0001144204-11-009415 Sample Contracts

Contract of Guarantee Contract No.: [ ]
Contract of Guarantee • February 16th, 2011 • Chisen Electric Corp • Miscellaneous electrical machinery, equipment & supplies

In order to ensure the performance of the Trust Loan Contract entered into by and between [Changxing Chisen Electric Co., Ltd.] (hereinafter “Borrower”) and Party B with the number [P2009M17ZJZH00012F14-0081-1, P2009M17ZJZH00012F14-0081-2] (hereinafter the “Master Contract”) and guarantee the fulfillment of the Lender’s right of Party B, Party A is willing to provide guarantee for the debts of Borrower under the Master Contract. Party A and Party B hereby agree as follows through negotiations for mutual compliance.

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Guarantee Contract
Chisen Electric Corp • February 16th, 2011 • Miscellaneous electrical machinery, equipment & supplies

In order to guarantee the fulfillment of Renminbi Loan contract, No. 64720012302010012, (“Master Contract) of Changxing Chisen Electric co., Ltd (hereinafter referred as Borrower). In order to protect the realization of Lender’s right of Lender, the Guarantor is willing to provide guarantee to Lender. Both Parties hereby agree as follows through negotiations on the basis of equality.

Contract of Guarantee
Chisen Electric Corp • February 16th, 2011 • Miscellaneous electrical machinery, equipment & supplies

Whereas Party B, has or will consecutively handle the credit business with Changxing Chisen Electric Co., Ltd. (hereinafter “Borrower”), In order to protect the realization of Lender’s right of Lender, Party A is willing to provide maximum amount guarantee for the debts of Borrower. Party A and Party B hereby agree as follows through negotiations for mutual compliance.

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