Loan-Agreement(贷款协议).docVIP

LOAN AGREEMENT This Loan Agreement (the “Agreement”) is entered into as of , 2009 by the following parties. Party A: AAA(“Party A”), Party B: 王** （ID: WHEREAS, Party A is a wholly foreign-owned enterprise incorporated in the People’s Republic of China (the “PRC”); Party B is the citizens of the PRC who intends to hold or has held fifty percent (50%) of the equity interests of CCC(“Company”); Party A agrees to provide an interest-free loan RMB150,000 to Party B (the “Borrower”), solely for the Borrower to 50% share equity of Company. NOW THEREFORE, All parties agree as follows: Principal of the Loan. Party A agrees to provide a loan to the Borrower with the principal as RMB150,000 in accordance with the terms and conditions set forth in this Agreement. Borrower shall only use their loans solely to purchase 50% share equity of Company. Party B hereby acknowledges and confirms that the full amount of the principal of the loan had already been provided by Party A to the Borrower. Undertakings of the Borrower. Borrower shall use the total amount of the Loan solely purchase 50% share equity of Company. Term. The term of such loan starts from the date that Borrower received the loan until twenty (20) years after signing this Agreement and could be extended upon the written agreement of the parties through negotiations. During the term or extended term of such a loan, Party A may accelerate the loan repayment, if any of the following events occurs: Any of the Borrower quits or is dismissed by Party A or its affiliates; Any of the Borrower dies or becomes a person without capacity or with limited capacity for civil acts; Any of the Borrower commits a crime or is involved in a crime; Party A has given a written notice to the Borrower and exercised its right of purchase in accordance with the terms under the Exclusive Equity Purchase Option Agreement speculated in Article 4 of this agreement. Without Party A’s prior written consent,