UNSECURED DIRECTORS LOAN AGREEMENT
Exhibit 10.1
THIS AGREEMENT is made on the 15th day of March 2018.
MADE BETWEEN:
Li Weiwei, of 0 Xxxxxxxxxxx Xxxxxx, Xxxxx 0000, Xxxxxxxx Xxxxxxxx, Xxxxxxx, Xxxxx (“Director”)
OF THE FIRST PART
AND:
Soltrest Inc., a company incorporated pursuant to the laws of Nevada with an address at 0 Xxxxxxxxxxx Xxxxxx, Xxxxx 0000, Xxxxxxxx Xxxxxxxx, Xxxxxxx, Xxxxx
("Company")
OF THE SECOND PART
WHEREAS:
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A.
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Director agrees to loan funds to the Company to finance Company’s business activities until sufficient funds are raised during IPO or for the period of 2 years whatever comes first;
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B.
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Company agrees to repay this loan upon request after sufficient funds are raised through IPO or after two years from the date this agreement was signed.
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NOW THEREFORE THIS AGREEMENT WITNESSETH that for and in consideration of the sum of TEN DOLLARS ($10.00), and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:
| 1. |
Director hereby agrees to provide a loan to the Company concurrent with the execution of this Agreement;
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| 2. |
Loan funds advanced shall be unsecured and non-interest bearing, with no fixed term of repayment.
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IN WITNESS WHEREOF the parties hereto have hereunto affixed their respective hands, both as of the day and year first above written.
| /s/ Li Weiwei |
/s/ Li Xxxxxx
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Xx Weiwei
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Authorized Signatory
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