PLEDGE AND SECURITY AGREEMENT
THIS PLEDGE AND SECURITY AGREEMENT (this "AGREEMENT"), is entered into this 8th day of July,
1998, by and between Tamiya Watanabe, Rabex USA Holdings, Inc., a Colorado corporation and Satellite
Investment Group, LLC, a Colorado limited liability company.
1. DEFINITIONS. Throughout this Agreement, and unless the context otherwise requires, the word or words
set forth below within the quotation marks shall be deemed to mean the words which follow them:
1.1 "Certificate" means any stock certificate representing a Share in the possession of the Custodian, including,
without limitation, the Stock Certificates and the Replacement Certificates.
1.2 "Collateral" means the Shares, any and all dividends (monetary, stock, liquidating or otherwise) in respect
thereto, and any and all securities, instruments, documents, contract rights, and other property which Debtor may
become entitled to with respect thereto, and all cash or non- cash proceeds thereof.
1.3 "Company" means Solar Satellite Communication, Inc., a Colorado corporation.
1.4 "Creditor" means Tamiya Wataabe and Rabex USA Holdings, Inc., a Colorado corporation or any
successor holder of the Secured Note.
1.5 "Creditor's Address" means Nishi-Shinbashi, YS Bldg, 4F, 2-Chome, Minato-Ku, Tokyo 105, Japan.
1.6 "Custodian" means Pendleton, Friedberg, Wilson & Hennessey, P.C.
1.7 "Custodian's Address" means 303 E. 17th Avenue, Suite 1000, Denver, Colorado 80203.
1.8 "Debtor" means Satellite Investment Group, LLC , a Colorado limited liability company.
1.9 "Debtor's Address" means 5650 Greenwood Plaza Boulevard, Suite 107, Englewood, Colorado 80111.
1.10 "Dividend" shall mean any dividend or other kind of distribution hereinafter made to Debtor as a shareholder
of the Company.
1.11 "Effective Date" means July 8, 1998.
1.12 "Event of Default" means each and every event specified in Section 6 of this Agreement.
1.13 "Maturity Date" means April 8, 1999 which is the maturity date of the Secured