Repayment Deferral Agreement between Yulong Zhu and Pingdingshan Xulong Renewable Resource Co., Ltd. dated June 30, 2013
This agreement is between Yulong Zhu and Pingdingshan Xulong Renewable Resource Co., Ltd. It states that the company does not have to repay any debts owed to Yulong Zhu before or during the period up to December 31, 2015. After that date, the company must repay the debts as requested by Yulong Zhu. The agreement is effective from June 30, 2013, and each party holds a signed copy.
Exhibit 10.28(d)
Agreement
Party A: Yulong Zhu
Party B: Pingdingshan Xulong Renewable Resource 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 |
