0001213900-20-004756 Sample Contracts

EXCHANGE AGREEMENT
Exchange Agreement • February 25th, 2020 • CBAK Energy Technology, Inc. • Miscellaneous electrical machinery, equipment & supplies • Utah

This Exchange Agreement (this “Agreement”) is entered into as of February 20, 2020 by and between Atlas Sciences, LLC, a Utah limited liability company (“Lender”), and CBAK Energy Technology, Inc., a Nevada corporation (“Borrower”). Capitalized terms used in this Agreement without definition shall have the meanings given to them in the Original Note (as defined below).

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