Document:

Exhibit 10.5

 

LOAN AGREEMENT

 

THIS LOAN AGREEMENT is made June 15, 2017 between

 

(1) Only Natural Wellness Corporation (herein called the
"Borrower”) : and

 

(2) Lynx Consulting Group Ltd. (herein called the "Lender” )

 

IT HEREBY AGREED as follows:

 

Article 1. Facility

 

	1.1		The Lender makes available to the Borrower upon the terms and subject to the conditions
hereof a loan facility in the aggregate principal amount of United States Dollars (USD) $1,697.36 (the "Loan") to be drawn down In
accordance with Article 2.

 

Article
2. Drawing

 

	2.1		The Borrower has paid Startupr Hong Kongon behalf of the Lender on June 7, 2017,
                                                                                                      as                                                                                                       defined in Article
                                                                                                      3.2.

 

Article 3. Repayment and Prepayment 3.1

 

	3.1		The Borrower agrees to repay to the Lender on or before June 6, 2018 (the "Repayment Date”)
                                                                                                      the principal amount of the Loan then outstanding.

	 		 

	3.2		Upon giving not less than thirty (30) days prior notice to the Lender of its intention
to do so, the Borrower shall be entitled to prepay on any Interest Payment Date, as defined in Article 4.2, all or any part of
the Loan then outstanding together with (i) the accrued interest thereon and (ii) the amount of any extra costs payable by the
Lender on account of such prepayment.

 

Article 4. Interest

 

	4.1		Interest shall accrue of the principal amount of the Loan at the rate of 6% percent
per annum (the "Interest Rate') (i) from and including the date of the drawdown of the Loan to and including the initial Interest
Payment Date and thereafter (ií) from but excluding the immediately preceding Interest Payment Date to and Including the
next succeeding Interest Payment Date. The amount of interest shall be computed on the basis of a year of three hundred and sixty-five
(365) days and the actual number of days elapsed.

	 		 

	4.2		For purposes of this Agreement. "Interest Payment Date" means each anniversary of
the date of the drawdown of the Loan to and including the Repayment Date, which shall be the final Interest Payment Date. The
Borrower shall pay accrued interest on the principal amount of the Loan in arrears on each Interest Payment Date and on the Repayment
Date.

	 		 

	4.3		If the Borrower fails to pay when due any principal, interest or other sum due hereunder,
the Borrower shall pay interest on the unpaid sum at the rate of 4% percent per annum above the Interest Rate, such interest
to be payable on demand.

 

Article
5. Costs and Expenses

 

	5.1		The Borrower shall reimburse the Lender for reasonable out-of-pocket expenses including
legal fees for the negotiation, preparation and execution of this Agreement and the enforcement of any Tight of the Lender under
this Agreement.

	 		 

	5.2		The Borrower shall pay any stamp and other similar duties and taxes to which this
to which this Agreement is subject.

 

Article
6. Taxes

 

	6.1		All payments (whether of principal, interest or otherwise) to be made by the Borrower
too the Lender hereunder shall be without set-off or counterclaim and free and clear of and without deduction for any taxes or
withholdings of any nature whatsoever imposed by any country or tax authority. If at any time any applicable law or regulation
of such country or tax authority or international agreement imposes any such tax or requires the Borrower to make any such deduction
or withholding from any such payment, the sum from the Borrower in respect of such payment shall be increased to the extent necessary
to that, after the making of such deduction or withholding, the Lender receives a net sum equal to the sum which it would have
received had no such deduction or withholding been required to be made. In the event that the Borrower is compelled to make any
such deduction or withholding the Borrower shall forward, within ninety (90) days after such deduction of withholding is made
official receipts or other documentation acceptable to the Lender evidencing payment of such deduction or withholding.

 

Article 7. Payments

 

	7.1		All payments to be made hereunder by the Borrower shall be made by paying the same,
in USD; to the Lender.

 

Article 8. Representations and Warranties

 

	8.1		The Borrower represents and warrants to the Lender that as at the date hereof:

 

(a) The Borrower has to enter into and perform
this Agreement and has taken all necessary action required to authorize the execution and delivery of this Agreement
and its performance according to its terms;

 

(b) This Agreement constitutes a legal, valid and binding obligation of the Borrower enforceable
in accordance with its terms, and the obligations of the Borrower hereunder are direct and general obligations of the
Borrower;

 

(c) All necessary consents, approvals and authorizations of any governmental authority required in
connection with the execution, delivery, performance, validity or enforceability of this Agreement have been obtained and
made and are in full force and effect;

 

(d) All payments of principal, premium (if any), interest and other moneys due or to become due from the
Borrower are free of any present taxes imposed by or any taxing authority thereof;

 

(e) The obligations of the Borrower hereunder rank pari passu with any other unsecured guarantee
obligations including guarantee obligations of the Borrower for money borrowed.

