Document:

EX-10.9

 Exhibit 10.9 
 Guarantee Contract entered by and between Lingfa Huang and Shenzhen Development Bank Jinan Branch, dated April 12, 2012, for a maximum of RMB 15 million 

Maximum Guarantee Contract 
 Shenzhen Development Bank, July 2009 version 
 Special Notice: 

In order to protect your legal rights, please read below notices carefully before you sign it: 

 

	 	6.	All the information you provide is accurate, complete, legal and effective, there is no false, misleading, statement and material omission; 

 

	 	7.	You have read all the terms, especially the highlighted ones, and fully understand its meaning and its legal implication; 

 

	 	8.	Before you sign the contract, you have the rights to request to change the terms. After the contract becomes effective, you have to exercise your rights and fulfill
your obligation according to the contract; 

  

	 	9.	If there is any change on your address, phone, business scope, and legal representative, you are required to notify us within 10 days; 

 

	 	10.	If you have any question regarding this contract, you can consult with our bank. 

 Contract number: Shen Fa Ji Feng ErBaoZhi 20120412004-4 
 Party A: Shenzhen Development Bank
Jinan Branch 
 Authorized person: Feng Liu Title: Head of the branch 
 Party B: Lingfa Huang 
 ID: 370923196807181530 

To ensure the performance of Shandong Xiangrui Pharmacy Co., Ltd (refer as borrower afterwards) ‘s obligations and the effectuation of the
borrower’s rights under the Loan Agreement (Shen Fa Ji Feng ErBaoZhi 201204120043) entered between and by Shenzhen Development Bank Jinan Branch and Shandong Xiangrui Pharmacy Co., Ltd, Party B is willing to offer
his warranty as guarantee for the borrower. 
 1. Scope of the Guarantee 
 The guarantee scope under this contract is up to 15 million RMB liabilities out of the total credit of 100 million RMB by the credit contract number Shen Fa Ji Feng ZongZhi 20120412004. The
liabilities include the principal, interest, default interest, and expense related to collect the liabilities. 

 2. Term (period) of the guarantee 
 The term of the guarantee is two years after the expiration of the debt. Each credit authorization is a separate term. If there is extension on the term, the guarantee term is two years after the
expiration of the extended period. 
 3. Transfer of the loan to others 
 During the guarantee period, if Party A transfers the loan rights to other party, party B agree to continue to guarantee the loan under the original terms. 

4. Others 
 Both parties agree to delete
the first item under the second section of the penalty terms of this contract stating expenses related to background check, investigation, and notary. 
 5. This contract has 3 copies. Party A, Party B, and borrower hold one copy each. 
 6.
This contract is not required to be notarized. 
 7. Guarantee Liabilities 
 Party B will guarantee all the debt under the contract, includes the principal, interest, default interest, and expense related to collect the liabilities. When the borrower defaulted on the loan, Party A
can go after the borrower or Party B directly, Party A can collect money from Party B’s bank account directly, even the borrower provided collateral and Party A is not required to go through the collateral first. 

8. This guarantee is an independent guarantee by itself, not affected by other guarantee contract. 

9. This guarantee is irrevocable, not impacted by the other contract the borrower signed, or the borrower goes bankrupt, unable to pay, or revoked of
business license. 
 10. Guarantee events and guarantee obligations 
 1. Guarantee events 
 Any of the below event happens, it’s considered as guarantee event:

  

	 	17.	Party B breach the terms of this contract, or Party B clearly expresses that he or she will not fulfill the obligations under this guarantee contract;

  

	 	18.	The information Party B provided to Party A is inaccurate, incomplete, false, misleading or has material omission; 

 

	 	19.	Party B hide important information and not cooperate with Party A’s background check or inspection; 

 

	 	20.	Party B give away its assets for free or sell its assets at unreasonable low price, or other transfer of assets to avoid obligations; 

  
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	 	21.	Party B was sued by Party A or other third party with similar guarantee contract; 

 

	 	22.	Guarantee is invalid or revoked; 

  

	 	23.	When the loan expires, Party A was not fully paid off. 

  

	 	24.	Party B intentionally evade the obligation through related party transactions; 

 

	 	25.	If Party B is a company (not applicable here); 

  

	 	26.	If Party B is an individual: 

  

	 	a.	Party B lose the capability to work, lost the job, move of location, or other business changes that Party A believes Party B cannot fulfill the obligations;

  

	 	b.	Party B was charged with criminal offense or restricted by law enforcement in other ways, Party A believes Party B cannot fulfill the obligations;

  

	 	c.	The heir of Party B refuse to assume the obligation after accept or refuse the rights of heirship; 

 

	 	27.	Other events Party A believes Party B cannot fulfill the obligations. 

 2. Guarantee obligations 
 Any of the above mentioned guarantee event happens, Party A can take
following any one or many actions together: 
  

	 	7.	Request Party B to assume or deduct from Party’s B’s bank account all the unpaid debt, including principal, interest, penalty interest and expense related to
collect the debt. 

