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| BETWEEN: | GENMED HOLDING CORP.      (the "Company"), a corporation organized and existing under the laws of      the State of Nevada, with its head office located  at: |
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|   | Röntgenlaan      27 |
|--------|--------------------------|

|   | 2719      DX  Zoetermeer |
|--------|------------------------------------|

|   | Netherlands |
|--------|-------------|

| AND: | G.M.W. HIBMA ("Note      Holder 1"), an individual residingat: |
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|   | Langestammerdijk      31 |
|--------|--------------------------|

|   | 1109      BL  Amsterdam |
|--------|-----------------------------------|

|   | Netherlands |
|--------|-------------|

| AND: | TOTAL LOOK B.V. ("Note      Holder 2"), a corporation organized and existing under the laws of the      Netherlands, with its head office locatedat: |
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|   | Langestammerdijk      31 |
|--------|--------------------------|

|   | 1109      BL  Amsterdam |
|--------|-----------------------------------|

|   | Netherlands |
|--------|-------------|

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| Convertible      Note Agreement | Page      1 of 6 |
|---------------------------------|------------------|

| 1. | ISSUE      OF NOTES |
|----|---------------------|

|   | a. | The      Company will authorize the issuance of a 100% Premium Secured Convertible      Note (hereinafter called "Note") in the aggregate principal amount of      $925,000      (nine-hundred and twenty-five thousand US Dollars)  to be dated      JUNE 30, 2009 and to mature on JUNE 30, 2010, bearing interest on the      unpaid principal thereof at the rate of 8% per annum until maturity,      payable on JUNE 30, 2010. |
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|   | b. | For      the purposes of calculating interest for any period for which the interest      shall be payable, such interest shall be calculated on the basis of a 30      day month and a 365 day year. The Company will promptly and punctually pay      to Note Holder or its nominee the interest on the Note held by Note Holder      without presentment of the Note. In the event the Company defaults on any      installment of interest or principal, then the Holder of the Note may, at      his option, without notice, declare the entire principal and the interest      accrued thereon immediately due and payable and may proceed to enforce the      collection thereof. |
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|   | c. | The      Company will also authorize the issuance of 23,125,000 shares of its      common stock (hereinafter called "The Stock") and will authorize the      issuance of and reserve for such purchase such a number of additional      shares of common stock (hereinafter called the "Conversion Stock") as may      from time to time be the maximum number required for issuance upon      conversion of the Notes pursuant to the conversion privileges hereinafter      stated. |
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| 2. | SALE      AND PURCHASE OF NOTES AND STOCK |
|----|-------------------------------------------|

| 3. | REPRESENTATIONS      AND WARRANTIES BY THE COMPANY |
|----|----------------------------------------------------|

|   | a. | Company      is a corporation duly organized and existing in good standing under the      laws of the State of NEVADA has the corporate power to own its own      property and to carry on in the business as it is now being      conducted. |
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|   | b. | There      is no action or proceeding pending or, to the knowledge of the Company,      threatened against the Company before any court or administrative agency,      the determination of which might result in any material adverse change in      the business of the Company. |
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|   | c. | The      Company has title to the respective assets including the assets reflected      on the financial statements for the period ending MARCH 31, 2009 and which      assets are subject to no liens, mortgages, encumbrances or      charges. |
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|   | d. | The      Company is not a party to any contract or agreement or subject to any      restriction which materially and adversely affects its business, property      or assets, or financial condition, and neither the execution nor delivery      of this Agreement, nor the confirmation of the transactions contemplated      herein, nor the fulfillment of the terms hereof, nor the compliance with      the terms and provisions hereof and of the Note, will conflict with or      result in the breach of the terms, conditions or provisions or constitute      a default, under the Articles of Incorporation or Code of Regulations of      the Company or of any Agreement or instrument to which the Company is now      a party. |
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|   | e. | The      Company has not declared, set aside, paid or made any dividend or other      distributions with respect to its capital stock and has not made or caused      to be made directly or indirectly, any payment or other distribution of      any nature whatsoever to any of the holders of its capital stock except      for regular salary payments for services rendered and the reimbursement of      business expenses. |
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| Convertible      Note Agreement | Page 2      of 6 |
|---------------------------------|-----------------------|

|   | f. | The      Company owns or possesses adequate licenses or other rights to use, all      patents, trademarks, trade names, trade secrets, and copyrights used in      its business. No one has asserted to the Company that its operations      infringe on the patents, trademarks, trade secrets or other rights      utilized in the operation of itsbusiness. |
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| 4. | REPRESENTATIONS      AND WARRANTIES BY THE NOTE HOLDERS |
|----|---------------------------------------------------------|

