0001213900-10-003656 Sample Contracts

KEYUAN PETROCHEMICALS, INC. INDEPENDENT DIRECTOR AGREEMENT
Independent Director Agreement • September 2nd, 2010 • Keyuan Petrochemicals, Inc. • Industrial organic chemicals • New York

This INDEPENDENT DIRECTOR AGREEMENT (the “Agreement”) is made and entered into as of this 1st day of July, 2010, effective as of date upon D&O Insurance (as defined in Section 14 below) becomes binding (the “Effective Date”), by and between Keyuan Petrochemicals, Inc., a Nevada corporation (the “Company”), and Gerry Goldberg, a citizen of Canada, with a permanent residence at ______________________ (the “Independent Director”).

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KEYUAN PETROCHEMICALS, INC. DIRECTOR AGREEMENT
Director Agreement • September 2nd, 2010 • Keyuan Petrochemicals, Inc. • Industrial organic chemicals • New York

This DIRECTOR AGREEMENT (the “Agreement”) is made and entered into as of this 1st day of July, 2010, effective as of date upon D&O Insurance (as defined in Section 13 below) becomes binding (the “Effective Date”), by and between Keyuan Petrochemicals, Inc., a Nevada corporation (the “Company”), and Xin Yue, a citizen of P.R. China, with a permanent residence at ____________________________________________ (the “Director”).

Sale and Purchase contract (English Translation)
Keyuan Petrochemicals, Inc. • September 2nd, 2010 • Industrial organic chemicals

According to the Contract Law of the PR China and relative laws and regulations, on the basis of equality and mutual benefits and compensation of equal value, both parties agree with the items listed below.

Mercuria Sales and Purchase Contract
Keyuan Petrochemicals, Inc. • September 2nd, 2010 • Industrial organic chemicals
Contract for State-Owned Construction Land Use Right Assignment (English Translation)
Keyuan Petrochemicals, Inc. • September 2nd, 2010 • Industrial organic chemicals

Made by the Ministry of Land and Resources of the People’s Republic of China, and the State Administration for Industry and Commerce of the People’s Republic of China.

Sales and Purchase Contract (English Translation)
Keyuan Petrochemicals, Inc. • September 2nd, 2010 • Industrial organic chemicals

According to the Law of Contract of the PRC and relative laws and regulations, on the basis of mutual benefits and sincere cooperation, after discussions, both parties agree on this contract.

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