GIFTED TIME HOLDINGS LIMITED PROMISSORY NOTEPromissory Note • May 11th, 2007 • Chardan North China Acquisition Corp • Blank checks • Virgin Islands
FOR VALUE RECEIVED, GIFTED TIME HOLDINGS LIMITED, a British Virgin Islands company (“Company”), promises to pay to [______________] (“Investor”), or its registered assigns, in lawful money of the United States of America the principal sum of _________________ ($__________), or such lesser amount as shall equal the outstanding principal amount hereof, together with interest from the date of this Note on the unpaid principal balance at a rate equal to ten percent (10.0%) per annum, computed on the basis of the actual number of days elapsed and a year of 360 days.
ContractGuaranty and Pledge Agreement • May 11th, 2007 • Chardan North China Acquisition Corp • Blank checks
IN WITNESS WHEREOF, the parties hereto have caused this Guaranty and Pledge Agreement to be duly executed as of the date first written above.
