Document:

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                                                                   Exhibit 10.49

                  FOURTH AMENDED AND RESTATED PROMISSORY NOTE
                                  VARIABLE RATE

$55,000,000.00                                                FEBRUARY 21, 2007

FOR VALUE RECEIVED, SYNTAX-BRILLIAN CORPORATION, a Delaware corporation ("SBC"),
SYNTAX GROUPS CORPORATION, a California corporation ("SGC") and SYNTAX
CORPORATION, a Nevada corporation ("SC" and, together with SBC and SGC,
individually and collectively, "Borrower"), jointly and severally promise to pay
to PREFERRED BANK, a California banking corporation ("Lender"), or its order, at
its office located at 601 South Figueroa Street, 20th Floor, Los Angeles,
California 90017, or at such other place as the holder hereof may designate, in
lawful money of the United States of America, the principal sum of Fifty Five
Million and 00/100 Dollars ($55,000,000.00), or so much thereof as shall have
been advanced and is outstanding, together with interest on the outstanding
principal balance, until paid in full in accordance with the terms, conditions
and provisions as hereinafter set forth in this Amended and Restated Promissory
Note Variable Rate (this "Note"). This Note supersedes and fully amends and
restates (i) that certain Promissory Note Variable Rate executed by SGC and SC
on or about September 28, 2005, (ii) that certain Amended and Restated
Promissory Note Variable Rate executed by SGC and SC and dated as of January 31,
2006, (iii) that certain Second Amended and Restated Promissory Note Variable
Rate executed by SGC and SC and dated as of October 17, 2006, and (iv) that
certain Amended and Restated Promissory Note executed by Borrower and dated as
of December 13, 2006.

LOAN AGREEMENT. This Note (i) is a "Note" as defined in that certain Amended and
Restated Business Loan and Security Agreement dated as of December 13, 2006, as
amended (the "Loan Agreement") entered into by and between Borrower and Lender,
as it may be amended from time to time, (ii) represents and evidences all
Advances made under the Loan Agreement, and (iii) is subject to all of the terms
and conditions thereof. All terms not defined herein shall have the same meaning
as in the Loan Agreement. In the event of a conflict between the terms of this
Note and the Loan Agreement, the terms of this Note shall prevail.

INTEREST RATE. Interest on the outstanding principal balance of this Note shall
be computed and calculated based upon a three hundred sixty (360)-day year and
actual days elapsed and shall accrue at the per annum rate (the "Note Rate") of
one-half of one percent (0.5%) over the Prime Rate, as the rate may change from
time to time. "Prime Rate" shall mean the variable rate of interest per annum
announced, declared and/or published from time to time by Lender as its "Prime
Rate" with the understanding that Lender's "Prime Rate" is one of its base rates
and serves as a basis upon which effective rates of interest are calculated for
loans making reference thereto and may not be the lowest of Lender's base rates.
If the Prime Rate becomes unavailable during the term of this Note, Lender may
designate a comparable substitute index after notice to Borrower.

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PAYMENTS. Interest shall be due and payable monthly, in arrears, based upon the
actual number of days elapsed for that monthly period, commencing on March 5,
2007, and shall continue to be due and payable, in arrears, on the same day of
each calendar month thereafter until the Maturity Date (as hereinafter defined).

Upon the Maturity Date, the entire unpaid obligation outstanding under this
Note, the Loan Agreement, and any other Loan Documents shall become due and
payable in full.

All payments due hereunder, including payments of principal and interest, shall
be made to Lender in United States Dollars and shall be in the form of
immediately available funds acceptable to the holder of this Note.

APPLICATION OF PAYMENTS. All payments received by Lender from, or for the
account of, Borrower due hereunder shall be applied by Lender, in its sole and
absolute discretion, in the following manner, or in any other order or manner as
Lender chooses:

            a.    First. To pay any and all interest due, owing and accrued;

            b.    Second. To pay any and all costs, advances, expenses or fees
                  due, owing and payable to Lender, or paid or incurred by
                  Lender, arising from or out of this Note, the Loan Agreement,
                  and the other Loan Documents; and

            c.    Third. To pay the outstanding principal balance on this Note.

All records of payments received by Lender shall be maintained at Lender's
office, and the records of Lender shall, absent manifest error, be binding and
conclusive upon Borrower. The failure of Lender to record any payment or expense
shall not limit or otherwise affect the obligations of Borrower under this Note.

MATURITY DATE. On March 5, 2008 ("Maturity Date"), the entire unpaid principal
balance, and all unpaid accrued interest thereon, shall be due and payable
without demand or notice. In the event that Borrower does not pay this Note in
full on the Maturity Date then, as of the Maturity Date and thereafter until
paid in full, the interest accruing on the outstanding principal balance
hereunder shall be computed, calculated and accrued on a daily basis at the
Default Rate (as hereinafter defined).

UNPAID EXPENSES. Expenses that are not received by Lender within ten (10)
calendar days from the date such expenses become due, shall, at the sole
discretion of Lender, be added to the principal balance and shall from the date
due bear interest at the Default Rate.

HOLIDAY. Whenever any payment to be made under this Note shall be due on a day
other than a Business Day, including Saturdays, Sundays and legal holidays
generally recognized by banks doing business in California, then the due date
for such payment shall be automatically extended to the next succeeding Business
Day, and such extension of time shall in such cases be included in the
computation of the interest portion of any payment due hereunder.

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NO OFFSETS OR DEDUCTIONS. All payments under this Note shall be made by Borrower
without any offset, decrease, reduction or deduction of any kind or nature
whatsoever, including, but not limited to, any decrease, reduction or deduction
for, or on account of, any offset, present or future taxes, present or future
reserves, imposts or duties of any kind or nature, that are imposed or levied by
or on behalf of any government or taxing agency, body or authority by or for any
municipality, state or country. If at any time, present or future, Lender shall
be compelled, by any Law, rule, regulation or any other such requirement which
on its face or by its application requires or establishes reserves, or payment,
deduction or withholding of taxes, imposts or duties, to act such that it causes
or results in a decrease, reduction or deduction (as described above) in payment
received by Lender, then Borrower shall pay to Lender such additional amounts,
as Lender shall deem necessary and appropriate, such that every payment received
under this Note, after such decrease, reserve, reduction, deduction, payment or
required withholding, shall not be reduced in any manner whatsoever.

DEFAULT. Any one or more of the following events or occurrences shall constitute
a default under this Note (hereinafter "Default"):

            (i)   Lender does not receive a payment in the amount and within the
                  applicable cure period, if any, when due, as set forth herein
                  or in the Loan Agreement; or

            (ii)  There shall be an Event of Default under the Loan Agreement;
                  or

            (iii) There shall be a default under any of the other Loan
                  Documents.

            Upon the occurrence of a Default hereunder, Lender may, in its sole
and absolute discretion, declare the entire unpaid principal balance, together
with all accrued and unpaid interest thereon, and all other amounts and payments
due hereunder, immediately due and payable, without notice or demand.

DEFAULT RATE. From and after the occurrence of any Default in this Note whether
by non-payment, maturity, acceleration, non-performance or otherwise, and until
such Default has been cured, all outstanding amounts under this Note shall bear
interest at a per annum rate ("Default Rate") equal to five percent (5%) over
the Note Rate.

PREPAYMENT. The principal amount of this Note may be prepaid in whole or in
part; provided, however, that written notice of prepayment is received by Lender
concurrently therewith. Any such prepayment shall not result in a
reamortization, deferral, postponement, suspension, or waiver of any and all
principal or other payments due under this Note.

LATE CHARGES. Time is of the essence for all payments and other obligations due
under this Note. Borrower acknowledges that if any payment required under this
Note is not received by Lender within ten (10) days after the same becomes due
and payable, Lender will incur extra administrative expenses (i.e., in addition
to expenses incident to receipt of timely payment) and the loss of the use of
funds in connection with the delinquency in payment. Because, from the nature of
the case, the actual damages

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suffered by Lender by reason of such administrative expenses and loss of the use
of funds would be impracticable or extremely difficult to ascertain, Borrower
agrees that five percent (5%) of the amount of the delinquent payment, together
with interest accruing on the entire principal balance of this Note at the
Default Rate, as provided above, shall be the amount of damages which Lender is
entitled to receive upon such breach, in compensation therefor. Therefore,
Borrower shall, in such event, without further demand or notice, pay to Lender,
as Lender's monetary recovery for such extra administrative expenses and loss of
use of funds, liquidated damages in the amount of five percent (5%) of the
amount of the delinquent payment (in addition to interest at the Default Rate).
The provisions of this paragraph are intended to govern only the determination
of damages in the event of a breach in the performance of Borrower to make
timely payments hereunder. Nothing in this Note shall be construed as in any way
giving Borrower the right, express or implied, to fail to make timely payments
hereunder, whether upon payment of such damages or otherwise. The right of
Lender to receive payment of such liquidated and actual damages, and receipt
thereof, are without prejudice to the right of Lender to collect such delinquent
payments and any other amounts provided to be paid hereunder or under any of the
Loan Documents, or to declare a default hereunder or under any of the Loan
Documents.

