| 1.1.1 | The      LANDLORD is a lady      and legitimate owner of the hangar located in this capital, at 708 Rua do      Curtume – Warehouse  10 , registered at the 10th  Notary’s      Office of the Capital Properties with the Number 46.157,  and      registered in São Paulo ́s city town hall  with the number      099.045.0011-8. |
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| 1.1.2 | By      this instrument, THE      LANDLORD rent the cited property to THE TENANT to be used      solely for commercial and industrial activities, being prohibited to give      any other usage without the previous and express consent of the      LANDLORD. |
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| 2.1  | The      total term for this rental will be of 60 (sixty) months, beginning      on November      1st 2008 and ending on October 31st      2013, on this date independently of any acknowledgment or notification,      the TENANT Has the obligation of returning  the property in the      same state it was given to him and with no occupants of any      kind. |
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| 3.1 | The      monthly rent for this contract will be of R$24.760,00 (twenty four      thousand seven hundred sixty reais), which will be readjusted each period      of 12(twelve) months, having as index the Brazilian IGP_M/FGV, or in the      lack of this index, any other  indexation admitted by the      current law. |
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| 3.1.1 | The      TENANT will enjoy the lack to the payment of the rent referring the two      first months of the location (November and December 2008) because      of   the improvements that he will realize in the property,      as well as the fact that an area of 500 m2 will still be in use by another      company (DUNA REVENDEDORA DE VEÍCULOS LTDA), that also signs this current      contract as CONSENTING, being obliged to return the property to the      LANDLORD up to next December 31st ,      with no occupants of any kind,  duly warned to pay a fine      established in the rescission celebrated between that company and the      LANDLORD. |
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| 3.1.2- | The      TENANT will also enjoy of 5% discount to the payment of the rents      referring to the two first years of renting (from the third to the twenty      fourth months), having to pay the integral value with the respective      readjusts from the twenty fifthmonth. |
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| 3.2 | f      in a virtue of legislation, it is admitted the readjustment of the      rent     in  an inferior regularity      above adjusted, the parties, hereinafter agrees to adopt immediately, the      new and lesser regularity of readjustments that comes to be      allowed. |
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| 3.3 | The      TENANT compels to pay besides the monthly rent, the totality of taxes or      tributes, that happen or come to happen on the leased property, as well as      all the bills of consume , in the measure of its liabilities, duly warned      that he will be paying the fines or additions related to the      delay. |
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| 3.4 | The      rent for each month must be paid by the TENANT to the LANDLORD up to the      fifth day of the subsequent month, by means of a deposit  in the      LANDLORD banking account at Banco Safra S/A, Ag. 0115, Account Number      010.110-2, or in other place or banking account that will come to be      determined by the LANDLORD. It is  understood and agreed that if      there is not a prompt fulfillment of this payment clause, THE TENANT will      have to pay a deferred payment, independent of any acknowledgment,      notification orinterpellation. |
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| 3.5 | In      the case of deferred payment of THE TENANT, related to rent payment or      stipulated duties, the due value will be increased of 10% fine that will      have to be calculated pro-rat. if the delay is superior to 30 days,      besides the fine, there will be interests of 1% to the month, as well as      an indexation. |
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| FOURTH      CLAUSE - | CONSERVATION      OF THE PROPERTY AND REQUIREMENTS OF PUBLIC  AGENCIES. |
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| 4.1 | THE      TENANT compels to keep  the property leased in the same way he      received it, in perfect state of conservation, cleanness and      hygiene, |
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| 4.2 | THE      TENANT compels to be compliant to all requirements from the public      agencies, as well as to forward to the LANDLORD any acknowledgment,      notification or communication he will receive from public authorities and      that require exclusive steps in charge of the LANDLORD. Duly warned not      making the LANDLORD to answer for eventual fines, additions or      damages. |
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| 4.3 | No      summon from public authorities will constitute reason for abandonment of      the leased property or rescission of this contract by the      TENANT. |
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| 4.4 | The      suspension or disability from the public authorities of the TENANT      activities in the property constitutes a risk of his exclusive      responsibility, continuing being obliged to fulfill the present contract,      mainly in what it refers to the stated period and payment of the rent and      incumbencies stipulated. |
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| 4.5 | The      LANDLORD delivers to the TENANT the leased property totally regularized at      São Paulo Fire Department (AVCB). The TENANT compels to keep the cited      certification in sequence and bring it up to date, having to renew it      whenever its stated period of validity expires.  The      unfulfilment of what is established in this clause characterizes      contractual infraction, having the infractor to pay the fine agreed in the      tenth clause of thiscontract. |
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| 5.1 | THE      TENANT has prohibited doing any kind of modifications to the property      without the previous written authorization from THE LANDLORD. When      improvement is made with previous authorization  from the      LANDLORD, they will be integrant part of the property,      even   being necessary or useful, and THE TENANT will      renounce to the eventual right of indemnity, compensation or      retention. |
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| 5.2 | in      any hypothesis, for the accomplishment of improvements to be introduced in      the leased property, besides the previous written authorization from the      LANDLORD, the TENANT has to observe the applicable legislation and      respective positions, either Federal, state or municipal, the TENANT is      duly warned to be responsible for the imposed fines, even launched on      behalf of the LANDLORD, as well as in eventual  damages. |
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| 6.1 | in      the force majeure, dispossession or any other act determined by the public      authorities, the parties will be  unobligated of all      the    clauses and conditions of this contract,      excepted to the LANDLORD the right to plead from public authorities the      indemnity if any. |
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| 7.1 | The      TENANT compels to reimburse to the LANDLORD the prize of insurance against      risks of fire, fire and explosion, as well as loss of rent that the      LANDLORD contracts with insuring company of its choice, being that the      collection of such reimbursement will be made in the measure of its      liability. |
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| 8.1 | THE      TENANT has prohibited subletting totally or partially the property, as      well as yielding or transferring the current rights of this contract,      without previous written authorization of the LANDLORD, duly warned to      incur into contractual infraction of serious nature, exception done to the      companies of his group, having however to inform the LANDLORD by means of      remittance of notarized copy of the instrument, in a      maximum  stated period of 15 days of the signature of the same,      duly warned  that not making that, it results in a contractual      infraction of serious nature , subjects to the criterion of the      LANDLORD. |
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| 8.2 | In      attendance to the resolution number 14 of the COAF, the TENANT compels to      immediately inform the landlord any cession or transference of the social      quotas to third strange part during the validity of the present      instrument, duly warned to be responsible of the TENANT independently of      any acknowledgment or notification, in the penalties that comes to be      imposed to the landlord in virtue of related  resolution. |
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| 8.3 | The      alienation at any time of the property that is object of this contract      constitutes a faculty of the LANDLORD, hypothesis      where, the TENANT not exerting his right of preference within the legal      stated period, will be compelled to allow to the visit of candidates      interested in purchasing the property, at least 2 days per week and in      schedules previously established between the parts, until the effective      concretion of the sales. |
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| 8.3.1 | In      case the property comes to be alienated in the course of      the  contract, the permanence of the TENANT will be      respected, for what is stipulated in the present  contract. |
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| 8.4 | It      is stipulated that for the objects and effects of the article eighth of      the Law number 8,245/91, in the hypothesis of alienation of the property      that is object of this contract, the buyer is subject to all the terms      and |
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| 9.1 | It      is assured to the LANDLORD, through his chairmen, the right to examine or      to inspect the leased property, whenever he understands necessary or      convenient. It is stipulated here that such examinations or inspections      could be proceeded from Monday to Friday between 9:00 am to 05:00      pm. |
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| 9.2 | Whenever      after inspection it is observed some damage or irregularity in the      property or infraction to this contract, the TENANT will be compelled to      repair them in a stated period of 30 days, through the notification that      will be directed to him by the LANDLORD, duly warned to incur into the      fine foreseen in the tenth clause, in addition of causing the rescission      of the present instrument. |
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| 10.1 | It      is stipulated the fine corresponding to 03 rents effective at the time of      the infraction, into which the party  that infringes any clause      or condition of this contract will incur, excepted the innocent part, the      right of being able to consider rescinded the contract. The stipulated      fine  will be always proportional to the lasting period of the      lease, in the terms of article 413 of the Brazilian Civil Code, law number      10.406/02. |
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| 11.1 | As      a pledge of all the obligations assumed in the present contract until the      effective inoccupation of the property with the delivery of the keys      against receipt, the TENANT is compelled to deliver to the LANDLORD, in      the stated period of up to 30 days from the signature of this instrument,      an insurance bail, that will be contracted from Porto Seguros, Seguros      Gerais, having the value of the insurance to be corresponding to      the total value of thiscontract. |
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| 11.2 | The      breach of contract in the obligation assumed by the TENANT, within the      consigned stated period in the clause 11.1 above, will configure      contractual infraction of serious nature, being exclusive criterion of the      LANDLORD to rescind the present contract and/or set up the fine      corresponding to 03 months of the value of the monthly    rent. |
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| 12.1 | The      present contract will be conducted by the Law number 8.245/91 and in      accordance to the clauses and conditions portrayed in this      instrument. |
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| 12.2 | The      terms of present instrument compels the parties and their eventual      successors to any claim.. |
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| 12.3 | In      the terms of proposition IV, of the article 58, Law number 8,245/91, the      summons, intimidations and notifications of the parties will become      facultative through correspondence with acknowledgment of the receiving      act (A.R). |
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| 12.4 | The      parties will assume the respective expenses that intend to register the      present instrument. |
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| 12.5 | The      TENANT duly warned admit to commit punishable contractual infraction with      the fine established in clause 10 above, in the case he does not deliver      to the LANDLORD any document that  must be taken to his      knowledge, inclusively summons, notifications, having to answer for      eventual expenses  resulting from his inertia, such      as: |
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| 12.6 | If      the LANDLORD admits, in benefit of the TENANT any delay in the payment of      the rent and other expenses to his charge or in the fulfillment of any      other contractual obligation, this tolerance could not be considered as      modification of conditions of this instrument, nor will give chance to a      new action. |
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| 12.7 | The      parties declare that there was not a third intermediate that worked to      allow the accomplishment of thelease. |
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| 13.1 | The      parties choose the Main Forum of the Judicial district of the Capital of      São Paulo, with express waiver of any another one, for more privileged      than either, to nullify any deriving action of this instrument, running to      the responsibility of the losing party all judicial and extrajudicial      expenses, inclusive the court fees, and also attorney honorary fixed here      at 20% of the cause value. |
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