[CHINA BAT GROUP, INC. Holder Initial Exercise Date Termination Date Section 1 Definitions Section 2 Exercise (a) (b) (c) 2 Bid Price “ VWAP “ 3 (d) Mandatory Exercise 4 (e) Mechanics of Exercise (i) DWAC Standard Settlement Period (ii) (iii) Rescission Rights 5 (iv) Buy-In (v) No Fractional Shares o]