EXTENSION OF TERMS OF LOAN AGREEMENTExtension of Terms of Loan Agreement • April 27th, 2016 • Royal Country Club & Recreation Holdings, Inc. • Services-membership sports & recreation clubs
Contract Type FiledApril 27th, 2016 Company IndustryTHIS EXTENSION OF TERMS OF LOAN AGREEMENT (“Extension”) is entered into and executed in duplicate effective this 5th day of March, 2016 (the “Renewal Date”), by and between The Royal Country Club and Recreation Holdings, Inc., a Nevada corporation (the “Lender”); Yao-Teh International Development Co., Ltd., a Taiwanese corporation (the “Borrower”); and Fun-Ming Lo (the “Guarantor”).