Document:

Exhibit 4.6

 

Mortgage Contract

 

(“This Contract”)

 

Contract No.: Jian Hei Qing Liu Dai Di (2010) No. 35

 

Mortgager (Party A): Daqing Borun Biotechnology Co., Ltd.

Address: Jubao Village, Zushan Country, Datong District, Daqing City

Zip Code: 163515

Legal Representative (The Principal): Wang Jinmiao

Fax: 0459-6989708

Tel: 0459-6989708

 

Mortgagee (Party B): Daqing Branch of China Construction Bank Stock Limited Company

Address: Jianhang Street 10, Dongfeng Xincun, Daqing City

Zip Code: 163311

The Principal: Zhu Botao

Fax: 0459-6615567

Tel: 0459-6296699

 

 

To secure the performance of the RMB Working Capital Loan Agreement (No. Jian Hei Qing Liu Dai [2010] No. 35, hereinafter “Principal Contract”) signed between Daqing Borun Biotechnology Co., Ltd. (“the Debtor”) and Party B and to secure the realization of Party B’s creditor’s rights, Party A is willing to provide mortgage to secure the debt under the Principal Contract, which exists between the Debtor and Party B.  According to relevant laws and regulations, and upon mutual negotiations, Party A and Party B herein conclude this Contract for each to abide by.

 

1.     Mortgaged Asset

 

1.1  Party A mortgages the asset (as provided in the Mortgaged Asset List attached hereto) to Party B.

 

1.2       Where the ownership certificate or other title certificates of the mortgaged asset is/are renewed, and where the contents recorded in the said renewed certificates or the contents recorded in the registers of the competent registration authorities is/are in consistence with that of other title certificates or the mortgage right proof received by Party B, Party A shall not refuse to assume its guarantee liabilities due to such changes.

 

1.3       Unless otherwise agreed by the Parties or provided by the law, the newly increased property to the mortgaged asset due to the adhesion, mix, processing, renovation, etc., shall be mortgaged to Party B as well to secure the creditor’s rights of Party B, and accordingly Party A shall handle necessary mortgage formalities according to Party B’s requirement.

 

1.4       Where the value of the mortgaged asset decreased or may decrease, which will affect the realization of Party B’s creditor’s rights, then Party A shall provide new guarantee according to Party B’s requirement.

 

2.     Scope of Guaranty

 

The scope of guaranty under this Contract shall be [Option 2.1].

 

2.1         The mortgage shall secure all the debts under the Principal Contract, including but not limited to the loan principal, interest (including default interest and compound interest), liquidated damages, compensation, other expenses that shall be repaid to Party B by the Debtor (including but not limited to the procedure fee, telecommunication charges, incidentals, relevant banking charges that the overseas beneficiary reluctant to assume, etc.), and the expenses attributable to the exercise of guarantee rights and the creditor’s rights (including but not limited to litigation fee, arbitration fee, charges for preservation of property, travel expenses, enforcement fee, evaluation fees, charges for auction of property, notarization fees, expenses for service, announcement fee, attorney fee, etc.).

 

 

2.2       The mortgage shall secure the loan principal (equal to N.A [currency] N.A [amount in words]) and the interest (including default interest and compound interest) under the Principal Contract, as well as the liquidated damages, compensation, other expenses that shall be repaid to Party B by the Debtor (including but not limited to the procedure fee, telecommunication charges, incidentals, relevant banking charges that the overseas beneficiary is reluctant to assume, etc.), and the expenses attributable to the exercise of guarantee rights and the creditor’s rights (including but not limited to litigation fee, arbitration fee, charges for preservation of property, travel expenses, enforcement fee, evaluation fees, charges for auction of property, notarization fees, expenses for service, announcement fee, attorney fee, etc.).

 

3.     Registration of the Mortgaged Asset

 

The Parties shall handle the mortgage registration formalities with the competent registration department within five working days after signing this Contract.  Party A shall transfer the original copies of other title certificate, mortgage registration documents and other certificates to Party B for its keeping on the completion date of the mortgage registration.

 

4.     Modification of the Principal Contract

 

4.1         Where Party B and the Debtor reach an agreement to modify the provisions of the Principal Contract (including modifying the provisions of the repayment currency, repayment mode, account number for the loan, account number for the repayment, disbursement plan, repayment plan, value date, interest settlement date, the commencement date or deadline for the obligation performance without the extension, etc.) then Party A agrees to assume the guarantee liabilities for the debts under the modified Principal Contract.

 

However, where Party B and the Debtor reach an agreement to extend the term of the obligation performance or to increase the loan principal without Party A’s prior consent, then Party A only assumes the guarantee liabilities for the debts under the Principal Contract before such modification.

 

4.2         The guarantee liability of Party A shall not be relieved or reduced in case of any one of the following circumstances:

 

4.2.1               The restructuring, consolidation, merger, division, increase & decrease of the registered capital, joint venture, consortium and change of name of Party B or the Debtor;

 

4.2.2               Party B entrusts its obligations under the Principal Contract to the third party.

 

4.3       Where the creditor’s right under the Principal Contract is transferred to a third party, Party A shall assist Party B and the third party to handle relevant mortgage

 

 

modification formalities as required by the law.

 

4.4         Party A shall still bear security liabilities for benefit of Party B even if the transfer of debt or creditor’s right does not take effective, or is invalid, revoked or terminated.

 

5.     Possession and Keeping of the Mortgaged Asset

 

5.1         Party A shall well possess, keep, maintain and repair the mortgaged asset, shall properly use the mortgaged asset, shall keep the mortgaged asset intact and shall timely pay all taxes and fees related to the mortgaged asset.  Party B is entitled to examine the mortgaged asset and may require Party A to transfer the original copies of the ownership certificates of the mortgaged asset to Party B to keep.

 

5.2         Where Party A entrusts or agrees a third party to possess, keep and use the mortgaged asset, Party A shall notify the third party of Party B’s mortgage right thereon.  In the mean time, Party A shall require the third party to keep the mortgaged asset intact and to accept Party B’s examination on the mortgaged asset, and shall require the third party not to impede Party B from realizing its creditor’s right.  Under the said situation, Party A is not released from the obligations provided in the forgoing provision and shall bear liabilities for the third party’s action as well.

 

5.3         Where the mortgaged asset causes any personal injuries or any property damage, Party A shall be fully responsible for such injuries and damage.  Where Party B is held liable for such injuries and damage or Party B pays compensations for Party A under the said situation, then Party B is entitled to recover such losses against Party A.

 

6.              Insurance for the Mortgaged Asset

 

6.1         Unless otherwise agreed by the Parties, Party A shall purchase insurance for the mortgaged asset according to relevant laws and according to the insurance coverage, insurance period and insured amount designated by Party B.  The insurer shall have legitimate qualification and good reputation.

 

6.2         The content of the insurance policy shall meet Party B’s requirement and shall not bear any restriction provisions which may impair Party B’s rights and interests.  The insurance policy shall have a special remark that “Party B shall have a priority to obtain (or shall be the first beneficiary to) the insurance proceeds; any modification to the insurance policy can be made only after obtaining Party B’s written consent; and once the insured accident occurs, the insurer shall transfer the insurance proceeds directly to the bank account designated by Party B”. Where the insurance policy for the mortgaged asset does not bear the said remark, such insurance policy shall be modified or remarked accordingly in consistence with the said wording.

 

 

6.3         Party A shall keep the insurance constantly effective, shall not suspend, cancel or invalidate the insurance or shall not cause the insurer’s liability reduced or exempted out of any reason, or shall not modify the insurance policy without Party B’s consent.  Where the insurance period expires and the creditor’s rights secured by Party A are not fully realized, Party A shall renew the insurance and extend the insurance period accordingly.

 

6.4         Party A shall deliver the original copy of the insurance policy for the mortgaged asset to Party B and shall have Party B keep necessary documents required for insurance claim or for insurance interest transfer within three working days after signing this Contract (or after the completion date of the renewal of the insurance policy for the mortgaged asset).

 

6.5         In terms of the insurance proceeds obtained from the mortgaged asset, Party B is entitled to make use of it according to the following methods, and Party A shall assist Party B to handle relevant formalities:

 

(1)   Upon Party B’s consent, it can be used to repair the mortgaged asset, to recover the value of the mortgaged asset;

(2)   It can be used to repay or prepay all the debts, principals, interests and fees under the Principal Contract;

(3)   It can be used to provide the pledge to secure the debts under the Principal Contract;

(4)   It can be disposed by Party A freely after Party A provides a new guarantee to the satisfaction of Party B.

 

7.              Limitation on Party A’s Disposal of the Mortgaged Asset

 

7.1       Without Party B’s written consent, Party A shall not dispose of the mortgaged asset by any means, including but not limited to, waiving, leasing (including renewing the original lease upon the expiration), donating, transferring, or moving it, or using it to make capital contribution, or re-establishing mortgage thereon, or changing its purpose for public interests, or adhering it to other property, or renovating or splitting it.

 

7.2       Upon Party B’s written consent, the proceeds or other payments arising from Party A’s disposal of the mortgaged asset shall be deposited in the bank account designated by Party B.  Party B is entitled to make use of it according to Article 6.5 (2) to (4) above and Party A shall assist Party B to handle relevant formalities.

 

8.              Third Party’s Hindrance

 

8.1       Where the mortgaged asset is compulsorily purchased, expropriated, dismantled, confiscated, or withdrawn free of charge by the state, or the mortgaged asset is sealed up, frozen, withheld, supervised, established with a lien thereon, auctioned, compulsorily possessed of, destroyed or disposed of by any other means by a third

 

 

party, Party A shall promptly notify Party B of such situation and shall timely take measures to prevent, preclude or make remedy for such situations, to prevent the increase of the losses.  Upon Party B’s requirement, Party A shall provide a new guarantee to the satisfaction of Party B.

