EX-10.1
from 8-K
6 pages
Loan Conversion Agreement by and Between Leo Motors, Inc. and Leo Motors Co., Ltd. Dated as of July 6, 2015 Loan Conversion Agreement This Agreement Is Made on July 6, 2015 Between: Leo Motors (Hereinafter “LEOM”) a Corporation Incorporated in Nevada, USA and Having Its Principal Executive Office at 3f Bokwang Bldg., Seowoonro 6 Gil 14, Seocho-Gu, Seoul, Korea; And: Leo Motors Co., Ltd, (Hereinafter “Lek”), a Corporation Incorporated in the Republic of Korea and Having Its Principal Executive Office at 85 Sangokdong-Ro, Hanam-Si, Gyeonggi-Do, Korea; Whereas: The “LEOM” Wishes to Acquire New Shares of the “Lek” by Converting Its Credits to the “Lek” Made on March 20, 2015, June 3, 2015, , and June 29, 2015 Which Amounts Are 253,708,213 Korean Won in Total, Into 2,537,081 Shares of the Common Stocks of “Lek.”
12/34/56