Document:

Filed by Automated Filing Services Inc. (604) 609-0244 - Biopack Environmental Solutions Inc. - Exhibit 10.1

Agreement for Transfer of State-Owned Land Usage Right
The Parties: 

Transferor: (hereafter referred as
“Party A”) Mr. Wan Ying-hua (date of birth: 4 October, 1952)

Identification Card Number: 4407211520047339 

Address: Room 102, Block 12, Cui Shan Street, Jiangmen Country
Garden 

Transferee: Jiangmen Roots Biopack Company
Ltd. (hereafter referred as “Party B”) 

Address: No. 8, Duruan West Road, Longxi Industrial Area,
Duruan Town, Jiangmen City, Guangdong 

Legal representative: Mr. Lau Kin-chung (Gerald) 

	
      Re: 
	
      Agreement between Party A and Party B for the transfer
      of land usage right for the three pieces of land in Longxi
      Industrial Area, Duruan Town, Pengjian District, Jiangmen City
      whereby it is agreed as follows: 

I.      Conditions of
the three Lands 

Party A transfers to Party B the following three pieces of
lands: 

1. Land No. 1: The land, state-owned land use certificate No.
2104605 (2002), is located in Huangtouling, Longxi Village, Duruan Town,
Pengjian District, Jiangmen City. (For the exact location, please refer to the
drawing attached in the above-mentioned state-owned land use certificate.) Area
of the land, 46,888 m2, is for a paper products factory. The land use
right will expire after June 2052. 

2. Land No. 2: The land, state-owned land use certificate No.
2104606 (2002), is located in Shishan, Longxi Village, Duruan Town, Pengjian
District, Jiangmen City. (For the exact location, please refer to the drawing
attached in the above-mentioned state-owned land use certificate.) Area of the
land, 41,399 m2, is for a plastic products factory. The land use
right will expire after June 2052. 

3. Land No. 3: The land, state-owned land use certificate No.
2104607 (2002), is located in Shezishan, Longxi Village, Duruan Town, Pengjian
District, Jiangmen City. (For the exact location, please refer to the drawing
attached in the above-mentioned state-owned land use certificate.) Area of the
land, 44,314 m2 , is for a paper products factory. The land use right
will expire after June 2052. 

Land No. 1 was mortgaged to the Jiangmen City Branch of the
Industrial and Commercial Bank of China (hereafter referred as “ Jiangmen ICBC”)
in 2003, for a debt of RMB4,000,000 ; while Land No. 2 and 3 were mortgaged to
Duruan Rural Credit Cooperative of Jiangmen (hereafter referred as “Duruan
Credit Cooperatives”), for a debt of RMB7,800,000. The total area of the above
three pieces of land is: 132,601 m2, or 198.9 mu.

1

II. Commitment of Party A 

	1. 	
      The above land use right to the three pieces of right is
      lawful, clear, complete and could be legally transferable to Party B. All
      expenses incurred for obtaining the land use certificate including all
      land levying compensations, land selling fees and other taxes have been
      settled, except the mortgages listed in this Contract, there are no other
      debts or restrictions to the land use. There is no violation to the
      conditions specified in the “Contract of Assignment of the Right to Use
      State-Owned Land” signed with the government departments; with any effect
      to the transfer or the benefits of Party B.

	 	 
	2. 	
      The right to use of the above three pieces of land could
      be transferred to Party B at the same time, and to register the land use
      right certificate under the name of Party B. Party A shall assist in
      combining the land use right of the three pieces of land into one piece of
      land under the name of Party B. Party A has to ensure the land use
      satisfies the requirements of Party B, with the necessary construction
      requirements, and Party B could then enter the site to start the
      construction. The date of expiry of land use right shall not be earlier
      than June 2052.

	 	 
	3. 	
      Party A is responsible for land idling fees and all other
      fees with relevant responsibilities which are yet to be paid; and other
      application expenses and taxes incurred in the transfer
  process.

III. Transferring Fee 

	1. 	
      Both Parties agreed that the transferring fee for the
      land use right (including the taxes to be born by Party B) should be
      RMB108,000 per mu (1 mu equals to 666.67m2 ). The tentative
      total area is 198.9 mu with a total fee of RMB21,481,200. The exact total
      area of the land use right shall refer to the “State-Owned Land Use
      Certificate” of Party B.

