Trademark Security Agreement

This Trademark Security Agreement sets forth a security agreement between a debtor and secured party whereby the debtor grants, assigns, and pledges a security interest in certain intellectual property. The debtor grants a security interest in its trademarks, including royalties and the right to sue past, present, and future infringers, and further grants an interest in the debtor’s license agreements and goodwill connected to the trademarks. This form should be used by companies seeking to use trademarks as collateral for a loan or by lending institutions seeking a security interest in a debtor’s trademarks.