AGREEMENT ON TRANSFER OF EQUITY INTEREST AND OTHER INTERST IN TIANJIN HUANENG GROUP ENERGY EQUIPMENT CO., LTD. Between TIANJIN JI COUNTY STATE-OWNED ASSETS ADMINISTRATION COMMISSION And BEIJING DELI SOLAR TECHNOLOGY DEVELOPMENT CO., LTD. May, 2007...Agreement • September 14th, 2007 • Deli Solar (USA), Inc. • Household appliances
Based on the principles of mutual benefit and good faith bargaining, and pursuant to the Company Law of the People’s Republic of China and relevant laws and regulations thereunder, for the purpose of transferring Party A’s equity interest in Tianjin Huaneng Group Energy Equipment Co., Ltd. (hereinafter “Tianjin Huaneng”) to Party B, Party A and Party B, through negotiations, hereby agree as follows:
ENTRUSTMENT AGREEMENTEntrustment Agreement • September 14th, 2007 • Deli Solar (USA), Inc. • Household appliances
WHEREAS, Party A intends to acquire the state-owned equity interest in Tianjin Huaneng Group Energy Equipment Co., Ltd. (hereinafter refer to as “Tianjin Huaneng”) held by Tianjin Municipal Ji County State-owned Assets Administration Commission (hereinafter refer to as the “SAAC”), and in order to facilitate the transfer of the aforementioned equity interest, Party A desires to entrust Party B to coordinate the equity acquisition;
AGREEMENT ON TRANSFER OF EQUITY INTEREST AND OTHER INTERST IN TIANJIN HUANENG GROUP ENERGY EQUIPMENT CO., LTD. Between TIANJIN JI COUNTY STATE-OWNED ASSETS ADMINISTRATION COMMISSION And BEIJING DELI SOLAR TECHNOLOGY DEVELOPMENT CO., LTD. August, 2007...Agreement • September 14th, 2007 • Deli Solar (USA), Inc. • Household appliances
Based on the principles of mutual benefit and good faith bargaining, and pursuant to the Company Law of the People’s Republic of China and relevant laws and regulations of the People’s Republic of China, Party A, through several negotiations, agreed to transfer its equity interest in Huaneng Group Energy Equipment Co., Ltd. (hereinafter “Tianjin Huaneng”) to Party B. For the purpose of completing such transfer, both parties, in consideration of the provisions and execution of the original agreement, hereby agree to the terms and conditions as follows:
