Common use of Deposit Services Clause in Contracts

Deposit Services. Pursuant to the Financial Services Agreement, Founder Finance will provide RMB deposit services to the Group. The Group will open and maintain RMB deposit accounts with Founder Finance. The interest rates on the Deposit Services offered by Founder Finance to the Group will not be lower than those offered by other PRC financial institutions, subject to the standard RMB deposit rates promulgated by PBC from time to time. The Proposed Deposit Cap for the three years ending 31 December 2016 shall not exceed RMB120,000,000 on a daily basis. In the event that the Group suffers any financial loss by reason of default by Founder Finance, Founder Finance shall compensate the Group for such loss suffered by the Group in accordance with the rules and regulations of PBC.

Deposit Services. Pursuant to the Financial Services Agreement, Founder Finance will provide RMB deposit services to the GroupGroup pursuant to the Financial Services Agreement. The Group will open and maintain RMB deposit accounts with Founder Finance. The interest rates on the Deposit Services offered by Founder Finance to the Group will not be lower than those offered by other PRC financial institutions, subject to the standard RMB deposit rates promulgated by PBC from time to time. The Proposed Deposit Cap for the three years ending 31 December 2016 2013 shall not exceed RMB120,000,000 RMB80 million on a daily basis. In the event that the Group suffers any financial loss by reason of default by Founder Finance, Founder Finance shall compensate the Group for such loss suffered by the Group in accordance with the rules and regulations of PBC.

Deposit Services. Pursuant to the Financial Services Agreement, Founder Finance will provide RMB deposit services to the GroupGroup pursuant to the Financial Services Agreement. The Group will open and maintain RMB deposit accounts with Founder Finance. The interest rates on the Deposit Services offered by Founder Finance to the Group will not be lower than those offered by other PRC financial institutions, subject to the standard RMB deposit rates promulgated by PBC from time to time. The Proposed Deposit Cap for the three years ending 31 December 2016 2013 shall not exceed RMB120,000,000 on a daily basisRMB100 million, RMB110 million and RMB121 million, respectively. In the event that the Group suffers any financial loss by reason of the default by of Founder Finance, Founder Finance shall compensate the Group for such loss suffered by the Group in accordance with the rules and regulations of PBC.