or whether they will be received
      in any other manner or form (whether before the maturity date of the secured
      debts, in whole or in part, whether on the maturity date, or whether
      afterwards), including and without derogating from the generality of that
      stated, amounts that will be received from income from the charged property,
      the
      proceeds of its sale, amounts that will be paid to the Subscribers will be
      posted by the Bank to the credit of the account and on the date that the
      Subscribers will deem fit according to its exclusive determination of account
      of
      the secured debts according to the following order, or according to any other
      order that the Subscribers will choose (this is even it another notice was
      given
      by the Company or by any third party whatsoever):

    

    
      	
            	A.	
              To
                discharge all the expenses that were and/or will be caused in connection
                with the collection of the secured debts including expenses connected
                with
                the appointment and fees of a receiver and/or receiver and manager
                at the
                rate that will be set by the Subscribers or that will be approved
                by the
                court or the execution office.

            

    

    

    
      	
            	B.	
              To
                discharge all the secured debts that will be owed to the Subscribers
                due
                to a condition of linkage, interest, damages, commission and expenses
                that
                are and/or will be owed to the Subscribers according to this
                debenture.

            

    

    

    
      	
            	C.	
              To
                discharge all the amounts that are owed to the Subscribers as principal
                of
                account of the secured debts including additional amounts arising
                from the
                linkage of the principal.

            

    

     

    
      	11.	
              Delay
                in exercise of the rights of the
                Bank

            

    

     

    
      	
            	A.	
              No
                waiver on the part of the Subscribers, compromise or arrangement
                whatsoever with the Subscribers will be binding upon the Subscribers
                unless it was done expressly and in
                writing.

            

    

    

    
      	
            	B.	
              The
                Company agrees that in every instance when the Subscribers will not
                exercise its tights or will delay in the exercise of its rights,
                whether
                they arise from this debenture or are connected to it, whether they
                arise
                from any law or otherwise and/or if it will give an extension or
                concession or waiver, this fact will not be considered as a waiver
                of
                these rights or as any admission whatsoever of the part of the Subscribers
                or to any precedent whatsoever, both with regard to the incident
                in
                connection with which the Subscribers had the opportunity to exercise
                that
                right and with regard to any other incident, and the Subscribers
                is
                entitled to exercise the rights that arise from this debenture and/or
                that
                are connected with it and/or that arise from the law at any time
                that it
                will deem fit.

            

    

    

    
      	12.	
              Address
                of the Company and the sending of
                notices

            

    

     

    
      	
            	A.	
              The
                address of the Company will be considered for the purpose of this
                debenture the address that is indicated at the beginning of this
                debenture
                or any other address in Israel regarding which the Company will notify
                the
                Subscribers by registered mail and whose receipt the Subscribers
                will
                confirm in writing.

            

    

    

    
      	
            	B.	
              The
                Subscribers will be entitled to send and/or deliver to the Company
                a
                notice, letter or other document of any kind whatsoever whether by
                regular
                mail, by registered mail, by mechanized means, by means of telephone,
                by
                means of facsimile, by means of computer, or by any other reasonable
                means
                at the choice of the Bank

            

    

    

    
      	13.	
              Jurisdiction

            

    

     

    
      	
            	A.	
              This
                debenture will be interpreted by and in accordance with the laws
                of the
                State of Israel.

            

    

    

    
      	
            	B.	
              The
                exclusive place of territorial jurisdiction is hereby agreed upon
                between
                the parties to be filed solely in the courts of Tel Aviv- Jaffa,
                Israel.

            

    

    

    
      	14.	
              General
                provisions and
                Interpretation

            

    

     

    In
      this
      debenture:

     

    
      	
            	A.	
              The
                preamble to this debenture constitutes an inseparable part
                hereof.

            

    

    

    
      	
            	B.	
              The
                paragraph headings in this debenture are intended for convenience
                and
                reference only and not for the purpose of
                interpretation.

            

    

     

    

    IN
      WITNESS WHEREOF WE HAVE SIGNED HERETO

     

     

    
      
        

      

    

     

    
      
         

      

      
        6STOCK
      PLEDGE AGREEMENT

     

    1. Identification.

    

    This
      Stock Pledge Agreement (the "Agreement"), dated as of November 15, 2006, is
      entered into by and between Inrob Tech Ltd., a Nevada corporation (“Debtor”),
      and Barbara R. Mittman, as collateral agent acting in the manner and to the
      extent described in the Collateral Agent Agreement defined below (the
      "Collateral Agent"), for the benefit of the parties identified on Schedule
      A
      hereto (collectively, the "Lenders").

    

    2. Recitals.

    

    2.1 The
      Lenders have made, are making and will be making loans to Debtor (the "Loans").
      It is beneficial to Debtor that the Loans were made, are being made and will
      be
      made.

    

    2.2 The
      Loans
      are evidenced by one or more convertible promissory notes (each a “Convertible
      Note”) issued by Debtor on or about the date of this Agreement, and after the
      date of this Agreement pursuant to one or more subscription agreements (each
      a
“Subscription Agreement”) to which Debtor and Lenders are parties. The Notes are
      further identified on Schedule A hereto and were and will be executed by Debtor
      as “Borrower” or “Debtor” for the benefit of each Lender as the “Holder” or
“Lender” thereof.

