Document:

China TMK Battery Systems Inc. - Exhibit 10.24 - Filed by newsfilecorp.com

Bank Loan Agreement 

  	Bank 	
        China Bank Shenzhen Branch ("Bank") 

	Borrower 	 Shenzhen
          Borou Industrial Ltd. (深圳市柏柔实业有限公司) ("Borrower") 

	Execution date 	 August
          5, 2009 

	Principal 	 RMB
          40 million. 

	Purpose 	 Working capital and fixed assets.
          The Borrower may not change the purpose of the loan without written
          consent by the Bank

	Interest 	
        The interest rate is floating. The interest rate is re-priced
          every 3 months from the actual withdrawal date. The initial interest
          rate of each withdrawal is based on one-three year benchmark lending
          rate going up 10% promulgated by People’s Bank of China at the
          actual date of withdrawal. The interest is settled on a monthly basis.
        

	Repayment and 
 Repayment in 
 advance
        
 Representation 
 by Borrower 	 The Borrower shall repay the
          loan according to the contract. Repayment in advance shall be approved
          by the Bank with at least one month notice in advance. 

	  	 
        

	•	 The
          Borrower shall notify the Bank of any corporate change in writing 30
          days advance, including restructuring, merger, demerger, establishing
          a joint venture, assets transfer, etc., which may affect the obligations
          under the contract and the interest of the Bank. The Borrower may not
          take the above mentioned actions without written approval of such changes
          by the Bank. 

	•	 The
          Borrower shall obtain written approval before providing a guarantee
          or mortgage with its primary asset for a third party, which could affect
          its performance under the loan agreement. 

	•	 The
          Borrower or its investor(s) may not withdraw the capital, transfer the
          assets or equity for the purpose of avoiding the debt owned to the Bank.
        

	•	 The
          Borrower shall notify the Bank in advance in writing regarding the change
          of its name, legal representative, legal address, business scope. 

	•	 During
          the loan period, the Borrower may not pay dividends or provide security
          for a third party, or lend to a third party. 

	Security 	 Mortgage
          plus guarantee. The mortgage contract and guarantee contract are signed
          independently. 

	Period 	 36
          months from the first actual withdrawal date 

	Liability for 
 Breach 	•	 The
          Bank may have one or more options as follows if the Borrower breaches
          the contract or under any event that could affect the Bank’s interest,
          including the material corporate change of the Borrower, such as restructuring,
          merger, demerger, establishing a joint venture, assets transfer, deregistration,
          etc. or the loan which is not used according to the designated purpose
          under the contract: 

	  	 
        

	  	 *
          suspend the payment of loan to the Borrower; 

	  	 
        

	  	 *
          accelerate the loan 

	  	 
        

	  	 *
          in case of late repayment, charge the Borrower with penalty interest
          and compound interest; 

	  	 
        

	  	 *
          request for new security by the Borrower; 

	  	 *excise
          the rights under the mortgage; and 

	  	 
        

	  	 *terminate
          the contract. 

	•	 The Borrower shall be responsible
          for legal fees and other fees that occurred by the Bank to collect the
          debt through litigation if the Borrower breach the contract. 

	Governing law 
and Jurisdiction
    	The
      dispute will be solved through the court in the place where the Bank is
      located.China TMK Battery Systems Inc. - Exhibit 10.25 - Filed by newsfilecorp.com

Bank Loan Agreement 

	Bank 	
      Ningbo Bank Shenzhen Branch ("Bank") 

	Borrower 
	
      Shenzhen Borou Industrial Ltd.(深圳市柏柔实业有限公司)
      
("Borrower") 

	Execution Date 	
      September 2, 2009 

	Principal 	
      RMB 8 million. 

	Purpose 	
      Working capital. The Borrower may not change the purpose
      of the loan without written consent by the Bank 

	Interest 	
      The monthly interest rate is 0.531%. The interest is
      settled on a quarterly basis. 

	Repayment and Repayment in advance 	
      The Borrower shall repay the loan according to the
      contract. Repayment in advance shall be approved by the Bank with at least
      one month notice in advance. 

	Representation by Borrower 	 • The Borrower shall notify
          the Bank of any corporate change in writing 30 days advance, including
          restructuring, merger, demerger, establishing a joint venture, assets
          transfer, etc., which may affect the obligations under the contract
          and the interest of the Bank. The Borrower may not take the above mentioned
          actions without written approval of such changes by the Bank. 

	 
    	
      

	  	 • The Borrower shall obtain
          written approval before providing a guarantee or mortgage with its primary
          asset for a third party, which could affect its performance under the
          loan agreement. 

	 
    	
      

	  	 • The Borrower or its investor(s)
          may not withdraw the capital, transfer the assets or equity for the
          purpose of avoiding the debt owned to the Bank. 

	 
    	
      

	  	 • The Borrower shall notify
          the Bank in advance in writing regarding the change of its name, legal
          representative, legal address, business scope. 

	 
    	
      

	  	 • During the loan period,
          the Borrower may not pay dividends or provide security for a third party,
          or lend to a third party. 

	 
    	
      

	  	 • By the end of 2009, the
          total group financing may not exceed RMB 130 million. the revenue of
          the Parent company should exceed RMB 350 million and the revenue of
          the Borrower should exceed RMB 130 million, otherwise, the Bank is entitled
          to declare the loan accelerated. 

	Security 	
      Mortgage plus guarantee. The mortgage contract and
      guarantee contract are signed independently. 

	Period 	
      From August 24, 2009 to August 23, 2010

	Liability for Breach 	 • If the Borrower fails to
          observe the agreement, which causes damages or losses to the Bank, the
          Borrower shall pay liquidated damages which shall be calculated with
          the same method in the instance of delayed repayment. 

	 
    	
      

	  	 • In case of delayed repayment,
          the Borrower will be charged with penalty calculated at the rate 50%
          higher than the loan rate. 

	 
    	
      

	  	 • The Bank is entitled to
          request liquidated damages of 10% of the loan paid to the Borrower if
          the Borrower intentionally conceals any material facts or provides false
          information to the Bank. 

	 
    	
      

	  	 • The Borrower shall be responsible
          for legal fees and other fees that occurred by the Bank to collect the
          debt through litigation if the Borrower breach the contract. 

	Governing law and Jueisdiction 	
      The dispute will be solved through the court in the place
      where the Bank is located.China TMK Battery Systems Inc. - Exhibit 10.26 - Filed by newsfilecorp.com

(English Translation) 
Credit Line Agreement 

	Bank 	
      Bank of China Shenzhen Branch ("Bank") 

	Borrower 	
      Shenzhen TMK Power Industries Ltd.(深圳市三俊电池有限公司)

	  	
      ("Borrower") 

	Execution Date 	
      June 18, 2009 

	Credit line 	
      RMB 19 million. 

	Purpose 	
      Working capital. Before the contract expires, the
      borrower may use the credit on a revolving basis, and thus does not need
      to sign multiple loan contracts 

	Interest 	
      The yearly interest rate is 5.346%. The interest is
      settled on a daily basis. 

	Repayment and Repayment in advance 	
      The Borrower shall repay the loan according to the
      contract. Repayment in advance shall be approved by the Bank with at least
      one month notice in advance. 

	Representation by Borrower 	 • The Borrower shall notify
          the Bank of any corporate change in writing 30 days advance, including
          restructuring, merger, demerger, establishing a joint venture, assets
          transfer, etc., which may affect the obligations under the contract
          and the interest of the Bank. The Borrower may not take the above mentioned
          actions without written approval of such changes by the Bank. 

	 
    	
       

	   	 • The Borrower shall obtain
          written approval before providing a guarantee or mortgage with its primary
          asset for a third party, which could affect its performance under the
          loan agreement. 

	 
    	
       

	   	 • The Borrower or its investor(s)
          may not withdraw the capital, transfer the assets or equity for the
          purpose of avoiding the debt owned to the Bank. 

	 
    	
       

	   	 • The Borrower shall notify
          the Bank in advance in writing regarding the change of its name, legal
          representative, legal address, business scope. 

	 
    	
       

	   	 • During the loan period,
          the Borrower may not pay dividends or provide security for a third party,
          or lend to a third party. 

        

	Security 	
      Mortgage plus guarantee. The mortgage contract and
      guarantee contract are signed independently. 

	Period 	
      From June 18, 2009 to June 18, 2010 

	Liability for Breach 	 • If the Borrower fails to
          observe the agreement, which causes damages or losses to the Bank, the
          Borrower shall pay liquidated damages which shall be calculated with
          the same method in the instance of delayed repayment. 

	  	
       

	   	 • In case of delayed repayment,
          the Borrower will be charged with credit line usage fee calculated no
          less than at the rate of 0.5% of the credit line. 

	 
    	
      

	   	 • The Borrower shall be responsible
          for legal fees and other fees that occurred by the Bank to collect the
          debt through litigation if the Borrower breach the contract. 

	Governing law and Jueisdiction 	
      The dispute will be solved through the court in the place
      where the Bank is located.

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