Document:

Form of Counter-guarantee Agreement

 Exhibit 10.11 
 English translation 
 For reference only 
 Counter-Guarantee Agreement (Maximum Amount Guarantee) 
 No.
                     
  

			
	Guarantor:	  	Changzhou Hengtai Investment Bonding Co., Ltd. (‘Party A’)
	 Address:
	  	Room 303, Bldg. 18, Hengshan Road, New North District, Changzhou
	 Legal Representative:
	  	Tang Zhengming
	 Handled By:
	  	Gao Ruilin
	 Telephone:
	  	5068669
	 Fax:
	  	5068669
		
	 Counter-Guarantor:
	  	                                      
       (‘Party B’)
	 Address:
	  	
	 Legal Representative:
	  	
	 Telephone:
	  	

 WHEREAS the guarantor is scheduled to sign a Guarantee Contract (the “Guarantee Contract”) with the New
North District Sub-Branch, Changzhou Branch, Agricultural Bank of China (the “Principal Creditor”) for the Loan Contract executed from
                     to
                     between Changzhou Trina Solar Energy Co., Ltd. and the Principal Creditor, pursuant to which the Guarantor undertakes to
provide a guarantee for Changzhou Trina Solar Energy Co., Ltd. (the “Borrower”) on the loan under the Loan Contract which the Borrower is scheduled to sign with the Principal Creditor. 
 Upon request by the Guarantor and the Borrower, the Counter-Guarantor hereby agrees and undertakes to provide, as a counter-guarantor and on voluntary basis, a
counter-guarantee for the Guarantor. The Counter-Guarantor hereby signs with the Guarantor a counter-guarantee contract where the Guarantor is the sole beneficiary on an unconditional, irrevocable and jointly liable basis. 
  

	Article  I	Representations and Undertakings by Counter-Guarantor 

  

	 	I.  1	The Counter-Guarantor has the principal qualification to be a Guarantor under the laws of the People’s Republic of China; he is qualified and able to provide a guarantee for
the Guarantor; 

  

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	 	I.  2	The Counter-Guarantor has sufficient ability to undertake the guarantee obligations, and will not minimize or exempt the guarantee obligation because of any instruction, change of
financial situation, or an agreement signed with any third party; 

  

	 	I.  3	The Counter-Guarantor is fully aware of the purpose of the loan the Borrower intends; the provision of this counter-guarantee for the Borrower under the Loan Contract is completely
voluntary; and it is the true will of the Counter-Guarantor to execute this counter-guarantee contract; 

  

	 	I.  4	The Counter-Guarantor is well aware of the scope of business, credit status, financial and asset status of the Guarantor, and has a full knowledge of the Guarantee Agreement, Loan
Contract, Guarantee Contract and the relevant supplementary provisions to these contracts; 

  

	 	I.  5	The Counter-Guarantor agrees to undertake the joint guarantee liabilities with all the assets he possesses; 

  

	 	I.  6	The Counter-Guarantor has obtained consent from the Board of Directors or the Shareholders’ meeting of the Counter-Guarantor’s company, with the resolution signed by the
Board of Director or the Shareholders’ meeting, before signing this Contract. If the Counter-Guarantor has breached the Articles of Association of his company and other internal regulations to sign this Contract, he shall undertake the ensuing
responsibilities. The Counter-Guarantor shall continue to undertake his obligations under this Contract. 

  

	Article  II	Type and Amount of the Creditor’s Right under Counter-Guarantee 

  

	 	II.  1	The Creditor’s right guaranteed under this Counter-guarantee Contract is an amount of less than
                     which the Lender loans to the borrower under the Loan Contract. The actual amount shall be based upon that agreed in the
Loan Contract; 

  

	Article  III	Form of Guarantee 

  

	 	III.  1	The counter-guarantee under this Contract is a guarantee with a joint liability. The Counter-Guarantor undertakes the joint liability for the loan principal, interest, compound
interest, penalty interest, default penalty, damages, expenses in the enforcement of Creditor’s right, and all other expenses incurred when the Guarantor repays the above-said items for the Borrower; 

  

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	 	III.  2	In case the Counter-Guarantor has undertaken full-amount guarantee and there are other counter-guarantors, all the Counter-Guarantors shall jointly undertake the said liabilities.

  

	Article  IV	Scope of Guarantee 

  

	 	IV.  1	The guarantee under this counter-guarantee contract covers the following items under the Loan Contract: all the expenses for the enforcement of the Creditor’s right (including
but not limited to litigation costs, arbitration costs, property preservation fees, travel expenses, execution fees, appraisal charges, auction expenses and attorney’s charges), the loan principal, interest, penalty interest, compound interest,
default penalty, damages; and the other expenses incurred when the Guarantor repays the above-said items for the Borrower (including but not limited to litigation costs, arbitration costs, property preservation fees, travel expenses, execution fees,
appraisal charges, auction expenses and attorney’s charges). 

  

	Article  V	Term of Guarantee 

  

	 	V.  1	The term of guarantee under this counter-guarantee is two years beginning from the next date after the Guarantor repays the Lender the loan amount, interest and other related
expenses for the Borrower. 

  

	Article  VI	Rights and Obligations of Counter-Guarantor 

  

	 	VI.  1	The Counter-Guarantor agrees and undertakes that, if the Borrower fails to repay the Lender timely the loan principal, interest and other related fees, after the Guarantor has
repaid the principal, interest and other related fees to the Lender for the Borrower, the Counter-Guarantor shall unconditionally pay in full amount to the Guarantor the above-said principal, interest, penalty interest, compound interest, default
penalty, damages, expenses for enforcement of the Creditor’s right and other fees in five days. The Counter-Guarantor shall not raise any objection, and the said fees shall be regarded as the amount that the Counter-Guarantor owes the
Guarantor; 

  

	 	VI.  2	The Counter-Guarantor shall provide the relevant materials as requested by the Guarantor and undertake that the materials provided are authentic and lawful;

  

	 	VI.  3	 The Counter-Guarantor shall be inspected by the Guarantor on his qualification to provide a guarantee every half a year, and shall be 

  

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monitored and inspected regularly by the same on his operation, business status and financial status. The Counter-Guarantor shall provide assistance to the
Guarantor in regard to such inspections; 

  

	 	VI.  4	The Counter-Guarantor shall sign a call latter or other call documents sent by the Guarantor and mail a receipt in three days upon receipt. Should the Counter-Guarantor not reply,
the said mail or documents shall be regarded as having been accepted; 

  

	 	VI.  5	The Counter-Guarantor shall give a written notice to the Guarantor if any of the following occurs: 

  

	 	VI.  5.1	A change in the corporate structure, scope of principal business, Board of directors and/or senior management, an amendment to the Articles of Association or an adjustment in the
internal corporate structure of the Counter-Guarantor; 

  

	 	VI.  5.2	A serious act of violation against discipline, an act against law or a compensation case in which the Counter-Guarantor or the major responsible persons of the Counter-Guarantor are
involved; 

  

	 	VI.  5.3	The Counter-Guarantor experiences a serious difficulty in business or deterioration of financial affairs; 

  

	 	VI.  5.4	Any of the following that happens to the Counter-Guarantor: dissolution of business operation, being involved in a major litigation or arbitration, or that the People’s Court
has accepted an application for bankruptcy with the Counter-Guarantor as the intended bankrupt; 

  

	 	VI.  5.5	Any other circumstances that may affect the financial status and the ability of the Counter-Guarantor to repay the debt; 

  

	 	VI.  6	The Counter-Guarantor shall give the Guarantor a written notice before any of the following occurs and shall provide truthfully the relevant materials. The Counter-Guarantor may
proceed to perform the following only if the Guarantor thinks that, after his inspection, such circumstances will not affect the enforcement of the Creditor’s right under this Contract and thus gives his consent. 

