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r~ .19 • 99 el s A3PM SMITH FiARNEY • 3. maintain the Aa~ pledged as do~cribcd in Exhibit A~ct~achod lu~to, or the p~'oaed8 fzora tho sala of such Asset9, togeth~er witb aay incam~ derivcd t~erefroa~, ~cc~t t~ Plcdge~ and Pledgar aolmowledge and ~ agree tlaat salornou smith Bam,~Y sball aot be htld responeiblo for ~y mar]ouct d~eclin~e i~ ~~ ia the markst velv~e of ~ et~lor to t~tlce Pledgot of aay au+~ d~ ~~c ~~ . az~y acticn wit~ ragard tA such Asseta acccpt upo~ BP directions stat~d h~rein, 4. provide to Pledgee~ with n duplicate copy to Pledgor, a moathly 'stszcmmt of Aasets and a coufu~msdon statctn~at of ea,ch trsusactian effiecud in tbe Acca~uot aftcr su~h transactioz~ is effec~od. 'I~e PlodBcr ~nnd Plddges conseat ~d agree tl~at tha cnly instruatlons that sbsll bc given to Salomcn Senith B~rnay in rag~rd to oc in cvnn~octian wlth tha Account sha11 bc ~i~n by an Aut~wrized 0#lcer of r or ~ale tra~sactlona ia tlu Plcdgee~ excepE tba the Pledgor ~sy g~vo iaatructions to oaccr iato purchase ale Account. Plodgar s~wU nAt 1~~ Salomon Smlth BuaeY~deliver cash dand/or~secuii~cs or ~ by !aw or by Court Ocder, Salomon $mitit $a~oY s~sall n ~a tbc aafe of, or diatributi~s on~ ~uch aecuride` out af the Acoount to the Pl~dgor or to at~y o~hcr pereon oc eatity. Upoa wrltun no~ce by efl Aathor~ed Officer of Pled~ve, Satomcm Smith Bar~ey ~hsll complv with the eautlement orders ~ad ~ t Salomo~n Smi B uarn~y ~hall b~avo ~ duty or • s~- otb+er F~son ('rt being undersoood ~ac- a~ed tha y,~y~ ag pty ~d or ahataas+ar to h~+a laiawled~e of thc totms cf tho 3~auitY obligstion ~d Plodgee heraby ~ or w detisrmine whetb~er oz.not sn weat of dafault exists). Pkd~or a~ to t~emai~+ and hcld ba~ala~ S~n Smith. Bamay~ its affiti~,~ ~~ ~~ Pd~sg~s, from snd ey;siaat s4Y aad atl ctaima, ~a of act~on, tisbilitiea, l~, . 1~ludin~, withoiit limit~tioa, ~sry and all wurt costa sad reasocmble ~omey'a f~, that m4y ma~lt bY ' with auah ~~ of Pledgae. Ia the c~vont that r~o~. of Salomoa Sm~th Ba~ey eomply~ng Satomon 'Stti~ ~~Y ~~d a~ booome~ invoived ~n liti~tion u a result of camplymg wi~- ths above ~d wrttt~ ins~cdoas, P1~~ ~~~° ~e tlut Sale~aoa &nfth Ba~Y ~ be entitled to c.~u8a: ~ll the eoscs urd Se~s. it incsus ~n connoetios~ ~ su~ah lit~tion ta tho A~scu tn the Aocoua~t end to witbdraw such aums as tho ooata and chargoa acc:ue. • . 'Irtsa Autho~i~ed 4ff~r of, Pl~ wbo ths11 give oc~l instn+cnons ha~er ahall conflr~ ths ~ae . ~ wridng tc salomc~ smith Bssne~- ~ svc (s) daya a,R~ suah ozal tasb~cdons ~ s~"r~a ~li no ~ t t~omalos in e$~ot, P~edS00 ~' b~ ~~ ~o t~oceive d 1'icts,os of at~y . aa •this agrccsnoa aad tta~taonta af aecou~ chat c~s P1ed@or of such A~couat is aitltled tp r~eoe~va. .. of this Agrce~~ th~ t~arm "Aut~riz~d ~Officer o~ Pladgo~'' absll r~~F~r in the For thc p~oao . presideat of the ~ Pkdgox) nud "~': ~+ocix~ed singular to ~'r t$r~c~ (w~O ~, ~ ~e date lureof, ~~ ~ ~ $ic Offioer cP Pledgea" ahall re~r in ~~~r ~0 ~To tin 11~" I-~~ r~~,M. ~,,,~~ , rof t~a Pledgee). ~If t~Pledgor oa' ~'ledgca is e, n~'~ dSbO ~tCOf~'~aS~ne ,s S~'Q~ ~~eS - ~ • lf Di0'te t~itiil ci1'13 I1~~~ .: porsoa then sueh tam sl~all s~ean tba P r or. P1.edS'se res ~~`rc~' ~~ the avcsu t~~at ~er pcteon is ttue Pledg,or or Pledg~e, su~h n~r~1 ~P~O~ ~' ~~. shall find it ~dvlssble to desi~atc a rapla~cem~t o~ ~m,Y of its Autbar~d • pledgor or Pledgee ~ be~vea to Salo~n Smith B~ey. ~ . Officers. writtaa ~+otice of auy su~h r~ : E' d • JN I J13N2ltiH Hl I WS WdSO :~.0 66 . 6 T 2~LJ