DEBT RESTRUCTURING AGREEMENT
THIS AGREEMENT is made this 8th day of January, 2004 (the "Effective Date") by and between Nuclear
Solutions, Inc., a Nevada corporation ("Nuclear Solutions") and Lender ("Lender").
Borrower desires to defer repayment of funds loaned to the company through various promissory demand notes
and other financial instruments previously executed between the parties.
Lender desires to defer repayment of funds and to consolidate debt instruments and repayment terms.
NOW THEREFORE, in consideration for the mutual covenants and agreements contained herein and for other
good and valuable consideration the receipt of which is hereby acknowledged the parties hereto agree as follows:
1. SUBJECT INSTRUMENTS: The following debt instruments are acknowledged by the parties as subject to
the terms of this debt consolidation agreement:
a.) 1-2-2002 Demand Promissory Note for $275,000
b.) 8-19-2002 Demand Promissory Note for $10,000
c.) 9-27-2002 Demand Promissory Note for $100,000
d.) 5-1-2002 Demand Promissory Note for 100,000
e.) 10-16-02 Credit line (approximate balance $408,500)
The total amount owed as of January 8, 2004 including principal and interest is calculated to be $973,135.42
2. The credit line agreement dated 10-16-02 shall be terminated.
3. Lender agrees to provide an additional amount up to $50,000 dollars to Borrower at lenders sole discretion
pursuant to the terms of this agreement.
4. The principal balances and accrued instruments from all financial instruments indicated above as indicated on
Borrowers audited financials, shall be consolidated and recapitalized by this agreement. The sum of all accrued
interest and principal balances shall accrue a simple annual interest rate of 10% beginning on the effective date of
5. REPAYMENT TERMS:
a) Repayment of the consolidated principal and interest balances under this agreement shall be deferred until such
time that the Borrower receives financing of no less than $2,000,000