<SEC-DOCUMENT>0001062993-15-003703.txt : 20150706
<SEC-HEADER>0001062993-15-003703.hdr.sgml : 20150703
<ACCEPTANCE-DATETIME>20150706080005
ACCESSION NUMBER:		0001062993-15-003703
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20150706
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20150706
DATE AS OF CHANGE:		20150706

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHINA BAK BATTERY INC
		CENTRAL INDEX KEY:			0001117171
		STANDARD INDUSTRIAL CLASSIFICATION:	MISCELLANEOUS ELECTRICAL MACHINERY, EQUIPMENT & SUPPLIES [3690]
		IRS NUMBER:				880442833
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32898
		FILM NUMBER:		15972140

	BUSINESS ADDRESS:	
		STREET 1:		BAK INDUSTRIAL PARK, MEIGUI STREET
		STREET 2:		HUAYUANKOU ECONOMIC ZONE
		CITY:			DALIAN
		STATE:			F4
		ZIP:			116422
		BUSINESS PHONE:		(86)(411)6251-0619

	MAIL ADDRESS:	
		STREET 1:		BAK INDUSTRIAL PARK, MEIGUI STREET
		STREET 2:		HUAYUANKOU ECONOMIC ZONE
		CITY:			DALIAN
		STATE:			F4
		ZIP:			116422

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	MEDINA COFFEE INC
		DATE OF NAME CHANGE:	20000626
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8k.htm
<DESCRIPTION>FORM 8-K
<TEXT>
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   <TITLE>China BAK Battery, Inc.: Form 8-K - Filed by newsfilecorp.com</TITLE>
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<P align=center><B><FONT size=5>UNITED STATES </FONT><BR></B><B><FONT
size=5>SECURITIES AND EXCHANGE COMMISSION </FONT><BR></B><B>WASHINGTON, D.C.
20549 </B></P>
<P align=center><B><FONT size=5>FORM 8-K </FONT></B></P>
<P align=center><B>CURRENT REPORT </B></P>
<P align=center><B>PURSUANT TO SECTION 13 OR 15(d) <BR>OF THE SECURITIES
EXCHANGE ACT OF 1934 </B></P>
<P align=center><B>Date of Report (Date of Earliest Event Reported): </B>June
30, 2015 </P>
<P align=center><B><FONT size=5><U>CHINA BAK BATTERY,
INC.</U></FONT><BR></B><I>(Exact name of registrant as specified in its
charter)</I></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=center><B><U>Nevada </U></B></TD>
    <TD align=center width="33%"><B><U>001-32898 </U></B></TD>
    <TD align=center width="33%"><B><U>86-0442833 </U></B></TD></TR>
  <TR vAlign=top>
    <TD align=center><I>(State or other jurisdiction </I></TD>
    <TD align=center width="33%"><I>(Commission File No.) </I></TD>
    <TD align=center width="33%"><I>(IRS Employer </I></TD></TR>
  <TR vAlign=top>
    <TD align=center><I>of incorporation) </I></TD>
    <TD align=center width="33%">&nbsp; </TD>
    <TD align=center width="33%"><I>Identification No.)
</I></TD></TR></TABLE>
<P align=center><B>BAK Industrial Park, Meigui Street <BR>Huayuankou Economic
Zone <BR>Dalian, China, 116422 <BR>People&#146;s Republic of
China<BR></B><I>(Address, including zip code, of principal executive
offices)</I></P>
<P align=center><B>86-411-39185985 <BR></B><I>(Registrant&#146;s telephone number,
including area code)</I></P>
<P align=center><B>Not applicable<BR></B><I>(Former name or former address, if
changed since last report) </I></P>
<P align=justify>Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions (see General Instruction A.2. below): </P>
<P align=justify>[&nbsp; ]&nbsp;Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425) </P>
<P align=justify>[&nbsp; ]&nbsp;Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a -12) </P>
<P align=justify>[&nbsp; ]&nbsp;Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d -2(b)) </P>
<P align=justify>[&nbsp; ]&nbsp;Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e -4(c))</P>
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<P align=justify><B>ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS;
ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY
ARRANGEMENTS OF CERTAIN OFFICERS.</B></P>
<P align=justify>As previously disclosed in the Current Report on Form 8-K of
China BAK Battery, Inc. (the &#147;Company&#148;) filed with the Securities and Exchange
Commission on June 17, 2015, the shareholders of the Company approved the
Company&#146;s 2015 Equity Incentive Plan (the &#147;2015 Plan&#148;) at the
Company's annual shareholder meeting held on June 12, 2015. The Board of Directors
of the Company previously adopted the 2015 Plan on April 10, 2015.</P>
<P align=justify>On June 30, 2015, pursuant to the 2015 Plan, the Compensation
Committee of the Board of Directors of the Company (the &#147;Compensation
Committee&#148;) granted an aggregate of 690,000 restricted shares of the Company&#146;s
common stock, par value $0.001 (the &#147;Restricted Shares&#148;), to certain employees,
officers and directors of the Company. Specifically, the Compensation Committee
granted the Restricted Shares to the following executive officers and directors
in the following amounts and subject to the following vesting schedules: </P>
<DIV>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
borderColor=#000000 cellSpacing=0 cellPadding=3 width="100%" border=1>

  <TR vAlign=top>
    <TD vAlign=top noWrap align=center><B>Name and Position</B> </TD>
    <TD vAlign=top noWrap align=center width="15%"><B>Amount</B> </TD>
    <TD vAlign=top noWrap align=center width="50%"><B>Vesting Schedule</B>
  </TD></TR>
  <TR vAlign=top>
    <TD vAlign=top align=left>Wenwu Wang, Interim CFO </TD>
    <TD vAlign=top align=center width="15%">50,000 </TD>
    <TD vAlign=top align=left width="50%">vest quarterly in 12 equal
      installments over a three year period with the first vesting on June 30,
      2015 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=top align=left>Jian Lin, Interim CTO </TD>
    <TD vAlign=top align=center width="15%">10,000 </TD>
    <TD vAlign=top align=left width="50%">vest quarterly in 12 equal
      installments over a three year period with the first vesting on June 30,
      2015 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=top align=left>Guosheng Wang, Director </TD>
    <TD vAlign=top align=center width="15%">50,000 </TD>
    <TD vAlign=top align=left width="50%">vest quarterly in 12 equal
      installments over a three year period with the first vesting on June 30,
