Document:

FIRST
      AMENDMENT TO LOAN AND SECURITY AGREEMENT

    

    THIS
      FIRST AMENDMENT TO LOAN AND SECURITY AGREEMENT
      (this
“Amendment”)
      is
      made as of October 4, 2006 between Palm Beach Multi-Strategy Fund, L.P.
      (“Lender”),
      whose
      corporate address is c/o Links Business Capital L.P., P.O. Box 833519, Nice
      Cars
      Funding LLC, a Delaware limited liability company (the “Borrower”),
      whose
      chief executive office is located at 100 Crescent Court, 7th
      Floor,
      Dallas, Texas 75201 and The Bank of New York, as collateral agent for Lender
      (in
      such capacity, the “Collateral
      Agent”).
      Capitalized terms not expressly defined herein shall have the meanings ascribed
      to them in the Loan Agreement (as hereinafter defined).

    

    RECITALS:

    

    WHEREAS,
      Lender,
      Borrower and Collateral Agent are parties to that certain Loan and Security
      Agreement, dated as of September 28, 2006 (the “Loan
      Agreement”),
      pursuant to which Lender agreed to make loans to Borrowers, in an aggregate
      principal amount of up to $75,000,000;

    

    WHEREAS,
      Section
      7.1 of the Loan Agreement sets forth certain Events of Default under the Loan
      Agreement and Section 2.11 of the Loan Agreement sets forth the priority of
      distributions with respect to funds on deposit in Collection
      Account;

    

    WHEREAS,
      Lender,
      Borrower and Collateral Agent now desire to mutually amend and modify the Loan
      Agreement as more particularly set forth herein to provide for an additional
      Event of Default and potential recipient of funds on deposit in the Collection
      Account;

    

    NOW,
      THEREFORE,
      for and
      in consideration of the premises and mutual agreements contained herein, the
      payment of Ten and No/100 Dollars ($10.00) and other good and valuable
      consideration, the receipt and sufficiency of which are hereby acknowledged,
      the
      parties hereto agree that the Loan Agreement is amended as follows:

    

    1. Additional
      Event of Default.
      The
      following paragraph is hereby added to Section 7.1 of Loan
      Agreement:

    

    (r) A
      default
      by Manchester or NCAC with respect to any promissory note or other obligation
      to
      make payment to Raymond Lyle or Victoria Lyle pursuant to (i) the Share Purchase
      and Exchange Agreement, dated September 28, 2006, among Manchester, NCAC, Nice
      Cars Capital Acceptance Corporation, a Georgia corporation (“NCCAC”)
      and
      the shareholders of NCCAC and (ii) the Share Purchase and Exchange Agreement,
      dated September 28, 2006, among Manchester, NCOC, Nice Cars, Inc., a Georgia
      corporation (“NCI”)
      and
      the shareholders of NCI.

    

    2. Additional
      Recipient of Collection Account Funds.
      The
      following paragraph is hereby inserted into Section 2.11 of the Loan Agreement
      following the paragraph beginning with “Seventh”:

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Eighth,
      as
      Lender may direct the Collateral Agent in writing from time to time, to the
      Persons entitled thereto, any amount which Lender determines is outstanding
      in
      respect of any note or other obligation owed by Manchester, NCAC or any of
      their
      respective Affiliates to Ray Lyles or Victoria Lyles; and

    

    In
      connection with this revision (i) the “and” currently appearing at the end of
      the paragraph beginning with “Seventh”
is
      hereby deleted, (ii) the paragraph currently beginning with “Eighth”
shall
      now being with “Ninth”
and
      (iii) the reference to “eighth”
in
      the
      final paragraph of Section 2.11 of the Loan Agreement shall instead reference
      “ninth.”

    

    3. All
      terms, conditions and provisions of the Loan Agreement and the other Loan
      Documents shall be and remain in full force and effect as therein written,
      as
      expressly amended by this Amendment.

    

    4. Borrower
      covenants and warrants that there are no defenses, counterclaims or offsets
      to
      any of the Loan Documents claimed by or known to Borrowers at this date and
      that
      the Loan Documents, as amended hereby, are in full force and effect, and
      enforceable in accordance with their respective terms.

    

    5. This
      Amendment shall be binding upon and inure to the benefit of the parties hereto
      and their respective successors and assigns. This Amendment may be amended
      or
      modified from time to time but only by a written instrument executed by Lender,
      Borrower and Collateral Agent.

    

    6. If
      any
      provision of this Amendment or the application thereof to any person or
      circumstance shall be invalid or unenforceable to any extent, the remainder
      of
      this Amendment and the application of such provisions to other persons or
      circumstances shall not be affected thereby and shall be enforced to the
      greatest extent permitted by law.

    

    7. This
      Amendment may be executed in multiple counterparts, each of which shall
      constitute an original, but all of which together shall constitute but one
      instrument.

    

    8. This
      Amendment shall be governed by and construed in accordance with the laws of
      the
      State of New York.

    

    9. In
      the
      event of any conflict or inconsistency between the provisions of this Amendment
      and the provisions of the Loan Agreement, the provisions of this Amendment
      shall
      govern and control to the extent of such conflict or inconsistency.

    

    [SIGNATURE
      PAGE FOLLOWS]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties have executed this First Amendment to Loan and
      Security Agreement on the day and year first set forth above.

     

    
      	 	 	 
	 	BORROWER:
	 	 
	 	
              NICE
                CARS FUNDING LLC,

              a Delaware limited liability company

            
	 
 	 
 	 
 
	 	By:  	
              Nice
                Cars Acceptance Acquisition Co, Inc., 

              its
                Member

            
	 	
               

              By: /s/ Richard Gaines

            
	 	
              
                

              

              Name:
                Richard Gaines

            
	 	Title:  
              Richard Gaines

    

     

    
      	 	 	 
	 	
              LENDER:

            
	 	 
	 	
              PALM BEACH MULTI-STRATEGY FUND, L.P.

            
	 	 	 
	 	By: 	
              PALM
                BEACH LINKS CAPITAL, L.P.,

              its general partner

            
	 	 	 
	 	 	By: PBL
              HOLDINGS, LLC,
       its general
              partner
	 	 	 
	 
 	 
 	 
By:
              B.
              Scott Olson
	 	
              
                
Managing
                Director

            
	 	 
	 	By: Thomas L. Gervais
	 	
              
                

              

              Managing
                Director

            

    

     

    
      	 	 	 
	 	
              BANK
                OF NEW YORK

              as
                Collateral Agent

            
	 
 	 
 	 
 
	 	By:  	/s/
              Stephen C. Jerard
	 	
              
Name:
              Stephen C. Jerard
	 	Title:  
              Vice PresidentSHARE
      PURCHASE AND EXCHANGE AGREEMENT

    

    MANCHESTER
      INC.

    

    NICE
      CARS OPERATIONS ACQUISITIONCO, INC.

    

    NICE
      CARS, INC.

    

    SHAREHOLDERS
      OF NICE
      CARS, INC.

    

    THIS
      SHARE PURCHASE AND EXCHANGE AGREEMENT (this "Agreement"), dated October 4,
      2006,
      is entered into by and between Manchester Inc., a Nevada corporation having
      its
      principal office at 100 Crescent Court, 7th
      Floor,
      Dallas, Texas 75201 (the “Parent”), Nice
      Cars
      Operations AcquisitionCo, Inc.,
      a
      Delaware corporation and wholly owned subsidiary of the Parent (the “Company”),
Nice
      Cars,
      Inc.
      (“NCI”) a Georgia Corporation having its principal office at 990 Battlefield
      Parkway, Fort Oglethorpe, Georgia 30742 and the undersigned shareholders of
      NCI
      (each a “Shareholder,” and collectively, the “Shareholders”). 

    

    WITNESSETH
      :

    

    WHEREAS,
      the Parent is the sole owner of all of the issued and outstanding shares of
      the
      capital stock of the Company;

    

    WHEREAS,
      the Company desires to acquire all of the issued and outstanding shares of
      NCI
      (the “NCI Shares”) from the Shareholders, and the Shareholders wish to sell the
      NCI Shares;

    

    WHEREAS,
      an Affiliate of the Company (“NCCAC
      Acquisition Co.”)
      intends
      to acquire all of the issued and outstanding shares of Nice
      Cars
      Capital Acceptance Corporation,
      a
      Georgia Corporation (“NCCAC”), simultaneously with the acquisition of the NCI
      Shares;

    

    WHEREAS,
      the parties hereto intend,
      by approving resolutions authorizing this Agreement, to adopt this Agreement
      and
      the Plan and Agreement of Merger of Foreign Corporation into Delaware
      Corporation (the “Merger Agreement”), to be executed and filed as of even date
      of the Closing (the “Closing Date”) as contemplated hereto, as a plan of
      reorganization within the meaning of Section 368(a) of the Internal Revenue
      Code
      of 1986, as amended (the "Code"), and the regulations promulgated
      thereunder;

    

    NOW,
      THEREFORE, in consideration of the covenants, promises and representations
      set
      forth herein, and for other good and valuable consideration, the receipt and
      sufficiency of which is hereby acknowledged, and intending to be legally bound
      hereby, the parties agree as follows:

     

    
      _________________

      Information
        marked with the notation [ * ] has been omitted from the exhibits filed with
        the
        U.S. Securities and Exchange Commission (the “Commission”) pursuant to a request
        for confidential treatment submitted to the Commission on the date of this
        filing.  A complete copy of these exhibits has been provided to the
        Commission.

    

    
      
        
        

      

      
        
        

        
          

        

      

       

    

    

    1. Share
      Purchase and Exchange. Subject to the terms and conditions stated herein, at
      the
      Closing (as defined below), (a) the Shareholders shall assign, transfer, convey,
      and deliver to the Company, and the Company shall accept and acquire,
      the NCI Shares and any and all rights in such shares to which such Shareholder
      is entitled, and by so doing, each Shareholder will be deemed to have assigned
      all of his or her right, title and interest in and to all such NCI Shares to
      the
      Company; and (b) in exchange for the NCI Shares, the Company shall transfer
      to
      the Shareholders, and the Shareholders shall accept from the Company, (i)
      618,750 shares of the Parent’s common stock (the “Exchange Shares”) on the date
      of the Closing; and (ii) a payment of two million four hundred and seventy-five
      thousand dollars ($2,475,000) by wire transfer to be made on the Closing Date
      to
      an account designated by the Shareholders. If one or more stock certificates
      representing the NCI Shares have been issued, such conveyance of the NCI Shares
      shall be evidenced by such stock certificate(s), duly endorsed to the Company
      or
      accompanied by stock powers duly executed to the order of the Company, or other
      instruments of transfer in form and substance reasonably satisfactory to the
      Company. As additional inducement to the Shareholders, the Parent and the
      Company shall at Closing issue to the Shareholders the S Tax Reimbursement
      Note
      (as defined below) provided for in the NCCAC Agreement (as defined below) in
      the
      form attached to the NCCAC Agreement as Exhibit
      B
      as
      described in Section 8(a) herein, and the Shareholder Note (the “Shareholder
      Note”) provided for in the NCCAC Agreement in the form attached thereto as
Exhibit
      C
      with
      respect to repayment of Shareholder loans to NCCAC and NCI outstanding as of
      the
      Closing Date.

    

    2. Closing
      and Deliveries. 

    

    2.1 The
      Closing. The closing (the "Closing") of the transactions contemplated hereunder
      shall take place simultaneously with the execution of this Agreement at such
      place as the parties hereto may agree, provided, however, time is of the essence
      and the Closing shall not be later than ten (10) days from the date of this
      Agreement.

    

    2.2 Employment
      Agreements. Simultaneously with the Closing, the Company will enter into
      employment agreements with those individuals listed on Exhibit
      D
      hereto,
      substantially in the form of the employment agreements attached
      hereto.

    

    2.3 Payments
      to the Lyles. At the Closing, the Company shall take such actions as are
      necessary and proper to ensure that any and all amounts due and owed by NCI
      pursuant to those notes executed with Raymond Lyle and his spouse and three
      children (the “Lyles”) and which are listed on Exhibit
      E
      hereto
      shall be paid at Closing by the delivery of a promissory note by NCI to the
      Lyles.

    

    2.4 Release
      of the Lyles. The Company shall promptly after Closing take such actions as
      are
      necessary and proper to ensure that the Lyles shall be released from those
      personal guaranties or other obligations ("Personal Obligations") relating
      to
      NCI that such individuals may have and which are listed on Exhibit
      F
      provided, however, that no duplicate payments shall be made in respect of any
      Personal Obligations agreed to be paid under the acquisition of NCCAC as of
      even
      date herewith. In the event the Company is unable to obtain the release of
      the
      Lyles from any Personal Obligations, the Company shall fund an escrow account
      or
      obtain a letter of credit in an amount equal to the sum of all unreleased
      Personal Obligations, and the funds in the escrow account or such letter of
      credit will be used to satisfy the unreleased Personal Obligations as they
      become due. The terms and provisions of the escrow account or such letter of
      credit shall be mutually agreed upon by the Company and Shareholders. Parent
      and
      Company hereby covenant and agree that any lease for premises occupied by NCI
      which is either in the name of Ray Lyle or which is personally guaranteed by
      Ray
      Lyle shall not be amended, modified, renewed or extended in any manner unless
      and until Ray Lyle is removed from any and all personal obligations under said
      lease.

    
      
        
        

      

      
        2

        
          

        

      

       

    

    

    2.5 Merger
      of
      NCI into the Company. At the Closing, the officers of NCI and the Company shall
      execute, deliver and file with the Secretary of State of the State of Delaware
      the Merger
      Agreement,
      attached hereto as Annex A, and shall take any and all further actions
      reasonably necessary to cause the merger of NCI into the Company such that
      NCI
      shall thereafter cease to exist and all business previously conducted by NCI
      shall thereafter be conducted by the Company. Parent and Company acknowledge
      that an important consideration to the Shareholders for this transaction is
      that
      the receipt of the Parent's stock by the Shareholders shall be deemed to be
      a
      tax free reorganization under Section 368(a)(2)(D) of the Code and Parent and
      Company agree not to take any actions which would cause this transaction not
      to
      be a reorganization under Section 368(a)(2)(D) of the Code. In addition, Parent
      and Company agree not to make any tax elections under Section 338 of the Code
      which would have any adverse or detrimental impact on the
      Shareholders.

    

    2.6 NCCAC
      Agreement. Simultaneous with the Closing, the Parent, Nice Cars Acceptance
      AcquisitionCo, Inc., NCCAC and the Shareholders will have executed that certain
      Stock Purchase and Exchange Agreement of even date herewith ("NCCAC Agreement"),
      and the Closing shall have taken place pursuant to the NCCAC
      Agreement.

    

    2.7 Opinion
      of Company’s Counsel. Simultaneously with Closing, the Company and the Parent
      shall deliver an opinion letter from counsel to the Company and Parent,
      substantially in the form attached hereto as Exhibit
      G.
      

    

    2.8 Opinion
      of NCI. Simultaneously with Closing, NCI shall deliver an opinion letter from
      counsel to NCI, substantially in the form attached hereto as Exhibit
      H.

    

    3.
       Representations
      and Warranties; Indemnification.

    

    3.1
       Representations
      and Warranties of the Shareholders. As an inducement to the Company to enter
      into this Agreement and to consummate the transactions contemplated herein,
      the
      Shareholders represent and warrant to the Company as follows, all of which
      are
      true and complete as of the date of this Agreement and as of the Closing, except
      to the extent set forth on a disclosure schedule attached hereto referencing
      the
      Section and paragraph number of the provision herein corresponding to such
      exception:

    
      
        
        

      

      
        3

        
          

        

      

       

    

    

    (a) Authority.
      Each of the Shareholders has the right, power, authority and capacity to execute
      and deliver this Agreement, to consummate the transactions contemplated hereby
      and to perform his obligations under this Agreement. This Agreement constitutes
      the legal, valid and binding obligations of the Shareholders, enforceable
      against each Shareholder in accordance with the terms hereof.

    

    (b) Ownership.
      The Shareholders are the sole record and beneficial owners of all of the issued
      and outstanding NCI Shares, have good and marketable title to the NCI Shares,
      free and clear of all Encumbrances (as hereinafter defined), and have full
      legal
      right and power to sell, transfer and deliver the NCI Shares to the Company
      in
      accordance with this Agreement. "Encumbrances" shall mean any liens, pledges,
      hypothecations, charges, adverse claims, options, preferential arrangements
      or
      restrictions of any kind, including, without limitation, any restriction of
      the
      use, voting, transfer, receipt of income or other exercise of any attributes
      of
      ownership, other than as provided under applicable securities laws. Upon the
      execution and delivery of this Agreement, the Company will receive good and
      marketable title to the NCI Shares, free and clear of all Encumbrances. There
      are no stockholders' agreements, voting trust, proxies, options, warrants,
      convertible instruments, rights of first refusal or any other agreements or
      understandings with respect to the NCI Shares. Except
      as
      contemplated by this Agreement, there are no preemptive or similar rights to
      purchase or otherwise acquire shares of the capital stock of NCI pursuant to
      any
      provision of law, the Certificate of Incorporation or By-Laws (in each case,
      as
      amended and in effect on the date hereof), or any agreement to which any
      Shareholder or NCI is a party.

    

    (c) No
      Conflict. Except as set forth on Exhibit
      I,
      none of
      the execution, delivery, or performance of this Agreement, or the consummation
      of the transactions contemplated hereby, conflicts or will conflict with, or
      (with or without notice or lapse of time, or both) will result in a termination,
      breach or violation of (i) any instrument, contract or agreement to which any
      of
      the Shareholders are a party or by which he or she is bound, or to which the
      NCI
      Shares are subject; or (ii) any federal, state, local or foreign law, ordinance,
      judgment, decree, order, statute, or regulation, or that of any other
      governmental body or authority, applicable to the Shareholders or the NCI
      Shares.

    

    (d) No
      Consent. Except as set forth on Exhibit
      J,
      no
      consent, approval, authorization or order of, or any filing or declaration
      with
      any governmental authority or any other person, is required for the consummation
      by the Shareholders of any of the transactions contemplated by the Shareholders
      under this Agreement.

    

    (e) Own
      Account. Each Shareholder is acquiring the Exchange Shares for his or her own
      account as principal, and not as a nominee or agent; for investment purposes
      only, and not with a view to, or for, resale, distribution or fractionalization
      thereof in whole or in part; and no other person has a direct or indirect
      beneficial interest in such Exchange Shares or any portion thereof. No
      Shareholder has any contract, undertaking, agreement or arrangement with any
      person to sell, transfer or grant participations in the Exchange Shares to
      such
      person or to any third person. 

    
      
        
        

      

      
        4

        
          

        

      

       

    

    

    (f) No
      Advertisement. The Shareholders are not acquiring the Exchange Shares as a
      result of or subsequent to any advertisement, article, notice or other
      communication published in any newspaper, magazine or similar media or broadcast
      over television or radio, or presented at any seminar or meeting, or pursuant
      to
      any solicitation of a subscription by a person not previously known to the
      Shareholders in connection with investment securities generally.

    

    (g) No
      Obligation to Register. Except as otherwise provided in this Agreement, the
      Shareholders understand that neither the Company nor the Parent is under any
      obligation to register the Exchange Shares under the Securities Act of 1933,
      as
      amended (the "Securities Act"), or to assist the Shareholders in complying
      with
      the Securities Act or the securities laws of any state of the United States
      or
      of any foreign jurisdiction. The Shareholders understand
      that the Exchange Shares must be held indefinitely unless such Exchange Shares
      are registered under the Securities
      Act
      or an
      exemption from registration is available. Each Shareholder acknowledges that
      such person is familiar with Rule 144 of the rules and regulations of the
      Commission, as amended, promulgated pursuant to the Securities
      Act
      (“Rule
      144”),
      and
      that each Shareholder has been advised that Rule 144 permits resales only under
      certain circumstances. The Shareholders understand that to the extent that
      Rule
      144 is not available, such Shareholder will be unable to sell any Exchange
      Shares without either registration under the Securities
      Act
      or
      the existence of another exemption from such registration
      requirement.

    

    (h) Experience.
      Each of the Shareholders is (1) experienced in making investments of the kind
      described in this Agreement and the related documents, (2) able, by reason
      of
      the business and financial experience of its officers (if an entity) and
      professional advisors (who are not affiliated with or compensated in any way
      by
      the Company, the Parent or any of their affiliates or selling agents), to
      protect its own interests in connection with the transactions described in
      this
      Agreement, and the related documents, and (3) able to afford the entire loss
      of
      its investment in the Exchange Shares.

    

    (i) Exemption
      from Registration. Each of the Shareholders acknowledges his understanding
      that
      the offering and sale of Exchange Shares is intended to be exempt from
      registration under the Securities Act. In furtherance thereof, in addition
      to
      the other representations and warranties of the Shareholders made herein, the
      Shareholders further represent and warrant to and agree with each of the Company
      and the Parent and their affiliates as follows:

    

    (1)
       Each
      Shareholder realizes that the basis for the exemption may not be present if,
      notwithstanding such representations, such Shareholder is acquiring the Exchange
      Shares for a fixed or determinable period in the future, or for a market rise,
      or for sale if the market does not rise. No Shareholder has any such
      intention.

    
      
        
        

      

      
        5

        
          

        

      

       

    

    

    (2) Each
      Shareholder has adequate means for providing for his current needs and personal
      contingencies and has no need for liquidity with respect to the acquisition
      of
      the Exchange Shares.

    

    (3) Each
      Shareholder has such knowledge and experience in financial and business matters
      as to be capable of evaluating the merits and risks of the prospective
      investment in the Exchange Shares.

    

    (4) Each
      Shareholder has been provided an opportunity for a reasonable period of time
      prior to the date hereof to obtain additional information concerning the
      offering of the Exchange Shares, the Company, the Parent, and all other
      information to the extent the Company or the Parent possesses such information
      or can acquire it without unreasonable effort or expense.

    

    (5) Each
      Shareholder has carefully reviewed all of the Parent's filings under the
      Securities Exchange Act of 1934, as amended (the "Exchange Act").

    

    (j) Accredited
      Investor. Each Shareholder is an "accredited investor" as that term is defined
      in Rule 501 of the General Rules and Regulations under the Securities Act by
      reason of Rule 501(a)(3).

    

    (k)
       Risk.
      Each Shareholder understands that an investment in the Exchange Shares is a
      speculative investment which involves a high degree of risk and the potential
      loss of his entire investment.

    

    (l)
       Net
      Worth. Each Shareholder’s overall commitment to investments which are not
      readily marketable is not disproportionate to such Shareholder’s net worth, and
      the acquisition of the Exchange Shares will not cause such overall commitment
      to
      become excessive.

    

    (m) SEC
      Documents. Each Shareholder has received all documents, records, books and
      other
      information pertaining to Shareholder’s investment in the Company that has been
      requested by such Shareholder. Each Shareholder has reviewed or received copies
      of all reports and other documents filed by the Parent with the Securities
      and
      Exchange Commission (the "SEC Documents").

    

    (n)
       Reliance.
      Other than as set forth herein, the Shareholders are not relying upon any other
      information, representation or warranty by the Company or the Parent, or any
      officer, director, stockholder, agent or representative of the Company or the
      Parent in determining to invest in the Exchange Shares. Each Shareholder has
      consulted, to the extent deemed appropriate by such Shareholder, with such
      Shareholder’s own advisers as to the financial, tax, legal and related matters
      concerning an investment in the Exchange Shares and on that basis believes
      that
      his or its investment in the Exchange Shares is suitable and appropriate for
      such Shareholder.

    
      
        
        

      

      
        6

        
          

        

      

       

    

     

    (o)
       No
      Governmental Review. Each Shareholder is aware that no federal or state agency
      has (1) made any finding or determination as to the fairness of this investment,
      (2) made any recommendation or endorsement of the Exchange Shares, the Company,
      or the Parent or (3) guaranteed or insured any investment in the Exchange Shares
      or any investment made by the Company or the Parent.

    

    (p)
       Price.
      Each Shareholder understands that the price of the Exchange Shares offered
      hereby bear no relation to the assets, book value or net worth of the Parent
      and
      were determined arbitrarily by the Parent. Each Shareholder further understands
      that there is a substantial risk of further dilution on his or its investment
      in
      the Parent.

    

    (q)
       Full
      Disclosure. No representation or warranty made by any Shareholder to the Company
      and/or the Parent in this Agreement omits to state a material fact necessary
      to
      make the statements herein, in light of the circumstances in which they were
      made, not misleading. There is no fact known to any Shareholder that has
      specific application to the NCI Shares and that materially adversely affects
      or,
      as far as can be reasonably foreseen, materially threatens the NCI Shares that
      has not been set forth in this Agreement.

    

    (r) Compliance
      Undertakings. Each Shareholder hereby
      acknowledges that he/she is acquainted with the requirements of Section 16
      and
      Section 13(d) of the Securities Exchange Act of 1934 and the rules and
      regulations issued thereunder. Each
      Shareholder understands
      that, as a result of its acquisition of Shares, and in order to comply with
      Section 16 and Section 13(d) and the rules and regulations issued thereunder,
      each Shareholder
      may
      be
      required to file a report on Form 3 and a Schedule 13D and each such Shareholder
      hereby undertakes and agrees to make such filing in a timely manner if so
      required.

    

    3.2
       Representations
      and Warranties of the Parent. As an inducement to the Shareholders to enter
      into
      this Agreement and to consummate the transactions contemplated herein, the
      Parent represents and warrants to the Shareholders as follows, all of which
      are
      true and complete as of the date of this Agreement and as of the Closing, except
      to the extent set forth on a disclosure schedule attached hereto referencing
      the
      Section and paragraph number of the provision herein corresponding to such
      exception:

    

    (a)
       Organization
      of the Parent. The Parent is a corporation duly organized and validly existing
      and in good standing under the laws of the State of Nevada, and has all
      requisite power and authority to own, lease and operate its properties and
      to
      carry on its business as now being conducted. The Parent is duly qualified
      as a
      foreign corporation to do business and is in good standing in every jurisdiction
      in which the nature of the business conducted or property owned by it makes
      such
      qualification necessary, other than those in which the failure so to qualify
      would not have a material adverse effect on the business, operations,
      properties, prospects or condition (financial or otherwise) of the Parent.
      Parent has, prior to the execution of this Agreement, delivered to the
      Shareholders true and complete copies of its (i) Certificate of Incorporation
      with all amendments thereto; and (ii) By-laws, in each case as in effect on
      the
      date of Closing. Parent is not in default under or in violation of any provision
      of its Certificate of Incorporation or By-laws. 

    
      
        
        

      

      
        7

        
          

        

      

       

    

    

    (b)
       Authority.
      (1) The Parent has the requisite corporate power and authority to enter into
      and
      perform its obligations under this Agreement and to issue the Exchange Shares,
      the S Tax Reimbursement Note and the Shareholder Note; (2) the execution and
      delivery of this Agreement by the Parent and the consummation by it of the
      transactions contemplated hereby and thereby have been duly authorized by all
      necessary corporate action and no further consent or authorization of the Parent
      or its Board of Directors or stockholders is required; and (3) this Agreement,
      the S Tax Reimbursement Note and the Shareholder Note have been duly executed
      and delivered by the Parent and constitutes a valid and binding obligation
      of
      the Parent enforceable against the Parent in accordance with its terms, except
      as such enforceability may be limited by applicable bankruptcy, insolvency,
      or
      similar laws relating to, or affecting generally the enforcement of, creditors'
      rights and remedies or by other equitable principles of general
      application.

    

    (c)
       SEC
      Documents. To the best of Parent's knowledge, the Parent has not provided to
      the
      Shareholders any information that, according to applicable law, rule or
      regulation, should have been disclosed publicly prior to the date hereof by
      the
      Parent, but which has not been so disclosed. As of their respective dates,
      the
      SEC Documents complied in all material respects with the requirements of the
      Securities Act or the Exchange Act, as the case may be, and other federal,
      state
      and local laws, rules and regulations applicable to such SEC Documents, and
      none
      of the SEC Documents contained any untrue statement of a material fact or
      omitted to state a material fact required to be stated therein or necessary
      in
      order to make the statements therein, in light of the circumstances under which
      they were made, not misleading. The financial statements of the Parent included
      in the SEC Documents comply as to form and substance in all material respects
      with applicable accounting requirements and the published rules and regulations
      of the Securities and Exchange Commission (the "SEC") or other applicable rules
      and regulations with respect thereto. Such financial statements have been
      prepared in accordance with generally accepted accounting principles applied
      on
      a consistent basis during the periods involved (except (1) as may be otherwise
      indicated in such financial statements or the notes thereto or (2) in the case
      of unaudited interim statements, to the extent they may not include footnotes
      or
      may be condensed or summary statements) and fairly present in all material
      respects the financial position of the Parent as of the dates thereof and the
      results of operations and cash flows for the periods then ended (subject, in
      the
      case of unaudited statements, to normal year-end audit
      adjustments).

    

    (d)
       Exemption
      from Registration; Valid Issuances. When issued and transferred as herein
      provided, the Exchange Shares shall be duly authorized, validly issued, fully
      paid, and nonassessable. Neither the sales of the Exchange Shares pursuant
      to,
      nor the Parent's performance of its obligations under, this Agreement shall
      (1)
      result in the creation or imposition of any liens, charges, claims or other
      encumbrances upon the Exchange Shares or any of the assets of the Parent, or
      (2)
      entitle the other holders of the common stock of the Parent to preemptive or
      other rights to subscribe to or acquire the Exchange Shares or other securities
      of the Parent. 

    
      
        
        

      

      
        8

        
          

        

      

       

    

    

    (e)
       No
      General Solicitation or Advertising in Regard to this Transaction. Neither
      the
      Parent nor any of its affiliates nor any person acting on its or their behalf
      (1) has conducted or will conduct any general solicitation (as that term is
      used
      in Rule 502(c) of Regulation D) or general advertising with respect to any
      of
      the Exchange Shares, or (2) made any offers or sales of any security or
      solicited any offers to buy any security under any circumstances that would
      require registration of the Exchange Shares under the Securities
      Act.

    

    (f)
       No
      Conflicts. The execution, delivery and performance of this Agreement by the
      Parent and the consummation by the Parent of the transactions contemplated
      hereby, including without limitation the issuance of the Exchange Shares, do
      not
      and will not (1) result in a violation of the Certificate of Incorporation
      or
      By-Laws of the Parent, or (2) conflict with, or constitute a material default
      (or an event that with notice or lapse of time or both would become a material
      default) under, or give to others any rights of termination, amendment,
      acceleration or cancellation of, any material agreement, indenture, instrument
      or any "lock-up" or similar provision of any underwriting or similar agreement
      to which the Parent is a party, or (3) result in a violation of any federal,
      state, local or foreign law, rule, regulation, order, judgment or decree
      (including federal and state securities laws and regulations) applicable to
      the
      Parent or by which any property or asset of the Parent is bound or affected
      (except for such conflicts, defaults, terminations, amendments, accelerations,
      cancellations and violations as would not, individually or in the aggregate,
      have a material adverse effect on the business, operations, properties,
      prospects or condition (financial or otherwise) of the Parent) nor is the Parent
      otherwise in violation of, conflict with or in default under any of the
      foregoing. The business of the Parent is not being conducted in violation of
      any
      law, ordinance or regulation of any governmental entity, except for possible
      violations that either singly or in the aggregate do not and will not have
      a
      material adverse effect on the business, operations, properties, prospects
      or
      condition (financial or otherwise) of the Parent. The Parent is not required
      under federal, state or local law, rule or regulation to obtain any consent,
      authorization or order of, or make any filing or registration with, any court
      or
      governmental agency in order for it to execute, deliver or perform any of its
      obligations under this Agreement or issue and sell the Exchange Shares in
      accordance with the terms hereof (other than any SEC, NASD or state securities
      filings that may be required to be made by the Parent subsequent to the Closing,
      any registration statement that may be filed pursuant hereto, and any
      shareholder approval required by the rules applicable to companies whose common
      stock trades on the Over The Counter Bulletin Board); provided that, for
      purposes of the representation made in this sentence, the Parent is assuming
      and
      relying upon the accuracy of the relevant representations and agreements of
      the
      Shareholders herein.

    
      
        
        

      

      
        9

        
          

        

      

       

    

    

    (g)
       No
      Undisclosed Liabilities. The Parent has no liabilities or obligations that
      are
      material, individually or in the aggregate, and that are not disclosed in the
      SEC Documents or otherwise publicly announced, other than those incurred in
      the
      ordinary course of the Parent's businesses and which, individually or in the
      aggregate, do not or would not have a material adverse effect on the
      Parent.

    

    (h)
       No
      Undisclosed Events or Circumstances. No event or circumstance has occurred
      or
      exists with respect to the Parent or its businesses, properties, prospects,
      operations or financial condition, that, under applicable law, rule or
      regulation, requires public disclosure or announcement prior to the date hereof
      by the Parent but which has not been so publicly announced or disclosed in
      the
      SEC Documents.

    

    (i) Litigation
      and Other Proceedings. Except as may be set forth in the SEC Documents, there
      are no lawsuits or proceedings pending or to the best knowledge of the Parent
      threatened, against the Parent, nor has the Parent received any written or
      oral
      notice of any such action, suit, proceeding or investigation, which would have
      a
      material adverse effect on the business, operations, properties, prospects
      or
      condition (financial or otherwise) of the Parent. Except as set forth in the
      SEC
      Documents, no judgment, order, writ, injunction or decree or award has been
      issued by or, so far as is known by the Parent, requested of any court,
      arbitrator or governmental agency which would have a material adverse effect
      on
      the business, operations, properties, prospects or condition (financial or
      otherwise) of the Parent.

    

    (j) Capitalization.
      Immediately prior to the Closing, the authorized capital stock of the Parent
      shall consist of: (i) a total of ten million (10,000,000) shares of preferred
      stock, par value $.001 per share, none of which are issued and outstanding;
      and
      (b) a total of one hundred million (100,000,000) shares of common stock, par
      value $.001 per share, of which 32,787,500 are issued and outstanding as of
      the
      Closing after giving effect to the issuance of shares hereof.  Immediately
      prior to the Closing, the Parent has issued and outstanding (i) options to
      purchase 550,000 shares of the Parent’s common stock with an exercise purchase
      price no less than $4.00 per share; and (ii) warrants that Parent has committed
      to issue to purchase up to 4,000,000 shares of the Parent’s common stock in
      favor of Palm Beach Multi-Strategy Fund L.P. (the "Lender") at an exercise
      purchase price of the lesser of $3.00 per share and a price per share equal
      to
      75% of the publicly-traded market price for such shares. The
      Parent expects to adopt an equity incentive plan with a number of shares of
      Parent common stock authorized to be issued thereunder to be determined by
      the
      Board of Directors as customary and reasonable by reference to
      similarly-situated public companies. Except as contemplated by this Agreement,
      there are no other outstanding warrants, options, conversion privileges,
      preemptive rights, or other rights or agreements to purchase or otherwise
      acquire or issue any equity securities of the Parent as of the date of this
      Agreement.

    

    (k) Full
      Disclosure. No representation or warranty made to any Shareholder by the Parent
      in this Agreement omits to state a material fact necessary to make the
      statements herein, in light of the circumstances in which they were made, not
      misleading. There is no fact known to the Parent that has specific application
      to the Exchange
      Shares
      and that
      materially adversely affects or, as far as can be reasonably foreseen,
      materially threatens the Exchange
      Shares
      that has
      not been set forth in this Agreement or otherwise disclosed in the Parent’s
      publicly available reports and disclosures filed with the U.S. Securities and
      Exchange Commission.

    
      
        
        

      

      
        10

        
          

        

      

       

    

    

    3.3
       Representations
      and Warranties of the Company. As an inducement to the Shareholders to enter
      into this Agreement and to consummate the transactions contemplated herein,
      the
      Company represents and warrants to the Shareholders as follows, all of which
      are
      true and complete as of the date of this Agreement and as of the Closing, except
      to the extent set forth on a disclosure schedule attached hereto referencing
      the
      Section and paragraph number of the provision herein corresponding to such
      exception:

    

    (a)
       Organization
      of the Company. The Company is a corporation duly organized and validly existing
      and in good standing under the laws of the State of Delaware, and has all
      requisite power and authority to own, lease and operate its properties and
      to
      carry on its business as now being conducted. The Company is duly qualified
      as a
      foreign corporation to do business and is in good standing in every jurisdiction
      in which the nature of the business conducted or property owned by it makes
      such
      qualification necessary, other than those in which the failure so to qualify
      would not have a material adverse effect on the business, operations,
      properties, prospects or condition (financial or otherwise) of the Company.
      Company has, prior to the execution of this Agreement, delivered to the
      Shareholders true and complete copies of its (i) Certificate of Incorporation
      with all amendments thereto; and (ii) By-laws, in each case as in effect on
      the
      date of Closing. Company is not in default under or in violation of any
      provision of its Certificate of Incorporation or By-laws. 

    

    (b)
       Authority.
      (1) The Company has the requisite corporate power and authority to enter into
      and perform its obligations under this Agreement and to issue the Exchange
      Shares, the S Tax Reimbursement Note and the Shareholder Note; (2) the execution
      and delivery of this Agreement by the Company and the consummation by it of
      the
      transactions contemplated hereby and thereby have been duly authorized by all
      necessary corporate action and no further consent or authorization of the
      Company or its Board of Directors or stockholders is required; and (3) this
      Agreement, the S Tax Reimbursement Note and the Shareholder Note have been
      duly
      executed and delivered by the Company and constitutes a valid and binding
      obligation of the Company enforceable against the Company in accordance with
      its
      terms, except as such enforceability may be limited by applicable bankruptcy,
      insolvency, or similar laws relating to, or affecting generally the enforcement
      of, creditors' rights and remedies or by other equitable principles of general
      application.

    

    (c)
       No
      General Solicitation or Advertising in Regard to this Transaction. Neither
      the
      Company nor any of its affiliates nor any person acting on its or their behalf
      (1) has conducted or will conduct any general solicitation (as that term is
      used
      in Rule 502(c) of Regulation D) or general advertising with respect to any
      of
      the Exchange Shares, or (2) made any offers or sales of any security or
      solicited any offers to buy any security under any circumstances that would
      require registration of the Exchange Shares under the Securities
      Act.

    
      
        
        

      

      
        11

        
          

        

      

       

    

    

    (d)
       No
      Conflicts. The execution, delivery and performance of this Agreement by the
      Company and the consummation by the Company of the transactions contemplated
      hereby, including without limitation the issuance of the Exchange Shares, do
      not
      and will not (1) result in a violation of the Certificate of Incorporation
      or
      By-Laws of the Company, or (2) conflict with, or constitute a material default
      (or an event that with notice or lapse of time or both would become a material
      default) under, or give to others any rights of termination, amendment,
      acceleration or cancellation of, any material agreement, indenture, instrument
      or any "lock-up" or similar provision of any underwriting or similar agreement
      to which the Company is a party, or (3) result in a violation of any federal,
      state, local or foreign law, rule, regulation, order, judgment or decree
      (including federal and state securities laws and regulations) applicable to
      the
      Company or by which any property or asset of the Company is bound or affected
      (except for such conflicts, defaults, terminations, amendments, accelerations,
      cancellations and violations as would not, individually or in the aggregate,
      have a material adverse effect on the business, operations, properties,
      prospects or condition (financial or otherwise) of the Company) nor is the
      Company otherwise in violation of, conflict with or in default under any of
      the
      foregoing. The business of the Company is not being conducted in violation
      of
      any law, ordinance or regulation of any governmental entity, except for possible
      violations that either singly or in the aggregate do not and will not have
      a
      material adverse effect on the business, operations, properties, prospects
      or
      condition (financial or otherwise) of the Company. The Company is not required
      under federal, state or local law, rule or regulation to obtain any consent,
      authorization or order of, or make any filing or registration with, any court
      or
      governmental agency in order for it to execute, deliver or perform any of its
      obligations under this Agreement or issue and sell the Exchange Shares in
      accordance with the terms hereof (other than any SEC, NASD or state securities
      filings that may be required to be made by the Company subsequent to the
      Closing, any registration statement that may be filed pursuant hereto, and
      any
      shareholder approval required by the rules applicable to companies whose common
      stock trades on the Over The Counter Bulletin Board); provided that, for
      purposes of the representation made in this sentence, the Company is assuming
      and relying upon the accuracy of the relevant representations and agreements
      of
      the Shareholders herein.

    

    (e)
       No
      Undisclosed Liabilities. The Company has no liabilities or obligations that
      are
      material, individually or in the aggregate, other than those incurred in the
      ordinary course of the Company's businesses and which, individually or in the
      aggregate, do not or would not have a material adverse effect on the
      Company.

    

    (f)
       No
      Undisclosed Events or Circumstances. No event or circumstance has occurred
      or
      exists with respect to the Company or its businesses, properties, prospects,
      operations or financial condition, that, under applicable law, rule or
      regulation, requires public disclosure or announcement prior to the date hereof
      by the Company but which has not been so publicly announced.

    
      
        
        

      

      
        12

        
          

        

      

       

    

    

    (g) Litigation
      and Other Proceedings. There are no lawsuits or proceedings pending or to the
      best knowledge of the Company threatened, against the Company, nor has the
      Company received any written or oral notice of any such action, suit, proceeding
      or investigation, which would have a material adverse effect on the business,
      operations, properties, prospects or condition (financial or otherwise) of
      the
      Company. No judgment, order, writ, injunction or decree or award has been issued
      by or, so far as is known by the Company, requested of any court, arbitrator
      or
      governmental agency which would have a material adverse effect on the business,
      operations, properties, prospects or condition (financial or otherwise) of
      the
      Company.

    

    (h) Full
      Disclosure. No representation or warranty made to any Shareholder by the Company
      in this Agreement omits to state a material fact necessary to make the
      statements herein, in light of the circumstances in which they were made, not
      misleading. There is no fact known to the Company that has specific application
      to the Exchange
      Shares
      and that
      materially adversely affects or, as far as can be reasonably foreseen,
      materially threatens the Exchange
      Shares
      that has
      not been set forth in this Agreement or otherwise disclosed in the Parent’s
      publicly available reports and disclosures filed with the U.S. Securities and
      Exchange Commission.

    

    3.4 Representations
      and Warranties regarding NCI. As
      an
      inducement to the Company and the Parent to enter into this Agreement and to
      consummate the transactions contemplated herein, each of the Shareholders,
      jointly and severally, represent and warrant to the Company and the Parent
      as
      follows regarding matters pertaining to NCI, all of which are true and complete
      as of the date of this Agreement and as of the Closing, except to the extent
      set
      forth on a disclosure schedule attached hereto referencing the section and
      paragraph number of the provision herein corresponding to such
      exception:

    

    (a)
       Organization
      of NCI. NCI is a corporation duly organized and validly existing and in good
      standing under the laws of the state of Georgia, and has all requisite power
      and
      authority to own, lease and operate its properties and to carry on its business
      as now being conducted. NCI is duly qualified as a foreign corporation to do
      business and is in good standing in every jurisdiction in which the nature
      of
      the business conducted or property owned by it makes such qualification
      necessary, other than those in which the failure so to qualify would not have
      a
      material adverse effect on the business, operations, properties, prospects
      or
      condition (financial or otherwise) of NCI. NCI has, prior to the execution
      of
      this Agreement, delivered to the Company and the Parent true and complete copies
      of its (i) Certificate of Incorporation with all amendments thereto; and (ii)
      By-Laws, in each case as in effect on date of the Closing. NCI is not in default
      under or in violation of any provision of its Certificate of Incorporation
      or
      By-Laws.

    

    (b)
       Authority.
      (1) NCI has the requisite corporate power and authority to enter into and
      perform its obligations under this Agreement; (2) the execution and delivery
      of
      this Agreement by NCI and the consummation by it of the transactions
      contemplated hereby and thereby have been duly authorized by all necessary
      corporate action and no further consent or authorization of NCI or its Board
      of
      Directors or stockholders is required; and (3) this Agreement has been duly
      executed and delivered by NCI and constitutes a valid and binding obligation
      of
      NCI enforceable against NCI in accordance with its terms, except as such
      enforceability may be limited by applicable bankruptcy, insolvency, or similar
      laws relating to, or affecting generally the enforcement of, creditors' rights
      and remedies or by other equitable principles of general
      application.

    
      
        
        

      

      
        13

        
          

        

      

       

    

    

    (c)
       Documents.
      NCI has not provided to the Company or the Parent any information that contained
      any untrue statement of a material fact or omitted to state a material fact
      required to be stated therein or necessary in order to make the statements
      therein, in light of the circumstances under which they were made, not
      misleading. 

    

    (d)
       Issuances.
      The shares of NCI delivered hereto have been properly issued by NCI pursuant
      to
      applicable federal and state laws or exemption therefrom. When delivered as
      herein provided, the NCI Shares shall be duly authorized, validly issued, fully
      paid, and nonassessable. Neither the transfer of the NCI Shares pursuant to,
      nor
      the Company's or Parent’s performance of NCI obligations under, this Agreement
      shall (1) result in the creation or imposition of any liens, charges, claims
      or
      other encumbrances upon the NCI Shares or any of the assets of NCI, or (2)
      entitle the other holders of the NCI Shares to any rights to subscribe to or
      acquire any other NCI Shares or other securities of the Company or the Parent.
      The NCI Shares constitute all of the issued and all outstanding equity interests
      in NCI and there are no direct or indirect rights of any nature or kind issued
      or outstanding, contingent or otherwise, to acquire any NCI Shares, including,
      without limitation, no options, warrants or instruments convertible into NCI
      Shares.

    

    (e)
       No
      General Solicitation or Advertising in Regard to this Transaction. NCI, nor
      any
      of its affiliates nor any person acting on its or their behalf (1) has conducted
      or will conduct any general solicitation (as that term is used in Rule 502(c)
      of
      Regulation D) or general advertising with respect to any of the NCI Shares,
      or
      (2) made any offers or sales of any security or solicited any offers to buy
      any
      security under any circumstances that would require registration of the NCI
      Shares under the Securities Act.

    

    (f)
       No
      Conflicts. Except as set forth on Exhibit I and Schedule 3.4(t), the execution,
      delivery and performance of this Agreement by NCI and the consummation by NCI
      of
      the transactions contemplated hereby, do not and will not (1) result in a
      violation of the Certificate of Incorporation or By-Laws of NCI, or (2) conflict
      with, or constitute a material default (or an event that with notice or lapse
      of
      time or both would become a material default) under, or give to others any
      rights of termination, amendment, acceleration or cancellation of, any one
      or
      more agreements that individually or in the aggregate are material, indenture,
      instrument or any "lock-up" or similar provision of any underwriting or similar
      agreement to which NCI is a party, or (3) result in a violation of any federal,
      state, local or foreign law, rule, regulation, order, judgment or decree
      (including federal and state securities laws and regulations) applicable to
      NCI
      or by which any property or asset of NCI is bound or affected (except, in the
      case of (2) and (3), for such conflicts, defaults, terminations, amendments,
      accelerations, cancellations and violations as would not, individually or in
      the
      aggregate, have a material adverse effect on the business, operations,
      properties, prospects or condition (financial or otherwise) of NCI or its
      ability to consummate the transaction contemplated hereby) nor is NCI otherwise
      in violation of, conflict with or in default under any of the foregoing. The
      business of NCI is not being conducted in violation of any law, ordinance or
      regulation of any governmental entity, except for possible violations that
      either singly or in the aggregate do not and will not have a material adverse
      effect on the business, operations, properties, prospects or condition
      (financial or otherwise) of NCI. 

    
      
        
        

      

      
        14

        
          

        

      

       

    

    

    (g)
       No
      Undisclosed Liabilities. NCI has no liabilities or obligations that are
      material, individually or in the aggregate, and that are not disclosed in (i)
      the financial statements described in Section 3.4(j) of this Agreement; (ii)
      the
      releases attached as Exhibit
      F
      hereto;
      or (iii) as disclosed on Schedule 3.4(g) of this Agreement, other than those
      incurred in the ordinary course of NCI’s business and which, individually or in
      the aggregate, are not material to NCI. The minute books and other records
      of
      NCI contain a true and complete record, in all material respects, of all action
      taken at all meetings and by all written consents in lieu of meetings of
      directors, members, shareholders, the management committee or boards of
      directors, subcommittees and committees of the boards of directors of
      NCI.

    

    (h)
       No
      Undisclosed Events or Circumstances. Except as set forth on Schedule 3.4(h),
      no
      event or circumstance has occurred or exists with respect to NCI or its
      business, properties, prospects, operations or financial condition, that, under
      applicable law, rule or regulation, would require public disclosure under the
      Securities Act and/or Exchange Act if NCI were subject to the reporting
      requirements of Sections 13 or 15 of the Exchange Act that has not been
      disclosed in writing to the Company or the Parent.

    

    (i) Litigation
      and Other Proceedings. Except as listed on Schedule 3.4(i), there are no
      lawsuits or proceedings pending or, to the best knowledge of the Shareholders
      or
      NCI threatened, against NCI, nor has NCI received any written or oral notice
      of
      any such action, suit, proceeding or investigation, which would have a material
      adverse effect on the business, operations, properties, prospects or condition
      (financial or otherwise) of NCI. No judgment, order, writ, injunction or decree
      or award has been issued by or, so far as is known by the Shareholders or NCI,
      requested of any court, arbitrator or governmental agency which would have
      a
      material adverse effect on the business, operations, properties, prospects
      or
      condition (financial or otherwise) of NCI or its ability to consummate the
      transaction contemplated hereby.

    

    (j) Validity
      of Financial Statements. The audited financial statements of NCI prepared by
      Rodefer Moss & Co, PLLC as of December 31, 2005, December 31, 2004 and
      December 31, 2003 are true and correct
      and have been prepared in accordance with generally accepted accounting
      principles applied on a consistent basis during the periods involved (except
      as
      may be otherwise indicated in such financial statements or the notes thereto)
      and fairly present in all material respects the financial position of NCI as
      of
      the dates thereof and the results of operations and cash flows for the periods
      then ended. The
      unaudited balance sheets and profit and loss statements for the six-month period
      ended June 30, 2006 and the months ended July 31, 2006 and August 31, 2006,
      which the Shareholders have delivered to the Company and the Parent fairly
      present in all material respects the financial position of NCI as of the dates
      thereof.

    
      
        
        

      

      
        15

        
          

        

      

       

    

    

    (k) No
      Competing Interests.
      Except
      with respect to the ownership interest in the Parent following the Closing
      and
      except as disclosed on Schedule 3.4(k), each of the Shareholders
      hereby
      represents and warrants to the Parent and the Company that neither such
      Shareholder, nor any affiliate, has any ownership or other interest in any
      business or activity that competes or can reasonably be expected to compete,
      directly or indirectly, with any business of the Company following the Closing.
      Except as disclosed on Schedule 3.4(k), each of the Shareholders
      hereby
      represents and warrants to Purchaser that neither he, she or it nor any
      affiliate, has or shares, any ownership or similar interest in any asset or
      property (including any intellectual property) that is being (or has been in
      the
      past 12-month period) used in connection with the operation of the business
      of
      NCI.

    

    (l) Environmental,
      Health and Safety Matters. Except as set forth on Schedule 3.4(l):

    

    (i) NCI
      is in
      compliance in all material respects with all Environmental Laws applicable
      to
      its business.

    

    (ii) Neither
      Shareholders nor NCI has received any notice regarding any actual or alleged
      material violation of Environmental Laws including any investigatory, remedial
      or corrective obligations, arising under Environmental Laws.

    

    “Environmental
      Laws” means all Laws and rules of common law pertaining to the environment,
      health and safety, including the Comprehensive Environmental Response,
      Compensation and Liability Act of 1980 (42 U.S.C. § 9601 et seq.) (“CERCLA”),
      the Emergency Planning and Community Right to Know Act and the Superfund
      Amendments and Reauthorization Act of 1986, the Solid Waste Disposal Act (42
      U.S.C. § 6901 et seq.), the Resource Conservation and Recovery Act of 1976, the
      Hazardous and Solid Waste Amendments Act of 1984, the Clean Air Act (42 U.S.C.
§
7401 et seq.), the Clean Water Act (33 U.S.C. § 1251 et seq.), the Federal Water
      Pollution Control Act, the Toxic Substances Control Act (15 U.S.C. § 2601 et
      seq.), the Safe Drinking Water Act, the Occupational Safety and Health Act
      of
      1970 (42 U.S.C. § 11001 et seq.), the Oil Pollution Act of 1990, the Hazardous
      Materials Transportation Act (49 U.S.C. § 1801 et seq.), and any similar or
      analogous statutes, regulations and decisional law of any governmental
      authority, as each of the foregoing may have been amended or
      supplemented.

    

    (m) Subsidiaries.
      NCI does not own or control, directly or indirectly, any corporation,
      partnership, association or business entity.

    

    (n) Absence
      of Certain Changes and Events. Except
      as
      set forth on Schedule 3.4(n), since
      the
      end of the period covered by the audited financial statements for the year
      ended
      December 31, 2005, the business of NCI has been conducted only in the ordinary
      course consistent with prior practice and NCI has not: (a) transferred, leased
      or otherwise disposed of any of its assets or properties other than in the
      ordinary course of business; (b) waived, released or terminated any material
      rights, Claims, contracts or leases, as applicable; (c) suffered any material
      damage, destruction or loss, whether or not such damage, destruction or loss
      shall have been insured against; (d) suffered any material adverse change in
      the
      financial condition, properties or business; or (e) made or entered into any
      contract or commitment to make any capital expenditure in excess of $100,000.
      Except
      as
      set forth on Schedule 3.4(n), since
      August 31, 2006, there have not been any dividends or other distributions from
      NCI to any shareholder of NCI.

    
      
        
        

      

      
        16

        
          

        

      

       

    

    

    (o) Assets
      and Rights. There are no facts or conditions affecting the assets and properties
      of NCI which could, individually or in the aggregate, interfere in any material
      respect with the use, occupancy, or operation thereof as currently used,
      occupied or operated, or their adequacy for such use. Except as set forth on
      Schedule 3.4(o), NCI has good and marketable title to all assets and property
      owned by NCI, including, without limitation, all accounts
      receivable.

    

    (p) Taxes.

    

    (i)
      NCI
      has timely filed with the appropriate taxing authorities all tax returns
      required to have been filed by NCI on or before the Closing Date; each such
      tax
      return is true, correct and complete in all material respects; and all taxes
      of
      NCI that are required to have been paid on or before the Closing Date (whether
      or not shown on any tax return) have been timely paid in full.

    

    (ii)
      Except as set forth on Schedule 3.4(p), there is no action, suit, proceeding,
      investigation, audit, claim or assessment pending or, to the knowledge of the
      Shareholders, threatened with respect to NCI with respect to a liability for
      taxes or with respect to any tax return. No deficiency for any tax has been
      assessed with respect to NCI which has not been paid in full.

