American IronHorse Motorcycle Company, Inc. 4600 Blue Mound Road Fort Worth, Texas 76106 817-665-2000 April 3, 2006

Exhibit 10.3

American IronHorse Motorcycle Company, Inc.
0000 Xxxx Xxxxx Xxxx
Xxxx Xxxxx, Xxxxx 00000
817-665-2000

Xxxxx 0, 0000

Xxxxxxxxxx, Inc.
0000 Xxxxxxxx Xxxxxxxxx, Xxxxx 000
Xxxxxxxx, Xxxxxxx 00000

		Re:		Loan to American IronHorse Motorcycle
				Company, Inc. (the “Company”)

Xxxxxx:

     Enclosed are the following documents:

     1. Promissory note in the original principal amount of $900,000 payable by the Company to Xponential, Inc.;

     2. Subordination Agreement by and among Xponential, Inc., Curtiswood Capital, LLC, American IronHorse Motorcycle Company, Inc., and Textron Financial Corporation; and

     3. Warrant issued to Xponential, Inc. for the purchase of 90,000 shares of common stock of the Company.

     In addition, as partial consideration for the $900,000 loan to the Company, the Company will pay to Xponential, Inc. an origination fee of two percent (2%) of the loan amount, or $18,000.

Yours very truly,

/s/ Xxxxxx X. Xxxxxx

Xxxxxx X. Xxxxxx