Document:

Shengtai Power International, Inc.: Exhibit 10.9 - Prepared by TNT Filings Inc.

  

	
     
	
    
    Exhibit 10.9

(English Translation) 

Real Estate Lease Agreement 

Registration No: Shen (Bao) DA012878 (Bei) 

The Lesser (Party A): Shenzhen Sha Jing Sha Yi
Share-cooperative Company 

Address: Sha Yi Village Committee Office
Building, Sha Jing Xi Huan Road, Bao An District, Shenzhen 

Post #: 

The entrusted agent: Address: Post #: 

The Lessee (Party B): Shenzhen Sheng Tai
Industrial Co., Ltd. 

Address: South of the 2nd Floor,
Building 17, Chang Xing High-tech Industry Park, Sha Yi Wan An Road, Sha Jing
Avenue, Bao An District, Shenzhen Municipality 

Post #: 

The entrusted agent: 

Business license No. or ID No.: Address: Post
#: 

In accordance with
Contract Law of PRC, City Real Estate Management Law of PRC and Shenzhen Special
Economic Zone House Leasing Rules and its implementing regulations, Party A and
Party B agree to enter into this contract through consultations. 

Article 1 

Party A leases
to Party B the property located at 2nd Floor, Building 17, Chang Xing
High-tech Industry Park, Sha Yi Wan An Road, Sha Jing Avenue, Bao An District,
Shenzhen (hereinafter called "the Premise") with 5 storeys and a total floorage
of 1144 m2. The house
owner is: Shenzhen Sha Jing Sha Yi Share-cooperative Company. House Ownership
Certificate number or other proof of ownership number: [/]. 

	
    
    Real Estate Lease Agreement

Article 2 

The monthly rental fee of the Premise is RMB12 (twelve) Yuan per square meter
and the total monthly rental fee is RMB 13,728 (thirteen thousand seven hundred
and twenty eight) Yuan. 

Article 3 

Party B shall pay the rental fee for the first month before 10th,
October 2006, totally RMB 13,728 (thirteen thousand seven hundred and twenty
eight) Yuan. 

Article 4 

Party B shall pay the rental fee to Party A prior to the 5th
day of each month. Party A shall issue a taxed invoice to Party B upon the
collection of the rental fee. 

Article 5 

The lease term of the Premise shall start on the 15th,
October 2006 and ending on the 15th, October 2010. 

The lease term
stipulated in this article shall not extend the approved land use period. The
period beyond is inefficacy. The loss caused shall be compensated according to
the agreement and if there is no agreement on this, Party A shall be liable for
the loss. 

Article 6 

Usage purpose of the leased property shall be industrial usage. 

If Party B uses the
leased house for other purposes, Party B shall get a written consent from Party
A and shall go through the approval formalities for such changes according to
the provisions of relevant laws and regulations. 

Article 7 

Party A shall hand over the rental unit to Party B by [/] and
conduct relevant formalities. If Party A cannot hand over the rental unit by the
above said day, Party B has the right to extend the rental term accordingly.
Both parties should sign written confirmation accordingly and go through the
approval or registration formalities. 

Article 8 

Upon handing over the rental unit, both parties shall confirm the condition at
that time of the rental unit and its subsidiary properties, which shall be
listed in the Supplementary Agreement. 

Article 9 

Upon handing over the rental unit, Party A may collect a deposit
guarantee equivalent to the amount of 2 (two) months rental that is RMB 27,456 (RMB
twenty seven thousand four hundred and fifty six) Yuan. 

Party A shall issue a
receipt to Party B upon the collection of the deposit. 

Party A shall return
the deposit guarantee to Party B according to clauses defined in this Contract
and the supplementary agreement. 

Party A shall not
return the deposit guarantee to Party B according to clauses defined in this
Contract and its supplementary agreement. 

