Exhibit 4.2
REVOLVING LOAN AGREEMENT
FOR FOREX365, INC.
THIS REVOLVING LOAN AGREEMENT (the "Agreement") is made and entered into as of
January 9, 2009, by and among Lionsridge Capital, LLC, an Illinois limited
liability company (the "Lender") and Forex365, Inc., a Nevada corporation (the
"Borrower").
WHEREAS, on January 9, 2009, the Borrower's Board of Directors approved certain
advances to be made from the Lender to the Borrower to provide the Borrower with
funds for working capital.
NOW, THEREFORE, the parties hereby agree as follows:
1. The Lender agrees to make advances to the Borrower from time to
time at the request of the Borrower. The advances outstanding shall not exceed
$6,000.
2. The Borrower shall repay the outstanding advances from time to
time, in whole or in part. All advances outstanding shall be due and payable in
full on the earlier of: (i) June 30, 2009, or (ii) the occurrence of a change of
control of the Borrower.
3. The outstanding advances shall bear interest at a rate of 6% per
annum commencing July 1, 2009.
4. The parties hereto shall maintain a schedule of advances and
payments hereunder which is attached hereto.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the
date first above written.
FOREX365, INC.
By: /s/ Xxxxx X. Xxxxxxx
-----------------------------------------
Xxxxx X. Xxxxxxx, Chief Executive Officer
LIONSRIDGE CAPITAL, LLC
By: /s/ Xxxxxxxx X. Xxxxxxxxx
-----------------------------------------
Xxxxxxxx X. Xxxxxxxxx, Manager
