Exhibit 10.14
Promissory Note |
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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: |
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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: |
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2. |
The interest rate of this promissory note shall be calculated as follows from the issuing date of this note: |
Drawer |
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☐ 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: |
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☐ Others: |
Drawer |
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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 |
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3. |
Place of payment: |
Address: |
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Date: July 23, 2019 |
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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 |
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With this note, a total of USD 1 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: |
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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: |
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2. |
The interest rate of this promissory note shall be calculated as follows from the issuing date of this note: |
Drawer |
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☐ 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: |
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☐ Others: |
Drawer |
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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 |
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3. |
Place of payment: |
Address: |
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Date: July 23, 2019 |
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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.