SUCH DOCUMENTS, WITHOUT
RECOURSE OR WARRANTY, AS PLEDGOR DEEMS REASONABLY NECESSARY TO RELEASE ANY
INTERESTS HELD BY ADMINISTRATIVE AGENT OR THE SECURED PARTIES IN THE PLEDGED
COLLATERAL.
27.
ADDITIONAL PLEDGED COLLATERAL.
IN THE EVENT THAT THE PLEDGOR IS REQUIRED,
UNDER THE TERMS OF ANY LOAN DOCUMENT OR OTHERWISE, TO PLEDGE AND HYPOTHECATE ANY
COLLATERAL AFTER THE CLOSING DATE, THE PLEDGOR SHALL PLEDGE AND HYPOTHECATE SUCH
COLLATERAL, AND BE BOUND WITH RESPECT TO SUCH COLLATERAL BY ALL OF THE TERMS AND
CONDITIONS HEREOF, BY DELIVERY TO THE ADMINISTRATIVE AGENT OF AN EXECUTED
COUNTERPART OF A SUPPLEMENT TO PARENT PLEDGE AGREEMENT IN THE FORM OF EXHIBIT A
ATTACHED HERETO.
[Signature Pages Follow]
17
IN WITNESS WHEREOF, the Pledgor has caused this Pledge Agreement to be executed
and delivered by its duly authorized officer as of the date first set forth
above.
UNITED INDUSTRIAL CORPORATION
By:
/s/
Name:
Title:
[SIGNATURE PAGE TO PLEDGE AGREEMENT]
Acknowledged and Agreed to:
SUNTRUST BANK,
as Administrative Agent
By:
/s/
Name:
Title: