Document:

ex10_2.htm

    
      

    

    Exhibit
10.2

    

    NEITHER
THE SECURITIES REPRESENTED BY THIS CERTIFICATE NOR THE SHARES ISSUABLE UPON
EXERCISE HEREOF HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED (THE ASECURITIES
ACT@)
OR THE SECURITIES LAWS OF ANY STATE.  NEITHER THE SECURITIES
REPRESENTED HEREBY MAY BE SOLD, TRANSFERRED, PLEDGED OR OTHERWISE DISPOSED NOR
MAY THE SHARES BE ISSUED UPON EXERCISE UNLESS SUCH SECURITIES AND SHARES ARE
REGISTERED UNDER THE SECURITIES ACT AND APPLICABLE STATE SECURITIES LAWS OR THE
COMPANY RECEIVES AN OPINION OF COUNSEL ACCEPTABLE TO THE COMPANY THAT SUCH SALE,
TRANSFER, PLEDGE OR ISSUANCE IS EXEMPT FROM REGISTRATION.

    

    SINO
CLEAN ENERGY, INC.

    

    Non-statutory
Stock Option Agreement

    

    1.            
Grant of
Option. This Non-statutory Stock Option Agreement (the “Agreement”)
evidences the grant by Sino Clean Energy, Inc., a Nevada corporation (the “Company”),
on December 15, 2008 (the “Grant
Date”) to Hon Wan Chan, also known as Helice Chan, an officer of the
Company (the “Optionee”),
of an option (the “Option”)
to purchase, in whole or in part, on the terms provided herein, a total of
100,000 shares (the “Shares”)
of common stock, $0.001 par value per share, of
the Company (“Common
Stock”) at an exercise price equal to the last reported sale price per
Share in the over-the-counter market on the Grant Date, as reported by the
Financial Industry Regulatory Authority’s OTC Bulletin Board, the National
Quotation Bureau Incorporated or any similar organization or agency reporting
prices in the over-the-counter market per Share.  Unless earlier
terminated, this Option shall expire at 5:00 p.m., Eastern time, on December 14,
2010 (the “Final Exercise
Date”).

     

            It
is intended that the Option evidenced by this Agreement shall not be an
incentive stock option as defined in Section 422 of the Internal Revenue Code of
1986, as amended, and any regulations promulgated thereunder (the “Code”).  Except
as otherwise indicated by the context, the term “Optionee”,
as used in this Option, shall be deemed to include any person who acquires the
right to exercise this Option validly under its terms.

    

    2.           
 Vesting
Schedule. The Option shall vest and the Shares shall be subject to
exercise commencing on the Grant Date.  The right of exercise shall be
cumulative so that to the extent the Option is not exercised in any period to
the maximum extent permissible it shall continue to be exercisable, in whole or
in part, with respect to all Shares for which it is vested until the earlier of
the Final Exercise Date or the termination of this Option under Section 3
hereof.

    

    3.           
 Exercise
of Option.

    

    a.           Form of
Exercise. Each election to exercise this Option shall be in writing in
the form of the Notice of Exercise attached hereto as Appendix A, signed by
the Optionee, and received by the Company at its principal office, accompanied
by this Agreement, and payment in full by a check or money order made payable to
the Company in the amount of the exercise price and any withholding tax, as
provided under Section 5 hereof.  The Optionee may purchase less than
the number of shares covered hereby, provided that no partial exercise of this
Option may be for any fractional share.

    

    b.           Continuous
Relationship with the Company Required. Except as otherwise provided in
this Section 3, this Option may not be exercised unless the Optionee, at
the time he or she exercises this Option, is, and has been at all times since
the Grant Date, an employee, officer or director of, or consultant or advisor
to, the Company or any parent or subsidiary of the Company.

    

    c.           Termination
of Relationship with the Company.  If the Optionee ceases to
have continuous relationship with the Company as described in paragraph (b)
above for any reason, then, except as provided in paragraphs (d) and (e)
below, the right to exercise this Option shall terminate three (3) months after
such cessation (but in no event after the Final Exercise Date), provided that this Option
shall be exercisable only to the extent that the Optionee was entitled to
exercise this Option on the date of such cessation.  Notwithstanding
the foregoing, if the Optionee, prior to the Final Exercise Date, violates the
non-competition or confidentiality provisions of any employment contract,
confidentiality and nondisclosure agreement or other agreement between the
Optionee and the Company, the right to exercise this Option shall terminate
immediately upon written notice to the Optionee from the Company describing such
violation.

