0001144204-06-050979 Sample Contracts

SUPPLEMENTAL WARRANT CLARIFICATION AGREEMENT
Warrant Clarification Agreement • December 1st, 2006 • Chardan North China Acquisition Corp • Blank checks • New York

This Supplemental Warrant Clarification Agreement (this “Agreement”), dated November 28, 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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SECOND AMENDMENT TO UNIT PURCHASE OPTION
Unit Purchase Option • December 1st, 2006 • Chardan North China Acquisition Corp • Blank checks

This SECOND AMENDMENT TO UNIT PURCHASE OPTION (this “Amendment”), dated November 28, 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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