Convertible Preferred Stock Securities Purchase Agreement Sample Contracts

SERIES B CONVERTIBLE PREFERRED STOCK SECURITIES PURCHASE AGREEMENT by and between CHINA NEW ENERGY GROUP COMPANY and CHINA HAND FUND I, LLC As of April 30, 2009

Convertible Preferred Stock Securities Purchase Agreement • May 6th, 2009 • China New Energy Group CO • Natural gas distribution • New York

• Contract Type
  Convertible Preferred Stock Securities Purchase Agreement
• Filed
  May 6th, 2009
• Company
  China New Energy Group CO
• Industry
  Natural gas distribution
• Jurisdiction
  New York

THIS SERIES B CONVERTIBLE PREFERRED STOCK SECURITIES PURCHASE AGREEMENT (this “Agreement”), dated as of April 30, 2009, is entered into by and between China New Energy Group Company, a Delaware corporation (the “Company”), China Hand Fund I, LLC, a limited liability company organized and existing under the laws of the State of Delaware (“China Hand”, together with its successors and assigns, the “Purchaser”, together with the Company, each a “Party” and collectively the “Parties”). Certain capitalized terms used in this Agreement are defined in Exhibit A attached hereto.