Sale and Drag Along Agreement Sample Contracts

CHINA AUTOPARTS, INC. RIGHT OF FIRST REFUSAL, CO-SALE AND DRAG ALONG AGREEMENT (SEC)
Sale and Drag Along Agreement • February 8th, 2005 • JE Castings Investments LTD • Non-operating establishments • New York

THIS RIGHT OF FIRST REFUSAL, CO-SALE AND DRAG ALONG AGREEMENT (this “Agreement”) is entered into as of February 2, 2005 by and among China Autoparts, Inc., a Delaware corporation (the “Company”), Li Yungao (the “Founder”), Double Unity Investments Limited, a British Virgin Islands company (“Double Unity”), and certain other holders of Common Stock set forth on Exhibit A hereto (together with Double Unity, the “Existing Stockholders”, each individually, an “Existing Stockholder”; collectively with Investor and each other Holder, the “Stockholders” and individually a “Stockholder”) and JE Castings Investments Limited, a British Virgin Islands company (the “Investor” and together with its permitted assigns hereunder, the “Holders” and individually a “Holder”).

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