COVENTRY ENGINEERING LTD.

Seneca Trade Partners LTD

The borrower with full title guarantee hereby charges in favour of the lender by way of first fixed charge as a continuing security for the payment and discharge of the secured obligations the following assets, both present and future, from time to time owned by the borrower or in which the borrower may from time to time have an interest:. 3.1.1 the properties;. 3.1.2 all freehold and leasehold property of the borrower situate in england and wales and all liens, charges, options, agreements, rights and interests in or over land or the proceeds of sale of land situate in england and wales and all buildings, fixtures (including trade fixtures) and fixed plant and machinery from time to time on such property or land together with all rights, easements and privileges appurtenant to, or benefitting, the same;. 3.1.7 all patents, patent applications, trade marks and service marks (whether registered or not), trade mark applications, service mark applications, trade names, registered designs, design rights, copyrights, computer programmes, know-how and trade secrets and all other industrial or intangible property or rights and all licences, agreements and ancillary and connected rights relating to, intellectual and intangible property.. Properties: all present and future property of the borrower and all liens, charges, options, agreements, rights and interests in or over land or the proceeds of sale of land and all buildings, fixtures (including trade fixtures) and fixed plant and machinery from time to time on such property or land together with all rights, easements, servitudes and privileges appurtenant to, or benefiting, the same, in all cases both present and future.

COVENTRY AND WARWICKSHIRE REINVESTMENT TRUST LTD

BCRS BUSINESS LOANS LIMITED

BIBBY FINANCIAL SERVICES LIMITED

DEBENTURE

Bibby Financial Services Limited

Fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, book debts, uncalled capital, buildings, fixtures, fixed plant & machinery.

COVENTRY & WARWICKSHIRE REINVESTMENT TRUST LTD

CHARGE OVER STOCK

ROBERT MALCOLM GORDON (AS SECURITY TRUSTEE FOR THE BENEFICIARIES)

CHATTELS MORTGAGE

COVENTRY TOOLHOLDERS LIMITED

CHATTEL MORTGAGE

ULTIMATE FINANCE LIMITED

DEBENTURE