Simple version of deposit contract 1 ContractNo.:
Party A:
Legal representative or person in charge:
Domicile:
Party B: The bank.
Legal representative or person in charge:
Domicile:
In order to promote the business development of Party A and Party B, based on the principle of equality and mutual benefit, and in accordance with the relevant laws and regulations of the state, the relevant provisions of the People's Bank of China and the China Banking Regulatory Commission, the following deposit agreement is reached through friendly negotiation between both parties.
Article 1 Special commitment
1. The funds deposited by Party A into Party B in the form of agreement deposits are all customer deposits and intermediary business funds absorbed by Party A, except for the postal enterprises' own funds ... It shall not be used as a guarantee for other purposes except for the recycling of postal savings funds.
2. The funds deposited by Party A into Party B by agreement shall not bear any guarantee responsibility for the debts of postal enterprises and their branches (including but not limited to the debts to Party B). Party B also does not accept the guarantee provided by postal enterprises and their branches with the deposit agreed by Party A..
3. In case of disputes between Party B or its branches and Party A or postal enterprises and their branches, Party B and its branches shall not take any measures that infringe upon the interests of Party A's agreed deposits.
4. Party B is a financial institution that has been approved to deposit and lend legally, and Party B shall go through relevant procedures for the money deposited by Party A according to the contract.
5. Party B promises to provide the annual and quarterly accounting statements and related materials to Party A within three working days after submitting them to the regulatory authorities or higher authorities (including but not limited to the Head Office).
6. Party B promises that the agreed deposit deposited by Party A in Party B under this contract will not be used for projects that violate the national industrial policies and macro-control policies.
7. Party B promises that, before the expiration of the deposit term agreed in this master contract, in case of major events such as division, merger or closure of Party B or the bank (No.) that issued the guarantee, Party B will provide a new guarantee method approved by Party A within three working days after the written notice of Party A is delivered. If the guarantee method approved by Party A is not provided, Party A has the right to request Party B, Party B or the guarantee contract (No.).
8. Party A has obtained the consent of relevant authorities and has the right to sign this contract. Party B is fully aware of this.
Article 2 The agreed deposit amount and term
1. Party A shall deposit RMB _ _ _ _ _ _ _ _ _ yuan into Party B in * * * installments.
2. The term of the agreed deposit is _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _.
3. For details of the start and end dates of the agreed deposit, please refer to the Certificate of Property Right of Unit Time Deposit issued by Party B under this Contract (which is the certificate of agreed deposit).
Article 3 Time and Method of Transfer
Party A * * * transfers money to Party B by installments. The terms are as follows:
The term of the first transfer is from year to year;
The term of the second transfer is from year to year;
The term of the third transfer is from year month day to year month day;
The above transfer term refers to the specific transfer time, account and other information, subject to Party B's written transfer instructions.
Article 4 Certificate of account opening for unit time deposit.
Within three working days after each transfer of Party A's funds into the account designated by Party B, Party B shall issue to Party A _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ The "Certificate of Opening an Account for Unit Time Deposit" under this Contract shall be marked with the words "agreed deposit" and "executed according to the terms of the agreed deposit contract signed by the Postal Savings and Exchange Bureau of the State Post Bureau and the bank".
In the absence of prohibitive provisions in laws and regulations, Party A may, according to its own business conditions, pledge or transfer the certificate of account opening for corporate time deposits to a third party. The purpose of Party A's pledge is limited to the recycling of postal savings funds. Party A shall notify Party B in writing of the transferee's name, address, contact information and other information within five working days after signing the transfer agreement if it transfers the certificate of account opening for fixed deposit.
Article 5 Agreement deposit interest rate
(1) The agreed deposit interest rate is _ _ _% (floating interest rate). Fluctuates with the change of the benchmark interest rate (the benchmark interest rate is the agreed one-year lump-sum savings deposit rate).
After both parties determine the interest rate of the agreement deposit, before the expiration of the agreement deposit, if the People's Bank of China raises the benchmark interest rate, the interest rate shall be determined according to the following formula.
Agreed deposit interest rate = agreed deposit interest rate before adjustment+adjustment range of benchmark interest rate
Benchmark interest rate adjustment range = adjusted benchmark interest rate-benchmark interest rate before adjustment
Deposit interest is calculated by stages after interest rate adjustment.
If the People's Bank of China lowers the benchmark interest rate, the agreed deposit interest rate will not be adjusted.
After the People's Bank of China adjusts the interest rate, Party B is obliged to notify Party A in writing within three days.
(2) If the People's Bank of China releases the RMB deposit interest rate within the agreed deposit contract period, Party A and Party B will re-negotiate the adjustment method of the deposit interest rate based on the principle of long-term cooperation and mutual benefit. If negotiation fails, both parties shall implement it according to the RMB deposit interest rate of the previous day.
(3) If the agreed deposit is not withdrawn at maturity, the overdue part shall be paid with interest according to the interbank deposit rate announced by the People's Bank of China on the withdrawal date.
(4) The agreed deposits are not subject to compound interest.
(V) During the performance period of the agreement deposit contract, if the rules, regulations, policies and systems promulgated by the regulatory authorities actually reduce the income of Party A according to the interest rate implemented at the time of signing this contract, both parties agree to negotiate amicably first. If negotiation fails, Party A has the right to unilaterally terminate the performance of this contract in advance after sending a written notice, and Party A will not bear any responsibility.
During the agreed deposit period, if the People's Bank of China adjusts the deposit method of the statutory reserve for the postal savings agreement deposits, that is, Party A pays the statutory reserve for the funds corresponding to the postal savings agreement deposits, and Party B no longer pays the statutory reserve for the absorbed postal savings agreement deposits, the interest rate level of the original agreement deposits will be adjusted accordingly according to the principle of "the costs and benefits of both parties to the agreement deposits remain unchanged" from the date of policy adjustment. The adjustment formula is as follows:
Adjusted interest rate = (pre-adjusted interest rate-Party A's deposit reserve rate * Party A's statutory deposit reserve rate) /( 1- Party A's statutory deposit reserve rate)
Article 6 Interest payment
(1) The interest shall be calculated from the date when the deposit funds of Party A arrive at the account designated by Party B. If Party A transfers the funds by stages according to Article 3 of this contract, the deposit interest agreed in the contract shall be calculated according to the time when the deposit funds of Party A arrive at the account designated by Party B by stages.
(2) The formula for calculating the daily interest rate of agreed deposits is:
Daily interest rate = interest rate agreed by both parties to this contract /360.
For the specific calculation method of interest rate, see Annex II to the Contract, which has the same legal effect as the Contract.
(3) Party A and Party B agree to pay interest in the following ways:
Party B shall pay interest to Party A on a quarterly basis, and the interest shall be calculated to the 20th of the last month of each quarter, which shall be recorded as 2 1. In case of legal holidays or bank rest days, it will be postponed to the first bank working day after the legal holidays or bank rest days. Withdraw the principal at maturity, and the interest will follow the principal. If the repayment date of principal falls on a statutory holiday or bank rest day, it will be postponed to the first bank working day after the statutory holiday or bank rest day. Interest shall still be calculated and paid at the interest rate agreed in this contract on holidays or rest days. Interest payment shall be transferred to Party A's account in China People's Bank.
(IV) Party A's understanding of account opening.
Account Name: Postal Savings and Remittance Bureau of State Post Bureau
Account number:
Article 7 Repayment of principal
Party A shall provide Party B with a copy of this contract, the agreement deposit account opening certificate and relevant authorization documents 10 days before the deposit date agreed in this contract. Party B shall review the relevant documents on the principle of prudence and internal control. After the audit is correct, send a formal written notice to Party A, clearly inform Party A of the contract, agreement deposit account opening certificate, authorization documents and other details, and promise to return the principal when the contract expires. After Party A's written confirmation, Party B will transfer the principal to Party A's interest-receiving account in the People's Bank of China.
