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This excerpt taken from the WEN 10-Q filed May 7, 2009. Pledged Certificated Stock”
means all Certificated Securities and any other Stock and Stock Equivalent of a
Person evidenced by a certificate, Instrument or other equivalent document, in
each case owned by any Grantor, including all Stock listed on Schedule 10(a)
or Schedule
10(b) to the Perfection Certificate other than Excluded
Equity.
“Pledged
Collateral” means, collectively, the Pledged Stock, Pledged Debt
Instruments, any other
-6-
Investment
Property of any Grantor, all chattel paper, certificates or other Instruments
representing any of the foregoing and all Security Entitlements of any Grantor
in respect of any of the foregoing. Pledged Collateral may, without
limitation, be General Intangibles, Instruments or Investment
Property.
“ This excerpt taken from the WEN 8-K filed Mar 12, 2009. Pledged Certificated Stock” means all Certificated Securities and any other Stock and Stock Equivalent of a Person evidenced by a certificate, Instrument or other equivalent document, in each case owned by any Grantor, including all Stock listed on Schedule 10(a) or
Schedule 10(b) to the Perfection Certificate other than Excluded Equity.
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