Termination of Pledge Agreement Sample Contracts

TERMINATION OF PLEDGE AGREEMENT
Termination of Pledge Agreement • October 28th, 2021 • Universal Electronics Inc • Household audio & video equipment

THIS TERMINATION OF PLEDGE AGREEMENT (“Termination”) is entered into as of October 25, 2021, by and between UEI HONG KONG PRIVATE LIMITED, a company organized under the laws of Hong Kong (“Pledgor”), ENSON ASSETS LIMITED, a company organized under the laws of the British Virgin Islands (“Issuer”) and U.S. BANK NATIONAL ASSOCIATION, a national baking association (“Secured Party” and “Administrative Agent”) in order to terminate that certain Pledge Agreement dated as of November 1, 2010, as amended by that certain Amendment to Pledge Agreement dated October 27, 2017 (as further amended, restated, supplemented, or otherwise modified from time to time, the “Pledge Agreement”) between Pledgor, Issuer and Secured Party (the “Pledge”).

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