0001144204-08-021875 Sample Contracts

CONSUMER BATTERY LICENSE AGREEMENT

Consumer Battery License Agreement • April 11th, 2008 • Hong Kong Highpower Technology, Inc. • Miscellaneous electrical machinery, equipment & supplies • Michigan

• Contract Type
  Consumer Battery License Agreement
• Filed
  April 11th, 2008
• Company
  Hong Kong Highpower Technology, Inc.
• Industry
  Miscellaneous electrical machinery, equipment & supplies
• Jurisdiction
  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”)

Non-Undertaking Short-Term Revolving Financing Agreement October 11th, 2007

Non-Undertaking Short-Term Revolving Financing Agreement • April 11th, 2008 • Hong Kong Highpower Technology, Inc. • Miscellaneous electrical machinery, equipment & supplies

• Contract Type
  Non-Undertaking Short-Term Revolving Financing Agreement
• Filed
  April 11th, 2008
• Company
  Hong Kong Highpower Technology, Inc.
• Industry
  Miscellaneous electrical machinery, equipment & supplies

The Lending Bank shall, for the purpose of calculating the maximum financing amount, have the right to calculate based on the exchange rate it determines. In case that the total outstanding amounts hereunder exceed the foregoing maximum amount due to any fluctuation of the exchange rate at any time, the Lending Bank shall be entitled to request the Customer to immediately pay the related excessive amount.