English Translation] Agreement for Equity SwapChina New Energy Group CO • November 19th, 2008 • Natural gas distribution
Company FiledNovember 19th, 2008 IndustryParty 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.