Document:

EXHIBIT 10.3

                         FORM OF SUBSCRIPTION AGREEMENT

THIS  PRIVATE  PLACEMENT  SUBSCRIPTION  AGREEMENT  RELATES  TO  AN  OFFERING  OF
SECURITIES IN AN OFFSHORE  TRANSACTION  TO PERSONS WHO ARE NOT U.S.  PERSONS (AS
DEFINED HEREIN) PURSUANT TO REGULATION S UNDER THE UNITED STATES  SECURITIES ACT
OF 1933, AS AMENDED (THE "1933 ACT").

NONE OF THE SECURITIES TO WHICH THIS PRIVATE  PLACEMENT  SUBSCRIPTION  AGREEMENT
(THE "SUBSCRIPTION  AGREEMENT") RELATES HAVE BEEN REGISTERED UNDER THE 1933 ACT,
OR ANY U.S.  STATE  SECURITIES  LAWS,  AND,  UNLESS SO  REGISTERED,  NONE MAY BE
OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES OR TO U.S. PERSONS
(AS DEFINED  HEREIN)  EXCEPT IN ACCORDANCE  WITH THE  PROVISIONS OF REGULATION S
UNDER THE 1933 ACT,  PURSUANT TO AN EFFECTIVE  REGISTRATION  STATEMENT UNDER THE
1933 ACT, OR PURSUANT TO AN AVAILABLE  EXEMPTION  FROM, OR IN A TRANSACTION  NOT
SUBJECT TO, THE REGISTRATION  REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY
IN ACCORDANCE  WITH  APPLICABLE  STATE  SECURITIES  LAWS.  IN ADDITION,  HEDGING
TRANSACTIONS  INVOLVING THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN ACCORDANCE
WITH THE 1933 ACT.

                                  CONFIDENTIAL
                    PRIVATE PLACEMENT SUBSCRIPTION AGREEMENT
                                 PRIVATE ISSUER
         (Subscribers Resident in British Columbia, Alberta or Overseas)

TO: Easy Cd Yearbook (the "Company")
    376  Panatella Blvd N.W
    Calgary, AB, T3K 0G7
    Canada

                               Purchase of Shares

1. SUBSCRIPTION

1.1 The undersigned (the  "Subscriber")  hereby  irrevocably  subscribes for and
agrees to purchase  from the Company,  on the basis of the  representations  and
warranties  and subject to the terms and  conditions  set forth herein,  _______
shares of common  stock (the  "Shares")  US $0.025 per Share (the  "Subscription
Price"), for the aggregate total purchase price of the undersigned subscriber of
US $_______ (the "Subscription Proceeds").

1.2 The Subscriber  acknowledges that the offering of Shares contemplated hereby
is part a private placement of Shares having an aggregate  subscription level of
US $100,000 (the "Offering"). The Offering is not subject to a minimum aggregate
subscription level.

1.3 The  Offering is only open to  residents  of British  Columbia , Alberta and
offshore investors.

2. PAYMENT

2.1 The Subscription Proceeds must accompany this Subscription and shall be paid
by  certified  cheque or bank draft drawn on a Canadian or U.S.  chartered  bank
reasonably  acceptable  to the Company,  and made  payable and  delivered to the
Company. Alternatively, the Subscription Proceeds may be wired to the Company or
its lawyers. If the funds are wired to the Company's lawyers,  those lawyers are
authorized to immediately deliver the funds to the Company.
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2.2 The Subscriber acknowledges and agrees that this Subscription Agreement, the
Subscription  Proceeds and any other documents  delivered in connection herewith
will be held on  behalf of the  Company.  In the  event  that this  Subscription
Agreement is not accepted by the Company for whatever reason,  which the Company
expressly  reserves  the  right  to do,  within  60 days of the  delivery  of an
executed Subscription Agreement by the Subscriber,  this Subscription Agreement,
the Subscription  Proceeds  (without  interest  thereon) and any other documents
delivered  in  connection  herewith  will be returned to the  Subscriber  at the
address of the Subscriber as set forth in this Subscription Agreement.

2.3 Where the  Subscription  Proceeds  are paid to the  Company,  the Company is
entitled to treat such  Subscription  Proceeds  as an interest  free loan to the
Company  until such time as the  Subscription  is accepted and the  certificates
representing  the Shares have been issued to the  Subscriber.  The Company  will
only expend the Subscription  Proceeds for or in conjunction with an acquisition
of a new business for the Company.

3. DOCUMENTS REQUIRED FROM SUBSCRIBER

3.1 The Subscriber must complete, sign and return to the Company

     (a)  an executed copy of this Subscription Agreement; and

     (b)  if the Subscriber is an B.C. Subscriber and an "Accredited  Investor",
          as that term is  defined in  Multilateral  Instrument  45-103  Capital
          Raising  Exemptions ("MI 45-103") adopted by securities  regulators in
          Canada,  the  form  of  questionnaire   attached  as  Exhibit  A  (the
          "Questionnaire").

3.2 The  Subscriber  shall  complete,  sign and return to the Company as soon as
possible, on request by the Company, any documents, questionnaires,  notices and
undertakings as may be required by regulatory authorities, and applicable law.

4. CLOSING

4.1 The closing (the  "Closing")  of the purchase and sale of the Shares,  shall
occur  simultaneously  with the  acceptance by the Company of the  undersigned's
subscription,  as evidenced  by the  Company's  execution  of this  Subscription
Agreement.

5. ACKNOWLEDGEMENTS OF SUBSCRIBER

5.1 The Subscriber acknowledges and agrees that:

     (a)  none of the Shares have been  registered  under the 1933 Act, or under
          any state  securities  or "blue  sky" laws of any state of the  United
          States,  and, unless so registered,  may not be offered or sold in the
          United States or,  directly or indirectly,  to U.S.  Persons,  as that
          term is defined in Regulation S under the 1933 Act  ("Regulation  S"),
          except in accordance  with the provisions of Regulation S, pursuant to
          an effective registration statement under the 1933 Act, or pursuant to
          an  exemption   from,  or  in  a  transaction   not  subject  to,  the
          registration  requirements  of the  1933  Act  and  in  each  case  in
          accordance with applicable state and provincial securities laws;

     (b)  the Subscriber  acknowledges that the Company has not undertaken,  and
          will have no obligation,  to register any of the Shares under the 1933
          Act; THERE IS NO TRADING MARKET FOR THE SHARES;

     (c)  by completing the  Questionnaire,  the Subscriber is representing  and
          warranting that the Subscriber is an Accredited Investor,  as the term
          is defined in MI 45-103;

     (d)  the decision to execute this  Subscription  Agreement  and acquire the
          Shares  hereunder  has  not  been  based  upon  any  oral  or  written
          representation  as to fact or  otherwise  made by or on  behalf of the
          Company,  and  such  decision  is  based  entirely  upon a  review  of
          information  (the receipt of which is hereby  acknowledged)  which has
          been provided by the Company to the Subscriber;

