Common use of Creation of the Pledge Clause in Contracts

Creation of the Pledge. As continuing security for the due and full payment, discharge and performance of the Relevant Secured Liabilities, the Pledgor hereby pledges to the Pledgee the Relevant Pledged Assets which are at present or are in the future deposited in the relevant Non- CmaX Pledged Account and hereby grants to the Pledgee a Pledge (gage) over such Relevant Pledged Assets. The Third-Party CM Account Holder hereby acknowledges the Pledge created by the Pledgor in favour of the Pledgee in relation to the Relevant Pledged Assets deposited from time to time to the credit of the relevant Non-CmaX Pledged Account pursuant to, and in accordance with, this Schedule 2, and hereby acknowledges and confirms to hold such Relevant Pledged Assets from time to time standing to the credit of the relevant Non-CmaX Pledged Account for the benefit of the Pledgor, as owner of the Relevant Pledged Assets and pledgor, and Eurex Clearing AG, as pledgee.

Creation of the Pledge. As continuing security for the due and full payment, discharge and performance of the Relevant Secured Liabilities, the Pledgor hereby pledges to the Pledgee all the Relevant Pledged Assets which are at present or are in the future deposited in the relevant Non- CmaX Pledged Account Account(s) and hereby grants to the Pledgee a the Pledge (gage) over such Relevant Pledged Assets. The Third-Party CM Account Holder hereby acknowledges the Pledge created by the Pledgor in favour of the Pledgee in relation to the Relevant Pledged Assets deposited from time to time to the credit of the relevant Non-CmaX Pledged Account pursuant to, and in accordance with, this Schedule 2, 2 and hereby acknowledges and confirms to hold such Relevant Pledged Assets from time to time standing to the credit of the relevant Non-CmaX Pledged Account for the benefit of the Pledgor, as owner of the Relevant Pledged Assets and pledgor, and Eurex Clearing AG, as pledgee.

Creation of the Pledge. As continuing first ranking security for the due and full payment, discharge and performance of the Relevant Secured Liabilities, the Pledgor hereby pledges to the Pledgee all the Relevant Pledged Assets which are at present or are in the future deposited in the relevant Non- CmaX Luxembourg ISA Direct Pledged Account Securities Account(s) and hereby grants to the Pledgee a Pledge first ranking security (“gage”) over such Relevant Pledged Assets. The Third-Third Party CM Account Pledge Holder hereby acknowledges the Pledge created by the Pledgor in favour of the Pledgee in relation to the Relevant Pledged Assets deposited from time to time to the credit of the relevant Non-CmaX Luxembourg ISA Direct Pledged Securities Account pursuant to, and in accordance with, this Schedule 2, and hereby acknowledges and confirms to hold such Relevant Pledged Assets from time to time standing to the credit of the relevant Non-CmaX Luxembourg ISA Direct Pledged Securities Account for the benefit of the Pledgor, as owner of the Relevant Pledged Assets and pledgor, and Eurex Clearing AG, as pledgee.

Creation of the Pledge. As continuing first ranking security for the due and full payment, discharge and performance of the Relevant Secured Liabilities, the Pledgor hereby pledges to the Pledgee all the Relevant Pledged Assets which are at present or are in the future deposited in the relevant Non- CmaX Luxembourg ISA Direct Pledged Account Securities Account(s) and hereby grants to the Pledgee a Pledge first ranking security (“gage”) over such Relevant Pledged Assets. The Third-Third Party CM Account Pledge Holder hereby acknowledges the Pledge created by the Pledgor in favour of the Pledgee in relation to the Relevant Pledged Assets deposited from time to time to the credit of the relevant Non-CmaX Luxembourg ISA Direct Pledged Securities Account pursuant to, and in accordance with, this Schedule 2, and hereby acknowledges and confirms to hold such Relevant Pledged Assets from time to time standing to the credit of the relevant Non-CmaX Luxembourg ISA Direct Pledged Securities Account for the benefit of the Pledgor, as owner of the Relevant Pledged Pledge Assets and pledgor, and Eurex Clearing AG, as pledgee.

Creation of the Pledge. As continuing security for the due and full payment, discharge and performance of the Relevant Secured Liabilities, the Pledgor hereby pledges to the Pledgee the Relevant Pledged Assets which are at present or are in the future deposited in the relevant Non- CmaX Pledged Account and hereby grants to the Pledgee a Pledge (gage) over such Relevant Pledged Assets. The Third-Party CM Account Holder hereby acknowledges the Pledge created by the Pledgor in favour of the Pledgee in relation to the Relevant Pledged Assets deposited from time to time to the credit of the relevant Non-CmaX Pledged Account pursuant to, and in accordance with, this Schedule 2, and hereby acknowledges and confirms to hold such Relevant Pledged Assets from time to time standing to the credit of the relevant Non-Non- CmaX Pledged Account for the benefit of the Pledgor, as owner of the Relevant Pledged Assets and pledgor, and Eurex Clearing AG, as pledgee.

Creation of the Pledge. As continuing security for the due and full payment, discharge and performance of the Relevant Secured Liabilities, the Pledgor hereby pledges to the Pledgee all the Relevant Pledged Assets which are at present or are in the future deposited in the relevant Non- CmaX Pledged Account Account(s) and hereby grants to the Pledgee a the Pledge (gage) over such Relevant Pledged Assets. The Third-Party CM Account Holder hereby acknowledges the Pledge created by the Pledgor in favour of the Pledgee in relation to the Relevant Pledged Assets deposited from time to time to the credit of the relevant Non-CmaX Pledged Account pursuant to, and in accordance with, this Schedule 2, 2 and hereby acknowledges and confirms to hold such Relevant Pledged Assets from time to time standing to the credit of the relevant Non-CmaX Pledged Account for the benefit of the Pledgor, as owner of the Relevant Pledged Assets and pledgor, and Eurex Clearing AG, as pledgee.