LOAN AGREEMENT
EX-10.1 2 ex10-1.htm LOAN AGREEMENT
Exhibit 10.1
LOAN AGREEMENT
THIS AGREEMENT made the 15th day of December, 2012.
BETWEEN:
RAMI TABET, 38th Street, New Sahaile, Beirut, Lebanon;
(“Tabet”)
OF THE FIRST PART
AND:
WISHBONE PET PRODUCTS INC., a company incorporated pursuant to the laws of Nevada with an office at 50 West Liberty Street, Suite 880, Reno, Nevada 89501;
(“Wishbone”)
OF THE SECOND PART
WHEREAS:
A. | Wishbone requires funding in connection with its business operations; |
B. | Tabet is prepared to loan the sum of $17,000 (the “Loan”) to Wishbone, on certain terms and conditions contained herein; |
NOW THEREFORE THIS AGREEMENT WITNESSETH that for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:
1. | Tabet hereby agrees to advance the Loan to Wishbone forthwith upon execution of this Agreement. |
2. | The Loan shall be unsecured, non-interest bearing and shall be payable to Tabet forthwith after Wishbone’s receipt of written demand delivered to the office of Wishbone as indicated above. |
3. | All funds and dollar amounts referred to in this Agreement are in the lawful currency of the United States. |
4. | This Agreement shall be interpreted in accordance with the laws in effect from time to time in the State of Nevada. |
IN WITNESS WHEREOF the parties hereto have hereunto affixed their respective hands, both as of the day and year first above written.
WISHBONE PET PRODUCTS INC. | ||
/s/ Rami Tabet | PER: /s/ Rami Tabet | |
Rami Tabet | Authorized Signatory |