EXHIBIT 10.9
MODIFIED
GENERAL SECURITY AGREEMENT
AGREEMENT made as of this 30th day of April, 1998 by the undersigned to NORTH FORK BANK, having
an office at 245 Love Lane, Mattituck, New York 11952 (the "Bank").
1. Definitions.
The term "Obligations" shall include all indebtedness, obligations, liabilities, and guarantees of any kind of the
undersigned to the Bank (and also to others to the extent of participations or interests therein of the Bank), now
existing or hereafter arising, and whether direct or indirect, acquired outright, conditionally or as collateral security
from another, absolute or contingent, joint or several, secured or unsecured, due or not due, contractual or
tortious, liquidated or unliquidated, arising by operation of law or otherwise, whether or not of a nature presently
contemplated by the parties or subsequently agreed to by them.
The term "Collateral" shall include all personal property and fixtures in which the undersigned has or shall have an
interest (including, but not limited to, all personal property and fixtures as described herein to be acquired by the
undersigned in connection with the acquisition of mmTech, Inc.), now or hereafter existing or acquired, and
wherever located, tangible or intangible, including but not limited to all present and hereafter existing or acquired
accounts, accounts receivable, contract rights, general intangibles, equipment, goods, inventory (raw materials,
components, work-in process, finished merchandise and packing and shipping materials), personal property
made available to the undersigned by the Bank (or its agent or bailee) pursuant to a trust receipt or other security
agreement the effect of which is to continue the Bank's security interest therein, money, instruments, documents,
chattel paper, securities, deposits, patents and patent rights, credits, claims and demands against the Bank, and all
proceeds, products, returns, additions, accessions and substitutions of and to any of the foregoing.
All other terms used