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Summary of Bank Loan Agreement
Hua Nan Commercial Bank of Taiwan
Borrower Name: Color Stars, Inc. Borrower Account No.: 1870138500891 Borrower Company Unity No.: 80179506
Loan Amount:Three Million New Taiwan Dollars (NTD3,000,000.00)Loan Term: FromFeb. 22, 2012toAug. 22, 2012Interest Rate:3.023% per annum, fixed.
Chop/Signature:Wei-Rur Chen, President and CEO – Color Stars, Inc.