Document:

Supply Agreement

 Exhibit 10.10 
 **** INDICATES CONFIDENTIAL MATERIAL OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED WITH THE SECURITIES AND EXCHANGE COMMISSION SEPARATELY WITH A REQUEST FOR CONFIDENTIAL TREATMENT.

 SUPPLY AGREEMENT 
 This Supply Agreement (the “Agreement”) is made this November 27, 2008 by and between: 
 PARTIES: 
 Jiangxi Jinko Energy Co., Ltd., a limited liability company organized and existing under the laws of the People’s Republic of
China (“PRC”), with its registered office at JinKo Road , Xuri District, Shangrao Economic Development Zone, P.R.China duly represented by Mr. Chen Kangping, its chief executive officer and general manager (hereinafter referred
to as the “Supplier”); and 
 Solland Solar Cells B.V., a company organized and existing under the laws of the
Netherlands, with its registered office at 6422 RL Heerlen, Bohr 10 – Avantis, The Netherlands, duly represented by Mr. Jac. Hanssen, chief executive officer and Mr. Jan Willem Hendriks, chief commerce officer (hereinafter referred to
as the “Buyer”); 
 hereinafter together referred to as the “Parties” and individually as a
“Party”. 
 WHEREAS: 
 The Supplier is a manufacturer and vendor of monocrystalline and multicrystalline silicon wafers used in solar power systems, with its production facilities located in Jiangxi Province, PRC; 
 The Buyer is a manufacturer of semi-crystalline silicon, mono-crystalline silicon and special solar cells; 
 The Buyer wishes to purchase certain Products (as hereinafter defined) from the Supplier; 
 The Supplier is willing to sell and supply the Products to the Buyer and the Buyer is willing to purchase and procure such Products from the Supplier; and 
 The Parties now wish to set out in this Agreement the terms and conditions under which the Supplier shall sell and supply the Products to the Buyer, and
under which the Buyer shall purchase and procure the Products from the Supplier; 
  

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 NOW, THEREFORE, in consideration of the premises and for other good and valuable consideration, the Parties
hereto hereby agree as follows: 
  

	1.	DEFINITIONS 

 “Advance Payment”
has the meaning set out in Section 4.6. 
 “Affiliate” means, with respect to any Party, any Person that Controls or is
Controlled by such Party or is, together with such Party, is under common Control by another Person. 
 “Agreement” means this Supply
Agreement, including all Appendices and Exhibits hereto, as it may be amended, modified or supplemented from time to time in accordance with its terms. 
 “Business Day” means every Monday, Tuesday, Wednesday, Thursday and Friday other than those days on which banks in The Netherlands and/or PRC are authorized or required by law to remain closed
for business. 
 “Commission” has the meaning set out in Section 12.7. 
 “Confidential Information” means any trade secret, know-how and other confidential or proprietary information (including formulations, designs and
other intellectual property rights) provided to the Supplier by or on behalf of the Buyer or provided to the Buyer by or on behalf of the Supplier in any form whatsoever and all data derived directly or indirectly from such information received from
the respective other Party under this Agreement. 
 “Contract Amount” means ****, as the same may be amended pursuant to
Section 2.2 hereof. 
 “Contract Period” means the period of thirteen (13) months from December 1, 2008 through
December 31, 2009. 
 “Contract Volume” has the meaning set out in Section 2.1 hereof. 
 “Control” (including, with correlative meanings, the terms “Controlled by” and “under common Control with”), as used with
respect to any Person, means the power to direct or cause the direction of the management or policies of the Person, through the direct or indirect ownership of more than 50% of the voting interests or securities of such Person, by contract or
otherwise. 
 “Delivery Date” has the meaning set out in Section 2.3 hereof. 
 “Delivery Schedule” means the schedule specifying the amount of Products to be purchased by the Buyer and delivered by the Supplier, and the dates
of such purchase and delivery, pursuant to Purchase Orders submitted and confirmed as set out herein, covering the Contract Period, which Delivery Schedule is attached hereto as Appendix D and forms an integral part of this Agreement.

  

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

  

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 “Incoterms 2000” means Incoterms 2000 adopted by the International Chamber of Commerce effective
January 1, 2000, including all amendments thereof. 
 “Person” means any individual or entity, including without limitation any
corporation, limited liability company, partnership, limited partnership, joint venture, association, trust or sole proprietorship or other entity whatsoever. 
 “Products” means multicrystalline silicon wafers or any other product falling under the scope of this Agreement produced and / or delivered by the Supplier meeting the Specifications.

 “Purchase Order” means the written orders placed by the Buyer and confirmed by the Supplier under this Agreement, substantially in
the form attached hereto as Appendix C, which forms an integral part of this Agreement, together with any annex, addition or modification thereto as the Parties may agree from time to time. 
 “RMA Procedure” means the Rejected Material Administration procedure as described in Appendix F, which forms an integral part of this
Agreement. 
 “Shipment” means a delivery of Products under this Agreement. 
 “Specifications” means the technical and functional specifications for the Products as set out in Appendix A of this Agreement, which forms
an integral part of this Agreement. 
 “US dollars” and “USD” mean United States dollars. 
 “Warranty Period” has the meaning set out in Section 7.2. 
  

	2.	SUPPLY OF PRODUCTS 

  

	2.1	Subject to the terms and conditions of this Agreement, the Supplier agrees to sell and deliver to the Buyer, and the Buyer agrees to purchase from the Supplier a total
volume of **** pieces of the Products (as may be adjusted pursuant to Section 2.2 below, the “Contract Volume”) during the Contract Period. The dates and volumes for such purchases and deliveries are set out in the Delivery
Schedule, subject to adjustments pursuant to Section 2.2 and 2.3(c) below; provided, however, that no such adjustment shall affect the obligation of the Supplier to sell and deliver, or the obligation of the Buyer to purchase, not less
than the Contract Volume during the Contract Period. 

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

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	2.2	Notwithstanding Section 2.1, the Parties agree that any mutually agreed change in the Specifications during the Contract Period decreasing the volume of
silicon feedstock and / or raw materials incorporated in the Products shall result in a proportional increase in the number of pieces of Products to be supplied hereunder during the balance of the Contract Period after such agreed change takes
effect. In such event, the Supplier agrees to sell and deliver such increased number of pieces of Products, and the Buyer agrees to purchase such increased number of pieces of Products, subject to the mutual agreement of the Parties regarding the
relevant amendments to the terms and conditions of this Agreement. In the event of such an agreed change, the Contract Volume, the Contract Amount and the Delivery Schedule shall be amended accordingly. 

  

	2.3	(a) The Buyer shall issue a written monthly Purchase Order to the Supplier by e-mail, facsimile or internationally recognized express courier service **** Business Day
delivery on at least a monthly basis for receipt by the Supplier. All such Purchase Orders shall be subject to the terms and conditions set forth in this Agreement. The Purchase Order shall set out the number of pieces of Products ordered and the
delivery date of the Shipment (the “Delivery Date”). At all times during the Contract Period, the Buyer shall have provided to the Supplier binding Purchase Orders for Shipments of Products for at least the next **** days.

  

	 	(b)	The Supplier shall, within **** Business Days after it receives such Purchase Order, respond with a written confirmation of such Purchase Order, provided that the
number of ordered Products conforms to the Delivery Schedule and the Purchase Order is received by the Supplier not less than **** days prior to the proposed Delivery Date. The confirmation shall reference the applicable Purchase Order. Upon receipt
of payments pursuant to Section 4.4 and issuance of such confirmation, the Supplier shall be bound by the Purchase Order and confirmation to deliver the ordered Products in accordance with the relevant Purchase Order. To the extent that there
is any conflict among the terms and conditions of this Agreement, any Purchase Order or any confirmation thereof, the terms of this Agreement shall prevail. 

  

	 	(c)	Notwithstanding paragraph (b) of this Section 2.3, on **** days prior written notice, the Buyer shall have the right to modify the number of Products
to be delivered in any month set out in the Delivery Schedule so long as the following conditions are met: 

  

	 	(i)	any increase shall not exceed **** of the originally scheduled delivery; 

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

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	 	(ii)	in the event that any decrease exceeds **** of the originally scheduled delivery, the next subsequent delivery shall be increased by the number of Products equal to
such decrease; and 

  

	 	(iii)	together with such written notice, the Buyer shall deliver to the Supplier a revised Delivery Schedule for the balance of the Contract Period showing the proposed
Delivery Dates and adjusted volumes of Products to be purchased on each such Delivery Date, the sum of which adjusted volumes shall equal the remaining Contract Volume. 

 Nothing in this Section 2.3(c) shall affect the obligation of the Buyer to purchase or the obligation of the Supplier to sell and deliver the Contract Volume. 
  

	2.4	The time stipulated for delivery of the Products shall be of the essence. The Parties shall cooperate with each other to ensure the timely delivery of the Products,
including timely issuance of Purchase Orders and confirmations, timely shipment of Products and payment of invoices. A Party shall provide prompt notice in writing to the other Party if any delay in the delivery of the Products is foreseen by the
first Party, and the affected Party shall submit its proposal indicating the measures it shall take at its own account to make good the delay in order to maintain the agreed upon Delivery Date. 

  

	2.5	Without prejudice to any other rights and remedies the Buyer may have under this Agreement or under applicable law, and provided that the Supplier has not notified the
Buyer in writing pursuant to Section 2.4 at least one month in advance of any delay in a Shipment attributable to the breach by the Supplier, the price of the Products for the relevant Shipment shall be reduced by **** for
every week from the stipulated Delivery Date or part thereof, that a Shipment is delayed; provided however that any price reduction under this Section 2.5 shall never exceed an amount of **** of the price of the relevant
Shipment. 

  

	2.6	Without prejudice to any other rights and remedies the Supplier may have under this Agreement or under applicable law, and provided that the Buyer has not notified the
Supplier in writing pursuant to Section 2.4 at least one month in advance of any delay in a Shipment attributable to the breach by the Buyer, the price of the Products for the relevant Shipment shall be increased by ****
for every week from the stipulated Delivery Date or part thereof, that a Shipment is delayed; provided however that any price increase under this Section 2.6 shall never exceed an amount of **** of the price of the relevant
Shipment and, in case of a delay of **** weeks of the Shipment, the Supplier may cancel the Shipment without prejudice to any of its rights and remedies under this Agreement. 

  

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

  

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	3.	PRODUCT PRICING 

  

	3.1	For the supply of Products under this Agreement, the Buyer shall pay the prices in US dollars as specified in Appendix B, FOB Shanghai, as per Incoterms 2000.

  

	3.2	The Supplier shall be responsible for all taxes, fees and other charges levied by PRC authorities for exportation of the Products and the costs of certificate of origin
for the Products. The Buyer shall be responsible for all taxes, fees and other charges levied by any authorities for importation or transit of the Products and the costs of transportation from the point of the Supplier’s delivery in Shanghai
(including loading of the Products to the carriers designated by the Buyer). 

  

	4.	DELIVERY, PAYMENT AND ADVANCE PAYMENT 

  

	4.1	The Products shall be delivered to the Buyer in Shanghai, PRC, with adequate packing and labeling as specified in Appendix A. 

  

	4.2	The Buyer shall inform the Supplier by written notice the name and date of arrival of the vessel or other carrier designated for transportation of the Products at least
**** Business Days before the Delivery Date of each Shipment. The Supplier shall arrange for inland transportation of the Products to the designated carrier on or before the Delivery Date. 

  

	4.3	Prior to the Delivery Date the Supplier shall invoice the Buyer in US dollars for the price of the relevant Shipment. The invoices shall include the following
information: product code, number of the relevant Purchase Order, the Buyer’s article number and quantity, unit price in US dollars and total invoice amount. 

  

	4.4	The Buyer agrees to make payment in full of all invoices by telegraphic transfer of US dollars in immediately available funds to the Supplier’s account specified
in writing on the first Business Day of each month for the Shipments to be delivered during that month in accordance with the Supplier’s invoice. If Buyer fails to fulfil its payment obligation on the aforementioned date, Buyer shall be in
default of this Agreement after receipt of a written notice thereof sent by Supplier. In the event that Buyer fails to pay the remaining outstanding amount within **** days after such receipt of written notice, the Supplier shall have the right to
assess the Buyer a late payment charge of **** for every week, or part thereof, of delay in payment for any invoice. In addition, the Supplier shall have the right to deduct the amount of any overdue payment (including any late payment charge) from
the amount of the Advance Payment, and to require the Buyer to replenish the Advance Payment. In the event that the Buyer disputes any item on an invoice, the Buyer shall pay the entire amount of the invoice within the time referred to above and
then resolve such dispute pursuant to Article 16. 

  

	4.5	Subject to the terms and conditions of this Agreement and absent a material breach by the Supplier, the Buyer shall be obligated to pay for the full Contract Volume,
regardless of whether or not the Buyer has placed Purchase Orders for the entire Contract Volume. 

  

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

  

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	4.6	Within **** days of the date of this Agreement, the Buyer shall make an advance payment in the amount of **** (the “Advance Payment”) in immediately
available funds to an account designated by the Supplier for this purpose. The Advance Payment shall be applied by the Supplier as a credit against the amounts payable under this Agreement , including without limitation under Section 4.5 and
the relevant invoices for the Products that Supplier delivers in the last Shipment under the Agreement. 

  

	4.7	The Buyer covenants and agrees with the Supplier that, except as set out in Section 15.3, there are no circumstances or occurrences that will require the Supplier
to refund all or any part of the Advance Payment. 

  

	4.9	Payment does not constitute acceptance of the Products as being in compliance with the requirements of this Agreement and any Purchase Order. 

 

	5.	RISK AND OWNERSHIP 

  

	5.1	The title to, and risk of loss relating to, the Products shall pass from the Supplier to the Buyer at the time of delivery of the Products FOB Shanghai according
to Incoterms 2000. 

  

	5.2	The Supplier warrants that it will convey full and unencumbered title to and ownership of the Products at the time of delivery. 

  

	6.	TESTING, INSPECTION AND QUALITY ASSURANCE 

  

	6.	The Supplier shall provide the Buyer with a quality certificate for each Shipment of Products, demonstrating that the Products comply with the Specifications.

  

	6.2	The Supplier shall arrange for inspection of the Products and packaging for breakage and damage by the Buyer or its appointed agent at the point of delivery in
Shanghai. 

  

	6.3	Promptly upon receiving each Shipment, the Buyer shall conduct inspection and testing of the Products at its facilities to ensure compliance with the Specifications and
promptly notify the Supplier of the results of such inspection and testing. 

  

	6.4	In case of defective Products the Parties agree to comply with the RMA Procedure. 

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

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	6.5	The Supplier understands and agrees that the Buyer requires **** relating to the breakage of wafers during the Buyer’s production process. In the event that the
Buyer experiences wafer breakage of the Products supplied by the Supplier under this Agreement of ****, the Buyer will suspend usage of the Products supplied hereunder in its production process and consult with the Supplier in accordance with the
RMA Procedure. 

  

	7.	WARRANTY 

  

	7.1	Supplier warrants that the Products meet the Specifications and other requirements of this Agreement and any Purchase Order confirmed by Supplier hereunder on the
Delivery Date. Except as set forth in the preceding sentence, the supplier makes no other warranties or representations, express or implied, of fitness of the products for any particular use or otherwise, including without limitation, warranty of
merchantability and / or fitness for a particular purpose. 

  

	7.2	In the event that: 

  

	 	(i)	within a period of **** months from the Delivery Date; or 

  

	 	(ii)	within a period of **** months after the Products have been put into commercial operation following satisfactory completion of commissioning and testing (if any)

 whichever period expires first (such period, as it may be extended pursuant to Sections 7.5 and
7.6 below, the “Warranty Period”), a breach of the Supplier’s warranty under Section 7.1 arises, other than for reasons of normal wear and tear, abnormal storage or operating conditions and/or
disregard by the Buyer of the Supplier’s operating instructions, the Supplier shall forthwith take all necessary actions to remedy such defects at Supplier’s own expense. 
  

	7.3	If at any time during the Warranty Period the Buyer proposes to make a claim pursuant to this Article 7, the Buyer shall, promptly upon becoming aware of a
defect or alleged defect in the Products that causes such Products not to comply with the Specifications, provide notice of such defect or alleged defect to the Supplier, and shall give the Supplier an opportunity to inspect and remedy the defect.

