Document:

Exhibit
      4.7

     

    NEITHER
      THESE SECURITIES NOR THE SECURITIES ISSUABLE UPON EXERCISE OF THESE SECURITIES
      HAVE BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE
      SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN EXEMPTION FROM
      REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES
      ACT"), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN
      EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO AN
      AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
      REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH APPLICABLE STATE
      SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO THE TRANSFEROR
      TO
      SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY ACCEPTABLE TO THE
      COMPANY. THESE SECURITIES AND THE SECURITIES ISSUABLE UPON EXERCISE OF THESE
      SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT SECURED
      BY SUCH SECURITIES. 

     

    CHINA
      SOLAR & CLEAN ENERGY SOLUTIONS, INC.

     

    WARRANT

     

    Original
      Issue Date: February 29, 2008

     

    China
      Solar & Clean Energy Solutions, Inc., a Nevada corporation (the "Company"),
      hereby
      certifies that, as partial compensation for placement agent services,
      ____________ or its registered assigns (the "Holder"),
      is
      entitled to purchase from the Company up to a total of ____________________
      (______)
      shares
      of Common Stock (each such share, a "Warrant
      Share"
      and all
      such shares, the "Warrant
      Shares"),
      at any
      time and from time to time from and after the Original Issue Date and through
      and including February 28, 2013 (the "Expiration
      Date"),
      and
      subject to the following terms and conditions:

     

    1.  Definitions.
      As used
      in this Warrant, the following terms shall have the respective definitions
      set
      forth in this Section 1. 

     

    "Affiliate"
      means
      any Person that, directly or indirectly through one or more intermediaries,
      controls or is controlled by or is under common control with a Person, as such
      terms are used in and construed under Rule 144.

     

    "Business
      Day"
      means
      any day except Saturday, Sunday and any day which is a federal legal holiday
      or
      a day on which banking institutions in the State of New York are authorized
      or
      required by law or other governmental action to close.

     

    "Common
      Stock"
      means
      the common stock of the Company, par value $0.001 per share, and any securities
      into which such common stock may hereafter be reclassified.

     

    "Exchange
      Act"
      means
      the Securities Exchange Act of 1934, as amended. 

     

    "Exercise
      Price" means
      $2.88, subject to adjustment in accordance with Section 9.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    "Fundamental
      Transaction"
      means
      any of the following: (1) the Company effects any merger or consolidation of
      the
      Company with or into another Person, (2) the Company effects any sale of all
      or
      substantially all of its assets in one or a series of related transactions,
      (3)
      any tender offer or exchange offer (whether by the Company or another Person)
      is
      completed pursuant to which holders of Common Stock are permitted to tender
      or
      exchange their shares for other securities, cash or property, or (4) the Company
      effects any reclassification of the Common Stock or any compulsory share
      exchange pursuant to which the Common Stock is effectively converted into or
      exchanged for other securities, cash or property.

     

    “New
      York Courts”
      means
      the state and federal courts sitting in the City of New York, Borough of
      Manhattan.

     

    “Original
      Issue Date”
      means
      the Original Issue Date first set forth on the first page of this
      Warrant.

     

    "Person"
      means an
      individual or corporation, partnership, trust, incorporated or unincorporated
      association, joint venture, limited liability company, joint stock company,
      government (or an agency or subdivision thereof) or other entity of any
      kind.

     

    "Rule
      144"
      means
      Rule 144 promulgated by the Securities and Exchange Commission pursuant to
      the
      Securities Act, as such Rule may be amended from time to time, or any similar
      rule or regulation hereafter adopted by the Securities and Exchange Commission
      having substantially the same effect as such Rule.

     

    "Securities
      Act"
      means
      the Securities Act of 1933, as amended.

     

    “Subsidiary”
      means
      any “significant subsidiary” as defined in Rule 1-02(w) of the Regulation S-X
      promulgated by the Securities and Exchange Commission under the Exchange
      Act.

     

    "Trading
      Day"
      means
      (i) a day on which the Common Stock is traded on a Trading Market (other than
      the OTC Bulletin Board), or (ii) if the Common Stock is not listed on a Trading
      Market (other than the OTC Bulletin Board), a day on which the Common Stock
      is
      traded in the over-the-counter market, as reported by the OTC Bulletin Board,
      or
      (iii) if the Common Stock is not quoted on any Trading Market, a day on which
      the Common Stock is quoted in the over-the-counter market as reported by the
      Pink Sheets, LLC (or any similar organization or agency succeeding to its
      functions of reporting prices); provided, that in the event that the Common
      Stock is not listed or quoted as set forth in (i), (ii) and (iii) hereof, then
      Trading Day shall mean a Business Day.

     

    "Trading
      Market"
      means
      whichever of the New York Stock Exchange, the American Stock Exchange, the
      NASDAQ Global Select Market, the NASDAQ Global Market, the NASDAQ Capital Market
      or OTC Bulletin Board on which the Common Stock is listed or quoted for trading
      on the date in question.

     

    "Warrant
      Shares" means
      the
      shares of Common Stock issuable upon exercise of this Warrant.

     

    2.  Registration
      of Warrant.
      The
      Company shall register this Warrant upon records to be maintained by the Company
      for that purpose (the "Warrant
      Register"),
      in the
      name of the record Holder hereof from time to time. The Company may deem and
      treat the registered Holder of this Warrant as the absolute owner hereof for
      the
      purpose of any exercise hereof or any distribution to the Holder, and for all
      other purposes, absent actual notice to the contrary.

     

    3.  Registration
      of Transfers.
      The
      Company shall register the transfer of any portion of this Warrant in the
      Warrant Register, upon surrender of this Warrant, with the Form of Assignment
      attached hereto duly completed and signed, to the Company at its address
      specified herein. Upon any such registration or transfer, a new Warrant to
      purchase Common Stock, in substantially the form of this Warrant (any such
      new
      Warrant, a "New
      Warrant"),
      evidencing the portion of this Warrant so transferred shall be issued to the
      transferee and a New Warrant evidencing the remaining portion of this Warrant
      not so transferred, if any, shall be issued to the transferring Holder. The
      acceptance of the New Warrant by the transferee thereof shall be deemed the
      acceptance by such transferee of all of the rights and obligations of a holder
      of a Warrant. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    4.  Exercise
      and Duration of Warrants.
      This
      Warrant shall be exercisable by the registered Holder at any time and from
      time
      to time on or after the Original Issue Date through and including the Expiration
      Date. At 6:30 p.m., New York City time on the Expiration Date, the portion
      of
      this Warrant not exercised prior thereto shall be and become void and of no
      value. The Company may not call or redeem any portion of this Warrant without
      the prior written consent of the affected Holder. 

     

    5.  Delivery
      of Warrant Shares.

     

    (a)  To
      effect
      exercises hereunder, the Holder shall not be required to physically surrender
      this Warrant unless the aggregate Warrant Shares represented by this Warrant
      is
      being exercised. Upon delivery of the Exercise Notice (in the form attached
      hereto) to the Company (with the attached Warrant Shares Exercise Log) at its
      address for notice set forth herein and upon payment of the Exercise Price
      multiplied by the number of Warrant Shares that the Holder intends to purchase
      hereunder, the Company shall promptly (but in no event later than five Trading
      Days after the Date of Exercise (as defined herein)) issue and deliver to the
      Holder, a certificate for the Warrant Shares issuable upon such exercise. The
      Company shall, upon request of the Holder and subsequent to the date on which
      a
      registration statement covering the resale of the Warrant Shares has been
      declared effective by the Securities and Exchange Commission, use its reasonable
      best efforts to deliver Warrant Shares hereunder electronically through the
      Depository Trust Corporation or another established clearing corporation
      performing similar functions, if available, provided,
      that,
      the Company may, but will not be required to change its transfer agent if its
      current transfer agent cannot deliver Warrant Shares electronically through
      the
      Depository Trust Corporation. A "Date
      of Exercise"
      means
      the date on which the Holder shall have delivered to the Company: (i) the
      Exercise Notice (with the Warrant Exercise Log attached to it), appropriately
      completed and duly signed and (ii) if such Holder is not utilizing the cashless
      exercise provisions set forth in this Warrant, payment of the Exercise Price
      for
      the number of Warrant Shares so indicated by the Holder to be
      purchased.

     

    (b)  If
      by the
      third Trading Day after a Date of Exercise the Company fails to deliver the
      required number of Warrant Shares in the manner required pursuant to Section
      5(a), then the Holder will have the right to rescind such exercise.

     

    (c)  If
      by the
      third Trading Day after a Date of Exercise the Company fails to deliver the
      required number of Warrant Shares in the manner required pursuant to Section
      5(a), and if after such third Trading Day and prior to the receipt of such
      Warrant Shares, the Holder purchases (in an open market transaction or
      otherwise) shares of Common Stock to deliver in satisfaction of a sale by the
      Holder of the Warrant Shares which the Holder anticipated receiving upon such
      exercise (a "Buy-In"),
      then
      the Company shall (1) pay in cash to the Holder the amount by which (x) the
      Holder's total purchase price (including brokerage commissions, if any) for
      the
      shares of Common Stock so purchased exceeds (y) the amount obtained by
      multiplying (A) the number of Warrant Shares that the Company was required
      to
      deliver to the Holder in connection with the exercise at issue by (B) the
      closing bid price of the Common Stock on the Date of Exercise and (2) at the
      option of the Holder, either reinstate the portion of the Warrant and equivalent
      number of Warrant Shares for which such exercise was not honored or deliver
      to
      the Holder the number of shares of Common Stock that would have been issued
      had
      the Company timely complied with its exercise and delivery obligations
      hereunder. The Holder shall provide the Company written notice indicating the
      amounts payable to the Holder in respect of the Buy-In. 

     

    (d)  The
      Company's obligations to issue and deliver Warrant Shares in accordance with
      the
      terms hereof are absolute and unconditional, irrespective of any action or
      inaction by the Holder to enforce the same, any waiver or consent with respect
      to any provision hereof, the recovery of any judgment against any Person or
      any
      action to enforce the same, or any setoff, counterclaim, recoupment, limitation
      or termination, or any breach or alleged breach by the Holder or any other
      Person of any obligation to the Company or any violation or alleged violation
      of
      law by the Holder or any other Person, and irrespective of any other
      circumstance which might otherwise limit such obligation of the Company to
      the
      Holder in connection with the issuance of Warrant Shares. Nothing herein shall
      limit a Holder's right to pursue any other remedies available to it hereunder,
      at law or in equity including, without limitation, a decree of specific
      performance and/or injunctive relief with respect to the Company's failure
      to
      timely deliver certificates representing Warrant Shares upon exercise of the
      Warrant as required pursuant to the terms hereof.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    6.  Charges,
      Taxes and Expenses.
      Issuance and delivery of Warrant Shares upon exercise of this Warrant shall
      be
      made without charge to the Holder for any issue or transfer tax, withholding
      tax, transfer agent fee or other incidental tax or expense in respect of the
      issuance of such certificates, all of which taxes and expenses shall be paid
      by
      the Company; provided, however, that the Company shall not be required to pay
      any tax which may be payable in respect of any transfer involved in the
      registration of any certificates for Warrant Shares or Warrants in a name other
      than that of the Holder. The Holder shall be responsible for all other tax
      liability that may arise as a result of holding or transferring this Warrant
      or
      receiving Warrant Shares upon exercise hereof.

     

    7.  Replacement
      of Warrant.
      If this
      Warrant is mutilated, lost, stolen or destroyed, the Company shall issue or
      cause to be issued in exchange and substitution for and upon cancellation
      hereof, or in lieu of and substitution for this Warrant, a New Warrant, but
      only
      upon receipt of evidence reasonably satisfactory to the Company of such loss,
      theft or destruction and customary and reasonable indemnity (which shall not
      include a surety bond), if requested. Applicants for a New Warrant under such
      circumstances shall also comply with such other reasonable regulations and
      procedures and pay such other reasonable third-party costs as the Company may
      prescribe. If a New Warrant is requested as a result of a mutilation of this
      Warrant, then the Holder shall deliver such mutilated Warrant to the Company
      as
      a condition precedent to the Company’s obligation to issue the New
      Warrant.

     

    8.  Reservation
      of Warrant Shares.
      The
      Company covenants that it will at all times reserve and keep available out
      of
      the aggregate of its authorized but unissued and otherwise unreserved Common
      Stock, solely for the purpose of enabling it to issue Warrant Shares upon
      exercise of this Warrant as herein provided, the number of Warrant Shares which
      are then issuable and deliverable upon the exercise of this entire Warrant,
      free
      from preemptive rights or any other contingent purchase rights of Persons other
      than the Holder (taking into account the adjustments and restrictions of Section
      9). The Company covenants that all Warrant Shares so issuable and deliverable
      shall, upon issuance and the payment of the applicable Exercise Price in
      accordance with the terms hereof, be duly and validly authorized, issued and
      fully paid and nonassessable.

     

    9.  Certain
      Adjustments.
      The
      Exercise Price and number of Warrant Shares issuable upon exercise of this
      Warrant are subject to adjustment from time to time as set forth in this Section
      9.

     

    (a)  Stock
      Dividends and Splits.
      If the
      Company, at any time while this Warrant is outstanding, (i) pays a stock
      dividend on its Common Stock or otherwise makes a distribution on any class
      of
      capital stock that is payable in shares of Common Stock, (ii) subdivides
      outstanding shares of Common Stock into a larger number of shares, or (iii)
      combines outstanding shares of Common Stock into a smaller number of shares,
      then in each such case the Exercise Price shall be multiplied by a fraction
      of
      which the numerator shall be the number of shares of Common Stock outstanding
      immediately before such event and of which the denominator shall be the number
      of shares of Common Stock outstanding immediately after such event. Any
      adjustment made pursuant to clause (i) of this paragraph shall become effective
      immediately after the record date for the determination of stockholders entitled
      to receive such dividend or distribution, and any adjustment pursuant to clause
      (ii) or (iii) of this paragraph shall become effective immediately after the
      effective date of such subdivision or combination.

     

    (b)  Fundamental
      Transactions.
      If, at
      any time while this Warrant is outstanding there is a Fundamental Transaction,
      then the Holder shall have the right thereafter to receive, upon exercise of
      this Warrant, the same amount and kind of securities, cash or property as it
      would have been entitled to receive upon the occurrence of such Fundamental
      Transaction if it had been, immediately prior to such Fundamental Transaction,
      the holder of the number of Warrant Shares then issuable upon exercise in full
      of this Warrant (the "Alternate
      Consideration").
      For
      purposes of any such exercise, the determination of the Exercise Price shall
      be
      appropriately adjusted to apply to such Alternate Consideration based on the
      amount of Alternate Consideration issuable in respect of one share of Common
      Stock in such Fundamental Transaction, and the Company shall apportion the
      Exercise Price among the Alternate Consideration in a reasonable manner
      reflecting the relative value of any different components of the Alternate
      Consideration. If holders of Common Stock are given any choice as to the
      securities, cash or property to be received in a Fundamental Transaction, then
      the Holder shall be given the same choice as to the Alternate Consideration
      it
      receives upon any exercise of this Warrant following such Fundamental
      Transaction. At the Holder's option and request, any successor to the Company
      or
      surviving entity in such Fundamental Transaction shall issue to the Holder
      a new
      warrant substantially in the form of this Warrant and consistent with the
      foregoing provisions and evidencing the Holder's right to purchase the Alternate
      Consideration for the aggregate Exercise Price upon exercise thereof. The terms
      of any agreement pursuant to which a Fundamental Transaction is effected shall
      include terms requiring any such successor or surviving entity to comply with
      the provisions of this paragraph (b) and insuring that the Warrant (or any
      such
      replacement security) will be similarly adjusted upon any subsequent transaction
      analogous to a Fundamental Transaction. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (c)  Number
      of Warrant Shares.
      Simultaneously with any adjustment to the Exercise Price pursuant to this
      Section 9 the number of Warrant Shares that may be purchased upon exercise
      of
      this Warrant shall be increased or decreased proportionately, so that after
      such
      adjustment the aggregate Exercise Price payable hereunder for the adjusted
      number of Warrant Shares shall be the same as the aggregate Exercise Price
      in
      effect immediately prior to such adjustment.

     

    (d)  Calculations.
      All
      calculations under this Section 9 shall be made to the nearest cent or the
      nearest 1/100th
      of a
      share, as applicable. The number of shares of Common Stock outstanding at any
      given time shall not include shares owned or held by or for the account of
      the
      Company, and the disposition of any such shares shall be considered an issue
      or
      sale of Common Stock.

     

    (e)  Notice
      of Adjustments.
      Upon
      the occurrence of each adjustment pursuant to this Section 9, the Company at
      its
      expense will promptly compute such adjustment in accordance with the terms
      of
      this Warrant and prepare a certificate setting forth such adjustment, including
      a statement of the adjusted Exercise Price and adjusted number or type of
      Warrant Shares or other securities issuable upon exercise of this Warrant (as
      applicable), describing the transactions giving rise to such adjustments and
      showing in detail the facts upon which such adjustment is based. Upon written
      request, the Company will promptly deliver a copy of each such certificate
      to
      the Holder and to the Company's Transfer Agent.

     

    (f)  Notice
      of Corporate Events.
      If the
      Company (i) declares a dividend or any other distribution of cash, securities
      or
      other property in respect of its Common Stock, including without limitation
      any
      granting of rights or warrants to subscribe for or purchase any capital stock
      of
      the Company or any Subsidiary, (ii) authorizes or approves, enters into any
      agreement contemplating or solicits stockholder approval for any Fundamental
      Transaction or (iii) authorizes the voluntary dissolution, liquidation or
      winding up of the affairs of the Company, then the Company shall deliver to
      the
      Holder a notice describing the material terms and conditions of such transaction
      (but only to the extent such disclosure would not result in the dissemination
      of
      material, non-public information to the Holder) at least 10 calendar days prior
      to the applicable record or effective date on which a Person would need to
      hold
      Common Stock in order to participate in or vote with respect to such
      transaction, and the Company will take all steps reasonably necessary in order
      to insure that the Holder is given the practical opportunity to exercise this
      Warrant prior to such time so as to participate in or vote with respect to
      such
      transaction; provided, however, that the failure to deliver such notice or
      any
      defect therein shall not affect the validity of the corporate action required
      to
      be described in such notice.

     

    10.  Payment
      of Exercise Price.
      The
      Holder may pay the Exercise Price in one of the following manners:

     

    (a)  Cash
      Exercise.
      The
      Holder may deliver immediately available funds; or

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (b)  Cashless
      Exercise.
      The
      Holder may notify the Company in an Exercise Notice of its election to utilize
      cashless exercise, in which event the Company shall issue to the Holder the
      number of Warrant Shares determined as follows:

     

    X
      = Y
      [(A-B)/A]

     

    where:

     

    X
      = the
      number of Warrant Shares to be issued to the Holder.

     

    Y
      = the
      number of Warrant Shares with respect to which this Warrant is being
      exercised.

     

    A
      = the
      average of the closing prices for the five Trading Days immediately prior to
      (but not including) the Date of Exercise.

     

    B
      = the
      Exercise Price.

     

    The
      holder of this Warrant may
      not
make
      a
      Cashless Exercise (i)
      during the twelve (12) months following the Original Issue Date and (ii)
      thereafter if the resale of the Warrant Shares by the Holder of the Warrant
      Shares is covered by
      an
      effective registration statement.
      For
      purposes of Rule 144 promulgated under the Securities Act, it is intended,
      understood and acknowledged that the Warrant Shares issued in a cashless
      exercise transaction shall be deemed to have been acquired by the Holder, and
      the holding period for the Warrant Shares shall be deemed to have commenced,
      on
      the date this Warrant was originally issued. 

     

    11.  Limitations
      on Exercise.
      Notwithstanding anything to the contrary contained herein, the number of Warrant
      Shares that may be acquired by the Holder upon any exercise of this Warrant
      (or
      otherwise in respect hereof) shall be limited to the extent necessary to insure
      that, following such exercise (or other issuance), the total number of shares
      of
      Common Stock then beneficially owned by such Holder and its Affiliates and
      any
      other Persons whose beneficial ownership of Common Stock would be aggregated
      with the Holder's for purposes of Section 13(d) of the Exchange Act, does not
      exceed 9.99% of the total number of issued and outstanding shares of Common
      Stock (including for such purpose the shares of Common Stock issuable upon
      such
      exercise). For such purposes, beneficial ownership shall be determined in
      accordance with Section 13(d) of the Exchange Act and the rules and regulations
      promulgated thereunder. This provision shall not restrict the number of shares
      of Common Stock which a Holder may receive or beneficially own in order to
      determine the amount of securities or other consideration that such Holder
      may
      receive in the event of a Fundamental Transaction as contemplated in Section
      9
      of this Warrant. This restriction may not be waived. Notwithstanding anything
      to
      the contrary contained in this Warrant, (a) no term of this Section may be
      waived by any party, nor amended such that the threshold percentage of ownership
      would be directly or indirectly increased, (b) this restriction runs with the
      Warrant and may not be modified or waived by any subsequent holder hereof and
      (c) any attempted waiver, modification or amendment of this Section will be
      void ab initio.

     

    12.  No
      Fractional Shares.
      No
      fractional shares of Warrant Shares will be issued in connection with any
      exercise of this Warrant. In lieu of any fractional shares which would,
      otherwise be issuable, the Company shall pay cash equal to the product of such
      fraction multiplied by the closing price of one Warrant Share as reported by
      the
      applicable Trading Market on the date of exercise.

     

    13.  Notices.
      Any and
      all notices or other communications or deliveries hereunder (including, without
      limitation, any Exercise Notice) shall be in writing and shall be deemed given
      and effective on the earliest of (i) the date of transmission, if such notice
      or
      communication is delivered via facsimile at the facsimile number specified
      in
      this Section prior to 6:30 p.m. (New York City time) on a Trading Day, (ii)
      the
      next Trading Day after the date of transmission, if such notice or communication
      is delivered via facsimile at the facsimile number specified in this Section
      on
      a day that is not a Trading Day or later than 6:30 p.m. (New York City time)
      on
      any Trading Day, (iii) the Trading Day following the date of mailing, if sent
      by
      nationally recognized overnight courier service, or (iv) upon actual receipt
      by
      the party to whom such notice is required to be given. The addresses for such
      communications shall be: (i) if to the Company, to 1 Shuang Qiang Road ,
      Jinzhou, Dalian 116100, People's Republic of China, Attn: President, or to
      facsimile no.: [
      ]
      (or such
      other address as the Company shall indicate in writing in accordance with this
      Section), or (ii) if to the Holder, to the address or facsimile number appearing
      on the Warrant Register or such other address or facsimile number as the Holder
      may provide to the Company in accordance with this Section.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    14.  Warrant
      Agent.
      The
      Company shall serve as warrant agent under this Warrant. Upon 10 days' notice
      to
      the Holder, the Company may appoint a new warrant agent. Any corporation into
      which the Company or any new warrant agent may be merged or any corporation
      resulting from any consolidation to which the Company or any new warrant agent
      shall be a party or any corporation to which the Company or any new warrant
      agent transfers substantially all of its corporate trust or shareholders
      services business shall be a successor warrant agent under this Warrant without
      any further act. Any such successor warrant agent shall promptly cause notice
      of
      its succession as warrant agent to be mailed (by first class mail, postage
      prepaid) to the Holder at the Holder's last address as shown on the Warrant
      Register.

     

    15.  Miscellaneous.

     

    (a)  This
      Warrant shall be binding on and inure to the benefit of the parties hereto
      and
      their respective successors and assigns. Subject to the preceding sentence,
      nothing in this Warrant shall be construed to give to any Person other than
      the
      Company and the Holder any legal or equitable right, remedy or cause of action
      under this Warrant. This Warrant may be amended only in writing signed by the
      Company and the Holder and their successors and assigns. The foregoing sentence
      shall be subject to the restrictions on waivers and amendments set forth in
      Section 11 of this Warrant.

     

    (b)  All
      questions concerning the construction, validity, enforcement and interpretation
      of this Warrant shall be governed by and construed and enforced in accordance
      with the internal laws of the State of New York, without regard to the
      principles of conflicts of law thereof. Each party agrees that all legal
      proceedings concerning the interpretations, enforcement and defense of this
      Warrant and the transactions herein contemplated (“Proceedings”)
      (whether brought against a party hereto or its respective Affiliates, employees
      or agents) shall be commenced exclusively in the New York Courts. Each party
      hereto hereby irrevocably submits to the exclusive jurisdiction of the New
      York
      Courts for the adjudication of any dispute hereunder or in connection herewith
      or with any transaction contemplated hereby or discussed herein, and hereby
      irrevocably waives, and agrees not to assert in any Proceeding, any claim that
      it is not personally subject to the jurisdiction of any New York Court, or
      that
      such Proceeding has been commenced in an improper or inconvenient forum. Each
      party hereto hereby irrevocably waives personal service of process and consents
      to process being served in any such Proceeding by mailing a copy thereof via
      registered or certified mail or overnight delivery (with evidence of delivery)
      to such party at the address in effect for notices to it under this Warrant
      and
      agrees that such service shall constitute good and sufficient service of process
      and notice thereof. Nothing contained herein shall be deemed to limit in any
      way
      any right to serve process in any manner permitted by law. Each party hereto
      hereby irrevocably waives, to the fullest extent permitted by applicable law,
      any and all right to trial by jury in any legal proceeding arising out of or
      relating to this Warrant or the transactions contemplated hereby. If either
      party shall commence a Proceeding to enforce any provisions of this Warrant,
      then the prevailing party in such Proceeding shall be reimbursed by the other
      party for its attorney’s fees and other costs and expenses incurred with the
      investigation, preparation and prosecution of such Proceeding.

     

    (c)  The
      headings herein are for convenience only, do not constitute a part of this
      Warrant and shall not be deemed to limit or affect any of the provisions
      hereof.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (d)  In
      case
      any one or more of the provisions of this Warrant shall be invalid or
      unenforceable in any respect, the validity and enforceability of the remaining
      terms and provisions of this Warrant shall not in any way be affected or
      impaired thereby and the parties will attempt in good faith to agree upon a
      valid and enforceable provision which shall be a commercially reasonable
      substitute therefor, and upon so agreeing, shall incorporate such substitute
      provision in this Warrant.

     

    (e)  Prior
      to
      exercise of this Warrant, the Holder hereof shall not, by reason of being a
      Holder, be entitled to any rights of a stockholder with respect to the Warrant
      Shares.

     

    [REMAINDER
      OF PAGE INTENTIONALLY LEFT BLANK,

    SIGNATURE
      PAGE FOLLOWS]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the Company has caused this Warrant to be duly executed by
      its
      authorized officer as of the date first indicated above.

     

    
      	 	 	 
	 	
              CHINA
                SOLAR & CLEAN ENERGY SOLUTIONS, INC 

            
	 
 	 
 	 
 
	
            	By:  	
            
	 	
              
Name:AGREEMENT

       

      THIS
        AGREEMENT is made and entered into this 10th day of April, 2008 by and between
        CTI Industries Corporation, an Illinois corporation having its principal
        place
        of business at 22160 N. Pepper Road, Lake Barrington, Illinois 60010 (“CTI”) and
        Babe Winkelman Productions, Inc., a Minnesota corporation having its principal
        address at 7119 Forthun Road, Baxter, Minnesota 56425 (“BWP”).

      

      WHEREAS,
        CTI is engaged in the production, marketing and sale, among other things,
        of a
        product line including a plastic bag incorporating a zippered closure and
        a
        valve for evacuating air from the bag by a portable vacuum pump (the “Product”);
        the product is marketed and sold under the brand name and trademark
        ZipVacTM.

      

      WHEREAS,
        BWP is engaged in advertising and public relations, hosting
        nationally-syndicated television programs, production of television commercials,
        personal appearances, featuring Babe and Kris Winkelman.

      

      WHEREAS,
        CTI wishes to engage BWP to provide advertising and public relations services,
        produce commercials, and promote the ZipVac product and brand and to obtain
        the
        license and right to use the name and likeness of Babe and Kris Winkelman
        on and
        in connection with packaging and promotional materials related to the ZipVac
        product and brand.

      

      NOW,
        THEREFORE, in consideration of the premises, and of the covenants and conditions
        hereinafter contained, the parties hereto agree as follows:

      

      1. Retention.
        CTI
        hereby retains BWP to provide services to CTI as provided herein for the
        term
        provided. BWP accepts such retention and agrees to provide the services provided
        herein for the term.

      

      2. Services.
        BWP
        agrees that, during the term herein, it shall provide the following services
        to
        CTI:

      

      2.1 BWP
        shall
        produce three commercials featuring the ZipVac Product and Babe and Kris
        Winkelman, the first commercial to be completed by approximately April 30,
        2008
        and additional commercials to be produced at the rate of approximately one
        per
        week thereafter. The content of the commercials shall be as the parties shall
        agree. All of the production costs of the commercials shall be borne by
        CTI.

      

      2.2 BWP
        shall
        produce one Kris’ Kitchen segment for the BWP shows featuring Babe and Kris
        Winkelman which will feature the uses of the ZipVac Product line and include
        a
        demonstration of the Zip Vac Product.

       

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

       

      2.3 BWP
        shall
        provide air time for broadcast of the commercials at the time of the BWP
        shows “
Good Fishing” and “Outdoor Secrets” in each of 58 weeks of the
        shows.

      

      2.4 ZipVac
        will be identified as a sponsor of the Kris’ Kitchen segment of the
        shows.

      

      2.5 ZipVac
        will be included in:

      

      (a)
        Billboards for Kris’ Kitchen “Brought to you by ZipVac”

      

      (b)
        Credit rolls at show end

      

      (c)
        Product Wrap (when applicable-highlighting products used during the
        show)

      

      2.6 The
        ZipVac logo will be placed on the sponsor page on www.winkelman.com
        with a
        reciprocating link to www.zip-vac.com.
        The
        ZipVac logo will also be included on the Kris’ Kitchen portion of the
        website.

      

      2.7 Babe
        Winkelman and Kris Winkelman shall be available upon reasonable notice from
        time
        to time for personal appearances in connection with the promotion of the
        ZipVac
        Product line. Charges for such personal appearances shall be $3,000 per day
        for
        Babe Winkelman and $2,000 per day for Kris Winkelman, plus reimbursement
        for all
        transportation, lodging and meal expenses associated with such
        appearances.

      

      2.8 Babe
        Winkelman and Kris Winkelman will include reference to the ZipVac Product
        in two
        columns written by them for print circulation.

      

      2.9 BWP
        will
        provide access to BWP marketing professionals to develop cross-promotion
        opportunities.

      

      2.10 The
        series programs will include editorial and visual support of the ZipVac Product
        line in applicable episodes.

      

      3. Certain
        Provisions and Covenants.

      

      3.1 CTI
        shall
        provide to BWP one BETA SP tape of each commercial message CTI wishes to
        air
        with rotation dates and frequency ratios if more than one commercial message
        is
        to air. Such tapes shall be provided to BWP within 20 days after completion
        of
        production thereof by BWP.

      

      3.2 CTI
        warrants to BWP that the commercial announcements made by CTI in any commercial
        message do not infringe the copyrights, trademarks or trade names of any
        third
        party and do not include any libel or slander. BWP reserves the right not
        to
        produce, and not to accept for airing, any material that it reasonably
        determines is indecent, violent or morally offensive.

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      3.3 BWP
        shall
        handle the insertion of CTI’s commercial message and make placement thereof in
        accordance with instructions from CTI, or in the absence of such instruction,
        at
        its discretion.

      

      3.4 BWP
        shall
        provide to CTI proof of airing of the commercial announcements and a post-airing
        analysis of household deliveries upon request.

      

      3.5 BWP
        represents and warrants that it has the sole and exclusive right to telecast
        series during the term of this Agreement, that its is solely liable for full
        payment of all costs associated with the series and that the series will
        be
        ready for telecast for each season.

      

      4. License.
        BWP
        grants to CTI the license and right to use the name, image, likeness and
        testimonies of Babe and Kris Winkelman on and in connection with ZipVac
        packaging, advertising (print and broadcast), on-line and in other promotional
        materials during the term of this Agreement. The license granted herein shall
        be
        subject to the following terms:

      

      4.1 Definition
        of Terms.
        For
        purposes of this paragraph 3, the following terms shall have the meaning
        provided herein:

      

      (a) “Net
        Revenues” shall mean the gross receipts of CTI from the sale of the Product
        during the Term hereof, less (i) any and all discounts or allowances, including
        without limitation advertising or slotting fees or allowances, (ii) returns,
        (iii) freight charges, (iv) taxes or duties.

      

      (b) “Product”
        shall mean and include the product line identified as the Product and related
        products sold by CTI under the ZipVac brand.

      

      (c) “Royalty”
        shall mean the fee payable to BWP with respect to Net Revenues of CTI from
        the
        sale of the Product during the Term.

      

      4.2 Royalty.
        CTI
        shall pay to BWP a Royalty at the rate of Three (3%) of Net Revenues. The
        amount
        of the Royalty shall be determined and paid on a calendar quarterly basis
        during
        the term. The amount of the Royalty earned during any calendar quarter during
        the Term shall be payable on or before the 30th
        day
        following the last day of such calendar quarter.

      

      4.3 Statements.
        CTI
        shall prepare and provide to BWP a report for each calendar quarter during
        the
        Term which shall include: (i) Net Revenue of CTI for the quarter and (ii)
        the
        amount of Royalties accrued and payable for the quarter. Such report shall
        be
        provided to BWP on or before 30 days after the last day of each
        quarter.

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      4.4 Right
        to Review.
        During
        the Term and for a period of six months after the expiration of the Term
        or
        termination of this Agreement, no more often than once in a six month period,
        BWP, or its authorized representative, shall have the right, upon ten (10)
        days
        written notice to CTI to inspect the records of CTI relating to the sale
        of
        Product. CTI shall retain all records relating to the sale of Product during
        the
        Term and for a period of one year from the date of expiration of the Term
        or
        termination of this Agreement.

      

      4.5 Use
        of
        Rights.
        CTI’s
        right and license to use the name, image, likeness or testimony of Babe or
        Kris
        Winkelman shall be subject, in each event to the consent of BWP, which consent
        shall not unreasonably be withheld, when the intended use shall be consistent
        with the intent and terms of the license granted herein. With respect to
        each
        proposed use of the rights granted to CTI hereunder, CTI shall give thirty
        (30)
        days advance written notice of such intended use to BWP, such notice to include:
        (i) when the use shall be on printed material, a sample of such material
        and
        (ii) when the use shall be on video, a sample of the video. In the even that
        BWP
        shall fail to give notice to CTI within thirty (30) days after the date of
        such
        notice from CTI with respect to any intended use, BWP shall be deemed to
        have
        consented to such use.

      

      4.6 Limitation
        of Rights.
        CTI
        shall receive and be entitled solely to the right and license expressly granted
        herein and shall not receive, own or have any right, title or interest in
        or to
        the name, image, likeness or testimony of Babe or Chris Winkelman or of any
        trademark, tradename, copyright or other intellectual property right of BWP
        or
        of Babe or Kris Winkelman except as expressly provided herein, for the Term
        provided herein. Upon the termination of this Agreement for any reason, or
        the
        expiration of the Term of this Agreement, the right and license granted to
        CTI
        herein shall terminate and CTI shall have no further rights with respect
        thereto; provided, however, that CTI shall have the right, for a period of
        90
        days from the date of such termination or expiration to sell or dispose of
        any
        and all packaging or promotional materials bearing the name, image, likeness
        or
        testimony of Babe or Kris Winkelman, subject to and on the terms and conditions
        provided herein.

      

      5. Stock.
        In
        consideration of the services to be performed hereunder, the air time for
        commercials provided and the license granted herein, CTI hereby agrees to
        issue
        and deliver to BWP 50,000 shares of the common stock of CTI (“Shares”), subject
        to and on the following terms and conditions:

      

      5.1 The
        Shares shall be earned, and BWP’s right to own, hold and dispose of the Shares
        as earned shall vest at the times and in the amount of shares as set forth
        below:

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      
        On
          or
          After   Aggregate
          No. of Shares

        

        July
          1,
          2008   6,250

        

        October
          1, 2008    12,500

        

        January
          1, 2009       18,750

        

        April
          1,
          2009      25,000

        

        July
          1,
          2009   31,250

        

        October
          1, 2009        37,500

        

        January
          1, 2010        
43,750

        

            April
          1,
          2010      50,000

      

       

      5.2 In
        the
        even that CTI or BWP shall terminate this Agreement pursuant to paragraph
        6.3
        hereof, the right of BWP with respect to any Shares not then earned as of
        the
        date of such termination shall terminate, certificates for such shares shall
        be
        cancelled and BWP shall have no right or interest in such Shares.

      

      5.3 In
        connection with the issuance to BWP of the option herein, BWP hereby represents,
        warrants and agrees as follows:

      

      (a) BWP
        acknowledges that the Shares are being issued without registration under
        the
        Securities Act of 1933, as amended (the “Act”), in reliance upon Section 4(2) of
        the Act and the rules and regulations promulgated by the Securities and Exchange
        Commission (“SEC”) thereunder in a transaction not involving any public
        offering, and that such reliance is based in part upon the representations
        and
        warranties set forth herein.

      

      (b) BWP
        represents and warrants that it is an “accredited investor” as defined in Rule
        501 of Regulation D under the Act.

      

      (c) BWP
        acknowledges that CTI is a reporting company under the Securities Exchange
        Act
        of 1934, that BWP has received and reviewed the reports of CTI filed with
        the
        SEC, including its reports on Form 10-K, 10-Q and 8-K and that BWP is fully
        informed concerning the business and financial condition of CTI and the risk
        factors associated with an investment in the common stock of CTI;

      

      (d) BWP
        is
        acquiring the Shares, solely for its own account, for investment, and not
        with a
        view to the distribution or resale thereof. BWP further represents and warrants
        that its financial condition is such that BWP is not under any present necessity
        or constraint to dispose of such securities to satisfy any existing or
        contemplated debt or undertaking.

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      (e) BWP
        has
        not offered or sold the Shares within the meaning of the Act. BWP does not
        have
        in mind any sale of such securities, either currently or after the passage
        of a
        fixed or determinable period of time or upon the occurrence or non-occurrence
        of
        any predetermined event or circumstance. BWP has no present or contemplated
        agreement, undertaking, arrangement, obligation, indebtedness or commitment
        providing for or which is likely to compel a disposition of such securities.
        BWP
        is not aware of any circumstances presently in existence which are likely
        in the
        future to promote a disposition of the securities.

      

      (f) BWP
        confirms its understanding and agrees as follows:

      

      (i) The
        certificates evidencing any of the Shares shall bear substantially the following
        legend:

      

      “The
        securities represented by this certificate have not been registered under
        the
        Securities Act of 1933 or any state securities law. No transfer or sale of
        these
        securities, or any interest therein, may be made except in connection with
        an
        effective registration statement under the Act, unless the issuer has receive
        an
        opinion of counsel that such transfer does not require registration under
        the
        Act or the transfer shall be made in accordance with Rule 144 promulgated
        under
        the Act.”

      

      (ii)
         Appropriate
        transfer restrictions regarding such securities shall be noted in the records
        of
        CTI and the transfer agent.

       

      6. Term
        and Termination.

      

      6.1 This
        Agreement shall be for a term commencing on April 1, 2008 and expiring on
        March
        31, 2011 (“Term”).

      

      6.2 An
        Event
        of Default with respect to a party shall mean and include:

      

      (i) the
        failure by such party to perform any obligation of that party provided herein
        to
        be performed, or a violation by the party of a provision hereof, and the
        failure
        of such party to cure such failure to perform or violation within thirty
        (30)
        days after notice to such party shall have been given specifying the failure
        to
        perform or violation;

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      (ii) the
        series “Good Fishing” or “Outdoor Secrets” shall be cancelled;

      

      (iii)
         the
        death
        or incapacity of Babe Winkelman.

      

      6.3 In
        the
        event of an Event of Default with respect to a party, the other party shall
        be
        entitled to terminate this Agreement upon thirty (30) days written
        notice.

      

      7. Indemnification.

      

      7.1 CTI
        shall
        defend, indemnify and hold BWP harmless from and against any damage (including
        incidental and consequential damages), expense (including reasonable attorneys’
fees), loss, lawsuit, claim, demand or liability arising out of (i) any breach
        of by CTI of its obligations herein or violation of any of its representations
        or warranties herein or (ii) bodily injury or property damage arising from
        the
        sale or use of the ZipVac Products.

      

      7.2 BWP
        shall
        defend, indemnify and hold CTI harmless from and against any damage (including
        incidental and consequential damages), expense (including reasonable attorneys’
fees), loss, lawsuit, claim, demand or liability arising out of any breach
        of by
        BWP of its obligations herein or violation of any of its representations
        or
        warranties herein.

      

      8. General
        Provisions

      

      8.1 This
        Agreement and the relationship of the parties hereunder is governed by and
        interpreted in accordance with the internal laws of the State of Minnesota
        without regard to its principles of conflict of laws.

      

      8.2
        This
        Agreement is not modified or supplemented by any agreement or representation
        that is not contained in this document. Modifications or supplements to the
        Agreement must be agreed to in writing and signed by the parties.

      

      8.3 The
        rights and duties under this Agreement are not assignable or delegable by
        either
        party without the other party's prior written consent.

      

      8.4 Waiver
        by
        either party of nonperformance or any breach of this Agreement does not
        constitute a waiver of any subsequent nonperformance or other breach of the
        same
        or any other provision.

      

      8.5 Notices
        must be in writing and must be sent to the recipient at the address set forth
        at
        the beginning of this Agreement. Either party may change the address to which
        notice must be given by written notice to the other party. Notices are effective
        upon receipt or 5 days after sending, whichever comes first, if the notice
        is
        sent by an overnight delivery service or if mailed postage prepaid, certified
        or
        registered mail, return receipt requested.

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

       

      8.6 If
        any
        provision of this Agreement is held to be invalid, the validity of the remainder
        of the Agreement will not be affected, and the rights and obligations of
        the
        parties will be construed and enforced as if the Agreement did not contain
        the
        invalid provision. The provisions of this Agreement are severable.

      

      8.7 This
        Agreement and the documents referred to herein constitute the entire agreement
        between the parties relating to the subject matter of this Agreement. It
        supersedes any other agreement between the parties relating to this subject
        matter.

      

      IN
        WITNESS WHEREOF, the parties hereto have executed this Agreement as of the
        day
        and year first above written.

       

      
        	 	 	 
	 	CTI
                INDUSTRIES CORPORATION
	 
 	 
 	 
 
	 	By:  	/s/ John H. Schwan
	 	
                

                John
                  H. Schwan

                Chairman

              
	 	
                 

              

        	 	 	 
	 	BABE
                WINKELMAN
                PRODUCTIONS, INC.
	 
 	 
 	 
 
	 	By:  	/s/
                Mike Weinkauf
	 	
                

                Mike
                  Weinkauf

                President

              
	 	
                 

              

      

       

      
        
          
          

        

        
          8

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