  

	 	VI.  6.1	Practicing contracting, leasing, joint venture or custody; 

  

	 	VI.  6.2	Resorting to incorporation reform, merger, acquisition or divestiture; 

  

	 	VI.  6.3	 Reduction of registered capital, change in constituency or restructuring, 

  

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system reform, transfer of property rights or shareholding, major change in property rights or shareholding, or transfer of assets, Creditor’s rights or
indebtedness as practiced in any form by the Borrower; 

  

	 	VI.  6.4	Cessation of business, dissolution of business, transfer of equity, liquidation or conclusion of business; 

  

	 	VI.  6.5	Transfer of the rights and obligations under this Contract; 

  

	 	VI.  6.6	Other matters that require a written consent by the Guarantor; 

  

	 	VI.  7	This Contract shall not be affected or invalidated by any amendment, supplement or deletion to the Guarantee Contract or Loan Contract; 

  

	 	VI.  8	If, within the term of this Contract, the Lender or the Guarantor transfers the principal Creditor’s right to a third party, the Counter-Guarantor shall continue to bear the
guarantee obligations in the original scope of guarantee; 

  

	 	VI.  9	If there occurs a change in scope of Principal Creditor (namely, the change of the Lender) after the execution of this Contract by the Guarantor and the Counter-Guarantor, the
latter shall continue to bear the guarantee obligations within the original scope of guarantee; 

  

	 	VI.  10	If, within the term of this Contract, the Counter-Guarantor intends to provide a guarantee in any form to a third party, he shall obtain a written consent from the Guarantor;

  

	 	VI.  11	The guarantee under this Contract is a continuous obligation and responsibility of the Counter-Guarantor which shall not be affected by any dispute, compensation claims or legal
proceedings, nor changed by the bankruptcy, insolvency, loss of corporate status, amendment to Articles of Association, any other essential alteration, or transfer of indebtedness to a third party on the part of the Borrower.

  

	Article  VII	Event of Default 

  

	 	VII.  1	 If the Counter-Guarantor violates Article I ‘Representations and Undertakings by Counter-Guarantor’ and provides false representations and declaration,
resulting in the invalidity of this Contract, any other consequences and subsequent damages to the Guarantor, the Counter-Guarantor shall undertake all the repayment obligations. The Counter-Guarantor shall compensate the Guarantor for all the loan
principal, interest, compound interest, penalty interest, default penalty, expenses 

  

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involved in the enforcement of the Creditor’s right (including but not limited to travel expenses and attorney’s fees), and all the other expenses
payable (including but not limited to travel expenses and attorney’s fee as specified in the Loan Contract); 

  

	 	VII.  2	If the Counter-Guarantor does not fully perform the repayment obligation as agreed in this Contract, he shall pay the Guarantor a default penalty amounting to 0.05% of the overdue
amount for each day delayed; 

  

	 	VII.  3	If the Counter-Guarantor has caused this Contract to invalidate due to his fault, he shall undertake all the repayment obligations. The Counter-Guarantor shall pay the Guarantor all
the loan principal, interest, compound interest, default penalty, damages, expenses involved in the enforcement of the Creditor’s rights and all the other expenses payable. The said fault resulting in the invalidity of the Contract includes but
is not limited to: 

  

	 	VII.  3.1	a circumstance where the Counter-Guarantor lacks the principal qualification to be a Guarantor or is not legally permitted to provide guarantee; 

  

	 	VII.  3.2	a circumstance where a Board Director or manager of the Counter-Guarantor has violated the provisions specified in Article 60 of the ‘Company Law of the People’s Republic
of China, and provided guarantee for a third party; 

  

	 	VII.  3.3	any other circumstances where the fault by the Counter-Guarantor has caused the invalidity of this Contract; 

  

	 	VII.  4	If the Counter-Guarantor violates the provisions specified in Article VI. 6 of this Contract, the Guarantor shall have the right to take necessary measures (including but not
limited to legal actions) to stop the Counter-Guarantor from performing such acts. 

  

	Article  VIII	Commencement, Change, Discharge and Termination of Contract 

  

	 	VIII.  1	This Contract comes into effect upon the signature and seal by the Counter-Guarantor and the legal representative of the Guarantor, until the Borrower has repaid all the loan
principal, interest, compound interest, penalty interest, default penalty, damages, expenses involved in the enforcement of the Creditor’s right and other expenses, including guarantee fee, delay charge, overdue payment and other fees. This
Contract terminates on the day when the Counter-Guarantor has fulfilled all the obligations under this Contract; 

  

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	 	VIII.  2	This Contract is independent of the Guarantee Contract and the Loan Contract, and will not be invalidated by the invalidity of the Loan Contract or the Guarantee Contract. If the
Loan Contract or the Guarantee Contract is invalid, the Counter-Guarantor shall continue to perform the obligations specified under this Contract. 

  

	 	VIII.  3	This Contract shall not be discharged. 

  

	Article  IX	Dispute Resolution 

  

	 	IX.  1	This Contract is governed by the laws and regulations of the People’s Republic of China, which shall form the basis for interpretation of the said Contract;

  

	 	IX.  2	Any dispute arising from or related to this Contract shall be resolved through negotiation. If such an effort fails, legal action shall be sought at the People’s Court of a
jurisdiction which covers the location of the Guarantor. 

  

	Article  X	Text of Contract 

  

	 	X.  1	This Contract reflects the true will of the Guarantor and the Counter-Guarantor. The Contract shall be binding to the two parties starting from the date of commencement of this
Contract; 

  

	 	X.  2	This Contract shall be made in two counterparts. Each of the Guarantor and the Counter-Guarantor shall hold one counterpart. Both counterparts shall be legally effective, and they
shall become effective after they are signed and chopped with the Parties’ corporate seals by the respective legal representatives. 

  

							
	Guarantor (Seal): Changzhou Hengtai Investment Bonding Co., Ltd.	  	
		  		  	(Seal)	  	
	Legal Representative (Signature):	  	Tang Zhengming	  	(Seal)	  	
			
	Counter-Guarantor (Seal):	  	  
	  	
		  		  	(Seal)	  	
	Legal Representative (Signature):	  	Gao Jifan	  	(Seal)	  	
			
	Date Signed:                         	  		  	

  

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 Schedule 
  

									
	 No.
	  	 Date of Agreement
	  	 Guarantor
	  	 Maximum Amount
	  	 Term

	 1
	  	December 7, 2005	  	Changzhou Tianhe Investment Co., Ltd.	  	US$3.4 million	  	December 7, 2005 to December 7, 2006
	 2
	  	May 17, 2006	  	Changzhou Tianhe Investment Co., Ltd.	  	RMB90.0 million	  	December 7, 2005 to December 7, 2006
	 3
	  	May 12, 2006	  	Mr. Jifan Gao and Ms. Chunyan Wu	  	RMB90.0 million	  	—  

  

 8Form of Security Agreement

 Exhibit 10.12 
 English translation 
 For reference only 
 Contract of Counter-Guarantee (Security of Maximum Amount) 
 No.:
             
  

			
	Counter-Guarantor (Mortgager):	  	Changzhou Trina Solar Energy Co., Ltd.
		  	(hereinafter referred to as “Party A”)

 Address: No. 8, Xinyuan Yi Road, Electronics Park, Xinbei District, Changzhou 
 Legal representative: GAO Jifan 
 Attn: 
 Tel: 
 Fax: 
 Deposit Bank: Agricultural Bank of China Changzhou City Xinqiao Office A/C No. 
  

			
	Guarantor (Mortgagee):	  	Changzhou Hengtai Investment Bonding Co., Ltd.
		  	(hereinafter referred to as “Party B”)

 Address: Rm. 303, No. 18, Hengshan Road, Xinbei District, Changzhou 
 Legal representative: TANG Zhengming 
 Attention: 
 Tel: 
 Fax: 
 WHEREAS Changzhou Trina Solar Energy Co., Ltd. (hereinafter referred to as the “Principal Debtor”) and New North District Sub-Branch, Changzhou Branch, Agricultural Bank of China (hereinafter referred to as
the “Principal Creditor”) have entered into a series of bank credit facilities contracts (including loans, issuance of letters of credit, and other bank credit business) (hereinafter referred to as the “Main Contracts”), whereby
both parties agree that Party B shall undertake joint and several guarantee liability. 
 THEREFORE, Party B and the Principal Creditor enter into a
Guarantee Contract of Maximum Amount with the contract number as                          (hereinafter referred to as the
“Guarantee Contract”), 
 Party A is willing to pledge the property which Party A has the right to dispose of as counter mortgage for the guarantee
liability provided by Party B by signing the abovementioned Guarantee Contract. According to the applicable laws and regulations, Party A and Party B have entered into this Contract. 
  

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 Article I. Collateral 
  

	1.	Party A agrees to pledge the property listed in the “List of Collateral” under Article XVI. 

  

	2.	Party A undertakes that it has full legal ownership right towards all the Collateral. 

  

	3.	Party A undertakes that the Collateral is free from any ownership dispute, seizure or sequestration. 

 Article II. Scope of Mortgage Guarantee 
 The scope of guarantee hereunder is the maximum balance of the Creditor’s
right under the Main Contracts in the amount of RMB                         together with interest (including compound
interest and penalty interest), penalty, compensation, relevant payment advanced by the Principal Creditor and Party B, all cost incurred by the Principal Creditor and Party B for the Creditor’s right and the mortgage right enforcement, and the
default penalty and damages undertaken by Party A. 
 Party A confirms that when the Principal Debtor fails to perform its indebtedness obligations according
to the Main Contracts and Party B undertakes the guarantee obligation according to the Guarantee Contract, Party B is entitled to directly request Party A to undertake the guarantee obligation within the scope of its guarantee, whether or not Party
B has any other security (including but not limited to warranty, mortgage, pledge, letter of guarantee, standby letter of credit, and other forms of security) for the Creditor’s right under the Guarantee Contract. 
 Article III. Term of Mortgage Right 
 The mortgage term of the Collateral
shall last from              to             ; the term of the mortgage right shall be two years commencing from the
day next to the day when Party B is asked to undertake the guarantee obligation within the mortgage term. 
 Article IV. Amendment to the Secured Guarantee
Contract 
 Party A confirms that, if Party B and the Principal Creditor agree to amend the terms and conditions of the Guarantee Contract, it will be deemed
that Party A has given prior consent to such amendment, and Party A’s obligation for counter guarantee will not be diminished or exempted unless: 
  

	(1)	the term for the occurrence of the two situations below performance of the guarantee is extended; 

  

	(2)	the amount of guarantee is increased. 

 Article V. Independence of the
Validity of the Contract 
 The validity of this Contract is independent of the Guarantee Contract. If the Guarantee Contract becomes void, this shall not
influence the validity of this Contract. If the Guarantee Contract is confirmed to be void, Party A shall undertake the guarantee obligation against the Collateral uses for Party B’s indebtedness arising from the return of property or
compensating for loss. 
  

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 Article VI. Custody of the Collateral 
 During the existence of the Mortgage right , Party A is obliged to take good care of the Collateral to ensure that the Collateral is not damaged, and is ready to receive Party B’s inspection from time to time. In
case of any damage, loss or significant decrease in the value of the Collateral, Party A shall notify Party B immediately, and shall provide to Party B with other security that is equivalent to the decreased value of the Collateral within 5
days after the notification. The portion of the Collateral whose value has not decreased will continue to be held as security for the Creditor’s Right. 
 Article VII. Insurance of the Collateral 
 During the existence of the Mortgage right, Party A shall effect property insurance for the Collateral
according to the relevant laws and regulations as well as the type of coverage and insured amount specified by Party B. The term of the insurance shall be at least 3 months longer than the performance period of the Guarantee Contract. During
the term of the insurance, Party A must not terminate or withdraw the insurance for any reason. 
 During the existence of the Mortgage right, the original
of the insurance policy shall be kept by Party B. 
 Party A shall request the insurer to indicate on the insurance policy that Party B is the preferred
indemnity payee (that is, the first beneficiary) of the said insurance. In case of any insurance incident, the insurer shall transfer the compensation directly to the account designated by Party B. If insurance has been effected for the Collateral
without indicating Party B as the preferred indemnity payee, an endorsement or amendment shall be made to indicate Party B as the preferred indemnity payee. 
 Party A agrees that Party B is entitled to choose to dispose the compensation of the said insurance in the following ways, and will assist in completing the related procedures. 
  

