Bridge Loan Agreement between Anutra USA and Gregory Bunn dated July 19, 2017
Anutra USA and Gregory Bunn have entered into a bridge loan agreement where Mr. Bunn will provide a $20,000 loan to Anutra USA. The company agrees to repay the loan, with 10% annual interest, as the first use of proceeds from its upcoming public stock offering. In addition to repayment and interest, Anutra USA will issue 20,000 shares of its stock to Mr. Bunn, matching the loan amount in shares. This agreement outlines the terms for funding the company's public offering.
Exhibit 10.13
Gregory Bunn (Personal)
July 19, 2017
Dear Gregory,
Below are the details of a Bridge Loan agreement to initiate the Anutra USA OTC public offering beginning shortly. The details of this agreement are as follows:
| 1. | Bridge Loan – contribution of $20,000. 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 20,000 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 / ***@***
