Bridge Loan Agreement between Anutra USA and Dr. William Robins
Anutra USA and Dr. William Robins have entered into a bridge loan agreement dated July 23, 2017. Dr. Robins is lending $10,000 to Anutra USA to help initiate its public stock offering. Anutra USA agrees to repay the loan, with 10% annual interest, as the first use of proceeds from the public sale of its stock. Additionally, Dr. Robins will receive 10,000 shares of Anutra USA stock, equal to the dollar amount of the loan, upon repayment.
Exhibit 10.7
Dr. William Robins
July 23, 2017
Dear Bill,
Thanks you for contributing to the Bridge Loan to initiate the Anutra USA OTC public offering beginning shortly. The details of this agreement are as follows:
| 1. | Bridge Loan – contribution of $10,000. Anutra USA will repay the bridge loan out of proceeds derived from the public sale of Anutra USA stock. The Bridge Loan repayment will be the first use of proceeds. Anutra will pay a 10% annualized interest rate on the Bridge loan. Additionally, Anutra will issue one share of stock per dollar of Bridge Loan contribution, so 10,000 shares will be issued along with the Bridge Loan and interest repayment. |
Kind Regards,
Greg
Gregory Bunn
Senior Vice President
PO Box 3115 / Windermere, Florida / 34786321 ###-###-#### PH / 866 ###-###-#### FAX / ***@***
