EX-10.27
Alternative Ballistics Corp
SECURITY AGREEMENT
This SECURITY AGREEMENT, dated as of March 13, 2026 (this “Agreement”), is among Alternative Ballistics Corporation, a Nevada corporation (the “Company”), all of the Subsidiaries (as defined in the Purchase Agreement) of the Company (such subsidiaries, the “Guarantors” and, collectively with the Company, the “Debtor” or “Debtors”) and Lendspark Corporation, a California corporation (collectively with its endorsees, transferees and assigns, the “Secured Parties”).
W I T N E S S E T H:
WHEREAS, pursuant to the securities purchase agreement entered into by the Company and the Secured Parties on or around March 13, 2026 (the “Purchase Agreement”), the Secured Parties have agreed to extend the loan to Company as evidenced by that certain 12% secured promissory note dated on or around March 13, 2026, in the original principal amount of $550,000.00 (the “Note”);
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