This Security Agreement, dated June 2015, is between Intellicell Biosciences, Inc. (both Nevada and New York corporations), ICBS Research Corp., and Tech-Stem, Inc. (collectively referred to as 'Grantors') and an unnamed Secured Party. The agreement outlines the terms under which the Secured Party will purchase a Secured Debenture from the Parent company, Intellicell Biosciences, Inc., and the conditions under which the Grantors pledge their assets as collateral. The document includes definitions, representations, warranties, and covenants related to the security interest in the Grantors' assets. It also details the rights and obligations of the parties in the event of default, including the Secured Party's rights to take control of the collateral.
documents/EFTA01120625.pdf
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