0001214659-18-001158 Sample Contracts
ContractStock Pledge Agreement • February 13th, 2018 • Opportunity Fund I-Ss, LLC • Electromedical & electrotherapeutic apparatus • New York
Contract Type FiledFebruary 13th, 2018 Company Industry JurisdictionSTOCK PLEDGE AGREEMENT THIS STOCK PLEDGE AGREEMENT (this "Agreement") is made as of December 11 2017 (the "Effective Date"), by and among FIRST CAPITAL REAL ESTATE TRUST INCORPORATED, a 1Vlaryland corporation ("FCRETI") and FIRST CAPITAL REAL ESTATE OPERATING PARTNERSHIP, LP, a Delaware limited partnership ("FC OPCO" and, together with FCRETI, collectively, the "Pledgor") in favor of Opportunity Fund I-SS, LLC, a Delaware limited liability company (the "Pledgee"). RECITALS: WHEREAS, Pledgee has extended credit to First Capital Master Advisor, LLC, a Delaware limited liability company ("FCMA"), pursuant to that certain Secured Promissory Note, dated as of even date herewith (the "Note") in the original commitment amount of One Million Dollars ($1,000,000.00) (the "Commitment", and the amount of loans made under the Note being the "Loan"); WHEREAS, FC OPCO is, on the date of this Agreement, the holder of 35,335 shares of Series A Convertible Preferred Stock (the "FCG Preferred Stock) and