Page 2 of 6 

	
    
    Real Estate Lease Agreement

Article 10 

During the lease period, Party A shall be responsible for paying the house tax,
relevant land use fee and management fee. Party B shall be responsible for
paying the charges concerning the use of water and electricity, hygiene, house
management fee etc. 

Article 11 

Party A shall guarantee that the Premise and the facilities meet the
requirements of Party B’s lease purpose in compliance with the provisions and
requirements of relevant laws, rules or regulations. 

Party B shall have
rights to claim compensation from Party A for any loss of property or personal
injury due to the fault of Party A deliberately or negligently. 

Article 12 

Party B shall use the Premise and facilities properly and legally; Party A
should not hinder Party B’s normal use of the Premise. 

Article 13 

In case any damage or breakdown occurs to the leased house or the facilities not
due to the misconduct of Party B, which may cause safety risks or influence the
normal usage of the Premise or the facilities, Party B shall notify Party A in
time to take effective measures to prevent the progress of such damage. Party A
shall repair the damage in [/] day upon receiving the notice, or request Party B
to repair the damage on behalf. If Party B was unable to inform Party A of such
damage or Party A refuses to repair the damage with above mentioned time frame,
Party B can repair it instead after acquiring the verification from the lease
contract registration authority. 

In case of emergency,
Party B shall repair the damage on behalf of Party A immediately and inform
Party A in time. 

Any expense incurred
in such circumstances as mentioned in the above two sub-clauses (including the
expenses occurred to Party B for the repairing or any action to prevent the
progress of such damage) shall be borne by party A. Party B shall take the
additional repairing expenses of extra damage incurred due to its failure of
abiding by the above two sub-clauses or failure of notification to Party A in
time. 

Article 14 

If any damage or breakdown occurs to the house or the facilities therein due to
Party B's improper or unreasonable use, Party B shall repair the damage without
delay or make up for the losses. If Party B refuses to maintain or compensate
for the losses, Party A may carry out the repair instead after acquiring the
verification from the contract registration authority with the expenses borne by
Party B. 

Article 15 

During the valid term of this Contract, if Party A or Party B
needs to transform, expand or decorate the leased house, both parties shall
enter into a separate written agreement for this purpose. 

In such case, the
project shall start after the approval from government authorities is
obtained according to the government regulation for the above situations. 

Page 3 of 6 

	
    
    Real Estate Lease Agreement

Article 16 

Party B
shall not sublease whole or part of the leased house to the third party during
the term of lease. 

Article 17 

If, during the valid term of the contract, Party A believes
necessary to assign part or whole of the leased house, Party B should be
informed one month earlier. Party B has the right of preemption under equal
conditions. 

Party A shall
guarantee to inform the assignee to continue to implement this Contract when the
house is assigned. . 

Article 18 

During the valid term of the contract, if any one of the following cases occurs,
the contract will be automatically terminated or altered: 

(i) 

Force majeure events happen, making it impossible to carry out this Contract;

(ii) 

The leased house needs to be demolished because of the government expropriation
of the land on which the leased house rests; 

(iii) 

Agreement from both parties. 

Article 19 

Under one of the following circumstances, Party A has the right
to keep the deposit and ask from Party B for loss compensation. 

(i) 

Party B fails to pay the rental for a period of more than [/] days; 

(ii) 

Party B fails to pay all the charges mentioned up to an amount of [/]; 

(iii) 

Party B uses the leased the Premise illegally and infringes the interest of the
public or the third party; 

(iv) 

Party B changes arbitrarily the usage of the leased house; 

(v) 

Serious damage occurs to the house or facilities due to Party B's failure to
bear maintenance responsibilities or to pay the maintenance costs under Article
14; 

(vi) 

Party B decorates the leased house without the written consent of Party A and
the approval of relevant authorities; 

(vii) 

Party B subleases the leased house to the third party without consent of Party
A. 

Party A has the right
to terminate the contract or change the contract articles, apart from the claims
for the compensation and liabilities for breach of contract. 

