Document:

Exhibit 10.3
	 
	English translation for convenience purposes only

 

SPD BANK

 

Gold Lease Agreement

 

Lease Party: _Wuhan Branch of Shanghai
Pudong Development Bank Co., Ltd (hereinafter as Party A)

Leased Party: _Wuhan Kingold Jewelry
Co.,Ltd_____(hereinafter as Party B)

Whereas:

Party A and Party B signed the Gold Lease
Framwork Agreement (hereinafter as Framework Agreement) on the date of __Jan.__/ _1__ day _2013_, document No. GR2013001_.
In order to satisfy the demand of Party B for gold, Party A agrees to lease substantial gold to Party B, and Party B shall return
and pay lease expense on schedule. Meanwhile, in order to abide by the credit and to define both Parties’ rights and duties,
the Gold Lease Trading Agreement is hereby friendly negotiated and signed.

Here the “substantial gold”,
“standard gold”, mentioned in the agreement mean the standard gold which can be transacted on the Shanghai Gold Exchange
(hereinafter as “Exchange”).

 

    	 

    	 

    

 

	 
	English translation for convenience purposes only

 

1. Contract object: Party A agrees to lease
320 kg standard gold with the percentage of gold as_Au99.99__, calculate with the settlement price of _327_ yuan/g
selected in the fifth article of this agreement, with the market price of_104.64 million_ RMB.

 

2. Cash deposit: Party B opens the
deposit account in bank of Party A (account name is _Pudong Development Bank other current cash deposit, Wuhan Kingold
Jewelry Co., Ltd___, account number
is_                                      __.)
Party B’s guarantee of pledge for Party A’s lease gold shall be the agreed deposit which is calculated by the
settlement of “credit line + cash deposit =weight of leased gold × settlement price × 106% + lease
expense” in the Framework Agreement, among which the percentage of cash deposit in the sum of cash deposit and credit
line shall be _8___%, namely, 9.387 million Yuan. Party B hereby confirms that the agreed cash deposit and the
interests generated since the date of deposit in the account shall be the guarantee of pledge. Party A has the right to
possess and frozen the guarantee of pledge and agrees no otherwise signed guarantee file on it. Party B authorizes that Party
A shall deduct the deposit and interests directly from the account if party B will be unable to return the leased property
(or commensurate amount) and /or lease expense in full and on time.

 

3. Lease term: _12__months, total 364_days,
from 2013/2/22 until 2014/2/21.

 

    	 

    	 

    

 

	 
	English translation for convenience purposes only

 

The expiring date shall be postponed to
the first transaction day after the expiring day if not the normal business day of transaction and correspondingly, and the date
of interest accrual shall be postponed.

 

4. Lease rate: ___6__% per year.

 

5. Settlement price(select one from the
followings with “√”,others with “×”)

1. With closing
price of gold ____ yuan/g transacted on the business day before the day of contract

√2. With
the agreed settlement price _327___ yuan/g

 

6. Settlement of lease expense
(select one from the followings with “√”,others with “×”)

According to the articles in this agreement,

1.Lease expense
shall be paid in full when Party B gains the leased gold.

√2.Party
B shall pay the lease expense of previous term on 20th (date for payment) of the last month of each quarter (in March,
June, September, December), if the legal holiday, the payment shall be postponed to the next business day. When the lease is expired,
correspondingly, the lease expense shall be paid off.

 

    	 

    	 

    

 

	 
	English translation for convenience purposes only

 

3.Lease expense
shall be paid in full when Party B returns the gold.

 

Party B authorizes Party A to direct deduct
lease expense from the account opened in Party A, with the account No._                                                 ___

 

7. Calculation of lease expense:

Lease expense = weight of gold
× lease rate/360×lease days×settlement price

When Paid quarterly, the actual lease
days shall be: the first actual lease days shall be counted from the day (include the day) when gold lease business begins
until the first day (exclude the day) of payment; the last actual lease days shall be counted from the previous day (include
the day) of payment until the day (exclude the day) of return the gold: the other actual lease expense days shall be counted
from the previous day of payment until the next one (exclude the day).

