DRAFT DEED OF COVENANT

Scope and Content

1. Edward Allen and Elizabeth Allen (the elder), Clara Allen, Elizabeth Allen (the younger), Alfred George Allen, Edgar Henry Allen and Daniel Nixon Allen all of Station Rd., Colwyn Bay, house furnishers and Gertrude Shaw, wife of Arthur Llewelyn Bancroft Shaw of Didsbury, Lancs., bank accountant.

2. Ernest Farrar of 29 Addison Rd., Kensington and Emily Farrar of The Grange, Oak Drive, Colwyn Bay, spinster.

Re: increased interest on principal sum of £3000 after a dispute.

Consideration: £4-10-0 p.c.p.a. interest.