      2015 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=top align=left>Martha Agee, Director </TD>
    <TD vAlign=top align=center width="15%">30,000 </TD>
    <TD vAlign=top align=left width="50%">vest quarterly in four equal
      installments over a one year period with the first vesting on June 30,
      2015 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=top align=left>Chunzhi Zhang, Director </TD>
    <TD vAlign=top align=center width="15%">30,000 </TD>
    <TD vAlign=top align=left width="50%">vest quarterly in four equal
      installments over a one year period with the first vesting on June 30,
      2015 </TD></TR>
  <TR vAlign=top>
    <TD vAlign=top align=left>Jianjun He, Director </TD>
    <TD vAlign=top align=center width="15%">30,000 </TD>
    <TD vAlign=top align=left width="50%">vest quarterly in four equal
      installments over a one year period with the first vesting on June 30,
      2015 </TD></TR></TABLE></DIV>
<P align=justify>Each recipient of the Restricted Shares entered into a standard
Restricted Stock Award Agreement with the Company, a form of which is furnished
as Exhibit 99.1 to this report and incorporated here by reference. </P>
<P align=justify><B>ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. </B></P>
<P align=justify><B>(d) Exhibits</B></P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left><B><U>Exhibit </U></B></TD>
    <TD align=left width="90%"
      ><STRONG><U>Description</U></STRONG>&nbsp;&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee ><a href="exhibit99-1.htm">99.1 </a></TD>
    <TD align=left width="90%" bgColor=#eeeeee><a href="exhibit99-1.htm">Form of Restricted Stock Award
      Agreement. </a></TD></TR></TABLE>
<P align=center>2 </P>
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<P align=center><B>SIGNATURE</B> </P>
<P align=justify>Pursuant to the requirements of the Securities Exchange Act of
1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="52%" colSpan=2><B>CHINA BAK BATTERY, INC.</B> </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="5%" >&nbsp; </TD>
    <TD width="47%">&nbsp; </TD></TR>
  <TR>
    <TD>&nbsp; </TD>
    <TD width="5%" >&nbsp; </TD>
    <TD width="47%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD align=left>Date: July 6, 2015 </TD>
    <TD align=left width="5%" >By: </TD>
    <TD align=left width="47%"><U>/s/ Xiangqian
      Li&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
      </U>&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="5%" >&nbsp; </TD>
    <TD align=left width="47%">Xiangqian Li </TD></TR>
  <TR vAlign=top>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="5%" >&nbsp; </TD>
    <TD align=left width="47%">Chief Executive Officer </TD></TR></TABLE>
<P align=center>3 </P>
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<P align=center><B>EXHIBIT INDEX</B> </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD align=left ><B><U>Exhibit </U></B></TD>
    <TD align=left width="90%"
      ><STRONG><U>Description</U></STRONG>&nbsp;&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left bgColor=#eeeeee ><a href="exhibit99-1.htm">99.1 </a></TD>
    <TD align=left width="90%" bgColor=#eeeeee><a href="exhibit99-1.htm">Form of Restricted Stock Award
      Agreement. </a></TD></TR></TABLE>
<P align=center>4 </P>
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<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>exhibit99-1.htm
<DESCRIPTION>EXHIBIT 99.1
<TEXT>
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   <TITLE>China BAK Battery, Inc.: Exhibit 99.1 - Filed by newsfilecorp.com</TITLE>
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<P align=center><B>CHINA BAK BATTERY, INC.</B></P>
<P align=center><B>2015 EQUITY INCENTIVE PLAN </B></P>
<P align=center><B><U>NOTICE OF RESTRICTED SHARE AWARD</U></B> </P>
<P align=justify style="text-indent:5%">Capitalized but otherwise undefined terms in this Notice of
Restricted Share Award and the attached Restricted Share Award Agreement shall
have the same defined meanings as in the China BAK Battery, Inc. 2015 Equity
Incentive Plan (the &#147;<B>Plan</B>&#148;). </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD noWrap align=left>Grantee Name: </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" noWrap align=left
    width="38%">&nbsp;</TD>
    <TD noWrap align=left width="5%">&nbsp;</TD>
    <TD noWrap align=left width="10%">Address: </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" noWrap align=left
    width="38%">&nbsp;</TD></TR></TABLE>
<P align=justify style="text-indent:5%">You have been granted Restricted Shares subject to the terms
and conditions of the Plan and the attached Restricted Share Award Agreement, as
follows: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%"  >&nbsp;</TD>
    <TD align=left>Date of Grant: </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="33%"
    >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>Vesting Commencement Date </TD>
    <TD align=left width="33%" >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>(if different from Date of Grant): </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="33%"
    >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>Purchase Price per Share: </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="33%"
    >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>Total Number of Shares Granted: </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="33%"
    >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>Agreement Date : </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="33%"
    >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>Vesting Schedule: </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="33%"
    >&nbsp;</TD>
    <TD align=left width="33%" >&nbsp;</TD></TR></TABLE><BR>
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<P align=center><B>CHINA BAK BATTERY, INC. </B></P>
<P align=center><B>2015 EQUITY INCENTIVE PLAN </B></P>
<P align=center><B></B><B><U>RESTRICTED SHARE AWARD AGREEMENT</U></B> </P>
<P align=justify style="text-indent:5%"><B></B>This <B>RESTRICTED SHARE AWARD AGREEMENT
</B>(&#147;<B><U>Agreement</U></B>&#148;), dated as of the Agreement Date specified on the
Notice of Restricted Share Award is made by and between CHINA BAK BATTERY, INC.,
a Nevada corporation (the &#147;<B><U>Company</U></B>&#148;), and the grantee named in the
Notice of Restricted Share Award<B> </B>(the &#147;<B><U>Grantee</U></B>,&#148; which term
as used herein shall be deemed to include any successor to Grantee by will or by
the laws of descent and distribution, unless the context shall otherwise
require). Capitalized terms used but not otherwise defined in this Agreement
have the meanings ascribed to them in the China BAK Battery, Inc. 2015 Equity
Incentive Plan (the &#147;<B><U>Plan</U></B>&#148;). </P>
<P align=center><B>BACKGROUND </B></P>
<P align=justify style="text-indent:5%">Pursuant to the Plan, the Company, acting through the
Administrator, approved the issuance to Grantee, effective as of the date set
forth above, of an award of the number of Restricted Shares
(&#147;<B><U>Restricted</U></B><B> </B><B><U>Shares</U></B>&#148;) as is set forth in the
attached Notice of Restricted Share Award (which is expressly incorporated
herein and made a part hereof, the &#147;<B><U>Notice of Restricted Share
Award</U></B>&#148;), upon the terms and conditions hereinafter set forth. </P>
<P align=justify style="text-indent:5%"><B>NOW, THEREFORE</B>, in consideration of the mutual premises
and undertakings hereinafter set forth, the parties agree as follows: </P>
<P align=justify>1.&nbsp;&nbsp;&nbsp;  <B><U>Grant and Purchase of Restricted
Shares</U></B>. The Company hereby grants to Grantee, and Grantee hereby accepts
and purchases, the number of Restricted Shares set forth in the Notice of
Restricted Share Award.</P>
<P align=justify>2.&nbsp;&nbsp;&nbsp;  <B><U>Shareholder Rights</U></B><B>.</B>
</P>
<P align=justify style="text-indent:5%">(a)&nbsp;&nbsp;&nbsp;  <U>Voting Rights</U>. Until such time as
all or any part of the Restricted Shares are forfeited to the Company under this
Agreement, if ever, Grantee (or any successor in interest) has the rights of a
shareholder, including voting rights, with respect to the Restricted Shares
subject, however, to the transfer restrictions or any other restrictions set
forth in the Plan.</P>
<P align=justify style="text-indent:5%">(b)&nbsp;&nbsp;&nbsp;  <U>Dividends and Other
Distributions</U>. During the Period of Restriction, Grantee holding Restricted
Shares is entitled to all regular cash dividends or other distributions paid
with respect to all Restricted Shares while they are so held. If any such
dividends or distributions are paid in Restricted Shares, such Restricted Shares
will be subject to the same restrictions on transferability and forfeitability
as the Restricted Shares with respect to which they were paid.</P>
<P align=justify>3.&nbsp;&nbsp;&nbsp;  <B><U>Vesting of Restricted
Shares</U></B>. </P>
<P align=justify style="text-indent:5%">(a)&nbsp;&nbsp;&nbsp;  The Restricted Shares are restricted and
subject to forfeiture until vested. The Restricted Shares which have vested and
are no longer subject to forfeiture are referred to as &#147;<B>Vested Shares</B>.&#148;
All Restricted Shares which have not become Vested Shares are referred to as
&#147;<B>Nonvested Shares</B>.&#148; </P>
<P align=justify style="text-indent:5%">(b)&nbsp;&nbsp;&nbsp;  Restricted Shares will vest and become
nonforfeitable in accordance with the vesting schedule contained in the Notice
of Restricted Shares Grant. In the event of a Change in Control, the Administrator, pursuant to the Plan, may accelerate the time at
which all or any portion of Grantee&#146;s Restricted Shares will vest.</P>
<P align=center>2 </P>
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<P align=justify style="text-indent:5%">(c)&nbsp;&nbsp;&nbsp; Definitions. Terms used in Section 4 have
the following meanings: </P>
<P align=justify style="text-indent:10%">(i)&nbsp;&nbsp;&nbsp; &#147;Cause&#148; has the meaning ascribed to such
term or words of similar import in Grantee&#146;s written employment or service
contract with the Company or its Affiliate and, in the absence of such agreement
or definition, means Grantee&#146;s (i) conviction of, or plea of nolo contendere to,
a felony or any other crime involving moral turpitude; (ii) fraud on or
misappropriation of any funds or property of the Company or any of its
Affiliates, customer or vendor; (iii) personal dishonesty, incompetence, willful
misconduct, willful violation of any law, rule or regulation (other than minor
traffic violations or similar offenses), or breach of fiduciary duty which
involves personal profit; (iv) willful misconduct in connection with Grantee&#146;s
duties or willful failure to perform Grantee&#146;s responsibilities in the best
interests of the Company or any of its Affiliates; (v) illegal use or
distribution of drugs; (vi) violation of any rule, regulation, procedure or
policy of the Company or any of its Affiliates; or (vii) breach of any provision
of any employment, non-disclosure, non-competition, non-solicitation or other
similar agreement executed by Grantee for the benefit of the Company or any of
its Affiliates, all as determined by the board of directors of the Company or
its Affiliate (as the case may be), which determination will be conclusive.</P>
<P align=justify style="text-indent:10%">(ii)&nbsp;&nbsp;&nbsp; &#147;Retirement&#148; means Grantee&#146;s retirement
from Company employ as determined in accordance with the policies of the Company
or its Affiliates in good faith by the Board of Directors of the Company, which
determination will be final and binding on all parties concerned. </P>
<P align=justify style="text-indent:5%">(d)&nbsp;&nbsp;&nbsp; Nonvested Shares may not be sold,
transferred, assigned, pledged, or otherwise disposed of, directly or
indirectly, whether by operation of law or otherwise. The restrictions set forth
in this Section will terminate upon a Change of Control. </P>
<P align=justify>4.&nbsp;&nbsp;&nbsp; <B><U>Forfeiture of Nonvested
Shares</U></B>. Except as otherwise provided herein, if Grantee's service with
the Company ceases for any reason other than Grantee&#146;s (a) death, (b)
Disability, (c) Retirement, or (d) termination by the Company without Cause, any
Nonvested Shares will be forfeited to the Company, subject to the re-payment by
the Company at the lesser of (1) the original purchase price paid by the Grantee
pursuant to the Award Agreement or (2) the Shares&#146; Fair Market Value on the date
of repurchase. However, the Administrator may cause any Nonvested Shares
immediately to vest and become nonforfeitable in its sole discretion.</P>
<P align=justify style="text-indent:5%">(a)&nbsp;&nbsp;&nbsp; <U>Legend</U>. Each certificate
evidencing Restricted Shares granted pursuant to the Notice of Restricted Share
Award may bear a legend substantially as follows: </P>
<DIV align=center>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
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  <TR vAlign=top>
    <TD align=left>
      <P align=justify>&#147;THE SALE OR OTHER TRANSFER OF THE SHARES EVIDENCED BY
      THIS CERTIFICATE, WHETHER VOLUNTARY, INVOLUNTARY OR BY OPERATION OF LAW,
      IS SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER AS SET FORTH IN THE CHINA
      BAK BATTERY, INC. 2015 EQUITY INCENTIVE PLAN AND IN A RESTRICTED SHARE
      AWARD AGREEMENT. A COPY OF SUCH PLAN AND SUCH AGREEMENT MAY BE OBTAINED
      FROM CHINA BAK BATTERY, INC.&#148; </P></TD></TR></TABLE></DIV>
<P align=justify style="text-indent:5%">(b)&nbsp;&nbsp;&nbsp; <U>Escrow of Nonvested Shares</U>. The
Company has the right to retain the certificates evidencing Nonvested Shares in
the Company&#146;s possession until such time as all restrictions applicable to such
Shares have been satisfied. </P>
<P align=center>3 </P>
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<P align=justify style="text-indent:5%">(c)&nbsp;&nbsp;&nbsp; <U>Removal of Restrictions</U>. The
Grantee is entitled to have the legend removed from certificates evidencing
Vested Shares. </P>
<P align=justify>5.&nbsp;&nbsp;&nbsp; <B><U>Recapitalizations, Exchanges,
Mergers, Etc. </U></B>The provisions of this Agreement apply to the full extent
set forth herein with respect to any and all shares of the Company or successor
of the Company which may be issued in respect of, in exchange for, or in
substitution for the Restricted Shares by reason of any share dividend, split,
reverse split, combination, recapitalization, reclassification, merger,
consolidation or otherwise which does not terminate this Agreement. Except as
otherwise provided herein, this Agreement is not intended to confer upon any
other person except the parties hereto any rights or remedies hereunder. </P>
<P align=justify>6.&nbsp;&nbsp;&nbsp; <B><U>Grantee Representations</U></B>.
</P>
<P align=justify style="text-indent:5%">Grantee represents to the Company the following: </P>
<P align=justify style="text-indent:5%">(a)&nbsp;&nbsp;&nbsp; <U>Acknowledgement of Terms</U>. Grantee
acknowledges that Grantee has received, read and understood the Plan and the
Agreement and agrees to abide by and be bound by their terms and conditions.
</P>
<P align=justify style="text-indent:5%">(b)&nbsp;&nbsp;&nbsp; <U>Restrictions on Transfer</U>. If, at
the time of grant of the Restricted Shares, there does not exist a registration
statement under the US Securities Act of 1933, as amended (the
&#147;<B><U>Act</U></B>&#148;), which registration statement shall have become effective
and is current with respect to the Restricted Shares, Grantee acknowledges that
the Restricted Shares to be issued to Grantee must be held indefinitely unless
subsequently registered and qualified under the Act, or unless an exemption from
registration and qualification is otherwise available. Grantee hereby covenants
and agrees with the Company that (i) Grantee is purchasing the Restricted Shares
for Grantee&#146;s own account and not with a view to the resale or distribution
thereof, (ii) at no time was Grantee presented with or solicited by any publicly
issued or circulated newspaper, mail, radio, television or other form of general
advertising or solicitation in connection with the offer, sale and issue of the
Restricted Shares, (iii) at the time Grantee was offered the Restricted Shares,
it was, and as of the date hereof it is, an Accredited Investor, as such term is
defined in Rule 501(a) of Regulation D promulgated under the Act, and has
initialed the category of Accredited Investor applicable to Grantee on the
Grantee Questionnaire presented to Grantee; provided, that if a Purchaser is not
a U.S. domestic Person, such Purchaser shall initial the category for foreign
persons on the Grantee Questionnaire. Grantee is not required to be registered
as a broker-dealer under Section 15 of the Securities Exchange Act of 1934, as
amended (the &#147;<B><U>Exchange Act</U></B>&#148;), and is not affiliated with any
broker-dealer registered under Section 15 of the Exchange Act; (iv) any
subsequent offer for sale or sale of any such Restricted Shares shall be made
either pursuant to either (x) a registration statement under that Act, which
registration statement shall have become effective and shall be current with
respect to the Restricted Shares being offered and sold, or (y) an exemption
from the registration statement requirements of that Act, including the
provisions of Regulation S promulgated under the Act (&#147;<B><U>Regulation
S</U></B>&#148;), provided that Grantee is not a U.S. person (as defined in
Regulation S) and is not acquiring the Restricted Shares for the account or
benefit of a U.S. person, will resell the Restricted Shares only in accordance
with the provisions of Regulation S and will not engage in any hedging
transactions with regard to the Restricted Shares unless in compliance with the
Act, but in claiming the exemption in (y), Grantee shall, prior to any offer for
sale or sale of such Restricted Shares, obtain a favorable written opinion from
counsel for or reasonably approved by the Company as to the applicability of
such exemption, and (iii) the certificate evidencing such Restricted Shares
