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协议范本精选版
Repayment Agreement
____________(hereinafter referred to as “Party A”)
Address:
Legal representative:
__________________(hereinafter referred to as “Party B”)
Address:
Legal representative:
Whereas:
Party A and Party B signed a “____________contract”(nr: _______) on __________(date). The term of the distribution contract started from __________ and ended on __________. Party A shall supply _________ according to its obligation under the contract and Party B shall pay Party A the amount of the contact. By the date of this repayment agreement, Party B still owes Party A the amount of the contract of ________________(RMB______)
NOW, THEREFORE, based on the foregoing and in consideration of the mutual promises and covenants contained herein, the adequacy of which is hereby acknowledged, the parties agree as follows:
Article 1 Parties hereby recognize that Party B shall pay Party A _______________, the total amount of the contract that it owed to Party A.
Article 2 Party A and Party B hereby agrees as follows through negotiation: During the period from _____________, in total _______ months, Party B shall pay the amount it owes to Party A. Party B shall pay 10% of the total amount every month namely
______________per month. Party B shall pay the installment before the end of every month. Party B will provide the evidence of payment to Party A with