Document:

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                                                                 EXHIBIT 10.15

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<S>                                        <C>                        <C>

              INSURANCE COVERAGE FOR THE BENEFIT OF BANK    6517346889

TO:      INSURANCE AGENT                                          OWNER:

                                                                        NUTECH DIGITAL, INC.
                                                                        -----------------------------------
Policy Number                                                     Name

                                                                        7900 GLORIA AVENUE
                                                                        -----------------------------------
Telephone Number                                                  Address

                                                                         VAN NUYS, CA 91406
                                                                       ------------------------------------
Insurance Company Name                                               City  State Zip Code

--------------------------------------
Insurance Agent's Name

--------------------------------------
Address

--------------------------------------
City           State        Zip Code

As set forth below, this is a request and authorization that you name "U.S. BANK
N.A." (the "Bank") as "Lenders  Loss Payee" and/or  "Mortgagee  Payee" under our
property coverage from
 (insert name of insurance company) as follows:

                       [FILL OUT THE APPROPRIATE SECTIONS]

|X| Lenders Loss Payee on all our tangible personal property in the minimum amount of $640, 000.00         and on
                                                                                       -------------------
any Business Interuption  Insurance we have bound.

[ ] Lenders Loss Payee on that equipment described below or on the attached sheet in the minimum amount of $
                                                                                                            ------------

[ ]  Lenders  Loss  Payee on motor  vehicles  up to their  insurable  value,  as
described below or on the attached sheet.

------------------------------                    ------------------               ----------------
              Year                                     Make                               Model
         VIN/Serial Number

------------------------------                    ------------------               ----------------
              Year                                     Make                               Model
         VIN/Serial Number

[ ] Mortgagee  Payee on real estate at the following  locations with coverage in
the amounts specified:

-------------------------            $_________________________________________________________________________________
    Address                                                                                        City    State
Amount of Coverage

-------------------------            $_________________________________________________________________________________
    Address                                                                                        City    State
Amount of Coverage

-------------------------            $_________________________________________________________________________________
    Address                                                                                        City    State
Amount of Coverage

The Bank will require a binder or certificate  showing such coverage and listing
the Bank as LENDERS  LOSS PAYEE  and/or  MORTGAGEE  PAYEE as stated  above,  or,
alternatively, please provide the Bank with language from the policy showing its
"Lender Loss Payee" and/or  "Mortgagee  Payee"  coverage.  Such coverage  should
insure  that the Bank is paid in the event of loss  despite  any  neglect on our
part, and that the Bank is given prior notice of cancellation.

Lastly,  the Bank  requires  that there be no other loss payee  and/or/mortgagee
payee on its collateral without its consent. If there presently exists any other
loss payee  and/or  mortgagee  payee on such  collateral,  please  itemize  such
parties and their insured collateral on a separate attachment.

Please send the binder/certificate and any applicable loss payee/mortgagee list to:     U.S. BANK N.A.
                                                                                        ---------------------

                                   18
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Attn:  Corporate Loan Servicing Center-

 Commercial Collateral

#6517346889

P.O. BOX 5308

PORTLAND, OR 97228-5308

Please direct any questions regarding this request to                                   .   Thank   you  for   your
                                                      -----------------------------------
assistance.

NUTECH DIGITAL, INC.
--------------------------------------------------------------

 (Owner Name)

By:
    ----------------------------------------------------------------------------

(Owner's Signature)

LEE KASPER
---------------------------------------
Name and Title: PRESIDENT / SECRETARY

(For Company Only)
                                       19

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<PAGE>Exhibit 10.32

                             DEMAND PROMISSORY NOTE

$26,300,000.00                                                 December 31, 2002

      ON DEMAND, FOR VALUE RECEIVED, the undersigned, Trenwick America
Corporation, a Delaware corporation (the "Borrower"), hereby promises to pay to
the order of The Insurance Corporation of New York, a New York corporation (the
"Lender"), the aggregate principal sum of TWENTY-SIX MILLION THREE HUNDRED
THOUSAND DOLLARS ($26,300,000.00) advanced to the Borrower by the Lender on the
respective dates set forth on Schedule I annexed hereto (each an "Advance", and
collectively the "Advances") and unpaid as of the date hereof, or such lesser
unpaid principal balance as shall be outstanding hereunder, together with
interest on the unpaid principal balance from time to time outstanding from the
date of each Advance at a rate and upon the terms provided in this Note.

      The Borrower shall pay on demand the unpaid principal sum of each Advance
and interest thereon from and including the date each Advance was made as set
forth on Schedule I hereto to but not including the date on which the unpaid
principal sum of such Advance shall be paid in full, at a fluctuating interest
rate equal to the One Year Treasury Rate in effect on the date such Advance was
made, commencing on the date of each Advance. For purposes of this Note, the
"One Year Treasury Rate" means the annual yield rate, on the date to which the
One Year Treasury Rate relates, of actively traded U.S. Treasury securities
having a remaining duration to maturity of one year, as such rate is published
under "Treasury Constant Maturities" in Federal Reserve Statistical Release
H.15(519). Interest on the unpaid principal sum of each Advance shall be
computed on the basis of the actual number of days elapsed over a year of 360
days. If the Borrower shall default in the payment of principal or interest on
any Advance, the Borrower shall on demand pay interest, to the extent permitted
by applicable law, on such defaulted sum at a rate per annum which is 2% above
the rate which would otherwise be applicable as set forth in this Note.

      The Borrower waives presentment, demand for payment, protest and notice of
dishonor of this Note. This Note may not be waived, modified, changed or
discharged orally, but only by an agreement in writing, which is signed by the
party or parties against whom enforcement of any waiver, modification, change or
discharge is sought.

      THIS NOTE SHALL BE GOVERNED BY INTERPRETED AND CONSTRUED IN ACCORDANCE
WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAWS
PRINCIPLES.

                                       1

<PAGE>

      The Borrower agrees to pay all costs and expenses (including court costs
and reasonable attorney's fees and expenses) that may be incurred by the holder
of this Note in connection with the enforcement of this Note.

TRENWICK AMERICA CORPORATION

By: /s/ Alan L. Hunte
   -------------------------------------
   Name:  Alan L. Hunte
   Title: Executive Vice President and
          Chief Financial Officer

                                       2

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                              INSCORP due from TAC
                   Intercompany Loans as at December 31, 2002
                  ---------------------------------------------
                          Date                        Loans
                  --------------------          ---------------

                    May 21, 2002                    3,800,000
                    May 24, 2002                    1,500,000
                    June 17, 2002                  10,000,000
                    July 1, 2002                    3,000,000
                    July 31, 2002                   2,000,000
                    August 26, 2002                 2,000,000
                    October 15, 2002                2,000,000
                    November 6, 2002                2,000,000

                                                   ----------
                  Balance @ December 31, 2002      26,300,000
                                                   ==========

                                       3Exhibit 10.33

                             DEMAND PROMISSORY NOTE

$33,300,000.00                                                 December 31, 2002

      ON DEMAND, FOR VALUE RECEIVED, the undersigned, Trenwick America
Corporation, a Delaware corporation (the "Borrower"), hereby promises to pay to
the order of Trenwick America Reinsurance Corporation, a Connecticut corporation
(the "Lender"), the aggregate principal sum of THIRTY-THREE MILLION THREE
HUNDRED THOUSAND DOLLARS ($33,300,000.00) advanced to the Borrower by the Lender
on the respective dates set forth on Schedule I annexed hereto (each an
"Advance", and collectively the "Advances") and unpaid as of the date hereof, or
such lesser unpaid principal balance as shall be outstanding hereunder, together
with interest on the unpaid principal balance from time to time outstanding from
the date of each Advance at a rate and upon the terms provided in this Note.

      The Borrower shall pay on demand the unpaid principal sum of each Advance
and interest thereon from and including the date each Advance was made as set
forth on Schedule I hereto to but not including the date on which the unpaid
principal sum of such Advance shall be paid in full, at a fluctuating interest
rate equal to the One Year Treasury Rate in effect on the date such Advance was
made, commencing on the date of each Advance. For purposes of this Note, the
"One Year Treasury Rate" means the annual yield rate, on the date to which the
One Year Treasury Rate relates, of actively traded U.S. Treasury securities
having a remaining duration to maturity of one year, as such rate is published
under "Treasury Constant Maturities" in Federal Reserve Statistical Release
H.15(519). Interest on the unpaid principal sum of each Advance shall be
computed on the basis of the actual number of days elapsed over a year of 360
days. If the Borrower shall default in the payment of principal or interest on
any Advance, the Borrower shall on demand pay interest, to the extent permitted
by applicable law, on such defaulted sum at a rate per annum which is 2% above
the rate which would otherwise be applicable as set forth in this Note.

      The Borrower waives presentment, demand for payment, protest and notice of
dishonor of this Note. This Note may not be waived, modified, changed or
discharged orally, but only by an agreement in writing, which is signed by the
party or parties against whom enforcement of any waiver, modification, change or
discharge is sought.

      THIS NOTE SHALL BE GOVERNED BY INTERPRETED AND CONSTRUED IN ACCORDANCE
WITH, THE LAWS OF THE STATE OF NEW YORK, WITHOUT REGARD TO CONFLICTS OF LAWS
PRINCIPLES.

                                       1
<PAGE>

      The Borrower agrees to pay all costs and expenses (including court costs
and reasonable attorney's fees and expenses) that may be incurred by the holder
of this Note in connection with the enforcement of this Note.

TRENWICK AMERICA CORPORATION

By: /s/ Alan L. Hunte
   ----------------------------------
      Name:  Alan L. Hunte
      Title: Executive Vice President and
             Chief Financial Officer

                                       2
<PAGE>

                               TARCO due from TAC
                   Intercompany Loans as at December 31, 2002
                  -------------------------------------------
                              Date                    Loans
                  ---------------------------      ----------

                    June 4, 2002                    1,300,000
                    June 14, 2002                  14,000,000
                    July 1, 2002                    2,000,000
                    July 16, 2002                   2,000,000
                    July 31, 2002                   2,000,000
                    August 12, 2002                 2,000,000
                    September 10, 2002              2,000,000
                    October 3, 2002                 2,000,000
                    October 15, 2002                2,000,000
                    November 20, 2002               2,000,000
                    December 17, 2002               2,000,000

                                                   ----------
                  Balance @ December 31, 2002      33,300,000
                                                   ==========

                                       3

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