Unassociated Document


    


    Exhibit
10.2

    Lease
Agreement

    


    Lessor
(Hereinafter referred to as Party A):

    Xi’an
Kingtone Information Technology Co., Ltd.

    


    Lessee
(Hereinafter referred to as Party B):

    Shaanxi
TechTeam Jinong Humid Acid Product Co., Ltd.

    


    Through
friendly consultation, the parties reach a consensus on the lease. To
specify   each party’s rights and responsibilities, the parties
hereby enter into the following agreement pursuant to the Contract Law of the
People’s Republic of China, (“Agreement”):

    


    Article
1

    


    Party A
shall guarantee that the Premises to be leased to Party B, which is identified
in Article 2, is in compliance with the relevant lease regulations and laws in
the People’s Republic of China.

    


    
      	
              Article
2

            	
              The
      Premises

            


    

    


    
      	
              1.

            	
              The
      Premises is located at 3F, Borough A, Block A, No. 181 South Taibai Road,
      Gaoxin District, Xi’an.

            


    

    
      	
              2.

            	
              The
      gross area is 360 square meters, and the net area is 323 square
      meters.

            


    

    


    
      	
              Article
3

            	
              The
      Ownership

            


    

    


    Party A
shall provide the property ownership certificate, identification (i.e., business
licence) and other documents, Party B shall provide identification documents.
Both parties can copy the other party’s document after verification. All copies
are only used for the  purpose of the Agreement.

    


    
      	
              Article
4

            	
              Lease
      Term and Usage

            


    

    


    
      	
              1.

            	
              The
      lease term of the Premises shall be two years, from July 1, 2010 to June
      30, 2012.

            


    

    
      	
              2.

            	
              Party
      B shall guarantee that the Premises will only be used as
      offices.

            


    

    
      	
              3.

            	
              Upon
      the expiration of the Agreement, Party A shall be entitled to take back
      the Premises, and Party B shall return the Premises on
      schedule.

            


    

    
      	
              4.

            	
              If
      Party B wishes to extend the lease, Party B shall give a three-month’s
      notice to Party A in advance. With Party A’s consent, parties may enter
      into a renewed lease agreement between each
  other.

            


    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              Article
5

            	
              Rent
      and Payment

            


    

    


    
      	
              1.

            	
              The
      monthly rent shall be RMB 10,800.

            


    

    
      	
              2.

            	
              The
      security deposit shall be one month rent, RMB
  10,800.

            


    

    
      	
              3.

            	
              The
      rent shall be paid on a quarterly basis. Party B shall make the payment to
      Party A by cash or transfer at the end of each quarter. Party A shall
      provide payment receipts and
invoices.

            


    

    


    
      	
              Article
6

            	
              Transfer
      and Sublet

            


    

    


    
      	
              1.

            	
              During
      the lease period, Party A shall have the rights to transfer the Premises,
      the Agreement shall be still valid to both new owner and Party
      B.

            


    

    
      	
              2.

            	
              Party
      B is not allowed to sublet the Premises to any third party without prior
      written consent of Party A.

            


    

    
      	
              3.

            	
              If
      Party A wishes to sell the Premises, Party A shall give a three-month
      notice to Party B in advance. Party B shall have the preemptive right to
      purchase the Premises under the same terms and
  conditions.

            


    

    


    
      	
              Article
7

            	
              Modification
      and Termination of The Agreement

            


    

    


    
      	
              1.

            	
              The
      Agreement can be modified or terminated by both parties’ negotiation and
      consent.

            


    

    
      	
              2.

            	
              Party
      A shall have the right to terminate the Agreement and take back the
      Premise if:

            


    

    
      	
            	
              (1)

            	
              Party
      B sublets the Premises to any third party without prior written consent of
      Party A;

            


    

    
      	
            	
              (2)

            	
              Party
      B makes any structural alterations to the Premises without the prior
      written consent of Party A;

            


    

    
      	
            	
              (3)

            	
              Party
      B damages the Premises and does not fix it during reasonable period Party
      A raised;

            


    

    
      	
            	
              (4)

            	
              Party
      B changes the usage of the Premises without the prior written consent of
      Party A; or

            


    

    
      	
            	
              (5)

            	
              Party
      B uses the Premises to store dangerous goods or conducts illegal
      activities.

            


    

    
      	
              3.

            	
              The
      Agreement shall be terminated upon
expiration.

            


    

    
      	
              4.

            	
              In
      case of a force majeure that the Agreement cannot be executed in
      accordance with the originally stipulated terms, the Agreement shall be
      terminated.

            


    

    


    
      	
              Article
8

            	
              The
      Return of the Premises and
Inspection

            


    

     

    
      	
              1.

            	
              Party
      A shall guarantee that the Premises, including the facilities and
      equipment, is in a good condition.

            


    

    
      	
              2.

            	
              Upon
      the expiration of the Agreement, Party B shall return the Premises,
      facilities and equipment to Party
A.

            


    

    
      	
              3.

            	
              Party
      B shall maintain and keep the Premises and its facilities and equipment in
      a good condition, cannot leave goods to affect the usage of the Premises.
      Party A shall have the right to dispose of the goods
  left

            


    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              Article
9

            	
              Breach
      of the Agreement by Party B

            


    

    


    During
the lease period, Party A shall have the right to terminate the Agreement and
take back the Premises if:

    
      	
              (1)

            	
              Party
      B sublets the Premises to any third party without prior written consent of
      Party A;

            


    

    
      	
              (2)

            	
              Party
      B makes any structural alterations or damage to the Premises without the
      prior written consent of Party A;
or

            


    

    
      	
              (3)

            	
              Party
      B changes the usage of the Premises or conducts illegal
      activities

            


    

    


    
      	
              Article
    10

            	
              Conditional
      Discharge

            


    

    


    
      	
              1.

            	
              In
      case of a force majeure that the contract cannot be executed in accordance
      with the originally stipulated terms, both Party A and Party B do not take
      responsibilities.

            


    

    
      	
              2.

            	
              In
      case of the removal or transformation of the Premises in accordance with
      the national policies, each party is not responsible for other party’s
      losses.

            


    

    


    Article 11

    


    For any
unaddressed matters, Party A and Party B may enter into supplementary
agreement(s). The supplementary terms and the appendixes are part of the
Agreement and have the same legal effect as the Agreement.

    


    Article 12

    


    The
Agreement is made in two original copies. Each Party shall have one copy of the
Agreement, and each copy shall have the same legal effect.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    


    Party A:
Xi’an Kingtone Information Technology Co., Ltd.

    (Corporate
Seal Affixed)

    Date:
September 30, 2010

     

    Party B:
Shaanxi TechTeam Jinong Humid Acid Product Co., Ltd.

    (Corporate
Seal Affixed)

    Date:
September 30, 2010