Attached files
| file | filename |
|---|---|
| EX-31.1 - EXHIBIT 31.1 - CHINA JO-JO DRUGSTORES, INC. | a6343246ex311.htm |
| EX-32.1 - EXHIBIT 32.1 - CHINA JO-JO DRUGSTORES, INC. | a6343246ex321.htm |
| EX-99.4 - EXHIBIT 99.4 - CHINA JO-JO DRUGSTORES, INC. | a6343246ex994.htm |
| EX-31.2 - EXHIBIT 31.2 - CHINA JO-JO DRUGSTORES, INC. | a6343246ex312.htm |
| EX-32.2 - EXHIBIT 32.2 - CHINA JO-JO DRUGSTORES, INC. | a6343246ex322.htm |
| 10-K - CHINA JO-JO DRUGSTORES, INC. 10-K - CHINA JO-JO DRUGSTORES, INC. | a6343246.htm |
Exhibit 99.5
(English Translation)
SECURITY DEPOSIT AGREEMENT
Party A: The People’s Government of Qianhong Village, Lin’an, Zhejiang Province (“Party A”)
Party B: Hangzhou Jiuzhou Grand Pharmacy Chain Co., Ltd. (“Party B”)
Party A and Party B enter into the following agreement pursuant to relevant laws and regulations on land administration in the People’s Republic of China:
|
1.
|
Party B intends to launch an herbal plantation project in Qianhong Village.
|
|
2.
|
Party A agrees to lease state-owned industrial land of 28 Mu and forestry land of 295 Mu to Party B for its planning and use.
|
|
3.
|
Lease price and payment: Party B shall lease the industrial land for RMB 300,000 per Mu (RMB 8,400,000 total) for a term of 30 years. Party B shall also lease the forestry land for RMB 73,220 per Mu (RMB 21,600,000 total) for a term of 30 years. Party A shall be responsible for coordinating with the relevant local government and residents for the transfer of land. All lease amount shall be payable in a one-time payment.
|
|
4.
|
During the term of the lease, Party B may sublease or subcontract the land according to its actual need, and Party B shall be entitled to any revenue generated from such sublease or subcontract.
|
|
5.
|
Within one month from executing this Agreement, Party B shall pay a security deposit of RMB 7,000,000, which amount shall be applied toward the registered capital of a new company subordinate to Party B (the “New Company”). The New Company shall pay taxes in Qianhong Village in accordance with the relevant tax laws and regulations.
|
|
6.
|
Tax Exemptions: Party B shall be entitled to such tax exemptions that are applicable to leading agricultural and plantation companies in accordance with relevant government regulations.
|
|
7.
|
This Agreement shall become effective upon execution. This Agreement shall be executed into four duplicates. Each party shall hold two duplicates.
|
Party A: [signature and stamp] The Government of Qianhong Village, Linan, Zhejiang Province
Party B: [signature and stamp] Hangzhou Jiuzhou Grand Pharmacy Chain Co., Ltd.
February 27, 2010.