MDC PARTNERS INC
<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>ex10-1_0509.htm
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<p align="right"><FONT size=2 face="serif">EXECUTION COPY</FONT></p>
<p align="center"> <FONT size=2 face="serif">AMENDMENT NO. 4</FONT></p>
<p align="center"><BR>
</p>
<P>
<FONT size=2 face="serif">  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;AMENDMENT NO. 4 dated as of May 9, 2005 to the Credit Agreement referred to below, between MDC Partners Inc., a Canadian corporation (&#147;</FONT><U><FONT size=2 face="serif">MDC Partners</FONT></U><FONT size=2
face="serif">&#148;), Maxxcom Inc., an Ontario corporation (&#147;</FONT><U><FONT size=2 face="serif">Maxxcom Canada</FONT></U><FONT size=2 face="serif">&#148;), Maxxcom Inc., a Delaware corporation (&#147;</FONT><U><FONT size=2 face="serif">Maxxcom
U.S.</FONT></U><FONT size=2 face="serif">&#148; and together with MDC Partners and Maxxcom Canada, the &#147;</FONT><U><FONT size=2 face="serif">Borrowers</FONT></U><FONT size=2 face="serif">&#148;), each of the Lenders identified under the caption
&#147;LENDERS&#148; on the signature pages hereto and JPMorgan Chase Bank, N.A. (formerly known as JPMorgan Chase Bank), as U.S. administrative agent for the Lenders (in such capacity, the &#147;</FONT><U><FONT size=2 face="serif">U.S.
Administrative Agent</FONT></U><FONT size=2 face="serif">&#148;). </FONT></P>
<P>
<FONT size=2 face="serif">  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Borrowers, the Lenders party thereto (individually, a &#147;</FONT><U><FONT size=2 face="serif">Lender</FONT></U><FONT size=2 face="serif">&#148; and, collectively, the &#147;</FONT><U><FONT size=2
face="serif">Lenders</FONT></U><FONT size=2 face="serif">&#148;), the U.S. Administrative Agent, JPMCB, as Collateral Agent (in such capacity, the &#147;</FONT><U><FONT size=2 face="serif">Collateral Agent</FONT></U><FONT size=2
face="serif">&#148;), and JPMCB, Toronto Branch, as Canadian Administrative Agent (in such capacity, the &#147;</FONT><U><FONT size=2 face="serif">Canadian Administrative Agent</FONT></U><FONT size=2 face="serif">&#148; and together with the U.S.
Administrative Agent, the &#147;</FONT><U><FONT size=2 face="serif">Administrative</FONT></U><FONT size=2 face="serif"> </FONT><U><FONT size=2 face="serif">Agents</FONT></U><FONT size=2 face="serif">&#148;) are parties to a Credit Agreement dated as
of September 22, 2004 (as amended, the &#147;</FONT><U><FONT size=2 face="serif">Credit</FONT></U><FONT size=2 face="serif"> </FONT><U><FONT size=2 face="serif">Agreement</FONT></U><FONT size=2 face="serif">&#148;). The Borrowers and the Required
Lenders wish to amend the Credit Agreement in certain respects, and accordingly, the parties hereto hereby agree as follows: </FONT></P>
<P>
<FONT size=2 face="serif">  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 1. </FONT><U><FONT size=2 face="serif">Definitions</FONT></U><FONT size=2 face="serif">. Capitalized terms used in this Amendment No. 4 and not otherwise defined are used herein as defined in the Credit Agreement
(as amended hereby). </FONT></P>
<P>
<FONT size=2 face="serif">  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 2. </FONT><U><FONT size=2 face="serif">Amendments</FONT></U><FONT size=2 face="serif">. Effective as provided in Section 6 hereof, the Credit Agreement shall be amended as follows: </FONT></P>
<P>
<FONT size=2 face="serif">  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.01. References in the Credit Agreement (including references to the Credit Agreement as amended hereby) to &#147;this Agreement&#148; (and indirect references such as &#147;hereunder&#148;, &#147;hereby&#148;,
&#147;herein&#148; and &#147;hereof&#148;) shall be deemed to be references to the Credit Agreement as amended hereby. </FONT></P>
<P>
<FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.02. Section 8.01 of the Credit Agreement is hereby amended in its entirety to read as follows</FONT></P>
<P>
<FONT size=2 face="serif">  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#147;8.01 </FONT><U><FONT size=2 face="serif">Total Debt Ratio</FONT></U><FONT size=2 face="serif">. MDC Partners will not permit the Total Debt Ratio as of the last day of any Test Period ending on or, as applicable,
after the dates set forth below to exceed the ratio set forth opposite such Test Period: </FONT></P>
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<TR valign="bottom">
	<TD width=45% nowrap align=center>
<U><FONT size=2 face="serif">Test Period Ending</FONT></U>&nbsp;
	</TD>
	<TD width=55% nowrap align=center>
<U><FONT size=2 face="serif">Total Debt Ratio</FONT></U>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
  <TD nowrap align=center>&nbsp;</TD>
  <TD nowrap align=center>&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD width=45% nowrap align=center>
<FONT size=2 face="serif">December 31, 2004</FONT>&nbsp;
	</TD>
	<TD width=55% nowrap align=center>
<FONT size=2 face="serif">3.25 to 1.00</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=45% nowrap align=center>
<FONT size=2 face="serif">March 31, 2005</FONT>&nbsp;
	</TD>
	<TD width=55% nowrap align=center>
<FONT size=2 face="serif">3.50 to 1.00</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=45% nowrap align=center>
<FONT size=2 face="serif">June 30, 2005</FONT>&nbsp;
	</TD>
	<TD width=55% nowrap align=center>
<FONT size=2 face="serif">3.75 to 1.00</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=45% nowrap align=center>
<FONT size=2 face="serif">September 30, 2005</FONT>&nbsp;
	</TD>
	<TD width=55% nowrap align=center>
<FONT size=2 face="serif">2.90 to 1.00</FONT>&nbsp;
	</TD>
</TR>
<TR valign="bottom">
	<TD width=45% nowrap align=center>
<FONT size=2 face="serif">December 31, 2005 and thereafter</FONT>&nbsp;
	</TD>
	<TD width=55% nowrap align=center>
<FONT size=2 face="serif">2.50 to 1.00</FONT>&nbsp;
	</TD>
</TR>
</TABLE>
<BR>

