WHEREAS, in connection with the Acquisition, Aerovox issued to each Seller a promissory note payable on April 4, 2001 and a promissory note payable on April 4, 2002 (collectively, the "Notes"), the aggregate principal amount of ----- such Notes being...Restructuring Agreement • May 15th, 2001 • Aerovox Inc • Electrical industrial apparatus • Massachusetts
WHEREAS, Pledgor now agrees to pledge 100% of the issued and outstanding shares of ADM Stock in order to secure Pledgor's indebtedness pursuant to the Replacement Note. The 50,000 shares of Series B Class I and 22,333,830 shares of Series B Class II...Securities Pledge Agreement • May 15th, 2001 • Aerovox Inc • Electrical industrial apparatus • Massachusetts