    

    2.3 In
      consideration of the Loans made by Lenders to Debtor and for other good and
      valuable consideration, and as security for the performance by Debtor of its
      obligations under the Notes and as security for the repayment of the Loans
      and
      all other sums due from Debtor to Lenders arising under the Notes presently
      outstanding or to be outstanding in the future, Subscription Agreements, and
      any
      of the other Transaction Documents (as defined in the Subscription Agreement)
      (collectively, the "Obligations"), Debtor, for good and valuable consideration,
      receipt of which is acknowledged, has agreed to grant to the Collateral Agent,
      for the benefit of the Lenders, a security interest in the Collateral (as such
      term is hereinafter defined), on the terms and conditions hereinafter set forth.
      Obligations include all future advances by Lenders to Debtor advanced on a
      pro
      rata basis by all Lenders on substantially the same terms. The amount of
      Obligations may be increased in connection with the Additional Offering
      described in the Subscription Agreement.

    

    2.4 The
      Lenders have appointed the Collateral Agent pursuant to that certain Collateral
      Agent Agreement dated at or about November 15, 2006 (“Collateral Agent
      Agreement”), among the Lenders and Collateral Agent.

    

    2.5 The
      following defined terms which are defined in the Uniform Commercial Code in
      effect in the State of New York on the date hereof are used herein as so
      defined: Accounts, Chattel Paper, Documents, Equipment, General Intangibles,
      Instruments, Inventory and Proceeds.

    

    3. Grant
      of General Security Interest in Collateral.

    

    3.1  As
      security for the Obligations of Debtor, Debtor hereby grants the Collateral
      Agent, for the benefit of the Lenders, a security interest in the
      Collateral.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    3.2  “Collateral”
      shall mean:

    

    (A) the
      shares of stock, partnership interests, member interests or other equity
      interests at any time and from time to time acquired by Debtor of any and all
      entities now or hereafter existing, all or a portion of such stock or other
      equity interests which are acquired by such entities at any time (such entities,
      together with the existing issuers, being hereinafter referred to collectively
      as the "Pledged Issuers" and individually as a "Pledged Issuer"), the
      certificates representing such shares, partnership interests, member interests
      or other interests all options and other rights, contractual or otherwise,
      in
      respect thereof and all dividends, distributions, cash, instruments, investment
      property and other property from time to time received, receivable or otherwise
      distributed in respect of or in exchange for any or all of such shares,
      partnership interests, member interests or other interests;

     

    (B) all
      additional shares of stock, partnership interests, member interests or other
      equity interests from time to time acquired by Debtor, of any Pledged Issuer,
      the certificates representing such additional shares, all options and other
      rights, contractual or otherwise, in respect thereof and all dividends,
      distributions, cash, instruments, investment property and other property from
      time to time received, receivable or otherwise distributed in respect of or
      in
      exchange for any or all of such additional shares, interests or equity; and
      

    

    (C) all
      security entitlements of Debtor in, and all Proceeds of any and all of the
      foregoing in each case, whether now owned or hereafter acquired by Debtor and
      howsoever its interest therein may arise or appear (whether by ownership,
      security interest, lien, claim or otherwise).

    

    3.3 The
      Collateral Agent is hereby specifically authorized, after the Maturity Date
      (defined in the Notes) accelerated or otherwise, or after an Event of Default
      (as defined herein) and the expiration of any applicable cure period, to
      transfer any Collateral into the name of the Collateral Agent and to take any
      and all action deemed advisable to the Collateral Agent to remove any transfer
      restrictions affecting the Collateral.

    

    3.4 Contemporaneously
      or prior to the execution of this Agreement, Debtor shall deliver or cause
      to be
      delivered to the Collateral Agent (a) any and all certificates and other
      instruments representing or evidencing the Collateral, together with all
      Necessary Endorsements. The Debtor is contemporaneously with the execution
      hereof, delivering to Collateral Agent, or has previously delivered to
      Collateral Agent, a true and correct copy of each Organizational Documents
      governing any of the Collateral and Subsidiaries. “Necessary Endorsement” means
      undated stock powers endorsed in blank or other proper instruments of assignment
      duly executed and such other instruments or documents as the Collateral Agent
      may reasonably request. “Organizational Documents” means with respect to any
      Debtor and Subsidiary, the documents by which such Debtor or Subsidiary was
      organized (such as a certificate of incorporation, certificate of limited
      partnership or articles of organization, and including, without limitation,
      any
      certificates of designation for preferred stock or other forms of preferred
      equity) and which relate to the internal governance of such Debtor or Subsidiary
      (such as bylaws, a partnership agreement or an operating, limited liability
      or
      members agreement).

    

    4. Perfection
      of Security Interest.

    

    4.1 Debtor
      shall prepare, execute and deliver to the Collateral Agent UCC-1 Financing
      Statements covering the Collateral. The Collateral Agent is instructed to
      prepare and file at Debtor’s cost and expense, financing statements in such
      jurisdictions deemed advisable to the Collateral Agent, including but not
      limited to the State of Nevada. The Financing Statements are deemed to have
      been
      filed for the benefit of the Collateral Agent and Lenders identified on Schedule
      A hereto.