Article 8 Early withdrawal and interest
1. Unless the security of Party A's funds is affected by Paragraph 6, Paragraph 7 of Article 1, Paragraph 5 of Article 5 or Paragraph 2 of Article 11 of this Contract, or Party A has liquidity risk, Party A shall not withdraw in advance, and Party B shall not repay in advance.
2. During the performance of this contract, if Party A's interests are affected by Paragraph 6, Paragraph 7, Paragraph 5 of Article 1 or Paragraph 2 of Article 11 of this contract, or Party A has liquidity risk, Party A may require Party B to repay the agreed deposit principal and interest in advance. Party B shall, within five working days after receiving Party A's notice of early withdrawal, repay Party A the principal of the agreed deposit and the interest before the early withdrawal date ... In case of any circumstance affecting Party A's interests, such as Paragraph 6 of Article 1, Paragraph 7 of Article 1 or Paragraph 2 of Article 11, Party B shall be liable for breach of contract according to Article 12 of this contract.
Article 9 The agreed deposit place and account
Party A and Party B confirm through consultation that the specific information such as deposits and deposit accounts in _ _ _ _ _ city shall be subject to Party B's transfer instructions.
Article 10 Handling of Contract Modification and Loss Reporting
1. Either party shall not change this contract without authorization. If it is necessary to change this contract, both parties shall reach a written agreement through consultation. This contract is still valid until a written agreement is reached.
2. When Party A's agreement deposit account opening certificate is lost, it must apply to Party B for reporting the loss with a company letter. After Party B accepts it, according to the relevant regulations, it will go through the new deposit formalities after seven working days, and the loss report will take effect.
Article 11 Termination of the Contract
1. Either party shall not terminate this contract without authorization. If it is really necessary to terminate this contract, both parties shall reach a written agreement through consultation. This contract is still valid until a written agreement is reached.
2. Party A has the right to terminate this contract unilaterally under the following circumstances:
(1) Party B is in arrears in repaying the due interest for more than five days;
(2) Party B is taken over, dissolved, revoked or declared bankrupt by the competent department, or its operating condition is seriously deteriorated, and its solvency is obviously reduced, which affects the safety of Party A's funds;
(3) Party B fails to accept Party A's funds for more than ten days as agreed;
(4) If Party A fails to provide funds to Party B for more than ten days as agreed, Party A has the right to terminate this contract unilaterally, but it shall pay liquidated damages to Party B.. ..
(5) Party B fails to provide financial and accounting reports to Party A in accordance with Article 1, Paragraph 5 of this Contract.
This contract shall be terminated when Party A's notice of termination reaches Party B, and Party B has the right to require Party B to bear the liability for breach of contract in accordance with Article 12 of this contract.
Article 12 breach of contract clause
1. One party's failure to perform the obligations agreed in this contract shall be regarded as breach of contract, and the breaching party shall pay liquidated damages to the observant party as agreed in this contract. If there is no agreement, the breaching party shall compensate the observant party for the losses suffered as a result.
2. Party B guarantees to pay the loan principal and interest on time. If the principal and interest are not paid on time, Party A shall pay liquidated damages according to the actual deferred payment amount, the unpaid deposit principal and interest amount and the interest rate of 2. 1 ‰, and Party A has the right to terminate the contract according to Article 11.
3. If Party B fails to receive Party A's funds as agreed by both parties, Party B shall pay Party A a penalty of 2. 1 ‰ for each day overdue.
4. If Party A fails to provide funds to Party B as agreed by both parties, Party A shall pay Party B a penalty of two ten thousandths of the payable amount for each day overdue.
5. If either party violates the confidentiality obligations stipulated in this contract, it shall compensate the other party for the losses caused thereby.
6. If Party B fails to issue the transfer instruction within the agreed time limit, it shall pay Party A a penalty of three ten thousandths of the overdue transfer instruction.
Article 13 Responsibility for confidentiality
1. Unless otherwise stipulated by laws, regulations or rules or otherwise agreed by both parties, both parties are obliged to keep the interest rate and amount of the agreed deposit confidential.
2. Any party who discloses the relevant contents of this contract to relevant professionals (such as lawyers, accountants, etc.) due to the conclusion, performance and modification of this contract shall not be regarded as breach of contract.
Article 14 Force Majeure
In case of unforeseeable, unavoidable and insurmountable force majeure, one party shall immediately notify the other party in writing, and provide valid proof that the contract cannot be performed or partially cannot be performed or needs to be postponed within 15 days. The certification documents shall be issued by the local government department or notary office. According to the degree of force majeure, both parties shall decide through consultation whether to terminate the contract, partially exempt from the responsibility of performing the contract or postpone the performance of the contract.
Article 15 Means of communication
Any notice about this contract between Party A and Party B shall be delivered, faxed or mailed by special person. If it is delivered in person, it will be deemed to be delivered when the other party signs for it, when the fax is sent, and five days after it is delivered by mail. The communication and contact methods of both parties are as follows:
Contact address of Party A:
Postal code:
Telephone:
Fax:
Contact address of Party B:
Postal code:
Telephone:
Fax:
If one party changes its correspondence and contact address, it shall immediately notify the other party in writing.
Article 16 Settlement of disputes
This contract shall be governed by and construed in accordance with the laws of People's Republic of China (PRC). Any dispute arising from this contract shall be settled through friendly negotiation first. If negotiation fails, both parties agree that any dispute arising from or related to this contract shall be submitted to Beijing Arbitration Commission for arbitration in accordance with its arbitration rules. The arbitral award is final and binding on both parties.
Article 17 the validity of the contract and others
1. This contract shall come into effect as of the date when the legal representatives or authorized clients of both parties sign and affix their official seals. Valid until the date when Party B pays all the agreed deposit principal and interest and other payable expenses.
2. For matters not covered in this contract, Party A and Party B shall negotiate separately and sign a supplementary agreement, which is an integral part of this contract and has the same legal effect as this contract.
3. The original of this contract is in duplicate, one for each party, with the same legal effect.
Party A (official seal): _ _ _ _ _ _
Party B (official seal): _ _ _ _ _ _
Pre-deposit Contract Simplified Version 2 Party A: xxxx
Person in charge: Chairman Li.
Party B: xx County Rural Credit Cooperative Union.
Legal Representative: Director Yang.
According to the spirit of Document No.90 [2002] of China People's Bank, and in order to promote the smooth operation of both parties, Party A and Party B have signed the following time deposit contract through full consultation:
1. Within 5 days after the signing of this contract, Party B shall deposit a single time deposit of not less than RMB100000 yuan into Party A by transfer;
2. On the day when the deposit arrives, Party A will issue an appointment deposit slip according to the amount of the deposit of Party B and deliver it to Party B. ..
3. The deposit period of the agreed funds is 6 months, and the interest is calculated from the date of the deposit certificate.
4. Both parties agree that the deposit interest rate is 2.4750‰ per month. During the performance of this contract, this interest rate shall not be changed unless prohibited by national laws.
5. Party A shall pay the deposit interest to Party B on a quarterly basis. Under special circumstances, with the consent of Party B, the interest on the due deposit can also be paid, and the deposit interest will be directly transferred by Party A to the settlement account opened by Party B in Party A. ..
6. Party B shall withdraw the fixed deposit in one lump sum when it expires, or withdraw it in advance under special circumstances and notify Party A in advance. If the deposit is withdrawn in advance, the deposit interest shall be paid at the interbank interest rate.
7. When Party B uses the time deposit certificate to pledge and provide guarantee for the company and Party B's customers, Party A shall actively assist in handling relevant procedures such as nuclear charge.
Eight. Matters not covered in this contract shall be supplemented by both parties through consultation, and the supplementary agreement is an integral part of this contract.
Nine. All notices, consents and supplementary agreements issued by Party A and Party B regarding the performance of this contract shall be in written form, and affixed with the official seal or special business seal of the unit.
X this contract shall come into effect as of the date of signature by both parties, and shall be automatically terminated after the deposit is withdrawn.
XI。 This contract is made in triplicate, one for each party and one for the People's Bank of China.
Party A: xx County Sub-branch of China Agricultural Bank (seal)
Person in charge: _ _ _ _ _ _ (entrusted agent) (signature) _ _ _ _ _ _ _ _
Party B: _ County Rural Credit Cooperative Union (seal)
Legal representative _ _ _ _ _ _ _ _ _ (entrusted agent) (signature) _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
_ _ _ _ _ _ 2000
Pre-deposit Contract Simplified Edition 3 Discount Party Enterprise (Party A): _ _ _ _ _ _ _ _ _ _ _
Intermediary (Party B): the representative of the intermediary _ _ _ _ _ _ _ _ _ _ _ _ _
Article 1 Entrusting matters and specific requirements:
According to Chapter 23 of People's Republic of China (PRC) Contract Law, Party B (the intermediary) is entrusted by Party A to truthfully report the contracting opportunities and conditions or provide contracting media for Party A, For the convenience of Party A _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _. If Party A's cooperative bank accepts and signs an agreement deposit contract with it, Party A shall pay remuneration to the intermediary; If Party A's cooperative bank does not enter into a contract with the insurance company and the investor provided by Party B, it does not need to pay remuneration to the intermediary.
Article 2 Intermediate period:
The intermediary services provided by Party B for insurance companies and investors are long-term services, and the staged and staged agreement deposits of Party A's cooperative banks or other designated banks are regarded as intermediary services provided by Party B. When contacting insurance companies and investors, Party A shall not directly contact anyone other than Party B unless there is a written consent issued by Party B. ..
During the validity period of this contract, Party A shall not sign an intermediary contract for the deposit of this agreement with any individual or unit for the insurance company and investor provided by Party B again. With the continuation of this contract, this' stage' has always had legal effect.
Article 3 Calculation method and payment term of intermediary remuneration:
Party A has deposited RMB _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Party A shall pay remuneration to the intermediary in proportion to the funds received on the day when the deposit funds agreed by the insurance company arrive at Party A's cooperative bank.
Article 4 Payment methods of intermediary remuneration:
After Party A signs the deposit agreement, the insurance company shall complete the agreed total deposit amount within the time limit stipulated in the contract, and Party A shall pay the agency fee in the same proportion as the actual deposit amount on that day.
Party A shall remit the money to the account designated by Party B in cash, and the transfer fee shall be borne by Party A. ..
Article 5 Conditions for dissolution of the contract:
1。 Both parties reach an agreement on the termination of the contract;
2。 The purpose of the contract cannot be achieved due to force majeure;
Article 6 Party A's liability for breach of contract:
If Party A evades the contract or fails to pay within the payment time stipulated in the contract during the intermediary period when this contract is signed, it shall pay the actual payable amount to Party B (the intermediary), and add 5% of the liquidated damages on a daily basis, which shall also be credited to the account designated by Party B in cash in proportion to the payable amount. At the same time, Party B has the right to terminate the contract by applying for litigation property preservation and notifying Party A's cooperative bank.
Article 7 Matters not covered in this contract shall be settled by both parties through consultation, and shall be perfected in written form after reaching an agreement. This result will be taken as one of the supplementary documents to this contract and will take effect immediately after being signed and sealed by the representatives of both parties.
Article 8 The intermediary contract and the corresponding agreement deposit contract will pay the remuneration of the intermediary in place. This contract is signed by both parties in accordance with the Contract Law of People's Republic of China (PRC) and relevant laws and regulations, which is authentic, legal and effective and binding on both parties.
Article 9 Party A and Party B (intermediaries) are not responsible for each other because the main contract (referring to the agreed deposit contract) is not established.
Article 10 Settlement of contract disputes: Disputes arising from the execution of this contract shall be settled by both parties through consultation; If negotiation fails, the case shall be submitted to Beijing Arbitration Commission for arbitration.
Article 11 The above clauses are true expressions of the wishes of both parties, which are not specified in this contract. According to the contract law of People's Republic of China (PRC).
