Document:

ex10_2.htm

    EXHIBIT
10.2

     

    
      Translated
from the original Mandarin

    

     

    Tenancy Agreement

    

    Leasing
property: Flats A-D, I, L, N,
8/F, Wai Cheung Industrial Centre, 5 Shek Pai Tau RD, Tuen Mun, N.T. Hong
Kong.

    Purpose:
Commercial use

    Landlord:
Rui Yong Ltd.

    Business
Registration Certificate No. 10116256

    Tenant:
SinoHub Technology (Hong Kong), Ltd

    Business
Registration Certificate No. 32440242

    Leasing
period: 2007-7-31 to 2008-7-31

    Rent:
HK$30,000 shall be paid to landlord before the 31st of
every month

    Management
fee shall be paid by Landlord

    Land tax
shall be paid by Landlord

    Deposit:
HK$60,000 (paid)

    

    Leasing
terms:

    
      	
              1.

            	
              Rent
      shall be fully paid on time every
month.

            

    

    
      	
              2.

            	
              Deposit
      shall be paid to Landlord before this Agreement become effective. If the
      Tenant doesn’t fulfill the leasing period, the deposit shall be kept by
      Landlord. If the Tenant terminates this Agreement with the agreement of
      the Landlord, the deposit shall be returned to Tenant within 15 days after
      all other expenses are settled.

            

    

    
      	
              3.

            	
              Under
      no condition that Tenant shall sublet or sublease the unit to other people
      without the consent of Landlord.

            

    

    
      	
              4.

            	
              All
      the expenses caused by Tenant shall be paid on time, for example,
      telephone expenses or electricity
expenses.

            

    

    
      	
              5.

            	
              Tenant
      shall comply with the rules of the building and the rules made by the
      management of this building.

            

    

    
      	
              6.

            	
              Tenant
      shall not use any sign board or poster or neon sign for advertising,
      otherwise Landlord has the right to remove those things and all expenses
      shall be paid by Tenant. Tenant shall not use public place for furniture,
      goods, sundries. And Tenant shall not keep any pet in the
      building.

            

    

    
      	
              7.

            	
              Tenant
      shall not change any facilities or architecture of the unit without the
      consent of Landlord. Any damage on the facilities shall be paid by
      Tenant.

            

    

    
      	
              8.

            	
              Tenant
      shall not keep any dangerous articles like ordnance, gunpowder, gas or
      other explosive articles.

            

    

    
      	
              9.

            	
              Tenant
      shall not make any noise, peculiar smell or other acts that interfere
      neighbors. Landlord has the right to terminate the Agreement if no
      improvements are made after warning.

            
	
              10.

            	
              Tenant
      shall buy wind, flood, fire and other accident insurance. Landlord shall
      not be responsible for any damage caused by these
  things.

            
	
              11.

            	
              Landlord
      has the right to send people to the unit to inspect or perform maintenance
      at normal hours. Landlord has the right to post renting advertisements two
      months before the expiration date of this Agreement. Tenant shall agree to
      let people look over the unit.

            
	
              12.

            	
              Any
      notice in concern with this Agreement shall be delivered to Tenant or
      Landlord by registered
      letter. Registered letter to the agreed addresses shall be deemed as
      properly received by Tenant or
Landlord.

            

    

    
    

    
    

    
    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
    

    
      	
              13.

            	
              Tenant
      in this Agreement refers to signatory and its lawful successors. If
      signatory is an organization, Tenant refers to the people in full charge
      of the organization and its lawful
successors.

            

    

    
      	
              14.

            	
              This
      Agreement is made in both English and Chinese, if there is any
      discrepancy, the English version shall rule. Tenant and Landlord shall pay
      government expenses or a retaining fee averagely (if
  any).

            
	 	 

    

     

    
      	 	Rui
      Yong Ltd.	 	 	 
	 	 	    
      Title: GM	 	 
	 	 
	 	 
	 	 

    

    
      	 	SinoHub
      Technology (Hong Kong), Ltd	 	 
	 	 	    
      Title: CFOex10_3.htm

    EXHIBIT
10.3

     

    
      Translated
from the original Mandarin

    

     

    Party A
(Landlord)  Zhou Dan

    Party B
(Tenant)   SinoHub SCM Shanghai, Ltd.

    

    Based on
the laws and regulations of the People’s Republic of China, Party A and Party B
agree on the following terms:

    
      	
              1.

            	
              Leasing
      property, area, using purpose

            

    

    
      	
               
      

            	
              a)

            	
              Leasing property:
      3/F, No 769, Yun Qiao Road, Jinqiao Export Processing Zone,
      Putong, Shanghai. The area is 1122.63m2

            

    

    
      	
               
      

            	
              b)

            	
              This property shall be used as
      both a warehouse and an office. Party B shall notice Party A to change
      the using purpose and finish relevant
  procedures.

