|     | **Exhibit 10.8**                                                           |
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| **HSBC** | **AGREEMENT FOR REVOLVING CREDIT TERM LOAN                        (RCTL)** |

 
|                       |    |   | Date: 3/11/04 |                                        |
|----------------------------|---------|--------|---------------|---------------------------------------------|
| Mid-Coast Management, Inc. |    |   |          | xCorporation                                | oLLC |
| 600 Bayview Ave            |    |   |          | oPartnership                                | oLLP |
| Inwood                     | NY      | 11096  |          | oSole                        Proprietorship | oOther |
| (City)                     | (State) | (Zip)  |          |                                        |   |

 
| 1. | DEFINITIONS. “We”, “our” and                        “us” refer to the borrower who signs below. “You”                        and “your” refer to HSBC Bank USA. Such terms also include any                        heirs, executors, administrators, successors or assigns.                        “Account” refers to the Business Revolving Line of Credit                        Account established in our name. |
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| 2. | CREDIT LINE AND ADVANCES. Our Credit Line will be$100,000.00. The Credit Line is                        the maximum we may owe on the Account at any time. If we exceed the Credit                        Line, we will pay you the excess immediately at your request. |
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We can obtain Loans on the Account by making a request by telephone. All            Loans will be made at your sole discretion. A Loan is considered made on the date you            post it to the Account. We agree not to request a Loan: (a) for less than $1,000; (b)            which will cause the amount we owe to exceed the CreditLine; or (c) as a payment on            what we owe you on the Account.

             

You may, but are under no obligation to, send us written confirmation of            each Loan. Your failure to do so will not relieve us of our obligation to pay the Loan            when due. If we wish to object to any information on the confirmation, we must do so            within 3 calendar days after we receive the confirmation. Each oral request for a Loan            shall be deemed to have been made by a person authorized by us, and we shall be            obligated to repay any Loan on our Account. We agree that you shall incur no liability            to us for making a Loan upon an oral request.

             
| 3. | CALCULATION OF INTEREST/PAYMENTS/DUE DATE. We will pay each                        month the Finance Charge figured as described below. |
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The FINANCE CHARGE will be figured this way:

             
|   | (a) | Start each day with the opening Principal                        balance. |
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|   | (b) | Subtract any payments and other credits to Principal and                        Loans and other debits to Principal that day. This gives a daily Principal                        balance. |
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|   | (c) | Multiply that Principal balance by the current daily                        Periodic Rate to determine the daily FINANCE CHARGE. |
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|   | (d) | Add the FINANCE CHARGE for each day in the month. The total                        is the FINANCE CHARGE for the month. |
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Overdue payments will be added to the payment for the next            month.

             

Our interest rate per annum will be:

             
|   | x | Prime Rate plus2.50%. This rate may change                        daily based on changes in the Prime Rate which is the rate publicly                        announced by HSBC Bank USA, from time to time as its prime rate, and is a                        base rate for calculating interest on certain loans. Any change in the                        Prime Rate shall be effective as of the date of such change. |
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|   | o | Fixed Rate of _____%. If the interest rate is a fixed rate                        and this Agreement is prepaid in full or in part for any reason including,                        without limitation, as a result of acceleration upon default, then the                        undersigned will pay the amount of any loss, cost or expense which the                        holder deems is attributable to the prepayment. The determination of any                        such amount by the holder shall be conclusive absent manifest                        error. |
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If we do not pay you the amounts owed on this note after maturity            (whether by default or otherwise) our interest rate will increase by 3%.

             

Interest will be calculated for each day at 1/360th of the            applicable interest rate which will result in a higher effective annual rate. However,            if thisobox is checked, interest            will be calculated at 1/365th of the applicable interest rate. The maximum            interest rate charged during the term of this Agreement will in no event exceed the            maximum rate permitted by law.

             

You will bill us monthly for interest and any other amount then owing on            our Account, payable on the15thday of each month following the date of this Agreement and on the date            the unpaid principal is paid in full.

             

After the Account Termination Date, no further loans will be made to us            and we will begin to make payments of the principal balance as follows:48consecutive monthly installments each in            the amount of1/48of the principal            balance of the Account Termination Date, commencing1/15/07, and also payable on the15thday of each monththereafter, to and including12/15/10. With the above final installment,            we agree to pay you all additional amounts due under this Agreement, including any            unpaid principal, interest and late charges.

             

If thisobox is            checked we agree to maintain a checking account with your for the payment of the            amounts owing on the Account. Then, if at any time when any amounts are owing on the            Account, we stop maintaining a checking account with you for the payment of amounts            owing on the Account, you may increase the rate of interest under this agreement by            0.5%. On each due date, you may charge our account for an amount equal to the principal            and interest and any other amounts due.

             

If we make a payment more than 10 days after the due date, we will pay a            late charge equal to the greater of 5% of the overdue payment of $15.00.

             
| 4. | SECURITY. All amounts which may become due under this                        Agreement are secured by the Collateral described in separate security                        agreements, if any. You also have the right to use any amount we have in                        any deposit account with you to pay what we owe under this                        agreement. |
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| 5. | ACCOUNT TERMINATION DATE. Subject to the terms of this                        Agreement, we may obtain Loans on the Account from the date of this                        Agreement until12/15/06(the “Account Termination Date”). |
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| 6. | CHANGING THIS AGREEMENT. No change in any provisions of this                        Agreement may be made except by a writing signed by authorized signers of                        both parties to this Agreement. |
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| 7. | CANCELING USE OF THE ACCOUNT. You can cancel this Account at                        any time. We may also cancel this Account by writing to you. If our account                        is cancelled, we must pay you all we owe you, including any amount not yet                        billed. |
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| 8. | EVENTS OF DEFAULT. These are Events of Default: |
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|   | (a) | If we do not pay amounts owed under this Agreement when we                        should or we do not pay amounts owed to others. |
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|   | (b) | If we break any promise in this Agreement or any other                        written promise we make to you. |
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|   | (c) | If someone tries by legal process to take any bank account                        of ours which you have. |
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|   | (d) | If we or anyone endorsing or guaranteeing amounts owed under                        this Agreement becomes insolvent, bankrupt, incompetent, dies or goes out                        of business. |
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HSBC            Bank USA

