Document:

EX-10.19(c)

 Exhibit 10.19(c) 

PLEDGE AGREEMENT 

THIS PLEDGE AGREEMENT (this “Agreement”) is entered into as of May 9, 2014 by and among Earth911, Inc., a Delaware
corporation (including any permitted successors and assigns, the “Debtor”) and Regions Bank (the “Lender”) on behalf of itself and its Affiliates (the “Secured Party”). 

PRELIMINARY STATEMENT 
 QUEST
RESOURCE MANAGEMENT GROUP, LLC, a Delaware limited liability company (formerly known as QUEST RECYCLING SERVICES, LLC) (the “Borrower”), and the Lender have previously entered into the Loan Agreement dated as of December 15,
2010 (as it may be amended, supplemented, restated or modified from time to time, the “Loan Agreement”). The Debtor is entering into this Agreement in order to, among other things, induce the Lender to enter into and extend credit
to the Borrower under the Loan Agreement. 
 AGREEMENT 

ACCORDINGLY, the Debtor and the Secured Party hereby agree as follows: 

ARTICLE I 
 DEFINITIONS 

1.1 Terms Defined in Loan Agreement. All capitalized terms used herein and not otherwise defined shall have the meanings assigned to
such terms in the Loan Agreement. 
 1.2 Terms Defined in Texas Uniform Commercial Code. Terms defined in the Texas Uniform Commercial
Code which are not otherwise defined in this Agreement are used herein as defined in the Texas Uniform Commercial Code as in effect on the date hereof. 

1.3 Definitions of Certain Terms Used Herein. As used in this Agreement, in addition to the terms defined in the introductory paragraph
and in the Preliminary Statement, the following terms shall have the following meanings: 
 “Article” means a numbered
article of this Agreement, unless another document is specifically referenced. 
 “Collateral” means (a) all Pledged
Securities, and (b) all Securities, Investment Property, Instruments and General Intangibles constituting, evidencing or in respect of Pledged Securities, wherever located and whether presently existing or hereafter created or acquired, in
which the Debtor now has or hereafter acquires any right or interest, and the Proceeds, insurance Proceeds and products thereof, and any substitutions therefor and replacements thereof, together with all books and records, computer files, programs,
printouts and other computer materials and records related thereto. 
 “Control” shall have the meaning set forth in
Section 8.106 or 9.106, as applicable, of the UCC. 

 “Debtor Relief Laws” means the Bankruptcy Code of the United States, and all
other liquidation, conservatorship, bankruptcy, assignment for the benefit of creditors, moratorium, rearrangement, receivership, insolvency, reorganization, or similar debtor relief laws of the United States or other applicable jurisdictions from
time to time in effect and affecting the rights of creditors generally. 
 “General Intangibles” means any “general
intangibles”, as the term is defined in Section 9.102(a)(42) of the UCC. 
 “Instrument” means any
“instrument”, as such term is defined in Section 9.102(a)(47) of the UCC. 
 “Investment Property” means any
“investment property”, as such term is defined in Section 9.102(a)(49) of the UCC. 
 “Pledged Securities”
means 50% of all membership interests in Borrower in which the Debtor now or hereafter has any interest, including the membership interests of the Borrower owned by the Debtor as set forth on Schedule 1, together with the certificates (or
other agreements or instruments), if any, representing such membership interests, and all options and other rights, contractual or otherwise, with respect thereto, including, but not limited to, the following: 

(a) all equity interests representing a non-cash dividend thereon, or representing a distribution or return of capital upon or in respect
thereof, or resulting from a revision, reclassification or other exchange therefor, and any subscriptions, warrants, rights or options issued to the holder thereof, or otherwise in respect thereof; and 

(b) in the event of any consolidation or merger involving the issuer thereof and in which such issuer is not the surviving Person, all shares
of each class of the equity interests of the successor Person formed by or resulting from such consolidation or merger. 

“Proceeds” means any “Proceeds,” as such term is defined in Section 9.102(a)(65) of the UCC and, in any event,
shall include, but not be limited to, (a) any and all Proceeds of any insurance, indemnity, warranty, or guaranty payable to the Debtor from time to time with respect to any of the Collateral, (b) any and all payments (in any form
whatsoever) made or due and payable to the Debtor from time to time in connection with any requisition, confiscation, condemnation, seizure, or forfeiture of all or any part of the Collateral by any Governmental Authority (or any person acting under
color of Governmental Authority), and (c) any and all other amounts from time to time paid or payable under or in connection with any of the Collateral. 

“Schedule” refers to a specific schedule to this Agreement, unless another document is specifically referenced. 

“Section” means a numbered Section of this Agreement, unless another document is specifically referenced. 

  
 - 2 - 

 “Secured Obligations” means the Obligations, including without limitation any
such Obligations incurred or accrued during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, whether or not allowed or allowable in such proceeding. 

“Security” has the meaning set forth in 8.102(a)(15) of the UCC. 

“UCC” means the Uniform Commercial Code as in effect in the State of Texas, as the same has been or may be amended or revised
from time to time, or, if so required with respect to any particular Collateral by mandatory provisions of applicable law, as in effect in the jurisdiction in which such Collateral is located. 

The foregoing definitions shall be equally applicable to both the singular and plural forms of the defined terms. 

ARTICLE II 
 GRANT OF SECURITY
INTEREST 
 2.1 Security Interest. The Debtor hereby pledges, assigns and grants to the Secured Party, a continuing security interest
in all of the Debtor’s right, title and interest in and to the Collateral to secure the prompt and complete payment and performance of the Secured Obligations. If the security interest granted hereby in any rights of the Debtor under any
contract included in the Collateral is expressly prohibited by such contract, then the security interest hereby granted therein nonetheless remains effective to the extent allowed by Article or Chapter 9 of the UCC or other applicable law but is
otherwise limited by that prohibition. 
 2.2 Debtor Remains Liable. Notwithstanding anything to the contrary contained herein,
(a) the Debtor shall remain liable under the contracts and agreements included in the Collateral to the extent set forth therein to perform all of its respective duties and obligations thereunder to the same extent as if this Agreement had not
been executed, (b) the exercise by the Secured Party of any of its rights hereunder shall not release the Debtor from any of its duties or obligations under the contracts and agreements included in the Collateral, and (c) the Secured Party
shall not have any obligation or liability under any of the contracts and agreements included in the Collateral by reason of this Agreement, nor shall the Secured Party be obligated to perform any of the obligations or duties of the Debtor
thereunder or to take any action to collect or enforce any claim for payment assigned hereunder. 
 2.3 Authorization to File Financing
Statements. The Debtor hereby irrevocably authorizes the Secured Party at any time and from time to time to file in any UCC jurisdiction any initial financing statements and amendments thereto that contain any information required by subchapter
E of Chapter 9 of the UCC for the sufficiency or filing office acceptance of any financing statement or amendment. The Debtor agrees to furnish any such information to the Secured Party promptly upon request. 

2.4 Limitation on Liability. Notwithstanding any provision to the contrary contained herein or in any other of the Loan Documents, the
obligations of the Debtor under this Agreement and the other Loan Documents shall be limited to an aggregate amount equal to the largest amount that would not render such obligations subject to avoidance under the Debtor Relief Laws or any
comparable provisions of any applicable state law. 

  
 - 3 - 

 2.5 Forte Collateral and Dick Collateral. The Secured Party acknowledges that the Secured
Party is aware that the Debtor is a party to the following documents: (a) the Security and Membership Interest Pledged Agreement, dated July 16, 2013, executed by Debtor, as pledgor, and Jeff Forte, as secured party, pursuant to which
Debtor granted Jeff Forte a security interest in various collateral, including 25% of the membership interests in Borrower owned by Debtor (collectively, the “Forte Collateral”) and (b) the Security and Membership Interest
Pledged Agreement, dated July 16, 2013, executed by Debtor, as pledgor, and Brian Dick, as secured party, pursuant to which Debtor granted Brian Dick a security interest in various collateral, including 25% of the membership interests in
Borrower owned by Debtor (collectively, the “Dick Collateral”). Notwithstanding anything in this Agreement or any of the other Loan Documents to the contrary, the Secured Party acknowledges and agrees that the “Collateral”
referenced in this Agreement does not include any of the Forte Collateral or any of the Dick Collateral. 
 ARTICLE III 

REPRESENTATIONS AND WARRANTIES 

The Debtor represents and warrants to the Secured Party that: 

3.1 Title, Authorization, Validity and Enforceability. The Debtor has good and valid rights in and title to the Collateral with respect
to which it has purported to grant a security interest hereunder, free and clear of all Liens except for Liens permitted under Section 4.1.6, and has full power and authority to grant to the Secured Party the security interest in such
Collateral pursuant hereto. The execution and delivery by the Debtor of this Agreement has been duly authorized by proper corporate proceedings, and this Agreement constitutes a legal, valid and binding obligation of the Debtor and creates a
security interest which is enforceable against the Debtor in all now owned and hereafter acquired Collateral. With respect to Pledged Securities issued by a limited liability company the organizational documents of which do not provide that the
equity interests of such Person are a security (as provided in Article 8 of the UCC), when a financing statement has been filed in the appropriate offices against the Debtor in the locations listed on Schedule 2, the Secured Party will have a
fully perfected first priority security interest in that Collateral in which a security interest may be perfected by filing. With respect to Pledged Securities issued by a limited liability company the organizational documents of which provide that
the equity interests of such Person are a security (as provided in Article 8 of the UCC), upon receipt by Secured Party of certificates evidencing such Pledged Securities, Secured Party shall have a fully perfected first priority security interest
in such Pledged Securities. 
 3.2 Conflicting Laws and Contracts. Neither the execution and delivery by the Debtor of this Agreement,
the creation and perfection of the security interest in the Collateral granted hereunder, nor compliance with the terms and provisions hereof will violate any law, rule, regulation, order, writ, judgment, injunction, decree or award binding on the
Debtor or the issuer of the Collateral or such issuer’s articles of organization, certificate of limited partnership, certificate of formation, operating agreement, or other charter documents, as the case may be, the provisions of any
indenture, instrument or agreement to which the Debtor or such issuer is a party or is subject, or by which it, or its property, is bound, or conflict with or constitute a default thereunder, or result in the creation or imposition of any Lien
pursuant to the terms of any indenture, instrument or agreement (other than any Lien of the Secured Party). 

  
 - 4 - 

 3.3 Principal Location. The Debtor’s mailing address, and the location of its chief
executive office and of the books and records, are disclosed in Schedule 2, and each additional place of business is set forth in Schedule 2. 

3.4 Litigation. There is no litigation investigation or governmental proceeding threatened against the Debtor or any of its properties
which if adversely determined would materially and adversely affect the Collateral. 
 3.5 No Default. No Default exists under any
Loan Document to which Debtor is a party. 
 3.6 No Financing Statements. No financing statement describing all or any portion of the
Collateral which has not lapsed or been terminated naming the Debtor as debtor has been filed in any jurisdiction except financing statements naming the Secured Party as the secured party. 

3.7 Pledged Securities and Other Investment Property. Schedule 1 sets forth a complete and accurate list of all equity interests
issued by Borrower in which Debtor has any interest, together with each certificate or other Instrument, if applicable, evidencing such interest. The Debtor is the direct and beneficial owner of each equity interest, Instrument, Security and other
type of Investment Property listed on Schedule 1 as being owned by it, free and clear of any Liens, except for the security interest granted to the Secured Party hereunder. All such equity interests, certificates, Instruments, Securities or
other types of Investment Property which are shares of stock in a corporation or ownership interests in a partnership or limited liability company have been (to the extent such concepts are relevant with respect to such equity interests,
certificates, Instrument, Security or other type of Investment Property) duly and validly issued, are fully paid and non-assessable. Schedule 1 identifies whether Borrower is a partnership or limited
liability company the organizational documents of which provide that the equity interests of Borrower are a Security as defined in Chapter 8 of the UCC. 

3.8 No Transfer Restrictions. No Collateral is subject to any restriction or prohibition on the grant of a security interest in such
Collateral, the foreclosure of such security interest or other exercise of remedies with respect to such Collateral, the transfer of ownership interest in such Collateral and the exercise of all rights as a holder of such Collateral (including all
rights as a member or other owner of equity interests of Borrower) that have not been effectively waived. 

  
 - 5 - 

 ARTICLE IV 

COVENANTS 
 From the date of this
Agreement, and thereafter until this Agreement is terminated: 
 4.1 General. 

4.1.1 Inspection. The Debtor will permit the Secured Party, by its representatives and agents, upon reasonable advance
notice (a) to inspect the Collateral, (b) to examine and make copies of the records of the Debtor relating to the Collateral and (c) to discuss the Collateral and the related records of the Debtor with, and to be advised as to the
same by, the issuer of such Collateral and such issuer’s officers and employees, all at such reasonable times and intervals as the Secured Party may determine, and all at the Debtor’s expense. 

4.1.2 Taxes. The Debtor will pay when due all taxes, assessments and governmental charges and levies upon the
Collateral, except those which are being contested in good faith by appropriate proceedings and with respect to which no Lien exists. 

4.1.3 Records and Reports; Notification of Event of Default. The Debtor will maintain complete and accurate books and
records with respect to the Collateral, and furnish to the Secured Party such reports relating to the Collateral as the Secured Party shall from time to time reasonably request. The Debtor will give prompt notice in writing to the Secured Party of
the occurrence of any development, financial or otherwise, which might materially and adversely affect the Collateral. If reasonably requested by the Secured Party, the Debtor shall mark its books and records to reflect the security interest of the
Secured Party under this Agreement. 
 4.1.4 Financing Statements and Other Actions; Defense of Title. The Debtor will
execute and deliver to the Secured Party all financing statements, control agreement and other documents and take such other actions as may from time to time be reasonably requested by the Secured Party in order to maintain a perfected first
priority security interest in and, in the case of Investment Property, Control of, the Collateral. The Debtor will take any and all commercially reasonable actions necessary to defend title to the Collateral against all persons and to defend the
security interest of the Secured Party in the Collateral and the priority thereof against any Lien not expressly permitted hereunder. 

4.1.5 Disposition of Collateral. The Debtor will not sell, lease or otherwise dispose of the Collateral except
dispositions specifically permitted pursuant to the Loan Agreement. 
 4.1.6 Liens. The Debtor will not create, incur,
or suffer to exist any Lien on the Collateral except the security interest created by this Agreement. 

  
 - 6 - 

 4.1.7 Change in Location, Jurisdiction of Organization or Name. The Debtor
will not (a) maintain records relating to the Collateral at a location other than at the location specified on Schedule 2, (b) change its name or taxpayer identification number, (c) change its mailing address, or
(d) change its jurisdiction of organization, unless the Debtor shall have given the Secured Party not less than 30 days prior written notice thereof, and Debtor has taken such action as Secured Party may request and Secured Party has taken such
action as Secured Party shall have determined as necessary to maintain the validity, perfection and priority of the Secured Party’s security interest in the Collateral. 

4.1.8 Other Financing Statements. The Debtor will not file or authorize the filing on its behalf or the filing of any
financing statement naming it as debtor covering all or any portion of the Collateral. 
 4.2 Instruments and Securities. The Debtor
will (a) deliver to the Secured Party immediately upon execution of this Agreement the originals of all certificates, Securities and Instruments (if any then exist) included in Collateral, and (b) hold in trust for the Secured Party upon
receipt and immediately thereafter deliver to the Secured Party any certificates, Securities and Instruments evidencing or constituting Collateral. The Debtor shall cause each certificate or Instrument evidencing or constituting Collateral to be
issued in form acceptable to Secured Party (including no legend or other provision not acceptable to Secured Party). The Debtor shall cause each such certificate or Instrument to be delivered with a stock or other appropriate power, undated and
executed in blank. 
 4.3 Uncertificated Securities and Certain Other Investment Property. The Debtor will take any actions necessary
to cause (a) the issuers of uncertificated securities which are Collateral and which are Securities and equity interests and (b) any financial intermediary which is the holder of any Investment Property, to cause the Secured Party to have
and retain Control over such Securities or other Investment Property and equity interests. Without limiting the foregoing, the Debtor will, with respect to Investment Property held with a financial intermediary, take commercially reasonable efforts
to cause such financial intermediary to enter into a control agreement with the Secured Party in form and substance reasonably satisfactory to the Secured Party. 

