Loan Agreement

Contract Categories: Business Finance - Loan Agreements
EX-10.36 53 futureed_s1-ex1036.htm LOAN AGREEMENT

Exhibit 10.36

 

Loan Agreement

 

Agreement no.:001

 

Party A:Beijing Zhongtulian Culture & Education Development Centre

 

Party B:Jianlian Li

 

ID Card no.:441227197103107528

 

一、Terms Agreed
1.Party A obtains a loan of RMB10,000,000 from Party B for one year for Party A’s business development.
2.Party B agrees to offer the above mentioned amount of loan to Party A, and to transfer the amount of loan to the following account designated by Party A within five days from the date of signature of this agreement.

 

Bank name:Beijing Shilihe Sub-branch, Industrial and Commercial Bank of China

 

Account name: Beijing Zhongtulian Culture & Education Development Centre

 

Account no.:0200049419200119632

 

3.Party A promises to repay the above mentioned amount of loan with corresponding interest to Party B in one year from the date of signature of this agreement. The annual interest rate of loan under this agreement is 10%.
4.Party A will not pay the interest to Party B in the event of repayment in advance by Party B before the expiration date of this agreement.
二、Term of validity

 

This agreement will come into effect upon signature by both Parties, and is valid for one year.

 

三、Documentations

 

This agreement is done in duplicate, and each Party holds one.

 

四、Governing laws and dispute settlement

 

This agreement is subject to the laws of People’s Republic of China, and any disputes relating to this agreement can be submitted by any Party to South China International Economic and Trade Arbitration Commission for arbitration according to its rules of arbitration.

 

 

 
 

 

Agreement Signature Page

 

Party A:Beijing Zhongtulian Culture & Education Development Centre

 

Representative signature & Stamp: /s/ Ren Xiaoheng

 

Date:

 

 

 

 

 

Party B:Jianlian Li

 

Signature & Stamp:/s/ Jianlian Li

 

Date:January 6, 2014

 

 

 

This is to confirm the extension of the maturity date of the RMB10 million loaned to Beijing Zhongtulian Culture and Education Development Center to December 31, 2015. Other terms of the original agreement remains effective until the loan was paid off.

 

兹证明本人借给北京中图联文化教育开发中心的1000万元人民币的到期日已延后至2015年12月31日。原合同内的其它条款不变。

 

债权人:

 

/s/ Jinlian Li

Jinlian Li 李金莲

2014. 12. 31