Asia Electronics Holding Co Inc Sample Contracts

Asia Electronics Holding Co Inc – NOTES ON THE USE OF THE RMB LOAN CONTRACT OF THE (June 30th, 1998)

NOTES ON THE USE OF THE RMB LOAN CONTRACT OF THE CONSTRUCTION BANK OF CHINA I. Field of Application: The Contract applies to current-capital and fixed-assets loans executed between branches of the Construction Bank branches at all levels and the borrowing entities or individuals. II. The blank spaces in Article 1, Article 2, Article 3 and Article 4 of the Contract are to be filled out on the basis of actual facts/figures agreed to by both parties. III. The disbursement schedule in Article 5 of the Contract refers to the schedule of installments of loan payments by the lender to the borrower. In the case of one-time disbursements, no disbursement schedule is needed. The extra lines in the Contract should be deleted at the time of the signing of the Contract. IV. The repayment schedule in Article 6 of the Contract refers to the schedule of repayment installments by the borrower t

Asia Electronics Holding Co Inc – 1997 Stock Option Plan (August 18th, 1997)

ASIA ELECTRONICS HOLDING CO. INC. 1997 Stock Option Plan ARTICLE I. PURPOSE The purpose of this 1997 Stock Option Plan (the "Plan"), is to enhance the profitability and value of Asia Electronics Holding Co. Inc. (the "Company") for the benefit of its shareholders by enabling the Company to offer certain employees and Consultants (as defined herein) of the Company and its Subsidiaries (as defined herein) and non-employee directors of the Company stock based incentives in the Company, thereby creating a means to raise the level of stock ownership by employees, Consultants and non-employee directors in order to attract, retain and reward such individuals and strengthen the mutuality of interests between such individuals and the Company's shareholders. ARTICLE II. DEFINITIONS

Asia Electronics Holding Co Inc – LOAN COLLATERAL AGREEMENT (August 18th, 1997)

The Construction Bank of China LOAN COLLATERAL AGREEMENT No. of Contract: 96(W)004 Pledger (Party A): Xianyang Daming Electronics Co. Ltd. Address: 70 West Weiyang Road, Xianyang Legal Representative: Mr. Du, Qingsong Bank Account: Construction Bank of China, Xianyang Branch Mortgagee: Construction Bank of China, Xianyang Branch Address: Legal Representative: To guarantee the fulfillment of Loan Agreement No.96(w)004, Party A will pledge its property to Party B, under Party B's agreement. It is agreed as follows on the basis of applicable law and regulation. 1. Party A will provide collateral goods under the attached appendix as security. 2. Party A will get a loan of USD 1,100,000 from the bank. Term of the loan is from Sep.16,1996 till Mar.15, 1997. 3 . Party A guarantees its ownership of the underlying c

Asia Electronics Holding Co Inc – LOAN GUARANTEE AGREEMENT (August 18th, 1997)

The Construction Bank of China LOAN GUARANTEE AGREEMENT No. of Contract: 96(W)004 Loan Guarantor: (Party A) Xianyang Pianzhuan Group Corp. Address: 70 West Weiyang Road, Xianyang Legal Representative: Mr. Du, Qingsong Bank Account: Construction Bank of China, Xianyang Branch Creditor: Construction Bank of China, Xianyang Branch Address: Legal Representative: To guarantee the performance of the obligation under Loan Agreement No. 96(w)004 Party A hereby gives Party B its warranty on the basis of applicable law and regulations. Both parties agree as follows: 1. Party A grants its guarantee for the amount of US$1,100,000. Term of the loan: from Sept. 16, 1996 till March, 15, 1997 2. If the Debtor fails to perform any of the obligation in the loan agreement, Party A has to fulfill the obligation wit

Asia Electronics Holding Co Inc – The Licensing Contract (August 18th, 1997)

