EXHIBIT 10.42
Xxxx Xxxxx
General Partner
Decameron Partners
000 Xxxxx Xxxxxx
Xxxxx Xxxxx
Xxx Xxxx, XX 00000
Phone 000 000 0000
xxxx@xxxxxxxxxxxx.xxx
September 18, 2003
Board of Directors
Alternative Technologies Resources Inc
000 X Xxxxxx
Xxxxxxxxxx, XX 00000
Gentlemen,
This letter shall confirm my agreement to forgive (cancel) the debt of the
Corporation totaling $3,313,773.01, as scheduled on the attached Exhibit A,
formerly held by Xxxxx X. Xxxxxxx Xx. I acquired this debt on August 15, 2003.
The decision to cancel this debt is made voluntarily and without
reservation. This agreement shall be binding upon my heirs and assigns.
Sincerely,
/s/ Xxxx Xxxxx
Xxxx Xxxxx