Security Agreement For Stock Purchase

9. Other insurance. Pledgor, at the company`s request, will execute and provide such other documents and will take other steps that the company will reasonably request to enhance and maintain the company`s security interest in collateral or some of those assets. 6. Adaptations. In the event that, during the term of this guarantee agreement, any dividend, reclassification, reclassification, adjustment, stock splitting or any other changes to collateral or, if warrants or other rights are made, are made: Options or securities issued with respect to securities (the “additional securities”) are all new shares, replaced and/or additional issued as a result of such a change or the exercise of such warrants, rights, options or securities (if delivered to Pledgor, immediately handed over to the company and) to the company to be held under the terms of this agreement and held in the same manner as the guarantees. 2. Guarantees and guarantees of guarantees. Pledgor assures and guarantees the company that Pledgor has a good title (both in design and utility) of security, free and free from claims, commitments, interest in security, warranty, pledges or charges of all kinds, and that Pledgor has the right to guarantee and grant the company the interest in the security of the security granted under this agreement. Pledgor also agrees that, until all amounts liability are paid in accordance with the purchaser`s disclosure and obligations arising from this collateral agreement, all of the buyer`s obligations have been fulfilled, the buyer will not sell, transfer or transfer or grant to the collaterals, without the prior written consent of the entity (i) or create or create security interests, pledges, pledges, receivables, receivables or other charges on any of the guarantees, or (iii) to grant or create interest on any of the guarantees during the duration of this pawning contract, an investment, a tax or a legal obligation.

1. creating security interests. In accordance with the provisions of the California Commercial Code Pledgor, the Company appropriately grants a primary and present security interest for (i) the shares, (ii) all dividends (as indicated in Section 5 of this agreement) and (iii) to all additional securities (as defined in Section 6 of this agreement) and (iv) to these additional guarantees listed in Schedule A, in order to ensure, if applicable, payment of the note and the performance of all Pledgor obligations in accordance with this undertaking agreement. Pledgor heres all this delivers to Common Stock Zertifikat (s) No (s). which represents all shares with one or more stock powers for each certificate provided in the form attached to the sales contract and executed in due form by the pledgor and pledgor spouses (with the date and number of empty shares). For the purposes of this guarantee agreement, shares, all dividends, all additional guarantees and additional guarantees are collectively referred to as “collateral.” Pledgor agrees that the security is filed and held with the trust holder (as defined in the sales contract) and that, notwithstanding the contrary provisions of the sales contract, Escrow Holder acts exclusively for the company as a enforcement companion for the performance of the provisions of the trading contract. 3. Delay fees. In the event of a default under the note, the entity has the full power to sell, deliver and sell or sell, at the entity`s choice, all or part of the guarantee, at the entity`s choice, in a broker exchange or in any place, public or private, in order to fulfill part of The pledgor obligations that currently exist under the notification or under this agreement. In the case of such a sale, the entity or its beneficiaries of the transfer may acquire all or part of the security.

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