Collateral Policy Agreement

SECTION 5.06. Counter-parts; Efficiency Several agreements. This agreement can be executed in return (and by different parties) on different counterparties, each constituting an original, but constituting a single contract. The delivery of a signature page executed in this contract by fax or other electronic transmission is effective with the delivery of a counter-part of this manually signed contract. This Agreement comes into force for each recipient when a counter,500 has been handed over to the administrative officer and a consideration has been carried out on behalf of the administrative officer and is then binding on that large door and the administrative officer as well as for its respective authorized successors and assignments and used in favour of that Grand Porte. , the administrator and other insured parties and their respective successors and beneficiaries, except that no beneficiary has the right to surrender or transfer his rights or obligations under this agreement or any interest under this agreement (and this assignment or transfer is null and void), unless expressly provided for in this agreement and the credit contract. This Agreement must be construed as a separate agreement with respect to each Grantor and may be amended, amended, supplemented, repealed or released with respect to a Grantor without the agreement of another Grantor and without prejudice to the obligations of another Grantor, without this being affected, modified, supplemented, cancelled or released by another Grantor. (e) It goes without saying that no fellow shall be required by this agreement to enhance the security interests created by means other than (i) bids pursuant to the Single Code of Commerce, (ii) applications filed with the United States Patent and Trademark Office or the United States Copyright Office (or a successor office) with respect to registered intellectual property (provided these applications are limited). licensing issues).

(iii) in the case of the warranty, which constitutes a tangible “chatl paper” securities, instruments, certified securities or tradable documents, whose delivery to the administrative officer is in accordance with the provisions of these provisions (with, if applicable, powers of action or non-expired bonds or other proper surrender instruments) and (iv) other measures to the extent required in Section 3.03(b) (only with respect to the second sentence) 3.04 (c) and point 3.04 (d) below. No fellow is required (i) to enter into any bids or other security enhancement measures established herein in a country outside the United States, or (ii) to provide control agreements regarding deposit accounts or title accounts or to supplement them with “control.” b) Each grantor authorizes the administrative officer, at any time and from time to time, in the interests of the insured parties, to file in a competent court funding statements (including fixing submissions) relating to section 9 of the guarantees or part of them, and amendments that (i) describe the security covered in a manner that the administrator deems reasonably necessary or desirable to provide to ensure the full interest of security in section 9. which are granted under this agreement, including the indication of security as “all assets” of that donor or terms of similar effect, and (ii) contain the information prescribed in Article 9 of this Convention or the similar legislation of any applicable jurisdiction for the submission of a funding statement or amendment , including (A) if this Grantor is an organization, the nature of the organization and each organizational identification number, which, in the case of a funding application, has been filed as a fixture repository, a sufficient description of the property to which this section 9 collateral relates.