Free Legal Forms
| Pledge of Stock, Simple |
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__________________, referred to as OWNER, and _______________, referred to as CREDITOR, agree: OWNER is indebted to CREDITOR in the sum of $____(____ _________&___/100 dollars) for a note; to secure repayment of the debt, OWNER pledges to CREDITOR ______ shares of _________ stock of ______________________. OWNER agrees to execute all necessary documents to perfect the pledge. Dated: _________________________________________ ______________________________________________________________ Owner ______________________________________________________________ Creditor |
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