Document:

Prepared under supervision of the headquarters
of Hua xia Bank

 

Maximum
Amount Guarantee Contract

 

HANGZHOU BRANCH of HUA XIA BANK CO.,
LTD.

 

    	- 1 -

    	 

    

  

Maximum
Amount Guarantee Contract

 

No.:HZ07GB20110054

 

Party A (Guarantor): Zhejiang Chisen Glass
Company Limited

 

Address: Meishan Economic Development Zone
of Changxing County, Zhejiang Province

 

Zip Code: 313100

 

Legal Representative: Xu Keping

 

Tel: 0572-6709758

 

Fax: 0572-6709758

 

Bank of Basic Account: Meishan Sub-branch
of China Construction Bank

 

Account Number: 33001647240056008088

 

Party B (Creditor): Zhijiang Branch of
Hangzhou city of Hua Xia Bank Co., Ltd.

 

Address: No.218, Qingchun Road, Hangzhou

 

Zip Code: 310006

 

Legal Representative/Person in Charge:
Zhu Xiumin

 

Tel: 0571-87709288

 

Fax: 0571-87709279

 

In accordance with Security Law of the
People’s Republic of China and other relevant laws and regulations, Party B will, within the provided period hereby,
consecutively establish several credits under the Main Contract with the debtor, Zhejiang Chisen Electric Co., Ltd. (hereinafter
referred to as “Main Contract Debtor”), and Party A will provide guarantee to Party B as a security for the above credits
(hereinafter referred to as “Main Credit”) within the maximum amount of the credits. In this case, Party A and Party
B, on the basis of negotiation, hereby conclude this Contract.

 

Article 1.          Category
of the Secured Main Credit, Maximum Credit Amount and Occurrence Period of the Credits

 

1.1.          Form
of the Main Contract under this Contract. Please select the applicable one from the following options:

 

þ Party
B and Main Contract Debtor execute the Maximum Amount Financing Contract No. HZ07 (Financing) 20110011.
Such contract and specific business contract under it will be referred to as Main Contract in this Contract;

 

x Party
B and Main Contract Debtor, within the occurrence period of main credits as provided in the Article 1.4 of this Contract,
consecutively execute several_________, which are all Main Contracts mentioned in this Contract. 

 

1.2.          Category
of the business in connection with main credits secured by Party A is the same as provided in the Main Contract.

 

1.3.          The
maximum credit amount secured under this Contract is: sixty million only (capitalized amount) in RMB (currency) (if
the credit is in different currency, the amount shall be decided using exchange rate published by Party B on the date the credit
occurs).

 

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The maximum credit
amount means the balance of principal of the maximum main credit, in details as follows:

 

1.3.1.         The
entire principal amount under usage and not paid off by Main Contract Debtor at any time (if the business under the Main Contract
is Letter of Credit (L/C), Bank Acceptance Bill or Letter of Guarantee (LOG) and Shipping Guarantee,
the amount shall be the outstanding but not settled business balance) which does not exceed the above limit. However, within the
above limit, Main Contract Debtor may apply for circularly using the principal amount which has been paid off;

 

1.3.2.         The
maximum credit amount is the maximum limit of the main credit’ s principal, and Party A agrees to undertake the liability
arising out of the guarantee for the interest, penalty interest, expenses and other due payables within the scope provided in the
Article 2 of this Contract, on condition that the principal does not exceed the above limit.

 

1.4.       Occurrence
period of main credits under security of this Contract is from November 14, 2011 to November 14, 2012. Detailed meaning
of this Article is as follows:

 

1.4.1.         In
case that the provided business category in the Main Contract is borrowing, the date on which each borrowing is actually provided
shall not later than expiration date of such period;

 

1.4.2.         In
case that the provided business category in the Main Contract is bill acceptance/L/C /LOG (or shipping guarantee), the date on
which Party B accepts the draft/opens the L/C/opens the LOG (or shipping guarantee) is not later than the expiration date of such
period;

 

1.4.3.         The
due date of each credit shall be determined as per specific provisions of those business contracts, and not subject to whether
such period expires or not.

 

Article 2.          Scope
of Guarantee

 

2.1.       The
scope of guarantee provided by Party A covers the main credit’s principal, interest, overdue interest, penalty interest,
compound interest, liquidated damages, compensations, expenses incurred to Party B for realizing the credit (including but not
limited to litigation fee, arbitration fee, property preservation fee, announcement fee, evaluation fee, appraisal fee, auction
fee, business trip cost, communication cost, and lawyers’ fee, etc.) and other payables due to Main Contract Debtor.