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     (e)  if the Company has  presented a business plan to the  Subscriber,  the
          Subscriber  acknowledges that the business plan may not be achieved or
          be  achievable;  the  Company is in a  start-up  phase and there is no
          assurance of success;

     (f)  no securities  commission or similar regulatory authority has reviewed
          or passed on the merits of the Shares;

     (g)  there is no government or other insurance covering any of the Shares;

     (h)  there are risks associated with an investment in the Shares;

     (i)  the  Company  has  advised  the B.C.  Subscribers  that the Company is
          relying  on  an  exemption  from  the   requirements  to  provide  the
          Subscriber  with a prospectus  and to sell the Shares through a person
          registered  to sell  securities  under  the  SECURITIES  ACT  (British
          Columbia) (the "B.C. Act") Alberta, and, as a consequence of acquiring
          the Shares pursuant to this exemption, certain protections, rights and
          remedies  provided by the B.C.  and Alberta Act,  including  statutory
          rights  of  rescission  or  damages,  will  not  be  available  to the
          Subscriber;

     (j)  the  Subscriber  has not  acquired the Shares as a result of, and will
          not itself  engage in, any "directed  selling  efforts" (as defined in
          Regulation  S under the 1933 Act) in the  United  States in respect of
          the Shares  which would  include  any  activities  undertaken  for the
          purpose  of, or that could  reasonably  be expected to have the effect
          of, conditioning the market in the United States for the resale of the
          Shares;  provided,  however, that the Subscriber may sell or otherwise
          dispose of the Shares pursuant to registration  thereof under the 1933
          Act and any applicable  state and provincial  securities laws or under
          an exemption from such registration requirements;

     (k)  the Subscriber and the  Subscriber's  advisor(s) have had a reasonable
          opportunity  to ask questions of and receive  answers from the Company
          in connection with the  distribution of the Shares  hereunder,  and to
          obtain additional  information,  to the extent possessed or obtainable
          without  unreasonable  effort or  expense,  necessary  to  verify  the
          accuracy of the information about the Company;

     (l)  the books and records of the Company were  available  upon  reasonable
          notice   for   inspection,    subject   to   certain   confidentiality
          restrictions,  by the Subscriber during  reasonable  business hours at
          its principal place of business, and all documents,  records and books
          in connection with the  distribution of the Shares hereunder have been
          made  available for  inspection by the  Subscriber,  the  Subscriber's
          lawyer and/or advisor(s);

     (m)  the Subscriber will indemnify and hold harmless the Company and, where
          applicable, its directors,  officers,  employees, agents, advisors and
          shareholders,  from and  against any and all loss,  liability,  claim,
          damage and expense whatsoever (including,  but not limited to, any and
          all  fees,  costs  and  expenses  whatsoever  reasonably  incurred  in
          investigating,  preparing  or  defending  against any claim,  lawsuit,
          administrative   proceeding  or  investigation  whether  commenced  or
          threatened)  arising  out  of or  based  upon  any  representation  or
          warranty  of  the  Subscriber  contained  herein  or in  any  document
          furnished  by the  Subscriber  to the Company in  connection  herewith
          being untrue in any  material  respect or any breach or failure by the
          Subscriber  to  comply  with any  covenant  or  agreement  made by the
          Subscriber to the Company in connection therewith;

     (n)  the Shares are not listed on any stock  exchange or  automated  dealer
          quotation system and no representation has been made to the Subscriber
          that any of the Shares  will  become  listed on any stock  exchange or
          automated dealer quotation system;

     (o)  for B.C. Subscribers, in addition to resale restrictions imposed under
          U.S.  securities  laws,  there  are  additional  restrictions  on  the
          Subscriber's  ability  to resell  the  Shares  under the B.C.  Act and
          Multilateral   Instrument  45-102  adopted  by  the  British  Columbia
          Securities Commission;

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     (p)  the Company  will refuse to  register  any  transfer of the Shares not
          made in accordance with the provisions of Regulation S, pursuant to an
          effective  registration statement under the 1933 Act or pursuant to an
          available exemption from the registration requirements of the 1933 Act
          and in accordance  with  applicable  state and  provincial  securities
          laws;

     (q)  the statutory and regulatory  basis for the exemption  claimed for the
          offer of the Shares,  although in technical compliance with Regulation
          S, would not be  available if the offering is part of a plan or scheme
          to evade the registration provisions of the 1933 Act or any applicable
          state and provincial securities laws;

     (r)  the Subscriber has been advised to consult the Subscriber's own legal,
          tax and other  advisors  with  respect  to the  merits and risks of an
          investment  in the  Shares  and  with  respect  to  applicable  resale
          restrictions,  and it is solely responsible (and the Company is not in
          any way responsible) for compliance with:

          (i)  any applicable  laws of the  jurisdiction in which the Subscriber
               is resident in  connection  with the  distribution  of the Shares
               hereunder, and

          (ii) applicable resale restrictions; and

     (s)  this  Subscription  Agreement  is not  enforceable  by the  Subscriber
          unless it has been accepted by the Company.

6. REPRESENTATIONS, WARRANTIES AND COVENANTS OF THE SUBSCRIBER

6.1 The  Subscriber  hereby  represents  and warrants to and covenants  with the
Company  (which  representations,  warranties  and  covenants  shall survive the
Closing) that:

     (a)  the Subscriber has the legal capacity and competence to enter into and
          execute this  Subscription  Agreement and to take all actions required
          pursuant  hereto and, if the Subscriber is a  corporation,  it is duly
          incorporated and validly subsisting under the laws of its jurisdiction
          of  incorporation  and  all  necessary  approvals  by  its  directors,
          shareholders and others have been obtained to authorize  execution and
          performance   of  this   Subscription   Agreement  on  behalf  of  the
          Subscriber;

     (b)  the entering into of this Subscription  Agreement and the transactions
          contemplated hereby do not result in the violation of any of the terms
          and  provisions of any law applicable to the Subscriber or the Company
          in the jurisdiction of the Subscriber's residence or of any agreement,
          written or oral,  to which the  Subscriber  may be a party or by which
          the Subscriber is or may be bound;

     (c)  the  Subscriber  has duly  executed and  delivered  this  Subscription
          Agreement  and it  constitutes  a valid and binding  agreement  of the
          Subscriber  enforceable  against the Subscriber in accordance with its
          terms;

     (d)  the  Subscriber is not acquiring the Shares for the account or benefit
          of, directly or indirectly, any U.S. Person;

     (e)  if the Subscriber is resident in British  Columbia or Alberta,  and is
          not an Accredited  Investor,  the  Subscriber is (CHECK ONE OR MORE OF
          THE FOLLOWING BOXES):

          (A)  a director,  officer, employee or control person of the       [ ]
               Company

          (B)  a spouse, parent, grandparent, brother, sister or child       [ ]
               of a director,  senior officer or control person of the
               Company

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          (C)  a close personal  friend of a director,  senior officer       [ ]
               or control person of the Company

          (D)  a  close  business  associate  of  a  director,  senior       [ ]
               officer or control person of the Company

     (f)  if the Subscriber has checked one or more of boxes B, C or D
          in  paragraph   6.1(e)  above,   the   director(s),   senior
          officer(s),  or control  person(s)  of the Company with whom
          the Subscriber has the relationship is :

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

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

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

          (FILL IN THE NAME OF EACH DIRECTOR.  SENIOR OFFICER AND CONTROL PERSON
          WHICH YOU HAVE THE ABOVE-MENTIONED RELATIONSHIP WITH).

