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Asia Green Agriculture Corp.: Exhibit 10.9 - Fied by newsfilecorp.com

Exhibit 10.9

GUARANTEE DEPOSIT PLEDGE CONTRACT OF DOMESTIC LETTER OF CREDIT 

OPENING CONTRACT 

Contract No.: 2011 Jian Ping Song Guo Xin Kai Bao Zhi Zi No. 1-1

Pledger (Party A): Fujian Yada Group Co., Ltd 

Registered Address: Shuinan Industrial Park, Songxi County 

Zip Code: 353500 

Legal Representative (Responsible Person): Zhan Youdai 

Telephone: 0599-2332688 

Fax: 0599-2332598 

Pledgee (Party B): Songxi Branch of China Construction Bank Corporation Ltd. (collectively with Party A, the “Parties”)

Address: No. 121, Jiefang Street, Songyuan Town, Songxi County 

Zip Code: 353500 

Responsible Person: Liu Liquan 

Fax:
0599-2322644 

Telephone: 0599-2324350

Pledger (“Party A”): Fujian Yada Group Co., Ltd 

Pledgee (“Party B”): Songxi Branch of China Construction Bank Corporation Ltd.

Exhibit 10.9

WHEREAS, Party A (or the “Applicant”) applied to Party B for opening Domestic Letter of Credit and signed the Domestic Letter of Credit Opening Contract titled 2011 Jian Ping Song Guo Xin Kai Zi No. 1 (the “Opening
Contract”) with Party B, Party A is willing to provide Party B with guarantee deposit pledge for the account payable under the Opening Contract by the Applicant. According to relevant laws, regulations and rules, Party A and Party B enter into
this contract (the “Contract”) after consultations for common compliance. 

SECTION 1 PLEDGE METHOD

Party A shall provide pledge with the guarantee deposit in the margin account opened at Party B. 

Party A guarantees that there is no dispute over the ownership of the guarantee deposit in the margin account abovementioned. 

SECTION 2 PLEDGE SCOPE

1. The pledge scope is as follows: 

(1) RMB (in words) Three Million under the Domestic Letter of Credit (the “L/C”),  RMB (words) Zero floating amount, fees advanced by Party B under the L/C, the overdue interest, penalty and compensation payable by the L/C
Applicant, the fees and expense payable by the L/C Applicant under the Opening Contract (including but not limited to relevant handling charges, fees of electronic remittance and transfer, miscellaneous expenses, and bank fees that the beneficiary
reject to afford) and the costs of  Party B for the realization of its credits (including but not limited to court fees, arbitration fees, property preservation fees, travel expenses, enforcement charges, assessment fees, auction fees, and etc.).

(2) Party A declares that the underlying Opening Contract of the L/C application has been reviewed and confirmed by Party A, that the underlying Opening Contract is true, reliable, and free from fraud. In the event that Party B suffers damages
arising out of the underlying Opening Contract, Party A shall undertake pledge liability for the debt of the Applicant’s indemnification to Party B. 

Exhibit 10.9

2. If the Applicant fails to repay the account payable, in part or in whole, according to the Opening Contract, Party B shall has the right to request Party A to undertake pledge liability within the pledge scope directly, regardless whether Party B
is provided with any other securities on the claims under the Opening Contract (including but not limited to warranty, mortgage, pledge, guarantee letter, standby letter of credit , credit insurance, trust receipt and so on.) or not. 

SECTION 3 DURATION OF THE GUARANTEE DEPOSIT PLEDGE 

The duration of the guarantee deposit pledge lasts until two years after the expiration of prescription of claims under pledge. 

SECTION 4 AMENDMENT OF L/C AND PLEDGE LIABILITY OF PARTY A

Party A confirms that, in the event that the Applicant and Party B agree to amend the domestic the L/C, and the amount of L/C after the amendment (excluding interests, penalty, compensation and other relevant fees) does not exceed the sum of the
credit and the floating amount under the L/C as provided in Section 2, such amendment would be deemed to have gained the prior consent of Party A regardless of the changes of the amount under the L/C or other provisions. In such cases, this pledge
Contract is still effective and Party A is still responsible for the pledge liability. 

Party A agrees that any tolerance or extension given by Party B to the Applicant does not affect Party B’s performance of pledge liability. 

SECTION 5 INDEPENDENCE OF CONTRACT EFFECTIVENESS 

The effectiveness of this Contract is independent from the Opening Contract and the L/C; the invalidation of the Opening Contract or L/C, in whole or in part, does not affect the effectiveness of this Contract. 

If the Opening Contract or the L/C was confirmed as invalid, Party A would undertake the pledge liability over the debt that the Applicant owned to Party B for restitution of property or indemnification for damages with the guarantee deposit in the
margin account. 

Exhibit 10.9

SECTION 6 MARGIN ACCOUNT

Party A guarantees that it will deposit RMB (in words) Three Million into the margin account it set up at Party B within Three working day from the date of signing of this Contract. Party A shall not draw down, transfer or make
other disposition of the fund in the margin account during the duration of guarantee deposit pledge.

Name of the margin account: Fujian Yada Group Co., Ltd.;

Number of the margin account: 3500167760749668888;

SECTION 7 REALIZATION OF THE PLEDGE 

In the event of any one of the following situations, Party B is entitled to collect corresponding amount from the margin account opened by Party A at Party B: 

(1) The Applicant does not repay the account payable to Party B according to the Opening Contract; If Party A is the Applicant, Party B has the right to collect corresponding amount from the margin account directly when Party A makes external
payment according to the Opening Contract. 

(2) Any other situation agreed in the Opening Contract that Party B can realize its credits in advance. 

Party B shall inform Party A the collection time and amount in written after fulfilling such wiring. 

If the margin account specified in this Contract is frozen or deducted by the judicial department or any other authorities, Party A shall provide other guarantees accepted by Party B within three working days. 

SECTION 8 BREACH OF CONTRACT AND ITS REMEDIES 

Party A agrees that if Party A fails to provide other guarantee accepted by Party B when the margin account specified in this Contract is frozen or deduced by judicial department or any
other authorities, Party B has the right to collect corresponding amount from any other account opened in China Construction Bank by Party A or any other remedy permitted by laws and regulations. 

Exhibit 10.9

SECTION 9 MISCELLANEOUS

1. If Party A or the Applicant fails to comply with the laws, regulations or rules of environmental protection, energy conservation and pollution reduction, or will possibly cause energy consumption and pollution risks, Party B shall have the right
to exercise the security right hereunder in advance and other reliefs stipulated herein or permitted by law. 

2. ______Blank________

SECTION 10 SETTLEMENT OF DISPUTES

Any disputes arising out of or related to this Contract shall be settled through negotiation, in case that no settlement can be reached through such negotiation, the disputes shall be settled by the first of the following methods: 

(1) Instituting legal proceedings in the People’s Court of competent jurisdiction at Party B’s domicile. 

(2) Submitting to (left blank) Arbitration Commission (place of arbitration:  (left blank) ) for arbitration in accordance with the arbitration rules of the Arbitration Commission in force at the time of application. The arbitration award shall be
final, and binding upon both parties. 

During the process of litigation or arbitration, the Parties shall continue to implement this Contract, except for the provisions related to the matters in dispute. 

SECTION 11 EFFECTIVENESS OF CONTRACT

This Contract comes into effect when the following requirements are met: 

1. This Contract is signed or sealed by the legal representative (principal) or authorized agent of Party A (only signature is needed if Party A is a natural person);

Exhibit 10.9

2. This Contract is signed or sealed by the legal representative or authorized agent of Party B; or, If Party B authorizes affiliated department to sign this Contract, this Contract shall be signed and sealed by the principal of this affiliated
department;

3. Party A has deposit the guarantee deposit in the margin account according to Section 6 of this Contract. 

SECTION 12 This Contract is made in four counterparts.

SECTION 13 REPRESENTATIONS AND WARRANTIES

1. Party A is clearly aware of Party B’s business scope and authorized power.

2. Party A has read all provisions of this Contract and the master contract (the Opening Contract),
with special emphasis on the master contract and its provisions in bold. As requested by Party A, Party B has made relevant explanations of the provisions of this Contract and the master contract. Party A has fully learned and understood the meaning
and the corresponding legal consequences of the provisions of this Contract and the Master Contract.

3. Party A has authority to sign this Contract.

Exhibit 10.9

Party A (official seal): Fujian Yada Group Co., Ltd. 

