AGREEMENT OF SECURITIES PLEDGE
目 录
SECTION 1 第一条 DEFINITION 定义
SECTION 2 第二条 PLEDGE 质押
SECTION 3 NATURE OF LOAN AND PLEDGE第三条 贷款和抵押的性质
SECTION 4 SCOPE OF PLEDGE AND REDELIVERY OF THE PLEDGED COLLATERAL
第四条 承诺抵押品的抵押范围及重新发运
SECTION 5 REPRESENTATIONS AND WARRANTIES 第五条 陈述与保证
SECTION 6 AFFIRMATIVE COVENANTS 第六条 肯定性条款
SECTION 7 APPOINTMENT OF AGENTS AND ACTIONS BY LENDER
第七条 代理人指定及贷方行为
SECTION 8 SALE AND TREATMENT OF PLEDGED COLLATERAL
第八条 承诺抵押品的出售及处理
SECTION 9 DIVIDENDS AND VOTING RIGHTS 第九条 股息及表决权
SECTION 10 RIGHTS AND REMEDIES 第十条 权利及赔偿
SECTION 11 APPLICATION OF PROCEEDS OF PLEDGED COLLATERAL IN EVENT OF
DEFAULT
第十一条 违约情况下承诺抵押品的收益应用
SECTION 12 COMPLIANCE WITH SECURITIES LAWS 第十二条 有价证券法律的遵守
SECTION 13 MONETARY RELIEF 第十三条 货币补偿
SECTION 14 MISCELLANEOUS 第十四条 其他款项
SECTION 1 第一条 DEFINITION 定义
1.1 Use of Defined Terms. Unless otherwise expressly specified herein, defined terms denoting
the singular number shall, when in the plural form, denote the plural number of the matter or item
to which such defined terms refer, and vice-versa. The Section, Schedule and Exhibit headings
used in this Pledge Agreement are descriptive only and shall not affect the construction or
meaning of any provision of this Agreement. Unless otherwise specified, the words “hereof,”
“herein,” “hereunder” and other similar words refer to this Pledge Agreement as a whole and not
just to the Section, subsection or clause in which they are used; and the words “this Agreement”
refer to this Pledge Agreement. Unless otherwise specified, references to Sections, Recitals,
Schedules and Exhibits are references to Sections of, and Recitals, Schedules and Exhibits to this
Agreement.
定义术语的使用。除非在此另作明确详细说明，表示单数的定义术语，如果以复数形式出现，则表示此定义术语所指的事宜或事项的复数，反之亦然。本抵押协议中使用的条，附件以及附件标题仅具有描述性，不得对本协议中任何条款的构建和意义造成影响。除非另作说明，“本协议中”，“依据本协议”，“在本协议内”这样的词以及其他类似的词语系指此质押协议的整体，而不仅仅是使用这些词语的节，小节或条；“本协议”这些词系指本抵押协议。除非明确表示另有所指，本协议中在使用节、陈述、附表及证明时，所指涉的均系本协议之节、陈述、附表及证明。
1.2 Statements as to Knowledge. Any statements, representations or warranties which are based
upon the knowledge of the Pledgor shall be deemed to have been made after due inquiry with
respect to the matter in question. 认知声明。在抵押人认知基础上的任何声明，陈述或保证均应被视为在对所涉及事宜进行正当询问之后做出。
SECTION 2 第二条 PLEDGE 质押
2.1 Pledge by Pledgor. The Pledgor hereby pledges, and assigns to the Lender, and hereby
transfers to the Lender all right, title, ownership and interest in and to (all the foregoing herein
called the “Pledge”), the following described property hereinafter called the “Pledged Collateral”:
the ______ shares of ______ ( ), together with any certificates, whether physical or electronic,
evidencing such shares (collectively, the “Pledged Shares”) and all cash, instruments, securities or
other property representing a dividend or other distribution on any of the Pledged Shares, or
representing a distribution or return of capital upon or in respect of the Pledged Shares, or
resulting from a split-up, revision, reclassification or other like change of the Pledged Shares or
otherwise received in exchange therefore, and any warrants, rights or options issued to the holders
of, or otherwise in respect of, the Pledged Shares, and all proceeds thereof (collectively, the
“Pledged Collateral”).
抵押人的抵押。抵押人在此向贷方抵押，转让，转移所有权利，所有权和利息（本协议中所有前述事项均称为“抵押”），以下描述的财产简称为“承诺抵押品”：______的股份，连同任何证明这种股份的物质或电子凭证（统称为“抵押股份”）以及所有现金，工具，有价证券，或者其他代表股息或其他抵押股份任何分配的财产，或者代表根据或有关抵押股份的资金分配或返回，或者由于对抵押股份进行股本分割，修正，重新分类或其他类似改变，或者相反，因此作为交换而接收，以及对持有人发放的任何抵押股份或反之与其有关的保证，权利，或选择，以及本协议中的所有收益（统称“承诺抵押品”）。
SECTION 3 NATURE OF LOAN AND PLEDGE第三条 贷款和抵押的性质
3.1 Non-Recourse Loan and Pledge. The Lender agrees, for itself, its representatives, successors
and assigns that: (i) neither the Pledgor, nor any representative, successor, assign or affiliate of the
Pledgor, shall be personally liable for the Principal Loan Amount; and (ii) the Lender, and any
such representative, successor or assignee, shall look only to the property identified in this Pledge
Agreement for payment of the Obligations and will not make any claim or institute any action or proceeding against the Pledgor, or any representatives, successors, assigns or affiliate of the
Pledgor, for any deficiency remaining after collection upon the Pledged Collateral, except as
provided below.
无追索权贷款及抵押。贷方为自己，其代表，继承人及受让人，同意：（1）抵押人，或者抵押人的任何代表，继承人，受让人或附属者中任何一方不得个人对主要贷款金额负责；（2）贷方，以及任何代表，继承人或受托人仅能将本抵押协议中定义的财产作为支付债务，不得以获得承诺抵押品后仍有任何损失为由向抵押人，或者抵押人的任何代表，继承人，受让人或附属者提出任何索赔，采取任何行动或起诉，除非有下述情况。
Provided, however, notwithstanding the foregoing, the Pledgor is and will remain personally liable
for any deficiency remaining after collection of the Pledges Collateral to the extent of any loss