TERM SHEETTerm Sheet • February 22nd, 2012
Contract Type FiledFebruary 22nd, 2012This Term Sheet is made on [date], between HKBAN Limited located at [address], and TechVenture Limited located at [address], and outlines the principal terms of a proposed investment between the parties. With the exception of the Part B of this agreement relating to expenses, exclusively, confidentiality and expiration, this term sheet is for discussion purposes only and not a legally binding document. The proposed investment is subject to the completion of an investment agreement, the satisfactory of due diligence, a business plan agreed by Investor, and other conditions that may be specified by Investor in future.