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Letter of Guarantee

Guarantee Agreement

Letter of Guarantee | Document Parties: GREAT CHINA INTERNATIONAL HOLDINGS, INC. | Silverstrand International Holdings Limited You are currently viewing:
This Guarantee Agreement involves

GREAT CHINA INTERNATIONAL HOLDINGS, INC. | Silverstrand International Holdings Limited

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Title: Letter of Guarantee
Date: 11/27/2007
Industry: Real Estate Operations     Sector: Services

Letter of Guarantee, Parties: great china international holdings  inc. , silverstrand international holdings limited
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Letter of Guarantee

To Silverstrand International Holdings Limited (Silverstrand):

Whereas the guarantor signed the Letter of Intent with Silverstrand on Oct.30,2007 in Wuhan China, and designated Ms. ZHANG Yu to sign the Share Transfer Agreement with Silverstrand on Nov.20,2007 in Beijing China, and Ms. ZHANG Yu shall pay the share transfer fee of RMB300 million.

The guarantor guarantees as follows:

1. The guarantor ensures that Ms. ZHANG Yu shall implement the Share Transfer Agreement and the guarantor shall implement in the event of her failure.

The guarantor secures the share transfer fee of RMB 300 million, interests, bre


 
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