Document:

Exhibit 10.1

 

 

SUBSCRIPTION AGREEMENT

This SUBSCRIPTION
AGREEMENT (this “Agreement”), made as of the last date set forth on the signature page hereof, is between Magnolia
Solar Corporation, a Nevada corporation (the “Company”), and the undersigned (the “Subscriber”).

W I T N E S S E T H:

WHEREAS, the Company
is offering (the “Offering”) up to 5,000,000 units (“Units”) at a price of $4.00 per Unit or $20,000,000
(the “Maximum Offering”);

WHEREAS, each Unit
will consist of (1) one share of the Company’s common stock, par value $0.001 per share (the “Common Stock”)
and (2) a warrant to purchase one share of the Company’s Common Stock exercisable on or before December 31, 2018 at a price
of $5.00 per share (the “Warrant”). The Units are being offered to an unlimited number of Accredited Investors until
the earlier of (A) that date upon which subscriptions for the Maximum Offering have been received and accepted by the Company,
(B) [*], subject to a 30-day extension at the option of the Company or (C) that date upon which the Offering is terminated by the
Company; and

WHEREAS,
the Subscriber desires to purchase that number of shares of Units set forth on the signature page hereof on the terms and conditions
hereinafter set forth.

NOW, THEREFORE,
in consideration of the premises and the mutual representations and covenants hereinafter set forth, the parties hereto do hereby
agree as follows:

I.SUBSCRIPTION FOR UNITS AND REPRESENTATIONS BY SUBSCRIBER

1.1             
Subject to the terms and conditions hereinafter set forth and in the Confidential Private Placement Memorandum dated February
[*], 2016 (such memorandum, together with all amendments thereof and exhibits thereto, the “Memorandum”), the Subscriber
hereby irrevocably subscribes for and agrees to purchase from the Company such number of shares of Units, and the Company agrees
to sell the number of Units to the Subscriber as is set forth on the signature page hereof, at a per share price equal to $4.00
per Unit (the “Purchase Price”). The Purchase Price is payable by wire transfer of immediately available funds to:

     [*]

1.2             
The Subscriber recognizes that the purchase of the Units involves a high degree of risk including, but not limited to risks
relating to the Units, the Company and its operations. 

1.3             
The Subscriber represents that the Subscriber is an “Accredited Investor” as such term is defined in Rule 501
of Regulation D (“Regulation D”) promulgated under the Securities Act, as indicated by the Subscriber’s responses
to the questions contained in Article VI hereof.

1.4             
The Subscriber hereby acknowledges and represents that (a) the Subscriber has knowledge and experience in business and financial
matters, prior investment experience, including investment in securities that are non-listed, unregistered and/or not traded on
a national securities exchange, or the Subscriber has employed the services of a “purchaser representative” (as defined
in Rule 501 of Regulation D), attorney and/or accountant to read all of the documents furnished or made available by the Company
both to the Subscriber and to all other prospective investors in the Units to evaluate the merits and risks of such an investment
on the Subscriber’s behalf; (b) the Subscriber recognizes the highly speculative nature of this investment; and (c) the Subscriber
is able to bear the economic risk that the Subscriber hereby assumes.

1.5             
The Subscriber hereby acknowledges receipt and careful review of this Agreement, the Memorandum (which includes the Risk
Factors), including all exhibits thereto, and any documents which may have been made available upon request as reflected therein
(collectively referred to as the “Offering Materials”). The Subscriber agrees to the terms of the Warrant and the Certificate
of Designation attached to the Memorandum as exhibits. The Subscriber hereby represents that the Subscriber has been furnished
by the Company during the course of the Offering with all information regarding the Company, the terms and conditions of the Offering
and any additional information that the Subscriber has requested or desired to know, and has been afforded the opportunity to ask
questions of and receive answers from duly authorized officers or other representatives of the Company concerning the Company and
the terms and conditions of the Offering. Capitalized terms not defined in this Agreement shall have the terms ascribed to them
in the Memorandum.

    	 		 

    	 

    

1.6             
In making the decision to invest in the Units and the underlying securities, the Subscriber has relied solely upon the information
provided by the Company in the Offering Materials. To the extent necessary, the Subscriber has retained, at its own expense, and
relied upon appropriate professional advice regarding the investment, tax and legal merits and consequences of this Agreement and
the purchase hereunder. The Subscriber disclaims reliance on any advertisements of the Offering and statements made or information
provided by any person or entity in the course of Subscriber’s consideration of an investment other than the Offering Materials.

1.7             
The Subscriber hereby represents that the Subscriber, either by reason of the Subscriber’s business or financial experience
or the business or financial experience of the Subscriber’s professional advisors (who are unaffiliated with and not compensated
by the Company or any affiliate or selling agent of the Company, directly or indirectly), has the capacity to protect the Subscriber’s
own interests in connection with the transaction contemplated hereby.

1.8             
The Subscriber hereby acknowledges that the Offering has not been reviewed by the United States Securities and Exchange
Commission (the “SEC”) nor any state regulatory authority since the Offering is intended to be exempt from the registration
requirements of Section 5 of the Securities Act, pursuant to Regulation D. The Subscriber understands that the Units have not been
registered under the Securities Act or under any state securities or “blue sky” laws and agrees not to sell, pledge,
assign or otherwise transfer or dispose of the Units or any of the underlying securities unless it is registered under the Securities
Act and under any applicable state securities or “blue sky” laws or unless an exemption from such registration is available.

1.9             
The Subscriber understands that the Units are being sold to the Subscriber by reason of a claimed exemption under the provisions
of the Securities Act that depends, in part, upon the Subscriber’s investment intention. In this connection, the Subscriber
hereby represents that the Subscriber is purchasing the Units for the Subscriber’s own account for investment and not with
a view toward the resale or distribution to others. The Subscriber,
if an entity, further
represents that it
was not formed for
the purpose of purchasing
the Units.

1.10         
The Subscriber consents to the placement of a legend on any certificate or other document evidencing the Units and the underlying
securities that such securities have not been registered and setting forth or referring to the restrictions on transferability
and sale thereof contained in this Agreement. The Subscriber is aware that the Company will make a notation in its appropriate
records with respect to the restrictions on the transferability of such Units or the underlying securities. The legend to be placed
on each certificate shall be in form substantially similar to the following:

“The
securities represented by this certificate have not been registered under the Securities Act of 1933, as amended and may not be
sold, transferred, pledged, hypothecated or otherwise disposed of in the absence of (i) an effective registration statement for
such securities under said act or (ii) an opinion of company counsel that such registration is not required.” 

