Security Agreement

Recorded: 2017-04-27 Received: 2017-04-27 Pages: 7

Assignors

CONFLUENCE OUTDOOR, LLC

Executed: 2017-02-03

PAPA HANA, LLC

Executed: 2017-02-03

Assignee

ALLY BANK, AS AGENT

300 PARK AVENUE, 4TH FLOOR, NEW YORK, NY, 10022, UNITED STATES

Covered Properties (5)

Propulsion System for a Watercraft

Application: 15/198,903 →

Watercraft Cart System

Application: 14/875,805 →

Kayak Having Reconfigurable Center Staging

Application: 14/689,839 →

Elevated Kayak Seat

Application: 14/689,824 →

Composite Paddles

Application: 14/452,174 →