Stock Pledge Agreement

Pledgor represents and warrants to the Company that Pledgor has good ownership (registered and advantageous) of the security rights, free and free from any claim, pledge, security, pledge or en charges of any kind whatsoever, and that Pledgor has the right to pledge and grant the Company the right of security granted under this pledge agreement. In accordance with the provisions of the California Commercial Code, Pledgor grants the Company a first and current warranty right in (i) the Shares, (ii) all dividends (as defined in Section 5) and (iii) all additional securities (as defined in Section 6) and (iv) such additional warranties listed in Appendix A, where applicable, for the payment of the obligation and the performance of all the obligations of Pledgor arising from this pledge agreement to insure itself. Pledgor hereby provides a certificate(s) of common share(s) no.s. to the Company. which represent all the shares, as well as one or more powers of action(s) for each certificate thus provided in the form annexed to the contract of sale, properly executed (with the date and number of shares left empty) by pledgor and Pledgor`s spouse, if any. . . .