Document:

Exhibit 4.2

 

Execution Copy

 

 

 

FIRST SUPPLEMENTAL INDENTURE 

 

between 

 

OWL ROCK TECHNOLOGY FINANCE CORP. 

 

and 

 

WELLS FARGO BANK, NATIONAL ASSOCIATION,

 

as Trustee 

 

 

 

 

Dated as of June 12, 2020

 

 

 

    

     

    

 

FIRST SUPPLEMENTAL INDENTURE

 

THIS FIRST SUPPLEMENTAL
INDENTURE (this “First Supplemental Indenture”), dated as of June 12, 2020, is between Owl Rock Technology Finance
Corp., a Maryland corporation (the “Company”), and Wells Fargo Bank, National Association, as trustee (the “Trustee”).
All capitalized terms used herein shall have the meaning set forth in the Base Indenture (as defined below) unless otherwise defined
herein.

 

RECITALS OF THE COMPANY

 

The Company and the
Trustee executed and delivered an Indenture, dated as of June 12, 2020 (the “Base Indenture” and, as supplemented
by this First Supplemental Indenture, collectively, the “Indenture”), to provide for the issuance by the Company
from time to time of the Company’s unsecured debentures, notes or other evidences of indebtedness (the “Securities”),
to be issued in one or more series as provided in the Indenture.

 

The Company desires
to issue and sell $210,000,000 aggregate principal amount of the Company’s 6.75% Notes due 2025 (the “Notes”).

 

Sections 9.01(iv) and
9.01(vi) of the Base Indenture provide that without the consent of Holders of the Securities of any series issued under the Indenture,
the Company, when authorized by or pursuant to a Board Resolution, and the Trustee, at any time and from time to time, may enter
into one or more indentures supplemental to the Base Indenture to (i) change or eliminate any of the provisions of the Indenture
when there is no Security Outstanding of any series created prior to the execution of a supplemental indenture that is entitled
to the benefit of such provision and (ii) establish the form or terms of Securities of any series as permitted by Section 2.01
and Section 3.01 of the Base Indenture.

 

The Company desires
to establish the form and terms of the Notes and to modify, alter, supplement and change certain provisions of the Base Indenture
for the benefit of the Holders of the Notes (except as may be provided in a future supplemental indenture to the Indenture (“Future
Supplemental Indenture”)).

 

The Company has duly
authorized the execution and delivery of this First Supplemental Indenture to provide for the issuance of the Notes and all acts
and things necessary to make this First Supplemental Indenture a valid, binding, and legal obligation of the Company and to constitute
a valid agreement of the Company, in accordance with its terms, have been done and performed.

 

NOW, THEREFORE, THIS INDENTURE WITNESSETH:

 

For and in consideration
of the premises and the purchase of the Notes by the Holders thereof, it is mutually agreed, for the equal and proportionate benefit
of all Holders of the Notes, as follows:

 

    1

     

    

 

ARTICLE
I

TERMS OF THE NOTES

 

Section
1.01        Terms of the Notes. The following terms relating to the Notes are
hereby established:

 

(a)           The Notes shall constitute a series of Securities having the title “6.75% Notes due 2025” and shall be designated
as Senior Securities under the Indenture. The Notes offered and sold to QIBs in reliance on Rule 144A of the Securities Act shall
bear a CUSIP number of 691205 AA6 and an ISIN number of US691205AA64 and the Notes offered and sold to Institutional “Accredited
Investors” under Rule 501(a)(1), (2), (3) or (7) under the Securities Act shall bear a CUSIP number of 691205 AB4 and an
ISIN number of US691205AB48.

 

(b)           The aggregate principal amount of the Notes that may be initially authenticated and delivered under the Indenture (except
for Notes authenticated and delivered upon registration of, transfer of, or in exchange for, or in lieu of, other Notes pursuant
to Sections 3.04, 3.05, 3.06, 9.06 or 11.07 of the Base Indenture) shall be $210,000,000. Under a Board Resolution, Officers’
Certificate pursuant to Board Resolutions or an indenture supplement, the Company may from time to time, without the consent of
the Holders of Notes, issue additional Notes (in any such case “Additional Notes”) having the same ranking and
the same interest rate, maturity, CUSIP number and other terms as the Notes (except for the issue date, offering price and, if
applicable, the initial interest payment date); provided that such Additional Notes must either (i) be issued in a
 “qualified reopening” for U.S. Federal income tax purposes, with no more than a de minimis amount of original issue
discount, or otherwise (ii)  be part of the same issue as the Notes for U.S. federal income tax purposes. Any Additional Notes
and the existing Notes will constitute a single series under the Indenture and all references to the relevant Notes herein shall
include the Additional Notes unless the context otherwise requires.

 

(c)           The entire Outstanding principal amount of the Notes shall be payable on June 30, 2025, unless earlier redeemed or repurchased
in accordance with the provisions of this First Supplemental Indenture.

 

(d)          The rate at which the Notes shall bear interest shall initially be 6.75% per annum. If the Notes receive a rating of BB+ or lower
by KBRA (or its equivalent under any successor rating categories of KBRA) (or if the Rating Agency ceases to rate the Notes for
reasons outside of the Company’s control, the equivalent investment grade credit rating from any Rating Agency selected by
the Company as a replacement Rating Agency) (an “Interest Rate Adjustment Event”), the interest rate on the
Notes shall be increased to 7.50% per annum as of the date of the Interest Rate Adjustment Event. If following an Interest Rate
Adjustment Event, the Notes receive an Investment Grade rating (an “Investment Grade Event”), the interest
rate on the Notes will be decreased to 6.75% per annum as of the date of the Investment Grade Event.

 

It
shall be the obligation of the Company to promptly notify the Trustee of any change in interest rate payable on
the Notes pursuant to this Section 1.01(d) and the date of such Interest Rate Adjustment Event or Investment Grade Event, as applicable.
Such notice shall be given by delivery to the Trustee of an Officers’ Certificate, on which the Trustee shall conclusively
rely. The Trustee shall have no obligation (i) to monitor the debt rating assigned to the Notes, (ii) to determine whether any
change to the interest rate payable on the Notes is required by this Section 1.01(d), or (iii) to determine the interest
rates applicable to the Notes.

 

    2

     

    

 

(e)           The date from which interest shall accrue on the Notes shall be June 12, 2020, or the most recent Interest Payment Date
to which interest has been paid or provided for; the Interest Payment Dates for the Notes shall be June 30 and December 30 of each
year, commencing December 30, 2020 (if an Interest Payment Date falls on a day that is not a Business Day, then the applicable
interest payment will be made on the next succeeding Business Day with the same force and effect as if made on the scheduled Interest
Payment Date and no additional interest will accrue as a result of such delayed payment); the initial interest period will be the
period from and including June 12, 2020 (or the most recent Interest Payment Date to which interest has been paid or provided for),
to, but excluding, the initial Interest Payment Date, and the subsequent interest periods will be the periods from and including
an Interest Payment Date to, but excluding, the next Interest Payment Date or the Stated Maturity, as the case may be; the interest
so payable, and punctually paid or duly provided for, on any Interest Payment Date, will be paid to the Person in whose name the
Note (or one or more predecessor Notes) is registered at the close of business on the Regular Record Date for such interest, which
shall be June 15 and December 15 (whether or not a Business Day), as the case may be, next preceding such Interest Payment Date.
Payment of principal of (and premium, if any) and any such interest on the Notes will be made at the Corporate Trust Office of
the Paying Agent, which shall initially be the Trustee, in such coin or currency of the United States of America as at the time
of payment is legal tender for payment of public and private debts; provided, however, that in the case of Notes that are not in
global form, at the option of the Company, payment of interest may be made by check mailed to the address of the Person entitled
thereto as such address shall appear in the Security Register; provided, further, however, that so long as the Notes are registered
to Cede & Co., such payment will be made by wire transfer in accordance with the procedures established by the Depository Trust
Company and the Trustee. Interest on the Notes will be computed on the basis of a 360-day year of twelve 30-day months.

 

(f)            The Notes offered and sold to QIBs in reliance on Rule 144A shall be initially issuable in global form (each such Note,
a “144A Global Note”) which, along with the Trustee’s certificate of authentication thereon shall be substantially
in the form of Exhibit A to this First Supplemental Indenture. The Notes offered and sold to Institutional “Accredited
Investors” under Rule 501(a)(1), (2), (3) or (7) under the Securities Act shall be initially issuable in global form (each
such Note, a “IAI Global Note” and together with the 144A Global Note, the “Global Notes”)
which, along with the Trustee’s certificate of authentication thereon shall be substantially in the form of Exhibit B
to this First Supplemental Indenture. Each Global Note shall represent the Outstanding Notes as shall be specified therein and
each shall provide that it shall represent the aggregate amount of Outstanding Notes from time to time endorsed thereon and that
the aggregate amount of Outstanding Notes represented thereby may from time to time be reduced or increased, as appropriate, to
reflect exchanges and redemptions. Any endorsement of a Global Note to reflect the amount of any increase or decrease in the amount
of Outstanding Notes represented thereby shall be made by the Trustee or the Security Registrar, in accordance with Sections 2.03
and 3.05 of the Base Indenture.

 

(g)           Every Note authenticated and delivered hereunder shall bear an additional legend in substantially the following form (the
 “Restricted Securities Legend”) unless and until such Restricted Securities Legend is no longer required in
accordance with Section 1.01(i) of this First Supplemental Indenture:

 

    3

     

    

 

THIS SECURITY HAS NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE SECURITIES
LAWS. NEITHER THIS SECURITY NOR ANY INTEREST OR PARTICIPATION HEREIN MAY BE REOFFERED, SOLD, ASSIGNED, TRANSFERRED, PLEDGED, ENCUMBERED
OR OTHERWISE DISPOSED OF IN THE ABSENCE OF SUCH REGISTRATION OR UNLESS SUCH TRANSACTION IS EXEMPT FROM, OR NOT SUBJECT TO, THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT.

 

THE HOLDER OF
THIS SECURITY BY ITS ACCEPTANCE HEREOF (1) REPRESENTS THAT IT IS [A “QUALIFIED INSTITUTIONAL BUYER” (AS
DEFINED IN RULE 144A UNDER THE SECURITIES ACT (“RULE 144A”))]/[AN INSTITUTIONAL “ACCREDITED
INVESTOR” WITHIN THE MEANING OF RULE 501(a)(1), (2), (3) OR (7) UNDER THE SECURITIES ACT THAT IS NOT A
 “QUALIFIED INSTITUTIONAL BUYER” (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT (“RULE
144A”))] AND (2) AGREES TO OFFER, SELL OR OTHERWISE TRANSFER SUCH SECURITY, PRIOR TO THE DATE (THE “RESALE
RESTRICTION TERMINATION DATE”) WHICH IS ONE YEAR (OR SUCH OTHER DATE WHEN RESALES OF SECURITIES BY NON-AFFILIATES
ARE FIRST PERMITTED UNDER RULE 144(d)) AFTER THE LATER OF THE ORIGINAL ISSUE DATE HEREOF (OR ANY PREDECESSOR OF THIS
SECURITY) OR THE DATE OF ANY SUBSEQUENT REOPENING OF THE SECURITIES AND THE LAST DATE ON WHICH THE COMPANY OR ANY AFFILIATE
OF THE COMPANY WAS THE OWNER OF THIS SECURITY (OR ANY PREDECESSOR OF SUCH SECURITY), ONLY (A) TO THE COMPANY OR ANY OF ITS
SUBSIDIARIES, (B) PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN DECLARED EFFECTIVE UNDER THE SECURITIES ACT, (C) FOR SO
LONG AS THE SECURITIES ARE ELIGIBLE FOR RESALE PURSUANT TO RULE 144A, TO A PERSON IT REASONABLY BELIEVES IS A QUALIFIED
INSTITUTIONAL BUYER THAT PURCHASES FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF A QUALIFIED INSTITUTIONAL BUYER TO WHOM NOTICE
IS GIVEN THAT THE TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A, (D) TO AN INSTITUTIONAL “ACCREDITED INVESTOR”
WITHIN THE MEANING OF RULE 501(a)(1), (2), (3) OR (7) UNDER THE SECURITIES ACT THAT IS NOT A QUALIFIED INSTITUTIONAL BUYER
AND THAT IS PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF ANOTHER INSTITUTIONAL ACCREDITED INVESTOR, OR (E) PURSUANT
TO ANOTHER AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND THE SECURITIES LAWS OF ANY OTHER
JURISDICTION, INCLUDING ANY STATE OF THE UNITED STATES, SUBJECT TO THE COMPANY’S AND THE TRUSTEE’S RIGHT PRIOR TO
ANY SUCH OFFER, SALE OR TRANSFER TO REQUIRE THE DELIVERY OF AN OPINION OF COUNSEL SATISFACTORY TO EACH OF THEM AND/OR A
CERTIFICATE OF TRANSFER OR EXCHANGE IN THE FORM PRESCRIBED IN THE INDENTURE. THIS LEGEND WILL BE REMOVED UPON THE REQUEST OF
THE HOLDER AFTER THE RESALE RESTRICTION TERMINATION DATE.

 

    4

     

    

 

(h)          With respect to any proposed registration of transfer of any Note prior to (x) the date which is one year (or such other
date when resales of securities by non-Affiliates are first permitted under Rule 144(d) of the Exchange Act) after the later of
the date of the original issue date of the applicable Notes or the date of any subsequent reopening of such Notes and the last
date on which the Company or any of the Company’s Affiliates were the owner of such Notes (or any predecessor thereto) or
(y) such later date, if any, as may be required by applicable law (the “Resale Restriction Termination Date”),
the Holder of such Note and each subsequent Holder thereof shall offer, sell, or otherwise transfer such Note only (i) to the Company
or any of the Company’s Subsidiaries, (ii) pursuant to a registration statement which has become effective under the Securities
Act, (iii) for so long as such Note is eligible for resale pursuant to Rule 144A, to a Person it reasonably believes is a QIB that
purchases for its own account or for the account of a QIB to whom notice is given that the transfer is being made in reliance on
Rule 144A, (iv) to an institutional “accredited investor” within the meaning of Rule
501(a)(1), (2), (3) or (7) under the Securities Act that is purchasing for its own account or for the account of such an institutional
 “accredited investor” or (v) pursuant to any other available exemption from the registration requirements of
the Securities Act; in each of the foregoing cases subject to any requirements of law that the disposition of its property or the
property of such investor account or accounts be at all times within its or their control and in compliance with any applicable
state securities laws. The foregoing restrictions on resale will not apply subsequent to the Resale Restriction Termination Date.

 

(i)            Upon the transfer or replacement of a Global Note (or beneficial interest therein) not bearing a Restricted Securities Legend
(an “Unrestricted Global Note”) the Trustee shall deliver an Unrestricted Global Note (or beneficial interest
therein) and upon the transfer or replacement of a definitive Note not bearing a Restricted Securities Legend (an “Unrestricted
Definitive Note”), the Trustee shall deliver an Unrestricted Definitive Note. Upon the transfer, exchange, or replacement
of a Global Note (or beneficial interest therein) bearing a Restricted Securities Legend (a “Restricted Global Note”)
the Trustee shall deliver only a Restricted Global Note (or beneficial interest therein) and upon the transfer, exchange or replacement
of a definitive Note bearing a Restricted Securities Legend (a “Restricted Definitive Note”), the Trustee shall
deliver only Restricted Definitive Notes unless, in each case, (i) a Note is being transferred pursuant to an effective registration
statement, (ii) Notes are being exchanged for Notes that do not bear the Restricted Securities Legend in accordance with the following
paragraph, or (iii) there is delivered to the Trustee an Opinion of Counsel satisfactory to it stating that neither such legend
nor the related restrictions on transfer are required in order to maintain compliance with the provisions of the Securities Act,
upon which opinion the Trustee may conclusively rely. Any Notes sold in a registered offering shall not be required to bear the
Restricted Securities Legend.

 

Upon
the Company’s satisfaction that the Restricted Securities Legend shall no longer be required in order to maintain compliance
with the Securities Act, beneficial interests in a Restricted Global Note may be automatically exchanged into beneficial interests
in an Unrestricted Global Note without any action required by or on behalf of the Holder (the “Automatic Exchange”)
at any time on or after the date that is the 366th calendar day after the later of the date of the original issue date of
the applicable Notes or the date of any subsequent reopening of such Notes, or in each case, if such day is not a Business Day,
on the next succeeding Business Day.

 

    5

     

    

 

Upon the Company’s
satisfaction that the Restricted Securities Legend shall no longer be required in order to maintain compliance with the Securities
Act, the Company may cause the Restricted Securities Legend to be removed by (i) providing the Depositary an instruction letter
for the Depositary’s mandatory exchange process (or any successor notice, form, or action required pursuant to the Depositary’s
applicable procedures) to the extent required; (ii) providing written notice to the Trustee (x) instructing the Trustee to
take any actions as may be necessary so that the Restricted Securities Legend set forth on the Global Notes shall be deemed removed
from the Global Notes in accordance with the terms and conditions of the Notes and the Indenture, without further action on the
part of Holders and (y) instructing the Trustee to take any actions as may be necessary so that the restricted CUSIP number
for the Notes shall be removed from the Global Notes and replaced with an unrestricted CUSIP number; and (iii) on or prior to the
effective date of the Automatic Exchange (such date, the “Automatic Exchange Date”), deliver to the Trustee
for authentication one or more Unrestricted Global Notes, duly executed by the Company, in an aggregate principal amount equal
to the aggregate principal amount of Restricted Global Notes to be exchanged into such Unrestricted Global Notes. The Restricted
Global Note from which beneficial interests are transferred pursuant to an Automatic Exchange shall be cancelled following the
Automatic Exchange.

 

Any definitive Note
delivered in exchange for an interest in a Global Note pursuant to Sections 2.04 and 3.05 of the Base Indenture shall bear the
applicable legend regarding transfer restrictions applicable thereto set forth in this Section 1.01 of this First Supplemental
Indenture unless (i) the Global Note is an Unrestricted Global Note, or (ii) there is delivered to the Trustee an Opinion of Counsel
satisfactory to it stating that neither such legend nor the related restrictions on transfer are required in order to maintain
compliance with the provisions of the Securities Act, upon which opinion the Trustee may conclusively rely.

 

The Trustee shall have
no obligation or duty to monitor, determine or inquire as to compliance with any restrictions on transfer imposed under this Indenture
or under applicable law with respect to any transfer of any interest in any Note other than to require delivery of such certificates
and other documentation or evidence as are expressly required by, and to do so if and when expressly required by, the terms of
this First Supplemental Indenture and any Notes, and to examine the same to determine substantial compliance as to form with the
express requirements hereof.

