SUNWIN STEVIA INTERNATIONAL, INC. - FORM 10-Q - EX-10.24 - LOAN AGREEMENT DATED NOVEMBER 18, 2011 BY AND BETWEEN QUFU NATURAL GREEN ENGINEERING CO., LTD. AND SHANDONG SHENGWANG PHARMACEUTICAL CO., LTD. - March 19, 2012

Attached files

file filename
EXCEL - IDEA: XBRL DOCUMENT - SUNWIN STEVIA INTERNATIONAL, INC.Financial_Report.xls
10-Q - FORM 10-Q FOR THE PERIOD ENDED JANUARY 31, 2012 - SUNWIN STEVIA INTERNATIONAL, INC.suwn10-q.htm
EX-10.26 - LOAN AGREEMENT DATED DECEMBER 16, 2011 BY AND BETWEEN QUFU NATURAL GREEN ENGINEERING CO., LTD. AND SHANDONG ANDA BIO-TECH CO., LTD. - SUNWIN STEVIA INTERNATIONAL, INC.exh10-26.htm
EX-10.25 - SUPPLIER AGREEMENT DATED DECEMBER 2, 2012 BY AND BETWEEN SUNWIN INTERNATIONAL NEUTRACEUTICALS, INC. AND DOMINO FOODS, INC. - SUNWIN STEVIA INTERNATIONAL, INC.exh10-25.htm
EX-31.1 - SECTION 302 CERTIFICATE OF CHIEF EXECUTIVE OFFICER - SUNWIN STEVIA INTERNATIONAL, INC.exh31-1.htm
EX-10.27 - CONFIRMATION OF AMENDMENT TO LOAN AGREEMENT WITH SHANDONG SHENGWANG PHARMACEUTICAL CO., LTD. - SUNWIN STEVIA INTERNATIONAL, INC.exh10-27.htm
EX-31.2 - SECTION 302 CERTIFICATE OF CHIEF FINANCIAL OFFICER - SUNWIN STEVIA INTERNATIONAL, INC.exh31-2.htm
EX-32.1 - SECTION 906 CERTIFICATE OF CHIEF EXECUTIVE OFFICER AND CHIEF FINANCIAL OFFICER - SUNWIN STEVIA INTERNATIONAL, INC.exh32-1.htm
 
Exhibit 10.24
Loan Agreement
(Translation)
 
Party A：Qufu Natural Green Engineering Co., Ltd.
Party B：Shandong Shengwang Pharmaceutical Co., Ltd.
 
WHEREAS, Party B applied for a loan from Party A and both parties negotiated the terms in good faith;
 
NOW, therefore, both parties have agreed to enter this loan agreement under the terms and conditions as follows:
 
1.  
Party A will loan RMB 20,000,000 (twenty million) to Party B as working capital.
2.  
Term: from November 21, 2011 to November 20, 2012. The principal is due in full amount on expiration date.
3.  
Party B shall pay back the loan on time.
4.  
On expiration date, Party B shall fully pay back the loan in one payment. If further cash or loan is needed, both parties shall sign a new loan agreement, and Party A decides at its own discretion a potential increase or decrease of the credit line available to Party B.

 

 
 

 
Party A: Qufu Natural Green Engineering Co., Ltd.
 
Signature: /s/ Chengxiang Yan
(corporate seal)

 
 
Party B: Shandong Shengwang Pharmaceutical Co., Ltd.
 
Signature: /s/ Laiwang Zhang
(corporate seal)
 
 
Date: November 18, 2011

SUNWIN STEVIA INTERNATIONAL, INC. Reports