Document:

English translation of Share Transfer Agreement

 Exhibit 4.21 
 Zhejiang Sun Valley Energy Application Technology Co., Ltd. 
 Share
Transfer Agreement 
 Transferee: Paker Technology Limited (“Paker Technology”) 
 Address: Room 1202, 12/F, Tower 1 China Hong Kong City, 33 Canton Road Tsimshatsui, Kowloon, Hong Kong 
 Legal representative: Xiande Li 
 Position:
Chairman of board of directors 
 Nationality: China 
 Transferor: New Energy International Ltd. (“New Energy”) 
 Address: Suite 3305, Plaza
Vegas, No. 48 W. Spring Mountain Road, Las Vegas, Nevada, USA 
 Legal representative: Wenjian Hong 
 Position: Chairman of board of directors 
 Nationality: Taiwan, China 
 According to Company Law of the People’s Republic of China, the Law of the People’s Republic of
China on Sino-foreign Equity Joint Venture, Several Regulations of Changes in Equity Interest of Investors in Foreign Investment Enterprises, and other regulations, the parties agree as follows: 
 Zhejiang Sun Valley Energy Application Technology Co., Ltd (“Sun Valley”) is a Sino Foreign Equity Joint Venture established in accordance with
PRC laws. It has a registered capital of US$10 million and a paid-up capital of US$10 million. Haining Chaoda Warp Knitting Co., Ltd., Green Power Technology Co., Ltd., and New Energy International Ltd. hold 75%, 12%, and 13% of the equity interest
of Sun Valley, respectively. 
 New Energy agrees to transfer all of its 13% equity interest in Sun Valley to Paker Technology. Based on the
principle of fairness and mutual benefit and upon amicable negotiation, both parties have entered into this agreement in relation to the above share transfer. 
 I. Share Transfer, Transfer Price, and Payment Method 
 New Energy agrees to transfer 11 of
its 13% equity interest in Sun Valley at a consideration of US$1,300, 000 to Paker Technology, and Paker Technology agrees to purchase the said 13% equity interest in Sun Valley at the said consideration. 
 Upon the signing of this agreement, Paker Technology shall issue a bills of exchange at the agreed amount of consideration under this agreement and payable
to New Energy. After obtaining the approval of this share transfer from the approval authority and Paker Technology has registered as the legal owner of the said shares, the transferor shall require the transferee to deliver the bills of exchange
upon the presentation of the corporate business license and the documentation proof of the shareholding of Sun Valley subsequent to the share transfer. 
  

 1 

 Bank Account of New Energy: 
 Bank: Mega International Commercial Bank Co., Ltd., Hong Kong Branch 
 Company name: New Energy
International Ltd. 
 Account number: 96511006368 
 Swift Code : ICBCHKHH 
 The expenses arising from this share transfer shall be borne by both
parties. 
 II. Deadline for the Share Transfer and Method of Transfer 
 The transfer of shares shall be completed on the date when this agreement becomes effective. 
 III. Rights and Obligations of the Transferor and the Transferee 
 Pursuant to the registration of the transfer of shares with
the Administration of Industry and Commerce, Paker Technology shall enjoy rights and undertake responsibilities according to its capital contribution and the articles of association of Sun Valley. 
 The Transferor and the Transferee Guarantee: 
  

	 	1.	The transferor guarantees that the shares transferred to the transferee are legally held by the transferor in Sun Valley and the transferor enjoys the right of
disposal. The transferor guarantees that the shares transferred are not subject to any mortgages, pledges, or are otherwise encumbered, and are not subject to any claims by a third party. In the event of such, the transferor shall bear all
liabilities arising from such claims. 

  

	 	2.	Upon the transfer of shares, all rights and obligations attached to the shares in Sun Valley shall be transferred to the transferee. 

  

	 	3.	The transferee recognizes the articles of association of Sun Valley and undertakes to perform the obligations and responsibilities accordingly.

 IV. Liabilities 
 If this agreement cannot be performed or cannot be completely performed due to the default of one party, the defaulting party shall be liable for such defaults. If both parties are in default, each party shall bear its liabilities in
accordance with the actual circumstances. 
 V. Disputes and Applicable Laws 
 The laws of the People’s Republic of China shall apply. In case of any dispute, both parties shall resolve through amicable negotiation. If the dispute
is unresolved by negotiation, the dispute shall be settled by arbitration or at a court. 
  

 2 

 VI. Amendment and Termination 
 Any amendments to this agreement shall only become effective upon the signing of a written amendment agreement by both parties and subject to the approval by the original approval authority. If any party
commits a material breach, the non-defaulting party shall have the right to terminate this agreement by reporting to the original approval authority. 
 VII. Effectiveness of this Agreement 
 This agreement is signed by Paker Technology and New Energy and shall become effective
upon shareholders of Sun Valley giving up the right of first refusal regarding the transfer of equity interest provided herein and the issuance of the certificate of approval of the changes in the foreign-invested enterprise. 
 VIII. Venue and Time 
 This agreement was
signed in the conference room of Sun Valley at Yuanhua Town, Haining, Zhejiang Province, People’s Republic of China, on June 20, 2009. 
 IX. Others 
 This agreement is in five copies, each party keeps one copy, Sun Valley, the approval authority, and the
registration authority each keeps one copy. 
 Transferee (seal): /s/ Paker Technology Limited. 
 Legal representative: 
 Date: June 20, 2009

 Transferor (seal): /s/ New Energy International Ltd. 
 Legal representative: 
 Date: June 20, 2009 
  

