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-10.12 - EXHIBIT 10.12 - UNIVERSAL SOLAR TECHNOLOGY, INC. | v337652_ex10-12.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: Ling Chen
Whereas:
1. Party A is a public company trading on OTC BB;
2. Party B is Director of Party A;
Party A and Party B agree that all loans provided by Party B to Party A shall be due on December 31, 2016. All loans provided by Party B 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: Ling Chen
/s/ Ling Chen