Loan Agreement for Capital Contribution between Chongqing Shenggu Construction Co., Ltd. and Chongqing Central BPO Industry Co., Ltd.
Chongqing Shenggu Construction Co., Ltd. (the Lender) has provided an interest-free loan of RMB 10,000,000 to Chongqing Central BPO Industry Co., Ltd. (the Borrower) to be used as a capital contribution in forming the Lender. The loan was made in April 2013, is due on demand, and can be repaid at any time without penalty. There is no guarantee required for this loan.
Exhibit 10.11
Summary Translation of
Loan Agreement for Capital Contribution
Lender: Chongqing Shenggu Construction Co., Ltd.
Borrower: Chongqing Central BPO Industry Co., Ltd.
| 1. | Purpose of loan agreement. |
The purpose of the loan agreement is for the Borrower’s capital contribution in the formation of the Lender.
| 2. | Amount of loan. |
RMB 10,000.000.
| 3. | Loan term. |
The loan was entered into in April 2013 and is due on demand.
| 4. | Interest rate and method of payment. |
The loan is interest free.
| 5. | Repayment Date. |
The loan is due on demand.
| 6. | Prepayment. |
The loan can be repaid at anytime without penalty.
| 7. | Guarantee. |
There is no guarantee for the loan.
