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 within ______working days after anyone of the installment is due, and Party A will justify this fact.Article 3 Compulsory enforcement 1。Parties hereby confirms that both have known clearly about the meaning, content, procedure， effect etc of the notary which can make this agreement compulsory enforceable in accordance with the relevant laws and through deliberation...
