EX1A-6 MAT CTRCT 5 tm1928283d1_ex6-7.htm EXHIBIT 6.7

Exhibit 6.7

 

Loan Agreement

 

 

This loan agreement is made and will be effective on 09/09/2019

 

BETWEEN

 

Kabindra Sitoula of behalf Sagoon Inc. – a Delaware Corporation hereinafter referred to as the “Borrower” with a street address of 1980 Teasel Ct, Woodbridge, Virginia 22192.

 

AND

 

Mr. Gunaraj Luitel hereinafter referred to as the “Lender” with a street address of 45742 Smoketree Ter, Sterling VA 20166.

 

Terms and Conditions:

 

 

 

Promise to Pay:

 

Sagoon Inc. a borrower promises to pay the Lender $25,000.00 dollars (Twenty Five Thousands) and interest on of before 9 months from the date parties signed this agreement.

 

Lender will have options to convert his/her loan into company stocks (equity) at the current valuation or convertible note at the valuation of a later funding round.

 

Details of Loan: Agreed Between Borrower and Lender:

 

Amount of Loan: $25,000.00

 

Lender is giving one loan or in 6 installments.

ANNUAL PERCENTAGE RATE 6%

 

/s/ Govinda Giri  
Borrower’s Signature  
Govinda Giri  
Kabindra Sitoula is personally responsible to pay the loan above as guarantor.

 

/s/ Gunaraj Luitel  
Lender’s Signature (Gunaraj Luitel)  
Witnesses: 1. /s/ Sita K. Luitel  
  2. /s/ Kabindra Sitoula