Security Agreement

Recorded: 2005-04-22 Received: 2005-04-27 Pages: 7

Assignor

FI-SHOCK, INC.

Executed: 2005-02-11

Assignee

ALLIED CAPITAL CORPORATION

1919 PENNSYLVANIA AVENUE, N.W., WASHINGTON, DC, 20006, UNITED STATES

Covered Properties (5)

Electric Fence Insulators

Application: 10/688,114 →

Fence Spacer

Application: 10/645,916 →

Pond Protection System

Application: 10/322,882 →

Electric Fence Insulator

Application: 29/156,336 →

Electric Fence Insulator

Application: 10/085,162 →