Debt Waiver Agreement
Party A: LI, FU-CHANG
Party B: Henan Law Anhou Insurance Agency Co., Ltd.
Party A continually loan to Party B for the purpose of operation and development of Party B with a grand total of RMB:6,210,250 as of March, 31, 2011. Due to the subsequent merger of enterprises, and through friendly consultation by both Parties, Party A and Party B reach following agreements:
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1.
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Party A hereby covenant to waive his claim to the creditor's rights;
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2.
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Debt Waiver hereof is unpaid and without consideration, Party A shall not ask for any price or cost from Party B;
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3.
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This Debt Waiver Agreement has obtained all authorizations and approvals by both party and relevant internal authority.
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Party A: LI, FU-CHANG
(Signed by):
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Party B (Sealed by): Henan Law Anhou Insurance Agency Co., Ltd.
(Sealed by):
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Date: March 31st, 2011
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Date: March 31st, 2011
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