Loan Agreement between Mr. Zhu Xiaojun and Shaanxi Guangsha Investment and Development Group Co., Ltd.
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Summary
This agreement is between Mr. Zhu Xiaojun (lender) and Shaanxi Guangsha Investment and Development Group Co., Ltd (borrower). Mr. Zhu loans RMB 20,000,000 to the company for one month, interest-free, to help finance working capital for a land use rights auction in Yang County. If the loan is not repaid within one month, a 15% interest rate applies. The agreement was signed on November 14, 2011, with each party receiving a copy.
EX-10.2 3 v243909_ex10-2.htm EXHIBIT 10.2 Unassociated Document
Exhibit 10.2
Loan Agreement
Party A: Mr. Zhu Xiaojun
Party B: Shaanxi Guangsha Investment and Development Group Co., Ltd
Party B will join the land use right auction for commercial land use rights in Yang County. For the purpose of financing working capital, Party B borrows RMB 20,000,000 from Party A. The borrowing term is one month without interest. If the borrowing term exceeds one month, Party A agrees to pay interest at a 15% interest rate.
This loan agreement has two copies, each party has one copy.
Signed by Party A
Signed by Part B
Signed on November 14, 2011.
