Employment AgreementEmployment Agreement • November 9th, 2010 • China Natural Gas, Inc. • Natural gas transmisison & distribution
This EMPLOYMENT AGREEMENT (the “Agreement”) is executed on January 1, 2010 between Qinan Ji (the “Executive”), a citizen of China, ID number 612125195706230432, and China Natural Gas, Inc. (the “Company”), a Delaware Corporation, with primary business address of No. 35 Tangyan Road, High-Tech Zone, Xi’an 710065, Shaanxi Province, China.
WAIVERWaiver • November 9th, 2010 • China Natural Gas, Inc. • Natural gas transmisison & distribution
This Waiver is entered into as of August 14, 2009 by and among China Natural Gas, Inc., a Delaware corporation (the “Company”), Abax Jade Ltd., a Cayman Islands exempted company (“Abax Jade”) and Abax Nai Xin A Ltd., a Cayman Islands exempted company (“Abax Nai Xin”) as holders (each a “Holder” and together the “Holders”) of an aggregate of RMB 283 million in principal on the Company’s 5.0% Guaranteed Senior Notes due 2014 and issued on January 29, 2008 and March 10, 2008 (the “Notes”). All capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to such terms in the Indenture (as defined below) or the Notes.
