APPLICATION FOR SHIPPING

GUARANTEE / BILL OF LADING ENDORSEMENT

Date.:
TO: Sumitomo Mitsui banking Corporation, Ref. No.:
Taipei Branch / Offshore Banking Branch (the “Bank”)

We, the Applicant, hereby request the Bank to countersign on the letters of guarantee addressed to shipping

companies, shipping agents and/or forwarding agents (the "Guarantee") for release of the goods without presentation

of the relevant bill(s) of lading or other document(s) copies of which are attached hereto.

We, the Applicant, hereby request the Bank to endorse the enclosed duplicate Bills of Lading/Airway Bill (the

"Endorsement") for release of the goods mentioned below.

With L/C (L/C No.:) Without L/C

B/L No./ AWB No./ Parcel Post Delivery Order:
Invoice Amount: / Quantity:
Commodities:
Vessel/ Flight: / From: / To:
Agents of Vessel:
Consigned to:

In consideration of the Guarantee/Endorsement,we hereby agree to be bound by the terms and conditions as stated overleaf.

Endorsed by / Applicant
Also used as Execution slip / Authorized Signature
Balance / Applicant:
Cr. Line
Maturity / Line No. / Attn:
Audit / GM / Approve / Check / Make
/ Tel No:

Terms and Conditions

1.Fee. The Applicant shall pay to the Bank a fee according to the Bank's standard charges currently in effect plus gross business receipts tax, if any, payable on the date hereof.

2.Facility Letter and General Agreement. This application is submitted pursuant to, and the transactions contemplated hereby shall be governed by, the terms and conditions of the Banking Facilities Confirmation Letter (the "Facility Letter"), if any, that certain General Agreement for Banking Transactions and that certain application for commercial letter of credit, all between the Bank and the Applicant (collectively, the "General Agreements") which General Agreements are incorporated herein by reference and made a part hereof. All capitalized terms used herein shall have the same meaning as defined in the General Agreements unless otherwise defined herein. The Applicant's obligations with respect to the Guarantee/Endorsement shall be secured by the Security, if any.

3.Applicant's Representations and Undertakings. The Applicant hereby represents that the Applicant is duly entitled to request the release of, and to take delivery of, the subject goods from the shipping company/shipping agent/forwarding agent and undertakes to acquire and will submit to the shipping company/shipping agent/forwarding agent the original of the relevant bill(s) of lading within fourteen (14) days of the date hereof.

4.Prepayment and Cash Call. The Applicant acknowledges that the liabilities under the Guarantee are Contingent Liabilities subject to prepayment and Cash Call under Section 2(e) of the General Agreement for Banking Transactions.

5.Authorization and Indemnity. The Applicant hereby authorizes the Bank to make payment on the Guarantee/Endorsement as and when demanded by the beneficiary thereof without regard to the validity of such demand and without assertion of any legal right the Bank may otherwise have not to make such payment, or in accordance with paragraph 4, above. The Applicant shall immediately, on demand from the Bank, reimburse to the Bank any and all sums paid by the Bank on any Guarantee/Endorsement together with interest thereon from the date of payment by the Bank to and including the date of reimbursement by the Applicant to the Bank at Default Rate as stipulated in the General Agreements which interest shall be payable on demand.

The Applicant irrevocably directs the Bank to honor without deduction and without further consultation with the Applicant any presentation of documents, whether or not discrepant, relative to the subject goods, under any L/C under which the subject goods were shipped, and the Applicant agrees to reimburse and indemnify the Bank and/or its correspondents on demand for any such honor.

The Applicant hereby also agrees to indemnify and hold harmless, the Bank from and against all expenses, costs, liabilities or other consequences which may arise or result from the Bank's performance of the requests made herein and to reimburse the Bank, on demand, for any and all of the foregoing. The Applicant further agrees, upon request by the Bank, to appear and defend any action with respect thereto.