SSA COUPON XXXXXXX
LIMITED XXXXXXX
Office at Xxxxx'x Centre C/O 4920-800 W Xxxxxx
0000X-0000 Xxxxxxxx Xx Xxxxxxxx XX
Xxxxxxx XX X0X 0X0 X0X 0X0
XXXXXXX XXXXXX XXXX XXXX
C/O Metro Twon Law Office at 0000-0xx Xxxxxx
Xxxxx'x Xxxxxx, 0000X-0000 Xxxxx XX
Xxxxxxxx, Xxxxxxx XX X0X 0X0
V5H 4M1
August 28, 1999
Forest Glade International Inc.
#000-000 Xxxxxxxx Xxxxxx
Xxxxxx Xxxxxx, XX X0X 0X0
Dear Sirs:
Re: Forest Glade International Inc. ("Forest Glade") and SSA Coupon Limited
("SSA")
The purpose of this letter is to confirm the agreement between the shareholders
of SSA (the 'SSA Shareholders') and Forest Glade pursuant to which the SSA
Shareholders have agreed to exchange 100% of their shares in SSA for 19 million
shares of Forest Glade which will be subject to Rule 144 (the "Share Exchange").
The parties agree to act reasonably and execute a formal share exchange with
respect to the transaction, which will incorporate the terms herein and contain
the usual warranties, representations and general terms which are usual in
transactions of this nature.
Yours truly,
SSA COUPON LIMITED AGREED TO AND ACKNOWLEDGED
FOREST GLADE INTERNATIONAL INC.
Per: Per:
/s/ Xxxxxxx Xxxxxx /s/ Xxxxx Xxxxxx
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Authorized Signatory Authorized Signatory
/s/ Xxxxxxx Xxxxxxx
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/s/ Xxxxxxx Xxxxxx
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/s/ Xxxx Xxxx
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