Loan Agreement
Exhibit 6.6
This loan agreement is made and will be effective on 04/22/2019
BETWEEN
Sagoon Inc. – a Delaware Corporation hereinafter referred to as the “Borrower” with a street address of 0000 Xxxxxx Xx, Xxxxxxxxxx, Xxxxxxxx 00000.
AND
Xx. Xxxxxxxx Xxxxxxxx hereinafter referred to as the “Lender” with a street address of 0000 Xxxxxxxxxx Xx. Xxxxxx Xxxxxx, XX 00000.
Terms and Conditions:
Promise to Pay:
Sagoon Inc. a borrower promises to pay the Lender $25,000.00 dollars (Twenty Five Thousands) and interest as well in one year from the date parties signed this agreement.
Option:
Lender will have options to convert his/her loan into company stocks (equity) at the current valuation or convertible note at the valuation of a later funding round.
Details of Loan: Agreed Between Borrower and Lender:
Amount of Loan: $25,000.00
ANNUAL PERCENTAGE RATE 8%
| /s/ Xxxxxxx Xxxx | |
| Borrower’s Signature (Xxxxxxx Xxxx, on behalf of Sagoon Inc.) | |
| /s/ Xxxxxxxx Xxxxxxxx | |
| Lender’s Signature |
