Supplementary Agreement of Loan Agreement
EX-10.37 41 exhibit1037.htm SUPPLEMENTAL LOAN AGREEMENT exhibit1037.htm
Exhibit 10.37
Supplementary Agreement of Loan Agreement
Party A: Shandong Longkong Travel Development Co., Ltd
Party B: Yishui Underground Fluorescent Lake Travel Development Co., Ltd
1. | Considering the strategic cooperation relation, both parties reach this agreement through consultations; the loan which Party A provided to Party B before, shall not be charged the interest starting from the date of 01-1-2010, the interest already collected by Party A shall not be returned to Party B. |
2. | Any loan without a loan term which provided by Party A to Party B, shall be regarded as 1 year term loan; Party shall commence the repayment before the expiration of the loan term, and repay it as scheduled; any loan term extension shall be resolved through consultations between both parties. |
3. | This contract is made out in 2 duplicates, each for both parties; and it shall be effective immediately as it is sealed by both parties. |
Party A: (seal) | Shandong Longkong Travel Development | ||
Co., Ltd (sealed) | |||
[company chop] | |||
Party B: (seal) | |||
Yishui Underground Fluorescent Lake Travel Development Co., Ltd (sealed) | |||
[company chop] | |||
Date: 31-12-2009 |