	(1)	Paying off or paying off in advance all the indebtedness under the Main Contracts and the Guarantee Contract, including the paid principal and interest (including penalty interest),
default penalty, damages and the related expenses; 

  

	(2)	Converting the compensation into time deposit, using the certificate of deposit as a pledge; 

  

	(3)	Upon the consent of Party B, using the compensation to repair the Collateral for restoring the value of the Collateral; 

  

	(4)	Escrowing the compensation to the third party designated by Party B; 

  

	(5)	Leaving the compensation at Party A’s free disposal after Party A provides a new security that satisfies the requirements of Party B. 

 Article VIII. Third Party Damages 
 During the existence of the Mortgage
right, if the value of the Collateral is decreased due to any act of a third party, the damages shall 

  

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be deposited into the account designated by Party B. Party A agrees that Party B is entitled to choose to dispose such damages in the following ways, and
will assist in completing the related procedures. 
  

	(1)	Paying off or paying off in advance all the indebtedness under the Main Contracts and the Guarantee Contract, including the paid principal and interest (including penalty interest),
default penalty, damages and the related expenses; 

  

	(2)	Converting the compensation into time deposit and using the certificate of deposit as a pledge; 

  

	(3)	Using the compensation to repair the Collateral for restoring the value of the Collateral after obtaining the consent of Party B; 

  

	(4)	Escrowing the compensation to the third party designated by Party B; 

  

	(5)	Leaving the compensation at Party A’s free disposal after Party A provides a new security that satisfies the requirements of Party B. 

 During the existence of the Mortgage right, if the Collateral is insufficient to pay off the principal, interest and related expenses of the indebtedness under the Main
Contracts, the Guarantee Contract and this Contract owing to any act of a third party, Party A shall provide a new security acceptable to Party B. The portion of the Collateral whose value has not decreased will continue to be held as security for
the Creditor’s right. 
 Article IX. Disposal of Collateral 
 During the existence of the Mortgage right, without the prior written consent of Party B, Party A shall not bestow, transfer, lease, further mortgage, move or otherwise dispose of the Collateral hereunder. 
 During the existence of the Mortgage right, Party A shall obtain Party B’s prior written consent before Party A can dispose of the Collateral. Party A agrees that
Party B is entitled to choose to dispose of, in the following ways, the consideration of such disposal: 
  

	(1)	Paying off or paying off in advance all the indebtedness under the Main Contracts and the Guarantee Contract, including the paid principal and interest (including penalty interest),
default penalty, damages and the related expenses; 

  

	(2)	Converting the received consideration into time deposit, and using the certificate of deposit as a pledge; 

  

	(3)	Escrowing the received consideration to the third party designated by Party B; 

  

	(4)	Leaving the received consideration at Party A’s free disposal after Party A provides a new security that satisfies the requirements of Party B. 

 Article X. Enforcement of the Mortgage Right 
 Party A agrees that Party B is
entitled to conduct an auction, discount or sell off the Collateral in accordance with laws in any of the following cases: 
  

	(1)	 the term of the principal or interest of all or part of the indebtedness under the Main Contracts expires, and Party B performs its obligations according to the
Guarantee Contract because the Principal Creditor is not paid off; 

  

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	(2)	other circumstances where Party B makes earlier performance of its obligations according to the stipulation of the Guarantee Contract. 

 Article XI. Default and Handling 
 During the term of the Mortgage right, if
Party A violates Article I, Article VI, Article VII, Article VIII or Article IX of this Contract, Party B is entitled to request that Party A shall correct such breach, provide corresponding security and compensate for Party B’s loss before a
deadline. Party B is also entitled to dispose of the Collateral in advance; 
 Party A agrees that Party B is entitled to choose to dispose of, in the
following ways, the consideration received from such disposal. 
  

	(1)	Paying off or paying off in advance all the indebtedness under the Main Contracts and the Guarantee Contract, including the paid principal and interest (including penalty interest),
default penalty, damages and the related expenses; 

  

	(2)	Converting the received consideration into time deposit, and using the certificate of deposit as a pledge; 

  

	(3)	Escrowing the received consideration to the third party designated by Party B; 

  

	(4)	Leaving the received consideration at Party A’s free disposal after Party A provides a new security that satisfies the requirements of Party B. 

