LOAN AGREEMENT (Addendum No. 2)

Contract Categories: Business Finance - Loan Agreements
EX-10.44 94 exh10-44.htm LOAN AGREEMENT WITH JEFFERSON THACHUK (OCTOBER 26, 2011 ADDENDUM). exh10-44.htm
Exhibit 10.44


LOAN AGREEMENT
 
(Addendum No. 2)
 

 

 
WHEREAS:
 

 
·  
This addendum serves to update the Loan Agreement (attached as Exhibit 10.1 to the Form 10-K/A-2 Coronus Solar Inc. filed with the SEC on December 10, 2010) between Jefferson Thachuk (the “Lender”) and Coronus Solar Inc. (the “Borrower”), and subsequently updated by Addendum No. 1, dated June 20, 2011 (attached as Exhibit 10.35 to the Form 10-K Coronus Solar Inc. filed with the SEC on June 27, 2011).
 

 
·  
This addendum is current as of October 26, 2011.
 

 
·  
A detailed chronology of the Loans, subsequent to June 20, 2011 is attached to this addendum as Exhibit A.
 

 
·  
As at September 30, 2011, the principal amount of the Loans totaled CAD $204,500, plus USD $6,600.
 

 
·  
As at October 26, 2011, the principal amount of the Loans totaled CAD $219,500, plus USD $6,600.
 

 
RESOLVED:
 

 
This addendum fairly and accurately characterizes the subsequent loan activity between the Lender and the Borrower.
 

 

 

 
 
 


 
DATED:  this 26th day of October, 2011.
 

 

 

 
JEFFERSON THACHUK
  
DAVID HOLMES
Jefferson Thachuk
  
David Holmes
Lender
  
Coronus Solar Inc., Director
     
     
     
KENNETH BOGAS
    
Kenneth Bogas
    
Coronus Solar Inc., Director
    

 

 

 

 

 

 

 

 

 

 

 

 
 
 


 
EXHIBIT A
         
Loans from Shareholder - Jeff Thachuk
      
As at October 26,2011
      
   
CAD
  
USD
 Date
 Source
Principal
  
Principal
         
20-Jun-11
Opening Balance
                  204,500
  
                       6,600
11-Oct-11
Deposit
                    15,000
  
                              -
         
 Total
  
 CAD         219,500
  
 USD             6,600