Document:

Exhibit 10.12

 

Project Construction Agreement

 

Party A: Investment Promotion Bureau of Fengyang County

 

Party B: Anhui Renrenjia solar energy Co., Ltd.

 

		1.	Basic project information

Name of the project:
Renrenjia flat panel solar power water heater system, air energy water heater system and ancillary products

Content of the project:
manufacture of flat panel solar power water heater system, air energy water heating system and ancillary products

Construction site:
Technology industry zone, Fucheng town, Fengyang County

Investment size:
Total investment amount should not be less than 1.2 billion Yuan, it is party B’s responsibility to raise the capital for
overall construction of project. The minimum investment amount per mu is 1.5 million Yuan.

Construction Period:
From May, 2013 to August, 2014.

 

		2.	Land use right transfer

		1)	According to the state’s regulations of the construction land of use, Land and resources
bureau of Fengyang County should transfer 500 mu of land to Party B for the project construction.

		2)	The nature of the land use is for industrial only, land use right is 50 years.

		3)	According to the regulations, land use right transfer has to go through tender, auction and listing
process in order to achieve paid transfer. Listing process applies for this industrial land at 56,000 per mu.

 

		3.	Party A’s rights and obligations

		1)	During the cooperation of both parties, Party A has the right to supervise Party B to fulfill its
obligations written in this agreement, and demand for correction if Party A found that Party B is not act according to its obligations.

		2)	In accordance with the regulations of the Fengyang County regarding helping Party B according to
its needs, Party A should help Party B in all aspects of the related administrative procedures, coordinate and solve the problems
occur during the construction period.

		3)	Before Party B starts construction, actively coordinate with local departments to lay the basic
infrastructures, such as water, electricity, gas and communication to the construction site.

		4)	Preferential policies: In coordinate with financial bureau of Fengyang County, the local retained
portion of the paid VAT and income tax by the Party B two years prior to move into the zone 100% pay back to the Party B. 50% of
the local retained portion of the paid VAT and income tax will reward to Party B in the next 3 years. 7 days after completion of
the main plant, the financial bureau will pay 46,000 Yuan per mu to Party B as the reward.

 

    	 

    	 

    

 

		4.	Party B’s rights and obligations

		1)	Within 30 days after signing this agreement, Party B has to submit the construction plan to for
feasibility study and approval.

		2)	Party B has to seriously in coordinate with the requests of the Fengyang County government, submit
project application, site selection, environmental analysis and project construction reports to County level development and reform
commission, land and resource bureau, environmental protection bureau and construction bureau, and obtain approval certifications.

		3)	Party B has to implement the construction plan in strict coordinate with the approved plan to ensure
the project complete on schedule.

 

		5.	Liabilities for breach of agreement

		1)	The construction should be postponed accordingly if it is caused or affected by Party A’s
work.

		2)	If Party B does not perform the obligations according to the agreement in the aspects of total
investment amount, investment density and completion date, Party B should not receive any preferential policies. If the project
discontinue, the land and resource bureau of Fengyang County will take back the land according to the law.

		3)	Party B should start construction according to the agreement, if not start in three months, Party
A will issue written notice, if the main plant has not yet start construction in six months after the starting date in this agreement,
and negotiation false, Party A has right to cancel this agreement.

 

		6.	Force Majeure

Due to the force
majeure or other incidents, this agreement can’t execute, agreed upon by both parties, this agreement can be terminated or
alter the related content.

 

    	 

    	 

    

 

		7.	Resolution of disputes

Disputes occurs
during the performance of this agreement can be settled by friendly negotiation. If the negotiation false, it would submit to Chuzhou
City arbitration institution for settlement.

