Document:

Unassociated Document

    Tshinghua
Science Park, YuQuanHuiGu

    

    Office
Lease Agreement

    

    This
Lease Agreement was entered into on January 1, 2009 in Beijing between Beijing
YuQuanHuiGu  Realty Management Ltd. Co. (Party A) and Rise King
Century Technology Development (Beijing) Co., Ltd. (Party B).

    

    Each
Party A or Party B is referred as a “Party” and collectively as the
“Parties.”

     

    Preamble

    

    According
to the Contract Laws of the People’s Republic of China and any other applicable
laws and regulations, the Parties entered into this Agreement on the basis of
equality and mutual benefit and through friendly negotiations as
follows:

    

    Section
1 the Parties

    

    
      	
              1.1

            	
              The
      Parties to this Agreement are:

            

    

    
      	
              (1)

            	
              Party
      A (the lessor):  Beijing YuQuanHuiGu Realty Management Ltd.
      Co.

            

    

    Registered
Address: HaiDian District YuQuanShang 3 MinZhuang Road

    Phone:
010-88850808

    Fax:
010-88850678

    Legal
Person: Liu, JiXiang

    Title:
Legal Person

    

    
      	
              (2)

            	
              Party
      B (the lesseeRise King Century Technology Development (Beijing) Co.,
      Ltd.

            

    

    Registered
Address:

    Phone:

    Fax:

    Legal
Person: Cheng, HanDong

    Title:
CEO

    

    Section
2 Defined Terms

    

    “Construction
Area” means the area inside each suite plus its share of common
areas.

    “Lease
Starting Date” means the date on which the rent shall start to be calculated
according to this Agreement.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    Section
3 Terms of the Agreement

    

    3.1 The
name of the leased property: Tshinghua Science Park, YuQuanHuiGu

    3.2 The
location of the leased property: the property leased to Party B shall be
Tshinghua Science Park, YuQuanHuiGu, one below-ground floors on Bldg
#6.

    3.3.
Purpose of the lease property: the property leased to Party B (the “Property”)
is to be used by Party B as office space.

    3.4
Leased Area: Construction area of 876 square meters, of which 876 square meters
are above ground and 0 square meters are underground.

    3.5 Term
of the Lease: the term of the lease of the Property shall start on January 1,
2009 till December 31, 2011 for a total of three years.

    3.6 Lease
Agreement: this Lease Agreement shall be signed on January 1, 2009.

    3.7 Lease
Start Date: January 1, 2009.

    3.8
Amount of Rent: The daily amount Party B shall be responsible for during the
term of this Agreement for the Property is RMB 0 Yuan/Day/Square Meter of
Construction Area for the above-ground space and RMB 1 Yuan/Day/Square Meter of
Construction Area for the underground space.

    3.9 Party
B shall make a one-time payment of rent RMB 78,840 Yuan and deposit RMB 26,000,
which totals at RMB 104,840 Yuan, to Party A, and to fulfill all check-in
procedures required by Party A. Only after the fulfillment of the above
requirements shall Party B start to use the Property.

    3.10 The
Method of Payment: Rent shall be paid before the usage of Property, and so rent
shall be paid quarterly. Party B shall remit to Party A or the bank designated
by Party A the first payment of rent on the day when this Agreement is signed.
Thereafter, Party B shall remit rent for the next quarter to Party A or the bank
designated by Party A during the last seven business days of each quarter. After
the receipt of rent, Party A shall acknowledge with the issuance of
receipt.

    3.10.1
The first payment of rent by Party B already covers till March 31, 2009 and
thereafter the method of payment shall follow the terms of Section 3.10
above.

    3.11 The
deposit shall be RMB 26,000, which shall be returned in full to Party B or the
bank designated by Party B within ten days of the expiration of this Agreement
provided that Party B has not breached this Agreement in any way.

    

    Account
Name: Beijing YuQuanHuiGu Realty Management Ltd. Co.

    Bank:
Beijing Rural Commercial Bank, SiJiQin Branch

    Account
Number: XXXXXXXXXXXXXXX

    

    Section
4 Obligations of Parties

    

    4.1 In
addition to any other obligations and responsibilities under this Agreement,
Party A is obliged to:

    4.1.1
provide the leased property according to the timetable set by this Agreement,
but Party A does not guarantee the Property could be put to immediate commercial
use by Party B.

    4.1.2
provide all the facilities specified in this Agreement, to inspect periodically,
maintain, safeguard Tshinghua Science Park, YuQuanHuiGu and its facilities, so
as to ensure the proper operation of Tshinghua Science Park, YuQuanHuiGu and its
facilities, and the safe use by Party B.

    4.1.3
assist Party B in handling all check-in procedures;

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    4.1.4
guarantee no third-party claims to the suite covered by this Agreement and to
reimburse any loss to Party B due to any third-party claims
thereto;

    4.1.5
improve its service rendered by Party A or Property Management Company retained
by Party A.

    4.1.6
notify Party B in writing twenty business days in advance if Party A has to take
back the rental property before the expiration of this Agreement. And if there
is any damage to Party B due to the above reason, Party A shall compensate
certain amount, which may include:

    4.1.6.1
the fee incurred by the lessee for decorating the rental property, which shall
be valued at its depreciation value;

    4.1.6.2
other losses which shall not exceed one month’s rent.

    4.1.7 if
Party A shall transfer the property to a third party according to applicable
laws, the third party shall assume Party A’s obligations under this Agreement
and this Agreement continues to be valid provided that there is no new
agreement.

    4.1.8 to
notify Party B in writing three months in advance if Party A is to sell the
property. Party B shall have the rights of first offer under the same
terms.

    4.1.9 to
obey the management rules set by Tshinghua Science Park,
YuQuanHuiGu.

    4.2 In
addition to any other obligations and responsibilities under this Agreement,
Party B is obliged to:

    4.2.1
provide Party A with copies of its business registration certificate and
identity card of its legal person as the signing of this Agreement. If there is
any change to the above documents, Party B shall notify Party A in writing five
business days in advance.

    4.2.2 pay
rent on a timely basis according to this Agreement, Property Management
Agreement, Management Regulations and supplements.

    4.2.3
follow the Management Regulations of Tshinghua Science Park, YuQuanHuiGu and
Management Rules of Tshinghua Science Park, YuQuanHuiGu. If Party B improperly
used Tshinghua Science Park, YuQuanHuiGu or its facilities or maliciously
damaged the above, Party B shall timely notify Party A or the Property
Management Company in writing and be responsible for losses, costs and expenses
incurred by the damages.

    4.2.4 if
due to no fault of Party B, any equipment or facility provided by Party A in the
rental property suffered a damage, Party B shall timely notify Party A or the
Property Management Company in writing so that the Property Management Company
can arrange to have the same repaired.

    4.2.5 if
there is damage to person or things due to the reason that Party B improperly
used, mismanage or failed to maintain the rental property, Party B shall solve
the dispute by itself. Any damage suffered to the rental property shall be
handled according to this Agreement.

    4.2.6
Party B may decorate the rental property except the fire system and central air
system provided that the decoration shall not alter the structure of the
property or its purpose and Party A has agreed to the scale, area, method and
materials for the decoration. Party B shall select lass two or above certified
decoration contractors for the decoration work. Party B shall apply to Party A
(or Party A’s authorized representative) for the start of the decoration work
and to supply to Party A all relevant documents including but not limited to
design of the decoration and the work plan. After receiving the above, Party A
shall notify Party B within 14 business days. After the approval from Party A,
Party B shall enter into an “Agreement on the Management of Decorations” with
Beijing YuQuanHuiGu Property Management Ltd. Co. and then Party B may start
decorating, which shall conform to the applicable laws of the country, fire
regulations and the safety and overall appearance of Tshinghua Science Park,
YuQuanHuiGu.  Party B may maintain the upkeep of its own decorations,
or entrust Party A with the task and if so shall pay Party A a maintenance fee.
If Party B did any decoration work without the prior approval of Party A, Party
A may require Party B to restore the property to its original condition and any
cost and expenses related thereto (including restoration fees, loss to
facilities and penalty for breaches) shall be borne by Party B.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    4.2.7
Party B shall not transfer, sublease the rental property or submit the same to
the use of third parties or share it with third parties, otherwise Party B shall
be deemed in breach of this Agreement.

    4.2.8
Party B shall allow Party A (or authorized representatives of Party A) to enter
the rental property during appropriate hours, for appropriate reasons and with
prior notification (except for emergency when no notification is necessary) in
order to inspect the rental property or handle emergency situations. If there is
any condition which requires the maintenance by Party B, Party B shall pay for
the maintenance on a timely basis according to the requirements of Party A (or
authorized representatives of Party A). If Party B fails to do the maintenance
on a timely basis, Party A (or authorized representatives of Party A) may do the
work on Party B’s behalf and Party B shall be responsible for all costs and
expenses incurred.

    4.2.9
Party B shall make sure its employees, visitors and agents follow this
Agreement, Property Management Agreement, Property Management Regulations and
all rules and regulations of Tshinghua Science Park, YuQuanHuiGu during their
use, management and maintenance of the rental property. Party B shall be
responsible for any loss or damages suffered by the rental property due to the
fault of its employees, visitors and agents.

    4.2.10
The lessee shall take care and use properly the rental property and its
facilities, and shall not change, expand or add thereto without prior approval
from Party A. If there is a need for any change, the approval of the lessor is
required and a written agreement must be entered into. If, due to the fault of
the lessee, the rental property suffers damage, the lessee shall be responsible
for its restoration or compensation.

    4.2.11
The lessor may terminate this Agreement, reclaim the rental property and
requires a compensation if any damage ensues, if any one of the following
occurs:

    4.2.11.1
late payment of rent for up to 30 days;

    4.2.11.2
sublease the rental property without prior approval;

    4.2.11.3
transfer, lend or exchange the rental property without prior
approval;

    4.2.11.4
change the structure or purpose of the rental property without prior
approval;

    4.2.11.5
conduct illegal activities using the rental property;

    4.2.11.6
intentionally damage the rental property;

    4.2.11.7
any other conditions or situations where applicable laws and regulations
authorize the termination of the Agreement and reclamation of the rental
property;

    4.2.12
During the term of this Agreement if there are any liability and obligation
incurred due to the business and other activities of Party B, Party B shall be
responsible for all of it.

    4.2.13
Follow the Property Management Regulations of Tshinghua Science Park,
YuQuanHuiGu.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Section
5 Renewal and Expiration of Lease

    

    5.1 After
the expiration of the lease, this Agreement shall automatically terminate. If
the lessee would like to continue the use of the rental property, it shall
inquire three months in advance of the expiration of the lease. If the lessor
agrees, a new lease agreement shall be entered into. If Party A shall continue
to lease out the rental property, Party B shall have the right of first offer
under the same terms and conditions. If after the expiration of the lease, Party
B was unable to locate new rental property, it may negotiate with Party A for an
extension of the term of lease.

    

    5.2 After
the expiration of the lease, if Party B decides not to renew or Party A decides
not to accept, Party B shall leave all decorations with the rental property.
Before the check-out procedure is completed, Party B shall keep the rental
property in good repairs.

    

    Section
6 Liability in Breach

    

    6.1
During the term of this Agreement, if any Party breaches, it shall bear all
responsibilities thereto. If there is any damage done to the other non-breaching
Party, the breaching Party shall be liable for any compensation. If both Parties
have fault, then each Party shall be responsible for its own share of
responsibilities.

    6.2 If
Party A fails to provide Party B with rental property conforming to this
Agreement within the time period provided herein, Party A shall pay penalty to
Party B, which shall be a daily fee of 0.5% of the deposit fee paid by Party B.
If the breach last more than 30 days, Party B may terminate this Agreement.
Party A shall pay the penalty within seven business days and return the deposit
to Party B.

    6.3 After
this Agreement is effective, if Party B breaches, then all rent and deposits
already paid shall be forfeited. Party B shall pay rent on a timely basis and if
it fails to do so, Party B shall pay penalty to Party A, which shall be a daily
fee of 0.5% of the rent paid by Party B. If the breach last more than 30 days,
Party A may terminate this Agreement.

    6.4 If
this Agreement is terminated before its expiration, Party A may reclaim the
rental property and its facilities immediately, and all decorative items belong
to Party A.

    6.5 After
the expiration or termination of this Agreement, Party B shall remove all its
belongings from the rental property within seven business days. Otherwise, Party
B shall be deemed to renounce its title thereto and Party A shall be free to
dispose of the items. Any costs and expense or losses incurred by Party A for
this reason shall be the responsibility of Party B.

    

    Section
7 Force Majeure

    

    7.1 Force
Majeure means any circumstances which could not have been foreseen, avoided or
overcame, for example, earthquakes, typhoons, rainfalls, fires, wars and other
natural causes. The Party which suffers a force majeure event shall notify in
writing the other Party and provide details thereto and any supporting
documentation for its inability or partial ability of or delays in performance
of this Agreement with 15 business day. Such supporting documentation shall be
issued by the notary agency from where the force majeure event takes place.
According to the impact of such event, both Parties may negotiate to see if
there is a need to terminate this Agreement, or partially exempt the performance
thereof or to delay the performance. Difficulties in business management or
improper arrangements shall not be deemed a force majeure event no matter how
serious the circumstances are.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Section
8 Applicable Law and Dispute Resolution

    

    8.1 The
PRC law shall be applicable to the contract establishment, interpretation and
resolution of dispute related to the contract.

    8.2 Both
parties shall resolve their disputes related to the contract through friendly
negotiation; if parties can not settle their dispute through negotiation, either
party can make an arbitration application to Beijing Arbitration Committee to
arbitration the dispute according to relevant  rules and regulations.
The arbitration is final and is binding on both parties.

    

    Section
9 Other Agreements

    

    9.1 The
parties agree to sign a supplementary agreement to resolve other related issued
not covered by this contract. The schedules and supplementary agreements to this
contract is an integral part of this contract.

    9.2
Besides all the agreements in this contract, both parties agree to abide by the
property management agreement and management covenants; Party B shall also abide
by Party A’s regulations regarding to the management of Qinghua Huiyuan
Technology Park and Yuquanhuigu.

    9.3 Both
parties agree that principle of autonomy of will is the principle governing the
establish and performance of the contract.

    9.4 The
title of the contract is for reference only and shall not have any impact on the
understanding and interpretation of the contract.

    9.5 This
contract shall be interpreted according to its meaning in Chinese. There are
five copies of the contract with equal legal effect. Party A keeps three copies.
Party B keeps two copies.

    9.6 After
both parties sign the contract, the contract shall be effective on the day Party
B pays the rent.

    

    Party A
(seal) Beijing YuQuanHuiGu Realty Management Ltd. Co

    Authorized
Signature

    

    Party B
(Seal) Rise King Century Technology Development (Beijing) Co., Ltd.

    Authorized
Signature

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Supplementary
Agreement

    Party A:
Beijing YuQuanHuiGu Realty Management Ltd. Co.

    Party B:
Rise King Century Technology Development (Beijing) Co., Ltd.

    

    Both
parties have signed an office leasing contract on January 1, 2009. (hereinafter
“Original Leasing Contract”).Through friendly negotiation, both parties agree to
sign a supplementary agreement to the Original Leasing Contract.

    

    1. Party
B agrees to pay for the maintenance and repair of decorations already existed on
the property.

    2. This
supplementary agreement is an integral party of the Original Leasing Contract.
It shall be effective after both parties sign it. Any conflict between this
agreement and the Original Leasing Contract shall be resolved according to this
contract. The agreements in the Original Leasing Contract which are not covered
by this supplementary agreement shall continue to be effective.

    3. There
are five copies of this agreement with equal legal effect. Party A keeps three
copies. Party B keeps two copies.

    

    

    Party A
(seal) Beijing YuQuanHuiGu Realty Management Ltd. Co

    /s/
JiXiang Liu

    JiXiang
Liu

    Authorized
Signator

    January
1, 2009

    

    Party B
(Seal)Rise King Century Technology Development (Beijing) Co., Ltd.

    /s/
Handong Cheng

    Handong
Cheng

    Authorized
Signator

    January
1, 2009WARRANT EXERCISE AGREEMENT

          This
Warrant Exercise Agreement (this “Agreement” is dated as of _______,
2009 between Arrin Background, Inc., a Nevada corporation (the Company”),
and each purchaser identified on the signature pages hereto (each, including
its successors and assigns, a “Purchaser” and collectively the “Purchasers”).

