Loan Agreement between Gagi Gogolashvili and Intorio, Corp. dated January 5, 2021
This agreement is between Gagi Gogolashvili and Intorio, Corp., a Nevada company, in which Gagi agrees to loan up to $30,000 to Intorio. The loan is non-interest bearing, secured, and must be repaid upon demand. Any future loans from Gagi to Intorio will follow the same terms unless otherwise agreed in writing. The agreement is effective as of January 5, 2021.
Exhibit 10.2
LOAN AGREEMENT
THIS AGREEMENT made the 5th day of January 2021.
BETWEEN:
Gagi Gogolashvili, of 24 Alexander Kazbegi Ave, Tbilisi, Georgia 0177. (“Gagi”
OF THE FIRST PART
AND:
Intorio, Corp., a company incorporated pursuant to the laws of Nevada with an address at 24 Alexander Kazbegi Ave, Tbilisi, Georgia 0177 ("Intorio")
OF THE SECOND PART
WHEREAS:
A. | Intorio requires funding in connection with its business operations; |
B. | Gagi has agreed to loan up to US $30,000 (the “Loan”) to Intorio, on certain terms and conditions contained herein; |
NOW THEREFORE THIS AGREEMENT WITNESSETH the parties hereto agree as follows:
1. | Gagi hereby agrees to loan up to US $30,000 (the “Loan”) to Intorio concurrent with the execution of this Agreement; |
2. | Loan funds advanced shall be non-interest bearing, secured and payable upon demand. |
3. | Any additional funds that Gagi loans to Intorio subsequent to this Agreement shall be subject to the same terms as this Agreement, unless otherwise agreed in writing. |
IN WITNESS WHEREOF the parties hereto have hereunto affixed their respective hands, both as of the day and year first above written.
GAGI GOGOLASHVILI | INTORIO, CORP. |
/s/Gagi Gogolashvili | /s/Gagi Gogolashvili |
Gagi Gogolashvili | Gagi Gogolashvili, CEO |