Consent and Waiver of Change of Ownership

This Consent and Waiver of Change of Ownership is between a creditor and borrower in which creditor agrees to consent to acquisition of borrower and to waive any borrower default. This document sets out the specific terms of this arrangement including the names of all parties, the amount of credit extended and creditor’s willingness to consent to borrower’s change of ownership. It is imperative that this Consent and Waiver of Change of Ownership be memorialized in writing in the event there are disagreements or disputes between the parties. (continued ...)