Document:

EXHIBIT
10.5

    

    THIS WARRANT AND THE COMMON SHARES
ISSUABLE UPON EXERCISE OF THIS WARRANT HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED. THIS WARRANT AND THE COMMON SHARES ISSUABLE
UPON EXERCISE OF THIS WARRANT MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED
IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT UNDER SAID ACT OR AN
OPINION OF COUNSEL REASONABLY SATISFACTORY TO WES CONSULTING, INC. THAT SUCH REGISTRATION IS NOT
REQUIRED.

    

    
      
        	 
      	
                Right
      to Purchase 250,000 shares of Common Stock of WES CONSULTING, INC.
      (subject to adjustment as provided
herein)

              

      

    

    

    COMMON
STOCK PURCHASE WARRANT

     

    
      
        	
                No.
      2009-A-003

              	
                Issue
      Date as of: September 2, 2009

              

      

    

    

    WES CONSULTING, INC., a corporation
organized under the laws of the State of Florida (the “Company”), hereby
certifies that, for value received, Belmont Partners, LLC (the “Holder”), is
entitled, subject to the terms set forth below, to purchase from the Company at
any time after the Issue Date until 5:00 p.m., E.S.T on the third (3rd)
anniversary after the Issue Date (the “Expiration Date”), 250,000 fully paid and
non-assessable shares of Common Stock at a per share purchase price of $0.25,
subject to adjustment pursuant to Section . The afore described purchase price
per share, as adjusted from time to time as herein provided, is referred to
herein as the “Purchase Price.”  The number and character of such
shares of Common Stock and the Purchase Price are subject to adjustment as
provided herein.

    

    As used
herein the following terms, unless the context otherwise requires, have the
following respective meanings:

     

    (a)           The
term “Company” shall include WES Consulting, Inc. and any corporation which
shall succeed or assume the obligations of WES Consulting, Inc.
hereunder.

     

    (b)           The
term “Common Stock” includes (a) the Company’s Common Stock, $0.01 par
value per share, and (b) any other securities into which or for which any of the
securities described in (a) may be converted or exchanged pursuant to a
plan of recapitalization, reorganization, merger, sale of assets or
otherwise.

     

    (c)           The
term “Other Securities” refers to any stock (other than Common Stock) and other
securities of the Company or any other person (corporate or otherwise) which the
holder of the Warrant at any time shall be entitled to receive, or shall have
received, on the exercise of the Warrant, in lieu of or in addition to Common
Stock, or which at any time shall be issuable or shall have been issued in
exchange for or in replacement of Common Stock or Other Securities pursuant to
Section 5 or otherwise.

     

    (d)           The
term “Warrant Shares” shall mean the Common Stock issuable upon exercise of this
Warrant.

     

    1.            
Exercise of
Warrant.

     

    1.1.           Number of Shares Issuable
upon Exercise.  From and after the Issue Date through and
including the Expiration Date, the Holder hereof shall be entitled to receive,
upon exercise of this Warrant in whole in accordance with the terms of
subsection 1.2 or upon exercise of this Warrant in part in accordance with
subsection 1.3, 250,000 shares of Common Stock of the Company, subject to
adjustment pursuant to Section 4.

     

    1.2.           Full
Exercise.  This Warrant may be exercised in full by the Holder
hereof by delivery of an original or facsimile copy of the form of subscription
attached as Exhibit A hereto (the “Subscription Form”) duly executed by
such Holder and surrender of the original Warrant within four (4) days of
exercise, to the Company at its principal office or at the office of its Warrant
Agent (as provided hereinafter), accompanied by payment, in cash, wire transfer
or by certified or official bank check payable to the order of the Company, in
the amount obtained by multiplying the number of shares of Common Stock for
which this Warrant is then exercisable by the Purchase Price then in
effect.

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    1.3.           Partial Exercise.  This
Warrant may be exercised in part (but not for a fractional share) by surrender
of this Warrant in the manner and at the place provided in subsection 1.2
except that the amount payable by the Holder on such partial exercise shall be
the amount obtained by multiplying (a) the number of whole shares of Common
Stock designated by the Holder in the Subscription Form by (b) the Purchase
Price then in effect.  On any such partial exercise, the Company, at
its expense, will forthwith issue and deliver to or upon the order of the Holder
hereof a new Warrant of like tenor, in the name of the Holder hereof or as such
Holder (upon payment by such Holder of any applicable transfer taxes) may
request, the whole number of shares of Common Stock for which such Warrant may
still be exercised.

     

    1.4.           Fair Market Value.
Fair Market Value of a share of Common Stock as of a particular date (the
“Determination Date”) shall mean:

     

    (a)           If
the Company’s Common Stock is traded on an exchange or is quoted on the National
Association of Securities Dealers, Inc. Automated Quotation (“NASDAQ”), National
Market System, the NASDAQ Capital Market or the American Stock Exchange, LLC,
then the closing or last sale price, respectively, reported for the last
business day immediately preceding the Determination Date;

     

    (b)           If
the Company’s Common Stock is not traded on an exchange or on the NASDAQ
National Market System, the NASDAQ Capital Market or the American Stock
Exchange, Inc., but is traded in the over-the-counter market, then the average
of the closing bid and ask prices reported for the last business day immediately
preceding the Determination Date;

     

    (c)           Except
as provided in clause (d) below, if the Company’s Common Stock is not
publicly traded, then as the Holder and the Company agree, or in the absence of
such an agreement, by arbitration in accordance with the rules then standing of
the American Arbitration Association, before a single arbitrator to be chosen
from a panel of persons qualified by education and training to pass on the
matter to be decided; or

     

    (d)           If
the Determination Date is the date of a liquidation, dissolution or winding up,
or any event deemed to be a liquidation, dissolution or winding up pursuant to
the Company’s charter, then all amounts to be payable per share to holders of
the Common Stock pursuant to the charter in the event of such liquidation,
dissolution or winding up, plus all other amounts to be payable per share in
respect of the Common Stock in liquidation under the charter, assuming for the
purposes of this clause (d) that all of the shares of Common Stock
then issuable upon exercise of all of the Warrants are outstanding at the
Determination Date.

     

    1.5.           Company
Acknowledgment. The Company will, at the time of the exercise of the
Warrant, upon the request of the Holder hereof acknowledge in writing its
continuing obligation to afford to such Holder any rights to which such Holder
shall continue to be entitled after such exercise in accordance with the
provisions of this Warrant. If the Holder shall fail to make any such request,
such failure shall not affect the continuing obligation of the Company to afford
to such Holder any such rights.

     

    1.6.           Trustee for Warrant
Holders. In the event that a qualified bank or trust company shall have
been appointed as trustee for the Holder of the Warrants pursuant to
Subsection 3.2, such bank or trust company shall have all the powers and
duties of a warrant agent (as hereinafter described) and shall accept, in its
own name for the account of the Company or such successor person as may be
entitled thereto, all amounts otherwise payable to the Company or such
successor, as the case may be, on exercise of this Warrant pursuant to this
Section 1.

     

               1.7           Delivery of Stock
Certificates, etc. on Exercise. The Company agrees that the shares of
Common Stock purchased upon exercise of this Warrant shall be deemed to be
issued to the Holder hereof as the record owner of such shares as of the close
of business on the date on which this Warrant shall have been surrendered and
payment made for such shares as aforesaid. As soon as practicable after the
exercise of this Warrant in full or in part, and in any event within three (3)
business days thereafter, the Company at its expense (including the payment by
it of any applicable issue taxes) will cause to be issued in the name of and
delivered to the Holder hereof, or as such Holder (upon payment by such Holder
of any applicable transfer taxes) may direct in compliance with applicable
securities laws, a certificate or certificates for the number of duly and
validly issued, fully paid and nonassessable shares of Common Stock (or Other
Securities) to which such Holder shall be entitled on such exercise, plus, in
lieu of any fractional share to which such Holder would otherwise be entitled,
cash equal to such fraction multiplied by the then Fair Market Value of one full
share of Common Stock, together with any other stock or other securities and
property (including cash, where applicable) to which such Holder is entitled
upon such exercise pursuant to Section 1 or otherwise.

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

     2.           Cashless
Exercise.

     

    (a)           Except
as described below, if a Registration Statement is effective and the Holder may
sell its shares of Common Stock upon exercise hereof pursuant to the
Registration Statement, this Warrant may be exercisable in whole or in part for
cash only as set forth in Section 1 above.  If no such Registration
Statement is available, then commencing six months after the Issue Date,
payment upon exercise may be made at the option of the Holder either in
(i) cash, wire transfer or by certified or official bank check payable to
the order of the Company equal to the applicable aggregate Purchase Price, (ii)
by cashless exercise in accordance with Section (b) below or
(iii) by a combination of any of the foregoing methods, for the number of
shares of Common Stock specified in such form (as such exercise number shall be
adjusted to reflect any adjustment in the total number of shares of Common Stock
issuable to the Holder per the terms of this Warrant) and the Holder shall
thereupon be entitled to receive the number of duly authorized, validly issued,
fully-paid and non-assessable shares of Common Stock (or Other Securities)
determined as provided herein.

     

    (b)           If
the Fair Market Value of one share of Common Stock is greater than the Purchase
Price (at the date of calculation as set forth below), in lieu of exercising
this Warrant for cash, the Holder may elect to receive shares equal to the value
(as determined below) of this Warrant (or the portion thereof being cancelled)
by surrender of this Warrant at the principal office of the Company together
with the properly endorsed Subscription Form in which event the Company shall
issue to the Holder a number of shares of Common Stock computed using the
following formula:

    

    X=Y (A-B)

              A

    

    
      
        	
                Where

              	X=	the
      number of shares of Common Stock to be issued to the holder
	 	 	 
	
                 
      

              	
                Y=

              	
                the
      number of shares of Common Stock purchasable under the Warrant or, if only
      a portion of the Warrant is being exercised, the portion of the Warrant
      being exercised (at the date of such
  calculation)

              

      

    

     

    
      	
               
      

            	
              A=

            	
              the
      Fair Market Value of one share of the Company’s Common Stock (at the date
      of such calculation)

            

    

     

    
      	
               
      

            	
              B=

            	
              Purchase
      Price (as adjusted to the date of such
  calculation)

            

    

     

    For
purposes of Rule 144 promulgated under the 1933 Act, as amended, it is intended,
understood and acknowledged that the Warrant Shares issued in a cashless
exercise transaction shall be deemed to have been acquired by the Holder, and
the holding period for the Warrant Shares shall be deemed to have commenced, on
the date this Warrant.

     

    3.           
Adjustment for
Reorganization, Consolidation, Merger, etc.

     

    3.1.           Reorganization,
Consolidation, Merger, etc.  In case at any time or from time
to time, the Company shall (a) effect a reorganization,
(b) consolidate with or merge into any other person or (c) transfer
all or substantially all of its properties or assets to any other person under
any plan or arrangement contemplating the dissolution of the Company, then, in
each such case, as a condition to the consummation of such a transaction, proper
and adequate provision shall be made by the Company whereby the Holder of this
Warrant, on the exercise hereof as provided in Section 1, at any time after
the consummation of such reorganization, consolidation or merger or the
effective date of such dissolution, as the case may be, shall receive, in lieu
of the Common Stock (or Other Securities) issuable on such exercise prior to
such consummation or such effective date, the stock and other securities and
property (including cash) to which such Holder would have been entitled upon
such consummation or in connection with such dissolution, as the case may be, if
such Holder had so exercised this Warrant, immediately prior thereto, all
subject to further adjustment thereafter as provided in
Section 4.

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    3.2.           Dissolution.  In
the event of any dissolution of the Company following the transfer of all or
substantially all of its properties or assets, the Company, prior to such
dissolution, shall at its expense deliver or cause to be delivered the stock and
other securities and property (including cash, where applicable) receivable in
accordance with Section 3.1 by the Holder of the Warrants upon their exercise
after the effective date of such dissolution pursuant to this Section 3 to
a bank or trust company (a “Trustee”) having its principal office in
New York, NY, as trustee for the Holder of the Warrants.

     

    3.3.           Continuation of
Terms.  Upon any reorganization, consolidation, merger or
transfer (and any dissolution following any transfer) referred to in this
Section 3, this Warrant shall continue in full force and effect and the
terms hereof shall be applicable to the Other Securities and property receivable
on the exercise of this Warrant after the consummation of such reorganization,
consolidation or merger or the effective date of dissolution following any such
transfer, as the case may be, and shall be binding upon the issuer of any Other
Securities, including, in the case of any such transfer, the person acquiring
all or substantially all of the properties or assets of the Company, whether or
not such person shall have expressly assumed the terms of this Warrant as
provided in Section 4.  In the event this Warrant does not
continue in full force and effect after the consummation of the transaction
described in this Section 3, then only in such event will the Company’s
securities and property (including cash, where applicable) receivable by the
Holder of the Warrants be delivered to the Trustee as contemplated by
Section 3.2.

     

    4.           Extraordinary Events
Regarding Common Stock.  In the event that the Company shall
(a) issue additional shares of the Common Stock as a dividend or other
distribution on outstanding Common Stock, (b) subdivide its outstanding
shares of Common Stock, or (c) combine its outstanding shares of the Common
Stock into a smaller number of shares of the Common Stock, then, in each such
event, the Purchase Price shall, simultaneously with the happening of such
event, be adjusted by multiplying the then Purchase Price by a fraction, the
numerator of which shall be the number of shares of Common Stock outstanding
immediately prior to such event and the denominator of which shall be the number
of shares of Common Stock outstanding immediately after such event, and the
product so obtained shall thereafter be the Purchase Price then in effect. The
Purchase Price, as so adjusted, shall be readjusted in the same manner upon the
happening of any successive event or events described herein in this
Section 4. The number of shares of Common Stock that the Holder of this
Warrant shall thereafter, on the exercise hereof as provided in Section 1,
be entitled to receive shall be adjusted to a number determined by multiplying
the number of shares of Common Stock that would otherwise (but for the
provisions of this Section 4) be issuable on such exercise by a fraction of
which (a) the numerator is the Purchase Price that would otherwise (but for
the provisions of this Section 4) be in effect, and (b) the
denominator is the Purchase Price in effect on the date of such
exercise.

     

    5.           Certificate as to
Adjustments.  In each case of any adjustment or readjustment in
the shares of Common Stock (or Other Securities) issuable on the exercise of the
Warrants, the Company at its expense will promptly cause its Chief Financial
Officer or other appropriate designee to compute such adjustment or readjustment
in accordance with the terms of the Warrant and prepare a certificate setting
forth such adjustment or readjustment and showing in detail the facts upon which
such adjustment or readjustment is based, including a statement of (a) the
consideration received or receivable by the Company for any additional shares of
Common Stock (or Other Securities) issued or sold or deemed to have been
issued or sold, (b) the number of shares of Common Stock (or Other
Securities) outstanding or deemed to be outstanding, and (c) the Purchase
Price and the number of shares of Common Stock to be received upon exercise of
this Warrant, in effect immediately prior to such adjustment or readjustment and
as adjusted or readjusted as provided in this Warrant. The Company will
forthwith mail a copy of each such certificate to the Holder of the Warrant and
any Warrant Agent of the Company (appointed pursuant to Section 11
hereof).

     

    6.           Reservation of Stock, etc.
Issuable on Exercise of Warrant; Financial
Statements.   The Company will at all times reserve and
keep available, solely for issuance and delivery on the exercise of the
Warrants, all shares of Common Stock (or Other Securities) from time to time
issuable on the exercise of the Warrant.  This Warrant entitles the
Holder hereof to receive copies of all financial and other information
distributed or required to be distributed to the holders of the Company’s Common
Stock.

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    7.           Assignment; Exchange of
Warrant.  Subject to compliance with applicable securities
laws, this Warrant, and the rights evidenced hereby, may be transferred by any
registered holder hereof (a “Transferor”). On the surrender for exchange of this
Warrant, with the Transferor’s endorsement in the form of Exhibit B
attached hereto (the “Transferor Endorsement Form”) and together with an opinion
of counsel reasonably satisfactory to the Company that the transfer of this
Warrant will be in compliance with applicable securities laws, the Company at
its expense, twice, only, but with payment by the Transferor of any applicable
transfer taxes, will issue and deliver to or on the order of the Transferor
thereof a new Warrant or Warrants of like tenor, in the name of the Transferor
and/or the transferee(s) specified in such Transferor Endorsement Form (each a
“Transferee”), calling in the aggregate on the face or faces thereof for the
number of shares of Common Stock called for on the face or faces of the
Warrant so surrendered by the Transferor.  No such transfers
shall result in a public distribution of the Warrant.

     

    8.           Replacement of
Warrant.  On receipt of evidence reasonably satisfactory to the
Company of the loss, theft, destruction or mutilation of this Warrant and, in
the case of any such loss, theft or destruction of this Warrant, on delivery of
an indemnity agreement or security reasonably satisfactory in form and amount to
the Company or, in the case of any such mutilation, on surrender and
cancellation of this Warrant, the Company at its expense, twice only, will
execute and deliver, in lieu thereof, a new Warrant of like tenor.

     

    9.           Registration
Rights.  Promptly following the date hereof, the Company shall
prepare and file with the Securities and Exchange Commission a registration
statement on Form S-1 (or, if Form S-1 is not then available to the Company, on
such form of registration statement as is then available to effect a
registration for resale of the underlying securities with respect to this
Warrant issued to the Holder covering the resale of such underlying
securities).  Such registration statement also shall cover, to the
extent allowable under the 1933 Act and the Rules promulgated thereunder
(including Rule 416), such indeterminate number of additional shares of Common
Stock resulting from stock splits, stock dividends or similar transactions with
respect to the underlying securities.

     

    10.           Maximum
Exercise.  The Holder shall not be entitled to exercise this
Warrant on an exercise date, in connection with that number of shares of Common
Stock which would be in excess of the sum of (i) the number of shares of
Common Stock beneficially owned by the Holder and its affiliates on an exercise
date, and (ii) the number of shares of Common Stock issuable upon the
exercise of this Warrant with respect to which the determination of this
limitation is being made on an exercise date, which would result in beneficial
ownership by the Holder and its affiliates of more than 9.99% of the outstanding
shares of Common Stock on such date.  For the purposes of the
immediately preceding sentence, beneficial ownership shall be determined in
accordance with Section 13(d) of the Securities Exchange Act of 1934,
as amended, and Regulation 13d-3 thereunder.  Subject to the
foregoing, the Holder shall not be limited to aggregate exercises which would
result in the issuance of more than 9.99%.  The restriction described
in this paragraph may be waived, in whole or in part, upon sixty-one (61)
days prior notice from the Holder to the Company.  The Holder may
decide whether to convert a Convertible Note or exercise this Warrant to achieve
an actual 9.99% ownership position.

     

    11.           Warrant
Agent.  The Company may, by written notice to the Holder of the
Warrant, appoint an agent (a “Warrant Agent”) for the purpose of issuing Common
Stock (or Other Securities) on the exercise of this Warrant pursuant to
Section 1, exchanging this Warrant pursuant to Section 7, and
replacing this Warrant pursuant to Section 8, or any of the foregoing,
and thereafter any such issuance, exchange or replacement, as the case may
be, shall be made at such office by such Warrant Agent.

     

    12.           Transfer on the
Company’s
Books.  Until this Warrant is transferred on the books of the
Company, the Company may treat the registered holder hereof as the absolute
owner hereof for all purposes, notwithstanding any notice to the
contrary.

     

    13.           Notices.   All
notices, demands, requests, consents, approvals, and other communications
required or permitted hereunder shall be in writing and, unless otherwise
specified herein, shall be (i) personally served, (ii) deposited in the mail,
registered or certified, return receipt requested, postage prepaid, (iii)
delivered by reputable air courier service with charges prepaid, or (iv)
transmitted by hand delivery, telegram, or facsimile, addressed as set forth
below or to such other address as such party shall have specified most recently
by written notice.  Any notice or other communication required or
permitted to be given hereunder shall be deemed effective (a) upon hand delivery
or delivery by facsimile, with accurate confirmation generated by the
transmitting facsimile machine, at the address or number designated below (if
delivered on a business day during normal business hours where such notice is to
be received), or the first business day following such delivery (if delivered
other than on a business day during normal business hours where such notice is
to be received) or (b) on the second business day following the date of mailing
by express courier service, fully prepaid, addressed to such address, or upon
actual receipt of such mailing, whichever shall first occur or (c) three
business days after deposited in t he mail if delivered pursuant to subsection
(ii) above.  The addresses for such communications shall be: (i) if to
the Company to: WES Consulting, Inc..,  2745 Bankers Industrial Drive,
Atlanta, GA, 30360 (ii) if to the Holder, to Belmont Partners, LLC, 360 Main
Street, Washington, VA 22747.

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    

    14.           Agreement Not a Contract of
Employment or Other Relationship.  This Warrant is not a
contract of employment or other relationship, and the terms that Holder acts as
a consultant (or employee) or any other relationship of the Holder with the
Company or any of its subsidiaries or affiliates shall not be affected in any
way by this Warrant except as specifically provided herein.  The
execution of this Warrant shall not be construed as conferring any legal rights
upon the Holder for continuation as a member of the Board of Directors of the
Company (or employee) of the Company or for the continuation of any other
relationship with the Company or any of its subsidiaries or affiliates, nor
shall it interfere with the right of the Company or any of its subsidiaries or
affiliates to treat the Holder without regard to the effect which such treatment
might have upon him as a Holder.

    

    15.           Miscellaneous.  This
Warrant and any term hereof may be changed, waived, discharged or terminated
only by an instrument in writing signed by the party against which enforcement
of such change, waiver, discharge or termination is sought. This Warrant shall
be construed and enforced in accordance with and governed by the laws of
Georgia.  Any dispute relating to this Warrant shall be adjudicated in
Dekalb County in the State of Georgia.  The headings in this Warrant
are for purposes of reference only, and shall not limit or otherwise affect any
of the terms hereof.  The invalidity or unenforceability of any
provision hereof shall in no way affect the validity or enforceability of any
other provision.

    

    IN
WITNESS WHEREOF, the Company has executed this Warrant as of the date first
written above.

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          	 
      	 
      	
                                  WES
      Consulting, Inc.

                                	 
	 
      	 
      	 
      	 
      	 
	 
      	 
      	
                                  By:

                                	
                                  /s/ Louis S. Friedman

                                	 
	 
      	 
      	 
      	
                                  Name:  Louis
      S. Friedman

                                	 
	 
      	 
      	 
      	
                                  Title:    President

                                	 
	 
      	 
      	 
      	 
      	 
	
                                  Witness:

                                	 
      	 
      	 
      	 
	 
      	 
      	 
      	 
      	 
	  
      	  
      	 
      	  
      	 

                        

                      

                    

                  

                

              

            

          

        

      

    

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    Exhibit A

    FORM OF
SUBSCRIPTION

    (to be
signed only on exercise of Warrant)

    TO:  WES
CONSULTING, INC.

    The
undersigned, pursuant to the provisions set forth in the attached Warrant
(No.____), hereby irrevocably elects to purchase (check applicable
box):

    

    ___           ________
shares of the Common Stock covered by such Warrant; or

     

    ___           the
maximum number of shares of Common Stock covered by such Warrant pursuant to the
cashless exercise procedure set forth in Section 2.

    

    The
undersigned herewith makes payment of the full purchase price for such shares at
the price per share provided for in such Warrant, which is
$___________.  Such payment takes the form of (check applicable box or
boxes):

    ___           $__________
in lawful money of the United States; and/or

     

    ___           the
cancellation of the Warrant to the extent necessary, in accordance with the
formula set forth in Section 2, to exercise this Warrant with respect to
the maximum number of shares of Common Stock purchasable pursuant to the
cashless exercise procedure set forth in Section 2.

    

    The
undersigned requests that the certificates for such shares be issued in the name
of, and delivered to _____________________________________________________ whose
address is
__________________________________________________________________________________________________________________________________________________________________________

    __________________________________________________________________________________________________________________________________________________________________________

    Number of Shares of Common Stock Beneficially Owned on
the date of exercise: Less than five percent (5%) of the outstanding Common Stock of WES CONSULTING, INC.

    

    The
undersigned represents and warrants that all offers and sales by the undersigned
of the securities issuable upon exercise of the within Warrant shall be made
pursuant to registration of the Common Stock under the Securities Act of 1933,
as amended (the “Securities Act”), or pursuant to an exemption from registration
under the Securities Act.

    

    
      
        
          
            
              
                
                  
                    
                      	      
                              Dated:

                            	 
        	
                                  
      

                            	  
      
	 
      	
                              (Signature
      must conform to name of holder as specified on the face of the
      Warrant)

                            
	 
      	 
      
	 
      	  
      
	 
      	  
      
	 
      	
                               (Address)

                            

                    

                  

                

              

            

          

        

      

    

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    Exhibit B

    

    FORM OF
TRANSFEROR ENDORSEMENT

    (To be
signed only on transfer of Warrant)

     

    For value
received, the undersigned hereby sells, assigns, and transfers unto the
person(s) named below under the heading “Transferees” the right represented by
the within Warrant to purchase the percentage and number of shares of Common
Stock of WES Consulting, Inc. to which the within Warrant relates specified
under the headings “Percentage Transferred” and “Number Transferred,”
respectively, opposite the name(s) of such person(s) and appoints each such
person Attorney to transfer its respective right on the books of WES Consulting,
Inc. with full power of substitution in the premises.

     

    
      
        
          
            
              
                	
                        Transferees

                      	 	
                        Percentage Transferred

                      	 	
                        Number Transferred

                      
	 
      	 	 
      	 	 
      
	 
      	 	 
      	 	 
      

              

            

          

        

      

    

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          	
                                  Dated:  ______________,
      ____________________

                                	 
      	 
      
	 
      	 
      	
                                  (Signature
      must conform to name of holder as specified on the face of the
      warrant)

                                
	 
      	 
      	 
      
	
                                  Signed
      in the presence of:

                                	 
      	 
      
	 
      	 
      	 
      
	 
      	 
      	      
      
	
                                  (Name)

                                	 
      	
                                       
      

                                
	 
      	 
      	
                                  (address)

                                
	 
      	 
      	 
      
	
                                  ACCEPTED
      AND AGREED:

                                	 
      	 
      
	
                                  [TRANSFEREE]

                                	 
      	
                                     

                                
	 
      	 
      	      
                                  (address)

                                
	 
      	 
      	 
      
	 
      	 
      	 
      
	
                                  (Name)EXHIBIT
10.6

    

    LOAN
AND SECURITY AGREEMENT

    

    BETWEEN

    

    ENTREPRENEUR
GROWTH CAPITAL LLC

    505
Park Avenue

    New
York, New York 10022

    

    AND

    

    ONE
UP INNOVATIONS, INC.

    FOAM
LABS, INC.

    2745
Bankers Industrial Drive

    Atlanta,
GA  30360

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    This LOAN AND SECURITY AGREEMENT
(“Agreement”) dated
November 10, 2009 between ONE UP INNOVATIONS, INC., a Georgia corporation and
FOAM LABS, INC., a Georgia corporation, each having its principal place of
business at 2745 Bankers Industrial Drive, Atlanta, GA 30360 (individually and
collectively, the "Borrower") and ENTREPRENEUR
GROWTH CAPITAL, LLC, a Delaware limited liability company, having a principal
office at 505 Park Avenue, 6th Floor,
New York, NY 10022 (hereinafter called "Lender").  This
Agreement sets forth the terms and conditions upon which Lender may, in its sole
and absolute discretion, make loans, advances and other financial accommodations
to or for the benefit of Borrower upon the security referred to
herein.

    

    
      	
              SECTION 1. 

            	
                 DEFINED
    TERMS

            

    

    

    1.1.           All
capitalized terms used in this Agreement are defined either in this Agreement,
in the attached loan schedule (“Loan Schedule”), or in any
supplement to this Agreement or Loan Schedule.  All terms used herein
which are defined in Article 1 or Article 9 of the Uniform Commercial Code (the
"UCC") shall have the
same meaning as presently or as may hereafter be given therein unless otherwise
defined in this Agreement.  All references to the plural shall also
mean the singular.

    

    1.2.           "Account" or
"Accounts" shall have the same meaning as contained in Article 9 of the UCC and
shall also include contract rights and general intangibles related to Accounts,
payment intangibles, instruments, and to all proceeds thereof including, but not
limited to, the proceeds of any insurance thereon whether or not specifically
assigned to Lender.

    

    1.3.           "Account Debtor" shall
have the same meaning as contained in Article 9 of the UCC and shall also
include each debtor or obligor in any way obligated on or in connection with any
Account.

    

    1.4.           “Closing Date” means
the date of the initial advance made by Lender pursuant to this
Agreement.

    

    1.5.           "Collateral" shall
have the meaning set forth in Section 3.1 of this Agreement.

    

    1.6.           "Collateral Monitoring
Fee" shall have the meaning set forth in the Loan Schedule.

    

    1.7.           "Costs and Expenses"
shall include, but not be limited to commissions, fees, appraisal fees, taxes,
title insurance premiums, internal and external field examination expenses for
routine and non-routine audits and field examinations, filing, recording and
search expenses, reasonable internal and external attorney's fees and
disbursements (as may be incurred with respect to the effectuation of this
Agreement or any claim of any nature or litigation whatsoever arising out of or
as a result of the interpretation of this Agreement or the financing provided
for hereunder, including, but not limited to, all fees and expenses for the
service and filing of papers, premiums on bonds and undertakings, fees of
marshals, sheriffs, custodians, auctioneers and others, travel expenses and all
court costs and collection charges), postage, wire transfer fees, check dishonor
fees and other internal and/or external fees, costs and expenses arising out of
or relating to the negotiations, preparation, consummation, administration and
enforcement of this Agreement or any other agreement between Borrower and Lender
including, but not limited to any guaranty of the Obligations (as defined
herein).

    

    1.8           "Eligible Accounts"
means Accounts arising in the ordinary course of Borrower's business from the
sale of goods or rendition of services, which Lender, in its reasonable business
discretion, shall deem eligible based on such considerations as Lender may from
time to time deem appropriate.  Without limiting the foregoing, a
Account shall not be deemed to be an Eligible Account if (i) the Account Debtor
has failed to pay the Account within a period of ninety (90) days after invoice
date; (ii) the account debtor has failed to pay more than 25% of all outstanding
Accounts owed by it to Borrower within ninety (90) days after invoice date;
(iii) the Account Debtor's total obligations to Borrower exceed 15% of all
Eligible Accounts, to the extent of such excess; (iv) the Account Debtor is a
subsidiary or affiliate of Borrower; (v) the goods relating thereto are placed
on consignment, guaranteed sale, “bill and hold,” “COD” or other terms pursuant
to which payment by the Account Debtor may be conditional; (vi) the Account
Debtor is not located in the United States unless the Account is supported by a
letter of credit or other form of guaranty or security, in each case in form and
substance satisfactory to Lender; (vii) the Account Debtor is the United States
or any department, agency or instrumentality thereof or any State, city or
municipality of the United States, except as otherwise agreed to in writing by
Lender; (viii) Borrower is or may become liable to the account debtor for goods
sold or services rendered by the account debtor to Borrower; (ix) the Account
Debtor disputes liability or makes any claim with respect thereto, or is subject
to any insolvency or bankruptcy proceeding, or becomes insolvent, fails or goes
out of a material portion of its business; (x) the amount thereof consists of
late charges or finance charges; (xi) the amount thereof consists of a credit
balance more than ninety (90) days past due; (xii) the invoice constitutes a
progress billing on a project not yet completed, except that the final billing
at such time as the matter has been completed and delivered to the customer may
be deemed an Eligible Account; (xiii) the amount thereof is not yet represented
by an invoice or bill issued in the name of the applicable Account Debtor; (xiv)
the amount thereof is denominated in or payable with any currency other than
U.S. Dollars; or (xv) such Account is not at all times subject to Lender’s duly
perfected first priority security interest.  In determining
eligibility, Lender may, but need not, rely on agings, reports and schedules of
Accounts furnished by Borrower but reliance by Lender thereon from time to time
shall not be deemed to limit its right to revise standards of eligibility at any
time without notice as to both Borrower's present and future
Accounts.

     

    
      
        
        

      

      
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    1.9.           "Facility Fee" shall
have the meaning set forth in the Loan Schedule.

    

    1.10.         "Line of Credit" as
used herein is $250,000.00 or such other
amount as shall be determined at Lender's reasonable business
discretion.

    

    1.11.         "Loan Documents"
means, collectively, this Agreement, any note or notes executed by Borrower and
payable to Lender, and any other present or future agreement entered into in
connection with this Agreement, together with all alterations, amendments,
changes, extensions, modifications, refinancings, refundings, renewals,
replacements, restatements, or supplements, of or to any of the
foregoing.

     

    1.12.         “Loan Party” "means
Borrower, each guarantor and each other party (other than Lender) to any Loan
Document.

    

    1.13.         "Minimum Interest
Charge" shall have the meaning set forth in the Loan
Schedule.

    

    1.14.         "Net Amount of Eligible
Accounts" shall mean the gross amount of Eligible Accounts less sales,
excise or similar taxes, and less returns, discounts, claims, credits, reserves
(as determined by Lender in its sole discretion) and allowances of any nature at
any time issued, owing, granted, outstanding, available or claimed.

    

    1.15.         "Obligations" shall
mean any and all loans, advances, accommodations, indebtedness, liabilities,
Costs and Expenses and all obligations of every kind and nature owing by
Borrower to Lender, however evidenced, whether as principal, guarantor or
otherwise, whether arising under this Agreement, any supplement hereto, or
otherwise, whether now existing or hereafter arising, whether direct or
indirect, absolute or contingent, joint or several, due or not due, primary or
secondary, liquidated or unliquidated, secured or unsecured, original, renewed,
modified or extended, and whether arising directly or acquired from others
(including, without limitation, wherever applicable, Lender's participations or
interests in Borrower's obligations to others) and including, without
limitation, all sums chargeable to Borrower hereunder or under any of the other
Loan Documents, of whatever nature, including commissions, interest, expenses,
costs and attorneys' fees.  Borrower shall be jointly and
severally liable for all of the Obligations hereunder and under any other
agreement between Lender and any Borrower.

    

    1.16.         "Person" means any
individual, sole proprietorship, partnership, joint venture, trust,
unincorporated organization, association, corporation, limited liability
company, government, or any agency or political division thereof, or any other
entity.

    

    
      	
              SECTION
      2.

            	
                 LOANS AND ADVANCES; INTEREST RATE AND
      OTHER CHARGES

            

    

    

    2.1.           Loans.  Whenever
the Borrower makes a request (but not more frequently than twice a week unless
Lender consents), Lender shall make loans, advances and/or extend credit to or
for the Borrower; but Lender shall not be obligated to make loans, advances
and/or extend credit beyond the Line of Credit set forth in the Loan Schedule
and subject to deduction of any loan reserves (“Loan
Reserves”) Lender deems proper from time to time in its reasonable
business discretion, and less amounts Lender may be obligated to pay in the
future on behalf of Borrower.  Advances under the Line of Credit
(“Loans”
and individually, a “Loan”)
shall be comprised of the amounts shown on the Loan Schedule.

     

    
      
        
        

      

      
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    2.2           Interest and
Fees.  The Borrower shall pay Lender the interest and fees set
forth on the Loan Schedule, but only to the maximum extent permitted by
applicable law.  Borrower shall pay principal, interest, and all other
amounts payable hereunder, or under any other Loan Document, without any
deduction whatsoever, including, but not limited to, any deduction for any
setoff or counterclaim.  In no event shall the Revolving Interest
Rate or the Default Rate of Interest exceed the highest rate permitted
under any applicable law or regulation.  If any part or provision of
this Agreement is in contravention of any such law or regulation, such part or
provision shall be deemed amended to conform thereto, and any payment of
interest and fees which individually or collectively might be deemed to be in
excess of the highest rate permitted by law shall be credited against Borrower's
Obligations as principal repayments of loans and advances made hereunder, to the
extent of such excess.

    

    2.3           Overlines;
Overadvances.  If at any time or for any reason the outstanding
amount of advances extended or issued pursuant hereto exceeds any of the dollar
limitations (“Overline”)
or percentage limitations (“Overadvance”)
in the Loan Schedule on any day in any month, then Borrower shall, upon Lender's
demand, immediately pay to Lender, in cash, the full amount of such Overline or
Overadvance which, at Lender’s option, may be applied to reduce the outstanding
principal balance of the Loans or any other Obligations.  Without
limiting Borrower's obligation to repay to Lender on demand the amount of any
Overline or Overadvance, Borrower agrees to pay Lender interest on the
outstanding principal amount of any Overline or Overadvance, on demand, at the
rate set forth on the Loan Schedule, whether any such Overline or Overadvance is
made with or without Lender's knowledge or consent.

     

    2.4.           (a)         Establishment of a Lockbox
Account or Dominion Account.  Borrower shall cause all proceeds
of Collateral to be remitted directly to Lender by instructing its Account
Debtors to direct their payments as follows:

     

    Name
of Borrower

    Accounting
Department

    505
Park Avenue, 6th
Floor

    New
York, NY 10022

     

    (b)           Lender
may, at any time and from time to time, direct Borrower to collect and deliver
to Lender in their original form, on the same date as the date of the actual
receipt thereof, all checks, drafts, notes, acceptances, cash, wire transfers
and any other evidences of payment, and/or direct Borrower to cause all proceeds
of Collateral to be deposited into a lock box account or other blocked account
as Lender may require or take any other action Lender may require.

     

    2.5.         Clearance or Float
Days.  In computing interest on the Obligations, all checks,
wire transfers and other items of payment received by Lender (including proceeds
of Accounts and payment of the Obligations in full) shall be deemed applied by
Lender on account of the Obligations on the day such payment is received or, if
received after 12noon New York, NY time, the next business
day.  However, Lender shall be entitled to charge Borrower’s account
five (5) business days of “clearance” or “float” at the Revolving Interest Rate
set forth in the Loan Schedule, on all checks, wire transfers and other items
received by Lender, regardless of whether such five (5) business days of
clearance or float actually occur, and such charge shall be deemed to be the
equivalent of charging five (5) business days of interest on such payments
and/or collections.  The five (5) business days clearance or float
charge on all payments and collections is acknowledged by the parties to
constitute an integral aspect of the pricing of Lender’s financing to
Borrower.  Lender shall not, however, be required to credit Borrower’s
account for the amount of any item of payment which is unsatisfactory to Lender,
in Lenders reasonable business discretion, and Lender may charge Borrower’s loan
account for the amount of any item of payment which is returned to Lender
unpaid.

    

    2.6.         Application of Collateral
and Payments.  Except as otherwise provided herein, Lender
shall have the continuing and exclusive right to apply or reverse and re-apply
any and all payments to any portion of the Obligations in such order and manner
as Lender shall determine in its reasonable business discretion.  To
the extent that Borrower makes a payment or Lender receives any payment or
proceeds of the Collateral for Borrower’s benefit that is subsequently
invalidated, set aside or required to be repaid to any other Person, then, to
such extent, the Obligations intended to be satisfied shall be revived and
continue as if such payment or proceeds had not been received by Lender and
Lender may adjust the Loan balances, in its reasonable business
discretion.

     

    
      
        
        

      

      
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    2.7.           Monthly
Accountings.  All Obligations shall be charged to an account in
the Borrower's name as maintained on Lender's books.  Lender shall
render to Borrower a monthly statement of its account which statement shall be
deemed correct, accepted by, and conclusively binding upon Borrower as an
account stated, except to the extent that Borrower shall deliver to Lender
written notice of any specific exceptions thereto within twenty (20) days after
the date such statement is rendered.

     

    2.8.           Charges to Borrower’s
Account.  All principal, interest, fees (including
Documentation Fees), commissions, charges, Costs and Expenses incurred with or
in respect of this Agreement, the other Loan Documents or any supplement or
amendment hereto or thereto (all of which shall be cumulative and not exclusive)
and any and all Obligations shall be charged to Borrower's account as maintained
by Lender.  In furtherance thereof, Borrower hereby authorizes Lender
to charge the Borrower's loan account on the first day of each month or as
Lender otherwise determines: (a) all Costs and Expenses; (b) all interest; and
(c) all fees and other charges provided in this Agreement and the other Loan
Documents.

     

    
      
        	
                SECTION 3.

              	
                   GRANTING PROVISIONS; SECURITY
      INTEREST

              

      

    

    

    3.1       
    Grant of
Security.  As security for the prompt performance, observance
and payment in full of all Obligations, Borrower hereby pledges, assigns,
transfers and grants to Lender a first priority security interest in, and
continuing lien upon, and right of setoff against, all of the assets of every
kind and nature of Borrower, in each case, whether now owned or existing or
hereafter created, acquired or arising and wherever located, all of which are
herein collectively referred to as the "Collateral" including but not
limited to, the following assets as defined under the UCC: (a) Accounts,
contract rights and the proceeds thereof;  (b) Chattel Paper,
including Electronic Chattel Paper and tangible Chattel Paper;  (c)
Collateral;  (d) Commercial Tort Claims;  (e) Deposit
Accounts;  (f) Documents;  (g) Equipment, machinery,
furniture, furnishings and fixtures and all parts, tools, accessories and
Accessions;  (h) Fixtures;  (i) General Intangibles,
including but not limited to patents, trademarks and tradenames and the goodwill
and inherent value associated therewith, tax refunds, customer lists, insurance
claims and goodwill of Borrower;  (j) Goods;  (k) Health
Care Insurance Receivables;  (l) Instruments;  (m)
Inventory, merchandise, materials, whether raw, work in progress or finished
goods, packaging and shipping materials and all other tangible property held for
sale or lease;  (n) Investment Property;  (o) Letter of
Credit Rights;  (p) Payment Intangibles; (q) Proceeds, including Cash
Proceeds and Non-Cash Proceeds, and proceeds of any insurance policies covering
any of the Collateral;  (r) Promissory Notes;  (s) Records,
including all books, records and other property at any time evidencing or
relating to any of the foregoing, and all electronic means of storing such
Records;  (t) to the extent not otherwise included above, all
collateral support and Supporting Obligations relating to any of the foregoing;
and  (u) to the extent not otherwise included above, all Proceeds,
products, accessions, rents and profits of or in respect of any of the
foregoing.  The security interests granted herein shall remain
effective whether or not the Collateral covered thereby is acceptable to Lender
or deemed by Lender to be ineligible for the purposes of any Loans or advances
contemplated under this Agreement.

    

    3.2.           Authorization to
File Financing Statements.  Borrower
hereby authorizes Lender to execute and/or file UCC financing statements
(including amendments) in order to perfect the security interests granted to
Lender under this Agreement, the other Loan Documents or otherwise.

     

    3.3.           Assignment of Accounts and
Other
Collateral.  Borrower shall assign and deliver to Lender a
duplicate and/or original invoice, and all original documents evidencing the
delivery of goods or the performance of services with regard to each Account,
including but not limited to all original contracts, purchase orders, invoices,
time sheets, bills of lading, warehouse receipts, delivery tickets and shipping
receipts, together with schedules describing the Accounts and/or written
confirmatory assignments to Lender of each Account, in form and substance
satisfactory to Lender and duly executed by Borrower, together with such other
information as Lender may request.  In no event shall the making (or
the failure to make) of any schedule or assignment or the content of any
schedule or assignment or Borrower's failure to comply with the provisions
hereof be deemed or construed as a waiver, limitation or modification of
Lender's security interest in, lien upon and assignment of the Collateral or
Borrower's representations, warranties or covenants under this Agreement or any
supplement or amendment hereto.

     

    
      
        
        

      

      
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                SECTION 4.

              	
                 REPRESENTATIONS, WARRANTIES AND
      COVENANTS

              

      

    

    

    Borrower hereby represents, warrants
and covenants to Lender the following (which shall survive the execution and
delivery of this Agreement), the truth and accuracy of which, and continuing
compliance with, being a continuing condition of the making of all loans and
advances hereunder by Lender or under any supplement or amendment
hereto:

    

    4.1.         Owner of
Collateral;
Validity of Accounts.

    

    (a)           Borrower
is and shall be the owner of or has other rights in the Collateral free and
clear of all liens, security interests, claims and encumbrances of every kind
and nature, except in Lender's favor or as otherwise consented to in writing by
Lender, and Borrower shall indemnify and defend Lender from and against all
cost, loss and expense with regard to the same.  None of Borrower's
Accounts has been previously sold or assigned to any Person and will not be sold
or assigned, other than to Lender, at any time during the term of this Agreement
without first obtaining Lender's consent in writing.  Borrower shall
not execute any security agreement in favor of any other party or borrow against
the security of any corporate asset, including but not limited to the
Collateral, or authorize and Person other than Lender to file UCC financing
statements naming Borrower as Debtor, without first obtaining Lender's consent
in writing.

    

    (b)           Each
Account represents a valid and legally enforceable indebtedness based upon a
bona fide sale and delivery of goods or rendition of services usually dealt in
by Borrower in the ordinary course of its business which has been finally
accepted by the Account Debtor.  Each Account is and will be for a
liquidated amount maturing as stated in the invoice rendered to the Account
Debtor who is unconditionally liable to make payment at maturity of the amount
stated in each invoice, document or instrument evidencing the Account in
accordance with the terms thereof, without offset, defense, deduction,
counterclaim, discount or condition.  Every assigned Account and any
evidence of indebtedness with respect thereto shall be paid in full at
maturity.  If any Account is not paid in full at maturity, the amount
of such unpaid Account (whether in whole or in part) may be charged against and
deducted from any advance then or thereafter made by Lender to Borrower or, in
the event Borrower then has no borrowing availability, Borrower shall pay
Lender, upon demand, the full amount remaining unpaid thereon.  Such
payment or deduction shall not constitute a reassignment, and Lender may retain
the Account as collateral for all Obligations of Borrower to Lender until the
same have been fully satisfied.

    

    (c)           All
statements made and all unpaid balances appearing in the invoices, documents and
instruments evidencing each Account are true and correct and are in all respects
what they purport to be and all signatures and endorsements that appear thereon
are genuine and all signatories and endorsers have full capacity to
contract.  Each Account Debtor is solvent and financially able to pay
in full each Account when it matures.  None of the transactions
underlying or giving rise to any Account shall violate any state or federal laws
or regulations, and all documents relating to the Accounts shall be legally
sufficient under such laws or regulations and shall be legally enforceable in
accordance with their terms and all recording, filing and other requirements of
giving public notice under any applicable law have been and shall be duly
complied with.

     

    
      
        
        

      

      
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    (d)           Without
first obtaining Lender's consent in writing Borrower will not directly or
indirectly sell, lease, transfer, abandon or otherwise dispose of all or any
portion of the Collateral (except in the ordinary course of business) or
consolidate or merge with or into any other entity or permit any other entity to
consolidate or merge with or into Borrower.

    

    4.2.          Corporate
Authority.

    

    (a)      
     The execution, delivery and performance of this
Agreement, any supplement or amendment hereto, or any agreements, instruments
and documents executed and delivered in connection herewith, are within
Borrower's corporate powers, have been duly authorized, are not in contravention
of law or the terms of Borrower's charter, by-laws or other incorporation
papers, or of any indenture, agreement or undertaking to which Borrower is a
party or by which Borrower is bound.

    

    (b)      
     The Loan Schedule annexed hereto and incorporated
herein by reference sets forth the Borrower's exact legal name, the Borrower's
type of organization, the jurisdiction in which Borrower was organized, the
Borrower's organizational identification number or accurately states that the
Borrower has none, the Borrower's place of business or if more than one, its
chief executive office as well as all other locations including the Borrower's
mailing address if different, the address of every location or place of business
previously maintained by the Borrower during the past five years and the
location at which, or Person with which, any of the Collateral has been
previously held at any time during the past twelve months;

    

    (c)    
       Borrower is in good standing as a
corporation or other legal entity, validly existing under the laws of its state
of incorporation or organization, and will preserve, renew and keep in full
force and effect Borrower's existence and good standing as a corporation or
other legal entity and its rights and franchises with respect thereto and will
not change its state of incorporation or organization;

    

    (d)    
       Borrower shall obtain and preserve,
renew and keep in full force and effect Borrower's authority to do business in
all jurisdictions where the Borrower now or hereafter does
business;

    

    (e)    
       Borrower will continue to engage in a
business of the same type as Borrower is engaged as of the date
hereof;

    

    (f)     
      Borrower will give Lender thirty (30) days
prior written notice of any proposed change in Borrower's legal  name
which notice shall set forth the new name; and

    

    (g)           Borrower
will give Lender thirty (30) days prior written notice of any use of any
corporate name or tradename in addition to those names set forth on the annexed
Loan Schedule.

    

    4.3.          Chief Executive
Office.  Borrower's Records and principal executive office are
maintained at the address referred to herein.  Borrower shall not
change such location without Lender's prior written consent.

    

    4.4.          Books, Records, Financial
Statements.

    

    (a)  
         Borrower shall maintain
its shipping forms, invoices and other related documents in a form satisfactory
to Lender and shall maintain its books, records and accounts in accordance with
generally accepted accounting principles consistently
applied.  Borrower agrees to promptly furnish Lender monthly but in no
event later than ten (10) days after the end of each month, accounts receivable
agings, together with reconciliation and recap sheets, accounts payable agings
and inventory reports (if requested by Lender).

    

    (b)           Borrower
shall furnish to Lender, as soon as available, but in any event not later than
ninety days (90) after the close of each fiscal year, Borrower’s reviewed
financial statements for such fiscal year (including balance sheets, statements
of income and loss, statements of cash flow and statements of shareholders'
equity), and the accompanying notes thereto, setting forth in each case, in
comparative form, figures for the previous fiscal year, all in reasonable
detail, fairly representing the financial position and the results of Borrower’s
operations as at the date thereof and for the fiscal year then ended and
prepared in accordance with generally accepted accounting principles
consistently applied.  Such reviewed statements shall be examined in
accordance with generally accepted auditing practices and certified by
independent certified public accountants selected by Borrower and acceptable to
Lender.

     

    
      
        
        

      

      
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    (c)    
       Borrower shall also furnish to Lender,
as Lender may reasonably request, quarterly or monthly unaudited financial
statements (including balance sheets, statements of income and loss, statements
of cash flows and statements of shareholders' equity) and the accompanying notes
thereto, all in reasonable detail, fairly presenting the financial position and
results of Borrower’s operation as at the date thereof and for such period
prepared in accordance with generally accepted accounting principles
consistently applied and such other information with respect to your business,
operations and condition (financial and otherwise) as Lender may from time to
time reasonably request. Such financial statements shall be certified for
accuracy by Borrower’s chief financial officer.

    

    (d)           Borrower
hereby irrevocably authorizes and directs all accountants, auditors and any
other third parties to deliver to Lender, at Borrower's expense, copies of
Borrower's financial statements, papers related thereto, and other accounting
records of any kind or nature in their possession and to disclose to Lender any
information they may have regarding Borrower's business affairs and financial
condition.

    

    4.5.          Further
Information.  Lender shall have the right to request and
receive from the Borrower's agents, employees, attorneys and accountants all
information pertaining to the Borrower which Lender may reasonably request, and
such persons are hereby authorized and directed by the Borrower to furnish such
information, subject to applicable laws regarding privileged
communications.

    

    4.6.          Solvency; Taxes.

    

    (a)           Borrower
is solvent and will so remain.

    

    (b)          Borrower's
federal, state and local taxes of every kind and nature, including, but not
limited to employment taxes, are current, and there are no pending tax audits or
examinations with respect to Borrower's federal, state or local tax
returns.

    

    (c)           Borrower
shall duly pay and discharge all taxes, assessments, contributions and
governmental charges upon or against it or its properties or assets prior to the
date on which penalties attach thereto.  Borrower shall be liable for
all taxes and penalties imposed upon any transaction under this Agreement or any
supplement or amendment hereto or giving rise to the Accounts or any other
Collateral or which Lender may be required to withhold or pay for any
reason.  Borrower agrees to indemnify and hold Lender harmless with
respect thereto, and to repay to Lender on demand the amount thereof, and until
paid by Borrower such amounts shall be added to and included in Borrower's
Obligations.

    

    4.7.          Litigation.  There
is no investigation by any state, federal or local agency pending or threatened
against Borrower and there is no action, suit, proceeding or claim pending or
threatened against Borrower or Borrower's assets or goodwill or affecting any
transactions contemplated by this Agreement, or any supplement or amendment
hereto, or any agreements, instruments or documents delivered in connection
herewith or therewith before any court, arbitrator, or governmental or
administrative body or agency which if adversely determined with respect to
Borrower would result in any material adverse change in Borrower's business,
properties, assets, goodwill or condition, financial or otherwise.

    

    4.8.          Sales, Accounting and
Assignment.  Borrower
shall keep and maintain, at its sole cost and expense, satisfactory and complete
Records including records of all Accounts, all payments received and credits
granted thereon, and all other dealings therewith.  Upon the sale of
goods or the rendering of services, Borrower shall make appropriate entries in
its books and records disclosing such assignments of Accounts to Lender, and
shall execute and deliver all papers and instruments, and do all things
necessary to effectuate this Agreement and facilitate the collection of the
Accounts.  Lender is hereby vested with all of Borrower's rights,
securities and guarantees with respect to each Account, including the right of
stoppage in transit.  Notwithstanding the failure of Borrower to
execute and deliver such written assignment as aforesaid, each Account created
by Borrower shall be deemed assigned to Lender and shall become its
property.

     

    
      
        
        

      

      
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    4.9.          Collections.  In
the event payments of Accounts or other monies or property in which Lender has
an interest are delivered to or received by Borrower, including proceeds from
the sale of Collateral in the ordinary course of Borrower’s business, unless
otherwise consented to in writing by Lender or specifically permitted under
Section 2.4 herein, Borrower shall hold all such remittances and proceeds of
Accounts and other Collateral, in trust for Lender.  Borrower shall
deliver all such payments to Lender, in kind with an appropriate endorsement to
Lender, on the next business day following the date of receipt by Borrower;
provided, however, nothing
herein authorizes Borrower to collect the Accounts unless specifically consented
to by Lender.

    

    4.10.        Further
Acts.  Borrower shall, at Borrower's expense, duly execute and
deliver, or shall cause to be duly executed and delivered, such further
agreements, instruments and documents, including, without limitation, additional
security agreements, mortgages, deeds of trust, deeds to secure debt, collateral
assignments, UCC financing statements or amendments and continuations thereof,
landlord's or mortgagee's waivers of liens and consents to the exercise by
Lender of all of its rights and remedies hereunder, under any supplement or
amendment hereto, or applicable law with respect to the
Collateral.  In addition, Borrower shall do or cause to be done such
further acts as may be necessary or proper, in Lender's opinion, to evidence,
perfect, maintain and enforce its security interest and the priority thereof in
and to the Collateral and to otherwise effect the provisions and purposes of
this Agreement or any supplement or amendment hereto.  Borrower hereby
authorizes Lender to execute and file UCC financing statements in order to
perfect the security interests granted to Lender under this Agreement or
otherwise, including amendments and modification statements deemed reasonably
necessary by Lender to perfect and protect Lender’s interest in the
Collateral.

    

    4.11.        Insurance.  Borrower
shall, at Borrower's expense, maintain insurance covering the Collateral in such
amounts and with such insurance companies as may be acceptable to Lender in its
sole and absolute discretion.  Borrower shall have Lender named as
mortgagee, loss payee and additional insured on all such insurance
policies.  In the event Borrower shall fail to maintain insurance
acceptable to Lender, Lender without notice, may obtain such insurance in the
name of the  Borrower and charge Borrower's account with the costs and
expenses of such insurance. All expenses incurred by Lender with regard to such
insurance policies shall be deemed part of the Obligations.

    

    4.12.        Margin
Stock.  The Borrower is not engaged principally, or as one of
its important activities, in the business of extending credit for the purpose of
purchasing or carrying margin stock (within the meaning of Regulation G issued
by the Board of Governors of the Federal Reserve System), and no proceeds of any
Loan or advances made by Lender to Borrower will be used to purchase or carry
any margin stock or to extend credit to others for the purpose of purchasing or
carrying any margin stock, or in any manner which might cause such loan or
advance or the application of such proceeds to violate (or require any
regulatory filing under) Regulation G, Regulation U, or Regulation X of the
Board of Governors of the Federal Reserve System, in each case as in effect on
the date or dates of such loan or advance and such use of
proceeds.  Further, no proceeds of any loan or advance will be used to
acquire any security of a class which is registered pursuant to Section 12 of
the Securities Exchange Act of 1934.

    

    4.13.        Loan Proceeds for
Ordinary Business Use Only.  Any
loan at any time received by the Borrower from Lender shall not be used directly
or indirectly other than in the Borrower's business; it shall not, directly or
indirectly, pay any dividend on its stock other than a dividend payable in
shares of its own stock; it shall not, directly or indirectly, make any loan to,
or pay any claim other than for current remuneration or current reimbursable
expense payable to any person controlling, controlled by or under common control
with the Borrower, and it shall, on demand, obtain and deliver to Lender
subordinations in form and substance satisfactory to Lender of all claims of
controlling and controlled persons consistent with the foregoing.

    

    4.14.        Commercial Tort
Claim.  The Borrower shall immediately notify Lender in a
writing signed by the Borrower of any commercial tort claims it holds or
acquires such writing shall set forth the details and grant Lender a security
interest in and to any commercial tort claims it holds or acquires and in the
proceeds thereof, such writing to be satisfactory to Lender in form and
substance.

    

    
      
        	
                SECTION 5.

              	
                  ADDITIONAL POWERS; ENFORCEMENT OF
      RIGHTS IN AND TO
COLLATERAL

              

      

    

    

    5.1.          Power of
Attorney.  Borrower appoints Lender and Lender’s designees as
Borrower's attorney and attorney-in-fact, at Borrower’s sole cost and expense,
and Lender may exercise at any time, in Lender’s reasonable business discretion,
all or any of the following powers which, being coupled with an interest, shall
be irrevocable until all Obligations have been paid in full and Lender’s
obligation to provide loans hereunder shall have terminated:

    

    (a)           endorse
Borrower's name on any checks, notes, acceptances, money orders or other forms
of payment or security that come into Lender’s possession;

     

    
      
        
        

      

      
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    (b)           sign
Borrower's name on any invoice or bill of lading relating to any Account, on
drafts against Account Debtors, on assignments of Accounts, on notices of
assignment, financing statements and other public records, on verifications of
accounts and on notices to Account Debtors;

    

    (c)           send
requests for verification of Accounts to Account Debtors and, after the
occurrence of any Event of Default, to notify Account Debtors to make payment
directly to Lender;

    

    (d)           after
the occurrence of any Event of Default, to notify the post office authorities to
change the address for delivery of Borrower's mail to an address designated by
Lender and to open and dispose of all mail addressed to Borrower;
and

    

    (e)     
      to do all other things Lender deems
necessary or desirable to carry out the terms of this Agreement.

    

    (f)       
    Borrower hereby ratifies and approves all acts of such
attorney.  Neither Lender nor any of its designees shall be liable for
any acts or omissions nor for any error of judgment or mistake of fact or law
while acting as Borrower's attorney and Borrower hereby releases Lender and
Lender's officers, employees and designees, from all liability arising from any
act or acts under this Agreement or in furtherance thereof, whether by omission
or commission, and whether based upon any error of judgment or mistake of law or
fact.

    

    5.2.          Access to Books, Records and
Collateral.  Lender or Lender's representatives shall at all
times have free access to and right of inspection of the Collateral and have
full access to and the right to examine and make copies of Borrower's Records,
to confirm and verify all Accounts, to perform general audits and field
examinations and to do whatever else Lender deems necessary to protect Lender's
interests.  Lender may at any time remove from Borrower's premises or
require Borrower or its accountants or auditors to deliver any Records to
Lender.  Lender may, at Borrower's cost and expense, use any of
Borrower's personnel, supplies, computer equipment (including all computer
programs, software and data) and space at Borrower's places of business or at
any other place as Lender may designate, as may be reasonably necessary for the
handling of collections.

    

    5.4.          Returns;
Credits.  All returns of merchandise, credits issued by
Borrower, claims or disputes of Account Debtors whether or not accepted by
Borrower or given an allowance of any nature shall be reported by Borrower to
Lender at least weekly.  Each such report shall be accompanied by
copies of all documentation provided to Borrower in support of all merchandise
returns, credits, claims and disputes.  Borrower shall immediately
upon obtaining knowledge thereof, report to Lender all reclaimed, repossessed
and returned goods, Account Debtor claims and any other matter affecting the
value, enforceability or collectability of Accounts.  At Lender's
request, any goods reclaimed or repossessed by or returned to Borrower will be
set aside, marked with Lender's name and held by Borrower (at Borrower's place
of business or at such other place as Lender may designate) for Lender's account
and subject to Lender's security interest.  Notwithstanding the
foregoing, Lender may require Borrower to pay to Lender the original invoice
price of such reclaimed, repossessed or returned goods.  In case any
such goods shall be re-sold, the Account thereby created shall be Lender's
property and shall be deemed assigned hereunder.

    

    5.5          Disputes.  All
claims and disputes relating to Accounts shall be adjusted within a reasonable
time at Borrower's own cost and expense.

    

    
      	
              SECTION 6.

            	
              DEFAULTS
      AND REMEDIES.

            

    

    

    6.1.         The
occurrence of any one or more of the following constitute events of default
(“Events of
Default”):

    

    (a)           The
breach by the Borrower of any of the terms, representations, warranties,
covenants, conditions or provisions of this Agreement of any of the Loan
Documents or any supplement or amendment hereto or thereto, which, provided it
shall not constitute any other Event of Default, shall remain uncured for more
than ten (10) days after notice thereof to the Borrower; or

     

    
      
        
        

      

      
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    (b)           The
failure of the Borrower to pay any Obligation to Lender calling for the payment
of money pursuant to this Agreement or any of the Loan Documents, as and when
the same should be paid; the Borrower becoming insolvent or otherwise fails to
meet its or their debts as they mature; the Borrower suspending or discontinuing
its business for any reason; the Borrower commencing or having commenced against
it a petition for a receivership of its business or property or a bankruptcy or
any other legal proceeding or action relating to the relief of debtors or the
readjustment of debts; the Borrower making an assignment for the benefit of
creditors, seeking a composition of creditors or calling a meeting of creditors
or have a creditors' committee appointed; or Borrower suffering a lien against
or judgment or the attachment of any of its property (which has not been bonded
or otherwise secured); having a receiver, custodian or trustee of any kind is
appointed with regard to any property of Borrower; the Borrower disposing of any
property included in the Collateral otherwise than in accordance with this
Agreement; the Borrower committing or suffering, by any of its agents or
employees, a fraudulent conversion of any part of the Collateral; or, insofar as
property of the type included in the Collateral is involved, the Borrower
breaching a representation or covenant contained in this Agreement or any of the
Loan Documents.

    

    (c)        
   Any material adverse change occurs in Borrower's business,
assets, operations, prospects or condition, financial or otherwise, or the
prospect of repayment of any portion of the Obligations or the value or priority
of Lender’s security interest in the Collateral is materially
impaired;

    

    (d)      
     Any default shall occur under any material
agreement between Borrower and any third party including, without limitation,
any default which would result in a right by such third party to accelerate the
maturity of any indebtedness of Borrower to such third party;

    

    (e)     
      Any representation or warranty made or
deemed to be made by Borrower, any affiliate or any other Loan Party in any Loan
Document or any other statement, document or report made or delivered to Lender
in connection therewith shall prove to be false or misleading or the failure to
disclose any material disclosure which if disclosed shall prove to have been
misleading in any material respect;

    

    (f)        
   Any guarantor of the Obligations hereunder dies, terminates or
attempts to terminate its guaranty or any security therefore or becomes subject
to any bankruptcy or other insolvency proceeding; or

    

    (g)     
      Any transfer of a controlling interest of
the issued and outstanding shares of common stock or other evidence of ownership
of Borrower.

    

    NOTWITHSTANDING
ANYTHING TO THE CONTRARY HEREIN, LENDER RESERVES THE RIGHT TO CEASE MAKING ANY
LOANS DURING ANY CURE PERIOD STATED ABOVE, AND THEREAFTER IF AN EVENT OF DEFAULT
HAS OCCURRED.

     

    
      
        
        

      

      
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    6.2.  
        REMEDIES.

    

    (a)     
      Upon the occurrence of an Event of Default,
Lender may, at its option and in its sole discretion and in addition to all of
its other rights under the UCC, this Agreement, and the other Loan Documents,
cease making advances or Loans, charge the Default Rate of Interest on all
Obligations, terminate this Agreement and/or declare all of the Obligations to
be immediately payable in full.  Borrower agrees that Lender
shall also have all of its rights and remedies under applicable law, including
without limitation, the default rights and remedies of a secured party under the
UCC (which includes the right to notify Account Debtors of the Borrower to make
payment directly to Lender), and upon the occurrence of an Event of Default,
Borrower hereby consents to the appointment of a receiver by Lender in any
action initiated by Lender pursuant to this Agreement and to the jurisdiction
and venue set forth in this Agreement, and Borrower waives notice and posting of
a bond in connection therewith.

    

    (b)           Lender
is authorized and empowered at any time upon the occurrence and continuation of
an Event of Default, to compromise or extend the time for payment of any
Account, for such amounts and upon such terms as Lender may, in its sole
discretion determine and to accept the return of the merchandise represented by
any Account, all without notice to or consent by Borrower, and without
discharging or affecting Borrower's Obligations hereunder to any extent, and
Borrower will, upon demand, pay to Lender the amount of any allowance given or
authorized by Lender hereunder.

    

    (c)       
    Lender may, at any time upon the occurrence and
continuation of an Event of Default, take possession of the Collateral and keep
it on Borrower's premises, at no cost to Lender, or remove any part of it to
such other place(s) as Lender may desire, or Borrower shall, upon Lender’s
demand, at Borrower's sole cost, assemble the Collateral and make it available
to Lender at a place reasonably convenient to Lender.  In the event
Lender seeks to take possession of all or any portion of the Collateral by
judicial process (including, but not limited to, Lender obtaining an order of
attachment, a temporary restraining order, a preliminary or permanent injunction
or otherwise) against the Borrower or with regard to the Collateral, Borrower
irrevocably waives the posting of any bond, surety or security with respect
thereto which might otherwise be required, any demand for possession prior to
the commencement of any suit or action to recover the Collateral, and any
requirement that Lender retain possession and not dispose of any Collateral
until after trial or final judgment.

    

    (d)           Lender
shall have the right in such manner and upon such terms as Lender shall
determine in Lender’s reasonable business discretion, to enforce payment of any
Collateral, to settle, compromise or release in whole or in part, any amounts
owing on any Collateral, to prosecute any action, suit or proceeding with
respect to the Collateral, to extend the time of payment of any and all
Collateral, to make allowances and adjustments with respect thereto, to issue
credits in Lender's or Borrower's name, to sell, assign and deliver the
Collateral (or any part thereof) at public or private sale, for cash, upon
credit or otherwise at Lender's sole option and discretion, and Lender may bid
or become purchaser at any such sale, free from any right of redemption which is
hereby expressly waived.  Borrower agrees that Lender has no
obligation to preserve rights to the Collateral or marshaling any Collateral for
the benefit of any Person.  Lender may sell the Collateral without
giving any warranties as to the Collateral and may specifically disclaim any
warranties of title or the like without affecting the commercial reasonableness
of the sale of any of the Collateral.  Lender is hereby granted a
license or other right to use, without charge, Borrower's labels, patents,
copyrights, name, trade secrets, trade names, trademarks and advertising matter,
or any similar property, in completing production, advertising or selling any
Collateral and Borrower's rights under all licenses and all franchise agreements
shall inure to Lender's benefit.  Borrower agrees that the giving of
five (5) days' notice by Lender, sent by ordinary mail, postage prepaid, to
Borrower's address set forth herein, designating the place and time of any
public sale or of the time after which any private sale or other intended
disposition of the Collateral is to be made, shall be deemed to be reasonable
notice thereof and Borrower waives any other notice with respect
thereto.

    

    (e)           The
net cash proceeds, after deducting all costs and expenses of sale (including
attorneys’ fees and other professional fees), resulting from the exercise of any
of Lender's rights or remedies under this Agreement, the UCC or other applicable
law, shall be applied by Lender to the payment of the Obligations in such order
as Lender may elect, in Lender’s sole discretion.  Lender shall return
any excess to Borrower and Borrower shall remain liable to Lender for any
deficiency, to the fullest extent permitted by law.  Without limiting
the generality of the foregoing, if Lender enters into any credit transaction,
directly or indirectly, in connection with the disposition of any Collateral,
Lender shall have the option, at any time, in Lender's sole and absolute
discretion, to reduce the Obligations by the amount of such credit transaction
or any part thereof or to defer the reduction thereof until actual receipt by
Lender of cash in connection therewith.

     

    
      
        
        

      

      
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    (f)           The
enumeration of the foregoing rights and remedies is not intended to be
exclusive, and such rights and remedies are in addition to and not by way of
limitation of any other rights or remedies Lender may have under the UCC or
other applicable law.  Lender shall have the right, in Lender's sole
and absolute discretion, to determine which rights and remedies, and in which
order any of the same, are to be exercised, and to determine which Collateral is
to be proceeded against and in which order, and the exercise of any right or
remedy shall not preclude the exercise of any others, all of which shall be
cumulative.

    

    (g)           No
act, failure or delay by Lender shall constitute a waiver of any of its rights
or remedies.  No single or partial waiver by Lender of any provision
of this Agreement or any supplement or amendment hereto, or breach or default
thereunder, or of any right or remedy which Lender may have shall operate as a
waiver of any other provision, breach, default, right or remedy or of the same
provision, breach, default, right or remedy on a future occasion.

    

    (h)           Borrower
waives presentment, notice of dishonor, protest and notice of protest of all
instruments included in or evidencing any of the Obligations or the Collateral
and any and all notices or demands whatsoever (except as expressly provided
herein).  Lender may, at all times, proceed directly against Borrower
or any guarantor or endorser to enforce payment of the Obligations and shall not
be required to take any action of any kind to preserve, collect or protect
Lender's or Borrower's rights in the Collateral.

     

    
      	
              SECTION 7. 

            	
                MISCELLANEOUS

            

    

    

    7.1.          Term.  This
Agreement shall become effective upon acceptance by Lender and shall continue in
full force and effect for a term ending on the last business day of the month,
one year from the date hereof (the "Renewal Date") and shall
automatically renew from year to year thereafter until terminated pursuant to
the terms hereof.  In addition to Lender's right to declare this
Agreement immediately terminated at any time upon the occurrence of an Event of
Default, Lender may terminate this Agreement on the Renewal Date or on the
anniversary of the Renewal Date in any year by giving Borrower at least thirty
(30) days prior written notice of such termination by registered or certified
mail, return receipt requested.  Borrower may terminate this Agreement
on the Renewal Date or on the anniversary of the Renewal Date in any year by
giving Lender at least ninety (90) days prior written notice of such termination
by registered or certified mail, return receipt requested.  No
termination of this Agreement, however, shall relieve or discharge Borrower of
Borrower's duties, obligations and covenants hereunder until all Obligations
have been paid in full and Lender's continuing security interest in and to the
Collateral shall remain in effect until all such Obligations have been fully
discharged.

    

    7.2.          Early Termination
Fee.  If Lender terminates this Agreement upon the occurrence
of an Event of Default or if Borrower terminates this Agreement as to future
transactions other than on the Renewal Date or any anniversary of the Renewal
Date, in view of the impracticality and extreme difficulty in ascertaining
Lender's actual damages and by mutual agreement of the parties as to a
reasonable calculation of Lender's lost profits as a result thereof, Borrower
hereby agrees that it shall immediately pay to Lender by wire transfer,
certified check or bank cashier's check, Borrower's entire Obligations owing
thereunder, plus liquidated damages of an amount equal to the total of the
Minimum Interest Charges for the number of months remaining until the Renewal
Date or the next anniversary thereof as provided for in this Agreement.
 Prior to its actual receipt of payment as aforesaid, Lender shall be free
to exercise, without limitation, all of its right under this Agreement or under
any other agreement it may then have with Borrower.  Borrower's
default of any provision under this Agreement may be considered and construed at
the sole option of Lender, as a termination of this Agreement by
Borrower.  The liquidated damages provided for in this Section shall
be deemed included in the Obligations and shall be presumed to be the amount of
damages sustained by Lender due to the Borrower's early termination and Borrower
agrees that such damages are reasonable and appropriate under the circumstances
currently existing.

    

    7.3.          One General Obligation;
Cross Collateral.  All Loans and advances by Lender to Borrower
under this Agreement, the other Loan Documents and under all other agreements,
present and future, between Lender and Borrower constitute one loan, and all
indebtedness and obligations of Borrower to Lender under this Agreement, the
other Loan Documents, and under all other agreements, present and future,
between Lender and Borrower, constitute one general obligation secured by the
Collateral and security held and to be held by Lender hereunder and by virtue of
all other agreements between Borrower (and all guarantors) and Lender now and
hereafter existing.  It is distinctly understood and agreed that all
of the rights of Lender contained in this Agreement shall likewise apply insofar
as applicable to any modification of or supplement to this Agreement, the other
Loan Documents and to any other agreements, present and future, between Lender
and Borrower.

     

    
      
        
        

      

      
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    7.4.          Binding on Successor and
Assigns; Severability.  All terms, conditions, promises,
covenants, provisions and warranties shall inure to the benefit of and bind
Lender’s and Borrower's respective representatives, successors and
assigns.  If any provision of this Agreement shall be prohibited or
invalid under applicable law, it shall be ineffective only to such extent,
without invalidating the remainder of this Agreement.

    

    7.5.          Amendments;
Assignments.  This Agreement may not be modified, altered or
amended, except by an agreement in writing signed by Borrower and Lender, which
requirement shall not be modified by oral agreement or by course of
conduct.  Borrower may not sell, assign or transfer any interest in
this Agreement or any other Loan Document, or any portion thereof, including,
without limitation, any of Borrower's rights, title, interests, remedies, powers
and duties hereunder or thereunder.  Borrower hereby consents to
Lender’s participation, sale, assignment, transfer or other disposition, at any
time or times hereafter, of this Agreement and any of the other Loan Documents,
or of any portion hereof or thereof, including, without limitation, Lender’s
rights, title, interests, remedies, powers and duties hereunder or
thereunder.  In connection therewith, Lender may disclose all
documents and information which Lender now or hereafter may have relating to
Borrower or Borrower's business.  To the extent that Lender assigns
its rights and obligations hereunder to a third party, Lender shall thereafter
be released from such assigned obligations to Borrower and such assignment shall
effect a novation between Borrower and such third party.

    

    7.6.          Integration;
Survival.  This Agreement, together with the Loan Schedule
(which is a part hereof) and the other Loan Documents, reflect the entire
understanding of the parties with respect to the transactions contemplated
hereby.  All of the representations and warranties of Borrower
contained in this Agreement shall survive the execution, delivery and acceptance
of this Agreement by the parties.  No termination of this Agreement
(or of any guaranty) of the Obligations shall affect or impair the powers,
obligations, duties, rights, representations, warranties or liabilities of the
parties hereto and all shall survive such termination.

    

    7.7.          Evidence of
Obligations.  Each Obligation may, in Lender’s discretion, be
evidenced by notes or other instruments issued or made by Borrower to
Lender.  If not so evidenced, such Obligation shall be evidenced
solely by entries upon Lender’s books and records.

    

    7.8.          Loan
Requests.  Each oral or written request for an advance by any
Person who purports to be any employee, officer or authorized agent of Borrower
shall be made to Lender on or prior to 11:00 a.m., NY time, on the business day
on which the proceeds thereof are requested to be paid to Borrower and shall be
conclusively presumed to be made by a Person authorized by Borrower to do so and
the crediting of a loan to Borrower's operating account shall conclusively
establish Borrower's obligation to repay such loan. Unless and until Borrower
otherwise directs Lender in writing, all loans shall be wired to Borrower's
operating account set forth on the Loan Schedule.

    

    7.9          Brokerage
Fees.  Borrower represents and warrants to Lender that, with
respect to the financing transaction herein contemplated, no Person is entitled
to any brokerage fee or other commission and Borrower agrees to indemnify and
hold Lender harmless against any and all such claims.

    

    7.10        Application of Insurance
Proceeds.  The net proceeds of any casualty insurance insuring
the Collateral, after deducting all costs and expenses (including attorneys’
fees) of collection, shall be applied, at Lender’s option, either toward
replacing or restoring the Collateral, in a manner and on terms satisfactory to
Lender, or toward payment of the Obligations.  Any proceeds applied to
the payment of Obligations shall be applied in such manner as Lender may
elect.  In no event shall such application relieve Borrower from
payment in full of all installments of principal and interest which thereafter
become due in the order of maturity thereof or with respect to the payment of
fees and costs.

     

    
      
        
        

      

      
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    7.11.        Disbursing
Agent.  The Borrowers hereby appoint ONE UP INNOVATIONS, INC. as
the “Disbursing Agent” to the Borrowers as it is in the best interest and
convenience of the Borrowers that all Loans and advances made by Lender pursuant
to this Agreement be made only to the Disbursing Agent rather than to each of
the Borrowers individually.  Accordingly, the Disbursing Agent shall
be the sole entity entitled to receive the funds advanced by Lender under this
Agreement and the Disbursing Agent shall make disbursements to the Borrowers as
reasonably requested by each Borrower to conduct its respective
business.  Moreover, the Disbursing Agent and each Borrower agrees and
authorizes Disbursing Agent and Lender to receive all collections and other
proceeds into the lockbox or other account assigned to and/or controlled by
Lender in accordance with Section 5.1 of this Agreement.  All of the
proceeds received into the lockbox will be credited by Lender to the Disbursing
Agent’s account and the Disbursing Agent shall have the sole authority to
further credit any such collections to each Borrower,
individually.  Each Borrower hereby irrevocably waives any claim it
may have against Lender and hereby indemnifies and holds Lender harmless from
and against all damages, losses, claims, demands, liabilities, obligations,
actions and causes of action whatsoever which such Borrower may have against
Lender which may arise as a result of advances being made by Lender solely to
the Disbursing Agent and/or collections being credited by Lender solely the
Disbursing Agent’s account with Lender.]

    

    7.12.       
Notices,
Correspondence.  All notices, requests, demands and other
communications under this Agreement shall be in writing and will be personally
served, telecopied or sent by overnight courier service or United States mail
and will be deemed to have been given: (i) if delivered in person, when
delivered; (ii) if delivered by telecopy, on the date of transmission if
transmitted on a business day before 4:00 p.m. New York time or, if not, on the
next succeeding business day; (iii) if delivered by overnight courier, the
following business day after depositing with such courier, properly addressed;
or (iv) if by U.S. Mail, four (4) business days after depositing in the United
States mail, with postage prepaid and properly addressed.  All
notices, requests and demands are to be given or made to the respective parties
at the addresses set forth herein or at such other addresses as either party may
designate in writing by notice in accordance with the provisions of this
paragraph.  All notices to Lender must be addressed to the attention
of:  Portfolio Manager.

    

    7.13.        Governing Law.  This
Agreement and all transactions hereunder are deemed to be consummated in the
State of New York and shall be governed by and interpreted in accordance with
the substantive and procedural laws of the State of New York (without regard to
any choice of law rules).  If any part or provision of this Agreement
shall be determined to be invalid or in contravention of any applicable law or
regulation of the controlling jurisdiction, such part or provision shall be
severed without affecting the validity of any other part or provision of this
Agreement.

    

    7.13.        JURY
WAIVER.  BORROWER AND LENDER EACH HEREBY WAIVE ALL RIGHTS TO A
TRIAL BY JURY IN ANY ACTION OR PROCEEDING OF ANY KIND ARISING OUT OF OR RELATING
TO THIS AGREEMENT, THE OTHER LOAN DOCUMENTS AND ANY SUPPLEMENT OR AMENDMENT
HERETO OR THERETO OR ANY OTHER TRANSACTION BETWEEN THE
PARTIES.  BORROWER HEREBY WAIVES ALL OF ITS RIGHTS OF SETOFF AND
RIGHTS TO INTERPOSE ANY DEFENSES AND/OR COUNTERCLAIMS IN THE EVENT OF ANY
LITIGATION WITH RESPECT TO ANY MATTER CONNECTED WITH THIS AGREEMENT, THE OTHER
LOAN DOCUMENTS AND ANY SUPPLEMENT OR AMENDMENT HERETO OR THERETO OR ANY OTHER
TRANSACTION BETWEEN THE PARTIES.  BORROWER HEREBY IRREVOCABLY CONSENTS
AND SUBMITS TO THE JURISDICTION AND VENUE OF THE SUPREME COURT OF THE STATE OF
NEW YORK (WITHOUT REGARD TO ANY CHOICE OF LAW RULES) OR THE UNITED STATES
DISTRICT COURT FOR THE SOUTHERN DISTRICT OF NEW YORK IN CONNECTION WITH ANY
ACTION OR PROCEEDING OF ANY KIND ARISING OUT OF OR RELATING TO THIS AGREEMENT,
THE OTHER LOAN DOCUMENTS AND ANY SUPPLEMENT OR AMENDMENT HERETO OR THERETO OR
ANY OTHER TRANSACTION BETWEEN THE PARTIES.  BORROWER AGREES THAT ANY
ACTION BROUGHT BY IT AGAINST LENDER WHETHER WITH REGARD TO THIS AGREEMENT OR
OTHERWISE SHALL BE SUBJECT TO THE EXCLUSIVE JURISDICTION AND VENUE OF THE
SUPREME COURT OF THE STATE OF NEW YORK (WITHOUT REGARD TO ANY CHOICE OF LAW
RULES), COUNTY OF NEW YORK OR THE UNITED STATES DISTRICT COURT FOR THE SOUTHERN
DISTRICT OF NEW YORK.

    

    7.14.        Service.  In
any litigation brought by Lender, Borrower waives personal service of any
summons, complaint or other process and agrees that service thereof may be made
by certified or registered mail directed to Borrower at Borrower's address set
forth below and service so made shall be complete two (2) days after the same
shall have been posted.  Within twenty (20) days after such mailing,
Borrower shall appear and answer such summons, complaint or other process,
failing which Borrower shall be deemed in default and judgment may be entered by
Lender against Borrower for the amount of the claim and for any other relief
requested therein.

    

    7.15.        Lien
Termination.  In recognition of Lender’s right to have all of
its attorneys’ fees and other expenses incurred in connection with this
Agreement secured by the Collateral, notwithstanding the payment in full of the
Obligations, Lender shall not be required to execute or record any terminations
or satisfactions of any of its liens on the Collateral unless and until Borrower
(and all Guarantors) have executed and delivered to Lender general releases of
all claims, in form and substance satisfactory to Lender in Lender’s sole
discretion.

     

    
      
        
        

      

      
        Page 14
of 19

        
          

        

      

      
        
        

      

    

     

    7.16          Publication.  Borrower
hereby consents to and authorizes Lender to issue appropriate press releases and
to cause a tombstone to be published announcing the consummation of this
transaction and the aggregate amount thereof.

    

    7.17.         Counterparts; Facsimile
Execution.  This Agreement may be executed in one or more
counterparts, each of which taken together shall constitute one and the same
instrument, admissible into evidence.

    

    
      
        
          
            
              
                
                  	
                          ONE
      UP INNOVATIONS, INC.

                        	 
	
                          Borrower

                        	 
	 
      	 
      	 
	
                          By:

                        	
                          /s/ Louis S. Friedman

                        	 
	
                          Name:

                        	
                          Louis
      S. Friedman

                        	 
	
                          Title:

                        	
                          President

                        	 
	 
      	 
      	 
	
                          FOAM
      LABS, INC.

                        	 
	
                          Borrower

                        	 
	 
      	 
      	 
	
                          By:

                        	
                          /s/ Louis S. Friedman

                        	 
	
                          Name:

                        	
                          Louis
      S. Friedman

                        	 
	
                          Title:

                        	
                          President

                        	 
	 
      	 
      	 
	
                          ACCEPTED:

                        	 
	 
      	 
	
                          ENTREPRENEUR
      GROWTH CAPITAL LLC

                        	 
	
                          Lender

                        	 
	 
      	 
      	 
	
                          By:

                        	
                          /s/ Dean Landis

                        	 
	 
      	
                          Dean
      Landis

                        	 
	 
      	
                          President

                        	 

                

              

            

          

        

      

    

    

    Notary
page follows

     

    
      
        
        

      

      
        Page 15
of 19

        
          

        

      

      
        
        

      

    

     

    LOAN
SCHEDULE

    

    
      	
              Borrower: 

            	
              ONE
      UP INNOVATIONS, INC.

            

    

    FOAM LABS, INC.

    2745 Bankers Industrial
Drive

    Atlanta,
GA  30360

     

    This Loan
Schedule forms an integral part of the Loan and Security Agreement (the “Loan
Agreement”) between the above Borrower and ENTREPRENEUR GROWTH CAPITAL, LLC
dated the above date, and all references herein and therein to “this Agreement”
shall be deemed to refer to said Agreement and this Loan Schedule.

    
       

      
        

      

    

    LINE
OF CREDIT:

    

    $250,000.00

    
       

      
        

      

    

    LOANS:

    

    Revolving
Credit Loans: Lender shall from time
to time, in its reasonable business discretion, make loans, advances and other
financial accommodations to or for the benefit of Borrower of up to 80% of the
Net Amount of Eligible Accounts (or such greater or lesser percentage thereof as
Lender shall, in its reasonable business discretion, determine), less any Loan
Reserves (the “Revolving Credit
Loans”).

    

    Borrower
may request Revolving Credit Loans from time to time but not more frequently
than twice a week unless Lender consents.  Revolving Credit Loans made
to Borrower more frequently than twice per week may be subject to additional
administrative surcharges and/or increased wire transfer fees.

    
      

        
          

        

      

    

    INTEREST
AND FEES:

    

    Revolving Interest
Rate.  Borrower shall pay Lender interest on the daily
outstanding balance of Borrower's Revolving Credit Loans at the per annum rate
equal to the highest prime rate in effect during each month as generally
reported by Citibank, N.A. (the "Prime Rate") plus 6% (the “Revolving Interest Rate”), but
the Revolving Interest Rate shall never be more than 24% per annum or the
maximum permitted by law.  The interest rate chargeable hereunder in
respect of the Revolving Credit Loans shall be increased or decreased, as the
case may be, without notice or demand of any kind, upon the announcement of any
change in the Prime Rate.  Interest charges and all other fees and
charges herein shall be calculated based on a three hundred sixty (360) day year
and actual number of days elapsed and shall be charged to Borrower on all
Obligations, in arrears, on the first day of each calendar month.  All
interest and fees charged or chargeable to Borrower shall be deemed as an
additional advance and shall become part of the Obligations.

    

    Overline and Overadvance
Interest.   In the event any amount to be advanced or
charged to the Borrower under this Agreement and the other Loan Documents
results in an Overline or Overadvance on any day in any month, Borrower will be
charged a one percent (1%) fee on the amount of any said Overline or
Overadvance, whether made with or without Lender’s knowledge or consent (the
“Overadvance
Fee”).  The Overadvance Fee, if applicable, would be charged on
the first day of the month, calculated on the highest amount of any Overadvance
that shall have occurred during the immediately preceding month.  The
fees charged on the amount of any Overline or Overadvance shall not be used in
calculating the Minimum Interest Charge.

     

    
      
        
        

      

      
        Page 16
of 19

        
          

        

      

      
        
        

      

    

     

    Default Rate of
Interest. Upon the occurrence and during the continuation of an Event of
Default, Borrower shall pay Lender interest on the daily outstanding balance of
the Obligations at a rate that is ten percentage points above the Revolving
Interest Rate (the “Default
Rate of Interest”), but the Default Rate of Interest shall never be more
than 24% per annum or the maximum permitted by law.

    

    Minimum Interest
Charge.  With respect to each calendar month or portion thereof
during the term of this Agreement (excluding the calendar month in which this
Agreement is executed for which a pro-rated share shall be charged, if
applicable), Borrower shall also pay Lender, on the first day of the next month,
as a minimum charge, the amount by which accrued interest pursuant to the
Revolving Interest Rate section above for such month or portion thereof is less
than $1,500.00 (the "Minimum
Interest Charge").  Notwithstanding the occurrence of any Event
of Default hereunder or termination of this Agreement by Lender as a result
thereof, the Minimum Interest Charge shall be paid by Borrower for the unexpired
portion of the initial term or any renewal term of this Agreement.

    

    Collateral Monitoring
Fee.  Borrower shall pay Lender a monthly collateral monitoring
fee (the “Collateral Monitoring
Fee”) in an amount equal to one quarter of one percent (0.25%) of the
Line of Credit.  The Collateral Monitoring Fee shall be charged to
Borrower's loan account, in arrears, on the first day of each
month.

    

    Facility
Fee.  Borrower shall pay Lender an annual fee (the “Facility Fee”) in an amount
equal to two (2%) percent of the Line of Credit.  The Facility Fee
shall be deemed fully earned on the date such payment is due and is payable upon
the execution and delivery of this Agreement and upon each annual anniversary
date of this Agreement until such time as this Agreement has been terminated in
accordance with its terms.  In the event the Line of Credit is
increased after Borrower paid the annual Facility Fee but prior to any annual
anniversary date of this Agreement, the Facility Fee shall also be paid on such
increase in the Line of Credit.  If applicable, the initial Facility
Fee payment shall include the pro-rata amount for the final, partial month of
the first contract year, calculated by multiplying the Facility Fee percent by
the Line of Credit, dividing by 360 and multiplied by the number of days from
the date that is one year from the date of this Agreement to the last day of the
month that is one year from the date of this Agreement..

    

    Examination
Fee.  Borrower agrees to pay to Lender an examination fee in
the amount of $1,000.00
per person per day in connection with each audit or field examination of
Borrower performed by Lender prior to or after the date hereof (including the
initial examination), plus all costs and expenses incurred in connection
therewith (the “Examination
Fee”), all of which shall be deemed part of the
Obligations.  Without limiting Lender’s rights hereunder and under the
Loan Agreement, Lender agrees, provided no Event of Default shall have occurred,
to limit ordinary course field examinations to no more than two (2) per contract
year.

    

    Documentation
Fee.  Borrower shall pay Lender, on the Closing Date, a
documentation fee (“the “Documentation Fee”) as shall
be reasonably determined by Lender based upon the time expended in conducting
due diligence, reviewing documents and negotiating and preparing this Agreement
and the ancillary documents, in addition to all out of pocket expenses related
to the initial audit and field examination and public records searches and
filings.  The documentation fee and all other Costs and Expenses
related to the closing of this Agreement shall deducted from any deposits
remitted by Borrower to Lender, then, to the extent required, be charged to
Borrower’s loan account as provided in Section 2.8. Without Limiting Lender’s rights
hereunder and under the
Loan Agreement, Lender
agrees that the Costs and Expenses related
to the initial closing only, shall not exceed
$5,000.00.

     

    
      
        
        

      

      
        Page 17
of 19

        
          

        

      

      
        
        

      

    

     

    Wire Transfer and
Miscellaneous Fees.  Borrower shall pay Lender service fees for
(a) electronic transfers of money in the amount of $50.00 per federal wire
transfer and $10.00 per automated clearinghouse (“ACH”) transfer; (b) $10.00 for
each advance in the form of a check deposited into Borrower's bank account by
Lender; (c) $5.00 for each internal transfer made by Lender; (d) for
disbursements made to third parties, an amount equal to the greater of 15% of
the amount of each check issued to third parties or $50.00, (e) service fees of
$50.00 each shall be made for processing bank returned items, each issuance of a
check or wire transfer in excess of two per week, each request for a money
transfer prior to 11am, and advances of less than $5,000.00, and (f) Borrower
shall pay Lender for all postage and telephone charges, as well as cents for all
copies made by Lender for or on behalf of Borrower.

    
      

      CLOSING
CONDITIONS: 

        
          

        

      

    

    

    (1)         Fees.  Borrower
shall have paid all fees payable by it on the Closing Date pursuant to this
Agreement, including but not limited to, Lender’s legal and documentation
fees.

    

    (2)         No Material Adverse
Changes.  Prior to the Closing Date, there shall have occurred
no material adverse change in the financial condition of Borrower, or in the
condition of the assets of Borrower, from that shown on the most recent
financial statements for Borrower delivered to Lender.  At the
closing, Borrower shall deliver to Lender an officer’s certification confirming
that Borrower is unaware of the existence of any such material adverse change in
Borrower’s financial condition.

    

    (3)         Material
Agreements.  Lender shall have received, reviewed and approved
all material agreements to which Borrower shall be a party.

    

    (4)         Other
Matters.  All other documents and legal matters in connection
with the transactions contemplated by this Agreement shall have been delivered,
executed and recorded and shall be in form and substance satisfactory to Lender
and its counsel.

    
       

      
        

      

    

    BORROWER
INFORMATION:

    

    
      Borrower’s
State of [Incorporation]
or [Formation]:    
Georgia

    

    

    Borrower's
copyrights, patents trademarks, and licenses:  [Borrower to Supply on
Separate Exhibit].

    

    
      Fictitious
Names/Prior Corporate Names:

    

    

    
      Prior
Corporate Names:   None

    

    

    
      Fictitious
Names:            
None

    

    

    
      Borrower
Locations:

    

    

    
      	
               
      

            	
              ______________________________________________

            

    

    
      	
               
      

            	
              ______________________________________________

            

    

    

    
      	
               
      

            	
              Borrower’s
      Federal Tax Identification
      Number:  _____________________

            

    

     

    
      
        
        

      

      
        Page 18
of 19

        
          

        

      

      
        
        

      

    

     

    
      

    

    DISBURSEMENT:

    

    Unless
and until Borrower otherwise directs Lender in writing, all loans shall be wired
to Borrower's following operating account:

    

    
      
        
          
            
              
                	  	
                        Name and address of bank: 

                      	
                        Fidelity
      Bank

                      
	 	 	_____________________________ 
	 	 	_____________________________
	 	
                        Routing/ABA
      No.:

                      	061102400
	 	
                        Account
      No:

                      	016000XXXX
	 	
                        Account
      Name:

                      	One
      Up Innovations,
Inc.

              

            

          

        

      

    

    
       

      
        

      

       

    

    
      
        
          
            	
                    ONE
      UP INNOVATIONS, INC.

                  	 
      	
                    ENTREPRENEUR
      GROWTH

                  
	 
      	 
      	 
      	
                    CAPITAL,
      LLC

                  
	 
      	 
      	 
      	 
      	 
      
	
                    By:

                  	
                    /s/ Louis S. Friedman

                  	 
      	
                    By:

                  	
                    /s/ Dean Landis

                  
	
                    Name:

                  	
                    Louis
      S. Friedman

                  	 
      	
                    Name:

                  	
                    Dean
      Landis

                  
	
                    Title:

                  	
                    President

                  	 
      	
                    Title:

                  	
                    President

                  
	 
      	 
      	 
      	 
      	 
      
	
                    FOAM
      LABS, INC.

                  	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	
                    By:

                  	
                    /s/ Louis S. Friedman

                  	 
      	 
      	 
      
	
                    Name:

                  	
                    Louis
      S. Friedman

                  	 
      	 
      	 
      
	
                    Title:

                  	
                    President

                  	 
      	 
      	 
      

          

        

      

    

     

    
      
        
        

      

      
        Page 19
of 19

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