Acknowledgement

Acknowledgement. Such agreement as the same now exists or may hereafter be amended, modified, supplemented, extended, renewed, restated or replaced, from time to time.

Acknowledgement. The Guarantee and Collateral Acknowledgement dated as of the date hereof

Acknowledgement. The Existing Security Agreements include the following agreements, all dated as of December 29, 2006, except as otherwise stated below with respect to certain security agreements and a guaranty originally executed and delivered by Irvine Sensors and Optex to and/or in favor of Pequot Private Equity Fund III, L.P. and Pequot Offshore Private Equity Partners III, L.P. (referred to below as the "various Pequot entities"), which are all dated as of December 30, 2005: a. that certain Irvine Sensors... Intellectual Property Security Agreement, executed and delivered by Irvine Sensors in favor of Longview and Alpha; b. that certain Optex Intellectual Property Security Agreement, executed and delivered by Optex in favor of Longview and Alpha; c. that certain Optex Guaranty, executed and delivered by Optex in favor of Longview and Alpha; d. that certain Optex Third Party Security Agreement, executed and delivered by Optex in favor of Longview and Alpha; e. that certain Term Loan and Security Agreement by and between Irvine Sensors, on the one hand, and Longview and Alpha, on the other; f. that certain Security Agreement, dated December 30, 2005, by and among Irvine Sensors and various Pequot entities;. g. Subsidiary Security Agreements, all dated December 30, 2005, by and among various subsidiaries of Irvine Sensors (including Optex) and various Pequot entities; and h. Subsidiary Guaranty, dated December 30, 2005, by and among various subsidiaries of Irvine Sensors and various Pequot entities (items f – h, all as assigned to Longview and Alpha pursuant to that certain Assignment Agreement by and among the various Pequot entities, Longview and Alpha, dated December 29, 2006). View More