Gold Dragon Enterprises Inc. - FORM S-1/A - EX-10.2 - SUMMARY OF AGREEMENT WITH YUAN KUN DENG. - February 25, 2010

Attached files

file filename
S-1/A - GOLD DRAGON ENTERPRISES INC. FORM S-1/A-1 FILED FEBRUARY 25, 2010. - Gold Dragon Enterprises Inc.gdeis1a1.htm
EX-4.1 - SPECIMEN STOCK CERTIFICATE. - Gold Dragon Enterprises Inc.exh41.htm
EX-10.1 - GOLDEN KNIGHT LODE MINING CLAIM. - Gold Dragon Enterprises Inc.exh101.htm

Exhibit 10.2






SUMMARY OF ORAL AGREEMENT WITH YUAN KUN DENG


Golden Dragon Enterprises Inc. (the “Company”) has an oral agreement with its sole officer, director, and shareholder, Yuan Kun Deng (“Deng”) whereby Deng will advance funds as need until the public offering is completed or fails.  The agreement between the Company and Deng is that no interest will be charged on the amounts advanced and the Company only has to repay the amount when it has sufficient funds to do so.