The Licensing Contract Licensor (Party A): Xianyang Pianzhuan Group Corp. Licensee (Party B): Xianyang Daming Electronics Co. Ltd (Party C): Xiangyang Yongxin Electronics Co. Ltd. Party A and Party B, Party C signed the contract based on: 1). Party A applied for the registration of PIANZHUAN brand in National Industrial and Commercial Regulatory Bureau on Aug 23rd, 1996, which has been accepted formally by the Licensing Bureau; 2). Party A confirmed itself the sole legal owner of PIANZHUAN with no negatives, which shall be approved by the Licensing bureau. 1. Conception The terms below contain the meaning as follows unless being specific in the contract: 1.1. The License: the License being applied for registration attached in the contract as Enclosure 1; 1.2. Subsidiary: the company being 100% owned, its shares being hold and shared or other economic entity; 1.3. The Goods: the goods being shown in the contract as Enc

Asia Electronics Holding Co Inc – AGREEMENT OF LEASE (August 18th, 1997)

AGREEMENT OF LEASE Landlord: Xianyang Pianzhuan Group Corp. (Pianzhuan) Leasee: Xianyang Daming Electronics Co., Ltd. (Daming) This lease agreement between Xianyang Pianzhuan Group Corp. (Pianzhuan), 70 West Weiyang Road, Xianyang, Shaanxi province and Xianyang Daming Electronics Co., Ltd (Daming) is based on mutual trust and mutual benefit. The content of this agreement is described below: 1. Pianzhuan agrees to rent the third floor of manufacturing plant on the Building No. 1 with size of 1,296 square meters to Daming for manufacturing purpose. 2. Pianzhuan guarantees the plant facilities including electric power, water, heat and road condition according to the requirement of Daming. 3. Daming agrees to pay RMB96 per square meter for rent of the next year, 15 days before year end. 4. Daming cannot alter the internal and external construction structure without the consent of Pianzhuan. 5. Daming should guarantee to g

Asia Electronics Holding Co Inc – AGREEMENT OF LEASE (August 18th, 1997)

AGREEMENT OF LEASE Landlord: Xianyang Pianzhuan Group Corp. (Pianzhuan) Leasee: Xianyang Dnon Tech Special Electrical Technical Co., Ltd.(Dnon Tech) This lease agreement between Xianyang Pianzhuan Group Corp.(Pianzhuan),70 West Weiyang Road, Xianyang, Shaanxi province and Xianyang Dnon Tech Special Electrical Technical Co., Ltd (Dnon Tech), is based on mutual trust and mutual benefit. The content of this agreement is described below: 1. Pianzhuan agrees to rent a manufacturing plant on the Building No.5 with the size of 720 square meters to Dnon Tech for manufacturing purpose. 2. Pianzhuan guarantees the plant facilities including electric power, water, heat and road condition according to the requirement of Dnon Tech. 3. Dnon Tech agrees to pay RMB24,613.37 annually for rent for next year, 15 days before year end. 4. Dnon Tech cannot alter the internal and external construction structure without the consent of Pianzhuan. 5.

Asia Electronics Holding Co Inc – AGREEMENT OF LEASE (August 18th, 1997)

AGREEMENT OF LEASE Landlord: Xianyang Pianzhuan Group Corp. (Pianzhuan) Tenant: Xianyang Yongxin Electronics Co., Ltd. (Yongxin) This lease agreement between Xianyang Pianzhuan Group Corp. (Pianzhuan),70 West Weiyang Road, Xianyang, Shaanxi province and Xianyang Yongxin Electronics Co., Ltd. (Yongxin), based on mutual trust and mutual benefit. The content of this agreement is described below: 1. Pianzhuan agrees to rent the first and second floor of the manufacturing plant on the Building No. 2 with a size of 6,036 square meters to Yongxin for manufacturing purpose. 2. Yongxin agrees to pay RMB 848,743.10 for rent of next year, 15 days before year end. 3. Pianzhuan guarantees the plant facilities including electric power, water, heat and road condition according to the requirement of Yongxin. 4. Yongxin cannot alter the internal and external construction structure without the consent of Pianzhuan. 5. Yongxin should guara

