old_contents: module.exports = [
  	{
  		test: /\.jsx?$/,
  		exclude: /(node_modules|bower_components)/,
  		loaders: ['react-hot']
  	},
  	{
  		test: /\.jsx?$/,
  		exclude: /(node_modules|bower_components)/,
  		loader: 'babel',
  		query: {
  		  presets: ['es2015', 'react'],
  		  plugins: ['transform-runtime', 'transform-decorators-legacy', 'transform-class-properties'],
  		}
  	},
  	{
  		test: /\.eot(\?v=\d+\.\d+\.\d+)?$/,
  		loader: "file"
  	},
  	{
  		test: /\.(woff|woff2)$/,
  		loader: "url?prefix=font/&limit=5000"
  	},
  	{
  		test: /\.ttf(\?v=\d+\.\d+\.\d+)?$/,
  		loader: "url?limit=10000&mimetype=application/octet-stream"
  	},
  	{
  		test: /\.svg(\?v=\d+\.\d+\.\d+)?$/,
  		loader: "url?limit=10000&mimetype=image/svg+xml"
  	},
  	{
  		test: /\.gif/,
  		loader: "url-loader?limit=10000&mimetype=image/gif"
  	},
  	{
  		test: /\.jpg/,
  		loader: "url-loader?limit=10000&mimetype=image/jpg"
  	},
  	{
  		test: /\.png/,
  		loader: "url-loader?limit=10000&mimetype=image/png"
  	}
  ];
  
new_contents: module.exports = [
  	{
  		test: /\.jsx?$/,
  		exclude: /(node_modules|bower_components)/,
  		loaders: ['react-hot']
  	},
  	{
  		test: /\.jsx?$/,
  		exclude: /(node_modules|bower_components)/,
  		loader: 'babel',
  		query: {
  		  presets: ['es2015', 'react'],
  		  plugins: ['transform-runtime', 'transform-decorators-legacy', 'transform-class-properties'],
  		}
  	},
  	{
  		test: /\.eot(\?v=\d+\.\d+\.\d+)?$/,
  		exclude: /(node_modules|bower_components)/,
  		loader: "file"
  	},
  	{
  		test: /\.(woff|woff2)$/,
  		exclude: /(node_modules|bower_components)/,
  		loader: "url?prefix=font/&limit=5000"
  	},
  	{
  		test: /\.ttf(\?v=\d+\.\d+\.\d+)?$/,
  		exclude: /(node_modules|bower_components)/,
  		loader: "url?limit=10000&mimetype=application/octet-stream"
  	},
  	{
  		test: /\.svg(\?v=\d+\.\d+\.\d+)?$/,
  		exclude: /(node_modules|bower_components)/,
  		loader: "url?limit=10000&mimetype=image/svg+xml"
  	},
  	{
  		test: /\.gif/,
  		exclude: /(node_modules|bower_components)/,
  		loader: "url-loader?limit=10000&mimetype=image/gif"
  	},
  	{
  		test: /\.jpg/,
  		exclude: /(node_modules|bower_components)/,
  		loader: "url-loader?limit=10000&mimetype=image/jpg"
  	},
  	{
  		test: /\.png/,
  		exclude: /(node_modules|bower_components)/,
  		loader: "url-loader?limit=10000&mimetype=image/png"
  	}
  ];
  
subject: exclude node_modules/bower_components folders