LOAN CANCELLATION AGREEMENT This Loan Cancellation Agreement (this "Agreement") is made and entered into as of May 28, 2003 by and between Valesc Holdings Inc., a Delaware corporation (the "Company"), and Edward Kraus, residing at 2605 Woods Lane,...Loan Cancellation Agreement • August 27th, 2003 • Valesc Holdings Inc • Wholesale-medical, dental & hospital equipment & supplies • New York