    
      
         

      

      
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    d.           Exercise
Period Upon Death or Disability.  If the Optionee dies or
becomes disabled (within the meaning of Section 22(e)(3) of the Code) prior
to the Final Exercise Date while he or she has a continuous relationship with
the Company as described in paragraph (b) above and the Company has not
terminated such relationship for Cause as specified in paragraph (e) below, this
Option shall be exercisable, within the period of twelve (12) months following
the date of death or disability of the Optionee, by the Optionee (or in the case
of death by an authorized transferee), provided that this Option
shall be exercisable only to the extent that this Option was exercisable by the
Optionee on the date of his or her death or disability, and further provided
that this Option shall not be exercisable after the Final Exercise
Date.

    

    e.           Discharge
for Cause.  If the Optionee, prior to the Final Exercise Date,
is discharged by the Company for Cause (as defined below), the right to exercise
this Option shall terminate immediately upon the effective date of such
discharge. “Cause”
means, in each case, as reasonably determined by the Company’s Board of
Directors and which determination shall be conclusive: (i) conviction of, or
entry of a pleading of guilty or no contest by, Executive with respect to a
felony or any lesser crime of which fraud or dishonesty is a material element;
(ii) Executive's willful dishonesty towards the Company; (iii) Executive's
willful and continued failure to perform substantially all of his duties with
the Company, or a failure to follow the lawful direction of the Board after the
Board delivers a written demand for substantial performance and Executive
neglects to cure such a failure to the reasonable satisfaction of the Board
within five (5) business days following receipt of such written demand; (iv)
Executive's knowing and intentional failure to comply with applicable laws with
respect to the execution of the Company's business operations or his material
breach of this Agreement; (v) Executive's theft, fraud, embezzlement, dishonesty
or similar conduct which has resulted or is likely to result in material damage
to the Company or any subsidiaries and Affiliate; or (vi) Executive's habitual
intoxication or continued abuse of illegal drugs which materially interferes
with Executive's ability to perform his assigned duties and
responsibilities.  The Optionee shall be considered to have been
discharged for Cause if the Company’s Board of Directors determines, within
thirty (30) days after the Optionee’s resignation, that discharge for cause was
warranted.

    

    4.         
   Company
Right of First Refusal.

    

    a.           Notice of
Proposed Transfer.  If the Optionee proposes to sell, assign,
transfer, pledge, hypothecate or otherwise dispose of, by operation of law or
otherwise (collectively, “Transfer”)
any Shares acquired upon exercise of this Option, then the Optionee shall first
give written notice of the proposed transfer (the “Transfer
Notice”) to the Company.  The Transfer Notice shall name the
proposed transferee and state the number of such Shares the Optionee proposes to
transfer (the “Offered
Shares”), the price per share and all other material terms and conditions
of the transfer.

    

    b.           Company
Right to Purchase.  For thirty (30) days following its receipt
of such Transfer Notice, the Company shall have the option to purchase all or
part of the Offered Shares at the price and upon the terms set forth in the
Transfer Notice. In the event the Company elects to purchase all or part of the
Offered Shares, it shall give written notice of such election to the Optionee
within such 30-day period.  Within ten (10) days after his receipt of
such notice, the Optionee shall tender to the Company at its principal offices
the certificate or certificates representing the Offered Shares to be purchased
by the Company, duly endorsed in blank by the Optionee or with duly endorsed
stock powers attached thereto, all in a form suitable for transfer of the
Offered Shares to the Company.  Promptly following receipt of such
certificate or certificates, the Company shall deliver or mail to the Optionee a
check in payment of the purchase price for such Offered Shares; provided that if the terms of
payment set forth in the Transfer Notice were other than cash against delivery,
the Company may pay for the Offered Shares on the same terms and conditions as
were set forth in the Transfer Notice; and provided further that any
delay in making such payment shall not invalidate the Company’s exercise of its
option to purchase the Offered Shares.

    

    c.           Shares
Not Purchased By Company.  If the Company does not elect to
acquire all of the Offered Shares, the Optionee may, within the 30-day period
following the expiration of the option granted to the Company under subsection
(b) above, transfer the Offered Shares which the Company has not elected to
acquire to the proposed transferee, provided that such transfer
shall not be on terms and conditions more favorable to the transferee than those
contained in the Transfer Notice.  Notwithstanding any of the above,
all Offered Shares transferred pursuant to this Section 4 shall remain subject
to the right of first refusal set forth in this Section 4 and such transferee
shall, as a condition to such transfer, deliver to the Company a written
instrument confirming that such transferee shall be bound by all of the terms
and conditions of this Section 4.

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

     

    d.            Consequences
of Non-Delivery.  After the time at which the Offered Shares
are required to be delivered to the Company for transfer to the Company pursuant
to subsection (b) above, the Company shall not pay any dividend to the Optionee
on account of such Offered Shares or permit the Optionee to exercise any of the
privileges or rights of a stockholder with respect to such Offered Shares, but
shall, in so far as permitted by law, treat the Company as the owner of such
Offered Shares.

    

    e.           
 Exempt
Transactions.  The following transactions shall be exempt from
the provisions of this Section 4:

    

    i.           Any
transfer of Shares to or for the benefit of any spouse, child or grandchild of
the Optionee, or to a trust for their benefit;

    

    ii.           Any
transfer pursuant to an effective registration statement filed by the Company
under the Securities Act of 1933, as amended (the “Securities Act”);
and

    

    iii.           The
sale of all or substantially all of the shares of capital stock of the Company
(including pursuant to a merger or consolidation);

    

    provided, however, that in the
case of a transfer pursuant to clause (i) above, such Shares shall remain
subject to the right of first refusal set forth in this Section 4 and such
transferee shall, as a condition to such transfer, deliver to the Company a
written instrument confirming that such transferee shall be bound by all of the
terms and conditions of this Section 4.

    

    f.            
Assignment
of Company Right.  The Company may assign its rights to
purchase Offered Shares in any particular transaction under this Section 4 to
one or more persons or entities.

    
 

    g.            Termination.  The
provisions of this Section 4 shall terminate upon the earlier of the following
events:

    

    i.           the
closing of the sale of shares of Common Stock in an underwritten public offering
pursuant to an effective registration statement filed by the Company under the
Securities Act; or

    

    ii.           the
sale of all or substantially all of the capital stock, assets or business of the
Company, by merger, consolidation, sale of assets or otherwise (other than a
merger or consolidation in which all or substantially all of the individuals and
entities who were beneficial owners of the Common Stock immediately prior to
such transaction beneficially own, directly or indirectly, more than 75% of the
outstanding securities entitled to vote generally in the election of directors
of the resulting, surviving or acquiring corporation in such
transaction).

    

    h.          
 No
Obligation to Recognize Invalid Transfer.  The Company shall
not be required (1) to transfer on its books any of the Shares which shall have
been sold or transferred in violation of any of the provisions set forth in this
Section 4, or (2) to treat as owner of such Shares or to pay dividends to any
transferee to whom any such Shares shall have been so sold or
transferred.

    

    i.            
Legends.  The
certificate representing Shares shall bear a legend substantially in the
following form (in addition to, or in combination with, any legend required by
applicable federal and state securities laws and agreements relating to the
transfer of the Company securities):

    "The shares represented by this
certificate are subject to a right of first refusal in favor of the Company, as
provided in a certain stock option agreement with the
Company."

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

    5.           
 Withholding.
No Shares will be issued pursuant to the exercise of this Option unless and
until the Optionee pays to the Company, or makes provision satisfactory to the
Company for payment of, any federal, state or local withholding taxes required
by law to be withheld in respect of this Option.

    

    6.           
 Compliance
with Laws and Regulations.

    

    a.           The
exercise of this Option and the issuance of the Shares upon such exercise shall
be subject to compliance by the Company and Optionee with all applicable
requirements of law relating thereto and with all applicable regulations of any
national securities exchange (or the Nasdaq Stock Market or the Over-the-Counter
Bulletin Board, if applicable) on which the Common Stock may be listed or quoted
for trading at the time of such exercise and issuance.

    

    b.           The
inability of the Company to obtain approval from any regulatory body having
authority deemed by the Company to be necessary to the lawful issuance and sale
of any Common Stock pursuant to this Option shall relieve the Company of any
liability with respect to the non-issuance or sale of the Common Stock as to
which such approval shall not have been obtained.  The Company,
however, shall use its best efforts to obtain all such approvals.

    

    7.            
Investment
Intent; Restrictions on Transfer.  Optionee represents and
agrees that if Optionee exercises this Option in whole or in part, Optionee will
in each case acquire the Shares upon such exercise for the purpose of investment
and not with a view to, or for resale in connection with, any distribution
thereof; and that upon such exercise of this Option in whole or in part,
Optionee (or any person or persons entitled to exercise this Option under the
provisions of Section 4 hereof) shall furnish to the Company a written statement
to such effect, satisfactory to the Company in form and substance. The Company,
at its option, may include a legend on each certificate representing Shares
issued pursuant to any exercise of this Option, stating in effect that such
Shares have not been registered under the Securities Act of 1933, as amended
(the “Act”), and that
the transferability thereof is restricted.  If the Shares represented
by this Option are registered under the Act, either before or after the exercise
of this Option in whole or in part, the Optionee shall be relieved of the
foregoing investment representation and agreement and shall not be required to
furnish the Company with the foregoing written statement.

    

    Optionee
further represents that Optionee has had access to the financial statements or
books and records of the Company, has had the opportunity to ask questions of
the Company concerning its business, operations and financial condition, and to
obtain additional information reasonably necessary to verify the accuracy of
such information, and further represents that Optionee has either such
experience and knowledge in investment, financial and business matters or has
investments similar to the stock of the Company such that Optionee is capable of
evaluating the merits and risks thereof and has the capacity to protect his or
her own interest in connection therewith.

    

    8.           
 Nontransferability
of Option. Subject to Section 4, this Option may not be sold, assigned,
transferred, pledged or otherwise encumbered by the Optionee, either voluntarily
or by operation of law, except by will or the laws of descent and distribution,
and, during the lifetime of the Optionee, this Option shall be exercisable only
by the Optionee.

    

    9.            
Optionee
Not a Shareholder.  Optionee shall have no rights as a
shareholder with respect to the Common Shares of the Company covered by this
Option until the date of issuance of a stock certificate or stock certificates
to her upon exercise of this Option.  No adjustment will be made for
dividends or other rights for which the record date is prior to the date such
stock certificate or certificates are issued.

    

    10.          
 No Right
to Employment.  Nothing in the Option granted hereby shall
interfere with or limit in any way the right of the Company to terminate
Optionee's employment or consulting at any time, nor confer upon Optionee any
right to continue in the employ of, or consult with, the Company.

    

    11.          
 Adjustment
in Option Shares.  Should any change
be made to the Common Stock by reason of any stock split, stock dividend,
recapitalization, combination of shares, exchange of shares, or other change
affecting the outstanding Common Stock as a class without the Company’s receipt
of consideration, appropriate adjustments shall be made to (i) the total number
and/or class of securities subject to this Option and (ii) the Exercise Price in
order to reflect such change and thereby preclude a dilution or enlargement of
benefits hereunder.

    
      
         

      

      
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    12.           Notices.  All
notices to the Company shall be addressed to the Chief Executive Officer at the
principal executive office of the Company, and all notices to Optionee shall be
addressed to Optionee at the address of Optionee on file with the Company, or to
such other address as either may designate to the other in writing.  A
notice shall be deemed to be duly given if and when enclosed in a properly
addressed sealed envelope deposited, postage prepaid, with the postal
service.  In lieu of giving notice by mail as aforesaid, written
notices under this Agreement may be given by personal delivery to Optionee or to
the Chief Executive Officer (as the case may be).

    

    13.           Applicable
Law.  This Agreement has been granted, executed and delivered
in the State of Nevada, and the interpretation and enforcement shall be governed
by the laws thereof and subject to the exclusive jurisdiction of the courts
therein.

    

    

    IN
WITNESS WHEREOF, the Company has caused this Option to be executed under its
corporate seal by its duly authorized officer.  This Option shall take
effect as a sealed instrument.

    

     

    
      
        	 	SINO CLEAN ENERGY,
      INC	 
	 	 	 	 
	
                Dated:
      __________, 200_    

              	
                By:
      

              	 	 
	 	 	Baowen
      Ren	 
	 	 	Chief
      Executive Officer	 
	 	 	 	 

      

    

    

    
      
         

      

      
        -5-

        
          

        

      

      
         

      

    

    APPENDIX
A

    

    NOTICE
OF EXERCISE

    

    Sino
Clean Energy, Inc.

    Room
2205, Suite A, Zhengxin Building, No. 5

    Gaoxin
1st Road, Gao Xin District, Xi’an, Shaanxi Province

    People’s
Republic of China

    

    (1)           The
undersigned hereby elects to purchase ________ shares of the Common Stock of
Sino Clean Energy, Inc. (the “Company”) pursuant to the terms of the attached
Non-statutory Stock Option Agreement and tenders herewith payment of the
exercise price in full, together with all applicable transfer taxes, if any, in
the amount of $ _____________.

    

    (2)           Please
issue a certificate or certificates representing said shares of Common Stock in
the name of the undersigned or in such other name as is specified
below:

    

    ________________________

    (Name)

    ________________________

    ________________________

    (Address)

    

    (3)           The
undersigned represents that (i) the aforesaid shares of Common Stock are being
acquired for the account of the undersigned for investment and not with a view
to, or for resale in connection with, the distribution thereof and that the
undersigned has no present intention of distributing or reselling such shares;
(ii) the undersigned is aware of the Company’s business affairs and financial
condition and has acquired sufficient information about the Company to reach an
informed and knowledgeable decision regarding its investment in the Company;
(iii) the undersigned is experienced in making investments of this type and has
such knowledge and background in financial and business matters that the
undersigned is capable of evaluating the merits and risks of this investment and
protecting the undersigned’s own interests; (iv) the undersigned understands
that the shares of Common Stock issuable upon exercise of this Option have not
been registered under the Securities Act of 1933, as amended (the “Act”), by
reason of a specific exemption from the registration provisions of the Act,
which exemption depends upon, among other things, the bona fide nature of the
investment intent as expressed herein, and, because such securities have not
been registered under the Act, they must be held indefinitely unless
subsequently registered under the Act or an exemption from such registration is
available; (v) the undersigned is aware that the aforesaid shares of Common
Stock may not be sold pursuant to Rule 144 adopted under the Act unless certain
conditions are met and until the undersigned has held the shares for the number
of years prescribed by Rule 144, that among the conditions for use of the Rule
is the availability of current information to the public about the Company and
the Company has not made such information available and has no present plans to
do so; and (vi) the undersigned agrees not to make any disposition of all or any
part of the aforesaid shares of Common Stock unless and until there is then in
effect a registration statement under the Act covering such proposed disposition
and such disposition is made in accordance with said registration statement, or
the undersigned has provided the Company with an opinion of counsel satisfactory
to the Company, stating that such registration is not required.

     

    
      
        
          
            
              
                
                  
                    
                      	 	 	 	 
	 	 	 	 
	
                              
                                (Date)

                              

                            	
                               

                            	(Signature)	 
	 	 	 	 
	 	 	 	 
	 	 	 	 
	 	 	(Print
      name) 	 

                    

                  

                

              

            

          

        

      

    

     

    

     

     

     

     

     

     

     

     

     

     

     

     

     

    -6-ex10_3.htm

    
      

    

    Exhibit
10.3

    

     

    
      	 	
               SINO CLEAN ENERGY,
      INC.

            	 
	 	
               Room 2205,
      Suite A, Zhengxin Building

            	 
	 	
               No. 5, Gaoxin
      1st Road, Gao Xin District

            	 
	 	
               Xi’an, Shaanxi
      Province

            	 
	 	
               People’s
      Republic of China

            	 

    

     

    [Date]

    [Name of
Director]

    [Address
of Director]

    

    
      	
              Re:

            	
              Director Offer
      Letter

            

    

    

    Dear
[Name of Director]:

    

    Sino
Clean Energy, Inc., a Nevada corporation (the “Company”), is pleased to offer
you a director position on its Board of Directors (the “Board”).  We
are all very impressed with your credentials and we look forward to your future
success in this role.

    

    Should
you choose to accept this position as a member of the Board, this letter shall
constitute an agreement between you and the Company and contains all the terms
and conditions relating to the services you are to provide.

    

    1.           Term.  This agreement
shall be for the ensuing year, effective as of the date of this
Agreement.  Your term as director shall continue subject to the
provisions in Section 8 below or until your successor is duly elected and
qualified.  The position shall be up for re-election each year at the
annual shareholder’s meeting and upon re-election, the terms and provisions of
this agreement shall remain in full force and effect.

    

    2.           Services.  You shall render
services as a member of the Board, as well as a member of the Board’s audit
committee, compensation committee and/or nominating committee (hereinafter your
“Duties”). During the term of this Agreement, you shall attend and participate
in such number of meetings of the Board and of the committee(s) of which you are
a member as regularly or specially called. You may attend and participate at
each such meeting, via teleconference, video conference or in person. You shall
consult with the other members of the Board and committee(s) regularly and as
necessary via telephone, electronic mail or other forms of
correspondence.

    

    3.           Services
for Others.  You shall be free
to represent or perform services for other persons during the term of this
agreement.  However, you agree that you do not presently perform and
do not intend to perform, during the term of this agreement, similar Duties,
consulting or other services for companies whose businesses are or would be, in
any way, competitive with the Company (except for companies previously disclosed
by you to the Company in writing).  Should you propose to perform
similar Duties, consulting or other services for any such company, you agree to
notify the Company in writing in advance (specifying the name of the
organization for whom you propose to perform such services) and to provide
information to the Company sufficient to allow it to determine if the
performance of such services would conflict with areas of interest to the
Company.

    

    4.           Compensation
to Independent Directors.  You shall receive
cash compensation of $[_____] per calendar year of service, prorated for partial
time periods.  You shall be reimbursed for reasonable expenses
incurred by you in connection with the performance of your Duties (including
travel expenses for in-person meetings).

    

    5.           D&O
Insurance Policy.
During the term under this Agreement, the Company shall include you as an
insured under an officers and directors insurance policy with coverage not to
exceed $3,000,000, which the Company shall obtain within a reasonable period of
time. Such policy will be underwritten by an insurance company that has no less
than an “A XII” rating as published by A.M. Best.

    

    6.           No
Assignment.  Because of the
personal nature of the services to be rendered by you, this agreement may not be
assigned by you without the prior written consent of the Company.

     

     

     

     

     

     

     

    
      
        
          

          

           

        

         

      

      
         

        
          

        

      

      
         

      

    

     

    7.          
 Confidential
Information; Non-Disclosure.  In consideration
of your access to the premises of the Company and/or you access to certain
Confidential Information of the Company, in connection with your business
relationship with the Company, you hereby represent and agree as
follows:

    

    a.           
 Definition.  For purposes of
this agreement the term “Confidential Information” means:

    

    i.           Any
information which the Company possesses that has been created, discovered or
developed by or for the Company, and which has or could have commercial value or
utility in the business in which the Company is engaged; or

    

    ii.           Any
information which is related to the business of the Company and is generally not
known by non-Company personnel.

    

    iii.           By
way of illustration, but not limitation, Confidential Information includes trade
secrets and any information concerning products, processes, formulas, designs,
inventions (whether or not patentable or registrable under copyright or similar
laws, and whether or not reduced to practice), discoveries, concepts, ideas,
improvements, techniques, methods, research, development and test results,
specifications, data, know-how, software, formats, marketing plans, and
analyses, business plans and analyses, strategies, forecasts, customer and
supplier identities, characteristics and agreements.

    

    b.            
Exclusions.  Notwithstanding
the foregoing, the term Confidential Information shall not include:

    

    i.           Any
information which becomes generally available to the public other than as a
result of a breach of the confidentiality portions of this agreement, or any
other agreement requiring confidentiality between the Company and
you;

    

    ii.           Information
received from a third party in rightful possession of such information who is
not restricted from disclosing such information; and

    

    iii.           Information
known by you prior to receipt of such information from the Company, which prior
knowledge can be documented.

    

    c.          
  Documents. You agree that, without the
express written consent of the Company, you will not remove from the Company's
premises, any notes, formulas, programs, data, records, machines or any other
documents or items which in any manner contain or constitute Confidential
Information, nor will you make reproductions or copies of same.  In
the event you receive any such documents or items by personal delivery from any
duly designated or authorized personnel of the Company, you shall be deemed to
have received the express written consent of the Company.  In the
event that you receive any such documents or items, other than through personal
delivery as described in the preceding sentence, you agree to inform the Company
promptly of your possession of such documents or items.  You shall
promptly return any such documents or items, along with any reproductions or
copies to the Company upon the Company's demand, upon termination of this
agreement, or upon your termination or Resignation, as defined in Section 8
herein.

    

    d.            
No
Disclosure.  You agree that
you will hold in trust and confidence all Confidential Information and will not
disclose to others, directly or indirectly, any Confidential Information or
anything relating to such information without the prior written consent of the
Company, except as maybe necessary in the course of your business relationship
with the Company.  You further agree that you will not use any
Confidential Information without the prior written consent of the Company,
except as may be necessary in the course of your business relationship with the
Company, and that the provisions of this paragraph (d) shall survive termination
of this agreement.

     

     

     

     

     

     

     

    

      
        
          
             

             

            

          

           

        

        
           

          
            

          

        

        
           

        

      

      8.         
   Termination
and Resignation.  Your membership
on the Company’s Board may be terminated for any or no reason at a meeting
called for the purpose of the election of directors by a vote of the
stockholders holding at least a majority
of the shares of the Company’s issued and outstanding shares entitled to vote.
Your membership on a Board committee may be terminated for any or no reason at
any meeting of the Board by or by written consent of, a majority of the Board at
any time. You may also terminate your membership on the Board or on a committee
for any or no reason by delivering your written notice of resignation to the
Company (“Resignation”), and such Resignation shall be effective upon the time
specified therein or, if no time is specified, upon receipt of the notice of
resignation by the Company. Upon the effective date of the termination or
Resignation, your right to compensation hereunder will terminate subject to the
Company's obligations to pay you any cash compensation (or equivalent value in
Company common stock shares) that you have already earned and to reimburse you
for approved expenses already incurred in connection with your performance of
your Duties as of the effective date of such termination or
Resignation.

    

    

    9.           
 Governing
Law.  All questions
with respect to the construction and/or enforcement of this agreement, and the
rights and obligations of the parties hereunder, shall be determined in
accordance with the law of the State of Nevada applicable to agreements made and
to be performed entirely in the State of Nevada.

    

    10.           Entire
Agreement; Amendment; Waiver; Counterparts.  This agreement
expresses the entire understanding with respect to the subject matter hereof and
supersedes and terminates any prior oral or written agreements with respect to
the subject matter hereof.  Any term of this agreement may be amended
and observance of any term of this agreement may be waived only with the written
consent of the parties hereto.  Waiver of any term or condition of
this agreement by any party shall not be construed as a waiver of any subsequent
breach or failure of the same term or condition or waiver of any other term or
condition of this agreement.  The failure of any party at any time to
require performance by any other party of any provision of this agreement shall
not affect the right of any such party to require future performance of such
provision or any other provision of agreement.  This agreement may be
executed in separate counterparts each of which will be an original and all of
which taken together will constitute one and the same agreement, and may be
executed using facsimiles of signatures, and a facsimile of a signature shall be
deemed to be the same, and equally enforceable, as an original of such
signature.

    

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Intentionally]

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

    
      
        
           

           

          

        

         

      

      
         

        
          

        

      

      
         

      

    

    The
Agreement has been executed and delivered by the undersigned and is made
effective as of the date set first set forth above.

    

      
        
          
            	 	Sincerely,	 
	 	 	 
	 	SINO
      CLEAN ENERGY, INC. 	 
	 	 	 	 
	
                     

                  	
                    By:
      

                  	 	 
	 	 	Baowen
      Ren	 
	 	 	Chief
      Executive Officer	 
	 	 	 	 

          

        

      

    

    

    
    

    

    

    AGREED
AND ACCEPTED:

    

    

    

    __________________________

    [Name of
Director]

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