Document:

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                                                                   EXHIBIT 10.28

                           SALE AND PURCHASE AGREEMENT

THIS AGREEMENT is made on March 7,2007.

BETWEEN:

(1) SINOLINK DEVELOPMENT LIMITED, whose registered office is at: Suite 901B
9/F, Kinwick Centre, 32 Hollywood Road, Central, Hong Kong (THE BUYER); and

(2) BAODING TIANWEI YINGLI NEW ENERGY RESOURCES CO. LTD., whose registered
office is at No.3055 Middle Fuxing Road, Baoding (071051) CHINA (THE SELLER/THE
MANUFACTURER).

WHEREBY IT IS AGREED as follows:

1.    The Seller undertakes to supply eight (8) megawatt solar modules (the
      "Product") to the Buyer for the delivery duration from April 2007 to Dec
      2007. The Seller undertakes to supply the said product in accordance with
      the Monthly Delivery Plan confirmed by the Parties at least two weeks in
      advance before the new month begins, otherwise the Seller shall liable for
      the cost of obtaining equivalent products.

2.    The Seller shall sell and the Buyer shall purchase the Products specified
      below:

      2.1   Product Description: 160Wp-180Wp, 1310x990x50 and/or 1580x808x50
            Poly-crystal silicon solar module (including connectors and cables)

      2.2   Price per watt: USD3.62 F.O.B. (Upper limit) for the delivery
            duration period between April 2007 to Dec 2007, quarterly price
            review between the parties shall be carried one month before the new
            quarter begins, the price quoted from the Seller to the Buyer is the
            most favorable price, and in accordance with the market situation.

3.    The technical specification (see appendix and/or attachments), the
      particular conditions, the general conditions and warranties supplied by
      the Seller to the Buyer shall be deemed to form and be read and construed
      as part of this Agreement. Each party represents to the other party that
      all representations made by it pursuant to the Agreement are true and
      accurate as of the date of this Agreement. The Seller undertakes to give
      the Buyer prior written notice for any amendment, alteration to the said
      products. The Buyer can decide either to accept or refuse the delivery of
      the modified products. The Seller undertakes to fully comply all technical
      specifications provide by the Buyer. The standard of measurement shall
      according to the test reports from the Frauenhofer Institute provided by
      the Buyer from time to time.

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4.    The Consideration shall be paid by the Buyer to the Seller as follows:

      4.1   The currency used for the transactions can be settled either in US
            dollar or EURO. The Seller agrees the Buyer can choose the most
            preferable currency upon placing the purchase order.

      4.2   All prices quoted from the Seller to the Buyer is F.O.B. (Free On
            Board). The Seller undertakes to give the Buyer the most favorable
            price both for unit projects and for regular roof-top project
            orders.

      4.3   The pattern of payment shall be: [-]* payment from the Buyer to the
            Seller [-]* weeks after the date of shipment. The Seller shall
            provide the proof information of the freight forwarder that the
            products invoiced have been shipped to the Buyer. Such information
            will usually be provided via the Bill of Lading, a packing list,
            certificate of origin and the commercial invoice.

5.    Time of Shipment. Within 24hours after the inspection of goods by the
      Buyer or its authorized representatives.

6.    Completion documentation shall consist as follows:

      6.1   Full set of Bills of Lading.

      6.2   Three set of invoice.

      6.3   Three set of Packing List.

      6.4   Shipment Notice from the Seller. The Seller shall inform the Buyer
            within 24 hours of the shipment dispatched of the name of the
            vessel, voyage number, date, quantity, weight and value of the
            shipment by fax. The Bill of Lading, invoice and packing list shall
            be faxed to the Buyer when it's available, followed with original
            copy courier to the Buyer's Representative Office in Beijing.

7.    Packing and Shipment.

      7.1   Package. Seaworthy packing, the Seller undertakes the packing is
            free from any mechanical, chemical, corrosion or other damage
            sustained during transport, handling, storage, erection or
            subsequent to erection.

