Document:

April
28, 2009            

    Agency
Agreement

    

    Megola Inc., a corporation
pursuant to the laws of the State of Nevada, having the principle place of
business at Suite 111, 704 Mara Street, Point Edward, Ontario N7V LX4 (herein
called MEGOLA)

    

    and

    Innovative Composites Inc., a
corporation of the Province of Ontario, having its principle place of business
at 5500 North Service Road, Burlington, Ontario L7L 6W6 (herein called
ICI)

    

    
      	
            	
              A.

            	
              Background
      of Agreement

            

    

    

    MEGOLA
and ICI entered into a Memorandum of Understanding on March 13, 2009 whereby the
following points and terms were agreed to and which are now binding on both
parties;

    

    
      	
               
      

            	
              1.

            	
              MEGOLA
      has the exclusive rights to manufacture the Hartindo line of Fire
      Extinguishing Suppressants and Fire Inhibitors in North America (Appendix
      A(ii)). MEGOLA also has the exclusive rights to distribute the Hartindo
      line of products (“Products”) in Canada and co-exclusive distribution
      rights in the USA. MEGOLA has the desire to commercialize and market the
      Products in order to advance their business plan and have recognized the
      size of the potential market and the manpower, skills and resources that
      will be required to develop and capitalize on this
      potential.  MEGOLA is looking for solutions and assistance in
      this area.

            

    

     

    
      	
               
      

            	
              2.

            	
              ICI
      has the experience, contacts and resources to provide this solution and is
      ready, able, and willing to provide them to MEGOLA under a marketing and
      commercialization cooperation agreement between the
    parties.

            

    

     

    
      	
               
      

            	
              3.

            	
              MEGOLA
      represents that the manufacturing and distribution rights have been
      properly and legally acquired and that all terms required to maintain them
      in good standing have been met and will continue to be met in the
      future.

            

    

     

    
      	
               
      

            	
              4.

            	
              It
      is recognized that Megola has granted certain distribution rights to third
      parties as set out in Schedule A of this Agreement. ICI recognizes that
      certain of the companies listed in Appendix A have expended considerable
      effort and are close to obtaining sales contracts. ICI supported by Megola
      is prepared to support those initiatives under reasonable commercial
      terms.

            

    

     

    
      	
               
      

            	
              5.

            	
              ICI
      will become an Agent for commercialization of the Hartindo Anti-Fire
      product line on behalf of MEGOLA (Appendix A(ii)). As Agent, ICI will be
      provided with the authority and responsibility to coordinate all
      activities of all parties involved in commercialization of the Hartindo
      product line in North America. subject to ICI executing commercial
      agreements with the parties set out in Appendix
  A.

            

    

     

    
      	
               
      

            	
              6.

            	
              This
      Agreement will remain in effect perpetually and shall be extended for all
      Hartindo products (Appendix A(ii)) upon achieving the sales milestone for
      AF21 and achieving 15% annual sales growth for 5 years
      thereafter.

            

    

     

    
      	
               
      

            	
              7.

            	
              It
      is understood that Megola will not grant any additional distribution
      rights to any third party for sales of Hartindo products except as noted
      in Appendix A hereto, unless agreed upon in writing by both parties to
      this Agreement.

            

    

     

    
      	
               
      

            	
              8.

            	
              ICI
      will become  an Agent for commercialization of the Hartindo
      anti-fire product line (Appendix A(ii)) on behalf of MEGOLA and will
      manage the entire commercialization process inclusive of representative
      management, compensation, training, etc.
  including:

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
               
      

            	
              (a)

            	
              Develop
      and provide marketing materials and strategies on an industry by industry
      basis

            

    

     

    
      	
               
      

            	
              (b)

            	
              Provide
      dedicated customer service
representatives

            

    

     

    
      	
               
      

            	
              (c)

            	
              Provide
      engineering support for product development and
  testing

            

    

     

    
      	
               
      

            	
              (d)

            	
              Utilize
      a structured program management process from product inception through
      production release

            

    

     

    B.
Financial terms

     

    
      	
               
      

            	
              1.

            	
              ICI
      will provide Megola with a $100,000 (CAD) deposit upon execution of this
      Agreement which will be used to secure Hartindo product. Initial sales
      will be paid for from the $100,000 deposit until the deposit amount has
      been fully utilized. All sales subsequent to this will require a deposit
      equal to cost price at the time of order or such commercial terms as
      agreed to in writing by both parties. Terms shall be reviewed quarterly
      and if Megola can negotiate terms with suppliers it will pass those terms
      to ICI.

            

    

     

    
      	
               
      

            	
              2.

            	
              ICI
      will purchase AF21 product from Megola under a profit sharing arrangement
      as defined in Appendix B (omitted).

            

    

     

    
      	
               
      

            	
              3.

            	
              For
      any contracts that ICI receives utilizing its composite technology that
      also requires the application of the Hartindo material, ICI will acquire
      the raw material under favourable
conditions.

            

    

     

    
      	
               
      

            	
              4.

            	
              ICI
      will invoice customers for the Hartindo products and pay sales
      commissions. MEGOLA will have 24 hour online access to CRM software for
      financial review and information
purposes.

            

    

    

    
      	
               
      

            	
              5.

            	
              Testing
      and Certification Costs will be paid for by ICI. Megola will provide ICI
      with a credit representative of 50% of Testing and Certification costs
      required for each customer at the time of the initial
    order.

            

    

     

    
      	
               
      

            	
              6.

            	
              All
      technical knowledge, testing results and certifications will become the
      joint property of ICI and Megola for the advancement of the
      commercialization of the Hartindo line of products. Transfer or disclosure
      of any of the knowledge or certifications obtained to any third party
      requires the written consent of both Megola and
  ICI.

            

    

     

    
      	
               
      

            	
              7.

            	
              Hartindo
      product samples for testing purposes will be provided to ICI or their
      prospective customers on a sample cost plus shipping
  basis.

            

    

     

    
      	
               
      

            	
              8.

            	
              Hartindo
      Marketing and Promotional Materials will be developed and paid for by
      ICI.

            

    

     

    
      	
               
      

            	
              9.

            	
              Sales
      Commissions will be the responsibility of
ICI.

            

    

    

    C.
Vulcan Technologies “VULCAN” Agreement

     

    MEGOLA
acknowledges that ICI has entered into a binding agreement with VULCAN as per
“Appendix C”(omitted)

     

    D.
Other Terms

     

    
      	
               
      

            	
              1.

            	
              No
      press releases regarding this agreement shall be issued by either ICI or
      MEGOLA without prior consultation and concurrence between ICI and MEGOLA
      (as evidenced by the written acceptance of such releases or statements by
      the President of MEGOLA and at least one of the directors of ICI),
      provided that no party shall be prevented from making any disclosure which
      is required to be made by law or any rule of a stock exchange or similar
      organization to which it is bound. It is further understood that the
      details of this Agreement will not be shared with any third party until
      after a press release describing its contents has been
      released.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    
      	
               
      

            	
              2.

            	
              If
      MEGOLA is unable to provide ICI with the required volumes and/or
      quality  of Hartindo products or in the event that MEGOLA, for
      whatever reason, is not able to manufacture and/or deliver the Product to
      ICI and/or ICI’s Customers in accordance with MEGOLA’S normal and
      customary manufacturing and delivery practices in the chemical industry,
      or if the Product fails to conform to its specifications due to a lapse or
      series of lapses in quality control, then and in that event ICI shall have
      the authority to approach PCL and/or Newstar Chemical to obtain the
      license and right to manufacture the Product in accordance with its
      specifications in order to meet ICI’s and/or ICI’s Customer Product orders
      and the milestones set out in Appendix B (omitted) shall be adjusted for
      the availability of Product. If ICI were to start a relationship with PCL
      and/or Newstar Chemicals, Megola shall be compensated under mutually
      acceptable terms.

            

    

     

    
      	
               
      

            	
              3.

            	
              This
      agreement will be governed by the laws of the State of
    Nevada

            

    

     

    
      	
               
      

            	
              4.

            	
              This
      Agreement imposes personal obligations on ICI and MEGOLA.  ICI
      and MEGOLA shall not assign any of their respective rights under this
      Agreement not specifically transferable by its terms without the written
      consent of the other.

            

    

     

    
      	
               
      

            	
              5.

            	
              This
      Agreement, any documents incorporated by reference herein and any
      Appendixes hereto, constitutes the entire agreement between the parties
      pertaining to the subject matter hereof and supersede all prior
      agreements, understandings, negotiations and discussions with respect to
      the subject matter hereof whether oral or written, including the
      Memorandum of Understanding dated March 13, 2009 between MEGOLA and
      ICI.

            

    

     

    
      
        	
              	
                6.

              	
                A
      provision of this Agreement may be altered only by a writing signed by
      both parties. No
      supplement, modification or waiver of this Agreement shall be binding upon
      the parties unless executed in writing by
  them.

              

      

    

     

    Dated
this 28th day of April, 2009

    

    
      
        
          
            
              
                
                  
                    
                      	Innovative Composites
      Inc. 	 	Megola Inc
	 	 	 	 	 
	
                              Per:

                            	 
      	 
      	
                              Per:

                            	 
      
	
                              Terry
      Ball, President and CEO

                            	 
      	
                              Joel
      Gardner, President and
CEO

                            

                    

                  

                

              

            

          

        

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Appendix
A

     

    
      	
              (i)

            	
              ICI
      acknowledges that MEGOLA has entered into Agreements and Discussions with
      various Customers and Sales, Marketing and Distribution groups prior to
      entering into this Agreement. The following list shall be exempt from this
      agreement:

            

    

     

    
      	
               
      

            	
              o

            	
              WoodSmart
      Solutions Inc. and all Bluwood Licensees – Definitive
      Agreement

            

    

     

    
      	
               
      

            	
              o

            	
              Janus
      Products Corp. – Definitive
Agreement

            

    

     

    
      	
               
      

            	
              o

            	
              Vulcan
      Technologies, LLC – Definitive
Agreement

            

    

     

    
      	
               
      

            	
              o

            	
              Innovative
      Synergies, LLC - MOU

            

    

     

    
      	 	
              o

            	
              New
      Fire Solutions, LLC – MOU

            

    

     

    
      	
               
      

            	
              o

            	
              Lorvin
      Steel Ltd. and /or Subsidiaries – Verbal
  Agreement

            

    

     

    
      	
               
      

            	
              o

            	
              CTT
      Group - MOU

            

    

     

    
      	
               
      

            	
              o

            	
              Logistik
      Unicorp. and/or Subsidiaries - MOU

            

    

     

    
      	
               
      

            	
              o

            	
              Hazmat
      4U and Hazmat 1 - MOU

            

    

     

    MSE
Enviro-tech Corp- has a distribution agreement with Pacific Channel Limited for
exclusive agency for Hartindo sales in USA but it excludes any
sales distribution agreements that Megola Inc enters into with other companies
as listed above. MSE has authorization to obtain and purchase product from
Megola Inc. MSE and Megola have negotiated joint ventures with WoodSmart and
Janus Corp above.

     

    
      	
              (ii)

            	
              At
      present, MEGOLA can meet the manufacturing and supply requirements
      necessary to provide ICI with the following Hartindo Products for
      commercialization:

            

    

     

    Hartindo
AF21 in all its various forms (concentrate, wood and fabric solution,
powder)

     

    Titan 21
Blankets

     

    AF31 40/0
Spray (Xmas Tree/ Kitchen/ Boat/ Car Spray)

     

    Megola
agrees to extend the validity of this agreement to the commercialization of any
additional Hartindo products (AF31, AF11E, Dectan or any other Hartindo
products), subject to ICI meeting the milestones set out in Appendix B. Any
terms and conditions related to the commercialization of future products will be
determined at that time.Unassociated Document

    
      
        Execution
Version

      

       

      DEBT
FORGIVENESS AGREEMENT

      

      This Debt Forgiveness Agreement (the
“Agreement”) is entered
into and effective as of September 30, 2009 (the “Effective Date”) by and
between ForgeHouse Inc., a Nevada corporation (the “Borrower”), and John
Britchford-Steel, a resident of the State of Georgia, in his individual capacity
(“Guarantor”), and
Bryan Irving, a resident of the United Kingdom, in his individual capacity
(“Irving”) and Ian
Morl, a resident of the United Kingdom, in his individual capacity (“Morl”, collectively with
Irving the “Debt
Holders”) and Insurance Medical Group Limited f/k/a/ After All Limited, a
United Kingdom limited company (“After All” together with
Irving and Morl, in their capacity as members of After All the “Lender”), in reference to the
following:

      

      WHEREAS,
Borrower is indebted to Arngrove Group Holdings, a United Kingdom limited
company (“AGH”), for an
amount equal to U.S. $1,200,000 plus accrued interest and penalties, if any (the
“Original
Debt”);

      

      WHEREAS,
Debt Holders have agreed to acquire the Original Debt from AGH;

      

      WHEREAS,
Borrower is indebted to Lender for an amount equal to approximately U.S.
$200,000 plus accrued interest (the “After All Debt” and
collectively with the Original Debt, the “Debt”);

      

      WHEREAS,
Debt Holders, Lender and Borrower desire to enter into a new agreement regarding
the Original Debt and the After All Debt;

      

      WHEREAS,  Debt
Holders have agreed to forgive U.S. $785,000 of the Original Debt plus all
accrued interest thereon and penalties in respect thereof, if any (the “Forgiven Original
Debt”);

      

      WHEREAS,
Lender has agreed to forgive the entire After All Debt in the amount of U.S.
$200,000 plus accrued interest thereon and penalties in respect thereof, if any
(the “Forgiven After All
Debt” and together with the Forgiven Original Debt the “Forgiven Debt”);

      

      WHEREAS,
Borrower will remain obligated to satisfy the unforgiven portion of the Original
Debt and such portion equals U.S. $415,000 (the “Remaining
Debt”);

      

      WHEREAS,
as inducement to Debt Holders and Lender to forgive the Forgiven Debt, Guarantor
will guarantee the Remaining Debt pursuant to a guarantee in favor of the Debt
Holders in the amount of U.S. $125,000 U.S. (the “Guarantee”), of which U.S.
$100,000 U.S. will be deposited into escrow (the “Escrow Funds”) with counsel
for the Debt Holders as of the Effective Date;

      

      WHEREAS,
subject to certain conditions contained herein, Debt Holders and Lender have
determined to forgive the Forgiven Debt in its entirety and release Borrower
from any further obligation regarding the Forgiven Debt;

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      WHEREAS,
subject to certain conditions contained herein, Borrower has agreed to be
obligated and responsible for the Remaining Debt.

      

      NOW,
THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties agree as follows:

      

      1.  Acquisition of Original
Debt.  Debt Holders hereby agree to purchase the Original Debt
from AGH as of the Effective Date.  Further, Debt Holders agree to
take any and all necessary actions to approve, authorize and facilitate the
acquisition of the Original Debt from AGH.  The Debt Holders further
agree to take any and all actions necessary to extinguish any rights or claims
that AGH may have against the Borrower related to such Original Debt, including,
but not limited to, obtaining a release of Borrower by AGH.

      

      2.  Escrow
Funds.

      

      (a)           Guarantor
hereby agrees to deposit the Escrow Funds in immediately available funds by wire
transfer to Arnall Golden Gregory LLP (“AGG”), counsel for the Debt
Holders, as of the Effective Date.

      

      (b)           AGG
will hold such Escrow Funds, as escrow agent, until the earlier of:

      

      (i)           the
date on which Guarantor is required to deposit such Escrow Funds (thereafter
with all accrued interest thereon, if any, the “Deposited Funds”) with the
Private Bank of Buckhead, or such other bank as may be selected by Guarantor
(the “Bank”), in
connection with Guarantor’s, Borrower’s or any subsidiary of Borrower’s
application for a loan (“Loan
Application”) at which time, upon written notice (accompanied by any form
of evidence of such Loan Application, including, but not limited to, a term
sheet or copy of such Loan Application) from Guarantor to AGG of said Loan
Application, AGG will transmit the Escrow Funds within one (1) business day of
receipt of such notice to the Guarantor and Guarantor shall deposit such Escrow
Funds within one (1) Business Day with the Bank, or

      

      (ii)           December
31, 2009, if Borrower has not closed a Loan pursuant to a Loan Application by
such date, in which case AGG will release the Escrow Funds to the Debt Holders
within two (2) business days thereafter and Guarantor’s Guarantee shall
automatically be reduced by a corresponding amount.

