0001144204-06-036210 Sample Contracts

WARRANT CLARIFICATION AGREEMENT
Warrant Clarification Agreement • August 29th, 2006 • Chardan North China Acquisition Corp • Blank checks • New York

This Warrant Clarification Agreement (this “Agreement”), dated August 24, 2006, is to the Warrant Agreement, dated as of August 2, 2005 (the “Warrant Agreement”), by and between Chardan North China Acquisition Corporation, a Delaware corporation (“Company”), and Continental Stock Transfer & Trust Company, a New York corporation (“Warrant Agent”).

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AMENDMENT TO UNIT PURCHASE OPTION
Unit Purchase Option • August 29th, 2006 • Chardan North China Acquisition Corp • Blank checks

This AMENDMENT TO UNIT PURCHASE OPTION (this “Amendment”), dated August 24, 2006, is made by and between Chardan North China Acquisition Corporation (the “Company”) and the holder designated on the signature page hereof (“Holder”), to that certain Unit Purchase Option referred to below.

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