Exhibit 10.14
Promissory Note |
With this note, a total of NTD 100 million shall be paid unconditionally to or his/her designated person on (Date) |
And the related covenants are as follows: | Drawer: |
1. | 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 | Address: |
2. | The interest rate of this promissory note shall be calculated as follows from the issuing date of this note: | Drawer |
| ☐ The basic lending rate of Taishin Bank and the additional annual percentage rate of Interests are counted flexibly. (If there are any changes or adjustments in the above-mentioned basic lending rate or the additional rate, the interests shall be counted based on the changed or adjusted rate.) | Address: |
| ☐ Others: | Drawer |
| If the payment for the principal and interests mentioned above is delayed, | Address: |
| 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. | Drawer |
3. | Place of payment: | Address: |
Date: July 23, 2019 |
Endorsee | |
Endorser | |
Endorser's address | |
Endorsement date | |
Note: | |
The endorser agrees that 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
Promissory Note |
With this note, a total of USD 1 million shall be paid unconditionally to or his/her designated person on (Date) |
And the related covenants are as follows: | Drawer: |
1. | 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 | Address: |
2. | The interest rate of this promissory note shall be calculated as follows from the issuing date of this note: | Drawer |
| ☐ The basic lending rate of Taishin Bank and the additional annual percentage rate of Interests are counted flexibly. (If there are any changes or adjustments in the above-mentioned basic lending rate or the additional rate, the interests shall be counted based on the changed or adjusted rate.) | Address: |
| ☐ Others: | Drawer |
| If the payment for the principal and interests mentioned above is delayed, | Address: |
| 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. | Drawer |
3. | Place of payment: | Address: |
Date: July 23, 2019 |
Endorsee | |
Endorser | |
Endorser's address | |
Endorsement date | |
Note: | |
The endorser agrees that 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.
