0001213900-22-003116 Sample Contracts

Working Capital Loan Contract
Working Capital Loan Contract • January 21st, 2022 • Erayak Power Solution Group Inc. • Motors & generators

Through mutual discussion and in accordance with national laws, regulations and policies, the lender and the borrower hereby conclude this contract.

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Working Capital Loan Contract
Working Capital Loan Contract • January 21st, 2022 • Erayak Power Solution Group Inc. • Motors & generators • Macau

Borrower: Zhejiang Leiya Electronics Co., Ltd. (hereinafter referred to as “Party A”) Address/Permanent residence address: No. 528 Binhai Fourth Boulevard, Economic and Technological Development Zone, Longwan District, Wenzhou City, Zhejiang Province Main address for correspondences: No. 528 Fourth Boulevard, Binhai Industrial Area, Wenzhou City, Zhejiang Province

Working Capital Loan Contract
Working Capital Loan Contract • January 21st, 2022 • Erayak Power Solution Group Inc. • Motors & generators

In view of the application made by the borrower, the lender has reviewed and approved the application and agreed to lend the working capital loan to the borrower. In order to confirm both parties’ rights and obligations and abide by the credit, both parties agree to enter this agreement according to the laws and regulations of the People’s Republic of China on the basis of equality and mutual discussion.

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