Document:

Exhibit 4.97

Exhibit 4.97

Sublease Agreement

This Sublease Agreement (this “Agreement”) is made and entered into on June 29, 2010 by and
between the following parties:

	 	(1)	 	Lessor: Beijing Huaixiang Xiandai Agriculture Technology Co., Ltd. (“Party
A”); and

	 	(2)	 	Lessee: Beijing Ninetowns Sky Eco-Agriculture Co., Ltd. (“Party B”).

Based on the principles of good faith, mutual benefit and consideration at equal value, and
through friendly negotiation, the parties hereto have reached the following agreements with respect
to the sublease of a certain premise described below:

	1.	 	Subleased Premises. Party A, as the lessor, shall sublease to Party B, a certain
premise located in North Machangying Village, Machangying Town, Pinggu District, Beijing, the
People’s Republic of China, which consists of (i) a piece of land and the structures and
facilities (including certain equipments and vehicles) situated thereon to be used as office
space (the “Commercial Land”) and (ii) a piece of land and the structures and facilities
situated thereon to be used as farm land (the “Farm Land”) (together with the Commercial Land,
the “Premises”). A detailed description of the Premises is set forth in Exhibit A
(Particulars of Premise) attached hereto. Party B shall use the Commercial Land for office
use and the Farm Land for agricultural use. The total area of the Premises is 1,054.8 Mu
(approximately 70,320 square meters).

	2.	 	Term of Sublease. The sublease term shall commence from the effective date as
specified in Section 11 hereof (the “Effective Date”) until September 15, 2022, which is the
expiration date of the master land lease for the Premises.

	3.	 	Rent.

The rent for the Commercial Land shall be RMB4,800 per year, the rent for five (5) motor-pumped
wells shall be RMB5,000 per year, and the rent of the Farm Land shall be RMB231,525 per year
and shall be increased by five percent (5%) every five (5) years after September 16, 2012
(collectively, the “Rental Payment”). The Rental Payment is payable by Party B to Party A or
Party A’s designee on an annual basis. The parties acknowledge that the Rental Payment for the
first year of the sublease term has been made by Party B and received by Party A. Party B
shall pay the Rental Payment to Party A or Party A’s designee prior to September 15 of each
year. In the event that the actual
sublease term is not a complete year, the Rental Payment for such partial year shall be
calculated on a pro rata basis based on the actual number of days elapsed during such sublease
period. Party A shall deliver, or cause to be delivered, to Party B a formal invoice of the
relevant Rental Payment within twenty (20) days before the date on which such Rental Payment is
due.

 

 

 

The parties agree that Party B shall, in each year within the sublease term, pay Party A 30% of
the net profit arising from the operations of the Premises (if any) as a part of the Rental
Payment.

	4.	 	Utilities. Upon Party B’s reasonable request, Party A shall at its own cost provide
Party B with necessary utilities with respect to the Premises (the “Utilities”), including
natural gas, water and electricity supply, and telephone and broad-band Internet connection.
Party A shall be responsible for the renovation and maintenance of the Utilities.

	5.	 	Expenses. During the sublease term, expenses incurred by Party B with respect to the
Utilities to be provided by Party A under this Agreement shall be borne by Party B based on
actual use.

	6.	 	Party A’s Right to Sublease. Party A hereby represents and warrants to Party B that
it has the right to sublease the Premises and it has obtained all required approvals and
consents necessary for the sublease contemplated hereunder.

	7.	 	Payment. Any amount payable by Party B to Party A under this Agreement shall be made
in Renminbi through bank wire transfers or by cheques to a bank account designated by Party A.

	8.	 	Conditions and Maintenance of the Premises. During the sublease term, Party A shall
ensure that the Premises and the Utilities are in normal usable and safe conditions and are
suitable for the intended use as contemplated hereunder. Party B shall reasonably use and
take reasonable care of the Premises. In the event that Party B discovers any damage or
malfunction of the Premises or the Utilities, Party B shall promptly notify Party A to repair
such damage or malfunction. Party A shall conduct such repair within two (2) days after it
receives Party B’s notice.

	9.	 	Assignment. No party hereto shall transfer, assign or sublease any of its rights or
obligations hereunder without the prior written consent by the other party.

	10.	 	Sublease Registration. Party A shall execute all necessary documents and take all
necessary actions to promptly complete the registration for the sublease of the Premises and
obtain documents certifying such registration.

