RECITALSJunior Stock Pledge Agreement • September 22nd, 1997 • Atlantic Gulf Communities Corp • Real estate dealers (for their own account) • New York
JUNIOR STOCK PLEDGE AGREEMENTJunior Stock Pledge Agreement • March 31st, 2006 • Ibf Vi Guaranteed Income Fund • Asset-backed securities • New York
THIS JUNIOR STOCK PLEDGE AGREEMENT is entered into as of this 10th day of November, 2005, by and between IBF FUND LIQUIDATING LLC a Delaware limited liability company, as holder of the Convertible Debentures (defined below) (together with its successors and assigns, “Secured Party”) and SUNSET BRANDS, INC. a Nevada corporation (“Pledgor”).
