Document:

Sales Contract

 Exhibit 10.59 

Sales Contract 

Between: 

MAGE Solar GmbH 

An der Bleicherei 15 

88214 Ravensburg, Germany 

Hereafter referred to as “Buyer” 

and 

Jinko Solar Import Export Co., Ltd. 

Xuri District, Shangrao Economic Development Zone, 

Jiangxi Province, China 

Hereafter referred to as “Seller” 

For the year 2010, the undersigned Seller and Buyer agreed to conduct transaction according to the terms and conditions stipulated below.

 The agreement shall be entered into force for the period of 1st May, 2010 to December 31, 2010 with a further notice for 2011
to 2012. 
  

	 	•	 	 Names of goods and specifications: 

  

 1 

									
	 Type
	  	 Quantity

Quarterly
	  	 Indicated 

Price/Watt

CIF (Euro)
	  	Average
Power	  	Amount/quarter
(Euro)
	 Monocrystalline Solar

Modules ****W - ****W

Cell: ****mm / 5’’

Matrix: 6 x 12

****mm
	  	 Q1 : **** MW
  

Q2 : **** MW
	  	 Mono

Modules:

****
  

Poly Modules:
 ****

  
 Prices fixed for May 2010

 
 According the Nominal Power
	  	 ****W
  

****W
  

****W
  

****W
  

****W
	  	
		  	  	  	  	
	 Polycrystalline Solar

Modules ****W – ****W

Cell: ****mm / 6’’

Matrix: 6 x 10
	  	Q3 : **** MW	  	  	  	
		  	Q4 : ****MW	  	  	  	
	 Total
	  	  
 20 MW
	  	  	  	

 For 2011 to 2012 
  

									
	 Type
	  	 Quantity

Quarterly
	  	 Indicated

Price/Watt

CIF (Euro)
	  	Average
Power	  	Amount/quarter
(Euro)
		  	 2011
  
	  	 The price will be discussed in Nov. 2010 and in Nov. 2011
	  		  	
		  	 T.B.D.
  
	  	  		  	
		  	 2012
  
	  	  		  	
		  	T.B.D.	  	  		  	

  

	****	Confidential material omitted and filed separately with the Commission. 

 

 2 

 CIF Hamburg 
  

	 	•	 	 The specifications of the modules (****W / ****W / ****W / ****W / ****W / ****W /****W / ****W / ****W / ****W / ****W / ****W / ****W ) –
Tolerance range: -0/+5 W ) are subject to the contract and are attached as Appendix I. Any change of the specifications has to be agreed upon by both parties. 

 

	 	•	 	 Mechanical Loading of all modules: **** Pascal. 

  

	 	•	 	 All modules will be equipped with original MC4 (or alternative connectors of type ZJRH 05-6) connectors and a cable length of **** mm for
monocrystalline modules ****Wand **** mm for polycrystalline modules and monocrystalline modules ****W. 

  

	 	•	 	 Mage Solar GmbH gives the Seller a 3 Month Forecast, the real specification of the modules will be sent out to the Seller before the goods will be
delivered to Chinese Port. 

  

	2.	Terms of Payment: 

  

	2.1	CIF bonded warehouse Hamburg. The Seller is responsible to hire a bonded warehouse in Europe for up to 1-2 MW storage capacity. FOB is possible if Buyer and Seller
mutually agree on that. 

  

	2.2	No payment in advance is effective. 

  

	2.3	Time of delivery: latest **** days after PO, which will be provided by the Buyer in English. 

 

	2.4	The Seller is responsible to hire a bonded warehouse in Europe to store the Buyer’s containers (storage capacity 1 – 2 MW). The costs of the bonded warehouse
will be covered by the Seller. The Buyer agrees to pay and pick up the goods within a certain time. 

  

	2.5	Payment method: 

  

	 	(1)	For the first payment in May of 2010: 

Buyer shall pay to Seller **** % Advance Payment by telegraph transfer within **** working days. The remaining **** % balance of payment
shall be paid for each shipment to Seller upon receipt of the shipment to Hamburg port. Payment shall be sent to the Seller not later than **** working days before arrival at Hamburg port. After the shipment the Seller must send the B/L copy without
any delay to the Buyer. The original B/L will be sent out to the Buyer by express or the B/L will be telex released to the Buyer as soon as the Seller receive balance payment. 

 

	 	(2)	From June 2010 the payment will be done as follows: 

For each shipment the Buyer shall pay to the Seller **** days before the goods arrive in Hamburg port or before picking up the goods from
the Seller’s bonded warehouse. 
 The Seller is obligated to release the containers immediately after receiving the full
payment. 
  

	****	Confidential material omitted and filed separately with the Commission. 

 

 3 

	2.6	The total value of each shipment will be calculated according to the nominal power-output of the modules as per commercial invoice. 

 

	2.7	If requested by either party, the price can only be adjusted **** days before each quarter, according to market tendencies, after the agreement of two Parties.

 The Seller gives the following notice of each shipment latest together with copy B/L: 

 

	 	•	 	 Flash data of each single module (format according to Requirements by Supplier as in Appendix) 

 

	 	•	 	 Packing list (quantity of each module class) 

  

	 	•	 	 Commercial Invoice 

  

	 	•	 	 Certificate of Origin 

  

	3.	Packing (Modules) 

 All
goods shall be packed in a way, which prevents damages from dampness, rust, moisture, erosion and shock. Packaging shall be adequate for transport on the ocean and if applicable for shipment by air as well. 

The mono **** W modules are packed on 28 pallets, 700 pcs in total for each 40” HQ. The Poly **** W modules are packed on 26 pallets
with 624 pcs in total for each 40” HQ. For mono **** W / **** W / **** W the modules are packed on 28 pallets, 560 pcs. in total for each 40” HQ 

Additionally, the Seller is obligated to follow the instructions and standards as mentioned in the Requirements for Suppliers as in
Appendix. 
  

	4.	Warranty 

 The Seller
shall warrant that the performance, quality and specifications of the modules are strictly in conformity with its standard production, descriptions and explanations provided by Seller to Buyer as specified in Appendix II. 

 

	5.	Certifications 

  

	5.1	The Seller will provide IEC 61215 and IEC61730 certificates granted by TÜV – Germany, UL1703 (and/or other relevant certifications). 

 

	5.2	The certifications of IEC61215, IEC61730, TÜV Germany and UL1703 are owned by the Seller. 

 

	5.3	 The modules will be marketed as OEM products (MAGE
SOLAR®, MAGE
Powertec® PLUS). The Buyer guarantees that the OEM Certificate provided by the Seller will not be abused (e.g.
the Seller’s OEM certificates used for other manufacturer’s products) 

  

	****	Confidential material omitted and filed separately with the Commission. 

 

 4 

	5.4	 The Seller guarantees that he doesn’t sell the Modules with the MAGE
Powertec® PLUS Logo to other costumers. 

 

	 	(1)	Buyer consigns the commission of the OEM Product to Seller, and Seller agrees to manufacture the OEM Product upon the terms and conditions of this Contract (the
“OEM Processing”). 

  

	 	(2)	Seller shall manufacture the OEM Product in accordance with its standard manufacturing specifications unless otherwise requested by Buyer. In the event the Buyer
requests special manufacturing specifications for the OEM Product, Buyer shall provide Seller with a written request for special manufacturing specifications, including a bill of materials (“BOM”) as well as quality control standards
within five (5) days after the effective Date. The special manufacturing specifications shall be subject to Seller’s acceptance and shall come into effect only upon written confirmation by Seller. 

 

	 	(3)	All orders for the OEM Products shall be in writing, specifying the quantity of the OEM Product and the expected delivery date, and forwarded to Seller at least 14 days
prior to the requested delivery date. All orders shall be subject to acceptance by Seller and shall be subject exclusively to this Contract. This Contract shall not be modified or supplemented by any communication, order, or other document from
Buyer or Seller unless such communication is in writing, identified as an amendment to this Contract, and subsequently accepted in writing by two Parties. 

  

	 	(4)	Seller shall notify Buyer of each order to be delivered in advance (the “Delivery Notice”) and deliver the OEM Product to the address designated by the Buyer
for delivery of the OEM Product, Buyer shall make all necessary arrangements to facilitate delivery of the OEM Product. In the event that Seller is unable to deliver the OEM Product by the confirmed delivery date, Seller shall inform the Buyer of
such delay within 10 days prior to the expected delivery date and the Parties shall use their reasonable efforts to reschedule the delivery. 

  

	 	(5)	At delivery, Buyer shall check the type and quantity of the OEM Product delivered and sign the confirmation letter of receipt of Delivery Confirmation Letter, the date
of which shall be the “Delivery Date”. After execution of the Delivery Confirmation Letter, Seller shall be deemed to have discharged all obligations under the order so delivered. 

 

	 	(6)	Authorization 

 Buyer is
entitled to sell the OEM Product all around the world. 
  

	 	(7)	Buyer and Seller both agree that the OEM Product shall be manufactured under the OEM Brand. The Seller hereby grants to Buyer a non-exclusive, non-transfer,
royalty-free license to use the OEM Brand, and the Seller shall promptly provide samples, specifications and/or instructions thereof for the use of the OEM Brand to Buyer. 

 

	 	(8)	Seller shall manufacture the OEM Product in accordance with its standard manufacturing specifications unless otherwise requested by Buyer. In the event the Buyer
requests special manufacturing specifications for the OEM Product, Buyer shall provide Seller with a written request for special manufacturing specifications, including a bill of materials (“BOM”) as well as quality control standards
within five (5) days after the effective Date. The special manufacturing specifications shall be subject to Seller’s acceptance and shall come into effect only upon written confirmation by Seller. 

 

 5 

	 	(9)	Product 

 Seller will prepare
the OEM Products based on the Purchase Order from Buyer, which shall be agreed by both Parties in written. 
  

	 	(10)	Raw Materials. 

 Seller is
solely responsible for the sourcing of all raw materials and any other supplies for the manufacturing of the OEM Product. Each BOM for the OEM Product shall be made and provided solely by Seller in accordance with the column “Primary BOM”
of the table adjacent to this paragraph. No amendment to such BOM shall be made unless agreed upon by both Parties and permitted by relevant certification authorities if applicable. In the event the Buyer requests special manufacturing
specifications and BOM for the OEM Product and a particular material is, or becomes unavailable, Seller may, upon written confirmation from the Buyer, source and use a reasonable substitute material for Buyer. All Raw materials must be certified
along with the module (TÜV, VDE). 
  

	 	(11)	Inspection 

 Seller shall enable
Buyer to inspect the production of the OEM Product to the Buyer’s designated employees and allow access and inspection to the production workshops of Seller to be used for the production of the OEM Product. Buyer holds the right to access to
solar panels related to the OEM Product. Seller shall maintain high quality standards of manufacturing process and high quality of products to be produced for the OEM, and shall perform 100% testing of raw materials, ingots, wafers, solar cells and
solar modules at the end of production of each item, and provide a detailed production report in English to Buyer within 3 days before the Delivery Confirmation Letter. Upon execution of the Delivery Confirmation Letter, Buyer shall inspect the
delivered OEM Product immediately for any physical or apparent damage. Buyer shall notify Seller in writing of any physical or apparent damage or possible technical or operational damaged to the OEM Product that renders the OEM Product
non-functional within 5 business days of the Delivery Date; otherwise, Buyer shall be deemed to have inspected and found the delivered OEM Product free of any damage. 
  

	6.	Breach Liability 

 Buyer
shall warrants that it holds good commercial reputation and is in good financial condition, failing of which Buyer shall be fully responsible and compensate Seller’s loss therein provided that Seller cannot obtain any loan and insurance policy
due to Buyer’s such failure. 
  

	7.	Confidentiality 

 Both
Parties agree to maintain confidentiality concerning the details of this Agreement, except in the event where a disclosure: (i) is necessary for each Party to the financial institutions for the purpose of financing the Agreement; (ii) is
required by applicable law either of each Party’s country; (iii) is required by court order or by stock and security regulatory authorities. The Parties shall make provisions that employees and third Parties entrusted with implementing the
Agreement are bound to this obligation of secrecy. This also applies to the presentation of this Agreement for legal examinations or audits by legal consultants and tax advisors, investors and banks. 

 

 6 

	8.	Arbitration 

 All disputes
arising from the execution or in connection with this contract shall be settled through friendly negotiation. If no settlement can be achieved, the parties shall appeal to the International Chamber of Commerce (ICC) for arbitration. The decision of
ICC is binding for both parties. The Arbitration place shall be Munich, Germany. In addition, the Arbitration language shall be English. The verdict thereof shall be final and binding to both Parties. The Arbitration fee shall be born by the losing
Party. 
  

	9.	Force Majeure 

 No party
shall be held responsible for failure of delay to perform all or any part of the contract due to Force Majeure condition, including flood, fire, earthquake, drought, war or any other events, which could not be predicted at the time of the conclusion
of the contract, and could not be controlled, avoided or overcome by any party. However, the party affected by the event of Force Majeure shall inform the other Party of its occurrence in written as soon as possible and thereafter send a certificate
of the event issued by the relevant authority to the other party but no later than 15 days after its occurrence. If the event of Force Majeure last over 90 days, the relevant parties shall negotiate the performance or the termination of the
contract. 
  

	10.	Miscellaneous 

  

	10.1	This Contract contains the complete agreement between the Parties with respect to the subject matter hereof and supersedes any prior understandings, agreements or
representations by or between the Parties, written or oral, which may have related to the subject matter hereof in any way. 

  

	10.2	The terms of this Contract may not be amended or waived except in writing executed by the party against which such amendment or waiver is sought to be enforced.

  

	10.3	If any provision of this Contract is determined to be invalid, the validity of the remainder of this Contract shall remain unaffected. The parties agree to replace, to
the extent possible, any invalid Provision with a valid Provision that comes as close as possible to the parties original economic intent. 

  

	10.4	This Contract shall be governed by and interpreted in accordance with the laws of Germany. Questions which are not expressly settled therein are to be settled in
conformity with the laws of Germany. 

  

	10.5	Both Parties herewith confirm the receipt of a copy of this Contract executed by both parties. 

 

	10.6	This Contract is prepared in two copies only (English Language). 

  

	10.7	The Seller will secure that no third party visitor will have access to the Seller’s production site when products of the Buyer are in production. Furthermore the
Seller will not grant any third party visitor access to the stock with “Buyer’s products” at the Seller’s production site. 

  

 7 

	11.	Attachments 

 Appendix
I:     Product Specification 
 Appendix II:    Limited Warranty 

Supplier Specification 
  

			
	Germany:	    	China:
	Mage Solar GmbH	    	Jinko Solar Import Export Co., Ltd.
		
	 /s/ Uwe Hesmert
	    	 /s/ Kangping Chen

	(Director for Purchasing)	    	(CEO)

  

 8 

 Annex I (Technical Specification) 

1. Specifications: 
 2. Performance tolerance:

 3. Product guarantee: 
 4. Junction
Box: 
 5. Cables: 
 6. MAGE Powertec
PLUS label: 
 7. Cells: 
 8. Series
No.: 
 9. Frames: 
 10. Frames –
mounting holes: 
 11. Glass: 
 12.
Size 
  

 9 

 Appendix II (Warranty) 

 

	1.	Guarantee for PV-Modules 

a. Scale of the guarantee for PV-Modules 
  

	 	1.	First, the PV-Module is produced according to each certificate that was shown. 

 

	 	2.	Second, one PV-Module includes frame, glass, cells, cables, junction box and film. If any element shows defect within **** months after order, which are caused by the
raw material or production, the guarantee is coming into effect. 

 The guarantee doesn’t contain the
failures, which are caused by production modification without any permission, incorrect handling, incorrect construction, installation, transportation or other outside forces. 

The guarantee begins when the product arrives at the stock of the buyer. The Buyer will provide a monthly overview for the Seller showing
when the containers arrived at the Buyers warehouse. The exchanged PV-Modules are automatically covered by guarantee for further **** months. 

b. The Service of the guarantee for PV-Modules: 

After report, the Seller will change or repair the PV-Modules without any delay for free. 

 

	2.	Guarantee for Power across the whole Europe 

The power of all PV-Modules will stay at min. 90% of flashing testing power, after the PV- Modules leave the factory for **** years.

 The power of all PV-Modules will stay at min. 80% of flashing testing power, after the PV-Modules leave the factory
for****years. 
 If the power falls down more than 10% within the **** years or the power falls down more than 20% within ****
years, the Seller will exchange or repair the respective solar modules. The power of the new PV-Modules is automatically guaranteed for further ****years (90%) and **** years (80%). 

The lost power, which is caused by false construction, installation, operating error or other outside forces, will NOT be guaranteed.

  

	3.	Exclusion of both guarantees: 

The above mentioned guarantees will be invalid, if the following was to happen: 

 

	 	•	 	 False construction, which causes errors of PV-Modules and lost power 

 

	 	•	 	 False installation, which causes errors of PV-Modules and lost power 

 

	 	•	 	 Incorrect elements or system configuration 

  

	 	•	 	 Incorrect operation or operation NOT under product conditions 

 

	 	•	 	 NOT allowed repair or switch, by NOT professional workers 

 

	 	•	 	 The system lying in a bad area: less irradiation or dirt on the front glass 

 

	 	•	 	 Natural disaster, such as: hurricane, earthquake, which can’t be controlled 

 

	 	•	 	 Accidents caused: damaged or stolen by persons, damaged by traffic. 

 

	****	Confidential material omitted and filed separately with the Commission. 

 

 10 

	4.	The process of both guarantees 

In any case, a detailed description of the problem and a copy of invoice, which includes the product name, product number and order data,
are collected by the Buyer. After receiving all documents, the Seller finishes the remaining tasks according to both guarantees. 
  

 11Purchase Agreement between Arcman Solar Power Corp.

 Exhibit 10.61 

PURCHASE AGREEMENT 

between 

Arcman Solar Power Corp. 

with its address at P.O.Box 692204, Quincy, MA 02269, USA 

and 
 Shangrao
Jinko Solar Import and Export Co., Ltd. 
 with its address at Xuri District, Shangrao Economic 

Development Zone, Jiangxi Province, P.R. China 

concluded on April 10th, 2010 
  

 1 

 The Parties 

Shangrao Jinko Solar Import and Export Co., Ltd. 

with its address at Xuri District, Shangrao Economic Development Zone, Jiangxi Province, P.R. CHINA 

(hereinafter the “Seller”) 

and 
 Arcman Solar Power Corp.

 with its address at P.O.Box 692204, Quincy, MA 02269, USA 

(hereinafter the “Purchaser”) 

(the Seller and the Purchaser hereinafter collectively referred to as the “Parties”) 

PREAMBLE 
  

	(A)	The Seller is an authorized global distributor of Jinko Solar Co. Ltd. With it’s address at Xuri District, Shangrao Economic Development Zone, Jiangxi Province,
P.R. CHINA (hereinafter referred to as “Jinko”) and is in the position, under the terms and conditions of this agreement, to deliver the following JINKO photovoltaic (PV) modules to the Purchaser: 

Poly-crystalline solar panels of type ****, **** and ****, with the dimensions of **** mm and an Maximum Power at STC (Pmax) output of
****W, ****W and ****W respectively, with the output of **** W representing at least ****% of all aforementioned modules and with no more than ****% of these modules shall have Pmax output between ****W and ****W (hereinafter the “Solar
Panel(s)”). The detailed specification of the Solar Panel is set forth in Appendix No.1 to this Agreement. 
  

	(B)	The Purchaser wishes to acquire the Solar Panels from the Seller. 

Article I 

Subject Matter 

Under this agreement, the Seller undertakes to supply to the Purchaser and the Purchaser undertakes to purchase from the Seller,
on the basis of the particular orders of the Purchaser and under the terms and conditions set forth herein, in the period from April 1st 2010 to
September 30th 2010 the Solar Panels having the aggregate
output of 41 MWp. The tolerance of the aggregate output adjustment is plus or minus 5% at the sole discretion of the Purchaser. 