  

	 	8.	Request Party B to provide Party A additional collateral; 

  

	 	9.	Request Party B to pay Party A all the losses; 

  

	 	10.	Request the any third party who owe money to Party B to pay directly to Party A according to the legal procedure, Party B should cooperate and bear all the expense
related to this; 

  

	 	11.	Request the court to void any actions by Party B, such as give up the rights to collect the debt, transfer the assets at unreasonably low price;

  

	 	12.	Other legal remedies by Party A according to the law. 

 11. For whatever reason, one of the terms under the main loan contract become ineffective, Party A still has the rights to collect the debt from the borrower. In above situation, this guarantee
contract is not affected and Party B still assumes the guarantee obligations. 
  

	 	28.	Party B promises: 

  

	 	a.	Party B has legal rights to sign and fulfill the contract; 

  

	 	b.	If Party B is a company, it has valid business license; 

  

	 	c.	All the information Party B provided to Party A is accurate, complete, legal, and effective, there is no false, misleading, or material omission;

  

	 	d.	Party B will fulfill its obligation in good faith; 

  

	 	e.	If there is any change of Party’s B’s address, phone, employment, Party B will notify Party A within 10 days; 

 

	 	f.	Party B has read carefully and fully understands all the terms under this guarantee contract. 

 

	 	29.	Amendment of the contract 

  

	 	a.	If both parties agree, the contract can be amended in written; 

  

	 	b.	When the main loan contract is amended, Party A should get the permission from Party B. however, if the amendment of the loan contract lowered the liability of the
borrower, Party A does not need to get the permission from Party B; 

  
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	 	30.	During the period of this contract, any breach of this contract or delays of exercise its rights by Party A does not mean Party A give up its rights;

  

	 	31.	Disputes resolutions: 

  

	 	a.	This contract is signed according to the laws of the People Republic of China, it will apply the laws of the People Republic of China; 

 

	 	b.	It also follows the disputes resolution terms under the main debt contract. 

 

	 	32.	The contract becomes effective once it’s signed by both parties. 

 Party A: 
 Signed by: Representative: Liu Feng 

Date: April 12, 2012 
 Party B: 

Lingfa Huang 
 Date: April 12, 2012

  
 4EX-10.10

 Exhibit 10.10 
 Loan Agreement between Shandong Xiangrui and China Everbright Bank, Qingdao Jiaozhou Branch, dated April 16, 2012, for a RMB 20 million loan 

Main contents: 
  

	 	•	 	 Contract No.: Guan Yin Jiao Yin Zi No. 2011076 

 

	 	•	 	 Loan Amount (RMB): RMB 20,000,000 Yuan 

  

	 	•	 	 Purpose of the Loan: payment to vendor 

  

	 	•	 	 Contract Term: 6 months, from April 16, 2012 to October 16, 2012 

 

	 	•	 	 Interest Rate: 

  

	 	•	 	 The processing fee is 0.05%; 

  

	 	•	 	 Shandong Xiangrui is required to deposit 50% of the loan amount as restricted cash 

 

	 	•	 	 No interest during the 6 month loan period 

  

	 	•	 	 Penalty interest rate for delayed repayment: 0.05% per day 

 

	 	•	 	 Guarantee 

  

	 	•	 	 Ruixing Group provided a guarantee for this loan 

  

	 	•	 	 Shandong Xiangrui used its land use rights as collateral for this loan, the collateral agreement # 2011076EX-10.11

 Exhibit 10.11 
 Loan Agreement between Shandong Xiangrui and China Merchants Bank Jinan Branch, dated on April 27, 2012, for RMB 6 million 
 Main contents: 
  

	 	•	 	 Contract No.: 2012-60-11120402 

  

	 	•	 	 This loan is under the credit term: 2011 Zhao Ji 60 Zi 21110403 

 

	 	•	 	 Borrower: Shandong Xiangrui Pharmacy Co., Ltd. 

