June 23, 2014 ANDES 2 Inc. 460 Brannan Street, Suite 78064 San Francisco, CA 94107 Attn: Board of Directors Re: Loan Funding Agreement
June 23, 2014
ANDES 2 Inc.
000 Xxxxxxx Xxxxxx, Xxxxx 00000
Xxx Xxxxxxxxx, XX 00000
Attn: Board of Directors
Re: Loan Funding Agreement
This Agreement (the “Agreement”) between Tech Associates Inc (“Tech Associates”) and ANDES 2 Inc. (the “Company”) is made as of June 23, 2014. The agreement covers the following:
R E C I T A L S
WHEREAS, Tech Associates agrees to extend a financial loan to the Company when applicable. The loan shall cover expenses for the following: 1) Expenses related to maintaining the Company’s Exchange Act reporting requirements, 2) Expenses related to investigation, analyzing, and consummation of an acquisition.
NOW THEREFORE, the parties hereto hereby agree to be legally bound as follows: Tech Associates will provide a non-interest bearing loan for ANDES 2 Inc. when applicable.
I hereby acknowledge receipt of this Agreement and sign below signifying our full acceptance to the terms and conditions hereof:
By: /s/ Xxxxxxx Xxxxxx
President & Chief Executive Officer
By: /s/ Xxxxxxx Xxxxxx
President
Tech Associates, Inc.
