Agreement between Royce Biomedical Inc. ("Royce") and Curvelo trade & Finance
Ltd. ("Curvelo") dated the 1st day of March 2005
Whereas Curvelo is the assignor of a promissory note dated September 30, 2002 in
the amount of $25,000 USD payable by Royce and as of the date above written,
interest is due and payable in the amount of $1,000 USD by Royce to Curvelo;
Curvelo hereby agrees to accept and Royce agrees to issue one million common
shares in the capital of Royce in settlement for interest owed for the months of
January and February 2005 in the amount of $1,000 USD.
/s/ Xxxxxx Xxxxxxx Xxxxxxxxx Xochinua /s/ Xxxxxx Xxx
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Authorized signatory Authorized signatory
Curvelo Trade & Finance Ltd. Royce Biomedical Inc.
