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1. Parties: Identifies and defines the pledgor, pledgee, and company whose shares are being pledged
2. Background: Sets out the context and purpose of the share pledge
3. Definitions and Interpretation: Defines key terms and interpretation rules
4. Pledge and Security: Core provisions creating the security interest over the shares
5. Representations and Warranties: Pledgor's confirmations regarding ownership and authority
6. Covenants: Ongoing obligations of the pledgor
7. Enforcement: Rights and remedies upon default
8. Duration and Release: Term of the pledge and conditions for release
1. Further Assurance: Additional actions required to perfect the security
2. Power of Attorney: Appointment of pledgee as attorney for control over shares
3. Dividends and Voting Rights: Treatment of dividends and voting rights during pledge period
1. Schedule of Pledged Shares: Details of shares being pledged including share certificate numbers
2. Form of Notice to Company: Standard notice informing company of the pledge
3. Form of Acknowledgment: Company's acknowledgment of the pledge
4. Share Transfer Forms: Blank signed transfer forms for enforcement
Applicable Law
Business Day
Charged Shares
Charged Property
Company
Default
Dividend Rights
Enforcement Event
Encumbrance
Event of Default
Financial Indebtedness
Governmental Authority
Legal Requirements
Obligations
Parties
Pledge
Pledged Shares
Pledgee
Pledgor
Related Rights
Secured Obligations
Security Interest
Security Period
Share Certificate
Shareholder Rights
Shares
Transaction Documents
Underlying Documents
Voting Rights
Pledge and Security
Security
Creation of Charge
Negative Pledge
Perfection of Security
Representations and Warranties
Covenants
Voting Rights
Dividend Rights
Further Assurance
Continuing Security
Power of Attorney
Events of Default
Enforcement
Remedies
Application of Proceeds
Release of Security
Indemnity
Assignment and Transfer
Notices
Amendments
Severability
Governing Law
Dispute Resolution
Counterparts
Costs and Expenses
Confidentiality
Entire Agreement
Third Party Rights
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