1.11         
The Subscriber understands that the Company will review this Agreement and is hereby given authority by the Subscriber to
make such inquiries that the Company deems necessary in order to verify the accredited investor status of the Subscriber and otherwise
verify any other information provided to the Company by the Subscriber. The Subscriber hereby represents that the address of the
Subscriber furnished by Subscriber on the signature page hereof is the Subscriber’s principal residence if Subscriber is
an individual or its principal business address if it is a corporation or other entity.

1.12         
The Subscriber represents that the Subscriber has full power and authority (corporate, statutory and otherwise) to execute
and deliver this Agreement and to purchase the Units. This Agreement constitutes the legal, valid and binding obligation of the
Subscriber, enforceable against the Subscriber in accordance with its terms.

1.13         
If the Subscriber is a corporation, partnership, limited liability company, trust, employee benefit plan, individual retirement
account, Keogh Plan, or other tax-exempt entity, it is authorized and qualified to invest in the Company and the person signing
this Agreement on behalf of such entity has been duly authorized by such entity to do so.

    	 	2	 

    	 

    

 

1.14         
The Subscriber acknowledges that if he or she is a Registered Representative of an FINRA member firm, he or she must give
such firm the notice required by the FINRA’s Rules of Fair Practice, receipt of which must be acknowledged by such firm in
Section 6.3 below.

1.15         
The Subscriber agrees not to issue any public statement with respect to the Subscriber’s investment or proposed investment
in the Company or the terms of any agreement or covenant between them and the Company without the Company’s prior written
consent, except such disclosures as may be required under applicable law or under any applicable order, rule or regulation.

1.16         
The Subscriber agrees to hold the Company and its directors, officers, employees, affiliates, controlling persons and agents
and their respective heirs, representatives, successors and assigns harmless and to indemnify them against all liabilities, costs
and expenses incurred by them as a result of (a) any sale or distribution of the Units or the underlying securities by the Subscriber
in violation of the Securities Act or any applicable state securities or “blue sky” laws; or (b) any false representation
or warranty or any breach or failure by the Subscriber to comply with any covenant made by the Subscriber in this Agreement (including
the Confidential Investor Questionnaire contained in Article VI herein) or any other document furnished by the Subscriber to any
of the foregoing in connection with this transaction.

		II.	REPRESENTATIONS BY AND COVENANTS OF THE COMPANY

The
Company hereby represents and warrants to the Subscriber that:

2.1             
Organization, Good Standing and Qualification. The Company is corporation duly organized, validly existing and in good standing
under the laws of the State of Nevada and has full corporate power and authority to conduct its business.

2.2             
Authorization; Enforceability. The Company has all corporate right, power and authority to enter into this Agreement and
to consummate the transactions contemplated hereby. All corporate action on the part of the Company necessary for the (a) authorization
execution, delivery and performance of this Agreement by the Company; and (b) authorization, sale, issuance and delivery of the
Units and the underlying securities contemplated hereby and the performance of the Company’s obligations hereunder has been
taken. This Agreement has been duly executed and delivered by the Company and constitutes a legal, valid and binding obligation
of the Company, enforceable against the Company in accordance with its terms, subject to laws of general application relating to
bankruptcy, insolvency and the relief of debtors and rules of law governing specific performance, injunctive relief or other equitable
remedies, and to limitations of public policy. 

2.3             
No Conflict; Governmental Consents. (a) The execution and delivery by the Company of this Agreement and the consummation
of the transactions contemplated hereby will not result in the violation of any material law, statute, rule, regulation, order,
writ, injunction, judgment or decree of any court or governmental authority to or by which the Company is bound, or of any provision
of the Certificate of Incorporation or the Bylaws of the Company, and will not conflict with, or result in a material breach or
violation of, any of the terms or provisions of, or constitute (with due notice or lapse of time or both) a default under, any
material lease, loan agreement, mortgage, security agreement, trust indenture or other agreement or instrument to which the Company
is a party or by which it is bound or to which any of its properties or assets is subject, nor result in the creation or imposition
of any lien upon any of the properties or assets of the Company.

(b)No
consent, approval, authorization or other order of any governmental authority is required to be obtained by the Company in connection
with the authorization, execution and delivery of this Agreement or with the authorization, issue and sale of the Units, except
such filings as may be required to be made with the SEC, FINRA and with any state or foreign blue sky or securities regulatory
authority.

		III.	TERMS OF SUBSCRIPTION

3.1             
All funds paid hereunder shall be deposited with the Company in the account identified in Section 1.1 hereof. 

3.2             
At any time on or after the date hereof, the Company may conduct a closing of the purchase and sale of the Units (a “Closing”)
and may conduct subsequent Closings on an interim basis until the earlier of: (A) that date upon which subscriptions for the Maximum
Offering have been received and accepted by the Company, (B) [*], subject to a 30-day extension at the option of the Company or
(C) that date upon which the Offering is terminated by the Company. 

3.3             
The Subscriber understands and agrees that the Company reserves the right to reject this subscription, in whole or part
in any order at any time prior to the Closing for any reason, notwithstanding the Subscriber’s prior receipt of notice of
acceptance of the Subscriber’s subscription.

    	 	3	 

    	 

    

3.4             
Pending any Closings, all funds paid hereunder shall be deposited by the Company in the account identified in Section 1.1
hereof. The Subscriber acknowledges and agrees that this Agreement and any other documents delivered in connection herewith will
be held by the Company. In the event that this Agreement is not accepted by the Company for whatever reason, which the Company
expressly reserves the right to do, this Agreement, the purchase price received (without interest thereon) and any other documents
delivered in connection herewith will be returned to the Subscriber at the address of the Subscriber as set forth in this Agreement.
If this Agreement is accepted by the Company, the Company is entitled to treat purchase price received as an interest free loan
to the Company until such time as the subscription is accepted.

		IV.	REGISTRATION RIGHTS

4.1             
MGLT will file a Registration Statement of Form S-1 with the Commission to register both the Common Stock and shares of
Common Stock underlying the Warrants. The Registration Statement on Form S-1 will be filed within 30 days of the initial closing.

		V.	MISCELLANEOUS

5.1             
Any notice or other communication given hereunder shall be deemed sufficient if in writing and sent by registered or certified
mail, return receipt requested, or delivered by hand against written receipt therefor, addressed as follows:

	if to the Company, to it at:	
        Magnolia Solar
        Corporation

        3333 Pinnacle
        Hills Parkway, Suite 220

        Rogers, Arkansas
        72758

        Attention: Randy
        May

	
         

        with
        a copy to (which shall not constitute notice):
	
         

        Sichenzia Ross
        Friedman Ference LLP

        61 Broadway, 32nd
        Floor

        New York, NY 10006

        Re: Magnolia Solar Corporation

if
to the Subscriber, to the Subscriber’s address indicated on the signature page of this Agreement.

Notices
shall be deemed to have been given or delivered on the date of mailing, except notices of change of address, which shall be deemed
to have been given or delivered when received.

5.2             
Except as otherwise provided herein, this Agreement shall not be changed, modified or amended except by a writing signed
by the parties to be charged, and this Agreement may not be discharged except by performance in accordance with its terms or by
a writing signed by the party to be charged.

5.3             
This Agreement shall be binding upon and inure to the benefit of the parties hereto and to their respective heirs, legal
representatives, successors and assigns. This Agreement sets forth the entire agreement and understanding between the parties as
to the subject matter hereof and merges and supersedes all prior discussions, agreements and understandings of any and every nature
among them.

5.4             
Upon the execution and delivery of this Agreement by the Subscriber, this Agreement shall become a binding obligation of
the Subscriber with respect to the purchase of the Units as herein provided, subject, however, to the right hereby reserved by
the Company to enter into the same agreements with other Subscribers and to add and/or delete other persons as Subscribers.

    	 	4	 

    	 

    

5.5             
NOTWITHSTANDING THE PLACE WHERE THIS AGREEMENT MAY BE EXECUTED BY ANY OF THE PARTIES HERETO, THE PARTIES EXPRESSLY AGREE
THAT ALL THE TERMS AND PROVISIONS HEREOF SHALL BE CONSTRUED IN ACCORDANCE WITH AND GOVERNED BY THE LAWS OF THE STATE OF FLORIDA
WITHOUT REGARD TO SUCH STATE’S PRINCIPLES OF CONFLICTS OF LAW. IN THE EVENT THAT A JUDICIAL PROCEEDING IS NECESSARY, THE
SOLE FORUM FOR RESOLVING DISPUTES ARISING OUT OF OR RELATING TO THIS AGREEMENT IS THE STATE COURTS LOCATED IN THE STATE OF FLORIDA
OR THE FEDERAL COURTS FOR SUCH STATE, AND ALL RELATED APPELLATE COURTS, THE PARTIES HEREBY IRREVOCABLY CONSENT TO THE JURISDICTION
OF SUCH COURTS AND AGREE TO SAID VENUE. 

5.6             
In order to discourage frivolous claims the parties agree that unless a claimant in any proceeding arising out of this Agreement
succeeds in establishing his claim and recovering a judgment against another party (regardless of whether such claimant succeeds
against one of the other parties to the action), then the other party shall be entitled to recover from such claimant all of its/their
reasonable legal costs and expenses relating to such proceeding and/or incurred in preparation therefor.

5.7             
The holding of any provision of this Agreement to be invalid or unenforceable by a court of competent jurisdiction shall
not affect any other provision of this Agreement, which shall remain in full force and effect. If any provision of this Agreement
shall be declared by a court of competent jurisdiction to be invalid, illegal or incapable of being enforced in whole or in part,
such provision shall be interpreted so as to remain enforceable to the maximum extent permissible consistent with applicable law
and the remaining conditions and provisions or portions thereof shall nevertheless remain in full force and effect and enforceable
to the extent they are valid, legal and enforceable, and no provisions shall be deemed dependent upon any other covenant or provision
unless so expressed herein.

5.8             
It is agreed that a waiver by either party of a breach of any provision of this Agreement shall not operate, or be construed,
as a waiver of any subsequent breach by that same party.

5.9             
The parties agree to execute and deliver all such further documents, agreements and instruments and take such other and
further action as may be necessary or appropriate to carry out the purposes and intent of this Agreement.

5.10         
This Agreement may be executed in two or more counterparts each of which shall be deemed an original, but all of which shall
together constitute one and the same instrument. In the event that any signature is delivered by facsimile transmission or by e-mail
delivery of a ".pdf" format data file, such signature shall create a valid and binding obligation of the party executing
(or on whose behalf such signature is executed) with the same force and effect as if such facsimile or ".pdf" signature
page were an original thereof.

5.11         
Nothing in this Agreement shall create or be deemed to create any rights in any person or entity not a party to this Agreement.

    	 	5	 

    	 

    

		VI.	CONFIDENTIAL INVESTOR QUESTIONNAIRE

6.1             
The Subscriber represents and warrants that he, she or it comes within one category marked below, and that for any category
marked, he, she or it has truthfully set forth, where applicable, the factual basis or reason the Subscriber comes within that
category. ALL INFORMATION IN RESPONSE TO THIS SECTION WILL BE KEPT STRICTLY CONFIDENTIAL. The Subscriber acknowledges the significance
to the Company of the foregoing representations and answers contained in the Confidential Investor Questionnaire contained in this
Article VI and such answers have been provided under the assumption that the Company will rely on them. The undersigned agrees
to furnish any additional information which the Company deems necessary in order to verify the answers set forth below.

	Category
    A       	The Subscriber is (i) an individual (not a partnership, corporation, etc.) whose individual net worth, or joint net worth with his or her spouse, presently exceeds $1,000,000, exclusive of the value of his or her primary residence or (ii) a self-directed retirement account (“Retirement Account”) whose participant’s net worth (or joint net worth with his or her spouse) presently exceeds $1,000,000.
	 	 
	 	Explanation: In calculating net worth you may include equity in personal property and real estate, including your principal residence, cash, short-term investments, stock and securities.  Equity in personal property and real estate should be based on the fair market value of such property less debt secured by such property.
	 	 
	Category
    B       	The Subscriber is (i) an individual (not a partnership, corporation, etc.) who had an income in excess of $200,000 in each of the two most recent years, or joint income with his or her spouse in excess of $300,000 in each of those years and has a reasonable expectation of reaching the same income level in the current year or (ii) a Retirement Account and the Retirement Account participant meets the tests in clause (i).
	 	 
	Category
    C       	The Subscriber is a director or executive officer of the Company which is issuing and selling the Units.
	 	 
	Category
    D       	The Subscriber is a bank; a savings and loan association; insurance company; registered investment company; registered business development company; licensed small business investment company (“SBIC”); or employee benefit plan within the meaning of Title 1 of ERISA and (i) the investment decision is made by a plan fiduciary which is either a bank, savings and loan association, insurance company or registered investment advisor, or (ii) the plan has total assets in excess of $5,000,000 or (iii) is a self directed plan with investment decisions made solely by persons that are accredited investors. (describe entity):
	 	 
	 	 
	Category E       	The Subscriber is a private business development company as defined in section 202(a)(22) of the Investment Advisors Act of 1940. (describe entity) 
	 	 
	 	 
	Category F       	The Subscriber is either a corporation, partnership, Massachusetts business trust, or non-profit organization within the meaning of Section 501(c)(3) of the Internal Revenue Code, in each case not formed for the specific purpose of acquiring the Units and with total assets in excess of $5,000,000. (describe entity)
	 	 
	 	 
	Category
    G       	The Subscriber is a trust with total assets in excess of $5,000,000, not formed for the specific purpose of acquiring the Units, where the purchase is directed by a “sophisticated investor” as defined in Regulation 506(b)(2)(ii) under the Act.
	 	 
	Category
    H       	The Subscriber is a revocable trust and the grantor is an accredited investor (describe entity) (please provide the information described beneath Category A or Category B above for each accredited investor) : 
	 	 
	 	 
	Category I       	The Subscriber is an entity (other than a trust) in which all of the equity owners are “accredited investors” within one or more of the above categories.  If relying upon this Category alone, each equity owner must complete a separate copy of this Agreement and the information described beneath Category A or Category B above.  (describe entity)
	 	 
	 	 
	Category J       	The Subscriber is not within any of the categories above and is therefore not an accredited investor.

The Subscriber agrees that the undersigned will notify
the Company at any time on or prior to the closing in the event that the representations and warranties in this Agreement shall
cease to be true, accurate and complete.

    	 	6	 

    	 

    

 

6.2               
SUITABILITY (please answer each question)

(a)For all Subscribers, please
state whether you have participated in other private placements before:

YES_______NO_______

(b)Please indicate frequency
of such prior participation in the investments listed below:

	 	 	 	 	 	Public Companies	 	 	 	Private Companies	 
	 	Frequently	 	 	 	—	 	 	 	—	 
	 	Occasionally	 	 	 	—	 	 	 	—	 
	 	Never	 	 	 	—	 	 	 	—	 

 

(c)For all Subscribers, are
you familiar with the risk aspects and the non-liquidity of investments such as the Units for which you seek to subscribe?

YES_______NO_______

6.3               
FINRA AFFILIATION.

Are you affiliated or associated
with an FINRA member firm (please check one):

Yes _________No __________

If Yes, please describe:

 

*If Subscriber is a Registered
Representative with an FINRA member firm, have the following acknowledgment signed by the appropriate party:

 

The undersigned FINRA member firm
acknowledges receipt of the notice required by Article 3, Sections 28(a) and (b) of the Rules of Fair Practice.

_________________________________

Name of FINRA Member Firm

 

	By: ______________________________	 	Date:____________________________
	Authorized Officer	 	 

  

    	 	7	 

    	 

    

 

NUMBER OF UNITS _______________
X $4.00= $______________

 

Dated: , 2016

 

	 	 	 
	Signature	 	Signature (if purchasing
jointly)
	 	 	 
	 	 	 
	Name Typed or Printed	 	Name Typed or
Printed
	 	 	 
	 	 	 
	Title (if Subscriber is an Entity)	 	Title
(if Subscriber is an Entity)
	 	 	 
	 	 	 
	Entity Name (if applicable)	 	Entity
Name (if applicable)
	 	 	 
	 	 	 
	Address	 	Address
	 	 	 
	 	 	 
	City, State and Zip Code	 	City, State
and Zip Code
	 	 	 
	 	 	 
	Telephone	 	Telephone
	 	 	 
	 	 	 
	Facsimile	 	Facsimile
	 	 	 
	 	 	 
	E-Mail	 	E-Mail
	 	 	 
	 	 	 
	Tax ID # or Social Security #	 	Tax
ID # or Social Security #

Name in which securities should
be issued:____________________________________________

Manner in which title is to be held:
(check only one)

☐
Individual Ownership

	Joint
    Subscription: 	Entity
                                         

        

	☐
    Community Property 	☐
                                         Partnership 

        

	☐
    Joint Tenant with Right of Survivorship (JTWRS)	☐
                                         Company 

        

	☐
    Tenants in Common (TIC)	☐
                                         Self-Directed Retirement Account

        

	☐
    Tenants by Entirety (TBE)	☐
                                         Trust 

        

	(If
    Securities are being subscribed for as a joint subscription, both parties must sign.)	☐
     Other
	 	(Complete Cert. of Signatory–Annex A)

  

This Subscription Agreement is agreed to and accepted
as of ________________, 2016.

	 	Magnolia Solar Corporation
	 	 
	 	By: 	
	 	 	

 

 

    	 	8	 

    	 

    

 ANNEX A TO EXHIBIT A

CERTIFICATE OF SIGNATORY

 

(To be completed if the Units are

being subscribed for by an entity)

 

 

I, __________________________________,
am the _________________________________ of

 

__________________________________________
(the “Entity”).

 

I certify that I am empowered and duly
authorized by the Entity to execute and carry out the terms of the Subscription Agreement and to purchase and hold the Units, and
certify further that the Subscription Agreement has been duly and validly executed on behalf of the Entity and constitutes a legal
and binding obligation of the Entity.

 

IN WITNESS WHEREOF, I have set my hand
this ________ day of _________________, 2016

 

 

_______________________________________

(Signature)

 

 

    	 	9Exhibit 10.1

 

Purchase and Sale Contract

 

Chailease Finance
Co., Ltd. (CFC) (hereinafter referred to as "Party A")

 

Contracting Party

 

Applied Optoelectronics,
Inc., Taiwan Branch (hereinafter referred to as "Party B")

 

WHEREAS in consideration of the following
Subject Matter purchased by Party A from Party B, the Parties agree to enter into the Agreement as follows:

 

Section 1 Subject Matter, Specifications,
and Quantity: 

Section 2 Contract Price: THREE
HUNDRED TWELVE MILLION NINE HUNDRED TWENTY SEVEN THOUSAND ONE HUNDRED EIGHTY New Taiwan Dollar ($312,927,180), Tax not Included

 

Section 3 Place of delivery:
upon the date of signing, both parties agree that title to the Subject Matter shall be transferred to Party A, provided that the
Subject matter is still under Party B's possession and placed at its original location or delivered by Party B to any third party
designated by Party A; and any expense for its installation and transportation shall be at Party B's expense.

 

Section 4 Payment: upon
transfer of the Subject Matter to Party A, Party A shall make payment of goods to Party B or any third party designated by Party
B.

 

Section 5
Party B agrees that, when purchasing the Subject Matter back from Party A after the sale of the Subject Matter is closed, in case
of any defect or nonconforming in its design or manufacture, resulting in loss of general or desired utility or malfunction, Party
B will repair it at its own expense without any dispute.

 

    	 	1	 

     

    

 

Section 6
Party B warrants that the title to the Subject Matter belongs to Party B without any mortgage, conditional sale, interest in possession
trust, or any other encumbrance created by any third party, or any involvement in any other liability, if the warranty is breached,
Party B shall assume all civil or criminal liability. 

 

Section 7
Party B warrants that, selling of the Subject Matter to Party A must be in compliance with Section 185.1.2 of the Company Act,
which provides that such action requires attendance of shareholders representing more than two thirds of total shares issued at
the annual general meeting and consent of more than half of voting rights by shareholders present or, in case of a public-listed
company, attendance of shareholders representing more than half of total shares issued and consent of more than two thirds of voting
rights by shareholders present. 

 

Section 8: Party B fully understands
and agrees the following: because Party A accommodates Party B on the time for contract signing and identity verification, Party
B agrees to officially seal this contract and related claim instrument prior to the contract; before Party A officially seals the
aforementioned contract and claim instrument, Party A is not legally bound by this contract and reserves the right to make final
decisions.

 

Section 9: The
Subject Matter of this contract is purchased by Party A from Party B based on the request and stipulation specified in the finance
lease agreement. If another finance lease agreement between Party A and Party B becomes void or revoked, Party A may revoke or
terminate this sale contract. Party B shall ensure the Subject Matter does not have any defects of goods or title.

 

Section 10: Party
B shall strictly abide by Party A's operating-with-integrity principle and other regulations. Party B shall, by no means, tempt,
promise, scheduled-pay, deliver, or provide inappropriate benefits (such as commission, kickback, gift, and bribes) to Party A
personnel (including but not limited to the person in charge, employee, or other people involved). In the event of a breach of
the aforementioned provisions, Party A may claim for indemnification and deduct the specific amount from the payment or guarantee
deposit that Party A shall make or return according to this contract. In
the case that such deduction is insufficient Party B shall satisfy the balance. Party A may also unconditionally terminate or revoke
this contact. If Party B is aware of any Party A personnel requesting, promising, scheduled-paying,
accepting, or providing inappropriate benefits (such as commission, kickback, gift, and bribes), Party B shall immediately notify
Party A of the person's identity, request, promise, scheduled payment, way of accepting or providing benefits, cash amount, or
other form of benefits; meanwhile, Party B shall provide related evidence for Party A to investigate.

 

Section 11
In witness whereof, this Agreement is executed in duplicate and the Parties each are provided with one copy. 

 

Section 12
In case of any dispute arising out of the Agreement, the Parties agree to accept Shihlin District Court in Taiwan as the trial
court. 

 

Contracting Parties

 

Party A: Chailease Finance Co., Ltd.

Legal Representative: Project Branch Manager,
Chen, Chi-Chung

 

Party B: Applied Optoelectronics, Inc.,
Taiwan Branch

Legal Representative: Yeh, Shu-Hua (Joshua)

 

March 31st, 105 Year of Republic
of China

Repurchase after Sale (L08) /Lease back
after Sale (L08) /2015.11

 

 

    	 	2	 

     

    

 

Finance Lease Agreement
No.:A1603040AB

 

The contracting party, Applied Optoelectronics,
Inc., Taiwan Branch (hereinafter referred to as the "Lessee"), together with the joint guarantor (hereinafter referred
to as the "Guarantor") apply with Chailease Finance Co., Ltd. (CFC) including
the parent company and its subsidiaries (hereinafter referred to as the "Lessor") for finance lease. The Parties agree
to enter into an agreement as follows:

 

Section 1 Leased Property 

The Lessor desires to lease to the Lessee,
and the Lessee desires to lease from the Lessor, the Subject Matter contained in the Leased Items page in this Agreement, including
all auxiliary spares, additional works, improvements, and fixtures and fittings.

 

Section 2 Delivery and Acceptance:
The delivery and acceptance of the leased property must be subject to any of the following:

2.1 The Lessor shall require the seller
to deliver the leased property used by the Lessee to the place as specified in the Leased Items page and notify the seller to make
such delivery on the specified date of delivery or earlier.

2.2 In case of failure to deliver on specified
day for any reason including force majeure or nonconformity of the leased property or any other defect, the Lessee agrees to hold
the Lessor harmless against any risk or damage arising thereof.

2.3 Upon receipt of shipping documents
by the bank issuing letter of credit, the Lessor shall deliver B/L to the Lessee. The Lessee shall be responsible for the following
procedures such as importing and receiving of goods; delivery of B/L must be deemed as completion of delivery and acceptance of
the leased property, regardless of the status of the leased property or its place. The Lessee shall issue the Certificate of Delivery
and Acceptance of Leased Property to the Lessor.

2.4 In case of delivery in specie by the
Seller, the Lessee shall on its own expense conduct detailed inspections and required tests on the leased property; if the leased
property is free from any defect, the Lessee is hereby authorized by the Lessor to conduct acceptance and immediately notify the
Lessor of its result in writing.

2.5 The Lessor may exercise simple delivery,
transfer of possession or tender of delivery in accordance with Section 761 of the Civil Law.

 

Section 3 Lease Period and Rent

3.1 The validity of the Agreement during
the lease period may not be affected by delay of delivery or the acceptance provision as set forth in Subsection 2.2 and 2.3. The
rent must be calculated starting on the payment date specified in the Leased Items page and ending on the final installment of
rent and satisfaction of all expenses paid to the Lessor hereunder.

3.2 The Lessee shall pay the Lessor the
rent specified in the Leased Items page. The installments, amount, denomination, foreign exchange rate, and payment date for each
installment shall be subject to the Leased Items.

3.3 Payment of rent for each installment
and other expense as specified herein is the essence of the Agreement. In case of late payment of rent for any installment or any
other required payment or any part thereof, the Lessee shall be liable for default and shall make an additional payment equaling
20% of annual interest rate for period starting on the date of default and ending on the date of repayment.

 

 

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Section 4 Place of Use, Labeling and
Security of Leased Property

4.1 The Lessee shall place the leased property
in the place of use as specified in the Leased Items, and its relocation may not be made until written consent from the Lessor.

