0001213900-20-002277 Sample Contracts

EXCHANGE AGREEMENT
Exchange Agreement • January 31st, 2020 • CBAK Energy Technology, Inc. • Miscellaneous electrical machinery, equipment & supplies • Utah

This Exchange Agreement (this “Agreement”) is entered into as of January 27, 2020 by and between Atlas Sciences, LLC, a Utah limited liability company (“Lender”), and CBAK Energy Technology, Inc., a Nevada corporation (“Borrower”). Capitalized terms used in this Agreement without definition shall have the meanings given to them in the Original Note (as defined below).

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