SEC Contract Filing

Filing Date: 2018-06-25

Document Content:
<DOCUMENT>
<TYPE>EX-10.4
<SEQUENCE>5
<FILENAME>appliedopto_ex1004.htm
<DESCRIPTION>PROMISSORY NOTE
<TEXT>
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<P STYLE="margin: 0">Exhibit 10.4</P>

<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="font: 24pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Promissory Note</P>

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<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">With this note, a total of NTD <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">300
million</FONT></P>

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<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0">shall be paid unconditionally to or his/her designated person
on (Date)</P>

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<P STYLE="margin: 0">&nbsp;</P>

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 <TD COLSPAN="2">And the related covenants are as follows:</TD>
 <TD>&nbsp;</TD>
 <TD>Drawer:</TD></TR>
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 <TD STYLE="width: 5%">&nbsp;</TD>
 <TD STYLE="width: 60%">&nbsp;</TD>
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 <TD STYLE="width: 30%">&nbsp;</TD></TR>
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 <TD>1.</TD>
 <TD>This promissory note authorizes Taishin Bank to fill the maturity date, and exempts it from the obligations
of issuing a Certificate of Protest and the notification obligation set out under Article 89 of the Law of Negotiable Instruments</TD>
 <TD>&nbsp;</TD>
 <TD>Address:</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
 <TD>&nbsp;</TD>
 <TD>&nbsp;</TD>
 <TD>&nbsp;</TD>
 <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
 <TD>2.</TD>
 <TD>The interest rate of this promissory note shall be calculated as follows from the issuing date of this
note:</TD>
 <TD>&nbsp;</TD>
 <TD>Drawer:</TD></TR>
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 <TD STYLE="width: 5%">&nbsp;</TD>
 <TD STYLE="width: 5%">&nbsp;&#9744;</TD>
 <TD STYLE="width: 55%">The basic lending rate of Taishin Bank and the additional annual percentage rate of Interests are counted
flexibly. <BR>
(If there are any changes or adjustments in the above-mentioned basic lending rate or the additional rate, <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">the
interests shall be counted based on the changed or adjusted rate.)</FONT></TD>
 <TD STYLE="width: 5%">&nbsp;</TD>
 <TD STYLE="width: 30%">Address:</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
 <TD>&nbsp;</TD>
 <TD>&nbsp;&#9744;</TD>
 <TD>Others:</TD>
 <TD>&nbsp;</TD>
 <TD>Drawer:</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
 <TD>&nbsp;</TD>
 <TD>&nbsp;</TD>
 <TD>If the payment for the principal and interests mentioned above is delayed, for those delayed part with
the overdue time less than six months, liquidated damages shall also be paid with, at 10% of the previously agreed interest rate;
for those delayed part with the overdue time more than six months, the liquidated damages shall be paid with, at 20% of the previously
agreed interest rate.</TD>
 <TD>&nbsp;</TD>
 <TD>Address:</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
 <TD>&nbsp;</TD>
 <TD>&nbsp;</TD>
 <TD>&nbsp;</TD>
 <TD>&nbsp;</TD>
 <TD>Drawer:</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
 <TD>3.</TD>
 <TD COLSPAN="2">Place of payment:</TD>
 <TD>&nbsp;</TD>
 <TD>Address:</TD></TR>
</TABLE>

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<P STYLE="margin: 0">&nbsp;</P>

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<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0pt 0">Date: June 19, 2018</P>

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 <TD STYLE="width: 19%; padding: 3pt 6pt 10pt; border-top: Black 1pt solid; border-left: Black 1pt solid">Endorsee</TD>
 <TD STYLE="width: 81%; padding: 3pt 6pt 10pt; border-top: Black 1pt solid; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
 <TD STYLE="padding: 3pt 6pt 10pt; border-top: Black 1pt solid; border-left: Black 1pt solid">Endorser</TD>
 <TD STYLE="padding: 3pt 6pt 10pt; border-top: Black 1pt solid; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
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 <TD STYLE="padding: 3pt 6pt 10pt; border-top: Black 1pt solid; border-left: Black 1pt solid">Endorser&rsquo;s adress</TD>
 <TD STYLE="padding: 3pt 6pt 10pt; border-top: Black 1pt solid; border-right: Black 1pt solid; border-left: Black 1pt solid">&nbsp;</TD></TR>
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 <TD STYLE="padding: 3pt 6pt 10pt; border-top: Black 1pt solid; border-left: Black 1pt solid">Endorsement date</TD>
 <TD STYLE="padding: 3pt 6pt 10pt; border-top: Black 1pt solid; border-right: Black 1pt solid; border-left: