Case 3:10-cv-00639-ST Document 7-3 Filed 06/07/10 Page 1 of 13 Page ID#: 111

EXHIBIT 3
Case 3:10-cv-00639-ST Document 7-3 Filed 06/07/10 Page 2 of 13 Page ID#: 112

ASSET PURClIASEAGREEMENT
TBIS AGltE£MENT has been entered into as of the 24th day of July, 2009.
BETWlJ:EN:
G.I. JOE'S, INC. and G~ JOE'S BOLDING CORP., oo%porationssubsisting
under the laws of the Sta~ of Delaware, U.S.A.
(collectively
-
the "Sellers")
-AND-

t1F~ HOLDINGS, INC., a corporation subsisting under the laws of the State of
Utah. U.S.A. .

(the "Pun:baser")

WHEREAS pUl'SUllUt to an. off$! to purchase made by the Purchaser to the Sellers and approved
by the U.ni~ Stales Bankruptcy Court for the S~e of Dol aware as of July 14. 2009. the Sellers
have agreed to sell and the Purchaser has agreed to purchase certain assets of the Sellers, upon
the tenns and subject to the conditions set out herein;

NOW· TH.Jl)REFORE, in consideration of the mutual covenants and agreements contained

herein, the partles hereby agree with each other as follows:

ARTICLE 1
INTERPRETATION
. . 1.1 Definitions.

Unless the context o1herwise requires, the following terms and expressions sball have the
meanings set forth below wherever. used in tbis Agreement:
Agreement"
II means this Asset Purchase Agreement, together with all Schedules attached
hereto, as the same may be mod!fled in accordance with the provisions herein contained;
"Assets" means aU of the trademarks, trade names, dornain names and service marks
(including logos) and related IntellectUli1 Property rights therein. and all goodwill
associated therewith. as more panicttlw;ly Set forth in Schedule "A" hereto;

"Closing Date" means July 29, 2009 ot such other date as may be agreed to in writing
between the Sellers and the Purohaset;
IICiosing Time" means 11 ;00 a.m. CST on the Closing Date, or suoh other time .as may
be agreed to in writing between the Sellers and the Purchaser; -
"Closing" means the sale, transfer and/or assignment of the Assets by the Sellers to the
Purchaser and the delivery by the Purchaser TOthe sellers oflbat portion of the Fu:rohase

PAC. !l2S684v,3 01/2JJ).00'ii 5:07 PIll

Ramsden
Ramsden Decl.
Decl. Exhibit
Exhibit 3 Page
Page 1
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",..'

.
Price due' on the Closing. Dam and the oompletion of all matters inoldenm.i thereto as
.
. heeeln provided; . .
lfCOurt Ordel'" Ine&mi the oIder ofthe'United States :BaJlkruptcy Court for the State of
Delaware referred ·to in the first preambular pamgmph above;
"l>eplIsit Aulount" has the meaning IPVeJ1to such term·in Section 4.1(11);
"Intellectual Property!) means in'respect of the Asse~ all proprietaryrlghu an.ywhere in
the w01'ld provided '\tt1der ttadllmark, trade secret or Other statutoiY or: common law
.,nnclples ~plicable to llitelleotual property. and all applieatl.ons and reglstrations in
1'¢$peCt thereof; '..,
"Lot A Assets" has the meaclng given to it ~ Sobednle "A";

"Lot:O ¥sets" has the meaning given to it in Schedule "A";

nPersOAlf means any indiviquaf, COl}roration, fum, pattnershiP, sole proptietoxship,
syndicate. joint ventare, trustee, tl'Ust, govemmen1al. department or agenoy and any
uninclorporared orgrmizs1ion or associations;

"P'm'chlWt Price" means·the purchase priqe for the Assots as set fo.rtb in Section 2.2r
"Transaction" IneMS the sale oltho AsseTS to the 1?urchaser pursuant to this Agreement,
1.Z lleadings.
..
. The di'Visl.on oftbis A.greelnen1 into Articles, Sections and paragraphs and the insertion of
headings' is for .convenience of reference only and tiball not 4lft"oot the construction -or
intetpretation heJ:eof.' Unle$S otherwise stated, aU tefe.cenccs berein to Articles or
Sections are to those ofthill Agreement.
1.3 Schedules.

