0001121781-05-000016 Sample Contracts

Agreement of Mortgage of Maximum Amount for Real Estate
Axm Pharma Inc • January 24th, 2005 • Pharmaceutical preparations

Whereas AXM Pharma (Shenyang) Inc. (hereinafter “borrower”) and the mortgagee (the lender) signed a series of loan agreements (hereinafter “loan agreements”) according to the term and the amount of creditor’s right in clause 2.1 under the agreement. In order to ensure the implementation of the creditor’s right, the mortgagor would take the following property as mortgaged property and entitle the mortgagee to have priority in satisfying his claim. After negotiation on equal basis, the following agreement was reached by both parties to abide by.

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Short-term loan agreement of Shanghai Pudong Development Bank
Loan Agreement • January 24th, 2005 • Axm Pharma Inc • Pharmaceutical preparations

Whereas the borrower proposes short-term loan to the lender, as per related law, regulations and rules of P.R.C., the following agreement was reached by both parties to abide by.

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