LOAN AGREEMENT AND PROMISSORY NOTELoan Agreement and Promissory Note • December 17th, 2018 • Sharing Services, Inc. • Services-computer processing & data preparation • California
THIS LOAN AGREEMENT AND PROMISSORY NOTE (the “Note”), is made this 11th day of December, 2018, by and among Global Payroll Gateway, Inc. a corporation organized under the laws of the State of California (hereinafter, known as “LENDER”) and Sharing Services Inc., a Corporation organized under the laws of the State of Texas whose Federal Tax ID is 30-0869786 and its wholly owned subsidiaries Webpreneur, LLC, Elevacity Global LLC and any future wholly owned subsidiaries (hereinafter, known as “BORROWER”). BORROWER and LENDER shall collectively be known herein as “the Parties”. In determining the rights and duties of the Parties under this Loan Agreement, the entire document must be read as a whole.
