Document:

This
      Note
      is a Global Security within the meaning of the Indenture hereinafter referred
      to
      and is registered in the name of the Depository named below or a nominee of
      the
      Depository. This Note is not exchangeable for Notes registered in the name
      of a
      Person other than the Depository or its nominee except in the limited
      circumstances described herein and in the Indenture, and no transfer of this
      Note (other than a transfer of this Note as a whole by the Depository to a
      nominee of the Depository or by a nominee of the Depository to the Depository
      or
      another nominee of the Depository) may be registered except in the limited
      circumstances described herein.

    

    Unless
      this certificate is presented by an authorized representative of The Depository
      Trust Company, a New York corporation (the "Depository"), to the Company or
      its
      agent for registration of transfer, exchange, or payment, and any certificate
      issued is registered in the name of Cede & Co. or in such other name as is
      requested by an authorized representative of the Depository (and any payment
      is
      made to Cede & Co. or to such other entity as is requested by an authorized
      representative of the Depository), ANY TRANSFER, PLEDGE, OR OTHER USE HEREOF
      FOR
      VALUE OR OTHERWISE BY OR TO ANY PERSON IS WRONGFUL inasmuch as the registered
      owner hereof, Cede & Co., has an interest herein.

    

    CITIGROUP
      INC.

    6.125%
      Notes due November 21, 2017

    
      
        	REGISTERED 	
                REGISTERED 

              
	 	 
	 	
                CUSIP:
                  172967 EM 9

                ISIN:
                  US172967EM99

                Common
                  Code: 033213352

              
	 	 
	No. R-_______	
                $___________

              

      

    

    

    CITIGROUP
      INC., a Delaware corporation (the "Company", which term includes any successor
      Person under the Indenture), for value received, hereby promises to pay to
      Cede
& Co., or registered assigns, the principal sum of $___________ on November
      21, 2017 and
      to
      pay interest thereon from and including November 21, 2007 or from the most
      recent Interest Payment Date to which interest has been paid or duly provided
      for, semi-annually, on May 21 and November 21 of each year, commencing May
      21,
      2008, at the rate of 6.125% per annum, until the principal hereof is paid or
      made available for payment. The interest so payable, and punctually paid or
      duly
      provided for, on any Interest Payment Date will, as provided in the Indenture,
      be paid to the Person in whose name this Note is registered at the close of
      business on the Record Date for such interest, which shall be the May 15 and
      November 15 (whether or not a Business Day) immediately preceding such Interest
      Payment Date.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Any
      such
      interest not so punctually paid or duly provided for will forthwith cease to
      be
      payable to the holder on such Record Date and may either be paid to the Person
      in whose name this Note is registered at the close of business on a subsequent
      Record Date, such subsequent Record Date to be not less than five days prior
      to
      the date of payment of such defaulted interest, notice whereof shall be given
      to
      holders of Notes of this series not less than 15 days prior to such subsequent
      Record Date, or be paid at any time in any other lawful manner not inconsistent
      with the requirements of any securities exchange on which the Notes of this
      series may be listed, and upon such notice as may be required by such exchange,
      all as more fully provided in the Indenture.

    

    Interest
      hereon will be calculated on the basis of a 360-day year comprised of twelve
      30-day months.

    

    If
      either
      an Interest Payment Date or the Maturity of the Notes falls on a day that is
      not
      a Business Day, such Interest Payment Date or Maturity will be the next
      succeeding Business Day. If a date for payment of interest or principal on
      the
      Notes falls on a day that is not a business day in the place of payment, such
      payment will be made on the next succeeding business day in such place of
      payment as if made on the date the payment was due. No interest will accrue
      on
      any amounts payable for the period from and after the due date for payment
      of
      such principal or interest. 

    

    For
      these
      purposes, “Business Day” means any day which is a day on which commercial banks
      settle payments and are open for general business in The City of New
      York.

    

    Payment
      of the principal of and interest on this Note will be made at the office or
      agency of the Trustee maintained for that purpose in The City of New
      York.

    

    Reference
      is hereby made to the further provisions of this Note set forth on the reverse
      hereof, which further provisions shall for all purposes have the same effect
      as
      if set forth at this place.

    

    Unless
      the certificate of authentication hereon has been executed by the Trustee or
      by
      an authenticating agent on behalf of the Trustee by manual signature, this
      Note
      shall not be entitled to any benefit under the Indenture or be valid or
      obligatory for any purpose.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the Company has caused this instrument to be duly executed
      under its corporate seal.

    

    Dated:
      November 21, 2007

     

    
      	 	 	 
	 	CITIGROUP
              INC.
	 
 	 
 	 
 
	 	By:  	 
	 	
              
Title:
              Chief Accounting
              Officer

    

    

    ATTEST:

    

    By:
      

    
      
        

      

    

    Title:
      Assistant Secretary

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    

    This
      is
      one of the Notes of the series issued under the within-mentioned
      Indenture.

    

    Dated:
      November
      21, 2007

     

    
      	 	 	 
	 	
              THE
                BANK OF NEW YORK,

              as
                Trustee

            
	 
 	 
 	 
 
	 	By:  	 
	 	
              
Name:
	 	Title:

    

     

    
      	 	 	 
	 	-or-
	 	 
	 	
              CITIBANK,
                N.A.,

              as
                Authenticating Agent

            
	 
 	 
 	 
 
	 	By:  	 
	 	
              
Name:
	 	Title:

    

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    

    This
      Note
      is one of a duly authorized issue of Securities of the Company (the "Notes"),
      issued and to be issued in one or more series under the Indenture, dated as
      of
      March 15, 1987 (as amended and supplemented to date, the "Indenture"), between
      the Company and The Bank of New York, as Trustee (the "Trustee", which term
      includes any successor trustee under the Indenture), to which Indenture and
      all
      indentures supplemental thereto reference is hereby made for a statement of
      the
      respective rights, limitations of rights, duties and immunities thereunder
      of
      the Company, the Trustee and the holders of the Notes and of the terms upon
      which the Notes are, and are to be, authenticated and delivered. This Note
      is
      one of the series designated on the face hereof, initially limited in aggregate
      principal to $4,000,000,000.

    

    If
      an
      event of default (as defined in the Indenture) with respect to Notes of this
      series shall occur and be continuing, the principal of the Notes of this series
      may be declared due and payable in the manner and with the effect provided
      in
      the Indenture.

    

    The
      Indenture contains provisions for defeasance at any time of the entire
      indebtedness of this Note upon compliance by the Company with certain conditions
      set forth in Sections 11.03 and 11.04 thereof, which provisions apply to this
      Note.

