Loan Agreement between Shih Liang and Arise Technologies Co., Ltd.

Contract Categories: Business Finance › Loan Agreements
Summary

This agreement documents a loan of $103,694 from Shih Liang to Arise Technologies Co., Ltd. The loan is interest-free, and repayment terms will be determined later based on the company's operations. The agreement is governed by the laws of Taiwan and is signed by both parties.

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EX-10.7 5 exhibit10-7.htm LOAN STATEMENT Filed by sedaredgar.com - Arise Technologies Inc. - Exhibit 10.7

Statement

 

This statement is made regarding the loan between the following parties:

  (1)

Shih Liang (the “Lender”); and

  (2)

Arise Technologies Co., Ltd. (the “Borrower”).

The content of the loan is as following:

  1.

Loan. The Lender lend the Borrower the sum of USD$103,694 by the end of June 30, 2008.

     
  2.

Interest. Both parties have agreed that the loan shall not bear interest.

     
  3.

Payment. Payment shall be discussed between both parties in accordance with the operation of the company.

     
  4.

Governing Law. This statement shall be governed by, construe and enforced in accordance with the laws of Taiwan.

 

 

Signed by the Borrower: Arise Technologies Co., Ltd.


Signed by the Lender: /s/ Shih Liang