      7.2   All components shall have a bar code or serial number, main
            component shall consist technical specification label on its back,
            detailed bar code or serial numbers of the components shall be seen
            outside the box or carton.

      7.3   Port of Loading: Xingang, Tianjin, China.

      7.4   Port of Destination: Seaport Germany.

--------------------
* INFORMATION INTENTIONALLY OMITTED; CONFIDENTIAL TREATMENT HAS BEEN REQUESTED
FOR SUCH INFORMATION, AND SUCH INFORMATION HAS BEEN SEPARATELY FILED WITH THE
SECURITIES AND EXCHANGE COMMISSION.

                                       2

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      7.5   The Seller shall at all times and at its own expense strictly comply
            with all applicable laws, rules, regulations and government orders,
            now or hereafter in effect, relating to the export with respect to
            the Products or its performance of this Agreement.

8.    The Seller shall responsible for the safety and free from any damages of
      the products prior the products on board. The Buyer shall responsible for
      the transportation insurance thereafter.

9.    Warranties and Technical Specification.

      9.1   The Seller/Manufacture warrants that all the product supplied to the
            Buyer, includes but not limited to all relevant accessories,
            devices, parts, connectors, cord and wires supplied to the Buyer
            and/or its principals are manufactured from approved materials that
            is fully comply with industry standard (IEC61215, CE and TUV safety
            Class II) and/or in accordance with the Buyers recommendations and
            will have a full warranted period of 60 months from the date of
            shipment for the replacement and exchange of affected product.

      9.2   The Seller/Manufacture shall only be liable for: (a) the cost of
            replacing the product, labor cost associated with the installation
            or removal of affected product; (b) the cost of obtaining equivalent
            product; (c) the cost of shipment and transportations for product
            exchange and replacement; or (d) the cost of having the project
            repaired, replaced, whichever is the lower.

      9.3   Specification. The specification of solar panel will be indicated in
            the labels. Power tolerance shall be (a) all positive (+%) for each
            container; and (b) -3%to+3% for each module within the same
            container.

      9.4   The Seller/Manufacture confirms and provides the Buyer with
            IEC61215, CE and TUV safety class II certifications. And any other
            certifications from time to time should there are any new changes or
            amendments to the Products.

      9.5   The Seller shall provide the Buyer flash-testing results of the
            products before each shipment. The reference panel for flash-testing
            shall be based on measurement of the Frauenhofer Institute in
            Germany.

      9.6   The Manufacturer represents and warrants to the Buyer that the solar
            panel to be free from any defects in the absence of misapplication,
            mis-installation or omission on the part of the Seller. Without
            prejudice to any other remedy available to the Buyer, the
            Manufacture promises that it shall provide free repair, replacement
            or buy-back from the customer on the date of purchase price within
            60 months from the date of the shipment which appears on the Bill of
            Lading. The Manufacture further guarantees that the output power of
            its PV module will reach 90% or above during the first 10 years from
            the date of installation, 80%

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            or above within 25 years from the date of installation, otherwise
            free replacement or buy-back according purchase price services will
            be provided by the Manufacture.

10.   General Terms.

      10.1  The Seller agrees not directly or engage any person, agent,
            associates, or consultant in sell, market or distribute the Products
            to the Buyer's principals or customers without obtain prior written
            consent from the Buyer.

      10.2  The Seller shall assist the Buyer in contact the Buyer's shipping
            forwarder ten days in advance of each shipment to ensure the
            shipment can be booked and collected by the Seller.

      10.3  Inspection before shipment. The Buyer or its duly authorized
            representative shall carry out inspection of the goods in the
            Manufacture's site, and shall issue a duplicate letter of inspection
            to the parties. If the Buyer or its representative fails to carry
            out the inspection three days prior the shipment, the Seller may
            deemed the goods has been duly inspected and satisfied by the Buyer,
            and the Seller can dispatch the shipment. The Buyer shall carry out
            further inspections whenever the Buyer feels it is appropriate or
            necessary.

      10.4  Each of the obligations, warranties and undertakings set out in this
            Agreement which is not fully performed at completion will continue
            in force after completion.

      10.5  Confidentiality. Neither party shall disclose the terms of this
            Agreement to any third party except as required by laws or as
            reasonable required to protect or enforce a party's rights. The
            disclosing party shall provide the other with prior written notice
            of any such required disclosure.

11.   Dispute Resolution. Any dispute or difference arising out of or in
      connection with this Agreement shall first be settled amicably between the
      parties. If the negotiation is abandoned by either party, then such
      dispute or difference shall be referred to and determined by arbitration
      at Hong Kong International Arbitration Center and in accordance with its
      Domestic Arbitration Rules.

12.   This Agreement shall in all respects is governed by and shall be
      interpreted in accordance with the Domestic Laws.

                                       4

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AS WITNESS the hands of the parties hereto the date first hereinbefore written.

SIGNATORIES

SIGNED by /s/ Liansheng Miao
          --------------------------------------------
Liansheng Miao, Chief Executive Officer for and on
behalf of
THE BUYER
in the presence of:

SIGNED by /s/ Tianyi Shi
          --------------------------------------------
Tianyi Shi
for and on behalf of
THE SELLER
in the presence of:

                                       5EX-10.29 SUPPLY AGREEMENT, DTED NOV 13, 2006

 

Exhibit 10.29

SUPPLY AGREEMENT

	 	 	 
	between

	 	Wacker Chemie AG
	 

	 	Hanns-Seidel-Platz 4
	 

	 	81737 Munich
	 

	 	Federal Republic of Germany
	 
	 	 
	 

	 	- hereinafter referred to as “WACKER” -
	 
	 	 
	and

	 	Tianwei Yingli New Energy Resources Co.Ltd
	 

	 	No. 3055 Middle Fuxing Road
	 

	 	Bao Ding City
	 

	 	P.R.China (071051)
	 
	 	 
	 

	 	- hereinafter referred to as “BUYER” -

Preamble

BUYER has requirements for polycrystalline Silicon. WACKER is willing to supply BUYER with
polycrystalline Silicon.

Now, therefore, in consideration of the foregoing and the mutual premises hereinafter contained,
WACKER and BUYER agree as follows:

	1.	 	Product

WACKER agrees to sell and deliver and BUYER agrees to purchase and take the polycrystalline Silicon
manufactured by WACKER as defined per specification set forth in Appendix A (hereinafter referred
to as “PRODUCT”).

	2.	 	Quantities
	 
	2.1	 	The BUYER shall make the agreed prepayment according to the payment schedule set forth in
Appendix A.
	 
	 	 	WACKER shall sell and deliver to BUYER and BUYER will purchase and take from WACKER the
annual quantities of PRODUCT set forth in Appendix A.
	 
	3.	 	Prices / Payment Terms
	 
	3.1	 	The prices for the PRODUCT are set forth in Appendix A.
	 
	3.2	 	The prices under Section 3.1 above shall be firm until 31.12.2017 and only subject to change,
if the relevant energy price index, defined in Appendix C, increases or decreases

 

 

	 	 	by more than 20%. The agreed prices will be adjusted by the rate (Euro/kg) as specified in
the table in Appendix C.
	 
	3.3	 	WACKER shall invoice BUYER with each shipment of PRODUCT. BUYER shall pay such invoices net
within [l]* ([l]*) days from the date of such invoices.
	 
	4.	 	Delivery
	 
	4.1	 	PRODUCT shall be delivered FOB German seaport (Incoterms 2000).
	 
	4.2	 	All deliveries of PRODUCT are subject to WACKER’s General Conditions of Sale set forth in
Appendix B and hereby made part of this Agreement, provided, however, that if there is any
conflict between the terms of this Agreement and the said Conditions of Sale the terms of this
Agreement shall prevail.
	 
	4.3	 	The agreed annual quantities for the years 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016 and
2017 will be shipped in about equal monthly installments.
	 
	5.	 	Quality / Inspection and Testing
	 
	5.1	 	The PRODUCT supplied by WACKER shall conform to the specifications set forth in Appendix A.
	 
	5.2	 	It is understood and expressly agreed that the PRODUCT delivered by WACKER hereunder are
PRODUCTS of technical quality only and BUYER is exclusively responsible for fitness for
purpose, handling, use and application of the PRODUCT.
	 
	5.3	 	Upon receipt of each shipment of PRODUCT BUYER shall inspect the PRODUCT. Unless BUYER
notifies WACKER within [l]* ([l]*) days after the arrival of the
shipment at Buyer’s premises or warehouse, that it does not conform to the quantity ordered or
WACKER’s certificate of quality does not conform to the specifications set forth in Appendix
A, said shipment shall be deemed to have been delivered as ordered and WACKER’s certificate of
quality shall be deemed to conform to the specifications.
	 
	6.	 	Warranty/Liability
	 
	6.1	 	WACKER warrants solely that the PRODUCT delivered shall conform to the specifications set
forth in Appendix A. Except for the warranty provided above, WACKER disclaims any and all
other express or implied warranties with respect to the PRODUCT, and any warranty of
merchantability or fitness for a particular purpose is expressly disclaimed.

 

			
	*	 	Information intentionally omitted; confidential
treatment has been requested for such information, and such information has
been separately filed with the Securities and Exchange Commission.

 

 

	6.2	 	BUYER’s exclusive remedy and WACKER’s sole obligation for any claim or cause of action
arising under this Agreement because of defective PRODUCT is expressly limited to either (i)
the replacement of non-conforming PRODUCT or the repayment of the purchase price of the
respective quantity of PRODUCT; OR (ii) payment not to exceed the purchase price of the
specific quantity of PRODUCT for which damages are claimed. Any remedy is subject to BUYER
giving WACKER notice as provided for in Section 5.3.
	 
	6.3	 	The parties agree that the remedies provided in this Agreement are adequate and that except
as provided for above, neither party shall be liable to the other, whether directly or by way
of indemnity or contribution for special, incidental, consequential or other damages arising
from the breach of any obligation hereunder or for any other reason whatsoever, including
actions for tort, strict or product liability, patent or trademark infringement except as
provided for herein.
	 
	7.	 	Confidentiality
	 
	7.1	 	BUYER may use all the information disclosed by WACKER under this Agreement only for the
purposes contemplated herein.
	 
	7.2	 	BUYER agrees to keep secret such information and to take the necessary measures to prevent
any disclosure to third parties.
	 
	7.3	 	BUYER is responsible for assuring that secrecy is maintained by its employees and agents.
	 
	7.4	 	The secrecy obligation does not apply to information

	 	–	 	where BUYER can prove that is was known to BUYER prior to its receipt;
	 
	 	–	 	which is or has become generally available to the public prior to its receipt;
	 
	 	–	 	which is or has become generally available to the public without being the
result of a breach of this Agreement;
	 
	 	–	 	which is in accordance with information BUYER received or got access to from an
entitled person without any obligation of secrecy;
	 
	 	–	 	where WACKER approved the disclosure in a particular case in writing.

	7.5	 	The secrecy obligation shall survive the term of this Agreement.
	 
	8.	 	Security Interest
	 
	 	 	BUYER hereby grants WACKER a continuing security interest in any PRODUCT and in the proceeds
(including proceeds of sale or insurance) until the entire purchase price for the PRODUCT
currently or previously sold to BUYER is paid and until all late payment interest, legal
fees and expenses required to enforce WACKER’s rights and any costs,
expenses, taxes or other charges required to be paid by BUYER to WACKER have been paid in
full. BUYER specifically agrees that WACKER may file one or more financing statements or
other documents and take all necessary or appropriate in order to create, perfect, preserve
or enforce WACKER’s security interest in the PRODUCT pursuant to

 

 

	 	 	the Uniform Commercial Code and other applicable law, and hereby grants to WACKER a power of attorney to execute such
statements or documents in BUYER’s name. WACKER’s reasonable costs and expenses (including,
but not limited to, attorney’s fees and expenses for pursuing, searching for, receiving,
taking, keeping, storing, advertising and selling the PRODUCT shall be paid by BUYER who
shall remain liable for any deficiency resulting from a sale of the PRODUCT and shall pay
any deficiency forthwith on demand. The requirement of reasonable notice of sale shall be
met if such notice is mailed and addressed to BUYER at its last address appearing on
WACKER’s records at least 30 days prior to the date of sale.
	 
	9.	 	Force Majeure
	 
	9.1	 	If either party should be prevented or restricted directly or indirectly by an event of Force
Majeure as hereinafter defined from performing all or any of its obligations under this
Agreement, the party so affected will be relieved of performance of its obligations hereunder
during the period that such event and its consequences will continue, but only to the extent
so prevented, and will not be liable for any delay or failure in the performance or any of its
obligations hereunder or loss or damage whether direct, general, special or consequential
which the other party may suffer due to or resulting from such delay or failure, provided
always that prompt notice is given by the affected party to the unaffected party by facsimile
or telephone of the occurrence of the event constituting the Force Majeure, together with
details thereof and an estimate of the period of time for which it will continue.
	 
	9.2	 	The term Force Majeure shall include without limitation strike, labor dispute, lock out,
fire, explosion, flood, war (accident), act of god or any other cause beyond the reasonable
control of the affected party, whether similar or dissimilar to the causes enumerated above.
	 
	10.	 	Assignment
	 
	 	 	This Agreement or any part thereof is not assignable by either party without the prior
written consent of the other party.
	 
	11.	 	Entire Agreement
	 
	11.1	 	This Agreement constitutes the whole agreement between the parties as to the subject matter
thereof and no agreements, representations or warranties between the parties other than those
set out herein are binding on the parties.
	 
	11.2	 	No waiver, alteration, or modification of this Agreement shall be valid unless made in
writing and signed by authorized representatives of the parties.
	 
	12.	 	Severability
	 
	 	 	In the event, any provision of this Agreement shall be declared invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining provisions shall
not in any way be affected or impaired thereby.

 

 

	13.	 	Headings
	 
	 	 	The headings of the articles of this Agreement are inserted for convenience only and shall
not be deemed to constitute a part of this Agreement or to affect the construction hereof.
	 
	14.	 	Duration / Termination
	 
	14.1	 	This Agreement will commence on the 01.01.2007 and will endure for a defined period of 11
(eleven) years.
	 
	15.	 	Applicable Law/ Jurisdiction
	 
	 	 	This Agreement shall be construed and the legal relations between the parties hereto shall
be determined in accordance with the laws of Germany; the application of the 1980 United
Nations Convention on Contracts for the International Sale of Goods is expressly excluded.
	 
	 	 	Exclusive place of jurisdiction shall be Munich.

	 	 	 	 	 
	Wacker Chemie AG	 	Tianwei Yingli New Energy Resources Co. Ltd
	WACKER POLYSILICON	 	 
	 
	 	 	 	 
	Date: November 13, 2006	 	Date: November 13, 2006
	 
	 	 	 	 
	/s/
Ewald Shindlbeck

	 	/s/ Reimund Huber
	 	/s/ Liansheng Miao
	 	 	 
	Ewald Schindlbeck 

President

	 	Reimund Huber

Director Marketing & Sales	 	 

 

 

Appendix A

Solarqrade Polysilicon

Specification PCL-NCS (B)

	 	 	 	 	 
	 	 	 	 	Price EURO/kg
	Calendar year	 	Annual quantity (kg)	 	FOB German Seaport
	2009

	 	[l]*
	 	[l]*
	2010

	 	[l]*
	 	[l]*
	2011

	 	[l]*
	 	[l]*
	2012

	 	[l]*
	 	[l]*
	2013

	 	[l]*
	 	[l]*
	2014

	 	[l]*
	 	[l]*
	2015

	 	[l]*
	 	[l]*
	2016

	 	[l]*
	 	[l]*
	2017

	 	[l]*
	 	[l]*

Prepayment schedule

The BUYER will prepay the amount of [l]* Euro/kg for the total above agreed contract
quantity. The invoices, regarding deliveries up to the annual agreed quantity, will be reduced by
[l]* Euro/kg with each shipment. So WACKER’s invoice will state the above agreed prices
on the invoice, but will make note, that the BUYER has only to pay the invoice amount reduced by
[l]* Euro/kg. [l]* uro/kg of the prepayment remain at WACKER.

Regarding to the agreed annual quantities the total prepayment amount of Euro [l]*  
([l]*) has to be paid according to the following schedule on the account of Wacker
Chemie AG:

January 5th, 2007           Euro [l]*   ([l]*)

In case the BUYER does fail to take the full amount of the agreed annual quantity in one respective
calendar year, WACKER does not have to repay the not absorbed outstanding prepayment (regarding the
respective calendar year), BUYER also doesn’t have the right to set this prepayment against
deliveries of the following year.

 

			
	*	 	Information intentionally omitted; confidential
treatment has been requested for such information, and such information has
been separately filed with the Securities and Exchange Commission.

 

 

Appendix B

General Conditions of Sale

	1.	 	Generally:

All our supplies and services as well as all contracts concluded with us are exclusively subject to
the following conditions of sale. Terms of the Purchaser which contradict or which deviate from
our sales terms and which are not expressly recognised by us are not valid even if we do not
expressly object to them. Where a continuing business relationship exists, all future contracts,
supplies and services are also subject to our conditions of sale.

	2.	 	Offer, Conclusion of Contract:

Our offers are subject to change and non-binding. Orders are only valid if confirmed by us in
writing or if recognised by us through the act of delivery. Any additional verbal agreements,
supplements and modifications are also only valid if confirmed in writing.

	3.	 	Delivery, Default:
	 
	3.1	 	Unless otherwise agreed, any dates quoted for delivery are non-binding.
	 
	3.2	 	We are entitled to make partial deliveries as far as the Purchaser must reasonably accept
this in the circumstances of an individual case. The corresponding invoices issued are
payable without regard to whether complete delivery has been made.
	 
	3.3	 	In the event delivery is delayed, the Purchaser may set us a reasonable grace period with the
notice that he rejects the acceptance of the delivery item after expiry of the grace period.
After the expiry of the grace period, the Purchaser is entitled to cancel the contract of sale
through written notice or to request damages instead of performance.
	 
	 	 	At our request the Purchaser is obligated to state within a reasonable period whether he
cancels the contract due to delay in delivery, seeks damages instead of performance or
insists on performance.
	 
	3.4	 	Our liability is set forth in para. 9. Furthermore in the event of slight negligence, our
liability is limited to the invoice value of the respective delivery item.
	 
	4.	 	Return of loan packaging:

In the event of delayed return (meaning in the event normal uploading times are exceeded) of
loading equipment, loading banks and other loan packaging we reserve the right to charge the
Purchaser for the costs incurred by us.

	5.	 	Prices:
	 
	5.1	 	Unless otherwise expressly agreed, prices are quoted “ex works” excluding packaging and plus
delivery and shipping costs as well as plus any applicable Value Added Tax.

 

 

	5.2	 	The prices valid on the day of dispatch shall apply.

Should the latter be higher than the contractual price, the Purchaser is entitled to cancel the
contract with regard to the quantities still to be delivered. Cancellation shall be made within 14
days after notification of said price increase.

	6.	 	Payment:
	 
	6.1	 	The payment shall be made in Euro to one of our bank accounts indicated on the reverse side.
	 
	6.2	 	Should Purchaser be in arrears with payment, interest for default shall be due and payable at
12%, but at least 8% above the respective base interest rate. We reserve the right to claim
further damages. If the interest we claim is higher than the statutory interest for delayed
payment, the Purchaser has the right to demonstrate lower damages just as we have the right to
show that greater damages were incurred.
	 
	6.3	 	Should Purchaser be in arrears with payment or should there be reasonable doubts as to
Purchaser’s solvency or credit rating, we are – without prejudice to our other rights –
entitled to require payment in advance for deliveries not yet made, and to require immediate
payment of all our claims arising from the business relation.
	 
	6.4	 	Bills of exchange and cheques shall be accepted upon separate agreement and only by way of
payment. All expenses incurred in this regard shall be borne by the Purchaser.
	 
	6.5	 	Only uncontested or legally proved claims shall entitle the Purchaser to set-off or withhold
payment.
	 
	7.	 	Force Majeure:

Events of Force Majeure, in particular strikes, lock outs, operation or transport interruptions,
including at our suppliers, shall suspend the contractual obligations of each party for the period
of the disturbance and to the extent of its effects. Should the delays caused exceed a period of 6
weeks, both parties shall be entitled to cancel the contract, with respect to the contractual
performance affected by such delays. No other claims exist.

	8.	 	Quality:
	 
	8.1	 	All our data, especially data relating to product suitability, processing and use, as well as
to technical support, have been compiled to the best of our knowledge. The Purchaser,
however, must still perform his own inspections and preliminary trials.
	 
	8.2	 	The Purchaser undertakes to examine the goods immediately after delivery with respect to any
defects concerning quality and suitability of purpose and object to ascertainable defects.
Sample testing shall also be performed if this can be reasonably expected of the Purchaser.
Failure to proceed in aforesaid manner shall result in the goods being regarded as accepted.

 

 

	8.3	 	Complaints must be made within 8 days after receipt of the goods. In case of hidden faults,
however, complaints are to be made immediately on discovery, within one year after receipt at
the very latest. Said claims shall only be taken into consideration if and when made in
writing and with the relevant documentation attached. To comply with the time limit it shall
be sufficient if the complaint is sent in good time.
	 
	8.4	 	We are not liable on the basis of public statements by us, the manufacturer or his agents, if
we were not aware of the statement or were not required to have knowledge thereof, the
statement was already corrected at the time of the purchase decision or the Purchaser cannot
show that the statement influenced his purchase decision.
	 
	8.5	 	We are not liable for defects which only marginally reduce the value or the suitability of
the object. A marginal defect exists in particular if the defect can be removed by the
Purchaser himself with insignificant effort.
	 
	8.6	 	If the Purchaser requests replacement performance due to a defect, we may choose whether we
remove the defect ourselves or deliver a defect-free object as a replacement. The right to
reduce the price or cancel the contract in the event of unsuccessful replacement performance
shall remain unaffected.
	 
	8.7	 	Where complaints are justified, the goods may only be returned to us at our expense if after
we receive notice of the defect we do not offer to collect or dispose of the goods.
	 
	8.8	 	If increased costs arise because the Purchaser has transferred the goods to a place other
than his commercial place of business, we shall charge the Purchaser for the increased costs
in connection with the remedying of the defect, unless the transfer corresponds to the
designated use of the object.
	 
	8.9	 	Damage and claims for reimbursement of expenses shall remain unaffected as far as not
excluded by para. 9.
	 
	8.10	 	All claims due to a defect are subject to a limitation period of one year after delivery of
the object. No warranty is made for used objects. The statutory limitation period for
objects which are used for a building structure in accordance with their usual manner of use,
and which cause the defectiveness thereof, shall remain unaffected.
	 
	8.11	 	The rights of the Purchaser under §§ 478, 479 German Civil Code remain unaffected.
	 
	9.	 	Liability:

Our liability is excluded, regardless of the legal grounds.

This shall not apply in the event of intentional actions or gross negligence by us or our legal
representatives or agents or in the event of breach of material contractual duties.

In the event of a slightly negligent breach of material contractual duties, our liability is
limited to twice the invoice value of the respective delivery item. For damages due to delayed
performance para. 3.4 shall also apply. Our liability for damages due to injury to life, the body
or health, the

 

 

liability based on a guarantee and under mandatory statutory provisions, in particular the Product
Liability Act, remain unaffected.

	10.	 	Reservation of Ownership:
	 
	10.1	 	The goods that have been sold remain our sole property until all outstanding debts arising
from the business connection with the Purchaser have been paid in full. The Purchaser has
power of disposal of the purchased goods in the ordinary course of business, or he may process
the goods until revocation by us.
	 
	10.2	 	Reservation of ownership and power of disposal, as laid down in clause 10.1, also apply to
the full value of the manufactured goods produced by processing, mixing and blending or
combining our goods. In each case we qualify as the manufacturer. In cases where the goods
are processed, mixed and blended or combined with those of a third party, and where the
reservation of the latter continues to apply, then we acquire joint ownership in proportion to
the invoice value of those processed goods. If security rights of a third party are in fact
or in law below that share, the difference will be to our benefit.
	 
	10.3	 	If the Purchaser resells our goods to third parties he hereby assigns the entire resulting
payment claim – or in the amount of our joint share therein (see para. 10.2) – to us. In the
event the parties agree on a current account, the respective balance amounts shall be
assigned. However, the Purchaser shall be entitled to collect such payment claim on our
behalf until we revoke such right or until his payments are discontinued. The Purchaser is
only authorized to make assignment of these claims – even only for the purpose of collection
by way of factoring – with our express written consent.
	 
	10.4	 	The Purchaser shall immediately give notice to us if any third party raises any claim with
respect to such goods or claims which are owned by us.
	 
	10.5	 	If the value of the collateral exceeds our accounts receivable by more than 20% then we will
release collateral on demand and at our discretion.
	 
	10.6	 	We are also entitled to take back goods on the basis of the reservation of title, even if we
have not previously cancelled the contract. If products are taken back by way of the exercise
of the reservation of ownership, this shall not constitute cancellation of the contract.
	 
	10.7	 	If the laws of the country in which the goods are located after delivery do not permit the
Vendor to retain the title to said goods, but allow the retention of other similar rights to
the delivery item, the Purchaser shall provide us with such other equivalent right. The
Purchaser undertakes to assist us in the fulfilment of any form requirements necessary for
such purpose.
	 
	11.	 	Place of Fulfilment, Applicable Law and Jurisdiction:
	 
	11.1	 	The originating point of the goods shall, in each case, be the place of fulfilment for the
delivery. Munich shall be the place of fulfilment for payment.

 

 

	11.2	 	Exclusively the laws of the Federal Republic of Germany shall apply between the parties. The
application of the 1980 United Nations Convention on Contracts for the International Sale of
Goods is expressly excluded.
	 
	11.3	 	If the Purchaser is a merchant or does not have a general place of jurisdiction in Germany,
the place of jurisdiction is Munich. We shall, however, have the right to also bring a claim
against the Purchaser at his general place of jurisdiction.

Munich, 15th May 2002

 

 

Appendix C, page 1 of 2

Relevant Energy Price Index:

“BAFA Grenzübergangspreis” for natural gas

Source:

http://www.bmwi.de/BMWi/Navigation/Energie/Energiestatistiken/energiestatistiken,did=53736.html

Evaluation periods:

– Arithmetic mean value out of 6 months

– April to September for price adjustment of 1st half of the following year

– October to March for price adjustment of 2nd half of year

– Basis evaluation period: April 2006 – September 2006

Price Adjustment Table:

CB ... Index value of Basis evaluation period

CN ... Index value of New evaluation period

	 	 	 
	CN/CB (%)	 	Price Adjustment EURO / kg
	< - 60 %

	 	[l]*
	< - 40 %

	 	[l]*
	< - 20 %

	 	[l]*
	 
	> + 20 %

	 	[l]*
	> + 40 %

	 	[l]*
	> + 60 %

	 	[l]*
	> + 80%

	 	[l]*
	etc.

	 	etc.

On the following example for the calculation of the price adjustment the procedure is explained in
more detail.

 

			
	*	 	Information intentionally omitted; confidential
treatment has been requested for such information, and such information has
been separately filed with the Securities and Exchange Commission.

 

 

Appendix C, page 2 of 2

Example for calculation of price adjustment

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00124-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00124-of-00352.parquet"}]]