Shareholders Loan Agreement
Exhibit
10.90
Between:
Auracall
Limited, Xxxxxxxx Xxxxxx Business Centre, 0x Xxxx Xxxxxx, Xxxxxx, Xxxxx XX0
0XX
(Auracall)
And
the
share holders of Auracall namely:
Swiftnet
Limited, 000 Xxxx Xxxx, Xxxxxx X00 0XX (Swiftnet)
And
Xxx
Xxxxxxxxx, 18 Grimsdyke Crescent, Barnet, Herts (Xxx)
(Together
Shareholders)
It
is
herby agreed that:
| 1) |
The
Shareholders hereby agree to provide Auracall loans for the amounts
as
follows: from Swiftnet £24,000, from Xxx
£50,000.
|
| 2) |
Each
of the Shareholders will deposit a check in Auracall hands or directly
in
Auracall bank account on or before 13 October
2006.
|
| 3) |
The
loans are given on equal terms listed in this document i.e neither
Swiftnet nor Xxx is preferable on each
other.
|
| 4) |
The
loans are being given for a term of up-to one
year.
|
| 5) |
The
loans are provided free of any
interest.
|
| 6) |
Auracall
may pay the loan earlier than one year for as long as both Shareholders
shall be repaid pro rata up to the full value of their
loans.
|
Date:
27.09.2006
| AURACALL | ||
| |
|
|
| By: |
/s/ Xxxxxxx
Xxxxxx
/s/ Xxx
Xxxxxxxxx
|
|
|
|
||
| SWIFTNET | ||
| |
|
|
| By: | /s/ Xxxxxxx Xxxxxx | |
|
|
||
| XXX XXXXXXXXX | ||
| |
|
|
| /s/ Xxx Xxxxxxxxx | ||
|
|
||
