Document:

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                                                                   Exhibit 10.13

                          SECURITIES PLEDGE AGREEMENT

     Securities pledge agreement dated as of the 13/th/ day of June, 2000, made
by SWT HOLDINGS B.V. (the "Obligor"), a limited liability company organized
under the laws of The Netherlands, to and in favour of FLEET NATIONAL BANK for
the benefit of and as agent of the Secured Creditors.

  WHEREAS:

     A.   the Canadian Borrower and SWT, as borrowers, Weigh-Tronix, LLC, the
Lenders, as lenders, Lehman Brothers Inc., as sole advisor, Lehman Brothers Inc.
and FleetBoston Robertson Stephens Inc., as co-arrangers and co-book managers,
Lehman Commercial Paper Inc., as syndication agent, Fleet National Bank, as
security agent, and the Agent entered into the Amended and Restated Credit
Agreement providing for the making of credit facilities available to the
Canadian Borrower and SWT;

     B.   the Obligor has guaranteed the payment and performance of all present
and future debts, liabilities and obligations, direct or indirect, absolute or
contingent, of the Canadian Borrower and SWT to the Collateral Agent and the
Secured Creditors arising under, in connection with or pursuant to the Amended
and Restated Credit Agreement and the other Credit Documents;

     C.   it is a condition precedent to the continued extensions of credit to
the Canadian Borrower and SWT under the Amended and Restated Credit Agreement
that the Obligor execute and deliver this securities pledge agreement to and in
favour of the Collateral Agent as security for the payment and performance of
the Secured Obligations by the Obligor; and

     D.   the Obligor has determined that it is in the best interests of the
Obligor to enter into this securities pledge agreement.

     NOW THEREFORE, in consideration of the foregoing premises, the sum of
$10.00 in lawful money of Canada now paid by the Collateral Agent to the Obligor
and other good and valuable consideration (the receipt and adequacy of which are
hereby acknowledged), the Obligor agrees as follows:

                                   ARTICLE 1
                                INTERPRETATION

Section 1.1  Defined Terms.

     As used in this securities pledge agreement and the recitals hereto, the
following terms have the following meanings:
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     "Agent" means Fleet National Bank acting as administrative agent for the
Lenders under the Amended and Restated Credit Agreement and any successor
appointed pursuant to the Amended and Restated Credit Agreement.

     "Amended and Restated Credit Agreement" means the amended and restated
credit agreement dated as of the 13/th/ day of June, 2000 among the Canadian
Borrower and SWT, as borrowers, Weigh-Tronix, LLC, the Lenders, as lenders,
Lehman Brothers Inc., as sole advisor, Lehman Brothers Inc. and FleetBoston
Robertson Stephens Inc., as co-arrangers and co-book managers, Lehman Commercial
Paper Inc., as syndication agent, Fleet National Bank, as security agent, and
the Agent, as the same may be further amended, modified, extended, renewed,
replaced, restated, supplemented or refinanced from time to time and including
any agreement extending the maturity of, refinancing or restructuring (including
the inclusion of additional borrowers hereunder or any increase in the amount
borrowed) all or any portion of, the indebtedness under such agreement or any
successor agreements, whether or not with the same agent or lenders.

     "Canadian Borrower" means Weigh-Tronix Canada, ULC, an unlimited company
incorporated and existing under the laws of the Province of Nova Scotia, and its
successors and permitted assigns.

     "Collateral" has the meaning ascribed thereto in Section 2.1(1).

     "Collateral Agent" means the Agent acting as collateral agent for the
Secured Creditors.

     "Credit Documents" means, collectively, the Amended and Restated Credit
Agreement, the Loan Documents, the Letters of Credit, any Specified Hedge
Agreement and any one document made, delivered or given in connection therewith.

     "Event of Default" shall mean any Event of Default under, and as defined
in, the Amended and Restated Credit Agreement, or any payment default, after any
applicable grace period, under any other Credit Document.

     "Guarantee" means the guarantee and indemnity dated as of June 13, 2000,
entered into by the Obligor, to and in favour of the Collateral Agent and the
Secured Creditors, as such guarantee and indemnity may be amended, modified,
extended, renewed, replaced, restated or supplemented from time to time.

     "Instruments" means, (i) a bill, note or cheque within the meaning of the
Bills of Exchange Act (Canada) or any other writing that evidences a right to
the payment of money and is of a type that in the ordinary course of business is
transferred by delivery with any necessary endorsement or assignment, or (ii) a
letter of credit and
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an advice of credit if the letter or advice states that it must be surrendered
upon claiming payment thereunder, or (iii) chattel paper or any other writing
that evidences both a monetary obligation and a security interest in or a lease
of specific goods, or (iv) documents of title or any other writing that purports
to be issued by or addressed to a bailee and purports to cover such goods in the
bailee's possession as are identified or fungible portions of an identified
mass, and that in the ordinary course of business is treated as establishing
that the person in possession of it is entitled to receive, hold and dispose of
the document and the goods it covers, or (v) any document or writing commonly
known as an instrument.

     "Issuer" has the meaning ascribed thereto in Section 2.1(2).

     "Lenders" means, collectively, Lehman Brothers Inc., as sole advisor,
Lehman Brothers Inc., and FleetBoston Robertson Stephens Inc., as co-arrangers
and co-book managers, Lehman Commercial Paper Inc., as syndication agent, the
Agent and the several banks and other financial institutions and entities from
time to time parties to the Amended and Restated Credit Agreement, and their
respective successors and permitted assigns.

     "Letters of Credit" has the meaning ascribed thereto in the Amended and
Restated Credit Agreement.

     "Loan Documents" has the meaning ascribed thereto in the Amended and
Restated Credit Agreement.

     "Obligor" means SWT Holdings B.V., a limited liability company organized
under the laws of The Netherlands, and its successors and permitted assigns.

     "Person" has the meaning ascribed thereto in the Amended and Restated
Credit Agreement.

     "Secured Creditors" means, collectively, the Agent, the Collateral Agent
and the Lenders and each of the Agent, a Lender or any affiliate of such Lender,
as a counterparty under any Specified Hedge Agreement.

     "Securities" means a document that is, (i) issued in bearer, order or
registered form, (ii) of a type commonly dealt in upon securities exchanges or
markets or commonly recognized in any area in which it is issued or dealt in as
a medium for investment, (iii) one of a class or series or by its terms is
divisible into a class or series of documents, and (iv) evidence of a share,
participation or other interest in property or in an enterprise or is evidence
of an obligation of the issuer, and includes an uncertificated security.

     "Security Interest" has the meaning ascribed thereto in Section 2.2(1).
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     "Specified Hedge Agreement" has the meaning ascribed thereto in the Amended
and Restated Credit Agreement.

     "SWT" means SWT Finance B.V., a limited liability company organized under
the laws of The Netherlands, and its successors and permitted assigns.

Section 1.2  Terms Incorporated by Reference.

     Terms defined in the Personal Property Security Act (Ontario) (as amended
from time to time, the "PPSA") and used but not otherwise defined in this
securities pledge agreement shall have the same meanings.

Section 1.3  Certain Phrases, etc.

     In this securities pledge agreement the words "including" and "includes"
mean "including (or includes) without limitation".

Section 1.4  Gender and Number.

     Any reference in this securities pledge agreement to the gender shall
include all genders and words importing the singular number only shall include
the plural and vice versa.

Section 1.5  Headings, etc.

     The division of this securities pledge agreement into Articles and Sections
and the insertion of headings are for convenient reference only and are not to
affect its interpretation.

                                   ARTICLE 2
                                   SECURITY

Section 2.1  Grant of Security.

(1)  The Obligor hereby assigns, mortgages, charges, hypothecates and pledges to
     and deposits with (to the extent the Obligor has possession thereof) the
     Collateral Agent, for the benefit of and as agent of the Secured Creditors,
     and grants to the Collateral Agent, for the benefit of and as agent of the
     Secured Creditors, a security interest in the securities described in
     Schedule "A" hereto and all Securities and Instruments now owned or held by
     the Obligor and from time to time hereafter acquired by the Obligor in the
     capital of the Canadian Borrower or a Person incorporated, established or
     organized under the laws of Canada or any province thereof (collectively,
     and together with the Securities, Instruments, proceeds and other
     distributions and personal property referred to in Section 2.1(2), the
     "Collateral" and all references thereto herein including any part thereof).
     The Obligor hereby deposits with the Collateral Agent any and all
     certificates evidencing the securities
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     described in Schedule "A" each registered in the name of the Obligor duly
     endorsed for transfer in blank.

(2)  The Collateral shall include any substitutions therefor, additions thereto
     or proceeds thereof and all interests, rights and claims of the Obligor in
     respect thereof, arising out of any consolidation, subdivision,
     reclassification, stock dividend or similar increase or decrease in or
     alteration of the capital of the issuer of the Collateral (the "Issuer") or
     any other event and all interest, dividends, cash, options, warrants,
     rights, instruments and other property and monies now or hereafter
     received, distributed or declared in respect of or in exchange for such
     Collateral and all other rights, interests and claims of the Obligor in
     respect of such Collateral or evidenced thereby.

Section 2.2  Obligations Secured.

(1)  The assignments, mortgages, charges, hypothecations, pledges and security
     interests granted hereby (the "Security Interest") secure the payment and
     performance of all debts, liabilities and obligations, present or future,
     direct or indirect, absolute or contingent, matured or unmatured, at any
     time or from time to time due or accruing due and owing by or otherwise
     payable by the Obligor to the Collateral Agent and the Secured Creditors,
     in any currency, and whether incurred by the Obligor alone or with another
     or others, arising out of, in connection with or pursuant to the Amended
     and Restated Credit Agreement, the Guarantee and the other Credit Documents
     (collectively, and together with the expenses, costs and charges set out in
     Section 2.2(2), the "Secured Obligations").

(2)  All reasonable expenses, costs and charges incurred by or on behalf of the
     Collateral Agent and the Secured Creditors in connection with this
     securities pledge agreement, the Security Interest or the Collateral
     including all reasonable legal fees, court costs, receiver's or agent's
     remuneration and other expenses of taking possession of, repairing,
     protecting, insuring, preparing for disposition, realizing, collecting,
     selling, transferring, delivering or obtaining payment for the Collateral,
     and of taking, defending or participating in any action or proceeding in
     connection with any of the foregoing matters or otherwise in connection
     with the Collateral Agent's and the Secured Creditors' interest in any
     Collateral, whether or not directly relating to the enforcement of this
     securities pledge agreement or any other Credit Document, shall be added to
     and form a part of the Secured Obligations.

Section 2.3  Attachment.

(1)  The Obligor acknowledges that (i) value has been given, (ii) it has rights
     in the Collateral, (iii) it has not agreed to postpone the time of
     attachment of the
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     Security Interest, and (iv) it has received a duplicate original copy of
     this securities pledge agreement.

(2)  If any Security or Instrument is now or at any time hereafter becomes
     evidenced, in whole or in part, by uncertificated securities registered or
     recorded in records maintained by or on behalf of the Issuer thereof in the
     name of a clearing agency or a custodian or of a nominee of either, the
     Obligor shall, at the request of the Collateral Agent, cause the Security
     Interest to be entered in the records of the clearing agency or custodian.

(3)  If, after the date hereof, the Obligor acquires any certificates,
     documents, instruments or other writings evidencing any Collateral not
     already delivered to the Collateral Agent, the Obligor will, forthwith upon
     receipt by the Obligor, deliver to the Collateral Agent such certificates,
     documents, instruments or other writings as security for the Secured
     Obligations and shall, at the request of the Collateral Agent, (i) cause
     the transfer thereof to the Collateral Agent to be registered wherever, in
     the reasonable opinion of the Collateral Agent, such registration may be
     required or advisable; (ii) cause the registration thereof to be in the
     name of the Collateral Agent or duly endorse the same for transfer in
     blank, as the Collateral Agent may reasonably direct; and (iii) forthwith
     deliver to the Collateral Agent any and all consents or other instruments
     or documents that may be necessary to effect the transfer of the Collateral
     to the Collateral Agent or any third party.

Section 2.4  Care and Custody of Collateral.

     The Collateral Agent need not see to the collection of dividends on, or
exercise any option or right in connection with, the Collateral and need not
protect or preserve them from depreciating in value or becoming worthless and is
released from all responsibility for any loss of value.  The Collateral Agent
shall be bound to exercise in the physical keeping of the Collateral only the
same degree of care as it would exercise with respect to its own securities kept
at the same place.

Section 2.5  Dispositions.

     The Obligor shall not, without the prior written consent of the Collateral
Agent, further charge, assign, pledge or otherwise encumber the Collateral or
sell, exchange, release or abandon or otherwise dispose of, absolutely or by way
of security, any of its right, title or interest in and to the Collateral.

Section 2.6  Representations and Warranties.

     The Obligor hereby represents and warrants to the Collateral Agent and the
Secured Creditors as follows and acknowledges that the Collateral Agent and the
Secured Creditors are relying on such representations and warranties in
accepting the Security Interest as security for the Secured Obligations:
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     (a)  the Obligor is the legal and beneficial owner of the Collateral;

     (b)  the shares pledged by the Obligor hereunder constitute all the issued
          and outstanding shares of all classes and instruments of the shares
          and instruments of each issuer owned by the Obligor and have been duly
          and validly issued and are fully paid and non-assessible;

     (c)  no person, firm or corporation has or will have any written or oral
          option, warrant, right, call, commitment, conversion right, right of
          exchange or other agreement or any right or privilege (whether by law,
          pre-emptive or contractual) capable of becoming an option, warrant,
          right, call, commitment, conversion right, right of exchange or other
          agreement to acquire any right or interest in any of the Collateral;

     (d)  without the prior written consent of the Collateral Agent, the Obligor
          will not (A) vote to enable, or take any other action to permit, any
          issuer to issue any shares or other equity securities of any nature or
          to issue any other securities convertible into or granting the right
          to purchase or exchange for any shares or other equity securities of
          any nature of any issuer, (B) sell, assign, transfer, exchange, or
          otherwise dispose of, or grant any option with respect to, the
          Securities and Instruments or proceeds thereof (except pursuant to a
          transaction expressly permitted by the Amended and Restated Credit
          Agreement), (C) create, incur or permit to exist any lien or option in
          favour of, or any claim of any person with respect to, any of the
          Securities and Instruments or proceeds thereof, or any interest
          therein, except for the security interests created by this securities
          pledge agreement or (D) enter into any agreement or undertaking
          restricting the right or ability of the Obligor or the Collateral
          Agent to sell, assign or transfer any of the Securities pledged
          hereunder or proceeds thereof; and