    

    (q) Transactions
      with Certain Persons. Except
      as
      set forth on Schedule 3.4(q), no
      officer, member, manager or employee of NCI, nor any member of any such person’s
      family owns any assets used in or relating to the business of NCI (other than
      incidental personal office items) or is presently a party to any material
      transaction with NCI, including, but not limited to, any contract, agreement
      or
      other arrangement (a) providing for the furnishing of services by, (b) providing
      for the rental of real or personal property from, or (c) otherwise requiring
      payments to (other than for services as employees, officers or managers of
      NCI)
      such person.

    

    (r)
       Employees.
      Except
      as
      set forth on Schedule 3.4(r), there are no pension,
      retirement, profit-sharing, thrift-savings, deferred compensation, share bonus,
      stock option, cash bonus, employee stock ownership (including investment credit
      or payroll stock ownership), severance pay, insurance, medical, vacation plan,
      or other employee benefit plans or any other commitments, arrangements, promises
      or understandings with any employee as to salary or bonus, if applicable. NCI
      has complied in all material respects with all legal requirements relating
      to
      employment practices, terms and conditions of employment, equal employment
      opportunity, nondiscrimination, immigration, anti-harassment/retaliation and
      whistleblower retaliation protection, wages, hours, collective bargaining,
      the
      payment of social security and similar taxes and occupational safety and health
      requirements with respect to matters occurring on or before the Closing
      Date.

    
      
        
        

      

      
        17

        
          

        

      

       

    

    

    (s) Material
      Contracts. Each
      contract which would or could reasonably be expected to result in a payment
      by
      NCI to any third party in excess of $100,000 is in full force and effect and
      constitutes a legal, valid and binding agreement, enforceable in accordance
      with
      its terms, of NCI and any other party thereto, and to the knowledge of
      Shareholders neither NCI nor, any other party to such contract is, nor has
      received notice that it is, in violation or breach of or default under any
      such
      contract (or with notice or lapse of time or both, would be in violation or
      breach of or default under any such contract).

    

    (t) Permits.
      (i) NCI owns or validly holds all permits required to own and lease assets
      and
      properties of NCI and to conduct the business as currently being conducted;
      (ii)
      each such permit is valid, binding and in full force and effect; and (iii)
      except as set forth on Schedule 3.4(t) NCI is not and has not received any
      notice that it is, in default (or with the giving of notice or lapse of time
      or
      both, would be in default) under any such permit and after giving effect to
      the
      transactions contemplated hereby the Company shall be fully able to continue
      and
      conduct business in the ordinary course as previously conducted by NCI, subject
      to registration requirements under applicable state laws which may be attended
      to in due course following the Closing.

    

    (u) Insurance.
      All liability, property, workers compensation, directors and officers liability
      and other insurance policies (including any self insurance programs, if any)
      currently in effect that insure the business of NCI or employees of NCI or
      affect or relate to the ownership, use or operation of any of the assets and
      properties of NCI (collectively, the “Insurance Policies”). Each of the
      Insurance Policies is valid and binding and in full force and effect, all
      premiums due thereunder have been paid when due and none of the Shareholders,
      NCI or the person to whom such policy has been issued has received any notice
      of
      cancellation or termination in respect of any such policy or is in default
      thereunder, and none of the Shareholders, NCI, or any person to whom such policy
      has been issued know of any reason or state of facts that could lead to the
      cancellation of the Insurance Policies. None of the Shareholders, NCI, or any
      person to whom such policy has been issued has failed to give any significant
      notice or present any significant claim under any of the Insurance Policies
      in
      due and timely fashion.

    

    (v) Employees.
      The Shareholders have provided the Company and the Parent with a complete and
      accurate list of all employees and sales persons currently employed or engaged
      by NCI, together with the position held by each such person, the amount of
      the
      annual compensation (separating base salary and other forms of compensation)
      of
      each such person. NCI has paid in full to such employees all wages, commissions,
      bonuses and other compensation for all services performed by them to date (other
      than amounts accrued since the end of the last pay period and bonuses accrued
      for the month of September) and NCI is not subject to any claim for non-payment
      or non-performance of any of the foregoing.

    
      
        
        

      

      
        18

        
          

        

      

       

    

    

    (w) Accounts
      Receivable. The accounts receivable carried in NCI’s books and records: (i) are
      valid; (ii) have arisen solely out of bona fide performance of services and
      other business transactions in the ordinary course of business consistent with
      past practice, in each case, with persons other than affiliates; (iii) are
      not
      subject to any prior lien and are not subject to valid defenses, set-offs or
      counterclaims, and there are no refunds, discounts or other adjustments payable
      in respect of such accounts receivable; and (iv) are collectable in accordance
      with their terms, subject to the historical bad debt expense incurred by
      NCI.

    

    (x) Bank
      Accounts; Signatories. Schedule 3.4(x) sets forth (i) a complete and accurate
      list of all signatories of any and all bank accounts of, for or in the name
      of,
      NCI and a list of all authorized signatories for each, and (ii) a list of all
      credit cards in the name of NCI that are used by the Shareholders or any of
      their affiliates or relatives.

    

    3.5 Indemnification.

    

    (a) The
      Shareholders shall jointly and severally indemnify and hold harmless the Company
      and the Parent and the officers, directors, agents, affiliates, representatives
      and the respective successors and assigns of the Company and the Parent from
      and
      against any and all damages, losses, liabilities, taxes and costs and expenses
      (including, without limitation, attorneys' fees and costs) resulting directly
      or
      indirectly from (i) any inaccuracy, misrepresentation, breach of warranty or
      non-fulfillment of any of the representations and warranties of the Shareholders
      in this Agreement, or any actions, omissions or statements of fact inconsistent
      with in any material respect any such representation or warranty, (ii) any
      failure by the Shareholders to perform or comply with any agreement, covenant
      or
      obligation in this Agreement.

    

    (b) The
      Company and Parent shall jointly and severally indemnify and hold harmless
      NCI
      and the Shareholders’ and their respective agents, affiliates, representatives
      and respective successors and assigns from and against any and all damages,
      losses, liabilities, taxes and costs and expenses (including, without
      limitation, attorneys' fees and costs) resulting directly or indirectly from
      (i)
      any inaccuracy, misrepresentation, breach of warranty or non-fulfillment of
      any
      of the representations and warranties of the Company or Parent in this
      Agreement, or any actions, omissions or statements of fact inconsistent with
      in
      any material respect any such representation or warranty, (ii) any failure
      by
      the Company or Parent to perform or comply with any agreement, covenant or
      obligation in this Agreement.

    

    (c) Rules
      Regarding Indemnification.
      The
      obligations and liabilities of each party which may be subject to
      indemnification liability hereunder (the “indemnifying party”) to the other
      party (the “indemnified party”) shall be subject to the following terms and
      conditions:

     

    
      
        
        

      

      
        19

        
          

        

      

       

    

     

    (i) Claims
      by
      Non-Parties. The indemnified party shall give written notice within a reasonably
      prompt period of time to the indemnifying party of any written claim by a third
      party which is likely to give rise to a claim by the indemnified party against
      the indemnifying party based on the indemnity agreements contained in this
      Section, stating the nature of said claim and the amount thereof, to the extent
      known. The indemnified party shall give notice to the indemnifying party that
      pursuant to the indemnity, the indemnified party is asserting against the
      indemnifying party a claim with respect to a potential loss from the third
      party
      claim, and such notice shall constitute the assertion of a claim for indemnity
      by the indemnified party. If, within thirty (30) days after receiving such
      notice, the indemnifying party advises the indemnified party that it will
      provide indemnification and assume the defense at its expense, then so long
      as
      such defense is being conducted, the indemnified party shall not settle or
      admit
      liability with respect to the claim and shall afford to the indemnifying party
      and defending counsel reasonable assistance in defending against the claim.
      If
      the indemnifying party assumes the defense, counsel shall be selected by such
      party and if the indemnified party then retains its own counsel, it shall do
      so
      at its own expense. If the indemnified party does not receive a written
      objection to the notice from the indemnifying party within thirty (30) days
      after the indemnifying party’s receipt of such notice, the claim for indemnity
      shall be conclusively presumed to have been assented to and approved, and in
      such case the indemnified party may control the defense of the matter or case
      and, at its sole discretion, settle or admit liability. If within the aforesaid
      thirty (30) day period the indemnified party shall have received written
      objection to a claim (which written objection shall briefly describe the basis
      of the objection to the claim or the amount thereof, all in good faith), then
      for a period of ten (10) days after receipt of such objection the parties shall
      attempt to settle the dispute as between the indemnified and indemnifying
      parties. 

     

    (ii) Claims
      by
      a Party. The determination of a claim asserted by a party hereunder (other
      than
      as set forth in section (a) above) pursuant to this Section shall be made as
      follows: The indemnified party shall give written notice within a reasonably
      prompt period of time to the indemnifying party of any claim by the indemnified
      party which has not been made pursuant to subsection (a) above, stating the
      nature and basis of such claim and the amount thereof, to the extent known.
      The
      claim shall be deemed to have resulted in a determination in favor of the
      indemnified party and to have resulted in a liability of the indemnifying party
      in an amount equal to the amount of such claim estimated pursuant to this
      paragraph if within forty-five (45) days after the indemnifying party’s receipt
      of the claim the indemnified party shall not have received written objection
      to
      the claim. In such event, the claim shall be conclusively presumed to have
      been
      assented to and approved. If within the aforesaid forty-five (45) day period
      the
      indemnified party shall have received written objection to a claim (which
      written objection shall briefly describe the basis of the objection to the
      claim
      or the amount thereof, all in good faith), then for a period of sixty (60)
      days
      after receipt of such objection the parties shall attempt to settle the disputed
      claim as between the indemnified and indemnifying parties. 

     

    (iii) If
      the
      Closing occurs, no party shall have any liability (for indemnification or
      otherwise) with respect to any representation or warranty or any covenant or
      obligation to be performed or complied with prior to the Closing Date
      (other than representations with respect to taxes and any cases involving fraud)
      unless on or
      before
      May 31, 2009, the indemnified party notifies the indemnifying party of a claim
      specifying the factual basis of the claim as set forth in subparagraph (i)
      and
      (ii) of this Paragraph (c). 

     

    
      
        
        

      

      
        20

        
          

        

      

       

    

     

    4. Stock
      Legend.

    

    Each
      certificate representing the Exchange Shares shall be stamped or otherwise
      imprinted with legends substantially in the following form (in addition to
      any
      legend required by applicable state securities or "blue sky" laws):

    

    THE
      SECURITIES REPRESENTED BY THIS CERTIFICATE (THE "SECURITIES") HAVE NOT BEEN
      REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT") OR ANY
      STATE
      SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF EXCEPT
      (1)(A) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER
      THE ACT (IF AVAILABLE) OR ANOTHER THEN AVAILABLE EXEMPTION UNDER THE ACT AND
      STATE SECURITIES LAWS, OR (B) IN A TRANSACTION THAT DOES NOT REQUIRE
      REGISTRATION UNDER THE ACT OR ANY APPLICABLE STATE LAWS, AND WHEREIN MANCHESTER
      INC. SHALL HAVE RECEIVED AN OPINION OF COUNSEL THAT REGISTRATION OF SUCH
      SECURITIES UNDER THE ACT AND UNDER THE PROVISIONS OF APPLICABLE STATE SECURITIES
      LAWS IS NOT REQUIRED, OR (C) PURSUANT TO A REGISTRATION STATEMENT WHICH HAS
      BEEN
      DECLARED EFFECTIVE UNDER THE ACT (AND WHICH CONTINUES TO BE EFFECTIVE AT THE
      TIME OF SUCH TRANSFER); AND (2) PRIOR TO ANY SUCH TRANSFER, IT WILL FURNISH
      TO
      MANCHESTER INC. AND THE TRANSFER AGENT FOR THE COMMON STOCK SUCH CERTIFICATIONS,
      LEGAL OPINIONS, OR OTHER INFORMATION AS MANCHESTER INC. OR SUCH TRANSFER AGENT
      MAY REASONABLY REQUIRE TO CONFIRM THAT SUCH TRANSFER IS BEING MADE PURSUANT
      TO
      AN EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
      REQUIREMENTS OF THE ACT OR STATE SECURITIES LAWS; AND (3) IT WILL DELIVER TO
      EACH PERSON TO WHOM THE SECURITIES EVIDENCED HEREBY IS TRANSFERRED A NOTICE
      SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND. FURTHERMORE, HEDGING TRANSACTIONS
      INVOLVING THE SECURITIES EVIDENCED HEREBY MAY NOT BE CONDUCTED UNLESS IN
      COMPLIANCE WITH THE ACT.

     

    The
      Parent agrees to reissue certificates representing any of the Exchange Shares
      without the legend set forth above if at such time, prior to making any transfer
      of any such Exchange Shares, such holder thereof shall give written notice
      to
      the Parent describing the manner and terms of such transfer and removal as
      the
      Parent may reasonably request. Such proposed transfer and removal will not
      be
      effected until: (a) either (i) the Parent has received an opinion of counsel
      reasonably satisfactory to the Parent, to the effect that the registration
      of
      the Exchange Shares under the Securities
      Act
      is
      not required in connection with such proposed transfer; (ii) a registration
      statement under the Securities
      Act
      covering such proposed disposition has been filed by the Parent with the
      Commission and has become effective under the Securities
      Act;
      (iii) the Parent has received other evidence reasonably satisfactory to the
      Parent that such registration and qualification under the Securities
      Act
      and
      state securities laws are not required; or (iv) the holder provides the Parent
      with reasonable assurances that such security can be sold pursuant to Rule
      144
      under the Securities
      Act;
      and
      (b) either (i) the Parent has received an opinion of counsel reasonably
      satisfactory to the Parent, to the effect that registration or qualification
      under the securities or "blue sky" laws of any state is not required in
      connection with such proposed disposition; or (ii) compliance with applicable
      state securities or "blue sky" laws has been effected or a valid exemption
      exists with respect thereto. The Parent will respond to any such notice from
      a
      holder within five (5) business days. In the case of any proposed transfer
      under
      this section, the Parent will use reasonable efforts to comply with any such
      applicable state securities or "blue sky" laws, but shall in no event be
      required, (x) to qualify to do business in any state where it is not then
      qualified; (y) to take any action that would subject it to tax or to the general
      service of process in any state where it is not then subject; or (z) to comply
      with state securities or “blue sky” laws of any state for which registration by
      coordination is unavailable to the Parent. The restrictions on transfer
      contained in this section shall be in addition to, and not by way of limitation
      of, any other restrictions on transfer contained in any other section of this
      Agreement. Whenever
      a
      certificate representing the Exchange Shares is required to be issued to a
      purchaser without a legend, in lieu of delivering physical certificates
      representing the Exchange Shares, provided the Parent's transfer agent is
      participating in the Depository Trust Company ("DTC")
      Fast Automated Securities Transfer program, the Parent shall use its
      commercially reasonable efforts to cause its transfer agent to electronically
      transmit the Exchange Shares to a purchaser by crediting the account of such
      purchaser's Prime Broker with DTC through its Deposit Withdrawal Agent
      Commission ("DWAC") system (to the extent not inconsistent with any provisions
      of this Agreement).

    
      
        
        

      

      
        21

        
          

        

      

       

    

     

    5. Registration.

    

    (a) The
      Parent and the Shareholders agree that if at any time after the date hereof
      the
      Parent shall propose to file a registration statement with respect to any of
      its
      common stock on a form suitable for a secondary offering, it will give notice
      in
      writing to such effect to the Shareholders at least thirty (30) days prior
      to
      such filing, and, at the written request of the Shareholders, made within ten
      (10) days after the receipt of such notice, will include therein at the Parent's
      cost and expense (including the reasonable fees and expenses of one counsel
      to
      all such holder(s), but excluding underwriting discounts, commissions and filing
      fees attributable to the common stock included therein) such of the Exchange
      Shares as the Shareholders shall request; provided, however, that if the
      offering being registered by the Parent is underwritten and if the
      representative of the underwriters certifies in writing that the inclusion
      therein of the Exchange Shares would materially and adversely affect the sale
      of
      the securities to be sold by the Parent thereunder, then the Parent shall be
      required to include in the offering only that number of securities, including
      the Exchange Shares, which the underwriters determine in their sole discretion
      will not jeopardize the success of the offering (the securities so included
      to
      be apportioned pro rate among all selling holders of shares according to the
      total amount of securities entitled to be included therein owned by each selling
      holder of shares, but in no event shall the total amount of Exchange Shares
      included in the offering be less than the number of securities included in
      the
      offering by any other single selling holder of shares unless all of the Exchange
      Shares are included in the offering).

    
      
        
        

      

      
        22

        
          

        

      

       

    

    

    (b) After
      the
      date hereof, the Parent shall not grant to any holder of securities of the
      Parent any registration rights which have a priority greater than those granted
      to Shareholders without the prior written consent of Shareholders.

    

    (c) The
      Parents obligations under Section
      5(a)
      above
      with respect to the Exchange Shares are expressly conditioned upon the
      Shareholders furnishing to the Parent in writing such information concerning
      the
      Shareholders as the Parent shall reasonably request for inclusion in the
      registration statement. If any registration statement including any of the
      Exchange Shares is filed, the Parent shall indemnify the Shareholders from
      any
      loss, claim, damage or liability arising out of, based upon or in any way
      relating to any untrue statement of a material fact contained in such
      registration statement or any omission to state therein a material fact required
      to be stated therein or necessary to make the statements therein not misleading,
      except for any such statement or omission based on information furnished in
      writing by the Shareholders expressly for use in connection with such
      registration statement; and the Shareholders shall indemnify the Parent (and
      each of its officers and directors who has signed such registration statement,
      each director, each person, if any, who controls the Parent within the meaning
      of the Securities Act, each underwriter for the Parent and each person, if
      any,
      who controls such underwriter within the meaning of the Securities Act) and
      each
      other such Shareholders against any loss, claim, damage or liability arising
      from any such statement or omission which was made in reliance upon information
      furnished in writing to the Parent by the Shareholders expressly for use in
      connection with such registration statement.

    

    6. Rights
      of
      Co-Sale.

    

    (a) No
      officer or director of the Parent (each, a "Key Shareholder") shall enter into
      any private transaction that would result in the sale by it of any securities
      of
      the Parent now or hereafter owned by it, unless prior to such sale such Key
      Shareholder shall give written notice (the "Co-Sale Notice") to the Shareholders
      addressed and delivered as set forth in Section
      8(a)
      hereof,
      of its intention to effect such sale in order that the Shareholders may exercise
      its rights under this Section
      6
      as
      hereinafter described. Such notice shall set forth (i) the number of securities
      to be sold by such Key Shareholder, (ii) the principal terms of the sale,
      including the price at which the securities are intended to be sold, and (iii)
      an offer by such Key Shareholder to use its best efforts to cause to be included
      with the securities to be sold by its in the sale, on a securities-by-securities
      basis and on the same terms and conditions, the Exchange Shares issuable or
      issued to the Shareholders pursuant to this Agreement. For purposes of clarity,
      the foregoing provisions of this Section
      6
      shall
      not apply to any public market sales of securities, including, without
      limitation, any transactions executed within the scope of Rule 144.
      Notwithstanding the foregoing, this Section
      6
      shall
      not apply to any transfers by any Key Shareholder for estate planning purposes
      to: (i) a trust for the benefit of such Key Shareholder or the Key Shareholder's
      spouse or issue; or (ii) to a family partnership, limited liability company
      or
      similar entity of which the members are the foregoing persons.

    
      
        
        

      

      
        23

        
          

        

      

       

    

    

    (b) If
      Shareholders have not accepted such offer in writing within a period of ten
      (10)
      days from the date of receipt of the Co-Sale Notice, the such Key Shareholder
      shall thereafter be free for a period of ninety (90) days to sell the number
      of
      securities specified in the Co-Sale Notice, at a price no greater than the
      price
      set forth in the Co-Sale Notice and on otherwise no more favorable terms to
      such
      Key Shareholder than as set forth in the Co-Sale Notice, without any further
      obligation to Shareholders in connection with such sale. In the event that
      such
      Key Shareholder fails to consummate such sale within such ninety (90) day
      period, the Shareholders specified in the Co-Sale Notice shall continue to
      be
      subject to this Section
      6.

    

    (c) If
      Shareholders accept such offering in writing within a ten (10) day period,
      then
      such acceptance shall be irrevocable unless Key Shareholder shall be unable
      to
      cause to be included in his sale the number of Exchange Shares held by
      Shareholders and set forth in the written acceptance. In the event, such Key
      Shareholder and Shareholders shall participate in the sale equally, with such
      Key Shareholder and Shareholders each selling half the number of such securities
      to be sold in the sale.

    

    7. Preemptive
      Rights.

    

    (a) Subject
      to the terms and conditions contained in this Section
      7,
      the
      Parent hereby grants to Shareholders a right of first offer with respect to
      future sales of shares ("New Issues") by the Parent. Shareholders shall be
      entitled to purchase such number of shares in each New Issue that is determined
      by multiplying the total number of shares in each New Issue by a fraction,
      the
      numeration of which is the number of Exchange Shares and the denominator of
      which is the total number of shares then held by all holders of shares as a
      group on a fully diluted basis.

    

    (b) Each
      time
      the Parent proposes to offer shares or securities convertible into shares for
      sale, the Parent shall first make an offering of such securities to the
      Shareholders by delivering to Shareholders a notice ("Offering Notice") stating
      (i) its bona fide intention to offer such securities, (ii) the number of
      securities proposed to be offered, and (iii) the price and terms upon which
      it
      proposes to offer such securities.

    

    (c) Within
      fourteen (14) calendar days following the delivery of the Offering Notice,
      Shareholders may elect to purchase or obtain, at the price and upon the terms
      specified in the Offering Notice, that number of shares of the New Issue
      determined as provided in Section
      7(a),
      by
      written notice of acceptance ("Acceptance Notice") to the
      Parent.

    
      
        
        

      

      
        24

        
          

        

      

       

    

    

    (d) The
      right
      of the first offer in this Section
      7
      shall
      not be applicable (a) to the issuance or sale of securities, or options
      therefor, pursuant to a bonus or option plan, or otherwise pursuant to the
      employment terms of an officer or employee, approved by the Parent's Board
      of
      Directors, or (b) to the issuance of securities in connection with a bona fide
      business acquisition of or by the Parent, whether by merger, consolidation,
      sale
      of assets, exchange of stock or otherwise.

     

    8. Taxes.
      

    

    (a) The
      parties acknowledge that NCI has elected to be treated as "S" Corporation under
      the provisions of Section
      1361
      of the
      Code with the result that the taxable income of NCI ("S Income") is taxed to
      the
      Shareholders for both federal and state income tax purposes. The Shareholders
      have computed that the sum of $1,577,785.00 is the aggregate estimated amount
      necessary to reimburse the Shareholders for all state and federal income taxes
      ("S Taxes") payable by the Shareholders with respect to NCI and NCCAC for the
      year ending December 31, 2005 and for the partial year ending as of the date
      of
      Closing by reason of the Shareholders reporting the S Income on their personal
      federal and state income tax returns ("Tax Amount"). At the Closing, the Parent
      and NCCAC
      Acquisition Co.
      shall
      deliver to the Shareholders the S Tax Taxes Reimbursement Note attached as
      Exhibit B to the NCCAC Agreement (the “S Tax Reimbursement Note”) in an amount
      equal to the Tax Amount. After
      the
      Shareholders have prepared their federal and state income tax returns for the
      years ending December 31, 2005 and for December 31, 2006, and the S Taxes
      attributable to the S Income are computed in accordance with the procedure
      set
      forth in subparagraph (b) of this Section 8, if the amount paid pursuant to
      the
      S Tax Reimbursement Note was not sufficient to fully reimburse the Shareholders
      for the total amount of the S Taxes, the Company shall make an additional
      distribution to the Shareholders in the amount of the deficiency: and if the
      amount paid pursuant to the S Tax Reimbursement Note was in excess of the actual
      S Taxes, the Shareholders shall reimburse the Company such excess amount.

    

    (b) For
      purposes of computing the amount of the S
      Taxes
      payable by the Shareholders, the Shareholders shall prepare their tax returns
      for the years ending December 31, 2005 and December 31, 2006 first with the
      inclusion of the S Income and next with the exclusion of the S Income and the
      difference of tax liabilities as shown on the respective returns shall be deemed
      to be the S Taxes.

    

    (c) In
      the
      event that the federal or state income tax returns for NCI for the years ending
      December 31, 2005 or December 31, 2006 are audited by the Internal Revenue
      Service or by any state revenue department and in the event adjustments are
      made
      on such tax returns by reason of such audits with the result that the
      Shareholders owe additional S Taxes, the Company covenants and agrees to
      promptly pay to the Shareholders an amount equal to the increase in the S Taxes.
      In the event the adjustments made on such tax returns by reason of such audits
      result in the S Taxes being reduced, the Shareholders covenant and agree to
      promptly refund to the Company funds in amount equal to the reduction in the
      S
      Taxes. 

    
      
        
        

      

      
        25

        
          

        

      

       

    

     

    (d) The
      Company and NCI agree to make available to the Shareholders, upon request from
      the Shareholders, all books and records of the Company and NCI that the
      Shareholders may need in order to complete their December 31, 2005 and December
      31, 2006 federal and state income tax returns and or to respond to any inquiries
      from any governmental authority relating to the tax returns or the operations
      of
      NCI prior to the Closing.

    

    (e) Notwithstanding
      anything to the contrary herein, any and all such tax reimbursement obligations
      to the Shareholders on the part of the Company and NCI shall be reduced
      dollar-for-dollar to the same and full extent of any and all cash distributions
      and/or cash withdrawals made by any and all of the Shareholders with respect
      to
      the year ending December 31, 2005 and through the partial year ended for
      2006 through the Closing Date other than distributions made to the Shareholders
      as employees (both salary and bonus) or distributions made to the Shareholders
      as repayment of Shareholder loans to NCI.

    

    9. Broker.
      The parties acknowledge that H&H Associates ("Broker") is entitled to a
      brokerage commission/finder's fee as a result of the transactions contemplated
      by this Agreement, and upon the Closing, the Company and Parent hereby agree
      to
      pay to Broker the sum of One Hundred Twenty-five Thousand Dollars ($125,000.00)
      in cash and Parent agrees to distribute to Broker that number of shares of
      the
      Parent's common stock which shall be equal to $125,000 as determined by
      reference to the Exchange Shares Stock Price; provided that the Broker confirms
      in writing that the Broker is an accredited investor, as that term is defined
      in
      Rules and Regulations of the Securities Act by reason of Rule 501(a)(3) and
      Broker completes such investment questionnaires and other written documentation
      as is reasonably requested by the Parent.

    

    10.
       Miscellaneous.

    

    (a)
       Notices.
      All notices or other communications required or permitted hereunder shall be
      in
      writing. Any notice, request, demand, claim or other communication hereunder
      shall be deemed duly given (i) if by personal delivery, when so delivered;
      (ii)
      if mailed, three (3) business days after having been sent by registered or
      certified mail, return receipt requested, postage prepaid and addressed to
      the
      intended recipient as set forth below; or (iii) if sent through an overnight
      delivery service in circumstances to which such service guarantees next day
      delivery, the day following being so sent to the address of the intended
      recipient as first set forth above. Any party may change the address to which
      notices and other communications hereunder are to be delivered by giving the
      other parties notice in the manner herein set forth.

    

    
      	
              Notice
                Address of Parent:

            	
              Manchester,
                Inc.

            
	 	
              100
                Crescent Court, 7th
                Floor

            
	 	
              Dallas,
                Texas 75201

            
	 	
              Attn:
                Richard D. Gaines

            
	 	
               
                Corporate Secretary

            

    

     

    
      
        
        

      

      
        26

        
          

        

      

       

    

    

    
      	
              Notice
                Address of Company:

            	
              Nice
                Cars Operations AcquisitionCo, Inc.

            
	 	
              100
                Crescent Court, 7th
                Floor

            
	 	
              Dallas,
                Texas 75201

            
	 	
              Attn:
                Richard D. Gaines

            
	 	
               
                Corporate Secretary

            
	 	 
	
              Notice
                Address of NCI:

            	
              Nice
                Cars,
                Inc.

            
	 	
              990
                Battlefield Parkway

            
	 	
              Fort
                Oglethorpe, Georgia 30742

            
	 	
              Attn:
                Ray Lyle

            
	 	 
	
              Notice
                Address of Shareholders:

            	
              Ray
                Lyle and Victoria Lyle

            
	 	
              1600
                Cannon Drive

            
	 	
              Fort
                Oglethorpe, Georgia 30742

            

    

     

    (b)
       Choice
      of
      Law. This Agreement shall be governed, construed and enforced in accordance
      with
      the laws of the State of New York and the federal laws of United States
      applicable therein, without giving effect to principles of conflicts of
      law.

    

    (c)
       Jurisdiction.
      The parties hereby irrevocably consent to the in personam jurisdiction of the
      state or federal courts located in the State of New York, in connection with
      any
      action or proceeding arising out of or relating to this Agreement or the
      transactions and the relationships established thereunder. The parties hereby
      agree that such courts shall be the venue and exclusive and proper forum in
      which to adjudicate such matters and that they will not contest or challenge
      the
      jurisdiction or venue of these courts.

    

    (d)
       Entire
      Agreement. This Agreement sets forth the entire agreement and understanding
      of
      the parties in respect of the transactions contemplated hereby and supersedes
      all prior and contemporaneous agreements, arrangements and understandings of
      the
      parties relating to the subject matter hereof. No representation, promise,
      inducement, waiver of rights, agreement or statement of intention has been
      made
      by any of the parties which is not expressly embodied in this Agreement, such
      other agreements, notes or instruments related to this transaction executed
      simultaneously herewith, or the written statements, certificates, schedules
      or
      other documents delivered pursuant to this Agreement or in connection with
      the
      transactions contemplated hereby.

    

    (e)
       Assignment.
      Each party's rights and obligations under this Agreement shall not be assigned
      or delegated, by operation of law or otherwise, without the other party's prior
      consent, and any such assignment or attempted assignment shall be void, of
      no
      force or effect, and shall constitute a material default by such
      party.

    
      
        
        

      

      
        27

        
          

        

      

       

    

    

    (f)
       Amendments.
      This Agreement may be amended, modified, superseded or cancelled, and any of
      the
      terms, covenants, representations, warranties or conditions hereof may be
      waived, only by a written instrument executed by each party, in the case of
      a
      waiver, by the party waiving compliance.

    

    (g)
       Waivers.
      The failure of any party at any time or times to require performance of any
      provision hereof shall in no manner affect the right at a later time to enforce
      the same. No waiver by any party of any condition, or the breach of any term,
      covenant, representation or warranty contained in this Agreement, whether by
      conduct or otherwise, in any one or more instances shall be deemed to be or
      construed as a further or continuing waiver of any such condition or breach
      or a
      waiver of any other term, covenant, representation or warranty of this
      Agreement.

    

    (h) Further
      Assurances.  The parties shall from time to time do and perform such
      additional acts and execute and deliver such additional documents and
      instruments as may be required or reasonably requested by any party to
      establish, maintain or protect its rights and remedies or to effect the purposes
      of this Agreement.  The Shareholders will assist the Company and the
      Parent, in each case at no cost to Shareholders, to obtain all necessary permits
      that require registration of the business of NCI as conducted immediately prior
      to the Closing in respect of continuation of such ordinary course of business
      following the Closing. Without limiting the foregoing, the parties shall
      promptly after Closing take commercially reasonable actions to cause the
      assignment to the Company of the leases set forth on Exhibit K attached hereto,
      which are in the name of one or more Shareholders to the Company, and such
      actions shall include, without limitation, obtaining the consent of landlords
      to
      the extent necessary under such leases. 

    

    (i) Counterparts;
      Interpretation.  This Agreement may be executed in any number of
      counterparts, each of which shall be deemed an original, and all of which shall
      constitute one and the same instrument.  All references to “material” or
“materiality” herein shall refer to matters, understandings, agreements,
      actions, courses of dealing, courses of operations, or events, which
      individually or in the aggregate exceed $200,000.  All references to
“knowledge” means those facts or circumstances actually known after due inquiry.
 No ambiguity in any provision hereof shall be construed against parties by
      reason of the fact it was drafted by such party or its counsel. References
      to
“including” means including without limiting the generality of any description
      preceding such term.  Nothing expressed or implied in this Agreement is
      intended, or shall be construed, to confer upon or give any person other than
      the parties any rights or remedies under or by reason of this Agreement.

    

    (j) Acceptance
      by Fax.
      This
      Agreement shall be accepted, effective and binding, for all purposes, when
      the
      parties shall have signed and transmitted to each other, by telecopier or
      otherwise, copies of the signature pages hereto.

    

    (k) Binding
      Effect; Benefits.
      This
      Agreement shall inure to the benefit of, and be binding upon, the parties hereto
      and their respective heirs, legal representatives, successors and permitted
      assigns. Nothing in this Agreement, express or implied, is intended to or shall
      confer upon any person other than the parties hereto, and their respective
      heirs, legal representatives, successors and permitted assigns, any rights,
      remedies, obligations or liabilities under, in connection with or by reason
      of
      this Agreement.

    
      
        
        

      

      
        28

        
          

        

      

       

    

     

    (l) Reporting.
      The Shareholders
      and NCI
      acknowledge that the Parent is a public Company subject to U.S. Federal
      securities laws. The Shareholders
      and NCI
      acknowledge that they will not engage in any trading in the Parent’s securities
      until after public announcement of the acquisition in form and date to be
      mutually agreed upon by the Shareholders
      and the
      Parent. The Shareholders furthermore agree to use commercially reasonable
      efforts to promptly comply and assist the Parent with any and all requests
      for
      information as necessary to comply with the Parent’s filing requirements with
      the U.S. Securities and Exchange Commission and the Parent’s public reporting
      obligations.

    

    [Signature
      Page Follows]

    
      
        
        

      

      
        29

        
          

        

      

       

    

    IN
      WITNESS WHEREOF, the parties hereto have duly executed this Agreement on the
      date first set forth above.

    

    
      	 	 	 
	 	
              MANCHESTER
                INC.

            
	 
 	 
 	 
 
	
            	By:  	/s/
              Richard Gaines   
	 	
              
                

              

              Name: Richard
                Gaines

              Title: Corporate
                Secretary

            

      	 	 	 
	 	
               

              NICE
                CARS OPERATIONS ACQUISITIONCO, INC.

            
	 
 	 
 	 
 
	
            	By:  	/s/
              Richard
              Gaines
	 	
              
                

              

              Name: Richard
                Gaines

              Title: Corporate
                Secretary

            

      	 	 	 
	 	
               

              NICE
                CARS, INC.

            
	 
 	 
 	 
 
	
            	By:  	/s/
              Ray
              Lyle
	 	
              
                

              

              Name: Ray
                Lyle

              Title: President

            

      	 	 	 
	 	
               

              SHAREHOLDERS
                OF NICE
                CARS, INC.

