Document:

Machinery Loan Facility of THB200 million offered by Bank Thai (Public) Co. Ltd

 Exhibit 4.9 
  

TRANSLATION 
  
 BANKTHAI PUBLIC COMPANY LIMITED 
  
 Date                      
  
 TO: President of BANKTHAI PUBLIC COMPANY LIMITED 
  

															
	 	 	{	 	_____________________________________	 	}	 	 	 	{	 	}	 	 
	 We
	 	 	  
 DSG International (Thailand) Company Limited
 ___________________________________
	 	 	Age	 	 	 	Year
	 	 	 	 	 	 	 	 	 	 	 

  
 Ethnic Origin:
                     Nationality : Thai Occupation: Operator of trading. Residing at the House No. 448/11 on Lard Prao Road, Lard Prao
Sub-district, Lard Prao District, Bangkok Metropolis. Telephone                     . Deposit Account
No.                    , wish to apply for a loan from the Bank in the amount of 200,000,000 (Two Hundred Million Baht) for a
period of 8 years to be used for payment of the costs of machinery. 
  
 [According to the Memorandum of Understanding annexed to the Agreement] 
  
 We agree to pay interest to the Bank at the rate of                      per annum. And we agree to allow the
Bank to collect fees and various incidental expenses by debit from our Account or debit from the fund paid to us by the Bank. 
  
 We have a security as follows:
                                        
                      
  
 According to the Memorandum of Understanding annexed to the Agreement. 
  
 _________________________________________________________________________________________________________ 
  
 _________________________________________________________________________________________________________ 
  
 _________________________________________________________________________________________________________ 
  

									
	 	 	{	 	DSG International (Thailand) Company Limited	 	}	 	 
	Signed	 	 	___________________________________	 	 	Applicant
	 	 	 	 	 	 	 

  

			
	Explanation	  	Order

 

 
  
  

 TRANSLATION 
  
 Agreement No             
  
 BANK THAI (PUBLIC) COMPANY LIMITED 
  
 THE LOAN AGREEMENT 
  
 Done at Bank Thai (Public) Company Limited 
  
 Date          Month
         Year          
  

					
			
	We	 	{	 	 DSG International (Thailand) Limited, Registration No. 1336/2537, of Thai nationality
(Name of juristic person)
 Represented by
                                        
        the authorized person
                                       
   aged          year, of         ethnicity            nationality
(Name
of natural person)

  
 Having office/address located at No.
448/11 Village No              on Soi Lardprao 53 (Chokchai 4), Lardprao Road, Lardprao Sub-district, Lardprao District, Bangkok Metropolis, being the owner of the type of Deposit
Account              Account No              Name of the Account
                     with Bank Thai (Public) Company Limited, Office/Branch
                                 hereinafter shall be referred to as the
“BORROWER”, enter into this Agreement in favour of the Bank Thai (Public) Company Limited, hereinafter shall be referred to as the “LENDER” to witness as follows: 
  
 Clause 1. The Borrower has obtained the loan in the amount of 200,000,000 (Two Hundred Million Baht) and the
Borrower has already received the amount of the loan under this Agreement in full. 
  
 [according to the Memorandum of Understanding annexed to the Agreement] 
  
 Clause 2. The Borrower agrees to pay interest on the said loan amount pursuant at the rate of          per annum (currently is equal to
         per cent per annum). The interest is payable on monthly basis on the day specified in Clause 3 at the Lender’s place of business and during the Lender’s business hours. But if the
specified due date for payment of interest falls on the Lender’s holiday, the interest payment shall be postponed to the next business day. And the Borrower hereby agrees that if the Lender makes an announcement on the revised rate of interest
in keeping with the existing financial condition or as the Lender shall deem fit. The Borrower agrees to allow the Lender to charge interest according to newly revised interest rate in this Agreement as announced by the Lender from effective date
immediately without prior consent of or notice to the Borrower. 
  
 The Borrower agrees that whenever the Lender has revised its interest rate, the Borrower shall arrange for the Mortgagor to register the revised interest rate in the Security Mortgage Agreement immediately. [According to the Memorandum of
Understanding annexed to the Agreement.] 
  
 Clause 3. The
Borrower agrees to complete the payment of debt and interest to the Lender not later than date          month          year
         by installment as follows: 
  
 3.1 To pay the principal sum plus interest by installment at 1 month interval of not less than (            Baht). The first installment is
payable by the Borrower within date          month              year          until the
debt payment is made in full. 
 

 
  
  

 3.2 To make payment of the principal sum by installment each of not less than
                     (             Baht) at
                 month(s) interval. The first installment shall be payable within date          month
             year          while the interest is payable monthly separately on every last day of the month until the payment is made in
full. 
  
 3.3
                                        
                                        
                                        
                         
  
 According to the Memorandum of Understanding annexed to the Agreement.
                                        
                                        
                                        
                                        
                                        
                 
  
 __________________________________________________________________________________________________________ 
  
 __________________________________________________________________________________________________________ 
  
 The Borrower agrees to permit the Lender to debit the money from the type of Account
             Account No.             , which money the Borrower has deposited with the Lender at Office/Branch
                                 for payment of debt under this Agreement in the
amount and according to the terms of payment to be made by the Borrower by installment to the Lender under the debt is paid in full without notice to the Borrower of each and every debit of the account. 
  
 The period of time for payment of the loan mentioned above shall not be
prejudicial to the Lender to demand that the Borrower make pre-payment of debt under the Agreement either in whole or in part as the Lender shall deem fit. 
  
 Clause 4. If the Borrower shall default on any particular installment of payment either in respect of the principal sum or interest according to
the amount and time specified in Clause 3, the Borrower further agrees to hold that the default on repayment has been for every installment of repayment and further agrees to allow the Lender the charge the maximum interest rate of the Lender that
is chargeable to the loan customer as announced by the Lender (currently the interest rate is 15.00 per cent per annum) immediately or as the Lender may deem fit until such time the Borrower shall have made the repayment of loan debt
to the Lender in full. 
  
 Clause 5. The borrowing and the
lending under this Agreement besides having to be subject to every clause of this Agreement, the Borrower agrees that the borrowing and the lending shall also be in accordance with the law and custom of commercial banks. And if the Borrower has had
the arrears of interest payment not less than 1 year, whether the Lender shall have served notice of demand for repayment or not, the Borrower agrees to add the arrears of interest to the original principal sum compound upon which further interest
shall be charged immediately. 
  
 Clause 6. If the Borrower
has been in breach of any particular clause of this Agreement, the Borrower agrees to allow the Lender to demand for repayment of the outstanding debt of principal sum and accumulated interest immediately, although the repayment of debt is not yet
due as specified in clause 3 of this Agreement; and the Borrower agree to pay for damages, which the Lender shall have suffered as a result of the breach of agreement by the Borrower including expenses incurred in connection with the dunning for
payment, starting legal proceedings and legal execution until such time the debt shall be settled in full. 
  
 Clause 7. It is the duty of the Borrower to make enquiry by itself about the total amount of debt due payable. If the Borrower shall neglect, the
Borrower agrees to hold that the total debt amount shown outstanding in the Borrower’s Account is the correct total debt. If the Lender shall make dunning demand for payment, a number of communication letters, dunning demands or notices or any
other letters to be delivered to the Borrower, whether or not, sent by registered or unregistered mail or delivered by hand, if sent to the location or place specified in this Agreement, shall be held to have been duly delivered to the Borrower
without regard 
 

 
  
  

 that it is actually received by a person present at the said address or not. And if undelivered by reason of the change
in or dismantlement of the said location or address without written notice to the Lender from the Borrower or undelivered because the location or address mentioned above cannot be found, it shall be held that the Borrower has duly acknowledged and
received the Lender’s letter of communication, demand letter, notice or any other letter. 
  