 

	Party A:	 	Party B:
	 	 	 
	 	 	 
	Signature	 	Signature
	 	 	 
	 	 	 
	Seal	 	Seal

 

28/02/2013Exhibit 10.13

 

EMPLOYMENT AGREEMENT

 

THIS EMPLOYMENT AGREEMENT (the “Agreement”)
is made and entered into this, 2015 by and between XXX (the “Company”), a XXX corporation with an address at XXX and
XXX, an individual with an address at XXX (the “Executive”), with reference to the following facts:

 

RECITALS

 

WHEREAS, the Company desires to employ
Executive and to ensure the continued availability to Company of Executive’s services, and Executive desires to accept such
employment from the Company and render such services, all in accordance with and subject to the terms and conditions herein set
forth;

 

NOW, THEREFORE, in consideration of the
promises and of the mutual covenants contained herein, and for other good and valuable consideration, receipt of which is hereby
acknowledged, the Company and Executive do hereby agree as follows:

 

AGREEMENT

 

1. Term of Employment. 

 

1.01.Specified Term. The Company
employs Executive, and Executive accepts employment with the Company, for a period of one year beginning on January 25, 2015, and
ending on January 24, 2016. This Agreement shall be automatically renewed for additional one year terms unless either party provides
the other with written notice not to renew, not less than one month prior to the end of the then existing term.

 

1.02.Earlier Termination. This Agreement
may be terminated earlier as hereinafter provided.

 

1.03.Continuing Effect. Notwithstanding
any termination of this Agreement except for termination under Section 7.02, at the end of the Term or otherwise, the provisions
of Sections 10 and 11 shall remain in full force and effect and the provisions of Section 11 shall be binding upon the legal representatives,
successors and assigns of the Executive.

 

2. Duties and Obligations of Executive. 

 

2.01.Title and Description of Duties.
Executive shall serve as a financial advisor to the Company until such time as the Company obtains Directors and Officers Insurance
(“D&O Insurance”). Upon the Company obtaining D&O Insurance, Executive shall serve as the Company’s Chief
Financial Officer (“CFO”) or Chief Operating Officer (“COO”). The Company is presently engaged in negotiations
with a U.S. public company (“Pubco”) pursuant to which the Company may enter into a merger, share exchange or similar
form of business combination with Pubco whereby the Company will become a wholly-owned subsidiary of Pubco and the shareholders
of the Company will receive shares of Pubco common stock constituting a majority of Pubco’s then outstanding common stock.
In such event, this Employment Agreement will be assumed by Pubco and the Executive shall provide the duties hereunder on behalf
of Pubco. Alternatively, if requested by Pubco, Executive shall enter into a new agreement with Pubco on similar terms. Hereunder,
Executive shall do and perform all services, acts, or things necessary or advisable to fulfill the duties of a financial advisor
or CFO/COO, as applicable, and shall at all times be subject to the direction of the Company’s Chief Executive Officer (“CEO”),
and to the policies established by the Company’s Board of Directors.

 

    	 	Page 1 of 9

    	 

    

 

EMPLOYMENT AGREEMENT

 

2.02.Loyal and Conscientious Performance
of Duties. Executive agrees that to the best of his ability and experience he will at all times loyally and conscientiously
perform all of the duties and obligations required of him either expressly or implicitly by the terms of this Agreement.

 

2.03.Devotion of Entire Time to Company's
Business and Exception.

 

(a)Executive shall devote his full ability
and attention to the business of the Company during the term of this Agreement. However, the expenditure of reasonable amounts
of time for charitable or professional activities shall not be deemed a breach of this Agreement if those activities do not materially
interfere with the services required under this Agreement.

 

(b)This Agreement shall not be interpreted
to prohibit Executive from making passive personal investments or conducting private business affairs if those activities do not
materially interfere with the services required under this Agreement. However, Executive shall not, directly or indirectly, acquire,
hold, or retain any interest in any business competing with or similar in nature to the business of Company.

 

2.04.Location of Office. Executive’s
principal business office shall be in Beijing. However, Executive’s job responsibilities shall include all business travel
necessary to the performance of his job.

 

2.05.Adherence to Inside Information
Policies. Executive acknowledges that Pubco is publicly-held and, as a result, has implemented or shall implement inside information
policies designed to preclude its executives and those of its subsidiaries from violating federal securities laws by trading on
material, non-public information or passing such information on to others in breach of any duty owed to Pubco, its subsidiaries,
or any third party. If applicable, Executive shall promptly execute any agreements generally distributed by Pubco to its employees
requiring such employees to abide by its inside information policies.

 

3.Obligations of Company. 

 

3.01.General Description. The Company
shall provide Executive with the compensation, incentives, benefits, and business expense reimbursement specified elsewhere in
this Agreement.

 

3.02.Indemnification of Losses of Executive.
The Company shall indemnify Executive for all necessary expenditures or losses incurred by Executive in direct consequence of the
discharge of his duties on the Company’s behalf.

 

4.Compensation of Executive. 

 

4.01.Annual Salary.

 

(a)As compensation for the services to be
rendered by Executive hereunder, the Company shall pay Executive an annual after-tax salary (“net salary”) at the rate
of RMB1,000,000 per annum (or foreign currency equivalent), payable in monthly installments in advance. The initial monthly salary
payment, pro-rated for the month of March 2015, shall be payable upon execution of this Agreement. All subsequent monthly payments
shall be due and payable in advance on the first of each month. The monthly payment for the final month of the term shall be pro-rated
for the number of days of service to be performed in such month.

 

    	 	Page 2 of 9

    	 

    

 

EMPLOYMENT AGREEMENT

 

(b)Executive may receive such annual increases
in salary as may be determined by the Company’s Board of Directors in its sole discretion on or about each anniversary of
the execution of this Agreement.

 

5. Executive Benefits. 

 

5.01.Employee Benefit Programs. Executive
is entitled to participate in any pension, 401(k), insurance or other employee benefit plans that are maintained by the Company
for its executive officers, including programs of life and medical insurance and reimbursement of membership fees in civic, social
and professional organizations.

 

5.02.Severance Package. If Executive’s
employment with Company is terminated pursuant to Sections 7.03 or 7.04, Executive shall be entitled to a one (1) month severance
package consisting of Executive's compensation and all benefits as provided for in Sections 5. Payments shall be made in a lump
sum.

 

6. Business Expenses.

 

6.01. Business Expenses. 

 

(a)The Company shall promptly reimburse Executive
for all reasonable business expenses incurred by Executive in performing the services hereunder. This includes business class airfare
for international business trips.

 

(b)Each such expenditure shall be reimbursable
only if Executive furnishes to the Company adequate records and other documentary evidence for the substantiation of that expenditure.

 

7. Termination of Employment. 

 

7.01.Death. Except as otherwise provided
herein, this Agreement shall automatically terminate without act by any party upon the death of Executive. In the event of death
of Executive, Executive’s estate shall receive any unpaid, earned compensation due Executive and this Agreement shall terminate.

 

    	 	Page 3 of 9

    	 

    

 

EMPLOYMENT AGREEMENT

 

7.02.Termination for Cause. The Company
may terminate Executive’s employment pursuant to the terms of this Agreement at any time for cause by giving written notice
of termination. Such termination will become effective upon the giving of such notice. Upon any such termination for cause, Executive
shall have no further right to compensation, bonus or reimbursement under Section 5. For purposes of this Section 7.02, “cause”
shall mean: (i) Executive is convicted of a felony which is directly related to Executive’s employment or the business of
the Company or could otherwise reasonably be expected to have a material adverse effect on the Company’s business, prospects
or future stock price which price should be measured over a period of at least six months. Felonies involving the driving of motor
vehicles shall not be grounds for termination; (ii) Executive, in carrying out his duties hereunder, has been found in a civil
action to have committed gross negligence or intentional misconduct resulting in either case in direct material harm to the Company;
(iii) Executive is found in a civil action to have breached his fiduciary duty to the Company resulting in direct profit to him;
(iv) Executive is found in a civil action to have materially breached any provision of Section 10 or Section 11; (v) Executive’s
repeated refusal (other than any failure to perform arising from a physical or mental disability) to act in accordance with the
reasonable directions of the Company’s Board of Directors directing Executive to perform services consistent with Executive’s
status as an officer of the Company, which refusal is not cured by Executive within ten (10) days of Executive’s receipt
of written notice thereof from the Company (provided, however, that if such breach cannot be cured within ten (10) days and Executive
commences the cure thereof and diligently pursues the same, such failure shall not constitute “cause” unless such breach
is not cured in its entirety within twenty (20) days of Executive’s receipt of the written notice of breach); (vi) Executive
commits acts of dishonesty, fraud, misrepresentation, or other acts of moral turpitude, that would prevent the effective performance
of his duties; and (vii) Executive’s material breach of any obligations of Executive which remains uncured for more than
ten (10) days after written notice thereof by the Company to Executive. Executive's failure to comply with the requirements of
Section 10 of this Agreement shall constitute a material breach of this Agreement. The term "found in a civil action"
shall not apply until all appeals permissible under the applicable rules of procedure or statute have been determined and no further
appeals are permissible.