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<p><A name="page_2"></A>
</p>
<p align="center"><FONT size=2 face="serif">2</FONT> <br>
&nbsp;</p>
<P><FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT size=2 face="serif">Section 3. </FONT><U><FONT size=2 face="serif">Waivers</FONT></U><FONT size=2 face="serif">. Subject to the satisfaction of the conditions precedent specified in Section 6 hereof, but with
effect on and after the date hereof, the Lenders hereby waive any Default that may have occurred and be continuing solely as a result of (a) the Borrowers&#146; failure to comply with the requirements of Section 8.01 of the Credit Agreement solely
with respect to the Test Period ending March 31, 2005, at any time on or after March 31, 2005, and (b) any breach of any representation or warranty made or deemed made by Borrowers during such period with respect to such compliance. </FONT></P>
<P>
<FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT size=2 face="serif">Section 4. </FONT><U><FONT size=2 face="serif">Representations and Warranties</FONT></U><FONT size=2 face="serif">. Each Borrower represents and warrants (as to itself and each of its
Subsidiaries) to the Agents and Lenders that (a) the representations and warranties set forth in Article V of the Credit Agreement and in each of the other Loan Documents are complete and correct on the date hereof as if made on and as of such date
and as if each reference in said Article V to &#147;this Agreement&#148; included reference to this Amendment No. 4 and (b) (after giving effect to the waivers under Section 3 hereof) no Default shall have occurred and be continuing. </FONT></P>
<P>
<FONT size=2 face="serif">  &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Section 5. </FONT><U><FONT size=2 face="serif">Confirmation of Security Documents</FONT></U><FONT size=2 face="serif">. Each of the Borrowers hereby confirms and ratifies all of its obligations under the Loan Documents to
which it is a party, including its obligations as a guarantor under Article III of the Credit Agreement as amended hereby. By its execution on the respective signature lines provided below, each of the Guarantors hereby confirms and ratifies all of
its obligations and the Liens granted by it under the Security Documents to which it is a party, represents and warrants that the representations and warranties set forth in such Security Documents are complete and correct on the date hereof as if
made on and as of such date and confirms that all references in such Security Documents to the &#147;Credit Agreement&#148; (or words of similar import) refer to the Credit Agreement as amended hereby without impairing any such obligations or Liens
in any respect. </FONT></P>
<P>
<FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT> <font size="2" face="serif">Section 6. <u>Conditions Precedent to Effectiveness</u>. The amendments set forth in Section 2 hereof and the waivers in Section 3 hereof shall become effective as of the date hereof, upon (a) receipt by the U.S. Administrative Agent of one or more counterparts of this Amendment No. 4 executed by the Obligors and the Required Lenders and (b) the payment of an amendment fee to the U.S. Administrative Agent for the account of each Lender that has approved this Amendment No. 4, such amendment fee to be in an amount equal to 0.25% of the Commitment of such Lender. </font></P>
<P>
<FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT size=2 face="serif">Section 7. </FONT><U><FONT size=2 face="serif">Miscellaneous</FONT></U><FONT size=2 face="serif">. Except as herein provided, the Credit Agreement shall remain unchanged and in full force and
effect. This Amendment No. 4 may be executed in any number of counterparts, all of which taken together shall constitute one and the same agreement and any of the parties hereto may execute this Amendment No. 4 by signing any such counterpart. This
Amendment No. 4 shall be governed by, and construed in accordance with, the law of the State of New York. </FONT></P>