 

 

 

	11.	 	Effect and Termination. This Agreement shall be deemed to have come into effect on
March 27, 2009. Unless otherwise agreed by the parties, this Agreement shall terminate upon
expiration of the sublease term hereunder or on a date mutually agreed by both parties. Party
B may terminate this Agreement upon a thirty-day prior written notice to Party A.

	12.	 	Applicable Law and Dispute Resolution. The execution, interpretation, performance
and settlement of disputes related to this Agreement shall be governed by the laws of the
People’s Republic of China. Any dispute arising from the performance of this Agreement shall
first be resolved by the parties through consultation. If the parties fail to reach an
agreement within thirty (30) days, the parties shall submit such dispute to be resolved by
arbitration administered by the China International Economic and Trade Arbitration Commission
in Beijing.

	13.	 	Attachments and Execution. All annexes, schedules and exhibits attached hereto shall
constitute an integral part of this Agreement and shall have the same legal force and effect
as the Agreement. This Agreement shall be executed in two original counterparts, each Party
to hold one (1) original, and the two (2) originals shall have the same legal effect with each
other.

 

 

 

IN WITNESS WHEREOF the Parties hereto have executed or caused their duly authorized representatives
to execute this Agreement on the date first above written.

Party A: Beijing Huaixiang Xiandai Agriculture Technology Co., Ltd.

(Corporate Seal)

By: /s/

Legal Representative or Authorized Representative:

Date: June 29, 2010

Party B: Beijing Ninetowns Sky Eco-Agriculture Co., Ltd.

(Corporate Seal)

By: /s/

Authorized Representative:

Date: June 29, 2010

 

 

 

Exhibit A

Particulars of Premise

1. Commercial Land

Total area of the land: 4.8 Mu (approximately 320 square meters)

Facilities: 200 square meters of office space

2. Farm Land

Total Area: 1,050 Mu (approximately 70,000 square meters)

Facilities:

1) hoop house: one 416-square-meter hoop house with steel frame and one 335-square-meter hoop
house with bamboo frame;

2) 15 chicken coops with an area of 328 square meters;

3) six staff dormitories with an area of 128 square meters and eight warehouses with an area
of 261 square meters;

4) over 200 drainage and irrigation pipes; and

5) one YTO-200t tractor, two small rotary cultivator and one Polarsun van.EX-4.5

EXHIBIT 4.5

AGENCY AGREEMENT

RELATING TO

PURCHASE OF AN A-SI THIN FILM SOLAR PANNELS PRODUCTION LINE

(Translation Version)

This AGREEMENT made as of December 15, 2009 in Shenzhen, Guangdong Province, China, by and between:

CHINA TECHNOLOGY DEVELOPMENT GROUP CORPORATION (hereinafter referred to as “Party A”), a company
incorporated under the laws of the British Virgin Islands, with its registered office at P.O. Box
71, Craigmuir Chambers, Road Town, Tortola, British Virgin Island; and

CHINA BIOTECH HOLDINGS LIMITED (hereinafter referred to as “Party B”), a company incorporated under
the laws of British Virgin Islands, with its registered office at Trident Chambers, P.O. Box 146,
Road Town, Tortola, British Virgin Islands

Party A and Party B shall hereinafter be referred to individually as a “Party” and collectively as
the “Parties”

WHEREAS:-

	1	 	The core business of Party A is to manufacture, research, design solar energy products, and
provide solutions in China. It plans to invest in the large-scale on-grid solar power station
in Qinghai Province. Party A intends to purchase one a-Si thin film solar panels production
line to manufacture solar panels, in order to supply such solar panels to the solar power
station.

	2	 	Party B has established a good relationship with Opto-electrical Research Centre of Nankai
University, PRC (hereinafter referred to as “Equipment Supplier”) which possess advanced
technology and solid experience in producing a-Si thin film solar panels production line.

In the context of bona fide negotiation, the Parties hereby mutually agree that Party A appoints
Party B as its agency to purchase one a-Si thin film solar panels production line from the
Equipment Supplier according to the terms and conditions set forth herein.

1. DEFINITIONS

	1.1.	 	Unless otherwise provided herein, the terms used in this Agreement shall have the meaning
ascribed to it in the following:
	 
	 	 	“Agreement Equipment” refers to all the components of the equipments of an a-Si thin film
solar panels production line,, including accessory equipment, spare parts, technical service
and technical training, whose particulars are set out in Appendix 1 “Equipments List” and
Appendix 2 “Inspection Standard”
	 
	 	 	“Agreement Product” means a-Si thin film solar panels to be manufactured by the Agreement
Equipment, whose quality index is set out in Appendix 2 “Inspection Standard”.
	 