     

    4.2 
      All
      other certificates and instruments constituting Collateral from time to time
      required to be pledged to Collateral Agent pursuant to the terms hereof (the
      "Additional Collateral") shall be delivered to Collateral Agent promptly upon
      receipt thereof by or on behalf of Debtor. All such certificates and instruments
      shall be held by or on behalf of Collateral Agent pursuant hereto and shall
      be
      delivered in suitable form for transfer by delivery, or shall be accompanied
      by
      duly executed instruments of transfer or assignment or undated stock powers
      executed in blank, all in form and substance satisfactory to Collateral Agent.
      If any Collateral consists of uncertificated securities, unless the immediately
      following sentence is applicable thereto, Debtor shall cause Collateral Agent
      (or its custodian, nominee or other designee) to become the registered holder
      thereof, or cause each issuer of such securities to agree that it will comply
      with instructions originated by Collateral Agent with respect to such securities
      without further consent by Debtor. If any Collateral consists of security
      entitlements, Debtor shall transfer such security entitlements to Collateral
      Agent (or its custodian, nominee or other designee) or cause the applicable
      securities intermediary to agree that it will comply with entitlement orders
      by
      Collateral Agent without further consent by Debtor. 

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    4.3 Within
      five (5) days after the receipt by Debtor of any Additional Collateral, a Pledge
      Amendment, duly executed by Debtor, in substantially the form of Annex I hereto
      (a "Pledge Amendment"), shall be delivered to Collateral Agent in respect of
      the
      Additional Collateral to be pledged pursuant to this Agreement. Debtor hereby
      authorizes Collateral Agent to attach each Pledge Amendment to this Agreement
      and agrees that all certificates or instruments listed on any Pledge Amendment
      delivered to Collateral Agent shall for all purposes hereunder constitute
      Collateral.

     

    4.4 If
      Debtor
      shall receive, by virtue of Debtor being or having been an owner of any
      Collateral, any (i) stock certificate (including, without limitation, any
      certificate representing a stock dividend or distribution in connection with
      any
      increase or reduction of capital, reclassification, merger, consolidation,
      sale
      of assets, combination of shares, stock split, spin-off or split-off),
      promissory note or other instrument, (ii) option or right, whether as an
      addition to, substitution for, or in exchange for, any Collateral, or otherwise,
      (iii) dividends payable in cash (except such dividends permitted to be retained
      by Debtor pursuant to Section 5.2 hereof) or in securities or other property
      or
      (iv) dividends or other distributions in connection with a partial or total
      liquidation or dissolution or in connection with a reduction of capital, capital
      surplus or paid-in surplus, Debtor shall receive such stock certificate,
      promissory note, instrument, option, right, payment or distribution in trust
      for
      the benefit of Collateral Agent, shall segregate it from Debtor's other property
      and shall deliver it forthwith to Collateral Agent, in the exact form received,
      with any necessary endorsement and/or appropriate stock powers duly executed
      in
      blank, to be held by Collateral Agent as Collateral and as further collateral
      security for the Obligations.

    

    5. Distribution
      on Liquidation.

    

    5.1 If
      any
      sum is paid as a liquidating distribution on or with respect to the Collateral,
      Debtor shall deliver same to the Collateral Agent to be applied to the
      Obligations, then due, in accordance with the terms of the Convertible
      Notes.

    

    5.2 So
      long
      as no Event of Default exists, Debtor shall be entitled (i) to exercise all
      voting power pertaining to any of the Collateral, provided such exercise is
      not
      contrary to the interests of the Lenders and does not impair the Collateral
      and
      (ii) may receive and retain any and all dividends, interest payments or other
      distributions paid in respect of the Collateral.

    

    5.3. Upon
      the
      occurrence and during the continuation of an Event of Default, all rights of
      Debtor, upon notice given by Collateral Agent, to exercise the voting power
      and
      receive payments, which it would otherwise be entitled to pursuant to Section
      5.2, shall cease and all such rights shall thereupon become vested in Collateral
      Agent, which shall thereupon have the sole right to exercise such voting power
      and receive such payments.

    

    5.4 All
      dividends, distributions, interest and other payments which are received by
      Debtor contrary to the provisions of Section 5.3 shall be received in trust
      for
      the benefit of Collateral Agent, shall be segregated from other funds of Debtor,
      and shall be forthwith paid over to Collateral Agent as Collateral in the exact
      form received with any necessary endorsement and/or appropriate stock powers
      duly executed in blank, to be held by Collateral Agent as Collateral and as
      further collateral security for the Obligations.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    6. Further
      Action By Debtor; Covenants and Warranties.

    

    6.1 Collateral
      Agent at all times shall have a perfected security interest in the Collateral.
      Debtor has and will continue to have full title to the Collateral free from
      any
      liens, leases, encumbrances, judgments or other claims. Collateral Agent's
      security interest in the Collateral constitutes and will continue to constitute
      a first, prior and indefeasible security interest in favor of Collateral Agent.
      Debtor will do all acts and things, and will execute and file all instruments
      (including, but not limited to, security agreements, financing statements,
      continuation statements, etc.) reasonably requested by Collateral Agent to
      establish, maintain and continue the perfected security interest of Collateral
      Agent in the Collateral, and will promptly on demand, pay all costs and expenses
      of filing and recording, including the costs of any searches reasonably deemed
      necessary by Collateral Agent from time to time to establish and determine the
      validity and the continuing priority of the security interest of Collateral
      Agent, and also pay all other claims and charges that, in the opinion of
      Collateral Agent, exercised in good faith, are reasonably likely to materially
      prejudice, imperil or otherwise affect the Collateral or Collateral Agent’s or
      Lenders’ security interests therein.

