Share Pledge Trustee

Documentation and Execution:

Assisting in the preparation, negotiation, and execution of share pledge agreements between the pledgor and the pledgee. The share pledge trustee ensures that the terms and conditions of the pledge agreement are properly documented and executed by all parties involved.

Safekeeping of Shares:

Holding and maintaining custody of the pledged shares on behalf of the pledgee. The share pledge trustee ensures that the pledged shares are properly registered, endorsed, and transferred in accordance with the terms of the pledge agreement.

Monitoring and Compliance:

Monitoring the pledgor's compliance with the terms and conditions of the pledge agreement, including any restrictions on the transfer or disposition of the pledged shares. The share pledge trustee may conduct periodic reviews to ensure that the pledged shares remain in compliance with the pledge agreement.

Dividend and Corporate Action Management:

Administering dividends, rights issues, and other corporate actions related to the pledged shares. The share pledge trustee ensures that any dividends or other distributions received from the pledged shares are properly accounted for and disbursed in accordance with the terms of the pledge agreement.

Enforcement and Remediation:

Acting on behalf of the pledgee in the event of default or breach by the pledgor. This may include exercising rights and remedies under the pledge agreement, such as selling or transferring the pledged shares to satisfy the pledgee's claims.

Communication and Reporting:

Serving as a communication channel between the pledgor and the pledgee, providing regular updates on the status of the pledged shares and any material developments that may affect the pledge agreement. The share pledge trustee also responds to inquiries from the pledgor or pledgee regarding the administration of the pledged shares.

Facilitation of Amendments and Waivers:

Assisting in the negotiation and documentation of amendments, waivers, or other modifications to the pledge agreement, as requested by the pledgor or pledgee. The share pledge trustee ensures that any changes to the pledge terms are properly documented and executed in accordance with the provisions of the pledge agreement.