Natural Person Guarantee Contract Number of this natural person guarantee contract: (2009) Jian Ping Song Dai Zi Bao Zi No.5-1

1.  

All debts under the Master Contract, including but not limited to all principal, interest (including compound interest and default interest), liquidated damages, compensation, other payment payable by the obligor to Party B (including but not limited to expanse for procedure, telecommunication charge, miscellaneous fee, relevant bank charge that foreign beneficiary refuses to pay), expenses incurred by Party B for the realization of its credit rights and rights under the guarantee (including but not limited to litigation fee, arbitration fee, property preservatino fee, travelling expense, enforcement fee, evaluation fee, auction fee, notarization fee, service fee, notice fee, attorney fee, etc.,)

2.  

The principal (currency type) Renmingbi ( Capitalization of amount) eight million only and interest (including compound interest and penalty interest) under the Master Contract, liquidated damages, compensation, other payment payable by the debtor to Party B (including but not limited to expense for procedure, telecommunication charge, miscellaneous fee, relevant bank charge that foreign beneficiary refuses to pay), expenses incurred by Party B for the realization of its credit rights and rights  under the guarantee (including but not limited to litigation fee, arbitration fee, property attachment fee, travelling expense, enforcement fee, evaluation fee, auction fee, notarization fee, service fee, notice fee, attorney fee, etc.,)

(1)  

Submitting lawsuits to the People’s Court with competent jurisdiction over Party B’s domicile.

(2)  

Submitting to (left blank) Arbitration Commission (place of arbitration: (left blank) ) for arbitration in accordance with the arbitration rules of the Arbitration Commission in force at the time of application. The arbitration award shall be final, and binding upon both parties.