G L O B A L - S M A R T . T E CH

G S T

G L O B A L - S M A R T . T E CH

S I N C E 2 0 2 2

85320, Tivat, Montenegro

x00000000000

xxxxxx@xxxxxx-xxxxx.xxxx

Loan Agreement Between

Xxxxx Xxxxx(Lender) and

Xxxxxx-Xxxxx.Xxxx (Company)

This Agreement made on May 30, 2022

This Loan Agreement (the “Agreement”) is made between the first part Xxxxxx-Xxxxx.Xxxx, located at Xxxx x.x. 00000, Xxxxx, Xxxxxxxxxx (the “Company”), and the second part, Xxxxx Xxxxx Xxxx x.x. 00000, Xxxxx, Xxxxxxxxxx (“Lender”). In respect that:

· The Company requires funding in connection with business operations;

· Xxxxxx has agreed to loan $100,000 (the “Loan Amount”) to the Company, on certain terms and conditions contained herein; Now therefore these agreement witnesses:

In consideration, if the Company needs more than THIRTY THOUSAND (30,000) US DOLLARS from Lender, this Agreement becomes useful. The parties hereto agree as follows:

· Xxxxxx xxxxxx has agreed to loan the Loan Amount to the Company in the event of not raising enough funds from the offering in accordance with the Form S-1 registration statement of the Company;

· Xxxxxx xxxxxx agrees to loan the Loan Amount to the Company on demand of the Company;

· Lender will be repaid from revenues of the Company when it starts earning significant revenues;

· Advanced Loan funds are non-interest bearing, secured and payable upon demand;

· Any additional funds that Lender loans to the Company after this Agreement are subject to the same terms as this Agreement unless otherwise agreed in writing.

In witness, whereof:

The parties hereto have agreed to the terms above, and the Agreement becomes effective in the day and year first above written.

Signature of Xxxxx Xxxxx (Lender)

Signature of Xxxxxx-Xxxxx.Xxxx (Company)