 

Article 9. Covenants

 

	9.1		The Borrower will furnish to the Lender as soon available and in any event within
one hundred fifty (150) days after the end of each of its fiscal years, a copy of the audited annual financial statements of the
Borrower and its consolidated subsidiaries, including for both a balance sheet as at the end of such fiscal year and the related
statements of profit and loss and retained earnings for such fiscal year, prepared in accordance with accounting principles and
practices generally accepted in and certified by independent public accountants of recognized standing.

 

Article 10. Events of Default

 

10.1 If:

 

(a) The Borrower
fails to pay any principal amount of or interest on the Loan for more than three(3) days after the due date thereof or fails
to pay any other sum payable hereunder for more than five(5) days after the due date thereof ;

 

(b) The Borrower shall default
in the due performance or observance of any other term or condition of this Agreement for more than thirty (30) days after
receipt of notice thereof from the Lender;

 

(c) Any representation or warranty made by the Borrower in this Agreement or any
certificate or statement delivered to the Lender pursuant hereto proves to have been materially incorrect or inaccurate when
made;

 

(d) Any governmental authorization approval or consent necessary for the raising or repayment by the Borrower of the
amount to be lent hereunder on the terms and conditions described in this Agreement or for the payment of interest or fees as
stipulated herein or for any other matters or thing contemplated by this Agreement is withdrawn or modified in a manner
unacceptable to the Lender or is revoked or terminated or expires; or

 

(e) The Borrower institutes proceedings to be
adjudicated bankrupt or insolvent, or consents to the institution of bankruptcy or insolvency proceedings against it or
files a petition or answer or consent seeking reorganization or relief or consents to the filing of any such petition or to
the appointment of a receiver of or over any substantial part of the property of the Borrower, or makes a general assignment
for the benefit of creditors or admits in writing its inability to pay its debts generally as they become due; Then the
Lender may by written notice to the Borrower declare all the outstanding amount of the Loan together with accrued interest
thereon and any other sums whatsoever outstanding and payable under this Agreement to be due and payable whereupon the Loan
shall become due and payable without demand or other notice of any kind, all or which are hereby waived by the Borrower.

 

Article 11. Assignment

 

	11.1		This Agreement shall bind and inure to the benefit of the Borrower and the Lender
and their respective successors and assigns provided that:

 

(a) The Borrower may not assign its rights or obligations
hereunder without prior written consent of the Lender, such consent unto to be unreasonably withheld; and

 

(b) The Lender may,
upon notifying the Borrower, assign all or any of its rights under this Agreement provided that as a result of such
assignment, the Borrower shall not be liable to pay any such assignee any greater amount than it would have been liable to
pay had the Lender which is a party to this Agreement remained entitled to the Loan hereunder.

 

Article 12. Notices

 

	12.1		All notices, requests, demands or other communications to or upon the respective parties
hereto shall be given or made by telex, telegram, cable or telephone (later to be confirmed in writing by mail) or by mail to
the party to which such notice, request, demand or other communication is required or permitted to be given or made under this
Agreement.

 

Article 13.
Governing Law and Jurisdiction

 

	13.1		This Agreement shall be governed by and construed in accordance with the laws of the
United States of America.

	 		 

	13.2		Both parties hereto hereby irrevocably submit to the nonexclusive jurisdiction of
the Courts of the State of Hawaii.

 

IN WITNESS WHEREOF the duly authorized representatives of the parties hereto have executed this
Agreement the day and year first above written.

 

	BORROWER: Only Natural Wellness Corporation	 
	 	 	 
	by:	/s/ Huh Sun Joo	 	 
	NAME:	Huh Sun Joo	 	 
	TITLE:	Chief Executive Officer	 	 
	 	 	 	 
	 	 	 
	LENDER: Lynx Consulting Group Ltd.	 
	 	 	 
	by:	/s/ Xiaolan Wang	 	 
	NAME:	Xiaolan Wang	 	 
	TITLE:	DirectorExhibit 10.6

 

LOAN AGREEMENT

 

THIS LOAN AGREEMENT is made January 31, 2017 between

 

(1) Only Natural Wellness Corporation (herein called the
"Borrower”) : and

 

(2) ARC Capital Ltd. (herein called the "Lender” )

 

IT HEREBY AGREED as follows:

 

Article 1. Facility

 

	1.1		The Lender makes available to the Borrower upon the terms and subject to the conditions
hereof a loan facility in the aggregate principal amount of United States Dollars (USD) $2,000 (the "Loan") to be drawn down In
accordance with Article 2.

 

Article
2. Drawing

 

	2.1		The Borrower has paid Paritz & Company, P.A. on behalf of the Lender on January 9, 2017, as
                                                                                                      defined in Article 3.2.

 

Article 3. Repayment and Prepayment 3.1

 

	3.1		The Borrower agrees to repay to the Lender on or before January 31, 2018 (the "Repayment
Date”) the principal amount of the Loan then outstanding.

	 		 

	3.2		Upon giving not less than thirty (30) days prior notice to the Lender of its intention
to do so, the Borrower shall be entitled to prepay on any Interest Payment Date, as defined in Article 4.2, all or any part of
the Loan then outstanding together with (i) the accrued interest thereon and (ii) the amount of any extra costs payable by the
Lender on account of such prepayment.

 

Article 4. Interest

 

	4.1		Interest shall accrue of the principal amount of the Loan at the rate of 6% percent
per annum (the "Interest Rate') (i) from and including the date of the drawdown of the Loan to and including the initial Interest
Payment Date and thereafter (ií) from but excluding the immediately preceding Interest Payment Date to and Including the
next succeeding Interest Payment Date. The amount of interest shall be computed on the basis of a year of three hundred and sixty-five
(365) days and the actual number of days elapsed.

	 		 

	4.2		For purposes of this Agreement. "Interest Payment Date" means each anniversary of
the date of the drawdown of the Loan to and including the Repayment Date, which shall be the final Interest Payment Date. The
Borrower shall pay accrued interest on the principal amount of the Loan in arrears on each Interest Payment Date and on the Repayment
Date.

	 		 

	4.3		If the Borrower fails to pay when due any principal, interest or other sum due hereunder,
the Borrower shall pay interest on the unpaid sum at the rate of 4% percent per annum above the Interest Rate, such interest
to be payable on demand.

 

Article
5. Costs and Expenses

 

	5.1		The Borrower shall reimburse the Lender for reasonable out-of-pocket expenses including
legal fees for the negotiation, preparation and execution of this Agreement and the enforcement of any Tight of the Lender under
this Agreement.

	 		 

	5.2		The Borrower shall pay any stamp and other similar duties and taxes to which this
to which this Agreement is subject.

 

Article
6. Taxes

 

	6.1		All payments (whether of principal, interest or otherwise) to be made by the Borrower
too the Lender hereunder shall be without set-off or counterclaim and free and clear of and without deduction for any taxes or
withholdings of any nature whatsoever imposed by any country or tax authority. If at any time any applicable law or regulation
of such country or tax authority or international agreement imposes any such tax or requires the Borrower to make any such deduction
or withholding from any such payment, the sum from the Borrower in respect of such payment shall be increased to the extent necessary
to that, after the making of such deduction or withholding, the Lender receives a net sum equal to the sum which it would have
received had no such deduction or withholding been required to be made. In the event that the Borrower is compelled to make any
such deduction or withholding the Borrower shall forward, within ninety (90) days after such deduction of withholding is made
official receipts or other documentation acceptable to the Lender evidencing payment of such deduction or withholding.

 

Article 7. Payments

 

	7.1		All payments to be made hereunder by the Borrower shall be made by paying the same,
in USD; to the Lender.

 

Article 8. Representations and Warranties

 

	8.1		The Borrower represents and warrants to the Lender that as at the date hereof:

 

(a) The Borrower has to enter into and perform
this Agreement and has taken all necessary action required to authorize the execution and delivery of this Agreement
and its performance according to its terms;

 

(b) This Agreement constitutes a legal, valid and binding obligation of the Borrower enforceable
in accordance with its terms, and the obligations of the Borrower hereunder are direct and general obligations of the
Borrower;

 

(c) All necessary consents, approvals and authorizations of any governmental authority required in
connection with the execution, delivery, performance, validity or enforceability of this Agreement have been obtained and
made and are in full force and effect;

 

(d) All payments of principal, premium (if any), interest and other moneys due or to become due from the
Borrower are free of any present taxes imposed by or any taxing authority thereof;

 

(e) The obligations of the Borrower hereunder rank pari passu with any other unsecured guarantee
obligations including guarantee obligations of the Borrower for money borrowed.