 

2.2.       All
the expenses covered in the above scope, except for the principal, will be attributed to Party A’s guarantee liability, other
than the maximum credit amount secured under this Contract.

 

Article 3.          Determination
of the Secured Credit and the Guarantee Method

 

3.1.       The
credit secured under this Contract may be determined upon any one of the following circumstances:

 

3.1.1.         The
occurrence period as provided in the Article 1.4 of this Contract expires;

 

3.1.2.         The
creditor under the Main Contract announces, in accordance with laws and regulations, or provisions in the Main Contract, that all
the credits under the Main Contract become mature ahead of schedule;

 

3.1.3.         Other
circumstances stipulated by laws and regulations under which the secured credit can be determined.

 

3.2.       Determination
of credit secured under this Contract will bring out the following effects:

 

3.2.1.         Upon
determination of credit secured under this Contract, all the credits under the Main Contract which have not been paid off, whether
such credits are due or not, or subject to additional precondition or not, shall be attributed to the scope of secured credit;

 

3.2.2.         Upon
determination of credit secured under this Contract, all the amount other than the principal, provided in the Article 2 of this
Contract, whether it occurs or not, shall be attributed to the scope of secured credit;

 

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3.3.       Party
A’s guarantee shall be joint and several. From the date on which the secured credits are determined until all the secured
credits are paid off, Party B is entitled to directly claim to Party A, and Party A shall immediately liquidate the due debt in
case Main Contract Debtor fails to pay off the debt as provided.

 

3.4.       If
besides the security under this Contract, there is any other kind of security under the Main Contract (including but not limited
to the property security provided by Main Contract Debtor to Party B), Party B is entitled to the priority to exercise the right
hereunder by claiming the joint and several liability of Party A; the guarantee liability undertaken by Party A to Party B will
neither be affected by any other security, nor be subject to Party B claiming to any other guarantors or filing the case to litigation/arbitration/statutory
enforcement. In the event that Party B, due to any reason, abandons or changes the property security provided by Main Contract
Debtor or changes the sequence of such several securities which results in release or reduction of priority of compensation under
the above property security, Party A agrees that its guarantee liability under this Contract will not be released or reduced along
with that.

 

3.5.       If
Party A provides security for only part of the credit under the Main Contract, liquidation of part of the main credit will not
reduce or release Party A’s security liability accordingly, and Party A shall still guaranty balance of the debt under the
Main Contract within the secured amount limit which it is committed to under this Contract.

 

Article 4.          Duration
of Guarantee

 

4.1.       Duration
of guarantee by Party A is two years, with the commencement date determined as follows:

 

4.1.1.         If
the date on which any debt’s liquidation period expires is earlier than or the same as that when the secured credit is determined,
the commencement date of duration of guarantee by Party A for such debt shall be the date on which the secured credit is determined.

 

4.1.2.         If
the date on which any debt’s liquidation period expires is later than that when the secured credit is determined, the commencement
date of duration of guarantee by Party A for such debt shall be the date on which such debt’s liquidation period expires.

 

4.2.       “The
date on which the debt’s liquidation period expires” in the above paragraph means the maturity date for each debt in
case Main Contract debt pays off the debt on account, and the maturity date ahead of schedule announced by the creditor as provided
in the Main Contract.

 

4.3.       As
for L/C, bank acceptance bill, LOG and shipping guarantee under the Main contract, the date on which Party B pays the amount thereunder
shall be considered as the debt’s maturity date.

 

Article 5.          Party
A’s Rights and Obligations

 

5.1.       Party
A warrants that it was legally incorporated and is duly existing, and has the legal qualification and liquidation capacity to act
as guarantor as required by laws, and is willing to provide and undertake guarantee liability with assets it owns or it has right
to dispose.

 

5.2.       Party
A warrants that it has been approved by its superior competent authorities, or its power organs such as board of directors, board
of shareholders, general meeting of shareholders and obtained necessary authorization to execute this Contract, as required by
laws and its Articles of Association.

 

5.3.       Party
A warrants that executing and performing this Contract will violate neither provisions or agreements which Party A and its assets
are subject to, nor security agreements or other agreements signed by Party A with others, nor any other documents, arrangements
and commitments which Party A is subject to.

 

5.4.       All
the documents and materials provided by Party A to Party B are of authenticity, accuracy, legality and validity.

 

5.5.       Party
A understands and agrees all provisions in the Main Contract, on the basis of which it is willing to provide guarantee to Main
Contract Debtor and liquidate the debt instead of Main Contract Debtor as provided herein.

 

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5.6.       In
case the Main Contract mentioned in this Contract is Bank Acceptance Agreement, Party A warrants that any bill or non-bill
dispute arising between Main Contract Debtor and holder, endorser of acceptance draft or other involved parties will not affect
guarantee liabilities of Party A to Party B under this Contract.

 

5.7.       Party
A warrants that within the term of this Contract, it will not provide any other security which is beyond its security capacity
to any third party.

 

5.8.       Party
A warrants that within the term of this Contract, it will offer financial statements such as balance sheet, income statement and
cash flow statement, upon request of Party B, and accept Party B’s inspection and supervision to its production and operation
activities and financial position.

 

5.9.       During
the term of this Contract, Party A shall, thirty days before occurrence of events including but not limited to contracting, lease,
trusteeship, asset reorganization, debt reorganization, shareholding reform, affiliating with others, consolidation (or merger),
separation, assignment of ownership with consideration, join venture (or cooperation), decreasing registered capital, or applying
for suspending operation, dissolution (or cancellation), restructure, or reconciliation, bankruptcy, or any change on its own system
or legal status, notice Party B in written and implement all the guarantee liabilities under this Contract.

 

5.10.     During
the term of this Contract, Party A shall, within three days after occurrence of events including being announced as subject to
suspending operation, closing business, dissolution (or cancellation), reorganization, or bankruptcy or be other changes on its
own system and legal status, or other circumstances which are sufficient to threaten its own normal operation, or have itself lose
security capacity, notice Party B in written.

 

5.11.     In
case of any change on its address, name and legal representative, Party A shall notice Party B within seven days in written upon
such changes.

 

5.12.     If
purpose of the borrowing under the Main Contract is to liquidate the previous borrowings, Party A shall still oblige itself to
undertake the guarantee liability.

 

Article 6.          Party
B’s Rights and Obligations

 

6.1.       Party
B may at any time require Party A to provide financial reports, statements and other materials which may reflect Party A’s
operation and credit status.

 

6.2.       If
Party A fails to perform obligations herein, Party B may directly deduct amount from Party A’s account in any business organs
of Hua Xia Bank, which is equal to due amount Party A shall pay. In case the amount Party B will deduct is in different currency
from that of Party A’s bank account, the amount to be deducted shall be calculated at the exchange rate published by Party
B on the date when the amount is deducted.

 

6.3.       Party
B may execute specific business contract (or agreement) with Main Contract Debt without additional notice to Party A.

 

Article 7.          Liability
of Default

 

7.1.       After
this Contract comes into force, both Party A and Party B shall perform obligations herein, any party’s failure to perform
all or part of which will result in according liability of default, and the violating party shall indemnify the other party all
the loss arising thereout.

 

Article 8.          Effectiveness
of Contract

 

8.1.       This
Contract shall come into effect upon execution of both parties.

 

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8.2.       Effectiveness
of this Contract is separate from that of the Main Contract and will not become invalid upon the Main Contract’s invalidity.
If the Main Contract is decided to be invalid, Party A shall undertake joint and several guarantee liability to the debt which
arises due to Main Contract Debt’s liability to return assets or compensate the loss.

 

Article 9.          Amendment
and Termination of Contract

 

9.1.       Upon
effectiveness of this Contract, any party herein shall not amend or terminate this Contract without the other party’s consent.

 

9.2.       If
the main debt under this Contract is payment under L/C, Party A confirms that, when the applicant of opening L/C and Party B agrees
on amendment of L/C, and if amount under the amended L/C (excluding interest, liquidated damages, compensation and other relevant
expense) does not exceed maximum credit amount secured under this Contract, the above amendment can be deemed as agreed by Party
A in advance no matter how the amount of L/C and other clauses are changed, and this guarantee contract will be continuously valid
and Party A will continue to undertake joint and several guarantee liability accordingly.

 

Article 10.         Resolution
of Dispute

 

10.1.         Any
dispute arising out of performance of this Contract shall be resolved by negotiation and if failing to resolve by negotiation,
both parties may select one of the following methods:

 

S To file the case to people’s court where Party B is domiciled;

 

þ To file the case
to people’s court where this Contract is executed;

 

S To
submit the dispute to______________arbitration commission for arbitration.

 

10.2.         If
the above selected dispute resolution method is different from what is provided in the Main Contract, that provided in the Main
Contract shall prevail.

 

Article 11.         Supplementary
Articles

 

11.1.         During
the term of this Contract, in case Party A’s name, legal representative and address change without sending written notice
to Party B, all the instruments sending from Party B to Party A, required in this Contract are deemed to be delivered upon they
are sent as indicated in this Contract.

 

11.2.         Other
provisions agreed by both parties

 

 

 

 

 

 

 

11.3.         When
making options in certain provisions of this Contract, please mark “ü”
in the “o”
which indicates that this option is applicable, and marking “X” in the “o”
which indicates that this option is not applicable.

 

11.4.         One
counterpart of this Contract shall be hold by Party A, two counterparts of this Contract shall be hold by Party B and Party
 shall hold      , all the counterparts have the same legal effect.

 

11.5.         Appendixes
attached hereto are integral part of and with the same legal effect with this Contract.

 

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11.6.         Party
B has taken reasonable measures to invite Party A’s attention to provisions hereunder which release or restrict Party B’s
liability and make clarification to certain provisions upon request of Party A; Party A and Party B have no conflict on understanding
to all provisions herein.

 

	
        Party A:

         

 

        Legal Representative:

        (Or Authorized Agent)

         

/s/ Authorized Person          

 

        Date: November 14, 2011
	

 

	
        Party A:

         

 

 

 

        Legal Representative/ Person in Charge:

        (Or Authorized agent)

         

/s/ Authorized Person          

 

        Date: November 14, 2011
	

 

Location of Execution: No. 73, Qingchun
Road, Hangzhou

 

    	- 7 -Contract No.: [3350012011AM00031901]

 

Contract of Guarantee

 

Guarantor
(Party A): [Zhejiang Changxing Chisen Xinguangyuan Co., Ltd. ]

 

Legal Representative (Person in-charge): Xu
Keyong

 

Type of the Identity Credential:               
    Number of the Credential:               

 

Domicile:                

 

Correspondence Address:               
   Zip Code:               

 

Telephone:               

 

Lender (Party B): Bank of Communication (Huzhou)
Branch

 

Person in-charge:     Le
Xiaohua

 

Correspondence Address:   
No. 299 Renmin Road

 

Whereas Party B, has or will consecutively
handle the credit business with Zhejiang Chisen Electric Co., Ltd. (hereinafter “Borrower”), In order to protect
the realization of Lender’s right of Lender, Party A is willing to provide maximum amount guarantee for the debts of Borrower.
Party A and Party B hereby agree as follows through negotiations for mutual compliance.

 

Article 1 Lender’s Rights

 

1.1 Guarantor provides maximum amount guarantee
to master contracts signed between Lender and Borrower for the period from November 29, 2011 to November 29, 2012. Master contract
refer to the agreement of loan and notes signed between Lender and Borrower. The Currency, Principal, Interest and Terms of Lender’s
right are subject to Master Contracts.

 

1.2 The maximum amount guaranteed by Guarantor
is RMB 69,000,000.

 

1.3 Under this contract, the guaranteed master
lender’s right is determined at the occurrence date (the Determination Date of Master Lender’s Right) of latest lender’s
right.

 

Lender’s right before the Determination
Date of Master Lender’s Right and The interest (including compound interest, overdue interest, and penalty interest) occurred
until the Guarantor fulfill the contract and the expenses of realization of lender’s right and other related expenses bound
under clause 2.2 of this contract are also under the scope of this guarantee contract.

 

The occurrence of master lender’s right
represents Lender grant loan, bank note, letter of credit, bank guarantee and standby letter of credit.

 

Article 2 Scope of Guarantee 

 

2.1 The guarantee provided by Party A hereunder
shall be a guarantee with the joint and several liabilities.

 

    	 

    	 

    

 

2.2 The scope of guarantee herein is [all
the debts under the Master Contract, including, but not limited to, all the principal, the interest (including the compound interest
and penalty interest), liquidated damage, damages, other amount that Borrower shall pay to Party B (including, but not limited
to, the related handling charge, communication fee, miscellaneous fees, etc.), the fees incurred to Party B arising from the fulfillment
of the Lender’s right and guarantee right (including, but not limited to, litigation fees, arbitration fees, fees for preservation
of properties, travelling expenses, enforcement fees, appraisal fees, auction fees, public notarization fees, service fees, public
announcement fees and attorney’s fees).

