Loan Agreement Certification
Exhibit 10.3
Loan Agreement Certification
(1) Loan Amount | 50,000,000 JPY |
(2) Use | Long-term Working Capital |
(3) Due Date | 2021/6/30 |
(4) Repayment | The 1st repayment is on 2016/8/31. After the day, repayment will be made on the last day of each month with 840,000 JPY installments and the balance will be paid off by the deadline. |
(5) Rate | 1.10% per year |
(6) Interest Payment Method and Period | After July 31, 2016 as the first payment, the previous month's payment will be deferred on the last day of every month. |
(7) Interest Rate when Conditions are Violated | 2.00% per year |
(8) Other Contract Terms |
June 30, 2021
Address: 0-0-0, Xxx-Xxx, Xxxxxx-Xx, Xxxxx
The Bank: Japan Finance Corporation
41-1, Senzunakacho, Xxxxxx-xx, Xxxxx,
Senzun Branch.
Manager
Small and medium-sized enterprise business supervisor: /s/ Xxxxx Xxxxxxxx
Representative Director: /s/ Xxx Xxxxxxxx