SUBSCRIPTION AGREEMENTSubscription Agreement • November 5th, 2007 • Hong Kong Highpower Technology, Inc. • Blank checks • Delaware
This SUBSCRIPTION AGREEMENT (“Subscription Agreement”) made as of this [___] day of [________], 2007, by and among SRKP 11, Inc., a Delaware corporation (the “Company”); Hong Kong Highpower Technology Company Limited, a company incorporated in Hong Kong and upon the Closing Date (as defined below) a wholly-owned subsidiary of the Company (“Highpower”); and the undersigned (the “Subscriber”).
CONSUMER BATTERY LICENSE AGREEMENTBattery License Agreement • November 5th, 2007 • Hong Kong Highpower Technology, Inc. • Blank checks • Michigan
Consumer Battery License Agreement effective as of OBC’s receipt of the initial up-front payment (the “Effective Date”) by and between Ovonic Battery Company, Inc., a corporation of Delaware having a place of business at 1707 Northwood, Troy, Michigan 48084 (“OBC”) and SHENZHEN HIGH POWER TECH. CO., LTD., a corporation of China, having its Head Office at Luoshan Industry Zone, Shanxia, Pinghu, Shenzhen, People Republic of China (‘‘SHENZHEN HIGH POWER”)
SHARE EXCHANGE AGREEMENTShare Exchange Agreement • November 5th, 2007 • Hong Kong Highpower Technology, Inc. • Blank checks
THIS SHARE EXCHANGE AGREEMENT, dated as of the 20th day of October, 2007 (the “Agreement”), by and among SRKP 11, Inc., a Delaware corporation (the “Company”); Hong Kong Highpower Technology Company Ltd., a Hong Kong corporation (“Highpower”); and all of the shareholders of Highpower, each of whom has executed a counterpart signature page to this Agreement (each, a “Shareholder” and collectively, the “Shareholders”). The Company, Highpower and the Shareholders are collectively referred to herein as the “Parties”.
Date: February 5, 2007 Loan Contract Between All Borrowers listed on Appendix 1 hereto (“Borrowers”) And Pan Dangyu (“Lender”)Hong Kong Highpower Technology, Inc. • November 5th, 2007 • Blank checks • Hong Kong
State-owned Land Use Rights Grant Contract Formulated under the Supervision of Ministry of Land and Resources of the People’s Republic of China State Administration for Industry and Commerce of the People’s Republic of ChinaHong Kong Highpower Technology, Inc. • November 5th, 2007 • Blank checks
Trader Acceptance Bill Discount Limit ContractTrader Acceptance Bill • November 5th, 2007 • Hong Kong Highpower Technology, Inc. • Blank checks
Party A (the “Discounter”): Shenzhen Development Bank Shenzhen Aiguolu Sub-Branch, with its address at F/l 1, Jintong Building, No. 1058, Aiguo Road, Shenzhen;
Credit Line AgreementLine Agreement • November 5th, 2007 • Hong Kong Highpower Technology, Inc. • Blank checks
To develop a long-term, stable, and reciprocal bank-enterprise cooperative relationship between Party A and Party B, basing on the principles of equality, free will, and good faith, Party A and Party B, upon negotiation, agree to the following provisions by which they intend to be bound:
Bank Credit Line: Shenzhen Highpower Technology Co., Ltd. ( “Borrower”)Hong Kong Highpower Technology, Inc. • November 5th, 2007 • Blank checks
Our bank, DBS Bank (China) Limited Shenzhen Branch together with its successor and transferee (“Bank”) hereby notifies you with pleasure that the Bank now contemplates to provide you as Borrower (as shown in detail in Appendix 1) with the following bank credit line (“Credit Line”) according to the terms and conditions set out below. The Bank can examine the Credit Line at any time (including the annual auditing thereof conducted as per the practices of the Bank and customary bank practices). The Bank has the right and may elect (but is under no obligation) to issue, after the auditing, a notice on the extension of the Credit Line to the Borrower or any collateral provider and/or any guarantor. Whether such a notice is issued or not does not prejudice any right and power of the Bank under this letter and/or any guarantee or mortgage document.
