Loan extension agreement

Industrial and Commercial Bank of China Loan Extension Agreement

Lenders Industrial and Commercial Bank of China ______________

Borrower __________________________

guarantor__________________________

Article 1 This Agreement is a loan repayment agreement signed by the lender, the borrower, the guarantor, the guaranty party signed on _________________________

The second reason for the extension:

Article 3 The original loan amount is 10,000 yuan, and the repayment amount is 10,000 yuan. The exhibition amount is 10,000 yuan.

Article 4 The term of the original loan shall be from the date of the year to the day of the month; the period of the extension shall be from the date of the year to the day of the month.

Article 5 The borrower and the lender agree that the interest rate for the extension of the loan is the monthly interest rate.

Article 6 This Agreement is an inseparable whole from the original contract. Except for the relevant provisions of this Agreement, the terms of the original contract are still valid.

Article 7 After the expiration of the loan for the extension period, the borrower shall take the initiative to return the loan. If the loan is not repaid, the lender will charge the borrower an interest of ten thousand points on a daily basis, except for the lending party, the borrower and the guarantor.

Article 8 The guarantor of the guaranteed loan shall have the economic and joint responsibility for the loan for the guarantee period of this agreement. When the borrower fails to pay off the loan of the lender in accordance with the agreed time limit, the guarantor shall be jointly responsible for repaying the principal and interest of the loan; the mortgagor of the mortgage confirms that the collateral of the original contract continues to be used as collateral for repaying the principal and interest of the renewed loan of this Agreement. When the borrower is unable to pay off the loan of the lender in accordance with the agreed term, the lender has the right to dispose of the collateral and receive priority from the payment of the collateral.

Article 9 This Agreement shall become effective after being signed by the legal representative or authorized agent of the parties. The lender shall have the right to require the mortgagor to complete the renewal insurance, registration and notarization of this Agreement. Otherwise, the lender has the right not to perform. The agreement adds a penalty interest or a mandatory loan recovery based on overdue loans.

Article 10 In the event of a dispute, the parties may apply to the contract management authority for mediation or arbitration, or may file a lawsuit with the local people's court.

Article 11 This Agreement shall be in three copies, and each of the lender, the borrower and the guarantor shall hold one copy with the same legal effect.

Lender ______________________

Legal representative or authorized agent ______

Borrower ______________________

Legal representative or authorized agent ______

guarantor______________________

Legal representative or authorized agent ______

Signing time, year, month and day