TRINITY ENVIRONMENTAL LTD

Cambridge & Counties Bank Limited

1. charges to the lender by way of first fixed charge: (a) all present and future interests of the chargor not effectively mortgaged or charged under the provisions of clause 3.1.1 in, or over, freehold, leasehold or commonhold property; (b) all present and future rights, licences, guarantees, rents, deposits, contracts, covenants and warranties relating to each property; (c) all licences, consents and authorisations (statutory or otherwise) held or required in connection with the chargor’s business or the use of any charged property, and all rights in connection with them; (d) to the extent not effectively assigned pursuant to clause 3.2.1, all rights and interests of the chargor in, and claims under, each insurance policy and all proceeds of each insurance policy and all rights and interests of the chargor in, claims under and all proceeds of any insurances written in favour of the chargor or in which the chargor is otherwise interested; (e) all its present and future goodwill and uncalled capital; (f) all the equipment with the benefit of all manuals, instructions, warranties, licences and maintenance agreements relating to it; (g) all the intellectual property; (h) to the extent not effectively assigned pursuant to clause 3.2.2, all the book debts; (I) all the investments; (j) all monies from time to time standing to the credit of its accounts with any bank, financial institution or other person (including each designated account); and (k) where any leasehold property is charged pursuant to clause 3.1.1 or clause 3.1.2(a) any present or future right or interest conferred upon the chargor in relation to such leasehold property by virtue of any enfranchising legislation including any rights arising against any nominee purchaser pursuant to such enfranchising legislation; and 2. charges to the lender, by way of first floating charge, all the undertaking, property, assets and rights of the chargor at any time not effectively mortgaged, charged or assigned pursuant to clause 3.1.1, clause 3.1.2 and clause 3.2 and including, without limitation heritable property and all other property and assets in scotland.

Hsbc UK Bank PLC

A fixed and floating charge over all assets.