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Qualifications <br /> A'VI SPL® <br /> Tampa - Rental <br /> 6206 Benjamin Road <br /> Suite 310 ... . <br /> Tampa FL 33634 <br /> Phone(813)884-7168 <br /> Toll Free(800).282-6733• <br /> Fax(813)889-7619 <br /> United Kingdom <br /> Unit 12 Armstrong Mall <br /> Southwood Business Park <br /> Farnborough GU14 ONR <br /> Washington, DC <br /> 9701 Philadelphia Ct. <br /> Suite J <br /> Lanham, MD 20706 <br /> Phone(301)306-0120 <br /> Toll.Free(877)373-6848 <br /> fax(301)306-7540 <br /> 4.1.6. <br /> In April 2008,Audio Visual Innovations,Inc.and Signal Perfection,Ltd.combined their respective businesses to <br /> form the consolidated business we call"AVI-SPL." For all practical purposes,we market and manage the combined <br /> businesses and their products and services as a single company. Our customers are given the benefit of the <br /> capacities, people,expertise,experience and products of the combined company,and the combined company <br /> shares the same management,insurance and bonding arrangements. However,as is often the case,our legal <br /> structure is a little more detailed. Below is a brief explanation of our legal structure and why we continue to enter <br /> into contracts with via the separate AVI and SPL entities. <br /> From a legal perspective,the combination of AVI and SPL was accomplished through the following general steps: <br /> • first,a new holding company known as AVI-SPL, Inc.was formed; <br /> • second,AVI-SPL, Inc.(the new holding company)purchased 100%of the ownership interests of Signal <br /> Perfection, Inc.;and <br /> • third,AVI-SPL, Inc. (the new holding company)purchased 100%of the ownership interests of Audio Visual <br /> Innovations. <br /> As a result,the current legal structure is that AVI-SPL, Inc. is a holding company that is the 100%owner and parent <br /> company of AVI and SPL,and AVI and SPL continue to be valid, legally existing entities. <br /> As a holding company,AVI-SPL, Inc.has no separate business or operations—other than the ownership of AVI and <br /> SPL. Rather,from a legal perspective,AVI continues to own its assets and business operations,and SPL also <br /> continues to own its assets and businesses. However,as noted above,both companies are under the same <br /> AVI-SPL 2012 Page 115 <br />