Document:

Technology Consultant Service Agreement

 Exhibit 10.8 
 November 30, 2006 
 RENESOLA LTD 
 - and - 
 YING TAO 
 TECHNOLOGY CONSULTANT SERVICE AGREEMENT 

 TECHNOLOGY CONSULTANT SERVICE AGREEMENT 
 This Technology Consultant Service Agreement (the “Agreement”) is made and entered into by the following parties on November 1, 2006.

  

	(1)	ReneSola Ltd., a company incorporated in The British Virgin Islands with the registered number 1016246 and having its register office at Craigmuir Chambers, Road Town,
Tortola, British Virgin Islands (the “Company”); 

 and 
  

	(2)	Ying Tao, whose ID card number is     ###-##-####     and correspondence address is
    193 Black Lantern Ct., St. Peters, MO, 63376, USA     (the “Consultant”). 

 (The Company and the Consultant are collectively referred to as “parties”, and individually as “party”.) 
  

	1.	Appointment 

  

	1.1	The Company shall engage the Consultant and the Consultant shall serve the Company as Technology Consultant (or such other title as the Company deem appropriate) during the term of
this Agreement. 

  

	1.2	The engagement of the Consultant to be Technology Consultant will take effect on December 1,2006 and, subject to the provisions set out in Clause 7 below, will be terminable by
him or Company giving the other at least two(2) months written notice. However, whilst no legally binding commitment is to be created as to your term of service, it would be both Parties’ intention that the service of the Consultant shall be
for an initial term of five years commencing on the execution date Of this Agreement. 

  

	2.	Service Scope and Obligations 

  

	2.1	Subject to Clause 2.2, the Consultant shall be responsible for:- 

  

	 	i.	improving and stabilizing yield, modifying hot zone to boost seed lift and increasing throughput and reducing costs; 

  

	 	ii.	adding a capability to use granular poly or very fine chunk pieces and teaching how to use CVD granular poly which is Hydrogen rich and damages parts; 

  

	 	iii.	counselling for the technology matters of the Company; 

  

	 	iv.	preparing and providing technology report and advice to the management of the Company and its board of directors; 

  

	 	v.	other responsibilities as reasonably requested by the Company and its board of directors. 

  

	2.2	The Consultant shall:- 

  

	 	i.	devote as much as possible of his time and attention to provide the above-mentioned consultant service as requested by the Company; 

  

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	 	ii.	comply with the provisions in this Agreement and other request and/or requirements of the Company; 

  

	 	iii.	provide his services with all good faith and diligence; and 

  

	 	iv.	exercise such powers and bear such responsibilities as may from time to time be assigned to or vested in him by the Company or its board of directors. 

  

	2.3	The Consultant shall provide his services though telecommunication means, including telephone, emails and/or at the plant site of the Company in Jiashan County, Zhejiang Province.
The Consultant shall use his best effort to execute projects regarded by the Company to meet the deadline set out by the Company or to execute the projects in the timely manner. The Company may arrange the Consultant to or the Consultant shall by
his own professional judgement work overtime either on weekdays or weekends due to business needs. The Consultant is not entitled to any additional pay for his overtime work. 

  

	3.	Service Fees and Expenses 

  

	3.1	The Company shall pay the remuneration to the Consultant on a monthly pre-taxed basis in an amount of RMB50,000 (the “Service Fees”). 

  

	 3.2
	 The Service Fees shall be paid in arrears on or around the 20th of each month (the “Payment Date”). The Company shall deposit the amounts stated in Clauses 3.2 after necessary deduction (including personal income tax, however,
the Company has no obligation to pay, deduct or reserve any funds under the employment laws and regulations) into a bank account designated by the Consultant. 

  

	3.3	The Consultant shall assume all tax liabilities for his Service Fees by himself. 

  

	3.4	The Consultant shall be reimbursed all travelling expenses reasonably incurred in the execution of and in relation to his duties for business purposes under this Agreement subject
to the submission of proper receipts/vouchers. 

