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OPERATING LEASE COMMITMENTS

12 Months Ended

Jun. 30, 2012

NOTE 10 - OPERATING LEASE COMMITMENTS

Property Lease Commitments

Segment	Location(s)	Description
Business Solutions	Richmond, IN (1); Brentwood, TN (2); Provo, UT (3); Tucson, AZ (4); Loveland, CO (5); Phoenix, AZ (6); Indianapolis, IN (8)	Offices
Corporate	Indianapolis, IN (7)	Offices

(1)

The lease on this property was with the former Chief Operating Officer of the Company. The operating lease agreement provides for monthly base rent of $1.6 through August 31, 2011, and $1.3 through August 31, 2012. This lease was not renewed and operations were moved to Brentwood, TN.

(2)

The Company maintains an operating lease agreement that provides for monthly base rent of $12 through January 31, 2014. In addition to an escalating base monthly rent, the agreement requires the Company to pay any increase in operating costs, real estate taxes, or utilities over the base year.

(3)

The lease on this property is with the former President of ESG. The operating lease agreement provides for monthly base rent of $30 through May 30, 2011, $29 through January 31, 2012, and $18 through January 31, 2013, then increased 4% annually through January 31, 2015. The lessee pays most expenses related to repairs, maintenance, property taxes, and insurance. The lessor is required to carry minimal amounts of insurance.

(4)

The Company maintains an operating lease agreement that provides for monthly base rent of $4 through February 2015 and is increased 4% annually. The lessee has the right to terminate the lease at its election after a three year period with minimum penalty. The lessor pays most expenses related to repairs, maintenance, property taxes, and insurance. The lessor is required to carry minimal amounts of insurance.

(5)

The Company maintains an operating lease agreement that provides for monthly base rent of $2 through January 31, 2014. In addition to an escalating base monthly rent, the agreement requires the Company to pay most expenses related to repairs, maintenance, property taxes, and insurance. The lessor is required to carry minimal amounts of insurance.

(6)

The Company maintains an operating lease agreement that provides for monthly base rent of $3 through September 30, 2015. In addition to an escalating base monthly rent, the agreement requires the Company to pay most expenses related to repairs, maintenance, property taxes, and insurance.

(7)

The Company maintains an operating lease agreement with a limited liability company that is owned by the majority shareholder. The operating lease agreement provides for monthly base rent of $5 through August 2013, adjusted annually to fair market value. The lease was terminated April 1, 2012.

(8)

The Company maintains an operating lease agreement that provides for monthly base rent of $1.5 through February, 2015. In addition to an adjustable base monthly rent, the agreement requires the Company to pay most expenses related to repairs, maintenance, property taxes and insurance. The lessor is required to carry minimal amounts of insurance.

Rent expense under these agreements amounted to $612, $671 and $740 for the fiscal periods ending June 30, 2012, 2011 and 2010.

Future minimum commitments under these agreements at June 30, 2012 are approximately as follows:

	Facilities
2013		512
2014		447
2015		232
2016		9
	$	1,200

- Definition

The entire disclosure for significant arrangements with third parties, which includes operating lease arrangements and arrangements in which the entity has agreed to expend funds to procure goods or services, or has agreed to commit resources to supply goods or services, and operating lease arrangements. Descriptions may include identification of the specific goods and services, period of time covered, minimum quantities and amounts, and cancellation rights.

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