shall bear an additional legend to the effect of the foregoing substantially as
follows: </P>
<DIV align=center>
<TABLE
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  <TR vAlign=top>
    <TD align=left>
      <P align=justify>&#147;THESE SECURITIES HAVE NOT BEEN REGISTERED UNDER THE
      SECURITIES ACT OF 1933 (THE &#147;SECURITIES ACT&#148;) OR UNDER APPLICABLE STATE
      SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF
      OTHER THAN IN COMPLIANCE WITH AN AVAILABLE EXEMPTION FROM THE REGISTRATION
      STATEMENT REQUIREMENTS OF THE SECURITIES ACT, INCLUDING THE PROVISIONS OF
      REGULATION S PROMULGATED UNDER THE SECURITIES ACT, UNLESS REGISTERED UNDER
      THE SECURITIES ACT AND ANY APPLICABLE STATE SECURITIES LAWS, PROVIDED THAT
      THE SELLER DELIVERS TO THE COMPANY AN OPINION OF COUNSEL (WHICH OPINION IS
      REASONABLY SATISFACTORY TO THE COMPANY) CONFIRMING THE AVAILABILITY OF
      SUCH EXEMPTION. THESE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA
      FIDE MARGIN ACCOUNT SECURED BY SUCH SECURITIES TO THE EXTENT PERMITTED BY
      APPLICABLE FEDERAL AND STATE SECURITIES LAWS.&#148;
</P></TD></TR></TABLE></DIV>
<P align=center>4 </P>
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<P align=justify style="text-indent:10%">Grantee understands that the Restricted Shares are being
offered and sold to it in reliance upon specific exemptions from the
registration requirements of United States federal and state securities laws and
that the Company is relying upon the truth and accuracy of, and the Grantee&#146;s
compliance with, the representations, warranties, agreements, acknowledgments
and understandings of the Grantee set forth herein in order to determine the
availability of such exemptions and the eligibility of the Grantee to acquire
the Restricted Shares. All of the information which the Grantee has provided to
the Company is true, correct and complete as of the date this Agreement is
signed.</P>
<P align=justify style="text-indent:10%">Grantee further acknowledges that the Restricted Shares may be
subject to such restrictions, conditions or limitations as the Company
determines appropriate as to the timing and manner of any resales by Grantee or
other subsequent transfers by Grantee of any Restricted Shares, including
without limitation (a) restrictions under an insider trading policy, (b)
restrictions designed to delay and/or coordinate the timing and manner of sales
by Grantee, and (c) restrictions as to the use of a specified brokerage firm for
such resales or other transfers. </P>
<P align=justify style="text-indent:5%">(c)&nbsp;&nbsp;&nbsp; <U>Relationship to the Company;
Experience</U>. Grantee hereby acknowledges that Grantee is aware of the
Company&#146;s business affairs and financial condition and has acquired sufficient
information about the Company to reach an informed and knowledgeable decision to
acquire the Restricted Shares. Grantee hereby acknowledges and understands that
the grant, vest, or receipt of the Restricted Shares may be subject to and
limited by the Act, the Exchange Act (collectively, the &#147;<B><U>Securities
Acts</U></B>&#148;), and other rules and regulations. Should the Company fail to
register any grant, vest, or fail to issue the Restricted Shares to Grantee due
to any restriction or limitation under the Securities Acts or such other rules
and regulations, Grantee shall hold the Company, its Affiliates, or any of its
or their officers and directors free from any liability for any of the foregoing
failure. </P>
<P align=justify style="text-indent:5%">(d)&nbsp;&nbsp;&nbsp; <U>Grantee&#146;s Liquidity</U>. In reaching
the decision to invest in the Restricted Shares, Grantee has carefully evaluated
Grantee&#146;s financial resources and investment position and the risks associated
with this investment, and Grantee acknowledges that Grantee is able to bear the
economic risks of the investment. Grantee (i) has adequate means of providing
for Grantee&#146;s current needs and possible personal contingencies, (ii) has no
need for liquidity in Grantee&#146;s investment, (iii) is able to bear the
substantial economic risks of an investment in the Restricted Shares for an
indefinite period and (iv) at the present time, can afford a complete loss of
such investment. Grantee&#146;s commitment to investments which are not readily
marketable is not disproportionate to Grantee&#146;s net worth and Grantee&#146;s
investment in the Restricted Shares will not cause Grantee&#146;s overall commitment
to become excessive. </P>
<P align=justify style="text-indent:5%">(e)&nbsp;&nbsp;&nbsp; <U>Access to Data</U>. Grantee
acknowledges that during the course of this transaction and before deciding to
acquire the Restricted Shares, Grantee has been provided with financial and
other written information about the Company. Grantee has been given the
opportunity by the Company to obtain any information and ask questions concerning the
Company, the Restricted Shares, and Grantee&#146;s investment that Grantee felt
necessary; and to the extent Grantee availed himself of that opportunity,
Grantee has received satisfactory information and answers concerning the
business and financial condition of the Company in response to all inquiries in
respect thereof. </P>
<P align=center>5 </P>
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<P align=justify style="text-indent:5%">(f)&nbsp;&nbsp;&nbsp;  <U>Risks</U>. Grantee acknowledges and
understands that (i) an investment in the Company constitutes a high risk, (ii)
the Restricted Shares are highly speculative, and (iii) there can be no
assurance as to what investment return, if any, there may be. Grantee is aware
that the Company may issue additional securities in the future which could
result in the dilution of Grantee&#146;s ownership interest in the Company. </P>
<P align=justify style="text-indent:5%">(g)&nbsp;&nbsp;&nbsp;  <U>Valid Agreement</U>. This Agreement
when executed and delivered by Grantee will constitute a valid and legally
binding obligation of Grantee which is enforceable in accordance with its terms.