    

    The
      Indenture contains provisions permitting the Company and the Trustee, without
      the consent of the holders of the Securities, to establish, among other things,
      the form and terms of any series of Securities issuable thereunder by one or
      more supplemental indentures, and, with the consent of the holders of not less
      than 66 2/3% in aggregate principal amount of Securities at the time outstanding
      which are affected thereby, to modify the Indenture or any supplemental
      indenture or the rights of the holders of Securities of such series to be
      affected, provided that no such modification will (i) extend the fixed maturity
      of any Securities, reduce the rate or extend the time of payment of interest
      thereon, reduce the principal amount thereof or the premium, if any, thereon,
      reduce the amount of the principal of Original Issue Discount Securities payable
      on any date, change the currency in which Securities are payable, or impair
      the
      right to institute suit for the enforcement of any such payment on or after
      the
      maturity thereof, without the consent of the holder of each Security so
      affected, or (ii) reduce the aforesaid percentage of Securities of any series
      the consent of the holders of which is required for any such modification
      without the consent of the holders of all Securities of such series then
      outstanding, or (iii) modify, without the written consent of the Trustee, the
      rights, duties or immunities of the Trustee.

    

    No
      reference herein to the Indenture and no provision of this Note or of the
      Indenture shall alter or impair the obligation of the Company, which is absolute
      and unconditional, to pay the principal of and interest on this Note at the
      times, place and rate, and in the coin or currency, herein
      prescribed.

    

    This
      Note
      is a Global Security registered in the name of a nominee of the Depository.
      This
      Note is exchangeable for Notes registered in the name of a person other than
      the
      Depository or its nominee only in the limited circumstances hereinafter
      described. Unless and until it is exchanged in whole or in part for definitive
      Notes in certificated form, this Note may not be transferred except as a whole
      by the Depository to a nominee of the Depository or by a nominee of the
      Depository to the Depository or another nominee of the Depository.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    

    The
      Notes
      represented by this Global Security are exchangeable for definitive Notes in
      certificated form of like tenor as such Notes in denominations of $1,000 and
      whole multiples of $1,000 in excess thereof only if (i) the Depository
      notifies the Company that it is unwilling or unable to continue as Depository
      for the Notes or (ii) the Depository ceases to be a clearing agency registered
      under the Securities Exchange Act of 1934, as amended, or (iii) the Company
      in
      its sole discretion decides to allow the Notes to be exchanged for definitive
      Notes in registered form. Any Notes that are exchangeable pursuant to the
      preceding sentence are exchangeable for certificated Notes issuable in
      authorized denominations and registered in such names as the Depository shall
      direct. As provided in the Indenture and subject to certain limitations therein
      set forth, the transfer of definitive Notes in certificated form is registrable
      in the register maintained by the Company in The City of New York for such
      purpose, upon surrender of the definitive Note for registration of transfer
      at
      the office or agency of the registrar, duly endorsed by, or accompanied by
      a
      written instrument of transfer in form satisfactory to the Company and the
      registrar duly executed by, the holder thereof or his attorney duly authorized
      in writing, and thereupon one or more new Notes of this series and of like
      tenor, of authorized denominations and for the same aggregate principal amount,
      will be issued to the designated transferee or transferees. Subject to the
      foregoing, this Note is not exchangeable, except for a Global Security or Global
      Securities of this issue of the same principal amount to be registered in the
      name of the Depository or its nominee.

    

    No
      service charge shall be made for any such registration of transfer or exchange,
      but the Company may require payment of a sum sufficient to cover any tax or
      other governmental charge payable in connection therewith.

    

    Prior
      to
      due presentment of this Note for registration of transfer, the Company, the
      Trustee and any agent of the Company or the Trustee may treat the Person in
      whose name this Note is registered as the owner hereof for all purposes, whether
      or not this Note be overdue, and neither the Company, the Trustee nor any such
      agent shall be affected by notice to the contrary.

    

    The
      Company will pay additional amounts ("Additional Amounts") to the beneficial
      owner of any Note that is a non-United States person in order to ensure that
      every net payment on such Note will not be less, due to payment of U.S.
      withholding tax, than the amount then due and payable. For this purpose, a
      "net
      payment" on a Note means a payment by the Company or a paying agent, including
      payment of principal and interest, after deduction for any present or future
      tax, assessment or other governmental charge of the United States. These
      Additional Amounts will constitute additional interest on the Note.

    

    The
      Company will not be required to pay Additional Amounts, however, in any of
      the
      circumstances described in items (1) through (13) below.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    

    
      	 	
              (1)

            	
              Additional
                Amounts will not be payable if a payment on a Note is reduced as
                a result
                of any tax, assessment or other governmental charge that is imposed
                or
                withheld solely by reason of the beneficial
                owner:

            

    

    

    
      	 	 	
              (a)

            	
              having
                a relationship with the United States as a citizen, resident or
                otherwise;

            

    

    
      	 	 	
              (b)

            	
              having
                had such a relationship in the past
                or

            

    

    
      	 	 	
              (c)

            	
              being
                considered as having had such a
                relationship.

            

    

    

    
      	 	
              (2)

            	
              Additional
                Amounts will not be payable if a payment on a Note is reduced as
                a result
                of any tax, assessment or other governmental charge that is imposed
                or
                withheld solely by reason of the beneficial
                owner:

            

    

    

    
      	 	
               

            	
              (a)

            	
              being
                treated as present in or engaged in a trade or business in the United
                States;

            

    

    
      	 	
               

            	
              (b)

            	
              being
                treated as having been present in or engaged in a trade or business
                in the
                United States in the past or

            

    

    
      	 	
               

            	
              (c)

            	
              having
                or having had a permanent establishment in the United
                States.

            

    

    

    
      	 	
              (3)

            	
              Additional
                Amounts will not be payable if a payment on a Note is reduced as
                a result
                of any tax, assessment or other governmental charge that is imposed
                or
                withheld in whole or in part by reason of the beneficial owner being
                or
                having been any of the following (as such terms are defined in the
                Internal Revenue Code of 1986, as
                amended):

            

    

    

    
      	 	
               

            	
              (a)

            	
              personal
                holding company;

            

    

    
      	 	
               

            	
              (b)

            	
              foreign
                personal holding company;

            

    

    
      	 	
               

            	
              (c)

            	
              foreign
                private foundation or other foreign tax-exempt
                organization;

            

    

    
      	 	
               

            	
              (d)

            	
              passive
                foreign investment company;

            

    

    
      	 	
               

            	
              (e)

            	
              controlled
                foreign corporation or

            

    

    
      	 	
               

            	
              (f)

            	
              corporation
                which has accumulated earnings to avoid United States federal income
                tax.

            

    

    

    
      	 	
              (4)

            	
              Additional
                Amounts will not be payable if a payment on a Note is reduced as
                a result
                of any tax, assessment or other governmental charge that is imposed
                or
                withheld solely by reason of the beneficial owner owning or having
                owned,
                actually or constructively, 10 percent or more of the total combined
                voting power of all classes of stock of the Company entitled to vote
                or by
                reason of the beneficial owner being a bank that has invested in
                a Note as
                an extension of credit in the ordinary course of its trade or
                business.

