| Party A: | Shanxi Shipaipu Business Consulting Co., Ltd. (hereinafter "Pledgee") |
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|   | Address: Koucun Part, National Road 108, Yuci District Jinzhong City, Shanxi Province, P.R.C. |
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| Party B: | Liu Xudong |
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| 地址: | 山西省晋中市榆次108国道寇村段 |
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| Address: | Koucun Part, National Road 108, Yuci District Jinzhong City, Shanxi Province, P.R.C. |
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| 1. | 出质人合计拥有丙方100 %的股权,其中刘旭东持有89%的股权权益;刘利子持有11%的股权权益。丙方是一家在中国晋中市注册成立的、从事管道的生产和销售的有限责任公司。丙方有意在此确认出质人和质权人在本合同下的权利和义务并提供必要的协助登记该质权; |
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| 2. | 质权人是一家在山西省晋中市注册的外商独资企业。质权人与出质人所拥有的丙方于2011年4月3日签订了独家业务合作协议; |
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| 3. | 为了保证丙方履行独家业务合作协议项下的义务,按照约定向质权人支付咨询和服务费等到期款项,出质人以其在丙方中拥有的全部股权向质权人做出独家业务合作协议项下丙方付款义务的质押担保。 |
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|   | 1.1 | 质权:指出质人根据本合同第2条给予质权人的担保物权,即指质权人所享有的,以出质人质押给质权人的股权折价或拍卖、变卖该股权的价款优先受偿的权利。 |
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|   | 1.2 | 股权:指出质人现在和将来合法持有的其在丙方的全部股权权益。 |
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|   | 1.3 | 质押期限:指本合同第3条规定的期间。 |
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|   | 1.4 | 业务合作协议:指丙方与质权人于2011年4月 3日签订的独家业务合作协议。 |
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|   | 1.5 | 违约事件:指本合同第7条所列任何情况。 |
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|   | 1.6 | 违约通知:指质权人根据本合同发出的宣布违约事件的通知。 |
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|   | 3.1 | 本质权自本合同项下股权出质在相应的工商行政管理机关登记之日起生效,质权有效期持续到业务合作协议下所有丙方欠付质权人的款项结清为止。各方同意,自本合同签署之日起3个工作日内,出质人和丙方应将本合同的质权登记在丙方股东名册上,并在相关工商行政管理机关开始正式受理股权质押登记申请后的10个工作日内将本合同项下的股权出质在相应的工商行政管理机关进行登记。 |
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|   | 3.2 | 质押期限内,如丙方未按业务合作协议交付咨询服务费等费用,质权人有权但无义务按本合同的规定处分质权。 |
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| 4. | 质权凭证的保管 |
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|   | 4.1 | 在本合同规定的质押期限内,出质人应将其在丙方的股权出资证明书及记载质权的股东名册交付质权人保管。出质人应在本合同签订之日起一周内将上述股权出资证明书及股东名册交付给质权人。质权人将在本合同规定的全部质押期间一直保管这些项目。 |
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|   | 4.2 | 在质押期限内,质权人有权收取股权所产生的红利。 |
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| 5. | 出质人的声明和保证 |
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|   | 5.1 | 出质人是股权唯一的合法所有人。 |
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|   | 5.2 | 质权人有权以本合同规定的方式处分并转让股权。 |
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|   | 5.3 | 除本质权之外,出质人未在股权上设置任何其他质押权利或其他担保权益。 |
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| 6. | 出质人的承诺和确认 |
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|   | 6.1 | 在本合同存续期间,出质人向质权人承诺,出质人将: |
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|   | 6.1.1 | 除履行由出质人与质权人、丙方于2011年4月3日签订的《独家购买权合同》外,未经质权人事先书面同意,不得转让股权,不得在股权上设立或允许存在任何担保或其他债务负担; |
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|   | 6.1.2 | 遵守并执行所有有关权利质押的法律、法规的规定,在收到有关主管机关就质权发出或制定的通知、指令或建议时,于五日内向质权人出示上述通知、指令或建议,同时遵守上述通知、指令或建议,或按照质权人的合理要求或经质权人同意就上述事宜提出反对意见和陈述; |
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|   | 6.1.3 | 将任何可能导致对出质人股权或其任何部分的权利产生影响的事件或收到的通知,以及可能改变出质人在本合同中的任何保证、义务或对出质人履行其在本合同中义务可能产生影响的任何事件或收到的通知及时通知质权人。 |
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|   | 6.2 | 出质人同意,质权人按本合同条款取得的对质权享有的权利,不应受到出质人或出质人的继承人或出质人之委托人或任何其他人通过法律程序的中断或妨害。 |
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|   | 6.3 | 出质人向质权人保证,为保护或完善本合同对偿付业务合作协议项下咨询服务费等费用的担保,出质人将诚实签署、并促使其他与质权有利害关系的当事人签署质权人所要求的所有的权利证书、契约和/或履行并促使其他有利害关系的当事人履行质权人所要求的行为,并为本合同赋予质权人之权利、授权的行使提供便利,与质权人或其指定的人(自然人/法人)签署所有的有关股权所有权的文件,并在合理期间内向质权人提供其认为需要的所有的有关质权的通知、命令及决定。 |
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|   | 6.4 | 出质人向质权人保证,出质人将遵守、履行本合同项下所有的保证、承诺、协议、陈述及条件。如出质人不履行或不完全履行其保证、承诺、协议、陈述及条件,出质人应赔偿质权人由此遭受的一切损失。 |
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| 7. | 违约事件 |
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|   | 7.1 | 下列事项均被视为违约事件: |
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|   | 7.1.1 | 丙方未能按期足额支付业务合作协议项下的应付的咨询服务费等费用或有违反该协议其他义务的行为; |
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|   | 7.1.2 | 出质人在本合同第5条所作的任何声明或保证有实质性的误导或错误,和/或出质人违反本合同第5条的声明和保证; |
