Interest-Free Loan Agreement between Iryna Kologrim and Clancy Corp.
Iryna Kologrim, the director and sole officer of Clancy Corp., agrees to provide a loan of up to $40,000 to Clancy Corp. if the company needs funds for operations or to pay liabilities. The loan will be interest-free, has no set maturity date, and is considered unsecured. This agreement is confirmed by the authorized signature of Iryna Kologrim on behalf of both parties.
Verbal Agreement
Date: April 15th, 2016
The director and sole officer of Clancy Corp. Iryna Kologrim confirms in this verbal agreement to grant a loan to Clancy Corp. if company needs funds for its operation and payment of liabilities in the amount of forty thousand (40,000) US dollars. The loan amount has no interest and should be considered unsafe without a maturity date.
Authorized signatures of Clancy Corp. and Iryna Kologrim:
__/s/ Iryna Kologrim_____________________