 

7.03.Termination Without Cause. The
Company’s Board of Directors, in its sole discretion, may terminate Executive’s employment without cause at any time
upon thirty (30) days written notice. Upon effectiveness of such termination, Executive shall be entitled to the severance package
provided for in Section 5.02.

 

7.04.Effect Transfer of Assets, or Dissolution.
This Agreement shall be automatically terminated by any voluntary or involuntary dissolution of the Company or a transfer of all
or substantially all of the assets of the Company. Upon effectiveness of such termination, Executive shall be entitled to the severance
package provided for in Section 5.02. 

 

7.05. Termination by Executive During
Term. Executive may terminate his obligations under this Agreement during the term by giving the Company at least one (1) month
written notice in advance.

 

8.Non-Competition Agreement. 

 

8.01.Competition with Company. Until
termination of his employment and for a period of 12 months commencing on the date of termination, Executive, directly or indirectly,
in association with or as a stockholder, director, officer, consultant, employee, partner, joint venture, member or otherwise of
or through any person, firm, corporation, partnership, association or other entity, shall not compete with the Company or any of
its affiliates in any line of business which is competitive with the business of the Company within any metropolitan area in the
United States and the People’s Republic of China; provided, however, the foregoing shall not prevent Executive from accepting
employment with an enterprise engaged in two or more lines of business, one of which is the same or similar to the Company's business
(the “Prohibited Business”) if Executive’s employment is totally unrelated to the Prohibited Business; provided,
further, the foregoing shall not prohibit Executive from owning up to 5% of the securities of any publicly-traded enterprise provided
Executive is not an executive, director, officer, consultant to such enterprise or otherwise reimbursed for services rendered to
such enterprise.

 

    	 	Page 4 of 9

    	 

    

 

EMPLOYMENT AGREEMENT

 

8.02.Solicitation of Customers. During
the periods in which the provisions of Section 8.01 shall be in effect, Executive, directly or indirectly, will not seek Prohibited
Business from any Customer (as defined below) on behalf of any enterprise or business other than the Company that is in direct
competition with the Company's business, refer Prohibited Business from any Customer to any enterprise or business other than the
Company to any enterprise or business that is in direct competition with the Company's business or receive commissions based on
sales or otherwise relating to the Prohibited Business from any Customer that is in direct competition with the Company's business,
or any enterprise or business other than the Company. For purposes of this Agreement, the term "Customer" means any person,
firm, corporation, partnership, association or other entity to which Company or any of its affiliates sold or provided goods or
services during the six-month period prior to the time at which any determination is required to be made as to whether any such
person, firm, corporation, partnership, association or other entity is a Customer, or who or which was approached by or who or
which has approached an employee of the Company for the purpose of soliciting business from the Company or the third party, as
the case may be.

 

8.03.No Payment. Executive acknowledges
and agrees that no separate or additional payment to him will be required in consideration of his undertakings in this Section
8.

 

9.Non-Disclosure of Confidential Information. 

