EX-10.13






	 	 	 
	To:
	 	Stingray Properties, LLC

Attention: Gary Verkinnes

6975 Seukview Drive

St. Cloud, MN 58303

Telephone; (320) 253-0228

Fax: (320) 251-9368

	From:
	 	Wells Fargo Bank, N.A.

Attention: Martha Burke

417 Montgomery Street Suite 500

MAC A0108-050

San Francisco, CA 84104

Telephone: (415) 947-5924

Fax: (415) 646-9166







Date: August 26, 2005



Dear Gary Verkinnes,



The purpose of this letter agreement is to confirm the terms and conditions of the transaction
(Transaction•) entered into between Wells Fargo Bank, N.A. (“Party A”) and Stingray Properties.
LLC, a Minnesota limited ability company (“Party B”). This Transaction is effective at, ovules of
12:01 a.m., California time, on the Trade Data specified below.



This Confirmation supplements, forms part of, and is subject to that certain interest Rate Master
Agreement by and between Party A and Party B, a copy of which either is being delivered herewith or
has been delivered if such Interest Rate Master Agreement has not been previously executed, Party B
hereby agrees to promptly execute and deliver such Interest Rate Master Agreement together with
such other documents Party A may reasonably require. tint’) the parties hereto execute en interest
Rate Master Agreement, this communication itself constitutes a binding agreement between us setting
forth the essential terms or the Transaction and incorporates by reference Party As form of
interest Rate master Agreement. All provisions incorporated by reference from that Interest Rate
Master Agreement govern this Confirmation except as expressly modified below.



The terms of the Transaction to which this Confirmation relates are as follows:



	 	 	 	 	 
	Transaction Type:

	 	Swap

	Trade Date:

	 	August 26, 2005

	Effective Date:

	 	September t. 2006, subject to adjustment in accordance with the Following Business Day Convention.

	Termination Date:

	 	September 1, 2021, subject to adjustment in accordance with the Following Business Day Convention.

	Fees:

	 	Not applicable.

	National Amount:

	 	USD 4,000,000.00 (initial Notional Amount • please refer to the attached Schedule I)

	Fixed Rate Side:

	 	


	Fixed Rate

Payer:

	 	

Party B

	Fixed Rate:

	 	 	6.00	%
	Day Count

Convention:

	 	

Actual/100

	Business Day

Convention:

	 	

Following

	Calculation

Period:

	 	

From the 1st day of each month, up to the 1st day of the following month, continuing

until the Termination Dale, subject to adjustment in accordance with the designated Business Day

Convention. The first Calculation Period will be September 1. 2006 to October 2, 2006.

	Floating Rate Side:

	 	


	Floating Rate

Payer:

	 	

Party A

	Floating

Rate:

	 	

USD-LIBOR plus 1.10%

	Initial Floating

Rate:

	 	

To be determined.

	Floating Rate

Maturity:

	 	

1 Month

	Reset Dates:

	 	The 1st day of each month, subject to adjustment in accordance with the designated Business Day

convention. The first Reset Date is September 1, 2006.

	Compounding:

	 	No Applicable.

	Day Count

Convention:

	 	

Actual/360

	Business Day

Convention:

	 	

Following

	Calculation

Period:

	 	

From the 1st day of each month, up to the 1st day of the following month, continuing

until the Termination Date, subject to adjustment in accordance with the designated Business Day

convention. The first Calculation Period will be September 1, 2006 to October 2, 2006.

	Settlement Payment

Dates:

	 	

The 1st day of each month, beginning with October 2, 2006, continuing up to the and including

the Termination Date, subject to adjustment in accordance with the designated Business Day Convention.

	Business Days:

	 	New York City







Loan Facility: That certain Loan Facility as evidenced by that certain promissory note dated on or
about September 1, 2005 in the amount of USD 4,000,000.00, extended by Party A to Party B (“Note”),
which is subject to the terms and conditions of that certain loan agreement dated as of an even
date therewith (“Loan Agreement”), as modified, amended and/or extended from time to time, (the
Note and the Loan Agreement are hereby collectively defined herein as the “Loan Documents”).



	 	 	 
	Security:
	 	Not Applicable.

	Credit Support:
	 	Not Applicable.

	Settlement Instructions for Payments:
	Payments due to

Party A:
	 	

Party A will debit settlement payment(s) from the following account:

	 	 	ABA Number: 0911300019

DDA Number: 2526133869

	Payments due to

Party B:
	 	

Party A will credit settlement payment(s) to the following account:

	 	 	ABA Number: 091004019

ODA Number: 2528133869

	Delivery Instructions for Notices:
	Send Notices to

Party A:
	 	

Wells Fargo Sank. N.A.

Attention: Documentation Group

417 Montgomery Street, Suite 500

MAC AD3108050

San Francisco, CA 94104

Telephone: (877) 240-0795

Fax: (415)648-9165

	Send Notices to

Party B:
	 	

Stingray Properties, LLC

Attention: Gary Verkinnes

6975 Seukview Drive St.

St. Cloud, MN 54303

Telephone: (320)253-0228

Fax: (320) 251-9388







Please confirm that the foregoing comedy sets forth the terms of our agreement by having an
authorized individual sign and return this document by facsimile to the Documentation Group at
(415) 648-9168. If you have any questions, please cell Mark Becker at (877) 240-0795.



Yours sincerely,



Wells Fargo Bank, N.A.



	 	 	 
	By:

	 	     
	Name:

	 	Martha Burke
	Its:

	 	Authorized Signatory






Accepted and confirmed as of the Trade Date:       



Stingray Properties, LLC, a Minnesota limited liability company



	 	 	 
	By:

	 	     
	Name:

	 	Gary W. Verkinnes
	Its:

	 	Partner