Document:

EXHIBIT
      4.20

     

    Rental
      Contract

    

    
      	
              Lessor:
                

            	
              Ping
                Hu City Xin Nan Li Yuan Xia Economic Corporation (Party
                A)

            
	
              Lesser:

            	
              Mr.
                Wong Wai Chung (Party B)

            

    

    

    Party
      A
      and Party B made the mutual agreement as stated below:

    

    
      	
              1.

            	
              Party
                A shall rent to Party B the factory with area of 3,100 square meters
                and
                dormitory with area of 1,600 square meters in addition of 420 square
                meters flat building, total area of 5,120 square meters, located
                in
                Building C4, Feng Huang Industrial Zone, Ping Hu, China. Payment
                Term:
                RMB9.5 per square meter and total RMB48,640 per
                month.

            

    

    
      	
              2.

            	
              The
                rental period is ten years from 1st
                April 2004 to 31st
                March 2014.

            

    

    
      	
              3.

            	
              Monthly
                rental fee due on the fifth day of each month and must pay in full
                amount.
                If rental fee is overdue, Party A resumes the right to charge 20%
                of
                rental fee overdue as the penalty.

            

    

    
      	
              4.

            	
              One
                month deposit and one month rental fee, total of RMB48,640, shall
                be paid
                in advance when the contract signed. When the contract expiry, Party
                A
                shall refund the deposit to Party B. If Party B breach the contract
                or
                terminate the contract before expiry, Party A shall forfeit the
                deposit.

            

    

    
      	
              5.

            	
              Decoration
                period is one month and Party A shall provide water and electricity
                supply
                and be responsible for the wall and infrastructure
                building.

            

    

    
      	
              6.

            	
              Party
                A shall be responsible for initial installation of 315 thousand volt
                transformers to Party B. Party B shall bear all the extra cost of
                installation if needed during the contractual period. Party B shall
                be
                responsible for the installation of water and electricity supply
                in the
                dormitory.

            

    

    
      	
              7.

            	
              Rental
                fee is not included the utilities charges. Party B shall be responsible
                for all the fee included tax, water and electricity charges and property
                tax expenses.

            

    

    
      	
              8.

            	
              The
                rental property is for the usage by Party B exclusively. Without
                the
                permission from Party A, Party B shall not sublet the rental property
                to
                the third party. Otherwise, Party A resumes the right to terminate
                the
                rental contract and forfeit the
                deposit.

            

    

    
      	
              9.

            	
              Party
                B shall terminate the rental contract with three month notice and
                Party B
                shall compensate one-month rental fee to Party A if Party B terminates
                the
                contract before expiry.

            

    

    
      	
              10.

            	
              Party
                B is allowed to reconstruct any building of factory under safety
                rule of
                fire-prevention and the main construction shall not tear down without
                the
                permission from Party A. Party B shall be responsible for all repairing
                fee due to fire during the rental
                period.

            

    

    
      	
              11.

            	
              During
                the rental period, Party B shall comply with the Law of PRC and the
                regulation imposed by the Provincial Government. Party B shall bear
                all
                the responsibility for breaching the law and regulation. Party B
                shall pay
                to Party A for the property damage if the property owned by Party
                A during
                the rental period.

            

    

    
      	
              12.

            	
              Party
                B shall have priority to rent the location after expiry of the contract
                and the rental fee is subject to mutual
                agreement.

            

    

    
      	
              13.

            	
              This
                contract is made in three copies and each party shall hold one copy.
                This
                contract will be effective from the date of the two parties
                signed.

            

    

    

    
      	
              Party
                A: signed

            	
              Party
                B: signed

            

    

    

    Date:
      23rd
      February, 2004EXHIBIT
      4.22

    

    City
      Gao Xin
      District Dormitory Facilities Lease Contract

    

    
      	
              Party
                A (Lessor)

            	 :	
              He
                Yuan City Advanced Technological Development District Co.
                Ltd.

            
	
              Address

            	 :	
              He
                Yuan City, Advanced Technological Development Office

            
	 	 	 
	
              Party
                B (Tenant)

            	 :	
              Hi-Lite
                Camera Co Ltd

            

    

    

    According
      to <The Contract Law of PRC> and other interrelated laws, rules, both
      parties must sign this contract based on equality, free will and
      compromise.

    

    Clause
      1 : Basic Condition of Building

     

    Party
      A’s
      building (hereunder called “The Building”) lies in HeYuan City Advanced
      Technological
      Development District, No. 4 Road, No. 7 Building, Block D (28 rooms); Gross
      area
      is 1,008 sq.m.

    

    Clause
      2 : Use of Building

     

    The
      Building is used as Dormitory by Party B. Except agreed by Party A, Party B
      cannot change the use of the Building, or transfer, or lend to
      others.

    

    Clause
      3 : Period of Lease

    

    The
      period of lease is from 1st
      July
      2008
      to
31st
      May
      2009,
      totally
      ten months.

    

    Clause
      4 : Rental Fee

    

    The
      monthly rental fee is calculated according to the gross area at RMB8.00
      per
      sq.m. The monthly rental is RMB8,064.00 (included tax).

    

    Clause
      5 : Management Fee Within the Area

     

    The
      management fee is calculated based on the rental area of the dormitory at
      RMB1.00 per sq.m. per month. The monthly management fee is RMB1,008. The use
      of
      management fee includes : the garbage cleaning within the industrial area,
      the
      cleaning service for the public area, the green environmental maintenance fee
      and the maintenance of public facilities. 

    

    Clause
      6 : Payment Term

    

    
      	1.	
              When
                the Contract is in effective, Party B has to pay three month’s rental fee,
                total of RMB23,179.95 as deposit. Party B is required to pay the
                monthly
                rental fee RMB8,064.00 Party A on or before 20th
                of
                each month and monthly management fee to He Yuen City Wang Yuen Property
                Co on or before 20th
                of
                each month.

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Clause
      7 : Responsibilities of Both Parties

    

    
      	1.	
              Party
                A:

            

    

    

    
      	 	
              1.1

            	
              Party
                A is responsible for the installation of electricity and water
                supply.

            

    

    

    
      	 	
              1.2

            	
              For
                any problem encounter during the rental period, when Party B needs
                assistance from Party A, Party A should fully cooperate and try the
                greatest effort to solve problems.

            

    

    

    
      	 	
              1.3

            	
              Upon
                the expiry of the Contract, Party A should give Party B a preferential
                lease right on renewal. If Party B does not intend to renew, both
                parties
                should sign an agreement on the cancellation of the Contract, Party
                B
                should return the ‘Building’, then Party A will stop calculating the
                rental fee, and refund all deposits to Party B within 3
                days.

            

    

    

    
      	2.	
              Party
                B:

            

    

    

    
      	 	
              1.1

            	
              In
                the process of living, Party B must obey the national law, rules,
                and the
                related government rules within the district area. With any offences,
                Party B has to be responsible for all consequences. Party A will
                not bear
                any legal responsibilities.

            

    

    

    
      	 	
              1.2

            	
              Party
                B is required to pay the electricity and water expenses according
                to
                actual readings from
                meter. Party B should pay all electricity and water expenses either
                directly to all related
                departments or through the management department of Party
                A.

            

      	 	 	 

    

    
    

    
      	 	
              1.3

            	
              Party
                B is required to follow the existing state to use the Building. For
                any
                alterations or increase on the occupation of area, Party B has to
                get
                approval from Party A. Meanwhile, Party B should maintain the existing
                condition of the premises unchanged and return as an original state
                to
                Party A at the expiration date of the Contract. If any additional
                or
                extension of construction works, Party B has to return to Party A
                without
                of any compensation. When Party B needs to alter or demolish any
                parts, it
                must follow the related safety standard and regulations set by Government
                rules.

            

    

    

    Clause
      8 : Early Termination of Contract 

    

    
      	1.	
              Under
                any following of the conditions, Party B may exercise a right to
                terminate
                the Contract early before the expiration date, without compensation
                on any
                economic loss caused to Party A, but is required to inform Party
                A three
                months in advance.

            

    

    

    
      	 	
              (1)

            	
              Stoppage
                of operation caused by The Customs and Inspection Departments
                etc.

            

    

    
      	 	
              (2)

            	
              Any
                force majeure caused Party B cannot continue
                production.

            

    

    

    

    
      	2.	
              When
                Party B has any following of the conditions, Party A may exercise
                a right
                to terminate the Contract early before the expiration date. Party
                B is
                required to compensate any economic loss caused to Party
                A.

            

    

     

    
      	 	(1) 	Unable to pay the rental fee of
              building
              for 3 months;

      	 	
              (2)

            	
              Perform
                any illegal activities within the building
                area;

            

    

    
      	 	
              (3)

            	
              Damage
                the leased building purposely;

            

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    Clause
      9 : Other Conditions

    

    
      	
            	9.1	
              If
                any condition is not completely covered in this Contract, any
                supplementary contract signed under
                mutual agreement will be considered as equal legal
                binding.

            

    

    
      	
            	9.2	
              There
                are 2 copies of this Contract. Party A and Party B will individually
                keep
                1 set and all have
                equal legal binding. This Contract will be effective after
                signature.

            

    

    

    
      	
              Party
                A (with stamp) :

            	
              Party
                B (with stamp) :

            
	 	 
	 	 
	
              Authorized
                Representative (signature) :

            	
              Authorized
                Representative (signature) :

            

    

    

    Date:
      18th
      June
      2008

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00144-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00144-of-00352.parquet"}]]