  

	4.	Assignment of Inventions 

  

	4.1	The Consultant acknowledges that all intellectual property rights (including copyright, trade or service marks (registered and unregistered), patent right and any other similar
rights or corresponding application rights) (“Intellectual Property Rights”) to any works, inventions, discoveries and design improvements (“Inventions”) created, developed or discovered by the Consultant during his
provision of consulting services under this Agreement belongs solely to the Company. 

  

	4.2	The Consultant hereby undertakes to execute such documents as may be required by the Company to confirm the Company’s ownership of the Inventions and the underlying
Intellectual Property Rights and to enable the Company (or to the Company’s nominated persons) to obtain the full benefit of such Inventions and Intellectual Property Rights without any payments to the Consultant. 

  

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	5.	Confidentiality 

  

	5.1	The Consultant shall not make use of, divulge or communicate to any person (save in the proper performance of his duties under this Agreement) any of the trade secrets or other
confidential/undisclosed information of or relating to the Company which he may have received or obtained while in the service of the Company. This restriction shall cease to apply to information ordered to be disclosed by a Court of competent
jurisdiction or to information which has become part of the public domain through no action on the part of the Consultant. 

  

	5.2	The obligations of the Consultant under this Clause 5 shall be in addition to and not in substitution of any implied obligations imposed upon him by law in relation to the
non-disclosure of information. 

  

	5.3	For the purposes of Clause 5.1, confidential information shall, without limitation, include:- 

  

	 	i.	the confidential information of great decision, business strategy, business target, business planning or operation policy; 

  

	 	ii.	any information of clients, cooperators or other related persons or entities of the Company which is negotiated or being carried out, including without limitation, the list, liaison
and business information of such clients, cooperators or related persons or entities; 

  

	 	iii.	any undisclosed financing information including budget report, financing report, statistics report, price and expense, service provider information; 

  

	 	iv.	any commercial information including internal contract, agreement, letter of intents, memorandum, feasibility report; 

  

	 	v.	any meeting record, internal rule and regulation, operation process; 

  

	 	vi.	any employment information including personnel file, remuneration information; 

  

	 	vii.	any confidential information which the Consultant shall bear the non-disclosure obligation for a third party in accordance with the legal or contractual requirements; or,

  

	 	viii.	any other information which the Company determines or the Consultant shall determine at its/his reasonable discretion to be confidential. 

  

	6.	Non-competition 

  

	6.1	The Consultant is prohibited during the term of this Agreement, either directly or indirectly, by himself or through his family member, whether as principal or otherwise, canvass or
solicit business, taking part in or helping, by means of participation, assistance, rendering service or labor, cooperation, provision of convenience, provision of information, etc., any activities of any person or entities which may fall within a
scope of business identical to or similar with that of the Company, or any other activities which may eventually lead to market competition with the Company. 

  

	6.2	 The Consultant shall not, during the term of this Agreement, directly or 

  

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indirectly, induce or seek to induce any employee of the Company to leave that company’s employment, whether or not this would be a breach of contract
on the part of such employee. 

  

	6.3	The restrictions contained in this Clause 6 are considered reasonable by both Parties and is intended to be separate and severable. In the event that any of these restrictions shall
be held void, but would be valid if part of the wording thereof were deleted or amended, such restriction shall apply with such deletion or amendment as may be necessary to make it valid and effective. 

  

	7.	Termination 

  

	7.1	With effect from the Commencement Date, if the Consultant intends to early terminate this Agreement, he shall notify the Company in written two (2) months in advance. The
Company shall be entitled to early terminate this Agreement by notifying the Consultant in written two (2) months in advance. The Consultant is entitled to the Service Fees stated in Clauses 3.1 after necessary deduction during such two
(2) months. 

  

	7.2	The Company shall be entitled at its absolute discretion to pay two-month Service Fees in lieu of termination notice under this Agreement, or pay reasonnable Service Fees in lieu of
any unexpired period of notice in case the Consultant serves the notice. 

  

	7.3	Notwithstanding other provisions herein, this Agreement shall also be subject to termination by the Company immediately if the Consultant:- 

  

	 	i.	shall have committed any serious breach or (after warning in writing) either repeated or continued any material breach of his obligations hereunder; or 

  

	 	ii.	shall have so conducted himself in a way tending to bring himself or the Company into disrepute; or 

  

	 	iii.	shall have conducted any criminal act; or 

  

	 	iv.	commits any serious breach of the Company’s requests or requirements, or cause the Company bear any material loss or damage (as laid down by the Company and communicated to the
Consultant from time to time); or 

  

	 	v.	becomes subject to any investigation for misconduct, fraud or any offence involving an element of dishonesty by any regulatory body or authority. 

 In any such case, the Company shall, when exercising its right of termination under this Clause, inform the Consultant of its grounds for doing so.

  

	7.4	If the Consultant, during the term of this Agreement, is incapacitated by ill-health or accident from performing his duties hereunder (and he shall, if required, produce to the
Company evidence of such incapacity), the Company may terminate such Agreement immediately. 

  

	8.	Obligations on Termination 

 Upon the termination of
this Agreement howsoever arising, the Consultant shall, within one (1) month after the termination of this Agreement or the Company receives the Consultant’s early termination notice (the earlier shall prevail):- 
  

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	8.1	deliver to the Company all property belonging to the Company including without limitation all documents, other records and any electronic equipment supplied by the Company (whether
on paper, magnetic tape or in any other form and including (without limitation) correspondence, lists of clients or customers, notes, memoranda, software, plans, drawings and other documents and records of whatsoever nature and all copies thereof)
made or compiled or acquired by the Consultant during the provision of services hereunder and concerning the business, finances or affairs of the Company or its clients or customers; 

  

	8.2	coordinate with the Company to assist the successor to take over the relevant affairs of the Company; and 

 After such one-month period, the Consultant shall no longer perform his duties as Technology Consultant of the Company; or take advantage of such fact.

  

	9.	Dispute 

  

	9.1	This Agreement shall be governed by and construed in accordance with the laws of People’s Republic of China (“PRC”). 

  

	9.2	If any dispute arising from this Agreement or for the reason, both parties may resolve such dispute as follows: 

  

	 	i.	Both parties may discuss the dispute amicably. 

  

	 	ii.	A party or both parties may bring a lawsuit before a competent court located in the jurisdictional area of the Company’s business place in accordance with related laws and
regulations. 

  

	10.	Miscellaneous 

  

	10.1	Any notice to be given under this Agreement shall be deemed to be duly served when delivery of it is recorded (in the case of recorded delivery post), or when delivered (in the case
of personal delivery) or despatched (in the case of facsimile) to the relevant party’s address of facsimile number appearing in this Agreement or to such other address or facsimile number as that party may hereafter specify to the
notice-serving party by notice in writing. 

  

	10.2	This Agreement shall be written in English. 

  

	10.3	This Agreement is made in duplicate, each of which shall be hold by the Company and the Consultant and of the same validity after execution by both parties.

  

	10.4	No modification or amendment of this Agreement shall be effective or enforceable unless it is in writing and duly executed by both parties. 

  

	10.5	 The Consultant hereby represents and warranties that, he/she may execute and 

  

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perform this Agreement legally and the execution or performance of this Agreement does and will not result in any breach of any contract, agreement and any
other rule or document of any company or other business entity by which the Consultant is bound. 

  

	10.6	Both Parties hereby acknowledge and agree that, this Agreement is only a consulting service agreement and shall not constitute any employment relationship between the Company and
the Consultant. The Consultant is no the employee of the Company and the Company is also not the employer of the Consultant. This Agreement shall not subject to any Chinese labour laws of regulations. 

  

	10.7	If any provision under this Agreement is in discrepancy with related laws or regulation, the related laws and regulations shall prevail. 

  

	10.8	Any other matter not provided in this Agreement shall be dealt with according to related laws, regulations, decrees or any other additional contract agreed by both parties
hereunder. 

 [No text below] 
  

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 [Signing Page] 
 IN
WITNESS whereof this Agreement has been entered into the day and year first above written. 
  

	
	 /s/ Xianshou Li

	 SIGNED by Mr. Li Xianshou
 for and on behalf of

	
	RENESOLA LTD
	
	 Ying Tao

	SIGNED by Mr. Ying Tao

  

 7Chief Operating Officer Service Agreement

 Exhibit 10.9 
 DATED 29th October 2007 
 RENESOLA LTD 
 and 
 YEH CHENG HSIEN

 CHIEF OPERATING OFFICER SERVICE AGREEMENT 

 

 
 CHIEF OPERATING OFFICER SERVICE AGREEMENT 
 THIS AGREEMENT is made on the 29th day of October 2007 
 BETWEEN:-

  

	(1)	RENESOLA LTD, a company incorporated in The British Virgin Islands with the registered number 1016246 and having its register office at Craigmuir Chambers, Road Town, Tortola,
British Virgin Islands (“Company” or “Renesola”); and 

  

	(2)	YEH CHENG HSIEN (Passport No. 0239484203(B)), of No. 999 Gaojing Road, 8C, Qingpu District, Shanghai, China (“Employee”) 

 (The Company or Renesola and the Employee are collectively referred to as “parties”, and individually as “party”.) 
  

	1.	EMPLOYMENT 

  

	1.1	The Company shall employ and continue to employ the Employee and the Employee shall serve and continue to serve the Company as Chief Operating Officer of the Company subject to the
terms contained in this Agreement. 

  

	1.2	For the avoidance of doubt, the terms of this letter supersede and replace any existing terms and conditions pursuant to a letter or agreement in writing or in other forms of
communication relating to his appointment with the Company which shall have no further force and effect. 

  

	 1.3
	 The employment shall take effect on October 29th, 2007 (“Commencement Date”) and whilst no legally binding commitment is intended to be created as to the Employee’s term of office, the parties hereby acknowledge and agree that it is intended that the
employment is for an initial term of three (3) years commencing on the Commencement Date (“Initial Period”) and, subject to the provisions set out in Clause 9 below, in the event that the Employee wishes to terminate this Agreement
before the expiry of such Initial Period, he shall notify the Company in writing at least one (1) month prior to the date on which it is intended that the employment should cease and in the event that the Company wishes to terminate this
Agreement before the expiry of the Initial Period, the Company shall give the Employee not less than one (1) month’s notice in writing. 

  

	2.	DUTIES 

  

	2.1	The Employee’s specific duties shall include (but not be in any way restricted to): 

  

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	 	2.1.1	Use his best endeavors to promote the interests and reputation of the Company giving at all times the full benefit of his knowledge, expertise and skill; 

 

	 	2.1.2	Faithfully and diligently and to the best of his ability exercise such powers and perform such duties in relation with the operations of the Company as the Board of Directors
(“Board”) or the Chief Executive Officer shall from time to time determine, and shall report directly to the Chief Executive Officer. The Chief Operating Officer shall, when requested, counsel with and advise the other officers of the
Company and the Board and shall perform such other duties as may be agreed with the Chief Executive Officer or as the Board or the Chief Executive Officer may from time to time determine; 

  

	 	2.1.3	Refrain from making any false or misleading statements about the Company; 

  

	 	2.1.4	Implement policies laid down by the Board or the Chief Executive Officer and translate them into operational plans and day-to-day directives; 

  

	 	2.1.5	Keep the operations of the Company under constant review and present to the Board or the Chief Executive Officer periodic statements, accounts, reports and statistics showing the
progress and performance of the Company and its subsidiary companies; 

  

	 	2.1.6	Make plans for the future development and growth of the Company in developed and developing markets for the Company’s services; 

  

	 	2.1.7	Consider and implement changes in the Company’s organizational structure and in the allocation of the responsibilities that may be required to provide for growth and changes on
activities, the business environment and personnel; 

  

	 	2.1.8	Represent the Company in relevant associations, trade and commercial organizations, trade delegations, charities and public organizations which will enhance the prestige and
recognition of the Company; 

  

	 	2.1.9	Maintain and develop good relations with the governmental agencies and public figures of any country which the Company has or will have operations therein; 

 

	 	2.10	Other responsibilities as reasonably requested by the Company and the Board; and statements set out in clause 2.12, 2.13. 

  

	 	2.11	In particular and notwithstanding the provisions of clause 2.2, in the event that the Executive holds shares in ReneSola, he will and will be obliged to comply with the
Company’s share dealing code and inform himself of the corporate governance guidelines followed by the Company in respect of his Shares in light of ReneSola being quoted on AIM. 

  

	2.12	Take responsibilities of managing and developing the section of production & technology, storage, CIM & production control, as well as the production equipment and
consumptive material purchasing. 

  

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	 	2.13	In charge of the whole wafer factory include mono casting factory 1 & 2 and multi casting factory. 

  

	 	2.14	Take in charge of HR, administration and QC sections as manage skill and expertise recognized by the Company; 

  

	2.2	The Employee shall devote the whole of his time and attention to the duties of his office, comply with the provisions in this Agreement and other internal regulations and rules of
the Company, and exercise such powers and bear such responsibilities as may from time to time be assigned to or vested in him by the Board or the Chief Executive Officer. 

  

	3.	REMUNERATION 

  

	3.1	During the employment, the Employee’s salary shall be at the annual rate of USD100,000 before applicable taxes (or at such other rate as may from time to time be agreed in
writing between the Company and Employee) and be paid in accordance with clause 3.4. 

  

	3.2	The rate of the Employee’s salary specified in this Clause 3 shall be reviewed annually and by the remuneration committee. The Company is under no obligation to increase the
Employee’s salary following such a review. 

  

	3.3	100,000 units in the ReneSola Executive Incentive Plan (“REIP”) after the same has been established will be issued to the Executive yearly by way of either options over
ReneSola shares or restricted shares for the Initial Period, subject to the terms and conditions to be set out in the REIP. Further awards of equity or share options will be at the discretion of the board of ReneSola dependent on the performance of
the Executive. The exercise period for the options referred to above will, in common with the other material terms relating thereto, be set out in the scheme documentation in respect of the REIP, but it is expected that, as at the date of this
Agreement. 

  

	3.4	The Employee’s remuneration set out in clause 3.1 shall be paid as to USD 80,000 monthly at the end of each calendar month from [month] 2007, and shall be deemed to accrue from
day to day. The remainder, being an amount equal to USD 20,000 shall be paid as a lump sum at the end of the calendar year on or around 31 December by way of a bonus. 

  

	3.5	For the avoidance of any doubt, the maximum remuneration of the Employee arising under this Agreement and the Zhejiang Agreement (as such term is defined in clause 9.4) shall be USD
100,000 and those share options set out in clause 3.3 above. 

  

	4.	EXPENSES AND BENEFIT SCHEME 

  

	4.1	The Employee shall be reimbursed any travelling, hotel, entertainment and other out-of-pocket expenses reasonably incurred by him in the proper performance of his duties.

  

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	4.2	The Employee shall be provided during the continuance of the Employment with a car and car allowance of RMB24,000 per annum to be paid monthly at the end of each calendar month from
[month] 2007. The ownership of the car belongs to the Company. 

  

	5.	CONFIDENTIALITY 

  

	5.1	As the Chief Operating Officer of the Company, the Employee will of course have access to and be entrusted with confidential information relating to the technology, business and
financing and affairs of the Company and its subsidiary companies. “Confidential Information” for these purposes includes but is not limited to:- 

  

	 	5.1.1	The confidential information of great decision business strategy, business target, business planning or operation policy; 

  

	 	5.1.2	Any information of clients, co-operators or other related persons or entities of the Company which is negotiated or being carried out, including without limitation, the list,
liaison and business information of such customers, co-operators or related persons or entities; 

  

	 	5.1.3	Any undisclosed financing information including budget report, financing report, statistics report, price and expense, service provider information; 

  

	 	5.1.4	Any commercial information including internal contract, agreement, letter of intents, memorandum, feasibility report; 

  

	 	5.1.5	Any meeting record, internal rule and regulation, operation process; 

  

	 	5.1.6	Any employment and appointment information including personnel file, remuneration information; 

  

	 	5.1.7	Any confidential information which he shall bear the non-disclosure obligation for a third party in accordance with the legal or contractual requirements; and

  

	 	5.1.8	Any other information which the Company determines at its reasonable discretion to be confidential and which has been communicated to him. 

  

	5.2	The Employee shall not at any time (either during or after his employment): 

  

	 	5.2.1	Divulge any Confidential Information to any person, firm or company or use or exploit it in any way whatsoever (unless this is done for the benefit of the Company and its subsidiary
companies); and 

  

	 	5.2.2	Through any failure to exercise reasonable care and diligence, cause or permit any unauthorized use or disclosure of any Confidential Information. 

