LOAN CONTRACT

THIS LOAN AGREEMENT (this "Agreement")

BETWEEN:

__________ of ______________________________________

(the "Lender")

AND

__________ of ______________________________________

(the "Borrower")

IN CONSIDERATION 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 out in this Agreement:

Loan Amount & Interest

The Lender promises to loan $____________________USD to the Borrower and the Borrower promises to repay this principal amount to the Lender, without interest payable on the unpaid principal, beginning on ......, 202....

Payment

This Loan will be repaid in full on ......, 202...

Default

Notwithstanding anything to the contrary in this Agreement, if the Borrower defaults in the performance of any obligation under this Agreement, then the Lender may declare the principal amount owing under this Agreement at that time to be immediately due and payable.

Governing Law

This Agreement will be construed in accordance with and governed by the laws of the State of ................

Costs

The Borrower shall be liable for all costs, expenses and expenditures incurred including, without limitation, the complete legal costs of the Lender incurred by enforcing this Agreement as a result of any default by the Borrower and such costs will be added to the principal then outstanding and shall be due and payable by the Borrower to the Lender immediately upon demand of the Lender.

Binding Effect

This Agreement will pass to the benefit of and be binding upon the respective heirs, executors, [ENDE DER VORSCHAU]