            

    

    

    For
      purposes of items (1) through (4) above, "beneficial owner" means a
      fiduciary, settlor, beneficiary, member or shareholder of the holder if the
      holder is an estate, trust, partnership, limited liability company, corporation
      or other entity, or a person holding a power over an estate or trust
      administered by a fiduciary holder.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    

    
      	 	
              (5)

            	
              Additional
                Amounts will not be payable to any beneficial owner of a Note that
                is
                a:

            

    

    

    
      	 	
               

            	
              (a)

            	
              fiduciary;

            

    

    
      	 	
               

            	
              (b)

            	
              partnership;

            

    

    
      	 	
               

            	
              (c)

            	
              limited
                liability company or

            

    

    
      	 	
               

            	
              (d)

            	
              other
                fiscally transparent entity

            

    

    

    
      	 	 	
              or
                that is not the sole beneficial owner of the Note, or any portion
                of the
                Note. However, this exception to the obligation to pay Additional
                Amounts
                will only apply to the extent that a beneficiary or settlor in relation
                to
                the fiduciary, or a beneficial owner or member of the partnership,
                limited
                liability company or other fiscally transparent entity, would not
                have
                been entitled to the payment of an Additional Amount had the beneficiary,
                settlor, beneficial owner or member received directly its beneficial
                or
                distributive share of the payment.

            

    

    

    
      	 	
              (6)

            	
              Additional
                Amounts will not be payable if a payment on a Note is reduced as
                a result
                of any tax, assessment or other governmental charge that is imposed
                or
                withheld solely by reason of the failure of the beneficial owner
                or any
                other person to comply with applicable certification, identification,
                documentation or other information reporting requirements. This exception
                to the obligation to pay Additional Amounts will only apply if compliance
                with such reporting requirements is required by statute or regulation
                of
                the United States or by an applicable income tax treaty to which
                the
                United States is a party as a precondition to exemption from such
                tax,
                assessment or other governmental
                charge.

            

    

    

    
      	 	
              (7)

            	
              Additional
                Amounts will not be payable if a payment on a Note is reduced as
                a result
                of any tax, assessment or other governmental charge that is collected
                or
                imposed by any method other than by withholding from a payment on
                a Note
                by the Company or a paying agent.

            

    

    

    
      	 	
              (8)

            	
              Additional
                Amounts will not be payable if a payment on a Note is reduced as
                a result
                of any tax, assessment or other governmental charge that is imposed
                or
                withheld by reason of a change in law, regulation, or administrative
                or
                judicial interpretation that becomes effective more than 15 days
                after the
                payment becomes due or is duly provided for, whichever occurs
                later.

            

    

    

    
      	 	
              (9)

            	
              Additional
                Amounts will not be payable if a payment on a Note is reduced as
                a result
                of any tax, assessment or other governmental charge that is imposed
                or
                withheld by reason of the presentation by the beneficial owner of
                a Note
                for payment more than 30 days after the date on which such payment
                becomes due or is duly provided for, whichever occurs
                later.

            

    

    

    
      	 	
              (10)

            	
              Additional
                Amounts will not be payable if a payment on a Note is reduced as
                a result
                of any:

            

    

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    
      	 	
               

            	
              (a)

            	
              estate
                tax;

            

    

    
      	 	
               

            	
              (b)

            	
              inheritance
                tax;

            

    

    
      	 	
               

            	
              (c)

            	
              gift
                tax;

            

    

    
      	 	
               

            	
              (d)

            	
              sales
                tax;

            

    

    
      	 	
               

            	
              (e)

            	
              excise
                tax;

            

    

    
      	 	
               

            	
              (f)

            	
              transfer
                tax;

            

    

    
      	 	
               

            	
              (g)

            	
              wealth
                tax;

            

    

    
      	 	
               

            	
              (h)

            	
              personal
                property tax or

            

    

    
      	 	
               

            	
              (i)

            	
              any
                similar tax, assessment, withholding, deduction or other governmental
                charge.

            

    

    

    
      	 	
              (11)

            	
              Additional
                Amounts will not be payable if a payment on a Note is reduced as
                a result
                of any tax, assessment, or other governmental charge required to
                be
                withheld by any paying agent from a payment of principal or interest
                on a
                Note if such payment can be made without such withholding by any
                other
                paying agent.

            

    

    

    
      	 	
              (12)

            	
              Additional
                amounts will not be payable if a payment on a Note is reduced as
                a result
                of any tax, assessment or other governmental charge that is required
                to be
                made pursuant to any European Union directive on the taxation of
                savings
                income or any law implementing or complying with, or introduced to
                conform
                to, any such directive.

            

    

    

    
      	 	
              (13)

            	
              Additional
                Amounts will not be payable if a payment on a Note is reduced as
                a result
                of any combination of items (1) through (12)
                above.

            

    

    

    Except
      as
      specifically provided herein, the Company will not be required to make any
      payment of any tax, assessment or other governmental charge imposed by any
      government or a political subdivision or taxing authority of such
      government.

    

    As
      used
      in this Note, "United States person" means:

    

    
      	 	
              (a)

            	
              any
                individual who is a citizen or resident of the United
                States;

            

    

    
      	 	
              (b)

            	
              any
                corporation, partnership or other entity created or organized in
                or under
                the laws of the United States;

            

    

    
      	 	
              (c)

            	
              any
                estate if the income of such estate falls within the federal income
                tax
                jurisdiction of the United States regardless of the source of such
                income
                and

            

    

    
      	 	
              (d)

            	
              any
                trust if a United States court is able to exercise primary supervision
                over its administration and one or more United States persons have
                the
                authority to control all of the substantial decisions of the
                trust.

            

    

    

    Additionally,
      "non-United States person" means a person who is not a United States person,
      and
      "United States" means the states of the United States of America and the
      District of Columbia, but excluding its territories and its
      possessions.

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    

    Except
      as
      provided below, the Notes may not be redeemed prior to maturity.

     

    (1) The
      Company may, at its option, redeem the Notes if:

    

    
      	 	 	
              (a)

            	
              the
                Company becomes or will become obligated to pay Additional Amounts
                as
                described above;

            

    

    
      	 	 	
              (b)

            	
              the
                obligation to pay Additional Amounts arises as a result of any change
                in
                the laws, regulations or rulings of the United States, or an official
                position regarding the application or interpretation of such laws,
                regulations or rulings, which change is announced or becomes effective
                on
                or after November 14, 2007 and

            

    

    
      	 	 	
              (c)

            	
              the
                Company determines, in its business judgment, that the obligation
                to pay
                such Additional Amounts cannot be avoided by the use of reasonable
                measures available to it, other than substituting the obligor under
                the
                Notes or taking any action that would entail a material cost to the
                Company.

