Document:

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                                                                EXHIBIT 10.129

WHEN RECORDED RETURN TO:
RONALD L. HOLMES
HOLMES FIRM PC
1491 1 QUORUM DRIVE
SUITE 340
DALLAS, TEXAS 75254

                           LEASE TERMINATION AGREEMENT

THE STATE OF TEXAS                        ss.
                                          ss.     KNOW ALL MEN BY THESE RESENTS:
COUNTIES OF BEE AND SAN PATRICIO          ss.

         THIS LEASE TERMINATION AGREEMENT (this "AGREEMENT") is made and entered
into effective as of December 1, 2004 by and between COUNSEL NURSING PROPERTIES,
INC., a Delaware corporation ("LESSOR"), and DIVERSICARE LEASING CORP., a
Tennessee corporation ("LESSEE"):

         A. Lessor and Lessee are parties to the Lease Agreement (with Option to
Purchase) dated as of May 10, 1994 (the "Lease") for three (3) long term care
facilities identified as follows:

                  Arkansas Pass Convalescent Center, Arkansas Pass, Texas
                  ("Arkansas Pass");

                  South Park Manor, Corpus Christi, Texas ("South Park Manor");
                  and

                  Hillside Lodge, Beeville, Texas ("Hillside Lodge").

         B. The Lease with respect to South Park Manor has previously expired,
and the Lease with respect to the Arkansas Pass and Hillside Lodge properties
(the "Properties") has been leased by Lessee on a month-to-month basis since May
2004.

         C. The Properties have been sold by Lessor to Texas LTC Woodridge
Limited Partnership ("LTC Woodridge"), and LTC Woodridge has provided notice to
Lessee that a new operator has been licensed to manage the Properties.

         NOW, THEREFORE, for good and valuable consideration, the receipt and
sufficiency of which are hereby mutually acknowledged, Lessor and Lessee agree
as follows:

         1. Termination. Lessor and Lessee hereby affirm that the Lease is
terminated and no longer in effect as of December 1, 2004. Lessee waives and
relinquishes any and all rights it has or may have in and to the Properties,
whether such rights arose or arise pursuant to the terms of the Lease or
otherwise.

         2. Vacating Premises. Effective as of December 1, 2004, Lessee will
vacate the premises of the Properties and turn over the management of the
Properties to the duly licensed operator that has been selected by LTC
Woodridge.

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         3. Effectiveness. The effectiveness of this Agreement shall be subject
to the terms and conditions of that certain Escrow Agreement, dated November 29,
2004, by and among Lessor, Lessee and LTC.

         4. Release of Short Form Lease. This Agreement releases that certain
Short Form Lease, dated May 10, 1994, by and between Lessor and Lessee and
recorded in Volume 5 16, Page 244 of the Deed of Records of Bee County, Texas
and Clerk's File No. 422792 of the Official Public Records of San Patricio
County, Texas.

              [The remainder of this page left intentionally blank]

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         IN WITNESS WHEREOF, this Agreement is executed as of the date first
listed above.

                                              COUNSEL NURSING PROPERTIES, INC.,
                                              a Delaware corporation

                                              By:  /s/ Joshua M. Silber
                                                   -----------------------------

                                              Name: Joshua M. Silber
                                                    ----------------------------

                                              Title: Vice President
                                                     ---------------------------

                                              DIVERSICARE LEASING CORP.,
                                              a Tennessee corporation

                                              By: /s/ Glynn Riddle
                                                  ------------------------------

                                              Name: Glynn Riddle
                                                    ----------------------------

                                              Title: Chief Financial Officer
                                                     --------------------------

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PROVINCE OF       Ontario                          ss.
             -------------------------------
                                                   ss.
PROVINCE OF                                        ss.
            --------------------------------

         BEFORE ME, the undersigned authority, on this day personally appeared
Joshua M. Silber, the Vice President of COUNSEL NURSING PROPERTIES, INC., a
Delaware corporation, known to me to be the person whose name is subscribed to
the foregoing instrument and acknowledged to me that he executed the same on
behalf of said corporation for the purposes and consideration therein expressed
and in the capacity stated.

         GIVEN UNDER MY HAND AND SEAL OF OFFICE this the 30th day of November
2004.

STEPHEN ALLEN WEINTRAUB,
a Commissioner, etc., the City of
Toronto, for Counsel Corporation and          /s/ Stephen Allen Weintraub
its subsidiary and                            ----------------------------------
affiliated companies.                         Notary Public
Expires February 17, 2005.                    In and For the Province of Ontario

My Commission Expires:       February 17, 2005
                       ------------------------------

STATE OF                                           ss.
         -----------------------------------
                                                   ss.
COUNTY OF                                          ss.
           ---------------------------------

         BEFORE ME, the undersigned authority, on this day personally appeared
Glynn Riddle, the Chief Financial Officer of DIVERSICARE LEASING CORP., a
Tennessee corporation, known to me to be the person whose name is subscribed to
the foregoing instrument and acknowledged to me that he executed the same on
behalf of said corporation for the purposes and consideration therein expressed
and in the capacity stated.

         GIVEN UNDER MY HAND AND SEAL OF OFFICE this the 30th day of November
2004.

                                             /s/ Cheryl E. Jones
                                             -----------------------------------
                                             Notary Public
                                             In and For the State of Tennessee

My Commission Expires:     September 20, 2008
                       ------------------------------<PAGE>

                                                                   EXHIBIT 10.29

              SUMMARY DESCRIPTION OF EBANK FINANCIAL SERVICES, INC.
                       DIRECTOR COMPENSATION ARRANGEMENTS

Directors who are employees of the Company do not receive any additional
compensation for their services as members of the Board of Directors. We pay
non-employee directors, other than our chairman of the board, $400 for each
board meeting attended in person and $200 for attendance via teleconference. We
pay our chairman of the board $5,000 per month in director's fees and he does
not receive additional fees for meeting attendance. We also pay on the behalf of
our chairman of the board certain athletic club dues (amounting to approximately
$1,428 in 2004). We typically do not reimburse our directors for out-of-pocket
expenses they incur in connection with their attendance at meetings except for
airfare.Management Services Agreement

 

EXHIBIT 10.3

MANAGEMENT SERVICES AGREEMENT

     This Management Services Agreement (the “Agreement”) is entered into this
8th day
of February, 2005, by and between Sunair Electronics, Inc., a Florida
corporation (the “Company”) and RPC Financial Advisors, LLC, a Florida limited liability
company (the “Manager”). Notwithstanding anything stated herein to the contrary, this
Agreement shall not be of any legal force and effect unless the Company consummates the
transactions contemplated by that certain Purchase Agreement, dated November 17, 2004, by and
between the Company and Coconut Palm Capital Investors II, Ltd. (“Coconut Palm”), an
affiliate of the Manager (the “Purchase Agreement”).

W I T N E S S E T H

     WHEREAS, in accordance with the terms of the Purchase Agreement, Coconut Palm has agreed to
purchase and the Company has agreed to sell: (i) 3,000,000 Units (as defined in the Purchase
Agreement) at a purchase price of $5.00 per Unit for an aggregate purchase price of $15,000,000, on
or before the First Closing Date (as defined in the Purchase Agreement, and for purposes of this
Agreement, the “Effective Date”); and (ii) if elected by Coconut Palm, an additional 2,000,000
Units at a purchase price of $5.00 per Unit for an aggregate purchase price of up to $10,000,000 if
all 2,000,000 Units are purchased, on or before the Second Closing Date (as defined in the Purchase
Agreement). For purposes of this Agreement, the aggregate purchase price paid by the Purchaser on
the First Closing Date, and, if applicable, the Second Closing Date, is hereinafter referred to as
the “Purchase Price”; and

     WHEREAS, in accordance with the terms of the Purchase Agreement, the Company has agreed to
enter into this Agreement pursuant to which the Manager will provide certain Management Services to
the Company as defined herein below.

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

     1. Management Services. Subject to the oversight and review by the Company’s Board of
Directors, the Manager hereby agrees to provide the Company with the following management services
(the “Management Services”):

          (a) establishing certain office, accounting and administrative procedures;

          (b) assisting the Company in trying to obtain financing relating to business
operations and acquisitions;

          (c) helping the Company in developing and implementing advertising, promotional and
marketing programs;

          (d) advising the Company with respect to securities matters as well as future
acquisitions and dispositions;

 

 

          (e) assisting the Company in developing tax planning strategies;

          (f) formulating risk management policies; and

          (g) providing such other services as may be reasonably requested by the Company and
may be agreed to by the Manager.

     2. Standard of Care. Manager hereby covenants with the Company to:

          (a) perform or take (or cause to be performed or taken) its functions,
responsibilities and duties hereunder in a professional, competent and efficient manner;

          (b) carry out its duties as Manager fairly, honestly, in good faith and in the best
interests of the Company;

          (c) exercise the degree of care, diligence and skill that a reasonably prudent
manager would exercise in comparable circumstances; and

          (d) perform the Management Services to the satisfaction of the Company and give the
Company full and prompt cooperation in the performance of all aspects of the Management Services.

     3. Management Fee and Reimbursement of Costs.

          (a) Management Fee.

     (i) Commencing on the later of the Effective Date or January 15, 2005, and
for the first year thereafter (the “Initial Management Term”), the Company shall pay
the Manager a management fee in the aggregate amount of 1/16 times the Purchase
Price, which shall be payable in equal monthly installments (the “Monthly Management
Fee”). Subject to review and approval by the Company’s Board of Directors, the Company
shall pay the Monthly Management Fee within twenty (20) business days following each monthly
period during the Initial Management Term. For purposes of illustration and not limitation:
(x) if the Purchase Price for the Initial Units and Additional Units purchased by Coconut
Palm pursuant to the Purchase Agreement is equal to Ten Million Dollars ($10,000,000.00),
the management fee for the Initial Management Term shall be an amount equal to Six Hundred
Twenty Five Thousand Dollars ($625,000.00), and the Monthly Management Fee paid by the
Company to the Manager during the Initial Management Term shall be an amount equal to Fifty
Two Thousand Eighty Three Dollars ($52,083.00); and (y) if the Initial Management Term
commences on January 15, 2005, the first Monthly Management Fee installment shall be due
within twenty (20) business days after February 15, 2005.

     (ii) Following the Initial Management Term, and during the remainder of the
term of this Agreement, the Company shall pay the Manager an annual management fee in an
amount equal to 1% of the gross revenues from operations of the Company, excluding any
revenues received by the Company from the Non-Core Assets and/or Core Assets of the Company,
as such terms are defined in the Purchase Agreement

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(the “Annual Management Fee”) for the period ending June 30th of
each calendar year (the “Annual Management Term”). The Annual Management Fee for the
first Annual Management Term shall be prorated from the end of the Initial Management Term
through June 30, 2006. The Annual Management Fee shall be calculated by the Manager and
delivered to the Company within forty five (45) business days following each Annual
Management Term. Subject to review and approval by the Company’s Board of Directors, the
Company shall pay the Annual Management Fee within twenty (20) business days after its
receipt thereof.

          (b) Reimbursement of Costs. The Manager shall be reimbursed for all
reasonable out-of-pocket costs, fees or expenses incurred, or expenditures made in connection with
the performance by the Manager of its duties hereunder. Except for the management fee and the
reimbursement of such costs, fees and expenses pursuant to this Section 3, there shall be no fees
or other sums paid to Manager for the services provided by Manager during the term hereof.

     4. Other Interests and Conflicts. The parties recognize that certain officers and
directors of the Manager will also serve as directors of the Company. The Manager is engaged
directly and through its affiliates in various investment-related businesses. Nothing in this
Agreement is intended to preclude the Manager and its affiliates from engaging in or possessing an
interest in other business ventures of any nature or description, independently or with others,
whether currently existing or hereafter created, including the acquisition, management, operation
and sale of businesses similar to the business of the Company.

     5. Term and Termination.

          (a) Term. This Agreement shall commence as of the Effective Date and shall
continue for an initial term of five (5) years. At the end of the initial five-year period, this
Agreement shall be automatically renewed for successive one (1) year terms, unless terminated by
either party upon thirty (30) days notice.

          (b) Termination. This Agreement may be terminated at any time, upon the
mutual written agreement of the parties hereto. In addition, either party may terminate this
Agreement for cause in the event the other party materially breaches its duties and obligations
under the terms of this Agreement or is in default of any of its obligations hereunder, which
breach or default is incapable of cure, or if capable of being cured, has not been cured within
thirty (30) days after receipt of written notice from the non-defaulting party or within such
additional period of time as the non-defaulting party may authorize in writing. In order to
determine whether the Manager has materially breached or is in default of any of its duties and
obligations hereunder, a two thirds (2/3) vote of the Independent Members of the Board of Directors
of the Company shall be required, which for purposes of this Agreement shall mean a determination
by all of the members of the Board of Directors of the Company other than Richard C. Rochon and
Mario B. Ferrari.

     6. Notices. All notices, requests, claims, demands and other communications hereunder
shall be in writing and shall be deemed to have been given if sent by registered or certified mail,
first class postage prepaid, return receipt requested, to the address of such parties set forth
below or such other future address as may be specified by any party by notice to all of

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the other parties. Such communications may also be given by personal delivery, by facsimile or
by regular mail, but shall be effective only if and when actually received.

If to the Company, at:

Sunair Electronics, Inc.

3005 SW 3rd Ave.

Fort Lauderdale, FL 33315-3312

Fax:___________________________

If to Manager, at:

RPC Financial Advisors, LLC

555 South Federal Highway

Boca Raton, FL 33432

Fax: 561-955-7333

     7. Amendment. This Agreement may not be modified, amended, altered or supplemented
except upon execution and delivery of a written agreement executed by the parties hereto.

     8. Miscellaneous.

          (a) Disputes. Any dispute, controversy or claim arising between the Manager
and the Company arising out of or relating to this Agreement, including, without limitation, any
question regarding the Monthly Management Fee or any Annual Management Fee, or the existence,
validity, termination, interpretation of any term hereof or either party’s performance obligations
hereunder shall be finally settled by arbitration in accordance with the International Arbitration
Rules of the American Arbitration Association (“AAA”) in effect at the time of the
arbitration (the “Arbitration Rules”). The AAA shall be the appointing authority and
responsible for administering any arbitration hereunder in accordance with the Arbitration Rules.
The place of arbitration shall be in Broward County, Florida. The language of the arbitration shall
be English. The arbitration shall be conducted by a single arbitrator who shall be a professional,
legal or otherwise but shall not be, or have previously been, associated with any party to this
Agreement (the “Arbitrator”). The arbitral award shall be final, binding and
non-appealable. Any award rendered by the Arbitrator may be confirmed, judgment upon any award
rendered may be entered and such award or the judgment thereon may be enforced or executed upon, by
any court having jurisdiction over any of the parties or their respective assets. The Arbitrator’s
award must be reasoned and issued in writing within thirty (30) days of the hearing, unless
otherwise agreed to by the Manager and the Company.

          (b) Binding Effect and Assignment. The provisions hereof shall be binding
upon, inure to the benefit of and shall be enforceable by the parties and their respective heirs,
personal representatives, successors and permitted assigns. This Agreement may not be assigned
without the prior written consent of the parties hereto.

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          (c) Entire Agreement. This Agreement and the additional documents referenced
herein merge all prior negotiations and agreements between the parties relating to the subject
matter hereof and constitute the entire agreement between the parties relating to such subject
matter. No prior or contemporaneous agreements, except as specified herein, written or oral,
relating to such subject matter shall be binding.

          (d) Further Assurances. Each party hereto specifically covenants and agrees
that it will execute such other and further instruments and documents as are or may become
necessary or convenient to effectuate and carry out the provisions of this Agreement.

          (e) Counterparts. This Agreement may be executed simultaneously in multiple
counterparts, all of which together shall constitute one and the same instrument.

          (f) Governing Law. This Agreement shall be governed by and construed in
accordance with the laws of the State of Florida.

[SIGNATURE PAGE FOLLOWS]

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     IN WITNESS WHEREOF, each of the parties hereto has caused this Management Services Agreement
to be signed by its duly authorized officer as of the date first written above.

	 	 	 	 	 
	 	SUNAIR ELECTRONICS, INC.

 	 
	 	By:  	/s/ James E. Laurent
 	 
	 	 	Name:  	James E. Laurent 	 
	 	 	Title:  	President 	 
	 

	 	 	 	 	 
	 	RPC FINANCIAL ADVISORS, LLC

 	 
	 	By:  	/s/ Richard C. Rochon
 	 
	 	 	Name:  	Richard C. Rochon 	 
	 	 	Title:  	 	 
	 

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