0001144204-12-069348 Sample Contracts

Contract for Personal Property Mortgage in Maximum Amount Contract No.: [P2012M11SCSDQ0001-0009]
Chisen Electric Corp • December 21st, 2012 • Miscellaneous electrical machinery, equipment & supplies

In order to ensure the performance of RMB Capital Loan Contract concluded by Party A and B, which number is P2012M11SCSDQ0001-0003, and Joint Repayment Contract concluded (RMB Capital Loan Contract and Joint Repayment Contract shall be hereinafter referred to as main contract) by Party A, Zhejiang Chisen Electric Co., Ltd. (hereinafter referred to as the co-obligor) and Party B, which number is P2012M11SCSDQ0001-0012, and safeguard the realization of the creditor’s right of Party B, Party A shall have the willingness to provide security guarantees of the personal property mortgage in maximum amount to the debts of Party A and the co-obligor under the main contract. Party A and B make and enter into this contract through the agreed consultation, so as to jointly observe.

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Entrusted Supervision Contract of Personal Property No.: [P2012M11SCSDQ0001-0005]
Entrusted Supervision • December 21st, 2012 • Chisen Electric Corp • Miscellaneous electrical machinery, equipment & supplies
Joint Repayment Contract No.: [P2012M11SCSDQ0001-0012]
Chisen Electric Corp • December 21st, 2012 • Miscellaneous electrical machinery, equipment & supplies

Therefore, through friendly consultation, Party A, Party B and Party C (“the Parties”) enter into this Contract so that Party C acts as the joint repayer of the trust loans under the Loan Contract.

RMB Capital Loan Contract Contract No.: [P2012M11SCSDQ0001-0003] Type of loan: trust loan
Chisen Electric Corp • December 21st, 2012 • Miscellaneous electrical machinery, equipment & supplies

Whereas, Party B agrees to grant the trust loan to Party A out of the trust fund under the Fund Trust Contract for Stage 1201 of Chaowei Power and Jiangsu Chisen Trust Loan Project (hereinafter referred to as “Fund Trust Contract”, No. P2012M11SCSDQ0001-0001) with the entrustment of the Trustor, Chaowei Power Co., Ltd. (hereinafter referred to as “Trustor”), NOW, THEREFORE, the Contract is entered into by and between the Parties through negotiation with respect to Party B’s disbursement of the trust loan to Party A. Either party hereto shall abide by the Contract.

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