Bridge Loan Agreement between Anutra USA and Tristen Lam dated July 28, 2017
This agreement is between Anutra USA and Tristen Lam, where Tristen Lam provides a $10,000 bridge loan to Anutra USA to help initiate its public stock offering. Anutra USA agrees to repay the loan with a 10% annual interest rate, using the first proceeds from the public sale of its stock. Additionally, Anutra USA will issue 10,000 shares of its stock to Tristen Lam, matching the dollar amount of the loan. The agreement is signed by Anutra USA's Senior Vice President, Gregory Bunn.
Exhibit 10.20
Tristan Lam
July 28, 2017
Dear Tristen,
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 / ***@***
