<table>
            <tbody><tr style="FONT-SIZE: 1px">
                <td valign="top" width="4%">
                    <p>&nbsp;</p>
                </td>

                <td valign="top" width="4%">
                    <p>&nbsp;</p>
                </td>

                <td valign="top" width="4%">
                    <p>&nbsp;</p>
                </td>

                <td valign="top" width="4%">
                    <p>&nbsp;</p>
                </td>

                <td valign="top" width="80%">
                    <p align="justify">&nbsp;</p>
                </td>
            </tr>

            <tr>
                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p><font face="symbol" size="2">·</font></p>
                </td>

                <td valign="top">
                    <p align="justify"><font size="2">All outstanding loans under the Credit Agreement were to become due on June 30, 2011 (the “Maturity Date”).</font></p>
                </td>
            </tr>

            <tr>
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                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p align="justify">&nbsp;</p>
                </td>
            </tr>

            <tr>
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                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p><font face="symbol" size="2">·</font></p>
                </td>

                <td valign="top">
                    <p align="justify"><font size="2">The Term Loan was to be repaid in 12 consecutive quarterly installments, with the first 11 installments in the amount of $168,750, and a final payment in the amount of $643,750 being due on the Maturity Date.</font></p>
                </td>
            </tr>

            <tr>
                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p align="justify">&nbsp;</p>
                </td>
            </tr>

            <tr>
                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p><font face="symbol" size="2">·</font></p>
                </td>

                <td valign="top">
                    <p align="justify"><font size="2">Interest accrued on outstanding loans under the Credit Agreement at a per annum rate equal to, at the Company’s option, the prime rate from time to time in effect (but in no event less than the Federal Funds Rate plus one-half percent), or a LIBOR rate selected by the Company, plus a margin of 2.25%. </font></p>
                </td>
            </tr>

            <tr>
                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p align="justify">&nbsp;</p>
                </td>
            </tr>

            <tr>
                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p>&nbsp;</p>
                </td>

                <td valign="top">
                    <p><font face="symbol" size="2">·</font></p>
                </td>

                <td valign="top">
                    <p align="justify"><font size="2">The Company was required to comply with a number of affirmative, negative and financial covenants. Among other things, these covenants provided that the Company’s “Consolidated Debt Service Coverage Ratio” could not be less than 1.5 to 1.0 as of the end of any fiscal quarter, that its “Consolidated Leverage Ratio” could not exceed 2:25 to 1:00 at the end of any fiscal quarter, and that the Company could not
                    incur a “Consolidated Pre-Tax Net Loss” in excess of $500,000 in the aggregate in any period of two consecutive fiscal quarters. </font></p>
                </td>
            </tr>
        </tbody></table>
<table>
<tbody><tr>
<td>
<p> </p>
</td>
<td>
<p> </p>
</td>
<td>
<p> </p>
</td>
<td>
<p> </p>
</td>
<td>
<p> </p>
</td>
</tr>
<tr>
<td>
<p> </p>
</td>
<td>
<p> </p>
</td>
<td>
<p> </p>
</td>
<td>
<p><font>·</font></p>
</td>
<td>
<p><font>All outstanding loans under the Credit Agreement were to become due on June 30, 2011 (the “Maturity Date”).</font></p>
</td>
</tr>
<tr>
<td>
<p> </p>
</td>
<td>
<p> </p>
</td>
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<p> </p>
</td>
<td>
<p> </p>
</td>
<td>
<p> </p>
</td>
<td>
<p><font>·</font></p>
</td>
<td>
<p><font>The Term Loan was to be repaid in 12 consecutive quarterly installments, with the first 11 installments in the amount of $168,750, and a final payment in the amount of $643,750 being due on the Maturity Date.</font></p>
</td>
</tr>
<tr>
<td>
<p> </p>
</td>
<td>
<p> </p>
</td>
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<p> </p>
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<p> </p>
</td>
<td>
<p> </p>
</td>
<td>
<p><font>·</font></p>
</td>
<td>
<p><font>Interest accrued on outstanding loans under the Credit Agreement at a per annum rate equal to, at the Company’s option, the prime rate from time to time in effect (but in no event less than the Federal Funds Rate plus one-half percent), or a LIBOR rate selected by the Company, plus a margin of 2.25%. </font></p>
</td>
</tr>
<tr>
<td>
<p> </p>
</td>
<td>
<p> </p>
</td>
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<p> </p>
</td>
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<p> </p>
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<p> </p>
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</tr>
<tr>
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<p> </p>
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<p> </p>
</td>
<td>
<p> </p>
</td>
<td>
<p><font>·</font></p>
</td>
<td>
<p><font>The Company was required to comply with a number of affirmative, negative and financial covenants. Among other things, these covenants provided that the Company’s “Consolidated Debt Service Coverage Ratio” could not be less than 1.5 to 1.0 as of the end of any fiscal quarter, that its “Consolidated Leverage Ratio” could not exceed 2:25 to 1:00 at the end of any fiscal quarter, and that the Company could not
                    incur a “Consolidated Pre-Tax Net Loss” in excess of $500,000 in the aggregate in any period of two consecutive fiscal quarters. </font></p>
</td>
</tr>
</tbody></table>