Legal representative (principal) or authorized representative (signature): Zhan Youdai

September 27, 2011 

Party B (official seal): China Construction Bank Corporation, Songxi Branch 

rincipal or authorized representative (signature): Liu Liquan 

September 27, 2011Asia Green Agriculture Corp.: Exhibit 10.10 - Filed by newsfilecorp.com

Exhibit 10.10

Guarantee Contract

 

 

 

Fujian Branch of China Construction Bank

Exhibit 10.10

The contract is entered into by the following parties:

Guarantor (Party A): Please see Article 10 of the contract for details. Creditor (Party B): Please see Article 10 of the contract for details.

	
Article 1  		

SCOPE OF GUARANTEE

	

Please see Article 11 of the contract for details.

	
Article 2	

METHOD OF GUARANTEE

	

Party A shall provide joint responsibility guaranty under the contract.

	
Article 3	

GUARANTEE PERIOD

	

The guarantee period is from the effective date of this Contract and ends two years from the expiration of the debt performance term under the Main Contract (as defined hereinafter). In case Party A agrees to extent the debt performance term, the
guarantee period ends two years from the expiration of the extended debt performance term under the Main Contract. If Party B announces advanced maturity of debts according to the Main Contract, the guarantee period ends two years from the advanced
maturity date of debts announced by Party B. In case the debts under the Main Contract are paid in installments, the guarantee period of each installment is two years from the expiration date of the debt performance term of the last installment.

	
Article 4  		

INDEPENDENCE OF THE GUARANTEE CONTRACT

	

The validity of the guarantee contract is independent from that of the Main Contract. The failure, invalidation, partial invalidation, or cancellation of the Main Contract does not affect the validity of the guarantee contract. If the Main Contract
fails, is invalidated, partially invalidated, canceled or void, Party A shall be jointly responsible for the debtor’s debts due to return of properties or compensation of losses.

	
Article 5  		

CHANGE OF MAIN CONTRACT

	

	 
	 
	 

	 
	
I. 		
Party A agrees to be jointly and severally responsible for the debts under the amended Main Contract, in the event that Party B and the debtor agree to amend the Main Contract provisions in writing (including but not limited to
the repayment currency, repayment method, loan account No., repayment account No., expense utilization plan, repayment plan, value date and settlement date, startup date or expiration date of debts performance term if the term is not extended).
However, if Party B and the debtor have extended the debt performance date or increased credit principal through agreement without Party A’s consent in advance, Party A shall be jointly and severally liable only for the debts according to the
provisions of the Main Contract before the amendment.

	
	 	 	 	 
	 
	
II. 		
Party A’s liability as a guarantor is not reduced or exempted due to any of the following conditions:

	
	 	 	 	 
	 		
(I) 		
Party B or the debtor has undergone change of formality, merging, integration, separation, capital increase/reduction, joint venture, joint business operation and name change;

	
	 	 	 	 
	 		
(II) 		
Party B has entrusted a third party to fulfill its due obligations under the Main Contract.

	

Exhibit 10.10

	 
	
III. 		
In case of invalidation, cancellation or voidance of any transfer of debts or credits under the Main Contract, Party A shall continue to be jointly and severally responsible as a guarantor for Party B according to this
Contract.

	

	 
	 

	
Article 6  		

GUARANTORS’ LIABILITIES

	

	 
	 
	 

	 
	
I. 		
Party A shall be jointly and severally liable within the scope of guarantee, if the debts under the Main Contract are due or Party B announces advanced maturity of debts according to the Main Contract or laws, the debtor fails to
fulfill in full amount and in a timely manner, or the debtor breaches other provisions of the Main Contract.

	
	 	 	 	 
	 
	
II. 		
Whether Party B has other guarantee of credits under the Main Contract (including but not limited to various guaranty methods such as guaranty, mortgage, pledge, guaranty letter and standby L/C), whether the guaranties are valid
and established, whether Party
B claims its right to other guarantors, whether any third party agrees to be
liable for total or partial debts under the Main Contract, and whether other
guaranties are provided by the debtor, Party A’s liabilities as a guarantor
under this Contract will not be reduced or exempted. Party B can directly
require Party A to be liable within the scope of its guarantee according to this Contract; and Party A cannot raise any objections.

	
	 	 	 	 
	 
	
III. 		
If Party A only provides guarantee for a part of the debts under the Main Contract, Party
A agrees that even if the debtor repays part of the debt, or Party B partially exercises its right under other guarantees, or the debt was partially paid by other means, Party A will be responsible within the scope of the guarantee
for the unpaid debt.