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<p><A name="page_3"></A>
</p>
<p align="center"><FONT size=2 face="serif">3<br>
&nbsp;</FONT></p>
<P>
  <FONT size=2 face="serif">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><FONT size=2 face="serif"></FONT><FONT size=2 face="serif">IN WITNESS WHEREOF, the parties hereto have caused this Amendment No. 4 to be duly executed and delivered as of the day and year first above written. </FONT></P>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=1>
<TR valign="bottom">
	<TD width=48% nowrap align=left>&nbsp;</TD>
    <TD colspan=2 align=left nowrap> <FONT size=2 face="serif">MDC PARTNERS INC.</FONT>&nbsp; </TD>
  </TR>
<TR>
	<TD>&nbsp;

	</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
	<TD>&nbsp;

	</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2% nowrap align=right> <div align="right"><FONT size=2 face="serif">By:<BR>
    </FONT></div></TD>
    <TD width=50% nowrap align=right><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=50% nowrap align=left> <FONT size=2 face="serif">Name:</FONT>&nbsp; </TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=50% nowrap align=left>
<FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp; Authorized Signatory</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=3>&nbsp;

	</TD>
</TR>
<TR>
	<TD colspan=3>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2% nowrap align=right><FONT size=2 face="serif">By:</FONT></TD>
    <TD width=50% nowrap align=right><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;
	</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=50% nowrap align=left> <FONT size=2 face="serif">Name:</FONT>&nbsp; </TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=50% nowrap align=left>
<FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp; Authorized Signatory</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD colspan=3>&nbsp;

	</TD>
</TR>
<TR>
	<TD colspan=3>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
    <TD colspan=2 align=right nowrap> <div align="left"><FONT size=2 face="serif">MAXXCOM INC., an Ontario corporation</FONT>&nbsp; </div></TD>
  </TR>
<TR>
	<TD>&nbsp;