The following Scliedule forms part of this Agreement:

~.4 Plurality and Gender,

Wotd3 used herein impoI1ing the singular number only:shall include the plural and 'Vice
Vlll'SR and words impo.t'ting gender shall include all genders.

1.5" GovebliDgLaw; Attormnetlt

nus Agreement shall be govemeO.by, and conshued and enforced ill acccrdenee with,
arid the 1'ightsofthe partiell shall be govemed by. tho laws ofth~ Slaw of Dell'/-warc and
the fed~ laws of1he t1nlted States of America appUca131e therein. The parties a~11lto
the t>elaware courts for any-disputoo arising hereunder.

Ramsden
Ramsden Decl.
Decl. Exhibit
Exhibit 3 Page
Page 2
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"3 -

1.6 Cnnency.
All amounts stated herein are slated hi the currency of the United' Slates of America,
unless otherwise specifically required.

ARTICLE 2
SALE AND PURCHASE

2.1 Sale and :Purchase of Assets.

Subject to the terms and condittons hereo~ as of the Closing Time the Sellers shall sell,
assign and transfer to the Puxcimserandthe Purcbaser shall purchase and take assignment
from the Sellers of all titles, tlghrs. equities and interest of the Sellers (includiug,. without
limitation all Intellec'tl.lal Property rights) in and to 1he Assets, for in consideration of tho
Purchase Price.
z.Z Purchase Prloo.
The Purchase Price is equal to the flrir m.arket 'Value of the Assets, as at the date here~
. which value the parties has detexmined to be $215,000. The Purchase Price shall be
payable pursuant to Section 4.1 below.
2.3 Taxes

Any and all taxes and duties whatsoever arising with respect to the sale and purchase of
the Assets herein shall be borne by the Purchaser, save and except taxes arising on the
SeUers' net Income or gain. ' .
AltTICLE 3 .
CLOSING

3.1 Time and Plaee of Closing.

The Closing sl:1alItake plaoe at the Closing Time at the. offices of Potter, Anderson &
Corroon LLP. Wilmingto~ Delaware or as otherWise agreed to by the Sellers and the
Purchaaer in wrlting.
3.2 Sellers' De1ivenes at Closing.
At the Closing, the Sellets shall denver to the Purohaser the following documents:

(a) bills of sale, 'transfers, assignments, conveyances and such other documents with
respect to the Assets as may reasonably be required by the Purchaser to effect the
transactions contemplated herein. including, ~out litnitation. all third party
consents required to effect the sale and pnrchase herein;

Ramsden
Ramsden Decl.
Decl, Exhibit
Exhibit 3 Page
Page 3
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(b) certlfioates signed by..a senior officer of eaoh of the .SeUers~ng thilt the
representations and warranties made by the Sellers in this Agreement are trse and
cotrect: as oithe ClosingTime:
(e) a copy 'of the Com Orderas entered by the nppncable court and a copy of 831Y
approval ot(ler iasued by the applicable coUrt after execution hei:cof;
(d) tcasonabl~ evidence of1h~tmnination of any conUacts. ammgemell11s, licences or
other bindingcommitmentll ~e between·the Sellers and any third parties
affecting O~ relating to 1heAssets Ondtor thls ~OD; ,

(el such <focununtation ooncerning the Asse1;S as are in 1h¢ possession or control of
the' Sellers and the courts at the Closing J?ate, includitlg dooomentation as to
registmtions orappliuations ibrregistratiou; and
(f) such other documents or instruments as thc'PUtthaser may rWonllbly require.

3.3 Pur(lh88er'd)eHverl~
at Closing,
At the Closing Time, the Pnrohaser shall deliver:
(a) a, CertifiCatesigned bya ~or officer of 1he PUtohaset certifYing that the
tepresen't3tions andwamm.tles made by the Purchaser in this Agr¢e.lnentare mre
and oo:rreot as of the Closing T'mte;
(b) ~ch other d~1D1'relrtS or iIlSt%1lrnentS as the Sellers may reasonably :require; and

(tI) paym~t as set forth in SectiOn 4.1:

" To the wdent any delivery of tangible property is made pursuant· hereto. the slltne shaH
occur at Wihnmgton, Delaware, . .

3.4 :RI$kofLnss

Upon closing .and completion of the sale and purchase ~saction herein at the Closing
TIme, risk ofl()ss mend to the.As$ets shall 'transfer to the Purcltaser.
ARlICLE4
PAmmr'
4.1 payment offurehase Pr1~

The Pl.lrOh\lS~ Price will be paid by 1hePurohaser us follows: .

