English Summary Translation Loan Agreement
Exhibit
10.29
English
Summary Translation
Lender(Party
A): Xxxxxxx Xxx
Borrower
(Party B): Changchun Yongxin Dirui Medical Co., Ltd.
Party A
and Party B hereby enter into the following agreement:
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1.
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Loan
amount: RMB 9,000,000
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2.
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Term
of loan: three years, from January 25, 2008 to January 24, 2011. No
interest.
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3.
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Party
B guarantees that Party B will repay the loan within the time period
prescribed in this Agreement.
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4.
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If
Party B fails to repay the loan within the time period prescribed in this
Agreement, Party A shall have the right to seek repayment according to
law.
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5.
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The
parties may enter into supplemental agreement for any unsettled
matters.
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6.
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The
supplement agreement shall have the same effective as this
Agreement.
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7.
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This
Agreement is executed into two duplicates. Each party shall hold one
duplicate.
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Lender
(Party A): Xxxxxxx Xxx
Borrower
(Party B): Changchun Yongxin Dirui Medical Co., Ltd.
Date:
January 25, 2008
