Bridge Loan Agreement between Anutra USA and Brian Morini

Contract Categories: Business Finance › Loan Agreements
Summary

This agreement is between Anutra USA and Brian Morini, where Brian provides a bridge loan to help fund Anutra USA's upcoming public stock offering. Anutra USA agrees to repay the loan, with 10% annual interest, as the first use of proceeds from the stock sale. In addition, Brian will receive one share of Anutra USA stock for every dollar loaned. The agreement outlines the repayment terms and the issuance of shares as part of the loan arrangement.

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EX-10.9 5 f8k050718a1ex10-9_anutra.htm BRIDGE LOAN AGREEMENT BY AND BETWEEN ANUTRA AND BRIAN MORINI

Exhibit 10.9

 

 

 

Brian Morini

July 23, 2017

 

Dear Brian,

 

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 $_________. 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 _________ 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 / ***@***