MAXIMUM PLEDGE CONTRACT [Seal: Hubei Minkang Pharmaceutical Co. Ltd Administration Department,] YICHANG CITY COMMERCIAL BANK First used in July 2010Maximum Pledge Contract • September 26th, 2011 • Hubei Minkang Pharmaceutical Ltd. • Crude petroleum & natural gas
To assure that Party B (or the Credit Applicant) will fully repay all debts owed to Party A under the Credit Agreement in a timely manner, Party B is willing to offer its owned or legally disposable assets as collateral. Party A, upon inspection, agrees to accept assets owned or legally disposable by Party B as collateral. Now therefore, Party A and Party B have signed this Contract, having reached consensus on the following terms and conditions through equitable consultation according to relevant laws and regulations.
