Guaranty Contract of Maximum Amount No.:000788B Account Guarantee Agreement Issued in 2010 by (Shenzhen Buji Subbranch) Bank of ChinaHighpower International, Inc. • April 13th, 2011 • Miscellaneous electrical machinery, equipment & supplies
In order to ensure that the liabilities described in Article I of the contract can be performed, the guarantor is ready to provide the creditor with assurance. This contract is established based on the equal negotiation between the two sides. Otherwise additional agreements, explanations of clauses in this contract shall depend on the main contract.
Agreement on Line of Credit No. 2010 Zhen Zhong Yin Bu E Xie Zi No. 000788Highpower International, Inc. • April 13th, 2011 • Miscellaneous electrical machinery, equipment & supplies
Party A and Party B, in light of developing friendly and mutual benefit cooperation relationship, reached the following agreement through negotiation pursuant to principles of voluntariness, equality, mutual benefit and good faith.
UNCOMMITTED SHORT TERM REVOLVING FACILITY AGREEMENT Dated Aug, 12, 2010, [No.: FA750506100812] BETWEEN: Shenzhen, China; and with legal address at Luoshan Industrial Zone,Pinghu, Longgang, Shenzhen, Guangdong, China and IT IS AGREED as follows:Term Revolving Facility Agreement • April 13th, 2011 • Highpower International, Inc. • Miscellaneous electrical machinery, equipment & supplies
For the purpose of calculating the Maximum Facility Amount, the calculation shall be made at relevant exchange rate determined by the Bank. If the aggregate of all amounts outstanding under this Agreement at any one time exceed the aforesaid Maximum Facility Amount as a result of a change in the exchange rate, the Bank shall reserve its right to demand immediate repayment of any such excess amount. In any event, the aggregate amounts of the outstanding under the Facility Agreement for the two customers shall not exceed the Maximum Facility Amount.
Irrevocable Guaranty Contract of Maximum Amount Contract No.: 2010 Long Zi No. 00106082367-1Highpower International, Inc. • April 13th, 2011 • Miscellaneous electrical machinery, equipment & supplies
Bank and Shenzhen Highpower Technology Co., Ltd. (referred to as "Credit Applicant ") on __ __ 2010 signed the 2010 Long Zi No. 00106082367 of the "Credit Agreement" (referred to as "Credit Agreement"). Under the "Credit Agreement", between the September 1, 2010 and September 1, 2011 the credit period (referred to as "Credit Period"), within the Bank to credit the applicant for a total of RMB 2.5million (Including the equivalent in other currencies) line of credit (referred to as "credit line").
Comprehensive line of credit contract NO: 00106082367Highpower International, Inc. • April 13th, 2011 • Miscellaneous electrical machinery, equipment & supplies
Party A agrees to provide credit facilities for Party B to use by the application of Party B. In accordance with the relevant laws and regulations, Party A and Party B make the agreement after the equal consultations, and signing the following terms of the contract.
GuarantyHighpower International, Inc. • April 13th, 2011 • Miscellaneous electrical machinery, equipment & supplies
Guaranty, dated as of Aug 12th, 2010 made by Pan Dangyu citizen of the PRC and I.D. card NO. (the guarantor), in favor of Citibank (China) CO., LTD. and each of its branches and sub-branches (the warrantee).
The maximum amount Guarantee ContractHighpower International, Inc. • April 13th, 2011 • Miscellaneous electrical machinery, equipment & supplies
In view of the Bank and between the Bank and Shenzhen Highpower Technology Co., Ltd. ("Customer ") from time to time enter into a loan agreement, financing agreement to provide the letter or other written documents of financing (the "Financing Letter"), according to the terms agreed to provide the financing, the undersigned (the "Guarantor ") is willing to function in the financing of debt obligations under its guarantee of all responsibilities and ensure the Bank is as follows:
