Party A: Yulong Zhu
Party B: Pingdingshan Xulong Renewable Resource Co., Ltd.
Party A and Party B agree as follows through negotiation:
1. Prior to December 31, 2015, Party A shall not require Party B to repay any amount owed to Party A prior to the execution of this agreement, or amount owing to Party A from the execution of this agreement to December 31, 2015;
2. After December 31, 2015, Party B shall repay as required by Party A.
This agreement shall be in two duplicates, and each of Party A and Party B shall hold one duplicate.
|Party A: (signature)||Party B: (signature/stamp)|
/s/ Yulong Zhu
|June 30, 2013||June 30, 2013|