 

8.2         Under the said situation, the remainder of the mortgaged asset shall still be mortgaged to secure Party B’s creditor’ rights.  Any damages or compensations obtained by Party A due to the said reasons shall be deposited in the bank account designated by Party B.  Party B is entitled to make use of it according to Article 6.5 (1) to (4) above and Party A shall assist Party B to handle relevant formalities.

 

9.              Realization of the Mortgage Right

 

9.1         Where the Creditor fails to perform its due obligations under the Principal Contract, or fails to repay the due debts whose maturity is announced to be accelerated, or breaches other provisions of the Principal Contract, Party B is entitled to dispose of the mortgaged asset.

 

9.2         The value of the mortgaged asset recorded in the Mortgaged Asset List attached hereto or otherwise agreed by the Parties (“Temporary Value”), whether recorded in the register of the registration department or not, shall not indicate the final value of the mortgaged asset.  The final value shall be a net value, which is equal to the proceeds from Party B’s disposal of the mortgaged asset deducted relevant taxes and expenses.

 

Where the mortgaged asset is used to repay Party B’s creditor’s right, the said Temporary Value shall not serve as the basis for repaying Party B’s creditor’s right, and the value of the mortgaged asset shall be determined by the Parties through mutual negotiations or shall be fairly evaluated according to the law.

 

9.3         After paying the expenses during the selling or auction process (including the custody fee, evaluation fee, auction fee, ownership transfer fee, taxes, land-transferring fees for the national-land use right, etc.), the proceeds shall be first used to repay all debts under the Principal Contract; and the remaining amount after the said repayment shall be refunded to Party A.

 

9.4         Where Party A and the Debtor are the same person, Party B may apply for enforcement on Party A’s properties which are beyond the mortgaged asset, without its waiver on its mortgage right or its disposal of the mortgaged asset as the preconditions.

 

9.5         Party A shall not prevent Party B from realizing its creditor’s rights by any means (including action or omission).

 

9.6         No matter whether Party B has other guarantees to secure its creditor’s rights

 

 

under the Principal Contract or not (including but not limited to, guarantee, mortgage, pledge, guarantee letter, stand-by letter of credit, etc.), no matter when the said guarantees are established, no matter whether the said guarantees are effectively established, no matter whether Party B claims against other guarantors in terms of the said guarantees, no matter whether the third party agrees to assume all or part of the debts under the Principal Contract, or no matter whether the said guarantees are provided by the Debtor itself, under the said situation, Party A’s guarantee liability under this Contract shall not be reduced or released, Party B may directly require Party A to undertake its guarantee liabilities within the scope of guaranty under this Contract, and Party A shall not raise any objection.

 

9.7         Where Party A provides the guarantee only to secure part of the debts under the Principal Contract, then Party A agrees that, even if the debts under the Principal Contract is partially written off due to the Debtor’s repayment or the realization of Party B’s guarantee rights or other reasons, Party A shall still undertake its guarantee liabilities within the scope of guaranty under this Contract to secure the debts which are not written off.

 

9.8         Where Party A provides the guarantee only to secure part of the debts under the Principal Contract and where the debts under the Principal Contract are not fully repaid after Party A undertakes its guarantee liabilities, then Party A commits that, its claim (or its exercise in advance) of subrogation and recourse against the Debtor or other guarantors shall not impair Party B’s rights and interests; and Party A agrees that the repayment of the debts under the Principal Contract shall be prior to the realization of Party A’s right of subrogation or recourse.

 

More specifically, before the creditor’s rights of Party B are fully realized:

 

(1)   Party A agrees not to claim its subrogation or recourse against the Debtor or other guarantors; where Party A already realized its rights of subrogation or recourse due to any reasons, Party A shall use the proceeds arising therefrom to first repay the unpaid debts owed to Party B.

 

(2)   Where there is a real security for the debts under the Principal Contract, Party A agrees not to claim any rights against the collateral or the proceeds arising from the disposal of the collateral by exercising its right of subrogation or out of other reasons; the said collateral and its proceeds after the disposal shall be first used to repay the unpaid debts owed to Party B.

 

(3)   Where the Debtor or other guarantors provide the counter-guarantee to Party A, the proceeds arising from the counter-guarantee obtained by Party A shall be first used to repay the unpaid debts owed to Party B.

 

9.9         Where the Principal Contract is not established, or is invalid in whole or in part, or is cancelled or terminated and where Party A and the Debtor are different

 

 

persons, then Party A shall, within the scope of guaranty under this Contract, assume the joint and several liabilities with the Debtor for the debts incurred in the return of property or arising out of the compensation of the loss.

 

9.10                           Party A is fully aware of the interest rate risk.  Where Party B adjusts the interest rate, and the interest calculation and settlement methods according to the Principal Contract or the state interest rate policy, which results in the increase of the interest, penalty interest and compound interest to be paid by the Debtor, Party A shall bear the guarantee liabilities for the said increased part as well.

 

9.11                           Party B is entitled to deduct the amounts in RMB or in other currencies from the accounts that the Debtor opens in China Construction Bank’s business system for the settlement of any one due debt in case that the Debtor is indebted to Party B besides the debts under the Principal Contract, and the deduction will not constitute any relief to the guarantee liability of Party A.

 

10.  Liability for Breach of Contract

 

10.1                           Party A’s Liability for Breach of Contract

 

(1)          Where Party A breaches any provision of this Contract or any of its representation and warranty is false, inaccurate or has omission, then Party B is entitled to take one or more of the following measures:

 

a)    Require Party A to correct its breach within a time limit;

b)    Require Party A to provide new guarantee;

c)    Require Party A to compensate the losses;

d)    Dispose of the mortgaged asset;

e)    Other remedies permitted by the law.

 

(2)          Party B is entitled to make use of the proceeds from its disposal of the mortgaged asset according to Article 6.5 (2) to (4) above and Party A shall assist Party B to handle relevant formalities.

 

(3)          Where the mortgage right is not effectively established due to Party A’s reason, or the value of the mortgaged asset is reduced due to Party A’s reason, or Party B cannot timely or fully realize its mortgage right caused by Party A’s reason, and where Party A and the Debtor are different persons, then Party B is entitled to require Party A to assume the joint and several liabilities with the Debtor for the secured debts, within the scope of guaranty under this Contract.

 

10.2                           Party B’s Liability for Breach of Contract

 

Where Party B loses the title certificates of the mortgaged asset delivered by Party A due to its fault, or Party B fails to timely return the title certificates of the mortgaged asset or does not assist Party A to handle the mortgage cancellation formalities upon

 

 

Party A’s request according to law after the debts under the Principal Contract are paid off, then Party A is entitled to take one or more of the following measures:

 

(1)   Require Party B to bear the procedure fees for supplementing the new title certificates of the mortgaged asset.

 

(2)   Require Party B to return the title certificates of the mortgaged asset within a time limit or require Party B to assist Party A to handle the mortgage cancellation formalities.

 

11.  Miscellaneous

 

11.1     Unless otherwise agreed by the Parties, all the fees related to this Contract and related to the mortgaged asset under this Contract shall be borne by Party A (including but not limited to the fees in relation to the possession, management, disposal, registration, notarization, insurance, transportation, warehousing, keeping, assessment, maintenance, repair, auction, ownership transfer, etc.).

 

11.2     Collection and Deduction of the Payables

 

Party B is entitled to collect and deduct all the payable amounts in RMB or other currencies owed by Party A under this Contract from the accounts that Party A opens in the business system of China Construction Bank, without issuing prior notification to Party A.  Party A shall assist Party B in handling the procedures of settlement and sale of foreign exchange or the procedures of foreign exchange trading if any and shall bear the exchange rate risk.

 

11.3     Use of Party A’s Information

 

Party A allows Party B to make inquiries on the credit standing of Party A in relevant authorities or organizations or in the credit database approved by People’s Bank of China and the institutions in charge of credit rating and credit information collection, and also authorizes Party B to provide the credit information of Party A to the credit database approved by People’s Bank of China and the institutions in charge of credit rating and credit information collection. Party A hereby agrees that Party B has the right to use and disclose the information of Party A in a proper manner for business necessity.

 

11.4     Loan Collection by Announcement

 

Party B has the right to inform the relevant authorities or organizations of the iof Party A’s breach of contract and to collect the loan by issuing a public notice through the news media.

 

11.5     Evidentiary Effect of Party B’s Record

 

In the absence of reliable and conclusive evidence to the contrary, Party B’s accounting record of loan principal, interest, expenses and repayment history, the 

 

 

documents and voucher prepared or preserved by Party B verifying the loan disbursement, repayment and payment of interest by the Debtor and the record or voucher of loan collection by Party B shall be the effective and conclusive evidence of the debts under the Principal Contract. Unilateral preparation or preservation of the record, data, documents and voucher by Party B shall not be a ground for Party A to raise its objection in this case.

 

11.6     Retention of Rights

 

The rights Party B enjoys under this Contract shall not affect and preclude other rights available to Party B in accordance with laws, regulations and other contracts.  Any tolerance, extension, preferential measure or delay in performing any right under this Contract shall not be deemed as waiver of the rights and interests under the Contract nor be considered as permission or approval of any infringement of this Contract and shall neither affect, preclude and hinder any further exercise thereof or other rights by Party B nor impose any liability or obligation on Party B.

