Exhibit 10 b SHARE PLEDGE AGREEMENT THIS AGREEMENT is made as of December 21st , 2000. B E T W E E N: AXYN CANADA CORPORATION, (the "Pledgor") - and - SYSCAN INTERNATIONAL INC., (the "Secured Party"). RECITALS: A. The Pledgor and the Secured Party...B Share Pledge Agreement • April 6th, 2001 • Axyn Corp • Blank checks
Exhibit 10 b SHARE PLEDGE AGREEMENT THIS AGREEMENT is made as of December 21st , 2000. B E T W E E N: AXYN CANADA CORPORATION, (the "Pledgor") - and - SYSCAN INTERNATIONAL INC., (the "Secured Party"). RECITALS: A. The Pledgor and the Secured Party have entered into a loan agreement made as of December 21st, 2000 (the "Loan Agreement"). B. As additional security for the fulfilment of all of the Pledgor's obligations under and pursuant to the Loan Agreement, the Pledgor has agreed to grant a security interest in and pledge and assign certain shares of Syscan International Inc. held by the Pledgor in favour of the Secured Party. THEREFORE, the parties agree as follows: ARTICLE 1 PLEDGE 1.1 Pledge As continuing security for the due and timely payment and performance by the Pledgor of its obligations under the Loan Agreement, the Pledgor hereby assigns, mortgages, charges, hypothecates, pledges and grants a security interest in all of its right, title and interest in and to 5,000,000 common
