**CHINA      SKY ONE MEDICAL, INC.**

**Compensation      Committee Charter**

**I.      **
**General      Statement of Purpose **

**II.      **
**Compensation      Committee Composition **

**III.      **
**Meetings      **

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**IV.      **
**Compensation      Committee Activities **

**A.      **
**Review      of Charter **

|   | · | Review                and reassess the adequacy of this Charter annually and submit any                proposed                changes to the Board for approval. |
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**B.      **
**Annual      Report on Executive Compensation **

|   | · | Produce                an annual report on executive compensation for inclusion in the Company’s                proxy statement relating to its annual meeting of stockholders or                annual                report on Form 10-K, in accordance with the applicable rules and                regulations of the Securities and Exchange Commission, any securities                exchange or automated quotation system on which the Company’s securities                are traded, and any other rules and regulations applicable to the                Company. |
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**C.      **
**Annual      Performance Evaluation of the Compensation Committee **

|   | · | Perform                an annual performance evaluation of the Compensation Committee and                report                to the Board on the results of such evaluation. |
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|   | **D.** | **Recommendations                Regarding Incentive-Compensation Plans and Equity- Based Plans** |
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|   | · | Review                and make such recommendations to the Board as the Compensation Committee                deems advisable with regard to all incentive-based compensation plans                and                equity-based plans. |
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|   | · | The                Company’s Chief Executive Officer may not be present during voting or                deliberation concerning his or her compensation. |
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**E.      **
**Matters      Related to Compensation of the Company’s Chief Executive Officer**

|   | · | Review                and approve the corporate goals and objectives that may be relevant                to the                compensation of the Company’s Chief Executive Officer (“CEO”). |
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|   | · | Evaluate                the CEO’s performance in light of the goals and objectives that were set                for the CEO and determine the CEO’s compensation based on such evaluation.                In connection with determining the long-term incentive component                of the CEO’s compensation, the Compensation Committee should consider the                Company’s performance and relative stockholder return, the value of                similar incentive awards to CEOs at comparable companies and the                awards                given to the Company’s CEO in past years. |
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|   | · | The                Company’s Chief Executive Officer may not be present during voting or                deliberation concerning his or her compensation. |
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|   | **F.** | **Matters                Related to Compensation of the Officers Other Than the Chief Executive                Officer** |
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|   | · | Review                and make such recommendations to the Board as the Compensation Committee                deems advisable with regard to the compensation of all officers of                the                Company other than the CEO; for the purposes hereof the term “officer” has                the meaning defined in Section 16 of the Securities Exchange Act                of 1934,                as amended, and Rule 16a-1 promulgated thereunder. Determine the                compensation of all officers of the Company other than the CEO; for                the                purposes hereof the term “officer” has the meaning defined in Section 16                of the Securities Exchange Act of 1934, as amended, and Rule 16a-1                promulgated thereunder. |
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**V.      **
**Additional      Compensation Committee Authority **

**A.      **
**Matters      Related to Compensation of the Company’s Directors and Members of Senior      Management **

|   | · | Annually                review and make recommendations to the Board with respect to the                compensation of all directors, officers and members of senior management                of the Company (other than the CEO), including with respect to any                incentive-compensation plans and equity-based plans. |
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|   | **B.** | **Matters                Relating to Retention and Termination of Compensation Consulting                Firm or                Other Outside Advisors** |
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|   | · | Exercise                sole authority to retain and terminate any consulting firm or other                outside advisor on compensation matters that is to be used by the                Company                or the Compensation Committee to assist in the evaluation of director,                CEO                or senior executive compensation. The Compensation Committee shall                also                have sole authority to approve the consultant’s fees and other retention                terms. |
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**VI.      **
**General      **

|   | · | The                Compensation Committee may establish and delegate authority to one                or more                subcommittees consisting of one or more of its members, when the                Compensation Committee deems it appropriate to do so in order to                carry out                its responsibilities. |
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|   | · | The                Compensation Committee shall make regular reports to the Board concerning                areas of the Compensation Committee’s responsibility. |
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|   | · | In                carrying out its responsibilities, the Compensation Committee shall                be                entitled to rely upon advice and information that it receives in                its                discussions and communications with management and such experts,                advisors                and professionals with whom the Compensation Committee may consult.                The                Compensation Committee shall have the authority to request that any                officer or employee of the Company, the Company’s outside legal counsel,                the Company’s independent auditor or any other professional retained by                the Company to render advice to the Company attend a meeting of the                Compensation Committee or meet with any members of or advisors to                the                Compensation Committee. The Compensation Committee shall also have                the                authority to engage legal, accounting or other advisors to provide                it with                advice and information in connection with carrying out its                responsibilities and shall have sole authority to approve any such                advisor’s fees and other retention terms. |
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|   | · | The                Compensation Committee may perform such other functions as may be                requested by the Board from time to time. |
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