SIDE AGREEMENTSide Agreement • August 8th, 2016 • Keyuan Petrochemicals, Inc. • Industrial organic chemicals • New York
This side agreement (this “Agreement”) is entered into as of August 4, 2016 between Keyuan Petrochemicals, Inc., a Nevada corporation (the “Company”), and Delight Reward Limited, a British Virgin Islands company and a majority shareholder of the Company (“Delight Reward”), as a side agreement to that certain share purchase and settlement agreement that the Company, Delight Reward, and other affiliated parties of the Company entered into with Dragon State Limited (“Dragon State”) and others on July 11, 2016 (the “Settlement Agreement”).