            

    

    

    
      	 	
              (2)

            	
              The
                Company may also redeem the Notes, at its option,
                if:

            

    

    

    
      	 	 	
              (a)

            	
              any
                act is taken by a taxing authority of the United States on or after
                November 14, 2007, whether or not such act is taken in relation to
                the
                Company or any affiliate, that results in a substantial probability
                that
                the Company will or may be required to pay Additional Amounts as
                described
                above;

            

    

    
      	 	 	
              (b)

            	
              the
                Company determines, in its business judgment, that the obligation
                to pay
                such Additional Amounts cannot be avoided by the use of reasonable
                measures available to it, other than substituting the obligor under
                the
                Notes or taking any action that would entail a material cost to the
                Company and

            

    

    
      	 	 	
              (c)

            	
              the
                Company receives an opinion of independent counsel to the effect
                that an
                act taken by a taxing authority of the United States results in a
                substantial probability that the Company will or may be required
                to pay
                the Additional Amounts described under above, and delivers to the
                Trustee
                a certificate, signed by a duly authorized officer, stating that
                based on
                such opinion the Company is entitled to redeem the Notes pursuant
                to their
                terms.

            

    

    

    Any
      redemption of the Notes as set forth in clauses (1) or (2) above shall be in
      whole, and not in part, and will be made at a redemption price equal to 100%
      of
      the principal amount of the Notes Outstanding plus accrued interest thereon
      to
      the date of redemption. Holders shall be given not less than 30 days nor more
      than 60 days prior notice by the Trustee of the date fixed for such
      redemption.

    

    All
      terms
      used in this Note which are defined in the Indenture shall have the meanings
      assigned to them in the Indenture. The Notes are governed by the laws of the
      State of New York.

     

    
      
        
        

      

      
        10Exhibit
      4.1

     

    DISCLOSURE
      SCHEDULES

     

    TO
      THE

     

    SECURITIES
      PURCHASE AGREEMENT

     

    BETWEEN

     

    ASIAN
      FINANCIAL, INC.

     

    AND

     

    THE
      INVESTORS IDENTIFIED ON

    THE
      SIGNATURE PAGES THERETO

     

    DATED
      AS OF OCTOBER 24, 2006

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    These
      Disclosure Schedules are delivered pursuant to Article 3 and Article 4 of that
      certain Securities Purchase Agreement by and between Asian Financial, Inc.
      (the
“Company”)
      and
      the investors identified on the signature pages thereto (the “Investors”)
      dated
      as of October 24, 2006, (the “Agreement”).

     

    The
      section numbers in these Disclosure Schedules correspond to the section numbers
      in the Agreement; however, any information disclosed under any section number
      of
      these Disclosure Schedules shall be deemed to be disclosed and incorporated
      into
      any other sections under the Agreement to which it pertains, whether or not
      the
      specific section numbers are indicated below. Capitalized terms not otherwise
      defined in these Disclosure Schedules have the meanings assigned to them in
      the
      Agreement.

     

    Detailed
      descriptions of contracts, agreements, or other arrangements referred to herein
      (the “Arrangements”)
      have
      been made available to the Investors through the SEC Reports of the Company.
      The
      descriptions of the Arrangements contained in these Disclosure Schedules are
      intended to be summaries and are qualified by the detailed descriptions or
      exhibits contained in the SEC Reports.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    DISCLOSURE
      SCHEDULES

    TO
      THE

    SECURITIES
      PURCHASE AGREEMENT

    BETWEEN

    ASIAN
      FINANCIAL, INC.

    AND

    THE
      INVESTORS IDENTIFIED ON

    THE
      SIGNATURE PAGES THERETO

     

    DATED
      AS OF OCTOBER 24, 2006

    

      
        	
                Schedule:

              	 	
                Description:

              
	
                Schedule
                  3.1(p)

              	 	
                Transactions
                  with Affiliates and Employees 

              
	
                Schedule
                  3.1(s)

              	 	
                Certain
                  Fees

              
	
                Schedule
                  3.1(t)

              	 	
                Certain
                  Registration Matters

              
	
                Schedule
                  4.11

              	 	
                Related
                  Party Transactions 

              

      

    

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      3.1(p)

    TRANSACTIONS
      WITH AFFILIATES AND EMPLOYEES

     

    
      	
              1.

            	
              Duoyuan
                China leases 4,500 square meters of space, located at No. 3 Jinyuan
                Road, Daxing District Industrial Development Area, Beijing, China,
                from
                Duoyuan Water Environment Technology Co., Ltd., of which Wenhua Guo
                is a
                sole shareholder. The property is used as an office building and
                research
                and development center. The lease has a five-year term which runs
                from
                January 1, 2003 to December 31, 2007. The annual rent is
                $136,022.

            

    

     

    
      	
              2.

            	
              Duoyuan
                China uses the trademark “Duoyuan” under a license arrangement with
                Duoyuan Water Environment Company, of which Wenhua Guo is a sole
                shareholder. The trademark license does not have a term. The license
                is
                provided to Duoyuan China at no
                charge.

            

    

     

    
      	
              3.

            	
              Duoyuan
                China uses the patent, “an automatic offset press printing oil supply
                quick clearing devise” under a license arrangement with Huiyuan Duoyuan,
                of which Wenhua Guo is a sole shareholder. The patent license does
                not
                have a term. The license is provided to Duoyuan China at no
                charge.

            

    

     

    
      	
              4.

            	
              Duoyuan
                used to use Tianjin Automobile Water Pump Co., Ltd., of which Wenhua
                Guo
                is a sole shareholder, as supplier of certain key parts of the offset
                presses, such as frame panels and rollers. Duoyuan pre-paid Tianjin
                Water
                Pump Company for these key parts, and as at June 30, 2005, there
                were
                $445,751 left with Tianjin Water Pump Company as related party
                receivables. Tianjin Water Pump Company will continue to provide
                certain
                parts or goods worth $445,751 in the
                future.

            

    

     

    
      	
              5.

            	
              After
                Langfang Duoyuan built its plant, there were construction materials
                worth
                $442,019. When Duoyuan Langfang Water Recycle Equipment Manufacturing
                Co.,
                Ltd., of which Wenhua Guo is a sole shareholder, needed to build
                its own
                plants, Langfang Duoyuan gave these construction materials to it.
                Duoyuan
                Langfang Water Recycle Equipment Manufacturing Co., Ltd. has not
                paid
                Langfang Duoyuan and the money owed to Langfang Duoyuan became $422,019
                related party receivable.

            

    

     

    
      	
              6.

