Debt Transfer Agreement
Exhibit 10.8
Party A (new debtor): XXXXX XXX XXX
Party B (original debtor): TANG CHI AN
Party C (creditor): Cordyceps Sunshine Biotech Holdings Co., Ltd.
To the “Loan Contract” signed by Party B and Party C on August 19, 2020, the amount owed by Party B to Party C is:
The matter of USD 146,040 has been negotiated and reached an agreement by Party A, Party C, Party C and other parties on an equal basis and voluntarily:
1. For this debt, Party A (XXXXX XXX XXX) shall undertake all the repayment matters of this contract on behalf of Party B ( TANG CHI AN);
2. Party C promises to extend the repayment time of Party A to August 31, 2023;
3. This agreement will come into effect after Party A, Party B and Party C sign and seal.
4. This agreement is in triplicate, each of the three parties holds one copy.
Party A (signature ):
Party B (signature):
Party C (signature):
August 29, 2021
Loan Contract
Borrower (Party A): TANG CHI AN
Lender (Party B): Cordyceps Sunshine Biotech Holdings Co., Ltd.
Party A borrows USD 146,040 from Party B for personal matters,
Borrowing period: 2020/8/19 to 2021/8/30, the loan is a temporary loan, after the two parties
It is agreed through negotiation that the clause is interest-free and will be settled once due.
Party A asks Party B to pay to the following account designated by Party A:
Company Name:TANG CHI AN
Account Bank: Taiwan Shin Kong Commercial Bank Co., Led., Hong Kong Branch
Account: 6017-11-003535-4
Follow-up matters related to the above-mentioned loans shall be resolved by mutual agreement between the two parties.
To take necessary legal measures, the above loan shall be signed by both parties, Party A shall receive the loan from Party B. contract takes effect from the day the payment is received .
Borrower (signature or stamp):
Lender (signature or stamp):
August 19, 2020
