Common use of Stock Dividends, Distributions, Etc Clause in Contracts

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock dividend or a distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation, or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option or rights, whether by purchase or other acquisition or as an addition to, in substitution of, or in exchange for any shares of any Pledged Stock, the Pledgor agrees to accept the same as agent of the Lender and to hold the same in trust on behalf of and for the benefit of the Lender, and to deliver the same forthwith to the Lender in the exact form received, with the endorsement of the Pledgor when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by the Lender, subject to the terms hereof, as additional collateral security for the Liabilities. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in case any distributions of capital shall be made on or in respect of the Pledged Stock or any property shall be distributed upon or with respect to the Pledged Stock pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender to be held by it as additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof). All sums of money and property so paid or distributed in respect of the Pledged Stock which are received by the Pledgor shall, until paid or delivered to the Lender, be held by the Pledgor in trust as additional collateral security for the Liabilities.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock or membership interest certificate (including, without limitation, any certificate representing a stock dividend or membership interest dividend, a stock split or a stock or membership interest distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockCollateral, the or otherwise, Pledgor agrees to accept the same as Pledgee's agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderPledgee, and to deliver the same forthwith to the Lender Pledgee in the exact form received, with the endorsement of the Pledgor when necessary and/or appropriate undated stock and/or transfer or membership interest, as applicable, powers duly executed in blank, to be held by Pledgee, for the Lenderbenefit of Pledgee and the Lenders, subject to the terms hereof, as additional collateral security for the LiabilitiesPledged Collateral. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital stock or membership interests shall be made on or in respect of the Pledged Stock Collateral or any property shall be distributed upon or with respect to the Pledged Stock Collateral pursuant to the recapitalization or reclassification of the capital stock or membership interest of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Pledgee to be held by it as additional collateral security for the Liabilities (except Pledged Collateral. Except as otherwise provided in Section 5 hereof). All subsection 5(a)(ii) below, all sums of money and property so paid or distributed in respect of the Pledged Stock Collateral which are received by the Pledgor shall, until paid or delivered to the LenderPledgee, be held by the Pledgor in trust as additional collateral security for the LiabilitiesPledged Collateral.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the any Pledgor shall become entitled to receive or shall receive any stock certificate representing Equity Interests constituting Pledged Collateral (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares, the or otherwise, such Pledgor agrees to accept the same as the Collateral Agent’s agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderCollateral Agent, and to deliver the same forthwith to the Lender Collateral Agent in the exact form received, with the endorsement of the such Pledgor when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by the LenderCollateral Agent, for the benefit of the Secured Creditors, subject to the terms hereof, as additional collateral security for the LiabilitiesPledged Collateral. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital shall be made on or in respect of the Pledged Stock Shares or any property shall be distributed upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Collateral Agent to be held by it as additional collateral security for the Liabilities (except Pledged Collateral. Except as otherwise provided in Section 5 hereof). All subsection 5(a)(ii) below, all sums of money and property so paid or distributed in respect of the Pledged Stock Shares which are received by the such Pledgor shall, until paid or delivered to the LenderCollateral Agent, be held by the such Pledgor in trust as additional collateral security for the LiabilitiesPledged Collateral.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares, the or otherwise, Pledgor agrees to accept the same as Pledgee’s agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderPledgee, and to deliver the same forthwith to the Lender Pledgee in the exact form received, with the endorsement of the Pledgor when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by Pledgee, for the Lenderbenefit of Pledgee and the Lenders, subject to the terms hereof, as additional collateral security for the LiabilitiesPledged Collateral. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital shall be made on or in respect of the Pledged Stock Shares or any property shall be distributed upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Pledgee to be held by it as additional collateral security for the Liabilities (except Pledged Collateral. Except as otherwise provided in Section 5 hereof). All subsection 5(a)(ii) below, all sums of money and property so paid or distributed in respect of the Pledged Stock Shares which are received by the Pledgor shall, until paid or delivered to the LenderPledgee, be held by the Pledgor in trust as additional collateral security for the LiabilitiesPledged Collateral.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, capital or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares, the or otherwise, Pledgor agrees to accept the same as Pledgee's agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderPledgee, and to deliver the same forthwith to the Lender Pledgee in the exact form received, with the endorsement of the Pledgor when necessary and/or or appropriate undated stock and/or transfer powers duly executed in blank, to be held by the LenderPledgee, subject to the terms hereof, as additional collateral security for the LiabilitiesPledged Collateral. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in case If any distributions distribution of capital shall be made on or in respect of the Pledged Stock Shares or any property shall be distributed upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Pledgee to be held by it as additional collateral security for the Liabilities (except Pledged Collateral. Except as otherwise provided in Section 5 hereof). All 6(a)(ii) below, all sums of money and property so paid or distributed in respect of the Pledged Stock Shares which are received by the Pledgor shall, until paid or delivered to the Lenderby Pledgee, be held by the Pledgor in trust as additional collateral security for the LiabilitiesPledged Collateral.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the a Pledgor shall become entitled to receive or shall receive (i) any stock certificate (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares or otherwise, the each Pledgor agrees agrees, in each case, to accept the same as Pledgee's agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderPledgee, and to deliver the same forthwith promptly (but in any event within five days) to the Lender Pledgee in the exact form received, with the endorsement of the applicable Pledgor when necessary and/or with appropriate undated assignments separate from certificates or stock and/or transfer powers duly executed in blank, to be held by the Lender, Pledgee subject to the terms hereof, as additional collateral security for the LiabilitiesObligations. Any sums paid upon The applicable Pledgor shall promptly deliver to Pledgee (i) a Pledge Addendum with respect to such additional stock certificates, and (ii) any financing statements or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over amendments to the Lender financing statements as requested by Pledgee. Each Pledgor hereby authorizes Pledgee to be held by it in trust as additional collateral security for the Liabilities; and in attach each such Pledge Addendum to this Agreement. In case any distributions distribution of capital shall be made on or in respect of the Pledged Stock Shares or any property shall be distributed upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Pledgee to be held by it as additional collateral security for the Liabilities (except Pledged Collateral. Except as otherwise provided in Section 5 hereof). All 5(b) below, all sums of money and property so paid or distributed in respect of the Pledged Stock Shares which are received by the Pledgor shall, until paid or delivered to the LenderPledgee, be held by the Pledgor in trust as additional collateral security for the LiabilitiesPledged Collateral.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor Company shall become entitled to receive or shall receive any stock certificate or other security in respect of the Pledged Stock (including, without limitation, any certificate representing a stock dividend or a distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger reorganization or consolidationmerger), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), any option or rightsrights with respect thereto, whether by purchase or other acquisition or as an addition to, in substitution of, or in exchange for any shares of any Pledged Stock, or otherwise, the Pledgor Company agrees to accept the same as the Collateral Agent’s agent of the Lender and to hold the same in trust on behalf of and the Collateral Agent for the benefit of the Lender, Holders and to deliver the same forthwith to the Lender Collateral Agent in the exact form received, with the endorsement of the Pledgor Company when necessary and/or the appropriate undated stock and/or transfer stock, bond or other appropriate powers duly executed in blank, to be held by the LenderCollateral Agent, for the benefit of the Holders, subject to the terms hereof, as additional collateral security Pledged Security for the LiabilitiesSecured Obligations. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender Collateral Agent to be held by it in trust as additional collateral security Pledged Security for the Liabilities; Secured Obligations, and in case any distributions distribution of capital shall be made on or in respect of the Pledged Stock or any property shall be distributed upon or with respect to the Pledged Stock pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall shall, subject to the provisions of Section 6, be delivered to the Lender Collateral Agent to be held by it as additional collateral security Pledged Security for the Liabilities (except as otherwise provided in Section 5 hereof)Secured Obligations. All sums of money and property so paid or distributed in respect of the Pledged Stock which are received by the Pledgor Company shall, until paid or delivered to the LenderCollateral Agent, be held by the Pledgor Company in trust as additional collateral security Pledged Security for the LiabilitiesSecured Obligations.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares or otherwise, the Pledgor agrees to accept the same as Pledgee's agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderPledgee, and to deliver the same forthwith to the Lender Pledgee in the exact form received, with the endorsement of the Pledgor when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by the Lender, subject to the terms hereof, Pledgee as additional collateral security for the Liabilities. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital shall be made to Pledgor on or in respect of the Pledged Stock Shares or any property shall be distributed to Pledgor upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization reorganization, merger or consolidation thereof, the property so distributed shall be delivered delivered, to the Lender extent permitted pursuant to be held by it as the Credit Agreement and provided no Event of Default exists and is continuing, to Pledgor and will constitute additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof)Liabilities. All Upon the occurrence and during the continuance of an Event of Default and at the request of Pledgee at the direction of the Required Lenders, all sums of money and property so paid or distributed shall be paid to Pledgee and applied in respect accordance with the terms and provisions of the Pledged Stock which are received by the Pledgor shall, until paid or delivered to the Lender, be held by the Pledgor in trust as additional collateral security for the LiabilitiesCredit Agreement.

