Exhibit 10.19
May 1, 2002
Xx. X. Xxxxx
Xx. Xxxxx:
This letter will serve to confirm the agreement between Remedent USA, Inc.
(the "Company") and yourself (the "lender").
(1) Lender hereby agrees to the receipt of 410,000 shares of the Company's
common stock in full repayment of the $30,000, representing the principal
and interest outstanding on the working capital loan as of the date of this
agreement.
(2) The Company hereby agrees to file for registration on an SB-2 Registration
Statement, the shares of common stock outlined in (1) above.
The above-mentioned terms are agreed upon on this day, by the following:
/s/ Xxxxxxx X. Xxxx /s/ Xxxx Xxxxx
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Xxxxxxx X. Xxxx X. Xxxxx
Chief Financial Officer Lender
Remedent USA, Inc.