     (e)  the Obligor hereby authorizes and instructs each issuer of any
          Securities pledged by the Obligor hereunder to (A) comply with any
          instruction received by it from the Collateral Agent in writing that
          (x) states that an Event of Default has occurred and is continuing and
          (y) is otherwise in accordance with the terms of this securities
          pledge agreement, without any other or further instructions from the
          Obligor, and the Obligor agrees that each issuer shall be fully
          protected in so complying, and (B) unless otherwise expressly
          permitted hereby, pay any dividends or other payments with respect to
          the Securities pledged hereunder by the Obligor directly to the
          Collateral Agent.
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Section 2.7  Registration Rights

     If the Collateral Agent shall determine to exercise its right to sell any
or all of the Securities pledged hereunder, and if in the opinion of the
Collateral Agent it is necessary or advisable to have any such Securities to be:

     (a)  qualified for distribution by prospectus pursuant to the applicable
          securities legislation in any or all provinces of Canada, the Obligor
          will cause the issuer thereof to (i) use its best efforts to file, and
          obtain a receipt from the applicable securities regulatory
          authorities, for a preliminary and final prospectus offering for sale
          such number of Securities as the Collateral Agent shall direct; and
          (ii) execute and deliver, and cause the directors and officers of such
          issuer to execute and deliver, all such certificates, instruments and
          documents, and do or cause to be done all such other acts as may be,
          in the opinion of the Collateral Agent, necessary or advisable to
          qualify such Securities for distribution by prospectus pursuant to the
          applicable securities legislation in any or all provinces of Canada;
          or

     (b)  sold or registered under the provisions of the U.S. Securities Act of
          1933, as amended, the Obligor will cause the issuer thereof to (i)
          execute and deliver, and cause the directors and officers of such
          issuer to execute and deliver, all such instruments and documents, and
          do or cause to be done all such other acts as may be, in the opinion
          of the Collateral Agent, necessary or advisable to register the
          Securities pledged hereunder, or that portion thereof to be sold,
          under the provisions of the U.S. Securities Act of 1933, as amended,
          (ii) use its best efforts to cause the registration statement relating
          thereto to become effective and to remain effective for a period of
          one year from the date of the first public offering of the Securities
          pledged hereunder, or that portion thereof to be sold, and (iii) make
          all amendments thereto and/or to the related prospectus which, in the
          opinion of the Collateral Agent, are necessary or advisable, all in
          conformity with the requirements of the U.S. Securities Act of 1933,
          as amended, and the rules and regulations applicable thereto.

     The Obligor agrees to cause such issuer to comply with the provisions of
the securities legislation in effect in any or all of the provinces of Canada,
the U.S. Securities Act of 1933, as amended, and the securities or "Blue Sky"
laws of any jurisdictions outside Canada, in each case, which the Collateral
Agent shall designate.
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                                   ARTICLE 3
                                  ENFORCEMENT

Section 3.1  Enforcement.

     The Security Interest shall be and become enforceable against the Obligor
if and when (i) the Obligor shall fail to pay or perform all or any portion of
the Secured Obligations when due and payable or to be performed, as the case may
be, and (ii) written notice has been given by the Collateral Agent to the
Obligor which expressly refers to this securities pledge agreement and this
Section 3.1 which expressly provides that the Collateral Agent intends to
enforce its rights under this securities pledge agreement.

Section 3.2  Remedies.

     Whenever the Security Interest has become enforceable, the Collateral Agent
may, at any time in its sole discretion, (i) realize upon or otherwise dispose
of or contract to dispose of the Collateral by sale, transfer or delivery,  or
(ii) exercise and enforce all rights and remedies of a holder of the Collateral
as if the Collateral Agent were their absolute owner (including, if necessary,
causing the Collateral to be registered in the name of the Collateral Agent or
its nominee if not already done pursuant to Section 2.3(2)), all without demand
of performance or other demand, advertisement or notice of any kind to or upon
the Obligor (except as may be required by law or pursuant to Section 3.1).  Any
remedy may be exercised separately or in combination and shall be in addition
to, and not in substitution for, any other rights the Collateral Agent and the
Secured Creditors may have, however created.  The Collateral Agent shall not be
bound to exercise any right or remedy, and the exercise of rights and remedies
shall be without prejudice to the rights of the Collateral Agent and the Secured
Creditors in respect of the Secured Obligations including the right to claim for
any deficiency.

Section 3.3  Standards of Sale.

     Without prejudice to the ability of the Collateral Agent to dispose of the
Collateral in any manner which is commercially reasonable, the Obligor
acknowledges that:

     (a)  the Collateral may be disposed of in whole or in part;

     (b)  the Collateral may be disposed of by public auction, public tender or
          private contract, with or without advertising and without any other
          formality;

     (c)  any assignee of such Collateral may be the Collateral Agent, a Secured
          Creditor or a customer of any such person;
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     (d)  any sale conducted by the Collateral Agent shall be at such time and
          place, on such notice and in accordance with such procedures as the
          Collateral Agent, in its sole discretion, may deem advantageous;

     (e)  the Collateral may be disposed of in any manner and on any terms
          necessary to avoid violation of applicable law (including compliance
          with such procedures as may restrict the number of prospective bidders
          and purchasers, require that the prospective bidders and purchasers
          have certain qualifications, and restrict the prospective bidders and
          purchasers to persons who will represent and agree that they are
          purchasing for their own account for investment and not with a view to
          the distribution or resale of the Collateral) or in order to obtain
          any required approval of the disposition (or of the resulting
          purchase) by any governmental or regulatory authority or official;

     (f)  a disposition of the Collateral may be on such terms and conditions as
          to credit or otherwise as the Collateral Agent, in its sole
          discretion, may deem advantageous; and

     (g)  the Collateral Agent may establish an upset or reserve bid or price in
          respect of the Collateral.

Section 3.4  Dealing with the Collateral.

(1)  The Collateral Agent and the Secured Creditors shall not be obliged to
     exhaust their recourse against the Obligor or any other Person or against
     any other security they may hold in respect of the Secured Obligations
     before realizing upon or otherwise dealing with the Collateral in such
     manner as the Collateral Agent may consider desirable.

(2)  The Collateral Agent and the Secured Creditors may grant extensions or
     other indulgences, take and give up securities, accept compositions, grant
     releases and discharges and otherwise deal with the Obligor, and with other
     Persons, sureties or securities as they may see fit without prejudice to
     the Secured Obligations, the liability of the Obligor or the rights of the
     Collateral Agent and the Secured Creditors in respect of the Collateral.

(3)  Except as otherwise provided by law or this securities pledge agreement,
     the Collateral Agent and the Secured Creditors shall not be (i) liable or
     accountable for any failure to collect, realize or obtain payment in
     respect of the Collateral, (ii) bound to institute proceedings for the
     purpose of collecting, enforcing, realizing or obtaining payment of the
     Collateral or for the purpose of preserving any rights of any Persons,
     (iii) responsible for any loss occasioned by any sale or other dealing with
     the Collateral or by the retention
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     of or failure to sell or otherwise deal with the Collateral, or (iv) bound
     to protect the Collateral from depreciating in value or becoming worthless.

Section 3.5  Appointment of Attorney.

     The Obligor hereby irrevocably appoints the Collateral Agent (and any
officer thereof) as attorney of the Obligor (with full power of substitution) to
exercise in the name of and on behalf of the Obligor, after the Security
Interest shall have become enforceable and written notice has been given by the
Collateral Agent to the Obligor that it intends to exercise its rights under
this Section 3.5, any of the Obligor's right (including the right of disposal),
title and interest in and to the Collateral including the execution,
endorsement, delivery and transfer of the Collateral to the Collateral Agent,
its nominees or transferees, and the Collateral Agent and its nominees or
transferees are hereby empowered to exercise all rights and powers and to
perform all acts of ownership with respect to the Collateral to the same extent
as the Obligor might do. The power of attorney herein granted is in addition to,
and not in substitution for, any stock power of attorney delivered by the
Obligor and such power of attorney may be relied upon by the Collateral Agent
severally or in combination. All acts of any such attorney are ratified and
approved, and the attorney shall not be liable for any act, failure to act or
any other matter or thing in connection therewith, except for its own gross
negligence or wilful misconduct. This appointment and power of substitution,
being coupled with an interest, are irrevocable and shall not terminate upon the
bankruptcy, dissolution, winding up or insolvency of the Obligor.

Section 3.6  Dealings by Third Parties.

(1)  No Person dealing with the Collateral Agent, any of the Secured Creditors
     or an agent or receiver shall be required to determine (i) whether the
     Security Interest has become enforceable, (ii) whether the powers which
     such Person is purporting to exercise have become exercisable, (iii)
     whether any money remains due to the Collateral Agent or the Secured
     Creditors by the Obligor, (iv) the necessity or expediency of the
     stipulations and conditions subject to which any sale or lease shall be
     made, (v) the propriety or regularity of any sale or other dealing by the
     Collateral Agent or any Secured Creditor with the Collateral, or (vi) how
     any money paid to the Collateral Agent or the Secured Creditors has been
     applied.

(2)  Any bona fide purchaser of Collateral from the Collateral Agent or the
     Secured Creditors shall hold the Collateral absolutely, free from any claim
     or right of whatever kind, including any equity of redemption, of the
     Obligor, which it specifically waives (to the fullest extent permitted by
     law) as against any such purchaser together with all rights of redemption,
     stay or appraisal which the Obligor has or may have under any rule of law
     or statute now existing or hereafter adopted.
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Section 3.7  No Provision Shall Make Collateral Agent a Member

     No provision of this securities pledge agreement shall render the
Collateral Agent a member of the Obligor for the purposes of the Companies Act
(Nova Scotia) and should any right or remedy provided for in this securities
pledge agreement be determined to, render the Collateral Agent a member of the
Obligor, such provision shall be severed from this securities pledge agreement
and shall be void.

                                   ARTICLE 4
                                    GENERAL

Section 4.1  Notices.

     Any notices, directions and other communications provided for in this
securities pledge agreement shall be in writing and given in accordance with the
provisions of the Amended and Restated Credit Agreement.

Section 4.2  Releases.

     The Security Interest shall be released upon the satisfaction of the
conditions referred to in Section 8.15 of the guarantee and collateral agreement
made as of June  , 2000 by Weigh-Tronix, LLC and certain of its subsidiaries in
favour of Fleet National Bank, as administrative agent.

Section 4.3  No Merger.

     This securities pledge agreement shall not operate by way of merger of any
of the Secured Obligations and no judgment recovered by the Collateral Agent or
any of the Secured Creditors shall operate by way of merger of, or in any way
affect, the Security Interest, which is in addition to, and not in substitution
for, any other security held by the Collateral Agent and the Secured Creditors
in respect of the Secured Obligations.

Section 4.4  Further Assurances.

     The Obligor shall from time to time, whether before or after the Security
Interest shall have become enforceable, do all such acts and things and execute
and deliver all such transfers, assignments and instruments as the Collateral
Agent may reasonably require for (i) protecting the Collateral, (ii) perfecting
the Security Interest, and (iii) exercising all powers, authorities and
discretions hereby conferred upon the Collateral Agent.  The Obligor shall, from
time to time after the Security Interest has become enforceable, do all such
acts and things and execute and deliver all such transfers, assignments and
instruments as the Collateral Agent may require for facilitating the sale or
other disposition of the Collateral in connection with its realization.
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Section 4.5  Supplemental Security.

     This securities pledge agreement is in addition and without prejudice to
and supplemental to all other security now held or which may hereafter be held
by the Collateral Agent or the Secured Creditors.

Section 4.6  Successors and Assigns.

     This securities pledge agreement shall be binding upon the Obligor, its
successors and assigns, and shall enure to the benefit of the Collateral Agent
and its successors and assigns.  The Obligor may not assign, transfer or
delegate any of its rights or obligations under this securities pledge agreement
without the prior written consent of the Collateral Agent.

Section 4.7  Severability.

     If any provision of this securities pledge agreement shall be deemed by any
court of competent jurisdiction to be invalid or void, the remaining provisions
shall remain in full force and effect.

Section 4.8  Waivers, etc.

     No amendment of this securities pledge agreement and no consent or waiver
by the Collateral Agent or the Secured Creditors in respect hereof shall be
effective unless made in writing and signed by an authorized officer of the
Collateral Agent and then such amendment, consent or waiver shall be effective
only in the specific instance and for the specific purpose for which given. Any
such amendment shall be effective only if also signed by the Obligor. No failure
or delay on the part of the Collateral Agent or the Secured Creditors in
exercising a right under this securities pledge agreement shall operate as a
waiver of, or impair, any right of the Collateral Agent or the Secured Creditors
however created. No single or partial exercise of a right shall preclude any
further exercise of such right or the exercise of any other right.

Section 4.9  Application of Proceeds.

     All monies collected by the Collateral Agent upon any sale or other
disposition of the Collateral together with all monies received by the
Collateral Agent hereunder, shall be applied in accordance with the provisions
of Section 6.5 of the guarantee and collateral agreement made as of June 13,
2000 by Weigh-Tronix, LLC and certain of its affiliates in favour of Fleet
National Bank, as administrative agent.

Section 4.10  Collateral Agent

     By accepting the benefits of this securities pledge agreement, the Secured
Creditors agree that the rights and obligations of the Collateral Agent shall be
as set forth in Section 9 of the Amended and Restated Credit Agreement.
<PAGE>

                                      -14-

Section 4.11  Governing Law.

     This securities pledge agreement shall be governed by and interpreted and
enforced in accordance with the laws of the Province of Nova Scotia and the
federal laws of Canada applicable therein.

     IN WITNESS WHEREOF the Obligor has caused this securities pledge agreement
to be executed by its duly authorized officer as of the date first above
written.

                                                SWT HOLDINGS B.V.

                                                Per: /s/ SWT Holdings BV
                                                    --------------------------
                                                    Authorized Signing Officer
<PAGE>

                                   SCHEDULE A
                                   SECURITIES

                                            Number of
Issuer            Class of Securities       Securities        Certificate Number
------            -------------------       ----------        ------------------
Weigh-Tronix      Common Shares                  100                  No. 2
Canada, ULC<PAGE>

                                                                   Exhibit 10.14

                                  BERKEL INC.

                                  as Obligor

                                      and

                              FLEET NATIONAL BANK

                              as Collateral Agent

  ---------------------------------------------------------------------

                          SECURITIES PLEDGE AGREEMENT

                                 June 13, 2000

  ---------------------------------------------------------------------

                               STIKEMAN ELLIOTT
<PAGE>

                          SECURITIES PLEDGE AGREEMENT

     Securities pledge agreement dated as of the 13th day of June, 2000, made by
BERKEL INC. (the "Obligor"), a corporation incorporated and existing under the
laws of Indiana, U.S.A, to and in favour of FLEET NATIONAL BANK for the benefit
of and as agent of the Secured Creditors.

