DEPOSIT AGREEMENT by and among CHINA AUTO RENTAL HOLDINGS INC. AND CITIBANK, N.A., as Depositary, AND THE HOLDERS AND BENEFICIAL OWNERS OF AMERICAN DEPOSITARY SHARES ISSUED HEREUNDER Dated as of , 2012Deposit Agreement • March 26th, 2012 • China Auto Rental Holdings Inc. • Services-auto rental & leasing (no drivers) • New York
Debt Transfer AgreementDebt Transfer Agreement • March 26th, 2012 • China Auto Rental Holdings Inc. • Services-auto rental & leasing (no drivers)
WHEREAS the Transferor becomes the creditor of the Debtor due to business transactions, and as of 29 February 2012, the Debtor owed RMB 8,171,777.78 in total to the Transferor (hereinafter the “Debts”), the Transferor, the Transferee and the Debtor hereby reach an agreement consenting the Transferor to transfer the Debts to the Transferee at the same value. Effective from 29 February 2012, the Transferee shall become the creditor of such Debts, and the Debtor shall repay such Debts to the Transferee.
Debt Transfer AgreementDebt Transfer Agreement • March 26th, 2012 • China Auto Rental Holdings Inc. • Services-auto rental & leasing (no drivers)
WHEREAS the Transferor becomes the creditor of the Debtor due to business transactions, and as of 29 February 2012, the Debtor owed RMB 3,460,000.00 in total to the Transferor (hereinafter the “Debts”), the Transferor, the Transferee and the Debtor hereby reach an agreement consenting the Transferor to transfer the Debts to the Transferee at the same value. Effective from 29 February 2012, the Transferee shall become the creditor of such Debts, and the Debtor shall repay such Debts to the Transferee.
Debt Transfer AgreementTransfer Agreement • March 26th, 2012 • China Auto Rental Holdings Inc. • Services-auto rental & leasing (no drivers)
WHEREAS the Transferor becomes the creditor of the Debtor due to business transactions, and as of 29 February 2012, the Debtor owed RMB 11,222,422.22 in total to the Transferor (hereinafter the “Debts”). The Transferor, the Transferee and the Debtor hereby reach an agreement consenting the Transferor to transfer the Debts to the Transferee at the same value. Effective from 29 February 2012, the Transferee shall become the creditor of such Debts, and the Debtor shall repay such Debts to the Transferee.
Debt Transfer AgreementDebt Transfer Agreement • March 26th, 2012 • China Auto Rental Holdings Inc. • Services-auto rental & leasing (no drivers)
WHEREAS the Transferor becomes the creditor of the Debtor due to business transactions, and as of 29 February 2012, the Debtor owed RMB 5,200,000.00 in total to the Transferor (hereinafter the “Debts”), the Transferor, the Transferee and the Debtor hereby reach an agreement consenting the Transferor to transfer the Debts to the Transferee at the same value. Effective from 29 February 2012, the Transferee shall become the creditor of such Debts, and the Debtor shall repay such Debts to the Transferee.
