Document:

EXHIBIT
      10.2

     

    LOCK-UP
      AGREEMENT

     

     

    April
      17,
      2008                           

     

    ROTH
      Capital Partners, LLC

    24
      Corporate Plaza Drive

    Newport
      Beach, CA 92660

    Attention:
      Aaron W. Gurewitz

     

    Ladies
      and Gentlemen:

     

    The
      undersigned understands that ROTH Capital Partners, LLC (the “Placement Agent”)
      has agreed to act as placement agent in connection with the proposed offering
      (the “Offering”) by Yongye Biotechnology International, Inc., a Nevada
      corporation (the “Company”), of 6,495,619 shares (the “Shares”) of its common
      stock, par value $0.001 per share (the “Common Stock”), and warrants to purchase
      1,623,905 shares of Common Stock (the “Warrants” and, together with the Shares,
      the “Securities”).

     

    The
      undersigned understands that the Placement Agent proposes to enter into a
      Placement Agency Agreement (the “Placement Agency Agreement”) with the Company
      providing for the Offering of the Securities.

     

    In
      consideration of the foregoing, and in order to induce you to act as the
      Placement Agent in the offering, and for other good and valuable consideration
      receipt of which is hereby acknowledged, the undersigned hereby agrees that,
      without the prior written consent of the Placement Agent, the undersigned will
      not, during the period (the “Lock-Up Period”) beginning on the date hereof (the
“Closing Date, and ending on first anniversary of the date that is the effective
      date of the registration statement covering the resale of all the securities
      (including the Common Stock to be issued in connection with the warrant
      delivered to the Placement Agent in connection with the Offering) required
      to be
      registered under the terms of the Registration Rights Agreement within 195
      days
      of the Closing Date, (1) offer, pledge, announce the intention to sell, sell,
      contract to sell, sell a stock short, sell any option or contract to purchase,
      purchase any option or contract to sell, grant any option, right or warrant
      to
      purchase, lend or otherwise transfer or dispose of, directly or indirectly,
      any
      shares of Common Stock or any securities convertible into or exercisable or
      exchangeable for Common Stock (including without limitation, Common Stock which
      may be deemed to be beneficially owned by the undersigned in accordance with
      the
      rules and regulations of the Securities and Exchange Commission and securities
      which may be issued upon exercise of a stock option or warrant), or (2) enter
      into any swap or other agreement that transfers, in whole or in part, any of
      the
      economic consequences of ownership of the Common Stock, whether any such
      transaction described in clause (1) or (2) above is to be settled by delivery
      of
      Common Stock or such other securities, in cash or otherwise. In addition, the
      undersigned agrees that, without the prior written consent of the Placement
      Agent, it will not, during the Lock-Up Period, make any demand for or exercise
      any right with respect to, the registration
      of any shares of Common Stock or any security convertible into or exercisable
      or
      exchangeable for Common Stock.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    Notwithstanding
      the foregoing, the restrictions set forth in clause (1) and (2) above shall
      not
      apply to (a) transfers (i) as a bona
      fide
      gift or
      gifts, provided that the donee or donees thereof agree to be bound in writing
      by
      the restrictions set forth herein, (ii) to any trust for the direct or indirect
      benefit of the undersigned or the immediate family of the undersigned, provided
      that the trustee of the trust agrees to be bound in writing by the restrictions
      set forth herein, and provided further that any such transfer shall not involve
      a disposition for value, (iii) with the prior written consent of the Placement
      Agent, or (iv) effected pursuant to any exchange of “underwater” options with
      the Company, (b) the acquisition or exercise of any stock option issued pursuant
      to the Company’s existing stock option plan, including any exercise effected by
      the delivery of Securities of the Company held by the undersigned, (or (d)
      the
      establishment of any 10b5-1 selling plan provided the initial sale date under
      such plan occurs after the end of the Lock-Up Period described above. For
      purposes of this Letter Agreement, “immediate family” shall mean any
      relationship by blood, marriage or adoption, not more remote than first cousin.
      None of the restrictions set forth in this Letter Agreement shall apply to
      Common Stock acquired in open market transactions.

     

    In
      furtherance of the foregoing, the Company, and any duly appointed transfer
      agent
      for the registration or transfer of the securities described herein, are hereby
      authorized to decline to make any transfer of securities if such transfer would
      constitute a violation or breach of this Lock-Up Agreement.

     

    The
      undersigned hereby represents and warrants that the undersigned has full power
      and authority to enter into this Lock-Up Agreement. All authority herein
      conferred or agreed to be conferred and any obligations of the undersigned
      shall
      be binding upon the successors, assigns, heirs or personal representatives
      of
      the undersigned.

     

    The
      Placement Agent and the undersigned agree that this Lock-Up Agreement cannot
      be
      modified or amended in any way, and no waiver of any provision of this Lock-Up
      Agreement may be waived by the Placement Agent, except by a written amendment,
      signed by both of the parties hereto, that shall have been approved by the
      purchasers of not less than 51% of the Shares sold in the
      Offering.

     

    (signatures
      follow)

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    
      
        
          
              

          

          
            This
              Lock-Up Agreement shall be governed by and construed in accordance
              with the laws
              of the State of New York, without regard to the conflict of laws principles
              thereof.

          

           

          
            
              	 	
                      Very
                        truly yours,

                    
	 	 
	 	 
	 	
                       

                    
	 	
                      /s/
                        Zishen Wu

                    
	 	
                      Name:
                        Zishen
                        Wu

                    
	 	
                      Title:
                        Chairman,
                        President and CEO

                    

            

            

            Accepted
              as of the date first
              set
              forth above:

            

            
              	
                      ROTH
                        Capital Partners, LLC

                    
	 
	 
	
                      By

                    	
                      /s/
                        Aaron W. Gurewitz

                    
	       	
                      Name:
                        Aaron W. Gurewitz

                    
	 	
                      Title:
                        Managing
                        Director, Equity Capital
                        Markets

                    

            

             

            
              
                
                

              

              
                3

                
                  

                

              

              
                
                

              

            

          

        

           

      

    

    
      This
        Lock-Up Agreement shall be governed by and construed in accordance with the
        laws
        of the State of New York, without regard to the conflict of laws principles
        thereof.

    

     

    
      
        	 	
                Very
                  truly yours,

              
	 	 
	 	 
	 	
                 

              
	 	
                /s/
                  Sun
                  Taoran

              
	 	
                Name:
                  Sun
                  Taoran

              
	 	
                Title:
                  Vice
                  Chairman

              

      

      

      Accepted
        as of the date first
        set
        forth above:

      

      
        	
                ROTH
                  Capital Partners, LLC

              
	 
	 
	
                By

              	
                /s/
                  Aaron W. Gurewitz

              
	       	
                Name:
                  Aaron W. Gurewitz

              
	 	
                Title:
                  Managing
                  Director, Equity Capital
                  Markets

              

      

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

      
        
            

        

        
          This
            Lock-Up Agreement shall be governed by and construed in accordance with
            the laws
            of the State of New York, without regard to the conflict of laws principles
            thereof.

        

         

        
          
            	 	
                    Very
                      truly yours,

                  
	 	 
	 	 
	 	
                     

                  
	 	
                    /s/
                      Guo
                      Xiaochuan

                  
	 	
                    Name:
                      Guo
                      Xiaochuan

                  
	 	
                    Title:
                      Director

                  

          

          

          Accepted
            as of the date first
            set
            forth above:

          

          
            	
                    ROTH
                      Capital Partners, LLC

                  
	 
	 
	
                    By

                  	
                    /s/
                      Aaron W. Gurewitz

                  
	       	
                    Name:
                      Aaron W. Gurewitz

                  
	 	
                    Title:
                      Managing
                      Director, Equity Capital
                      Markets

                  

          

           

          
            
              
              

            

            
              5

              
                

              

            

            
              
              

            

          

        

      

      
        
            

        

        
          This
            Lock-Up Agreement shall be governed by and construed in accordance with
            the laws
            of the State of New York, without regard to the conflict of laws principles
            thereof.

        

         

        
          
            	 	
                    Very
                      truly yours,

                  
	 	 
	 	 
	 	
                     

                  
	 	
                    /s/
                      Zhang
                      Haiming

                  
	 	
                    Name:
                      Zhang
                      Haiming

                  
	 	
                    Title:
                      Director

                  

          

          

          Accepted
            as of the date first
            set
            forth above:

          

          
            	
                    ROTH
                      Capital Partners, LLC

                  
	 
	 
	
                    By

                  	
                    /s/
                      Aaron W. Gurewitz

                  
	       	
                    Name:
                      Aaron W. Gurewitz

                  
	 	
                    Title:
                      Managing
                      Director, Equity Capital
                      Markets

                  

          

           

          
            
              
              

            

            
              6

              
                

              

            

            
              
              

            

          

        

      

      
        
            

        

        
          This
            Lock-Up Agreement shall be governed by and construed in accordance with
            the laws
            of the State of New York, without regard to the conflict of laws principles
            thereof.

        

         

        
          
            	 	
                    Very
                      truly yours,

                  
	 	 
	 	 
	 	
                     

                  
	 	
                    /s/
                      Vini
                      Dharmawan

                  
	 	
                    Name:
                      Vini
                      Dharmawan

                  
	 	
                    Title:
                      CFO,
                      Secretary and
                      Treasurer

                  

          

          

          Accepted
            as of the date first
            set
            forth above:

          

          
            	
                    ROTH
                      Capital Partners, LLC

                  
	 
	 
	
                    By

                  	
                    /s/
                      Aaron W. Gurewitz

                  
	       	
                    Name:
                      Aaron W. Gurewitz

                  
	 	
                    Title:
                      Managing
                      Director, Equity Capital
                      Markets

                  

          

           

          
            
              
              

            

            
              7

              
                

              

            

            
              
              

            

          

        

      

      
        
            

        

        
          This
            Lock-Up Agreement shall be governed by and construed in accordance with
            the laws
            of the State of New York, without regard to the conflict of laws principles
            thereof.

        

         

        
          
            	 	
                    Very
                      truly yours,

                  
	 	 
	 	 
	 	
                     

                  
	 	
                    /s/
                      Gao
                      Jing

                  
	 	
                    Name:
                      Gao
                      Jing

                  
	 	
                    Title:
                      Chief
                      Scientist

                  

          

          

          Accepted
            as of the date first
            set
            forth above:

          

          
            	
                    ROTH
                      Capital Partners, LLC

                  
	 
	 
	
                    By

                  	
                    /s/
                      Aaron W. Gurewitz

                  
	       	
                    Name:
                      Aaron W. Gurewitz

                  
	 	
                    Title:
                      Managing
                      Director, Equity Capital
                      Markets

                  

          

           

          
            
              
              

            

            
              8

              
                

              

            

            
              
              

            

          

        

      

      
        
            

        

        
          This
            Lock-Up Agreement shall be governed by and construed in accordance with
            the laws
            of the State of New York, without regard to the conflict of laws principles
            thereof.

        

         

        
          
            	 	
                    Very
                      truly yours,

                  
	 	 
	 	 
	 	
                     

                  
	 	
                    /s/
                      Larry
                      Gilmore

                  
	 	
                    Name:
                      Larry
                      Gilmore

                  
	 	
                    Title:
                      VP
                      Corporate Strategy

                  

          

          

          Accepted
            as of the date first
            set
            forth above:

          

          
            	
                    ROTH
                      Capital Partners, LLC

                  
	 
	 
	
                    By

                  	
                    /s/
                      Aaron W. Gurewitz

                  
	       	
                    Name:
                      Aaron W. Gurewitz

                  
	 	
                    Title:
                      Managing
                      Director, Equity Capital
                      Markets

                  

          

           

          
            
              
              

            

            
              9

              
                

              

            

            
              
              

            

          

        

      

      
        
            

        

        
          This
            Lock-Up Agreement shall be governed by and construed in accordance with
            the laws
            of the State of New York, without regard to the conflict of laws principles
            thereof.

        

         

        
          
            	 	
                    Very
                      truly yours,

                  
	 	 
	 	 
	 	
                     

                  
	 	
                    /s/
                      Zhao
                      Qiang

                  
	 	
                    Name:
                      Zhao
                      Qiang

                  
	 	
                    Title:
                      Director

                  

          

          

          Accepted
            as of the date first
            set
            forth above:

          

          
            	
                    ROTH
                      Capital Partners, LLC

                  
	 
	 
	
                    By

                  	
                    /s/
                      Aaron W. Gurewitz

                  
	       	
                    Name:
                      Aaron W. Gurewitz

                  
	 	
                    Title:
                      Managing
                      Director, Equity Capital
                      Markets

                  

          

           

          
            
              
              

            

            
              10EXHIBIT
      10.3

    

    MAKE
      GOOD ESCROW AGREEMENT

     

    This
      Make
      Good Escrow Agreement (the “Make Good Agreement”), dated effective as of April
      17, 2008, is entered into by and among Yongye
      Biotechnology International, Inc., a Nevada corporation
      (the
“Company”), the Investors (as defined below), Full Alliance
      International Limited, an international business incorporated under the laws
      of
      the British Virgin Islands (“Make Good Pledgor”)
      and
      Tri-State Title & Escrow LLC., as escrow agent (“Escrow
      Agent”).

     

    WHEREAS,
      each of the investors in the private offering of securities of the Company
      (the
“Investors”) has entered into a Make Good Escrow Agreement, dated of even date
      herewith (the “SPA”), evidencing their participation in the Company's private
      offering (the “Offering”) of securities. As an inducement to the Investors to
      participate in the Offering and as set forth in the SPA, Make Good Pledgor
      agrees to place certain shares of the Company’s common stock, par value $0.001
      per share (the “Common Stock”) into escrow for the benefit of the Investors in
      the event the Company fails to satisfy certain financial
      thresholds.

     

    WHEREAS,
      pursuant to the requirements of the SPA, the Company and Make Good Pledgor
      have
      agreed to establish an escrow on the terms and conditions set forth in this
      Make
      Good Agreement; 

     

    WHEREAS,
      the Escrow Agent has agreed to act as escrow agent pursuant to the terms and
      conditions of this Make Good Agreement; and 

     

    WHEREAS,
      all capitalized terms used but not defined herein shall have the meanings
      assigned them in the SPA; 

     

    NOW,
      THEREFORE, in consideration of the mutual promises of the parties and the terms
      and conditions hereof, the parties hereby agree as follows: 

     

    1.
      Appointment of Escrow Agent.
      Make
      Good Pledgor and the Company hereby appoint Escrow Agent to act in accordance
      with the terms and conditions set forth in this Make Good Agreement, and Escrow
      Agent hereby accepts such appointment and agrees to act in accordance with
      such
      terms and conditions. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    2.
      Establishment of Escrow.
      Contemporaneously with the Closing, Make Good Pledgor shall deliver or cause
      to
      be delivered, to the Escrow Agent certificates evidencing an aggregate of
      2,000,000 shares
      of
      the Company’s Common Stock (such shares delivered by Make Good Pledgor being
      collectively referred to as the “"Escrow Shares"”), along with stock powers
      executed in blank (or such other signed instrument of transfer acceptable to
      the
      Company’s Transfer Agent). As used in this Make Good Agreement, “Transfer Agent”
means Empire Stock Transfer, or such other entity hereafter retained by the
      Company as its stock transfer agent as specified in a writing from the Company
      to the Escrow Agent. Make Good Pledgor understands and agrees that the
      Investors’ right to receive 2008 Make Good Shares (as defined below) pursuant to
      Section 4.11 of the SPA and this Make Good Agreement shall continue to run
      to
      the benefit of each Investor even if such Investor shall have transferred or
      sold all or any portion of its Shares, and that each Investor shall have the
      right to assign its rights to receive all or any such shares of Common Stock
      to
      other Persons in conjunction with negotiated sales or transfers of any of its
      Shares. Make Good Pledgor hereby irrevocably agrees that, other than in
      accordance with Section 4.11 of the SPA and this Make Good Agreement, Make
      Good
      Pledgor will not offer, pledge, sell, contract to sell, sell any option or
      contract to purchase, purchase any option or contract to sell, grant any option,
      right or warrant to purchase or otherwise transfer or dispose of, directly
      or
      indirectly, or announce the offering of any of the Escrow Shares (including
      any
      securities convertible into, or exchangeable for, or representing the rights
      to
      receive Escrow Shares). In furtherance thereof, the Company will (x) place
      a
      stop order on all Escrow Shares which shall expire on the date the Escrow Shares
      are delivered to the Investors or returned to Make Good Pledgor, (y) notify
      the
      Transfer Agent in writing of the stop order and the restrictions on such Escrow
      Shares under this Make Good Agreement and direct the Transfer Agent not to
      process any attempts by Make Good Pledgor to resell or transfer any Escrow
      Shares before the date the Escrow Shares delivered to the Investors are
      delivered to the investors or returned to Make Good Pledgor, or otherwise in
      violation of Section 4.11 of the SPA and this Make Good Agreement. The Company
      shall deliver a written notice to the Investors confirming delivery of the
      2008
      Make Good Shares to the Escrow Agent.

     

    3. Representations
      of Make Good Pledgor and the Company.
      Make
      Good Pledgor and the Company hereby represent and warrant, severally and not
      jointly, as to itself only, to the Investors as follows: 

     

    (i)
      All
      of the Escrow Shares are validly issued, fully paid and nonassessable shares
      of
      the Company, and free and clear of all pledges, liens and encumbrances. Upon
      any
      transfer of Escrow Shares to Investors hereunder, Investors will receive full
      right, title and authority to such shares as holders of Common Stock of the
      Company.

     

    (ii) Performance
      of this Make Good Agreement and compliance with the provisions hereof will
      not
      violate any provision of any applicable law and will not conflict with or result
      in any breach of any of the terms, conditions or provisions of, or constitute
      a
      default under, or result in the creation or imposition of any lien, charge
      or
      encumbrance upon, any of the properties or assets of Make Good Pledgor pursuant
      to the terms of any indenture, mortgage, deed of trust or other agreement or
      instrument binding upon Make Good Pledgor, other than such breaches, defaults
      or
      liens which would not have a material adverse effect taken as a
      whole.

     

    (iii)
      Make Good Pledgor has carefully considered and understands its obligations
      and
      rights under Section 4.11 of the SPA and this Make Good Agreement, and in
      furtherance thereof (x) has consulted with its legal and other advisors with
      respect thereto and (y) hereby forever waives and agrees that it may not assert
      any equitable defenses in any Proceeding involving the Escrow
      Shares.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    (iv)
      Make
      Good Pledgor is the sole record and beneficial owner of the Escrow Shares,
      and
      holds the Escrow Shares free and clear of all Liens and each has the power
      and
      authority to deposit the Escrow Shares into escrow with the Escrow Agent and
      to
      transfer or cause the Escrow Agent to transfer the Escrow Shares to the
      Investors pursuant to the provisions of this Make Good Agreement.

     

    4.
      Disbursement of Escrow Shares. 

     

    a. Make
      Good
      Pledgor agrees
      that in
      the
      event that the After Tax Net Income (as defined below) reported in the Annual
      Report of the Company for the fiscal year ending December 31, 2008, as filed
      with the Commission on Form 10-K (or such other form appropriate for such
      purpose as promulgated by the Commission) (the “2008 Annual Report”), is less
      than $10,263,919 (the “2008 Guaranteed ATNI”), the
      Escrow Agent (on behalf of the Make Good Pledgor) will
      transfer all of the 2008 Make Good Shares to the Investors on a pro rata
      basis
      (determined by dividing each Investor’s Investment Amount by the aggregate of
      all Investment Amounts delivered to the Company by the Investors under the
      SPA)
      for no consideration other than payment of their respective Investment Amount
      paid to the Company at Closing.
      The
“2008 Make Good Shares” means 2,000,000 shares of Common Stock (as
      equitably adjusted for any stock splits, stock combinations, stock dividends
      or
      similar transactions)
      required
      to be deposited with the Escrow Agent pursuant to the terms of this Make Good
      Agreement.  
      Notwithstanding the foregoing or anything else to the contrary herein, for
      purposes of determining whether or not the 2008 Guaranteed ATNI has been met,
      the following items shall not be deemed to be an expense, charge, or any other
      deduction from revenues even though GAAP may require contrary treatment or
      the
      Annual Report for the respective fiscal years filed with the Commission by
      the
      Company may report otherwise: (i)
      any
      accounting charges for issuing warrants, and (ii) the
      release of any of the 2008 Make Good Shares to the Make Good Pledgor as a result
      of the operation of this Section 4.

     

    No
      other
      exclusions shall be made for any non-recurring expenses of the Company,
      including liquidated damages under the Transaction Documents, in determining
      whether any of the 2008 Guaranteed ATNI has been achieved. If prior to the
      second anniversary of the filing of the 2008 Annual Report, the Company or
      their
      auditors report or recognize that the financial statements contained in such
      report are subject to amendment or restatement such that the Company would
      recognize or report adjusted After Tax Net Income of less than the 2008
      Guarantee ATNI, then notwithstanding any prior return of
      2008
      Make Good Shares to
      Make
      Good Pledgor, Make Good Pledgor will, within 10 Business Days following the
      earlier of the filing of such amendment or restatement or recognition, deliver
      the relevant 2008 Make Good Shares to the Investors.
      In
      the
      event that the After Tax Net Income reported in the 2008 Annual Report, is
      equal
      to or greater than the 2008 Guaranteed ATNI,
      no
      transfer of the 2008 Make Good Shares shall be required by Make
      Good
      Pledgor
      to the
      Investors under this Section and such 2008 Make Good Shares shall be returned
      to
Make
      Good
      Pledgor
      in
      accordance with this Make Good Agreement. Any
      such
      transfer of the 2008 Make Good Shares under this Section shall be made to the
      Investors or Make Good Pledgor, as applicable, within 10
      Business
      Days after
      the date
which
      the
      2008
      Annual Report is
      filed
      with the Commission and otherwise in accordance with this Make Good Agreement.
      In
      the
      event that the After Tax Net Income reported in the 2008 Annual Report is less
      than the 2008 Guaranteed ATNI, the Company has agreed that ROTH Capital
      Partners, LLP (“Roth”)
      will
      provide prompt written instruction to the Escrow Agent with regard to the
      distribution of the 2008 Make Good Shares in an amount to each Investor as
      set
      forth on Exhibit
      A
      attached
      hereto (as determined as set forth above). The Escrow Agent need only rely
      on
      the letter of instruction from Roth in this regard and notwithstanding anything
      to the contrary contained herein will disregard any contrary instructions.
      In
      the
      event that the After Tax Net Income reported in the 2008 Annual Report is equal
      to or greater than the 2008 Guaranteed ATNI, Roth shall provide prompt written
      instructions to the Escrow Agent for the release of the 2008 Make Good Shares
      to
      Make Good Pledgor. For purposes hereof, “After
      Tax Net Income” shall mean the Company’s operating income after taxes for the
      fiscal year ending December 31, 2008 determined in accordance with GAAP as
      reported in the 2008 Annual Report. 

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    b.
      If
      the
      2008 Annual Report is not filed timely with the Commission and remains unfiled
      for a period in excess of 45 days after the last day that the same was required
      to have been filed (taking into account the relief permitted under Rule 12(b)-25
      of the Exchange Act), then ATNI
      for the fiscal year ending December 31, 2008 shall be deemed to be less than
      the
      2008 Guaranteed ATNI, and all
      of
      the 2008 Make Good Shares shall be transferred to the Investors on a pro-rata
      basis in accordance with the provisions of this Make Good
      Agreement.

     

    c. Pursuant
      to Section 4(a), if Roth delivers a notice to the Escrow Agent that the Escrow
      Shares are to be transferred to the Investors, then the Escrow Agent shall
      immediately forward the 2008 Make Good Shares to the Company’s Transfer Agent
      for reissuance to the Investors in an amount to each Investor as set forth
      on
Exhibit
      A
      attached
      hereto and otherwise in accordance with this Make Good Agreement. The Company
      covenants and agrees that upon any transfer of 2008 Make Good Shares to the
      Investors in accordance with this Make Good Agreement, the Company shall
      promptly instruct its Transfer Agent to reissue such 2008 Make Good Shares
      in
      the applicable Investor’s name and deliver the same, or cause the same to be
      delivered as directed by such Investor in an amount to each Investor as set
      forth on Exhibit
      A
      attached
      hereto. If the Company does not promptly provide such instructions to the
      Transfer Agent of the Company, then Roth is hereby authorized to give such
      re-issuance instruction to the Transfer Agent of the Company. If a notice from
      Roth pursuant to Section 4(a) indicates that the Escrow Shares are to be
      returned to Make Good Pledgor, then the Escrow Agent will promptly deliver
      the
      2008 Make Good Shares to Make Good Pledgor, respectively.

     

    d.
      The
      Company and Make Good Pledgor covenant and agree to provide the Escrow Agent
      with certified tax identification numbers by furnishing appropriate forms W-9
      or
      W-8 and such other forms and documents that the Escrow Agent may request,
      including appropriate W-9 or W-8 forms for each Investor.

     

    5.
      Duration.
      This
      Make Good Agreement shall terminate upon the distribution of all the Escrow
      Shares in accordance with the terms of this Make Good Agreement. The Company
      agrees to promptly provide the Escrow Agent written notice of the filing with
      the Commission of any financial statements or reports referenced
      herein.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    6.
      Escrow Shares.
      If any
      Escrow Shares are deliverable to the Investors pursuant to the SPA and in
      accordance with this Make Good Agreement, (i) Make Good Pledgor covenants and
      agrees to execute all such instruments of transfer (including stock powers
      and
      assignment documents) as are customarily executed to evidence and consummate
      the
      transfer of the Escrow Shares from Make Good Pledgor to the Investors, to the
      extent not done so in accordance with Section 2, and (ii) following its receipt
      of the documents referenced in Section 6(i), the Company consent to any such
      transfer and will provide to the Investors and to the Transfer Agent written
      confirmation of such consent, and each of the Company and Escrow Agent covenant
      and agree to cooperate with the Transfer Agent so that the Transfer Agent
      promptly reissues such Escrow Shares in the applicable Investor’s name and
      delivers the same as directed by such Investor. Until such time as (if at all)
      the Escrow Shares are required to be delivered pursuant to the SPA and in
      accordance with this Make Good Agreement, (i) any dividends payable in respect
      of the Escrow Shares and all voting rights applicable to the Escrow Shares
      shall
      be retained by Make Good Pledgor and (ii) should the Escrow Agent receive
      dividends or voting materials, such items shall not be held by the Escrow Agent,
      but shall be passed immediately on to Make Good Pledgor and shall not be
      invested or held for any time longer than is needed to effectively re-route
      such
      items to Make Good Pledgor. In the event that the Escrow Agent receives a
      communication requiring the conversion of the Escrow Shares to cash or
      the exchange of the Escrow Shares for that of an acquiring company, the Escrow
      Agent shall solicit and follow the written instructions of Make Good
      Pledgor; provided,
      that
      the cash or exchanged shares are instructed to be redeposited into the Escrow
      Account. Make Good Pledgor shall be responsible, respectively, for all taxes
      resulting from any such conversion or exchange.