	 	 	“Engineering Project” refers to the production line engineering project, including but not
limited to equipment assembling, installation and test run.
	 
	 	 	“Agreement Equipment Price” means the aggregate amount of production line payable by Party A
under this Agreement.
	 
	 	 	“Technical Service” refers to services in connection with assembling, installation, test
running, commissioning, performance testing, operation, repair and maintenance of the
Agreement Equipment.
	 
	 	 	“Technical Training” means the technical training, guidance and supervision in respect of
assembling, installation, test running, commissioning, performance testing, operation, repair
and maintenance of the Agreement Equipment.
	 
	 	 	“Equipment Purchase Agreement” refers to a formal purchase agreement to be signed by Party A
or Party B and the Equipment Supplier, with assistance of Party B by negotiating with the
Equipment Supplier on behalf of Party A.

2. APPOINTMENT

	2.1	 	Party A appoints Party B as an agency, and Party B accepts the appointment, to purchase an
a-Si thin film solar panels

 

 

	 	 	production line from the Equipment Supplier, including all necessary patent licensing and
professional technical know-how, technical service and technical training for the operation of
the purchased equipment.
	 
	2.2	 	The Parties agree that there will not be any fee charged for the appointment. However, Party
A shall reimburse to Party B the expenses incurred, including but not limited to business
traveling, telephone bill, fax bill and so on, provided such expenses have been approved in
writing by Party A.
	 
	2.3	 	Party B shall use its best efforts to assist Party A in transportation, loading and
unloading, installation, delivery and inspection of the Agreement Equipment in accordance with
the Equipment Purchase Agreement.
	 
	2.4	 	Party B shall assist Party A in making any claims for compensation against the Equipment
Supplier, if the Equipment Supplier breaches the Equipment Purchase Agreement.
	 
	2.5	 	Party B shall use its best efforts to sign the formal Equipment Purchase Agreement with the
Equipment Supplier as soon as possible or cause the Equipment Supplier to sign the Equipment
Purchase Agreement directly with Party A to determine the purchasing details and terms.

3 PRICE OF THE AGREEMENT EQUIPMENT

	3.1	 	The Parties agree that the Price for the Agreement Equipment shall be US$6,000,000,
including accessory equipment, spare parts, Technical Service and Technical Training,
excluding tax payment (hereinafter referred to as “Agreement Equipment Price”).
	 
	3.2	 	The Parties agree that the Agreement Equipment Price shall be paid in the following
ways:

	 	a)	 	Party A shall pay a deposit of US$1,000,000 to Party B within ten (10)
working days after the Agreement is signed, and Party B shall order the Agreement
Equipment from the Equipment Supplier.
	 
	 	b)	 	Party B promises to cause the Equipment Supplier to deliver and complete
the installation of the Agreement Equipment (in accordance with Appendix 1) to the
place in People’s Republic of China designated by Party A within six (6) months after
the Agreement is signed. After the inspection checks, Party A shall pay Party B the
first installment of Agreement Equipment Price in amount of US$3,000,000.
	 
	 	c)	 	Party B promises to cause the Equipment Supplier to consummate the
installation and test running procedure to satisfy the technology index and capacity
target (in accordance with Appendix 2) within nine (9) months after the Agreement is
signed. After the inspection checks, Party A shall pay Party B the second installment
of Agreement Equipment Price in amount of US$1,500,000.
	 
	 	d)	 	If there is no serious defects in operation during the eighteen (18) months
after the Agreement is signed, Party A shall pay Party B the remaining US$500,000.

4 DELIVER, CONSTRUCTION AND INSPECTION CHECKS

	4.1	 	Delivery Date: the Parties agree that the Agreement Equipment shall be delivered to
the place designated by Party A in People’s Republic of China within the 6 months after
the Agreement is signed and Party B shall bear the transportation cost.
	 
	4.2	 	Place of Delivery: Party B shall deliver the Agreement Equipment to the place
designated by Party A, which is China Merchants Zhangzhou Development Zone Trendar Solar
Tech Ltd (hereinafter referred to as “Trendar”).
	 
	4.3	 	Equipment Installation: Party B shall be responsible for arranging the Equipment
Supplier to send qualified engineering technicians to Trendar to install and test the
Agreement Equipment within the two working days upon the delivery of the Agreement
Equipment. Any cost incurred in connection with the installation, including but not
limited to raw material cost, material cost, transportation cost, and board and lodging
cost shall be borne by Party B. After the installation is completed, Party B should obtain
a written approval from Party A, to start the Test Running.
	 
