OWNERS’ EQUITY PLEDGE AND SECURITY AGREEMENTOwners’ Equity Pledge and Security Agreement • May 7th, 2002 • Hearx LTD • Retail-retail stores, nec • New York
THIS OWNERS’ EQUITY PLEDGE AND SECURITY AGREEMENT (as defined in Article 6 hereof, along with all other defined terms, this “Pledge Agreement”) is made and effective as of May , 2002 by STEVE FORGET (as more fully defined below, a “Pledgor”), and COUSINEAU, DOUCET, PARENT, FORGET AUDIOPROTHÉSISTES s.e.n.c. (as more fully defined below, “Pledged Share Issuer”), in favor of HEARx LTD. (as more fully defined below, “Lender”).