(a) . forthwith \J,POn exeoution of this Agreement, a non...mundable deposit of
$15.000.00 (the l'Dep~it Amount"), 6hall be paid W Potter, A:D.del'l3on & Catroon
LLP) in an interest bearing account. In the event the Closing does not occur as a
result of the Put_or WIiug to :fulfill its obligations ·herein. then the Deposit
Amount and acmied. interest shall be forl'eited to the Se1lers~ thIs Agreement shall

Ramsden
Ramsden Decl.
Decl. Exhibit
Exhibit 3 Page
Page 4
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terminate and no party shall be farth.er liable beteunder. In the event the CloSing
does not oecur as a result of the SeUers:fulling to fulfill their obligations hmlri or
for any other reason (other than a breach hereof by the Purchaser), then the
Deposit Amount anti. ~cOtUedlnterest shall be repaid forthwUh to the Purchaser,
this Agreement sball 1ennl:oateIlI1d no party shall be iimher liable hereunder; and
(b) the l11rohase Prlce, less the Deposit Am.O\J11t, shall be paid and satisfied by.
payment at the Closing time in £all by bank draft or solioitGr's trust cheque
payable to Potter~ Anderson & Corrool1'LLP. in trust for the Vendors.

. ARTICLES
llEPRF.J8EN'l'ATIONS. WAgR.ANrms MfD 'COVENANTS
5.1 , Representations, Wro:ranties and Covenants of the SeJ]et'8.

The Sellers t'eprc.sent. warrant and covenant as of the Closing Date to the Purchaser and
aoknowledge and conflrm that ·tnt? Purohaser ;is r~lying upon such representations,
warranties and «rvenants in, connection wi~ the p\lrQhase oftbe Asset~:

(a) the sale and mmsfel' fot-'the Assets to the Purehsser on the- Closing Date shall be
fte6 and clear of any and all encumbrances, seourl.ty interests" oharges., liens)
adverse claims, restrictive covenants. options Of privileges Or any agreement to
. otelUe any, of the foregoing; ,
1':s:O :h:> *"" ~~\t!.."'!l.' k."olAl~~..>
. (b) }:.neither the exeeution and delivery of thls Agreement. nor the completion of the
~ T.ta11saotion shall: .

(I) . violate, nor be in Ol)nflict 'With, any provlslon (If any agreement or
instrument to whioh the Sellers are parties·OJ: by whioh t1iey are bound, or
any of the tenns of the to'nStatipg'documents of the Vendors. or any order,
decree, statute. ,by-law, regulation, covenan1, or restrictioD, applicable to,
lhe Sellers or ~nyof the AssetS; OJ.'
,(li) give. any person any rlght to tenninate,' cancel, or remove any of the'
Assets;

(0) this Ag:reement bas been duly eXCQtrtedend deHveredby the Seller$ and all other
doouments «(\louted end delivered by tbe Sellers pursuant hereto shall have been
duly execute(! and (ieliveredby the Sellers. This A,greement. does and such
deeuments will constimte legal; \'alid and binding <lbligatiODS of the Sellers;

Cd) the Sellers are the legal and- benefioial owners of the Assets with good marketable
title thereto and'havcthe right to seUthe same pnrsuanthereto;

(e) ~ delivered to the Purchaser

applioable OODllmts. perrnissio a licable fulrd
•. the Transactioll:;

Ramsden
Ramsden Decl.
Decl, Exhibit
Exhibit 3 Page
Page 5
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- 6- '1'>1> ~ /
'P.l'O -t'1-
e,••.• ,,+
-l'\- ce...•.••.
~ ()rJ.~ ~