            
	 
 	 
 	
 
	
            	       	/s/
              Ray Lyle    
	 	
              
                

              

              Ray
                Lyle

            

      	 	 	 
	 	 	 
	
            	       	/s/
              Victoria
              Lyle
	 	
              
                

              

              Victoria
                Lyle

            

    

     

    
      
        
        

      

      
        -30-

        
          

        

      

      
        
        

      

    

     

    
      INDEX
        TO
        EXHIBITS AND SCHEDULES

      

      

      

      EXHIBIT
        A [INTENTIONALLY
        OMITTED]

      

      EXHIBIT
        B [INTENTIONALLY
        OMITTED]

      

      EXHIBIT
        C [INTENTIONALLY
        OMITTED]

      

      EXHIBIT
        D LIST
        OF
        INDIVIDUALS ENTERING INTO EMPLOYMENT AGREEMENTS WITH THE NICE CARS
        ENTITIES

      

      EXHIBIT
        E LIST
        OF
        AMOUNTS TO BE PAID TO SHAREHOLDERS AT CLOSING

      

      EXHIBIT
        F LIST
        OF
        RELEASES / CONSENTS / TERMINATIONS NEEDED AT CLOSING

      

      EXHIBIT
        G WUERSCH
        & GERING, LLP
        -
        OPINION LETTER

      

      EXHIBIT
        H CHAMBLISS,
        BAHNER & STOPHEL, P.C. - OPINION LETTER

      

      EXHIBIT
        I CONFLICTS

      

      EXHIBIT
        J REQUIRED
        CONSENT

      

      EXHIBIT
        K
POST-CLOSING
        LEASE ASSIGNMENTS

       

      SCHEDULE
        3.4(G) LIABILITIES
        AND OBLIGATIONS

      

      SCHEDULE
        3.4(H) NO
        UNDISCLOSED EVENTS OR CIRCUMSTANCES

      

      SCHEDULE
        3.4(I) LITIGATION
        AND OTHER PROCEEDINGS

      

      SCHEDULE
        3.4(K) COMPETING
        INTERESTS

      

      SCHEDULE
        3.4(L) ENVIRONMENTAL
        MATTERS

      

      SCHEDULE
        3.4(N) ABSENCE
        OF CERTAIN CHANGES AND EVENTS

      

      SCHEDULE
        3.4(O) ASSETS
        AND RIGHTS

      

      SCHEDULE
        3.4(P) TAXES

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      SCHEDULE
        3.4(Q) TRANSACTION
        WITH CERTAIN PERSONS

      

      SCHEDULE
        3.4(R) EMPLOYEE
        PLANS

      

      SCHEDULE
        3.4(T) PERMITS

      

      SCHEDULE
        3.4(X) BANK
        ACCOUNTS AND CREDIT CARDS

      

      ANNEX
        A
PLAN
        AND
        AGREEMENT OF MERGER OF FOREIGN CORPORATION INTO DELAWARE
        CORPORATION

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      EXHIBIT
        A

       

      [INTENTIONALLY
        OMITTED]

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        B

       

      [INTENTIONALLY
        OMITTED]

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        C

       

      [INTENTIONALLY
        OMITTED]

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        D

       

      LIST
        OF
        INDIVIDUALS ENTERING INTO 

      EMPLOYMENT
        AGREEMENTS 

      WITH
        THE
        NICE CARS ENTITIES

      

      

      

      
        	1.	
                Raymond
                  A. Lyle - President

              

      

      

      
        	2.	
                Victoria
                  E. Lyle - Secretary

              

      

      

      
        	3.	
                Raymond
                  A. Lyle, II - Corporate
                  Credit and Collections Manager

              

      

      

      
        	4.	
                Robert
                  Lyle - General
                  Manager

              

      

      

      
        	5.	
                Ginger
                  Bond - Human
                  Resources Manager

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      EXHIBIT
        E

       

      LIST
        OF
        AMOUNTS TO BE 

      PAID
        TO
        SHAREHOLDERS AT CLOSING

      

      

      

      
        	1.	
                Raymond
                  A. Lyle and Victoria E. Lyle -
                  $627,542.77

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      EXHIBIT
        F

       

      LIST
        OF
        RELEASES / CONSENTS / TERMINATIONS

      NEEDED
        AT
        CLOSING

      

      

      

      
        	1.	
                Gateway
                  Bank and Trust Company - Account No. [ *
                  ]

              

      

      

      
        	 	
                (a)

              	
                Loan
                  in the name of Nice Cars, Inc. and personally guaranteed by
                  Raymond A. Lyle, Sr.

              

      

      
        	
              	(b)	
                Line
                  of Credit in the amount of $[ * ]

              

      

      
        	 	
                (c)

              	
                Current
                  Balance - [ * ] paid at Closing.

              

      

      

      
        	2.	
                New
                  South Federal Savings Bank - Account No. [ *
                  ]

              

      

      

      
        	 	
                (a)

              	
                Loan
                  in the name of Nice Cars, Inc. and personally guaranteed by
                  Raymond A. Lyle, Sr.

              

      

      
        	
              	(b)	
                Floor
                  Plan Arrangement in the amount of [ *
                  ]

              

      

      
        	
              	(c)	
                Current
                  Balance - $0

              

      

      

      
        	3.	
                Leedom
                  Financial Services, Inc. 

              

      

      

      
        	
              	(a)	
                Commitment
                  to participate in installment
                  contracts

              

      

      
        	
              	(b)	
                Dated
                  01/13/05

              

      

      
        	 	
                (c)

              	
                Approximate
                  balance (09/25/05) - [ * ]- does not include interest rebate or
                  any
                  prepayment penalties - per diem - [ *
                  ]

              

      

      
        	 	
                (d)

              	
                Financial
                  Covenant (Section 12.6.18) "the control and ownership of the Seller
                  (NCCAC) and Dealer (Nice Cars) shall remain
                  unchanged"

              

      

      
        	 	
                (e)

              	
                Additional
                  Covenant (Section 15.2) "neither Dealer nor Seller may consolidate
                  with or
                  merge into any corporation or other entity or transfer its property
                  substantially as an entirety to any person unless the successor
                  party
                  unless" the surviving entity agrees to be bound by the Leedom financial
                  documents.

              

      

      
        	 	
                (f)

              	
                Prepayment
                  penalty (Section 19.1) - [ * ] percent [ * ]% of Commitment Amount
                  - not
                  the amount outstanding. Original Commitment Amount per document
                  was [ * ]
                  and per memo from Ray Lyle to Marvin Keith dated 12/13/05, Commitment
                  Amount had been increased to [ * ].

              

      

      

      
        	4.	
                Larry
                  Martin - Lease

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Ray Lyle d/b/a Nice
                  Cars

              

      

      
        	
              	(b)	
                Location
                  - Rome

              

      

      
        	
              	(c)	
                Date
                  of Lease 10/03/02 as amended by Lease Amendment dated
                  08/25/04

              

      

      
        	
              	(d)	
                Term
                  of Lease expires 10/31/10

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	
              	(e)	
                Rent
                  $[ * ] per month

              

      

      
        	
              	(f)	
                No
                  assignment or subletting without consent of
                  Lessor

              

      

      

      
        	5.	
                Larry
                  Martin - Lease

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Ray Lyle d/b/a Nice
                  Cars

              

      

      
        	
              	(b)	
                Location
                  - New Fort Oglethorpe lot

              

      

      
        	
              	(c)	
                Date
                  of Lease 03/16/04

              

      

      
        	
              	(d)	
                Term
                  of Lease expires 06/30/11 with two (2) five (5) year
                  options

              

      

      
        	
              	(e)	
                Rent
                  $[ * ] per month for the first 4 years, $[ * ] per month the last
                  3
                  years

              

      

      
        	
              	(f)	
                No
                  assignment or subletting without prior written consent of
                  Lessor

              

      

      

      
        	6.	
                DH
                  Howard Estate - Lease

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Nice Cars, Inc.

              

      

      
        	
              	(b)	
                Location
                  - Dalton

              

      

      
        	
              	(c)	
                Date
                  of Lease 07/23/03

              

      

      
        	
              	(d)	
                Term
                  of Lease expires 07/31/08

              

      

      
        	
              	(e)	
                Rent
                  $[ * ] per month - Annual CPI adjustment

              

      

      
        	
              	(f)	
                No
                  assignment or subletting without prior consent of
                  Lessor

              

      

      
        	
              	(g)	
                Signed
                  individually by Ray Lyle

              

      

      

      
        	7.	
                RN
                  Blevins - Lease

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Nice Cars, Inc.

              

      

      
        	
              	(b)	
                Location
                  - Hixson

              

      

      
        	
              	(c)	
                Date
                  of Lease 07/30/02 as amended by Amendment to Lease dated
                  08/14/04

              

      

      
        	 	
                (d)

              	
                Term
                  of Lease expires 07/31/07 with one (1) five (5) year option (rent
                  increases to $[ * ] per month)

              

      

      
        	
              	(e)	
                Rent
                  $[ * ] per month + payment of increase in
                  taxes

              

      

      
        	
              	(f)	
                No
                  assignment of subletting without consent of
                  Lessor

              

      

      
        	
              	(g)	
                Personal
                  guaranty of Ray Lyle

              

      

      

      
        	8.	
                Village
                  Developers - Lease

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Ray Lyle for Nice Cars,
                  Inc.

              

      

      
        	
              	(b)	
                Location
                  - Corporate Headquarters

              

      

      
        	
              	(c)	
                Date
                  of Lease 01/02/05

              

      

      
        	 	
                (d)

              	
                Term
                  of Lease expires 01/31/08 with one (1) three (3) year option (rent
                  increase to $[ * ] per month)

              

      

      
        	
              	(e)	
                Rent
                  $[ * ] per month

              

      

      
        	
              	(f)	
                No
                  assignment or subletting without consent of
                  Lessor

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	9.	
                Acuff
                  Group, LLC - Lease

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Nice Cars, Inc.

              

      

      
        	
              	(b)	
                Location
                  - Kimball

              

      

      
        	
              	(c)	
                Date
                  of Lease 06/01/03

              

      

      
        	
              	(d)	
                Term
                  of Lease expires 05/31/05 with five (5) one (1) year
                  option

              

      

      
        	
              	(e)	
                Rent
                  $[ * ] per month

              

      

      
        	 	
                (f)

              	
                Sublease
                  to Phillip Patrick effective 08/01/05 at $[ * ] per year annual
                  rent -
                  sublease specifically does not release Nice Cars, Inc. from its
                  lease
                  obligation

              

      

      
        	 	
                (g)

              	
                No
                  record of personal guaranty

              

      

      

      
        	10.	
                TNHJ
                  Properties - Lease

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Nice Cars, Inc.

              

      

      
        	
              	(b)	
                Location
                  5701 - 5703 Ringgold Road

              

      

      
        	
              	(c)	
                Date
                  of Lease 12/18/03

              

      

      
        	 	
                (d)

              	
                Term
                  of Lease expires 12/31/09 with three (3) five (5) year options
                  (rent
                  increasing during each renewal
                  option)

              

      

      
        	
              	(e)	
                Rent
                  $[ * ] per month

              

      

      
        	
              	(f)	
                No
                  assignment or subletting without consent of
                  Lessor

              

      

      
        	
              	(g)	
                Personal
                  Guaranty of Ray Lyle

              

      

      

      
        	11.	
                Harmon
                  - Lease

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Nice Cars, Inc.

              

      

      
        	
              	(b)	
                Location
                  - Storage lot / Lakeview Drive

              

      

      
        	
              	(c)	
                Date
                  of Lease 03/01/04

              

      

      
        	 	
                (d)

              	
                Term
                  of Lease expires 02/28/05 with five (5) one (1) year
                  options

              

      

      
        	
              	(e)	
                Rent
                  $[ * ] per month

              

      

      
        	
              	(f)	
                No
                  assignment or subletting without consent of
                  Lessor

              

      

      
        	
              	(g)	
                No
                  record of personal guaranty

              

      

      

      
        	12.	
                Adams
                  - Lease

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Nice Cars, Inc.

              

      

      
        	
              	(b)	
                Location
                  1421 Lafayette Road, Rossville,
                  Georgia

              

      

      
        	
              	(c)	
                Date
                  of Lease 05/22/01

              

      

      
        	 	
                (d)

              	
                Term
                  of Lease expires 06/01/06

              

      

      
        	
              	(e)	
                Rent
                  $[ * ] per month

              

      

      
        	
              	(f)	
                No
                  assignment or subletting without prior written consent of
                  Lessor

              

      

      
        	
              	(g)	
                No
                  record of personal guaranty

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	13.	
                Davis
                  - Lease

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Nice Cars, Inc.

              

      

      
        	
              	(b)	
                Location
                  - Fort Oglethorpe

              

      

      
        	
              	(c)	
                Date
                  of Lease 06/01/01

              

      

      
        	 	
                (d)

              	
                Term
                  of Lease expires 05/31/06

              

      

      
        	
              	(e)	
                Rent
                  $[ * ] per month

              

      

      
        	
              	(f)	
                Illegible

              

      

      
        
          
            	
                  	(g)	
                    No
                      record of personal
                      guaranty

                  

          

        

      

      

      
        	14.	
                Danneman
                  Sublease - Land:

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Nice Cars, Inc. and Nice Cars Capital Acceptance
                  Corporation

              

      

      
        	
              	(b)	
                Location
                  - Marietta, Georgia

              

      

      
        	
              	(c)	
                Date
                  of lease - July 11, 2006

              

      

      
        	
              	(d)	
                Term
                  of lease expires July 31, 2010 - One 36 month
                  option

              

      

      
        	
              	(e)	
                Rent
                  - $[ * ] per month

              

      

      
        	
              	(f)	
                Subject
                  to terms of original lease, original lease not attached to
                  sublease

              

      

      
        	
              	(g)	
                No
                  record of personal guaranty

              

      

      

      
        	15.	
                Danneman
                  Sublease - Building:

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Nice Cars, Inc. and Nice Cars Capital Acceptance
                  Corporation

              

      

      
        	
              	(b)	
                Location
                  - Marietta, Georgia

              

      

      
        	
              	(c)	
                Date
                  of lease - July 7, 2006

              

      

      
        	
              	(d)	
                Term
                  of lease - month to month until sublessee gives sublessor 30 days
                  notice
                  of termination

              

      

      
        	
              	(e)	
                Rent
                  - $[ * ] per month

              

      

      
        	
              	(f)	
                Subject
                  to terms of original lease, original lease not attached to
                  sublease

              

      

      
        	
              	(g)	
                No
                  record of personal guaranty

              

      

      

      
        	16.	
                ADT
                  Automotive - Baltimore / Washington Auto
                  Exchange

              

      

      

      
        	
              	(a)	
                Personal
                  Guaranty of Ray Lyle dated 10/12/98

              

      

      
        	
              	(b)	
                Guarantee
                  of financial obligations and odometer disclosure
                  statements

              

      

      
        	
              	(c)	
                Current
                  obligation per Ray Lyle - $0

              

      

      

      
        	17.	
                Bel
                  Air Auto Auction

              

      

      

      
        	
              	(a)	
                Personal
                  Guaranty of Ray Lyle dated 05/27/98

              

      

      
        	
              	(b)	
                Guarantee
                  of financial obligations and Guarantee's title to each
                  vehicle

              

      

      
        	
              	(c)	
                Current
                  obligation per Ray Lyle - $0

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	18.	
                ABC
                  - REDTOP Auto Auction

              

      

      

      
        	
              	(a)	
                Personal
                  Guaranty of Ray Lyle dated 12/16/05

              

      

      
        	 	
                (b)

              	
                Guarantee
                  of financial obligations and completeness and accuracy of each
                  odometer
                  disclosure statement

              

      

      
        	
              	(c)	
                Current
                  obligation per Ray Lyle - $0

              

      

      

      
        	19.	
                PADE
                  - Pennsylvania Auto Dealers Exchange,
                  Inc.

              

      

      

      
        	
              	(a)	
                Authorization
                  to Buy and Sell at PADE

              

      

      
        	
              	(b)	
                Authorization
                  and Disclaimer

              

      

      
        	 	
                (c)

              	
                "Dealership
                  agrees to provide to subscribing auto auction and/or auction access
                  on a
                  timely basis any significant changes relative to their business
                  including
                  to but not limited to information regarding licensees, banks and
                  dealer
                  representatives"

              

      

      
        	 	
                (d)

              	
                Current
                  obligation per Ray Lyle - $0

              

      

      

      
        	20.	
                Wells
                  Fargo Financial - Account No. [ * ]

              

      

      

      
        	
              	(a)	
                Equipment
                  Lease for surveillance equipment

              

      

      
        	
              	(b)	
                Lease
                  dated 12/03/03

              

      

      
        	
              	(c)	
                Payments
                  - 60 monthly payments of [ * ] per
                  month

              

      

      
        	
              	(d)	
                Assignment
                  provision - Nice Cars has "no right to sell, transfer, assign or
                  sublease
                  the equipment or this Lease"

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      EXHIBIT
        G

       

      WUERSCH
        & GERING, LLP
        -
        OPINION LETTER

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      EXHIBIT
        H

       

      CHAMBLISS,
        BAHNER & STOPHEL, P.C. - OPINION LETTER

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        I

       

      CONFLICTS

      

      
        	1.	
                All
                  items listed on Exhibit F to this Share Purchase and Exchange
                  Agreement.

              

      

      

      
        	2.	
                All
                  items listed on Schedule 3.4(t) to this Share Purchase and Exchange
                  Agreement.

              

      

      

      

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        J

       

      REQUIRED
        CONSENT

      

      
        	1.	
                All
                  items listed on Exhibit F to this Share Purchase and exchange
                  Agreement.

              

      

      

      
        	2.	
                All
                  items listed on Schedule 3.4(t) to this Share Purchase and Exchange
                  Agreement.