 

2.3 The period of guarantee shall be calculated
separately for each lender’s rights of the Lender against the Borrower. The period of guarantee for each lender’s right
shall be from the date of expiration of each lender’s rights till two years after the date of expiration of the lender’s
right.

 

The Guarantor shall bear guarantee liability
respectively for repayment lender’s rights in installments under each contract during period of occurrence of the lender’s
rights. The period of guarantee for each lender’s right shall be from the date of expiration of each debt till two years
after the date of expiration of the last installment.

 

In case the occurrence of events under
laws or master contract results in the acceleration of maturity of Lender’s rights under master contract by the Lender, the
period of guarantee is the date when the Lender confirms the acceleration of maturity of Lender’s rights under master contract.

 

2.4 The validity of this Contract is independent
from the Master Contract. Failure of the Master Contract to be established or effective or invalidity, partial invalidity or revocation
or rescission thereof shall not affect the effectiveness of this Contract. If the Master Contract is determined as not established
or effective, invalid or partially invalid, or revoked or rescinded, Party A shall be jointly and severally liable for the debts
arising from Borrower returning the property or compensating the losses.

 

Article 3 Statements and Guarantees

 

3.1 The Guarantor is an independent legal
entity, has all necessary legal capacities and is able to fulfill lender’s rights and undertake liabilities under this Contract
on its own.3.2 The Guarantor is entitled to execute this Contract and completes all authorization and approvals necessary for executing
this Contract and fulfilling its lender’s rights under this Contract.

 

3.3 All documents, information, data, provided
by guarantor during the execution and fulfillment of this contract is true, accurate, complete and effective.

 

3.4 At the time of signature of this contract,
the Borrower is not the shareholder or control person under company law.

 

Article 4 Responsibility of Guarantor

 

4.1 If the debts under the Master Contract
matures or Party B announces the debts to be mature in advance pursuant to the provisions of the Master Contract or the law, where
Borrower fails to fully repay the debts on time or Borrower violates other provisions of the Master Contract, Party A shall immediately
undertake the guarantee liability within the Scope of Guarantee.

 

In the event that the master contract is
guaranteed by the pledged assets of Borrower or third party, the Lender has right to determine the sequence of exercise of right,
Lender has right to require Guarantor to settle all unpaid debt at the due date before exercise the pledged assets. In the event
that Lender waive the right of pledged assets or the sequence of right or amend the right of pledged assets, the guarantee liability
of Party A hereunder shall not be mitigated or exempted,

 

4.2 Guarantor should cooperate with Lender
on the inspection and supervision of guarantor’s income and credit conditions (Guarantor is nature person) or operation and
financial conditions (Guarantor is non-nature person). Guarantor should provide all financial statement, data and information immediately
after obtain the requisition from Lender and guarantee that all documents, information, and data provided are accurate, true and
complete.

 

4.3 Any of following items occurred, Guarantor
should provide Lender with written notice at least 30 days before action, and before all lenders right under the master contract
are settled, unless obtain the written consent from Lender, no action should be taken on the following items:

 

1. Sell, gift, lease, lend,
transfer, pledge, mortgage, or any other methods to disposal the assets

 

    	 

    	 

    

 

2. change
its capital structure or management system, including, but not limited to, contract, lease, shareholding reform, joint-operation,
merger, division, joint venture, reduction of capital, transfer of assets, etc.

 

4.4 In the event of following items occurred
or to be occurred, Guarantor should provide written notice to Lender within 7 days from the date of occurrence.

 

		1.	Amendment of memorandum and article, change the name of entity, the legal representative, address,
communication, or scope of operation of business registration, making decision that will have material effect on financial and
personnel;

 

		2.	Preparing to file bankruptcy or has been filed claimed for bankruptcy

 

		3.	Involved in significant litigation, arbitration or administrative measures,
or principal assets were taken property preservation or other coercive measures

 

		4.	Provide guarantee to third party which caused adverse effect on Guarantor’s economic condition,
financial condition of fulfillment the obligation of this contract

 

		5.	Execute any contract which has material effect on operation and financial conditions.

 

		6.	production suspension, shut-down, dissolution,, revoke of business certificate

 

		7.	Involve in offence and non-comply with listing rule of Guarantor or its legal representative or
core management.

 

		8.	Significant difficulty on operation, adverse financial conditions, or other issues occurred that
will have adverse effect on Guarantor’s operation, financial condition and repayment capacity.