     (g)  the Subscriber is not a U.S. Person;

     (h)  the  Subscriber  is  resident  in the  jurisdiction  set out under the
          heading "Name and Address of Subscriber" on the signature page of this
          Subscription Agreement;

     (i)  the sale of the  Shares  to the  Subscriber  as  contemplated  in this
          Subscription  Agreement complies with or is exempt from the applicable
          securities  legislation  of  the  jurisdiction  of  residence  of  the
          Subscriber;

     (j)  the  Subscriber  is acquiring the Shares for  investment  only and not
          with a view to resale or  distribution  and, in particular,  it has no
          intention  to  distribute  either  directly or  indirectly  any of the
          Shares in the United States or to U.S. Persons;

     (k)  the  Subscriber  is  outside  the United  States  when  receiving  and
          executing this  Subscription  Agreement and is acquiring the Shares as
          principal   for  the   Subscriber's   own  account   (except  for  the
          circumstances  outlined in paragraph  6.1(n)) for investment  purposes
          only,  and  not  with a view  to,  or  for,  resale,  distribution  or
          fractionalisation  thereof,  in whole or in part,  and no other person
          has a direct or indirect beneficial interest in such Shares;

     (l)  the  Subscriber  is not an  underwriter  of, or dealer  in, the common
          shares of the Company, nor is the Subscriber  participating,  pursuant
          to a contractual  agreement or otherwise,  in the  distribution of the
          Shares;

     (m)  the  Subscriber  (i)  is  able  to  fend  for  him/her/itself  in  the
          Subscription;  (ii) has such  knowledge  and  experience  in  business
          matters  as to be capable  of  evaluating  the merits and risks of its
          prospective  investment  in the  Shares;  and (iii) has the ability to
          bear the economic risks of its  prospective  investment and can afford
          the complete loss of such investment;

     (n)  if the  Subscriber is acquiring the Shares as a fiduciary or agent for
          one or more investor accounts:

          (i)  the Subscriber  has sole  investment  discretion  with respect to
               each such  account  and it has full  power to make the  foregoing
               acknowledgements,  representations  and  agreements  on behalf of
               such account, and

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          (ii) the  investor  accounts  for  which  the  Subscriber  acts  as  a
               fiduciary  or agent  satisfy  the  definition  of an  "Accredited
               Investor",  as the term is adopted by the  British  Columbia  and
               Alberta Securities Commissions;

     (o)  the Subscriber  acknowledges  that the Subscriber has not acquired the
          Shares as a result of, and will not  itself  engage in, any  "directed
          selling  efforts"  (as defined in  Regulation S under the 1933 Act) in
          the United  States in respect of the Shares  which  would  include any
          activities  undertaken for the purpose of, or that could reasonably be
          expected to have the effect of,  conditioning the market in the United
          States  for the  resale of the  Shares;  provided,  however,  that the
          Subscriber  may sell or  otherwise  dispose of the Shares  pursuant to
          registration of the Shares pursuant to the 1933 Act and any applicable
          state and provincial  securities  laws or under an exemption from such
          registration requirements and as otherwise provided herein;

     (p)  the Subscriber is not aware of any advertisement of any of the Shares;
          and

     (q)  no  person   has  made  to  the   Subscriber   any   written  or  oral
          representations:

          (i)  that any person will resell or repurchase any of the Shares;

          (ii) that any  person  will  refund the  purchase  price of any of the
               Shares;

          (iii) as to the future price or value of any of the Shares; or

          (iv) that any of the Shares  will be listed and posted for  trading on
               any stock exchange or automated  dealer  quotation system or that
               application  has been made to list and post any of the  Shares of
               the Company on any stock exchange or automated  dealer  quotation
               system.

7. ACKNOWLEDGEMENT AND WAIVER

7.1 The Subscriber has acknowledged that the decision to purchase the Shares was
solely made on the basis of available  information  provided to the  Subscriber.
The Subscriber hereby waives, to the fullest extent permitted by law, any rights
of withdrawal,  rescission or  compensation  for damages to which the Subscriber
might be entitled in connection with the distribution of the Shares.

8. LEGENDING OF SUBJECT SHARES

8.1 The Subscriber hereby acknowledges that that upon the issuance thereof,  and
until  such  time  as the  same  is no  longer  required  under  the  applicable
securities laws and regulations, the certificates representing any of the Shares
will bear a legend in substantially the following form:

     "THESE SECURITIES WERE ISSUED IN AN OFFSHORE TRANSACTION TO PERSONS WHO ARE
     NOT U.S.  PERSONS (AS DEFINED  HEREIN)  PURSUANT TO  REGULATION S UNDER THE
     UNITED  STATES  SECURITIES  ACT OF  1933,  AS  AMENDED  (THE  "1933  ACT").
     ACCORDINGLY,  NONE OF THE SECURITIES TO WHICH THIS CERTIFICATE RELATES HAVE
     BEEN REGISTERED UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES LAWS, AND,
     UNLESS SO REGISTERED,  NONE MAY BE OFFERED OR SOLD IN THE UNITED STATES OR,
     DIRECTLY OR INDIRECTLY, TO U.S. PERSONS (AS DEFINED HEREIN) EXCEPT PURSUANT
     TO AN EFFECTIVE REGISTRATION STATEMENT OR PURSUANT TO AN EXEMPTION FROM, OR
     IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION  REQUIREMENTS OF THE 1933
     ACT AND IN EACH CASE ONLY IN ACCORDANCE  WITH APPLICABLE  STATE  SECURITIES
     LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE
     CONDUCTED UNLESS IN ACCORDANCE WITH THE 1933 ACT."

8.2 The  Subscriber  hereby  acknowledges  and  agrees to the  Company  making a
notation on its records or giving  instructions  to the  registrar  and transfer
agent of the Company in order to  implement  the  restrictions  on transfer  set
forth and described in this Subscription Agreement.

