THEREFORE, the contracting parties enter into the following agreement regarding the $750,000 loan granted to Part B by the natural person designated by Part A and acting with it in consultation: If the borrower dies before the loan is repayable, the authorities use their assets to pay the remainder of the debt. If there is a co-signer, it is their responsibility for the debt. A loan agreement is broader than a debt and contains clauses on the entire agreement, additional expenses and the modification process (i.e. to amend the terms of the agreement). Use a loan contract for large-scale loans or from several lenders. Use a debt note for loans from non-traditional lenders such as individuals or businesses rather than banks or credit unions. Use the LawDepot credit agreement model for business transactions, student education, real estate purchases, down payments or personal credits between friends and family. The use of a loan agreement protects you as a lender because it legally requires the borrower to repay the loan in regular or lump sum payments. A borrower can also find a loan agreement useful because he spells the details of the loan for his files and helps keep an overview of the payments. Loan contracts generally contain information on: IN OF the Lender Loaning certain monies (the Loan) to the Borrower, and the Borrower repaying the Loan to the Lender, both parties agree to keep, perform and fulfill the promises and conditions set ding`s in this Agreement: A Loan Agreement is a document between a borrower and lender that details a til loan e. IN Section 4 of the credit contract , if applicable, the borrower will be able to repay the loan at his discretion with accrued interest as of December 23, 2020 („Conversion Date Borrower“). Interest is a way for the lender to calculate money on the loan and offset the risk associated with the transaction. If the loan is for a large amount, it is important that you update your last wishes to indicate how you want to manage the current loan after your death.

If the lender dies before obtaining the full repayment, the borrower owes the lender`s estate. In this case, the beneficiaries of the lender`s estate will recover the remainder of the debt. This first amendment to the Convertible Credit Agreement („Amendment“) will be completed on June 18, 2019 and will take effect on March 19, 2019 between Roran Capital LLC, a Limited Liability Company in Wyoming („Roran“) and Waterside Capital Corporation, a „Waterside Corporation.“ This convertible agreement (this „agreement“) will be entered into from 13 2019 (effective date) between micronet Ltd., a limited company whose shares are listed on the Tel Aviv Stock Exchange („TASE“) and which were created in accordance with the laws of Israel (the „company“ or „Micronet“) and mict, Inc., a Delaware company („Lender“). This convertible loan agreement (the „agreement“) will be entered into on March 9, 2020 (effective date) of and between UAS Drone Corp., an over-the-counter company established at 420 Royal Palm Way, Palm Beach FL 33480, United States (the „Company“) and [the „Lender“). The agreement is dated May 10, 2019 between Agritek Holdings, Inc. of a public company under the symbol („AGTK“) and Delaware Corporation, headquartered at 777 Brickell Avenue, Suite 500, Miami, FL. 33131 (borrower) and B. Michael Friedman of First Level Capital, LLC, a Florida limited liability company (Lender).