            	
              Duoyuan
                China rents an office building from Duoyuan China Water Recycle Technology
                Industry Co., Ltd., of which Wenhua Guo is a sole shareholder. During
                the
                term of the lease, Duoyuan China Water Recycle Technology Industry
                Co.,
                Ltd. paid Duoyuan China’s portion of electricity and water bill associated
                to the office lease. The amount of electricity and water bill became
                Duoyuan China’s payable to Duoyuan China Water Recycle Technology Industry
                Co., Ltd. Duoyuan China also transferred some of its employees to
                Duoyuan
                China Water Recycle Technology Industry Co., Ltd. Social welfare
                associated to these transferred employees occurred before their transfer
                became Duoyuan China’s payable to Duoyuan China Water Recycle Technology
                Industry Co., Ltd. As of March 31, 2006, Duoyuan China’s payment to
                Duoyuan China Water Recycle Technology Industry Co., Ltd. amounted
                to
                $1,041,001.

            

    

     

    
      	
              7.

            	
              When
                Langfang Duoyuan was established and was building its plants, Duoyuan
                China Information Technology Industry Co., Ltd., of which Wenhua
                Guo is a
                sole shareholder, helped Langfang Duoyuan pay the municipal infrastructure
                allocation fee and helped pay utilities bills such as electricity,
                water,
                heat steam, waster water treatment, etc. The total amount accumulated
                to
                $4,598,000, which became related-party payable by Duoyuan China to
                Duoyuan
                China Information Technology Industry Co.,
                Ltd.

            

    

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      3.1(s) CERTAIN FEES

     

    
      	1.	
              The
                Company is required to pay Roth Capital Partners, LLC certain cash
                fees
                and warrants as compensation for its services as placement agent,
                pursuant
                to its engagement letter with the
                Company.

            

    

     

    
      	2.	
              The
                Company is required to pay Millennium Capital Partners certain fee
                as
                compensation for its advisory services pursuant to an arrangement
                between
                the Company and Millennium Capital
                Partners.

            

    

     

    
      
        
        

      

      
        A-1

        
          

        

      

      
        
        

      

    

    SCHEDULE
      3.1(t)

    CERTAIN
      REGISTRATION MATTERS

     

    
      	1.	
              Pursuant
                to the Equity Transfer Agreement by and between the Company (the
                predecessor of the Company prior to the Reorganization) and DIL,
                if the
                Company proposes to register any of the Company’s stock for resale or
                otherwise under the Securities Act, other than a registration statement
                relating solely to the sale of securities of participants in a Company
                stock plan, a registration relating to a corporate reorganization
                or
                transaction under Rule 145 of the Securities Act, or a registration
                in
                which the only Common Stock being registered is Common Stock issuable
                upon
                conversion of debt securities which are also being registered, the
                Company
                shall, at such time, promptly give holders of an aggregate of 3,500,000
                shares of Common Stock of the Company notice of such registration.
                Upon
                the written request of each such holder, given within 20 days after
                mailing of such notice by the Company, the Company shall use all
                commercially reasonable efforts to cause to be registered under the
                Securities Act all such registrable securities that each such holder
                has
                requested to be registered if any stock of the Company is
                registered.

            

    

     

    
      
        
        

      

      
        D-2

        
          

        

      

      
        
        

      

    

     

    SCHEDULE
      4.11

    RELATED
      PARTY TRANSACTIONS

     

    
      	1.	
              The
                transactions as disclosed under Schedule 3.1(p) hereof and transactions
                that may derive from the Company’s efforts to complete and terminate such
                transactions.

            

    

     

    
      
        
        

      

      
        D-3

        
          

        

      

      
        
        

      

    

     

    Exhibit
      A

     

    PURCHASE
      AGREEMENT

     

    
      
        
        

      

      
        D-4

        
          

        

      

      
        
        

      

    

    Exhibit
      B

     

    List
      of Investors 

     

    Pursuant
      to the Escrow Agreement dated October , 2006 by and between Asian Financial,
      mc:, a Wyoming corporation (the “Company”) and Wells Fargo Bank, National
      Association (the “Escrow Agent”), the Company hereby certifies that the
      following investors have paid money for the purchase of the shares of common
      stock, par value $0.001 per share, of the Company issued or issuable to the
      investors pursuant to the Securities Purchase Agreement, dated October __,
      2006,
      by and between the Company and the investors signatory thereto and the money
      has
      been deposited with the Escrow Agent: 

     

    
      	 	
              1.

            	
              Name
                of Investor

            
	 	 	
              Address

            
	 	 	
              Tax
                Identification Number 

            
	 	 	
              Amount
                of Shares 

            
	 	 	
              Amount
                of money paid and deposited with Escrow Agent

            
	 	 	 
	 	
              2.

            	
              Name
                of Investor

            
	 	 	
              Address
                

            
	 	 	
              Tax
                Identification Number 

            
	 	 	
              Amount
                of Shares 

            
	 	 	
              Amount
                of money paid and deposited with Escrow Agent

            

    

    
 

    
      	
              Company:
                Asian Financial, Inc.

            
	
              By:
                

            	 

	
              Its:
                

            	 

	
              Date:
                

            	 

    

     

    
      
        
        

      

      
        B-1

        
          

        

      

      
        
        

      

    

    Exhibit
      C

     

    FLOW
      OF
      FUNDS

     

    
      
        
        

      

      
        C-1

        
          

        

      

      
        
        

      

    

     

    Exhibit
      D

     

    ESCROW
      AGENT FEES

     

    
      	
              [LOGO]
                Wells Fargo Bank

            	 	
              John
                T. Deleray

            
	 	
              Corporate
                Trust

            	 	
              Vice
                President/Business 

            
	 	
              Services
                

            	 	
              Development

            
	 	 	 	
              Tel.
                (213) 614-3351

            
	 	 	 	
              Fax:
                (213) 614-3355

            
	 	 	 	
              john.deleray@wellsfargo.com

            

    

    

    SCHEDULE
      OF FEES

    to
      act as ESCROW AGENT for

    Asian
      Financial, Inc. Escrow Account

     

    Acceptance
      Fee: Waived

     

    Initial
      Fees as they relate to Wells Fargo Bank acting in the capacity of Escrow Agent
—
includes creation and examination of the Escrow Agreement; acceptance of the
      Escrow appointment; setting up of Escrow Account(s) and accounting records;
      and
      coordination of receipt of funds for deposit to the Escrow Account.

     

    Acceptance
      Fee payable at time of Escrow Agreement execution.

    

      
        	
                Escrow
                  Agent Administration Fee:

              	
                $2,000.00

              

      

    

     

    For
      ordinary administration services by Escrow Agent — includes daily routine
      account management; investment transactions; cash transaction processing
      (including wires and check processing); monitoring claim notices pursuant to
      the
      agreement; disbursement of the funds in accordance with the agreement; and
      mailing of trust account statements to all applicable parties.

     

    Tax
      reporting is included for up to Five (5) entities. Should additional reportings
      be necessary, a $25 per reporting charge will be assessed.

     

    This
      fee
      is Payable in advance, with the first installment due at the time of Escrow
      Agreement execution. Fee will not be prorated in case of early
      termination.

     

    Wells
      Fargo’s bid is based on the following assumptions:

     

    
      	
              ·

            	
              Number
                of escrow funds/accounts to be established: One
                (1)

            

    

     

    
      	
              ·

            	
              Number
                of Deposits to Escrow Account: Not more than Thirty
                (30)

            

    

     

    
      	
              ·

            	
              Number
                of Withdrawals from Escrow Fund: Not more than Ten
                (10)

            

    

     

    
      	
              ·

            	
              Term
                of Escrow: Not more than One (1)
                month

            

    

     

    
      	
              ·

            	
              THIS
                FEE SCHEDULE ASSUMES THAT BALANCES IN THE ESCROW ACCOUNT WILL BE
                INVESTED
                IN MONEY MARKET FUNDS THAT WELLS FARGO HAS A RELATIONSHIP WITH
                

            

    

     

    
      	
              ·

            	
              ALL
                FUNDS WILL BE RECEIVED FROM OR DISTRIBUTED TO A DOMESTIC OR AN APPROVED
                FOREIGN ENTITY

            

    

     

    
      	
              ·

            	
              THE
                ACCOUNT(S) DOES NOT OPEN WITHIN THREE (3) MONTHS OF TITLE DATE SHOWN
                BELOW, THIS PROPOSAL WILL BE DEEMED TO BE NULL AND VOID
                

            

    

     

    
      
        	
                Out-of
                  Pocket Expenses:

              	
                At
                  Cost

              

      

    

     

    We
      only
      charge for out-of-pocket expenses in response to specific tasks assigned by
      the
      client. Therefore, we cannot anticipate what specific out-of-pocket items will
      be needed or what corresponding expenses will be incurred. Possible expenses
      would be, but are not limited to, express mail and messenger charges, travel
      expenses to attend closing or other meetings. There are no charges for indirect
      out-of- pocket expenses.

     

    
      
        
        

      

      
        D-1

        
          

        

      

      
        
        

      

    

     

    This
      fee schedule is based upon the assumptions listed above which pertain to the
      responsibilities and risks involved in Wells Fargo undertaking the role of
      Escrow Agent. These assumptions are based on information provided to us as
      of
      the date of this fee schedule. Our fee schedule is subject to review and
      acceptance of the final documents. Should any of the assumptions, duties or
      responsibilities change, we reserve the right to affirm, modify or rescind
      our
      fee schedule.

     

    Submitted
      on: October 11, 2006

     

    
      
        
        

      

      
        D-2

        
          

        

      

      
        
        

      

    

     

    Exhibit
      E

     

    CERTIFICATE
      AS TO AUTHORIZED SIGNATURES

     

    Account
      Name: 

     

    Account
      Number: 

     

    The
      specimen signatures shown below are the specimen signatures of the individuals
      who have been designated as authorized representatives of the Company and are
      authorized to initiate and approve transactions of all types for the
      above-mentioned account on behalf of the Company.

     

    
      	
              Name
                / Title

            	 	
              Specimen
                Signature

            	 
	 	 	 	 
	
              Wenhua
                Guo

            	 	 
	 
	
              Name

            	 	
              Signature

            	 
	 
	 	 	 
	
              Chief
                Executive Officer

            	 	 	 
	
              Title

            	 	 	 
	 
              	 	  	 
	
              Name

            	 	
              Signature

            	 
	  	 	 	 
	
              Title

            	 	 	 
	 
              	 	  	 
	
              Name

            	 	
              Signature

            	 
	 
              	 	 	 
	
              Title

               

            	 	 	 

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Exhibit
      E-2

     

    CERTIFICATE
      AS TO AUTHORIZED SIGNATURES

     

    Account
      Name: 

     

    Account
      Number: 

     

    The
      specimen signatures shown below are the specimen signatures of the individuals
      who have been designated as authorized representatives of Roth Capital Partners,
      LLC and are authorized to provide the documents, instruments and/or consents,
      including the written consents specified in Section 3(a) and
      Section 3(c), relating to Roth Capital Partners, LLC and specified in the
      Escrow Agreement.

    
       

      
        	
                Name
                  / Title

              	 	
                Specimen
                  Signature

              	 
	 	 	 	 
	
                 

              	 	 
	 
	
                Name

              	 	
                Signature

              	 
	
                 

              	 	 	 
	
                Title

              	 	 	 
	 
                	 	  	 
	
                Name

              	 	
                Signature

              	 
	  	 	 	 
	
                Title

              	 	 	 
	 
                	 	  	 
	
                Name

              	 	
                Signature

              	 
	 
                	 	 	 
	
                Title

                 

              	 	 	 

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

     

    Exhibit
      F

     

    Agency
      and Custody Account Direction

    For
      Cash
      Balances

    Wells
      Fargo Money Market Deposit Accounts

     

    Direction
      to use the following money market fund(s) for Cash Balances for the following
      account(s):

     

    Account
      Name: Asian Financial Inc. Subscription Escrow

     

    Account
      Number(s): 20524200

     

    You
      are
      hereby directed to invest, as indicated below or as I shall direct further
      from
      time to time, all cash in the Account(s) in the following money market deposit
      account:

     

          
      X         Wells
      Fargo Money Market Deposit Account (MMDA)

     

    I
      understand that deposits in a Wells Fargo money market deposit account is a
      deposit of Wells Fargo Bank, N.A. and amounts over $100,000 are not insured
      by
      the Federal Deposit Insurance Corporation. Wells Fargo has a Long Term Deposit
      rating of A ++ by Moody’s and a Short Term rating of A-1+ by
      S&P.

     

    I
      acknowledge that I have full power to direct investments of the
      Account(s).

     

    I
      understand that I may change this direction at any time and that it shall
      continue in effect until revoked or modified by me by written notice to
      you.

     

    
      	 	
              Asian
                Financial, Inc.

            
	 	 
	 	
              By:

            	
              /s/
                Wenhua Guo

            
	 	 	
              Name:
                Wenhua Guo

            
	 	 	
              Title:
                Chief Executive Officer

            
	 	 	
              Date:
                October 25, 2006

            

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Annex
      A

     

    DEFINED
      TERMS

     

    “Business
      Day” means any day except Saturday, Sunday and any day which is a federal legal
      holiday or a day on which banking institutions in the State of New York or
      the
      State of California are authorized or required by law or other governmental
      action to close.

     

    “Closing”
      means the closing of the purchase and sale of the Shares pursuant to
      Article II of the Purchase Agreement.