	4.4	 	Test Running: Party B shall be responsible for arranging the Equipment Provider to
complete the equipment installation and Test Running to satisfy and meet the standard as
set out in Appendix 2 within three (3) months upon the delivery of the Agreement
Equipment. In addition, Party B shall be responsible for arranging Equipment Supplier to
provide any Technical Service or Technical Training that Party A needs.
	 
	4.5	 	Inspection Checks: When Test Running is completed, Party A shall inspect the
Agreement Equipment in accordance with the standard set out in Appendix 2. When inspection
check is completed, Party A shall sign and affix the company seal on the inspection report
for Party B.

 

 

	4.6	 	Party B shall be responsible for or cause the Equipment Supplier to be responsible
for the transportation, loading and unloading, installation, delivery and test run of the
Agreement Equipment. Party A takes no responsibility for the above matters.
	 
	4.7	 	If Party A finds that any of the specifications, models, functions, qualities,
quantities, manufacturers or exterior appearances of the Agreement Equipment is not
consistent with this Agreement in the process of Inspection, Party A shall have the right
to refuse to accept the Agreement Equipment and hold Party B liable for breach of
contract, unless the changes on the specifications, models, functions, qualities,
quantities, manufacturers or exterior appearances of the Agreement Equipment have been
agreed upon by both Parties in writing.
	 
	4.8	 	If Party B fails to deliver the Agreement Equipment during the period of time
specified on this Agreement, Party B shall pay Party A an overdue fine at 1‰ of the
Agreement Equipment Price on a daily basis from the date immediately following the
expiration of the delivery period of time specified in this Agreement, with a maximum
amount of no more than USD $250,000. Party B shall also compensate Party A for any losses
and cost caused by the late delivery. If the time delay exceeds thirty (30) working days,
Party A shall have the right to terminate this Agreement. Apart from compensating Part A
the losses as specified above, Party B shall refund the deposit paid by Party A as well.
	 
	4.9	 	If the inspection report issued by Party A indicates that the Agreement Equipment
fails to meet the quality standard set out and specified in Appendix 2, Party A shall have
the right to terminate the Agreement. Party B shall refund the Agreement Equipment Price
that Party A has paid.

5 REPAIR AND QUALITY INSURANCE

	5.1	 	Party B shall cause the Equipment Supplier to promise and guarantee that the warranty
period shall be one (1) year and the life time of the Agreement Equipment shall be ten
(10) years commencing on the date of acceptance after inspections satisfactory to Party A.
	 
	5.2	 	Party B shall turn in the certificate of production, product warranty and any other
related product certification when Party B hands over the Agreement Equipment to Party A.
	 
	5.3	 	In case the Agreement Equipment is found to be defective in quality, which causes any
losses to Party A and/or any third party, Party B shall be liable for the compensation.

6 CLAIM RIGHTS

	6.1	 	If Party B fails to provide the Agreement Equipment in accordance with the Agreement
or there are serious defects existing in the Agreement Equipment which causes losses to
Party A, Party A shall have the right to file claims for the compensation against Party B.
With the approval from Party A, Party B shall compensate Party A on its losses through one
or several remedies as follows:

	 	6.1.1	 	Party B shall agree to get the Agreement Equipment back and fully return
the Agreement Equipment Price to Party A. Party B shall also undertake all the cost
caused.
	 
	 	6.1.2	 	Party B shall reduce the price of the Agreement Equipment in accordance
with the degree of inferiority, extent of damage of the Agreement Equipment and the
amount of losses suffered by Party A. Besides, Party B shall return the balance that
Party A has already paid.
	 
	 	6.1.3	 	Party B shall, at its own costs and expenses, replace the defective
Agreement Equipment with a new one, in which the new replacing equipment shall meet
the specification, quality and function specified in this Agreement and its Appendix.
Party B shall also bear all the losses and payment caused respectively. Besides,
Party B shall guarantee the quality of the new replacing equipment.

