VERBAL LOAN AGREEMENT
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EX-10.1 6 exh10.htm Loan Agreement - TrackTime24
VERBAL LOAN AGREEMENT
This Verbal Loan Agreement is entered into on June 15, 2018 (the “Effective Date”), by and between Michal Wisniewski (the “Lender”) and Transuite.Org Inc. (the “Borrower”), collectively “the Parties.”
TERMS OF REPAYMENT
1 Loan Amount
The Lender agrees to lend a total of $50, 000 payable in applicable installments over the Term (“The Loan”).
2 Interest Rate
Both Parties agree upon an interest rate of 0%.
3 Term
The Loan Term is 5 years.
“LENDER”
By: /s/ Michal Wisniewski
Date: June 15, 2018
“BORROWER”
By: /s/ Michal Wisniewski
Date: June 15, 2018
