American Power Corp. Watch

from 10-K 3 pages 1. Interpretation 1.1. in This Agreement, the Following Expressions Shall Have the Following Meanings, Unless the Context Requires Otherwise: - "Agreement" This Agreement; - "Usd" United States Dollars, the Lawful Currency of the United States of America; - "Parties" the Parties to This Agreement and "Party" Means Any of Them; 1.2. References in This Agreement to the Recital and Clauses Are to the Recital and Clauses in This Agreement Unless the Context Requires Otherwise. 2. Amount and Purpose 2.1. Lender Shall Loan to Borrower Usd 200,000 (The "Loan") as of the Execution Date of This Agreement. 2.2. the Proceeds of the Loan Shall Be Used by the Borrower for Financing the General Operations of the Borrower. 2.3. Upon Execution of This Agreement, the Lender Shall Make All the Principal Amount of the Loan Available to the Borrower by Depositing the Principal Amount to the Following Bank Account of the Borrower: Beneficiary: Teen Glow Makeup Inc Bank: Jp Morgan Chase, USA Aba: Xxxxxxxx Usd Acct Number: Xxxxxxxxxxx Swift: Chasus33