	</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
	<TD>&nbsp;

	</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2% nowrap align=right> <FONT size=2 face="serif">By:</FONT></TD>
    <TD width=50% nowrap align=right><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=50% nowrap align=left> <FONT size=2 face="serif">Name:</FONT>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=50% nowrap align=left>
<FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp; Authorized Signatory</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>&nbsp;

	</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
	<TD>&nbsp;

	</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2% nowrap align=right><FONT size=2 face="serif">By:</FONT></TD>
    <TD width=50% nowrap align=right><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=50% nowrap align=left> <FONT size=2 face="serif">Name:</FONT>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=50% nowrap align=left>
<FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp; Authorized Signatory</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
	<TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
    <TD colspan=2 align=right nowrap> <div align="left"><FONT size=2 face="serif">MAXXCOM INC., a Delaware corporation</FONT>&nbsp; </div></TD>
  </TR>
<TR>
	<TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
	<TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2% nowrap align=right><FONT size=2 face="serif">By:</FONT></TD>
    <TD width=50% nowrap align=right><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=50% nowrap align=left> <FONT size=2 face="serif">Name:</FONT>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=50% nowrap align=left>
<FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp; Authorized Signatory</FONT>&nbsp;
	</TD>
</TR>
<TR>
	<TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR>
	<TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2% nowrap align=right><FONT size=2 face="serif">By:</FONT></TD>
    <TD width=50% nowrap align=right><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=50% nowrap align=left> <FONT size=2 face="serif">Name:</FONT>&nbsp;

	</TD>
</TR>
<TR valign="bottom">
	<TD width=48% nowrap align=right>&nbsp;</TD>
	<TD width=2%>&nbsp;
	</TD>
	<TD width=50% nowrap align=left>
<FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp; Authorized Signatory</FONT>&nbsp;
	</TD>
</TR>
</TABLE>
<BR>

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<p><A name="page_4"></A>
</p>
<p align="center"><FONT size=2 face="serif">4</FONT> <br>
&nbsp;</p>
<table width="100%"  border="0" cellspacing="0">
  <tr>
    <td width="48%">&nbsp;</td>
    <td width="52%"> <U><FONT face="serif">Agreed as set forth in Section 6 above</FONT></U><FONT face="serif">:</FONT><br>
      <BR>
      <U><FONT size=2 face="serif">GUARANTORS</FONT></U></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td><FONT size=2 face="serif">Signed sealed and delivered by the attorney of </FONT><B><FONT size=2 face="serif"><br>
    Placard Pty Ltd</FONT></B><FONT size=2 face="serif"> ACN 074 646 343 under power of <br>
    attorney and who has received no notice of the <br>
    revocation of the power, in the presence of: </FONT></td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . </td>
    <td>. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . </td>
  </tr>
  <tr>
    <td> <FONT size=2 face="serif">Signature of witness</FONT>&nbsp; </td>
    <td> <FONT size=2 face="serif">Signature of attorney</FONT>&nbsp; </td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td> <FONT size=2 face="serif">Name of witness: Ray Forzley</FONT>&nbsp; </td>
    <td> <FONT size=2 face="serif">Name of attorney: Walter Campbell</FONT>&nbsp; </td>
  </tr>
</table>
<p align="center">&nbsp;</p>
<P><BR>
</P>
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<p><A name="page_5"></A>
</p>
<p align="center"><FONT size=2 face="serif">5</FONT> <br>
&nbsp;</p>
<table width="100%"  border="0" cellspacing="0">
  <tr>
    <td width="46%">&nbsp;</td>
    <td colspan="2" valign="top"><P><FONT size=2 face="serif">1208075 ONTARIO LIMITED <br>
      1220777 ONTARIO LIMITED <br>
      1385544 ONTARIO LIMITED <br>
      2026646 ONTARIO LIMITED <br>
      656712 ONTARIO LIMITED<br>
    </FONT><FONT size=2 face="serif">AMBROSE CARR LINTON CARROLL INC. <br>
    ASHTON POTTER CANADA INC. <br>
    </FONT><FONT size=2 face="serif">ASHTON-POTTER CANADA LTD. <br>
    BRUCE MAU DESIGN INC. <br>
    BRUCE MAU HOLDINGS LTD. <br>
    </FONT><FONT size=2 face="serif">CAMPBELL + PARTNERS COMMUNICATIONS LTD. <br>
    </FONT><FONT size=2 face="serif">COMPUTER COMPOSITION OF CANADA INC. HENDERSON BAS <br>
    </FONT><FONT size=2 face="serif">MAXXCOM (NOVA SCOTIA) CORP. <br>
    MAXXCOM INTERACTIVE INC. <br>
    METACA CORPORATION <br>
    </FONT><FONT size=2 face="serif">STUDIOTYPE INC. TREE CITY INC. </FONT></P>    </td>
  </tr>
  <tr>
    <td height="37">&nbsp;</td>
    <td colspan="2" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td width="3%" valign="top"><FONT size=2 face="serif">By: </FONT></td>
    <td width="51%" valign="top"><FONT size=2 face="serif">________________________________</FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td valign="top">&nbsp;</td>
    <td valign="top"><FONT size=2 face="serif">Name: <br>
  Title: Authorized Signatory </FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td valign="top">&nbsp;</td>
    <td valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td width="3%" valign="top"><FONT size=2 face="serif">By: </FONT></td>
    <td width="51%" valign="top"><FONT size=2 face="serif">________________________________</FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td valign="top">&nbsp;</td>
    <td valign="top"><FONT size=2 face="serif">Name: <br>
  Title: Authorized Signatory </FONT></td>
  </tr>
</table>
<p align="center">&nbsp;</p>
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<p><A name="page_6"></A>
</p>
<p align="center"><FONT size=2 face="serif">6</FONT> <br>
&nbsp;</p>
<table width="100%"  border="0" cellspacing="0">
  <tr>
    <td width="46%">&nbsp;</td>
    <td colspan="2" valign="top"><P><FONT size=2 face="serif">ACCENT ACQUISITION CO. <br>
      ACCENT INTERNATIONAL, INC. <br>
      ACCENT MARKETING SERVICES, L.L.C. <br>
      ASHTON-POTTER (USA) LTD. <br>
    </FONT><FONT size=2 face="serif">BRATSKEIR &amp; COMPANY, INC. <br>
    CHINNICI DIRECT, INC.<br>
    CMS U.S. HOLDCO, INC. <br>
    COLLE &amp; MCVOY, INC. <br>
    CPB ACQUISITION INC. <br>
    CRISPIN PORTER &amp; BOGUSKY LLC <br>
    DOTGLU LLC <br>
    </FONT><FONT size=2 face="serif">FLETCHER MARTIN LLC <br>
    FMA ACQUISITION CO. <br>
    HELLO ACQUISITION INC. <br>
    KBP HOLDINGS LLC <br>
    </FONT><FONT size=2 face="serif">KIRSHENBAUM BOND &amp; PARTNERS LLC <br>
    KIRSHENBAUM BOND &amp; PARTNERS WEST LLC <br>
    LAFAYETTE PRODUCTIONS LLC <br>
    </FONT><FONT size=2 face="serif">MACKENZIE MARKETING, INC. <br>
    </FONT><FONT size=2 face="serif">MARGEOTES/FERTITTA + PARTNERS LLC<br>
    </FONT><FONT size=2 face="serif">MAXXCOM (USA) FINANCE COMPANY <br>
    MAXXCOM (USA) HOLDINGS INC. <br>
    MDC USA HOLDINGS INC. <br>
    </FONT><FONT size=2 face="serif">MDC/KBP ACQUISITION INC<br>
     MF+P ACQUISITION CO. <br>
     MONO ADVERTISING, LLC <br>
     PRO-IMAGE CORPORATION <br>
    </FONT><FONT size=2 face="serif">SABLE ADVERTISING SYSTEMS, INC. <br>
    SMI ACQUISITION CO. <br>
    </FONT><FONT size=2 face="serif">SOURCE MARKETING LLC <br>
    TARGETCOM LLC <br>
    </FONT><FONT size=2 face="serif">VITROROBERTSON LLC <br>
    ZG ACQUISITION INC. <br>
    ZYMAN GROUP, LLC </FONT></P>
    </td>
  </tr>
  <tr>
    <td height="37">&nbsp;</td>
    <td colspan="2" valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td width="3%" valign="top"><FONT size=2 face="serif">By: </FONT></td>
    <td width="51%" valign="top"><FONT size=2 face="serif">________________________________</FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td valign="top">&nbsp;</td>
    <td valign="top"><FONT size=2 face="serif">Name: <br>
      Title: Authorized Signatory </FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td valign="top">&nbsp;</td>
    <td valign="top">&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td width="3%" valign="top"><FONT size=2 face="serif">By: </FONT></td>
    <td width="51%" valign="top"><FONT size=2 face="serif">________________________________</FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td valign="top">&nbsp;</td>
    <td valign="top"><FONT size=2 face="serif">Name: <br>
      Title: Authorized Signatory </FONT></td>
  </tr>
</table>
<p>&nbsp;</p>
<HR noshade align="center" width="100%" size=2>


