Document:

Land Transfer Agreement

Exhibit 10.6

Land Transfer Agreement

Assigning party (party A): Shenzhen Baoan District Songgang Community Office

Assignee (party B): Shenzhen Naiji Electrical Equipment Co., Ltd.

Party A and party B achieved following agreement through negotiation:

1.

The location and area of the land

Party A agrees to transfer the land, which area is about 31,899.71 m2, located in Shubiankeng Tantou area Songgang Road, Songgang Community, to party B for building workshop, accommodation house etc. The actual area for use is 31,758.68 m2; shared road area is 1328.3 m2. 

a.

The transferred land is locates in Shubiankeng Industrial Zone Tantou area Songgang Road, Songgang Community (see attached map). See attached red line map which was approved by National Land Planning Department. 

b.

The area of transferred land is temporarily set to 31,899.71 m2. Refer to National Land Planning Department approved red line map and related transfer contract, land license in detail.  

2.

Land transfer fees (tax not included): 

a. Calculate by actual usable area, RMB 280 (two hundred eighty yuan) per square meter; 

b. Calculate by shared road area, RMB 140 (one hundred forty yuan) per square meter.  Total transfer fee is RMB 8,892,430 (eight million eight hundred ninety two thousand and four hundred thirty).

3.

The nature and useful life of the transferred land

The land should be transferred as national owned land and the user should apply for national owned land usage permit. The useful duration is 50 years (from the day the land usage permit being issued). 

4.

The transfer date and condition

Party A will hand over the 31,899.71 m2 land, which is meet the requirement of use, to party B before November 30, 2004.

5.

Payment method

a.

Within 15 days after signing the land transfer agreement, party B should pay 40% of the total price, that is, RMB 3,556,973 (three million five hundred fifty six thousand and nine hundred seventy three yuan) to party A as deposit. In case party B breaches the agreement, the deposit will not be refunded. If party A breaches the agreement, the deposit should be refunded in double amount.

b.

When transfer the land (which meets the requirements of use, at November 30, 2004), party B should pay 30% of the total price to party A.

c.

The rest 30% should be paid within one month after the land been transferred and meet the requirements of use, that is, before December 30, 2004.

6.

Party A’s responsibility

a.

Party A should transfer on time and get everything ready to meet the requirement of use;

i.

Land leveling 10-30 cm higher than road area around;

ii.

Setup civil electrical outlet, communication cable, water supply connector, drainage outlet, exhaust outlet etc. should be connected to the 30m circle around the red line. And assist in connecting water, electricity to build temporary office and any communication requirements.  

b.

Provide land plan map of Shubiankeng Industrial Zone Tantou area Songgang Road, Songgang Community or detail requirements of the land plan.

c.

Make sure the land use right and land plan meets the requirements of national owned land. Assist party B apply for the land use permit.  

7.

Party B’s responsibility

a.

Pay land use fee to party A on time. In case party A couldn’t receive land use fee from party B on time, party A could inform party B in written notice. If party A still not received payment from party B within 30 days after issuing the written notice, party A has the right to terminate the agreement and take back the land;

b.

Proceeds national owned land transfer process and pay related fees on time;

c.

Ensure the environment standard of investment project meet the environmental standards of Guangdong province;

d.

The investment project should be started to construct within half year after the land being transferred and should be completed within 2 years; Otherwise, party B will be treated as breached the agreement. In such case, party A will take penalty from party B RMB1.00 per m2 per month;

e.

Ensure the land plan within area meet the requirement of general land plan of Songgang area. The area land plan should be approved by community office before bring into action. All pipes connected into the area should be approved by community office in advance;

f.

Ensure the construction red line apart from the area or road red line at least 5 m;

g.

 Party B must pay tax to Songgang community;

h.

When party B completes the construction of workshop, party A will delegate 2 persons as administrative clerk to help in coordination with local authorities.

8.

Anything not declared in this agreement could be supplemented by both parties and will be part of this agreement.

9.

In case any controversy happens, both parties should solve through negotiation. Otherwise will be adjudged by jurisdiction people’s court.

10.

This agreement has six copies, 3 for each party and both have the same power.

Party A: Shenzhen Baoban District Songgang Community Office

Representative: Ling Zeng

Party B: Shenzhen Shenzhen Naiji Electrical Equipment Co., Ltd.

Representative: Yulong Guo

Date: September 7, 2004

Map: 

	Land used by Jinjuwei

Actual Area = 4937.9

Shared Area = 474.244

	Land used by Shenzhen Naiji Electrical Equipment Co., Ltd. 

