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COMMITMENTS

12 Months Ended

Dec. 31, 2013

7. COMMITMENTS:

The Company has employment agreements with two employees. The aggregate future commitment under these agreements is as follows:

Year ending December 31,

2014	$576,000
2015 2016	588,000 588,000
	$1,752,000

These agreements provide for additional bonus payments that are calculated as defined.

See Note 13 - Subsequent Events for further comments.

The Company leases an office and warehouse facility under a non-cancelable operating lease which expires in December 2022. The aggregate future commitments under this agreement are as follows:

Year ending December 31,

2014	$1,591,604
2015	1,562,685
2016 2017 2018	1,600,467 1,639,382 1,679,465
Thereafter	5,893,457
	$13,967,060

Rent expense for the years ended December 31, 2013, 2012 and 2011 was $1,636,171, $1,634,121 and $1,044,394, respectively.

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

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