0001078782-11-001355 Sample Contracts

ADVISORY BOARD AGREEMENT
Advisory Board Agreement • May 13th, 2011 • Powrtec Corp • Services-educational services • California

THIS ADVISORY BOARD AGREEMENT (this “Agreement”) is made and entered into as of the date first set forth below (the “Effective Date”), by and between POWRtec International Corp., a Delaware corporation (the “Company”), and Anders Sagadin, an individual (the “Advisor”).

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AGREEMENT TO EXTEND TERM OF PROMISSORY NOTE TO APRIL 9, 2011
Promissory Note Extension Agreement • May 13th, 2011 • Powrtec Corp • Services-educational services

By this Agreement, POWRtec International Corp., a Delaware corporation ("Maker") and The Management AB ("Creditor"), do hereby extend the term of that certain Promissory Note dated July 9, 2010 (“Note”) to become due April 9, 2011 on the same terms and conditions as set forth in that Note with the sole exception of the due date. A copy of the Note is attached hereto as Exhibit A.

AGREEMENT TO EXTEND TERM OF PROMISSORY NOTE TO OCTOBER 9, 2011
Promissory Note Extension Agreement • May 13th, 2011 • Powrtec Corp • Services-educational services

By this Agreement, POWRtec International Corp., a Delaware corporation ("Maker") and The Management AB ("Creditor"), do hereby extend the term of that certain Promissory Note dated July 9, 2010 (“Note”) to become due October 9, 2011 on the same terms and conditions as set forth in that Note with the sole exception of the due date. A copy of the Note is attached hereto as Exhibit A.

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