Extension Agreement for $1,000,000 Loan Repayment between DRI and BHC Interim Funding III, L.P.

Summary

This agreement is between DRI and BHC Interim Funding III, L.P., represented by Brooks, Houghton & Company, Inc. It extends the repayment deadline for a $1,000,000 loan originally due on June 30, 2009, and previously extended to September 30, 2009, to October 31, 2009. The extension is granted to allow DRI additional time to complete the acquisition of a 50% equity interest in Mobitec Brasil Ltda., subject to meeting Brazilian legal and regulatory requirements.

EX-10.1 2 d68943exv10w1.htm EX-10.1 exv10w1

Exhibit 10.1


		Corporate Administration 13760 Noel Road, Suite 830 Dallas, Texas 75240 Phone: (214) ###-###-#### Fax: (214) ###-###-#### www.digrec.com

August 18, 2009

Mr. Andrew D. Shiftan
Managing Director
Brooks, Houghton & Company, Inc.
444 Madison Ave., 25th Floor
New York, NY 10022

Re: Repayment $1,000,000 under Loan Agreement

Dear Andrew:

Confirming our email correspondence on this matter, DRI requests that the $1,000,000 repayment due on June 30, 2009 under the terms of the Loan Agreement dated June 30, 2008 (see paragraph 2.5 E), should we not complete the acquisition of the 50% equity interest in Mobitec Brasil Ltda. on or before June 30, 2009, be further extended from September 30, 2009 to October 31, 2009. This extension of time to complete the transaction is necessary to allow us to meet certain Brazilian legal and regulatory requirements prior to completion of the transaction.

Best regards,


/s/ David L. Turney
David L. Turney; Chairman, CEO and President

Agreed and Acknowledged:

BHC Interim Funding III, L.P.


By:		/s/ Gerald Houghton
Name:		Gerald Houghton
Title:		Managing Partner