Loan Agreement Stockholder to Corporation

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

LOAN AGREEMENT

This Loan Agreement (the “Agreement”) is made and entered into this {{day}} day of {{month}}, {{year}} (the “Effective Date”),

BETWEEN:

{{stockholder_name}}, of {{stockholder_address}} (hereinafter referred to as the “Lender”);

AND

{{company_name}}, a company duly incorporated under the laws of {{jurisdiction}}, with its registered office located at {{company_address}} (hereinafter referred to as the “Borrower”).

Collectively referred to as the “Parties” and individually as a “Party”.

1. LOAN AMOUNT AND PURPOSE

1.1. The Lender agrees to lend to the Borrower the principal sum of {{loan_amount}} ({{loan_amount_words}}) (the “Principal Sum”).

1.2. The Borrower shall use the Principal Sum for {{purpose_of_loan}}.

2. INTEREST RATE

2.1. The Principal Sum shall bear interest at a rate of {{interest_rate}}% per annum, calculated on a {{interest_calculation_method}} basis, compounded {{compounding_frequency}}.

2.2. Interest shall begin to accrue from the date of disbursement of the Principal Sum.

3. REPAYMENT TERMS

3.1. The Borrower shall repay the Principal Sum together with accrued interest in {{number_of_installments}} ({{number_of_installments_words}}) installments of {{installment_amount}} ({{installment_amount_words}}) each, commencing on {{first_repayment_date}} and on the {{repayment_day}} day of each subsequent {{repayment_period}} until the Principal Sum and all accrued interest are paid in full.

3.2. All payments shall be made in {{currency}} to the Lender’s designated bank account or as otherwise instructed by the Lender in writing.

4. DEFAULT

4.1. The occurrence of any of the following shall constitute an event of default (each, an “Event of Default”):

(a) Failure by the Borrower to make any payment of principal or interest when due under this Agreement.

(b) Breach by the Borrower of any other term or condition of this Agreement.

(c) The Borrower becoming insolvent or entering into any insolvency proceedings.

4.2. Upon the occurrence of an Event of Default, the entire outstanding Principal Sum and all accrued interest shall become immediately due and payable at the option of the Lender, without prejudice to any other rights or remedies available to the Lender.

5. GOVERNING LAW AND JURISDICTION

5.1. This Agreement shall be governed by and construed in accordance with the laws of {{governing_law_jurisdiction}}.

5.2. Any dispute arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of {{governing_law_jurisdiction}}.

6. GENERAL PROVISIONS

6.1. This Agreement constitutes the entire agreement between the Parties with respect to the subject matter hereof and supersedes all prior agreements, understandings, and negotiations, whether written or oral.

6.2. No amendment or modification of this Agreement shall be valid unless made in writing and signed by both Parties.

6.3. The failure of either Party to enforce any provision of this Agreement shall not be construed as a waiver of that provision or of the right to enforce it at a later time.

SIGNATURES

IN WITNESS WHEREOF, the Parties have executed this Agreement as of the Effective Date.

___________________________

LENDER: {{stockholder_name}}

___________________________

BORROWER: {{company_name}}

By: ________________________

Name: {{authorised_signatory_name}}

Title: {{authorised_signatory_title}}