Agreement

EX-10.24(B) 6 fs12015a1ex10xxivb_yulong.htm ENGLISH TRANSLATION OF AGREEMENT BETWEEN YINGTAO MIAO AND YULONG CONCRETE DATED DECEMBER 31, 2014

Exhibit 10.24(b)

 

Agreement

 

Party A:         Yingtao Miao

 

Party B:          Pingdingshan Hengji Concrete Co., Ltd.

 

Party A and Party B agree as follows through negotiation:

 

1.         Prior to December 31, 2016, Party A shall not require Party B to pay any of the dividend declared by Party B prior to the execution of this agreement in the amount of RMB 3,330,758.63;

 

2.         After December 31, 2016, Party B shall pay as required by Party A.

 

This agreement shall be in two duplicates, and each of Party A and Party B shall hold one duplicate.

 

Party A: (signature) Party B: (signature/stamp)

 

/s/ Yingtao Miao

 

[Stamp]

   
December 31, 2014 December 31, 2014