Venturetek, LP c/o David Selengut, Esq. Ellenoff Grossman & ScholeLoan Agreement • March 15th, 2011 • Chocolate Candy Creations, Inc. • Sugar & confectionery products
On March 15, 2010, we agreed to lend you, from time to time, up to a maximum of $25,000 outstanding at any time (“Maximum Amount”) upon your written request to us. We hereby agree to increase the Maximum Amount to $50,000. As previously agreed to, any such loan or loans shall bear interest at the rate of prime plus 2% per annum and shall be repayable at such time as shall be agreed by us at the time of the drawdown of the applicable loan.
