USANA HEALTH SCIENCES INC
EX-10.13
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<TYPE>EX-10.13
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<FILENAME>a04-3363_1ex10d13.htm
<DESCRIPTION>EX-10.13
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<p align="right" style="margin:0in 0in .0001pt;text-align:right;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">EXHIBIT
10.13</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CONSENT AND FOURTH AMENDMENT TO CREDIT AGREEMENT</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">THIS CONSENT AND FOURTH AMENDMENT TO CREDIT AGREEMENT
(&#147;Amendment&#148;) is made and entered into by and between USANA Health Sciences,
Inc., a Utah corporation (&#147;Borrower&#148;) and Bank of America, N.A., a national
banking association (&#147;Bank&#148;).</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Recitals</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">A.&#160;&#160;&#160; Borrower and Bank are parties to that
certain Credit Agreement dated March&nbsp;26, 2001, as amended by that certain
letter agreement dated January&nbsp;25, 2002, by that certain First Amendment
to Credit Agreement dated as of April&nbsp;17, 2002, by that certain letter
agreement dated May&nbsp;8, 2002, by that certain letter agreement dated
July&nbsp;23, 2002, by that certain Second Amendment to Credit Agreement dated
as of August&nbsp;21, 2002 and by that certain Third Amendment to Credit
Agreement dated as of December&nbsp;27, 2002 (as amended or otherwise modified,
the &#147;Credit Agreement&#148;).</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">B.&#160;&#160;&#160; USANA Acquisition Corporation, a Utah
corporation (&#147;USANA Acquisition&#148;), is a wholly-owned subsidiary of
Borrower.&#160; Three individuals (collectively,
the &#147;Sellers&#148;) and USANA Acquisition are parties to that certain Stock Purchase
Agreement effective dated July&nbsp;1, 2003 (the &#147;Stock Purchase Agreement&#148;),
pursuant to which USANA Acquisition shall purchase and Sellers shall sell all
of the issued and outstanding capital stock of Wasatch Product Development,
Inc., a Utah corporation (&#147;Wasatch&#148;).&#160;
Borrower intends to fund the purchase of the capital stock of Wasatch
with a capital contribution to USANA Acquisition.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">C.&#160;&#160;&#160; The Credit Agreement contains certain
covenants binding upon Borrower, including Section&nbsp;9.5 thereof that, among
other things, prohibits Borrower from making any substantial contribution to,
or material investment in the stock or shares of any Person and
Section&nbsp;9.13 thereof that, among other things, prohibits Borrower from
making any investment outside the ordinary course of Borrower&#146;s business</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">D.&#160;&#160;&#160; Borrower has requested that Bank amend the
Credit Agreement to permit Borrower to fund USANA Acquisition&#146;s purchase of the
capital stock of Wasatch with a capital contribution to USANA Acquisition, and
has requested that Bank agree to increase the capital expenditure limitation
set forth in Section 9.12 of the Credit Agreement for Borrower&#146;s fiscal year
ending December&nbsp;31, 2003, which, in each case, Bank is willing to do on
the terms and conditions herein contained.</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">NOW THEREFORE, in
consideration of the foregoing, Borrower and Bank agree as follows:</font></p>

<p align="left" style="margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Agreement</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">1.&#160;&#160;&#160;&#160; DEFINED TERMS.&#160; Capitalized terms not otherwise defined herein shall have the meanings
given in the Credit Agreement.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">2.&#160;&#160;&#160;&#160; CONSENT.&#160;
Notwithstanding anything contained in the Credit Agreement to the
contrary, Bank hereby consents to Borrower and USANA Acquisition entering into
the transactions contemplated by the Stock Purchase Agreement, including
without limitation the purchase of the capital stock of Wasatch with a capital
contribution to USANA Acquisition, and in connection therewith Bank hereby
waives the application of Sections 9.5 and 9.13 of the Credit Agreement and any
other applicable section or term of the Credit Agreement with respect to such
transactions.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">3.&#160;&#160;&#160;&#160; AMENDMENTS TO CREDIT AGREEMENT.&#160; The Credit Agreement is amended as follows:</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)&#160;&#160; <u>Addition of Section&nbsp;1.3a</u>.&#160; Section&nbsp;1.3a is added to read as
follows:</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:.5in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1.3a&#160;&#160;&#160;&#160;&#160;&#160;&#160; Borrower
Guaranties</font></b> shall mean, collectively, each of the guaranties
made by Borrower in favor of Bank in respect of the obligations of any
subsidiary of</p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