            

    

    
      	
               
      

            	
              c)

            	
              Party
      B shall take the management for the whole
  property

            

    

    
      	
              2.

            	
              Leasing
      period

            

    

    
      	
               
      

            	
              a)

            	
              From
      2006-3-23 to 2011-3-22

            

    

    
      	
               
      

            	
              b)

            	
              From
      2006-3-23 to 2006-4-22, no rent charged for this decoration
      month.

            

    

    
      	
               
      

            	
              c)

            	
              Party
      B shall negotiate with Party A about renewing this lease 90 days before
      the Agreement expire date.

            

    

    
      	
              3.

            	
              Leasing
      items

            

    

    
      	
               
      

            	
              a)

            	
              Two
      days after this Agreement goes into effect, Party A shall handover leasing
      items to Party B, Party B agrees to lease the property based on the
      current situation of leasing items.

            

    

    
      	
              4.

            	
              Rent

            

    

    
      	
               
      

            	
              a)

            	
              Deposit
      shall be 2 months’ rent, RMB51,219

            

    

    
      	
               
      

            	
              b)

            	
              For
      the first 3 years, the rent shall be RMB0.75/m2/day.
      After the first 3 years, the rent shall be RMB0.79/m2/day,
      the change date shall be 2009-3-23

            

    

    
      	
               
      

            	
              c)

            	
              Management
      fee and agency fee: Party A shall take all management fee and agency
      fee.

            

    

    
      	
               
      

            	
              d)

            	
              Party
      B shall apply for electricity and pay for all
  expenses.

            

    

    
      	
              5.

            	
              Payment
      terms

            

    

    
      	
               
      

            	
              a)

            	
              Party
      B shall pay 3 months’ rent in advance, with 2 months’ rent as
      deposit

            

    

    
      	
               
      

            	
              b)

            	
              After
      signing the Agreement, Party B shall pay Party A the deposit of RMB51,219,
      and the first 3 months’ rent of RMB76829. The total amount paid at signing
      shall be RMB128048. Party A shall return the deposit to Party B within 5
      days after the termination of
tenancy.

            

    

    
      	
              6.

            	
              Leasing
      items transfer

            

    

    
      	
               
      

            	
              a)

            	
              Leasing
      items transfer shall not affect Party B. Party B has priority to purchase
      leasing items. If Party B cannot use the property because of leasing items
      transfer, Party A shall pay for any loss according to 13.
    (d)

            

    

    
      	
              7.

            	
              Facilities
      using, maintenance and repair

            

    

    
      	
               
      

            	
              a)

            	
              Party
      B shall be in charge of facilities maintenance and repair, Party A has the
      right to inspect facilities
condition.

            

    

    
      	
               
      

            	
              b)

            	
              Party
      B shall take actions to prevent from any kinds of error or
      danger.

            

    

    
      	
               
      

            	
              c)

            	
              Party
      B shall be responsible for any damage caused to leasing
    items.

            

    

    
      	
              8.

            	
              Fire
      protection

            

    

    
      	
               
      

            	
              a)

            	
              Party
      B shall be in compliance with The Fire Protection Regulation of The
      People's Republic of China, otherwise Party B shall be responsible for all
      loss

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              b)

            	
              Fire
      extinguisher shall be allocated to the
property

            

    

    
      	
               
      

            	
              c)

            	
              Hot
      Work Permit shall be gotten from fire control department before
      electric welding, gas welding

            

    

    
      	
               
      

            	
              d)

            	
              Party
      A has the right to inspect fire protection system at the property during
      normal working hours

            

    

    
      	
              9.

            	
              Insurance

            

    

    
      	
               
      

            	
              a)

            	
              Party
      A shall buy insurances for leasing items, and Party B shall buy insurances
      for its own property (liability insurance
  included).

            

    

    
      	
              10.

            	
              Property
      management

            

    

    
      	
               
      

            	
              a)

            	
              After
      the tenancy termination, Party B shall clean the property, otherwise Party
      B shall pay for the expenses to clean the
  property.

            

    

    
      	
               
      

            	
              b)

            	
              Any
      activity shall be in comply with laws and regulations of China. Otherwise
      Party B shall be responsible for all
loss.

            

    

    
      	
              11.

            	
              Decoration
      terms

            

    

    
      	
               
      

            	
              a)

            	
              Any
      decoration plan shall be approved by Party A and shall not affect the
      neighbor’s activity.

            

    

    
      	
               
      

            	
              b)

            	
              If
      the decoration requires changing the building structure, approval shall be
      get from the construction company.

            

    

    
      	
              12.

            	
              Property
      sublet

            

    

    
      	
               
      

            	
              a)

            	
              Party
      B shall not sublet the property to a third
party

            

    

    
      	
              13.

            	
              Early
      termination of Tenancy

            

    

    
      	
               
      

            	
              a)

            	
              If
      Party B delays the rent for 15 days, Party A has the right to stop
      providing facilities, and Party B shall be responsible for all
      loss

            

    

    
      	
               
      

            	
              b)

            	
              If
      Party B delays the rent for 30 days, Party A has the right to terminate
      this Agreement, and Party A has the right of lien on Party A’s
      property.

            

    

    
      	
               
      

            	
              c)

            	
              Party
      B shall not terminate this Agreement without the approval of Party A.
      Party B shall notice Party A 90 days in advance and fulfill the following
      procedures to make an early
termination:

            

    

    
      	
               
      

            	
              i.

            	
              Return
      leasing items to Party A

            

    

    
      	
               
      

            	
              ii.

            	
              Pay
      off all expenses

            

    

    
      	
               
      

            	
              iii.

            	
              Make
      compensation of 3 month’ rent to Party
A

            

    

    
      	 	 	Party
      A shall return the deposit to Party B within 5 days after Party B finishes
      the above procedures
	
               
      

            	
              d)

            	
              Party
      A shall not terminate this Agreement without the approval of Party B.
      Party A shall notice Party B 90 days in advance and fulfill the following
      procedures to make an early
termination:

            

    

    
      	
               
      

            	
              i.

            	
              Return
      left rent to Party B

            

    

    
      	
               
      

            	
              ii.

            	
              Return
      deposit to Party B

            

    

    
      	
               
      

            	
              iii.

            	
              Make
      an compensation of 3 month’ rent to Party
B

            

    

    Party B
agrees to move out of the property 15 days after Party A finish above
procedures.

    
      	
              14.

            	
              Exceptions
      clause

            

    

    
      	
               
      

            	
              a)

            	
              If
      this Agreement cannot be further implemented due to government reason or
      force majeure, see 14 (b)

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              b)

            	
              If
      either Party cannot implement this Agreement due to natural disaster, war
      or other unforeseeable events, this Party shall notice the other Party
      with written official proof, and this Party is not responsible for any
      loss

            

    

    
      	
              15.

            	
              Termination
      of this Agreement

            

    

    
      	
               
      

            	
              a)

            	
              Party
      B shall move out of the property after the termination of this Agreement,
      otherwise Party B shall pay double rent to Party A. Party A has the right
      to decline a double rent and clean off the property without approval of
      Party B.

            

    

    
      	
              16.

            	
              Advertising

            

    

    
      	
               
      

            	
              a)

            	
              If
      Party B wants to set up advertising board at the property, Party B shall
      finish all necessary procedures required by
  government

            

    

    
      	
               
      

            	
              b)

            	
              If
      Party B wants to set up advertising board around the property, Party B
      shall get written approval from Party A and abide by government
      regulations.

            

    

    
      	
              17.

            	
              Taxes
      and dues

            

    

    
      	
               
      

            	
              a)

            	
              Expenses
      caused by this Agreement shall be taken by both Parties; Party A shall be
      responsible for handling all the
procedures.

            

    

    
      	
              18.

            	
              Notice

            

    

    
      	
               
      

            	
              a)

            	
              Any
      notice in concern with this Agreement shall be in writing and shall be
      delivered by registered mail. Notice letters shall be deemed as properly
      received 10 days after delivery to the agreed
  address.

            

    

    
      	
              19.

            	
              Applicable
      law

            

    

    
      	
               
      

            	
              a)

            	
              Controversy
      shall be handled by arbitration commission of
  Shanghai

            

    

    
      	
               
      

            	
              b)

            	
              This
      Agreement applies to the laws and regulations of
  PRC

            

    

    
      	
              20.

            	
              Miscellaneous
      clause

            

    

    
      	
               
      

            	
              a)

            	
              Parties
      hereto may revise or supplement through negotiation matters not mentioned
      herein.

            

    

    
      	
               
      

            	
              b)

            	
              This
      Agreement is made in octuplicate and each Party holds 4
      copies.

            

    

    
      	
              21.

            	
              Validity
      of treaty

            

    

    
      	
               
      

            	
              a)

            	
              This
      Agreement goes into effect right after both Parties sign and chop on the
      Agreement.

            

    

    
       

      
        	 	Party
    A 	 	 	Party B

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