 

All certifications,
certificates and Opinions of Counsel required to be submitted to the Registrar pursuant to this Section 1.01 of this First Supplemental
Indenture to effect a registration of transfer or exchange may be submitted by facsimile.

 

(j)            The depositary for such Global Notes shall be the Depositary Custodian. The Security Registrar with respect to the Global
Notes shall be the Trustee.

 

(k)           The Notes shall be defeasible pursuant to Section 14.02 or Section 14.03 of the Base Indenture. Covenant defeasance
contained in Section 14.03 of the Base Indenture shall apply to the covenants contained in Sections 10.07, 10.08, and 10.09
of the Indenture.

 

    6

     

    

 

(l)            The Notes shall be redeemable pursuant to Section 11.01 of the Base Indenture and as follows:

 

(i)          The Notes will be redeemable, in whole or in part, at any time, or from time to time, at the option of the Company, at a
Redemption Price equal to the greater of the following amounts, plus, in each case, accrued and unpaid interest to, but excluding,
the Redemption Date:

 

A.               
100% of the principal amount of the Notes to be redeemed,

 

or

 

B.                
the sum of the present values of the remaining scheduled payments of principal and interest (exclusive of accrued and unpaid
interest to the Redemption Date) on the Notes to be redeemed, discounted to the Redemption Date on a semi-annual basis (assuming
a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis points;

 

provided,
however, that if the Company redeems any Notes on or after May 30, 2025, the Redemption Price for the Notes will be equal to 100%
of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the Redemption
Date.

 

For purposes
of calculating the Redemption Price in connection with the redemption of the Notes, on any Redemption Date, the following terms
have the meanings set forth below:

 

“Treasury
Rate” means, with respect to any Redemption Date, the rate per annum equal to the semi-annual equivalent yield-to-maturity
of the Comparable Treasury Issue (computed as of the third Business Day immediately preceding the redemption), assuming a price
for the Comparable Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for
such Redemption Date. The Redemption Price and the Treasury Rate will be determined by the Company.

 

“Comparable
Treasury Issue” means the United States Treasury security selected by the Reference Treasury Dealer as having a maturity
comparable to the remaining term of the Notes to be redeemed that would be utilized, at the time of selection and in accordance
with customary financing practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term
of the Notes being redeemed.

 

“Comparable
Treasury Price” means (1) the average of the remaining Reference Treasury Dealer Quotations for the Redemption Date,
after excluding the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Quotation Agent obtains fewer than
four such Reference Treasury Dealer Quotations, the average of all such quotations.

 

“Quotation
Agent” means a Reference Treasury Dealer selected by the Company.

 

“Reference
Treasury Dealer” means each of (1) SMBC Nikko Securities America, Inc. and a primary U.S. government securities dealer
selected by MUFG Securities Americas Inc., or their respective affiliates which are primary U.S. government securities dealers
in the United States (a “Primary Treasury Dealer”) and their respective successors; provided, however,
that if any of the foregoing or their affiliates shall cease to be a Primary Treasury Dealer, the Company shall select another
Primary Treasury Dealer and (2) two other Primary Treasury Dealers selected by the Company.

 

    7

     

    

 

“Reference
Treasury Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average,
as determined by the Quotation Agent, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as
a percentage of its principal amount) quoted in writing to the Quotation Agent by such Reference Treasury Dealer at 3:30 p.m. New York
time on the third Business Day preceding such Redemption Date.

 

All determinations
made by any Reference Treasury Dealer, including the Quotation Agent, with respect to determining the Redemption Price will be
final and binding absent manifest error.

 

(ii)         Notice of redemption shall be given in writing and mailed, first-class postage prepaid or by overnight courier guaranteeing
next-day delivery, or sent electronically in accordance with Applicable Procedures with respect to Notes in global form, to each
Holder of the Notes to be redeemed, not less than 30 nor more than 60 days prior to the Redemption Date, at the Holder’s
address appearing in the Security Register. All notices of redemption shall contain the information set forth in Section 11.04
of the Base Indenture. If the Redemption Price is not known at the time such notice is to be given, the actual Redemption Price,
calculated as described in the terms of the Notes, will be set forth in an Officers’ Certificate of the Company delivered
to the Trustee no later than two Business Days prior to the Redemption Date.

 

(iii)        Any exercise of the Company’s option to redeem the Notes will be done in compliance with the Investment Company Act,
to the extent applicable.

 

(iv)        If the Company elects to redeem only a portion of the Notes, the particular Notes to be redeemed will be selected by the
Trustee on a pro rata basis to the extent practicable, or, if a pro rata basis is not practicable for any reason,
by lot or in such other manner as the Trustee shall deem fair and appropriate, and in any case in accordance with the applicable
procedures of the Depositary and in accordance with the Investment Company Act as directed by the Company; provided, however,
that no such partial redemption shall reduce the portion of the principal amount of a Note not redeemed to less than $2,000.

 

(v)        Unless the Company defaults in payment of the Redemption Price, on and after the Redemption Date, interest will cease to
accrue on the Notes called for redemption hereunder.

 

(m)          The Notes shall not be subject to any sinking fund pursuant to Section 12.01 of the Base Indenture.

 

(n)           The Notes shall be issuable in denominations of $2,000 and integral multiples of $1,000 in excess thereof.

 

(o)           Holders of the Notes will not have the option to have the Notes repaid prior to the Stated Maturity other than in accordance
with Article Thirteen of the Indenture.

 

    8

     

    

 

ARTICLE
II

DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

 

Section
2.01       Except as may be provided in a Future Supplemental Indenture, for the benefit
of the Holders of the Notes but no other series of Securities under the Indenture, whether now or hereafter issued and Outstanding,
Article One of the Base Indenture shall be amended by adding the following defined terms to Section 1.01 of the Base Indenture
in appropriate alphabetical sequence, as follows:

 

“Below Investment
Grade Rating Event” means the Notes are downgraded below Investment Grade by the Rating Agency on any date from the date
of the public notice of an arrangement that results in a Change of Control until the end of the 60-day period following public
notice of the occurrence of a Change of Control (which period shall be extended so long as the rating of the Notes is under publicly
announced consideration for possible downgrade by the Rating Agency); provided that a Below Investment Grade Rating Event
otherwise arising by virtue of a particular reduction in rating shall not be deemed to have occurred in respect of a particular
Change of Control (and thus shall not be deemed a Below Investment Grade Rating Event for purposes of the definition of Change
of Control Repurchase Event hereunder) if the Rating Agency making the reduction in rating to which this definition would otherwise
apply do not announce or publicly confirm or inform the Company in writing that the reduction was the result, in whole or in part,
of any event or circumstance comprised of or arising as a result of, or in respect of, the applicable Change of Control (whether
or not the applicable Change of Control shall have occurred at the time of the Below Investment Grade Rating Event).

 

“Change of
Control” means the occurrence of any of the following:

 

(1)         the direct or indirect sale, lease, transfer, conveyance or other disposition (other than by way of merger or consolidation)
in one or a series of related transactions, of all or substantially all of the assets of the Company and its Controlled Subsidiaries
taken as a whole to any “person” or “group” (as those terms are used in Section 13(d)(3) of the Exchange
Act), other than to any Permitted Holders; provided that, for the avoidance of doubt, a pledge of assets pursuant to any
secured debt instrument of the Company or its Controlled Subsidiaries shall not be deemed to be any such sale, lease, transfer,
conveyance or disposition;

 

(2)         the consummation of any transaction (including, without limitation, any merger or consolidation) the result of which is
that any “person” or “group” (as those terms are used in Section 13(d)(3) of the Exchange Act) (other
than any Permitted Holders) becomes the “beneficial owner” (as defined in Rules 13d-3 and 13d-5 under the Exchange
Act), directly or indirectly, of more than 50% of the outstanding Voting Stock of the Company, measured by voting power rather
than number of shares; or

 

(3)         the approval by the Company’s stockholders of any plan or proposal relating to the liquidation or dissolution of the
Company.

 

    9

     

    

 

“Change of
Control Repurchase Event” means the occurrence of a Change of Control and a Below Investment Grade Rating Event.

 

“Controlled
Subsidiary” means any Subsidiary of the Company, 50% or more of the outstanding equity interests of which are owned by
the Company and its direct or indirect Subsidiaries and of which the Company possesses, directly or indirectly, the power to direct
or cause the direction of the management or policies, whether through the ownership of voting equity interests, by agreement or
otherwise.

 

“Depositary”
means, with respect to each Note in global form, The Depository Trust Company, until a successor shall have been appointed and
becomes such person, and thereafter, Depositary shall mean or include such successor.

 

“Investment
Grade” means a rating of BBB- or better by KBRA (or its equivalent under any successor rating categories of KBRA) (or
if such Rating Agency ceases to rate the Notes for reasons outside of the Company’s control, the equivalent investment grade
credit rating from any Rating Agency selected by the Company as a replacement Rating Agency).

 

“KBRA”
means Kroll Bond Rating Agency or any successor thereto.

 

“Permitted
Holders” means (i) the Company, (ii) one or more of the Company’s Controlled Subsidiaries and (iii) Owl
Rock Technology Advisors LLC, any Affiliate of Owl Rock Technology Advisors LLC that is organized under the laws of a jurisdiction
located in the United States of America and in the business of managing or advising clients.

 

“Rating Agency”
means (1) KBRA; and (2) if KBRA ceases to rate the Notes or fails to make a rating of the Notes publicly available for
reasons outside of the Company’s control, a “nationally recognized statistical rating organization” as defined
in Section 3(a)(62) of the Exchange Act selected by the Company as a replacement agency for KBRA.

 

“QIB”
means any “qualified institutional buyer” as such term is defined in Rule 144A under the Securities Act.

 

“Securities
Act” means the U.S. Securities Act of 1933, as amended, and the rules and regulations of the Commission promulgated thereunder,
as amended.

 

“Significant
Subsidiary” means any Subsidiary that would be a “significant subsidiary” as defined in Article 1, Rule 1-02
of Regulation S-X under the Exchange Act, as such regulation is in effect on the original date of this Indenture (but excluding
any Subsidiary which is (a) a non-recourse or limited recourse Subsidiary, (b) a bankruptcy remote special purpose vehicle
or (c) not consolidated with the Company for purposes of GAAP).

 

“Voting Stock”
as applied to stock of any Person, means shares, interests, participations or other equivalents in the equity interest (however
designated) in such Person having ordinary voting power for the election of a majority of the directors (or the equivalent) of
such Person, other than shares, interests, participations or other equivalents having such power only by reason of the occurrence
of a contingency.

 

    10

     

    

 

ARTICLE
III

REMEDIES

 

Section
3.01       Except as may be provided in a Future Supplemental Indenture, for the benefit
of the Holders of the Notes but no other series of Securities under the Indenture, whether now or hereafter issued and Outstanding,
Section 5.01 of the Base Indenture shall be amended by replacing clause (ii) thereof with the following:

 

		“(ii)	default in the payment of the principal of (or premium, if any, on) any Note when it becomes due and payable at its Maturity, including upon any Redemption Date or required repurchase date; or”

 

Section
3.02        Except as may be provided in a Future Supplemental Indenture, for the benefit
of the Holders of the Notes but no other series of Securities under the Indenture, whether now or hereafter issued and Outstanding,
Section 5.01 of the Base Indenture shall be amended by adding the following language as clause (ix):

 

		“(ix):	default by the Company or any of its Significant Subsidiaries, with respect to any mortgage, agreement or other instrument under which there may be outstanding, or by which there may be secured or evidenced, any indebtedness for money borrowed in excess of $100 million in the aggregate of the Company and/or any such Significant Subsidiary, whether such indebtedness now exists or shall hereafter be created (i)resulting in such indebtedness becoming or being declared due and payable or (ii)constituting a failure to pay the principal or interest of any such debt when due and payable at its stated maturity, upon required repurchase, upon declaration of acceleration or otherwise, unless, in either case, such indebtedness is discharged, or such acceleration is rescinded, stayed or annulled, within a period of 30 calendar days after written notice of such failure is given to the Company by the Trustee or to the Company and the Trustee by the Holders of at least 25% in aggregate principal amount of the Notes then Outstanding.”

 

Section
3.03        Except as may be provided in in a Future Supplemental Indenture, for the
benefit of the Holders of the Notes but no other series of Securities under the Indenture, whether now or hereafter issued and
Outstanding, Section 5.02 of the Base Indenture shall be amended by replacing the first paragraph of Section 5.02 with the
following:

 

“If an Event of Default
with respect to the Notes occurs and is continuing, then and in every such case (other than an Event of Default specified in Section 5.01(v) or
5.01(vi)), the Trustee or the Holders of not less than 25% in principal amount of the Outstanding Notes may declare the principal
of all the Outstanding Notes to be due and payable immediately, by a notice in writing to the Company (and to the Trustee if given
by the Holders), and upon any such declaration such principal shall become immediately due and payable; provided that 100%
of the principal of, and accrued and unpaid interest on, the Notes will automatically become due and payable in the case of an
Event of Default specified in Section 5.01(v) or 5.01(vi) hereof.”

 

    11

     

    

 

ARTICLE
IV

COVENANTS

 

Section
4.01        Except as may be provided in a Future Supplemental Indenture, for the benefit
of the Holders of the Notes but no other series of Securities under the Indenture, whether now or hereafter issued and Outstanding,
Article Ten of the Base Indenture shall be amended by adding the following new Sections 10.07, 10.08, and 10.09 thereto, each as
set forth below:

 

“Section 10.07   
Section 18(a)(1)(A) of the Investment Company Act.

 

The Company hereby
agrees that for the period of time during which Notes are Outstanding, the Company will not violate, whether or not it is subject
to, Section 18(a)(1)(A) as modified by Section 61(a) of the Investment Company Act or any successor provisions
thereto of the Investment Company Act, giving effect to any exemptive relief granted to the Company by the Commission.”

 

“Section 10.08   
Commission Reports and Reports to Holders.

 

If, at any time, the
Company is not subject to the reporting requirements of Sections 13 or 15(d) of the Exchange Act to file any periodic reports
with the Commission, the Company agrees to furnish to the Holders of Notes and the Trustee for the period of time during which
the Notes are Outstanding: (i) within 90 days after the end of the each fiscal year of the Company, audited annual consolidated
financial statements of the Company and (ii) within 45 days after the end of each fiscal quarter of the Company (other than
the Company’s fourth fiscal quarter), unaudited interim consolidated financial statements of the Company. All such financial
statements shall be prepared, in all material respects, in accordance with GAAP, as applicable.

 

Delivery of such reports,
information, and documents to the Trustee is for informational purposes only and the Trustee’s receipt of such shall not
constitute actual or constructive notice of any information contained therein or determinable from information contained therein,
including the Company’s compliance with any of its covenants hereunder (as to which the Trustee is entitled to conclusively
rely exclusively on Officers’ Certificates).”

 

“Section 10.09   
144A Information.

 

If, at any time, the
Company is not subject to the reporting requirements of Sections 13 or 15(d) of the Exchange Act to file any periodic reports
with the Commission, the Company will, so long as any of the Notes, at such time, are Outstanding and constitute “restricted
securities” within the meaning of Rule 144 under the Securities Act, furnish to the Holders of the Notes and prospective
investors, upon their request, the information required to be delivered pursuant to Rule 144A(d)(4) under the Securities Act.”

ARTICLE
V

THE TRUSTEE

 

Section
5.01       Neither the Trustee nor any Paying Agent shall be responsible for determining
whether any Change of Control, Below Investment Grade Rating Event, Interest Rate Adjustment Event or Investment Grade Event has
occurred and whether any Change of Control offer with respect to the Notes is required.

 

    12

     

    

 

ARTICLE
VI

OFFER TO REPURCHASE UPON A CHANGE OF CONTROL REPURCHASE EVENT

 

Section
6.01       Except as may be provided in a Future Supplemental Indenture, for the benefit
of the Holders of the Notes but no other series of Securities under the Indenture, whether now or hereafter issued and Outstanding,
Article Thirteen of the Base Indenture shall be amended by replacing Sections 13.01 to 13.05 thereto with the following:

 

“Section 13.01   Change
of Control.

 

If a Change of Control
Repurchase Event occurs, unless the Company shall have exercised its right to redeem the Notes in full, the Company shall make
an offer to each Holder of the Notes to repurchase all or any part (in minimum denominations of $2,000 and integral multiples of
$1,000 principal amount thereabove) of that Holder’s Notes at a repurchase price in cash equal to 100% of the aggregate principal
amount of Notes repurchased plus any accrued and unpaid interest on the Notes repurchased to, but not including, the date of purchase.
Within 30 days following any Change of Control Repurchase Event or, at the Company’s option, prior to any Change of Control,
but after the public announcement of the Change of Control, the Company will send a notice to each Holder and the Trustee describing
the transaction or transactions that constitute or may constitute the Change of Control Repurchase Event and offering to repurchase
Notes on the payment date specified in the notice, which date will be no earlier than 30 days and no later than 60 days from the
date such notice is sent. The notice shall, if sent prior to the date of consummation of the Change of Control, state that the
offer to purchase is conditioned on the Change of Control Repurchase Event occurring on or prior to the payment date specified
in the notice. The Company shall comply with the requirements of Rule 14e-1 under the Exchange Act and any other securities laws
and regulations thereunder to the extent those laws and regulations are applicable in connection with the repurchase of the Notes
as a result of a Change of Control Repurchase Event.

 

To the extent that
the provisions of any securities laws or regulations conflict with this Section 13.01, the Company shall comply with the applicable
securities laws and regulations and shall not be deemed to have breached its obligations under this Section 13.01 by virtue
of such conflict.

 

On the Change of Control
Repurchase Event payment date, subject to extension if necessary to comply with the provisions of the Investment Company Act, the
Company shall, to the extent lawful:

 

(1)         accept for payment all Notes or portions of Notes properly tendered pursuant to its offer;

 

(2)         deposit with the Paying Agent an amount equal to the aggregate purchase price in respect of all Notes or portions of Notes
properly tendered; and

 

    13

     

    

 

(3)         deliver or cause to be delivered to the Trustee the Notes properly accepted, together with an Officers’ Certificate
stating the aggregate principal amount of Notes being purchased by the Company.

 

The Paying Agent will
promptly remit to each Holder of Notes properly tendered the purchase price for the Notes, and the Trustee will promptly authenticate
upon receipt of a Company Order and mail (or cause to be transferred by book-entry) to each Holder a new Note equal in principal
amount to any unpurchased portion of any Notes surrendered; provided that each new Note will be in a minimum principal amount
of $2,000 or an integral multiple of $1,000 in excess thereof.

 

If any Repayment Date
upon a Change of Control Repurchase Event falls on a day that is not a Business Day, then the required payment will be made on
the next succeeding Business Day and no additional interest will accrue as a result of such delayed payment.

 

The Company will not
be required to make an offer to repurchase the Notes upon a Change of Control Repurchase Event if a third party makes an offer
in respect of the Notes in the manner, at the time and otherwise in compliance with the requirements for an offer made by the Company
and such third party purchases all Notes properly tendered and not withdrawn under its offer.”

 

ARTICLE
VII

 MISCELLANEOUS

 

Section
7.01        This First Supplemental Indenture and the Notes shall be governed by and
construed in accordance with the laws of the State of New York, without regard to principles of conflicts of laws that would cause
the application of laws of another jurisdiction. This First Supplemental Indenture is subject to the provisions of the Trust Indenture
Act that are required to be part of the Indenture and shall, to the extent applicable, be governed by such provisions. If any provision
of the Indenture limits, qualifies or conflicts with the duties imposed by Section 318(c) of the Trust Indenture Act, the
imposed duties will control.

 

Section
7.02        In case any provision in this First Supplemental Indenture or in the Notes
shall be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in
any way be affected or impaired thereby.

 

Section
7.03      This First Supplemental Indenture may be executed in any number of counterparts,
each of which will be an original, but such counterparts will together constitute but one and the same First Supplemental Indenture.
The exchange of copies of this First Supplemental Indenture and of signature pages by facsimile, .pdf transmission, email or other
electronic means shall constitute effective execution and delivery of this First Supplemental Indenture for all purposes. Signatures
of the parties hereto transmitted by facsimile, .pdf transmission, email or other electronic means shall be deemed to be their
original signatures for all purposes.

 

Section
7.04        The Base Indenture, as supplemented and amended by this First Supplemental
Indenture, is in all respects ratified and confirmed, and the Base Indenture and this First Supplemental Indenture shall be read,
taken and construed as one and the same instrument with respect to the Notes. All provisions included in this First Supplemental
Indenture supersede any conflicting provisions included in the Base Indenture with respect to the Notes, unless not permitted by
law. The Trustee accepts the trusts created by the Indenture, as supplemented by this First Supplemental Indenture, and agrees
to perform the same upon the terms and conditions of the Indenture, as supplemented by this First Supplemental Indenture. All of
the provisions contained in the Base Indenture in respect of the rights, privileges, immunities, powers, and duties of the Trustee
shall be applicable in respect of this First Supplemental Indenture as fully and with like force and effect as though fully set
forth in full herein.

 

Section
7.05        The provisions of this First Supplemental Indenture shall become effective
as of the date hereof.

 

Section
7.06        Notwithstanding anything else to the contrary herein, the terms and provisions
of this First Supplemental Indenture shall apply only to the Notes and shall not apply to any other series of Securities under
the Indenture and this First Supplemental Indenture shall not and does not otherwise affect, modify, alter, supplement or change
the terms and provisions of any other series of Securities under the Indenture, whether now or hereafter issued and Outstanding.

 

Section
7.07      The recitals contained herein and in the Notes shall be taken as the statements
of the Company, and the Trustee assumes no responsibility for their correctness. The Trustee makes no representations as to and
shall not be responsible for the validity or sufficiency of this First Supplemental Indenture, the Notes or any Additional Notes,
except that the Trustee represents that it is duly authorized to execute and deliver this First Supplemental Indenture, authenticate
the Notes and any Additional Notes and perform its obligations hereunder. The Trustee shall not be accountable for the use or application
by the Company of the Notes or any Additional Notes or the proceeds thereof.

 

    14

     

    

IN WITNESS WHEREOF,
the parties hereto have caused this First Supplemental Indenture to be duly executed as of the date first above written.

 

	 	OWL ROCK TECHNOLOGY FINANCE CORP.
	 	 
	 	 
	 	/s/
    Alan Kirshenbaum
	 	Name:	 Alan Kirshenbaum
	 	Title:	 Chief Operating Officer
	 	 
	 	 
	 	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
	 	 
	 	 
	 	/s/
    Stefan Victory
	 	Name:	 Stefan Victory
	 	Title: 	Vice President

 

[Signature Page to First Supplemental Indenture]

 

    	 		 

     

    

 

Exhibit A – Form of 144A Global
Note

 

THIS SECURITY IS A
GLOBAL NOTE WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITORY TRUST COMPANY
OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED, AND NO TRANSFER OF THIS
SECURITY IN WHOLE OR IN PART MAY BE REGISTERED, IN THE NAME OF ANY PERSON OTHER THAN THE DEPOSITORY TRUST COMPANY OR A NOMINEE
THEREOF, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE.

 

Unless this certificate
is presented by an authorized representative of The Depository Trust Company to the issuer or its agent for registration of transfer,
exchange or payment and such certificate issued in exchange for this certificate is registered in the name of Cede & Co.,
or such other name as requested by an authorized representative of The Depository Trust Company, any transfer, pledge or other
use hereof for value or otherwise by or to any person is wrongful, as the registered owner hereof, Cede & Co., has an
interest herein. 

 

[Insert
Restricted Securities Legend, if applicable]

 

Owl Rock Technology Finance Corp.

 

	No.	 	Initially $
	 	 	CUSIP No. 691205 AA6
	 	 	ISIN No. US691205AA64

 

6.75% Notes due 2025

 

Owl Rock Technology
Finance Corp., a corporation duly organized and existing under the laws of Maryland (herein called the “Company”, which
term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to
Cede & Co., or registered assigns, the principal sum of         dollars (U.S. $        ), or such other principal sum as shall
be set forth in the Schedule of Increases or Decreases attached hereto, on June 30, 2025, and to pay interest thereon from June
12, 2020 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually, in
arrears, on June 30 and December 30 in each year, commencing December 30, 2020, at the rate of 6.75% per annum, as may be adjusted
in accordance with Section 1.01(d) of the First Supplemental Indenture (as defined herein), until the principal hereof is paid
or made available for payment. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date
will, as provided in such Indenture, be paid to the Person in whose name this Security is registered at the close of business on
the Regular Record Date for such interest, which shall be June 15 and December 15 (whether or not a Business Day), as the case
may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith
cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security
is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Company,
notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to such Special Record Date,
or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the
Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in
said Indenture. This Security may be issued as part of a series.

 

    	 	A-1	 

     

    

 

Payment of the principal
of (and premium, if any) and any such interest on this Security will be made at the Corporate Trust Office of the Paying Agent,
which shall initially be the Trustee, in such coin or currency of the United States of America as at the time of payment is legal
tender for payment of public and private debts; provided, however, that at the option of the Company payment of interest
may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register;
provided, further, however, that so long as this Security is registered to Cede & Co., such payment will
be made by wire transfer in accordance with the procedures established by the Depository Trust Company and the Trustee.

 

Reference is hereby
made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

 

Unless the certificate
of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Security
shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

 

    	 	A-2	 

     

    

 

IN WITNESS WHEREOF, the Company has caused
this instrument to be duly executed.

 

Dated: 

 

	 	OWL ROCK TECHNOLOGY FINANCE CORP.
	 	 
	 	 
	 	By:	 
	 	 	Name:
	 	 	Title:
	 	 
	Attest:	                                                                                                              	 
	 	Name:	 
	 	Title: Secretary	 

 

    	 	A-3	 

     

    

 

This is one of the
Securities of the series designated therein referred to in the within-mentioned Indenture.

 

Dated:                     

 

	 	WELLS FARGO BANK, NATIONAL ASSOCIATION, as Trustee
	 	 	 
	 	By:	 
	 	 	Authorized Signatory
	 		

 

    	 	A-4	 

     

    

 

[BACK OF NOTE]

 

Owl Rock Technology Finance Corp. 

6.75% Notes due 2025

 

This Security is one
of a duly authorized issue of securities of the Company (herein called the “Securities”), issued and to be issued in
one or more series under an Indenture, dated as of June 12, 2020 (herein called the “Base Indenture”, which term shall
have the meaning assigned to it in such instrument), between the Company and Wells Fargo Bank, National Association, as Trustee
(herein called the “Trustee”, which term includes any successor trustee under the Base Indenture), and reference is
hereby made to the Base Indenture for a statement of the respective rights, limitations of rights, duties and immunities thereunder
of the Company, the Trustee, and the Holders of the Securities and of the terms upon which the Securities are, and are to be, authenticated
and delivered, as supplemented by the First Supplemental Indenture, relating to the Securities, dated as of June 12, 2020, by and
between the Company and the Trustee (herein called the “First Supplemental Indenture”; and together with the Base Indenture,
the “Indenture”). In the event of any conflict between the Base Indenture and the First Supplemental Indenture, the
First Supplemental Indenture shall govern and control.

 

This Security is one
of the series designated on the face hereof, initially limited in aggregate principal amount to $              . Under a Board Resolution, Officers’
Certificate pursuant to Board Resolutions or an indenture supplement, the Company may from time to time, without the consent of
the Holders of Securities, issue additional Securities of this series (in any such case “Additional Securities”) having
the same ranking and the same interest rate, maturity, CUSIP number and other terms as the Securities (except for the issue date,
offering price and, if applicable, the initial payment date), provided that such Additional Securities must either (i) be
issued in a “qualified reopening” for U.S. Federal income tax purposes, with no more than a de minimis amount of original
issue discount, or otherwise (ii)  be part of the same issue as the Securities for U.S. federal income tax purposes. Any Additional
Securities and the existing Securities will constitute a single series under the Indenture and all references to the relevant Securities
herein shall include the Additional Securities unless the context otherwise requires. The aggregate amount of Outstanding Securities
represented hereby may from time to time be reduced or increased, as appropriate, to reflect exchanges and redemptions.

 

The Securities of this
series are subject to redemption in whole or in part at any time or from time to time, at the option of the Company, at a Redemption
Price equal to the greater of the following amounts, plus, in each case, accrued and unpaid interest to, but excluding, the Redemption
Date:

 

		(a)	100% of the principal amount of the Securities to be redeemed, or

 

		(b)	the sum of the present values of the remaining scheduled payments of principal and interest (exclusive
of accrued and unpaid interest to the Redemption Date) on the Securities to be redeemed, discounted to the Redemption Date on a
semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis
points;

 

    	 	A-5	 

     

    

 

provided, however, that if the Company
redeems any Securities on or after May 30, 2025, the Redemption Price for the Securities will be equal to 100% of the principal
amount of the Securities to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date.

 

For purposes of calculating
the Redemption Price in connection with the redemption of the Securities, on any Redemption Date, the following terms have the
meanings set forth below:

 

“Treasury Rate”
means, with respect to any Redemption Date, the rate per annum equal to the semi-annual equivalent yield-to-maturity of the Comparable
Treasury Issue (computed as of the third Business Day immediately preceding the redemption), assuming a price for the Comparable
Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date.
The Redemption Price and the Treasury Rate will be determined by the Company.

 

“Comparable Treasury
Issue” means the United States Treasury security selected by the Reference Treasury Dealer as having a maturity comparable
to the remaining term of the Securities to be redeemed that would be utilized, at the time of selection and in accordance with
customary financing practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of
the Securities being redeemed.

 

“Comparable Treasury
Price” means (1) the average of the remaining Reference Treasury Dealer Quotations for the Redemption Date, after excluding
the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Quotation Agent obtains fewer than four such Reference
Treasury Dealer Quotations, the average of all such quotations.

 

“Quotation Agent”
means a Reference Treasury Dealer selected by the Company.

 

“Reference Treasury
Dealer” means each of (1) SMBC Nikko Securities America, Inc. and a primary U.S. government securities dealer selected by
MUFG Securities Americas Inc., or their respective affiliates which are primary U.S. government securities dealers in the United
States (a “Primary Treasury Dealer”) and their respective successors; provided, however, that if any
of the foregoing or their affiliates shall cease to be a Primary Treasury Dealer, the Company shall select another Primary Treasury
Dealer and (2) two other Primary Treasury Dealers selected by the Company.

 

“Reference Treasury
Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined
by the Quotation Agent, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of
its principal amount) quoted in writing to the Quotation Agent by such Reference Treasury Dealer at 3:30 p.m. New York time on
the third Business Day preceding such Redemption Date.

 

All determinations
made by any Reference Treasury Dealer, including the Quotation Agent, with respect to determining the Redemption Price will be
final and binding absent manifest error.

 

Notice of redemption
shall be given in writing and mailed, first-class postage prepaid or by overnight courier guaranteeing next-day delivery, or sent
electronically in accordance with Applicable Procedures with respect to Securities in global form, to each Holder of the Securities
to be redeemed, not less than 30 nor more than 60 days prior to the Redemption Date, at the Holder’s address appearing
in the Security Register. All notices of redemption shall contain the information set forth in Section 11.04 of the Base Indenture.

 

    	 	A-6	 

     

    

 

Any exercise of the
Company’s option to redeem the Securities will be done in compliance with the Investment Company Act, to the extent applicable.

If the Company elects
to redeem only a portion of the Securities, the particular Securities to be redeemed will be selected by the Trustee in accordance
with the applicable procedures of the Depositary and in accordance with the Investment Company Act. In the event of redemption
of this Security in part only, a new Security or Securities of this series and of like tenor for the unredeemed portion hereof
will be issued in the name of the Holder hereof upon the cancellation hereof; provided, however, that no such partial
redemption shall reduce the portion of the principal amount of a Security not redeemed to less than $2,000.

 

Unless the Company
defaults in payment of the Redemption Price, on and after the Redemption Date, interest will cease to accrue on the Securities
called for redemption.

 

Holders will have the
right to require the Company to repurchase their Securities upon the occurrence of a Change of Control Repurchase Event as set
forth in the Indenture.

 

The Indenture contains
provisions for defeasance at any time of the entire indebtedness of this Security or certain restrictive covenants and Events of
Default with respect to this Security, in each case upon compliance with certain conditions set forth in the Indenture.

 

If an Event of Default
with respect to Securities of this series shall occur and be continuing (other than Events of Default related to certain events
of bankruptcy, insolvency or reorganization as set forth in the Indenture), the principal of the Securities of this series may
be declared due and payable in the manner and with the effect provided in the Indenture. In the case of certain events of bankruptcy,
insolvency or reorganization described in the Indenture, 100% of the principal of and accrued and unpaid interest on the Securities
will automatically become due and payable.

 

The Indenture permits,
with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company
and the rights of the Holders of the Securities of each series to be affected under the Indenture at any time by the Company and
the Trustee with the consent of the Holders of not less than a majority in principal amount of the Securities at the time Outstanding
of each series to be affected. The Indenture also contains provisions permitting the Holders of specified percentages in principal
amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to
waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their
consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon
all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor
or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security.

 

    	 	A-7	 

     

    

 

As provided in and
subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any proceeding with
respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder
shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Securities of this
series, the Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall have
made written request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee
security or indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with
such request, and the Trustee shall not have received from the Holders of a majority in principal amount of Securities of this
series at the time Outstanding a direction inconsistent with such request, and shall have failed to institute any such proceeding,
for 60 days after receipt of such notice, request and offer of security or indemnity. The foregoing shall not apply to any
suit instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest
hereon on or after the respective due dates expressed herein.

 

No reference herein
to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company, which
is absolute and unconditional, to pay the principal of and any premium and interest on this Security at the times, place and rate,
and in the coin or currency, herein prescribed.

 

As provided in the
Indenture and subject to certain limitations therein set forth, the transfer of this Security is registrable in the Security Register,
upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal
of and any premium and interest on this Security are payable, duly endorsed by, or accompanied by a written instrument of transfer
in substantially the form Exhibit A hereto duly executed by, the Holder hereof or his attorney duly authorized in writing,
and thereupon one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate
principal amount, will be issued to the designated transferee or transferees.

 

The Securities of this
series are issuable only in registered form without coupons in denominations of $2,000 and any integral multiples of $1,000 in
excess thereof. As provided in the Indenture and subject to certain limitations therein set forth, Securities of this series are
exchangeable for a like aggregate principal amount of Securities of this series and of like tenor of a different authorized denomination,
as requested by the Holder surrendering the same.

 

No service charge shall
be made for any such registration of transfer or exchange, but the Company or Trustee may require payment of a sum sufficient to
cover any tax or other governmental charge payable in connection therewith other than certain exchanges as provided in the Indenture.

 

Prior to due presentment
of this Security for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the
Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue,
and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

 

All terms used in this
Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

 

    	 	A-8	 

     

    

 

To the extent any provision
of this Security conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling.

 

The Indenture and this
Security shall be governed by and construed in accordance with the laws of the State of New York, without regard to principles
of conflicts of laws. 

 

    	 	A-9	 

     

    

 

Assignment
Form 

To assign this Note, fill in the form below:

 

	(I) or (we) assign and transfer this Note to: 	 
		(Insert Assignee’s Legal Name)
	 	 
	 	 
	(Insert assignee’s soc. sec. or tax I.D. no.)
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	(Print or type assignee’s name, address and zip code)

 

	and irrevocably appoint 	 
	 	 
	to transfer this Note on the books of the Company. The agent may substitute another to act for him.

 

	Date: 	 	 
	 	 	 
	 	 	Your Signature: 	 
		(Sign exactly as your name appears on the face of this Note)

 

	Signature Guarantee*: 	 	 

 

	*	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee). 

 

The
undersigned hereby certifies that it  ̈ is /  ̈
is not an Affiliate of the Company and that, to its knowledge, the proposed transferee  ̈
is /  ̈ is not an Affiliate of the Company.

 

In connection with
any transfer or exchange of any of the Securities evidenced by this certificate occurring prior to the Resale Restriction Termination
Date, the undersigned confirms that such Securities are being transferred:

 

    	 	A-10	 

     

    

 

CHECK ONE BOX BELOW:

 

	 	(1)	 ̈	To Owl Rock Technology Finance Corp. or a subsidiary thereof; or

 

	 	(2)	 ̈	To a “qualified institutional buyer” pursuant to and in compliance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”); or
	 	 	 	 
	 	(3)	 ̈	
        transferred pursuant to an effective registration
        statement under the Securities Act; or

         

	 	(4)	 ̈	transferred pursuant to another available exemption from the registration requirements of the Securities Act of 1933, as amended.

 

Unless one of the boxes
is checked, the Trustee will refuse to register any of the Securities evidenced by this certificate in the name of any person other
than the registered Holder thereof, provided, however, that if box (4) is checked, the Company may require, prior to registering
any such transfer of the Securities, in its sole discretion, such legal opinions, certifications and other information as the Company
may reasonably request to confirm that such transfer is being made pursuant to an exemption from, or in a transaction not subject
to, the registration requirements of the Securities Act of 1933, as amended, such as the exemption provided by Rule 144 under such
Act.

 

	 	Your Signature: 	 
		(Sign exactly as your name appears on the face of this Note)

 

	Signature Guarantee*: 	 	 

 

	*	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee). 

 

TO BE COMPLETED BY PURCHASER IF BOX (2)
ABOVE IS CHECKED.

 

The undersigned represents
and warrants that it is purchasing this Security for its own account or an account with respect to which it exercises sole investment
discretion and that it and any such account is a “qualified institutional buyer” within the meaning of Rule 144A under
the Securities Act of 1933, as amended, and is aware that the sale to it is being made in reliance on Rule 144A and acknowledges
that it has received such information regarding the Company as the undersigned has requested pursuant to Rule 144A or has determined
not to request such information and that it is aware that the transferor is relying upon the undersigned’s foregoing representations
in order to claim the exemption from registration provided by Rule 144A.

 

	Dated: 	 	 
	 	 	 
	 	 	Your Signature: 	 
		

Notice: To be executed by an executive officer

 

	Signature Guarantee*: 	 	 

 

	*	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee). 

 

    	 	A-11	 

     

    

 

SCHEDULE OF INCREASES AND DECREASES OF GLOBAL
NOTE

 

The
initial principal amount of this Global Note is $[•]. The following increases and decreases
to this Global Note have been made: 

 

	
        Date of Increase or

        Decrease

         
	 	Amount of Decrease in

Principal Amount at

Maturity

of this Global Note	 	Amount of Increase in

Principal Amount at

Maturity

of this Global Note	 	Principal Amount at

Maturity

of this Global Note

Following such

decrease (or  increase)	 	Signature of

Authorized Signatory

of Trustee or DTC

Custodian

 

    A-12

     

    

 

Exhibit A

 

[FORM OF CERTIFICATE OF TRANSFER]

 

Owl Rock Technology Finance Corp.

399 Park Avenue, 38th Floor

New York, NY 10022

Attention: Chief Financial Officer

 

email:

 

Wells Fargo Bank, National Association, as Trustee and Registrar

Attn: DAPS – Reorg

600 South 4th Street – 7th Floor

Minneapolis, MN 55415

Facsimile: (866) 969-1290

Phone: (800) 344-5128

Email: DAPSReorg@wellsfargo.com

 

Re:
6.75% Notes due 2025

 

Reference
is hereby made to the Indenture, dated as of June 12, 2020 (the “Base Indenture”), by and among the Owl
Rock Technology Finance Corp. (the “Company”) and Well Fargo Bank, National Association (the “Trustee”)
as supplemented by the First Supplemental Indenture, dated as of June 12, 2020 (the “First Supplemental Indenture”
and together with the Base Indenture, the “Indenture”). Capitalized terms used but not defined herein shall
have the meanings given to them in the Indenture.

 

[●] (the “Transferor”) owns and proposes
to transfer the Note[s] or interest in such Note[s] specified in Annex A hereto, in the principal amount of $[●] in such
Note[s] or interests (the “Transfer”), to [●] (the “Transferee”), as further specified
in Annex A hereto. In connection with the Transfer, the Transferor hereby certifies that:

 

[CHECK ALL THAT APPLY]

 

1.             [_] CHECK IF TRANSFEREE
WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN THE RELEVANT RESTRICTED GLOBAL NOTE OR A DEFINITIVE NOTE PURSUANT TO RULE 144A.
The Transfer is being effected pursuant to and in accordance with Rule 144A under the United States Securities Act of 1933, as
amended (the “Securities Act”), and, accordingly, the Transferor hereby further certifies that the beneficial
interest or definitive Note is being transferred to a Person that the Transferor reasonably believes is purchasing the beneficial
interest or definitive Note for its own account, or for one or more accounts with respect to which such Person exercises sole investment
discretion, and such Person and each such account is a “qualified institutional buyer” within the meaning of Rule 144A
in a transaction meeting the requirements of Rule 144A and such Transfer is in compliance with any applicable blue sky securities
laws of any state of the United States.

 

    A-13

     

    

 

2.             [_] CHECK AND COMPLETE
IF TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN A DEFINITIVE NOTE PURSUANT TO ANY PROVISION OF THE SECURITIES ACT
OTHER THAN RULE 144A. The Transfer is being effected in compliance with the transfer restrictions applicable to beneficial interests
in Restricted Global Notes and definitive Notes containing the Restricted Securities Legends (“Restricted Definitive Notes”)
and pursuant to and in accordance with the Securities Act and any applicable blue sky securities laws of any state of the United
States, and accordingly the Transferor hereby further certifies that (check one):

 

(a)       [_]
such Transfer is being effected pursuant to and in accordance with Rule 144 under the Securities Act;

 

(b)       [_]
such Transfer is being effected to the Company or a subsidiary thereof;

 

(c)       [_] such Transfer is being effected to an institutional
 “accredited investor” within the meaning of Rule 501(a)(1), (2), (3) or (7) under the Securities Act that has furnished
to the Company and the Trustee a signed letter containing certain representations and agreements (the form of which letter follows
below); or

 

(d)       [_]
such Transfer is being effected pursuant to an effective registration statement under the Securities Act, and in compliance with
the prospectus delivery requirements of the Securities Act.

 

3.             [_] CHECK IF TRANSFEREE
WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN AN UNRESTRICTED GLOBAL NOTE OR OF AN UNRESTRICTED DEFINITIVE NOTE.

 

(a)           [_] CHECK IF TRANSFER
IS PURSUANT TO RULE 144. (i) The Transfer is being effected pursuant to and in accordance with Rule 144 under the Securities Act
and in compliance with the transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any
state of the United States and (ii) the restrictions on transfer contained in the Indenture and the Restricted Securities Legend
are not required in order to maintain compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance
with the terms of the Indenture, the transferred beneficial interest or definitive Note will no longer be subject to the restrictions
on transfer enumerated in the Restricted Securities Legend printed on the Restricted Global Notes, on definitive Notes and in the
Indenture.

 

(b)           [_] CHECK IF TRANSFER
IS PURSUANT TO OTHER EXEMPTION. (i) The Transfer is being effected pursuant to and in compliance with an exemption from the registration
requirements of the Securities Act other than Rule 144 and in compliance with the transfer restrictions contained in the Indenture
and any applicable blue sky securities laws of any State of the United States and (ii) the restrictions on transfer contained in
the Indenture and the Restricted Securities Legend are not required in order to maintain compliance with the Securities Act. Upon
consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or definitive
Note will not be subject to the restrictions on transfer enumerated in the Restricted Securities Legend printed on the Restricted
Global Note or Restricted Definitive Notes and in the Indenture.

 

    A-14

     

    

 

This certificate and the statements contained herein are made
for your benefit and the benefit of the Issuers.

 

	 	[Insert Name of Transferor]
	 	 	 
	 	By:	[●]
	 	 	Name:[●]
	 	 	Title:[●]

 

Dated: [●]

 

    A-15

     

    

 

ANNEX A TO CERTIFICATE OF TRANSFER

 

 

 

1.            The Transferor owns
and proposes to transfer the following:

 

[CHECK ONE]

 

		(a)	[  ]	a beneficial interest in the

 

		(i)	[ ] Restricted Global Note (CUSIP [ ]), or

 

		(ii)	[ ] Unrestricted Global Note (CUSIP [ ]); or

 

		(b)	[  ]	a Restricted Definitive Note; or

 

		(c)	[  ]	an Unrestricted Definitive Note.

 

2.            After
the Transfer the Transferee shall hold:

 

[CHECK ONE]

 

		(a)	[  ]	a beneficial interest in the

 

		(i)	[ ]	Restricted Global Note (CUSIP [ ]), or

 

		(ii)	[ ]	Unrestricted Global Note (CUSIP [ ]); or

 

		(b)	[  ]	a Restricted Definitive Note; or

 

		(c)	[  ]	an Unrestricted Definitive Note, in accordance with the terms of the Indenture.

 

    A-16

     

    

 

[FORM OF LETTER TO BE DELIVERED IN CONNECTION
WITH TRANSFERS

TO INSTITUTIONAL ACCREDITED INVESTORS]

 

Owl Rock Technology Finance Corp.  

399 Park Avenue, 38th Floor

New York, NY 10022

Attention: Chief Financial Officer  

  

Wells Fargo Bank, National Association

Attn: DAPS – Reorg

600 South 4th Street – 7th Floor

Minneapolis, MN 55415

Facsimile: (866) 969-1290

Phone: (800) 344-5128

Email: DAPSReorg@wellsfargo.com

 

Re: Owl Rock Technology Finance Corp. (the
 “Company”)

 

Ladies and Gentlemen:

 

This certificate is delivered to request
a transfer of $[___________] principal amount of the 6.75% Notes due 2025 (the “Securities”) of Owl Rock Technology
Finance Corp. (the “Company”).

 

Upon transfer, the Securities would be
registered in the name of the new beneficial owner as follows:

 

	Name: 	 	 

 

	Address: 	 	 

 

	Taxpayer ID Number: 	 	 

 

The undersigned represents and warrants
to you that:

 

	 	1.	We are an institutional “accredited investor” (as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act of 1933, as amended (the “Securities Act”)) purchasing for our own account or for the account of such an institutional “accredited investor,” and we are acquiring the Securities not with a view to, or for offer or sale in connection with, any distribution in violation of the Securities Act. We have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risk of our investment in the Securities and we invest in or purchase securities similar to the Securities in the normal course of our business. We and any accounts for which we are acting are each able to bear the economic risk of our or its investment.

 

    A-17

     

    

 

	 	2.	We understand that the Securities have not been registered under the Securities Act and, unless so registered, may not be sold except as permitted in the following sentence. We agree on our own behalf and on behalf of any investor account for which we are purchasing Securities to offer, sell or otherwise transfer such Securities prior to the Resale Restriction Termination Date only (a) to the Company or any Subsidiary thereof, (b) pursuant to an effective registration statement under the Securities Act, (c) in a transaction complying with the requirements of Rule 144A under the Securities Act, to a person we reasonably believe is a “qualified institutional buyer” under Rule 144A of the Securities Act (a “QIB”) that is purchasing for its own account or for the account of a QIB and to whom notice is given that the transfer is being made in reliance on Rule 144A, (d) to an institutional “accredited investor” within the meaning of Rule 501 (a)(1), (2), (3) or (7) under the Securities Act that is purchasing for its own account or for the account of such an institutional “accredited investor,” in each case for investment purposes and not with a view to or for offer or sale in connection with any distribution in violation of the Securities Act or (e) pursuant to any other available exemption from the registration requirements of the Securities Act, subject in each of the foregoing cases to any requirement of law that the disposition of property or the property of such investor account or accounts be at all times within our or their control and in compliance with any applicable state securities laws. The foregoing restrictions on resale will not apply subsequent to the Resale Restriction Termination Date. If any resale or other transfer of the Securities is proposed to be made pursuant to clause (d) above prior to the Resale Restriction Termination Date, the transferor shall deliver a letter from the transferee substantially in the form of this letter to the Company and the Trustee, which shall provide, among other things, that the transferee is an institutional “accredited investor” (within the meaning of Rule 501(a)(1), (2), (3) or (7) under the Securities Act) and that it is acquiring such Securities for investment purposes and not for distribution in violation of the Securities Act. Each purchaser acknowledges that the Company and the Trustee reserve the right prior to any offer, sale or other transfer prior to the Resale Restriction Termination Date of the Securities pursuant to clauses (d), (e) or (f) above to require the delivery of an opinion of counsel, certifications and/or other information satisfactory to the Company and the Trustee.

 

	 	3.	
        We [are][are not] an Affiliate of the Company.

         

        The Company and the Trustee are entitled
        to rely upon this letter and are irrevocably authorized to produce this letter or a copy to any interested party in any administrative
        or legal proceedings or official inquiry with respect to the matters covered hereby.

 

	 	TRANSFEREE
	 	 
	 	[Insert Name of Transferee]
	 	 
	 	 
	 	Name:
	 	Title:

 

    A-18

     

    

 

Exhibit B – Form of IAI Global
Note

 

THIS SECURITY IS A
GLOBAL NOTE WITHIN THE MEANING OF THE INDENTURE HEREINAFTER REFERRED TO AND IS REGISTERED IN THE NAME OF THE DEPOSITORY TRUST COMPANY
OR A NOMINEE THEREOF. THIS SECURITY MAY NOT BE EXCHANGED IN WHOLE OR IN PART FOR A SECURITY REGISTERED, AND NO TRANSFER OF THIS
SECURITY IN WHOLE OR IN PART MAY BE REGISTERED, IN THE NAME OF ANY PERSON OTHER THAN THE DEPOSITORY TRUST COMPANY OR A NOMINEE
THEREOF, EXCEPT IN THE LIMITED CIRCUMSTANCES DESCRIBED IN THE INDENTURE.

 

Unless this certificate
is presented by an authorized representative of The Depository Trust Company to the issuer or its agent for registration of transfer,
exchange or payment and such certificate issued in exchange for this certificate is registered in the name of Cede & Co.,
or such other name as requested by an authorized representative of The Depository Trust Company, any transfer, pledge or other
use hereof for value or otherwise by or to any person is wrongful, as the registered owner hereof, Cede & Co., has an
interest herein. 

 

[Insert
Restricted Securities Legend, if applicable]

 

Owl Rock Technology Finance Corp.

 

	No.	 	Initially $
	 	 	CUSIP No. 691205 AB4
	 	 	ISIN No. US691205AB48

 

6.75% Notes due 2025

 

Owl Rock Technology
Finance Corp., a corporation duly organized and existing under the laws of Maryland (herein called the “Company”, which
term includes any successor Person under the Indenture hereinafter referred to), for value received, hereby promises to pay to
Cede & Co., or registered assigns, the principal sum of        dollars (U.S. $        ), or such other principal sum as shall
be set forth in the Schedule of Increases or Decreases attached hereto, on June 30, 2025, and to pay interest thereon from June
12, 2020 or from the most recent Interest Payment Date to which interest has been paid or duly provided for, semi-annually, in
arrears, on June 30 and December 30 in each year, commencing December 30, 2020, at the rate of 6.75% per annum, as may be adjusted
in accordance with Section 1.01(d) of the First Supplemental Indenture (as defined herein), until the principal hereof is paid
or made available for payment. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date
will, as provided in such Indenture, be paid to the Person in whose name this Security is registered at the close of business on
the Regular Record Date for such interest, which shall be June 15 and December 15 (whether or not a Business Day), as the case
may be, next preceding such Interest Payment Date. Any such interest not so punctually paid or duly provided for will forthwith
cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Security
is registered at the close of business on a Special Record Date for the payment of such Defaulted Interest to be fixed by the Company,
notice whereof shall be given to Holders of Securities of this series not less than 10 days prior to such Special Record Date,
or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange on which the
Securities of this series may be listed, and upon such notice as may be required by such exchange, all as more fully provided in
said Indenture. This Security may be issued as part of a series.

 

    B-1

     

    

 

Payment of the principal
of (and premium, if any) and any such interest on this Security will be made at the Corporate Trust Office of the Paying Agent,
which shall initially be the Trustee, in such coin or currency of the United States of America as at the time of payment is legal
tender for payment of public and private debts; provided, however, that at the option of the Company payment of interest
may be made by check mailed to the address of the Person entitled thereto as such address shall appear in the Security Register;
provided, further, however, that so long as this Security is registered to Cede & Co., such payment will
be made by wire transfer in accordance with the procedures established by the Depository Trust Company and the Trustee.

 

Reference is hereby
made to the further provisions of this Security set forth on the reverse hereof, which further provisions shall for all purposes
have the same effect as if set forth at this place.

 

Unless the certificate
of authentication hereon has been executed by the Trustee referred to on the reverse hereof by manual signature, this Security
shall not be entitled to any benefit under the Indenture or be valid or obligatory for any purpose.

 

    B-2

     

    

 

IN WITNESS WHEREOF, the Company has caused
this instrument to be duly executed.

 

Dated: 

 

	 	 	 	OWL ROCK TECHNOLOGY FINANCE CORP.
	 	 	 	 	 
	 	 	 	By:	 
	 	 	 	 	Name:
	 	 	 	 	Title:
	 	 	 	 	 
	Attest:	 	 	 	 
	 	Name:	 	 	 
	 	Title: Secretary	 	 	 

 

    B-3

     

    

 

This is one of the
Securities of the series designated therein referred to in the within-mentioned Indenture.

 

Dated:                     

 

	 	WELLS
        FARGO BANK, NATIONAL ASSOCIATION,

        as
        Trustee

        

	 	 
	 	By:	 
	 	 	Authorized
    Signatory

 

    B-4

     

    

 

[BACK OF NOTE] 

 

Owl Rock Technology Finance Corp. 

6.75% Notes due 2025

 

This Security is one
of a duly authorized issue of securities of the Company (herein called the “Securities”), issued and to be issued in
one or more series under an Indenture, dated as of June 12, 2020 (herein called the “Base Indenture”, which term shall
have the meaning assigned to it in such instrument), between the Company and Wells Fargo Bank, National Association, as Trustee
(herein called the “Trustee”, which term includes any successor trustee under the Base Indenture), and reference is
hereby made to the Base Indenture for a statement of the respective rights, limitations of rights, duties and immunities thereunder
of the Company, the Trustee, and the Holders of the Securities and of the terms upon which the Securities are, and are to be, authenticated
and delivered, as supplemented by the First Supplemental Indenture, relating to the Securities, dated as of June 12, 2020, by and
between the Company and the Trustee (herein called the “First Supplemental Indenture”; and together with the Base Indenture,
the “Indenture”). In the event of any conflict between the Base Indenture and the First Supplemental Indenture, the
First Supplemental Indenture shall govern and control.

 

This Security is one
of the series designated on the face hereof, initially limited in aggregate principal amount to $         . Under a Board Resolution, Officers’
Certificate pursuant to Board Resolutions or an indenture supplement, the Company may from time to time, without the consent of
the Holders of Securities, issue additional Securities of this series (in any such case “Additional Securities”) having
the same ranking and the same interest rate, maturity, CUSIP number and other terms as the Securities (except for the issue date,
offering price and, if applicable, the initial payment date), provided that such Additional Securities must either (i) be
issued in a “qualified reopening” for U.S. Federal income tax purposes, with no more than a de minimis amount of original
issue discount, or otherwise (ii)  be part of the same issue as the Securities for U.S. federal income tax purposes. Any Additional
Securities and the existing Securities will constitute a single series under the Indenture and all references to the relevant Securities
herein shall include the Additional Securities unless the context otherwise requires. The aggregate amount of Outstanding Securities
represented hereby may from time to time be reduced or increased, as appropriate, to reflect exchanges and redemptions.

 

The Securities of this
series are subject to redemption in whole or in part at any time or from time to time, at the option of the Company, at a Redemption
Price equal to the greater of the following amounts, plus, in each case, accrued and unpaid interest to, but excluding, the Redemption
Date:

 

		(c)	100% of the principal amount of the Securities to be redeemed, or

 

		(d)	the sum of the present values of the remaining scheduled payments of principal and interest (exclusive
of accrued and unpaid interest to the Redemption Date) on the Securities to be redeemed, discounted to the Redemption Date on a
semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) using the applicable Treasury Rate plus 50 basis
points;

 

    	 	B-5	 

     

    

 

provided, however, that if the Company
redeems any Securities on or after May 30, 2025, the Redemption Price for the Securities will be equal to 100% of the principal
amount of the Securities to be redeemed, plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date.

 

For purposes of calculating
the Redemption Price in connection with the redemption of the Securities, on any Redemption Date, the following terms have the
meanings set forth below:

 

“Treasury Rate”
means, with respect to any Redemption Date, the rate per annum equal to the semi-annual equivalent yield-to-maturity of the Comparable
Treasury Issue (computed as of the third Business Day immediately preceding the redemption), assuming a price for the Comparable
Treasury Issue (expressed as a percentage of its principal amount) equal to the Comparable Treasury Price for such Redemption Date.
The Redemption Price and the Treasury Rate will be determined by the Company.

 

“Comparable Treasury
Issue” means the United States Treasury security selected by the Reference Treasury Dealer as having a maturity comparable
to the remaining term of the Securities to be redeemed that would be utilized, at the time of selection and in accordance with
customary financing practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of
the Securities being redeemed.

 

“Comparable Treasury
Price” means (1) the average of the remaining Reference Treasury Dealer Quotations for the Redemption Date, after excluding
the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Quotation Agent obtains fewer than four such Reference
Treasury Dealer Quotations, the average of all such quotations.

 

“Quotation Agent”
means a Reference Treasury Dealer selected by the Company.

 

“Reference Treasury
Dealer” means each of (1) SMBC Nikko Securities America, Inc. and a primary U.S. government securities dealer selected by
MUFG Securities Americas Inc., or their respective affiliates which are primary U.S. government securities dealers in the United
States (a “Primary Treasury Dealer”) and their respective successors; provided, however, that if any
of the foregoing or their affiliates shall cease to be a Primary Treasury Dealer, the Company shall select another Primary Treasury
Dealer and (2) two other Primary Treasury Dealers selected by the Company.

 

“Reference Treasury
Dealer Quotations” means, with respect to each Reference Treasury Dealer and any Redemption Date, the average, as determined
by the Quotation Agent, of the bid and asked prices for the Comparable Treasury Issue (expressed in each case as a percentage of
its principal amount) quoted in writing to the Quotation Agent by such Reference Treasury Dealer at 3:30 p.m. New York time on
the third Business Day preceding such Redemption Date.

 

All determinations
made by any Reference Treasury Dealer, including the Quotation Agent, with respect to determining the Redemption Price will be
final and binding absent manifest error.

 

Notice of redemption
shall be given in writing and mailed, first-class postage prepaid or by overnight courier guaranteeing next-day delivery, or sent
electronically in accordance with Applicable Procedures with respect to Securities in global form, to each Holder of the Securities
to be redeemed, not less than 30 nor more than 60 days prior to the Redemption Date, at the Holder’s address appearing
in the Security Register. All notices of redemption shall contain the information set forth in Section 11.04 of the Base Indenture.

 

    	 	B-6	 

     

    

 

Any exercise of the
Company’s option to redeem the Securities will be done in compliance with the Investment Company Act, to the extent applicable.

 

If the Company elects
to redeem only a portion of the Securities, the particular Securities to be redeemed will be selected by the Trustee in accordance
with the applicable procedures of the Depositary and in accordance with the Investment Company Act. In the event of redemption
of this Security in part only, a new Security or Securities of this series and of like tenor for the unredeemed portion hereof
will be issued in the name of the Holder hereof upon the cancellation hereof; provided, however, that no such partial
redemption shall reduce the portion of the principal amount of a Security not redeemed to less than $2,000.

 

Unless the Company
defaults in payment of the Redemption Price, on and after the Redemption Date, interest will cease to accrue on the Securities
called for redemption.

 

Holders will have the
right to require the Company to repurchase their Securities upon the occurrence of a Change of Control Repurchase Event as set
forth in the Indenture.

 

The Indenture contains
provisions for defeasance at any time of the entire indebtedness of this Security or certain restrictive covenants and Events of
Default with respect to this Security, in each case upon compliance with certain conditions set forth in the Indenture.

 

If an Event of Default
with respect to Securities of this series shall occur and be continuing (other than Events of Default related to certain events
of bankruptcy, insolvency or reorganization as set forth in the Indenture), the principal of the Securities of this series may
be declared due and payable in the manner and with the effect provided in the Indenture. In the case of certain events of bankruptcy,
insolvency or reorganization described in the Indenture, 100% of the principal of and accrued and unpaid interest on the Securities
will automatically become due and payable.

 

The Indenture permits,
with certain exceptions as therein provided, the amendment thereof and the modification of the rights and obligations of the Company
and the rights of the Holders of the Securities of each series to be affected under the Indenture at any time by the Company and
the Trustee with the consent of the Holders of not less than a majority in principal amount of the Securities at the time Outstanding
of each series to be affected. The Indenture also contains provisions permitting the Holders of specified percentages in principal
amount of the Securities of each series at the time Outstanding, on behalf of the Holders of all Securities of such series, to
waive compliance by the Company with certain provisions of the Indenture and certain past defaults under the Indenture and their
consequences. Any such consent or waiver by the Holder of this Security shall be conclusive and binding upon such Holder and upon
all future Holders of this Security and of any Security issued upon the registration of transfer hereof or in exchange herefor
or in lieu hereof, whether or not notation of such consent or waiver is made upon this Security.

 

    	 	B-7	 

     

    

 

As provided in and
subject to the provisions of the Indenture, the Holder of this Security shall not have the right to institute any proceeding with
respect to the Indenture or for the appointment of a receiver or trustee or for any other remedy thereunder, unless such Holder
shall have previously given the Trustee written notice of a continuing Event of Default with respect to the Securities of this
series, the Holders of not less than 25% in principal amount of the Securities of this series at the time Outstanding shall have
made written request to the Trustee to institute proceedings in respect of such Event of Default as Trustee and offered the Trustee
security or indemnity satisfactory to the Trustee against the costs, expenses and liabilities to be incurred in compliance with
such request, and the Trustee shall not have received from the Holders of a majority in principal amount of Securities of this
series at the time Outstanding a direction inconsistent with such request, and shall have failed to institute any such proceeding,
for 60 days after receipt of such notice, request and offer of security or indemnity. The foregoing shall not apply to any
suit instituted by the Holder of this Security for the enforcement of any payment of principal hereof or any premium or interest
hereon on or after the respective due dates expressed herein.

 

No reference herein
to the Indenture and no provision of this Security or of the Indenture shall alter or impair the obligation of the Company, which
is absolute and unconditional, to pay the principal of and any premium and interest on this Security at the times, place and rate,
and in the coin or currency, herein prescribed.

 

As provided in the
Indenture and subject to certain limitations therein set forth, the transfer of this Security is registrable in the Security Register,
upon surrender of this Security for registration of transfer at the office or agency of the Company in any place where the principal
of and any premium and interest on this Security are payable, duly endorsed by, or accompanied by a written instrument of transfer
in substantially the form Exhibit A hereto duly executed by, the Holder hereof or his attorney duly authorized in writing,
and thereupon one or more new Securities of this series and of like tenor, of authorized denominations and for the same aggregate
principal amount, will be issued to the designated transferee or transferees.

 

The Securities of this
series are issuable only in registered form without coupons in denominations of $2,000 and any integral multiples of $1,000 in
excess thereof. As provided in the Indenture and subject to certain limitations therein set forth, Securities of this series are
exchangeable for a like aggregate principal amount of Securities of this series and of like tenor of a different authorized denomination,
as requested by the Holder surrendering the same.

 

No service charge shall
be made for any such registration of transfer or exchange, but the Company or Trustee may require payment of a sum sufficient to
cover any tax or other governmental charge payable in connection therewith other than certain exchanges as provided in the Indenture.

 

Prior to due presentment
of this Security for registration of transfer, the Company, the Trustee and any agent of the Company or the Trustee may treat the
Person in whose name this Security is registered as the owner hereof for all purposes, whether or not this Security be overdue,
and neither the Company, the Trustee nor any such agent shall be affected by notice to the contrary.

 

All terms used in this
Security which are defined in the Indenture shall have the meanings assigned to them in the Indenture.

 

    	 	B-8	 

     

    

 

To the extent any provision
of this Security conflicts with the express provisions of the Indenture, the provisions of the Indenture shall govern and be controlling.

 

The Indenture and this
Security shall be governed by and construed in accordance with the laws of the State of New York, without regard to principles
of conflicts of laws.

 

    	 	B-9	 

     

    

 

 

 Assignment
Form 

To assign this Note, fill in the form below:

 

	(I) or (we) assign and transfer this Note to: 	 
	 	(Insert Assignee’s Legal Name)

 

	 
	 	 

(Insert assignee’s
soc. sec. or tax I.D. no.)

 

 

 

 

 

 

 

 

(Print or type assignee’s name, address and zip
code)

 

	and irrevocably appoint	 

 

to transfer this Note on the books of the Company. The agent
may substitute another to act for him.

 

	Date:	 	 	 	 
	 	 	 	 	 
		 	 	Your
    Signature: 	 
		 	 	 	(Sign
    exactly as your name appears on the face of this Note)

 

	Signature Guarantee*:	 	 

 

	*	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee). 

 

The
undersigned hereby certifies that it  ̈ is /  ̈
is not an Affiliate of the Company and that, to its knowledge, the proposed transferee  ̈
is /  ̈ is not an Affiliate of the Company.

 

In connection with
any transfer or exchange of any of the Securities evidenced by this certificate occurring prior to the Resale Restriction Termination
Date, the undersigned confirms that such Securities are being transferred:

 

CHECK ONE BOX BELOW:

 

	 	(1)	 ̈	To Owl Rock Technology Finance Corp. or a subsidiary thereof; or
	 	 	 	 
	 	(2)	 ̈	To a “qualified institutional buyer” pursuant to and in compliance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”); or
	 	 	 	 
	 	(3)	 ̈	transferred pursuant to an effective registration statement under the Securities Act; or  
	 	 	 	 
	 	(4)	 ̈	transferred pursuant to another available exemption from the registration requirements of the Securities Act of 1933, as amended.

 

    	 	B-10	 

     

    

 

Unless one of the boxes
is checked, the Trustee will refuse to register any of the Securities evidenced by this certificate in the name of any person other
than the registered Holder thereof, provided, however, that if box (4) is checked, the Company may require, prior to registering
any such transfer of the Securities, in its sole discretion, such legal opinions, certifications and other information as the Company
may reasonably request to confirm that such transfer is being made pursuant to an exemption from, or in a transaction not subject
to, the registration requirements of the Securities Act of 1933, as amended, such as the exemption provided by Rule 144 under such
Act.

 

	 	Your Signature:	 
	 	 	(Sign exactly as your name appears on the face of
this Note)

 

	Signature Guarantee*:	 	 		 

 

	*	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee). 

 

TO BE COMPLETED BY PURCHASER IF BOX (2)
ABOVE IS CHECKED.

 

The undersigned represents
and warrants that it is purchasing this Security for its own account or an account with respect to which it exercises sole investment
discretion and that it and any such account is a “qualified institutional buyer” within the meaning of Rule 144A under
the Securities Act of 1933, as amended, and is aware that the sale to it is being made in reliance on Rule 144A and acknowledges
that it has received such information regarding the Company as the undersigned has requested pursuant to Rule 144A or has determined
not to request such information and that it is aware that the transferor is relying upon the undersigned’s foregoing representations
in order to claim the exemption from registration provided by Rule 144A.

 

	Dated:	 	 	 	 

 

	 	Your Signature:	 
	 	 	Notice: To be executed by an executive officer

 

	Signature Guarantee*:	 	 		 

 

	*	Participant in a recognized Signature Guarantee Medallion Program (or other signature guarantor acceptable to the Trustee). 

 

    	 	B-11	 

     

    

 

 

 SCHEDULE OF INCREASES AND DECREASES OF GLOBAL
NOTE

 

The
initial principal amount of this Global Note is $[•]. The following increases and decreases
to this Global Note have been made: 

 

	Date of Increase or
 Decrease  	 	Amount of Decrease in
 Principal Amount at
 Maturity
 of this Global Note	 	Amount of Increase in
 Principal Amount at
 Maturity
 of this Global Note	 	Principal Amount at
 Maturity
 of this Global Note
 Following such
 decrease (or  increase)	 	Signature of
 Authorized Signatory
 of Trustee or DTC
 Custodian
	 	 	 	 	 	 	 	 	 

 

    	 	B-12	 

     

    

 

Exhibit A

 

[FORM OF CERTIFICATE OF TRANSFER]

 

Owl Rock Technology Finance Corp.

399 Park Avenue, 38th Floor

New York, NY 10022

Attention: Chief Financial Officer

 

email:

 

 

Wells Fargo Bank, National Association, as Trustee and Registrar

Attn: DAPS – Reorg

600 South 4th Street – 7th Floor

Minneapolis, MN 55415

Facsimile: (866) 969-1290

Phone: (800) 344-5128

Email: DAPSReorg@wellsfargo.com

 

Re:
6.75% Notes due 2025

 

Reference
is hereby made to the Indenture, dated as of June 12, 2020 (the “Base Indenture”), by and among the Owl
Rock Technology Finance Corp. (the “Company”) and Well Fargo Bank, National Association (the “Trustee”)
as supplemented by the First Supplemental Indenture, dated as of June 12, 2020 (the “First Supplemental Indenture”
and together with the Base Indenture, the “Indenture”). Capitalized terms used but not defined herein shall
have the meanings given to them in the Indenture.

 

[●] (the “Transferor”) owns and proposes
to transfer the Note[s] or interest in such Note[s] specified in Annex A hereto, in the principal amount of $[●] in such
Note[s] or interests (the “Transfer”), to [●] (the “Transferee”), as further specified
in Annex A hereto. In connection with the Transfer, the Transferor hereby certifies that:

 

[CHECK ALL THAT APPLY]

 

1.       [_] CHECK IF TRANSFEREE
WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN THE RELEVANT RESTRICTED GLOBAL NOTE OR A DEFINITIVE NOTE PURSUANT TO RULE 144A.
The Transfer is being effected pursuant to and in accordance with Rule 144A under the United States Securities Act of 1933, as
amended (the “Securities Act”), and, accordingly, the Transferor hereby further certifies that the beneficial
interest or definitive Note is being transferred to a Person that the Transferor reasonably believes is purchasing the beneficial
interest or definitive Note for its own account, or for one or more accounts with respect to which such Person exercises sole investment
discretion, and such Person and each such account is a “qualified institutional buyer” within the meaning of Rule 144A
in a transaction meeting the requirements of Rule 144A and such Transfer is in compliance with any applicable blue sky securities
laws of any state of the United States.

 

    	 	B-13	 

     

    

 

2.       [_] CHECK AND COMPLETE
IF TRANSFEREE WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN A DEFINITIVE NOTE PURSUANT TO ANY PROVISION OF THE SECURITIES ACT
OTHER THAN RULE 144A. The Transfer is being effected in compliance with the transfer restrictions applicable to beneficial interests
in Restricted Global Notes and definitive Notes containing the Restricted Securities Legends (“Restricted Definitive Notes”)
and pursuant to and in accordance with the Securities Act and any applicable blue sky securities laws of any state of the United
States, and accordingly the Transferor hereby further certifies that (check one):

 

(a)       [_]
such Transfer is being effected pursuant to and in accordance with Rule 144 under the Securities Act;

 

(b)       [_]
such Transfer is being effected to the Company or a subsidiary thereof;

 

(c) [_] such Transfer is being effected to an institutional
 “accredited investor” within the meaning of Rule 501(a)(1), (2), (3) or (7) under the Securities Act that has furnished
to the Company and the Trustee a signed letter containing certain representations and agreements (the form of which letter follows
below); or

 

(d)       [_]
such Transfer is being effected pursuant to an effective registration statement under the Securities Act, and in compliance with
the prospectus delivery requirements of the Securities Act.

 

3.       [_] CHECK IF TRANSFEREE
WILL TAKE DELIVERY OF A BENEFICIAL INTEREST IN AN UNRESTRICTED GLOBAL NOTE OR OF AN UNRESTRICTED DEFINITIVE NOTE.

 

(a)       [_] CHECK IF TRANSFER
IS PURSUANT TO RULE 144. (i) The Transfer is being effected pursuant to and in accordance with Rule 144 under the Securities Act
and in compliance with the transfer restrictions contained in the Indenture and any applicable blue sky securities laws of any
state of the United States and (ii) the restrictions on transfer contained in the Indenture and the Restricted Securities Legend
are not required in order to maintain compliance with the Securities Act. Upon consummation of the proposed Transfer in accordance
with the terms of the Indenture, the transferred beneficial interest or definitive Note will no longer be subject to the restrictions
on transfer enumerated in the Restricted Securities Legend printed on the Restricted Global Notes, on definitive Notes and in the
Indenture.

 

(b)       [_] CHECK IF TRANSFER
IS PURSUANT TO OTHER EXEMPTION. (i) The Transfer is being effected pursuant to and in compliance with an exemption from the registration
requirements of the Securities Act other than Rule 144 and in compliance with the transfer restrictions contained in the Indenture
and any applicable blue sky securities laws of any State of the United States and (ii) the restrictions on transfer contained in
the Indenture and the Restricted Securities Legend are not required in order to maintain compliance with the Securities Act. Upon
consummation of the proposed Transfer in accordance with the terms of the Indenture, the transferred beneficial interest or definitive
Note will not be subject to the restrictions on transfer enumerated in the Restricted Securities Legend printed on the Restricted
Global Note or Restricted Definitive Notes and in the Indenture.

 

This certificate and the statements contained herein are made
for your benefit and the benefit of the Issuers.

