Ckrush, Inc. – ‘SB-2’ on 7/7/98 – EX-10.9

As of:  Tuesday, 7/7/98   ·   Accession #:  1047469-98-26562   ·   File #:  333-58631

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Registration of Securities by a Small-Business Issuer   —   Form SB-2
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: SB-2        Registration of Securities by a Small-Business        81    493K 
                          Issuer                                                 
 2: EX-3.1      Articles of Incorporation/Organization or By-Laws     28    113K 
 3: EX-3.2      Articles of Incorporation/Organization or By-Laws     17     74K 
 4: EX-4.1      Instrument Defining the Rights of Security Holders     2     16K 
 5: EX-4.2      Instrument Defining the Rights of Security Holders     4±    22K 
 6: EX-10.1     Material Contract                                      3     18K 
15: EX-10.10    Material Contract                                      6     34K 
16: EX-10.11    Material Contract                                      6     33K 
17: EX-10.12    Material Contract                                     11     42K 
18: EX-10.13    Material Contract                                      4     21K 
19: EX-10.14    Material Contract                                     10     44K 
20: EX-10.15    Material Contract                                      4     22K 
21: EX-10.16    Material Contract                                     10     43K 
22: EX-10.17    Material Contract                                      3     20K 
23: EX-10.18    Material Contract                                      9     41K 
24: EX-10.19    Material Contract                                      2     15K 
 7: EX-10.2     Material Contract                                      2     17K 
25: EX-10.20    Material Contract                                      8     35K 
26: EX-10.21    Material Contract                                     17     62K 
27: EX-10.22    Material Contract                                      2±    13K 
28: EX-10.23    Material Contract                                      2     17K 
29: EX-10.24    Material Contract                                     19     56K 
30: EX-10.25    Material Contract                                     13     50K 
31: EX-10.26    Material Contract                                      7     35K 
32: EX-10.27    Material Contract                                      4     17K 
33: EX-10.28    Material Contract                                      9     40K 
34: EX-10.29    Material Contract                                     10     47K 
 8: EX-10.3     Material Contract                                      6     43K 
35: EX-10.30    Material Contract                                      6     35K 
36: EX-10.31    Material Contract                                      6     31K 
37: EX-10.32    Material Contract                                     11     57K 
38: EX-10.35    Material Contract                                     37    125K 
39: EX-10.36    Material Contract                                     18     52K 
 9: EX-10.4     Material Contract                                      7     36K 
10: EX-10.5     Material Contract                                      2±    14K 
11: EX-10.6     Material Contract                                      3     21K 
12: EX-10.7     Material Contract                                      4     20K 
13: EX-10.8     Material Contract                                      1     12K 
14: EX-10.9     Material Contract                                      1     14K 
40: EX-21.1     Subsidiaries of the Registrant                         1     10K 
41: EX-23.1     Consent of Experts or Counsel                          1     11K 
42: EX-27.1     Financial Data Schedule (Pre-XBRL)                     2     14K 

EX-10.9   —   Material Contract

EX-10.9
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                                                                    EXHIBIT 10.9

December 3, 1997

Gibraltar Financial Corporation                                                 
60 Revere Drive                                                                 
Suite 840                                                                       
Northbrook, IL 60062                                                            

Gentlemen:                                                                      

In consideration of Gibraltar Financial Corporation (Gibraltar) entering into a 
Revolving Accounts Receivable Funding Agreement with Hippo, Inc. (Debtor), and  
other valuable consideration, the receipt and sufficiency of which is hereby    
acknowledged, the undersigned hereby subordinates to Gibraltar any and all      
right, title and interest the undersigned may have in the following assets of   
Debtor (the Collateral):                                                        

All Debtor's existing or hereafter arising a) Accounts, b) accounts receivable, 
c) inventory, d) insofar as they pertain to the sale of goods or services in the
ordinary course of business, chattel paper and contract rights, e) and all      
books, records, (computerized or manual), computer disks and software in        
connection with all the foregoing, and f) all proceeds and products of the      
foregoing including but not limited to insurance proceeds, and lock box         
proceeds. The subordination specifically includes, without limitation, Seller's 
rights to any returned personal property from Account Debtors and also shall    
include all rights of replevin, reclamation, and stoppage in transit.           

The subordination and priorities established by this Agreement shall prevail    
irrespective of the time, order, manner or method of creation, attachment or    
perfection of the respective security interests and/or liens held by Gibraltar  
and the undersigned.                                                            

The undersigned agrees to execute, upon request, the appropriate UCC forms to   
effect the foregoing.                                                           

Sincerely,                                                                      

X /s/ Stanley Berger                                                            
--------------------------                                                    
Stanley Berger                                                                  

2 

Dates Referenced Herein

This ‘SB-2’ Filing		Date		Other Filings
Filed on:		7/7/98		None on these Dates
		12/3/97
				List all Filings