English Translation of an Agreement originally drafted in Mandarin Chinese) PRINCIPAL SECURED LOAN AGREEMENT OF MAXIMUM AMOUNTPrincipal Secured Loan Agreement • May 9th, 2007 • Ever-Glory International Group, Inc. • Services-engineering, accounting, research, management
To ensure the realization of creditor’s rights from Party B , the Party A would like to provide the mortgage assurance of maximum amount for a series of creditor’s rights formed between Party B and Goldenway Nanjing Garment Co,ltd. According to the relevant laws and regulations, the agreement made between the two parties is for the compliance and enforcement.