</P>
<P align=justify style="text-indent:5%">(h)&nbsp;&nbsp;&nbsp;  <U>Residence</U>. The address set forth
on the Notice of Restricted Share Award is Grantee&#146;s current address and
accurately sets forth Grantee&#146;s place of residence. </P>
<P align=justify style="text-indent:5%">(i)&nbsp;&nbsp;&nbsp;  <U>Tax Consequences</U>. Grantee has
reviewed with Grantee&#146;s own tax advisors the federal, state, local and foreign
tax consequences of this investment and the transactions contemplated by this
Agreement. Grantee is relying solely on such advisors and not on any statements
or representations of the Company or any of its agents. Grantee understands that
Grantee (and not the Company) is responsible for Grantee&#146;s own tax liability
that may arise as a result of the transactions contemplated by this Agreement.
Grantee understands that Section 83 of the U.S. Internal Revenue Code of 1986,
as amended (the &#147;<B><U>Code</U></B>&#148;), taxes as ordinary income the difference
between the purchase price for the Restricted Shares and the fair market value
of the Restricted Shares as of the date any restrictions on the Restricted
Shares lapse for U.S. Federal income tax purposes. Grantee understands that
Grantee may elect to be taxed at the time the Restricted Shares are granted
rather than when and as the restrictions lapse by filing an election under
Section 83(b) of the Code with the U.S. Internal Revenue Service within 30 days
from the date of grant. The form for making this election is attached as
<U>Exhibit A</U> hereto. </P>
<P align=justify>GRANTEE ACKNOWLEDGES THAT IT IS GRANTEE&#146;S SOLE RESPONSIBILITY
AND NOT THE COMPANY&#146;S TO FILE TIMELY ANY ELECTION UNDER SECTION 83(b), EVEN IF
GRANTEE REQUESTS THE COMPANY OR ITS REPRESENTATIVES TO MAKE THIS FILING ON
GRANTEE&#146;S BEHALF. </P>
<P align=justify style="text-indent:5%">(j)&nbsp;&nbsp;&nbsp;  If Grantee is subject to the laws of the
People&#146;s Republic of China (the &#147;<B><U>PRC</U></B>&#148;), Grantee hereby
acknowledges that Grantee is aware of the relevant requirements under the laws
of the PRC regarding overseas investment, including the requirements for
approval and registration of overseas securities with competent authorities.
Grantee is acquiring the Restricted Shares after obtaining requisite approval or
registration from competent authorities of the PRC. Failure to obtain requisite
approval or registration shall relieve the Company, and any Affiliate, of any
liability in respect of the failure to issue the Restricted Shares. If the
failure is revealed or occurs after the issuance of the Restricted Shares, the
Company shall be entitled, at its sole discretion, to redeem or request Grantee
to transfer the Restricted Shares to a transferee who is legally entitled to
hold the Restricted Shares at a redemption price (if any) to be determined by
the Administrator in its sole discretion. The Company and its Affiliates shall
be relieved from any liability for any redemption or request for transfer made
pursuant to the foregoing. </P>
<P align=justify>7.&nbsp;&nbsp;&nbsp;  <B><U>No Employment Contract
Created</U></B>. The issuance of the Restricted Shares is not to be construed as
granting to Grantee any right with respect to continuance of employment or any
service with the Company or any of its Affiliates. The right of the Company or
any of its Affiliates to terminate at will Grantee's employment or terminate Grantee&#146;s service at any time
(whether by dismissal, discharge or otherwise), with or without cause, is
specifically reserved, subject to any other written employment or other
agreement to which the Company and Grantee may be a party. </P>
<P align=center>6 </P>
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<P align=justify>8.&nbsp;&nbsp; &nbsp; <B><U>Tax Withholding</U></B>. The
Company has the power and the right to deduct or withhold, or require Grantee to
remit to the Company, an amount sufficient to satisfy national, federal, state,
provincial and local taxes (including income and employment taxes) required by
Applicable Laws to be withheld with respect to the grant and vesting of the
Restricted Shares. </P>
<P align=justify>9.&nbsp;&nbsp;&nbsp; &nbsp;<B><U>Interpretation</U></B>. The
Restricted Shares are being issued pursuant to the terms of the Plan, and are to
be interpreted in accordance therewith. The Administrator will interpret and
construe this Agreement and the Plan, and any action, decision, interpretation
or determination made in good faith by the Administrator will be final and
binding on the Company and Grantee. </P>
<P align=justify>10.&nbsp;&nbsp;&nbsp; <B><U>Notices</U></B><B>. </B>All notices
or other communications which are required or permitted hereunder will be in
writing and sufficient if (i) personally delivered or sent by telecopy, (ii)
sent by nationally-recognized overnight courier or (iii) sent by registered or
certified mail, postage prepaid, return receipt requested, addressed as follows:
</P>
<P align=justify style="text-indent:5%">(a)&nbsp;&nbsp;&nbsp; if to Grantee, to the address (or
telecopy number) set forth on the Notice of Restricted Share Award; and </P>
<P align=justify style="text-indent:5%">(b)&nbsp;&nbsp;&nbsp; if to the Company, to its principal
executive office as specified in any report filed by the Company with the
Securities and Exchange Commission or to such address as the Company may have
specified to Grantee in writing, Attention: Corporate Secretary; </P>
<P align=justify>or to such other address as the party to whom notice is to be
given may have furnished to the other party in writing in accordance herewith.
