Blocked Account Pledge and Control Agreement Sample Contracts

BLOCKED ACCOUNT PLEDGE AND CONTROL AGREEMENT (Blocked Account – Exclusive Control by Secured Party)
Blocked Account Pledge and Control Agreement • February 27th, 2009 • Webmedia Brands Inc. • Services-business services, nec • Ohio

This BLOCKED ACCOUNT PLEDGE AND CONTROL AGREEMENT (as the same may from time to time be amended, restated or otherwise modified, this “Agreement”) is made and entered into as of February 23, 2009, by and among JUPITERMEDIA CORPORATION, a Delaware corporation, to be known as WebMediaBrands Inc. (“Pledgor”), KEYBANK NATIONAL ASSOCIATION, in its capacity as a creditor of Pledgor, as more fully hereinafter described (“Secured Party”), and KEYBANK NATIONAL ASSOCIATION, as a depository bank (together with any other affiliate of KeyBank National Association that may from time to time hold the Blocked Account, as hereinafter defined, collectively, “Depository Bank”).

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