 

9.01.Confidential Information. Confidential
Information includes, but is not limited to, trade secrets as defined by the common law and statutes in Delaware or any future
Delaware statutes, processes, policies, procedures, techniques, designs, drawings, know-how, show-how, technical information, specifications,
computer software and source code, information and data relating to the development, research, testing, costs, marketing, the Company's
budgets and strategic plans, and the identity and special needs of Customers, databases, data, all technology relating to the Company's
businesses, systems, methods of operation, client or Customer lists, Customer information, solicitation leads, marketing and advertising
materials, methods and manuals and forms, all of which pertain to the activities or operations of the Company, names, home addresses
and all telephone numbers and e-mail addresses of the Company's executives, former executives, clients and former clients. In addition,
Confidential Information also includes Customers and the identity of and telephone numbers, e-mail addresses and other addresses
of executives or agents of Customers (each a “Contact Person”) who are the persons with whom the Company's executives
and agents communicate in the ordinary course of business. Confidential Information also includes, without limitation, Confidential
Information received from the Company's subsidiaries and affiliates. For purposes of this Agreement, the following will not constitute
Confidential Information (i) information which is or subsequently becomes generally available to the public through no act of Executive,
(ii) information set forth in the written records of Executive prior to disclosure to Executive by or on behalf of the Company
which information is given to the Company in writing as of or prior to the date of this Agreement, and (iii) information which
is lawfully obtained by Executive in writing from a third party (excluding any affiliates of Executive) who did not acquire such
confidential information or trade secret, directly or indirectly, from Executive or the Company.

 

9.02.Legitimate Business Interests.
Executive recognizes that the Company has legitimate business interests to protect and as a consequence, Executive agrees to the
restrictions contained in this Agreement because they further the Company's legitimate business interests. These legitimate business
interests include, but are not limited to: (i) trade secrets; (ii) valuable confidential business or professional information that
otherwise does not qualify as trade secrets including all Confidential Information; (iii) substantial relationships with specific
prospective or existing Customers or clients; (iv) Customer or client goodwill associated with the Company's business; and (v)
specialized training relating to the Company's technology, methods and procedures.

 

    	 	Page 5 of 9

    	 

    

 

EMPLOYMENT AGREEMENT

 

9.03.Confidentiality. Following termination
of employment, the Confidential Information shall be held by Executive in the strictest confidence and shall not, without the prior
written consent of the Company, be disclosed to any person other than in connection with Executive's employment by the Company.
Executive further acknowledges that such Confidential Information as is acquired and used by the Company or its affiliates is a
special, valuable and unique asset. Executive shall exercise all due and diligence precautions to protect the integrity of the
Company’s Confidential Information and to keep it confidential whether it is in written form, on electronic media or oral.
Executive shall not copy any Confidential Information except to the extent necessary to his employment nor remove any Confidential
Information or copies thereof from the Company's premises except to the extent necessary to his employment and then only with the
authorization of the CEO of the Company. All records, files, materials and other Confidential Information obtained by Executive
in the course of his employment with the Company are confidential and proprietary and shall remain the exclusive property of the
Company or its Customers, as the case may be. Executive shall not, except in connection with and as required by his performance
of his duties under this Agreement, for any reason use for his own benefit or the benefit of any person or entity with which he
may be associated or disclose any such Confidential Information to any person, firm, corporation, association or other entity for
any reason or purpose whatsoever without the prior written consent of the CEO of the Company.

 

10.Conflicts of Interest. While employed by the Company,
Executive shall not, directly or indirectly:

 

(a)participate as an individual in any way
in the benefits of transactions with any of the Company's Customers, including, without limitation, having a financial interest
in the Company's Customers, or making loans to, or receiving loans, from, the Company's Customers;

 

(b)realize a personal gain or advantage
from a transaction in which the Company has an interest or use information obtained in connection with Executive's employment with
the Company for Executive's personal advantage or gain; or

 

(c)accept any offer to serve as an officer,
director, partner, consultant, manager with, or to be employed in a technical capacity by, a person or entity which does business
with the Company.

 

11.General Provisions. 

 

11.01. Notices. All notices, offers,
acceptance and any other acts under this Agreement (except payment) shall be in writing, and shall be sufficiently given if delivered
to the addressees in person, by Federal Express or similar receipted delivery, by facsimile delivery or, if mailed, postage prepaid,
by certified mail, return receipt requested, as follows:

 

To the Company:

To Executive:

 

or to such other address as either of them, by notice to the other
may designate from time to time. The transmission confirmation receipt from the sender's facsimile machine shall be evidence of
successful facsimile delivery. Time shall be counted to, or from, as the case may be, the delivery in person or by mailing.

