股票贷款协议.doc

STOCK LOAN HIGHLIGHTS DIRECT PRODUCT NON-recourse loan. Borrower transfers the shares to the Lender for the duration of the loan term, Disclosure issue: ?It really depends on the exchange, the country, and the attorney who represents the client.? The Lender can’t really answer,?but can give advice on how to get an appropriate response. Loan To Value between 65 and 80%. Annual interest rate between 4 and 7%,?three year term with a minimum one year prepayment lockout. Minimim loan amount is $200K, Maximum loan amount is $40M. NO margin call, but there is a collar of 150% to 400% range.? The collar is set by the Lender. It is not arbitrary, but the Lender can be flexible if the client is willing to work together.? For example, if the Lender can purchase restricted stock, or warrants in the company, then the Lender can significantly amplify the collar or actually remove it altogether.  INDIRECT PRODUCT (working with the Lender and a bank in Asia which provides the funding capital) LIMITED recourse loan meaning that you can only lose as much stock as the dollar amount you’ve borrowed. Loan To Value is up to 60%. NO prepayment lockout period. Annual interest rate is about 3%, NO COLLAR,?but there is a margin call on the stock if it goes down too far (around 30% or more). Funded by?a bank in Asia,?it allows the borrower to keep the stock in his name. The borrower is required to open an account with the bank and deposit the stock there, using standard securities trading account application. There is no need for a separate legal contract for this transaction. Should there be any question, please contact our representative whom you made contact with. NON-RECOURSE LOAN AGREEMENT INCLUDING STOCK SECURITY DELIVERY AND RE-DELIVERY AGREEMENT This Agreement made and entered into this 21st day of August 2009 by and between (the “Grantor”) and (collectively, the “Grantee”) is as follows: WHEREAS, the Grantee now owns securities of