0001144204-09-054817 Sample Contracts

NOTE PURCHASE AGREEMENT
Note  purchase Agreement • October 27th, 2009 • Master Silicon Carbide Industries, Inc. • Semiconductors & related devices • New York

This Note Purchase Agreement (this “Agreement”) is made and entered into as of September 21, 2009 by and between Master Silicon Carbide Industries, Inc. (formerly known as Paragon Semitech USA, Inc.), a Delaware corporation with offices at 558 Lime Rock Road Lakeville, Connecticut 06039 (the “Company”) and The China Hand Fund I, LLC with an address at 420 Lexington Avenue, Suite 860, New York, NY 10170 and/or its successor and assigns (the “Investor” and together with the Company, the “Parties”).

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