Worldwide Energy and Manufacturing (Nantong) Co., Ltd. Equity Transfer AgreementEquity Transfer Agreement • August 4th, 2011 • Worldwide Energy & Manufacturing Usa Inc • Miscellaneous manufacturing industries
Pursuant to the principles of equality and free will, and according to the laws, rules and regulations of the state, Party A and Party B agree to the following terms and conditions regarding the equity transfer between the parties:
Worldwide Energy and Manufacturing (Nantong) Co., Ltd. Supplemental Agreement re Equity TransferWorldwide Energy & Manufacturing Usa Inc • August 4th, 2011 • Miscellaneous manufacturing industries
Pursuant to the principles of equality and free will, and according to the laws, rules and regulations of the state, Party A and Party B agree to the following terms and conditions regarding the equity transfer between the parties:
Supplemental AgreementSupplemental Agreement • August 4th, 2011 • Worldwide Energy & Manufacturing Usa Inc • Miscellaneous manufacturing industries
Whereas the parties entered into an Equity Transfer Agreement regarding Worldwide Energy and Manufacturing (Nantong) Co., Ltd. on March 10, 2010 (hereinafter referred to as “Equity Transfer Agreement”) and such Equity Transfer Agreement has been approved by Rugao Bureau of Commerce and has become effective.
SINO-FOREIGN EQUITY JOINT VENTUREWorldwide Energy & Manufacturing Usa Inc • August 4th, 2011 • Miscellaneous manufacturing industries
In accordance with the Sino-foreign Equity Joint Venture Law of the People’s Republic of China (the “Equity Joint Venture Law”) and other relevant PRC laws and regulations, Rugao Brother Solar Energy and Technology, Ltd. and Worldwide Energy and Manufacturing USA, Inc., agree to change the nature of the cooperative joint venture established by the Parties in Rugao City, Jiangsu Province, Worldwide Energy and Manufacturing (Nantong) Co., Ltd., to an equity joint venture and therefore to enter into this Equity Joint Venture Contract (“Contract”) through friendly consultations based on the principles of equality and mutual benefit.
