X0203 3 2010-06-11 0 0001144320 NEW ENERGY SYSTEMS GROUP NEWN.OB 0001257588 YAISH ELAN 265 SUNRISE HIGHWAY, SUITE 1-315 ROCKVILLE CENTER NY 11570 1 0 0 0 Options to purchase common stock 6.55 2010-06-11 2013-06-10 Common stock 25000 D On June 11, 2010, New Energy Systems Group (the "Company") appointed Mr. Elan Yaish as a new independent director. Pursuant to the terms of his appointment, Mr. Yaish shall also receive options to purchase up to an aggregate of 25,000 shares of common stock of the Company (the "Options") as consideration for his services as a director. Such options shall bear an exercise price of $6.55 and shall vest in two equal installments, with the first installment to vest on the date of grant and the second installment to vest on the first anniversary of the date of grant. /s/ Elan Yaish 2010-07-02