COSTS AND EXPENSES. Borrower hereby agrees to pay any and all costs or expenses
paid or incurred by Lender by reason of, as a result of, or in connection with
the enforcement of this Note, or any other Loan Documents, including, but not
limited to, any and all reasonable attorney's fees and related costs when such
costs or expenses are paid or incurred in connection with the enforcement of
this Note and the other Loan Documents, or any of them, the protection or
preservation of the collateral or security for this Note, or any other rights,
remedies or interests of Lender, whether or not suit is filed. Borrower's
agreement to pay any and all such costs and expenses includes, but is not
limited to, costs and expenses incurred in or in connection with any bankruptcy
proceeding, in enforcing any judgment obtained by Lender and in connection with
any and all appeals therefrom, and in connection with the monitoring of any
bankruptcy proceeding and its effect on Lender's rights and claims for recovery
of the amounts due hereunder, any proceeding concerning relief from the
automatic stay, use of cash collateral, proofs of claim, approval of a
disclosure statement or confirmation of, or objections to confirmation of, any
plan of reorganization. All such costs and expenses are due and payable to
Lender by Borrower within ten (10) Business Days following demand.

WAIVERS. Borrower hereby waives grace, diligence, presentment, demand, notice of
demand, dishonor, notice of dishonor, protest, notice of protest, any and all
exemption rights against the indebtedness evidenced by this Note and the right
to plead any statute of limitations as a defense to the repayment of all or any
portion of this Note, and interest thereon, to the fullest extent allowed by
law, and all compensation of cross-demands pursuant to California Code of Civil
Procedure Section 431.70. No delay, omission or failure on the part of Lender in
exercising any right or remedy hereunder shall operate as a waiver of such right
or remedy or any other right or remedy of Lender.

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MAXIMUM LEGAL RATE. This Note is subject to the express condition that at no
time shall Borrower be obligated, or required, to pay interest on the principal
balance at a rate which could subject Lender to either civil or criminal
liability as a result of such rate being in excess of the maximum rate which
Lender is permitted to charge. If, by the terms of this Note, Borrower is, at
any time, required or obligated to pay interest on the principal balance at a
rate in excess of such maximum rate, then the rate of interest under this Note
shall be deemed to be immediately reduced to such maximum rate and interest
payable hereunder shall be computed at such maximum rate and any portion of all
prior interest payments in excess of such maximum rate shall be applied, or
shall retroactively be deemed to have been payments made, in reduction of the
principal balance, as the case may be.

AMENDMENT; GOVERNING LAW. This Note may be amended, changed, modified,
terminated or canceled only by a written agreement signed by the party against
whom enforcement is sought for any such action. This Note shall be governed by,
and construed under, the Laws of the State of California.

AUTHORITY. Borrower, and each person executing this Note on Borrower's behalf,
hereby represents and warrants to Lender that, by its execution below, Borrower
has the full power, authority and legal right to execute and deliver this Note
and that the indebtedness evidenced hereby constitutes a valid and binding
obligation of Borrower without exception or limitation. In the event that this
Note is executed by more than one person or entity, the liability hereunder
shall be joint and several. Any married person who is obligated on this Note,
directly or indirectly, agrees that recourse may be had to such person's
separate property in addition to any and all community property of such person.

                           [Signature page to follow.]

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      IN WITNESS WHEREOF, Borrower has executed this Note as of the day and year
first above written.

"Borrower"

SYNTAX-BRILLIAN CORPORATION,
a Delaware corporation

By:    /s/ James Li
      -----------------------
Name:  James Li
Title: President & COO

SYNTAX GROUPS CORPORATION,
a California corporation

 By:  /s/Thomas Chow
      -----------------------
Name: Thomas Chow
Title:C.P.O.

