Document:

SECURED
      GUARANTY

    

    This
      SECURED
      GUARANTY
      (this
“Guaranty”),
      dated
      as of June 15, 2007, is made by Tribeworks, Inc., a Delaware corporation (the
      “Parent”),
      and
      each of the subsidiaries of Parent listed on Exhibit
      A
      attached
      hereto and incorporated herein (each a “Guarantor”
      and
      together with the Parent, the “Guarantors”).

    

    WHEREAS,
      West
      Coast Opportunity Fund, LLC, a Delaware limited liability company (the
“Secured
      Party”),
      has or
      will make certain financial accommodations for the benefit of the Atlas
      Technology Group (US), Inc., a Delaware corporation (the “Company”),
      evidenced by the Promissory
      Notes
      (as
      such term is defined in the Securities Purchase Agreement described below)
      as
      required by that certain Securities Purchase Agreement, dated as of the date
      hereof, between the Company and the Secured Party (the “Securities
      Purchase Agreement”);
      

    

    WHEREAS,
      it is a
      condition to the willingness of the Secured Party to make certain financial
      accommodations for the benefit of the Company as contemplated under the
      Securities Purchase Agreement that each Guarantor enters into this Guaranty
      for
      the benefit of the Secured Party; and

    

    WHEREAS,
      the
      Guarantors are affiliates of the Company, each Guarantor will receive either
      a
      direct or indirect benefit from the credit provided to the Company under the
      Promissory Notes, the Security Agreement, dated as of the date hereof, made
      by
      the Company and the Guarantors for the benefit of the Secured Party (the
“Security
      Agreement”),
      and
      the other documents executed
      pursuant to Section
      3(h)
      of the
      Security Agreement (together with the Promissory Notes and the Security
      Agreement, the “Transaction
      Documents”),
      and
      have agreed to guarantee the obligations of the Company under the Transaction
      Documents; 

    

    NOW
      THEREFORE,
      the
      parties hereto, intending to be legally bound, and in consideration of the
      foregoing and the mutual covenants contained herein, hereby agree as
      follows:

    

    Section 1. Guaranty.

    

    (a) Each
      Guarantor, jointly and severally, as primary obligor and not merely as surety,
      hereby absolutely, unconditionally and irrevocably guarantees: (i) the
      performance of all obligations of the Company under the Transaction Documents,
      including without limitation the due and punctual payment in full (and not
      merely the collectibility) of all obligations under the Promissory Notes,
      including all principal thereof and all interest payable thereon, at the
      interest rate provided therein, in each case regardless of the extent allowed
      as
      a claim in any proceeding in respect of the bankruptcy, reorganization or
      insolvency of the Company or any Guarantor (a “Reorganization”),
      in
      each case when due and payable, according to the terms of the Promissory Notes
      and the other Transaction Documents, whether at stated maturity, by reason
      of
      acceleration or otherwise; (ii) the due and punctual payment in full (and not
      merely the collectibility) of all other sums and charges which may at any time
      be due and payable by the Company in accordance with, or under the terms of,
      the
      Promissory Notes or the other Transaction Documents, whether at stated maturity,
      by reason of acceleration or otherwise; and (iii) the due and punctual payment
      in full (and not merely the collectibility), performance and/or observance
      of
      all other indebtedness, liabilities, obligations, terms, covenants and
      conditions contained in the Transaction Documents, whether now or hereafter
      existing, on the part of the Company to be paid, performed or observed (all
      of
      the foregoing being hereinafter together called the “Guaranteed
      Obligations”).

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (b) Notwithstanding
      any provision contained in this Guaranty or any other Guaranty Document (as
      defined in Section 2 below) to the contrary, it is the intention and
      guaranty of each Guarantor and the Company that the obligations of the each
      Guarantor under this Guaranty shall be valid and enforceable against every
      Guarantor to the maximum extent permitted by applicable law. Accordingly, if
      any
      provision of this Guaranty creating any obligation of any Guarantor in favor
      of
      the Secured Party shall be declared to be invalid or unenforceable in any
      respect or to any extent, it is the stated intention and agreement of each
      Guarantor and the Secured Party that any balance of the obligation created
      by
      such provision and all other obligations of each Guarantor to the Secured Party
      created by other provisions of this Guaranty shall remain valid and enforceable.
      Likewise, if any sums which the Secured Party may be otherwise entitled to
      collect from any Guarantor under this Guaranty shall be declared to be in excess
      of those permitted under any law (including any federal or state fraudulent
      conveyance or like statute or rule of law) applicable to such Guarantor’s
      obligations under this Guaranty, it is the stated intention and agreement of
      the
      Guarantor and the Secured Party that all sums not in excess of those permitted
      under such applicable law shall remain fully collectible by the Secured Party
      from such Guarantor and such excess sums shall nevertheless survive as a
      subordinate obligation of such Guarantor, junior in right to the claims of
      general unsecured creditors, but prior to the claims of equity holders in any
      Guarantor. This provision shall control every other provision of the Guaranty
      Documents.

    

    Section 2. Security.
      This
      Guaranty (as the same may be amended, modified, supplemented, replaced or
      extended from time to time) and all obligations, indebtedness or liabilities
      of
      each Guarantor arising hereunder, as well as the obligations under the other
      Transaction Documents, shall be secured by the Security Agreement (the Security
      Agreement, together with this Guaranty and any and all other agreements now
      or
      hereafter securing this Guaranty, being collectively referred to herein as
      the
“Guaranty
      Documents”)
      and
      the other Guaranty Documents.

    

    Section 3. Subsequent
      Changes.
      Each
      Guarantor expressly agrees that the Secured Party may, in its sole and absolute
      discretion, without notice to or further assent of any Guarantor and without
      in
      any way releasing, affecting or impairing the Guaranteed Obligations and
      liabilities of any Guarantor hereunder: (a) waive compliance with, or any
      default under, or grant any other indulgences with respect to, the Guaranteed
      Obligations; (b) modify, amend or change any provisions of the Guaranteed
      Obligations; (c) grant extensions or renewals of or with respect to the
      Guaranteed Obligations, and/or effect any release, compromise or settlement
      in
      connection therewith; (d) agree to the substitution, exchange, release or other
      disposition of any Guarantor or of all or any part of the collateral securing
      the Guaranteed Obligations; (e) make advances for the purpose of performing
      any
      term or covenant contained in the Guaranty Documents or any other Transaction
      Documents evidencing the Guaranteed Obligations, with respect to which the
      Company shall be in default; (f) deal in all respects with the Company and
      any
      Guarantor, the Guaranteed Obligations or any collateral securing the Guaranteed
      Obligations as if this Guaranty were not in effect; (h) extend credit to the
      Company or any Guarantor whether or not (1) notice of election to terminate
      any
      of the Transaction Documents or any other agreement among the Secured Party
      and
      the Company or the Guarantor has been given by the Secured Party, or by the
      Company or any Guarantor, or (2) any Event of Default, or any event that with
      notice or lapse of time, or both, would constitute an Event of Default, has
      occurred under the Promissory Notes or any other agreement among the Secured
      Party and the Company or any Guarantor; (g) replace any existing obligations
      and
      the documentation therefore with an amended and restated obligation and the
      documentation therefor; and (h) settle or compromise any or all of the
      Guaranteed Obligations with the Company or any Guarantor, and/or any other
      person or persons liable therein, and/or subordinate the payment of same or
      any
      part hereof to the payment of any other debts or claims which may at any time
      be
      due or owing to the Secured Party and/or other person.

     

    
      
        
        

      

      
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    Section 4. Direct
      and Absolute Obligation.
      The
      liability of each Guarantor under this Guaranty shall be primary, direct and
      immediate and not conditional or contingent upon pursuit by the Secured Party
      of
      any remedies it may have against the Company or any Guarantor or any other
      party
      with respect to the Guaranteed Obligations, whether pursuant to the terms of
      the
      Promissory Notes or otherwise. The obligations of each Guarantor under this
      Guaranty shall be absolute and unconditional, irrespective of the genuineness,
      validity, regularity, enforceability or priority of the Promissory Notes or
      the
      Transaction Documents, the Guaranteed Obligations or any other circumstances
      that might otherwise constitute a legal or equitable discharge of a surety
      or
      guarantor and without regard to any counterclaim, setoff, declaration or defense
      of any kind which any party obligated under the Promissory Notes or any other
      document evidencing or securing any of the Guaranteed Obligations may have
      or
      assert. No exercise or nonexercise by the Secured Party of any right given
      to it
      hereunder or under the Promissory Notes, and no change, impairment or suspension
      of any right or remedy of the Secured Party, shall in any way affect any
      Guarantor’s obligations hereunder or give any Guarantor any recourse against the
      Secured Party. Without limiting the generality of the foregoing, the Secured
      Party shall not be required to make any demand on the Company, its Affiliates
      and/or any other party, or otherwise pursue or exhaust its remedies against
      the
      Company or any other party, before, simultaneously with or after, enforcing
      its
      rights and remedies hereunder against any Guarantor. Any one or more successive
      and/or concurrent actions may be brought hereon against any Guarantor, either
      in
      the same action, if any, brought against the Company and/or any other party,
      or
      in separate actions, as often as the Secured Party, in its sole discretion,
      may
      deem advisable.

    

    Section 5. Waivers.

    

    (a) Each
      Guarantor hereby expressly waives: (i) diligence, presentment and demand for
      payment and protest of nonpayment; (ii) notice of acceptance of this Guaranty
      and of presentment, demand, dishonor and protest; (iii) notice of any default
      hereunder or under the Promissory Notes or any other Guaranteed Obligations
      and
      of all indulgences; (iv) all other notices and demands otherwise required by
      law
      that any Guarantor may lawfully waive; (v) the right to assert in any action
      or
      proceeding hereupon any setoff, counterclaim or other claim which it may have
      against the Secured Party; and (vi) the benefit of all other principles or
      provisions of law, statutory or otherwise, which are or might be in conflict
      with the terms hereof. As further consideration for the purchase of the
      Promissory Notes by the Secured Party from the Company and as a material
      inducement to the Secured Party to purchase the Promissory Notes and accept
      this
      Guaranty, each Guarantor hereby irrevocably postpones, until satisfaction in
      full of the Guaranteed Obligations, all claims, whether based in equity or
      law,
      whether by contract, statute or otherwise, that such Guarantor might now or
      hereafter have against the Company or any other person that is primarily or
      contingently liable on the Guaranteed Obligations guarantied hereby or that
      arise from the existence or performance of such Guarantor’s obligations under
      this Guaranty, including, but not limited to, any right of subrogation,
      reimbursement, exoneration, contribution, indemnification, or participation
      in
      any claim or remedy of the Company or any of its Subsidiaries against the
      Secured Party or any collateral security that the Secured Party now has or
      hereafter acquires.

     

    
      
        
        

      

      
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    (b) Each
      Guarantor is presently informed of the financial condition of the Company and
      of
      all of the circumstances which a diligent inquiry would reveal and which bear
      upon the risk of nonpayment of the Guaranteed Obligations. Each Guarantor hereby
      covenants and agrees that such Guarantor will continue to keep itself informed
      of the Company’s financial condition, the status of other guarantors, sureties,
      or other parties liable with respect to the Guaranteed Obligations, if any,
      and
      of all of the circumstances which bear upon the risk of nonpayment. Absent
      a
      written request for such information by any Guarantor to the Secured Party,
      each
      Guarantor hereby waives its right if any, to require the Secured Party to
      disclose to each Guarantor any information which the Secured Party may now
      or
      hereafter acquire concerning such condition or circumstances, including, without
      limitation, the release of or revocation by any other guarantor or other party
      liable with respect to the Guaranteed Obligations.

    

    Section 6. Unenforceability
      of Obligations against the Company.
      If for
      any reason the Company has no legal existence or is under no legal obligation
      to
      discharge any of the Guaranteed Obligations, or if any of the Guaranteed
      Obligations have become irrecoverable from the Company by reason of its
      insolvency, bankruptcy or reorganization or by other operation of law or for
      any
      other reason, this Guaranty shall nevertheless be binding on each Guarantor
      to
      the same extent as if each Guarantor at all times had been the principal obligor
      on all such Guaranteed Obligations. In the event that acceleration of the time
      for payment of any of the Guaranteed Obligations is stayed upon the insolvency,
      bankruptcy or reorganization of the Company or for any other reason, all such
      amounts otherwise subject to acceleration under the terms of the Promissory
      Notes, the other Transaction Documents or any other agreement evidencing,
      securing or otherwise executed in connection with any Guaranteed Obligation
      shall be immediately due and payable by the Guarantors.

    

    Section 7. Representations
      and Warranties.
      Each
      Guarantor, as to itself, hereby represents and warrants to the Secured Party
      that:

    

    (a) such
      Guarantor (i) is duly organized and validly existing and in good standing under
      the laws of the jurisdiction of its formation and is duly qualified to transact
      business in each jurisdiction where because of the nature of its business or
      property such qualification is required, (ii) has full power and authority
      to
      own its properties and assets and to carry on its business as now being
      conducted and as presently contemplated, and (iii) has full power and authority
      to execute and deliver, and perform its obligations under, the Guaranty
      Documents to which it is a party or signatory.

     

    
      
        
        

      

      
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    (b) the
      execution and delivery of, and performance by such Guarantor of its obligations
      under, the Guaranty Documents are within its corporate or other power, as
      applicable, have been duly authorized by all requisite action and do not and
      will not violate any provision of law, any order, judgment or decree of any
      court or other agency of government, the constitution, corporate charter or
      by-laws of such Guarantor or any indenture, agreement or other instrument to
      which such Guarantor is a party, or by which such Guarantor is bound, or be
      in
      conflict with, result in a breach of, or constitute (with due notice or lapse
      of
      time or both) a default under, or result in the creation or imposition of any
      lien, charge or encumbrance of any nature whatsoever upon any of the property
      or
      assets of such Guarantor pursuant to, any such indenture, agreement or
      instrument, except where such violation, conflict or default would not have
      a
      material adverse effect on the properties, assets or condition (financial or
      otherwise) of such Guarantor or any rights of the Secured Party under any of
      the
      Guaranty Documents to which it is a party (hereinafter, a “Material
      Adverse Effect”).
      Each
      of the Guaranty Documents to which the Guarantor is a party, including without
      limitation the Security Agreement, constitutes the valid and binding obligation
      of such Guarantor, enforceable against it in accordance with its terms, subject,
      however, to bankruptcy, insolvency, reorganization, moratorium and similar
      laws
      affecting the rights and remedies of creditors generally or the application of
      principles of equity, whether in any action in law or proceeding in equity,
      and
      subject to the availability of the remedy of specific performance or of any
      other equitable remedy or relief to enforce any right under any such
      agreement.

    

    (c) Except
      for filings to be made in connection with the Security Agreement (including,
      but
      not limited to, UCC-1 Financing Statements) and any other collateral document
      that requires the recordation or filing with any governmental authority, such
      Guarantor is not required to obtain any consent, approval or authorization
      from,
      or to file any declaration or statement with, any governmental instrumentality
      or other agency, or any other person, in connection with or as a condition
      to
      the execution, delivery or performance of any of the Guaranty Documents to
      which
      it is a party.

    

    (d) There
      is
      no action, suit or proceeding at law or in equity or by or before any
      governmental instrumentality or other agency, including any arbitration board
      or
      tribunal, now pending or, to the knowledge of such Guarantor, threatened (nor
      is
      any basis therefor known to such Guarantor), (i) which questions the validity
      of
      any of the Guaranty Documents, or any action taken or to be taken pursuant
      hereto or thereto, or (ii) against or affecting such Guarantor which, if
      adversely determined, either in any case or in the aggregate, would have a
      Material Adverse Effect.

    

    (e) Such
      Guarantor is not a party to any agreement or instrument or subject to any
      corporate, partnership or other restriction which by its terms could have a
      Material Adverse Effect as a result of such Guarantor entering into this
      Guaranty or performing hereunder. 

