Document:

Exhibit
      10.7

     

    FORM
      OF FINANCIAL
      ADVISORY AND INVESTMENT BANKING AGREEMENT

     

    This
      Agreement is made and entered into as of the _____
      day of
      February, 2008 by and between Pacific Restaurant Holdings, Inc., a Delaware
      corporation (the “Company”),
      and
      Jessup & Lamont Securities Corporation, a New York corporation (the
“Advisor”).

    

    In
      consideration of the mutual promises made herein and for other good and valuable
      consideration, the receipt and sufficiency of which is hereby acknowledged,
      the
      parties hereto agree as follows:

    

    1.
      Purpose:
      The
      Company hereby engages the Advisor for the term specified in Paragraph 2 hereof
      to render consulting advice to the Company as an investment banker relating
      to
      financial and similar matters upon the terms and conditions set forth
      herein.

    

    2.
      Term:
      Except
      as otherwise specified in Paragraph 4 hereof, this Agreement shall be effective
      from ________,
      2008 to
      ________,
      2010.

    

    3. Duties
      of the Advisor:
      During
      the term of this Agreement, the Advisor shall provide advice and opinions to
      the
      Company on subjects including but not necessarily limited to management issues,
      mergers and acquisitions. Advisor will determine in its sole discretion time,
      place and manner of the services it renders as well as the overall amount of
      time Advisor expends in providing service under this Agreement. Such advice
      and
      opinions will most often be given orally. However, the Company may occasionally
      and reasonably request that advice or opinions be provided in
      writing.

    

    4. Compensation:
      In
      consideration for the services rendered by the Advisor to the Company pursuant
      to this Agreement (and in addition to the expenses provided for in Paragraph
      5
      hereof), the Company shall compensate the Advisor as follows:

    

    (a) The
      Company shall pay the Advisor a fee of $72,000 per year for the entire term
      of
      this Agreement. The $144,000 aggregate fee shall be payable on the date
      hereof.

    

    (b) In
      the
      event that any Transaction occurs during the term of this Agreement or one
      year
      thereafter, the Company shall pay fees to the Advisor as follows:

    

    
      	
              Consideration

            	 	
              Fee

            
	 	 	 
	
              $
                -
                0 - to $ 500,000

            	 	
              $25,000

            
	 	 	 
	
              $
                500,000 to $5,000,000

            	 	
              5%
                of Consideration

            
	 	 	 
	
              $5,000,000
                or more

            	 	
              $250,000
                plus 1% of the Consideration in excess of
                $5,000,000

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    For
      the
      purposes of this Agreement, “Consideration”
      shall
      mean the total market value on the day of the closing of stock, cash, assets
      and
      all other property (real or personal) exchanged or received, directly or
      indirectly by the Company or any of its security holders in connection with
      any
      Transaction. In
      the
      event that the Consideration is not in the form of Securities of a publicly
      traded company, the parties shall mutually appoint an independent third party
      to
      make a determination as to the fair market value of such property whose
      valuation shall be final. Any co-broker and/or co-underwriter retained by the
      Advisor shall be paid by the Advisor. 

    

    (c) For
      the
      purposes of the Agreement, the term “Transaction”
      shall
      include (i) any transaction originated by the Advisor, other than in the
      ordinary course of trade or business of the Company, whereby, directly or
      indirectly, control of, or a material interest in, the Company or any of its
      businesses or any of their respective assets, is transferred for Consideration,
      (ii) any transaction originated by the Advisor whereby the Company acquires
      any
      other company or the assets of any other company or an interest in any other
      company (an "Acquisition") or (iii) any joint venture or line of credit arranged
      by the Advisor for the benefit of the Company as more fully set forth in the
      next paragraph.

    

    Notwithstanding
      Paragraph 4(b) above, in the event the Advisor originates a line of credit
      with
      a lender or a corporate partner, or the Advisor introduces the Company to a
      joint venture partner or customer and sales develop as a result of the
      introduction, the Company and the Advisor will mutually agree on a satisfactory
      fee and the terms of payment of such fee. 

    

    (d) All
      fees
      to be paid pursuant to this Agreement, except as otherwise specified, are due
      and payable to the Advisor in cash at the closing or closings of any
      Transaction. In the event that this Agreement shall not be renewed or if
      terminated for any reason, notwithstanding any such non-renewal or termination,
      the Advisor shall be entitled to the full fees set forth in Section 4(a) for
      the
      entire term of this Agreement and a full fee and repayment of all expenses
      as
      provided under Paragraphs 4(b) and 5 hereof, for any Transaction for which
      the
      discussions were initiated during the term of this Agreement and which is
      consummated within a period of 12 months after non-renewal or termination of
      this Agreement. Nothing herein shall impose any obligation on the part of the
      Company to enter into any Transaction.

    

    5. Expenses
      of the Advisor:
      In
      addition to the fees payable hereunder and regardless of whether any Transaction
      is proposed or consummated, the Company shall reimburse the Advisor for all
      reasonable fees and disbursements of the Advisor's counsel and the Advisor's
      travel and out-of-pocket expenses incurred in connection with the services
      performed by them pursuant to this Agreement, including without limitation,
      hotels, food and associated expenses and long-distance telephone calls, except
      that all fees and disbursements of the Advisor's counsel and expenses exceeding
      $500 must be pre-approved in writing by the Company.

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

     

    6. Liability
      of the Advisor:

    

    The
      Company acknowledges that all opinions and advice (written or oral) given by
      the
      Advisor to the Company in connection with the Advisor's engagement are intended
      solely for the benefit and use of the Company in considering the Transaction
      to
      which they relate, and the Company agrees that no person or entity other than
      the Company shall be entitled to make use of or rely upon the advice of the
      Advisor to be given hereunder, and no such opinion or advice shall be used
      for
      any other purpose or reproduced, disseminated, quoted or referred to at any
      time, in any manner or for any purpose, nor may the Company make any public
      references to the Advisor, or use the Advisor's name in any annual reports
      or
      any other reports or releases of the Company, in
      each case,
      without
      the Advisor's prior written consent.

    

    7.
      The
      Advisor's Services to Others:
      

    

    The
      Company acknowledges that the Advisor or its affiliates are in the business
      of
      providing financial services and consulting advice to others. Nothing herein
      contained shall be construed to limit or restrict the Advisor in conducting
      such
      business with respect to others, or in rendering such advice to
      others.

    

    8.
      Company
      Information:

    

    (a) The
      Company recognizes and confirms that, in advising the Company and in fulfilling
      its engagement hereunder, the Advisor will use and rely on data, material and
      other information furnished to the Advisor by the Company. The Company
      acknowledges and agrees that in performing its services under this engagement,
      the Advisor may rely upon the data, material and other information supplied
      by
      the Company without independently verifying the accuracy, completeness or
      veracity of same.

    

    (b) Except
      as
      contemplated by the terms hereof or as required by applicable law in the opinion
      of counsel to the Company, the Advisor shall keep confidential all non-public
      information provided to it by the Company, and shall not disclose such
      information to any third party without the Company's prior written consent,
      other than such of its employees and advisors as the Advisor determines to
      have
      a need to know. In the event that the Advisor discloses such information to
      its
      employees or advisors, it will cause such employees or advisors to be bound
      by
      the provisions of this Section 8(b).

    

    9.
      Indemnification:

     

    (a) The
      Company shall indemnify and hold harmless the Advisor against any and all
      liabilities, claims, lawsuits, including any and all awards and/or judgments
      to
      which it may become subject under the Securities Act of 1933 (the "1933 Act"),
      the Securities Exchange Act of 1934, (the "Act") or any other federal or state
      statute, at common law or otherwise, insofar as said liabilities, claims and
      lawsuits (including costs, expenses, awards and/or judgments) arise out of
      or
      are in connection with the services rendered by the Advisor or any Transactions
      effected in connection with this Agreement, except for any liabilities, claims
      and lawsuits (including awards and/or judgments), arising out of acts or
      omissions of the Advisor. In addition, the Company shall also indemnify and
      hold
      harmless the Advisor against any and all costs and expenses, including
      reasonable counsel fees, incurred or relating to the foregoing.

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

     

    The
      Advisor shall give the Company prompt notice of any such liability, claim or
      lawsuit which the Advisor contends is the subject matter of the Company's
      indemnification and the Company thereupon shall be granted the right to take
      any
      and all necessary and proper action, at its sole cost and expense, with respect
      to such liability, claim and lawsuit, including the right to settle, compromise
      and dispose of such liability, claim or lawsuit, excepting therefrom any and
      all
      proceedings or hearings before any regulatory bodies and/or
      authorities.