 If Party A is slow to assist Party B in realizing the Mortgage right, Party A shall pay Party B a daily default penalty equal to 0.05% of the outstanding indebtedness of
Party B from the date of notification given by Party B to the date when all of Party B’s indebtedness is fully satisfied. 
 Article XII.
Registration & Cancellation of Collateral 
 Collateral that should be registered in accordance with law shall be registered by both parties with the
relevant registration authority upon the execution of this Contract. On the effective date of this Contract, Party A shall deliver the Certificate of Encumbrance of the Collateral, the original documents of mortgage registration and other
certificates of ownership right to Party B. 
 Once all the indebtedness under the Guarantee Contract and this Contract are fully satisfied, Party B and
Party A shall administer the cancellation of the mortgage registration in a timely fashion. 
 Article XIII. Expenses Undertaking 
 The expenses such as appraisal, notarization, insurance, registration, authentication, custody, and escrowing in connection with this Contract shall all be undertaken by
Party A. 
 “Expenses” for the purpose of this Contract include but are not limited to litigation fees, arbitration fees, property preservation
fees, travel expenses, enforcement fees, appraisal fees, auction fees and attorney’s fees. 
  

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 Article XIV. Enforcement 
 Upon the execution of this Contract, a notarized certificate with enforcement power shall be obtained from a notarization authority designated by Party B. If Party A fails to perform its obligations hereunder, Party B is entitled to apply
to the People’s Court with jurisdiction right for enforcement. Party A is willing to follow the enforcement of the People’s Court. 
 Article XV.
Other Provisions 
  

	1.	Where it is stipulated in the Guarantee Contract of Party B that the currency of foreign payment shall be made in a foreign currency, but the consideration of the disposal are
received in RMB, the RMB amount shall be converted into foreign currency at the official selling price of the bank for the corresponding currency promulgated by the bank on the date when the consideration received shall be deposited into the bank.

  

	2.	If Party A uses a land use right such as a pledge, no additional buildings shall be constructed on the land during the term of the Mortgage. In case of any additional building,
Party A must obtain the prior consent of Party B. Such additional building shall become part of Collateral under this Contract, for which the related procedures shall be completed. 

 Article XVI. List of Collateral 
 The list of Collateral hereunder is as
follows: 
 List of Collateral 
  

											
	 Description of Collateral
	  	Certificate of
Title or Nos.	  	Location	  	Assessed Value
of Collateral
(Million Yuan)	  	Amount of
Mortgage
(Million Yuan)	  	Remarks
		  		  		  		  		  	
		  		  		  		  		  	

 Article XVII. Effectiveness 
 This Contract will take effect when and if the following is satisfied: 
  

	1.	This Contract is affixed with the signature/seal of Party A’s legal representative or authorized agent and Party A’s official seal (Party A signature if Party A is a
natural person) as well as the signature/seal the Party B’s legal representative or authorized agent and the official seal of Party B; 

  

	2.	The Collateral listed in the List of Collateral herein that needs to be registered under law has been properly registered. 

 Article XVIII. This Contract is in triplicate, with Party A, Party B and the registration authority holding one counterpart each. 
 Article XIX. Representations 
  

	1.	Party A knows Party B’s business scope and delegation of authorization. 

  

	2.	 Party A has read all the articles herein. At the request of Party A, Party B has explained the articles herein respectively. Party A is fully aware of and fully
understands the meaning and legal consequence of the articles herein. 

  

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	3.	Party A has the power to sign this Contract. 

 Legal representative: GAO
Jifan (Seal) 
 For and on behalf of: (Seal of Changzhou Trina Solar Energy Co., Ltd.) 
 Date:                          
 Legal representative: TANG Zhengming (Seal) 
 For and on behalf of: (Seal of
Changzhou Hengtai Investment Guarantee Co., Ltd.) 
 Date:
                         
  

 7 

 Schedule 
  

							
	No.	  	 Date of Agreement
	  	 Maximum Amount
	  	 Term

				
	1	  	December 7, 2005	  	RMB16.1 million	  	December 7, 2005 to December 7, 2008
				
	2	  	May 18, 2006	  	RMB9.0 million	  	May 18, 2006 to December 31, 2008

  

 8

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