Security Agreement

Recorded: 2009-05-26 Received: 2009-05-26 Pages: 45

Assignor

ESCALADE, INCORPORATED

Executed: 2009-04-30

Assignee

JP MORGAN CHASE BANK, N.A.

1 EAST OHIO STREET, MAIL CODE: IN1-0048, INDIANAPOLIS, IN, 46204, UNITED STATES

Covered Properties (2)

Manual Envelope Sealer

Application: 29/303,620 →

Paper Folder with Switchable Folding Apparatus

Application: 10/409,883 →