Share Pledge Agreement

A lender may want additional assurance that the borrower will repay a debt. This assurance usually takes the form of collateral, property pledged as security for a debt. To ensure that that collateral is collectible in the case of a default, the parties will enter into a security agreement, an agreement that sets out the rights of the lender with regard to the collateral.

This form is designed for situations when the debtor's shares in a corporation will serve as the security.

This form includes special formatting features to assist you in completing the agreement.