 

    	 	Page 6 of 9

    	 

    

 

EMPLOYMENT AGREEMENT

 

11.02. Attorneys’ Fees and Costs.
If any legal action is necessary to enforce or interpret the terms of this Agreement, the prevailing party shall be entitled to
reasonable attorneys' fees, costs, and necessary disbursements in addition to any other relief to which that party may be entitled.
This provision shall be construed as applicable to the entire Agreement.

 

11.03. Modifications. Any modification
of this Agreement will be effective only if it is in writing signed by the party to be charged.

 

11.04. Effect of Waiver. The failure
of either party to insist on strict compliance with any of the terms, covenants, or conditions of this Agreement by the other party
shall not be deemed a waiver of that term, covenant, or condition, nor shall any waiver or relinquishment of any right or power
at any one time or times be deemed a waiver or relinquishment of that right or power for all or any other times.

 

11.05. Partial Invalidity. If any
provision in this Agreement is held by a court of competent jurisdiction to be invalid, void, or unenforceable, the remaining provisions
shall nevertheless continue in full force without being impaired or invalidated in any way.

 

11.06. Law Governing Agreement. This
Agreement shall be governed by and construed in accordance with the laws of the State of Delaware.

 

11.07. Counterparts. This Agreement
may be executed in one or more counterparts, each of which shall be deemed an original but all of which together shall constitute
one and the same instrument. The execution of this Agreement may be by actual or facsimile signature.

 

11.08.Additional Documents. The parties
hereto shall execute such additional instruments as may be reasonably required by their counsel in order to carry out the purpose
and intent of this Agreement and to fulfill the obligations of the parties hereunder.

 

11.09.Section and Paragraph Headings.
The section and paragraph headings in this Agreement are for reference purposes only and shall not affect the meaning or interpretation
of this Agreement.

 

11.10.Arbitration. Except for a claim
for equitable relief, any controversy, dispute or claim arising out of or relating to this Agreement, or its interpretation, application,
implementation, breach or enforcement which the parties are unable to resolve by mutual agreement, shall be settled by submission
by either party of the controversy, claim or dispute to binding arbitration in China International Economic and Trade Arbitration
Commission (unless the parties agree in writing to a different location), before three arbitrators in accordance with the rules
of the American Arbitration Association then in effect. In any such arbitration proceeding the parties agree to provide all discovery
deemed necessary by the arbitrators. The decision and award made by the arbitrators shall be final, binding and conclusive on all
parties hereto for all purposes, and judgment may be entered thereon in any court having jurisdiction thereof.

 

11.11.Assignment. This Agreement
may be assigned by the Company to an affiliated entity.

 

    	 	Page 7 of 9

    	 

    

 

EMPLOYMENT AGREEMENT

 

11.12. Entire Agreement. This Agreement
supersedes any and all other Agreements, either oral or in writing, between the parties hereto with respect to the employment of
Executive by the Company, and contains all of the covenants and Agreements between the parties with respect to that employment
in any manner whatsoever. Each party to this Agreement acknowledges that no representations, inducements, promises, or Agreements,
orally or otherwise, have been made by any party, or anyone acting on behalf of any party, which are not embodied herein, and that
no other Agreement, statement, or promise not contained in this Agreement shall be valid or binding.

 

    	 	Page 8 of 9

    	 

    

 

EMPLOYMENT AGREEMENT

 

IN WITNESS WHEREOF, the Company and Executive
have executed this Agreement as of the date and year first above written.

 

	COMPANY:	 	EXECUTIVE:
	 	 	 
	By	 	 	 
	(Authorized Signature)	 	(Signature)
	 	 	 
	 	 	 
	(Date)	 	 	(Date)

 

(签字页)

 

 

Page 9 of 9

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00242-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00242-of-00352.parquet"}]]