LINE OF CREDIT AGREEMENT
LINE OF CREDIT AGREEMENT entered into as of April 24, 2010, by and among Health Enhancement
Products, Inc., a Nevada corporation (the “Company”), and Christopher Maggiore, an individual whose address is
6860 Chillingsworth Circle, Canton, OH 44718 (the “Investor”).
WHEREAS, the Company is desirous of raising additional capital; and
WHEREAS, the Investor is interested in investing further in the Company;
NOW, THEREFORE, in consideration of the mutual agreements contained herein and for other good and
valuable consideration, receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:
DESCRIPTION OF PROPOSED FINANCING
Line of Credit .
Investor hereby agrees unconditionally to advance to the Company up to SIX HUNDRED SEVENTY FIVE
THOUSAND DOLLARS ($675,000), in such increments as the Company may request by written notice to the
Investor given in accordance herewith during the term of this Agreement, which shall be for a period of one year. The
Investor shall deliver good US funds to the Company within three business days of receipt of the Company’s notice
requesting funds. Upon the Company’s receipt by wire transfer to the account designated by the Company of the first
advance hereunder in immediately available funds, the Company shall promptly issue the Investor a promissory note in
the form of Exhibit A hereto. Upon the Company’s receipt by wire transfer to the account designated by the Company
of each subsequent advance hereunder in immediately available funds, such Note shall be amended to state the
aggregate amount of principal advanced to the Company hereunder.
ARTICLE 2. REPRESENTATIONS AND WARRANTIES OF THE COMPANY
The Company hereby represents and warrants to the Investor that:
Organization of the Company .
The Company is a corporation duly organized, validly existing and in good standing under the laws of the State
Authorization of Transaction; Issua