Common use of Delivery of Stock Power to Secured Parties Clause in Contracts

Delivery of Stock Power to Secured Parties. Pledgor shall deliver to the Pledgeholder, for the benefit of the Secured Parties, concurrently with the execution of this Agreement, the Pledged Shares in certificated form, along with Assignments of Corporate Shares in the form of Exhibit "2" attached hereto and incorporated herein by this reference ("Stock Assignments"), signed by Pledgor, in blank. The Stock Assignments shall cover 2,800,000 Pledged Shares, 1,733,333 Pledged Shares and 3,466,667 Pledged Shares, such Stock Assignments to be used by the Pledgeholder for the benefit of the Secured Parties in accordance with the terms of this Agreement.