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|   | (e) | If anything which we or anyone endorsing or guaranteeing                        amounts owed under this Agreement tells you in a credit application turns                        out to have been false when you received the applications. |
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|   | (f) | If there has been a substantial adverse change in any                        financial information on which you relied in granting the Credit                        Account. |
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If we default, you may require us to pay the full amount we owe at            once.

 
| 9. | ANNUAL FEE.. We will pay an Annual Fee of $_____. This fee                        will be billed to our Account each year. |
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| 10. | TAXES. We have filed all federal, state and other tax and                        similar returns and have paid or provided for the payment for all taxes and                        assessments due through the date of this Agreement. Our federal income tax                        returns through the current fiscal year have been submitted to the Internal                        Revenue Service and all taxes payable for such year or for any prior years                        have been paid |
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| 11. | OUR RESPONSIBILITIES. So long as amounts owed under this                        Agreement remain unpaid, we will: |
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|   | (a) | keep accurate and complete books and records and permit you                        to review and make copies from such books and records; |
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|   | (b) | give you our tax statements and/or our financial statements                        at your request within 120 days after the end of each fiscal year and, if                        there is a guarantor, the individual financial statement of such guarantor,                        we will give you other information relating to our financial condition at                        your request. |
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|   | (c) | pay all taxes on the Collateral. If we do not, you may pay                        them and we will pay you back for them on your demand; |
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|   | (d) | keep our insurable property insured at all times against                        fire and other risks, including injury to persons or property. We will also                        keep adequate insurance under all applicable worker’s compensation                        laws. We will give you evidence of coverage at your request. |
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|   | (e) | promptly inform you if we become involved in any legal                        action or investigation or if a lien is placed against the                        Collateral; |
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|   | (f) | use the proceeds of loans obtained under this agreement for                        business purposes only. |
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|   | (g) | not give any other Security Interest in the Collateral or                        sell, assign or transfer any of the Collateral to anyone unless you say in                        writing that we can; |
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|   | (h) | not become a guarantor or otherwise liable for the debts of                        any other person, firm or corporation; |
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|   | (i) | not change the way in which we do business or the location                        of our business. |
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|   | (j) | maintain at all times net working capital of at leastN/A. |
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|   | (k) | maintain at all times tangible net worth of at leastN/A. |
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|   | (l) | if we are a corporation, not pay or declare any dividends on                        our capital stock, except stock dividends, or purchase, redeem or retire                        any of our capital stock. If we are a partnership, we will not make any                        distributions of capital in cash or in kind. |
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|   | (m) | not make capital expenditures in any of our fiscal years                        greater thanN/Ain                        total. |
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|   | (n) | not pay, or become obligated to pay, any salaries, bonuses,                        dividends or other compensation or fees, to our officers, directors,                        shareholders or members of their families, in excess ofN/A. |
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| 12. | EXPENSES. We will pay any fees necessary for you to obtain                        an enforceable security interest in the collateral. If you have to have a                        lawyer to enforce this agreement or any interest in the collateral, we will                        pay the court costs, your lawyer’s actual fees and our out-of-pocket                        expenses. |
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| 13. | HAZARDOUS SUBSTANCES. We agree to reimburse you for damages                        and expenses you incur, and defend you from any claim or in any court                        proceeding which is brought against you as a result of the discovery or                        release of Hazardous Substances on or near any property which we own,                        lease, or operate. Hazardous Substances shall have the same meaning as in                        the Comprehensive Environmental Response, Compensation and Liability Act of                        1980. |
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| 14. | MISCELLANEOUS. |
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|   | (a) | Even, if at a time when we are in default, you do not                        require us to pay the amounts we owe you immediately in full, or do not                        exercise any other remedies available to you, you still have the right to                        do so if we are in default at a later time. |
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|   | (b) | This Agreement shall be governed by the laws of New York                        State. |
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|   | (c) | WE AGREE THAT ANY LEGAL PROCEEDING TO ENFORCE THIS AGREEMENT                        MAY BE BROUGHT IN THE SUPREME COURT OF NEW YORK STATE, OR IN THE DISTRICT                        COURT OF THE UNITED STATES IN ANY DISTRICT IN WHICH YOU HAVE AN OFFICE. YOU                        CAN SERVE US WITH LEGAL PAPERS BY REGISTERED MAIL OR AS OTHERWISE PROVIDED                        BY THE LAWS OF NEW YORK STATE OR THE UNITED STATES. |
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|   | (d) | YOU AND I VOLUNTARILY WAIVE ANY RIGHT TO TRIAL BY JURY IN                        ANY LEGAL ACTION RELATING TO THIS AGREEMENT. We understand that you have                        relied on our agreement ot this waiver in entering into this                        Agreement. |
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|   | (e) | If more than one party executes this Agreement, the                        obligations of the undersigned hereunder shall be joint and                        severable. |
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| Mid-Coast Management, Inc. |                |             |
|----------------------------|---------------------|------------------|
| By:                        | /s/ Jesse Dobrinsky |             | By: | /s/ Scott Goodman |
| Title: President           |                | Title: Treasurer |
|                            |                     |                  |  |  |

 

 

HSBC            Bank USA

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