Security Agreement

Recorded: 2011-06-28 Received: 2011-06-28 Pages: 7

Assignors

BONCOR WATER SYSTEMS, LLC

Executed: 2011-06-24

CAL SOFT WATER SERVICE, INC.

Executed: 2011-06-24

PIONETICS CORPORATION

Executed: 2011-06-24

RAYNE - SAN DIEGO, INC.

Executed: 2011-06-24

RAYNE CORPORATION

Executed: 2011-06-24

RAYNE DEALERSHIP CORPORATION

Executed: 2011-06-24

RAYNE WATER CONDITIONING, INC.

Executed: 2011-06-24

Assignee

ONEWEST BANK, FSB

888 EAST WALNUT STREET - HQ-04-04, ATTN: DAVID LIGON, PASADENA, CA, 91101, UNITED STATES

Covered Properties (10)

Regeneration of Ion Exchange Resin and Recovery of Regenerant Solution

Application: 12/889,350 →

Cartridge Having Textured Membrane

Application: 12/861,800 →

Regeneration of electrolytic ion exchange cells

Application: 11/731,188 →

Power Supply for Electrochemical Ion Exchange Cell

Application: 11/552,068 →

Electrochemical Ion Exchange Treatment of Fluids

Application: 11/539,596 →

Electrochemical Ion Exchange with Textured Membranes and Cartridge

Application: 11/190,802 →

Power supply for electrochemical ion exchange

Application: 11/024,521 →

Fluid flow controlling valve having seal with reduced leakage

Application: 11/021,931 →

Textured Ion Exchange Membranes

Application: 10/900,256 →

Selectable Ion Concentrations with Electrolytic Ion Exchange

Application: 10/637,186 →