Exhibit 99(a)
STILTSKIN, INC.
April 25, 2002
Xxxxxxxx X. Xxxxxxxxx
FIRSTCDP, INC.
0000 Xxxxx 0xx Xxxxxx, Xxxxx 000
Xxxxxxx, XX 00000
Re: $20,000 Loan
Dear Xx. Xxxxxxxxx:
This letter will clarify the terms of the loan to FirstCDP, Inc. ("FI") in the
amount of $20,000. In the event FI does not raise at least $20,000 in the
Registered Public Offering, then Stiltskin, Inc. will loan your company $20,000
on an as needed basis. The amount loaned will be calculated against the amount
raised up to $20,000. (i.e. if $12,500 is raised then Stiltskin, Inc. will loan
$7,500). The loan will mature at an annual interest rate of Prime plus one
percent. Principle and interest will be payable one year from the date of the
first disbursement to FI. At the time of repayment from FI, and at the option of
FI, principle and interest may be converted to common shares in FI at a price of
$0.25 a share.
Very truly yours,
/s/ Xxxxx Xxxxx
Xxxxx Xxxxx
President
AGREED AND ACCEPTED this 25th day of April, 2002.
FIRSTCDP, INC.
By: /s/ Xxxxxxxx X. Xxxxxxxxx
----------------------------
Xxxxxxxx X. Xxxxxxxxx
President
