CREDIT CARD PROCESSING

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" colspan=2 height=110 BGCOLOR="#3366FF" TEXT="#080000" bgproperties="fixed" background="052006e0egblwh.png"> <div> <B>CREDIT CARD PROCESSING</B></div> <div> <A HREF="index.htm" TARGET="_top" TITLE="AMERICAN SADDLE MAKERS ASSOCIATION"><U><B>HOME</B></U></A><B> </B><FONT SIZE="2" COLOR="#FFFFCC" FACE="Arial" ><B>  </B></FONT><A HREF="id17.htm" TARGET="_top" TITLE="MISSION OF THE AMERICAN SADDLE MAKERS AS"><U><B>ASMA MISSION</B></U></A><B>   </B><A HREF="id3.htm" TARGET="_top" TITLE="MEMBERSHIP "><U><B>MEMBERSHIP</B></U></A><B>   </B><A HREF="id28.htm" TARGET="_top" TITLE="TRAINING"><U><B>TRAINING</B></U></A><B>   </B><A HREF="id4.htm" TARGET="_top" TITLE="CERTIFICATIONS"><U><B>CERTIFICATIONS</B></U></A><B>  </B><A HREF="id71.htm" TARGET="_top" TITLE="STANDARDS AND PRACTICES"><U><B>STANDARDS AND PRACTICES</B></U></A><B>  </B><A HREF="id34.htm" TARGET="_top" TITLE="BUSINESS SERVICES"><U><B>BUSINESS SERVICES</B></U></A><B> </B></div> <div> <B> </B><A HREF="id35.htm" TARGET="_top" TITLE="RESOURCE CENTER"><U><B>RESOURCE CENTER</B></U></A><B>    </B><A HREF="id27.htm" TARGET="_top" TITLE="A.S.M.A. FORUM"><U><B>FORUM</B></U></A><B>  </B><B> </B><A HREF="id55.htm" TARGET="_top" TITLE="CALENDAR OF EVENTS"><U><B>CALENDAR OF EVENTS</B></U></A><B>  </B><B> </B><A HREF="id6.htm" TARGET="_top" TITLE="CONTACT US"><U><B>CONTACT US</B></U></A><B> </B></div> <div> </div> </td> </tr><tr> <td valign="top" width=125 BGCOLOR="#FFFFFF" TEXT="#080000" background="053c0c00egerdp.png"> <bR> <bR> <div> <B><IMG SRC="07456640.jpg" border=0 width="86" height="100" ALIGN="BOTTOM" HSPACE="0" VSPACE="0"></B></div> <div> <B>GO TO THE FOLLOWING</B></div> <bR> </td> <td valign="top" height=370 BGCOLOR="#FFFFFF" TEXT="#080000"> <div> <I>Proposal from Vericom for credit card processing</I></div> <bR> <div> 1.  Must have a minimum of 15 members for initial sign up and additional members may be added one at a time.</div> <div> 2.  Discount rate is 1.54% per swipe. <FONT SIZE="4" COLOR="#BF0000" FACE="Arial" >*</FONT></div> <div> 3.  Transaction fee of $.20 per item.</div> <div> 4.  Statement fee of $15.00, but may be reduced if statement sent by e-mail.</div> <div> 5.  Terminal lease $65.00 per month for 12 months then owned by member.  The normal fee is $95.00</div> <div> 6.  Optional check depositing program a $.25 per check.  The check amount is auto deposited at time of transaction.  </div> <div> <I><B><U>*  The rates quoted are current market rates, the rates are subject to change.</U></B></I></div> <bR> <bR> <bR> <bR> <DIV ALIGN="LEFT"></DIV> <div> <I><U>e-mail</U></I><B> </B><FONT SIZE="1" COLOR="#0000FF" FACE="Arial" ><B>   </B><A HREF="mailto:info@saddlemakers.org" TARGET="_top" TITLE="mailto:info@saddlemakers.org"><U><B>mailto:info@saddlemakers.org</B></U></A></FONT></div> <bR> <div> <B>Copyright 2004 American Saddle Makers Association, Inc.</B></div> <bR> </td> </tr></table></body>