 

Article 9. Covenants

 

	9.1		The Borrower will furnish to the Lender as soon available and in any event within
one hundred fifty (150) days after the end of each of its fiscal years, a copy of the audited annual financial statements of the
Borrower and its consolidated subsidiaries, including for both a balance sheet as at the end of such fiscal year and the related
statements of profit and loss and retained earnings for such fiscal year, prepared in accordance with accounting principles and
practices generally accepted in and certified by independent public accountants of recognized standing.

 

Article 10. Events of Default

 

10.1 If:

 

(a) The Borrower
fails to pay any principal amount of or interest on the Loan for more than three(3) days after the due date thereof or fails
to pay any other sum payable hereunder for more than five(5) days after the due date thereof ;

 

(b) The Borrower shall default
in the due performance or observance of any other term or condition of this Agreement for more than thirty (30) days after
receipt of notice thereof from the Lender;

 

(c) Any representation or warranty made by the Borrower in this Agreement or any
certificate or statement delivered to the Lender pursuant hereto proves to have been materially incorrect or inaccurate when
made;

 

(d) Any governmental authorization approval or consent necessary for the raising or repayment by the Borrower of the
amount to be lent hereunder on the terms and conditions described in this Agreement or for the payment of interest or fees as
stipulated herein or for any other matters or thing contemplated by this Agreement is withdrawn or modified in a manner
unacceptable to the Lender or is revoked or terminated or expires; or

 

(e) The Borrower institutes proceedings to be
adjudicated bankrupt or insolvent, or consents to the institution of bankruptcy or insolvency proceedings against it or
files a petition or answer or consent seeking reorganization or relief or consents to the filing of any such petition or to
the appointment of a receiver of or over any substantial part of the property of the Borrower, or makes a general assignment
for the benefit of creditors or admits in writing its inability to pay its debts generally as they become due; Then the
Lender may by written notice to the Borrower declare all the outstanding amount of the Loan together with accrued interest
thereon and any other sums whatsoever outstanding and payable under this Agreement to be due and payable whereupon the Loan
shall become due and payable without demand or other notice of any kind, all or which are hereby waived by the Borrower.

 

Article 11. Assignment

 

	11.1		This Agreement shall bind and inure to the benefit of the Borrower and the Lender
and their respective successors and assigns provided that:

 

(a) The Borrower may not assign its rights or obligations
hereunder without prior written consent of the Lender, such consent unto to be unreasonably withheld; and

 

(b) The Lender may,
upon notifying the Borrower, assign all or any of its rights under this Agreement provided that as a result of such
assignment, the Borrower shall not be liable to pay any such assignee any greater amount than it would have been liable to
pay had the Lender which is a party to this Agreement remained entitled to the Loan hereunder.

 

Article 12. Notices

 

	12.1		All notices, requests, demands or other communications to or upon the respective parties
hereto shall be given or made by telex, telegram, cable or telephone (later to be confirmed in writing by mail) or by mail to
the party to which such notice, request, demand or other communication is required or permitted to be given or made under this
Agreement.

 

Article 13.
Governing Law and Jurisdiction

 

	13.1		This Agreement shall be governed by and construed in accordance with the laws of the
United States of America.

	 		 

	13.2		Both parties hereto hereby irrevocably submit to the nonexclusive jurisdiction of
the Courts of the State of Hawaii.

 

IN WITNESS WHEREOF the duly authorized representatives of the parties hereto have executed this
Agreement the day and year first above written.

 

	BORROWER: Only Natural Wellness Corporation	 
	 	 	 
	by:	/s/ Huh Sun Joo	 	 
	NAME:	Huh Sun Joo	 	 
	TITLE:	Chief Executive Officer	 	 
	 	 	 	 
	 	 	 
	LENDER: ARC Capital Ltd.	 	 
	 	 	 
	by:	/s/ Mengying Wang	 	 
	NAME:	Mengying Wang	 	 
	TITLE:	Director

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