Summary of Oral Loan Agreement between SusGlobal Energy Corp. and Laurence Zeifman
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Summary
SusGlobal Energy Corp. and Laurence Zeifman entered into an oral agreement on April 3, 2018, under which Mr. Zeifman, a director of the company, loaned $19,928 (USD) to SusGlobal. The loan carries a 12% annual interest rate, is unsecured, and is repayable upon demand. There is no written contract for this loan.
EX-10.43 5 exhibit10-43.htm EXHIBIT 10.43 SusGlobal Energy Corp.: Exhibit 10.43 - Filed by newsfilecorp.com
Exhibit 10.43
Summary of Terms of Oral Agreement
The following summarizes the material terms of an Oral Agreement between SusGlobal Energy Corp. and Laurence Zeifman.
On April 3, 2018, Laurence Zeifman, a director of SusGlobal Energy Corp. made a loan in the amount of $19,928 ($25,000 CAD). The loan bears interest of 12% per annum, is due on demand and is unsecured. There is no written agreement evidencing this loan.
