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    Suretyship Contract

    2008/8/19 15:05:00 41760

    Contract number: guarantor Name: Residence: legal representative: Account Opening: financial institution: Account: Telephone: Postal Code: Fax: the name of the lender: Residence: legal representative: Telephone: zip code: Fax: the name of the borrower: Residence: legal representative: an account opening financial institution: Account: telephone: zip code: Fax: date of signing the contract: the date of signing the contract on the date of the month: the borrower of the province (city) city (District) (hereinafter referred to as Party A): the lender (hereinafter referred to as Party B): the guarantor (hereinafter referred to as Party B): the party is willing to provide a guarantee for the contract No. 1 and B signed by Party A for the request of Party A.

    After examination, Party B agrees that Party C shall be the guarantor of Party A's repayment.

    The three parties, a, B and C, have concluded this contract by consensus.

    Article 1 the amount guaranteed by the party shall be the sum of the capital principal (capital) and the corresponding interest and expenses borrowed by Party A from Party B under the year title contract (hereinafter referred to as the main contract).

    The second party shall bear joint and several liability for the payments listed in the preceding article.

    If Party A fails to repay the principal and interest and the corresponding expenses according to the principal contract, Party B has the right to recover directly from the party.

    Party C guarantees that the above amount will be paid within one business day after receipt of written notice by Party B.

    The guaranty liability of the third party shall not be waived by any instruction of Party A's superior unit, the change of Party A's status and financial status, the signing of any agreement or document by Party A with any unit and the invalidation or dissolution of the principal contract guaranteed by this guaranty contract.

    If the fourth party organizations are changed or revoked, the party shall notify Party B and Party A in advance of the letter of heaven, and this guarantee that all the obligations under the contract shall be borne by the institution after the change, or that Party A and Party C shall undertake the new guarantor accepted by Party B.

    Fifth after the entry into force of this contract, Party A and Party B shall, if necessary, extend the term of the loan under the main contract or change the other terms of the main contract, and shall have the consent of the C side to reach a written agreement by the Three Party A, B and C.

    Sixth after the entry into force of this contract, Party C has the right to supervise Party A's funds and property, and has the right to require Party A to provide financial statements and other materials. Party A shall provide truthfully.

    The seventh guarantee amount of this contract shall be deducted from the amount of the principal, interest and expenses stipulated in the second clause of this contract.

    The Eighth Party shall have the right to recover the principal and interest and expenses of Party A.

    Ninth no Party A, B and C shall alter or terminate this contract without authorization during the validity of this contract.

    If the terms of this contract need to be changed, it shall be agreed by the three parties to reach a written agreement.

    The tenth breach of contract 1. Party C violates the second provision of the contract and fails to pay the debts due on time. Party B has the right to entrust the party to open an account and deduct the financial institution directly from the deposit account of the party.

    2. if Party C violates the provisions of the fourth contract, Party B shall pay liquidated damages to Party B according to the total amount of the guarantee.

    Party B will cause economic losses to Party B, and the amount of liquidated damages is insufficient to compensate for the losses suffered. Party B should also compensate Party B for direct economic losses.

    3. if Party A violates the fourth clause of this contract, Party B has the right to stop issuing new loans and recover the principal and interest of the loans already issued in advance.

    4. Party A and Party B, in violation of the provisions of article fifth of this contract, extend the term of loan under the main contract without authorization, or change other provisions of the main contract without the consent of the party.

    5. the payment of liquidated damages stipulated in this article shall be agreed upon by both parties as follows: eleventh dispute resolution: disputes arising from the execution of the contract by the Three Party A, B and C shall be settled by three parties or through mediation.

    If negotiation or mediation fails, arbitration can be applied to the arbitration agency of the place where the contract is signed for arbitration, or the people's Court of the place where the contract is signed shall be prosecuted.

    Twelfth other items agreed by the Three Party A, B and C: thirteenth, the contract shall be signed by the authorized representatives of the three party, the three party's legal representative or the authorized representative, and the official seal of the unit shall be affixed. The contract shall come into force on the date of the entry into force of the independent contract.

    The fourteenth contract is original in three copies, and each Party A, B and C shall hold three copies.

    Party A: official seal Party B: the official seal: Party: the legal representative of the official seal: the signature legal representative: the signature legal representative: the signature (or its authorized agent) (or its authorized agent), or the authorized agent, will sign the contract place on the date of the month, year, month, and month, and year, month, month, year, and month.

    The scope and scope of application of the guarantee contract: this contract is the third party other than the parties to the loan contract. It is a guaranty contract signed by the borrower with the borrower and the lender when the borrower fulfills his contractual obligations.

    Two, if there are more than two (including two) guarantor in a contract, a number of guarantor will participate in the signing of the guarantee contract as a party at the same time.

    The guarantor liability between the various guarantors shall be agreed upon by the parties after consultation and agreement in twelfth other matters agreed by the parties.

    Three, second, fourth spaces before the date, by the parties consensus after the completion of the specific period.

    Four, the proportion of tenth liquidated damages and the way of payment shall be completed by consensus after consultation.

    Five, other matters agreed by the parties to the contract should be stipulated in the contract, and the terms of this contract are not covered by the parties, and shall be completed in twelfth by consensus.

    The six and thirteenth stipulations are the effective date of the contract signatory.

    The contract must be signed by the legal representative of Party A, B and C, or the agent authorized by the legal representative, and the official seal will be affixed to the unit. The signature of any other person and any chapter other than the official seal of the unit shall not be valid.

    If the parties to a contract do not have the legal person qualification, they shall be signed by the principal responsible person or the authorized agent.


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