  

	5.3	The restrictions set out in this Clause 5 do not apply to: 

  

	 	5.3.1	Any disclosure made in pursuance of his duties or which is authorized by the Board or the Chief Executive Officer; 

  

	 	5.3.2	Any disclosure made in accordance with a legal obligation or required by the order of a court of competent jurisdiction or an appropriate regulatory authority; and

  

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	 	5.3.3	Any information which becomes available to the public generally other than as a result of his actions or default. 

  

	5.4	Nothing in this Clause 6 is intended to prevent the Employee making a protected disclosure in accordance with the Public Interest Disclosure Act 1998. 

 

	5.5	It is agreed that the undertakings in this Paragraph 5 are given to the Company for itself and for the benefit of and as trustee for its subsidiary companies.

  

	6.	NON-COMPETITION RESTRICTIONS 

  

	6.1	The Employee is prohibited during his employment by the Company and two years after the Employee ceases to be employed by the Company, either directly or indirectly, by himself or
through his family member, whether as principal or otherwise, canvass or solicit business, taking part in or helping, by means of participation, assistance rendering service or labor, cooperation, provision of convenience, provision of information,
etc., any activities of any person or entities which may fall within a scope of business identical to or similar with that of the Company or any member of its group, or any other activities which may eventually lead to market competition with the
Company. 

  

	6.2	The Employee shall not, during his employment by the Company, directly or indirectly, induce or seek to induce any other employee of the Company to leave that company’s
employment, whether or not this would be a breach of contract on the part of such employee. 

  

	6.3	The restrictions contained in this clause 6 are considered reasonable by the Company and the Employee and they are intended to be separate and severable. In the event that any of
these restrictions shall be held void, but would be valid if part of the wording thereof were deleted or amended such restriction shall apply with such deletion or amendment as may be necessary to make it valid and effective.

  

	7.	MONITORING OF COMMUNICATION 

 During the employment,
the Employee will have access to the Company’s telecoms and computer system which provides for communication by various means including telephone, fax, e-mail, voicemail and video conferencing link and which also allows access to the internet
and the Company’s intranet. In accordance with Company policy the Company may monitor or record his use of this system at any time during his employment if it has a legitimate business reason for doing so and by signing this letter he consent
to such monitoring or recording taking place. 
  

	8.	HOLIDAY AND SICKNESS 

  

	8.1	 The Employee shall be entitled in his first calendar year of service to ten (10) working days’ holiday with full salary (in addition to statutory
holidays). For each continuous year of service thereafter the Employee’s entitlement of working days’ holiday with full salary shall increase by three (3) days, subject to a maximum entitlement of twenty-one (21) working
days’ holiday with full salary per calendar year. The Employee may 

  

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accumulate and carry forward up to five (5) working days’ holiday to the following calendar year provided that all such holiday days shall be taken
and cleared within the first six(6) months of such following calendar year. All holiday days not taken by such time shall be forfeited. The entitlement to holiday and, on termination of the employment, holiday pay in lieu of holiday, shall accrue
pro rata throughout each calendar year of the employment. 

  

	8.2	If during the employment the Employee is absent from work due to illness or injury he must notify the Company as soon as possible and, if practicable, on the first working day of
incapacity. The Employee is entitled to the normal remuneration due to him under this Agreement during any period of absence (not exceeding one (1) year on any one occasion) from work due to sickness or injury. 

  

	8.3	If the Employee becomes unable to perform his duties properly by reason of illness or injury for a period or periods aggregating at least ninety (90) days in any period of
twelve (12) consecutive calendar months then the Company may terminate the Employee’s employment by giving him not less than one (1) months’ notice provided that the Company shall withdraw any such notice if during the currency
of the notice the Employee returns to full time duties and provides a medical practitioner’s certificate satisfactory to the Company to the effect that he has fully recovered his health and that no recurrence of his illness or injury can
reasonably be anticipated. 

