Document:

Exhibit 10.24

Exhibit 10.24

10.24 Contract of Offering Technology Design, Key Equipments, Materials and

Technique Service for Effluent Disposal Project

Party A: Shandong Xiangrui Pharmacy Co., Ltd (the “Company”)

Party B: Park Environment Protection Technology (Shanghai) Co., Ltd

	•	 	Main Content:

	 	•	 	The contract is entered for Party A’s effluent disposal project.

	 
	 	•	 	Party A would be in charge of the whole management for the project’s
construction.

	 
	 	•	 	Party B would be in charge of offering technology design, key equipments,
materials and technique service.

	 
	 	•	 	The function test would be made by the parties together.

	•	 	Party B Offering:

	 	•	 	Technology design package;

	 
	 	•	 	Key equipments for the project;

	 
	 	•	 	Information & handbook of the technology design package;

	 
	 	•	 	Technique service on-the-spot

	•	 	Contract Price

	 	•	 	Party A would pay Party B RMB 17,900,000 as the sum of the service
contract.

	 
	 	•	 	20% of the amount would be paid by Party A no longer than 15 days since the
contract was signed.

	 
	 	•	 	10% of the amount would be paid by Party A in 2 weeks after the whole
technology design package was delivered by Party B.

	 
	 	•	 	22.5% of the amount would be paid by Party A in 2 weeks after the first
notice of sending equipments was send out by Party B.

	 
	 	•	 	17.5% of the amount would be paid by Party A in 2 weeks after the second
notice of sending equipments was send out by Party B.

	 
	 	•	 	10% of the amount would be paid by Party A in 2 weeks after the third
notice of sending equipments was send out by Party B.

	 
	 	•	 	5% of the amount would be paid by Party A before the starting of the IC
reactor and after the IC reactor was installed by Party B.

	 
	 	•	 	5% of the amount would be paid by Party A before the starting of the
ANAMMOX reactor and after the ANAMMOX reactor was installed by Party B.

	 
	 	•	 	5% of the amount would be paid by Party A in 2 weeks after the whole system
was checked as qualified.

	 	•	 	5% of the amount would be paid by Party A in 2 months when the quality
assurance term was expired.

 

 

 

	•	 	Delivery

	 	•	 	Delivery Place: Party A’s project scene site.

	 
	 	•	 	Delivery of the technology design package: no longer than 30 days since the
contract was signed.

	 
	 	•	 	Delivery of the key equipment: no longer than 90 days since the contract
was signed for IC reactor, standpipe, and PLC system; no longer than 180 days since
the contract was signed for ANAMMOX reactor; no longer than 240 days since the
contract was signed for denitration sand filter.

	•	 	Warranty and Breach of Contract

	 	•	 	Party B promises that the technology is advanced and well-rounded and the
equipments are new and well-qualified. Party B shall offering whole information of
the technology.

	 
	 	•	 	Party B promises that their staffs are healthy, experienced and competent.
Any lost caused by the mistakes made by Party B’s staff would be totally compensated
by Party B.

	 
	 	•	 	Any defects of equipments or materials caused by Party B shall be remedied
by Party B.

	 
	 	•	 	Party B should pay 0.5% of the amount of the delayed goods as penalty when
the delay of good delivery was caused by Party B.

	 
	 	•	 	Party A should pay 0.5% of the amount of the delayed payment as penalty
when the delay of payment was caused by Party B or the delay of good delivery was
caused by Party A.

	 
	 	•	 	Party A is entitled to terminate the contract when the delay of good
delivery caused by Party B is more than 8 weeks.

	 
	 	•	 	Party B is entitled to terminate the contract when the delay of payment
caused by Party A is more than 8 weeks.

	•	 	Function test

	 	•	 	The function test should be completed no longer than 3 months since the
biology project started.

	•	 	Headlines of the articles omitted

	 	•	 	Force Majeure

	 
	 	•	 	Confidential Clause

	 
	 	•	 	Dispute Settlement

	 
	 	•	 	Miscellaneous

	 
	 	•	 	Effectiveness

	 
	 	•	 	Validity

	 
	 	•	 	AttentionExhibit 10.25

Exhibit 10.25

10.25 Form of Labor Contract

Party A (Employer)

Name:                                         

Legal representative:                                         

Registered address:                                         

Party B (Employee)

Name:                                         

Gender:                                         

ID card No.:                                         

Current residence:                                         

Registered Permanent Residence:                                         

Post Code:                                         

Connect Phone:                                         

According to the provisions of the Labor Law and Labor Contract Law of the People’s Republic of
China and as well as relevant laws and regulations, the Parties enter into this contract on the
base of equality, voluntaries and consensus and accordingly comply with the following terms and
conditions.

I. Contract Term (No.                     )

1. Both parties choose fixed term to ascertain the contract term.

The term shall commence on                      and ends on                     .

2. The contract term is not fixed.

II. Working Content and Working Place

1. According to the working requirements of Party A, Party A arranges Party B to work in (the
working place)                      as (position)                     . The working site and position could
be changed upon mutual consensus of both parties.

 

 

 

2. Party B should work according to the contract provisions and the requirement of Party A
conscientiously, should finish the work task fully and timely, and should take care of the work
instruments and tools.

III. Working Time

Party A and Party B choose type _____ as Party B’s working time:

a. Standard working time;

b. Comprehensive calculated working time;

c. Variable working time.

IV. Employ Payment

1. The wage of Party B is RMB
 _____ Yuan/Month during probation period.

2. After the probation period, according to Party A’s system of employ payment, Party B would carry
out type _____ as reward:

a. hour wage: Party B’s wage would be consisting of the following parts: _____. Party B’s payment
shall be changed according to working site, working type, working position and working content.

b. piece wage: RMB _____ Yuan per piece.

c. others: _____ 

3. Party A would pay the wage of Party B monthly, the payoff day of wages is 10th per
month. Party A could not freeze or withhold Party B’s wages unreasonably, and could not violate the
state regulation about lowest employ payment.

V. Social Security Insurance & Welfare

Party A should pay the fees of the basic social security insurance for Party B, such as endowment
insurance, unemployment insurance, medical insurance, employment injury insurance and maternity
insurance according to the state & local laws and regulations on social security insurance. The
part of insurance fee which should be paid by individuals could be withdrawn from Party B’s wages
by Party A.

 

 

 

Party A:

the Company (company seal):

Legal Representative (or Authorized Representative):

Party B: the Employer (signature or seal):

Date:                                         

	 
	Headlines of the articles omitted

	 	•	 	Working Protection and Occupational Disease Protection

	 	•	 	Dispute Settlement

	 	•	 	MiscellaneousExhibit 10.26

Exhibit 10.26

10.26 Patent License Agreement between Xiangrui Pharmacy and Ruixing

Group Co., Ltd.

Party A: Ruixing Group Co., Ltd.

Party
B: Shandong Xiangrui Pharmacy Co., Ltd. 

	•	 	General Information

	 	•	 	Pursuant to the contract entered on January 1, 2009, Ruixing Group licensed
the Company to use the patent owned by Ruixing Group with a Patent Number of ZL
200320121543.6 and name of Upflow Anaerobic Sludge Blanket.

	 	•	 	The term shall be from January 1st, 2009 to January 1st, 2019.

	 	•	 	The price for the patent license is free of charge.

	•	 	Headlines of the articles omitted

	 	•	 	Dispute Settlement

	 	•	 	Breach of the Agreement

	 	•	 	MiscellaneousExhibit 10.27

Exhibit 10.27

10.27 Transportation Vehicle Lease Agreement between Xiangrui Pharmacy 

and Shandong Ruyin Bio-chemical Co., Ltd.

Party A (Leasor): Shandong Ruyin Bio-chemical Co., Ltd.

Party
B (Leasee): Shandong Xiangrui Pharmacy Co., Ltd. 

	•	 	General Information

	 	•	 	Pursuant to the contract Xiangrui Pharmacy rent vehicles from Runyin
Bio-chemical.

	 	•	 	The rent shall be RMB 100 per vehicle and RMB 1 per kilometer for each day.
The rent shall be paid once each month.

	 	•	 	The maintenance, insurance, driver and toll cost shall be on Runyin
Bio-chemical.

	 	•	 	Xiangrui Pharmacy shall pay the rent before the 10th of next
month.

	 	•	 	Either party shall not rescind this agreement without counterpart’s
consent.

	•	 	Headlines of the articles omitted

	 	•	 	Dispute Settlement

	 	•	 	Breach of the Agreement

	 
	 	•	 	MiscellaneousExhibit 10.28

Exhibit 10.28

10.28 Steam Purchase Agreement between Xiangrui Pharmacy and 

Shandong Ruyin Bio-chemical Co., Ltd.

Party A: Shandong Ruyin Bio-chemical Co., Ltd.

Party
B: Shandong Xiangrui Pharmacy Co., Ltd. 

	•	 	General Information

	 	•	 	Pursuant to the contract Party A shall purchase steam from Party B.

	 	•	 	The price shall be RMB 113 per ton.

	 	•	 	The term shall be from January 1, 2009 to December 31, 2014.

	 	•	 	Party shall pay the steam before 5th of the next month.

	•	 	Headlines of the articles omitted

	 	•	 	Dispute Settlement

	 	•	 	Breach of the Agreement

	 	•	 	Miscellaneous

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