Repayment Deferral Agreement between Yulong Zhu and Henan Jianyida Industrial Co., Ltd. dated June 30, 2013
This agreement is between Yulong Zhu and Henan Jianyida Industrial Co., Ltd. It states that Henan Jianyida does not have to repay any debts owed to Yulong Zhu before or during the period up to December 31, 2015. After that date, repayment must be made as requested by Yulong Zhu. Each party keeps a signed copy of the agreement.
Exhibit 10.28(a)
Agreement
Party A: Yulong 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/ Yulong Zhu |
[Stamp] |
| June 30, 2013 | June 30, 2013 |