(f) the Sellers have ~ obtained ~t:er.Y;.~~ee\Il/Hftd-11;tm:ffiI!I~tl-

mm~;
(g) to '!he best of the Sellem' knowledge,' the :Assets and the IntelIeetl1a1.Property do
not conf1\¢t wit1:l, infringeupou Or 'Violate ~d are not alleged by any Peesen to
conflj~ with, infringe upon or violate the ;proprietary, or intelluctual propetty
rightS or the 1mde secrets, know-lww or oonfidential or proprietary information of
any other Person;
'\>;$'C)
(h) the Assets, where registeNli pursuant to Sch~ul6 "N hezeto, are duly registered
in ·the names of the SelletS and any applications for registratiofi. of the Assets are
in their names; ,
-1"0 ~ 1>e~-t"
o~ x\\C.CS' the Sellers bave not commeneed any c:laim:I1proeeedings, actions. lawsuits or
inquiries challenging the intelleetaal property rights of any othel! Person insofar as
l''''Ol)oJt~<'l-) the same relate to the &sets and, to the best of the Sellers' Rnowledgo, no oilier
PeJ.'St)n is 'USing any intellectual property whicli 'conflict with •.infrjnge upon or
violate 'the rlglm; of1he Vendors in and to the Assets and the Inte1leetual Property
rights therein;
'P:rD . .
ex~pt pmsuant to the teI1l1li hereof, no'l?erson bas any written or oral agreement,
option. understanding 0,... comtnitmont, or any right or privilege capable of
becoming an agreement. for tbeputOhase of all or Hny of the Assets; ,

ere are no claims, proceedings, actlotlS. lawsuits, governmental or

adntinistrative p1'Qceedings Of inquir.ies,existing or, to. the best of the Sellers'
1a1.owl~d8e. lleq.ding or threatened again$t it pr wi1h respect to the Assets that
would have an adverse effect on the Assets' Or the Transaction; and
.'f'J't) '. '
(1) are nb Clontnlcts or licenses In effect tbat perndn to the Assets, all of Which
contracts and lloen<:es, if any. have been. or will be teJ.'IlliMtet! in connection with
the'Closing by the Sellers, at their cost. '

5.2 Represcnlations, Wal'.l'lll'lfles and 'Co"l'e)Wltil of the Purchaser. ,

The Purchaser hereby tepresents, warrants and covenants to the best of. its knowledge
information and bellef, as of each' ofilia date hereof and the Cl~ing Date, to the SenetS,
and tho Purchnser aokilowledges and confirms that the,SeUers lU'C l'elying upon such
representations and warranties and covenants in connection with the sale of the .Assets:

(8) • the Purchaser is duly incorporated and validly subsisting under the laws of the
State ofUtab. with full right, power ami authority to enter into ~ pexfonn all its
obligations under this Agreement; and
(b)' all corporate ll.ll.d other prooeedfngs required to be taken' by me :PurchilSer, to
authl:>= this Agreement and the transactions provided for bewin· have been or
will 1» \laUdly taken. llJI of the Closing Tinle. •

Ramsden
Ramsden Decl.
Decl, Exhibit
Exhibit 3 Page
Page 6
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5:3 Condition
It is understood and agreed tl"tat the~sale and purahnse oithe Assets shall be meAe on'an
"as iSfi basi$ \Uld· the Sellers .make no' representations or warranties whatsoever to :the
Purobaser as to the oondition, meIClmmabUity, quality oditness, for purpose of the Ass~
oratty of them
(, ~ ART1CLE(i
\.•• ~~ INDEMlSl'fIES
6.l ers'lrtdemmtyo
~S~~ .'

exp that the Purchasex may suffer, sustain, payor incut;

(b) indemnify d$fWe hannless the Purohllser and its affilla and their respective
directors, C) rs, employees, semmts and agen1s :fro and a~st any and all
claims, lililiUi aotions, proceedings, demllnds. sses, costs, &mages and
expen5W wh .that.mJJY
be broughtagainst 0 ffered or incurred;
as '8 result of any matter arising' out o~
connected with a material br or inaccuracy 0 Y l'¢pJ:eSentation or warranty or a
material breach or non-pcrfi:>nnane fan}! cove t of the Sellars in this Agreement and
aU claims. demands. fines, penalti oostS d ·expenses of' any nature whBjsoever
(mcluding. without limitation, ttlXable I ohatges and disbursemen1s on and as
between a solicitor and his own client basi on t8Sl*t of the foregOing.

6.2 pll1'Challe~$ ,Indemnity. / .