 

The guarantee liability that Party A assumes under this Contract shall not be relieved in case Party B refuses to exercise or delays the exercise of any right under the Principal Contract or Party B has not exhausted the remedies under the Principal Contract. However, the guarantee liability of Party A will be relieved correspondingly in case of the debt relief made by Party B.

 

11.7    Where Party A is split-up, dissolved, enters into the bankruptcy procedure, canceled, or deregistered from the administration for industry and commerce, or with its business license revoked, or the mortgaged asset is destroyed, lost, infringed or beyond the control of Party A due to natural factors or the third party’s action, or the any dispute in relation to the ownership of the mortgaged asset arises, or the title certificate of the mortgaged asset is canceled, Party A shall immediately notify Party B of such situation.

 

11.8     Dissolution or Bankruptcy of the Debtor

 

Party A shall notify Party B of reporting claims upon being informed that the Debtor has filed or been filed for dissolution or bankruptcy proceedings and shall participate in the bankruptcy proceedings in a timely manner for the beforehand exercise of right of recourse.  In case Party A fails to exercise the right of recourse in advance after it knows or should know the dissolution or bankruptcy proceedings of the Debtor, Party A shall bear the losses thereof if any.

 

Notwithstanding the second paragraph of Article 11.6, in case of a compromise agreement or reorganization plan reached between Party B and the Debtor during the bankruptcy proceedings, the rights Party B enjoys under this Contract will not be damaged due to the compromise agreement or reorganization plan, nor will the guarantee liability of Party A be relieved. Party A shall not defend against the claim of rights raised by Party B with the provisions of the compromise agreement or reorganization plan.  Party B retains the right to ask Party A to assume the guarantee 

 

 

liabilities to secure the outstanding debt arising from the concession made by Party B to the Debtor in the compromise agreement or reorganization plan.

 

11.9     Dissolution or Bankruptcy of Party A

 

In case Party A has filed or been filed for dissolution or bankruptcy, Party B is entitled to participate in the liquidation or bankruptcy proceedings and report claims notwithstanding the debts under the Principal Contract has not yet matured.

 

11.10       Party A shall promptly notify Party B in writing of the change in the case that Party A changes its postal address or contact information.  Any losses caused by the delayed notification shall be borne by Party A.

 

11.11       Other Agreements:

 

N.A.

 

11.12       Settlement of Disputes

 

All disputes and argues arising from the performance of this Contract shall be solved through negotiation by the Parties; if negotiation fails, the Parties agree to adopt Option One as listed below to settle the disputes.  During the lawsuit or arbitration, other provisions in the Contract that may not be affected shall be performed continuously.

 

(1)   Option 1: Submit the disputes to the court at the domicile of Party B;

(2)    Option 2: Submit the disputes to N.A Arbitration Committee in accordance with its arbitration rules effective at the time of application (Place of Arbitration N.A). The award of the arbitration shall be final and binding upon both Parties.

 

11.13       Effectiveness

 

The Contract shall become effective as of the date of signing by the legal representatives (the principal) or authorized representatives of the Parties and sealed by the Parties.

 

11.14       This Contract shall have six original copies.

 

12.      Mortgaged Asset List

 

The Mortgaged Asset List is provided as below:

 

Mortgaged Asset List

 

	
Mortgaged
   Property Name
    	
 
    	
No. of
   Ownership
   Certificate
   and other
   Certificate
    	
 
    	
Place
    	
 
    	
Areas or
   Quantity
    	
 
    	
Value of
   Mortgaged
   Property (Ten
   Thousand
   Yuan)
    	
 
    	
Amount which is
   already mortgaged to
   secure other
   creditor’s rights
   (Unit: 10,000)
    	
 
    	
Remarks
    	
 
    
	
Please refer to the   attachment
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    

 

 

13. Party A’s Representation and Warranty

 

13.1  Party A is fully aware of the business scope and scope of authority of Party B.

 

13.2  Party A has read all clauses of the Contract and the Principal Contract and Party B has provided explanation to the clauses as required by Party A.  Party A hereto has accurate and correct understanding of the terms and conditions of this Contract and the Principal Contract and the legal consequences.

 

13.3  Party A is legally qualified to be a guarantor and Party A provides the guarantee pursuant to the laws, regulations, rules and the provisions of Party A’s articles of association or incorporation document and with the approval of managements and/or authorities.  All losses caused by Party A’s unauthorized signing of the Contract shall be borne by Party A, including but not limited to compensating the losses incurred to Party B in full.

 

13.4  Party A hereby confirms that it has a full understanding of the asset, debt, business, credit standing and creditworthiness of the Debtor, the capacity and authority for the Debtor to execute the Principal Contract and the terms and conditions of the Principal Contract.

 

13.5  Party A has legitimate ownership of or disposal right of the mortgaged asset; the mortgaged asset is not the facility for public interests, or the property which is forbidden to be circulated or transferred; and there is no ownership dispute over the mortgaged asset.

 

13.6  There is no co-owner on the mortgaged asset, or if there is any, the mortgage hereunder has already been approved by the co-owner in writing.

 

13.7  There is no defect or encumbrance on the mortgaged asset which has not been notified to Party B in writing, including but not limited to that, the mortgaged asset is restricted in circulation, sealed up, withheld, supervised, leased, or established with a lien thereon, or there is any default payment of the purchase price, maintenance fee, construction cost, taxes, land-transferring fees for the land use right, damages or compensations in relation to the mortgaged asset, or the mortgaged asset has already been mortgaged to a third party.

 

13.8  All the documents and information in relation to the mortgaged asset provided by Party A to Party B is true, lawful, accurate and complete.

 

13.9  The mortgage provided by Party A herein will not impair the legitimate rights and interests of any third party, and will not go against Party A’s legal duties and 

 

 

Party A’s obligations under any agreement or contract.

 

Party A (Company Seal): Daqing Borun Biotechnology Co., Ltd.

 

Legal Representative (The Principal) or Authorized Representative (Signature): Wang Jinmiao

 

Date: December 17, 2010

 

Party B (Company Seal): Daqing Branch of China Construction Bank Stock Limited Company

 

The Principal or Authorized Representative (Signature): Zhu Botao

 

Date: December 17, 2010

 

 

Mortgaged Asset List

 

	
Mortgaged Property
   Name
    	
 
    	
No. of
   Ownership
   Certificate
   and other
   Certificate
    	
 
    	
Place
    	
 
    	
Area or
   Quantity
    	
 
    	
Value of Mortgaged
   Property (Ten Thousand Yuan)
    	
 
    	
Amount which is
   already mortgaged to
   secure other creditor’s
   rights (Unit: 10,000)
    	
 
    	
Note (model No.)
    	
 
    
	
Triple-   or Quadruple-Effect Evaporator
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
3,846,153.83
    	
 
    	
0
    	
 
    	
75T/H
    	
 
    
	
Double-Effect   Evaporator
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
1,845,000.00
    	
 
    	
0
    	
 
    	
F=2400   square meter
    	
 
    
	
Horizontal   Centrifuge
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
4
    	
 
    	
1,116,000.00
    	
 
    	
0
    	
 
    	
LWD430B-N
    	
 
    
	
Fermentor
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
18
    	
 
    	
##########
    	
 
    	
0
    	
 
    	
¢   10000*18000
    	
 
    
	
Yeast Tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
1,620,000.00
    	
 
    	
0
    	
 
    	
¢   9000*13500
    	
 
    
	
Conveyor for Scattered Corn or Bagged Forage
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
1,170,000.00
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
Belt Conveyer for Phase 1 Corn
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
56,700.00
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
Reverse osmosis water purifying plant
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
981,000.00
    	
 
    	
0
    	
 
    	
 
    	
 
    

 

 

	
Methanol Column Cooler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
2,313,765.00
    	
 
    	
0
    	
 
    	
V80 34.2m2
    	
 
    
	
Methanol Column Cooler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
2,639,142.00
    	
 
    	
0
    	
 
    	
V110 161.7m2
    	
 
    
	
Water Scrubbing Tower
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
2,872,456.20
    	
 
    	
0
    	
 
    	
DN2200-50
    	
 
    
	
Methanol Column
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
3
    	
 
    	
2,316,600.00
    	
 
    	
0
    	
 
    	
DN2200-50
    	
 
    
	
Crude Column
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
2,742,174.00
    	
 
    	
0
    	
 
    	
DN2800-25
    	
 
    
	
Fractionating Column
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
4
    	
 
    	
3,107,565.00
    	
 
    	
0
    	
 
    	
DN2400-70
    	
 
    
	
Yeast Tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
630,000.00
    	
 
    	
0
    	
 
    	
6000*8000
    	
 
    
	
Transformer
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
4
    	
 
    	
765,000.00
    	
 
    	
0
    	
 
    	
SZ9-M-10000/35
    	
 
    
	
Cooling Column
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
693,765.00
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
Industrial Wine Tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
180,000.00
    	
 
    	
0
    	
 
    	
¢   2500*4000
    	
 
    
	
Alcohol Measuring Tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
630,000.00
    	
 
    	
0
    	
 
    	
¢   3000*7000
    	
 
    
	
Spiral Heat Exchanger
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
14
    	
 
    	
620,298.00
    	
 
    	
0
    	
 
    	
LIT150-1500
    	
 
    
	
Tank for Preparatory Liquefaction
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
620,346.60
    	
 
    	
0
    	
 
    	
¢   5000*7500
    	
 
    

 

 

	
Complete Set of Control, Protect and   Integrated Automation Equipment for Switch Cabinet and Generator
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
630,000.00
    	
 
    	
0
    	
 
    	
DMP300
    	
 
    
	
Liquefaction Tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
749,736.00
    	
 
    	
0
    	
 
    	
¢   7000*9000
    	
 
    
	
Yeast Tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
255,000.00
    	
 
    	
0
    	
 
    	
¢   3600*5000
    	
 
    
	
Hammer Blade Mill
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
540,000.00
    	
 
    	
0
    	
 
    	
GFS-120-83 160KW
    	
 
    
	
QSX Gravity Dry stoner
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
180,000.00
    	
 
    	
0
    	
 
    	
QSII-125 0.25KW
    	
 
    
	
Water Film Dedustor
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
270,000.00
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
Auger-Type Air Compressor
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
3
    	
 
    	
483,975.00
    	
 
    	
0
    	
 
    	
UD110A-8 110KW
    	
 
    
	
Crude Column Cooler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
496,044.00
    	
 
    	
0
    	
 
    	
75 Square Meter
    	
 
    
	
Crude Alcohol Tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
63,000.00
    	
 
    	
0
    	
 
    	
5 cubic meter
    	
 
    
	
Carbinol Column Reflux Accumulator
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
63,000.00
    	
 
    	
0
    	
 
    	
5 cubic meter
    	
 
    

 

 

	
Rectifying Column Reflux Accumulator
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
90,000.00
    	
 
    	
0
    	
 
    	
¢   1000*1700
    	
 
    
	
Rectifying Column Reboiler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
297,000.00
    	
 
    	
0
    	
 
    	
350 square meter
    	
 
    
	
Fusel Oil Stock Tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
333,000.00
    	
 
    	
0
    	
 
    	
¢   3000*3000
    	
 
    
	
Industrial Wine Stock Tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
135,000.00
    	
 
    	
0
    	
 
    	
¢   2000*3000
    	
 
    
	
Mixed Alcohol Tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
63,000.00
    	
 
    	
0
    	
 
    	
5 cubic meter
    	
 
    
	
Crude Column Reboiler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
495,000.00
    	
 
    	
0
    	
 
    	
550 square meter
    	
 
    
	
Carbinol Column Reboiler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
315,000.00
    	
 
    	
0
    	
 
    	
350 square meter
    	
 
    
	
Water Scrubbing Tower Reflux Accumulator
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
36,000.00
    	
 
    	
0
    	
 
    	
2 cubic meter
    	
 
    
	
Crude Column Condensator
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
426,465.00
    	
 
    	
0
    	
 
    	
V110 1 61.7 square meter
    	
 
    
	
Fusel Oil Cooler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
120,406.50
    	
 
    	
0
    	
 
    	
V13 3.25 square meter
    	
 
    
	
Rectifying Column Reflex Condenser
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
8
    	
 
    	
232,923.60
    	
 
    	
0
    	
 
    	
V20 15 square meter
    	
 
    
	
Topping Still Reboiler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
596,923.07
    	
 
    	
0
    	
 
    	
 
    	
 
    

 

 

	
Mash preheater
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
4
    	
 
    	
143,076.92
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
Crude Column Recirculation Pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
188,269.23
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
Carbinol Column reboiler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
4
    	
 
    	
295,959.23
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
Non-corrosive steel pull-out-type heat exchanger
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
4
    	
 
    	
255,420.00
    	
 
    	
0
    	
 
    	
80m2
    	
 
    
	
Non-corrosive steel pull-out-type heat   exchanger
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
158,940.00
    	
 
    	
0
    	
 
    	
100m2
    	
 
    
	
Non-corrosive steel pull-out-type heat   exchanger
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
8
    	
 
    	
953,640.00
    	
 
    	
0
    	
 
    	
150m2
    	
 
    
	
Butterfly splitter
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
240,000.00
    	
 
    	
0
    	
 
    	
DPF850
    	
 
    
	
Steel plate silo and Electrical Cabinet
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
192,000.00
    	
 
    	
0
    	
 
    	
TC14.6*14C
    	
 
    
	
Bar disintegrator
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
10
    	
 
    	
62,400.00
    	
 
    	
0
    	
 
    	
JBL750
    	
 
    
	
Bar disintegrator
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
16,000.00
    	
 
    	
0
    	
 
    	
JBL1000
    	
 
    
	
Fibrous wringing machine
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
256,000.00
    	
 
    	
0
    	
 
    	
650
    	
 
    

 

 

	
Fibrous wringing machine
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
3
    	
 
    	
360,000.00
    	
 
    	
0
    	
 
    	
550
    	
 
    
	
First effective evaporator
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
1,088,000.00
    	
 
    	
0
    	
 
    	
F=1600 square meter
    	
 
    
	
Desticker
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
5
    	
 
    	
360,000.00
    	
 
    	
0
    	
 
    	
DN3600
    	
 
    
	
Pipe bundle dryer
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
512,820.00
    	
 
    	
0
    	
 
    	
GZG400
    	
 
    
	
Pipe bundle dryer
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
512,820.00
    	
 
    	
0
    	
 
    	
GZG400
    	
 
    
	
Pipe bundle dryer
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
512,820.00
    	
 
    	
0
    	
 
    	
GZG500
    	
 
    
	
Pipe bundle dryer
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
512,820.00
    	
 
    	
0
    	
 
    	
GZG500
    	
 
    
	
Pipe bundle dryer
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
661,537.80
    	
 
    	
0
    	
 
    	
YDG1000
    	
 
    
	
Pipe bundle dryer
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
661,537.80
    	
 
    	
0
    	
 
    	
YDG1000
    	
 
    
	
Pipe bundle dryer
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
661,537.80
    	
 
    	
0
    	
 
    	
YDG1000
    	
 
    
	
Pipe bundle dryer
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
661,537.80
    	
 
    	
0
    	
 
    	
YDG1000
    	
 
    
	
quadruple effect desticker B
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
405,000.00
    	
 
    	
0
    	
 
    	
DN3400*5000
    	
 
    
	
Wine Fume filtrator
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
5
    	
 
    	
101,665.39
    	
 
    	
0
    	
 
    	
304
    	
 
    

 

 

	
topping still
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
1,080,000.00
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
Tooth recirculating scrap bin sweeps
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
4
    	
 
    	
126,000.00
    	
 
    	
0
    	
 
    	
350
    	
 
    
	
pneumatic conveyor
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
225,000.00
    	
 
    	
0
    	
 
    	
10T/h
    	
 
    
	
automatic wrapping machine
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
180,000.00
    	
 
    	
0
    	
 
    	
10T/h
    	
 
    
	
Feedstuff cooler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
225,000.00
    	
 
    	
0
    	
 
    	
15T/h
    	
 
    
	
Side Entering agitating device
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
28
    	
 
    	
352,800.00
    	
 
    	
0
    	
 
    	
TC2/Y4KW-4P/TP54
    	
 
    
	
Complete Set of Control, Protect and   Integrated Automation Equipment for Switch Cabinet and Generator
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
538,461.54
    	
 
    	
0
    	
 
    	
DMP300
    	
 
    
	
fluidized-bed boiler main body
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
2,066,788.47
    	
 
    	
0
    	
 
    	
RG-CFB35\3082
    	
 
    
	
Mature mash tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
585,000.00
    	
 
    	
0
    	
 
    	
6500*8000
    	
 
    

 

 

	
Liquid   saccharifying enzyme tank Fodder agitating device
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
2
    	
 
    	
9,000.00
    	
 
    	
0
    	
 
    	
¢   1.2*1.5
    	
 
    
	
alkali liquor overhead tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
45,000.00
    	
 
    	
0
    	
 
    	
1600*1800
    	
 
    
	
Saccharifying mash cooler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
4
    	
 
    	
269,280.00
    	
 
    	
0
    	
 
    	
BR08-1.0-200-E-1 200M2
    	
 
    
	
Acidum Tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
212,500.00
    	
 
    	
0
    	
 
    	
5000*4500
    	
 
    
	
Alkali Tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
212,500.00
    	
 
    	
0
    	
 
    	
5000*4500
    	
 
    
	
Vertical needle type impact grinding
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
387,621.25
    	
 
    	
0
    	
 
    	
LZM1000-NA 220KW
    	
 
    
	
Centrifugal draughting machine
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
3
    	
 
    	
198,594.00
    	
 
    	
0
    	
 
    	
Self-made
    	
 
    
	
Side Entering agitating device
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
28
    	
 
    	
352,800.00
    	
 
    	
0
    	
 
    	
TC2/Y4KW-4P/TP54
    	
 
    
	
Hammer Blade Mill
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
3
    	
 
    	
754,290.00
    	
 
    	
0
    	
 
    	
JFS60-50 45KW
    	
 
    
	
Waste liquid tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
187,000.00
    	
 
    	
0
    	
 
    	
5000*4200
    	
 
    
	
needle-shaped impact grinding
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
351,966.16
    	
 
    	
0
    	
 
    	
IM750 90KW
    	
 
    
	
finished goods stock tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
5
    	
 
    	
2,975,000.00
    	
 
    	
0
    	
 
    	
1000 cubic meter
    	
 
    

 

 

	
water scrubbing tower reflux tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
6
    	
 
    	
17,000.00
    	
 
    	
0
    	
 
    	
1 cubic meter
    	
 
    
	
1# fermenter cooler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
4
    	
 
    	
635,438.75
    	
 
    	
0
    	
 
    	
180 square meter
    	
 
    
	
2# fermenter cooler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
601,481.25
    	
 
    	
0
    	
 
    	
150 square mete
    	
 
    
