Supplemental Agreement
Supplemental Agreement
Party A: Boxing County Chengli Gas Supply Co., Ltd.
Party B: Xi’an Zhonghong New Energy Technology Co., Ltd.
Whereas, Party B is responsible for the operation of the project upon its completion, including maintenance of CDQ main equipment and staff remuneration, etc., but Party B lacks of operation experience. Based on mutual benefits and friendly negotiation, both parties agree to make following amendments to the original agreement:
| 1. | Section 2 of Item Four of the original agreement: which is amended as, after the project is completed and put into operation, the cooperation model is “BO”, energy-saving service fee shall be charged at RMB 0.42 /Kwh (excluding tax). |
| 2. | Party A agrees that Party B can subcontract the operation of the project to third party company that Party A approves. Party B shall undertake all operational expenses and performance obligations. |
The supplemental agreement is in duplicate copies and each party has one copy with full legal force. The agreement shall take effect after it is signed and sealed.
Party A: Boxing County Chengli Gas Supply Co., Ltd.
Authorized Representative:
Date:
Party B: Xi’an Zhonghong New Energy Technology Co., Ltd.
Authorized Representative:
Date:
