**Joint      Development Agreement**

**Article      One    **
**The      Purpose**

**Article      Two    **
**The      Cooperative Mode**

| 2.1 | Party                A shall provide parental seeds and other relevant technical materials                (including the hybridized seeds of Liyu No.16 already obtained) of                Liyu                No.16, and shall be responsible for the further                improvement; |
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| 2.2 | Party                A shall be responsible for training and supervising the seed production                personnel from Party B; |
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| 2.3 | As                of the effective date of this Agreement, Party A shall be fully                responsible for such variety’s trial, demonstration, development and                approval application, etc. |
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**Article      Three    **
**Ownership**

| 3.1 | Application                right and the variety right of such variety and its inbred new plant                variety are owned by Party A, and Party A shall not transfer the                variety                right and/or the application right of such variety and its inbred                new                plant variety to any entities or persons other than Party                B; |
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| 3.2 | Should                Party A is terminated due to dissolution or other reasons, the application                right and/or variety right of such variety and its inbred new plant                variety shall be transferred to Party B without consideration, subject                to                Party B’s guarantee of the breeder’s right of authorship and other                propriety interests incidental to                person. |
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**Article      Four    **
**Responsibilities      of Party A**

| 4.1 | Party                A authorizes Party B to have the exclusive right to produce and operate                Liyu No.16. Without Party B’s written consent, Party A shall not authorize                any other third party to produce and operate such                variety; |
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| 4.2 | Party                A shall not, at its discretion, produce the hybridized seeds of Liyu                No.16, but it may sell without repackaging the hybridized seeds of                Liyu                No.16 produced by Party B, subject to its compliance with the sales                policy                of Party B; |
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| 4.3 | Party                A shall apply for the variety right of Liyu No.16 and its inbred                variety                in accordance with relevant regulations in a timely manner. Provided                that                the new variety right of plant is obtained, Party A shall be responsible                for the payment of annual fee in accordance with the relevant state                regulations in order to prevent the earlier termination of the protection                term of the new variety right. Should the variety right becomes invalid                due to Party A, Party A shall be responsible for Party B’s economic                losses. |
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**Article      Five    **
**Responsibilities      of Party B**

| 5.1 | Party                B shall be responsible for the trial, demonstration, development,                and                approval application of Liyu No.16; |
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| 5.2 | Party                B shall be responsible for market research, planning and shall decide                and                organize the implementation of the production, processing and sales                etc.                of the parental propagation and hybridized seeds; |
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| 5.3 | Party                B shall inform Party A of the specific amount of the production and                sale                of Liyu No.16, and Party A shall keep the said information confidential.                Should the amount provided by Party B is different from the actual                amount                of the production and sale, Party A has the right to investigate                and Party                B shall provide assistance. |
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**Article      Six    **
**Common      Responsibilities**

| 6.1 | Neither                Party shall, in respect of Liyu No.16, carry out any cooperation                with any                entity or individual, transfer or assist any third party in using                it; |
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| 6.2 | The                Parties shall strictly prevent the parental seeds of Liyu No.16 and                its                technical materials from being disclosed and shall together keep                the                parental seeds and the business secret                confidential; |
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| 6.3 | During                the term of this Agreement, either Party shall notify the other Party                of                any fake or inferior commodities of their products or other conducts                which                constitute an infringement of their rights which come to the attention                of                such Party, and shall |
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| 6.4 | The                Parties hereby warrant that the undersigned who execute this Agreement                on                behalf of the Parties are the legal representatives or the duly authorized                representatives of the Parties, and they have the authorization to                execute                this Agreement on behalf of the                Parties. |
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**Article      Seven    **
**Fees**

| 7.1 | The                investment of the early breeding of Liyu No.16 is calculated in RMB200,000                and Party A shall provide Party B with the parental seeds and relevant                materials (including the hybridized seeds already obtained) of No.16                before the end of February 2002. Party B shall pay Party A RMB100,                000                only upon examination. It shall be otherwise agreed on the price                for and                relevant issues of the hybridized seeds and parental inbred                seeds; |
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| 7.2 | Should                such variety can not be approved by the competent authority of the                provincial level or the legal certificate of the variety right can                not be                obtained and such variety can not be generalized legitimately, Party                A                shall repay Party B the RMB100,000 paid by Party                B; |
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| 7.3 | Upon                the approval of such variety and obtaining of the legal variety right,                Party B shall pay Party A another                RMB100,000; |
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| 7.4 | The                fees shall be counted as RMB0.4 /kg of the produced by Party B from                2002.                The said settlement shall be basically made after the annual distribution                season of the produced hybridized seeds (at the end of June of next                producing year). However, the advance shall be properly made ahead                of                schedule (January of next producing year) and the specific amount                shall be                made through the Parties’consultations. |
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**Article      Eight    **
**Remedies**

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**Article      Nine**
**Liabilities      for Breach of Contract**

| 9.1 | Violation                of any provision of this Agreement shall constitute a breach. The                Breaching Party shall be liable for the Non-breaching Party’s economic                losses caused by its breach and shall compensate the Non-breaching                Party                for such losses and keep the Non-breaching Party undamaged; |
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| 9.2 | Should                the dispute is caused by the property rights of the variety right                of Liyu                No.16 and its inbred seeds, Party A shall assume full responsibilities                and                compensate Party B for such losses. |
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**Article      Ten    **
**Amendment      **

**Article      Eleven    **
**Governing      Law and Dispute Resolution**

| 11.1 | This                Agreement shall be governed by laws of the People’s Republic of China. |
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| 11.2 | In                the event of any                dispute arising out of or in connection with the validity, interpretation                or performance hereof, the Parties shall attempt in the first instance                to                resolve such dispute through friendly consultations. After sixty                (60) days                upon either Party’s notice of such dispute to the other Party, such                dispute may be submitted to the court where this Agreement is executed,                unless otherwise determined by such court. The litigation fees shall                be                borne by the losing Party. |
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**Article      Twelve    **
**Effectiveness      and Miscellaneous**

| 12.1 | This                Agreement shall become effective as of the date of execution and                stamping                by the Parties. |
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| 12.2 | This                Agreement is executed in two copies, with each Party holding one,                and each                copy shall have the same legal                effect. |
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| 12.3 | Either                Party shall obtain a written content from the other Party before                terminating this Agreement. |
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| 12.4 | Any                other issue which is not provided by this Agreement shall be resolved                by                the Parties through friendly                consultations. |
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| 12.5 | This                Agreement shall be duly executed by the Parties as of the date first                written above in Beijing. |
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***/s/      CORPORATE SEAL***

***/s/      CORPORATE SEAL***

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