Any such communication will be deemed to have been given (i) when delivered, if
personally delivered, or when telecopied, if telecopied with confirmation of
transmission by the transmission equipment, (ii) on the first Business Day (as
hereinafter defined) after dispatch, if sent by nationally-recognized overnight
courier and (iii) on the fifth Business Day following the date on which the
piece of mail containing such communication is posted, if sent by mail. As used
herein, &#147;<B><U>Business</U></B><B> </B><B><U>Day</U></B>&#148; means a day that is
not a Saturday, Sunday or a day on which banking institutions in the city to
which the notice or communication is to be sent are not required to be open.
</P>
<P align=justify>11.&nbsp;&nbsp;&nbsp; <B><U>Specific Performance</U></B>.
Grantee expressly agrees that the Company will be irreparably damaged if the
provisions of this Agreement and the Plan are not specifically enforced. Upon a
breach or threatened breach of the terms, covenants and/or conditions of this
Agreement or the Plan by Grantee, the Company will, in addition to all other
remedies, be entitled to a temporary or permanent injunction, without showing
any actual damage, and/or decree for specific performance, in accordance with
the provisions hereof and thereof. The Administrator has the power to determine
what constitutes a breach or threatened breach of this Agreement or the Plan.
Any such determinations will be final and conclusive and binding upon Grantee.
</P>
<P align=justify>12.&nbsp;&nbsp;&nbsp; <B><U>No Waiver</U></B><B>. </B>No waiver
of any breach or condition of this Agreement will be deemed to be a waiver of
any other or subsequent breach or condition, whether of like or different
nature. </P>
<P align=justify>13.&nbsp;&nbsp;&nbsp; <B><U>Grantee Undertaking</U></B><B>.
</B>Grantee hereby agrees to take whatever additional actions and execute
whatever additional documents the Company may in its reasonable judgment deem
necessary or advisable in order to carry out or effect one or more of the
obligations or restrictions imposed on Grantee pursuant to the express
provisions of this Agreement. </P>
<P align=center>7 </P>
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<P align=justify>14.&nbsp;&nbsp;&nbsp; <B><U>Modification of
Rights</U></B><B>.</B> The rights of Grantee are subject to modification and
termination in certain events as provided in this Agreement and the Plan. </P>
<P align=justify>15.&nbsp;&nbsp;&nbsp; <B><U>Governing Law</U></B><B>. </B>This
Agreement is governed by, and construed in accordance with, the laws of the
State of Nevada, without regard to the principles of conflicts of law
thereof.</P>
<P align=justify>16.&nbsp;&nbsp;&nbsp; <B><U>Counterparts; Facsimile
Execution</U></B><B>.</B> This Agreement may be executed in one or more
counterparts, each of which will be deemed to be an original, but all of which
together will constitute one and the same instrument. Facsimile execution and
delivery of this Agreement or electronic transmission of signatures in portable
document format (pdf) is legal, valid and binding execution and delivery for all
purposes. </P>
<P align=justify>17.&nbsp;&nbsp;&nbsp; <B><U>Entire Agreement</U></B><B>.
</B>This Agreement (including the Notice of Restricted Share Award) and the
Plan, constitute the entire agreement between the parties with respect to the
subject matter hereof, and supersede all previously written or oral
negotiations, commitments, representations and agreements with respect thereto.
</P>
<P align=justify>18.&nbsp;&nbsp;&nbsp; <B><U>Severability</U></B><B>.</B> In the
event one or more of the provisions of this Agreement should, for any reason, be
held to be invalid, illegal or unenforceable in any respect, such invalidity,
illegality or unenforceability will not affect any other provisions of this
Agreement, and this Agreement will be construed as if such invalid, illegal or
unenforceable provision had never been contained herein. </P>
<P align=justify>19.&nbsp;&nbsp;&nbsp; <B><U>WAIVER OF JURY
TRIAL</U></B><B>.</B> GRANTEE HEREBY EXPRESSLY, IRREVOCABLY AND UNCONDITIONALLY
WAIVES TRIAL BY JURY IN ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS
AGREEMENT AND FOR ANY COUNTERCLAIM THEREIN. </P>
<P align=center>[<I>Signature Page Follows</I>] </P>
<P align=center>8 </P>
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<P align=justify style="text-indent:5%"><B>IN WITNESS WHEREOF</B>, the parties hereto have executed
this Restricted Share Award Agreement as of the date first written above. </P>
<DIV align=right>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="50%" border=0>

  <TR vAlign=top>
    <TD align=left>CHINA BAK BATTERY, INC. </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left>By: </TD></TR>
  <TR vAlign=top>
    <TD align=left>Name: </TD></TR>
  <TR vAlign=top>
    <TD align=left>Title: </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>GRANTEE: </TD></TR>
  <TR>
    <TD align=left >&nbsp;</TD></TR>
  <TR>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left
    >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left>Name: </TD></TR></TABLE></DIV>
<P align=center>9 </P>
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<P align=center><B>SPOUSE'S CONSENT TO AGREEMENT <BR></B><B>(Required where
Grantee resides in a community property jurisdiction) </B></P>
<P align=justify style="text-indent:5%">I acknowledge that I have read the Agreement and the Plan and
that I know and understand the contents of both. I am aware that my spouse has
agreed therein to the imposition of certain forfeiture provisions and
restrictions on transferability with respect to the Restricted Shares that are
the subject of the Agreement, including with respect to my community interest
therein, if any, on the occurrence of certain events described in the Agreement.
