Shenzhen
Rental Contract

     

    Shenzhen
rental management office system

     

    Registration
of rental contracts (for the record) to be notified

     

    Registration
for house lease contract (for the record) information be submitted:

     

    Real
estate ownership certificate or proof of their property rights (the right to
use) and other valid documents (available in original and a copy
left).

     

    The
lessor, the lessee identity or legal qualifications, including

     

    1.  Units

     

    Organizations
set up files or business license (available in original and a copy
left).

     

    Original
certificate of legal representative.

     

    ID card
of the Legal representative (available in original and a copy left) and Power of
Attorney:

     

    2.  Individual

     

    Identification
or other valid proof of identity (available in original and a copy
left).

     

    Housing
commissioned a power of attorney required to provide hosted, custodian proof of
identity; trustee lease or rent housing on behalf of others, and by the power of
attorney and the client should provide proof of one’s own identity.

     

    Total
rental housing, one must provide proof of all the owners agreed to lease and the
power of attorney.

     

    Rental
housing for residential use, shall provide the lessor with the local family
planning department signed “rental management responsibility for Floating
Population.”  Rental housing for residential use and Renter are women
of childbearing age (20 to 49 years), must provide a current town of
residence (street) per health department inspection certificate of qualified
migrants marriage and child rearing, (available in original and a copy
left).

     

    
      
         


      

      
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    Rental
contract

     

    Description
of Rental contract record:

     

    According
to Articles. second paragraph of Article VII of the “Shenzhen Special
Economic Zone on Lease of Houses” Rental housing can not be registered in
accordance with regulations, the parties should have an information on rental
housing and party identification, to the district authorities for the
record.

     

    Rental
Contract

     

    Lessor
(Party A): Weilin Tao

     

    Address:

     

    Zip
code:

     

    Lessee
(Party B): Shenzhen ORB-Fortune New-Material Co., Ltd

     

    Address:

     

    Zip
code:

     

    Based on
“Contract Law of the PRC,” “Urban Housing Management Law of PRC,” “Shenzhen
Special Economic Zone on Lease of Houses” and its detailed implementation rules,
both parties to conclude the contract.

     

    Article
One.  Party A plan to rent houses located in Shenzhen,
___Futian___________
District _Room O-R,
Floor 23, Building A, Fortune Plaza Shennan Road.  Housing
(rooms) encoded _____________ Housing (hereinafter referred to as rental
housing) lease to Party B to use.  Rental housing a total of
_170.71____ square
meters floor area, building the total number of layers __28____.  Party A
_Weilin Tao___
rental housing.  Rental estate ownership certificate as proof
of their property rights (the right to use) the name and other valid documents,
number _30002603643, 3000260363,
3000260362___.

     

    
      
         


      

      
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    Article
Two.  Unit rental housing per square meter per month
RMB _13800___ yuan (I
capital:  yuan), the monthly total amount of rest RMB ____ Yuan
(in capital yuan).

     

    Article
Three.  Party B shall __2009_____ year
__August
16th___ month before to delivery the first phase of the
rent.  Amount of RMB __13800______ yuan (the
capital:  ______________ yuan).

     

    Article Four.  Party B
shall:

     

    __30___ Day before
per month.

     

    _____ Day
before per certain month per quarter.

     

    _____ Day
before per certain month per half year.

     

    _____ Day
before per month per year:  Pay rent to
Party A:  Party B shall issue a tax invoice while charge
rent.

     

    (Two
parties should work together to chose one from the above four ways, and mark “X”
in the month of the option.)

     

    Article
Five.  The rental period for Party B is from _2009__ year,
__August__ month,
_16th___ day
until _2011___ year,
_August___ month,
_15th__ day
end.  Period of the preceding paragraph shall not exceed the agreed
term for land use approval the excess if invalid.

     

    The
resulting loss, the two sides have agreed, act as agreement:  there is
no agreement, the owner bear the responsibility.

     

    Article
Six.  The use of rental houses:

     

    Party B
uses rental housing for other purposes, should subject to the written consent of
Party A and apply for the Housing department in charge of housing for
intended use, in accordance with relevant laws and regulations, changes can be
approved after permit.

     

    
      
         


      

      
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    Article
Seven.  Party A shall prior to Party B for use of the
leased house, and to through the transfer procedures before _2009__ year,
_August__ month,
_16th__ day.

     

    Article
Eight.  Party B fail to deliver the rental housing in the
preceding paragraph in time, Party B may request extended the duration of
the contract, both parties should sign in writing contract to confirm and report
to the registration authorities.

     

    Article
Nine.  When delivering of rental housing, both parties should
confirm the situations of current status of facilities, property and other
Subsidiary and set out in the attached supplementary page.

     

    Article
Ten.  Party A could charge _2__ months fees as
premium for lease, when delivering the rental
housing.  i.e.  RMB _27600__ yuan (la
capital:  yuan).  Party A shall open a receipt for
Party B after collecting down payment for lease.

     

    Party A
shall return the premium for lease under the condition that:

     

    1. 
 Once the term of
rent is due

     

    2.  ________________________

     

    3.  ________________________

     

    Meets
Only one of the conditions.

     

    All
meet

     

    (The two
parties should choose one option, and mark “x” in the Month.)

     

    Party A
may not return deposit under the following circumstances:

     

    1.  the term of rent is not
due

     

    2.  ______________________

     

    3.  ______________________

     

    
      
         


      

      
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    Article
Eleven.  Lease period.  Party responsible for payment
of rental housing by the use of the land use fees and taxes incurred on rental,
rental management fees, _____ fees.  Party B is responsible
for the timely payment of rental housing, utilities, health costs, housing
(building) management fees, _________________ fees incurred from the use of
rental housing and other costs.

     

    Article
Twelve.  Party A shall ensure that the delivery of rental
housing and ancillary facilities to achieve purpose of the lease, and to ensure
their safety compliance with the relevant laws, regulations or regulatory
requirements.  Due to intentional or negligent Party, led by the Party
in the rental housing within the personal or property
damage.  Party B has the right to request appropriate
compensation.

     

    Article
Thirteen.  Party B shall use reasonable rental housing and
ancillary facilities, and shall not engage in illegal use of rental housing on
the lessee, the national use of rental housing.  Party A shall
not interfere with or prejudice.

     

    Article
Fourteen.  Party B shall use the leased property in the
process, if not due to B fault, rental housing or its subsidiary or the
occurrence of facility to prevent security, damage or failure of normal use,
Party B shall promptly notify the Party and to take effective measures to
prevent possible further expansion of defects.  Party shall notify the
receiving Party B ___3___ days
after the repair or maintenance of straight commission on behalf of
Party B:  notify Party A or Party B can not be after
receiving the notice is not in the agreement time to perform maintenance
obligations, the registration authority for record contract on behalf of B will
be maintained.  Of any special emergency repairs to be carried out
immediately, first on behalf of Party B shall maintain and promptly inform
Party A.

     

    Provisions
of the above two cases occurred in maintenance costs including maintenance and
on behalf of Party B to prevent the defects due to expansion of the
reasonable costs incurred from the owner.  Obligations under the two
deficiencies failed to notice or to take effective measures possible, leading to
additional losses, the (expanded) part of the maintenance costs borne by the
Party B.

     

    
      
         


      

      
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    Article
Fifteen.  Improper or unreasonable use by Party B to use,
resulting in rental housing or its subsidiary or the occurrence of facility to
prevent security, damage or failure of such circumstances,

     

    Party B
shall promptly notify and repair or compensation.  Party B
refuses to repair or compensation may, after the registration authority for
record contract.  Party A on behalf of maintenance and related
maintenance costs borne by the Party B.

     

    Article
Sixteen.  Term of this Agreement, Party A or Party B
for rental housing for alternation, extension or renovation, both parties should
sign a written agreement.  The preceding paragraph, the value shall be
subject to approval of relevant departments as required, and should be submitted
for approval beforehand.

     

    Article
Seventeen.

     

    ___  Lease
period.  Party B may sublet all or part of the leased property to
others, and to the rental registration with the competent
authority.  But the sublease shall not exceed the term of the lease
contract.

     

    ___  Party B
shall not subject all or part of the leased property to
others.  However, the lease period, with a written
consent.  Party B present their written proof of the consent to
the sublease rental competent authority for registration.  But the
sublease shall not exceed the lease term of the contract.

     

      
X     Lease period.  Party B
shall not sublet all or part of the leased property to others.  (The
two parties should chose one option, and mark “X” in the month.)

     

    Article
Eighteen.  Term of this Agreement, Party A shall transfer
all or part of rental housing property, shall be one month prior written notice
to Party B.  Party B the Preemption under the same
conditions.

     

    Rental
housing for sale to others, Party A has the responsibility to inform the
transferee of the transfer of the contract continue to perform this
contract.

     

    
      
         


      

      
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    Article
Nineteen.  During the validity of the contract, one of the
following circumstances occur, allowing the removal or modification of this
contract:

     

    (____)
force majeure, so that the contract can not perform;

     

    (____)
requisition, acquisition, recovery or removal of rental housing;

     

    (____) A
consensus of both parties.

     

    Article
Twenty.

     

    One of
the following circumstances occurs, Party A may make the resulting
loss:

     

    (____)
Claim damage to Party B;

     

    (_X _) Non-refundable
rental deposit;

     

    (____)
Shall pay liquidated damages of _________ RMB yuan
(capital:  RMB).

     

    The three
methods selected by both parties, and mark “X” in the appropriate
month.

     

    (___)
Late payment of rent up to _15___ days (__half__ months)
or more by Party B.

     

    (___)
Party B’s late payment may result in the loss of outstanding fees up to
_4000_ yuan or
more.

     

    (___) the
use of lease house to conduct illegal activities, harm public interests or the
interests of others;

     

    (___)
Party B change the structure or use of rental housing;

     

    (___)
Party B violates the provisions of Article XIV of the contract, does
not assume responsibility for maintenance or to pay maintenance costs, resulting
in severe damage to housing or equipment;

     

    (___)
Party B renovated rental housing without consent and approval of
Party A and Departments;

     

    
      
         


      

      
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    (___)
Party B sublease the lease house to a third person;

     

    (___) In
addition, Party B held responsible for damages or breach of contract,
Party A could terminate the contract based on the above circumstances, or
make changes to the terms of the contract.

     

    Article
Twenty-one.  One of the following circumstances
occurs.  Party B may make the resulting loss of export to the
Party A:

     

    (____) to
claim damages;

     

    (__X_) Party B requests
double rental deposit refund;

     

    (____)
Party A to pay liquidated damages of RMB ______ yuan (in
capital:  ____ yuan.

     

    The three
methods selected by both parties, and mark “X” in the appropriate
month.

     

    (____)
Party A _____ days of delay in delivery of rental housing
(_____ months_) or more.

     

    (____)
Party has violated Article XI of the contract agreement, Party B can
not achieve the purpose of renting.

     

    (____)
Party A has violated the provisions of Article XIII of the contract,
does not assume responsibility for maintenance or to pay maintenance
costs;

     

    (____)
Party A reconstruction, expansion or renovation rental housing without the
consent or approval of Party B and certain Departments.

     

    In
addition, Party A held responsible for damages or breach of contract
damages, Party B can terminate the contract based on the above
conditions.  (Party B in access to compensation shall notify the
Party A and return the leased property) or make changes to the terms of the
contract.  Receipt of the notice from Party during compensation
period.  Party B without pay rent to Party.

