Terms and Conditions of the loan.
I agree to enter a loan agreement on the date as indicated in my
loan application form by and between Pisquared Energy Limited
("Lender") located at 17 Touggourt Street, Wuse Zone 2, Abuja
and I ("Borrower") located at the address indicated in my loan
application form.

(1) The tenure of the loan is one month and attracts a late repayment fee of 1% of the loan
amount for every 10days after the repayment due date until the loan is paid in full.

(2) The borrower agrees to use the loan fund solely for the purpose indicated in the loan
application process.

(3) The loan and the interest accrued shall be repaid before or as at when due.

(4) The collateral(security) for the loan received shall be the phone described in the loan
application form.

(5) The collateral(phone) cannot be sold until the loan and interest accrued is fully repaid.

(6) The interest rate on loan amount of five thousand naira and above is 42%.

(7) The interest rate on loan amount between one thousand naira and
five thousand naira is 0%

(8) The borrower represents and warrants that all information provided in the loan
application form is true, accurate and complete.

(9) The borrower has the authority to enter into this agreement and borrow
the loan amount.

(10) Repayment shall be made to the company's account (feel free to call to verify account
details before payment):

Pisquared Energy Limited
Zenith bank
1016426761

(11) The borrower shall be in default under this agreement if
- fails to make payment when due
- breaches any other provision of this agreement

(12) In the event of default the lender has the authority to recover the loan from the borrower
by confiscating and selling the collateral(phone) used in securing the loan.

(13) The agreement shall be governed by and construed in accordance with the laws of the
Federal republic of Nigeria.

(14) This agreement constitutes the entire agreement between the parties regarding the
subject matter hereof and supersedes all prior agreements and understanding, wheter written
or oral. Any modification to this agreement must be in writing and signed by both parties

In witness whereof the parties have agreed to execute the agreement as of the date the
loan application form is submitted.

(15) The borrower shall sign this agreement by accepting to have read and understood this
agreement as indicated in the loan application process.