FUNDING AGREEMENT
EXHIBIT 10.3
This Funding Agreement (the "Agreement") made as of March 21, 2011 by and between Joko Toshikazu ("Lender") and NSJ-US Co., Ltd., a Nevada company ("Company").
The Company requires and will continue to require funding for the Company for its operations and for the Company’s going and staying public in the U.S., including but not limited to legal, accounting, XXXXX, filing, corporate and other fees and expenses (the “Funding”). Lender hereby agrees to provide all Funding needed by the Company for its operations and for the Company’s going and staying public in the U.S. on the terms and conditions set forth herein.
The term of this Agreement began as of the date of this Agreement and shall terminate when the Company generates operating revenues or receives other financing in amounts necessary to fund its operations and for the Company’s going and staying public in the U.S., including but not limited to legal, accounting, XXXXX, filing, corporate and other fees and expenses.
The Funding will be provided by Lender on a non-interest bearing basis due upon demand. There is no limit on the amount of Funding which must be provided under the Agreement, and Lender agrees to provide all needed Funding. Lender further represents that he has sufficient liquid assets to meet all of Funding obligations under the Agreement.
1
4. MISCELLANEOUS
Modification: This Agreement sets forth the entire understanding of the Parties with respect to the subject matter hereof, and may be amended only in a writing signed by both parties.
/s/ Joko Toshikazu
Joko Toshikazu
NSJ-US Co., Ltd., a Nevada corporation
By: /s/ Joko Toshikazu
Joko Toshikazu,
Chairman of Board
2