The Seller undertakes to supply to the Purchaser **** MWp from the total amount of the above Solar Panels in the second quarter of 2010 on the basis
of the particular Orders, as defined below, of the Purchaser. 
 The Seller undertakes to supply to the Purchaser **** MWp from the total
amount of the above Solar Panels in the third quarter of 2010 on the basis of the particular Orders, as defined below, of the Purchaser. 

All of the above amounts shall be supplied in compliance with Article III hereof. 

 
 **** Confidential material omitted and
filed separately with the Commission. 
  

 2 

 Article II 

Purchase Price 
  

	2.1	The purchase price of the Solar Panels delivered in the second quarter of year 2010 shall be EUR **** (in words ****) per one Watt of the delivered Solar
Panels’ output (hereinafter the “Purchase Price”). 

  

	2.2	The purchase price of the Solar Panels to be delivered in the third quarter of year 2010 and fourth quarter of year 2010 shall be EUR **** (in words ****) per
one Watt of the delivered Solar Panels’ output (hereinafter the “Purchase Price”). 

  

	2.3	The Purchase Price of the Solar Panels delivered in any Individual Delivery according to each single Order of the Purchaser shall be paid as follows:

  

	 	(i)	****% (in words: ****) of the Purchase Price shall be paid by bank transfer to the Seller’s account specified in Appendix No.2 (hereinafter the
“Seller’s Account”) two (2) working days as of the day when the Order is placed with the Seller and the exact Date of Delivery, as defined below, of the precise moment of the Individual Delivery is confirmed to the
Purchaser as stipulated in Article 3.2; in the event that the precise moment of the Individual Delivery is not confirmed in compliance with Article 3.2 by the Seller, the ****% of the Purchase Price shall be paid by the Purchaser along with the
****% of the Purchase Price in time set out in letter (ii) below; 

  

	 	(ii)	****% (in words: ****) of the Purchase Price shall be paid to the Seller’s Account under the transferrable letter of credit (the “Letter of
Credit”) opened in favour of the Seller as the beneficiary seven days as of the day when the Order is placed with the Seller and the exact Date of Delivery, as defined below, of the precise moment of the Individual Delivery is confirmed to
the Purchaser as stipulated in Article 3.2. The Letter of Credit will be irrevocable for 60 days, payable 45 days after the Individual Delivery was delivered to the Place of Delivery under the Incoterms 2000 F.O.B, upon presentation of the following
documents to the Purchaser’s bank provided that the delivery in respect to the Individual Delivery is performed in accordance with Article 3.7 hereof,: 

 

	 	•	 	 the Bill of Lading (i.e. the original of the Bill of Lading); 

Bill of Lading is for the purposes of this Purchase Agreement defined as the full set of original clean on board multimodal
transport bill of lading regarding the relevant Individual Delivery of Solar Panels being supplied by the Seller to the Purchaser made out to order of the Purchaser (and issued by the carrier and provided to the Purchaser or a company designated by
the Purchaser in compliance with the Order), mentioning as the consignee the full name and address (and other details as may be requested by the Purchaser in the relevant Order) of the Purchaser or person determined so by the Purchaser in the Order,
marked “freight payable at destination/freight collect” and allowing the Purchaser or such person (or a person to whom the bill of lading is transferred) to receive the Solar Panels without any further conditions upon the presentation of
the bill of lading (the “Bill of Lading”) 
  

	 	•	 	 all the documents listed in Article 3.7 (ii) (first two paragraphs) hereof; 

 

	2.4	The Purchase Price includes any and all costs of the Seller under the Incoterms 2000 F.O.B term (port of Shanghai, People’s Republic of China) relating to
the delivery of the Solar Panels to the Place of Delivery, including, but not limited to, costs of packaging, carriage and insurance and costs relating to the performance of all obligations of the Seller hereunder. 

 

	2.5	The Parties expressly agree that the Purchaser is allowed to set off any claims of the Purchaser arising in connection with the breach of the obligations of the
Seller against the Purchase Price. 

  

**** Confidential material omitted and filed separately with the Commission. 
  

 3 

	2.6	The Purchaser shall be responsible for any transportation charges, insurance, import duties, taxes or other costs that may be assessed on or incurred by the
Purchaser in connection with importing the Solar Panels from Place of Delivery under the Incoterms 2000 F.O.B term (port of Shanghai, People’s Republic of China). 

 

	2.7	Purchaser shall send Advance Payment of Euro **** of which First Part or Euro **** (in words: **** Euros) shall be sent by bank transfer to Seller’s Account
within two (2) working days as of the day when this Purchase Contract is signed and Second Part or Euro **** (in words: **** Euros) shall be sent by bank transfer to Seller’s Account no later than by May 3rd, 2010. In the event the
Purchaser, without valid cause, terminates this contract and does not place Orders in the third quarter of year 2010 for agreed Individual Deliveries and does not pay for them according to the terms of this contract, the Seller is entitled to hold
the Advance Payment of Euro ****. In all other events the Purchaser is entitled to instruct the Seller how to use the Advance Payment towards the Purchase Price of the Order of the last Individual Delivery. 

 

	2.8	The Seller shall provide the Purchaser with an irrevocable and unconditional bank guarantee of an internationally recognized bank acceptable to the Purchaser 15
days after receiving the First Part. This bank guarantee will only be effective upon receiving Second Part and shall be valid and available to the Purchaser until 31.10.2010. This bank guarantee shall state that the bank shall pay the Purchaser upon
the Purchaser’s request, without protest or notification, the amount of Euro ****. If the Seller does not timely and duly provide the Purchaser with the bank guarantee as stipulated above, the Seller is not entitled to receive or hold the
Advance Payment of Euro **** and is obliged immediately to refund the Advance Payment, if received, to the Purchaser. 

Article III 

Solar Panels Delivery 
  

	3.1	The Seller undertakes to sell and deliver the Solar Panels on a F.O.B. basis at the port of Shanghai, People’s Republic of China (hereinafter referred to as
the “Place of Delivery”). “F.O.B” means “Free on Board” as defined by Incoterms 2000 (International Rules for Interpretation of Trade Terms, as published by the International Chamber of Commerce, edition 2000) as
may be amended from time to time. 

 Should any specific provision of this agreement conflict with the terms
contained in the Incoterms 2000 definition, then the specific provision prevails. 
  

	3.2	The Seller undertakes to deliver the Solar Panels to the Place of Delivery according to each single order placed by the Purchaser pursuant to this Article 3
(hereinafter referred to as the “Order”) in individual deliveries performed in compliance with this Agreement (hereinafter referred to as the “Individual Deliveries” and each of such deliveries the “Individual
Delivery”). 

 The Purchaser shall specify in the Order information and request regarding the Individual
Delivery in the extent which it considers necessary. The Purchaser is obliged to specify in the Order (a) the amount of requested Solar Panels, (b) the Purchase Price and (c) the date of delivery determined in compliance with Article
3.4 or Article 3.5. 
 The Seller undertakes to confirm to the Purchaser in writing via e-mail or fax the date of the Individual
Delivery (hereinafter the “Date of Delivery”) no later than 14 business days in advance provided that the Date of Delivery may vary from the date of delivery specified by the Purchaser in the Order by no more than [2] calendar days.
Such confirmation does not affect an obligation of the Seller to supply the Individual Delivery as at the date of the delivery requested by the Purchaser in the Order. 
  

  

	****	Confidential material omitted and filed separately with the Commission. 

 

 4 

 The Seller shall be entitled, provided that it informs so the Purchaser in the confirmation
pursuant to the previous paragraph of this Article 3.2, to decrease the amount of shipped Solar Panels (i.e. the total output of Solar Panels) to be delivered under each Individual Delivery set out in the Order by up to 25% compared to the
respective Order (hereinafter referred to as the “Lowered Order(s)” or, respectively, as the “Lowered Deliveries” and each of such deliveries the “Lowered Delivery”), i.e. o delay shipment of such
amount of Solar Panels (see 3.3.below). 
 In the event that the Seller exercises its right to the Lowered Delivery, it
shall be obliged, without any further notice being made by the Purchaser, to supply the Purchaser, no later than upon the Dare of Delivery of the Individual Delivery which is due to be made on the basis of the 4th Order directly following the
Lowered Order, with the Solar Panels remaining undelivered under the Lowered Order. For the avoidance of doubt, no portion of the Purchase Price for the Solar Panels remaining undelivered under the Lowered Order is payable at
the time of maturity of the Purchase Price for the Lowered Delivery. 
  

	3.3	All Orders placed by the Purchaser at the Seller between signing this Agreement and October 31, 2010 for the supply of Solar Panels up to the aggregate
total output of 41 MWp are considered to be automatically accepted by the Seller and the Seller is obliged to deliver the Solar Panels in Individual Deliveries according to the Orders of the Purchaser to the Place of Delivery.

  

	3.4	The schedule of contemplated deliveries attached in Appendix No. 4 hereto provides for dates on which the Orders of the Purchaser may be placed at the
Seller according to Article 3.2. 

 Notwithstanding any contemplated dates of deliveries set out in Appendix
No. 4, if the Seller receives an Order in compliance with Article 3.3 (hereinafter the “Planned Order”), the Seller shall deliver the Solar Panels on the date of delivery requested by the Purchaser in the Order which shall not
be less than 14 days as from placing the Order by the Purchaser. 
  

	3.5	The amount of Solar Panels which the Purchaser may request in addition to the obligation of the Seller under Article 3.3 shall be delivered on the date of
delivery requested by the Purchaser in the Order; such date of delivery shall, however, not be less than 30 days as from placing the Order by the Purchaser. For the avoidance of doubt, this Article 3.5 shall not apply to Planned Orders.

  

	3.6	The Orders can be placed by email, fax or in writing. 

  

	3.7	Delivery with respect to an Individual Delivery shall mean (i) loading of the ordered Solar Panels complying fully with the specification of the Solar
Panels in Appendix No. 1 on board of the vessel as specified by the Purchaser under the F.O.B term at the Place of Delivery; and (ii) handover of all relevant documents relating to the Individual Delivery of the Solar Panels to the person
as instructed by the Purchaser. 

 The documents under the point (ii) shall mean the Bill of Lading and all
documents requested by the Purchaser which allow him to handle with Solar Panels, deliver them in the Czech Republic and use them in compliance with its purpose; such documents shall include, in particular, without limitation: 

 

	 	•	 	 Duly drawn invoice – 3 originals and 3 copies (example in Appendix 7); 

 

	 	•	 	 Packing Bill or Packing List (example in Appendix 5); 

 

	 	•	 	 Insurance policy for at least the full value of the relevant Individual Delivery covering all risks of loss or damage (i.e. in particular theft,
accident, fire, earthquake, explosion, war, natural disaster etc.) up to the rail of the vessel at the Place of Delivery and entitling the Purchaser to insurance benefits as a result of the insured event; 

 

	 	•	 	 The output report, which shall include the identification of individual pieces of Solar Panels, which form the Individual Delivery, including electric
output (flash test) of any such piece as per (example in Appendix 6); 

  

 5 

	 	•	 	 If requested by the Purchaser, certificate of origin regarding the Solar Panels. 

Should the Solar Panels handed over at the Place of Delivery not fully comply with the specification of the Solar Panels in Appendix
No. 1, handover of such Solar Panels shall not be deemed as meeting the obligation of the Seller to deliver the Solar Panels under this agreement; the same applies to missing or faulty documents specified above in this Article 3.7. 

Without prejudice to the liabilities and responsibilities of the Seller arising from the F.O.B. term, the Seller shall: (i) ensure
proper and timely loading of the ordered Solar Panels on board of the vessel in the port of Shanghai as instructed by the Purchaser, (ii) use the carrier designated by the Purchaser for transportation of the Solar Panels from the Jinko
Warehouse to the port of Shanghai, (iii) ensure proper packaging of the Solar Panels and their loading on the means of transportation at the Jinko Warehouse according to instruction of the Purchaser, its representative or, in their absence, of
the carrier. All costs associated with the above obligations of the Seller shall be borne solely by the Seller. 
  

	3.8	The inspection of the Solar Panels included in each Individual Delivery shall be effected at Jinko Warehouse at Shangrao City, Jiangxi Province, China 214028
(“Jinko Warehouse”). 

 The Seller shall ensure that: 

 

	 	(a)	the Purchaser (or any person(s) authorized by the Purchaser) has the opportunity and sufficient time to properly inspect all the Solar Panels included in each
Individual Delivery at the Jinko Warehouse in the extent requested by the Purchaser (or such authorized person); 

  

	 	(b)	the Purchaser is properly notified at least 3 business days in advance on the day(s) on which the inspection shall take place; 

 

	 	(c)	the Purchaser is allowed to inspect all technical, delivery, shipping, packaging and other documents and reports (including output reports) relating to the Solar Panels
included in each Individual Delivery and make copies of them as well as take photos of all Individual Deliveries (i.e. the Solar Panels, containers, means of transportation etc.) as the Purchaser requests. 

 

	3.9	The Purchaser has the right to refuse delivery of any Solar Panels included in any Individual Delivery if (a) the Seller does not meet its obligations under
Article 3.8 or (b) the Solar Panels inspected and or the documents relating to the Solar panels do not, in view of the Purchaser, fully comply with the specification of the Solar Panels in Appendix No. 1 hereto and/or with the particular
Order of the Purchaser and/or with this agreement or (c) any defect or malfunction of the Solar Panels or the related documents has been identified. Should the Purchaser refuse delivery of any Solar Panels under this Article 3.9, the Seller
shall instantly ensure delivery of substitute Solar Panels. The Purchaser has the rights listed in Article 3.8 in respect of the substitute Solar Panels too. 

Not effecting the inspection and/or not refusing delivery of the Solar Panels at Jinko Warehouse as stated above in Articles 3.8 and 3.9
shall be without prejudice to any rights of the Purchaser arising from Defects of the Solar Panels and/or any other rights of the Purchaser under this agreement (including, but not limited to, the compensation of damages). 

For the avoidance of doubt the parties hereby agree that (i) the Purchaser is not obliged to carry out any inspection under this
Agreement, (ii) no control of the Solar Panels by the Purchaser under this Agreement, signature of any documents by the Purchaser (including any Bill of Delivery, delivery notes, etc.) shall constitute acceptance of the Solar Panels, and
(iii) any acceptance of the delivered Solar Panels shall not remove the Seller’s responsibility for any defects hereunder. 
  

	3.10	The risk of damage to the Solar Panels shall pass from the Seller to the Purchaser pursuant to the F.O.B term as stipulated in Article 2.1. The ownership title
to the Solar Panels in relation to the Individual Delivery shall pass from the Seller to the Purchaser along with the risk of damage by the delivery of the Solar Panels to the vessel in Shanghai determined by the Purchaser, provided, however, that a
hand-over (or failure to hand over) of any documents does not affect the ownership title of the Purchaser already obtained by such delivery of Solar Panels, i.e. the provision of Article 3.7 letter (ii) shall not apply in respect to the
validity and effectiveness of the transfer of the ownership title to the Solar Panels. 

  

 6 

 Article IV Defects 

 

	4.1	The Seller shall be obliged to deliver the Solar Panels in the amount, quality and form compliant with this Agreement and its Appendix No. 1. It is
essential that the Solar Panels have no factual or legal defects, hold precisely the promised features, fully comply with the specifications set out in Appendix No. 1 hereof, and that the Solar Panels shall be manufactured solely and
exclusively by Jinko. The Seller hereby specifically declares and warrants to the Purchaser that the Panels are of a perfect quality without any defects or any decreased quality level of Jinko solar panels and explicitly do not fall within the Grade
A and/or Grade B level mentioned in the Jinko Warranty. 

  

	4.2	On inspection of the Solar Panels by the Purchaser at places of their installation in the Czech Republic, if any of the Solar Panels are discovered to contain a
defect, be damaged or otherwise not compliant with Appendix No. 1 hereof, including, without limitation, where the Solar Panels have been manufactured by an entity other than Jinko (each referred to as ¡°Defects¡±), the
Seller shall be deemed to be in breach of this Agreement and the Purchaser shall have claims and remedies set out in Article 4.4 and 4.5 , without limitation to any other claims and remedies available to the Purchaser. . 

 

	4.3	The Purchaser shall be obliged to notify the Seller in writing about any Defects without undue delay after having identified them. Since the Solar Panels are
delivered packed, the Parties hereby agree to notify manifest Defects within a period of sixty (60) days after the day when the respective Solar Panels arrived in their place of installation in the Czech Republic, such period Parties hold as a
reasonable time for the inspection of Solar Panels being the part of the Individual Delivery and for the identification of any manifest Defects of the Solar Panels. 

 

	4.4	The Purchaser shall have the following claims arising from Defects: 

 

	 	(i)	the Purchaser shall be entitled to delivery of any Solar Panels which have not been delivered on time in accordance with Article 3.2 hereof (hereinafter
“Missing Solar Panels”); and 

  

	 	(ii)	If the Missing Solar Panels are not delivered within the additional 14-day period, the Purchaser shall be entitled to request payment of liquidated damages amounting to
ten per cent (10%) of the Purchase Price of the Missing Solar Panels for each day of delay exceeding the additional 14-day time period; and 

  

	 	(iii)	in case a failure to deliver exceeds 10% of the number of Solar Panels which should have been delivered in accordance with Article 3.2 hereof, the Purchaser shall be
entitled to claim the liquidated damages amounting to twenty per cent (20%) of the Purchase Price of the Missing Solar Panels; the right to claim liquidated damages under this let. (iii) and under let. (ii) above shall be without
prejudice to the right of the Purchaser to delivery of the Missing Solar Panels. 

 The Seller shall be obliged to
pay the liquidated damages set forth in this paragraph within fourteen (14) days after the delivery of the Purchaser’s request. Payment of a contractual penalty under this provision shall not affect the Purchaser’s right to claim
damages in the full amount and an obligation of the Seller to deliver the respective Solar Panels. 
  

	4.4a	As regards delivery of any Missing Solar Panels, i.e. Solar Panels which have not been delivered on time in accordance with Article 3.2, the Purchaser shall be
entitled (but not obliged) to transport such Missing Solar Panels to the Czech Republic by train instead of by sea as stipulated in Article 3.1. Should the Purchaser decide to transport the Missing Solar Panels in this manner, the Seller shall, at
its own costs, comply with all instructions of the Purchaser as regards transportation of the Missing Solar Panels by train (in particular as regards delivery of the Solar Panels to the place of loading on train in the People’s Republic of
China) and provide the Purchaser with all requested cooperation. 

  

 7 

 The Seller shall compensate the Purchaser for all costs (i.e. charges, fees, customs and
other payments of whatsoever nature) incurred by the Purchaser in connection with transportation of the Missing Solar Panels by train exceeding the amount of costs which would the Purchaser have incurred if the transportation of the Missing Solar
Panels had been by sea as stipulated in Article 3.1. This compensation shall be paid by the Seller to the Purchaser within fourteen (14) days after the delivery of the Purchaser’s request for payment. 

The Purchase Price of the Missing Solar Panels shall be paid as stipulated in Article 2.3 with the exception that the Rail Way Bill shall
be used instead of the Bill of Lading; in the Rail Way Bill the name and address of the Purchaser or the entity designated by the Purchaser shall be stated as the name and address of the consignee (hereinafter the “Rail Way Bill”).

 If (a) the Missing Solar Panels being delivered by train pursuant this Article 4.4a arrive in the Czech Republic no later
than as if they had arrived if shipped by sea as stipulated in Article 3.1 and (b) the Seller duly and timely compensated the Purchaser for the costs of transportation as stipulated in this Article 4.4a above, the Purchaser shall not have the
right to claim the liquidated damages as stipulated under Article 4.4 hereof. 
  

	4.5	Further, the Parties hereby agree the following procedures with respect to any Defects of Solar Panels (however, if there are any discrepancies between this Art.
4.5 and the Jinko Warranty in Appendix No. 3, then the terms of this agreement shall prevail). 

  

	 	(i)	Solar Panels prior to installation, 0-120 days 

In case of technical problems with Solar Panel(s) prior to installation within one hundred twenty days from the relevant date of delivery
of Solar Panels to the Purchaser, the Seller will replace the faulty Solar Panels at its own costs, within sixty days of the Purchaser’s written notification to the Seller under Art. 4.3. 