Actual Area = 30571.41

Shared Area = 1328.3

	Land used by Aozhou Fubilun International

Actual Area = 59806.9

Shared Area = 3212.2

	Land used by Delijia

Actual Area = 7636.756

Shared Area = 800.349

	                Land used by Chonglin

Actual Area = 37704.262EX-10.85

EXHIBIT 10.85

SEVERANCE AGREEMENT AND GENERAL RELEASE

This Severance Agreement and General Release (the “Agreement”) is between USEC Inc., a
Delaware corporation (“USEC” or the “Company”) and James F. McDonnell (“Employee”) (USEC and
Employee being sometimes referred to herein individually as the “Party” and collectively as the
“Parties”).

WHEREAS, Employee has been employed by USEC in the capacity of Vice President & Chief
Information and Security Officer; and

WHEREAS, Employee’s services are no longer required by the Company and Employee’s employment
with the Company is terminated as of the date noted below in Section 1. Nevertheless, to reduce
the impact of this separation of Employee’s employment and in exchange for, among other things,
Employee’s full release of claims against the Company and the other covenants and agreements
contained herein, the Company hereby offers Employee the severance package described in this
Agreement;

NOW THEREFORE, IT IS HEREBY AGREED by and between Employee and USEC as follows:

1. EMPLOYEE’S SEPARATION. Pursuant to this Agreement, Employee shall be separated
from employment with the Company effective September 23, 2005 (the “Separation Date”).

2. SEVERANCE PAYMENT AND OTHER BENEFITS.

(a) In full consideration of Employee’s execution of this Agreement, and Employee’s agreement
to be legally bound by its terms, the Company agrees (i) to pay to Employee as severance pay the
gross sum of $315,000 (representing one year of Employee’s base salary as in effect on the
Separation Date plus an amount equal to the average annual bonus received by Employee for the three
years preceding the Separation Date), and the gross sum of $61,411 (representing a prorated
portion of Employee’s 2005 target annual incentive), minus all payroll deductions required by law
or authorized by Employee (the “Severance Payment”); (ii) to continue Employee as a participant (if
enrolled on the Separation Date) in the Company’s Medical Plan, Dental Plan, basic Life Insurance
Program and Employee Assistance Program for one year after the Separation Date (provided, however,
that if and when Employee becomes eligible for benefits through reemployment, Employee shall
promptly notify the Company of such eligibility and the Company’s obligation to provide such
coverage pursuant to this Agreement shall cease immediately), on the same terms as when Employee
was an active employee of the Company, except at no cost to Employee, and (iii) to provide Employee
with up to six (6) month(s) of outplacement counseling and services through a provider retained by
the Company or a provider selected by Employee provided the cost shall not exceed $15,000 in the
aggregate and in no event will USEC be obligated to provide cash in lieu of outplacement services.

(b) The Severance Payment shall be paid in equal installments over a period of one (1) year,
in accordance with the Company’s regular pay schedule. The Company shall commence such payments
upon either the next regularly scheduled pay day after the 8th day following Employee’s
execution of this Agreement or the next regularly scheduled pay day after the Separation Date,
whichever is later. To the extent required by Treasury guidelines, regulations or any other
applicable law or regulations, all or any portion of the Severance Payment may, at the discretion
of the Company, be paid in a lump sum payment on an accelerated basis.

(c) Employee acknowledges and agrees that the Severance Payment and other benefits provided in
Section 2(a) constitute consideration that, but for the mutual covenants set forth in this
Agreement, the Company otherwise would not be obligated to provide to Employee and that the Company
is under no obligation whatsoever to make any other severance payment to Employee.

3. GENERAL RELEASE. Employee, for and in consideration of the undertakings of the
Company set forth herein, and intending to be legally bound, does hereby permanently and
irrevocably sever Employee’s employment relationship with USEC and also does hereby remise,
release, and forever discharge USEC and its subsidiaries, affiliates, and their officers,
directors, shareholders, employees and agents, their respective successors and assigns, heirs,
executors, and administrators (herein referred to collectively as “Releasees”) of and from any and
all actions and causes of actions, suits, debts, claims and demands whatsoever in law or in equity,
which Employee ever had, now has, or which Employee or Employee’s heirs, executors or
administrators may have, by reason of any matter, cause or thing whatsoever, from the beginning of
Employee’s employment with USEC up to and including the date of this Agreement, and particularly,
but without limitation, any claims arising from or relating in any way to Employee’s employment
relationship or the termination of Employee’s employment relationship with USEC, including, but not
limited to, any claims which have been asserted, could have been asserted or could be asserted now
or in the future, including any claims under any federal, state or local laws, including, but not
limited to, the United States Constitution, the Maryland Constitution, Title VII of the Civil
Rights Act of 1964, as amended, the Age Discrimination in Employment Act of 1967,
as amended, the Americans with Disabilities Act of 1990, as
amended, the Fair Labor Standards Act, as amended, the Family and Medical
Leave Act of 1993, as amended, the National Labor Relations Act, as
amended, the Labor-Management Relations Act, as amended, the Workers
Retraining and Notification Act of 1988, as amended, the Rehabilitation Act of
1973, as amended, the Employee Retirement Income Security Act of 1974, as
amended, Section 211 of the Energy Reorganization Act of 1974, as amended,
the Maryland Human Rights Act, as amended or any other federal or state law or
regulation.

