Promissory Note between Green Forest Management Consulting Inc. and Chen, Kuan-Yu for TWD $1,214,398,015
Green Forest Management Consulting Inc. has issued a promissory note to Chen, Kuan-Yu, the seller of certain land lots in Miaoli County, Taiwan, promising to pay TWD $1,214,398,015. The payment is due on or before August 11, 2014, as per the instructions of the seller. The note is issued in connection with a Land Sale and Purchase Agreement dated the same day, and details of the land lots and ownership interests are listed in an annex.
GREEN FOREST MANAGEMENT CONSULTING INC.
FORM OF PROMISSORY NOTE
TWD $1,214,398,015
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.), Chen, Kuan-Yu(the "Land Seller") the sum of One Billion Two Hundred Fourteen Million Three Hundred Ninety Eight Thousand Fifteen New Taiwan Dollars (TWD $1,214,398,015). The Land Seller's ownership interest in this Promissory Note is detailed on Annex A to this Promissory Note.
The sum shall be repaid to the Land Seller on or before August 11, 2014 according to the instructions of the Land Seller.
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) |
Chen, Kuan-Yu | Dataoping Section, Zaoqiao Township, Miaoli County, Taiwan (R.O.C.)
| 65, 67, 68, 69, 72, 73, 74, 75, 76, 77, 78, 79, 80, 81-1, 81-2, 81-5, 83, 83-1, 86, 87, 87-1, 88, 529, 530, 531, 532, 533, 534, 536, 537, 538, 540, 541, 542, 580, 580-1, 582, 583, 628-1, 628-2, 628-4, 646, 646-3, 647-3, 647-4, 647-5, 647-6, 647-8, 647-11, 647-13, 647-14, 647-19, 647-21, 648, 655, 655-1, 655-2, 655-3, 655-4, 655-5, 655-8, 655-10, 655-12, 656, 657, 658, 659, 660, 661, 661-3, 662, 663, 666-1, 668-3, 670, 671, 672, 673, 674, 675, 676, 677, 678, 679, 680, 680-1, 680-2, 680-3, 680-4, 680-5, 681, 682, 683, 684, 684-1, 685, 686, 687, 687-1, 687-2, 688, 689, 691, 693, 694, 695, 695-1, 696, 697, 699, 699-1, 699-2, 699-3, 699-4, 699-12, 699-13, 699-15, 699-15, 699-19, 699-21, 699-23, 699-24, 700, 701, 703, 703-1, 711 | 453,294.86 | 463,414.86 | $1,214,398,015 |
Laotianliao Section, Touwu Township, Miaoli County, Taiwan (R.O.C.) | 19, 21, 22, 23, 24, 411, 422, 423, 425, 429, 432-2, 432-5 | 10,120 |