| 1. | Consideration. In      consideration and in satisfaction of the forgiveness of the entire      $8926.88 owed pursuant to and in connection with the Loan, which      amount is owed to the Creditor, the Company agrees to issue the      Creditor an aggregate of 2,679,064 shares of Common Stock (three      hundred shares for every $1.00 of the Loan converted into shares of common      stock)(the "Shares"). 2,500,000 shares of the 2,679,064 will be      issue on May 14, 2009. The remainder amount (179,064) will be      issue on July 15, 2009. |
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| 2. | Restricted      Shares. The Creditor agrees and understands that the Shares of the      Company to be issued to the Creditor have not been registered under      the Securities Act of 1933, as amended (the "1933 Act"), nor      registered under any state securities law, and will be      "restricted securities" as that term is defined in Rule 144 under the      1933 Act. As such, the Shares may not      be offered for sale, sold or otherwise transferred      except pursuant to an effective registration statement under the 1933      Act, or pursuant to an exemption from registration, under the 1933      Act. The shares to be issued to the Creditor will bear an appropriate      restrictive legend. |
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| 3. | Full      Satisfaction. Creditor agrees that she is accepting the Shares      in full satisfaction of the Loan which is being converted into Common      Stock and that as such Creditor will no longer have any rights of      repayment against the Company as to the $8926.88 previously      outstanding under the Loan which is being converted into Shares      pursuant to this Agreement (or any accrued or unpaid interest which is      being waived by Creditor as described above), at such time as      the Shares have been issued toCreditor. |
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|   | (a) | The      parties have all requisite power and authority, corporate or otherwise,      to execute and deliver this Agreement and      to consummate the transactions contemplated hereby and      thereby. The parties have duly and validly executed and delivered      this Agreement and will, on or prior to the consummation of      the transactions contemplated herein, execute, such other      documents as may be required hereunder and, assuming the due      authorization, execution and delivery of this Agreement by the      parties hereto and thereto, this Agreement constitutes, the legal, valid      and binding obligation of the parties enforceable against each party      in accordance with its terms, except as such enforcement may be      limited by applicable bankruptcy, insolvency, reorganization,      moratorium or similar laws affecting creditors' rights      generally and general equitableprinciples. |
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|   | (b) | The execution and delivery by the parties of this Agreement and the consummation      of the transactions contemplated hereby and thereby do not and shall      not, by the lapse of time, the giving of notice or otherwise: (a)      constitute a violation of arty law; or (b) constitute a breach or      violation of any provision contained in the Articles of Incorporation      or Bylaws, or such other documents) regarding organization and/or      management of the parties, if applicable; or (c) constitute      a breach of any provision contained in, or a default      under, any governmental approval, any writ, injunction, order,      judgment or decree of any governmental authority or any contract to      which either the Company or the Creditor is a party or by which      either the Company or the Creditor is bound    or affected. |
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| 5. | Creditor Representations and Warranties. The Creditor      represents and warrants to the Company that the      Creditor has such knowledge and experience in financial and      business matters that the Creditor is capable of evaluating the      merits and risks of an investment in the Shares and that the Creditor      is an "accredited investor" as such term is defined under the      1933 Act The Creditor represents that she is familiar with the      Company's business objectives and the financial arrangements in      connection therewith and she believes that the Shares are the kind of      securities that she wishes to hold for investment and that the nature and      amount of the Shares are consistent with her investment program. The      Creditor has been advised and is folly aware that investing in      securities such as the Shares is a speculative and uncertain      undertaking whose advantages and benefits are generally limited to a      certain class of investors who understand the nature of the proposed      operations of the Company and for whom the investment      is suitable. The Creditor recognizes that an investment in the hares      involves certain risks and she has taken full cognizance of and      understands all of the risk factors related to the business      objectives of the Company and theShares. |
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|   | (a) | Assignment. All of the terms,      provisions and conditions of this Agreement shall be binding upon and      shall inure to the benefit of and be enforceable by the      parties hereto and their respective successors and permitted      assigns. |
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|   | (b) | Applicable      law. This Agreement      shall be construed in accordance with and governed by the laws of the      State of Illinois, excluding any provision which would require the      use of the laws of any otherjurisdiction. |
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|   | (c) | Entire Agreement.      Amendments and Waivers. This Agreement      constitutes the entire agreement of the parties regarding the subject      matter of the Agreement      and expressly supersedes all prior and contemporaneous understandings      and commitments, whether written or oral, -with respect to the      subject matter hereof. No variations, modifications, changes or      extensions of this Agreement or any other terms      hereof shall be binding upon any party hereto unless set forth in a      document duly executed by such party or an authorized agent or such      party. |
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|   | (d) | Section      headings. Section headings      are for convenience only and shall not define or limit the provisions      of this Agreement. |
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|   | (e) | Effect      of Facsimile      and Photocopied Signatures. This Agreement      may be executed in several counterparts, each of which is an original. It      shall not be necessary in making proof of this Agreement or any      counterpart hereof to produce or account for any of the other      counterparts. A copy of this Agreement signed by one party and faxed to      another party shall be deemed to have been executed and delivered by the      signing party as though an original. A photocopy of this Agreement shall      be effective as an original for allpurposes. |
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|   | [Remainder      of page left intentionally blank. Signature pages  follows.] |
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