 

	 	(ii)	Installed Solar Panels 

 If the
Solar Panel(s) malfunction or generate less than the indicated amount of power, the Purchaser shall inform the Seller and provide him with the measurement details of the Solar Panel(s). In the event that the defects are identified to be caused by
the Seller or its affiliates pursuant to Article 4.5 (iii) hereunder, the Seller is obliged to replace such defective Solar Panels or, if so requested by the Purchaser, to credit the original Purchase Price of such defective Solar Panels and
cover the costs of transportation plus installation costs of 50 EUR per kWp within thirty days of such event. 
  

	 	(iii)	Measurement 

 In the event the
Seller does not agree and/or accept Purchaser’s measurements and conclusion with respect to the defective Solar Panels, the Seller has a right to call for its own measurement within 15 days after the receipt of the measurement details from the
Purchaser. If both results differ and the Seller’s measurement would result in there being no warranty claim, a first-class international test-institute such as Fraunhofer ISE in Freiburg/ Germany, TÜV Rheinland in Cologne/ Germany or ASU
Arizona State University shall resolve the dispute. 
  

 8 

 Article V 

Term and Termination 
  

	5.1	This Agreement shall become valid and effective as of the date of its execution by both Parties and shall terminate as of October 31, 2010 (the
“Term”), unless terminated earlier pursuant to the terms and conditions hereof. 

  

	5.2	The Purchaser shall be entitled to terminate this Agreement in the following cases: 

 

	 	(i)	in the case of a material breach of this Agreement by the Seller; a material breach shall include, but not be limited to, the following: 

 

	 	(a)	the Seller delay the fulfilment of its obligation to duly and timely deliver any individual Delivery hereunder by more than one (1) week; 

 

	 	(b)	the Seller delay the fulfilment of any of its obligations hereunder by more than two (2) weeks; 

 

	 	(c)	the Solar Panels delivered in any Individual Delivery are not compliant with Article 4.1; 

 

	 	(ii)	in other cases specified in this Agreement. 

  

	5.3	The Seller shall be entitled to claim for liquidated damages or terminate this Agreement at its sole discretion in the following cases: 

 

	 	(i)	if the Purchaser delays payment of the Purchase Price set forth in Article 2.2 hereof by more than fifteen (15) days and fails to pay the Purchase Price within the
additional period of one (1) week after receiving Seller’s request for payment of the Purchase Price, the Seller shall have the right to: either (a) claim for a liquidated damages at a rate of 0.01% of delayed payment for each
calendar day up to 5%; or (b) terminate the Agreement; 

  

	 	(ii)	if the Purchaser delays taking delivery of the Solar Panels delivered by the Seller in full compliance with this Agreement by more than thirty (30) days and fails
to take delivery of the Solar Panels despite the Seller request within an additional period of eight (8) weeks, all the expenses including warehouse fee, safekeeping fee incurred shall be borne by the Purchaser. 

 

	 	(iii)	if the Purchaser, without valid cause, terminates the contract prior to any Solar Panels Delivery set forth in Article III, the Seller shall have the right to claim a
liquidated damage at a rate of 10% of the total contract value and to refuse returning the Advance Payment back to Purchaser. 

  

	5.4	Either Party may terminate this Agreement forthwith upon written notice to the other Party if the other Party enters into a composition or arrangement with its
creditors, has a receiver or administrator or administrative receiver appointed or becomes insolvent or unable to pay its debts should such fall due. The Purchaser may also terminate this Agreement forthwith upon written notice to the Seller if the
Jinko enters into a composition or arrangement with its creditors, has a receiver or administrator or administrative receiver appointed or becomes insolvent or unable to pay its debts should such fall due. 

 

	5.5	Termination of this Agreement shall be without prejudice to the rights and obligations of either Party accrued prior to the termination of this Agreement. In
particular, unless requested otherwise by the Purchaser, the Seller shall be obliged to deliver the Solar Panels ordered by the Purchaser in compliance with this Agreement prior to its termination. 

 

	5.6	Based on the requirement of Seller’s commercial strategy, Purchaser warrants that it shall not resell Seller’s Solar Panels into the country of Israel,
failing of which Purchaser shall be fully responsible for all of loss of Seller. 

  

 9 

	5.7	Purchaser warrants that it holds good commercial reputation and is in good financial condition, failing of which Purchaser shall be fully responsible and
compensate Seller’s loss therein provided that Seller cannot obtain any loan and insurance policy due to Purchaser’s such failure. 

Article VI 

Quality Guarantee 
  

	6.1	The Seller shall ensure that Jinko shall provide the Purchaser with the warranty in the form of, and the content of, Warranty Terms 2010  ̈C Limited Warranty
for PV Modules attached hereto as Appendix 3 in respect to each Individual Delivery, provided that the modifications specified in Article VI.2 hereof shall apply. Provision of such warranty shall be a condition precedent to execution by the
Purchaser of payments set out in Article 2.3 letters (ii) and (iii). 

  

	6.2	The following modifications from the wording of the Terms 2010 Limited Warranty for PV Modules attached in Appendix 3 shall apply: 

 

	 	6.2.1	the governing law of the Warranty shall be the law of England and Wales; 

 

	 	6.2.2	Nothing in clause 7 of the Warranty Terms 2010 Limited Warranty for PV Modules attached in Annex 1 shall exclude and/or restrict the right of the Project Company
to resolve any respective dispute regarding its claim(s) under the Warranty (regardless of whether such claims exist or not) in accordance with Clause 12 hereof; and 

 

	 	6.2.3	Clause 3.(5) of Warranty Terms 2010 Limited Warranty for PV Modules attached in Annex 1, shall not apply. 

 

	6.3	The Seller warrants (as at the delivery of the Individual Delivery) to the Purchaser in respect of each Individual Delivery to the extent and under the terms and
conditions as set out in the foregoing Jinko warranty (specified in Articles 6.1 and 6.2 above and 6.6 below) as if the Seller were Jinko. This does not affect the rights of the Purchaser related to Defects and other rights under Article IV.

  

	6.4	With the exception of rights of the Purchaser arising under the Jinko warranties (specified in Articles 6.1 and 6.2 above), neither Party shall be liable to the
other Party for any consequential, incidental, indirect, special, exemplary or punitive damages (including loss of actual or anticipated profits, revenues or product; loss by reason of shutdown or non-operation; increased expense of operation,
borrowing or financing; loss of use or productivity; and increased cost of capital) exceeding the amount of 100 % of the total amount of the purchase price for all Individual Deliveries arising hereof, regardless of whether any such claim
arises out of the breach of contract, guaranty or warranty, tort, product liability, indemnity, contribution, strict liability or any other legal theory. 

  

	6.5	At the request of the Purchaser, the Seller shall provide the Purchaser maximum cooperation in Purchaser’s negotiation with Jinko on amending the Jinko
warranty according to requirements of the Purchaser. 

  

	6.6	The Seller shall ensure that nothing in clause 7 of the Warranty Terms 2010 Limited Warranty for PV Modules provided by Jinko and, respectively, pursuant to
Article 6.2 hereof, by the Seller, in respect of each Individual Delivery, as attached in Appendix 3 hereto, shall exclude and/or restrict the right of the Purchaser or the entity which acquired the Solar Panels to resolve any respective dispute
regarding claim(s) under the said warranty (regardless of whether such claims exist or not) in accordance with Clause 10.2 hereof. 

  

 10 

 Article VII 

Force Majeure 
  

	7.1	Neither party shall be liable for any delay or failure to fulfil their obligations hereunder (without liability to the other party) if it is prevented from or
delayed in the carrying on of its business due to circumstances beyond its reasonable control including, without limitation, acts of God, war or national emergency, acts of terrorism, protests, riot, civil commotion, fire, explosion, flood or
epidemic (an “Event of Force Majeure”), provided that if an Event of Force Majeure continues for a period exceeding ninety (90) calendar days, the Parties shall be obliged to fulfil their obligations arising from this Agreement
as soon as the Event of Force Majeure effects cease to apply. The Parties shall be obliged to postpone the date of delivery as well as any other terms and deadlines for the period after an Event of Force Majeure ceases to apply. If an Event of Force
Majeure continues for a period exceeding one hundred eighty (180) calendar days, the Purchaser shall be entitled to terminate this Agreement by written notice delivered to the Seller. Delayed supplies from sub-contractors (including Jinko as
the producer of the Solar Panels), various lockouts, strikes and government changes cannot be classified as an Event of Force Majeure. 

Article VIII 

Confidentiality 
  

	8.1	The Parties hereby undertake to keep confidential and not disclose to any third party, other than to its professional advisers or as required by law, by
decisions of courts, state or similar authorities or as agreed between the Parties, any financial or confidential information relating to the terms of this Agreement or any confidential information relating to the business or affairs of the other
Party, including without limitation any and all facts, information, data and circumstances they learn in the course of performing this Agreement and/or in connection herewith. 

 

	8.2	Art. 8.1 shall not apply to information which: 

  

	 	(i)	has become of public knowledge other than through the fault of the disclosing Party; 

 

	 	(ii)	the disclosing Party can demonstrate was already known prior to disclosure; or 

 

	 	(iii)	has been received by the disclosing Party from a third party who did not acquire it (i) in confidence from another Party or (ii) from someone owing a duty of
confidence to another Party. 

 The obligation of the Purchaser not to disclose information under Art. 8.1 does not
apply to disclosing confidential information to customers of the Purchaser and any third parties cooperating with the Purchaser on solar projects of the Purchaser in the Czech Republic, including, but not limited to, their shareholders, affiliates,
parent companies, directors, advisors, employees, contractual partners, agents and other representatives. 
  

	8.3	The undertakings under this Article 8 shall survive the termination of this Agreement. 

Article IX 

Trademarks 
  

	9.1	The Purchaser shall only use the Seller’ trademarks (the “Trademarks”) in promoting and selling the Solar Panels and the Purchaser shall
comply with the following conditions: 

  

	 	(i)	At the request of the Seller, in using any Trademarks, the Purchaser must give due prominence to the fact that the Trademarks are proprietary to (or otherwise connected
with) the Seller. 