	
	 	 	 	 
	 
	
IV. 		
If Party A only provides guarantee for part of the debts under the Main Contract, and if the debts under the Main Contract are not fully paid after Party A performs its obligation as a guarantor, Party A agrees not to cause any
damage to Party B when it claims its subrogation right (including in-advance) against the debtor or other guarantors. Party A agrees that the right to receive repayment of debts under the Main Contract has priority over Party A’s subrogation
right.

	

Before total repayment of Party B’s credits:

	 
	 
	
(a) 		
Party A agrees not to claim its subrogation right against the debtor or other guarantors; once Party A has exercised the above right due to any reason, it shall use the payment from the claim to first repay the unpaid debt owned
to Party B’s ;

	
	 	 	 	 
	 
	 
	
(b) 		
If the debts under the Main Contract have collateral, Party A agrees not to declare rights to the secured articles or the proceeds of sale of such articles for any reason including but not limited to subrogation rights. The
secured articles or the proceeds of sales of such articles shall be first used to repay the unpaid debts owed to Party B.

	
	 	 	 	 
	 
	 
	
(c) 		
If the debtor or other guarantor has provided a counter-guarantee to Party A, Party A shall use the proceeds from the above counter-guarantees to first repay unpaid debt owed to Party B.

	

	 
	
V. 		
Party A fully understands the interest rate risks. Party A agrees to be jointly and severally responsible for the increased part due to the increase of the interest rate, the default interest or the compound interest, if Party B
adjusts the interest rate according to the Main Contract, or the government adjusts the interest rate, calculation method or the settlement method.

	

Exhibit 10.10

	 
	
VI. 		
If the debtor has other loans from Party B other than the loans under the Main Contract, Party B has the right to receive the debtor’s RMB or other currency expenses in the account established in the system of China
Construction Bank to satisfy any expired debt. Party A’s guaranty responsibilities are not reduced or exempted.

	

	 
	 

	
Article 7  		

PARTY A’s OTHER OBLIGATIONS

	

	 
	 
	 

	 
	
I. 		
Party A shall supervise how the debtor uses the loans (including its purpose) , accept the supervision from Party B on the funds, assets and business performance of Party A, provide related information, documents and materials
like financing statements under Party B’s request, assume the accuracy, verity, completion and effectiveness thereof; Party A shall not provide guarantee for third parties which exceeds Party B’s affordability without written consent from
Party B.

	
	 	 	 
	 
	
II. 		
In case of undertaking, trusteeship (taking over), leasing, shareholding reform, decrease of registered capitals, investment, association, merger, consociation, division, joint operation, applying (being applied to) to suspend
operation for correction, modification of controlling shareholders/actual controllers or transfer of main assets, suspending production, going out of business, heavy fines imposed by applicable authorities, cancellation of registration, revocation
of business license, involvement with significant legal disputes, occurrence of serious hardship in production and management or deterioration of financing situation, failure to normally exercise duties of legal representative or principal person,
or losing (possible to lose) guarantee capacity due to any reasons happens, Party B shall notify Party A in written promptly and conduct the assumption, transfer or inheritance of the guarantee obligation under this Contract, or provide new
guarantee accepted by Party B for the performance of the Main Contract.

	
	 	 	 
	 
	
III. 		
In case of any changes to Party A’ s registered items in Administration of Industry and Commerce such as name, legal representative (principal person), address, business scope, registered capital or article of association of
company (enterprise) etc., Party A shall inform Party B in writing within five (5) work days after the modification, and attach related materials after the modification.

	

	 
	 

	
Article 8  		

MISCELLANEOUS

	

	 	 	 
	 	I. 	Allocation and charging
  of payable expense

As for Party A’s amount payable under the contract, Party B has the right to charge RMB or other currency expense from Party A’s account established in the China Construction Bank—it is not necessary to notify Party A in advance. Once
it needs to handle the sales and purchasing of foreign exchange or exchange settlement, Party A is obliged to assist Party B; Party A shall bear the exchange rate risks.

	 	II.	Use of Party A’s
  information

Party A allows Party B to inquire Party A’s credit status from individual credit information database of People's bank of China or any other individual credit information database approved by credit rating authority or other relevant work unit,
department and person. All credit report obtained are limited to be used on purposes stipulated in Provisional Rules on Management of Individual Credit Information Database issued by People’s bank of China. Party A allows Party B to provide its
credit information for individual credit information database of People's bank of
China or any other individual credit information database approved by credit rating authority. Party A also agrees that Party B may use and disclose its information reasonably for the necessary of business. 