The Purchaser shall:
be 691ely liable
)7t:~y,suffer, suStain. pay or
(8) _._.1 "sponsible for any and losses, costs, damages and
expenses tbat ~ eur~ and .
(b) jndemnify~save harmless the Sellers and their resp . live direotors, officet'S,
employees, ervants and uge:nfS-~ and against any an claims, lia.blliti~
notions ~ aeedmgs, demands, losses, ~osts, (l1ltl111ges llI1a e eases whatsoever
whioh ~y be brought a.gainst or suffered or incurred;- ,
as a teSUJ~f any' matter or thing· arising cut of, resulting from. llttri table to or
COMootct1 wlth a rnatetia1 'breach or inaCCllt'8O)' of auy f$pX'esentation or ty, or a
ma~eft..a\breach or 1l01l.petfonn~"Oe of any oovenant, of the l'\itcl1aser in this A ement
BUY-all claimS. demands, 'fine$, penalties costs and expenses of any nature wlla ~er
mCIUding. wlthout,tirni1ation. tIOOlble legal fees. charges and disburSements OIl an
etween a solioitor and 'his own client basis) in ~ of1he foregoing.
)

Ramsden
Ramsden Decl.
Decl. Exhibit
Exhibit 3 Page
Page 7
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~
~

. Nothing contained in thi~

-8·

il31po~n
-------.
any party for
consequential, indirect or punitive <;lamages • .," out limitation, consequential
business losses or losses of value, or profits suffered oy

6.4

ARTICLE 7
~QTICES

7.1 Notices.
Any .notioes or other communications required or given under this AgJ:eament shall be in
writing, shall be delivered in person or by faoslmile and shall be deemed to have been
given and received when delivered in person or when communicated by facsimile during
normal business hours on a business day of the addressee (and otherwise on the next
business day):
(a.) itto the Sellers, addressed to:

G.l. Joe's, Inc.

GJ • .Joe's Holding CoX'p.
clo Steven M. Yoder
Potter Anderson & Cortoon, LLP
1313 North Madcet Street
POBox 951
Wilmington, Delaware 19899·0951

Facsimile; (302)778.()l07

(b) uto the Purchaser, addressed to:

UFA n:OLDlNGS~ INC.
do Wholesale Sports
Suite 700,; 4838 Richard Road SW
Calgary, Alberta,Canada TIE 611

Attention: Chuck Cote, DMsional President

Faosimile: (403)5704030
or at such other place or places or to su~ other person or persons as shall be designated
in wrltingby a party. to this' Agreement in the manner herein provided.

PAC.92S684v3 011220.0095:07 Pill

Ramsden
Ramsden Decl.
Decl. Exhibit
Exhibit 3 Page
Page 8
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·,
ARTICLES
MlSCELL6NEOUS
8.1 Enurement.
'this Agreement shan' be binding·upon and enure to the benefit of the parties hereto and
their tespective, successors and pm~ assigns, Thi&Agreement may m~tbe ~signed
by any party hereto, by operation of law Ci' otherwise, witho-nt the ptiorwrlUen consent of
the other parties hCl'eto and any requfred eo'llrt order.

8.2 EntireAgreement
This Agreement, including the SChedule,. together with the agreemen1s and other
documents to be exeouted 'lUld delivo...ell as referred to herein. constitute the entire
agreement among the paniea with 1(lspect' to the transactionS CO!llemplm:ed hereby and
supersedes cit othtlr prior agreements, undertakings. negotiations and discussiom.
whether oral or ~ of 1b~ pat1ies ,with respect to tile transactions coDtemp{ated
hefeby (lllcluding without limi1atlon any ofi'er.l to pnrchase) and there are no wammties.
representations. covenants or other agreements among the paIti¢s. ex¢.ept lIS specifically
set fol1b h~ein.

8.3 SevembUlty.
In case ~y provision m. tbis A~eemep.t shall. be prohibited; invalid" illegal or
unenfuroeable m any jurisdiction.
such provision shall bp ineffective qnIy to theexWnt of
such lllollibition, invalidity, filegality Ot ~roeability in such jurisdiotion without
aff'ectinif or impairing the validity, legality or e!l£or¢ea'bllity of the remaining provisions
hereof; and any such proliibition, invalidity, illegality or uuenfotecabllity shall not-affect
or impair sueh provision in any other jurisdiotion.

8.4 lJ'nrtherAssurances.
Each of the parties hereto, l''t the reQuest and expense of the other pllrties hereto shiill
deliver sltCh further or additional (IoOllOlentB and instruments as may reasonably be
considered necesslIl)' or desirable to pt'Operly reflect and carry out tile tmelntent and
meaning of this Agreement. . •

8.5 Sui'vl'va.l.
The representations, wattanttes. covenants and agreements made by the parties each to
the other· in or pursuant to this ~ent $ball survive the ClosinlJi of the transactions
herein piovided. for. .

