CHARDAN CHINA ACQUISITION CORP. III
______________, 2005
Chardan Capital, LLC
000 Xxxxxxxx
Xxxxx 0000
Xxx Xxxxx, Xxxxxxxxxx 00000
Gentlemen:
This letter will confirm our agreement that, commencing on the
effective date ("Effective Date") of the registration statement for the initial
public offering ("IPO") of the securities of Chardan China Acquisition Corp. III
("CCAC") and continuing until the earlier of the consummation by CCAC of a
"Business Combination" or CCAC's liquidation (as described in CCAC's IPO
prospectus) (the "Termination Date"), Chardan Capital, LLC shall make available
to CCAC certain office and secretarial services as may be required by CCAC from
time to time, situated at 000 Xxxxxxxx, Xxxxx 0000, Xxx Xxxxx, Xxxxxxxxxx 00000.
In exchange therefore, CCAC shall pay Chardan Capital, LLC the sum of $7,500 per
month on the Effective Date and continuing monthly thereafter until the
Termination Date.
Very truly yours,
CHARDAN CHINA ACQUISITION CORP. III
By:
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Name: Xxxxxxxx Xxxxx
Title: Chairman
AGREED TO AND ACCEPTED BY:
CHARDAN CAPITAL, LLC
By:
----------------------
Name:
Title:
