Document:

Filed by sedaredgar.com - USR Technology, Inc. - Exhibit 10.1

THE SECURITIES TO WHICH THIS AGREEMENT AND PLAN OF MERGER
RELATES HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR
THE SECURITIES COMMISSION OF ANY STATE, AND WILL BE ISSUED IN RELIANCE UPON AN
EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
“1933 ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT TO AN
EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT OR PURSUANT TO AN AVAILABLE
EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
REQUIREMENTS OF THE 1933 ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES
LAWS. 

AGREEMENT AND PLAN OF MERGER 

THIS AGREEMENT AND PLAN OF MERGER is made effective as
of the 26 of April, 2009 

AMONG: 

USR TECHNOLOGY, INC., a
publicly held Nevada corporation 

(“USR”) 

AND: 

ECOLOGIC TRANSPORTATION, INC.,
a privately held, Nevada corporation 

(“ECO”) 

AND: 

ECOLOGICAL ACQUISITION CORP., a
privately held, Nevada corporation

(“USR Sub”) 

WHEREAS: 

A.      USR Sub is a wholly-owned
subsidiary of USR; 

B.      The board of directors of each
of USR and ECO deem it advisable and in the best interests of their respective
companies and shareholders that ECO be merged (the “Merger”) with and
into USR Sub, with ECO remaining as the surviving corporation under the name
“Ecologic Transportation, Inc.”; 

C.      For federal income tax
purposes, USR, USR Sub and ECO intend that the Merger qualify as a
reorganization within the meaning of Section 368(a) of the Internal Revenue Code
of 1986, as amended (the “Code”), and that this Agreement shall be, and
hereby is, adopted as a plan of reorganization for purposes of Section 368(a) of
the Code; and 

D.      The boards of directors of
each of USR, USR Sub and ECO have approved this Agreement and Plan of Merger
(the “Agreement”) and the transactions contemplated hereby; and 

NOW THEREFORE THIS AGREEMENT WITNESSES that in
consideration of covenants and agreements set forth herein and other good and
valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto agree each with the other as follows: 

1.                      
DEFINITIONS 

1.1                    
Definitions. The following terms have the following meanings, unless the
context indicates otherwise: 

	 	(a) 	
      “Agreement” means this Agreement, and all the
      exhibits, schedules and other documents attached to or referred to in this
      Agreement, and all amendments and supplements, if any, to this
      Agreement;

	 	 	 
	 	(b) 	
      “ECO” has the meaning ascribed to it in the
      preamble to this Agreement;

	 	 	 
	 	(c) 	
      “ECO Common Stock” has the meaning ascribed to
      such term in Section 3.3 hereof;

	 	 	 
	 	(d) 	
      “ECO Financial Statements” means the financial
      statements of ECO included in Schedule 10 hereto and forming part of this
      Agreement;

	 	 	 
	 	(e) 	
      “ECO Shares” means the 17,309,486 shares of ECO
      Common Stock held by the Shareholders, being all of the issued and
      outstanding securities of ECO beneficially held, either directly or
      indirectly, by the Shareholders;

	 	 	 
	 	(f) 	
      “Applicable Securities Legislation” means all
      applicable securities legislation in all jurisdictions relevant to the
      issuance of the USR Shares;

	 	 	 
	 	(g) 	
      “USR” has the meaning ascribed to it in the
      preamble to this Agreement;

	 	 	 
	 	(h) 	
      “USR Common Stock” has the meaning ascribed to it
      in Section 3.3 hereto;

	 	 	 
	 	(i) 	
      “USR Shares” means up to 17,309,486 fully paid and
      non-assessable shares of the common stock of USR to be issued to the
      Shareholders on the Closing Date;

	 	 	 
	 	(j) 	
      “USR Warrants” has the meaning ascribed to it in
      Section 4.4 hereto;

	 	 	 
	 	(k) 	
      “Closing” means the completion of the Transaction,
      in accordance with Section 6 hereof, at which time the Closing Documents
      will be exchanged by the parties, except for those documents or other
      items specifically required to be exchanged at a later time;

	 	 	 
	 	(l) 	
      “Closing Date” means June 1, 2009, or a date
      mutually agreed upon by the parties hereto;

	 	 	 
	 	(m) 	
      “Closing Documents” means the papers, instruments
      and documents required to be executed and delivered at the Closing
      pursuant to this Agreement;

	 	 	 
	 	(n) 	
      “Code” has the meaning ascribed to such term in
      Recital C hereto;

	 	 	 
	 	(o) 	
      “Loss” means any and all demands, claims, actions
      or causes of action, assessments, losses, damages, liabilities, costs, and
      expenses, including without limitation, interest, penalties, fines and
      reasonable attorneys, accountants and other professional fees
  and

	 		
      expenses, but excluding any indirect, consequential or
      punitive damages suffered by any person or entity including damages for
      lost profits or lost business opportunities;

	 	 	 
	 	(p) 	
      “Merger” has the meaning ascribed to such term in
      Recital B hereto;

	 	 	 
	 	(q) 	
      “Merger Consideration” has the meaning ascribed to
      such term in Section 2.2(e) hereto;

	 	 	 
	 	(r) 	
      “OTC Bulletin Board” means the NASDAQ
      over-the-counter bulletin board;

	 	 	 
	 	(s) 	
      “Person” shall mean any individual, sole
      proprietorship, partnership, joint venture, trust, unincorporated
      organization, association, corporation, institution, government, entity or
      government or any group comprised of one or more of the
  foregoing.

	 	 	 
	 	(t) 	
      “Patents” means the patents listed in Schedule 13
      hereto;

	 	 	 
	 	(u) 	
      “Proposed Financing” has the meaning ascribed to
      such term in Section 3.21 hereto;

	 	 	 
	 	(v) 	
      “SEC” means the United States Securities and
      Exchange Commission;

	 	 	 
	 	(w) 	
      “SEC Reports” means the periodic and current
      reports filed by USR with the SEC pursuant to the 1934 Act;

	 	 	 
	 	(x) 	
      “Shareholders” means the Shareholders of ECO
      listed in Schedule 1 hereto;

	 	 	 
	 	(y) 	
      “Surviving Corporation” has the meaning ascribed
      to such term in Section 2.1 hereto;

	 	 	 
	 	(z) 	
      “Taxes” means any federal, state, local, or
      foreign income, gross receipts, license, payroll, employment, excise,
      severance, stamp, occupation, premium, windfall profits, environmental
      (including taxes under Internal Revenue Code 59A), customs duties, capital
      stock, franchise, profits, withholding, social security (or similar),
      unemployment, disability, real property, personal property, sales, use,
      transfer, registration, value added, alternative or add-on minimum,
      estimated, or other tax of any kind whatsoever, including any interest,
      penalty, or addition thereto, whether disputed or not and including any
      obligations to indemnify or otherwise assume or succeed to the Tax
      liability of any other Person.

	 	 	 
	 	(aa) 	
      “Tax Return” means any return, declaration,
      report, claim for refund, or information return or statement relating to
      Taxes, including any schedule or attachment thereto, and including any
      amendment thereof;

	 	 	 
	 	(bb) 	
      “Transaction” means the merger of USR Sub into ECO
      and the issuance of the USR Shares to the Shareholders;

	 	 	 
	 	(cc) 	
      “Transmittal Documents” has the meaning ascribed
      to such term in Section 2.3 hereto;

	 	 	 
	 	(dd) 	
      “1933 Act” means the United States Securities Act
      of 1933, as amended;

	 	 	 
	 	(ee) 	
      “1934 Act” means the United States Securities
      Exchange Act of 1934, as amended; and,

	 	(ff) 	
      Schedules. The following schedules are attached to
      and form part of this Agreement:

	 	Schedule 1 	- 	Shareholders 
	 	Schedule 2 	- 	Directors and Officers of ECO
  
	 	Schedule 3 	- 	Directors and Officers of USR
    
	 	Schedule 4 	- 	ECO Liabilities 
		Schedule 5 	- 	ECO Leases, Subleases, Claims,
      Capital Expenditures, Taxes and Other Property Interests 
	 	Schedule 6 	- 	ECO Material Contracts 
	 	Schedule 7A 	- 	Certificate of U.S. Shareholder
    
	 	Schedule 7B 	-	Certificate of Non-U.S.
      Shareholder 
	 	Schedule 8 	- 	ECO Employees and Consultants
    
	 	Schedule 9 	-	Trademarks and Patents 
	 	Schedule 10 	- 	ECO Financial Statements 
		Schedule 11 	- 	ECO Actions, Proceedings,
      Judgements, Orders and Claims 

1.2                     Currency.
   All dollar amounts referred to in this Agreement are in United States
  funds, unless expressly stated otherwise. 

2.                     MERGER
TRANSACTION

2.1                    
Merger. On and subject to the terms and conditions of this Agreement, USR
Sub will merge with and into ECO at the Effective Time (as defined below). ECO
shall be the corporation surviving the Merger (the “Surviving
Corporation”).

2.2                     Effect
of Merger. 

	 	(a) 	
      General. The Merger shall become effective on the
      date and at the time (the “Effective Time”) ECO and USR Sub file
      the Articles of Merger with the State of Nevada. The Merger shall have the
      effect set forth in the Nevada Revised Statutes. The Surviving Corporation
      may, at any time after the Effective Time, take any action (including
      executing and delivering any document) in the name and on behalf of either
      ECO or USR Sub in order to carry out and effectuate the transactions
      contemplated by this Agreement.

	 	 	 
	 	(b) 	
      Articles of Incorporation. The Articles of
      Incorporation of Surviving Corporation shall be the Articles of
      Incorporation of ECO immediately prior to the Effective Time.

	 	 	 
	 	(c) 	
      Bylaws. The Bylaws of Surviving Corporation shall
      be the Bylaws of ECO immediately prior to the Effective Time.

	 	 	 
	 	(d) 	
      Directors and Officers. The directors and officers
      of ECO shall be and remain the directors and officers of Surviving
      Corporation at and as of the Effective Time, each holding the office with
      the Surviving Corporation that he or she held with ECO immediately prior
      to the Effective Time.

	 	 	 
	 	(e) 	
      Conversion of Securities. At and as of the
      Effective Time, the ECO Shares shall be converted into the right to
      receive USR Shares (for each Shareholder a fractional share resulting from
      conversion of its aggregate holdings will be rounded up to the nearest
      whole share) which USR Shares will be issued to the Shareholders on a
      basis of one (1)

	 		
      USR Share for each ECO Share held (the “Merger
      Consideration”). No ECO securities shall be deemed to be outstanding
      or to have any rights other than those described and provided for in this
      Section 2 at and after the Effective Time.

	 	 	 
	 	(f) 	
      Termination of Options to Purchase ECO Shares. At
      and as of the Effective Time, each outstanding option or right to purchase
      or acquire any securities of ECO to which ECO is a party shall terminate
      and no longer represent any right to purchase any securities of ECO, USR
      or USR Sub.

	 	 	 
	 	(g) 	
      Conversion of USR Sub Securities. At and as of the
      Effective Time, all USR Sub securities shall be converted into 17,309,486
      shares of common stock of the Surviving Corporation, as such are
      constituted immediately following the Effective Time, and shall be
      registered in the name of USR.

	 	 	 
	 	(h) 	
      Dissenting Shares. Each outstanding ECO share, the
      holder of which has not approved the Transaction and demanded and
      perfected its demand for payment of the fair value of its shares in
      accordance with applicable corporate laws (“Appraisal Rights”) and
      has not effectively withdrawn or lost its right to such payment
      (“Dissenting Shares”) shall not be converted into or represent a
      right to receive USR Shares pursuant to Section 2.2(e) hereof, and the
      holder thereof shall be entitled only to such rights as are granted by the
      Appraisal Rights. Each holder of Dissenting Shares who becomes entitled to
      payment for its ECO Shares pursuant to Appraisal Rights shall receive
      payment therefor from the Surviving Corporation (but only after the amount
      thereof shall have been agreed upon or finally determined pursuant to the
      Appraisal Rights).

	 	 	 
	 	(i) 	
      Effect of Merger. On the Effective Date, the
      Surviving Corporation, without further act, deed or other transfer, shall
      retain or succeed to, as the case may be, and possess and be vested with
      all the rights, privileges, immunities, powers, franchises and authority,
      of a public as well as of a private nature, of ECO and USR Sub; all
      property of every description and every interest therein, and all debts
      and other obligations of or belonging to or due to each of ECO or USR Sub
      on whatever account shall thereafter be taken and deemed to be held by or
      transferred to, as the case may be, or invested in the Surviving
      Corporation without further act or deed, title to any real estate, or any
      interest therein vested in ECO or USR Sub, shall not revert or in any way
      be impaired by reason of this merger; and all of the rights of creditors
      of ECO and USR Sub shall be preserved unimpaired, and all liens upon the
      property of ECO and USR Sub shall be preserved unimpaired, and all debts,
      liabilities, obligations and duties of the respective corporations shall
      thenceforth remain with or be attached to, as the case may be, the
      Surviving Corporation and may be enforced against it to the same extent as
      if all of said debts, liabilities, obligations and duties had been
      incurred or contracted by it.

2.3                     Procedure
for Exchange of Shares. Immediately after the Effective Time, USR shall mail
or cause to be mailed by mail or courier to the Shareholders (excluding the
holders of Dissenting Shares) at their addresses as they appear on the books and
records of ECO the following documents (the “Transmittal Documents”): (i)
a letter of transmittal for the Shareholders to use in surrendering the
certificates representing their ECO Shares in exchange for certificates
representing the USR Shares to which they are entitled pursuant to the
conversion under Section 2.2(e) hereof; (ii) instructions for effecting the
surrender of such ECO Shares in exchange for the Merger Consideration; and (iii)
an accredited investor certificate in the form attached as Schedule 7A or a
Non-U.S. person certificate in the form attached as Schedule 7B to this
Agreement. The USR Shares to be issued to the Shareholders shall 

be, as of the Effective Time, fully paid and non-assessable and
shall be issued by USR upon USR’s receipt of the respective Shareholder’s duly
executed Transmittal Documents pursuant to a safe harbor from the prospectus and
registration requirements of the 1933 Act. All certificates representing the USR
Shares, when issued in accordance with the terms of this Agreement, will be
endorsed with restrictive legends substantially in the same form as the
following legends pursuant to the 1933 Act, in order to reflect the fact that
these are restricted securities and will be issued to the Shareholders pursuant
to a safe harbor from the registration requirements of the 1933 Act: 

                    
        For Selling Shareholders not resident in the
  United States: 

  
    
      
        “THE SECURITIES REPRESENTED HEREBY HAVE BEEN OFFERED
          IN AN OFFSHORE TRANSACTION TO A PERSON WHO IS NOT A U.S. PERSON (AS
          DEFINED HEREIN) PURSUANT TO REGULATION S UNDER THE UNITED STATES SECURITIES
          ACT OF 1933, AS AMENDED (THE “1933 ACT”). 

        NONE OF THE SECURITIES REPRESENTED HEREBY HAVE BEEN
          REGISTERED UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES LAWS, AND,
          UNLESS SO REGISTERED, MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY,
          IN THE UNITED STATES (AS DEFINED HEREIN) OR TO U.S. PERSONS EXCEPT IN
          ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE 1933 ACT, PURSUANT
          TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, OR PURSUANT
          TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO,
          THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY
          IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. IN ADDITION, HEDGING
          TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN
          COMPLIANCE WITH THE 1933 ACT. “UNITED STATES” AND “U.S.
          PERSON” ARE AS DEFINED BY REGULATION S UNDER THE 1933 ACT.”
        

      

    

  

                    
        For Selling Shareholders resident in the United
  States: 

  
    
      
        “NONE OF THE SECURITIES REPRESENTED HEREBY HAVE
          BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED
          (THE “1933 ACT”), OR ANY U.S. STATE SECURITIES LAWS, AND,
          UNLESS SO REGISTERED, MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY,
          IN THE UNITED STATES (AS DEFINED HEREIN) OR TO U.S. PERSONS EXCEPT IN
          ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE 1933 ACT, PURSUANT
          TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, OR PURSUANT
          TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO,
          THE REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY
          IN ACCORDANCE WITH APPLICABLE STATE SECURITIES LAWS. IN ADDITION, HEDGING
          TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN
        

      

    

  

  
    
      
        COMPLIANCE WITH THE 1933 ACT. “UNITED STATES”
          AND “U.S. PERSON” ARE AS DEFINED BY REGULATION S UNDER THE
          1933 ACT.” 

      

    

  

2.4                     No
Fractional Shares of USR Common Stock. No certificates or scrip or shares of
USR Common Stock representing fractional shares of USR Common Stock or
book-entry credit of the same shall be issued upon the surrender for exchange of
the ECO Shares.

2.5                     Restricted
Shares. ECO acknowledges that the USR Shares issued pursuant to the terms
and conditions set forth in this Agreement will have such hold periods as are
required under Applicable Securities Legislation and as a result may not be
sold, transferred or otherwise disposed of, except pursuant to an effective
registration statement under the 1933 Act, or pursuant to an exemption from, or
in a transaction not subject to, the registration requirements of the 1933 Act
and in each case only in accordance with all Applicable Securities
Legislation.

2.6                     Lost
Certificates. If any certificate for ECO Shares shall have been lost, stolen
or destroyed, upon the making of an affidavit of that fact by the Person
claiming such certificate to be lost, stolen or destroyed and, if required by
USR, the posting by such Person of a bond in such reasonable amount as USR may
direct as indemnity against any claim that may be made against it with respect
to such certificate, USR will deliver in exchange for such lost, stolen or
destroyed certificate the applicable Merger Consideration with respect to the
shares of ECO Common Stock formerly represented thereby.

2.7                     Further
Assurances. After the Effective Time, the officers and directors of the
Surviving Corporation will be authorized to execute and deliver, in the name and
on behalf of USR, any deeds, bills of sale, assignments or assurances and to
take and do, in the name and on behalf of USR, any other actions and things to
vest, perfect or confirm of record or otherwise in the Surviving Corporation any
and all right, title and interest in, to and under any of the rights, properties
or assets acquired or to be acquired by the Surviving Corporation as a result
of, or in connection with, the Merger.

3.                     
 REPRESENTATIONS AND WARRANTIES OF ECO 

Except as set forth in the disclosure schedules attached
hereto, and except as disclosed in the ECO Financial Statements, ECO represents
and warrants to USR, and acknowledges that USR is relying upon such
representations and warranties, in connection with the execution, delivery and
performance of this Agreement, notwithstanding any investigation made by or on
behalf of USR, as follows: 

3.1                    
Organization and Good Standing. ECO is a corporation duly organized,
validly existing and in good standing under the laws of the State of Nevada and
has the requisite corporate power and authority to own, lease and to carry on
its business as now being conducted.

3.2                    
Authority. ECO has all requisite corporate power and authority to execute
and deliver this Agreement and any other document contemplated by this Agreement
(collectively, the “ECO Documents”) to be signed by ECO and to perform
its obligations hereunder and to consummate the transactions contemplated
hereby. The execution and delivery of this Agreement by ECO and the consummation
by ECO of the transactions contemplated thereby have been duly authorized by all
necessary corporate action on the part of ECO, subject to approval by its
stockholders. This Agreement has been, and the other ECO Documents when executed
and delivered by ECO will be, duly executed and delivered by ECO and this
Agreement is, and the other ECO Documents when executed and delivered by 

ECO as contemplated hereby will be, valid and binding
obligations of ECO enforceable in accordance with their respective terms except:

	 	(a) 	
      as limited by applicable bankruptcy, insolvency,
      reorganization, moratorium, and other laws of general application
      affecting enforcement of creditors’ rights generally;

	 	 	 
	 	(b) 	
      as limited by laws relating to the availability of
      specific performance, injunctive relief, or other equitable remedies;
      and

	 	 	 
	 	(c) 	
      as limited by public policy.

3.3                     Capitalization
of ECO. The entire authorized capital stock and other equity securities of
ECO consists of: (i) 110,000,000 shares of common stock, par value $0.001 (the
“ECO Common Stock”) issued and outstanding as of the date of this
Agreement. All of the issued and outstanding ECO Shares have been duly
authorized, are validly issued, were not issued in violation of any pre-emptive
rights and are fully paid and non-assessable, are not subject to pre-emptive
rights and were issued in full compliance with the general corporate laws of the
State of Nevada and its articles and bylaws. There are no agreements to which
ECO is a party purporting to restrict the transfer of the ECO Common Stock, no
voting agreements, voting trusts, or other arrangements restricting or affecting
the voting of the ECO Common Stock.

3.4                     Shareholders
of ECO. The Shareholders, as listed in Schedule 1 to this Agreement, are the
only registered holders of the ECO Shares. 

3.5                     Directors
and Officers of ECO. The duly elected or appointed directors and officers of
ECO are as set out in Schedule 2 to this Agreement. 

3.6                     Subsidiary.
ECO has no subsidiaries

3.7                     Non-Contravention.
Neither the execution, delivery and performance of this Agreement, nor the
consummation of the Transaction, will: 

	 	(a) 	
      conflict with, result in a violation of, cause a default
      under (with or without notice, lapse of time or both) or give rise to a
      right of termination, amendment, cancellation or acceleration of any
      obligation contained in or the loss of any material benefit under, or
      result in the creation of any lien, security interest, charge or
      encumbrance upon any of the material properties or assets of ECO under any
      term, condition or provision of any loan or credit agreement, note,
      debenture, bond, mortgage, indenture, lease or other material agreement,
      instrument, permit, license, judgment, order, decree, statute, law,
      ordinance, rule or regulation applicable to ECO, or any of its material
      property or assets;

	 	 	 
	 	(b) 	
      violate any provision of the articles or bylaws of ECO;
      or

	 	 	 
	 	(c) 	
      violate any order, writ, injunction, decree, statute,
      rule, or regulation of any court or governmental or regulatory authority
      applicable to ECO or any of its material property or
  assets.

3.8                    
Actions and Proceedings. To the best knowledge of ECO, except as listed
on Schedule 14 hereto, there is no action, suit, judgment, claim, demand or
proceeding, outstanding or pending, or threatened against or affecting ECO or
its subsidiaries, or which involves any of the business, or the 

properties or assets of ECO that, if adversely resolved or
determined, would have a material adverse effect on the business, operations,
assets, properties, prospects, or conditions of ECO taken as a whole (an “ECO
Material Adverse Effect”). 

3.9                    
Compliance. 

	 	(a) 	
      To the best knowledge of ECO, ECO and its subsidiaries
      are in compliance with, are not in default or violation in any material
      respect under, and have not been charged with or received any notice at
      any time of any material violation of any statute, law, ordinance,
      regulation, rule, decree or other applicable regulation to the business or
      operations of ECO;

	 	 	 
	 	(b) 	
      To the best knowledge of ECO, neither ECO nor its
      subsidiaries are subject to any judgment, order or decree entered in any
      lawsuit or proceeding applicable to its business and operations that would
      constitute a ECO Material Adverse Effect, except as listed on Schedule 14;
      and

	 	 	 
	 	(c) 	
      To the best knowledge of ECO, ECO and its subsidiaries
      have operated in material compliance with all laws, rules, statutes,
      ordinances, orders and regulations applicable to its business. ECO has not
      received any notice of any violation thereof, nor is ECO aware of any
      valid basis therefore.

3.10                   Filings,
Consents and Approvals. To the best knowledge of ECO, no filing or
registration with, no notice to and no permit, authorization, consent, or
approval of any public or governmental body or authority or other person or
entity is necessary for the consummation by ECO of the Transaction contemplated
by this Agreement or to enable ECO to continue to conduct its business after the
Closing Date in a manner which is consistent with that in which the business is
presently conducted. 

3.11                   Absence
of Undisclosed Liabilities. Except as disclosed in this Agreement or in the
ECO Financial Statements, ECO does not have any liabilities or obligations
either direct or indirect, matured or unmatured, absolute, contingent or
otherwise that could in the aggregate exceed $10,000, which have not
heretofore been paid or discharged, other than in the ordinary course of
business.

For purposes of this Agreement, the term “liabilities”
includes, any direct or indirect indebtedness, guaranty, endorsement, claim,
loss, damage, deficiency, cost, expense, obligation or responsibility, fixed or
unfixed, known or unknown, asserted choate or inchoate, liquidated or
unliquidated, secured or unsecured. 

3.12                   Absence
of Changes. Except as disclosed in this Agreement, in Schedule 6 or in the
ECO Financial Statements, since December 31, 2009, ECO has not: 

	 	(a) 	
      failed to pay or discharge when due any liabilities of
      which the failure to pay or discharge has caused or will cause any
      material damage or risk of material loss to it or any of its assets or
      properties;

	 	 	 
	 	(b) 	
      sold, encumbered, assigned or transferred any material
      fixed assets or properties except for ordinary course business
      transactions consistent with past practice;

	 	 	 
	 	(c) 	
      created, incurred, assumed or guaranteed any indebtedness
      for money borrowed, or mortgaged, pledged or subjected any of the material
      assets or properties of ECO to any

	 		
      mortgage, lien, pledge, security interest, conditional
      sales contract or other encumbrance of any nature whatsoever;

	 	 	 
	 	(d) 	
      made or suffered any amendment or termination of any
      material agreement, contract, commitment, lease or plan to which it is a
      party or by which it is bound, or cancelled, modified or waived any
      substantial debts or claims held by it or waived any rights of substantial
      value, other than in the ordinary course of business;

	 	 	 
	 	(e) 	
      declared, set aside or paid any dividend or made or
      agreed to make any other distribution or payment in respect of its capital
      shares or redeemed, purchased or otherwise acquired or agreed to redeem,
      purchase or acquire any of its capital shares or equity
  securities;

	 	 	 
	 	(f) 	
      suffered any damage, destruction or loss, whether or not
      covered by insurance, that materially and adversely effects its business,
      operations, assets, properties or prospects;

	 	 	 
	 	(g) 	
      suffered any material adverse change in its business,
      operations, assets, properties, prospects or condition (financial or
      otherwise);

	 	 	 
	 	(h) 	
      received notice or had knowledge of any actual or
      threatened labor trouble, termination, resignation, strike or other
      occurrence, event or condition of any similar character which has had or
      might have an adverse effect on its business, operations, assets,
      properties or prospects;

	 	 	 
	 	(i) 	
      made commitments or agreements for capital expenditures
      or capital additions or betterments exceeding in the aggregate $5,000,
      except such as may be involved in ordinary repair, maintenance or
      replacement of its assets;

	 	 	 
	 	(j) 	
      other than in the ordinary course of business, increase
      the salaries or other compensation of, or made any advance (excluding
      advances for ordinary and necessary business expenses) or loan to, any of
      its employees or directors or made any increase in, or any addition to,
      other benefits to which any of its employees or directors may be entitled
      other than to increase salaries of certain employees to market rates in
      accordance to the projections previously provided USR by ECO; or

	 	 	 
	 	(k) 	
      agreed, whether in writing or orally, to do any of the
      foregoing.

3.13                   Personal
Property. ECO possesses, and has good and marketable title of all property
necessary for the continued operation of the business of ECO and as presently
conducted and as represented to USR. All such property is used in the business
of ECO. All such property is in reasonably good operating condition, and is
reasonably fit for the purposes for which such property is presently used. All
material equipment, furniture, fixtures and other tangible personal property and
assets owned or leased by ECO are owned by ECO free and clear of all liens,
security interests, charges, encumbrances, and other adverse claims, except as
disclosed in Schedule 6 to this Agreement.

3.14                   Intellectual
Property. ECO does not have any intellectual property other than as
disclosed on Schedule 9.

3.15                   Real
Property. ECO does not own any real property but has a month to month lease
on its office space. Each of the leases, subleases, claims, capital
expenditures, Taxes or other real property interests (collectively, the
“Leases”) to which ECO is a party or is bound, as set out in Schedule 5
to this 

Agreement, is legal, valid, binding, enforceable and in full
force and effect in all material respects. The Leases will continue to be legal,
valid, binding, enforceable and in full force and effect on identical terms on
the Closing Date. ECO has not assigned, transferred, conveyed, mortgaged, deeded
in trust, or encumbered any interest in the Leases or the leasehold property
pursuant thereto. 

3.16                  
Material Contracts and Transactions. Schedule 6 to this Agreement lists
each material contract, agreement, license, permit, arrangement, commitment,
instrument or contract to which ECO is a party (each, a “Contract”).
Subject to Section 6.2(p) hereof, the continuation and validity of each Contract
will in no way be affected by the consummation of the Transaction contemplated
by this Agreement. There exists no actual or threatened termination,
cancellation, or limitation of, or any amendment, modification, or change to any
Contract. 

3.17                   Certain
Transactions. ECO is not a guarantor or indemnitor of any indebtedness of
any third party, including any person, firm or corporation.

3.18                   No
Brokers. ECO has not incurred any obligation or liability to any party for
any brokerage fees, agent’s commissions, or finder’s fees in connection with the
Transaction contemplated by this Agreement. 

3.19                   Completeness
of Disclosure. No representation or warranty by ECO in this Agreement nor
any certificate, schedule, statement, document or instrument furnished or to be
furnished to USR pursuant hereto contains or will contain any untrue statement
of a material fact. 

3.20                   Financial
Condition. ECO has delivered all financial statements required under
applicable securities laws to be filed by USR in connection with the
Transaction, which information is true in all material respects.

3.21                   Stock
Consolidation. ECO hereby acknowledges that it is aware that USR will
undertake a two (2) old for one (1) new reverse stock split of its authorized
and issued and outstanding shares of its common stock prior to the Closing Date
(the “Stock Consolidation”). 

4.                      
REPRESENTATIONS AND WARRANTIES OF USR AND USR SUB 

Each of USR and USR Sub represent and warrant to ECO and
acknowledge that ECO is relying upon such representations and warranties in
connection with the execution, delivery and performance of this Agreement,
notwithstanding any investigation made by or on behalf of ECO, as follows: 

4.1                     Organization
and Good Standing.

                         (a)       
USR is a corporation duly organized, validly existing and in good standing under
the laws of the state of Nevada and has the requisite corporate power and
authority to own, lease and carry on its business as it is now being conducted.
There is no pending or threatened proceeding for the dissolution or liquidation
of USR. 

                         (b)       
USR Sub is a corporation duly organized, validly existing and in good standing
under the laws of the State of Nevada. USR Sub was formed solely for the purpose
of the Merger and has no business, assets, liabilities, contracts or commitments
other than as set forth in this Agreement. There is no pending or threatened
proceeding for the dissolution or liquidation of USR Sub. 

                         (c)       
Except for USR Sub, USR (i) does not, directly or indirectly, own any interest
in any corporation, partnership, joint venture, limited liability company, or
other Person, and (ii) is not subject to any obligation or requirement to
provide funds to or to make any investment (in the form of a loan, capital
contribution or otherwise) in any Person.

                         (d)       
USR is duly qualified or licensed to do business and is in good standing in each
jurisdiction in which the nature of its business or the properties owned or
leased by it makes such qualification or licensing necessary, except for any
such jurisdiction where the failure to so qualify or be licensed, individually
and in the aggregate for all such jurisdictions, would not reasonably be
expected to have a USR Material Adverse Effect (as defined herein). 

                         (e)       
USR has provided complete and accurate copies of the Articles of Incorporation
and Bylaws of USR and USR Sub, as currently in effect, and minutes and other
records of the meetings and other proceedings of the Board of Directors and
stockholders of USR. Neither USR nor USR Sub is in violation of any provisions
of its Articles of Incorporation or Bylaws. 

4.2                     Authority.

                         (a)       
Each of USR and USR Sub has the requisite corporate power and authority to enter
into this Agreement, to perform its obligations thereunder, and to consummate
the transactions contemplated thereby. The execution and delivery of this
Agreement and any other document contemplated by this Agreement (collectively,
the “USR Documents”) by USR and USR Sub and the consummation by USR and
USR Sub of the transactions contemplated thereby have been duly authorized by
all necessary corporate action on the part of USR and USR Sub. This Agreement
has been duly executed and delivered by USR and USR Sub and constitutes a legal,
valid and binding obligation of USR and USR Sub, enforceable against each of
them in accordance with its terms, except: (i) as limited by applicable
bankruptcy, insolvency, reorganization, moratorium, and other laws of general
application affecting enforcement of creditors’ rights generally; (ii) as
limited by laws relating to the availability of specific performance, injunctive
relief, or other equitable remedies; and, (iii) as limited by public policy.. No
vote or approval of the shareholders of USR is required in connection with the
Merger.

                         (b)       
The execution and delivery by USR and USR Sub of this Agreement does not, and
the consummation of the transactions contemplated thereby will not, (i) conflict
with, or result in a violation of, any provision of bylaws or other charter
documents of USR or USR Sub, (ii) constitute or result in a breach of or default
(or an event which with notice or lapse of time, or both, would constitute a
default) under, or result in the termination or suspension of, or accelerate the
performance required by, or result in a right of termination, cancellation or
acceleration of any obligation or a loss of a benefit under, any note, bond,
mortgage, indenture, deed of trust, lease, permit, concession, franchise,
license, agreement or other instrument or obligation to which USR is a party or
to which the properties or assets of USR or USR Sub are subject, (iii) create
any lien upon any of the properties or assets of USR or USR Sub, or (iv)
constitute, or result in, a violation of any law applicable to USR or USR Sub or
any of the properties or assets of either of them. 

                         (c)      
 No consent, approval, order or authorization of, notice to, registration
or filing with any governmental authority or other Person is necessary in
connection with the execution and delivery of this Agreement by USR and USR Sub
or the consummation by USR and USR Sub of the transactions contemplated by this
Agreement, except for (i) filing of the Articles of Merger with the Nevada
Secretary of State, (ii) the filing of a Form D and related state securities law
notices in connection with the issuance of USR Common Stock in connection with
the Merger and (iii) the filing of a current report on Form 8-K with the SEC
announcing completion of the Merger.

4.3                    
Maximum Liabilities. Immediately prior to Closing, other than
professional fees, USR will not have any net liabilities or net obligations
either direct or indirect, matured or unmatured, absolute, contingent or
otherwise, after taking into account USR’s cash and cash equivalents and
receivables, that could in the aggregate exceed $20,000 which have not been paid
or discharged at that time. 

4.4                     Capitalization
of USR.

                         (a)       
Prior to the Stock Consolidation, the authorized capital stock of USR consists
of 150,000,000 shares of common stock with a par value of $0.001 (the “USR
Common Stock”). The issued and outstanding capital stock of USR consists
entirely of 15,020,017 shares of USR Common Stock. All issued and outstanding
shares of USR Common Stock are validly issued and outstanding, fully paid and
nonassessable and free of preemptive rights. There are USR warrants issued to
purchase 180,500 pre-consolidated shares of USR common stock at an exercise
price of $1.25 per share (the “USR Warrants”). There are no other
outstanding options, warrants, subscription rights (including any preemptive
rights), calls, or commitments, or convertible notes or instruments of any
character whatsoever to which USR is a party or is bound, requiring or which
could require the issuance, sale or transfer by USR of any shares of capital
stock of USR or any securities convertible into or exchangeable or exercisable
for, or rights to purchase or otherwise acquire, any shares of capital stock of
USR. There are no stock appreciation rights or similar rights relating to USR.
USR will have issued and outstanding no more than 11,020,017 pre consolidated
shares of USR Common Stock (5,510,009 post-consolidated shares of USR Common
Stock) immediately prior to the issuance of the USR Shares as contemplated by
this Agreement. Neither USR nor any of its representatives have received any
formal or informal notification from FINRA or other official party or
representative that that USR common stock is not authorized (with or without the
passage of time) for continued trading on the OTC Bulletin Board. 

                         (b)       
The authorized capital of USR Sub consists of 150,000,000 shares of common
stock, $0.001 par value per share, of which one (1) share is issued and
outstanding and held by USR. Other than such outstanding shares, there are no
shares of capital stock or other equity securities of USR Sub outstanding and no
outstanding options, warrants, subscription rights (including any preemptive
rights), calls, or commitments, or convertible notes or instruments of any
character whatsoever to which USR or USR Sub is a party or is bound, requiring
or which could require the issuance, sale or transfer by USR or USR Sub of any
shares of capital stock of USR Sub, any securities convertible into or
exchangeable or exercisable for, or rights to purchase or otherwise acquire, any
shares of capital stock of USR Sub. There are no stock appreciation rights or
similar rights relating to USR Sub. 

                         (c)       
To the knowledge of USR, all of the shares of USR Common Stock issued and
outstanding immediately prior to the date of this Agreement have been issued in
compliance with the 1933 Act and applicable state securities laws in reliance on
exemptions from registration or qualification thereunder. 

4.5                     Duly
Authorized. All of the issued and outstanding shares of USR Common Stock
have been duly authorized, are validly issued, were not issued in violation of
any pre-emptive rights and are fully paid and non-assessable, are not subject to
pre-emptive rights and were issued in full compliance with all federal, state,
and local laws, rules and regulations. Other than the share issuances
contemplated by this Agreement, there are no outstanding options, warrants,
subscriptions, phantom shares, conversion rights, or other rights, agreements,
or commitments obligating USR to issue any additional shares of USR Common
Stock, or any other securities convertible into, exchangeable for, or evidencing
the right to subscribe for or acquire from USR any shares of USR Common Stock as
of the date of this Agreement. There are no agreements purporting to restrict
the transfer of the USR Common Stock, no voting agreements, voting trusts, or
other arrangements restricting or affecting the voting of the USR Common Stock.

4.6                    
Ownership of USR Sub, No Prior Activities. As of the date hereof and as
of the Effective Time, except for obligations or liabilities incurred in
connection with its incorporation or organization and the transactions
contemplated by this Agreement and except for this Agreement and any other
agreements or arrangements contemplated hereby or thereby, USR Sub has not and
will not have incurred, directly or indirectly, any obligations or liabilities
or engaged in any business activities of any type or kind whatsoever or entered
into any agreements or arrangements with any person. 

4.7                     Directors
and Officers of USR. The duly elected or appointed directors and the duly
appointed officers of USR are as listed on Schedule 3 to this Agreement. 

4.8                     Corporate
Records. The books and records of USR have been maintained and preserved in
accordance with applicable regulations and business practices. The corporate
minutes books of USR and USR Sub are complete and correct and the minutes and
consents contained therein accurately reflect actions taken at a duly called and
held meeting or by sufficient consent without a meeting. All actions by USR and
USR Sub which required director or shareholder approval are reflected on the
respective corporate minute books. 

4.9                     Non-Contravention.
Neither the execution, delivery and performance of this Agreement, nor the
consummation of this Transaction will: 

                         (a)       
conflict with, result in a violation of, cause a default under (with or without
notice, lapse of time or both) or give rise to a right of termination,
amendment, cancellation or acceleration of any obligation contained in or the
loss of any material benefit under, or result in the creation of any lien,
security interest, charge or encumbrance upon any of the material properties or
assets of USR under any term, condition or provision of any loan or credit
agreement, note, debenture, bond, mortgage, indenture, lease or other agreement,
instrument, permit, license, judgment, order, decree, statute, law, ordinance,
rule or regulation applicable to USR or any of its material property or assets;

                         (b)      
 violate any provision of the applicable incorporation or charter documents
of USR; or 

                         (c)       
violate any order, writ, injunction, decree, statute, rule, or regulation of any
court or governmental or regulatory authority applicable to USR or any of its
material property or assets. 

4.10                   Contracts
and Commitments. 

                         (a)    
 Except for this Agreement and the agreements and transactions specifically
contemplated by this Agreement, neither USR nor USR Sub is a party to or subject
to, nor plans to enter into: 

                                             (i)           
any agreement or other commitments requiring any payments or performance of
services by USR or USR Sub; 

                                             (ii)         
any agreement or other commitments containing covenants limiting the freedom of
USR or USR Sub to compete in any line of business or with any Person or in any
geographic location or to use or disclose any information in their possession;

                                            
(iii)         any license agreement (as
licensor or licensee) or royalty agreement; 

                                             (iv)         any
agreement of indemnification, other than indemnification rights granted in the
Bylaws of USR; 

                                             (v)         
any agreement or undertaking pursuant to which USR is: (A) borrowing or is
entitled to borrow any money; (B) lending or has committed itself to lend any
money; or (C) a guarantor or surety with respect to the obligations of any
Person; 

                                            
(vi)         any powers of attorney
granted by USR; and 

                                            
(vii)        any leases of real or personal
property. 

                         (b)       
USR is not in violation or breach of any contract. There does not exist any
event or condition that, after notice or lapse of time or both, would constitute
an event of default or breach under any contract on the part of USR or, to the
knowledge of USR, any other party thereto or would permit the modification,
cancellation or termination of any contract or result in the creation of any
lien upon, or any person acquiring any right to acquire, any assets of USR or
USR Sub. USR has not received in writing any claim or threat that USR or USR Sub
has breached any of the terms and conditions of any contract. 

                         (c)       
The consent of, or the delivery of notice to or filing with, any party to a
contract is not required for the execution and delivery by USR of this Agreement
or the consummation of the transactions contemplated under the Agreement. 

4.11                   Validity
of USR Shares. The USR Shares to be issued to the Shareholders upon
consummation of the Transaction in accordance with this Agreement will, upon
issuance, have been duly and validly authorized and, when so issued in
accordance with the terms of this Agreement, will be duly and validly issued,
fully paid and non-assessable.

4.12                   Actions
and Proceedings. There is no legal action, claim, charge, arbitration,
grievance, action, suit, investigation or proceeding by or before any court,
arbiter, administrative agency or other governmental authority now (i) pending
or, to the knowledge of USR, threatened against USR which involves any of the
business, or the properties or assets of USR that, if adversely resolved or
determined, would have a material adverse effect on the business, operations,
assets, properties, prospects or conditions of USR taken as a whole (a “USR
Material Adverse Effect”) or pending or, to the knowledge of USR, threatened
against any current employee, officer or director of USR that, in any way
relates to USR. USR is not subject to any order, judgment, writ, injunction or
decree of any governmental authority.

4.13                   Compliance.

                         (a)      
 To the best knowledge of USR, USR is in compliance with, is not in default
or violation in any material respect under, and has not been charged with or
received any notice at any time of any material violation of any statute, law,
ordinance, regulation, rule, decree or other applicable regulation to the
business or operations of USR; 

                         (b)       
To the best knowledge of USR, USR is not subject to any judgment, order or
decree entered in any lawsuit or proceeding applicable to its business and
operations that would constitute a USR Material Adverse Effect; 

                         (c)      
 USR has duly filed all reports and returns required to be filed by it with
governmental authorities and has obtained all governmental permits and other
governmental consents, except as may be required after the execution of this
Agreement. All of such permits and consents are in full force and effect, and no
proceedings for the suspension or cancellation of any of them, and no
investigation relating to any of them, is pending or to the best knowledge of
USR, threatened, and none of them will be affected in a material adverse manner
by the consummation of the Transaction; and 

                         (d)       
USR has operated in material compliance with all laws, rules, statutes,
ordinances, orders and regulations applicable to its business. USR has not
received any notice of any violation thereof, nor is USR aware of any valid
basis therefore. 

4.14                   Filings,
Consents and Approvals. USR will conduct or obtain any filing, registration,
permit or authorization from any public or governmental body or authority or
other person that is necessary for the consummation by USR of the Transaction
contemplated by this Agreement and to continue to conduct its business after the
Closing Date in a manner which is consistent with that in which it is presently
conducted. 

4.15                  
SEC Filings. 

                         (a)       
USR has furnished or made available to ECO and the Shareholders a true and
complete copy of each report, schedule, registration statement and proxy
statement filed by USR with the SEC (collectively, and as such documents have
since the time of their filing been amended, the “USR SEC Reports”). USR
has filed all SEC Reports required by it to be filed with the SEC and such
reports have been filed timely or within any period of extension for filing
allowed under applicable rules. The USR SEC Reports (i) at the time filed,
complied in all material respects with the applicable requirements of the 1934
Act, as the case may be, and (ii) did not at the time they were filed (or if
amended or superseded by a filing prior to the date of this Agreement, then on
the date of such filing) contain any untrue statement of a material fact or omit
to state a material fact required to be stated in such USR SEC Reports or
necessary in order to make the statements in such USR SEC Reports, in light of
the circumstances under which they were made, not misleading.

                         (b)       
Each of the financial statements (including, in each case, any related notes),
contained in the USR SEC Reports, including any USR SEC Reports filed after the
date of this Agreement until the Closing, complied, as of its respective filing
date, in all material respects with all applicable accounting requirements and
the published rules and regulations of the SEC with respect thereto, was
prepared in accordance with GAAP applied on a consistent basis throughout the
periods involved and fairly presented the consolidated financial position of USR
as at the respective dates and the results of its operations and cash flows for
the periods indicated, except that the unaudited interim financial statements
were or are subject to normal and recurring year-end adjustments which were not
or are not expected to be material in amount.

                         (c)       
Between August 28, 2008 and the date hereof, except as disclosed in USR SEC
Reports, there has not been any change in the business, operations or financial
condition of USR that has had or reasonably would be expected to have a material
adverse effect on USR. 

                         (d)       
USR and USR Sub do not have any liability or obligation (absolute, accrued,
contingent or otherwise) other than those which arose in the ordinary course of
their activities or under this Agreement. 

4.16                   Absence
of Undisclosed Liabilities. Immediately prior to Closing, other than
professional fees, USR will not have any net liabilities or net obligations
either direct or indirect, matured or unmatured, absolute, contingent or
otherwise, after taking into account USR’s cash and cash equivalents and
receivables, that could in the aggregate exceed $20,000 which have not been paid
or discharged at that time. 

4.17                   Absence
of Certain Changes or Events. Except as and to the extent disclosed in the
SEC Reports, there has not been: 

	 	(a) 	
      a USR Material Adverse Effect; or

	 	 	 
	 	(b) 	
      any material change by USR in its accounting methods,
      principles or practices.

4.18                  
No Subsidiaries. Other than Ecological Acquisition Corp., USR does
not have any subsidiaries or agreements of any nature to acquire any subsidiary
or to acquire or lease any other business operations. 

4.19                  
Personal Property. There are no fixtures, furniture, equipment,
inventory, intellectual property, accounts receivable or other assets other than
cash and its interest in this Agreement owned by USR. USR is not a party to any
leases for real or personal property. 

4.20                   Employees
and Consultants. USR does not have any employees or consultants, except as
disclosed in the SEC Reports. No unfair labor practice, or race, sex, age,
disability or other discrimination complaint is pending, nor is any such
complaint, to the knowledge of USR, threatened against USR before the National
Labor Relations Board, Equal Employment Opportunity Commission or any other
governmental authority, and no grievance is pending, nor is any grievance, to
the knowledge of USR, threatened against USR or USR Sub. 

4.21                  
Material Contracts and Transactions. There are no material contracts,
agreements, licenses, permits, arrangements, commitments, instruments,
understandings or contracts, whether written or oral, express or implied,
contingent, fixed or otherwise, to which USR is a party. 

4.22                  
No Disagreements with Accountants and Lawyers. There are no disagreements
of any kind presently existing, or reasonably anticipated by USR to arise,
between the accountants, and lawyers formerly or presently employed by USR, and
USR is current with respect to any fees owed to its accountants and lawyers.

4.23                   Transactions
With Affiliates and Employees. None of the current officers or directors of
USR and none of the affiliates or employees of USR is presently a party to any
transaction with USR (other than for services as employees, officers and
directors), including any contract, agreement or other arrangement providing for
the furnishing of services to or by, providing for rental of real or personal
property to or from, or otherwise requiring payments to or from any officer,
director or such employee or, to the knowledge of USR, any entity in which any
officer, director, or any such employee has a substantial interest or is an
officer, director, trustee or partner. 

4.24                  
Listing on the OTC Bulletin Board. The USR Common Stock is quoted on the
OTC Bulletin Board and USR has and continues to satisfy all of the requirements
of the OTC Bulletin Board for such listing and for the trading of USR Common
Stock thereunder. USR has not been informed, nor does it have any knowledge,
that the Financial Industry Regulatory Authority or any other regulatory agency
will take action to cease the USR Common Stock from being quoted on the OTC
Bulletin Board. 

4.25                   No
Brokers. USR has not incurred any obligation or liability to any party for
any brokerage fees, agent’s commissions, or finder’s fees in connection with the
Transaction contemplated by this Agreement. 

4.26                  
Benefit Plans. USR has not adopted nor is it party to any bonus, pension,
profit sharing, deferred compensation, incentive compensation, stock ownership,
stock purchase, stock option, phantom stock, retirement, vacation, severance,
disability, death benefit, hospitalization, medical or other employee benefit
plan, arrangement or understanding (whether or not legally binding) providing
benefits to any current or former employee, officer or director of USR or any
person affiliated with USR under Section 414(b), (c), (m) or (o) of the Code;
provided except to the extent permitted in Section 5.2 hereof. 

4.27                   Certain
Transactions. USR is not a guarantor or indemnitor of any indebtedness of
any third party, including any person, firm or corporation. 

4.28                   Completeness
of Disclosure. No representation or warranty by USR in this Agreement nor
any certificate, schedule, statement, document or instrument furnished or to be
furnished to ECO pursuant hereto contains or will contain any untrue statement
of a material fact or omits or will omit to state a material fact required to be
stated herein or therein or necessary to make any statement herein or therein
not materially misleading. 

4.29                  
Tax Matters.

                    
     (a) Other than as disclosed to ECO, USR has filed
all Tax Returns and reports that is was required to file under applicable laws
and regulations. All such Tax Returns were correct and complete in all material
respects and have been prepared in substantial compliance with all applicable
laws and regulations. All Taxes due and owing by USR (whether or not shown on
any Tax Return) have been paid. No claim has ever been made by an authority in a
jurisdiction where USR does not file Tax Returns that it is or may be subject to
taxation by that jurisdiction. There are not Liens for Taxes (other than Taxes
not yet due and payable) upon any of the assets of USR. There are no pending
audits of notice of returns being audited.

                          (b)
USR has withheld and paid all Taxes required to have been withheld and paid in
connection with any amounts paid or owing to any employee, independent
contractor, creditor, stockholder or other third party. 

4.30                   SEC
Comments. Except as provided to ECO, USR has received no comments from SEC
with respect to its SEC Reports filed with the SEC.

5.                      
CLOSING CONDITIONS 

5.1                     Conditions
Precedent to Closing by USR. The obligation of USR to consummate the
Transaction is subject to the satisfaction or waiver of the conditions set forth
below on or before the Closing Date or such earlier date as hereinafter
specified. The Closing of the Transaction contemplated by this Agreement will be
deemed to mean the satisfaction or waiver of all conditions to Closing. These
conditions of closing are for the benefit of USR and may be waived by USR in its
sole discretion. 

	 	(a) 	
      Representations and Warranties. The
      representations and warranties of ECO set forth in this Agreement will be
      true, correct and complete in all respects as of the Closing Date, as
      though made on and as of the Closing Date and ECO will have delivered to
      USR a certificate dated as of the Closing Date, to the effect that the
      representations and warranties made by ECO in this Agreement are true and
      correct.

	 	(b) 	
      Performance. All of the covenants and obligations
      that ECO is required to perform or to comply with pursuant to this
      Agreement at or prior to the Closing must have been performed and complied
      with in all material respects.

	 	 	 	 
	 	(c) 	
      Transaction Documents. This Agreement, the ECO
      Documents and all other documents necessary or reasonably required to
      consummate the Transaction, all in form and substance reasonably
      satisfactory to USR, will have been executed and delivered to USR by ECO
      and the Shareholders.

	 	 	 	 
	 	(d) 	
      Approvals. ECO shall have delivered to USR minutes
      of meetings, written consents or other evidence satisfactory to USR that
      the board of directors of ECO and Shareholders have approved this
      Agreement and the Plan of Merger. On the Closing Date, ECO will take all
      actions reasonably required to promptly file with the Secretary of State
      of the State of Nevada the Certificate of Merger.

	 	 	 	 
	 	(e) 	
      Secretary’s Certificate – ECO. ECO will
      have delivered to USR a certificate from the Secretary of ECO
      attaching:

	 	 	 	 
	 		(i) 	
      a copy of ECO’s articles, bylaws and all other
      incorporation documents, as amended through the Closing Date,
  and,

	 	 	 	 
	 		(ii) 	
      copies of resolutions duly adopted by the board of
      directors of ECO approving the execution and delivery of this Agreement
      and the consummation of the transactions contemplated herein.

	 	 	 	 
	 	(f) 	
      Third Party Consents. ECO will have delivered to
      USR duly executed copies of all third party consents and approvals
      required by this Agreement to be obtained by ECO, in form and substance
      reasonably satisfactory to USR.

	 	 	 	 
	 	(g) 	
      Shareholder Approval. ECO will have obtained the
      required Shareholder approvals required by the Transaction in form and
      substance reasonably satisfactory to USR.

	 	 	 	 
	 	(h) 	
      Regulatory Approvals and Consents. ECO will have
      obtained all approvals and consents required to carry out the Transaction,
      in form and substance reasonably satisfactory to USR.

	 	 	 	 
	 	(i) 	
      No Material Adverse Change. No ECO Material
      Adverse Effect will have occurred since the date of this
  Agreement.

	 	 	 	 
	 	(j) 	
      No Action. No suit, action, or proceeding will be
      pending or threatened which would:

	 	 	 	 
	 		(i) 	
      prevent the consummation of any of the transactions
      contemplated by this Agreement, or,

	 	 	 	 
	 		(ii) 	
      cause the Transaction to be rescinded following
      consummation.

	 	 	 	 
	 	(k) 	
      Outstanding Securities. ECO will have no more than
      17,509,486 shares of ECO Common Stock issued and outstanding on the
      Closing Date.

	 	(l) 	
      Public Disclosure. ECO will have delivered
      substantive information about its assets and personnel satisfactory to USR
      for completion of its public disclosure of the Transaction
  details.

	 	 	 
	 	(m) 	
      Compliance with Securities Laws. ECO will have
      delivered evidence satisfactory to USR that the ECO Shares issuable in the
      Transaction will be issuable without registration pursuant to the 1933 Act
      and the Applicable Securities Legislation in reliance on a safe harbor
      from the registration requirements of the 1933 Act and the Applicable
      Securities Legislation.

	 	 	 
	 	(n) 	
      Financial Statements. ECO will have delivered all
      financial statements of ECO prepared in US GAAP required to be filed by
      USR under Applicable Securities Legislation.

	 	 	 
	 	(o) 	
      ECO Debts. At the Closing ECO shall have no
      liabilities, other than those in the ordinary course of business other
      than as disclosed in the Schedules hereto outstanding.

	 	 	 
	 	(p) 	
      ECO Legal Opinion. USR will have received an
      opinion, dated as of the Closing Date, from counsel for ECO, and such
      other local or special counsel as is appropriate, all of which opinion
      will be in the form and substance reasonably satisfactory to USR and its
      counsel.

5.2                     Conditions
Precedent to Closing by ECO. The obligation of ECO to consummate the
Transaction is subject to the satisfaction or waiver of the conditions set forth
below on or before the Closing Date or such earlier date as hereinafter
specified. The Closing of the Transaction will be deemed to mean the
satisfaction or waiver of all conditions to Closing. These conditions precedent
are for the benefit of ECO and may be waived by ECO in its discretion. 

	 	(a) 	
      Representations and Warranties. The
      representations and warranties of USR and USR Sub set forth in this
      Agreement will be true, correct and complete in all respects as of the
      Closing Date, as though made on and as of the Closing Date and USR and USR
      Sub will have delivered to ECO a certificate dated the Closing Date, to
      the effect that the representations and warranties made by USR and USR Sub
      in this Agreement are true and correct.

	 	 	 
	 	(b) 	
      Performance. All of the covenants and obligations
      that USR is required to perform or to comply with pursuant to this
      Agreement at or prior to the Closing must have been performed and complied
      with in all material respects. USR and USR Sub must have delivered each of
      the documents required to be delivered by it pursuant to this
      Agreement.

	 	 	 
	 	(c) 	
      Compliance. Upon the closing of this Agreement,
      USR will be in compliance with its reporting requirements under the 1934
      Act.

	 	 	 
	 	(d) 	
      Transaction Documents. This Agreement, the USR
      Documents and all other documents necessary or reasonably required to
      consummate the Transaction, all in form and substance reasonably
      satisfactory to ECO, will have been executed and delivered to ECO by USR
      and USR Sub.

	 	(e) 	
      Secretary’s Certificate – USR and USR Sub. Each of
      USR and USR Sub will have delivered to ECO a certificate from their
      respective Secretary attaching:

	 	 	 	 
	 		(i) 	
      a copy of the articles of incorporation, bylaws and all
      other incorporation documents, as amended through the Closing Date,
    and

	 	 	 	 
	 		(ii) 	
      copies of resolutions duly adopted by the boards of
      directors of USR and USR Sub and copies of consents of the shareholder of
      USR Sub approving the execution and delivery of this Agreement and the
      consummation of the transactions contemplated herein.

	 	 	 	 
	 	(f) 	
      Approvals. USR and USR Sub shall have delivered to
      ECO minutes of meetings, written consents or other evidence satisfactory
      to ECO that the board of directors of USR and USR Sub have approved this
      Agreement and the Plan of Merger and USR, as sole stockholder of USR Sub,
      has approved the Plan of Merger and Certificate of Merger. On the Closing
      Date, ECO and USR Sub are taking all actions reasonably required to
      promptly file with the Secretary of State of the State of Delaware the
      Certificate of Merger.

	 	 	 	 
	 	(g) 	
      Director Appointments. On the Closing Date,
      William N. Plamondon III, Edward W Withrow III, Edward W Withrow
      Jr. and Shelly Meyers (the “Proposed Directors”) shall be appointed to the
      board of USR subject to applicable securities laws, provided that
      immediately prior to Closing the total number of board members of USR
      shall not exceed one (1) member. On the Closing Date, USR’s board of
      directors shall consist of William N. Plamondon III, Edward W
      Withrow III, Edward W Withrow Jr., Shelly Meyers and John L.
  Ogden.

	 	 	 	 
	 	(h) 	
      No Material Adverse Change. No USR Material
      Adverse Effect will have occurred since the date of this
  Agreement.

	 	 	 	 
	 	(i) 	
      No Action. No suit, action, or proceeding will be
      pending or threatened before any governmental or regulatory authority
      wherein an unfavorable judgment, order, decree, stipulation, injunction or
      charge would:

	 	 	 	 
	 		(i) 	
      prevent the consummation of any of the transactions
      contemplated by this Agreement, or

	 	 	 	 
	 		(ii) 	
      cause the Transaction to be rescinded following
      consummation.

	 	 	 	 
	 	(j) 	
      Outstanding Shares. USR will have issued and
      outstanding no more than 11,020,017 pre consolidated shares of USR Common
      Stock (5,510,009 post-consolidated shares of USR Common Stock) immediately
      prior to the issuance of the USR Shares as contemplated by this Agreement
      and USR warrants to purchase 180,500 pre- consolidated shares of USR
      common stock at an exercise price of $1.25 per share.

	 	 	 	 
	 	(k) 	
      Regulatory Approvals and Consents. USR will have
      obtained all necessary approvals and consents to carry out the
      Transaction, in form and substance reasonably satisfactory to
  ECO.

	 	 	 	 
	 	(l) 	
      Public Market. On the Closing Date, the shares of
      USR Common Stock will be quoted on the OTC Bulletin Board. USR has not
      been informed, nor does it have any

	 		
      knowledge, that the NASD or any other regulatory agency
      will take action to cease the USR Common Stock from being quoted on the
      OTC Bulletin Board.

	 	 	 
	 	(m) 	
      USR Debts. USR will have provided evidence that it
      has satisfied or will otherwise provide for payment or cancellation of all
      material debt on its books and accounts payable.

	 	 	 
	 	(n) 	
      Assumption of Contracts. USR will enter into a
      mutually agreeable form of assignment and assumption agreement with ECO
      whereby it will assume all of ECO obligations under the ECO material
      agreements listed in Schedule 6 hereto.

	 	 	 
	 	(o) 	
      Stock Consolidation. USR will have conducted a two
      (2) old for one (1) new reverse stock split of its authorized and issued
      and outstanding shares of its common stock.

	 	 	 
	 	(p) 	
      Stock Cancellation. USR will have cancelled an
      aggregate of 4,000,000 pre- consolidation restricted shares of its common
      stock.

	 	 	 
	 	(q) 	
      USR Legal Opinion. ECO will have received a legal
      opinion, dated as of the Closing Date, from counsel for USR, and such
      other local or special legal counsel as is appropriate, all of which
      opinion shall be in the form and substance reasonably satisfactory to ECO
      and its counsel.

5.3                     Notification
of Financial Liabilities. ECO will immediately notify USR in accordance with
Section 9.6 hereof, if ECO receives any advice or notification from its
independent certified public accounts that ECO has used any improper accounting
practice that would have the effect of not reflecting or incorrectly reflecting
in the books, records, and accounts of ECO, any properties, assets, liabilities,
revenues, or expenses. Notwithstanding any statement to the contrary in this
Agreement, this covenant will survive Closing and continue in full force and
effect. 

5.4                     Access
and Investigation. Between the date of this Agreement and the Closing Date,
ECO, on the one hand, and USR, on the other hand, will, and will cause each of
their respective representatives to: 

	 	(a) 	
      afford the other and its representatives full and free
      access to its personnel, properties, assets, contracts, books and records,
      and other documents and data;

	 	 	 
	 	(b) 	
      furnish the other and its representatives with copies of
      all such contracts, books and records, and other existing documents and
      data as required by this Agreement and as the other may otherwise
      reasonably request; and,

	 	 	 
	 	(c) 	
      furnish the other and its representatives with such
      additional financial, operating, and other data and information as the
      other may reasonably request.

All of such access, investigation and communication by a party
and its representatives will be conducted during normal business hours and in a
manner designed not to interfere unduly with the normal business operations of
the other party. Each party will instruct its auditors to co-operate with the
other party and its representatives in connection with such investigations. 

5.5                     Confidentiality.

	 	(a) 	
      All information regarding the business of ECO including,
      without limitation, financial information that ECO provided to USR will be
      kept in strict confidence by USR and will not be given to any other person
      or party or used (except in connection with due diligence and except as
      required to file a news release and 8-K disclosure regarding the
      transaction to the public after the Closing), dealt with, exploited or
      commercialized by USR or disclosed to any third party (other than USR’s
      professional accounting and legal advisors) without the prior written
      consent of ECO. If the Transaction contemplated by this Agreement does not
      proceed for any reason, then upon receipt of a written request from ECO,
      USR will immediately return to ECO (or as directed by ECO) any information
      received regarding ECO’s business, including copies thereof. Likewise, all
      information regarding the business of USR including, without limitation,
      financial information that USR provides to ECO during its due diligence
      investigation of USR will be kept in strict confidence by ECO and will not
      be used (except in connection with due diligence), dealt with, exploited
      or commercialized by ECO or disclosed to any third party (other than ECO’s
      professional accounting and legal advisors) without USR’s prior written
      consent. If the Transaction contemplated by this Agreement does not
      proceed for any reason, then upon receipt of a written request from USR,
      ECO will immediately return to USR (or as directed by USR) any information
      received regarding USR’s business. Each party will provide an affidavit to
      the other that all documents were returned.

	 	 	 
	 	(b) 	
      USR and ECO acknowledge and agree, subject to disclosure
      obligations under Applicable Securities Legislation or other laws or
      regulations, that neither party will make any public pronouncements
      concerning the terms of this Agreement without the express written consent
      of the other party, such consent will not be unreasonably
  withheld.

	 	 	 
	 	(c) 	
      ECO acknowledges and agrees to neither trade nor allow
      any of its employees or agents to trade in the securities of USR prior to
      Closing while in possession of material information about USR that has not
      been publicly disclosed.

	 	 	 
	 	(d) 	
      USR acknowledges and agrees that it has previously
      executed a non-disclosure agreement with ECO and that it will continue to
      be obligated by the terms of that non- disclosure
  agreement.

5.6                     Notification.
Between the date of this Agreement and the Closing Date, each of the parties to
this Agreement will promptly notify the other parties in writing if it becomes
aware of any fact or condition that causes or constitutes a material breach of
any of its representations and warranties as of the date of this Agreement, if
it becomes aware of the occurrence after the date of this Agreement of any fact
or condition that would cause or constitute a material breach of any such
representation or warranty had such representation or warranty been made as of
the time of occurrence or discovery of such fact or condition. Should any such
fact or condition require any change in the Schedules relating to such party,
such party will promptly deliver to the other parties a supplement to the
Schedules specifying such change. During the same period, each party will
promptly notify the other parties of the occurrence of any material breach of
any of its covenant in this Agreement or of the occurrence of any event that may
make the satisfaction of such conditions impossible or unlikely. 

5.7                     Exclusivity.
Until such time, if any, as this Agreement is terminated pursuant to this
Agreement, but in no event later than June 1, 2009, ECO and USR will not,
directly or indirectly solicit, 

initiate, entertain or accept any inquiries or proposals from,
discuss or negotiate with, provide any non-public information to, or consider
the merits of any unsolicited inquiries or proposals from, any person or entity
relating to any transaction involving the sale of the business or assets (other
than in the ordinary course of business), or any of the capital stock of ECO or
USR, as applicable, or any merger, consolidation, business combination, or
similar transaction other than as contemplated by this Agreement. 

5.8                     Conduct
of ECO and USR Business Prior to Closing. Except as expressly contemplated
by this Agreement or for purposes in furtherance of this Agreement, from the
date of this Agreement to the Closing Date, and except to the extent that USR
otherwise consents in writing, ECO will operate its business substantially as
presently operated and only in the ordinary course and in compliance with all
applicable laws, and use its best efforts to preserve intact its good reputation
and present business organization and to preserve its relationships with persons
having business dealings with it. Likewise, from the date of this Agreement to
the Closing Date, and except to the extent that ECO otherwise consents in
writing, USR will operate its business substantially as presently operated and
only in the ordinary course and in compliance with all applicable laws, and use
its best efforts to preserve intact its good reputation and present business
organization and to preserve its relationships with persons having business
dealings with it. 

5.9                     Full
Disclosure Requirement. USR possesses, or expects to possess on or before
the required filing date, all of the financial statements and financial
information required to be included in the Report on Form 8-K to be filed by USR
within four (4) business days after the consummation on the transactions
contemplated by this Agreement. ECO will use its commercially reasonable best
efforts to cooperate fully in providing USR with all information and
documentation reasonably requested.

5.10                  
Post Closing - USR. USR acknowledges that the Shareholders may require
legal opinions on the removal of the restrictive legends on the share
certificates pursuant to Rule 144 of the 1933 Act in order to sell their USR
Shares in the future. When a Shareholder reasonably requests it of USR, USR will
pay for an attorney of USR’s choice to supply the legal opinion the Shareholder
and will cooperate fully in providing the Shareholders with all information and
documentation reasonably requested.

5.11                   Certain
Acts Prohibited – ECO. Except as expressly contemplated by this Agreement or
for purposes in furtherance of this Agreement, between the date of this
Agreement and the Closing Date, ECO will not, without the prior written consent
of USR: 

	 	(a) 	
      amend its articles, bylaws or other incorporation
      documents;

	 	 	 
	 	(b) 	
      incur any liability or obligation other than in the
      ordinary course of business or encumber or permit the encumbrance of any
      properties or assets of ECO except in the ordinary course of
    business;

	 	 	 
	 	(c) 	
      dispose of or contract to dispose of any ECO property or
      assets, except in the ordinary course of business consistent with past
      practice;

	 	 	 
	 	(d) 	
      issue, deliver, sell, pledge or otherwise encumber or
      subject to any lien any shares of the ECO Common Stock, or any rights,
      warrants or options to acquire, any such shares, voting securities or
      convertible securities;

	 	 	 
	 	(e) 	
      declare, set aside or pay any dividends on, or make any
      other distributions in respect of the ECO Common
Stock;

	 	(f) 	
      split, combine or reclassify any ECO Common Stock or
      issue or authorize the issuance of any other securities in respect of, in
      lieu of or in substitution for shares of ECO Common Stock; or,

	 	 	 
	 	(g) 	
      materially increase benefits or compensation expenses of
      ECO, other than as contemplated by the terms of any employment agreement
      in existence on the date of this Agreement, increase the cash compensation
      of any director, executive officer or other key employee or pay any
      benefit or amount not required by a plan or arrangement as in effect on
      the date of this Agreement to any such person.

5.12                   Certain
Acts Prohibited - USR. Except as expressly contemplated by this Agreement or
for purposes in furtherance of this Agreement, between the date of this
Agreement and the Closing Date, USR will not, without the prior written consent
of ECO: 

	 	(a) 	
      incur any liability or obligation or encumber or permit
      the encumbrance of any properties or assets of USR except in the ordinary
      course of business consistent with past practice;

	 	 	 
	 	(b) 	
      dispose of or contract to dispose of any USR property or
      assets except in the ordinary course of business consistent with past
      practice;

	 	 	 
	 	(c) 	
      materially increase benefits or compensation expenses of
      USR, increase the cash compensation of any director, executive officer or
      other key employee or pay any benefit or amount to any such person;
    or

	 	 	 
	 	(d) 	
      issue, deliver, sell, pledge, dispose of or encumber, or
      authorize or commit to the issuance, sale, pledge, disposition or
      encumbrance of, any shares of capital stock of any class, or any options,
      warrants, convertible securities or other rights of any kind to acquire
      any shares of capital stock, or any other ownership interest (including,
      but not limited to, stock appreciation rights or phantom stock), of
      Company;

5.13                   Public
Announcements. Until the Closing Date, USR and ECO each agree that they will
not release or issue any reports or statements or make any public announcements
relating to this Agreement or the Transaction contemplated herein without the
prior written consent of the other party, except as may be required upon written
advice of counsel to comply with applicable laws or regulatory requirements
after consulting with the other party hereto and seeking their reasonable
consent to such announcement. ECO acknowledges that USR must comply with
Applicable Securities Legislation requiring full disclosure of material facts
and agreements in which it is involved, and will co-operate to assist USR in
meeting its obligations.

6.                     
 CLOSING 

6.1                     Closing.
The Closing will take place on the Closing Date at the offices of the legal
counsel for USR or at such other location as agreed to by the parties.
Notwithstanding the location of the Closing, each party agrees that the Closing
may be completed by the exchange of undertakings between the respective legal
counsel for ECO and USR, provided such undertakings are satisfactory to each
party’s respective legal counsel. 

6.2                    
Closing Deliveries of ECO. At Closing, ECO will deliver or cause to be
delivered the following, fully executed and in the form and substance reasonably
satisfactory to USR: 

	 	(a) 	
      copies of all resolutions and/or consent actions adopted
      by or on behalf of the board of directors of ECO evidencing approval of
      this Agreement and the Transaction and the requisite stockholder approval
      of the Transaction;

	 	 	 	 
	 	(b) 	
      all certificates and other documents required by Section
      7.1 of this Agreement;

	 	 	 	 
	 	(c) 	
      a certificate of an officer of ECO, dated as of Closing,
      certifying that:

	 	 	 	 
	 		(i) 	
      each respective covenant and obligation of ECO has been
      complied with, and

	 	 	 	 
	 		(ii) 	
      each respective representation, warranty and covenant of
      ECO is true and correct at the Closing as if made on and as of the
      Closing; and

	 	 	 	 
	 	(d) 	
      the ECO Documents and any other necessary documents,
      including the Certificate of Merger, each duly executed by ECO, as
      required to give effect to the Transaction.

6.3                    
Closing Deliveries of USR and USR Sub. At Closing, USR and USR Sub will
deliver or cause to be delivered the following, fully executed and in the form
and substance reasonably satisfactory to ECO: 

	 	(a) 	
      copies of all resolutions and/or consent actions adopted
      by or on behalf of the board of directors of USR and USR Sub evidencing
      approval of this Agreement and the Transaction and the requisite
      stockholder approval of the Transaction;

	 	 	 	 
	 	(b) 	
      the USR Shares;

	 	 	 	 
	 	(c) 	
      all certificates and other documents required by Section
      7.2 of this Agreement;

	 	 	 	 
	 	(d) 	
      a certificate of an officer of each of USR and USR Sub,
      dated as of Closing, certifying that:

	 	 	 	 
	 		(i) 	
      each covenant and obligation of USR and USR Sub,
      respectively has been complied with, and

	 	 	 	 
	 		(ii) 	
      each representation, warranty and covenant of USR and USR
      Sub, respectively, is true and correct at the Closing as if made on and as
      of the Closing; and

	 	 	 	 
	 	(e) 	
      copies of resolutions of the board of directors of USR
      appointing the Proposed Directors of USR;

	 	 	 	 
	 	(f) 	
      copy of the Securities and Exchange Commission Form 14F-1
      to be filed with the Securities and Exchange Commission on behalf of USR
      reflecting the applicable changes in the Company as a result of the
      transactions contemplated hereby; and

	 	 	 	 
	 	(g) 	
      the USR Documents and any other necessary documents,
      including the Articles of Merger each duly executed by USR and USR Sub, as
      applicable, as required to give effect to the
  Transaction;

7.                      
TERMINATION 

7.1                     Termination.
This Agreement may be terminated at any time prior to the Closing Date
contemplated hereby by: 

	 	(a) 	
      mutual agreement of USR and ECO;

	 	 	 
	 	(b) 	
      USR, if there has been a material breach by ECO or any
      Shareholder of any material representation, warranty, covenant or
      agreement set forth in this Agreement on the part of ECO or any
      Shareholder that is not cured, to the reasonable satisfaction of USR,
      within ten business days after notice of such breach is given by USR
      (except that no cure period will be provided for a breach by ECO or any
      Shareholders that by its nature cannot be cured);

	 	 	 
	 	(c) 	
      ECO, if there has been a material breach by USR of any
      material representation, warranty, covenant or agreement set forth in this
      Agreement on the part of USR that is not cured, to the reasonable
      satisfaction of ECO, within ten business days after notice of such breach
      is given by ECO (except that no cure period will be provided for a breach
      by USR that by its nature cannot be cured);

	 	 	 
	 	(d) 	
      USR or ECO, if the Transaction contemplated by this
      Agreement has not been consummated prior to June 1, 2009 unless USR and
      ECO agree to extend such date in writing; or

	 	 	 
	 	(e) 	
      USR or ECO, if any injunction or other order of a
      governmental entity of competent authority prevents the consummation of
      the Transaction contemplated by this Agreement.

7.2                    
Effect of Termination. In the event of the termination of this Agreement
as provided in Section 7 hereto, this Agreement will be of no further force or
effect, provided, however, that no termination of this Agreement will relieve
any party of liability for any breaches of this Agreement that are based on a
wrongful refusal or failure to perform any obligations 

8.                     
 INDEMNIFICATION, REMEDIES, SURVIVAL 

8.1                     Certain
Definitions. For the purposes of this Section 8.1, the terms “Loss”
and “Losses” mean any and all demands, claims, actions or causes of
action, assessments, losses, damages, liabilities, costs, and expenses,
including without limitation, interest, penalties, fines and reasonable
attorneys, accountants and other professional fees and expenses of an amount not
less than $5,000, but excluding any indirect, consequential or punitive damages
suffered by USR or ECO including damages for lost profits or lost business
opportunities. 

8.2                     ECO
Indemnity. ECO will indemnify, defend, and hold harmless USR and its
shareholders from, against, and in respect of any and all Losses asserted
against, relating to, imposed upon, or incurred by USR and its shareholders by
reason of, resulting from, based upon or arising out of: 

	 	(a) 	
      any misrepresentation, misstatement or breach of warranty
      of ECO contained in or made pursuant to this Agreement, any ECO Document
      or any certificate or other instrument delivered pursuant to this
      Agreement; and

	 	 	 
	 	(b) 	
      the breach or partial breach by ECO of any covenant or
      agreement of ECO made in or pursuant to this Agreement, any ECO Document
      or any certificate or other instrument delivered pursuant to this
      Agreement.

8.3                     USR
and USR Sub Indemnity. Each of USR and USR Sub will indemnify, defend, and
hold harmless ECO from, against, for, and in respect of any and all Losses
asserted against, relating to, imposed upon, or incurred by ECO by reason of,
resulting from, based upon or arising out of: 

	 	(a) 	
      any misrepresentation, misstatement or breach of warranty
      of USR or USR Sub, respectively contained in or made pursuant to this
      Agreement, any USR Document or any certificate or other instrument
      delivered pursuant to this Agreement; or

	 	 	 
	 	(b) 	
      the breach or partial breach by USR or USR Sub of any
      covenant or agreement of USR of USR Sub, respectively, made in or pursuant
      to this Agreement, any USR Document or any certificate or other instrument
      delivered pursuant to this Agreement.

9.                      
GENERAL 

9.1                     Effectiveness
of Representations; Survival. Each party is entitled to rely on the
representations, warranties, indemnifications and agreements of each of the
other parties and all such representation, warranties and agreement will be
effective regardless of any investigation that any party has undertaken or
failed to undertake. The representations, warranties and agreements will survive
the Closing Date and continue in full force and effect until one (1) year after
the Closing Date. 

9.2                     Further
Assurances and Provision of Information. Each of the parties hereto will
cooperate with the others and execute and deliver to the other parties hereto
such other instruments and documents and take such other actions as may be
reasonably requested from time to time by any other party hereto as necessary to
carry out, evidence, and confirm the intended purposes of this Agreement. ECO
agrees to provide such information as requested by USR in a timely manner prior
to closing, and allow USR and its representatives free access to all books,
records, and other information of ECO and to their personnel and advisors. 

9.3                     Amendment.
This Agreement may not be amended except by an instrument in writing signed
by each of the parties. 

9.4                     Expenses.
ECO will bear the expenses incurred in connection with the preparation,
execution, and performance of this Agreement and the Transaction contemplated
hereby, including all fees and expenses of agents, representatives, counsel, and
accountants.

9.5                    
Entire Agreement. This Agreement, the schedules attached hereto and the
other documents in connection with this transaction contain the entire agreement
between the parties with respect to the subject matter hereof and supersede all
prior arrangements and understandings, both written and oral, expressed or
implied, with respect thereto. Any preceding correspondence or offers are
expressly superseded and terminated by this Agreement. 

9.6                     Notices.
All notices and other communications required or permitted under to this
Agreement must be in writing and will be deemed given if sent by personal
delivery, faxed with electronic confirmation of delivery,
internationally-recognized express courier or registered or certified mail
(return receipt requested), postage prepaid, to the parties at the addresses
specified by a party to the others from time to time for notice purposes. All
such notices and other communications will be deemed to have been received: 

	 	(a) 	
      in the case of personal delivery, on the date of such
      delivery;

	 	(b) 	
      in the case of a fax, when the party sending such fax has
      received electronic confirmation of its delivery;

	 	 	 
	 	(c) 	
      in the case of delivery by internationally-recognized
      express courier, on the business day following dispatch; and

	 	 	 
	 	(d) 	
      in the case of mailing, on the fifth business day
      following mailing.

9.7              
      Headings. The headings contained in
this Agreement are for convenience purposes only and will not affect in any way
the meaning or interpretation of this Agreement. 

9.8                     Benefits.
This Agreement is and will only be construed as for the benefit of or
enforceable by those persons party to this Agreement. 

9.9                     Assignment.
This Agreement may not be assigned (except by operation of law) by any party
without the express, written approval of the other parties to this Agreement,
such approval will not be unreasonably withheld by any of the parties to this
Agreement. 

9.10                    Force
Majeure. The obligations of the parties and the timeframes established
pursuant to this Agreement will be suspended to the extent and for the period
that performance hereunder is prevented by factors beyond any of the parties’
reasonable control, whether foreseeable or unforeseeable, including, without
limitation, labour disputes, acts of god, laws, regulations, orders,
proclamations or requests of any governmental or regulatory authority, inability
to obtain on reasonable terms required permits, licenses or other
authorizations, or any other matter similar to the above.

9.11                    Governing
Law. This Agreement will be governed by and construed in accordance
with the laws of the State of Nevada applicable to contracts made and to be
performed therein and the courts thereof will have non-exclusive jurisdiction
over any disputes relating hereto. 

9.12                    
Gender. All references to any party will be read with such changes in
number and gender as the context or reference requires. 

9.13                     Counterparts.
This Agreement may be executed in one or more counterparts, all of which will be
considered one and the same agreement and will become effective when one or more
counterparts have been signed by each of the parties and delivered to the other
parties, it being understood that all parties need not sign the same
counterpart. 

9.14                     
Facsimile Execution. This Agreement may be executed by delivery of
executed signature pages by fax or other electronic transmission and such fax or
electronic execution will be effective for all purposes. 

9.15                     
Independent Legal Advice. All parties to this agreement confirm that they
have been given an opportunity to seek and obtain independent legal advice prior
to execution of this Agreement and have consulted their respective advisors
respecting the legal effects of this Agreement and any tax implications of the
Transaction. 

9.16                      
Schedules and Exhibits. The schedules and exhibits that are attached to
this Agreement are incorporated herein. 

[SIGNATURES TO FOLLOW]

IN WITNESS WHEREOF the parties hereto have executed this
Agreement as of the day and year first above written. 

 

USR TECHNOLOGY, INC. (a Nevada corporation) 

By:  /s/ John L.
Ogden
       
Authorized Signatory 
        Name: 
John L.
Ogden 
        Title:   
President, Chairman and

                    
Director 

 

ECOLOGIC TRANSPORTATION, INC. (a Nevada corporation)

By:  /s/ William
N. Plamondon
III

       
Authorized
Signatory 
        Name: William
N. Plamondon
III 
        Title:   
President 

 

ECOLOGICAL ACQUISITION CORP. (a Nevada corporation) 

By: /s/ John L.
Ogden

       
Name: John L. Ogden 
        Title: President

SCHEDULE 1 

TO THE AGREEMENT AND PLAN OF MERGER DATED APRIL 26, 2009
AMONG USR, ECO AND USR SUB

ECO Shareholders

  	Name 
	Number of ECO Common 

        Shares
      held before Closing 	Number of USR Shares to be 

        received on Closing 
	Edward W. Withrow III 	3,268,741 	3,268,741 
	Kyle
      W. Withrow 	900,000 	900,000 
	Michael Borkowski 	850,000 	850,000 
	DLJB, LLC 	950,000 	950,000 
	Capital Group Communication, Inc. 	500,000 	500,000 
	C
      & H Capital Group, 	500,000 	500,000 
	Palisades Management, LLC 	500,000 	500,000 
	William N. Plamondon III 	4,159,750 	4,159,750 
	Brooke Carlyle, Ltd. 	750,000 	750,000 
	Christian Oliver 	150,995 	150,995 
	Edward W. Withrow Jr 	100,000 	100,000 
	Margret Kasper Withrow 	100,000 	100,000 
	Nicole R. Withrow 	100,000 	100,000 
	Christopher Withrow 	25,000 	25,000 
	Katie Withrow 	25,000 	25,000 
	Jim
      & Gwen Withrow 	25,000 	25,000 
	Caroline D. Kasper 	25,000 	25,000 
	Margret Dell Mackey 	25,000 	25,000 
	Josh
      Mackey 	25,000 	25,000 
	Emma
      Mackey 	25,000 	25,000 
	Howard Kazanjian 	35,000 	35,000 
	Jay
      Robertson 	100,000 	100,000 
	Jack
      Gian 	25,000 	25,000 
	Jennifer Ellenburg 	50,000 	50,000 
	Laura Weaver 	25,000 	25,000 
	Colby Gelner 	25,000 	25,000 
	Daima Calhoun 	25,000 	25,000 
	Maria K. Sandoval 	1,000,000 	1,000,000 
	Erin
      Davis 	1,000,000 	1,000,000 
	Daniel Sandoval 	25,000 	25,000 
	Brien Dirito 	25,000 	25,000 
	Gardner Williams 	25,000 	25,000 
	Norman Kunin 	50,000 	50,000 
	Victor Parker 	25,000 	25,000 
	Robert Pautsch 	50,000 	50,000 
	Diane Ernest 	20,000 	20,000 
	Patrick Chandler 	25,000 	25,000 
	Chandler Chandler 	25,000 	25,000 
	Myles J. Lambert 	50,000 	50,000 

  	Name 
	Number of ECO Common 

        Shares
      held before Closing 	Number of USR Shares to be 

        received on Closing 
	Frank C. Jackson 	50,000 	50,000 
	Paul
      E. Christiansen 	50,000 	50,000 
	Anthony Piziali 	25,000 	25,000 
	Warren K. Withrow 	25,000 	25,000 
	Wilton Acquisition Corp 	250,000 	250,000 
	Palisades Management, LLC 	1,200,000 	1,200,000 
	Sheila Creal 	25,000 	25,000 
	Elaine Shamir 	25,000 	25,000 
	Dave
      Wellstone 	25,000 	25,000 
	Legacy Partners 	25,000 	25,000 
	TOTAL 	17,309,486 	17,309,486 

SCHEDULE 2 

TO THE AGREEMENT AND PLAN OF MERGER DATED APRIL 26, 2009
AMONG USR, ECO AND USR SUB

Directors And Officers Of ECO

	Name and Positions held 	  
	 	  
	William N. Plamondon III 	CEO & Director 
	Edward W. Withrow III 	Chairman of the Board 
	Edward W. Withrow Jr 	Director 
	Shelly Meyers 	Director 
	Kyle W. Withrow 	Secretary 

SCHEDULE 3 

TO THE AGREEMENT AND PLAN OF MERGER DATED APRIL 26, 2009
AMONG USR, ECO AND USR SUB

Directors And Officers Of USR 

Name and Positions held 

	John L. Ogden 	President, Chairman and Director
    

SCHEDULE 4 

TO THE AGREEMENT AND PLAN OF MERGER DATED APRIL 26,
2009 AMONG USR, ECO AND USR SUB

ECO Liabilities 

As of the Agreement and Plan of Merger Dated April 26, 2009
Ecologic Transportation, Inc. does not have any liabilities. 

SCHEDULE 5 

TO THE AGREEMENT AND PLAN OF MERGER DATED APRIL 26, 2009 AMONG
  USR, ECO AND USR SUB 

ECO Leases, Subleases, Claims, Capital Expenditures, Taxes
  and Other Property Interests

The only existing lease that ECO has is with Ocean Avenue,
LLC:

Located At: 
1333 Ocean Ave Suite D
+ H 
Santa Monica, CA 90401 

Eco has no subleases, claims, capital expenditures, taxes or
other property interests. 

SCHEDULE 6 

TO THE AGREEMENT AND PLAN OF MERGER DATED APRIL 26, 2009
AMONG USR, ECO AND USR SUB

ECO Material Contracts

	William N Plamondon III 	CEO- Employment Contract for the Position 
	 	 
	Capital Group Communications 	Investor Relations Agreement 
	 	 
	Chase Mellen Esq. 	The Mellen Law Group Opinion Letter 
	 	 
	Moore and Associates 	Engagement Letter for ECO Financial Audit 

SCHEDULE 7A 

TO THE AGREEMENT AND PLAN OF MERGER DATED APRIL 26, 2009
AMONG USR, ECO 
AND THE SHAREHOLDERS OF ECO 

Form of Certificate of U.S. Shareholder

In connection with the issuance of common stock (the “Pubco
Shares”) of USR Technology, Inc., a Nevada corporation (“Pubco”), to the
undersigned, pursuant to that certain Agreement and Plan of Merger dated April
26, 2009 (the “Agreement”), between Pubco and Ecologic Transportation, Inc. as
set out in the Agreement the undersigned Selling Shareholder (a “Selling
Shareholder”), hereby agrees, acknowledges, represents and warrants that: 

1.        it satisfies one
or more of the categories of "Accredited Investors", as defined by Regulation D
promulgated under the United States Securities Act of 1933, as amended (the
“1933 Act”), as indicated below: (Please initial in the space provide those
categories, if any, of an "Accredited Investor" which the undersigned
satisfies.) 

	_______ 	Category 1 	
      An organization described in Section 501(c)(3) of the
      United States Internal Revenue Code, a corporation, a Massachusetts or
      similar business trust or partnership, not formed for the specific purpose
      of acquiring the Pubco Shares, with total assets in excess of US
      $5,000,000. 

	 	  	
       

	_______ 	Category 2 	
      A natural person whose individual net worth, or joint net
      worth with that person's spouse, on the date of purchase exceeds US
      $1,000,000. 

	 	  	
       

	_______ 	Category 3 	
      A natural person who had an individual income in excess
      of US $200,000 in each of the two most recent years or joint income with
      that person's spouse in excess of US $300,000 in each of those years and
      has a reasonable expectation of reaching the same income level in the
      current year. 

	 	  	
       

	_______ 	Category 4 	
      A "bank" as defined under Section (3)(a)(2) of the 1933
      Act or savings and loan association or other institution as defined in
      Section 3(a)(5)(A) of the Securities Act acting in its individual or
      fiduciary capacity; a broker dealer registered pursuant to Section 15 of
      the Securities Exchange Act of 1934 (United States); an insurance
      company as defined in Section 2(13) of the 1933 Act; an investment company
      registered under the Investment Company Act of 1940 (United States)
      or a business development company as defined in Section 2(a)(48) of such
      Act; a Small Business Investment Company licensed by the U.S. Small
      Business Administration under Section 301(c) or (d) of the Small
      Business Investment Act of 1958 (United States); a plan with
      total assets in excess of $5,000,000 established and maintained by a
      state, a political subdivision thereof, or an agency or instrumentality of
      a state or a political subdivision thereof, for the benefit of its
      employees; an employee benefit plan within the meaning of the Employee
      Retirement Income Security Act of 1974 (United States) whose
      investment decisions are made by a plan fiduciary, as defined in Section
      3(21) of such Act, which is either a bank, savings and loan association,
      insurance company or registered investment adviser, or if the employee
      benefit plan has 

			
      total assets in excess of $5,000,000, or, if a
      self-directed plan, whose investment decisions are made solely by persons
      that are accredited investors. 

	  	  	
       

	_______	Category 5 	
      A private business development company as defined in
      Section 202(a)(22) of the Investment Advisers Act of 1940 (United
      States). 

	  	  	
       

	_______	Category 6 	
      A director or executive officer of Pubco. 

	  	  	
       

	_______	Category 7 	
      A trust with total assets in excess of $5,000,000, not
      formed for the specific purpose of acquiring the Shares, whose purchase is
      directed by a sophisticated Person as described in Rule 506(b)(2)(ii)
      under the 1933 Act. 

	  	  	
       

	_______	Category 8 	
      An entity in which all of the equity owners satisfy the
      requirements of one or more of the foregoing categories.

Note that for any of the Selling Shareholders claiming to
satisfy one of the above categories of Accredited Investor may be required to
supply the Company with a balance sheet, prior years' federal income tax returns
or other appropriate documentation to verify and substantiate the Subscriber's
status as an Accredited Investor. 

If the Selling Shareholder is an entity which initialled
Category 8 in reliance upon the Accredited Investor categories above, state the
name, address, total personal income from all sources for the previous calendar
year, and the net worth (exclusive of home, home furnishings and personal
automobiles) for each equity owner of the said entity:
_________________________________________________________________

2.         none of the
Pubco Shares have been or will be registered under the 1933 Act, or under any
state securities or “blue sky” laws of any state of the United States, and may
not be offered or sold in the United States or, directly or indirectly, to U.S.
Persons, as that term is defined in Regulation S, except in accordance with the
provisions of Regulation S or pursuant to an exemption from, or in a transaction
not subject to, the registration requirements of the 1933 Act and in compliance
with any applicable state and foreign securities laws; 

3.         the Selling
Shareholder understands and agrees that offers and sales of any of the Pubco
Shares shall be made only in compliance with the registration provisions of the
1933 Act or an exemption therefrom and in each case only in accordance with
applicable state and foreign securities laws; 

4.         the Selling
Shareholder understands and agrees not to engage in any hedging transactions
involving any of the Pubco Shares unless such transactions are in compliance
with the provisions of the 1933 Act and in each case only in accordance with
applicable state and provincial securities laws; 

5.         the Selling
Shareholder is acquiring the Pubco Shares for investment only and not with a
view to resale or distribution and, in particular, it has no intention to
distribute either directly or indirectly any of the Pubco Shares in the United
States or to U.S. Persons; 

6.         Pubco has
not undertaken, and will have no obligation, to register any of the Pubco Shares
under the 1933 Act; 

7.         Pubco is
entitled to rely on the acknowledgements, agreements, representations and
warranties and the statements and answers of the Selling Shareholder contained
in the Agreement and this Certificate, and the Selling Shareholder will hold
harmless Pubco from any loss or damage either one may suffer as a result of any
such acknowledgements, agreements, representations and/or warranties made by the
Selling Shareholder not being true and correct; 

8.         the Selling
Shareholder has been advised to consult their own respective legal, tax and
other advisors with respect to the merits and risks of an investment in the
Pubco Shares and, with respect to applicable resale restrictions, is solely
responsible (and Pubco is not in any way responsible) for compliance with
applicable resale restrictions; 

9.         the Selling
Shareholder and the Selling Shareholder’s advisor(s) have had a reasonable
opportunity to ask questions of and receive answers from Pubco in connection
with the acquisition of the Pubco Shares under the Agreement, and to obtain
additional information, to the extent possessed or obtainable by Pubco without
unreasonable effort or expense; 

10.        the books and
records of Pubco were available upon reasonable notice for inspection, subject
to certain confidentiality restrictions, by the undersigned during reasonable
business hours at its principal place of business and that all documents,
records and books in connection with the acquisition of the Pubco Shares under
the Agreement have been made available for inspection by the undersigned, the
Selling Shareholder’s attorney and/or advisor(s); 

11.        the Selling
Shareholder: 

(a)      
 is knowledgeable of, or has been independently advised as to, the
applicable securities laws of the securities regulators having application in
the jurisdiction in which the Selling Shareholder is resident (the
“International Jurisdiction”) which would apply to the acquisition of the Pubco
Shares; 

(b)        the Selling
Shareholder is acquiring the Pubco Shares pursuant to exemptions from prospectus
or equivalent requirements under applicable securities laws or, if such is not
applicable, the Selling Shareholder is permitted to acquire the Pubco Shares
under the applicable securities laws of the securities regulators in the
International Jurisdiction without the need to rely on any exemptions; 

(c)        understands and
agrees that the applicable securities laws of the authorities in the
International Jurisdiction do not require Pubco to make any filings or seek any
approvals of any kind whatsoever from any securities regulator of any kind
whatsoever in the International Jurisdiction in connection with the issue and
sale or resale of the Pubco Shares; and 

(d)        the acquisition of
the Pubco Shares by the Selling Shareholder does not trigger: 

	 	 	(i) 	
      any obligation to prepare and file a prospectus or
      similar document, or any other report with respect to such purchase in the
      International Jurisdiction; or

	 	 	 	 
	 	 	(ii) 	
      any continuous disclosure reporting obligation of Pubco
      in the International Jurisdiction; and

the Selling Shareholder will, if
requested by Pubco, deliver to Pubco a certificate or opinion of local counsel
from the International Jurisdiction which will confirm the matters referred to in Sections 11(c) and 11(d) above to the
satisfaction of Pubco, acting reasonably; 

12.        the Selling
Shareholder (i) is able to fend for itself in connection with the acquisition of
the Pubco Shares; (ii) has such knowledge and experience in business matters as
to be capable of evaluating the merits and risks of its prospective investment
in the Pubco Shares; and (iii) has the ability to bear the economic risks of its
prospective investment and can afford the complete loss of such investment; 

13.        the Selling
Shareholder is not aware of any advertisement of any of the Pubco Shares and is
not acquiring the Pubco Shares as a result of any form of general solicitation
or general advertising including advertisements, articles, notices or other
communications published in any newspaper, magazine or similar media or
broadcast over radio or television, or any seminar or meeting whose attendees
have been invited by general solicitation or general advertising; 

14.        no person
has made to the Selling Shareholder any written or oral representations: 

	 	(a) 	
      that any person will resell or repurchase any of the
      Pubco Shares;

	 	 	 
	 	(b) 	
      that any person will refund the purchase price of any of
      the Pubco Shares;

	 	 	 
	 	(c) 	
      as to the future price or value of any of the Pubco
      Shares; or

	 	 	 
	 	(d) 	
      that any of the Pubco Shares will be listed and posted
      for trading on any stock exchange or automated dealer quotation system or
      that application has been made to list and post any of the Pubco Shares on
      any stock exchange or automated dealer quotation system, except that
      currently certain market makers make market in the common shares of Pubco
      on the OTC Bulletin Board;

15.        none of the
Pubco Shares are listed on any stock exchange or automated dealer quotation
system and no representation has been made to the Selling Shareholder that any
of the Pubco Shares will become listed on any stock exchange or automated dealer
quotation system, except that currently certain market makers make market in the
common shares of Pubco on the OTC Bulletin Board; 

16.        the Selling
Shareholder is acquiring the Pubco Shares as principal for their own account,
for investment purposes only, and not with a view to, or for, resale,
distribution or fractionalization thereof, in whole or in part, and no other
person has a direct or indirect beneficial interest in the Pubco Shares;

17.        neither the
SEC nor any other securities commission or similar regulatory authority has
reviewed or passed on the merits of the Pubco Shares; 

18.        the Selling
Shareholder acknowledges and agrees that Pubco shall refuse to register any
transfer of Pubco Shares not made in accordance with the provisions of
Regulation S, pursuant to registration under the 1933 Act, or pursuant to an
available exemption from registration under the 1933 Act; 

19.        Pubco has
advised the Selling Shareholder that Pubco is relying on an exemption from the
prospectus and registration requirements of the Applicable Securities
Legislation (as such term is defined in the Agreement) to issue the Pubco
Shares, and the Selling Shareholder will not receive information that would
otherwise be required to be provided to the Selling Shareholder pursuant to
Applicable Securities Legislation. 

20.        the Selling
Shareholder understands and agrees that the Pubco Shares will bear the following
legend: 

  
    “NONE OF THE SECURITIES REPRESENTED HEREBY HAVE BEEN
      REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION OR THE SECURITIES
      COMMISSION OF ANY STATE, AND WERE ISSUED IN RELIANCE UPON AN EXEMPTION FROM
      REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “1933
      ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT
      TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT OR PURSUANT TO
      AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
      REQUIREMENTS OF THE 1933 ACT AND IN ACCORDANCE WITH APPLICABLE STATE SECURITIES
      LAWS.” 

  

21.        the address of
the Selling Shareholder included herein is the sole address of the Selling
Shareholder as of the date of this certificate. 

IN WITNESS WHEREOF, I have executed this Certificate of U.S.
Shareholder. 

	If a Corporation, Partnership or Other Entity: 	 	If an Individual: 
	 	 	 
	 	 	 
	Print or Type Name of Entity 	 	Signature 
	 	 	 
	 	 	 
	Signature of Authorized Signatory 	 	Print or Type Name 
	 	 	 
	 	 	 
	Address 	 	Address 
	 	 	 
	 	 	 
	Type of Entity 	 	Social Security/Tax I.D. Number 
	 	 	 
	 	 	 
	Social Security/Tax I.D. Number 	 	  

SCHEDULE 7B 

TO THE AGREEMENT AND PLAN OF MERGER DATED APRIL 26, 2009
AMONG USR, ECO 
AND THE SHAREHOLDERS OF ECO 

Form of Certificate of Non-U.S. Shareholder

In connection with the issuance of common stock (the “Pubco
Shares”) of USR Technology, Inc., a Nevada corporation (“Pubco”), to the
undersigned, pursuant to that certain Agreement and Plan of Merger dated April
26, 2009 (the “Agreement”), between Pubco and the shareholders of Ecologic
Transportation, Inc. as set out in the Agreement (each, a “Selling
Shareholder”), the undersigned Selling Shareholder hereby agrees, acknowledges,
represents and warrants that: 

          1.           the
undersigned is not a “U.S. Person” as such term is defined by Rule 902 of
Regulation S under the United States Securities Act of 1933, as amended (“U.S.
Securities Act”) (the definition of which includes, but is not limited to, an
individual resident in the U.S. and an estate or trust of which any executor or
administrator or trust, respectively is a U.S. Person and any partnership or
corporation organized or incorporated under the laws of the U.S.); 

          2.          
none of the Purchaser Securities have been or will be registered under the U.S.
Securities Act, or under any state securities or “blue sky” laws of any state of
the United States, and may not be offered or sold in the United States or,
directly or indirectly, to U.S. Persons, as that term is defined in Regulation
S, except in accordance with the provisions of Regulation S or pursuant to an
exemption from, or in a transaction not subject to, the registration
requirements of the U.S. Securities Act and in compliance with any applicable
state and foreign securities laws; 

          3.           the
undersigned understands and agrees that offers and sales of any of the Purchaser
Securities prior to the expiration of a period of one year after the date of
original issuance of the Purchaser Securities (the one year period hereinafter
referred to as the Distribution Compliance Period) shall only be made in
compliance with the safe harbor provisions set forth in Regulation S, pursuant
to the registration provisions of the U.S. Securities Act or an exemption
therefrom, and that all offers and sales after the Distribution Compliance
Period shall be made only in compliance with the registration provisions of the
U.S. Securities Act or an exemption therefrom and in each case only in
accordance with applicable state and foreign securities laws; 

          4.           the
undersigned understands and agrees not to engage in any hedging transactions
involving any of the Purchaser Securities unless such transactions are in
compliance with the provisions of the U.S. Securities Act and in each case only
in accordance with applicable state and provincial securities laws; 

          5.           the
undersigned is acquiring the Purchaser Securities for investment only and not
with a view to resale or distribution and, in particular, it has no intention to
distribute either directly or indirectly any of the Purchaser Securities in the
United States or to U.S. Persons; 

          6.          
the undersigned has not acquired the Purchaser Securities as a result of, and
will not itself engage in, any directed selling efforts (as defined in
Regulation S under the U.S. Securities Act) in the United States in respect of
the Purchaser Securities which would include any activities undertaken for the
purpose of, or that could reasonably be expected to have the effect of,
conditioning the market in the United States for the resale of any of the
Purchaser Securities; provided, however, that the undersigned may sell or
otherwise dispose of the Purchaser Securities pursuant to registration thereof
under the U.S. 

Securities Act and any applicable state and provincial
securities laws or under an exemption from such registration requirements; 

          7.           the
statutory and regulatory basis for the exemption claimed for the sale of the
Purchaser Securities, although in technical compliance with Regulation S, would
not be available if the offering is part of a plan or scheme to evade the
registration provisions of the U.S. Securities Act or any applicable state and
provincial securities laws; 

          8.           the
undersigned has not undertaken, and will have no obligation, to register any of
the Purchaser Securities under the U.S. Securities Act; 

          9.          
Purchaser is entitled to rely on the acknowledgements, agreements,
representations and warranties and the statements and answers of Vendor
contained in the Agreement and those of the undersigned contained in this
Certificate, and the undersigned will hold harmless Purchaser from any loss or
damage either one may suffer as a result of any such acknowledgements,
agreements, representations and/or warranties made by Vendor and/or the
undersigned not being true and correct; 

          10.           the
undersigned has been advised to consult their own respective legal, tax and
other advisors with respect to the merits and risks of an investment in the
Purchaser Securities and, with respect to applicable resale restrictions, is
solely responsible (and Purchaser is not in any way responsible) for compliance
with applicable resale restrictions; 

          11.           none
of the Purchaser Securities are listed on any stock exchange or automated dealer
quotation system and no representation has been made to the undersigned that any
of the Purchaser Securities will become listed on any stock exchange or
automated dealer quotation system, except that currently certain market makers
make market in the common shares of Purchaser on the OTC Bulletin Board; 

          12.           the
undersigned is outside the United States when receiving and executing this
Agreement and is acquiring the Purchaser Securities as principal for their own
account, for investment purposes only, and not with a view to, or for, resale,
distribution or fractionalization thereof, in whole or in part, and no other
person has a direct or indirect beneficial interest in the Purchaser
Securities;

          13.           neither
the SEC nor any other securities commission or similar regulatory authority has
reviewed or passed on the merits of the Purchaser Securities; 

          14.           the
Purchaser Securities are not being acquired, directly or indirectly, for the
account or benefit of a U.S. Person or a person in the United States; 

          15.           the
undersigned acknowledges and agrees that Purchaser shall refuse to register any
transfer of Purchaser Securities not made in accordance with the provisions of
Regulation S, pursuant to registration under the U.S. Securities Act, or
pursuant to an available exemption from registration under the U.S. Securities
Act; 

          16.           the
undersigned understands and agrees that the Purchaser Securities will bear the
following legend: 

  
    “THE SECURITIES REPRESENTED HEREBY HAVE BEEN OFFERED
      IN AN OFFSHORE TRANSACTION TO A PERSON WHO IS NOT A U.S. PERSON (AS DEFINED
      HEREIN) PURSUANT TO REGULATION S UNDER THE UNITED STATES SECURITIES ACT
      OF 1933, AS AMENDED (THE “1933 ACT”). 

  

  
    NONE OF THE SECURITIES REPRESENTED HEREBY HAVE BEEN REGISTERED
      UNDER THE 1933 ACT, OR ANY U.S. STATE SECURITIES LAWS, AND, UNLESS SO REGISTERED,
      MAY NOT BE OFFERED OR SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES
      (AS DEFINED HEREIN) OR TO U.S. PERSONS EXCEPT IN ACCORDANCE WITH THE PROVISIONS
      OF REGULATION S UNDER THE 1933 ACT, PURSUANT TO AN EFFECTIVE REGISTRATION
      STATEMENT UNDER THE 1933 ACT, OR PURSUANT TO AN AVAILABLE EXEMPTION FROM,
      OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION REQUIREMENTS OF THE
      1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE WITH APPLICABLE STATE SECURITIES
      LAWS. IN ADDITION, HEDGING TRANSACTIONS INVOLVING THE SECURITIES MAY NOT
      BE CONDUCTED UNLESS IN COMPLIANCE WITH THE 1933 ACT. “UNITED STATES”
      AND “U.S. PERSON” ARE AS DEFINED BY REGULATION S UNDER THE 1933
      ACT.” 

  

          17.           the
address of the undersigned included herein is the sole address of the
undersigned as of the date of this certificate. 

IN WITNESS WHEREOF, I have executed this Certificate of
Non-U.S. Shareholder. 

	If a Corporation, Partnership or Other Entity: 	 	If an Individual: 
	 	 	 
	 	 	 
	Print or Type Name of Entity 	 	Signature 
	 	 	 
	 	 	 
	Signature of Authorized Signatory 	 	Print or Type Name 
	 	 	 
	 	 	 
	Address 	 	Address 
	 	 	 
	 	 	 
	Type of Entity 	 	Social Security/Tax I.D. Number 
	 	 	 
	 	 	 
	Social Security/Tax I.D. Number 	 	  

SCHEDULE 8 

TO THE AGREEMENT AND PLAN OF MERGER DATED APRIL 26, 2009
AMONG USR, ECO AND USR SUB

ECO Employees and Consultants

	 Employees: 	  
	  	  
	Name 	Position 
	N/A 	N/A 

Contractors: 

William N Plamondon 

Capital Group Communications 

The Law Offices of Chase Mellen, Esq. 

Moore and Associates

SCHEDULE 9 

TO THE AGREEMENT AND PLAN OF MERGER DATED APRIL 26, 2009 AMONG
  USR, ECO AND USR SUB 

PATENTS AND TRADEMAKS 

Patents 

At this time no patents are attached to Ecologic Transportation,
Inc. 

Trademarks

Pending Trademarks: 

Ecologic Transportation, Inc. (Logo)

 drive.green.cars 

drive a difference 

SCHEDULE 10 

TO THE AGREEMENT AND PLAN OF MERGER DATED APRIL 26, 2009
AMONG USR, ECO AND USR SUB 

ECO Financial Statements 

Audited Financial Statement for Year End December 31,
2009: 

Prepared by Moore and Associates 
Chartered Accountants and
Advisors 
6490 West Desert Inn Rd, Las Vegas, NV 89146 
702.253.7499 

SCHEDULE 11 

TO THE AGREEMENT AND PLAN OF MERGER DATED APRIL 26, 2009
AMONG USR, ECO AND USR SUB 

Pending or Threatened Litigation, Claims and
Assessments 

There are no known pending or threatened litigation, claims or
assessments against Ecologic Transportation, Inc. 

Unasserted Claims and Assessments

There are no known unasserted claims and assessments against
Ecologic Transportation, Inc.abat8k042809ex10a.htm

    
      

      

    

    
      SHARE PURCHASE
AGREEMENT

      股份购买协议

      

      AGREEMENT dated April 27, 2009
by and among WUXI BAOSHIYUN AUTOCYCLE CO., LTD. and MR. BAO JIN. (hereinafter
referred to collectively as the “Selling
Shareholders”); CASHTECH INVESTMENT LIMITED, a company organized under
the International Business Companies Act of the British Virgin Island with the
register number of 578455 (hereinafter referred to as “Cashtech”);
and ADVANCED BATTERY TECHNOLOGIES, INC., a corporation organized under the laws
of the State of Delaware (hereinafter referred to as “ABAT”).

      

      2009年4月27日签约, 无锡宝时运自动车有限公司和包进先生(以下统称为“售股股东”) ;
金科技投资有限公司,该公司属于英属维京群岛国际商业公司法的注册公司, 注册号码578455 (以下简称“金科技”)
;和先进电池科技公司,该公司是依照特拉华州的法律注册登记(以下简称“ABAT”) 。

      

      WHEREAS, the Selling
Shareholders own, in aggregate, 100% of the registered capital of Wuxi Angell,
which is a Sino-foreign joint venture organized under the laws of The People’s
Republic of China (“PRC”)
on December 4, 2002 with a registered address at Wuxi New District Shuofang
Industrial Park upon the approval of Wuxi New District Economic Commission of
JiangSu Province of the PRC;

      

      鉴于, 售股股东总共拥有 100
%无锡安久注册资本,这是一个中外合资企业,
其依循中华人民共和国之下的法律(中国)于2002年12月4日成立,
注册地址在无锡新区硕放工业园区, 并经中华江苏省无锡新区经济委员批准;

      

      

      WHEREAS, Cashtech is a
wholly-owned subsidiary of ABAT;

      

      WHEREAS, ABAT desires to
acquire ownership of Wuxi Angell and the Selling Shareholders are willing to
sell the ownership of Wuxi Angell to Cashtech, all on the terms and subject to
the conditions herein.

      

      NOW, THEREFORE, it is
agreed:

      

      鉴于, ABAT拥有金科技公司;

      

           鉴于,ABAT意欲收购无锡安久所有权,售股股东也愿意按以下的条款与条件出售无锡安久所有权给金科技。

      

           因此,现在大家同意:

      

      1.           Definitions.  As
used herein, the following terms shall have the meanings set forth
below:

      1.          
定义. 正如本文中所使用的下列术语应具有的含义如下:

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      

      

      a.           “Applicable
Law” means any domestic or foreign law, statute, regulation, rule, or
ordinance applicable to the businesses or corporate existence of Cashtech, Wuxi
Angell or ABAT.

      

      a.     “适用法律” 是指任何国内或国外适用于金科技, 无锡安久或ABAT的法律,法规,规章,规则或条例适用于该企业或公司.

      

      

      b.           “GAAP”
means generally accepted accounting principles in the United States of America
as promulgated by the American Institute of Certified Public Accountants and the
Financial Accounting Standards Board or any successor institutes concerning the
treatment of any accounting matter.

      

      b.     “公认会计原则” 是指普遍接受的会计原则,
在美国所颁布的美国注册会计师协会和财务会计标准委员会或任何继承机构关于处理任何会计事项。

      

      

      c.           “Lien”
means, with respect to any property or asset, any mortgage, lien, pledge,
charge, security interest, claim, encumbrance, royalty interest, any other
adverse claim of any kind in respect of such property or asset, or any other
restrictions or limitations of any nature whatsoever.

      

      c.    留置权

       是指对于任何财产或资产,任何抵押,留置权,质押,抵押,担保权益,债权,抵押权,专利权益,任何其它的不良债权的任何种类等方面的财产或资产,或任何其它约束或限制的任何性质。

      

      

      d.           “Tax”
(and, with correlative meaning, “Taxes”
and “Taxable”)
means:

      

      d.           “税” (和,与相关的含义, “税”和“应课税” )是指:

      

      (i) any income, alternative or add-on
minimum tax, gross receipts tax, sales tax, use tax, ad valorem tax, transfer
tax, franchise tax, profits tax, license tax, withholding tax, payroll tax,
employment tax, excise tax, severance tax, stamp tax, occupation tax, property
tax, environmental or windfall profit tax, custom, duty or other tax, impost,
levy, governmental fee or other like assessment or charge of any kind whatsoever
together with any interest or any penalty, addition to tax or additional amount
imposed with respect thereto by any governmental or tax authority responsible
for the imposition of any such Tax (domestic or foreign), and

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

      

      (i)任何收入及替代或附加最低税,总收入税,销售税,使用税,从价税,转让税,特许经营税,利得税,执照税,预提税,工资税,就业税,消费税,遣散税,印花税,职业税,财产税,环境或暴利税,关税,其它税,关税,征税,政府费或其它类似的评估或收费的任何种类的任何权益或任何处罚,除了税或追加经费方面,经任何政府或税务机关负责征收任何上述税收(国内或国外).

      

      (ii) any liability for the payment of
any amounts of the type described in clause (i) above as a result of being a
member of an affiliated, consolidated, combined or unitary group for any Taxable
period, and

      

      (ii)由于身为相关或联合或合并企业,在任何纳税年度中有法律责任必须要按条款(i)所描述的来支付款项,

      

      (iii) any liability for the payment of
any amounts of the type described in clauses (i) or (ii) above as a result of
any express or implied obligation to indemnify any other person.

      

      (iii)由于任何明示或暗示的法律补偿责任, 必须要按照条款(i)或(ii)所描述的要支付的任何款项.

      

      

      e.           “Tax
Return” means any return, declaration, form, claim for refund or
information return or statement relating to Taxes, including any schedule or
attachment thereto, and including any amendment thereof.

      

      e.     “退税”是指任何回报,宣言,形式,要求退款或资料送回或有关税收声明,包括任何附表或附件,以及包括任何修正。

      

      

      2.           Purchase of Wuxi Angell’s
Registered Capital.

      2.           购买无锡安久的注册资本.

      

      
        	
                a.

              	
                The
      Closing of the transactions contemplated by this Agreement will occur on
      the third business day after the Selling Shareholders notify ABAT that the
      transfer of the registered capital of Wuxi Angell has been registered with
      the appropriate authorities of JiangSu Province.   The date
      on which this Agreement is executed is referred to herein as the “Closing
      Date.”

              

      

       

      
        
           

        

        
          3

          
            

          

        

        
           

        

      

      

      
        	
                a.

              	
                本份协议中所详述的交易截止,将发生在售股股东通知先进电池科技公司,无锡安久已转让注册资本且在所属的江苏省有关当局注册登记后的第三个交易日, 本协议的执行日即是本文提及的“截止日” 。

              

      

       

      
        	
                b.

              	
                By
      executive of this Agreement, the Selling Shareholders hereby agree to
      transfer and assign to Cashtech their interest in 100% of Wuxi Angell’s
      registered capital (the “Purchased
      Capital”) on  the Closing Date.  On the Closing
      Date the Selling Shareholders will deliver to ABAT a certification of the
      government of JiangSu Province identifying Cashtech as the owner of the
      registered capital of Wuxi Angell.

              

      

      

      
        	
                b.

              	
                 通过执行这项协议,在截止日期时,
      售股股东特此转让和分配给金科技100
      %的无锡安久的注册资本(以下简称“购买资本” )。在截止日时,该售股股东会转让注册资本给先进电池科技公司并在江苏省有关当局登记确认金科技拥有无锡安久的注册资本。

              

      

      

      
        
          	
                  c.

                	
                  In
      exchange for the Purchased Capital, Cashtech shall cause the following to
      be delivered to the Selling Shareholders:

                   

                
	c.	换取购买资本,金科技须安排如下事项,   须交付售股股东:

        

      

      

       

      

      
        	
                 
      

              	
                i.

              	
                Three
      million six hundred and forty thousand  U.S. Dollars
      ($3,640,000), the payment of which prior to this date is acknowledged by
      the Selling Shareholders;

              

      

      
        	
                 
      

              	
                i.

              	
                三百六十四万美元($3,640,000USD ),这一价格在截止日前已受到售股股东的同意认可;

              

      

      

      
        	
                 
      

              	
                ii.

              	
                Seventy
      million Renminbi (70,000,000 RMB), which shall be wire transferred by
      Cashtech to the Selling Shareholders on  the Closing Date in
      proportion to the ownership interest of each Selling Shareholder – i.e. 42
      million RMB to Wuxi Baoshiyun Autocycle Co., Ltd. and 28 million RMB to
      Mr. Bao Jin., said payments to be wired to such account as each Selling
      Shareholder shall designate in writing to Cashtech;
  and

              

      

      
        	
              	
                 
      ii.

              	
                七千万人民币(70,000,000
      RMB) ,金科技应于签约后10日内,
      依消售股东的所有权比例转出,  即4千2百万 人民币 给无锡宝时运自动车有限公司, 2千8百万给包进先生,  支付款项应以电汇的形式给售股股东,
      并按售股股东提供的书面数据来执行行汇款.

              

      

      

      
        	
                 
      

              	
                iii.

              	
                Three
      million (3,000,000) shares of the common stock of ABAT (the “ABAT
      Shares”), certificates for which shall be delivered on the Closing
      Date in proportion to the ownership interest of each Selling Shareholder –
      i.e. 1,800,000 shares to Wuxi Baoshiyun Autocycle Co., Ltd. and 1,200,000
      shares to Mr. Bao Jin.

              

      

      
        
           

        

        
          4

          
            

          

        

        
           

        

      

      

      
        	
              	
                iii.

