0000931763-02-003420 Sample Contracts

LOAN AGREEMENT
Loan Agreement • November 13th, 2002 • Mediabin Inc • Services-computer programming, data processing, etc.

THIS LOAN AGREEMENT (this “Agreement”) is made and entered into as of the 30th day of September 2002, by and between MediaBin, Inc., a Georgia corporation (the “Company”), and Glastad Holding, Ltd., a Cayman Islands corporation (the “Lender”).

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MEDIABIN, INC. AMENDMENT TO LOANS AGREEMENT
Loans Agreement • November 13th, 2002 • Mediabin Inc • Services-computer programming, data processing, etc.

This Amendment to Loans Agreement (the “Amendment Agreement”) is entered into as of the 30th day of September, 2002, by and among MediaBin, Inc., a Georgia corporation (the “Company”), Venturos AS, a Norwegian corporation (“Venturos”), Glastad Holding, Ltd., a Cayman Islands corporation (“Glastad”) and Gezina AS, a Norwegian corporation (“Gezina” and collectively with Venturos and Glastad, the “Lenders”).

UNSECURED LOAN AGREEMENT
Unsecured Loan Agreement • November 13th, 2002 • Mediabin Inc • Services-computer programming, data processing, etc.

THIS LOAN AGREEMENT (this “Agreement”) is made and entered into as of the 30th day of September 2002, by and between MediaBin, Inc., a Georgia corporation (the “Company”), and Venturos AS, a Norwegian corporation (the “Lender”).

SHORT TERM ADVANCE
Mediabin Inc • November 13th, 2002 • Services-computer programming, data processing, etc.

FOR VALUE RECEIVED, the undersigned, MediaBin, Inc., a Georgia corporation (the “Borrower”), promises to pay to Venturos AS, a Norwegian corporation (the “Lender”), at P.O. Box 113, 4552 Farsund, Norway (or at such other place as the Lender may designate in writing to the Borrower), in lawful money of the United States of America, the principal sum of one hundred thousand dollars ($100,000), without interest, as hereinafter provided.

SUBORDINATION AGREEMENT
Subordination Agreement • November 13th, 2002 • Mediabin Inc • Services-computer programming, data processing, etc. • Georgia

THIS SUBORDINATION AGREEMENT (“Agreement”) is effective the 30th day of June 2002, by and among Venturos AS, a Norwegian corporation (“Venturos”), Glastad Holding Ltd., a Cayman Island corporation (“Glastad”), and Gezina AS, a Norwegian corporation (“Gezina” and together with Venturos and Glastad, the “Lenders”), and MediaBin, Inc., a Georgia corporation (the “Company”).

SHORT TERM ADVANCE
Mediabin Inc • November 13th, 2002 • Services-computer programming, data processing, etc.

FOR VALUE RECEIVED, the undersigned, MediaBin, Inc., a Georgia corporation (the “Borrower”), promises to pay to Venturos AS, a Norwegian corporation (the “Lender”), at P.O. Box 113, 4552 Farsund, Norway (or at such other place as the Lender may designate in writing to the Borrower), in lawful money of the United States of America, the principal sum of three hundred thousand dollars ($300,000), without interest, as hereinafter provided.

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