**Exhibit        10.1**

**English        Translation of **

**CONTRACT        No. ......**

**1.  **
**OBJECT            OF THE CONTRACT**

| 1.1 | The                  Seller undertakes to prepare and deliver yielding the ownership                  rights,                  whereas the Buyer undertakes to accept and pay for, the products,                  hereinafter: “the Equipment”, subject to the conditions set out                  below. |
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| 1.2 | The                  designation, technical requirements, total quantity of the products                  to be                  prepared and delivered, the general cost and the delivery times                  are                  determined in the Specifications, which constitute an integral                  part of                  this Contract. |
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**2.  **
**QUALITY            AND COMPLETENESS OF THE PRODUCTS**

| 2.1 | The                  quality and completeness of the delivered products shall correspond                  to the                  Technical Conditions (TC) and the Design Documentation                  (DD). |
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| 2.2 | Over                  a period of one month from the signing hereof the Seller shall                  deliver and                  coordinate with the Buyer the DD of the corresponding Equipment                  to be                  delivered. |
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| 2.3 | The                  technical acceptance of the manufactured Equipment shall be conducted                  by                  the Seller in accordance with the TC and the DD, together with                  the                  representative of the Buyer. The results of this acceptance testing                  shall                  be formulated as a technical acceptance protocol of the                  Equipment. |
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| 2.4 | The                  Seller shall perform the crucial factory testing in the presence                  of the                  Buyer’s representatives and prepare a corresponding delivery-acceptance                  protocol of the factory testing. |
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| 2.5 | The                  Buyer shall provide the Seller with pipes for making factory acceptance                  testing within the deadlines and extent stated by the Seller. The                  Seller                  shall notify the Buyer two months in advance of the performance                  of factory                  acceptance testing. During the indicated period the Buyer shall                  deliver                  pipes for the testing in accordance with Annex 1. The Seller shall                  cooperate with the Buyer in the acquisition of the necessary quantity                  of                  pipes for the testing. |
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| 2.6 | The                  quality of the Equipment to be delivered hereunder shall correspond                  to the                  current State Standards of the Ukraine and the standard-technical                  documentation, including the TC and                  DD. |
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| 2.7 | The                  Equipment shall fully correspond to the technical requirements                  enclosed                  herewith as an integral part hereof (“Annex                  1”). |
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| 2.8 | The                  Seller shall carry out the contract-supervision commissioning works                  in the                  presence of Buyer’s representatives and the training of Buyer personnel in                  accordance with Annex 4 to this                  Contract. |
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| 2.9 | The                  warranty period for the Equipment is set at 12 months from the                  day of the                  final protocol in accordance with Annex 4 to this Contract, for                  of the                  seam machine it is set at 18 month. |
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| 2.10 | In                  the event of defects or noncompliance of the Equipment or its assembly                  and/or any part thereof with the technical requirements within                  a period of                  12 months (for of the seam machine within a period of 18 month)                  from the                  day of contract supervision in the course of use of the Equipment                  in                  accordance with the operation rules, the Seller shall immediately                  and not                  later than 14 calendar days eliminate the observed defects by way                  of                  repair and/or replacement of different units thereof at no additional                  charge to the Buyer. In such case the warranty period shall be                  extended by                  the duration of repair of the observed defects in the Equipment                  by the                  Seller. |
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**3.  **
**DELIVERY            DEADLINES AND PROCEDURE**

| 3.1 | The                  Seller shall make the Equipment within the deadlines established                  in the                  Specification (Annex 2) to this Contract, as an integral part                  hereof. |
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| 3.2 | The                  date of receipt of the advance payment to the bank account of the                  Seller                  according to art. 4.2 hereof shall constitute the beginning of                  the                  works. |
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| 3.3 | The                  finished Equipment with the merchandise documents shall be delivered                  on                  EXW terms at the Seller’s warehouse in the city of Pavlograd (in                  accordance with INCOTERMS, 2000). The Buyer shall pay for the Equipment                  and take it from the Seller’s warehouse within 10 days from notice by the                  Seller that the Equipment is ready, after which the Equipment shall                  be                  handed over to registered storage. |
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| 3.4 | The                  Seller may prepare the Equipment ahead of schedule, whereupon the                  Buyer                  shall accept it and pay for it if notified in writing two months                  in                  advance of the respective date. |
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| 3.5 | List                  of the merchandise documents: |
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|   | - | Expense                  certificate |
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|   | - | Tax                  certificate |
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|   | - | Invoice                  for the delivered products |
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|   | - | “Passport”                  (label) marked ETK certifying that the Equipment corresponds in                  quality to                  the respective technical                  documentation |
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|   | - | Set                  of technical documents according to Annex                  1. |
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**4.  **
**PRICE            AND MODE OF PAYMENT**

| 4.1 | The                  Buyer shall pay for the Equipment at the agreed prices as indicated                  in the                  Specification (Annex 2). |
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| 4.2 | The                  Buyer shall prior to the beginning of the works made an advance                  payment of                  30% of the amount indicated in the Specification for the purchase                  of the                  materials, purchased products and technologic preparation of the                  manufacture. |
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| 4.3 | The                  advance payment shall take place within 10 banking days from the                  time of                  signing the Contract; any delay thereof shall lead to a corresponding                  delay of the manufacture deadline. |
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| 4.4 | The                  balance of the price shall be paid by the Buyer according to the                  schedule                  of payment (Annex 3), which constitutes an integral part of this                  Contract.                  Any subsequent payment shall take place after the acceptance by                  the Buyer                  of the obligations of the “Seller” according to Annex                  3.. |
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| 4.5 | The                  total amount of the Contract is 2,828,000.00 grn (two milliosn                  eight                  hundred twenty eight thousand griven) including                  VAT. |
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**5.  **
**OBLIGATIONS            OF THE PARTIES**

| 5.1 | The                  mutual obligations and relations of the parties inasmuch as not                  stipulated                  herein shall be governed by the current laws of the                  Ukraine. |
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| 5.2 | In                  case of breach of payment deadlines according to Annex 3 by more                  than five                  banking days hereunder, the Buyer shall pay the Seller a fine                  corresponding to twice the accounting rate of NBU as related to                  the period                  covered by the fine, from the amount of the payment in arrears                  or the                  amount of delayed delivery of the product per day of                  arrears. |
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| 5.3 | The                  Seller shall pay to the Buyer a fine of 0.1% per day of arrears                  in the                  elimination of encountered defects in the Equipment (art. 2.10                  of the                  Contract) after 5 days of arrears. |
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| 5.4 | The                  Seller shall pay the Buyer a fine of 0.1% per day of arrears in                  delivery                  of the Equipment (art. 3.3 or 3.4 of the Contract) after 5 days                  of arrears                  from the value of the undelivered Equipment or non-fulfillment                  of the                  obligations according to Anex 3 after 5 days of                  arrears.. |
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| 5.5 | In                  case of refusal by the Seller to deliver Equipment that has been                  paid for,                  the Seller shall refund the money to the Buyer plus a fine of 10%                  of the                  total amount of the Contract. |
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| 5.6 | In                  case of non-fulfillment by the Buyer the contract-supervision works                  in                  time in accordance to Anex 4, The Seller shall pay the Buyer a                  fine of                  0.1% per day of arrears in delivery of the Equipment (art. 3.3                  or 3.4 of                  the Contract) after 5 days of arrears from the value of non-installed                  or                  non-operating Equipment. |
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**6.  **
**FORCE            MAJEURE**

| 6.1 | In                  the event of circumstances that preclude a full or partial performance                  of                  this Contract, such as fire, natural disaster, war, military activities                  of                  any nature, strikes, blockades, religious tumults, etc., the time                  limit                  established for the discharge of obligations hereunder shall be                  extended                  by the duration of such force majeure                  circumstances. |
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| 6.2 | In                  the event of force majeure circumstances prevailing for more than                  one                  month, the Seller or the Buyer may terminate this Contract without                  any                  legal consequences or arbitration, and without any liability on                  the part                  of the party where such circumstances                  occur. |
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| 6.3 | In                  the event of such circumstances of force majeure, the affected                  party shall                  within 10 days notify the other party to this effect, enclosing                  documents                  issued by the Ukrainian Chamber of Commerce and Industry in confirmation                  of the said circumstances. For failure to comply with the foregoing                  provision the affected party is not entitled to refer to any force                  majeure                  circumstances. |
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| 6.4 | Upon                  the disappearance of the said circumstances the respective party                  shall                  immediately notify the other party, in which case the former party                  shall                  not be liable for any further breach of its obligations                  hereunder. |
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**7.  **
**PARTICULAR            CONDITIONS**

| 7.1 | Amendments                  introduced by the Buyer in the DD with the consent of the Seller                  shall be                  obligatory for both parties. The expenses involved in these amendments                  shall be subject to an additional calculation and a Price Protocol                  with                  the consent of the Buyer and payable by the                  Buyer. |
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| 7.2 | A                  coordination of accounts between the Seller and the Buyer shall                  take place                  every quarter. |
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| 7.3 | In                  case of a stoppage of work or termination of the Contract by fault                  of the                  Buyer, the works carried out under the Contract shall be paid for                  in                  accordance with a Protocol of Performed Works. In such case the                  Seller                  shall deliver the paid part of the Equipment to the                  Buyer. |
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| 7.4 | After                  loading the ready Equipment, responsibility for its preservation,                  including transport damage, shall devolve to the                  Buyer. |
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| 7.5 | Differences                  of opinion between the parties shall be resolved by negotiation.                  In the                  absence of agreement the dispute shall be resolved by the state                  court with                  jurisdiction over the respondent’s                  location. |
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| 7.6 | This                  Contract is made in two copies, one for each side, with equal legal                  validity. |
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| 7.7 | Upon                  the written order of the Buyer, the Seller undertakes to make and                  deliver,                  whereas the Buyer undertakes to pay for and accept, a second seam                  machine                  for the forming of bottoms and necks of cylinders of diameter 356-406                  pursuant to this Contract. To avoid any doubt, the Buyer has a                  right not                  to order the production of the second seam                  machine. |
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**8.  **
**VALIDITY            OF THE CONTRACT**

| 8.1 | This                  Contract shall enter into effect from the date of its signing till                  December 31, 2008. |
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| 8.2 | The                  effect of this Contract shall be extended automatically to December                  31,                  2009 if neither party serves notice of its desire to terminate                  it 30 days                  prior to expiry. |
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**9.  **
**LEGAL            ADDRESSES OF THE PARTIES**

| The Seller OOO PZTO 51413 Dneproipetrovsk Region Pavlograd, Promyshlennaya, 1Telephones (05632) 3-01-10, 3-93-46 Tel./fax (05632) 3-03-47, 3-10-47 info@rambler.ruAccount: 26007060037954 Dnepropetr. KB Privatbank,                  PavlogradMFO                    305727 code                    OKPO 33019165Cert.                    No. 03477195INN                    330191604105 | The BuyerOOO Uksil89200 Zakarpatskaya obl. g. Perechinul. Chervonoarmeiskaya 33Tel. (03145) 2 30 46steatit@perechin.uz.uaAccount MFO 312378OKPO code 34570661Cert.                  No. 100020415INN No. 34507706607103 |
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| Payor                    or profit tax in accordance with the rate                    established in art. 10 (10.1) of the Ukrainian                    Law of 28.12.94, No. 334/94-VP On                    the Taxation on Profit of Enterprises, with                    subsequent amendments  |   | Payor                    or profit tax in accordance with the rate                    established in art. 10 (10.1) of the Ukrainian                    Law of 28.12.94, No. 334/94-VP On                    the Taxation on Profit of Enterprises, with                    subsequent amendments  |
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