    

    6.2 Other
      than in the ordinary course of business, and except for Collateral which is
      substituted by assets of identical or greater value or which has become obsolete
      or is of inconsequential in value, Debtor will not sell, transfer, assign or
      pledge those items of Collateral (or allow any such items to be sold,
      transferred, assigned or pledged), without the prior written consent of
      Collateral Agent other than a transfer of the Collateral to a wholly-owned
      subsidiary on prior notice to Collateral Agent, and provided the Collateral
      remains subject to the security interest herein described. Although Proceeds
      of
      Collateral are covered by this Agreement, this shall not be construed to mean
      that Collateral Agent consents to any sale of the Collateral, except as provided
      herein. Sales of Collateral in the ordinary course of business shall be free
      of
      the security interest of Lenders and Collateral Agent and Lenders and Collateral
      Agent shall promptly execute such documents (including without limitation
      releases and termination statements) as may be required by Debtor to evidence
      or
      effectuate the same.

    

    6.3 Debtor
      will, at all reasonable times and upon reasonable notice, allow Collateral
      Agent
      or its representatives free and complete access to the Collateral and all of
      Debtor's records which in any way relate to the Collateral, for such inspection
      and examination as Collateral Agent reasonably deems necessary.

    

    6.4 Debtor,
      at its sole cost and expense, will protect and defend this Security Agreement,
      all of the rights of Collateral Agent and Lenders hereunder, and the Collateral
      against the claims and demands of all other persons.

    

    6.5 Debtor
      will promptly notify Collateral Agent of any levy, distraint or other seizure
      by
      legal process or otherwise of any part of the Collateral, and of any threatened
      or filed claims or proceedings that are reasonably likely to affect or impair
      any of the rights of Collateral Agent under this Security Agreement in any
      material respect.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    6.6 Debtor,
      at its own expense, will obtain and maintain in force insurance policies
      covering losses or damage to those items of Collateral which constitute physical
      personal property. The insurance policies to be obtained by Debtor shall be
      in
      form and amounts reasonably acceptable to Collateral Agent. Debtor shall make
      the Collateral Agent first a loss payee thereon to the extent of its interest
      in
      the Collateral. Collateral Agent is hereby irrevocably (until the Obligations
      are paid in full) appointed Debtor’ attorney-in-fact to endorse any check or
      draft that may be payable to Debtor so that Collateral Agent may collect the
      proceeds payable for any loss under such insurance. The proceeds of such
      insurance (subject to the rights of senior secured parties), less any costs
      and
      expenses incurred or paid by Collateral Agent in the collection thereof, shall
      be applied either toward the cost of the repair or replacement of the items
      damaged or destroyed, or on account of any sums secured hereby, whether or
      not
      then due or payable.

    

    6.7 Collateral
      Agent may, at its option, and without any obligation to do so, pay, perform
      and
      discharge any and all amounts, costs, expenses and liabilities herein agreed
      to
      be paid or performed by Debtor.  Upon
      Debtor’s
      failure
      to do
      so,
      all
      amounts expended by Collateral Agent in so doing shall become part of the
      Obligations secured hereby, and shall be immediately due and payable by Debtor
      to Collateral Agent upon demand and
      shall
      bear interest at the lesser of 15% per annum or the highest legal amount from
      the dates of such expenditures until paid.

    

    6.8 Upon
      the
      request of Collateral Agent, Debtor will furnish to Collateral Agent within
      five
      (5) business days thereafter, or to any proposed assignee of this Security
      Agreement, a written statement in form reasonably satisfactory to Collateral
      Agent, duly acknowledged, certifying the amount of the principal and interest
      and any other sum then owing under the Obligations, whether to its knowledge
      any
      claims, offsets or defenses exist against the Obligations or against this
      Security Agreement, or any of the terms and provisions of any other agreement
      of
      Debtor securing the Obligations. In connection with any assignment by Collateral
      Agent of this Security Agreement, Debtor hereby agrees to cause the insurance
      policies required hereby to be carried by Debtor, if any, to be endorsed in
      form
      satisfactory to Collateral Agent or to such assignee, with loss payable clauses
      in favor of such assignee, and to cause such endorsements to be delivered to
      Collateral Agent within ten (10) calendar days after request therefor by
      Collateral Agent.

    

    6.9 Debtor
      will, at its own expense, make, execute, endorse, acknowledge, file and/or
      deliver to the Collateral Agent from time to time such vouchers, invoices,
      schedules, confirmatory assignments, conveyances, financing statements, transfer
      endorsements, powers of attorney, certificates, reports and other reasonable
      assurances or instruments and take further steps relating to the Collateral
      and
      other property or rights covered by the security interest hereby granted, as
      the
      Collateral Agent may reasonably require to perfect its security interest
      hereunder.

    

    6.10 Debtor
      represents and warrants that it is the true and lawful exclusive owner of the
      Collateral, free and clear of any liens and encumbrances.

    

    6.11 Debtor
      hereby agrees not to divest itself of any right under the Collateral except
      as
      permitted herein absent prior written approval of the Collateral Agent, except
      to a subsidiary organized and located in the United States on prior notice
      to
      Collateral Agent provided the Collateral remains subject to the security
      interest herein described.

     

    6.12 Debtor
      shall cause each Subsidiary of Debtor not in existence on the date hereof to
      execute and deliver to Collateral Agent promptly and in any event within 10
      days
      after the formation, acquisition or change in status thereof (A) a guaranty
      guaranteeing the Obligations and (B) pledge agreement substantially in the
      form
      of this Agreement together with (x) certificates evidencing all of the capital
      stock of any entity owned by such Subsidiary, (y) undated stock powers executed
      in blank with signature guaranteed, and (z) such opinion of counsel and such
      approving certificate of such Subsidiary as Collateral Agent may reasonably
      request in respect of complying with any legend on any such certificate or
      any
      other matter relating to such shares and (E) such other agreements, instruments,
      approvals, legal opinions or other documents reasonably requested by Collateral
      Agent in order to create, perfect, establish the first priority of or otherwise
      protect any lien purported to be covered by any such pledge agreement or
      otherwise to effect the intent that all designated property of such Subsidiary
      shall become Collateral for the Obligations. For purposes of this Agreement,
      “Subsidiary”
means,
      with respect to any entity at any date, any corporation, limited or general
      partnership, limited liability company, trust, estate, association, joint
      venture or other business entity) of which more than 50% of (A) the
      outstanding capital stock having (in the absence of contingencies) ordinary
      voting power to elect a majority of the board of directors or other managing
      body of such entity, (B) in the case of a partnership or limited liability
      company, the interest in the capital or profits of such partnership or limited
      liability company or (C) in the case of a trust, estate, association, joint
      venture or other entity, the beneficial interest in such trust, estate,
      association or other entity business is, at the time of determination, owned
      or
      controlled directly or indirectly through one or more intermediaries, by such
      entity.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    7. Power
      of Attorney.

    

    After
      the
      occurrence and during the uncured continuation of an Event of Default, as
      defined in Section 9 below, Debtor hereby irrevocably constitutes and appoints
      the Collateral Agent as the true and lawful attorney of Debtor, with full power
      of substitution, in the place and stead of Debtor and in the name of Debtor
      or
      otherwise, at any time or times, in the discretion of the Collateral Agent,
      to
      take any action and to execute any instrument or document which the Collateral
      Agent may deem necessary or advisable to accomplish the purposes of this
      Agreement. This power of attorney is coupled with an interest and is irrevocable
      until the Obligations are satisfied.

    

    8. Performance
      By The Collateral Agent.

    

    If
      Debtor
      fails to perform any material covenant, agreement, duty or obligation of Debtor
      under this Agreement, the Collateral Agent may, after any applicable cure
      period, at any time or times in its discretion, take action to effect
      performance of such obligation. All reasonable expenses of the Collateral Agent
      incurred in connection with the foregoing authorization shall be payable by
      Debtor as provided in Paragraph 12.1 hereof. No discretionary right, remedy
      or
      power granted to the Collateral Agent under any part of this Agreement shall
      be
      deemed to impose any obligation whatsoever on the Collateral Agent with respect
      thereto, such rights, remedies and powers being solely for the protection of
      the
      Collateral Agent.

    

    9. Event
      of Default.

    

    An
      event
      of default ("Event of Default") shall be deemed to have occurred hereunder
      upon
      the occurrence of any event of default as defined and described in this
      Agreement, in the Notes, Subscription Agreement, and any other agreement to
      which Debtor and a Lender are parties. Upon and after any Event of Default,
      after the applicable cure period, if any, any or all of the Obligations shall
      become immediately due and payable at the option of the Collateral Agent, for
      the benefit of the Lenders, and the Collateral Agent may dispose of Collateral
      as provided below. A default by Debtor of any of its material obligations
      pursuant to this Agreement shall be an Event of Default hereunder and an event
      of default as defined in the Notes, and Subscription Agreement.

    

    10. Disposition
      of Collateral.

    

    Upon
      and
      after any Event of Default which is then continuing,

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    10.1 The
      Collateral Agent may exercise its rights with respect to each and every
      component of the Collateral, without regard to the existence of any other
      security or source of payment for the Obligations. In addition to other rights
      and remedies provided for herein or otherwise available to it, the Collateral
      Agent shall have all of the rights and remedies of a lender on default under
      the
      Uniform Commercial Code then in effect in the State of New York.

    

    10.2 In
      the
      event of any sale or other disposition of Collateral is to occur, the Collateral
      Agent shall provide Debtor with at least five business (5) days prior written
      notice (which Debtor agrees is reasonable notice within the meaning of Section
      9.612(a) of the Uniform Commercial Code) of the time and place of any sale
      of
      Collateral which Debtor hereby agrees may be by private sale. The rights granted
      in this Section are in addition to any and all rights available to Collateral
      Agent under the Uniform Commercial Code.

