LOAN AGREEMENT

This loan agreement (“Agreement”) is made and effective the 12 August 2019,

BETWEEN: Erasmus Marco <3273171605870003 > (the "Borrower"), located at Jl Muara Sari
V kav 70, Bandung

AND: PT ELEKTRONIK DATA CASTELINDO, (the "Lender"), located at JL

MAKALIWE RAYA NO.21 GROGOL, GROGOL PETAMBURAN, JAKARTA BARAT, DKI
JAKARTA.

1. Promise to Pay
Within 10 (Ten) months from above date, Borrower promises to pay the Lender the sum of
IDR50,000,000.00 (Indonesian Rupiah Nine Million) and interest and other charges stated below.

2. Responsibility
Although this agreement may be signed by more than one person. Borrower understands that we are
each individual responsible for paying back the full amount.

3. Breakdown of Loan

Amount of Loan: IDR50,000,000.00

Other (Describe): -NIL-
Amount Financed: -NIL-
Finance Charge: -NIL-
Total of payments: IDR50,000,000.00
Annual Rate: 24% (If apply)

4. Repayment
Borrower will repay the amount of this note in 10 (Ten) months.

5. Prepayment
The Borrower has the right to prepay all or any part of the principal amount of this Loan, together with
accrued and unpaid interest thereon, at any time without prepayment penalty or premium of any kind.

6. Late Charge
Any installment not pay within 14 days of the due date shall be subject to a late charge of IDR50,000
(Indonesia Rupiah Fifty Thousand) for such late installment.

7. Security
To protect Lender. The Borrower shall remain employed by Lender throughout this agreement.

8. Default
If for any reason Borrower fail to make any payment on time, Borrower shall be in default. The Lender
can then demand immediate payment of the entire remaining unpaid balance of this loan, without
giving any further notice. If borrower has not paid the full amount of the loan when the final payment
is due, the Lender will charge Borrower interest on the unpaid balance at 24% (Twenty-four Percent)
per year.
9. Right of Offset
If the loan become past due or breach of contract, the Lender will have the right to pay this loan from
Borrower Monthly Salary without notice. If the Lender gives Borrower extension of time to pay this loan,
Borrower still must repay the entire amount.

10. Collection Fees

If this note is placed with an Attorney for collection. Then Borrower agree to pay all attorney’s fee. This
fee will be added to the unpaid balance of loan.

11. Co-borrowers
If borrower is signing this Agreement as a co-borrower, co-borrower agrees to be equally responsible
with the Borrower for this loan.

12. Successors and Assigns

The Borrower may not assign its rights or delegate its duties under this Loan without the Lender’s prior
written consent.

13. Notifications
Any notice or communication under this Loan must be in writing and sent via mail.

14. Governing Law

This Loan shall be governed by and construed in accordance with the laws of INDONESIA.

IN WITNESS WHEREOF, the undersigned has executed this Loan Agreement as of the date first
stated above.

LENDER BORROWER

___________________ ___________________
Name: Name: Erasmus Marco
KTP: KTP: 3273171605870003
Date: Date: 2 August 2019