Asia Electronics Holding Co Inc – AGREEMENT ON EXTENSION OF LOAN REPAYMENT (August 18th, 1997)

AGREEMENT ON EXTENSION OF LOAN REPAYMENT Borrower (Party A): Xianyang Daming Electronics Co. Ltd. Creditor (Party B): Construction Bank of China, Xianyang Branch Guarantor (Party C): Xianyang Pianzhuan Group, Corp. Due to the expansion of production, Party A is not able to pay back loan NO.(95)W014, and requested for an extension of the repayment to Party B. Through investigation, Party B agrees to the extension of repayment by Party A, and Party C agrees to provide the guarantee. Thus the three parties agree as follows: 1. Party A borrowed short-term loan designated in US dollar at the amount of Four Hundred Thousand dollars only, is due on December 14, 1996, Party A agrees to extend its repayment for half year, as the result of the extension, the repayment period will be extended from December 14, 1996 to June 14, 1997. 2. The floating annual interest rate according to the rate announced by People's Bank of China will be adjusted to 7.5625%. 3. According t

Asia Electronics Holding Co Inc – AGREEMENT (August 18th, 1997)

AGREEMENT Dated September , 1997 The parties to this agreement are Xianyang Yongxin Electronics Co., Ltd. ("Yongxin"), Xianyang Daming Electronics Co., Ltd. ("Daming"), Yantai Daewoo Electronics Components Co., Ltd. ("Yantai") and Xianyang Dnon Tech Special Electro Technique Co., Ltd. ("Dnon Tech" and together with Yongxin, Daming, Yantai, the "Asia Electronic Subsidiaries") and each of the entities listed on schedule A (each, a "Pianzhuan Group Member"). The parties agree as follows: 1. Business Opportunities; Competition. No Pianzhuan Group Member may manufacture, market, sell or otherwise dispose of, for its own account or for the account of others, deflection yokes for CPTs or CDTs. Notwithstanding the foregoing, however, Xianyang Pianzhuan Co., Ltd. ("Xianyang"), a Pianzhuan Group Member, may continue to design, manufacture, market and sell 18" and 21" (narrow) deflection

Asia Electronics Holding Co Inc – AGREEMENT (August 18th, 1997)

AGREEMENT Dated September , 1997 ------------------------ The parties to this agreement are Asia Electronics Holding Co. Inc. (the "Company"), a British Virgin Islands company, and Xianyang Pianzhuan Group Corporation ("Pianzhuan Group"). Unless the context otherwise requires, all references to the Company shall be deemed to include the Company and its subsidiaries, including, for these purposes, Yantai Daewoo Electronic Components Co., Ltd. and Xianyang Dnon Tech Special Electro Technique Co., Ltd. The parties agree as follows: 1. Exclusive Sales and Marketing Agent Pianzhuan Group shall act as the Company's exclusive sales and marketing agent for deflection yokes manufactured by the Company for sale in the People's Republic of China. Pianzhuan Group shall not sell or otherwise dispose of, for its own account or for the account of ot

Asia Electronics Holding Co Inc – LOAN AGREEMENT (August 18th, 1997)

The Construction Bank of China LOAN AGREEMENT Type of the Loan: Foreign Currency Short-term Loan for Working Capital No. of Contract: 96(W)004 Debtor: Xianyang Daming Electronics Co. Ltd. Address: 70 West Weiyang Road, Xianyang Telephone: Legal Representative: Mr. Du, Qingsong Bank Account: Fax: Post code: Creditor: Construction Bank of China, Xianyang Branch Address: Telephone: Legal Representative: Fax: Post code: Debtor (Party A): Xianyang Daming Electronics Co., Ltd Creditor (Party B): Construction Bank of China, Xianyang Branch The parties agree as follows: 1. Total amount of the Loan Facility US$1,100,000. 2. The par