     WHEREAS:

     A.   the Canadian Borrower and SWT, as borrowers, Weigh-Tronix, LLC, the
Lenders, as lenders, Lehman Brothers Inc., as sole advisor, Lehman Brothers Inc.
and FleetBoston Robertson Stephens Inc., as co-arrangers and co-book managers,
Lehman Commercial Paper Inc., as syndication agent, Fleet National Bank, as
security agent, and the Agent entered into the Amended and Restated Credit
Agreement providing for the making of credit facilities available to the
Canadian Borrower and SWT;

     B.   the Obligor has guaranteed the payment and performance of all present
and future debts, liabilities and obligations, direct or indirect, absolute or
contingent, of the Canadian Borrower and SWT to the Collateral Agent and the
Secured Creditors arising under, in connection with or pursuant to the Amended
and Restated Credit Agreement and the other Credit Documents;

     C.   it is a condition precedent to the continued extensions of credit to
the Canadian Borrower and SWT under the Amended and Restated Credit Agreement
that the Obligor execute and deliver this securities pledge agreement to and in
favour of the Collateral Agent as security for the payment and performance of
the Secured Obligations by the Obligor; and

     D.   the Obligor has determined that it is in the best interests of the
Obligor to enter into this securities pledge agreement.

     NOW THEREFORE, in consideration of the foregoing premises, the sum of
$10.00 in lawful money of Canada now paid by the Collateral Agent to the Obligor
and other good and valuable consideration (the receipt and adequacy of which are
hereby acknowledged), the Obligor agrees as follows:

                                   ARTICLE 1
                                INTERPRETATION

Section 1.1    Defined Terms.

     As used in this securities pledge agreement and the recitals hereto, the
following terms have the following meanings:
<PAGE>

                                      -2-

     "Agent" means Fleet National Bank acting as administrative agent for the
Lenders under the Amended and Restated Credit Agreement and any successor
appointed pursuant to the Amended and Restated Credit Agreement.

     "Amended and Restated Credit Agreement" means the amended and restated
credit agreement dated as of the 13/th/ day of June, 2000 among the Canadian
Borrower and SWT, as borrowers, Weigh-Tronix, LLC, the Lenders, as lenders,
Lehman Brothers Inc., as sole advisor, Lehman Brothers Inc. and FleetBoston
Robertson Stephens Inc., as co-arrangers and co-book managers, Lehman Commercial
Paper Inc., as syndication agent, Fleet National Bank, as security agent, and
the Agent, as the same may be further amended, modified, extended, renewed,
replaced, restated, supplemented or refinanced from time to time and including
any agreement extending the maturity of, refinancing or restructuring (including
the inclusion of additional borrowers hereunder or any increase in the amount
borrowed) all or any portion of, the indebtedness under such agreement or any
successor agreements, whether or not with the same agent or lenders.

     "Canadian Borrower" means Weigh-Tronix Canada, ULC, an unlimited company
incorporated and existing under the laws of the Province of Nova Scotia, and its
successors and permitted assigns.

     "Collateral" has the meaning ascribed thereto in Section 2.1(1).

     "Collateral Agent" means the Agent acting as collateral agent for the
Secured Creditors.

     "Credit Documents" means, collectively, the Amended and Restated Credit
Agreement, the Loan Documents, the Letters of Credit, any Specified Hedge
Agreement and any one document made, delivered or given in connection therewith.

     "Event of Default" shall mean any Event of Default under, and as defined
in, the Amended and Restated Credit Agreement, or any payment default, after any
applicable grace period, under any other Credit Document.

     "Guarantee" means the guarantee dated as of June 13, 2000, entered into by
the Obligor, to and in favour of the Collateral Agent and the Secured Creditors,
as such guarantee may be amended, modified, extended, renewed, replaced,
restated or supplemented from time to time.

     "Instruments" means, (i) a bill, note or cheque within the meaning of the
Bills of Exchange Act (Canada) or any other writing that evidences a right to
the payment of money and is of a type that in the ordinary course of business is
transferred by delivery with any necessary endorsement or assignment, or (ii) a
letter of credit and an advice of credit if the letter or advice states that it
must be surrendered upon
<PAGE>

                                      -3-

claiming payment thereunder, or (iii) chattel paper or any other writing that
evidences both a monetary obligation and a security interest in or a lease of
specific goods, or (iv) documents of title or any other writing that purports to
be issued by or addressed to a bailee and purports to cover such goods in the
bailee's possession as are identified or fungible portions of an identified
mass, and that in the ordinary course of business is treated as establishing
that the person in possession of it is entitled to receive, hold and dispose of
the document and the goods it covers, or (v) any document or writing commonly
known as an instrument.

     "Issuer" has the meaning ascribed thereto in Section 2.1(2).

     "Lenders" means, collectively, Lehman Brothers Inc., as sole advisor,
Lehman Brothers Inc., and FleetBoston Robertson Stephens Inc., as co-arrangers
and co-book managers, Lehman Commercial Paper Inc., as syndication agent, the
Agent and the several banks and other financial institutions and entities from
time to time parties to the Amended and Restated Credit Agreement, and their
respective successors and permitted assigns.

     "Letters of Credit" has the meaning ascribed thereto in the Amended and
Restated Credit Agreement.

     "Loan Documents" has the meaning ascribed thereto in the Amended and
Restated Credit Agreement.

     "Obligor" means Berkel Inc., a corporation incorporated and existing under
the laws of Indiana, U.S.A., and its successors and permitted assigns.

     "Person" has the meaning ascribed thereto in the Amended and Restated
Credit Agreement.

     "Secured Creditors" means, collectively, the Agent, the Collateral Agent
and the Lenders and each of the Agent, a Lender or any affiliate of such Lender,
as a counterparty under any Specified Hedge Agreement.

     "Securities" means a document that is, (i) issued in bearer, order or
registered form, (ii) of a type commonly dealt in upon securities exchanges or
markets or commonly recognized in any area in which it is issued or dealt in as
a medium for investment, (iii) one of a class or series or by its terms is
divisible into a class or series of documents, and (iv) evidence of a share,
participation or other interest in property or in an enterprise or is evidence
of an obligation of the issuer, and includes an uncertificated security.

     "Security Interest" has the meaning ascribed thereto in Section 2.2(1).
<PAGE>

                                      -4-

     "Specified Hedge Agreement" has the meaning ascribed thereto in the Amended
and Restated Credit Agreement.

     "SWT" means SWT Finance B.V., a limited liability company organized under
the laws of The Netherlands, and its successors and permitted assigns.

Section 1.2    Terms Incorporated by Reference.

     Terms defined in the Personal Property Security Act (Ontario) (as amended
from time to time, the "PPSA") and used but not otherwise defined in this
securities pledge agreement shall have the same meanings.

Section 1.3    Certain Phrases, etc.

     In this securities pledge agreement the words "including" and "includes"
mean "including (or includes) without limitation".

Section 1.4    Gender and Number.

     Any reference in this securities pledge agreement to the gender shall
include all genders and words importing the singular number only shall include
the plural and vice versa.

Section 1.5    Headings, etc.

     The division of this securities pledge agreement into Articles and Sections
and the insertion of headings are for convenient reference only and are not to
affect its interpretation.

                                   ARTICLE 2
                                   SECURITY

Section 2.1    Grant of Security.

(1)  The Obligor hereby assigns, mortgages, charges, hypothecates and pledges to
     and deposits with (to the extent the Obligor has possession thereof) the
     Collateral Agent, for the benefit of and as agent of the Secured Creditors,
     and grants to the Collateral Agent, for the benefit of and as agent of the
     Secured Creditors, a security interest in the securities described in
     Schedule "A" hereto and all Securities and Instruments now owned or held by
     the Obligor and from time to time hereafter acquired by the Obligor in the
     capital of the Canadian Borrower or a Person incorporated, established or
     organized under the laws of Canada or any province thereof (collectively,
     and together with the Securities, Instruments, proceeds and other
     distributions and personal property referred to in Section 2.1(2), the
     "Collateral" and all references thereto herein including any part thereof).
     The Obligor hereby deposits with the Collateral Agent any and all
     certificates evidencing the securities
<PAGE>

                                      -5-

     described in Schedule "A" each registered in the name of the Collateral
     Agent.