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<p style="margin:0in 0in .0001pt .5in;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Borrower owing to
Bank and any other subsidiary or affiliate of Bank of America Corporation.</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)&#160;&#160; <u>Addition of Section&nbsp;1.24</u>.&#160; Section&nbsp;1.24 is added to read as
follows:</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:.5in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1.24&#160;&#160;&#160;&#160;&#160;&#160;&#160; USANA
Acquisition</font></b> shall mean USANA Acquisition Corporation, a Utah
corporation.</p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)&#160;&#160; <u>Addition of Section&nbsp;1.25</u>.&#160; Section&nbsp;1.25 is added to read as
follows:</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:.5in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1.25&#160;&#160;&#160;&#160;&#160;&#160;&#160; Wasatch</font></b>
shall mean Wasatch Product Development, Inc., a Utah corporation.</p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)&#160;&#160; <u>Addition of Section&nbsp;1.26</u>.&#160; Section&nbsp;1.26 is added to read as
follows:</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:.5in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">1.26&#160;&#160;&#160;&#160;&#160;&#160;&#160; Wasatch
Guaranty</font></b> shall mean that certain Continuing Guaranty dated on
or about July&nbsp;8, 2003 made by Wasatch in favor of Bank.</p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Amendment to Section 8.12</u>.&#160; Section 8.12 is added to read as follows:</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:.5in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">8.12&#160;&#160;&#160;&#160;&#160;&#160;&#160; Wasatch.</font></b>&#160; At all times after July&nbsp;8, 2003
(a)&nbsp;own all of the issued and outstanding capital stock of Wasatch;
(b)&nbsp;cause Wasatch to (i)&nbsp;preserve and maintain its existence, powers,
and privileges in the jurisdiction of its formation, (ii)&nbsp;keep accurate
and complete books, accounts, and records in which complete entries shall be
made in accordance with GAAP, (iii)&nbsp;pay all of its debts and perform all
of its obligations promptly and in accordance with their terms, and pay and
discharge promptly all taxes imposed upon it prior to the date on which
penalties attach thereto, except where the enforceability, amount, or validity
of such taxes is contested in good faith by appropriate proceedings and
(iv)&nbsp;maintain commercially adequate levels of coverage with financially
sound and reputable insurers; and (c)&nbsp;cause Wasatch to not
(i)&nbsp;create, incur, assume, permit to exist, or otherwise become committed
for any debt, except debt payable to Borrower and debt of the types described
in clauses (a) through (d) of Section&nbsp;9.1, (ii)&nbsp;create, incur, or
assume, or agree to create, incur, or assume any lien on any of its property,
or to enter into any lease with respect to any of its property, except liens in
favor of Borrower and liens of the types described in clauses (a) through (d)
of Section&nbsp;9.2, (iii)&nbsp;assume, guaranty, endorse, become a surety for,
indemnify, or otherwise in any fashion become responsible for, directly or
indirectly, any obligation of any Person, except guaranties of the types
described in clauses (a) through (c) of Section&nbsp;9.3, (iv)&nbsp;sell,
transfer, lease, or otherwise assign or dispose of a substantial portion of its
property to any Person (other than Borrower), outside the ordinary course of
business, (v)&nbsp;make any loan or advance to any Person (other than
Borrower), other than in the ordinary course of business, or make any
investment outside the ordinary course of Borrower&#146;s business, except
investments of the types described in clauses (a) through (d) of
Section&nbsp;9.13.&#160; For purposes of this
Section&nbsp;8.12, references to &#147;this date&#148; in Sections&nbsp;9.1(b) and 9.2(a)
shall mean July&nbsp;8, 2003.</p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)&#160;&#160; <u>Amendment to Section&nbsp;9.5</u>.&#160; Section&nbsp;9.5 is amended and restated to
read as follows:</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:.5in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">9.5&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; Mergers.</font></b>&#160; Become a party to any merger, consolidation,
or like structural change, or make any substantial transfer or contribution to,
or material investment in, stock, shares, or licenses of any Person, except to
the extent permitted under Section&nbsp;9.13(e).</p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(f)&#160;&#160;&#160; <u>Amendment to Section&nbsp;9.12</u>.&#160; Section&nbsp;9.12 is amended and restated to
read as follows:</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="font-size:10.0pt;margin:0in 0in .0001pt .5in;text-indent:.5in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">9.12&#160;&#160;&#160;&#160;&#160;&#160;&#160; Capital
Expenditures.</font></b>&#160; Make or
commit to make expenditures for fixed assets or other capital expenditures
which in the aggregate are in excess of (i)&nbsp;$7,000,000 for Borrower&#146;s
fiscal</p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