Page 4 of 6 

	
    
    Real Estate Lease Agreement

Article 20 

Under any one of the following conditions, Party B has the right to claim from
Party A for loss compensation, or request double amount refund of deposit
guarantee, or acquire a liquidated damage equal to [/]: 

(i) 

Party A delays the handover of the leased house for over [/] days; 

(ii) 

Party A's breaches the Article 11(i) of this Contract making it impossible for
Party B to continue to use the leased house for its original purpose; 

(iii) 

Party B is made unable to continue to lease the house due to Party A's failure
to maintain the house or pay the maintenance expenses under Article 13 of this
Contract; 

(iv) 

Party A transforms, expands or decorates the leased house without the consent
form party B and the approval from relevant authorities. 

Party B has the right
to terminate this Contract (with a written confirmation to Party A after
obtaining the compensations and hand over the leased house to Party A), or
change the contract articles, apart from the claims from Party A for the
compensation and liabilities for breach of contract. 

Party B shall not pay
any rental fee until compensated by Party A since Party A receives such notice.

Article 21 

Party B shall move out of the leased house on the date of termination of this
Contract and return the house to Party A. Party B shall ensure the leased house
and facilities in good condition (except fair wear and tear) and settle all the
expenses and complete handover procedure. 

If Party B does not
leave or return the leased house after the lease expiry, Party A has the right
to take back the leased house and ask for the double rental fee for the expiry
period. 

Article 22 

Upon the termination of this Contract, if Party B wants to renew the lease of
the Premise, it shall submit a renewal application to Party A three months
before the termination of this Contract. If Party A desires to continue to lease
the house, Party B has the priority to rent the said house under equal
conditions. 

Both Parties shall
enter into a new contract if they reach an agreement on the lease renewal and
shall get the new contract re-registered at the contract registry. 

Article 23 

Both
parties shall perform this Contract properly, for any breach of the Articles
herein by either Party; the Party shall undertake relevant liability of breach
of contract according to this Contract. 

Article 24 

Both
parties can state other matters by supplementary agreement to this Contract,
which will have the same legal effect as this original Contract upon signature
and stamping by both Parties. 

Page 5 of 6 

    	
    
    Real Estate Lease Agreement

If both parties enter
into an alteration agreement during the leasing term, it should be recorded in
the registration authorities. The agreement shall have the same legal effect as
this original Contract after the registration. 

Article 25 

In case any
dispute occurs during the term of this Contract, the dispute shall be settled
through amicable consultations. Otherwise the case may be referred to the
registration authority of this Contract for mediation. In case of mediation
failure, it may be submitted to the Shenzhen Arbitration Commission for
arbitration. 

Article 26 

This Contract shall come into force from the date of execution. 

This Contract shall
be registered in the registration authority within 10 (ten) days from the date
of execution. 

Article 27 

The Chinese
version of this Contract shall be the original. 

Article 28 

This Contract is made in quadruplicate, and two copies for Party A and one copy
for Party B and one copy for government house lease registration authority.

Party A: Shenzhen Sha Jing Sha Yi
Share-cooperative Company (Seal & Signature) 

Legal person: 

Contract telephone: 

Bank account: 

Entrusted agent: P (Seal & Signature) 

Party B: Shenzhen Sheng Tai Industrial Co.,
Ltd. (Seal & Signature) 

Legal person: 

Contract telephone: 

Bank account: 

Entrusted agent: P (Seal & Signature) 

Registered by:(Seal & Signature) 

Contract Registration Authorities: (Seal and
signature) 

Page 6 of 6Shengtai Power International, Inc.: Exhibit 10.10 - Prepared by TNT
Filings Inc.

  

	
     
	
    
    Exhibit 10.10

(English Translation) 

Technology Transfer Agreement 

( Patent Application Right) 

Project Name: Liquid Crystal Display
Television used Electricity Power Board and Power Changing Circuit 

Transferee ( Party A ): Shenzhen Sheng Tai
Industrial Co, Ltd 

Transferor ( Party B ): Ding Feng 

Signing Date: 3 April 2007 

Signing Place: Shenzhen Sheng Tai Industrial Co,
Ltd 

Term: Ten Years 

 

    
  

	
    
    Technology Transfer Agreement (Patent Application Right)

Technology Transfer Agreement 

(Patent Application Right) 

	Transferee ( Party A ):
    Shenzhen Sheng Tai Industrial Co, Ltd
	Legal Address: 9# XinHe
    XinXing Industial Zone, FuYongZhen, BaoAn District, Shenzhen
	Legal Representative: ZouDerong	 
	Project Contactor: ZhangHongdong	 
	Attention:	 
	Contacting Address: 9#
    XinHe XinXing Industial Zone, FuYongZhen, BaoAn District, Shenzhen
	Telephone: 0755-33679088	Facsimile: 0755-33850389
	Email: 
    szshengtai@vip.163.com	 
	 	 
	 	 
	Transferor ( Party B ): Ding Feng	 
	Address: 8E,B#,Shennan
    Garden, High-Tech Park, Nanshan District, Shenzhen
	Legal Representative:	 
	Project Contactor: DingFeng	 
	Attention:	 
	Contacting Address: 8E,B#,Shennan
    Garden, High-Tech Park, Nanshan District, Shenzhen
	Telephone:	Facsimile:
	Email:	 

Whereas Party B owns the design patent application of the LCD
TV used Electricity Power and the utility model patent application of the Power
Changing Circuit, Party A is willing to accept such patent application mention
above and to pay relevant amount of money for it. After friendly negotiation,
the Parties hereby entered into the following contract on an arm’s length basis.

Article 1. The basic information of the design patent application is as
below: 

1. 

the patent application right
belongs to the design patent and utility model patent application. 

2. 

inventor/ designer: Ding Fing

3. 

patent applier: Ding Fing 

4. 

applying date: 7th
March 2007, 13 February 2007 

5. 

patent applying NO.:
200730049019.6, 200720048687.1 

Article 2. Prior to the signing of this contract, the design patent
application was finished by the following means: Party B finished the design
paten and the utility model patent through his own effort at 8E,B#,Shennan
Garden, High-Tech Park, Nanshan District, Shenzhen in January 2007. 

2

	
    
    Technology Transfer Agreement (Patent Application Right)

Article 3. Party A shall ensure the performance of the
original technology transfer agreement after this contract come into force.
Party B’s rights and obligations under the original contract shall be assigned
to Party A since the effective date of this contract. 

Article 4. Party B shall present the following
technological materials to Party A so as to ensure Party A’s applying of the
patent: 

1. 

the schematic
diagram of the LCD TV used Electricity Power Board; 

2. 

the breadboard
of the LCD TV used Electricity Power Board; 

3. 

material list of
the LCD TV used Electricity Power Board; 

4. 

the relevant
facial structure dimension figure of the LCD TV used Electricity Power
Board; 

5. 

the testing
report and the performing index of the LCD TV used Electricity Power Board; 

6. 

the sample of
the LCD TV used Electricity Power Board; 

Article 5. The time, place and form for Party B to
present the technology materials to Party A is as below: 

1. 

time: 10 April
2007 

2. 

place: Shenzhen
Sheng Tai Industrial Co, Ltd. 

3. 

form: face to
face 

Article 6. Party B shall guarantee that his patent
application right does not infringe any third party’s rights and interests. In
case Party A was accused of infringement, Party B shall explain or modify and
taking relevant responsibilities. 

Article 7. The total amount paid to Party B by Party A
and the payment is paid as below: 

1. 

the total amount
for the patent application right transfer is: RMB 4,500,000. 

