Document:

Exhibit 10.4

        English Summary of Maximum Amount
        Guarantee Agreement,

        Contract No.: (2008) Bank of China Shandong Yin Bao Zi 2089-1

        

        The Guarantor: Qingdao Free Trading Zone Sentaida International Trade Co., Ltd (“F.T.Z. Sentaida”)

        The Creditor: Bank of China Shandong Branch (“the Bank”)

        The Debtor: Kaiyang Imports & Exports Co., Ltd (“the Debtor” or “Kaiyang”)

         

        In order to ensure performance of the Underlying Contract as set forth in Section 1, the Guarantor agrees to provide guarantee to the Creditor. The Guarantor and the Creditor upon consultation have reached the following agreement for mutual observance and
        compliance.

         

        1.   There is a loan agreement entered into between Kaiyang and the Bank. That loan agreement and other
        agreements subordinated to the loan agreement are treat as the Underlying Contract
        to this Agreement. The term of the Underlying Contract is from December 15, 2008 to December 4, 2009.

        2.   The maximum amount of the principal guaranteed by the Guarantor hereunder is $12,600,000. Any interest, compound interest and
        interest penalties relating to the principal and any expenses relating to the implement
        ation of the Bank’s rights and enforcement of
        the Debtor’s and the Guarantor’s obligations are all guaranteed by the Guarantor.

        3.   The guarantee period is two years starting from the due date of the indebtedness under the Underlying Contract.

         

        4.   The Guarantor has the joint guarantee liability to the Debtor’s indebtedness under the Underlying Contract. When the Debtor is in default of its repayment obligation, the Bank has the absolute right to require the Guarantor (to assume the repayment obligation. 

        5.   The Bank has the right to transfer its rights and interests under the Underlying Contract, partially or entirely, to any affiliates of Bank of China or any other entities.TheGuarantor’s obligations hereunder shall not be affected by the transfer of the Bank’s rights.

        6.   Representations and Warranties

        The Guarantor hereby represents as follows:

        

        	 	(1	)	The Guarantor is duly organized and validly existing and legally qualified to sign and to execute this Guarantee Agreement.	 	 
	 	(2	)	The Guarantor understands the Agreement completely. The Guarantor has the power and authority to execute the Agreement.	 	 
	 	(3	)	All documents, materials and certificates provided to the Bank by the Guarantor are true, real, complete and valid.	 	 
	 	(4	)	The Guarantor accepts, cooperates and assists in the credit inspection and audit by the Bank.	 	 
	 	(5	)	The Guarantor did not conceal any material debt that it has as of the date of this Agreement.	 	 
	 	(6	)	
                    If any of following events occurred that will materially adversely impact the Guarantor’s financial condition or its ability to fulfill this Agreement, the Bank shall be informed promptly. Those events include but not limited to spin off, merger, joint venture, foreign joint venture, cooperation, jointly cooperation, dissolution, closedown, liquidation, re-organization, change in capital structure, major assets
                    or ownership transfer, major indebtedness, reduction of registered capital; impound of collateral, bankruptcy, subject to major law suit or arbitration.

                	 	 

        

        

        
            

        

         

        7.   Events of Breach contract and Settlement

               In the event of any of the following circumstances, the Guarantor shall be deemed to breach the Agreement:

         

        

        	 	(1	)	The Guarantor fails to fulfill its obligations hereunder:	 	 
	 	(2	)	The Guarantor makes false representations hereunder or breaks its warranties set forth herewithin:	 	 
	 	(3	)	
                    In the circumstances that any event set forth in Section 7(6) occurs, the Guarantor’s financial status and ability to perform the Agreement are materially adversely impacted;  

                
	 	(4	)	The Guarantor ceases operation or in the event of dissolution, withdrawn, or bankruptcy;	 	 
	 	(5	)	The Guarantor breaches other provisions with respect to the rights and obligations of the parties;	 	 
	 	(6	)	The Guarantor breaches the obligations in any contracts with the Bank or any other contracts with other respective entities associated with Bank of China.  

        

        

        If any one or more of the above-mentioned “Events of Breaching Contracts” occurs, the Bank reserves the rights to take following actions, singularly or jointly, as it deems appropriate:

        

        	 	(1	)	The Bank may request the Guarantor to correct such default within specified time frame;	 	 
	 	(2	)	The Bank may declare the decrease, suspension or termination on the credit line awarded to the Guarantor;	 	 
	 	(3	)	
                    The Bank may suspend or terminate, partially or entirely, the processing of the Guarantor’s applications and has the right to refuse the Guarantor's draw-town request or cancel the amount of the loan which has not been withdrawn;

                	 	 
	 	(4	)	
                    The Bank may declare either the entire amount or partial amount of the principal of and accrued interest in respect of other agreement with or any other financing from the Bank, to be immediately due and payable;

                	 	 
	 	(5	)	The Bank may terminate this Agreement and, partially or entirely, terminate any other existing contracts between the Bank and the Guarantor;  
	 	(6	)	The Bank may request the Guarantor to indemnify the Bank for any losses due to the Guarantor’s breach of the Agreement;	 	 
	 	(7	)	
                    The Bank has the right, with written notice to the Guarantor, to set off against the Guarantor’s cash balance deposited with Bank of China, or its affiliates, in the event of overdue principal and interest. And has the right, with written notice to the Borrower, to set off against the Borrower’s cash balance deposited with Bank of China, or its affiliates, in the event of overdue principal and
                    interest. In the case of settling between different currencies, the Lender will adopt the exchange rate quoted by the Bank of China on the day of the set off;

                	 	 
	 	(8	)	Any other actions deemed necessary by the Bank	 	 

        

        

        

        8.   No failure or delay on either party of this Agreement in exercising any power or right hereunder shall be deemed as a waiver thereof, nor shall any single or partial exercise of any such right or power preclude any other or further exercise thereof or the exercise of any other right or power hereunder.

        

        

        
            

        

         

        9.    This Agreement can be amended upon the written agreements concluded by both parties. Any amendment shall be integral part of this Agreement. Unless otherwise governed by applicable law or regulations or mutually agreed by both party, this Agreement shall
        remain in force until all rights and obligations are consummated. If any provision contained in this Agreement becomes invalid, the other part of this Agreement shall not be impaired by it.

        

        10.    This Agreement shall be governed by the relevant laws of China. Any disputes arising from the execution of, or in connection with the this Agreement shall be settled through friendly negotiation between both parties hereto. In case no settlement to disputes can be reached through friendly negotiation, the disputes shall be
        settled in accordance of the Underlying Contract. Prior to the settlement of any dispute, each party shall continue to abide by the terms that were not impacted by the disputed terms.

         

        11.    Without obtaining the written consent from the Bank, the Guarantor shall not transfer any rights and obligations hereunder to any third party.

         

        

        Qingdao Free Trading Zone Sentaida International Trade Co., Ltd

        

        /s/ Long Qin

        Seal

        December 15, 2008

        

        Bank of China, Shandong Branch

         

        Seal

        December 15, 2008Exhibit 10.5

        

        English Summary of Maximum Amount
        Guarantee Agreement

        Contract No.: YinBaozi 095018

        

        The Guarantor: Qingdao Free Trading Zone Sentaida International Trade Co., Ltd (“F.T.Z. Sentaida”)

        The Creditor: China Citic Bank Qindao Branch (“the Bank”)

        The Debtor: Qingdao Kaiyang Imports & Exports Co., Ltd

         

        In order to secure the Creditor’s right and interest under the Principal Contract, the Guarantor
        agrees to provide joint liability guarantee for the Debtor’s indebtedness. The Guarantor and the Bank upon consultation have reached the following agreement in accordance with relevant laws and regulations.

         

        

        	1.	 	 	
                    The maximum principal amount of the Debtor’s indebtedness guaranteed by the Guarantor is RMB30,000,000. Any interest, compound interest and interest penalties relating to the principal and any expenses relating to the implementation of the Bank’s rights are all guaranteed by the Guarantor.

                	 	 
	
                	
                	
                	 	
                	
                
	2.	 	 	
                    Within the maximum guaranteed, all loan agreements signed by and between the Debtor and the Bank are the Principal Contract. The term of the Principal Contract is from March 21, 2008 to March 21, 2009. The term of the Guarantee Agreement is two years starting from the due date of the indebtedness.

                	 	 
	
                	
                	
                	 	
                	
                
	3.	 	 	The Guarantor has the joint guarantee liability for the Debtor’s indebtedness under the Principal Contract. When the Debtor is in default of its repayment obligation, the Bank has the absolute right to require the Guarantor to assume the repayment obligation.	 	 
	
                	
                	
                	 	
                	
                
	4.	 	 	The Guarantor hereby represents as follows:	 	 

         

        

        	
                	 	 	 	(1	)	The Guarantor is duly organized and validly existing and legally qualified to sign and to execute this Agreement;	 	 
	
                	 	 	 	(2	)	The Agreement reflects the genuineness of assent of the Guarantor;	 	 
	
                	 	 	 	(3	)	
                    All documents, materials and certificates provided by the Guarantor are true, complete and accurate. Except as disclosed to the Bank, there is no undisclosed material indebtedness, material breach of contracts, material litigation or material arbitration of the Guarantor that may adversely affect the enforcement of the Agreement.

                	 	 

         

        5.   The Guarantor’s rights and obligations:

         

        

        	
                	 	 	 	(1	)	Provide all true and valid documents to the Bank with respect to its legal identity.	 	 
	
                	 	 	 	(2	)	
                    During the term of this Agreement, the Guarantor should give written notice to the Bank within 15 days after the Guarantor change s its domicile, name, telephone and facsimile. If the Guarantor’ s legal representative is changed, the Guarantor should inform the Bank within 7 days.

                	 	 
	
                	 	 	 	(3	)	The Guarantor should provide to the Bank its financial statements and other relevant documents periodically or upon the request from the Bank,  
	
                	 	 	 	(4	)	
                    During the term of this Agreement, the Guarantor should give written notice 30 days in advance if any of the following events occurs: common stock transferring, acquisition, change of business scope, disposition of significant amount of assets, change of registered capital, entry into material lease agreement, and the establishment of a joint venture.

                	 	 

        

        

         

        
            

        

         

        

        	
                	 	 	 	(5	)	
                    When the Debtor default its obligation and the Bank requires the Guarantor to assume the repayment obligation, the Guarantor should repay the Bank immediately after receiving the Bank’s written notice.

                	 	 
	
                	 	 	 	(6	)	
                    If the Guarantor fails to fulfill its obligation under Section 7(5), the Bank has the right to set off against the Guarantor’s cash balance deposited with the Bank or dispose the assets of the Guarantor that are legally controlled or managed by the Bank.

                	 	 
	
                	 	 	 	(7	)	
                    During the term of the Agreement, there is no need to obtain the consent of the Guarantor if the Debtor and the Bank have reached an agreement to amend the provisions of the Principal Contract unless the changes result in more obligations for the Guarantor. If the Guarantor’s obligation is increased without the Guarantor’s consent in advance, then, the Guarantor has the right to refuse to assume the
                    increased obligation.

                	 	 

        6.    During the term of the Agreement, if any of the following events
        occurs, the Bank has the right to accelerate the repayment of all the principal and request
        the Guarantor to fulfill its guarantee obligations hereunder:

        

        	
                	 	 	 	(1	)	Any indebtedness under any of the Principal Contract is due and repayment obligation is defaulted.	 	 
	
                	 	 	 	(2	)	Repayment of loan is accelerated as the parties agreed under the Principal Contract;	 	 
	
                	 	 	 	(3	)	The Guarantor’s business is terminated and dissolved or the Guarantor ’s business license is revoked;	 	 
	
                	 	 	 	(4	)	Any events happened to the Guarantor, which may have adverse impact on the Bank’s interest or equity.	 	 

        

        7.    If this Agreement is notarized by a notary public, in the event that the Guarantor is in default of its obligation s
        hereunder, the Bank has the right to require a court with the jurisdiction to
        enforce the notarized Agreement.

        

        

        

        8.     This Agreement shall be governed by the relevant laws of China. Any disputes arising from the execution of, or in connection with this Agreement shall be settled through friendly negotiation between both parties hereto. In case no settlement to disputes can be reached through friendly negotiation, the disputes shall be submitted to a court of the Bank’s domicile.

        

        Qingdao Free Trading Zone Sentaida International Trade Co., Ltd

        /s/ Qin Long

        Seal

        March 21, 2008

        

        China Citic Bank Qindao Branch

        Seal

        March 21, 2008

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