 

8. This agreement is applied for all laws
in China (as this agreement purpose, exclude the laws in Hong Kong and Macao special administrative regions and the area of Taiwan
and in accordance with the interpretation. In the execution of this agreement, any disputes shall be solved by both parties’
negotiation. When it failed, the disputes shall be resort to the people court located in Party B.

 

    	 

    	 

    

 

	 
	English translation for convenience purposes only

 

9. This agreement is the part of framework
agreement, the articles in this agreement shall prevail if any clarification.

 

10. This agreement takes effect after signing
and sealing by the legal representative or authorized agent of Party B and the legal representative/director or authorized agent
of Party A and affixed the special seal for contract. The attachment is the part of this agreement.

 

11. This agreement is signed in two copies
and each party holds one copy with the equal effect.

 

    	 

    	 

    

 

	 
	English translation for convenience purposes only

 

This agreement is signed by the following
parties. Both parties claim that when signing the agreement, all the provisions included in this agreement are negotiated without
any disputes and they also have correct understanding of clauses on both parties’ rights and duties, restriction
and termination of duties.

 

    	 

    	 

    

 

	 
	English translation for convenience purposes only

 

	Party A (seal or special seal for contract)	Party B (seal or reserved signature) 
	Legal representative/director or agent	Legal representative
	(Signature or seal)	(Signature or seal)
	Chen, Hai Nin	Jia, Zhihong
	 	 
	Residence:	Principle business address
	Code of Shanghai Gold Exchange	Code of Shanghai Gold Exchange
	Postal code:	Postal code:
	Telephone:	Telephone:
	Fax. :	Fax.:
	E-mail:	E-mail:
	Contact person:	Contact person:
	Signature date: 2013/2/22	Signature date: 2013/2/22JAMBA, INC.

NON-EMPLOYEE DIRECTOR COMPENSATION
POLICY 

 

This sets forth the Non-employee Director
Compensation Policy (the “Policy”) of Jamba, Inc. (the “Company”), as adopted by the Compensation
and Executive Development Committee (the “Compensation Committee”) of the Board of Directors of the Company
(the “Board”), which shall remain in effect until amended, replaced or rescinded by further action of the Compensation
Committee or the Board. The cash compensation and restricted stock unit grants described in this Policy
shall be paid or be made, as applicable, automatically and without further action of the Board, to each member of the Board who
is not an employee of the Company or any subsidiary (each, an “Eligible Director”) who may be eligible to receive
such cash and equity compensation. Members of the Company’s Board shall not be entitled to receive any other compensation
for service on the Board.

 

		1.	Cash Compensation. 
	 	 	 

Payment Amount. Each Eligible
Director serving as a member of the Board at the beginning of the Company’s fiscal year shall be eligible to receive an annual
retainer of $60,000 for service on the Board. In addition, an Eligible Director serving at the beginning of the Company’s
fiscal year as:

 

		·	Chairman of the Board shall be eligible to receive an additional annual retainer of $40,000 for such service.
	 	 	 

		·	Lead Director shall be eligible to receive an additional annual retainer of $20,000 for such service.
	 	 	 

		·	Chairman of the Audit Committee shall be eligible to receive an additional annual retainer of $20,000 for such service.
	 	 	 

		·	Chairman of the Compensation and Executive Development Committee shall be eligible to receive an additional annual retainer
of $10,000 for such service.
	 	 	 

		·	Chairman of the Nominating and Corporate Governance Committee shall be eligible to receive an additional annual retainer of
$10,000 for such service.
	 	 	 

		·	Chairman of the ad hoc Finance Committee (to the extent the Board continues such Committee after the 2010 Annual Stockholders’
Meeting) shall be eligible to receive an additional annual retainer of $10,000 for such service.
	 	 	 

Payment Schedule and
Vesting. The annual retainers for service on the Board and as chairman of committees of the Board as set forth above shall
be paid by the Company in quarterly installments as soon as practicable after the end of each of the Company’s fiscal quarters
for which the Eligible Director shall have served. If any Eligible Director holds office as a director of the Board for
less than a full Company fiscal year, the Eligible Director’s shall only be entitled to the portion of the annual retainer
payable through the end of the last full fiscal quarter for which the Eligible Director shall have served.

    	 

    	 	

    
 

New Directors. In the event a new
Eligible Director is elected or appointed to the Board, such Eligible Director shall be eligible to receive as compensation
for service as a member of the Board or as chairman of committees of the Board as set forth above
a pro-rated amount of their applicable annual retainer as measured from the date of appointment or election through the
beginning of the Company’s fiscal year, payable by the Company in quarterly installments as soon as practicable after
the end of each of the Company’s full fiscal quarters for which the Eligible Director shall have served. Board
members have an option prior to the Annual Stockholders’ Meeting to elect to take a stock grant of shares of Common
Stock in lieu of one-half (1/2) the cash portion of their Non-Employee Board Member compensation (i.e., $30,000). The number
of shares of Common Stock to be granted under the Company’s 2006 Stock Employee, Director and Consultant Plan or any
successor equity plan (the “Stock Plan”) will be issued over a one-year period in four equal installments,
subject to the director’s continued service on the Board of Directors. The number of shares will be determined and
issued on the “Grant Date” (as defined in the Stock Plan) by dividing $7,500 by the “Fair Market
Value” of the Common Stock (as defined in the Stock Plan) on the Grant Date. This equity grant is in addition to the
non-employee Board member annual equity grant.

 

		2.	Equity Compensation. 
	 	 	 

Grant Amount. Eligible Directors who are elected
by the Company’s stockholders to serve as a director of the Company at the Company’s Annual Stockholders Meeting shall
be entitled to receive from the Company an annual grant of equity-based compensation consisting of 20,000 restricted stock units
(“RSUs”) under the Stock Plan (subject to appropriate adjustment in the event of any stock dividend, stock split, combination
or other similar recapitalization with respect to the Common Stock of the Company occurring after February 26, 2013). Each year
the Compensation Committee or the Board shall discuss and review the appropriateness of the annual amount of equity to be granted
and make any adjustments to the amount to be granted as they may deem appropriate, utilizing the same valuation methodologies under
Generally Accepted Accounting Principles as utilized in assessing the Company’s other equity compensation to its management
team members.

 

Grant Date and Vesting. The Company shall
issue the RSUs to Eligible Directors on the date of the Company’s Annual Stockholder Meeting each year. The RSUs shall vest
over a one year period in four equal installments, with 25% vesting on each three month period following the Company’s Annual
Stockholder Meeting, subject to the Eligible Director’s continued Board service; provided, however, that if the Company’s
Annual Stockholder Meeting for the following year occurs prior to the end of the one year period, the RSUs for such Eligible Directors
who serve until such Annual Stockholder Meeting shall become completed vested upon such Annual Stockholder Meeting.

 

New Directors. In the event a new Eligible
Director is elected or appointed to the Board on a date other than the Company’s Annual Stockholder Meeting, the Compensation
Committee or the Board shall have authority to determine, at its sole discretion, such Eligible Director’s eligibility to
receive any pro-rated amounts of any annual RSU grant.

 

    	 

    	 	

    
 

		3.	Expense Reimbursement. All Eligible Directors shall be entitled to reimbursement from the Company for their reasonable
travel (including airfare and ground transportation) to and from meetings of the Board, and reasonable lodging and meal expenses
incident thereto. The Company shall make reimbursement to an Eligible Director within a reasonable amount of time following submission
by the Eligible Director of reasonable written substantiation for the expenses.

 

 

Adopted November 26, 2006

Last Revised February 26, 2013

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