INTELLECTUAL PROPERTY SECURITY AGREEMENT

                    INTELLECTUAL PROPERTY SECURITY AGREEMENT

     INTELLECTUAL  PROPERTY  SECURITY  AGREEMENT (this  "Agreement"  dated as of
November  30,  2006,  by  and  among  Wellstar   International  Inc.,  a  Nevada
corporation (the "Company"),  and the secured parties signatory hereto and their
respective  endorsees,  transferees  and  assigns  (collectively,  the  "Secured
Party").

                              W I T N E S S E T H :

     WHEREAS,  pursuant  to a  Securities  Purchase  Agreement,  dated  the date
hereof,  between  Company  and the  Secured  Party (the  "Purchase  Agreement"),
Company  has  agreed to issue to the  Secured  Party and the  Secured  Party has
agreed to  purchase  from  Company  certain of  Company's  8%  Callable  Secured
Convertible  Notes, due three years from the date of issue (the "Notes"),  which
are convertible into shares of Company's Common Stock, par value $.001 per share
(the "Common Stock"). In connection  therewith,  Company shall issue the Secured
Party certain Common Stock purchase warrants (the "Warrants"); and

     WHEREAS,  in order to induce  the  Secured  Party to  purchase  the  Notes,
Company has agreed to execute and  deliver to the Secured  Party this  Agreement
for the  benefit  of the  Secured  Party  and to  grant  to it a first  priority
security interest in certain Intellectual Property (defined below) of Company to
secure the prompt payment, performance and discharge in full of all of Company's
obligations  under the Notes and  exercise  and  discharge  in full of Company's
obligations under the Warrants; and

     NOW, THEREFORE, in consideration of the agreements herein contained and for
other good and valuable  consideration,  the receipt and sufficiency of which is
hereby acknowledged, the parties hereto hereby agree as follows:

1.      Defined Terms. Unless otherwise defined herein,  terms which are defined
        in the Purchase Agreement and used herein are so used as so defined; and
        the following terms shall have the following meanings:

     "Software Intellectual Property" shall mean:

        (a) all software  programs  (including all source code,  object code and
all related applications and data files), whether now owned, upgraded, enhanced,
licensed or leased or hereafter acquired by the Company, above;

        (b) all computers and electronic data  processing  hardware and firmware
associated therewith;

        (c) all documentation  (including flow charts, logic diagrams,  manuals,
guides and specifications) with respect to such software,  hardware and firmware
described in the preceding clauses (a) and (b); and

        (d) all rights with respect to all of the foregoing,  including, without
limitation, any and all upgrades, modifications,  copyrights, licenses, options,
warranties,  service  contracts,  program  services,  test  rights,  maintenance
rights, support rights,  improvement rights, renewal rights and indemnifications
and substitutions,  replacements,  additions, or model conversions of any of the
foregoing.

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     "Copyrights" shall mean (a) all copyrights,  registrations and applications
for  registration,  issued or  filed,  including  any  reissues,  extensions  or
renewals  thereof,  by or with the United States Copyright Office or any similar
office or agency of the United States,  any state thereof,  or any other country
or political subdivision thereof, or otherwise,  including, all rights in and to
the  material  constituting  the  subject  matter  thereof,  including,  without
limitation,  any  referred  to in  Schedule B hereto,  and (b) any rights in any
material  which is  copyrightable  or which is protected  by common law,  United
States  copyright  laws or  similar  laws or any  law of any  State,  including,
without limitation, any thereof referred to in Schedule B hereto.

     "Copyright  License" shall mean any agreement,  written or oral,  providing
for a grant by the  Company of any right in any  Copyright,  including,  without
limitation, any thereof referred to in Schedule B hereto.

     "Intellectual   Property"   shall   means,   collectively,   the   Software
Intellectual Property, Copyrights, Copyright Licenses, Patents, Patent Licenses,
Trademarks, Trademark Licenses and Trade Secrets.

