Stock Pledge Agreement Sample

B. Pledgor agreed that repayment of the loan would be ensured by pledging the shares under that pledge agreement and, if requested by the company, by certain other more detailed guarantees set out in Appendix A (the “Additional Guarantees”). 12. amendment; The whole deal. This pledge agreement shall not be amended without the written consent of both parties. This Pledging Agreement, together with the notification and all UCC-1 funding statements submitted by the Company, constitute the entire agreement entered into by the parties with respect to the subject matter of the Contract and supersede all prior agreements and understandings relating to that subject matter. 2. insurance, guarantees and insurance relating to guarantees. Pledgor represents and warrants to the Company that Pledgor has good ownership (registered and advantageous) of the security rights, free and free from any claim, pledge, security, pledge or en charges of any kind whatsoever, and that Pledgor has the right to pledge and grant the Company the right of security granted under this pledge agreement. Notwithstanding this pledging agreement, Pledgor has the right to vote, subject to any voting commitment issued by Pledgor, provided that Pledgor is the owner of the shares and that no event of default has occurred in connection with the obligation. 1) the creation of a safeguard interest. In accordance with the provisions of the California Commercial Code, Pledgor grants the Company a first and current warranty right in (i) the Shares, (ii) all dividends (as defined in Section 5) and (iii) all additional securities (as defined in Section 6) and (iv) such additional warranties listed in Appendix A, where applicable, to enable the payment of the obligation and the performance of all of Pledgor`s obligations arising from this pledge agreement if.

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