     

    7.
      Interpleader. 
      Should
      any controversy arise among the parties hereto with respect to this Make Good
      Agreement or with respect to the right to receive the Escrow Shares, Escrow
      Agent and/or Roth shall have the right to consult and hire counsel and/or to
      institute an appropriate interpleader action to determine the rights of the
      parties. Escrow Agent and/or Roth are also each hereby authorized to institute
      an appropriate interpleader action upon receipt of a written letter of direction
      executed by the parties so directing either Escrow Agent or Roth. If Escrow
      Agent or Roth is directed to institute an appropriate interpleader action,
      it
      shall institute such action not prior to thirty (30) days after receipt of
      such
      letter of direction and not later than sixty (60) days after such date. Any
      interpleader action instituted in accordance with this Section 7 shall be filed
      in any court of competent jurisdiction in the State of New York, and the Escrow
      Shares in dispute shall be deposited with the court and in such event Escrow
      Agent and Roth shall be relieved of and discharged from any and all obligations
      and liabilities under and pursuant to this Make Good Agreement with respect
      to
      the Escrow Shares and any other obligations hereunder. 

     

    8. Exculpation
      and Indemnification of Escrow Agent and Roth. 

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    a. Escrow
      Agent is not a party to, and is not bound by or charged with notice of any
      agreement out of which this escrow may arise. Escrow Agent acts under this
      Make
      Good Agreement as a depositary only and is not responsible or liable in any
      manner whatsoever for the sufficiency, correctness, genuineness or validity
      of
      the subject matter of the escrow, or any part thereof, or for the form or
      execution of any notice given by any other party hereunder, or for the identity
      or authority of any person executing any such notice. Escrow Agent will have
      no
      duties or responsibilities other than those expressly set forth herein. Escrow
      Agent will be under no liability to anyone by reason of any failure on the
      part
      of any party hereto (other than Escrow Agent) or any maker, endorser or other
      signatory of any document to perform such person's or entity's obligations
      hereunder or under any such document. Except for this Make Good Agreement and
      instructions to Escrow Agent pursuant to the terms of this Make Good Agreement,
      Escrow Agent will not be obligated to recognize any agreement between or among
      any or all of the persons or entities referred to herein, notwithstanding its
      knowledge thereof. Roth’s sole obligation under this Make Good Agreement is to
      provide written instruction to Escrow Agent (following such time as the Company
      files certain periodic financial reports as specified in Section 4 hereof)
      directing the distribution of the Escrow Shares. Roth will provide such written
      instructions upon review of the relevant After Tax Net Income amount reported
      in
      such periodic financial reports as specified in Section 4 hereof. Roth is not
      charged with any obligation to conduct any investigation into the financial
      reports or make any other investigation related thereto. In the event of any
      actual or alleged mistake or fraud of the Company, its auditors or any other
      person (other than Roth) in connection with such financial reports of the
      Company, Roth shall have no obligation or liability to any party
      hereunder.

     

    b. Escrow
      Agent will not be liable for any action taken or omitted by it, or any action
      suffered by it to be taken or omitted, absent gross negligence or willful
      misconduct. Escrow Agent may rely conclusively on, and will be protected in
      acting upon, any order, notice, demand, certificate, or opinion or advice of
      counsel (including counsel chosen by Escrow Agent), statement, instrument,
      report or other paper or document (not only as to its due execution and the
      validity and effectiveness of its provisions, but also as to the truth and
      acceptability of any information therein contained) which is reasonably believed
      by Escrow Agent to be genuine and to be signed or presented by the proper person
      or persons. The duties and responsibilities of the Escrow Agent hereunder shall
      be determined solely by the express provisions of this Make Good Agreement
      and
      no other or further duties or responsibilities shall be implied, including,
      but
      not limited to, any obligation under or imposed by any laws of the State of
      New
      York upon fiduciaries. THE
      ESCROW AGENT SHALL NOT BE LIABLE, DIRECTLY OR INDIRECTLY, FOR ANY (I) DAMAGES,
      LOSSES OR EXPENSES ARISING OUT OF THE SERVICES PROVIDED HEREUNDER, OTHER THAN
      DAMAGES, LOSSES OR EXPENSES WHICH HAVE BEEN FINALLY ADJUDICATED TO HAVE DIRECTLY
      RESULTED FROM THE ESCROW AGENT’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT, OR (II)
      SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES OR LOSSES OF ANY KIND WHATSOEVER
      (INCLUDING, WITHOUT LIMITATION, LOST PROFITS), EVEN IF THE ESCROW AGENT HAS
      BEEN
      ADVISED OF THE POSSIBILITY OF SUCH LOSSES OR DAMAGES AND REGARDLESS OF THE
      FORM
      OF ACTION.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    c. The
      Company and Make Good Pledgor each hereby, jointly and severally, indemnify
      and
      hold harmless each of Escrow Agent, Roth and any of their principals, partners,
      agents, employees and affiliates from
      and
      against any expenses, including reasonable attorneys' fees and disbursements,
      damages or losses suffered by Escrow Agent or Roth in connection with any claim
      or demand, which, in any way, directly or indirectly, arises out of or relates
      to this Make Good Agreement or the services of Escrow Agent or Roth hereunder;
      except, that if Escrow Agent or Roth is guilty of willful misconduct or gross
      negligence under this Make Good Agreement, then Escrow Agent or Roth, as the
      case may be, will bear all losses, damages and expenses arising as a result
      of
      its own willful misconduct or gross negligence. Promptly after the receipt
      by
      Escrow Agent or Roth of notice of any such demand or claim or the commencement
      of any action, suit or proceeding relating to such demand or claim, Escrow
      Agent
      or Roth, as the case may be, will notify the other parties hereto in writing.
      For the purposes hereof, the terms "expense" and "loss" will include all amounts
      paid or payable to satisfy any such claim or demand, or in settlement of any
      such claim, demand, action, suit or proceeding settled with the express written
      consent of the parties hereto, and all costs and expenses, including, but not
      limited to, reasonable attorneys' fees and disbursements, paid or incurred
      in
      investigating or defending against any such claim, demand, action, suit or
      proceeding. The provisions of this Section 8 shall survive the termination
      of
      this Make Good Agreement, and the resignation or removal of the Escrow Agent.
      

