Security Agreement

Recorded: 2006-01-19 Received: 2006-01-19 Pages: 17

Assignor

TIPPMANN PNEUMATICS, LLC

Executed: 2004-06-17

Assignee

CAPITALSOURCE FINANCE LLC

4445 WILLARD AVENUE, 12TH FLOOR, CHEVY CHASE, MD, 20815, UNITED STATES

Covered Properties (6)

Paintball Marker

Application: 29/240,765 →

Apparatus and Method for Firing a Projectile

Application: 11/202,814 →

Receiver/grip assembly for a paintball marker

Application: 11/047,931 →

Paintball Spin Application Method

Application: 10/967,490 →

Valve arrangement

Application: 10/849,391 →

Gun

Application: 09/865,645 →