Document:

Second Share Incentive Plan

 Exhibit 4.9 
 CHINA SUNERGY CO., LTD. 
 SECOND SHARE INCENTIVE PLAN 
 ARTICLE 1 
 PURPOSE 

The purpose of this Second Share Incentive Plan (the “Plan”) is to promote the success and enhance the value of China Sunergy Co.,
Ltd., a company incorporated under the laws of the Cayman Islands (the “Company”) by linking the personal interests of the members of the Board, Employees, and Consultants to those of the Company’s shareholders and by providing
such individuals with an incentive for outstanding performance to generate superior returns to Company shareholders. The Plan is further intended to provide flexibility to the Company in its ability to motivate, attract, and retain the services of
members of the Board, Employees, and Consultants upon whose judgment, interest, and special effort the successful conduct of the Company’s operation is largely dependent. 
 ARTICLE 2 
 DEFINITIONS AND CONSTRUCTION 
 Wherever the following terms are used in the Plan, they shall have the meanings specified below, unless the context clearly indicates otherwise. The
singular pronoun shall include the plural where the context so indicates. 
 2.1 “Applicable Laws” means (i) the laws of
the Cayman Islands as they relate to the Company and its Shares; (ii) the legal requirements relating to the Plan and the Awards under applicable provisions of the corporate, securities, tax and other laws, rules, regulations and government
orders; and (iii) the rules of any applicable stock exchange or national market system, of any jurisdiction applicable to Awards granted to residents therein. 
 2.2 “Article” means an article of this Plan. 
 2.3 “Award” means an
Option, Restricted Share or Restricted Share Units award granted to a Participant pursuant to the Plan. 
 2.4 “Award
Agreement” means any written agreement, contract, or other instrument or document evidencing an Award, including through electronic medium. 
  

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 2.5 “Board” means the Board of Directors of the Company from time to time. 

2.6 “Change in Control” means a change in ownership or control of the Company after the date hereof effected through either of the
following transactions: 
 (a) the direct or indirect acquisition by any person or related group of persons (other than an acquisition from or
by the Company or by a Company-sponsored employee benefit plan or by a person that directly or indirectly controls, is controlled by, or is under common control with, the Company) of beneficial ownership (within the meaning of Rule 13d-3 under
the Exchange Act) of securities possessing more than fifty percent (50%) of the total combined voting power of the Company’s outstanding securities pursuant to a tender or exchange offer made directly to the Company’s shareholders
which a majority of the Incumbent Board (as defined below) who are not affiliates or associates of the offer or under Rule 12b-2 promulgated under the Exchange Act do not recommend such shareholders accept, or 
 (b) the individuals who, as of the Effective Date, are members of the Board (the “Incumbent Board”), cease for any reason to constitute at
least fifty percent (50%) of the Board; provided that if the election, or nomination for election by the Company’s shareholders, of any new member of the Board is approved by a vote of at least fifty percent (50%) of the Incumbent
Board, such new member of the Board shall be considered as a member of the Incumbent Board. 
 2.7 “Code” means the Internal
Revenue Code of 1986 of the United States, as amended. 
 2.8 “Committee” means the committee of the Board described in
Article 9. 
 2.9 “Consultant” means any consultant or adviser if: (a) the consultant or adviser renders bona fide
services to a Service Recipient; (b) the services rendered by the consultant or adviser are not in connection with the offer or sale of securities in a capital-raising transaction and do not directly or indirectly promote or maintain a market
for the Company’s securities; and (c) the consultant or adviser is a natural person who has contracted directly with the Service Recipient to render such services. 
 2.10 “Corporate Transaction” means any of the following transactions, provided, however, that the Committee shall determine under
(d) and (e) whether multiple transactions are related, and its determination shall be final, binding and conclusive: 
 (a) an
amalgamation, arrangement or consolidation or scheme of arrangement in which the Company is not the surviving entity, except for a transaction the principal purpose of which is to change the jurisdiction in which the Company is incorporated;

 (b) the sale, transfer or other disposition of all or substantially all of the assets of the Company; 
 (c) the completion of a voluntary or insolvent liquidation or dissolution of the Company; 
  

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 (d) any reverse takeover or series of related transactions culminating in a reverse takeover (including,
but not limited to, a tender offer followed by a reverse takeover) in which the Company is the surviving entity but (A) the Shares of the Company outstanding immediately prior to such takeover are converted or exchanged by virtue of the
takeover into other property, whether in the form of securities, cash or otherwise, or (B) in which securities possessing more than fifty percent (50%) of the total combined voting power of the Company’s outstanding securities are
transferred to a person or persons different from those who held such securities immediately prior to such takeover or the initial transaction culminating in such takeover, but excluding any such transaction or series of related transactions that
the Committee determines shall not be a Corporate Transaction; or 
 (e) acquisition in a single or series of related transactions by any
person or related group of persons (other than the Company or by a Company-sponsored employee benefit plan) of beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act) of securities possessing more than fifty percent
(50%) of the total combined voting power of the Company’s outstanding securities but excluding any such transaction or series of related transactions that the Committee determines shall not be a Corporate Transaction. 
 2.11 “Disability” means that the Participant qualifies to receive long-term disability payments under the Service Recipient’s
long-term disability insurance program, as it may be amended from time to time, to which the Participant provides services regardless of whether the Participant is covered by such policy. If the Service Recipient to which the Participant provides
service does not have a long-term disability plan in place, “Disability” means that a Participant is unable to carry out the responsibilities and functions of the position held by the Participant by reason of any medically determinable
physical or mental impairment for a period of not less than ninety (90) consecutive days. A Participant will not be considered to have incurred a Disability unless he or she furnishes proof of such impairment sufficient to satisfy the Committee
in its discretion. 
 2.12 “Effective Date” shall have the meaning set forth in Section 10.1. 
 2.13 “Employee” means any person, including an officer or member of the Board of the Company, any Parent or Subsidiary of the Company,
who is in the employ of a Service Recipient, subject to the control and direction of the Service Recipient as to both the work to be performed and the manner and method of performance. The payment of a director’s fee by a Service Recipient
shall not be sufficient to constitute “employment” by the Service Recipient. 
 2.14 “Exchange Act” means the
Securities Exchange Act of 1934 of the United States, as amended. 
 2.15 “Fair Market Value” means, as of any date, the
value of Shares determined as follows: 
 (a) If the Shares are listed on one or more established stock exchanges or national market systems,
including without limitation, The Nasdaq Global Market and The New York Stock Exchange, its Fair Market Value shall be the closing sales price for such shares (or the closing bid, if no sales were reported) as quoted on the principal exchange or
system on 

  

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which the Shares are listed (as determined by the Committee) on the date of determination (or, if no closing sales price or closing bid was reported on that
date, as applicable, on the last trading date such closing sales price or closing bid was reported), as reported in The Wall Street Journal or such other source as the Committee deems reliable; 
 (b) If the Shares are regularly quoted on an automated quotation system (including the OTC Bulletin Board) or by a recognized securities dealer, its Fair
Market Value shall be the closing sales price for such shares as quoted on such system or by such securities dealer on the date of determination, but if selling prices are not reported, the Fair Market Value of a Share shall be the mean between the
high bid and low asked prices for the Shares on the date of determination (or, if no such prices were reported on that date, on the last date such prices were reported), as reported in The Wall Street Journal or such other source as the Committee
deems reliable; or 
 (c) In the absence of an established market for the Shares of the type described in (a) and (b), above, the Fair
Market Value thereof shall be determined by the Committee in good faith and in its discretion by reference to (i) the placing price of the latest private placement of the Shares and the development of the Company’s business operations and
the general economic and market conditions since such latest private placement, (ii) other third party transactions involving the Shares and the development of the Company’s business operation and the general economic and market conditions
since such sale, (iii) an independent valuation of the Shares, or (iv) such other methodologies or information as the Committee determines to be indicative of Fair Market Value, relevant. 
 2.16 “Incentive Share Option” means an Option that is intended to meet the requirements of Section 422 of the Code or any successor
provision thereto. 
 2.17 “Independent Director” means a member of the Board who is not an Employee of the Company.

 2.18 “Non-Employee Director” means a member of the Board who qualifies as a “Non-Employee Director” as defined
in Rule 16b-3(b)(3) under the Exchange Act, or any successor definition adopted by the Board. 
 2.19 “Non-Qualified Share
Option” means an Option that is not intended to be an Incentive Share Option. 
 2.20 “Option” means a right
granted to a Participant pursuant to Article 5 of the Plan to purchase a specified number of Shares at a specified price during specified time periods. An Option may be either an Incentive Share Option or a Non-Qualified Share Option.

 2.21 “Participant” means a person who, as a member of the Board, Consultant or Employee, has been granted an Award
pursuant to the Plan. 
 2.22 “Parent” means a parent corporation under Section 424(e) of the Code. 
 2.23 “Plan” means this Second Share Incentive Award Plan, as it may be amended from time to time. 
  

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 2.24 “Related Entity” means any business, corporation, partnership, limited liability
company or other entity in which the Company, a Parent or Subsidiary of the Company holds a substantial ownership interest, directly or indirectly but which is not a Subsidiary and which the Board designates as a Related Entity for purposes of the
Plan. 
 2.25 “Restricted Share” means a Share awarded to a Participant pursuant to Article 6 that is subject to certain
restrictions and may be subject to risk of forfeiture. 
 2.26 “Restricted Share Unit” means the right granted to a
Participant pursuant to Article 6 to receive a Share at a future date. 
 2.27 “Securities Act” means the Securities Act of
1933 of the United States, as amended. 
 2.28 “Service Recipient” means the Company, any Parent or Subsidiary of the
Company and any Related Entity to which a Participant provides services as an Employee, Consultant or as a Director. 
 2.29
“Share” means the ordinary shares of the Company, par value US$0.0001 per share, and such other securities of the Company that may be substituted for Shares pursuant to Article 8. 
 2.30 “Subsidiary” means any corporation or other entity of which a majority of the outstanding voting shares or voting power is
beneficially owned directly or indirectly by the Company. 
 2.31 “Trading Date” means the closing of the first sale to the
general public of the Shares pursuant to an effective registration statement under Applicable Law, which results in the Shares being publicly traded on one or more established stock exchanges or national market systems. 
 ARTICLE 3 
 SHARES SUBJECT TO THE
PLAN 
 3.1 Number of Shares. 
 (a) Subject to the provisions of Article 8 and Section 3.1(b), the maximum aggregate number of Shares which may be issued pursuant to all Awards (including Incentive Share Options) is 4,190,748. 
 (b) To the extent that an Award terminates, expires, or lapses for any reason, any Shares subject to the Award shall again be available for the grant of
an Award pursuant to the Plan. To the extent permitted by Applicable Laws, Shares issued in assumption of, or in substitution for, any outstanding awards of any entity acquired in any form or combination by the Company or any Parent or Subsidiary of
the Company shall not be counted against Shares available for grant pursuant to the Plan. Shares delivered by the Participant or withheld by the Company upon the exercise of any Award under the Plan, in payment of the exercise price 

  

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thereof or tax withholding thereon, may again be optioned, granted or awarded hereunder, subject to the limitations of Section 3.1(a). If any Restricted
Shares are forfeited by the Participant or repurchased by the Company, such Shares may again be optioned, granted or awarded hereunder, subject to the limitations of Section 3.1(a). Notwithstanding the provisions of this Section 3.1(b), no
Shares may again be optioned, granted or awarded if such action would cause an Incentive Share Option to fail to qualify as an incentive share option under Section 422 of the Code. 
 3.2 Shares Distributed. Any Shares issued pursuant to an Award may consist, in whole or in part, of authorized and unissued Shares, treasury
Shares (subject to Applicable Laws) or Shares purchased on the open market. Additionally, in the discretion of the Committee, American Depository Shares in an amount equal to the number of Shares which otherwise would be distributed pursuant to an
Award may be distributed in lieu of Shares in settlement of any Award. If the number of Shares represented by an American Depository Share is other than on a one-to-one basis, the limitations of Section 3.1 shall be adjusted to reflect the
distribution of American Depository Shares in lieu of Shares. 
 ARTICLE 4 
 ELIGIBILITY AND PARTICIPATION 
 4.1 Eligibility. Persons eligible to
participate in this Plan include Employees, Consultants, and all members of the Board, as determined by the Committee. 
 4.2
Participation. Subject to the provisions of the Plan, the Committee may, from time to time, select from among all eligible individuals, those to whom Awards shall be granted and shall determine the nature and amount of each Award. No
individual shall have any right to be granted an Award pursuant to this Plan. 
 4.3 Jurisdictions. In order to assure the viability
of Awards granted to Participants employed in various jurisdictions, the Committee may provide for such special terms as it may consider necessary or appropriate to accommodate differences in local law, tax policy, or custom applicable in the
jurisdiction in which the Participant resides or is employed. Moreover, the Committee may approve such supplements to, or amendments, restatements, or alternative versions of, the Plan as it may consider necessary or appropriate for such purposes
without thereby affecting the terms of the Plan as in effect for any other purpose; provided, however, that no such supplements, amendments, restatements, or alternative versions shall increase the share limitations contained in
Section 3.1 of the Plan. Notwithstanding the foregoing, the Committee may not take any actions hereunder, and no Awards shall be granted, that would violate any Applicable Laws. 
 ARTICLE 5 
 OPTIONS 
 5.1 General. The Committee is authorized to grant Options to Participants on the following terms and conditions: 
 (a) Exercise Price. The exercise price per Share subject to an Option shall be determined by the Committee and set forth in the Award Agreement
which may be a fixed or variable price related to the Fair Market Value of the Shares; provided, however, that no Option may be granted to an individual subject to taxation in the United States at less than the Fair Market Value on the
date of grant. 
  

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 (b) Time and Conditions of Exercise. The Committee shall determine the time or times at which an
Option may be exercised in whole or in part, including exercise prior to vesting; provided that the term of any Option granted under the Plan shall not exceed ten years, except as provided in Section 11.1. The Committee shall also
determine any conditions, if any, that must be satisfied before all or part of an Option may be exercised. 
 (c) Payment. The
Committee shall determine the methods by which the exercise price of an Option may be paid, the form of payment, including, without limitation (i) cash or check denominated in U.S. Dollars, (ii) to the extent permissible under the
Applicable Laws, cash or check in Chinese Renminbi, (iii) cash or check denominated in any other local currency as approved by the Committee, (iv) Shares held for such period of time as may be required by the Committee in order to avoid
adverse financial accounting consequences and having a Fair Market Value on the date of delivery equal to the aggregate exercise price of the Option or exercised portion thereof, (v) after the Trading Date the delivery of a notice that the
Participant has placed a market sell order with a broker with respect to Shares then issuable upon exercise of the Option, and that the broker has been directed to pay a sufficient portion of the net proceeds of the sale to the Company in
satisfaction of the Option exercise price; provided that payment of such proceeds is then made to the Company upon settlement of such sale, (vi) other property acceptable to the Committee with a Fair Market Value equal to the exercise
price, or (vii) any combination of the foregoing. Notwithstanding any other provision of the Plan to the contrary, no Participant who is a member of the Board or an “executive officer” of the Company within the meaning of
Section 13(k) of the Exchange Act shall be permitted to pay the exercise price of an Option in any method which would violate Section 13(k) of the Exchange Act. 
 (d) Evidence of Grant. All Options shall be evidenced by an Award Agreement between the Company and the Participant. The Award Agreement shall include such additional provisions as may be specified by the
Committee. 
 5.2 Incentive Share Options. Incentive Share Options may be granted to Employees of the Company, a Parent or Subsidiary
of the Company. Incentive Share Options may not be granted to Employees of a Related Entity or to Independent Directors or Consultants. The terms of any Incentive Share Options granted pursuant to the Plan, in addition to the requirements of
Section 5.1, must comply with the following additional provisions of this Section 5.2: 
 (a) Expiration of Option. An
Incentive Share Option may not be exercised to any extent by anyone after the first to occur of the following events: 
 (i) Ten years from
the date it is granted, unless an earlier time is set in the Award Agreement; 
  

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 (ii) Three months after the Participant’s termination of employment as an Employee (save in the
case of termination on account of Disability or death); and 
 (iii) One year after the date of the Participant’s termination of
employment or service on account of Disability or death. Upon the Participant’s Disability or death, any Incentive Share Options exercisable at the Participant’s Disability or death may be exercised by the Participant’s legal
representative or representatives, by the person or persons entitled to do so pursuant to the Participant’s last will and testament, or, if the Participant fails to make testamentary disposition of such Incentive Share Option or dies intestate,
by the person or persons entitled to receive the Incentive Share Option pursuant to the applicable laws of descent and distribution. 
 (b)
Individual Dollar Limitation. The aggregate Fair Market Value (determined as of the time the Option is granted) of all Shares with respect to which Incentive Share Options are first exercisable by a Participant in any calendar year may not
exceed U.S.$100,000 or such other limitation as imposed by Section 422(d) of the Code, or any successor provision. To the extent that Incentive Share Options are first exercisable by a Participant in excess of such limitation, the excess shall
be considered Non-Qualified Share Options. 
 (c) Ten Percent Owners. An Incentive Share Option shall be granted to any individual
who, at the date of grant, owns Shares possessing more than ten percent of the total combined voting power of all classes of shares of the Company only if such Option is granted at a price that is not less than 110% of Fair Market Value on the date
of grant and the Option is exercisable for no more than five years from the date of grant. 
 (d) Transfer Restriction. The
Participant shall give the Company prompt notice of any disposition of Shares acquired by exercise of an Incentive Share Option within (i) two years from the date of grant of such Incentive Share Option or (ii) one year after the transfer
of such Shares to the Participant. 
 (e) Expiration of Incentive Share Options. No Award of an Incentive Share Option may be made
pursuant to this Plan after the tenth anniversary of the Effective Date. 
 (f) Right to Exercise. During a Participant’s
lifetime, an Incentive Share Option may be exercised only by the Participant. 
 ARTICLE 6 
 RESTRICTED SHARES AND RESTRICTED SHARE UNITS 
 6.1 Grant of Restricted Shares. The Committee is authorized to make Awards of Restricted Shares and/or Restricted Share Units to any Participant selected by the Committee in such amounts and subject to such terms and conditions as
determined by the Committee. All Awards of Restricted Shares shall be evidenced by an Award Agreement. 
  

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 6.2 Issuance and Restrictions. Restricted Shares shall be subject to such restrictions on
transferability and other restrictions as the Committee may impose (including, without limitation, limitations on the right to vote Restricted Shares or the right to receive dividends on the Restricted Share). These restrictions may lapse separately
or in combination at such times, pursuant to such circumstances, in such installments, or otherwise, as the Committee determines at the time of the grant of the Award or thereafter. 
 6.3 Forfeiture/Repurchase. Except as otherwise determined by the Committee at the time of the grant of the Award or thereafter, upon
termination of employment or service during the applicable restriction period, Restricted Shares that are at that time subject to restrictions shall be forfeited or repurchased in accordance with the Award Agreement; provided,
however, that the Committee may (a) provide in any Restricted Share Award Agreement that restrictions or forfeiture and repurchase conditions relating to Restricted Shares will be waived in whole or in part in the event of
terminations resulting from specified causes, and (b) in other cases waive in whole or in part restrictions or forfeiture and repurchase conditions relating to Restricted Shares. 
 6.4 Certificates for Restricted Shares. Restricted Shares granted pursuant to the Plan may be evidenced in such manner as the Committee shall
determine. If certificates representing Restricted Shares are registered in the name of the Participant, certificates must bear an appropriate legend referring to the terms, conditions, and restrictions applicable to such Restricted Shares, and the
Company may, at its discretion, retain physical possession of the certificate until such time as all applicable restrictions lapse. 
 6.5
Restricted Share Units. At the time of grant, the Committee shall specify the date or dates on which the Restricted Share Units shall become fully vested and nonforfeitable, and may specify such conditions to vesting as it deems appropriate.
At the time of grant, the Committee shall specify the maturity date applicable to each grant of Restricted Share Units which shall be no earlier than the vesting date or dates of the Award and may be determined at the election of the grantee. On the
maturity date, the Company shall, subject to Sections 7.4 and 7.5, transfer to the Participant one unrestricted, fully transferable Share for each Restricted Share Unit scheduled to be paid out on such date and not previously forfeited. 

ARTICLE 7 
 PROVISIONS APPLICABLE
TO AWARDS 
 7.1 Award Agreement. Awards under the Plan shall be evidenced by Award Agreements that set forth the terms,
conditions and limitations for each Award which may include the term of an Award, the provisions applicable in the event the Participant’s employment or service terminates, and the Company’s authority to unilaterally or bilaterally amend,
modify, suspend, cancel or rescind an Award. 
 7.2 Limits on Transfer. No right or interest of a Participant in any Award may be
pledged, encumbered, or hypothecated to or in favor of any party other than the Company or a Subsidiary, or shall be subject to any lien, obligation, or liability of such Participant to any other party other than the Company or a Subsidiary. Except
as otherwise provided by the Committee, 

  

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no Award shall be assigned, transferred, or otherwise disposed of by a Participant other than by will or the laws of descent and distribution. The Committee
by express provision in the Award or an amendment thereto may permit an Award (other than an Incentive Share Option) to be transferred to, exercised by and paid to certain persons or entities related to the Participant, including but not limited to
members of the Participant’s family, charitable institutions, or trusts or other entities whose beneficiaries or beneficial owners are members of the Participant’s family and/or charitable institutions, or to such other persons or entities
as may be expressly approved by the Committee, pursuant to such conditions and procedures as the Committee may establish. Any permitted transfer shall be subject to the condition that the Committee receive evidence satisfactory to it that the
transfer is being made for estate and/or tax planning purposes (or to a “blind trust” in connection with the Participant’s termination of employment or service with the Company or a Subsidiary to assume a position with a governmental,
charitable, educational or similar non-profit institution) and on a basis consistent with the Company’s lawful issue of securities. 
 7.3 Beneficiaries. Notwithstanding Section 7.2, a Participant may, in the manner determined by the Committee, designate a beneficiary to exercise the rights of the Participant and to receive any distribution with respect to any
Award upon the Participant’s death. A beneficiary, legal guardian, legal representative, or other person claiming any rights pursuant to the Plan is subject to all terms and conditions of the Plan and any Award Agreement applicable to the
Participant, except to the extent the Plan and Award Agreement otherwise provide, and to any additional restrictions deemed necessary or appropriate by the Committee. If the Participant is married and resides in a community property state, a
designation of a person other than the Participant’s spouse as his or her beneficiary with respect to more than 50% of the Participant’s interest in the Award shall not be effective without the prior written consent of the
Participant’s spouse. If no beneficiary has been designated or survives the Participant, payment shall be made to the person entitled thereto pursuant to the Participant’s will or the laws of descent and distribution. Subject to the
foregoing, a beneficiary designation may be changed or revoked by a Participant at any time provided the change or revocation is filed with the Committee. 
 7.4 Share Certificates. Notwithstanding anything herein to the contrary, the Company shall not be required to issue or deliver any certificates evidencing Shares pursuant to the exercise of any Award, unless
and until the Board has determined, with advice of counsel, that the issuance and delivery of such certificates is in compliance with all Applicable Laws, regulations of governmental authorities and, if applicable, the requirements of any exchange
on which the Shares are listed or traded. All Share certificates delivered pursuant to the Plan are subject to any stop-transfer orders and other restrictions as the Committee deems necessary or advisable to comply with all Applicable Laws, and the
rules of any national securities exchange or automated quotation system on which the Shares are listed, quoted, or traded. The Committee may place legends on any Share certificate to reference restrictions applicable to the Share. In addition to the
terms and conditions provided herein, the Board may require that a Participant make such reasonable covenants, agreements, and representations as the Board, in its discretion, deems advisable in order to comply with any such laws, regulations, or
requirements. The Committee shall have the right to require any Participant to comply with any timing or other restrictions with respect to the settlement or exercise of any Award, including a window-period limitation, as may be imposed in the
discretion of the Committee. 
  

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 7.5 Paperless Administration. Subject to Applicable Laws, the Committee may make Awards, provide
applicable disclosure and procedures for exercise of Awards by an internet website or interactive voice response system for the paperless administration of Awards. 
 7.6 Foreign Currency. A Participant may be required to provide evidence that any currency used to pay the exercise price of any Award were acquired and taken out of the jurisdiction in which the Participant
resides in accordance with Applicable Laws, including foreign exchange control laws and regulations. In the event the exercise price for an Award is paid in Chinese Renminbi or other foreign currency, as permitted by the Committee, the amount
payable will be determined by conversion from U.S. dollars at the official rate promulgated by the People’s Bank of China for Chinese Renminbi, or for jurisdictions other than the People’s Republic of China, the exchange rate as selected
by the Committee on the date of exercise. 
 ARTICLE 8 
 CHANGES IN CAPITAL STRUCTURE 
 8.1 Adjustments. In the event of any distribution, share split,
combination or exchange of Shares, amalgamation, arrangement or consolidation, reorganization of the Company, including the Company becoming a subsidiary in a transaction not involving a Corporate Transaction, spin-off, recapitalization or other
distribution (other than normal cash dividends) of Company assets to its shareholders, or any other change affecting the Shares or the share price of a Share, the Committee shall make such proportionate and equitable adjustments, if any, to reflect
such change with respect to (a) the aggregate number and type of shares that may be issued under the Plan (including, but not limited to, adjustments of the limitations in Section 3.1 and substitutions of shares in a parent or surviving
company); (b) the terms and conditions of any outstanding Awards (including, without limitation, any applicable performance targets or criteria with respect thereto); and (c) the grant or exercise price per share for any outstanding Awards
under the Plan. The form and manner of any such adjustments shall be determined by the Committee in its sole discretion. 
 8.2
Acceleration upon a Change of Control. Except as may otherwise be provided in any Award Agreement or any other written agreement entered into by and between the Company and a Participant, if a Change of Control occurs and a Participant’s
Awards are not converted, assumed, or replaced by a successor, such Awards shall become fully exercisable and all forfeiture restrictions on such Awards shall lapse. Upon, or in anticipation of, a Change of Control, the Committee may in its sole
discretion provide for (i) any and all Awards outstanding hereunder to terminate at a specific time in the future and shall give each Participant the right to exercise such Awards during a period of time as the Committee shall determine,
(ii) either the purchase of any Award for an amount of cash equal to the amount that could have been attained upon the exercise of such Award or realization of the Participant’s rights had such Award been currently exercisable or payable
or fully vested (and, for the avoidance of doubt, if as of such date the Committee determines in good faith that no amount would have been attained upon the exercise of such Award or realization of the Participant’ s rights, then such Award may
be terminated by the Company without payment), (iii) the replacement of such Award with other rights or property selected by the Committee in its sole discretion or the assumption of or substitution of such Award by the successor or surviving
corporation, or a parent or subsidiary 

  

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thereof, with appropriate adjustments as to the number and kind of Shares and prices, or (iv) provide for payment of Awards in cash based on the value
of Shares on the date of the Change of Control plus reasonable interest on the Award through the date such Award would otherwise be vested or have been paid in accordance with its original terms, if necessary to comply with Section 409A of the
Code. 
 8.3 Outstanding Awards – Corporate Transactions. In the event of a Corporate Transaction, each Award will terminate upon
the consummation of the Corporate Transaction, unless the Award is assumed by the successor entity or Parent thereof in connection with the Corporate Transaction. Except as provided otherwise in an individual Award Agreement, in the event of a
Corporate Transaction and: 
 (a) the Award either is (x) assumed by the successor entity or Parent thereof or replaced with a comparable
Award (as determined by the Committee) with respect to shares of the capital stock (or equivalent) of the successor entity or Parent thereof or (y) replaced with a cash incentive program of the successor entity which preserves the compensation
element of such Award existing at the time of the Corporate Transaction and provides for subsequent payout in accordance with the same vesting schedule applicable to such Award, then such Award (if assumed), the replacement Award (if replaced), or
the cash incentive program automatically shall become fully vested, exercisable and payable and be released from any restrictions on transfer (other than transfer restrictions applicable to Options) and repurchase or forfeiture rights, immediately
upon termination of the Participant’s employment or service with all Service Recipient within twelve (12) months of the Corporate Transaction without cause; and 
 (b) For each Award that is neither assumed nor replaced, such portion of the Award shall automatically become fully vested and exercisable and be released from any repurchase or forfeiture rights (other than
repurchase rights exercisable at Fair Market Value) for all of the Shares at the time represented by such portion of the Award, immediately prior to the specified effective date of such Corporate Transaction, provided that the Participant remains an
Employee, Consultant or Director on the effective date of the Corporate Transaction. 
 8.4 Outstanding Awards – Other Changes.
In the event of any other change in the capitalization of the Company or corporate change other than those specifically referred to in this Article 8, the Committee may, in its absolute discretion, make such adjustments in the number and class of
shares subject to Awards outstanding on the date on which such change occurs and in the per share grant or exercise price of each Award as the Committee may consider appropriate to prevent dilution or enlargement of rights. 
 8.5 No Other Rights. Except as expressly provided in the Plan, no Participant shall have any rights by reason of any subdivision or consolidation
of shares of any class, the payment of any dividend, any increase or decrease in the number of shares of any class or any dissolution, liquidation, merger, or consolidation of the Company or any other corporation. Except as expressly provided in the
Plan or pursuant to action of the Committee under the Plan, no issuance by the Company of shares of any class, or securities convertible into shares of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the
number of shares subject to an Award or the grant or exercise price of any Award. 
  

 12 

 ARTICLE 9 
 ADMINISTRATION 
 9.1 Committee. The Plan shall be administered by the Compensation Committee
of the Board; provided, however that the Compensation Committee may delegate to a committee of one or more members of the Board the authority to grant or amend Awards to Participants other than Independent Directors and executive officers of
the Company. The Committee shall consist of at least two individuals, each of whom qualifies as a Non-Employee Director. Reference to the Committee shall refer to the Board if the Compensation Committee has not been established or ceases to exist
and the Board does not appoint a successor Committee. Notwithstanding the foregoing, the full Board, acting by majority of its members in office shall conduct the general administration of the Plan if required by Applicable Law, and with respect to
Awards granted to Independent Directors and for purposes of such Awards the term “Committee” as used in the Plan shall be deemed to refer to the Board. 
 9.2 Action by the Committee. A majority of the Committee shall constitute a quorum. The acts of a majority of the members present at any meeting at which a quorum is present, and acts approved in writing by a
majority of the Committee in lieu of a meeting, shall be deemed the acts of the Committee. Each member of the Committee is entitled to, in good faith, rely or act upon any report or other information furnished to that member by any officer or other
employee of the Company or any Subsidiary, the Company’s independent certified public accountants, or any executive compensation consultant or other professional retained by the Company to assist in the administration of the Plan. 

9.3 Authority of Committee. Subject to any specific designation in the Plan, the Committee has the exclusive power, authority and discretion
to: 
 (a) Designate Participants to receive Awards; 
 (b) Determine the type or types of Awards to be granted to each Participant; 
 (c) Determine the number of
Awards to be granted and the number of Shares to which an Award will relate; 
 (d) Determine the terms and conditions of any Award granted
pursuant to the Plan, including, but not limited to, the exercise price, grant price, or purchase price, any restrictions or limitations on the Award, any schedule for lapse of forfeiture restrictions or restrictions on the exercisability of an
Award, and accelerations or waivers thereof, any provisions related to non-competition and recapture of gain on an Award, based in each case on such considerations as the Committee in its sole discretion determines; 
 (e) Determine whether, to what extent, and pursuant to what circumstances an Award may be settled in, or the exercise price of an Award may be paid in,
cash, Shares, other Awards, or other property, or an Award may be canceled, forfeited, or surrendered; 
 (f) Prescribe the form of each
Award Agreement, which need not be identical for each Participant; 
  

 13 

 (g) Decide all other matters that must be determined in connection with an Award; 
 (h) Establish, adopt, or revise any rules and regulations as it may deem necessary or advisable to administer the Plan; 
 (i) Interpret the terms of, and any matter arising pursuant to, the Plan or any Award Agreement; and 
 (j) Make all other decisions and determinations that may be required pursuant to the Plan or as the Committee deems necessary or advisable to administer
the Plan. 
 9.4 Decisions Binding. The Committee’s interpretation of the Plan, any Awards granted pursuant to the Plan, any
Award Agreement and all decisions and determinations by the Committee with respect to the Plan are final, binding, and conclusive on all parties. 
 ARTICLE 10 
 EFFECTIVE AND EXPIRATION DATE 
 10.1 Effective Date. The Plan is effective as of the date the Plan is approved by the Company’s shareholders (the “Effective
Date”). The Plan will be deemed to be approved by the shareholders if it receives the affirmative vote of the holders of a majority of the share capital of the Company present or represented and entitled to vote at a meeting duly held in
accordance with the applicable provisions of the Company’s Memorandum of Association and Articles of Association. 
 10.2 Expiration
Date. The Plan will expire on, and no Award may be granted pursuant to the Plan after, the tenth anniversary of the Effective Date. Any Awards that are outstanding on the tenth anniversary of the Effective Date shall remain in force according to
the terms of the Plan and the applicable Award Agreement. 
 ARTICLE 11 
 AMENDMENT, MODIFICATION, AND TERMINATION 
 11.1 Amendment, Modification, And
Termination. With the approval of the Board, at any time and from time to time, the Committee may terminate, amend or modify the Plan; provided, however, that (a) to the extent necessary and desirable to comply with Applicable Laws,
or stock exchange rules, the Company shall obtain shareholder approval of any Plan amendment in such a manner and to such a degree as required, and (b) shareholder approval is required for any amendment to the Plan that (i) increases the
number of Shares available under the Plan (other than any adjustment as provided by Article 8), (ii) permits the Committee to extend the term of the Plan or the exercise period for an Option beyond ten years from the date of grant, or
(iii) results in a material increase in benefits or a change in eligibility requirements. 
 11.2 Awards Previously Granted.
Except with respect to amendments made pursuant to Section 11.1, no termination, amendment, or modification of the Plan shall adversely affect in any material way any Award previously granted pursuant to the Plan without the prior written
consent of the Participant. 
  

 14 

 ARTICLE 12 
 GENERAL PROVISIONS 
 12.1 No Rights to Awards. No Participant, employee, or other person shall
have any claim to be granted any Award pursuant to the Plan, and neither the Company nor the Committee is obligated to treat Participants, employees, and other persons uniformly. 
 12.2 No Shareholders Rights. No Award gives the Participant any of the rights of a Shareholder of the Company unless and until Shares are in fact
issued to such person in connection with such Award. 
 12.3 Taxes. No Shares shall be delivered under the Plan to any Participant
until such Participant has made arrangements acceptable to the Committee for the satisfaction of any income and employment tax withholding obligations under Applicable Laws. The Company or any Subsidiary shall have the authority and the right to
deduct or withhold, or require a Participant to remit to the Company, an amount sufficient to satisfy all applicable taxes (including the Participant’s payroll tax obligations) required or permitted by law to be withheld with respect to any
taxable event concerning a Participant arising as a result of this Plan. The Committee may in its discretion and in satisfaction of the foregoing requirement allow a Participant to elect to have the Company withhold Shares otherwise issuable under
an Award (or allow the return of Shares) having a Fair Market Value equal to the sums required to be withheld. Notwithstanding any other provision of the Plan, the number of Shares which may be withheld with respect to the issuance, vesting,
exercise or payment of any Award (or which may be repurchased from the Participant of such Award after such Shares were acquired by the Participant from the Company) in order to satisfy the Participant’s federal, state, local and foreign income
and payroll tax liabilities with respect to the issuance, vesting, exercise or payment of the Award shall, unless specifically approved by the Committee, be limited to the number of Shares which have a Fair Market Value on the date of withholding or
repurchase equal to the aggregate amount of such liabilities based on the minimum statutory withholding rates for federal, state, local and foreign income tax and payroll tax purposes that are applicable to such supplemental taxable income.

 12.4 No Right to Employment or Services. Nothing in the Plan or any Award Agreement shall interfere with or limit in any way the
right of the Service Recipient to terminate any Participant’s employment or services at any time, nor confer upon any Participant any right to continue in the employ or service of any Service Recipient. 
 12.5 Unfunded Status of Awards. The Plan is intended to be an “unfunded” plan for incentive compensation. With respect to any payments
not yet made to a Participant pursuant to an Award, nothing contained in the Plan or any Award Agreement shall give the Participant any rights that are greater than those of a general creditor of the Company or any Subsidiary. 
 12.6 Indemnification. To the extent allowable pursuant to applicable law, each member of the Committee or of the Board shall be indemnified and
held harmless by the 

  

 15 

 
Company from any loss, cost, liability, or expense that may be imposed upon or reasonably incurred by such member in connection with or resulting from any
claim, action, suit, or proceeding to which he or she may be a party or in which he or she may be involved by reason of any action or failure to act pursuant to the Plan and against and from any and all amounts paid by him or her in satisfaction of
judgment in such action, suit, or proceeding against him or her; provided he or she gives the Company an opportunity, at its own expense, to handle and defend the same before he or she undertakes to handle and defend it on his or her own
behalf. The foregoing right of indemnification shall not be exclusive of any other rights of indemnification to which such persons may be entitled pursuant to the Company’s Memorandum of Association and Articles of Association, as a matter of
law, or otherwise, or any power that the Company may have to indemnify them or hold them harmless. 
 12.7 Relationship to other
Benefits. No payment pursuant to the Plan shall be taken into account in determining any benefits pursuant to any pension, retirement, savings, profit sharing, group insurance, welfare or other benefit plan of the Company or any Subsidiary
except to the extent otherwise expressly provided in writing in such other plan or an agreement thereunder. 
 12.8 Expenses. The
expenses of administering the Plan shall be borne by the Company and its Subsidiaries. 
 12.9 Titles and Headings. The titles and
headings of the Sections in the Plan are for convenience of reference only and, in the event of any conflict, the text of the Plan, rather than such titles or headings, shall control. 
 12.10 Fractional Shares. No fractional Share shall be issued and the Committee shall determine, in its discretion, whether cash shall be given in
lieu of fractional shares or whether such fractional shares shall be eliminated by rounding up or down as appropriate. 
 12.11 Government
and Other Regulations. The obligation of the Company to make payment of awards in Shares or otherwise shall be subject to all Applicable Laws and to such approvals by government agencies as may be required. The Company shall be under no
obligation to register any of the Shares paid pursuant to the Plan under the Securities Act or any other similar law in any applicable jurisdiction. If the Shares paid pursuant to the Plan may in certain circumstances be exempt from registration
pursuant to the Securities Act or other Applicable Laws, the Company may restrict the transfer of such Shares in such manner as it deems advisable to ensure the availability of any such exemption. 
 12.12 Governing Law. The Plan and all Award Agreements shall be construed in accordance with and governed by the laws of the Cayman Islands.

 12.13 Section 409A. To the extent that the Committee determines that any Award granted under the Plan is or may become subject
to Section 409A of the Code, the Award Agreement evidencing such Award shall incorporate the terms and conditions required by Section 409A of the Code. To the extent applicable, the Plan and the Award Agreements shall be interpreted in
accordance with Section 409A of the Code and the U.S. Department of Treasury regulations and other interpretative guidance issued thereunder, including without 

  

 16 

 
limitation any such regulation or other guidance that may be issued after the Effective Date. Notwithstanding any provision of the Plan to the contrary, in
the event that following the Effective Date the Committee determines that any Award may be subject to Section 409A of the Code and related U.S. Department of Treasury guidance (including such U.S. Department of Treasury guidance as may be
issued after the Effective Date), the Committee may adopt such amendments to the Plan and the applicable Award agreement or adopt other policies and procedures (including amendments, policies and procedures with retroactive effect), or take any
other actions, that the Committee determines is necessary or appropriate to (a) exempt the Award from Section 409A of the Code and /or preserve the intended tax treatment of the benefits provided with respect to the Award, or
(b) comply with the requirements of Section 409A of the Code and related U.S. Department of Treasury guidance. 
 12.14
Appendices. The Committee may approve such supplements, amendments or appendices to the Plan as it may consider necessary or appropriate for purposes of compliance with applicable laws or otherwise and such supplements, amendments or
appendices shall be considered a part of the Plan; provided, however, that no such supplements shall increase the share limitations contained in Section 3.1 of the Plan. 
 * * * * * 
 I hereby certify that the foregoing Plan was duly adopted by the Board of
Directors of China Sunergy Co., Ltd. on                     , 2007. 
 * * * * * 
 I hereby certify that the foregoing Plan was approved by the shareholders
of China Sunergy Co., Ltd. on                     , 2007. 
 Executed on this day of                     , 2007. 
  

	
	  

	Corporate Secretary

  

 17 

 CHINA SUNERGY CO., LTD. 
 RESTRICTED SHARES AWARD AGREEMENT 
  

									
	Name:	 		 		  	Share Incentive Plan
					
	Address:	 		 		  	Grant:	  	Ordinary Shares (the “Restricted Shares”) of China Sunergy Co., Ltd. (the “Company”)
					
		 		 		  	Grant Price:	  	US$[    ] Per Share
					
	Signature:	 	  
	 		  	Grant Date:	  	
				
		 		 		  	Vesting Commencement Date:

 Effective on the Grant Date, you are entitled to purchase the number of Restricted Shares set forth above at the
Grant Price Per Share, in accordance with the provisions of China Sunergy Co., Ltd.’s Second Share Incentive Plan (the “Plan”) as may be amended from time to time, and subject to the restrictions, terms and conditions set forth
herein. Payment for such number of Restricted Shares shall be made in immediately available funds equal to the Grant Price Per Share multiplied by the number of Restricted Shares purchased no later than thirty days from the Grant Date, or your
Restricted Shares will be forfeited. 
 The Restricted Shares will vest in accordance with the following schedule: 
 One third of the Restricted Shares will vest on each of the first, second and third anniversaries of the vesting commencement date. 
 Once vested, the Restricted Shares will no longer be subject to repurchase and the restrictions contained in this Agreement. 
 In the event of the termination of your employment or service with the Company or any of its Subsidiaries, whether such termination is occasioned by you, by the Company
or any of its Subsidiaries (“Termination of Service”) for any reason, prior to vesting in the Restricted Shares, your right to any unvested Restricted Shares will terminate and the Company shall repurchase the unvested Restricted Shares
for an amount equal to the Grant Price Per Share multiplied by the number of unvested Restricted Shares (the “Repurchase Price”) effective as of (if you are an employee of the Company or any of its Subsidiaries) the date that you are no
longer actively employed and physically present on the premises of the Company or any of its Subsidiaries, regardless of any notice period or period of pay in lieu of such notice required under any applicable statute or the common law (each, the
“Notice Period”); provided however that if the Termination of Service happens within twelve (12) months as of the vesting commencement date, for any reason other than for “cause” as described in the sentence below or your
resignation (including de facto resignation), then the following number of the Restricted Shares will vest immediately prior to such Termination of Service: the number of Restricted Share to vest immediately prior to such Termination of Service
equals                      minus the number of Restricted Shares already vested. For this purpose, “cause” is based on a
determination by the Committee, in its discretion, that you have: (i) performed an act or failed to perform any act to the detriment of the Company or any of its Subsidiaries, including any criminal act, material negligence or omission, and
(ii) being unable to assume the position with the Company or any of its Subsidiaries as provided in the relevant employment agreement due to the applicable legal requirements (other than by reason of death or Disability). 
  

 18 

 The Company shall deliver the Repurchase Price to you as soon as practicable but not longer than 180 days following your
Termination of Service. 
 Notwithstanding the foregoing, the following number of the Restricted Shares will fully vest and no longer be subject to
forfeiture, repurchase and the restrictions contained in this Agreement if your Termination of Service is as a result of death or disability: the number of Restricted Share to vest then equals
                     minus the number of Restricted Shares already vested. 
 Until vested, the Restricted Shares are not transferable and may not be sold, pledged or otherwise transferred. 
 The
Company may but is not obligated to cause to be issued one or more share certificates, registered in your name, evidencing the Restricted Shares or may hold the Restricted Shares in book form. If the Company issues certificate(s) evidencing the
Restricted Shares each such certificate will bear the following legend: 
 The shares represented by this certificate are subject to
forfeiture and the transferability of this certificate and the shares represented hereby are subject to the restrictions, terms and conditions (including restrictions against transfer) contained in China Sunergy Co., Ltd.’s Second Share
Incentive Plan and a Restricted Shares Award Agreement dated thereof, entered into between the registered owner of such shares and China Sunergy Co., Ltd. 
 Each such certificate, together with powers duly executed in blank related to such Restricted Shares, will be deposited with the Secretary of the Company or a custodian designated by the Secretary. The Secretary or custodian will issue a
receipt to you evidencing the certificates held that are registered in your name. Following the vesting of any of your Restricted Shares, the Company will cause to be issued and delivered to you certificates evidencing such Restricted Shares, free
of the legend provided above. 
 You will not be entitled to receive dividends paid on the shares of the Company, if any, until the Restricted Shares are
vested. You will not be entitled to vote the Restricted Shares until such Restricted Shares are vested. Only the vested portion of the Restricted Shares shall entitle the holder thereof to receive dividends, if any, and voting rights. 
 The Company has the authority to deduct or withhold, or require you to remit to the Company, an amount sufficient to satisfy applicable federal, state, local and foreign
taxes arising from this Restricted Shares Award. You may satisfy your tax obligation, in whole or in part, by: (i) electing to have the Company withhold shares of your Restricted Shares otherwise to be delivered with a fair market value equal
to the minimum amount of the tax withholding obligation; (ii) surrendering to the Company previously owned Restricted Shares with a fair market value equal to the minimum amount of the tax withholding obligation; or (iii) paying over to
the Company in cash the amount of tax withholding obligation. 
 You acknowledge and consent to the collection, use, processing and transfer of personal data
as described in this paragraph. The Company, its affiliates and your employer hold certain personal information, including your name, home address and telephone number, date of birth, identification number, salary, nationality, job title, any shares
awarded, cancelled, purchased, vested, unvested or outstanding in your favor, for the purpose of managing and administering the Plan (“Data”). The 

  

 19 

 
Company and its affiliates will transfer Data to any third parties assisting the Company in the implementation, administration and management of the Plan.
These recipients may be located in the PRC or elsewhere such as the European Economic Area or the United States. You authorize them to receive, possess, use, retain and transfer the Data, in electronic or other form, for the purposes of
implementing, administering and managing your participation in the Plan, including any requisite transfer of such Data as may be required for the administration of the Plan and/or the subsequent holding of shares on your behalf to a broker or other
third party with whom you may elect to deposit any shares acquired pursuant to the Plan. You may, at any time, review Data, require any necessary amendments to it or withdraw the consent herein in writing by contacting the Company; however,
withdrawing the consent may affect your ability to participate in the Plan. 
 Your participation in the Plan is voluntary. The value of the Restricted
Shares Award is an extraordinary item of compensation outside the scope of your employment contract, if any. As such, the Restricted Shares Award is not part of normal or expected compensation for purposes of calculating any severance, resignation,
redundancy, end of service payments, bonuses, long-service awards, pensions or retirement benefits or similar payments unless specifically and otherwise provided. Rather, the awarding of Restricted Shares under the Plan represents a mere investment
opportunity. 
 You confirm and agree that you will satisfy all your legal obligations under PRC laws and regulations in performing this Agreement, including
but not limited to undertaking approval or registration procedures as required by PRC foreign exchange law or the relevant foreign exchange authority (if any). You further agree to pay off individual taxes resulted hereunder as required by Hong Kong
tax law (if any) while the Company agrees to pay off individual taxes as required by PRC tax law. You agree to irrevocably and unconditionally waiver or forgo any rights or claims against the Company, if any of your rights or benefits under this
Agreement is adversely affected by your failure to comply with PRC law or by the future developments in the PRC legal system, including the promulgation of new laws or policies, changes to the existing laws or the interpretation or enforcement
thereof, the preemption of local regulations by national laws, or the overturn of local government’s decision by superior government. 
 This Restricted
Shares Award is granted under and governed by the terms and conditions of the Plan. You acknowledge and agree that the Plan is discretionary in nature and may be amended, cancelled, or terminated by the Company, in its sole discretion, at any time.
The grant of a Restricted Shares Award under the Plan is a one-time benefit and does not create any contractual or other right to receive an award of Restricted Shares or benefits in lieu of Restricted Shares in the future. Future awards of
Restricted Shares, if any, will be at the sole discretion of the Company, including, but not limited to, the timing of the award, the number of shares, and vesting provisions. The Plan has been introduced voluntarily by the Company and in accordance
with the provisions of the Plan may be terminated by the Company at any time. By execution of this Agreement, you consent to the provisions of the Plan and this Agreement. Defined terms used herein shall have the meaning set forth in the Plan,
unless otherwise defined herein. 
  

 20 

			
	COMPANY:
	
	China Sunergy Co., Ltd.
	
	  

	Name:	 	
	Title:	 	
	
	ACKNOWLEDGED AND AGREED BY:
	
	  

	Name:	 	

  

 21Form of Employment Agreement

 Exhibit 4.11 
  
  
 EMPLOYMENT AGREEMENT 
 BETWEEN 
 CHINA SUNERGY CO., LTD.

 AND 
  
  
 Dated
                     
  
  
  
  
  

 1 

 OFFSHORE EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT AGREEMENT (this “Agreement”), dated as of
                    , is entered into by and between CHINA SUNERGY CO., LTD., a company organized in Cayman Islands and existing under the
laws of the Cayman Islands (the “Company”), and                      (“Executive”), and shall become
effective as of the date hereof (the “Effective Date”). 
 WHEREAS, the Company desires to employ Executive and to enter
into an agreement embodying the terms of such employment on and after the Effective Date; and 
 WHEREAS, Executive desires and is willing to
enter into such employment with the Company and to enter into this Agreement; and 
 NOW, THEREFORE, in consideration of the premises and
mutual covenants herein and for other good and valuable consideration, the parties hereby agree as follows: 
 1. Definitions. For the
purposes of this Agreement: 
 “Group” means the Company and any company which is for the time being and from time to time,
the holding company, parent, subsidiary or Affiliate of the Company. 
 “Affiliate” of a Person (the “Subject
Person”) means any other Person directly or indirectly controlling, controlled by or under common control with the Subject Person, where “control” means the possession, directly or indirectly, of the power to direct or
cause the direction of the management and policies of a Person, whether through the ownership of voting securities, by contract or otherwise, and includes (a) ownership directly or indirectly of 50% or more of the shares in issue or other
equity interests of such Person, (b) possession directly or indirectly of 50% or more of the voting power of such Person or (c) the power directly or indirectly to appoint a majority of the members of the board of directors or similar
governing body of such Person, and the terms “controlling” and “controlled” have meanings correlative to the foregoing. 
 “Person”, for the purpose of this Agreement, means an individual, corporation, joint venture, enterprise, partnership, trust, unincorporated association, limited liability company, government or any
department or agency thereof, or any other entity. 
 2. Term of Employment. Subject to the provisions of Section 8 of this
Agreement, this Agreement shall be effective for a period commencing on the Effective Date and ending on the day immediately preceding
                                        
             (the Initial Term together with any extension shall be referred to hereinafter as the “Employment Term”). 
  

 2 

 3. Position. 
 (a) Executive shall serve as the
                                 of the Company. In such position, Executive shall
have such duties and authority as shall be determined from time to time by the Board of Directors of the Company (the “Board”). Executive shall report to the
                    . 
 (b)
During the Employment Term, Executive will devote his business time and best efforts to the performance of his duties hereunder and will not engage in any other business, profession or occupation for compensation or otherwise which would conflict
with the rendition of such services either directly or indirectly, without the prior written consent of the Board. 
 4. Base Salary.
During the Employment Term, the Company shall pay Executive a base salary (the “Base Salary”) at the annual rate of [$                ], payable
in regular installments in accordance with the Company’s usual payroll practices. The Board may from time to time review and increase the Base Salary in its sole discretion. During the Employment Term, the Executive shall be eligible for any
bonus program approved by the Board for the benefit of the senior executives of the Company; provided however, that the foregoing shall not create any presumption that a bonus will actually be granted by the Company to the Executive.

 5. Employee Benefits. During the Employment Term, Executive shall be provided with benefits on the same basis as benefits are
generally made available to other senior executives of the Company. 
 6. Vacation. Executive shall be entitled to four (4) weeks
annual paid vacation in accordance with the vacation accrual policy of the Company. 
 7. Business Expenses. During the Employment
Term, reasonable business expenses incurred by Executive in the performance of his duties hereunder shall be reimbursed by the Company in accordance with Company policies. 
 8. Termination. Notwithstanding any other provision of this Agreement: 
 (a) For Cause by the Company. The Employment Term, and Executive’s employment hereunder, may be terminated at any time by the Company for
“Cause” (as defined below) upon delivery of a “Notice of Termination” (as defined in Section 8(e)) by the Company to Executive. For purposes of this Agreement, “Cause” shall mean, in each case, as reasonably
determined by the Board: (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 fifteen (15) days following receipt of such written demand; (iv) Executive’s material, 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 

  

 3 

 
resulted or is likely to result in material damage to the Company or any of its affiliates or subsidiaries; 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. 
 If Executive is terminated for Cause pursuant to this Section 8(a), he shall be entitled to receive only his Base Salary and authorized benefits through the date of termination and he shall have no further rights
to any compensation (including any Base Salary or Bonus) or any other benefits under this Agreement. All other benefits, if any, due to the Executive following Executive’s termination of employment for Cause pursuant to this Section 8(a)
shall be determined in accordance with the plans, policies and practices of the Company; provided, however, that Executive shall not participate in any severance plan, policy or program of the Company. 
 (b) Disability or Death. The Employment Term, and Executive’s employment hereunder, shall terminate immediately upon his death or following
delivery of a Notice of Termination by the Company to Executive if Executive becomes physically or mentally incapacitated and is therefore unable for a period of ninety (90) consecutive days or one hundred twenty (120) days during any
consecutive six (6) month period to perform his duties with substantially the same level of quality as immediately prior to such incapacity (such incapacity is hereinafter referred to as “Disability”). Upon termination of
Executive’s employment hereunder for either Disability or death, Executive or Executive’s estate (as the case may be) shall be entitled to receive his Base Salary through the date of termination and any earned but unpaid Bonus for any
calendar year preceding the year in which the termination occurs. Executive or Executive’s estate (as the case may be) shall have no further rights to any compensation (including any Base Salary or Bonus) or any other benefits under this
Agreement. All other benefits, if any, due Executive following Executive’s termination for Disability or death shall be determined in accordance with the plans, policies and practices of the Company; provided, however, that Executive (or his
estate, as the case may be) shall not participate in any severance plan, policy or program of the Company. 
 (c) Without Cause by the Company or for Good Reason by Executive. The Employment Term, and Executive’s employment hereunder, may be terminated by the Company without Cause (other than by reason of
Executive’s Disability) or by Executive for “Good Reason” (as defined below) following the delivery of a Notice of Termination to the other party. If Executive’s employment is terminated by the Company without Cause (other than
by reason of Disability) or by Executive for Good Reason, Executive shall receive, within thirty (30) days following termination, a lump sum payment of (i) any earned but unpaid Base Salary through the date of termination and (ii) any
earned but unpaid Bonus for any calendar year preceding the year in which the termination occurs. In addition, subject to Executive’s compliance with Sections 9, 10 and 11, Executive shall continue to receive in bi-weekly installments the Base
Salary Executive would have otherwise received through the first (1st) anniversary of the date of termination in the case of termination by the
Company without Cause, or through the sixth (6th) month anniversary of the date of termination in the case of termination by Executive for Good
Reason; provided, however, that if necessary to avoid additional or accelerated taxation pursuant to Section 409A of the Code, Executive will receive the first twelve (12) installments of the foregoing payments on the six-month
anniversary of the date of his termination in a lump sum payment and the remainder of such payments, if any, shall 

  

 4 

 
thereafter be paid in bi-weekly installments through the first anniversary of the date of termination. Executive shall have no further rights to any
compensation (including any Base Salary or Bonus) or any other benefits under this Agreement. All other benefits, if any, due Executive following a termination pursuant to this Section 8(c) shall be determined in accordance with the plans,
policies and practices of the Company; provided, however, that Executive shall not participate in any severance plan, policy or program of the Company. If Executive’s employment is terminated pursuant to this Section 8(c), the continued
payment of Base Salary shall be subject to Employee’s execution of a release in favor of the Company, its affiliates and their respective officers, directors and employees in such form as may be required by the Company. 
 For purposes of this Agreement, “Good Reason” means: 
 (i) Any failure by the Company to comply with any of the material provisions of this Agreement, other than an isolated, insubstantial and inadvertent failure not occurring in bad faith; 
 (ii) any change in the duties or responsibilities (including reporting responsibilities) of Executive that is inconsistent in any material and adverse
respect with Executive’s position(s), duties or responsibilities with the Company (including any material and adverse diminution of such duties or responsibilities); provided, however, that Good Reason shall not be deemed to occur
upon a change in duties or responsibilities (other than reporting responsibilities) that is solely and directly a result of any event set forth in Section 8(a), (b) or (d); or 
 (iii) any failure by the Company to comply with the provisions of Section 4 of this Agreement; 
 provided that a termination by Executive with Good Reason shall be effective only if, within thirty (30) days following the delivery of a Notice of Termination for
Good Reason by Executive to the Company, the Company has failed to cure the circumstances giving rise to Good Reason. 
 (d) Termination
by Executive without Good Reason. The Employment Term, and Executive’s employment hereunder, may be terminated by Executive without Good Reason following the delivery of a Notice of Termination to the Company. Upon a termination by
Executive pursuant to this Section 8(d), Executive shall be entitled to his Base Salary up to the date of such termination and he shall have no further rights to any compensation (including any Base Salary or Bonus) or any other benefits under
this Agreement. All other benefits, if any, due Executive following termination pursuant to this Section 8(d) shall be determined in accordance with the plans, policies and practices of the Company; provided, however, that Executive shall not
participate in any severance plan, policy or program of the Company. 
 (e) Notice of Termination. Any purported termination of
employment by the Company or Executive (other than on account of the death of Executive) shall be communicated by a written Notice of Termination to Executive or the Company, respectively, delivered in accordance with Section 14(j) hereof. For
purposes of this Agreement, a “Notice of  

  

 5 

 
Termination” shall mean a notice which shall indicate the specific termination provision in this Agreement relied upon, the date of termination,
and shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination of employment under the provision so indicated. The date of termination of Executive’s employment shall be the date so stated in the
Notice of Termination and shall be no less than thirty (30) days following the delivery of a Notice of Termination; except that in the case of a termination by the Company for Cause in accordance with the terms of
Section 8(a) hereof, in which case the date of termination of Executive’s employment may be, at the sole discretion of the Company, be the same date as the delivery of the Notice of Termination. 
 9. Non-Competition/Non-Solicitation. 
 (a) Executive acknowledges and recognizes the highly competitive nature of the “Business” (as defined below) of the Company and its subsidiaries and affiliates and accordingly agrees as follows: 
 (i) (A) The term “Business” means the manufacturing, whether directly by the Company or through its various subsidiaries or
Affiliates (including without limitation NJPV), of photovoltaic cells and such other related business activities as the Company may engage in from time to time; (B) the Business is conducted primarily in the People’s Republic of China
(“China” or the “PRC”); (C) Executive has intimate and valuable knowledge of the Business, as well as technical, financial, customer, supplier and other confidential information related to the Business, which,
if exploited by Executive in contravention of the terms of this Agreement, would seriously, adversely and irreparably affect the ability of the Company to continue the Business; (D) the agreements and covenants contained in this Agreement, as
they relate to the Business and otherwise, have been determined by the Company to be essential to protect the Business and goodwill of the Company; (E) for purposes of this Section 9, the Company shall be construed to include the Company
and its subsidiaries and affiliates; and (F) Executive has the means to support himself and his dependents other than by engaging in the Business, and the provisions of this Agreement will not impair such ability in any manner whatsoever.

 (ii) During the Employment Term and until the third anniversary of the date Executive ceases to be employed by the Company (the
“Restricted Period”), Executive will not directly or indirectly, (A) engage in the Business for Executive’s own account in China, (B) enter the employ of, or render any services to, any Person engaged in the Business
in the PRC or (C) acquire a financial interest in, or otherwise become actively involved with, any person engaged in the Business in the PRC, directly or indirectly (and whether or not for compensation), as an individual, partner, shareholder,
officer, director, principal, agent, trustee or consultant, or (D) interfere with business relationships (whether formed before or after the Effective Date) between the Company and customers or suppliers of, or consultants to, the Company.

 (iii) Notwithstanding anything to the contrary in this Agreement, Executive may, directly or indirectly, own, solely through passive
ownership as a portfolio investment (with no director designation rights or other special governance rights), securities of any person engaged in the Business which are publicly traded on a national or 

  

 6 

 
regional stock exchange or on the over-the-counter market if Executive (A) is not a controlling person of, or a member of a group which controls, such
person and (B) does not, directly or indirectly, own 1% or more of any class of securities of such person. 
 (iv) During the
Restricted Period, Executive will not, directly or indirectly, solicit or encourage to cease to work with the Company, or directly or indirectly hire, any person who is an employee of or consultant then under contract with the Company or who was an
employee of or consultant then under contract with the Company within the one year preceding such activity without the Company’s written consent. 
 (b) It is expressly understood and agreed that although Executive and the Company consider the restrictions contained in this Section 9 to be reasonable, if a judicial determination is made by a court of
competent jurisdiction that the time or territory or any other restriction contained in this Agreement is an unenforceable restriction against Executive, the provisions of this Agreement shall not be rendered void but shall be deemed amended to
apply as to such maximum time and territory and to such maximum extent as such court may judicially determine or indicate to be enforceable. Alternatively, if any court of competent jurisdiction finds that any restriction contained in this Agreement
is unenforceable, and such restriction cannot be amended so as to make it enforceable, such finding shall not affect the enforceability of any of the other restrictions contained herein. 
 10. Nondisparagement. Executive agrees (whether during or after Executive’s employment with the Company) not to issue, circulate, publish or
utter any false or disparaging statements, remarks or rumors about the Company or its affiliates or the officers, directors, managers or shareholders of the Company or its affiliates unless giving truthful testimony under subpoena. 
 11. Confidentiality. Executive shall not, without the prior written consent of the Company, use, divulge, disclose or make accessible to any other
person, firm, partnership, corporation or other entity, any “Confidential Information” (as defined below) except while employed by the Company, in furtherance of the business of and for the benefit of the Company or its affiliates;
provided that Executive may disclose such information when required to do so by a court of competent jurisdiction, by any governmental agency having supervisory authority over the business of the Company and/or its affiliates, as the case may be, or
by any administrative body or legislative body (including a committee thereof) with jurisdiction to order Executive to divulge, disclose or make accessible such information; provided, further, that in the event that Executive is ordered by a court
or other government agency to disclose any Confidential Information or Personal Information, Executive shall (i) promptly notify the Company of such order, (ii) at the written request of the Company, diligently contest such order at the
sole expense of the Company as expenses occur, and (iii) at the written request of the Company, seek to obtain, at the sole expense of the Company, such confidential treatment as may be available under applicable laws for any information
disclosed under such order. For purposes of this Section 11, “Confidential Information” shall mean non-public information concerning the financial data, strategic business plans, product development (or other proprietary
product data), customer lists, marketing plans and other non-public, proprietary and confidential information relating to the business of the Company or its subsidiaries, affiliates or customers, that, in any case, is not otherwise available to the
public (other than by Executive’s breach of the 

  

 7 

 
terms hereof). Upon termination of Executive’s employment with the Company and its affiliates, Executive shall return all Company property, including,
without limitation, files, records, disks and any media containing Confidential Information, including all copies thereto. 
 12.
Assignment of Inventions. 
 (a) Exhibit A hereto lists all inventions, original works of authorship, developments,
improvements, and trade secrets which were made by the Executive prior to his employment with the Company (collectively referred to as “Prior Inventions”), which belong to the Executive, which relate to the Company’s Business,
products or research and development, and which are not assigned to the Company hereunder; or, if no such list is attached, the Executive represents that there are no such Prior Inventions. 
 (b) If in the course of his employment with the Company, the Executive incorporates into a product, process or machine of the Company and/or any other
member of the Group a Prior Invention owned by him or in which he have an interest, the Company and/or any member of the Group is hereby granted and shall have a nonexclusive, royalty-free, irrevocable, perpetual, worldwide license to make, have
made, modify, use and sell such Prior Invention as part of or in connection with such product, process or machine. 
 (c) The Executive
shall promptly make full written disclosure to the Company, will hold in trust for the sole right and benefit of the Company, and hereby assign, free or charge, to the Company, or its designee, all the right, title, and interest he may have in and
to any and all inventions, original works of authorship, developments, concepts, improvements, designs, discoveries, ideas, trademarks or trade secrets, processes, copyright works, know-how, Confidential Information, any other work’s
information or matter which gives rise or may give rise to any intellectual property of whatsoever nature, whether or not patentable or registrable under any law of any country, which he may solely or jointly conceive or develop or reduce to
practice, or cause to be conceived or developed or reduced to practice, during his employment with the Company (collectively referred to as “Inventions”), except as provided in Section 12(j) below. 
 (d) The Executive acknowledges that the Company, or its designee, has the absolute title, right or interest in and to any and all original inventions or
works of authorship which are made by him, as an employee, (solely or jointly with others) within the scope of and during the period of the employment with the Company and which inventions and works are the “service invention-creation” and
“works made for hire” as defined under applicable law. If any one or more of the aforementioned Inventions can be protected by copyright and are not considered to be “service invention-creation” or “works made for hire”
as defined under applicable law, such items shall be deemed to be assigned and transferred completely and exclusively to the Company, or its designee, by virtue of the execution of this Agreement by the Executive. 
 (e) The Executive acknowledges that the decision whether or not to commercialize or market any invention developed by him solely or jointly with others
is within the Company’ sole discretion and for the sole benefit of the Company and/or any other member of the Group, and that no royalty will be due to the Executive as a result of the Company’s efforts (or the efforts of any member of the
Group) to commercialize or market any such Invention. 
  

 8 

 (f) The Executive shall keep and maintain adequate and current written records of all Inventions made by
him (solely or jointly with others) during the term of his employment with the Company. The records will be in the form of notes, sketches, drawings, and any other format that may be specified by the Company. The records will be available to and
remain the sole property of the Company at all times. 
 (g) The Executive shall assist the Company, or its designee, at the Company’s
expense, in every proper way to secure the Company’s (or its designee’s) rights in the Inventions and any copyrights, patents, mask work rights or other intellectual property rights relating thereto in any and all countries, including the
disclosure to the Company of all pertinent information and data with respect thereto, the execution of all applications, specifications, oaths, assignments and all other instruments which the Company shall deem necessary in order to apply for and
obtain such rights and in order to assign and convey to its successors, assigns, and nominees the sole and exclusive rights, title and interest in and to such Inventions, and any copyrights, patents, mask work rights or other intellectual property
rights relating thereto, and to do all other things reasonably requested by the Company, or its designee, (both during and after the term of this Agreement) in order to vest more fully in the Company, or its designee, all ownership rights in the
Inventions. 
 (h) If the Company is unable because of the Executive’s mental or physical incapacity or for any other reason to secure
his signature to apply for or to pursue any application for any United States, PRC or foreign patents or copyright registrations covering Inventions or original works of authorship assigned to the Company as set forth above, the Executive hereby
irrevocably designates and appoints the Company and its duly authorized officers and agents as his agent and attorney in fact, to act for and in his behalf and stead to execute and file any such applications and to do all other lawfully permitted
acts to further the prosecution and issuance of letters patent or copyright registrations thereon with the same legal force and effect as if executed by the Executive. 
 (i) With respect to Inventions that are not considered as “service invention-creation” or “works made for hire” under applicable law, to the extent that any application, registration or other
governmental processes may be required in order to protect the Company’s, or its designee’s ownership of any Inventions, the Executive hereby grants the Company, or its designee, an irrevocable power of attorney to execute all documents
and do all acts in his name as the Company, or its designee, may deem necessary or advisable to effect such processes and agrees to diligently and faithfully assist the Company, or its designee, in effecting such processes. 
 (j) Any assignment of any Inventions under this Agreement includes all rights of paternity, integrity, disclosure and withdrawal and any other rights
that may be known as or referred to as “moral rights” (collectively “Moral Rights”). To the extent such Moral Rights cannot be assigned under applicable law and to the extent the following is allowed by the laws in the
various countries where such Moral Rights exist, the Executive hereby waives such Moral Rights and consent to any action of the Company, or its designee, that would violate such Moral Rights in the absence of such consent. The Executive hereby
covenants to confirm any such waivers and consents from time to time as requested by the Company, or its designee. 
  

 9 

 (k) In respect of any inventions which are not Inventions but which relate to the business of the
Company or Group, the Company or any member of the Group shall have a pre-emptive right to acquire for itself or its nominee all or any part (at the Company’s option) of the Executive’s rights therein within three (3) months of their
disclosure by the Executive to the Company under Section 12(c) above on such terms as shall be agreed by the Company and Executive. In the event that the Company or any member of the Group decides not to acquire such inventions, the Executive
hereby grants to the Company, a perpetual, worldwide, irrevocable, royalty-free, fully paid-up, exclusive license to use for any and all purposes and in any manner any such other inventions that are within the scope of the actual and anticipated
business of the Company or the Group. 
 13. Enforcement of Restrictive Covenants. Executive acknowledges and agrees that the
Company’s remedies at law for a breach or threatened breach of any of the provisions of Sections 9, 10, 11 or 12 herein would be inadequate and, in recognition of this fact, Executive agrees that, in the event of such a breach or
threatened breach, in addition to any remedies at law, the Company, without posting any bond, shall be entitled to obtain equitable relief in the form of specific performance, temporary restraining order, temporary or permanent injunction or any
other equitable remedy which may then be available. In addition, upon a violation by Executive of Section 9, 10, 11 or 12, as determined in good faith by the Board, all payments remaining due to Executive pursuant to Section 8(c), if
applicable, shall immediately cease. 
 14. Miscellaneous. 
 (a) Acceptance. Executive hereby represents that his performance and execution of this Agreement does not and will not constitute a breach of any
agreement or arrangement to which he is a party or is otherwise bound, including, without limitation, any noncompetition or employment agreement. 
 (b) GOVERNING LAW; CONSENT TO JURISDICTION. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN ACCORDANCE WITH THE LAWS OF THE STATE OF NEW YORK OF THE UNITED STATES OF AMERICA APPLICABLE TO AGREEMENTS MADE AND TO BE WHOLLY
PERFORMED WITHIN THAT STATE, WITHOUT REGARD TO THE CONFLICT OF LAWS PROVISIONS OF ANY JURISDICTION WHICH WOULD CAUSE THE APPLICATION OF ANY LAW OTHER THAN THAT OF THE STATE OF NEW YORK. ANY ACTION TO ENFORCE THIS AGREEMENT AND/OR THE EXHIBITS HERETO
(OTHER THAN AN ACTION WHICH MUST BE BROUGHT BY ARBITRATION PURSUANT TO SECTION 14(d)) MUST BE BROUGHT IN, AND THE PARTIES HEREBY CONSENT TO THE JURISDICTION OF, A COURT SITUATED IN NEW YORK COUNTY, NEW YORK. EACH PARTY HEREBY WAIVES THE RIGHTS TO
CLAIM THAT ANY SUCH COURT IS AN INCONVENIENT FORUM FOR THE RESOLUTION OF ANY SUCH ACTION. 
  

 10 

 (c) JURY TRIAL WAIVER. THE PARTIES EXPRESSLY AND KNOWINGLY WAIVE ANY RIGHT TO A JURY TRIAL IN THE
EVENT ANY ACTION ARISING UNDER OR IN CONNECTION WITH THIS AGREEMENT OR EXECUTIVE’S EMPLOYMENT WITH THE COMPANY IS LITIGATED OR HEARD IN ANY COURT. 
 (d) Arbitration; Legal Fees. Except to the extent contemplated by Section 13, any dispute, controversy or other claim arising out of or relating to (i) this Agreement, or (ii) Executive’s
employment with the Company shall be resolved by binding confidential arbitration before a single arbitrator, to be held in New York, New York in accordance with the Commercial Arbitration Rules of the American Arbitration Association. Judgment upon
the award rendered by the arbitrator may be entered in any court having jurisdiction thereof. Each party shall be responsible for its own expenses relating to the conduct of the arbitration or litigation (including reasonable attorneys’ fees
and expenses) and shall share the fees of the American Arbitration Association and the arbitrator, if applicable, equally. 
 (e) Entire
Agreement/Effectiveness of this Agreement. This Agreement constitutes the entire agreement between the parties as of the Effective Date and supersedes all previous agreements and understandings between the parties with respect to the subject
matter thereof. Executive hereby acknowledges and agrees that the Prior Employment Agreement shall terminate as of immediately prior to the Effective Date and Executive shall have no further rights thereunder and the Company and its affiliates shall
have no further obligations thereunder. 
 (f) Amendments. There are no restrictions, agreements, promises, warranties, covenants or
undertakings between the parties with respect to the subject matter herein other than those expressly set forth herein. This Agreement may not be altered, modified, or amended except by written instrument signed by the parties hereto. Sections 9,
10, 11, 12 and 13 survive the termination of this Agreement and the termination of Executive’s employment with the Company, except as otherwise specifically stated therein. 
 (g) No Waiver. The failure of a party to insist upon strict adherence to any term of this Agreement on any occasion shall not be considered a
waiver of such party’s rights or deprive such party of the right thereafter to insist upon strict adherence to that term or any other term of this Agreement. 
 (h) Severability. In the event that any one or more of the provisions of this Agreement shall be or become invalid, illegal or unenforceable in any respect, each such provision shall be processed with whatever
deletion or modification is necessary so that the provision is otherwise legal, valid and enforceable and gives effect to the commercial intention of the parties. To the extent it is not possible to delete or modify the provision, in whole or in
part, then such provision or part of it shall, to the extent that it is illegal, invalid or unenforceable, be deemed not to form part of this Agreement and the validity, legality and enforceability of the remaining provisions of this Agreement
shall, subject to any deletion or modification made hereunder, not be affected. 
 (i) Assignment. Executive shall not have the right
to assign his interest in this Agreement, any rights under this Agreement or any duties imposed under this 

  