    

    The
      Advisor shall indemnify and hold harmless the Company against any and all
      liabilities, claims and lawsuits, including any and all awards and/or judgments
      to which it may become subject under the 1933 Act, the Act or any other federal
      or state statute, at common law or otherwise, insofar as said liabilities,
      claims and lawsuits (including costs, expenses, awards and/or judgments) arise
      out of or are based upon any untrue statement or alleged untrue statement of
      a
      material fact or the omission to disclose a material fact required to be stated
      or necessary to make the statement not misleading, which statement or omission
      was made in reliance upon information furnished in writing to the Company by
      or
      on behalf of the Advisor for inclusion in any registration statement, prospectus
      or other document or any amendment or supplement thereto in connection with
      any
      Transaction to which this Agreement applies. In addition, the Advisor shall
      also
      indemnify and hold harmless the Company against any and all costs and expenses,
      including reasonable counsel fees, incurred or relating to the
      foregoing.

    

    The
      Company shall give the Advisor prompt notice of any such liability, claim or
      lawsuit which the Company contends is the subject matter of the Advisor's
      indemnification and the Advisor thereupon shall be granted the right to a take
      any and all necessary and proper action, at its sole cost and expense, with
      respect to such liability, claim and lawsuit, including the right to settle,
      compromise or dispose of such liability, claim or lawsuit, excepting therefrom
      any and all proceedings or hearings before any regulatory bodies and/or
      authorities.

    

    (b) In
      order
      to provide for just and equitable contribution under the 1933 Act in any case
      in
      which (i) any person entitled to indemnification under this Paragraph 9 makes
      claim for indemnification pursuant hereto but it is judicially determined (by
      the entry of a final judgment or decree by a court of competent jurisdiction
      and
      the expiration of time to appeal or the denial of the last right of appeal)
      that
      such indemnification may not be enforced in such case notwithstanding the fact
      that this Paragraph 9 provides for indemnification in such case, or (ii)
      contribution under the 1933 Act may be required on the part of any such person
      in circumstances for which indemnification is provided under this Paragraph
      9,
      then, and in each such case, the Company and the Advisor shall contribute to
      the
      aggregate losses, claims, damages or liabilities to which they may be subject
      (after any contribution from others) in such proportion taking into
      consideration the relative benefits received by each party from the offering
      covered by the prospectus or other document with respect to any Transactions
      in
      connection with this Agreement (taking into account the portion of the proceeds
      of the offering realized by each), the parties' relative knowledge and access
      to
      information concerning the matter with respect to which the claim was assessed,
      the opportunity to correct and prevent any statement or omission and other
      equitable considerations appropriate under the circumstances; provided, however,
      that notwithstanding the above in no event shall the Advisor be required to
      contribute any amount in excess of 10% of the offering price of any securities
      to which such prospectus applies; and provided, that, in any such case, no
      person guilty of a fraudulent misrepresentation (within the meaning of Section
      11(f) of the 1933 Act) shall be entitled to contribution from any person who
      was
      not guilty of such fraudulent misrepresentation.

     

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

     

    Within
      15
      days after receipt by any party to this Agreement (or its representative) of
      notice of the commencement of any action, suit or proceeding, such party will,
      if a claim for contribution in respect thereof is to be made against another
      party (the "Contributing Party"), notify the Contributing Party of the
      commencement thereof, but the omission to so notify the Contributing Party
      will
      not relieve it from any liability which it may have to any other party other
      than for contribution hereunder. In case any such action, suit or proceeding
      is
      brought against any party, and such party notifies a Contributing Party or
      his
      or its representative of the commencement thereof within the aforesaid 15 days,
      the Contributing Party will be entitled to participate therein with the
      notifying party and any other Contributing Party similarly notified. Any such
      Contributing Party shall not be liable to any party seeking contribution on
      account of any settlement of any claim, action or proceeding effected by such
      party seeking contribution without the written consent of the Contributing
      Party. The indemnification provisions contained in this Paragraph 9 are in
      addition to any other rights or remedies which either party hereto may have
      with
      respect to the other or hereunder.

    

    10.
      The
      Advisor as an Independent Contractor:
      

    

    The
      Advisor shall perform its services hereunder as an independent contractor and
      not as an employee of the Company or affiliates thereof. It is expressly
      understood and agreed to by the parties hereto that the Advisor shall have
      no
      authority to act for, represent or bind the Company or any affiliate thereof
      in
      any manner, except as may be agreed to expressly by the Company in writing
      from
      time to time.

    

    11.
      Miscellaneous:

    

    (a) This
      Agreement between the Company and the Advisor constitutes the entire agreement
      and understanding of the parties hereto, and supersedes any and all previous
      agreements and understandings, whether oral or written, between the parties
      with
      respect to the matters set forth herein.

     

    (b) Any
      notice or communication permitted or required hereunder shall be in writing
      and
      shall be deemed sufficiently given if hand-delivered or sent (i) postage prepaid
      by registered mail, return receipt requested, or (ii) by facsimile, to the
      respective parties as set forth below, or to such other address as either party
      may notify the other in writing:

    

      
        	
                If
                  to the Company, to:

              	
                Pacific
                  Restaurant Holdings, Inc.

              
	 	
                804
                  Pier View Way, Suite 208

              
	 	
                Oceanside,
                  CA 92054

              
	 	
                Attention:
                  John Creed

              

      

       

      
        
          
          

        

        
          -5-

          
            

          

        

        
          
          

        

      

       

      
        	
                With
                  a copy to:

              	
                Pillsbury
                  Winthrop Shaw Pittman LLP

              
	 	
                1540
                  Broadway

              
	 	
                New
                  York, New York 10036

              
	 	
                Attn:
                  Ronald A. Fleming, Esq.

              
	 	 
	
                If
                  to Jessup & Lamont Securities Corporation

              
	 	 
	 	
                Jessup
                  & Lamont Securities Corporation

              
	 	
                650
                  Fifth Avenue

              
	 	
                New
                  York, New York 10019

              
	 	
                Attention:
                  Averell Satloff

              
	 	 
	
                With
                  a copy to:

              	
                Gersten
                  Savage LLP

              
	 	
                600
                  Lexington Avenue

              
	 	
                New
                  York, New York 10022

              
	 	
                Attention;
                  Arthur S. Marcus, Esq.

              

      

    

     

    (c) This
      Agreement shall be binding upon and inure to the benefit of each of the parties
      hereto and their respective successors, legal representatives and
      assigns.

    

    (d) This
      Agreement may be executed in any number of counterparts, each of which together
      shall constitute one and the same original document.

    

    (e) No
      provision of this Agreement may be amended, modified or waived, except in a
      writing signed by all of the parties hereto.

    

    (f) This
      Agreement may be terminated by a written agreement signed by both of the parties
      hereto. Upon termination of the Agreement, no party hereto shall thereafter
      have
      any further liability or obligation hereunder other than the Company's
      obligations under Paragraph 4(d).

    

    (g) This
      Agreement shall be construed in accordance with and governed by the laws of
      the
      State of New York, without giving effect to conflict of law principles. The
      parties hereby agree that any dispute which may arise between them arising
      out
      of or in connection with this Agreement shall be adjudicated before a court
      located in New York City, and they hereby submit to the exclusive jurisdiction
      of the courts of the State of New York located in New York, New York and of
      the
      federal courts in the Southern District of New York with respect to any action
      or legal proceeding commenced by any party, and irrevocably waive any objection
      they now or hereafter may have respecting the venue of any such action or
      proceeding brought in such a court or respecting the fact that such court is
      an
      inconvenient forum, relating to or arising out of this Agreement, and consent
      to
      the service of process in any such action or legal proceeding by means of
      registered or certified mail, return receipt requested, in care of the address
      set forth in Paragraph 11(b) hereof.

     

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF,
      the
      parties hereto have caused this Agreement to be duly executed, as of the day
      and
      year first above written.

     

    
      	 	
              JESSUP
                & LAMONT SECURITIES CORPORATION

            
	 	 	 
	 	
              By: 

            	 
	 	 	
              Name:

            
	 	 	
              Title:

            
	 	 	 
	 	
              PACIFIC
                RESTAURANT HOLDINGS, INC.

            
	 	 	 
	 	
              By: 

            	 
	 	 	
              Name:

            
	 	 	
              Title:

            

    

    

    
      
        
        

      

      
        -7-Exhibit
      10.1

    

    INDEPENDENT
      DIRECTOR’S CONTRACT

    

    THIS
      AGREEMENT (The “Agreement”) is made on the 4th day of February, 2008 and is by
      and between Sutor Technology Group Limited, (hereinafter referred to as
“Company”) and A. Carl Mudd (hereinafter referred to as
“Director”).

    

    BACKGROUND
      

    

    The
      Board
      of Directors of the Company desires to appoint Director to fill an existing
      vacancy and to have the Director perform the duties of independent director
      and
      Director desires to be so appointed for such position and to perform the duties
      required of such position in accordance with the terms and conditions of this
      Agreement.

     

    AGREEMENT
       

    

    In
      consideration for the above recited promises and the mutual promises contained
      herein, the adequacy and sufficiency of which are hereby acknowledged, Company
      and Director hereby agree as follows:

     

    1. DUTIES.
      The
      Company requires that the Director be available to perform the duties of an
      independent director as described in the Company’s Handbook for Prospective
      Directors and such other duties customarily related to this function as may
      be
      determined and assigned by the Board of Directors of the Company and as may
      be
      required by the Company’s constituent instruments, including its certificate or
      articles of incorporation, bylaws and its corporate governance and board
      committee charters, each as amended or modified from time to time, and by
      applicable law, including the Nevada General Corporation Law. Director agrees
      to
      devote as much time as is necessary to perform completely the duties as Director
      of the Company, including duties as a member of the Audit Committee and such
      other committees as the Director may hereafter be appointed to. The Director
      will perform such duties described herein in accordance with the general
      fiduciary duty of Directors arising under the Nevada General Corporation Law
      and
      Chapter 78 of the Nevada Revised Statutes.

    

    2. TERM.
      The
      term of this Agreement shall commence from the date of the Director’s
      appointment by the board of directors of the Company (in the event the Director
      is appointed to fill a vacancy) or the date of the Director’s election by the
      stockholders of the Company and shall continue 12 months. This 12-month period
      ending on the anniversary date of the Director’s appointment is a “Service
      Year.” A new yearly-termed Independent Director Agreement approved by both
      parties is required to renew this cooperation relationship between Director
      and
      Sutor Technology Group limited. 

    

    3. COMPENSATION.
      For all
      services to be rendered by Director in any capacity hereunder, the Company
      agrees to pay Director a fee of $65,000 in cash during this Service Year, paid
      quarterly. This Director’s fee above shall include one (1) Board of Directors
      meeting and one (1) Audit Meeting in each of the four calendar quarters of
      the
      year (total eight (8) meetings per calendar year). Additionally, Director and
      the Company shall meet no less than two (2) times per year, at the Company’s
      facilities in China, for a period of no less than three (3) days or more than
      five (5) days during each meeting for intensive discussions about the Company’s
      operations and financial condition.  

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    4. EXPENSES.
      In
      addition to the compensation provided in paragraph 3 hereof, the Company will
      reimburse Director for pre-approved reasonable business related expenses
      incurred in good faith in the performance of Director’s duties for the Company.
      The Company shall pay for or reimburse Director for all expenses and costs
      incurred in travel to and from meetings; travel within the United States shall
      be non-stop economy fare and travel to and from China shall be Business Class
      via most direct routing. Such payments shall be made by the Company upon
      submission by the Director of a signed statement itemizing the expenses
      incurred. Such statement shall be accompanied by sufficient documentary matter
      to support the expenditures.

    

    5. CONFIDENTIALITY.
      The
      Company and Director each acknowledge that, in order for the intents and
      purposes of this Agreement to be accomplished, Director shall necessarily be
      obtaining access to certain confidential information concerning the Company
      and
      its affairs, including, but not limited to business methods, information
      systems, financial data and strategic plans which are unique assets of the
      Company (“Confidential Information”). Director covenants not to, either directly
      or indirectly, in any manner, utilize or disclose to any person, firm,
      corporation, association or other entity any Confidential
      Information.

    

    6. NON-COMPETE.
      During
      the Term and for a period of twelve (12) months following the Director’s removal
      or resignation from the Board of Directors of the Company or any of its
      Subsidiaries or Affiliates (the "Restricted Period"), the Director shall not,
      directly or indirectly, (i) in any manner whatsoever engage in any capacity
      with
      any business competitive with the Company's current lines of business or any
      business then engaged in by the Company, any of its Subsidiaries or any of
      its
      Affiliates (the "Company's Business") for the Director’s own benefit or for the
      benefit of any person or entity other than the Company or any Subsidiary or
      Affiliate; or (ii) have any interest as owner, sole proprietor, shareholder,
      partner, lender, director, officer, manager, employee, consultant, agent or
      otherwise in any business competitive with the Company's Business; provided,
      however,
      that
      the Director may hold, directly or indirectly, solely as an investment, not
      more
      than five percent (5%) of the outstanding securities of any person or
      entity which are listed on any national securities exchange or regularly traded
      in the over-the-counter market notwithstanding the fact that such person or
      entity is engaged in a business competitive with the Company's Business. In
      addition, during the Restricted Period, the Director shall not develop any
      property for use in the Company's Business on behalf of any person or entity
      other than the Company or its Subsidiaries.

    

    7. TERMINATION.
      With or
      without cause, the Company is forbidden to terminate this Agreement during
      the
      service year by this contact. Director may only terminate this Agreement for
      cause during the service year by this contract. 

    

    8. INDEMNIFICATION.
      The
      Company shall indemnify, defend and hold harmless Director, to the full extent
      allowed by the law of the State of Nevada, and as provided by, or granted
      pursuant to, any charter provision, bylaw provision, agreement (including,
      without limitation, the Indemnification Agreement executed herewith), vote
      of
      stockholders or disinterested directors or otherwise, both as to action in
      Director’s official capacity and as to action in another capacity while holding
      such office. The Company and the Director are executing the Indemnification
      Agreement in the form attached hereto as Exhibit A. 

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    9. EFFECT
      OF WAIVER.
      The
      waiver by either party of the breach of any provision of this Agreement shall
      not operate as or be construed as a waiver of any subsequent breach
      thereof.

    

    10. NOTICE.
      Any and
      all notices referred to herein shall be sufficient if furnished in writing
      at
      the addresses specified on the signature page hereto or, if to the Company,
      to
      the Company’s address as specified in filings made by the Company with the U.S.
      Securities and Exchange Commission and if by fax to 86-512-52687771.

     

    11. GOVERNING
      LAW.
      This
      Agreement shall be interpreted in accordance with, and the rights of the parties
      hereto shall be determined by, the laws of the State of Nevada without reference
      to that state’s conflicts of laws principles.

    

    12. ASSIGNMENT.
      The
      rights and benefits of the Company under this Agreement shall be transferable,
      and all the covenants and agreements hereunder shall inure to the benefit of,
      and be enforceable by or against, its successors and assigns. The duties and
      obligations of the Director under this Agreement are personal and therefore
      Director may not assign any right or duty under this Agreement without the
      prior
      written consent of the Company.

    

    13. MISCELLANEOUS.
      If any
      provision of this Agreement shall be declared invalid or illegal, for any reason
      whatsoever, then, notwithstanding such invalidity or illegality, the remaining
      terms and provisions of the within Agreement shall remain in full force and
      effect in the same manner as if the invalid or illegal provision had not been
      contained herein.

    

    14. ARTICLE
      HEADINGS.
      The
      article headings contained in this Agreement are for reference purposes only
      and
      shall not affect in any way the meaning or interpretation of this
      Agreement.

    

    15. COUNTERPARTS.
      This
      Agreement may be executed in any number of counterparts, all of which taken
      together shall constitute one instrument. Facsimile execution and delivery
      of
      this Agreement is legal, valid and binding for all purposes.

    

    16. ENTIRE
      AGREEMENT. Except
      as
      provided elsewhere herein, this Agreement sets
      forth the entire agreement of the parties with respect to
      its
      subject
      matter and supersedes all prior agreements, promises, covenants, arrangements,
      communications, representations or warranties, whether oral or written, by
      any
      officer, employee or representative of any party to this
      Agreement with respect
      to
      such
      subject matter.

     

    [Signature
      Page Follows]

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the parties hereto have caused this Independent Director’s
      Contract to be duly executed and signed on the day and year above
      written.

    

    

    
      	 	
              SUTOR
                TECHNOLOGY GROUP LIMITED

            
	 	 
	 	
              BY:
                

            	
              /s/
                Liuhua Guo

            
	 	 	
              Name: Liuhua
                Guo

            
	 	 	
              Title:
                Chief Executive Officer

            
	 	 
	 	 
	 	
              INDEPENDENT
                DIRECTOR

            
	 	 
	 	
              BY:
                

            	
              /s/
                A. Carl Mudd

            
	 	 	
              ACM
                A. Carl Mudd

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00136-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00136-of-00352.parquet"}]]