0001258786-06-000012 Sample Contracts

LOAN AGREEMENT
Loan Agreement • August 21st, 2006 • MGN Technologies, Inc. • Services-prepackaged software • British Columbia

This Loan Agreement (“Agreement”), dated as of April 27, 2006, is executed by MGN Technologies, Inc. a British Columbia corporation (“Borrower”) in favor of Abettor Agencies, Ltd., a British Columbia corporation (“Lender”).

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FIRST AMENDMENT TO LOAN AGREEMENT
Loan Agreement • August 21st, 2006 • MGN Technologies, Inc. • Services-prepackaged software

This First Amendment to Loan Agreement (“Amendment”) is entered into and effective this 30th day of June, 2006 by and between MGN Technologies, Inc., a British Columbia corporation (“Borrower”) in favor of Alliance Capital Ventures, LLC, a Washington limited liability company (“Lender”).

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