CHINA ENERGY RECOVERY, INC. WARRANTSecurities Agreement • July 31st, 2008 • China Energy Recovery, Inc. • General industrial machinery & equipment, nec • California
CHINA ENERGY RECOVERY, INC., a Delaware corporation (the "Company"), hereby certifies that, for value received, ARC China, Inc., a Delaware corporation, or its registered assigns (the "Holder"), is entitled to purchase from the Company up to a total of 750,000 shares of common stock, $0.001 par value per share (the "Common Stock"), of the Company (each such share, a "Warrant Share" and all such shares, the "Warrant Shares") at an exercise price equal to $2.16 per share (as adjusted from time to time as provided in Section 9, the "Exercise Price"). This Warrant (this "Warrant") shall vest and be exercisable in accordance with Section 4 and expire on the 60 month anniversary of the date hereof (the "Expiration Date"). This Warrant is being issued pursuant to a Consulting Agreement dated as of June 20, 2008 by and between the Company and the Holder (the "Consulting Agreement").
CONSULTING AGREEMENTConsulting Agreement • July 31st, 2008 • China Energy Recovery, Inc. • General industrial machinery & equipment, nec • California
This Consulting Agreement (this "Agreement") is dated as of June 20th, 2008, between China Energy Recovery, Inc., a Delaware corporation (the
