Stock Pledge And Security Agreement Template for India

1. Dividend Rights: Specifies treatment of dividends during pledge period - include if shares likely to pay dividends

2. Voting Rights: Allocation of voting rights during pledge period - include if voting rights are being transferred

3. Further Assurance: Additional actions parties must take to perfect security - include for complex share structures

4. Power of Attorney: Grants Pledgee power to act on Pledgor's behalf - include if required for enforcement

5. Tax Provisions: Handles tax implications of pledge and enforcement - include if significant tax considerations exist

6. Digital/Electronic Shares Provisions: Special provisions for dematerialized shares - include if shares are in electronic form

7. Multiple Pledgors: Joint and several liability provisions - include if multiple shareholders pledging shares

1. Schedule 1 - Details of Pledged Shares: Comprehensive list of pledged shares including certificate numbers, distinctive numbers, and number of shares

2. Schedule 2 - Form of Notice to Company: Template for notifying the company about the pledge of shares

3. Schedule 3 - Corporate Authorizations: Copies of board resolutions and other corporate authorizations

4. Schedule 4 - Share Certificates and Transfer Forms: Copies of share certificates and blank transfer forms

5. Schedule 5 - Existing Encumbrances: Details of any existing charges or encumbrances on the shares

6. Appendix A - Pledge Recording Forms: Statutory forms for recording the pledge with relevant authorities

7. Appendix B - Power of Attorney Format: Format of Power of Attorney if required for enforcement