Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Bark Group Inc. - Exhibit 10.6

	Translation *
      Page 1 of 8 

	Danske 	Bank
    

	CREDIT FACILITY CONTRACT 	EXHIBIT 10.6
	floating interest – business 	  

	Borrower’s copy 
	 	  
	 	Page 1 of 11 
	 	  
	 	Credit facility type: 
	 	Business credit 
	 	Account: XXXXX 

	Lender 	Danske
      Bank A/S 	 
    
	  	  	  
	Borrower 	K2mediagroup A/S 	Customer number: 
	  	Trommesalen 5 	0029935106 
	  	1614 Copenhagen V 	  
	  	Denmark 	  
	  	  	  
	  	If there is more than one borrower,
      the terms and conditions of the contract shall apply to each borrower.
  
	  	

	Credit line 	Credit line 	DKK 	9,000,000.00 

	Establishment costs 	Establishment costs 	  	  
	  	       Commitment fee 	DKK 	  
	  	       Loan transaction fee
    	DKK 	  
	  	       Registration fee 	DKK 	  
	  	  	DKK 	  
	  	  	DKK 	  
	  	  	  	  
	  	Total establishment costs to be debited to the
      accountDKK 	 	0.00 
	 	 	 	 

	Contents of the credit 	This credit facility contract
      consists of: 
	facility contract 	•	Part 1 Individual terms and conditions 
	  	•	Part 2 The bank’s General Terms and Conditions
      of Business. 
	 	 	 

	Part 1
      Individual terms and conditions 

	Repayment and 

      duration of the credit 	 [           ]
        The credit facility shall be subject to renegotiation every year when
        the financial statements/annual statement from the Danish tax authorities
        are/is available. 

	  	 	  
	  	[           ]
      The credit maximum will be reduced by DKK 	on the last business day of 
	  	every month, for the first time on 	  
	  	 	  
	  	[           ]
      The credit shall be valid until further notice. 	  
	 	 	 
	 	[X] The credit shall be repaid in full on 18 May 2009.	 
	 	 	 
	 	The debt shall not exceed the current line of credit. 	 

	Translation *
      Page 2 of 8 

 

 

	 	Page 2 of 11 
	 	Account: XXXXX 
	 	 

	Interest, commission 	Lending rate of interest
    
	and fee 	
      On the amounts drawn on the credit, the borrower shall
      pay a floating interest rate which shall correspond to Danske BOR for DKK
      with a variable supplement fixed by the bank, currently 1.5000 percentage
      points. 

	  	
       

		
      On 22 May 2007, Danske BOR for DKK is 4.0000 per cent
      p.a. Danske BOR is variable and fixed by the bank every business day with
      effect from that same day. 

	  	
       

	  	
      This results in an interest rate of currently 5.5000 per
      cent p.a. 

	  	
       

	  	
      Overdraft interest 

		
      The borrower shall pay a separate interest rate
      (authorised overdraft interest) on any authorised overdraft. Authorised
      overdraft interest shall be calculated on the utilised part of the
      authorised overdraft. 

	  	
       

		
      If the credit line is overdrawn without prior agreement
      with the bank, or if the utilisation of the credit facility contravenes
      any agreements entered into, the borrower shall pay separate overdraft
      interest on such overdraft. 

	  	
       

		
      Overdraft interest shall be payable from the first day
      that the credit facility is overdrawn. 

	  	
       

	  	
      Deposit rate of interest 

		
      The bank shall pay a floating interest rate on any
      account balance. The current rate of interest is 0 per cent p.a.

	  	
       

	  	
      Fee 

		
      The bank shall be entitled to charge a fee in connection
      with the ongoing administration of the credit facility. 

	  	
       

	  	
      Addition of interest and commission 

		
      Lending and deposit interest as well as commission shall
      be added to the credit facility four times a year by the bank. Interest
      and commission shall be calculated in arrears on 31 March, 30 June, 30
      September and 31 December and added on the last business day of the
      above-mentioned months. The first addition of interest shall take place at
      the end of this quarter. 

	  	
       

		
      The bank shall only add interest in March, June and
      September if the lending rate of interest – after offsetting the deposit
      interest – is higher than or equal to the minimum amount specified in the
      bank’s brochure on the calculation of interest etc. Interest, which is
      therefore not added, shall be carried forward by the bank and added in the
      following quarter, however, not later than on the last business day in
      December. 

	  	
       

	  	
      Changes 

	  	
      The interest rate shall be changed in accordance with any
      changes to Danske 

	Translation *
      Page 3 of 8 

Page 3 of 11 

Account: XXXXX 

 

BOR. 

