Document:

Exhibit
10.8

 

26
CAPITAL ACQUISITION CORP.

701
Brickell Avenue, Suite 1550

Miami, FL 33131

 

[
  ], 2021

 

26
CAPITAL HOLDINGS LLC

701
Brickell Avenue, Suite 1550

Miami,
FL 33131

 

Re: Administrative
Support Agreement

 

Ladies
and Gentlemen:

 

This
letter agreement by and between 26 Capital Acquisition Corp. (the “Company”) and 26 Capital Holdings LLC (“Sponsor”),
dated as of the date hereof, will confirm our agreement that, commencing on the date the securities of the Company are first listed
on The Nasdaq Capital Market (the “Listing Date”), pursuant to a Registration Statement on Form S-1 and prospectus
filed with the U.S. Securities and Exchange Commission (the “Registration Statement”) and continuing until the earlier
of the consummation by the Company of an initial business combination or the Company’s liquidation (in each case as described
in the Registration Statement) (such earlier date hereinafter referred to as the “Termination Date”):

 

(i)
Sponsor shall make available, or cause to be made available, to the Company, at 701 Brickell Avenue, Suite 1550, Miami, FL
33131 (or any successor location of Sponsor), certain office space, utilities and secretarial and administrative support
as may be reasonably required by the Company. In exchange therefor, the Company shall pay Sponsor the sum of $10,000 per month
on the Listing Date and continuing monthly thereafter until the Termination Date; and

 

(ii)
Sponsor hereby irrevocably waives any and all right, title, interest, causes of action and claims of any kind as a result of,
or arising out of, this letter agreement (each, a “Claim”) in or to, and any and all right to seek payment of any
amounts due to it out of, the trust account established for the benefit of the public stockholders of the Company and into which
substantially all of the proceeds of the Company’s initial public offering will be deposited (the “Trust Account”)
as a result of, or arising out of, this letter agreement, and hereby irrevocably waives any Claim it may have in the future, which
Claim would reduce, encumber or otherwise adversely affect the Trust Account or any monies or other assets in the Trust Account,
and further agrees not to seek recourse, reimbursement, payment or satisfaction of any Claim against the Trust Account or any
monies or other assets in the Trust Account for any reason whatsoever.

 

This
letter agreement constitutes the entire agreement and understanding of the parties hereto in respect of its subject matter and
supersedes all prior understandings, agreements, or representations by or among the parties hereto, written or oral, to the extent
they relate in any way to the subject matter hereof or the transactions contemplated hereby.

 

This
letter agreement may not be amended, modified or waived as to any particular provision, except by a written instrument executed
by the parties hereto.

 

No
party hereto may assign either this letter agreement or any of its rights, interests, or obligations hereunder without the prior
written approval of the other party. Any purported assignment in violation of this paragraph shall be void and ineffectual and
shall not operate to transfer or assign any interest or title to the purported assignee.

 

This
letter agreement constitutes the entire relationship of the parties hereto, and any litigation between the parties (whether grounded
in contract, tort, statute, law or equity) shall be governed by, construed in accordance with, and interpreted pursuant to the
laws of the State of New York, without giving effect to its choice of law principles.

 

 

[Signature
Page Follows]

 

     

     

    

 

	 	Very
    truly yours,
	 	 
	 	26 CAPITAL
    ACQUISITION CORP.
	 	 	 
	 	By:	 
	 	 	Name: 	Jason Ader
	 	 	Title: 	Chief Executive Officer

 

AGREED
TO AND ACCEPTED BY:

26
CAPITAL HOLDINGS LLC

 

	By:	 	 
	 	Name:	Jason Ader	 
	 	Title:	Managing Member	 

  

 

[Signature
Page to Administrative Support Agreement]Exhibit 10.1

 

Maximum Loan Contract

 

	Borrower: Global Technology Inc. 	(hereinafter referred to as "Party A")
	Lender: China Zheshang Bank Co., Ltd. Ningbo Branch	(hereinafter referred to as "Party B")

 

Mortgagor (Pledger) I: Global Technology
Inc.

 

Mortgagor (Pledger) II:

 

Mortgagor (Pledger) III:

(hereinafter referred
to collectively as "Party C")

 

WHEREAS, subject to Party A's application
to Party C for provision of and Party C's willingness to use its legally owned property to provide mortgage (pledge) guarantee
for Party A's debts, Party B agrees to provide loan support for Party A in future within a period of time in accordance with its
loan approval procedures. NOW, THEREFORE, to specify the legal debtor-creditor relationship among Party A, Party B, and Party C
arising from the loan, the mortgage (pledge) guarantee, and other related civil acts, the three parties, in accordance with relevant
laws and regulations, hereby enter into this Contract through equal and amicable negotiation, and agree to jointly abide by it.

 

Article 1       The loans under this Contract
shall include but not be limited to RMB loans, foreign currency loans, acceptance of bank acceptance bills, discounting of bank
acceptance bills, discounting of commercial acceptance bills, issuance of import letter of credit (L/C), import bill purchase,
export bill purchase, export packing finance, bank guarantees, guaranteed discounting of commercial acceptance bills, discounting
of export collection bills, issuance of L/C, international and domestic trade financing, issuance of guarantees, forward foreign
exchange settlement and sale, personal consumption loans, and other currency and credit supports.

 

Article 2       Party A may use the loans
granted by Party B hereunder for its production and business operations or personal consumption.

 

Article 3       The total maximum balance of
the principal of various types of loans as specified in Article 1 hereof shall not exceed RMB (in words) One Hundred Fifty Millions.

 

Article 4       The term of the loans as
specified in Article 1 hereof shall be from 01/06/2021 (MM/DD/YY) to 01/05/2024 (MM/DD/YY), provided that the
maturity date of the last loan shall not be later than __________/__________ (MM/DD/YY).

 

Article 5       Party A shall, based on the
needs of business operations or personal consumption, apply to Party B for one single loan at a time under this Contract, provided
that multiple loans could be granted by Party B under this Contract. Party B has the right to determine whether to give Party A
loan support based on Party A's operating conditions and financial conditions at the time of Party A applying for the loan. If
Party B agrees to grant a loan to Party A, Party A and Party B shall separately enter into a specific business contract such as
the loan contract, acceptance agreement, L/C issuance contract, or personal consumption loan contract. The debtor-creditor relationship
arising from a single loan shall be subject to the corresponding business contract.

 

Article 6       The principal and interest
of the debts owed by Party A to Party B under this Contract and all expenses incurred by Party B in exercising its creditor's rights
shall be secured by the mortgage (pledge) of the ■ real estate/☐
equity/☐ located at No.199,Shanhai Rd., Wangchun Industrial, Haishu, Ningbo,
as shown in the Maximum Mortgage Contract No. (332073) Z.S.Y.G.D.Z. (2021) No. 00002 made and entered into
by and among Party A, Party B, and Party C.

 

Article 7       All outstanding loan principal
and interest and expenses under the Fixed Asset Loan Contract No. (20103000) Z.S.Y.G.J.Z. (2019) No. 01299 
entered into by and between Party A and Party B shall also be secured by the mortgage (pledge) of the aforementioned ■real
estate/☐ equity/☐_________________owned
by Party C.

 

Article 8       If Party
C commits any breach under the mortgage (pledge) contract, or Party A commits any breach under any business contract, Party B has
the right to immediately stop granting the loan amount that has not been granted hereunder, and accelerate the maturity of the
loans granted hereunder. At the same time, Party B may dispose of the collaterals provided by Party C, to secure its creditor's
rights.

 

Article 9       Any and all disputes arising
out of the performance of this Contract shall first be settled by the three parties through amicable negotiation. If no agreement
is reached through negotiation, any party may file a lawsuit with the competent court at the locality of Party B.

 

Article 10      This Contract shall come
into effect upon being stamped by the three parties hereto and signed or stamped by their legal representatives or authorized representatives
(each, an "Eligible Representative"), and become invalid after the debts hereunder are paid off.

