Loan #1 Agreement
Exhibit 4.1
This loan
agreement (“Loan Number 1”) was entered between Alpine Venture Associates, LLC
(“the Lender’) and Asia
Private Equity SPAC 1, Limited (“the Borrower”)
on 26th day
of August 2009 . The terms of the agreement were as
follows:
Amount
borrowed: $7,726 (Seven Thousand Seven Hundred Twenty Six
Dollars)
Interest
rate: zero
Repayment
date: August 26th,
2012 without any prepayment penalty
Purpose
of loan: working capital and business expansion
(BVI-HK legal xxxx HKD 13,360 equivalent to USD $1726 pd 6/3/09, future
estimated expenses: USA Accounting $900, USA Audit $3,000, USA Legal
$1,000, RDG Filings $250) (AVA
checking $6k loan to A SPAC 1) leaving a balance of $850
Signed:
____________________________________________
Asia
Private Equity SPAC 1, Limited
_____________________________________________
Alpine
Venture Associates, LLC or Xxxxxx Xxxxx Xxxx