	 	 
	2. 	
      Upon receipt of the payment made by Party B, Party A
      shall issue a valid receipt which is recognized by the taxation authority
      and could also be recognized as land cost. All the costs involved in the
      process shall be born by Party A.

	 	 
	3. 	
      Party B is only liable for the payment as specified in
      item C.1 above and is not liable to any other
payments.

IV. Terms and Conditions for the Land Usage
Transfer 

Both Parties agreed that the transactions concerning the three
pieces of land could be made separately according to the sequence of “Land No.
1, Land No. 2 and Land No. 3” and to combine the land use certificates
application in order to complete the transfer. 

Regarding Land No. 1 

	1. 	
      After the signing of this Contract, Party A is responsible
        for obtaining the proof of mortgage release from the mortgagee, Jiangmen
        ICBC. After that, Party B shall deposit RMB4,000,000 into the bank account
        of Party B in Duruan Credit Cooperative Jinggen Branch given that Party
        A has to refund the deposit of HK$1,000,000 received in Hong Kong. RMB3,000,000
        out of the total RMB4,000,000 deposit belongs to Party B and both Parties
        agreed that the deposit will be superintended by the Credit Cooperative,
        and to be paid to Party A when the agreed conditions are fulfilled.

      RMB1,000,000 of
the above supervised deposit shall be the Contract Deposit, payment shall be
made according to instruction of Party A to 江门市蓬江区龙森纸业有限公司 within
3 days after the refund of HK$1,000,000 by Party A.

2

 

	2.	Within 3 days after the completion of the above, both
        Parties shall send his assigned person to Jiangmen Real Estate Transaction
        Centre to submit the necessary information for the transferring of land
        use right for Land No. 1 (including duly signed standard formatted transfer
        contract). After the approval by the Bureau of Land Resources of Jiangmen
        Municipality, Jiangmen Real Estate Transaction Centre shall issue a transaction
        certificate (or transaction confirmation certificate). After receiving
        the formal transaction confirmation document, Party B shall release the
        superintended deposit of RMB3,000,000 to 江门市蓬江区华龙包装有限公司
        of Party A according to the superintending agreement.

	 	 
	3.	After Party A submits the "Land Use Certificate" of
        Land No. 1 to Party B, Party B shall pay the remaining RMB3,600,000 to
        Party A calculated according to the area specified in "Land Use Certificate".
        The amount shall pay to 江门市蓬江区华龙包装有限公司
        according to the instruction given by Party A.

Regarding Land No. 2

	1.	 After the completion of the above, Party B shall
        deposit RMB3,000,000 into the account of Party B at Duruan Credit Cooperative,
        the money shall belong to Party B and to be superintended by Duruan Credit
        Cooperative. Party A is responsible for obtaining the proof of release
        of mortgage of Land No. 2 from the mortgagee, Duruan Credit Cooperative.

	 	 
	2.	After obtaining the transaction confirmation document
        from the Jiangmen Real Estate Transaction Centre, Party B shall release
        the superintended RMB3,000,000 according to the superintended agreement.
        The payment shall be made to 江门市蓬江区华龙包装有限公司
        according to the instruction given by Party A.

	 	 
	3.	After Party A has submitted the "Permit of Right to
        Use of Land" of Land No. 2 to Party B, Party B shall pay the balance amount
        of RMB3,700,000 to Party A calculated according to the area specified
        in "Land Use Certificate", the amount shall pay to 江门市蓬江区华龙包装有限公司
        according to the instruction given by Party A.

Regarding Land No. 3

The procedures for Land No. 3 are similar to that of Land No.
  2, with a superintended amount of RMB4,000,000. The remaining amount is RMB3,180,000,
  payment to be made according to the conditions same as above.

V. Obligations 

Obligations of Party A:

	1.	 Ensure the Land can be legally assigned, bear all
        the liabilities before the transfer including debts, compensation, State-Owned
        land selling fee, idling fee, taxes, receipt and etc, and is responsible
        for the release of the mortgage.

	 	 
	2.	Responsible for the transfer procedure, provide all
        necessary information, and to complete the procedures within 90 days after
        the signing of this Contract. 

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	3. 	 Handover all three pieces of land to Party B within
        3 days after Party B made the deposit of RMB4,000,000.

	 	 
	4. 	 After the completion of transfer procedures, assists
        Party B to apply for the construction permit, coordinate with relevant
        parties nearby the site.

Obligations of Party B: 

	1. 	
      Responsible to pay the transferring fee before the date
      specified.

	 	 
	2. 	
      Provide necessary information during the transaction on
      time and provide co-operation when necessary.

	VI. 	
      If, after signing of this Contract, the transaction is
      not completed for reason not related to Party A or Party B, then Party A
      shall immediately cancel the superintended capital, the interest shall
      belong to Party B and Party A shall refund to Party B all payments made
      without delay.

VII. Breach of Contract 

If either party fails to perform any
  obligations under this Contract, and the party at fault does not remedy the
  breach within the date specified after receiving the written notice of the circumstances
  of breach from the other party, the party at fault shall be responsible for
  the liabilities due to the breach. Except the penalty according to the statutory
  rules, the party at fault shall be responsible for all losses of the other parties.
  If either party is in breach, the other party shall have the right to rescind
  the Contract or request for continuation of the Contract. If either party is
  in serious breach, the party at fault shall pay to the other party RMB 3 M for
  compensation. 

	VIII. 	This Contract consists of 4 copies, 2 for each party,
        and is valid upon signing. Both Parties can make supplement agreements
        for items which are not covered in this Contract.. This Agreement constitutes
        the entire agreement between the parties hereto and supersedes all prior
        contracts, agreements and understandings between the parties. There are
        no representations warranties, collateral agreements or conditions affecting
        this transaction other than as are expressed or referred to herein in
        writing. 

	Party A: 	 	Party B: 
	 	
       

       
	 
	 	 	 

Date: 16 Jun 2006 

4Filed by Automated Filing Services Inc. (604) 609-0244 - Biopack Environmental Solutions Inc. - Exhibit 10.2

Factory Leasing Agreement 

Party A: Chen Jin Yao (Identity card number: 440721570929731)

Party B: 江门市活思环保包装制品有限公司
(Jiangmen) Roots Biopack Company Ltd
Agreement between Party A and Party B for Party B’s leasing of
Party A’s industrial premises and dormitory located in Duruan Tingyuan
Industrial Area, Duruan Town, Pengjian District, Jiangmen City is made on the
basis of fairness, equality and mutual benefit and in accordance with the
“Contract Law of the People’s Republic of China”. Both parties are to abide by
the terms and conditions stipulated under the agreement. 

I.         
 Lease Period and Conditions of the aforesaid premises

	 	1. 	
      The lease term is 15 years commencing from the date of
      signing this Contract (i.e. from 1st March 2007 to 29 February
      2022). When the lease period expires, Party B shall have the priority to
      renew the lease.

	 	 	 
	 	2. 	
      The premises shall be handed over to Party B15 days after
      the signing of this Contract. At the time of handover, the Parties shall
      state and confirm the handover checklist as an annex of this Contract.
      Party A shall provide all inspection certificates of the premises and
      attached facilities, ensuring all facilities are in good conditions and
      fulfill general purpose of usage.

	 	 	 
	 	3. 	
      All factories (Four blocks), dormitories (three blocks),
      all first floor shops, second floor office, entrance, toilets, garage,
      storing shelter and all (open) land, substation, transformer (315kW), a
      set of kitchen stove are leased to Party B. (factory areas, garage,
      dormitory are all equipped with water, electricity, fire prevention and
      fire fighting equipment, and thunder attack prevention
  facilities).

II.          Due
Date and Payment Method of Rent and Deposit 

	 	1. 	
      Party B shall on the signing hereof deposit with Party A
      the sum of RMB100,000.00 as partial rental deposit. Party B shall further
      deposit with Party A the sum of RMB209,000.00 before 5 March 2007 as the
      balance of 3 months’ rental deposit (three months’ rental deposit equals
      to RMB309,000.00). The rental deposit shall be refunded to Party B by
      Party A without interest upon the expiration of the lease.