 

    	 	B-14	 

     

    

 

	                             	[Insert Name of Transferor]
	 	 	 	 
	 	By:	[●]
	 	 	Name:[●]	 
	 	 	Title:[●]	 

 

Dated: [●]

 

    	 	B-15	 

     

    

 

ANNEX A TO CERTIFICATE OF TRANSFER

 

 

1.       The Transferor owns
and proposes to transfer the following:

 

[CHECK ONE]

 

		(a)	[  ]a beneficial interest in the

 

		(i)	[ ] Restricted Global Note (CUSIP [ ]), or

 

		(ii)	[ ] Unrestricted Global Note (CUSIP [ ]); or

 

		(b)	[  ]a Restricted Definitive Note; or

 

		(c)	[  ]an Unrestricted Definitive Note.

 

2.       After
the Transfer the Transferee shall hold:

 

[CHECK ONE]

 

		(a)	[  ]a beneficial interest in the

 

		(i)	[ ]Restricted Global Note (CUSIP [ ]), or

 

		(ii)	[ ] Unrestricted Global Note (CUSIP [ ]); or

 

		(b)	[  ]a Restricted Definitive Note; or

 

		(c)	[  ]an Unrestricted Definitive Note, in accordance with the terms of the Indenture.

 

    	 	B-16	 

     

    

 

[FORM OF LETTER TO BE DELIVERED IN CONNECTION
WITH TRANSFERS

TO INSTITUTIONAL ACCREDITED INVESTORS]

 

Owl Rock Technology Finance Corp.  

399 Park Avenue, 38th Floor

New York, NY 10022

Attention: Chief Financial Officer  

  

Wells Fargo Bank, National Association

Attn: DAPS – Reorg

600 South 4th Street – 7th Floor

Minneapolis, MN 55415

Facsimile: (866) 969-1290

Phone: (800) 344-5128

Email: DAPSReorg@wellsfargo.com

 

Re: Owl Rock Technology Finance Corp. (the
 “Company”)

 

Ladies and Gentlemen:

 

This certificate is delivered to request
a transfer of $[___________] principal amount of the 6.75% Notes due 2025 (the “Securities”) of Owl Rock Technology
Finance Corp. (the “Company”).

 

Upon transfer, the Securities would be
registered in the name of the new beneficial owner as follows:

 

	Name: 	 	 

 

	Address: 	 	 

 

	Taxpayer ID Number: 	 	 

 

The undersigned represents and warrants
to you that:

 

	 	1.	We are an institutional “accredited investor” (as defined in Rule 501(a)(1), (2), (3) or (7) under the Securities Act of 1933, as amended (the “Securities Act”)) purchasing for our own account or for the account of such an institutional “accredited investor,” and we are acquiring the Securities not with a view to, or for offer or sale in connection with, any distribution in violation of the Securities Act. We have such knowledge and experience in financial and business matters as to be capable of evaluating the merits and risk of our investment in the Securities and we invest in or purchase securities similar to the Securities in the normal course of our business. We and any accounts for which we are acting are each able to bear the economic risk of our or its investment.

 

    	 	B-17	 

     

    

 

	 	2.	We understand that the Securities have not been registered under the Securities Act and, unless so registered, may not be sold except as permitted in the following sentence. We agree on our own behalf and on behalf of any investor account for which we are purchasing Securities to offer, sell or otherwise transfer such Securities prior to the Resale Restriction Termination Date only (a) to the Company or any Subsidiary thereof, (b) pursuant to an effective registration statement under the Securities Act, (c) in a transaction complying with the requirements of Rule 144A under the Securities Act, to a person we reasonably believe is a “qualified institutional buyer” under Rule 144A of the Securities Act (a “QIB”) that is purchasing for its own account or for the account of a QIB and to whom notice is given that the transfer is being made in reliance on Rule 144A, (d) to an institutional “accredited investor” within the meaning of Rule 501 (a)(1), (2), (3) or (7) under the Securities Act that is purchasing for its own account or for the account of such an institutional “accredited investor,” in each case for investment purposes and not with a view to or for offer or sale in connection with any distribution in violation of the Securities Act or (e) pursuant to any other available exemption from the registration requirements of the Securities Act, subject in each of the foregoing cases to any requirement of law that the disposition of property or the property of such investor account or accounts be at all times within our or their control and in compliance with any applicable state securities laws. The foregoing restrictions on resale will not apply subsequent to the Resale Restriction Termination Date. If any resale or other transfer of the Securities is proposed to be made pursuant to clause (d) above prior to the Resale Restriction Termination Date, the transferor shall deliver a letter from the transferee substantially in the form of this letter to the Company and the Trustee, which shall provide, among other things, that the transferee is an institutional “accredited investor” (within the meaning of Rule 501(a)(1), (2), (3) or (7) under the Securities Act) and that it is acquiring such Securities for investment purposes and not for distribution in violation of the Securities Act. Each purchaser acknowledges that the Company and the Trustee reserve the right prior to any offer, sale or other transfer prior to the Resale Restriction Termination Date of the Securities pursuant to clauses (d), (e) or (f) above to require the delivery of an opinion of counsel, certifications and/or other information satisfactory to the Company and the Trustee.

 

	 	3.	
        We [are][are not] an Affiliate of the Company.

         

        The Company and the Trustee are entitled
        to rely upon this letter and are irrevocably authorized to produce this letter or a copy to any interested party in any administrative
        or legal proceedings or official inquiry with respect to the matters covered hereby.

 

	 	TRANSFEREE
	 	 
	 	 
	 	[Insert Name of Transferee]
	 	 
	 	 
	 	Name:
	 	Title:

 

    	 	B-18Exhibit 10.8

Corporate Loan Receipt
of Bank of Dongguan

 

Quintuplicate

4

 

Contract
No.: D. Y. (0100) 2018 N. D. G. L. D. Zi, No.: 022230

 

Receipt
No.: 2018010000046455 November 5, 2018

  

	Name of Borrower	Guangdong Car House Industrial

 Development Co., Ltd.	Loan-granting Account No.:	 	The sheet is kept by the borrower after being sealed by the bank.
	Settlement Account No.	560000101007344
	Amount of Loan	RMB (In capital words): RMB Five Million Yuan Only	Amount
	 	 	 	¥	5	0	0	0	0	0	0
	Level of Interest Rate Term	Six months to one year (including)	Benchmark Interest Rate (%)	4.35	Range of upwards / downwards floating (%)	60	Interest Rate Enforceable (%)	6.96
	Type of Interest Rate	Fixed Interest Rate	Adjustment Ways of Interest Rate	/	Ways of Repayment	Method of One-time Repayment once due	Period of Repayment	One-time
    Repayment once due	Period
    of Interest Settlement	Settle
    on a monthly basis
	Usage	Pay
    for the goods	Term
    of Loan	From
    November 7, 2018 to November 8, 2019
	
        

         

        It has been approved to grant the above-mentioned loan and it
        has been transferred into your company’s account.

         

        With best regards,

         

         

        Institution:

         

        Bank’s seal: Bank of Dongguan Dongguan Branch
        – Business Finished (21) – November 9, 2018 (seal)

	Main person in charge of operation: (signature)	 	Person
    in charge: (signature) 
	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 

 

     

     

    

 

Working
Capital Loan Contract

 

(Version
2015)

 

 

 

 

 

 

 

 

 

 

 

Bank
of Dongguan

 

 

     

     

    

 

Please
Kindly Note that 

 

I.
In order to safeguard your interests, please read the following precautions carefully before signing the Contract:

 

		1.	You’ve
carefully read all the terms and the conditions of the contracts and known their meaning;

 

		2.	You’ve
ascertained that the relevant certificates and information provided to the bank are authentic, valid, complete and legal;

 

		3.	You’ve
ascertained that you yourself have the right to sign the contract, and also known the right that you will enjoy and the obligations
which you should assume after the contract is signed;

 

		4.	You’ve
confirmedly known that you should the legal and economic liabilities correspondingly for your any fraudulent and illegal acts;

 

		5.	You
will sign and perform the contract lawfully on a voluntary basis in the principles of honesty and good faith; and

 

		6.	Please
fill in what you need to complete neatly with a blue, black or sign pen.

  

    1

     

    

 

II.
If there are any questions in the contract, please consult wit Bank of Dongguan Co., Ltd before signing the contract.

 

Party
A (Borrower): See Article 18 of the contract.

 

Party
B (Lender): See Article 18 of the contract.

 

The
contract is entered into by and between Party A and Party B through negotiations in accordance with relevant laws, regulations
and laws of the People’s Republic of China in the principles of fairness, willingness, honesty and good faith.

 

Article
1 Amount of Loan See Article 20 of the contract for more information.

 

Article
2 Term of Loan See Article 21 of the contract for more information.

 

Article
3 Usage of Loan See Article 22 of the contract for more information.

 

Article
4 Interest Rate See Article 23 of the contract for more information.

 

Article
5 Granting of Loan 

 

I.
Request Date of Utilization See Article 24 of the contract for more information.

 

II.
Conditions Precedent to the Granting of Loan

 

Unless
otherwise waived by Part B, Party B has the obligation to grant a loan as long as all the following precedent conditions are met:

 

		1.	Party
A has carried out all the formalities of approval, registration, insurance, delivery for the loan under the contract as well as
all other legal formalities in accordance with the provisions of relevant laws, regulations and rules;

 

		2.	If
there are any securities under the contract, the security which has been in compliance with Party B’s requirements has been
valid and continuously effect;

 

		3.	There
is not any of the defaults stipulated by the contract occurring in Party A;

 

		4.	There
is not any material adverse event occurring in Party A and / or the Guarantor which may be sufficient to affect the safety of
loan;

 

		5.	No
laws, regulations or rules nor no competent authorities can prohibit and restrict Party B to grant the loan under the contract;

 

		6.	The
relevant account has been opened as stipulated by the contract; and

 

		7.	For
any other conditions required by Party B, see Article 25 of the contract for more information.

 

III.
Payment of Loan Fund

 

		1.	The
ways for loan fund payment under the contract is divided into the payment by Party B under entrustment and the payment by Party
A independently.

 

The
payment by Party B under entrustment refers to that, in accordance with the request of utilization made by Party A and the payment
under entrustment, Party B pays the loan fund to Party A’s transaction object which is in compliance with the usage of loan,
via the bank settlement account opened by Party A at Party B (for more specific information on the account, see Article 26 of
the contract).

 

The
payment by Party A independently refers to that, in accordance with the request of utilization made by Party A and the payment
under entrustment, Party B pays the loan fund directly to Party A’s bank settlement account via which Party A pays it independently
to Party A’s transaction object which is in compliance with the usage of loan.

 

    2

     

    

 

		2.	For
the determination of payment ways, see Article 27 of the Contract for more information.

 

		3.	Party
B has, in its own sole discretion, the right to determine the ways of payment for the loan fund under the contract in accordance
with the laws, the rules and regulations, regulatory systems and internal rules and regulations as well as the relevant data provided
by Party A; and also has the right to adjust the payment conditions of loan fund, for which Party A has no objections.

 

		4.	Party
A should be regarded to successfully utilize it immediately once the loan fund is transferred into Party A’s settlement
account, and Party A should perform its obligation of repayment under the contract. Party A should be liable for any consequences
arising from the enforcement measures taken by the competent authority, including but not limited to frozen account and deduction
after the loan fund is transferred into Party A’s settlement account. Moreover, Party A is still obliged to perform the
repayment obligation of the principal together with the interest and should compensate Party B with all the losses arising there-from.

 

		5.	For
payment by Party B under entrustment, Party A should provide the transaction data including the power of attorney for payment
and commercial contract as required by Party B, while Party B should be responsible for reviewing the above-mentioned data and
carries out the formalities of granting the loan for Party B after being reviewing. otherwise, Party B has the right to refuse
the granting of loan.

 

		6.	The
review made by Party B for the above-mentioned data does not mean that Party B has confirmed the authenticity of Party A’s
transaction as well as its legality and compliance nor mean that Party B is required to assume the obligations and liabilities
for Party A due to Party B’s intervention into Party A and its transaction counter party or any third party’s dispute
or demand. Party B will not assume any liabilities for Party B’s failure to complete the payment under entrustment in time
due to the inauthenticity, inaccuracy or incompleteness of data provided by Party A, and Party A’s obligation of repayment
incurred under the contract will not in any way be affected.

 

		7.	Refund
See Article 28 of the contract for more information.

 

		8.	Party
A should not dispose of the loan fund paid under entrustment in any ways (including but not limited to transfer or appropriation).
All the risks, liabilities and losses arising from the failure to pay, the error in paying or delay in paying the loan fund due
to Party B’s mistake, should be wholly assumed by Party A. In addition, all the losses incurred by Party B should be compensated
by Party A.

 

		9.	Party
A should not violate the provisions of the contract in avoiding the payment by Party B under entrustment in the way of breaking
the whole into parts.

 

		10.	For
the payment by Party A independently, Party A should provide the relevant data including commercial contract, proving the authenticity
of transaction background. If Party A fails to provide prior to the granting of the loan due to some objective reasons, Party
A should supplement the above-mentioned data within 30 days after the granting of the loan with the consent of Party B.

 

		11.	For
payment obligation of independent payment, see Article 29 of the contract for more information.

 

		12.	If
Party A faces the decrease in its credit status, its main business profitability, the abnormality in usage of loan fund or any
other illegal acts or has any of new regulatory requirements promulgated by the banking regulatory authority, both parties should
supplement the conditions for granting the loan and payment through negotiations or Party B directly stop granting and paying
the loan fund.

 

    3

     

    

 

Article
6 Repayment

 

I.
Principle of Repayment

 

Any
repayment made by Party A under the contract should be, firstly, used to discharge all kinds of expenses which should be assumed
by Party A and have been advanced by Party B, as well as the expenses arising from the realization of Party B’s creditors
and guaranteed rights; and the remaining of the repayment should be firstly discharged in accordance with the principle of paying
the interest prior to the principal hereof.

 

II.
Payment of Interest

 

Party
A should pay the due interest to Party B at the settlement date of interest. The first payment date of interest should be the
first settlement date of interest after the loan is granted. The interest, together with the principal of the loan should be paid
off after the loan is due.

 

III.
Ways of Payment See Article 30 of the contract for more information.

 

IV.
Repayment Account

 

Party
A authorizes Party B to deduct the amount repayable from the settlement account (that is, the repayment account. For the repayment
account, see Article 31 of the contract for more specific information) opened by Party A at Party B’s system. If the account
for deduction under entrustment is an account opened in the name of third person other than Party A, the third person should issued
a signed power of attorney, authorizing Party B to deduct the amount repayable of Party A from the account. Party A should deposit
the amount repayable in full into the repayment account prior to each repayment date of interest and principal. If the repayment
account is frozen or suspended payment, Party A should carry out the formalities of repayment at the counter of Party B without
delay.

 

V.
Account of Fund Withdrawal

 

Party
A should, at the request of Party B, designate the account of fund withdrawal (for the account of fund withdrawal, see Article
32 of the contract for more specific information), Party B should conduct regulatory control over the account and have the right
to deduct the amount repayable directly from Party A, and Party A should, at the request of Party B, provide the information on
the flow into and out of the account of fund withdrawal.

 

Article
7 Repayment in Advance 

 

I.
When Party A repays the interest in advance, Party A should inform Party B of it.

 

II.
When Party A repays the principal in advance, such repayment should be in compliance with the provisions of Article 33 of the
contract, Party A can fully or partially repay the principal and the interest of the loan with the consent of Party B.

 

For
the principal repaid by Party A in advance, the interest should be calculated at the number of days for its actual usage and the
interest rate as stipulated by the contract.

 

III.
If Party A repays the loan in advance, Party A should carry out the formalities for repayment at the business counter or other
channel designated by Party B.

 

    4

     

    

 

Article
8 Extension of the loan

 

If
Party A requires to extend the loan, such Extension should meet the provisions as stipulated in Article 34 of the contract. If
the loan is extended with the review and consent of Party B, the loan under the contract may be extended correspondingly only
after the parties sign the relevant Extension contract provided that a written opinion to continually provide the security is
obtained from the guarantor. As the continual of the contract, the formalities of change for insurance and guarantee should be
carried out correspondingly as the request of Party B.

 

If
Party A fails to apply for such Extension or such Extension applied does not obtain the approval, its loan should be dealt with
in accordance with the provisions for overdue loan as of the following day of its due date.

 

Article
9 Guarantee of Loan See Article 35 of the contract for more information.

 

Article10
Party A’s representations and warranties

 

		I.	Party
A represents as follows:

 

		1.	Party
A is a duly registered and lawfully existing company and has the full capacity for civil rights and the capacity for conduct required
to sign and perform the contract.

 

		2.	Signing
and performance of the contract is the expression of Party A’s true meaning and to have obtained the legal and effective
authorization required in accordance with the Articles of Association or any other internal management documents. Moreover, such
signing and performance thereof will not breach any agreements, contracts and other legal documents which may be binding upon
Party A. Party A has obtained or will obtain all the approvals, permits, filing or registration required to sign and perform the
contract.

 

		3.	All
the documents, financial statements, vouchers and any other data provided by Party A to Party B under the contract are true, complete,
accurate and effective.

 

		4.	The
transaction background applied by Party A to conduct businesses is true and lawful but not for any illegal purposes including
money laundering.

 

		5.	Party
A does not conceal to Party B any matters which may affect its or the guarantor’s financial status or capacity to perform
the contract; and

 

		6.	For
any other matters represented by Party A, see Article 36 (1) of the contract for more information.

 

II.
Party A warranties as follows:

 

		1.	To
submit to Party B its financial statements (including but not limited to annual statement, quarterly statement and monthly statement
), as well as any other relevant data on a regular basis or in time at the request of Party B, and the financial statement s true,
accurate, complete and effective;

 

		2.	To
provide to Party B all the documents and data relating to the loan at the request of Party B, actively cooperate with and assist
Party B in performing the contract and using such credit loan, provide all the information on inspection, investigation and supervision
of production operation, fund and financial activities as they are (including the information before and after the loan); undertake
to cooperate with Party B in managing and paying the loan, post-loan inspection and relevant inspection and management works based
on the methods of China Banking Regulatory Commission (CBRC) (or any other statutory financial regulatory authority) concerning
management of loans; and provide the borrower with the true information on payment and transfer of the loan;

 

    5

     

    

 

		3.	Party
A warranties to pay the loan fund according to the contract rather than avoid the payment by Party B under entrustment via the
ways incl. breaking the whole into parts. At the same time, Party A warranties to accept and actively cooperate with Party B in
managing and monitoring all kind of accounts as stipulated in the contract. When Party B finds any abnormal changes in the flow
of fund out of the above-mentioned accounts, Party B has the right to ask Party A to explain and Party A should warranty to provide
relevant written explanations within two (2) working days after Party B provides such requirements. If there is any abnormal conditions
in Party A’s fund withdrawal which may affect the source of repayment, Party B has the right to decide unilaterally
whether to take back the loan in advance.