     

    9.
      Compensation of Escrow Agent.
      Escrow
      Agent shall be entitled to compensation for its services as stated in the fee
      schedule attached hereto as Exhibit
      B,
      which
      compensation shall be paid by the Company. The fee agreed upon for the services
      rendered hereunder is intended as full compensation for Escrow Agent's services
      as contemplated by this Make Good Agreement; provided,
      however,
      that in
      the event that Escrow Agent renders any material service not contemplated in
      this Make Good Agreement, or there is any assignment of interest in the subject
      matter of this Make Good Agreement, or any material modification hereof, or
      if
      any material controversy arises hereunder, or Escrow Agent is made a party
      to
      any litigation pertaining to this Make Good Agreement, or the subject matter
      hereof, then Escrow Agent shall be reasonably compensated by the Company for
      such extraordinary services and reimbursed for all costs and expenses, including
      reasonable attorney's fees, occasioned by any delay, controversy, litigation
      or
      event, and the same shall be recoverable from the Company. Prior
      to
      incurring any costs and/or expenses in connection with the foregoing sentence,
      Escrow Agent shall be required to provide written notice to the Company of
      such
      costs and/or expenses and the relevancy thereof and Escrow Agent shall not
      be
      permitted to incur any such costs and/or expenses which are not related to
      litigation prior to receiving written approval from the Company, which approval
      shall not be unreasonably withheld.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    10.
      Resignation of Escrow Agent.
      At any
      time, upon ten (10) Business Days' written notice to the Company and the
      Investors, Escrow Agent may resign and be discharged from its duties as Escrow
      Agent hereunder. As soon as practicable after its resignation, Escrow Agent
      will
      promptly turn over to a successor escrow agent appointed by the Company the
      Escrow Shares held hereunder upon presentation of a document appointing the
      new
      escrow agent and evidencing its acceptance thereof. If, by the end of the
      10-Business Day period following the giving of notice of resignation by Escrow
      Agent, the Company shall have failed to appoint a successor escrow agent, Escrow
      Agent shall deposit the Escrow Shares as directed by Roth with the understanding
      that such Escrow Shares will continue to be subject to the provisions of this
      Make Good Agreement.

     

    11.
      Records.
      Escrow
      Agent shall maintain accurate records of all transactions hereunder. Promptly
      after the termination of this Make Good Agreement or as may reasonably be
      requested by the parties hereto from time to time before such termination,
      Escrow Agent shall provide the parties hereto, as the case may be, with a
      complete copy of such records, certified by Escrow Agent to be a complete and
      accurate account of all such transactions. The authorized representatives of
      each of the parties hereto shall have access to such books and records at all
      reasonable times during normal business hours upon reasonable notice to Escrow
      Agent and at the requesting party’s expense. 

     

    12.
      Notice.
      All
      notices, communications and instructions required or desired to be given under
      this Make Good Agreement must be in writing and shall be deemed to be duly
      given
      if sent by registered or certified mail, return receipt requested, or overnight
      courier, to the addresses listed on the signature pages hereto.

     

    13.
      Execution in Counterparts.
      This
      Make Good Agreement may be executed in counterparts, each of which shall be
      deemed an original, but all of which together shall constitute one and the
      same
      instrument. 

     

    14.
      Assignment and Modification.
      This
      Make Good Agreement and the rights and obligations hereunder of the Company
      may
      be assigned by the Company only following the prior written consent of Roth.
      This Make Good Agreement and the rights and obligations hereunder of the Escrow
      Agent may be assigned by the Escrow Agent only with the prior consent of the
      Company and Roth. This Make Good Agreement and the rights and obligations
      hereunder of Make Good Pledgor may not be assigned by the Make Good Pledgor.
      Subject to the requirements under federal and state securities laws, an Investor
      may assign its rights under this Make Good Agreement without any consent from
      any other party. This Make Good Agreement may not be changed orally or modified,
      amended or supplemented without an express written agreement executed by the
      Escrow Agent, the Company, Make Good Pledgor and Roth. This Make Good Agreement
      is binding upon and intended to be for the sole benefit of the parties hereto
      and their respective successors, heirs and permitted assigns, and none of the
      provisions of this Make Good Agreement are intended to be, nor shall they be
      construed to be, for the benefit of any third person. No portion of the Escrow
      Shares shall be subject to interference or control by any creditor of any party
      hereto, or be subject to being taken or reached by any legal or equitable
      process in satisfaction of any debt or other liability of any such party hereto
      prior to the disbursement thereof to such party hereto in accordance with the
      provisions of this Make Good Agreement.

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    15.
      Applicable Law.
      This
      Make Good Agreement shall be governed by, and construed in accordance with,
      the
      internal laws of the State of New York. The representations and warranties
      contained in this Make Good Agreement shall survive the execution and delivery
      hereof and any investigations made by any party. Each party agrees that all
      legal proceedings concerning the interpretations, enforcement and defense of
      the
      transactions contemplated by this Make Good Agreement shall be commenced
      exclusively in the state and federal courts sitting in the City of New York,
      Borough of Manhattan (the “New York Courts”). Each party hereto hereby
      irrevocably submits to the exclusive jurisdiction of the New York Courts for
      the
      adjudication of any dispute hereunder or in connection herewith, and hereby
      irrevocably waives, and agrees not to assert in any such proceeding, any claim
      that it is not personally subject to the jurisdiction of any such New York
      Court, or that such proceeding has been commenced in an improper or inconvenient
      forum. Each party hereto hereby irrevocably waives personal service of process
      and consents to process being served in any such proceeding by mailing a copy
      thereof via registered or certified mail or overnight delivery (with evidence
      of
      delivery) to such party at the address in effect for notices to it under this
      Make Good Agreement and agrees that such service shall constitute good and
      sufficient service of process and notice thereof. Nothing contained herein
      shall
      be deemed to limit in any way any right to serve process in any manner permitted
      by law.

     

    16.
      Headings.
      The
      headings contained in this Make Good Agreement are for convenience of reference
      only and shall not affect the construction of this Make Good Agreement.

     

    17.
      Attorneys' Fees.
      If any
      action at law or in equity, including an action for declaratory relief, is
      brought to enforce or interpret the provisions of this Make Good Agreement,
      the
      prevailing party shall be entitled to recover reasonable attorneys' fees from
      the other party (unless such other party is the Escrow Agent), which fees may
      be
      set by the court in the trial of such action or may be enforced in a separate
      action brought for that purpose, and which fees shall be in addition to any
      other relief that may be awarded.

     

    18.
      Merger or Consolidation.
      Any
      corporation or association into which the Escrow Agent may be converted or
      merged, or with which it may be consolidated, or to which it may sell or
      transfer all or substantially all of its corporate trust business and assets
      as
      a whole or substantially as a whole, or any corporation or association resulting
      from any such conversion, sale, merger, consolidation or transfer to which
      the
      Escrow Agent is a party, shall be and become the successor escrow agent under
      this Make Good Agreement and shall have and succeed to the rights, powers,
      duties, immunities and privileges as its predecessor, without the execution
      or
      filing of any instrument or paper or the performance of any further act.

     

    [THE
      REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK]

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the parties have duly executed this Make Good Escrow Agreement
      as of the date set forth opposite their respective names.

     

    
      	
              COMPANY:

            	 	
              MAKE
                GOOD PLEDGOR:

            
	 	 	 
	
              YONGYE
                BIOTECHNOLOGY

              INTERNATIONAL,
                INC.

            	 	
              FULL
                ALLIANCE INTERNATIONAL

              LIMITED.
                

