Exhibit 6.7
Loan Agreement
This loan agreement is made and will be effective on09/09/2019
BETWEEN
Kabindra Sitoula of behalf Sagoon Inc. – a Delaware Corporationhereinafter 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 of45742 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 |