4.2 The Lessee shall separate any leased
property categorized as movable property from any other property, and the leased property may not be fixed at any other immovable
property or be attached or fixed to any other movable property without written consent from the Lessor.

4.3 Without consent from the Lessor, the
Lessee may not sell, sublease, transfer, make mortgage or treatment, or create lien on, the leased property or for any interest
in the Agreement, the leased property or its interest on the Agreement.

4.4 The Lessee shall maintain in good repair
any brand, logo, plate, label, post and legend appeared in the leased property, and may not remove, deface or clear them.

4.5 The Lessor or its authorized employee
has right of access to the place where the Lessor believes the leased property is located to examine the status of use of the leased
property any time within the business period without permission from the Lessee, and may exercises its rights as specified hereunder.

 

Section 5 Usage and Tax 

5.1 The Lessee shall operate the leased
property in accordance with any guideline or rules prepared by the manufacturer to comply with applicable regulations set forth
by government agencies; in case of failure resulting in damage, destruction, forfeiture or seizure, the joint guarantor's liability
will not be exempted. All the obligations aforementioned are immediately due and the contracting party agrees to satisfy all obligations
owned to the Lessor without condition and indemnify the Lessor for losses incurred.

5.2 The Lessee shall bear any expense arising
out of use of the leased property including but not limited to taxes, sales tax on leased property, fees, penalties, fines, oil
fee and maintenance fee, and cost for required spare parts.

5.3 Where any leased property is imported
equipment, if the Lessee is required to pay additional duties or any other expense due to change of regulations or any other reason
after the Lessor clears account of costs and the rent starts to accrue, the Lessee shall unconditionally charge such additional
payment into leasing costs and immediately pay the Lessor.

 

Section 6 Maintenance, Improvement,
Alteration and Change 

6.1 The Lessee shall at its own expense
maintain, repair and keep in good repair any leased property; it shall provide accessories, tools, and services required for maintenance,
and designate qualified staff to conduct maintenance.

6.2 Without written consent from the Lessor,
the Lessee may not make any alteration, change or additional parts to any leased property.

6.3 In the case that any part or accessory
attached to the leased property is replaced by the Lessee for any reason, the new one must be identical to the replaced one as
to their value and utility, and such new item shall be owned by the Lessor upon the date of replacement.

 

Section 7 Damage and Destruction 

The Lessee shall be liable for damage or
permanent loss of useful value of any part of any leased property caused by its loss, stealing, destruction or damage, or its impairment
or loss of title due to forfeiture, confiscation, seizure, expropriation, or condemnation. Any payment obligation as provided herein
will not be deducted or exempted for circumstances stated above.

 

Section 8 Insurance 

8.1 The Lessee shall insure any leased
property against risks; the coverage and the insurer shall be designated by the Lessor and the premium shall be borne by the Lessee;
its insurance policy must designate the Lessor as the insured and the beneficiary and stipulate that the insurer may not pay any
claim to the lessee or any third party except that the Lessor's interest in leased property is satisfied and the insurer has been
notified in writing. The Lessor may at its own expense insure any leased property against risks, and the insurance policy must
designate the Lessor as the insured and the beneficiary and the premium shall be borne by the Lessee.

8.2 The Lessor shall deliver a copy of
the insurance agreement to the Lessee and the Lessee is obligated to honor obligations provided therein.

 

 

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8.3 In the case that any covered event
occurs, the Lessee shall notify the insurer and the Lessor, of such event within 24 hours, and prepare documents and go through
procedures required by the insurer.

8.4 In the case that any part of any leased
property is lost, stolen, destructed or damaged to the extent that the insurer is of opinion that such property is financially
unrecoverable, the insurance benefit paid by the insurer must be transferred to the Lessor to deduct the Lessee's obligation under
Section 3 hereof; in the case that such deduction is insufficient the Lessee shall satisfy the balance.

8.5 In the case that the Lessor, for purposes
of securitization or any other financing purpose, transfers to any third party the Agreement and any right or obligation thereunder
in part or in full, the Lessee agrees that the Lessor may notify the insurance company or go through relevant procedures which
change the beneficiary as such transferee under the insurance agreement which insures such leased property; and the Lessee further
agrees to assist the Lessor unconditionally or to do the same as related insurer requires.

 

Section 9 Lessor's Discharge from Liability

9.1 The Lessee agrees to assume any liability
of risk from using or utilizing any leased property.

9.2 The Lessee agrees to hold the Lessor
harmless against any damage, indemnification, expense or indebtedness arising out of design, manufacture, delivery, possession,
use, transfer or hand-over of any leased property.

9.3 The Lessor agrees that, to the extent
permitted by law, it will transfer to the Lessee its claim on warranty of the manufacturer or seller of any leased property.

9.4 The Lessor disclaims any representation
for, or any express or implied warranty of, merchantability or fitness or validity for a particular purpose and disclaim any liability
for any warranty in connection with any leased property.

9.5 Any leased property herein is chosen
by the Lessee of its own free will, and the Lessee promises to the Lessor with respect to its responsibility for maintenance, service
and valid use.

 

Section 10 Service Charge

Upon execution of the Agreement, the Lessee
shall pay the Lessor a service fee in cash or any other commercial note consented by the Lessor under the service procedures as
specified in the Leased Items; and the Parties agree that the Lessee may not claim a refund of such service fee for any reason.

 

Section 11 Breach 

In case of any of the following circumstances,
the Lessor may terminate the Agreement and request return of any leased property and the Lessee shall immediately satisfy all rent
including rent for undue period, damages and any other expense:

11.1 Failure to satisfy indebtedness in
accordance with the Agreement, dishonoring of bill, or deterioration of financial position.

11.2 Filing for compromise, insolvency,
restructuring, winding up, or liquidation in accordance with bankruptcy law.

11.3 Any enforcement, provisional seizure,
preliminary injunction, or any other preservation of any leased property or any asset of the Lessee.

11.4 Announcement of forfeiture of material
assets due to criminal liability.

11.5 Lessee's disposition or transfer of
its material assets without consent from the Lessor.

11.6 Damage or destruction of leased property
provided, resulting in impairment of value or its net value is insufficient to cover claims and failure to refill despite delivery
of notice of refilling within specified period.

11.7 There is material breach in dealing
with financial institutions.

11.8 Upon death, his/her successor declares
entailment or abandonment of succession.

11.9 The Lessee fails to comply with or
perform any provision hereof.

In case of one of the aforementioned circumstances,
the Lessee shall, starting on the date of breach and ending on the date of repayment, pay a penalty equaling 0.05% of the amount
for breach each day.

 

 

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Section 12 Miscellaneous 

12.1 In the case that the Lessee neglects
to perform any right hereunder, resulting in any damage to the Lessor, the Lessee shall be liable for damages to the extent within
damage to the Lessor's interest.

12.2 The Lessee and its joint guarantor
shall issue a copy of promissory note to the Lessor as security. In case of any breach by the Lessee, the Lessee and its joint
guarantor agree to authorize the Lessor or any other holder to complete information of maturity date in person or exercise any
other right to complete such information in accordance with other laws concerning promissory notes; and the Lessor is authorized
to use such promissory note for repayment of any indebtedness in accordance with the Agreement in case of breach by the Lessee.

12.3 In case of breach by the Lessee, the
Lessor may dispose any leased property for indemnification without notice. If the Lessee has any other claim on the Lessor, the
Lessee agrees that the Lessor may directly conduct disposition or set-off regardless of whether repayment of such claim is due.

12.4 Save as stipulated herein, in the
case that the Lessee is indebted to the Lessor several obligations, where the Lessee's payment fails to satisfy all of its indebtedness,
the sequence of repayment for such obligations shall be determined by the Lessor at its discretion.

12.5 Any agreement and any book, voucher,
or instrument separately entered into by the Lessee and the Lessor, constitutes an integral part of the Agreement and is equally
binding under law with the Agreement.

12.6 The Lessee and its joint guarantor
agree to allow the Lessor to collect, process and use their information in relation to the Agreement, including but not limited
to credit information obtained by query from the Joint Credit Information Center (JCIC) and receive such information on behalf
of them.

12.7 In the case that the Lessee and its
joint guarantor have authorized the Lessor to apply online for their credit report from JCIC, the Lessor is entitled to, in accordance
with its agreement with JCIC, deliver to JCIC information regarding agreements entered into between the Lessor and them, including
but not limited to essential information, credit information, financial information including the types of transactions between
the Lessor and them, overall payment amount required in the Agreement, guarantee deposit, residual payment amount that the Lessor
shall receive, leased property, amount of the per-month installment, claim and obligation status, and how distressed debt is handled.
In accordance with the purpose of incorporation, articles of association, and applicable laws, JCIC may give their information
to members who participate in and use credit information exchange or any government agency which supervises any business engaged
in finance lease or financial business or other people who are legally permitted to collect, process, and use the information.

12.8 The Lessee and its joint guarantor
fully understand and agree the following: because the Lessor accommodates them on the time for contract signing and identity verification,
they agree to officially seal this Agreement and related claim instrument prior to the Agreement; before the Lessor officially
seals the Agreement and claim instrument, the Lessor is not legally bound by this Agreement and reserves the right to approve the
Agreement.

12.9 The Lessee and its joint guarantor
shall strictly abide by the Lessor's operating-with-integrity principle and other regulations. The Lessee and its joint guarantor
shall, by no means, tempt, promise, scheduled-pay, deliver, or provide inappropriate benefits (such as commission, kickback, gift,
and bribes) to the Lessor's personnel (including but not limited to the person in charge, employee, or other people involved).
In the event of a breach of the aforementioned provisions, the Lessor may claim for indemnification and deduct the specific amount
from the payment or guarantee deposit that the Lessor shall make or return according to this Agreement. In the case that such deduction
is insufficient, the Lessee and its joint guarantor shall satisfy the balance. The Lessor may also unconditionally terminate or
revoke this Agreement. If the Lessee and its joint guarantor are aware of any Lessor's personnel requesting, promising, scheduled-paying,
accepting, or providing inappropriate benefits (such as commission, kickback, gift, and bribes), they shall immediately notify
the Lessor of the person's identity, request, promise, scheduled payment, way of accepting or providing benefits, cash amount,
or other form of benefits; meanwhile, they shall provide related evidence for the Lessor to investigate.

 

Section 13 Return of Leased Property

Upon early termination of the Agreement
due to the Lessee's breach of the contract, the Lessee shall bear any risk and expense and recover any leased property to their
original status, sent them to such place as designated by the Lessor and return to the Lessor.

 

 

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Section 14 Assignment and Hypothecation

14.1 The Lessee may not transfer to any
third party any right arising out of the Agreement or sublease, create encumbrance upon, or permit any third party to use or possess,
any leased property.

14.2 Within the validity of this Agreement,
the Lessee shall not transfer to any third party the ownership of the leased property and shall not create a right in rem over
it.

 

Section 15 Lessee's Obligations 

15.1 The Lessee hereby agrees that, its
obligation to pay rent and any other expense in accordance with the Agreement is, at all event, an absolute obligation without
any condition and the Lessee may not unilaterally terminate the Agreement; and the Lessee may not, for any reason, claim refund
in part or in full of any installment of rent and any other expense in accordance with the Agreement.

15.2 Where leased property is a transportation
vehicle, the Lessee shall employ qualified members with driver license and lawfully use it in accordance with applicable government
regulations; in case of occurrence of any accident, the Lessee shall be fully liable and make indemnification in full.

15.3 If the Lessor requires to review the
financial position of the Lessee or the joint guarantor, they shall send information, including but not limited to audited financial
statements, statement of income, schedule of liabilities, and schedule of assets as required by the Lessor, to the Lessor for review
upon their legal execution.

 

Section 16 Early Termination

When the Lessee performs the Agreement
normally and has no overdue rent, if the Lessee desires to make early termination of the Agreement and make repayment on a lump-sum
basis, the Lessee shall pay off all rent undue in the following ways:

		(1)	Within 18 months after the lease term begins, if the Lessee applies for early termination of the
contract, the Lessee shall pay the total amount of the undue loan of each installment plus the penalty calculated according to
1.5% of the total amount of all undue rent from the early termination date.

		(2)	Over 18 months after the lease term begins, if the Lessee applies for early termination of the
contract, the Lessee shall pay the total amount of the undue loan of each installment.

 

Section 17 Joint Guarantor

17.1 The Joint Guarantor warrants that
the Lessee shall perform all provisions hereunder; in case of breach by the Lessee, the Joint Guarantor shall be jointly liable
for satisfaction and will abandon any defense in accordance with Section 24 of the Civil Procedures, Indebtedness Section and is
willing to be bound by the following:

17.1.1 The Lessee's liability for warranty
covers any rent, note amount, advanced payment, service fee arising out of lease by the Lessee, and any liquidated damages, interest,
late interest, costs, damages, and any other obligation subordinate to principal debts.

