Repayment Deferral Agreement between Hu Zhu and Henan Jianyida Industrial Co., Ltd. dated June 30, 2013
This agreement is between Hu Zhu and Henan Jianyida Industrial Co., Ltd. It states that Henan Jianyida does not have to repay any debts owed to Hu Zhu before or after the agreement is signed, up until December 31, 2015. After that date, Hu Zhu can require repayment as needed. Each party keeps a signed copy of the agreement.
Exhibit 10.26(a)
Agreement
Party A: Hu Zhu
Party B: Henan Jianyida Industrial 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/ Hu Zhu |
[Stamp] |
| June 30, 2013 | June 30, 2013 |
