Loan Agreement between SHEN, Zhoufeng and Shanghai Vomart Auto Parts Co., Ltd., Nanjing Branch
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Summary
This agreement is between SHEN, Zhoufeng (the lender) and Shanghai Vomart Auto Parts Co., Ltd., Nanjing Branch (the borrower). The lender is providing an interest-free loan of RMB 352,823.80 to the borrower, which must be fully repaid within two years from the signing date. The agreement becomes effective once both parties sign and will end automatically when the loan is repaid. Each party keeps a signed copy of the agreement.
EX-10.6 15 v210969_ex10-6.htm
Loan Agreement
Lender: SHEN, Zhoufeng
Borrower: Shanghai Vomart Auto Parts Co., Ltd., Nanjing Branch
| | 1 | Loan amount: RMB 352,823.80. This loan is interest-free. |
| | 2 | Term of Repayment: the loan amount shall be paid off within two years from the date of signing this Agreement. |
This Agreement shall take effect after being signed or sealed by both parties. It shall expire automatically upon being paid off by the borrower.
This Agreement is in duplicate. One for the lender and one for the borrower.
| Lender (seal): SHEN, Zhoufeng | Borrower (seal): | Shanghai Vomart Auto Parts Co. Ltd., Nanjing Branch |
| Date: May 1, 2009 | Date: May 1, 2009 | |