 

Article 11      This Contract may be executed
in four counterparts, with one counterpart being held by each party, and one being filed with the competent mortgage
(pledge) registration authority, all of which shall be equally authentic.

 

	Party A (Seal): Global Technology Inc.	Party B (Seal): China Zheshang Bank Co., Ltd. Ningbo Branch
	Party A's Eligible Representative (Signature/Seal): Chih-Hsiang Lin	Party B's Eligible Representative (Signature/Seal): Huafeng Pan

 

Party C (Seal): (Mortgagor (Pledger) I)
:Global Technology Inc.

Party C's Eligible Representative (Signature/Seal):
Chih-Hsiang Lin

 

	(Mortgagor (Pledger) II)	(Mortgagor (Pledger) III) 
	Party C's Eligible Representative (Signature/Seal): 	Party C's Eligible Representative (Signature/Seal): 

 

Signing Date: 2021-01-06Exhibit 10.2

 

Maximum Mortgage Contract

 

 

(332073) Z.S.Y.G.D.Z. (2021)
No. 00002

Mortgagee (Full Name): China Zheshang Bank Co., Ltd. Ningbo
Branch

Debtor (Full Name): Global Technology Inc.

Mortgagor (Full Name): Global Technology Inc.

 

 

WHEREAS, the Debtor and the Mortgagee will enter into a series
of contracts on creditor's rights and debts (hereinafter referred to as the "Master Contract") according to the period
and maximum amount as specified in Article 2 hereof, and the Mortgagor is willing to provide the maximum mortgage guarantee for
the Debtor's debts owed to the Mortgagee under the Master Contract. NOW, THEREFORE, to guarantee the creditor's rights of the
Mortgagee, the parties, in accordance with relevant national laws and regulations, hereby enter into this Contract through amicable
negotiation.

 

Article 1       Representations
and Warranties of the Mortgagor

 

		(1)	The Mortgagor has obtained the necessary authorization to
                                         provide the guarantee under this Contract in accordance with relevant regulations and
                                         procedures.

 

		(2)	The Mortgagor has the full and undisputed ownership or right
                                         to dispose of the collaterals.

 

		(3)	The collaterals can be circulated or transferred according
                                         to law.

 

		(4)	The collaterals have not been attached, detained, or repeatedly
                                         mortgaged and no other person holds any residence right in the collaterals. If the collaterals
                                         is attached or detained, the mortgagor shall immediately notify the mortgagee.

 

		(5)	The Mortgagor has not concealed any information about delinquent
                                         taxes, project payments, or any other amounts in arrears under the collaterals.

 

		(6)	The Mortgagor is fully aware of the actual use of the debts
                                         under the Master Contract, and the provision of the mortgage guarantee for the Debtor
                                         under the Master Contract is completely out of its own free will and reflects the true
                                         expression of its intent under this Contract.

 

		(7)	If the collaterals hereunder have been leased out in whole
                                         or in part, the Mortgagor warrants that it shall inform the lessee of the mortgage created
                                         thereon and inform the Mortgagee in writing of the lease prior to the execution of this
                                         Contract, and shall not change the lease agreement.

 

		(8)	The Mortgagor has obtained the consent from the co-owner of
                                         the collaterals with respect to the mortgage hereunder.

 

		(9)	The collaterals are free of any other circumstances that
                                         adversely affect the exercise of the mortgage rights by the Mortgagee.

 

Article 2       Maximum
Amount of the Principal Creditor's Rights Guaranteed

 

		(1)	The principal creditor's rights guaranteed by the Mortgagor
                                         shall be the creditor's rights to which the Mortgagee is entitled in accordance with
                                         the local and foreign currency loan contracts, bank acceptance agreements, letter of
                                         credit (L/C) issuance agreements/contracts, guarantee issuance agreements, international
                                         and domestic trade financing agreements, financial derivatives agreements such as forward
                                         foreign exchange settlement and sale agreements, and other financing documents (hereinafter
                                         referred to as the "Master Contract") entered into by and between the Mortgagee
                                         and the Debtor during the period identified in 18.1 (including the inception and expiration
                                         dates of such period) and within the maximum balance of RMB (in words) specified in 18.2,
                                         and the creditor's rights to the debtor through the receivable transfer (with repurchase)
                                         business, the receivable confirmation business, and the debt to the debtor formed by
                                         fulfilling the confirmation obligation for the debtor through the receivable chain platform,
                                         regardless of whether such creditor's rights have matured upon expiration of such
                                         period, and whether such creditor's rights have been incurred prior to the mortgage has
                                         maximized.

 

 

 

    	 	1	 

     

    

 

The aforementioned period only refers to the period
when the debts exist. The debt occurrence time of the receivable confirmation business refers to the time when the creditor
confirms such confirmation. The loan formed by the confirmation business advances is due to the creditor's confirmation obligation.
Therefore, the advance/borrowing time is not restricted by the above-mentioned agreed period of this article. The amount of
foreign currency business shall be converted at the selling price on the date of occurrence of the business.

 

		(2)	During the period and within the maximum balance as specified
                                         herein, the Debtor may apply for revolving use of the aforementioned credit funds and
                                         bank credits. The inception date, expiration date, interest rate and the amount of
                                         each fund borrowed shall be subject to the certificate of indebtedness or related voucher
                                         of creditor’s rights under the Master Contract.

 

		(3)	During the period and within the maximum balance as specified
                                         herein, when the Mortgagee grants the loan or provides other kinds of credits to the
                                         Mortgagor, the Mortgagor does not need to handle the guarantee procedures on a transaction-by-transaction
                                         basis.

 

		(4)	The Mortgagor shall assume guarantee liabilities for
                                         any debts in their original currency incurred during the period and within the maximum
                                         balance as specified herein.

 

Article 3       Scope
of the Mortgage Guarantee

 

The scope of the mortgage guarantee includes all debt principal,
interest, compound interest, penalty interest, liquidated damages, and damages incurred under the Master Contract, as well as
the litigation (arbitration) fees, attorney fees, disposal fees of the collaterals, ownership transfer fees, and other expenses
incurred by the Mortgagee in exercising its creditor’s rights and all other expenses payable.

 

The mortgagor is willing to assume guarantee liabilities
for the portion actually in excess of the maximum balance due to exchange rate changes.

 

Article 4       Collaterals

 

		(1)	The Mortgagor agrees to use the following properties (as
                                         detailed in the List of Collaterals (No.: see 18.8) as the collaterals.

 

		(2)	The appraised price/agreed price of the collaterals is RMB
                                         (in words) see 18.3, and the ultimate value of the collaterals shall be subject
                                         to the net income from the actual disposal of the collaterals when the mortgage rights
                                         are exercised.

 

Agreements on the value of the collaterals as specified
in the List of Collaterals shall not serve as the basis of valuation when the Mortgagee disposes of the collaterals, nor
shall it constitute any restrictions on the Mortgagee's exercise of the mortgage rights hereunder.

 

Article 5       Effect
of the Mortgage Rights

 

The effect of the mortgage rights shall extend to the appurtenances,
accessory rights, right of subrogation, attachments, mixtures, processed things, and fruits to and from the collaterals, as well
as the insurance indemnities, indemnities, and compensation arising from the damage to, loss of, or expropriation of the collaterals.

 

Article 6       Custody
of the Collaterals

 

		(1)	The collaterals hereunder shall be kept in the custody of
                                         the Mortgagor, and the Mortgagor has the obligation to properly manage the collaterals.
                                         The Mortgagee has the right to inspect the management of the collaterals.

 

 

 

    	 	2	 

     

    

 

		(2)	During the term of this Contract, without the written consent of
                                         the Mortgagee, the Mortgagor shall not gift, transfer, sell, lease, remortgage/pledge
                                         or set up residence right, or otherwise dispose of the collaterals, and shall
                                         ensure that the mortgage will not be infringed by any third party in any way. The
                                         proceeds from the transfer, lease, or sale of the collaterals by the Mortgagor with the
                                         written consent of the Mortgagee shall be used in priority for early repayment of the
                                         debts under the Master Contract or deposited with a third party agreed upon by the Mortgagor
                                         and the Mortgagee.

