Attached files
| file | filename |
|---|---|
| EXCEL - IDEA: XBRL DOCUMENT - UNIVERSAL SOLAR TECHNOLOGY, INC. | Financial_Report.xls |
| 10-K - FORM 10-K - UNIVERSAL SOLAR TECHNOLOGY, INC. | v337652_10k.htm |
| EX-31.2 - EXHIBIT 31.2 - UNIVERSAL SOLAR TECHNOLOGY, INC. | v337652_ex31-2.htm |
| EX-32.1 - EXHIBIT 32.1 - UNIVERSAL SOLAR TECHNOLOGY, INC. | v337652_ex32-1.htm |
| EX-32.2 - EXHIBIT 32.2 - UNIVERSAL SOLAR TECHNOLOGY, INC. | v337652_ex32-2.htm |
| EX-31.1 - EXHIBIT 31.1 - UNIVERSAL SOLAR TECHNOLOGY, INC. | v337652_ex31-1.htm |
| EX-10.13 - EXHIBIT 10.13 - UNIVERSAL SOLAR TECHNOLOGY, INC. | v337652_ex10-13.htm |
Letter of Confirmation of Related Party Loans
Party A: Universal Solar Technology, Inc. (including its wholly-owned subsidiaries, Kuong U Science & Technology (Group) Ltd. and Nanyang Universal Solar Technology Co., Ltd. (“NUST”))
Party B: Wensheng Chen
Party C: Zhuhai Yuemao Laser Facility Engineering Co., Ltd.
Party D: Yuemao Science & Technology Group
Whereas:
1. Party A is a public company trading on OTC BB;
2. Party B is the Chief Executive Officer and Chairman of Board of Directors of Party A;
3. Party B is the legal representative of Party C;
4. Party B is the legal representative of Party D;
5. Party B, Party C and Party D provide funds to Party A in the form of related party loans.
Party A, Party B, Party C and Party agree that all loans provided by Party B, Party C and Party D to Party A shall be due on December 31, 2016. All loans provided by Party B, Party C and Party D to Party A will bear interest at the interest rate of 3.50% per annum. Party A can make payment of accrued interest when its cash flow circumstance allows.
Party A: Universal Solar Technology, Inc.
/s/ Wensheng Chen
Party B: Wensheng Chen
/s/ Wensheng Chen
Party C: Zhuhai Yuemao Laser Facility Engineering Co., Ltd.
/s/ Wensheng Chen
Party D: Yuemao Science & Technology Group
/s/ Wensheng Chen