 Clause 8. For the cost of duty stamp to be affixed on the Agreement including fees and every kind of duties levied on registration of a legal act as a security against the payment of debt and redemption (if
any), the Borrower agrees to unilaterally defray such costs. 
  

	
	 Clause 9. As a security against the performance of this Agreement, the Borrower agrees to
deliver:                                      
  

	according to the Memorandum of Understanding annexed to the Agreement
-                                       
                                        
     
	______________________________________________________________________________________________________________________________
	______________________________________________________________________________________________________________________________
	______________________________________________________________________________________________________________________________
	to be held by the Lender as security until such time the Lender shall have received the payment of debt in full.

  
 In the case of
mortgage is made as a security, if the Lender shall enforce the foreclosure of the mortgage to be auctioned off, the proceeds so obtained is not sufficient to settle the debt or if the Lender accepts the foreclosed property and the price of the
mortgaged property is less than the outstanding debt, the Borrower further agrees to pay to the Lender the deficit amount of debt in full charged to the Borrower’s property. 
  
 The Borrower having thoroughly read and understood the contents of this Agreement confirm it to be correct. To witness, it
has affixed the signature in the presence of witnesses on the date, month and in the year as shown above. 
  

			
	         DSG International (Thailand), Ltd.

	
	 Signed
                                        
         Borrower

	           (                            
                        )

	
	 Signed
                                        
         Witness

	           (                            
                        )

	
	 Signed
                                        
         Witness

	           (                            
                        )

	
	 Signed                                     
             Witness/typist

	           (Mr. Pongchan Cuayboonchoom)

 

 
  
  

 TRANSLATION 
  
 MEMORANDUM OF UNDERSTANDING ANNEXED TO THE LOAN AGREEMENT 
 DSG INTERNATIONAL (THAILAND) LIMITED 
  
 Done at Bank Thai (Public) Company Limited 
  
 Date
                                       
                            
  
 Whereas DSG INTERNATIONAL (THAILAND) LIMITED, having the office located at No. 448/11 on Soi Lardprao 53 (Chokchai 4),
Lardprao Road, Lardprao Subdistrict, Lardprao District, Bangkok Metropolis, hereafter shall be referred to as “BORROWER”, has entered into a loan agreement with Bank Thai (Public) Company Limited, hereinafter shall be referred to as
“LENDER”, for the amount of 200,000,000 (Two Hundred Million) Baht, under the Loan Agreement dated                     . The
Borrower agrees and represents that prior to the drawing down of the loan and/or throughout the period in which the Borrower is indebted to the Lender, the Borrower shall comply with the terms and conditions as follows: 
  

	 	1.	Conditions on drawing down the loan 

  
 The Borrower agrees to draw down the loan upon having already signed and delivered to the Lender a Machinery Pledge Agreement as a security pursuant to
sub-clause 4.2 and the Borrower shall undertake to complete the registration of the pledge of the said machinery within 6 months of the date of the loan draw-down. 
  

	 	2.	Interest rate 

  
 The Borrower agrees to pay interest on loan once a month for every month on every last business day of the month until the debt is paid in full as
follows: 
  

	 	2.1	For year 1 to year 3, the rate of interest is BT’S MLR minus 1 per annum. 

  

	 	2.2	For year 4 to year 8, the rate of interest is BT’S MLR per annum. 

	 	 	(On the date of signing the Loan Agreement, the interest rate BT’S MLR is equal to              per
cent per annum.) 

  

	 	3.	Term and Conditions of Payment 

  

	 	3.1	The Borrower agrees that it shall complete the payment of the loan under this Agreement within 8 years with effect from the date of the first loan draw-down.

  

	 	3.2	The Borrower shall apply for a 1-year of grace period with effect from the date of the first loan draw-down while making payment of interest within the end of the month until the
loan debt is paid in full. 