SYNTAX CORPORATION,
a Nevada corporation

By:   /s/Thomas Chow
      -----------------------
Name: Thomas Chow
Title:C.P.O

                                      6exv10w53

 

EXHIBIT 10.53

MANUFACTURING AGREEMENT

     THIS MANUFACTURING AGREEMENT is made March 9, 2004, by and between SYNTAX GROUPS CORPORATION,
a California corporation, 17930 E. Ajax Circle, City of Industry, California 91748 (“Syntax”), and
Taiwan Kolin Company Limited, a company organized in Taiwan, ROC whose address is 11/F No.86
Section 1, Chung Ching South Road, Taipei, Taiwan, ROC (“Manufacturer”).

     WHEREAS, Syntax designs various computer-related as well as consumer electronic-related
Products (as hereafter defined) for manufacture and distribution under and in connection with the
trademarks and trade names SYNTAX and SGC SYNTAX and SYNTAXe and ÖLEVIA; and

     WHEREAS, Manufacturer is a designer and manufacturer of Liquid Crystal Display (LCD) and
Liquid Crystal On Silicon (LCOS) televisions and has in place the necessary facilities, permits,
licenses and financing to satisfy Syntax’s requirements for such LCD and LCOS Products; and

     WHEREAS, Manufacturer wishes to manufacture the Products for Syntax; and

     WHEREAS, Syntax desires that Manufacturer manufacture the Products; and

     WHEREAS, in the course of performance of this Agreement it is anticipated that Syntax will
divulge certain of its confidential, proprietary and trade secret information (“Trade Secrets”) to
Manufacturer, and the Parties wish to ensure that all such information be held in confidence and
not used by Manufacturer except as specified in this Agreement;

     NOW, THEREFORE, the Parties hereby undertake and make this Agreement.

     1. INTERPRETATION

     1.1 In this Agreement and the Schedules hereto the following terms shall, except where the
context otherwise requires, have the following meanings:

	 	 	 
	     “Business Day”

	 	means a day (other than a Saturday or Sunday) on which
banks generally are open for business in Taiwan;
	 
	 	 
	     “Cost Price”

	 	means the price at which Manufacturer shall manufacture and
provide the Products to

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	 	Syntax as determined and confirmed by the Parties
from time to time when Syntax places purchase
order for the Products to Manufacturer;
	 
	 	 
	     “Effective Date”

	 	means the date on which the last of the Parties
hereto executed this Agreement;
	 
	 	 
	     “Intellectual Property

     Rights”

	 	means patents, trademarks, service marks, design
rights, registered designs, trade or business
names or signs, copyrights (including rights in
computer software), and all rights or forms of
protection of a similar nature or having
equivalent or similar effect to any of these
which may subsist anywhere in the world of or
relating to the Products;
	 
	 	 
	     “Parties”

	 	means Syntax and Manufacturer;
	 
	 	 
	     “Products”

	 	means LCD television, LCOS television, and other
related products;
	 
	 	 
	     “Trademark”

	 	means SYNTAX and/or SGC SYNTAX and/or SYNTAXe
and/or ÖLEVIA;
	 
	 	 
	     “Working Hours”

	 	means 9:00 a.m. to 5:30 p.m. on a Business Day.

     2. PLACING ORDERS

     2.1 All orders by Syntax for Products shall be placed in writing.

     2.2 Orders shall be deemed accepted upon Manufacturer issuing a written acknowledgement
thereof.

     3. PRICE AND PAYMENT

     3.1 The Products shall be sold to Syntax at the Cost Price, or any other price agreed in
writing by the Parties.

     3.2 The Cost Price or other agreed price for the Products is exclusive of:

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          3.2.1 Value added tax or other applicable sales tax or duty; and

          3.2.2 All costs of packaging, shipping and insurance.

          3.2.3 CIF price inclusive of duty and costs of packaging, shipping
and insurance.

     3.3 All sums payable under this Agreement shall he paid within one hundred twenty (120) days.

     3.4 All sums payable to Manufacturer under this Agreement shall be paid in United States
Dollars.

     4. TERMS OF TRADING

     4.1 All sales of Products to Syntax by Manufacturer shall be on the Parties’ respective
standard terms, except that where there is a conflict between the provisions of this Agreement and
the standard terms, the provisions of this Agreement shall prevail.

