LOAN TERMS AGREEMENTLoan Terms Agreement • November 8th, 2011 • Online Disruptive Technologies, Inc. • Services-computer programming, data processing, etc. • Nevada
WHEREAS the Lender has lent to the Company the amount of $74,062.33USD (the “Loan”) which amount remains outstanding as of the date hereof;
Loan Terms AgreementLoan Terms Agreement • February 3rd, 2010 • Imedia International Inc • Non-operating establishments
This loan is guaranteed paid in full within 60 days of the date of funding, using collateral of common stock and or assets of the company, and a total debt service payment not to exceed $200,000 in cash value. In addition lender earns warrants to purchase common stock in iMedia International at the agreed conversion price.
Loan Terms Agreement (Amendment 4)Loan Terms Agreement • June 4th, 2010 • Imedia International Inc • Non-operating establishments
Agreed Interest Payment: $50,000 & 100,000 warrants to purchase iMedia common stock at a conversion price set at trading price at the end of day of funding or 50 cents whichever is less. An additional 100,000 warrants at a conversion price set at the trading price as of the end of the day of execution of the first extension. (Extension Date: 4/15/10) An additional 100,000 warrants at a conversion price set at the trading price as of the end of the day of execution of the second extension. (Extension Date: 5/20/10)
Loan Terms Agreement (Amended)Loan Terms Agreement • April 8th, 2010 • Imedia International Inc • Non-operating establishments
Agreed Interest Payment: $50,000 & 100,000 warrants to purchase iMedia common stock at a conversion price set at trading price at the end of day of funding or 50 cents whichever is less.
