Ø Contract number: (2008) Shenyinsun daizi NO.017; Ø Loan principal: RMB 39 million; Ø Loan term: from October 17th, 2008 to January 17th, 2009; Ø Interest rate: fixed at 6.12%; n Penalty interest rate for delayed repayment: 6.12% plus 50% *6.12%; n...Loan Agreement • February 9th, 2009 • China Bak Battery Inc • Miscellaneous electrical machinery, equipment & supplies
n Embezzling loan (i.e. using loan proceeds for purposes other than what is agreed in the contract without the consent of the Creditor);
ContractMortgage Contract of Maximum Amount • February 9th, 2009 • China Bak Battery Inc • Miscellaneous electrical machinery, equipment & supplies
Summary of Mortgage Contract of Maximum Amount ( the “Contract”) Entered into by and between Shenzhen BAK Battery, Co., Ltd (the “Mortgager”) and Longgang Branch, Shenzhen Development Bank Co., Ltd (the “Creditor”) on December 3rd, 2008
ContractLoan Agreement • February 9th, 2009 • China Bak Battery Inc • Miscellaneous electrical machinery, equipment & supplies
Summary of Loan Agreement Entered into by and between Shenzhen BAK Battery Co., Ltd. (“the Company”) and Shenzhen Eastern Branch, Agricultural Bank of China (“the Creditor”) dated December 18th, 2008.
ContractMortgage Contract of Maximum Amount • February 9th, 2009 • China Bak Battery Inc • Miscellaneous electrical machinery, equipment & supplies
Summary of Mortgage Contract of Maximum Amount ( the “Contract”) Entered into by and between Shenzhen BAK Battery, Co., Ltd (the “Mortgager”) and Longgang Branch, Shenzhen Development Bank Co., Ltd (the “Creditor”) on December 3rd, 2008
Ø Contract number: (2008) Shenyinsun daizi NO.018; Ø Loan principal: RMB 21 million; Ø Loan term: from October 31st, 2008 to February 1st, 2009; Ø Interest rate: fixed at 6.03%; n Penalty interest rate for delayed repayment: 6.03% plus 50% *6.03%; n...Loan Agreement • February 9th, 2009 • China Bak Battery Inc • Miscellaneous electrical machinery, equipment & supplies
n Embezzling loan (i.e. using loan proceeds for purposes other than what is agreed in the contract without the consent of the Creditor);
ContractLoan Agreement • February 9th, 2009 • China Bak Battery Inc • Miscellaneous electrical machinery, equipment & supplies
Summary of Loan Agreement Entered into by and between Shenzhen BAK Battery Co., Ltd. (“the Company”) and Longgang Branch, Shenzhen Development Bank Co., Ltd (the “Creditor”) on December 16th, 2008
ContractCredit Facility Agreement • February 9th, 2009 • China Bak Battery Inc • Miscellaneous electrical machinery, equipment & supplies
Comprehensive Credit Facility Agreement of Maximum Amount (“Credit Facility Agreement”) Entered into by and between Shenzhen BAK Battery Co., Ltd (“the Debtor”) and Shenzhen Longgang Branch, Shenzhen Development Bank (the “Creditor”) Dated December 8th, 2008
ContractLoan Agreement • February 9th, 2009 • China Bak Battery Inc • Miscellaneous electrical machinery, equipment & supplies
Summary of Loan Agreement Entered into by and between Shenzhen BAK Battery Co., Ltd. (“the Company”) and Shenzhen Eastern Branch, Agricultural Bank of China (“the Creditor”) dated December 2 nd, 2008.
ContractLoan Agreement • February 9th, 2009 • China Bak Battery Inc • Miscellaneous electrical machinery, equipment & supplies
Summary of Loan Agreement Entered into by and between Shenzhen BAK Battery Co., Ltd. (“the Company”) and Shenzhen Eastern Branch, Agricultural Bank of China (“the Creditor”) dated December 15, 2008.