4.4 Ownership Interests. 

4.4.1 Changes in Capital Structure of Issuers. The Debtor will not, except as permitted under the Loan Agreement
(a) permit or suffer any affiliated issuer of any equity interests or other ownership interests in a limited liability company constituting Collateral to dissolve, liquidate, retire any of its equity interests or other Instruments or Securities
evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (b) vote any of the equity interests, Instruments, Securities or other Investment Property in favor of any of the foregoing. 

4.4.2 Issuance of Additional Securities and Equity Interests. The Debtor will not permit or suffer the affiliated issuer
of any equity interests, corporate securities or other ownership interests in a limited liability company constituting Collateral to issue any such equity interests, securities or other ownership interests, any right to receive the same or any right
to receive earnings, unless the Debtor’s percentage interest in all equity interests of such issuer remains the same after giving effect thereto or all of the Debtor’s interests in all equity interests are pledged to Secured Party, subject
to Section 2.5 hereof, and in each case the Debtor complies with the provisions of this Agreement with respect to such equity interests and other ownership interests. 

  
 - 7 - 

 4.4.3 Exercise of Rights in Pledged Securities and other Investment
Property. The Debtor will permit the Secured Party or its nominee at any time after the occurrence and during the continuance of an Event of Default, without notice, to exercise all voting and other rights relating to the Collateral, including,
without limitation, exchange, subscription or any other rights, privileges, or options pertaining to any equity interests or other ownership interests or Investment Property in or of a limited liability company constituting Collateral as if it were
the absolute owner thereof. 
 4.4.4 Issuance of Securities. Debtor shall not permit any ownership interests in a
limited liability company which are included within the Collateral to at any time constitute a Security or consent to the issuer of any such interests taking any action to have such interests treated as a Security unless (a) all certificates or
other documents constituting such Security have been delivered to the Secured Party and such Security is properly defined as such under Chapter 8 of the UCC of the applicable jurisdiction, whether as a result of actions by the issuer thereof or
otherwise, or (b) the Secured Party has entered into a control agreement with the issuer of such Security or with a securities intermediary relating to such Security and such Security is defined as such under Chapter 8 of the UCC of the
applicable jurisdiction, whether as a result of actions by the issuer thereof or otherwise. 
 4.5 Further Assurances. At any time and
from time to time, upon the request of the Secured Party, and at the sole expense of the Debtor, Debtor shall promptly execute and deliver all such further instruments and documents and take such further action as the Secured Party may reasonably
deem necessary or desirable to preserve and perfect its security interest in the Collateral and priority thereof and carry out the provisions and purposes of this Agreement, including, without limitation, the execution and filing of such financing
statements as the Secured Party may reasonably require. A carbon, photographic, or other reproduction of this Agreement or of any financing statement covering the Collateral or any part thereof shall be sufficient as a financing statement and may be
filed as a financing statement. 
 ARTICLE V 

DEFAULT 
 5.1 Acceleration and
Remedies. Upon the occurrence and during the continuation of an Event of Default under the Loan Agreement or any other Loan Document, the Secured Party may exercise any or all of the following rights and remedies: 

5.1.1 Those rights and remedies provided in this Agreement, the Loan Agreement, or any other Loan Document, provided that this
Section 5.1.1 shall not be understood to limit any rights or remedies available to the Secured Party prior to an Event of Default that by their terms are not so limited. 

  
 - 8 - 

 5.1.2 Those rights and remedies available to a secured party under the UCC
(whether or not the UCC applies to the affected Collateral) or under any other applicable law (including, without limitation, any law governing the exercise of a bank’s right of setoff or bankers’ Lien) when a debtor is in default under a
security agreement. 
 5.1.3 Without notice except as specifically provided in Section 8.1 or elsewhere herein,
sell, lease, assign, grant an option or options to purchase or otherwise dispose of the Collateral or any part thereof in one or more parcels at public or private sale, for cash, on credit or for future delivery, and upon such other terms as the
Secured Party may deem commercially reasonable. 
 5.2 Debtor’s Obligations Upon Event of Default. Upon the request of the
Secured Party after the occurrence of an Event of Default, the Debtor will: 
 5.2.1 Assembly of Collateral. Assemble
and make available to the Secured Party the Collateral and all records relating thereto at any place or places specified by the Secured Party. 

5.2.2 The Secured Party’s Access. Permit the Secured Party, by the Secured Party’s representatives and agents,
to enter any premises where all or any part of the Collateral, or the books and records relating thereto, or both, are located, to take possession of all or any part of the Collateral and to remove all or any part of the Collateral. 

ARTICLE VI 
 WAIVERS, AMENDMENTS
AND REMEDIES 
 No delay or omission of the Secured Party to exercise any right or remedy granted under this Agreement shall impair such
right or remedy or be construed to be a waiver of any Event of Default, or an acquiescence therein, and any single or partial exercise of any such right or remedy shall not preclude any other or further exercise thereof or the exercise of any other
right or remedy. No waiver, amendment or other variation of the terms, conditions or provisions of this Agreement whatsoever shall be valid unless in writing signed by the Secured Party and then only to the extent in such writing specifically set
forth. All rights and remedies contained in this Agreement or by law afforded shall be cumulative and all shall be available to the Secured Party until the Secured Obligations have been paid in full. 

ARTICLE VII 
 PROCEEDS 

7.1 Application of Proceeds. After the occurrence and during the continuation of an Event of Default, the Proceeds of the Collateral
shall be applied by the Secured Party to payment of the Secured Obligations in such manner and order as the Secured Party may elect in its sole discretion. 

  
 - 9 - 

 ARTICLE VIII 

GENERAL PROVISIONS 
 8.1
Notice of Disposition of Collateral. To the extent notice of the time and place of any public sale or the time after which any private sale or other disposition of all or any part of the Collateral may not be waived under applicable law, any
notice made shall be deemed reasonable if sent to the Debtor, addressed as set forth in Article IX, at least 10 days prior to (a) the date of any such public sale or (b) the time after which any such private sale or other
disposition may be made. 
 8.2 [Reserved]. 

8.3 The Secured Party Performance of Debtor’s Obligations. Without having any obligation to do so, the Secured Party may perform or
pay any obligation which the Debtor has agreed to perform or pay in this Agreement and Debtor shall, reimburse the Secured Party for any amounts paid by the Secured Party pursuant to this Section 8.3. The Debtor’s obligation to
reimburse the Secured Party pursuant to the preceding sentence shall be a Secured Obligation payable on demand. 
 8.4 Authorization for
the Secured Party to Take Certain Action. The Debtor irrevocably authorizes the Secured Party at any time and from time to time in the sole discretion of the Secured Party and appoints the Secured Party as its attorney in fact during the
existence of an Event of Default (a) to execute on behalf of the Debtor as debtor and to file financing statements and amendments and continuations thereto necessary or desirable in the Secured Party’s sole discretion to perfect and to
maintain the perfection and priority of the Secured Party’s security interest in the Collateral, (b) to indorse and collect any cash Proceeds of the Collateral, (c) to file a carbon, photographic or other reproduction of this
Agreement or any financing statement with respect to the Collateral as a financing statement in such offices as the Secured Party in its sole discretion deems necessary or desirable to perfect and to maintain the perfection and priority of the
Secured Party’s security interest in the Collateral, (d) to contact and enter into one or more agreements with the issuers of Collateral with financial intermediaries holding other Investment Property included in Collateral as may be
necessary or advisable to give the Secured Party Control over such Securities or other Investment Property and the rights intended by this Agreement with respect to all Collateral, (e) to apply the Proceeds of any Collateral received by the
Secured Party to the Secured Obligations as provided in Article VII, and (f) to discharge past due taxes, assessments, charges, fees or Liens on the Collateral, and the Debtor agrees to reimburse the Secured Party on demand for any
payment made or any expense incurred by the Secured Party in connection therewith, provided that this authorization shall not relieve the Debtor of any of its obligations under this Agreement or under any other Loan Document. 

8.5 Specific Performance of Certain Covenants. The Debtor acknowledges and agrees that a breach of any of the covenants contained in
Sections 4.1.4, 4.1.6, 4.2 or 8.6 will cause irreparable injury to the Secured Party, that the Secured Party has no adequate remedy at law in respect of such breaches and therefore agrees, without limiting the right of the Secured Party to
seek and obtain specific performance of other obligations of the Debtor contained in this Agreement, that the covenants of the Debtor contained in the Sections referred to in this Section 8.5 shall be specifically enforceable against the
Debtor. 

  
 - 10 - 

 8.6 Dispositions Not Authorized. The Debtor is not authorized to sell or otherwise dispose
of the Collateral except as set forth in Section 4.1.5 and notwithstanding any course of dealing between the Debtor and the Secured Party or other conduct of the Secured Party, no authorization to sell or otherwise dispose of the
Collateral (except as set forth in Section 4.1.5) shall be binding upon the Secured Party unless such authorization is in writing signed by the Secured Party. 

8.7 Benefit of Agreement. The terms and provisions of this Agreement shall be binding upon and inure to the benefit of the Debtor, the
Secured Party and their respective successors and assigns, except that the Debtor shall not have the right to assign its rights or delegate its obligations under this Agreement or any interest herein, without the prior written consent of the Secured
Party. 
 8.8 Survival of Representations. All representations and warranties of the Debtor contained in this Agreement shall survive
the execution and delivery of this Agreement. 
 8.9 Taxes and Expenses. Any taxes (including income taxes) payable or ruled payable
by federal or state authority in respect of this Agreement shall be paid by the Debtor, together with interest and penalties, if any. Debtor shall reimburse the Secured Party for any and all reasonable out-of-pocket expenses and internal charges (including reasonable attorneys’, auditors’ and accountants’ fees and reasonable time charges of attorneys, paralegals, auditors and accountants who
may be employees of the Secured Party) paid or incurred by the Secured Party in connection with the preparation, execution, delivery, administration, collection and enforcement of this Agreement and in the audit, analysis, administration,
collection, preservation or sale of the Collateral (including the reasonable expenses and charges associated with any periodic or special audit of the Collateral). Any and all costs and expenses incurred by the Debtor in the performance of actions
required pursuant to the terms hereof shall be borne solely by the Debtor. 
 8.10 Headings. The title of and section headings in this
Agreement are for convenience of reference only, and shall not govern the interpretation of any of the terms and provisions of this Agreement. 

8.11 Termination. This Agreement shall continue in effect (notwithstanding the fact that from time to time there may be no Secured
Obligations outstanding) until (a) the Loan Agreement has terminated pursuant to its express terms and (b) all of the Secured Obligations have been indefeasibly paid and performed in full and no commitments of the Secured Party which would
give rise to any Secured Obligations are outstanding. 
 8.12 Entire Agreement. This Agreement embodies the entire agreement and
understanding between the Debtor and the Secured Party relating to the Collateral and supersedes all prior agreements and understandings between the Debtor and the Secured Party relating to the Collateral. 