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      EXHIBIT
        K

       

      POST-CLOSING
        LEASE ASSIGNMENTS

       

      
        	1.	
                Larry
                  Martin - Lease

              

      

      

      
        	
              	(a)	
                Location
                  - Rome

              

      

      
        	
              	(b)	
                Date
                  of Lease 10/03/02 as amended by Lease Amendment dated
                  08/25/04

              

      

      
        	
              	(c)	
                Term
                  of Lease expires 10/31/10

              

      

      

      
        	2.	
                Larry
                  Martin - Lease

              

      

      

      
        	
              	(a)	
                Location
                  - New Fort Oglethorpe lot

              

      

      
        	
              	(b)	
                Date
                  of Lease 03/16/04

              

      

      
        	
              	(c)	
                Term
                  of Lease expires 06/30/11 with two (2) five (5) year
                  options

              

      

      

      
        	3.	
                RN
                  Blevins - Lease

              

      

      

      
        	
              	(a)	
                Location
                  - Hixson

              

      

      
        	
              	(b)	
                Date
                  of Lease 07/30/02 as amended by Amendment to Lease dated
                  08/14/04

              

      

      
        	 	
                (c)

              	
                Term
                  of Lease expires 07/31/07 with one (1) five (5) year option
                  

              

      

      

      
        	4.	
                Village
                  Developers - Lease

              

      

      

      
        	
              	(a)	
                Location
                  - Corporate Headquarters

              

      

      
        	
              	(b)	
                Date
                  of Lease 01/02/05

              

      

      
        	 	
                (c)

              	
                Term
                  of Lease expires 01/31/08 with one (1) three (3) year option
                  

              

      

      

      
        	5.	
                TNHJ
                  Properties - Lease

              

      

      

      
        	
              	(a)	
                Location
                  5701 - 5703 Ringgold Road

              

      

      
        	
              	(b)	
                Date
                  of Lease 12/18/03

              

      

      
        	 	
                (c)

              	
                Term
                  of Lease expires 12/31/08 with three (3) five (5) year options
                  

              

      

      

      
        	6.	
                D.
                  H. Howard Estate - Lease

              

      

      

      
        	
              	(a)	
                Location
                  - Dalton

              

      

      
        	
              	(b)	
                Date
                  of Lease - 07/23/03

              

      

      
        	
              	(c)	
                Term
                  of Lease expires 08/01/08 with one (1) five (5) year
                  renewal

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	7.	
                Acuff
                  Group, LLC - Lease

              

      

      

      
        	
              	(a)	
                Location
                  - Kimball

              

      

      
        	
              	(b)	
                Date
                  of Lease 06/01/03

              

      

      
        	
              	(c)	
                Term
                  of Lease expires 05/31/05 with five (5) one (1) year
                  option

              

      

      

      
        	8.	
                Harmon
                  - Lease

              

      

      

      
        	
              	(a)	
                Location
                  - Storage lot / Lakeview Drive

              

      

      
        	
              	(b)	
                Date
                  of Lease 03/01/04

              

      

      
        	 	
                (c)

              	
                Lease
                  expires 02/28/05 with five (5) one (1) year
                  options

              

      

      

      
        	9.	
                Adams
                  - Lease

              

      

      

      
        	
              	(a)	
                Location
                  1421 Lafayette Road, Rossville,
                  Georgia

              

      

      
        	
              	(b)	
                Date
                  of Lease 05/22/01

              

      

      
        	 	
                (c)

              	
                Term
                  of Lease expires 06/01/06

              

      

      

      
        	10.	
                Davis
                  - Lease

              

      

      

      
        	
              	(a)	
                Location
                  - Fort Oglethorpe

              

      

      
        	
              	(b)	
                Date
                  of Lease 06/01/01

              

      

      
        	 	
                (c)

              	
                Term
                  of Lease expires 05/31/06

              

      

      

      
        	11.	
                Danneman
                  Sublease - Land:

              

      

      

      
        	
              	(a)	
                Location
                  - Marietta, Georgia

              

      

      
        	
              	(b)	
                Date
                  of lease - July 11, 2006

              

      

      
        	
              	(c)	
                Term
                  of lease expires July 31, 2010 - One 36 month
                  option

              

      

      

      
        	12.	
                Danneman
                  Sublease - Building:

              

      

      

      
        	
              	(a)	
                Location
                  - Marietta, Georgia

              

      

      
        	
              	(b)	
                Date
                  of lease - July 7, 2006

              

      

      
        	
              	(c)	
                Term
                  of lease - month to month until sublessee gives sublessor 30 days
                  notice
                  of termination

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Schedule
        3.4(g)

      

      LIABILITIES
        AND OBLIGATIONS

      

      
        	
                1.

              	
                All
                  items listed on Exhibit F to the Share Purchase and Exchange
                  Agreement.

              

      

      

      
        	
                2.

              	
                Nice
                  Cars, Inc. and Nice Cars Capital Acceptance Corporation are subject
                  to a
                  pending audit by the Internal Revenue Service ("IRS") for the years
                  2002,
                  2003 and 2004. During the process of the audit, the IRS raised
                  an issue of
                  the amount of discount Nice Cars, Inc. takes at the time it sells
                  the
                  customers' financing packages to Nice Cars Capital Acceptance Corporation.
                  At one time, the IRS indicated that it was going to be the IRS's
                  position
                  that the discount should be deferred and not taken by Nice Cars,
                  Inc.
                  until such time as Nice Cars Capital Acceptance Corporation had
                  incurred
                  an actual loss on each customer's financial package. If the IRS
                  were to
                  prevail in its position that the discount be deferred, this would
                  have a
                  negative impact on Nice Cars, Inc. and Nice Cars Capital Acceptance
                  Corporation because this would cause Nice Cars, Inc. to record
                  a higher
                  net income in the year the customer's financial package is sold
                  to Nice
                  Cars Capital Acceptance Corporation. However, the IRS revenue agent
                  has
                  now orally advised the certified public accountant for Nice Cars,
                  Inc. and
                  Nice Cars Capital Acceptance Corporation that the IRS will not
                  raise the
                  issue of the deferral of the discount in the current audit for
                  years 2002,
                  2003 and 2004, and instead the IRS is agreeing to allow a [ * ]
                  percent [
                  * ]% discount. Until receipt of the revenue agent's report for
                  the audit
                  period 2002, 2003 and 2004, there can be no assurance that the
                  IRS will
                  not be raised the issue of the deferral of the discount. Also,
                  there can
                  be no assurance that the deferral of the discount will not be raised
                  in
                  audits of future years by the IRS.

              

      

      

      
        	
                3.

              	
                Estimated
                  Tennessee franchise and excise taxes for the period from
                  January 1, 2006 through the date of
                  closing

              

      

      

      
        	 	
                (a)

              	
                Nice
                  Cars, Inc. [ * ]

              

      

      
        	 	
                (b)

              	
                Nice
                  Cars, Capital Acceptance Corporation [ *
                  ]

              

      

      

      
        	
                4.

              	
                Estimated
                  Georgia income taxes for the period from January 1, 2006 through
                  the date of closing

              

      

      

      
        	 	
                (a)

              	
                Nice
                  Cars, Inc. [ * ]

              

      

      
        	 	
                (b)

              	
                Nice
                  Cars, Capital Acceptance Corporation [ *
                  ]

              

      

      

      
        	
                5.

              	
                Estimated
                  tax distribution due Ray and Victoria Lyle for the year ending
                  December 31, 2005 for the S-Corporation income taxable to Ray
                  and Victoria Lyle. 

              

      

      

      
        	 	
                (a)

              	
                Nice
                  Cars, Inc. [ * ]

              

      

      
        	 	
                (b)

              	
                Nice
                  Cars, Capital Acceptance Corporation [ *
                  ]

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      
        	
                6.

              	
                Estimated
                  tax reimbursement due Ray and Victoria Lyle for the period from
                  January 1, 2006 through the date of closing for the
                  S-Corporation income taxable to Ray and Victoria Lyle.
                  

              

      

      

      
        	 	
                (a)

              	
                Nice
                  Cars, Inc. [ * ]

              

      

      
        	 	
                (b)

              	
                Nice
                  Cars, Capital Acceptance Corporation [ *
                  ]

              

      

      

      
        	
                7.

              	
                Any
                  amounts or accruals due under any of the Employee Plans described
                  on
                  Schedule 3.4(r)

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Schedule
        3.4(h)

      

      No
        Undisclosed Events or Circumstances

      

      1. Nice
        Cars, Inc. and Nice Cars Capital Acceptance Corporation are subject to a
        pending
        audit by the Internal Revenue Service ("IRS") for the years 2002, 2003 and
        2004.
        During the process of the audit, the IRS raised an issue of the amount of
        discount Nice Cars, Inc. takes at the time it sells the customers' financing
        packages to Nice Cars Capital Acceptance Corporation. At one time, the IRS
        indicated that it was going to be the IRS's position that the discount should
        be
        deferred and not taken by Nice Cars, Inc. until such time as Nice Cars Capital
        Acceptance Corporation had incurred an actual loss on each customer's financial
        package. If the IRS were to prevail in its position that the discount be
        deferred, this would have a negative impact on Nice Cars, Inc. and Nice Cars
        Capital Acceptance Corporation because this would cause Nice Cars, Inc. to
        record a higher net income in the year the customer's financial package is
        sold
        to Nice Cars Capital Acceptance Corporation. However, the IRS revenue agent
        has
        now orally advised the certified public accountant for Nice Cars, Inc. and
        Nice
        Cars Capital Acceptance Corporation that the IRS will not raise the issue
        of the
        deferral of the discount in the current audit for years 2002, 2003 and 2004,
        and
        instead the IRS is agreeing to allow a [ * ] percent [ * ]% discount. Until
        receipt of the revenue agent's report for the audit period 2002, 2003 and
        2004,
        there can be no assurance that the IRS will not be raised the issue of the
        deferral of the discount. Also, there can be no assurance that the deferral
        of
        the discount will not be raised in audits of future years by the
        IRS.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      Schedule
        3.4(i)

      

      Litigation
        and Other Proceedings

       

      1. Ms.
        Lisa
        Henson made a request for arbitration in a letter dated December 28, 2005.
        In
        that letter, she asserted damages in excess of $250,000. Ms. Henson's claim
        relates to allegations that Nice Cars failed to comply with warranties in
        connection with the sale of a used car, which car has been repossessed by
        Nice
        Cars. Management of Nice Cars believe that Ms. Henson's claim is without
        merit
        and, even to the extent if she were successful, the damages sought are in
        excess
        of what she could reasonably be expected to recover. Ms. Henson has verbally
        agreed to settle her claim if Nice Cars agrees not to sue her or provide
        a
        negative report to any credit reporting agency. Counsel for Nice Cars sent
        Ms.
        Henson a mutual release and settlement agreement for her to sign to resolve
        this
        matter, but Nice Cars never received a signed copy from Ms. Henson.

      

      2. As
        of
        August 31, 2006, Nice Cars is a creditor in 496 bankruptcies. As a part of
        Nice
        Cars' ordinary business practices, it is usually paid through a bankruptcy
        plan
        determined by the Bankruptcy Trustee at a reduced interest rate or the
        underlying car will be returned back to it.

      

      3. Mr.
        Terrance Brown informed Nice Cars via letter of a potential claim involving
        an
        accident where he allegedly fell on the Nice Cars premises. To date, no further
        action has been taken by Mr. Brown in this matter and Nice Cars management
        believes the matter is complete.

      

      4. In
        the
        ordinary course of business, authorities for the State of Tennessee may take
        possession of a vehicle from a Nice Cars' customer in connection with the
        arrest
        of such customer. When this occurs, Nice Cars will send notice to the Tennessee
        Department of Safety-Legal Division reflecting its legal interest in such
        cars.
        In the ordinary course of business, the cars will either be returned to Nice
        Cars or Nice Cars will be paid as a creditor in the event of the disposal
        of
        such cars by the State. Currently, there are approximately five (5) cars
        that
        are in the possession of the Tennessee Department of Safety.

      

      5. Ms.
        Grace
        Connally has filed a claim against Nice Cars for a breach of contract. The
        claim
        is pending in Catoosa County Magistrate Court. Nice Cars would estimate that
        any
        potential liability would not exceed $2,500.

      

      6. Mr.
        Joshua Howard has filed a claim against Nice Cars for breach of contract
        based
        on Nice Cars' repossession of vehicle. Magistrate Court ruled in favor of
        Howard, but he case was appealed to Superior Court of Catoosa County. The
        claim
        is for approximately $1,000. 

      

      7. Ms.
        Rachel Hodges has filed a claim against Nice Cars for breach of contract.
        Mr.
        Hodges was awarded a default judgment in Hamilton County General Sessions
        Court.
        This case has been appealed to Circuit Court. This case involves a claim
        of
        about $10,000. 

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      8. Nice
        Cars
        is involved in a lien dispute involving a car purchased by April Bowling.
        This
        case was originally in Catoosa County Magistrate Court. It involves competing
        lien claims. The Magistrate Court ruled in favor of the mechanic in the amount
        of $1,960.00, and the case has been appealed to Catoosa Superior Court.

      

      9. Ms.
        Nina
        Nicole Fleming brought suit against Nice Cars in Hamilton County Sessions
        Court.
        However, a civil warrant was never served on Nice Cars. There have been no
        material developments in the case since that time. As of the current date,
        Nice
        Cars still has not been served with process in connection with this
        matter.

      

      10. On
        May
        25, 2006, Providence Washington sued Nice Cars alleging breach of contract
        by
        Nice Cars for failure to pay an adjusted premium. The parties have agreed
        to
        settle this suit for $16,000 and expect the suit to be dismissed once the
        release is executed and the settlement paid. 

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      Schedule
        3.4(k)

      

      Competing
        Interests

      

      The
        Shareholders have an ownership or similar interest in the following assets
        used
        in connection with the operation of the Business of NCCAC:

      

      
        	1.	
                Larry
                  Martin - Lease

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Ray Lyle d/b/a Nice
                  Cars

              

      

      
        	
              	(b)	
                Location
                  - Rome

              

      

      
        	
              	(c)	
                Date
                  of Lease 10/03/02 as amended by Lease Amendment dated
                  08/25/04

              

      

      
        	
              	(d)	
                Term
                  of Lease expires 10/31/10

              

      

      
        	
              	(e)	
                Rent
                  $[ * ] per month

              

      

      
        	
              	(f)	
                No
                  assignment or subletting without consent of
                  Lessor

              

      

      

      
        	2.	
                Larry
                  Martin - Lease

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Ray Lyle d/b/a Nice
                  Cars

              

      

      
        	
              	(b)	
                Location
                  - New Fort Oglethorpe lot

              

      

      
        	
              	(c)	
                Date
                  of Lease 03/16/04

              

      

      
        	
              	(d)	
                Term
                  of Lease expires 06/30/11 with two (2) five (5) year
                  options

              

      

      
        	 	
                (e)

              	
                Rent
                  $[ * ] per month for the first 4 years, $[ * ] per month the last
                  3
                  years

              

      

      
        	
              	(f)	
                No
                  assignment or subletting without prior written consent of
                  Lessor

              

      

      

      
        	3.	
                Village
                  Developers - Lease

              

      

      

      
        	
              	(a)	
                Lease
                  in the name of Ray Lyle for Nice Cars,
                  Inc.

              

      

      
        	
              	(b)	
                Location
                  - Corporate Headquarters

              

      

      
        	
              	(c)	
                Date
                  of Lease 01/02/05

              

      

      
        	 	
                (d)

              	
                Term
                  of Lease expires 01/31/08 with one (1) three (3) year option (rent
                  increase to $[ * ] per month)

              

      

      
        	
              	(e)	
                Rent
                  $[ * ] per month

              

      

      
        	
              	(f)	
                No
                  assignment or subletting without consent of
                  Lessor

              

      

      

      
        	4.	
                ADT
                  Automotive - Baltimore / Washington Auto
                  Exchange

              

      

      

      
        	
              	(a)	
                Personal
                  Guaranty of Ray Lyle dated 10/12/98

              

      

      
        	
              	(b)	
                Guarantee
                  of financial obligations and odometer disclosure
                  statements

              

      

      
        	
              	(c)	
                Current
                  obligation per Ray Lyle - $0

              

      

      

      
        	5.	
                Bel
                  Air Auto Auction

              

      

      

      
        	
              	(a)	
                Personal
                  Guaranty of Ray Lyle dated 05/27/98

              

      

      
        	
              	(b)	
                Guarantee
                  of financial obligations and Guarantee's title to each
                  vehicle

              

      

      
        	
              	(c)	
                Current
                  obligation per Ray Lyle - $0

              

      

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        	6.	
                ABC
                  - REDTOP Auto Auction

              

      

      

      
        	
              	(a)	
                Personal
                  Guaranty of Ray Lyle dated 12/16/05

              

      

      
        	 	
                (b)

              	
                Guarantee
                  of financial obligations and completeness and accuracy of each
                  odometer
                  disclosure statement

              

      

      
        	
              	(c)	
                Current
                  obligation per Ray Lyle - $0

              

      

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Schedule
        3.4(n)

      

      Absence
        of Certain Changes and Events

      

      1.    Capital
        Expenditures

      

      (a)    Opening
        of Marietta lot - leasehold improvements - approximate cost [ * ]

      

      (b)    Passtime
        devises - approximate cost - [ * ]

      

      2.    Nice
        Cars, Inc. and Nice Cars Capital Acceptance Corporation are subject to a
        pending
        audit by the Internal Revenue Service ("IRS") for the years 2002, 2003 and
        2004.
        During the process of the audit, the IRS raised an issue of the amount of
        discount Nice Cars, Inc. takes at the time it sells the customers' financing
        packages to Nice Cars Capital Acceptance Corporation. At one time, the IRS
        indicated that it was going to be the IRS's position that the discount should
        be
        deferred and not taken by Nice Cars, Inc. until such time as Nice Cars Capital
        Acceptance Corporation had incurred an actual loss on each customer's financial
        package. If the IRS were to prevail in its position that the discount be
        deferred, this would have a negative impact on Nice Cars, Inc. and Nice Cars
        Capital Acceptance Corporation because this would cause Nice Cars, Inc. to
        record a higher net income in the year the customer's financial package is
        sold
        to Nice Cars Capital Acceptance Corporation. However, the IRS revenue agent
        has
        now orally advised the certified public accountant for Nice Cars, Inc. and
        Nice
        Cars Capital Acceptance Corporation that the IRS will not raise the issue
        of the
        deferral of the discount in the current audit for years 2002, 2003 and 2004,
        and
        instead the IRS is agreeing to allow a [ * ] percent [ * ]% discount. Until
        receipt of the revenue agent's report for the audit period 2002, 2003 and
        2004,
        there can be no assurance that the IRS will not be raised the issue of the
        deferral of the discount. Also, there can be no assurance that the deferral
        of
        the discount will not be raised in audits of future years by the
        IRS.

      

      3.    Distributions
        made to Shareholders since August 31, 2006.

      

      (a)    Ray
        Lyle
        - partial repayment of shareholder debt in the amount of [ * ].

       

      (b)    Salary
        and monthly bonuses paid to Ray Lyle during September, 2006 in the ordinary
        course of business approximate amount [ * ].

       

      (c)    Salary
        and monthly bonuses paid to Victoria Lyle during September, 2006 in the ordinary
        course of business approximate amount [ * ].

