Loan Agreement between Shemn Corp. and President Sun Kui (September 6, 2016)

Contract Categories: Business Finance Loan Agreements
Summary

This agreement documents that Sun Kui, President of Shemn Corp., confirms the ability to loan $50,000 to Shemn Corp. The funds are intended to cover expenses related to the company's Form S-1 Registration Statement and other business needs. Both Sun Kui and Shemn Corp. have signed to confirm this arrangement. The agreement does not specify repayment terms or interest.

EX-10.3 7 ex_10-3.htm VERBAL AGREEMENT ex_10-3.htm - Generated by SEC Publisher for SEC Filing

Verbal Agreement

September 6, 2016

 

The President of Shem Corp. Sun Kui is verbally confirming the ability to loan to Shemn Corp. funds in the amount of $50,000 USA dollars (fifty thousand USA dollars) for the purpose of the Shemn Corp.’s needs, such as expanses related to the Form S-1 Registration Statement and other necessary provisions in regards to the Shemn Corp.’s business operations.

 

Confirmation signatures of the Shemn Corp.’s and the President of Shem Corp. Sun Kui:

 

/s/ Sun Kui

Shemn Corp.

Sun Kui