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<PAGE>
8.3  Each  Subscriber  acknowledges  that  the  Shares  are  subject  to  resale
restrictions  in British  Columbia  and Alberta and may not be traded in British
Columbia except as permitted by the B.C. Act and the rules made  thereunder.  In
particular,  pursuant  to  Multilateral  Instrument  45-102,  as  adopted by the
British Columbia  Commission,  a subsequent trade in any of the Shares will be a
distribution  subject  to  the  prospectus  and  registration   requirements  of
applicable Canadian securities  legislation,  unless certain conditions are met,
including the following:

     (a)  at least four months (the  "Canadian  Hold Period") shall have elapsed
          from the date on which the Shares were issued to the Subscribers;

     (b)  during the  currency of the  Canadian  Hold  Period,  any  certificate
          representing  the Shares is  imprinted  with a legend  (the  "Canadian
          Legend") stating:

          "UNLESS  PERMITTED  UNDER  SECURITIES  LEGISLATION,  THE HOLDER OF THE
          SECURITIES SHALL NOT TRADE THE SECURITIES BEFORE [INSERT THE DATE THAT
          IS FOUR MONTHS AND A DAY AFTER THE DISTRIBUTION DATE."

     (c)  the trade is not a control  distribution  (as defined in  Multilateral
          Instrument 45-102);

     (d)  no unusual  effort is made to prepare the market or to create a demand
          for the Shares that are the subject of the trade;

     (e)  no  extraordinary  commission or  consideration is paid to a person or
          company in respect of the trade; and

     (f)  if the  selling  security  holder  is an  insider  or  officer  of the
          Company,  the selling  security  holder has no  reasonable  grounds to
          believe that the Company is in default of securities legislation.

8.4 By executing  and  delivering  this  Agreement,  each  Subscriber  will have
directed  the  Company not to include the  Canadian  Legend on any  certificates
representing the Shares to be issued to such Subscriber.  As a consequence,  the
Subscriber  will not be able to rely on the resale  provisions  of  Multilateral
Instrument  45-102,  and any subsequent  trade in the Shares during or after the
Canadian  Hold  Period  will be a  distribution  subject to the  prospectus  and
registration requirements of Canadian securities legislation, to the extent that
the trade is at that time subject to any such Canadian securities legislation.

9. COMMISSION TO THE AGENT

9.1 The  Subscriber  understands  that upon Closing the Company may, in its sole
discretion,  approve the  payment of a  commission  to an agent or agents,  such
commission to be  calculated on the basis of a percentage of the gross  proceeds
of the  Offering  raised  from  Subscribers  introduced  to the  Company by such
agent(s).

10. COSTS

10.1 The Subscriber  acknowledges and agrees that all costs
and expenses incurred by the Subscriber (including any fees and disbursements of
any special counsel retained by the Subscriber)  relating to the purchase of the
Shares shall be borne by the Subscriber.

11. GOVERNING LAW

11.1 This Subscription Agreement is governed by the laws of the State of Nevada.
The  Subscriber,  in its personal or corporate  capacity and, if applicable,  on
behalf of each beneficial  purchaser for whom it is acting,  irrevocably attorns
to the jurisdiction of the courts of the State of Nevada.

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12. SURVIVAL

12.1   This   Subscription   Agreement,   including   without   limitation   the
representations,  warranties and covenants  contained herein,  shall survive and
continue  in full  force and  effect  and be  binding  upon the  parties  hereto
notwithstanding  the  completion of the purchase of the Shares by the Subscriber
pursuant hereto.

13. ASSIGNMENT

13.1 This Subscription Agreement is not transferable or assignable.

14. SEVERABILITY

14.1 The  invalidity or  unenforceability  of any  particular  provision of this
Subscription  Agreement shall not affect or limit the validity or enforceability
of the remaining provisions of this Subscription Agreement.

15. ENTIRE AGREEMENT

16.  EXCEPT AS  EXPRESSLY  PROVIDED IN THIS  SUBSCRIPTION  AGREEMENT  AND IN THE
AGREEMENTS, INSTRUMENTS AND OTHER DOCUMENTS CONTEMPLATED OR PROVIDED FOR HEREIN,
THIS  SUBSCRIPTION  AGREEMENT  CONTAINS THE ENTIRE AGREEMENT BETWEEN THE PARTIES
WITH RESPECT TO THE SALE OF THE SHARES AND THERE ARE NO OTHER TERMS, CONDITIONS,
REPRESENTATIONS OR WARRANTIES,  WHETHER EXPRESSED,  IMPLIED, ORAL OR WRITTEN, BY
STATUTE OR COMMON LAW, BY THE COMPANY OR BY ANYONE ELSE.

17. NOTICES

17.1 All  notices  and other  communications  hereunder  shall be in writing and
shall be deemed to have been duly given if mailed or transmitted by any standard
form of  telecommunication.  Notices to the Subscriber  shall be directed to the
address on the signature page of this Subscription  Agreement and notices to the
Company  shall  be  directed  to it at  Easy CD  Yearbook  (the  "Company")  376
Panatella blvd NW, Calgary, AB T3K 0G7. Attention: President.

18. COUNTERPARTS AND ELECTRONIC MEANS

18.1 This Subscription  Agreement may be executed in any number of counterparts,
each of which, when so executed and delivered,  shall constitute an original and
all of which together shall  constitute one instrument.  Delivery of an executed
copy of this  Subscription  Agreement by electronic  facsimile  transmission  or
other means of electronic communication capable of producing a printed copy will
be deemed to be execution and delivery of this Subscription  Agreement as of the
date hereinafter set forth.

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19. DELIVERY INSTRUCTIONS

19.1 The Subscriber hereby directs the Company to deliver the Share Certificates
to:

     ---------------------------------------------------------------------------
     (name)

     ---------------------------------------------------------------------------
     (address)

19.2 The  Subscriber  hereby  directs  the  Company  to cause  the  Shares to be
registered on the books of the Company as follows:

     ---------------------------------------------------------------------------
     (name)

     ---------------------------------------------------------------------------
     (address)

IN WITNESS WHEREOF the Subscriber has duly executed this Subscription  Agreement
as of the date of acceptance by the Company.

                            ----------------------------------------------------
                            (Name of Subscriber - Please type or print)

                            ----------------------------------------------------
                            (Signature and, if applicable, Office)

                            ----------------------------------------------------
                            (Address of Subscriber)

                            ----------------------------------------------------
                            (City, State or Province, Postal Code of Subscriber)

                            ----------------------------------------------------
                            (Country of Subscriber)

                            ----------------------------------------------------
                            (Fax and/or E-mail Address of Subscriber)

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EXHIBIT A

                                                  QUESTIONNAIRE

The purpose of this  Questionnaire  is to assure the Company that the Subscriber
will meet certain  requirements for the  registration and prospectus  exemptions
provided  for under MI 45-103,  in respect of a proposed  private  placement  of
securities  by the Company  (the  "Transaction").  The Company  will rely on the
information   contained  in  this   Questionnaire   for  the  purposes  of  such
determination.

The  undersigned  Subscriber  covenants,  represents and warrants to the Company
that:

     1.   the  Subscriber  has such  knowledge  and  experience in financial and
          business  matters as to be capable of evaluating  the merits and risks
          of the  Transaction  and the  Subscriber  is able to bear the economic
          risk of loss arising from such Transaction;

     2.   the Subscriber  satisfies one or more of the categories of "accredited
          investor"  (as that term is  defined  in MI  45-103)  indicated  below
          (please check the appropriate box):

          [ ]  an  individual  who  beneficially  owns,  or who together  with a
               spouse  beneficially  own,  financial  assets  (as  defined in MI
               45-103) having an aggregate  realizable value that,  before taxes
               but net of any related liabilities, exceeds CDN. $1,000,000;

          [ ]  an  individual  whose  net  income  before  taxes  exceeded  CDN.
               $200,000 in each of the two more recent years or whose net income
               before taxes combined with that of a spouse exceeded  $300,000 in
               each of those years and who,  in either  case,  has a  reasonable
               expectation of exceeding the same net income level in the current
               year;

          [ ]  an  individual   registered  or  formerly  registered  under  the
               SECURITIES   ACT   (British   Columbia),   or  under   securities
               legislation   in   another   jurisdiction   of   Canada,   as   a
               representative  of a  person  or  company  registered  under  the
               SECURITIES   ACT   (British   Columbia),   or  under   securities
               legislation in another  jurisdiction of Canada,  as an adviser or
               dealer;

          [ ]  a  Canadian   financial   institution   as  defined  in  National
               Instrument  14-101,  or an  authorized  foreign  bank  listed  in
               Schedule III of the BANK ACT (Canada);

          [ ]  the Business  Development Bank of Canada  incorporated  under the
               BUSINESS DEVELOPMENT BANK ACT (Canada);

          [ ]  an association  under the  COOPERATIVE  CREDIT  ASSOCIATIONS  ACT
               (Canada) located in Canada;

          [ ]  a subsidiary  of any company  referred to in any of the foregoing
               categories,  where the company owns all of the voting  securities
               of the subsidiary,  except the voting securities  required by law
               to be owned by directors of that subsidiary;

          [ ]  a person or company  registered under the SECURITIES ACT (British
               Columbia),   or   under   securities   legislation   of   another
               jurisdiction of Canada, as an adviser or dealer;

          [ ]  a pension  fund that is  regulated  by either  the  Office of the
               Superintendent of Financial Institutions (Canada) or a provincial
               pension commission or similar regulatory authority;

                                       10
<PAGE>
          [ ]  an entity organized in a foreign  jurisdiction  that is analogous
               to any  of  the  entities  referred  to in  any of the  foregoing
               categories in form and function;

          [ ]  the government of Canada or a province,  or any crown corporation
               or agency of the government of Canada or a province;

          [ ]  a municipality, public board or commission in Canada;

          [ ]  a national, federal, state, provincial,  territorial or municipal
               government  of or in any  foreign  jurisdiction,  or  any  agency
               thereof;

          [ ]  a registered charity under the INCOME TAX ACT (Canada);

          [ ]  a   corporation,    limited   partnership,    limited   liability
               partnership,  trust  or  estate,  other  than a  mutual  fund  or
               non-redeemable  investment  fund, that had net assets of at least
               CDN.  $5,000,000  as  reflected  on its  most  recently  prepared
               financial statements;

          [ ]  a mutual fund or non-redeemable  investment fund that, in British
               Columbia,  distributes it securities only to persons or companies
               that are accredited investors;

          [ ]  a mutual fund or non-redeemable  investment fund that, in British
               Columbia, distributes its securities under a prospectus for which
               a  receipt  has been  issued  by the  executive  director  of the
               British Columbia Securities Commission; or

          [ ]  a person or  company  in  respect  of which all of the  owners of
               interests,  direct or indirect, legal or beneficial,  are persons
               or companies that are accredited investors.

The  Subscriber  acknowledges  and agrees that the Subscriber may be required by
the  Company to  provide  such  additional  documentation  as may be  reasonably
required by the Company and its legal counsel in  determining  the  Subscriber's
eligibility.

IN WITNESS  WHEREOF,  the undersigned has executed this  Questionnaire as of the
____ day of _______________________ , 2008.

If a Corporation, Partnership or               If an Individual:
Other Entity:

---------------------------------              ---------------------------------
Print or Type Name of Entity                   Signature

---------------------------------              ---------------------------------
Signature of Authorized Signatory              Print or Type Name

---------------------------------
Type of Entity

                                       11
<PAGE>
                                   ACCEPTANCE

The above  mentioned  Subscription  Agreement in respect of the Shares is hereby
accepted by the Company.

DATED at Calgary, the __st day of ____ , 2008.

EASY CD YEARBOOK INC

-----------------------------------
Almaymoon Mawji
President

                                       12Exhibit 10.1

    
      	 	
            Commercial Note

            Florida

          

    

    
      	
            Borrower:  LRM Industries, LLC

          	
            Date: June 19, 2008

          
	
            Borrower's Address: 135 Gus Hipp Boulevard, Rockledge, Florida 32955

          
	
            Loan Amount: One Million Five Hundred Fifty Thousand and no /100 Dollars ($1,550,000.00)

          
	
            Account Number                                       

          	
            Note Number                                                         

          	
            Officer: Chris Campanaro,

                         Vice President

          

    

    For value received, the borrower(s) named above, whether one or more (the "Borrower"), jointly and severally promise to pay to the order of SunTrust Bank, a Georgia banking corporation ("SunTrust") at any of its offices, or at such place as SunTrust may in writing designate, without offset in U.S. Dollars in immediately available funds, the Loan Amount shown above, or the total of all amounts advanced under this commercial note and any modifications, renewals, extensions or replacements thereof (this "Note")  if less than the full Loan Amount is advanced, plus interest and any other amounts due, upon the terms specified below.

    Loan Type:              

    
      Revolving Master Borrowing Note With Maturity Date

    

    Repayment Terms:        

    
      This is an open end revolving line of credit. Borrower may borrow an aggregate principal amount up to the Loan Amount outstanding at any one time.

      Principal is due and payable in full on the Maturity Date, but the Borrower shall be liable for only so much of the Loan Amount as shall be equal to the total amount advanced to the Borrower by SunTrust from time to time, less all payments made by or for the Borrower and applied by SunTrust to principal. Advances under this Note shall be recorded and maintained by SunTrust in its internal records and such records shall be conclusive of the principal and interest owed by Borrower unless there is a material error in such records. Accrued interest will be payable on the 23rd day of each month beginning on July 23, 2008, with all unpaid accrued interest due and payable on the Maturity Date.

