This Option Agreement (hereinafter “Agreement”) is made on the the 26
day of November, 2008, at
Shijiazhuang, the People’s Republic of China (the “PRC”) by and among the following parties:
Hebei Chuang Lian Trade Co., Ltd. ( “ Party A ”)
Registered Address: 322 East Zhongshan Road , Shijiazhuang
Legal representative: Zhang Zhongwen
Hebei Hua An Investment Co., Ltd. (“ Party B ” ， The Grantor )
Registered Address: 322 East Zhongshan Road, Shijiazhuang
Legal representative: Guo Zhongqi
2. Party B, a limited liability company registered and existing under the laws of PRC, hold the equity interests of
【22】 Brand Automobile 4S Stores( hereinafter 4S Stores) 【 within the jurisdiction of china 】 (the amount
of capital and percentage of ownership owned by Party B in 4S Stores above-mentioned set forth in schedule
Grantor agrees to voluntarily, unconditionally, irrevocably and exclusively grant Party A the option
under the PRC laws and the terms and conditions provide in this Agreement, the Party A or any
third party designated by Party A is entitled to purchase all or part of the share at the lower of the
lowest price permitted by the PRC laws at the time of exercise of Option and the audited net asset
value of 4S Stores.
This Agreement shall be valid from the date of execution until (i) the Accomplished Date defined in
Clause 2.5 as below or (ii) the obligations hereunder have been performed, which is later. Party B
shall not terminate this Agreement early in any reason.
Party A, a wholly foreign owned enterprise organized and existing under the laws of PRC.
1. THE OPTIONS GRANTED
Grantors hereby agree to provide all the interests in connection with the exercise of Option by
Party A or any third party designated by Party A to 4S Stores in an appropriate manner.
Grantors agree that the Party A may assign or transfer all or any of the Opti