Asia Electronics Holding Co Inc – AGREEMENT OF LEASE (July 3rd, 1997)

AGREEMENT OF LEASE --------------- Landlord: Weihai Electronic Industrial Park Weishi Corp. Lease: Xianyang Daming Electronics Co. Ltd. This lease agreement between Weihai Electronic Industrial Park Weishi Corp. ("Weihai"), located in Weihai City of Shangdong Province and Xianyang Daming Electronics Co. Ltd. ("Daming"), based on mutual trust and mutual benefit. The content of this agreement is described below: 1. Weihai agrees to rent a manufacturing plant on the Building No. 1 in Electronic Industria Park, total four floors, with size of 11,200 square meters to Daming for manufacturing purpose. 2. Weihai guarantees the plant facilities including electric power, water, heat and road condition according to the requirement of Daming. 3. Daming agrees to pay RMB15 per square meters monthly for next month rental within 5 days bef

Asia Electronics Holding Co Inc – LOAN AGREEMENT (July 3rd, 1997)

The Construction Bank of China LOAN AGREEMENT Type of the Loan: Foreign Currency Short-term Loan for Working Capital No. of Contract: 96(W)004 Debtor: Xianyang Daming Electronics Co. Ltd. Address: 70 West Weiyang Road, Xianyang Telephone: Legal Representative: Mr. Du, Qingsong Bank Account: Fax: Post code: Creditor: Construction Bank of China, Xianyang Branch Address: Telephone: Legal Representative: Fax: Post code: Debtor (Party A): Xianyang Daming Electronics Co., Ltd Creditor (Party B): Construction Bank of China, Xianyang Branch The parties agree as follows: 1. Total amount of the Loan Facility US$1,100,000. 2. The par

Asia Electronics Holding Co Inc – CONTRACT (July 3rd, 1997)

CONTRACT OF XIANGYANG COLOR DISPLAY TUBE EQIPMENT AND TECHNOLOGY Contract No: 92PZl1-0001XY Date: January 16, 1993 China Xianyang Yongxin Electronics Co. Ltd. (Buyer), as one party. Japan, Nichimen Corporation(Seller), as the other party. Two parties agree with the following items: Chapter one Definition "Buyer" indicates China Xianyang Yongxin Electronics Co. Ltd. "Seller" indicates Japan Nichimen Corporation "Contract product" indicates the product and the catalogue attached thereafter. "Technique document" indicates all attached documents of technique data, drawing draft, design, calculation, implementation, maintenance, and products inspection. "Contract plant" indicates the buyer Xianyang Yongxin Electronic Co. Ltd. establishing the 25" color display tube production line which has the capacity of 7,350,000pcs output each year. "T

Asia Electronics Holding Co Inc – AGREEMENT OF LEASE (July 3rd, 1997)

AGREEMENT OF LEASE Landlord: Xianyang Pianzhuan Group Corp. (Pianzhuan) Leasee: Xianyang Dnon Tech Special Electrical Technical Co., Ltd.(Dnon Tech) This lease agreement between Xianyang Pianzhuan Group Corp.(Pianzhuan),70 West Weiyang Road, Xianyang, Shaanxi province and Xianyang Dnon Tech Special Electrical Technical Co., Ltd (Dnon Tech), based on mutual trust and mutual benefit. The content of this agreement is described below: 1. Pianzhuan agrees to rent a manufacturing plant on the Building No.5 with size of 720 square meters to Dnon Tech for manufacturing purpose. 2. Pianzhuan guarantees the plant facilities including electric power, water, heat and road condition according to the requirement of Dnon Tech. 3. Dnon Tech agrees to pay RMB24,613.37 annually for rent, 15 days before year end. 4. Dnon Tech cannot alter the internal construction structure without the consent of Pianzhuan. 5. Dnon Tech should guarantee to good

Asia Electronics Holding Co Inc – The Royalty Contract (July 3rd, 1997)

