Document:

EXHIBIT 10.16

                               STATE OF COLORADO

                   UNIFORM COMMERCIAL CODE SECURITY AGREEMENT

Debtor:

Name:     See Exbibit 1 attached hereto and incorporated herein

Address:
         Residence:
                   -------------------------------------------------------------
                            No.              Street         City        State

          Business:
                   -------------------------------------------------------------
                            No.              Street         City        State

Secured Party:

Name:    Michael Humecki

Address:      24 North Seventh Street, Colorado Springs, CO 80905
              ------------------------------------------------------------------
                            No.              Street       City          State

Debtor, for consideration, hereby grants to Secured Party a security interest in
the following property and any and all additions, accessions and substitutions
thereto or therefor (hereinafter called the "COLLATERAL"):

             See Exhibit 2 attached hereto and made a part hereof.

           (including late charges, interest, fees and costs, if any)

To secure payment of the indebtedness evidenced by that certain promissory note
of even date herewith, payable to the Secured Party, or order, as follows:

             See Exhibit 3 attached hereto and made a part hereof.

DEBTOR EXPRESSLY WARRANTS AND COVENANTS:

     1. That except for the security interest granted hereby Debtor is. or to
the extent that this agreement stares that the Collateral is to be acquired
after the date hereof, will be, the owner of the Collateral free from any
adverse lien, security interest or encumbrances: and that Debtor will defend the
Collateral against all claims and demands of all persons at anytime claiming the
same or any interest therein.

     2. The Collateral is used or bought primarily for:

     [ ] Personal, family or household purposes:

     [ ] Use in farming operations;

     [X] Use in business.

     3. That Debtors business as stated on Exhibit 1 and the Collateral will be
kept at such business stated on Exhibit 1 and no other place, except to the
extent otherwise required through ordinary business operations, such as leasing
of the Equipment.

--------------------------------------------------------------------------------
            No. and Street             City           County            State

<PAGE>

     5. Promptly to notify Secured Party of any change in the location of the
Collateral.

     6. To pay all taxes and assessments of every nature which may be levied or
assessed against the Collateral.

     7. Not to permit or allow any adverse lien, security interest or
encumbrance whatsoever upon the Collateral arising subsequent to the effective
date hereof and not to permit the same to be attached or replevined.

     8. That the Collateral is in good condition. and that it wil1, at its own
expense, keep the same in good condition and date from time to time, forthwith,
replace and repair all such parts of the Collateral as may be broken, worn out,
or damaged without allowing any lien to be created upon the Collateral on
account of such replacement or repairs. and that the Secured Party may examine
and inspect the Collateral at any time, wherever located.

     9. That it wi11 not use the Collateral in violation of any applicable
statutes, regulations or ordinances.

     10. The Debtor will keep the Collateral at all times insured against risks
of loss or damage by fire (including so-called extended coverage), theft and
such other casualties as the Secured Party may reasonably require, including
collision in the case of any motor vehicle, all in such amounts, under such
forms of policies, upon such terms, for such periods, and written by such
companies or underwriters as the Secured Party may approve, losses in all cases
to be payable to the Secured Party and the Debtor as their interest may appear.
All policies of insurance shall provide for at least ten days prior written
notice of cancellation to the Secured Party; and the Debtor shall furnish the
Secured Party with certificates of such insurance or other evidence satisfactory
to the Secured Party as to compliance with the provisions of this paragraph. The
Secured Party may act as attorney for the Debtor in making, adjusting and
settling claims under or cancelling such insurance and endorsing the Debtors
name on any drafts drawn by insurers of the Collateral.

     UNTIL DEFAULT Debtor may have possession of the Collateral and use it in
any lawful manner, and upon default Secured Party shall have the immediate right
to the possession of the Collateral.

     DEBTOR SHALL BE IN DEFAULT under this agreement upon the happening of any
of the following events or conditions:

     (a) default in the payment or performance of any obligation, covenant or
liability contained or referred to herein or in any note evidencing the same:

     (b) the making or furnishing of any warranty, representation or statement
to Secured Party by or on behalf of Debtor which proves to have been false in
any material respect when made or furnished;

     (c) loss, theft, damage. destruction, sale or encumbrance to or of any of
the Collateral, or the making of any levy seizure or attachment thereof or
thereon:

     (d) death, dissolution, termination or existence, insolvency, business
failure, appointment of a receiver of any part of the property of, assignment
for the benefit of creditors by, or the commencement of any proceeding under any
bankruptcy or insolvency laws of, by or against Debtor or any guarantor or
surety for Debtor.

     UPON SUCH DEFAULT and at any time thereafter, or if be deems himself
insecure, Secured Party may declare all Obligations secured hereby immediately
due and payable and shall have the remedies of a secured party under Article 9
of the Colorado Uniform Commercial Code. Secured Party may require Debtor to
assemble the Collateral and deliver or make it available to Secured Party at a
place to be designated by Secured Party which is reasonably convenient to both
parties. Expenses of retaking, holding, preparing for sale, selling or the like
shall include Secured Party's reasonable attorneys fees and legal expenses.

     No waiver by Secured Party of any default shall operate as a waiver of any
other default or of the same default on a future occasion. The taking of this
security agreement shall not waive or impair any other security said Secured
Party may have or hereafter acquire for the payment of the above indebtedness,
nor shall the taking of any such additional security waive or impair this
security agreement; but said Secured Party may resort to any security he may
have in the order he may deem proper, and notwithstanding any collateral
security. Secured Party shall retain his rights of set-off against Debtor.

     All rights of Secured Party hereunder shall inure to the benefit of his
successors and assigns; and all promises and duties of Debtor shall bind its
heirs, executors or administrators or its successors or assigns. If there be
more than one Debtor, their liabilities hereunder shall be joint and several.

     Date this 10th day of May, 2001, but effective as of May 1,2001.

Debtor:  Ten Stix, Inc.                     Secured Party:*

By:  /s/  Thomas E. Sawyer
     ---------------------------------      ------------------------------------
     Name:   Thomas E. Sawyer
     Title:  President

     ---------------------------------      ------------------------------------

<PAGE>

                        Exhibit 1 to Security Agreement
              dated May 10, 2001, but effective as of May 1, 2001,
            by and between Debtor and Michael Humecki, Secured Party

The Debtor under this Security Agreement is:

     Ten Stix, Inc., a Colorado corporation

     Debtors business address is P.O. Box 699, Idaho Springs, CO 80452.

<PAGE>

                        Exhibit 2 to Security Agreement
              dated May 10, 2001, but effective as of May 1, 2001,
            by and between Debtor and Michael Humecki, Secured Party

COLLATERAL shall mean and include:

     1. All items of personal property located at, within or upon the property
identified herein as Debtors business address which property was acquired by
Debtor from Summit International Group, Inc. pursuant to an Asset Purchase
Agreement, attached hereto as Schedule 1 (the Property).

     2. All Deposit Accounts relating to the Property, as defined below.

     3. All Receivables relating to the Property, as defined below.

     4. All Inventory relating to the Property, as defined below.

     5. All Equipment relating to the Property, as defined below.

     6. All documents and instruments (whether negotiable or nonnegotiable),
chattel paper, checks (of any nature), drafts, notes, acceptances, certificates
of deposit, trust receipts, and any other writings evidencing a right to the
payment of money, and all cash and currency, now or hereafter owned by Debtor,
whether or not in the possession of Debtor (collectively, Instruments) relating
to the Property.

     7. All certificates of title, documents of title, certificates and policies
of insurance, fidelity bonds, now or hereafter owned by Debtor, whether or not
in the possession of the Debtor relating to the Property.

     8. All trademarks, trade names, service marks, registration marks, logos,
patents, and the like now or hereafter owned by Debtor relating to the Property.

     9. With respect to the Property (i) all of the Debtors rights as a
consignee or an unpaid vendor; (ii) all additional amounts due to the Debtor
from any person, irrespective of whether such additional amounts have been
specifically assigned to the Secured Party; and (iii) all of the Debtors right,
title and interest in other property, including warranty claims, relating to any
goods whatsoever securing the Security Agreement.

     10. All of the Debtors ledger sheets, tiles, records, books of account,
business papers, documents and records (including, without limitation, computer
programs, source codes, object codes, tapes and related electronic data
processing software and system documentation and manuals) relating to the
Property.

<PAGE>

     11. All of the Debtors tangible and intangible assets and properties, now
existing or hereafter acquired, including, but not limited to, any and all
general intangibles and contract rights, whether or not specifically enumerated
above relating to the Property.

     12. All accessions to, after-acquired interests in, substitutes for and
proceeds and products of (1) through (11) preceding, in whatever form, and all
insurance proceeds paid or payable in connection with the loss or damage of any
assets of Debtor described in (1) through (12), above.

     DEFINITIONS:

     Deposit Accounts shall mean all demand, time, savings, passbook and other
like accounts (including any account evidenced by a certificate of deposit),
whether interest-bearing or not, and if interest-bearing then all interest
accrued and paid or payable thereon, now or hereafter established and maintained
from time to time by Debtor, and all moneys from time to time in any and all
such deposit accounts, including all earnings or profits therefrom in the form
of interest or otherwise.

     Equipment shall mean and include all of the following, whether now owned or
hereafter acquired: Debtors equipment, which includes all goods for use in the
Debtors business (including, without limitation, all vehicles, motor vehicles,
mobile goods, machinery, furniture and trade fixtures) with all parts, equipment
and attachments relating thereto. The Equipment may be located at the business
locations for Collateral set forth above but shall be considered Equipment
hereunder wherever located.

     Inventory shall mean and include all of the Debtors inventory, whether now
owned or hereafter acquired. The Inventory is located at the business locations
for Collateral set forth above but shall be considered Inventory wherever
located.

     Receivables shall mean and include the following, whether now existing or
hereafter arising: all of the Debtors accounts and rights to payment for goods
sold or leased or for services rendered, all sums of money due or becoming due
with respect thereto, documents, Instruments, contracts or agreements pertaining
thereto, all guaranties and security therefor, and including all goods giving
rise thereto and the rights pertaining to such goods (e.g., the right of
stoppage in transit), and related insurance and proceeds payable with respect to
claims thereunder.

                                       -2-

<PAGE>

                        Exhibit 3 to Security Agreement
              dated May 10, 2001, but effective as of May 1, 2001,
            by and between Debtor and Michael Humecki, Secured PartyEXHIBIT 10.1
                                                                    ------------

                              EMPLOYMENT AGREEMENT
                              --------------------

         THIS AGREEMENT is made and entered into this 30th day of November 2001,
between NIKOLAS KONSTANT (hereinafter referred to as "Employee") and HOLLYWOOD
PARTNERS.COM, INC., a Delaware corporation, by and through its Board of
Directors (hereinafter referred to as "Employer").

         IN CONSIDERATION of the mutual promises set forth below, Employee and
Employer hereby agree as follows:

         1. EMPLOYMENT. Employer hereby agrees to employ Employee and Employee
hereby agrees to provide services to Employer in the position of Chief Executive
Officer upon the terms and conditions hereinafter set forth.

         2. DUTIES. Employee shall perform the duties and responsibilities set
forth in Exhibit "A" during the term of this Agreement. Employer shall appoint
Employee to a seat on the Board of Directors.

         3. TERM OF AGREEMENT. The parties agree that the initial term of this
Agreement shall be two (2) years commencing December 1, 2001.

         Should Employer terminate this Agreement and Employee's employment for
any reason other than for cause (as set forth below) and/or breach any provision
of this Agreement, and further excluding the case in which Employee shall resign
in the absence of Employer's breach, then all rights of forfeiture of the shares
of Employer common stock issued as a result of this Agreement shall expire
immediately.

         Notwithstanding any contrary provision set forth hereinabove, Employer
shall have the right, at its option, to terminate this Agreement for cause upon:

                  a.)      Employee's material breach of this Agreement;

                  b.)      Employee's willful misconduct or gross negligence in
the discharge of his duties hereunder; or

                  c.)      Employee's commission of any act of moral turpitude
which detrimentally affects the Company or is reasonably likely to detrimentally
affect the Company;

provided, however, that prior to terminating Employee pursuant to clause (a),
Employer shall give Employee at least fifteen (15) business days' written notice
of an intent to terminate due to such failure to act or breach, which notice
shall specify such failure or breach, and, if Employee cures such failure or
breach within such fifteen (15) day period, this Agreement shall remain in full
force and effect.

         Employer may also terminate the employment of Employee hereunder upon
the death of Employee or upon Employee's inability by reason of sickness or
disability, as described in Paragraph 11 below, to perform his obligations for a
period of more than one hundred eighty (180) days consecutively without payment
of the lump sum described above.

         Employee may terminate his employment hereunder upon at least fifteen
(15) days' prior written notice to Employer of a material breach of this
Agreement by Employer, which notice shall specify such breach, provided that if
Employer cures such breach within such fifteen (15) day period, this Agreement
shall remain in full force and effect.

         In the event of termination by Employee as aforesaid, the removal of
all stock legends related to risk of forfeiture shall be accomplished within
thirty (30) days of said termination.

                                       1
<PAGE>

         4. EMPLOYEE WORKING CONDITIONS. Employer agrees that, during the term
of this Agreement, Employer: (1) shall maintain a board of directors of three
persons which shall include the Employee and one other person nominated by the
Employee; (2) shall treat Employee with respect and professional courtesy
commensurate with Employee's position; (3) shall provide, establish and maintain
reasonable working conditions for Employee and abide by all state, federal and
local employment regulations and laws; (4) shall not, without the express
written consent of Employee, alter or significantly reduce the duties and
responsibilities assigned to Employee as set forth in Exhibit "A" to this
Agreement; (5) shall not, without Employee's express written consent, reduce the
facilities and perquisites made available to Employee at the time this Agreement
is executed and as enhanced during the term of this Agreement; (6) shall not
materially reduce the type or level of Employee benefits to which Employee is
entitled at the time this Agreement is executed and as enhanced during the term
of this Agreement; and (7) shall allow Employee to perform his duties from
locations other than the Employer's place of business. If the parties mutually
agree to relocate the corporate offices, Employee shall within a reasonable time
thereafter arrange to be present at the corporate offices from time to time on a
regular basis demonstrating a presence commensurate with his position.

         5. SALARY. As consideration for Employee's services as set forth in
Exhibit "A" to this Agreement, Employee agrees to accept and Employer agrees to
pay Employee a lump sum salary of three hundred thousand and 00/100 dollars
($300,000.00) payable in the form of 20,000,000 shares of Employer's restricted
common stock. The stock certificates in the denominations designated by Employee
shall be issued immediately upon request by Employer after a registration
statement registering the 20,000,000 common shares on whatever form is available
to Employer shall become effective.

                  a). The parties hereto acknowledge that this advance is in
full settlement of all salary obligations to the Employee by the Employer and
therefore should the Employee fail to successfully complete the duties assigned
to him as set forth on Exhibit A to this Agreement on or before the end of the
initial term of employment, the Employee shall return the certificate or
certificates representing the 20,000,000 shares of restricted common stock back
to the Company for cancellation. The certificate or certificates representing
the 20,000,000 shares of restricted common stock shall bear an additional
restrictive legend referring to this Agreement and the substantial right of
forfeiture.

                  b). Due to the substantial right of forfeiture, Employer
agrees not to withhold taxes upon issuance of the 20,000,000 shares of
restricted common stock nor require the payment of estimated taxes until such
time as the substantial risk of forfeiture lapsed or the Employee makes a
Section 83(b) election pursuant to the Internal Revenue Code, whichever first
occurs.

         6. EXPENSES. The Employee shall be reimbursed by Employer for all
reasonable expenses incurred in the course of performing services for the
Employer including but not limited to expenses related to mobile communications,
travel, entertainment and the like. Employees shall receive reimbursement within
10 days of providing the Employer on the form provided to the Employee by the
Employer a report of his expenses including receipts where available.

         7. BENEFITS. Employee shall be provided health and welfare benefits
including but not limited to medical, dental, disability and life insurance and
vacation and sick leave on the same terms and conditions as similarly situated
employees. Employee, at his election, may be reimbursed for medical plan
selected by him rather than receiving coverage under the medical plans
maintained by the employer. Long term disability insurance shall be fully paid
during all periods of eligibility requiring premium. In addition, Employee shall
be entitled to qualify for and participate in other Employer benefit plans, 401K
plan, bonus programs and stock option programs, if any, in accordance with the
terms of such plans and programs.

         8. OTHER INTERESTS. Employer acknowledges that Employee owns and
operates Dydx Group of Funds, an Illinois corporation. Nothing in this Agreement
shall prohibit Employee continuing to perform services for or spend time
overseeing the operation of Dydx Group of Funds as Employee deems necessary. In
addition, during the term of this Agreement, Employee shall be allowed to pursue
other business interests or professional pursuits, provided that Employee's
pursuit of other business interests shall not materially diminish Employee's
performance of his duties as set forth herein.

                                       2
<PAGE>

         9. HEALTH AND WELFARE. As further consideration for Employee's
services, Employer agrees to provide after termination of this Agreement health
and welfare insurance benefits to Employee under the same terms and conditions
as provided to Employee during the term of this Agreement during the period and
to the extent required by COBRA. Employee's benefits shall also include a life
insurance policy in a death benefit amount of not less than Five Hundred
Thousand and 00/100 Dollars ($500,000.00) naming ________________ as
beneficiary, also remaining in effect for the period of time COBRA health
insurance benefits continue.

         10. TRADE SECRETS. Employee will, in the course of his duties on behalf
of Employer, be advised of certain business matters and affairs of Employer
regarding its clients and the management of its business. The duties performed
by Employee for Employer place him in a position of trust and confidence with
respect to certain trade secrets relating to the business of Employer and not
generally known to the public. Employee will not, either during the term of his
employment or any time in the future, directly or indirectly:

                  a.) disclose or furnish, directly or indirectly, to any other
person, firm, agency, corporation, client, business, or enterprise, any trade
secrets acquired by him during the term of this Agreement except in confidence
in the ordinary course of the Company's business where appropriate to serve the
interests of the Company.

                  b.) individually or in conjunction with any other person,
firm, agency, company, client, business, or corporation, employ or cause to be
employed any trade secret in any manner whatsoever, except in furtherance of the
business of Employer.

         Notwithstanding any contrary provision set forth hereinabove, and
without limiting the scope of the covenants made by Employee in this Paragraph
10, Employee agrees that Employee shall, from time to time, subscribe to and
execute agreements with the Company in the form and content subscribed to and
executed by other employees of the Company to protect the Company's trade
secrets and proprietary information.

         11. CORPORATE AUTHORITY. Employer acknowledges and agrees that Employer
has the full authorization of its Board of Directors to enter into and perform
all aspects of this Agreement from and after the date it is executed.

         12. BREACH. Each party to this Agreement shall indemnify and hold the
other harmless for any and all losses, costs, damages, expenses, (including
attorneys' fees) incurred by the indemnified party arising out of such party's
breach of this Agreement or any part thereof, regardless of the judgment or
decisions arising therefrom. All such losses, costs, damages, expenses and fees
shall be paid within thirty (30) days following tender of a written request.
Employer shall not be subject to liability for any breach caused solely by the
actions or inactions of the Employee relating to duties of the Employer pursuant
to the terms of this Agreement.

         13. POLICIES. No change in Employer policy, rules or regulations shall
alter, modify or revoke any provision of this Employment Agreement.

         14. INDEMNITY AND HOLD HARMLESS. To the fullest extent provided by the
law, Employer agrees Employer shall indemnify and hold Employee harmless from
any and all liabilities and/or losses, costs, damages or expenses, (including
attorney's fees) incurred by Employee in the course and scope of Employee's
duties for Employer or related in any way to Employee's association with
Employer, including but not limited to, liabilities arising from shareholder
derivative or direct law suits. Employer shall insure Employer's ability to so
indemnify Employee and shall present evidence of such insurance coverage
reasonably satisfactory to Employee within thirty (30) days of the execution of
this Agreement.

         15. EMPLOYER'S COVENANT REGARDING RESTRUCTURE. Employer has represented
to Employee that Employer's Board of Directors intends to seriously consider a
restructure of the Employer, and that the same is in the best interests of the
Company. Such restructure shall be performed in such manner as necessary to
maintain the highest possible share price for outstanding shares and assist
Employee with his mission as set forth on Exhibit A.

                                       3
<PAGE>

         16. SUCCESSORS. This Agreement shall be binding upon the parties hereto
and upon their heirs, administrators, representatives, executors, successors and
assigns and shall inure to the benefit of said parties and each of them and
their heirs, administrators, representatives, executors, successors and assigns.
Employer specifically agrees it will require any successor to all or
substantially all of the business, stock and/or assets of the Employer to
expressly assume and agree to perform obligations under this Agreement in the
same manner and to the same extent that the Employer would be required to
perform.

         17. SEVERABILITY. Employer and Employee agree that should any provision
of this Agreement be declared or be determined by any court of competent
jurisdiction to be illegal, invalid or unenforceable, the legality, validity and
enforceability of the remaining parts, terms and provisions shall not be
affected thereby, and said illegal, unenforceable or invalid part, term or
provision will be deemed not to be part of this Agreement.

         18. CONFIDENTIALITY. Employee and Employer agree that they shall keep
the terms of this Agreement entirely confidential, except as and to the extent
required to be disclosed by applicable law, code or regulation.

         19. JURISDICTION AND VENUE. This Agreement shall be governed by and
interpreted in accordance with the laws of the State of California. The parties
agree that any claim or action arising out of this Agreement shall be arbitrated
in accordance with the arbitration provisions and guidelines set forth on
Exhibit "B" attached hereto and incorporated herein by this reference. The
parties anticipate that all disputes hereunder shall be arbitrated; provided,
however, that any matter not subject to arbitration as a matter of law shall be
brought in a court of competent jurisdiction in the county and judicial district
in which the principal offices of the Company are located at the time the action
is commenced.

         20. ENTIRE UNDERSTANDING. This Agreement contains all the
understandings and agreements between the parties concerning Employee's
employment. This Agreement replaces any and all prior agreements between
Employee and Employer related to Employee's employment and any and all such
prior Agreements are hereby canceled.

         21. ATTORNEY'S FEES REIMBURSEMENT. Employer agrees to reimburse
Employee for Employee's reasonable attorney fees incurred by Employee in
connection with the negotiation and execution of this Agreement.

                                       4
<PAGE>

         IN WITNESS WHEREOF the parties have executed this Agreement the day and
year first written above at Los Angeles, California.

EMPLOYEE:

/s/ Nikolas Konstant
-------------------------------------
Nikolas Konstant

Notices in Care of:             Nikolas Konstant
                                221 North LaSalle Street
                                Suite 3900
                                Chicago, IL 60601

And to:                         Roger V. Davidson, Esq.
                                Ballard Spahr Andrews & Ingersoll, LLP
                                1225 17th Street, Suite 2300
                                Denver, CO 80202-5596

HOLLYWOOD PARTNERS.COM, INC.

/s/ Valerie A. Broadbent
-------------------------------------
Valerie A. Broadbent, President

Notices in Care of:             Hollywood Partners.com, Inc.
                                Valerie A. Broadbent, Corporate Secretary / CAO
                                1800 Avenue of the Stars, Suite 1114
                                Los Angeles, CA  90067

                                       5
<PAGE>

                                   Exhibit "A"

                     Job Description Chief Executive Officer

         1.       Reports to Board of Directors.
         2.       All other executives report to him.
         3.       Has all authority traditionally granted to President and CEO
                  including but not limited to sole authority to create, hire,
                  fire, promote, demote, set salaries and other compensation and
                  benefit levels for all executive positions, excluding other
                  executive level positions hired and terminated by the Board of
                  Directors, whether or not the individuals therein are also
                  corporate officers.
         4.       A substantial condition of the Employee's employment shall be
                  to work toward the reorganization of the Company's corporate
                  debt in an effort to clean up the balance sheet to allow for
                  the acquisition of new business operations either by way of
                  purchase or merger including all required due diligence,
                  completion of any required agreements and obtaining
                  shareholder approval if required. Failure to conclude such a
                  transaction during the initial term of the employment will
                  result in the forfeiture of the 20,000,000 shares of
                  restricted common stock issued as full consideration of your
                  duties for the initial term of the employment. Completion of
                  such a transaction during the initial term shall automatically
                  remove any right or claim of forfeiture.
         5.       Has authority to select and/or retain outside service
                  providers such as accountants, attorneys etc.;
         6.       Has authority to delegate any and all tasks to competent
                  individuals.

                                       6
<PAGE>

                                   Exhibit "B"

                      Arbitration Provisions and Guidelines

                              ARBITRATION AGREEMENT

         A. Any dispute(s) or difference(s) which arise during the course of
this Agreement and which either involve its interpretation or meaning, or relate
to performance required hereunder shall be submitted to and resolved by binding
arbitration; provided, however, that the parties are not waiving and are
expressly reserving their right to seek injunctive relief by judicial process.
Nevertheless, the parties may, by subsequent consent, agree to submit requests
for injunctive relief to an arbitrator or arbitration panel.

         B. If either party shall, in the opinion of the other party, be in
breach of or default in the performance or observance of any term or condition
of this Agreement, the non-defaulting party shall notify the defaulting party in
writing of such fact, and the defaulting party shall have thirty (30) days from
the receipt of such notice to remedy or correct such breach or default. If the
non-defaulting party asserts that the breach of default has not been timely and
properly cured, it may commence arbitration as described herein and ask the
arbitrator to deem this Agreement terminated and/or to grant such relief as is
shown to be appropriate.

         C. In the event the parties are unable to agree upon an arbitrator to
hear and resolve their differences (hereinafter the "Dispute"), each party shall
designate one person licensed as an attorney in the state containing the
headquarters of the Company. Said two attorneys shall select the neutral
arbitrator. Unless agreed upon by the parties to the contrary, arbitration shall
be by a single, neutral arbitrator (hereinafter, the "Arbitrator").

         D. If the two attorneys designated in the immediately preceding
paragraph cannot agree on the selection of the Arbitrator, the matter of the
selection of the Arbitrator shall be submitted to the presiding judge of the
District Court for the jurisdictionally appropriate county in which the
Company's principal office is located. In such event, the selection shall be
limited to one person from a panel of retired judges, each party hereto
submitting three names for the court to consider and from which the Arbitrator
shall be selected.

         E. The Arbitrator shall have the full and absolute authority to
interpret this Agreement, to deem conduct by the parties as either in compliance
with or in breach of this Agreement, to terminate this Agreement, and (if a
breach is found) to award appropriate damages or relief.

         F. The Dispute shall be settled in accordance with then existing law of
the state in which the Company's headquarters are located. While evidence may be
accepted, omitted, considered or excluded in the discretion of the Arbitrator,
the Arbitrator shall be bound by that state's rules of evidence and by the
application of that state's uniform act, if any, governing arbitration. The
final decision of the Arbitrator shall be in the form of a reasoned decision and
be served on the parties, in writing, within 20 days after the conclusion of the
arbitration hearing.

         G. The Arbitrator's decision shall be binding and conclusive. Neither
party shall pursue, prosecute or otherwise file any legal action or proceeding
(other than to seek injunctive relief as described above). Except as provided in
the uniform act, if applicable, as provided above, no appeal shall be taken from
the Arbitrator's decision or from any subsequent court order confirming said
decision.

         H. The parties shall equally advance the costs incurred by arbitration.
The Arbitrator, however, shall have the discretion to award such costs as well
as attorneys' fees to the party prevailing in the arbitration proceedings.

                                       7

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