FLUOROCARBON SERVICES LIMITED

Arbuthnot Commercial Asset Based Lending Limited

Each chargor as continuing security for the payment, discharge and performance of all the secured liabilities in relation to all of the following assets whether now or in future belonging to the chargor hereby, in each case with full title guarantee:. (A) charges to arbuthnot by way of legal mortgage all of the specified real property;. (B) charges (to the extent not validly or effectively charged by way of legal mortgage under clause (a) or assigned under clause(d) to arbuthnot by way of separate fixed charges the assets detailed in schedule 2;. schedule 2. (a) its real property other than specified real property;. (H) all its intellectual property.