Stock Dividends, Distributions, Etc. If, while this ----------------------------------- Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares, the or otherwise, Pledgor agrees to accept the same as Agent's agent of the Lender and to hold the same in trust for Agent, on behalf of and for the benefit of the LenderLenders, and to deliver the same forthwith to Agent on behalf of Agent, as the Lender case may be, in the exact form received, with the endorsement of the Pledgor when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by the LenderAgent, on behalf of Lenders, subject to the terms hereof, hereof as additional collateral security for the Liabilities. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital shall be made on or in respect of the Pledged Stock Shares or any property shall be distributed upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Agent to be held by it as additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof)Liabilities. All sums of money and property so paid or distributed in respect of the Pledged Stock Shares which are received by the any Pledgor shall, until paid or delivered to the LenderAgent, be held by the such Pledgor in trust as additional collateral security for the Liabilities.

Stock Dividends, Distributions, Etc. If, while this Agreement --------------------------------------- is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision any options or other like change of the Pledged Stock or otherwise received rights representing equity interests in exchange therefor), option or rightsBorrower, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares or otherwise, the then Pledgor agrees to accept the same as Pledgee's agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderPledgee, and to deliver the same forthwith to the Lender Pledgee in the exact form received, with the endorsement indorsement of the Pledgor when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by the Lender, subject to the terms hereof, Pledgee as additional collateral security for the LiabilitiesCollateral. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital shall be made to Pledgor on or in respect of the Pledged Stock Shares or any property shall be distributed to Pledgor upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization reorganization, merger or consolidation thereof, the property so distributed shall be delivered by Pledgor to the Lender Pledgee to be held by it Pledgee as additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof)Collateral. All sums of money and property so paid or distributed in respect of the Pledged Stock Shares which are received by Pledgor (except as expressly permitted under subsection 3.5(c) of the Pledgor Credit Agreement) or 3(b)6 above shall, until paid or delivered to the LenderPledgee, be held by the Pledgor in trust as additional collateral security for the LiabilitiesCollateral.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate or other membership interest certificate evidencing an equity interest in an Issuer (including, without limitation, any certificate representing a stock dividend or a distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockInterests, the Pledgor agrees to accept the same as Pledgee’s agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderPledgee, and to deliver the same forthwith to the Lender Pledgee in the exact form received, with the endorsement of the Pledgor when necessary and/or appropriate undated stock and/or transfer powers assignments separate from certificate duly executed in blank, to be held by Pledgee, for the Lenderbenefit of Pledgee and the Lenders, subject to the terms hereof, as additional collateral security for the LiabilitiesPledged Collateral. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital shall be made on or in respect of the Pledged Stock Interests or any property shall be distributed upon or with respect to the Pledged Stock Interests pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Pledgee to be held by it as additional collateral security for the Liabilities (except Pledged Collateral. Except as otherwise provided in Section 5 hereof). All subsection 5(a)(ii) below, all sums of money and property so paid or distributed in respect of the Pledged Stock Interests which are received by the Pledgor shall, until paid or delivered to the LenderPledgee, be held by the Pledgor in trust as additional collateral security for the LiabilitiesPledged Collateral.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the any Pledgor shall become entitled to receive or shall receive any stock certificate representing Equity Interests constituting Pledged Collateral (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares, the or otherwise, such Pledgor agrees to accept the same as the Collateral Agent’s agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderCollateral Agent, and to deliver the same forthwith to the Lender Collateral Agent in the exact form received, with the endorsement of the such Pledgor when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by the LenderCollateral Agent, for the benefit of the Secured Creditors, subject to the terms hereof, as additional collateral security for the LiabilitiesPledged Collateral. Any sums paid upon or Except as provided in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and Section 5(a)(ii), in case any distributions distribution of capital shall be made on or in respect of the Pledged Stock Shares or any property shall be distributed upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Collateral Agent to be held by it as additional collateral security for the Liabilities (except Pledged Collateral. Except as otherwise provided in Section 5 hereof). All 5(a)(ii) below, all sums of money and property so paid or distributed in respect of the Pledged Stock Shares which are received by the such Pledgor shall, until paid or delivered to the LenderCollateral Agent, be held by the such Pledgor in trust as additional collateral security for the LiabilitiesPledged Collateral.