      Maturity Date means June 23, 2009, or such date to which this Note may be extended or renewed in the sole discretion of SunTrust by written notice from SunTrust to Borrower.

    

    Additional Terms And Conditions

    This Note is governed by additional terms and conditions contained in an Agreement to Commercial Note between the Borrower and

    SunTrust dated June 19, 2008 and any modifications, renewals, extensions or replacements thereof (the "Agreement").  In the event of a conflict between any term or condition contained in this Note and in the Agreement, such term or condition of the Agreement shall control.

    Interest

    Interest will accrue on an actual/360 basis (on the number of days elapsed over a year of 360 days). Interest shall accrue from the date of disbursement on the unpaid balance and shall continue to accrue until this Note is paid in full.

    This is a variable rate transaction.  Without prior notice, and subject to the above, interest per annum payable on this Note (the "Rate") shall be a variable rate based on the following Index:

    The one month Libor Rate as defined on the attached Addendum A, LIBOR Index Rate Addendum.

    The Rate shall be equal to the Index plus 1.250% per annum. Adjustments to the Rate Shall be effective monthly on the same day of each month beginning July 1, 2008 or the next business day if such date does not fall on a business day.

    The Rate shall not exceed 18.00% if the Loan Amount is $500,000 or less, or 24% if the Loan Amount is over $500,000.

    Renewal

    This Note represents a renewal and amendment of Note Number 0000000-00 in the original principal amount of $550,000.00 and consolidation with that certain future advance of even date hereof in the original principal amount of $1,000,000.00.

    Collateral

    To the extent permitted by law, the Borrower grants to SunTrust a security interest in and a lien upon all deposits or investments maintained by the Borrower with SunTrust and any affiliates thereof.

    The collateral for this Note includes, but is not limited to, the following:

    Standby Letter of Credit in the amount of $1,550,000.00 (USD) issued by The Toronto-Dominion Bank with SunTrust as beneficiary.

    All of the foregoing security is referred to collectively as the "Collateral". The Collateral is security for the payment of this Note, including any extensions, modifications or renewals. The proceeds of any Collateral may be applied against the liabilities of the Borrower to SunTrust in such order as SunTrust deems proper.

    Loan Purpose And Updated Financial Information Required

    The Borrower warrants and represents that the loan evidenced by this Note is being made solely for the purpose of acquiring or carrying on a business, professional or commercial activity or acquiring real or personal property as an investment (other than a personal investment) or for carrying on an investment activity (other than a personal investment activity). The Borrower agrees to provide to SunTrust updated financial information, including, but not limited to, tax returns, current financial statements in form satisfactory to SunTrust, as well as additional information, reports or schedules (financial or otherwise), all as SunTrust may from time to time reasonably request.

    Representations and Warranties

    This Note has been duly executed and delivered by Borrower, constitutes Borrower's valid and legally binding obligations and is enforceable in accordance with its terms against Borrower.  The execution, delivery and performance of this Note and the consummation of the transaction contemplated will not, with or without the giving of notice or the lapse of time, (a) violate any material law applicable to Borrower, (b) violate any judgment, writ, injunction or order of any court or governmental body or officer applicable to Borrower, (c) violate or result in the breach of any material agreement to which Borrower is a party nor (d) violate Borrower's charter or bylaws as applicable. No consent, approval, license, permit or other authorization of any third party or any governmental body or officer is required for the valid and lawful execution and delivery of this Note.

    Default, Acceleration And Setoff

    This section is not applicable to notes payable on demand.

    An "event of default" shall occur hereunder upon the occurrence of any one or more of the following events or conditions:

    
      a.       the failure by any Obligor (as defined below) to pay when due, whether by acceleration or otherwise, any amount owed under this Note and such default continues for a period of ten (10) days after notice is given to the Borrower by SunTrust specifying such default and requiring it to be remedied;. 

      b.       the occurrence of any event of default under any agreement or loan document executed in conjunction with this Note;

      c.        the breach of any of Obligor's representation or warranties in this Note or any other agreement with Sun Trust executed in conjunction with this Note:

      d.       the failure of any Obligor to pay when due after the expiration of any applicable grace and cure periods any amount owed to any creditor in excess of Fifty Thousand and no/100 Dollars ($50,000.00) other than SunTrust under a written agreement calling for the payment of money;

      e.       the death, declaration of incompetency, dissolution, liquidation, merger, consolidation, termination or suspension of usual business of any Obligor;

      f.         other than NOVA Chemicals, Inc., or an affiliate of NOVA Chemicals Inc., any person or entity, or any group of related persons or entities, shall have or obtain legal or beneficial ownership of a majority of the outstanding voting securities or rights of any Obligor that is not a natural person, other than any person or entity, or any group of related persons or entities that has such majority ownership as of the date of this Note;

      g.       the insolvency or inability to pay debts as they mature of any Obligor, the application for the appointment of a receiver for any Obligor, the filing of a petition or the commencement of a proceeding by or against any Obligor under any provision of any applicable Bankruptcy Code or other insolvency law or statute, or any assignment for the benefit of creditors by or against any Obligor;

      h.       the entry of a judgment against any Obligor involving in the aggregate a liability (not paid or fully covered by insurance) of $50,000.00 or more, or the issuance or service of any attachment, levy or garnishment against any Obligor or the property of any Obligor or the repossession or seizure of property of any Obligor;

      i.         a determination by SunTrust that a material adverse change in the financial condition of any Obligor has occurred since the date of this Note;

      j.         any Obligor commits fraud or makes a material misrepresentation at any time in connection with this Note or any Collateral;

      k.        any deterioration or impairment of the Collateral or any decline or depreciation in the value of the Collateral which causes the Collateral in the judgment of SunTrust to become unsatisfactory as to character or value;

      l.         the sale or transfer by any Obligor of all or substantially all of such Obligor's assets other than in the ordinary course of business;

      m.     any other act or circumstances leading SunTrust to deem itself insecure, including a default by Toronto-Dominion Bank under the terms of the Standby Letter of Credit described above.

    

    SunTrust shall not be obligated to fund this Note or make any advance under this Note if an event of default exists or would exist if such funding occurred or such advance made.  Upon the occurrence of an event of default, SunTrust shall, at its option, have the remedies provided herein and by any other agreement between SunTrust and any Obligor or under applicable law, including without limitation, declaring the entire outstanding principal balance, together with all interest thereon and any other amounts due under this Note, to be due and payable immediately without presentment, demand, protest, or notice of any kind, except notice required by law.  Upon the occurrence of an event of default under section g above, the entire outstanding principal balance, together with all interest thereon and any other amounts due under this Note, shall automatically become due and payable without presentment, demand, protest, or notice of any kind except notice required by law, and SunTrust's obligation to make advances under this Note shall automatically terminate without notice or further action by SunTrust. Upon the occurrence of an event of default, as of the date of such event of default, SunTrust shall be entitled to interest on the unpaid balance of this Note at the lesser of (a) the Rate plus 4.00% per annum or (b) the maximum rate allowed by law (the "Default Rate") until paid in full. To the extent permitted by law, upon default SunTrust will have the right, in addition to all other remedies provided herein, to set off the amount due under this Note or due under any other obligation to SunTrust against any and all accounts, whether checking or savings or otherwise, credits, money, stocks, bonds or other security or property of any nature whatsoever on deposit with, held by, owed by, or in the possession of, SunTrust to the credit of or for the account of any Obligor, without notice to or consent by any Obligor. The remedies provided in this Note and any other agreement between SunTrust and any Obligor and by applicable law are cumulative and not exclusive of any other remedies provided by law.

    Setoff and Other Remedies Applicable to Notes Payable on Demand

    To the extent permitted by law, if payment is not made upon demand, SunTrust will have the right, in addition to all other remedies permitted by law, to set off the amount due under this Note or due under any other obligation of Borrower to SunTrust against any and all accounts, whether checking or savings or otherwise, credits, money, stocks, bonds or other security or property of any nature whatsoever on deposit with, held by, owed by, or in the possession of, SunTrust to the credit of or for the account of any Obligor (as defined below), without notice to or consent by any Obligor. If payment is not made upon demand, Borrower shall be deemed to be in default and SunTrust shall be entitled to interest on the unpaid balance of this Note at the lesser of (a) the Rate plus 4.00% per annum or (b) the maximum rate allowed by law (the "Default Rate") from the time of demand until paid in full. The remedies provided in this Note and any other agreement between SunTrust and any Obligor and by applicable law are cumulative and not exclusive of any other remedies provided by law.

    Late Charges And Other Authorized Fees And Charges

    As used herein the term "Obligor" shall individually and collectively refer to the Borrower and any person or entity that is primarily or secondarily liable on this Note and any person or entity that has conveyed or may hereafter convey any security interest or lien to SunTrust in any real or personal property to secure payment of this Note.  For purposes hereof, NOVA Chemicals Corporation or any subsidiary thereof (not including the Borrower hereunder) is not an "Obligor".  If any portion of a payment is at least ten (10) days past due, the Borrower agrees to pay a late charge of 5% of the amount which is past due.  Unless prohibited by applicable law, the Borrower agrees to pay the fee established by SunTrust from time to time for returned checks if a payment is made on this Note with a check and the check is dishonored for any reason after the second presentment.  In addition to any other amounts owed under the terms of this Note, the Borrower agrees to pay those fees and charges disclosed in  the attached Disbursements and Charges Summary which is incorporated in this Note by reference and, as permitted by applicable law, the Borrower agrees to pay the following: (a) all reasonable expenses, including, without limitation, any and all costs incurred by SunTrust related to default, all court costs and out-of-pocket collection expenses, whether suit be brought or not, incurred in collecting this Note; (b) all costs incurred in evaluating, preserving or disposing of any Collateral granted as security for the payment of this Note, including the cost of any audits, appraisals, appraisal updates, reappraisals or environmental inspections which SunTrust from time to time in its sole discretion may deem necessary; (c) any premiums for property insurance purchased on behalf of the Borrower or on behalf of the owner(s) of any Collateral pursuant to any security instrument relating to any Collateral; (d) any reasonable expenses or costs incurred in defending any claim arising out of the execution of this Note or the obligation which it evidences, or otherwise involving the employment by SunTrust of attorneys with respect to this Note and the obligations it evidences; and (e) any other charges permitted by applicable law. The Borrower agrees to pay such amounts on demand or, at SunTrust's option, such amounts may be added to the unpaid balance of the Note and shall accrue interest at the stated Rate. Upon the occurrence of an event of default, or after demand and failure to pay if this Note is payable on demand, interest shall accrue at the Default Rate.

    Waivers

    The Borrower and each other Obligor waive presentment, demand, protest, notice of protest and notice of dishonor and waive all exemptions, whether homestead or otherwise, as to the obligations evidenced by this Note and waive any discharge or defenses based on suretyship or impairment of Collateral or of recourse. The Borrower specifically waives his/her homestead rights under the laws and Constitution of the State of Florida. The Borrower and each other Obligor waive any rights to require SunTrust to proceed against any other Obligor or any Collateral before proceeding against the Borrower or any of them, or any other Obligor, and agree that without notice to any Obligor and without affecting any Obligor's liability, SunTrust, at any time or times, may grant extensions of the time for payment or other indulgences to any Obligor or permit the renewal or modification of this Note, or permit the substitution, exchange or release of any Collateral for this Note and may add or release any Obligor primarily or secondarily liable. The Borrower and each other Obligor agree that SunTrust may apply all monies made available to it from any part of the proceeds of the disposition of any Collateral or by exercise of the right of setoff either to the obligations under this Note or to any other obligations of any Obligor to SunTrust, as SunTrust may elect from time to time.

    Waiver of Jury Trial 

    THE BORROWER AND SUNTRUST HEREBY KNOWINGLY, VOLUNTARILY, INTENTIONALLY, AND IRREVOCABLY WAIVE, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE RIGHT EITHER OF THEM MAY HAVE TO A TRIAL BY JURY IN RESPECT TO ANY LITIGATION, WHETHER IN CONTRACT OR TORT, AT LAW OR IN EQUITY, BASED HEREON OR ARISING OUT OF, UNDER OR IN CONNECTION WITH THIS NOTE AND ANY OTHER DOCUMENT OR INSTRUMENT CONTEMPLATED TO BE EXECUTED IN CONJUNCTION WITH THIS NOTE, OR ANY COURSE OF CONDUCT, COURSE OF DEALING, STATEMENTS (WHETHER VERBAL OR WRITTEN) OR ACTIONS OF ANY PARTY HERETO.  THIS PROVISION IS A MATERIAL INDUCEMENT FOR SUNTRUST ENTERING INTO OR ACCEPTING THIS NOTE.  FURTHER, THE BORROWER HEREBY CERTIFIES THAT NO REPRESENTATIVE OR AGENT OF SUNTRUST, NOR SUNTRUST'S COUNSEL, HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUNTRUST WOULD NOT, IN THE EVENT OF SUCH LITIGATION, SEEK TO ENFORCE THIS WAIVER OF RIGHT TO JURY TRIAL PROVISION.

    Patriot Act Notice

    SunTrust  hereby notifies Borrower that pursuant to the requirements of the USA PATRIOT Act (Title III of Pub. L. 107-56 signed into law October 26, 2001), SunTrust may be required to obtain, verify and record information that identifies the Borrower, which information includes the name and address of the Borrower and other information that will allow SunTrust  to identify the Borrower in accordance with the Act.