  
 - 11 - 

 8.13 CHOICE OF LAW. THIS AGREEMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH,
THE INTERNAL LAWS (AND NOT THE LAW OF CONFLICTS) OF THE STATE OF TEXAS, BUT GIVING EFFECT TO FEDERAL LAWS APPLICABLE TO NATIONAL BANKS. 

8.14 INDEMNITY. THE DEBTOR HEREBY AGREES TO INDEMNIFY SECURED PARTY AND ITS RESPECTIVE SUCCESSORS, ASSIGNS, AGENTS, ATTORNEYS, AND
EMPLOYEES, FROM AND AGAINST ANY AND ALL LIABILITIES, DAMAGES, PENALTIES, SUITS, COSTS, AND EXPENSES OF ANY KIND AND NATURE (INCLUDING, WITHOUT LIMITATION, ALL EXPENSES OF LITIGATION OR PREPARATION THEREFOR WHETHER OR NOT SECURED PARTY IS A PARTY
THERETO) IMPOSED ON, INCURRED BY OR ASSERTED AGAINST SECURED PARTY OR THEIR RESPECTIVE SUCCESSORS, ASSIGNS, AGENTS, ATTORNEYS, AND EMPLOYEES, IN ANY WAY RELATING TO OR ARISING OUT OF THIS AGREEMENT, OR THE MANUFACTURE, PURCHASE, ACCEPTANCE,
REJECTION, OWNERSHIP, DELIVERY, LEASE, POSSESSION, USE, OPERATION, CONDITION, SALE, RETURN OR OTHER DISPOSITION OF ANY COLLATERAL (INCLUDING, WITHOUT LIMITATION, LATENT AND OTHER DEFECTS, WHETHER OR NOT DISCOVERABLE BY THE SECURED PARTY OR THE
DEBTOR, AND ANY CLAIM FOR PATENT, TRADEMARK OR COPYRIGHT INFRINGEMENT). WITHOUT LIMITING ANY PROVISION OF THIS AGREEMENT, IT IS THE EXPRESS INTENTION OF THE PARTIES HERETO THAT EACH PERSON TO BE INDEMNIFIED UNDER THIS SECTION SHALL BE INDEMNIFIED
FROM AND HELD HARMLESS AGAINST ANY AND ALL LOSSES, LIABILITIES, CLAIMS, DAMAGES, PENALTIES, JUDGMENTS, DISBURSEMENTS, COSTS, AND EXPENSES (INCLUDING REASONABLE ATTORNEYS’ FEES) ARISING OUT OF OR RESULTING FROM THE SOLE CONTRIBUTORY OR ORDINARY
NEGLIGENCE OF SUCH PERSON; PROVIDED, HOWEVER, NO PERSON SHALL BE INDEMNIFIED HEREUNDER FOR ITS OWN GROSS NEGLIGENCE OR WILLFUL MISCONDUCT. 

ARTICLE IX 
 NOTICES 

9.1 Sending Notices. Any notice required or permitted to be given under this Agreement shall be sent (and deemed received) to the
addresses set forth on the signature pages hereto in the manner set forth in the Loan Agreement. All such notices to the Debtor hereunder shall be given or made at the appropriate address or telecopier number of the Debtor in accordance with the
Loan Agreement. 
 9.2 Change in Address for Notices. The Debtor and the Secured Party may change the address for service of notice
upon it by a notice in writing to the other parties. 

  
 - 12 - 

 IN WITNESS WHEREOF, the Debtor and the Secured Party have executed this Agreement as of the date
first above written. 
  

					
	DEBTOR:
	
	EARTH911, INC.,
	a Delaware corporation
		
	By:	 	/s/ Laurie L. Latham
		 	Name:	 	Laurie L. Latham
		 	Title:	 	CFO

  

			
	Address for Notices:
	
	6175 Main Street, Suite 420
	Frisco, Texas 75034
	Attn: Laurie L. Latham
	Fax No.:	 	866-892-7478
	Telephone No:	 	972-464-0011
	
	with a copy to:
	
	Greenberg Traurig, LLP
	2375 E. Camelback Road, Suite 700
	Phoenix, Arizona 85016
	Attn: Robert S. Kant
	Fax No.:	 	602-445-8100
	Telephone No:	 	602-445-8302

 Signature Page to Pledge Agreement 

  

					
	SECURED PARTY:
	
	REGIONS BANK
		
	By:	 	/s/ Catherine M. Young
		 	Name:	 	Catherine M. Young
		 	Title:	 	SVP
		
	Address for Notices:	 	1717 McKinney Avenue, Suite 1100 Dallas, Texas 75202
			
	Fax No.:	 		 	 
	Telephone No.:	 		 	469-608-2731
	Attention:	 		 	Catherine M. Young

 Signature Page to Security Agreement 

 SCHEDULE 1 

List of Membership Interests 
 Debtor:
EARTH911, INC., a Delaware corporation 
  

	
	Issuer Name: QUEST RESOURCE MANAGEMENT GROUP, LLC
	
	Jurisdiction of Organization of Issuer: Delaware
	
	Issuer Entity Type: Limited Liability Company
	
	Equity Interests of issuer owned by Debtor: 100%; provided, however, that only 50% are pledged pursuant to the terms of this Agreement
	
	 Certificates representing

    Equity Interest of issuer: NONE

	
	 Organization documents of issuer

    provide that Equity Interest of issuer

    is a security: NO

 Schedule 1 – Page 1 

 SCHEDULE 2 

Principal Place of Business and Mailing Address; Location of Records 

 

			
	Principal Place of Business and Mailing Address:	 	 6175 Main Street
 Suite 420

Frisco, Texas 75034

		
	 Location of Records (if different from Principal Place

of Business above):
	 	Same
		
	Other Business Locations, if any:	 	 1375 N. Scottsdale Road
 Suite 140

Scottsdale, Arizona 85257

 Schedule 2 – Page 1Form of Restricted Stock Agreement

 Exhibit 10.1 

INSTALLED BUILDING PRODUCTS, INC. 

RESTRICTED STOCK AGREEMENT 

PURSUANT TO THE 

INSTALLED BUILDING PRODUCTS, INC. 

2014 OMNIBUS INCENTIVE PLAN 

This Restricted Stock Agreement (the “Agreement”) is effective as of [•], 20     by and
between Installed Building Products, Inc., a Delaware corporation (the “Company”), and [•] (the “Participant”). 

Terms and Conditions 

The Company hereby grants to the Participant as a Non-Employee Director of the Company, as of [•],
20         (the “Grant Date”), pursuant to the Installed Building Products, Inc. 2014 Omnibus Incentive Plan, as it may be amended from time to time (the “Plan”), the number
of shares of the Company’s Common Stock set forth in Section 1 below. Except as otherwise indicated, any capitalized term used but not defined herein shall have the meaning ascribed to such term in the Plan. A copy of the Plan has
been delivered to the Participant. By signing and returning this Agreement, the Participant acknowledges having received and read a copy of the Plan and agrees to comply with the Plan, this Agreement and all applicable laws and regulations. 

The parties agree as follows: 

1. Grant of Shares. Subject to the terms and conditions set forth herein and in the Plan, effective as of the Grant Date, the
Company awards to the Participant [•] shares of its Common Stock. Such shares are subject to certain restrictions set forth in Section 2 hereof, which restrictions shall lapse at the times provided in Section 2(b)
hereof. For the period during which such restrictions are in effect, the shares of Common Stock subject to such restrictions are referred to herein as the “Restricted Stock.” The Restricted Stock, in the sole discretion of the
Company’s Compensation Committee of the Board of Directors, may be evidenced by a certificate or credited to a book entry account maintained by the Company (or its designee) on behalf of the Participant and such certificate or book entry shall
contain a legend recording the restrictions on the Restricted Stock. 
 2. Restricted Stock. 

(a) Rights as a Stockholder. Prior to the time the Restricted Stock is fully vested, (i) the Participant shall have no right
to tender the shares of Restricted Stock, (ii) dividends or other distributions (collectively, “Dividends”) on the Restricted Stock shall be withheld for as long as the Restricted Stock is subject to restrictions, and
(iii) Dividends shall not be paid until the shares of Restricted Stock to which they relate are no longer subject to a risk of forfeiture. Dividends not paid currently shall be credited to accounts on the Company’s records under the Plan
and shall not accrue interest. Such Dividends shall be paid to the Participant in the same form as paid on the Common Stock upon the lapse of the restrictions. 

 (a) Vesting. Subject to Section 2(c) and the terms and conditions of
this Agreement, all of the Restricted Stock subject to this Agreement shall vest and cease to be Restricted Stock (but will remain subject to the terms of this Agreement and the Plan) on the earlier to occur of (i) the one year anniversary of
the Grant Date and (ii) immediately prior to the first annual meeting of the Company’s stockholders occurring after the Grant Date (the “Vesting Date”), provided that the Participant has not experienced a Termination prior
to the Vesting Date. There shall be no proportionate or partial vesting prior to the Vesting Date. 
 (b) Forfeiture. The
Participant shall forfeit to the Company, without compensation, all unvested Restricted Stock immediately upon the Participant’s Termination for any reason.

(c) Section 83(b). If the Participant properly elects under Section 83(b) of the Code within thirty (30) days
after the Grant Date to include in gross income for federal income tax purposes in the year of issuance the fair market value of the Restricted Stock, the Participant shall promptly deliver to the Company a signed copy of such election. In the event
of such election, the Participant shall promptly pay to the Company or make arrangements satisfactory to the Company to pay to the Company any federal, state, local or other taxes that the Company is required to withhold with respect to the
Restricted Stock. The Participant acknowledges that it is his or her sole responsibility, and not the Company’s, to file timely and properly the election under Section 83(b) of the Code and any corresponding provisions of state tax laws if
he or she elects to utilize such election. 
 (d) Certificates. If, after the Grant Date, certificates are issued with respect
to the shares of Restricted Stock, such issuance and delivery of certificates shall be made in accordance with the applicable terms of the Plan. 

3. Certain Legal Restrictions. The Plan, this Agreement, the granting and vesting of the Restricted Stock, and any obligations of
the Company under the Plan and this Agreement, shall be subject to all applicable federal, state and local laws, rules and regulations, and to such approvals by any regulatory or governmental agency as may be required, and to any rules or
regulations of any exchange on which the Common Stock is listed. 
 4. Change in Control. In the event of a Change in Control,
as defined in the Plan, all of the Restricted Stock subject to this Agreement shall vest and cease to be Restricted Stock upon the consummation of the Change in Control event. 

5. Withholding of Taxes. The Participant acknowledges and agrees that Participant, and not the Company, shall be responsible for
his or her tax liability that may arise with respect to the Restricted Stock; provided that the Company shall have the right to deduct from any payment to be made pursuant to this Agreement and the Plan, or to otherwise require, prior to the
issuance or delivery of any shares of Common Stock, payment by the Participant of any federal, state or local taxes solely to the extent required by law to be withheld by the Company; and provided further, that upon the vesting of the Restricted
Stock, or upon making an election under Section 83(b) of the Code, the Participant shall pay to the Company all federal, state or local taxes solely to the extent such amounts are required by law to be withheld by the Company. 

  
 2 

 6. Provisions of Plan Control. This Agreement is subject to the terms, conditions
and provisions of the Plan, including without limitation the amendment provisions thereof, and to such rules, regulations and interpretations relating to the Plan as may be adopted by the Compensation Committee and as may be in effect from time to
time. The Plan is incorporated herein by reference. If and to the extent that any provision of this Agreement conflicts or is inconsistent with the terms set forth in the Plan, the Plan shall control, and this Agreement shall be deemed to be
modified accordingly. 
 7. Recoupment Policy. The Participant acknowledges and agrees that the Restricted Stock shall be
subject to the terms and provisions of any “clawback” or recoupment policy that may be adopted by the Company from time to time or as may be required by the Plan or any applicable law (including, without limitation, the Dodd-Frank Wall
Street Reform and Consumer Protection Act and rules and regulations thereunder). 
 8. Entire Agreement. This Agreement
and the Plan contain the entire understanding of the parties with respect to the subject matter hereof and supersede any prior agreements between the Company and the Participant with respect to the subject matter hereof. 

9. Notices. Any notice or communication given hereunder shall be in writing or by electronic means as set forth in
Section 13 and, if in writing, shall be deemed to have been duly given: (i) when delivered in person; (ii) two days after being deposited in the United States mail; or (iii) on the first business day following the date of
deposit if delivered by a nationally recognized overnight delivery service, to the appropriate party at the address set forth below (or such other address as the party shall from time to time specify): 

If to the Company, to: 

Installed Building Products, Inc. 

495 South High Street, Suite 50 

Columbus, OH 43215 
 Attention:
General Counsel and Secretary 
 If to the Participant, to the address on file with the Company. 

10. No Guarantee of Continued Service. Neither this Agreement, the Plan nor the shares of Restricted Stock awarded hereby shall
confer upon the Participant any right with respect to continued service to the Company, nor shall this Agreement, the Plan or the shares of Restricted Stock awarded hereby interfere in any way with any right the Company would otherwise have to
terminate the Participant’s service at any time. This Agreement shall not be deemed to enlarge or alter any rights Participant may have pursuant to any other agreement with the Company. 

11. WAIVER OF JURY TRIAL. EACH PARTY TO THIS AGREEMENT, FOR ITSELF AND ITS AFFILIATES, HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES
TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW ANY RIGHT TO TRIAL BY JURY IN ANY ACTION, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT OR OTHERWISE) ARISING OUT OF OR RELATING TO THE ACTIONS OF THE PARTIES HERETO OR THEIR RESPECTIVE
AFFILIATES PURSUANT TO THIS AGREEMENT OR IN THE NEGOTIATION, ADMINISTRATION, PERFORMANCE OR ENFORCEMENT OF THIS AGREEMENT. 

  
 3 

 12. Interpretation. All section titles and captions in this Agreement are
for convenience only, shall not be deemed part of this Agreement, and in no way shall define, limit, extend or describe the scope or intent of any provisions of this Agreement. 

13. Mode of Communications. The Participant agrees, to the fullest extent permitted by applicable law, in lieu of receiving
documents in paper format, to accept electronic delivery of any documents that the Company or any of its affiliates may deliver in connection with this grant of Restricted Stock and any other grants awarded by the Company, including without
limitation, prospectuses, grant notifications, account statements, annual or quarterly reports, and other communications. The Participant further agrees that electronic delivery of a document may be made via the Company’s email system or by
reference to a location on the Company’s intranet or website or the online brokerage account system. 
 14. No
Waiver. No failure by any party to insist upon the strict performance of any covenant, duty, agreement or condition of this Agreement or to exercise any right or remedy consequent upon a breach thereof shall constitute waiver of any
such breach or any other covenant, duty, agreement or condition. 
 15. Severability. If any provision of this Agreement
is declared or found to be illegal, unenforceable or void, in whole or in part, then the parties hereto shall be relieved of all obligations arising under such provision, but only to the extent that it is illegal, unenforceable or void, it being the
intent and agreement of the parties hereto that this Agreement shall be deemed amended by modifying such provision to the extent necessary to make it legal and enforceable while preserving its intent or, if that is not possible, by substituting
therefor another provision that is legal and enforceable and achieves the same objectives. 
 16. Counterparts. This Agreement
may be executed in counterparts, all of which together shall constitute one agreement binding on all the parties hereto, notwithstanding that all such parties are not signatories to the original or the same counterpart. 

17. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware,
without giving effect to its principles of conflict of laws. 

  
 4 

 IN WITNESS WHEREOF, the parties have executed this Agreement on the date and year first above
written. 
  

	
	INSTALLED BUILDING PRODUCTS, INC.
	
	By:                                     
                                         
                
	Name:
	Title:

  

	
	PARTICIPANT
	
	By:                                     
                                         
           
	Name:

  
 5

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00231-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00231-of-00352.parquet"}]]