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<p style="margin:0in 0in .0001pt .5in;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">year ending
December&nbsp;31, 2001, (ii)&nbsp;$5,000,000 for Borrower&#146;s fiscal year ending
December&nbsp;31, 2002, (iii)&nbsp;$7,500,000 for Borrower&#146;s fiscal year ending
December&nbsp;31, 2003 or (iv)&nbsp;$5,000,000 for Borrower&#146;s fiscal years
ending December&nbsp;31, 2004 and thereafter.</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(g)&#160;&#160; <u>Amendment to Section&nbsp;9.13</u>.&#160; In Section&nbsp;9.13, the word &#147;and&#148; at the
end of subsection&nbsp;(c) is deleted, the period at the end of
subsection&nbsp;(d) is deleted and a semicolon followed by the word &#147;and&#148; is
substituted in its stead and subsection&nbsp;(e) is added to read as follows:</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(h)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>USANA Acquisition</u>.&#160; Loans or advances to and investments in the
stock or shares of USANA Acquisition or Wasatch; <u>provided</u> that
(i)&nbsp;in the case of loans or advances made by Borrower to USANA Acquisition
or Wasatch, the aggregate principal amount of all such loans or advances shall
not exceed $1,700,000 at any one time and (ii)&nbsp;in the case of investments
made by Borrower in the stock or shares of USANA Acquisition, the aggregate
amount of all such investments shall not exceed $5,300,000 at any one time.</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(i)&#160;&#160;&#160; <u>Amendment to Section&nbsp;10.1</u>.&#160; In Section&nbsp;10.1, the word &#147;or&#148; at the
end of subsection&nbsp;(h) is deleted, the period at the end of
subsection&nbsp;(i) is deleted and a semicolon is substituted in its stead and
subsections&nbsp;(j) and (k) are added to read as follows:</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(j)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Wasatch Guaranty</u>.&#160; Wasatch shall fail to perform or observe any
covenant, obligation or term of the Wasatch Guaranty and such failure shall
continue unremedied after the applicable grace period, if any, specified in the
Wasatch Guaranty or the Wasatch Guaranty shall for any reason be revoked or
invalidated, or otherwise cease to be in full force and effect, or Wasatch or
any other Person shall contest in any manner the validity or enforceability of
the Wasatch Guaranty or deny that it has any further liability or obligation
thereunder; or</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(k)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <u>Borrower Guaranties</u>.&#160; Borrower shall fail to perform or observe
any covenant, obligation or term of any Borrower Guaranty and such failure
shall continue unremedied after the applicable grace period, if any, specified
in such Borrower Guaranty or any Borrower Guaranty shall for any reason be
revoked or invalidated, or otherwise cease to be in full force and effect, or
Borrower or any other Person shall contest in any manner the validity or
enforceability of any Borrower Guaranty or deny that it has any further
liability or obligation thereunder.</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">4.&#160;&#160;&#160;&#160; CONDITIONS TO EFFECTIVENESS.&#160; Notwithstanding anything contained herein to
the contrary, this Amendment shall not become effective until each of the
following conditions is fully and simultaneously satisfied:</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)&#160;&#160; <u>Delivery of Amendment</u>.&#160; Borrower and Bank shall have executed and
delivered counterparts of this Amendment to each other;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)&#160;&#160; <u>Wasatch Guaranty</u>.&#160; Wasatch shall have executed and delivered to
Bank a Continuing Guaranty substantially in the form of <u>Exhibit&nbsp;A</u>
attached hereto (the &#147;Guaranty&#148;);</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)&#160;&#160; <u>Corporate Authority</u>.&#160; Bank shall have received such evidence of
corporate authority and action as Bank shall request demonstrating that
(i)&nbsp;the execution, delivery and performance of this Amendment has been
duly authorized by Borrower and (ii)&nbsp;the execution, delivery and
performance of the Guaranty has been duly authorized by Wasatch;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(d)&#160;&#160; <u>Representations True; No Default</u>.&#160; The representations of Borrower as set forth
in Article&nbsp;7 of the Credit Agreement shall be true on and as of the date
of this Amendment with the same force and effect as if made on and as of this
date.&#160; After giving effect to this
Amendment as of the date specified below, no Event of Default and no event
which, with notice or lapse of time or both, would constitute an Event of
Default, shall have occurred and be continuing or will occur as a result of the
execution of this Amendment; and</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">3</font></p>


<div style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">

<hr size="2" width="100%" noshade color="gray" align="left">

</font></div>

<font size="2" face="Times New Roman" style="font-size:10.0pt;">
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<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">&nbsp;</p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(e)&#160;&#160; <u>Other Documents</u>.&#160; Bank shall have received such other
documents, instruments, and undertakings as Bank may reasonably request.</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">5.&#160;&#160;&#160;&#160; REPRESENTATIONS AND WARRANTIES.&#160; Borrower hereby represents and warrants to
Bank that each of the representations and warranties set forth in
Article&nbsp;7 of the Credit Agreement is true and correct in each case as if
made on and as of the date of this Amendment and Borrower expressly agrees that
it shall be an additional Event of Default under the Credit Agreement if any
representation or warranty made hereunder shall prove to have been incorrect in
any material respect when made.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">6.&#160;&#160;&#160;&#160; NO FURTHER AMENDMENT.&#160; Except as expressly modified by this Amendment,
the Credit Agreement and the other Loan Documents shall remain unmodified and
in full force and effect and the parties hereby ratify their respective
obligations thereunder.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">7.&#160;&#160;&#160;&#160; RESERVATION OF RIGHTS.&#160; Borrower acknowledges and agrees that the
execution and delivery by Bank of this Amendment shall not be deemed to create
a course of dealing or otherwise obligate Bank to forbear or execute similar
amendments under the same or similar circumstances in the future.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">8.&#160;&#160;&#160;&#160; MISCELLANEOUS.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt;text-align:left;text-indent:.5in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="margin:0in 0in .0001pt .5in;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(a)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; This
Amendment comprises the entire agreement of the parties with respect to the
subject matter hereof and supersedes all prior oral or written agreements,
representations or commitments.</font></p>

<p align="left" style="margin:0in 0in .0001pt .5in;text-align:left;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(b)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; This Amendment may be executed in any
number of counterparts, all of which taken together shall constitute one and
the same Agreement.</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">(c)&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; This Amendment and the rights and
obligations of the parties hereto shall be construed and interpreted in
accordance with the internal laws of the State of Washington.</font></p>

<p style="margin:0in 0in .0001pt .5in;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">EXECUTED AND DELIVERED by the duly
authorized officers of the parties as of the date first above written.</font></p>

<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Dated
effective as of July&nbsp;8, 2003.</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="48%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:48.08%;">
  <p style="margin:0in 0in .0001pt;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Borrower:</font></b></p>
  </td>
  <td width="51%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:51.92%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Bank:</font></b>&#160; </p>
  </td>
 </tr>
 <tr>
  <td width="48%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:48.08%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:0in;">&nbsp;</p>
  </td>
  <td width="51%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:51.92%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:0in;">&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td width="48%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:48.08%;">
  <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">USANA HEALTH SCIENCES, INC.</font></p>
  </td>
  <td width="51%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:51.92%;">
  <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">BANK OF AMERICA, N.A.</font></p>
  </td>
 </tr>
 <tr>
  <td width="48%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:48.08%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:0in;">&nbsp;</p>
  </td>
  <td width="51%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:51.92%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:0in;">&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td width="48%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:48.08%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:0in;">&nbsp;</p>
  </td>
  <td width="51%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:51.92%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:0in;">&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td width="26%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:26.7%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Gilbert A. Fuller</font></p>
  </td>
  <td width="21%" valign="top" style="padding:0in 0in 0in 0in;width:21.38%;">
  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>
  </td>
  <td width="35%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:35.04%;">
  <p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Mark N. Crawford</font></p>
  </td>
  <td width="16%" valign="top" style="padding:0in 0in 0in 0in;width:16.88%;">
  <p style="font-size:1.0pt;margin:0in 0in .0001pt;">&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td width="48%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:48.08%;">
  <p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Gilbert A. Fuller, SVP
  &amp; CFO</font></p>
  </td>
  <td width="51%" colspan="2" valign="top" style="padding:0in 0in 0in 0in;width:51.92%;">
  <p style="margin:0in 0in .0001pt 30.0pt;text-indent:-10.0pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Mark N. Crawford,
  Senior Vice President </font></p>
  </td>
 </tr>
 <tr height="0">
  <td width="193" style="border:none;"></td>
  <td width="154" style="border:none;"></td>
  <td width="253" style="border:none;"></td>
  <td width="122" style="border:none;"></td>
 </tr>
</table>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">4</font></p>


<div style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">

<hr size="2" width="100%" noshade color="gray" align="left">

</font></div>

<font size="2" face="Times New Roman" style="font-size:10.0pt;">
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<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">&nbsp;</p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">EXHIBIT&nbsp;A TO CONSENT
AND FOURTH AMENDMENT TO CREDIT AGREEMENT</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">CONTINUING GUARANTY</font></b></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">FOR VALUE RECEIVED, the sufficiency of which is hereby
acknowledged, and in consideration of any credit and/or financial accommodation
heretofore or hereafter from time to time made or granted to USANA HEALTH
SCIENCES, INC., a Utah corporation (the &#147;Borrower&#148;), by BANK OF AMERICA, N.A.
and any other subsidiaries or affiliates of Bank of America Corporation and its
successors and assigns (collectively the &#147;Lender&#148;), the undersigned Guarantor
hereby furnishes its guaranty of the Guaranteed Obligations (as hereinafter
defined) as follows:</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">1.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">GUARANTY.&#160; The Guarantor hereby absolutely and
unconditionally guarantees, as a guarantee of payment and not merely as a
guarantee of collection, prompt payment when due, whether at stated maturity,
upon acceleration or otherwise, and at all times thereafter, of any and all
existing and future indebtedness and liabilities of every kind, nature and
character, direct or indirect, absolute or contingent, liquidated or
unliquidated, voluntary or involuntary, of the Borrower to the Lender arising
under that certain Credit Agreement dated March&nbsp;26, 2001 between the
Borrower and the Lender (the &#147;Credit Agreement&#148;) and all instruments,
agreements and other documents of every kind and nature now or hereafter
executed in connection with the Credit Agreement (including all renewals,
extensions and modifications thereof and all costs, attorneys&#146; fees and
expenses incurred by the Lender in connection with the collection or
enforcement thereof) (collectively, the &#147;Guaranteed Obligations&#148;).&#160; The Lender&#146;s books and records showing the
amount of the Guaranteed Obligations shall be admissible in evidence in any
action or proceeding, and shall be binding upon the Guarantor and conclusive
for the purpose of establishing the amount of the Guaranteed Obligations.&#160; This Guaranty shall not be affected by the
genuineness, validity, regularity or enforceability of the Guaranteed
Obligations or any instrument or agreement evidencing any Guaranteed
Obligations, or by the existence, validity, enforceability, perfection, or
extent of any collateral therefor, or by any fact or circumstance relating to
the Guaranteed Obligations which might otherwise constitute a defense to the
obligations of the Guarantor under this Guaranty.&#160; The obligations of the Guarantor hereunder shall be limited to an
aggregate amount equal to the largest amount that would not render its
obligations hereunder subject to avoidance under Section 548 of the Bankruptcy
Code (Title 11, United States Code) or any comparable provisions of any
applicable state law.</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">2.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">NO
SETOFF OR DEDUCTIONS; TAXES. The Guarantor represents and warrants that it is
incorporated and resident in the United States of America. All payments by the
Guarantor hereunder shall be paid in full, without setoff or counterclaim or
any deduction or withholding whatsoever, including, without limitation, for any
and all present and future taxes. If the Guarantor must make a payment under
this Guaranty, the Guarantor represents and warrants that it will make the
payment from one of its U.S. resident offices to the Lender so that no withholding
tax is imposed on the payment.&#160; If
notwithstanding the foregoing, the Guarantor makes a payment under this
Guaranty to which withholding tax applies, or any taxes (other than taxes on
net income (a)&nbsp;imposed by the country or any subdivision of the country in
which the Lender&#146;s principal office or actual lending office is located and
(b)&nbsp;measured by the United States taxable income the Lender would have
received if all payments under or in respect of this Guaranty were exempt from
taxes levied by the Guarantor&#146;s country) are at any time imposed on any
payments under or in respect of this Guaranty including, but not limited to,
payments made pursuant to this Paragraph&nbsp;2, the Guarantor shall pay all
such taxes to the relevant authority in accordance with applicable law such
that the Lender receives the sum it would have received had no such deduction
or withholding been made and shall also pay to the Lender, on demand, all
additional amounts which the Lender specifies as necessary to preserve the
after-tax yield the Lender would have received if such taxes had not been
imposed.&#160; The Guarantor shall promptly
provide the Lender with an original receipt or certified copy issued by the
relevant authority evidencing the payment of any such amount required to be deducted
or withheld.</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>