The Royalty Contract Royalty ( Party A): Xianyang Pianzhuan Group Corp. Rolyaltee (Party B): Xianyang Daming Electronics Co. Ltd (Party C): Xiangyang Yongxin Electronics Co. Ltd. Party A and Party B, Party C signed the contract based on: 1). Party A applied for the registration of PIANZHUAN brand in National Industrial and Commercial Regulatory Bureau on Aug 23rd, 1996, which has been accepted formally by Royalty Bureau; 2). Party A confirmed itself the sole legal owner of PIANZHUAN with no negatives, which shall be approved by Royalty bureau. 1. Conception The terms below contain the meaning as follows unless being specific in the contract: 1.1. The Royalty: the royalty being applied for registration attached in the contract as Enclosure 1; 1.2. Subsidiary: the company being 100% owned, its shares being hold and shared or other economic entity; 1.3. The Goods: the goods being showed in the contract as Enclosure 2.

Asia Electronics Holding Co Inc – LOAN GUARANTEE AGREEMENT (July 3rd, 1997)

The Construction Bank of China LOAN GUARANTEE AGREEMENT No. of Contract: 96(W)004 Loan Guarantor: Xianyang Pianzhuan Group Corp. Address: 70 West Weiyang Road, Xianyang Legal Representative: Mr. Du, Qingsong Bank Account: Construction Bank of China, Xianyang Branch Creditor: Construction Bank of China, Xianyang Branch Address: Legal Representative: To secure the performance of the obligation under Loan Agreement No. 96(w)004 Party A (Xianyang Daming Electronics Co., Ltd) grants to the Bank his warranty on the basis of applicable law and regulations.) The parties here to agree as follows: 1. Party A grants the Bank his warranty for the amount of US$1,100,000. (Term of the loan: from Sept. 16, 1996 till March, 15, 1997) 2. If the Debtor fails to perform any of the obligation in the loan agreement,

Asia Electronics Holding Co Inc – AGREEMENT OF LEASE (July 3rd, 1997)

AGREEMENT OF LEASE Landlord: Xianyang Pianzhuan Group Corp. (Pianzhuan) Leasee: Xianyang Yongxin Electronics Co., Ltd. (Yongxin) This lease agreement between Xianyang Pianzhuan Group Corp. (Pianzhuan),70 West Weiyang Road, Xianyang, Shaanxi province and Xianyang Yongxin Electronics Co., Ltd. (Yongxin), based on mutual trust and mutual benefit. The content of this agreement is described below: 1. Pianzhuan agrees to rent the first and second floor of manufacturing plant on the Building No. 2 with size of 6,036 square meters to Yongxin for manufacturing purpose. 2. Yongxin agrees to pay RMB 848,743.10 for rent of next year, 15 days before year end. 3. Pianzhuan guarantees the plant facilities including electric power, water, heat and road condition according to the requirement of Yongxin. 4. Yongxin cannot alter the internal construction structure without the consent of Pianzhuan. 5. Yongxin should guarantee to good condit

Asia Electronics Holding Co Inc – SHAREHOLDERS AGREEMENT (July 3rd, 1997)

SHAREHOLDERS AGREEMENT Dated August , 1997 The parties to this agreement are Du Qingsong ("Mr. Du") and To Shing Hoi ("Mr. To"). The parties agree as follows: 1. Restrictions on Transfer 1.1 Transfers to be Made Only as Permitted or Required by This Agreement. Mr. To may not, directly or indirectly, sell, assign, transfer, pledge or otherwise encumber or dispose of (collectively, "transfer") any shares of common stock par value $.01 per share ("Shares") of Asia Electronics Holding Co. Inc., a British Virgin Islands company (the "Company"), except as specifically permitted by this agreement; any other purported transfer shall be void and of no effect. 1.2 Permitted Transfers. Mr. To may transfer any Shares he owns to his spouse or descendants or any executor, guardian, committee, trustee or other fiduciary acting as such on behalf or for the benefit of any such spouse or descendant. No t