<p><A name="page_7"></A>
</p>
<p align="center"><FONT size=2 face="serif">7</FONT> <br>
&nbsp;</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=1>
  <TR valign="bottom">
    <TD width=48% nowrap align=left>&nbsp;</TD>
    <TD colspan=2 align=left nowrap> <U><FONT size=2 face="serif">LENDERS</FONT></U></TD>
  </TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD colspan="2"> <FONT size=2 face="serif">JPMORGAN CHASE BANK, N.A.</FONT></TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2% nowrap align=right>
      <div align="right"><FONT size=2 face="serif">By:<BR>
    </FONT></div></TD>
    <TD width=50% nowrap align=right><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2%>&nbsp; </TD>
    <TD width=50% nowrap align=left> <FONT size=2 face="serif">Name:</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2%>&nbsp; </TD>
    <TD width=50% nowrap align=left> <FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp; </FONT></TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD colspan=2 align=right nowrap>
      <div align="left"> <FONT size=2 face="serif">JPMORGAN CHASE BANK, TORONTO BRANCH </FONT></div></TD>
  </TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2% nowrap align=right> <FONT size=2 face="serif">By:</FONT></TD>
    <TD width=50% nowrap align=right><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2%>&nbsp; </TD>
    <TD width=50% nowrap align=left> <FONT size=2 face="serif">Name:</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2%>&nbsp; </TD>
    <TD width=50% nowrap align=left> <FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp; </FONT></TD>
  </TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD colspan=2 align=right nowrap>
      <div align="left"> <FONT size=2 face="serif">BANK OF MONTREAL (CHICAGO BRANCH)</FONT></div></TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2% nowrap align=right><FONT size=2 face="serif">By:</FONT></TD>
    <TD width=50% nowrap align=right><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2%>&nbsp; </TD>
    <TD width=50% nowrap align=left> <FONT size=2 face="serif">Name:</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2%>&nbsp; </TD>
    <TD width=50% nowrap align=left> <FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp;</FONT>&nbsp; </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD colspan="2"> <FONT size=2 face="serif">BANK OF MONTREAL</FONT></TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=2% align=right valign="bottom" nowrap><FONT size=2 face="serif">By:</FONT></TD>
    <TD width=50% align=right valign="bottom" nowrap><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=2% valign="bottom">&nbsp; </TD>
    <TD width=50% align=left valign="bottom" nowrap> <FONT size=2 face="serif">Name:</FONT>&nbsp; </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=2% valign="bottom">&nbsp; </TD>
    <TD width=50% align=left valign="bottom" nowrap> <FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp;</FONT>&nbsp; </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=left valign="bottom" nowrap>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=left valign="bottom" nowrap>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD colspan="2" valign="bottom"> <FONT size=2 face="serif">THE BANK OF NOVA SCOTIA, by its Atlanta Agency</FONT></TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=left valign="bottom" nowrap>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD valign="bottom">&nbsp;</TD>
    <TD align=left valign="bottom" nowrap>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=2% align=right valign="bottom" nowrap><FONT size=2 face="serif">By:</FONT></TD>
    <TD width=50% align=right valign="bottom" nowrap><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=2% valign="bottom">&nbsp; </TD>
    <TD width=50% align=left valign="bottom" nowrap> <FONT size=2 face="serif">Name:</FONT>&nbsp; </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=2% valign="bottom">&nbsp; </TD>
    <TD width=50% align=left valign="bottom" nowrap> <FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp;</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<p align="center">&nbsp;</p>
<HR noshade align="center" width="100%" size=2>