    

    10.3 The
      Collateral Agent is authorized, at any such sale, if the Collateral Agent deems
      it advisable to do so, in order to comply with any applicable securities laws,
      to restrict the prospective bidders or purchasers to persons who will represent
      and agree, among other things, that they are purchasing the Collateral for
      their
      own account for investment, and not with a view to the distribution or resale
      thereof, or otherwise to restrict such sale in such other manner as the
      Collateral Agent deems advisable to ensure such compliance. Sales made subject
      to such restrictions shall be deemed to have been made in a commercially
      reasonable manner.

    

    10.4 All
      proceeds received by the Collateral Agent for the benefit of the Lenders in
      respect of any sale, collection or other enforcement or disposition of
      Collateral, shall be applied (after deduction of any amounts payable to the
      Collateral Agent pursuant to Paragraph 12.1 hereof) against the Obligations
      pro
      rata among the Lenders in proportion to their interests in the Obligations.
      Upon
      payment in full of all Obligations, Debtor shall be entitled to the return
      of
      all Collateral, including cash, which has not been used or applied toward the
      payment of Obligations or used or applied to any and all costs or expenses
      of
      the Collateral Agent incurred in connection with the liquidation of the
      Collateral (unless another person is legally entitled thereto). Any assignment
      of Collateral by the Collateral Agent to Debtor shall be without representation
      or warranty of any nature whatsoever and wholly without recourse. To the extent
      allowed by law, each Lender may purchase the Collateral and pay for such
      purchase by offsetting up to such Lender’s pro rata portion of the purchase
      price with sums owed to such Lender by Debtor arising under the Obligations
      or
      any other source.

    

    11. Waiver
      of Automatic Stay.
      Debtor
      acknowledges and agrees that should a proceeding under any bankruptcy or
      insolvency law be commenced by or against Debtor, or if any of the Collateral
      should become the subject of any bankruptcy or insolvency proceeding, then
      the
      Collateral Agent should be entitled to, among other relief to which the
      Collateral Agent or Lenders may be entitled under the Note, Subscription
      Agreement and any other agreement to which the Debtor, Lenders or Collateral
      Agent are parties, (collectively "Loan Documents") and/or applicable law, an
      order from the court granting immediate relief from the automatic stay pursuant
      to 11 U.S.C. Section 362 to permit the Collateral Agent to exercise all of
      its
      rights and remedies pursuant to the Loan Documents and/or applicable law. Debtor
      EXPRESSLY WAIVES THE BENEFIT OF THE AUTOMATIC STAY IMPOSED BY 11 U.S.C. SECTION
      362. FURTHERMORE, Debtor EXPRESSLY ACKNOWLEDGES AND AGREES THAT NEITHER 11
      U.S.C. SECTION 362 NOR ANY OTHER SECTION OF THE BANKRUPTCY CODE OR OTHER STATUTE
      OR RULE (INCLUDING, WITHOUT LIMITATION, 11 U.S.C. SECTION 105) SHALL STAY,
      INTERDICT, CONDITION, REDUCE OR INHIBIT IN ANY WAY THE ABILITY OF THE COLLATERAL
      AGENT TO ENFORCE ANY OF ITS RIGHTS AND REMEDIES UNDER THE LOAN DOCUMENTS AND/OR
      APPLICABLE LAW. Debtor hereby consents to any motion for relief from stay which
      may be filed by the Collateral Agent in any bankruptcy or insolvency proceeding
      initiated by or against Debtor, and further agrees not to file any opposition
      to
      any motion for relief from stay filed by the Collateral Agent. Debtor
      represents, acknowledges and agrees that this provision is a specific and
      material aspect of this Agreement, and that the Collateral Agent would not
      agree
      to the terms of this Agreement if this waiver were not a part of this Agreement.
      Debtor further represents, acknowledges and agrees that this waiver is
      knowingly, intelligently and voluntarily made, that neither the Collateral
      Agent
      nor any person acting on behalf of the Collateral Agent has made any
      representations to induce this waiver, that Debtor has been represented (or
      has
      had the opportunity to be represented) in the signing of this Agreement and
      in
      the making of this waiver by independent legal counsel selected by Debtor and
      that Debtor has had the opportunity to discuss this waiver with
      counsel.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    12. Miscellaneous.

    

    12.1 Expenses.
      Debtor
      shall pay to the Collateral Agent, on demand, the amount of any and all
      reasonable expenses, including, without limitation, attorneys' fees, legal
      expenses and brokers' fees, which the Collateral Agent may incur in connection
      with (a) sale, collection or other enforcement or disposition of Collateral;
      (b)
      exercise or enforcement of any the rights, remedies or powers of the Collateral
      Agent hereunder or with respect to any or all of the Obligations upon breach
      or
      threatened breach; or (c) failure by Debtor to perform and observe any
      agreements of Debtor contained herein which are performed by the Collateral
      Agent.

    

    12.2 Waivers,
      Amendment and Remedies.
      No
      course of dealing by the Collateral Agent and no failure by the Collateral
      Agent
      to exercise, or delay by the Collateral Agent in exercising, any right, remedy
      or power hereunder shall operate as a waiver thereof, and no single or partial
      exercise thereof shall preclude any other or further exercise thereof or the
      exercise of any other right, remedy or power of the Collateral Agent. No
      amendment, modification or waiver of any provision of this Agreement and no
      consent to any departure by Debtor therefrom, shall, in any event, be effective
      unless contained in a writing signed by the Collateral Agent, and then such
      waiver or consent shall be effective only in the specific instance and for
      the
      specific purpose for which given. The rights, remedies and powers of the
      Collateral Agent, not only hereunder, but also under any instruments and
      agreements evidencing or securing the Obligations and under applicable law
      are
      cumulative, and may be exercised by the Collateral Agent from time to time
      in
      such order as the Collateral Agent may elect.

    

    12.3 Notices.
      All
      notices or other communications given or made hereunder shall be in writing
      and
      shall be personally delivered or deemed delivered the first business day after
      being faxed (provided that a copy is delivered by first class mail) to the
      party
      to receive the same at its address set forth below or to such other address
      as
      either party shall hereafter give to the other by notice duly made under this
      Section:

    

    
      	 	
              To
                Debtor:

            	 	
              Inrob
                Tech Ltd.

            
	 	 	 	
              c/o
                Sichenzia
                Ross Friedman Ference LLP

            
	 	 	 	
              1065
                Avenue of Americas

            
	 	 	 	
              New
                York, NY 10018

            
	 	 	 	
              Attn:
                Marc Ross, Esq.

            
	 	 	 	
              Fax:
                (212) 930-9725

            
	 	 	 	 
	 	
              To
                Lenders:

            	 	
              To
                the addresses and telecopier numbers set forth on Schedule
                A

            
	 	 	 	 
	 	
              To
                the Collateral Agent:

            	 	
              Barbara
                R. Mittman, Esq.

            
	 	 	 	
              551
                Fifth Avenue, Suite 1601

            
	 	 	 	
              New
                York, New York 10176

            
	 	 	 	
              Fax:
                (212) 697-3575

            
	 	 	 	 
	 	
              With
                an additional copy to:

            	 	
              Grushko
                & Mittman, P.C.

            
	 	 	 	
              551
                Fifth Avenue, Suite 1601

            
	 	 	 	
              New
                York, New York 10176

            
	 	 	 	
              Fax:
                (212) 697-3575

            

    

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    Any
      party
      may change its address by written notice in accordance with this paragraph
      but
      in the case of the Debtor only, to a domestic United States address and fax
      number.

    

    12.4 Term;
      Binding Effect.
      This
      Agreement shall (a) remain in full force and effect until payment and
      satisfaction in full of all of the Obligations; (b) be binding upon Debtor,
      and
      its successors and permitted assigns; and (c) inure to the benefit of the
      Collateral Agent, for the benefit of the Lenders and their respective successors
      and assigns. All the rights and benefits granted by Debtor to the Collateral
      Agent and Lenders in the Loan Documents and other agreements and documents
      delivered in connection therewith are deemed granted to both the Collateral
      Agent and Lenders.

    

    12.5 Captions.
      The
      captions of Paragraphs, Articles and Sections in this Agreement have been
      included for convenience of reference only, and shall not define or limit the
      provisions hereof and have no legal or other significance
      whatsoever.

    

    12.6 Governing
      Law; Venue; Severability.
      This
      Agreement shall be governed by and construed in accordance with the laws of
      the
      State of New York without
      regard to conflicts
      of laws principles
      that
      would result in the application of the substantive laws of another
      jurisdiction,
      except
      to the extent that the perfection of the security interest granted hereby in
      respect of any item of Collateral may be governed by the law of another
      jurisdiction. Any legal action or proceeding against Debtor with respect to
      this
      Agreement may be brought in the courts in the State of New York or of
      the
      United
      States for the Southern District of New York, and, by execution and delivery
      of
      this Agreement, Debtor hereby irrevocably accepts for itself and in respect
      of
      its property, generally and unconditionally, the jurisdiction of the aforesaid
      courts. Debtor hereby irrevocably waives any objection which they may now or
      hereafter have to the laying of venue of any of the aforesaid actions or
      proceedings arising out of or in connection with this Agreement brought in
      the
      aforesaid courts and hereby further irrevocably waives and agrees not to plead
      or claim in any such court that any such action or proceeding brought in any
      such court has been brought in an inconvenient forum. If any provision of this
      Agreement, or the application thereof to any person or circumstance, is held
      invalid, such invalidity shall not affect any other provisions which can be
      given effect without the invalid provision or application, and to this end
      the
      provisions hereof shall be severable and the remaining, valid provisions shall
      remain of full force and effect.

    

    12.7 Entire
      Agreement.
      This
      Agreement contains the entire agreement of the parties and supersedes all other
      agreements and understandings, oral or written, with respect to the matters
      contained herein.

    

    12.8 Force
      Majeure. Any
      delay
      in or failure of performance by the Company or Subscribers shall not constitute
      a default or give rise to any claim hereunder if such default is exclusively
      a
      result of acts of G-d, war, riots, fire, sustained power failure, flood, strike,
      lockout, epidemics and national defense requirements, provided the party
      claiming excuse makes reasonable effort under the circumstances to comply with
      its obligations.

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

    12.9 Counterparts/Execution.
      This
      Agreement may be executed in any number of counterparts and by the different
      signatories hereto on separate counterparts, each of which, when so executed,
      shall be deemed an original, but all such counterparts shall constitute but
      one
      and the same instrument. This Agreement may be executed by facsimile signature
      and delivered by facsimile transmission.