     "Obligations"  means all of the Company's  obligations under this Agreement
and the Notes,  in each case,  whether now or hereafter  existing,  voluntary or
involuntary,   direct  or  indirect,  absolute  or  contingent,   liquidated  or
unliquidated,  whether or not jointly owed with others,  and whether or not from
time to time decreased or extinguished and later decreased, created or incurred,
and all or any portion of such  obligations or liabilities that are paid, to the
extent  all or any part of such  payment is avoided  or  recovered  directly  or
indirectly  from the  Secured  Party as a  preference,  fraudulent  transfer  or
otherwise as such obligations may be amended, supplemented,  converted, extended
or modified from time to time.

     "Patents"  shall mean (a) all  letters  patent of the United  States or any
other  country  or any  political  subdivision  thereof,  and all  reissues  and
extensions thereof,  including,  without limitation,  any thereof referred to in
Schedule B hereto,  and (b) all  applications  for letters  patent of the United
States and all divisions, continuations and continuations-in-part thereof or any
other country or any political subdivision,  including,  without limitation, any
thereof referred to in Schedule B hereto.

     "Patent  License"  shall  mean all  agreements,  whether  written  or oral,
providing for the grant by the Company of any right to manufacture,  use or sell
any invention covered by a Patent,  including,  without limitation,  any thereof
referred to in Schedule B hereto.

     "Security  Agreement" shall mean the a Security  Agreement,  dated the date
hereof between Company and the Secured Party.

     "Trademarks" shall mean (a) all trademarks,  trade names,  corporate names,
company names, business names,  fictitious business names, trade styles, service
marks,  logos  and  other  source  or  business  identifiers,  and the  goodwill
associated  therewith,  now  existing  or  hereafter  adopted or  acquired,  all
registrations  and  recordings  thereof,  and  all  applications  in  connection


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therewith,  whether in the United States  Patent and Trademark  Office or in any
similar  office or agency of the United  States,  any state thereof or any other
country or any political subdivision thereof, or otherwise,  including,  without
limitation,  any thereof referred to in Schedule B hereto, and (b) all reissues,
extensions or renewals thereof.

     "Trademark  License" shall mean any agreement,  written or oral,  providing
for the  grant by the  Company  of any  right to use any  Trademark,  including,
without limitation, any thereof referred to in Schedule B hereto.

     "Trade  Secrets" shall mean common law and statutory  trade secrets and all
other  confidential  or  proprietary  or  useful  information  and all  know-how
obtained by or used in or  contemplated  at any time for use in the  business of
the Company (all of the foregoing being  collectively  called a "Trade Secret"),
whether or not such Trade Secret has been reduced to a writing or other tangible
form,  including all documents and things embodying,  incorporating or referring
in any way to such Trade Secret, all Trade Secret licenses, including each Trade
Secret license referred to in Schedule B hereto,  and including the right to sue
for  and to  enjoin  and  to  collect  damages  for  the  actual  or  threatened
misappropriation  of any Trade Secret and for the breach or  enforcement  of any
such Trade Secret license.

     2. Grant of Security  Interest.  In  accordance  with  Section  3(m) of the
Security Agreement,  to secure the complete and timely payment,  performance and
discharge in full,  as the case may be, of all of the  Obligations,  the Company
hereby, unconditionally and irrevocably, pledges, grants and hypothecates to the
Secured Party, a continuing  security interest in, a continuing first lien upon,
an  unqualified  right to possession  and  disposition of and a right of set-off
against,  in each  case  to the  fullest  extent  permitted  by law,  all of the
Company's right,  title and interest of whatsoever kind and nature in and to the
Intellectual Property (the "Security Interest").

     3.  Representations  and  Warranties.  The Company  hereby  represents  and
warrants, and covenants and agrees with, the Secured Party as follows:

        (a) The Company has the requisite corporate power and authority to enter
into this Agreement and otherwise to carry out its obligations  thereunder.  The
execution,  delivery and  performance  by the Company of this  Agreement and the
filings  contemplated  therein have been duly authorized by all necessary action
on the part of the  Company and no further  action is  required by the  Company.
This Agreement  constitutes a legal, valid and binding obligation of the Company
enforceable  in  accordance  with its  terms,  except as  enforceability  may be
limited by bankruptcy,  insolvency,  reorganization,  moratorium or similar laws
affecting the enforcement of creditor's rights generally.

        (b) The Company represents and warrants that it has no place of business
or offices  where its  respective  books of account  and records are kept (other
than temporarily at the offices of its attorneys or accountants) or places where
the Intellectual Property is stored or located,  except as set forth on Schedule
A attached hereto;

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        (c) The Company is the sole owner of the  Intellectual  Property (except
for  non-exclusive  licenses  granted by the Company in the  ordinary  course of
business), free and clear of any liens, security interests, encumbrances, rights
or claims,  and is fully  authorized  to grant the  Security  Interest in and to
pledge the  Intellectual  Property,  except as set forth on Schedule D. There is
not on file in any  governmental  or regulatory  authority,  agency or recording
office an effective financing statement, security agreement, license or transfer
or any notice of any of the foregoing  (other than those that have been filed in
favor of the Secured Party pursuant to this Agreement) covering or affecting any
of the Intellectual Property, except as set forth on Schedule D. So long as this
Agreement  shall be in  effect,  the  Company  shall not  execute  and shall not
knowingly  permit to be on file in any such office or agency any such  financing
statement  or other  document  or  instrument  (except  to the  extent  filed or
recorded in favor of the Secured Party pursuant to the terms of this Agreement),
except as set forth on Schedule D or for a financing  statement  covering assets
acquired by the Company  after the date hereof,  provided  that the value of the
Intellectual  Property  covered by this Agreement  along with the Collateral (as
defined in the Security Agreement) is equal to at least 150% of the Obligations.

        (d) The  Company  shall at all times  maintain  its books of account and
records relating to the Intellectual Property at its principal place of business
and its Intellectual  Property at the locations set forth on Schedule A attached
hereto and may not relocate such books of account and records unless it delivers
to the  Secured  Party at least 30 days  prior to such  relocation  (i)  written
notice of such relocation and the new location thereof (which must be within the
United  States) and (ii) evidence that the necessary  documents  have been filed
and recorded and other steps have been taken to perfect the Security Interest to
create in favor of the Secured  Party  valid,  perfected  and  continuing  first
priority liens in the Intellectual  Property to the extent they can be perfected
through such filings.

        (e)  This  Agreement  creates  in  favor  of the  Secured  Party a valid
security  interest  in  the  Intellectual  Property  securing  the  payment  and
performance of the Obligations and, upon making the filings required  hereunder,
a perfected first priority security  interest in such  Intellectual  Property to
the extent that it can be perfected through such filings.

        (f) Upon request of the Secured  Party,  the Company  shall  execute and
deliver  any and all  agreements,  instruments,  documents,  and  papers  as the
Secured Party may request to evidence the Secured Party's  security  interest in
the  Intellectual  Property  and the  goodwill  and general  intangibles  of the
Company relating thereto or represented thereby, and the Company hereby appoints
the Secured Party its attorney-in-fact to execute and file all such writings for
the  foregoing  purposes,  all acts of such attorney  being hereby  ratified and
confirmed;  such power being coupled with an interest is  irrevocable  until the
Obligations have been fully satisfied and are paid in full.

        (g)  Except as set forth on  Schedule  D, the  execution,  delivery  and
performance  of this  Agreement  does not  conflict  with or  cause a breach  or
default,  or an event that with or without the passage of time or notice,  shall
constitute  a breach or default,  under any  agreement to which the Company is a
party  or by  which  the  Company  is  bound.  No  consent  (including,  without
limitation,  from stock holders or creditors of the Company) is required for the
Company to enter into and perform its obligations hereunder.