     

    
      
         


      

      
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    Article
Twenty-two.  After the termination of this contract,
Party B shall shortly move out and return the rental housing within ___3___ days and
ancillary facilities to ensure the integrity which is normal wear and tear
excepted, while Party B shall bear the settlement o the fees and go through
the transfer procedures, Party B does not move out of rental housing or not
return, Party A has the right to recover rental housing, and the late part
of the party charged double rent.

     

    Article
Twenty-three.  The period of the lease contract expires,
Party B shall continue to lease rental housing should be before the expiry
of the least term.  _1__ months for
renewal requirements; in the same condition.  Party B shall have
priority to rent the rental housing.  Both parties agree on renewal
agreement should be re-entered into the contract and then to contract
registration office to register again.

     

    Article
Twenty-four.  Both parties must conscientiously perform the
terms of this contract, if one party break the contract, should bear the
liability for breach of contract accordingly.

     

    Article
Twenty-five.  Other issues in relation to this contract as
otherwise agreed in the attached as part of this contract, signed by both
parties after the contract has the same effect.

     

    More
agreement reached in the lease transaction of the content of the contract shall
be to the original contract registration authorities.  Agreement
registered with he contract has the same effect.

     

    Article
Twenty-six.  Disputes of this contract should be settled
through negotiations; negotiation fails, the registration authority can be
brought to the mediation of the contract; mediation fails, may apply
to:

     

      X 
  Shenzhen Arbitration Commission for arbitration;

     

    ___  China
International Economic and Trade Arbitration Commission for
arbitration;

     

    ___  People’s
court;

     

    Both
parties choose a dispute resolution above and mark X in the appropriate
line.

     

    
      
        
           


        

        
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    Article
Twenty-seven.  The contract shall be effective when
signed.

     

    Both
parties shall sign this contract within ten days from the date of registration
to the competent authority or record.


    Article
Twenty-eight.  Contract in Chinese version is the
original

     

    Article
Twenty-nine.  This contract __4___
copies.  Party A Executive ___1__
copy.  Party B Executive ___1__ copy;
authority of the registration executive ___1__ copy; the
relevant departments Executive ___1__ copy.

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  	
                                          Party
      A (Signature:

                                        	 
      	
                                          Weilin Tao

                                        
	 
      	 
      	 
      
	
                                          Legal
      Representative:

                                        	 
      	 
      
	 
      	 
      	 
      
	
                                          Phone:

                                        	 
      	
                                          13828839818

                                        
	 
      	 
      	 
      
	
                                          Bank
      account number:

                                        	 
      	 
      
	 
      	 
      	 
      
	
                                          Attorney
      (Signature):

                                        	 
      	 
      
	 
      	 
      	 
      
	 
      	 
      	
                                          2009

                                        	 	
                                          8

                                        	 	
                                          11

                                        
	 
      	 
      	
                                          Year

                                        	 	
                                          Month

                                        	 	
                                          Day

                                        
	 	 	 
	
                                          Party
      B (Signature:

                                        	 
      	
                                          Shenzhen ORB-Fortune New-Material Co.,
      Ltd

                                        
	 
      	 
      	 
      
	
                                          Legal
      Representative:

                                        	 
      	
                                          Yang Wang

                                        
	 
      	 
      	 
      
	
                                          Phone:

                                        	 
      	
                                          13714660035

                                        
	 
      	 
      	 
      
	
                                          Bank
      account number:

                                        	 
      	 
      
	 
      	 
      	 
      
	
                                          Attorney
      (Signature):

                                        	 
      	
                                          Tianqing Li

                                        
	 
      	 
      	 
      	 	 
      	 	 
      
	 
      	 
      	
                                          2009

                                        	 	
                                          8

                                        	 	
                                          25

                                        
	 
      	 
      	
                                          Year

                                        	 	
                                          Month

                                        	 	
                                          Day

                                        


                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

     

    
      
         


      

      
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