  

	 	(ii)	The Trademarks must not be used in relation to any goods other than the Solar Panels. 

 

 11 

	 	(iii)	The Purchaser shall use the Seller’ names or the Trademarks on any written document, advertisement or in any other printed or electronic materials in accordance
with the Seller’ brand guidelines for use of the Trademarks. The Trademarks shall not be used in association with any other trademarks or names under the corporate or other main trading names of the Purchaser without the prior written approval
of the Seller. 

  

	 	(iv)	The Purchaser shall leave in position and not tamper with, alter, cover or erase any notices or other marks in which the Seller may place on or affix to the Solar
Panels. 

  

	 	(v)	The Purchaser shall have no rights in respect of the Trademarks or of the goodwill associated therewith and the Purchaser hereby acknowledges that, except as expressly
provided, it shall not acquire any rights in respect thereof, and that all such rights and goodwill are, and shall remain vested in the Seller. 

  

	 	(vi)	The Purchaser shall promptly notify the Seller of any suspected infringement of the Trademarks. 

 

	 	(vii)	The Purchaser shall not, at any time during or at any time after the termination of this Agreement, in connection with any business similar to that of the Seller,
adopt, use or register, without the prior written consent of the Seller, any word or symbol or a combination similar to any of the Trademarks. 

Article X 

Final Provisions 
  

	10.1	This Agreement shall be governed by and construed in accordance with the laws of England and Wales without regard to conflicts of laws and rules. The Appendices
to this Agreement form an integral part of this Agreement. 

  

	10.2	All disputes and controversies of every kind between the Parties arising out of this Agreement shall be referred to and finally resolved by arbitration under the
Rules of the London Court of International Arbitration in accordance with such body’s rules, by three arbitrators appointed in accordance with such rules. All arbitration proceedings shall be conducted in English in London, the United Kingdom.
The award rendered shall be final and binding, and shall not be subject to appeal to any court. 

  

	10.3	The provisions of this Agreement are mutually severable. Should any of the obligations hereunder be or become invalid or unenforceable, it shall not affect the
validity and enforceability of the remaining obligations hereunder and the Parties undertake to replace the relevant invalid or unenforceable obligation with a new obligation that is valid and enforceable, and the subject of which corresponds as
closely as possible to the subject of the original obligation. Should this Agreement lack any provision or obligation the determination of which would otherwise have been reasonable for the purpose of setting forth the rights and obligations of the
Parties, the Parties shall take all steps necessary to supplement such provision into the Agreement. 

  

	10.4	This Agreement may only be amended, supplemented or cancelled by written amendments numbered in continuous order. These amendments must be identified as such,
must be validly signed by all Parties and shall be governed by the same contractual laws as the Agreement itself. If one of the Parties submits a draft amendment, the other Parties undertake to express their opinion on the draft within fourteen
(14) calendar days of the delivery of the draft. 

  

	10.5	The Seller may not assign this agreement or any rights or obligation arising from it to any third party without the prior written consent of the Purchaser. The
Purchaser shall be entitled to assign this Agreement in its entirety, i.e. all rights and obligations arising from this Agreement for the Purchaser, to any third party and the Seller explicitly and irrevocably consents to such an assignment
(including assignment of all obligation of the Purchaser in such a case). 

  

 12 

	10.6	The terms and provisions of this Agreement may not be waived except in writing signed by the Party against whom the waiver is charged. A waiver by any Party of
any breach of any term or provision hereof shall not constitute a waiver of any other breach of any term or provision of this Agreement. 

  

	10.7	The Parties shall consult with each other as to the form, substance and timing of any press release or other public disclosure related to this Agreement;
provided, however, the Parties may make such disclosure to the extent required by applicable law. 

  

	10.8	This Agreement may be executed in any number of counterparts, each of which when executed and delivered shall be deemed to be an original, but all of the
counterparts together shall constitute one and the same instrument. Facsimile executed and delivery of this Agreement is legal, valid and binding for all purposes. 

 

	10.9	All futures correspondence, notices and other exchange of information in relation to this Agreement shall be in English. 

 

	10.10	This Agreement shall become valid and effective on the day of its signing by all Parties. 

(The below is intentionally left blank for signatures) 

 

 13 

			
	In Shanghai on April 10th of 2010	  	In Shanghai on April 12th of 2010
	on behalf of Shangrao Jinko Solar Import and Export Co., Ltd.	  	On behalf of Arcman Solar Power Corp.
	Signature:	  	Signature:
		
	/s/ Xisnde Li	  	/s/ Zi Meng
	Name: Xiande Li	  	Name: Zi Meng
	Title: Chairman	  	Title: Vice President

  

 14 

 Appendices: 

 

			
	Appendix No. 1:	  	Detailed Specification of Solar Panels including CE certificate
	Appendix No. 2:	  	Seller’s bank account number
	Appendix No. 3:	  	Jinko Warranty
	Appendix No. 4:	  	Preliminary Delivery Schedule
	Appendix No. 5:	  	Packing List
	Appendix No. 6:	  	Output/flash report
	Appendix No. 7:	  	Commercial Invoice

  

 15 

 VERIFICATION OF EMC COMPLIANCE 

 

			
	 No.:
	  	SHEMO10020015501TXC
		
	 Applicant:
	  	Jinko Solar Co., Ltd
		
		  	No 1 Jinko Road, Shangrao Economic Development
		
	 Zone,
	  	Jiangxi Province 334100, China
		
	 Manufacture:
	  	Jinko Solar Co., Ltd
		
		  	No 1 Jinko Road, Shangrao Economic Development
		
	 Zone,
	  	Jiangxi Province 334100, China
		
	 Product Description:
	  	PV Module
		
	 Model No.:
	  	JKMXXXM-96, JKMXXXM-72, JKMXXXM-66,
		
		  	JKMXXXM-60, JKMXXXM-54, JKMXXXM-36,
		
		  	JKMXXXP-72, JKMXXXP-60, JKMXXXP-54,
		
		  	JKMXXXP-48, JKMXXXP-36 (XXX:0W-300W)
		
	 Technical Data:
	  	Not supplied by client
	
	 Sufficient samples of the product have been tested and found to be in conformity with

	 Test Standard:
	  	EN 61000-6-1: 2007
		  	EN 61000-6-3: 2007
		
	 As shown in the
	  	
	 Test Report Number(s):
	  	SHEMO10020015501

 This verification of EMC Compliance has
been granted to the applicant based on the results of the tests, performed by laboratory of SGS-CSTC Standards Technical Services (Shanghai) Co., Ltd. on the sample of the above-mentioned product in accordance with the provisions of the relevant
specific standards and Directive 2004/108/EC. The affixing of the CE marking presumes in addition that the conditions in annexes III and V of the Directive are fulfilled. 

Tino Pan 
 E&E Section Manager 

SGS-CSTC 
 Feb
25, 2010 
  

	
	This verification is owned by SGS-CSTC Standards Technical Services (Shanghai)Co., Ltd. and may not be reproduced full and with the prior approval of the General
Manager. This verification is subjected to the governance of the General Conclitions of Services, printed overleaf.

Member of SGS Group (Société Générale de Surveillance) 

Contact us to validate this document by email address: ee.shanghai@sgs.com 

SGSPAPER 

09622658 
  

 16 

			
	JinKo	  	
		
	

	  	 **** Watt
  

POLY CRYSTALLINE MODULE

	  	  
 Jinko Solar introduces all new line of high performance modules
in wide application ranging from **** watts to **** watts.
  
 KEY FEATURES

  
 Our solar cells offer high conversion efficiency to ensure high
quality
  
 Our High performing modules have an industry low tolerance
of +/-3%
  
 Can withstand high wind-pressure, snow load and extreme
temperature
  
 Passed IEC 2400 Pa mechanical loading
test
  
 QUALITY & SAFETY

 
 Industry leading power output warranty (12/90%, 25/80%)

 
 5-year warranty on product materials and processing technology

 
 ISO 9001:2000 (Quality Management System) certified factory

 
 IEC61215, IEC61730 certified products

 
 APPLICATIONS

 
 On-grid residential roof-tops

 
 On-grid commercial/industrial roof-tops

 
 Solar power plants

 
 Off-grid system

 
 Other on-grid applications

 

	****	Confidential material omitted and filed separately with the Commission. 

 

 17 

											
	Mode Type	  	****	  	****	  	****	  	****	  	****
	Maximum Power (Pmax)	  	****Wp	  	****Wp	  	****Wp	  	****Wp	  	****Wp
	Maximum Power Voltage (Vmp)	  	****V	  	****V	  	****V	  	****V	  	****V
	Maximum Power Current (Imp)	  	****A	  	****A	  	****A	  	****A	  	****A
	Open-Circuit Voltage(Voc)	  	****V	  	****V	  	****V	  	****V	  	****V
	Short-Circuit Voltage (Isc)	  	****A	  	****A	  	****A	  	****A	  	****A
	No. of Diode	  		  		  	6	  		  	
	Maximum System Voltage	  	****V(UL)/****V(TUV,VDE)DC
	Maximum System Voltage	  		  		  	****A	  		  	
	Maximum Series Fuse Rating	  		  		  	****%
	  		  	
	Power Tolerance	  		  		  	****°C	  		  	
	Temperature Coefficients of Pmax	  		  		  	****oC	  		  	
	Temperature Coefficients of Voc	  		  		  	****oC	  		  	
	Temperature Coefficients of Isc	  		  		  	****oC	  		  	
	Nominal Operating Cell Temperature (NOCT)	  		  		  	****oC	  		  	

 STC: Irradiance
1000W/m2        
Module Temperature 25°C    AM=1.5 
  

					
	****	 	Cell Type	  	Poly-crystalline ****mm ****inch
		 	No. of Cells	  	****
		 	Dimensions	  	****mm ****inch
		 	Weight	  	****kg (****lbs.)
		 	Front Glass	  	****mm High Transmission LowIron, Tempered Glass
			
		 	Frame	  	Anodized Aluminium
		 	Junction Box	  	IP67 rated
		 	Output Cables	  	UV/****mm2/Length
 ****mm
			
		 	Packing Configuration	  	2 pcs/box
		 	Quantity/Pallet	  	18 boxes/pallet
		 	Loading Quantity	  	180 pcs/20 ft or 360 pcs/40 ft
			
		 	****	  	

  

	****	Confidential material omitted and filed separately with the Commission. 

 

 18 

 Shangrao Jinko solar Import and Export Co., LTD 

Xuri District, Shangrao Economic Development Zone, Jiangxi Province, China 

Proforma Invoice 
  

 
  

							
	Date	  		  		  	 Number :

		  		  		  	 Page No.:            1

	To:	  	Amun.Re a.s.	  	From:	  	
			
		  	Praha 5, Radlická 663/28, Post Code	  	Shangrao Jinko solar Import and Export Co., LTD
		  	15000, Czech Republic	  	Xuri District, Shangrao Economic Development Zone,
		  		  	Jiangxi Province, China        Attn:
		  		  	Tel: +86-21-31268766 Fax: +86-21-68761115
		
	Shipping Term : FOB Shanghai	  	Your P.O. No.:
		  		  	****% TT in advance & ****%
	Sailing on or about :                    By
sea	  	irrepealable
	  	Payment Term:        L/C 45 days against B/L COPY
	From: Shanghai To: Czech Republic	  	
		  	Delivery Date :

  

								
	 Description
	  	Quality (PCS)	  	Unit Price (USD)	  	Amount
		  		  		  	US$	0.00
		  		  		  	 	 
	 TOTAL
	  	0	  		  	US$	0.00
		  	 	  		  	 	 

 Bank Information 

 

			
	Bank Name	  	BANK OF CHINA. SHANGRAO BRANCH
		
	Address:	  	43 SHENGLI ROAD, SHANGRAO, JIANGXI PROVINCE£¬ CHINA
		
	SWIFT:	  	BKCHCNBJ550
	BENEFICIARY’s	  	
		
	Name:	  	Shangrao Jinko Solar Import and Export Co., Ltd
	BENEFICIARY’s	  	
		
	Address:	  	Xuri District, Shangrao Economic Development Zone, Jiangxi Province, China
	BENEFICIARY’s	  	
	A/C:	  	739173935828094038

  

 
 Authorised Signature 

 
  

	****	Confidential material omitted and filed separately with the Commission. 

 

 19 

 Warranty Terms 2010 

Limited Warranty for PV modules 

JINKO Standard PV Module Product Model Names coved under this warranty are ****, **** and ****. 

For the standard solar module types listed above, JINKO SOLAR shall WARRANTY its Photovoltaic Solar Modules (MODULES)’s performance starting from
the date of sale (SALES DATE) to the first customer installing (for their own use) the MODULES (CUSTOMER) or starting at the latest 12 months after module dispatch from the JINKO SOLAR factory, whichever occurs earlier, (the WARRANTY START DATE)

  

	1.	Limited Product Warranty  ̈C Five Years Repair, Replacement or Refund Remedy 

Wuxi Jinko Solar Co., Ltd. (JINKO SOLAR) warrants its Photovoltaic Solar Modules (MODULES) type listed above, including factory-assembled DC connectors
and cables, if any, to be free from defect in materials and workmanship under normal application, installation, use and service conditions. If MODULES fail to conform to this warranty, during the period of Sixty (60) months from the WARRANTY
START DATE, JINKO SOLAR will, at its option, either repair or replace the product, or refund the then current market price of the MODULES. The repair or replacement or refund remedy shall be the sole and exclusive remedy provided under the
“Limited Product Warranty” and shall not extend beyond the period set forth herein. This “Limited Product Warranty” does not warrant a specific power output, which shall be exclusively covered under clause 2 hereinafter
(“Limited Peak Power Warranty”). 
  

	2.	Limited Peak Power Warranty – Limited Remedy 

5 years 
 If, for a period of Five
(5) years from the Warranty Start Date, any MODULE(s) exhibits a power output less than 95 % of the nominal power as set out in JINKO SOLAR’s product datasheet, provided that such loss in power is due to defects in material or
workmanship, JINKO SOLAR will, at its sole option, either (1) replace such loss in power by either, at JINKO SOLAR’S sole option, (a) providing additional MODULES to the CUSTOMER to make up for such loss in power or (b) replacing
the defective MODULE(s) or (2) refund the percentage of the cost of the MODULE (as measured by the then current market price of the MODULE) to the CUSTOMER representing the percentage of the power output less than 95% of the nominal power as
set out as specified in JINKO SOLAR’s product datasheet. 
 **** years 

If, for a period of **** years from the Warranty Start Date, any MODULE(s) exhibits a power output less than 90 % of the nominal power as set out in
JINKO SOLAR’s product datasheet, provided that such loss in power is due to defects in material or workmanship, JINKO SOLAR will, at its sole option, either (1) replace such loss in power by either, at JINKO SOLAR’S sole option,
(a) providing additional MODULES to the CUSTOMER to make up for such loss in power or (b) replacing the defective MODULE(s) or (2) refund the percentage of the cost of the MODULE (as measured by the then current market price of the
MODULE) to the CUSTOMER representing the percentage of the power output less than 90% of the nominal power as set out as specified in JINKO SOLAR’s product datasheet. 

25 years 
 If, for a period of
Twenty-five (25) years from the Warranty Start Date, any MODULE(s) exhibits a power output less than 80% of the nominal power as set out in JINKO SOLAR’s product datasheet, provided that such loss in power is due to defects in material or
workmanship, JINKO SOLAR will, at its sole option, either (1) replace such loss in power by either, at JINKO SOLAR’S sole option, (a) providing additional MODULES to the CUSTOMER to make up for such loss in power or (b) replacing
the defective MODULE(s) or (2) refund the percentage of the cost of the MODULE (as measured by the then current market price of the MODULE) to the CUSTOMER representing the percentage of the power output less than 80% of the nominal power as
set out as specified in JINKO SOLAR’s product datasheet. 
  

	****	Confidential material omitted and filed separately with the Commission. 

 

 20 

 The remedies set forth in this clause 2 shall be the sole and exclusive remedies provided under the
“Limited Peak Power Warranty”. 
  

	3.	Exclusions and Limitations 

 (1) In any
event, all warranty claims must be received within the applicable warranty period for this warranty to be effective. 
 (2) The “Limited
Product Warranties” and the “Limited Peak Power Warranties” do not apply to any MODULES which have been subjected to: 
  

	 	•	 	 Misuse, abuse, neglect or accident; 

  

	 	•	 	 Alteration, improper installation or application; 

  

	 	•	 	 Non-observance of JINKO SOLAR’s installation and maintenance instructions; 

 

	 	•	 	 Repair or modifications by someone other than an approved service technician of JINKO SOLAR; 

 

	 	•	 	 Power failure surges, lightning, flood, fire, accidental breakage or other events outside JINKO SOLAR’ s control. 

(3) Both the “Limited Product Warranties” and “Limited Peak Power Warranties” do not cover any costs associated with installation,
removal or re-installation of the PV-modules and (except as explicitly set forth in the final paragraph of Section 5) customs clearance or any other costs for return of the MODULES. 

(4) Warranty claims will not be honored if the type or serial number of the MODULES have been altered, removed or made illegible. 

(5) This “Limited Warranty for PV Modules” does not apply to MODULES marked as “Grade A” or “Grade B’. JINKO SOLAR
explicitly refers to their “Limited Warranty for PV Modules marked Grade A”, their “Special Limited Warranty for PV Modules marked Grade B” reflecting these categorized modules. 

 

	4.	Limitation of Warranty Scope 

 These
“Limited Warranties for PV Modules” as set forth herein are expressly in lieu of and exclude all other express or implied warranties, including but not limited to warranties of merchantability and of fitness for particular purpose, use, or
application, and all other obligations or liabilities on the part of JINKO SOLAR, unless such other obligations or liabilities are expressly agreed to in writing signed and approved by JINKO SOLAR. JINKO SOLAR shall have no responsibility or
liability whatsoever for damage or injury to persons or property, or for other loss or injury resulting from any cause whatsoever arising out of or related to the MODULES, including, without limitation, any defects in the MODULE, or from use or
installation. Under no circumstances shall JINKO SOLAR be liable for incidental, consequential or special damages, howsoever caused. Loss of use, loss of profits, loss of production, and loss of revenues are specifically and without limitation
excluded. JINKO SOLAR’s aggregate liability, if any, in damages or otherwise, shall not exceed the invoice value as paid by the CUSTOMER, for the single unit of MODULE. 

 

	5.	Obtaining Warranty Performance 

 If the
CUSTOMER has a justified claim covered by this “Limited Warranties for PV Modules”, an immediate notification directly to JINKO SOLAR shall be filed by mailing a registered letter in writing to the address of JINKO SOLAR listed hereunder,
or, sending an email letter to the email account of JINKO SOLAR listed hereunder. Together with the notification, the CUSTOMER should enclose the evidence of the claim with the corresponding serial number of the MODULE(s) and the date on which the
MODULES have been purchased. A invoice with clear indication of the purchase date, purchase price, module type, stamp or signature of Jinko or its distributors should also be submitted as part of the evidence. 

The return of any PV-modules will not be accepted unless prior written authorization has been given by JINKO SOLAR. In connection with both the
“Limited Product Warranties” and “Limited Peak Power Warranties”. JINKO SOLAR shall reimburse CUSTOMER for reasonable, customary and documented transportation charges by sea freight for both the return of the MODULES and
reshipment of any repaired or replaced MODULES. 
  

 21 

	6.	Severability 

 If a part, provision or
clause of this “Limited Warranty for PV Modules”, or the application thereof to any person or circumstance, is held invalid, void or unenforceable, such holding shall not affect and shall leave all other parts, provisions, clauses or
applications of this “Limited Warranty for PV Modules”, and to this end such other parts, provisions, clauses or applications of this “Limited Warranty for PV Modules” shall be treated as severable. 

 

	7.	Disputes 

 In case of any discrepancy in a
warranty-claim, a first-class international test-institute such as Fraunhofer ISE in Freiburg/ Germany, TÜV Rheinland in Cologne/ Germany or ASU Arizona State University shall be involved to judge the claim finally. All fees and expenses shall
be born by the losing party, unless otherwise awarded. The final explanation right shall be borne by JINKO SOLAR. 
 YOU MAY HAVE SPECIFIC LEGAL
RIGHTS OUTSIDE THIS WARRANTY, AND YOU MAY ALSO HAVE OTHER RIGHTS THAT VARY FROM STATE TO STATE. THIS LIMITED WARRANTY DOES NOT AFFECT ANY ADDITIONAL RIGHTS YOU HAVE UNDER LAWS IN YOUR JURISDICTION GOVERNING THE SALE OF CONSUMER GOODS, INCLUDING,
WITHOUT LIMITATION, NATIONAL LAWS IMPLEMENTING EC DIRECTIVE 99/44. SOME STATES DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE LIMITATIONS OR EXCLUSIONS IN THIS LIMITED WARRANTY STATEMENT MAY NOT APPLY TO YOU.

  

	8.	Various 

 The repair or replacement of the
MODULES or the supply of additional MODULES, does not cause the beginning of new warranty terms, nor shall the original terms of this “Limited Warranty for PV-Modules” be extended. Any replaced MODULES shall become the property of JINKO
SOLAR made for their disposal. JINKO SOLAR has the right to deliver another type ( different in size, color, shape and/or power ) in case JINKO SOLAR discontinued producing the replaced MODULES at the time of the claim. 

 

	9.	Warranty Transfer 

 This warranty is
transferable when the product remains installed in its original installation location. 
  

	10.	Force Majeure 

 JINKO SOLAR shall not be
responsible or liable in any way to the customer or any third-party arising from any non-performance or delay in performance of any terms and conditions of sale, including this “Limited Warranty for PV Modules”, due to acts God, war,
riots, strikes, warlike conditions, plague or other epidemics, fire, flood, or any other cause or circumstance beyond the reasonable control of such JINKO. In such cases, performance by JINKO of this Warranty shall be suspended without liability for
the period of delay reasonably attributable to such causes. 
  

	11.	Validity 

 This “Limited Warranty for
PV Modules” is valid for all MODULES dispatched from JINKO SOLAR’s factories between 1st January 2010 and 31st December 2010. 

“Nominal Power in Datasheet” is the power in Watt peak that a PV-module generates in its Maximum Power Point under STC condition.
“STC” are as follows: 
 (a) light spectrum of AM 1.5, (b) an irradiation of 1000 W per square meters, and (c) a cell
temperature of 25 degrees centigrade at right angle irradiation. The measurements are carried out in accordance with IEC 61215 as tested at the connectors or junction box terminals—as applicable—per calibration and testing standards of
JINKO SOLAR valid at the date of manufacture of the PV-modules. 
  

 22 

 Appendix No. 4; 

Preliminary Delivery Schedule of Jinko Panels **** Wp 
  

			
	 Delivery date to Shanghai port
	  	 Amun.Re Order in MWp

		
	 May ****
	  	****
	 May ****
	  	****
	 May ****
	  	****
	 June ****
	  	****
	 June ****
	  	****
	 June ****
	  	****
	 July ****
	  	****
	 July ****
	  	****
	 July ****
	  	****
	 July ****
	  	****
	 August ****
	  	****
	 August ****
	  	****
	 August ****
	  	****
	 August ****
	  	****

  

	****	Confidential material omitted and filed separately with the Commission. 

 

 23 

			
	

	  	JINKO SOLAR CO., LTD.
		
		  	1 JINKO ROAD, SHANGRAO ECONOMIC DEVELOPMENT ZONE, JIANGXI PROVINCE, CHINA
		
		  	TEL: +86-21-68761209 FAX: +86-21-68761115

PACKING LIST 
  

							
	 Date :
	  	9-Oct-2009	  	Invoice No. :	  	
				
	 Messrs:
	  	xxxxxxxxxx	  	P.I.No.:	  	
				
	 Address:
	  	Frankfurt	  		  	
				
	 Tel;
	  		  		  	
				
	 Fax:
	  		  		  	

  

															
	 Description

 

	  	 	  	 Container No.
	  	Quantity
(PC)	  	Net Weight
(KG)	  	Gross Weight
(KG)	  	No. of
Package
(Pallets)	  	MEAS
(CBM)
	 Poly

Crystalline

Photovoltaic

(PV) Modules

****W
	  	1	  	CBHU6109768	  	504	  	8914.08	  	10098.90	  	1-28	  	49.148
	  	2	  	CBHU1994651	  	504	  	8914.08	  	10098.90	  	29-56	  	49.148
	  	3	  	TRLU6543717	  	504	  	8914.08	  	10098.90	  	57-84	  	49.148
	  	4	  	UESU4139749	  	504	  	8914.08	  	10098.90	  	85-112	  	49.148
	  	5	  	CBHU1924973	  	504	  	8914.08	  	10098.90	  	113-140	  	49.148
	  	6	  	UESU4189565	  	504	  	8914.08	  	10098.90	  	141-168	  	49.148
	  	7	  	CBHU1855086	  	504	  	8914.08	  	10098.90	  	169-196	  	49.148
	  	8	  	CBHU6145488	  	504	  	8914.08	  	10098.90	  	197-224	  	49.148
	  	9	  	FSCU4622866	  	504	  	8914.08	  	10098.90	  	225-252	  	49.148
	  	10	  	CBHU1890791	  	504	  	8914.08	  	10098.90	  	253-280	  	49.148
	  		  		  	 	  	 	  	 	  	 	  	 
	 TOTAL:
	  		  		  	5040	  	89140.80	  	100989.00	  	280 P/L	  	491.480

  

					
		  	  
	  	
		  	Authorised Signature	  	

  

	****	Confidential material omitted and filed separately with the Commission. 

 

 24 

																		
	 FLASH REPORT

 
	   
 

	Container No.:	  	Serial No.:	  
	TYPE: MONO 125 SOLAR CELL	  	MODULE SIZE: **** MM	  
	 Date: 2010/2/9
	  	        Total Power: **** W	  		  		  		  	Nominal power: **** W	  
									
	 Pallet No.
	 	 	  	 S.N.
	  	Voc(V)	  	Isc(A)	  	Pm(W)	  	Vm(V)	  	Im(A)	  	FF(%)	 
	 1
	 	1	  	23110020800540200001	  	45.0898	  	5.5428	  	185.5063	  	36.6442	  	5.0624	  	74.23	% 
	 	2	  	23110020800540200005	  	45.0583	  	5.5478	  	186.1703	  	36.418	  	5.112	  	74.48	% 
	 	3	  	23110020800540200010	  	45.1367	  	5.5332	  	186.3514	  	36.7208	  	5.0748	  	74.62	% 
	 	4	  	23110020800540200007	  	45.1016	  	5.5089	  	186.1656	  	36.1238	  	5.1535	  	74.93	% 
	 	5	  	23110020800540200011	  	45.1866	  	5.6137	  	187.4837	  	36.8728	  	5.0846	  	73.91	% 
	 	6	  	23110020800540200009	  	45.2119	  	5.5548	  	185.9746	  	36.0583	  	5.1576	  	74.05	% 
	 	7	  	23110020800540200006	  	45.0883	  	5.5142	  	185.4532	  	36.0626	  	5.1425	  	74.59	% 
	 	8	  	23110020800540200002	  	45.075	  	5.5157	  	185.849	  	36.659	  	5.0697	  	74.75	% 
	 	9	  	23110020800540200008	  	45.0857	  	5.514	  	185.9199	  	36.7061	  	5.0651	  	74.79	% 
	 	10	  	23110020800540200004	  	45.0602	  	5.5177	  	185.7629	  	36.8736	  	5.0378	  	74.72	% 
	 	11	  	23110020800540200012	  	45.1171	  	5.5339	  	186.3099	  	36.9227	  	5.0459	  	74.62	% 
	 	12	  	23110020800540200003	  	45.0901	  	5.5233	  	185.5909	  	36.6438	  	5.0647	  	74.52	% 

  

			
	Operator:	  	Audit:

  

**** Confidential material omitted and filed separately with the Commission. 
  

 25 

 

 
 Shangrao Jinko solar Import and Export Co., LTD 

Xuri District, Shangrao Economic Development Zone, Jiangxi Province, China 

Commercial Invoice 
  

									
	Date:	 	01-May-10	 		 	Number:	 	
		 		 		 	Page No. :	 	1
	To:	 		 	From:	 		 	

  

			
	 Arcman Solar Power Corp.

with its address at P.O.Box 692204, Quincy,

MA 02269, USA
	  	 Shangrao Jinko solar Import and Export Co., LTD Xuri District,

Shangrao Economic Development Zone,
 Jiangxi
Province,China            Attn: Vicky Sun
 Tel: +86-13764183002 Fax:+86-21-68761115

  

			
	 Shipping Te Fob shanghai
  

Sailing on or about : By Sea
  

From: Shanghai To: USA
	  	 Your P.O. No. :
  

Payment Term : ****%TT in advance; ****% LC 45 against B/L copy
  

Delivery Date

  

										
	 	  	 Description
	  	 Quantity(PCS)
	  	Unit Price (EURO)	  	Amount
	 ****W
	  	Watt-****pcs cell MULTI Panel	  	1	  	€	****	  	#VALUE!
		  		  		  			  	
		  		  		  			  	
	 TOTAL:
	  		  	1	  			  	#VALUE!

 Bank
Information 
  

			
	Bank Name:	  	BANK OF CHINA, SHANGRAO BRANCH
	Address:	  	43 SHENGLI ROAD, SHANGRAO, JIANGXI PROVINCE, CHINA
	SWIFT:	  	BKCHCNBJ550
	BENEFICIA	  	
	RY’s Name:	  	Shangrao Jinko Solar Import and Export Co., Ltd
	BENEFICIA	  	
	RY’s Name:	  	Xuri District, Shangrao Economic Development Zone, Jiangxi Province, China
	BENEFICIA	  	
	RY’s A/C:	  	739173935828094038

  

	
	
	  

	
	Authorised Signature

  

**** Confidential material omitted and filed separately with the Commission. 
  

 26

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