Stock Dividends, Distributions, Etc. If, while this Agreement ------------------------------------ is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares or otherwise, the Pledgor agrees to accept the same as Pledgee's agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderPledgee, and to deliver the same forthwith to the Lender Pledgee in the exact form received, with the endorsement indorsement of the Pledgor when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by the Lender, subject to the terms hereof, Pledgee as additional collateral security for the Liabilities. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital shall be made to Pledgor on or in respect of the Pledged Stock Shares or any property shall be distributed to Pledgor upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization reorganization, merger or consolidation thereof, the property so distributed shall be delivered delivered, to the Lender extent permitted pursuant to be held by it as the Credit Agreement and provided no Event of Default exists and is continuing, to Pledgor and will constitute additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof)Liabilities. All Upon the occurrence and during the continuance of an Event of Default and at the request of Pledgee at the direction of the Required Lenders, all sums of money and property so paid or distributed shall be paid to Pledgee and applied in respect accordance with the terms and provisions of the Pledged Stock which are received by the Pledgor shall, until paid or delivered to the Lender, be held by the Pledgor in trust as additional collateral security for the LiabilitiesCredit Agreement.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate or other membership interest certificate evidencing an equity interest in an Pledged Entity or any other Person (including, without limitation, any certificate representing a stock dividend or a distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockInterests, the Pledgor agrees to accept the same as Pledgee’s agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderPledgee, and to deliver the same forthwith to the Lender Pledgee in the exact form received, with the endorsement of the Pledgor when necessary and/or appropriate undated stock and/or transfer powers assignments separate from certificate duly executed in blank, to be held by Pledgee, for the Lenderbenefit of Pledgee and the Lenders, subject to the terms hereof, as additional collateral security for the LiabilitiesPledged Collateral. Any sums paid upon Pledgor shall promptly deliver to Pledgee (i) a pledge amendment, duly executed by Pledgor, in form and substance satisfactory to Pledgee (a “Pledge Amendment”) with respect to such additional stock certificates, and (ii) any financing statements or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over amendments to the Lender financing statements as requested by Pledgee. Pledgor hereby authorizes Pledgee to be held by it in trust as additional collateral security for the Liabilities; and in attach each Pledge Amendment to this Agreement. In case any distributions distribution of capital shall be made on or in respect of the Pledged Stock Interests or any property shall be distributed upon or with respect to the Pledged Stock Interests pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Pledgee to be held by it as additional collateral security for the Liabilities (except Pledged Collateral. Except as otherwise provided in Section 5 hereof). All subsection 5(a)(ii) below, all sums of money and property so paid or distributed in respect of the Pledged Stock Interests which are received by the Pledgor shall, until paid or delivered to the LenderPledgee, be held by the Pledgor in trust as additional collateral security for the LiabilitiesPledged Collateral.

Stock Dividends, Distributions, Etc. If, while ----------------------------------- this Agreement is in effect, the any Pledgor shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares, the or otherwise, such Pledgor agrees to accept the same as Agent's agent of the Lender and to hold the same in trust for Agent, on behalf of and for the benefit of the LenderLenders, and to deliver the same forthwith to Agent on behalf of Agent, as the Lender case may be, in the exact form received, with the endorsement of the such Pledgor when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by the LenderAgent, on behalf of Lenders, subject to the terms hereof, as additional collateral security for the Liabilities. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust hereof as additional collateral security for the Liabilities; provided, -------- however, that Pledgors shall not be required to deliver any such ------- stock certificate to the extent that Agent would, as a consequence thereof, hold stock certificates evidencing more than 65% of the issued and outstanding shares of capital stock of any Foreign Subsidiary. Subject to Section 3.5 of the Credit ----------- Agreement, in case any distributions distribution of capital shall be made on or in respect of the Pledged Stock Shares or any property shall be distributed upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender to be held by it as additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof). All Pledgor and all such sums of money and property so paid or distributed in respect of the Pledged Stock Shares which are received by the any Pledgor shall, until paid or delivered to the Lender, shall be held by the Pledgor applied as provided in trust as additional collateral security for the Liabilities.Section 3.5 of this Agreement. -----------

