GREEN FOREST MANAGEMENT CONSULTING INC. FORM OF PROMISSORY NOTE
GREEN FOREST MANAGEMENT CONSULTING INC.
FORM OF PROMISSORY NOTE
TWD $3,369,303,693
Dated: August 11, 2014
For value received, and pursuant to the Land Sale and Purchase Agreement dated August 11, 2014, Green Forest Management Consulting Inc. promises to pay the Sellers of certain lots of land in Zaoqiao Township and Touwu Township, Miaoli County, Taiwan (R.O.C.), Yao De International Recreation Incorporation, Yu, Chien-Yang and Mao Ren International Inc. (the "Land Sellers") the sum of Three Billion Three Hundred Sixty Nine Million Three Hundred Three Thousand Six Hundred Ninety Three New Taiwan Dollars (TWD $3,369,303,693). The Land Sellers' ownership interest in this Promissory Note is detailed on Annex A to this Promissory Note.
The sum shall be repaid to the Land Sellers on or before August 11, 2014 according to the instructions of the Land Sellers.
Green Forest Management Consulting Inc.
By: /s/ Chiang, Yu-Chang
Chiang, Yu-Chang
Director
Green Forest Management Consulting Inc.
Rm. B302C, 3F.-2, No. 185, Kewang Rd.
Longtan Township, Taoyuan County 325
Taiwan (R.O.C.)
1
Annex A
PROMOSSORY NOTE HOLDERS
Note Holder | Land Lot | Land Number | (m2) | Total Area of Registered Land | Value of Interest (TWD) |
Lo, Fun-Ming | Dataoping Section, Zaoqiao Township, Miaoli County, Taiwan (R.O.C.) | 668, 668-1, 668-2, 669, 702, 706, 706-1, 706-17, 706-18 | 894,453.89 | 1,285,713.89 | 3,369,303,693 |
Laotianliao Section, Touwu Township, Miaoli County, Taiwan (R.O.C.) | 432-16, 432-31, 432-34, 432-36, 432-37, 444, 444-1, 444-8, 444-32, 449 | ||||
Yu, Chien-Yang | Dataoping Section, Zaoqiao Township, Miaoli County, Taiwan (R.O.C.) | 64, 66, 67-1, 68, 70, 71, 81-3, 81-4, 83-2, 539, 628, 628-3, 628-5, 628-6, 647-1, 647-7, 647-12, 647-18, 647-20, 655-7, 655-11, 661-2, 690, 699-5, 699-22, 699-28, 699-29, 699-30, 706-2, 706-9 | 386,673 | ||
Mao Ren International Inc. | Dataoping Section, Zaoqiao Township, Miaoli County, Taiwan (R.O.C.) | 664, 665, 655-9, 666, 661-1, 661-4, 667 | 4,587 |