aaoi_Ex10_14


		
			Exhibit 10.14
		

		
			 
		

			
					
						Promissory Note

				
	
					
						With this note, a total of  NTD 100 million

					
						 

					
						shall be paid unconditionally to             or his/her designated person on                        (Date)

					
						 

				
	
					
						And the related covenants are as follows:

					
					
						Drawer:

				
	
					
						1.

					
					
						This promissory note authorizes Taishin Bank to fill the maturity date, and exempts it from the obligations of issuing a Certificate of Protest and the notification obligation set out under Article 89 of the Law of Negotiable Instruments

					
					
						 

					
						Address:

				
	
					
						2.

					
					
						The interest rate of this promissory note shall be calculated as follows from the issuing date of this note:

					
					
						Drawer

				
	
					
						 

					
					
						☐  The basic lending rate of Taishin Bank and the additional annual percentage rate of Interests are counted flexibly.

					
						(If there are any changes or adjustments in the above-mentioned basic lending rate or the additional rate, the interests shall be counted based on the changed or adjusted rate.)

					
					
						Address:

				
	
					
						 

					
					
						☐  Others:

					
					
						Drawer

				
	
					
						 

					
					
						If the payment for the principal and interests mentioned above is delayed, 

					
					
						Address:

				
	
					
						 

					
					
						 

					
						for those delayed part with the overdue time less than six months, liquidated damages shall also be paid with, at 10% of the previously agreed interest rate; for those delayed part with the overdue time more than six months, the liquidated damages shall be paid with, at 20% of the previously agreed interest rate.

					
					
						Drawer

				
	
					
						 

					
						3.

					
					
						 

					
						Place of payment:

					
					
						 

					
						Address:

				
	
					
						 

					
						Date:  July 23, 2019

				
	
					
						Endorsee

					
					
						 

				
	
					
						Endorser

					
					
						 

				
	
					
						Endorser's address

					
					
						 

				
	
					
						Endorsement date

					
					
						 

				
	
					
						Note:

					
					
						 

				



		
			The endorser agrees that this promissory note authorizes Taishin Bank to fill the maturity date and exempts it from the obligations of issuing a Certificate of Protest and the notification obligation set out under Article 89 of the Law of Negotiable Instruments
		

		



		 




	
					
						

					
						Promissory Note

				
	
					
						With this note, a total of  USD 1 million

					
						 

					
						shall be paid unconditionally to             or his/her designated person on                        (Date)

					
						 

				
	
					
						And the related covenants are as follows:

					
					
						Drawer:

				
	
					
						1.

					
					
						This promissory note authorizes Taishin Bank to fill the maturity date, and exempts it from the obligations of issuing a Certificate of Protest and the notification obligation set out under Article 89 of the Law of Negotiable Instruments

					
					
						 

					
						Address:

				
	
					
						2.

					
					
						The interest rate of this promissory note shall be calculated as follows from the issuing date of this note:

					
					
						Drawer

				
	
					
						 

					
					
						☐  The basic lending rate of Taishin Bank and the additional annual percentage rate of Interests are counted flexibly.

					
						(If there are any changes or adjustments in the above-mentioned basic lending rate or the additional rate, the interests shall be counted based on the changed or adjusted rate.)

					
					
						Address:

				
	
					
						 

					
					
						☐  Others:

					
					
						Drawer

				
	
					
						 

					
					
						If the payment for the principal and interests mentioned above is delayed, 

					
					
						Address:

				
	
					
						 

					
					
						for those delayed part with the overdue time less than six months, liquidated damages shall also be paid with, at 10% of the previously agreed interest rate; for those delayed part with the overdue time more than six months, the liquidated damages shall be paid with, at 20% of the previously agreed interest rate.

					
					
						Drawer

				
	
					
						 

					
						3.

					
					
						 

					
						Place of payment:

					
					
						Address:

				
	
					
						 

					
						Date:  July 23, 2019

				
	
					
						Endorsee

					
					
						 

				
	
					
						Endorser

					
					
						 

				
	
					
						Endorser's address

					
					
						 

				
	
					
						Endorsement date

					
					
						 

				
	
					
						Note:

					
					
						 

				



		
			The endorser agrees that this promissory note authorizes Taishin Bank to fill the maturity date and exempts it from the obligations of issuing a Certificate of Protest and the notification obligation set out under Article 89 of the Law of Negotiable Instruments.