[$575,000 New York, New York October 17, 2008 CHINA WIND SYSTEMS, INC. 17.4% SUBORDINATED NOTE DUE APRIL 17, 2009 FOR VALUE RECEIVED, China Wind Systems, Inc., a Delaware corporation (the Company), hereby promises to pay to the order of Eos Holdings LLC, the principal amount of Five Hundred Seventy Five Thousand Dollars ($575,000) on or], [China Wind Systems, Inc. No. 9 Yanyu Middle Road Qianzhou Village, Huishan District, Wuxi City Jiangsu Province, Peoples Republic of China Re: Purchase Agreement Ladies and Gentlemen: 1. 2. 3. 4. (a) (b) 5. (a) The Purchaser is aware that the purchase of the Note involves a high degree of risk and that the Purchaser], [] v129342_ex99-2.htm 4 EX-99.2], [PLEDGE AND CONVERSION RIGHT AGREEMENT AGREEMENT made this 17th day of October, 2008, by and between Jianhua WU, whose address is c/o China Wind Systems, Inc., No. 9 Yanyu Middle Road, Qianzhou Village, Huishan District, Wuxi City, Jiangsu Province, Peoples Republic of China (WU), andEos Holdings LLC, whose address is 2650 Highvale Drive, Las Vegas,], [China Wind Systems, Inc. No. 9 Yanyu Middle Road Qianzhou Village, Huishan District, Wuxi City Jiangsu Province, Peoples Republic of China Re: Subscription Agreement Ladies and Gentlemen: 1. 2. 3. (a) The Subscriber is aware that the purchase of the Shares involves a high degree of risk and that the Subscriber may sustain, and has]