Document:

Labor
      Contract

    

    Changxing
      Chisen Electric Co., Ltd. (hereinafter referred to as "Party A") 

    

    Address:
      Jingyi Road, Economic Development Zone, Changxing, Zhejiang

    

    Name
      of
      Employee:__________         Gender:         Date
      of Birth:         Nationality:

    (hereinafter
      referred to as "Party B")

    

    
      	
              Education
                Degree:

            	
              ID
                Card Number:

            	
              Address:

            	 

    

    

    Hereby
      execute this Contract in accordance with the applicable provisions of “The Labor
      Law of the People’s Republic of China” and other laws and regulations on the
      basis of equality and consensus.

    

    1、Term
      of
      Contract and Probation Period

     

    The
      term
      of this Contract shall be ,commencing on dd mm yy and ending on dd mm yy during
      this: there shall be probation period of___ years ___ months, from dd mm yy
      to
      dd mm yy.

    

    2、Job
      Description:

     

    Party
      B
      shall hold the position of ________(job title) in ________Department, located
      in
      ________(office location and city).

    

    3、Labor
      Safety & Working Conditions

     

    Party
      A
      should provide Party B with occupational safety and health conditions conforming
      to the provisions of the State and necessary articles of labor protection to
      guarantee the safety and health during the working process. Party B should
      strictly abide by the safety operation specification.

    

    4、Working
      Hours & Rest & Vocation

     

    In
      accordance with the laws and regulations of the PRC and the company’s work
      rules.

    

    5、Remuneration
      

     

    The
      annual pay of Party B
      is              ,
      which should be paid by month.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    6、 Labour
      Discipline

     

    Part
      B
      shall comply with the management directions of Part A and obey the bylaws and
      labor disciplines of Part A.

    

    7、Termination,
      Modification, Renew and Discharge of the Contract 

    

    a.The
      relevant clauses of the Contract may be modified by the parties through
      consultation.

     

    i.
      The
      circumstances have materially changed from the date this Contract was signed
      to
      the extent that it is impossible to execute the Contract provided. 

    

    ii.Part
      B
      does not meet the job requirements.

    

    b.Party
      A
      may terminate this Labor Contract at any time upon the occurrence of any one
      of
      the following circumstances on Party B’s part:

    

    i.Part
      B
      does not meet the job requirements during the probationary
      period; 

    

    ii.Part
      B
      provided the false certificate or labor relations document.

    

    iii.Part
      B
      seriously violates disciplines or bylaws of Part A;

    

    iv.Part
      B
      seriously neglects his duty, engages in malpractice for selfish ends and brings
      significant loss to Part A;

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    v.Party
      B
      is held criminally liable in accordance with law or is being punished by
      physical labor.

    

    c.Party
      A
      may terminate this Labor Contract at any time upon the occurrence of any one
      of
      the following circumstances:

    

    i.Part
      B
      fails ill or is injured to (other than due to work) and after completion of
      medical treatment, is not able to perform his previous function or any other
      function Part A assigns to him;ii.Part
      B
      does not show satisfactory performance and after training and adjusting measures
      is still not able to perform satisfactorily;

     

    iii.Part
      B is
      not able to perform his previous function, however, that the parties cannot
      reach an agreement by amending the contract.

    

    iv.The
      circumstances have materially changed from the date this Contract was signed
      to
      the extent that it is impossible to execute the Contract provided, however,
      that
      the parties cannot reach an agreement to amend the contract to reflect the
      changed circumstances.

    

    d.Part
      B
      shall not be dismissed upon the occurrence of any one of the following
      circumstances:

    

    i.Part
      B is
      ill with occupational disease or injured due to work and has been authenticated
      fully or partly disabled by the Labour Authentication Commission

    

    ii.Part
      B is
      woman who is pregnant, on maternity leave, or nursing a baby.

    

    iii.Part
      B is
      ill or injured (other than due to work) and is within the period of medical
      leave provided for by applicable PRC law and regulations and Company
      policy;iv.The
      cumulative number of years of Party B’s work exceeds 15 years, and is less than
      5 years from Party B’s statutory retiring age.

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    

    v.Other
      circumstances specified by laws and regulations.

    

    e.Part
      B
      may inform Part A to discharge the Contract at random under the following
      occasions:

    

    i.Part
      B is
      still in the probationary period;

    

    ii.Part
      A
      force Part B to work by violence, duress or illegal restriction to physical
      freedom.

    

    iii.
      Part A
      violates the relevant regulations of State for its terrible safe and health
      condition, which is harmful to Part B’s health.

    

    f.
      Other
      than the circumstance mentioned above, the contract can be discharged through
      consultation by the parties.

     

    
      	g.	
              When
                the term of contract expires or the termination condition happens,
                the
                contract terminates. 
                When the labor relationship is terminated, Party B should hand over
                the
                job to the successor.

            

    

    

    8、.Social
      Security 

     

    During
      the period of the Contract, Part B’s social security fees will be deducted in
      the payment by Part A. 

    

    9、Breach
      Liabilities

     

    a.
      Due
      to
      either party’s fault, if breaching the Contract, that party shall undertake the
      breach liability according to the extent to the performance of the Contract;
      if
      the parties both breach the Contract, they shall undertake its separate
      liability according to the concrete situation.

    

    b.
      Due
      to
      the force majeure, causing the non-performance or the damages to either party,
      the other party may not undertake the breach liability; 

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    c.
      Due
      to
      either party’s fault, if breaching the Contract damaged the other party. The
      damage should be compensated by the faulty party accordance with the relevant
      laws and regulations of PRC.

    

    10、Part
      B
      wants to resign and has received training provided by Part A, Part B shall
      compensate for the training cost.

    

    11、Part
      B
      should strictly abide by the policies
      on confidentiality of the company, if violated, Part
      B
      should pay the penalty for RMB10,000.

    

    12、Parties
      should strictly abide by the contract after it takes into effect.

    

    13、Where
      a
      labor dispute between the parties takes place during the performance of this
      Contract, the parties concerned may seek for a settlement through consultation;
      or either party may apply to the labor dispute mediation committee of their
      unit
      for mediation; if the mediation fails and one of the parties requests for
      arbitration, that party may apply to the labor dispute arbitration committee
      for
      arbitration. If one of the parties is not satisfied with the adjudication of
      arbitration, the party may bring the case to a people’s court.

    

    14、This
      Contract shall be in duplicate copies, with one copy for each of the
      parties.

    

    
      	
              Party
                A (seal)

            	
              Party
                B' signature: 

            
	 	 	 
	 	
              Date:        

            	
              dd
                mm yy

            

    

     

    
      
        
        

      

      
        5Lease
      Agreement

    

    Lessor
      (hereinafter referred to as Party A): Changxing Xiangyi Industrial Park
      Investment Co., Ltd.

    Lessee
      (hereinafter referred to as Party B): Changxing Chisen Electric Co.,
      Ltd.

     

    Party
      A
      agrees to lease to Party B the premise, Xiangyi
      Industrial Park, around 56,600 square meters which
      is
      located at Jing’er Road, Economic Development Zone, Changxing for the purpose of
production
      of battery.
      Both
      Parties agree to enter into this Agreement on the following terms and
      conditions:

     

    Article
      1 Lease Term Rent and Payment

     

    1.
      Duration: 5 years, from
      March 30th,
      2008
      to March 29th,
      2013

     

    2.
      The
      rent is RMB 4,760,000
      yuan.
      Party
      A
      shall
      bear the rental income tax.

     

    3.
      Payment shall be paid annually before March 30 each year. In case of over-due
      payment, Party B shall pay
      5
      percent of
      the
      rental as overdue fine every day.

    

    Article
      2 Rights and Obligations of Party A

     

    
      	1.	
              Party
                A is entitled to cancel the Agreement unilaterally and cannot indemnify
                Party B against damage at any of the following
                conditions:

            

    

     

    
      	 	
              (1)

            	
              Party
                B fails to pay the rental in accordance with the
                Agreement;

            

    

    
      	 	
              (2)

            	
              Party
                B transfer the lease of the promise or uses the promise for other
                purpose
                without prior approval of Party A;

            

    

    
      	 	
              (3)

            	
              Party
                B fails to pay the cost of utilities in
                time;

            

    

    
      	 	
              (4)

            	
              Party
                B is engaged in illegal operation
                or business contrary to public morality, or the lease of the promise
                is
                prohibited by government;

            

    

    
      	 	
              (5)

            	
              Party
                B violates related Regulation on Realty Management.

            

    

     

    
      	2.	
              During
                the lease term, if Party B needs to decorate or rebuild the workshop,
                it
                shall submit the design scheme to Party A and related governmental
                department for approval. Party B shall bear the expense for decoration
                or
                rebuild. If the design scheme may have impact on the main structure
                of the
                workshop, it needs the written approval from Party A and the origin
                designer.

            

    

    
      	3.	
              Upon
                the expiration or termination of the lease term, Party B shall take
                away
                all removable facilities which Party B has purchased; however, Party
                A
                will provide no compensation or sell the facilities at a discount
                rate. In
                case of any damage to the surface of the inner room during the remove,
                Party B shall repair and return the promise as it
                were.

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	4.	
              If
                Party B needs to use the water meter or power meter of Party A, it
                shall
                pay to Party A deposit of 50,000
                yuan(Party
                A issues receipt to Party B). Party B shall pay the cost for utilities
                in
                time. Upon the expiration or termination of the Agreement, Party
                A shall
                refund the deposit if Party B clears off the cost for utilities and
                keeps
                water or electricity in good conditions for normal
                use.

            

    

    
      	5.	
              During
                the lease term, in case of urban relocation, the Agreement shall
                terminate
                automatically. Party A will have 40%
                and Party B will have 60%
                of
                the compensation for the inner decoration ( if
                any).

            

    

    
      	6.	
              Upon
                the expiration or termination of the Agreement, Party B shall remove
                all
                its belongings within
                30 days
                after the expiry date and return to Party A the promise as it were.
                

            

    

    
      	7.	
              Party
                A shall be responsible for the timely check on the workshop and attached
                facilities and shall bear normal maintenance fee (except for the
                damage
                caused by Party B’s fault). Neither party shall be liable for the damage
                to the workshop or attached facilities caused by a Force Majeure
                event.

            

    

    
      	8.	
              Party
                A provide to Party B fire protection facility at current status.
                Party B
                shall bear the responsibility for any
                change.

            

    

    
      	9.	
              Party
                A provides to Party B dynamo-electricity of 6000
                kilowatt for
                production use. If Party B needs power supply increment, Party B
                shall be
                responsible for the application and the
                expense.

            

    

    

    Article
      3 Rights and Obligations of Party B

    
      	1.	
              During
                the lease term, Party B may not change the business scope or transfer
                the
                lease of the promise to any third party unless with Party A’s approval and
                a new supplemental agreement.

            

    

    
      	2.	
              During
                the lease term, if Party A needs use the workshop or lease to other,
                Party
                A shall compensate Party B for the decoration expense which shall
                be
                calculated in depreciation based on original
                value.

            

    

    
      	3.	
              If
                Party requires canceling the Agreement due to operational difficulty,
                it
                shall notify Party A two months in advance and the present inner
                and
                out-door decoration to Party A for
                free.

            

    

    
      	4.	
              Within
                one month before the contract expires, Party B will notify Party
                A if it
                cooperate well with Party A and intends to extend the leasehold.
                Under the
                same terms, Party B has the priority to lease the
                premises.

            

    

    
      	5.	
              During
                the lease term, Party B shall be responsible for the damage to Party
                A and
                promise in neighborhood due to Party B’s
                fault.

            

    

    
      	6.	
              Party
                B shall be responsible for its credits and debts, and Party A shall
                not
                take any responsibility.

            

    

    
      	7.	
              Party
                B shall comply with the Regulation on Realty Management.(Annex:
                Regulation
                on Realty Management
                of Xiangyi Industrial Park)

            

    

    
      	8.	
              During
                the lease term, Party B shall operate the business legally complying
                with
                the state laws and local regulations on comprehensive management
                and urban
                management, and pay the taxation and fees in
                time.

            

    

    

    Article
      4 Breach Liability

    1.
      If
      Party B violates the Provision 4 in Article 2, Party B shall pay compensation
      of
      100,000 yuan to Party A. 

    2.
      If
      Party B violates the Provision 6 in Article 2, Party B shall pay compensation
      of
      10,000 yuan to Party A for each delayed day when it returns the premises; Party
      B shall pay compensation of 100,000 yuan if it suspends the Agreement.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    3.
      If
      Party B violates the Provision 1 in Article 3, Party B shall pay compensation
      of
      100,000 yuan to Party A.

    4.
      If
      Party B violates the Provision 2 in Article 3, Party B shall pay compensation
      of
      100,000 yuan to Party A.

    5.
      If
      Party B violates the Provision 7 in Article 3, Party B shall pay compensation
      of
      100,000 yuan to Party A.

    

    Article
      5 Others

    
      	1.	
              When
                the Agreement is signed, data of the water meter and electricity
                meter
                shall be kept in record.

            

    

    
      	2.	
              Any
                unsettled matters shall be solved by
                negotiation.

            

    

    
      	3.	
              The
                Agreement is made in quadruple with each party holding two originals.
                It
                shall come into effect with signature after Party B pays the
                rental.

            

    

    

    Party
      A:
      Changxing Xiangyi Industrial Park Investment Co., Ltd.(seal)

    Representative
      of Party A (signature) /s/ Authorized Representative 

    

    Party
      B:
      Changxing Chisen Electric Co., Ltd. (seal)

    Representative
      of Party B (signature) /s/ Authorized Representative

    

    Date:
      March 30, 2008

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