Document:

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Exhibit 4.5

                                    CONSULTING AGREEMENT

This term sheet is intended to set forth the agreement reached by and between
Security Asset Capital Corporation, (SCYA), 701 B Street #1775, San Diego,
California, 92101 and Lawrence Dwyer, (LD), Bedford New York with regards to
providing consulting services by LD to SCYA.

TERM: The term of this agreement shall be for one year that shall have deemed to
commenced on June 18, 2002. This agreement shall terminate on June 17, 2003 and
any and all extensions or modifications shall be by subsequent written agreement
of the parties.

SCOPE OF WORK: LD shall provide SCYA with consulting services that include
assisting SCYA in developing its technology process specifically for its Debt
Registry function which has been created by SCYA for the purposes of registering
consumer debt considered in default by various creditors including banks and
other lending institutions; developing a potential insurance product which will
insure that proper title has passed from sellers of bulk consumer debt to buyers
of bulk consumer debt; assisting in introductions to lending institutions which
are in the business either selling or buying consumer debt; assistance in the
development of marketing strategies for SCYA; assistance in procuring investors
and/or lenders for the company either through private placements or through the
public offering of securities which shall always be in conformity with law.

It is expressly understood that LD shall not be required to provide full time
work to SCYA but shall make himself reasonably available for consultations and
meetings. It is further expressly understood that LD shall not be required to
join the company's Board of Directors nor shall he be considered an officer or a
person with authority to bind the company in any way. SCYA acknowledges that LD
has introduced Charles S. Brofman and James D. Burchetta to SCYA and that said
introductions are deemed to have had a material positive impact which may be
continuous in nature, upon the Company's business.

COMPENSATION LD shall receive as compensation for the services set forth herein,
five hundred thousand shares of SCYA - regardless of their value at the time of
issuance - which shares shall be fully registered without restriction and shall
be fully capable of sale on the open market. SCYA shall immediately take such
steps as are necessary to register and issue said shares of stock as are
necessary to comply with this term sheet and in accordance with applicable
federal, state and local laws. . Furthermore, LD shall receive a warrant for the
stock of SCYA which warrant shall permit LD to purchase for a period of five
years, five hundred thousand shares of stock at a price of 9 cents per share. It
is further agreed that LD shall have the right to transfer said shares and
warrant to Leader Associates, Inc., a New York corporation of which he is the
President, and a Director. SCYA shall also reimburse LD for all expenses such as
travel, meals, etc. which shall not be expended by LD without the prior approval
of SCYA. It is understood that there shall be no obligation on the part of LD to
perform any services hereunder until such time as said shares of stock have been
issued and delivered to him in accordance with this agreement.

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PRESS RELEASES The parties shall not issue any press releases without the mutual
consent of each other. The time and manner of said releases shall also be agreed
upon by the parties. SCYA shall not be permitted to use the names "Lawrence
Dwyer" or "Leader Associates", in any marketing and promotional material or in
any press releases, without the express written consent of LD.

BINDING NATURE This term sheet shall be binding upon the parties when fully
executed subject only to a more formal written agreement. However, the failure
on the part of SCYA to deliver the aforementioned shares of stock in accordance
with this term sheet by close of business July 22, 2002, shall be deemed to be a
material breach and SCYA shall not thereafter be entitled to receive any of the
services or products to be rendered by LD.

JURISDICTION In the event a dispute arises between the parties hereunder,
jurisdiction is, by consent, agreed to be in the courts of the State of New
York, County of Westchester. Furthermore, it is agreed that this agreement has
been entered into in the State of New York, County of Westchester.

Dated:   June       2002

/S/ Lawrence Dwyer                          /S/ David Walton
----------------------                      -------------------------
Lawrence Dwyer                              David Walton, CEO

/S/ Richard Wensel                          /S/ Darrell Musick
----------------------                      -------------------------
Richard Wensel, Ex. V.P.                    Darrell Musick, PresidentExhibit 10.1

                             MCG CAPITAL CORPORATION
                          1100 Wilson Blvd., Suite 800
                            Arlington, Virginia 22209

                                  July 19, 2002

NBG Radio Network, Inc.
The Cascade Building
520 SW Sixth Avenue
7th Floor
Portland, Oregon 97204
Attention: John A. Holmes, III, President

                  Re:      Waiver and Amendment Number Two to Credit Agreement
                           ("Waiver and Amendment")

Sir or Madam:

                  Reference is hereby made to that certain Credit Facility
Agreement (as amended and modified from time to time, the "Credit Agreement")
dated as of June 29, 2001, by and among NBG Radio Network, Inc. ("NBG"), and
certain of its direct and indirect Subsidiaries (each, including NBG, a
"Borrower"; collectively, including NBG, the "Borrowers"), and the Lenders
referred to therein, and MCG Capital Corporation ("MCG"), for its own account as
Lender and as administrative agent ("Administrative Agent"). Capitalized terms
used herein but not defined shall have the meaning given to such terms in the
Credit Agreement.

Waiver.
------

                  Under Section 4.1 of the Credit Agreement, as of May 31, 2002:
(i) Borrowers' Quarterly OCF should not have been less than $500,000, but was in
fact $293,225, and (ii) Borrowers' Cumulative Revenue should not have been less
than $5,900,000, but was in fact $5,696,084. Through this Waiver and Amendment,
Lenders hereby waive and agree that Borrowers' failure to comply with the
foregoing financial covenants as of May 31, 2002 only will no longer constitute
a Default or an Event of Default under Section 4.1 of the Credit Agreement or
Section 7.1.3 of the Credit Agreement.

Amendment.
---------

                  Borrowers have requested and Lenders have agreed to amend and
restate the financial covenants under Section 4.1 of the Credit Agreement.
Accordingly, for good and valuable consideration (receipt and sufficiency of
which are hereby acknowledged), and intending to be legally bound hereby, each
Borrower, Administrative Agent and each Lender hereby agree that Section 4.1 of
the Credit Agreement is hereby amended and restated in its entirety as follows:

         "4.1. Financial and Operating Covenants and Ratios. As of the end of
each fiscal quarter - beginning with the respective fiscal quarters ending on
the dates set forth below - Borrowers (on a consolidated basis) will satisfy
each of the following financial ratios and characteristics, each of which will
be determined using GAAP consistently applied, except as otherwise expressly
provided:

                  4.1.1.   Interest Coverage Ratio. A ratio of OCF to Interest
         Expense of not less than the following:

                           a.       1.50-to-1.0, from November 30, 2002 through
                                    February 27, 2003; and
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                           b.       2.50-to-1.0, from and after February 28,
                                    2003.

                  4.1.2. Total Charge Coverage Ratio. A ratio of OCF to Total
         Charges of not less than 1.0-to-1.0 from and after November 30, 2002.

                  4.1.3. Cash Flow Leverage Ratio. A ratio of Funded Debt to OCF
         of not more than the following:

                           a.       3.00-to-1.0, from November 30, 2002 through
                                    February 27, 2003; and

                           b.       2.00-to-1.0, from February 28, 2003 through
                                    November 29, 2003; and

                           c.       1.00-to-1.0, from and after November 30,
                                    2003.

                  4.1.4. Maximum Programming Obligations and Affiliate Station
         Expenses. The amount of Cumulative Programming Obligations of Borrowers
         and Cumulative Affiliate Station Expenses of Borrowers (on a
         consolidated basis) will not exceed the amounts set forth below,
         compliance with such covenant to be measured on a cumulative basis as
         of the end of each fiscal quarter:

                         Percentage of Upfront Revenues
                         ------------------------------

         Fiscal Year          Cumulative Programming        Cumulative Affiliate
         Ending               Obligations                   Station Expenses

         11/30/2002           See Below                     See Below
         11/30/2003           28.9%                         6.7%
         Thereafter           28.9%                         4.6%

         Notwithstanding the foregoing, the maximum aggregate amount of
         Cumulative Programming Obligations shall not exceed $2.4 million and
         Cumulative Affiliate Station Expenses shall not exceed $2.8 million for
         fiscal year ending November 30, 2002.

                  4.1.5. Minimum Adjusted OCF. OCF for the immediately preceding
         four fiscal quarters of not less than the following:

                           a.       ($100,000) as of August 31, 2002; and

                           b.       $2,000,000 as of November 30, 2002.

                  4.1.6. Minimum Quarterly OCF. OCF for the immediately
         preceding fiscal quarter of not less than the following:

                           a.       $500,000 as of August 31, 2002; and

                           b.       $1,000,000 as of November 30, 2002.

                  4.1.7. Minimum Cumulative Revenue. Cumulative Revenue, meaning
         Gross Revenue as determined in accord with GAAP, prior to agent
         commissions and sales rep commission, dating from December 1, 2001 of
         not less than the following:

                           a.       $9,248,000 as of August 31, 2002; and

                           b.       $12,800,000 as of November 30, 2002."
<PAGE>
                  Upon execution of this Waiver and Amendment, Borrowers will
pay in immediately available funds to Administrative Agent a Documentation Fee
in the amount of $500 to cover all fees, costs and expenses in connection with
the preparation and execution of this Waiver and Amendment.

                  Except as expressly stated herein, all other terms of the Loan
Documents remain in full force and effect and unchanged. This Waiver and
Amendment will not obligate Administrative Agent or Lenders to otherwise consent
to any actions or inactions in the future or to amend any Loan Document in any
manner at any time in the future or to waive compliance (temporarily or
otherwise) with any provision of any Loan Document. This Waiver and Amendment
may be executed in counterparts and delivered by facsimile, and each such
counterpart and facsimile shall be considered an effective original.

                  [Remainder of Page Intentionally Left Blank]

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                  IN WITNESS WHEREOF, the undersigned (where appropriate, by
their duly authorized officers) have executed this Waiver and Amendment, as an
instrument under seal (whether or not any such seals are physically attached
hereto), as of the day and year first above written.

ATTEST:                                   NBG RADIO NETWORK, INC.

By:  /s/ John J. Brumfield                By:  /s/ John A. Holmes III
     Name:  John J. Brumfield                  Name:  John A. Holmes III
     Title:  Secretary                         Title:  President

[SEAL]

ATTEST:                                   GLENN FISHER ENTERTAINMENT CORPORATION

By:  /s/ John J. Brumfield                By:  /s/ John A. Holmes III
     Name:  John J. Brumfield                  Name:  John A. Holmes III
     Title:  Secretary                         Title:  President

[SEAL]

WITNESS:                                  MCG CAPITAL CORPORATION
                                          (in its own capacity as Administrative
                                          Agent and Lender, and as servicer for
                                          its funding affiliates and
                                          securitization vehicles)

By:                                       By: /s/ Nick C. Krawczyk
   -----------------------------------         Name: Nick C. Krawczyk
                                               Title:  Vice President

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