日商瑞穗銀行

MIZUHO BANK, LTD.

TRUST RECEIPT	Taipei Branch	Taichung Branch	Kaohsiung Branch	OBU

(信託收據)

實行日：
APPLICANT（申請人）	(空白，由銀行填寫)
OUR NO.	BRU

DRAWER（出口商）	L/C NO.（信用狀號碼）
NO.
DOCUMENTS COVER SHIPMENT OF（進口商品名）
DEAR SIRS, WE ACKNOWLEDGE RECEIPT OF SHIPPING DOCUMENTS AND HEREBY PLEDGED THAT WE OBSERVE THE CONDITIONS SPECIFIED ON THE BELOW HEREOF.
INVOICE AMOUNT（發票金額）
請蓋對本行進口約定章
FOR BANK USE ONLY
核 章	主 管	經 辦

AGREEMENT

In consideration of MIZUHO BANK, LTD. (hereinafter called “the Bank” ) agreeing to deliver the shipping documents indicated on the above hereof or the merchandise represented thereby, the title to which being reserved by the Bank as security for payment of import bills drawn under the letter of credit mentioned on the above hereof and accepted by me/us, or my/our promissory note(s) (or draft(s) drawn by the Bank and accepted by me/us) drawn to the order of the Bank for payment of the said import bill(s), and I/we hereby acknowledge receipt of the said shipping documents for the purpose of storing, or otherwise dealing with the merchandise on behalf of the Bank.

I/We hereby agree as follows:

The title to the documents or the merchandise being in my/our possession shall be reserved by the Bank until my/our obligations mentioned above is fully liquidated.

The merchandise represented by the documents shall be unloaded, cleared, stored, insured and sold by the Bank until my/us as agent of the Bank, the proceeds of sale thereof being paid to the Bank when received.

All expenses pertaining to unloading, clearing, transporting, warehousing, insuring, sale and any other disposition of the merchandise as well as import tax and other form of public imposts shall be borne by me/us.

I/We shall not sell the merchandise on credit for account of the Bank without consent of the Bank in writing. The form of receiving the proceeds or any other procedures pertaining to the sale shall be immediately notified to the Bank.

The merchandise shall be delivered against cash payment in principle. If such proceeds be notes, the parties of the same shall be notified to the Bank for approval before delivery of the merchandise. Upon receipt they shall be given to the Bank without delay. The Bank shall have the option to collect the notes at maturity, or to discount the same or to discount the same or entrust me/us to dispose of them.

The merchandise shall be kept in the space apparently separated for the Bank from other goods when stored in my/our own warehouse, subject to the inspection of the Bank with or without the presence of other parties concerned.
I/We have no objection to return possession of the merchandise to the Bank on demand. The Bank may designate where to warehouse the merchandise, when it is not stored in my/our own warehouse.

I/We shall be liable for all damages and losses on the merchandise. In case the Bank claims that the security is not sufficient for such reason or other, I/we shall submit margin deposit and/or alternative or additional security in compliance with the requirement of the Bank.

I/We agree to keep the merchandise fully insured against loss by fire and all other risks in favor of the Bank, which shall have the right to receive the proceeds thereof directly from the insurance company.

Matters not specified herein shall be dealt with in accordance with the provisions of General Credit Facility Agreement for Banking Transaction thereto previously submitted to the Bank.

In the case of the original shipping documents contained discrepancies, I/we agree to unconditionally accept the documents upon presentation of the Receipt even though the merchandise is defective or short of or incomplete or matters otherwise open to question.