K2 Contracting, Inc.

1094 Cudahy Place, Suite 322

San Diego CA 92110 Progress Billing
619-275-5187 Application: 20
License: 821384 Period: 9/25/09
Owner: 502 Myers Street, LLC Job Location: Crystal Sands
2223 Avenida de la Playa, #101 502 Myers Street
La Jolla, CA 92037 Oceanside, CA 92054

Application For Payment On Contract Contractor's Certification of Work

Original Control Estimate Amount...........
Net Change by Change Orders................
The undersigned contractor certifies that, to the best of the contractor's
knowledge, the work on the the above named job has been completed in
$5,231,872.68 accordance with the plans and specifications to the level of completion
indicated on the attached schedule of completion.
$297,017.24

Contract Sum to Date............................... $5,528,889.92

Total Complete to Date............................ $5,254,603.15 Contractor: Date:

Total Retained..........................................

Owner & Bank Approval

Total Earned Less Retained.................... $5,254,603.15

Less Previous Billings.............................. $4,961,534.36

Bank: Date:
Current Payment Due............................. $293,068.79

Balance on Contract................................. $274,286.77 Owner: Date:

Terms: Invoices are due and payable 5 days from the date of invoice. All overdue amounts will be charged a service charge of
0.00 % per month. Please make checks payable to: K2 Contracting, Inc.

Thank you for your prompt payment.