Filed by Automated Filing Services Inc. (604) 609-0244 - Bark Group Inc. - Exhibit 10.7







	Translation *
      Page 1 of 5 



	Suretyship – business 	Danske   	Bank 	1 of 3 


Borrower’s copy 

EXHIBIT 10.7

	  	  	Reference: 0029935106 
	  	  	  
	  	  	  
	  	  	  
	Creditor 	Danske Bank A/S 	  
	 	 	 
	Guarantor 	K2advertising A/S 	Customer number: 0029937966 
	  	Trommesalen 5, 4. 	  
	  	1614 Copenhagen 	  
	  	Denmark 	  
	  	  	  
	  	in its capacity as guarantor with primary liability
      hereby guarantees the fulfilment of any obligation that 
	  	 	  
	  	  	  
	 	 	 
	Debtor 	K2mediagroup A/S 	Customer number: 0029935106 
	  	Trommesalen 5, 4. 	  
	  	1614 Copenhagen V 	  
	  	Denmark 	  
	  	  	  
	  	may have towards Danske Bank A/S under the facilities
      mentioned below. 
	  	  	  
	 	 	 
	Establishment costs 	Establishment costs 	  
	  	  	  
	  	  	  
	  	  	  
	Facilities secured by 	DKK 9,000,000.00 Business credit no. XXXXX
	the guarantee 	  	  








	Translation *
      Page 2 of 5 


2 of 3 

	Terms of the guarantee 	  
	  	  
	Guarantee 	
      This guarantee is a suretyship. This means that the bank
      may demand that the guarantee commitment be fulfilled as soon as the
      debtor defaults on one or several of the facilities comprised by the
      guarantee. 

	  	
       

	Claims covered by the 
guarantee 	
      The guarantor is liable for any amount that the bank may
      claim from the debtor under the facilities comprised by the guarantee.
      This includes: 




	 	•	
      the debtor’s obligation to pay the amount due, interest
      and other costs, including overdraft interest, default interest, fees etc.
      

	 	•	
      costs incidental to the hedging of any pledge covering
      the commitment comprised by the guarantee 

	 	•	
      actual costs incurred in the event that the debt is to be
      collected from the debtor, including court fees, legal assistance etc.
    

	 	•	
      the countervalue of loans raised in foreign currencies in
      the event of any conversion into Danish kroner and the amount’s carrying
      of a floating rate of interest fixed by the bank 

	 	•	
      premium if a fixed-interest loan is repaid ahead of time.
      This also applies if the debtor defaults on the loan.





		
      If the debtor defaults on the guarantee commitment, the
      guarantor becomes liable for the costs and expenses incurred by the bank
      as a result of the default. This also applies to any reminder letters sent
      by the bank. 

	  	
       

		
      If the debtor pays an amount without stating which
      facility the payment concerns, the bank may choose which facility the
      amount should be debited. The bank may also choose facilities that are not
      comprised by the guarantee. 

	  	
       

	Term of the guarantee 	
      The guarantee commitment applies until the facilities
      comprised by the guarantee have been redeemed or cancelled unless
      otherwise agreed. 

	  	
       

	The guarantor’s 
release of his 	
      If the debtor repays his debt to the bank, the guarantor
      is released from his guarantee commitment provided that





	guarantee 
commitment 	•	
      the debtor’s payment to the bank is not later annulled by
      any estate of the debtor 

		•	
      any security provided to the bank, or the proceeds of
      such securities are not later annulled by any estate of the debtor.
  




	Respite granted to the 	
      The bank may grant the debtor a respite without the
      consent of the guarantee. 

	debtor 	
       

	  	
       

	Other security and 
recourse 	
      If several people have provided security – either as
      guarantors or third-party pledgors (pledge by a person other than the
      debtor) – they are all jointly and severally liable to the bank unless
      otherwise agreed with the bank in writing. 

	  	
       

		
      The guarantor accepts that the bank can use the
      security or proceeds of the security provided by the debtor and/or
      a third party until the bank has received all the amounts owed to
      it by the debtor. This applies even if the security has been
      provided for the balance comprised by the guarantee or for any
      other balances of the debtor. The guarantor therefore ranks second
      to the bank as regards any claim for entering into any security
      furnished at the time of the fulfilment of the guarantee commitment
      (the guarantor’s right of entry). 

	  	
       

		
      If a pledge has been given for a facility comprised by a
      guarantee, the bank may make the proceeds of the assets pledged available
      to the pledgor – even without the consent of the guarantor and/or the
      co-pledgor. 








	Translation *
      Page 3 of 5 



		
      Any distribution (recourse) among guarantors and/or
      pledgors is of no concern to the bank. 

	  	
       

	Additional 
loans/credits granted
      
to the debtor 	
      The bank may grant new loans, credits etc. and increase
      the facilities comprised by the guarantee without the guarantor’s consent.
      The guarantor is only liable for debt increases if accepted by the
      guarantor. 








	Translation *
      Page 4 of 5 


3 of 3 

	Electronic messages 	
      The bank may send all information to the guarantor
      electronically, even if words such as “in writing”, “letter”, “bank
      statement” etc. are used in the bank’s documents, rules etc. Of course,
      this can only be done to the extent that it is possible under current law,
      or if the bank has entered into an agreement with the guarantor.


	  	
       

	Registration of the 
guarantor’s 	
      The guarantor authorises the bank to register the
      guarantor’s commitments under his or her CVR no./civil registration no.
      

	CVR no./civil reg. no. 	
       

	  	
       

	Special provisions 	
       

	  	
       

	Messages to the 
guarantor 	
      Under Section 47 of the Danish Financial Business Act
      (Lov om finansiel virksomhed), the bank may send messages to
      K2advertising A/S on behalf of all the guarantors. 

	  	
       

	Documents for the 	
      The guarantor hereby acknowledges receipt of
  



	guarantor 	•	
      a copy of the guarantee document 

		 •
	
      a copy of the debt certificate/credit contract or any
      other document for which the guarantee has been provided.
  




	  	 	  	 	         Witness
    
	  	 	  	 	  
	23.05.07 	 	/s/ Bent Helvang 	/s/ Jesper Svane	 	  
	  	 	Binding signature 	 	  
	Date 	 	K2advertising A/S 	 	  
	 	 	  	 	 
	  	 	 	 	  
	  	 	  	 	  
	  	 	Binding signature 	 	 
	Date 	 	  	 	  
	  	 	  	 	  
	 	 	  	 	  
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 








	Translation *
      Page 5 of 5 


THIS IS TO CERTIFY 

 

that the foregoing 

“Suretyship” 

is a true and faithful translation of the attached copy 
in
the Danish language produced to me. 

 

 

 

This translation consists of five (5) pages. 

In witness whereof I have hereonto set 
my hand and affixed
my seal of office 
this 7th day of December 2007. 

 

 

 

Malene Popov 
Sworn Translator and Interpreter of the English
language 
Aarhus, Denmark