Loan Agreement between Sune Olsen Holding ApS and Dandrit Biotech A/S (2013)

Contract Categories: Business Finance › Loan Agreements
Summary

Sune Olsen Holding ApS has agreed to provide several loans totaling DKK 2,805,000 to Dandrit Biotech A/S to support its equity-raising efforts during late 2013 and early 2014. The loans accrue interest at 5% per year from the date received and are due for repayment by May 1, 2014. Dandrit Biotech A/S may repay the loans at any time before the due date. The agreement is signed by authorized representatives of both companies.

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EX-10.9 13 ex10-9.htm DEBT INSTRUMENT ex10-9.htm
Exhibit 10.9
 
LOAN AGREEMENT
 
Between
 
Sune Olsen Holding ApS
Jagtvej 169 8, 3.
2100 København Ø
CVR-nr. 25372727
 
And
 
Dandrit Siotech A/S
Symbion Sciencepark Fruebjergvej 3
2100 København Ø
CVR-nr. 26027322
 
In connection with Dandrit Biotech’s effort to raise new equity during the autumn and winter 2013/2014
Sune Olsen Holding ApS has agreed to issue the following loans to Dandrit Biotech A/S.
 
DKK 1,500,000 issued as of November 11, 2013
DKK 405,000 issued as of November 20, 2013
DKK 900,000 issued as of December 2, 2013
 
All loans will accrue interest at 5% per year as from the time where they are received by Dandrit Biotech and until repayment is done. The loans are due on May 1, 2014.
 
Dandrit Biotech Is entitled to repay the Loans at any time.
 
DanDrit Blotech A/S
/s/ Mr. Eric Jean Marie Leire,
President and Chief Executive Officer
 
Sune Olsen Holdings ApS
/s/ Sune Olsen
President
 
 
 
 
 
LOAN AGREEMENT
 
Between
 
Sune Olsen Holding ApS
Jagtvej 169 8, 3.
2100 København Ø
CVR-nr. 25372727
 
And
 
Dandrit Siotech A/S
Symbion Sciencepark Fruebjergvej 3
2100 København Ø
CVR-nr. 26027322
 
In connection with Dandrit Biotech A/S' effort to raise new equity during the autumn and winter 2013/2014 Sune Olsen has agreed to issue the following loan to Dandrit Biotech A/S.
 
DKK 1,000,000 issued as of December 20, 2013
 
All loans will accrue Interest at 5% per year as from the time where they are received by Dandrit Biotech and until repayment is done. The loans are due on May 1, 2014.
 
Dandrit Biotech is entitled to repay the loan at any time.
 
DanDrit Biotech A/S
/s/ Mr. Eric Jean Marie Leire,
President and Chief Executive Officer
 
Sune Olsen Holdings ApS
/s/ Sune Olsen
President