SOCIALIST REPUBLIC OF VIETNAM Independence Freedom Happiness
SOCIALIST REPUBLIC OF VIETNAM
Independence Freedom Happiness
No .....HDTD-CN/CVC |
Hanoi, January 28, 2009
LOAN AGREEMENT
BORROWER:
Name of Company: CAVICO VIETNAM LTD, CO.
Investment certificate No. 011043000070 issued on 07 January, 2007
Address: 06th Floor Songda Building Pham Hung Street Tu Liem Ha Noi
| Phone: | 04.37684.020 | Fax : | 04.37684.000 |
| Representative by: |
| Mr. Pham Minh Phuc | Position: CEO |
LENDER:
Name of invidual, organization: Mr. Bui Quang Ha
ID No: 012489907 issued on 18 March, 2002 by Hanoi Police.
Address : Group 10, Ward 2, Tu Lien Quarter, Tay Ho District, Ha Noi city
I: Content:
Oustanding loans balance by 1,565,325,786 VND at January 28, 2009 of Loan Agreement number 26/HDTD-CN/CVC, date January 28, 2008 between Cavico Vietnam and Mr Bui Quang Ha transfered to this Loan agreement with following terms :
1. Amount of borrow with interest : 1.565.325.786 VND
(In words: One billion, five hundred sixty five million, three hundred twenty five thousand and seven hundred eighty six Vietnam Dong)
2. Duration : 12 months
3. Interest rate : 12% per year
4. Form to pay the interest : Pay interest in advance
5. Date of borrowing: 28 January, 2009
6. Payment: Within 12 months
II . Common commitment
| - | Borrower have responsibility for paying principle and interest on time. |
| - | Lender have responsibility for delivering exact amount as this contract to Borrower. |
BORROWER | LENDER |