Loan Agreement

EX-10.9 4 ex109.htm 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.