     4.2 Manufacturer shall exercise its commercially reasonable best efforts to deliver the
Products ordered by Syntax to a point of export specified by Syntax no later than thirty (30) Days
following the date on which each order is acknowledged by Manufacturer as provided in Clause 2.2.

     5. MANUFACTURER’S OBLIGATIONS

     5.1 Manufacturer shall manufacture the Products only in such quantities as Syntax shall order.

     5.2 Manufacturer shall neither manufacture nor sell the Syntax-trademarked Products to the
Products for or sell products to any third party, or for its own accounts.

     5.3 Manufacturer shall manufacture the Products in conformity with Syntax’s written
specifications, which may attach to this Agreement.

     5.4 Manufacturer shall place within the packaging of each Product a written manufacturer’s
warranty stating that manufacturer shall replace the Product at

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Manufacturer’s cost in the event the Product is defective or fails to perform within one (1) year
from the date of purchase by the consumer. Manufacturer shall accept all defective Products
returned by Syntax and credit to Syntax the Cost Price of all defective Products returned to
Manufacturer. The Parties shall prepare and agree separate service agreement and return merchandise
authorization procedure, which will form an integral part of the Agreement.

     5.5 Manufacturer shall comply with all applicable laws and regulations of which it is aware
relating to manufacturing and exporting the Products.

     5.6 The Parties agree and acknowledge that all information, know-how and technical assistance
provided by Syntax to Manufacturer shall constitute the protectable Trade Secrets of Syntax.
Manufacturer agrees not to use the Trade Secrets except in the performance of this Agreement.
Manufacturer further agrees not to disclose such information, know-how and/or technical assistance
to third parties and to use reasonable efforts to protect the confidentiality of the Trade Secrets,
not less than the measures it takes to protect Manufacturer’s own most secret information.

     6. INTELLECTUAL PROPERTY RIGHTS

     6.1 All Intellectual Property Rights relating to the Products owned by Syntax and provided to
Manufacturer under this Agreement shall be and remain the property of Syntax. Such rights include,
without limitation, patent, trademark and trade secret rights. Manufacturer acknowledges the
validity and enforceability of such rights, and agrees never to challenge in any manner, either
directly or indirectly, in any court, administrative proceeding, arbitration or other forum such
validly or enforceability.

     6.2 Manufacturer may make use of the Trademark only in connection with the manufacture and
export of the Products. In no event shall Manufacturer’s use the Trademark imply ownership thereof.
All use of the Trademark shall inure to Syntax.

     6.3 Manufacturer shall promptly notify Syntax of any claim or action, or threat of such, that
the Intellectual Property Rights or the Trademark in any way infringe the rights of a third party,
but shall not take any action in respect thereof, including settlement or admission of liability,
without the prior written consent of Syntax.

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     7. WARRANTIES AND LIMITATIONS OF LIABILITY

     7.1 Manufacturer warrants and represents to Syntax that all Products sold hereunder shall conform
to Syntax’s written specifications and will be of satisfactory quality and fit for their normal
purpose.

     7.2 Syntax warrants and represents that the Products do not infringe the intellectual property
rights of any third party.

     7.3 This Clause 7 shall survive the termination of this Agreement for whatever reason.

     8. TERM AND TERMINATION

     8.1 This Agreement shall be binding on the Parties on the Effective Date and shall continue to
and including one year (the “Initial Term”).

     8.2 Upon the expiration of the Initial Term Syntax shall have the option to extend this
Agreement for an additional five (5) years in one (1) year increments, provided:

          8.2.1 Syntax requests such an extension in writing at least forty-five (45) days but not more
than ninety (90) days prior to the expiration of the Initial Term; and

          8.2.2 Syntax at the time it requests the extension and as of the expiration of the Initial
Term is not in default under this Agreement.

     8.3 Either party may, without prejudice to any of its other rights arising hereunder,
forthwith upon giving written notice, terminate this Agreement in any of the following events:

          8.3.1 if the other party shall fail to observe or perform any of the material terms or
conditions hereof and such default or breach shall continue for thirty (30) days or more after
notice in writing, specifying the breach and requiring the same to be remedied, has been given;

          8.3.2 if an order is made or a resolution is passed for winding-up of the other party except
in the case of voluntary winding-up for the purposes of a scheme of reconstruction;

          8.3.3 if a receiver is appointed in respect of the other party over any or all of its assets;
or

          8.3.4 if the other party becomes insolvent or is adjudged bankrupt.

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     8.4 No act of termination shall be taken, or become effective, before an inventory check on
finished Products, long lead time materials (panel, lamp, lens), and materials proprietary to
Syntax, in possession of the Manufacturer or its related vendors. Termination shall be commenced
provided that settlement is resolved by the Parties for product or materials as above-mentioned in
inventory check.

     9. CONSEQUENCES OF TERMINATION

     9.1 Except as expressly set forth in this Agreement, following the expiration or earlier
termination of this Agreement for any reason whatsoever:

          9.1.1 Manufacturer shall fulfill purchase orders for Products theretofore received and
accepted by Manufacturer.

          9.1.2 Manufacturer shall cease to make any use of the Intellectual Property and/or Trademark.

          9.1.3 All outstanding invoices from Manufacturer to Syntax shall become due and payable within
forty five (45) days.

          9.1.4 Except as otherwise provided in this Agreement and subject to any other rights or
obligations which have accrued prior to expiration or termination, neither of the Parties shall
have any further obligation to the other under this Agreement.

     10. FORCE MAJEURE

     10.1 Neither of the Parties shall have any liability whatsoever or be deemed to be in default
for any delays or failures in performance under this Agreement resulting from acts beyond the
control of that party, to wit, acts of God, war or national emergency, riot, epidemics or natural
disasters (“Force Majeure”).

     10.2 If the Force Majeure persists for more than twelve (12) consecutive months, either party
may terminate this Agreement by notice in writing to the other.

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     11. NO PARTNERSHIP

     11.1 Nothing in this Agreement and no action taken by either or both of the Parties pursuant to
this Agreement shall constitute, or be deemed to constitute, a partnership, association, joint
venture or other co-operative entity.

     12. ASSIGNABILITY AND SUBCONTRACTING

     12.1 Neither party may assign its rights hereunder without the prior written consent of the
other party not to be unreasonably withheld.

     12.2 Manufacturer shall not subcontract the whole of the Agreement.

     12.3 Manufacturer shall not subcontract any part of the Agreement without prior written
consent of Syntax, which shall not be unreasonably withheld.

     12.4 No subcontract shall relieve Manufacturer from any obligation or liability under the
Agreement and Manufacturer shall be liable for the acts, omissions or negligence of its
subcontractors and their respective employees, servants and agents, as though they were the acts,
omissions or negligence of Manufacturer.

     12.5 Manufacturer shall ensure that every subcontract shall:

          12.5.1 impose confidentiality obligations on the subcontractor similar to those imposed on
Manufacturer under the Agreement; and

          12.5.2 contain provisions relating to subcontracting to the same effect as this Condition.

     13. DISPUTE RESOLUTION

     13.1 In the event of any dispute, controversy, or claim arising out of or relating to this
Agreement, or the breach, termination or invalidity thereof (collectively “Dispute”) between the
Parties relating to matters arising under this Agreement a meeting shall be held between the
appointed representatives of the Parties to resolve the Dispute.

     13.2 In the event the Dispute is not otherwise resolved in accordance with Clause 14.1, then
the Dispute shall be settled by binding arbitration in accordance with the UNCITRAL Arbitration
Rules as at present in force. The appointing authority shall be the International Chamber of
Commerce (“ICC”) acting in accordance with the Rules adopted by the ICC for this purpose. The
arbitration shall be conducted in the English language before an ICC arbitration panel sitting in
Geneva, Switzerland applying the

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substantive law of the State of California, USA. The arbitrator shall have no authority to award
punitive damages. In the event of an arbitration to resolve the Dispute the prevailing party shall
be entitled to recover as an element of costs of suit its actual attorneys’ fees incurred in
prosecuting and/or defending against such claim.

     14. COUNTERPARTS

     14.1 This Agreement may be executed in any number of counterparts, and by the Parties on
separate counterparts, but shall not be effective until each party has executed at least one
counterpart. Each counterpart shall constitute an original of the Agreement, but all the
counterparts shall together constitute but one and the same instrument.

     15. NOTICES

     15.1 Any notice or other communication given or made under or in connection with the matters
contemplated in this Agreement shall be in writing.

