Loan Agreement
Exhibit 10.9
Loan Agreement
The Creditor: Fusako Takahama
The Debtor: Kinbasha co.,ltd.
Section 1
The Creditor lend 15,000,000 yen to The Debtor today.
Section 2
The Debtor shall repay the loan by February 28, 2014. The loan shall be repaid in full. However, The Debtor may repay the loan or any part thereof early.
Section 3
The loan shall carry an interest rate of 1% per month.
Section 4
When The Creditor lost the benefit of time, The Debtor owe penalty interest of 14% per annum to the remaining due until paid off the loan.
Section 5
When an issue other than this agreement states occur, both parties dissolve the issue with integrity.
Agreed date: February 25, 2013
Signature
The Creditor: 3-8-1 Benten-cho Hitachi city, Ibaraki
Fusako Takahama
The Debtor: 2-1-10 Saiwai-cho Hitachi city, Ibaraki
Kinbahsa co.,ltd.