This Agreement, entered into this 11th day of June, 2006, between a corporation duly organized and existing
under the laws of Peoples Republic of China and having its principal office of business at JIANGSU LINYANG
SOLARFUN CO., LTD.
LOCATED AT NO. 666 LINYANG ROAD, QIDONG CITY, JIANGSU PROVINCE, 226200 PRC
(hereinafter referred to as "SELLER") and SOCIAL CAPITAL, S.L. (hereinafter referred to as "BUYER") a
corporation duly organized and existing under the laws of Spain and having its principal office of business located
at GANDUXER, 39-41, 2 degrees 2 degrees. 08021 BARCELONA SPAIN
The SELLER owns extensive know-how with regard to the development, production, marketing and distribution
of photovoltaic cells and photovoltaic modules.
The BUYER is a recognised leading company for the distribution and installation of solar panels.
The parties intend to enter into a long term relationship with regard to the business of photovoltaic cells and
NOW THEREFORE, in consideration of the mutual covenants and promises herein contained, the parties hereto
hereby covenant and agree as follows:
ARTICLE 1. CONTRACT PRODUCTS
1.1 The SELLER undertakes to sell to the BUYER the CONTRACT PRODUCTS all of which are detailed in
Appendix 1 to this contract.
1.2 The SELLER guarantees the specifications of the CONTRACT PRODUCTS and its supplement as
documented in Appendix 1.
1.3 The BUYER undertakes to purchase the CONTRACT PRODUCTS from the SELLER with a quantity
according to Article 4.
ARTICLE 2. DELIVERY AND TRANSFER OF TITLE
2.1 The SELLER must deliver the CONTRACT PRODUCTS to the BUYER, and the Buyer should use Seller's
brand and mark.
2.2 The SELLER undertakes to deliver the CONTRACT PRODUCTS on a Delivered CIF basis
(INCOTERMS 2000) to.
2.3 The risk as to price and performance of the CONTRACT PRODUCTS and the title to the CONTRACT
PRODUCTS shall pass to the BUYER at the time when the CONTRACT PRODUCTS have been delivered in