|   | a. | The      Note Holder is subscribing for the Note and Stock for investment purposes      and not with the view to or for sale in connection with any distribution      thereof and that they have no present intent to sell, give or otherwise      transfer the Notes or Stock. |
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|   | b. | The      Note Holder state he is a resident of the  NETHERLANDS. |
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|   | c. | The      Note Holder understand that this is a highly speculative investment in a      Company which is insolvent both from a legal and an equity      standpoint. |
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|   | d. | Note      Holder state that he will be active in the affairs of the business of the      Company. |
|--------|----|---------------------------------------------------------------------------------------------------|

| 5. | PREPAYMENT      OF THE NOTES |
|----|------------------------------|

| 6. | CONVERSION |
|----|------------|

|   | a. | The      Holder of the Note at any time up to and including the maturity date (or,      as to the Note to which notice of prepayment shall have been given, at any      time up to the close of business on the third business day prior to the      day fixed for prepayment) but not thereafter may convert the Note in whole      or in part into as many fully paid and non-assessable shares of Common      Stock of the Company as the principal amount of the Note so converted at a      multiple of $0.04 per share (“the Fixed Conversion Price”) upon surrender      of the certificate representing the Note to the Company at its principal      office in the City of ZOETERMEER. If the Note shall be converted in part,      the Company shall, at its option and without charge to the Holder, either      (I) execute and deliver to the Holder a Note for the balance of the      principal amount so converted, or (ii) make note thereon of the principal      of the amount converted. |
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|   | b. | Upon      conversion of the Note, all accrued and unpaid interest on the principal      amount converted shall be paid to the Holder by the    Company. |
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|   | c. | The      Company shall take all necessary steps to maintain the registration for      the shares held subject to the conversion privilege as described in this      section. |
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|   | d. | In      the case the Company shall issue or sell any share of its Common Stock      (other than the Stock Shares issued upon conversion of the Note) without      consideration or for consideration per share less than the conversion      price of $0,04 per share, then forthwith upon such issuance or sale, the      conversion price of the Note shall be adjusted to the price equal to the      price for which the Company shall issue or sell any share of its Common      Stock. |
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|   | e. | In      case the Company shall at any time divide its outstanding shares of Common      Stock into a greater number of shares, the conversion price in effect      immediately prior to such subdivision should be proportionately reduced,      and, conversely, in the case of outstanding shares of Common Stock of the      Company shall be combined into a smaller number of shares, the actual      conversion price in effect immediately prior to such combination shall be      proportionately increased. |
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| Convertible      Note Agreement | Page 3      of 6 |
|---------------------------------|-----------------------|

|   | f. | No      fractional share of Common Stock shall be issued upon conversion of the      Note. If any the Holder of the Note shall have converted the Note held by      him other than a principal amount so small that less than a whole share of      Common Stock would be issuable upon conversion thereof, the Company may      elect to prepay such balance, with interest accrued thereon to the date      fixed for prepayment, or  leave the same outstanding until the      maturity of the Note. |
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|   | g. | In      any reclassification or change of outstanding shares of Common Stock      issuable upon conversion of the Note (other than a change in stated value      or from no par to par value) or in the case of any consolidation or merger      of the Company with any other corporation, or in the case of the sale and      conveyance to another corporation or person of the property of the Company      in its entirety or substantially as an entirety, the Company shall, as a      condition precedent to such transaction, case effective provisions to be      made that the Holder of the Note then outstanding shall have the right      thereafter to convert the Note into the kind and amount of shares of Stock      and other securities and property receivable upon such reclassification,      change, consolidation, merger, sale or conveyance by a Holder of the      number of shares of Common Stock in the Company into which the Note might      have been converted immediately prior to such reclassification, change,      consolidation, merger, sale orconveyance. |
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| 7. | COVENANTS |
|----|-----------|

