PLEDGE ADDENDUM
Exhibit 10.22
PLEDGE ADDENDUM
This Pledge Addendum, dated as of December 31, 2004, is delivered pursuant to that certain Pledge Agreement, dated as of March 31, 2004 (as from time to time amended, modified, supplemented, renewed, extended, or restated, the “Pledge Agreement”), among MATTRESS HOLDING CORP., a Delaware corporation, MATTRESS FIRM, INC., a Delaware corporation, MATTRESS FIRM INVESTMENT MANAGEMENT, INC., an Arizona corporation, FESTRO INC., a Texas corporation, TEAMEXCEL MANAGEMENT COMPANY, a Texas corporation, MATTRESS FIRM OPERATING, LTD., a Texas limited partnership, MATTRESS VENTURE INVESTMENT MANAGEMENT, LLC, an Arizona limited liability company, FESTRO II, LLC, a Texas limited liability company, THE MATTRESS VENTURE, L.P., a Texas limited partnership (each of the foregoing, a “Pledgor” and collectively, jointly and severally, the “Pledgors”), and ABELCO FINANCE LLC, a Delaware limited liability company, as the collateral agent for the lenders under that certain Financing Agreement dated as of March 31, 2004 (in such capacity, together with its successors and assigns, if any, in such capacity, “Collateral Agent”). Capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Pledge Agreement.
Collateral Agent and each Pledgor hereby agree: (a) that this Pledge Addendum is intended to supplement the Pledge Agreement; (b) Schedule A to this Pledge Addendum is intended to supplement Schedule A to the Pledge Agreement; and (c) Collateral Agent is hereby authorized to attach this Pledge Addendum to the Pledge Agreement, and Schedule A attached thereto, respectively. This Pledge Addendum is a Loan Document.
[signature pages to follow]
[SIGNATURE PAGE TO PLEDGE ADDENDUM]
S-2
IN WITNESS WHEREOF, the parties hereto have duly executed this Pledge Addendum, as of the date first above written.
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a Delaware corporation |
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By: |
/s/ Xxx X. Xxxxx |
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Title: |
Treasurer & Secretary |
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MATTRESS FIRM, INC., |
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a Delaware corporation |
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By: |
/s/ Xxx X. Xxxxx |
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Title: |
CFO |
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MATTRESS FIRM INVESTMENT |
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MANAGEMENT, INC., |
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an Arizona corporation |
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By: |
/s/ Xxxx Xxxxx |
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Title: |
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FESTRO, INC., |
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a Texas corporation |
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By: |
/s/ Xxx X. Xxxxx |
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Title: |
Treasurer & Secretary |
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TEAMEXCEL MANAGEMENT COMPANY, |
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a Texas corporation |
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By: |
/s/ Xxx X. Xxxxx |
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Title: |
Treasurer & Secretary |
[SIGNATURE PAGE TO PLEDGE ADDENDUM]
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MATTRESS FIRM OPERATING, LTD., |
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a Texas limited partnership |
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By: Festro, Inc., its general partner |
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By: |
/s/ Xxx X. Xxxxx |
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Title: |
Treasurer & Secretary |
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MATTRESS VENTURE INVESTMENT |
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MANAGEMENT, LLC, |
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an Arizona limited liability company |
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By: |
/s/ Xxxx Xxxxx |
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Title: |
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FESTRO II, LLC |
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a Texas limited liability company |
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By: |
/s/ Xxx X. Xxxxx |
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Title: |
Treasurer & Secretary |
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THE MATTRESS VENTURE, L.P., |
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a Texas limited partnership |
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By: Festro II, LLC, its general partner |
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By: |
/s/ Xxx X. Xxxxx |
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Title: |
Treasurer & Secretary |
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ABLECO FINANCE LLC, |
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a Delaware limited liability company, as Collateral Agent |
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By: |
/s/ Xxxxxxxxx X. Xxxxxxxx |
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Title: |
Vice President |
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SCHEDULE A
TO
STOCK PLEDGE AGREEMENT
Pledgor: Mattress Holding Corp.
Pledged Interests
Issuer |
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Number |
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Class |
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Certificate |
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Former Name, |
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Pledgor’s |
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Jurisdiction of |
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Certificated/ |
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Georgia Mattress Corp. |
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000 |
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Xxxxxx |
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X-0 |
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Xxxx |
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000 |
% |
Georgia |
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Certificated |