<div style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">

<hr size="2" width="100%" noshade color="gray" align="left">

</font></div>

<font size="2" face="Times New Roman" style="font-size:10.0pt;">
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<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">&nbsp;</p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">3.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">NO
TERMINATION.&#160; This Guaranty is a
continuing and irrevocable guaranty of all Guaranteed Obligations now or
hereafter existing and shall remain in full force and effect until all
Guaranteed Obligations and any other amounts payable under this Guaranty are
indefeasibly paid and performed in full and any commitments of the Lender or
facilities provided by the Lender with respect to the Guaranteed Obligations
are terminated.&#160; At the Lender&#146;s option,
all payments under this Guaranty shall be made to an office of the Lender
located in the United States and in U.S. Dollars.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">4.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">WAIVER
OF NOTICES.&#160; The Guarantor waives notice
of the acceptance of this Guaranty and of the extension or continuation of the
Guaranteed Obligations or any part thereof. the Guarantor further waives
presentment, protest, notice, dishonor or default, demand for payment and any
other notices to which the Guarantor might otherwise be entitled.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">5.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">SUBROGATION.&#160; The Guarantor shall exercise no right of
subrogation, contribution or similar rights with respect to any payments it
makes under this Guaranty until all of the Guaranteed Obligations and any
amounts payable under this Guaranty are indefeasibly paid and performed in full
and any commitments of the Lender or facilities provided by the Lender with
respect to the Guaranteed Obligations are terminated.&#160; If any amounts are paid to the Guarantor in violation of the
foregoing limitation, then such amounts shall be held in trust for the benefit
of the Lender and shall forthwith be paid to the Lender to reduce the amount of
the Guaranteed Obligations, whether matured or unmatured.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">6.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">WAIVER
OF SURETYSHIP DEFENSES.&#160; The Guarantor
agrees that the Lender may, at any time and from time to time, and without
notice to the Guarantor, make any agreement with the Borrower or with any other
person or entity liable on any of the Guaranteed Obligations or providing
collateral as security for the Guaranteed Obligations, for the extension,
renewal, payment, compromise, discharge or release of the Guaranteed
Obligations or any collateral (in whole or in part), or for any modification or
amendment of the terms thereof or of any instrument or agreement evidencing the
Guaranteed Obligations or the provision of collateral, all without in any way
impairing, releasing, discharging or otherwise affecting the obligations of the
Guarantor under this Guaranty.&#160; The
Guarantor waives any defense arising by reason of any disability or other
defense of the Borrower or any other guarantor, or the cessation from any cause
whatsoever of the liability of the Borrower, or any claim that the Guarantor&#146;s
obligations exceed or are more burdensome than those of the Borrower and waives
the benefit of any statute of limitations affecting the liability of the Guarantor
hereunder.&#160; The Guarantor waives any
right to enforce any remedy which the Lender now has or may hereafter have
against the Borrower and waives any benefit of and any right to participate in
any security now or hereafter held by the Lender.&#160; Further, the Guarantor consents to the taking of, or failure to
take, any action which might in any manner or to any extent vary the risks of
the Guarantor under this Guaranty or which, but for this provision, might
operate as a discharge of the Guarantor.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">7.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">EXHAUSTION
OF OTHER REMEDIES NOT REQUIRED.&#160; The
obligations of the Guarantor hereunder are those of primary obligor, and not
merely as surety, and are independent of the Guaranteed Obligations.&#160; The Guarantor waives diligence by the Lender
and action on delinquency in respect of the Guaranteed Obligations or any part
thereof, including, without limitation any provisions of law requiring the
Lender to exhaust any right or remedy or to take any action against the
Borrower, any other guarantor or any other person, entity or property before
enforcing this Guaranty against the Guarantor.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">8.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">REINSTATEMENT.&#160; Notwithstanding anything in this Guaranty to
the contrary, this Guaranty shall continue to be effective or be reinstated, as
the case may be, if at any time any payment of any portion of the Guaranteed
Obligations is revoked, terminated, rescinded or reduced or must otherwise be
restored or returned upon the insolvency, bankruptcy or reorganization of the
Borrower or any other person or entity or otherwise, as if such payment had not
been</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">6</font></p>


<div style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">

<hr size="2" width="100%" noshade color="gray" align="left">

</font></div>

<font size="2" face="Times New Roman" style="font-size:10.0pt;">
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<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">&nbsp;</p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">made and whether or not the Lender is in possession of or has
released this Guaranty and regardless of any prior revocation, rescission,
termination or reduction.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">9.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">SUBORDINATION.&#160; The Guarantor hereby subordinates the
payment of all obligations and indebtedness of the Borrower owing to the
Guarantor, whether now existing or hereafter arising, including but not limited
to any obligation of the Borrower to the Guarantor as subrogee of the Lender or
resulting from the Guarantor&#146;s performance under this Guaranty, to the
indefeasible payment in full of all Guaranteed Obligations. If the Lender so
requests, any such obligation or indebtedness of the Borrower to the Guarantor
shall be enforced and performance received by the Guarantor as trustee for the
Lender and the proceeds thereof shall be paid over to the Lender on account of
the Guaranteed Obligations, but without reducing or affecting in any manner the
liability of the Guarantor under this Guaranty.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">10.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">INFORMATION.&#160; The Guarantor agrees to furnish promptly to
the Lender any and all financial or other information regarding the Guarantor
or its property as the Lender may reasonably request in writing.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">11.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">STAY
OF ACCELERATION.&#160; In the event that
acceleration of the time for payment of any of the Guaranteed Obligations is
stayed, upon the insolvency, bankruptcy or reorganization of the Borrower or
any other person or entity, or otherwise, all such amounts shall nonetheless be
payable by the Guarantor immediately upon demand by the Lender.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">12.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">EXPENSES.&#160; The Guarantor shall pay on demand all
out-of-pocket expenses (including reasonable attorneys&#146; fees and expenses and
the allocated cost and disbursements of internal legal counsel) in any way
relating to the enforcement or protection of the Lender&#146;s rights under this
Guaranty, including any incurred in the preservation, protection or enforcement
of any rights of the Lender in any case commenced by or against the Guarantor
under the Bankruptcy Code (Title 11, United States Code) or any similar or
successor statute.&#160; The obligations of
the Guarantor under the preceding sentence shall survive termination of this
Guaranty.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">13.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">AMENDMENTS.&#160; No provision of this Guaranty may be waived,
amended, supplemented or modified, except by a written instrument executed by
the Lender and the Guarantor.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">14.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">NO
WAIVER; ENFORCEABILITY.&#160; No failure by
the Lender to exercise, and no delay in exercising, any right, remedy or power
hereunder shall operate as a waiver thereof; nor shall any single or partial
exercise of any right, remedy or power hereunder preclude any other or further
exercise thereof or the exercise of any other right.&#160; The remedies herein provided are cumulative and not exclusive of
any remedies provided by law or in equity.&#160;
The unenforceability or invalidity of any provision of this Guaranty
shall not affect the enforceability or validity of any other provision herein.
The obligations hereunder shall not be affected, limited or impaired by any
acts of any legislative body or governmental authority affecting the Borrower,
including but not limited to, any restrictions on or regarding the conversion
of currency or repatriation or control of funds or any total or partial
expropriation of the Borrower&#146;s property, or by any economic, political,
regulatory or other events in the countries where the Borrower is located.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">15.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">ASSIGNMENT;
GOVERNING LAWS; JURISDICTION.&#160; This
Guaranty shall (a)&nbsp;bind the Guarantor and its successors and assigns, provided
that the Guarantor may not assign its rights or obligations under this Guaranty
without the prior written consent of the Lender (and any attempted assignment
without such consent shall be void), (b)&nbsp;inure to the benefit of the
Lender and its successors and assigns and the Lender may, without notice to the
Guarantor and without affecting the Guarantor&#146;s obligations hereunder, assign
or sell participations in the Guaranteed Obligations and this Guaranty, in
whole or in part, and (c)&nbsp;be governed by the internal laws of the State of
Washington.&#160; The Guarantor hereby
irrevocably (i)&nbsp;submits to the non exclusive jurisdiction of any United
States Federal or State court sitting in Seattle,</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">7</font></p>


<div style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">

<hr size="2" width="100%" noshade color="gray" align="left">

</font></div>

<font size="2" face="Times New Roman" style="font-size:10.0pt;">
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<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">&nbsp;</p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">Washington in any action or proceeding arising out of or
relating to this Guaranty, and (ii)&nbsp;waives to the fullest extent permitted
by law any defense asserting an inconvenient forum in connection
therewith.&#160; Service of process by the
Lender in connection with such action or proceeding shall be binding on the
Guarantor if sent to the Guarantor by registered or certified mail at its
address specified below.&#160; The Guarantor
agrees that the Lender may disclose to any prospective purchaser and any
purchaser of all or part of the Guaranteed Obligations any and all information
in the Lender&#146;s possession concerning the Guarantor, this Guaranty and any
security for this Guaranty.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">16.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">CONDITION
OF BORROWER.&#160; The Guarantor acknowledges
and agrees that it has the sole responsibility for, and has adequate means of,
obtaining from the Borrower such information concerning the financial
condition, business and operations of the Borrower as the Guarantor requires,
and that the Lender has no duty, and the Guarantor is not relying on the Lender
at any time, to disclose to the Guarantor any information relating to the
business, operations or financial condition of the Borrower.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">17.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">SETOFF.&#160; If and to the extent any payment is not made
when due hereunder, the Lender may setoff and charge from time to time any
amount so due against any or all of the Guarantor&#146;s accounts or deposits with
the Lender.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">18.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">OTHER
GUARANTEES.&#160; Unless otherwise agreed by
the Lender and the Guarantor in writing, this Guaranty is not intended to
supersede or otherwise affect any other guaranty now or hereafter given by the
Guarantor for the benefit of the Lender or any term or provision thereof.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">19.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">REPRESENTATIONS
AND WARRANTIES.&#160; The Guarantor
represents and warrants that (i)&nbsp;it is duly organized and in good standing
under the laws of the jurisdiction of its organization and has full capacity
and right to make and perform this Guaranty, and all necessary authority has
been obtained; (ii)&nbsp;this Guaranty constitutes its legal, valid and binding
obligation enforceable in accordance with its terms; (iii)&nbsp;the making and
performance of this Guaranty does not and will not violate the provisions of
any applicable law, regulation or order, and does not and will not result in
the breach of, or constitute a default or require any consent under, any
material agreement, instrument, or document to which it is a party or by which
it or any of its property may be bound or affected; (iv)&nbsp;all consents,
approvals, licenses and authorizations of, and filings and registrations with,
any governmental authority required under applicable law and regulations for
the making and performance of this Guaranty have been obtained or made and are
in full force and effect; (v)&nbsp;by virtue of its relationship with the
Borrower, the execution, delivery and performance of this Guaranty is for the
direct benefit of the Guarantor and it has received adequate consideration for
this Guaranty; and (vi)&nbsp;the financial information, that has been delivered
to the Lender by or on behalf of the Guarantor, is complete and correct in all
respects and accurately presents the financial condition and the operational
results of the Guarantor and since the date of the most recent financial
statements delivered to the Lender, there has been no material adverse change
in the financial condition or operational results of the Guarantor.</font></p>