 

		4.	Party
A warranties to provide the relevant accurate documents and data involving the loan fund at the request of Party B in time when
applying for the utilization according to the contract. If Party A breaks the contract in making the payment to its transaction
counter party or Party B suffers from any losses due to Party A’s failure to provide the above-mentioned data or the provision
of any false data, Party A should all the liabilities arising there-from and compensate Party B with such losses.

 

		5.	If
Party A has entered into or will enter into a counter guarantee agreement or similar agreement with the guarantor under the contract
in respect of the obligations warranted by it. The agreement will not prejudice any of Party B’s rights under the contract;

 

		6.	If
Party A changes its legal representative (person in charge), address or business address, Party A should inform Party B of such
change in written form in advance. If there are any other conditions occurring which may affect Party A or the guarantor’s
financial status and the capability to perform the contract, including but not limited to close down, suspension of business,
dissolution, revocation, (applied) application for bankruptcy, guaranty seized, major lawsuit involved or arbitration case or
the person in charge involved in any illegal criminal activities, or difficulties in its operation or becoming worse in financial
status or Party A may have any event of default under any other contract, Party A should inform Party B of that in written form
immediately.

 

		7.	If
there are any conditions occurring that may affect Party A or the guarantor’s financial status and the capability to perform
the contract, including but not limited to any kinds of changes in any form such as schism, merger (annexion), joint operation,
joint venture, cooperation, contracting, leasing, reorganization, restructuring, mode of business including the plan for listing,
decrease in registered capital, equity transfer, shareholding reform; external investment, sales, donation, leasing, lending,
transfer, mortgage, pledge or otherwise disposal of major assets, whole or partial assets; undertake major liabilities, substantially
increase of debt financing, or new major liabilities created for the guaranty, Party A should obtain the approval from Party B
in advance.

 

		8.	Party
A warranties that its production operation as well as its relevant acts will comply with relevant provisions, including but not
limited to industry policies, fiscal taxation policies, market access, environmental assessment, energy-saving and emission reduction,
energy consumption and pollution control, resource utilization, land and urban planning as well as labor safety. If Party A breaches
one of the above-mentioned or there are any of the above-mentioned risks occurs, Party A agrees that Party B has the right to
take the measures including the suspension of granting the loan, taking back the loan in advance, disposal of / pledging of he
property in advance, Party A’s addition or consumption of energy or pollution;

 

    6

     

    

 

		9.	The
order of Party A discharging Party B’s debt should be precedent over its loan from Party A’s shareholder and not lower
than the debts similar to other creditors;

 

		10.	Party
A should not dispose of its own assets by lowering its own capability to discharge the loan and undertakes that the total amount
guaranteed externally and the amount guaranteed separately should not exceed the limits as stipulated by its Articles of Association;

 

		11.	Party
A warranties to Party B that it will repay the principal of the loan together with the interest on schedule, and assume and pay
all the relevant expenses arising from the conclusion of the contract, performance of the contract and settle of the disputes,
including but not limited to notarization fee, assessment fee and counsel fee as well as the litigation costs, execution fees
and attorney’s fees arising from the realization of creditor’s rights; and

 

		12.	For
any other matters undertaken by Party A, see Article 36 (2) of the contract for more information.

 

Article
11 Default and Disposal

 

I.
Expected Default and Disposal

 

If
Party B has any conclusive evidences proving that Party A has one of following conditions before granting the loan under the contract,
Party B may stop performing the contract:

 

		1.	Party
A’s business conditions has become seriously deteriorated;

 

		2.	Party
A has transferred its property or secretly withdrawn its fund to avoid its credits;

 

		3.	Party
A (including its legal representative) has lost its commercial reputation or is facing major lawsuit and / or arbitration;

 

		4.	Any
other conditions which have lost or may lose its capacity to perform its obligation of repayment.

 

If
Party A fails to restore its capacity to perform its obligation of repayment and also fails to provide Party B with any proper
guarantee within 30 days after Party B stops performing its obligation, Party B may terminate the contract.

 

II.
Party A’s Event of Default and Disposal

 

		1.	If
there is one of following matters, Party A should constitute or be regarded as Party A’s event of default under the contract.

 

		(1)	Party A fails to perform the payment and settlement obligation to Party B in accordance with the loan agreement;

 

		(2)	Party A fails to use the obtained fund for the agreed purpose or the withdrawal of funs fails to meet the agreements;

 

		(3)	Party
A fails to the loan fund according to the contract or avoid the payment by Party B under entrustment via the ways of breaking
the whole into parts;

 

		(4)	Party A breaches its representation and warranties;

 

    7

     

    

 

		(5)	Even
if any condition occurred under the contract may, in the opinion of Party B, affect Party A or the guarantor’s financial
status or the capability to perform the obligations under the contract, but Party A fails to provide a new guarantee and replace the guarantor as required;

 

		(6)	Party
A and the guarantor have any event of default and other event of cross event under any other contract made by and between Party
B or other institution of Bank of Dongguan Co., Ltd.;

 

		(7)	Party
A fails to make any written statement on the abnormal change of fund flow in the relevant accounts under the contract within the
prescribed deadline;

 

		(8)	Party
A fails to provide any data and documents related to the loan and the loan fund as they are;

 

		(9)	Party
A terminates its business or the event of dissolution, revocation or bankruptcy occurs;

 

		(10)	other
conditions including the conditions of Party A’s business has deteriorated seriously; Party A transfers its property, or
withdraw its fund to avoid its debts; Party A (including its legal representative) has lost its commercial reputation or is facing
major lawsuits or arbitration; has lost or may lose its capacity to perform the obligation of repayment;

 

		(11)	If
the guarantor violates any provisions in the guarantee contract, Party B believes in its own discretion that such violation is
sufficient to endanger the realization of the creditor’s rights under the contract;

 

		(12)	Party
A is punished by the relevant government departments due to its poor environmental and social risk management; Party A is strongly
questioned by the public and / or media for its poor environmental and social risk management; any other events of default including
the event of cross defaults as agreed by Party A and Party B in environmental and social risk management; and any reasonable statements,
guarantees and commitments made by Party A regarding environmental and social risk management have not been seriously fulfilled;
and

 

		(13)	other
conditions which may, in the opinion of Party B, endanger the safety of other creditor’s rights.

 

		2.	In
the event that a breach of contract as stipulated in the preceding paragraph occurs, Party B has the right to take the following
measures separately or at the same time depending on the specific situation:

 

		(1)	To
change the ways of paying its loan fund;

 

		(2)	To
require Party A and the guarantor to correct their breach of contract within a time limit;

 

		(3)	To
wholly or partially adjust or reduce, suspend or terminate the limit of Party A’s granting credit;

 

		(4)	To
wholly or partially suspend or terminate the acceptance of Party A’s application for such businesses including the utilization
under other contracts made by and between Party A and Party B; and to wholly or partially suspend or terminate issuing or carrying
out the formalities of granting credit which has not approved;

 

		(5)	To
announce the outstanding granting credit and other accounts payable under any other contract by and between Party A and Party
B wholly or partially due immediately;

 

		(6)	To terminate of business or dissolution, cancellation or bankruptcy of Party A;

 

		(7)	To
ask Party A to compensate Party B for any losses caused by its breach of contract;

 

    8

     

    

 

		(8)	Only
with prior subsequent notice, Party A can deduct the amount from the account opened by Party A at Party B and other institution
of Bank of Dongguan Co., Ltd., in order to wholly or partially discharge Party A’s debts owed to Party B under the contract.
Any undue accounts should be considered to be due earlier. If the account currency is different from the valuation currency for
granting credit of the specific credit business under the contract, when the valuation currency for granting credit of the specific
credit business under the contract is the same currency as the account currency but falls into different currency, the valuation
currency of the specific credit business under the contract should be converted according to the spot exchange rate promulgated
by Party B at any time point of the day when the amount is deducted. When the valuation currency of the specific credit business
under the contract is a kind of foreign currency but the account currency is RMB, the valuation currency of the specific credit
business under the contract should be converted according to the selling price of spot exchange promulgated by Party B at any
time point of the day when the amount is deducted. When the valuation currency of the specific credit business under the contract
is RMB but the account currency is a kind of foreign currency, the valuation currency of the specific credit business under the
contract should be converted according to the buying price of spot exchange promulgated by Party B at any time point of the day
when the amount is deducted;

 

		(9)	To
exercise the right of guaranty;

 

		(10)	To
ask the guarantor to assume the responsibility for guarantee;

 

		(11)	To
adopt the stricter payment management means or methods than before; include it and its major associated parties into the key monitoring
scope of payment; list it into the backlist and submit it to the regulatory authority and the credit-granting organism; and

 

		(12)	other
measures taken which Party B thinks it necessary or possible.

 

III.
If Party B is unable to perform the contract to grant the loan due to any changes in national credit policies after Party B and
Party A have entered into the contract, Party B should not be regarded as a breach of contract.

 

Article
12 Reservation of Rights

 

During
the performance of the contract, if Party A delays performing its obligations under the contractual, or if Party B imposes any
tolerance or grace on any breach or delay of Party A, it should not impair, affect, or restrict all the rights which Party B should
enjoy in accordance with the contract and the laws, regulations and rules and Party B should be regarded to have permitted or
given acquiescence for any default acts nor to have waived the right to take any actions against Party A’s current or future
breach of contract.

 

Article
13 Information Protection and Exceptions

 

I.
Party B should properly take care of Party A’s information, financial information and other relevant materials submitted
by Party A in performing its obligations under the contract, in order to ensure that it will not be illegally tampered with, abused,
sold or used unless otherwise stipulated by other laws, regulations and rules or disclosed by Party B to any third party in accordance
with the contract.

 

II.
Party B has the right to provide the information on the contract and other relevant information to the People’s Bank of
China Credit Information Basic Database or any other legally established credit databases in accordance with the relevant laws,
regulations and rules or to the regulatory documents or the requirements of financial regulatory authorities, in order to be inquired
and used by the appropriately qualified institutions or the individuals. Party B also has the right to enquire about the relevant
information on Party A through the People’s Bank of China Credit Information Basic Database or any other legally established
credit databases, for the purposes of the conclusion and performance of the contract.

 

    9

     

    

 

III.
Party B may disclose to any potential assignee or any other person who may make a contract with Party B the relevant information
on Party A as Party B may think appropriate for the contract.

 

Article
14 notarization

 

If
any party to the contract asks for notarization, the contract should be notarized at a notary office stipulated by the state,
and the notarial fees should be borne by Party A.

 

both
parties A and B agree and confirm that, the contract will become an enforceable creditor’s right instrument once notarized
by a notary office. When Party A fails to pay off the principal and interest of the debt owed to Party B on schedule and any other
expenses payable or breaches the obligations under the contract, Party B has the right to apply for enforcement to the people’s
court with jurisdiction, and Party A agrees to accept the enforcement unconditionally, and renounces its right of defense.

 

Article
15 Party A and Party B undertake that, in order to reach and / or perform the contract, its and its related director, senior
executives, employees, agents or consultants have never violated and will not violate any relevant laws, regulations and rules
as well as the disciplinary inspection requirements nor provide any payment or transfer of value directly or indirectly to any
governmental official, other party to the contract, any relevant third party and its associated persons, including director, supervisor,
senior executives, employees, agents or consultants of its associated party; and the payment or transfer of such value has a commercial
bribery, accepts or has an acquiescence of kickbacks or achieves some purpose in any other illegal or improper ways or has an
influential effect, including but not limited to monetary funds, tangible / intangible assets, services , employment, business
opportunities, etc.

 

Party
A and Party B confirm that, if a party suffers from any damages due to other party’s violation of the foregoing provisions,
the party should assume the corresponding liabilities for its breach of contract. If such breach constitutes a crime, it will
be transferred to the judicial authority.

 

If
Party A and its working staff find that Party B’s working staff violates the regulations in carrying out the business and
misleads the customer in the course of business, holds back without permission or keeps such important information and items including
the customers’ password and bank card, ID card, handbook, real estate certificate and so on; receives from the customers
and asks for any commercial briberies including the rebates from any customer, intermediary fees, service fees and other property
in private while acting for the customers in managing wealth, funds and stock transactions in violation of the rules; asks the
customers to provide any benefits or any conveniences to their specific related persons, embezzles and misappropriates the customers’
funds, property and does any other acts to violate the honest disciplines, Party A should promptly report or complain it to Party
B. Party A can make feedback or complaints to Party B through any of the following channels: (1) 24-hour service hotline: 40011-
96228; (2) email for online complaint: hzbgs@dongguanbank.cn; and (3) address for letter complaint: Department of Supervision,
Bank of Dongguan, No. 21 Tiyu Road, Dongguan City, Guangdong Province.

 

    10

     

    

 

Article
16 Effectiveness of Contract, Change, Cancellation and Termination 

 

I.
The contract should take effect as of the date when both parties sign or seal the contract respectively, till the principal of
the creditor’s rights under the contract, the interest, default interest, compound interest, compensations, the cost required
to realize the creditor’s rights and all other fees payable under the contract have been wholly discharged.

 

II.
The invalidity or unenforceability of any clause hereof will not affect the validity and enforceability of any other clauses nor
impair the effectiveness of the entire contract.

 

III.
After the contract becomes effective, neither Party A nor Party B can change or terminate the contract ahead of time without authorization.

 

The
contract can be changed or amended in written form with negotiations of both parties. Any change or amendment will constitute
an integral part of the contract.

 

IV.
The change and dissolution of the contract will not affect the rights of both parties to claim damages, nor affect the effectiveness
of the contract relating to the provisions of dispute settlement.

 

Article
17 Special Prompts

 

Party
B should take reasonable measures to remind Party A of paying more attention to exception clauses or restriction clauses under
the contract, and make full explanation to the relevant clauses at the request of Party A. both Party A and Party B have no objection
to the understanding of all the contents of the contract.

 

【For
any other clauses, see the printed (completed) clauses for more information】

 

    11

     

    

 

The
Printed (Completed) Clauses of Working Capital Loan Contract

 

Contract
No .: D. Y. (0100) 2018 N. D. G. L. D. Zi, No. 022230

 

Article
18 The parties to the contract are as follows:

 

Party
A (borrower): Guangdong Car House Industrial Development Co., Ltd.

 

Address:
Rm. 4801-4810, Taishang Building, No. 11 Dongguan Avenue, Huolianshu Community, Dongcheng District, Dongguan City

 

Legal
Representative / Person in charge: Jiang Haitao Title: Legal representative

 

Business
License No.: 91441900764929776P

 

Party
B (Lender): ​​Bank of Dongguan Co., Ltd. Zhongxinqu Branch

 

Address:
1F, Non-governmental Finance Building, No. 111 Guantai Road, Nancheng District, Dongguan City 

 

Legal
Representative / Person in charge: Wu Xuefeng Title: Person in charge

 

Tel.:
0769-22985202 Fax: 0769-22985101 Postal Code: 523000

 

Article
19 Place of Signing: Nancheng District, Dongguan City

 

Article
20 Amount of Loan

 

Party
B has, at the request of Party A, agreed to grant the following loan to Party A: Currency: RMB; Amount: (in capital words)
RMB Five million Yuan only (in figures) ¥5, 000, 000. 00.

 

Article
21 Term of Loan

 

The
period of loan will be valid from November 5, 2018 to November 4, 2019.

 

The
information on actual term of loan, date of granting loan, amount of loan and interest rate of loan should be subject to the contents
recorded in the transfer and deposit voucher of the loan under the contract (the receipt for the loan, the same below), to which
Party A has no objection. The contract may correspond to multiple receipts of the loan.

 

Article
22 Usage of Loan

 

The
loan under the contract is used only to pay for the goods.

 

The
working capital loan under the contract should not be used for investment in fixed assets and / or equity, etc. nor used for the
fields and usages of production and operation prohibited by the State. Party A should provide the information such as commercial
contracts that can prove the usage of the loan. Party A should not change the usage of the loan without the written consent of
Party B.

 

Article
23 Interest Rate

 

I.
Interest Rate of Loan

 

The
interest rate of the loan under the contract is the annual interest rate.

 

The
conversion formula for the interest rate of Hong Kong dollar and British pound: monthly interest rate = annual interest rate /
12, and daily interest rate = annual interest rate / 365.

 

The
conversion formula for the interest rate of any other currency: monthly interest rate = annual interest rate / 12, and daily interest
rate =annual interest rate / 360.

 

    12

     

    

 

The
interest rate of loan under the contract is the 1st one of the following interest rates:

 

		1.	The
fixed interest rate, that is, 6.96%, the interest rate remains unchanged during the term of the loan;

 

		2.	The
adjustable interest rate, that is, / % (upwards/ downwards) floating on the basis of / (benchmark interest rate
/ LIBOR / HIBOR) , plus / minus / base point (1 base point = 0.01%). When the benchmark interest rate / LIBOR / HIBOR changes,
Party B may adjust the benchmark interest rate of the same grade in the new same term as the original floating range, and the
difference point according to the provisions under the contract. Party B will not notify Party A and the guarantor of such adjustment
separately. The first one of the following methods is adopted to determine the adjustment method of interest rate for the
loan:

 

		(1)	Adjustment
of daily interest rate corresponding to value date

 

The
interest rate will be adjusted every / (1/3/6/12) months as of the value date. The date of interest rate adjustment is
the date corresponding to the first date of interest rate adjustment in the adjustment month. If there is not a date corresponding
to the first date of interest rate adjustment in the adjustment month, the last day of the adjustment month is the date of interest
rate adjustment.

 

		(2)	Adjustment
of fixed daily interest rate

 

As
of the value date, the first date of interest rate adjustment will be determined as the / day of the first / month
after the loan is granted, and the interest rate will be adjusted every / (1/3/6/12) months after the first date of interest
rate adjustment. The date of interest rate adjustment is the date corresponding to the first date of interest rate adjustment
in the adjustment month. If there is not a date corresponding to the first date of interest rate adjustment in the adjustment
month, the last day of the adjustment month is the date of interest rate adjustment.

 

		3.	The
floating interest rate, that is, / % (upwards/ downwards) floating on the basis of benchmark interest rate / LIBOR / HIBOR,
plus / minus / base point (1 base point = 0.01%), the interest rate of the loan will vary together with the change of benchmark
interest rate. The date of interest rate adjustment is referred to as the date of benchmark interest rate adjustment and Party
B will not notify Party A and the guarantor of it separately.

 

		4.	Others:
/                                                                                                                                                                                      .

