AMENDED LOAN AGREEMENTLoan Agreement • May 20th, 2008 • Trustcash Holdings, Inc. • Services-business services, nec • Delaware
WHEREAS: The Lender has previously advanced to the Borrower or on behalf of the Borrower the sum of Three Hundred Thousand dollars (US $300,000.00) (the” Loan”); and The Borrower has requested that the Lender advance and additional Seventy Five Thousand dollars (US $75,000.00) increasing the Loan to Three Hundred and Seventy Five Thousand dollars (US 375,000.00). The parties hereto are desirous of clarifying the nature of the loan transaction and have therefore agreed to the terms herein.
LOAN AGREEMENTLoan Agreement • May 20th, 2008 • Trustcash Holdings, Inc. • Services-business services, nec • Delaware
WHEREAS: The Lender has previously advanced to the Borrower the sum of One Hundred Thousand Dollars (US 100,000.00) (the” Loan”); and The Borrower has requested that the Lender advance to the Borrower an additional Fifty Thousand Dollars (US 50,000.00); and The Lender has agreed to advance to the Borrower the sum of Fifty Thousand Dollars (US 50,000.00) increasing the Loan to One Hundred and Fifty Thousand Dollars (US 150,000.00) and extend the payment date of the loan to February 1st , 2009 (the” Loan”); and The parties hereto are desirous of clarifying the nature of the loan transaction and have therefore agreed to the terms herein.
April 1, 2007 Kent Carasquero, President Trustcash LLC 400 Park Avenue #1420 New York, NY 10022 KentTrustcash Holdings, Inc. • May 20th, 2008 • Services-business services, nec
This agreement will run from April 1, 2008 until December 31, 2008, may be terminated, provided that such termination is after thirty (30) days’ prior notice is provided in writing to CONSULTANT. This agreement shall inure to the benefit of and be binding upon the successors and assigns of each of the parties hereto. In the event the Company is purchased or there is a change in control of the Company, this contract will be paid in full for the full term of the contract.