  

	9.	TERMINATION 

  

	9.1	In the event that the Employee wishes to terminate this Agreement before the expiry of the Initial Period, he shall notify the Company in writing at least one (1) month prior
to the date on which it is intended that the employment should cease and in the event that the Company intends to terminate this Agreement before the expiry of the Initial Period, the Company shall give the Employee not less than one
(1) month’s notice in writing. 

  

	9.2	The termination of the employment (however arising) shall not affect any provisions of this Agreement which are expressed to operate or have effect after such termination and such
termination shall be without prejudice to the accrued rights and remedies of the parties. 

  

	9.3	The Employee shall have no right to compensation for the termination of his employment or the loss of any office and shall only be entitled to payment of such fees and expenses as
have accrued at the date of termination. 

  

	9.4	For the avoidance of any doubt, save with the express written consent of the Board, in the event that the Employee has notified Zhejiang Yuhui Solar Energy Source Co., Ltd that it
intends to terminate his employment with Zhejiang Yuhui Solar Energy Source Co., Ltd pursuant to an agreement between Zhejiang Yuhui Solar Energy Source Co., Ltd, ReneSola and the Employee dated on or about the date of this Agreement (“Zhejiang
Agreement”) then the Employee shall be deemed to have automatically served a notice terminating this Agreement pursuant to clause 9.1 above with the effect that this Agreement and the Zhejiang Agreement shall each be terminated simultaneously.

  

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	10.	OBLIGATIONS ON TERMINATION 

 Upon the termination of
this Agreement howsoever arising, the Employee shall, within three (3) months after the termination of this Agreement or the Company receives the Employee’s early termination notice (the earlier shall prevail):- 
  

	10.1	Deliver to the Company all property belonging to the Company including without limitation all documents, other records and any electronic equipment supplied by the Company (whether
on paper, magnetic tape or in any other form and including (without limitation) correspondence, lists of clients or customers, notes, memoranda, software, plans, drawings and other documents and records of whatsoever nature and all copies thereof)
made or compiled or acquired by the Employee during his employment hereunder and concerning the business, finances or affairs of the Company or its clients or customers; 

  

	10.2	Coordinate with the Company to assist the successor to take over the business, finances or affairs of the Company; and 

  

	10.3	Forthwith resign from any office which he may hold in the Company and his membership of any organization acquired or held by virtue of his employment with the Company, and should
the Employee fails to do any of the above, he hereby irrevocably authorizes any director of the Company, in his name and on his behalf, to execute any documents and to do any acts as necessary to give effect to this Clause. After such one-month
period, the Employee shall no longer perform his duties as Chief Operating Officer, or act as the employee of the Company, or take advantage of such fact. 

  

	11.	MISCELLANEOUS 

  

	11.1	Any notice to be given under this Agreement shall be deemed to be duly served when delivery of it is recorded (in the case of recorded delivery post), or when delivered (in the case
of personal delivery) or despatched (in the case of facsimile) to the relevant party’s address of facsimile number appearing in this Agreement or to such other address or facsimile number as that party may hereafter specify to the
notice-serving party by notice in writing. 

  

	11.2	This Agreement is made in duplicate, each of which shall be held by the Company and the Employee and each of which shall be of the same validity after execution by both parties.

  

	11.3	No modification or amendment of this Agreement shall be effective or enforceable unless it is in writing and duly executed by both parties. 

  

	11.4	The Employee hereby represents and warrants that, he may execute and perform this Agreement legally and the execution or performance of this Agreement does and will not result in
any breach of any contract, agreement and any other rule or document of any company or other business entity by which the Employee is bound. 

  

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	11.5	If any provision under this Agreement is in discrepancy with related laws or regulation, the related laws and regulations shall prevail. 

  

	11.6	Any other matter not provided in this Agreement shall be dealt with according to related laws, regulations, decrees or any other additional contract agreed by both parties
hereunder. 

 IN WITNESS whereof this Agreement has been entered into on the date stated at the beginning. 
  

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	 [EXECUTION PAGE BEGINS HERE]

	
	 /s/ LI XIAN SHOU

	 SIGNED by LI XIAN SHOU
 For and on behalf of

	 RENESOLA LTD

	
	 /s/ YEH CHENG HSIEN

	 SIGNED by YEH CHENG HSIEN

  

 9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00135-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00135-of-00352.parquet"}]]