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1、RepaymentAgreement____________(hereinafterreferredtoas“PartyA”)Address:Legalrepresentative:__________________(hereinafterreferredtoas“PartyB”)Address:Legalrepresentative:Whereas:PartyAandPartyBsigneda“contract”(nr:_______)on__________(date).Thetermofthedistribu
2、tioncontractstartedfrom__________andendedon__________.PartyAshallsupply_________accordingtoitsobligationunderthecontractandPartyBshallpayPartyAtheamountofthecontact.Bythedateofthisrepaymentagreement,PartyBstillowesPartyAtheamountofthecontractof________________(
3、RMB______)NOW,THEREFORE,basedontheforegoingandinconsiderationofthemutualpromisesandcovenantscontainedherein,theadequacyofwhichisherebyacknowledged,thepartiesagreeasfollows:Article1PartiesherebyrecognizethatPartyBshallpayPartyA_______________,thetotalamountofthe
4、contractthatitowedtoPartyA.Article2PartyAandPartyBherebyagreesasfollowsthroughnegotiation:Duringtheperiodfrom_____________,intotal_______months,PartyBshallpaytheamountitowestoPartyA.PartyBshallpay10%ofthetotalamounteverymonthnamely______________permonth.PartyBs
5、hallpaytheinstallmentbeforetheendofeverymonth.PartyBwillprovidetheevidenceofpaymenttoPartyAwithin______workingdaysafteranyoneoftheinstallmentisdue,andPartyAwilljustifythisfact.Article3Compulsoryenforcement4.PartyAisentitledtoapplyforthecompulsoryenforcementfrom
6、thecourtofcompetentjurisdictionaccordingtothisagreementhereinwhichiscompulsoryenforceableandtheenforcementcertification.theeligiblebusinesslicense(duplicate)byannualinspection(1)letterofauthorization/POApowerofattorney(2)theapplicationforcompulsoryenforcement.(
7、3)thewrittendocumentsofPartyB’sperformance(therepaymentstatusofPartyBincludingthealreadypaid/unpaidamountofthedebt.)(4)theherebyagreementwhichiscompulsoryenforceablebynotary.(5)ThenotificationofperformancebyPartyAtoPartyBunderthemonitorofthenotary.(6)Otheressen
8、tialdocuments.6.PartyBundertakestobeenforcedwithallofitsassetsincludingbutnotlimitedtothefollowing:AnybreachofprovisionshereofshallconstitutethematerialbreachofthisAgreement
