Loan To Shareholder Agreement
Creating a "Loan to Shareholder" template typically involves preparing a formal document that outlines the terms of a loan provided by a company to one of its shareholders. This document should include key details about the loan, including the amount, interest rate, repayment terms, and other relevant conditions.
Here is a sample template for a "Loan to Shareholder" agreement:
LOAN TO SHAREHOLDER AGREEMENT
This Loan to Shareholder Agreement (the "Agreement") is made and entered into as of [Date], by and between:
Lender: [Company Name], a [State] corporation with its principal office located at [Company Address] (the "Lender").
Borrower: [Shareholder's Name], a shareholder of the Lender, residing at [Borrower's Address] (the "Borrower").
RECITALS
WHEREAS, the Lender agrees to loan certain funds to the Borrower, and the Borrower agrees to repay the loan according to the terms set forth in this Agreement.
AGREEMENT
IN WITNESS WHEREOF, the parties have executed this Loan to Shareholder Agreement as of the date first written above.
Lender:
[Company Name]
By: ___________________________
Name: [Name]
Title: [Title]
Borrower:
[Shareholder's Name]
By: ___________________________
Name: [Name]
This template provides a basic structure for a loan agreement between a company and its shareholder, but be sure to adapt it to fit your specific requirements and legal obligations.