3

	
    
    Technology Transfer Agreement (Patent Application Right)

2. 

the payment will be paid by
installments: 

2.1 

RMB 500,000 will be paid in
advance on 23 April 2007 

2.2 

another RMB 3,000,000 will be
paid after the technology materials have been presented and the technology has
been proved practicable on 12 May 2007 

2.3 

another RMB 1,000,000 will be
paid on 12 May 2009 after the verification of the technology has been
industrialized. 

The full bank information of Party B is as below: 

	Name of the bank:	 
	Address:	 
	Account Number:	 

Article 8. The Parties hereby acknowledges that, after
the coming into effect of this contract, in case Party A’s patent application is
rebut by the patent authority of the State Council, Party B shall refund all the
payment unconditionally paid by Party A . 

Article 9. The confidential obligation under this contract is as below:

Party A: 

1. 

confidential
obligation (including technology information and operating information) : the
relevant technology information of such design patent and utility model patent
application and its economic turn out shall not be disclosed to any third party
other than Party B. 

2. 

the person bearing the
confidential obligation including: project technology managers, production
managers, quality managers and secretaries. 

3. 

the term of confidential: ten
years. 

4. 

liability of disclosing: in case
of disclosing, legal liabilities shall be claimed against relevant persons. 

Party B: 

1. 

confidential
obligation (including technology information and operating information) : the
relevant technology information of such design patent and utility model patent
application and its economic turn out shall not be disclosed to any third party
other than Party A. 

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    Technology Transfer Agreement (Patent Application Right)

2. 

the person bearing the
confidential obligation including: DingFeng. 

3. 

the term of confidential: ten
years. 

4. 

liability of disclosing: in case
of disclosing, legal liabilities shall be claimed against relevant persons. 

Article 10. The Parties hereby acknowledges that: 

1. 

Party A is entitled to improve
and modify the patent transferred by Party B and all material or creative
improvements made thereof shall be owned by Party A. 

2. 

Party B is
entitled to improve and modify the patent after the transfer of the patent and
all material or creative improvements made thereof shall be owned by both Party
A and Party B. The exact distribution of benefits of the above patent and its
continuous improvements is that after the industrialization of the patent, Party
B is entitled to a deduct of 2 from the sales figures. 

Article 11. The Parties hereby acknowledges that within
the term of this contract, Party A appoints Mr. Zhang Hongdong as its project
contactor, Party B appoints Ding Feng as its project contactor. The
responsibilities of a project contactor is: 

1. 

to receive, sort out and
preserve relevant technology materials; 

2. 

to keep confidential of relevant
technical materials; 

3. 

to trace the industrialization
of the design patent. 

Whenever one party changes its project contactor, he shall notify the other
party in writing as soon as possible, otherwise he shall assume relevant
responsibilities. 

Article 12. The Parties hereby acknowledges that both
parties are entitled to terminate this contract under one of the following
circumstances, which might render the contract is unnecessary or impossible to
perform: 

1. 

force majeure; 

2. 

the design patent and the
utility model paten loses is no longer practicable due the development of the
science and technology. 

Article 13. Any disputes arise from
the performance of this contract shall be resolved through negotiation and/or
mediation. If negotiation and/or mediation fails, the parties agree to resolve
the disputes through the first method here below: 

5

	
    
    Technology Transfer Agreement (Patent Application Right)

1. 

to file the disputes to the
Arbitration Commission of Shenzhen BaoAn District; 

2. 

to file the case to relevant
court. 

Article 14. This contract shall be made in duplicate,
each copy of which is of same legal effect. This contract shall come into force
upon the stamped signature of both parties. 

Party A: Shenzhen Sheng Tai Industrial Co, Ltd 

Legal Representative/ Authorized Representative: Zou Derong (stamped
signature) 

Signing Date: 10th April 2007 

Party B: Ding Feng (stamped signature) 

Legal Representative/ Authorized Representative: Ding Feng (stamped
signature) 

Signing Date: 10th April 2007 

6

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