Warehouse & Storage Supervision and Management Agreement of Qilu Bank No.: Q.L.Y.L.S.D.L.C.J.Z.No.007Warehouse & Storage Supervision and Management Agreement • August 12th, 2011 • Global Pharm Holdings Group, Inc. • Wholesale-drugs, proprietaries & druggists' sundries
To guarantee the performance of No. 007 Comprehensive Credit Granting Contract of Legal Person of Qilu Bank (L.S.D.L.F.S.Z.) and No. 007 Mortgage Contract of Maximum Amount for Goods Control and Financing Of Qilu Bank (L.S.D.L.K.H.Z.G.Z.Z.) signed by Party A and Party B in 2011 (the two contracts are called “Credit Granting & Pledge Guarantee Agreement”), the pledger agrees to make its own goods stored in the warehouse of Party C as the pledge guarantee of the credit granting provided by Party A. As the agent of Party A, Party C occupies the goods and assumes the supervision obligations according to the agreement of this agreement. The agreement is made by the three parties through equal negotiation in accordance with the Contract Law of The People’s Republic of China, Guarantee Law of The People's Republic of China and relevant laws and regulations.