 

II.
Default Interest

 

The
default interest rate under the contract is the annual interest rate.

 

		1.	If
Party A fails to use the loan according to the usages agreed under the contract, the default interest should be charged for the
part of the loan used in violation of the contract during the period of default at the applicable interest rate for the loan at
that time plus 100%.

 

		2.	If
Party A fails to repay the loan on schedule or perform the obligation of repayment under the contract, the default interest should
be charged for the overdue loan during the overdue period at the applicable interest rate for the loan at that time plus 50%.

 

		3.	If
Party A fails to use the loan in accordance with the usages agreed in the contract or does not repay the loan on schedule, it
should be punished severely.

 

III.
The so-called benchmark interest rate under the contract refers to the interest rate of the loan with the same term promulgated
by the People’s Bank of China on the value date; thereafter, when the interest rate of loan or the default interest rate
is adjusted in accordance with the foregoing provisions of the contract, the benchmark interest rate is the interest rate of the
loan with the same term promulgated by the People’s Bank of China at the same day as the adjustment date; if the People’s
Bank of China does not promulgate the interest rate for the loan wit the same term any longer, the benchmark interest rate refers
to the interest rate of the loan with the same term publicly recognized by the interbank or promulgated by Party B on the date
of interest rate adjustment, unless otherwise agreed by both parties.

 

    13

     

    

 

Libor
refers to the London interbank offered rate while Hibor refers to the Hong Kong interbank offered rate.

 

IV.
The interest for the loan should be calculated from the date when the loan is transferred to Party A’s account. The interest
for the loan under the contract should be calculated on a daily basis. If Party A is unable to pay the interest on schedule, the
compound interest should be calculated and collected from the following day on. For the interest that Party A does not pay on
schedule (including the interest corresponding to the principal of the loan wholly or partially due announced by Party B in advance,
and the default interest, the compound interest should be calculated from the overdue date to the date when all the amounts are
fully discharged.

 

V.
Settlement of Interest

 

		1.	When
the benchmark interest rate changes, Party B may adjust it according to the adjustment ways of interest rate agreed under the
contract, the new benchmark interest rate for the loan with the same term and the original floating range and will not inform
Party A of it any longer. If the interest rate of the loan is adjusted in the same interest period, the interest will not be calculated
by segments;

 

		2.	The
interest for the loan under the contract should be settled on a monthly basis and the date of interest settlement should be the
20th day of every month; and

 

		3.	For
the one-off repayment of principal and interest, the date of repayment of principal and interest should be the settlement date.

 

VI.
If Party A violates any provision or commitment under the contract, Party B has the right to adjust the floating range of interest
rate for the loan as 100% upwards floating of benchmark interest rate (of benchmark interest rate / LIBOR / HIBOR),
plus / minus / base point (1 base point = 0.01%). The floating range of adjusted interest rate will no longer be adjusted.

 

VII.
During the validity period of the contract, if the State implements the control over and intervention in the interest rate of
loan, the method of benchmark interest rate determination, the method of interest rate calculation and settlement and the floating
range of interest rate, it is necessary for Party B to adjust the above-mentioned provisions of the contract without further consent
of Party A, that is, Party B can modify the provisions of the contract concerning the interest rate in accordance with the latest
national regulations promulgated by the State.

 

VIII.
The interest as stipulated in the contract includes VAT, and the VAT rate is 6%.

 

Article
24 Application Date of Utilization

 

 

 

Party
A’s first application date of utilization must be no later than May 4, 2019; and its last application date of utilization
must not later than November 4, 2020.

 

Article
25 In addition to meeting the requirements as stipulated in Article 5 (2) hereof, it must be also meet the provisions as stipulated
in current clause: .

 

Article
26 Party B is entrusted to pay the loan funds via the bank settlement account opened by Party A at Party B (account name:
Guangdong Car House Industrial Development Co., Ltd. and account No.: 560000101007344).

 

    14

     

    

 

Article
27 Determination of Payment Method

 

I.
If any of the following conditions is met, the method of payment by Party B under entrustment should be adopted.

 

		1.	Where
the payment object is clear and the amount of single payment is more than RMB 10,000.00 (including);

 

		2.	Where
the payment object is clear and the amount of single payment exceeds 1 % of the loan amount (including) under the contract;

 

		3.	Payment
of full amount under entrustment.

 

II. If any of the following conditions is
not met, the method of payment by Party A independently may be adopted with the consent of Party B.

 

	 	 	 

 

Article
28 Refund

 

If
the method of payment by Party B under entrustment is adopted, and the refund occurs in the opening bank of Party A’s transaction
counter party so that Party B cannot successfully pay the loan fund in time at the entrustment of Party A, Party B will not assume
any liabilities for that and Party A’s obligation of repayment which has generated under the contract will not be affected
any more. For the refunded amount, Party A should resubmit the power of payment attorney and relevant documents within 1 bank
working day after receiving such refund notice.

 

Article
29 Reporting Obligations of Independent Payment

 

If
the payment by Party A makes independently is adopted, the information on the payment of loan fund should be summarized and reported
to Party B within / days (in the end of current month / current quarter) after such independent payment is made and the
relevant data documents, including but not limited to bank statement and payment voucher, should be also submitted as required
by Party B.

 

Article
30 Method of Repayment

 

If
the loan under the contract is a medium- and long-term loan, Party A should repay Party B’s loan by installments, at least
once every six months.

 

		1.	The
above-mentioned loan should be repaid according to the 3rd one of the following methods:

 

		(1)	Repayment
method of equal principal and interest;

 

		(2)	Repayment
method of equal principal;

 

		(3)	One-time
repayment of principal and the payment of interest by installments on maturity; and

 

		(4)	One-time
repayment of principal and interest on maturity; and

 

		(5)	other
method of repayment: /                                          .

 

		2.	If
the repayment method of equal principal and interest, the repayment method of equal principal or one-time repayment of principal
and the payment of interest by installments on maturity is adopted, Party A should repay the principal and interest of the loan
by installments on a monthly basis (monthly / quarterly / semi-annual / yearly) since the loan is granted. There are 12
installments for the loan and the 20th day of every month (monthly / quarterly / semi-annual / yearly) is the
repayment date. If the granting date does not correspond to the repayment date, the amount at the first installment and the last
installment should be calculated according to the number of actual days.

 

    15

     

    

 

If
Party A needs to change the repayment plan, Party A should apply it to Party B 30 bank working days prior to the date of interest
settlement or the expiration of the loan and such change of repayment plan should be confirmed by both parties in written form.

 

Article
31 Repayment Account

 

The
information on the account of repayment settlement as stipulated in Article 6 (4) is detailed as follows: Account name: Guangdong
Car House Industrial Development Co., Ltd. and account No.: 560000101007344).

 

Article
32 Account of Fund Withdrawal

 

The
information on the account of fund withdrawal as stipulated in Article 6 (5) is detailed as follows: Account name: Guangdong
Car House Industrial Development Co., Ltd., account No.: 560000101007344 and opening bank: Bank of Dongguan).

 

Article
33 If Party A repays the principal in advance, it must submit a written application to Party B 30 bank working days
in advance.

 

Article
34 Loan Extension

 

If
Party A requires the loan to be extended, it should submit a written application to Party B 60 days before the loan under the
contract is due.

 

 

Article
35 Loan Guarantee

 

I.
For the debts owed by Party A to Party B under the contract, Party A and Party B agree that the following guarantee method should
be adopted for the loan: (1) Guarantee Contract for Maximum Amount (Contract No.: D. Y. (0100) 2018 N. Z. G. B. Zi, No.: 027027
); (2) Guarantee Contract for Maximum Amount (Contract No.: D. Y. (0100) 2018 N. Z. G. B. Zi, No.: 027030 ); (3) Mortgage
Contract for Maximum Amount (Contract No.: D. Y. (0100) 2015 N. Z. G. D. Zi, No.: 023023) and (4) Mortgage Contract for
Maximum Amount (Contract No.: D. Y. (0100) 2015 N. Z. G. D. Zi, No.: 023021), as well as any other guarantee ways as stipulated
in the relevant guarantee contracts.

 

II.
If Party A or the guarantor has an event which may, in the opinion of Party B, affect its ability to perform the contract, or
the guarantee contract becomes invalid, canceled or revoked, or the economic conditions of Party A or the guarantor becomes worse
or Party A or the guarantor is involved in a major lawsuit or arbitration, or its ability to perform the contract may be affected
due to other reason, or the guarantor has any default under the guarantee contract or any other contract signed with Party B,
or the guaranteed property is depreciated, damaged, lost or closed down, so as that the guaranteed value weakens or is lost, Party
b has the right to ask and Party A has the obligation to provide a new guarantee, replace the guarantor take back the loan in
advance.

 

    16

     

    

 

Article
36. other Matters Represented and Warrantied by Party A

 

In
addition to the representations made for the matters as stipulated in Article 10 (1) hereof, Party A should also make the representations
as follows:

 

/

 

 

 

In
addition to the warranties made for the matters as stipulated in Article 10 (2) hereof, Party A should also make the warranties
as follows:

 

/

 

 

 

☒
(This is an optional clause. If applicable, tick √ in the ☐; if not applicable, tick X in the ☐ ) Party A represents
and warrants that there are no major lawsuits related to environmental and social risks; undertakes to comply with all the codes
of conduct and performance compliance in respect to environmental and social risks; undertakes to establish and perfect a sound
internal management system for the environmental and social risk; stipulates in details the responsibilities. Obligations and
punishment measures for the relevant responsible personnel; undertakes to establish and perfect an emergency response mechanism
and take measures for environmental and social risks ; undertake to set up special departments and / or designate specialized
personnel to take the charge in environmental and social risk matters; undertakes to cooperate with Party B or any third party
recognized by it in assessing and inspecting the borrower’ s environmental and social risks; undertakes to make appropriate
response or take other necessary actions in face of strong doubts about the performance of the public or other stakeholders in
controlling environmental and social risks; undertakes to urge any vital associated parties to strengthen management, thus preventing
from the infection of environmental and social risks of associated parties; and undertakes to perform any other matters which
may, in the opinion of Party B, be associated with the control of environmental and social risks.

 

Article
37 ☒ (This is an optional clause. If applicable, tick √ in the ☐; if not applicable, tick X in the ☐)
Party A should fully report to Party B all relevant conditions immediately: all kinds of permits, approvals, and approvals related
to environmental and social risks during the process of construction, construction, operation and shutdown; the assessment and
inspection made by the environmental and social risks by the environmental and social risk regulatory authority or the institution
recognized by it to Party A’s environmental and social risks; supporting construction and operating conditions of environmental
facilities; discharge and compliance of pollutants; the safety and health of employees; major complaints and protests from neighboring
communities against Party A; major environmental and social claims; and any other major conditions that may, in the opinion of
Party B, be associated with environmental and social risks.

 

Article
38 ☒ Disclosures for the related transactions made within the group to which Party A is affiliated. (This is an optional
clause. If applicable, tick √ in the ☐; if not applicable, tick X in the ☐)

 

I.
Party A falls into the group customers recognized by Party B in accordance with the Guidelines of Commercial Banks for the Risk
Management of Group Customer Credit-granting Business. Party A should report to Party B the conditions of any related transaction
that accounts for more than 10% of Party A’s net assets, including but not limited to:

 

		1.	The
relationship between the parties to the transaction;

 

		2.	The
transaction item and the nature of transaction;

 

		3.	The
amount of the transaction or the corresponding proportion; and

 

		4.	Pricing
policies (including transactions without amounts or only with a symbolic amount).

 

    17

     

    

 

II.
If Party A has one of the following circumstances, Party B has the right to unilaterally decide to stop paying Party A the loan
which has not been used yet, recover the principal and interest of loan wholly or partially in advance and take other measures
according to law:

 

		1.	To
provide any false materials or conceal important operating and financial facts;

 

		2.	To
change the original usage of the loan without the consent of Party B, misappropriate the loan or engage in illegal transactions
or illegal trading by making use of bank loans;

 

		3.	To
discount, pledge or cash out any bank fund or granting-credits by making use of false contracts with related parties or the creditor’s
rights including bills receivables and accounts receivable which have no real trading backgrounds;

 

		4.	To
refuse to accept Party B’s supervision and inspection to the usage conditions of its credit fund and relevant operating
and financial activities;

 

		5.	To
have any major merger, acquisition and / or reorganization, etc. which may, in the opinion of Party B, affect the safety of loan;

 

		6.	To
intentionally evade the claims from the bank through related transactions; and

 

		7.	other
major defaults determined by Party B.

 

Article
39 Party A does not use the funds received for the agreed purpose, and the conditions of fund withdrawal does not meet the
agreement or the financial indicators agreed by Party A: / .

 

Article
40 Applicable Law and Resolution of Dispute

 

I.The
conclusion of the contract, effectiveness, interpretation, performance and dispute resolution should be applicable to the Laws
of the People’s Republic of China.

 

II.
Any dispute arising from the performance of the contract should be firstly settled by Party A and Party B through negotiations;
if such negotiation fails, it may be settled through the 1st one of following methods:

 

		1.	To
file a lawsuit to the People’s Court where Party B is located or apply for enforcement;

 

		2.	To
file a lawsuit to the place where the contract is signed or apply for enforcement;

 

		3.	Through the ways of
                                                                                                                                                               arbitration, submit it to / (filled in with the name of the Arbitration Committee) for ☐ public trial ☐ written trial; if a written trial is selected, the trial should be conducted by a sole arbitrator.

 

	4. 	Others: /	 

 

If
the dispute does not affect the performance of other terms and conditions under the contract during the period of dispute resolution,
the other terms and conditions hereof should be continually performed.

 

Article
41 Supplementary Rules

 

I.
Following annexes and any other annexes jointly confirmed by both parties will form an integral part of the contract and have
the same legal effect as the contract:

 

		1.	Application
of Utilization \ Application of Credit-granting Limit;

 

		2.	Power
of Payment Attorney (if any);

 

		3.	Loan
receipts or vouches or other creditor’s rights and debt certificates; and

 

	4.	/	 

  

    18

     

    

 

II.
Party A hereby confirms that all the documents including notices, instruments and letters issued by Party B, the judiciary or
arbitration authority to Party A, including but not limited to the instruments for the first instance, second instance, retrial,
enforcement procedures and arbitration as well as the letter sent by Party B to Party A for debt calls and / or the notice announcing
that the loan is due ahead of time, may be sent by registered mail, facsimile, by courier or in any other form of communication.
The relevant documents should be sent to the address as follows:

 

Party
A’s address: Rm. 4801-4810, Taishang Building, No. 11 Dongguan Avenue, Huolianshu Community, Dongcheng District, Dongguan
City

 

Attention:
Jiang Haitao Postal Code: 523000

 

Tel.:
13602314140 Fax:   /                                                

 

If
there is any change in the above-mentioned matters, the related party should notify Party B of it in written form within 5 days
after such change. otherwise, the documents including various kinds of notices and letters which are addressed to the above-mentioned
address should be deemed to have been served.

 

If
Party A cannot receive the legal instruments due to the inaccurate service address confirmed by Party A, or failure to inform
Party B of the changed service address for confirmation according to the procedures or the condition that Party A or its designated
recipient refuses to sign and receive it, Party A should solely assume any legal consequences arising from such ineffective service.
If served by mail, the date on which the document is returned should be deemed as the date of service; if it is served directly
by a court or the arbitration authority, the date on which the person states the situation on the service certificate should be
deemed as the date of service; if the service is served directly by Party B’s working personnel, the date when the relevant
information on the recipient’s address are recorded should be deemed as the date of service; and if sent by fax, the date
indicated in the successful receipt should be deemed as the date of service .

 

III.
If Party B needs to entrust any other institution of Bank of Dongguan Co., Ltd. to perform its rights and obligations under the
contract due to business needs, or assign the credit-granting business under the contract to any other institution of Bank of
Dongguan Co., Ltd. to undertake and manage, to which Party A expresses its consent. The other institution of Bank of Dongguan
Co., Ltd. authorized by Party B, or the other institutions of Bank of Dongguan Co., Ltd. that undertakes and manages the credit-granting
business under the contract should have the right to exercise all the rights under the contract, and also have the right to lodge
a lawsuits to the court or submit an arbitral award or apply for enforcement with respect to disputes under the contract in the
name of the institution .

 

IV.
The contract is made in duplicate, one of which should be kept by Party A and Party B respectively, and /
by the relevant registration department for filing, and which will have the same legal effect.

 

 

Article
42 other Provisions (if the blank space is insufficient, additional pages may be added)

 

I.
Party A should use the settlement account opened at Party B as its major bank settlement account, so that the sales proceeds
formed by Party B’s credit-granting funds must be withdrawn to the account and be subject to Party B’s supervision;
Party A should not make any external mortgages (pledges) over its core assets including machinery equipment, inventory and the
accounts receivables without the written consent of Party B during the period when Party B is paid off. During the credit-granting
period of Party B, the newly-increased credit-granting conditions made by Party A in any other banks should not be superior to
Party B. otherwise, Party A must pay back the loan to Party B in advance.

 

 

 

    19

     

    

 

II.
Prepayment

 

		(1)	In
case of prepayment, the lender should be notified of it in written from 30 days in advance and the lender has the right to charge
the liquidated damages against the borrower or ☑ exempt the borrower from the liquidated damages due to prepayment.

 

		(2)	If
the lender charges the liquidated damages due to prepayment, the liquidated damages should be collected from the borrower in one
time in accordance with the monthly interest rate for the loan as stipulated in the contract. The formula for the liquidated damages
is: Liquidated damages = The amount of prepaid principal x the remaining repayment installment of the loan (calculated on a monthly
basis. If less than a month, it should be calculated as one-month standard) x the monthly interest rate for the loan under the
contract.

 

		(3)	After
Party A uses the credit-granting limit for the first time, Party B should carry out the settlement business if the limit reaches
the financing proportion within half a year. (Guangdong Car House Industrial Development Co., Ltd. (seal))

 

 

 

(There
are no texts below)

 

    20

     

    

 

(The
page is used as signatory page)

 

Party
A (signature and seal)

 

 

 

Legal
representative (person in charge)

 

Or
authorized agent (signature or seal)

 

Guangdong
Car House Industrial Development Co., Ltd.(seal)

 

 

 

Party
B(signature and seal)

 

Legal
representative (person in charge)

 

Or
authorized agent (signature or seal)

 

Bank
of Dongguan Co., Ltd. Zhongxinqu Branch (seal)

 

Date
of Signing: November 5, 2018

 

 

Complaint
and Supervision hotline of Bank of Dongguan Co., Ltd.: 40011 – 96228

 

 

21

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