    

    [THIS
      SPACE INTENTIONALLY LEFT BLANK]

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the
      undersigned have executed and delivered this Stock Pledge Agreement, as of
      the
      date first written above.

     

    
      	
              "DEBTOR"

              INROB TECH LTD.

              a Nevada corporation

            	 	
               "THE
                COLLATERAL AGENT"

              BARBARA R. MITTMAN 

            
	 	 	 	 	 
	By:	
            	 	 	
            
	
            	
              

            	 	
              

            
	Its:	 	 	 	 
	 	
              
 	 	 	 

    

    

    APPROVED
      BY “LENDERS”:

    
       

      
        	
                Name of Lender (Print):

              	 	 Name
                of Lender
                (Print):
	 	 	 	 	 
	
                
 	 	
                

              
	By:	
              	 	By:	
              
	
              	
                

              	 	 	
                

              
	 	 	 
	Print Name of
                Signator:_____________________	 	Print Name of
                Signator:____________________
	 	 	 	 	 

      

    

    

    This
      Stock Pledge Agreement may be signed by facsimile signature
      and

    delivered
      by confirmed facsimile transmission.

    

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

    SCHEDULE
      A TO SECURITY AGREEMENT

     

    
      	
              LENDERS

            	 	
              PRINCIPAL
                AMOUNT OF NOTE

            	 
	 	 	 	 
	
              PROFESSIONAL
                OFFSHORE OPPORTUNITY FUND, LTD.

              1400
                Old Country Road-Suite 206

              Westbury,
                N 11590

              Fax:

            	 	
              $

            	
              300,000.00

            	 
	 	 	 	 	 
	
              FIRST
                MIRAGE, INC.

              333
                Sandy Springs Circle-Suite 230

              Atlanta,
                GA 30328

              Fax:
                (404) 257-9125

            	 	
              $

            	
              125,000.00

            	 
	 	 	 	 	 
	
              GENERATION
                CAPITAL ASSOCIATES

              1085
                Riverside Trace

              Atlanta,
                GA 30328

              Fax:
                (404) 257-9125

            	 	
              $

            	
              125,000.00

            	 
	 	 	 	 	 
	
              THE
                HART ORGANIZATION

              1085
                Riverside Trace

              Atlanta,
                GA 30328

              Fax:
                (404) 257-9125

            	 	
              $

            	
              50,000.00

            	 
	 	 	 	 	 
	
              PLATINUM
                PARTNER LONG TERM GROWTH IV

              152
                West 57th
                Street

              New
                York, NY 10019

              Fax:
                (212) 581-0002

            	 	
              $

            	
              350,000.00

            	 
	 	 	 	 	 
	
              CENTURION
                MICROCAP, LP

              3014
                Avenue L

              Brooklyn,
                NY 11210

              Fax:
                (718) 228-9570

            	 	
              $

            	
              500,000.00

            	 
	 	 	 	 	 
	
              TRUK
                OPPORTUNITY FUND, LLC

              One
                East 52nd
                St., 6th
                Fl.

              New
                York, NY 10022

              Fax:
                (212) 888-0334

            	 	
              $

            	
              222,500.00

            	 
	 	 	 	 	 
	
              TRUK
                INTERNATIONAL, L.P.

              One
                East 52nd
                St., 6th
                Fl.

              New
                York, NY 10022

              Fax:
                (212) 888-0334

            	 	
              $

            	
              27,500.00

            	 
	 	 	 	 	 
	
              ALPHA
                CAPITAL ANSTALT

              Pradafant
                7

              9490
                Furstentums

              Vaduz,
                Lichtenstein

              Fax:
                011-423-2323196

            	 	
              $

            	
              300,000.00

            	 
	 	 	 	 	 
	
              VISION
                OPPORTUNITY MASTER FUND, LTD.

              20
                W 55th
                Street, 5th
                Fl.

              New
                York, NY 10019

              Fax:
                (212) 867-1416

            	 	
              $

            	
              1,000,000.00

            	 
	 	 	 	 	 
	
              TOTALS

            	 	
              $

            	
              3,000,000.00

            	 

    

     

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

     

    ANNEX
      I

     

    TO

     

    STOCK
      PLEDGE AGREEMENT

     

    PLEDGE
      AMENDMENT

     

    This
      Pledge Amendment, dated _________ __ 200_, is delivered pursuant to Section
      4.3
      of the Stock Pledge Agreement referred to below. The undersigned hereby agrees
      that this Pledge Amendment may be attached to the Stock Pledge Agreement, dated
      November 15, 2006, as it may heretofore have been or hereafter may be amended,
      restated, supplemented or otherwise modified from time to time and that the
      shares listed on this Pledge Amendment shall be hereby pledged and assigned
      to
      Collateral Agent and become part of the Collateral referred to in such Stock
      Pledge Agreement and shall secure all of the Obligations referred to in such
      Stock Pledge Agreement.

    

    
      	
              Name
                of Issuer

            	 	
              Number

              of
                Shares

            	 	
              Class

            	 	
              Certificate

              Number(s)

            
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 

    

     

    
      	 	 	 
	 	
              INROB
                TECH LTD.

            
	 
 	 
 	 
 
	
            	By:  	
            
	 	
              

            

    
      
        
        

      

      
        13

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