Future Loan Agreement between Julio Antonio Quesada Murillo and Neolara Corp.
This agreement is between Julio Antonio Quesada Murillo (the Lender) and Neolara Corp. (the Company). The Lender agrees to provide a $46,500 loan to the Company, which will be used to pay for the purchase of Futureproof Eco Solutions LLC. The loan is non-interest bearing and must be repaid upon demand after three years or earlier if the Company's finances allow. The Lender may choose to lend additional funds but is not obligated to do so. The agreement lasts for three years from April 5, 2023.
Exhibit 10.7
FUTURE LOAN(S) AGREEMENT
THE PARTIES TO THIS AGREEMENT ARE:
The Lender: Julio Antonio Quesada Murillo
The Company: Neolara Corp.
Whereas the Lender agrees to lend funds to the Company to pay for purchased Futureproof Eco Solutions LLC.
The Parties agree to the following:
| 1. | The duration of this agreement is three years (3) from the date of its execution. |
| 2. | The Company will use the funds to pay for purchased Futureproof Eco Solutions LLC. |
| 3. | The Lender will lend $46,500. The Lender may lend additional amount after the initial $46,500 loan, but he is not required to do so. |
| 4. | The loan(s) are non-interest bearing and payable upon demand after the three years period or when the Company’s financial position allows for repayment. |
Date: April 05, 2023
/s/ Julio Antonio Quesada Murillo
Julio Antonio Quesada Murillo
/s/ Julio Antonio Quesada Murillo
Company signatory – President