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Schedule
        3.4(o)

      

      Assets
        and Rights

      

      1.    Wells
        Fargo Financial - Account No. [ * ]

      

      (a)    Equipment
        Lease for surveillance equipment

       

      (b)    Lease
        dated 12/03/03

       

      (c)    Payments
        - 60 monthly payments of [ * ] per month

       

      (d)    Assignment
        provision - Nice Cars has "no right to sell, transfer, assign or sublease
        the
        equipment or this Lease"

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Schedule
        3.4(p)

      

      Taxes

      

      1. Nice
        Cars, Inc. and Nice Cars Capital Acceptance Corporation are subject to a
        pending
        audit by the Internal Revenue Service ("IRS") for the years 2002, 2003 and
        2004.
        During the process of the audit, the IRS raised an issue of the amount of
        discount Nice Cars, Inc. takes at the time it sells the customers' financing
        packages to Nice Cars Capital Acceptance Corporation. At one time, the IRS
        indicated that it was going to be the IRS's position that the discount should
        be
        deferred and not taken by Nice Cars, Inc. until such time as Nice Cars Capital
        Acceptance Corporation had incurred an actual loss on each customer's financial
        package. If the IRS were to prevail in its position that the discount be
        deferred, this would have a negative impact on Nice Cars, Inc. and Nice Cars
        Capital Acceptance Corporation because this would cause Nice Cars, Inc. to
        record a higher net income in the year the customer's financial package is
        sold
        to Nice Cars Capital Acceptance Corporation. However, the IRS revenue agent
        has
        now orally advised the certified public accountant for Nice Cars, Inc. and
        Nice
        Cars Capital Acceptance Corporation that the IRS will not raise the issue
        of the
        deferral of the discount in the current audit for years 2002, 2003 and 2004,
        and
        instead the IRS is agreeing to allow a [*] percent [ * ]% discount. Until
        receipt of the revenue agent's report for the audit period 2002, 2003 and
        2004,
        there can be no assurance that the IRS will not be raised the issue of the
        deferral of the discount. Also, there can be no assurance that the deferral
        of
        the discount will not be raised in audits of future years by the
        IRS.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Schedule
        3.4(q)

      

      Transaction
        With Certain Persons

      

      1. Certain
        of the leases listed on Exhibit K (items 4 through 20) are in the name of
        Ray
        Lyle but the leased premises are used for the benefit of the NCCAC. Ray Lyle
        will execute any and all documents necessary to convey all of his rights,
        title
        and interest under the lease to the Company.

      

      2. Certain
        of the auto auction agreements have been personally guaranteed by Ray Lyle
        (see
        Exhibit F items 16 through 19).

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Schedule
        3.4(r)

      

      Employee
        Plans

      

      1.    Holidays:

      

      NCCAC
        observes 6 paid holidays per year, which are: New Year's Day, Memorial Day,
        Independence Day, Labor Day, Thanksgiving Day, and Christmas Day. Hourly
        employees must be employed 90 days prior to the holiday to receive holiday
        pay.
        All employees must work the scheduled day before and after the holiday to
        be
        eligible to receive holiday pay. Part time employees are not eligible to
        receive
        holiday pay.

      

      2.    Vacations:

      

      Employees
        will receive [ * ] week after one year, [ * ] weeks after [ * ] years, [
        * ]
        weeks after [ * ] years, [ * ] weeks after [ * ] years. Supervisor approval
        must
        be obtained for scheduling of vacation period. Vacations must be taken, they
        cannot be carried over to the following year. Any employee who resigns or
        is
        discharged will not receive pay for the unused vacation earned. Employees
        may
        receive pay in lieu of vacation time with supervisor approval. Pay will be
        based
        on [ * ] employment for commissioned sales personnel.

      

      3.    Sick
        Pay:

      

      The
        company provides sick pay of [ * ] day after one year, [ * ] days after two
        years and [ * ] days after three years. Sick pay does not accumulate if not
        used
        and may not be paid in lieu of sick time.

      

      4.    Group
        Health & Life Insurance: [ * ]

      

       

      5.    Nice
        Cars, Inc. 401(k) Plan: [ * ]

      

      

      6.    Bonus
        Plans:

      

      (a)    Raymond
        A. Lyle receives a monthly bonus equal to 1.65% of Nice Cars' Net Pre-tax
        Income
        for the applicable month.

       

      (b)    Victoria
        E. Lyle receives a monthly bonus equal to 1.65% of Nice Cars' Net Pre-tax
        Income
        for the applicable month.

       

      (c)    Raymond
        A. Lyle, II receives a monthly bonus equal to 1.30% of Nice Cars' Net Pre-tax
        Income for the applicable month. Raymond A. Lyle, II receives an additional
        monthly bonus based upon Nice Cars Charge-Off Percentage (as follows). The
        amount of the monthly bonus shall be based upon the Nice Cars

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      Charge-Off
        Percentage for such month as follows: 3.00% or less equals an $8,000 bonus;
        3.01% to 3.25% equals a $7,000 bonus; 3.26% to 3.50% equals a $6,000 bonus;
        3.51% to 3.75% equals a $5,000 bonus; and 3.76% to 4.00% equals a $4,000
        bonus;
        4.01% to 4.25% equals a $3,000 bonus; 4.26% to 4.50% equals a $2,000 bonus;
        4.51% to 4.75% equals a $1,500 bonus; 4.76% to 5.00% equals a $1,000 bonus;
        and
        5.1% or more equals no bonus. 

       

      (d)    Robert
        Lyle receives
        a monthly bonus equal to 1.30% of Nice Cars' Net Pre-tax Income for the
        applicable month. Robert
        Lyle receives a monthly bonus equal to $40 per Net Unit Sold. 

       

      (e)    Ginger
        Bond receives a monthly bonus equal to 1.30% of Nice Cars' Net Pre-tax Income
        for the applicable month.

       

      (f)    All
        salaried employees participate in a [ * ] percent [ * ]% bonus plan in which
        [ *
        ] of the pretax profit earned by the Company each month is distributed to
        all
        salaried personnel at discretion of management.

       

      (g)    Other
        bonus plans for non-executive employees based on unit sales, collection activity
        and other incentives.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Schedule
        3.4(t)

      

      Permits

      

      1.    All
        Leases listed on Exhibit K (items 4 through 15) can not be assigned or assumed
        by the Company without Landlord's prior written consent.

      

      2.    The
        Company will need to apply for new auto auction licenses with the
        following:

      

      (a)    [
        *
        ]

      (b)    [
        *
        ]

      (c)    [
        *
        ]

      (d)    

      [
        *
        ]

      3.    The
        Company will need to file new applications with the states of Tennessee and
        Georgia for a Used Motor Vehicle Dealer License for each Nice Cars
        location.

      

      4.    The
        Company will need to file for local business licenses in each jurisdiction
        where
        it does business.

      

      5.    The
        Company will need to file sales tax registration application with Tennessee
        and
        Georgia Department of Revenue.

      

      6.    None
        of
        the permits or licenses of NCCAC are assignable to the Company.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      Schedule
        3.4(x)

      

      Bank
        Accounts and Credit Cards

      

      A.    Bank
        Accounts

      

      1.    Regions
        Bank

      

      (a)    Account
        Name : [
        *
        ]

      (b)    Account
        Number : [
        *
        ]

      (c)    Authorized
        Signers : [
        *
        ]      

      

      2.    Regions
        Bank

      

      (a)    Account
        Name : [
        *
        ]

      (b)    Account
        Number : [
        *
        ]

      (c)    Authorized
        Signers : [
        *
        ]

      

      3.    Regions
        Bank

      

      (a)    Account
        Name : [
        *
        ]

      (b)    Account
        Number : [
        *
        ]

      (c)    Authorized
        Signers : [
        *
        ]

      

      4.    Regions
        Bank

      

      (a)    Account
        Name : [
        *
        ]

      (b)    Account
        Number : [
        *
        ]

      (c)    Authorized
        Signers : [
        *
        ]

      

      5.    Regions
        Bank

      

      (a)    Account
        Name : [
        *
        ]

      (b)    Account
        Number : [
        *
        ]

      (c)    Authorized
        Signers : [
        *
        ]      

      

      6.    Regions
        Bank

      

      (a)    Account
        Name : [
        *
        ]

      (b)    Account
        Number : [
        *
        ]

      (c)    Authorized
        Signers : [
        *
        ]

       

      7.    Regions
        Bank

      

      (a)    Account
        Name : [
        *
        ]

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      (b)    Account
        Number : [
        *
        ]

      (c)    Authorized
        Signers : [
        *
        ]

       

      8.    Regions
        Bank

      

      (a)    Account
        Name : [
        *
        ]

      (b)    Account
        Number : [
        *
        ]

      (c)    Authorized
        Signers : [
        *
        ]

      

      9.    Regions
        Bank

      

      (a)    Account
        Name : [
        *
        ]

      (b)    Account
        Number : [
        *
        ]

      (c)    Authorized
        Signers : [
        *
        ]

      

      10.    Regions
        Bank

      

      (a)    Account
        Name : [
        *
        ]

      (b)    Account
        Number : [
        *
        ]

      (c)    Authorized
        Signers : [
        *
        ]

      

      B.    Credit
        Cards

      

      1.    American
        Express Executive Business Card

      

      (a)    Account
        Name : [
        *
        ]

      (b)    Account
        Number : [
        *
        ]

      

      2.    Platinum
        Plus for Business

      

      (a)    Account
        Name : [
        *
        ].

      (b)    Account
        Number : [
        *
        ]

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      ANNEX
        A

       

      PLAN
        AND
        AGREEMENT OF MERGER

      OF
        FOREIGN CORPORATION INTO

      DELAWARE
        CORPORATION

      

      (attached)

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      PLAN
        AND AGREEMENT OF MERGER

      OF
        FOREIGN CORPORATION INTO DELAWARE CORPORATION

      

      AGREEMENT
        OF MERGER made this 4th day of October, 2006, between Nice Cars, Inc., a
        Georgia
        Corporation (the “Georgia Corporation”), and Nice Cars Operations AcquisitionCo,
        Inc., a Delaware Corporation (the “Delaware Corporation”). 

      

      WHEREAS,
        the Georgia Corporation has an authorized capital stock consisting of 100,000
        shares of common stock, par value $.01 per share, of which 1,000 shares have
        been duly issued and are now outstanding (the “Georgia Corporation Shares”);

      

      WHEREAS,
        the Delaware Corporation has an authorized capital stock consisting of 100
        shares of common stock, par value $.01 per share (the "Common Stock") of
        which one
        hundred (100) shares have been validly
        issued, fully paid, are nonassessable and
        are
        now outstanding;

      

      WHEREAS,
        the Delaware Corporation is a wholly owned subsidiary of Manchester, Inc.,
        a
        Nevada corporation (the “Parent Corporation”);

      

      WHEREAS,
        the Parent Corporation has previously issued 618,750 shares of its common
        stock,
        par value $0.001 per share (“Parent Corporation Shares”) to the Delaware
        Corporation;

      

      WHEREAS,
        the Georgia Corporation and the Delaware Corporation intend, by approving
        resolutions authorizing this Agreement of Merger, to adopt this Agreement
        of
        Merger as a plan of reorganization within the meaning of Section 368(a) of
        the
        Internal Revenue Code of 1986, as amended (the "Code"), and the regulations
        promulgated thereunder; and 

      

      WHEREAS,
        the stockholders and directors of the Board of each of the Georgia Corporation
        and the Delaware Corporation deem it advisable and generally to the advantage
        and welfare of the two corporate parties that the Georgia Corporation merge
        into
        the Delaware Corporation as permitted under the provisions of Georgia Business
        Corporation Law and of the General Corporation Law of the State of Delaware.
        

      

      NOW,
        THEREFORE, in consideration of the premises and of the mutual agreements
        herein
        contained and of the mutual benefits hereby provided, it is agreed by and
        between the parties hereto as follows: 

      

      1.
        MERGER. The Georgia Corporation be, and it hereby is, merged into the Delaware
        Corporation. 

      

      2.
        EFFECTIVE DATE. This Agreement of Merger shall become effective immediately
        upon
        compliance with the laws of the States of Georgia and Delaware, the time
        of such
        effectiveness being hereinafter called the Effective Date. 

      

      3.
        SURVIVING CORPORATION. The Delaware Corporation shall survive the merger
        herein
        contemplated and shall continue to be governed by the laws of the State of
        Delaware, but the separate corporate existence of the Georgia Corporation
        shall
        cease as of the Effective Date. 

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      4.
        AUTHORIZED CAPITAL. The authorized capital stock of the Delaware Corporation
        following the Effective Date shall be one hundred (100) shares of Common
        Stock,
        par value $.01 per share, unless and until the same shall be changed in
        accordance with the laws of the State of Delaware. 

      

      5.
        CERTIFICATE OF INCORPORATION. The Certificate of Incorporation of the Delaware
        Corporation in effect immediately prior to the Effective Date shall continue
        in
        full force and effect as the Certificate of Incorporation of the Delaware
        Corporation as the surviving corporation at the Effective Date and following
        the
        Effective Date until the same shall be amended or repealed in accordance
        with
        the provisions thereof, which power to amend or repeal is hereby expressly
        reserved, and all rights or powers of whatsoever nature conferred in such
        Certificate of Incorporation or herein upon any shareholder or director or
        officer of the Delaware Corporation or upon any other persons whomsoever
        are
        subject to the reserve power. Such Certificate of Incorporation shall constitute
        the Certificate of Incorporation of the Delaware Corporation separate and
        apart
        from this Agreement of Merger and may be separately certified as the Certificate
        of Incorporation of the Delaware Corporation. 

      

      6.
        BYLAWS. The Bylaws of the Delaware Corporation as they exist on the effective
        date shall be the Bylaws of the Delaware Corporation following the Effective
        Date unless and until the same shall be amended or repealed in accordance
        with
        the provisions thereof. 

      

      7.
        BOARD
        OF DIRECTORS. The members of the Board of Directors of the Delaware Corporation
        immediately after the effective date of the merger shall be those persons
        who
        were the members of the Board of Directors of the Delaware Corporation
        immediately prior to the effective date of the merger, and such persons shall
        serve in such offices, respectively, for the terms provided by law or in
        the
        Certificate of Incorporation and/or the Bylaws, or until their respective
        successors are elected and qualified. 

      

      8.
        FURTHER ASSURANCE OF TITLE. If at any time the Delaware Corporation shall
        consider or be advised that any acknowledgments or assurances in law or other
        similar actions are necessary or desirable in order to acknowledge or confirm
        in
        and to the Delaware Corporation any right, title, or interest of the Georgia
        Corporation held immediately prior to the Effective Date. The Georgia
        Corporation and its proper officers and directors serving the Georgia
        Corporation immediately prior to the Effective Date shall and will execute
        and
        deliver all such acknowledgments or assurances in law and do all things
        necessary or proper to acknowledge or confirm such right, title, or interest
        in
        the Delaware Corporation as shall be necessary to carry out the purposes
        of this
        Agreement of Merger, and the Delaware Corporation and the proper officers
        and
        directors thereof are fully authorized to take any and all such action in
        the
        name of the Georgia Corporation or otherwise. 

      

      9.
        RETIREMENT OF ORGANIZATION STOCK. Forthwith upon the Effective Date, the
        authorized shares of common stock of the Georgia Corporation presently issued
        and outstanding shall be exchanged for 618,750 shares of common stock the
        Parent
        Corporation, which shall be delivered from the assets of the Delaware
        Corporation.

      

      10.
        CONVERSION OF OUTSTANDING STOCK. As of the Effective Date, each of the issued
        and outstanding shares of Common Stock of the Delaware Corporation and all
        rights in respect thereof shall continue in effect as fully paid and
        nonassessable shares of Common Stock of the Delaware Corporation, and each
        certificate nominally representing Georgia Corporation Shares shall become
        null

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      and
        void.
        The holders of such certificates shall surrender the same to the Delaware
        Corporation in exchange for the Parent Corporation Shares delivered from
        the
        assets of the Delaware Corporation. 

      

      11.
        RIGHTS AND LIABILITIES OF DELAWARE CORPORATION. At and after the Effective
        Date
        of the merger, the Delaware Corporation shall succeed to and possess, without
        further act or deed, all of the estate, rights, privileges, powers, and
        franchises, both public and private, and all of the property, real, personal,
        and mixed, of each of the parties hereto; all debts due to the Georgia
        Corporation or whatever account shall be vested in the Delaware Corporation;
        all
        claims, demands, property, rights, privileges, powers and franchises and
        every
        other interest of either of the parties hereto shall be as effectively the
        property of the Delaware Corporation as they were of the respective parties
        hereto; the title to any real estate vested by deed or otherwise in the Georgia
        Corporation shall not revert or be in any way impaired by reason of the merger,
        but shall be vested in the Delaware Corporation; all rights of creditors
        and all
        liens upon any property of either of the parties hereto shall be preserved
        unimpaired, limited in lien to the property affected by such lien at the
        effective time of the merger; all debts, liabilities, and duties of the
        respective parties hereto shall thenceforth attach to the Delaware Corporation
        and may be enforced against it to the same extent as if such debts, liabilities,
        and duties had been incurred or contracted by it; and the Delaware Corporation
        shall indemnify and hold harmless the officers and directors of each of the
        parties hereto against all such debts, liabilities and duties and against
        all
        claims and demands arising out of the merger. 

      

      12.
        SERVICE OF PROCESS ON DELAWARE CORPORATION. The Delaware Corporation agrees
        that
        it may be served with process in the State of Georgia in any proceeding for
        enforcement of any obligation of the Georgia Corporation as well as for the
        enforcement of any obligation of the Delaware Corporation arising from the
        merger, including any suit or other proceeding to enforce the right of any
        shareholder as determined in appraisal proceedings pursuant to the provisions
        of
        the Georgia Business Corporation Law. 

      

      13.
        TERMINATION. This Agreement of Merger may be terminated and abandoned by
        joint
        action of the Board of Directors of the Delaware Corporation and the Georgia
        Corporation at any time prior to the Effective Date, whether before or after
        approval by the shareholders of the two corporate parties hereto. 

      

      14.
        PLAN
        OF REORGANIZATION. This Agreement of Merger is intended to constitute a tax-free
        Plan of Reorganization under Section 368(a) of the Internal Revenue Code
        of
        1986, as amended, to be carried out in the manner, on the terms and subject
        to
        the conditions herein set forth.

      

      15.
        EXPENSES AND RIGHTS OF DISSENTING SHAREHOLDERS. The Delaware Corporation
        shall
        pay all expenses of carrying this Agreement of Merger into effect and of
        accomplishing the merger, including amounts, if any, to which dissenting
        shareholders of the Georgia Corporation may be entitled by reason of this
        merger. 

      

      [Signature
        Page Follows]

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

      

      IN
        WITNESS WHEREOF each of the corporate parties hereto has caused this Agreement
        of Merger to be executed by an authorized officer pursuant to authority duly
        granted by the respective stockholders and directors of the Board of each
        such
        corporation in accordance with Section 252 of Delaware General Corporation
        Law.

      

      NICE
        CARS, INC. 

      

      By: 
        /s/
        Raymond Lyle

      Name:
         Raymond
        Lyle

      Title: President

       

      

      NICE
        CARS
        OPERATIONS ACQUISITIONCO, INC.

      

      By: 
        /s/
        Richard Gaines

      Name:
         Richard
        Gaines

      Title:
         Corporate
        Secretary

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00111-of-00352.parquet"}]]