	 	 	 
	 	2. 	
      Monthly rent shall be RMB103,000.00. For the period from
      the first to the fifth year, monthly rent shall be RMB103,000.00 (RMB One
      Hundred and Three Thousand Only), total annual rent shall be
      RMB1,236,000.00 (RMB One Million Two Hundred and Thirty Six Thousand
      Only).

	 	 	 
	 		
      From the sixth year (1 March 2012) onward, the rent shall
      be increased by 5% every 3 years. i.e. From 1 March 2012 to 30 February
      2015, annual rent shall be RMB1,297,800.00 (RMB One Million Two Hundred
      Ninety Seven Thousand and Eight Hundred Only), monthly rent shall be
      RMB108,150.00 (RMB One Hundred Eight Thousand One Hundred and Fifty
      Only).

	 	 	 
	 		
      From 1 March 2015 to 30 February 2018, annual rent shall
      be RMB 1,362,690.00 (One Million Three Hundred Sixty Two Thousand Six
      Hundred and Ninety Only),

1

	 		
      monthly rent shall be RMB 113,557.50 (RMB One Hundred
      Thirteen Thousand Five Hundred Fifty Seven and Fifty Cents
Only).

	 	 	 
	 		
      From 1 March 2018 to 30 February 2022, annual rent shall
      be RMB1,430,824.50 (RMB One Million Four Hundred Thirty Thousand Eight
      Hundred Twenty Four and Fifty Cents Only), monthly rent shall be
      RMB119,235.80 (RMB One Hundred Nineteen Thousand Two Hundred Thirty Five
      and Eighty Cents Only).

	 	 	 
	 	3. 	
      Party B shall pay Party A the rent on or before 15th
      of each month. If Party B delays the payment of rent, in
      contradiction to this contract, for a period of 15 days or more), Party B
      shall pay monthly rate of 5% on the total overdue rent as penalty. If the
      rent is overdue for more than 60 days, Party A shall have the right to
      terminate this Contract. Tax is not included in the annual rents stated
      above and Party B shall be responsible for all tax payable).

	 	 	 
	 	4. 	
      In order to encourage investor, Party A grants a
      rent-free period of 2 months for Party B to carry out renovation. The
      rent-free period shall be from 1 March 2007 to 31 April 2007. Party B
      shall pay Party A the rent commencing from 1 May
2007.

III.        Rights and
Obligations of The Parties 

	 	1. 	
      (Party A) Shall guarantee the lawful ownership of the
      premises and dormitories as listed in Item I of this Contract. (If Party B
      suffers any loss due to the disputes on ownership of the aforesaid
      premises and dormitories, Party A shall bear full responsibilities and
      liabilities.)

	 	 	 
	 	2. 	
      Party B shall take good care of the aforesaid premises
      and facilities within the lease period. If Party B wants to construct
      additional structures on the open area or inside the factory buildings,
      Party B shall obtain the consent from Party A in advance. However, if
      renovation, alteration, addition of structures and facilities are required
      for normal production or daily life, Party A shall grant the approval to
      Party B. Party B shall indemnify the cost for repairing damages caused
      deliberately. If the lease is not renewed upon the expiration, Party B
      shall return the premises and attached facilities (all buildings including
      additional ones) within the factory areas to Party A in intact conditions
      (fair wear and tear excepted).

	 	 	 
	 	3. 	
      Party A shall be responsible for connecting the water and
      electricity of the premises and dormitory to the respective municipal
      network . Party B shall be responsible for the charges on water and
      electricity usage during lease period.

	 	 	 
	 	4. 	
      Throughout the lease period, Party A shall be responsible
      for repair and maintenance of the main structure of the leased premises,
      dormitories and infrastructure facilities. Party B shall be responsible
      for keeping, repairing, maintaining and managing the non-structural parts
      of the leased premises, dormitory and ancillary facilities regularly at
      the expense of Party B.

	 	 	 
	 	5. 	
      Throughout the lease period, Party B shall be entitled to
      using the premises and dormitories, but Party A shall be the owner. In any
      circumstances, the movable facilities invested by Party B shall be owned
      by Party B.

	 	 	 
	 	6. 	
      Party A shall mainly be responsible for leasing of the
      factory, facilities and land. Party A shall not be liable for any debt,
      safety incidents, civil disputes related to Party
B.

2

	 	7. 	
      Party B shall be responsible for the sewage fee, security
      fee, hygiene fee, garbage fee, cleaning fee, factory and land tax in the
      course of business operation.

	 	 	 
	 	8. 	
      Throughout the lease period, Party B shall educate their
      staff to observe local rules on birth planning, hygiene, public security,
      safe production, and cooperate with local government and its executive
      departments on birth planning.

	 	 	 
	 	9. 	
      If Party B intends to sublet the premises and dormitories
      after leasing, he shall seek written consent from Party A and subject to
      not violating the principle of this Contract. Otherwise, all
      responsibilities shall be born by Party B. The consequence of subletting
      shall not relate to Party A, Party B shall remain liable to Party A under
      this Contract.

	 	 	 
	 	10. 	
      If Party B shall be desirous of renewing the lease of the
      factory on expiration of the term hereby created, Party B shall 90 days
      prior to the expiration of the present term give to Party A notice in
      writing of such intention. If Party B does not intend to renew, Party B
      shall notify Party A 90 days prior to the expiration of the present term
      and shall remove all machineries owned by Party B within 30 days after the
      expiration of the present term. The water and electricity facilities
      installed by Party B shall be owned by Party A.

	 	 	 
	 	11. 	
      During the lease period, withdrawal of Party B due to
      business operation or of his own accord shall be deemed as breach of this
      Contract (except due to government action). In this event, the 3 months’
      rental deposit shall not be refunded by Party A. This Contract shall be
      terminated immediately.

	 	 	 
	 	12. 	
      During the lease period, when inevitable natural
      disaster, factors concerning the Government, or social factors cause Party
      B not to be able to continue the production, this Contract shall be
      terminated through mutual agreement of the Parties, rent shall be
      calculated according to actual days of occupancy. The Parties shall not be
      responsible for anything.

	 	 	 
	 	13. 	
      Prior to the expiration of the lease period, the
      compensation payment given to Party A due to collection of properties by
      the government, shall belong to Party A and the compensation payment given
      to Party B shall belong Party B. No party shall interfere.

	 	 	 
	 	14. 	
      Throughout the lease period, if Party A wants to sell the
      premises leased to Party B, Party A is required to inform Party B 90 days
      in advance, Party B shall have the priority to purchase on the same terms.
      Transferal (including grant, succession) of the premises by Party A shall
      not affect the validity of this Contract, transferee of the premises (new
      owner) shall continue to perform this Contract with Party
  B.

	IV. 	
      The Parties agree, upon signing of this Contract, that
      Party B deposit with Party A the sum of RMB100,000 as rental deposit.
      Party A agrees to obtain consent from Mortgagor regarding this lease
      arrangement in this Contract. After that (submit the certificate of
      agreement on the lease from Jiangmen Duruan Credit Cooperatives), Party B
      shall appoint lawyer to carry out land search of the premises within 10
      days (Party A shall provide necessary cooperation). If the land search
      proves that Party A have the ownership of the premises and lawfully able
      to lease the premises to Party B, then the Parties shall continue to
      perform this Contract. Otherwise, Party A shall return Party B the paid
      deposit, rescind the Contract and the Parties shall not perform under the
      Contract.

	 	 
	V. 	
      Dispute Resolution

3

	 	1. 	
      When any disputes arise out of the performance or the
      interpretation of this Contract, the Parties shall resolved by mutual
      agreement .If the Parties fail to agree, any party may submit the matter
      to the People’s Court where this Contract is signed or to the People’s
      Court where the Parties are located.

	 	 	 
	 	2. 	
      During the time of disputes, the Parties shall continue
      to perform under the conditions (except the issues in dispute) of this
      Contract.

	 	 	 
	 	3. 	
      The Parties may supplement this Contract by agreement on
      any items which are not covered by this Contract. The supplementary
      agreement shall have the same legal effect as this Contract.

	 	 	 
	 	4. 	
      This Contract shall be effective upon signing by the
      Parties.

	 	 	 
	 	5. 	
      2 copies of this contract were made. Each party retains 1
      copy.

 

 

	Party A: 	Party B: 
	Legal representative: 	Legal representative: 
	Representative: 	Representative: 
	  	  
	Date: 1 March 2007 	Date: 1 March 2007 

4

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