     15.2 Any such notice or other communication shall be addressed as provided in Clause 15.3 and
shall be sent by overnight courier service or by facsimile, followed by first class mail. Such
notice shall be deemed to have been duly given or made as follows:

          15.2.1 if sent by overnight courier, upon delivery at the address of the party;

          15.2.2 if sent by facsimile, followed by first class ‘mail, upon receipt of the facsimile;

          15.2.3 if sent by electronic mail when the communication is first stored in the other party’s
electronic mailbox;

provided that if, in accordance with the above provisions, any such notice or other communication
would otherwise be deemed to be given or made outside Working Hours, such notice or other
communication shall be deemed to be given or made at the start of Working Hours on the next
Business Day.

     15.3 The relevant addressee, address, facsimile number and electronic mailbox of each party
for the purposes of this Agreement, subject to Clause 15.4 below, are:

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If to Syntax:

SYNTAX GROUPS CORPORATION

17930 E. Ajax Circle

City of Industry, California 91748, USA

Attention: James Li, CEO

E-mail address: jamesli@syntaxgroups.com

Fax: (626) 839-7950

If to Manufacturer:

Taiwan Kolin Company Limited

11/F No.86 Section 1, Chung Ching South Road

Taipei

Taiwan, ROC

Attention: Chris Liu, CEO

E-mail address: chrisliu@mail.kolin.com.tw

Fax: 886 2 2311 3855

     15.4 A party may notify the other party of a change to its name, relevant addressee, address
or facsimile number for the purposes of Clause 15.2 above by giving notice of such change in the
manner specified in Clause 15.2.

     15.5 Each notice, demand, request, statement, instrument, certificate, or other communication
given, delivered or made by any party to any other under or in connection with this Agreement shall
be in English.

     15.6 The provisions of this Clause 15 shall not apply in relation to the service of any writ,
summons, order, judgment or other document relating to or in connection with any legal proceedings.

     16. REMEDIES AND WAIVERS

     16.1 No delay or omission on the part of any party to this Agreement in exercising any right,
power or remedy provided by law or under this Agreement shall impair such right, power or remedy,
or operate as a waiver thereof.

     16.2 The single or partial exercise of any right, power or remedy provided by law or under
this Agreement shall not preclude any other or further exercise thereof or the exercise of any
other right, power or remedy.

     16.3 Except as expressly provided herein, the rights, powers and remedies provided in this
Agreement are cumulative and not exclusive of any rights, powers and remedies provided by law.

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     17. ENTIRE AGREEMENT

     17.1 This Agreement constitutes the whole and only agreement between the Parties relating to
the manufacture and sale of the Products and supersedes and extinguishes any prior drafts,
agreements, undertakings, representations and warranties of any nature whatsoever, whether, or not
in writing, relating thereto.

     17.2 This Agreement may only be modified in writing signed by each of the Parties.

     17.3 The Parties understand and agree that this document has been prepared only in the English
language and that the English language is the official language of this Agreement. It is
specifically understood and agreed that no party to this Agreement will assert or allege that it
did not understand each and every term and condition of the Agreement, and each party further
acknowledges that prior to entering into this Agreement, it had fair opportunity to seek
interpretation of the Agreement in the native language of the person(s) signing the Agreement.

     17.4 The Parties acknowledge that this Agreement has been jointly prepared by Syntax and
Manufacturer, and the language in all parts of this Agreement shall be, in all cases, construed
according to its fair meaning and not strictly for or against either party.

     17.5 Each party acknowledges that it has been advised and has had fair opportunity to consult
with its own attorneys, accountants and other expert advisors regarding the meaning and effects of
this Agreement.

     17.6 Each party warrants and represents that it has the power to enter into this Agreement and
perform in accordance with the provisions hereof, and that the execution and performance of the
Agreement has been duly and validly authorized in accordance with all applicable laws and governing
instruments.

     18. INVALIDITY

     18.1 If at
any time any provision of this Agreement is/or becomes illegal, invalid or
unenforceable in any respect under the law of the State of California, USA or any jurisdiction
within Taiwan, that shall not affect or impair the legality, validity or enforceability in that
jurisdiction of any other provision of this Agreement, or the legality, validity or enforceability
under the law of any other jurisdiction of that or any other provision of this Agreement.

Page 10 of 11

 

     IN WITNESS WHEREOF this Agreement has been signed by the duly authorized representatives of
the Parties the day and year herein below written.

