THIS LETTER OF CREDIT WILL ONLY BE PERMITTED ONCE DURING EACH
QUARTERLY PERIOD IN THE AMOUNT SPECIFIED TO EACH CORRESPONDING QUARTER AS PER
THE ATTACHED ANNEX A, EXCEPT AS PROVIDED BELOW IN THE EVENT OF NON-EXTENSION.
DEMANDS BY FACSIMILE TRANSMISSION TO FAX NUMBER (213)457-8841 ARE PERMITTED
UNDER THIS LETTER OF CREDIT.
THIS LETTER OF CREDIT EXPIRES AT OUR ABOVE OFFICE ON MAY 31, 2011, BUT SHALL BE
AUTOMATICALLY EXTENDED, WITHOUT WRITTEN AMENDMENT, TO MAY 31 IN EACH SUCCEEDING
CALENDAR YEAR UNLESS WE HAVE SENT WRITTEN NOTICE TO YOU AT YOUR ADDRESS ABOVE BY
REGISTERED MAIL OR OVERNIGHT COURIER SERVICE THAT WE ELECT NOT TO EXTEND THIS
LETTER OF CREDIT BEYOND THE DATE SPECIFIED IN SUCH NOTICE, SUCH NOTICE TO BE AT
LEAST SIXTY (60) CALENDAR DAYS BEFORE THE THEN CURRENT EXPIRATION DATE; BUT IN
NO EVENT WILL THIS LETTER OF CREDIT BE EXTENDED BEYOND FEBRUARY 28, 2018.
UPON OUR SENDING YOU SUCH NOTICE OF NON-EXTENSION OF THE EXPIRATION DATE OF THIS
LETTER OF CREDIT, YOU MAY ALSO DRAW UNDER THIS LETTER OF CREDIT IN ITS
THEN-CURRENT FULL AMOUNT BY PRESENTATION TO US AT OUR ABOVE ADDRESS, ON OR
BEFORE THE EXPIRATION DATE SPECIFIED IN SUCH
ORIGINAL
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BANK OF AMERICA - CONFIDENTIAL
PAGE: 3
THIS IS AN INTEGRAL PART OF LETTER OF CREDIT NUMBER: 3114583
NOTICE, OF YOUR DRAFT DRAWN ON US AT SIGHT ACCOMPANIED BY YOUR SIGNED AND DATED
STATEMENT, WORDED AS FOLLOWS:
"THE UNDERSIGNED, AN AUTHORIZED OFFICER OF KIDS LINE LLC (THE "BENEFICIARY"),
HEREBY CERTIFIES THAT (A) WE HAVE RECEIVED NOTICE FROM BANK THAT LETTER OF
CREDIT NUMBER 3114583 WILL NOT BE EXTENDED AND WILL EXPIRE ON MAY 31, 20__ AND
(B) THE CAPITAL GROUP COMPANIES, INC., HAS FAILED TO SECURE AND DELIVER TO THE
BENEFICIARY WITHIN THIRTY (30) CALENDAR DAYS OF THE EXPIRATION DATE, A
REPLACEMENT LETTER OF CREDIT SATISFYING THE OTHER REQUIREMENTS OF SECTION 4 OF
EXHIBIT C OF THE SUBLEASE DATED AS OF SEPTEMBER __, 2010 BETWEEN BENEFICIARY AND
THE CAPITAL GROUP COMPANIES, INC."
THIS LETTER OF CREDIT IS TRANSFERABLE IN FULL AND NOT IN PART. ANY TRANSFER MADE
HEREUNDER MUST CONFORM STRICTLY TO THE TERMS HEREOF AND TO THE CONDITIONS OF
RULE 6 OF THE INTERNATIONAL STANDBY PRACTICES (ISP98) FIXED BY THE INTERNATIONAL
CHAMBER OF COMMERCE, PUBLICATION NO. 590. SHOULD YOU WISH TO EFFECT A TRANSFER
UNDER THIS CREDIT, SUCH TRANSFER WILL BE SUBJECT TO THE RETURN TO US OF THE
ORIGINAL CREDIT INSTRUMENT, ACCOMPANIED BY OUR FORM OF TRANSFER, PROPERLY
COMPLETED AND SIGNED BY AN AUTHORIZED SIGNATORY OF YOUR FIRM, BEARING YOUR
BANKER'S SIGNATURE AUTHENTICATION AND PAYMENT OF OUR TRANSFER FEE. SUCH TRANSFER
FORM IS AVAILABLE UPON REQUEST. COSTS OR EXPENSES OF SUCH TRANSFER SHALL BE FOR
THE ACCOUNT OF THE BENEFICIARY.
EXCEPT AS OTHERWISE EXPRESSLY STATED HEREIN, THIS UNDERTAKING IS NOT SUBJECT TO
ANY OTHER QUALIFICATION.
WE HEREBY AGREE WITH YOU THAT DOCUMENTS PRESENTED IN COMPLIANCE WITH THE TERMS
OF THIS LETTER OF CREDIT WILL BE DULY HONORED UPON PRESENTATION TO US AT BANK OF
AMERICA, N.A.,