The shares (and after notice shall have been given by the trustee to the pledgor regarding enforcement, all dividends, interest or other monies paid or payable thereon) and all stocks, shares, warrants, securities, rights, monies or property (and the dividends, interest or income thereon or therefrom, paid or payable after notice shall have been given as aforesaid) accruing or acquired at any time and from time to time by way of redemption, purchase, bonus, preference, option or otherwise to or in respect of or derived from all or any of the shares or any derivatives thereof(charged property).

All sums due or to become due by adaprojects (p&l) limited