Loan Agreement Between Elizaveta Padaletc and Artec Consulting Corp.

Contract Categories: Business Finance Loan Agreements
Summary

This agreement outlines the terms under which Elizaveta Padaletc may provide loans to Artec Consulting Corp. to cover company expenses. The loans are non-interest bearing and must be repaid to Ms. Padaletc upon her request. Ms. Padaletc is not required to provide any loans and may do so at her discretion. Additionally, she has provided office space to the company free of charge.

EX-10.2 2 exhibit102writtendescription.htm EXHIBIT 10.2 10

Exhibit 10.2


Written description of the loan agreement with Elizaveta Padaletc


Loan Agreement Between:


Elizaveta Padaletc and Artec Consulting Corp.



Terms of the Loan Agreement:


1. Ms. Padaletc has provided and may provide additional Loans to Artec Consulting Corp. from time to time to pay for company’s expenses.

2. The Loans are non-interest bearing and payable to Ms. Padaletc upon demand.

3. Ms. Padaletc does not have any obligation to provide Loans to Artec Consulting Corp. and may do so only if she wishes.

4. Ms. Padaletc has provided office space free of charge to Artec Consulting Corp.