      

      3.  Loan
Consummation.

      

      (a)           If
a Loan Application is approved, Borrower will within one (1) business day of the
closing of the Loan (the “Loan
Closing”) pay to AGG, for the benefit of the Debt Holders, U.S. $75,000
(the “Initial
Payment”), and as and when permitted under the terms of the Loan, but in
no event later than ten (10) business days after the Loan Closing, pay to the
Debt Holders U.S. $140,000 (the “Second Payment”), in
immediately available funds as a principal payment on the Remaining Debt and
Guarantor’s Guarantee shall automatically be reduced by the corresponding amount
of such Initial Payment and upon payment of the Second Payment the entire
obligation of Guarantor’s Guarantee shall be satisfied and Debt Holders shall
have no further rights or claims against Guarantor under such
Guarantee.

      

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

      (b)           In
connection only with any payments made under this Section 3, Borrower
shall further pay to the Debt Holders the remaining balance of U.S. $200,000 on
the Remaining Debt, without interest, in ten (10) monthly installments of U.S.
$20,000 as principal payments against the Remaining Debt, beginning on the 90th
day after the Loan Closing.

      

      (c)           The
payments made under Section 3(a) and
Section 3(b) of
this Agreement shall constitute complete and absolute satisfaction of the
Remaining Debt and no other payments under any other provisions of this
Agreement shall be required by Guarantor or Borrower.

      

      4.  Loan Application
Expiration.

      

      (a)           In
the event a Loan Closing has not occurred by December 31, 2009, the Deposited
Funds shall be returned to the Guarantor by the Bank and Guarantor shall pay
such Deposited Funds to AGG, for the benefit of the Debt Holders, within
two (2) business days of Guarantor's receiving such Deposited Funds from
the Bank and Guarantor’s Guarantee shall automatically be reduced by a
corresponding amount.  Notwithstanding the foregoing, in the event
that on or before December 31, 2009, Borrower or Guarantor receives written
confirmation (the “Denial
Notice”) from the Bank that the Loan Application will not be approved
(the “Loan Denial”), it
shall provide prompt written notice of the Denial Notice to AGG and Debt Holders
and shall pay the Deposited Funds to AGG, for the benefit of the Debt Holders,
within two (2) business days of Guarantor’s or Borrower’s receipt of the Denial
Notice.  Such Deposited Funds shall then be re-classified as Escrow
Funds pursuant to Section
2(b).

      

      (b)           In
addition to any payment made under Section 2(b)(ii) or
Section 4(a) of
this Agreement, upon demand under the Guarantee, Guarantor shall pay the
remaining balance of U.S. $25,000 of the Guarantee with respect to the Remaining
Debt to the Debt Holders in eleven (11) monthly installments of U.S. $2,083 and
one (1) installment of U.S. $2,087 beginning on the thirtieth (30th) day
after December 31, 2009 (the “Final Guarantee
Payments”).  Upon payment of the Final Guarantee Payments the
entire obligation of Guarantor’s Guarantee shall be satisfied and Debt Holders
shall have no further rights or claims against Guarantor under such
Guarantee.

      

      (c)           In
connection only with any payments made under this Section 4, Borrower
shall further pay to the Debt Holders the remaining balance of U.S. $290,000 on
the Remaining Debt, without interest, in three (3) monthly installments of U.S.
$30,000 each beginning on March 31, 2010 and ten (10) monthly installments of
U.S. $20,000 each thereafter, as principal payments against the Remaining
Debt.

      

      
        
           

        

        
          3

          
            

          

        

        
           

        

      

      (d)           Subject
to Section 5(f)
and Section
5(g), the payments made under Section 4(a), Section 4(b) and
Section 4(c) of
this Agreement shall constitute complete and absolute satisfaction of the
Remaining Debt and no other payments under any other provisions of this
Agreement shall be required by Guarantor or Borrower.

      

      5.  Original Debt Forgiveness
and Release of Borrower by Debt Holders; Mandatory Prepayment; Interest on Late
Payments.

      

      (a)           Debt
Holders hereby expressly forgive the Forgiven Debt, plus all accrued interest
and/or penalties due or that may become due, with respect to the Forgiven Debt
and all accrued but unpaid interest and/or penalties on the Remaining Debt to
and through the Effective Date and agree that from and after the Effective Date
no additional interest shall accrue on the Remaining Debt in consideration of
the Guarantee and deposit of the Escrow Funds by Guarantor.

      

      (b)           Debt
Holders hereby expressly acknowledge and understand that Debt Holders will
surrender any and all promissory notes or other evidence of the Original Debt,
as of the Effective Date, and such promissory notes or other evidence will be
marked as cancelled.

      

      (c)           Debt
Holders hereby expressly acknowledge and understand that as of the Effective
Date, Debt Holders release Borrower from any and all obligations related to the
Original Debt, including payment of any interest and/or penalties due thereon or
which may become due in the future.

      

      (d)           Borrower
hereby expressly acknowledges and understands that upon cancelling the Original
Debt, it will issue to the Debt Holders, as of the Effective Date, a promissory
note, attached hereto as Exhibit A,
representing the Remaining Debt in the amount of U.S. $415,000.

      

      (e)           Upon
the consummation on or before November 30, 2009 of one or more debt or equity
financings, excluding the financing arranged pursuant to a Loan Application, by
Borrower that exceeds U.S. $1,250,000 (such financing or financings, the “Additional Financing”),
Borrower shall be required to make mandatory prepayments of the Remaining Debt
from the proceeds of such Additional Financing that exceed $1,250,000 until the
Remaining Debt is paid in full.  Upon the consummation of an
Additional Financing after November 30, 2009, excluding the financing arranged
pursuant to a Loan Application, Borrower shall be required to apply the proceeds
from such Additional Financing first to make mandatory prepayments of the
Remaining Debt until the Remaining Debt is paid in full.

      

      (f)           Interest
shall accrue on the amounts payable by Borrower to Debt Holders under this
Agreement at the rate of ten percent (10%) simple interest per annum commencing
on the due date thereof for all payments due from Borrower to Debt Holders that
are not paid on the date due (unless such due date is a bank holiday, in which
case interest shall commence accruing on the next business day).  In
no event, shall the Borrower be responsible for interest due, if any, on amounts
payable by Guarantor to Debt Holders in accordance with Section 5(g) of this
Agreement.

      

      
        
           

        

        
          4

          
            

          

        

        
           

        

      

      (g)           Interest
shall accrue on the Final Guarantee Payments payable by Guarantor to Debt
Holders under this Agreement at the rate of ten percent (10%) simple interest
per annum commencing on the due date thereof for all payments due from Guarantor
to Debt Holders that are not paid on the date due (unless such due date is a
bank holiday, in which case interest shall commence accruing on the next
business day).  In no event, shall the Guarantor be responsible for
interest due, if any, on amounts payable by the Borrower to Debt Holders in
accordance with Section 5(f) of this
Agreement.

      

      6.  After All Debt Forgiveness
and Release of Borrower by Lender.

      

      (a)           Lender
hereby expressly forgives U.S. $200,000, plus accrued interest and/or penalties
due or that may become due, of the After All Debt in consideration of the
Personal Guaranty and deposit of the Escrow Funds by Guarantor.

      

      (b)           Lender
hereby expressly acknowledges and understands that Lender will surrender any and
all promissory notes or other evidence of the After All Debt, as of the
Effective Date, and such promissory notes or other evidence will be marked as
cancelled.

      

      (c)           Lender
hereby expressly acknowledges and understands that as of the Effective Date,
Lender releases Borrower from any and all obligations related to the After All
Debt, including payment of any interest and/or penalties due thereon or which
may become due in the future.

      

      7.  Representations and
Warranties of Lender.  Lender hereby represents and warrants to
Borrower as follows:

      

      (a)           After
All is a limited company, duly organized, validly existing and in good standing
under the laws of the United Kingdom.

      

      (b)           After
All has all requisite power and authority to carry on its business as
conducted.

      

      (c)           After
All has the requisite legal capacity and authority to execute and deliver this
agreement and to consummate the transactions contemplated herein.

      

      (d)           John
O’Brien’s execution of this Agreement and consummation of the transactions
contemplated herein, on behalf of After All and its equity and debt holders,
have been duly authorized by all requisite actions on the part of After
All.

      

      (e)           This
Agreement constitutes the legal, valid and binding obligation of After All and
its equity and debt holders and is enforceable in accordance with its
terms.

      

      
        
           

        

        
          5

          
            

          

        

        
           

        

      

      (f)           There
are (i) no legal actions, suits, arbitration or other legal proceedings pending
or contemplated against Lender; and (ii) no orders, injunctions or decrees of
any court, arbitrator or governmental authority, or any government
investigations pending or contemplated against After All; that will or could
prevent the enforcement of this Agreement.