(2)  The Collateral shall include any substitutions therefor, additions thereto
     or proceeds thereof and all interests, rights and claims of the Obligor in
     respect thereof, arising out of any consolidation, subdivision,
     reclassification, stock dividend or similar increase or decrease in or
     alteration of the capital of the issuer of the Collateral (the "Issuer") or
     any other event and all interest, dividends, cash, options, warrants,
     rights, instruments and other property and monies now or hereafter
     received, distributed or declared in respect of or in exchange for such
     Collateral and all other rights, interests and claims of the Obligor in
     respect of such Collateral or evidenced thereby.

Section 2.2    Obligations Secured.

(1)  The assignments, mortgages, charges, hypothecations, pledges and security
     interests granted hereby (the "Security Interest") secure the payment and
     performance of all debts, liabilities and obligations, present or future,
     direct or indirect, absolute or contingent, matured or unmatured, at any
     time or from time to time due or accruing due and owing by or otherwise
     payable by the Obligor to the Collateral Agent and the Secured Creditors,
     in any currency, and whether incurred by the Obligor alone or with another
     or others, arising out of, in connection with or pursuant to the Amended
     and Restated Credit Agreement, the Guarantee and the other Credit Documents
     (collectively, and together with the expenses, costs and charges set out in
     Section 2.2(2), the "Secured Obligations").

(2)  All reasonable expenses, costs and charges incurred by or on behalf of the
     Collateral Agent and the Secured Creditors in connection with this
     securities pledge agreement, the Security Interest or the Collateral
     including all reasonable legal fees, court costs, receiver's or agent's
     remuneration and other expenses of taking possession of, repairing,
     protecting, insuring, preparing for disposition, realizing, collecting,
     selling, transferring, delivering or obtaining payment for the Collateral,
     and of taking, defending or participating in any action or proceeding in
     connection with any of the foregoing matters or otherwise in connection
     with the Collateral Agent's and the Secured Creditors' interest in any
     Collateral, whether or not directly relating to the enforcement of this
     securities pledge agreement or any other Credit Document, shall be added to
     and form a part of the Secured Obligations.

Section 2.3    Attachment.

(1)  The Obligor acknowledges that (i) value has been given, (ii) it has rights
     in the Collateral, (iii) it has not agreed to postpone the time of
     attachment of the
<PAGE>

                                      -6-

     Security Interest, and (iv) it has received a duplicate original copy of
     this securities pledge agreement.

(2)  Collateral shall be registered in the name of the Collateral Agent or such
     nominee as may be designated by the Collateral Agent from time to time or
     at any time. The Collateral Agent shall hold the Collateral as Collateral
     Agent for the Secured Creditors for all purposes whatsoever in accordance
     with the terms of this securities pledge agreement.

(3)  If any Security or Instrument is now or at any time hereafter becomes
     evidenced, in whole or in part, by uncertificated securities registered or
     recorded in records maintained by or on behalf of the Issuer thereof in the
     name of a clearing agency or a custodian or of a nominee of either, the
     Obligor shall, at the request of the Collateral Agent, cause the Security
     Interest to be entered in the records of the clearing agency or custodian.

(4)  If, after the date hereof, the Obligor acquires any certificates,
     documents, instruments or other writings evidencing any Collateral not
     already delivered to the Collateral Agent, the Obligor will, forthwith upon
     receipt by the Obligor, deliver to the Collateral Agent such certificates,
     documents, instruments or other writings as security for the Secured
     Obligations and shall, at the request of the Collateral Agent, (i) cause
     the transfer thereof to the Collateral Agent to be registered wherever, in
     the reasonable opinion of the Collateral Agent, such registration may be
     required or advisable; (ii) cause the registration thereof to be in the
     name of the Collateral Agent or duly endorse the same for transfer in
     blank, as the Collateral Agent may reasonably direct; and (iii) forthwith
     deliver to the Collateral Agent any and all consents or other instruments
     or documents that may be necessary to effect the transfer of the Collateral
     to the Collateral Agent or any third party.

Section 2.4    Care and Custody of Collateral.

     The Collateral Agent need not see to the collection of dividends on, or
exercise any option or right in connection with, the Collateral and need not
protect or preserve them from depreciating in value or becoming worthless and is
released from all responsibility for any loss of value. The Collateral Agent
shall be bound to exercise in the physical keeping of the Collateral only the
same degree of care as it would exercise with respect to its own securities kept
at the same place.

Section 2.5    Dispositions.

     The Obligor shall not, without the prior written consent of the Collateral
Agent, further charge, assign, pledge or otherwise encumber the Collateral or
sell, exchange, release or abandon or otherwise dispose of, absolutely or by way
of security, any of its right, title or interest in and to the Collateral.
<PAGE>

                                      -7-

Section 2.6    Representations and Warranties.

     The Obligor hereby represents and warrants to the Collateral Agent and the
Secured Creditors as follows and acknowledges that the Collateral Agent and the
Secured Creditors are relying on such representations and warranties in
accepting the Security Interest as security for the Secured Obligations:

     (a)  the Obligor is the legal and beneficial owner of the Collateral;

     (b)  the shares pledged by the Obligor hereunder constitute all the issued
          and outstanding shares of all classes and instruments of the shares
          and instruments of each issuer owned by the Obligor and have been duly
          and validly issued and are fully paid and non-assessible;

     (c)  no person, firm or corporation has or will have any written or oral
          option, warrant, right, call, commitment, conversion right, right of
          exchange or other agreement or any right or privilege (whether by law,
          pre-emptive or contractual) capable of becoming an option, warrant,
          right, call, commitment, conversion right, right of exchange or other
          agreement to acquire any right or interest in any of the Collateral;

     (d)  without the prior written consent of the Collateral Agent, the Obligor
          will not (A) vote to enable, or take any other action to permit, any
          issuer to issue any shares or other equity securities of any nature or
          to issue any other securities convertible into or granting the right
          to purchase or exchange for any shares or other equity securities of
          any nature of any issuer, (B) sell, assign, transfer, exchange, or
          otherwise dispose of, or grant any option with respect to, the
          Securities and Instruments or proceeds thereof (except pursuant to a
          transaction expressly permitted by the Amended and Restated Credit
          Agreement), (C) create, incur or permit to exist any lien or option in
          favour of, or any claim of any person with respect to, any of the
          Securities and Instruments or proceeds thereof, or any interest
          therein, except for the security interests created by this securities
          pledge agreement or (D) enter into any agreement or undertaking
          restricting the right or ability of the Obligor or the Collateral
          Agent to sell, assign or transfer any of the Securities pledged
          hereunder or proceeds thereof; and

     (e)  the Obligor hereby authorizes and instructs each issuer of any
          Securities pledged by the Obligor hereunder to (A) comply with any
          instruction received by it from the Collateral Agent in writing that
          (x) states that an Event of Default has occurred and is continuing and
          (y) is otherwise in accordance with the terms of this securities
          pledge agreement, without any other or further instructions from the
          Obligor, and the Obligor agrees that each issuer shall be fully
          protected in so
<PAGE>

                                      -8-

          complying, and (B) unless otherwise expressly permitted hereby, pay
          any dividends or other payments with respect to the Securities pledged
          hereunder by the Obligor directly to the Collateral Agent.