 

		(3)	During the term of this Contract, if any of the collaterals
                                         is destroyed, lost, or expropriated, the Mortgagor shall take immediate and effective
                                         measures to prevent further losses while notifying the Mortgagee promptly. The insurance
                                         indemnities, indemnities, and compensation received by the Mortgagor as a result thereof
                                         shall be used in priority for early repayment of the debts under the Master Contract.

 

		(4)	If the collaterals decrease in value during the term of
                                         this Contract, the Mortgagor shall restore the value of the collaterals or provide another
                                         guarantee equivalent to the reduced value to the satisfaction of the Mortgagee. If the
                                         Mortgagor refuses to do so, the Mortgagee has the right to accelerate the maturity of
                                         the debts under the Master Contract through which the Debtor could be required to repay
                                         its debts or the Mortgagee could exercise the mortgage rights without being subject to
                                         the term of this Contract.

 

Article 7       Insurance
of the Collaterals

 

		(1)	The Mortgagor shall procure sufficient insurance for the
                                         collaterals as required by the Mortgagee, naming the Mortgagee as the primary beneficiary,
                                         and the insurance policy shall not contain any clause restricting the rights and interests
                                         of the Mortgagee. If the Mortgagor cannot procure the insurance for the collaterals at
                                         a time for reasons attributable to the insurance institution, the Mortgagor shall promptly
                                         handle the renewal procedures, to ensure the uninterrupted property insurance for the
                                         collaterals during the term of this Contract.

 

		(2)	The Mortgagor shall deliver the original of the insurance
                                         policy for the collaterals into the custody of the Mortgagee.

 

		(3)	During the term of this Contract, the Mortgagor shall not
                                         interrupt or revoke the insurance policy of the collaterals for any reasons whatsoever.
                                         In case of interruption of the insurance, the Mortgagee has the right to procure the
                                         insurance on behalf of the Mortgagor.

 

		(4)	In case of any insured event involving the collaterals,
                                         the insurance indemnities shall be used in priority for repayment of the debts under
                                         the Master Contract or deposited with a third party agreed upon by the Mortgagor and
                                         the Mortgagee.

 

Article 8       Mortgage
Registration

 

The Mortgagor must complete the mortgage registration procedures
with the competent registration authority within 7 working days upon execution of this Contract and deliver the original copy
of the certificate of encumbrances on the collaterals, the mortgage registration document, and other encumbrance certificates
into the Mortgagee.

 

In the event of any changes to the registered particulars of
the mortgage which shall be subject to registration of changes in accordance with the law, the Mortgagor shall cooperate with
the Mortgagee to complete the registration procedures of changes.

 

Article 9       Exercise
of the Mortgage Rights

 

	(1)	Under any of the following circumstances, the Mortgagee
                                         has the right to exercise the mortgage rights and, after reaching an agreement with the
                                         Mortgagor, have the priority in receiving compensation from the proceeds from the auction
                                         or sell-off of the collaterals, or convert the collaterals into money to pay off the
                                         debts owed by the Debtor. If the parties fail to reach an agreement on the exercise of
                                         the mortgage rights, the Mortgagee may directly request the People's Court to auction
                                         or sell off the collaterals.

 

 

 

    	 	3	 

     

    

 

		1.	The Mortgagee fails to receive
                                         payment upon expiration of the performance period for any debts under the Master Contract.
                                         The aforementioned "expiration" includes the circumstance where the Mortgagee
                                         accelerates the maturity of any debts under the Master Contract in accordance with the
                                         Master Contract or relevant national laws and regulations.

 

		2.	The circumstance as specified
                                         in Paragraph 4 of Article 6 occurs, but the Mortgagor fails to restore the value of the
                                         collaterals or provide another guarantee equivalent to the reduced value to the satisfaction
                                         of the Mortgagee.