            
	 	 	 	 	 
	
              By:

            	
              /s/Zishen
                Wu

            	 	
              By:

            	
              /s/
                Zhong Xing Mei

            
	 	
              Name:
                Zishen Wu 

              Title:
                CEO

            	 	 	
              Name:
                Zhong Xing Mei

              Title:
                Director

            
	 	 	 	 	 
	 	
              Address:

              6th
                Floor, Suite 608 Xue Yuan International Tower

              No.
                1 Zhichu Road

              Haidian
                District

              Beijing,
                PRC

              Facsimile:
                +86 10.8231.1797

              Email:
                wzs@china-yongye.com

            	 	 	
              Address:

              OMC
                Chambers

              P.O.
                Box 3152, 

              Road
                Town, Tortola, 

              British
                Virgin Islands

            

    

     

    
      	
              ESCROW
                AGENT:

            	 	
               

            
	 	 	 	 
	
              TRI-STATE
                TITLE & ESCROW, LLC

            	 	
              ROTH
                CAPITAL PARTNERS, LLC

            
	 	 	 	 	 
	
              By:

            	
              /s/
                Guy W. Turner

            	 	
              By:

            	
              /s/
                Aaoron Gurewitz

            
	 	
              Name:Guy
                W. Turner

              Title:
                President

            	 	 	
              Name:
                Aaron Gurewitz

              Title:Managing
                Director

            
	 	 	 	 	 
	 	
              Address:

              360
                Main Street

              Washington,
                VA 22747

              Facsimile:

            	 	 	
              Address:

              24
                Corporate Plaza Drive

              Newport
                Beach, CA 92660

              Facsimile:
                (949) 720-7223

            

    

    

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              MARION
                LYNTON

            
	 	 
	
              By:

            	
              /s/
                Steve Napoli

            
	
              Name:

            	
              Steve
                Napoli

            
	
              Title:

            	
              Agent/Advisor

            
	
              c/o: 
                Ardsley
                Partners

            
	
              Street: 
                262
                Harbor Drive, 4th Floor

            
	
              City/State/Zip: 
                Stamford,
                CT 06902

            
	
              Attention: 
                Steve
                Napoli

            
	
              Tel: 
                (203)
                564-4230 

            
	
              Fax: 
                (203)
                355-0715

            

    

     

    Investor
      Signature Page to the Make Good Escrow Agreement

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              ARDSLEY
                PARTNERS FUND II, LP

            
	 	 
	
              By:

            	
              /s/
                Steve Napoli

            
	
              Name:

            	
              Steve
                Napoli

            
	
              Title:

            	
              Agent/Advisor

            
	
              c/o: 
                Ardsley
                Partners

            
	
              Street: 
                262
                Harbor Drive, 4th Floor

            
	
              City/State/Zip: 
                Stamford,
                CT 06902

            
	
              Attention: 
                Steve
                Napoli

            
	
              Tel: 
                (203)
                564-4230 

            
	
              Fax: 
                (203)
                355-0715

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              ARDSLEY
                OFFSHORE FUND, LTD

            
	 	 
	
              By:

            	
              /s/
                Steve Napoli

            
	
              Name:

            	
              Steve
                Napoli

            
	
              Title:

            	
              Agent/Advisor

            
	
              c/o: 
                Ardsley
                Partners

            
	
              Street: 
                262
                Harbor Drive, 4th Floor

            
	
              City/State/Zip: 
                Stamford,
                CT 06902

            
	
              Attention: 
                Steve
                Napoli

            
	
              Tel: 
                (203)
                564-4230 

            
	
              Fax: 
                (203)
                355-0715

            

    

    
Investor
      Signature Page to the Make Good Escrow Agreement

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              ARDSLEY
                PARTNERS INSTITUTIONAL FUND, LP

            
	 	 
	
              By:

            	
              /s/
                Steve Napoli

            
	
              Name:

            	
              Steve
                Napoli

            
	
              Title:

            	
              Agent/Advisor

            
	
              c/o: 
                Ardsley
                Partners

            
	
              Street: 
                262
                Harbor Drive, 4th Floor

            
	
              City/State/Zip: 
                Stamford,
                CT 06902

            
	
              Attention: 
                Steve
                Napoli

            
	
              Tel: 
                (203)
                564-4230 

            
	
              Fax: 
                (203)
                355-0715

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              SPECIAL SITUATIONS PRIVATE EQUITY FUND, L.P.

            
	 	 
	
              By:

            	
              /s/David
                Greenhouse

            
	
              Name:

            	
              David
                Greenhouse

            
	
              Title:

            	
              Managing
                Director

            
	
              c/o: 
                Special
                Situations Private Equity Fund, L.P.

            
	
              Street: 
                527
                Madison Avenue, Suite 2600

            
	
              City/State/Zip: 
                New
                York, New York 10022 

            
	
              Attention: 
                Marianne
                Hicks/David Greenhouse

            
	
              Tel: 
                (631)
                725-3779 ext 3

            
	
              Fax: 
                (631)
                319-6670

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              SPECIAL
                SITUATIONS CAYMAN FUND, L.P.

            
	 	 
	
              By:

            	
              /s/David
                Greenhouse

            
	
              Name:

            	
              David
                Greenhouse

            
	
              Title:

            	
              Managing
                Director

            
	
              c/o: 
                Special
                Situations Private Equity Fund, L.P.

            
	
              Street: 
                527
                Madison Avenue, Suite 2600

            
	
              City/State/Zip: 
                New
                York, New York 10022 

            
	
              Attention: 
                Marianne
                Hicks/David Greenhouse

            
	
              Tel: 
                (631)
                725-3779 ext 3

            
	
              Fax: 
                (631)
                319-6670

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              JAYHAWK
                PRIVATE EQUITY FUND, LP

            
	 	 
	
              By:

            	
              /s/
                Michael D. Schmitz

            
	
              Name:

            	
              Michael
                D. Schmitz

            
	
              Title:

            	
              CFO
                of 6P of 6P

            
	
              c/o: 
                Jayhawk
                Capital

            
	
              Street: 
                5410
                West 61st Place, Suite 100

            
	
              City/State/Zip: 
                Mission,
                KS 66205

            
	
              Attention: 
                Michael
                Schmitz

            
	
              Tel: 
                (913)
                642-2611

            
	
              Fax: 
                (913)
                642-8661

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              JAYHAWK PRIVATE EQUITY CO-INVEST FUND, LP

            
	 	 
	
              By:

            	
              /s/
                Michael D. Schmitz

            
	
              Name:

            	
              Michael
                D. Schmitz

            
	
              Title:

            	
              CFO
                of 6P of 6P

            
	
              c/o: 
                Jayhawk
                Capital

            
	
              Street: 
                5410
                West 61st Place, Suite 100

            
	
              City/State/Zip: 
                Mission,
                KS 66205

            
	
              Attention: 
                Michael
                Schmitz

            
	
              Tel: 
                (913)
                642-2611

            
	
              Fax: 
                (913)
                642-8661

            

    

     

    Investor
      Signature Page to the Make Good Escrow Agreement

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              BTG
                INVESTMENTS, LLC

            
	 	 
	
              By:

            	
              /s/Gordon
                J. Roth

            
	
              Name:

            	
              Gordon
                J. Roth

            
	
              Title:

            	
              Manager

            
	
              c/o: 
                BTG
                Investments, LLC

            
	
              Street: 
                24
                Corporate Plaza

            
	
              City/State/Zip: 
                New
                port Beach, CA 92660

            
	
              Attention: 
                Gordon
                J. Roth

            
	
              Tel: 
                (949)
                720-5774

            
	
              Fax: 
                (949)
                720-7241

            

    

    
Investor
      Signature Page to the Make Good Escrow Agreement

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above

     

    
      	
              NAME
                OF INVESTOR

              MIDSOUTH
                INVESTOR FUND LP

            
	 	 
	
              By:

            	
              /s/
                Lyman O. Heidtke

            
	
              Name:

            	
              Lyman
                O. Heidtke

            
	
              Title:

            	
              General
                Partner

            
	
              c/o: 
                Lyman
                O. Heidtke

            
	
              Street: 
                201
                4th
                Avenue, North Suit 1950

            
	
              City/State/Zip: 
                Nashville,
                TN 37219

            
	
              Attention: 
                Lyman
                O. Heidtke

            
	
              Tel: 
                (615)
                254-0992

            
	
              Fax: 
                (615)
                254-1603

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              STRAUS
                PARTNERS, LP 

            
	 	 
	
              By:

            	
              /s/
                Andrew Marks

            
	
              Name:

            	
              Andrew
                Marks

            
	
              Title:

            	
              CFO

            
	
              c/o: 
                Straus
                Asset Management

            
	
              Street: 
                320
                Park Avenue, 10th Floor

            
	
              City/State/Zip: 
                New
                York, NY 10022

            
	
              Attention: 
                Andrew
                Marks

            
	
              Tel: 
                (212)
                415-7274

            
	
              Fax: 
                (212)
                415-7256

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              STRAUS-GEPT
                PARTNERS, LP

            
	 	 
	
              By:

            	
              /s/
                Andrew Marks

            
	
              Name:

            	
              Andrew
                Marks

            
	
              Title:

            	
              CFO

            
	
              c/o: 
                Straus
                Asset Management

            
	
              Street: 
                320
                Park Avenue, 10th Floor

            
	
              City/State/Zip: 
                New
                York, NY 10022

            
	
              Attention: 
                Andrew
                Marks

            
	
              Tel: 
                (212)
                415-7274

            
	
              Fax: 
                (212)
                415-7256

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              ANDREW
                PARKo

            
	 	 
	
              By:

            	
              /s/
                Andrew Park

            
	
              Name:

            	
              Andrew
                Park

            
	
              c/o: 
                Spyglass
                Capital Partners, LLC

            
	
              Street: 
                201
                Post Street, 11th Floor

            
	
              City/State/Zip: 
                San
                Francisco, CA 94108

            
	
              Attention: 
                Andrew
                Park

            
	
              Tel: 
                (415)
                394-3409

            
	
              Fax: 
                (415)
                946-3555

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              BAI
                YE FENG

            
	 	 
	
              By:

            	
              /s/
                Bai Ye Feng

            
	
              Name:

            	
              Bai
                Ye Feng

            
	
              Street:

            	
              86
                Wellington Street

            
	
              City/State/Zip: 
                Central
                Hong Kong

            
	
              Attention: 
                Bai
                Ye Feng

            
	
              Tel: 
                +
                852-975-81851

            
	
              Fax: 
                +
                852-301-58525

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              RICHARD
                D. SQUIRES

            
	 	 
	
              By:

            	
              /s/
                Richard D. Squires

            
	
              Name:

            	
              Richard
                D. Squires

            
	
              Street:

            	
              100
                Crescent Court, Suite 450

            
	
              City/State/Zip: 
                Dallas,
                TX 75201

            
	
              Attention: 
                Richard
                D. Squires

            
	
              Tel: 
                (214)
                270-2150

            
	
              Fax: 
                (214)
                468-8870

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              COOPER
                FAMILY TRUST DTD 08/01/04

            
	 	 
	
              By:

            	
              /s/Chad
                Cooper

            
	
              Name:

            	
              Chad
                Cooper

            
	
              Title:

            	
              Co-Trustee

            
	
              c/o: 
                Roth
                Capital Partners

            
	
              Street: 
                24
                Corporate Plaza

            
	
              City/State/Zip: 
                Newport
                Beach, CA 92660

            
	
              Attention:
                Chad
                cooper

            
	
              Tel: 
                (949)
                533-5380

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above

     

    
      	
              NAME
                OF INVESTOR

              CHESTNUT
                RIDGE PARTNERS, LP

            
	 	 
	
              By:

            	
              /s/.
                Kenneth Holz

            
	
              Name:

            	
              Kenneth
                Holz

            
	
              Title:

            	
              CFO

            
	
              c/o: 
                Chestnut
                Ridge, LP

            
	
              Street: 
                50
                Tice Boulevard

            
	
              City/State/Zip: 
                Woodcliff
                Lake, NJ 07677

            
	
              Attention: 
                Kenneth
                Holtz

            
	
              Tel: 
                (201)
                802-9494

            
	
              Fax: 
                (201)
                802-9450

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              CORONADO
                CAPITAL PARTNERS, LP

            
	 	 
	
              By:

            	
              /s/
                Zach Easton

            
	
              Name:

            	
              Zach
                Easton

            
	
              Title:

            	
              President

            
	
              c/o: 
                MS
                Howells

            
	
              Street: 
                20555
                North Pima Road, #100

            
	
              City/State/Zip: 
                Scottsdale,
                AZ 85255

            
	
              Attention: 
                Zach
                Easton

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

    
       

      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    IN
      WITNESSWHEREOF, the parties hereto have caused the Make Good Escrow Agreement
      to
      be duly executed by their respective authorized signatories as of the date
      first
      indicated above.

     

    
      	
              NAME
                OF INVESTOR

              SEI
                PRIVATE TRUST CO FAO

              THE
                JM SMUCKER CO
                MASTER TRUST 

            
	 	 
	
              By:

            	
              /s/
                Zach Easton

            
	
              Name:

            	
              Zach
                Easton

            
	
              Title:

            	
              President
                Coronado Capital Management

            
	
              c/o: 
                SPTC
                Specialized Trust Admin Services

            
	
              Street: 
                1
                Freedom Valley Drive

            
	
              City/State/Zip: 
                Oaks,
                PA 19456

            
	
              Attention: 
                Suzanne
                Rokosny

            

    

    

    Investor
      Signature Page to the Make Good Escrow Agreement

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Exhibit
      B

    

    Make
      Good
      Escrow Fee

    Tri-State
      Title & Escrow LLC $1,000.00

     

    Investor
      Signature Page to the Make Good Escrow Agreement

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00140-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00140-of-00352.parquet"}]]