Loan Agreement between Daykeen Group Limited and Top Time International Limited for Share Acquisition
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Summary
Daykeen Group Limited agrees to loan $54.82 million to Top Time International Limited so that Top Time can purchase 90% of the shares of Chongqing JiuZhou Dismutase Biology Technology Co., LTD. The lender may pay the loan amount directly to the seller of the shares. The loan must be repaid within three months. The agreement is dated December 22, 2006.
EX-10.7 7 v093689_ex10-7.htm
Exhibit 10.7
Loan Agreement
(English Translation)
Lender: Daykeen Group Limited
Borrower: Top Time International Limited
In connection with loans, the Parties hereby agree as follows:
1. The Borrower need to pay $54.82 million transfer price to buy 90% of the shares of Chongqing JiuZhou Dismutase Biology Technology Co., LTD.
2. The Lender agrees to loan $54.82 million to the Borrower.
3. The Lender can pay the above-mentioned amount directly to the transferor of the shares of Chongqing JiuZhou Dismutase Biology Technology Co., LTD.
4. The loan period is no longer than three months.
The Lender: Daykeen Group Limited
The Borrower: Top Time International Limited
Date: December 22, 2006
