[exhibit103-pledgeagreemex1x1.jpg]

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[exhibit103-pledgeagreemex2x1.jpg]

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[exhibit103-pledgeagreemex3x1.jpg]

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[exhibit103-pledgeagreemex4x1.jpg]

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[exhibit103-pledgeagreemex5x1.jpg]

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[exhibit103-pledgeagreemex6x1.jpg]

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[exhibit103-pledgeagreemex7x1.jpg]

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[exhibit103-pledgeagreemex8x1.jpg]

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[exhibit103-pledgeagreemex9x1.jpg]

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[exhibit103-pledgeagreemx10x1.jpg]

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[exhibit103-pledgeagreemx11x1.jpg]

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[exhibit103-pledgeagreemx12x1.jpg]

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[exhibit103-pledgeagreemx13x1.jpg]

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[exhibit103-pledgeagreemx14x1.jpg]

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[exhibit103-pledgeagreemx15x1.jpg]

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[exhibit103-pledgeagreemx16x1.jpg]