GREEN FOREST MANAGEMENT CONSULTING INC.

 

FORM OF PROMISSORY NOTE

 

 

 

TWD $1,214,398,015

 

Dated: August 11, 2014

 

 

For value received, and pursuant to the Land Sale and Purchase Agreement dated
August 11, 2014, Green Forest Management Consulting Inc. promises to pay the
Sellers of certain lots of land in Zaoqiao Township and Touwu Township, Miaoli
County, Taiwan (R.O.C.), Chen, Kuan-Yu(the "Land Seller") the sum of One Billion
Two Hundred Fourteen Million Three Hundred Ninety Eight Thousand Fifteen New
Taiwan Dollars (TWD $1,214,398,015). The Land Seller's ownership interest in
this Promissory Note is detailed on Annex A to this Promissory Note.

 

The sum shall be repaid to the Land Seller on or before August 11, 2014
according to the instructions of the Land Seller.

 

Green Forest Management Consulting Inc.

 

 

By:  /s/ Chiang, Yu-Chang                   

Chiang, Yu-Chang

Director

Green Forest Management Consulting Inc.

Rm. B302C, 3F.-2, No. 185, Kewang Rd.

Longtan Township, Taoyuan County 325

Taiwan (R.O.C.)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1

 

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Annex A

 

PROMOSSORY NOTE HOLDERS

 

 

Note Holder

Land Lot

Land Number

(m2)

Total Area of Registered Land

Value of Interest (TWD)

Chen, Kuan-Yu

Dataoping Section, Zaoqiao Township, Miaoli County, Taiwan (R.O.C.)

 

65, 67, 68, 69, 72, 73, 74, 75, 76, 77, 78, 79, 80, 81-1, 81-2, 81-5, 83, 83-1,
86, 87, 87-1, 88, 529, 530, 531, 532, 533, 534, 536, 537, 538, 540, 541, 542,
580, 580-1, 582, 583, 628-1, 628-2, 628-4, 646, 646-3, 647-3, 647-4, 647-5,
647-6, 647-8, 647-11, 647-13, 647-14, 647-19, 647-21, 648, 655, 655-1, 655-2,
655-3, 655-4, 655-5, 655-8, 655-10, 655-12, 656, 657, 658, 659, 660, 661, 661-3,
662, 663, 666-1, 668-3, 670, 671, 672, 673, 674, 675, 676, 677, 678, 679, 680,
680-1, 680-2, 680-3, 680-4, 680-5, 681, 682, 683, 684, 684-1, 685, 686, 687,
687-1, 687-2, 688, 689, 691, 693, 694, 695, 695-1, 696, 697, 699, 699-1, 699-2,
699-3, 699-4, 699-12, 699-13, 699-15, 699-15, 699-19, 699-21, 699-23, 699-24,
700, 701, 703, 703-1, 711

453,294.86

463,414.86

$1,214,398,015

Laotianliao Section, Touwu Township, Miaoli County, Taiwan (R.O.C.)

19, 21, 22, 23, 24, 411, 422, 423, 425, 429, 432-2, 432-5

10,120