 

	 	•	 	 Lender: China Merchants Bank Jinan Branch 

  

	 	•	 	 Loan Amount (RMB): RMB 6 million 

  

	 	•	 	 Purpose of the Loan: working capital 

  

	 	•	 	 Contract Term: April 27, 2012 to October 26, 2012 

 

	 	•	 	 Interest Rate: 

  

	 	•	 	 The floating interest rate is 30% higher than the borrowing rate published by the People Bank of China. 

 

	 	•	 	 Rights and Obligations of the Lender: 

  

	 	•	 	 Lender is entitled to get the information such as Borrower’s operation, financial activities, inventory and loan usage. Lender could require
disclosure of Borrower’s financial status. 

  

	 	•	 	 Lender can cease to lend the loan or withdraw the loan before the due date in the situation caused by Borrower which would be detrimental to the safety
of the loan. 

  

	 	•	 	 When withdrawing the principal and relevant fees on due or before the due date, Lender could obtain the money from Borrower’s account directly.

  

	 	•	 	 In the event of breaches of the agreement by Borrower, Lender can disclose Borrower’s breaches of the agreement publicly when the Borrower do not
performance his (her) obligations. 

  

	 	•	 	 Lender shall disburse the loan in a timely manner pursuant to the agreement. 

 

	 	•	 	 If the lender defaults on the loan, there will be 50% penalty interest additional to the agreed interest on the defaulted amount.

  

	 	•	 	 Rights and obligations of the borrower 

  

	 	•	 	 Borrower is entitled to obtain and use the loan pursuant to the agreement. 

 

	 	•	 	 Borrower shall make the balance of the loan through the contracted account pursuant the agreement. 

 

	 	•	 	 Borrower shall complete the relevant procedure when the loan is a foreign currency loan. 

 

	 	•	 	 Borrower shall return the principal on April 14, 2012 and pay the interests per month. Borrower can extend the term of the loan when getting the
consent of Lender pursuant to the agreement. 

	 	•	 	 Borrower must make the usage of the money in conformity with the purpose of the loan contracted in the agreement. 

 

	 	•	 	 Borrower should inform the relevant financial information to Lender monthly and cooperate with Lender for the investigation of the loan.

  

	 	•	 	 When Borrower’s conduct may be probably detrimental to the debt relationship within the loan agreement, the conduct could only be valid when a
written notification has been informed to Lender in advance to get the consent of Lender and the Borrower has made a promise on clearing liability under the agreement. 

 

	 	•	 	 Consent of Lender should be obtained when any of the Borrower’s guaranties or mortgages on his (her) major assets for a third party is possible to
be detrimental to Borrower’s capability of repayment under the agreement. 

  

	 	•	 	 Borrower and his (her) investors shall not spirit the money, transfer the assets or alien the shares to evade the obligations to Lender pursuant to the
agreement. 

  

	 	•	 	 A written notification should be informed to Lender when there is any alternation of Borrower’s name, legal representative, address and business
scope. 

  

	 	•	 	 When the guaranty capability of Guarantor under the agreement or the value of any mortgaged items under the agreement get detriment, Borrower should
offer other guaranty or mortgage accepted by Lender timely. 

  

	 	•	 	 Borrower bears the relevant fees under the agreement. 

 

	 	•	 	 Prepayment of the Loan: 

 Lender’s consent should be obtained if Borrower is willing to prepay the loan. The interest rate of prepayment shall accord with the agreement. 

 

	 	•	 	 Liabilities of Breach of Contract:  

 Damages, penalty interest for delayed repayment; penalty interest for embezzlement of loan proceeds; imposition of compound interest; withdrawal of loan, prepayment of principal and interest before
maturity, attachment of assets; lawyer’s fee and travel cost in case of litigation or arbitration due to the Company ‘s breach of contract etc. 
  

	 	•	 	 Guarantee of the loan 

 The loan is guaranteed by Shandong Runyin Bio-Chemical, Shandong Dongshun, and Xuchun Wang. 

Headlines of the articles omitted 
  

	 	•	 	 Types of the loan 

  

	 	•	 	 Clearing of the loan interest 

  

	 	•	 	 Condition precedent to the drawing of the loan 

  

	 	•	 	 Dispute settlement 

  

	 	•	 	 Miscellaneous 

  

	 	•	 	 Effectiveness 

  

	 	•	 	 Validity 

  

	 	•	 	 Attention 

  
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