EX-10.8 10 ff12023ex10-8_cordyceps.htm RELATED PARTY TRANSACTION - LOAN AGREEMENT AND DEBT TRANSFER AGREEMENT

Exhibit 10.8

 

Debt Transfer Agreement

 

Party A (new debtor): HUANG SZU HAO

 

Party B (original debtor): TANG CHI AN

 

Party C (creditor): Cordyceps Sunshine Biotech Holdings Co., Ltd.

 

To the “Loan Contract” signed by Party B and Party C on August 19, 2020, the amount owed by Party B to Party C is:

 

The matter of USD 146,040 has been negotiated and reached an agreement by Party A, Party C, Party C and other parties on an equal basis and voluntarily:

 

1. For this debt, Party A (HUANG SZU HAO) shall undertake all the repayment matters of this contract on behalf of Party B ( TANG CHI AN);

 

2. Party C promises to extend the repayment time of Party A to August 31, 2023;

 

3. This agreement will come into effect after Party A, Party B and Party C sign and seal.

 

4. This agreement is in triplicate, each of the three parties holds one copy.

 

Party A (signature ):

 

Party B (signature):

 

Party C (signature):

 

August 29, 2021

 

 

 

 

Loan Contract

 

Borrower (Party A): TANG CHI AN

 

Lender (Party B): Cordyceps Sunshine Biotech Holdings Co., Ltd.

 

Party A borrows USD 146,040 from Party B for personal matters,

 

Borrowing period: 2020/8/19 to 2021/8/30, the loan is a temporary loan, after the two parties

 

It is agreed through negotiation that the clause is interest-free and will be settled once due.

 

Party A asks Party B to pay to the following account designated by Party A:

 

Company Name:TANG CHI AN

 

Account Bank: Taiwan Shin Kong Commercial Bank Co., Led., Hong Kong Branch

 

Account: 6017-11-003535-4

 

Follow-up matters related to the above-mentioned loans shall be resolved by mutual agreement between the two parties.

 

To take necessary legal measures, the above loan shall be signed by both parties, Party A shall receive the loan from Party B. contract takes effect from the day the payment is received .

 

Borrower (signature or stamp):

 

Lender (signature or stamp):

 

August 19, 2020