COMMITMENT LETTER June 28, 2012Equity Commitment Agreement • June 29th, 2012 • Fushi Copperweld, Inc. • Drawing & insulating of nonferrous wire • Nevada
Contract Type FiledJune 29th, 2012 Company Industry JurisdictionThis letter agreement sets forth the commitments of Abax Lotus Ltd. and AGC Asia 6 Ltd. (collectively, the “Sponsor” or “Abax”), subject to the terms and conditions contained herein, to purchase equity interests of Green Dynasty Holdings Limited, a Cayman Islands exempted company (“Holdco”). It is contemplated that, pursuant to that certain Agreement and Plan of Merger, dated as of the date hereof (as amended, restated, supplemented or otherwise modified from time to time, the “Merger Agreement”), by and among Fushi Copperweld, Inc., a Nevada corporation (the “Company”), Green Dynasty Limited, a Cayman Islands exempted company and a direct wholly-owned subsidiary of Holdco (“Parent”), Green Dynasty Acquisition, Inc., a Nevada corporation and a direct wholly-owned subsidiary of Parent (“Merger Sub”), and Holdco, Merger Sub will merge with and into the Company (the “Merger”), with the Company surviving the Merger as a direct wholly-owned subsidiary of Parent. Capitalized terms used in th