EX-4.10
from 20FR12G/A
5 pages
Loan Agreement This Agreement Made as of the Second Day of January 5, 2005. Between: QMI Manufacturing. Inc., a Corporation Having Its Office at 202-11 Burbidge Street, Coquitlam, British Columbia, V3k 7b2. (Hereinafter Called "Qmi") of the First Part And: Tnb Enterprises Ltd., a Corporation Having Its Registered Offices At11631 Blundell Road, Richmond, Bc V6y Ll4. (Hereinafter Referred to as the "Lender") of the Second Part Whereas: A. QMI Requires Funds to Meet Manufacturing and Working Capital Commitments; and B. the Lender and QMI Have Agreed That the Lender Shall Loan to QMI the Sum of Cnd $200,000.00 (Two Hundred Thousand Canadian Dollars) on the Terms and Conditions Set Out in This Agreement. (I) Cad$200,ooo Upon Execution of This Agreement; (A) QMI Is a Corporation Duly Incorporated, Validly Existing and in Good Standing Under the Laws of British Columbia; (B) QMI Has All Requisite Corporate Power and Authority to Enter Into This Agreement and to Carry Out the Obligations Contemplated Herein and Therein; (C) This Agreement Has Been Duly and Validly Authorized, Executed and Delivered by QMI and Is a Valid Obligation of It, Shall, Upon Execution and Delivery by Qmi, Be Duly and Validly Authorized, Executed and Delivered by QMI and Shall Be Valid Obligations of It;
12/34/56
