V1 Fund Services will pay the bills of the Company through various means including wire, ACH, on-line bill pay and check writing. For all recurring payment transactions, such as telephone, rent, insurance, etc., the Consultant will review invoices received, inquire of Company management regarding any unusual items on the invoices and will prepare and authorize payment of such invoices.  For all non-recurring payment transactions or other specified payment transactions, such as legal fees, computer consultants, V1 invoices, credit cards, etc., the Consultant will review the related invoices, will obtain approval from Company management, and once approval is received, will prepare and authorize payment of the invoice.  Generally, recurring transactions will be paid by the Consultant based on pre-approval of the vendor, but the Consultant will review invoices and will request approval from Company management, prior to payment, if they notice, in their judgement, anything new or different regarding the charges by the vendor.  Generally, non-recurring transactions will be paid by the Consultant once Company management provides approval for the specific vendor invoice(s).  Non-recurring transactions will include payments for legal fees, computer consultants, fixed asset additions, invoices of the Consultant and other charges that the Consultant may not be in position to approve payment without the approval of Company management. An updated list will be maintained of recurring and non-recurring vendor payments that will be reviewed with Company management on a quarterly basis.