 

		9.	Significant changes on Guarantor’s employment and income or change of residence address.
(Guarantor is Nature Person)

 

4.5. Before Borrower settled all debts
under the master contract, Party A agrees not to claim for the right to seek compensation against other Borrower or guarantor

 

4.6 Before Borrower settled all debts under
the master contract, Borrower become the shareholder or substantial controller of Guarantor, Guarantor should inform Lender immediately
and provide the board resolution regarding to provide guarantee.

 

Clause 5. Agreement on deduction

 

		5.1	Where the Guarantor fails to pay any debts due or shall supplement the guarantee money fully, the
Lender may directly deduct from any accounts of the Guarantor in Communication Bank of China.

 

		5.2	After deduction, Lender should notice Guarantor the account number, contract number, deduction
amount and outstanding balance of debt.

 

		5.3	When deduction is not sufficient to settle all debts, due expenses payable should be paid first.
Then according to the following order of deduction:

 

    	 

    	 

    

 

1. under loan (apart from personal
loan) or trading finance services(export insurance), principal and interest overdue less than 90 days, the remaining balance of
deduction will be used to repay the due payable interest or penalty interest, compound interest, then the due payable principal;
principal and interest are overdue more than 90 days, the remaining balance of deduction will be used to repay overdue principal,
then repay the overdue interest or penalty interest, compound interest.

 

2. under the issuance of bank
note, letter of credit, bank guarantee, export insurance services, remaining balance after deduction will be used to repay the
due payable principal, then repay the due payable interest penalty interest, compound interest.

 

3. Under Personal loan service,
order of repayment should comply with agreement.

 

		5.4	When currency of deduction is not consistent with the currency of debt, the deduction should be
converted under the exchange rate provided by Communication Bank of China.

 

		5.5	Where the currency of money deducted is not the currency of repayment, the Lender is entitled to
settle/purchase exchange according to the exchange rate determined by itself. The risks in connection with exchange rate shall
be undertaken by the Guarantor.

 

Clause 6 Settlement of dispute

 

The terms of business under this contract
was handled by Bank of Communication (Huzhou) Branch. The contract is carried out at the Bank of Communication (Huzhou) Branch
location. Any dispute of the contract is regulated by the people’s court which placed at the Bank of Communication (Huzhou)
Branch location.

 

Either of the Parties may bring a lawsuit
before the People’s court at Lender’s location. During the period of dispute, both parties shall continue to perform
terms not in dispute.

 

Clause 7, Others

 

7.1 Lender is not obligate to
issue debt to Borrower pursuant to this agreement

 

7.2 With respect to the defaults
of Party A, Party B shall be entitled to notify the related department or entity and to make public announcements for collection
through the news media.

 

7.3 the contract is effective
after all following conditions are satisfied:

 

1. Legal representative or authorized
agent of Garantor signed and sealed the contract; if Guarantor is natural person, contract signed by Guarantor;

 

2. Person in charge or authorized
agent of Lender Signed and Sealed the Contract.

 

7.4 There are                 
   original copies, guarantor, lender and borrower got one each.

 

Article 8: Miscellaneous

 

Remained Blank

  

	Guarantor has already read all the clauses of this Contract. Upon Guarantee’s request, Lender has already explained the clauses of this Contract. Guarantee has no disagreement on all the clauses of this Contract.	 

 

    	 

    	 

    
 

	Guarantor (Company’s seal/Signature):	 	Lender (Company’s seal/Signature):
	 	 	 
	Zhejiang Changxing Chisen Xinguangyuan Co., Ltd. 	 	/s/ Bank of Communication
	 	 	 
	 	 	 (Huzhou) Branch
	 	 	 
	Legal Representative (Person in Charge) or 

Authorized Agent (Signature or Stamped):	 	Person in Charge or Authorized Agent 

(Signature or Stamped):
	 	 	 
	/s/ Xu Ke Yong	 	/s/ Wang Chunxiao
	 	 	 
	Date of signatory:  November 29, 2011	 	Date of signatory:  November 29, 2011

 

Owner Statement

 

I (Name:              
Personal identity number              ) am the
spouse of Guarantor. I have read and confirm all article within this agreement, understand and agree Guarantor provide guarantee
to Borrower. Guaranteed debt is the common responsibility of married couples, will settled the debt by common property.

 

Signed by

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