7 REPRESENTATIONS AND WARRANTIES

	7.1	 	Unless otherwise provided herein, Party B represents and warrants that:

	 	7.1.1	 	Party B has full power, authority and legal rights to sign, execute and
deliver this Agreement and the full capacity to perform all of the obligations
hereunder;
	 
	 	7.1.2	 	Party B possesses the reputable business credit and the Agreement
Equipment is free from any claim of ownership, mortgage, lien, encumbrance or any
other judicial arbitration process;
	 
	 	7.1.3	 	The execution of this Agreement and its performance of its obligations
shall not violate any judgment, ruling, regulations or laws binding on Party B; and

 

 

	 	7.1.4	 	The execution of this Agreement, the Agreement Equipment and its
components shall not be in conflict with any judgment, ruling, or other legal
obligations to any third party, including but not limited to intellectual property
rights.

	7.2	 	Unless otherwise provided herein, Party A represents and warrants that:

	 	7.2.1	 	Party A has full power, authority and legal rights to sign, execute and
deliver this Agreement and the full capacity to perform all of the obligations
hereunder; and
	 
	 	7.2.2	 	The execution of this Agreement and its performance of its obligations
shall not violate any judgment, ruling, regulations or laws binding on Party A.

	7.3	 	If any Party breaches any of the representations or warranties given by it, it shall
indemnify the other Party against any losses, damages, costs, expenses, liabilities and
claims that such Party may suffer as a result of such breach and the non-defaulting Party
shall have the right to terminate this Agreement by a written notice.

8 CONFIDENTIALITY

	8.1	 	Either Party is obliged to take proper measures and appropriate actions to keep
confidential of the other Party’s business information which are obtained in the execution
of this Agreement, including but not limited to the business secrets, proprietary
technology, invention, fabrication technology, code, graph, design, specification, cost,
price, orders, shipment notice, sales and marketing plan, staff information and client
information. Without a written approval from the other Party, no Party is allowed to
disclose this Agreement, or any related part of this Agreement, or any related information
that is acquired in connection with this Agreement, and/or any business secrets of the
other Party obtained through the execution of this Agreement, to any third party and or
the public.

9 FORCE MAJEURE

	9.1	 	In case Party B fails or delays to deliver the Agreement Equipment due to the event
of Force Majeure, such as severe fire, flood, typhoon, earthquake and any other events
that both Parties agree, Party B can be released, totally or partially, from its
liabilities, depending on the severance of the Force Majeure, provided that Party B shall
have immediately notified Party A of the occurrence of such an event by fax or telegram
and have submitted to Party A relevant proof for occurrence of such an event and shall
take all necessary actions to accelerate delivery of the Agreement Equipment.
	 
	9.2	 	In case the effect of any Force Majeure lasts for more than 30 days, Party A shall
have the right to terminate the Agreement by a written notice to Party B. Party B should
return the Agreement Equipment Price that Party A has paid.

10 NOTICE

	10.1	 	Unless otherwise provided herein, all the notices, requirements, agreements or other
correspondence should be in form of writing by sending email or faxing to the address
specified on the signature page of this Agreement.

11 EFFECTIVENESS

	11.1	 	The Agreement shall come into force on the same day when the authorized
representative of each Party executes this Agreement and affixes the company seal of the
respective Parties. During the term of this Agreement, neither Party shall modify or
terminate this Agreement, unless the Parties mutually agree.

12 MISCELLANEOUS

	12.1	 	This Agreement is governed by the laws of Hong Kong. Any dispute caused by or in
connection with this Agreement, both Parties shall seek consultation with each other in a
friendly manner. If the Parties fail to reach an agreement, each Party hereby submits to
the jurisdiction of Hong Kong courts.
	 
	12.2	 	For the matters which are not set forth herein, the Parties shall consult each other
and sign a written complementary agreement which shall have the same legal binding effect
as this Agreement itself.

 

 

	12.3	 	No assignment of any rights or obligations under this Agreement shall be made by
either Party without mutual prior written consent of both Parties.
	 
	12.4	 	This Agreement is made in Chinese in two (2) counterparts which have the same legal
force and each Party keeps one (1) copy.

Party A: China Technology Development Group Corporation

Authorized Representative:                                         

Name: Alan Li

Title: Chairman & Chief Executive Officer

Address: Unit 1903, 19/F, West Tower, Shun Tak Centre, 168-200 Connaught Road Central, HK

Fax No. +852 3112 8410

Party B: China Biotech Holdings Limited

Authorized Representative:                                         

Name: LU Zhenwei

Title: Director

Address: 5/F, B&H Plaza, 27 Industry Ave, Shekou, Shenzhen, China

Fax No. +86 755 2689 2899

 

			
	*	 	This Agreement, as amended, has been terminated by the Parties since June 22, 2010 and Party
B has refunded the deposit in amount of US$1 million to Party A upon termination.

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