Document:

Exhibit 10.73

 

O-Bank Co Ltd. 

Letter of Credit Approval 

 

O-Bank Co Ltd. (the “Bank” or “Creditor”)
has duly reviewed the application of China United Insurance Service, Inc. (the “Company” or “Credit Receiver”)
for a credit facility or other business transactions, and agrees the following. Please provide the resolution adopted by the Company’s
Board of Directors and all other necessary documents required by the Bank, and subsequently sign the Facility Agreement (credit
agreement) with the Bank.

 

	Credit Receiver: CHINA UNITED INSURANCE SERVICE, INC.  
	Credit Number: 201790065	Credit Limit: Short-Term Unsecured Comprehensive Credit USD 1,500,000.00
	Purpose of Borrowing: Funding Business Operations 	Duration of Credit: June 22, 2017 to June 21, 2018 
	Utilization: Revolving Basis 	Principal Repayment: Payable Upon Maturity
	Interest Repayments: Payable Monthly 	Joint and Several Guarantor: Law Insurance Broker Co. Ltd.
	Utilization; Drawdown Deadline: If drawdown is permitted in single, multiple, or revolving installments, the deadline for administering each drawdown shall be the 180th day following the commencement date of the credit.  
	Collateral: Law Insurance Broker Co. Ltd. to pledge TWD certificate of deposit equal to at least one hundred percent (100%) of the sum of credit limit with the Bank. 
	
        Other Provisions:

         
	
        ·  
        Duration of Credit: 12 months

        ·  
        Interest Rate: 

        -       Other Method: According to the Bank’s daily cost of funds + 0.5%

        ·  
        Interest Rate Adjustment: Floating rate

        ·  
        Commitment Fee: No

        ·  
        Upfront Fee: No

        ·  
        Repayment Method: Payable upon each maturity date

        ·  
        Interest Payments: Payable monthly

        ·  
        Miscellaneous:

        -       Loan-to-value must be 90% of the TWD certificate of deposit

        -       Exchange rate is the closing exchange rate of the previous day

        -       Collateral maintenance ratio shall be 110%, if the ratio falls to 105%, the Bank will send written notification to the Company,
        and the Company shall, within 5 business days upon the receipt of the notification, repay the principal amount or provide acceptable
        collateral (such as TWD or USD deposits) to raise the collateral maintenance ratio to 110%

	Special Provisions:	All business/transactional fees will be determined by the Company and the Bank on a case by case basis at the time of  each separate drawdown application.
	Credit Type	
        Credit Limit

        (In Thousands)
	Duration of Credit	Rates (%)	Interest Rates	Other Provisions
	Index Rate	Bonus Rate
	Short-Term Loan	1,500	12 months	See Other Provisions	See Other Provisions

 

     

     

    

 

General Provisions:

 

		1.	The Bank’s base rate is defined as the Central Bank of Taiwan rediscount rate + the Bank’s operation cost bonus.
The Bank’s base rate is adjusted and announced by the Bank on:

 

		a.	The first business day immediately following the change in Central Bank of Taiwan rediscount rate.

		b.	July 10th of each year (when the Bank’s operation cost bonus is adjusted each year).

		c.	If the adjustment date falls on a weekend or holiday, the adjustment will be postponed to the first business day immediately
following the purported adjustment date and that date will be deemed the adjustment date with respect thereto.

 

If an event of Force Majeure occurs that results
in the Bank’s base rate to deviate from the market rate, the Bank reserves the right to adjust the structure of the base
rate; on the condition that the Bank obtains the permission from the Central Bank of Taiwan, and that at least 10 days prior to
that change, the Bank first publishes such change at the Bank’s business locations and its website.

 

		2.	For short, medium, and long term loans in TWD, the interest amount is calculated based on the actual number of days the principal
balance is outstanding. The interest amount equals the outstanding principal balance multiplies by the annual rate, and then being
divided by 365 (or 366 for leap year).

 

		3.	The Bank’s “Collateral Valuation Policies” has been revised in accordance to Article 27 of “Credit
Granting Guidelines for the Members of the Bankers Association of The Republic Of China (BAROC)” rectified by the Financial
Supervisory Commission of Taiwan. At the time of utilization, the Bank reserves the right to reduce the previously agreed upon
loan-to-value by 5% if publicly traded corporate stock is provided as the collateral of this Credit by a director, supervisor,
substantial shareholder of over 10% shareholding or its affiliate (the “Specific Person”) of the issuing company with
the share pledge ratio exceeding 50%. If corporate stock of a listed financial institution or financial holding company is provided
as the collateral, the Bank reserves the right to reduce the previously agreed upon loan-to-value by 5% for any Specific Person,
whether the share pledge ratio exceeds 50% or not.

 

     

     

    

 

		4.	If the indebtedness owed by the Company to the Bank, or any of the Company’s deposits with the Bank are attached by the
court upon another creditor’s petition for compulsory execution, and the Bank has been notified by the execution court of
an freezing order, an execution order, an transfer order or payment referral order, the Bank reserves the right to accelerate the
repayment term of any and all indebtedness, corresponding to those mentioned on the aforementioned orders, of the Bank to the Company
prior to its maturity date. The Bank may further set off those amounts.

 

		5.	Any person holding a receipt, or certificate of custody issued by the Bank to the Company, or the Company’s seal, are
regarded as agents of the Company and may go the Bank to request for the return or replacement of the collaterals, unless the Bank
knows or has reasonable grounds to know that aforementioned person is not authorized to do so.

 

		6.	The Bank may examine, inspect, or take custody of the collaterals of the Company for the purpose of business operation or protection
of the Bank’s rights.

 

		7.	The Company hereby confirms that it has carefully read and considered all provisions set forth in this Letter of Credit Approval.
This Letter of Credit Approval is in duplication. The Company and the Bank shall hold each one of the original copies.

 

O-Bank Co Ltd. (Taipei 4th Branch) (seal)

Branch Manager: Yi-Liang Lin

Business Address: No.99,
Sec. 2, Tiding Blvd., Neihu Dist., Taipei City 114, Taiwan (R.O.C.)

 

China United Insurance Service, Inc. (seal)

Authorized Representative: Yi-Hsiao Mao (seal)

Business Address: 5th Floor, No. 311 Section 3, Nan-King
East Road, Taipei City, Taiwan (R.O.C.)

 

Date: September 25, 2017Exhibit 10.74

 

Far Eastern International Bank

 

Credit Terms / Financial Transaction
Terms Agreement (exclusively for corporate finance purpose)

 

Customer: CHINA UNITED INSURANC SERVICE, INC. 

Agreement No.:

Credit Line: US $2,000,000.00 

Term of Agreement: September 21st, 2017 to September
21st, 2018 

 

Regional Supervisor: Business Supervisor:
Handling Officer:

 

This Agreement is made by and between the
following parties:

 

China United Insurance Service, Inc.
(the “Customer”)

 

Far Eastern International Bank Co.,
Ltd. (including the headquarter and its branches) (“FEIB”)

 

The Customer applies for loan / financial
transaction service to FEIB with the joint and several guarantor (“Guarantor”, Guarantor shall sign the guarantee
agreement ). The Customer has requested and has further signed a x
Comprehensive Credit Facilities Master Agreement /  ̈ Comprehensive Financial
Transaction Agreement. The Customer and Guarantor agree that aforementioned master agreement provides the general terms and
conditions governing the loan / financial transactions between the Customer FEIB, as well as governing the joint and several
guarantee provided by Guarantor. The Customer also agrees that without violating the nature of the transactions contemplated
by this Agreement and applicable laws and regulations of the competent authority of FEIB, FEIB may, upon the application of
the Customer, exchange New Taiwan Dollars for foreign currency in the equivalent amount and vice versa for disbursement of
loans, at the spot selling rate then posted by FEIB as the exchange rate unless otherwise stipulated, while the relevant
terms and conditions of the loan / financial transactions and that of the Guarantee shall be in accordance with this
Agreement. Now, therefore, the parties hereby agree as follows. However, if FEIB does not approve the commitment fees or
fails to receive the approved commitment fees on schedule, or the creditworthiness of the Customer deteriorates or is likely
to deteriorate, FEIB may cancel any undrawn amount at any time and the Customer shall raise no objection.

