Exhibit 10.3

serp1.jpg [serp1.jpg]

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Exhibit 10.3

serp2.jpg [serp2.jpg]

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Exhibit 10.3

serp3.jpg [serp3.jpg]

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Exhibit 10.3

serp4.jpg [serp4.jpg]

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Exhibit 10.3

serp5.jpg [serp5.jpg]

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Exhibit 10.3

serp6.jpg [serp6.jpg]

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Exhibit 10.3

serp7.jpg [serp7.jpg]

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Exhibit 10.3

serp8.jpg [serp8.jpg]

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Exhibit 10.3

serp9.jpg [serp9.jpg]

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Exhibit 10.3

serp10.jpg [serp10.jpg]

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Exhibit 10.3

serp11.jpg [serp11.jpg]

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Exhibit 10.3

serp12.jpg [serp12.jpg]

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Exhibit 10.3

serp13.jpg [serp13.jpg]

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Exhibit 10.3

serp14.jpg [serp14.jpg]

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Exhibit 10.3

serp15.jpg [serp15.jpg]

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Exhibit 10.3

serp16.jpg [serp16.jpg]

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Exhibit 10.3

serp17.jpg [serp17.jpg]

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Exhibit 10.3

serp18.jpg [serp18.jpg]

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Exhibit 10.3

serp19.jpg [serp19.jpg]

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Exhibit 10.3

serp20.jpg [serp20.jpg]

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Exhibit 10.3

serp21.jpg [serp21.jpg]

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Exhibit 10.3

serp22.jpg [serp22.jpg]

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Exhibit 10.3

serp23.jpg [serp23.jpg]