	
3# fermenter cooler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
444,915.50
    	
 
    	
0
    	
 
    	
90 square mete
    	
 
    
	
fermenter
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
3
    	
 
    	
2,040,000.00
    	
 
    	
0
    	
 
    	
8600*12000
    	
 
    
	
non-corrosive steel stock tank for corn
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
127,500.00
    	
 
    	
0
    	
 
    	
3500*1800*1000
    	
 
    
	
low-voltage distributor
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
98,260.00
    	
 
    	
0
    	
 
    	
GGD2-55G
    	
 
    
	
deposit chamber
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
119,790.50
    	
 
    	
0
    	
 
    	
2000*5000*900
    	
 
    
	
Butterfly splitter
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
255,000.00
    	
 
    	
0
    	
 
    	
CH30PS 132KW
    	
 
    
	
fluted disc cracker
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
242,037.50
    	
 
    	
0
    	
 
    	
80
    	
 
    
	
non-corrosive steel stock tank for   semi-finished material
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
127,500.00
    	
 
    	
0
    	
 
    	
10 cubic meter
    	
 
    

 

 

	
non-corrosive steel stock tank for   forfinished material
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
127,500.00
    	
 
    	
0
    	
 
    	
10 cubic meter
    	
 
    
	
non-corrosive steel stock tank for waste   liquid
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
127,500.00
    	
 
    	
0
    	
 
    	
10 cubic meter
    	
 
    
	
single-screw dehydrator
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
127,500.00
    	
 
    	
0
    	
 
    	
DLTS-500 18.5KW
    	
 
    
	
non-corrosive steel stock tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
85,000.00
    	
 
    	
0
    	
 
    	
1800*1500*1000
    	
 
    
	
Fibre rinse bath
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
380,324.00
    	
 
    	
0
    	
 
    	
11500*1000*1250
    	
 
    
	
Corrosion resistant centrifugal pump (washer   pump)
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
98,838.00
    	
 
    	
0
    	
 
    	
CL65-200C 22KW
    	
 
    
	
low-voltage distributor
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
134,746.25
    	
 
    	
0
    	
 
    	
GGD2-55G
    	
 
    
	
steel plate silo
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
231,200.00
    	
 
    	
0
    	
 
    	
TC14600*12600C
    	
 
    
	
roller grizzly
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
113,288.00
    	
 
    	
0
    	
 
    	
520/125
    	
 
    
	
bucket lifter pylon
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
184,671.00
    	
 
    	
0
    	
 
    	
2500*2500*40000
    	
 
    
	
Discharge device
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
348,840.00
    	
 
    	
0
    	
 
    	
GFY-95L 3KW
    	
 
    

 

 

	
cyclone cluster
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
3
    	
 
    	
271,881.00
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
Mash-in tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
336,487.50
    	
 
    	
0
    	
 
    	
¢   6000*7500
    	
 
    
	
frequency conversion feeder
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
226,530.00
    	
 
    	
0
    	
 
    	
YW-35
    	
 
    
	
cyclone scrubber
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
240,300.00
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
density stock pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
89,437.50
    	
 
    	
0
    	
 
    	
IHD65-50-125 4KW
    	
 
    
	
supernatant liquor pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
25,245.00
    	
 
    	
0
    	
 
    	
IHD150-125-250 18.5KW
    	
 
    
	
non-corrosive steel mixed-flow pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
30,982.50
    	
 
    	
0
    	
 
    	
300-HL-16A
    	
 
    
	
non-corrosive steel mixed-flow pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
86,805.00
    	
 
    	
0
    	
 
    	
300-HL-18 110KW
    	
 
    
	
non-corrosive steel mixed-flow pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
50,625.00
    	
 
    	
0
    	
 
    	
300-HL-21A 132KW
    	
 
    
	
non-corrosive steel mixed-flow pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
54,810.00
    	
 
    	
0
    	
 
    	
300-HL-21 160KW
    	
 
    
	
liquid piston vac pup
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
9,450.00
    	
 
    	
0
    	
 
    	
SK-AZ EX5.5KW
    	
 
    
	
evaporation condensation pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
16,200.00
    	
 
    	
0
    	
 
    	
IHD100-50-150 15KW
    	
 
    
	
non-corrosive steel reflux pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
73,305.00
    	
 
    	
0
    	
 
    	
450HL-25 280KW
    	
 
    

 

 

	
Stillage Pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
44,887.50
    	
 
    	
0
    	
 
    	
IHD150-125-315 30KW
    	
 
    
	
Common Discharge device
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
158,935.50
    	
 
    	
0
    	
 
    	
GFY-16
    	
 
    
	
single stage single suction volute chemical   pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
18,090.00
    	
 
    	
0
    	
 
    	
IH150-125-250A 1.5KW
    	
 
    
	
horizontal centrifuge
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
4
    	
 
    	
1,096,153.88
    	
 
    	
0
    	
 
    	
LW530-2270
    	
 
    
	
sieve sorption stalk
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
1,741,875.65
    	
 
    	
0
    	
 
    	
2700*9000
    	
 
    
	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
rectifying column
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
4
    	
 
    	
830,904.11
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
Intelligent dynamic mass weigher
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
3
    	
 
    	
57,056.25
    	
 
    	
0
    	
 
    	
LCS-C60
    	
 
    
	
crasher
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
15,300.00
    	
 
    	
0
    	
 
    	
8.5KW
    	
 
    
	
dehydrator
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
48,195.00
    	
 
    	
0
    	
 
    	
Harbin cereals Machinery Plant
    	
 
    
	
low-voltage distributor
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
14,981.25
    	
 
    	
0
    	
 
    	
GGD2-55G
    	
 
    
	
corrosion resistant centrifugal pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
9
    	
 
    	
53,295.00
    	
 
    	
0
    	
 
    	
125-100-250 15KW
    	
 
    
	
pin type mill
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
127,500.00
    	
 
    	
0
    	
 
    	
LZM685 75KW
    	
 
    

 

 

	
pin type mill
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
157,335.00
    	
 
    	
0
    	
 
    	
750 90KW
    	
 
    
	
plate type convertor
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
94,668.75
    	
 
    	
0
    	
 
    	
BB0.8-10/120-160
    	
 
    
	
Acidum tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
124,503.75
    	
 
    	
0
    	
 
    	
¢ 3500*4000 30 square meter
    	
 
    
	
low-voltage distributor
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
76,818.75
    	
 
    	
0
    	
 
    	
GGD2-55G
    	
 
    
	
carbon-dioxide scrub column
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
78,412.50
    	
 
    	
0
    	
 
    	
Q=100 cubic meter/h H=32m
    	
 
    
	
Mash preheater
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
195,330.00
    	
 
    	
0
    	
 
    	
FN=120 square meter
    	
 
    
	
Crude column reboiler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
247,095.00
    	
 
    	
0
    	
 
    	
FN=350 square meter
    	
 
    
	
Crude column reboiler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
7
    	
 
    	
118,575.00
    	
 
    	
0
    	
 
    	
FN=120 square meter
    	
 
    
	
Crude column end cooler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
147,900.00
    	
 
    	
0
    	
 
    	
30 square meter
    	
 
    
	
fusel oil cooler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
87,018.75
    	
 
    	
0
    	
 
    	
1.4 square meter
    	
 
    
	
Finished goods cooler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
72,037.50
    	
 
    	
0
    	
 
    	
8.6 cubic meter
    	
 
    
	
Water column end cooler
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
2
    	
 
    	
15,937.50
    	
 
    	
0
    	
 
    	
75 square meter
    	
 
    

 

 

	
crude alcohol preheater
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
93,075.00
    	
 
    	
0
    	
 
    	
12 square meter
    	
 
    
	
flash tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
103,275.00
    	
 
    	
0
    	
 
    	
2.5 cubic meter
    	
 
    
	
fusel oil stock tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
37,500.00
    	
 
    	
0
    	
 
    	
3 cubic meter
    	
 
    
	
Mixed alcohol tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
52,500.00
    	
 
    	
0
    	
 
    	
5 cubic meter
    	
 
    
	
crude alcohol tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
30,000.00
    	
 
    	
0
    	
 
    	
2 cubic meter
    	
 
    
	
localizer
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
32,453.85
    	
 
    	
0
    	
 
    	
IPD2112
    	
 
    
	
Industrial alcohol tank
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
52,500.00
    	
 
    	
0
    	
 
    	
5 cubic meter
    	
 
    
	
crude alcohol pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
20,081.25
    	
 
    	
0
    	
 
    	
65-40-315 EX5.5KW
    	
 
    
	
corrosion resistant mild wine pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
20,782.50
    	
 
    	
0
    	
 
    	
CL50-200C EX11KW
    	
 
    
	
Waste mash pump
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
39,015.00
    	
 
    	
0
    	
 
    	
100-65-315 EX15KW
    	
 
    
	
Power automatic control cabinet
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
7,650.00
    	
 
    	
0
    	
 
    	
VW-V6
    	
 
    
	
Auto-decompression starter box
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
3,251.25
    	
 
    	
0
    	
 
    	
XJ01-135
    	
 
    
	
air compressor
    	
 
    	
 
    	
 
    	
Daqing Borun On-Site
    	
 
    	
1
    	
 
    	
62,921.25
    	
 
    	
0
    	
 
    	
VW-6/7 37KW
    	
 
    

 

	
air   compressor
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
84,468.75
    	
 
    	
0
    	
 
    	
L-208   4L-22/7 132KW
    	
 
    
	
pressure   container
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
3,697.50
    	
 
    	
0
    	
 
    	
