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Loan agreement

between

Clyvia Technology GmbH, Friedrich-List-Allee 10
41844 Wegberg – Wildenrath

- Borrower -

and

DAST GmbH, Friedrich-List-Alee 10
41844 Wegberg – Wildenrath

- Lender -

1.
The Lender grants the Borrower a loan in the amount of EUR 28,000.00

2.
Upon disbursement, the annual interest payable on the loan is 8%.

3.
The loan agreement may be terminated at any time with a term of three months to
the end of a quarter.

Once the loan agreement terminates, the loan as well as the interest payable
becomes due.

Wegberg, dated 03/01/2008   [Stamp: Clyvia Technology GmbH [Stamp: DAST GmbH
Friedrich-List-Allee 10 Training Centre for Welding Technology 41844 Wegberg –
Wildenrath Friedrich-List-Alee 10 Tel: 02432/893626 41844 Wegberg – Wildenrath
Fax: 02432/893625 Tel: 02432-89 36 21 Email: info@clyvia-tec.com] Fax: 02432-89
36 28] [Signature] [Signature] (Borrower) (Lender)

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