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RELEASE OF ESCROW AGREEMENT <br /> Old Republic National Title Insurance Company <br /> National Commercial Title Services Group <br /> 10655 Park Run Drive, Suite 160 <br /> Las Vegas,NV 89144 <br /> Sportech, Inc. <br /> 10800 175th Avenue NW <br /> Elk River, MN 55330 <br /> RE: Escrow Agreement between Sportech, Inc., the Economic Development <br /> Authority of the City of Elk River and Old Republic National Title Insurance <br /> Company dated March_, 2015 (the "Escrow Agreement") <br /> Sportech, Inc. (the"Borrower"),the Economic Development Authority of the City of Elk <br /> River(the "Lender") and Old Republic National Title Insurance Company (the"Escrow <br /> Agents") entered into the above described Escrow Agreement in connection with the granting of <br /> a forgivable loan by the Lender to the Borrower. Under the Escrow Agreement,the Borrower <br /> agreed to provide certain Funds (as defined in the Escrow Agreement")to be escrowed with the <br /> Escrow Agent. <br /> Section 3(b) of the Escrow Agreement provides that if the Borrower has met certain <br /> requirements,then the EDA will provide a Satisfaction Notice(as defined in the Escrow <br /> Agreement)to the Escrow Agent. The Borrower has met all requirements set forth in Section <br /> 3(b) of the Escrow Agreement and this letter serves as the Satisfaction Notice required to release <br /> the Funds held by the Escrow Agent to the Borrower. Upon the payment of such Funds to the <br /> Borrower,the Escrow Agreement is terminated. <br /> This Satisfaction of Escrow Agreement is effective this_day of April, 2016. <br /> ECONOMIC DEVELOPMENT <br /> AUTHORITY OF THE CITY OF ELK <br /> RIVER <br /> By <br /> President <br /> By <br /> Executive Director <br /> 478269v1 JSB EL185-31 <br />