Article 12 This contract is made in quadruplicate, with Party A and Party B (including the intermediary agency) holding two copies respectively, which shall come into effect after being signed by all parties.
Party A (official seal): _ _ _ _ _ _
Party B (official seal): _ _ _ _ _ _
Simple version of deposit contract 4 Party A: _ _ _ _ _ _ _ _ _ _ _ _ _
Party B: _ _ _ _ _ _ _ _ _ _ _
_ _ _ _ _ _ _ _ _ _ Bank branches enable customers to make full use of idle funds, improve the efficiency of capital use, and provide them with convenient and efficient financial services.
Through negotiation between Party A and Party B, Party A agrees to handle the unit agreement deposit business in Party B, and the agreement is as follows:
1. Party A's account name is: _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _.
Second, the company agreed that depositors should pay interest quarterly, and if the account balance exceeds the agreed minimum retention, it will be implemented according to the agreed deposit interest rate stipulated by the People's Bank of China. The current interest rate is _ _ _ _ _% per year. If the People's Bank of China adjusts the interest rate during the agreement period, the interest will be calculated according to the agreed deposit rate announced on the settlement date or account settlement date, and the interest will be calculated according to the current interest rate announced by the People's Bank of China for the part below the agreed minimum retention.
3. If Party A's agreed deposit account is not fully settled within the agreement period, Party B shall bear interest at the current interest rate announced by the People's Bank of China on the transaction date, and deduct the original interest on the agreed deposit rate.
Four. The term of this agreement is _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _.
5. If either party fails to request in writing to terminate or modify this agreement _ _ days before the expiration date of this agreement, the term of this agreement will be automatically extended.
This agreement is made in duplicate, one for each party.
This agreement does not make any external credit certificate.
Party A (seal): _ _ _ _ Party B (seal): _ _ _ _ _ _
Authorized representative (signature): _ _ _ _ Authorized representative (signature): _ _ _ _ _
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Signing place: _ _ _ _ _ Signing place: _ _ _ _ _ _
Pre-deposit Contract Simplified Version 5 Party A: Credit Union
Party B:
According to the decision of the district committee and government, village-level finance is managed by towns (streets). In order to improve the deposit income of Party B in Party A, Party A and Party B sign this contract through consultation.
1. Party B shall open two accounts with Party A, namely settlement deposit account and agreement deposit account, and use them at the same time. The retained amount of the settlement deposit account is RMB 500,000 only.
2. The income and expenses of the agreed deposit account are all through the settlement account, that is, at the end of each business day, Party A will automatically transfer the excess balance of the settlement account to the agreed deposit account, and the amount transferred to the agreed deposit account is xxx million yuan, and the amount below xxx million yuan will not be transferred out; At the end of the business day, if the balance of the settlement account is lower than the retention quota, Party A will automatically transfer the insufficient part from the agreed deposit account to the settlement account; In the course of business, if the balance of the settlement account is insufficient to pay, Party A will voluntarily transfer the deposit in the agreed deposit account to the settlement account for payment.
Three. Interest rate: the interest rate of the settlement account is subject to the national deposit interest rate policy; The agreed deposit interest rate is 1.44%, which will be paid quarterly. In case of national interest rate adjustment during the contract period, interest shall be calculated at the new interest rate from the date of interest rate adjustment.
Four. Reward: If Party B's custody work is good, Party A will give a reward according to the interest settlement product multiplied by the interest settlement rate on the interest settlement date and the interest rate agreed by both parties multiplied by 65,438+0.98%.
5. Party B shall notify Party A three days in advance when withdrawing large amount of cash, and Party A shall guarantee to withdraw it.
6. The term of this contract is one year, and it will take effect from the date of signing. If either party fails to terminate or modify the contract on the expiration date, it will be deemed as an automatic extension.
7. This contract is made in triplicate, one for each party and one for the district credit cooperative.
Party A: Party B:
Representative of Party A: Representative of Party B:
Xx,xx,XX,XX