Loan Agreement
Signing
Place: Xi’an City
Party
A:
Shaanxi Tianren Organic Food Co., Ltd.
Party
B:
Shaanxi Hede Venture Capital Management Co., Ltd.
Accordance
with the principle of honesty, mutual trust, making compensation for equal
value, after consistently consulted with each other, the parties hereto agree
and are compliant with that:
|
1.
|
After
friendly consultation with each other, Party A agrees to lend Party
B RMB
Seven
million.
|
|
2.
|
Term
of Loan: from June 6, 2007 to June 5,
2008.
|
|
3.
|
Party
B guarantees to pay off the whole loan within three business days
after
the loan is due.
|
|
4.
|
Others
not stated herein should be resolved through consultation between
both
parties. If negotiation is unable to resolve, litigate to the jurisdiction
of the People’s Court, which is located in the place where the agreement
is signed.
|
|
5.
|
This
agreement is promptly effective since both parties sign and seal
on it.
This agreement is one form, two copies, with each party holds
one.
|
|
Party
A (sealed): Shaanxi Tianren Organic
|
Party
B (Sealed): Shaanxi Hede Venture Capital
|
|
|
Food
Co., Ltd.
|
Management
Co., Ltd.
|
|
|
Trustee
of Party A (Signature): Xue Hongke
|
Trustee
of Party B (Signature): Xxxxx Xxxx
|
|
|
|
||
|
June
5, 2007
|
June
5, 2007
|
