shareholder agreements, buy/sell agreements and voting trusts

(4) Except as specifically otherwise permitted or provided herein, if, at any time, Debtor holds orhas possession of any Collateral consisting of "non-cash collateral" (as defined in Section 9.306 of theUCC), then the same shall remain in Debtor's possession and control at all times at Debtor's risk of loss,and, if in Debtor's possession, is now kept, and at all times shall be kept, at the address first shown forDebtor at the beginning of this Security Agreement; and Debtor will promptly notify Secured Party of anychange in such address and of any new addresses where such Collateral may be kept and of any otherchange in the above-identified location of all or any part of such Collateral, and Debtor will not move orremove such Collateral, or any part thereof, from the addresses and places described and specified abovewithout the prior written consent of Secured Party.(5) Secured Party shall exercise reasonable care in the custody of any of the Collateral in itspossession or control hereunder at any time or times. Secured Party shall be deemed to have exercisedreasonable care if such Collateral is accorded treatment substantially equal to that which Secured Partyaccords its own property or if Secured Party takes such action with respect to the Collateral as Debtorreasonably requests in writing, but neither failure to comply with any such request nor any omission to doany act requested by Debtor shall be deemed to be a failure to exercise reasonable care. Debtor agrees totake necessary steps to preserve rights against any parties with respect to any Collateral in Secured Party'spossession or control, it being understood, however, that Secured Party has no responsibility forascertaining or taking action with respect to calls, conversions, exchanges, maturities, tenders, renewals,collections or other matters relative to any Collateral, whether or not Secured Party has or is deemed tohave knowledge of such matters.(6) Debtor represents and warrants to Secured Party that the value of the consideration receivedand to be received, directly or indirectly, by Debtor as a result of the credit accommodations granted andextended by Secured Party to Debtor is fair consideration to Debtor and reasonably worth at least as muchas the Obligations, and that the credit accommodations granted and extended by Secured Party havebenefited and may reasonably be expected to benefit Debtor, directly or indirectly.(7) Prior to the happening of an event of default hereunder, as between Debtor and SecuredParty, Debtor shall have all rights of a shareholder of the Corporation with respect to the pledged Shares,including, without limitation, voting rights and the right to receive distributions.III.EVENTS OF DEFAULTDebtor shall be in default under this Security Agreement upon the happening of any of thefollowing events or conditions provided that Debtor shall fail to cure same within 20 days after writtennotice by Secured Party to Debtor setting forth the event or condition that occurred, except that in theevent of a default arising out of failure to make payments due Secured Party, Debtor shall have only fivedays for curative action after written notice by Secured Party.1. Default in the performance of any agreement or obligation of Debtor arising under thisSecurity Agreement or the Promissory Note executed in favor of Secured Party by Debtor, including anydefault in the timely payment of principal or interest on the Promissory Note.2. Any warranty, representation or statement made in this Security Agreement or made orfurnished to Secured Party in connection with this Security Agreement proves to have been false in anymaterial respect when made or furnished.3. Levy or any attachment, execution or other process that creates an encumbrance againstall or substantially all of the assets of Debtor or against the Collateral.A-35Shareholder Agreements