Loan Confirmation Agreement between MEDIES and Kenneth Tindall dated February 10, 2022
This agreement confirms that MEDIES owes Mr. Kenneth Tindall $40,311 as of February 10, 2022. The loan is unsecured, does not accrue interest, and must be repaid upon demand, but not within two years from the date of the letter. The funds were provided to support MEDIES' business development. The agreement is acknowledged and signed by Kenneth Tindall, acting as both lender and company representative.
Exhibit 10.5
LOAN CONFIRMATION
February 10, 2022
Dear MEDIES,
THIS IS A REQUEST FOR CONFIRMATION OF YOUR ACCOUNT WITH MR. KENNETH TINDALL, THAT IS READ AS FOLLOWS:
The amount outstanding as a loan payable by MEDIES to Mr. Kenneth Tindall as of February 10, 2022 is $40,311. This loan is unsecured, interest-free, and is payable upon demand, but not within two years from the date of this letter. This loan was advanced to support the Company’s development stage business activities.
If this amount payable to you is correct as it appears in MEDIES’ books, please confirm it by signing this letter at the space provided below.
I HEREBY AGREE, THAT THE BALANCE SHOWN HEREWITH IS CORRECT:
Name and Designation of the company representative:
Kenneth Tindall, Chief Executive Officer/Chief Financial Officer
MEDIES (a Wyoming Company)
Signature: /s/ Kenneth Tindall
Date: February 10, 2022
