0001144204-05-020342 Sample Contracts

Extension Agreement
Extension Agreement • June 30th, 2005 • Highway Holdings LTD • Miscellaneous fabricated metal products

The original agreement Shen Bao Qing Xie Zi (93) No. 12 between both parties (sanctified document No. Shen Bao Foreign (93) No. 152) signed on March 24, 1993 is going to be expired on 31st March, 2006. As both parties had a good co-operation during the period of the original agreement, for a further development of production, both parties have agreed to extend the original agreement for 10 years to 31st March 2016. The provisions of the original agreement remain unchanged and the supplementary provisions as follows:

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City Gao Xin District Factory Lease Contract
Factory Lease Contract • June 30th, 2005 • Highway Holdings LTD • Miscellaneous fabricated metal products

According to <The Contract Law of PRC> and other interrelated laws, rules, both parties must sign this contract based on equality, free will and compromise.

Extension Agreement
Extension Agreement • June 30th, 2005 • Highway Holdings LTD • Miscellaneous fabricated metal products

The original agreement Shen Bao Qing Xie Zi (91) No. 960 between both parties (sanctified document No. Shen Bao Foreign (91) No. 2325) signed on December 13, 1991 is going to be expired on 31st March, 2006. As both parties had a good co-operation during the period of the original agreement, for a further development of production, both parties have agreed to extend the original agreement for 10 years to 31st March 2016. The provisions of the original agreement remain unchanged and the supplementary provisions as follows:

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