1. Purpose: working capital 2. Duration: revolving for 1 year from the approval date (to March 25, 2017); the maximum duration for each loan is 180 days but shall not exceed 15 working days before the expiration of Standby L/C. 3. Interest rate: calculated separately for each drawing. 4. Collateral: Stand-by letter of credit (L/C) issued by a domestic branch of China Construction Bank with the China Construction Bank Taipei Branch as the beneficiary. The loan amount cannot exceed 97% of the amount of the stand-by L/C. 5. Payment method: Pay the interest monthly, and pay back the principal at the appointed date 6. Other requirements: (1)The bank may make loans in USD or NTD. When the loan is made in USD, you need to submit the transaction certificate (such as procurement and sales invoices or orders) approved by our bank and declare that the transaction certificate is not used by other financial institutions for any other financing. For outward remittance financing, the invoice or order needs to be submitted to the bank and the bank allocates the financing fund that is 100% of the invoice or order value directly to the supplier's account. For export invoice financing, the invoice needs to be submitted and the bank allocates the financing fund that is 100% of the invoice value. (2)The exchange rate between USD and NTD depends on the closing rate at 12:00 two days before the drawdown date (subject to the information released on the website of Taipei Forex Inc.). (3)The loan will automatically become unavailable 15 working days before the stand-by L/C expires, and the balance shall be paid off. (4)In case the Notice covers any balance on the previous line of credit, upon being executed as a contract, the previous line of credit will be invalid. (5)When our bank conducts post-loan monitoring on a quarterly basis, if the net worth on the most recent financial statement provided by the Borrower is negative, then the line of credit will cease to be drawn down until the net worth turns positive. | 