Document:

PROPOSED
FINANCING

      

       

      
        OF

      

       

      
        GC
CHINA TURBINE CORP.

      

       

      By
reading the information contained within this document, the recipient agrees
with GC China Turbine Corp. (the "Company") to maintain in confidence such
information, together with any other non-public information regarding the
Company obtained from the Company or its agents during the course of the
proposed financing.  The Company has caused these materials to be
delivered to you in reliance upon such agreement and upon Rules promulgated
under Regulation FD by the Securities and Exchange Commission.

       

      THESE
SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED
(THE "SECURITIES ACT"), OR ANY STATE SECURITIES LAWS AND MAY NOT BE SOLD,
OFFERED TO SALE, TRANSFERRED, PLEDGED, HYPOTHECATED OR OTHERWISE ASSIGNED EXCEPT
PURSUANT TO (i) A REGISTRATION STATEMENT RELATING TO THE SECURITIES WHICH IS
EFFECTIVE UNDER THE SECURITIES ACT, (ii) RULE 144 PROMULGATED UNDER THE
SECURITIES ACT OR (iii) AN OPINION OF COUNSEL OR OTHER EVIDENCE SATISFACTORY TO
THE COMPANY AND ITS COUNSEL THAT AN EXEMPTION FROM THE REGISTRATION REQUIRMENTS
OF THE SECURITIES ACT OR ANY APPLICABLE STATE LAWS IS AVAILABLE.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      
        CONFIDENTIAL

      

       

      SUMMARY
OF OFFERING

       

      This
Confidential Summary of Offering is not intended to be contractually binding,
other than the section entitled “Confidential Information” and is subject in all
respects (other than with respect to such section) to the execution of the
Securities Purchase Agreement.

       

      
        
          
            
              
                	
                        Issuer:

                      	 
      	
                        GC
      China Turbine Corp., a Nevada corporation (the
  “Company”).

                      
	 	 	 
	
                        Securities
      Offered:

                      	 
      	
                        Up
      to 6,400,000 shares of common stock, par value $0.001 per share of the
      Company (the “Shares”), subject to adjustment by the Company (the
      “Offering”).  Moreover, the Company will issue warrants to each
      investor in an amount equal to ten percent (10%) of the number of shares
      of common stock that the Investor purchased, for a total of 640,000
      warrants (the “Warrants”).

                         

                        Each
      Warrant will have an exercise price of $1.00 per share and may be
      exercisable anytime within 3 years of the date of issuance.

                         

                        The
      Offering, subject to authorization from the Board of Directors of the
      Company, will be completed on a best efforts basis and subject to
      adjustment by the Company.

                      
	 	 	 
	
                        Purchase
      Price:

                      	 
      	
                        $1.25
      per share of common stock.

                      
	 	 	 
	
                        Closing
      Date:

                      	 
      	
                        The
      Company and the Investor shall execute a Securities Purchase Agreement in
      substantially the form set forth herein.  The closing of the
      Offering shall occur as subscription and proceeds are received, and
      certificates representing the Shares shall be issued to the Investor and
      funds paid to the Company (the “Closing Date”).  The Closing is
      subject to approval by the Board of Directors of the
    Company.

                      
	 	 	 
	
                        Make
      Good Shares:

                      	 
      	
                        If
      the After-Tax Net Income for the fiscal year ended December 31, 2010
      reported in the Company's Annual Report on Form 10-K for the fiscal year
      ending December 31, 2010 (the “2010 Actual ATNI”), as filed with the
      Securities Exchange Commission (the “2010 Annual Report”) is less than
      $12,500,000 (the “2010 Guaranteed ATNI”), Golden Wind Holdings Limited (on
      behalf of Company management) will transfer to each Investor on a pro rata
      basis (based upon such Investor's investment amount relative to the
      aggregate investment amount of all Investors) for no additional
      consideration, a number of shares of Common Stock equal to: [($12,500,000
      - the actual After-Tax Net Income reported in the 2010 Annual
      Report)/$2,500,000] * 640,000 shares (the “2010 Make Good Shares”),
      provided, that the number of 2010 Make Good Shares shall in no event
      exceed 640,000 shares.

                         

                        At
      the Closing, Company Management will deposit 640,000 shares on a prorata
      basis to an escrow agent. If the Company's audited consolidated financial
      statements for the fiscal year ended December 31, 2010 specify that the
      2010 Guaranteed ATNI shall have been achieved, no transfer of the 640,000
      shares shall be made to the Investors and all 640,000 shares deposited
      with the escrow agent shall immediately be returned to Golden Wind
      Holdings
Limited.

                      

              

            

          

        

      

      
        
           

        

        
          i

          
            

          

        

        
           

        

      

      

      
        
          
            
              
                
                  
                    
                      
                        	
                                Make
      Good Warrant Adjustment:

                              	 
      	
                                If
      the 2010 Actual ATNI is less than the 2010 Guaranteed ATNI, the Company
      will reduce the exercise price of each Warrant issued to each Investor by
      an amount equal to: [($12,500,000 - the actual After-Tax Net Income
      reported in the 2010 Annual Report)/$2,500,000] * $1.00 per share (the
      “Adjusted Exercise Price”), provided, that if the Adjusted Exercise Price
      is negative, the Adjusted Exercise Price will be deemed to equal $0.001
      per share.

                              
	 	 	 
	
                                Investor
      Qualifications:

                              	 
      	
                                The
      Investor must be an “accredited investor” as defined in Regulation D of
      the Securities Act of 1933, as amended (the “Securities Act”), and must
      represent and warrant to the Company that it is acquiring the Shares for
      investment with no present intention of distributing any of the
      Shares.  The Securities Purchase Agreement contains other
      appropriate representations and warranties of the Investor to the
      Company.

                              
	 	 	 
	
                                Securities
      Certificates:

                              	 
      	
                                Certificates
      evidencing the Shares which are delivered to the Investor within seven
      days of the closing and will bear a restrictive legend stating that such
      securities have been sold pursuant to the Securities Purchase Agreement
      and that the shares may not be resold except as permitted under the
      Securities Act pursuant to a Registration Statement that has been declared
      effective or an exemption therefrom, and may be resold subject to certain
      limitations and procedures agreed to in the Securities Purchase
      Agreement.

                              
	 	 	 
	
                                Indemnification:

                              	 
      	
                                By
      executing the Securities Purchase Agreement, the Investor will agree to
      indemnify the Company against certain liabilities.

                              
	 	 	 
	
                                Risk
      Factors:

                              	 
      	
                                The
      securities offered hereby involve a high degree of risk.  The
      Investor must read the disclosure relating to the risks affecting the
      Company as set forth in the attached Private Placement Memorandum, in
      addition to, documents filed by the Company with the SEC under the
      Securities Exchange Act of 1934, as amended.

                              
	 	 	 
	
                                Use
      of Proceeds:

                              	 
      	
                                For
      general corporate purposes, including working capital.

                              
	 	 	 
	
                                OTC
      Bulletin Board Symbol:

                              	 
      	
                                GCHT

                              
	 	 	 
	
                                Dividend
      Policy:

                              	 
      	
                                The
      Company has never declared or paid any cash dividends on its shares of
      common stock and does not intend to pay cash dividends on its shares of
      common stock in the foreseeable future. The Company intends to retain
      earnings for reinvestment in its business.

                              
	 	 	 
	
                                Confidential
      Information:

                              	 
      	
                                The
      recipient of this Confidential Summary of Terms and Conditions and the
      materials attached hereto agrees with the Company to maintain in
      confidence this disclosed information, together with any other non-public
      information regarding the Company obtained from the Company, or its agents
      during the course of the proposed Offering.  The Company has
      caused these materials to be delivered to you in reliance upon such
      agreement and upon Rules promulgated by the SEC pursuant to Regulation
      FD.

                              

                      

                    

                  

                

              

            

          

        

      

      
        
           

        

        
          ii

          
            

          

        

        
           

        

      

      

      
        
          	
                  Transfer
      Agent:

                	 
      	
                  Holladay
      Stock Transfer, Inc., 2939 North 67th Place, Scottsdale, Arizona, 85251,
      tel. (480) 481-3940.

                
	 	 	 
	
                  Introduction
      Fee:

                	 
      	
                  The
      Company has engaged placement agents and others (collectively, as the
      "Introducers") to provide advice and introduce or refer investors to the
      Company.  Subject to the approval of the Company's Board of
      Directors, the Introducers will collectively receive from the Company the
      aggregate of $700,000 in cash fees based on the gross proceeds from the
      sale of the Shares and 560,000 common stock warrants (the "Introduction
      Fee").

                

        

      

      
        
           

        

        
          iii

          
            

          

        

        
           

        

      

      INSTRUCTION
SHEET FOR INVESTOR

      

      (to be
read in conjunction with the entire Securities Purchase Agreement)

      

      
        	
                A.

              	
                Complete
      the following items in the Securities Purchase
  Agreement:

              

      

       

      1.           Provide
the information regarding the Investor requested on the Signature Page to the
Securities Purchase Agreement.  Please submit a separate Securities
Purchase Agreement for each
individual fund/entity that will hold the Shares.  The
Securities Purchase Agreement must be executed by an individual authorized to
bind the Investor.

      

      2.           Return
the signed Securities Purchase Agreement by fax and send the original signed
Securities Purchase Agreement by overnight mail to:

      

      
        
          
            
              	
                      Weintraub
      Genshlea Chediak

                    
	
                      400
      Capitol Mall, 11th
      Floor

                      Sacramento,
      CA  95814

                    
	
                      Attn:  Mark
      C Lee

                    
	
                      Phone:  (916)
      558-6000

                    
	
                      Fax:  (916)
      446-1611

                    

            

          

        

      

      

      An
executed original Securities Purchase Agreement or a fax thereof must be
received by 2:00 p.m. Pacific Daylight Time on a date to be determined and
distributed to the Investor.

      

      
        	
                B.

              	
                Funds
      for the purchase of Shares should be sent via wire transfer
      to:

              

      

      

      
        
          	
                  Bank:

                	
                  Pacific
      Coast Bankers Bank

                
	 
      	
                  340
      Pine Street, #401

                
	 
      	
                  San
      Francisco, CA 94104

                
	
                  Contact:

                	
                  415-399-1900

                
	 
      	 
      
	
                  Account
      Name:

                	
                  Five
      Star Bank

                
	
                  Account
      Number:

                	
                  121143037

                
	
                  ABA
      No.:

                	
                  121042484

                
	
                  For
      further credit to:

                	
                  WGC
      client trust account
#002203503

                

        

      

      
        
           

        

        
          
          

          
            

          

        

        
           

        

      

      SECURITIES
PURCHASE AGREEMENT

      (Signature
Page)

      GC China
Turbine Corp.

      1694
Falmouth Road, Suite 147

      Centerville,
Massachusetts 02632-2933

      

      Ladies
& Gentlemen:

      

      Each of
the undersigned investor (the “Investor”) and Golden Wind Holdings Limited
(“Make Good Pledgor”), hereby confirms its agreement with you as
follows:

      

      1.          
  This Securities Purchase Agreement, including the Terms and
Conditions set forth in Annex I (the "Terms
and Conditions"), the Risk Factors set forth in the attached Private Placement
Memorandum, in addition to, documents filed by the Company with the SEC under
the Securities Exchange Act of 1934, as amended, which are incorporated herein
by reference as if fully set forth herein (the “Agreement”), is made as of the
date set forth below among GC China Turbine, Corp. a Nevada corporation (the
“Company”), Make Good Pledgor and the Investor.

      

      2.            
The Company has authorized the sale and issuance of 6,400,000 shares of common
stock of the Company, par value $0.001 per share (the "Common Stock") to certain
investors in a private placement (the “Offering”).  Further, the
Company will issue warrants to each investor in an amount equal to ten percent
(10%) of the number of shares that the Investor purchased.  Each
warrant has an exercise price of $1.00 per share and may be exercisable anytime
within three (3) years from the date of issuance.

       

      3.           
 The Company and the Investor agree that the Investor will purchase from
the Company and the Company will issue and sell to the Investor [_________]
shares of Common Stock (the "Shares"), for a purchase price of $1.25 per share,
for an aggregate purchase price of $[__________], pursuant to the Terms and
Conditions.  The Company will issue warrants to each investor in an
amount equal to ten percent (10%) of the number of shares that the Investor
purchased. Unless otherwise requested by the Investor, certificates representing
the Shares purchased by the Investor will be registered in the Investor’s name
and address as set forth below.

      

      4.            
Make Good Pledgor and the Investor agree to the terms of the Make Good
provisions in the Terms and Conditions.

      

      Please
confirm that the foregoing correctly sets forth the agreement between us by
signing in the space provided below for that purpose.

      

      
        
          
            	
                    Date:
      ___________, 2009

                  	
                    Investor:

                  	 
      

          

        

      

      
        
          
            	 
      	
                    By:

                  	 
      

          

        

      

      
        
          
            	 
      	
                    Print
      Name:

                  	 
      

          

        

      

      
        
          
            	 
      	
                    Title:

                  	 
      

          

        

      

       

      
        
          
            
              	 
      	
                      Address:

                    	 
      
	 	 	 

            

          

        

      

      
        
          
            	 
      	
                    Tax
      ID No.:

                  	 
      

          

        

      

      
        
          
            	 
      	
                    Contact name:

                  	 
      

          

        

      

      
        
          
            	 
      	
                    Telephone:

                  	 
      

          

        

      

      

      
        
          
            	
                    GOLDEN
      WIND HOLDINGS LIMITED

                  
	 
      
	
                    Xu
      Hong Bing

                  

          

        

      

      

      
        
          
            
              
                
                  	
                          AGREED AND ACCEPTED:

                        
	 
      	 
      
	
                          GC
      CHINA TURBINE, CORP.

                        
	
                          By:

                        	 
      
	 
      	
                          Marcus
      Laun,
Director

                        

                

              

            

          

        

      

      
        
           

        

        
          1

          
            

          

        

        
           

        

      

      ANNEX I

      

      TERMS
AND CONDITIONS FOR PURCHASE OF SHARES

      

      Investment
in the Company involves a high degree of risk.  Each Investor should
carefully consider the risk factors set forth in the attached Private Placement
Memorandum and documents filed by the Company with the SEC under the Securities
Exchange Act of 1934, as amended, in addition to the other information set forth
in this Annex I
before purchasing shares of the Company's Common Stock.

      

      1.           Authorization and Sale of
the Shares.  Subject to these Terms and Conditions, the Company
has authorized the sale of 6,400,000 shares of common stock of the Company, par
value $0.001 per share of the Company, at $1.25 per share of common stock,
including warrants to each investor in an amount equal to ten percent (10%) of
the number of shares that an investor purchased (the "Offering"). Each warrant
shall substantially be in the form attached hereto as Appendix A and have
an exercise price of $1.00 per share and may be exercisable anytime within three
(3) years from the date of issuance (the “Warrant”).

       

      2.           Agreement to Sell and
Purchase the Shares.  At the Closing (as defined in Section 3
of this Annex
I), the Company will sell to the Investor, and the Investor will purchase
from the Company, upon the terms and conditions hereinafter set forth, the
number of Shares (the “Investment Amount”), set forth in Section 3 of the
Signature Page to the Securities Purchase Agreement at the purchase price set
forth thereon.

      

      3.           Delivery of the Shares at
Closing.  The completion of the purchase and sale of the Shares
(the “Closing”) shall occur at the offices of the Company’s counsel upon receipt
of cleared funds and fully executed documents for the purchase of the Shares on
each date set by the Company.  Within seven (7) days after the
Closing, the Company shall deliver to the Investor one or more stock
certificates representing the number of Shares as set forth in Section 3 of the
Signature Page to the Securities Purchase Agreement, each such certificate or
certificates to be registered in the name of the Investor.

      

      The
Company’s obligation to issue the Shares to the Investor shall be subject to the
following conditions, any one or more of which may be waived by the Company: (a)
receipt by the Company of a certified or official bank check or wire transfer of
funds in the full amount of the purchase price for the Shares being purchased
hereunder as set forth in Section 3 of Signature Page to the Securities Purchase
Agreement; and (b) the accuracy of the representations and warranties made by
the Investors and the fulfillment of those undertakings of the Investors to be
fulfilled prior to the Closing.

      

      The
Investor’s obligation to purchase the Shares shall be subject to the following
conditions, any one or more of which may be waived by the Investor: (1) the
representations and warranties of the Company set forth herein shall be true and
correct as of the Closing Date in all material respects and (2) the Investor
shall have received such documents as such Investor shall reasonably have
requested in connection with its due diligence.

      

      4.           Representations, Warranties
and Covenants of the Company.  The Company hereby represents
and warrants to, and covenants with, the Investor, as follows:

      

      4.1             Organization.  The
Company is duly organized and validly existing in good standing under the laws
of the jurisdiction of its organization.  The Company has full power
and authority to own, operate and occupy its properties and to conduct its
business as presently contemplated and is registered or qualified to do business
and in good standing in each jurisdiction in which the nature of the business
conducted by it or the location of the properties owned or leased by it requires
such qualification and where the failure to be so qualified would have a
material adverse effect upon the condition (financial or otherwise), earnings,
business or business prospects, properties or operations of the Company (a
“Material Adverse Effect”), and no proceeding has been instituted in any such
jurisdiction, revoking, limiting or curtailing, or seeking to revoke, limit or
curtail, such power and authority or qualification.

      

      4.2             Due Authorization and Valid
Issuance.  The Company has all requisite power and authority to
execute, deliver and perform its obligations under the Agreement, and the
Agreement has been duly authorized and validly executed and delivered by the
Company and constitute legal, valid and binding agreement of the Company
enforceable against the Company in accordance with their terms, except as rights
to indemnity and contribution may be limited by state or federal securities laws
or the public policy underlying such laws, except as enforceability may be
limited by applicable bankruptcy, insolvency, reorganization, moratorium or
similar laws affecting creditors’ and contracting parties’ rights generally and
except as enforceability may be subject to general principles of equity
(regardless of whether such enforceability is considered in a proceeding in
equity or at law). No further approval or authorization of any stockholder, the
Board of Directors of the Company or others is required for the issuance and
sale of the Shares.   The Shares being purchased by the Investor
hereunder will, upon issuance and payment therefore pursuant to the terms
hereof, be duly authorized, validly issued, fully-paid and
nonassessable.

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

      

      4.3             Non-Contravention.  The execution and delivery
of the Agreement, the issuance and sale of the Shares under the Agreement, the
fulfillment of the terms of the Agreement and the consummation of the
transactions contemplated thereby will not (A) conflict with or constitute a
violation of, or default under, (i) any material bond, debenture, note or other
evidence of indebtedness, lease, contract, indenture, mortgage, deed of trust,
loan agreement, joint venture or other agreement or instrument to which the
Company is a party or by which it or its properties are bound, (ii) the charter,
by-laws or other organizational documents of the Company, or (iii) any law,
administrative regulation, ordinance or order of any court or governmental
agency, arbitration panel or authority applicable to the Company or its
properties, except in the case of clauses (i) and (iii) for any such conflicts,
violations or defaults which are not reasonably likely to have a Material
Adverse Effect or (B) result in the creation or imposition of any lien,
encumbrance, claim, security interest or restriction whatsoever upon any of the
material properties or assets of the Company or an acceleration of indebtedness
pursuant to any obligation, agreement or condition contained in any material
bond, debenture, note or any other evidence of indebtedness or any material
indenture, mortgage, deed of trust or any other agreement or instrument to which
the Company is a party or by which any of them is bound or to which any of the
material property or assets of the Company is subject.

      

      4.4             Capitalization.  As
of the Closing Date and upon issuance of all of the shares of common stock of
the Company under the Offering, the Company has 100,000,000 shares of Common
Stock authorized, with 58,970,015 shares of Common Stock issued and
outstanding.  Except as set forth herein or contemplated by documents
filed by the Company with the Securities and Exchange Commission (the "SEC")
under the Securities Exchange Act of 1934 (the "Exchange Act"), since the end of
its most recently completed fiscal year through the date hereof (the “Exchange
Act Documents”), there are no other outstanding rights (including, without
limitation, preemptive rights), warrants or options to acquire, or instruments
convertible into or exchangeable for, any unissued shares of capital stock or
other equity interest in the Company or any contract, commitment, agreement,
understanding or arrangement of any kind to which the Company is a party or of
which the Company has knowledge and relating to the issuance or sale of any
capital stock of the Company, any such convertible or exchangeable securities or
any such rights, warrants or options.

      

      4.5             Legal
Proceedings.  There is no material legal or governmental
proceeding pending or, to the best knowledge of the Company, threatened to which
the Company is or may be a party or of which the business or property of the
Company is subject that would have a Material Adverse Effect on the
Company.

      

      4.6             No
Violations.  The Company is not in violation of its charter,
bylaws, or other organizational document, or in violation of any law,
administrative regulation, ordinance or order of any court or governmental
agency, arbitration panel or authority applicable to the Company, which
violation, individually or in the aggregate, would be reasonably likely to have
a Material Adverse Effect, or is in default (and there exists no condition
which, with the passage of time or otherwise, would constitute a default) in any
material respect in the performance of any bond, debenture, note or any other
evidence of indebtedness in any indenture, mortgage, deed of trust or any other
material agreement or instrument to which the Company is a party or by which the
Company is bound or by which the properties of the Company are bound, which
would be reasonably likely to have a Material Adverse Effect.

      

      4.7             Make Good
Shares.  Make Good Pledgor is the sole record owner of the
Escrow Shares, and has the authority to enter into this Agreement and the Make
Good Escrow Agreement, and to transfer the 2010 Make Good Shares as set forth in
Section 6.2.

      

      4.8             Introduction
Fee.  In connection with this Offering and subject to the
approval of the Company's Board of Directors, the Company will be paying its
advisors, placement agents and others the aggregate of $700,000 in cash fees
based on the gross proceeds from the sale of the Shares and 560,000 common stock
warrants (the "Introduction Fee").

      
        
           

        

        
          3

          
            

          

        

        
           

        

      

      

      5.           Representations, Warranties
and Covenants of the Investor.

      

      5.1             The
Investor represents and warrants to, and covenants with, the Company that: (i)
the Investor is an “accredited investor” as defined in Rule 501 of Regulation D
under the Securities Act and the Investor is also knowledgeable, sophisticated
and experienced in making, and is qualified to make decisions with respect to
investments in shares presenting an investment decision like that involved in
the purchase of the Shares, including investments in securities issued by the
Company and investments in comparable companies, and has requested, received,
reviewed and considered all information it deemed relevant in making an informed
decision to purchase the Shares; (ii) the Investor has carefully read and fully
understands the risks involved with an investment in the Company including,
without limitation, the risks identified in the attached Private Placement
Memorandum, in addition to, documents filed by the Company with the SEC under
the Securities Exchange Act of 1934, as amended, (iii) the Investor is acquiring
the number of Shares set forth in Section 3 of the Signature Page to the
Securities Purchase Agreement in the ordinary course of its business and for its
own account for investment only and with no present intention of distributing
any of such Shares or any arrangement or understanding with any other persons
regarding the distribution of such Shares; (iv) the Investor will not, directly
or indirectly, offer, sell, pledge, transfer or otherwise dispose of (or solicit
any offers to buy, purchase or otherwise acquire or take a pledge of) any of the
Shares except in compliance with the Securities Act, applicable state securities
laws and the respective rules and regulations promulgated thereunder; (v) all of
the representations made by the Investor are true, correct and complete as of
the date hereof and will be true, correct and complete as of the Closing Date;
and (vi) the Investor has, in connection with its decision to purchase the
number of Shares set forth in Section 3 of the Signature Page to the Securities
Purchase Agreement, relied only upon the Exchange Act Documents and the
representations and warranties of the Company contained herein.  The
Investor understands that its acquisition of the Shares has not been registered
under the Securities Act or registered or qualified under any state securities
law in reliance on specific exemptions therefrom, which exemptions may depend
upon, among other things, the bona fide nature of the Investor’s investment
intent as expressed herein.

      

      5.2             The
Investor acknowledges that it has had access to the Exchange Act Documents and
has carefully reviewed the same.  The Investor further acknowledges
that the Company has made available to it the opportunity to ask questions of
and receive answers from the Company's officers and directors concerning the
terms and conditions of this Agreement and the business and financial condition
of the Company, and the Investor has received to its satisfaction, such
information about the business and financial condition of the Company and the
terms and conditions of the Agreement as it has requested.  The
Investor has carefully considered the potential risks relating to the Company
and a purchase of the Shares, and fully understands that the Shares are
speculative investments, which involve a high degree of risk of loss of the
Investor’s entire investment.  Among others, the undersigned has
carefully considered each of the risks identified under the caption “Risk
Factors” in the Exchange Act Documents and the risks identified in the attached
Private Placement Memorandum.

      

      5.3             The
Investor acknowledges, represents and agrees that no action has been or will be
taken in any jurisdiction outside the United States by the Company that would
permit an offering of the Shares, or possession or distribution of offering
materials in connection with the issue of the Shares, in any jurisdiction
outside the United States where legal action by the Company for that purpose is
required.  Each Investor outside the United States will comply with
all applicable laws and regulations in each foreign jurisdiction in which it
purchases, offers, sells or delivers Shares or has in its possession or
distributes any offering material, in all cases at its own expense.

      

      5.4             The
Investor hereby covenants with the Company not to make any sale of the Shares
without complying with the provisions of this Agreement, and the Investor
acknowledges that the certificates evidencing the Shares will be imprinted with
a legend that prohibits their transfer except in accordance
herewith.  The overall commitment of the Investor to investments,
which are not readily marketable, is not excessive in view of the Investor’s net
worth and financial circumstances, and any purchase of the Shares will not cause
such commitment to become excessive.  The Investor is able to bear the
economic risk of an investment in the Shares.

      

      5.5             The
Investor further represents and warrants to, and covenants with, the Company
that (i) the Investor has full right, power, authority and capacity to enter
into this Agreement and to consummate the transactions contemplated hereby and
has taken all necessary action to authorize the execution, delivery and
performance of this Agreement, and (ii) this Agreement constitutes a valid and
binding obligation of the Investor enforceable against the Investor in
accordance with its terms, except as enforceability may be limited by applicable
bankruptcy, insolvency, reorganization, moratorium or similar laws affecting
creditors’ and contracting parties’ rights generally and except as
enforceability may be subject to general principles of equity (regardless of
whether such enforceability is considered in a proceeding in equity or at law)
and except as the indemnification agreements of the Investor herein may be
legally unenforceable.

      

      5.6             Investor
will not use any of the restricted Shares acquired pursuant to this Agreement to
cover any short position in the Common Stock of the Company if doing so would be
in violation of applicable securities laws.

      
        
           

        

        
          4

          
            

          

        

        
           

        

      

      

      5.7             The
Investor understands that nothing in the Exchange Act Documents, this Agreement
or any other materials presented to the Investor in connection with the purchase
and sale of the Shares constitutes legal, tax or investment
advice.  The Investor has consulted such legal, tax and investment
advisors, as it, in its sole discretion, has deemed necessary or appropriate in
connection with its purchase of Shares.

      

      6.           Make
Good

      

      6.1             Background. The
Offering is made in connection with a voluntary share exchange between the
Company and Luckcharm Holdings Limited, a company organized under the laws of
Hong Kong (“Luckcharm”) pursuant to that certain Share Exchange Agreement among
the Company, Luckcharm, Wuhan Guoce Nordic New Energy Co. Ltd., a company
organized under the laws of the People’s Republic of China and wholly-owned
subsidiary of Luckcharm and Golden Wind Holdings Limited, a company organized
under the laws of the British Virgin Islands and sole stockholder of Luckcharm
(“Make Good Pledgor”) dated September 30, 2009 whereby Make Good Pledgor agrees
to sell all of the outstanding capital stock of Luckcharm to the Company in
exchange for the right to receive 32,383,808 shares of common stock of the
Company representing no less than fifty four percent (54%) ownership interest in
the Company.

      

      6.2             Make Good
Shares.

       

       
(a)          Make Good Pledgor
agrees that if the After-Tax Net Income for the fiscal year ended December 31,
2010 reported in the Company's Annual Report on Form 10-K for the fiscal year
ending December 31, 2010 (the “2010 Actual ATNI”), as filed with the SEC (the
“2010 Annual Report”) is less than $12,500,000 (the “2010 Guaranteed ATNI”),
Make Good Pledgor will transfer to Investor on a pro rata basis (based upon
Investor's Investment Amount relative to the aggregate investment amount of all
investors under the Offering) for no additional consideration, a number of
shares of common stock of the Company equal to: [($12,500,000 - the actual
After-Tax Net Income reported in the 2010 Annual Report)/$2,500,000] * Escrow
Shares (as defined below), with the result referred to herein as the “2010 Make
Good Shares,” provided, that the number of 2010 Make Good Shares shall in no
event exceed 640,000 shares. The “Escrow Shares” means the 640,000 shares of
common stock of the Company (as equitably adjusted for any stock splits, stock
combinations, stock dividends or similar transactions) required to be deposited
with the escrow agent pursuant to the escrow agreement in substantially the form
attached hereto as Appendix B (the “Make
Good Escrow Agreement”). If the Company's audited consolidated financial
statements for the fiscal year ended December 31, 2010 specify that the 2010
Guaranteed ATNI shall have been achieved, no transfer of the Escrow Shares shall
be made to the Investor and all Escrow Shares deposited with the escrow agent
shall immediately be returned to Make Good Pledgor.

       

      (b)          In
connection with the foregoing, Make Good Pledgor agrees that within three (3)
business days following the Closing, Make Good Pledgor will deposit the Escrow
Shares into escrow in accordance with the Make Good Escrow Agreement along with
stock powers executed in blank (or with such other instruments of transfer as in
accordance with the requirements of the Company’s transfer agent), and the
handling and disposition of the Escrow Shares shall be governed by this Section
6.2 and such Make Good Escrow Agreement. The Company shall notify the Investor
as soon as the Escrow Shares have been deposited with the escrow agent. The Make
Good Pledgor understands and agrees that the Investor’s right to receive 2010
Make Good Shares pursuant to this Section 6.2 and the Make Good Escrow Agreement
shall continue to run to the benefit of the Investor even if the Investor shall
have transferred or sold all or any portion of its Shares, and that the Investor
shall have the right to assign its rights to receive all or any such shares of
common stock to other persons in conjunction with negotiated sales or transfers
of any of its Shares

      

      (c)          For
purposes of this Section 6.2, the term After-Tax Net Income or ATNI shall mean
the after-tax net income of the Company and its consolidated subsidiaries
prepared in accordance with U.S. GAAP consistently applied; provided in the
event that the release of the 2010 Make Good Shares to the Investor or any
Escrow Shares to Make Good Pledgor is deemed to be an expense or deduction from
revenues/income of the Company for the applicable year, as required under U.S.
GAAP, then such expense or deduction shall be excluded for purposes of
determining whether or not the 2010 Guaranteed ATNI has been achieved by
the Company.

      
        
           

        

        
          5

          
            

          

        

        
           

        

      

      

      (d)          The
Company covenants and agrees that upon any transfer of 2010 Make Good Shares to
the Investor in accordance with the Make Good Escrow Agreement, the Company
shall promptly instruct its Transfer Agent to reissue such 2010 Make Good Shares
in the Investor’s name and deliver the same as directed by the
Investor.

      

      (e)          If
any term or provision of this Section 6.2 contradicts or conflicts with any term
or provision of the Make Good Escrow Agreement, the terms of the Make Good
Escrow Agreement shall control.

      

      6.3             Make Good Warrant
Adjustment.

      

      (a)          The
Company agrees that if the 2010 Actual ATNI is less than the 2010 Guaranteed
ATNI, the Company will reduce the exercise price of the Warrant issued to the
Investor by an amount equal to: [($12,500,000 - the actual After-Tax Net Income
reported in the 2010 Annual Report)/$2,500,000] * $1.00 per share (the “Adjusted
Exercise Price”), provided, that if the Adjusted Exercise Price is negative, the
Adjusted Exercise Price will be deemed to equal $0.001 per share.

      

      (b)          The
Company covenants and agrees to reissue a new Warrant to the Investor with the
Adjusted Exercise Price if the 2010 Actual ATNI is less than the 2010 Guaranteed
ATNI, within seven (7) days of receipt of the original Warrant issued to the
Investor.

      

      7.           Indemnification; Compliance
with the Securities Act.

      

      7.1             Indemnification.

      

      (a)          The
Company agrees to indemnify and hold harmless the Investor from and against any
losses, claims, damages or liabilities to which such Investor may become subject
(under the Securities Act or otherwise) insofar as such losses, claims, damages
or liabilities (or actions or proceedings in respect thereof) arise out of, or
are based upon any breach of the representations or warranties of the Company
contained herein or failure to comply with the covenants and agreements of the
Company contained herein, and the Company will reimburse such Investor for any
reasonable legal or other expenses reasonably incurred in investigating,
defending or preparing to defend any such action, proceeding or claim, or
preparing to defend any such action, proceeding or claim. The Company shall
reimburse each Investor for the amounts provided for herein on demand as such
expenses are incurred.

      

      (b)          The
Investor agrees to indemnify and hold harmless the Company (and each person, if
any, who controls the Company within the meaning of Section 15 of the Securities
Act, and each director of the Company) from and against any losses, claims,
damages or liabilities to which the Company (or any such officer, director or
controlling person) may become subject (under the Securities Act or otherwise),
insofar as such losses, claims, damages or liabilities (or actions or
proceedings in respect thereof) arise out of, or are based upon any breach of
the representations or warranties of the Investor contained herein or failure to
comply with the covenants and agreements of the Investor contained herein, and
the Investor will reimburse the Company (or such officer, director or
controlling person), as the case may be, for any legal or other expenses
reasonably incurred in investigating, defending or preparing to defend any such
action, proceeding or claim.  The Investor shall reimburse the Company
for the amounts provided for herein on demand as such expenses are
incurred.

