Document:

f8k050610ex10v_sunnyside.htm

    Exhibit
10.5

    
 

    SALES
CONTRACT

    

    Party
A: Wuxi Linglang Electrical Appliance Mfg. Co., Ltd.

    Address: 3rd Furong Road,
Xishan Economic Development Zone, Wuxi City

    Legal
Representative:

    Tel:

    

    Party B: Jiangsu Dambon Mechanical &
Electrical Co., Ltd.

    Address: No. 10-8, Meiya Road,
Baohua Development Zone, Jurong City, Jiangsu Province

    Legal
Representative:

    Tel:

    

    In order
to strengthen the cooperation between the parties hereto and define their rights
and obligations, the parties, on the basis of friendly cooperation and mutual
benefit, agree as follows:

    

    
      Article
1.   Name,
quantity and Price of Products and Method of Placing Orders

    

    

    
      	
              1.  

            	
              Party
      B will purchase from Party A synchronous
      motors with the monthly quantity of about 50,000 units
      and an amount of RMB
      5,000,000.00.

            

    

    

    
      	
              2.  

            	
              The
      parties may increase or reduce the quantity of the products according to
      the market situation and the actual quantity shall be in conformity with
      the Delivery Note signed by Party
B.

            

    

    

    
      	
              3.  

            	
              The
      price of the products shall be determined by the market price of the
      products and confirmed by the parties hereto and filed with the financial
      department for recording.

            

    

    

    
      	
              4.  

            	
              For
      each order placed by Party B, a written or electronic order shall be
      provided to Party A, who shall provide the products as per the requirement
      of Party B. The quantity of the products delivered to Party B shall be in
      strict accordance with Party B’s order and may not be reduced or
      increased.

            

    

    

    
      Article
2.   Quality
Standard and Term for Raising Objection

    

    

    
      	
              1.  

            	
              The
      products shall conform to the specific size, material and standard
      mutually determined by the parties. Party A shall ensure that the quality
      of the products is stable and undergoing gradual
    improvement.

            

    

    

    
      	
              2.  

            	
              Party
      B shall conduct quality examination of the products after receiving
      products from Party B and shall, if wishing to raise any objections, send
      a written notice thereof to Party
A.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
              3.  

            	
              Party
      A shall timely change or take back the products upon the confirmation of
      the quality defects in the
products.

            

    

    

    
      Article
3.   Price
and Start-up Capital

    

    

    
      	
              1.  

            	
              Upon
      the execution of this Contract, Party A agrees to undertake RMB
      1,000,000.00 of the down payment for the products which shall be used as
      the start-up capital for the cooperation between Party A and Party
      B.

            

    

    

    
      	
              2.  

            	
              Within
      3 months upon the expiry of the cooperation or the termination or
      rescission of this Contract between the parties hereto, the start-up
      capital shall be paid up on a monthly basis without any
      interest.

            

    

    

    
      	
              3.  

            	
              Except
      the start-up capital, the payment for the products supplied by Party A to
      Party shall be made every 10 days, i.e, Party A shall check and verify the
      payment within 5 days before the amount payable to Party A falls due on
      the agreed date and Party B shall make the payment within 5 days after the
      amount payable to Party A falls due on the agreed
  date.

            

    

    

    
      	
              4.  

            	
              Where
      Party B fails to make the payment for the products 7 days beyond the said
      agreed date, Party A has the right to suspend the supply of the products
      and terminate this Contract if Party B fails to make the payment for the
      products 30 days beyond the said agreed
date.

            

    

    

    
      	
              5.  

            	
              In
      case of increase of purchase of the products by Party B from Party A, the
      start-up capital shall be increase accordingly the amount, which shall be
      separately negotiated by the parties
hereto.

            

    

    

    
      	
              6.  

            	
              As
      a support to Party B, Party A agrees to undertake 100% of the amount of
      the draft issued by Party B if that the said amount is not in excess of
      the total payment for the products purchased by Party
  B.

            

    

    

    
      	
              7.  

            	
              The
      specific amount of the draft issued by Party B shall be determined through
      the negotiation between the parties
hereto.

            

    

    

    
      Article
4.   Place
and Method of Delivery

    

    

    Party A
shall, after receiving Party B’s order, timely organize its production and
deliver the products within 2 days to the warehouse appointed by Party A and
provide a delivery note thereof for Party B’s confirmation. The cost for
transportation and other expenses shall be borne by Party A and Party B shall
provide a warehousing entry to Party B after it checks and verifies the
products.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      Article
5.   Undertakings
and Warranties

    

    

    
      	
              1.  

            	
              Party
      A undertakes to deliver conforming products supplied to Party B to the
      quality and exterior requirements agreed upon by the parties and not to
      make any arbitrary change. If any change is necessary, Party A shall
      negotiate with Party B and make the change thereof with the written
      confirmation from Party B. otherwise, all the consequences shall be borne
      by Party A. (See Appendixes hereto for the quality and exterior
      requirements).

            

    

    

    
      	
              2.  

            	
              Party
      A undertakes to supply the products in strict accordance with Party B’s
      order and shall not change the quantity or type of the products (even if
      for special reasons) without the written confirmation from Party B.
      otherwise, Party A shall be liable for breach of this Contract arising
      from the said change.

            

    

    

    
      	
              3.  

            	
              Party
      A undertakes to timely deliver the products to Party B according to the
      schedule prescribed in the order. In case of 4 accumulative days or 3
      successive days of Party B’s stoppage of assembly line due to the reasons
      attributable to Party A (except Force Majeure Events), Party A shall be
      liable for damages of breach of contract equivalent to RMB 10,000 yuan for
      each passing day which may be deducted from the payment for the products
      to Party A.

            

    

    

    
      	
              4.  

            	
              Party
      A shall be responsible for the quality of the product supplied to Party B.
      in case of any discrepancy between the quality and package products
      supplied and the acceptance standard agreed upon by the parties, Party B
      has the right to reject the products without having to bear any liability
      for any loss and/or expenses in relation to the products. In case of
      requirement for return of products by the consumers, Party A shall satisfy
      the requirement.

            

    

    

    
      	
              5.  

            	
              In
      case of such cost and expenses as fines as a result of the nonconformity
      of the design or license of the products with requirements of the relevant
      government authorities, Party A shall be solely responsible for the cost
      and expenses.

            

    

    

    
      	
              6.  

            	
              Party
      A shall be responsible for repairing and changing the products within 12
      months after their delivery.

            

    

    

    
      	
              7.  

            	
              In
      case of quality defects in the products, Party B has the right to suspend
      the rendition of the payment before the defect problems are
      settled.

            

    

    

    
      Article
6.   Validity
Term

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    This
Contract shall be valid for 1 year, commencing from November 1, 2009 and ending
on October 31, 2010.

    

    
      Article
7.   Dispute
Settlement

    

    In case
of any dispute arising from or in relation to this Contract, the Parties shall
settle the disputes through negotiation, failing which, the parties may file an
action with the people’s court under which jurisdiction they are respectively
located.

    

    Article
8.   Upon
the expiry of this Contract, the parties shall sign a separate contract in case
of contemplation of continual cooperation.

    

    Article
9.   This
Contract shall be made in duplicate with each copy held by either party which
shall take effect upon the signature or chop of both parties.

    

    Party
A:

    Legal
Representative:

    Date:

     

    Party B: Jiangsu Dambon
Mechanical & Electrical  Co., Ltd.

    Legal
Representative:

    Date:f8k050610ex10vi_sunnyside.htm

    Exhibit
10.6

    
 

    AGREEMENT
ON SALES INCENTIVE OF REGIONAL 

     

    DISTRIBUTORS
OF DAMBON COMPANY IN 2010

    

    Agreement
No.:____________

    

    Party A: Jiangsu Dambon
Mechanical & Electrical Co., Ltd. (“Dambon”)

    Tel:

    

    Party B:

    Tel:

    

    In order
to further promote the sale initiative of the regional distributors of Dambon,
enhance the cohesion and teamwork of the regional distributors, actively adopt
the objective management system and standardize and improve the marketing
policies of Dambon. Dambon decides to carry out “sales incentive” policy among
its regional distributors. The parties hereby agree as follows with respect to
the sales incentive after mutual negotiation:

    

    Article
1.    Within
the territory of Chongqing municipality, Party B sells Dambon’s Products under
Party A’s brand. Party B, if only selling the products of Dambon, shall be
classified as Class A, and then Class B if Party B simultaneously sells products
of other brands.

    

    Article
2.   The
requisite conditions for Party B to obtain the reward are as
follows:

    

    
      	
              1.  

            	
              Party
      B shall sign this Agreement with Party
A;

            

    

    

    
      	
              2.  

            	
              Party
      B shall accomplish the monthly assignment stipulated
    herein;

            

    

    

    
      	
              3.  

            	
              The
      dealer affiliated with Party B must sign with Dambon an Agreement on Rebate on Sales
      for Franchise Stores of Dambon Products in 2010 with the signature
      rate of up to 80%, namely, the sales volume of the franchise stores shall
      account for 80% of that of Party B;

            

    

    

    
      	
              4.  

            	
              Party
      B shall observe the marketing (pricing) policies of Party A and the
      dealers affiliated with Party B shall also comply with the relevant rules
      of Dambon;

            

    

    

    
      	
              5.  

            	
              Party
      B shall have its own store, and the decoration of the store or the
      exhibition of the sample products (the sample of the new products in
      particular) shall be in compliance with the relevant rules of Party
      A;

            

    

    

    
      	
              6.  

            	
              Party
      B shall fully settle the payment of the products with Party
    A;

            

    

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    
      	
              7.  

            	
              Party
      B shall submit to Party A a written report showing the sales volumes of
      the preceding month of the dealers affiliated with Party B prior to the
      10th
      of the current month; and

            

    

    

    
      	
              8.  

            	
              For
      Class B regional distributors, the sales volume of Dambon’s products shall
      be no less than 70% than as is stipulated
  herein.

            

    

    

    Article
3.   Sales
Incentive Scheme

    

    
      	
              1.  

            	
              Reward
      for accomplishment of the monthly sales quota: for Class A regional
      distributors who accomplish the sales objective of the current month, the
      reward shall be given on the basis of the actual sales volume, to be
      specific: RMB 1,000.00 for sales of less than 500 units; RMB 2,500.00 for
      sales of more than 500 units but less than 1,000 units; RMB 5,000.00 for
      sales of more than 1,001 units. For Class B regional distributors
      accomplishing the sales objective of the current month, the reward shall
      be given as follows: RMB 600.00 for sales of less than 500 units; RMB
      1,500.00 for sales of more than 500 units but less than 1,000 units; RMB
      3,000.00 for sales of more than 1,001
units.

            

    

    

    
      	
              2.  

            	
              Reward
      for over-fulfillment of the monthly sales quota: where the quotient of the
      actual sales volume divided by the current monthly quota is more than
      1.20, the reward is RMB 2,000.00; for the said quotient of more than 1.30,
      1.40 and 1.50, the rewards are RMB 4,000.00, RMB 7,000.00 and RMB
      10,000.00 respectively.

            

    

    

    
      	
              3.  

            	
              Progress
      Reward for the current month: for distributors accomplishing the monthly
      quota for two successive months and undergoing the biggest sales growth
      [calculation method: (the sales volume of the current month + the sales
      volume of the preceding month) ÷ the quota of the current month], the
      reward will be RMB 10,000.00.

            

    

    

    
      	
              4.  

            	
              Reward
      for biggest contribution of the current month: for distributors
      accomplishing the monthly quota of the current month and undergoing the
      biggest sales growth, the reward will be RMB 15,000.00. (Note: the rewards
      set for the current month may be obtained
  simultaneously).

            

    

    

    
      	
              5.  

            	
              Quarterly
      rolling reward: for distributors accomplishing the monthly quota of for
      three successive months of one quarter, the reward will be RMB
      10,000.00;

            

    

    

    
      	
              6.  

            	
              Annual
      comprehensive reward: a) for distributors accomplishing the monthly quota
      of for twelve successive months of the year, the reward will be RMB
      30,000.00. b) For distributors from top of the list down to the 5th in
      terms of sales volumes, the rewards will respectively be RMB100,000.00,
      RMB 60,000.00, RMB 30,000.00, RMB 20,000.00, RMB 10,000.00. c) for Class A
      distributors participating in the examination of 2009, the one on top of
      the list down to the 3rd in terms of sales increase [calculation method:
      (actual sales volume of 2010- actual sales volume of 2009) ÷the annual
      quota of 2010] shall be given rewards respectively of RMB 30,000.00, RMB
      20,000.00 and RMB 10,000.00. (Note: the rewards set for the current year
      may be obtained simultaneously).

            

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    Article
4.   Quota
for Party B

    

    
      	
              1.  

            	
              The
      principle for setting the quota: the quota shall be set on basis of the
      average sales volume of the three successive months (October, November and
      December) of the fourth quarter of 2009 and the actual market situation of
      the region where the distributor is
located.

            

    

    

    
      	
              2.  

            	
              The
      specific quota for each month:

            

    

    

    
      	
              1

            	
              2

            	
              3

            	
              4

            	
              5

            	
              6

            	
              7

            	
              8

            	
              9

            	
              10

            	
              11

            	
              12

            	
              Total

            
	
              1,000

            	
              600

            	
              1,000

            	
              1,000

            	
              1,000

            	
              1,000

            	
              1,100

            	
              1,100

            	
              1,100

            	
              1,200

            	
              1,200

            	
              1,200

            	
              12,500

            

    

    

    Article
5.   Method
to Grant the Reward

    

    
      	
              1.  

            	
              Party
      A may estimate the sales volume of the regional distributors of the
      preceding month between the first day and the fifth day of the current
      month and grant the reward between the 20th
      and the 30th
      day of the current month.

            

    

    

    
      	
              2.  

            	
              If
      Party A financially supports Party B in Party B’s decoration of the stores
      as of January 2010, the reward for Party B shall be used to set off the
      expenses for decorations.

            

    

    

    
      	
              3.  

            	
              Party
      A may deposit the reward directly into Party B’s bank account or use it to
      set off the payment for Party A’s
products.

            

    

    

    Article
6.   This
Agreement shall take effect on January 1st 2010 and expire on December 31
2010.

    

    Party A: Jiangsu Dambon
Electrical Machine Co., Ltd.

    Authorized Representative:
Wang Cunshen

    Date: January 10,
2010

    

    Party B:

    Date: January 10,
2010

     

     

     

     

     

    3

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