PV04-073
    	
 
    
	
pressure   container
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
3,697.50
    	
 
    	
0
    	
 
    	
PV04-074
    	
 
    
	
after   cooler
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
59,670.00
    	
 
    	
0
    	
 
    	
HL-12/1.0
    	
 
    
	
Air   Container
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
994.50
    	
 
    	
0
    	
 
    	
04405
    	
 
    
	
pneumatic   positioner valve
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
35,190.00
    	
 
    	
0
    	
 
    	
DN25
    	
 
    
	
pneumatic   positioner valve
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
45,747.00
    	
 
    	
0
    	
 
    	
DN65
    	
 
    
	
hyperthermal   nstantaneous sterilizer
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
47,812.50
    	
 
    	
0
    	
 
    	
RP6L20
    	
 
    
	
pressure   container
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
62,347.50
    	
 
    	
0
    	
 
    	
PV04-119
    	
 
    
	
pressure   container
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
67,014. 00
    	
 
    	
0
    	
 
    	
PV04-120
    	
 
    
	
pneumatic   positioner valve
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
3,182.40
    	
 
    	
0
    	
 
    	
DN20*16
    	
 
    
	
pneumatic   positioner valve
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
4,819.50
    	
 
    	
0
    	
 
    	
DN40*16
    	
 
    

 

 

	
air   compressing engine air container
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
74,970.00
    	
 
    	
0
    	
 
    	
01J2001-26
    	
 
    
	
Electric   Control Box
    	
 
    	
 
    	
 
    	
Daqing   Borun On-Site
    	
 
    	
1
    	
 
    	
24,480.00
    	
 
    	
0
    	
 
    	
QG
    	
 
    

 

Mortgaged Property List

 

	
Mortgaged Property
    	
 
    	
No. of
   Ownership
   Certificate
    and other
   Certificates
    	
 
    	
Place
    	
 
    	
Area or Quantity
    	
 
    	
Value of
   Mortgaged
   Property (ten
   thousand Yuan)
    	
 
    	
Mortgage set for
   other debt (Ten
   Thousand Yuan)
    	
 
    	
Note (model No.)
    	
 
    
	
cast   steel gate wave
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
15,192.90
    	
 
    	
0
    	
 
    	
DN200*16
    	
 
    
	
cast   steel gate wave
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
27,234.00
    	
 
    	
0
    	
 
    	
DN250*16
    	
 
    
	
cast   steel gate wave
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
17,939.70
    	
 
    	
0
    	
 
    	
DN300*16
    	
 
    
	
cooling   water pump
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
39,703.50
    	
 
    	
0
    	
 
    	
45KW
    	
 
    
	
water   bank
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
1,530.00
    	
 
    	
0
    	
 
    	
3   cubic meters
    	
 
    
	
corrosion   preventive cooling water pump
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
21,879.00
    	
 
    	
0
    	
 
    	
HB65-16A   1.5KW
    	
 
    
	
single   stage double suction centrifugal pump
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
57,834.00
    	
 
    	
0
    	
 
    	
KQSN/J300-N9/418   132KW
    	
 
    

 

 

	
secondary   pump
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
2,493.90
    	
 
    	
0
    	
 
    	
110KW
    	
 
    
	
cast   steel gate wave
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
4,253.40
    	
 
    	
0
    	
 
    	
DN150*16
    	
 
    
	
corrosion   preventive firstly pump
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
52,020.00
    	
 
    	
0
    	
 
    	
125-100-250   15KW
    	
 
    
	
cast   steel globe wave
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
1,912.50
    	
 
    	
0
    	
 
    	
DN125*16
    	
 
    
	
cast   steel globe wave
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
1,652.40
    	
 
    	
0
    	
 
    	
DN100*16
    	
 
    
	
cast   steel gate wave
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
4,008.60
    	
 
    	
0
    	
 
    	
DN125*16
    	
 
    
	
fire   pump
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
40,239.00
    	
 
    	
0
    	
 
    	
45KW
    	
 
    
	
low-voltage   distribution cabinet
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun.
    	
 
    	
1
    	
 
    	
3,427.20
    	
 
    	
0
    	
 
    	
GGD2-55G
    	
 
    
	
high-voltage   PT cabinet
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
29,429.10
    	
 
    	
0
    	
 
    	
WGN2-10-0.8G
    	
 
    
	
high-voltage   distribution cabinet
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
59,759.10
    	
 
    	
0
    	
 
    	
WGN2-10-0.9G
    	
 
    
	
capacitor   cabinet
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
39,871.80
    	
 
    	
0
    	
 
    	
JKL
    	
 
    
	
capacitor   pump
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
79,744.50
    	
 
    	
0
    	
 
    	
VFT100
    	
 
    
	
load   monitoring syatem
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
22,230.00
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
centrifugal   pump
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
53,856.00
    	
 
    	
0
    	
 
    	
SQ-32-300
    	
 
    
	
electronic   distribution box
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
49,364.10
    	
 
    	
0
    	
 
    	
WJ139A
    	
 
    
	
electronic   control box
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
201,438.00
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
high-voltage   switchboard
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
64,638.00
    	
 
    	
0
    	
 
    	
XGN2-10-0.7G
    	
 
    

 

 

	
transformer
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
2
    	
 
    	
20,340.00
    	
 
    	
0
    	
 
    	
s11-50/10-0.4
    	
 
    
	
transformer
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
159,660.00
    	
 
    	
0
    	
 
    	
s11-2500/10-0.4
    	
 
    
	
No.1   incomer
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
64,638.00
    	
 
    	
0
    	
 
    	
XGN2-12/53G
    	
 
    
	
first-step   main power switch
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
64,638.00
    	
 
    	
0
    	
 
    	
XGN2-12/036G
    	
 
    
	
measurement   box
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
64,638.00
    	
 
    	
0
    	
 
    	
XGN2-12/44G
    	
 
    
	
No.1   transformer return box
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
64,638.00
    	
 
    	
0
    	
 
    	
XGN2-12/007G
    	
 
    
	
No.2   transformer return box
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
64,638.00
    	
 
    	
0
    	
 
    	
XGN2-12/007G
    	
 
    
	
bus   tie cabinet
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
19,935.90
    	
 
    	
0
    	
 
    	
XGN2-12/036G
    	
 
    
	
bus   tie cabinet
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
64,638.00
    	
 
    	
0
    	
 
    	
XGN2-12/041G
    	
 
    
	
No.5   transformer return box
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
64,638.00
    	
 
    	
0
    	
 
    	
XGN2-12/007G
    	
 
    
	
No.4   transformer return box
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
19,935.90
    	
 
    	
0
    	
 
    	
XGN2-12/007G
    	
 
    
	
No.3   transformer return box
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
19,935.90
    	
 
    	
0
    	
 
    	
XGN2-12/007G
    	
 
    

 

 

	
measurement   box
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
64,638.00
    	
 
    	
0
    	
 
    	
XGN2-12/44G
    	
 
    
	
second-step   main power switch
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
64,638.00
    	
 
    	
0
    	
 
    	
XGN2-12/036G
    	
 
    
	
second-step   voltage transformer & incomer
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
64,638.00
    	
 
    	
0
    	
 
    	
XGN2-12/53G
    	
 
    
	
dirt   catcher
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
2
    	
 
    	
1,758,933.85
    	
 
    	
0
    	
 
    	
EB802-3
    	
 
    
	
90t/h   medium-temperature medium pressure recyclable fluidized bed boiler
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
2
    	
 
    	
8,854,700.85
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
Water   treatment system equipment
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
3,978,632.50
    	
 
    	
0
    	
 
    	
 
    	
 
    
	
generator
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
1,444,444,45
    	
 
    	
0
    	
 
    	
QF-15-2
    	
 
    
	
steam   turbine
    	
 
    	
 
    	
 
    	
Factory   area of Daqing Borun
    	
 
    	
1
    	
 
    	
2,564,102.56
    	
 
    	
0
    	
 
    	
B15-3.43/0.981EXHIBIT 10.83

 

The Employment Agreements dated October 27, 2009 with Dennis J. Simonis, Wayne W. Roumagoux and Randolph H. Cabral are in substantially identical form to the following agreement, except for the term of the agreement and the salary.  The following are the provisions with respect to those items in the respective agreements:

 

The agreement with Dennis J. Simonis, the President of the General Partner, has a 24-month term and a salary of $264,000.

 

The agreement with Wayne W. Roumagoux, the Vice President and Chief Financial Officer of the General Partner, has a term of 18 months and a salary of $122,000.

 

The agreement with Randolph H. Cabral, a named executive officer, has a term of 18 months and a salary of $139,000.

 

 

EMPLOYMENT AGREEMENT

 

This Employment Agreement (“Agreement”) is made this 27th day of October, 2009 between ML Macadamia Orchards, L.P. (“Company”) and Wayne W. Roumagoux (“you” or “your”), whose mailing address is P.O. Box 127, Volcano, Hawaii 96785-0127.

 

In consideration of the covenants and promises contained in this Agreement, the parties agree as follows:

 

1.             Employment.  The Company agrees to employ you in the capacity set out in Paragraph 4 commencing on October 1, 2009 (the “Effective Date”), and subject to termination as set forth in paragraph 3.

 

Throughout your employment under this Agreement you shall devote your full time and best efforts to the management of the financial affairs of the Company and the promotion of the Company’s business interests.  You will not, during your employment under this Agreement, engage in self-employment activities or related activities without the prior written consent of the Board. Such consent shall not be unreasonably withheld. If the Board does not respond within thirty (30) days of receipt of the request for consent, the parties will assume that such consent was granted.

