English Translation] Agreement for Equity SwapEquity Swap Agreement • November 19th, 2008 • China New Energy Group CO • Natural gas distribution
Party B represents that it has sole power to dispose of the equity that is to be swapped to Party A, that there exists no pledge or judicial attachment on the same equity, that the equity is free from any recourse from any third party. Otherwise Party B should be liable for all economic and legal liabilities arising herefrom. Meanwhile the equity swap has been consented to by all the creditors.