 11 

 
Agreement. This Agreement may be assigned by the Company to any successor in interest to substantially all of the business operations of the Company. Such
assignment shall become effective when the Company notifies Executive of such assignment or at such later date as may be specified in such notice. Upon such assignment, the rights and obligations of the Company hereunder shall become the rights and
obligations of such successor company. 
 (j) Notice. For the purpose of this Agreement, notices and all other communications
provided for in this Agreement shall be in writing and shall be deemed to have been duly given if delivered personally, if delivered by overnight courier service, if sent by facsimile transmission or if mailed by registered mail, return receipt
requested, postage prepaid, addressed to the respective addresses or sent via facsimile to the respective facsimile numbers, as the case may be, as set forth below, or to such other address as either party may have furnished to the other in writing
in accordance herewith, except that notice of change of address shall be effective only upon receipt; provided, however, that (i) notices sent by personal delivery or overnight courier shall be deemed given when delivered; (ii) notices
sent by facsimile transmission shall be deemed given upon the sender’s receipt of confirmation of complete transmission, and (iii) notices sent by United States registered mail shall be deemed given seven (7) days after the date of
deposit in the United States mail. 
 If to Executive, to: 
 If to the Company, to: 
 123 Focheng West Road 
 Jiangning Economic & Technical Development Zone 
 Nanjing, PRC 211100 
 Facsimile: +86 (25) 5276-6882 
 Attention: Lu Tingxiu 
 with a copy to:

 Latham & Watkins LLP 
 41/F One Exchange Square 
 8 Connaught Place, Central 
 Facsimile: (852) 2522-7006 
 Attention:
David T. Zhang 
 (k) Withholding Taxes. The Company may withhold from any amounts payable under this Agreement such Federal, state,
local and foreign taxes as may be required to be withheld pursuant to any applicable law or regulation. 
 (l) Continuation of
Employment. Unless the parties otherwise agree in writing, continuation of Executive’s employment with the Company beyond the expiration of the Employment Term shall be deemed an employment “at will” and shall not be deemed to
extend any of the provisions of this Agreement, and Executive’s employment may thereafter be terminated at will by Executive or the Company. 
  

 12 

 (m) Counterparts. This Agreement may be signed in counterparts, each of which shall be an
original, with the same effect as if the signatures thereto and hereto were upon the same instrument. 
 [THE REMAINDER OF THIS PAGE IS
INTENTIONALLY LEFT BLANK] 
  

 13 

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

			
	EXECUTIVE
	
	  

	
	CHINA SUNERGY CO., LTD.
		
	By:	 	  

	Name:	 	
	Title:	 	

  

 14 

 EXHIBIT A 
 Prior Inventions 
  

 15 

 Schedule 
  

											
	 No.
	 	 Date of
Agreement
	 	 Senior
Executive
Officer
	 	 Term of Employment
	 	 Position
	 	 Prior Inventions

	1	 	 October 25,
 2006
	 	Jianhua Zhao	 	 the Fifth (5 th) anniversary of the Effective
Date (the “Initial Term”); provided, however, that such term shall be automatically extended for successive twelve (12) month periods unless, no later than Sixty (60)
 days prior to the expiration of the Initial Term or any extension thereof, either party hereto shall provide written notice to the other party hereto of its or his desire not to extend the term hereof.
	 	 President and Chief Scientist;
  
 Board
	 	Screen printed p-type silicon solar cell manufacturing technology, involving the standard steps of texturing etch, phosphorus diffusion, edge isolation plasma etch, PECVD SiNx deposition, screen
printing front and rear Ag and Al contact metal, firing the pastes, testing, sorting and packing.
						
	2	 	 October 25,
 2006
	 	Fengming Zhang	 	the Fifth (5 th) anniversary of the Effective Date (the “Initial Term”);
provided, however, that such term shall be automatically extended for successive twelve (12) month periods unless, no later than Sixty (60) days prior to the expiration of the Initial Term or any extension thereof, either party hereto shall provide
written notice to the other party hereto of its or his desire not to extend the term hereof.	 	 Vice President –
 Manufacturing;
  
 Board
	 	None

  

 16 

											
	3	 	 October 25,
 2006
	 	Aihua Wang	 	 the Fifth (5 th) anniversary of the Effective
Date (the “Initial Term”); provided, however, that such term shall be automatically extended for successive twelve (12) month periods unless, no later than Sixty (60)
 days prior to the expiration of the Initial Term or any extension thereof, either party hereto shall provide written notice to the other party hereto of its or his desire not to extend the term hereof.
	 	 Vice President - Research and Development;
  
 Board
	 	Screen printed p-type silicon solar cell manufacturing technology, involving the standard steps of texturing etch, phosphorus diffusion, edge isolation plasma etch, PECVD SiNx deposition, screen
printing front and rear Ag and Al contact metal, firing the pastes, testing, sorting and packing.
						
	4	 	 December 17,
 2007
	 	Kenneth Luk	 	the Third(3rd) anniversary of the Effective Date (the “Initial Term”), and
with 1 year guarantee without cause; provided, however, that such term shall be automatically extended for successive twelve (12) month periods unless, no later than Ninety(90) days prior to the expiration of the Initial Term or any extension
thereof, Executive hereto shall provide written notice to the company hereto of his desire not to extend the term hereof.	 	 CFO (Chief Financial Officer)
  
 CEO Allen Wang
	 	None
						
	5	 	 August 30,
 2007
	 	Fang Yang	 	the Third(3rd) anniversary of the Effective Date (the “Initial Term”);
provided, however, that such term shall be automatically extended for successive twelve (12) month periods unless, no later than Ninety (90) days prior to the expiration of the Initial Term or any extension thereof, either party hereto shall provide
written notice to the other party hereto of its or his desire not to extend the term hereof.	 	Assistant to Chief Executive Officer and Vise President- Business Planning	 	None

  

 17 

 ENGLISH TRANSLATION 
  
  
 EMPLOYMENT AGREEMENT 
 BETWEEN 
 ____________________ 
 AND 
 ____________________ 
  
  
 Dated
                     
  
  
  
  
  

 18 

 THIS EMPLOYMENT AGREEMENT (this “Agreement”), dated as of
                    , is entered into by and between
                     a limited liability company incorporated in
                     and existing under the laws of the
                     (the “Company”), and
Mr.                      (“Executive”), and shall become effective as of the date hereof (the “Effective
Date”). 
 WHEREAS, the Company desires to employ Executive and to enter into an agreement embodying the terms of such employment on
and after the Effective Date; and 
 WHEREAS, Executive desires and is willing to enter into such employment with the Company and to enter
into this Agreement; and 
 NOW, THEREFORE, in consideration of the premises and mutual covenants herein and for other good and valuable
consideration, the parties hereby agree as follows: 
 1. Definitions. For the purposes of this Agreement: 
 “Group” means the Company and any company which is for the time being and from time to time, the holding company, parent, subsidiary or
Affiliate of the Company. 
 “Affiliate” of a Person (the “Subject Person”) means any other Person directly
or indirectly controlling, controlled by or under common control with the Subject Person, where “control” means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of
a Person, whether through the ownership of voting securities, by contract or otherwise, and includes (a) ownership directly or indirectly of 50% or more of the shares in issue or other equity interests of such Person, (b) possession
directly or indirectly of 50% or more of the voting power of such Person or (c) the power directly or indirectly to appoint a majority of the members of the board of directors or similar governing body of such Person, and the terms
“controlling” and “controlled” have meanings correlative to the foregoing. 
 “Person”,
for the purpose of this Agreement, means an individual, corporation, joint venture, enterprise, partnership, trust, unincorporated association, limited liability company, government or any department or agency thereof, or any other entity.

 2. Term of Employment. Subject to the provisions of Section 8 of this
Agreement, this Agreement shall be effective for a period commencing on the Effective Date and ending on the day immediately preceding the
                     anniversary of the Effective Date (the “Initial Term”); provided, however, that such term shall be
automatically extended for successive twelve (12) month periods unless, no later than                      days prior to the expiration
of the Initial Term or any extension thereof, either party hereto shall provide written notice to the other party hereto of its or his desire not to extend the term hereof (the Initial Term together with any extension shall be referred to
hereinafter as the “Employment Term”). 
  

 19 

 3. Position. 
 (a) Executive shall serve as the                      of the Company. In such position, Executive shall have
such duties and authority as shall be determined from time to time by the Board of Directors of the Company (the “Board”). Executive shall report to the Board. 
 (b) During the Employment Term, Executive will devote his business time and best efforts to the performance of his duties hereunder and will not engage
in any other business, profession or occupation for compensation or otherwise which would conflict with the rendition of such services either directly or indirectly, without the prior written consent of the Board. 
 4. Base Salary. During the Employment Term, the Company shall pay Executive a base salary (the “Base Salary”) at the annual rate
of                     , payable in regular installments in accordance with the Company’s usual payroll practices. The Board may from
time to time review and increase the Base Salary in its sole discretion. During the Employment Term, the Executive shall be eligible for any bonus program approved by the Board for the benefit of the senior executives of the Company; provided
however, that the foregoing shall not create any presumption that a bonus will actually be granted by the Company to the Executive. 
 5.
Employee Benefits. During the Employment Term, Executive shall be provided with benefits on the same basis as benefits are generally made available to other senior executives of the Company. 
 6. Vacation. Executive shall be entitled to
                     annual paid vacation in accordance with the vacation accrual policy of the Company. 
 7. Business Expenses. During the Employment Term, reasonable business expenses incurred by Executive in the performance of his duties hereunder
shall be reimbursed by the Company in accordance with Company policies. But the same expenses can only be reimbursed once within the Group. 
 8. Termination. 
 (a) In any of the following circumstances, the Company is entitled to terminate this Agreement by
         day prior written notice to the Executive: 
 (i) The Executive is unable, due to a
non-job-related illness or injury, to perform the Executive’s original job functions or the functions of a new job assigned by Company, even after medical treatment thereof; 
 (ii) The Executive is not capable, after training, of performing her originally assigned job functions or a newly assigned job; 
 (iii) The basis upon which this Agreement was signed has changed substantially so that it is not possible to continue to carry out this Agreement as
originally intended and, after consultations, Company and the Executive fail to agree as to how to amend this Agreement; 
  

 20 

 (iv) Any other reason lawful under PRC laws and regulations. 
 (b) In any of the following circumstances, the Company is entitled to terminate this Agreement “for cause”, without prior notice or paying
economic compensation: 
 (i) The Executive has seriously violated PRC laws or regulations or the Company policies or rules; 
 (ii) the Executive has profited illegally from or otherwise abused his/her position; 
 (iii) the Executive has caused material damage to Company’s reputation or interests; 
 (iv) the Executive has been convicted of a crime; or 
 (v) Any other reason lawful under PRC laws and regulations. 
 (c) The Executive is entitled to terminate
this Agreement by          day prior written notice to the Company. 
 (d) In any of the
following circumstances, the Executive is entitled to terminate this Agreement without prior notice: 
 (i) The Company forces the Executive
to work by violence, threats or illegal restraint to the Executive’s personal freedom; or 
 (ii) The Company has failed to pay the
Executive according to this Agreement or provide safe work conditions. 
 (e) Unless otherwise provided herein, Section 9, 10, 11, 12
and 13 hereof shall survive the termination of the employment between the Executive and the Company. 
 9.
Non-Competition/Non-Solicitation. 
 (a) In consideration of the Company’s employment of the Executive and paying salary to the
Executive in accordance with Chinese laws, to the most extent permissible by the applicable law, the Executive undertakes not to or allows his affiliates to obtain practical interest or position in any person, company, enterprise, partnership
organization or other entities that compete with the Company or provide any consulting service or other assistance to such person, company, enterprise, partnership organization or other entities within his or her service in the Company or
                     after leaving the Company. The Executive also undertakes not to or allow his affiliates to independently operate any
business that competes with the Company within his or her service in the Company or                      after leaving the Company.
Notwithstanding the above provisions, the executive shall not or allow his affiliates to (x) independently operate the same or similar businesses that compete with the business of the Company; (y) accept or obtain any practical interest or
position in any person, company, enterprise, partnership organization or other entities that compete with the Company; or (z) in 

  

 21 

 
any form cause competition with the business of the Company within his or her service in the Company or one (1) year after leaving the Company. In the
agreement, any affiliate of any person or entity shall include any type of organizations where the person or entity serves as executive, director or partner or holds, directly or indirectly, 10% or more practical interest; (ii) any trust or
other properties of which the person or entity has significant interest or acts as trustee (or similar position), and (iii) any relative, spouse or the relatives thereof who live together with the person or who serve as director or executive in
the above mentioned entities or its parent company or subsidiaries. In the section, “business of the Company” includes any business which accounts for at no less than 30% of the turnover or total profit of the Company within 6 months
before the termination of employment. The Executive shall perform all other duties within the framework of relative laws and regulations of China that is then effective even though the above obligations are not executable under the laws and
regulations of China that is then effective. If the Company shall pay consideration according to the relative laws and regulations of China that is then effective, the Company may select to pay in accordance with the lowest standard as stipulated by
the relative laws and regulations of China that is then effective. 
 Without prejudice to the generality of the above terms, in accordance
with the current effective Jiangsu Labor Contract Ordinance, the Executive shall fulfill all the above-mentioned duties within his or her service in the Company, and under the pre-condition that the Company has paid the Executive annual economic
compensation equivalent to one third of the salary the Executive obtains during the last 12 months when he serves the Company, the Employee shall fulfill all the above-mentioned obligations. The provisions specified in this paragraph shall be
amended automatically according to the amendments to the applicable laws and regulations. 
 (b) The Executive shall not, within his or her
service in the Company or                      after the employment terminates, incite, allure, encourage or facilitate by other means
(a) any other executive or employees to terminate the employment with the Company; (b) any consultant, independent contractor, agent, customer, representative, seller or supplier to terminate their relationship with the Company or the
business or employment with other individuals or entities except those actions taken during the performance of his or her duties within his or her service in the Company. 
 10. Nondisparagement. Executive agrees (whether during or after Executive’s employment with the Company) not to issue, circulate, publish or utter any false or disparaging statements, remarks or rumors
about the Company or its affiliates or the officers, directors, managers or shareholders of the Company or its affiliates unless giving truthful testimony under subpoena. 
 11. Confidentiality. The Employee agrees not to disclose directly or indirectly to any person, company, enterprise, partnership organization or other enterprises any confidential or proprietary information
(technical, financial, marketing, etc.)(hereinafter referred to as “Confidential Information”) related to the Company, its parent company, affiliated company, related company, intra-group companies and any other companies related with the
Company in business or contracts (“Related Companies”) in his or her service in the Company or three (3) years after the employment terminates. In case of (A) use or disclosure of the confidential information in reasonable
performance of his or her duties for the Company, and (B) use or disclosure in conformity with the laws and the legally enforceable orders, the contents disclosed shall be limited to the scope subject to the laws and the legally enforceable
orders and the Employee shall inform the Company before use and disclosure for the Company to take appropriate protective measures. 
 The
“Confidential Information” herein refers to any tangible or intangible information or materials which are the proprietary and confidential information of the Company and the Employee has access to during or due to his or her employment.
The above information is regarded as the confidential information whether it is owned or developed by the Company. 
  

 22 

 The Confidential Information includes but not limited to the information, development, business secret,
know-how, invention (with patent right or not), personnel information, customer information, technical materials, program and regulation system, diagram, experiment notes, testing program, software design and structure, computer data, internal
documents, design and function specification, problem, other report, analysis and performance information, software document, other technologies, business, service, product, market, marketing, plan, strategy, research, finance or other information
relating to the Company or any of its customers, consultants or licensees. 
 The Confidential Information does not include (i) the
information or materials which are already made public before the information or materials are disclosed to the Employee; (ii) the information or materials which are made public not because of the fault of the Employee after the information or
materials are disclosed to the Employee; (iii) the information or materials that is in possession of the Employee when the information or materials are disclosed to the Employee and the Employee does not bear any confidential obligation to the
Company; (iv) the information or materials the Employee obtains through the third party on the premise that any confidential obligations are not violated. 
 Upon the termination of the Employee’s employment or any time the Company may request, the Employee shall deliver to the Company all memos, notes, plans, records, reports, computer tapes, software, other
document, data and all copies thereof relating to the confidential information, intellectual property right (as defined in Section 12(a) below) or the business of the Company. 
 12. Proprietorship of Intellectual Property Right. 
 (a) The Employee agrees that the findings, invention, innovation, improvement, development, approach, design, diagram, analysis, report and all the practical or expected businesses, similar or related materials and
other proprietary intellectual property rights (“Intellectual Property Right”, whether be patent, business secret or other legal rights) relating to the Company’s past, present or future products or services all belong to the Company.
The Employee undertakes to cooperate to the best of his/her ability with the Company to procure the Company to obtain the complete right to intellectual property without any defect. 
 (b) The Employee hereby undertakes to transfer, permanently (or the longest term according to the law) and free of charge, his proprietorship and
interests to the intellectual property rights which the Employee possessed, held or under his or her control and put into use or all the intellectual property rights the Employee developed and provided for use in or relating to the business of the
Company, and the Employee hereby waive the rights to the Company. The Employee hereby undertakes to take any further action required by the Company including but not limited to signing any necessary documents or completing any applicable legal
procedures to perform the above transfer. 
  

 23 

 13. Remedies for Breach of Contract. The Employee acknowledges the Company shall or may suffer
serious damage or loss should the above obligations be violated. The Employee agrees that should the above obligations be violated or threatened, the Company shall have the right to seek instructive or injunction legal remedies in the courts aside
from other legal remedies such as economic compensation. 
 14. Miscellaneous. 
 (a) Non-breach. Executive hereby represents that his performance and execution of this Agreement does not and will not constitute a breach of any
agreement or arrangement to which he is a party or is otherwise bound, including, without limitation, any noncompetition or employment agreement. 
 (b) Applicable Law. The Agreement shall be governed and construed by the laws of the People’s Republic of China. All disputes arising from the Agreement shall be governed by the courts in China. The plenary has the right to file
suit in any courts in Nanjing of China. 
 (c) Entire Agreement/ Amendments. This Agreement constitutes the entire agreement between
the parties and supersedes all previous agreements and understandings between the parties with respect to the subject matter thereof. This Agreement may not be altered, modified, or amended except by written instrument signed by the parties hereto.

 (d) No Waiver. In case any party delays or fails to execute any right or remedy under the Agreement or arising out of the breach
by the other party, the right and remedy shall not be damaged or it shall be deemed as waiver or consent of the breach. Any waiver, being similar or not, shall not be deemed as waiver of other breaches occurring therebefore or thereafter. The waiver
of any terms and conditions shall be carried out in writing by the party who are favored by the terms and conditions. Any waiver of breach shall not influence the Agreement and any terms and conditions shall remain in effect upon other or later
breaches. 
 (e) Severability. The invalidity, illegality or unenforceablity of any clause of this Agreement in any jurisdiction
shall only result in the invalidity, illegality or unenforceablity of such clause in such jurisdiction, without prejudice to the validity, legality and enforceability of other clauses in this jurisdiction or any clause hereof in other jurisdiction,
and such invalid, illegal or unenforceable clause shall be replaced by a valid, legal and enforceable clause that reflect the parties’ intention to the most extent. 
 (f) Assignment. Executive shall not have the right to assign his interest in this Agreement, any rights under this Agreement or any duties imposed under this Agreement. This Agreement may be assigned by the
Company to any successor in interest to substantially all of the business operations of the Company. Such assignment shall become effective when the Company notifies Executive of such assignment or at such later date as may be specified in such
notice. Upon such assignment, the rights and obligations of the Company hereunder shall become the rights and obligations of such successor company. 
  

 24 

 (g) Notice. All notices and other correspondences required or permitted to be given or made under
the Agreement shall be in writing and delivered in person, by express courier or facsimile. 
  

			
	 For the Company:

	
	 Add: No. 123 Focheng West Road Jiangning Economic & Technical Development Zone Nanjing

	 Recipient:
	  	Lu Tingxiu
	 Tel:
	  	0086 - 25 - 52766698
	 Fax:
	  	0086 - 25 - 52766699

  

	
	For the Employee:
	
	Add:                     
                    
	Recipient:
	Tel:
	Fax:                     
                    

 All notices and other communications delivered hereunder shall be deemed to have been duly given
as the case may be, as set forth below (i) notices sent by overnight courier shall be deemed given when such notices are delivered to the above address; (ii) notices sent by commercial express shall be deemed given seven (5) days
after the date of delivery, and (iii) notices sent by facsimile transmission shall be deemed given upon the receiver’s confirmation. 
 (h) Amendment and Waiver. The Agreement shall not be amended or changed until every party agrees by written consent, but the Company has the right to reduce the term of confidentiality and non-compete stipulated in the Agreement
without the consent of the Employee. The abovesaid “term of non-compete” refers to the aforementioned term of employment and one (1) year after the employment;
                    . Should the Company reduce the term of confidentiality and non-compete, the Company can give economic compensation for
its adjusted term of confidentiality and non-compete in accordance with the relative provisions in the Jiangsu Labor Contract Ordinance. In case any party delays or fails to execute any right or remedy under the Agreement or arising out of the
breach by the other party, the right and remedy shall not be damaged or it shall be deemed as waiver or consent of the breach. Any waiver, being similar or not, shall not be deemed as waiver of other breaches occurring therebefore or thereafter. The
waiver of any terms and conditions shall be carried out in writing by the party who are favored by the terms and conditions. Any waiver of breach shall not influence the Agreement and any terms and conditions shall remain in effect upon other or
later breaches. 
 (i) Withholding Taxes. The Company may withhold from any amounts payable under this Agreement such personal income taxes
as may be required to be withheld pursuant to any Chinese law. 
 (ii) Counterparts. This Agreement may be signed in three
counterparts by each party or be signed separately, each of which shall be an original, and all of which constitute the same agreement. 
  

 25 

 [THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK] 
  

 26 

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

			
	EXECUTIVE
	
	 /s/ 

	
	
	China Sunergy Co., Ltd.
		
	By:	 	 /s/ 

	Name:	 	
	Title	 	

  

 27 

 EXHIBIT A 
 Prior Inventions 
  

 28 

 Schedule 
  

																					
	 Party
	 	 Date
	 	Place of
Incorporation	 	 Term of
Employment
	 	Position	 	Vacation	 	Termination	 	 Non-Competition/
 Non- Solicitation
	 	Amendment and
Waiver	 	Counterparts	 	Remarks
	CEEG (Nanjing)
 PV-Tech Co.,
Ltd. and Tingxiu
Lu
	 	October 23, 2006	 	Nanjing, Jiangsu
Province
 People’s Republic of
China
	 	 Fifth (5th)
 Sixty (60)
	 	Chief
Executive
Officer	 	4 weeks	 	30	 	three years	 	The abovesaid “term
of confidentiality
and non-compete”
refers to the
aforementioned term
of employment and
3 years after the
employment	 	This
Agreement
may be signed
in
counterparts,
each of which
shall be an
original, with
the same effect
as if the
signatures
thereto
and
hereto were
upon the same
instrument.	 	The Contract was
terminated on July
2007.
	CEEG (Nanjing)
PV-Tech Co.,
Ltd. and
Guangyou Yin	 	October 23, 2006	 	Nanjing, Jiangsu
Province
 People’s Republic of
China
	 	 Fifth (5th)
 Sixty (60)
	 	Vice
President-
Operations	 	4 weeks	 	30	 		 	The abovesaid “term
of confidentiality
and non-compete”
refers to the
aforementioned term
of employment and
3 years after the
employment	 	This
Agreement
may be signed
in
counterparts,
each of which
shall be an
original, with
the same effect
as if the
signatures
thereto and
hereto were
upon
the same
instrument.	 	The Contract was
terminated on May
2007
	CEEG (Nanjing)
PV-Tech Co.,
Ltd. and
Chengrong Xu	 	October 23, 2006	 	Nanjing, Jiangsu
Province
 People’s Republic of
China
	 	 Fifth (5th)
 Sixty (60)
	 	Vice
President-
Administration
and Human
Resources	 	4 weeks	 	30	 	 three years
	 	The abovesaid “term
of confidentiality
and non-compete”
refers to the
aforementioned term
of employment and
3 years after the
employment	 	This
Agreement
may be signed
in
counterparts,
each of which
shall be an
original, with
the same effect
as if the
signatures
thereto and
hereto were
upon
the same
instrument.	 	The Contract was
terminated on March
2007
	China Sunergy
Co., Ltd. and
Allen
Ruennsheng
Wang	 	July 9, 2007	 	Cayman Islands
Cayman Islands	 	 Third (3th)
 Ninety (90)
	 	Chief
Executive
Officer	 	21 days	 	90	 	 one (1) year
 (i) not applicable
	 	the abovesaid “term
of confidentiality”
refers to the
aforementioned term
of employment and
three (3) years after
the employment	 	This
Agreement
may be signed
in three
counterparts
by each party
or be signed
separately,
each of which
shall be an
original, and
all of which
constitute
the
same
agreement.	 	The Second Paragraph
under section 9(a),
Section 17(i) and
Exhibit A are not
applicable.

  

 29

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