WWW.EXFILE.COM, INC -- 14833 -- ECOSS INC. -- EXHIBIT 10.8 TO FORM 20F-A


     

    EXHIBIT
      10.8


     

    January
      27,
      2005

    Revenue
      

    Stamp

    


    Loan
      Agreement 

    


    This
      Loan
      Agreement is made and entered into by and between Chihiro Tsuyuki as the lessor
      and ECOSS, Inc. as the lessee. The parties hereto hereby agree as
      follows:

    


    Article
      1
      (Loan)

    The
      lessee loaned JPY 100,000,000 from
      the
      lessor by promising that the lessee will pay back the amount. Provided, however,
      that the loan date shall be January 27, 2005.

    


    Article
      2
      (Repayment)

    The
      repayment period for the above loan in the preceding article shall be


    March
      27,
      2006, and the lessee shall make repayment by remitting to the bank 

    account
      designated by the lessor.

    


    Article
      3
      (Interest)

    Interest
      shall be three (3) percent per annum on the principal, and the applicable
      interest shall be paid by bank remittance to the bank account designated by
      the
      lessor on the payment date for the interest as per enclosure.

    


    Article
      4
      (Delinquency Charges) 

    In
      the
      event the lessee has lost the benefit of term, the lessee shall pay a delinquent
      payment at the rate of seven (7) percent per annum from the day of the
      forfeiture of profit to complete settlement. 

    


    Article
      5
      (Forfeiture of Profits for the Term) 

    In
      the
      event of any one of the following, the lessee shall lose the benefit of term
      without requiring notification from the lessor and shall immediately pay to
      the
      lessor the principal at that time.

    
      	1.  	
              When
                the lessee falls one month or more into arrears with the payment
                of the
                principal or interest thereof;

            


    

    
      	2.  	
              In
                the event of application for forcible execution, executive injunction,
                or
                auction with regard to other liabilities of the lessee or declaration
                of
                bankruptcy; 

            


    

    
      	3.  	
              In
                the event the lessee is subject to disposition for failure to pay
                taxes
                and other public charges; and 

            


    

    
      	4.  	
              In
                the event a draft or check drawn, endorsed, or guaranteed by the
                lessee
                has been dishonored.

            


    

    


    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Article
      6
      (Agreed Jurisdiction) 

    The
      parties hereto have agreed that any disputes arising among them relating to
      this
      Agreement shall be settled in a district court in the area where the lessor
      resides, which shall assume exclusive jurisdiction as the installment court
      of
      first instance.

    


    IN
      WITNESS WHEREOF, two (2) copies of this Agreement shall be made, and the parties
      hereto shall, after signing and affixing seals to the two copies, retain one
      copy each respectively.