	 	 	 	 	 
	Dated: March 10th 2004 	SYNTAX GROUPS CORPORATION

 	 
	 	By:  	/s/ James Li
 	 
	 	 	James Li 	 
	 	 	CEO 	 
	 
	Dated: March 10th 2004 	TAIWAN KOLIN COMPANY LIMITED

 	 
	 	By:  	/s/ Christopher C.L. Liu
 	 
	 	 	Christopher C.L. Liu 	 
	 	 	President 	 
	 

Page 11 of 11

 

ADDENDUM TO MANUFACTURING AGREEMENT

As regarding to the CEM Agreement item 3.3 that was signed between Syntax and Kolin dated March
10th 2004; the parties agree as follows:

	A.	 	Syntax agreed to T/T the actual dollar amount mim80% of the outstanding invoice amount
respectively back to Kolin as soon as all the A/R from the front end customers of Syntax has
been financed by the US banking facilities.

	B.	 	Kolin reserves the rights to audit and review the processes and actions that been taken by
Syntax as regarding to all of the A/R or A/P procedures from time to time.

	 	 	 	 	 
	Dated: March 12th 2004 	SYNTAX GROUPS CORPORATION

 	 
	 	By:  	                                       /s /James Li
 	 
	 	 	James Li 	 
	 	 	CEO 	 
	 
	Dated: March 12th 2004 	TAIWAN KOLIN COMPANY LIMITED

 	 
	 	By:  	/s/ Christopher C.L. Liu
 	 
	 	 	Christopher C.L. Liu 	 
	 	 	President 	 
	 

 

 

			
	SYNTAX
	 	Manufacturer of
	SYNTAX GROUPS CORPORATION
	 	ÖLEVIA
	 
	 	20480 E. Business Parkway, City of Industry, CA 91789
	 
	 	TEL: (909) 859-8400.. FAX: (909) 859-8401

February 1, 2005

Mr. Christopher C.L. Liu

President

Taiwan Kolin Company Limited

11/F, No.86 Section 1

Chung Ching South Road

Taipei, Taiwan

Dear Mr. Liu,

As the valuable and strategic alliance in our business development, pursuant to the Clause 8.2 of
the Manufacturing Agreement dated March 9, 2004 between us, we are writing to exercise the option
to extend the captioned agreement for an additional five years in one year increments upon the
expiration of the initial term due on March 10, 2005.

We are highly appreciated your continuous support to our company.

Yours sincerely,

For and on behalf of

Syntax Groups Corporation

 /s/ Michael Chan                    

Michael Chan

Chief Operating Officer

WARNING: This document contains confidential information, intended only for you, and is
privileged. This information is current and is subject to change. If you are not the intended
recipient, you are hereby notified that any disclosure, copying, distribution, or any other use of
this document is strictly prohibited. If you have received this document by error, please notify us
immediately by return email and destroy the original document immediately and all copies thereof.

www.syntaxgroups.com

 

 

May 7, 2007

Taiwan Kolin Company Limited

Attn: Christopher C.L. Liu

11/F, No. 86 Section 1

Chung Ching South Road

Taipei, Taiwan

Dear Mr. Liu,

     Pursuant to clause 8.2 of the Manufacturing Agreement dated March 9, 2004 between Taiwan Kolin
Company Limited and Syntax Groups Corporation, we are writing to confirm our mutual agreement that
Syntax Groups Corporation has elected to exercise the option to extend the agreement for an
additional year through March 2008. Please indicate your acknowledgement of the extension by
signing the enclosed copy of this letter and returning it to me at your earliest convenience. We
appreciate your ongoing support and collaboration with our company.

	 	 	 	 	 
	 

	 	Sincerely,	 	 
	 
	 	 	 	 
	 

	 	Syntax Groups Corporation	 	 
	 
	 	/s/ Wayne A. Pratt	 	 
	 

	 	 

By: Wayne A. Pratt
	 	 
	 

	 	Its: Chief Financial Officer	 	 

	 	 	 	 	 
	ACKNOWLEDGED AND AGREED:	 	 
	 
	 	 	 	 
	Taiwan Kolin Company Limited	 	 
	 
	 	 	 	 
	By:
	 	/s/ Roger Kao	 	 
	 

	 	 

	 	 
	Print Name:
	 	Roger Kao	 	 
	 

	 	 

	 	 
	Print Title:
	 	Vice Chairman	 	 
	 

	 	 

	 	 
	Dated:
	 	May 7, 2007

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