      

      8.  Representations and
Warranties of Debt Holders.  Debt Holders, jointly and
severally together and in their individual capacity, hereby represent and
warrant to Borrower as follows:

      

      (a)           Each
of the Debt Holders is a natural person, and is a citizen and resident of the
United Kingdom.

      

      (b)           Each
of the Debt Holders has requisite power and authority to enter into this
Agreement.

      

      (c)           Each
of the Debt Holders is not disabled or suffering under any impairment, mental
defect or any other condition that might interfere with enforcement of this
Agreement.

      

      (d)           Each
of the Debt Holders has the requisite legal capacity and authority to execute
and deliver this agreement and to consummate the transactions contemplated
herein.

      

      (e)           As
of the Effective Date, Debt Holders have completed the transactions reference in
Section
1.

      

      (f)           This
Agreement constitutes the legal, valid and binding obligation of each of the
Debt Holders and is enforceable, against either or both of the Debt Holders, in
accordance with its terms.

      

      (g)           There
are (i) no legal actions, suits, arbitration or other legal proceedings pending
or contemplated against either of the Debt Holders; and (ii) no orders,
injunctions or decrees of any court, arbitrator or governmental authority, or
any government investigations pending or contemplated against either of the Debt
Holders; that will or could prevent the enforcement of this
Agreement.

      

      9.  Representations and
Warranties of Guarantor.  Guarantor hereby represents and
warrants to the Debt Holders and Lender as follows:

      

      (a)           Guarantor
is a natural person, a citizen of the United Kingdom and resident of the State
of Georgia in the United States of America.

      

      (b)           Guarantor
has the requisite power and authority to enter into this agreement.

      

      
        
           

        

        
          6

          
            

          

        

        
           

        

      

      (c)           Guarantor
is not disabled or suffering under any impairment, mental defect or any other
condition that might interfere with enforcement of this Agreement.

      

      (d)           Guarantor
has the requisite legal capacity and authority to execute and deliver this
Agreement and to consummate the transactions contemplated herein.

      

      (e)           This
Agreement constitutes the legal, valid and binding obligation of the Guarantor
and is enforceable, against Guarantor, in accordance with its
terms.

      

      (f)           There
are (i) no legal actions, suits, arbitration or other legal proceedings pending
or contemplated against Guarantor; and (ii) no orders, injunctions or decrees of
any court, arbitrator or governmental authority, or any government
investigations pending or contemplated against Guarantor; that will or could
prevent the enforcement of this Agreement.

      

      10.  Representations and
Warranties of Borrower.  Borrower hereby represents and
warrants to Debt Holders and Lender as follows:

      

      (a)           Borrower
is a corporation, duly organized, validly existing and in good standing under
the laws of the State of Nevada.

      

      (b)           Borrower
has all requisite power and authority to carry on its business as
conducted.

      

      (c)           Borrower
has the requisite legal capacity and authority to execute and deliver this
Agreement and to consummate the transactions contemplated herein.

      

      (d)           Borrower’s
execution of this Agreement and the consummation of the transactions
contemplated herein have been duly authorized by all requisite actions on the
part of Borrower.

      

      (e)           This
Agreement constitutes the legal, valid and binding obligation of the Borrower
and is enforceable in accordance with its terms.

      

      (f)           There
are (i) no legal actions, suits, arbitration or other legal proceedings pending
or contemplated against Borrower; and (ii) no orders, injunctions or decrees of
any court, arbitrator or governmental authority, or any government
investigations pending or contemplated against Borrower; that will or could
prevent the enforcement of this Agreement.

      

      11.  Survival of Representations
and Warranties.  The representations and warranties of the
Lender, Debt Holders, Guarantor and Borrower shall survive after the conclusion
of this Agreement.

      

      12.  Conditions on
Effectiveness.  This Agreement shall become effective only upon
the Effective Date.

      

      
        
           

        

        
          7

          
            

          

        

        
           

        

      

      13.  Indemnification.  Debt
Holders and Lender hereby agree to indemnify and hold Guarantor and Borrower and
its affiliates harmless against, in respect of, and shall on demand, reimburse
it for any and all loss, liability or damage suffered or incurred by Guarantor
and/or Borrower and any and all actions, suits, proceedings, claims, demands,
assessments, judgments, costs and expenses, including without limitation,
reasonable legal fees and expenses, incident to AGH’s interest or rights in or
related to the Original Debt.