    Hold Harmless and Indemnification

    Borrower hereby indemnifies and agrees to hold SunTrust and its officers, directors, employees, agents and affiliates harmless from and against all claims, damages, liabilities (including reasonable attorneys' fees and legal expenses), causes of action, actions, suits and other legal proceedings (collectively, "Claims"), otherwise than as determined by a court of competent jurisdiction to be attributable to the gross negligence or willful misconduct of the indemnified party claiming indemnity hereunder,  in any matter relating to or arising out of this Note or any loan document executed in connection  with this Note, or any act, event or transaction related thereto or to the Collateral.  Borrower shall immediately provide SunTrust with written notice of any such Claim.  Upon request of SunTrust, Borrower shall defend SunTrust from such Claims, and pay the attorneys' fees, legal expenses and other costs incurred in connection therewith, or in the alternative, SunTrust shall be entitled to employ its own legal counsel to defend such Claims at Borrower's sole expense. 

    Miscellaneous

    All amounts received by SunTrust shall be applied to expenses, late fees and interest before principal or in any other order as determined by SunTrust, in it sole discretion, as permitted by law.  Any provision of this Note which is prohibited or unenforceable shall be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions of this Note. No amendment, modification, termination or waiver of any provision of this Note, nor consent to any departure by the Borrower from any term of this Note, shall in any event be effective unless it is in writing and signed by an authorized officer of SunTrust, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given.  If the interest Rate is tied to an external index and the index becomes unavailable during the term of this loan, SunTrust may, in its sole and absolute discretion, designate a substitute index with notice to the Borrower. No failure or delay on the part of SunTrust to exercise any right, power or remedy under this Note shall be construed as a waiver of the right to exercise the same or any other right at any time.  The captions of the paragraphs of this Note are for convenience only and shall not be deeded to constitute a part hereof or used in construing the intent of the parties.  All representations, warranties, covenants and agreements contained herein or made in writing by Borrower in connection herewith shall survive the execution and delivery of this Note and any other agreement, document or writing relating to or arising out of any of the foregoing.  All notices or communications given to Borrower pursuant to the terms of this Note shall be in writing and may be given to Borrower at Borrower's address as stated below or at the top of this Note unless Borrower notifies SunTrust in writing of a different address.  Unless otherwise specifically provided herein to the contrary, such written notices and communications shall be delivered by hand or overnight courier service, or mailed by first class mail, postage prepaid, addressed to the Borrower at the address referred to herein. Any written notice delivered by hand or by overnight courier service shall be deemed given or received upon receipt. Any written notice delivered by U.S. Mail shall be deemed given or received on the third (3rd) business day after being deposited in the U.S. Mail. Notwithstanding any provision of this Note or any loan document executed in connection with this Note to the contrary, the Borrower and SunTrust intend that no provision of this Note or any loan document executed in connection with this Note be interpreted, construed, applied, or enforced in a way that will permit or require the payment or collection of interest in excess of the highest rate of interest permitted to be paid or collected by the laws of the jurisdiction indicated below, or federal law if federal law preempts the law of such jurisdiction with respect to this transaction (the "Maximum Permitted Rate").  If, however, any such provision is so interpreted, construed, applied, or enforced, Borrower and SunTrust intend (a) that such provision automatically shall be deemed revised so as to require payment only of interest at the Maximum Permitted Rate; and (b) if interest payments in excess of the Maximum Permitted Rate have been received, that the amount of such excess shall be deemed credited retroactively in reduction of the then-outstanding principal amount of this obligation, together with interest at the Maximum Permitted Rate. In connection with all calculations to determine the Maximum Permitted Rate, the Borrower and SunTrust intend  a that all charges be excluded to the extent they are properly excludable under the usury laws of such jurisdiction or the United States, as they from time to time are determined to apply to this obligation; and  (b) that all charges that may be spread in the manner  provided by statute of the jurisdiction indicated or any similar law, be so spread.

    Liability, Successors And Assigns And Choice Of Law

    Each Borrower shall be jointly and severally obligated and liable on this Note. This Note shall apply to and bind each of the Borrower's heirs, personal representatives, successors and permitted assigns and shall inure to the benefit of SunTrust, its successors and assigns. Notwithstanding the foregoing, Borrower shall not assign Borrower's rights or obligations under this Note with SunTrust's prior written consent. This Note shall be governed by applicable federal law and the internal laws of the state of Florida. The Borrower agrees that certain material events and occurrences relating to this Note bear a reasonable relationship to the laws of Florida and the validity, terms, performance and enforcement of this Note shall be governed by the internal laws of Florida which are applicable to agreements which are negotiated, executed, delivered and performed solely in Florida.  Unless applicable law provides otherwise, in the event of any legal proceeding arising out of or related to this Note, Borrower consents to the jurisdiction and venue of any court located in the state of Florida.

    Documentary and Intangible Taxes

    In the event that any intangible tax or documentary stamp tax is due from SunTrust to any state or other governmental agency or authority because of the execution or holding of this Note, the Borrower shall, upon demand, reimburse SunTrust for any such tax paid.

    Documentary Stamp Tax Statement:   Exempt. Note executed out of state. 

    Garnishment of Wages

    For Individual Borrower(s): BORROWER HEREBY CONSENTS TO THE GARNISHMENT OF HIS/HER WAGES.

    Transfer of Loan

    SunTrust may, at any time, sell, transfer or assign the Note, the related security instrument and any related loan documents, and any or all servicing rights with respect thereto, or grant participations therein or issue mortgage pass-through certificates or other securities evidencing a beneficial interest in a rated or unrated public offering or private placement (the "Securities").  SunTrust may forward to each purchaser, transferee, assignee, servicer, participant, or investor in such Securities or any Rating Agency (as hereinafter defined) rating such Securities (collectively, the "Investor") and each prospective Investor, all documents and information which SunTrust now has or may hereafter acquire relating to the Borrower, any loan to Borrower, any guarantor or the property, whether furnished by Borrower, any guarantor or otherwise, as SunTrust determines necessary or desirable.  The term "Rating Agency" shall mean each statistical rating agency that has assigned a rating to the Securities.

    By signing below under seal, the Borrower agrees to the terms of this Note and the disbursement of proceeds as described in the Disbursements and Charges Summary form provided in connection with this transaction.

                                                                                        LRM Industries, LLC

                                                                                        By:________________________________

                                                                                              John W. Verbicky, President and CEO

    STATE OF _______________

    COUNTY OF _____________

                    The foregoing instrument was acknowledged before me this 19th day of June, 2008, by John W. Verbicky, as President and CEO of LRM Industries, LLC, who is personally known by me or who has provided sufficient identification and who did not take an oath.

                                                                                                                    _______________________________________

                                                                                                                    NOTARY PUBLIC

                                                                                                                    My Commission Expires:

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