Equity pledge contract



Pledgor (hereinafter referred to as Party A):



 



Pledgee (hereinafter referred to as Party B):



 



In order to ensure the performance of the contract signed by Party A and Party B, Party A shall pledge the equity of the investment, and the two parties agree on the terms of the contract as follows:



 



Article 1 The creditor's rights guaranteed by this contract are: The total amount of the loan issued by Party B to Party A according to the loan contract is RMB (capital). The annual interest rate of the loan is from the date of the year to the day of the month.



 



Article 2 The subject of the pledge contract



 



(1) The pledge target is the equity invested by Party A (ie the above-mentioned contract borrower) and its derivative interest.



 



(2) The amount of the pledge equity is Yuan.



 



(3) Pledged equity derivative interest refers to the dividends and other gains of the pledged equity, which must be recorded in the custodial account opened by Party A in Party B as a guarantee for the loan repayment under the essential pledge.



 



Article 3 Party A shall, within 10 days after the conclusion of this contract, obtain the consent of the company's board of directors for the pledge, and register the pledge shares on the register of shareholders, and hand over the equity certificate to Party B for safekeeping.



 



Article 4 If the loan contract under this equity pledge affects the instinct contract if it is modified or supplemented, the two parties shall negotiate to modify and supplement the instinct contract so as to be consistent with the loan contract provisions under the equity pledge.



 



Article 5 If the contract is to be abridged, modified or supplemented due to force majeure reasons, it shall not be exempted.



 



Or reduce the liability of Party A in this contract, and does not affect or infringe Party B's rights and interests under this contract.



 



Article 6 In the event of one of the following matters, Party B shall have the right to dispose of the pledged equity and its derivative interest in accordance with the law, and the proceeds and interests shall be paid off in priority.



 



(1) Party A does not repay the principal and interest of the loan, interest and expenses as scheduled under the contract of the nature.



 



(2) Party A was declared dissolved and bankrupt.



 



Article 7 During the term of this contract, if Party A needs to transfer the pledge of equity, Party B shall, with the written consent of Party B, and pay the proceeds of the transfer in advance to settle the principal and interest of the loan.



 



Article 8 After the contract comes into effect, neither Party A nor Party B may change or terminate the contract without authorization, unless agreed by both parties and reached a written agreement.



 



Article 9 If Party A fails to obtain the pledge of the company's board of directors within the time limit specified in Article 3 of this contract or has pledge the equity to a third party before the signing of this contract, Party B has the right to recover the principal and interest of the loan in advance and has the right to request Party A. compensation.



 



Article 10 This contract is an integral part of the secured loan contract and shall be effective upon the signature of both parties and from the date of registration of the equity pledge.



 



Party A: (Official seal)



 



Legal representative (or attorney): (signature)



 



   year month day



 



Party B: (Official seal)



 



Legal representative (or attorney): (signature)



 



   year month day



 


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