 

2.             Term. Your initial term of employment under this Agreement, and this Agreement, shall commence on the Effective Date and end at midnight one and one/half years after the Effective Date.  The term shall extend for one day for each and every day the Agreement is in force until terminated by one of the other provisions set forth in the Agreement or by one of the provisions in this paragraph.  The parties intend that the Agreement shall always have one and one/half years to run unless terminated by one of the provisions in the Agreement.  Either the Company or you may terminate this evergreen provision at any time in their sole discretion so that the Agreement at such time shall have a fixed one and one/half years to run.  Should this evergreen provision be terminated by the Company and you are subsequently involuntarily terminated, you will be entitled to no less than one year of severance pay upon your termination.  Termination by written notice under this paragraph (2) shall be subject to the provisions of Paragraph 3.  Termination of this Agreement shall constitute a termination of your employment, unless otherwise agreed by the parties.

 

3.             Termination.  Your employment may be terminated during any applicable term without breaching this Agreement exclusively under the following circumstances:

 

a.             Cause.  Your employment may be terminated by the Company at any time for Cause.  Cause is defined as:

 

1.             Your failure or refusal to follow a lawful directive of the Company, through its Board, other than such failure resulting from your Disability (as defined in this Agreement), and such failure is not remedied to the reasonable satisfaction of the Board within 30 days of receipt of notice;

 

2.             Your gross and willful misconduct relating to your responsibilities, services or duties to the Company;

 

2

 

3.             Your conviction or plea of no contest regarding any felony, or lesser class crimes involving dishonesty or a violation of commonly accepted moral principles where such conviction is rationally related to the duties and responsibilities of your position;

 

4.             Any conduct demonstrating fraud, intentional misrepresentation or personal dishonesty involving Company business or assets;

 

5.             Your personal conduct which damages or jeopardizes the reputation of the Company;

 

6.             Unlawful use or possession of illegal drugs or controlled substances; or

 

7.             Any material breach of this Agreement.

 

b.             Termination without Cause.

 

The Company may terminate your employment without cause at any time.  In such event, you, upon execution of a settlement, waiver, and release agreement, a copy of which is attached as Exhibit A, shall be entitled to your base annual salary for the balance of the then applicable term.  Presumptively this shall be an eighteen month period.  There shall be no other severance pay.  The severance pay shall be paid at your option either (a) in a single lump sum payment in cash or (b) in 36 semi-monthly installments over an 18 month period (continuation of salary) as soon as practicable following the termination of employment without Cause and delivery of the executed settlement, waiver, and release agreement.

 

c.             Resignation without Cause.

 

You may resign your employment without cause by providing at least thirty days and not more than 60 days advance notice of your intended resignation date.  Upon effective resignation without cause, you shall be paid your salary earned and owing up to the date of resignation and any accrued vacation pay.  Your eligibility for benefits other than earned pay and vacation payout, if any, shall be determined according to then applicable plan documents and applicable law.  You shall not be entitled to severance pay.  Upon receipt of your notice of intent to resign, the Company may terminate your employment at any time prior to the designated resignation date and pay you the balance of what you would have earned according to your base salary, had you continued employment up to the resignation date and any accrued vacation pay.

 

d.             Resignation for Good Reason.

 

You may resign your employment for Good Reason upon the demonstrated occurrence of one or more of the following without your express written consent:

 

1.             Failure of the Company to continue your employment at the position set forth in this Agreement;

 

2.             Relocation of your office to a location that is off the Island of Hawaii;

 

3

 

3.             Substantial and material diminution of your level of authority, duties, or responsibilities within the Company; or

 

4.             The Company’s breach of any material provision of this Agreement.

 

You may not effectively resign your employment for Good Reason unless:

 

(a)           You provide the Company with at least 45 days prior written notice of your intent to resign; said notice stating in sufficient detail the reasons that you believe you have Good Reason to resign;

 

(b)           The Company has not reasonably remedied the stated reasons within 30 business days following receipt of notice; and

 

(c)           Your resignation occurs within one year from the occurrence of the Good Reason event.

 

Upon receipt of your notice of intent to resign for Good Reason, the Company may terminate your employment at any time prior to the designated resignation date and pay you the balance of what you would have earned according to your base salary, had you continued employment up to the resignation date.

 

In the event that you establish by substantial evidence one or more of the above grounds for resignation for Good Reason, and said grounds are not reasonably remedied within the period set forth in Section 4 (b), you shall be entitled to the same severance pay applicable in the event of a termination without Cause, subject to your execution of the same form of waiver and release agreement attached as Exhibit A.

 

e.             Death.  Your employment shall terminate upon your death.  The Company shall pay to your estate your accrued but unpaid salary, and vacation through the date of your death at the rate then in effect.  Any other monies which may be due to your estate shall be determined by pension or welfare benefit plans then in effect in accordance with applicable law.  The Company shall have no further obligation to you, your beneficiaries, or your estate under this Agreement.

 

f.              Disability.  Your employment status may be terminated due to “disability” as defined and explained herein.

 

1.             Your employment status shall terminate if you have a disability that would entitle you to receive benefits under a Long Term Disability Insurance Policy as may be in effect.  Any such termination shall become effective on the first business day after the employee has exhausted any accrued vacation and/or sick leave, when you are eligible to receive payments under such policy (or the first day that you would be so eligible, if you had timely applied for such payments).

 

2.             In the event that the Company has no Long-Term Disability plan in effect:  if (i) you are rendered incapable because of physical or mental illness, impairment or condition from discharging to the reasonable satisfaction of the Company any duty, responsibility or function required by your position for a period of ninety (90) consecutive days following the

 

4

 

employee’s exhaustion of any accrued vacation and/or sick leave, or (ii) a qualified physician chosen by the Company determines that you cannot perform one or more duties, responsibilities or functions because of a physical or mental illness, impairment or condition.  If the Company makes such a determination, it shall have the continuing right and option, during the period that such disability continues, and by notice given in the manner provided under this Agreement, to terminate your employment.  Any such termination shall become effective after the employee has exhausted any accrued vacation and/or sick leave, unless within such time, a doctor selected or approved by the Company, renders a fitness for duty report that confirms your ability to perform competently all of your employment duties, responsibilities and functions.

 

3.             During any period that you fail to perform your duties as a result of incapacity due to physical or mental illness, impairment, or condition, you shall continue to receive your full salary at the rate then in effect until your employment is terminated, provided that payments made to you under this paragraph shall be reduced by the sum of amounts payable to you under disability plans or under the Social Security disability insurance program.

 

This subsection (f) shall be construed in a manner consistent with the requirements of the Americans With Disabilities Act and the applicable Fair Employment Practices laws of the State of Hawaii.

 

3A.          Section 409A Limitations and Compliance for Severance Pay.

 

The severance pay provisions under Section 3.b and 3.d of this Agreement are designed and intended to meet the separation pay plan exception requirements under Section 409A of the Internal Revenue Code of 1986, as amended (“Code”) and shall operate in a manner consistent with guidance issued by the Department of Treasury and the Internal Revenue Service under Section 409A.  In accordance with the separation pay plan exception under Treasury Regulation Section 1.409A-1(b)(9), and notwithstanding any other provision in this Agreement to the contrary, the severance pay under Section 3.b and 3.d shall be subject to the following additional requirements and limitations:  (a) The severance pay shall not exceed two times the employee’s annualized rate of salary based upon the annual rate of pay for the calendar year before the year in which the employee terminates from service or, if less, two times the limit on annual compensation that may be taken into account for qualified retirement plan purposes under Code Section 401(a)(17) (e.g., $245,000 for calendar year 2009).  (b) The severance pay shall be completely paid no later than the end of the second calendar year following the calendar year in which the employee terminates from service.  (c) The employee’s termination from employment by the Company under Section 3.b shall mean an “involuntary separation from service” as defined under Treasury Regulation Section 1.409A-1(n), which provides generally that an involuntary separation from service is a definite and complete termination of employment (e.g., employee is not on a bona fide leave of absence, employee does not continue to work at reduced hours, employee is not immediately reemployed) due to the unilateral decision of the Company (e.g., not due to the request of the employee) as determined based on all the relevant facts and circumstances.  The resignation for Good Reason as described under Section 3.d is deemed to be an involuntary separation from service under the Code Section 409A regulatory guidelines.

 

5

 

4.             Job Title; Description of Duties and Responsibilities.  Your job title is Vice President and Chief Financial Officer.

 

a.             Responsibilities.  Except as limited by this Agreement, you will have the powers and responsibilities of the chief financial officer of an equivalent organization.  The Company will obtain director and officers liability insurance coverage in such amount, in such form and subject to such limitations, exclusions and deductibles as may be acceptable to the Company and made applicable to you as an officer of the Company.

 

b.             Duties.  Your business time, attention, skill and efforts shall be exclusively devoted to the business of the Company; provided, however, that nothing in this Agreement shall preclude you from devoting time during reasonable periods required for:

 

1.             Serving as an officer, director or member of a committee of any not-for-profit organization that does not present a conflict of interest with the Company;

 

2.             Engaging in charitable and community activities, provided that such activities do not materially affect or interfere with the performance of your obligations to the Company.

 

5.             Compensation and Benefits.

 

a.             Salary. Your salary commencing on your Hire Date shall be $120,000.00 to be paid in installments in accordance with procedures in effect at the time this agreement is fully executed.  Your salary shall not be reduced during any term and shall be reviewed annually for adjustment.  Any such adjustments will be deemed a bona fide amendment to this Agreement without the need for a memorandum or similar document evidencing such amendment.

