Company: NTWK
Filing Date: 2025-09-29
Form Type: 10-K
Source: 0001493152-25-015950
Chunk: 1138

Company: NETSOL TECHNOLOGIES INC
Filing Date: 2025-09-29
Form: 10-K
Item: Item 6
Chunk 1138
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 subsidiaries may accelerate if they do not comply with these covenants. In case of any change in control in
subsidiaries, they may have to repay their respective credit facilities.

Dividends
and Redemption 

It
has been our policy to invest earnings in growth rather than distribute earnings as common stock dividends. This policy, under which
common stock dividends have not been paid since our inception is expected to continue but is subject to regular review by the Board of
Directors.

Contractual
Obligations 

Our
contractual obligations are as follows:

    Payment due by period 
    More than 5 
  
    Contractual Obligation 
    Total  
    0 - 1 year  
    1-3 Years  
    3-5 Years  
     years 
  
    Debt Obligations 

    D&O Insurance 
    $119,542  
    $119,542  
    $-  
    $-  
    $  - 
  
    Bank Overdraft Facility 
     405,000  
     405,000  
     -  
     -  
     - 
  
    Bank Overdraft Facility II 
     -  
     -  
     -  
     -  
     - 
  
    Term Finance Facility 
     -  
     -  
     -  
        
     - 
  
    Loan Payable Bank - Export Refinance 
     1,759,634  
     1,759,634  
     -  
     -  
     - 
  
    Loan Payable Bank - Running Finance 

    Loan Payable Bank - Export Refinance II 
     1,337,322  
     1,337,322  
     -  
     -  
     - 
  
    Loan Payable Bank - Export Refinance III 
     4,575,048  
     4,575,048  
     -  
     -  
     - 
  
    Term Finance Facility 
     -  
     -  
     -  
     -  
     - 
  
    Sale and Leaseback Financing 
     76,618  
     29,660  
     46,958  
     -