  

	 	3.3	Upon expiration of the grace period pursuant to 3.2 (on the 13th month with effect from date of the first loan draw-down), the Borrower agrees to repay the principal sum of not less than 2,380,000. (Two Million and Three Hundred Eighty Thousand) Baht to the Lender in monthly installment. However,
the Borrower shall complete the repayment of the loan within 7 years with effect from the expiry date pursuant to sub-clause 3.2. The interest payment shall be made separately on monthly basis. 

 

 
  
  

	 	4.	Security 

  

	 	4.1	Mortgage of plot of land under the Land Title Deed No. 36360 located in Bua Loy sub-district, Nong Khae District, Saraburi Province, together with structure existed thereon at this
time and that which shall have constructed thereon in the future by the Borrower. 

  

	 	4.2	To pledge/mortgage 1 set of the Borrower’s machinery together with equipment (diaper manufacturing equipment for adult). 

  

	 	4.3	Advance Medical Supply Co., Ltd., shall act as the guarantor. 

  

	 	5.	Fee 

  
 The Borrower agrees to pay fee to the Lender as follows: 
  

	 	5.1	Prepayment fee at the rate of 2 per cent of the amount of prepayment payable in lump sum amount on the date of making the prepayment except the source of fund has derived from
increase in capital or business operation. 

  

	 	5.2	Front-end fee at the rate of 0.40 of the loan limit of 200,000,000 (Two Hundred Million) Baht amounting to 800,000 (Eight Hundred Thousand) Baht payable in lump sum amount on the
date of first loan drawdown. 

  

	 	6.	Other 

  
 6.1 The Borrower agrees to allow DSG International Limited to retain the ratio of shareholding in DSG International (Thailand) Ltd. (the
Borrower) up to not less than 50 per cent of total share throughout the period of using the line of credit with the Lender unless the Lender shall give its consent otherwise in writing. 
  
 The Borrower agrees and acknowledges that the Memorandum of Understanding annexed to this Loan Agreement shall also form
part of the said Loan Agreement. 
  
 To witness, both parties have
affixed each respective signature and corporate Seal (if there is any) in the presence of witnesses on date, month, year shown above. 
  

			
	             DSG international (Thailand) Limited

	
	         Signed
                                        
     Borrower

	 (By
                                        
                          )

  

			
	 Signed                                     
             Witness    
	 	 Signed                                     
             Witness/Typist

	           (                             
                       )
	 	       (Mr. Pongchan Chuayboonchoom)Construction Loan Facility of THB120 million offered by Bank Thai (Public) Co.

 Exhibit 4.10 
  
 TRANSLATION 
  
 BANKTHAI PUBLIC COMPANY LIMITED 
  
 Date                      
  
 TO: President of BANKTHAI PUBLIC COMPANY LIMITED 
  

															
	 	 	{	 	DSG International (Thailand) Company Limited	 	}	 	 	 	{	 	}	 	 
	WE        	 	 	___________________________________	 	 	Age	 	 	 	Year
	 	 	 	___________________________________	 	 	 	 	 	 	 

  
 Ethnic Origin:
                     Nationality : Thai Occupation: Operator of trading. Residing at the House No. 448/11 on Lardprao Road, Lardprao
Sub-district, Lardprao District, Bangkok Metropolis. Telephone                      Deposit Account No.
                    , wish to apply for a LOAN from the Bank in the amount of 120,000,000 (One Hundred and Twenty Million Baht)
for a period of 8 years to be used for payment of the cost of land, cost of construction of the office building. [According to the Memorandum of Understanding annexed to the Agreement] 
  
 We agree to pay interest to the Bank at the rate of
                     per annum. And we agree to allow the Bank to collect fees and various incidental expenses by debit from our Account or
debit from the fund paid to us by the Bank. 
  