 

    	 

     

    

 

Loan / Financial Transaction Terms and Conditions (for the purposes
of this section, “the Bank” refers to FEIB):

 

	
        I. Credit Type and Facility

        Short Term Loan of US$_2,000,000, including the limits
        for the following items:

        a.     
        Short-Term Loan: US$_2,000,000.

        b.     
        Short-Term Collateral Loan: US$_2,000,000.

         

        II. Tenor

        1. Duration of Credit granted is
        a year commencing from the date of the agreement.

        2. Utilization shall be made within
        one year commencing from the date of the agreement.

        3. Each utilization shall be repaid within 180 days.

         

        III. Interest Rates

        1. With respect to US Dollars, interest rate shall be LIBOR
        for a period equal to the term of the utilization or the next longer tenor for which rates are quoted, plus 1.3%, OR, shall be
        TAIFX3 for a period equal to the term of the utilization or the next longer tenor which rates are quoted, plus 1.25%, whichever
        rate is higher, with margin to be adjusted twice every three months and may be

         

        2. With respect to other currencies, they will be negotiated
        on a case-by-case basis based on the Bank’s funding cost.

         

        IV. Utilization

        Utilized on a revolving basis.

         

        V. Repayment

        Interest is paid monthly and the principal shall be repaid upon
        maturity.
	
        VI. Joint and Several Guarantor

        Law Insurance Broker Co. Ltd. shall provide joint and several
        guarantee.

         

        VII. Promissory Note evidencing the Facility

        The Borrower(s) and the joint and several guarantor shall co-issue
        a promissory note in the amount of the facility extended hereunder and deliver same to the Bank.

         

        VIII. Security

        1.     
        Request for O/S 100% of same currency reserved account deposit, or O/S 110% of different currency reserved account deposit,
        or certificate of deposit with the Bank as the Borrower’s pledge.

        2.     
        Request for O/S 100% same currency certificate of deposit with the Bank as the Borrower’s pledge.

         

        IX. Miscellaneous

        1.     
        Provide monthly exchange rate review of different currency deposit (based on the closing exchange rate of the review day).
        If the value of foreign currency certificate of deposit falls below 95%, the difference shall be repaid in full within 5 business
        days into the reserved account or certificate of deposit pledge account or the Borrower shall repay the portion of loan with insufficient
        security.

         

        2.     
        Any matter not covered herein shall be resolved by reference to the Bank’s credit line related policies.

         

        (The rest of the page is left blank)

 

    	 

     

    

 

	Date of verification	Place of verification	
        Verified by

        (signature)

	September 21, 2017	5F., No.311, Sec. 3, Nanjing E. Rd., Songshan Dist., Taipei City 105,	Yan Ru Huang(signed) 
	September 21, 2017	5F., No.311, Sec. 3, Nanjing E. Rd., Songshan Dist., Taipei City 105, Taiwan (R.O.C.)	Yan Ru Huang(signed)
	 	 	 
	 	 	 
	 	 	 
	 	 	 

 

Signed by:

 

Bank: 

Far Eastern International Bank (seal)

 

 Customer:

China United Insurance
Service, Inc. (registered seal)

Legal Representative: /s/ Yi-Hsiao
Mao

Address: 7F.,
No.311, Sec. 3, Nanjing E. Rd., Songshan Dist., Taipei City 105

 

Customer and Guarantor:

Law Insurance Broker Co. Ltd. (registered seal)

Legal Representative: /s/ Shu-Fen Lee

Address: 5F., No.311,
Sec. 3, Nanjing E. Rd., Songshan Dist., Taipei City 105, Taiwan (R.O.C.)

 

 

Note 1: If a party to this Agreement is
a minor or other person without full legal capacity, this Agreement shall be signed in person by his legal representative.

 

Note 2: For the purposes of this Agreement,
the Guarantor refers to a person providing security other than in the form of such negotiable securities as stocks, bonds, certificates
of deposit, or beneficial certificates. Persons providing security in the form of such negotiable securities as stocks, bonds,
certificates of deposit, or beneficial Certificates shall submit a security provision agreement as required.

 

Note 3: For the resolution of disputes
and avenues of complaints arising out of this Agreement, please refer to the FEIB website.

 

 

Date: September 21, 2017

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00280-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00280-of-00352.parquet"}]]