  

	7.4	In the event of a breach of the Supplier’s warranty under Section 7.1 during the Warranty Period, 

  

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

  

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	 	(a)	the Supplier shall, at its own expense, correct, replace or repair, as the case may be, any defects in the Products that cause them not to comply with the
Specifications; provided, however, if the Products cannot be repaired to a condition in compliance with the Specifications, then the Supplier shall replace such Products; 

  

	 	(b)	the Buyer shall may choose either (i) to return to the Supplier, at the Supplier’s expense, the Products for repair or replacement, or (ii) authorize the
Supplier to effect repairs at the Buyer’s worksite(s); 

  

	 	(c)	transportation to the Buyer of any Products that have been repaired or any replacement Products shall be at the Supplier’s expense; 

  

	 	(d)	the Supplier shall be liable, upon receipt of satisfactory evidence proving such costs and expenses, for costs and expenses reasonably incurred by the Buyer including,
but not limited to, the costs of detection of the relevant defect, inspection, removal, transportation, repair, replacement, re-assembly, re-installation and retesting of the Products and clean up, arising from such breach of the Supplier’s
warranty; and 

  

	 	(e)	no such corrective action taken by the Supplier shall relieve the Supplier of its obligation as to the timely delivery of Products in accordance with this Agreement and
any Purchase Order issued and confirmed hereunder. 

  

	7.5	The Warranty Period shall be extended by (a) period(s) equal to the period(s) during which: 

  

	 	(i)	the Products have been out of operation due to a breach of the Supplier’s warranty under Section 7.1, or 

  

	 	(ii)	(ii) their putting into operation has been delayed as a result of a defect to which this warranty applies. 

  

	7.6	Fresh warranty periods equal to those specified in Section 7.3 shall apply in respect of the Products or any part or component thereof replaced by the
Supplier pursuant to this Section 7. 

  

	7.7	Upon the Buyer’s requests, the Supplier shall provide to the Buyer reports of the causes, and analysis of the defects and, to the extent required, propose
corrective actions to avoid similar defects to the Products in future deliveries. 

  

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	8.	LIMITATION OF LIABILITY 

  

	8.1	Unless explicitly stated otherwise in this Agreement, the Supplier’s total liability under this Agreement for any and all loss and damage arising out of any cause
whatsoever under any theory of contract, tort, strict liability or other legal or equitable theory, including under a breach of the Supplier’s warranty in Section 7.1 hereof, shall be limited to the Buyer’s actual direct
damages (including costs and expenses referred to in Section 7.4 (d)) hereunder. The Supplier shall not be liable for any personal injury or property damage connected with the handling, transportation, possession, processing, further
manufacture, other use or resale of the Products, whether used alone or in combination with any other material. 

  

	8.2	Unless expressly otherwise provided, the Supplier and the Buyer are not liable to each other for any consequential loss, special, incidental or punitive damages
suffered by them in connection with the performance of the Agreement. For the purpose of this Article consequential loss is understood to include without limitation: loss of profits, loss of use, loss of revenue, trading losses and loss as a result
of the business being at a standstill. 

  

	8.3	The limitations and exclusions of liability set forth in this Agreement shall not apply in the case of damage resulting from wilful default or gross negligence on the
part of any Party. 

  

	9.	FORCE MAJEURE 

  

	9.1	A Force Majeure occurrence shall mean any occurrence including, without limitation, Acts of God, war, riot, fire, explosion, accident, flood, sabotage, compliance with
government orders or requests, embargos, theft, which (i) hinders, delays or prevents a Party in performing any of its obligations under the Agreement, and (ii) is beyond the control of, and without the fault or negligence of, such Party,
and (iii) by the exercise of reasonable diligence such Party is unable to prevent or provide against. 

  

	9.2	In the event of a Force Majeure occurrence, the Party whose performance of any of its obligations under the Agreement is affected shall notify the other Party as soon
as is reasonably practicable giving the full relevant particulars and shall use its reasonable efforts to remedy the situation as soon as is possible. 

  

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	9.3	Except for any obligation to make payments, neither Party shall be responsible for any failure to fulfil any term or condition of the Agreement to the extent that
fulfilment has been hindered or delayed or prevented by a Force Majeure occurrence which has been notified to the other Party in accordance with this Article, and the time for performance of the obligation(s) affected shall be postponed for six(6)
months. 

  

	10.	INTELLECTUAL PROPERTY RIGHTS 

 The
Supplier warrants that the Products, the manner in which the Products are realized and the use of the Products will not infringe any patent rights, trademark rights, copyrights or other intellectual property rights belonging to third parties. The
Supplier shall indemnify and hold the Buyer harmless from any claims from third parties on account of any such infringement and from any costs, including litigation costs, incurred in connection with such claims provided that the Buyer shall obtain
Supplier’s prior written consent in taking any defensive action against such claims. 
  

	11.	LIAISON AND COMMUNICATION 

  

	11.1	During the term of this Agreement the Parties shall liaise so as to assure the Specifications of the Products and any related technical characteristics. In light
thereof the Parties shall convene at least every three (3) months in a place that is mutually agreed by Parties. The Parties shall specifically address problems of a technical nature, including electrical and mechanical properties as well as
mutual activities to improve wafer and cell performance. 

  

	11.2	All notices or other communications to be sent by either Party to the other Party under this Agreement shall be deemed to have been sufficiently given if in writing and
delivered by hand or sent by internationally recognized express courier, e-mail, or telefax, however e-mail and telefax to be confirmed by internationally recognized express courier, to the addresses given in Appendix E, provided that
either Party may at any time designate different or further addresses and contact-persons to which communications are thenceforth to be sent. The date of receipt of a notice or communication hereunder shall be deemed to be five (5) days after
such notice or communication is given to the express courier or one (1) day after sending in the case of a facsimile transmission or email, provided it is evidenced by a confirmation receipt and the confirmation letter is sent.

  

	12.	CONFIDENTIAL INFORMATION AND COPYRIGHT 

  

	12.1	The Buyer and Supplier undertake with each other that both during the currency of this Agreement and for a period of three (3) years immediately after its
termination or expiration the Buyer and Supplier will: 

  

	 	(a)	not disclose to any third party (other than to an Affiliate or professional advisers and financiers) any Confidential Information received from the other except with
the other’s prior written consent or as required by applicable law, in which latter case the Party which has to disclose the Confidential Information pursuant to the applicable law informs the other Party thereof prior to making such
disclosure; and 

  

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	 	(b)	not use any such Confidential Information other than for the purpose for which it has been disclosed by or on behalf of the other Party.

  

	12.2	The undertaking given in Section 12.1 shall apply and/or continue to apply insofar and for so long as the information in question:

  

	 	(a)	is not or has not become part of the public knowledge or literature without default on the part of the receiving Party; or 

  

	 	(b)	has not been disclosed to the receiving Party by a third party (other than one disclosing on behalf of the other Party) whose possession of such information is lawful
and who is under no confidentiality obligation with respect to the same; or 

  

	 	(c)	is not lawfully known by the receiving Party or its Affiliate without being bound by confidentiality obligation at the time of receipt hereunder.

  

	12.3	Upon termination of this Agreement each Party shall deliver to the other all copies in their respective possession of any Confidential Information supplied by, or on
behalf of the other. 

  

	12.4	The patent, copyright or other intellectual property rights in any Confidential Information supplied to Supplier by the Buyer under this Agreement shall, in the absence
of any express provision thereof, be vested in the Buyer, and the patent, copyright or other intellectual property rights in any Confidential Information supplied to the Buyer by Supplier under this Agreement shall, in the absence of any express
provision thereof, be vested in Supplier. 

  

	12.5	In the event that either Party during the term of this Agreement acquires information about the other’s or the other’s Affiliates’ customers and the
products made or supplied by or on behalf of such Party or such Party’s Affiliates to third party customers in the course of visits or otherwise, such information shall be considered Confidential Information and subject to the terms of this
Article. 

  

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	12.6	Both Parties to this Agreement wish to keep the existence and terms of this Agreement confidential and to this end each Party will, subject to applicable law or stock
exchange requirements, use its reasonable endeavours in so far as it does not impede its performance of this Agreement not to disclose the existence of this Agreement to a third party other than its affiliated companies, professional advisors and
financiers. 

  

	12.7	Notwithstanding anything to the contrary herein, the Buyer acknowledges and agrees that the Supplier may seek to conduct an initial public offering of its shares in the
United States and in this connection will file a registration statement with the United States Securities and Exchange Commission (the “Commission”), attaching this Agreement as an exhibit. The registration statement, together with
exhibits (including this Agreement) will be available to the public on the Commission’s website. The Supplier agrees that it will use its reasonable efforts to obtain confidential treatment of commercially sensitive pricing and technical
information contained in this Agreement. 

  

	13.	ENTIRETY AND MODIFICATIONS 

  

	13.1	The provisions stipulated in this Agreement including the Appendices are complete, final and exclusive statements of all the terms of the Agreement between Supplier and
the Buyer regarding the matters contemplated under the Agreement and shall replace and supercede any previous understandings, statements, promises or inducements, oral or written, or contrary or supplementary to the terms of this Agreement.

  

	13.2	Any modifications relating to the Agreement shall be in the form of a written document signed by duly authorized officers or representatives of both Parties.

  

	13.3	If any provision of this Agreement is held unenforceable by virtue of its being contrary to any mandatory rule of law, the remaining provisions of this Agreement shall
remain valid and binding. The Parties shall, in that case, be bound to perform as intended by the provision(s) thus affected as closely as possible, without infringing any mandatory rules of law effectively applicable. 

  

	14.	ASSIGNMENT 

 Neither Party shall transfer
or assign any of its rights and/or obligations under this Agreement in whole or in part without prior consent in writing of the other Party. 
  

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	15.	TERM AND TERMINATION 

  

	15.1	 This Agreement shall become effective on the date of signature by both Parties and remain binding between the Parties until 31st December, 2009, on which date it shall expire. The Agreement
may thereafter be renewed if the Parties mutually decide and agree so in writing. 

  

	15.2	Either Party may immediately terminate this Agreement if: 

  

	 	(a)	the other Party commits a material breach of the provisions of this Agreement and fails to remedy such breach within **** weeks after written notice of the existence of
such breach; 

  

	 	(b)	the other Party files for or is declared bankrupt or becomes insolvent or goes into liquidation or public composition or similar legal proceedings under any applicable
law; or 

  

	 	(c)	a Force Majeure event lasts for a period exceeding **** months. 

  

	15.3	The Parties agree that in the event of a termination of this Agreement pursuant to Section 15.2, there shall be payable as liquidated damages:

  

	 	(a)	In the event of termination of this Agreement by the Buyer in accordance with and pursuant to Section 15.2, (i) the Supplier shall forthwith pay to the
Buyer **** of the Contract Amount being **** and (ii) the Supplier shall promptly return any part of the Advance Payment which has not been credited against amounts payable by the Buyer hereunder for Products that have already been ordered from
the Supplier and less any payments due to the Supplier from the Buyer as of the date of termination under this Agreement. 

  

	 	(b)	In the event of termination of this Agreement by the Supplier in accordance with and pursuant to Section 15.2, (i) the Buyer shall forthwith pay to the
Supplier 10% of the Contract Amount, being ****, and (ii) the Supplier shall be entitled, to retain any part of the Advance Payment which has not been so credited against amounts payable by the Buyer hereunder; provided, however, that nothing
in this Section 15.2 shall affect the obligation of the Supplier or the Buyer to perform under the term of any Purchase Order issued and confirmed under this Agreement prior to such termination. 

  

	15.4	Termination or cancellation of this Agreement for any reason shall not affect any obligation arising prior to the effective date of termination or cancellation and any
obligation which from the context thereof is intended to survive the termination or cancellation of this Agreement. Termination or cancellation of this Agreement by one Party shall not affect any Purchase Order issued and confirmed according to this
Agreement prior to the termination or cancellation of the Agreement, and the Supplier shall continue to supply to the Buyer the Products and the Buyer shall pay for the Products so ordered. 

  

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

  

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	15.5	Any termination under this article shall be without prejudice to any Party’s right of action or claim arising from the period prior to the date of termination.

  

	16.	APPLICABLE LAW AND DISPUTES 

  

	 	(a)	This Agreement and any Purchase Order issued hereunder shall be governed by English law, with the exclusion of any other law (including the UN Convention on the
International Sale of Goods’). 

  

	 	(b)	In the event a dispute arises in connection with the interpretation or implementation of this Agreement including, without limitation, as to the termination, breach or
invalidity hereof and as to the rights or liabilities of the Parties hereunder, the Parties shall attempt in the first instance to resolve such dispute through friendly consultations. If the dispute cannot be resolved through consultations within
thirty (30) days after one Party has served a written notice on the other Party requesting the commencement of consultations, then any Party to the dispute may refer the dispute to arbitration in London, U.K., in accordance with the rules of
the Arbitration of the International chamber of commerce for the time being in force. The arbitral tribunal shall be composed of three (3) arbitrators. The arbitration award shall be final and binding on the Parties. The costs of arbitration
shall be borne by the losing Party, unless otherwise determined by the arbitration award. When a dispute occurs and under arbitration with respect to any Shipment, the Parties shall continue to exercise their other respective rights and fulfil their
other respective obligations under this Agreement with respect to any other Shipment, unless otherwise ordered by the arbitration tribunal. 

  

 15 

 IN WITNESS WHEREOF, Parties have agreed and signed this Agreement in two originals 
  

			
	For Jiangxi Jinko Energy Co., Ltd
		
	Name:	 	Kangping Chen
	Function:	 	
	Date:	 	

  

	
	Signature: /s/ Kangping Chen

  

									
	For Solland Solar Cells B.V.	 	
					
	Name:	 	Mr. J. Hanssen	 	Name:	 	Mr. Jan Willem Hendriks	 	
	Function:	 	CEO	 	Function:	 	CCO	 	
	Date:	 	November 30, 2008	 	Date:	 	November 30, 2008	 	
			
	Signature: /s/ J. Hanssen	 	Signature: /s/ Jan Willem Hendriks	 	

 Appendices: 
  

			
	Appendix A	  	: Product Specifications (including packaging and labelling)
	Appendix B	  	: Prices
	Appendix C	  	: Standard format Purchase Order
	Appendix D	  	: Delivery Schedule
	Appendix E	  	: Contact details
	Appendix F	  	: Rejected Materials Administration (RMA)-procedure

 APPENDIX A(1) : Product Specifications (including packaging and labelling) 

SPECIFICATION: 
  

					
	 Items
	 	 Specification
	 	 Remark

	General Characteristics	 		 	
	Growth Method	 	****	 	
	Conductivity Type	 	****	 	
			
	Dopant	 	****	 	
	Resistivity	 	****	 	
	Oxygen Content	 	****	 	
	Carbon Content	 	****	 	
	Diffusion Length	 	****	 	
	Life time	 	****	 	
			
	Structural Characteristics	 		 	
	Diameter	 	****	 	
	Thickness	 	****	 	
	Shape	 	****	 	
	Mechanical Characteristics	 		 	
	TTV-max	 	****	 	
	Bow	 	****	 	
	Surface Finished	 	****	 	
			
	Saw Mark damage	 	****	 	
			
	Chip defect	 	****	 	
	Appearance	 	****	 	

  

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

 APPENDIX A (2) : Product Specifications (including packaging and labelling)

 **** 
  

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

 APPENDIX B : Prices 
  

											
	 	  	 	  	 Yr 2008
	  	 Yr 2009
	  	 Yr 2010
	  	 Yr 2011

	price	  		  	FOB Shanghai ****	  	FOB Shanghai ****	  	FOB Shanghai ****	  	FOB Shanghai ****
						
	Down-payment	  	 **** within
 five (5) days
after the Agreement signature
	  		  		  		  	
						
	Prepayment & date	  	 **** T/T on
 the first day
of each month
	  		  		  		  	
						
	Delivery Date	  		  	December	  	January to December	  		  	
						
	Quantity	  		  	****	  	****	  		  	

  

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

 Appendix C 
 Standard Purchase Order 
  

							
		  		  	Purchase order PO00007842-1
		  		  	Number to be quoted on ALL documents and packages pertaining to this order
			
	 Jinko Solar Co., Ltd.
	  		  	
	 10th floor, East Hope Building 1777#
	  	Date:	  	18-11-2008
	 Century Avenue,
	  		  	
	 Pu Dong,
	  	Your reference:	  	Your mail dated 17th November
	 200122 SHANGHAI
	  	Our reference:	  	
	 Fax: +886 68761115
	  		  	
		  		  	Contact person:	  	Mathieu van den Hof
		  		  	Telephone:	  	+31-(0)45-8800 627
				
	Ship to address:	  	Invoice address:	  	Delivery Terms:	  	FOB
	Bohr 10, Avantis	  	Solland Solar Cells B.V.	  	Payment Terms:	  	Direct
	6422 RL Heerlen	  	Bohr 10, Avantis	  		  	
		  	6422 RL Heerlen	  	Your VAT number:	  	
		  	Netherlands	  		  	

  

													
	 Nr Item number
	  	 Description
	  	 Quantity Unit
	  	 Delivery date
	  	 Price/unit
	  	 Disc. pct.
	  	 Net value

							
	 1XXX10000012
	  	Wafer test 156x156x200u	  	****	  	11/28/08	  	****	  		  	****

 Indicate on the airway bill the following!!! 
 Airport of Destination: MAASTRICHT 
 To: 

MST 
 The shipping agent for Solland Solar is:

 DSV Air & Sea Co., Ltd. 
 38F, Center Tower 1, Grand Gateway, 
 No.1, Hongqiao Road, 
 Shanghai, 200030 
 P.R.China Contact Elaine Xu 
 Dir Phone: +86 21 5406 9918 
 Tel: +86 21 5406 9800

 Fax: +86 21 5406 9923 
 Email:
elaine.xu@cn.dsv.com 
 Web: http://www.dsv.com 
  

			
	 Amount
	  	****
	 Total discount
	  	****
		  	 
	 Subtotal
	  	****
	 Tax
	  	****
		  	 
	 Invoice amount
	  	
	 ****
	  	
	 ****
	  	

  

					
	Acceptance of our order implies your agreement with the General Purchase Conditions of Solland Solar Cells B.V., to the extent we agree otherwise in writing.	  	Solland Solar Cells B.V. Purchaser	  	Approved
		  	Heerlen	  	

 Bohr 10, Avantis | NL 6422 RL Heerlen | Netherlands | Telephone number: +31 45 8800 600 | Telefax +31
45 8800 605 www.sollandsolar.com | info@sollandsolar.com | Chamber of Commerce: 17174179 | VAT Nr. NL814095537B01 
  

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

 APPENDIX D : Delivery Schedule 
 2 shipments of 500k wafers each, each month from December 2008 to December 2009 
  

																																																					
	 	  	Yr 2008	  	Yr 2009
	 	  	Dec.	  	Jan.	  	Feb.	  	Mar.	  	April	  	May.	  	June	  	July	  	Aug.	  	Sep.	  	Oct.	  	Nov.	  	Dec.
	 Date
	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****
																											
	 PCS
	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****	  	****
		  		  		  		  	 ****
	  		  		  		  		  		  		  		  		  		  		  		  		  		  		  		  		  		  		  		  		  	

  

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

 APPENDIX E : Contact details 
 SOLLAND SOLAR 
 6422 RL Heerlen 

Bohr 10 – Avantis 
 The Netherlands

 COMMERCIAL CONTACT PERSON: 
 M.C.J.M. van den Hof 
 Telephone: +31 45 8800627 
 Fax: +31 45 8800605 
 E-Mail: mvandenhof@sollandsolar.com 
 TECHNICAL CONTACT PERSON: 
 Dr. B. Geyer

 Telephone: +31 45 8800654 
 Fax: +31
45 8800605 
 E-Mail: bgeyer@sollandsolar.com 
 SUPPLIER 
 10th Floor, East Hope Building 1777 
 Century Avenue 
 Pudong, Shanghai 
 China 
 COMMERCIAL CONTACT PERSON: 
 Vicky Sun 
 Tel: 13764183002 
 Fax: 021-68761115 
 Email: sunweiwei1003@126.com or sww@jinkosolar.com 
  

 APPENDIX F : Rejected Materials Administration (RMA)-procedure 
 In the event of a conflict between this Appendix F and the main body of the Agreement to which this Appendix F is attached, the main body of this Agreement
shall prevail. 
 If Solland Solar is of the opinion that the Products delivered do not conform with the agreed Specifications and the warranty
period for such Products has not expired, the following steps shall be taken: 
 - Solland Solar shall notify Supplier by fax or by e-mail that
there is an upcoming claim of defective Products and therewith provide the quantity, Supplier’s product code and a brief description of the problem; 
 - If the claim is made during the warranty period, Supplier shall provide a RMA number to be used as identification when Solland Solar returns the allegedly defective Products (the “RMA
Products”) to Supplier; 
 - Solland Solar shall ensure that the RMA Products are properly packaged and labelled with the RMA number and
promptly shipped to Supplier with documentary evidence which sets forth with reasonable specificity the nature of the alleged non-conformity of the RMA Products with the Specifications; 
 - Supplier shall examine the RMA Products within **** month of receipt. If Supplier determines that the Products conform to the Specifications, such Products shall be returned to Solland Solar at the
expense of Solland Solar. 
 As soon as the RMA Products are received by Supplier, Supplier will inspect the Products for: 
 - Saw marks 
 - Breakage 
 - Edge Defects 
 - Stains 
 - Grinding Chamfering 
 - Thickness and TTV 
 - Pinholes 
 - Micro Crystals 
 The outcome of the inspections may fall into several categories, including but not limited to:

 - Products that meet the Specifications shall be returned to Solland Solar at the cost of Solland Solar. 
 - Products that do not meet the Specifications shall be repaired or replaced by Supplier. Repaired or replacement Products shall be included in the next
scheduled Shipment to Solland Solar in such quantity as necessary to replace the non-conforming or defective Products at no extra cost to Solland Solar. 
  

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

 - If Supplier is unable to repair or replace Products determined to be defective, Supplier will pay to
Solland Solar **** of the price of the specific Products which are claimed to be non-conforming or defective and issue the related credit note(s) to Solland Solar. 
 - The Parties shall endeavour to settle any disputes related to the RMA procedure, including on whether the RMA Products conform to the Specifications, handling of the Products or possible compensation,
at a technical coordination meeting between the Parties. If the Parties fail to come to an agreement at the technical coordination meeting, the dispute shall be settled in accordance with Section 15 of the Agreement. 
  

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

 Exhibit 10.11 
 **** INDICATES CONFIDENTIAL MATERIAL OMITTED PURSUANT TO A REQUEST FOR CONFIDENTIAL TREATMENT AND FILED WITH THE SECURITIES AND EXCHANGE COMMISSION SEPARATELY WITH A REQUEST FOR CONFIDENTIAL TREATMENT.

 Sales Contract 
  

					
		  		  	 Contract No. JINKO0812130001-WZW
 Date: 2008-12-13
 Signed at: Shanghai, China

  

					
			
	Supplier:	  	Jiangxi Jinko Solar Co., Ltd.	  	(Hereinafter referred to as “Party A”)
		
	Address:	  	Jinko Road, Xuri District, Shangrao Economic Development Zone, Jiangxi Province
			
	Tel:	  	+86-21-68760633-8026	  	
			
	Fax:	  	+86-21-68761115	  	
			
	Mobile:	  	+86-013524145808	  	
			
	Email:	  	rudy@jinkosolar.com	  	
			
	Demander:	  	Win-Korea Trading PTY., LTD	  	(Hereinafter referred to as “Party B”)
		
	Address:	  	620-6 Ongnyeon-Dong, Yeonsu-Gu, Incheon-City, Korea
			
	Tel:	  	+82-32-543-5981	  	
			
	Fax:	  	+82-32-543-5983	  	
			
	Email:	  	Junghyun4905@hotmail.com	  	

  

 1 

 Both parties agreed on the following terms upon friendly consultation: 
  

	I.	Product name, Specification and Quantity: 

  

													
	 Product name
	  	Unit
price
(CIF
Korea)
(USD)	  	Quantity
(pcs)	  	Amount/M
(USD)	  	6
months’
amount
(USD)	  	One
year’s
amount
(USD)	  	Remark
(Contract Period)
							
	 156 Multi wafer
	  	****	  	****	  	****	  	****	  	****	  	2009. ****-2009.
****
				
	 Total Amount: ****
	  		  	****	  	

  

	1.	During the contract period, the two parties may enter into any other contracts upon consultation according to productivity increase of Party A and requirement of Party
B. 

  

	II.	Quality Requirements, Technical Standards and Quality Disputes 

  

	1.	Quality requirements and technical standards: 

  

							
	Conduction type: ****	  		  	 Square angle: ****
	  	
				
	Microcrystal: ****	  		  	 Resistivity: ****
	  	
			
	Dimension: ****	  	Diagonal line length: ****	  	
		
	Average Center Thickness per 10,000pcs: ****	  	
				
	Minority Carrier lifetime: ****	  		  		  	
				
	TTV: ****	  		  	 Dislocation density: ****
	  	
		
	 Carbon Content: **** Oxygen Content: ****
  
 Saw depth: ****
	  	
				
	Edge Chips: ****	  		  		  	
				
	Warp: ****	  		  		  	

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

 2 

 For other uncovered matters, please refer to industrial standards. 
  

	2.	Quality Disputes 

 In case of any
quality discrepancy, Party B shall inform Party A in writing and provide written test report and result as well as product track number of Party A. If Party A has any objections, after inspection by its own quality control department, on test report
and result submitted by Party B, Party A shall send Party B written feedback and relevant evidence within **** days; otherwise Party A will be deemed in agreeing to quality issues raised by Party B. If Party A identifies after testing the issues as
attributed to its own product and quality problems, it shall, for bulk purchase, immediately arrange for exchanging or returning of defective products; and for small quantity, exchange the products at next delivery. All fees incurred shall be borne
by Party A. 
 However, a defective percentage less than **** (excluding stress wafer) shall be regarded as normal conveyance
loss out of the scope of replacement and returning. Quality problems due to improper operation of Party B during inspection and production is not covered by Party A. 
  

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

  

 3 

	III.	Inspection Methods and Time Limit for Objection: In the case that Party B finds any quality problems according to contracted technical standard, objection shall be sent
to Party A within **** days after receipt of products. If no written objection is raised within the period, it is deemed that the quality of Party A’s products is qualified with contract requirements. 

  

	IV.	Packaging Standard: A. Wafers are kept sealed in ****. B. Each **** contains **** wafers. C. **** are packed in polyethylene foam packing to absorb transit handling
shocks. 

  

	V.	Time, Place and Manner of Delivery 

  

	1.	Time of delivery:        The stipulated payment shall be made in full and in time 

  

	2.	Place of delivery:        Inchon International Airport 

  

	3.	Manner of delivery:    CIF Korea 

  

	VI.	Advance payment, Settlement and Deadline 

  

	1.	Party B (Buyer) agrees to pay **** before ****, 2008 as the payment of January 2009. From the **** 2009, Party B agrees to pay on **** each month, and Party A agrees to
ship the wafers on **** days after getting the full payment from Party B. Each month after getting the full payment from Party B, Party A should make the shipment to Party B. Party A should ship ****pcs to Party B at January 2009, the remained ****
as the deposit of Party B. And Party A should ship ****pcs per month for the next 10 months, and on **** 2009, Party A should ship ****pcs together with the remained ****pcs to Party B (Total shipment on December 2009 is 315,000pcs.). The payment
term for the whole year contract is the same. 

  

	2.	Party B shall take the full payment before each shipment, and the invoice shall be issued to Party B within a week after the consignment by Party A.

  

	3.	The term of the Contract shall be one year continuously commencing on January 1st 2009 and ending on December 31st 2010. And the price is **** from
January 1st 2009 to July 1st, 2009, Party A and Party B will further discuss the price upon the situation for the next six months’ price. 

  

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

  

 4 

 The parties hereof may consult on renewal of the contract after expiry. 
  

	VII.	Transfer of the Ownership of Goods: The ownership of the goods shall be transferred to Party B after the delivery. 

  

	VIII.	Liability for Breach of Contract 

  

	1.	If the model, specification, and technical parameter of the goods consigned by Party A are not in accordance with the contract, Party B shall contact with Party A
promptly according to the actual situation. Party A shall make confirmation and solution within **** days. If there are any goods with quality problems confirmed by Party A, Party B shall be entitled to exchange at the next delivery taking. If both
parties hereof confirm in writing on product returning, Party A shall refund to Party B the amount of money for the returned products 

  

	2.	In case of Party A’s overdue delivery or Party B’s overdue payment, the defaulting party shall pay the other party the penalty of **** of the overdue product
value or payment for each delayed day. 

  

	3.	Any party breaching the Agreement shall take liabilities for breach of contract and compensate for the economic loss to the other party incurred by the violation. The
compensation amount shall be equal to the loss caused by the breach, including the benefits that may be acquired after fulfillment the Agreement, but shall not exceed the possible loss that should be foreseen at establishment of contract by the
defaulting party. 

  

	4.	If the both parties hereof decide to terminate the Agreement after friendly consultation, Party A shall within **** working days refund to Party B the amount of money
of remaining **** pcs of wafers ****; in case of failing to do that, **** of the amount for each delayed day shall be paid as a penalty. 

  

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

  

 5 

	5.	If Party B is of any of the following breaching activities, it shall pay a penalty to Party B as per the following provisions: 

 If Party B violate the Contract or fail to implement this Contract, Party A may withhold all the advance payment by Party B, and Party B
shall compensate for the economic losses to Party A incurred by its no fulfillment of this Contract. 
  

	6.	If Party A is of any of the following breaching activities, it shall pay a penalty to Party B according to the following provisions: For breach of the Contract or
failing to supply with products, Party A must refund all the advance payment (free of interest) by Party B within **** working days, and also bear the economic losses to Party B incurred by its failing to supply with products as required. In case
that Party A fails to refund the advance payment in time, it shall pay Party B a penalty of **** of the advance payment for each delayed day. 

  

	7.	For the above terms, both parties agree ****. But from the February, if Party B does not pay within **** or Party A does not ship the wafers within **** after payment,
the party is regarded as breaking the contract and need to pay 5 times as the deposit amount **** as compensation to the other party. The non-breaching party is entitled to decide whether to continue the contract or not. 

  
  

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

  

 6 

  

	IX.	Dispute Resolution: All disputes arising from signature and fulfillment of the Contract or relating to other business between both Parties shall be dealt with through
consultation; if no agreements are reached after consultation, any party may submit for arbitration to China International Economic and Trade Arbitration Commission Shanghai Commission, and the related cost shall be born by the failing party.

  

	X.	Confidentiality: All terms and conditions of this Contract as well as any supplement agreement shall be deemed as confidential information by both Parties and their
employees, agents, representatives and consultants; Any party shall not disclose to any third party without the consent of the other party. 

  

	XI.	Force Majeure: If any of the two parties fails to perform its obligations under this Contract due to any Force Majeure event, it shall inform the other party by written
notice within 15 days since occurrence of the event, and shall submit the written certification issued by relevant authority within 15 days after ending of the event, in which way the Party may be exempted from the liabilities in terms of impact of
the Force Majeure event. If the Force Majeure event occurs after the delayed implementation, the defaulting party shall not be exempted from the liabilities. 

  

	XII.	Anti-fraud: If any party is found violating the principle of good faith and defrauding the other party by providing false registration materials, qualification
certificate and information or covering up the truth, the defaulting party shall bear a penalty no more than USD100,000. This term does not affect the validity that the defaulting party shall take liabilities for breach of contract as stipulated in
other provisions. 

  

 7 

	XIII.	Other Matters 

  

	1.	Notice: Both parties have acknowledged that addresses and fax numbers set forth in the first page of this Contract are deemed as the addresses and fax numbers for both
parties to contact each other, send written notices and letters. All notices and letters which are sent by one party to the other by the listed addresses and fax numbers for the purpose of implementation of this Contract shall be deemed as
successful transmission. 

