Loan Agreement Extension between Merion, Inc. and Lender (March 21, 2019)
Merion, Inc. and an unnamed lender have agreed to convert a previous short-term loan into a long-term loan with a five-year term. The interest rate on the loan remains the same as originally agreed. This change is effective as of the date the agreement is signed. The agreement is signed by Merion, Inc.'s CEO, Dinghua Wang, and the lender.
EXHIBIT 10.1
_________: | 短期借款转长期借款借条 |
Loan agreement from short term to long term
因 Merion Inc. 公司需要资金周转 ,曾于____年__月__日向___________先生/女士借款现金$____________美元整, 此借款年利率为__%。
For the working capital turnover, Merion, Inc. had borrowed USD$_________ from _________ on ____________, and the annual interest rate was __%.
现在本人__________同意将短期借款转为5年期的长期借款,5年期限从本次签字之日起计算。利息保持不变。
Now I, __________ agree to change the short-term loan to 5 years long-term loan, which is effective upon the date this agreement is signed. Interest rate remains unchanged.
出借方签字:_______________________
出借方姓名:______________________
Lender Signature: ____________________
Lender Name: _______________________
借款方(Borrower): Merion, Inc.
Signature: __________________________
Name: Dinghua Wang/ CEO
March 21, 2019