SHARE PLEDGE AGREEMENT

SHARE PLEDGE AGREEMENT

Contract Date: [Day/Month/Year]
Contract No: [Number, if any]

This Share Pledge Agreementbetween the parties whose details are provided below, the Turkish Code of Obligations No. 6098, the Turkish Civil Code No. 4721, and the Turkish Commercial Code No. 6102 , for the purpose of pledging the specified shares as security for a particular receivable.

1. PARTIES

Pledgor (Shareholder / Debtor):

• Name/Title: [Pledgor Name or Company Name]
• TR Identity Number / Tax Number: [XXXXXXXXXX]
• Address: [Pledger's Address]
• Phone: [XXXXXXXXX]
• Email: [XXXXXXXXX]

Pledgee (Creditor / Lender):

• Name/Title: [Pledgee Name or Company Name]
• TR Identity Number / Tax Number: [XXXXXXXXXX]
• Address: [Hostage Holder's Address]
• Phone: [XXXXXXXXX]
• Email: [XXXXXXXXX]

The parties will be referred to as "Pledgor" and "Pledgor" in this agreement .

2. SUBJECT OF THE AGREEMENT

The subject of this agreement is the pledging of the shares belonging to the Pledgor, the details of which are given below, in favor of the Pledgee, and the regulation of the mutual rights and obligations of the parties.

• Company Name: [Full Company Name]
• Trade Registry Number: [XXXXXXXXX]
• Tax Office / Number: [XXXXXXXXXX]
• Company Headquarters: [Company Address]
• Number of Shares Pledged: [X Numbers / %X]
• Share in Total Capital: [%X]
• Pledge Period: [Days/Months/Years]

The pledge is intended to provide security for the Pledgee on the specified shares and remains valid until the specified debt is fully repaid .

3. LEGAL STATUS OF PLEDGED SHARES

• The Pledgor declares and warrants that the pledged shares are his/her property and are free from any liens, mortgages, or encumbrances
• During the pledge period, the shares will be outside the pledgor's control and cannot be transferred, sold, or used as new collateral.
• If the company's articles of association or ownership structure prohibit share pledging, the parties shall ensure that these provisions are not violated.

4. SCOPE AND CONDITIONS OF THE PLEDGE

4.1 Scope of the Pledge

• The pledge is not limited to the face value of the shares, but also includes all rights and income arising from these shares (dividends, profits, etc.).
• relating to the pledged shares shall continue to be exercised by the Pledgor.
• The lien will remain in effect until the debt is paid in full.

4.2 Pledge Period and Termination

• The pledge is valid until [Day/Month/Year]
• If the debt is paid early, the Pledgee undertakes to remove the block on the collateral.
• If the debt is not fully paid at the end of the pledge period, the Pledgee may convert the pledge into cash in accordance with the relevant legislation.

5. DEBT AND REPAYMENT TERMS

• The Pledger will pay the debt [in full or in installments] .
• Total debt amount: [X TL]
• Payment Plan:
  • First payment: [X TL], payment date [Day/Month/Year]
  • Last payment: [X TL], payment date [Day/Month/Year]
• Once the entire debt is paid, the pledge automatically terminates and all restrictions on the shares are removed.

6. RIGHTS AND POWERS OF THE HOSTAGE TAKER

• The pledgee has the right to collect the debt by selling or transferring the pledged shares.
• During the pledge period, any profits (dividends) distributed by the company will remain the property of the Pledgor/will be used to collect the debt.
• The pledgee may or may not transfer the pledge right to a third party.

7. DEFAULT AND ITS CONSEQUENCES

• The pledgor shall be deemed to be in default.
• In case of delay, a late payment interest rate of X% will be applied.
• If the debt cannot be collected, the Pledgee has the right to recover its debt by legally converting the pledged shares into cash.

8. PRIVACY AND PROTECTION OF PERSONAL DATA

• The parties may not share the information they obtain under this agreement with third parties.
• The Pledgee may process the Pledger's information only within the scope of the relevant legislation, in accordance with the Law No. 6698 on the Protection of Personal Data (KVKK)

9. TERMINATION OF THE AGREEMENT AND DISPUTES

9.1 Termination of the Contract

• The parties may terminate the contract by mutual agreement.
• When the pledgor's debt is fully paid, the pledge automatically terminates, and the pledgee removes the pledge lien from the shares.

9.2 Dispute Resolution

• Any disputes that may arise between the parties will primarily be resolved through negotiation.
• In disputes that cannot be resolved through negotiation, the [City] Courts and Enforcement Offices have jurisdiction.

10. FINAL PROVISIONS

• This agreement [X] copies and has been read and signed by the parties.
• Neither party may make changes to the terms of this agreement without written notice.
• The parties declare that they accept the terms of this agreement.
• The terms of this agreement shall be governed by the Turkish Code of Obligations, the Turkish Civil Code, and other relevant legislation

📌 PLEDGEHOLDER (SHAREHOLDER / DEBTOR)
Name-Surname / Title: [Pledgor Name]
Signature: __________

📌 COLLATERAL (CREDITOR)
Name-Surname / Title: [Collector's Name]
Signature: __________