Sunvalley Solar Inc.Private Loan Agreement • April 16th, 2013 • Sunvalley Solar, Inc. • Heavy construction other than bldg const - contractors
Due to the rapid business development, the Company needs funds for operation and inventory purchase. The Board of Directors authorize James Zhang (CEO/Chairman) on behalf of the Company, to sign a short term loan agreement with Hangbo Yu (Shareholder/General Manager). The loan amount is $90,000. The start day will be the day that $90,000 is transferred to the Company's account. The annual interest for this short-term loan is $6.50% and the term of this loan should be less than a year.
SECOND AMENDMENTLease Agreement • April 16th, 2013 • Sunvalley Solar, Inc. • Heavy construction other than bldg const - contractors
THIS SECOND AMENDMENT (this "Amendment") is made and entered into as of November 1, 2012, by and between WALNUT TECH BUSINESS CENTER, LLC, a Delaware limited liability company (“landlord"), and SUN VALLEY SOLAR, INC., a Nevada corporation ("Tenant").
Sunvalley Solar Inc.Private Loan Agreement • April 16th, 2013 • Sunvalley Solar, Inc. • Heavy construction other than bldg const - contractors
Due to the rapid business development, the Company needs funds for operation and inventory purchase. The Board of Directors authorize James Zhang (CEO/Chairman) on behalf of the Company, to sign a short term loan agreement with Hangbo Yu (Shareholder/General Manager). The loan amount is $20,000. The start day will be the day that $20,000 is transferred to the Company's account The annual interest for this short-term loan is $6.50% and the term of this loan should be less than a year.
Sunvalley Solar Inc.Private Loan Agreement • April 16th, 2013 • Sunvalley Solar, Inc. • Heavy construction other than bldg const - contractors
Due to the rapid business development; the Company needs funds for operation and inventory purchase. The Board of Directors authorize Hangbo Yu (General Manager), on behalf of the Company, to sign a short term loan agreement with James Zhang (shareholder/CEO). The loan amount is $50,000. The start day will be the day that $50,000 is transferred to the Company's account. The annual interest for this short-term loan is $6.50% and the term of this loan should be less than a year.
