LOAN AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Loan Agreement made and executed by and between:

Lucas Adams, Filipino, single, of legal age, and with postal address at
Metrobank Plaza, Sen Gil J. Puyat Avenue, Makati, City, and hereinafter
referred to as the “Creidtor”;

-and-

Benson Kwan, Filipino, single, of legal age, and with postal address at the
32nd Street, 5th Avenue, Fort Bonifacio, Global City, Taguig, Metro Manila,
and hereinafter referred to as the “Debtor”.

WITNESSETH: That,

The PARTY OF THE FIRST PART has agreed to loan the amount of One Million Pesos
(P 1,000,000.00) to the PARTY OF THE SECOND PART for the purpose of funding the
reprinting of his book and subsequent book signing tour across Southeast Asia.

The loan amount shall accrue ten percent (10%) interest per annum.

The repayment of the principal amount plus accrued interest shall be made in four (4)
equal installments due every quarter over the span of 2024.

NOW THEREFORE, for and in consideration of the foregoing premises, the parties
hereby agree to the following terms and conditions:

The proceeds of the loan shall be solely utilized for the reprinting of the book and the
subsequent book signing tour across Southeast Asia.

The repayment of the loan shall be made in four (4) equal installments due every
quarter throughout the year 2024.
The initial installment shall commence on [Start Date], with subsequent installments due
every quarter thereafter.

Failure to make any installment payment on time shall result in penalties as agreed
upon by both parties.

This agreement may be amended or modified only in writing and signed by both parties.

IN WITNESS WHEREOF, the parties have set their hands on this 16th day of
November, 2023.

SIGNED by:

_____________________ _____________________

Lucas Adams Benson Kwan

_____________________ _____________________

Witness Witness

ACKNOWLEDGMENT
REPUBLIC OF THE PHILIPPINES}
CITY OF MANILA }S.S.

Before me, a Notary Public for and in the City of Manila, known to me and to me known
the same persons who executed the foregoing documents denominated as a “Loan
Agreement” and who acknowledged having executed the same of their own free will and
deed.

The foregoing documents consisting of two (2) pages including this page herein the
acknowledgement appears are duly signed by the parties and their instrumental witnesses
on the left hand margin thereof.

IN WITNESS WHEREOF, I have hereunto set my hand and seal in the City of Manila,
this 17th day of November, 2023.

Doc. No. 14523:

Page No. 5634:
Book No. 23432:
Series of 2023.