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)
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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: | |
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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 |
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Endorser |
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Endorser's address |
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Endorsement date |
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Note: |
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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 |
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Endorser |
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Endorser's address |
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Endorsement date |
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Note: |
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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.