Document:

Unassociated Document

    Exhibit
10.82 

      
        

      

    

     

    Guarantee
Agreement

     

    (This
“Agreement”)

     

    An Tong
Nong Xin Bao Zi 2010 No. 040401

     

    Creditor: Tongye Branch,
Anyang Credit Association of Anyang Rural Credit Cooperation
Association

     

    Guarantors:

     

    Henan
Shuncheng Group Coal Coke Co. Ltd.

     

    Li Cheng
Jie, Chung Shin Ying, Wu Xin Wai

     

    Li Wan
Jun, Wang Chuen Jun

     

    In order
to secure the earnest performance of the Cooperative Union Loan Agreement (No.
An Tong Nong Xin Jie Zi [2010] No. 040401) signed between the Creditors and the
Debtor (Henan Xinlei Coal Group
Chengchen Coke Co., Ltd.) (hereinafter as
“Primary Agreement”) and
to secure the Creditors’ realization of the creditor’s rights, the Guarantors
voluntarily agree to provide guarantees with nature of joint and several
liabilities to secure the Debtor’s debt repayment to the Creditors under the
Primary Agreement.  Based on relevant PRC laws and regulations and the
consensus reached by the Parties after mutual negotiations, the Parties hereby
reach this Agreement as follows:

     

    
      	
              1.

            	
              The
      Secured Principal Creditor’s Right

            

    

     

    The
secured principal creditors’ right is the RMB loan under the Primary Agreement
disbursed by the Creditors to the Debtor, the principal of which, is RMB TWENTY
MILLION ONLY (RMB 20,000,000); from April 4, 2010 to April 4, 2011; the monthly
loan interest is 8.85‰.

     

    
      	
              2.

            	
              Scope
      Covered by the Guarantee

            

    

     

    The scope
of the guarantee covers all the principal debt under the Primary Agreement,
including but not limited to, the principal, the interest, penalty interest,
liquidated damages, damage awards, enforcement cost, appraisal cost, litigation
and arbitration costs and any other expenses for the realization of the
creditors’ rights.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
  

    
      	
              3.

            	
              Modification
      of the Secured Primary Agreement

            

    

     

    Where the
Creditors and the Debtor reach any agreement to modify the deadline of the debt
repayment under the Primary Agreement, the Guarantors agree to continue to
undertake the joint and several guarantee liabilities.

     

    
      	
              4.

            	
              Guarantee
      Period

            

    

     

    
      	
            	
              4.1

            	
              The
      guarantee period under this Agreement is 5 years after the deadline of the
      debt repayment as agreed in the Primary Agreement
  passes.

            

    

     

    
      	
            	
              4.2

            	
              Where
      the Creditors terminate the Primary Agreement according to the provisions
      of the Primary Agreement or the stipulations of relevant laws, or declare
      to accelerate the maturity of debt under other situations as agreed in the
      Primary Agreement, the Guarantors agree to undertake the joint and several
      guarantee liabilities according to the Creditors’
      requirement.  The guarantee period is 5 years since the date
      when the Creditors notify the Debtor to repay the
  debt.

            

    

     

    
      	
            	
              4.3

            	
              Where
      the Creditors and the Debtor reach any extension agreement in respect to
      the deadline of the debt repayment under the Primary Agreement, the
      guarantee period shall be 5 years after the deadline of the debt repayment
      reappointed in the extension agreement
passes.

            

    

     

    
      	
              5.

            	
              The
      Creditors’ Rights and Obligations

            

    

     

    
      	
            	
              5.1

            	
              After
      the deadline of the principal debt repayment expires, where all or part of
      the creditors’ rights of the Creditors are not fulfilled, the Creditors
      have the right to require the Guarantors to undertake the guarantee
      liabilities according to this
Agreement.

            

    

     

    
      	
            	
              5.2

            	
              Where
      the Debtor and the Guarantors fail to perform any obligations under the
      Primary Agreement or under this Agreement, the Creditors have the right to
      accelerate the maturity of all the debt secured by this Agreement, and the
      Guarantors shall undertake the joint and several guarantee liabilities
      according to this Agreement.

            

    

     

    
      	
            	
              5.3

            	
              Where
      the Guarantors fail to undertake the guarantee liabilities according to
      this Agreement, the Creditors has the right to forcibly and directly
      transfer or deduct the fund in any bank accounts of the
      Guarantors.

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
 

    
      	
              6.

            	
              The
      Guarantors’ Rights and Obligations

            

    

     

    
      	
            	
              6.1

            	
              The
      Guarantors shall provide relevant documents and materials to prove their
      legal identities.

            

    

     

    
      	
            	
              6.2

            	
              The
      Guarantors shall provide the Creditors the true, complete and effective
      financial statements and other relevant
  documents.

            

    

     

    
      	
            	
              6.3

            	
              Where
      the Debtor fails to perform its obligations as agreed in the Primary
      Agreement, the Guarantors voluntarily agree to undertake their joint and
      several guarantee liabilities.

            

    

     

    
      	
            	
              6.4

            	
              The
      Guarantors shall notify the Creditors in writing promptly under any of the
      following situations:

            

    

     

    
      	
            	
              6.4.1

            	
              The
      Guarantors’ affiliation, top management personnel, articles of association
      or organization structure changes or
adjusts.

            

    

     

    
      	
            	
              6.4.2

            	
              The
      Guarantors suspend the production, close down the business, or the
      registrations of the Guarantors are cancelled or the business licenses of
      the Guarantors are revoked.

            

    

     

    
      	
            	
              6.4.3

            	
              The
      Guarantors’ financial status deteriorates, or the Guarantors have great
      difficulties in the production and business, or have involved in
      significant litigation or arbitration
  proceedings.

            

    

     

    
      	
            	
              6.4.4

            	
              The
      Guarantors modify their names, residential addresses, legal
      representatives, contact methods,
etc.

            

    

     

    
      	
            	
              6.4.5

            	
              The
      Guarantors change their equity structure or business system, including but
      not limited to, contractual operation, leasing, shareholding system
      reform, joint operation, split-up, merger, asset transfer, or filling for
      suspending business for rectification, dissolution or
      bankruptcy.

            

    

     

    
      	
            	
              6.5

            	
              During
      the guarantee period, the Guarantors shall not provide security to any
      third party that goes beyond their guarantee capabilities, shall not
      dispose any of its assets that will jeopardize their
      guarantee capabilities and shall not impair the Creditors’ rights and
      interests.

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
 

    
      	
            	
              6.6

            	
              Where
      the Creditors accelerate the maturity of the debt according to laws or the
      Agreement, the Guarantors agree to undertake the join and several
      guarantee liabilities after receiving the early debt repayment
      notice.

            

    

     

    
      	
            	
              6.7

            	
              The
      Guarantors have been well aware of the purpose of the loan obtained by the
      Debtor.

            

    

     

    
      	
              7.

            	
              Liability
      for Breach of Agreement

            

    

     

    
      	
            	
              7.1

            	
              After
      this Agreement comes into effect, the Parties hereto shall strictly
      perform their obligations under this Agreement; where any Party fails to
      perform the obligations, the default Party shall be liable for breach of
      Agreement and compensate all the damages suffered by the counter Party
      arising therefrom.

            

    

     

    
      	
            	
              7.2

            	
              Where
      this Agreement is held invalidated due the Guarantors’ fault, the
      Guarantors agree to compensate the damages of the Creditors subject to the
      scope of the guarantee.

            

    

     

    
      	
            	
              7.3

            	
              Where
      the Guarantors make any false representation or statement in respect to
      Article 6.1, 6.2 and 6.4, the Guarantors shall compensate all the damages
      suffered by the counter Party arising
therefrom.

            

    

     

    
      	
              8.

            	
              Effectiveness

            

    

     

    This
Agreement shall come into effect after it being signed and stamped by all the
Parties.

     

    
      	
              9.

            	
              Dispute
      Settlement

            

    

     

    Any
dispute arises when the contract is still enforced should be settled by
negotiation between parties. If not succeeded, the parties should select the
following ____ choice to settle:

     

    
      	
               
      

            	
              1.

            	
              Arbitration
      – Submit to ________ Financial Arbitration Association for arbitration
      under arbitral rules. Arbitral results are final and are binding to both
      parties.

            

    

     

    
      	
               
      

            	
              2.

            	
              Litigation
      - The local people’s court of the debtor’s residential district shall have
      jurisdiction.

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      
 

    
      	
              10.

            	
              Other
      Issues

            

    

     

    ____________________________________________________________

     

    
      	
              11.

            	
              Attachment

            

    

     

    1. The
attached document hereof are an integral part to this Agreement with same legal
effects.

     

    2. The
attached documents includes:

     

    
      	
              a.

            	
              []

            

    

     

    
      	
              b.

            	
              []

            

    

     

    
      	
              12.

            	
              Supplementary
      Provisions

            

    

     

    
      	
            	
              12.1

            	
              This
      Agreement is a supplemental Agreement subordinated to the Primary
      Agreement, however, it’s independent from the Primary Agreement as well;
      this Agreement shall not become invalid where the Primary Agreement is
      invalidated.  No matter whether the Primary Agreement is deemed
      completely or partially invalidated, it shall not affect the effectiveness
      of this Agreement and the liabilities of the Guarantors under this
      Agreement.

            

    

     

    
      	
            	
              12.2

            	
              This
      Agreement has [] original copies and each Party shall hold one original
      which shall have the same legal
effect.

            

    

     

    
      	
              13.

            	
              Special
      Reminder

            

    

     

    The
Guarantors have already carefully studied and correctly understood this
Agreement and the Primary Agreement, the Creditors have provided relevant
explanations as required by the Guarantors, and all the Parties hereto do not
have any objection to this Agreement and the Primary Agreement.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      

    

     

    Creditor (Initiating
Union):

     

    Tongye
Branch, Anyang Credit Association of Anyang Rural Credit Cooperation
Association

     

    Legal
(Authorized) Representative: /s/ Wang Weng Feng

     

    Guarantor:
Henan Shuncheng Group Coal Coke Co., Ltd

     

    Legal
(Authorized) Representative: /s/ Wang Xinshun

     

    Guarantors:
/s/ Chung Shin Ying

     

    
      Guarantors:
/s/ Wu Xin Wai

       

    

    
      Guarantors:
/s/ Li Wan Jun

      
         

        Guarantors:
/s/ Wang Chuen Jun

         

        
          Guarantors:
/s/ Li Cheng Jie

        

      

    

     

    Legal
(Authorized) Representative:

     

    Execution
Date: April 4, 2010

     

    Execution
Place: [illegible]Unassociated Document

    Exhibit
10.83

    

    Guarantee
Agreement

     

    (This
“Agreement”)

     

    An Tong
Nong Xin Bao Zi [2010.4.23] No. 001

     

    Creditor: Tongye Branch,
Anyang Credit Association of Anyang Rural Credit Cooperation
Association

     

    Guarantor:

     

    Henan
Shuncheng Group Coal Coke Co. Ltd.

     

    In order
to secure the earnest performance of the Cooperative Union Loan Agreement (No.
An Tong Nong Xin Jie Zi [2010.4.23] No. 001) signed between the Creditors and
the Debtor (Henan Yulong Coke Co., Ltd.) (hereinafter as “Primary Agreement”) and to
secure the Creditors’ realization of the creditor’s rights, the Guarantors
voluntarily agree to provide guarantees with nature of joint and several
liabilities to secure the Debtor’s debt repayment to the Creditors under the
Primary Agreement.  Based on relevant PRC laws and regulations and the
consensus reached by the Parties after mutual negotiations, the Parties hereby
reach this Agreement as follows:

     

    
      	
              1.

            	
              The
      Secured Principal Creditor’s Right

            

    

     

    The
secured principal creditors’ right is the RMB loan under the Primary Agreement
disbursed by the Creditors to the Debtor, the principal of which, is RMB TWENTY
MILLION ONLY (RMB 20,000,000); from April 23. 2010 to April 23, 2011; the
monthly loan interest is 8.85‰.

     

    
      	
              2.

            	
              Scope
      Covered by the Guarantee

            

    

     

    The scope
of the guarantee covers all the principal debt under the Primary Agreement,
including but not limited to, the principal, the interest, penalty interest,
liquidated damages, damage awards, enforcement cost, appraisal cost, litigation
and arbitration costs and any other expenses for the realization of the
creditors’ rights.

     

    
      	
              3.

            	
              Modification
      of the Secured Primary Agreement

            

    

     

    Where the
Creditors and the Debtor reach any agreement to modify the deadline of the debt
repayment under the Primary Agreement, the Guarantors agree to continue to
undertake the joint and several guarantee liabilities.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
              4.

            	
              Guarantee
      Period

            

    

     

    
      	
            	
              4.1

            	
              The
      guarantee period under this Agreement is 5 years after the deadline of the
      debt repayment as agreed in the Primary Agreement
  passes.

            

    

     

    
      	
            	
              4.2

            	
              Where
      the Creditors terminate the Primary Agreement according to the provisions
      of the Primary Agreement or the stipulations of relevant laws, or declare
      to accelerate the maturity of debt under other situations as agreed in the
      Primary Agreement, the Guarantors agree to undertake the joint and several
      guarantee liabilities according to the Creditors’
      requirement.  The guarantee period is 5 years since the date
      when the Creditors notify the Debtor to repay the
  debt.

            

    

     

    
      	
            	
              4.3

            	
              Where
      the Creditors and the Debtor reach any extension agreement in respect to
      the deadline of the debt repayment under the Primary Agreement, the
      guarantee period shall be 5 years after the deadline of the debt repayment
      reappointed in the extension agreement
passes.

            

    

     

    
      	
              5.

            	
              The
      Creditors’ Rights and Obligations

            

    

     

    
      	
            	
              5.1

            	
              After
      the deadline of the principal debt repayment expires, where all or part of
      the creditors’ rights of the Creditors are not fulfilled, the Creditors
      have the right to require the Guarantors to undertake the guarantee
      liabilities according to this
Agreement.

            

    

     

    
      	
            	
              5.2

            	
              Where
      the Debtor and the Guarantors fail to perform any obligations under the
      Primary Agreement or under this Agreement, the Creditors have the right to
      accelerate the maturity of all the debt secured by this Agreement, and the
      Guarantors shall undertake the joint and several guarantee liabilities
      according to this Agreement.

            

    

     

    
      	
            	
              5.3

            	
              Where
      the Guarantors fail to undertake the guarantee liabilities according to
      this Agreement, the Creditors has the right to forcibly and directly
      transfer or deduct the fund in any bank accounts of the
      Guarantors.

            

    

     

    
      	
              6.

            	
              The
      Guarantors’ Rights and Obligations

            

    

     

    
      	
            	
              6.1

            	
              The
      Guarantors shall provide relevant documents and materials to prove their
      legal identities.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	
              6.2

            	
              The
      Guarantors shall provide the Creditors the true, complete and effective
      financial statements and other relevant
  documents.

            

    

     

    
      	
            	
              6.3

            	
              Where
      the Debtor fails to perform its obligations as agreed in the Primary
      Agreement, the Guarantors voluntarily agree to undertake their joint and
      several guarantee liabilities.

            

    

     

    
      	
            	
              6.4

            	
              The
      Guarantors shall notify the Creditors in writing promptly under any of the
      following situations:

            

    

     

    
      	
            	
              6.4.1

            	
              The
      Guarantors’ affiliation, top management personnel, articles of association
      or organization structure changes or
adjusts.

            

    

     

    
      	
            	
              6.4.2

            	
              The
      Guarantors suspend the production, close down the business, or the
      registrations of the Guarantors are cancelled or the business licenses of
      the Guarantors are revoked.

            

    

     

    
      	
            	
              6.4.3

            	
              The
      Guarantors’ financial status deteriorates, or the Guarantors have great
      difficulties in the production and business, or have involved in
      significant litigation or arbitration
  proceedings.

            

    

     

    
      	
            	
              6.4.4

            	
              The
      Guarantors modify their names, residential addresses, legal
      representatives, contact methods,
etc.

            

    

     

    
      	
            	
              6.4.5

            	
              The
      Guarantors changes their equity structure or business system, including
      but not limited to, contractual operation, leasing, shareholding system
      reform, joint operation, split-up, merger, asset transfer, or filling for
      suspending business for rectification, dissolution or
      bankruptcy.

            

    

     

    
      	
            	
              6.5

            	
              During
      the guarantee period, the Guarantors shall not provide security to any
      third party that goes beyond their guarantee capabilities, shall not
      dispose any of its assets that will jeopardize their
      guarantee capabilities and shall not impair the Creditors’ rights and
      interests.

            

    

     

    
      	
            	
              6.6

            	
              Where
      the Creditors accelerate the maturity of the debt according to laws or the
      Agreement, the Guarantors agree to undertake the join and several
      guarantee liabilities after receiving the early debt repayment
      notice.

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    
      	
            	
              6.7

            	
              The
      Guarantors have been well aware of the purpose of the loan obtained by the
      Debtor.

            

    

     

    
      	
              7.

            	
              Liability
      for Breach of Agreement

            

    

     

    
      	
            	
              7.1

            	
              After
      this Agreement comes into effect, the Parties hereto shall strictly
      perform their obligations under this Agreement; where any Party fails to
      perform the obligations, the default Party shall be liable for breach of
      Agreement and compensate all the damages suffered by the counter Party
      arising therefrom.

            

    

     

    
      	
            	
              7.2

            	
              Where
      this Agreement is held invalidated due the Guarantors’ fault, the
      Guarantors agree to compensate the damages of the Creditors subject to the
      scope of the guarantee.

            

    

     

    
      	
            	
              7.3

            	
              Where
      the Guarantors make any false representation or statement in respect to
      Article 6.1, 6.2 and 6.4, the Guarantors shall compensate all the damages
      suffered by the counter Party arising
therefrom.

            

    

     

    
      	
              8.

            	
              Effectiveness

            

    

     

    This
Agreement shall come into effect after it being signed and stamped by all the
Parties.

     

    
      	
              9.

            	
              Dispute
      Settlement

            

    

     

    Any
dispute arises when the contract is still enforced should be settled by
negotiation between parties. If not succeeded, the parties should select the
following 2nd
choice to settle:

     

    
      	
               
      

            	
              1.

            	
              Arbitration
      – Submit to ________ Financial Arbitration Association for arbitration
      under arbitral rules. Arbitral results are final and are binding to both
      parties.

            

    

     

    
      	
               
      

            	
              2.

            	
              Litigation
      – The local people’s court of the debtor’s residential district shall have
      jurisdiction.

            

    

     

    
      	
              10.

            	
              Other
      Issues

            

    

     

    _______________________________________________________________________________

     

    
      	
              11.

            	
              Attachment

            

    

     

    1. The
attached document hereof are an integral part to this Agreement with same legal
effects.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    2. The
attached documents includes:

     

    
      	
              a.

            	
              []

            

    

     

    
      	
              b.

            	
              []

            

    

     

    
      	
              12.

            	
              Supplementary
      Provisions

            

    

     

    
      	
            	
              12.1

            	
              This
      Agreement is a supplemental Agreement subordinated to the Primary
      Agreement, however, it’s independent from the Primary Agreement as well;
      this Agreement shall not become invalid where the Primary Agreement is
      invalidated.  No matter whether the Primary Agreement is deemed
      completely or partially invalidated, it shall not affect the effectiveness
      of this Agreement and the liabilities of the Guarantors under this
      Agreement.

            

    

     

    
      	
            	
              12.2

            	
              This
      Agreement has [] original copies and each Party shall hold one original
      which shall have the same legal
effect.

            

    

     

    
      	
              13.

            	
              Special
      Reminder

            

    

     

    The
Guarantors have already carefully studied and correctly understood this
Agreement and the Primary Agreement, the Creditors have provided relevant
explanations as required by the Guarantors, and all the Parties hereto do not
have any objection to this Agreement and the Primary Agreement.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Creditor (Initiating
Union):

     

    Tongye
Branch, Anyang Credit Association of Anyang Rural Credit Cooperation
Association

     

    Legal
(Authorized) Representative: /s/ Wang Wan Feng

     

    Guarantor:
Henan Shuncheng Group Coal Coke Co., Ltd

     

    Legal
(Authorized) Representative: /s/ Wang Xinshun

     

    Guarantor:

     

    Legal
(Authorized) Representative:

     

    Execution
Date: April 23, 2010

     

    Execution
Place: [illegible]

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