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|   | 7.1.3 | 出质人和丙方没有按第3.1条将本质权登记在丙方股东名册上; |
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|   | 7.1.4 | 出质人或丙方违反本合同的任何条款;如果出质人中任何一人违反本合同项下的义务,其他人对此承担连带责任。 |
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|   | 7.1.5 | 除本合同第6.1.1条的约定外,出质人未获得质权人书面同意而擅自转让或意图转让出质的股权或舍弃出质的股权; |
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|   | 7.1.6 | 出质人本身对外的任何借款、担保、赔偿、承诺或其他偿债责任(1)因违约被要求提前偿还或履行;或(2)已到期但不能如期偿还或履行; |
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|   | 7.1.7 | 本合同可被执行或使之合法或生效所须之一切政府部门同意、许可、批准或授权被撤回、中止、失效或有实质性修改; |
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|   | 7.1.8 | 适用的法律的发布使得本合同非法或使得出质人不能继续履行其在本合同项下的义务; |
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|   | 7.1.9 | 出质人因其所拥有的财产出现不利变化,致使质权人认为出质人履行本合同项下的义务的能力已受到影响; |
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|   | 7.1.10 | 丙方的继承人或代管人只能履行部分或拒绝履行业务合作协议项下的支付责任;和 |
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|   | 7.1.11 | 按有关法律规定质权人不能或可能不能行使处分质权的其他情况。 |
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|   | 7.2 | 如知道或发现本第7.1条所述的任何事项或可能导致上述事项的事件已经发生,出质人应立即以书面形式通知质权人。 |
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|   | 7.3 | 除非本第7.1条所列的违约事项已在质权人感到满意的情况下获得完满解决,否则质权人可在出质人违约事项发生时或发生后的任何时间以书面形式向质权人发出违约通知,要求出质人立即支付全部业务合作协议项下的欠款及其他应付款项或/和按本合同第8条的规定处分质权。 |
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| 8. | 质权的行使 |
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|   | 8.1 | 在业务合作协议所述的咨询服务费等费用未全部偿还前,未经质权人书面同意,出质人不得转让其拥有的丙方股权。 |
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|   | 8.2 | 质权人行使质权时可向出质人发出违约通知。 |
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|   | 8.3 | 受限于第7.3条的规定,质权人可在按第7.2条发出违约通知的同时或在发出违约通知之后的任何时间里对质权行使处分的权利。质权人决定行使处分质权的权利时,出质人即不再拥有任何与股权有关的权利和利益。 |
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|   | 8.4 | 在违约时,在法律许可的范围内并根据有关法律的规定,质权人有权按照法定程序处置质押股权,对于处置的所得,质权人无需给付出质人;出质人特此放弃其可能有的能向质权人要求任何质押股权处置所得的权利。同样,出质人对质权人在该质押股权处置后的亏空也不承担任何义务。 |
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|   | 8.5 | 质权人依照本合同处分质权时,出质人和丙方应予以必要的协助,以使质权人实现其质权。 |
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| 9. | 转让 |
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|   | 9.1 | 除非经质权人事先同意,出质人无权赠予或转让其在本合同项下的权利义务。 |
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|   | 9.2 | 本合同对出质人及其继任人和经许可的受让人均有约束力,并且对质权人及每一继任人和受让人有效。 |
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|   | 9.3 | 质权人可以在任何时候将其在业务合作协议项下的所有或任何权利和义务转让给其指定的人(自然人/法人),在这种情况下,受让人应享有和承担本合同项下质权人享有和承担的权利和义务,如同其作为原合同方应享有和承担的一样。质权人转让业务合作协议项下的权利和义务时,应质权人要求,出质人应就此转让签署有关协议和/或文件。 |
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|   | 9.4 | 因转让所导致的质权人变更后,应质权人要求,出质人应与新的质权人签订一份内容与本合同一致的新质押合同,并在相应的工商行政管理机关进行登记。 |
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|   | 9.5 | 出质人应严格遵守本合同和各方单独或共同签署的其他有关合同的规定,包括独家购买权合同和对质权人的授权委托书,履行各合同项下的义务,并不进行任何足以影响合同的有效性和可强制执行性的作为/不作为。除非根据质权人的书面指示,出质人不得行使其对质押股权还留存的权利。 |
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| 10. | 终止 |
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| 11. | 手续费及其他费用 |
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| 12. | 保密责任 |
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| 13. | 适用法律和争议的解决 |
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| 13.1 | 本合同的订立、效力、解释、履行、修改和终止以及争议的解决均适用中国法律。 |
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| 13.2 | 因解释和履行本合同而发生的任何争议,本合同各方应首先通过友好协商的方式加以解决。如果在一方向其他方发出要求协商解决的书面通知后30天之内争议仍然得不到解决,则任何一方均可将有关争议提交给中国国际经济贸易仲裁委员会,由该会按照其仲裁规则仲裁解决。仲裁应在北京进行,使用之语言为中文。仲裁裁决是终局性的,对各方均有约束力。 |
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| 14. | 通知 |
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| 15. | 分割性 |
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| 16. | 附件 |
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| 17. | 生效 |
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|   | 17.1 | 本合同的任何修改、补充或变更,均须采用书面形式,经各方签字或盖章并按规定办理政府登记(如需)后生效。 |
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|   | 17.2 | 本合同以中文和英文书就,一式四份,质权人、丙方各持一份,每位出质人各持一份,具有同等效力;中英文版本如有冲突,应以中文版为准。 |
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| Party C: | Shanxi Guolian Pipe Industry Group Co., Ltd. |
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