UNSECURED DIRECTORS LOAN AGREEMENT THIS AGREEMENT is made on the 15th day of March 2018.
EX-10.1 5 ex10-1.htm
WHEREAS:
Exhibit 10.1
UNSECURED DIRECTORS LOAN AGREEMENT
THIS AGREEMENT is made on the 15th day of March 2018.
MADE BETWEEN:
Li Weiwei, of 8 Tiaojiayuan Street, Suite 1402, Chaoyang District, Beijing, China (“Director”)
OF THE FIRST PART
AND:
Soltrest Inc., a company incorporated pursuant to the laws of Nevada with an address at 8 Tiaojiayuan Street, Suite 1402, Chaoyang District, Beijing, China
("Company")
OF THE SECOND PART
WHEREAS:
A. | Director agrees to loan funds to the Company to finance Company’s business activities until sufficient funds are raised during IPO or for the period of 2 years whatever comes first; |
B. | Company agrees to repay this loan upon request after sufficient funds are raised through IPO or after two years from the date this agreement was signed. |
NOW THEREFORE THIS AGREEMENT WITNESSETH that for and in consideration of the sum of TEN DOLLARS ($10.00), and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree as follows:
1. | Director hereby agrees to provide a loan to the Company concurrent with the execution of this Agreement; |
2. | Loan funds advanced shall be unsecured and non-interest bearing, with no fixed term of repayment. |
IN WITNESS WHEREOF the parties hereto have hereunto affixed their respective hands, both as of the day and year first above written.
SOLTREST INC. | |||
/s/ Li Weiwei | /s/ Li Weiwei | ||
Li Weiwei | Authorized Signatory |