0001260415-04-000065 Sample Contracts

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EXHIBIT 10.36 STOCK PLEDGE AGREEMENT This Stock Pledge Agreement (this "Agreement") dated as of December 13, 2004, between CORNELL CAPITAL PARTNERS, LP, a Delaware limited partnership (the "Pledgee"), and Apros & Chay, Ltd. (the "Pledgor"). BACKGROUND...
Stock Pledge Agreement • December 16th, 2004 • Gavella Corp • Real estate

STOCK PLEDGE AGREEMENT This Stock Pledge Agreement (this "Agreement") dated as of December 13, 2004, between CORNELL CAPITAL PARTNERS, LP, a Delaware limited partnership (the "Pledgee"), and Apros & Chay, Ltd. (the "Pledgor"). BACKGROUND DCI USA, Inc. ("DCI") has entered into a Securities Purchase Agreement dated as of the date hereof (as amended, modified, restated or supplemented from time to time (the "SPA Agreement")) pursuant to which Pledgee provides or will provide certain financial accommodations to DCI. In order to induce Pledgee to provide or continue to provide the financial accommodations described in the SPA Agreement, Pledgor has agreed to pledge and grant a security interest in the collateral described herein to Pledgee on the terms and conditions set forth herein. NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration the receipt of which is hereby acknowledged, the parties hereto agree as follows: 1. Defined Terms. All capitalize

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