Filed by Automated Filing Services Inc. (604) 609-0244 - Bark Group Inc. - Exhibit 10.6







	Translation *
      Page 1 of 8 




	Danske 	Bank
    




	CREDIT FACILITY CONTRACT 	EXHIBIT 10.6
	floating interest – business 	  



	Borrower’s copy 
	 	  
	 	Page 1 of 11 
	 	  
	 	Credit facility type: 
	 	Business credit 
	 	Account: XXXXX 




	Lender 	Danske
      Bank A/S 	 
    
	  	  	  
	Borrower 	K2mediagroup A/S 	Customer number: 
	  	Trommesalen 5 	0029935106 
	  	1614 Copenhagen V 	  
	  	Denmark 	  
	  	  	  
	  	If there is more than one borrower,
      the terms and conditions of the contract shall apply to each borrower.
  
	  	



	Credit line 	Credit line 	DKK 	9,000,000.00 



	Establishment costs 	Establishment costs 	  	  
	  	       Commitment fee 	DKK 	  
	  	       Loan transaction fee
    	DKK 	  
	  	       Registration fee 	DKK 	  
	  	  	DKK 	  
	  	  	DKK 	  
	  	  	  	  
	  	Total establishment costs to be debited to the
      accountDKK 	 	0.00 
	 	 	 	 



	Contents of the credit 	This credit facility contract
      consists of: 
	facility contract 	•	Part 1 Individual terms and conditions 
	  	•	Part 2 The bank’s General Terms and Conditions
      of Business. 
	 	 	 



	Part 1
      Individual terms and conditions 



	Repayment and 

      duration of the credit 	 [           ]
        The credit facility shall be subject to renegotiation every year when
        the financial statements/annual statement from the Danish tax authorities
        are/is available. 

	  	 	  
	  	[           ]
      The credit maximum will be reduced by DKK 	on the last business day of 
	  	every month, for the first time on 	  
	  	 	  
	  	[           ]
      The credit shall be valid until further notice. 	  
	 	 	 
	 	[X] The credit shall be repaid in full on 18 May 2009.	 
	 	 	 
	 	The debt shall not exceed the current line of credit. 	 








	Translation *
      Page 2 of 8 


 


 

	 	Page 2 of 11 
	 	Account: XXXXX 
	 	 



	Interest, commission 	Lending rate of interest
    
	and fee 	
      On the amounts drawn on the credit, the borrower shall
      pay a floating interest rate which shall correspond to Danske BOR for DKK
      with a variable supplement fixed by the bank, currently 1.5000 percentage
      points. 

	  	
       

		
      On 22 May 2007, Danske BOR for DKK is 4.0000 per cent
      p.a. Danske BOR is variable and fixed by the bank every business day with
      effect from that same day. 

	  	
       

	  	
      This results in an interest rate of currently 5.5000 per
      cent p.a. 

	  	
       

	  	
      Overdraft interest 

		
      The borrower shall pay a separate interest rate
      (authorised overdraft interest) on any authorised overdraft. Authorised
      overdraft interest shall be calculated on the utilised part of the
      authorised overdraft. 

	  	
       

		
      If the credit line is overdrawn without prior agreement
      with the bank, or if the utilisation of the credit facility contravenes
      any agreements entered into, the borrower shall pay separate overdraft
      interest on such overdraft. 

	  	
       

		
      Overdraft interest shall be payable from the first day
      that the credit facility is overdrawn. 

	  	
       

	  	
      Deposit rate of interest 

		
      The bank shall pay a floating interest rate on any
      account balance. The current rate of interest is 0 per cent p.a.


	  	
       

	  	
      Fee 

		
      The bank shall be entitled to charge a fee in connection
      with the ongoing administration of the credit facility. 

	  	
       

	  	
      Addition of interest and commission 

		
      Lending and deposit interest as well as commission shall
      be added to the credit facility four times a year by the bank. Interest
      and commission shall be calculated in arrears on 31 March, 30 June, 30
      September and 31 December and added on the last business day of the
      above-mentioned months. The first addition of interest shall take place at
      the end of this quarter. 

	  	
       

		
      The bank shall only add interest in March, June and
      September if the lending rate of interest – after offsetting the deposit
      interest – is higher than or equal to the minimum amount specified in the
      bank’s brochure on the calculation of interest etc. Interest, which is
      therefore not added, shall be carried forward by the bank and added in the
      following quarter, however, not later than on the last business day in
      December. 

	  	
       

	  	
      Changes 

	  	
      The interest rate shall be changed in accordance with any
      changes to Danske 








	Translation *
      Page 3 of 8 


Page 3 of 11 

Account: XXXXX 

 

BOR. 

The bank may change the floating
interest rate supplement/deduction in accordance with its General Terms and
Conditions of Business, part 2. 

The bank may change the deposit
interest, the variable commission rates and fees in accordance with its General
Terms and Conditions of Business, part 2. 

Bank statement 

Unless otherwise agreed, the bank
shall send a bank statement after each addition of interest to the account. If
desired, the bank may send several bank statements against payment. 





	Translation *
      Page 4 of 8 


Page 4 of 11 

Account: XXXXX 

	 	 
	Duty to disclose 
information to the 	
      In the event of a change of address, the borrower shall
      inform the bank of such change of address. 

	bank 	
      

		
      The borrower shall be under an obligation to inform the
      bank of its financial affairs if requested to do so by the bank. This
      shall apply even if the bank has requested no such information when the
      loan was granted. 

	  	
      

		
      As such, the bank shall be entitled to demand disclosure
      of all accounting, budgetary and auditing information, including any
      long-form audit reports, which the bank may deem necessary in order to
      shed light on the borrower’s financial affairs. For companies, such
      information could be an audited annual report with specifications as well
      as budgets, and for other business borrowers, including owner-managed
      businesses, financial statements with a statement of income and assets.
      

	  	
      

		
      Furthermore, the bank may demand information about the
      owner’s/principal shareholder’s personal finances, such as income tax
      returns, annual statements from the Danish tax authorities and budgets.
      

	  	
      

	Information to third- party
      mortgagor/guarantor 	
      The bank may inform any third-party mortgagors/guarantors
      of the balance of the facilities secured by a mortgage or a guarantee.
    

	 	
       

	  	
      

	Insurance premium 
on pledged assets 	
      If the bank has a pledge on a car, boat and other
      chattels or real property and the pledged asset includes loss insurance
      and/or fire insurance, the borrower shall pay the premium fixed by the
      insurance company from time to time. 

	  	
      

		
      If security has been furnished by a third party, the
      borrower shall pay the insurance premium if it is not paid by such third
      party. 

	  	
      

	  	
      

	Calling-in 	
      The borrower may terminate the credit facility contract
      and repay the outstanding debt, in full or in part, to the bank at any
      time. 

	  	
      

		
      Notwithstanding any repayment provisions, the bank may
      call in the loan at any time without notice. 

	 	 
	Breach of contract 	The borrowings under the credit facility shall
      be repaid immediately, if: 


	and other events of 	 	  	 

	default 	•	 any amount under this credit
        facility contract is not paid when due 

	 	 	 	  

	  	•	 the borrower or guarantor 

	 	 	 	  

			•	 becomes the subject of execution
        or attachment, suspends payments, becomes subject to insolvency proceedings,
        commences negotiations on debt restructuring or composition, including
        asking the bank or another creditor for voluntary composition 

	 	 	 	  

			•	 takes up residence outside Denmark
        and prior to the move fails to make an agreement with the bank about how
        the borrowings under the credit facility should be repaid 

	 	 	 	  

	  	 	•	 dies 

	 	 	 	 








	Translation *
      Page 5 of 8 



	 		•	 discontinues its operations
        through a merger with another company or a demerger 

	 	 	 	  

	 	•	 the value of security that
        the borrower or a third party has furnished in the form of shares, bonds,
        currency, mortgages or other price-sensitive securities, or in financial
        assets, is reduced significantly, and no additional security is furnished
        which is satisfactory to the bank within 14 days of the bank having requested
        such security 

	 	 	 	  

	 	•	 insurance taken out on pledged
        items is not maintained, and if the pledgor does not, within 8 days of
        the bank having issued a written request for remedial action to be taken,
        produce a receipt proving that remedial action has been taken 

	 	 	 	  

	 	•	 the bank estimates that there
        has been a significant negative change in the borrower’s or guarantor’s
        financial affairs 

	 	 	 	  

	 	•	 the borrower does not inform
        the bank of its financial affairs as provided above under “Duty to
        disclose information to the bank”. 

	 	 	 	 




	
      Environmental affairs 
	
      The borrower undertakes to comply with all environmental
      legislation in force from time to time and any environmental approvals
      that may apply to the borrower’s business. The borrower shall inform the
      bank of any changes in the environmental status of the borrower’s
      business. 








	Translation *
      Page 6 of 8 



	Special provisions 	Individual conditions – Duty to disclose
      information to the bank 
	  	  
	  	The section 
	  	  
	

	“Furthermore, the bank may demand information
      about the holder’s/principal 
shareholder’s personal finances, such as
      income tax returns, annual statements 
from the Danish tax authorities
      and budgets.” 
	  	  
	  	shall not apply to this credit contract. 
	  	  
	Other terms and 	The following shall also apply to the credit
      facility contract: 
	conditions 	  
		• Part 2 The bank’s General Terms and
      Conditions of Business unless derogated from in Part 1. 
	  	  
		The Terms and Conditions of Business contain,
      among other things, provisions on: 



	 	•	Interest, commission and fee 
	 	•	Offsetting 
	 	•	The bank’s liability in damages. 
	 	 	 



	Borrower’s signature 	
      By signing this credit facility contract, the borrower
      accepts that the bank may change its General Terms and Conditions of
      Business subject to the notice specified in the Terms and Conditions of
      Business. 

	  	
      

		
      By signing this document, the borrower declares to owe
      the bank the borrowings under the credit facility from time to time plus
      interest, commission and any fees and costs. 

	  	
      

		
      If there is more than one borrower, the borrowers shall
      be jointly and severally liable. 

	  	
      

		
      At the same time, the borrower acknowledges receipt of a
      copy of the credit facility contract. 








	Translation *
      Page 7 of 8 



	 	 	 	 
	 	[Handwritten] 23.05.07 	 	  
	 	Date 	 	Date 
	 	 	 	  
	 	/s/ Bent Helvang	 	 
	 	Binding signature 	 	Witness 
	 	CHAIRMAN BENT HELVANG 	 	 
	 	  	 	 
	 	 	 	 
	 	Date 	 	Date 
	 	 	 	  
	 	/s/ Jesper Svane	 	 
	 	Binding signature 	 	Witness 
	 	BOARD MEMBER JESPER SVANE	 	 
	 	  	 	 
	 	 	 	 








	Translation *
      Page 8 of 8 


THIS IS TO CERTIFY 

 

that the foregoing 

“Credit facility contract” 

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

 

 

 

 

This translation consists of eight (8) 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