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the any Pledgor shall become entitled to receive or shall receive any stock certificate representing Capital Stock constituting Pledged Collateral (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares, the or otherwise, such Pledgor agrees to accept the same as the Collateral Agent’s agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderCollateral Agent, and to deliver the same forthwith to the Lender Collateral Agent in the exact form received, with the endorsement of the such Pledgor when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by the LenderCollateral Agent, for the benefit of the Secured Parties, subject to the terms hereof, as additional collateral security for the LiabilitiesPledged Collateral. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital shall be made on or in respect of the Pledged Stock Shares or any property shall be distributed upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, during the continuation of an Event of Default the property so distributed shall be delivered to the Lender Collateral Agent to be held by it as additional collateral security for the Liabilities (except Pledged Collateral. Except as otherwise provided in Section 5 hereof). All subsection 5(a)(ii) below, all sums of money and property so paid or distributed in respect of the Pledged Stock Shares which are received by such Pledgor and required to be paid or turned over to the Pledgor Collateral Agent, shall, until paid or delivered to the LenderCollateral Agent, be held by the such Pledgor in trust as additional collateral security for the LiabilitiesPledged Collateral.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the any Pledgor shall become entitled to receive or shall receive any stock certificate representing Equity Interests constituting Pledged Collateral (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares, the or otherwise, such Pledgor agrees to accept the same as agent of the Lender accept, hold and to hold the same in trust on behalf of and for the benefit of the Lender, and to deliver the same forthwith to the Lender Administrative Agent in the exact form received, with the endorsement of the such Pledgor when necessary and/or appropriate and undated stock and/or transfer powers Equity Interest Powers duly executed in blank, to be held by the LenderAdministrative Agent, for the benefit of the Secured Parties, subject to the terms hereof, as additional collateral security for the LiabilitiesPledged Collateral. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital shall be made on or in respect of the Pledged Stock Shares or any property shall be distributed upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer Issuer thereof or pursuant to the reorganization thereof, in a transaction not permitted under Section 9.04 of the Credit Agreement, the property so distributed shall be delivered to the Lender Administrative Agent to be held by it as additional collateral security for the Liabilities (except Pledged Collateral. Except as otherwise provided in Section 5 hereof). All 5(a)(ii) below, all sums of money and property so paid or distributed in respect of the Pledged Stock Shares which are received by such Pledgor as described in the Pledgor immediately preceding sentence shall, until paid or delivered to the LenderAdministrative Agent, be held by the such Pledgor in trust as additional collateral security for the LiabilitiesPledged Collateral.

Stock Dividends, Distributions, Etc. If, while this Agreement --------------------------------------- is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares or otherwise, the Pledgor agrees to accept the same as Pledgee's agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderPledgee, and to deliver the same forthwith to the Lender Pledgee in the exact form received, with the endorsement indorsement of the Pledgor when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by the Lender, subject to the terms hereof, Pledgee as additional collateral security for the Liabilities. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital shall be made to Pledgor on or in respect of the Pledged Stock Shares or any property shall be distributed to Pledgor upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization reorganization, merger or consolidation thereof, the property so distributed shall be delivered delivered, to the Lender extent permitted pursuant to be held by it as the Credit Agreement and provided no Event of Default exists and is continuing, to Pledgor and will constitute additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof)Liabilities. All Upon the occurrence and during the continuance of an Event of Default and at the request of Pledgee at the direction of the Required Lenders, all sums of money and property so paid or distributed shall be paid to Pledgee and applied in respect accordance with the terms and provisions of the Pledged Stock which are received by the Pledgor shall, until paid or delivered to the Lender, be held by the Pledgor in trust as additional collateral security for the LiabilitiesCredit Agreement.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate, membership certificate or other certificate evidencing an equity interest in Pledged Collateral (including, without limitation, any certificate representing a stock dividend or a distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockInterests, the or otherwise, Pledgor agrees to accept the same as Pledgee’s agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderPledgee, and to deliver the same forthwith to the Lender Pledgee in the exact form received, with the endorsement of the Pledgor when necessary and/or appropriate undated stock and/or transfer powers assignments separate from certificate duly executed in blank, to be held by Pledgee, for the Lenderbenefit of Pledgee and the Lenders, subject to the terms hereof, as additional collateral security for the LiabilitiesPledged Collateral. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital shall be made on or in respect of the Pledged Stock Interests or any property shall be distributed upon or with respect to the Pledged Stock Interests pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Pledgee to be held by it as additional collateral security for the Liabilities (except Pledged Collateral. Except as otherwise provided in Section 5 hereof). All subsection 5(a)(ii) below, all sums of money and property so paid or distributed in respect of the Pledged Stock Interests which are received by the Pledgor shall, until paid or delivered to the LenderPledgee, be held by the Pledgor in trust as additional collateral security for the LiabilitiesPledged Collateral.