Document:

Exhibit
        10.24

       

      EMPLOYMENT
        AGREEMENT

    

    

    Name
      of
      Employing Unit: Wuhan
      Blower Co., Ltd “Party
      A”

    Type
      of
      Employing Unit: Limited
      Liability Corporation 

    

    Name:
      Kuang
      Yuandong  “Party
      B”

    Type
      of
      Permanent Residence:______________

     

    Enacted
      by Wuhan Labor and Social Security Bureau 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Personal
      Information of Employee

    

    
      	
              Name

            	
              Kuang
                Yuandong 

            	
              Previous
                Name

            	 	 
	 	 	 	 
	
              Gender

            	
              Male

            	
              Birth
                of Date

            	
              March,
                1999

            
	 	 
	
              ID
                Number

            	
              420104197703262033

            
	 	 	 	 
	
              Nation
                

            	
              Han

            	
              Top
                Degree

            	
              Master

            
	 	 	 	 
	
              Political
                Status

            	
              Party
                menber

            	
              Date
                of being employed 

            	
              July,
                1999

            
	 	 	 	 
	
              Technical
                Grade 

            	 	
              Telephone
                

            	
              13995691673

            
	 	 	 	 
	
              Physical
                Condition 

            	
              Good

            	
              Family
                Address 

            	
              Rm
                258, Jixian Village, Qiaokou District, Wuhan

            
	 
	
              Has
                applied for and received <Labor Handbook> or <Employment
                Certificate of non-Local Resident> or not? Yes No
                

            
	 
	
              Brief
                Description of Working Experience

            
	 
	
              1978-1988
                Wuhan Urban Commercial Bank - Credit Administration Dept
                Clerk

               

              2001-2005
                Wuhan Securities Co., Ltd - Investment Banking Dept Project Manager,
                Investment Financing Dept Assistant Manager

               

              March,
                2006 - Wuhan Blower Co., Ltd -
                CFO

            

    

    

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    
    

    Employment
      Agreement 

     

    Contract
      No.:

     

    Pursuant
      to the Labor Law of the People’s Republic of China, relevant policies and
      regulations, Party A and Party B hereby enter into this Employment Agreement
      on
      the basis of equal and voluntary consultation. 

    

    Article
      1. Term of the Contract

     

    
      	1.  	
              Fixed
                Term

            

    

     

    The
      term
      of this Contract shall be five
      (5)
      years,
      taking effect from
      10th
      March
      2006
      to
9th
      March
      2011.
      The
      probation period agreed upon shall be  
      months.

     

    
      	2.  	
              Flexible
                Period 

            

    

     

    This
      Contract shall take effect from ___Year___Month___Day to ____Year__Month__Day.
      

     

    
      	3.  	
              Term
                be determined by finishing special work

            

    

     

    The
      special work is:_____________________________

    

    Article
      2. Description of Job 

     

    Due
      to
      the production (work) needs of Party A, Party A hereby agrees to employ Party
      B
      after examination and approval. Party B hereby agrees to perform the
 
      assignment in Financial Office as CFO.

     

    Party
      B
      shall do his endeavor to complete the quantity target and quality target
      attributed to his post: 

     

    Actively
      fulfill the production and working assignment as required by the relevant
      department and post and strictly receive assessment according to the Assessment
      Standard in respect of Working Quality stipulated by the Company.

    

    Article
      3. Labor Protection and Production (Working) Conditions 

     

    
      	1.	
              Party
                A shall establish and perfect the system
                for occupational safety and health, strictly implement the rules
                and
                standards of the State on occupational safety and health, provide
                instructions with respect to occupational safety and health to Party
                B,
                prevent accidents in the process of work, and reduce occupational
                hazards.

            

    

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

     

    
      	2.	
              Establishments
                for occupational safety and health must meet the standards stipulated
                by
                the State. 

            

    

     

    
      	3.	
              Party
                A shall provide Party B with conditions of occupational safety and
                health
                conforming to the provisions of the State and necessary articles
                of labor
                protection, and provide regular health examination for laborers engaged
                in
                work with occupational hazards.

            

    

     

    
      	4.	
              Party
                A shall provide laborers who engaged in specialized operations with
                specialized training and ensure that they acquire qualifications
                for such
                special operations.

            

    

     

    
      	5.	
              Party
                A shall provide female staff and workers and juvenile workers with
                special
                labor protection in accordance with the provisions of the State.
“Juvenile
                workers” hereby refer to laborers at the age of 16 but not 18 yet.
                

            

    

     

    
      	6.	
              Party
                B shall strictly comply with the operational rules and procedures
                relating
                to safety in the labor process.

            

    

     

    
      	7.	
              Party
                B shall consciously accept the instructions with respect to labor
                safety
                and health and follow Party A’s management staff’s directions. Party B
                must not take risks that would result in the violation of rules and
                safety
                standards. 

            

    

     

    
      	8.	
              In
                the event that any directions are given by Party A’s management staff that
                violate the rules, require Party B to work in unsafe conditions,
                or compel
                any acts that do harms to safety or physical health, Party B shall
                have
                the right to refuse to implement the above, raise criticism, impeach
                or
                bring charges. 

            

    

    

    Article
      4
      Labor Discipline 

     

    Party
      A
      shall formulate various rules and institutions in accordance with the relevant
      provisions of the State. The specific contents include: various
      rules or institutions which have been formulated or modified by the Company.
      Party B shall understand and comply with the above institutions. In case of
      any
      violation of the above institutions, Party B shall have the right to punish
      Party A or terminate this Labor Contract. 

     

    Party
      B
      shall strictly observe various disciplines, obey management systems and do
      his
      best to perform his duties.

     

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

    
       

    

    Article
      5
      Working Hours and Remuneration 

     

    
      	1.	
              Party
                A shall apply the system of forty (40) hours week and strictly implement
                the working time and rest system adopted by the State. In case of
                any
                extension of working time due to special circumstances, Article 41,
                42, 43
                and 44 of the Labor Law shall be applicable.

            

    

     

    
      	2.	
              Party
                A shall apply the principal of distribution according to work and
                equal
                remuneration for equal work. The wages paid by Party A shall not
                be less
                than the level of minimum salary determined by the local competent
                authority. According to the duties and working post that Party B
                is
                performing, the wages for the probation period shall be Yuan.
                After the expiration of probation, the monthly wages shall be Yuan
                (Excluding Bonus, benefits and allowance). In the event that the
                manner in
                which the payable wages are calculated is determined by products
                finished,
                the payment of monthly wages shall be made in accordance with the
                products
                finished. The specific method agreed to by the two Parties:
                in accordance with the applicable wages systems and examination procedure
                of Party A.

            

    

     

    
      	3.	
              Party
                A may raise the level of Party B’s wages gradually according to the
                Company’s operation conditions, the technique proficiency degree and labor
                efficiency. 

            

    

     

    
      	4.	
              Party
                A shall pay Party B the wages per month in the form of currency.
                The
                 
                day of each month shall be the pay day. (In case of rest or special
                circumstances, the payment of wages may be advanced or postponed
                by
                several days. 

            

    

     

    
      	5.	
              In
                the event that Party A may be applicable to Article 36 and 38 of
<Labor
                Law> due to production (operation) characteristics, Party A shall apply
                to other working (operation) rest regulations after the administrative
                department of Labor and Social Security’s approval.
                

            

    

     

    Article
      6. Labor Insurance, Benefits and Remunerations

     

    
      	1.	
              Party
                A shall pay basic old-age insurance premium, unemployment insurance
                premium and other social security fees for the benefit of Party B
                monthly
                in accordance with the uniform provisions of Municipality.
                

            

    

     

    
      	2.	
              If
                Party B becomes injured or disabled on duty, Party A shall be responsible
                for the treatment until the final stage. During the period of medical
                treatment, Party A shall pay the actual medical treatment fees and
                the
                total amount of wages per month. Party A shall arrange the kind of
                job as
                Party B’s capacity allows for Party B after Party B’s recovery from
                injury. If Party B dies while on duty, Party A shall pay the funeral
                expenses, fees for supporting immediate family members and a lump-sum
                allowance for living in hardship in accordance with the standards
                stipulated by the State.

            

    

     

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

     

    
      	3.	
              If
                Party B suffers from illness or becomes injured during the period
                of this
                Contract, compensation matters shall be implemented in accordance
                with
                <Rules on Period of Medical Treatment in respect of Enterprise
                Employees Suffering From Illness or Becoming Injured > (No. 479 issued
                by Labor and Social Security Department in 1994) and <Notice on the
                implementation of Rules on Period of Medical Treatment in respect
                of
                Enterprise Employees Suffering From Illness or Becoming Injured by
                Labor
                and Social Security Department (No.236 issued in
                1995).

            

    

     

    
      	4.	
              Party
                A shall pay Party B the following allowance in accordance with the
                provisions of the State: Implementing
                according to the Company’s Wages system and
                provisions.

            

    

     

    
      	5.	
              In
                the case of a female worker who has married, Party B shall be entitled
                to
                pregnant leave, maternity leave, breast-feeding leave, family planning
                leave and relevant remunerations
                entitlements.

            

    

     

    
      	6.	
              Party
                A shall consider the statutory holidays, wedding holidays and funeral
                holidays which Party B has the right to enjoy as paid
                holiday.

            

    

     

    
      	7.	
              During
                the period of this Contract, Party B shall be entitled to home leave
                provided by the State. During the leave, Party B shall be entitled
                to
                monthly wages and various bonus (Year-end bonus will not be affected).
                Transportation fees thereof shall be reimbursed by Party A in accordance
                with the relevant provisions. 

            

    

    

    Article
      7. Conditions for termination and cancellation of Labor Contract

     

    
      	1.  	
              Conditions
                for termination of Labor Contract

            

    

     

    The
      two
      Parties agree that this Contract shall automatically terminate upon any of
      the
      following circumstances: (1)
      the expiration of this Labor Contract; (2) Party B has gone through the
      retirement procedure; (3) Any party to this Labor Contract disqualifies the
      party entitlements; (4) impossibility of performance of this Labor Contract
      due
      to other irresistible causes.
      

     

    
      	2.  	
              Conditions
                for the cancellation of Labor
                Contract

            

    

     

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

     

    
      	(1)	
              This
                Labor Contract may be cancelled upon consensus through consultation
                between Party A and Party B.

            

    

     

    
      	(2)	
              Party
                A shall cancel this Labor Contract if Party B falls within any of
                the
                following circumstances: (i) to be proved unsatisfactory to the employment
                terms during the probation period; (ii) Severe violations of Party
                A’s
                labor disciplines, rules or systems; (iii) Caused great harm to the
                interests of Party A due to severe breach of duty and engagement
                in
                malpractices for selfish ends; (iv) Being prosecuted for the criminal
                liability according to law.

            

    

     

    
      	(3)	
              In
                any of the following circumstances, Party A may revoke this Labor
                Contract
                but a written notification shall be given to Party B 30 days in advance:
                (i) where Party B is unable to take up his original work or any new
                work
                arranged by Party A after the expiration of his medical treatment
                period
                for illness or injury not being suffered on duty; (ii) where Party
                B is
                unqualified for his work and remains unqualified even after training
                or
                change of work post; and (iii) no agreement on modification of this
                Labor
                Contract can be reached through consultation when the objective
                circumstances taken as the basis for the conclusion of the contract
                have
                greatly changed so that the original labor contract can no longer
                be
                carried out.

            

    

     

    
      	(4)	
              Party
                A shall not revoke this Labor Contract in any of the following
                circumstances: 

            

    

     

    
      	(i)	
              To
                be
                confirmed to have totally or partially lost the ability to work due
                to
                occupational diseases or injuries on duty; (ii)
                To
                be receiving medical treatment for diseases or injuries within the
                prescribed period; (iii)
                To
                be a female worker during the period of being pregnant, puerperal,
                or
                breast-feeding; (iv)
                Other circumstances
                stipulated by laws and administrative
                regulations.

            

    

     

    
      	(5)	
              If
                Party B intends to revoke this Contract, it shall give a written
                notice to
                Party A 30 days in advance.

            

    

     

    
      	(6)	
              Party
                B may
                notify Party A at any time of his decision to revoke this Contract
                in any
                of the following circumstances: 

            

    

     

    (i)
      Within the probation period;

     

    (ii)
      Where Party A forces Party B to work by resorting to violence, intimidation
      or
      illegal restriction of personal freedom; or

     

    
      
        
        

      

      
        -7-

        
          

        

      

      
        
        

      

    

    
      
      

    

    (iii)
      Failure on the part of Party A to pay labor remuneration or to provide working
      conditions as agreed upon in this labor contract.

    

    Article
      8. Matters considered to be agreed by the two Parties 

     

    
      	1.	
              In
                the event of cancellation of this Contract, Party A shall pay:
                the
                relevant fees in accordance with the relevant provisions of the State.
                

            

    

     

    
      	2.	
              In
                the event of termination of this Contract, Party A shall pay:
                

            

    

     

    
      	3.	
              In
                the event of termination or cancellation of this Contract, Party
                B shall
                return: production
                data, technical data, documentation relating to production, technique,
                operation and management (Including production tools, drawings,
                correspondence, memorandum, customer list, chart, training materials,
                study materials, etc.) and the company’s assets. Party B shall also pay
                some fees payable prescribed by relevant
                institutions.

            

    

     

    
      	4.	
              Other
                relevant matters: <1>
                Party B shall keep Party A’s know-how and economic secrets confidential
                and preserve Party A’s reputations; <2> Party A shall be entitled to
                adjusting Party B’s work position and the relevant remunerations according
                to practical needs for production and operation, personal working
                ability,
                working achievement and working performance; <3> Party A shall have
                the right to reduce the work force when the production assignments
                are not
                sufficient; <4> As for the employees who have entered into a
                Training
                Agreement with
                the Company, the term of their labor contract shall be postponed
                to the
                end of service period agreed upon in Training
                Agreement;
                <5> Training
                Agreement and
                Supplementary Agreement as
                the amendment of Labor Contract, shall have equivalent legal
                effect.

            

    

    

    Article
      9. Liabilities for Breach of Contract 

     

    In
      the
      event that either Party violates the provisions of this Contract and causes
      economic losses for the other Party, the defaulting party shall bear the
      liability for compensation according to the consequence and the extent of
      responsibility. The Parties hereby specifically agree as follows: In
      the
      event that any employee brings adverse affect to the Company by disclosing
      the
      Company’s technical know-how, secretly transferring the Company’s technological
      achievements, technical documentation and economic contracts, he shall pay
      1-5
      times total sum
      of
      wages as the fine for breach of contract. Furthermore, any employee that causes
      economic losses shall be investigated into the legal liability.

     

    
      
        
        

      

      
        -8-

        
          

        

      

      
        
        

      

    

     

    Article
      10. Settlement of Labor disputes 

     

    Where
      a
      labor dispute takes place because of this Contract, Party A and Party B shall
      settle the dispute by consultation. The trade union may consult with Party
      A for
      the settlement of dispute on Party B’s behalf. If the consultation fails, Party
      A and Party B shall appeal to arbitration with the local Labor Dispute
      Arbitration Committee pursuant to the relevant provisions regarding labor
      disputes settlement. If
      one of
      the parties does not accept of the arbitration award, the party may bring an
      action against it to local People's Court. 

    

    Article
      11. 

     

    In
      the
      event of any articles that are not involved in this contract or any
      inconsistence between rules or regulations stipulated by Party A and laws,
      regulations and policies promulgated by the State, Province and Municipality,
      the applicable laws, regulations and policies of the State, Province and
      Municipality shall prevail. 

    

    Article
      12. 

     

    This
      Contract shall come into force upon the date of signature by the two Parties.
      This Contract is executed in two originals. Each Party hereto shall hold one
      (1)
      counterpart. 

     

    
      	Party A (seal): Wuhan Blower Co.,
              Ltd	Party B (seal): /s/ Kuang
              Yuandong

    

     

    Legal
      Representative (Proxy) Signature: /s/ Xu Jie 

     

    Date
      of
      Execution: March
      10, 2006

    
       

      
        	Witness (Signature):	Witness Authority
                (Seal):

      

    

     

    Date
      of
      Testimony: D____M____ Y______ 

     

    
      
        
        

      

      
        -9-Unassociated Document

    SUBSCRIPTION
      AGREEMENT

     

    SUBSCRIPTION
      AGREEMENT (“Subscription Agreement”) made as of this __rd
      day of
      ________, 2007, by and among SRKP 9, INC., a Delaware corporation (the
“Company”); Times
      Manufacture & E-Commerce Corporation Limited,
      a
      company incorporated in The British Virgin Islands and upon the Closing Date
      (as
      defined below) a wholly-owned subsidiary of the Company (“TME”); and the
      undersigned (the “Subscriber”).

     

    WHEREAS,
      the Company, TME, and the sole shareholder of TME are parties to a certain
      Share
      Exchange Agreement dated as of December 15, 2006 (the “Exchange Agreement”),
      pursuant to which TME will become a wholly-owned subsidiary of the Company
      and
      100% of the outstanding securities of TME will be exchanged for securities
      in
      the Company (the “Share Exchange”). Immediately after the effective time of the
      Share Exchange (the “Closing Date”), the Company will assume the business and
      operations of TME. 

     

    WHEREAS,
      as a condition to the closing of the Share Exchange, the Company intends to
      obtain subscriptions for the purchase and sale, in a private placement
      transaction (the “Offering”) pursuant to Regulation D promulgated under the
      Securities Act of 1933, as amended (the “Act”), of shares of Series A
      Convertible Preferred Stock (the “Shares”) of the Company, par value $0.0001 per
      share, convertible into shares of common stock of the Company, par value $0.0001
      per share (“Common Stock”) on the terms and conditions hereinafter set forth,
      and the Subscriber desires to acquire that number of Shares set forth on the
      signature page hereof. The Shares and the Common Stock underlying the Shares
      are
      together the “Securities.”

     

    NOW,
      THEREFORE, for and in consideration of the promises and the mutual covenants
      hereinafter set forth, the parties hereto do hereby agree as
      follows:

     

    1.  Subscription
      Procedure

     

    1.1  Subject
      to the terms and conditions hereinafter set forth, the Subscriber hereby
      subscribes for and agrees to purchase from the Company such number of Shares
      as
      is set forth upon the signature page hereof at a price of $1.29 per Share (the
      “Purchase Price”). The Company agrees to sell such Shares to the Subscriber for
      the Purchase Price.

     

    1.2  The
      subscription period will begin as of December 15, 2006 and will terminate (if
      the Closing Date has not earlier occurred) at 5:00 PM Eastern Standard Time
      on
      January 31, 2007, unless extended by the Company, TME and the Placement Agent
      (as defined below) for up to an additional 30 days (the “Termination Date”). The
      Shares will be offered on a “best efforts” basis as more particularly set forth
      in a Confidential Private Placement Memorandum and any supplements thereto
      (the
“Offering Memorandum”). The final Offering Memorandum will be provided to
      Subscribers in the Offering no later than two days prior to the Termination
      Date. The consummation of the Offering is subject to the satisfaction of a
      number of conditions to be further described in the Offering Memorandum, one
      or
      more of which conditions may not occur.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

       

    

    1.3  Placement
      of Shares will be made by Westpark Capital, Inc. (the “Placement Agent”), which
      will receive certain compensation therefore as will be more fully described
      in
      the Offering Memorandum.

     

    1.4  The
      Purchase Price for any shares purchased hereunder by residents of Hong Kong
      or
      the People’s Republic of China (the “Foreign Purchase Price”) will be placed in
      escrow pursuant to an escrow agreement (the “Foreign Escrow Agreement”) by and
      among the Placement Agent, the Company and Arculli Fong & Ng as escrow agent
      and shall be paid over to the Company at the closing of the purchase of the
      Shares in the Offering (the “Closing”) to occur on the Closing
      Date.

     

    1.5  The
      Purchase Price for shares purchased hereunder by residents not referenced in
      Section 1.4 herein will be placed in escrow pursuant to an escrow agreement
      (the
“Escrow Agreement”) by and among the Placement Agent, the Company and David
      Kagel, Esq. as escrow agent, and shall be paid over to the Company at the
      Closing.

     

    1.6  The
      certificates for the shares bearing the name of the Subscriber will be delivered
      by the Company no later than thirty (30) days following the Closing Date. The
      Subscriber hereby authorizes and directs the Company to deliver the securities
      to be issued to such Subscriber pursuant to this Subscription Agreement to
      the
      residential or business address indicated in the Investor Questionnaire, as
      attached.

     

    1.7  The
      Purchase Price for the Shares purchased hereunder further to Section 1.4 herein
      shall be paid by wire transfer of immediately available U.S. funds or by
      certified check payable in U.S. funds payable to “Arculli Fong & Ng”, as
      escrow agent, pursuant to the following instructions:

    

      
        	 	
                Name
                  of Beneficiary:

              	
                Arculli
                  Fong & Ng

              
	 	
                Bank
                  Name:

              	
                The
                  Hong Kong & Shanghai Banking Corporation, Ltd.

              
	 	
                Bank
                  Branch:

              	
                Exchange
                  Square Branch

              
	 	
                Bank
                  Address:

              	
                Shop
                  No. 102, One Exchange Square, Central, Hong Kong

              
	 	
                Bank
                  Code:

              	
                004

              
	 	
                Our
                  account number:

              	
                518-289657-274

              
	 	
                Swiftcode:

              	
                HSBCHKHHHKH

              

      

    

    
    

    1.8  The
      Purchase Price for the Shares purchased hereunder further to Section 1.5 herein
      shall be paid by certified check, payable to Law Offices of David L. Kagel,
      a
      Professional Corporation, as escrow agent, or by wire transfer to Law Offices
      of
      David L. Kagel pursuant to the following instructions:

     

    Law
      Offices of David L. Kagel, a Professional Corporation 

    Subscription
      Escrow Account #2

    Wells
      Fargo Bank

    1801
      Avenue of the Stars

    Los
      Angeles, CA 90067

    Account
      #
      5763556098

    ABA
      #
      121000248

    

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

       

    

    1.9  The
      Company and/or TME may, in their sole discretion, reject any subscription,
      in
      whole or in part, or terminate or withdraw the Offering in its entirety at
      any
      time prior to a closing in relation thereto. Neither the Company nor the
      Placement Agent shall be required to allocate among investors on a pro rata
      basis in the event of an over-subscription.

     

    2.  Representations
      and
      Covenants of Subscriber

     

    2.1  The
      Subscriber recognizes that the purchase of Securities involves a high degree
      of
      risk in that (i) the Company will need additional capital to operate its
      business but has no assurance of additional necessary capital; (ii) an
      investment in the Company is highly speculative and only investors who can
      afford the loss of their entire investment should consider investing in the
      Company and the Securities; (iii) an investor may not be able to liquidate
      his
      or her investment; (iv) transferability of the securities comprising the
      Securities is extremely limited; (v) an investor could sustain the loss of
      his
      or her entire investment; and (vi) the Company is and will be subject to
      numerous other risks and uncertainties, including without limitation,
      significant and material risks relating to the Company’s business and the
      business and operations of TME, and the industries, markets and geographic
      regions in which the Company will compete, as well as risks associated with
      the
      Offering, the Share Exchange and the other transactions contemplated herein,
      in
      the Offering Memorandum and in the Exchange Agreement, all as more fully set
      forth herein and in the Offering Memorandum. For the avoidance of doubt, all
      references to the Company in this Section 2.1 include the Company’s business and
      operations after it acquires the business and operations of TME through the
      Share Exchange. 

     

    2.2  The
      Subscriber represents that he or she is an “accredited investor” as such term is
      defined in Rule 501 of Regulation D promulgated under the Act, as indicated
      by
      his or her responses to the Investor Questionnaire, the form of which is
      attached hereto as Exhibit
      A,
      and
      that he or she is able to bear the economic risk of an investment in the
      Securities. The Subscriber must complete the applicable Investor Questionnaire
      to enable the Company and TME to access the Subscriber’s eligibility for the
      Offering.

     

    2.3  The
      Subscriber acknowledges that he or she has prior investment experience,
      including without limitation, investment in non-listed and non-registered
      securities, or he or she has employed the services of an investment advisor,
      attorney or accountant to read all of the documents furnished or made available
      by the Company or TME both to him and to all other prospective investors in
      the
      Securities and to evaluate the merits and risks of such an investment on his
      or
      her behalf, and that he or she recognizes the highly speculative nature of
      this
      investment. 

     

    2.4  The
      Subscriber acknowledges receipt and careful review of the Offering Memorandum,
      this Subscription Agreement, and the attachments hereto and thereto
      (collectively, the “Offering Documents”) and hereby represents that he or she
      has been furnished or given access by the Company or TME during the course
      of
      this Offering with or to all information regarding the Company and TME and
      their
      respective financial conditions and results of operations which he or she had
      requested or desired to know; that all documents which could be reasonably
      provided have been made available for his or her inspection and review; that
      he
      or she has been afforded the opportunity to ask questions of and receive answers
      from duly authorized representatives of the Company and TME concerning the
      terms
      and conditions of the Offering, and any additional information which he or
      she
      had requested. The Subscriber further represents and acknowledges that the
      Subscriber has not seen or received any advertisement or general solicitation
      with respect to the sale of any of the securities of the Company, including,
      without limitation, the Securities.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

       

    

    2.5  The
      Subscriber acknowledges that this Offering of Shares may involve tax
      consequences, and that the contents of the Offering Documents do not contain
      tax
      advice or information. The Subscriber acknowledges that he or she must retain
      his or her own professional advisors to evaluate the tax and other consequences
      of an investment in the Securities.

     

    2.6  The
      Subscriber acknowledges that this Offering of Shares has not been reviewed
      or
      approved by the United States Securities and Exchange Commission (“SEC”) because
      the Offering is intended to be a nonpublic offering pursuant to Section 4(2)
      of
      the Act. The Subscriber represents that the Securities are being purchased
      for
      his or her own account, for investment and not for distribution or resale to
      others. The Subscriber agrees that he or she will not sell or otherwise transfer
      any of the securities comprising the Securities unless they are registered
      under
      the Act or unless an exemption from such registration is available and, upon
      the
      Company’s request, the Company receives an opinion of counsel reasonably
      satisfactory to the Company confirming that an exemption from such registration
      is available for such sale or transfer.

     

    2.7  The
      Subscriber understands that the Securities have not been registered under the
      Act by reason of a claimed exemption under the provisions of the Act which
      depends, in part, upon his investment intention. The Subscriber realizes that,
      in the view of the SEC, a purchase now with the intention to distribute would
      represent a purchase with an intention inconsistent with his or her
      representation to the Company, and the SEC might regard such a distribution
      as a
      deferred sale to which such exemption is not available.

     

    2.8  The
      Subscriber understands that Rule 144 (the “Rule”) promulgated under the Act
      requires, among other conditions, a one year holding period prior to the resale
      (in limited amounts) of securities acquired in a non-public offering, such
      as
      the Offering, without having to satisfy the registration requirements under
      the
      Act. Except as specifically set forth in Section 4.1, the Subscriber understands
      that the Company makes no representation or warranty regarding its fulfillment
      in the future of any reporting requirements under the Securities Exchange Act
      of
      1934, as amended (the “Exchange Act”), or its dissemination to the public of any
      current financial or other information concerning the Company, as is required
      by
      Rule 144 as one of the conditions of its availability. The Subscriber consents
      that the Company may, if it desires, permit the transfer of the Securities
      out
      of his or her name only when his or her request for transfer is accompanied
      by
      an opinion of counsel reasonably satisfactory to the Company that neither the
      sale nor the proposed transfer results in a violation of the Act, any applicable
      state “blue sky” laws or any applicable securities laws of any other country,
      province or jurisdiction (collectively, “Securities Laws”). The Subscriber
      agrees to hold the Company, TME and their respective directors, officers and
      controlling persons and their respective heirs, representatives, successors
      and
      assigns harmless and to indemnify them against all liabilities, costs and
      expenses incurred by them as a result of any misrepresentation made by him
      contained herein or in the Investor Questionnaire or any sale or distribution
      by
      the undersigned Subscriber in violation of any Securities Laws.

     

    2.9  The
      Subscriber consents to the placement of one or more legends on any certificate
      or other document evidencing his or her Shares and the Common Stock underlying
      the Shares stating that they have not been registered under the Act and are
      subject to the terms of this Subscription Agreement, and setting forth or
      referring to the restrictions on the transferability and sale
      thereof.

     

    
      
        
        

      

      
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    2.10  The
      Subscriber understands that the Company and TME will review this Subscription
      Agreement and the Investor Questionnaire and, if the Subscriber is a natural
      person, the Company and TME are hereby given authority by the undersigned to
      call his or her bank or place of employment. The Subscriber further authorizes
      the Company and TME to review the financial standing of the Subscriber; and
      the
      Subscriber agrees that the Company and TME reserve the unrestricted right to
      reject or limit any subscription and to close the offer at any
      time.

     

    2.11  The
      Subscriber hereby represents that the address of Subscriber furnished by him
      at
      the end of this Subscription Agreement and in the Investor Questionnaire is
      the
      undersigned’s principal residence if he or she is an individual or its principal
      business address if it is a corporation or other entity.

     

    2.12  The
      Subscriber acknowledges that if the Subscriber is a Registered Representative
      of
      a National Association of Securities Dealers, Inc. (“NASD”) member firm, he or
      she must give such firm the notice required by the NASD Conduct Rules, or any
      applicable successor rules of the NASD, receipt of which must be acknowledged
      by
      such firm on the signature page hereof. The Subscriber shall also notify the
      Company if the Subscriber or any affiliate of Subscriber is a registered
      broker-dealer with the SEC, in which case the Subscriber represents that the
      Subscriber is purchasing the Securities in the ordinary course of business
      and,
      at the time of purchase of the Securities, has no agreements or understandings,
      directly or indirectly, with any person to distribute the Securities or any
      portion thereof.

     

    2.13  The
      Subscriber hereby represents that, except as set forth in the Offering
      Documents, no representations or warranties have been made to the Subscriber
      by
      either the Company or TME or their agents, employees or affiliates and in
      entering into this transaction, the Subscriber is not relying on any
      information, other than that contained in the Offering Documents and the results
      of independent investigation by the Subscriber.

     

    2.14  The
      Subscriber agrees that he or she will purchase securities in the Offering only
      if his or her intent at such time is to make such purchase for investment
      purposes and not with a view toward resale.

     

    2.15  If
      the
      undersigned Subscriber is a partnership, corporation, trust or other entity,
      such partnership, corporation, trust or other entity further represents and
      warrants that: (i) it was not formed for the purpose of investing in the
      Company; (ii) it is authorized and otherwise duly qualified to purchase and
      hold
      the Securities; and (iii) that this Subscription Agreement has been duly and
      validly authorized, executed and delivered and constitutes the legal, binding
      and enforceable obligation of the undersigned.

     

    2.16  If
      the
      Subscriber is not a United States person, such Subscriber hereby represents
      that
      it has satisfied itself as to the full observance of the laws of its
      jurisdiction in connection with any invitation to subscribe for the Shares
      or
      any use of this Subscription Agreement, including (i) the legal requirements
      within its jurisdiction for the purchase of the Shares, (ii) any foreign
      exchange restrictions applicable to such purchase, (iii) any governmental or
      other consents that may need to be obtained, and (iv) the income tax and other
      tax consequences, if any, that may be relevant to the purchase, holding,
      redemption, sale or transfer of the Securities. Such Subscriber’s subscription
      and payment for, and his or her continued beneficial ownership of the
      Securities, will not violate any applicable securities or other laws of the
      Subscriber’s jurisdiction. 

     

    
      
        
        

      

      
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    2.17  The
      undersigned hereby covenants and agrees that neither it nor any of its
      affiliates has or will have an open position (e.g., short sale) in the Common
      Stock prior to the Registration Statement (as defined below) being declared
      effective by the SEC with the intent of covering such open position with Common
      Stock being registered in the Registration Statement. The undersigned hereby
      acknowledges and understands that the SEC has taken the position that such
      an
      open position would constitute a violation of Section 5 of the Act.

     

    2.18  The
      Subscriber acknowledges that (i) the Offering Memorandum contains material,
      non-public information concerning the Company within the meaning of Regulation
      FD promulgated by the SEC, and (ii) the Subscriber is obtaining such material,
      non-public information solely for the purpose of considering whether to purchase
      the Shares pursuant to a private placement that is exempt from registration
      under the Act. In accordance with Regulation FD and other applicable provisions
      of the Securities Laws, the Subscriber agrees to keep such information
      confidential and not to disclose it to any other person or entity except the
      Subscriber’s legal counsel, other advisors and other representatives who have
      agreed (i) to keep such information confidential, (ii) to use such information
      only for the purpose set forth above, and (iii) to comply with applicable
      securities laws with respect to such information. In addition, the Subscriber
      further acknowledges that the Subscriber and such legal counsel, other advisors
      and other representatives are prohibited from trading in the Company’s
      securities while in possession of material, non-public information and agrees
      to
      refrain from purchasing or selling securities of the Company until such
      material, non-public information has been publicly disseminated by the Company.
      The Subscriber agrees to indemnify and hold harmless the Company, TME and their
      respective officers, directors, employees and affiliates and each other person,
      if any, who controls any of the foregoing, against any loss, liability, claim,
      damage and expense whatsoever (including, but not limited to, any and all
      expenses whatsoever reasonably incurred in investigating, preparing or defending
      against any litigation commenced or threatened or any claim whatsoever) arising
      out of or based upon any false representation or warranty by the Subscriber,
      or
      the Subscriber’s breach of, or failure to comply with, any covenant or agreement
      made by the Subscriber herein or in any other document furnished by the
      Subscriber to the Company, TME or their respective officers, directors,
      employees or affiliates or each other person, if any, who controls any of the
      foregoing in connection with this transaction.

     

    2.19  The
      Subscriber understands and acknowledges that (i) the Securities are being
      offered and sold to Subscriber without registration under the Act in a private
      placement that is exempt from the registration provisions of the Act under
      Section 4(2) of the Act and (ii) the availability of such exemption depends
      in part on, and that the Company will rely upon the accuracy and truthfulness
      of, the foregoing representations, and such Subscriber hereby consents to such
      reliance.

     

    3.  Representations
      by the Company
      and
      TME

     

    Except
      as
      set forth in the reports filed by the Company pursuant to the Securities
      Exchange Act of 1934, as amended (the “SEC Reports”), each of the Company and,
      as applicable, TME severally represent and warrant to the Subscriber that:
      

     

    
      
        
        

      

      
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    3.1  Organization
      and Authority.
      The
      Company and TME, and each of their respective subsidiaries, (i) is a corporation
      and company, respectively, validly existing and in good standing under the
      laws
      of the jurisdiction of its incorporation and formation, respectively, (ii)
      has
      all requisite corporate power and company power, respectively, and authority
      to
      own, lease and operate its properties and to carry on its business as presently
      conducted, and (iii) has all requisite corporate power and company power,
      respectively, and authority to execute, deliver and perform their obligations
      under this Subscription Agreement and the Offering Documents being executed
      and
      delivered by it in connection herewith, and to consummate the transactions
      contemplated hereby and thereby.

     

    3.2  Qualifications.
      The
      Company and TME, and each of their respective subsidiaries, is duly qualified
      to
      do business as a foreign corporation and foreign company, respectively, and
      is
      in good standing in all jurisdictions where such qualification is necessary
      and
      where failure so to qualify could have a material adverse effect on the
      business, properties, operations, condition (financial or other), results of
      operations or prospects of the Company and its subsidiaries (after the effective
      time of the Share Exchange), taken as a whole.

     

    3.3  Capitalization
      of the Company.
      Immediately after the effective time of the Share Exchange (but before the
      closing of this Offering), the authorized capital stock the capitalization
      of
      the Company will consist of 100,000,000 shares of Common Stock, $0.0001 par
      value per share and 10,000,000 shares of “blank check” Preferred Stock, par
      value $0.0001 per share. Of the authorized capital stock of the Company,
      immediately after the effective time of the Share Exchange (taking into account
      a 1.371188519-for-1 stock dividend of the Company’s outstanding Common Stock,
      but before the closing of this Offering), there will be outstanding 23,156,629
      shares of Common Stock, and no warrants or options to purchase shares of Common
      Stock. Except as disclosed in the SEC Reports or the Offering Documents, there
      are no additional outstanding options, warrants, script rights to subscribe
      to,
      calls or commitments of any character whatsoever relating to, or securities,
      rights or obligations convertible into or exchangeable for, or giving any person
      any right to subscribe for or acquire from the Company, any shares of Common
      Stock, or contracts, commitments, understandings or arrangements by which the
      Company or any subsidiary is or may become bound to issue additional shares
      of
      Common Stock, or securities or rights convertible or exchangeable into shares
      of
      Common Stock. Except as described in the Offering Documents, the issuance and
      sale of the Shares will not obligate the Company to issue shares of Common
      Stock
      or other securities to any person (other than the Subscribers) and will not
      result in a right of any holder of Company securities to adjust the exercise,
      conversion, exchange or reset price under such securities. The shares of the
      Company’s capital stock outstanding immediately after the effective time of the
      Share Exchange (but before the closing of the Offering) are or will be duly
      authorized and validly issued and are or will be fully paid and nonassessable.
      None of the outstanding shares of Common Stock or options, warrants, or rights
      or other securities entitling the holders to acquire Common Stock has been
      issued in violation of the preemptive rights of any security holder of the
      Company. No holder of any of the Company’s securities has any rights, “demand,”
“piggy-back” or otherwise, to have such securities registered by reason of the
      intention to file, filing or effectiveness of the Registration Statement (as
      defined below), except as contemplated by the Exchange Agreement. Out of the
      23,156,629 shares of Common Stock referenced above, 1,999,192 are owned by
      employees or affiliates of WestPark Capital, Inc. (the “WestPark Affiliates),
      such parties having agreed to a lock-up of 1,528,933 said shares with certain
      third parties, to be effective upon the Closing Date, pursuant to which they
      agreed not to sell their shares of Common Stock of the Company until nine (9)
      months following the day the Company’s common stock begins to be traded on
      either the New York Stock Exchange, American Stock Exchange, NASDAQ Global
      Market, NASDAQ Capital Market the OTC Bulletin Board or the Pink Sheets. The
      Shares to be issued to the Subscriber have been duly authorized, and when issued
      and paid for in accordance with this Subscription Agreement, the Common Stock
      will be duly and validly issued, fully paid and non-assessable will be duly
      and
      validly issued, fully paid and non-assessable.

     

    
      
        
        

      

      
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    3.4  Authorization.
      The
      Offering Documents have been duly and validly authorized by the Company and
      TME.
      This Subscription Agreement, assuming due execution and delivery by the
      Subscriber, when the Subscription Agreement is executed and delivered by the
      Company, will be, valid and binding obligations of the Company, enforceable
      in
      accordance with their respective terms, except as the enforceability hereof
      and
      thereof may be limited by bankruptcy, insolvency, reorganization, moratorium
      or
      other similar laws now or hereafter in effect relating to or affecting
      creditors’ rights generally and general principles of equity, regardless of
      whether enforcement is considered in a proceeding in equity or at
      law.

     

    3.5  Non-Contravention.
      The
      execution and delivery of the Offering Documents by the Company and TME, the
      issuance of the Shares as contemplated by the Offering Documents and the
      completion by the Company and TME of the other transactions contemplated by
      the
      Offering Documents do not and will not, with or without the giving of notice
      or
      the lapse of time, or both, (i) result in any violation of any provision of
      the
      articles of incorporation or by-laws or similar instruments of the Company
      or
      TME or their respective subsidiaries, (ii) conflict with or result in a breach
      by the Company or TME or their respective subsidiaries of any of the terms
      or
      provisions of, or constitute a default under, or result in the modification
      of,
      or result in the creation or imposition of any lien, security interest, charge
      or encumbrance upon any of the properties or assets of the Company or TME or
      their respective subsidiaries, pursuant to any agreements, instruments or
      documents filed as exhibits to the SEC Reports or any indenture, mortgage,
      deed
      of trust or other agreement or instrument to which TME or any of its
      subsidiaries is a party or by which TME or any of its subsidiaries or any of
      its
      properties or assets are bound or affected, in any such case which would have
      a
      material adverse effect on the business, properties, operations, condition
      (financial or other), results of operations or prospects of the Company and
      TME
      and their respective subsidiaries, taken as a whole, or the validity or
      enforceability of, or the ability of the Company or TME to perform their
      obligations under, the Offering Documents, (iii) violate or contravene any
      applicable law, rule or regulation or any applicable decree, judgment or order
      of any court, United States federal or state regulatory body, administrative
      agency or other governmental body having jurisdiction over TME or any of its
      subsidiaries or any of its respective properties or assets that would have
      a
      material adverse effect on the business, properties, operations, condition
      (financial or other), results of operations or prospects of the Company and
      its
      subsidiaries (after the effective time of the Share Exchange), taken as a whole,
      or the validity or enforceability of, or the ability of the Company or TME
      to
      perform its obligations under, the Offering Documents, or (iv) have any material
      adverse effect on any permit, certification, registration, approval, consent,
      license or franchise necessary for the Company or its subsidiaries (after the
      effective time of the Share Exchange) to own or lease and operate any of its
      properties and to conduct any of its business or the ability of the Company
      or
      its subsidiaries to make use thereof.

     

    3.6  Information
      Provided.
      The
      Company hereby represents and warrants to the Subscriber that the information
      set forth in the Offering Memorandum, the SEC Reports and any other document
      provided by the Company (or the Company’s authorized representatives) to the
      Subscriber in connection with the transactions contemplated by this Subscription
      Agreement, does not contain any untrue statement of a material fact or omit
      to
      state any material fact necessary in order to make the statements therein,
      in
      the light of the circumstances under which they are made, not misleading, it
      being understood that for purposes of this Section 3.6, any statement contained
      in such information shall be deemed to be modified or superseded for purposes
      of
      this Section 3.6 to the extent that a statement in any document included in
      such
      information which was prepared and furnished to the Subscriber on a later date
      or filed with the SEC on a later date modifies or replaces such statement,
      whether or not such later prepared and furnished or filed statement so states.
      TME hereby represents and warrants to the Subscriber that the information set
      forth in the Offering Memorandum and any other document provided by TME (or
      TME’s authorized representatives) to the Subscriber in connection with the
      transactions contemplated by this Subscription Agreement, does not contain
      any
      untrue statement of a material fact or omit to state any material fact necessary
      in order to make the statements therein, in the light of the circumstances
      under
      which they are made, not misleading.

     

    
      
        
        

      

      
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    3.7  Absence
      of Certain Proceedings.
      Except
      as disclosed in the SEC Reports, neither the Company nor TME is aware of any
      action, suit, proceeding, inquiry or investigation before or by any court,
      public board or body, or governmental agency pending or threatened against
      or
      affecting the Company or TME or any of their respective subsidiaries, in any
      such case wherein an unfavorable decision, ruling or finding would have a
      material adverse effect on the business, properties, operations, condition
      (financial or other), results of operations or prospects of the Company or
      TME,
      or the transactions contemplated by the Offering Documents or which could
      adversely affect the validity or enforceability of, or the authority or ability
      of the Company or TME to perform its obligations under, the Offering Documents;
      and to the Company’s and TME’s knowledge there is not pending or contemplated
      any, and there has been no, investigation by the SEC involving the Company
      or
      TME or any of their current or former directors or officers.

     

    3.8  Compliance
      with Law.
      Neither
      the Company nor TME nor any of their respective subsidiaries is in violation
      of
      or has any liability under any statute, law, rule, regulation, ordinance,
      decision or order of any governmental agency or body or any court, domestic
      or
      foreign, except where such violation or liability would not individually or
      in
      the aggregate have a material adverse effect on the business, properties,
      operations, condition (financial or other), results of operations or prospects
      of the Company and its subsidiaries (after the effective time of the Share
      Exchange), taken as a whole; and to the knowledge of the Company and TME there
      is no pending investigation that would reasonably be expected to lead to such
      a
      claim.

     

    3.9  Tax
      Matters.
      The
      Company and TME and each of their respective subsidiaries has filed all federal,
      state and local income and franchise tax returns required to be filed and has
      paid all taxes shown by such returns to be due, and no tax deficiency has been
      determined adversely to the Company or TME or any of their respective
      subsidiaries which has had (nor does the Company or TME or any of their
      respective subsidiaries have any knowledge of any tax deficiency which, if
      determined adversely to the Company or TME or any of their respective
      subsidiaries, might have) a material adverse effect on the business, properties,
      operations, condition (financial or other), results of operations, or prospects
      of the Company or any of its subsidiaries (after the effective time of the
      Share
      Exchange), taken as a whole.

     

    
      
        
        

      

      
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    4.  Registration
      Rights

     

    4.1  Registration
      Requirement.
      Subject
      to the terms and limitations hereof, the Company shall file a registration
      statement on Form SB-2 or other appropriate registration document under the
      Act
      (the “Registration Statement”) for resale of the Common Stock underlying the
      Shares, all shares held by the shareholders of the Company, excluding shares
      held by the Westpark Affiliates, immediately prior to the Close (the
“Registrable Securities”) and shall use its reasonable best efforts to maintain
      the Registration Statement effective for a period of twenty-four (24) months
      at
      the Company’s expense (the “Effectiveness Period”). The Company shall file such
      Registration Statement no later than thirty (30) days after the Closing Date
      (the “Registration Filing Date”), and shall use reasonable best efforts to cause
      such Registration Statement to become effective within one hundred and fifty
      (150) days after the Closing Date, or one hundred eighty (180) days after the
      Closing Date if the Registration Statement is subject to a full review by the
      SEC. Subject to the conditions and limitations hereof, including the limitations
      set forth in Section 4.2, the Company’s failure to satisfy the obligations
      specified in the immediately preceding sentence shall require the Company to
      make a cash payment, as liquidated damages, to the Subscriber of 0.0333% of
      the
      Purchase Price of the Shares sold to the Subscriber under this Subscription
      Agreement for each business day of such failure. For the avoidance of doubt,
      any
      right to receive such cash payment shall be Subscriber’s sole and exclusive
      remedy for the failure of the Company to satisfy the obligations under this
      Section 4.1. All shares which are beneficially owned by Westpark Affiliates
      will
      be included in a subsequent registration statement filed by the Company within
      ten (10) days after the end of the six-month period that immediately follows
      the
      date on which the Company files the registration statement to register the
      Shares.

     

    4.2  Limitation
      to Registration Requirement.
      Notwithstanding the foregoing, the Company shall not be obligated to effect
      any
      registration of the Registrable Securities or take any other action pursuant
      to
      this Section 4: (i) in any particular jurisdiction in which the Company would
      be
      required to execute a general consent to service of process in effecting such
      registration, qualification or compliance unless the Company is already subject
      to service in such jurisdiction and except as may be required by the Act, or
      (ii) during any period in which the Company suspends the rights of a subscriber
      after giving the Subscriber written notification of a Potential Material Event
      (defined below) pursuant to Section 4.6 hereof. 

     

    4.3  Expenses
      of Registration.
      Except
      as otherwise expressly set forth, the Company shall bear all expenses incurred
      by the Company in compliance with the registration obligation of the Company,
      including, without limitation, all registration and filing fees, printing
      expenses, fees and disbursements of counsel for the Company incurred in
      connection with any registration, qualification or compliance pursuant to this
      Subscription Agreement and all underwriting discounts, selling commissions
      and
      expense allowances applicable to the sale of any securities by the Company
      for
      its own account in any registration. All underwriting discounts, selling
      commissions and expense allowances applicable to the sale by Subscriber of
      Registrable Securities and all fees and disbursements of counsel for the
      Subscriber shall be borne by the Subscriber.

     

    4.4  Indemnification.

     

    
      
        
        

      

      
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    (a)  To
      the
      extent permitted by law the Company will indemnify each Subscriber, each of
      its
      officers, directors, agents, employees and partners, and each person controlling
      such Subscriber, with respect to each registration, qualification or compliance
      effected pursuant to this Agreement, and each underwriter, if any, and each
      person who controls any underwriter, and their respective counsel against all
      claims, losses, damages and liabilities (or actions, proceedings or settlements
      in respect thereof) arising out of or based on (i) any untrue statement (or
      alleged untrue statement) of a material fact contained in any prospectus,
      offering circular or other document prepared by the Company (including any
      related registration statement, notification or the like) incident to any such
      registration, qualification or compliance, or (ii) any omission (or alleged
      omission) to state therein a material fact required to be stated therein or
      necessary to make the statements therein not misleading, or any violation by
      the
      Company of the Act or any rule or regulation thereunder applicable to the
      Company and relating to action or inaction required of the Company in connection
      with any such registration, qualification or compliance, and subject to the
      provisions of Section 4.4(c) below, will reimburse each such Subscriber, each
      of
      its officers, directors, agents, employees and partners, and each person
      controlling such Subscriber, each such underwriter and each person who controls
      any such underwriter, for any legal and any other expenses as they are
      reasonably incurred in connection with investigating and defending any such
      claim, loss, damage, liability or action, provided that the Company will not
      be
      liable in any such case to the extent that any such claim, loss, damage,
      liability or expense arises out of or is based on any untrue statement (or
      alleged untrue statement) or omission (or alleged omissions) based upon written
      information furnished to the Company by (or on behalf of) such Subscriber or
      underwriter, or if the person asserting any such loss, claim, damage or
      liability (or action or proceeding in respect thereof did not receive a copy
      of
      an amended preliminary prospectus or the final prospectus (or the final
      prospectus as amended and supplemented) at or before the written confirmation
      of
      the sale of such Registrable Securities to such person because of the failure
      of
      the Subscriber or underwriter to so provide such amended preliminary or final
      prospectus (or the final prospectus as amended and supplemented); provided,
      however, that the indemnity agreement contained in this subsection shall not
      apply to amounts paid in settlement of any such loss, claim, damage, liability
      or action if such settlement is effected without the consent of the Company
      (which consent shall not be unreasonably withheld), nor shall the Company be
      liable in any such case for any such loss, claim, damage, liability or action
      to
      the extent that it arises out of or is based upon a violation which occurs
      in
      reliance upon and in conformity with written information furnished expressly
      for
      use in connection with such registration by the Subscriber, any such partner,
      officer, director, employee, agent or controlling person of such Subscriber,
      or
      any such underwriter or any person who controls any such underwriter; provided,
      however, that the obligations of the Company hereunder shall be limited to
      an
      amount equal to the portion of net proceeds represented by the Registrable
      Securities pursuant to this Subscription Agreement.

     

    (b)  To
      the
      extent permitted by law, each Subscriber whose Registrable Securities are
      included in any registration, qualification or compliance effected pursuant
      to
      this Subscription Agreement will indemnify the Company, and its directors,
      officers, agents, employees and each underwriter, if any, of the Company’s
      securities covered by such a registration statement, each person who controls
      the Company or such underwriter within the meaning of the Act and the rules
      and
      regulations thereunder, each other such Subscriber and each of their officers,
      directors, partners, agents and employees, and each person controlling such
      Subscriber, and their respective counsel against all claims, losses, damages
      and
      liabilities (or actions in respect thereof) arising out of or based on any
      untrue statement (or alleged untrue statement) of a material fact contained
      in
      any such registration statement, prospectus, offering circular or other
      document, or any omission (or alleged omission) to state therein a material
      fact
      required to be stated therein or necessary to make the statements therein not
      misleading, and will reimburse the Company and such Subscribers, directors,
      officers, partners, persons, underwriters or control persons for any legal
      or
      any other expenses as they are reasonably incurred in connection with
      investigating or defending any such claim, loss, damage, liability or action,
      in
      each case to the extent, but only to the extent, that such untrue statement
      (or
      alleged untrue statement) or omission (or alleged omission) is made in such
      registration statement, prospectus, offering circular or other document in
      reliance upon and in conformity with written information furnished to the
      Company by such Subscriber; provided,
      however,
      that
      the obligations of any Subscriber hereunder shall be limited to an amount equal
      to the net proceeds to such Subscriber from Registrable Securities sold under
      such registration statement, prospectus, offering circular or other document
      as
      contemplated herein; provided, further, that the indemnity agreement contained
      in this subsection shall not apply to amounts paid in settlement of any such
      loss, claim, damage, liability or action if such settlement is effected without
      the consent of the Subscriber, which consent shall not be unreasonably withheld
      or delayed.

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

       

    

    (a)  Each
      party entitled to indemnification under this Section (the “Indemnified Party”)
      shall give notice to the party required to provide indemnification (the
“Indemnifying Party”) promptly after such Indemnified Party has actual knowledge
      of any claim as to which indemnity may be sought, and shall permit the
      Indemnifying Party to assume the defense of any such claim or any litigation
      resulting therefrom, provided that counsel for the Indemnifying Party, who
      shall
      conduct the defense of such claim or any litigation resulting therefrom, shall
      be approved by the Indemnified Party (whose approval shall not unreasonably
      be
      withheld), and the Indemnified Party may participate in such defense at such
      party’s expense; and provided further that if any Indemnified Party reasonably
      concludes that there may be one or more legal defenses available to it that
      are
      not available to the Indemnifying Party, or that such claim or litigation
      involves or could have an effect on matters beyond the scope of this Agreement,
      then the Indemnified Party may retain its own counsel at the expense of the
      Indemnifying Party; and provided further that the failure of any Indemnified
      Party to give notice as provided herein shall not relieve the Indemnifying
      Party
      of its obligations under this Agreement unless and only to the extent that
      such
      failure to give notice results in material prejudice to the Indemnifying Party.
      No Indemnifying Party, in the defense of any such claim or litigation, shall,
      except with the consent of each Indemnified Party, consent to entry of any
      judgment or enter into any settlement which does not include as an unconditional
      term thereof the giving by the claimant or plaintiff to such Indemnified Party
      of a release from all liability in respect to such claim or litigation. Each
      Indemnified Party shall furnish such information regarding itself or the claim
      in question as an Indemnifying Party may reasonably request in writing and
      as
      shall be reasonably required in connection with defense of such claim and
      litigation resulting therefrom.

     

    (b)  If
      the
      indemnification provided for in this Section is held by a court of competent
      jurisdiction to be unavailable to an Indemnified Party with respect to any
      loss,
      liability, claim, damage or expense referred to herein, then the Indemnifying
      Party, in lieu of indemnifying such Indemnified Party hereunder, shall
      contribute to the amount paid or payable by such Indemnified Party as a result
      of such loss, liability, claim, damage or expense in such proportion as is
      appropriate to reflect the relative fault of the Indemnifying Party on the
      one
      hand and of the Indemnified Party on the other in connection with the statements
      or omissions which resulted in such loss, liability, claim, damage or expense
      as
      well as any other relevant equitable considerations. The relative fault of
      the
      Indemnifying Party and of the Indemnified Party shall be determined by reference
      to, among other things, whether the untrue or alleged untrue statement of a
      material fact or the omission to state a material fact relates to information
      supplied by the Indemnifying Party or by the Indemnified Party and the parties’
relative intent, knowledge, access to information and opportunity to correct
      or
      prevent such statement or omission.

     

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

       

    

    4.5  Transfer
      or Assignment of Registration Rights.
      The
      Registrable Securities, and any related benefits to the Subscriber hereunder
      may
      be transferred or assigned by the Subscriber to a permitted transferee or
      assignee, provided that the Company is given written notice of such transfer
      or
      assignment, stating the name and address of said transferee or assignee and
      identifying the Registrable Securities with respect to which such registration
      rights are being transferred or assigned; provided further that the transferee
      or assignee of such Registrable Securities shall be deemed to have assumed
      the
      obligations of the Subscriber under this Subscription Agreement by the
      acceptance of such assignment and shall, upon request from the Company, evidence
      such assumption by delivery to the Company of a written agreement assuming
      such
      obligations of the Subscriber.

     

    4.6  Registration
      Procedures.
      In the
      case of the registration effected by the Company pursuant to this Subscription
      Agreement, the Company will keep the Subscriber advised in writing as to the
      initiation of each registration and as to the completion thereof. The Company
      will:

     

    (a)  Prepare
      and file with the SEC such amendments and supplements to such registration
      statement and the prospectus used in connection with such registration statement
      as may be necessary to comply with the provisions of the Act with respect to
      the
      disposition of securities covered by such registration statement;

     

    (b)  Respond
      as promptly as reasonably practicable to any comments received from the SEC
      with
      respect to a registration statement or any amendment thereto.

     

    (c)  Notify
      the Subscriber as promptly as reasonably practicable and (if requested by any
      such person) confirm such notice in writing no later than one trading day
      following the day (A) when a prospectus or any prospectus supplement or
      post-effective amendment to a registration statement is proposed to be filed
      and
      (B) with respect to a registration statement or any post-effective amendment,
      when the same has become effective; 

     

    (d)  Furnish
      such number of prospectuses and other documents incident thereto, including
      supplements and amendments, as the Subscriber may reasonably request;

     

    (e)  Furnish
      to the Subscriber, upon request, a copy of all documents filed with and all
      correspondence from or to the SEC in connection with any such registration
      statement other than non-substantive cover letters and the like;

     

    (f)  Use
      its
      reasonable best efforts to avoid the issuance of, or, if issued, obtain the
      withdrawal of (i) any order suspending the effectiveness of a registration
      statement, or (ii) any suspension of the qualification (or exemption from
      qualification) of any of the Registrable Securities for sale in any
      jurisdiction, at the earliest practicable moment; and

     

    (g)  Use
      its
      reasonable best efforts to comply with all applicable rules and regulations
      of
      the SEC.

     

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

       

    

    Notwithstanding
      the foregoing, if at any time or from time to time after the date hereof, the
      Company notifies the Subscriber in writing of the existence of an event or
      circumstance that is not disclosed in the Registration Statement and that may
      have a material effect on the Company or its business (a “Potential Material
      Event”), the Subscriber shall not offer or sell any Registrable Securities, or
      engage in any other transaction involving or relating to the Registrable
      Securities, from the time of the giving of notice with respect to a Potential
      Material Event until the Company notifies the Subscriber that such Potential
      Material Event either has been added to the Registration Statement by amendment
      or supplement or no longer constitutes a Potential Material Event; provided,
      that
      the Company may not so suspend the right of Subscriber for more than 120 days
      in
      the aggregate. 

     

    4.7  Statement
      of Beneficial Ownership.
      The
      Company may require the Subscriber to furnish to the Company a certified
      statement as to the number of shares of Common Stock beneficially owned by
      such
      Subscriber and the controlling person thereof and any other such information
      regarding the Subscriber, the Registrable Securities held by the Subscriber
      and
      the intended method of disposition of such securities as shall be reasonably
      required with respect to the registration of the Subscriber’s Registrable
      Securities. The Subscriber hereby understands and agrees that the Company may,
      in its sole discretion, exclude the Subscriber’s shares of Common Stock from the
      Registration Statement in the event that the Subscriber fails to provide such
      information requested by the Company within the time period reasonably specified
      by the Company or is required to do so by law or the SEC.

     

    4.8  Compliance.
      Subscriber covenants and agrees that such Subscriber will comply with the
      prospectus delivery requirements of the Act as applicable to such Subscriber
      in
      connection with sales of Registrable Securities pursuant to the registration
      statement required hereunder.

     

    4.9  Piggy-Back
      Registrations.
      If at
      any time during the Effectiveness Period there is not an effective registration
      statement covering all of the Registrable Securities and the Company shall
      determine to prepare and file with the SEC a registration statement relating
      to
      an offering for its own account or the account of others under the Act of any
      of
      its Common Stock, other than an offering of securities issued pursuant to a
      Strategic Issuance (as defined below) and other than a Form S-4 or Form S-8
      registration statement (each as promulgated under the Act or their then
      equivalents relating to equity securities to be issued solely in connection
      with
      any business combination transaction, acquisition of any entity or business
      or
      equity securities issuable in connection with stock option or other employee
      benefit plans), then the Company shall send to the Subscriber (together with
      any
      other holders of its Common Stock possessing “piggyback registration rights”
comparable to those granted to the Subscriber hereunder (“Rightsholders”))
      written notice of such determination and, if within fifteen (15) days after
      receipt of such notice, the Subscriber shall so request in writing, the Company
      shall include in such registration statement all or any part of such Registrable
      Securities such Subscriber requests to be registered; provided that the Company
      shall not be required to register any Registrable Securities pursuant to this
      Section that are eligible for resale pursuant to Rule 144(k) promulgated under
      the Act; and provided further that the Company may, without the consent of
      the
      Subscriber, withdraw such registration statement before its becoming effective
      if the Company or other stockholders have elected to abandon the proposal to
      register the securities proposed to be registered thereunder. If the
      registration statement is being filed for an underwritten public offering,
      the
      Subscriber must timely execute and deliver the usual and customary agreement
      among the Company, such Subscriber and the underwriters relating to the
      registration including a lock-up agreement if requested by the underwriters
      with
      respect to any shares of Common Stock not included in the registration, on
      terms
      no less favorable than those agreed to by the Company, its directors and its
      officers. If the registration statement is being filed for an underwritten
      offer
      and sale by the Company of securities for its own account and the managing
      underwriters advise the Company in writing that in their opinion the offering
      contemplated by the registration statement cannot be successfully completed
      if
      the Company were to also register the Registrable Shares of the Subscriber
      requested to be included in such registration statement, then the Company will
      include in the registration: (i) first, any securities the Company proposes
      to
      sell, (ii) second, any securities of any person whose securities are being
      registered as a result of the exercise of a demand registration right, and
      (iii)
      third, that portion of the aggregate number of shares being requested for
      inclusion in the registration statement by (X) the Subscriber and (Y) all other
      Rightsholders, which in the opinion of such managing underwriters can
      successfully be sold, such number of shares to be taken pro
      rata
      from the
      Rightsholders on the basis of the total number of shares being requested for
      inclusion in the registration statement by each Rightsholder. “Strategic
      Issuance” shall mean an issuance of securities: (i) in connection with a
“corporate partnering” transaction or a “strategic alliance” (as determined by
      the Board of Directors of the Company in good faith); (ii) in connection with
      any financing transaction in respect of which the Company is a borrower; or
      (iii) to a vendor, lessor, lender, or customer of the Company, or a research,
      manufacturing or other commercial collaborator of the Company, in a transaction
      approved by the Board of Directors, provided in any case, that such issuance
      is
      not being made primarily for the purpose of avoiding compliance with this
      Subscription Agreement.

     

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

       

    

    5.  Miscellaneous

     

    5.1  Subject
      to the terms and conditions specified in this Section 5.1, the Company hereby
      grants to the Subscribers who hold Shares preemptive rights with respect to
      the
      next future sale by the Company of its Newly Issued Shares (as
      defined).

     

    At
      the
      time of next issuance of at least Three Million Dollars ($3,000,000) by the
      Company of any shares of, or securities convertible into or exercisable for
      any
      shares of, any class of its capital stock (“Newly Issued Shares”), the Company
      shall, on a one-time basis only, first make an offering of at least Three
      Million Dollars ($3,000,000) of such Newly Issued Shares to the Subscribers
      in
      accordance, with the following provisions:

    

    (a) The
      Company shall deliver notice (“Preemptive Notice”) to each Subscriber stating

    

    (i) its
      bona
      fide intention to offer such Newly Issued Shares, 

    

    (ii) the
      number of such Newly Issued Shares to be offered, 

    

    (iii) the
      price
      and terms, if any, upon which it proposes to offer such Newly Issued Shares,
      and

    

    (iv) such
      other information as the Subscriber may reasonably request to make its decision
      whether to purchase such Newly Issued Shares.

    

    
      
        
        

      

      
        15

        
          

        

      

      
        
        

      

       

    

    (b) Within
      15
      calendar days after giving of the Preemptive Notice, any Subscriber may elect
      to
      purchase or obtain, at the price and on the terms specified in the Preemptive
      Notice, up to that portion of such Newly Issued Shares up to an aggregate
      maximum of Three Million Dollars ($3,000,000) of such Shares which equals the
      proportion that the number of shares of Common Stock issuable upon conversion
      of
      the Shares then held, by such Subscriber bears to the total number of shares
      of
      Common Stock issuable upon conversion of the Shares then held by all Subscribers
      of the Company then outstanding, provided however, that in the event that the
      Subscribers do not opt to purchase all of the Newly Issued Shares which the
      Investors are entitled to obtain on such basis, each of the Investors exercising
      its pre-emptive rights pursuant to this Section 5.1(b) shall be entitled to
      purchase additional shares equal to such Investor’s pro-rata portion of such
      remaining shares.

    

    (c) If
      all
      Newly Issued Shares which the Subscribers are entitled to obtain pursuant to
      Section 5.1(b) are not elected to be obtained as provided in Section 5.1(b)
      hereof, the Company may, during the 120-day period following the expiration
      of
      the period provided in Section 5.1(b) hereof, offer the remaining unsubscribed
      portion of such Newly Issued Shares to any person or persons at a price not
      less
      than, and upon terms no more favorable to the offeree than, those specified
      in
      the Preemptive Notice. If the Company does not enter into an agreement for
      the
      sale of the Newly Issued Shares within such period, or if such agreement is
      not
      consummated within 30 days of the execution thereof, the right provided
      hereunder shall be deemed to be revived and such Newly Issued Shares shall
      not
      be offered unless first reoffered to the Subscribers in accordance with this
      Section 5.1.

    

    (d) 
      The
      preemptive rights in this Section 5.1 shall not be applicable: 

    

    (i) to
      the
      issuance or sale of shares of Common Stock to employees, officers, directors,
      consultants and service providers of the Company under any stock option or
      stock
      purchase plan as may be approved by the Board of Directors; 

    

    (ii) to
      shares
      of the Company’s Common Stock issued pursuant to a bona fide public offering
      registered under the Act; 

    

    (iii) to
      the
      issuance of securities in connection with a bona fide business acquisition
      of or
      by the Company, whether by merger, consolidation, sale of assets, sale or
      exchange of stock or otherwise; 

    

    (iv) to
      shares
      of the Company’s Common Stock or Preferred Stock issued in connection with any
      stock split, stock dividend, recapitalization and the like by the Company
      following approval by the Board of Directors; 

    

    (v) to
      the
      issuance of securities issuable upon conversion of the Shares, and 

    

    (vi) to
      securities issued to the lenders, equipment or real property lessors or to
      strategic partners approved by the Board of Directors.

    

    
      
        
        

      

      
        16

        
          

        

      

      
        
        

      

       

    

    (e) The
      preemptive rights set forth in this Section 5.1 shall terminate after the first
      referenced offering after the effective date of the Share Exchange of at least
      Three Million Dollars ($3,000,000) of Newly Issued Shares.

    

    5.2  By
      their
      execution hereof and as a condition to the Closing, each Subscriber agrees
      to
      enter into a lock up agreement pursuant to which they will each agree not to
      sell their Shares or Common Stock underlying the Shares until the Company’s
      Common Stock begins to be traded on either the New York Stock Exchange, American
      Stock Exchange, NASDAQ Global Market or NASDAQ Capital Market, after which
      the
      one-ninth of such shares will automatically be released from the lock up on
      a
      monthly basis.

     

    5.3  Any
      notice or other communication given hereunder shall be deemed sufficient if
      in
      writing and sent by registered or certified mail, return receipt requested,
      addressed to the Company, at Times Manufacture & E-Commerce Corporation
      Limited, Room 1601-1604, 16/F., CRE Centre, 889 Cheung Sha Wan Road, Kowloon,
      Hong Kong, Attention: Mr. Kwong Kai Shun with
      a copy to
      (which
      shall not constitute notice) Kirkpatrick & Lockhart Preston Gates Ellis,
      10100 Santa Monica Blvd., Seventh Floor, Los Angeles, California 90067,
      Attention: Thomas J. Poletti, Esq., and to the Subscriber at his address
      indicated on the signature page of this Subscription Agreement. Notices shall
      be
      deemed to have been given three (3) business days after the date of mailing,
      except notices of change of address, which shall be deemed to have been given
      when received.

     

    5.4  This
      Subscription Agreement may be amended through a written instrument signed by
      the
      Subscriber, TME and the Company; provided, however, that the terms of Section
      4
      of this Subscription Agreement may be amended without the consent or approval
      of
      the Subscriber so long as such amendment applies in the same fashion to the
      subscription agreements of all of the other subscribers for Shares in the
      Offering and at least holders of a majority of the Shares sold in the Offering
      have given their approval of such amendment, which approval shall be binding
      on
      all holders of Shares. 

     

    5.5  This
      Subscription Agreement shall be binding upon and inure to the benefit of the
      parties hereto and to their respective heirs, legal representatives, successors
      and assigns. This Subscription Agreement sets forth the entire agreement and
      understanding between the parties as to the subject matter hereof and merges
      and
      supersedes all prior discussions, agreements and understandings of any and
      every
      nature among them.

     

    5.6  Notwithstanding
      the place where this Subscription Agreement may be executed by any of the
      parties hereto, the parties expressly agree that all the terms and provisions
      hereof shall be construed in accordance with and governed by the laws of the
      State of Delaware. 

     

    5.7  This
      Subscription Agreement may be executed in counterparts. It shall not be binding
      upon the Company and TME unless and until it is accepted by the Company and
      TME.
      Upon the execution and delivery of this Subscription Agreement by the
      Subscriber, this Subscription Agreement shall become a binding obligation of
      the
      Subscriber with respect to the purchase of Shares as herein provided; subject,
      however, to the right hereby reserved to the Company to enter into the same
      agreements with other subscribers and to add and/or to delete other persons
      as
      subscribers. This Agreement may be executed and delivered by
      facsimile.

     

    
      
        
        

      

      
        17

        
          

        

      

      
        
        

      

       

    

    5.8  The
      holding of any provision of this Subscription Agreement to be invalid or
      unenforceable by a court of competent jurisdiction shall not affect any other
      provision of this Subscription Agreement, which shall remain in full force
      and
      effect.

     

    5.9  It
      is
      agreed that a waiver by either party of a breach of any provision of this
      Subscription Agreement shall not operate, or be construed, as a waiver of any
      subsequent breach by that same party.

     

    5.10  The
      parties agree to execute and deliver all such further documents, agreements
      and
      instruments and take such other and further action as may be necessary or
      appropriate to carry out the purposes and intent of this Subscription
      Agreement.

     

     

    [SIGNATURE
      PAGE FOLLOWS]

    

    
      
        
        

      

      
        18

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties have executed this Subscription Agreement as of
      the
      day and year first written above.

    

      
        	
                                                
                  

              	 	
                                                       
                  

              
	
                Full
                  Legal Name of Subscriber (Please print)

                 

              	 	
                Full
                  Legal Name of Co-Subscriber (if applicable)

                 

              
	 	 	 
	
                                                
                  

              	 	
                                           
                                            
                  

              
	
                Signature
                  of (or on behalf of) Subscriber

              	 	
                Signature
                  of or on behalf of Co-Subscriber (if applicable)

              
	
                Name:

              	 	 
	
                Title:
                  

              	 	 

             

       

      
        	
                                   
                  

              	 	
                                                            
                  

              
	
                Address
                  of Subscriber

                 

              	 	
                Address
                  of Co-Subscriber (if applicable)

                 

              
	 	 	 
	
                                                
                  

              	 	
                                                                 
                  

              
	
                Social
                  Security or Taxpayer

              	 	
                Social
                  Security or Taxpayer Identification 

              
	
                Identification
                  Number of Subscriber

              	 	
                Number
                  of Co-Subscriber (if applicable)

              

      

       

      
        
          	 	 	 
	
                                  
                                                
                    

                	 	
                                                                   
                    

                
	
                  Number
                    of Shares Subscribed For

                	 	
                   

                
	
                   

                	 	
                   

                

        

      

    

     

     

    Subscription
      Agreed to and Accepted

      

     

    
      	SRKP 9,
              INC.	 	 	TIMES MANUFACTURE
&
              E-COMMERCE CORPORATION LIMITED
	 	 	 	 
	 	 	 	 	 	 
	By:	 	 	 	By:	 
	Name:	             
              	 	 	Name:	                  
              
	Title:	          
              	 	 	Title:	         

	 	 	 	 	 	 

    

     

    
      
        
        

      

      
        19

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