VERBAL AGREEMENT WITH OFFICERS, DIRECTORS AND PRINCIPAL SHAREHOLDERS
VERBAL AGREEMENT WITH OFFICERS, DIRECTORS AND PRINCIPAL SHAREHOLDERS
The document is to disclose the material terms of the verbal agreement between the Company and its officers, directors and principal shareholders who have verbally agreed to provide capital up to $40,000.
Borrower: Xxxxxx, Inc
Lenders: Xxxxxx Xxx Kit
Loan Amount: up to $40,000
Interest Rate: 0%
Repayment Terms: Payable upon demand
Amounts Borrowed: $16,000 from Xxxxxx Xxx Kit