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock Stock certificate (including, without limitation, any certificate representing a stock Stock dividend or a distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation, or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option or rights, whether by purchase or other acquisition or as an addition to, in substitution of, or in exchange for any shares of any Pledged Stock, or otherwise, the Pledgor agrees to accept the same as Pledgee's agent of the Lender and to hold the same in trust on behalf of and for the benefit of the Lender, Pledgee segregated from the other assets of the Pledgor and to deliver the same forthwith to the Lender Pledgee, in the exact form received, with the endorsement of the Pledgor Pledgor, when necessary and/or appropriate appropriate, to undated stock and/or transfer powers powers, duly executed in blank, to be held by the LenderPledgee, subject to the terms hereof, as additional collateral security for the LiabilitiesObligations, and such other documents as the Pledgee shall reasonably request in order to perfect the Pledgee's security interest therein. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof any Issuer shall be paid over to the Lender Pledgee, to be held by it in trust as additional collateral security for the LiabilitiesObligations; and in case any distributions distribution of capital shall be made on or in respect of the Pledged Stock or any property shall be distributed upon or with respect to the Pledged Stock pursuant to the recapitalization or reclassification of the capital of the issuer thereof any Issuer or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Pledgee, to be held by it as additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof)Obligations. All sums of money and property so paid or distributed in respect of the Pledged Stock which are received by the Pledgor shall, until paid or delivered to the LenderPledgee, be held by the Pledgor in trust trust, segregated from the other assets of the Pledgor, as additional collateral security for the LiabilitiesObligations.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate Stock (including, without limitation, any certificate representing a stock Stock dividend or a distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation, or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option or rights, whether by purchase or other acquisition or as an addition to, in substitution of, or in exchange for any shares of any Pledged Stock, or otherwise, the Pledgor agrees (a) to cause the same to be certificated, and (b) to accept the same as Agent's agent of the Lender and to hold the same in trust on behalf of and for the benefit of Agent segregated from the Lender, other assets of the Pledgor and to deliver (subject to Section 26 hereof) the same forthwith to the Lender Agent, in the exact form received, with the endorsement of the Pledgor Pledgor, when necessary and/or appropriate appropriate, to execute undated stock and/or transfer powers powers, duly executed in blank, to be held by the LenderAgent, subject to the terms hereof, as additional collateral security for the LiabilitiesObligations, and such other documents as Agent shall reasonably request in order to perfect Agent's security interest therein and grant Agent control thereof. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof an Issuer or any Additional Issuer shall be paid over to the Lender Agent, to be held by it in trust as additional collateral security for the LiabilitiesObligations; and in case any distributions distribution of capital shall be made on or in respect of the Pledged Stock or any property shall be distributed upon or with respect to the Pledged Stock pursuant to the recapitalization or reclassification of the capital of the issuer thereof an Issuer or pursuant to the reorganization thereof, the property so distributed shall be delivered (subject to the Lender Section 26 hereof) to Agent, to be held by it as additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof)Obligations. All sums of money and property so paid or distributed in respect of the Pledged Stock which are received by the Pledgor shall, until paid or delivered to the LenderAgent, be held by the Pledgor in trust trust, segregated from the other assets of the Pledgor, as additional collateral security for the LiabilitiesObligations.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor DMRFS shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock or share dividend or a stock or share distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation, or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in 3 exchange for any shares of any the Pledged StockShares, or otherwise relating to the Pledgor Pledged Shares, DMRFS agrees to accept the same as agent of the Lender Bingxxx'x xxxnt and to hold the same in trust on behalf of and for the benefit of the LenderBingxxx, and xxd to deliver the same forthwith to the Lender in Bingxxx xx the exact form received, with the endorsement of the Pledgor DMRFS and, when necessary and/or appropriate or appropriate, undated stock and/or powers or stock transfer powers forms duly executed in blank, to be held by the Lender, subject Bingxxx xxxject to the terms hereof, as additional collateral security for the Liabilities. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions dividend or distribution of capital any sort shall be made on or in respect of any of the Pledged Stock or Shares, including any property shall be distributed upon or with respect to any of the Pledged Stock Shares pursuant to a dividend, to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereofthereof or for any other reason, the property so distributed such dividends or distributions shall be delivered to the Lender to Bingxxx xx be held by it as Bingxxx xx additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof)Liabilities. All sums of money and property so paid such dividends or distributed distributions in respect of the Pledged Stock Shares which are is received by the Pledgor DMRFS shall, until paid or delivered to the LenderBingxxx, be xx held by the Pledgor DMRFS in trust as additional collateral security for the Liabilities.