<p align="left" style="color:black;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">&nbsp;</font></p>

<p align="left" style="color:black;font-size:10.0pt;margin:0in 0in .0001pt .75in;text-align:left;text-indent:-.25in;"><font size="2" color="black" face="Times New Roman" style="color:windowtext;font-size:10.0pt;">20.</font><font size="1" color="black" face="Times New Roman" style="color:windowtext;font-size:3.0pt;">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </font><font color="black" face="Times New Roman" style="color:windowtext;">WAIVER
OF JURY TRIAL; FINAL AGREEMENT.&#160; TO THE
EXTENT ALLOWED BY APPLICABLE LAW, THE GUARANTOR AND THE LENDER EACH WAIVE TRIAL
BY JURY WITH RESPECT TO ANY ACTION, CLAIM, SUIT OR PROCEEDING ON OR ARISING OUT
OF THIS GUARANTY.&#160; THIS GUARANTY
REPRESENTS THE FINAL AGREEMENT BETWEEN THE PARTIES AND MAY NOT BE CONTRADICTED
BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS BETWEEN
THE PARTIES.&#160; THERE ARE NO UNWRITTEN
ORAL AGREEMENTS BETWEEN THE PARTIES.</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">8</font></p>


<div style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">

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</font></div>

<font size="2" face="Times New Roman" style="font-size:10.0pt;">
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<p align="center" style="font-size:10.0pt;margin:0in 0in .0001pt;text-align:center;">&nbsp;</p>

<p style="margin:0in 0in .0001pt;text-indent:.5in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Executed this 8th day of July, 2003.</font></p>

<p style="margin:0in 0in .0001pt;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<table border="0" cellspacing="0" cellpadding="0" width="100%" style="border-collapse:collapse;width:100.0%;">
 <tr>
  <td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.02%;">
  <p style="font-size:1.0pt;margin:0in 0in .0001pt;text-indent:0in;">&nbsp;</p>
  </td>
  <td width="44%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:44.98%;">
  <p style="margin:0in 0in .0001pt;text-indent:0in;"><b><font size="2" face="Times New Roman" style="font-size:10.0pt;font-weight:bold;">Guarantor:</font></b></p>
  </td>
 </tr>
 <tr>
  <td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.02%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;">&nbsp;</p>
  </td>
  <td width="44%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:44.98%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;">&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.02%;">
  <p style="font-size:1.0pt;margin:0in 0in .0001pt;text-indent:0in;">&nbsp;</p>
  </td>
  <td width="44%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:44.98%;">
  <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">WASATCH PRODUCT DEVELOPMENT, INC.,<br>
  a Utah corporation</font></p>
  </td>
 </tr>
 <tr>
  <td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.02%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:0in;">&nbsp;</p>
  </td>
  <td width="44%" colspan="3" valign="top" style="padding:0in 0in 0in 0in;width:44.98%;">
  <p style="font-size:10.0pt;margin:0in 0in .0001pt;text-indent:0in;">&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.02%;">
  <p style="font-size:1.0pt;margin:0in 0in .0001pt;text-indent:0in;">&nbsp;</p>
  </td>
  <td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.3%;">
  <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">By</font></p>
  </td>
  <td width="34%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:34.78%;">
  <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">/s/ Gilbert A. Fuller</font></p>
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  <td width="6%" valign="top" style="padding:0in 0in 0in 0in;width:6.9%;">
  <p style="font-size:1.0pt;margin:0in 0in .0001pt;text-indent:0in;">&nbsp;</p>
  </td>
 </tr>
 <tr>
  <td width="55%" valign="top" style="padding:0in 0in 0in 0in;width:55.02%;">
  <p style="font-size:1.0pt;margin:0in 0in .0001pt;text-indent:0in;">&nbsp;</p>
  </td>
  <td width="3%" valign="top" style="padding:0in 0in 0in 0in;width:3.3%;">
  <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Its</font></p>
  </td>
  <td width="34%" valign="top" style="border:none;border-bottom:solid windowtext .5pt;padding:0in 0in 0in 0in;width:34.78%;">
  <p style="margin:0in 0in .0001pt;text-indent:0in;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">Treasurer</font></p>
  </td>
  <td width="6%" valign="top" style="padding:0in 0in 0in 0in;width:6.9%;">
  <p style="font-size:1.0pt;margin:0in 0in .0001pt;text-indent:0in;">&nbsp;</p>
  </td>
 </tr>
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<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">&nbsp;</font></p>

<p align="center" style="margin:0in 0in .0001pt;text-align:center;"><font size="2" face="Times New Roman" style="font-size:10.0pt;">9</font></p>


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