Stock Lending Agreement

{{company_name}}

{{company_address}}

Phone: {{phone}} | Email: {{email}} | Web: {{website}}

Stock Lending Agreement

Stock Lending Agreement

{{company_name}} {{company_address}} Phone: {{phone}} Email: {{email}} Website: {{website}}

STOCK LENDING AGREEMENT

This Stock Lending Agreement (hereinafter referred to as the 'Agreement') is made and entered into on this {{day}} day of {{month}}, {{year}} (the 'Effective Date'), by and between:

**{{Lender_Company_Name}}**, a company duly incorporated and registered under the laws of {{Lender_Jurisdiction}}, with its principal place of business at {{Lender_Address}} (hereinafter referred to as the 'Lender');

AND

**{{Borrower_Company_Name}}**, a company duly incorporated and registered under the laws of {{Borrower_Jurisdiction}}, with its principal place of business at {{Borrower_Address}} (hereinafter referred to as the 'Borrower').

The Lender and the Borrower are hereinafter collectively referred to as the 'Parties' and individually as a 'Party'.

RECITALS

WHEREAS, the Lender owns certain securities and wishes to lend such securities to the Borrower;

WHEREAS, the Borrower wishes to borrow such securities from the Lender for a specified period and purposes;

NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:

1. DEFINITIONS

**'Borrowed Securities'** means the securities specified in Schedule A that are lent by the Lender to the Borrower under this Agreement.

**'Collateral'** means the cash or securities provided by the Borrower to the Lender as security for the return of the Borrowed Securities, as further described in Clause 4.

**'Lending Fee'** means the fee payable by the Borrower to the Lender for the lending of the Borrowed Securities, as specified in Schedule B.

2. LOAN OF SECURITIES

2.1. Subject to the terms and conditions of this Agreement, the Lender agrees to lend to the Borrower, and the Borrower agrees to borrow from the Lender, the Borrowed Securities.

2.2. The transfer of the Borrowed Securities shall be effected on {{Loan_Commencement_Date}} in accordance with the instructions provided by each Party.

2.3. The loan period shall commence on the Effective Date and shall continue until {{Loan_End_Date}} unless terminated earlier in accordance with the provisions of this Agreement.

3. RIGHTS AND OBLIGATIONS OF THE PARTIES

3.1. **Lender's Obligations:** The Lender shall deliver the Borrowed Securities to the Borrower on the Effective Date. The Lender shall have the right to receive the Collateral and the Lending Fee.

3.2. **Borrower's Obligations:** The Borrower shall provide the Collateral to the Lender. The Borrower shall pay the Lending Fee as and when due. The Borrower shall return equivalent securities to the Lender at the end of the loan period or upon earlier termination of this Agreement.

3.3. **Corporate Actions:** In the event of any corporate actions (e.g., dividends, stock splits, rights issues) affecting the Borrowed Securities during the loan period, the Parties shall agree on a fair and equitable adjustment to ensure the economic position of the Lender is preserved.

4. COLLATERAL

4.1. The Borrower shall provide Collateral to the Lender in the amount of {{Collateral_Amount}} or value of {{Collateral_Type}} as security for the return of the Borrowed Securities.

4.2. The Collateral shall be maintained at a value not less than {{Collateral_Percentage}}% of the market value of the Borrowed Securities.

4.3. The Lender shall have the right to call for additional Collateral if the market value of the Borrowed Securities increases or the value of the existing Collateral decreases.

5. RETURN OF BORROWED SECURITIES

5.1. On the Return Date (being {{Return_Date}}), or such earlier date as agreed by the Parties, the Borrower shall return to the Lender securities equivalent to the Borrowed Securities.

5.2. Upon the satisfactory return of the Borrowed Securities, the Lender shall promptly return the Collateral to the Borrower.

6. FEES AND CHARGES

6.1. The Borrower shall pay the Lending Fee of {{Lending_Fee_Amount}} or as calculated in Schedule B.

6.2. All taxes, duties, and levies arising from this Agreement shall be borne by the Party upon whom they are legally imposed.

7. EVENTS OF DEFAULT

7.1. An 'Event of Default' shall include, but not be limited to, the following:

(a) Failure by the Borrower to return the Borrowed Securities on the Return Date.

(b) Failure by the Borrower to provide or maintain the required Collateral.

(c) Breach of any material term of this Agreement by either Party.

8. GOVERNING LAW AND DISPUTE RESOLUTION

8.1. This Agreement shall be governed by and construed in accordance with the laws of {{Governing_Jurisdiction}}.

8.2. Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration in {{Arbitration_Location}} in accordance with the arbitration rules of {{Arbitration_Body}}.

9. MISCELLANEOUS

9.1. **Entire Agreement:** This Agreement constitutes the entire understanding and agreement between the Parties.

9.2. **Amendments:** Any amendment to this Agreement must be in writing and signed by both Parties.

9.3. **Notices:** All notices shall be in writing and sent to the addresses specified above.

IN WITNESS WHEREOF

The Parties hereto have executed this Stock Lending Agreement on the Effective Date first written above.

____________________________

{{Lender_Company_Name}}

Represented by: ____________________________

Name: {{Lender_Signatory_Name}}

Title: {{Lender_Signatory_Title}}

____________________________

{{Borrower_Company_Name}}

Represented by: ____________________________

Name: {{Borrower_Signatory_Name}}

Title: {{Borrower_Signatory_Title}}