     

    “Closing
      Date” means the Business Day on which all of the conditions set forth in
      Sections 5.1 and 5.2 of the Purchase Agreement are satisfied, or such other
      date as the parties thereto may agree.

     

    “Investment
      Amounts” means, with respect to each Investor, the Investment Amount indicated
      on such Investor’s signature page to the Purchase Agreement.

     

    “Investors”
      means the investors identified on the signature pages to the Purchase
      Agreement.

     

    “Shares”
      means the shares of common stock, par value $0.001 per share, of the Company
      issued or issuable to the Investors pursuant to the Purchase
      Agreement.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Exhibit
      A

     

    ESCROW
      SHARES TO BE ISSUED TO INVESTORS

     

    
      	 	 	
              Make Good (2006)

            	
               

            	
              Make Good (2007)

            	
               

            	
              Make Good (2008)

            	 
	
              Institution
                Legal Name

            	 	
              37.50%

            	
               

            	
              37.50%

            	
               

            	
              37.50%

            	 
	
              Pinnacle
                China Fund, L.P.

            	 	 	
              1,307,427.00

            	 	 	
              1,307,427.00

            	 	 	
              1,307,427.00

            	 
	
              Jayhawk
                Private equity Fund, L.P.

            	 	 	
              785,713.00

            	 	 	
              785,713.00

            	 	 	
              785,713.00

            	 
	
              US
                Special Opportunities Trust PLC

            	 	 	
              392,856.00

            	 	 	
              392,856.00

            	 	 	
              392,856.00

            	 
	
              Renaissance
                US Growth Investment Trust PLC

            	 	 	
              392,856.00

            	 	 	
              392,856.00

            	 	 	
              392,856.00

            	 
	
              Westpark
                Capital, L.P.

            	 	 	
              261,904.00

            	 	 	
              261,904.00`

            	 	 	
              261,904.00

            	 
	
              Lake
                Street Fund, L.P.

            	 	 	
              261,904.00

            	 	 	
              261,904.00

            	 	 	
              261,904.00

            	 
	
              Chinamerica
                Fund, L.P.

            	 	 	
              261,904.00

            	 	 	
              261,904.00

            	 	 	
              261,904.00

            	 
	
              Bear
                Stearns Security Corp

              FBO
                J Steven Emerson Roth IRA

            	 	 	
              261,904.00

            	 	 	
              261,904.00

            	 	 	
              261,904.00

            	 
	
              Bear
                Stearns Security Corp

              FBO
                J Steven Emerson IRA R/O II

            	 	 	
              261,904.00

            	 	 	
              261,904.00

            	 	 	
              261,904.00

            	 
	
              Heller
                Capital Investments, LLC

            	 	 	
              157,143.00

            	 	 	
              157,143.00

            	 	 	
              157,143.00

            	 
	
              Whitebox
                Intermarket Partners, L.P.

            	 	 	
              130,952.00

            	 	 	
              130,952.00

            	 	 	
              130,952.00

            	 
	
              Precept
                Capital Master Fund, G.P.

            	 	 	
              130,952.00

            	 	 	
              130,952.00

            	 	 	
              130,952.00

            	 
	
              Lighthouse
                Consulting Limited

            	 	 	
              130,952.00

            	 	 	
              130,952.00

            	 	 	
              130,952.00

            	 
	
              J.
                George Investments, LLC

            	 	 	
              130,952.00

            	 	 	
              130,952.00

            	 	 	
              130,952.00

            	 
	
              Renaissance
                Capital Growth & Income Fund III, Inc.

            	 	 	
              130,951.00

            	 	 	
              130,951.00

            	 	 	
              130,951.00

            	 
	
              Premier
                Renn US Emerging Growth Fund Limited

            	 	 	
              130,951.00

            	 	 	
              130,951.00

            	 	 	
              130,951.00

            	 
	
              MidSouth
                Investor Fund LP

            	 	 	
              130,743.00

            	 	 	
              130,743.00

            	 	 	
              130,743.00

            	 
	
              Centaur
                Value Fund, L.P.

            	 	 	
              127,023.00

            	 	 	
              127,023.00

            	 	 	
              127,023.00

            	 
	
              Sandor
                Capital Master Fund, L.P.

            	 	 	
              125,714.00

            	 	 	
              125,714.00

            	 	 	
              125,714.00

            	 
	
              Fred
                L. Astman Wedbush Securities Inc. Cust IRA R/O Holding
                10/31/92

            	 	 	
              104,762.00

            	 	 	
              104,762.00

            	 	 	
              104,762.00

            	 
	
              Crescent
                International Ltd.

            	 	 	
              78,571.00

            	 	 	
              78,571.00

            	 	 	
              78,571.00

            	 
	
              United
                Centaur Master Fund

            	 	 	
              69,405.00

            	 	 	
              69,405.00

            	 	 	
              69,405.00

            	 
	
              Diamond
                Opportunity Fund, LLC

            	 	 	
              65,476.00

            	 	 	
              65,476.00

            	 	 	
              65,476.00

            	 
	
              Guerrilla
                Partners LP

            	 	 	
              62,857.00

            	 	 	
              62,857.00

            	 	 	
              62,857.00

            	 
	
              Nite
                Capital, LP

            	 	 	
              52,381.00

            	 	 	
              52,381.00

            	 	 	
              52,381.00

            	 
	
              Kirchner
                Family Trust dtd 03/24/2004

            	 	 	
              52,381.00

            	 	 	
              52,381.00

            	 	 	
              52,381.00

            	 
	
              Bear
                Stearns Security Corp

              FBO
                Emerson Family Foundation

            	 	 	
              52,381.00

            	 	 	
              52,381.00

            	 	 	
              52,381.00

            	 
	
              Cascata
                Long / Short Fund, LP

            	 	 	
              26,190.00

            	 	 	
              26,190.00

            	 	 	
              26,190.00

            	 
	
              Outpoint
                Capital LP

            	 	 	
              23,571.00

            	 	 	
              23,571.00

            	 	 	
              23,571.00

            	 
	
              Gregory
                Cook Wedbush Sec Ctdn IRA Contributory 01-16-02

            	 	 	
              19,643.00

            	 	 	
              19,643.00

            	 	 	
              19,643.00

            	 
	
              John
                Peter Selda Wedbush Sec Ctdn IRA Cont 08-27-96

            	 	 	
              13,095.00

            	 	 	
              13,095.00

            	 	 	
              13,095.00

            	 
	
              George
                Loxsom Wedbush Sec Ctdn IRA SEP 12-16-92

            	 	 	
              13,095.00

            	 	 	
              13,095.00

            	 	 	
              13,095.00

            	 
	
              Joseph
                Anthony Cardaropoli Wedbush Sec Ctdn IRA Rollover 01-12-06

