Promissory Note
EXHIBIT 10.3
Contracting party: Success Holding Group Corp. USA._
(hereinafter referred to as Party A)
Success Entertainment Group Inc.
(hereinafter referred to as Party B)
WHEREAS both parties issue the Promissory Note follow by the loan’s terms & condition:
I. Party A is agree to loan one million two hundred thousand dollars to Party B a t the time to issue this covenant.
II. The covenant is Interest-free from August 28th, 2014 to August 27th, 2016 end.
III. Part B shall start the payment of 100,000 dollars from 2015 on the 30th of every month until paid off the loan.
IIII. The period fails to repay, Party B will pay an annual interest rate of 3% .
Contracting Party A: Success Holding Group Corp. USA
Loaner Signature:
Date: August 28th, 2014
Contracting Party B: Success Entertainment Group Inc
Borrower Signature:
Date: August 28th, 2014