Section 2.7    Rights of the Obligor.

(1)  Until the Security Interest has become enforceable, the Obligor shall be
     entitled to vote the Collateral and to receive all cash dividends.  In
     order to allow the Obligor to vote the Collateral, the Collateral Agent
     shall from time to time, at the request and the expense of the Obligor, (i)
     execute valid proxies appointing proxyholders to attend and act at meetings
     of shareholders, and (ii) execute resolutions in writing, all pursuant to
     the relevant provisions of the Issuer's governing legislation.  Whenever
     the Security Interest has become enforceable, all rights of the Obligor to
     vote (under any proxy given by the Collateral Agent (or its nominee) in
     connection herewith or otherwise) or to receive dividends shall cease and
     all such rights shall become vested solely and absolutely in the Collateral
     Agent.

(2)  Any dividends received by the Obligor contrary to Section 2.7(1) or any
     other moneys or property which may be received by the Obligor after the
     Security Interest has become enforceable for, or in respect of, the
     Collateral shall be received as trustee for the Collateral Agent and the
     Secured Creditors and shall be immediately paid over to the Collateral
     Agent.

Section 2.8    Registration Rights

     If the Collateral Agent shall determine to exercise its right to sell any
or all of the Securities pledged hereunder, and if in the opinion of the
Collateral Agent it is necessary or advisable to have any such Securities to be:

     (a)  qualified for distribution by prospectus pursuant to the applicable
          securities legislation in any or all provinces of Canada, the Obligor
          will cause the issuer thereof to (i) use its best efforts to file, and
          obtain a receipt from the applicable securities regulatory
          authorities, for a preliminary and final prospectus offering for sale
          such number of Securities as the Collateral Agent shall direct; and
          (ii) execute and deliver, and cause the directors and officers of such
          issuer to execute and deliver, all such certificates, instruments and
          documents, and do or cause to be done all such other acts as may be,
          in the opinion of the Collateral Agent, necessary or advisable to
          qualify such Securities for distribution by prospectus pursuant to the
          applicable securities legislation in any or all provinces of Canada;
          or

     (b)  sold or registered under the provisions of the U.S. Securities Act of
          1933, as amended, the Obligor will cause the issuer thereof to (i)
<PAGE>

                                      -9-

          execute and deliver, and cause the directors and officers of such
          issuer to execute and deliver, all such instruments and documents, and
          do or cause to be done all such other acts as may be, in the opinion
          of the Collateral Agent, necessary or advisable to register the
          Securities pledged hereunder, or that portion thereof to be sold,
          under the provisions of the U.S. Securities Act of 1933, as amended,
          (ii) use its best efforts to cause the registration statement relating
          thereto to become effective and to remain effective for a period of
          one year from the date of the first public offering of the Securities
          pledged hereunder, or that portion thereof to be sold, and (iii) make
          all amendments thereto and/or to the related prospectus which, in the
          opinion of the Collateral Agent, are necessary or advisable, all in
          conformity with the requirements of the U.S. Securities Act of 1933,
          as amended, and the rules and regulations applicable thereto.

     The Obligor agrees to cause such issuer to comply with the provisions of
the securities legislation in effect in any or all of the provinces of Canada,
the U.S. Securities Act of 1933, as amended, and the securities or "Blue Sky"
laws of any jurisdictions outside Canada, in each case, which the Collateral
Agent shall designate.

                                   ARTICLE 3
                                  ENFORCEMENT

Section 3.1    Enforcement.

     The Security Interest shall be and become enforceable against the Obligor
if and when the Obligor shall fail to pay or perform all or any portion of the
Secured Obligations when due and payable or to be performed, as the case may be.

Section 3.2    Remedies.

     Whenever the Security Interest has become enforceable, the Collateral Agent
may, at any time in its sole discretion, (i) realize upon or otherwise dispose
of or contract to dispose of the Collateral by sale, transfer or delivery, or
(ii) exercise and enforce all rights and remedies of a holder of the Collateral
as if the Collateral Agent were their absolute owner (including, if necessary,
causing the Collateral to be registered in the name of the Collateral Agent or
its nominee if not already done pursuant to Section 2.3(2)), all without demand
of performance or other demand, advertisement or notice of any kind to or upon
the Obligor (except as may be required by law). Any remedy may be exercised
separately or in combination and shall be in addition to, and not in
substitution for, any other rights the Collateral Agent and the Secured
Creditors may have, however created. The Collateral Agent shall not be bound to
exercise any right or remedy, and the exercise of rights and
<PAGE>

                                      -10-

remedies shall be without prejudice to the rights of the Collateral Agent and
the Secured Creditors in respect of the Secured Obligations including the right
to claim for any deficiency. By accepting the benefits of this securities pledge
agreement, the Secured Creditors agree that this securities pledge agreement may
be enforced only by the action of the Collateral Agent acting upon the
instructions of the Lenders (or, if no Secured Obligations under the Amended and
Restated Credit Agreement remain outstanding, the holders of at least a majority
of the other outstanding Secured Obligations) and that no other Secured Creditor
shall have any right individually to seek to enforce this securities pledge
agreement or to realize upon the security to be granted hereby, it being
understood and agreed that such rights and remedies may be exercised by the
Collateral Agent for the benefit of the Secured Creditors upon the terms of this
securities pledge agreement and the Amended and Restated Credit Agreement.

Section 3.3    Standards of Sale.

     Without prejudice to the ability of the Collateral Agent to dispose of the
Collateral in any manner which is commercially reasonable, the Obligor
acknowledges that:

     (a)  the Collateral may be disposed of in whole or in part;

     (b)  the Collateral may be disposed of by public auction, public tender or
          private contract, with or without advertising and without any other
          formality;

     (c)  any assignee of such Collateral may be the Collateral Agent, a Secured
          Creditor or a customer of any such person;

     (d)  any sale conducted by the Collateral Agent shall be at such time and
          place, on such notice and in accordance with such procedures as the
          Collateral Agent, in its sole discretion, may deem advantageous;

     (e)  the Collateral may be disposed of in any manner and on any terms
          necessary to avoid violation of applicable law (including compliance
          with such procedures as may restrict the number of prospective bidders
          and purchasers, require that the prospective bidders and purchasers
          have certain qualifications, and restrict the prospective bidders and
          purchasers to persons who will represent and agree that they are
          purchasing for their own account for investment and not with a view to
          the distribution or resale of the Collateral) or in order to obtain
          any required approval of the disposition (or of the resulting
          purchase) by any governmental or regulatory authority or official;
<PAGE>

                                      -11-

     (f)  a disposition of the Collateral may be on such terms and conditions as
          to credit or otherwise as the Collateral Agent, in its sole
          discretion, may deem advantageous; and

     (g)  the Collateral Agent may establish an upset or reserve bid or price in
          respect of the Collateral.

Section 3.4    Dealing with the Collateral.

(1)  The Collateral Agent and the Secured Creditors shall not be obliged to
     exhaust their recourse against the Obligor or any other Person or against
     any other security they may hold in respect of the Secured Obligations
     before realizing upon or otherwise dealing with the Collateral in such
     manner as the Collateral Agent may consider desirable.

(2)  The Collateral Agent and the Secured Creditors may grant extensions or
     other indulgences, take and give up securities, accept compositions, grant
     releases and discharges and otherwise deal with the Obligor, and with other
     Persons, sureties or securities as they may see fit without prejudice to
     the Secured Obligations, the liability of the Obligor or the rights of the
     Collateral Agent and the Secured Creditors in respect of the Collateral.

