

We appreciate your interest in LOAD-PRO, INC., and we look forward to hearing from you soon. Best of luck, and keep on trucking.
| NAME | PHONE # | CONTACT |
|---|---|---|
| Francis Powell Enterprises | (205) 275-4171 | Attn.: Mike |
| Purvis Farm Supply | (800) 766-8013 | Attn.: Nita |
| Charles G. Evans & Sons | (800) 382-4158 | Attn.: Houston |
| Hanna Truck Line | (800) 633-6044 | Attn.: John |
| Lavergne Transport | (800) 654-2362 | Attn.: Glenn |
|
COMMISSION LICENSE No. MC 254263 LOAD-PRO, INC. NORCROSS, GA This License is evidence of the applicant's authority to engage in operations as a broker. This authority will be effective as long as the broker maintains compliance with the requirements pertaining to insurance coverage for the protection of the public (49 CFR 1043) and the designation of agents upon whom process may be served (49 CFR 1044). Applicant shall also render reasonably continuous and adequate service under this authority. Failure to meet these conditions will constitute sufficient grounds for the suspension, change, or revocation of this authority. This authority is subject to any terms, conditions, and limitations as are now, or will be, attached to this privilege. This service to be performed is described on the reverse side of this document. By the Commission. Anne K. Quinlan Acting Secretary (SEAL) NOTE: If there are any discrepancies nregarding this document, please notify the Commission within 30 days. No. MC 254263 Page 2 To engage in operations, in interstate or foreign commerce, as a broker of general commodities (except household goods), between points in the U.S. ____________________________________________________________________ PROPERTY BROKER'S TRUST FUND AGREEMENT UNDER 49 U.S.C. 10927 OR NOTICE OF CANCELLATION OF THE AGREEMENT License No. MC-254263 (EXECUTED IN TRIPLICATE) KNOW BY ALL MEN BY THESE PRESENTS, That we Load-Pro, Inc. of P.O. 48, Tucker, GA as TRUSTOR (hereinafter called Trustor), and BARNETT BANK OF ATLANTA, DULUTH, GA, a financial institution created and exisiting under the laws of GEORGIA. as TRUSTEE (hereinafter called Trustee) bold and firmly bind ourselves and our heirs, executors, administrators, successors, and assigns jointly and severally, firmly bythese presents. WHEREAS, the Trustor is or intends to become a Broker pursuant to the provisions of theInterstate Commerce Act, and the rules and regulations of the Interstate Commerce Commission relating to insurance or other security for the protection of motor carriers and shippers, and has elected to file with the Interstate Commerce Commission such a TrustFund Agreement as will ensure financial responsibility and the supplying of transportation subject to said Act in accordance with contracts, agreements, or arrangements therefore, and WHEREAS, this Trust Fund Agreement is written to assure compliance by the Trustor as alicensed Property Broker of Transportation motor vehicle with 49 U.S.C. 10927 (b), and the rules and regulations of the Interstate Commerce Commission, relating to insurance or security for the protection of motor carriers or shippers, and shall inure to the benefit of any and all motor carriers or shippers to whom Trustor may be legally liable for any of the damages herein described. NOW, THEREFORE, the trustor and trustee, to accomplish the above, agree as follows: 1. Trustee agrees that payments made pursuan to the security provided herein to shippers and motor carriers pursuant to this Agreement will be made exclusively and directly to shippers or motor carriers that are parties to contracts, agreements or arrangements with Trustor. 2. Trustee agrees that the protection afforded to shippers and motor carriers hereby will continue until any and all claims made by shippers or motor carriers for which Trustor may be legally liable have been settled or until the funds deposited by Trustor pursuant to this Agreement have been exhausted, whichever comes first. 3. The parties hereto acknowledge and certify that said Trustee shall exclusively manage the security and trust fund, as herein set forth and shall have legal title to the security and trust fund, pursuant to the terms and conditions as set forth in this agreement. Further, the parties hereto, and the said Trustee, as evidenced by their signatures to this agreement, acknowledge and certify that (a) said Trustee, neither has no expects to have any interest, financial, proprietary, or otherwise, whatsoever. In Trustor: and (b) said Trustor, neither has nor expects to have any interest, financial, proprietary, or otherwise, whatsoever, In Trustee. 4. Trustee acknowledges the receipt of the sum of Ten Thousand Dollars ($10,000), to be held in trust under the terms and conditions set forth herein. 5. Trustee may, within its sole discretion, invest the funds comprising the corpus of this trust fund consistent with its fiduciary obligation under applicable law. 6. Trustee shall pay, up to a limit of Ten Thousand Dollars ($10,000.00), directly to a shipper or motor carrier any sum or sums which Trustee, in good faith, determines that the Trustor has failed to pay and would be held legally liable by reason of Trustor's failure to perform faithfully its contracts, agreements, or arrangements for transportation by authorized motor carriers, made by Trustor while this agreement is in effect, regardless of the financial responsibility or lack thereof, or the solvency or bankruptcy, of Trustor. 7. In the event that the trust fund is drawn upon and the corpus of the trust fund is a sum less than Ten Thousand Dollars ($10,000) Trustor shall, within thirty (30) days, replenish the trust fund up to Ten Thousand Dollars ($10,000) by paying to the Trustee a sum equal to the difference between the existing corpus of the trust fund and Ten Thousand Dollars ($10,000). 8. Trustee shall immediately give written notice to the ICC of all lawsuits filed, judgements rendered, and payments made under this trust agreement and of any failure by Trustor to replenish the trust fund as required herein. 9. This agreement may be cancelled at any time upon thirty (30) days written notice by the Trustee of Trustor to the ICC on the form printed at the bottom of this agreement. The thirty (30) day notice period shall commence upon actual receipt of a copy of the trust fund agreement with the completed notice of cancellation at the ICC's Washington D.C. office The Trustee and/or Trustor specifically agrees to file such written notice of cancellation. 10. All sums due the Trustee as a result directly or indirectly of the administration of the trust fund under this agreement shall be billed directly to Trustor and in no event shall said sums be paid from the corpus of the trust fund herein established. 11. Trustee shall maintain a record of all financial transactions concerning the Fund, which will be available to Trustor upon request and reasonable notice and to the Commission upon request. 12. This agreement shall be governed by the laws of the State of GEORGIA, to the extent not inconsistent with the rules and regulations of the ICC. This trust fund agreement is effect the 11th day of MAY, 1993, 12:01 a.m., standard time at the address of the Trustor as stated herein and shall continue in force until terminated as herein provided. Trustee shall not be liable for payments of any of the damages herein before described which arise as the result of any contracts, agreements, undertakings, or arrangements made by the Trustor for the supplying of transportation after the cancellation of this Agreement, as herein provided, but such cancellation shall not affect the liability of the Trustee for the payment of any such damages arising as the result of contracts, agreements, or arrangements made by the Trustor for the supplying of transportation prior to the date such cancellation becomes effective. IN WITNESS WHEREOF, the said Trustor and Trustee have executed this Instrument on the 11th day of MAY, 1993. TRUSTOR LOAD-PRO, INC. P.O. BOX 48 TUCKER, GA 30085-0048 (770) 621-0019 TRUSTEE BARNETT BANK OF ATLANTA 3542 SATELLITE BLVD. DULUTH, GA 30136 (800) 241-3735 Only financial institutions may qualify to act as Trustee. Trustee, in the above signature, certifies that it is a financial institution and has legal authority to assume the obligations of Trustee and the financial ability to discharge them. NOTICE OF CANCELLATION THIS IS TO ADVISE THAT THE ABOVE BROKER TRUST FUND AGREEMENT EXECUTED ON THE ____________ DAY OF ____________, 19______ IS HEREBY CANCELLED AS SECURITY IN COMPLIANCE WITH THE ICC SECURITY REQUIREMENTS UNDER 49 U.S.C. 10927(b) and 49 C.F.R. 1043.4, EFFECTIVE AS OF THE ____________ DAY OF ____________ ,19______ 12:01 STANDARD TIME AT THE ADDRESS OF THE TRUSTOR, PROVIDED SUCH DATE IN NOT LESS THAN THRITY (30) DAYS AFTER THE ACTUAL RECEIPT OF THE NOTICE BY THE COMMISSION. __________________ DATE SIGNED __________________________________________________________ SIGNATURE OF AUTHORIZED REPRESENTATIVES OF TRUSTE(E) OR TRUSTOR. |
