Extract to table

Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the Agreement

Bracketed items and blanks shall be completed at the time of issuance

If a Seller Event of Default exists on the Reduction Date, or if the certificate described in clause (b) above has not been timely delivered by Applicant, then the Stated Amount shall remain at Seven Million United States Dollars (USD $7,000,000) and shall not be reduced

In such event, the reduction shall occur at such later date as Applicant delivers to Issuing Bank the certificate described in clause (b) above confirming that no Seller Event of Default then exists, and Issuing Bank shall effect such reduction within three (3) Business Days following receipt of such certificate

Issuing Bank shall have no obligation to independently verify whether a Seller Event of Default exists and shall be entitled to rely conclusively on the certificate delivered by Applicant (or the absence thereof)

This Letter of Credit shall not be amended, modified, supplemented, or cancelled without the prior written consent of Beneficiary