          WHEREAS,
the Company has entered into a letter of intent (the “Letter of Intent”) with
Sportwall International, Inc. (“Sportwall”) that provides for the
combination of the Company and Sportwall immediately prior to the completion of
the transactions contemplated hereby (the “Merger”). Additional information
regarding the terms of the Merger and the business of Sportwall can be found in
the draft Current Report on Form 8-K, a copy of which is attached hereto as Exhibit
A, which will be filed with the SEC following the closing of the Merger.

          WHEREAS,
the Company was organized on January 14, 2009 as part of the implementation of
the Chapter 11 plan of reorganization of Arrin Systems, Inc. (“Systems”) as a
subsidiary of Systems. 

          WHEREAS,
following the confirmation of Arrin’s plan of reorganization (the “Plan”),
which was confirmed by the United States Bankruptcy Court for the Southern
District of California in (the “Court”) in December 2007, the Court ordered
that all securities issued under the Plan by Arrin and its subsidiaries,
including stock, warrants, and stock underlying warrants to be, when issued,
exempt from the registration requirements of the Securites Act and of
equivalent state securities laws as provided by Sections 1145(a)(1) and
1145(a)(2) of the United States Bankruptcy Code.

          WHEREAS,
on January 15, 2008, an aggregate of 5,000,000 warrants (the “Warrants”) were
issued to certain administrative lenders under the Plan.

          WHEREAS,
as a condition to the closing of the Merger, the Warrants shall be exercised
immediately prior to the Closing of the Merger.

          WHEREAS,
pursuant to the terms and conditions hereof, the holder of the Warrants
identified on the signature page hereto (the “Holder”) agrees to exercise the
Warrants immediately prior to the closing of the Merger.

          NOW,
THEREFORE, IN CONSIDERATION of the mutual covenants contained in this
Agreement, and for other good and valuable consideration the receipt and
adequacy of which are hereby acknowledged, the Company and each Purchaser agree
as follows:

I. EXERCISE
OF WARRANTS AND REPRESENTATIONS BY HOLDER

          1.1
Subject to the terms and conditions hereinafter set forth, the Holder hereby
agrees to exercise that number of Warrants as is set forth on the signature
page hereof, at an exercise price of $0.30 per share (the “Exercise Price”),
pursuant to the Notice of Exercise attached hereto as Exhibit B.. The
Exercise Price is payable by personal or business check or money order made
payable to “Sichenzia Ross Friedman Ference LLP, as Escrow Agent for 

Arrin
Background, Inc.” contemporaneously
with the execution and delivery of this Agreement by the Subscriber.
Subscribers may also pay the subscription amount by, wire transfer of
immediately payable funds to:

 

[WIRE TRANSFER INSTRUCTIONS INTENTIONALLY OMITTED]

           1.2
The Holder acknowledges that the shares issuable upon exercise of the Warrants
are subject to certain restrictions on transfer and sale as more fully
described in Section IV hereof and consents to the placement of a legend on any
certificate or certificates issuable upon exercise of the Warrants evidencing
such restrictions. The Holder is aware that the Company will make a notation in
its appropriate records with respect to the restrictions on transfer and sale
of such securities. The legend to be placed on each certificate shall be in
form substantially similar to the following:

“THE
SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO A LOCK-UP AGREEMENT
AND MAY ONLY BE SOLD, TRANSFERRED, ASSIGNED OR HYPOTHECATED IN ACCORDANCE WITH
THE TERMS THEROF, AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE COMPANY”

           1.3
The Holder represents that the Holder has full power and authority (corporate,
statutory and otherwise) to execute and deliver this Agreement and to exercise
the Warrants. This Agreement constitutes the legal, valid and binding
obligation of the Holder, enforceable against the Holder in accordance with its
terms.

II. REPRESENTATIONS
BY AND COVENANTS OF THE COMPANY

          The
Company hereby represents and warrants to the Holder that:

          2.1
Organization, Good Standing and Qualification. The Company is a
corporation duly organized, validly existing and in good standing under the
laws of the State of Nevada and has full corporate power and authority to
conduct its business.

          2.2
Authorization; Enforceability. The Company has all corporate right,
power and authority to enter into this Agreement and to consummate the
transactions contemplated hereby. All corporate action on the part of the
Company, its directors and stockholders necessary for the (i) authorization
execution, delivery and performance of this Agreement by the Company; and (ii)
authorization, sale, issuance and delivery of the common stock contemplated
hereby and the performance of the Company’s obligations hereunder has been
taken. This Agreement has been duly executed and delivered by the Company and
constitutes a legal, valid and binding obligation of the Company, enforceable
against the Company in accordance with its terms, subject to laws of general
application relating to 

bankruptcy,
insolvency and the relief of debtors and rules of law governing specific
performance, injunctive relief or other equitable remedies, and to limitations
of public policy. The common stock when issued and fully paid for in accordance
with the terms of this Agreement, will be validly issued, fully paid and
nonassessable. The issuance of the common stock contemplated hereby will not
give rise to any preemptive rights or rights of first refusal on behalf of any
person which have not been waived in connection with this offering.

III. TERMS
OF EXERCISE

          3.1
Pending the exercise of the Warrants, which shall occur immediately upon the
closing of the Merger, all funds paid hereunder (the “Exercise Amounts”)
shall be deposited with Sichenzia Ross Friedman Ference. 

          3.2
Certificates representing the common stock issuable to the Holder pursuant to
this Agreement will be prepared for delivery to the Holder within 15 business
days following the closing of the Merger. The Holder hereby authorizes and
directs the Company to deliver the certificates representing the common stock
purchased by the Holder pursuant to this Agreement directly to the Holder’s
residential or business address indicated on the signature page hereto. 

IV. LOCK-UP

          4.1
The Holder agrees that it may not sell, contract to sell, pledge, hypothecate,
transfer, assign or in any other manner dispose of the shares issued upon
exercise of the Warrants for a period of ninety (90) days from the closing of
the Merger.

          4.2
Thereafter, the Holder shall have the right, but not the obligation, to sell,
contract to sell, pledge, hypothecate or otherwise dispose of an amount of
shares of the Company’s common stock equal to twenty five percent (25%) of
their respective holdings of the Company’s common stock every ninety (90) days
until such time as all of the shares underlying the Warrants held by the Holder
have been sold, pledged, hypothecated or otherwise disposed of..

V. MISCALLANEOUS

          5.1
Any notice or other communication given hereunder shall be deemed sufficient if
in writing and sent by registered or certified mail, return receipt requested,
or delivered by hand against written receipt therefor, addressed as follows:

if to the
Company, to it at:

6986 La Jolla
Blvd., Suite 208

La Jolla, California 92037

With a copy
to:

Sichenzia Ross
Friedman Ference LLP

61 Broadway

New York, NY 10006

Attn: Sean F. Reid, Esq.

if to the
Subscriber, to the Subscriber’s address indicated on the signature page of this
Agreement.

          5.2
Except as otherwise provided herein, this Agreement shall not be changed,
modified or amended except by a writing signed by the parties to be charged,
and this Agreement may not be discharged except by performance in accordance
with its terms or by a writing signed by the party to be charged.

          5.3
This Agreement shall be binding upon and inure to the benefit of the parties
hereto and to their respective heirs, legal representatives, successors and
assigns. This Agreement sets forth the entire agreement and understanding
between the parties as to the subject matter hereof and merges and supersedes
all prior discussions, agreements and understandings of any and every nature
among them.

          5.4
Upon the execution and delivery of this Agreement by the Holder, this Agreement
shall become a binding obligation of the Holder with respect to the exercise of
the Warrants as herein provided. 

          5.5
NOTWITHSTANDING THE PLACE WHERE THIS AGREEMENT MAY BE EXECUTED BY ANY OF THE
PARTIES HERETO, THE PARTIES EXPRESSLY AGREE THAT ALL THE TERMS AND PROVISIONS
HEREOF SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE
STATE OF NEW YORK WITHOUT REGARD TO SUCH STATE’S PRINCIPLES OF CONFLICTS OF
LAW. THE PARTIES HEREBY IRREVOCABLY CONSENT TO THE JURISDICTION OF THE COURTS
OF THE STATE OF NEW YORK AND THE FEDERAL DISTRICT COURTS SITUATED THEREIN AND
AGREE TO SAID VENUE. 

          5.6
In order to discourage frivolous claims the parties agree that unless a
claimant in any proceeding arising out of this Agreement succeeds in
establishing his claim and recovering a judgment against another party
(regardless of whether such claimant succeeds against one of the other parties
to the action), then the other party shall be entitled to recover from such
claimant all of its/their reasonable legal costs and expenses relating to such
proceeding and/or incurred in preparation therefor.

          5.7
The holding of any provision of this Agreement to be invalid or unenforceable
by a court of competent jurisdiction shall not affect any other provision of
this Agreement, which shall remain in full force and effect. If any provision
of this Agreement shall be declared by a court of competent jurisdiction to be
invalid, illegal or incapable of being enforced in whole or in part, such
provision shall be interpreted so as to remain enforceable to 

the maximum
extent permissible consistent with applicable law and the remaining conditions
and provisions or portions thereof shall nevertheless remain in full force and
effect and enforceable to the extent they are valid, legal and enforceable, and
no provisions shall be deemed dependent upon any other covenant or provision
unless so expressed herein.

          5.8
It is agreed that a waiver by either party of a breach of any provision of this
Agreement shall not operate, or be construed, as a waiver of any subsequent
breach by that same party.

          5.9
All of the representations and warranties contained in this Warrant Exercise
Agreement shall survive execution and delivery of this Warrant Exercise
Agreement.

          5.10
The parties agree to execute and deliver all such further documents, agreements
and instruments and take such other and further action as may be necessary or
appropriate to carry out the purposes and intent of this Agreement.

          5.11
This Agreement may be executed in two or more counterparts each of which shall
be deemed an original, but all of which shall together constitute one and the
same instrument.

          5.12
Nothing in this Agreement shall create or be deemed to create any rights in any
person or entity not a party to this Agreement.

          IN
WITNESS WHEREOF, the undersigned have executed this Warrant Exercise Agreement
as of _____________________, 2009.

WARRANT EXERCISE
AGREEMENT COUNTERPART SIGNATURE PAGE

[INDIVIDUAL]

          If
the prospective investor is an individual, please execute this Agreement below.

	
 

	 

	
Name of individual (Please type or print)

	
 

	
 

	
 

	
By:

	
 

	
 

	
 

	 

	
 

	
Name:

	
 

	
 

	
 

	 

	
 

	
 

	
 

	
And (if
  applicable)

	
 

	
 

	
 

	
 

	
By:

	
 

	
 

	
 

	 

	
 

	
Name:

	
 

	
 

	
 

	 

	
 

HOW SHARES
WILL BE HELD:

	
 

	
 

	
 

	
 

	
 

	
Individually

	 

	
 

	
 

	
JTWROS

	 

	
 

	
 

	
TBTE

	 

	
 

	
 

	
 

	
Number of
  Shares

	
Amount of
  check enclosed:

	
Subscribed
  for: ______________________

	
$__________________________

*If investment
is taken in joint names, both must sign.

[ACCEPTANCE PAGE
FOR WARRANT EXERCISE AGREEMENT]

          Agreed
to and accepted as of ____________________, 2009.

	
 

	
 

	
 

	
 

	
Arrin Background, Inc.

	
 

	
 

	
 

	
By:

	
 

	
 

	
 

	 

	
 

	
 

	
Name:
  Catherine Lamberti

	
 

	
 

	
Title: Chief
  Executive Officer

CERTIFICATE OF SIGNATORY

(To be completed if Holder is an entity)

I,
_______________________________________________, am the
_________________________________________________ of
__________________________________________ (the “Entity”).

I certify that
I am empowered and duly authorized by the Entity to execute and carry out the
terms of the Warrant Exercise Agreement and to purchase and hold the shares,
and certify further that the Warrant Exercise Agreement has been duly and
validly executed on behalf of the Entity and constitutes a legal and binding
obligation of the Entity.

IN WITNESS
WHEREOF, I have set my hand this ________ day of _________________, 2009

	
 

	
 

	
 

	 

	
 

	
(Signature)

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00160-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00160-of-00352.parquet"}]]