exhibit101.htm


    
      

      

    

    MEMORANDUM
of UNDERSTANDING

    


     

    Between

     

    BRISK SOLAR INC. a division of FEC
Finance Energy Corp a corporation incorporated pursuant to the laws of
the Province of British Columbia, Canada, with its registered office located in
Kelowna, BC, Canada

    


    And

     

    CASCADE TECHNOLOGIES CORP., (“CTC”)
a corporation registered pursuant to the Laws of the State of Wyoming,
United States, with its business office located in Lakewood, Colorado,
USA.

    


    


    Whereas:

    


    


    BSI is the developer and
manufacturer of certain solar energy related products and services referred to
as “Solar to Go Solutions”, hereinafter referred to as “the Products and
Services” and described in Schedule “A” attached hereto; and

    


    CTC desires to acquire the
exclusive license and right to market the Products and Services in the United
States and to sell other performance licensing agreements in the United
States.

     

    Now
therefore, BSI and CTC herby agree as follows:

     

    
      	
              1.  

            	
              BSI
      will grant to CTC the license and right to market the Products and
      Services in exchange for Six Million (6,000,000)
      Common Voting shares of CTC.

            


    

    


    
      	
              2.  

            	
              The
      license and right to market the Products and Services will be exclusive to CTC for
      the United States
      including any and all sales to Home
  Depot.

            


    

    


    
      	
              3.  

            	
              The
      license and right to market the Products will be granted to CTC under a
      performance basis for a term of 25 years with a 25 year option
      to renew.

            


    

    


    
      	
              4.  

            	
              CTC
      shall also have the right to market the Products and Services Globally on
      a wholesale basis and maintain contracts Globally. CTC will have the right
      to maintain and own service contracts under the CTC name on a Global
      basis, excluding Africa.

            


    

    


    
      	
              5.  

            	
              CTC
      will purchase all the Products from BSI at pre-determined wholesale
      prices.

            


    

    


    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

    During
the term of this Memorandum, BSI and CTC will continue negotiations with the
intention of completing and executing a Definitive License and Distribution
Agreement.

    


    This
Memorandum will come into effect from the date of signing by both parties, and
will remain valid for 30 days.  In the event that the Definitive
Agreement is not executed by the end of this 30 day period, then this Memorandum
shall expire and neither BSI nor CTC shall have any rights or any obligations
under this Memorandum.

    


    This
Memorandum represents the understanding of both the parties to work together on
the above-mentioned points.

    


    IN
WITNESS WHEREOF, the parties have executed this Memorandum of Understanding
this  30th day of April, 2009.

     

    BRISK
SOLAR INC.

    


    /s/
Mel
H Farrell                

    President

     

    CASCADE
TECHNOLOGIES CORP.

    


    /s/
Dwayne Flett                

    President


    
      
         


      

      
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    SCHEDULE
A

    


    PRODUCTS
AND SERVICES

    


    Solar
Home Package

    


    Solar
Phone Booth Kit

    


    Solar
Water Pumps

    


    Solar
Roof Top Panels

    


    Solar
Water Heater


    
      
         


      

      
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