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Form Cr-Dpp-1 - Application For Coordinated State Review For Direct Participation Programs Page 2

The state of Texas is acting as the Program Administrator for CR-DPP. Please file a copy of this

form along with the Registration Statement, Prospectus and Cross Reference Sheet with the Texas

Securities Division, even if the issuer does not intend to register its shares for sale in the state of

Texas. There is no additional fee for coordinated review. Do not send fees to the state of Texas

unless the issuer intends to register its securities in the state of Texas.

The Applicant attests that all Registration Statements and Prospectuses will be identical in each of

the jurisdictions listed in the attached Form U-1 and that all applications will be filed

contemporaneously in those jurisdictions. Subsequent amendments to the Registration Statement

also will be filed contemporaneously in the jurisdictions identified above. The CR-DPP process

will take a minimum of sixty business days. The applicant should consider this time frame and

file the Form CR-DPP-1 as soon as possible after filing with the Securities and Exchange

Commission.

The Applicant understands that any application filed in a jurisdiction subsequent to the initial

filing may be reviewed separately and may involve application of non-CR-DPP standards. The

Applicant understands that the merit states participating in CR-DPP will be using certain NASAA

Guidelines as the uniform standard for review. For information on the standards to be applied,

please contact the state of Texas.

The Applicant agrees to resolve comments through the Lead Disclosure and the Lead Merit

jurisdictions until such time as the Lead jurisdictions agree that the comment should be resolved

through direct contact between the applicant and the jurisdiction with the unresolved comment.

Authorized Representative

_____________________________

Print Name

_____________________________

Title

_____________________________

Name of Issuer

_____________________________

Form Cr-Dpp-1 - Application For Coordinated State Review For Direct Participation Programs Page 2