Henan Law Anhou Insurance Agency Limited Liability CompanyChina United Insurance Service, Inc. • November 14th, 2011 • Life insurance
In accordance with Company Law of the People’s Republic of China, Insurance Law of the People’s Republic of China, Regulations Governing Insurance Agencies, relevant laws and regulations, abiding by principles of legality, fairness, equality, voluntariness, unanimity through consultation, honesty and credibility, Party A and Party B shall reach following agreements:
Debt Waiver AgreementWaiver Agreement • November 14th, 2011 • China United Insurance Service, Inc. • Life insurance
Party A continually loan to Party B for the purpose of operation and development of Party B with a grand total of RMB:6,210,250 as of March, 31, 2011. Due to the subsequent merger of enterprises, and through friendly consultation by both Parties, Party A and Party B reach following agreements:
Creditor's Right Subrogation Agreement'S Right Subrogation Agreement • November 14th, 2011 • China United Insurance Service, Inc. • Life insurance
Henan Law Anhou Insurance Agency Co., Ltd. owed Party A RMB: 3,370,000 (hereinafter referred as “Creditor's Right”) in total as of March, 31, 2011. Party A agrees to assign all Creditor's Right to Party B at par. Party B agrees to purchase Creditor's Right at par. And Henan Law Anhou Insurance Agency Co., Ltd has been duly informed of this Creditor's Right subrogation.
