0001144204-10-026965 Sample Contracts

BUSINESS LOAN AGREEMENT
Business Loan Agreement • May 13th, 2010 • Western Capital Resources, Inc. • Personal credit institutions • Nebraska

THIS BUSINESS LOAN AGREEMENT dated April 1, 2010, is made and executed between Wyoming Financial Lenders, Inc. (“Borrower) and WERCS (“Lender) on the following terms and conditions. Borrower has received prior commercial loans from Lender or has applied to Lender for a commercial loan or loans or other financial accommodations, including those which may be described on any exhibit or schedule attached to this Agreement. Borrower understands and agrees that: (A) in granting, renewing, or extending any Loan, Lender is relying upon Borrower’s representations, warranties, and agreements as set forth in this Agreement; (B) the granting, renewing, or extending of any Loan by Lender at all times shall be subject to Lender’s sole judgment and discretion; and (C) all such Loans shall be and remain subject to the terms and conditions of this Agreement.

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COMMERCIAL SECURITY AGREEMENT
Commercial Security Agreement • May 13th, 2010 • Western Capital Resources, Inc. • Personal credit institutions • Wyoming

THIS COMMERCIAL SECURITY AGREEMENT dated April 1, 2010, is made and executed between Wyoming Financial Lenders, Inc. (“Grantor”) and WERCS (“Lender”).

COMMERCIAL PLEDGE AGREEMENT
Commercial Pledge Agreement • May 13th, 2010 • Western Capital Resources, Inc. • Personal credit institutions • Nebraska

THIS COMMERCIAL PLEDGE AGREEMENT dated April 1, 2010, is made and executed among Western Capital Resources, Inc. (“Grantor”); Wyoming Financial Lenders, Inc. (“Borrower”); and WERCS (“Lender”).

EMPLOYMENT AGREEMENT
Employment Agreement • May 13th, 2010 • Western Capital Resources, Inc. • Personal credit institutions

This Employment Agreement (this “Agreement”) is by and between Western Capital Resources, Inc., a Minnesota corporation (the “Company”), and John Quandahl (“Executive”), and entered into effective as of March 31, 2010.

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