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        (h) The  Company  shall at all times  maintain  the  liens and  Security
Interest  provided for hereunder as valid and perfected first priority liens and
security  interests  in the  Intellectual  Property  to the  extent  they can be
perfected by filing in favor of the Secured  Party until this  Agreement and the
Security Interest  hereunder shall terminate pursuant to Section 11. The Company
hereby agrees to defend the same against any and all persons.  The Company shall
safeguard and protect all  Intellectual  Property for the account of the Secured
Party.  Without limiting the generality of the foregoing,  the Company shall pay
all  fees,  taxes and other  amounts  necessary  to  maintain  the  Intellectual
Property and the Security Interest  hereunder,  and the Company shall obtain and
furnish to the  Secured  Party from time to time,  upon  demand,  such  releases
and/or  subordinations of claims and liens which may be required to maintain the
priority of the Security Interest hereunder.

        (i) The  Company  will  not  transfer,  pledge,  hypothecate,  encumber,
license  (except  for  non-exclusive  licenses  granted  by the  Company  in the
ordinary  course  of  business),  sell  or  otherwise  dispose  of  any  of  the
Intellectual  Property  without the prior written  consent of the Secured Party,
which consent will not be unreasonably withheld.

        (j) The  Company  shall,  within  ten (10) days of  obtaining  knowledge
thereof,  advise the  Secured  Party  promptly,  in  sufficient  detail,  of any
substantial  change in the Intellectual  Property,  and of the occurrence of any
event  which  would  have  a  material  adverse  effect  on  the  value  of  the
Intellectual Property or on the Secured Party's security interest therein.

        (k) The Company shall permit the Secured  Party and its  representatives
and agents to inspect the Intellectual  Property at any time, and to make copies
of records  pertaining to the  Intellectual  Property as may be requested by the
Secured Party from time to time.

        (l) The Company will take all steps  reasonably  necessary to diligently
pursue and seek to preserve,  enforce and collect any rights,  claims, causes of
action and accounts receivable in respect of the Intellectual Property.

        (m) The Company  shall  promptly  notify the Secured Party in sufficient
detail upon becoming aware of any  attachment,  garnishment,  execution or other
legal  process  levied  against  any  Intellectual  Property  and of  any  other
information  received by the Company that may materially affect the value of the
Intellectual  Property,  the Security Interest or the rights and remedies of the
Secured Party hereunder.

        (n) All  information  heretofore,  herein or  hereafter  supplied to the
Secured  Party by or on behalf of the Company with  respect to the  Intellectual
Property  is  accurate  and  complete  in all  material  respects as of the date
furnished.

        (o)  Schedule  A  attached   hereto  contains  a  list  of  all  of  the
subsidiaries of Company.

        (p) Schedule B attached  hereto  includes all Licenses,  and all Patents
and Patent Licenses, if any, owned by the Company in its own name as of the date
hereof.  Schedule B hereto  includes all Trademarks and Trademark  Licenses,  if


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any,  owned by the  Company  in its own name as of the date  hereof.  Schedule B
hereto  includes all  Copyrights  and Copyright  Licenses,  if any, owned by the
Company in its own name as of the date  hereof.  Schedule B hereto  includes all
Trade Secrets and Trade Secret Licenses,  if any, owned by the Company as of the
date hereof.  To the best of the  Company's  knowledge,  each  License,  Patent,
Trademark,   Copyright  and  Trade  Secret  is  valid,  subsisting,   unexpired,
enforceable and has not been abandoned.  Except as set forth in Schedule B, none
of such  Licenses,  Patents,  Trademarks,  Copyrights  and Trade  Secrets is the
subject of any  licensing or franchise  agreement.  To the best of the Company's
knowledge,   no  holding,   decision  or  judgment  has  been  rendered  by  any
Governmental  Body which would  limit,  cancel or question  the  validity of any
License, Patent, Trademark, Copyright and Trade Secrets . Except as set forth in
Schedule B, no action or proceeding  is pending (i) seeking to limit,  cancel or
question  the  validity of any License,<