Exhibit 10.10

	 	III.  	Collection by
  Public Notice

As for Party A’s breach of contract, Party B has the right to report to the relevant government agency and make an announcement through news media to collect the debt.

	 	IV. 	Effect as Evidence of
  Party B’s record

Except for reliable and confirmed contrary evidence, Party B’s following documents constitute evidence to prove the credit relationship under the Main Contract: internal account record of Party B’s principal, interest, expense and
repayment record; receipt and voucher during debtor’s handling withdrawal, repayment and interest payment made or reserved by Party B; loan collection record and voucher by Party B. Party A cannot object to Party B’s personal fabrication
or reservation of the above records, receipts and vouchers. 

	 	V.  	Reservation of
  Right

Party B’s rights under the contract do not affect or eliminate any rights enjoyed according to relevant laws, stipulations and other contracts. Any grace, forgiving, preference or postponed exercising of any contract rights aimed at the breach
or delay cannot be taken as the abandonment of rights and interests under the contract or permission or approval of any breach of contract; besides, they do not affect, block or hinder the continuous exercising of the rights or exercising of any
other rights and do not ask Party B to bear any responsibilities and obligations for Party A.

If Party B fails to exercise or delays exercising of any rights under the Main Contract or fails to completely utilize any rescue operation under the Main Contract, Party A’s guaranty responsibilities under the contract can not be reduced or
exempted; however, once Party B reduces or exempts the debts under the Main Contract, Party A’s guaranty responsibilities under the contract are reduced and exempted accordingly.

	 	VI. 	Debtor’s Dissolution
  or Bankruptcy

In the event that Party A knows that the debtor has entered into dissolution or bankruptcy procedure, it shall immediately notify Party B to report the debts; at the same time, it shall participate in the dissolution or bankruptcy procedure in a
timely manner and exercise the claim right in advance. If Party A knows or should have known that the debtor has entered into dissolution or bankruptcy procedure but fails to exercise the claim right in advance, Party A shall be responsible the
incurred losses. In spite of Article 5 (2), if Party B and debtor reach a reconciliation agreement in the debtor’s bankruptcy procedure or a restructuring plan, Party B’s rights under the contract are not affect by reconciliation agreement
or restructuring plan; Party A’s guarantee responsibilities are not reduced or exempted. Party A can not defend against Party B’s claim of right through the conditions stipulated in the reconciliation agreement and restructuring plan. As
for the credits compromised by Party B in the reconciliation agreement and restructuring plan to the debtor without repayment, it still has the right to require Party A for continuous repayment.

Exhibit 10.10

	 	VII. 	Dissolution or
  Bankruptcy of Party A

In the event that dissolution or bankruptcy occurs to Party A, even if Party B’s right of debts under the Main Contract has not expired, Party B has the right to participate in the dissolution or bankruptcy procedure and claim the right.

	 
	
VIII. 		
In case of any changes in Party A’s communication address or contact method, it shall immediately notify Party B in written form; in case of any losses arising from timely notification failure, Party A shall bear relevant
losses by itself.

	
	 	 	 
	 
	
IX. 		
Conditions for the Effectiveness of the Contract

	

This Contract becomes effective upon signing or official seal by Party A’s legal representative (responsible person) or authorized agent and signature or official seal by Party B’s responsible person or authorized agent.

	 
	
X. 		
If Party A or debtor fails to strictly comply with relevant laws, stipulations or regulations concerning environmental protection, energy saving, discharge reduction and pollution reduction or in case of any possible energy
consumption and pollution risks, Party B has the right to exercise the guaranty rights under this Contract in advance and adopt other remedial measures permitted by the contract or law.

	

	 
	 

	
Article 9	

PARTY A’s REPRESENTATIONS AND GUARANTEES

	

	 
	 
	 

	 
	
I. 		
Party A fully understands Party B’s business scope and authorized power.

	
	 	 	 
	 
	
II. 		
Party A has read all the provisions of the contract and Main contract. In response to Party A’s requirements, Party B has specified relevant provisions of this contract and Main contract. Party A has known and adequately
understood the meaning of provisions in this contract and Main contract and its legal consequence.

	
	 	 	 
	 
	
III. 		
Party A has the legal qualification of a guarantor. Party A’s guarantee under this Contract is in compliance with the provisions of laws, administrative regulations, rules and the article of association or internal documents
of Party A, and has been approved by the Company’s internal competent institutions and/or national competent authorities. All the duties incurred due to that Party A has no right to sign this Contract shall be burdened by Party A, including
but not limited to fully compensate the losses of Party A caused hereby.

	
	 	 	 
	 
	
IV. 		
Party A has confirmed it adequately knows the debtor’s assets, debts, business, credits and reputation, whether it has the main qualification and power of signing the Main Contract as well as all the contents of Main
Contract.

	

Exhibit 10.10

Particular Signing Provisions

This guarantee contract is 2011 Jian Ping Song Guo Xin Bao Zi No.1-2 

	
Article 10  		
INFORMATION OF CONTRACTORS

	

Guarantor (Party A): Fujian Sheng Da Import & Export Trading Co,. Ltd.

Address: Shui Nan Gong Ye Road, Songxi County

Post Code: 353500 

Legal Representative: Zhan Youdai

Fax: 05992332598 

Tel: 2332688

Creditor: China Construction Bank Co., Ltd Songxi Branch 

Address: No 121 Jiefang Street, Songyuan Town, Songxi County

Post Code: 353500 

Principal: Liu Liquan

Fax: 0599-2322644 

Tel: 0599-2322670 

To ensure the performance of the Domestic Letter of Credit Opening Contract with the Number of (2011) Jian Ping Song Guo Xin Kai Zi No.1 (hereinafter referred to as the “Main Contract”) entered into by
and between Fujian Yada Group Co., Ltd. (hereinafter referred to as Debtor) and Party B, Party A agrees to assume the jointly guarantee liability for the debt under this contract. The Parties hereby agree to enter into this contract based on
the mutual consent of consultation and comply with the terms hereof. 

	
Article 11	

AGREEMENTS TO ARTICLE

	

 The contract guaranty scope includes the following Type II:

	 
	
I. 		
All the debts under the Main Contract include (but not limited to) total principal, interest (including compound interest and penalty interest), breach penalty, compensation, other expense paid by debtor to Party B (including but
not limited to relevant handling fee, telecom expense, sundry expense and relevant bank expense rejected by foreign beneficiary), Party B’s expense in realizing credits and guaranty rights (including but not limited to lawsuit expense,
arbitration expense, property safeguard expense, travel expense, implementation expense, evaluation expense, auction expense, notarization expense, transportation expense, announcement expense and lawyer’s expense).

	
	 	 	 
	 
	
II. 		
The principal under the Main Contract (currency: RMB) (In Words: RMB Ten Million yuan) and interest (including compound interest and penalty interest), breach penalty, compensation, other expense paid by debtor to Party B
(including but not limited to relevant handling fee, telecom expense, sundry expense and relevant bank expense rejected by foreign beneficiary), Party B’s expense in realizing credits and guaranty rights (including but not limited to lawsuit
expense, arbitration expense, property safeguard expense, travel expense, implementation expense, evaluation expense, auction expense, notarization expense, transportation expense, announcement expense and
lawyer’s expense).

	

Exhibit 10.10

	
Article 12	
DISPUTE SETTLEMENT 

	

Any and all disputes arising in the performance of the Contract shall be settled through negotiation. In case that no settlement can be reached through negotiation, the disputes shall be settled by the first method as follows. 

	 
	
(1) 		
Instituting legal proceedings in the People’s Court of competent jurisdiction at Party B’s domicile.

	
	 	 	 
	 
	
(2) 		
Submitting to (left blank) Arbitration Commission (place of arbitration: (left blank)) for arbitration in accordance with the arbitration rules of the Arbitration Commission in force at the time of application. The arbitration
award shall be final, and binding upon both parties.

	

 During the process of litigation or arbitration, the Parties shall continue to implement this contract, except for the matters in dispute. 

	
Article 13	

THIS CONTRACT SHALL BE PREPARED IN THREE DUPLICATES

	

	
Article 14	

OTHER AGREED
ITEMS 

	

This filed is left blank

Exhibit 10.10

Party A (Official seal):

Legal representative (Person-in-charge) or authorized agent (Signature): Zhan Youdai (Signature)

Date: September 27, 2011

Party B (Official seal): China Construction Bank Co., Ltd. Songxi Branch (Seal affixed)

Responsible person or authorized agent (Signature): Liu Liquan 

Date: September 27, 2011

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