|   | a. | The      Company covenants that so long as the Note is in existence, it will      deliver to the Holder thereof (i) as soon as practical, after the end of      such quarterly period, in each fiscal year, consolidated income and      surplus statements of the Company; (ii) as soon as practical , after the      end of each fiscal year, a consolidated income and surplus statement of      the Company, and (iii) with reasonable promptness, such other financial      data as the Holder may request inwriting. |
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|   | b. | The      Company covenants that, so long as the Note is outstanding, it will permit      the Holder of the Note to visit and inspect, at the Holder's expense, any      of the property of the Company, including its books and records, and to      discuss affairs, finances and accounts with its  officers. |
|--------|----|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | c. | The      Company covenants that, without the written consent of the Holder of the      principal amount of the Note, it willnot: |
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|   | i | Create      or suffer to exist any mortgage, pledge, encumbrance, lien or charge of      any kind on any of its properties or assets, whether now owned or      hereafter acquired except for (i) mortgages, encumbrances, liens or      charges which are now in existence; (ii) mortgages, liens, charges and      encumbrances (a) for taxes, assessments or governmental charges or levies      on property of the Company if the same shall not be due or delinquent or      thereafter can be paid without penalty, or being contested in good faith      and by appropriate proceedings; (b) of mechanics and material men for sums      not yet due or being contested in good faith and by appropriate      proceedings; or (c) in connection with workers' compensation, unemployment      insurance and other state employment  legislation. |
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|   | ii | Assume,      guarantee, endorse or otherwise become liable in connection with the      obligations, stock or dividends of any person, firm or corporation except      in the ordinary course of business by endorsement of a negotiable      instrument in the course ofcollection. |
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|   | iii | Merge      or consolidate with any other corporation or sell, lease or transfer or      otherwise dispose of all or a substantial part of its assets to any      person, firm or corporation. |
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| Convertible      Note Agreement | Page 4      of 6 |
|---------------------------------|-----------------------|

| 8. | EVENT      OF DEFAULT |
|----|-----------------------|

|   | a. | The      breach of any of the events or conditions contained in Section 7 of this      Agreement shall constitute an event of default under this Agreement. The      Holders of the Note may give written notice of such breach and if the      Company shall within 45 days after receipt of such written notice have      failed to correct such occurrence or condition, then the Holder of the      Note may, at its option and without notice, declare the entire principal      and interest accrued thereon immediately due and payable and may proceed      with collection. |
|--------|----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | b. | If      the Company has made a material misrepresentation in connection with this      Agreement or with the transactions contemplated by this Agreement, or if      the Company makes an assignment for the benefit of creditors, or a trustee      or receiver is appointed for the Company; or if any proceeding involving      the Company is commenced under any bankruptcy, reorganization,      arrangement, insolvency, statute or law, such event shall be deemed a      default which will immediately entitled the Holder of the Note, at their      option and without notice, to declare the entire amount of interest      accrued thereon immediately due and payable and proceed to enforce the      collection thereof. |
|--------|----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | c. | In      case of default in the payment of any installment or principal, the Holder      of the Note may, at their option and without notice, declare the entire      principal and the interest accrued thereof immediately due and payable and      may proceed to enforce the collectionthereof. |
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| 9. | MISCELLANEOUS |
|----|---------------|

|   | a. | Any      and all notices, approvals or other communications to be sent to the      parties shall be deemed validly and properly given if made in writing and      delivered by hand or by registered or certified mail, return receipt      requested, and addressed to the Company at its principal office or to the      Holder of the Note at the addresses given to the Company by the Note      Holder. |
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|   | b. | This      Agreement may not be modified, amended or terminated except by written      agreement executed by all the partieshereto. |
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|   | c. | The      waiver of any breach or default hereunder shall not be considered valid      unless in writing and signed by the party giving such notice and no waiver      shall be deemed a waiver of any subsequent breach or default of      same. |
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|   | d. | The      paragraph headings contained herein are for the purpose of convenience      only and are not intended to define or limit the contents of      such. |
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|   | e. | The      validity, construction, interpretation and enforceability of this      Agreement and the Notes executed pursuant to this Agreement shall be      determined and governed by the laws of the State of      NETHERLANDS. |
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|   | f. | This      Agreement shall be binding upon and inure to the benefit of the company      and its successors and assigns. |
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|   | g. | This      Agreement may be executed in one or more counterparts, each of which shall      be deemed an original. |
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| Convertible      Note Agreement | Page 5      of 6 |
|---------------------------------|-----------------------|

| COMPANY                   |   | NOTE      HOLDER 1        |
|---------------------------|--------|---------------------------|
|                      |   |                      |
|                      |   |                      |
|                      |   |                      |
|                      |   |                      |
|                      |   |                      |
| Authorized      Signature |   | Authorized      Signature |
|                      |   |                      |
|                      |   |                      |
| Print      Name and Title |   | Print      Name and Title |
|                      |   |                      |
|                      |   |                      |
|                      |   |                      |
|                      |   | NOTE      HOLDER 2        |
|                      |   |                      |
|                      |   |                      |
|                      |   |                      |
|                      |   |                      |
|                      |   | Authorized      Signature |
|                      |   |                      |
|                      |   |                      |
|                      |   | Print      Name andTitle  |

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| Convertible      Note Agreement | Page 6      of 6 |
|---------------------------------|-----------------------|