 3English translation of Share Transfer Agreement

 Exhibit 4.22 
 Zhejiang Sun Valley Energy Application Technology Co., Ltd. 
 Share
Transfer Agreement 
 Transferee: Paker Technology Limited (“Paker Technology”) 
 Address: Room 1202, 12/F, Tower 1 China Hong Kong City, 33 Canton Road Tsimshatsui, Kowloon, Hong Kong 
 Legal representative: Xiande Li 
 Position:
Chairman of board of directors 
 Nationality: China 
 Transferor: Green Power Technology Co., Ltd. (“Green Power”) 
 Address: Suite 802, St.
James Court, St. Denis Street, Port Louis, Mauritius 
 Legal representative: Wenjian Hong 
 Position: Chairman of board of directors 
 Nationality: Taiwan, China 
 According to Company Law of the People’s Republic of China, the Law of the People’s Republic of
China on Sino-foreign Equity Joint Venture, Several Regulations of Changes in Equity Interest of Investors in Foreign Investment Enterprises, and other regulations, the parties agree as follows: 
 Zhejiang Sun Valley Energy Application Technology Co., Ltd (“Sun Valley”) is a Sino Foreign Equity Joint Venture established in accordance with
PRC laws. It has a registered capital of US$10 million and a paid-up capital of US$10 million. Haining Chaoda Warp Knitting Co., Ltd., Green Power Technology Co., Ltd., and New Energy International Ltd. hold 75%, 12%, and 13% of the equity interest
of Sun Valley, respectively. 
 Green Power agrees to transfer all of its 12% equity interest in Sun Valley to Paker Technology. Based on the
principle of fairness and mutual benefit and upon amicable negotiation, both parties have entered into this agreement in relation to the above share transfer. 
 I. Share Transfer, Transfer Price, and Payment Method 
 Green Power agrees to transfer all
of its 12% equity interest in Sun Valley at a consideration of US$1,200,000 to Paker Technology, and Paker Technology agrees to purchase the said 12% equity interest in Sun Valley at the said consideration. 
  

 1 

 Upon the signing of this agreement, Paker Technology shall issue a bills of exchange at the agreed amount of
consideration under this agreement and payable to Green Power. After obtaining the approval of this share transfer from the approval authority and Paker Technology has registered as the legal owner of the said shares, the transferor shall require
the transferee to deliver the bills of exchange upon the presentation of the corporate business license and the documentation proof of the shareholding of Sun Valley subsequent to the share transfer. 
 Bank Account of Green Power: 
 Bank: Mega
International Commercial Bank Co., Ltd., Hong Kong Branch 
 Company name: Green Power Technology Inc. 
 Account number: 96511002289 
 Swift Code: ICBCHKHH

 The expenses arising from this share transfer shall be borne by both parties. 
 II. Deadline for the Share Transfer and Method of Transfer 
 The transfer of shares shall be
completed on the date when this agreement becomes effective. 
 III. Rights and Obligations of the Transferor and the Transferee

 Pursuant to the registration of the transfer of shares with the Administration of Industry and Commerce, Paker Technology shall enjoy
rights and undertake responsibilities according to its capital contribution and the articles of association of Sun Valley. 
 The Transferor and
the Transferee Guarantee: 
  

	 	1.	The transferor guarantees that the shares transferred to the transferee are legally held by the transferor in Sun Valley and the transferor enjoys the right of
disposal. The transferor guarantees that the shares transferred are not subject to any mortgages, pledges, or are otherwise encumbered, and are not subject to any claims by a third party. In the event of such, the transferor shall bear all
liabilities arising from such claims. 

  

	 	2.	Upon the transfer of shares, all rights and obligations attached to the shares in Sun Valley shall be transferred to the transferee. 

  

	 	3.	The transferee recognizes the articles of association of Sun Valley and undertakes to perform the obligations and responsibilities accordingly.

 IV. Liabilities 
 If this agreement cannot be performed or cannot be completely performed due to the default of one party, the defaulting party shall be liable for such defaults. If both parties are in default, each party shall bear its liabilities in
accordance with the actual circumstances. 
  

 2 

 V. Disputes and Applicable Laws 
 The laws of the People’s Republic of China shall apply. In case of any dispute, both parties shall resolve through amicable negotiation. If the dispute is unresolved by negotiation, the dispute shall
be settled by arbitration or at a court. 
 VI. Amendment and Termination 
 Any amendments to this agreement shall only become effective upon the signing of a written amendment agreement by both parties and subject to the approval by the original approval authority. If any party
commits a material breach, the non-defaulting party shall have the right to terminate this agreement by reporting to the original approval authority. 
 VII. Effectiveness of this Agreement 
 This agreement is signed by Paker Technology and Green Power and shall become effective
upon shareholders of Sun Valley giving up the right of first refusal regarding the transfer of equity interest provided herein and the issuance of the certificate of approval of the changes in the foreign-invested enterprise. 
 VIII. Venue and Time 
 This agreement was
signed in the conference room of Sun Valley at Yuanhua Town, Haining, Zhejiang Province, People’s Republic of China, on June 20, 2009. 
 IX. Others 
 This agreement is in five copies, each party keeps one copy, Sun Valley, the approval authority, and the
registration authority each keeps one copy. 
 Transferee (seal): /s/ Paker Technology Limited. 
 Legal representative: 
 (signature): 
 Date: June 20, 2009 
 Transferor (seal): /s/
Green Power Technology Co., Ltd. 
 Legal representative: 
 (signature): 
 Date: June 20, 2009 
  

 3

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00167-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00167-of-00352.parquet"}]]