The bank may change the floating
interest rate supplement/deduction in accordance with its General Terms and
Conditions of Business, part 2. 

The bank may change the deposit
interest, the variable commission rates and fees in accordance with its General
Terms and Conditions of Business, part 2. 

Bank statement 

Unless otherwise agreed, the bank
shall send a bank statement after each addition of interest to the account. If
desired, the bank may send several bank statements against payment. 

	Translation *
      Page 4 of 8 

Page 4 of 11 

Account: XXXXX 

	 	 
	Duty to disclose 
information to the 	
      In the event of a change of address, the borrower shall
      inform the bank of such change of address. 

	bank 	
      

		
      The borrower shall be under an obligation to inform the
      bank of its financial affairs if requested to do so by the bank. This
      shall apply even if the bank has requested no such information when the
      loan was granted. 

	  	
      

		
      As such, the bank shall be entitled to demand disclosure
      of all accounting, budgetary and auditing information, including any
      long-form audit reports, which the bank may deem necessary in order to
      shed light on the borrower’s financial affairs. For companies, such
      information could be an audited annual report with specifications as well
      as budgets, and for other business borrowers, including owner-managed
      businesses, financial statements with a statement of income and assets.
      

	  	
      

		
      Furthermore, the bank may demand information about the
      owner’s/principal shareholder’s personal finances, such as income tax
      returns, annual statements from the Danish tax authorities and budgets.
      

	  	
      

	Information to third- party
      mortgagor/guarantor 	
      The bank may inform any third-party mortgagors/guarantors
      of the balance of the facilities secured by a mortgage or a guarantee.
    

	 	
       

	  	
      

	Insurance premium 
on pledged assets 	
      If the bank has a pledge on a car, boat and other
      chattels or real property and the pledged asset includes loss insurance
      and/or fire insurance, the borrower shall pay the premium fixed by the
      insurance company from time to time. 

	  	
      

		
      If security has been furnished by a third party, the
      borrower shall pay the insurance premium if it is not paid by such third
      party. 

	  	
      

	  	
      

	Calling-in 	
      The borrower may terminate the credit facility contract
      and repay the outstanding debt, in full or in part, to the bank at any
      time. 

	  	
      

		
      Notwithstanding any repayment provisions, the bank may
      call in the loan at any time without notice. 

	 	 
	Breach of contract 	The borrowings under the credit facility shall
      be repaid immediately, if: 

	and other events of 	 	  	 

	default 	•	 any amount under this credit
        facility contract is not paid when due 

	 	 	 	  

	  	•	 the borrower or guarantor 

	 	 	 	  

			•	 becomes the subject of execution
        or attachment, suspends payments, becomes subject to insolvency proceedings,
        commences negotiations on debt restructuring or composition, including
        asking the bank or another creditor for voluntary composition 

	 	 	 	  

			•	 takes up residence outside Denmark
        and prior to the move fails to make an agreement with the bank about how
        the borrowings under the credit facility should be repaid 

	 	 	 	  

	  	 	•	 dies 

	 	 	 	 

	Translation *
      Page 5 of 8 

	 		•	 discontinues its operations
        through a merger with another company or a demerger 

	 	 	 	  

	 	•	 the value of security that
        the borrower or a third party has furnished in the form of shares, bonds,
        currency, mortgages or other price-sensitive securities, or in financial
        assets, is reduced significantly, and no additional security is furnished
        which is satisfactory to the bank within 14 days of the bank having requested
        such security 

	 	 	 	  

	 	•	 insurance taken out on pledged
        items is not maintained, and if the pledgor does not, within 8 days of
        the bank having issued a written request for remedial action to be taken,
        produce a receipt proving that remedial action has been taken 

	 	 	 	  

	 	•	 the bank estimates that there
        has been a significant negative change in the borrower’s or guarantor’s
        financial affairs 

	 	 	 	  

	 	•	 the borrower does not inform
        the bank of its financial affairs as provided above under “Duty to
        disclose information to the bank”. 

	 	 	 	 

	
      Environmental affairs 
	
      The borrower undertakes to comply with all environmental
      legislation in force from time to time and any environmental approvals
      that may apply to the borrower’s business. The borrower shall inform the
      bank of any changes in the environmental status of the borrower’s
      business. 

	Translation *
      Page 6 of 8 

	Special provisions 	Individual conditions – Duty to disclose
      information to the bank 
	  	  
	  	The section 
	  	  
	

	“Furthermore, the bank may demand information
      about the holder’s/principal 
shareholder’s personal finances, such as
      income tax returns, annual statements 
from the Danish tax authorities
      and budgets.” 
	  	  
	  	shall not apply to this credit contract. 
	  	  
