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<td style="width: 0.5in"></td><td style="width: 0.3in"><font style="font-family: Symbol">·</font></td><td style="text-align: justify"><font style="font-family: Times New Roman, Times, Serif">The Company is required to comply with
a number of affirmative, negative and financial covenants. Among other things, these covenants restrict the Company’s ability
to pay dividends, provide that the Company’s debt service coverage ratio (as determined pursuant to the Loan Agreement) cannot
be less than 1.25 to 1.0 as of the end of any fiscal year, and require that the Company have immediately available cash at all
times, including borrowings under the Credit Facility, of at least $3 million. The Company was in compliance with these covenants
at June 30, 2012.</font></td></tr></tbody></table>
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<td></td><td><font>·</font></td><td><font>The Company is required to comply with
a number of affirmative, negative and financial covenants. Among other things, these covenants restrict the Company’s ability
to pay dividends, provide that the Company’s debt service coverage ratio (as determined pursuant to the Loan Agreement) cannot
be less than 1.25 to 1.0 as of the end of any fiscal year, and require that the Company have immediately available cash at all
times, including borrowings under the Credit Facility, of at least $3 million. The Company was in compliance with these covenants
at June 30, 2012.</font></td></tr></tbody></table>