0001062993-05-000168 Sample Contracts

PLEDGE AGREEMENT
Pledge Agreement • January 31st, 2005 • K Tronik International Corp • Power, distribution & specialty transformers • New Jersey

THIS PLEDGE AGREEMENT made this 10th day of December, 2004, K-Tronik International Corp. with offices at 290 Vincent Avenue, 3rd Floor, Hackensack, New Jersey, USA, (the "Pledgor"), to FINE TECH CO., LTD. with offices at 284-18 Eunhaeng-Dong, Shiheung-Si, Kyunggi-Do, South Korea (the "Secured Party");

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