A G R E E M E N T
AGREEMENT by and between Xxxxxx X. Xxxxxxxxxxx and Xxxxx X. Xxxxxxxxxxx
(the "Shareholders") and Snowdance, Inc., a Delaware Corporation (the
"Company"), dated as of September __, 1997.
The Shareholders agree to forgive a sum of $1,180,000 of the outstanding
Related Loans (as such terms is defined in the Company's Registration Statement
on Form SB-2) (the "Contribution") to the Company as a capital contribution.
The Company agrees to accept the Contribution from the Shareholders and to
record it as a capital contribution on its books and records.
IN WITNESS WHEREOF, each of the parties hereto has caused this Agreement
to be executed on its behalf as of the date first above written.
XXXXXX X. XXXXXXXXXXX
_____________________________
XXXXX X. XXXXXXXXXXX
_____________________________
SNOWDANCE, INC.
By:__________________________
Name:
Title:
