Common use of Pledged Debt Securities Clause in Contracts

Pledged Debt Securities. None. Footnote continued from previous page. 3 Constar Foreign Holdings, Inc. will only own a 55% interest in Constar Ambalaj Sanayi Ve Ticaret S.A. SUPPLEMENT NO. [ ] dated as of [ ], to the PLEDGE AGREEMENT (the “Pledge Agreement”) dated as of November , 2002, among CONSTAR INTERNATIONAL INC., a Delaware corporation (the “Borrower”), each Domestic Subsidiary of Borrower listed on Schedule I thereto (collectively, together with each Domestic Subsidiary that becomes a party hereto pursuant to Section 24 of the Pledge Agreement, the “Subsidiary Guarantors” and, together with Borrower, the “Pledgors”) and CITICORP NORTH AMERICA, INC., as collateral agent (in such capacity, the “Collateral Agent”) for the Secured Parties (as defined in the Security Agreement (as defined in the Pledge Agreement)).