Forgivable Loan, Promissory Note and Stock Pledge Agreement Sample Contracts

Promissory Note and Forgivable Loan, Stock Pledge Agreement

Forgivable Loan, Promissory Note and Stock Pledge Agreement • April 14th, 2011 • TII Smart Solutions, Sociedad Anonima • Puerto Rico

• Contract Type
  Forgivable Loan, Promissory Note and Stock Pledge Agreement
• Filed
  April 14th, 2011
• Company
  TII Smart Solutions, Sociedad Anonima
• Jurisdiction
  Puerto Rico

This Forgivable Loan, Promissory Note and Stock Pledge Agreement (the “Note”) sets forth the terms and conditions of the forgivable loan to be made to Felix M. Villamil (the “Executive”) by EVERTEC, Inc. (“EVERTEC”) and, subject to the terms set forth in this Note, payable by the Executive to EVERTEC.