 

b.             Vacation.  You shall be entitled to a reasonable vacation period per year of employment pursuant to the ML Macadamia Orchards, L.P. Vacation Policy in effect on the date this Employment Agreement is fully executed. You shall maintain all vacation benefits already accrued at the time this Employment Agreement is fully executed.

 

c.             Company Automobile.  The Company shall provide for the purchase or lease of an automobile suitable for your position.

 

d.             Flex Benefit Plan.  The Company shall provide a Flex Benefit Plan that includes medical, dental, vision and prescription drug coverage, employee term life insurance (benefit payable is 100% of earnings not to exceed $200,000.00), accidental death and dismemberment, and long term disability coverage with a monthly benefit of 60% of monthly earnings, not to exceed $8,000.00.

 

e.             Defined Contribution Retirement Plan.  The Company shall provide a Defined Contribution Retirement Plan with a Company match of $00.50 (Fifty Cents) for each dollar of employee contribution up to 4% of salary.

 

f.              Sick Leave. You shall be entitled to a reasonable sick leave based on the ML Macadamia Orchards, L.P. Sick Pay Plan in effect at the time this Employment Agreement is fully executed. You shall maintain any and all sick leave benefits already accrued at the time this Employment Agreement is fully executed.

 

6

 

g.             Incentive Program. You are entitled to continue your participation in the ML Macadamia Orchards, L.P. Management Incentive Plan and maintain any benefits that you have already accrued.

 

h.             Miscellaneous Benefits.  The company shall continue all other miscellaneous benefits in effect at the effective date of this Agreement, including Business Travel Accident Insurance, Annual Physical Examination, annual bonus program and all other miscellaneous benefits in existence as of the effective date of this Agreement.

 

The Parties intend that the value of the benefits provided shall meet or exceed the value of benefits provided to you by the Company immediately preceding your execution of this Agreement.  The Company reserves the right to change benefit policies or providers, provided that the aggregate monetary value of such benefits, after tax, shall not be less than those in effect under this Agreement. The interpretation and administration of plan benefits shall be governed by the plan documents.

 

6.             Confidentiality.  Except as required by law, neither this Agreement or any part of its contents shall be disclosed to third parties.

 

7.             Nondisclosure and Non-competition.

 

a.             Certain Definitions.  The following terms are defined as follows:

 

1.             “Confidential Information” means any information both written and oral relating to the business operations of the Company that is not generally known to persons engaged in a business similar to that conducted by the Company.

 

2.             “Company Business” includes all activities relating to the production, marketing and sale of macadamia nuts and related products and services.

 

b.             Nondisclosure of Confidential Information.  You shall hold in a fiduciary capacity for the benefit of the Company concerning all Confidential Information, which shall have been obtained by you during your employment with the Company and you shall use such Confidential Information solely within the scope of your employment and for the exclusive benefit of the Company.  At the end of your employment you agree (i) not to communicate, disclose or otherwise make available to any person or entity such Confidential Information, except upon prior written authorization of the Company or as may be required by law, and (ii) to deliver promptly to the Company any Confidential information in your possession, including the duplicates thereof and any notes or records with respect thereto.

 

In the event that applicable law or legal process requires disclosure of Confidential Information, you shall give the Company prompt prior notice of such required disclosure to provide the Company with a reasonable opportunity to contest or seek appropriate protective remedies in connection with such disclosure.

 

7

 

8.             Limited Covenant Not to Compete.

 

During the term of this Agreement, including any extensions:

 

(a)           You shall not, directly or indirectly, for yourself or others, own, manage, operate, control, be employed by, engage or participate in, or allow your skill, knowledge, experience or reputation to be used by, or otherwise be connected in any manner with the ownership, management, operation or control of any company or other business enterprise engaged in any aspect of the Company’s Business.

 

(b)           You shall not call upon any Company customer or potential customer for the purpose of soliciting, diverting or enticing away the business of such person or entity, or otherwise disrupting any previously established relationship existing between such person or entity and the Company.

 

(c)           You shall not solicit, induce, influence or attempt to influence any supplier, lessor, licensor, Company employee or any other person who has a business relationship with the Company to discontinue or reduce the extent of such relationship with the Company; and

 

9.             Entire Agreement.  This instrument contains the entire agreement of the parties with respect to all matters pertaining to your employment with the Company.  This Agreement supersedes and terminates all prior agreements and understandings between the parties concerning your employment.  Except with respect to Section 5(a) of this Agreement, any modification of this Agreement shall not be effective unless contained in a writing expressly identifying it as a modification or amendment and signed by you and an authorized representative of the Board.

 

10.           Severability.  Each provision of this Agreement shall be considered severable such that if any one provision or clause conflicts with existing or future applicable law, or may not be given full effect because of such law, this shall not affect any other provision of the Agreement which shall remain in full force and effect.  All surviving clauses shall be construed so as to effectuate the purpose and intent of the parties.

 

11.           Governing Law and Interpretation.  This Agreement shall be governed by and construed in accordance with the laws of the State of Hawaii, except that the parties disavow any doctrine to the effect that ambiguities in a written instrument are construed against its drafter.  Further, the words of this Agreement shall be interpreted according to their common meaning.

 

12.           No Waiver.  No waiver on any provision of this Agreement shall be valid unless it is in writing and signed by the person against whom it is sought to be enforced.  The failure of any party at any time to insist on performance of any term, condition or covenant contained in this Agreement shall not be construed as a waiver or relinquishment of the right to insist on strict performance of the same term, condition or covenant at any future time.

 

8

 

13.           Voluntary and Knowing Agreement.  You represent that you have read and understood the terms of this Agreement, had an opportunity to ask questions and to review this Agreement with legal counsel of your choice, are not relying on the advice of the Company, and voluntarily sign this Agreement.

 

Notice.  All notices required under this Agreement shall be in writing and shall be deemed to have been completed when delivered by United States certified or registered mail to the addresses below, or by personal hand-delivery.

 

	
To   The Company:
    	
 
    	
To   You:
    
	
 
    	
 
    	
 
    
	
ML   Macadamia Orchards, L.P.
   Attn. Human Resources
   26-238 Hawaii Belt Road
   Hilo, Hawaii 96720
    	
 
    	
Wayne   W. Roumagoux
   P.O. Box 127
   Volcano, Hawaii 96785-0127
    

 

Disputes (Mandatory Arbitration)

 

A.            Employment-Related Claims.  This Provision applies to any claim between you and the Company arising out of or relating to or concerning any aspect of this Agreement, your employment with the Company, the termination of that employment, or your compensation or benefits from the Company.  Both you and the Company are equally bound to arbitrate all disputes arbitrable under this Agreement.

 

B.            Mandatory Arbitration.  You and the Company agree that any claim or dispute that you or the Company may have in connection with this Agreement or your employment shall be resolved by binding arbitration in Honolulu, Hawaii.

 

C.            Definition of claim.  “Claim” means any cognizable cause of action recognized at law.  This includes statutory, administrative and common law claims. Workplace problems, such as personality conflicts, management style, or asserted unfair treatment, that do not state a cognizable legal claim, are not arbitrable.

 

D.            Procedure.  Except as modified by this Arbitration Agreement, the Arbitration Rules, Procedures and Protocols of Dispute Prevention & Resolution, Inc., located in Honolulu, Hawaii, as may be amended from time to time, shall apply.  All claims shall be decided by one arbitrator.  In the event that the above entity dissolves or otherwise ceases to operate or provide arbitration services, the arbitration will be governed by the rules set forth in the Hawaii Uniform Arbitration Act then in effect. With regard to claims requiring initiation of investigations by administrative agencies such as the Hawaii Civil Rights Commission or the Equal Employment Opportunity Commission, this Agreement will not apply until such time as the agency finds cause to believe that discrimination or other unlawful activity occurred; or a notice of right to sue or similar document is issued by the applicable agency.

 

E.             Arbitrator Authority.  Notwithstanding any law to the contrary, the Arbitrator’s power is limited to deciding those legally cognizable claims expressly stated in the request for arbitration and to providing those remedies that a court or administrative agency would be empowered by law to order, in accordance with the burden of proof prescribed by law.

 

9

 

F.             Arbitration Costs and Attorneys’ Fees.  You shall not be required to pay administrative fees in excess of the fees (if any) that would have been incurred by you had the arbitrated dispute(s) been litigated in state or federal court or before a state or federal agency.  The Company will be responsible for all administrative fees exceeding such amount.  The Company will also be responsible for paying the arbitrator’s fees.  The types of costs for which you may be responsible include, without limitation, filing fees, deposition costs, service of process costs, witness fees and transcript costs.  The prevailing party in the arbitration is entitled to recover such actual costs and attorneys’ fees as would be available under applicable law had the claim been adjudicated by a court or agency.

 

G.            Federal Arbitration Act.  This arbitration agreement is entered into pursuant to the Federal Arbitration Act, 9 U.S.C. §§1 et. seq. and shall be construed in accordance with that law.

 

	
 
    	
 
    	
 
    
	
IT IS SO AGREED:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
ML Macadamia Orchards, L.P.
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
/s/ Dennis J. Simonis
    	
 
    	
 
    
	
By: 
    	
Dennis J. Simonis
    	
 
    	
/s/ Wayne W. Roumogoux
    
	
    Its 
    	
President
    	
 
    	
Employee
    
	
October 27, 2009
    	
 
    	
October 27,   2009
    
	
Date
    	
 
    	
Date
    
					

 

10

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00186-of-00352.parquet"}]]