Sample Business Contracts


Loan Restructuring Agreement - MedStrong International Corp.

Loan Forms


                          LOAN RESTRUCTURING AGREEMENT




This Agreement is made with reference to that certain  Promissory Note dated May
5,  2003  in the  amount  of  $25,000  by and  between  MedStrong  International
Corporation and ____________ due and payable on _______________

The  above  referenced  Promissory  Note is  hereby  extended  for one year from
December 31, 2003 to December 31, 2004.

Past  interest  on the unpaid  principal  amount is waived and the note shall be
interest free during the one-year term. Should the principal not be paid in full
at that  time,  then the  original  loan terms and  interest  will apply for the
remaining term going forward until the Note is paid in full.

Loan Note holder, as consideration,  is granted purchase rights to two shares of
MedStrong Common Stock for each one dollar of face amount of his principal loan.
Such  purchase  right is granted at $0.01  (one  penny) per share of  restricted
common stock.

All other terms and conditions of the Promissory Note shall remain in full force
and effect.

In Witness Whereof,  Maker has executed this Loan Restructuring  Agreement as of
date shown below.

MedStrong International Corporation



     ----------------------------------
By:  Jerry R. Farrar
     President and Chief Executive Officer



Accepted and Agreed to:



By:
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Date:
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