     

    
      
        
        

      

      
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    (f) Such
      Guarantor is not in violation of any provision of its constitution, corporate
      charter or by-laws or any material indenture, agreement or instrument to which
      it is a party or by which it is bound or, to the best of such Guarantor’s
      knowledge and belief, of any provision of law or any order, judgment or decree
      of any court or other Governmental Authority except to the extent such violation
      would not be material.

    

    Section 8. Affirmative
      Covenant.
      Each
      Guarantor hereby covenants and agrees that, until payment in full of the
      Guaranteed Obligations and termination of all commitments with respect thereto,
      such Guarantor shall comply or cause another entity to comply with all of the
      covenants and other provisions of the Promissory Notes which apply to it (if
      any) or such controlled party (if any).

    

    Section 11. Events
      of Default.
      In each
      case of the occurrence of an “Event of Default”, as such term (or any similar
      term) is defined in the Promissory Notes (hereinafter referred to as an
“Event
      of Default”),
      then
      and upon any such Event of Default and at any time thereafter during the
      continuance of such Event of Default, at the election of the Secured Party
      (or
      automatically in the case of certain Events of Default as specified in the
      Promissory Notes), the Guaranteed Obligations and any and all other obligations
      of the Company and each Guarantor and any of them to the Secured Party shall
      for
      the purposes of this Guaranty immediately become due and payable, both as to
      principal and interest, without presentment, demand, or protest, all of which
      are hereby expressly waived, anything contained herein or other evidence of
      such
      Guaranteed Obligations to the contrary notwithstanding.

    

    Section 12. Notices.
      All
      notices, requests, demands and other communications provided for hereunder
      shall
      be in writing (including telecopied communication) and mailed or telecopied
      or
      delivered to the applicable party at the addresses indicated pursuant to the
      Security Agreement or, as to each party, at such other address as shall be
      designated by such parties in a written notice to the other party complying
      as
      to delivery with the terms of this Section. All such notices, requests, demands
      and other communication shall be deemed given upon receipt by the party to
      whom
      such notice is directed.

    

    Section 13. Place
      and Denomination of Payment.
      All
      Guaranteed Obligations paid by any Guarantor hereunder shall be paid in U.S.
      Dollars in immediately available funds to the Secured Party at their offices
      at
      the address provided for above unless some other address is hereafter designated
      by the Secured Party. 

     

    Section 14. Subordination,
      Assignment and Transfer.
      Until
      the payment and performance in full of all Guaranteed Obligations, no Guarantor
      shall accept or retain any distribution or other payment from the Company unless
      the same is not restricted under the terms of the Promissory Notes. Each
      Guarantor hereby irrevocably appoints the Secured
      Party,
      as
      defined in the Security Agreement and as may be replaced from time to time,
      as
      such Guarantor’s attorney-in-fact in its name to demand and enforce payment of
      such Guarantor’s obligations and indebtedness hereunder, to prove all claims,
      receive all dividends and take all other action on said obligations and
      indebtedness in any liquidation or any proceedings whatsoever affecting the
      Company or their property under any bankruptcy or other laws now or hereafter
      in
      effect for the relief of debtors.

     

    
      
        
        

      

      
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    Section 15. Termination
      of Guaranty.
      This
      Guaranty is a continuing Guaranty and shall remain in full force and effect
      until the indefeasible payment in full in cash (or other property acceptable
      to
      the Secured Party, in their sole discretion) of the Guaranteed
      Obligations.

    

    Section 16. Company’s
      Insolvency.
      The
      obligations of each Guarantor to make payment in accordance with the terms
      of
      this Guaranty shall not be impaired, modified, changed, released or limited
      in
      any manner whatsoever by any impairment, modification, change, release or
      limitation of the liability of the Company, any of its Subsidiaries or any
      of
      its respective estates, in bankruptcy or reorganization resulting from the
      operation of any present or future provision of the United States Bankruptcy
      Code or other statute or from the decision of any court. Each Guarantor agrees
      that in the event any amounts referred to herein are paid in whole or in part
      by
      the Company, any of its Subsidiaries or any Guarantor, such Guarantor’s
      liability hereunder shall continue and remain in full force and effect in the
      event that all or any part of any such payment is recovered from the Secured
      Party as a preference, fraudulent transfer or similar payment under any
      bankruptcy, insolvency or similar law. Each Guarantor further agrees that this
      Guaranty includes the costs incurred by the Secured Party in defending any
      claim
      or suit seeking such recovery.

    

    Section 17. Nonwaiver
      of Rights.
      All
      rights and remedies afforded to the Secured Party by reason of this Guaranty
      and
      the Promissory Notes or by law are separate and cumulative and the exercise
      of
      one shall not in any way limit or prejudice the exercise of any other such
      rights or remedies. No delay or omission by the Secured Party in exercising
      any
      such right or remedy shall operate as a waiver thereof. No waiver of any rights
      and remedies hereunder, and no modification or amendment hereof, shall be deemed
      made by the Secured Party unless in writing and duly executed. Any such written
      waiver shall apply only to the particular instance specified therein and shall
      not impair the further exercise of such right or remedy or of any other right
      or
      remedy of the Secured Party, and no single or partial exercise of any right
      or
      remedy hereunder shall preclude further exercise of any other right or
      remedy.

    

    Section 18. CONSENT
      TO JURISDICTION.
      EACH
      GUARANTOR, TO THE EXTENT THAT SUCH GUARANTOR MAY LAWFULLY DO SO, HEREBY CONSENTS
      TO THE JURISDICTION OF THE STATE AND FEDERAL COURTS OF THE STATE
      OF
      DELAWARE,
      AS WELL
      AS TO THE JURISDICTION OF ALL COURTS TO WHICH AN APPEAL MAY BE TAKEN FROM SUCH
      COURTS, FOR THE PURPOSE OF ANY SUIT, ACTION OR OTHER PROCEEDING ARISING OUT
      OF
      SUCH GUARANTOR’S OBLIGATIONS UNDER OR WITH RESPECT TO THIS GUARANTY AND THE
      GUARANTY DOCUMENTS, AND EXPRESSLY WAIVES ANY AND ALL OBJECTIONS SUCH GUARANTOR
      MAY HAVE AS TO VENUE INCLUDING, WITHOUT LIMITATION, THE INCONVENIENCE OF SUCH
      FORUM, IN ANY OF SUCH COURTS. IN ADDITION, TO THE EXTENT THAT IT MAY LAWFULLY
      DO
      SO, EACH GUARANTOR CONSENTS TO THE SERVICE OF PROCESS BY PERSONAL SERVICE OR
      U.S. CERTIFIED OR REGISTERED MAIL, RETURN RECEIPT REQUESTED, ADDRESSED TO SUCH
      GUARANTOR IN CARE OF THE COMPANY AT THE ADDRESS PROVIDED IN THE PROMISSORY
      NOTES. TO THE EXTENT ANY GUARANTOR HAS OR HEREAFTER MAY ACQUIRE ANY IMMUNITY
      FROM JURISDICTION OF ANY COURT OR FROM ANY LEGAL PROCESS (WHETHER THROUGH
      SERVICE OR NOTICE, ATTACHMENT PRIOR TO JUDGMENT, ATTACHMENT IN AID OF EXECUTION
      OR OTHERWISE) WITH RESPECT TO ITSELF OR ITS PROPERTY, SUCH GUARANTOR HEREBY
      IRREVOCABLY WAIVES SUCH IMMUNITY IN RESPECT OF ITS OBLIGATIONS UNDER THIS
      GUARANTY TO THE MAXIMUM EXTENT PERMITTED BY LAW.

     

    
      
        
        

      

      
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    Section 19. Governing
      Law.
      This
      Guaranty shall be construed in accordance with and governed by the laws of
      the
      State of Delaware applicable to contracts made and performed in said state.
      It
      is intended that this Guaranty shall take effect as a sealed
      instrument.

    

    Section 20. Successors.
      This
      Guaranty shall inure to the benefit of, and be enforceable by, the Secured
      Party
      and its successors and assigns, and shall be binding upon, and enforceable
      against, each Guarantor and its successors and assigns.

    

    Section 21. Severability.
      In case
      this Guaranty or any one or more of the provisions contained herein shall for
      any reason be held to be invalid, illegal or unenforceable in any respect,
      such
      invalidity, illegality or unenforceability shall not affect any other provision
      hereof, and this Guaranty shall be construed as if such invalid, illegal or
      unenforceable provision had never been included.

    

    Section 22. Section Headings.
      The
      section headings in this Guaranty are inserted for convenience of reference
      only
      and shall not in any way affect the meaning or construction of any provision
      of
      this Guaranty.

    

    Section 23. Counterparts.
      This
      Guaranty may be executed by the parities hereto in several counterparts hereof
      and by different parties hereto on separate counterparts hereof, each of which
      shall be an original and all of which shall together constitute one and the
      same
      agreement. Delivery of an executed signature page of this Guaranty by facsimile
      transmission or electronic mail shall be effective as an in-hand delivery of
      an
      original executed counterpart thereof.

    

    Section 24. Inconsistencies.
      Any
      inconsistencies between the provisions of this Guaranty and the Promissory
      Notes
      shall be governed by a reference to the provisions of the Promissory Notes.
      

    

    [Signature
      Page Follows]

     

    
      
        
        

      

      
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    IN
      WITNESS WHEREOF,
      each
      Guarantor has caused this Guaranty to be duly executed under seal as of the
      day
      and year first above written.

    

    GUARANTORS:

     

    
      	 	 	 
	 	
              
                TRIBEWORKS,
                  INC.

              

            
	 
 	 
 	 
 
	
            	By:  	
            
	 	Name:      	
              
Peter
              B. Jacobson
	 	Title: 	Chief Executive
              Officer

    

    
       

      
        	 	 	 
	 	
                
                  TAKECAREOFIT
                    LIMITED

                

              
	 
 	 
 	 
 
	
              	By:  	
              
	 	Name: 	
                
 B.S.P.
                Marra
	 	Title: 	 
	 	 	
                
 

      

      
        
           

          
            	 	 	 
	 	
                    
                      ATLAS
                        TECHNOLOGY
                        GROUP
                        (NZ) LIMITED

                    

                  
	 
 	 
 	 
 
	
                  	By:  	
                  
	 	Name: 	
                    
 
	 	Title: 	
                    
 
	 	 	
                    
 

          

           

          
            
              	 	 	 
	 	
                      
                        
                          ATLAS
                            TECHNOLOGY
                            GROUP
                            CONSULTING
                            INC.

                        

                      

                    
	 
 	 
 	 
 
	
                    	By:  	
                    
	 	Name: 	
                      
Michael
                      T. Murphy
	 	Title: 	President

            

            
              
                 

                
                  	 	 	 
	 	
                          
                            BLIVE
                              NETWORKS
                              INC.

                          

                        
	 
 	 
 	 
 
	
                        	By:  	
                        
	 	Name: 	
                          
 
	 	Title: 	
                          
 
	 	 	
                          
 

                

                 

                
                  
                    
                      
                        [Secured
                          Guaranty Signature Page- Guarantors]

                      

                       

                    

                  

                

                
                  
                    
                    

                  

                  
                    
                    

                    
                      

                    

                  

                  
                    
                    

                  

                

                
                   

                  
                    	 	 	 
	 	
                            
                              ATLAS
                                TECHNOLOGY GROUP HOLDINGSLIMITED

                            

                          
	 
 	 
 	 
 
	
                          	By:  	
                          
	 	Name: 	
                            
B.S.P.
                            Marra
	 	Title:
	 
	 	 	
                            
 

                  

                  
                    
                       

                    

                  

                

              

            

          

        

      

    

    
      [Secured
        Guaranty Signature Page- Guarantors]

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF,
      the
      undersigned has duly executed the agreement as of the day and year first above
      written.

    

    SECURED
      PARTY:

    
       

      
        
          	 	 	 
	 	
                  
                    WEST
                      COAST OPPORTUNITY FUND, LLC

                  

                
	 
 	 
 	 
 
	
                	By:  	
                
	 	Name: 	
                  
Atticus
                  Lowe
	 	Title: 	Chief Investment
                  Officer

        

        
          
             

            [Secured
              Guaranty Signature Page- Secured Party]

             

            
              
                
                

              

              
                
                

                
                  

                

              

              
                
                

              

            

          

        

      

    

    EXHIBIT
      A

    

    GUARANTORS

     

    
      	1.  	
              Atlas
                Technology Group Holdings Limited 

            

    

    
      	2.  	
              TakeCareofIT
                Limited

            

    

    
      	3.  	
              Atlas
                Technology Group (NZ) Limited

            

    

    
      	4.  	
              Tribeworks,
                Inc.

            

    

    
      	5.  	
              Atlas
                Technology Group Consulting Inc.

            

    

    
      	6.  	
              BLive
                Networks Inc.ESCROW
      AGREEMENT

    

    This
      Escrow Agreement (this “Agreement”)
      is
      made and entered into as of June 15, 2007, by and among the undersigned West
      Coast Opportunity Fund, LLC, a Delaware limited liability company (the
“Purchaser”),
      Atlas
      Technology Group (US), Inc., a Delaware corporation (the “Maker”),
      and
      Wells Fargo Bank, National Association (the “Escrow
      Agent”).

    

    WHEREAS,
      pursuant to that certain Securities Purchase Agreement, dated as of the date
      hereof, by and between the Maker and Purchaser (the “Securities
      Purchase Agreement”),
      Purchaser will purchase from the Maker and the Maker will issue and sell to
      the
      Purchaser a promissory note in the amount of $2,500,000 on the date set forth
      above (the “Initial
      Note”);
      

    

    WHEREAS,
      pursuant to the Securities Purchase Agreement, Purchaser will purchase from
      the
      Maker and the Maker will issue and sell to the Purchaser a promissory note
      in
      the amount of $2,500,000 on July 10, 2007 (the “Secondary
      Note”
and
      collectively with the Initial Note, the “Notes”);
      

    

    WHEREAS,
      the Maker and Purchaser have decided to hold the purchase price for the Notes
      paid by Purchaser in escrow, to be released in accordance with the provisions
      set forth in Section
      4
      below;

    

    WHEREAS,
      the Escrow Agent is willing to hold and administer the Escrowed Funds (as
      defined below) in escrow in accordance with the terms of this Escrow Agreement
      and the Notes; and

    

    WHEREAS,
      the Securities Purchase Agreement requires each of the Maker and Purchaser
      to
      enter into this Agreement with the Escrow Agent.

    

    NOW,
      THEREFORE, in consideration of the foregoing and the mutual covenants and
      agreements contained herein, the parties hereto, intending to be legally bound,
      hereby covenant and agree as follows:

     

    1.  Deposits
      and Appointment of Escrow Agent.
      

     

    (a) Upon
      execution of the Securities Purchase Agreement, the Initial Promissory Note,
      the
      Warrant, and this Agreement, Purchaser shall deposit cash funds with Escrow
      Agent in the amount of $1,500,000 as partial payment for the securities
      purchased in the Securities Purchase Agreement in accordance with the following
      wire transfer instructions (the aggregate amount of such deposit being the
      “First
      Deposit”):

    

      
        	 	
                Bank
                  Name: 

              	 	
                Wells
                  Fargo Bank, N.A.

              
	 	
                ABA
                  Routing No.: 

              	 	
                121000248

              
	 	
                Beneficiary
                  Account No.:

              	 	
                _______________

              
	 	
                Beneficiary
                  Account Name:

              	 	
                Corporate
                  Trust Wire Clearing

              
	 	
                For
                  further credit to:

              	 	
                22362000,
                  West Coast Opportunity Fund / Atlas Technology Group (US), Inc.
                  Escrow
                  Account

              

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (b) On
      July
      10, 2007, upon execution of the Second Note, subject to the satisfaction of
      the
      Conditions set forth in Sections 6 and 7 of the Securities Purchase Agreement,
      as applicable, Purchaser shall deposit additional cash funds with Escrow Agent
      in the amount of $2,500,000 in accordance with its obligations under the
      Securities Purchase Agreement in accordance with the above wiring instructions
      (the aggregate amount of such deposit being the “Second
      Deposit,”
and
      collectively, with the First Deposit, the “Deposits”).
      The
      Deposits shall be held in escrow under the terms hereof. The Deposits, together
      with any interest that may accrue thereto, are hereinafter referred to as the
      “Escrowed
      Funds”.
      Escrow
      Agent is hereby appointed by each of the Maker and Purchaser to act as the
      escrow agent pursuant to the terms of this Agreement.)

     

    2.  Investment
      of the Escrowed Funds.

     

    (a) The
      Escrowed Funds shall be invested by Escrow Agent in such investments as the
      Maker and Purchaser shall jointly direct in writing in the form of Exhibit
      A to
      this Agreement. The Escrow Agent shall invest the Escrowed Funds in alternative
      investments in accordance with the joint written instructions of the Maker
      and
      Purchaser as may from time to time be provided to the Escrow Agent. In the
      absence of such joint written direction, the Escrow Agent is hereby directed
      to
      invest the Escrowed Funds in the Wells Fargo Advantage Funds, 100% Treasury
      Money Market Fund, Service Class Shares. Any investment earnings and income
      on
      the Escrowed Funds shall become part of the Escrowed Funds, and shall be
      disbursed in accordance with Section 3 of this Agreement.

     

    (b) The
      Escrow Agent is hereby authorized and directed to sell or redeem any such
      investments as it deems necessary to make any payments or distributions required
      under this Agreement. Escrow Agent shall have no responsibility or liability
      for
      any loss which may result from any investment or sale of investment made
      pursuant to this Agreement. The Escrow Agent is hereby authorized, in making
      or
      disposing of any investment permitted by this Agreement, to deal with itself
      (in
      its individual capacity) or with any one or more of its affiliates, whether
      it
      or any such affiliate is acting as agent of the Escrow Agent or for any third
      person or dealing as principal for its own account. The Maker and Purchaser
      acknowledge that the Escrow Agent is not providing investment supervision,
      recommendations, or advice.

     

    3.  Escrow
      Agent’s Duties.
      Escrow
      Agent shall have no implied duties under this Agreement, but only the express
      duties set forth herein which shall be deemed purely ministerial in nature.
      The
      Escrow Agent may perform any and all of its duties through its agents,
      representatives, attorneys, custodians, and/or nominees. 

     

    4.  Disbursement
      of Escrowed Funds.
      Each of
      the Maker and Purchaser hereby unequivocally and irrevocably authorizes,
      directs, and empowers Escrow Agent to hold the Deposits, or such amount of
      the
      Deposits remaining in escrow hereunder from time to time after giving effect
      to
      one or more disbursements authorized hereby in escrow and to disburse the Escrow
      Funds in the following manner:

     

    (a)  After
      entering into contracts for its products with one of the entities set forth
      on
Schedule
      1
      (the
“Entities”)
      totaling $1,000,000 in annual, non-contingent future revenues to the Maker,
      (i) the Maker shall send written notice of such to the Escrow Agent and
      (ii) the Purchaser and shall deliver written instructions to the Escrow
      Agent directing the Escrow Agent to disburse $1,500,000 of the Escrowed Funds
      (the “Initial
      Payment”).
      Upon
      receipt by Escrow Agent of such written instructions from the Maker
      and
      the
      Purchaser, the Escrow Agent shall disburse the Initial Payment according to
      such
      instructions.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    (b)  After
      entering into contracts for its products with one or more of the Entities,
      totaling at least $5,000,000 in non-contingent future revenues to the Maker
      during the term(s) of such contract(s), (i) the Maker shall send written
      notice of such to the Escrow Agent and (ii) the Purchaser shall deliver
      written instructions to the Escrow Agent directing the Escrow Agent to disburse
      the remaining Escrowed Funds (the “Final
      Payment”).
      Upon
      receipt by Escrow Agent of such written instructions from the Maker and the
      Purchaser, the Escrow Agent shall disburse the Final Payment according to such
      instructions.

     

    (c)  If,
      as of
      5:00 p.m. on December 31, 2007 Pacific Standard Time (“PST”), the Escrow Agent
      has not received (i) notice from the Maker that the Maker has entered into
      contracts with one of the Entities totaling at least $1,000,000 in annual,
      non-contingent future revenue and (ii) written instructions from the Purchaser
      directing the Escrow Agent to disburse the Initial Payment, then the Escrow
      Agent shall disburse from the Escrowed Funds an amount equal to the First
      Deposit to the Purchaser in accordance with written instructions from the
      Purchaser (the “First
      Return”).

     

    (d)  If,
      as of
      5:00 p.m. on December 31, 2007, PST the Escrow Agent has not received (i) notice
      from the Maker that the Maker has entered into contracts with one or more of
      the
      Entities totaling at least $5,000,000 in non-contingent future revenues to
      the
      Maker during the term(s) of such contract(s) and (ii) written instructions
      from
      the Purchaser directing the Escrow Agent to disburse the Final Payment, then
      the
      Escrow Agent shall disburse from the Escrowed Funds an amount equal to the
      Second Deposit to the Purchaser in accordance with written instructions from
      the
      Purchaser (the “Second
      Return”).

     

    (e)  The
      Escrow Agent shall disburse any Escrowed Funds remaining following the First
      Return and the Second Return to the Maker in accordance with written
      instructions from the Maker.

     

    5.  Right
      Not Duty Undertaken.
      The
      permissive right of the Escrow Agent to do things enumerated in this Agreement
      shall not be construed as duties.

     

    6.  Termination
      of Escrow Agent’s Duties.
      Upon
      disbursement of the full amount of the Escrowed Funds (including any accrued
      interest thereon under Section
      4
      hereof),
      all of Escrow Agent’s duties in connection with this Agreement shall immediately
      terminate.

     

    7.  Escrow
      Agent’s Standard of Care.
      Escrow
      Agent shall not be liable for anything that it may do or refrain from doing
      in
      connection with this Agreement, except for its own gross negligence or willful
      misconduct. Under no circumstances will the Escrow Agent be deemed to be a
      fiduciary to Purchaser, Maker or any other person under this Agreement. Escrow
      Agent shall not incur any liability or be responsible for the consequences
      of
      any breach on the part of either the Maker or the Purchaser of any of the
      covenants herein contained or of any acts of agents, attorneys-in-fact, or
      employees of either the Maker or the Purchaser. The Escrow Agent shall neither
      be responsible for, nor chargeable with, knowledge of the terms and conditions
      of any other agreement, instrument, or document other than this Agreement,
      whether or not an original or a copy of such agreement has been provided to
      the
      Escrow Agent; and the Escrow Agent shall have no duty to know or inquire as
      to
      the performance or nonperformance of any provision of any such agreement,
      instrument, or document.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    8.  Indemnification
      of Escrow Agent.
      Each of
      the Maker and the Purchaser hereby irrevocably agrees, jointly and severally,
      to
      indemnify and hold Escrow Agent harmless from and against any and all
      liabilities, obligations, losses, damages, penalties, actions, judgments, suits,
      costs, expenses, and disbursements of every kind whatsoever, including
      reasonable attorneys’ fees in defending against any of the foregoing, incurred
      by or asserted against it relating to or arising out of this Agreement or any
      action taken or omitted by it under this Agreement, save only those resulting
      from Escrow Agent’s own gross negligence or willful misconduct.

     

    9.  Limitation
      of Liability.
      THE
      ESCROW AGENT SHALL NOT BE LIABLE, DIRECTLY OR INDIRECTLY, FOR ANY (I) DAMAGES,
      LOSSES OR EXPENSES ARISING OUT OF THE SERVICES PROVIDED HEREUNDER, OTHER THAN
      DAMAGES, LOSSES OR EXPENSES WHICH HAVE BEEN FINALLY ADJUDICATED TO HAVE DIRECTLY
      RESULTED FROM THE ESCROW AGENT’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT, OR (II)
      SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES OR LOSSES OF ANY KIND WHATSOEVER
      (INCLUDING WITHOUT LIMITATION LOST PROFITS), EVEN IF THE ESCROW AGENT HAS BEEN
      ADVISED OF THE POSSIBILITY OF SUCH LOSSES OR DAMAGES AND REGARDLESS OF THE
      FORM
      OF ACTION.

     

    10.  Escrow
      Agent’s Acts; No Responsibility and No Implied Knowledge.
      Escrow
      Agent shall be protected in acting upon any written notice, request, waiver,
      consent, certificate, receipt, authorization, or other paper or document which
      Escrow Agent believes to be genuine and what it purports to be. Concurrent
      with
      the execution of this Agreement, the Maker and Purchaser shall deliver to the
      Escrow Agent authorized signers’ forms in the form of Exhibit B-1 and Exhibit
      B-2 to this Agreement. Escrow Agent is not responsible or liable in any manner
      whatsoever for the sufficiency, correctness, genuineness, or validity of the
      subject matter of this Agreement or any instructions or directions delivered
      pursuant hereto. Escrow Agent shall be obligated only for the performance of
      such duties as are specifically set forth in this Agreement. Escrow Agent shall
      not be liable for any action taken or omitted by it in good faith and believed
      by it to be authorized hereby, except to the extent such action taken or omitted
      constitutes gross negligence or willful misconduct on the part of Escrow Agent.
      The Escrow Agent shall be entitled to rely on and shall not be liable for any
      action taken or omitted to be taken by the Escrow Agent in accordance with
      the
      advice of counsel or other professionals retained or consulted by the Escrow
      Agent. No provision of this Agreement shall require the Escrow Agent to risk
      or
      advance its own funds or otherwise incur any financial liability or potential
      financial liability in the performance of its duties or the exercise of its
      rights under this Agreement.

     

    11.  Submission
      of Disputes to Court.
      In the
      event that Escrow Agent is in doubt as to what action is to be taken hereunder,
      Escrow Agent may, at its option, refuse to comply with any claims or demands
      on
      it or refuse to take any other action hereunder so long as such doubt exists.
      In
      any such event Escrow Agent shall not be or become liable in any way or to
      any
      person for its failure or refusal to act, and Escrow Agent shall be entitled
      to
      continue to so refrain from acting until (i) the rights of all parties have
      been
      fully and finally adjudicated by a court of competent jurisdiction, or (ii)
      all
      differences shall have been adjudged and all doubt resolved by agreement among
      all of the interested persons, and Escrow Agent shall have been notified thereof
      in a writing signed by all such persons, or (iii) files an interpleader action
      in any court of competent jurisdiction, and upon the filing thereof, the Escrow
      Agent shall be relieved of all liability as to the Escrowed Funds and shall
      be
      entitled to recover attorneys’ fees, expenses and other costs incurred in
      commencing and maintaining any such interpleader action. In addition to the
      foregoing remedies, Escrow Agent is hereby authorized in the event of any doubt
      as to the course of action it should take under this Agreement, to petition
      a
      State District Court of King County, Washington or a United States Federal
      District Court in the Western District of Washington, for instructions. The
      parties agree to the jurisdiction of any of said courts over their persons
      as
      well as all or any portion of the Escrowed Funds. Each of the Maker and
      Purchaser waive personal service of process, and agree that service of process
      by certified or registered mail, return receipt requested, to the address set
      forth beside such party’s signature to this Agreement shall constitute adequate
      service. The Maker and Purchaser hereby agree to indemnify and hold Escrow
      Agent
      harmless from any liability or losses occasioned thereby and to pay any and
      all
      of Escrow Agent’s costs, expenses, and attorneys’ fees incurred in any such
      action and agree that upon the filing of such petition and deposit of the
      Escrowed Funds into the registry of the court in which such petition or
      interpleader action is filed that Escrow Agent will be relieved of any further
      liability hereunder. In case the Escrowed Funds held by Escrow Agent hereunder
      shall be the subject of any order of any court or the delivery thereof shall
      be
      stayed or enjoined by any judgment or order of any court affecting the Deposits,
      Escrow Agent hereby is expressly authorized in its sole discretion to obey
      and
      comply with all judgments and orders so entered or issued and in case Escrow
      Agent obeys and complies with any such judgment or order, Escrow Agent shall
      give written notice of such compliance to each of the Maker and Purchaser,
      and
      Escrow Agent shall not be liable to any of the other parties hereto, their
      successors or assigns or to any other person, firm, or corporation by reason
      of
      such compliance.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    12.  Resignation
      of Escrow Agent.
      Escrow
      Agent may resign and be discharged from all further duties and liabilities
      hereunder by giving to each of the Maker and Purchaser at least ten (10) days
      prior notice in writing and stating in such notice the effective date of the
      resignation. If Escrow Agent resigns as aforesaid, a new escrow agent shall,
      prior to the effective date of such resignation, be appointed by the Maker
      and
      Purchaser. If no such person shall have been designated by the effective date
      of
      such resignation, all obligations of Escrow Agent, except as provided in the
      immediately following sentence, shall nevertheless cease and terminate. Escrow
      Agent’s sole responsibility thereafter shall be to keep, in accordance with the
      standard of care set forth in Section
      4
      hereof,
      the Escrowed Funds held by it and to deliver the same to a person designated
      by
      all other parties executing this Agreement or in accordance with the final
      order
      or judgment of a court of competent jurisdiction. On any new appointment, the
      new Escrow Agent shall be vested with the same powers, rights, duties, and
      responsibilities as if it had been originally named herein as escrow agent
      without any further assurance, conveyance, act, or deed. If the Maker and
      Purchaser have failed to appoint a successor escrow agent prior to the effective
      date of such resignation, the Escrow Agent may petition any court of competent
      jurisdiction for the appointment of a successor escrow agent or for other
      appropriate relief, and any such resulting appointment shall be binding upon
      the
      Maker and Purchaser.

     

    13.  Fees
      and Expenses of Escrow Agent.
      The
      Maker hereby agrees to pay the Escrow Agent compensation for its services as
      stated in the fee schedule attached hereto as Exhibit C. The Maker further
      agrees that the Escrow Agent shall be reimbursed upon request for expenses,
      disbursements and advances, including reasonable attorney’s fees, incurred or
      made by Escrow Agent in connection with carrying out its duties hereunder;
      provided,
      however,
      that
      between the Maker and Purchaser, any expenses, disbursements, and fees of Escrow
      Agent that shall be incurred by Escrow Agent as the result of any claim,
      dispute, or any other controversy arising hereunder shall be the obligation
      of
      the party responsible for such expense, disbursement or fee. The fee agreed
      upon
      for the services rendered hereunder is intended as full compensation for the
      Escrow Agent's services as contemplated by this Agreement; provided, however,
      that in the event that the conditions for the disbursement of funds under this
      Agreement are not fulfilled, or the Escrow Agent renders any service not
      contemplated in this Agreement, or there is any assignment of interest in the
      subject matter of this Agreement, or any material modification hereof, or if
      any
      material controversy arises hereunder, or the Escrow Agent is made a party
      to
      any litigation pertaining to this Agreement or the subject matter hereof, then
      the Escrow Agent shall be compensated for such extraordinary services and
      reimbursed for all costs and expenses, including reasonable attorneys’ fees and
      expenses, occasioned by any such delay, controversy, litigation or event. If
      any
      amount due to the Escrow Agent hereunder is not paid within thirty (30) days
      of
      the date due, the Escrow Agent in its sole discretion may charge interest on
      such amount up to the highest rate permitted by applicable law. The Escrow
      Agent
      shall have, and is hereby granted, a prior lien upon the Escrowed Funds with
      respect to its unpaid fees, non-reimbursed expenses and unsatisfied
      indemnification rights, superior to the interests of any other persons or
      entities and is hereby granted the right to set off and deduct any unpaid fees,
      non-reimbursed expenses and unsatisfied indemnification rights from the Escrowed
      Funds.

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    14.  Income
      Tax Allocation and Reporting.
      

     

    (a)  The
      Maker
      and Purchaser agree that, for tax reporting purposes, all interest and other
      income from investment of the Escrow Property shall, as of the end of each
      calendar year and to the extent required by the Internal Revenue Service, be
      reported as having been earned by the Maker, whether or not such income was
      disbursed during such calendar year.

     

    (b)  Prior
      to
      closing, the Maker and Purchaser shall provide the Escrow Agent with certified
      tax identification numbers by furnishing appropriate forms W-9 or W-8 and such
      other forms and documents that the Escrow Agent may request. The Maker and
      Purchaser understand that if such tax reporting documentation is not provided
      and certified to the Escrow Agent, the Escrow Agent may be required by the
      Internal Revenue Code of 1986, as amended, and the Regulations promulgated
      thereunder, to withhold a portion of any interest or other income earned on
      the
      investment of the Escrowed Funds.

     

    (c)  To
      the
      extent that the Escrow Agent becomes liable for the payment of any taxes in
      respect of income derived from the investment of the Escrowed Funds, the Escrow
      Agent shall satisfy such liability to the extent possible from the Escrowed
      Funds. The Maker and Purchaser shall indemnify, defend and hold the Escrow
      Agent
      harmless from and against any tax, late payment, interest, penalty or other
      cost
      or expense that may be assessed against the Escrow Agent on or with respect
      to
      the Escrowed Funds and the investment thereof unless such tax, late payment,
      interest, penalty or other expense was directly caused by the gross negligence
      or willful misconduct of the Escrow Agent. The indemnification provided by
      this
      Section 14(c) is in addition to the indemnification provided in Section 8 and
      shall survive the resignation or removal of the Escrow Agent and the termination
      of this Agreement.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    15.  Miscellaneous
      Provisions.

     

    (a)  Failure
      by any party to insist upon or enforce any of its rights under this Agreement
      shall not constitute a waiver thereof by such party or a waiver of any
      subsequent breach of the same or a different provision hereof.

     

    (b)  Neither
      this Agreement nor any right created hereby shall be assignable by any of the
      parties hereto without the written consent of the other of such parties
      hereto.

     

    (c)  Subject
      to the provisions of Section
      15(b),
      this
      Agreement shall be binding upon and inure to the benefit of the parties hereto
      and their respective successors and assigns.

     

    (d)  This
      Agreement may not be amended or changed in any respect except by a written
      instrument signed by all parties hereto. Escrow Agent shall not be bound by
      any
      modification, amendment, termination, cancellation, rescission, or supersession
      of this Agreement unless the same shall be in writing and signed by all of
      the
      other parties hereto and, if its duties as Escrow Agent hereunder are affected
      thereby, unless it shall have given prior written consent thereto.

     

    (e)  All
      certifications, notices, requests, demands, and other communications hereunder
      shall be in writing and shall be deemed duly given if delivered personally,
      if
      sent by delivery service, if given by facsimile or other similar form of
      communication (with receipt confirmed) or if given by depositing the same in
      the
      United States mail first class, postage prepaid, certified or registered. The
      same shall be deemed to have been duly given when received by the person to
      whom
      the notice was directed; provided,
      however,
      that
      notice to each of the Maker or Purchaser, but not Escrow Agent, shall be
      conclusively deemed given at 10:00 a.m. PST on the third business day after
      the
      date of deposit in the United States mail when sent by certified or registered
      mail, postage prepaid, return receipt requested. Notice shall be given to the
      parties at the addresses set forth on the signature pages hereto (or at such
      other address as shall be given in writing by any party to the other parties).
      Notices to Escrow Agent will be effective only upon actual receipt
      thereof.

     

    (f)  This
      Agreement and the terms and provisions hereof shall be construed and enforced
      in
      accordance with the laws of the State of Delaware without regard to the
      conflicts of laws provisions thereof. This Agreement is performable in King
      County, Washington, and venue in any litigation pursuant hereto shall be in
      King
      County, Washington.

     

    (g)  Each
      of
      the parties hereto acknowledges and agrees that the remedy at law in the event
      of a breach of any provision of this Agreement by each such party would be
      inadequate, and each party hereto agrees that the other, non-breaching party,
      in
      addition to all other remedies such other party may have, shall have the right
      to injunctive relief.

     

    (h)  This
      Agreement supersedes any and all other agreements, either oral or written,
      between the parties hereto with respect to the subject matter hereof and
      contains all of the covenants and agreements between the parties with respect
      thereto. 

     

    
      (i)  If
        any
        party hereto is required to institute legal proceedings in order to enforce
        its
        rights hereunder, then the party prevailing in any such legal proceedings
        shall
        be reimbursed by the non-prevailing party for its legal fees and court costs
        in
        connection therewith.

    

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    (j)  This
      Agreement may be executed in multiple counterparts, each of which will be deemed
      an original, but all of which together shall constitute one and the same
      agreement. Facsimile transmission of any signed original document and/or
      retransmission of any signed facsimile transmission will be deemed the same
      as
      delivery of an original. At the request of any party, the parties will confirm
      facsimile transmission by signing a duplicate original document

     

    16.  Merger
      or Consolidation.
      Any
      corporation or association into which the Escrow Agent may be converted or
      merged, or with which it may be consolidated, or to which it may sell or
      transfer all or substantially all of its corporate trust business and assets
      as
      a whole or substantially as a whole, or any corporation or association resulting
      from any such conversion, sale, merger, consolidation or transfer to which
      the
      Escrow Agent is a party, shall be and become the successor escrow agent under
      this Agreement and shall have and succeed to the rights, powers, duties,
      immunities and privileges as its predecessor, without the execution or filing
      of
      any instrument or paper or the performance of any further act.

    

    [REMAINDER
      OF PAGE INTENTIONALLY LEFT BLANK]

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the parties have executed this Agreement as of the date and
      year first written above.

     

    
      
        	
                MAKER:  
                  

              	 	 
	 	 	 
	 	
                ATLAS
                  TECHNOLOGY GROUP (US), INC.

              
	 	a Delaware corporation
	 
 	 
 	 
 
	
              	By:  	
              
	 	Name: 	
                
Peter
                B. Jacobson
	 	Title: 	
                President

              
	 	 	 
	 	
                Address
                  for Notice:

                Atlas
                  Technology Group (US), Inc.

                2001
                  152nd Avenue NE

                Redmond,
                  Washington 98052

                Attn:
                  Peter B. Jacobson

                Facsimile:
                  (949) 723-0970

              
	 	 	 
	 	
                With
                  a Copy (which shall not constitute notice) sent to:

                
                  Hughes
                    & Luce LLP

                  1717
                    Main Street, Suite 2800

                  Dallas,
                    Texas 75201

                  Attn:
                    I. Bobby Majumder, Esq.

                  Facsimile:
                    (214) 939-5849

                

              

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      
        
          	
                  ESCROW
                    AGENT:   

                	 	 
	 	 	 
	 	
                  
                    WELLS
                      FARGO BANK, NATIONAL ASSOCIATION

                  

                
	 
 	 
 	 
 
	
                	By:  	
                
	 	Name: 	
                  
Scott
                  Thompson
	 	Title: 	
                  Vice
                    President

                
	 	 	 
	 	 	 
	 	
                  
                    Address
                      for Notice:

                    Wells
                      Fargo Bank, N.A.

