LOANAGREEMENT

EX-10.6 8 ex10_6.htm EXHIBIT 10.6 ex10_6.htm
Exhibit 10.6
 
LOAN AGREEMENT
 
This LOAN AGREEMENT ("Agreement"), is made on _______________


BETWEEN
Wen Mei Tu of ___________________
 
(hereinafter the "Lender"),
   
AND
Zhen Ding Resources Inc. of Suit e 2 0 5, 353 St. N icolas,
 
Montreal, Quebec. H2Y 2P1 Canada (hereinafter the "borrower")
   
WHEREAS,
Zhen Ding Resources Inc. is in need of additional financing,
   
WHEREAS,
the Lender is prepared to advance such funds
 
NOW, THEREFORE, the parties hereto agree as follows:
 
ARTICLE 1:  DEFINITIONS
 
!n this Agreement, unless the context otherwise requires:
 
1.1   Currency - All currencies are expressed in the United States of America dollars.

ARTICLE 2:       TERMS & CONDITIONS
 
2.1
The Lender agrees to !end  a total sum of $___________ to be paid over to the Company within three days of the signing of this Agreement (the “loan”).
 
2.2
The  Loan shall  bear  an interest  rate of  1% per  month,  calculated  monthly  and non­-compounded.
 
2.3
The principal and interest shaU be due and payable on ___________________.
 
2.4
The Borrower is guaranteed the loan & interest personally or the company asset
 
2.5
The parties have agreed to draw up this Agreement in the English language. Les parties ont convenu que le present contrat soit ecrit en ang!ais.

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed by their duly authorized representatives on date as given above.

 
Lender
 
Borrower
     
     
Wen Mei Tu
 
Zhen Ding Resources Inc.