Document:

SHARE
      SALE AGREEMENT

    Made
      and
      entered into in Tel-Aviv on 30 March 2008

    

    By
      and between:

    

    
      	 	DCI
              USA, Inc.
              A
                corporation registered in Delaware, United States

              (hereinafter:
                the "Vendor")

            	 
	 	
              of
                the first part;

            	 
	 	
              and:

            	 
	 	Tobias
              Jewelry Ltd.
              Company
                No. 52-0036724

              (hereinafter:
                the "Purchaser")

            	 
	 	
              of
                the second part;

            	 
	 	
              add:

            	 
	 	Gunther
              Wind Energy, Ltd.
               Company
                No. 51-3866657

              (hereinafter:
                the "Company")

            	 
	 	
              of
                the second part

            	 

    

     

    
      
        
          	
                  Whereas

                	
                  Gunther
                    Wind Energy Ltd. is a private company duly registered in Israel
                    (hereinafter: the "Company"),
                    whose issued and paid-up share capital is comprised of 100,000
                    ordinary
                    shares of NIS 1 par value each; and

                
	
                   

                	
                   

                
	
                  Whereas

                	
                  the
                    Vendor owns 100,000 ordinary shares of the Company, of NIS 1
                    par value
                    each, constituting 100% of the Company's issued and paid-up share
                    capital
                    and of the voting power therein (hereinafter: the "Shares
                    for Sale");
                    and

                
	
                   

                	
                   

                
	
                  Whereas

                	
                  the
                    Vendor is interested in selling and transferring the Shares for
                    Sale to
                    the Purchaser and the Purchaser is interested in and agreeable
                    to
                    purchasing the Shares for Sale from the Vendor, all in accordance
                    with the
                    arrangements and subject to the conditions set forth hereinbelow;
                    and

                
	
                   

                	
                   

                
	
                  Whereas

                	
                  the
                    parties wish to enter into an agreement for arranging the legal
                    relations
                    between them relating to sale of the Shares for Sale, in the
                    framework of
                    the provisions hereof;

                

        

         

      

    

    Now
      therefore, it has been warranted, agreed and stipulated by the parties as
      follows:

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      
        	 	
                1.

              	
                Preamble,
                  meanings and
                  appendices

              

      

      

      
        	 	
                1.1

              	
                The
                  preamble, appendices and warranties of the parties to this Agreement,
                  constitute an integral part hereof.

              

      

      

      
        	 	
                1.2

              	
                The
                  headings of the sections in this Agreement were designed purely
                  for the
                  sake of convenience and no meaning should be ascribed to them for
                  purposes
                  of interpreting this Agreement or any of its
                  clauses.

              

      

      

      
        	 	
                1.3

              	
                In
                  this Agreement, the following terms shall have the meaning recorded
                  alongside them, unless the context requires
                  otherwise:

              

      

       

      
        
          	 	
                  "Business
                    Day"

                	
                  A
                    day on which the two largest banks in Israel are open for
                    transacting business, other than Fridays and the eves of
                    holidays, which shall not be considered a business day.

                
	 	 	 
	 	
                  "Companies
                    Law"

                	
                  The
                    Companies Law, 5759-1999.

                
	 	 	
                   

                
	 	
                  "Consideration"

                	
                  The
                    amount of the consideration which the Purchaser is to
                    pay the Vendor for the purchase and transfer of the Shares
                    to the Purchaser for Sale, in accordance with section
                    5 below.

                
	 	 	
                   

                
	 	
                  "Consideration

                  Payment
                    Date"

                	
                  1,935,000
                    US dollars, within 2 Business Days of the date
                    of the transaction's approval by the general meeting of
                    the purchaser and 672,000 US dollars, to be paid within
                    12 months of the date of the transaction's approval
                    by the general meeting of the Purchaser.

                
	 	 	
                   

                
	 	
                  "Free
                    and Clear"

                	
                  Free
                    and clear of any encumbrance, pledge, attachment, levy,
                    debt, lien, claim, or any third party right of whatsoever
                    kind.

                
	 	 	
                   

                
	 	
                  "GWE"

                	
                  Green
                    Wind Energy Ltd.

                
	 	 	
                   

                
	 	
                  "Mei
                    Golan"

                	
                  Mei
                    Golan Wind Energy Ltd.

                
	 	 	
                   

                
	 	
                  "Nimrod"

                	
                  Nimrod
                    Wind Energy Ltd.

                
	 	 	
                   

                
	 	
                  "Securities
                    Law"

                	
                  The
                    Securities Law, 5728-1968.

                
	 	 	
                   

                

        

         

      

      
        	 	
                2.

              	
                Warranties
                  and obligations of the
                  Vendor

              

      

      

      
        	 	 	
                The
                  Vendor hereby warrants and undertakes to the Purchaser as
                  follows:

              

      

      

      
        	 	
                2.1

              	
                That
                  subject to the receipt of approval of the board of directors of
                  the Vendor
                  of its execution of this Agreement, the Vendor has lawfully passed
                  all the
                  resolutions and received all the approvals which are required
                  thereby pursuant to law and under its documents of incorporation,
                  for
                  purposes of its execution of this Agreement and the performance
                  of all its
                  obligations hereunder and that it does not require the consent
                  or approval
                  of any other third party regarding its execution of this Agreement
                  and
                  performance of all its obligations set out
                  herein.

              

      

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      
        
          	 	
                  2.2

                	
                  Mei
                    Golan is a duly incorporated private company and is in possession
                    of the
                    essential licenses, approvals and permits necessitated under
                    any law for
                    conducting its business activity and to the Vendor's best knowledge,
                    it
                    operates in accordance with the
                    above.

                

        

        

        
          	 	
                  2.3

                	
                  GWE
                    is a duly incorporated private company, which on 13.9.2006 executed
                    an
                    agreement to purchase all the assets of Mei Golan, a copy of
                    which is
                    attached hereto as Appendix
                    2.3 of
                    this Agreement and it is in possession of the essential licenses,
                    approvals and permits necessitated under any law for conducting
                    its
                    business activity and to the Vendor's best knowledge, it operates
                    in
                    accordance with the above. The
                    closing of the contract for the acquisition of Mei Golan is subject
                    to
                    execution of the payments stipulated
                    herein.

                

        

         

        
          	 	
                  2.4

                	
                  Nimrod
                    is a duly incorporated private company and it is acting towards
                    obtaining
                    the various permits and approvals necessary in accordance with
                    any law,
                    for purposes of the construction and operation of a wind turbine
                    station
                    for electricity production, in a scope of approx. 22.5 mega
                    watts.

                

        

        

        
          	 	
                  2.5

                	
                  That
                    the Vendor is not subject to any prohibition and/or restriction
                    and/or
                    impediment, whether in accordance with law or under any agreement
                    regarding the performance of its obligations under the provisions
                    hereof
                    and that its execution and implementation of this Agreement does
                    not
                    constitute a breach of any obligation of the Vendor and/or of
                    any contract
                    to which the Vendor is a party.

                

        

        

        
          	 	
                  2.6

                	
                  That
                    the Vendor's execution of this Agreement is being carried out
                    in reliance
                    on the Purchaser's warranties and obligations, pursuant to section
                    3
                    hereof.

                

        

        

        
          	 	
                  2.7

                	
                  That
                    the Vendor is aware that the Purchaser is executing this Agreement
                    in
                    reliance on the warranties and representations as provided in
                    this section
                    2 and in the appendices referring thereto. Nothing
                    in the foregoing shall serve to prejudice and/or derogate from
                    the
                    validity and/or generality of the Purchaser's representations,
                    as provided
                    in section 3 below.

                

        

         

        
          	 	
                  2.8

                	
                  That
                    the Shares for Sale are held by the Vendor, that they are Free
                    and Clear
                    and that they constitute, as at the date of signing this Agreement,
                    100%
                    of the Company's issued and paid-up share capital, fully diluted
                    and that
                    they are fully paid-up. Similarly, all the ordinary shares in
                    the issued
                    and paid-up share capital of the Company, rank equal and hold
                    equal
                    rights.

                

        

         

        
          
            
            

          

          
            3

            
              

            

          

          
            
            

          

           

        

        
          
            	 	
                    2.9

                  	
                     

                  

          

           

        

        
          	 	
                  2.9.1

                	
                  That
                    subject to what is stated below, the Company is the lawful owner
                    of 334
                    preference shares of NIS 1 par value each of GWE, constituting
                    25% of
                    GWE's issued and paid-up share capital, fully diluted (hereinafter:
                    the
                    "GWE
                    Shares").
                    As at the date of signing this Agreement, the Company's investment
                    in GWE
                    has yet to be completed, although transfer of the shares to the
                    Vendor has
                    been competed and consequently, transfer of the shares to the
                    Vendor
                    should be regarded as having been completed only on the date
                    on which the
                    Vendor completes the investment in GWE. The outstanding balance
                    of the
                    investment in GWE, is in a sum of approx. 335,000 US
                    dollars.

                

        

        

        
          	 	
                  2.9.2

                	
                  Save
                    as set forth in Appendix
                    12.9.2 (a) below,
                    the GWE Shares are Free and Clear and vest in their holder (subject
                    to
                    completing execution of the investment, as provided in section
                    2.9.1
                    above), all the rights specified in the GWE Investment Agreement,
                    of
                    13.9.2006, a copy of which is attached hereto as Appendix
                    2.9.2 (b) of
                    this Agreement.

                

        

         

        
          	 	
                  2.10

                	
                  The
                    Company has an option of purchasing such number of preference
                    shares in
                    Nimrod, constituting 25% of Nimrod's issued and paid-up share
                    capital,
                    fully diluted (hereinafter: the "Nimrod
                    Shares").
                    The purchase price of the option is 2.75 million dollars and
                    is
                    exercisable no later than 60 days from fulfillment of all the
                    conditions
                    precedent, as provided in the investment agreement, allowing
                    for
                    construction of the station. The preference shares in respect
                    of which the
                    options may be exercised shall be, on the date of exercise, Free
                    and Clear
                    and shall have all the rights, as set out in the Option Agreement
                    dated 5
                    December 2006, attached hereto as Appendix
                    2.10 of
                    this Agreement,

                

        

        

        
          	 	
                  2.11

                	
                  Intentionally
                    omitted.

                

        

        

        
          	 	
                  2.12

                	
                  That
                    the Company is a private company duly registered in Israel at
                    the
                    Registrar of Companies, bearing the number 51-3866657, it is
                    authorized to
                    execute this Agreement and there is no statutory and/or contractual
                    impediment to the execution and/or fulfillment of its obligations
                    hereunder.

                

        

        

        
          	 	
                  2.13

                	
                  That
                    there are no winding-up and/or receivership proceedings against
                    the
                    Company. To the best of the Vendor's knowledge, the Company has
                    not
                    received any notice or warning of an intention to initiate such
                    proceedings and neither is the Vendor aware of any cause for
                    the
                    initiation of winding-up and/or receivership proceedings against
                    the
                    Company. Equally, the Vendor is not aware of any existing and/or
                    planned
                    stay of proceedings against the
                    Company.

                

        

         

        
          
            
            

          

          
            4

            
              

            

          

          
            
            

          

        

        
          	 	
                  2.14

                	
                  That
                    no undistributed dividend has been declared by the Company and
                    no
                    resolution has been adopted thereby regarding the distribution
                    of bonus
                    shares which have not been distributed, nor any other distribution,
                    within
                    the meaning thereof in the Companies
                    Law.

                

        

        

        
          	 	
                  2.15

                	
                  To
                    the best of the Vendor's knowledge, there is no undertaking and/or
                    other
                    understanding, whether written or verbal, of the Company to issue
                    any
                    shares and/or other securities of the Company. Likewise, to the
                    best of
                    the Vendor's knowledge, the Company has not granted an option
                    and/or
                    options and/or any other convertible security, which are in force
                    at the
                    time of signing this Agreement, for the purchase and/or receipt
                    of shares
                    of the Company.

                

        

        

        
          	 	
                  21.6

                	
                  Audited
                    financial statements of the Company, GWE and Nimrod, as at 31.12.2006
                    and
                    reviewed financial statements of the Company, as at 31.12.2007
                    are
                    attached to this Agreement, as Appendices
                    2.16 (1) and 2.16 (2) (hereinafter:
                    the "Financial
                    Statements").
                    To the best of the Vendor's knowledge, the Financial Statements
                    were drawn
                    up according to generally accepted accounting principles and
                    they
                    accurately reflect the Company's financial situation, operations
                    and
                    liabilities, as at 31.12.2007. To the best of the Company's knowledge,
                    since the Financial Statements and up until the date of signing
                    this
                    Agreement, the Company has not executed any transaction and has
                    not
                    assumed any obligation not in the ordinary course of its business,
                    which
                    has or might have a material adverse affect thereon and/or on
                    its equity
                    and/or on its Financial Statements. A trial balance which, to
                    the Vendor's
                    best knowledge, accurately reflects the Company's situation as
                    at 31
                    January 2008, as well as details of activities that have been
                    adopted
                    henceforth, is attached hereto as Appendix
                    2.16 (3) of
                    this Agreement.

                

        

        

        
          	 	
                  2.17

                	
                  That
                    to the Vendor's best knowledge, the Company does not have any
                    tax debts in
                    respect of 2006 and 2007.

                

        

        

        
          	 	
                  2.18

                	
                  That
                    the Company does not engage any employees and/or
                    consultants.

                

        

        

        
          	 	
                  2.19

                	 

        

        

        
          	 	
                  2.19.1

                	
                  To
                    the Vendor's best knowledge, the Company has not given and has
                    not
                    undertaken to give, any guarantee to secure any debts and/or
                    liabilities,
                    save as specified in Appendix
                    2.19 (1) hereof.

                

        

        

        
          	 	
                  2.19.2

                	
                  To
                    the Vendor's best knowledge, there is no agreement or arrangement
                    between
                    the Company and the Vendor and there is no transaction of the
                    Company in
                    which the Vendor has any personal interest and neither is there
                    any
                    guarantee, undertaking of indemnity or loan which the Vendor
                    has provided
                    to the Company, save as specified in Appendix
                    2.19(2) hereof.

                

        

         

        
          
            
            

          

          
            5

            
              

            

          

          
            
            

          

        

        
          

          
            	 	
                    2.20

                  	 

          

           

        

        
          	 	
                  2.20.1

                	
                  to
                    the Vendor's best knowledge, other than the Company's execution
                    of
                    agreements with GWE
                    and Nimrod,
                    copies of which are attached hereto, the Company shall not be
                    party to any
                    valid substantial contract and/or agreement and/or understanding
                    and shall
                    not be liable for any substantial obligation and/or liability
                    of
                    whatsoever nature, whether in writing or orally and there shall
                    not be any
                    negotiations and/or discussions conducted by the Company towards
                    any
                    substantial contract. An evaluation of the operations being purchased
                    in
                    GWE and in Nimrod, as provided in the above- mentioned agreements,
                    is
                    attached as Appendix
                    2.20 hereof.

                

        

        

        
          	 	
                  2.20.2

                	
                  To
                    the best of the Vendor's knowledge, all the substantial data
                    and
                    information set out in section 2.20.2 hereof, are true and
                    accurate.

                

        

         

        
          	 	
                  2.21

                	
                  To
                    the best of the Vendor's knowledge, no legal proceeding and/or
                    investigation is being conducted against the Company and/or its
                    officers.
                    Similarly, as at the date of signing this Agreement, the Vendor
                    is not
                    aware of any notice from any party regarding an intention to
                    file a claim
                    or to adopt legal proceedings against the Company, which has
                    been received
                    thereat. In addition, to the best of the Vendor's knowledge,
                    there is no
                    judgment, arbitration award or any judicial decision against
                    the Company
                    and/or its officers by virtue of their position therein, as at
                    the date of
                    signing this Agreement, which have not been fully
                    satisfied.

                

        

        

        
          	 	
                  2.22

                	
                  The
                    Vendor is aware the Purchaser is entering into this Agreement
                    in reliance
                    on the warranties and representations given by the Vendor, as
                    incorporated
                    herein and that in the event of it transpiring that (all or any
                    of) these
                    warranties and representations are incorrect, inaccurate or partial,
                    same
                    shall constitute a fundamental breach of this
                    Agreement.

                

        

        

        
          	 	 	
                  To
                    the best of the Vendor's knowledge, there is no substantial information
                    in
                    connection with the operations of the Company, GWE and Nimrod
                    which has
                    not been included herein.

                

        

         

        
          	 	
                  3.

                	
                  Warranties
                    and obligations of the
                    Purchaser

                

        

        

        
          	 	 	
                  The
                    Purchaser hereby warrants and undertakes to the Vendor, as
                    follows:

                

        

        

        
          	 	
                  3.1

                	
                  That
                    subject to the receipt of approval of the board of directors
                    of the
                    Company which has yet to have been received as at the date if
                    signing this
                    Agreement, it has lawfully passed all the resolutions and received
                    all the
                    approvals which are required thereby pursuant to law and under
                    its
                    documents of incorporation, for purposes of the execution of
                    this
                    Agreement thereby and the performance of all its obligations
                    hereunder and
                    that it does not require the consent or approval of any other
                    third party
                    regarding its execution of this Agreement and performance of
                    all its
                    obligations set out herein.

                

        

         

        
          
            
            

          

          
            6

            
              

            

          

          
            
            

          

        

        
          	 	
                  3.2

                	
                  That
                    it is not subject to any prohibition and/or restriction and/or
                    impediment,
                    whether in accordance with law or under any agreement regarding
                    the
                    performance of its obligations under the provisions hereof and
                    that its
                    execution and implementation of this Agreement does not constitute
                    a
                    breach of any obligation of the Purchaser and/or of any contract
                    to which
                    the Purchaser is a party.

                

        

        

        
          	 	
                  3.3

                	
                  That
                    it has the ability and means to fulfill all its obligations hereunder
                    in a
                    full and timely manner and possesses the financial resources
                    for payment
                    of the full Consideration amount and on the dates set forth
                    herein.

                

        

        

        
          	 	
                  3.4

                	
                  The
                    Purchaser warrants that it is a public company duly registered
                    in Israel
                    at the Registrar of Companies, Company No. 52-0036724, whose
                    shares are
                    traded on the stock exchange in Tel-Aviv and that no steps or
                    proceedings
                    for its striking off, dissolution, winding-up, receivership or
                    such other
                    actions, have been adopted or are threatened against
                    it

                

        

        

        
          	 	
                  3.5

                	
                  That
                    the signatories of this Agreement and the related documents on
                    behalf of
                    the Purchaser, are the persons authorized to sign, on the Purchaser's
                    behalf, this Agreement and the related documents and/or those
                    which are
                    necessary for its implementation and to bind the Purchaser by
                    their
                    signature and this Agreement, together with all terms thereof,
                    is binding
                    on the Purchaser for all intents and
                    purposes.

                

        

        

        
          	 	
                  3.6

                	
                  That
                    for a period of 30 days, commencing from the date of signing
                    this
                    Agreement, it shall conduct independent due diligence in connection
                    with
                    the equal ranking of the Shares for Sale, the rights and obligations
                    of
                    the Company, its legal, financial and accounting situation (hereinafter:
                    "Due
                    Diligence").

                

        

        

        
          	 	
                  3.7

                	
                  In
                    the framework of performing Due Diligence, it shall consult with
                    lawyers,
                    accountants, investment advisors and any other professional with
                    whom it
                    wishes to confer, in all respects of purchasing the Shares for
                    Sale
                    pursuant hereto and the risks involved therein, including: (a)
                    examination
                    and performance of comprehensive due diligence of all aspects
                    pertaining
                    to the Company, its activity, business, assets and the financial
                    statements and any other particular required thereby for purposes
                    of
                    taking the decision on execution of this Agreement; (b) that
                    prior to the
                    date of the closing, it shall confirm to the Vendor that it was
                    afforded
                    access to the assets, books, reports and accounts of the Company;
                    and that
                    (c) inasmuch as it elects to consummate the transaction following
                    its
                    completion of Due Diligence, then subject to the accuracy of
                    the Vendor's
                    warranties in section 2 above, it hereby releases the Vendor
                    or any party
                    on its behalf from any damage which it may incur in relation
                    to
                    acquisition of the Shares for Sale hereunder and
                    it assumes responsibility for all the risks involved in such
                    acquisition.

                

        

         

        
          
            
            

          

          
            7

            
              

            

          

          
            
            

          

        

        
          	 	
                  3.8

                	
                  Apart
                    from the Vendor's warranties and representations in section 2
                    above, it
                    has not been given any warranties and representations by the
                    Vendor,
                    Company, their employees, managers, consultants and/or any party
                    on their
                    behalf, whether explicitly or implicitly, directly or indirectly,
                    in
                    relation to the Company, including in all respects of their legal,
                    economic, business and financial situation and/or to any projections
                    in
                    connection with the above.

                

        

        

        
          	 	
                  3.9

                	
                  There
                    is no legal or other impediment to execution of this Agreement
                    by the
                    Purchaser and to the performance of what is stated herein and
                    this
                    Agreement and the fulfillment of the Purchaser's obligations
                    hereunder are
                    not in opposition to or in contradiction of any judgment, order
                    or
                    directive of a court, any agreement, contract or understanding
                    to which
                    the Purchaser is party, its documents of incorporation or any
                    other
                    undertaking of the Purchaser, whether by virtue of an agreement
                    (oral, by
                    way of conduct or in writing) or by operation of
                    law.

                

        

        

        
          	 	
                  3.10

                	
                  That
                    it is aware the execution of this Agreement must be reported
                    to the
                    Securities Authority and to the Stock Exchange, pursuant to the
                    securities
                    laws.

                

        

        

        
          	 	
                  3.11

                	
                  That
                    it is aware the Vendor is entering into this Agreement in reliance
                    on its
                    warranties as provided in this section 3. The foregoing shall
                    not serve to
                    prejudice and/or derogate from the validity and/or generality
                    of the
                    Vendor's representations as provided in section 2
                    above.

                

        

        

        
          	 	
                  4.

                	
                  The
                    Agreement

                

        

        

        
          	 	
                  4.1

                	
                  Subject
                    to the correctness of the Vendor's and Purchaser's representations
                    as set
                    out herein, subject to the completion of Due Diligence by the
                    Purchaser
                    and subject to approval of the meeting of shareholders of the
                    Purchaser,
                    the Vendor, on the one hand and the Purchaser on the other hand,
                    mutually
                    undertake that on the date of signing this Agreement, the Purchaser
                    shall
                    purchase the Shares for Sale from the Vendor and the Vendor shall
                    sell all
                    the Shares for Sale to the Purchase, against payment of the Consideration
                    as specified in section 5 hereof and that the Purchaser waives
                    any claim
                    in connection with the Shares for Sale and it neither has nor
                    shall it
                    have any contention and/or claim and/or demand in connection
                    with the
                    Shares for Sale, other than a claim in connection with the representations
                    which have been made thereto, in accordance
                    herewith.

                

        

        

        
          	 	
                  4.2

                	
                  The
                    Vendor hereby undertakes that the Shares for Sale which are being
                    hereby
                    transferred to the Purchaser, are being transferred Free and
                    Clear of any
                    pledge, attachment, encumbrance, lien or any third party
                    right.

                

        

         

        
          
            
            

          

          
            8

            
              

            

          

          
            
            

          

        

        

        
          	 	
                  5.

                	
                  Consideration

                

        

        

        
          	 	 	
                  Subject
                    to receipt of the full Consideration amount, the Vendor hereby
                    sells the
                    Shares for Sale to the Purchaser, for the Consideration detailed
                    below, on
                    the Consideration Payment Date, as defined above (hereinafter:
                    Consideration
                    Payment Date"):

                

        

        

        
          	 	
                  5.1

                	
                  To
                    the Vendor:
                    against the Shares for Sale, the Purchaser shall pay the Vendor
                    consideration in the sum of 1,250,350 US dollars, plus VAT, as
                    may be
                    required by law, out of which a sum equal to the amount designated
                    in
                    section 5.2 shall be paid directly to World Group Capital (58)
                    Ltd.,
                    against a)
                    the
                    full and final waiver of World Group Capital (58)
                    Ltd.
                    of an option to purchase the Shares for Sale; b)
                    removal
                    of the lien that was registered in favor of World Group Capital
                    (58) Ltd.
                    on the Vendor's real estate property (hereinafter: "Payment
                    on the Shares for Sale").

                

        

         

        
          	 	
                  5.2

                	
                  The
                    amount equal to NIS 1,575,200, plus nominal monthly interest
                    of 1%, on the
                    said amount, calculated from 11.12.2007 and together with 8,000
                    dollars +
                    VAT.

                

        

        

        
          	 	
                  5.3

                	
                  To
                    the Company:
                    a)
                    a
                    sum of 335,000 US dollars, as an owner's loan (hereinafter: the
                    "Investment
                    Loan").
                    The Company shall provide the Investment Loan to GWE, as full
                    payment of
                    the full balance of the Company's undertakings to invest in GWE;
                    b)
                    a
                    sum of 1,356,650 US dollars, as an owner's loan (hereinafter:
                    the
                    "Payment
                    Loan").
                    The Payment Loan shall be paid by the Company to the Vendor,
                    as full
                    repayment of the balance of the owner's loans in the Company,
                    excluding
                    the owner's loans which are to be provided to the Company by
                    the Purchaser
                    pursuant hereto; c)
                    a
                    sum of 30,000 US dollars, as an owner's loan which is convertible
                    into a
                    capital note (hereinafter: the "Capital
                    Loan").
                    The Capital Loan constitutes the balance of the Company's liabilities
                    to
                    suppliers.

                

        

        

        
          	 	 	
                  Notwithstanding
                    the foregoing, it is hereby agreed that the Purchaser shall be
                    required to
                    provide, on the Consideration Payment Date, an aggregate amount
                    of not
                    more than 2.3 million US dollars, the balance of the amount,
                    i.e., a
                    further sum of 672,000 US dollars, being provided by the Vendor,
                    as a
                    loan, on the following terms:

                

        

         

        
          	 	
                  5.3.1

                	
                  On
                    the Consideration Payment Date, the Purchaser shall pay the Company
                    out of
                    the sum of 1,356,650 US dollars, as provided in section 5.2(b)
                    above, a
                    sum of only 684,650 US dollars.

                

        

        

        
          	 	
                  5.3.2

                	
                  Within
                    12 months from the date of the Vendor's general meeting approving
                    the
                    execution of this Agreement, the Purchaser shall pay the Company
                    the
                    balance of the payment for the Payment Loan (hereinafter: the
Deferred
                    Date of Payment"
                    and the "Deferred
                    Consideration Balance",
                    respectively).
                    The Purchaser shall be allowed to advance this payment, by prior
                    written
                    notice to the Company. On the date of the Company's receipt of
                    the said
                    payment, the Company shall pay the Deferred Consideration Balance
                    to the
                    Vendor.

                

        

         

         

        
          
            
            

          

          
            9

            
              

            

          

          
            
            

          

        

         

        
          	 	
                  5.3.3

                	
                  As
                    security for remittance of the said payment, it is agreed that
                    on the
                    Consideration Payment Date, 25% of the Shares for Sale shall
                    be deposited,
                    in trust, with the Vendor's attorney, Adv. Doron Elkayam (hereinafter:
                    the
                    "Trustee"),
                    as a deposited pledge and insofar as the Purchaser fails to pay
                    the Vendor
                    the Deferred Consideration Balance, on the Deferred Date of Payment,
                    after
                    the Vendor has furnished written notice of 21 days to the Purchaser,
                    the
                    Trustee shall be allowed to sell the Shares for Sale and/or transfer
                    title
                    therein and/or to have recourse to any other relief pursuant
                    to law and/or
                    this Agreement, all in accordance with the deed of instructions
                    to the
                    Trustee, Appendix
                    5.3.3 hereof.
                    On the date of receiving the Purchaser's notice of execution
                    of the
                    payment by the Company, as detailed in section 5.3.2 above, to
                    which the
                    bank's confirmation of such transfer of funds is attached, the
                    Trustee
                    shall transfer the Shares for Sale which were deposited with
                    him, as
                    provided in this section 5.3.3 above, to the
                    Purchaser.

                

        

        

        
          	 	
                  6.

                	
                  Acts
                    for execution on the Consideration Payment
                    Date

                

        

        

        
          	 	
                  6.1

                	
                  On
                    the Consideration Payment Date, as defined above, the parties
                    shall
                    convene, by prior coordination between them, at Knebel, Elkayam
& Co.,
                    Law Offices or at any other place that has been agreed by them,
                    for the
                    sake of closing the transaction and they shall act as detailed
                    below, all
                    acts below being carried out at one and the same time and whose
                    full and
                    faithful execution by the party responsible, constitutes a condition
                    precedent for performance of the acts by the other party, as
                    follows:

                

        

        

        
          	 	
                  6.2

                	
                  The
                    Vendor:

                

        

        

        
          	 	
                  6.2.1

                	
                  Shall
                    transfer 75% of the Shares for Sale to the Purchaser, by delivering
                    a
                    signed share transfer deed to the Purchaser's order and shall
                    deposit the
                    remaining 25% of the Shares for Sale with the
                    Trustee

                

        

        

        
          	 	
                  6.2.2

                	
                  Shall
                    furnish to the Purchaser a resolution of the board of directors
                    of the
                    Company, nominating directors on the Purchaser's behalf to the
                    Company's
                    board of directors, in accordance with a list which the Purchaser
                    is to
                    send the Vendor by such date and in accordance with the Company's
                    articles
                    of association.

                

        

        

        
          	 	
                  6.2.3

                	
                  Shall
                    furnish minutes of the meeting of the Vendor's board of directors
                    certifying its signature on this Agreement and empowering
                    the authorized signatories on its behalf to sign this
                    Agreement.

                

        

         

        
          
            
            

          

          
            10

            
              

            

          

          
            
            

          

        

         

        
          	 	
                  6.3

                	
                  The
                    Purchaser:

                

        

        

        
          	 	
                  6.3.1

                	
                  Shall
                    remit the payment for the Shares for Sale, by way of wire transfer,
                    to a
                    bank account in the Vendor's name, whose details the Vendor shall
                    give the
                    Purchaser prior to the Consideration Payment
                    Date..

                

        

        

        
          	 	
                  6.3.2

                	
                  Shall
                    sign the share transfer deeds to transfer the Shares for Sale
                    into its
                    name.

                

        

        

        
          	 	
                  6.1.2

                	
                  Shall
                    furnish minutes of the meeting of the Purchaser's board of directors
                    certifying its signature on this Agreement and empowering the
                    authorized
                    signatories on its behalf to sign this Agreement, together with
                    confirmation of a lawyer that the said resolution was duly passed
                    and that
                    it is a binding resolution.

                

        

        

        
          	 	
                  6.4

                	
                  All
                    acts carried out on the Consideration Payment Date shall be deemed
                    to have
                    been carried out simultaneously, no single act being considered
                    to have
                    been completed and no single document being considered to have
                    been
                    delivered, until all acts on such date have been completed and
                    all
                    documents have been delivered.

                

        

        

        
          	 	
                  7.

                	
                  The
                    interim phase

                

        

        

        
          	 	
                  7.1

                	
                  Due
                    diligence

                

        

        

        
          	 	
                  7.1.1

                	
                  The
                    Purchaser shall be entitled, during the period from the date
                    of signing
                    this Agreement until the elapse of 30 days from the above-mentioned
                    date
                    (hereinafter: the "Examination
                    Period"),
                    to conduct due diligence of the Company, in the framework of
                    which it
                    shall conduct any legal, accounting, planning and/or other examination,
                    in
                    its discretion.

                

        

        

        
          	 	
                  7.1.2

                	
                  
                    In
                      the event of it being found that one or more of the Vendor's
                      warranties
                      and/or representations, as provided in section 2 of this Agreement
                      and/or
                      any of its appendices, is substantially and fundamentally wrong
                      and/or in
                      the event of negative material and fundamental information
                      being
                      discovered regarding the Shares for Sale and/or the assets
                      of GWE and/or
                      Nimrod and which have not been disclosed herein and/or in the
                      event of
                      failing to prove, to the Purchaser's satisfaction, that the
                      validity of
                      the CDM approval issued to GWE, shall not be adversely affected
                      as a
                      result of a change in status of the State of Israel to a developing
                      country (hereinafter: the "Negative
                      Finding"),
                      then the Purchaser may, until the end of the Examination Period,
                      inform
                      the Vendor, in writing, of the decision not to consummate the
                      transaction
                      hereunder (hereinafter: the "Termination
                      Notice")
                      and this Agreement shall be terminated, without either party
                      having any
                      claim and/or demand against the other party on account of such
                      termination. The Termination Notice shall include comprehensive
                      and
                      detailed information of the Negative Finding, on account of
                      which the
                      Purchaser wishes to terminate the Agreement and the Vendor
                      shall have the
                      right to repair any such defect, within 14 days of the date
                      of the
                      Termination Notice. Where the defect in the Negative Finding
                      has been
                      redressed, the Termination Notice shall be deemed null and
                      void. Should
                      the defect not be cured, the Termination Notice shall be regarded
                      as being
                      in force. For purposes of this Agreement, negative material
                      and
                      fundamental information shall mean - information in respect
                      of which one
                      of the following is fulfilled: a) had a reasonable buyer been
                      aware, on
                      the date of signing this Agreement, of the information pertaining
                      to the
                      Negative Finding, he would not have entered into this Agreement
                      and b) the
                      Negative Finding is such that the value of the Shares for Sale
                      has been
                      adversely impacted by more than
                      15%

                  

                

        

         

        
          
            
            

          

          
            11

            
              

            

          

          
            
            

          

        

         

        
          	 	
                  7.2

                	
                  The
                    Vendor hereby undertakes that during the period from the date
                    of signing
                    this Agreement and until to the Consideration Payment Date (hereinafter:
                    the "Interim
                    Period"),
                    it shall exercise reasonable efforts and in accordance with law,
                    so
                    that:

                

        

        

        
          	 	
                  7.2.1

                	
                  The
                    Company does not perform any act which is not in the normal and/or
                    regular
                    course of business, including a declaration and/or distribution
                    of
                    dividends and any other distribution, within the meaning thereof
                    in the
                    Companies Law, an issuance of shares or other rights, other than
                    as
                    provided in this Agreement and/or with the Purchaser's prior
                    written
                    consent;

                

        

        

        
          	 	
                  7.2.2

                	
                  It
                    delivers prior notice to the Purchaser immediately upon learning
                    of any
                    substantial event in the Company and of any act performed by
                    the Company
                    and/or the Vendor, which serve to change the provisions of this
                    Agreement
                    and any other reasonable information, as requested by the Purchaser
                    and
                    which the Vendor is able to
                    provide.

                

        

        

        
          	 	
                  7.2.3

                	
                  Not
                    to sell and/or transfer all or any of the Shares for Sale, not
                    to
                    relinquish any right to which they are entitled in connection
                    with the
                    Shares for Sale and not to grant any option and/or other right
                    in respect
                    of the Shares for Sale, to any third party and not to execute
                    any
                    agreement which shall preclude the implementation of this Agreement
                    in
                    relation to the Shares for Sale.

                

        

        

        
          	 	
                  7.2.4

                	
                  Not
                    to make any change in the Company's registered and/or issued
                    capital.

                

        

        

        
          	 	
                  7.3

                	
                  The
                    parties undertake to act in good faith towards implementation
                    of the
                    provisions of this Agreement and to cooperate in order to present
                    all the
                    requisite
                    documents before any statutory
                    authority.

                

        

         

        
          
            
            

          

          
            12

            
              

            

          

          
            
            

          

        

         

        
          	 	
                  8.

                	
                  Safeguarding
                    of confidentiality

                

        

        

        
          	 	
                  8.1

                	
                  Each
                    of the parties undertakes that if the contractual cooperation
                    contemplated
                    hereunder is terminated and/or does not enter into effect, it,
                    its
                    employees, representatives and all those acting on its behalf,
                    shall keep
                    strictly confidential and refrain from disclosing and/or revealing
                    and/or
                    transferring, in any way, directly or indirectly, themselves
                    or through
                    others, including parties on their behalf, any professional,
                    commercial or
                    other information not in the public domain, in connection with
                    the
                    activity of the Company and/or the subsidiaries and/or any information
                    pertaining to the other party (hereinafter: the "Information")
                    and shall not make any use of the Information, in any form, unless
                    disclosure of the Information is required by virtue of the provisions
                    of
                    any law or on the request of a competent authority. This undertaking
                    is
                    not limited in time and shall continue to remain in force also
                    following
                    the end of the Term of this Agreement or if this Agreement is
                    terminated,
                    for any reason.

                

        

        

        
          	 	
                  8.2

                	
                  The
                    Vendor and the Purchase undertake that neither of them shall
                    adopt any
                    action constituting a violation of the provisions of the Securities
                    Law
                    and in particular, chapter H1 of the Law (Restriction of the
                    Use of
                    Insider Information), including a sale and/or purchase of the
                    Purchaser's
                    securities, which might be considered as the use of insider information
                    under the provisions of the Law.

                

        

        

        
          	 	
                  9.

                	
                  Assignment
                    of rights

                

        

        

        
          	 	 	
                  The
                    parties' rights hereunder are personal and may not be transferred,
                    assigned, pledged, placed under a lien, attachment or other charge,
                    either
                    voluntarily or by the operation of any law and no deed of transfer
                    may be
                    given in respect thereof, whether valid immediately or on a future
                    date,
                    excluding a case of an assignment to a wholly owned subsidiary
                    of the one
                    of the parties and subject to the furnishing of written notice
                    of
                    execution of the assignment, provided the assignor shall continue
                    to be
                    liable for its obligations under this Agreement, together with
                    the
                    assignee - jointly and severally.

                

        

        

        
          	 	
                  10.

                	
                  Breaches
                    and remedies

                

        

        

        
          	 	 	
                  Where
                    a party has breached any term of this Agreement, it shall be
                    given, by
                    notice in writing, an extension of 30 (thirty) days to cure the
                    breach.
                    Any breach which fails to be cured within 30 (thirty) days, shall
                    become,
                    from that date, a fundamental breach of this Agreement and shall
                    vest in
                    the aggrieved party, a right to all the remedies and relief wich
                    are
                    prescribed in this regard in the Contracts Law (Remedies for
                    Breach of
                    Contract), 5731-1970, including the right of
                    enforcement.

                

        

        

        
          	 	
                  11.

                	
                  Indemnity

                

        

         

        
          
            
            

          

          
            13

            
              

            

          

          
            
            

          

        

         

        
          	 	 	
                  Without
                    derogating from any recourse available to the Purchaser pursuant
                    to law,
                    the Purchaser shall be entitled to indemnity from the Vendor,
                    if and to
                    the extent of its transpiring that there is any financial liability
                    which
                    originated prior to the date of signing this Agreement and was
                    not
                    included in the Vendor's representations hereunder or if the
                    Company is
                    rendered liable, under a judgment or an arbitrator's award, to
                    pay for
                    claims and/or legal proceedings which are brought against the
                    Company and
                    the cause of which preceded the date of signing this
                    Agreement.

                

        

        

        
          	 	
                  12.

                	
                  Good
                    faith

                

        

        

        
          	 	 	
                  The
                    parties undertake to act in a reciprocal manner and in good faith
                    for the
                    proper, correct and effective implementation of this Agreement
                    and towards
                    this end, the parties undertake to sign any document and to appear
                    before
                    any authority, as necessitated.

                

        

        

        
          	 	
                  13.

                	
                  Miscellaneous

                

        

        

        
          	 	
                  13.1

                	
                  Each
                    party shall bear its legal costs in connection with the execution
                    of this
                    Agreement and the mandatory payments and taxes applying thereto,
                    if any,
                    pursuant to any law, in connection with the execution of this
                    Agreement.

                

        

        

        
          	 	
                  13.2

                	
                  This
                    Agreement exhausts the relations of the parties in all respects
                    of the
                    subject matter contemplated hereunder. Previous agreements and
                    understandings, if any, are merged into and incorporated herein.
                    Any
                    pledges, sureties, written or oral contracts, undertakings or
                    representations, estimations and evaluations regarding the subject
                    matter
                    hereof, made or given by the parties prior to the execution of
                    this
                    Agreement and which were not explicitly expressed herein, shall
                    be deemed
                    null and void and shall be lacking in any force and they shall
                    not
                    constitute a basis for any claim or demand of either party against
                    the
                    other and/or against the employees, managers and/or consultants
                    of the
                    other party or any person on its behalf. Without derogating from
                    the
                    generality of the foregoing, the exchange of documents between
                    the parties
                    prior to the signing of this Agreement, including drafts exchanged
                    by
                    them, shall not have any meaning in the interpretation of this
                    Agreement.

                

        

        

        
          	 	
                  13.3

                	
                  Any
                    modification or amendment of this Agreement shall be binding
                    only
                    reflected in a document in writing, bearing the signature of
                    both parties
                    hereto.

                

        

        

        
          	 	
                  13.4

                	
                  Remedies
                    and relief which are available to the parties pursuant to any
                    law are
                    cumulative and not on an alternative
                    basis.

                

        

        

        
          	 	
                  13.5

                	
                  In
                    any case in which the closing of this Agreement is delayed, due
                    to any act
                    and/or omission of the Vendor and/or the Purchaser, for a period
                    of time
                    not exceeding 7 Business Days, same shall not be deemed a breach
                    of this
                    Agreement.

                

        

        

         

        
          
            
            

          

          
            14

            
              

            

          

          
            
            

          

        

        

        
          	 	
                  13.6

                	
                  The
                    deferral of or abstention from exercising any right of a party
                    to the
                    Agreement, shall not be construed as a waiver on its part vis-à-vis such
                    matter, unless it waived its rights expressly and in
                    writing.

                

        

        

        
          	 	
                  13.7

                	
                  No
                    conduct by either of the parties shall be deemed a waiver of
                    any of its
                    rights hereunder or pursuant to law or as a waiver of or consent
                    thereby
                    to any breach or default of any condition, unless the consent,
                    waiver,
                    postponement, cancellation or addition were made specifically
                    and in
                    writing.

                

        

        

        
          	 	
                  13.8

                	
                  The
                    parties to this Agreement shall be allowed to extend or bring
                    forward any
                    date stipulated herein and to waive the performance of any of
                    its
                    provisions, all whether on a one-time basis or on several occasions
                    and by
                    means of written notice to be signed by the Vendor and the
                    Purchaser.

                

        

        

        
          	 	
                  13.9

                	
                  The
                    law of the State of Israel shall govern this Agreement. The competent
                    court within the jurisdiction of the District Court of Tel- Aviv
                    shall
                    have sole and exclusive jurisdiction in all matters arising in
                    connection
                    with this Agreement and its implementation and no other court
                    shall have
                    authority.

                

        

        

        
          	 	
                  14.

                	
                  Addresses
                    and notices

                

        

        

        
          	 	 	
                  The
                    addresses of the parties are as appearing in the preamble hereto.
                    Any
                    notice sent by a party hereto to the other party according to
                    the above
      addresses, shall be deemed as notice that was received
                    at the end of 72
                    hours from the time of its dispatch by registered mail or on
                    the first
                    Business Day following its transmission via
                    fax.

                

        

         

        In
          witness whereof, the parties set their hands for
          signature:

         

        
          	 	
                  DCI
                    USA, Inc.

                	 	 	
                  Tobias
                    Jewelry Ltd.

                	 	 	
                  Gunther
                    Wind Energy, Ltd.

                
	By:
                  	
                  /s/
                    J. Rigbi

                	 	By:
                  	
                  /s/
                    J. Rigbi

                	 	By:
                  	
                   /s/
                    Y. Goldstein

                
	Position:
                  	
                  CFO

                	 	Position:
                  	
                  Director

                	 	Position:	
                   Chairman

                
	April
                  23, 2008	 	April
                  23, 2008	 	 	
                  Oded
                    Binyamin, CEO

                

        

         

         

        
          
            
            

          

          
            15Unassociated Document

     

    

      EMPLOYMENT
        AGREEMENT

      AGREEMENT
        dated as
        of the 1st day of May, 2008, by and among China Display Technologies, Inc.,
        a
        Delaware corporation with its principal office at 12A Block, Xinhe Road,
        No. 3
        Xinqiao, Industrial Zone, Shajing District, Baoan Town, Shenzhen, China
        150090 (the
        “Company”), and Ye Chang Hao, an individual residing at Chaozhou ,Guangdong
        ,China(“Executive”).

       

      W
        I T
        N E S S E T H:

       

      WHEREAS,
        the
        Company desires to engage Executive to serve at its chief financial officer
        on
        and subject to the terms of this Agreement;

       

      NOW,
        THEREFORE,
        in
        consideration of the mutual promises set forth in this Agreement, the parties
        agree as follows:

       

      1.  Employment
        and Duties.

       

      (a)  Subject
        to the terms and conditions hereinafter set forth, the Company hereby employs
        Executive as chief financial officer, during the Term, as hereinafter defined.
        As chief financial officer of the Company, Executive shall have the duties
        and
        responsibilities associated with the chief financial officer of a public
        corporation. Executive shall report to the Company’s chief executive officer.
        Executive shall also perform such other duties and responsibilities as may
        be
        determined by the Company’s board of directors (the “Board”), as long as such
        duties and responsibilities are consistent with those of the Company’s chief
        financial officer. 

       

      (b)  The
        “Probation Term” shall mean the period commencing on May 01, 2008 and ending on
        July 31, 2008. The “Term” shall mean the period commencing on July 31, 2008 and
        continuing thereafter until terminated pursuant to Section 5 of this
        Agreement.

       

      2.  Executive’s
        Performance.
        Executive hereby accepts the employment contemplated by this Agreement. During
        the Term, Executive shall perform his duties diligently, in good faith and
        in a
        manner consistent with the best interests of the Company, and shall devote
        substantially all of his business time to the performance of his duties under
        this Agreement. In the course of his employment, Executive shall comply with
        all
        policies, including Codes of Ethics, that are applicable to the Company’s
        officers in general and chief financial and accounting officers, in
        particular.

       

      3.  Compensation
        and Other Benefits.

       

      (a)  For
        his
        services during the Probation Term and during the Term, the Company shall
        pay
        Executive a salary (“Salary”) at the monthly rate of thirty thousand China Yuan
        (RMB 30,000). Salary payments shall be payable monthly in arrears in accordance
        with the Company’s policy on executive compensation. 

       

      (b)  Executive
        shall not be entitled to any fringe benefits during the Probation Term. During
        the Term, Executive shall receive, in addition to Salary, the following
        benefits:

       

      (i)
          An
        annual
        bonus equal to one month’s salary, payable in December of each year, based on
        the monthly salary in effect on November 30 of the year.

       

      (ii)
          Such
        benefits as are available to Company employees.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      (iii)
          Ten
        days
        paid sick leave annually. If such sick leave exceeds two days in any one
        month,
        the Executive must provide a physician’s certificate describing the reasons for
        the sick leave, which the Company may in its sole discretion approve or
        disapprove.

       

      (iv)
          Twelve
        days paid leave annually. Such paid leave may not be carried over or be
        exchanged for cash. Executive shall schedule his leave in a manner consistent
        with his duties as chief financial officer, including his services required
        in
        connection with the Company’s filings with the United States Securities and
        Exchange Commission, and the Company’s vacation policy.

       

      (v)
          Eligibility
        to participate in any employee stock option plan or other equity participation
        plans that are available to employees of the Company, it being understood
        that
        the grant of options or other equity-based incentives is in the discretion
        of
        the compensation committee of the board of directors.

       

      (c)  During
        the Term, Executive shall be eligible for such bonuses payments and increases
        in
        Salary as shall be determined by the Compensation Committee in its sole
        discretion.

       

      (d)  The
        Company shall grant to Executive10,000 shares (the “Grant”) per year during the
        Term. The initial Grant shall vest in nine equal monthly installments,
        commencing July 31, 2008 through. The Company shall make an additional 10,000
        share Grant of the commencement of the Term, provided that Executive shall
        be
        employed by the Company as chief financial officer on that date. Executive
        shall
        be eligible for additional annual Grants of 10,000 shares, in the discretion
        of
        the Compensation Committee. The terms of the Grants shall be set forth in
        the
        Instrument of Grant from the Company to the Executive. If this Agreement
        is
        terminated pursuant to Section 5, any non-vested Shares shall be automatically
        forfeited to the Company unless the Company otherwise notifies the Executive.
        Upon notice from the Company of such forfeiture, the Executive shall immediately
        return to the Company any stock certificate that evidences non-vested Shares
        and
        shall execute and all such documents and instruments to all the Company to
        reacquire the forfeited Shares. The certificates for these shares shall include
        an appropriate legend referring to the forfeiture provisions of the
        Grant.

       

      4.  Reimbursement
        of Expenses.
        The
        Company shall reimburse Executive, upon presentation of proper expense
        statements, for all authorized, ordinary and necessary out-of-pocket expenses
        reasonably incurred by Executive during the Term in connection with the
        performance of his services pursuant to this Agreement in accordance with
        the
        Company’s expense reimbursement policy.

       

      5.  Termination
        of Employment

       

      (a)  During
        the Probation Term, this Agreement and Executive’s Employment, may be terminated
        by the Company or Executive for any reason and without any prior notice.
        No
        severance pay shall be payable to Executive for termination during the Probation
        Term.

       

      (b)  During
        the Term, this Agreement and Executive’s employment pursuant to this Agreement
        may be terminated by the Executive or the Company on not less than 30 days’
written notice, provided that the Company may elect to terminate this Agreement
        and the Executive’s employment pursuant to this Agreement forthwith upon payment
        to the Executive one month’s Salary. 

       

      
        
           

        

        
          -
            2
            -

          
            

          

        

        
           

        

      

       

      6.  Trade
        Secrets and Proprietary Information.

       

      (a)  Executive
        recognizes and acknowledges that the Company, through the expenditure of
        considerable time and money, has developed and will continue to develop in
        the
        future confidential information. “Confidential information” shall mean all
        information of a proprietary or confidential nature relating to Covered Persons,
        including, but not limited to, such Covered Person’s trade secrets or
        proprietary information, confidential know-how, and marketing, services,
        products, business, research and development activities, inventions and
        discoveries, whether or not patentable, and information concerning such Covered
        Person’s services, business, customer or client lists, proposed services,
        marketing strategy, pricing policies and the requirements of its clients
        and
        relationships with its lenders, suppliers, licensors, licensees and others
        with
        which a Covered Person has a business relationship, financial or other data,
        technical data or any other confidential or proprietary information possessed,
        owned or used by the Company, the disclosure of which could or does have
        a
        material adverse effect on the Company, its businesses, any business in which
        it
        proposes to engage. Executive agrees that he will not at any time use or
        disclose to any person any confidential information relating to Company;
        provided, however, that nothing in this Section 6(a) shall be construed to
        prohibit Executive from using or disclosing such information if he can
        demonstrate that such information (i) became public knowledge other than
        by or
        as a result of disclosure by a person not having a right to make such disclosure
        or (ii) was disclosure that was authorized by the Company. The term “Covered
        Person” shall include the Company, any subsidiaries and affiliates and any other
        person who provides information to the Company pursuant to a secrecy or
        non-disclosure agreement.

       

      (b)  In
        the
        event that any confidential information is required to be produced by Executive
        pursuant to legal process (including judicial process or governmental
        administrative subpoena), Executive shall give the Company notice of such
        legal
        process within a reasonable time, but not later than ten business days prior
        to
        the date such disclosure is to be made, unless Executive has received less
        notice, in which event Executive shall immediately notify the Company. The
        Company shall have the right to object to any such disclosure, and if the
        Company objects (at the Company’s cost and expense) in a timely manner so that
        Executive is not subject to penalties for failure to make such disclosure,
        Executive shall not make any disclosure until there has been a court
        determination on the Company’s objections. If disclosure is required by a court
        order, final beyond right of review, or if the Company does not object to
        the
        disclosure, Executive shall make disclosure only to the extent that disclosure
        is required by the court order, and Executive will
        exercise reasonable efforts at the Company’s expense, to obtain reliable
        assurance that confidential treatment will be accorded the confidential
        information.

       

      (c)  Executive
        shall, upon expiration or termination of the Term, or earlier at the request
        of
        the Company, turn over to the Company or destroy all documents, papers, computer
        disks or other material in Executive’s possession or under Executive’s control
        which may contain or be derived from confidential information. To the extent
        that any confidential information is on Executive’s hard drive or other storage
        media, he shall, upon the request of the Company, cause either such information
        to be erased from his computer disks and all other storage media or otherwise
        take reasonable steps to maintain the confidential nature of the
        material.

       

      (d)  Executive
        further realizes that any trading in Company’s common stock or other securities
        or aiding or assisting others in trading in Company’s common stock or other
        securities, including disclosing any non-public information concerning Company
        or its affiliates to a person who uses such information in trading in the
        Company’s common stock or other securities, may constitute a violation of
        federal and state securities laws. Executive will not engage in any transactions
        involving the Company’s common stock or other securities while in the possession
        of material non-public information in a manner that would constitute a violation
        of federal and state securities laws.

       

      (e)  For
        the
        purposes of Sections 6, 7 and 8 of this Agreement, the term “Company” shall
        include the Company, and any subsidiaries and affiliates.

       

      
        
           

        

        
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      7.  Covenant
        Not To Solicit or Compete.

       

      (a)  During
        the period from the date of this Agreement until one year following the date
        on
        which Executive’s employment is terminated, Executive will not, directly or
        indirectly:

       

      (i)
          persuade
        or attempt to persuade any person which is or was a customer, client or supplier
        of the Company to cease doing business with the Company, or to
        reduce
        the amount of business it does with the Company (the terms “customer” and
“client” as used in this Section 7 to include any potential customer or
        client to whom the Company submitted bids or proposals, or with whom the
        Company
        conducted negotiations, during the term of Executive’s employment or consulting
        relationship hereunder or during the twelve (12) months preceding the
        termination of his employment or consulting relationship, as the case may
        be);

       

      (ii)
          solicit
        for himself or any other person other than the Company the business of any
        person which is a customer or client of the Company, or was a customer or
        client
        of the Company within one (1) year prior to the termination of his employment
        or
        consulting relationship;

       

      (iii)
          persuade
        or attempt to persuade any employee of the Company, or any individual who
        was an
        employee of the Company during the one (1) year period prior to the lawful
        and
        proper termination of this Agreement, to leave the Company’s employ, or to
        become employed by any person in any business in the PRC whether as an officer,
        director, consultant, partner, guarantor, principal, agent, employee, advisor
        or
        in any manner, which directly competes with the business of the Company as
        it is
        engaged in at the time of the termination of this Agreement, unless, at the
        time
        of such termination or thereafter during the period that the Executive is
        bound
        by the provisions of this Section 7, the Company ceases to be engaged in
        such
        activity, provided, however, that nothing in this Section 7 shall be
        construed to prohibit the Executive from owning an interest of not more than
        five (5%) percent of any public company engaged in such activities.

       

      (b)  Executive
        will not, during or after the Probation Term or the Term, make any disparaging
        statements concerning the Company, its business, officers, directors and
        employees that could injure, impair, damage or otherwise affect the relationship
        between the Company, on the one hand, and any of the Company’s employees,
        suppliers, customers, clients or any other person with which the Company
        has or
        may conduct business or otherwise have a business relationship of any kind
        and
        description; provided, however, that this sentence shall not be construed
        to
        prohibit either from giving factual information required to be given pursuant
        to
        legal process, subject to the provisions of Section 6(b) of this Agreement.
        The
        Company will not make any disparaging statements concerning Executive. This
        Section 7(b) shall not be construed to prohibit the either party from giving
        factual information concerning the other party in response to inquiries that
        such party believes are bona fide.

       

      (c)  The
        Executive acknowledges that the restrictive covenants (the “Restrictive
        Covenants”) contained in Sections 6 and 7 of this Agreement are a condition
        of his employment and are reasonable and valid in geographical and temporal
        scope and in all other respects. If any court determines that any of the
        Restrictive Covenants, or any part of any of the Restrictive Covenants, is
        invalid or unenforceable, the remainder of the Restrictive Covenants and
        parts
        thereof shall not thereby be affected and shall remain in full force and
        effect,
        without regard to the invalid portion. If any court determines that any of
        the
        Restrictive Covenants, or any part thereof, is invalid or unenforceable because
        of the geographic or temporal scope of such provision, such court shall have
        the
        power to reduce the geographic or temporal scope of such provision, as the
        case
        may be, and, in its reduced form, such provision shall then be
        enforceable.

       

      
        
           

        

        
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      (d)  Nothing
        in this Section 7 shall be construed to prohibit Executive from owning a
        passive, non-management interest of less than 5% in any public company that
        is
        engaged in activities prohibited by this Section 7.

       

      8.  Injunctive
        Relief.
        Executive agrees that his violation or threatened violation of any of the
        provisions of Sections 6 or 7 of this Agreement shall cause immediate and
        irreparable harm to the Company. In the event of any breach or threatened
        breach
        of any of said provisions, Executive consents to the entry of preliminary
        and
        permanent injunctions by a court of competent jurisdiction prohibiting Executive
        from any violation or threatened violation of such provisions and compelling
        Executive to comply with such provisions. This Section 8 shall not affect
        or limit, and the injunctive relief provided in this Section 8 shall be in
        addition to, any other remedies available to the Company at law or in equity
        or
        in arbitration for any such violation by Executive. The provisions of Sections
        6, 7 and 8 of this Agreement shall survive any termination of this Agreement
        and
        Executive’s employment and consulting relationship pursuant to this
        Agreement.

       

      9.  Indemnification.
        The
        Company shall provide Executive with indemnification to the maximum extent
        permitted by the Company’s certificate of incorporation, by-laws and applicable
        law. 

       

      10.  Representations
        by the Executive.
        Executive represents, warrants, covenants and agrees that he has a right
        to
        enter into this Agreement, that he is not a party to any agreement or
        understanding, oral or written, which would prohibit performance of his
        obligations under this Agreement, and that he will not use in the performance
        of
        his obligations hereunder any proprietary information of any other party
        which
        he is legally prohibited from using.

       

      11.  Miscellaneous.

       

      (a)  Any
        notice, consent or communication required under the provisions of this Agreement
        shall be given in writing and sent or delivered by hand, overnight courier
        or
        messenger service, against a signed receipt or acknowledgment of receipt,
        or by
        registered or certified mail, return receipt requested, or telecopier or
        similar
        means of communication if receipt is acknowledged or if transmission is
        confirmed by mail as provided in this Section 11(b), to the parties at
        their respective addresses set forth at the beginning of this Agreement,
        with
        notice to the Company being sent to the attention of the individual who executed
        this Agreement on its behalf. Any party may, by like notice, change the person,
        address or telecopier number to which notice is to be sent.

       

      (b)  Any
        dispute of difference arising out of or in connection with this Agreement
        must
        be referred to and determined by arbitration by one arbitrator in China.
        

       

      (c)  If
        any
        term, covenant or condition of this Agreement or the application thereof
        to any
        party or circumstance shall, to any extent, be determined to be invalid or
        unenforceable, the remainder of this Agreement, or the application of such
        term,
        covenant or condition to parties or circumstances other than those as to
        which
        it is held invalid or unenforceable, shall not be affected thereby and each
        term, covenant or condition of this Agreement shall be valid and be enforced
        to
        the fullest extent permitted by law, and any court or arbitrator having
        jurisdiction may reduce the scope of any provision of this Agreement, including
        the geographic and temporal restrictions set forth in Section 7 of this
        Agreement, so that it complies with applicable law.

       

      
        
           

        

        
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      (d)  This
        Agreement constitutes the entire agreement of the Company and Executive as
        to
        the subject matter hereof, superseding all prior or contemporaneous written
        or
        oral understandings or agreements, including any and all previous employment
        agreements or understandings, all of which are hereby terminated, with respect
        to the subject matter covered in this Agreement. This Agreement may not be
        modified or amended, nor may any right be waived, except by a writing which
        expressly refers to this Agreement, states that it is intended to be a
        modification, amendment or waiver and is signed by both parties in the case
        of a
        modification or amendment or by the party granting the waiver. No course
        of
        conduct or dealing between the parties and no custom or trade usage shall
        be
        relied upon to vary the terms of this Agreement. The failure of a party to
        insist upon strict adherence to any term of this Agreement on any occasion
        shall
        not be considered a waiver or deprive that party of the right thereafter
        to
        insist upon strict adherence to that term or any other term of this
        Agreement.

       

      (e)  No
        party
        shall have the right to assign or transfer any of its or his rights hereunder
        except that the Company’s rights and obligations may be assigned in connection
        with a merger of consolidation of the Company or a sale by the Company of
        all or
        substantially all of its business and assets.

       

      (f)  This
        Agreement shall be binding upon and inure to the benefit of the parties hereto
        and their respective heirs, successors, executors, administrators and permitted
        assigns.

       

      (g)  The
        headings in this Agreement are for convenience of reference only and shall
        not
        affect in any way the construction or interpretation of this
        Agreement.

       

      (h)  This
        Agreement may be executed in counterparts, each of which when so executed
        and
        delivered will be an original document, but both of which counterparts will
        together constitute one and the same instrument. 

       

      IN
        WITNESS WHEREOF,
        the
        parties have executed this Agreement as of the date first above
        written.

      
        	 	 	 
	 	CHINA
                DISPLAY TECHNOLOGIES, INC.
	 
 	 
 	 
 
	 	By:  	/s/
                Lawrence Kwok-Yan Chan 
	 	
                
Lawrence
                Kwok-Yan Chan, Chief Executive
                Officer

      

       

       

      
        	 	 	 
	 	By:  	/s/
                Ye
                Chang Hao 
	 	
                
Ye
                Chang Hao

      
        
           

        

        
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            6
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