INTEREST RESERVE AND SECURITY AGREEMENTInterest Reserve and Security Agreement • March 21st, 2008 • King Luther Capital Management Corp
THIS INTEREST RESERVE AND SECURITY AGREEMENT (this “Agreement”) is made as of March 20, 2008, by PDLP DISTRIBUTION, LLC, a Texas limited liability company (“Borrower”), in favor of ENCORE BANK, N.A., its successors, transferees and assigns (“Lender”).
JOINT FILING AGREEMENTJoint Filing Agreement • March 21st, 2008 • King Luther Capital Management Corp
In accordance with Rule 13d-1(k) promulgated under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them a Statement on Schedule 13D (including amendments thereto) with regard to the Common stock, $0.01 par value, of Industrial Distribution Group, Inc. and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof, the undersigned, being duly authorized, hereby execute this Agreement as of March 20, 2008.
STOCK PLEDGE AND SECURITY AGREEMENTStock Pledge and Security Agreement • March 21st, 2008 • King Luther Capital Management Corp
THIS STOCK PLEDGE AND SECURITY AGREEMENT (this “Agreement”), dated as of March 20, 2008 is made by and among PDLP DISTRIBUTION, LLC, a Texas limited liability company (“Pledgor”) and ENCORE BANK, N.A. (“Lender”).
