RENEWAL AGREEMENT

THIS AGREEMENT made as of the 29 ^th day of March 2006, among WORDLOGIC COPRORATION , a corporation under the laws of Nevada having its principal business office at Suite 2400, 650 West Georgia Street, Vancouver, British Columbia V6B 4N7 (“WordLogic”), Street, Vancouver, British Columbia, Canada, and RICHARD KOZUKAN , businessman, of 1152D Forge Walk, Vancouver, British Columbia, V6H 3P9, Canada (“Kozukan”).

A. Pursuant to Loan Agreement made between the WordLogic and Kozukan as of Match 31, 2003 (the “Loan Agreement”) Kozukan agreed lend to WordLogic and WordLogic agreed to borrow from Kozukan the sum of up to One Million Dollars ($1,000,000) in Canadian funds (the “Loan”) in in