	
	 We have a security as follows:  ____________________________________________________________________________

	According to the Memorandum of Understanding annexed to the Agreement.
                                        
                                       
 
	__________________________________________________________________________________________________________
	__________________________________________________________________________________________________________
	_____________________________________________________________________________________

  

									
	 	 	{	 	DSG International (Thailand) Company Limited	 	}	 	 
	Signed	 	 	___________________________________	 	 	Applicant
	 	 	 	___________________________________	 	 	 

  

			
	Explanation	 	Order

  
 

 

 TRANSLATION 
  
 BANK THAI (PUBLIC) COMPANY LIMITED 
  
 THE LOAN AGREEMENT 
  
 Done at Bank Thai (Public) Company Limited 
  
                                        
                 Date                      Month
             Year                  
  

					
	    We	 	{	 	 DSG International (Thailand) Limited, Registration No. 1336/2537, of Thai nationality
 (Name of juristic person)
 Represented by
                                        
the authorized person
 aged              year, of
                     ethnicity
                     nationality
 (Name of natural
person)

  
 Having office/address located at No.
448/11 Village No              on Soi Lardprao 53 (Chokchai 4), Lardprao Road, Lardprao Sub-district, Lardprao District, Bangkok Metropolis, being the owner of the type of Deposit
Account                      Account No Name of the Account
                                        
with Bank Thai (Public) Company Limited, Office/Branch                      hereinafter shall be referred to as the “BORROWER”,
enter into this Agreement in favour of the Bank Thai (Public) Company Limited, hereinafter shall be referred to as the “LENDER” to witness as follows: 
  
 Clause 1. The Borrower has obtained the loan in the amount of 120,000,000 (One Hundred and Twenty Million
Baht) and the Borrower has already received the amount of the loan under this Agreement in full. [According to the Memorandum of Understanding annexed to the Agreement] 
  
 Clause 2. The Borrower agrees to pay interest on the said loan amount pursuant at the rate of
                                        
per annum (currently is equal to              per cent per annum). The interest is payable on monthly basis on the day specified in Clause 3 at the Lender’s place of business
and during the Lender’s business hours. But if the specified due date for payment of interest falls on the Lender’s holiday, the interest payment shall be postponed to the next business day. And the Borrower hereby agrees that if the
Lender makes an announcement on the revised rate of interest in keeping with the existing financial condition or as the Lender shall deem fit. The Borrower agrees to allow the Lender to charge interest according to newly revised interest rate in
this Agreement as announced by the Lender from effective date immediately without prior consent of or notice to the Borrower. 
  
 The Borrower agrees that whenever the Lender has revised its interest rate, the Borrower shall arrange for the Mortgagor to register the revised interest
rate in the Security Mortgage Agreement immediately. [According to the Memorandum of Understanding annexed to the Agreement.] 
  
 Clause 3. The Borrower agrees to complete the payment of debt and interest to the Lender not later than date
         month          year          by installment as follows: 
  
 3.1 To pay the principal sum plus interest by installment at 1 month
interval of not less than                     
(                    ) Baht. The first installment is payable by the Borrower within date
                     month              year
             until the debt payment is made in full. 
  
 

 

 3.2 To make payment of the principal sum by installment each of not less than
                 (                    ) Baht at
                     month(s) interval. The first installment shall be payable within date
             month              year
            , while the interest is payable monthly separately on every last day of the month until the payment is made in full. 
  

	
	 3.3  __________________________________________________________________________________________________

	According to the Memorandum of Understanding annexed to the Agreement.
                                        
                                       
 
	__________________________________________________________________________________________________________
	__________________________________________________________________________________________________________

  
 The Borrower agrees to
permit the Lender to debit the money from the type of Account                      Account No
                    , which money the Borrower has deposited with the Lender at Office/Branch
                     for payment of debt under this Agreement in the amount and according to the terms of payment to be made by the Borrower
by installment to the Lender under the debt is paid in full without notice to the Borrower of each and every debit of the account. 
  
 The period of time for payment of the loan mentioned above shall not be prejudicial to the Lender to demand that the Borrower make pre-payment of debt
under the Agreement either in whole or in part as the Lender shall deem fit. 
  
 Clause 4. If the Borrower shall default on any particular installment of payment either in respect of the principal sum or interest according to the amount and time specified in Clause 3, the Borrower further
agrees to hold that the default on repayment has been for every installment of repayment and further agrees to allow the Lender the charge the maximum interest rate of the Lender that is chargeable to the loan customer as announced by the Lender
(currently the interest rate is 15.00 per cent per annum) immediately or as the Lender may deem fit until such time the Borrower shall have made the repayment of loan debt to the Lender in full. 
  
 Clause 5. The borrowing and the lending under this Agreement besides
having to be subject to every clause of this Agreement, the Borrower agrees that the borrowing and the lending shall also be in accordance with the law and custom of commercial banks. And if the Borrower has had the arrears of interest payment not
less than 1 year, whether the Lender shall have served notice of demand for repayment or not, the Borrower agrees to add the arrears of interest to the original principal sum compound upon which further interest shall be charged immediately.

  
 Clause 6. If the Borrower has been in breach of any
particular clause of this Agreement, the Borrower agrees to allow the Lender to demand for repayment of the outstanding debt of principal sum and accumulated interest immediately, although the repayment of debt is not yet due as specified in clause
3 of this Agreement; and the Borrower agree to pay for damages, which the Lender shall have suffered as a result of the breach of agreement by the Borrower including expenses incurred in connection with the dunning for payment, starting legal
proceedings and legal execution until such time the debt shall be settled in full. 
  
 Clause 7. It is the duty of the Borrower to make enquiry by itself about the total amount of debt due payable. If the Borrower shall neglect, the Borrower agrees to hold that the total debt amount shown
outstanding in the Borrower’s Account is the correct total debt. If the Lender shall make dunning demand for payment, a number of communication letters, dunning demands or notices or any other letters to be delivered to the Borrower, whether or
not, sent by registered or unregistered mail or delivered by hand, if sent to the location or place specified in this Agreement, shall be held to have been duly delivered to the Borrower without regard that it is actually received by a person
present at the said address or not And if 
  
 

 

 undelivered by reason of the change in or dismantlement of the said location or address without written notice to the
Lender from the Borrower or undelivered because the location or address mentioned above cannot be found, it shall be held that the Borrower has duly acknowledged and received the Lender’s letter of communication, demand letter, notice or any
other letter. 
  
 Clause 8. For the cost of duty stamp to
be affixed on the Agreement including fees and every kind of duties levied on registration of a legal act as a security against the payment of debt and redemption (if any), the Borrower agrees to unilaterally defray such costs. 
  

	
	 Clause 9. As a security against the performance of this Agreement, the Borrower agrees to deliver:
                                       
 

	according to the Memorandum of Understanding annexed to the Agreement -
                                        
                                       
 
	______________________________________________________________________________________________________________________________
	______________________________________________________________________________________________________________________________
	______________________________________________________________________________________________________________________________
	to be held by the Lender as security until such time the Lender shall have received the payment of debt in full.

  
 In the case of
mortgage is made as a security, if the Lender shall enforce the foreclosure of the mortgage to be auctioned off, the proceeds so obtained is not sufficient to settle the debt or if the Lender accepts the foreclosed property and the price of the
mortgaged property is less than the outstanding debt, the Borrower further agrees to pay to the Lender the deficit amount of debt in full charged to the Borrower’s property. 
  
 The Borrower having thoroughly read and understood the contents of this Agreement confirm it to be correct. To witness, it
has affixed the signature in the presence of witnesses on the date, month and in the year as shown above. 
  

			
	         DSG International (Thailand), Ltd.

	
	 Signed
                                        
         Borrower

	           (                            
                        )

	
	 Signed
                                        
         Witness

	           (                            
                        )

	
	 Signed
                                        
         Witness

	           (                            
                        )

	
	 Signed                                     
            Witness/typist

	           (Mr. Pongchan Cuayboonchoom)

  
 

 

