EXHIBIT 10.3 PLEDGE AGREEMENT PLEDGE AND SECURITY AGREEMENT dated as of June 16, 2005 (this "Agreement"), made by the Borrowers and each of the Guarantors referred to below (each a "Pledgor" and, collectively, the "Pledgors"), in favor of Fortress...Pledge Agreement • June 22nd, 2005 • North Atlantic Trading Co Inc • Tobacco products • New York
by and among NORTH ATLANTIC TRADING COMPANY, INC., NATIONAL TOBACCO COMPANY, L.P., NORTH ATLANTIC OPERATING COMPANY, INC., NATIONAL TOBACCO FINANCE CORPORATION, NORTH ATLANTIC CIGARETTE COMPANY, INC., RBJ SALES, INC., FRED STOKER & SONS, INC. AND...Financing Agreement • June 22nd, 2005 • North Atlantic Trading Co Inc • Tobacco products • New York