 If either Party at any time changes its address and fax number, it shall promptly
inform the other party with a written notice. In case of failing or delaying doing so, the former address and fax number shall be regarded as those for contact and communication 
  

	2.	If any consensus is reached after consultation, both Parties can enter into supplemental provisions. 

  

	XIV.	Effectiveness and Others 

  

	1.	This Contract becomes effective immediately after signing and stamping of both parties. The printed content of Contract, without modification, alteration, supplement or
deletion, shall be taken as final. Any modification, alteration, supplement or deletion shall be deemed non-effective and the original content shall be taken as final. 

  

	2.	This Contract is prepared in duplicate, each party holding one with the same legal effect. This contract is written in Chinese and English versions, in case of any
ambiguities, it shall be subjected to the Chinese version. 

  

 8 

			
	Supplier	  	Demander
		
	 BENEFICIARY: JIANGXI JINKO SOLAR CO., LTD.
 REV. BANK: BANK OF CHINA, SHANGRAO BRANCH
	  	COMPANY NAME (STAMP): WIN-KOREA TRADING PTY., LTD
	 SIGNATURE/STAMP: /S/ Hong Zhang; Kangping Chen
 ADDRESS: 43 SHENGLI ROAD SHANGRAO JIANGXI PROVINCE, CHINA
 SWIFT CODE: BKCHCNBJ550
 BANK ACCOUNT NO: 739153091438094014
	  	 SIGNATURE/STAMP: /S/ Jung Hyun Lee
 DATE: 2008-12-13
 CONTACT: JUNG HYUN, LEE
 BANK OF DEPOSIT:
 ACCOUNT NO.
 TAX NO.

  

 9 

 Sales Contract 
  

					
		 		 	Contract No. JINKO0812130001-WZW
		 		 	Date: 2009-01-15
		 		 	Signed at: Shanghai, China

  

					
	Supplier:	  	Jiangxi Jinko Solar Co., Ltd.	  	(Hereinafter referred to as “Party A”)
		
	Address:	  	Jinko Road, Xuri District, Shangrao Economic Development Zone, Jiangxi Province
			
	Tel:	  	+86-21-68760633-8026	  	
			
	Fax:	  	+86-21-68761115	  	
			
	Mobile:	  	+86-013524145808	  	
			
	Email:	  	rudy@jinkosolar.com	  	
			
	Demander:	  	Win-Korea Trading PTY., LTD	  	(Hereinafter referred to as “Party B”)
		
	Address:	  	620-6 Ongnyeon-Dong, Yeonsu-Gu, Incheon-City, Korea
			
	Tel:	  	+82-32-543-5981	  	
			
	Fax:	  	+82-32-543-5983	  	
			
	Email:	  	Junghyun4905@hotmail.com	  	

  

 10 

 Both parties agreed on the following terms upon friendly consultation: 
  

	I.	Product name, Specification and Quantity 

  

													
	 Product name
	  	Unit price
(FOB Shanghai)
(USD)	  	Quantity
(pcs)	  	Amount/M
(USD)	  	6
months’
amount
(USD)	  	Total
amount
(USD)	  	Remark
							
	 156 Multiwafer
	  	****	  	****	  	****	  	****	  	****	  	2009. ****-2009.
****
							
	 Total Amount: ****
	  		  		  		  		  	****	  	

  

													
	 Product name
	  	Unit price
(FOB Shanghai)
(USD)	  	Quantity
(pcs)	  	Amount/M
(USD)	  	6
months’
amount
(USD)	  	One
year’s
amount
(USD)	  	Remark
(Contract Period)
							
	 156 Multiwafer
	  	****	  	****	  	****	  	****	  	****	  	2009. ****-2010.
****
							
	 Total Amount: ****
	  		  		  		  		  	****	  	

  

	1.	During the contract period, the two parties may enter into any other contracts upon consultation according to productivity increase of Party A and requirement of Party
B. 

  

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

  

 11 

	II.	Quality Requirements, Technical Standards and Quality Disputes 

  

	1.	Quality requirements and technical standards: 

  

							
	Conduction type: ****	  		  	 Square angle: ****
	  	
			
	Microcrystal: ****	  	        Resistivity: ****	  	
			
	Dimension: ****	  	        Diagonal line length: ****	  	
		
	Average Center Thickness per 10,000pcs: ****	  	
			
	Minority Carrier lifetime: ****	  		  	
			
	TTV: ****	  	 Dislocation density: ****
	  	
			
	Carbon Content: ****	  	Oxygen Content: ****	  	
				
	Saw depth: ****	  		  		  	
				
	Edge Chips: ****	  		  		  	
				
	Warp: ****	  		  		  	
		
	For other uncovered matters, please refer to industrial standards.	  	

  

	2.	Quality Disputes 

 In case of any
quality discrepancy, Party B shall inform Party A in writing and provide written test report and result as well as product track number of Party A. If Party A has any objections, after inspection by its own quality control department, on test report
and result submitted by Party B, Party A shall send Party B written feedback and relevant evidence within **** days; otherwise Party A will be deemed in agreeing to quality issues raised by Party B. If Party A identifies after testing the issues as
attributed to its own product and quality problems, it shall, for bulk purchase, immediately arrange for exchanging or returning of defective products; and for small quantity, exchange the products at next delivery. All fees incurred shall be borne
by Party A. 
  

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

  

 12 

 However, a defective percentage less than **** (excluding stress wafer) shall be regarded as
normal conveyance loss out of the scope of replacement and returning. Quality problems due to improper operation of Party B during inspection and production is not covered by Party A. 
  

	III.	Inspection Methods and Time Limit for Objection: In the case that Party B finds any quality problems according to contracted technical standard, objection shall be sent
to Party A within **** days after receipt of products. If no written objection is raised within the period, it is deemed that the quality of Party A’s products is qualified with contract requirements. 

  

	IV.	Packaging Standard: A. Wafers are kept sealed in ****. B. Each **** contains **** wafers. C. **** are packed in polyethylene foam packing to absorb transit handling
shocks. 

  

	V.	Time, Place and Manner of Delivery: 

  

	1.	Time of delivery: The stipulated payment shall be made in full and in time. 

  

	2.	Place of delivery: Shanghai Pudong Airport 

  

	3.	Manner of delivery: FOB Shanghai 

  

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

  

 13 

	VI.	Advance payment, Settlement and Deadline 

  

	1.	Party B (Buyer) agrees to pay ****, equals to ****pcs wafers’ price) before ****, 2009 as the deposit of the contract. From the ****. 2009 to ****. 2009, Party B
agrees to buy ****pcs of wafers per month from Party A, Party B agrees to make payment of the ****pcs of wafers on **** of each month, Party A agrees to ship the wafers within **** days after getting the full payment from Party B. From **** 2009 to
**** 2010, Party B agrees to make payment of the ****pcs of wafers on **** of each month, Party A agrees to ship the wafers within **** days after getting the full payment from Party B. 

  

	2.	Quantity: **** 2009 to **** 2009---------****pcs/month; 

  

	    	                **** 2009 to **** 2010---------****pcs/month. 

 

	3.	Party B shall take the full payment before each shipment, and the invoice shall be issued to Party B within a week after the consignment by Party A.

  

	4.	The term of the Contract shall be one and half year continuously commencing on January 15th 2009 and ending on July 31st 2010. And the price is **** from
January 1st 2009 to June 30th, 2009, Party A and Party B will further discuss the price upon the situation for the next six months’ price. 

 The parties hereof may consult on renewal of the contract after expiry. 
  

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

  

 14 

	VII.	Transfer of the Ownership of Goods: The ownership of the goods shall be transferred to Party B after the delivery. 

  

	VIII.	Liability for Breach of Contract 

  

	1.	If the model, specification, and technical parameter of the goods consigned by Party A are not in accordance with the contract, Party B shall contact with Party A
promptly according to the actual situation. Party A shall make confirmation and solution within **** days. If there are any goods with quality problems confirmed by Party A, Party B shall be entitled to exchange at the next delivery taking. If both
parties hereof confirm in writing on product returning, Party A shall refund to Party B the amount of money for the returned products 

  

	2.	In case of Party A’s overdue delivery or Party B’s overdue payment, the defaulting party shall pay the other party the penalty of **** of the overdue product
value or payment for each delayed day. 

  

	3.	Any party breaching the Agreement shall take liabilities for breach of contract and compensate for the economic loss to the other party incurred by the violation. The
compensation amount shall be equal to the loss caused by the breach, including the benefits that may be acquired after fulfillment the Agreement, but shall not exceed the possible loss that should be foreseen at establishment of contract by the
defaulting party. 

  

	4.	If the both parties hereof decide to terminate the Agreement after friendly consultation, Party A shall within **** working days refund to Party B the amount of money
of remaining **** pcs of wafers (USD90,000, Say US Dollars ninety thousand only); in case of failing to do that, **** of the amount for each delayed day shall be paid as a penalty. 

  

	5.	If Party B is of any of the following breaching activities, it shall pay a penalty to Party B as per the following provisions: 

 If Party B violate the Contract or fail to implement this Contract, Party A may withhold all the advance payment by Party B, and Party B
shall compensate for the economic losses to Party A incurred by its no fulfillment of this Contract. 
  

	6.	If Party A is of any of the following breaching activities, it shall pay a penalty to Party B according to the following provisions: For breach of the Contract or
failing to supply with products, Party A must refund all the advance payment (free of interest) by Party B within **** working days, and also bear the economic losses to Party B incurred by its failing to supply with products as required. In case
that Party A fails to refund the advance payment in time, it shall pay Party B a penalty of **** of the advance payment for each delayed day. 

  

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

  

 15 

	7.	For the above terms, both parties agree ****. But from the July, if Party B does not pay within **** or Party A does not ship the wafers within **** after payment, the
party is regarded as breaking the contract and need to pay 5 times as the deposit amount (USD450,000 say US Dollars four hundred fifty thousand only) as compensation to the other party. The non-breaching party is entitled to decide whether to
continue the contract or not. 

  

	IX.	Dispute Resolution: All disputes arising from signature and fulfillment of the Contract or relating to other business between both Parties shall be dealt with through
consultation; if no agreements are reached after consultation, any party may submit for arbitration to China International Economic and Trade Arbitration Commission Shanghai Commission, and the related cost shall be born by the failing party.

  

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

  

 16 

	X.	Confidentiality: All terms and conditions of this Contract as well as any supplement agreement shall be deemed as confidential information by both Parties and their
employees, agents, representatives and consultants; Any party shall not disclose to any third party without the consent of the other party. 

  

	XI.	Force Majeure: If any of the two parties fails to perform its obligations under this Contract due to any Force Majeure event, it shall inform the other party by written
notice within 15 days since occurrence of the event, and shall submit the written certification issued by relevant authority within 15 days after ending of the event, in which way the Party may be exempted from the liabilities in terms of impact of
the Force Majeure event. If the Force Majeure event occurs after the delayed implementation, the defaulting party shall not be exempted from the liabilities. 

  

	XII.	Anti-fraud: If any party is found violating the principle of good faith and defrauding the other party by providing false registration materials, qualification
certificate and information or covering up the truth, the defaulting party shall bear a penalty no more than USD100,000. This term does not affect the validity that the defaulting party shall take liabilities for breach of contract as stipulated in
other provisions. 

  

	XIII.	Other Matters 

  

	1.	Notice: Both parties have acknowledged that addresses and fax numbers set forth in the first page of this Contract are deemed as the addresses and fax numbers for both
parties to contact each other, send written notices and letters. All notices and letters which are sent by one party to the other by the listed addresses and fax numbers for the purpose of implementation of this Contract shall be deemed as
successful transmission. 

  

 17 

 If either Party at any time changes its address and fax number, it shall promptly inform the
other party with a written notice. In case of failing or delaying doing so, the former address and fax number shall be regarded as those for contact and communication 
  

	2.	If any consensus is reached after consultation, both Parties can enter into supplemental provisions. 

  

	XIV.	Effectiveness and Others 

  

	1.	This Contract becomes effective immediately after signing and stamping of both parties. The printed content of Contract, without modification, alteration, supplement or
deletion, shall be taken as final. Any modification, alteration, supplement or deletion shall be deemed non-effective and the original content shall be taken as final. 

  

	2.	This Contract is prepared in duplicate, each party holding one with the same legal effect. This contract is written in Chinese and English versions, in case of any
ambiguities, it shall be subjected to the Chinese version. 

  

 18 

					
	Supplier	  	 	  	Demander
			
	 BENEFICIARY: JIANGXI JINKO SOLAR CO., LTD.
 REV. BANK: BANK OF CHINA, SHANGRAO BRANCH
 ADDRESS: 43 SHENGLI ROAD SHANGRAO JIANGXI PROVINCE,
CHINA
 SWIFT CODE: BKCHCNBJ550
 BANK
ACCOUNT NO: 739153091438094014
	  		  	 Company Name (stamp): Win-Korea Trading PTY., LTD
 Signature/Stamp:
 Date: 2008-12-13
 Contact: QU XIAOFEI
 Bank of Deposit: WOORI BANK
 Account No. 1081-500-400509
 Tax No. 122-81-98991

			
	Legal representatives (signature/stamp)	  		  	
			
	Legal representatives (Party A)	  		  	Legal representatives (Party B)
			
	Signature: /s/ Xianhua Li	  		  	Signature: /s/ Jung Hyun Lee
			
	Stamp:	  		  	Stamp:

  

 19 

 Supplementary Agreement to Contract JINKO0812130001-WZW 
 (this “Agreement”) 
 Agreement Number: 2009-JK-XS-1125 
 Date: 2009-04-29 
 This Agreement made the following amendments to the items under JINKO0812130001-WZW: 
 WHEREAS:

 The supplier and the buyer entered into the purchase and sales contract for 156 polycrystalline silicon on December 13, 2008 (the
“December 13, 2008 Contract”). Whereafter, both parties reached consensus to enter into a new purchase and sales agreement on January 15, 2009 (the “January 15, 2009 Agreement”) to amend the terms regarding quantity, price,
etc. under December 13, 2008 Contract. In order to clarify contractual rights and obligations, both parties hereby confirm that the January 15, 2009 Agreement, after being signed by both parties, shall substitute the December 13, 2008
Contract and constitute the sufficient and complete understanding and agreement for 156 polycrystalline silicon. All rights and obligations of both parties shall be performed according to the January 15, 2009 Agreement. 
 Though amicable negotiations, both parties made the following amendments to the January 15, 2009 Agreement, also known as
“JINKO0812130001-WZW”: 
 1. With regard to the deposit refund, Jinko agreed to refund all deposit (USD ****) paid by Win-Korea to
Jinko on April 29, 2009. 
 2. Though amicable negotiations, both parties agreed to amend the term, changing 156 polycrystalline silicon to
156 monocrystalline silicon. The unit price of monocrystalline silicon is USD****. Such amendment shall take effect on May 1, 2009. 
 Quality requirements and technical standards are as follows: 
 Conductivity Type: ****   Right Angle
Deviation: **** Resistance: **** Dimension: **** 
 Diameter: **** Thickness: **** Crystal Orientation: **** Minority
Carrier Lifetime: **** 
 TTV: **** Dislocation Density: **** 
 Carbon Content: **** Oxygen Content: **** Stria: **** 
 Broken Edge: Length **** Depth **** broken edges on each chip shall never be more than **** 
 Warping Degree: **** 
 For other undefined issues, please refer to industry standards. 

3. Both parties agreed to renegotiate the price if the market price fluctuates beyond 5% of the abovementioned unit price. 
 4. Win-Korea agreed that Jinko may disclose the contracts signed by both parties for listing purpose (and only disclose the contracts in Jinko’s
listing materials). 
 5. Both parties shall resolve other issues though amicable negotiations. 
  

			
	Company Name: Jinko Solar Co., Ltd.	  	Company Name: Win-Korea Trading PTY., LTD
	Party A (Seal): /s/ Jinko Solar Co., Ltd.	  	Party B (Seal): /s/ Win-Korea Trading PTY., LTD
	Contact: Zhang Hong / Wang Zhiwen	  	Contact: Qu Xiaofei

  

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

  

 20

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