	Other terms and 	The following shall also apply to the credit
      facility contract: 
	conditions 	  
		• Part 2 The bank’s General Terms and
      Conditions of Business unless derogated from in Part 1. 
	  	  
		The Terms and Conditions of Business contain,
      among other things, provisions on: 

	 	•	Interest, commission and fee 
	 	•	Offsetting 
	 	•	The bank’s liability in damages. 
	 	 	 

	Borrower’s signature 	
      By signing this credit facility contract, the borrower
      accepts that the bank may change its General Terms and Conditions of
      Business subject to the notice specified in the Terms and Conditions of
      Business. 

	  	
      

		
      By signing this document, the borrower declares to owe
      the bank the borrowings under the credit facility from time to time plus
      interest, commission and any fees and costs. 

	  	
      

		
      If there is more than one borrower, the borrowers shall
      be jointly and severally liable. 

	  	
      

		
      At the same time, the borrower acknowledges receipt of a
      copy of the credit facility contract. 

	Translation *
      Page 7 of 8 

	 	 	 	 
	 	[Handwritten] 23.05.07 	 	  
	 	Date 	 	Date 
	 	 	 	  
	 	/s/ Bent Helvang	 	 
	 	Binding signature 	 	Witness 
	 	CHAIRMAN BENT HELVANG 	 	 
	 	  	 	 
	 	 	 	 
	 	Date 	 	Date 
	 	 	 	  
	 	/s/ Jesper Svane	 	 
	 	Binding signature 	 	Witness 
	 	BOARD MEMBER JESPER SVANE	 	 
	 	  	 	 
	 	 	 	 

	Translation *
      Page 8 of 8 

THIS IS TO CERTIFY 

 

that the foregoing 

“Credit facility contract” 

is a true and faithful translation of the attached copy 
in
the Danish language produced to me. 

 

 

 

 

This translation consists of eight (8) pages. 

 

In witness whereof I have hereonto set 
my hand and affixed
my seal of office 
this 7th day of December 2007. 

 

 

 

 

Malene Popov 
Sworn Translator and Interpreter of the English
language 
Aarhus, DenmarkFiled by Automated Filing Services Inc. (604) 609-0244 - Bark Group Inc. - Exhibit 10.7

	Translation *
      Page 1 of 5 

	Suretyship – business 	Danske   	Bank 	1 of 3 

Borrower’s copy 

EXHIBIT 10.7

	  	  	Reference: 0029935106 
	  	  	  
	  	  	  
	  	  	  
	Creditor 	Danske Bank A/S 	  
	 	 	 
	Guarantor 	K2advertising A/S 	Customer number: 0029937966 
	  	Trommesalen 5, 4. 	  
	  	1614 Copenhagen 	  
	  	Denmark 	  
	  	  	  
	  	in its capacity as guarantor with primary liability
      hereby guarantees the fulfilment of any obligation that 
	  	 	  
	  	  	  
	 	 	 
	Debtor 	K2mediagroup A/S 	Customer number: 0029935106 
	  	Trommesalen 5, 4. 	  
	  	1614 Copenhagen V 	  
	  	Denmark 	  
	  	  	  
	  	may have towards Danske Bank A/S under the facilities
      mentioned below. 
	  	  	  
	 	 	 
	Establishment costs 	Establishment costs 	  
	  	  	  
	  	  	  
	  	  	  
	Facilities secured by 	DKK 9,000,000.00 Business credit no. XXXXX
	the guarantee 	  	  

	Translation *
      Page 2 of 5 

2 of 3 

	Terms of the guarantee 	  
	  	  
	Guarantee 	
      This guarantee is a suretyship. This means that the bank
      may demand that the guarantee commitment be fulfilled as soon as the
      debtor defaults on one or several of the facilities comprised by the
      guarantee. 

	  	
       

	Claims covered by the 
guarantee 	
      The guarantor is liable for any amount that the bank may
      claim from the debtor under the facilities comprised by the guarantee.
      This includes: 

	 	•	
      the debtor’s obligation to pay the amount due, interest
      and other costs, including overdraft interest, default interest, fees etc.
      

	 	•	
      costs incidental to the hedging of any pledge covering
      the commitment comprised by the guarantee 

	 	•	
      actual costs incurred in the event that the debt is to be
      collected from the debtor, including court fees, legal assistance etc.
    

	 	•	
      the countervalue of loans raised in foreign currencies in
      the event of any conversion into Danish kroner and the amount’s carrying
      of a floating rate of interest fixed by the bank 

	 	•	
      premium if a fixed-interest loan is repaid ahead of time.
      This also applies if the debtor defaults on the loan.

