REGISTRATION RIGHTS AGREEMENTRegistration Rights Agreement • August 26th, 2008 • China New Energy Group CO • Natural gas distribution • New York
This Registration Rights Agreement (this "Agreement") is made and entered into as of August 20, 2008, by and among China New Energy Group Company, a Delaware corporation (the "Company"), and China Hand Fund I, LLC, a Delaware limited liability company (“Purchaser”).
Re: Series A Convertible Preferred Stock Securities Purchase Agreement by and between China New Energy Group Company and China Hand Fund I, LLCSeries a Convertible Preferred Stock Securities Purchase Agreement • August 26th, 2008 • China New Energy Group CO • Natural gas distribution
In connection with the Series A Convertible Preferred Stock Securities Purchase Agreement (the “Purchase Agreement”), dated August 8, 2008, between China New Energy Group Company (the “Company”) and China Hand Fund I, LLC (together with its successors and assigns, collectively, “China Hand”), we hereby agree that the Company will, following the closing of the transactions contemplated by the Purchase Agreement (the “Closing”), undertake the following actions (collectively, the “Company Obligations”):
SHAREHOLDERS AGREEMENTShareholder Agreement • August 26th, 2008 • China New Energy Group CO • Natural gas distribution • New York
THIS AGREEMENT (this “Agreement”) is dated as of August 20, 2008 by and among China New Energy Group Company, a Delaware corporation (the “Company”), Quick Rise Investments Limited, Waterpower Investments Limited and Eternal International Holding Group Limited (each, an “Existing Shareholder” and collectively, the “Existing Shareholders”), and China Hand Fund I, LLC, a Delaware limited liability company (“China Hand”, together with Existing Shareholders, each a “Shareholder” and collectively, the “Shareholders”). Capitalized terms used herein without definition shall have the meanings assigned to such terms in the Purchase Agreement.
SECURITIES ESCROW AGREEMENTSecurities Escrow Agreement • August 26th, 2008 • China New Energy Group CO • Natural gas distribution • New York
THIS SECURITIES ESCROW AGREEMENT (the “Agreement”), dated as of August 20, 2008, is entered into by and among China New Energy Group Company, a Delaware corporation (the “Company”), China Hand Fund I, LLC, a Delaware limited liability company, for itself and as representative (the “Purchaser Representative”) of any additional investors which may become parties to this Agreement (together with their respective successors and assigns, each, a “Purchaser” and collectively, the “Purchasers”), and Escrow, LLC, with an address at 360 Main Street, P.O. Box 391, Washington, Virginia 22747 (the “Escrow Agent”). Capitalized terms used, but not defined herein shall have the meanings set forth in the Purchase Agreement (as defined below).
