0001213900-11-006328 Sample Contracts

KEYUAN PETROCHEMICALS, INC. INDEPENDENT DIRECTOR AGREEMENT

Independent Director Agreement • November 21st, 2011 • Keyuan Petrochemicals, Inc. • Industrial organic chemicals • New York

• Contract Type
  Independent Director Agreement
• Filed
  November 21st, 2011
• Company
  Keyuan Petrochemicals, Inc.
• Industry
  Industrial organic chemicals
• Jurisdiction
  New York

This INDEPENDENT DIRECTOR AGREEMENT (the “Agreement”) is made and entered into as of this 1st day of August, 2011, effective as of August 1st, 2011 (the “Effective Date”), by and between Keyuan Petrochemicals, Inc., a Nevada corporation (the “Company”), and Michael Rosenberg, a citizen of [the United States], with a permanent residence at _____________________ (the “Independent Director”).

KEYUAN PETROCHEMICALS, INC. Qingshi Industrial Park Ningbo Economic & Technological Development Zone Ningbo, Zhejiang Province

Keyuan Petrochemicals, Inc. • November 21st, 2011 • Industrial organic chemicals

• Company
  Keyuan Petrochemicals, Inc.
• Filed
  November 21st, 2011
• Industry
  Industrial organic chemicals

This letter shall act as an amendment to that certain Independent Director Agreement, dated as of July 1, 2010, between Keyuan Petrochemicals, Inc. (“Keyuan” or the “Company”) and Mr. Dishen Shen (the “Independent Director”), regarding the Company’s engagement of the Independent Director as a non-employee director of the Company (the “Agreement”).