Pledge and Irrevocable Proxy Security Agreement Sample Contracts

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PLEDGE AND IRREVOCABLE PROXY SECURITY AGREEMENT
Pledge and Irrevocable Proxy Security Agreement • December 10th, 2002 • Sitestar Corp • Blank checks • California

THIS PLEDGE AND IRREVOCABLE PROXY SECURITY AGREEMENT (the “Agreement”) is made and entered into as of the 4th day of December, 2002, by Sitestar Corporation, a Nevada corporation whose chief executive office is located at 7109 Timberlake Road, Lynchburg, Virginia 24502 (the “Company” or the “Pledgor”) in favor of Clinton J. Sallee and Frederick T. Manlunas, and their successors and assigns, (collectively hereinafter called the “Secured Party”), whose address is 15303 Ventura Boulevard, Suite 1510, Sherman Oaks, California 91403.

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