Common use of Pledge of Stock Clause in Contracts

Pledge of Stock. To secure all of Maker's obligations hereunder, Maker hereby pledges and grants a security interest to Holder in the Stock and all stock dividends and stock splits hereafter declared or distributed (the Stock and the stock splits or stock dividends being hereinafter referred to as the "collateral"). Simultaneously with the execution of this Nonrecourse Promissory Note and Stock Pledge Agreement, Maker is delivering to Holder, and Holder hereby acknowledges receipt of, the certificates evidencing the 111,081 shares of

Pledge of Stock. To secure all of Maker's obligations hereunder, Maker hereby pledges and grants a security interest to Holder in the Stock and all stock dividends and stock splits hereafter declared or distributed (the Stock and the stock splits or stock dividends being hereinafter referred to as the "collateral"). Simultaneously with the execution of this Nonrecourse Promissory Note and Stock Pledge Agreement, Maker is delivering to Holder, and Holder hereby acknowledges receipt of, the certificates evidencing the 111,081 10,016 shares ofof Common

Pledge of Stock. To secure all of Maker's obligations hereunder, Maker hereby pledges and grants a security interest to Holder in the Stock and all stock dividends and stock splits hereafter declared or distributed (the Stock and the stock splits or stock dividends being hereinafter referred to as the "collateral"). Simultaneously with the execution of this Nonrecourse Promissory Note and Stock Pledge Agreement, Maker is delivering to Holder, and Holder hereby acknowledges receipt of, the certificates evidencing the 111,081 63,640 shares ofof Common

Pledge of Stock. To secure all of Maker's obligations hereunder, Maker hereby pledges and grants a security interest to Holder in the Stock and all stock dividends and stock splits hereafter declared or distributed (the Stock and the stock splits or stock dividends being hereinafter referred to as the "collateral"). Simultaneously with the execution of this Nonrecourse Promissory Note and Stock Pledge Agreement, Maker is delivering to Holder, and Holder hereby acknowledges receipt of, the certificates evidencing the 111,081 64,465 shares ofof Common