Verbal Loan Agreement between Otmane Tajmouati and Addentax Group Corp. dated October 28, 2014

Contract Categories: Business Finance Loan Agreements
Summary

This agreement is between Otmane Tajmouati, the sole officer and director, and Addentax Group Corp. Mr. Tajmouati agrees to loan the company up to $8,100 to support its registration and operations. The loan is unsecured, carries no interest, and has no set repayment date. Any additional funds beyond $8,100 would require a separate written agreement.

EX-10.4 8 ex10-4.htm VERBAL AGREEMENT ex10-4.htm
Exhibit 10.4
 
VERBAL AGREEMENT
Dd Oct. 28, 2014
 

This Verbal Agreement («Agreement») is made between Otmane Tajmouati, sole officer and director of Addentax Group Corp. («Director») and Addentax Group Corp. («Corporation»).

This Agreement is witness therefore that Director has agreed to loan the Corporation needed funds, in the amount not more then $8,100 US («Loan»), which is necessary for the registration and operation processes of the Corporation.

In case if the Corporation needs more then the Loan, it has to be certified by written agreement.

The Loan is unsecured and does not bear any interest. The Loan does not have the repayment date and other provisions.



/s/ Otmane Tajmouati               
Sole officer and director of Addentax Group Corp.
Otmane Tajmouati