0001193125-06-177328 Sample Contracts

INDEMNIFICATION AGREEMENT
Indemnification Agreement • August 22nd, 2006 • China Bak Battery Inc • Miscellaneous electrical machinery, equipment & supplies • New York

This Indemnification Agreement (the “Agreement”) is entered into as of [ ], 200[__] by and between China BAK Battery Inc., a Nevada company (the “Company”) and the undersigned, a director and/or officer of the Company (“Indemnitee”).

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EMPLOYMENT AGREEMENT
Employment Agreement • August 22nd, 2006 • China Bak Battery Inc • Miscellaneous electrical machinery, equipment & supplies • New York

This EMPLOYMENT AGREEMENT (the “Agreement”), is entered into as of June 30, 2006 by and between China BAK Battery, Inc., a corporation incorporated under the laws of the State of Nevada, U.S. (the “Company”) and Xiangqian Li (the “Employee”).

Pledge Contract of Maximum Amount
China Bak Battery Inc • August 22nd, 2006 • Miscellaneous electrical machinery, equipment & supplies

In order to secure the indebtedness of Shenzhen BAK Battery Co., Ltd. (hereinafter referred to as Obligor) under the Comprehensive Credit Facilities Agreement (reference no. Shenfa Longgang Shangzi 20060509001, hereinafter referred to as Master Agreement) entered into by Creditor and Obligor on 29 April 2006, the Pledger agrees to provide its assets to the Creditor as the pledge. Through friendly negotiation, both parties agree to enter into this Contract:

Pledge Contract of Maximum Amount
China Bak Battery Inc • August 22nd, 2006 • Miscellaneous electrical machinery, equipment & supplies

The Creditor and the Pledger have reached the following agreement in accordance with the Guarantee Law of People’s Republic of China and other relevant laws and regulations:

Individual Guaranty Contract of Maximum Amount
China Bak Battery Inc • August 22nd, 2006 • Miscellaneous electrical machinery, equipment & supplies

The Creditor and the Guarantor have reached the following agreement in accordance with the Guarantee Law of People’s Republic of China and other relevant laws and regulations:

Guaranty Contract of Maximum Amount
China Bak Battery Inc • August 22nd, 2006 • Miscellaneous electrical machinery, equipment & supplies

In order to secure the indebtedness of Shenzhen BAK Battery Co., Ltd. (hereinafter referred to as Obligor) under the Comprehensive Credit Facilities Agreement (reference no. Shenfa Longgang Zongzi 20060329001, hereinafter referred to as Master Agreement) entered into by Creditor and Obligor on 5 April 2006, the Guarantor agrees to provide guaranty to the Creditor as the guarantor of the Obligor. Through friendly negotiation, both parties agree to enter into this Contract:

Pledge Contract of Maximum Amount
China Bak Battery Inc • August 22nd, 2006 • Miscellaneous electrical machinery, equipment & supplies

In order to secure the indebtedness of Shenzhen BAK Battery Co., Ltd. (hereinafter referred to as Obligor) under the Comprehensive Credit Facilities Agreement (reference no. Shenfa Longgang Zongzi 20060329001, hereinafter referred to as Master Agreement) entered into by Creditor and Obligor on 5 April 2006, the Pledger agrees to provide its assets to the Creditor as the pledge. Through friendly negotiation, both parties agree to enter into this Contract:

Comprehensive Credit Facilities Agreement
Facilities Agreement • August 22nd, 2006 • China Bak Battery Inc • Miscellaneous electrical machinery, equipment & supplies

• Remedies in the event of breach of contract include adjustment of the credit amount, suspension of credit, imposition of punitive interest and overdue interest, an increase of guarantee deposit and the call back of loan principal and interest before maturity.

Mortgage Contract of Maximum Amount
China Bak Battery Inc • August 22nd, 2006 • Miscellaneous electrical machinery, equipment & supplies

Mortgage Contract of Maximum Amount signed by and between Shenzhen BAK Battery Co., Ltd (“the Company”) and Shenzhen Development Bank (“Development Bank”) dated as of April 5, 2006.

Guaranty Contract of Maximum Amount
China Bak Battery Inc • August 22nd, 2006 • Miscellaneous electrical machinery, equipment & supplies

The Creditor and the Guarantor have reached the following agreement in accordance with the Guarantee Law of People’s Republic of China and other relevant laws and regulations:

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