 

	(2)	If the principal creditor's rights of the Mortgagee are secured by any other guarantees
                                   simultaneously, the Mortgagee has the right to determine, at its sole discretion, the order
                                   of exercising the guarantees, regardless of whether such guarantees are provided by the Debtor
                                   or third parties, and the Mortgagor undertakes not to plea against with respect thereto. If
                                   the Mortgagee waives, changes, or is deprived of other security interests under the Master
                                   Contract, the Mortgagor's guarantee liability shall remain valid and shall not become invalid
                                   or be relieved or exempted as a result thereof.

 

Article 10      Other Provisions

 

		(1)	Without aggravating the debtor’s responsibilities
                                         or obligations, the Mortgagee and the Debtor may modify the Master Contract upon mutual
                                         agreement without the consent of the Mortgagor. The Mortgagor shall continue to assume
                                         the mortgage guarantee liability as specified herein.

 

		(2)	The Mortgagor shall compensate the Mortgagee for any losses
                                         arising from the false representations or warranties made under Article 1 hereof.

 

		(3)	Prior to the determination of the credit amount secured
                                         by the maximum mortgage guarantee hereunder, if the Mortgagee transfers part of a claim
                                         of an obligation to a third party, the Mortgagee is also entitled to transfer the corresponding
                                         mortgage rights to such a third party.

 

After the determination of the creditor’s
rights secured by the maximum mortgage guarantee hereunder, if the Mortgagee transfers part of its creditor's rights, it is entitled
not to transfer the corresponding mortgage rights.

 

		(4)	If the bank handles the financing business under
                                         an L/C for the applicant or releases documents in the form of trust receipt, the Mortgagor
                                         shall still assume the guarantee liability under this Contract. If the issuing bank modifies
                                         the L/C in accordance with the applicant's application, including but not limited to
                                         modifications to the L/C amount, validity period, time of shipment, and documents, the
                                         Mortgagor shall still assume the guarantee liability in accordance with this Contract
                                         and the content of the modified L/C (including but not limited to the L/C amount, validity
                                         period, time of shipment, and documents).

 

Article 11      Liability
for Breach of Contract

 

	(1)	Upon execution of this Contract,
                                         the Mortgagee and the Mortgagor shall perform their respective obligations hereunder.
                                         A party that fails to do so or breaches any warranties or undertakings made hereunder
                                         shall be deemed to be in breach of this Contract and held liable for breach and for compensating
                                         any losses incurred by the other party therefrom.

 

	(2)	If the Mortgagor falls under any of the following circumstances,
                                         it shall make full compensation for any economic losses incurred by the Mortgagee therefrom:

 

		1.	The Mortgagor conceals any
                                         fact that the collaterals are co-owned, disputed, attached, supervised, detained, repeatedly
                                         mortgaged, leased, have delinquent taxes, or project payment in arrears, etc.

 

		2.	The Mortgagor disposes of the collaterals without the written
                                         consent of the Mortgagee.

 

 

    	 	4	 

     

    

 

		3.	Establishing the right of residence on the mortgaged property
                                         without the consent of the mortgagee.

 

		4.	The Mortgagor commits any other acts that adversely affect
                                         the exercise of the mortgage rights by the Mortgagee.

 

	(3)	If the Mortgagee requests the People's Court to auction
                                         or sell off the collaterals or exercises its creditor's rights by means of litigation
                                         or arbitration due to the Mortgagor's breach of this Contract, the Mortgagor shall assume
                                         the attorney fees, travel expenses, and other expenses incurred by the Mortgagee in exercising
                                         its creditor's rights.

 

Article 12      Service of
Process

 

	(1)	The mortgagor confirms that the following address is the
                                         service address of relevant legal documents under this Contract, such as contract performance
                                         and dispute resolution: see 18.4.

 

	(2)	The mortgagee or the court/arbitration institution may
                                         also serve relevant legal documents by the following means of electronic service, as
                                         shown in 18.4

 

	(3)	The address and manner of service confirmed by the mortgagor
                                         shall be applicable from the date of formation of the financial contract to the date
                                         of completion of full performance of the debt, including arbitration and litigation procedures
                                         (including the stages of first instance, second instance, retrial and execution).