4. NO DISPARAGEMENTS. Employee agrees that, subject to the provisions of Section 9
below, Employee shall not make any oral or written, public or private statements that are
disparaging of the Company, its parents, subsidiaries or affiliates, or any of their respective
present or former officers, directors, agents, employees, successors or assigns. The Company
agrees that, subject to compliance with applicable law and regulations, it will instruct its
executive officers and members of its Board of Directors not to make any oral or written, public or
private statements that are disparaging of Employee or Employee’s work for the Company, its
parents, subsidiaries or affiliates.

5. RETURN OF COMPANY’S DOCUMENTS AND PROPERTY. Employee agrees to return, on or before
the Separation Date, and at Employee’s expense, all originals and copies of records, documents,
proposals, notes, lists, files and any and all other materials, including, without limitation,
computerized and/or electronic information, that refer, relate or otherwise pertain to the Company,
or any and all of the Company’s parents, subsidiaries or affiliates, or any of their respective
officers, directors, shareholders, agents, employees, and successors or assigns, and any and all
business dealings of said persons and entities (“Company Documents”). In addition, Employee shall
return to the Company all Company property or equipment that Employee has been issued during the
course of Employee’s employment or which Employee otherwise currently possesses. Employee is not
authorized to retain any Company Documents or Company property or equipment.

6. CONFIDENTIALITY OF TRADE SECRETS OR PROPRIETARY INFORMATION. Employee acknowledges
that Employee has had or may have had access to proprietary information, trade secrets, and
confidential material or information of the Company, including, but not limited to, contracts,
bids, information regarding actual and pending projects, marketing strategies, budgetary and other
financial information, and information and/or documents that are subject to the attorney-client
and/or work product privileges (the “Confidential Information”). Employee agrees, without
limitation in time or until the Confidential Information shall become public other than by
Employee’s unauthorized disclosure, to maintain the confidentiality of the Confidential Information
and refrain from divulging, disclosing, or otherwise using the Confidential Information unless
directed to do so by an appropriate government or judicial authority or unless Employee first
obtains the Company’s prior written consent.

7. PERMANENT SEPARATION. Employee hereby recognizes and agrees that effective as of
the Separation Date Employee’s employment relationship with Releasees has been permanently and
irrevocably severed and that Releasees have no obligation, contractual or otherwise, to hire,
rehire or re-employ him in the future.

8. NON-ADMISSION OF LIABILITY. Nothing in this Agreement shall be construed as an
admission of liability or violation of federal, state or local statute or regulation, or of any
duty owed by Employee or the Releasees; rather, Employee and the Releasees are resolving all
matters arising out of their employer-employee relationship and/or any other relationship between
Employee and the Releasees, as to each of which each of the Releasees and Employee deny any
liability.

9. NUCLEAR, WORKPLACE, PUBLIC SAFETY AND SARBANES-OXLEY CONCERNS. Employee
understands and acknowledges that nothing in this Agreement prohibits, penalizes, or otherwise
discourages Employee from reporting, providing testimony regarding, or otherwise communicating any
nuclear safety concern, workplace safety concern, public safety concern, or concern of any sort, to
the U.S. Nuclear Regulatory Commission, the U.S. Department of Labor, or any federal or state
government agency. Employee further understands and acknowledges that nothing in the provisions of
this Agreement conditions or restricts Employee’s communication with, or full cooperation in
proceedings or investigations by, any federal or state agency. Employee also understands and
acknowledges that nothing in this Agreement shall be construed to prohibit him from engaging in any
activity protected by the Sarbanes-Oxley Act, 18 U.S.C. § 1514A or Section 211 of the Energy
Reorganization Act of 1974, as amended.

10. REVIEW AND REVOCATION PERIOD.

(a) Employee hereby certifies that Employee has read the terms of this Agreement, that
Employee has been informed by the Company that Employee should discuss this Agreement with an
attorney of Employee’s own choice, and that Employee understands its terms and effects. Employee
further certifies that Employee has the intention of releasing all claims recited herein in
exchange for the consideration described herein, which Employee acknowledges as adequate and
satisfactory to Employee.

(b) Employee hereby certifies that Employee is signing and entering into this Agreement as a
free and voluntary act without duress or undue pressure or influence of any kind or nature
whatsoever and has not relied on any promises, representations or warranties regarding the subject
matter hereof other than as set forth in this Agreement.

(c) Employee acknowledges that Employee has been given the right to consider this Agreement
for a period of at least forty-five (45) days prior to entering into the Agreement. Employee
further understands that Employee may take as much of this 45-day period of time to consider this
Agreement as Employee wishes before signing this Agreement, and Employee expressly acknowledges
that Employee has taken sufficient time to consider this Agreement before signing it.

(d) Employee further acknowledges that Employee has the right to revoke this Agreement within
seven (7) days of its execution by giving written notice of such revocation by hand delivery or fax
to the Company, Attention Richard Rowland (fax no. 301-564-3203). This Agreement will not become
effective or binding on the parties until the eighth (8th) day after it is signed by
Employee. Employee understands that if Employee revokes the Agreement under this Section, this
Agreement will become null and void and Employee will not be entitled to any benefits conferred by
this Agreement including the payments set forth in Section 2.

(e) Employee acknowledges that Employee has been previously informed in writing by the Company
of the criteria for eligibility for the separation benefits for which Employee is eligible, and
which Employee will receive as a result of entering into this Agreement. He certifies that he has
been informed that in order to be eligible for such separation benefits, individuals must have been
separated by the Company in connection with the September, 2005 reduction-in-force. Employee
certifies that the Company has provided him in writing, information concerning (i) the group of
individuals covered by this employment termination program by job title, and (ii) the job titles
and ages of individuals selected for the program and of individuals who were not selected for the
program.

11. SEVERABILITY. While the provisions contained in this Agreement are considered by
the Parties to be reasonable in all circumstances, it is recognized that some provisions may fail
for technical reasons. Accordingly, it is hereby agreed and declared that if one or more of such
provisions shall, either by itself or themselves or taken with others, be adjudged to be invalid as
exceeding what is reasonable in all circumstance for the protection of the interests of the
Company, but would be valid if any particular restrictions or provisions were deleted or restricted
or limited in a particular manner, then the said provisions shall apply with any such deletions,
restrictions, limitations, reductions, curtailments, or modifications as may be necessary to make
them valid and effective and the remaining provisions shall be unaffected thereby.

12. ENTIRE AGREEMENT; MODIFICATION. This Agreement constitutes the entire
understanding of the Parties regarding the subject matter hereof and may not be modified without
the express written consent of the Parties. This Agreement supersedes all prior written and/or
oral and all contemporaneous written and/or oral agreements, understandings and negotiations
regarding the subject matter hereof. Employee acknowledges and agrees that the provisions that
survive termination of employment under Employee’s Change In Control Agreement dated as of June 16,
2004, including but not limited to Section 7 (relating to confidential information,
non-solicitation and non-competition), remain in full force and effect following the Separation
Date.

13. SEC REPORTING REQUIREMENTS. Employee agrees that Employee will comply with all
reporting requirements under Section 16 of the Securities Exchange Act of 1934, as amended,
applicable to a former Section 16 reporting officer.

14. GOVERNING LAW; CONSENT TO JURISDICTION. This Agreement and any disputes arising
therefrom shall be governed by the laws of the State of Maryland and Employee hereby agrees to
submit to the jurisdiction of the courts of the State of Maryland for any claims arising under this
Agreement.

15. GENDER. Any gender reference is intended to apply to both male and female
employees.

PLEASE READ CAREFULLY. THIS AGREEMENT CONTAINS A RELEASE OF ALL KNOWN AND UNKNOWN CLAIMS.

IN WITNESS WHEREOF, and intending to be legally bound hereby, the Parties have executed and
delivered the foregoing Severance Agreement and General Release this 8th day of
September, 2005.

	 	 	 
	USEC Inc.

	 	EMPLOYEE:
	 
	 	 
	By: /s/ Lance Wright

	 	/s/ James F. McDonnell
	 

	 	 
	Title: SVP, Human Resources &

Administration

	 	Signature – James F. McDonnell

	 
	 	 
	Date: September 8, 2005

	 	Date: September 8, 2005

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