0001213900-19-018290 Sample Contracts

FORBEARANCE AGREEMENT
Forbearance Agreement • September 17th, 2019 • China Recycling Energy Corp • Services-business services, nec • Utah

This Forbearance Agreement (this “Agreement”) is entered into as of September 11, 2019 by and between Iliad Research and Trading, L.P., a Utah limited partnership (“Lender”), and China Recycling Energy Corporation, a Nevada corporation (“Borrower”). Capitalized terms used in this Agreement without definition shall have the meanings given to them in the Note (defined below).

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