Written Description of Oral Agreement Between PN Med Group Inc. and Pedro Niklitschek
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Summary
This document describes an informal, non-binding agreement in which Pedro Niklitschek, President of PN Med Group Inc., has agreed to advance funds to the company to cover professional fees and operational expenses, including costs related to a registration statement. However, there is no formal or legal obligation for Mr. Niklitschek to provide these funds, and no enforceable commitment has been made.
EX-10.2 4 ex10-2.txt VERBAL AGREEMENT Exhibit 10.2 PN Med Group Inc San Isidro 250 depot 618 * Santiago, Chile ###-###-#### Phone: 569 ###-###-#### * Fax: 775 ###-###-#### * www.pinnacleenterpriseinc.com -------------------------------------------------------------------------------- Dated: May 24, 2012 Written Description of the Oral Agreement between: Mr. Niklitschek (the President) PN Med Group Inc. (the Company) Our officer and director, Mr. Niklitshcek informally agreed to advance funds to allow us to pay for professional fees, including fees payable in connection with the filing of this registration statement and operation expenses. However, Mr. Niklitschek has made no formal commitment, arrangement or legal obligation to advance or loan funds to the company. /s/ Pedro Niklitschek -------------------------------- by: Pedro Niklitschek President