Asia Electronics Holding Co Inc – AGREEMENT OF EXTENSION OF LOAN REPAYMENT (July 3rd, 1997)

AGREEMENT OF EXTENSION OF LOAN REPAYMENT Borrower (Party A): Xianyang Daming Electronics Co. Ltd. Creditor (Party B): Construction Bank of China, Xianyang Branch Guarantor (Party C): Xianyang Pianzhuan Group, Corp. Due to the expansion of production, Party A was not able to pay back the loan NO.(95)W014, and requested for extension the repayment to Party B. Through the investigation, Party B agreed the extension of repayment by Party A, and Party agreed to provide the guarantee. Thus three parties agreed as follows: 1. Party A borrowed short-term loan designated in US dollar at the amount of Four Hundred Thousand dollars only, should have been paid off by December 14, 1996, Party A now agreed to extend such repayment for half year, as the result of the extension, the repayment period will be from December 14, 1996 to June 14, 1997. 2. The floating annual interest rate according to the rate announced by People's Bank of China will be adjusted to 7.5625%. 3. A

Asia Electronics Holding Co Inc – EMPLOYMENT AGREEMENT (July 3rd, 1997)

EMPLOYMENT AGREEMENT Dated August , 1997 The parties to this agreement are Asia Electronics Holding Co. Inc., a British Virgin Islands company (the "Company"), and Du Qingsong (the "Executive"). The Company and the Executive agree as follows: 1. Employment and Duties (a) The Company shall employ the Executive, and the Executive shall serve the Company, as the Chairman of the Board of Directors and Chief Executive Officer of the Company. The Executive shall use his best efforts to promote the interests of the Company, and shall perform his duties faithfully and diligently, consistent with sound business practices. (b) The parties acknowledge that the Executive has business responsibilities in addition to his responsibilities to the Company and serves as chairman of Pianzhuan Group. Accordingly, it is understood and agreed that Mr. Du may continue to discharge such other responsibilities, as l

Asia Electronics Holding Co Inc – LOAN COLLATERAL AGREEMENT (July 3rd, 1997)

The Construction Bank of China LOAN COLLATERAL AGREEMENT No. of Contract: 96(W)004 Pledger (Party A): Xianyang Daming Electronics Co. Ltd. Address: 70 West Weiyang Road, Xianyang Legal Representative: Mr. Du, Qingsong Bank Account: Construction Bank of China, Xianyang Branch Mortgagee: Construction Bank of China, Xianyang Branch Address: Legal Representative: To secure the fulfillment of Loan Agreement No.96(w)004, Party A will pledge its property to Party B, under Party B's agreement. It is agreed as follows on the basis of applicable law and regulation. 1. Party A will provide collateral goods under the attached appendix as security. 2. Party A will get a loan of RMB 1,100,000 from the bank. Term of the loan is from Sep.16,1996 till Mar.15, 1997. 3 . Party A guarantees its ownership of the underlying coll

Asia Electronics Holding Co Inc – AGREEMENT OF LEASE (July 3rd, 1997)

AGREEMENT OF LEASE Landlord: Xianyang Pianzhuan Group Corp. (Pianzhuan) Leasee: Xianyang Daming Electronics Co., Ltd. (Daming) This lease agreement between Xianyang Pianzhuan Group Corp. (Pianzhuan), 70 West Weiyang Road, Xianyang, Shaanxi province and Xianyang Daming Electronics Co., Ltd (Daming), based on mutual trust and mutual benefit. The content of this agreement is described below: 1. Pianzhuan agrees to rent the third floor of manufacturing plant on the Building No. 1 with size of 1,296 square meters to Daming for manufacturing purpose. 2. Pianzhuan guarantees the plant facilities including electric power, water, heat and road condition according to the requirement of Daming. 3. Daming agrees to pay RMB96 per square meter for rent of next year, 15 days before year end. 4. Daming cannot alter the internal construction structure without the consent of Pianzhuan. 5. Daming should guarantee to good condition of th