SHARE EXCHANGE AGREEMENT AMONG NEW ENERGY SYSTEMS GROUP SHENZHEN E’JENIE TECHNOLOGY DEVELOPMENT CO., LTD. SHENZHEN NEWPOWER TECHNOLOGY CO., LTD. AND THE SHAREHOLDERS OF SHENZHEN NEWPOWER TECHNOLOGY CO., LTD. LISTED ON SCHEDULE 1 DATED AS OF DECEMBER...Share Exchange Agreement • December 15th, 2009 • New Energy Systems Group • Blank checks • New York
THIS SHARE EXCHANGE AGREEMENT (the “AGREEMENT”) dated as of December 11, 2009, is entered into by and among New Energy Systems Group (“NEWN”), Shenzhen E’Jenie Technology Development Co., Ltd., a corporation organized under the laws of the Peoples Republic of China (“E’Jenie”), Shenzhen NewPower Technology Co., Ltd. a corporation organized under the laws of the Peoples Republic of China (“NewPower”), and the shareholders of NewPower listed on Schedule 1 to this Agreement (each, a “Shareholder” and, collectively, the “Shareholders”).
