Loan Agreement (English Translation)
Exhibit 10.1
(English Translation)
| Lender (Party A): | China Minsheng Banking Corp., Ltd. |
| Borrower (Party B): | Forlink Software Corporation, Inc. |
The lender (Party A) and borrower (Party B) are entering into this loan agreement providing for a loan from Party A to Party B on the following terms which have been reached through negotiation:
(1) Principal Amount: Party B will borrow RMB 2,000,000 from Party A.
(2) Term: The term of the loan shall be one year, commencing from the day following funding of the loan by Party A, from June 4, 2012 to June 4, 2013. Within the term, interest will be charged on the principal amount borrowed based on the applicable bank short-term interest rate of 8.528%. Interest will be due and payable monthly on the 20th day from July 2012 to May 2013; the last interest will be due and pay together with the principal amount, on the maturity date of June 4, 2013.
(3) Guarantee: Party B must repay the principal and accrued interest under the loan to Party A on the due date. Penalty interest shall accrue to Party A if repayment is not made on or before the above agreed maturity date.
(4) Penalty interest: If (Party B) fails to repay the loan when due, the interest shall accrue thereafter at an annual rate which is double the original interest rate above.
(5) Additional Obligations: If Party B fails to repay the loan to Party A when due, Party A shall have the right to collect, and enforce any of its other legal rights as a creditor, under applicable PRC law.
(6) For any matters relating to this agreement that are not contained in this agreement, Party A and Party B agree to execute one or more further supplementary agreements after a negotiation between the parties.
(7) Upon execution by both parties, each supplementary agreement shall have the same legal force and effect as this agreement.
(8) This agreement is executed in two counterparts, and each of Party A and Party B will keep one copy.
| Party A: | China Minsheng Banking Corp., Ltd. [Corporate Seal] |
| Party B: | Forlink Software Corporation, Inc. [Corporate Seal] |
