0001144204-11-035599 Sample Contracts

Contract of Guarantee
Contract of Guarantee • June 14th, 2011 • Chisen Electric Corp • Miscellaneous electrical machinery, equipment & supplies

In order to ensure the performance of the Trust Loan Contract entered into by and between [Changxing Chisen Electric Co., Ltd.] (hereinafter “Borrower”) and Party B with the number [P2009M17ZJZH00012F14-0081-1] (hereinafter the “Master Contract”) and guarantee the fulfillment of the Lender’s right of Party B, Party A is willing to provide guarantee for the debts of Borrower under the Master Contract. Party A and Party B hereby agree as follows through negotiations for mutual compliance.

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SHANGHAI PUDONG DEVELOPMENT BANK Contract of Guarantee of Maximum Amount
Chisen Electric Corp • June 14th, 2011 • Miscellaneous electrical machinery, equipment & supplies • Hong Kong

In order to ensure that the Borrower would fulfill all of its lender’s rights under the master contract (refer to Article 7 herein) in time and guarantees the realization of lender’s rights by the Lender, the Guarantor is willing to undertake guarantee liabilities against all debts of the Borrower under the master contract.

Guarantee Contract China Construction Bank Zhejiang Branch
Chisen Electric Corp • June 14th, 2011 • Miscellaneous electrical machinery, equipment & supplies

In order to guarantee the fulfillment of Renminbi Loan contract, No. 64720012302010004, (“Master Contract) of Changxing Chisen Electric co., Ltd (hereinafter referred as Borrower). In order to protect the realization of Lender’s right of Lender, the Guarantor is willing to provide guarantee to Lender. Both Parties hereby agree as follows through negotiations on the basis of equality.

Contract of Guarantee of Maximum Amount
Chisen Electric Corp • June 14th, 2011 • Miscellaneous electrical machinery, equipment & supplies

Whereas, the Guarantor is willing to provide a guarantee of maximum amount for the Lender’s rights under a series of business contracts (hereinafter referred to as master contract) concluded by and between the Lender and Changxing Chisen Electric Co., Ltd. (hereinafter referred to as Borrower) in accordance with Article 1 of this Contract. In accordance with relevant national laws and regulations, all parties hereby conclude as follows through amicable negotiation:

Electrode Plate Supply Contract
Electrode Plate Supply • June 14th, 2011 • Chisen Electric Corp • Miscellaneous electrical machinery, equipment & supplies

On Party A’s production and operation demands and in the principle of mutual benefit and common development, both parties hereby enter into this Contract and hereby agree as follows:

Contract of Guarantee Contract No.: [ ]
Of Guarantee • June 14th, 2011 • Chisen Electric Corp • Miscellaneous electrical machinery, equipment & supplies

In order to ensure the performance of the Trust Loan Contract entered into by and between [Changxing Chisen Electric Co., Ltd.] (hereinafter “Borrower”) and Party B with the number [P2009M17ZJZH00012F14-0081-1, P2009M17ZJZH00012F14-0081-2] (hereinafter the “Master Contract”) and guarantee the fulfillment of the Lender’s right of Party B, Party A is willing to provide guarantee for the debts of Borrower under the Master Contract. Party A and Party B hereby agree as follows through negotiations for mutual compliance.

Contract of Guarantee of Maximum Amount AGRICULTURAL BANK OF CHINA
Chisen Electric Corp • June 14th, 2011 • Miscellaneous electrical machinery, equipment & supplies

Dear customer, in order to protect your right, please read the terms in detail (especially bolding caption) and acknowledge your right and obligation before you sign the contract.

Supplementary Agreement of Changxing Chisen Electric Co., Ltd Relocation Project
Supplementary Agreement • June 14th, 2011 • Chisen Electric Corp • Miscellaneous electrical machinery, equipment & supplies

This agreement is the supplementary of <Compensation for acquisition and relocation of Corporation>. There is equivalent legal force as if the original agreement. This agreement should be the basis if there is contradiction between the two agreements.

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