Unsecured Interest-Free Loan Agreement between Ravi Kiran Inturi and Starkot Corp.
This agreement, dated July 29, 2016, is between Ravi Kiran Inturi, Director of Starkot Corp., and Starkot Corp. Ravi Kiran Inturi agrees to provide a loan of up to $50,000 to Starkot Corp. if the company needs funds for operations or to pay obligations. The loan will be interest-free, unsecured, and does not have a set repayment date. Both parties have authorized the agreement with signatures.
Verbal Agreement
Date: July 29th, 2016
Hereby the Director of Starkot Corp. Ravi Kiran Inturi certify verbal intention to loan to Starkot Corp. in case if Starkot Corp. needs funds for its operation and paying obligations in the amount of fifty thousand (50,000) USA dollars. The loan amount does not have any interest and should be deemed as unsecure without repayment date.
Authorized signatures of Starkot Corp. and Ravi Kiran Inturi:
/s/ Ravi Kiran Inturi
