Subsequently Acquired Securities. If the Pledgor shall acquire (by or through purchase, stock dividend, distribution of capital, any event referred to in Section 6 hereof, or otherwise) any additional shares of capital stock or other securities of Parent or Molecular Diagnostics, Inc., a Delaware corporation ("MDI"), whether within or without any Brokerage Account, or of any other issuer within the Brokerage Account, then the Pledgor will forthwith pledge and deposit the same as security for all Obligations with the Pledgee and deliver to the Pledgee (if available) certificates or instruments evidencing same, accompanied by stock power(s) duly executed in blank by the Pledgor or such other instruments of transfer as are acceptable to the Pledgee covering the same.
Appears in 3 contracts
Sources: Pledge and Security Agreement (Elxsi Corp /De//), Pledge and Security Agreement (Elxsi Corp /De//), Pledge and Security Agreement (Elxsi Corp /De//)