            	 	 	
              11,262.00

            	 	 	
              11,262.00

            	 	 	
              11,262.00

            	 
	
              The
                Mitchell W. Howard Trust

            	 	 	
              7,857.00

            	 	 	
              7,857.00

            	 	 	
              7,857.00

            	 
	 	 	 	
              6,167,632.00

            	 	 	
              6,167,632.00

            	 	 	
              6,167,632.00

            	 

    

    

    
      
        
        

      

      
        D-2

        
          

        

      

      
        
        

      

    

    Exhibit
      B

    
       

      
        	
                [LOGO]
                  Wells Fargo Bank

              	 	
                John
                  T. Deleray

              
	 	
                Corporate
                  Trust

              	 	
                Vice
                  President/Business 

              
	 	
                Services
                  

              	 	
                Development

              
	 	 	 	
                Tel.
                  (213) 614-3351

              
	 	 	 	
                Fax:
                  (213) 614-3355

              
	 	 	 	
                john.deleray@wellsfargo.com

              

      

    

     

    SCHEDULE
      OF FEES

    to
      act as ESCROW AGENT for

    Asian
      Financial Make Good Escrow

     

    Acceptance
      Fee: $500.00

     

    Initial
      Fees as they relate to Wells Fargo Bank acting in the capacity of Escrow Agent
—
includes creation and examination of the Escrow Agreement; acceptance of the
      Escrow appointment; setting up of Escrow Account(s) and accounting records;
      and
      coordination of receipt of funds for deposit to the Escrow Account.

     

    Acceptance
      Fee payable at time of Escrow Agreement execution.

    

      
        	
                Escrow
                  Agent Administration Fee:

              	
                $2,500.00

              

      

    

     

    For
      ordinary administration services by Escrow Agent — includes daily routine
      account management; investment transactions; cash transaction processing
      (including wires and check processing); monitoring claim notices pursuant to
      the
      agreement; disbursement of the funds in accordance with the agreement; and
      mailing of trust account statements to all applicable parties.

     

    Tax
      reporting is included for up to Five (5) entities. Should additional reportings
      be necessary, a $25 per reporting charge will be assessed.

     

    This
      fee
      is Payable in advance, with the first installment due at the time of Escrow
      Agreement execution. Fee will not be prorated in case of early
      termination.

     

    Wells
      Fargo’s bid is based on the following assumptions:

     

    
      	
              ·

            	
              Number
                of escrow funds/accounts to be established: One
                (1)

            

    

     

    
      	
              ·

            	
              Number
                of Deposits to Escrow Account: Not more than Three
                (3)

            

    

     

    
      	
              ·

            	
              Number
                of Withdrawals from Escrow Fund: Not more than Three
                (3)

            

    

     

    
      	
              ·

            	
              Term
                of Escrow: Not more than Three (3)
                years

            

    

     

    
      	
              ·

            	
              THIS
                FEE SCHEDULE ASSUMES THAT BALANCES IN THE ESCROW ACCOUNT WILL BE
                INVESTED
                IN MONEY MARKET FUNDS THAT WELLS FARGO HAS A RELATIONSHIP
                WITH

            

    

     

    
      	
              ·

            	
              ALL
                FUNDS WILL BE RECEIVED FROM OR DISTRIBUTED TO A DOMESTIC OR AN APPROVED
                FOREIGN ENTITY

            

    

     

    
      	
              ·

            	
              THE
                ACCOUNT(S) DOES NOT OPEN WITHIN THREE (3) MONTHS OF TITLE DATE SHOWN
                BELOW, THIS PROPOSAL WILL BE DEEMED TO BE NULL AND
                VOID

            

    

     

    
      
        	
                Out-of
                  Pocket Expenses:

              	
                At
                  Cost

              

      

    

     

    We
      only
      charge for out-of-pocket expenses in response to specific tasks assigned by
      the
      client. Therefore, we cannot anticipate what specific out-of-pocket items will
      be needed or what corresponding expenses will be incurred. Possible expenses
      would be, but are not limited to, express mail and messenger charges, travel
      expenses to attend closing or other meetings. There are no charges for indirect
      out-of- pocket expenses.

     

    
      
        
        

      

      
        D-3

        
          

        

      

      
        
        

      

    

     

    This
      fee schedule is based upon the assumptions listed above which pertain to the
      responsibilities and risks involved in Wells Fargo undertaking the role of
      Escrow Agent. These assumptions are based on information provided to us as
      of
      the date of this fee schedule. Our fee schedule is subject to review and
      acceptance of the final documents. Should any of the assumptions, duties or
      responsibilities change, we reserve the right to affirm, modify or rescind
      our
      fee schedule.

     

    Submitted
      on: October 16, 2006

     

    
      
        
        

      

      
        D-4

        
          

        

      

      
        
        

      

    

    Exhibit
      C-1

     

    CERTIFICATE
      AS TO AUTHORIZED SIGNATURES

     

    Account
      Name:

     

    Account
      Number:

     

    The
      specimen signatures shown below are the specimen signatures of the individuals
      who have been designated as authorized representatives of the Company and are
      authorized to initiate and approve transactions of all types for the
      above-mentioned account on behalf of the Company.

     

    
      	
              Name
                / Title

            	 	
              Specimen
                Signature

            	 
	 	 	 	 
	
               

            	 	 
	 
	
              Name

            	 	
              Signature

            	 
	
               

            	 	 	 
	
              Title

            	 	 	 
	 
              	 	  	 
	
              Name

            	 	
              Signature

            	 
	  	 	 	 
	
              Title

            	 	 	 
	 
              	 	  	 
	
              Name

            	 	
              Signature

            	 
	 
              	 	 	 
	
              Title

            	 	 	 

    

     

    
      
        
        

      

      
        D-5

        
          

        

      

      
        
        

      

    

    Exhibit
      C-2

     

    CERTIFICATE
      AS TO AUTHORIZED SIGNATURES

     

    Account
      Name:

     

    Account
      Number:

     

    The
      specimen signatures shown below are the specimen signatures of the individuals
      who have been designated as authorized representatives of Roth Capital Partners,
      LLC and are authorized to provide the documents, instruments and/or consents,
      including the written consents specified in Section 4, relating to Roth Capital
      Partners, LLC and specified in the Make Good Agreement. 

     

    
      	
              Name
                / Title

            	 	
              Specimen
                Signature

            	 
	 	 	 	 
	
               

            	 	 
	 
	
              Name

            	 	
              Signature

            	 
	
               

            	 	 	 
	
              Title

            	 	 	 
	 
              	 	  	 
	
              Name

            	 	
              Signature

            	 
	  	 	 	 
	
              Title

            	 	 	 
	 
              	 	  	 
	
              Name

            	 	
              Signature

            	 
	 
              	 	 	 
	
              Title

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00133-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00133-of-00352.parquet"}]]