      

      14.  Legal
Fees.  Borrower hereby expressly acknowledges and agrees to pay
all reasonable legal fees exceeding U.S. $3,000, but in no event more than U.S.
$15,000 incurred by the Debt Holders, in connection with the acquisition of the
Original Debt, the holding of the Escrow Funds by AGG, forgiveness of the
Original Debt, forgiveness of the After All Debt, issuance of the New Debt or
the execution and closing of this Agreement.

      

      15.  Governing
Law.  This agreement, the rights and obligations of the parties
under this agreement, and any claim or controversy directly or indirectly based
upon or arising out of this Agreement or any of the transactions contemplated by
this Agreement (whether based on contract, tort, or any other theory), including
all matters of construction, validity and performance, shall in all respects be
governed by and interpreted, construed and determined in accordance with, the
internal, substantive laws of the State of Georgia (without regard to any
conflicts of law provisions).

      

      16.  Entire
Agreement.  This Agreement, on and as of the Effective Date,
constitutes the entire agreement of the parties hereto with respect to the
subject matter hereof, and all prior or contemporaneous understandings or
agreements, whether written or oral, among any of the parties hereto with
respect to such subject matter are hereby superseded in their
entireties.

      

      17.  Counterparts.  This
Agreement may be executed in one or more counterparts, each of independently
shall be deemed to be an original and all of which together shall constitute one
and the same instrument; and signatures delivered by facsimile transmission or
by e-mail delivery of a “.pdf” format data file, shall be given the same legal
force and effect as original signatures.

      

      18.  Headings.  The
headings in this Agreement are for the purpose of convenience only and shall not
limit or otherwise affect the interpretation of any terms hereof.  The
terms “hereof”, “herein” and comparable terms refer to this
Agreement.

      

      19.  Invalidity.  If
any of the provisions of this Agreement become invalid, illegal or unenforceable
in any respect, the validity, legality and enforceability of the remaining
provisions shall not in any way be affected or impaired.

      

      20.  Drafting.  The
parties expressly acknowledge and agree that this Agreement has been drafted by
each of them and that any authority holding that any provision of an agreement
shall be construed against the drafting party or in favor of the non-drafting
party shall not apply to the interpretation or enforcement of this
Agreement.

      

      
        
           

        

        
          8

          
            

          

        

        
           

        

      

      21.  Assignment.  None
of the parties shall have the right to assign any rights or delegate any duties,
obligations or liabilities arising under or pursuant to this Agreement without
the prior written consent of any other party whose rights under this Agreement
could be affected by such assignment, which consent may be granted, denied or
conditioned in the sole discretion of such other party.  This
Agreement is binding on the successors, assigns and legal representatives of the
parties hereto.

      

      22.  Attorney’s
Fees.  Should any action be commenced among the parties hereto
concerning any provision of this Agreement or the rights or duties of any person
or entity hereunder, the prevailing party in such proceeding shall be entitled
to payment of its reasonable attorney's fees and expenses of counsel and court
costs incurred by reason of such action from the losing party.

      

      [Signatures on Following
Page]

       

       

      
        
           

        

        
          9

          
            

          

        

        
           

        

      

       

      IN WITNESS WHEREOF, the parties hereto
have signed and delivered this Agreement, all on the day and year first above
written.

      

      BORROWER:

      

      FORGEHOUSE, INC.

      

      

      By:
_________________________________

      Name:
_______________________________

      Position:
_____________________________

      

      

      LENDER:

      

      INSURANCE MEDICAL GROUP
LIMITED

      f/k/a/                      AFTER
ALL LIMITED

      on behalf of itself and all its equity
and debt holders

      

      

      By:
___________________________________

              John
O’Brien

              Director
and Secretary

      

      

      

      DEBT HOLDERS:

      

      

      ___________________________________

      Bryan Irving

      

      

      ___________________________________

      Ian Morl

      

      

      

      GUARANTOR:

      

      

      ___________________________________

      John Britchford-Steel

      

      

       

       

       

      10

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