Intimas Limited

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All monies

All monies

All monies

All monies

All monies

£1,500,000 DUE FROM THE COMPANY TO THE C HARGEE ON ANY ACCOUNT WHATSOEVER

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ALL ACTUAL CONTINGENT PRESENT AND/OR FUT URE OBLIGATIONS AND LIABILITIES OD EACH DEBTOR (AS DEFINED IN THE GUARANTEE AND DEBENTURE) AND THE COMPANY TO THE CHARGE E ON ANY ACCOUNT WHATSOEVER

All monies

ALL ACTUAL CONTINGENT PRESENT AND/OR FUT URE OBLIGATIONS AND LIABILITIES FROM THE COMPANY TO THE CHARGEE ON ANY ACCOUNT W HATSOEVER (AS DEFINED IN THE GUARANTEE A ND DEBENTURE)

ALL ACTUAL CONTINGENT PRESENT AND/OR FUT URE OBLIGATIONS AND LIABILITIES WHATSOEV ER OF EACH DEBTOR (AS DEFINED IN THE DEE D), AND THE COMPANY (WHETHER IN RESPECT OF PRINCIPAL, INTEREST OR OTHERWISE) NOW OR HEREAFTER OWING TO EACH OF THE SECUR ED PARTIES (INCLUDING, UNDER THE GUARANT EE AND DEBENTURE AND UNDER ANY OF THE FI NANCING DOCUMENTS) (THE "SECURED OBLIGAT IONS") PROVIDED THAT NO OBLIGATION OR LI ABILITY SHALL BE INCLUDED IN THE DEFINIT ION OF "SECURED OBLIGATIONS" TO THE EXTE NT THAT, IF IT WERE SO INCLUDED, THIS GU ARANTEE AN DEBENTURE (AND ANY PART THERE OF) WOULD CONSTITUTE UNLAWFUL FINANCIAL ASSISTANCE WITHIN THE MEANING OF SECTION S 151 AND 152 OF THE 1985 COMPANIES ACT AND IN RESPECT OF WHICH THE APPROPRIATE PROCEDURES IN ACCORDANCE WITH SECTIONS 1 55-158 OF THE 1985 ACT HAVE NOT BEEN COM PLIED WITH.

ALL PRESENT AND /OR FUTURE OBLIGATIONS A ND LIABILITIES DUE OR TO BECOME DUE FROM THE COMPANY AND/OR SHERWOOD GROUP PLC A ND SHERWOOD GROUP (EUROPE) LIMITED TO TH E CHARGEE UNDER OR IN RELATION TO THE NE W FACILITY (AS DEFINED) AND IN RELATION TO THE CO-ORDINATOR'S COSTS