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<br />invoice is due and payable upon receipt for professional services. Expenses will be billed in addition <br />and shown as a separate figure. Exhibit V is a pro-forma invoice showing the level of accounting <br />detail we will provide. <br /> <br />We will comply with all applicable laws, rules and regulations of federal, state and local government <br />entities. <br /> <br />Our ability to carry out the work required will be heavily dependent upon our past experience in <br />providing similar services to others, and we expect to continue such work in the future. We will, to <br />the degree possible, preserve the confidential nature of any information received from you or <br />developed during the work in accordance with our professional standards. <br /> <br />We assure you that we will devote our best efforts to carrying out the engagement. The results <br />obtained, our recommendations and any written material provided by us will represent our best <br />judgment based on the information available to us. Our liability, if any, will not be greater than the <br />amount paid to us for the services rendered. <br /> <br />This proposal constitutes the agreement between us. It cannot be modified except in writing by both <br />parties. Our agreement will be interpreted according to the laws of the State of Texas. <br /> <br />16 <br />