Series B 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

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

• Contract Type
  Series B 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.