		
      If the debtor defaults on the guarantee commitment, the
      guarantor becomes liable for the costs and expenses incurred by the bank
      as a result of the default. This also applies to any reminder letters sent
      by the bank. 

	  	
       

		
      If the debtor pays an amount without stating which
      facility the payment concerns, the bank may choose which facility the
      amount should be debited. The bank may also choose facilities that are not
      comprised by the guarantee. 

	  	
       

	Term of the guarantee 	
      The guarantee commitment applies until the facilities
      comprised by the guarantee have been redeemed or cancelled unless
      otherwise agreed. 

	  	
       

	The guarantor’s 
release of his 	
      If the debtor repays his debt to the bank, the guarantor
      is released from his guarantee commitment provided that

	guarantee 
commitment 	•	
      the debtor’s payment to the bank is not later annulled by
      any estate of the debtor 

		•	
      any security provided to the bank, or the proceeds of
      such securities are not later annulled by any estate of the debtor.
  

	Respite granted to the 	
      The bank may grant the debtor a respite without the
      consent of the guarantee. 

	debtor 	
       

	  	
       

	Other security and 
recourse 	
      If several people have provided security – either as
      guarantors or third-party pledgors (pledge by a person other than the
      debtor) – they are all jointly and severally liable to the bank unless
      otherwise agreed with the bank in writing. 

	  	
       

		
      The guarantor accepts that the bank can use the
      security or proceeds of the security provided by the debtor and/or
      a third party until the bank has received all the amounts owed to
      it by the debtor. This applies even if the security has been
      provided for the balance comprised by the guarantee or for any
      other balances of the debtor. The guarantor therefore ranks second
      to the bank as regards any claim for entering into any security
      furnished at the time of the fulfilment of the guarantee commitment
      (the guarantor’s right of entry). 

	  	
       

		
      If a pledge has been given for a facility comprised by a
      guarantee, the bank may make the proceeds of the assets pledged available
      to the pledgor – even without the consent of the guarantor and/or the
      co-pledgor. 

	Translation *
      Page 3 of 5 

		
      Any distribution (recourse) among guarantors and/or
      pledgors is of no concern to the bank. 

	  	
       

	Additional 
loans/credits granted
      
to the debtor 	
      The bank may grant new loans, credits etc. and increase
      the facilities comprised by the guarantee without the guarantor’s consent.
      The guarantor is only liable for debt increases if accepted by the
      guarantor. 

	Translation *
      Page 4 of 5 

3 of 3 

	Electronic messages 	
      The bank may send all information to the guarantor
      electronically, even if words such as “in writing”, “letter”, “bank
      statement” etc. are used in the bank’s documents, rules etc. Of course,
      this can only be done to the extent that it is possible under current law,
      or if the bank has entered into an agreement with the guarantor.

	  	
       

	Registration of the 
guarantor’s 	
      The guarantor authorises the bank to register the
      guarantor’s commitments under his or her CVR no./civil registration no.
      

	CVR no./civil reg. no. 	
       

	  	
       

	Special provisions 	
       

	  	
       

	Messages to the 
guarantor 	
      Under Section 47 of the Danish Financial Business Act
      (Lov om finansiel virksomhed), the bank may send messages to
      K2advertising A/S on behalf of all the guarantors. 

	  	
       

	Documents for the 	
      The guarantor hereby acknowledges receipt of
  

	guarantor 	•	
      a copy of the guarantee document 

		 •
	
      a copy of the debt certificate/credit contract or any
      other document for which the guarantee has been provided.
  

	  	 	  	 	         Witness
    
	  	 	  	 	  
	23.05.07 	 	/s/ Bent Helvang 	/s/ Jesper Svane	 	  
	  	 	Binding signature 	 	  
	Date 	 	K2advertising A/S 	 	  
	 	 	  	 	 
	  	 	 	 	  
	  	 	  	 	  
	  	 	Binding signature 	 	 
	Date 	 	  	 	  
	  	 	  	 	  
	 	 	  	 	  
	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 

	Translation *
      Page 5 of 5 

THIS IS TO CERTIFY 

 

that the foregoing 

“Suretyship” 

is a true and faithful translation of the attached copy 
in
the Danish language produced to me. 

 

 

 

This translation consists of five (5) pages. 

In witness whereof I have hereonto set 
my hand and affixed
my seal of office 
this 7th day of December 2007. 

 

 

 

Malene Popov 
Sworn Translator and Interpreter of the English
language 
Aarhus, Denmark

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