Promissory Note between Green Forest Management Consulting Inc. and Yu, Chien-Yang for TWD $200,301,985

Summary

Green Forest Management Consulting Inc. has issued a promissory note to Yu, Chien-Yang, the seller of certain land lots in Miaoli County, Taiwan. Under this agreement, Green Forest Management Consulting Inc. promises to pay Yu, Chien-Yang a total of TWD $200,301,985 for the land, with payment due on or before December 27, 2013. The note details the specific land lots involved and the amount owed, formalizing the payment obligation as part of a land sale and purchase agreement.

EX-10.2 3 v364140_ex10-2.htm EXHIBIT 10.2

GREEN FOREST MANAGEMENT CONSULTING INC.

FORM OF PROMISSORY NOTE

TWD $200,301,985

Dated: December 27, 2013

For value received, and pursuant to the Land Sale and Purchase Agreement dated December 27, 2013, Green Forest Management Consulting Inc. promises to pay the seller of certain lots of land in Zaoqiao Township and Touwu Township, Miaoli County, Taiwan (R.O.C.), Yu, Chien-Yang (the “Land Seller”) the sum of Two Hundred Million Three Hundred One Thousand Nine Hundred Eighty Five New Taiwan Dollars (TWD $200,301,985). 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 December 27, 2013 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.)

Annex A

PROMISSORY NOTE HOLDERS

Note Holder

Land Lot

Land Number

(m2)

Total Area of
Registered
Land

Value of
Interest
(TWD)

Yu, Chien-Yang

Dataoping Section, Zaoqiao Township

86-1、86-3、90、698-1、699-6、699-7、699-8、699-9、699-10、699-11、699-18、699-27

35,251

76,435

200,301,985

Laotianliao Section, Touwu Township

414-2、414-3、421-1、426、432-12、432-11

41,184