(3)  Except as otherwise provided by law or this securities pledge agreement,
     the Collateral Agent and the Secured Creditors shall not be (i) liable or
     accountable for any failure to collect, realize or obtain payment in
     respect of the Collateral, (ii) bound to institute proceedings for the
     purpose of collecting, enforcing, realizing or obtaining payment of the
     Collateral or for the purpose of preserving any rights of any Persons,
     (iii) responsible for any loss occasioned by any sale or other dealing with
     the Collateral or by the retention of or failure to sell or otherwise deal
     with the Collateral, or (iv) bound to protect the Collateral from
     depreciating in value or becoming worthless.

Section 3.5    Appointment of Attorney.

     The Obligor hereby irrevocably appoints the Collateral Agent (and any
officer thereof) as attorney of the Obligor (with full power of substitution) to
exercise in the name of and on behalf of the Obligor, after the Security
Interest shall have become enforceable, any of the Obligor's right (including
the right of disposal), title and interest in and to the Collateral including
the execution, endorsement, delivery and transfer of the Collateral to the
Collateral Agent, its nominees or transferees, and the Collateral Agent and its
nominees or transferees are hereby empowered to exercise all rights and powers
and to perform all acts of ownership with respect to the Collateral to the same
extent as the Obligor might do. The power of attorney herein granted is in
addition to, and not in substitution for, any stock power of attorney delivered
by the Obligor and such power of attorney may be relied upon by the
<PAGE>

                                      -12-

Collateral Agent severally or in combination. All acts of any such attorney are
ratified and approved, and the attorney shall not be liable for any act, failure
to act or any other matter or thing in connection therewith, except for its own
gross negligence or wilful misconduct. This appointment and power of
substitution, being coupled with an interest, are irrevocable and shall not
terminate upon the bankruptcy, dissolution, winding up or insolvency of the
Obligor.

Section 3.6    Dealings by Third Parties.

(1)  No Person dealing with the Collateral Agent, any of the Secured Creditors
     or an agent or receiver shall be required to determine (i) whether the
     Security Interest has become enforceable, (ii) whether the powers which
     such Person is purporting to exercise have become exercisable, (iii)
     whether any money remains due to the Collateral Agent or the Secured
     Creditors by the Obligor, (iv) the necessity or expediency of the
     stipulations and conditions subject to which any sale or lease shall be
     made, (v) the propriety or regularity of any sale or other dealing by the
     Collateral Agent or any Secured Creditor with the Collateral, or (vi) how
     any money paid to the Collateral Agent or the Secured Creditors has been
     applied.

(2)  Any bona fide purchaser of Collateral from the Collateral Agent or the
     Secured Creditors shall hold the Collateral absolutely, free from any claim
     or right of whatever kind, including any equity of redemption, of the
     Obligor, which it specifically waives (to the fullest extent permitted by
     law) as against any such purchaser together with all rights of redemption,
     stay or appraisal which the Obligor has or may have under any rule of law
     or statute now existing or hereafter adopted.

                                   ARTICLE 4
                                    GENERAL

Section 4.1    Notices.

     Any notices, directions or other communications provided for in this
securities pledge agreement shall be in writing and given in accordance with the
provisions of Section 8.2 of the guarantee and collateral agreement dated as of
the date hereof made by the Obligor in favour of the Collateral Agent for the
benefit of the Secured Creditors.

Section 4.2    Releases.

     The Security Interest shall be released upon the satisfaction of the
conditions referred to in Section 8.15 of the guarantee and collateral agreement
dated as of the date hereof made by the Obligor in favour of the Collateral
Agent for the benefit of the Secured Creditors.
<PAGE>

                                      -13-

Section 4.3    No Merger.

     This securities pledge agreement shall not operate by way of merger of any
of the Secured Obligations and no judgment recovered by the Collateral Agent or
any of the Secured Creditors shall operate by way of merger of, or in any way
affect, the Security Interest, which is in addition to, and not in substitution
for, any other security held by the Collateral Agent and the Secured Creditors
in respect of the Secured Obligations.

Section 4.4    Further Assurances.

     The Obligor shall from time to time, whether before or after the Security
Interest shall have become enforceable, do all such acts and things and execute
and deliver all such transfers, assignments and instruments as the Collateral
Agent may reasonably require for (i) protecting the Collateral, (ii) perfecting
the Security Interest, and (iii) exercising all powers, authorities and
discretions hereby conferred upon the Collateral Agent. The Obligor shall, from
time to time after the Security Interest has become enforceable, do all such
acts and things and execute and deliver all such transfers, assignments and
instruments as the Collateral Agent may require for facilitating the sale or
other disposition of the Collateral in connection with its realization.

Section 4.5    Supplemental Security.

     This securities pledge agreement is in addition and without prejudice to
and supplemental to all other security now held or which may hereafter be held
by the Collateral Agent or the Secured Creditors.

Section 4.6    Successors and Assigns.

     This securities pledge agreement shall be binding upon the Obligor, its
successors and assigns, and shall enure to the benefit of the Collateral Agent
and its successors and assigns. The Obligor may not assign, transfer or delegate
any of its rights or obligations under this securities pledge agreement without
the prior written consent of the Collateral Agent.

Section 4.7    Severability.

     If any provision of this securities pledge agreement shall be deemed by any
court of competent jurisdiction to be invalid or void, the remaining provisions
shall remain in full force and effect.

Section 4.8    Waivers, etc.

     No amendment of this securities pledge agreement and no consent or waiver
by the Collateral Agent or the Secured Creditors in respect hereof shall be
effective unless made in writing and signed by an authorized officer of the
Collateral Agent and then such amendment, consent or waiver shall be effective
only in the specific
<PAGE>

                                      -14-

instance and for the specific purpose for which given. Any such amendment shall
be effective only if also signed by the Obligor. No failure or delay on the part
of the Collateral Agent or the Secured Creditors in exercising a right under
this securities pledge agreement shall operate as a waiver of, or impair, any
right of the Collateral Agent or the Secured Creditors however created. No
single or partial exercise of a right shall preclude any further exercise of
such right or the exercise of any other right.

Section 4.9    Application of Proceeds.

     All monies collected by the Collateral Agent upon any sale or other
disposition of the Collateral together with all monies received by the
Collateral Agent hereunder, shall be applied in accordance with the provisions
of Section 6.5 of the guarantee and collateral agreement made as of June 13,
2000 by Weigh-Tronix, LLC and certain of its affiliates in favour of Fleet
National Bank, as administrative agent.

Section 4.10   Collateral Agent.

     By accepting the benefit of this securities pledge agreement, the Secured
Creditors agree that the rights and obligations of the Collateral Agent shall be
as set forth in Section 9 of the Amended and Restated Credit Agreement.

Section 4.11   Governing Law.

     This securities pledge agreement shall be governed by and interpreted and
enforced in accordance with the laws of the Province of Ontario and the federal
laws of Canada applicable therein.

     IN WITNESS WHEREOF the Obligor has caused this securities pledge agreement
to be executed by its duly authorized officer as of the date first above
written.

                                                BERKEL INC.

                                                Per: /s/ Berkel Inc.
                                                     ---------------------------
                                                     Authorized Signing Officer
<PAGE>

                                  SCHEDULE A
                                  SECURITIES

                                                        Number of    Certificate
Issuer                           Class of Securities   Securities       Number
------                           -------------------   ----------    -----------
Berkel Products Co., Limited     Common Shares            6,000           57

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