Document:

DC1131.pdf -- Converted by SEC Publisher 4.2, created by BCL Technologies Inc., for SEC Filing

THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR ANY STATE SECURITIES LAW AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF UNLESS REGISTERED UNDER THE SECURITIES
ACT AND UNDER APPLICABLE STATE SECURITIES LAWS OR DIRT MOTOR SPORTS, INC. SHALL HAVE RECEIVED AN OPINION OF ITS COUNSEL THAT REGISTRATION OF SUCH SECURITIES UNDER THE SECURITIES ACT AND UNDER THE PROVISIONS OF APPLICABLE STATE SECURITIES LAWS IS NOT
REQUIRED.

	
DIRT MOTOR SPORTS, INC.

Senior Secured Promissory Demand Note

	
U.S. $100,000 
		
 		
Issuance Date: April 3, 2007 
	
	
No.: 03-07-05 
		
 		
Maturity Date: June 30, 2007 
	

FOR VALUE RECEIVED, the undersigned, DIRT Motor Sports, Inc., a Delaware corporation (the "Company"), hereby
promises to pay to the order of C.E. Unterberg, Towbin Capital Partners I, L.P. or any future permitted holder of this senior secured promissory note (the "Holder"), at the
principal office of the Holder set forth herein, or at such other place as the Holder may designate in writing to the Company, the principal sum of One hundred thousand Dollars ($100,000.00) or such other amount as may be outstanding hereunder,
together with all accrued but unpaid interest, in such coin or currency of the United States of America as at the time shall be legal tender for the payment of public and private debts and in immediately available funds, as provided in this senior
secured promissory note (the "Note").

1. Seniority, Secured Interest, and Pledge of Additional Collateral.

     (a) Except for $4,450,000 aggregate principal amount of senior secured notes issued prior to the date hereof, together with all interested accrued thereon, this Note shall rank senior to
the Company’s currently issued and outstanding indebtedness and equity securities, other than those senior secured promissory notes of like-kind issued prior to or after the date hereof, in an aggregate amount not to exceed $1,000,000
(inclusive of this Note), for which this Note shall rank pari-passu (“Further Notes”). 

     (b) As security for the due and punctual payment of all amounts due under the terms of this Note, the Company hereby assigns, mortgages, pledges, hypothecates, transfers, sets over and grants
to the Holder of this Note a lien and security interest in (i) all real property owned by the Company (“Real Property”), subordinated to all valid, perfected first liens encumbering such Real Property filed prior to the date hereof; (ii)
all right, title and interest in and to the name and trademarks associated with or related to the “The World of Outlaws” owned by the Company as of the date hereof or acquired hereafter (the “IP Collateral”); and (iii) all other
assets of the Company, wherever located, and all proceeds from the sale of such property (“Other Assets”) (the Other Assets, Real Property and the IP Collateral are collectively referred to as the “Collateral”).

     (c) The Company shall not issue any securities or other financial instruments that rank senior to or pari-passu to this Note without the prior written consent of the Holder; provided that the
issuance of the Further Notes, if issued prior to April 6, 2007, shall not require such consent.  The issuance or attempted issuance by the Company of any senior or pari passu security or other financial instrument or

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security interest in any of the Collateral in violation of the provisions hereof shall constitute an Event of Default under the terms of this Note.

     (d) The liens and security interests granted to Holder in the Collateral pursuant hereto shall include, but not be limited to, all present and future products and proceeds of the Collateral,
subject only to the limitations described herein. The Company hereby agrees and covenants with the Holder to do such acts and things as the Holder may require, at the Company’s expense, in order to perfect the foregoing liens and security
interests, which may include, but shall not be limited to, providing detailed descriptions of the Collateral and preparing and recording such instruments and documents reflecting and perfecting liens and security interests as the Holder may
determine in its discretion. The Company shall promptly notify each of other Holders once it has been notified by Holder to begin the process of perfecting the liens and security interests. The failure of the Company to comply with the requirements
of this Section 1(d), or the inability of the Holder following good faith attempts to perfect the liens and security interests contemplated hereby shall constitute an Event of Default pursuant to the terms of this Note.

	
2.      		
Principal and Interest Payments.	
	 
	 	
(a) The Company shall pay any outstanding principal balance plus all	
	 

accrued and unpaid interest upon a demand for payment by the Payee made after June 30, 2007 (the "Maturity Date"). 

     (b) Interest on the outstanding principal balance of this Note shall accrue at a rate of eight percent (8%) per annum until the Maturity Date and shall accrue at the rate of twelve percent
(12%) thereafter. Interest on the outstanding principal balance of the Note shall be computed on the basis of the actual number of days elapsed and a year of three hundred and sixty-five (365) days and shall be payable on the Maturity Date by the
Company in cash. Furthermore, upon the occurrence of an Event of Default, then to the extent permitted by law, the Company will pay interest to the Holder, payable on demand, on the outstanding principal balance of the Note from the date of the
Event of Default until payment in full at the rate of fourteen percent (14%) per annum.

     (c) At the Company’s sole option, the Company may prepay the outstanding principal amount of this Note plus all accrued and unpaid interest in cash at any time without penalty prior to
maturity. All payments made on account of the indebtedness evidenced by this Note shall be applied first to accrued but unpaid interest, if any, and the remainder shall be applied to principal.

     3. Warrants. In connection with the loan evidenced by this Note, the Payee shall be issued Warrants (the “Note Warrants”) upon completion of any equity or debt financing raising gross proceeds of at least $5 million (a “Subsequent Financing”). The “Note Warrants” shall be in the form substantially identical to such warrants issued in the Subsequent Financing. The amount of Note Warrants to be issued to the Payee will be equal to the
percentage warrant coverage issued to the purchasers in the Subsequent Financing and shall be calculated by treating the principal amount of the Note as the purchase amount in the Subsequent Financing solely for purposes of determining the amount of
Note Warrants to be issued.

     4. Non-Business Days.  Whenever any payment to be made shall be due on a Saturday, Sunday or a public holiday under the laws of
the State of New York, such payment may be due on the next succeeding business day and such next succeeding day shall be included in the calculation of the amount of accrued interest payable on such date.

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     5. Representations and Warranties of the Company. The Company represents and warrants to the Holder as follows:

     (a) The Company has been duly incorporated and is validly existing and in good standing under the laws of the state of Delaware, with full corporate power and
authority to own, lease and operate its properties and to conduct its business as currently conducted.

     (b) This Note has been duly authorized, validly executed and delivered on behalf of the Company and is a valid and binding obligation of the Company enforceable
against the Company in accordance with its terms, subject to limitations on enforcement by general principles of equity and by bankruptcy or other laws affecting the enforcement of creditors' rights generally, and the Company has full power and
authority to execute and deliver this Note and to perform its obligations hereunder.

     (c) The execution, delivery and performance of this Note will not (i) conflict with or result in a breach of or a default under any of the terms or provisions of, (A)
the Company's certificate of incorporation or by-laws, or (B) any material provision of any indenture, mortgage, deed of trust or other material agreement or instrument to which the Company is a party or by which it or any of its material properties
or assets is bound, (ii) result in a violation of any material provision of any law, statute, rule, regulation, or any existing applicable decree, judgment or order by any court, Federal or state regulatory body, administrative agency, or other
governmental body having jurisdiction over the Company, or any of its material properties or assets or (iii) result in the creation or imposition of any material lien, charge or encumbrance upon any material property or assets of the Company or any
of its subsidiaries pursuant to the terms of any agreement or instrument to which any of them is a party or by which any of them may be bound or to which any of their property or any of them is subject.

     (d) No consent, approval or authorization of or designation, declaration or filing with any governmental authority on the part of the Company is required in connection
with the valid execution and delivery of this Note.

     6. Events of Default. The occurrence of any of the following events shall be an "Event of
Default" under this Note:

     (a) the Company shall fail to make the payment of any amount of any principal outstanding for a period of three (3) business days after the date such payment shall
become due and payable hereunder; or

     (b) the Company shall fail to make any payment of interest for a period of three (3) business days after the date such interest shall become due and payable hereunder;
or

     (c) any representation, warranty or certification made by the Company herein or in any certificate or financial statement shall prove to have been false or incorrect
or breached in a material respect on the date as of which made; or

     (d) the holder of any indebtedness of the Company or any of its subsidiaries shall accelerate any payment of any amount or amounts of principal or interest on any
indebtedness (the "Indebtedness") (other than the Indebtedness hereunder) prior to its stated maturity or payment date the aggregate principal amount of which Indebtedness of
all such persons is in excess of $600,000, whether such Indebtedness now exists or shall hereinafter be created, and such accelerated payment entitles the holder thereof to immediate payment of such Indebtedness which is due and owing and such
indebtedness

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has not been discharged in full or such acceleration has not been stayed, rescinded or annulled within ten (10) business days of such acceleration; or

     (e) A judgment or order for the payment of money shall be rendered against the Company or any of its subsidiaries in excess of $600,000 in the aggregate (net of
any applicable insurance coverage) for all such judgments or orders against all such persons (treating any deductibles, self insurance or retention as not so covered) that shall not be discharged, and all such judgments and orders remain
outstanding, and there shall be any period of sixty (60) consecutive days following entry of the judgment or order in excess of $600,000 or the judgment or order which causes the aggregate amount described above to exceed $600,000 during
which a stay of enforcement of such judgment or order, by reason of a pending appeal or otherwise, shall not be in effect; or

     (f) the Company shall (i) apply for or consent to the appointment of, or the taking of possession by, a receiver, custodian, trustee or liquidator of itself or of all
or a substantial part of its property or assets, (ii) make a general assignment for the benefit of its creditors, (iii) commence a voluntary case under the Bankruptcy Code or under the comparable laws of any jurisdiction (foreign or domestic), (iv)
file a petition seeking to take advantage of any bankruptcy, insolvency, moratorium, reorganization or other similar law affecting the enforcement of creditors' rights generally, (v) acquiesce in writing to any petition filed against it in an
involuntary case under the Bankruptcy Code or under the comparable laws of any jurisdiction (foreign or domestic), or (vi) take any action under the laws of any jurisdiction (foreign or domestic) analogous to any of the foregoing; or

     (g) a proceeding or case shall be commenced in respect of the Company or any of its subsidiaries without its application or consent, in any court of competent
jurisdiction, seeking (i) the liquidation, reorganization, moratorium, dissolution, winding up, or composition or readjustment of its debts, (ii) the appointment of a trustee, receiver, custodian, liquidator or the like of it or of all or any
substantial part of its assets or (iii) similar relief in respect of it under any law providing for the relief of debtors, and such proceeding or case described in clause (i), (ii) or (iii) shall continue undismissed, or unstayed and in effect, for
a period of thirty (30) consecutive days or any order for relief shall be entered in an involuntary case under the Bankruptcy Code or under the comparable laws of any jurisdiction (foreign or domestic) against the Company or any of its subsidiaries
or action under the laws of any jurisdiction (foreign or domestic) analogous to any of the foregoing shall be taken with respect to the Company or any of its subsidiaries and shall continue undismissed, or unstayed and in effect for a period of
thirty (30) consecutive days; or

     (h) the suspension from listing or the failure of the Common Stock to be listed on the OTC Bulletin Board for a period of five (5) consecutive trading days.

     7. Remedies Upon An Event of Default. If an Event of Default shall have occurred and shall be continuing, the Holder of this
Note may at any time at its option, (a) declare the entire unpaid principal balance of this Note, together with all interest accrued hereon, due and payable, and thereupon, the same shall be accelerated and so due and payable; provided, however, that upon the occurrence of an Event of Default described in (i) Sections 6(f) and (g), without
presentment, demand, protest, or notice, all of which are hereby expressly unconditionally and irrevocably waived by the Company, the outstanding principal balance and accrued interest hereunder shall be automatically due and payable, and (ii)
Sections 6(a) through (e) and Section 6(h), the Holder may exercise or otherwise enforce any one or more of the Holder's rights, powers, privileges, remedies and interests under this Note or applicable law. No course of delay on the part of the
Holder shall operate as a waiver thereof or otherwise prejudice the right of the Holder.  No remedy conferred hereby shall be exclusive of any other remedy referred to herein or now or hereafter available at law, in equity, by statute or otherwise.
Notwithstanding the

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foregoing, Holder agrees that its rights and remedies hereunder are limited to receipt of cash or shares of the Company’s equity securities in the amounts described herein.

     8. Replacement. Upon receipt of a duly executed, notarized and unsecured written statement from the Holder with respect to the
loss, theft or destruction of this Note (or any replacement hereof), and without requiring an indemnity bond or other security, or, in the case of a mutilation of this Note, upon surrender and cancellation of such Note, the Company shall issue a new
Note, of like tenor and amount, in lieu of such lost, stolen, destroyed or mutilated Note.

     9. Parties in Interest, Transferability. This Note shall be binding upon the Company and its successors and assigns and the
terms hereof shall inure to the benefit of the Holder and its successors and permitted assigns. This Note may be transferred or sold, or pledged, hypothecated or otherwise granted as security by the Holder.

     10. Amendments. This Note may not be modified or amended in any manner except in writing executed by the Company and the
Holder.

     11. Notices. Any notice, demand, request, waiver or other communication required or permitted to be given hereunder shall be in
writing and shall be effective (a) upon hand delivery by telecopy or facsimile 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. The Company will give written notice to the Holder at least thirty (30) days prior to the date on which the Company closes its books or takes a record (x) with
respect to any dividend or distribution upon the common stock of the Company, (y) with respect to any pro rata subscription offer to holders of common stock of the Company or (z) for determining rights to vote with respect to a Major Transaction,
dissolution, liquidation or winding-up and in no event shall such notice be provided to such holder prior to such information being made known to the public. The Company will also give written notice to the Holder at least twenty (20) days prior to
the date on which dissolution, liquidation or winding-up will take place and in no event shall such notice be provided to the Holder prior to such information being made known to the public.

	
Address of the Holder: 
		
 		
C.E. Unterberg, Towbin Capital Partners I, L.P. 
	
	
 
		
 		
Rich Reynoso 
	
	
 
		
 		
Controller 
	
	
 
		
 		
C.E. Unterberg, Towbin 
	
	
 
		
 		
350 Madison Ave. 
	
	
 
		
 		
New York, NY 10017 
	
	
 
		
 		
212-389-8004 
	
	
 
		
 		
212-389-8404 fax 
	
	
 
		
 		
rreynoso@unterberg.com 
	
	
 
	
	
Address of the Company: 
		
 		
DIRT Motor Sports, Inc. 
	
	
 
		
 		
Attention: Chief Financial Officer 
	
	
 
		
 		
7575 West Winds Blvd, Suite D 
	
	
 
		
 		
Concord, NC 28027 
	
	
 
		
 		
Tel. No.: (704)795-7223 
	
	
 
		
 		
Fax No.: (704)795-7229 
	

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     12. Governing Law. This Note shall be governed by and construed in accordance with the internal laws of the State of New York,
without giving effect to the choice of law provisions. This Note shall not be interpreted or construed with any presumption against the party causing this Note to be drafted.

     13. Headings.  Article and section headings in this Note are included herein for purposes of convenience of reference only and
shall not constitute a part of this Note for any other purpose.

     14. Remedies, Characterizations, Other Obligations, Breaches and Injunctive Relief. The remedies provided in this Note shall be
cumulative and in addition to all other remedies available under this Note, at law or in equity (including, without limitation, a decree of specific performance and/or other injunctive relief), no remedy contained herein shall be deemed a waiver of
compliance with the provisions giving rise to such remedy and nothing herein shall limit a Holder's right to pursue actual damages for any failure by the Company to comply with the terms of this Note. Amounts set forth or provided for herein with
respect to payments and the like (and the computation thereof) shall be the amounts to be received by the Holder and shall not, except as expressly provided herein, be subject to any other obligation of the Company (or the performance thereof). The
Company acknowledges that a breach by it of its obligations hereunder will cause irreparable and material harm to the Holder and that the remedy at law for any such breach may be inadequate. Therefore the Company agrees that, in the event of any
such breach or threatened breach, the Holder shall be entitled, in addition to all other available rights and remedies, at law or in equity, to seek and obtain such equitable relief, including but not limited to an injunction restraining any such
breach or threatened breach, without the necessity of showing economic loss and without any bond or other security being required.

     15. Failure or Indulgence Not Waiver. No failure or delay on the part of the Holder in the exercise of any power, right or
privilege hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such power, right or privilege preclude other or further exercise thereof or of any other right, power or privilege.

     16. Enforcement Expenses. The Company agrees to pay all costs and expenses of enforcement of this Note, including, without
limitation, reasonable attorneys' fees and expenses.

     17. Binding Effect. The obligations of the Company and the Holder set forth herein shall be binding upon the successors and
assigns of each such party, whether or not such successors or assigns are permitted by the terms hereof.

     18. Compliance with Securities Laws. The Holder of this Note acknowledges that this Note is being acquired solely for the
Holder's own account and not as a nominee for any other party, and for investment, and that the Holder shall not offer, sell or otherwise dispose of this Note other than in compliance with the laws of the United States of America and as guided by
the rules of the Securities and Exchange Commission. This Note and any Note issued in substitution or replacement therefore shall be stamped or imprinted with a legend in substantially the following form:

"THIS NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR ANY STATE SECURITIES LAW AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF UNLESS REGISTERED UNDER THE
SECURITIES ACT AND UNDER

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APPLICABLE STATE SECURITIES LAWS OR DIRT MOTOR SPORTS INC. SHALL HAVE RECEIVED AN OPINION OF ITS COUNSEL THAT REGISTRATION OF SUCH SECURITIES UNDER THE SECURITIES ACT AND UNDER THE PROVISIONS OF APPLICABLE STATE SECURITIES
LAWS IS NOT REQUIRED."

     19. Severability. The provisions of this Note are severable, and if any provision shall be held invalid or unenforceable in
whole or in part in any jurisdiction, then such invalidity or unenforceability shall not in any manner affect such provision in any other jurisdiction or any other provision of this Note in any jurisdiction.

     20. Consent to Jurisdiction.  Each of the Company and the Holder (i) hereby irrevocably submits to the jurisdiction of the
United States District Court sitting in the Southern District of New York and the courts of the State of New York located in New York county for the purposes of any suit, action or proceeding arising out of or relating to this Note, and the Company irrevocably submits to the jurisdiction of the federal and/or state courts in any locality in which any Collateral may be
located, and (ii) hereby waives, and agrees not to assert in any such suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of such court, that the suit, action or proceeding is brought in an inconvenient forum
or that the venue of the suit, action or proceeding is improper. Each of the Company and the Holder consents to process being served in any such suit, action or proceeding by mailing a copy thereof to such party at the address set forth in Section
10 hereof and agrees that such service shall constitute good and sufficient service of process and notice thereof.  Nothing in this Section 19 shall affect or limit any right to serve process in any other manner permitted by law.

     21. Company Waivers.  Except as otherwise specifically provided herein, the Company and all others that may become liable for
all or any part of the obligations evidenced by this Note, hereby waive presentment, demand, notice of nonpayment, protest and all other demands and notices in connection with the delivery, acceptance, performance and enforcement of this Note, and
do hereby consent to any number of renewals of extensions of the time or payment hereof and agree that any such renewals or extensions may be made without notice to any such persons and without affecting their liability herein and do further consent
to the release of any person liable hereon, all without affecting the liability of the other persons, firms or Company liable for the payment of this Note, AND DO HEREBY WAIVE TRIAL BY JURY.

     (a) No delay or omission on the part of the Holder in exercising its rights under this Note, or course of conduct relating hereto, shall operate as a waiver of such
rights or any other right of the Holder, nor shall any waiver by the Holder of any such right or rights on any one occasion be deemed a waiver of the same right or rights on any future occasion.

     (b) THE COMPANY ACKNOWLEDGES THAT THE TRANSACTION OF WHICH THIS NOTE IS A PART IS A COMMERCIAL TRANSACTION, AND TO THE EXTENT ALLOWED BY APPLICABLE LAW, HEREBY WAIVES
ITS RIGHT TO NOTICE AND HEARING WITH RESPECT TO ANY PREJUDGMENT REMEDY WHICH THE HOLDER OR ITS SUCCESSORS OR ASSIGNS MAY DESIRE TO USE.

[REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]

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

DIRT MOTOR SPORTS, INC.

By: 

	
Name: Brian Carter

Title: Chief Financial Officer

8Consulting Agreement between the Company and CRG Partners

 Exhibit 10.56 
 April 4, 2007 
 CONSULTING AGREEMENT 
 THIS CONSULTING AGREEMENT (the “Agreement”) is made and entered into effective the 4th day of April, 2007 by and between CRG Partners, Inc. (the “Consultant”), whose principal place of business is 12
Hopping Lane, Florham Park, NJ 07932, and Public Media Works Inc. (the “Client”), whose principal place of business is 14759 Oxnard Street, Van Nuys, CA 91411. 
 WHEREAS, Consultant is in the business of providing services for management consulting, business advisory, shareholder information and public relations; and 
 WHEREAS, the Client deems it to be in its best interest to retain Consultant to render to the Client such services as may be needed; and 
 WHEREAS, Consultant is ready, willing and able to render such consulting and advisory services to Client. 
 NOW THEREFORE, in consideration of the mutual promises and covenants set forth in this Agreement, the receipt and sufficiency of which are hereby acknowledged,
the parties hereto agree as follows: 
 1. Consulting Services. The client hereby retains the Consultant as an independent Consultant to the Client and
the Consultant hereby accepts and agrees to such retention. The services provided by the Consultant are: Disseminate an Overview Report on the Client Company by means of “Targeted” E-Mail and conduct a marketing campaign to new investors
by posting the Overview Report and a company Profile on the TheSubway.com website and at the Consultants discretion, publicize news released by the Client Company. 
 It is acknowledged and agreed by the Client that Consultant carries no professional licenses, and is not rendering legal advice or performing accounting services, nor acting as an investment advisor or brokerage/dealer within the meaning of
the applicable state and federal securities laws. The services of Consultant shall not be Exclusive nor shall Consultant be required to render any specific number of hours or assign specific personnel to the Client or its projects. 
 2. Independent Contractor. Consultant agrees to perform its consulting duties hereto as an independent contractor. Nothing contained herein shall be considered to
as creating an employer-employee relationship between the parties to this Agreement. The Client shall not make social security, worker’s compensation or unemployment insurance payments on behalf of Consultant. The parties hereto acknowledge and
agree that Consultant cannot guarantee the results or effectiveness of any of the services rendered or to be rendered by Consultant. Rather, Consultant will use its best efforts and does not promise results. 
 3. Time, Place and Manner of Performance. The Consultant shall be available for advice and counsel to the officers and directors of the Client as such reasonable
and convenient times and places as may be mutually agreed upon. Except as aforesaid, the time, place and manner of performance of the services hereunder, including the amount of time to be allocated by the Consultant to any specific service, shall
be determined at the sole discretion of the Consultant. 
 4. Term of Agreement. The term of this Agreement shall be three months, commencing on the
date of this Agreement, subject to prior termination as hereinafter provided. 
 5. Compensation. In providing the foregoing services, Consultant
shall be responsible for all costs incurred except the Client will be responsible for mailing out due diligence requests. Client shall pay Consultant for its services hereunder as follows: to issue three hundred thousand
(300,000) shares of Client’s restricted Rule 144 common stock to Consultant promptly upon signing of this Agreement; to issue fifty thousand (50,000) shares of Client’s restricted Rule 144 common stock to Consultant on the first
day of the second month of this Agreement; and to issue fifty thousand (50,000) shares of Client’s restricted Rule 144 common stock to Consultant on the first day of the third month of this Agreement. 
 6. Late Payment. In the event of late payment of any compensation due under this Agreement, and in addition to the rights granted the Consultant under paragraph 8
“Termination” of this Agreement, Consultant may immediately remove Client’s company from thesubway.com website until any arrears in compensation are brought current. If the Client fails to pay any compensation due under this
Agreement, including any compensation due under paragraphs 5 and 11 hereof, then Consultant shall be entitled to recover from the Client a dollar amount equal to the dollar value of any shares due for compensation as provided in paragraph 5
“Compensation” of this Agreement. 

 7. Client’s Representations. The Client represents that it is in compliance with all applicable Securities
and Exchange Commission reporting and accounting requirements and all applicable requirements of the NASD or any stock exchange. The Client further represents that it has not been and is not the subject of any enforcement proceeding or injunction by
the Securities and Exchange Commission or any state securities agency. 
 8. Termination. 
 (a) Consultant’s relationship with the Client hereunder may be terminated for any reason whatsoever, at any time, by Client, upon 3 days written prior notice.

 (b) This Agreement may be terminated by either party upon giving written notice to the other party if the other party is in default hereunder and such
default is not cured within fifteen (15) days of receipt of written notice of such default. 
 (c) Consultant and Client shall have the right and
discretion to terminate this Agreement should the other party in performing their duties hereunder, violate any law, ordinance, permit or regulation of any governmental entity, except for violations which either singularly or in the aggregate do not
have or will not have a material adverse effect on the operations of the Client. 
 (d) In the event of any termination hereunder all shares or funds due to
or paid to the Consultant through the date of termination shall be fully earned and non-refundable and the parties shall have no further responsibilities to each other except that the Client shall be responsible to make any and all payments if any,
due to the Consultant through the date of the termination and the Consultant shall be responsible to comply with the provisions of section 10 hereof. 
 9.
Work Product. It is agreed that all information and materials produced for the Client shall be the property of the Consultant, free and clear of all claims thereto by the Client, and the Client shall retain no claim of authorship therein.

 10. Confidentiality. The Consultant recognizes and acknowledges that it has and will have access to certain confidential information of the Client
and its affiliates that are valuable, special and unique assets and property of the Client and such affiliates. The Consultant will not, during the term of this Agreement, disclose, without the prior written consent or authorization of the Client,
any of such information to any person, for any reason or purpose whatsoever. In this regard, the Client agrees that such authorization or consent to disclose may be conditioned upon the disclosure being made pursuant to a secrecy agreement,
protective order, provision of statute, rule, regulation or procedure under which the confidentiality of the information is maintained in the hands of the person to whom the information is to be disclosed or in compliance with the terms of a
judicial order or administrative process. 
 11. Consultant Representations. Client is entering into this Agreement and issuing the Client Common
Stock to the Consultant in reliance upon the following representations made by the Consultant: 
 (a) Consultant acknowledges and agrees that
the Client Common Stock to be issued hereunder has not been registered with the United States Securities and Exchange Commission (“SEC”) or with the securities regulatory authority of any state. The Client Common Stock is subject to
restrictions imposed by federal and state securities laws and regulations on transferability and resale, and may not be transferred assigned or resold except as permitted under the Securities Act of 1933, as amended (the “Act”), and
the applicable state securities laws, pursuant to registration thereunder or exemption therefrom. 
 (b) Consultant is an “accredited
investor” within the meanings set forth in Regulation D of the Act. 
 (c) Consultant (i) has had, and continues to have, access to
detailed information with respect to the business, financial condition, results of operations and prospects of Client; (ii) has received or has been provided access to all material information concerning an investment in Client; and
(iii) has been given the opportunity to obtain any additional information or documents from, and to ask questions and receive answers of, the officers, directors and representatives of Client to the extent necessary to evaluate the merits and
risks related to an investment in Client represented by the Common Stock, including an opportunity to review all of Client’s public filings with the SEC. 
 (d) As a result of Consultant’s study of the aforementioned information and Consultant’s prior overall experience in financial matters, and Consultant’s familiarity with the nature of businesses
such as Client, Consultant is properly able to evaluate the capital structure of Client, the business of Client, and the risks inherent therein. 

 (e) Consultant understands the restrictions on his ability to transfer and resale the Client Common
Stock. Consultant’s financial condition is such that Consultant can afford to bear the economic risk of holding the Client Common Stock, and to suffer a complete loss of Consultant’s investment in Client represented by the Client Common
Stock. 
 (f) Consultant’s principal place of business is in the State of New Jersey. 
 12. Conflict of Interest. The Consultant shall be free to perform services for other persons. The Consultant will notify the Client of its performance of
Consultant services for any other person, which could conflict with its obligations under the Agreement. Upon receiving such notice, the Client may terminate this Agreement or consent to the Consultant’s outside consulting activities; failure
to terminate, this Agreement within seven (7) business days of receipt of written notice of conflict shall constitute the Client’s ongoing consent to the Consultant’s outside consulting services. 
 13. Disclaimer of Responsibility for Act of the Client. In no event shall Consultant be required by this Agreement to represent or make management decisions for
the Client. Consultant shall under no circumstances be liable for any expense incurred or loss suffered by the Client as a consequence of such decisions, made by the Client or any affiliates or subsidiaries of the Client. 
 14. Indemnification. 
 (a) The Client shall protect, defend, indemnify
and hold Consultant and its assigns and attorneys, accountants, employees, officers and director harmless from and against all losses, liabilities, damages, judgments, claims, counterclaims, demands, actions, proceedings, costs and expenses
(including reasonable attorneys’ fees) of every kind and character resulting from, relating to or arising out of (a) the inaccuracy, non-fulfillment or breach of any representation, warranty, covenant or Agreement made by the Client
herein, or (b) negligent or willful misconduct, occurring during the term thereof with respect to any of the decisions made by the Client (c) a violation of state or federal securities laws. 
 (b) The Consultant shall protect, defend, indemnify and hold Client and its assigns and attorneys, accountants, employees, officers and director harmless from and
against all losses, liabilities, damages, judgments, claims, counterclaims, demands, actions, proceedings, costs and expenses (including reasonable attorneys’ fees) of every kind and character resulting from, relating to or arising out of
(a) the inaccuracy, non-fulfillment or breach of any representation, warranty, covenant or Agreement made by the Consultant herein, or (b) negligent or willful misconduct, occurring during the term thereof with respect to any of the
decisions made by the Consultant (c) a violation of state or federal securities laws. 
 15. Service and Notices. Service and Notice: Any service
and/or notice required or permitted to be given under this Agreement shall be deemed sufficient if in writing and delivered or sent by registered or certified mail, or by Federal Express or other recognized courier to the principal office of each.

 16. Waiver of Breach. Any waiver by either party or a breach of any provision of this Agreement by the other party shall not operate or be
construed as a waiver of any subsequent breach by any party. 
 17. Assignment. This Agreement and the right and obligations of the Consultant
hereunder shall not be assignable without the written consent of the Client. 
 18. Applicable Law. It is the intention of the parties hereto that
this Agreement and the performance hereunder and all suits and special proceedings hereunder be construed in accordance with and under and pursuant to the laws of the State of California and that in any action, special proceeding or other
proceedings that may be brought arising out of, in connection with or by reason of this Agreement, the law of the State of California shall be applicable and shall govern to the exclusion of the law of any other forum, without regard to the
jurisdiction on which any action or special proceeding may be instituted. 
 19. Severability. All agreements and covenants contained herein are
severable, and in the event any of them shall be held to be invalid by any competent court, the Agreement shall be interpreted as if such invalid agreements or covenants were not contained herein. 
 20. Entire Agreement. This Agreement constitutes and embodies the entire understanding and Agreement of the parties and supersedes and replaces all other or prior
understandings, agreements and negotiations between the parties. 
 21. Waiver and Modification. Any waiver, alteration, or modification of any of the
provisions of this Agreement shall be valid only 

 
if made in writing and signed by the parties hereto. Each party hereto, may waive any of its rights hereunder without affecting a waiver with respect to any
subsequent occurrences or transactions hereof. 
 22. Binding Arbitration. Any controversy or claim arising out of or relating to this Agreement, or
the breach thereof, shall be settled by arbitration administered by the American Arbitration Association under its Commercial Arbitration Rules, and judgment on the award rendered by the arbitrator(s) may be entered in any court having jurisdiction
thereof. The arbitration shall be conducted in Los Angeles County, California. 
 23. Counterparts and Facsimile Signature. This Agreement may be
executed simultaneously in two or more counterparts, each of which shall be deemed an original, but all of which taken together shall constitute one and the same instrument. Execution and delivery of this Agreement by exchange of facsimile copies
bearing the facsimile signature of a party hereto shall constitute a valid and binding execution and delivery of this Agreement by such party. Such facsimile copies shall constitute enforceable original documents. 
 24. TheSUBWAY.com web site is operated by Consultant under a license from TheSUBWAY.com Inc., Capital Research Group, Inc. and One Source Solutions Inc. (Licensors) and
Consultant is not the agent of any of the Licensors and Consultant is solely responsible for all statements in and obligations under this Agreement. 
 IN
WITNESS WHEREOF, the parties hereto have duly executed and delivered this Agreement, effective as of the date set forth above. 
 CONSULTANT:

  

					
	CRG Partners, Inc.	  	
			
	By:	 	 /s/ Joseph G. Farrar
	  	DATE: 4/05/07
		 	Joseph G. Farrar, President / CEO	  	

 CLIENT: 
  

					
	Public Media Works Inc.	  	
			
	By:	 	 /s/ Corbin Bernsen
	  	DATE: 4 April 2007
		 	Corbin Bernsen, President/CEO

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