 

	(4)	The notice and litigation related legal documents sent
                                         by the mortgagee shall be deemed to have been delivered when they are sent to the above
                                         address; if they are delivered by electronic means, they shall be deemed to have been
                                         delivered as long as the relevant notice or legal document is sent to the designated
                                         address. The mortgagor shall ensure that the above address or method is accurate and
                                         effective. If the relevant information changes, it shall timely notify the mortgagee
                                         or the court / arbitration institution in writing, otherwise the original address or
                                         method of service will continue to be effective. If the information provided is inaccurate
                                         or untrue, or the information changed is not informed in time, or the mortgagor and the
                                         agent (whether or not the agent is appointed, the mortgagee or the court / arbitration
                                         institution can serve the legal representative or the person in charge) refuse to sign
                                         (including no sign), resulting in the failure of the relevant notice or legal document
                                         to be actually received, the service effect will not be affected, The mortgagor shall
                                         bear the legal consequences.

 

	(5)	The mortgagee or the court / arbitration institution may
                                         serve the notice or legal document in one or more of the above ways. If the notice or
                                         legal document is served in many ways, it shall have the effect of service, and the time
                                         of service shall be the first.

 

Article 13      Settlement
of Disputes

 

Any and all disputes arising out of the performance of this
Contract shall be settled by the parties through amicable negotiation. If no agreement is reached through negotiation, such disputes
shall be settled by the method set forth in the following item (see 18.5):

 

	(1)	Litigation. Such disputes shall be subject to the jurisdiction
                                         of the People's Court at the locality of see 18.5.

 

	(2)	Arbitration. Such disputes shall be submitted to see
                                         18.5 (arbitration institution) for arbitration in accordance with its arbitration
                                         rules.

 

During the period of litigation or arbitration,
this Contract shall be continuously performed except for matters in dispute.

 

Article 14      Miscellaneous

 

	(1)	The Master Contract, certificate of indebtedness, or related
                                         voucher of creditor’s right incurred hereunder shall no longer be served to the
                                         Mortgagor.

 

 

 

    	 	5	 

     

    

 

	(2)	The Mortgagee has the right
                                         to provide the information in connection with this Contract and other related information
                                         to the credit reference system of the People’s Bank of China or other legally established
                                         credit information databases in accordance with relevant laws and regulations, other
                                         normative documents, or the requirements of financial regulators for the purpose of query
                                         and use by appropriately qualified institutions or individuals. The Mortgagee also has
                                         the right to query relevant information of the Mortgagor through the credit reference
                                         system of the People's Bank of China and other legally established credit information
                                         databases for the purpose of formation and performance of this Contract. The mortgagee
                                         has the right to ask the mortgagor to inquire about the status of the mortgage through
                                         the official account in the government department APP or the public number, include but
                                         not limited to, whether the mortgage is changed or changed, and the new guarantee is
                                         added. The complete query result is provided to the mortgagor in time.

 

	(3)	See 18.6

 

Article 15      Effectiveness
of the Contract

 

This Contract shall come into effect from the date when it
is signed or stamped by the parties.

 

Article 16      This
Contract may be executed in see 18.7 counterparts, with the Mortgagee holding see 18.7 counterpart(s), the
Mortgagor each holding see 18.7 counterpart(s), the Debtor holding see 18.7 counterpart(s), all of which shall
be equally authentic.

 

Article 17      Reminders

 

The Mortgagee has reminded the Debtor and the Mortgagor (including
the co-owner) to fully and accurately understand all terms and conditions of this Contract, especially the parts in bold, and
made explanations as required by the Debtor and the Mortgagor (including the co-owner). The Debtor and the Mortgagor (including
the co-owner) have carefully read and fully understood all terms and conditions of this Contract, and have no objection thereto.