17.1.2 During the period of validity of
the Agreement, where the Lessee desires to make alternation to provisions of the Agreement with consent from the Lessor as the
Lessee thinks practical, the guarantor shall still be jointly and severally liable for her, whether the Insurer is notified or
not.

17.1.3 Where the Lessor may abandon security
interest provided by the Lessee or allow the Lessee to extend payment or replace any leased property or the assumption of debt
by any third party without consent of or notice to the joint guarantor, the joint guarantor may not make defense or disclaim its
liability for warranty for such reason.

17.1.4 In case of absence of any element
in the lease agreement or note, or in completion of procedures or defective title on leased property, the joint guarantor shall
be still fully liable.

17.1.5 The joint guarantor's liability
may not be released until obtaining written consent from the Lessor.

17.2 If the Lessor is of opinion that credit
of the Lessee's joint guarantor is severally damaged or its capability to provide guaranty is insufficient, the Lessor may request
the Lessee to choose another joint guarantor accepted by the lessor for replacement and the Lessee may not decline such request.

 

 

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Section 18 Choice of Law and Competent
Court 

In the case that the Lessee or the joint
guarantor is foreigner or foreign entity, their obligations under the Agreement, creation, method and validity of their legal activities,
must be governed by the law of Republic of China. The Agreement shall be executed at the place where the lessor resides. In case
of any dispute arising out of the Agreement by the Lessee and the joint guarantor, they agree that Taiwan District Court shall
be the trial court as stipulated in the leased Items, provided that any law sets forth jurisdiction of such case, such law shall
prevail.

 

Section 19 Delivery 

The place of delivery designated in the
Agreement shall be taken as accurate. In the case that the Lessee or the joint guarantor changes its name, organization, articles
of association, seal, legal representative, authority of legal representative, notice address or any other matter, they shall immediately
notify the Lessor of such change in writing and apply for change or deregistration of original seal. The original seal kept by
the Lessor will remain effective until the Lessor agrees to do the same. If the Lessee and the joint guarantor fails to perform
their duty of notice of change of address as stated above, where the Lessor givens any notice at the address specified in the Agreement
or the latest address of notice given by the Lessee and the joint guarantor, three days of such giving shall be deemed as legal
delivery.

 

Section 20 Transfer of Ownership of
Leased Property

Upon expiration of the lease period of
the Agreement or early termination of the Agreement according to Section 16 and the Lessee pay off all rent and related taxes and
fees without any breach, the Lessor shall agree to transfer ownership of any leased property to the Lessee and the Lessee acquires
such ownership upon the date of payment of rent, taxes and fees.

 

Section 21 The Parties have executed
the Agreement in duplicate and each is provided with one copy. 

 

Finance Lease Agreement (L01)/2015.11

 

 

 

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Leased Items

 

	 	 	Name, Label and Specification, Manufacturer, Unit and Quantity
	 	 	 
	1. Leased Subject Matter	 	
	 	 	 
	2. Seller	 	Applied Optoelectronics, Inc., Taiwan Branch
	 	 	 
	3. Place of Use	 	No.18,Gong 4th Rd., Linkou Dist., New Taipei City 24452, Taiwan
        (R.O.C.)

	 	 	 
	4. Lease Period	 	As of March 31st, 105 Year
    of Republic of China to March 31st, 108 Year of Republic of China
	 	 	 
	5. Service Fee	 	Zero New Taiwan Dollar ($0)
	 	 	 
	6. Rent and Payment	 	 
	 	 	 
	7. Place to Pay Rent	 	Where the Lessor’s company resides
	 	 	 
	8. Foreign Exchange Converter	 	Rent
        denominated in foreign currency X Exchange rate issued by banks on the 7thday before rent payment date =NTD

Exchange rate issued by banks on the 7thday before rent payment
date: shall mean spot selling rate of foreign exchange on the 7thday starting on the 1st day before the
rent payment date; where the 7th day is public holiday, memorial day, or rest day, the 7th day shall be
the banking day before public holiday, memorial day, or rest day.

	 	 	 
	9. Competent Court	 	Shihlin District Court in Taiwan
	 	 	 

 

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Contracting Parties

 

Party A: Chailease Finance Co., Ltd.

Legal Representative: Project Branch Manager,
Chen, Chi-Chung

 

Party B: Applied Optoelectronics, Inc.,
Taiwan Branch

Legal Representative: Yeh, Shu-Hua (Joshua)

 

	Joint Guarantor:	 Co-Guarantor Joint Guarantor: 
	 	 
	Address:	 Address: 
	 	 
	Tel:	 Tel: 
	 	 
	Joint Guarantor:	 Co-Guarantor Joint Guarantor: 
	 	 
	Address:	 Address: 
	 	 
	Tel: 	Tel: 
	 	 
	Joint Guarantor: 	Co-Guarantor Joint Guarantor: 
	 	 
	Address:	 Address: 
	 	 
	Tel:  	Tel: 

 

 

March 31st, 105 Year of Republic
of China

 

Finance Lease Agreement (L01)/2015.11

 

 

 

 

 

 

 

 

 

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	Promissory Note
	
         

        Note payable to bearer on DD/MM/YYYY of
        Republic of China

         

        Chailease
        Finance Co., Ltd. or its nominee

         

        TWO HUNDRED SIXTY FIVE MILLION FOUR HUNDRED
        FIVE THOUSAND New Taiwan Dollar ($265,405,000)

         

        This note is exempted from preparation
        of dishonoring certificate and obligation of notice as provided in Section 89 of the Negotiable Instruments Act

        The annual interest rate is calculated
        at 20% starting on maturity date

        The drawer of the note irrevocably authorize
        the bearer, its agent, employee or its nominee to complete the maturity date and any other required information

        Place of payment: 8F~12F., No.362,
Ruiguang Rd., Neihu Dist., Taipei City 114, Taiwan (R.O.C.) 

		 
	 	 
	 	 
	Drawer: Applied Optoelectronics, Inc., Taiwan Branch	Drawer:
	Address:	Address:
	 	 
		 
	Drawer:	Drawer:
	Address:	Address:
	 	 
	 	 
	Drawer:	Drawer:
	Address:	Address:
	 	 
	 	 
	Drawer:	Drawer:
	Address:	Address:
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 
	 	 

 

 

 

 

 

 

 

 

 

 

 

2014/01

 

 

 

 

 

 

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