Repayment Deferral Agreement between Guangjian Zhu and Pingdingshan Hengji Concrete Co., Ltd. dated June 30, 2013
This agreement is between Guangjian Zhu and Pingdingshan Hengji Concrete Co., Ltd. It states that Guangjian Zhu will not require repayment of any amounts owed by the company before or after the agreement's signing, up to December 31, 2015. After that date, the company must repay the amounts as requested by Guangjian Zhu. Each party keeps a signed copy of the agreement.
Exhibit 10.25(a)
Agreement
Party A: Guangjian Zhu
Party B: Pingdingshan Hengji Concrete Co., Ltd.
Party A and Party B agree as follows through negotiation:
1. Prior to December 31, 2015, Party A shall not require Party B to repay any amount owed to Party A prior to the execution of this agreement, or amount owing to Party A from the execution of this agreement to December 31, 2015;
2. After December 31, 2015, Party B shall repay 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/ Guangjian Zhu |
[Stamp] |
| June 30, 2013 | June 30, 2013 |
