0001213900-20-013242 Sample Contracts

EXCHANGE AGREEMENT

Exchange Agreement • May 21st, 2020 • China Recycling Energy Corp • Services-business services, nec • Utah

• Contract Type
  Exchange Agreement
• Filed
  May 21st, 2020
• Company
  China Recycling Energy Corp
• Industry
  Services-business services, nec
• Jurisdiction
  Utah

This Exchange Agreement (this “Agreement”) is entered into as of May 15, 2020 by and between Iliad Research and Trading, L.P., a Utah limited partnership (“Lender”), and China Recycling Energy Corporation, a Nevada corporation (“Borrower”). Capitalized terms used in this Agreement without definition shall have the meanings given to them in the Exchange Note (defined below).

FORBEARANCE AGREEMENT

Forbearance Agreement • May 21st, 2020 • China Recycling Energy Corp • Services-business services, nec • Utah

• Contract Type
  Forbearance Agreement
• Filed
  May 21st, 2020
• Company
  China Recycling Energy Corp
• Industry
  Services-business services, nec
• Jurisdiction
  Utah

This Forbearance Agreement (this “Agreement”) is entered into as of May 15, 2020 by and between Iliad Research and Trading, L.P., a Utah limited partnership (“Lender”), and China Recycling Energy Corporation, a Nevada corporation (“Borrower”). Capitalized terms used in this Agreement without definition shall have the meanings given to them in the Note (defined below).