I hereby consent to and approve of the provisions of the Agreement, and agree
that I will abide by the Agreement and bequeath any interest in the Restricted
Shares which represents a community interest of mine to my spouse or to a trust
subject to my spouse's control or for my spouse's benefit or the benefit of our
children if I predecease my spouse. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD noWrap align=left >Dated: </TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" noWrap align=left width="43%"
    >&nbsp;</TD>
    <TD noWrap align=left width="10%"  >&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" noWrap align=left width="43%"
    >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left ></TD>
    <TD align=left width="43%" >&nbsp;</TD>
    <TD align=left width="10%"  >&nbsp;</TD>
    <TD align=left width="43%" >Signature </TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="43%" >&nbsp;</TD>
    <TD width="10%"  >&nbsp;</TD>
    <TD width="43%" >&nbsp;</TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="43%" >&nbsp;</TD>
    <TD width="10%"  >&nbsp;</TD>
    <TD width="43%" >&nbsp;</TD></TR>
  <TR>
    <TD >&nbsp; </TD>
    <TD width="43%" >&nbsp;</TD>
    <TD width="10%"  >&nbsp;</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" width="43%"
    >&nbsp;</TD></TR>
  <TR vAlign=top>
    <TD align=left ></TD>
    <TD align=left width="43%" >&nbsp;</TD>
    <TD align=left width="10%"  >&nbsp;</TD>
    <TD align=left width="43%" >Print
  Name&nbsp;&nbsp;</TD></TR></TABLE>
<P align=center>10 </P>
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<P align=center><B>Exhibit A </B></P>
<P align=center><B>ELECTION UNDER SECTION 83(b) <BR>OF THE INTERNAL REVENUE CODE
OF 1986</B> </P>
<P align=justify style="text-indent:5%">The undersigned taxpayer hereby elects, pursuant to Sections 55
and 83(b) of the Internal Revenue Code of 1986, as amended, to include in
taxpayer&#146;s gross income or alternative minimum taxable income, as the case may
be, for the current taxable year the amount of any compensation taxable to
taxpayer in connection with taxpayer&#146;s receipt of the property described below.
</P>
<P align=justify style="text-indent:5%">1. &nbsp;&nbsp;&nbsp; The name, address, taxpayer
identification number and taxable year of the undersigned are as follows: </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left></TD>
    <TD align=center width="33%">TAXPAYER:&nbsp;&nbsp;</TD>
    <TD align=center width="33%">SPOUSE: </TD></TR>
  <TR vAlign=top>
    <TD width="5%">&nbsp;</TD>
    <TD align=left>NAME: </TD>
    <TD align=left width="33%">&nbsp;</TD>
    <TD align=left width="33%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD width="5%">&nbsp;</TD>
    <TD align=left>ADDRESS: </TD>
    <TD align=left width="33%">&nbsp;</TD>
    <TD align=left width="33%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD width="5%">&nbsp;</TD>
    <TD align=left>IDENTIFICATION NO.: </TD>
    <TD align=left width="33%">&nbsp;</TD>
    <TD align=left width="33%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD width="5%">&nbsp;</TD>
    <TD align=left>TAXABLE YEAR: </TD>
    <TD align=left width="33%">&nbsp;</TD>
    <TD align=left width="33%">&nbsp; </TD></TR></TABLE>
<P align=justify style="text-indent:5%">2.&nbsp;&nbsp;&nbsp; The property with respect to which the
election is made is described as follows: ____ shares of common stock (the
&#147;<B><I><U>Shares</U></I></B>&#148;) of China BAK Battery, Inc. (the
&#147;<B><I><U>Company</U></I></B>&#148;). </P>
<P align=justify style="text-indent:5%">3.&nbsp;&nbsp;&nbsp; The date on which the property was
transferred is: ___________________ , ______.</P>
<P align=justify style="text-indent:5%">4. &nbsp;&nbsp;&nbsp; The property is subject to the
following restrictions: </P>
<DIV align=center>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="80%" border=0>

  <TR vAlign=top>
    <TD align=left>
      <P align=justify>The Shares may not be transferred and are subject to
      forfeiture under the terms of an agreement between the taxpayer and the
      Company. These restrictions lapse upon the satisfaction of certain
      conditions contained in such agreement. </P></TD></TR></TABLE></DIV>
<P align=justify style="text-indent:5%">5. &nbsp;&nbsp;&nbsp; The fair market value at the time of
transfer, determined without regard to any restriction other than a restriction
which by its terms will never lapse, of such property is: US$ _________________.
</P>
<P align=justify style="text-indent:5%">The undersigned has submitted a copy of this statement to the
person for whom the services were performed in connection with the undersigned&#146;s
receipt of the above-described property. The transferee of such property is the
person performing the services in connection with the transfer of said property.
</P>
<P align=justify style="text-indent:5%"><U>The undersigned understands that the foregoing election may
not be revoked except with the</U> <U>consent of the Commissioner</U>. </P>
<TABLE
style="BORDER-COLOR: black; FONT-SIZE: 10pt; BORDER-COLLAPSE: collapse; "
cellSpacing=0 cellPadding=0 width="100%" border=0>

  <TR vAlign=top>
    <TD colSpan=2 >Dated: ______________________, _____</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="50%"></TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="50%">Taxpayer </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD>&nbsp; </TD>
    <TD width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left colSpan=2>The undersigned spouse of taxpayer joins in this
      election. </TD></TR>
  <TR>
    <TD width="5%" >&nbsp;</TD>
    <TD>&nbsp; </TD>
    <TD width="50%">&nbsp; </TD></TR>
  <TR vAlign=top>
    <TD colSpan=2>Dated: ______________________, _____</TD>
    <TD style="BORDER-BOTTOM: #000000 1px solid" align=left width="50%"></TD></TR>
  <TR vAlign=top>
    <TD width="5%" >&nbsp;</TD>
    <TD align=left>&nbsp; </TD>
    <TD align=left width="50%">Spouse of Taxpayer </TD></TR></TABLE>
<P align=center>11 </P>
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