      

      (c)          Promptly
after receipt by any indemnified person of a notice of a claim or the beginning
of any action in respect of which indemnity is to be sought against an
indemnifying person pursuant to this Section 7.1, such indemnified person shall
notify the indemnifying person in writing of such claim or of the commencement
of such action, but the omission to so notify the indemnifying person will not
relieve it from any liability which it may have to any indemnified person under
this Section 7.1 (except to the extent that such omission materially and
adversely affects the indemnifying person’s ability to defend such action) or
from any liability otherwise than under this Section 7.1.  Subject to
the provisions hereinafter stated, in case any such action shall be brought
against an indemnified person, the indemnifying person shall be entitled to
participate therein, and, to the extent that it shall elect by written notice
delivered to the indemnified person promptly after receiving the aforesaid
notice from such indemnified person, shall be entitled to assume the defense
thereof, with counsel reasonably satisfactory to such indemnified
person.  After notice from the indemnifying person to such indemnified
person of its election to assume the defense thereof, such indemnifying person
shall not be liable to such indemnified person for any legal expenses
subsequently incurred by such indemnified person in connection with the defense
thereof, provided, however, that if
there exists or shall exist a conflict of interest that would make it
inappropriate, in the opinion of counsel to the indemnified person, for the same
counsel to represent both the indemnified person and such indemnifying person or
any affiliate or associate thereof, the indemnified person shall be entitled to
retain its own counsel at the expense of such indemnifying person; provided,
however, that no indemnifying person shall be responsible for the fees and
expenses of more than one separate counsel (together with appropriate local
counsel) for all indemnified parties.  In no event shall any
indemnifying person be liable in respect of any amounts paid in settlement of
any action unless the indemnifying person shall have approved the terms of such
settlement; provided that such
consent shall not be unreasonably withheld.  No indemnifying person
shall, without the prior written consent of the indemnified person, effect any
settlement of any pending or threatened proceeding in respect of which any
indemnified person is or could have been a party and indemnification could have
been sought hereunder by such indemnified person, unless such settlement
includes an unconditional release of such indemnified person from all liability
on claims that are the subject matter of such proceeding.

      
        
           

        

        
          6

          
            

          

        

        
           

        

      

      

      (d)          The
parties to this Agreement hereby acknowledge that they are sophisticated
business persons who were represented by counsel during the negotiations
regarding the provisions hereof including, without limitation, the provisions of
this Section 7.1, and are fully informed regarding said
provisions.  The parties are advised that federal or state public
policy as interpreted by the courts in certain jurisdictions may be contrary to
certain of the provisions of this Section 7.1, and the parties hereto hereby
expressly waive and relinquish any right or ability to assert such public policy
as a defense to a claim under this Section 7.1 and further agree not to attempt
to assert any such defense.

      

      7.2             Information
Available.

      

      (a)          A
copy of the Company Annual Report on Form 10-K, its Quarterly Reports on Form
10-Q, Current Reports on Form 8-K and Information Statements are available on
the SEC's website at www.sec.gov (the "SEC
Filings"); and

      

      (b)          Upon
the request of the Investor, the Company will mail a copy of the SEC Filings and
all other information that is made available to stockholders of the Company to
the Investor.

      

      8.           Notices.  All
notices, requests, consents and other communications hereunder shall be in
writing, shall be mailed (A) if within the United States by first-class
registered or certified airmail, or nationally recognized overnight express
courier, postage prepaid, or by facsimile, or (B) if delivered from outside the
United States, by International Federal Express or facsimile, and shall be
deemed given (i) if delivered by first-class registered or certified mail, three
business days after so mailed, (ii) if delivered by nationally recognized
overnight carrier, one business day after so mailed, (iii) if delivered by
International Federal Express, two business days after so mailed, (iv) if
delivered by facsimile, upon electronic confirmation of receipt and shall be
delivered as addressed as follows:

      

      
        
          	
                	
                  (a)

                	
                  if
      to the Company, to:

                

        

      

      

      GC China
Turbine, Corp.

      1694
Falmouth Road, Suite 147

      Centerville,
MA 02632

      Attn:  Marcus
Laun, Director

      

      
        	
              	
                (b)

              	
                with
      a copy to:

              

      

      

      Weintraub
Genshlea Chediak

      400
Capitol Mall, 11th
Floor

      Sacramento,
CA 95814

      Attn:  Mark
C Lee

      Phone:  (916)
558-6000

      Fax:  (916)
446-1611

      

      
        	
                 
      

              	
                (c)

              	
                if
      to Make Good Pledgor, to:

              

      

      

      
        	
              	
                 
      

              	
                Golden
      Wind Holdings Limited

              

      

      
        	
              	
                 
      

              	
                P.O.
      Box 957

              

      

      
        	
              	
                 
      

              	
                Offshore
      Incorporations Centre

              

      

      
        
           

        

        
          7

          
            

          

        

        
           

        

      

      

      
        	
              	
                 
      

              	
                Road
      Town, Tortola, British Virgin
Islands

              

      

      
        	
              	
                 
      

              	
                Attn:
      Xu Hong Bing

              

      

      

      
        	
                 
      

              	
                (d)

              	
                with
      a copy to:

              

      

      

      
        	
              	
                 
      

              	
                Global
      Law Office

              

      

      
        	
              	
                 
      

              	
                14th
      Floor, Tower 1, China Central Place

              

      

      
        	
              	
                 
      

              	
                No.
      81 Jianguo Road, Beijing, China
100025

              

      

      
        	
              	
                 
      

              	
                Attn:
      Larry Liu

              

      

      
        	
              	
                 
      

              	
                Phone:  (8610)
      6584-6688

              

      

      
        	
              	
                 
      

              	
                Fax:  (8610)
      6584-6666

              

      

      

      
        	
                 
      

              	
                (e)

              	
                if
      to the Investor, at its address on the signature page hereto, or at such
      other address or addresses as may have been furnished to the Company in
      writing.

              

      

      

      9.           Changes.  This
Agreement may not be modified or amended except pursuant to an instrument in
writing signed by the Company and the Investor.

      

      10.         Headings.  The
headings of the various sections of this Agreement have been inserted for
convenience of reference only and shall not be deemed to be part of this
Agreement.

      

      11.         Severability.  In
case any provision contained in this Agreement should be invalid, illegal or
unenforceable in any respect, the validity, legality and enforceability of the
remaining provisions contained herein shall not in any way be affected or
impaired thereby.

      

      12.         Governing
Law.  This Agreement shall be governed by, and construed in
accordance with, the internal laws of the State of Nevada, without giving effect
to the principles of conflicts of law.

      

      13.         Counterparts.  This
Agreement may be executed in two or more counterparts, each of which shall
constitute an original, but all of which, when taken together, shall constitute
but one instrument, and shall become effective when one or more counterparts
have been signed by each party hereto and delivered to the other
parties.

      

      14.         Rule
144.  The Company covenants that it will timely file the
reports required to be filed by it under the Securities Act and the Exchange Act
and the rules and regulations adopted by the SEC thereunder (or, if the Company
is not required to file such reports, it will, upon the request of any Investor
holding Shares purchased hereunder made after the first anniversary of the
Closing Date, make publicly available such information as necessary to permit
sales pursuant to Rule 144 under the Securities Act), and it will take such
further action as any such Investor may reasonably request, all to the extent
required from time to time to enable such Investor to sell Shares purchased
hereunder without registration under the Securities Act within the limitation of
the exemptions provided by (a) Rule 144 under the Securities Act, as such Rule
may be amended from time to time, or (b) any similar rule or regulation
hereafter adopted by the SEC.  Upon the request of the Investor, the
Company will deliver to such holder a written statement as to whether it has
complied with such information and requirements.

      

      15.         Confidential
Information.  The Investor represents to the Company that, at
all times during the Company’s offering of the Shares, the Investor has
maintained in confidence all non-public information regarding the Company
received by the Investor from the Company or its agents, and covenants that it
will continue to maintain in confidence such information and shall not use such
information for any purpose other than to evaluate the purchase of the Shares
until such information (a) becomes generally publicly available other than
through a violation of this provision by the Investor or its agents or (b) is
required to be disclosed in legal proceedings (such as by deposition,
interrogatory, request for documents, subpoena, civil investigation demand,
filing with any governmental authority or similar process), provided, however,
that before making any use or disclosure in reliance on this subparagraph (b)
the Investor shall give the Company at least fifteen (15) days prior written
notice (or such shorter period as required by law) specifying the circumstances
giving rise thereto and will furnish only that portion of the non-public
information which is legally required and will exercise its best efforts to
obtain reliable assurance that confidential treatment will be accorded any
non-public information so furnished.

      
        
           

        

        
          8

          
            

          

        

        
           

        

      

      APPENDIX
A

       

      FORM
OF WARRANT

      
        
           

        

        
          9

          
            

          

        

        
           

        

      

      APPENDIX
B

       

      FORM
OF MAKE GOOD ESCROW AGREEMENT

      
        
           

        

        
          10INVESTOR
RIGHTS AGREEMENT

    

    THIS
INVESTOR RIGHTS AGREEMENT (the “Agreement”) made this 30th day
of October 2009 by and among GC China Turbine Corp. f.k.a. Nordic Turbines,
Inc., a Nevada corporation (“Company”), NewMargin Growth
Fund L.P. (“NewMargin”),
Ceyuan Ventures II, L.P. (“Ceyuan LP”), Ceyuan Ventures
Advisors Fund II, LLC (“Ceyuan
LLC”, collectively with NewMargin and Ceyuan LP, “Investors”) and Golden Wind Holdings Limited (“Golden Wind”).

    

    BACKGROUND:

    

    A.       
   Company entered into a financing agreement dated July 20,
2009, as amended and restated on July 31, 2009 (the “Financing Agreement”) with
Luckcharm Holdings Limited (“Luckcharm”), Wuhan Guoce Nordic
New Energy Co., Ltd. (“GC Nordic”), Ceyuan LP, Ceyuan LLC and NewMargin whereby
the Company agreed to lend Luckcharm (i) $2,500,000 before July 24, 2009 and
(ii) $7,500,000 before July 31, 2009.  In order to guarantee the
Company’s lending obligations under the Financing Agreement, NewMargin agreed to
lend $5,000,000 and Ceyuan LP and Ceyuan LLC agreed to lend the aggregate of
$5,000,000 of the above amounts to the Company.

    

    B.          
Concurrent with this Agreement, Company, certain shareholders of Company, GC
Nordic, Luckcharm, and Golden Wind entered into a Share Exchange Agreement
(“Exchange
Agreement”).  Pursuant to the terms of the Exchange Agreement,
upon the closing of the voluntary share exchange (“Exchange”), all of the shares
of capital stock of Luckcharm issued and outstanding and all securities
convertible or exchangeable into capital stock of the Luckcharm will be
exchanged (including by reservation for future issuances) for shares of common
stock of Company (“Common
Stock”).

    

    C.        
  Upon the consummation of the Exchange, the $10,000,000 loan made to
Company by the Investors will be converted into Company’s Common Stock.

    

    D.        
  The parties hereto desire to
set forth certain rights and restrictions of Investors as shareholders of the
Company, as further set forth herein.

    

    NOW,
THEREFORE, in consideration of the representations, warranties, covenants and
agreements contained in this Agreement, the parties agree as
follows:

    

    AGREEMENT:

    

    1.           Investor Rights
Provisions.  As long as the Investors, together with their Affiliates, own at least fifteen percent (15%) of the
Company’s outstanding Common Stock (the “Investor Shares”), the Company
shall not, without first obtaining the written consent of a majority of the
Investor Shares:

    

    §       
    amend, alter or repeal any provision of the Articles of
Incorporation of the Company if such action would adversely alter the rights,
preferences, privileges or powers of, or restrictions provided for the benefit
of the Company’s Common Stock;

    

    §         
  amend, alter or repeal any provision of the Articles of
Incorporation or Bylaws of the Company if such action would increase the
authorized maximum number of directors on the Board of Directors;

    

    §        
   authorize or create any new class or series of shares having
rights, preferences or privileges with respect to dividends, redemption or
payments upon liquidation senior to or on a parity
with the Company’s Common Stock or having greater or equivalent voting rights than or to those granted to the Company’s Common
Stock generally;

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    §  
          reclassify any new class
or series of shares having rights, preferences or privileges with respect to
dividends, redemption or payments upon liquidation senior to or on a parity with the Company’s common stock or
having greater or equivalent voting rights
than or to those granted to the Company’s
Common Stock generally;

    

    §    
        enter into any Reorganization
Transaction;

    

    §     
       issue any Additional Shares of the
Company’s Common Stock;

    

    §       
     redeem or repurchase any shares of the Company,
other than (i) repurchases of Common Stock issued to or held by employees,
officers, directors or consultants of the Company or its subsidiaries upon
termination of their employment or services pursuant to agreements providing for
the right of said repurchase, (ii) repurchases of Common Stock issued to or held
by employees, officers, directors or consultants of the Company or its
subsidiaries pursuant to rights of first refusal contained in agreements
providing for such right, or (iii) repurchase of capital stock of the Company in
connection with the settlement of disputes with any shareholder.

    

    §      
      voluntarily liquidate or dissolve;

    

    §       
     appoint or terminate executive officers of the Company,
except as required of the Board of Directors in the exercise of their fiduciary
duties to the Company;

    

    §        
    approve any Related Party Transaction; or

    

    §       
     declare or pay any dividends with respect to the Common
Stock of the Company.

    

    2.           Board
Composition.

    

    (a)           All Shareholders shall vote at regular or special
meetings of shareholders, and to give written consent with respect to, the
shares of Common Stock that they own (or as to which they have voting power) to
ensure that the size of the Board of Directors shall be set and remain at five
(5)  directors.

    

    (b)           On all matters relating to the election of one or more
directors of the Company, each of the Shareholders shall vote at regular or
special meetings of shareholders and give written consent with respect to, such
number of shares of Common Stock then owned by them (or as to which they then
have voting power) as may be necessary to elect the following individual to the
Board of Directors: one (1) director to be designated by Ceyuan LP, Ceyuan LLC
and New Margin, collectively.

    

    (c)           On all matters relating to the removal of one or more
directors of the Company, each of the Shareholders shall vote at regular or
special meetings of shareholders and give written consent with respect to, such
number of shares of Common Stock then owned by them (or as to which they then
have voting power) as may be necessary to remove from the Board of Directors any
director selected for removal by those Shareholders entitled to designate such
director pursuant to Section 2(b).  Any vacancy created by such
removal shall be filled pursuant to Section 2(b).  No director elected
pursuant to Section 2(b) may be removed without the vote or written consent of
the Shareholders entitled to designate such director pursuant to Section
2(b).  In the event of the resignation, death or disqualification of a
director designated and elected pursuant to Section 2(b), the Shareholders
entitled to designate such director shall promptly nominate a new director in
accordance with Section 2(b), and each Shareholder shall promptly vote his, her
or its shares of capital stock of the Company to elect such nominee to the Board
of Directors.  In the event that any director is elected to the Board
of Directors as the result of the filling of a vacancy by members of the Board
of Directors, then at any time thereafter, upon the written request of
Shareholders entitled to designate such director pursuant to Section 2(b), and
without limiting the generality of Section 13, the Company shall use best
efforts to cause, as promptly as is possible and in compliance with the
Company’s Articles of Incorporation and Bylaws, either a meeting of shareholders
to be held or a written consent of shareholders to be circulated, in each case
submitting to the vote or written consent of shareholders, respectively, the
proposed removal of such director and/or election of a substitute director in
lieu thereof in accordance with this Agreement.

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    3.           Registration
Rights.  If the Company agrees to
register any of its securities after the date hereof, then the Company shall use
reasonable best efforts to include in such registration its securities held by
the Investors and their Affiliates, subject to the same terms, conditions,
requirements and limitations as are applicable to the holders of other
securities included in such registration.  If the Company has granted, or caused or permitted to be created, or
will grant, or cause or permit to be
created, for the benefit of any security holder of the Company other than the
Investors or their Affiliates any registration rights relating to any securities
of the Company which are more favorable to such security holder than those
granted to the Investors and their Affiliates, the Company shall grant the same
registration rights to the Investors and their Affiliates as those granted to
such security holder, subject to the same terms, conditions, requirements and
limitations as are applicable to such security holder.

    

    4.           Definitions.  For
purposes of this Agreement, the following definitions shall apply:

    

    (a)           “Additional
Shares of the Company’s Common Stock” means all shares of Common Stock issued or
deemed to be issued after the date of this Agreement, other than the following:
(i) shares of Common Stock issued or issuable to officers, directors and
employees of, or consultants to, the Company pursuant to stock grants, option
plans, purchase plans or other employee stock incentive programs or arrangements
approved by the Board of Directors, or upon exercise of options or warrants
granted to such parties pursuant to any such plan or arrangement including
the issuance of 6,000,000 shares of Common Stock of the Company under
an employee stock option plan described in Section 8.01 of Exchange
Agreement immediately after the Closing Date of the Exchange Agreement
(the “Closing Date” being as such term is
defined in the Exchange Agreement) of the Exchange Agreement; (ii) shares of
Common Stock issued upon the exercise or conversion of options or convertible
securities outstanding as of the date of this Agreement; (iii) shares of Common
Stock issued or issuable pursuant to the acquisition of another business entity
by the Company by merger, purchase of substantially all of the assets or other
reorganization or to a joint venture
agreement, provided, that such issuances are approved by the Board of Directors;
(iv) shares of Common Stock issued or issuable to banks, equipment lessors or
other financial institutions pursuant to a debt financing or commercial leasing
transaction approved by the Board of Directors; (v) shares of Common Stock
issued or issuable in connection with any settlement of any action, suit,
proceeding or litigation approved by the Board of Directors; (vi) shares of
Common Stock issued or issuable in connection with sponsored research,
collaboration, technology license, development, marketing or other similar
agreements or strategic partnerships approved by the Board of Directors; (vii)
shares of Common Stock issued or issuable to suppliers or third party service
providers in connection with the provision of goods or services pursuant to
transactions approved by the Board of Directors; and (viii) shares of Common
Stock to be issued to the new investors and Clarus in accordance with the
5.01(e) of Article V as provided in the Exchange Agreement.

    

    (b)           “Affiliate”
of any particular person or entity means any other person or entity controlling,
controlled by or under common control with such particular person or entity
(including, without limitation, with respect to NewMargin, Ceyuan LP and Ceyuan LLC and each
of their Affiliates, each of their constituent partners, retired partners,
members or investment or venture capital fund Affiliates), where “control” means
the possession, directly or indirectly, of the power to direct the management
and policies of a person or entity whether through the ownership of voting
securities, contract or otherwise.

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    
 

    (c)           “Board of Directors” means the Board of Directors of the
Company.

    

    (d)           “Related
Party Transaction” means any transaction between the Company and an Affiliate of
the Company in excess of $100,000 individually or
in excess of $500,000 in the aggregate during any fiscal year, except for
the following when approved by a majority of disinterested members of the Board
of Directors: (i) the compensation of officers, directors and employees of, or
consultants to the Company or (ii) transactions where the terms and conditions
of the transaction, on an overall basis, are fair and reasonable to the Company
and are at least as favorable to the Company as those generally available
between parties operating at arm’s length.

    

    (e)           “Reorganization
Transaction” means (i) the acquisition of the Company by another entity by means
of any transaction or series of related transactions to which the Company is
party (including, without limitation, any stock acquisition, reorganization,
merger or consolidation but excluding any sale of stock for capital raising
purposes) other than a transaction or series of transactions in which the
holders of the voting securities of the
Company outstanding immediately prior to such transaction continue to retain
(either by such voting securities remaining outstanding or by such voting
securities being converted into voting securities of the surviving entity), as a
result of shares in the Company held by such holders prior to such transaction,
at least fifty percent (50%) of the total voting power represented by the voting
securities of the Company or such surviving entity outstanding immediately after
such transaction or series of transactions; or (ii) a sale, lease or other
conveyance of all or substantially all of the assets of the
Company.

    

    (f)           “Shareholders” means, collectively, Ceyuan LP, Ceyuan
LLC, NewMargin, and Golden Wind.

    

    5.           Notices.  Any
and all notices and other communications hereunder shall be in writing and shall
be deemed duly given to the party to whom the same is so delivered, sent or
mailed at addresses and contact information set forth below (or at such other
address for a party as shall be specified by like notice.)  Any and
all notices or other communications or deliveries required or permitted to be
provided hereunder shall be deemed given and effective on the earliest of: (a)
on the date of transmission, if such notice or communication is delivered via
facsimile at the facsimile number set forth on the signature pages attached
hereto prior to 5:30 p.m. (Pacific Standard Time) on a business day, (b) on the
next business day after the date of transmission, if such notice or
communication is delivered via facsimile at the facsimile number set forth on
the signature pages attached hereto on a day that is not a business day or later
than 5:30 p.m. (Pacific Standard Time) on any business day, (c) on the second
business day following the date of mailing, if sent by a nationally recognized
overnight courier service, or (d) if by personal delivery, upon actual receipt
by the party to whom such notice is required to be given.

    

    if to
Company (before the closing of the Exchange):

    

    GC China
Turbine Corp.

    1694
Falmouth Road, #147

    Centerville,
Massachusetts 02632-2933

    Attention:
Marcus Laun

    Telephone
No.:  (508) 362-4420

    

    with a copy to (which copy shall not
constitute notice):

     

    Mark
Lee

    Weintraub
Genshlea Chediak

    400
Capitol Mall, 11th
Floor

    Sacramento,
California 95814

    Telephone:
(916) 558-6000

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    Fax:
(916) 446-1611

    Email:  mlee@weintraub.com

    

    if to NewMargin:

     

    Ma
Huan

    NewMargin
Growth Fund L.P.

    Villa #3,
Radisson Xingguo Hotel, 78 Xingguo Road

    Shanghai
200052, PRC

    Fax:
021-62137000

    

    if to Ceyuan LP or Ceyuan
LLC:

    

    Mr. Chris
Wadsworth

    Ceyuan
Ventures II, L.P.

    No. 35
Qinlao Hutong, Dongcheng District,

    Beijing
100009, PRC

    Fax:
86-10-8402 0999

    

    if to
Golden Wind or the Company (after the closing of the Exchange):

     

    Wuhan
Guoce Nordic New Energy Co. Ltd.

    No. 86,
Nanhu Avenue

    East Lake
Development Zone, Wuhan, China

    Attention:
Mr. Hou Tie Xin, Chairman

    Telephone
No.: +86 27 8798 5051

    Facsimile
No.: +86 27 8798 5096

    

    with copies to:

     

    Richardson
& Patel LLP

    Attention:
Kevin K. Leung, Esq.

    10900
Wilshire Boulevard

    Suite
500

    Los
Angeles, California 90024

    Telephone:
(310) 208-1182

    Facsimile:
(310) 208-1154

    

    Larry
Liu

    Global
Law Office

    15th Floor,
Tower 1, China Central Place

    No. 81
Jianguo Road, Beijing, China 100025

    Telephone:
(8610) 6584-6688

    Fax:
(8610) 6584-6666

    Email:  larryliu@globallawoffice.com.cn

    

    6.           Interpretation.  The
headings contained in this Agreement are for reference purposes only and shall
not affect in any way the meaning or interpretation of this
Agreement.  Whenever the words “include”, “includes” or “including”
are used in this Agreement, they shall be deemed to be followed by the words
“without limitation”.

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    7.           Entire Agreement; No
Third-Party Beneficiaries.  This Agreement and the other
agreements referred to herein constitute the entire agreement, and supersede all
prior agreements and understandings, both written and oral, among the parties
with respect to the subject matter of this Agreement.  This Agreement
is not intended to confer upon any person other than the parties any rights or
remedies.

    

    8.           Governing
Law.  This Agreement shall be governed by, and construed in
accordance with, the laws of the State of Nevada, regardless of the laws that
might otherwise govern under applicable principles of conflicts of laws
thereof.

    

    9.           Assignment.

    

    (a)           Neither
this Agreement nor any of the rights, interests or obligations under this
Agreement shall be assigned, in whole or in part, by operation of law or
otherwise by any of the parties without the prior written consent of the other parties,
except that the rights of the Investors and their Affiliates under Sections 1,
2, and 3 are fully assignable in connection with a transfer of securities of the
Company by any Investor or its Affiliates; provided, however, that no party may
be assigned any of the foregoing rights unless the Company is given written
notice at least seven (7) business days prior to any
assignment by such Investor or its Affiliates stating the name and
address of the assignee and identifying the securities of the Company as to
which the rights in question are being assigned; and provided further, that any
such assignee shall receive such assigned rights subject to all the terms and
conditions of this Agreement.

    

    (b)           Any attempt by a Shareholder to sell or transfer any
Company’s securities shall be void and the Company hereby agrees that it will
not effect such a transfer nor will it treat any alleged transferee as the
holder of such securities unless (i) the transferee in such transfer agrees in
writing to be subject to the terms hereof by executing and delivering a Deed of
Adherence substantially in the form attached hereto as Exhibit A (a “Deed of
Adherence”), (ii) such transfer complies in all respects with the applicable
provisions of the Bylaws and other agreements among the Shareholders, and (iii)
the transferee in such transfer complies in all respects with the applicable
securities laws.  Upon the execution and delivery of a Deed of
Adherence by such transferee, it shall be deemed to be a party hereto as a
Shareholder as if such transferee’s signature appeared on the signature page of
this Agreement.