 

Article 18

 

18.1 The period of the principal creditor's rights
guaranteed by the Mortgagor is from 01/06/2021 (MM/DD/YY) to 01/05/2024 (MM/DD/YY)

 

18.2 Within the maximum balance of RMB 150,000,000.

 

18.3 The appraised price/agreed price of the collaterals
is RMB 221,170,000.

 

18.4 Service of Process

 

	 	(I)	The mortgagor confirms that the following addresses are the service addresses of relevant legal documents such as contract
    performance and dispute resolution under this Contract:

 

1. Address: No. 88,Qiushi Rd.,
Wangchun Industrial Park, Ningbo

 

2. Contact people: Qiancheng
Zhan

 

3. Post code: 31500

 

4. Tel: 0574-88133818

 

 

 

    	 	6	 

     

    

 

	 	(II)	The mortgagee or the court / arbitration institution may also serve the relevant legal documents through the following
    electronic service methods:

 

1. Mobile number: 18312960127

2. Fax:0574-88133820

3. Email: Future_Chan@ao-inc.com.cn

4. Other:/

 

18.5 If no agreement is reached
through negotiation, such disputes shall be settled by the methods set forth in below 1:

 

		1.	Litigation. Such disputes shall be subject to the
                                         jurisdiction of the People's Court at the locality of the Mortgagee

 

		2.	Arbitration. Such disputes shall be submitted to /
                                         (arbitration institution) for arbitration in accordance with its arbitration rules

 

18.6 Others:Except as stipulated in Article 2
hereof, the outstanding principal RMB 49,000,000 and the interest under the Maximum Loan Contract (numbered <20103000>
Zheshang Yinguzi (2019) No. 01299), which is guaranteed by the Maximum Mortgage Contract (numbered (332073) Zheshang Yingaozi
(2019) No. 00004, will be also secured by this contract as of the effective date hereof.

 

18.7 This Contract may be executed
in four counterparts, with the Mortgagee holding one counterparts, the Mortgagor each holding one counterpart, the Debtor holding
one counterpart, and the mortgage registration center holding one counterpart, all of which shall be equally authentic.

 

18.8 List of Collaterals
(No. 332073082100002-1)

 

 

 

 

    	 	7	 

     

    

 

List of Collaterals

No.:

	No.	Name
    of Collateral	Location
    of Real Property (House Property)	Real
    Property (House Property) Certificate No.	Gross
    Floor Area (m2)	Land
    Location and Land Certificate No.	Nature
    of Land Use Right and Land Use Right Certificate No.	Land
    Area (m2)	Term
    of Land Use Right	Type
    of Right	Purpose	Co-ownership	Value
    of Collateral (RMB 10,000)
	1-1	real
    Property	No,199,Shanhai
    RD,Wangchun Industrial Ningbo.  	Zhe(2020)Ningbo
    Haishu Real Property No.0296343.	69202.06	No.199,Shanhai
    RD,Wangchun Industrial Ningbo. 	Transfer
    / self built house Z. (2020) Ningbo Haishu Real Property Ownership No. 0296364	24100	To
    January 4, 2068	State-owned
    construction land use right/Real Estate right	Industrial
    land/Industry	Individually
    owned	22117
	 	 	 	 	 	 	 	 	 	 	 	 	 

 

Note: This List of Collaterals is applicable to real estate
mortgage

 

 

 

 

    	 	8	 

     

    

 

	(Signature Page)	 
	 	 
	Mortgagee (Seal): China Zheshang Bank Co., Ltd. Ningbo
        Branch

         
	Debtor (Seal): Global Technology Inc.

         

	 	 
	Responsible Person: Huafeng Pan	Legal Representative: Chih-Hsiang Lin
	 	 
	or Authorized Agent	or Authorized Agent
	 	 
	Mortgagor (Seal): Global Technology Inc.

         
	Mortgagor (Seal)
	 	 
	Legal Representative: Chih-Hsiang Lin	Legal Representative
	or Authorized Agent	or Authorized Agent
	 	 
	Mortgagor (Seal)	Mortgagor (Seal)
	 	 
	Legal Representative	Legal Representative
	or Authorized Agent	or Authorized Agent
	 	Signing
Date: 2021/01/06
	 	Signing
Place: No. 128,Wenkang Rd,Gaoxin District, Ningbo.

 

 

 

 

    	 	9

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