Fifth Season International, Inc. - FORM 8-K/A - EX-10.13 - EXHIBIT 10.13 - June 17, 2011

Attached files
FileFilename
8-K/A - FORM 8-K/A - Fifth Season International, Inc.form8ka.htm
EX-21 - EXHIBIT 21 - Fifth Season International, Inc.exhibit21.htm
EX-3.2 - EXHIBIT 3.2 - Fifth Season International, Inc.exhibit3-2.htm
EX-10.7 - EXHIBIT 10.7 - Fifth Season International, Inc.exhibit10-7.htm
EX-10.5 - EXHIBIT 10.5 - Fifth Season International, Inc.exhibit10-5.htm
EX-10.3 - EXHIBIT 10.3 - Fifth Season International, Inc.exhibit10-3.htm
EX-10.2 - EXHIBIT 10.2 - Fifth Season International, Inc.exhibit10-2.htm
EX-10.6 - EXHIBIT 10.6 - Fifth Season International, Inc.exhibit10-6.htm
EX-10.9 - EXHIBIT 10.9 - Fifth Season International, Inc.exhibit10-9.htm
EX-10.4 - EXHIBIT 10.4 - Fifth Season International, Inc.exhibit10-4.htm
EX-10.16 - EXHIBIT 10.16 - Fifth Season International, Inc.exhibit10-16.htm
EX-10.11 - EXHIBIT 10.11 - Fifth Season International, Inc.exhibit10-11.htm
EX-10.14 - EXHIBIT 10.14 - Fifth Season International, Inc.exhibit10-14.htm
EX-10.18 - EXHIBIT 10.18 - Fifth Season International, Inc.exhibit10-18.htm
EX-10.15 - EXHIBIT 10.15 - Fifth Season International, Inc.exhibit10-15.htm
EX-10.12 - EXHIBIT 10.12 - Fifth Season International, Inc.exhibit10-12.htm
EX-10.25 - EXHIBIT 10.25 - Fifth Season International, Inc.exhibit10-25.htm
EX-10.21 - EXHIBIT 10.21 - Fifth Season International, Inc.exhibit10-21.htm
EX-10.19 - EXHIBIT 10.19 - Fifth Season International, Inc.exhibit10-19.htm
EX-10.22 - EXHIBIT 10.22 - Fifth Season International, Inc.exhibit10-22.htm
EX-10.29 - EXHIBIT 10.29 - Fifth Season International, Inc.exhibit10-29.htm
EX-10.10 - EXHIBIT 10.10 - Fifth Season International, Inc.exhibit10-10.htm
EX-10.17 - EXHIBIT 10.17 - Fifth Season International, Inc.exhibit10-17.htm
EX-10.28 - EXHIBIT 10.28 - Fifth Season International, Inc.exhibit10-28.htm
EX-10.26 - EXHIBIT 10.26 - Fifth Season International, Inc.exhibit10-26.htm
EX-10.23 - EXHIBIT 10.23 - Fifth Season International, Inc.exhibit10-23.htm
EX-10.24 - EXHIBIT 10.24 - Fifth Season International, Inc.exhibit10-24.htm
EX-10.27 - EXHIBIT 10.27 - Fifth Season International, Inc.exhibit10-27.htm
EX-10.20 - EXHIBIT 10.20 - Fifth Season International, Inc.exhibit10-20.htm

Exhibit 10.13 

Loan Agreement

Main contents:

  • Contract No.: nil
  • Loan Amount (RMB): 4.25 million USD
  • Purpose of the Loan: purchase of property of Boshan, Shandong
  • Contract Term: from March 1, 2011 to March 1, 2013
  • Interest Rate:
  • The annual interest rate is 12%;
  • Penalty interest for embezzlement: 20% of the loan per day.
  • Rights and Obligations of the Lender:
  • Lender shall disburse the loan in a timely manner pursuant to the agreement.
  • Lender shall execute the mortgage or security right in case of breach of contract of the Company.

  • Rights and obligations of the Borrower:

  • Borrower is entitled to obtain and use the loan pursuant to the agreement.
  • Borrower shall return the principal and interests timely. Borrower can extend the term of the loan when getting the consent of Lender pursuant to the agreement.
  • Consent of Lender should be obtained when any of the Borrower’s major assets for a third party is possible to be detrimental to Borrower’s capability of repayment under the agreement.
  • Borrower guarantee all of its statement is true and accurate
  • Borrower bears the relevant fees under the agreement.
  • Prepayment of the Loan:

Lender’s consent should be obtained if Borrower is willing to prepay the loan in advance. The interest rate of prepayment shall accord with the agreement.

  • Liabilities of Breach of Contract:

Penalty interest for embezzlement of 20% of the loan per day shall be imposed on the Company in case of the Company ’s breach of contract etc.

Headlines of the articles omitted

  • Dispute settlement
  • Effectiveness
  • Attention
  • Miscellaneous

Signature Page

Party A (Lender): Shaoping Lu
By: /s/ Shaoping Lu
Date: March 31, 2011

Party B (Borrower): Hong Kong the Fifth Season International Limited
By: /seal/ Hong Kong the Fifth Season International Limited
Date: March 31, 2011

Party C (Guarantor): Lianmo Wu
By: /s/ Lianmo Wu
Date: March 31, 2011

Party C (Guarantor): Zhucheng Zhang
By: /s/Zhucheng Zhang
Date: March 31, 2011

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