Guaranty Contract for Maximum Credit Line (Applicable as of the date of execution of the Credit Line Contract) Contract Number: Shen Fa Ai Guo Lu Er Bao Zi, No. 816070618016Guaranty Contract for Maximum Credit Line • January 28th, 2008 • Hong Kong Highpower Technology, Inc. • Miscellaneous electrical machinery, equipment & supplies
To guarantee the performance of the “Contract for Line of Discount on Commercial Acceptance Bills” (Shen Fa Ai Guo Lu Shang No. 816070618014, hereinafter referred to as the “Master Contract”) signed by and between Party A and Shenzhen Highpower Technology Company Limited. (“Debtor”), Party B hereby provides Party A with joint and several liability guaranty as the guarantor of the Debtor in the Master Contract. After reaching agreement through consultations, the parties hereto have entered into this contract (the “Contract”) as represented by the terms and conditions set out below:
