Document:

ex10_26.htm

     

    
      (Translation)

      

      SECURITY
AGREEMENT

      

      

      THIS SECURITY AGREEMENT (this
“Agreement”), is entered into and made
effective as of November 10, 2009, by and between the following parities,
serving as an exhibit to a loan agreement, dated November 10th,
2009 (the “Loan
Agreement”).

      

      
        	
                1.  

              	
                Zhuang
      Jinghua (the “Lender”), a citizen of the People’s Republic of China, Rm
      302, No 16 Zhu Yun Jing, Tong Tai Road,
  Guangzhou

              

      

      

      
        	
                2.  

              	
                Dongguan
      CHDITN Printing Co., Ltd. (the "Borrower"), a corporation organized under
      the laws of the People’s Republic China, with headquarters at No.6
      Economic Zone, Wushaliwu, Chang’an Town, Dongguang, Guangzhou Province,
      China.  

              

      

      

      In
accordance to the terms and conditions in the Loan Agreement, the Lender hereby
agrees to provide the Borrower with a loan of total two million three hundreds
twenty one thousands and three hundred fifty China Yuen (CNY¥2,321,350) (the
“Loan”).

      

      NOW,
THEREFORE, the Borrower hereby grants to the Lender a first priority security
interest in and to the pledged property until the satisfaction of the
Obligations in connection with the Loan, as defined herein below.

      

      
        	
                1.  

              	
                The
      Borrower agrees to pay off any payables overdue under the Loan Agreement
      (the “Liabilities”), timely and unconditionally, upon receiving a written
      notice from the Lender.

              

      

       

      
        	
                2.  

              	
                Pursuant
      to Item 1, the Borrower shall pay off the Liabilities upon receiving a
      written notice from the Lender. The Borrower shall pay interest incurred
      from any overdue balance during the period from the written notice date
      through the paid date. The interest shall be calculated based on the
      default interest rate as defined in Item 19 of the Loan Agreement, and
      compounded per month.

              

      

       

      
        	
                3.  

              	
                In
      addition to the Liabilities secured hereby pursuant to Item 1, the
      Borrower shall indemnify, unconditionally and irrevocably, any losses from
      the Lender due to the Borrower’s late payments or failure in executing the
      Loan Agreement. In the event that the Liability secured pursuant to Item 1
      void, unenforceable, or unexecuted, the indemnification pursuant to Item 3
      shall survive and enforceable to the
Borrower.

              

      

       

      
        	
                4.  

              	
                The
      Borrower agrees to secure the Liabilities by the properties in his title
      as a pledge, including but not
limited:

              

      

       

      
        	
                (a)  

              	
                All
      the real properties and the attachments on the
  land;

              

      

       

      
        	
                (b)  

              	
                All
      the machines and equipments, vehicles and other personal
      properties;

              

      

       

      
        	
                (c)  

              	
                All
      the using rights to the land, building and the attachments on the
      land;

              

      

       

      
        	
                (d)  

              	
                All
      the using rights to the machines and equipments, vehicles and other
      properties;

              

      

       

      
        	
                (e)  

              	
                All
      the using right to the subcontracted land, with the owners’ consent
      regarding the pledge;

              

      

       

      
        	
                (f)  

              	
                Any
      other properties available to be
pledged.

              

      

       

      
        	
                5.  

              	
                The
      Loan shall be secured by the common shares of Décor Products International
      Inc. (Symbol: DCRD.OB) (the “Shares”) held by the Borrower, the
      certificates of which shall be delivered to JPF Securities Law, LLC., a
      legal firm assigned by the Lender. The Lender shall have a lien on the
      Shares pursuant to the security law of the People’s Republic of China.
      When the Event of Default occurred, the Lender shall have the preemptive
      right to the Shares.

              

      

       

      
        	
                6.  

              	
                The
      Borrower agrees and affirms that the written notice stating the amount and
      due date of the Liabilities, signed by the Lender, or his assignee, is
      enforceable to the Borrower, with the exception that the mistakes in the
      written notice are material.

              

      

       

      
        	
                7.  

