Property Borrowing Agreement between Zhao Dong Ke and Yangling Dongke Maidisen Pharmaceutical Co., Ltd.

Contract Categories: Real Estate › Lease Agreements
Summary

This agreement is between Zhao Dong Ke (Party A) and Yangling Dongke Maidisen Pharmaceutical Co., Ltd. (Party B). Zhao Dong Ke agrees to lend a fully decorated office property in Xi’an to Party B for business use, specifically for relocating its sales and management departments. The property is provided free of charge for five years, from January 1, 2007, to December 31, 2011. Party B must use the property only for its stated business needs and cannot alter its use or structure.

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EX-10.1 7 ex101.htm EXHIBIT 10.1 Unassociated Document
Exhibit 10.1
 
 
Property Borrowing Agreement

Party A: Zhao Dong Ke
 
 
Party B: Yangling Dongke Maidisen Pharmaceutical Co., Ltd.
 
In order to support the development of Party B, Party A voluntarily lend one of his house property to party B, the two sides reached the following agreement:
 
1．Location of Party B’s house property: Dongxing Science and Technology Building, No.1 Xin Ke Road in xi’an city. areas: 1600㎡. State: full-decoration office building.
 
2．the house property which Party A lends to Party B is limited to meet Party B’s business needs which caused by removing its sales and management departments from the factory location to xi’an and Party
B’s fast-growing market networking needs. Party B has no right to change the use and structure of the Party A’s house property.
 
3. Time Limit: January 1, 2007 to December 31, 2011.
 
4, Costs Agreement: free of charge for five years.
 
Party A
 
By: /s Zhao Dongke
Zhao Dongke
 
Party B
By: /s Zheng Liming
 Zheng Liming
 
Seal: Yangling Dongke Maidisen Pharmaceutical Co., Ltd
 
 Signing Date: December 26, 2006