<p><A name="page_8"></A>
</p>
<p align="center"><FONT size=2 face="serif">8</FONT> <br>
&nbsp;</p>
<TABLE width="100%" border=0 cellpadding=0 cellspacing=1>
  <TR>
    <TD>&nbsp;</TD>
    <TD colspan="2">      <FONT size=2 face="serif">THE BANK OF NOVA SCOTIA</FONT></TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2% align=right nowrap>
      <div align="right"><FONT size=2 face="serif">By:<BR>
    </FONT></div></TD>
    <TD width=50% align=right nowrap><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2%>&nbsp; </TD>
    <TD width=50% align=left nowrap> <FONT size=2 face="serif">Name:</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD nowrap align=right>&nbsp;</TD>
    <TD width=2%>&nbsp; </TD>
    <TD width=50% align=left nowrap> <FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp; </FONT></TD>
  </TR>
  <TR valign="bottom">
    <TD nowrap align=right>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD nowrap align=right>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD nowrap align=left>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD nowrap align=right>&nbsp;</TD>
    <TD width=2% align=right nowrap>
      <div align="right"><FONT size=2 face="serif">By:<BR>
    </FONT></div></TD>
    <TD width=50% align=right nowrap><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
  </TR>
  <TR valign="bottom">
    <TD nowrap align=right>&nbsp;</TD>
    <TD width=2%>&nbsp; </TD>
    <TD width=50% align=left nowrap> <FONT size=2 face="serif">Name:</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD nowrap align=right>&nbsp;</TD>
    <TD width=2%>&nbsp; </TD>
    <TD width=50% align=left nowrap> <FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp; </FONT></TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp; </TD>
  </TR>
  <TR>
    <TD colspan=3>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD colspan=2 align=right nowrap>
      <div align="left">        <FONT size=2 face="serif">TORONTO DOMINION (TEXAS) INC.</FONT></div></TD>
  </TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2% nowrap align=right> <FONT size=2 face="serif">By:</FONT></TD>
    <TD width=50% nowrap align=right><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2%>&nbsp; </TD>
    <TD width=50% nowrap align=left> <FONT size=2 face="serif">Name:</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2%>&nbsp; </TD>
    <TD width=50% nowrap align=left> <FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp; </FONT></TD>
  </TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD colspan=2 align=right nowrap>
      <div align="left">        <FONT size=2 face="serif">THE TORONTO-DOMINION BANK</FONT></div></TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2% nowrap align=right><FONT size=2 face="serif">By:</FONT></TD>
    <TD width=50% nowrap align=right><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2%>&nbsp; </TD>
    <TD width=50% nowrap align=left> <FONT size=2 face="serif">Name:</FONT>&nbsp; </TD>
  </TR>
  <TR valign="bottom">
    <TD width=48% nowrap align=right>&nbsp;</TD>
    <TD width=2%>&nbsp; </TD>
    <TD width=50% nowrap align=left> <FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp;</FONT>&nbsp; </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD colspan="2">      <FONT size=2 face="serif">CIBC INC.</FONT></TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=2% align=right valign="bottom" nowrap><FONT size=2 face="serif">By:</FONT></TD>
    <TD width=50% align=right valign="bottom" nowrap><div align="left"><FONT size=2 face="serif">________________________________</FONT></div></TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=2% valign="bottom">&nbsp; </TD>
    <TD width=50% align=left valign="bottom" nowrap> <FONT size=2 face="serif">Name:</FONT>&nbsp; </TD>
  </TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD width=2% valign="bottom">&nbsp; </TD>
    <TD width=50% align=left valign="bottom" nowrap> <FONT size=2 face="serif"> <FONT size=2 face="serif">Title:</FONT>&nbsp;</FONT>&nbsp; </TD>
  </TR>
</TABLE>
<p align="center">&nbsp;</p>
<HR noshade align="center" width="100%" size=2>


<p><A name="page_9"></A>
</p>
<p align="center"><FONT size=2 face="serif">9<br>
&nbsp;</FONT> </p>
<table width="100%" border=0 cellpadding=0 cellspacing=1>
  <tr>
    <td>&nbsp;</td>
    <td colspan="2">      <FONT size=2 face="serif">CANADIAN IMPERIAL BANK OF COMMERCE</FONT></td>
  </tr>
  <tr>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr>
    <td>&nbsp; </td>
    <td>&nbsp;</td>
    <td>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td width=48% nowrap align=right>&nbsp;</td>
    <td width=2% align=right nowrap>
      <div align="right"><font size=2 face="serif">By:<br>
    </font></div></td>
    <td width=50% align=right nowrap><div align="left"><font size=2 face="serif">________________________________</font></div></td>
  </tr>
  <tr valign="bottom">
    <td width=48% nowrap align=right>&nbsp;</td>
    <td width=2%>&nbsp; </td>
    <td width=50% align=left nowrap> <font size=2 face="serif">Name:</font>&nbsp; </td>
  </tr>
  <tr valign="bottom">
    <td nowrap align=right>&nbsp;</td>
    <td width=2%>&nbsp; </td>
    <td width=50% align=left nowrap> <font size=2 face="serif"> <font size=2 face="serif">Title:</font>&nbsp; </font></td>
  </tr>
  <tr valign="bottom">
    <td nowrap align=right>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap align=left>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap align=right>&nbsp;</td>
    <td>&nbsp;</td>
    <td nowrap align=left>&nbsp;</td>
  </tr>
  <tr valign="bottom">
    <td nowrap align=right>&nbsp;</td>
    <td width=2% align=right nowrap>
      <div align="right"><font size=2 face="serif">By:<br>
    </font></div></td>
    <td width=50% align=right nowrap><div align="left"><font size=2 face="serif">________________________________</font></div></td>
  </tr>
  <tr valign="bottom">
    <td nowrap align=right>&nbsp;</td>
    <td width=2%>&nbsp; </td>
    <td width=50% align=left nowrap> <font size=2 face="serif">Name:</font>&nbsp; </td>
  </tr>
  <tr valign="bottom">
    <td nowrap align=right>&nbsp;</td>
    <td width=2%>&nbsp; </td>
    <td width=50% align=left nowrap> <font size=2 face="serif"> <font size=2 face="serif">Title:</font>&nbsp; </font></td>
  </tr>
</table>
<p>&nbsp;</p>
<P>&nbsp;</P>
<HR noshade align="center" width="100%" size=2>

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