NOW OR HEREAFTER
HAVE BASED ON VENUE OR FORUM NON CONVENIENS WITH RESPECT THERETO.
IN ANY SUCH
ACTION OR PROCEEDING, PLEDGOR WAIVES PERSONAL SERVICE OF THE SUMMONS AND
COMPLAINT OR OTHER PROCESS AND PAPERS THEREIN AND AGREES THAT THE SERVICE
THEREOF MAY BE MADE BY CERTIFIED MAIL, RETURN RECEIPT REQUESTED, DIRECTED TO
PLEDGOR AT ITS OFFICES SET FORTH HEREIN OR OTHER ADDRESS THEREOF OF WHICH LENDER
HAS RECEIVED NOTICE AS PROVIDED IN THIS PLEDGE AGREEMENT.
NOTWITHSTANDING THE
FOREGOING, PLEDGOR CONSENTS TO THE COMMENCEMENT BY LENDER OF ANY SUIT, ACTION OR
PROCEEDING IN ANY OTHER JURISDICTION TO ENFORCE ITS RIGHTS IN AND TO THE
SECURITIES COLLATERAL AND WAIVES ANY OBJECTIONS WHICH IT MAY NOW OR HEREAFTER
HAVE BASED ON VENUE AND/OR FORUM NON CONVENIENS OF ANY SUCH SUIT, ACTION OR
PROCEEDING..
Section 22.
Counterparts.
This Pledge Agreement may be executed in one or
more counterparts, and by facsimile or electronic signature, each of which when
so executed, shall be deemed an original, but all of which shall constitute but
one and the same instrument.
[SIGNATURE PAGE FOLLOWS]
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IN WITNESS WHEREOF, the parties hereto have caused this Pledge and Security
Agreement to be duly executed as of the date first above written.
PLEDGOR:
THE MINT LEASING, INC., a Nevada corporation
By: /s/ Jerry Parish_____________________
Name: Jerry Parish
Title: President
MNH MANAGEMENT LLC
By: MORIAH CAPITAL PARTNERS, LLC, its Managing Member
By: /s/ A. Speaker_______________________
Name: A. Speaker
Title: Managing Member
[SIGNATURE PAGE - PLEDGE AND SECURITY AGREEMENT]
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SCHEDULE 1
TO
PLEDGE AND SECURITY AGREEMENT
PLEDGED SECURITIES
100% (1,000 shares) of the issued and outstanding common stock, par value $1.00
per share, of The Mint Leasing, Inc., a Texas corporation, represented by
certificate no. 3
100% (1,000 shares) of the issued and outstanding common stock, par value $1.00
per share, of The Mint Leasing North, Inc., a Texas corporation, represented by
certificate no.1.
100% (1,000 shares) of the issued and outstanding common stock, par value $1.00
per share, of The Mint Leasing South, Inc., a Texas corporation, represented by
certificate no. 1.
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