01
LOAN AGREEMENT
No. 02 - 16/04/2019
concluded between:
Mr Josef Čech, date of birth: 1.1.1967, residing at: Prague, Staroměstské nám. 1, Czech Republic, hereinafter
referred to as the “Lender”, on the one hand, and
ALPHA REAL s.r.o., a company organized and existing under the laws of the Czech Republic, having its principal
office at Brno, Veveří 77, 602 00, Business ID: 290 55 130, represented by CFO Mr. Ferdinand Penízek, acting on
the basis of the Proxy dated March 4, 2014, hereinafter referred to as the “Borrower”, on the other hand,
hereinafter jointly referred to as the “Parties” and separately the “Party”, have entered into this agreement
(hereinafter, the “Agreement”) as follows:
1. SUBJECT OF THE AGREEMENT
1.1. The Lender hereby agrees to provide the Borrower with monetary funds in the amount of CZK 15,000,000
(fifteen million Czech Crowns) (hereinafter, the “Loan”) to the Bank account of the Borrower. The Borrower shall
return the received Loan and pay the interest for the use thereof in the amount, on the due date and according to
the provisions of the Agreement.
1.2. The Borrower shall be entitled to use the Loan for the purposes of the reconstruction of its building – Prague
Office Centre.
2. PROCEDURE OF REPAYING THE LOAN AND PAYING THE INTEREST
2.1. The Borrower is obliged to repay the received Loan amount at whichever is the earlier of the following
times: (i) after 5 years from the date of the conclusion of this contract or (ii) within 1 week from the moment when
the Lender requests in writing that the Borrower repays the Loan. The Borrower is obliged to repay the loan in
cash.
3. AMOUNT AND PROCEDURE OF INTEREST ACCRUAL
3.1. The interest rate applicable for the calculation of the interest for using the Loan under this Agreement shall
be: 8.1 % (eight point one per cent) per month.
4. MISCELLANEOUS
4.1. The Agreement shall come into force upon its signing the first Party hereto. All amendments hereto shall
be valid only if made in writing and signed by at least one Party.
SIGNATURES OF THE PARTIES:
For and on behalf of
ALPHA REAL s.r.o.
Date: 16.4.2019,
Place: Prague
signature of Mr Halíř
For and on behalf of Mr Josef Čech
Date: 16.4.2019,
Place: Prague
signature of Mr Čech
ATTACHMENT: Proxy dated 4 March 2019 issued by ALPHA REAL s.r.o. to Mr Ferdinand Penízek