No Pledge or Security Interest. The purpose of the Company's retention of Executive's stock certificates and executed stock powers is solely to facilitate the repurchase provisions set forth in SECTION 4 herein and does not constitute a pledge by Executive of, or the granting of a security interest in, the underlying stock.
Appears in 4 contracts
Sources: Senior Management Agreement (Digitalnet Holdings Inc), Senior Management Agreement (Digitalnet Holdings Inc), Senior Management Agreement (Digitalnet Holdings Inc)