July 1, 2001

Angele McQuade
101 E. State St. #209
Ithaca, NY 14850
[email protected]

Dear Club Members:

We would like to include your club profile, including identifying information such as club name, location, portfolio value and operating procedures(the “Material”) in our new book, Investment Clubs for Dummies, (the "Work") to be published by Hungry Minds, Inc., ("Hungry Minds") in 2002. The purpose of this letter is to obtain your prior written permission to use your material and publish it as part of the Work. If this is acceptable, please fill out and sign the form at the end of this letter and send it to my address, which is listed above.

By signing below, you grant to Hungry Minds, its successors and assigns, the non-exclusive right and license to use, display, reproduce, publish, transmit, and distribute the Material in the Work in all languages throughout the world, and in all advertising and promotions of the Work.Your grant and license shall also apply to any reprintings, revised editions, or derivative works of the Work in any media or formats, whether now or hereafter known, including without limitation other kinds of print media and electronic media (such as on-line systems, CD‑ROM applications, and multimedia products).

Your signature below also grants to Hungry Minds permission to use your name, biographical information, and E-Mail address in the Work should Hungry Minds, in its sole discretion, decide to do so. It is expressly understood, however, that Hungry Minds is under no obligation whatsoever to include any of this information in the Work. We have no intention or desire to publish E-Mail addresses or other sensitive information, but are required to include this stipulation nevertheless.

By signing below you represent and warrant that (i) you are the sole owner of all copyright, trademark, and other intellectual property and proprietary rights in and to the Material, (ii) Hungry Minds' publication of the Material as authorized herein will not violate or infringe any copyright, trademark, or other intellectual property or proprietary right of any person or entity , (iii) you are not a party to and the Material is not subject to any contract or arrangement which would conflict with your permission herein and (iv) by signing, you are acknowledging that you are your investment club’s duly appointed representative, and that you have the right and permission to sign this waiver on behalf of any club members whose signature does not appear on the letter.

Please acknowledge your agreement with the foregoing by signing and completing the information below on both originals.I request that you keep one original for your files, and return the other original to me at the address below.Your timely cooperation is appreciated. This signed letter must be returned before your club profile will be considered for inclusion in Investment Clubs for Dummies.

I look forward to receiving your permission to use your contribution in the Work.

Sincerely, _________________________________________

Angele McQuade
Author, Investment Clubs for Dummies
101 E. State St. #209
Ithaca, NY 14850
[email protected]

ACKNOWLEDGED AND AGREED: I hereby authorize the use and publication of the Material in Investment Clubs for Dummies to be utilized and published as described above.

_______________________________________
Authorized Signature