8.6 Time o!Essence.

Time shall be of tho essence ot'1bis Agreement.

8.7 WaiteI'.

PAC.92.51i84v.3 07/2212OO!1 S:07.pm

Ramsden
Ramsden Decl.
Decl. Exhibit
Exhibit 3 Page
Page 9
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FaiJuxe by any party bereto to ·insist in anyone or mOte Instances upon. the ~ct
p¢t.fQrmance of auy one of'the llOvenlmtSllOnbiined herein sbnll. not be cODlll.tued as a
waiver or relinquIsbtnent l)f such covenant No waiver by·any party hereto ,of any such
covenant lIlulll be deemed tQ hllve been made unless expressed in writing and signed by
the waiving party. .
8.8 Amendment..
This Agreement may not be amended. modified or terminated ell:cept by an mstroxnenf in
.
writing signed by aU of the parties hereto •
8.9' . Counblrparts aud Jl'aeshnile.
ThIs 'AgJ:eement may be executed in counterparts. ej1Ch of whiah when 110 executed shall
be deemed to be an original and 11'11 oounterpatts together shall 90nstltute one and '!he
same instn'llnent. A signed counterpart provided by way of fllO$itnile ttansmission shaU
be 8S binding upon the parties !IS an originally signed counterpart.

Ramsden
Ramsden Decl.
Decl. Exhibit
Exhibit 3 Page
Page 10
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IN WITNESS WHEREOF the parties hereto have ClUl9ed'thi$ Agreement to be. el{ecuted;and
deliv~d e:ffeative as of'fhe date fust written above. '

'G.I. JOE·SllNC.

Per: ~tf?J1i.~
Ch/ ••.~ 'Ke- ~ff~i).rl 'q' O~UJj

Title:

G.I;JOE'S HOLDING CORP.

Per: a~9-C!1/.~
CJtlf:f..f. 7Ce~~"1 O~~
Title:

UF~
Per:
OWJ5"t-.<,( ~"",f(J(.",,1
Title:

Ramsden
Ramsden Decl.
Decl. Exhibit
Exhibit 3 Page
Page 11
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-12-

SCHEDULE "An

ASSETS
Next
Sorla.l, Rtal"t4t/on ResfsMtlCI1 R9n~1
LatA-Go I.,TGC's e1.otA"}. N\IlIlbe,r. NIlRl~r Dlllb »ate

www,gjJ0e;9.uom wdlslte ~'18/J9~6 3/l9f.!014

OJ.'loe's{'n::lll)· Ulldemark 13153358 1126617 11/611!n9 111S12009

Ol.loo'& tbo SpIll1:I el:. AIltO StotO lI1IJemark 1~89m 2962544 61141200' 6113f.2/HI

O.~,Joe'; SPQfW, OUtdoor &. Mot'll lflv.lomark 'le339li070 '32227311, 271051'2007

'l.!>tB -Joa'. Sportf FlAt B,

WWWJOessporlMOlll web$ltc 12I2IJI'JOO6 ' 111412012

lods Sports Gear (Logo) lrlldelll!lX 78358960 ~629S4 6Il4~O(lS 6/13/2011

Joe's Ouldoors (Logo) tnldcrnatl: 783S90SS 2%2356 6I1412QO$ 611312011

100'8 On Declc SerillS (1Ago)' ~emalk ?&3S90:!1 2962355 CiJJ4I.200:; 6f13('!'OIl

1¢$ SPQftSOut\loQl"~ Mote (Logo) tradansl'k 1iiY/I791 . !44~no 6I1C)!2008 61912014

l~Il'S Spcntll OUldoor & MOTQ(relit) tntdc:mark mml4 3+16102 611012008' 51912014

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lods SpOrtS & Ourdoor' ~cxt) tnldCllWk 77252187

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Nlll1!l X Northwest Q.l)aa) trarknuuk 18480926 3()1'7141 111W200S 1112112011

NTO ~ tllUlemalk 7S977129 31)443$ lVl2l2006 812112009

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Ramsden
Ramsden Decl.
Decl, Exhibit
Exhibit 3 Page
Page 12