Oral Loan Agreements Between HealthTalk Management and Company

Contract Categories: Business Finance › Loan Agreements
Summary

President Johnie Yawn and Secretary Vicki Yawn have loaned $55,000 to the Company to support its operations. These loans are oral agreements, carry no interest, and are repayable upon demand. There is no obligation for the management to provide further loans in the future.

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EX-10.1 3 healthtalk_ex101.htm TERMS OF ORAL LOAN AGREEMENTS WITH MANAGEMENT healthtalk_ex101.htm
EXHIBIT 10.1
 
Terms of Oral Loan Agreements with Management
 
President Johnie Yawn and our Secretary Vicki Yawn have agreed to loan the Company money to continue operations. The Company currently owes $55,000.00 to Johnie and Vicki Yawn from previous loans for operations. These loans were made on an oral basis without interest, due upon demand. Management is under no obligation to loan the Company additional funds for operations.