TERM LOAN FACILITY AGREEMENTTerm Loan Facility Agreement • November 23rd, 2010 • Harbin Electric, Inc • Motors & generators • Hong Kong
PLEDGE AND SECURITY AGREEMENTPledge and Security Agreement • November 23rd, 2010 • Harbin Electric, Inc • Motors & generators • New York
This PLEDGE AND SECURITY AGREEMENT, dated 22 November 2010 (as amended, supplemented or otherwise modified from time to time, this “Agreement”), by and among Yang Tianfu (杨天夫), holder of the People’s Republic of China passport No. G33266303 (together with his successors and permitted assigns, the “Pledgor”) as pledgor, and China Development Bank Corporation Hong Kong Branch (the “Lender”) as pledgee.
PARTICIPATION AGREEMENT Baring LetterheadParticipation Agreement • November 23rd, 2010 • Harbin Electric, Inc • Motors & generators • Hong Kong
You and we are parties to a letter agreement dated October 10, 2010 (the “Agreement”), pursuant to which you agreed to cooperate exclusively with Baring Private Equity Asia Group Limited (“Baring”) to pursue a possible acquisition (the “Transaction”) of Harbin Electric, Inc. (“Harbin”). Pursuant to the Agreement, you and Baring submitted a preliminary non-binding proposal for the Transaction to the board of directors of Harbin (the “Board”) on October 10, 2010 (the “Proposal”).