              	
                All
      the responsibilities and obligations pursuant to this Agreement shall not
      be released, reduced or changed due to the
  followings:

              

      

       

      
        	
                (a)  

              	
                The
      extension or postponement of the payments approved by the
      Lender;

              

      

       

      
        	
                (b)  

              	
                In
      case of the pendency of any liquidation or bankruptcy to the Borrower;
      and/or,

              

      

       

      
        	
                (c)  

              	
                The
      Lender holds the lien, security or guaranty of the Loan;
      and/or,

              

      

       

      
        	
                (d)  

              	
                The
      Lender’s rights to recourse, execute, waive, surrender, release or change,
      pursuant to the Loan Agreement and this Agreement, (including waive any
      premises or other conditions pursuant to the Loan Agreement);
      and/or,

              

      

       

      
        	
                (e)  

              	
                All
      the liabilities pursuant to the Loan Agreement and this Agreement become
      illegitimate, void or unenforceable, or the signatures on the Loan
      Agreement and this Agreement are invalid,
  and/or,

              

      

       

      
        	
                (f)  

              	
                Any
      other events not included in this Item but will cause the Borrower’s
      obligations to be released, reduced or
changed.

              

      

       

      In the
events of amendment to and/or changes in the Loan Agreement, which will increase
the Borrower’s responsibilities and liabilities, the Lender shall receive the
confirmation from the Borrower to effectuate the amendment and/or
change.

       

      
        	
                8.  

              	
                The
      Borrower announce herein to the
Lender:

              

      

       

      
        	
                (a)  

              	
                The
      Borrower is a corporation duly organized and validly existing under the
      laws of the People’s Republic of China and has all requisite corporate
      power to own, operate and lease its properties and assets and to carry on
      its business;

              

      

       

      
        	
                (b)  

              	
                The
      Borrower has the full right, power and authority to sign and execute the
      obligations pursuant to this
Agreement;

              

      

       

      
        	
                (c)  

              	
                This
      Agreement shall be effective simultaneously upon signing the Loan
      Agreement. This Agreement shall be a binding agreement to the Borrower and
      enforceable pursuant to the laws of the People’s Republic of
      China;

              

      

       

      
        	
                (d)  

              	
                Upon
      signing and/or executing this Agreement, the Borrower shall not (i)
      violate or offend against any law or regulations or articles of
      incorporation and by-laws of the Borrower; or (ii) violate or offend
      against any covenant or agreement or binding instrument to the Borrower or
      any of his assets; or (iii) exceed the authority granted to the
      Borrower in connection with the loan or security obligations (no matter
      due to articles of incorporation of Borrower or other agreement), or
      exceed the authority of board of director of the
  Borrower;

              

      

       

      
        	
                (e)  

              	
                Neither
      shall the Borrower have any late payments of the principal and interests
      of other loans nor any events of default occur in any covenant, trust
      agreement or other documents signed by the
  Borrower.

              

      

       

      
        	
                (f)  

              	
                No
      any legal proceedings against the Borrower or his assets occurs in any
      court, arbitration or government agency, which may have significant impact
      on the Borrower’s finance, business, asset or other
    situation.

              

      

       

      
        	
                (g)  

              	
                Except
      for the preferred debt defined by the laws, all the obligations to the
      Borrower pursuant to this Agreement are direct and unconditional, which
      shall be equivalent to the unsecured debt at any
  time.

              

      

       

      
        	
                (h)  

              	
                The
      Borrower shall not violate, fail to execute, or offend any loan agreements
      upon signing this Agreement, which has negative effect on the
      Borrower.

              

      

       

      
        	
                (i)  

              	
                The
      Borrower has disclosed, in full and accuracy, to the Lender his material
      liabilities existing as of the signing date of this
    Agreement.

              

      

       

      
        	
                (j)  

              	
                The
      latest audit report provided by the Borrower to the Lender shall be
      prepared in compliance with the laws of People’s Republic of China and in
      conformity with the generally accepted accounting principles in the United
      States of America. The audited financial statements along with the
      footnotes represent the actual financial status of the Borrower during the
      period in the report. There is no material change in operation, business,
      assets, liabilities or others matters
  thereafter.

              

      

       

      
        	
                (k)  

              	
                There
      are no material liabilities or any unrealized losses or estimated losses
      incurred and undisclosed in the latest audit
  report.

              

      

       

      
        	
                (l)  

              	
                All
      the information of the Borrower provided to the Lender are true, complete
      and accurate (no matter provided pursuant to the terms under this
      Agreement)

              

      

       

      
        	
                (m)  

              	
                All
      the payments made by the Borrower pursuant to this Agreement shall not be
      reduced due to taxes or reverses to the
taxes.

              

      

       

      
        	
                9.  

              	
                The
      Borrower states, guarantees and acknowledges herein to the Lender that,
      within the valid period of this
Agreement:

              

      

       

      
        	
                (a)  

              	
                Each
      statement pursuant to Item 6 shall be true and accurate in terms of the
      facts, with respect to the current existing fact and
      situation;

              

      

       

      
        	
                (b)  

              	
                The
      Borrower shall maintain and operate his business in an appropriate and
      effective way;

              

      

       

      
        	
                (c)  

              	
                The
      Borrower shall deliver the Lender a copy of his audited financial
      statements, verified by any of his directors, within 30 days after the
      fiscal year end.

              

      

       

      
        	
                (d)  

              	
                The
      Borrower shall deliver the Lender any applicable financial information or
      other information upon the reasonable request from the
    Lender.

              

      

       

      
        	
                (e)  

              	
                The
      Borrower shall notify the Lender promptly in connection with any
      unexpected events that will have impact on the Borrower’s ability to
      execute this Agreement.

              

      

       

      
        	
                (f)  

              	
                The
      Borrower shall maintain and execute all the rights and obligations
      pursuant to this Agreement, receive the required approval and keep it up
      to date to ensure the validity and effectiveness of this Agreement, and
      comply with the related regulations, conditions and limitations (if
      any).

              

      

       

      
        	
                (g)  

              	
                The
      Borrower shall not pledge, sell or transfer all or majority of his assets
      without a written consent from the Lender (regardless of in one time or
      multiple times, direct or indirect, at the specific time or over a
      period).

              

      

       

      
        	
                (h)  

              	
                The
      Borrower shall not acquire or merger with any other corporations
      or   individuals without a written consent from the
      Lender.

              

      

       

      
        	
                (i)  

              	
                The
      Borrower shall not make any significant changes in the business model
      without a written consent from the Lender, regardless of the changes due
      to sale, transfer, acquisition or other transaction, in one time or
      multiple times, direct or indirect, at the specific time or over a
      period.

              

      

       

      
        	
                (j)  

              	
                The
      Borrower shall not buy back or decrease the outstanding and issued shares
      or distribute his capital or assets to shareholders without a written
      consent from the Lender.

              

      

       

      
        	
                10.  

              	
                The
      Borrower shall take the obligations pursuant to this Agreement
      independently. Any third party agrees to proved the Borrower with a pledge
      or security agreements in connection with this Agreement, this Agreement
      shall stay individually and shall not be affected by such security
      agreements or pledges.

              

      

       

      
        	
                11.  

              	
                Borrower
      shall make all the payments set forth in this Agreement to the Lender,
      without offsetting nor counter-claiming any amount owed to the Borrower,
      nor deducting any existing or future taxes and fees, nor reserving any
      funds due to taxes.

              

      

       

      
        	
                12.  

              	
                The
      security pursuant to this Agreement is continuous and irrevocable and
      valid until all the payables pursuant to the Loan Agreement are paid in
      full by the Borrower. However, the obligations of the Borrower would be
      reduced pro rata in according to the payments to the Loan and be released
      until the principal and interests of the Loan are paid in full. This
      Agreement shall be deemed to be an additional security to the Loan, and
      shall not be used as security or pledge of the Lender’s any other existing
      or future Loan. The Borrower acknowledges and agrees that Lender shall be
      entitled to collect the loan or execute this Agreement without involving a
      third party or file a lawsuit.

              

      

       

      
        	
                13.  

              	
                In
      the event that any provisions of this Agreement are considered illegal,
      invalid, or unenforceable, such provisions shall be removed from this
      Agreement. The invalidity or unenforceability shall be attached solely to
      such provisions and the remaining provisions of this Agreement shall
      survive.

              

      

       

      
        	
                14.  

              	
                Any
      expenses incurred due to collecting the overdue payments pursuant to this
      Agreement shall be indemnified by the Borrower. The Borrower shall make
      the payments in full and on time upon receiving a written notice from the
      Lender.

              

      

       

      
        	
                15.  

              	 

      

       

      
        	
                (a)  

              	
                All
      of the rights and obligations pursuant to this Agreement are binding to
      both parties, including their successors or assignees, respectively. The
      Borrower shall not transfer any rights, interests or obligations herein to
      any third parties.

              

      

       

      
        	
                (b)  

              	
                In
      the event that the Lender transfers all or part of his rights pursuant to
      the Loan Agreement to a third party, the Lender’s right pursuant to this
      Agreement shall be transferred pro rata to the transferee, and the
      transferee shall be considered as the Lender defined in this
      Agreement.

              

      

       

      
        	
                (c)  

              	
                Any
      statements, guaranty, acknowledgements and arrangements made by the
      Borrower pursuant to this Agreement shall not be affected by the Lender’s
      transfer, regardless of his rights in the Loan Agreement or in this
      Agreement. Any changes in the Lender’s name, or merge, or acquisition will
      not change the Borrower’s obligation pursuant to this
      Agreement.

              

      

       

      
        	
                16.  

              	 

      

      
        	
                (a)  

              	
                Any
      notice, requirement or other communications pursuant to this Agreement
      shall be in writing and delivered to the following addresses via courier
      or certified mail, any changes in the address shall have 3 days prior
      notice.

              

      

       

      

      Zhuang,
Jinghua

      
        	
                Address:

              	
                Rm
      302, No 16 Zhu Yun Jing, Tong Tai Road, Guangzhou,
    P.R.China

              

      

      Tel:                (0086) 020-85533718

      Fax:                (0086)
020-85559500

      

      Dongguan
CHDITN Printing Co.,Ltd

      Address:           No.
6 Economic Zone, Wushaliwu, Chang’an Town

      Dongguan,
Guangdong Province, China

      Attention:         Mr.
Liu Rui Sheng, President

      Tel:                    (0769)
8553-3948

      

      
        	
                (b)  

              	
                Any
      notice, requirement or other communications pursuant to this Agreement
      shall be delivered upon (1) a recipient’s signature is obtained if via
      courier; (2) two (2) days after the certified mail is
    dropped.

              

      

       

      
        	
                17.  

              	 

      

      
        	
                (a)  

              	
                All
      of the covenants and obligations contained herein shall not be amended,
      waived, modified or terminated by oral or other forms, unless confirmed in
      writing by Lender and Borrower.

              

      

       

      
        	
                (b)  

              	
                The
      Lender delays or fails at any time or times hereafter to exercise any
      rights shall not waive the rights of the Lender pursuant to this
      Agreement. Any rights or powers exercised by the Lender in particular
      events shall not waive or affect any other rights or powers in the future.
      The Lender could exercise the rights, powers and compensation arrangements
      simultaneously, respectively, or accumulatively, thus will not eliminate
      the rights of Lender and other compensations pursuant to the
      laws.

              

      

       

      
        	
                18.  

              	
                This
      Agreement shall be governed by and interpreted in accordance with the laws
      of the People’s Republic of China regardless of the principles of conflict
      of laws.  The parties further agree that any action between them
      shall be heard in the courts in the People’s Republic of China and
      expressly consent to the jurisdiction and venue of the courts in the
      People’s Republic of China. This consent would not undermine or limit the
      rights or powers conferred by the region for Lenders and Borrowers or its
      assets in any jurisdiction.

              

      

       

      
        	
                19.  

              	
                This
      Security Agreement is written in Chinese with one or more counterparts,
      each of which shall be constitute the same instrument for Borrower and
      Lender.

              

      

      

      

      

      Lender:

      Zhuang
Jinghua (stamped)

      Authorized
representatives (signature)

      

      Date:
10th
November, 2009

      

      Borrower:

      Dongguan
CHDITN Printing Co., Ltd (Stamped)

      Authorized
Representatives: Liu Rui Sheng(signature)

      

      Date:
10th
November, 2009ex10_27.htm

     

    LETTERHEAD OF GREENTREE

     

    
      GREENTREE FINANCIAL GROUP,
INC.

      

      “Catch
the Vision........”

      ã

      

      

      

      December
1, 2007

      

      

      PERSONAL AND
CONFIDENTIAL

      

      MURALS BY
MAURICE, INC.

      295
N.W. 89th Avenue

      Coral
Springs, FL 33071

      Attn:
Maurice Katz, President

      

      Dear
Mr. Katz:

      

      This
letter agreement ("Agreement") confirms the terms and conditions of the
engagement of Greentree Financial Group, Inc. ("Greentree") by Murals By
Maurice, Inc. (the "Company") to render certain professional services to the
Company in connection with the Company's proposed registration
statements.

      

      1.           Services.  Greentree
agrees to perform the following services:

      

      
        	
                (a)  

              	
                Assist
      with the preparation of Form S-1, including answering comments from the
      Securities and Exchange Commission, if
any;

              

      

      

      
        	
                (b)  

              	
                Assist
      with EDGARizing the aforementioned document as required by the Securities
      and Exchange Commission, including any applicable
    amendments;

              

      

      

      
        	
                (c)  

              	
                Advise
      and assist the Company as to the capital structure of a publicly traded
      company;

              

      

      

      
        	
                (d)  

              	
                Assist
      with the preparation of Form 15c-211, which will be filed by sponsoring
      market maker, and answer FINRA
comments;

              

      

      

      
        	
                (e)  

              	
                Perform
      such other services as the Company and Greentree shall mutually agree to
      in writing.

              

      

      

            2.      Fees.  The
Company agrees to pay Greentree for its services a professional service fee of
$50,000 in cash, plus 500,000 shares of the Company, which will be registered in
the aforementioned Form S-1, ("Service Fee") during the Term, payable as
follows. (Note: Auditing and quarterly auditor review fees are not included in
this agreement and should be paid directly by the Company to their independent
auditors.)

      

      The
Company agrees to pay the Greentree Service Fee as per the following payment
terms.  Such terms relate only to the timing of payment, and not to
the existence of the Company’s obligation to pay, which is set forth
above:

       

                       
(1) A non-refundable payment of $10,000 shall be made upon signing
thisAgreement;

      
        	
                (2)  

              	
                A
      non-refundable payment of $40,000 shall be made on or before September 30,
      2008;

              
	
                (3)  

              	
                The
      500,000 shares of the Company, shall be issued to Greentree Financial
      Group, Inc. before initially filing Form S-1 with Securities and Exchange
      Commission.

              

      

      

      In
addition to any fees that may be payable to Greentree under this letter, the
Company agrees to reimburse Greentree, upon request made from time to time, for
its reasonable out-of-pocket expenses incurred in connection with Greentree’s
activities under this letter, including the reasonable fees and disbursements of
its legal counsel.

      

      3.           Term.  The
term of this Agreement shall commence on May 5, 2008, and end on the effective
date of Form S-1 (the "Term").  This Agreement may be renewed upon
mutual written agreement of the parties hereto.  This agreement may be
terminated by the Company prior to its expiration or services being rendered
with 45 days prior written notice to Greentree. Any obligation pursuant to this
Paragraph 3, and pursuant to Paragraphs 2 (fees), 4 (indemnification), 5
(matters relating to engagement), 6 (governing law) and 9 (miscellaneous)
hereof, shall survive the termination or expiration of this
Agreement.

      

      4.           Indemnification.  In
addition to the payment of fees and reimbursement of fees and expenses provided
for above, the Company agrees to indemnify Greentree and its affiliates with
regard to the matters contemplated herein, as set forth in Exhibit A, attached
hereto, which is incorporated by reference as if fully set forth
herein.

      

      5.           Matters Relating to
Engagement.   The Company acknowledges that Greentree has
been retained solely to provide the services set forth in this
Agreement.  In rendering such services, Greentree shall act as an
independent contractor, and any duties of Greentree arising out of its
engagement hereunder shall be owed solely to the Company. The Company further
acknowledges that Greentree may perform certain of the services described herein
through one or more of its affiliates.

      

      The
Company acknowledges that Greentree is a consulting firm that is engaged in
providing consulting services. The Company acknowledges and agrees that in
connection with the performance of Greentree's services hereunder (or any other
services) that neither Greentree nor any of its employees will be providing the
Company with legal, tax or accounting advice or guidance (and no advice or
guidance provided by Greentree or its employees to the Company should be
construed as such) and that neither Greentree nor its employees hold itself or
themselves out to be advisors as to legal, tax, accounting or regulatory matters
in any jurisdiction. Greentree may retain attorneys and accountants that are for
Greentree’s benefit, and Greentree may recommend a particular law firm or
accounting firm to be engaged by the Company and may pay the legal expenses or
non-audit accounting expenses associated with that referral on behalf of the
Company, after full disclosure to the Company and the Company’s consent that
Greentree make such payment on its behalf. However, Greentree makes no
recommendation as to the outcome of such referrals. The Company shall consult
with its own legal, tax, accounting and other advisors concerning all matters
and advice rendered by Greentree to the Company, and the Company shall be
responsible for making its own independent investigation and appraisal of the
risks, benefits and suitability of the advice and guidance given by Greentree to
the Company.  Neither Greentree nor its employees shall have any
responsibility or liability whatsoever to the Company or its affiliates with
respect thereto.

      

      The
Company recognizes and confirms that in performing its duties pursuant to this
Agreement, Greentree will be using and relying on data, material, and other
information furnished by the Company, a third party provider, or their
respective employees and representatives (“the Information”).  The
Company will cooperate with Greentree and will furnish Greentree with all
Information concerning the Company and any financial information or
organizational or transactional information which Greentree deems appropriate,
and Company will provide Greentree with access to the Company's officers,
directors, employees, independent accountants and legal counsel for the purpose
of performing Greentree's obligations pursuant to this
Agreement.   The Company hereby agrees and represents that all
Information furnished to Greentree pursuant to this Agreement shall be accurate
and complete in all material respects at the time provided, and that, if the
Information becomes materially inaccurate, incomplete or misleading during the
term of Greentree's engagement hereunder, the Company shall promptly advise
Greentree in writing.  Accordingly, Greentree assumes no
responsibility for the accuracy and completeness of the Information. In
rendering its services, Greentree will be using and relying upon the Information
without independent verification or evaluation thereof.

       

      6.           Governing Law and Consent to
Jurisdiction.  This Agreement shall be governed by and
construed in accordance with the laws of the State of Florida, without regard to
conflict of laws provisions. All disputes arising out of or in connection with
this agreement, or in respect of any legal relationship associated with or
derived from this agreement, shall only be heard in any competent court residing
in Broward County Florida.  Company agrees that a final judgment in
any such action or proceeding shall be conclusive and may be enforced in other
jurisdictions by suit on the judgment or in any manner provided by law. The
Company further waives any objection to venue in any such action or proceeding
on the basis of inconvenient forum. The Company agrees that any action on or
proceeding brought against the Greentree shall only be brought in such
courts.

       

      7.           No
Brokers.  The Company represents and warrants to Greentree that
there are no brokers, representatives or other persons which have an interest in
compensation due to Greentree from any services contemplated
herein.

      

      8.           Authorization.  The
Company and Greentree represent and warrant that each has all requisite power
and authority, and all necessary authorizations, to enter into and carry out the
terms and provisions of this Agreement and the execution, delivery and
performance of this Agreement does not breach or conflict with any agreement,
document or instrument (including contracts, wills, agreements, records and wire
receipts, etc.) to which it is a party or bound.

      

      9.           Miscellaneous.  This
Agreement constitutes the entire understanding and agreement between the Company
and Greentree with respect to the subject matter hereof and supersedes all prior
understandings or agreements between the parties with respect thereto, whether
oral or written, express or implied.  Any amendments or modifications
must be executed in writing by both parties.  This Agreement and all
rights, liabilities and obligations hereunder shall be binding upon and inure to
the benefit of each party’s successors but may not be assigned without the prior
written approval of the other party.  If any provision of this
Agreement shall be held or made invalid by a statute, rule, regulation, decision
of a tribunal or otherwise, the remainder of this Agreement shall not be
affected thereby and, to this extent, the provisions of this Agreement shall be
deemed to be severable.  This Agreement may be executed in any number
of counterparts, each of which, shall be deemed to be an original, but such
counterparts shall, together, constitute only one instrument.  The
descriptive headings of the Paragraphs of this Agreement are inserted for
convenience only, do not constitute a part of this Agreement and shall not
affect in any way the meaning or interpretation of this Agreement.

      

      Please
confirm that the foregoing correctly sets forth our agreement by signing below
in the space provided and returning this Agreement to Greentree for execution,
which shall constitute a binding agreement as of the date first above
written.

      

      Thank
you.  We look forward to a mutually rewarding
relationship.

      

      GREENTREE
FINANCIAL GROUP, INC.

      

       

      /s/ R. Chris
Cottone

      Name:
R. Chris Cottone

      Title:   Vice-President

      

      

      AGREED
TO AND ACCEPTED

      AS
OF May 5, 2008

      

      

      MURALS BY
MAURICE, INC.

       

      /s/ Maurice
Katz

      Name:
Maurice Katz

      Title:   President

       

      

      EXHIBIT
A: INDEMNIFICATION

      

      The
Company agrees to indemnify Greentree, its employees, directors, officers,
agents, affiliates, and each person, if any, who controls it within the meaning
of either Section 20 of the Securities Exchange Act of 1934 or Section 15 of the
Securities Act of 1933 (each such person, including Greentree is referred to as
"Indemnified Party") from and against any losses, claims, damages and
liabilities, joint or several (including all legal or other expenses reasonably
incurred by an Indemnified Party in connection with the preparation for or
defense of any threatened or pending claim, action or proceeding, whether or not
resulting in any liability) ("Damages"), to which such Indemnified Party, in
connection with providing its services or arising out of its engagement
hereunder, may become subject under any applicable Federal or state law or
otherwise, including but not limited to liability or loss (i) caused by or
arising out of an untrue statement or an alleged untrue statement of a material
fact or omission or alleged omission to state a material fact necessary in order
to make a statement not misleading in light of the circumstances under which it
was made, (ii) caused by or arising out of any act or failure to act, or (iii)
arising out of Greentree's engagement or the rendering by any Indemnified Party
of its services under this Agreement; provided, however, that the Company will
not be liable to the Indemnified Party hereunder to the extent that any Damages
are found in a final non-appealable judgment by a court of competent
jurisdiction to have resulted from the gross negligence or willful misconduct of
the Indemnified Party seeking indemnification hereunder.

      

      These
indemnification provisions shall be in addition to any liability which the
Company may otherwise have to any Indemnified Party.

      

      If
for any reason, other than a final non-appealable judgment finding an
Indemnified Party liable for Damages for its gross negligence or willful
misconduct the foregoing indemnity is unavailable to an Indemnified Party or
insufficient to hold an Indemnified Party harmless, then the Company shall
contribute to the amount paid or payable by an Indemnified Party as a result of
such Damages in such proportion as is appropriate to reflect not only the
relative benefits received by the Company and its shareholders on the one hand
and the Indemnified Party on the other, but also the relative fault of the
Company and the Indemnified Party as well as any relevant equitable
considerations.

      

      Promptly
after receipt by the Indemnified Party of notice of any claim or of the
commencement of any action in respect of which indemnity may be sought, the
Indemnified Party will notify the Company in writing of the receipt or
commencement thereof and the Company shall have the right to assume the defense
of such claim or action (including the employment of counsel reasonably
satisfactory to the Indemnified Party and the payment of fees and expenses of
such counsel), provided that the Indemnified Party shall have the right to
control its defense if, in the opinion of its counsel, the Indemnified Party's
defense is unique or separate to it as the case may be, as opposed to a defense
pertaining to the Company.  In any event, the Indemnified Party shall
have the right to retain counsel reasonably satisfactory to the Company, at the
Company's sole expense, to represent it in any claim or action in respect of
which indemnity may be sought and agrees to cooperate with the Company and the
Company's counsel in the defense of such claim or action.  In the
event that the Company does not promptly assume the defense of a claim or
action, the Indemnified Party shall have the right to employ counsel to defend
such claim or action. Any obligation pursuant to this Annex shall survive the
termination or expiration of the Agreement.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00168-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00168-of-00352.parquet"}]]