Surrender and Conversion AgreementSurrender and Conversion Agreement • February 14th, 2008 • Zim Corp • Radiotelephone communications
THIS AGREEMENT is dated as of this 4th day of December, 2007, Michael Cowpland (the “Lender”), and ZIM Corporation (the “Company”), and relates to separate advances made by the lender against a Line of Credit (the “LOC”) with the Company dated as at the dates shown in Schedule A hereto, in the aggregate principal amount of $100,000.00, with interest thereupon as shown in Schedule A hereto.