    

    (c)           Subject to the preceding subsections (a) and (b), this
Agreement will be binding upon, inure to the benefit of, and be enforceable by,
the parties and their respective successors and assigns.

    

    10.           Enforcement.  The
parties agree that irreparable damage would occur in the event that any of the
provisions of this Agreement were not performed in accordance with their
specific terms or were otherwise breached.  It is accordingly agreed
that the parties shall be entitled to an injunction or injunctions to prevent
breaches of this Agreement and to enforce specifically the terms and provisions
of this Agreement in any court of the United States located in the State of
Nevada, this being in addition to any other remedy to which they are entitled at
law or in equity.  In addition, each of the parties hereto (a) agrees
that it will not attempt to deny or defeat such personal jurisdiction or venue
by motion or other request for leave from any such court, and (b) agrees that it
will not bring any action relating to this Agreement or any of the transactions
contemplated by this Agreement in any state court other than such
court.

    

    11.           Severability.  Whenever
possible, each provision or portion of any provision of this Agreement will be
interpreted in such manner as to be effective and valid under applicable law but
if any provision or portion of any provision of this Agreement is held to be
invalid, illegal or unenforceable in any respect under any applicable law or
rule in any jurisdiction, such invalidity, illegality or unenforceability will
not affect any other provision or portion of any provision in such jurisdiction,
and this Agreement will be reformed, construed and enforced in such jurisdiction
as if such invalid, illegal or unenforceable provision or portion of any
provision had never been contained herein.

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    12.           Counterparts.  This
Agreement may be executed simultaneously in two or more counterparts, any one of
which need not contain the signatures of more than one party, but all such
counterparts taken together will constitute one and the same
Agreement.  This Agreement, to the extent delivered by means of a
facsimile machine or electronic mail (any such delivery, an "Electronic
Delivery"), shall be treated in all manner and respects as an original agreement
or instrument and shall be considered to have the same binding legal effect as
if it were the original signed version thereof delivered in
person.  At the request of any party hereto, each other party hereto
shall re-execute original forms hereof and deliver them in person to all other
parties.  No party hereto shall raise the use of Electronic Delivery
to deliver a signature or the fact that any signature or agreement or instrument
was transmitted or communicated through the use of Electronic Delivery as a
defense to the formation of a contract, and each such party forever waives any
such defense, except to the extent such defense related to lack of
authenticity.

    

    13.           Covenants of the
Company.  Subject to compliance
with applicable laws, the Company agrees to use its best efforts to ensure that the rights granted hereunder are
effective and that the parties hereto enjoy the benefits
thereof.  Such actions may include, without limitation, the use of the
Company’s best efforts to cause the nomination and election of the
directors as provided above, by causing a meeting of shareholders to be held or by causing a written consent of shareholders to
be circulated.  The Company will not, by any voluntary action, avoid
or seek to avoid the observance or performance of any of the terms to be
performed hereunder by the Company, but will at all times in good faith assist
in the carrying out of all of the provisions of this Agreement and in the taking
of all such actions as may be necessary, appropriate or reasonably requested by
the holders of a majority of the outstanding voting securities held by the
parties hereto assuming conversion of all outstanding securities in order to
protect the rights of the parties hereunder against
impairment.

    

    [Signature
Page Follows]

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    IN
WITNESS WHEREOF, the undersigned have caused their duly authorized officers to
execute this Agreement as of the date first above written.

    

    
      
        
          	
                  GC
      CHINA TURBINE CORP.

                
	 
      
	
                  By: 

                	 
      
	
                  Name:

                
	
                  Title:

                
	
                   
      

                
	
                  GOLDEN
      WINDS HOLDINGS LIMITED

                
	 
      
	
                  By:

                	 
      
	
                  Name:

                
	
                  Title:

                

        

      

    

     

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    

    IN
WITNESS WHEREOF, the undersigned have caused their duly authorized officers to
execute this Agreement as of the date first above written.

    

    
      
        	
                NEW
      MARGIN GROWTH FUND, L.P.

              
	 
      
	
                By:

              	 
      
	
                Name:

              
	
                Title:

              
	 
      
	
                CEYUAN
      VENTURES II, L.P.

              
	 
      
	
                By:

              	 
      
	
                Name:

              
	
                Title:

              
	 
      
	
                CEYUAN
      VENTURES ADVISORS FUND II, LLC

              
	 
      
	
                By: 

              	 
      
	
                Name:

              
	
                Title:

              

      

    

     

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

    EXHIBIT A

     

    FORM OF DEED OF ADHERENCE

     

    THIS DEED OF ADHERENCE is made this __________ day of
____________by and between GC China Turbine Corp. f.k.a. Nordic Turbines, Inc.,
a Nevada corporation (“Company”), and________________________________
 (the “New Shareholder”).

     

    The Company and the New Shareholder shall be referred to
collectively as the Parties.

     

    WHEREAS:

     

    
      	
              (A)

            	
              As of [____], 2009, certain shareholders of the
      Company and the Company entered into an Investor Rights Agreement (the "Investor Rights
      Agreement"), a copy of which is attached hereto as Exhibit
      1.

            

    

     

    
      	
              (B)

            	
              The New Shareholder wishes to acquire an aggregate of _____________ _______________
      [INSERT NUMBER and TYPE/CLASS OF SECURITIES] in the capital of the Company from _______________________________  (the “Transferor”) and
      in accordance with the Investor Rights Agreement has agreed to enter into
      this Deed of Adherence (the
"Deed").

            

    

     

    
      	
              (C)

            	
              The Company is entering into this Deed on behalf
      of itself and as agent for all the existing Shareholders of the
      Company.

            

    

     

    NOW, THEREFORE, the Parties hereby agree as
follows:

     

    
      	
              1.

            	
              Interpretation. In this Deed, except as the
      context may otherwise require, all words and expressions defined in the
      Investor Rights Agreement shall have the same meanings when used
      herein.

            

    

     

    
      	
              2.

            	
              Covenant.  The New Shareholder hereby
      covenants to the Company as trustee for all other persons who are at
      present or who may hereafter become bound by the Investor Rights
      Agreement, and to the Company itself, to adhere to and be bound by all the
      duties, burdens and obligations of the Transferor imposed pursuant to the
      provisions of the Investor Rights Agreement and all documents expressed in
      writing to be supplemental or ancillary thereto as if the New Shareholder
      had been an original party to the Investor Rights Agreement since the date
      thereof.

            

    

     

    
      	
              3.

            	
              Enforceability.  Each existing
      Shareholder and the Company shall be entitled to enforce the Investor
      Rights Agreement against the New Shareholder, and the New Shareholder
      shall be entitled to all rights and benefits of the Transferor under the
      Investor Rights Agreement in each case as if such New Shareholder had been
      an original party to the Investor Rights Agreement since the date
      hereof.

            

    

     

    
      	
              4.

            	
              Governing Law.  This Deed shall be governed by, and construed in
      accordance with, the laws of the State of Nevada, regardless of the laws
      that might otherwise govern under applicable principles of conflicts of
      laws thereof.

            

    

     

    
      	
              5.

            	
              Counterparts.  This Deed may be signed
      in any number of counterparts which together shall form one and the same
      agreement.

            

    

     

    
      	
              6.

            	
              Further Assurance.  Each party agrees to
      take all such further action as may be reasonably necessary to give full
      effect to this Deed on its terms and
  conditions.

            

    

     

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

     

    
      	
              7.

            	
              Headings.  The headings used in this Deed are used for
      convenience only and are not to be considered in construing or
      interpreting this Agreement.

            

    

     

    [REMINDER OF THIS PAGE INTENTIONALLY LEFT
BLANK]

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

    IN WITNESS whereof the parties have executed and
delivered this Deed as a deed on the day and year first hereinbefore
mentioned.

    

    
      
        
          
            
              	
                      COMPANY:

                    
	 
      
	
                      Signed as a deed on behalf
    of

                    
	
                      GC CHINA TURBINE CORP.

                    
	 
      
	
                      By: 

                    	 
      
	
                      Name:

                    
	
                      Title:

                    
	 
      
	
                      NEW SHAREHOLDER:

                    
	 
      
	
                      signed as a deed on behalf
    of

                    
	
                      [NAME]

                    
	 
      
	
                      By:

                    	 
      
	
                      Name:

                    
	
                      Title:

                    

            

          

        

      

    

    

    [SIGNATURE PAGE
TO DEED OF ADHERENCE]

     

    
      
         

      

      
        12

        
          

        

      

      
         

      

    

    EXHIBIT 1 TO DEED OF ADHERENCE

    

    COPY OF INVESTOR RIGHTS
AGREEMENT

    
      
         

      

      
         13

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