Document:

Exhibit
      10.8

     

    Equipment
      Purchase Agreement

     

    

    Purchaser       Jinzhou
      Halla Electrical Equipment Co., Ltd.

    Seller  Suzhou
      Tenuo Automation Co., Ltd.

    

    
      	
              1

            	
              Name:
                PMC automobile starter assembly line

            

    

    Specification:
      it is set forth in the equipment catalogue 

    Price:
      RMB1,603,000.00

    

    Name:
      commercial vehicle starter assembly line 

    Specification:
      see equipment catalogue

    Price:
      RMB1,665,000.00

    Total
      amount: RMB3,268,000.00

    

    
      	
              2

            	
              Technical
                standard and acceptance standard

            

    

    Technical
      standard: in accordance with the relevant Technical Agreement

    Acceptance
      standard: in accordance with the Technical Agreement at the Purchaser’s
      site

    

    
      	
              3

            	
              Effectiveness
                of contract

            

    

    This
      contract shall be effective from the signing date

    

    
      	
              4

            	
              Delivery
                date

            

    

    The
      contracted equipment shall be delivered to Purchaser’s factory before 31 May,
      2006.

    

    
      	
              5

            	
              Delivery
                means/place 

            

    

    Factory
      of the Purchaser

    

    
      	
              6

            	
              Technical
                information

            

    

    Along
      with delivery of the contracted equipment, all relevant operation manuals,
      maintenance instructions, drawings, electrical and pneumatic diagrams and their
      electronic files shall be delivered to the Purchaser

    

    
      	
              7

            	
              Warranty

            

    

    The
      warranty period shall be one year commencing from the date of
      acceptance.

    

    
      	
              8

            	
              Payment

            

    

    50%
      of
      the contract value (RMB1,634,000.00) shall be paid fifteen (15) days after
      signing of this contract, 45% of the contract value (RMB1,470,600.00) shall
      be
      paid fifteen (15) days after acceptance, while the remaining 5% (RMB163,400.00)
      shall be paid fifteen (15) days after one year the product is in use and remain
      in ordinary working conditions. 

    

    
      
         

      

      
        1

        
          

        

      

      
         

      

       

    

    
      	
              9

            	
              Confidentiality

            

    

    The
      Purchaser shall keep confidential information regarding samples and design
      provided by the Seller.

     

    
      	
              10

            	
              Breaches
                of the Contract

            

    

    Delivery
      shall be made in accordance with this contract. Any delay in delivery may result
      in a late fee in an amount of 0.2% of the sale price for each day after the
      stipulated delivery date set forth in this contract. 

    

    
      	
              11
                

            	
              Dispute
                Solution

            

    

    

    
      	
              12
                

            	
              Attachment

            

    

    The
      Technical Agreement is a part of this contract.

    

    
      	
              13
                

            	
              Miscellaneous
                

            

    

    

    Jinzhou
      Halla Electrical Equipment Co., Ltd.

    Seal

    

    Suzhou
      Tenuo Automation Co., Ltd.

    Seal

    

    Signature
      Date: 1 January, 2006

     

    2Unassociated Document

    Exhibit
      10.9

    Equipment
      Purchase Agreement

    

    May
      19,
      2005

    

    Between

    

    
      	
              The
                seller

              DMG
                meccanica

              Via
                Cagliari,14/a

              10090
                Cascine Vica- Rivoli (TO)

              Italy

              (Later
                called DMG)

            	
              and

            	
              The
                Buyer

              JINZHOU
                HALLA ELECTRICAL

              EQUIPMENT
                CO.,LTD

              No.
                16, Yulu Street, Jonzhou City,

              Liaoning
                P.R. C., China

              (Later
                called JHECO)

            

    

    

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    A.
      GENERAL
      DESCRIPTION

     

    The
      following Contract concern the supply of one winding/inserting machine and
      two
      specific tooling capable of processing alternators stators.

     

    For
      the
      purpose of this Contract, we have in our hands the following drawings and
      documentation:

     

    Stator
      model JFZ192C diameter 106.2 mm '

    • Lamination
      and Pack drawing: JA131A08501

    • Stator
      Assembly Drawings: JA100808501

    • Stator
      Winding Specifications: JM00A08502

    • Winding
      with reversed wave split phases with/without inter-Ease connection

    • Bare
      Wire
      diameter: 1.30mm (double insulation is used)

    

    Stator
      model JFZ192D diameter 106.2 mm 

    • Lamination
      and Pack drawing: JA131A08501

    • Stator
      Assembly Drawings: JAI 00808601

    • Stator
      Winding Specifications: JAI 00A08602

    • Winding
      with reversed wave split phases with/without inter-fase connection

    • Bare
      Wire
      diameter: 1.35mm (double insulation is used)

    

    Stator
      model JFZ1929C diameter 100.2 mm

    • Lamination
      and-Pack drawing: JA131A09501

    • Stator
      Assembly Drawings: JA100809501

    • Stator
      Winding Specifications: JAI 00A09502

    • Winding
      with reversed wave split phases with/without inter-fase connection

    • Bare
      Wire
      diameter: 1.16mm (double insulation is used)

    

    DMG
      guarantee the machine is able to wind and insert alternator stators with
      simultaneous insertion of the three phases with a slot fill up to 82% (square
      wire calculation method). DMG will do its best to prove 85% can be
      reached.

    

    

    B.
      TECHNICAL
      DESCRIPTION OF MACHINES AND TOOLING

     

    1.0 OP.
      20 -
      WAVE WINDING AND INSERTING

     

    1.1 Automatic
      Winding and Inserting Machine models WWA-0/R.

     

    The
      machine is composed by a central base in welded fabricated structure for
      supporting the double ends indexing arm and the attachments for one (1) winding
      module and one (1) vertical inserting module. The double ends indexing arm
      is
      utilized to transfer the two upper inserting blade pack tooling from the winding
      module to the inserting module and vice versa. The machine includes the
      following modules:

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    1.1.1 Vertical
      Wave Winding Module, designed to produce wave shaped coils.

     

    The
      winding head is composed of a rotor, which generates a polygonal coil, having
      a
      developed coil length (circle) between 800 mm. (31,5") and 1500 mm. (59").
      This
      rotor is composed of six (6) radial moving forms for supporting the stratified
      winding (precision layer) and six (6) pushers for coil internal forming. Both
      forms and pushers, by moving towards the center, generates a wave shape to
      the
      polygonal wound coil. This is then finally ejected into the upper blade pack
      tooling.

    The
      module has the following capabilities:

    - use
      of
      single or parallel wires

    - single
      or
      multiple layer of windings

    - programmed
      position for leads exit

    - programmed
      position for each winding on the upper blade pack tooling

    - any
      type
      of winding including:

    - traditional
      phases

    
      	 	
              -

            	
              reversed
                wave split phases with or without cutting the wire between the
                semi-phases

            

    

    
      	 	
              -

            	
              intra-bundle
                device to hide the exit lead of the internal phase. With this device
                the
                internal diameter of the stator will be clear from the presence of
                any
                lead

            

    

     

    1.1.2 Vertical
      Inserting Module for the automatic insertion of coils and closure wedges into
      the alternator stator pack.

    The
      wedge
      material is fed through a set of rollers at a programmed length, cut and formed
      into the wedge magazine.

    A
      single
      solid ring placed on the insertion axe, clamps the stator during the insertion
      cycle. This unit, along with the stator alignment gauge, guarantee a stiff
      and
      accurate positioning of the stator during the insertion process. The clamping
      bracket is pneumatically operated, the alignment gauge is manually operated.
      The
      transfer of the upper blade pack tooling with the wound coils from the winding
      to the insertion module and vice versa is done automatically with a double
      ends
      indexing arm. Loading and unloading operations of the stator are manually
      performed. DMG has to provide a heating device to keep the wedge material warm
      in winter time. JHECO to provide a reference.

     

    SPECIFIC
      TOOLING

     

    1.2 Complete
      Set of Specific Tooling to be mounted on the above machine mod. WWA-O/R for
      only
      one alternator stator type with 36 slots, including:

     

    
      	 	
              -

            	
              one
                (1) lower inserting tooling complete with wedge preparation, wedge
                magazine and wedge push rods

            

    

    
      	 	
              -

            	
              two
                (2) upper blade pack inserting tooling (one per operating
                station)

            

    

    
      	 	
              -

            	
              one
                (1) stator alignment gauge and clamping
                tooling

            

    

    
      	 	
              -

            	
              one
                (1) set of six (6) forms and six (6) pushers for winding
                form

            

    

    
      	 	
              -

            	
              one
                (1) set of coil ejector

            

    

    The
      tooling is complete with quick change and set-up device.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    2.0 OPTIONS
      AND/OR ADDITIONS: 

     

    2.1 SPARE
      and
      WEAR PARTS

     

    Should
      the Customer order the proposed line, the detailed list relevant to the Spare
      and Wear parts estimated necessary for a period of 2,000 working hours and
      covering the total amount shown, will be submitted for approval. The parts
      will
      be then delivered with the line.

     

    

     

    2.2
       PACKING

     

    The
      investment shown is for seaworthy type packing. 

     

    

     

    2.3 OPERATOR
      TRAINING AND MANUALS

     

    For
      the
      Training of your Operators we estimate it will involve four days period: two
      days in Italy before the shipment of the line and a two days in your Plant,
      after the line has been installed. This will include:

     

    a. Overall
      equipment operation

     

    b. Individual
      station operation

     

    c. Equipment
      tooling change over

     

    d. Equipment
      trouble shooting

     

    e. Material
      loading

     

    

     

    It
      would
      be the Customer choice to send Operators or Maintenance Technicians to DMG
      for
      longer period that the one foreseen above, specifically during the debugging
      and
      preliminary tests of the line. No additional costs will be charged to the
      Customer for this during the time in Italy.

     

    Part
      of
      this, are the Operator and Maintenance Manuals in English Language.

     

    2.4 INSTALLATION
      and START-UP

     

    Installation
      Supervision and Start-up of the Line in your Plant. This will
      involve:

     

    a. Check
      Station Alignment

     

    b. Manual'
      operation try-out of every station.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

       

    

    c. Automatic
      try-out of every station and complete system.

     

    
      	 	
              d.

            	
              All
                debugging, including PLC, pneumatics, hydraulics, tooling, etc.,
                related
                to the above.

            

    

     

    e. Product
      try out and bringing the quality to the point of acceptance in
      Italy.

     

    
      	 	
              f.

            	
              Run
                off and Customer acceptance of the line to the same standards and
                overall
                efficiency as were met in Italy.

            

    

     

     

    Items
      that we cannot assume responsibility for are:

     

    a. Time
      required to repair damaged parts during shipment.

     

    
      	 	
              b.

            	
              Try-out
                of every new materials that were not used during the acceptance tests
                in
                Italy.

            

    

     

    The
      estimated total time required would be approx. 8 man/days including traveling
      time. If additional time is required, this will be charged at our standard
      service rates.

     

     

    2.5 TRANSPORT
      CIF DALIAN

     

    The
      investment shown is for transport CIF Dalian Port (China).

     

     

    
      	
              C.1

            	
              INVESTMENT
                SUMMARY FOR THE WINDING/INSERTING MACHINE MOD. WWA-0/R SHOWN IN LAYOUT
                A

            

    

     

    Prices
      in
      EURO 1.0 

     

    
      
        
          	
                  1.0

                	
                  Wave
                    Winding and Inserting

                

        

      

      
        	
                1.1

              	
                One
                  (1) Automatic Wave Winding and Inserting Machine mod. WWA-0/R,
                  without
                  specific tooling. The machine is complete
                  with:

              

      

      
        1.1.1 One
          (1)
          Vertical Wave Winding Module

        1.1.2 One
          (1)
          Vertical Inserting Module 275.000,00

      

      
        
          	
                  1.2

                	
                  Two
                    (2) Complete Set of Specific Tooling for 
                    one
                      stator type with 36 slots155.000,00

                  

                

        

      

      
         

      

    

    
      

    

     

    INVESTMENT
      (Machine and Tooling)EURO
      430.000,00

     

    MACHINE
      PROMOTIONAL DISCOUNT 5%-EURO
      13.750,00

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    
      	TOOLING PROMOTIONAL DISCOUNT 10%	
              -EURO
                15.500,00

            
	 	 
	NET INVESTMENT (Machine and
              Tooling)	
              EURO
                400.750,00

            

    

     

    
      

    

     

    2.0 OPTIONS
      and/or ADDITIONS:

     

    2.1 Spare
      and
      Wear Parts

    Spare
      and
      Wear Parts estimated necessary for approx. 2000 working hours10.000,00

     

    2.2 Packing 

    Packing
      for road/sea transportation3.000,00

     

    2.3 Operator
      Training 

    Operator
      Training in DMG and at Customer Plant, including maintenance 

     

    manuals
      3.000,00

     

    2.4 Installation
      and Start Up 

    Installation
      and Start Up in Customer Plant7.000,00

     

    2.5 Transport
      CIF Dalian Port

    Transport
      CIF Dalian Port (China)7.250,00

     

      
        

      

    

    INVESTMENT
      (Options and/or Additions)EURO
      30.250,00

    
      

    

     

    
      

    

     

    
      	C.1	TOTAL INVESTMENT FOR THE COMPLETE
              SYSTEM WITH SHOWN IN LAYOUT AEURO
              	
               431.000,00

            
	 	PROMOTIONAL 32% DISCOUNT-EURO	
               138.000,00

            
	 	TOTAL NET INVESTMENT CIF DALIANEURO
              	
               293.000,00

            

    

     

    
      

    

     

    D. TECHNICAL
      STANDARD FEATURES

     

    1. CAPACITY

     

    The
      proposed System will be capable of producing alternator stators within the
      following range:

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    Wire
      size
      :  1 to 2.0
      mm

     

    Core
      ID
      :  80 to 115
      mm

     

    Core
      OD:  110 to 150
      mm

     

    Core
      thickness : 20 to 50
      mm

     

    2. PRODUCTION
      RATES

     

    Estimated
      cycle times not including operator loading/unloading operation:

     

    •
      Winding/inserting Machine mod. WWA-0/R:

     

    - winding
      3
      standard phases     :
      12 x 3
      = 36 seconds

     

    - winding
      3
      reverse split phases with intefase connection :
      16 x 3
      = 48 seconds

     

    - winding
      3
      reverse split phases without intefase connection  :
      20 x 3
      = 60 seconds

     

    The
      above
      cycle times gives the following production rates at 100%
      efficiency:

     

    • 100
      to
      110 complete stators with standard phase winding

     

    • 75
      to 80
      complete stators with reverse split phase winding with intefase
      connection

     

    
      	 	
              •

            	
              60
                to 65 complete stators with reverse split phase winding without intefase
                connection

            

    

     

    3. TOOLING
      CHANGE-OVER TIMES

     

    Estimated
      complete tooling change-over times:

     

     

    
      	 	• Winding/Inserting
              Machine mod. WWA-01R	
              :
                22-25 minutes

            

    

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    4. WORKING
      CONDITIONS

     

    Proper
      equipment function is guaranteed within the following conditions:

     

    
       

      
        	 	
                Ambient
                  Temperature:

              	
                
                  from
                    60°F (15°C) min. to 86°F (35°C)
                    max.

                

              

      

      
         

        
          	 	
                  Relative
                    Humidity:

                	
                  
                    from
                      45% min. to 80% max.

                  

                

        

         

      

    

    
      
        
          
            
              	 	
                      Air
                        Pressure:

                    	
                      
                        70
                          PSI (5 Bars) min.

                      

                    

            

             

          

        

        
          	 	
                  Power
                    Supply:

                	
                  
                    380V
                      3 phases 50Hz

                  

                

        

         

      

    

     

    5. CONTROLS

     

    The
      proposed equipment will include Control PLC from Allen Bradley type MICROLOGIX
      or CONTROLOGIX

     

    6. TECHNICAL
      DOCUMENTATION

     

    The
      technical documentation is supplied in English language and
      includes:

     

    - electrical
      schematics

     

    - pneumatic
      schematics

     

    - mechanical
      machine layout with part numbers

     

    - tooling
      drabrings

     

    - PLC
      software (CD Rom)

     

    - User
      manual

     

    - Standard
      components catalogues

     

    7. STANDARDS

     

    The
      proposed equipment will include the following standards. Please see the
      following "Technical Card"

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

    

     

    date:
      May
      2005 TECHNICAL
      CARD Customer:
      JHECO - CHINA

     

    
      	
              ELECTRICAL
                SYSTEM

            	
              STANDARD
                FEATURES

            
	
              Line
                voltage

            	
              To
                be advised

            
	
              Relays
                and aux. voltage

            	
              24
                V D.C.

            
	
              PLC
                input voltage for micro switches, push buttons, etc.

            	
              24
                V D.C.

            
	
              PLC
                output voltage for lights, etc.

            	
              24
                V D.C.

            
	
              PLC
                output voltage for pneumatic valves (PN)

            	
              24
                V D.C.

            
	
              PLC
                output voltage for hydraulic valves (HY)

            	
              24
                V D.C.

            
	
              PLC
                type

            	
              ALLEN
                BRADLEY

            
	
              Aux.
                material

            	
              ALLEN
                BRADLEY

            
	
              Push
                buttons

            	
              ELFIN/TELEMECANIQUE

            
	
              Micro
                switch

            	
              Mechanical:
                EUCHNER/TELEMEC.

              Proximity
                switches with led: BALLUF

            
	
              Brushless
                Motors and Servo Drives

            	
              ALLEN
                BRADLEY

            
	
              Axes
                Motor Control Card

            	
              ALLEN
                BRADLEY

            
	 	 
	
              HYDRAULIC
                SYSTEM

            	
              STANDARD
                FEATURES

            
	
              Materials
                - Valves 24V D.C.

            	
              N.A.

            
	
              Cylinders
                

            	
              N.A.

            
	
              Cylinder
                rod thread

            	
              N.A.

            
	
              Fittings
                thread

            	
              N.A.

            
	
              Fittings

            	
              N.A.

            
	
              Connectors
                with led

            	
              N.A.

            
	
              Pipe
                f

            	
              N.A.

            
	 	 
	
              PNEUMATIC
                SYSTEM

            	
              STANDARD
                FEATURES

            
	
              Materials
                - Valves 24V D.C.

            	
              BOSCH

            
	
              Cylinders

            	
              BOSCH

            
	
              Cylinders
                rod thread

            	
              Metric

            
	
              Fittings
                thread

            	
              Gas
                BSPP

            
	
              Fittings
                (with quick clutch)

            	
              BOSCH

            
	
              Magnetic
                sensor with led

            	
              Yes

            
	
              Pipe
                f
                (mm)

            	
              Yes

            
	
              Connector
                with led

            	
              Yes

            
	 	 
	
              PAINTING

            	
              STANDARD
                FEATUES - COLOURS

            
	 	
              Internal RAL external RAL

            
	
              Machine

            	
              Ivory

            
	
              Electrical
                box in/out

            	
              gray

            
	
              Electrical
                small box

            	
              Gray   gray

            
	
              Electrical
                push button panel

            	
              Ivory   ivory

            
	
              Other
                Boxes

            	
              Ivory   ivory

            
	
              Raceway

            	
              Gray   gray

            
	
              Moving
                parts

            	
              Yellow  1018

            
	
              Fixed
                safety parts

            	
              Ivory

            
	 	 
	
              NAMEPLATES
                LANGUAGE: ENGLISH

            	 

    

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

    E. GENERAL
      TERMS AND SALES CONDITIONS

     

    PAYMENT
      TERMS

    Prices
      are based on the following investment terms :

    
      	
              40%

            	
              down
                payment by TIT with the Purchase Order within 15 days from the signature
                of the Contract. DMG's opening Bank has to open a guarantee letter
                to the
                buyer's opening Bank by SWIFT method with a validity to cover the
                manufacturing period until the
                shipping.

            

    

    
      	
              50%

            	
              upon
                preliminary approval by the buyer and/or upon presentation of shipment
                documents.

            

    

    
      	
              10%

            	
              upon
                final approval in Customer_ plant, no later than 40 days from the
                arrival
                of the equipment at Dalian Port

            

    

    DMG’s
      opening Bank has to open a guarantee letter for the 10% to the buyer's opening
      Bank by SWIFT method with a validity to cover the warranty period.

    

    These
      last two payments must be secured by Irrevocable Letter of Credit issued and
      confirmed by first class Bank.

    DMG's
      opening Bank must also be first class Bank.

    

    Should
      the Customer require other investment Terms than those proposed, a price
      revision will be necessary.

    

    BEGINNING
      of PRELIMINARY ACCEPTANCE at DMG Plant

    To
      be
      agreed upon.

    At
      present, term it is 4 MONTHS (excluding the month of August) from receipt of
      full order and clarification of all technical documentation.

    Delivery
      date is one-two weeks after the preliminary acceptance signature.

    

    PRELIMINARY
      ACCEPTANCE

    The
      preliminary acceptance of the equipment will take place at the DMG plant at
      the
      presence of your engineers proving:

    - 85%
      efficiency over approx. 1 hours running.

    - Machine
      cycle time according to the contract

    - Quality
      of the stators according to the supplied drawings

    The
      necessary testing materials (250 parts 1D 106.21150 parts ID 100.21 wire/wedge
      material) have to be shipped to DMG (at YOUR CHARGE and EXPENSE) at least 60
      days before the term scheduled for preliminary acceptance, which will consist
      in
      the manufacturing of samples for quality control and in the running for
      production control.

    It
      would
      be Customer's responsibility to provide good quality of the parts necessary
      for
      the run off. Proper material for this application should be used by Customer
      in
      order to guarantee the same condition during the stator winding process. All
      gauges and inspection equipment necessary for the try-out of this system would
      also be the responsibility of the Customer.

    Before
      shipment of the equipment from DMG Plant, the Customer would be requested to
      provide acceptance documentation and shipment authorization.

    DMG
      will
      pay the living expenses for two (2) JHECO engineers during the preliminary
      acceptance for a period of 5 working days. JHECO will pay the air
      tickets.

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    
 

    FINAL
      ACCEPTANCE

    Final
      acceptance of the equipment will take place at the Customer Plant, utilizing
      the
      same good quality of the parts to be processed and of the material, in order
      to
      guarantee the conditions of the tests as when tested in DMG plant.

    At
      the
      acceptance of the equipment, the Customer would be requested to provide
      acceptance documentation. This will be the starting date of the twelve months
      warranty.

    AFTER
      SALES SERVICE

    Under
      normal conditions, DMG after sales service guarantee, the availability of one
      technician within 3 days.

    

    PACKING
      AND TRANSPORT

    Please
      see point 2.2 and 2.5.

    Packing
      is "throwaway" type and, unless otherwise agreed upon, it will be considered
      by
      DMG to be workman-like constructed. Any reservation from the Carrier at time
      of
      loading, MUST be presented in writing. The transportation of the equipment
      CIF
      Dalian is included in the Contract. DMG will choose the most suitable Carrier
      unless otherwise stipulated. JHECO is responsible for unloading, positioning
      and
      connecting the equipment to the necessary facilities. Customs operations and
      possible taxes or import duties are EXCLUDED from this quotation. Insurance
      costs are included as per CIF.

    

    PERSONNEL
      TRAINING

    Please
      see point 2.3.

    Training
      will take place at the end of preliminary acceptance at the DMG plant, and
      at
      the end of final acceptance at Customer plant.

    

    ACCIDENT
      PREVENTION

    All
      DMG
      machines are equipped with accident prevention features in compliance with
      the
      International Safety Norms and CE Regulations, actually in force.

    Based
      on
      the different evaluation criteria of these Norms, it is possible to have safety
      guarding built according to Customer Specifications: this would involve
      additional cost, which could be quoted separately.

    Doors
      whose opening is prohibited during machine cycle (other than the ones to gain
      access for adjustment or set-up), are equipped of inter-lock type switches
      (considered standard). Would special technical requirements be necessary,
      additional cost(s) may be separately quoted.

    

    WARRANTY

    The
      equipment is guaranteed against mechanical and electrical failures due to
      breakdown arising from bad workmanship, materials or components and providing
      that the equipment has been subjected to normal wear and tear, replacement
      parts
      will be supplied free of charge for a period of twelve months or 2,000 working
      hours from completion of commissioning a Customer's plant whichever come first.
      Minor adjustment or repairs will be carried out by the end-user itself under
      advise of seller’s service engineering department. No costs to be charged to the
      seller other than replacement parts. 

    Component
      not manufactured and/or designed by DMG will carry its original manufacturer's
      warranty. DMG will not be liable for penalties of any description, under no
      circumstances will DMG be liable for anticipated profits or consequential
      damages.

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

     

    DEVIATIONS
      from CONTRACT REQUIREMENTS

    This
      contract was prepared using the information made available at the time of its
      signature. Should DMG be advised during subsequent discussions of additional
      information which causes a significant change in the System concept, DMG
      reserves the right to re-quote on the changes brought forth.

    

    ARBITRATION

    All
      disputes arising from the execution of or in connection with the Contract shall
      be settled through amicable consultation by both parties. In case no settlement
      can be reached within sixty (60) days after commencement of such consultation,
      the disputes shall be submitted for international arbitration. Unless otherwise
      agreed, the official language of arbitration shall be English.

    

    EXCLUSIVITY

    The
      information contained in this contract and enclosures thereof, is and remains,
      of DMG Meccanica SRL exclusive property, including all copyrights, designs,
      patent and trademark rights therein. The person, persons or corporation
      receiving this information agrees, by accepting it, that they or it shall treat
      the information as confidential and will not disclose, transmit or pass the
      same
      to others without receiving the prior written consent of DMG Meccanica SRL.
      Any
      publishing and/or authorization made by third person, will be considered by
      the
      industrial property right as harmful.

    Signing
      this contract JHECO engage itself in not transfer to anybody the commercial
      and
      price condition agreed with DMG.

     

    For
      and
      on behalf of:

    

    
      	
              The
                seller

            	
              The
                Buyer

            
	
              DMG
                meccanica

               

               

              /s/
                Piero Vanzetti

            	
              JINZHOU
                HALLA ELECTRICAL

              EQUIPMENT
                CO., LTD

               

              /s/
                Wu Bingjun

            

    

    

    
      
        
        

      

      
        12

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