INDEBTEDNESS CONVERSION AGREEMENTIndebtedness Conversion Agreement • September 30th, 2010 • New Oriental Energy & Chemical Corp. • Industrial organic chemicals • Delaware
This Indebtedness Conversion Agreement (this “Agreement”) is entered into and dated as of September 28, 2010 (the “Closing Date”) by and among New Oriental Energy & Chemical Corp., a Delaware corporation, with headquarters located at Xicheng Industrial Zone of Luoshan, Xinyang Henan Province, The People’s Republic of China (the “Company”) and Chen Siqiang (the “Holder”), with reference to the following:
