LIMITED GUARANTYLimited Guaranty • December 10th, 2013 • Trunkbow International Holdings LTD • Services-prepackaged software • Nevada
Limited Guaranty, dated as of December 10, 2013 (this “Limited Guaranty”), by Dr. Wanchun Hou, People’s Republic of China Passport No: G34572959, and Mr. Qiang Li, People’s Republic of China Passport No: G38438782 (each, a “Guarantor” and together, the “Guarantors”), in favor of Trunkbow International Holdings Limited, a Nevada corporation (the “Guaranteed Party”). Capitalized terms used herein and not otherwise defined shall have the meanings ascribed to them in the Merger Agreement (as defined below).