 TRANSLATION 
  
 MEMORANDUM OF UNDERSTANDING ANNEXED TO THE LOAN AGREEMENT 
 DSG INTERNATIONAL (THAILAND) LIMITED 
  

	
	Done at Bank Thai (Public) Company Limited
	
	Date                     

  
 Whereas DSG
INTERNATIONAL (THAILAND) LIMITED, having the office located at No. 448/11 on Soi Lardprao 53 (Chokchai 4), Lardprao Road, Lardprao Subdistrict, Lardprao District, Bangkok Metropolis, hereafter shall be referred to as “BORROWER”, has
entered into a loan agreement with Bank Thai (Public) Company Limited, hereinafter shall be referred to as “LENDER”, for the amount of 120,000,000 (One Hundred and Twenty Million) Baht, under the Loan Agreement dated
                     The Borrower agrees and represents that prior to the drawing down of the loan and/or throughout the period in which the
Borrower is indebted to the Lender, the Borrower shall comply with the terms and conditions as follows: 
  

	 	1.	Objective to Use the Loan 

  
 The loan shall be used for payment of the cost of land, cost of the construction of the office building and for the construction work. 
  

	 	2.	Conditions on drawing down the loan 

  
 The Borrower agrees to draw down the loan upon the terms and conditions as follows: 
  

	 	2.1	To draw down the loan of 20,000,000 (Twenty Million) Baht for payment of the cost of land. The Borrower agrees to collect the loan on the date of the registration of the mortgage of
land as security pursuant to sub-clause 5.1. 

  

	 	2.2	To draw down the loan of 100,000,000 (One Hundred Million) for payment of the cost of construction. The Borrower agrees to collect the loan up to 80 per cent of the cost of the
construction work or to full amount of the estimated price but not exceeding 100,000,000 (One Hundred Million) Baht. Each collection of the loan shall be subject to the inspection by the Lender of the result of the construction work and price
estimate as the case maybe. 

  

	 	2.3	Prior to the draw-down of the loan, the Borrower agrees to deliver the Construction Contract to the Lender. 

  

	 	3.	Interest rate 

  
 The Borrower agrees to pay to the Lender the interest on loan once a month for every month on every last business day of the month until the debt is paid
in full as follows: 
  

	 	3.1	For year 1 to year 3, the rate of interest is BT’S MLR minus 1 per annum. 

  

	 	3.2	For year 4 to year 8, the rate of interest is BT’S MLR per annum. 

 (On the date of signing the Loan Agreement, the interest rate BT’S MLR is equal to              per cent per annum.) 
  

	 	4.	Term and Conditions of Payment 

  

	 	4.1	The Borrower agrees that it shall complete the payment of the loan under this Agreement within 8 years with effect from the date of the first loan draw-down.

  

	 	4.2	The Borrower shall apply for a 1-year of grace period with effect from the date of the loan draw-down while making payment of interest within the end of the month until the loan
debt is paid in full. 

  
 

 

	 	4.3	Upon expiration of the grace period pursuant to 4.2 (on the 13th month with effect from date of the first loan draw-down), the Borrower agrees to repay the principal sum in monthly installment within the last business of the month to the Lender of not less than 1,430,000 (One Million Four Hundred
and Thirty Thousand) Baht. However, the Borrower shall complete the repayment of the loan debt within 7 years with effect from the expiry date pursuant to sub-clause 4.2. The interest payment shall be made separately on monthly basis.

  

	 	5.	Security 

  

	 	5.1	A Mortgage of the plot of land under the Land Title Deed No. 36360 located in Bua Loy sub-district, Nong Khae District, Saraburi Province, together with structure existed thereon at
this time and that which shall have been constructed thereon in the future by the Borrower. 

  

	 	5.2	A pledge/mortgage of 1 set of the Borrower’s machinery is made together with equipment (diaper manufacturing equipment for adult). 

  

	 	5.3	Advance Medical Supply Co., Ltd., shall act as the guarantor. 

  

	 	6.	Fee 

  
 The Borrower agrees to pay fee to the Lender as follows: 
  

	 	6.1	Prepayment fee at the rate of 2 per cent of the amount of prepayment payable in lump sum amount on the date of making the prepayment except the source of fund has derived from
increase in capital or business operation. 

  

	 	6.2	Front-end fee at the rate of 0.40 of the loan limit of 120,000,000 (One Hundred and Twenty Million Baht) amounting to 480,000 (Four Hundred Eighty Thousand Baht) payable in lump sum
amount on the date of signing the said loan agreement. 

  

	 	7.	Other Term and Condition 

  

	 	7.1	The Borrower agree to allow DSG International Limited to retain the ratio of shareholding in DSG International (Thailand) Co., Ltd. (the Borrower) up to not less than 50 per cent of
total share throughout the period of using the line of credit with the lender unless the Lender shall give its consent otherwise in writing. 

  
 The Borrower agrees and acknowledges that the Memorandum of Understanding annexed to this Loan Agreement shall also form part of the said Loan Agreement.

  
 To witness, both parties have affixed each respective
signature and corporate Seal (if there is any) in the presence of witnesses on date, month, year shown above. 
  
 DSG International (Thailand) Limited 
  
 Signed
                                        
Borrower 
  
                                        
                           (
By                                        
        ) 
  
 Signed
                                        
Witness            Signed
                                        
Witness/Typist 
                                   (     
                                        
           )                    (Mr Pongchan Chuayboonchoom) 
  
 

 

 TRANSLATION 
  
 APPLICATION FOR RECEIPT OF THE LOAN 
  
 Done at Bank Thai (Public) Company Limited 
  
 Date                      
  
 TO:      President, 
             Bank Thai (Public) Company Limited, 
  
 Whereas, we, DSG International (Thailand) Limited, have entered into a Loan Agreement with Bank Thai (Public) Company
Limited, under the Agreement date                      in the amount of 120,000,000 (One Hundred Twenty Million) Baht; 
  
 We wish to express our intention to the Bank to apply for the draw-down of
the above-mentioned amount of the loan from the Bank in the amount of                     
(                    ) Baht and together with the amount of the loan having been earlier drawn down in amount of
                    
(                    ) Baht, the grand total of the amount of the loan shall be
                    
(                    ) Baht to be drawn on (date)
                    . We therefore request that the Bank to act according to our wish as follows: 
  
 (        ) To credit the amount of
the loan to the Type of Account                      the Account Number
                     Name of the Account
                                        
at Bank Thai (Public) Company Limited, in the amount of                     
(                    ) Baht. 
  
 (        ) To draw a cashier’s cheque totaling
             cheque(s) ordered payable in the name of                     ,
by giving the details as follows: 
  
 Cashier’s cheque No.
1, in the amount of                     
(                    ) Baht; 
  
 Cashier’s cheque No. 2, in the amount of
                    
(                    ) Baht; 
  
 Cashier’s cheque No. 3, in the amount of
                    
(                    ) Baht. 
  
 We do hereby authorize
                                        
to receive the said cashier’s cheques on our behalf. 
  
 ( ) Other (please specify).
                                        
                                        
                                        
         
  
 For the
act done by the Bank according to the wish mentioned above, it shall then be held that we have already received the loan in correct amount from the Bank. In the event of any damage that may have occurred as a result of the acts done by the Bank in
accordance with our wish specified above, we further agree to be held liable to Bank Thai (Public) Company Limited in every respect. 
  
 DSG INTERNATIONAL (THAILAND) LIMITED 
  
 (Signed)
                                        
                                        
     Borrower 
  
 (by
                                        
                                        
      ) 
  
 

 

 TRANSLATION 
  
 LOAN RECEIPT SLIP 
  
 On (date)
                                        
we, DSG International (Thailand) Limited (“Borrower”), have already received correctly and fully the amount of                     
(                    ) Baht from Bank Thai (Public) Company Limited. 
  
 The said money is the amount a loan draw-down under the LOAN AGREEMENT dated
                     entered into by and between the BORROWER and the LENDER as specified in the said Loan Agreement dated
                     
  
 DSG International (Thailand) Limited 
  
 Signed
                                        
             Borrower 
  
                                        
                                     (   
                                        
               )

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