                    Corporate
                      Trust Services

                    1300
                      SW Fifth Avenue, 11th
                      Floor

                    MAC
                      P6101-114

                    Portland,
                      OR 97201

                    Attn:
                      Scott Thompson

                    Facsimile:
                      (503) 886-3300

                  

                

        

      

       

      [Signature
        Page to Escrow Agreement]

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

    

    
       

      
        
          	
                  
                    PURCHASER:   
                      

                  

                	 	 
	 	 	 
	 	
                  WEST
                    COAST OPPORTUNITY FUND, LLC

                
	 	a Delaware limited liability
                  company
	 
 	 
 	 
 
	
                	By:  	
                
	 	Name: 	
                  

                
	 	Title: 	
                  
                    
 

                
	 	 	
                  
 
	 	 	 
	 	
                  
                    Address
                      for Notice:

                    

                    2151
                      Alessandro Drive, Suite 100

                    Ventura,
                      CA 93001 

                    Attn:
                      Atticus Lowe, CFA

                    Facsimile:
                      (805) 648-6488

                  

                
	 	 	 
	 	
                  
                    With
                      a Copy (which shall not constitute notice) sent to:

                     

                    McDermott
                      Will & Emery LLP

                  

                  
                    
                      340
                        Madison Avenue

                      
                        New
                          York, New York  10173

                        Attn:  
                          Stephen E. Older, Esq. 

                        Meir
                          A. Lewittes, Esq.

                        Facsimile:
                          (212)
                          547-5444

                      

                    

                  

                

        

      

       

    

    [Signature
      Page to Escrow Agreement]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      A

    

    Agency
      and Custody Account Direction 

    For
      Cash Balances

    

    Direction
      to use Wells Fargo Advantage Funds for Cash Balances for the escrow account
      or
      accounts (the “Account”) established under the Escrow Agreement to which this
      Exhibit A is attached.

    

    You
      are
      hereby directed to invest, as indicated below or as I shall direct further
      from
      time to time, all cash in the Account in the following money market portfolio
      of
      Wells Fargo Advantage Funds (the “Fund”) or another permitted investment of my
      choice (Check
      One):

    

    ___
      Wells
      Fargo Advantage Funds, 100% Treasury Money Market Fund

     

    ___
      Wells
      Fargo Advantage Funds, Government Money Market Fund

     

    ___
      Wells
      Fargo Advantage Funds, Cash Investment Money Market Fund

     

    ___
      Wells
      Fargo Advantage Funds, Prime Investment Money Market Fund

     

    ___
      Wells
      Fargo Advantage Funds, Treasury Plus Money Market Fund

    

    I
      acknowledge that I have received, at my request, and reviewed the Fund’s
      prospectus and have determined that the Fund is an appropriate investment for
      the Account. Each Fund’s prospectus can be downloaded from the Wells Fargo
      website at 

    http://www.wellsfargoadvantagefunds.com/html/welcome/fund_list/service.htm

    

    I
      understand from reading the Fund's prospectus that Wells Fargo Funds Management,
      LLC ("Wells Fargo Funds Management"), a wholly-owned subsidiary of Wells Fargo
      & Company, provides investment advisory and other administrative services
      for the Wells
      Fargo Advantage Funds. 
      Other affiliates of Wells Fargo & Company provide sub-advisory and other
      services for the Funds.  Boston Financial Data Services serves as transfer
      agent for the Funds.  The Funds are distributed by Wells Fargo Funds
      Distributor, LLC, Member NASD/SIPC, an affiliate of Wells Fargo &
Company.  I also understand that Wells Fargo & Company will be paid,
      and its bank affiliates may be paid, fees for services to the Funds and that
      those fees may include Processing Organization fees as described in the Fund's
      prospectus.

    

    I
      understand that you will not exclude amounts invested in the Fund from Account
      assets subject to fees under the Account agreement between us. 

    

    I
      understand that investments in the Fund are not obligations of, or endorsed
      or
      guaranteed by, Wells Fargo Bank or its affiliates and are not insured by the
      Federal Deposit Insurance Corporation.

    

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

    

    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.
      

    

    I
      understand that if I choose to communicate this investment direction solely
      via
      facsimile, then the investment direction will be understood to be enforceable
      and binding.

     

    
      	
            	 	 	
            
	
              
                

              

              Authorized Representative 

              West Coast Opportunity Fund, LLC   

            	 	 	
              
                

              

              Authorized Representative

              
                Atlas
                  Technology Group (US), Inc.

              

            
	 	 	 	 
	
              
Date 	 	 	
              
Date 

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      B-1

    CERTIFICATE
      AS TO AUTHORIZED SIGNATURES

     

    The
      specimen signatures shown below are the specimen signatures of the individuals
      who have been designated as authorized representatives of West
      Coast Opportunity Fund, LLC
      and are
      authorized to initiate and approve transactions of all types for the escrow
      account or accounts established under the Escrow Agreement to which this Exhibit
      B-1 is attached, on behalf of West
      Coast Opportunity Fund, LLC.

    

      
        	
                Name
                  / Title

              	 	
                Specimen
                  Signature

              
	 	 	 
	  
	 	  
 
	
                Name

              	 	
                Signature

              
	    
	 	 
	
                Title

              	 	 
	 	 	 
	  
	 	   
	
                Name

              	 	
                Signature

              
	  
	 	 
	
                Title

              	 	 
	 	 	 
	 
	 	 
                 
	
                Name

              	 	
                Signature

              
	 	 	 
	
                Title

              	 	 
	 	 	 
	 
	 	  
	
                Name

              	 	
                Signature

              
	 
	 	 
	
                Title

              	 	 

      

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      B-2

    CERTIFICATE
      AS TO AUTHORIZED SIGNATURES

     

    The
      specimen signatures shown below are the specimen signatures of the individuals
      who have been designated as authorized representatives of Atlas
      Technology Group (US),
      Inc.
      and are
      authorized to initiate and approve transactions of all types for the escrow
      account or accounts established under the Escrow Agreement to which this Exhibit
      B-2 is attached, on behalf of Atlas
      Technology Group (US), Inc.

    

      
        	
                Name
                  / Title

              	 	
                Specimen
                  Signature

              
	 	 	 
	  
	 	  
 
	
                Name

              	 	
                Signature

              
	    
	 	 
	
                Title

              	 	 
	 	 	 
	  
	 	   
	
                Name

              	 	
                Signature

              
	  
	 	 
	
                Title

              	 	 
	 	 	 
	 
	 	 
                 
	
                Name

              	 	
                Signature

              
	 	 	 
	
                Title

              	 	 
	 	 	 
	 
	 	  
	
                Name

              	 	
                Signature

              
	 
	 	 
	
                Title

              	 	 

      

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    EXHIBIT
      C

    FEES
      OF
      ESCROW AGENT

     

    
      
        	
                
                  ADMINISTRATION
                    FEE:

                

              	
                $1,500.00

              

      

    

     

    Administration
      Fee compensates Wells Fargo for normal administrative duties including routine
      account management, investment transactions, cash transaction processing
      (including wires and check processing), disbursement of the funds in accordance
      with the agreement, and mailing of account statements to all applicable parties.
      

     

    The
      Administration Fee is payable in advance at the time of Escrow Agreement
      execution. The Administration Fee will not be prorated in case of early
      termination. 

     

    
      
        
          	
                  
                    
                      OUT-OF-POCKET
                        EXPENSES:

                    

                  

                	
                  AT
                    COST

                

        

      

       

    

    Wells
      Fargo reserves the right to bill at cost for out-of-pocket expenses such as,
      but
      not limited to, express mail, wire charges and travel expenses, if required,
      incurred in connection with a closing.

     

    ASSUMPTIONS:

     

    
      	·  	
              Number
                of funds/accounts: One (1)

            

    

    
      	 	 

      	·  	
              Number
                of Deposits: Two (2)

            

      	 	 

    

    
      	·  	
              Number
                of Withdrawals: Two (2 )

            

    

    
      	 	 

      	·  	
              Term
                of the Escrow Account: Less than One
                Year

            

    

    

    
      	
              
                NOTE:

              

            	
              The
                transaction underlying this proposal, and all related legal documentation,
                is subject to review and acceptance by Wells Fargo Bank in accordance
                with
                industry standards. Should the actual transaction materially differ
                from
                the assumptions used herein, Wells Fargo Bank reserves the right
                to
                affirm, modify or rescind this proposal. Acceptance of the appointment
                as
                Escrow Agent is subject to the receipt of requested Due Diligence
                information on each of the signing parties to the agreement as required
                by
                the USA Patriot Act. All funds will be received from or distributed
                to a
                domestic or an approved foreign entity. Fees are subject to periodic
                review and adjustment

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