Stock Dividends, Distributions, Etc. If, while this Agreement ------------------------------------ is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares or otherwise, the Pledgor agrees to accept the same as Pledgee's agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderPledgee, and to deliver the same forthwith to the Lender Pledgee in the exact form received, with the endorsement indorsement of the Pledgor when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by the Lender, subject to the terms hereof, Pledgee as additional collateral security for the Liabilities. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital shall be made to Pledgor on or in respect of the Pledged Stock Shares or any property shall be distributed to Pledgor upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization reorganization, merger or consolidation thereof, the property so distributed shall be delivered delivered, to the Lender extent permitted pursuant to be held by it as the Credit Agreement and provided no Event of Default exists and is continuing, to Pledgor and will constitute additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof)Liabilities. All Upon the occurrence and during the continuance of an Event of Default and at the direction of Pledgee at the direction of the Required Lenders, all sums of money and property so paid or distributed shall be paid to Pledgee and applied in respect accordance with the terms and provisions of the Pledged Stock which are received by the Pledgor shall, until paid or delivered to the Lender, be held by the Pledgor in trust as additional collateral security for the LiabilitiesCredit Agreement.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock Stock certificate (including, without limitation, any certificate representing a stock Stock dividend or a distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation, or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option or rights, whether by purchase or other acquisition or as an addition to, in substitution of, or in exchange for any shares of any Pledged Stock, or otherwise, the Pledgor agrees to accept the same as Pledgee's agent of the Lender and to hold the same in trust on behalf of and for the benefit of the Lender, Pledgee segregated from the other assets of the Pledgor and to deliver the same forthwith to the Lender Pledgee, in the exact form received, with the endorsement of the Pledgor Pledgor, when necessary and/or appropriate appropriate, to undated stock and/or transfer powers powers, duly executed in blank, to be held by the LenderPledgee, subject to the terms hereof, as additional collateral security for the LiabilitiesObligations, and such other documents as the Pledgee shall reasonably request in order to perfect the Pledgee's security interest therein. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof Issuer shall be paid over to the Lender Pledgee, to be held by it in trust as additional collateral security for the LiabilitiesObligations; and in case any distributions distribution of capital shall be made on or in respect of the Pledged Stock or any property shall be distributed upon or with respect to the Pledged Stock pursuant to the recapitalization or reclassification of the capital of the issuer thereof Issuer or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Pledgee, to be held by it as additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof)Obligations. All sums of money and property so paid or distributed in respect of the Pledged Stock which are received by the Pledgor shall, until paid or delivered to the LenderPledgee, be held by the Pledgor in trust trust, segregated from the other assets of the Pledgor, as additional collateral security for the LiabilitiesObligations.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor Borrower shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock dividend or a distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger reorganization or consolidation, or resulting from formation of a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefornew Subsidiary), option or rights, whether by purchase or other acquisition or as an addition to, in substitution of, or in exchange for any shares of any Pledged Stock, or otherwise, the Pledgor agrees to Borrower shall accept the same as agent of the Lender and to Bank's agent, hold the same in trust on behalf of and for the benefit of the Lender, Bank and to deliver the same forthwith to the Lender Bank in the exact form received, with the endorsement indorsement of the Pledgor Borrower when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by the LenderBank, subject to the terms hereof, as additional collateral security for the LiabilitiesObligations. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender Bank to be held by it in trust as additional collateral security for the LiabilitiesObligations; and in case any distributions distribution of capital shall be made on or in respect of the Pledged Stock or any property shall be distributed upon or with respect to the Pledged Stock pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Bank to be held by it as additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof)Obligations. All sums of money and property so paid or distributed in respect of the Pledged Stock which are received by the Pledgor Borrower shall, until paid or delivered to the LenderBank, be held by the Pledgor Borrower in trust as additional collateral security for the LiabilitiesObligations.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock Stock certificate (including, without limitation, any certificate representing a stock Stock dividend or a distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation, or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option or rights, whether by purchase or other acquisition or as an addition to, in substitution of, or in exchange for any shares of any Pledged Stock, or otherwise, the Pledgor agrees to accept the same as Pledgee's agent of the Lender and to hold the same in trust on behalf of and for the benefit of the Lender, Pledgee segregated from the other assets of the Pledgor and to deliver the same forthwith to the Lender Pledgee, in the exact form received, with the endorsement of the Pledgor Pledgor, when necessary and/or appropriate appropriate, to undated stock and/or transfer powers powers, duly executed in blankblank except as to the name of the issuer, to be held by the LenderPledgee, subject to the terms hereof, as additional collateral security for the LiabilitiesObligations, and such other documents as the Pledgee shall reasonably request in order to perfect the Pledgee's security interest therein. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof Issuer shall be paid over to the Lender Pledgee, to be held by it in trust as additional collateral security for the LiabilitiesObligations; and in case any distributions distribution of capital shall be made on or in respect of the Pledged Stock or any property shall be distributed upon or with respect to the Pledged Stock pursuant to the recapitalization or reclassification of the capital of the issuer thereof Issuer or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Pledgee, to be held by it as additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof)Obligations. All sums of money and property so paid or distributed in respect of the Pledged Stock which are received by the Pledgor shall, until paid or delivered to the LenderPledgee, be held by the Pledgor in trust trust, segregated from the other assets of the Pledgor, as additional collateral security for the LiabilitiesObligations.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the a Pledgor shall become entitled to receive or shall receive any stock certificate representing Equity Interests (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares, the or otherwise, such Pledgor agrees to accept the same as Pledgee’s agent of the Lender and to hold the same in trust on behalf of and for the benefit of the LenderPledgee, and to deliver the same forthwith to the Lender Pledgee in the exact form received, with the endorsement of the such Pledgor when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by Pledgee, for the Lenderbenefit of Pledgee and the Secured Creditors, subject to the terms hereof, as additional collateral security for the LiabilitiesPledged Collateral. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital shall be made on or in respect of the Pledged Stock Shares or any property shall be distributed upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Pledgee to be held by it as additional collateral security for the Liabilities (except Pledged Collateral. Except as otherwise provided in Section 5 hereof). All subsection 5(a)(ii) below, all sums of money and property so paid or distributed in respect of the Pledged Stock Shares which are received by the a Pledgor shall, until paid or delivered to the LenderPledgee, be held by the such Pledgor in trust as additional collateral security for the LiabilitiesPledged Collateral.

Stock Dividends, Distributions, Etc. If, while this Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate Stock (including, without limitation, any certificate representing a stock Stock dividend or a distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation, or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option or rights, whether by purchase or other acquisition or as an addition to, in substitution of, or in exchange for any shares of any Pledged Stock, or otherwise, the Pledgor agrees (a) to cause the same to be certificated, and (b) to accept the same as Pledgee's agent of the Lender and to hold the same in trust on behalf of and for the benefit of the Lender, Pledgee segregated from the other assets of the Pledgor and to deliver the same forthwith to the Lender Pledgee, in the exact form received, with the endorsement of the Pledgor Pledgor, when necessary and/or appropriate appropriate, to execute undated stock and/or transfer powers powers, duly executed in blank, to be held by the LenderPledgee, subject to the terms hereof, as additional collateral security for the LiabilitiesObligations, and such other documents as the Pledgee shall reasonably request in order to perfect the Pledgee's security interest therein and grant Pledgee control thereof. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof Issuer shall be paid over to the Lender Pledgee, to be held by it in trust as additional collateral security for the LiabilitiesObligations; and in case any distributions distribution of capital shall be made on or in respect of the Pledged Stock or any property shall be distributed upon or with respect to the Pledged Stock pursuant to the recapitalization or reclassification of the capital of the issuer thereof Issuer or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Pledgee, to be held by it as additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof)Obligations. All sums of money and property so paid or distributed in respect of the Pledged Stock which are received by the Pledgor shall, until paid or delivered to the LenderPledgee, be held by the Pledgor in trust trust, segregated from the other assets of the Pledgor, as additional collateral security for the LiabilitiesObligations.

Stock Dividends, Distributions, Etc. If, ------------------------------------ while this Agreement is in effect, the Pledgor shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock dividend or a stock distribution in connection with any reclassification, increase or reduction of capital, or issued in connection with any reorganization, merger or consolidation), or resulting from a split-up, revision or other like change of the Pledged Stock or otherwise received in exchange therefor), option any options or rights, whether by purchase or other acquisition or as an addition to, in substitution offor, or in exchange for any shares of any the Pledged StockShares, the or otherwise, Pledgor agrees to accept the same as Agent's agent of the Lender and to hold the same in trust for Agent, on behalf of and for the benefit of the LenderLenders, and to deliver the same forthwith to the Lender Depository, on behalf of Agent, in the exact form received, with the endorsement of the Pledgor when necessary and/or appropriate undated stock and/or transfer powers duly executed in blank, to be held by the LenderAgent, on behalf of Lenders, subject to the terms hereof, hereof as additional collateral security for the Liabilities. Any sums paid upon or in respect of the Pledged Stock upon the liquidation or dissolution of the issuer thereof shall be paid over to the Lender to be held by it in trust as additional collateral security for the Liabilities; and in In case any distributions distribution of capital shall be made on or in respect of the Pledged Stock Shares or any property shall be distributed upon or with respect to the Pledged Stock Shares pursuant to the recapitalization or reclassification of the capital of the issuer thereof or pursuant to the reorganization thereof, the property so distributed shall be delivered to the Lender Agent to be held by it as additional collateral security for the Liabilities (except as otherwise provided in Section 5 hereof)Liabilities. All sums of money and property so paid or distributed in respect of the Pledged Stock Shares which are received by the Pledgor shall, until paid or delivered to the LenderAgent, be held by the Pledgor in trust as additional collateral security for the Liabilities.