0001193125-06-246279 Sample Contracts

REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • December 4th, 2006 • Panda Ethanol, Inc. • Industrial organic chemicals • Texas

This Registration Rights Agreement (this “Agreement”) is made and entered into as of December 1, 2006, among Panda Ethanol, Inc., a Delaware corporation (the “Company”), and the several purchasers signatory hereto (each such purchaser is a “Purchaser” and collectively, the “Purchasers”).

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