Loan Agreement
Exhibit
10.12
Party A:
Guangdong Qingyuan Development Zone Hospital
Party B:
Guangzhou Dongfang Hospital
In
consideration of the related relationship, Party A and Party B agree as
follows:
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1.
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To
support Party B’s development and expansion, Party A and Party B agree
that Party A provides Party B with a loan of RMB1,012,187.13 yuan (one
million twelve thousand one hundred eighty seven yuan thirteen-three
cents) during 2008 for the purpose of operative turnover of Party B. In
consideration of the related relationship, The loan in such period shall
be interest-free, and paid by Party B in installments in a payment period
of three years from Dec. 30 2008 to Dec. 31. 2011.
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2.
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Party
A and Party B agree that Party A provide Party B with a maximum of loan
of RMB1,378,188.08 yuan (one million three hundred seventy
eight thousand one hundred eighty eight yuan eight cents) during 2009 for
the purpose of operative turnover of Party B. In consideration of the
related relationship, The loan in such period shall be interest-free, and
paid by Party B in installments in a payment period of three years from
Dec. 30 2009 to Dec. 31. 2012.
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| 3. | The effective date of this agreement is Jan., 1, 2008. |
| Party A: Guangdong Qingyuan Development Zone Hospital (seal) |
Party
B: Guangzhou Dongfang Hospital (seal)
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| Authorized representative: |
Authorized
representative:
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/s/
Xx Xxxxxxxx
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/s/
Ma Yong
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