0001144204-08-048683 Sample Contracts

Contract
Restricted Stock Agreement • August 19th, 2008 • Solar Enertech Corp • Semiconductors & related devices • California

THE SECURITIES WHICH ARE THE SUBJECT OF THIS AGREEMENT HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE OR DISPOSITION MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED THERETO OR AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF 1933.

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Executive Incentive, Change of Control Retention and Severance Agreement
And Severance Agreement • August 19th, 2008 • Solar Enertech Corp • Semiconductors & related devices • California

This Executive Incentive, Change of Control Retention and Severance Agreement (the "Agreement") is made and entered into as of August 19, 2008 (the "Effective Date"), by and between Solar Enertech Corp. (“Company”) and Leo S. Young (the "Executive"). Capitalized terms used in this Agreement shall have the meanings set forth in Section 5 below.

STOCK PURCHASE AGREEMENT
Stock Purchase Agreement • August 19th, 2008 • Solar Enertech Corp • Semiconductors & related devices • California

THIS STOCK PURCHASE AGREEMENT (this “Agreement”) is entered into as of August 19, 2008 among Solar Enertech Corp. (the “Company”) and China New EnerTech, Inc., a company incorporated in the Cayman Islands (the “Cayman Co.”), and solely with respect to Section 4.8, Solar Enertech (Shanghai) Co., Ltd., and solely with respect Sections 4.9 through 4.12 hereof, Leo S. Young.

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