Unassociated Document


    
      Trademark
        Transfer Agreement

    

    

      This
        Agreement is made and entered into on December 3, 2007
        in Yiyang City, Jiangxi Province ,China, by and between the following
        parties:

    

    

      Transferor:
        Jiangxi
        Yiyang Fuda Copper Co., Ltd.

      Registered
        business address: Gejiaba, Huating Town, Yiyang County

    

     

    Transferee:
      Jiangxi
      Morgan Star Copper Technology Co., Ltd.

    Registered
      business address: Fengze Mall, Guangchang Road, Yijiang Town, Yiyang County,
      Jiangxi Province.

    

      After
        consultation, Transferor and Transferee agree that:

       

      1.
        The
        trademark to be transferred named “富爵FURDHER”, the design is ( Design is
        attached here and sealed by Transferor). It was registered on the following
        products (Serial No.11): Bathroom equipment, flushing device and washing
        equipment, the registration number is No. 3512752, registered by the Transferor,
        and the valid period is from 2005-1-28 to 2015-1-27, in P.R.C.

      


      2.
        Transferor guarantees that it is the owner of the trademark aforesaid. No
        non-exclusive or exclusive authorized use agreement was signed before this
        agreement.

      


      3.
        The
        rights of the Transferee after the transference

      3.1
        This
        trademark may be used on the following products (or service): Serial
        No.11.

      3.2
        This
        trademark may be used in the following geographical
        area:____________

      


      4.
        The
        transference of the trademark is permanent. 

      


      5.
        The
        date of the transference: the date when this agreement comes into effect,
        or the
        procedure of registration modification finishes, the trademark is formally
        transferred to transferee.

      


      6.
        The
        procedure of registration modification: Transferor shall handle the procedure
        of
        registration modification when this agreement becomes effective, the necessary
        expense to modify the registration shall be burdened by Transferee.

      


      7.
        The
        guarantee of the product’s quality: Transferor requires the Transferee
        guarantees that the quality of trademark product shall no lower than it was
        before. Transferor shall supply Transferee with the product sample,
        technological guidance or recipe (both parties may sign a technology transfer
        agreement), product’s manual, package and reparation skill. If it is necessary,
        Transferor shall supply Transferee a list of the clients who frequently
        purchased the products.

       

    

    
      
        
          
          

        

        
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      8.
        Each
        party shall bear the obligation to keep the other party’s operation as a secret.
        During or beyond the period of this agreement, Transferee shall not release
        the
        technology secret and business secret, which were transferred with the trademark
        by Transferor.

      


      9.
        Transferor shall guarantee that the transferred trademark is a valid trademark,
        and no third party possesses the ownership of the trademark.

      


      10.
        The
        assignment fee and payment:

      10,1
        The
        assignment fee is totally RMB 10,000.00 (ten thousand) Yuan, in accordance
        with
        the transferred rights.

      10.2
        The
        payment shall be paid by cash.

      10.3
        The
        payment shall be paid within 10 days after this agreement becomes
        valid.

      


      11.
        Transferor guarantees that, unless permitted by Transferee in written form,
        it
        shall not register a similar or resemble trademark in the same geographical
        area, nor deal with the activities to compete with production and sales of
        the
        trademark product, during the valid period of the agreement.

      


      12.
        Breach of the Contract Responsibilities:

      12.1
        Transferor shall stop using this trademark and take the responsibility, if
        it
        breaks the rules of this agreement and continues to use the trademark on
        its
        products without written permission from Transferee.

      12.2
        Transferor may refuse to transfer the ownership of the trademark and notice
        to
        cancel this agreement, if Transferee does not pay the assignment fee within
        the
        agreed period.

       

      13.
        Settlement
        of Disputes

      Any
        disputes under the agreement shall be settled at first through friendly
        consultation between the parties hereto. In case no settlement can be reached
        through consultation, the disputes shall be submitted to CHINA INTERNATIONAL
        ECONOMIC AND TRADE ARBITRATION COMMISSION and arbitrated in Beijing. The
        arbitration is a final arbitration that binds both parties.

      


      14.
        This
        agreement becomes valid from the date it is signed. However, this agreement
        would be invalid if the transfer application is not ratified by Trademark
        Bureau
        of State Administration of Industry and Commerce, the responsibility would
        be
        taken by each party accordingly.

       [No
        Text Below]


      
        
          
          

        

        
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      〔Signature
        Page〕

      


      Transferor:
        Jiangxi Yiyang Fuda Copper Co., Ltd. (seal)

      


      Legal
        Representative (signature): /s/ Wu Yiting

      


      Transferee:
        Jiangxi Morgan Star Copper Technology Co., Ltd. (seal):

      


      Authorized
        Representative (signature): /s/ Wu Yiting


      
        
          
          

        

        
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