              	
                300万(3,000,000)ABAT普通股的股票(以下简称”ABAT” ) ,该股票证书须于签约完成后的十日内交付,按每个股东的所有权比例分配,  即1百80万 股 给无锡宝时运自动车有限公司, 1百20万股给包进先生.

              

      

      

      3.           Warranties and
Representations of the Selling Shareholders.  In order to
induce ABAT and Cashtech to enter into this Agreement and to complete the
transactions contemplated hereby, the Selling Shareholders, jointly and
severally, warrant and represent to Cashtech and ABAT as follows:

      

      3.           售股股东的保证和陈述。

      为促使ABAT和金科技达成本协议并完成交易,该售股股东,共同及个别,向ABAT保证和呈现于下:

      

      a.           Organization and
Standing.  Wuxi Angell is a limited liability company duly
organized, validly existing and in good standing under the laws of the
PRC.  Wuxi Angell is qualified to do business in PRC to the extent
required by Applicable Law, and has full power and authority to carry on its
business as now conducted and to own and operate its assets, properties and
business.

      

      a.           组织和地位.

      中华人民共和国法律规定下,
无锡安久是一家实体有限公司, 合法地组织成立并有效地存在。无锡安久有资格在法律充许的范围内在中国做生意,并有完整的权力和权威,以执行其业务并拥有和经营自己的资产,财产和业务。

      

      b.           Capitalization.  The
registered capital of Wuxi Angell is _40,997,103.50___
RMB.  The registered capital has been fully paid.

                    

      b.           注册资本. 无锡安久的注册资本是_40,997,103.50_元人民币。注册资本已缴足。

      

      c.           Ownership of the Purchased
Capital. The Selling Shareholders are the sole owners of the Purchased
Capital, free and clear of all liens, encumbrances, and restrictions
whatsoever.  By the transfer of the Purchased Capital upon the
Closing, Cashtech will acquire 100% ownership of Wuxi Angell, free and clear of
all Liens, encumbrances and restrictions of any nature
whatsoever.

      
        
           

        

        
          5

          
            

          

        

        
           

        

      

      

      c.    购买资本的所有权.

      该售股股东是唯一购买资本的所有权者,并无有任何所有留置权,抵押权的限制。在交易截止并转让购买资本后, 金科技将获得100
%无锡安久的所有权,并无有任何所有留置权,抵押权的限制。

      

      d.           Intellectual
Property.  Wuxi Angell has, or has rights to use, all patents,
patent applications, trademarks, trademark applications, service marks, trade
names, trade secrets, inventions, copyrights, licenses and other intellectual
property rights and similar rights as necessary or material for use in
connection with its business (collectively, the “Intellectual
Property Rights”).  Wuxi Angell has not received a notice
(written or otherwise) that any of the Intellectual Property Rights used by Wuxi
Angell violates or infringes upon the rights of any person.  To Wuxi
Angell’s knowledge, all such Intellectual Property Rights are enforceable .

      

      d.           智慧财产权.

      无锡安久有,或有使用权,所有专利,专利申请,商标,商标申请,服务标记,商业名称,商业秘密,发明,版权,执照和其它知识产权及类似的必要权利或材料的结合使用于其业务(统称为“智能财产权” ) 。无锡安久还没有收到有关公司使用的任何智能财产权有违反或侵犯任何人的权利。根据无锡安久的认知,所有这些智慧财产权有强制强制执行力.

      

      e.           Taxes.  Wuxi
Angell has filed all Tax Returns that it is required to file with all
governmental agencies, wherever situate, and has paid or accrued for payment all
Taxes as shown on such returns except for Taxes being contested in good
faith.  There is no material claim for Taxes that is a Lien against
the property of Wuxi Angell other than Liens for Taxes not yet due and
payable.  

      

      e.    税.

      无锡安久已经向所有政府有关单位提交所有报税表,除了善意的税收争议以外,
并已支付或应计要支付的税收,。除了尚未到期该支付的税款已外,没有任何重大税款欠税情事,并造

      成对无锡安永的财产有留置权的限制。

      

      f.           Pending
Actions.  Except as set forth on Schedule 3(f) attached to this
Agreement, there are no legal actions, lawsuits, proceedings or investigations,
either administrative or judicial, pending or threatened, against or affecting
Wuxi Angell or against the members of its Board of Directors or the members of
its Executive Body or against either Selling Shareholder that arose out of its
operation of Wuxi Angell.  Neither Wuxi Angell nor either of the
Selling Shareholder is subject to any order, writ, judgment, injunction, decree,
determination or award of any court, arbitrator or administrative, governmental
or regulatory authority or body which would be likely to have a material adverse
effect on the business of Wuxi Angell.

      
        
           

        

        
          6

          
            

          

        

        
           

        

      

      

      f.           待行动.

      除了附件中的表3(f)外,不存在任何法律上的行动,诉讼,调查行动(无论是行政或司法性质),正在进行中会威胁到无锡安永或该公司董事会成员或其执行机构 ,或其售股股东。无锡安久及其售股股东都没有受到任何法院或仲裁者或其它有关政单位的命令,令状,判决书,强制令,命令,决定或裁决的限制,而这些命令限制等将对无锡安久的业务可能有重大不利影响。

       

      g.           Wuxi Angell’s Financial
Statements.  The Selling Shareholders have delivered to
Cashtech Wuxi Angell’s financial statements for the years ended December 31,
2008 and 2007 (the “Wuxi
Annual Financial Statements”) and Wuxi Angell’s financial statements for
the periods ended ______________, 2009 and 2008 (the “Wuxi
Interim Financial Statements”).   The Wuxi Financial
Statements present fairly in all material respects the financial condition of
Wuxi Angell of the dates thereof and the results of its operations for the
periods identified therein.  To the knowledge of the Selling
Shareholders, no adjustment or material change to the Wuxi Financial Statements
is required in order to cause them to comply with GAAP.

      

      g.    无锡安久的财务报表.

      该售股股东已经给金科技无锡安久截至12月31
日的2008年和2007年财务报表年报(以下简称“无锡安久财务报表 年报” )和截至 月 日的2009年和2008年 季报(以下简称“无锡安久期中财务报表“ )。无锡财务报表呈现所有无锡安久重大方面的财务状况,并呈现确定时期内的业务成果。在售股股东的的认知内,无锡安久财务报表并不需要作调整或做重大改变,以使他们遵守公认会计原则。

      

      h.           Subsequent
Events.  Since January 1, 2009 (the date of the most recent
balance sheet in the Wuxi Interim Financial Statements):

      

      h.           期后事项.

      自 2009年__1__月__1__日以来,
(无锡最新资产负债表中的日期) :

      

      

      
        
          	
                	
                  A.

                	
                  there
      has not been any material adverse change in the business, operations,
      properties, assets, or condition of Wuxi Angell;

                
	 	 	 
	 	A. 	无锡安久没有发生营运,财产,资产上的任何重大不利变化状况;

        

      

       

      
        	
                 
      

              	
                B.

              	
                Wuxi
      Angell has not (i) made, or agreed to make, any payment of dividends or
      distributions of any assets of any kind whatsoever to the Selling
      Shareholders; (ii) made any material change in its method of management,
      operation, or accounting; (iii) entered into any material agreement or
      material transaction; or (iv) made any accrual or arrangement for payment
      of bonuses or special compensation of any kind or any severance or
      termination pay to any present or former officer or
    employee;

              

      

      
        
           

        

        
          7

          
            

          

        

        
           

        

      

      

      
        	
              	
                B.

              	
                无锡安久还没有(i)提出,或同意作出任何支付股息或分配任何资产给售股股东; (ii)对管理及营运及会计功能作出任何重大变化; (iii)订立任何重大的协议或交易;或(iv)对任何目前或前任高管或雇员作出任何支付奖金或特别补偿或或任何遣散或终止支付的安排.

              

      

       

      
        	
                 
      

              	
                C.

              	
                Except
      as set forth on Schedule 3(i)(C) attached hereto, Wuxi Angell has not (i)
      borrowed or agreed to borrow any funds or incurred, or become subject to,
      any material obligation or liability (absolute or contingent) except
      liabilities incurred in the ordinary course of business; (ii) paid any
      material obligation or liability (absolute or contingent) other than
      current liabilities reflected in or shown on the most recent Wuxi Angell
      balance sheet, and current liabilities incurred since that date in the
      ordinary course of business; (iii) sold, transferred or otherwise disposed
      of, or pledged, mortgaged or encumbered in any way any of its assets or
      rights or any revenues derived therefore, other than sales of products and
      services in the ordinary course of business; (iv) canceled any material
      debts or claims;  (v) made or permitted any material amendment
      or termination of any contract, agreement, or license to which it is a
      party; (vi) adopted or amended any employee benefit plan, compensation
      commitment, severance agreement or employment contract (other than
      employment at-will arrangements that do not require severance or
      termination payments) to which any director, officer or employee of Wuxi
      Angell is a party or a participant; (vii) acquired any assets or property
      or made any capital expenditures, additions or improvements or commitments
      for the same, except those which do not exceed 300,000 RMB in the
      aggregate; or (viii) agreed  to do any of the
      foregoing.

              

      

      

      
        	
                 
      

              	
                C.

              	
                除了附件中的表3(i)(C)外,无锡安久没有(一)借款或同意借用任何资金或费用,或接受任何重大义务或法律责任(绝对或有条件的),除了正常业务过程中而发生的负债以外;
      (二)支付任何重大义务或法律责任(绝对或有条件的),
      除了显示在最近的无锡安久的资产负债表中的流动负债及自该日起在正常经营过程中所产生的流动负债;
      (三)出售,转让或以其它方式处置,或质押,抵押或担保其任何资产或权利或任何收益,除了在正常经营过程中销售产品和服务以外;
      (四)取消任何重大负债或债权债务;
      (五)允许合同,协议或执照上的重大修正或终止;
      (六)通过或修正任何雇员的福利计划,补偿承诺,遣散协议或劳动合同(除了不需要做解雇或终止雇用付款的雇用安排外),
      其中无锡安永的任何董事,高管人员或雇员乃是其中一方的当事人;
      (七)收购任何资产或财产,或作出任何资本支出,或增加或改进或承诺,除了那些总额不超过30万人民币的项目已外;或(八)同意做任何上述情况。

              

      

       

      
        
           

        

        
          8

          
            

          

        

        
           

        

      

      

      i.           No Debt Owed to the Selling
Shareholders.  Except as specifically identified in the Wuxi
Financial Statements, Wuxi Angell does not owe any money, securities, or
property to either of the Selling Shareholders or to any affiliate of either of
the Selling Shareholders.

      

      i.           对售股股无拖欠债务。

      除特别在无锡安久的财务报表上指明,无锡安久不欠任何金钱,有价证券,或财产,
给任何售股股东或任一售股股东的关系人。

      

      

      j.           Validity of the
Agreement.  This Agreement has been duly executed by each of
the Selling Shareholders and constitutes its valid and binding obligation,
except to the extent limited by applicable bankruptcy, reorganization,
insolvency, moratorium or other laws relating to or effecting generally the
enforcement of creditors’ rights.  The execution and delivery of this
Agreement and the carrying out of its purposes will not result in the breach of
any of the terms or conditions of, or constitute a default under or violate, the
Charter or the Foundation Agreement of Wuxi Angell, or any material agreement,
lease, mortgage, bond, indenture, license or other material document or
undertaking, oral or written, to which Wuxi Angell or either of the Selling
Shareholders is a party or is bound or may be affected, nor will such execution,
delivery and carrying out violate any order, writ, injunction, decree, law, rule
or regulation of any court, regulatory agency or other governmental body; and
the business now conducted by  Wuxi Angell can continue to be so
conducted after completion of the transaction contemplated hereby.

      

      j.    协议的有效性.

      每一个售股股东已正式执行这项协议,并构成其有效和有约束力的义务,但受制于适用的破产,重组,破产,暂停或其它有关的法律,或会影响到债权人的权利。在执行和交付本协议以及履行其宗旨,并不会导致违反无锡安久的任何条款或条件,或构成不履行或违反无锡安久的公司章程或成立协议,或任何重大协议,租赁,抵押,债券,契约,许可证或其它材料的文件或承诺(口头或书面),其中无锡安久或任一售股股东是其中当事人之一,.本份协议的执行也不会行违反任何命令,令状,禁令,法令,法律,规则或任何法院,监管机构或其它政府机构的法规.
现在无锡安久所从事的业务仍可以在交易完成后继续进行。

      
        
           

        

        
          9

          
            

          

        

        
           

        

      

      

      k.           Investment
Intent.  Each Selling Shareholder is acquiring the ABAT Shares
for its own account, for investment only, and not with a view towards the public
sale or distribution thereof within the United States of America, except
pursuant to sales registered or exempted under the Securities Act of
1933.

      

      k.           投资意向.

      个销售股东所持有ABAT的股份放于自己拥有的账户,只适用于投资,并无意在美国对大众出售或分配,除了 根据1933年美国证券法获豁免或登记注册外。

      

      4.           Warranties and
Representations of Cashtech and ABAT .  In order to induce the
Selling Shareholders to enter into this Agreement and to complete the
transaction contemplated hereby, Cashtech and ABAT warrant and represent to the
Selling Shareholders that:

      

      4.           金科技和ABAT的保证和表述.

      为促使售股股东签订本协议并完成交易,在此, 金科技和ABAT对售股股东的保证和表述是:

      

      a.           Organization and
Standing.  Cashtech is an International Business Company duly
organized, validly existing and in good standing under the laws of the British
Virgin Islands.  ABAT is a corporation duly organized, validly
existing and in good standing under the State of Delaware.

      

      a.           组织和地位.

      依英属维京群岛的法律规定,金科技是一个合法成立并有效存在的国际商业公司。ABAT是一家在特拉华州合法成立存在的公司。

      

      b.           Issuance of ABAT Common
Stock. The ABAT Shares to be issued hereunder to the Selling
Shareholders, when so issued, will be duly authorized, fully paid and
non-assessable.

      

      b.           发行ABAT普通股股票.

      ABAT将正式发行股份给给售股股东,因此发行时,该股份将获得充分的授权允许,全额支付和无其它未表明的限制。

      

      c.           Validity of the
Agreement.  All corporate and other proceedings required to be
taken by Cashtech and ABAT in order to enter into and to carry out this
Agreement have been duly and properly taken.  This Agreement has been
duly executed by Cashtech and ABAT, and constitutes a valid and binding
obligation of Cashtech and ABAT except to the extent limited by applicable
bankruptcy reorganization, insolvency, moratorium or other laws relating to or
effecting generally the enforcement of creditors’ rights.  The
execution and delivery of this Agreement and the carrying out of its purposes
will not result in the breach of any of the terms or conditions of, or
constitute a default under or violate, ABAT's Certificate of Incorporation or
Bylaws, or any agreement, lease, mortgage, bond, indenture, license or other
document or undertaking, oral or written, to which either Cashtech or ABAT is a
party or is bound or may be affected, nor will such execution, delivery and
carrying out violate any order, writ, injunction, decree, law, rule or
regulation of any court, regulatory agency or other governmental
body.

      
        
           

        

        
          10

          
            

          

        

        
           

        

      

      

      c.           合同的有效性.

      金科技公司和ABAT公司要求的以便进入和开展这份合同的所有企业和其它程序已按计划进行中。这份合同已由金科技公司和ABAT公司正式执行,并对金科技公司和ABAT公司构成一个有效的和有约束力的义务,
但受制于适用的破产,重组,破产,暂停或其它有关的法律,或会影响到债权人的权利。。在执行和交付本协议以及履行其宗旨并不会导致违约任何条款或条件的违约,或构成不履行或违反ABAT公司注册证书或章程,或违反任何协议,租赁,抵押贷款,债券,契约,许可证或其它文件或承诺(口头或书面的),而金科技公司或者ABAT公司作为当事者或者可能受到影响,或会违反任何命令,令状,禁令,法令,法律,规则或任何法院监管机构或其它政府机构的法规下,递交和实施。

      

      d.           Trading
Status.  ABAT's common stock is listed for trading on the
NASDAQ Capital Market, with the trading symbol “ABAT.”

       

      d.           股票交易状况.

      ABAT公司的普通股股票已在纳斯达克资本市场上市交易,交易代码为“ABAT”

      

      e.           SEC
Status.  ABAT is registered pursuant to Section 12(g) of the
Securities Exchange Act of 1934.  Prior to the Closing, ABAT will have
filed all reports required by the applicable regulations of the Securities
Exchange Commission. All of the filings by ABAT under the Exchange Act within
the past three years, as amended, were true, correct and complete in all
material respects when filed, were not misleading and did not omit to state any
material fact which was necessary to make the statements contained in such
public filings not misleading in any material respect.

      

      e.           在美国证券交易委员会的状况.

      ABAT公司根据1934年编订的证券交易法第12( g
)条款的规定注册登记。在交易结束前,ABAT公司将提交证券交易委员会所要求的所有报告。在过去三年内,
根据证券交易法ABAT公司提交的所有文件是真实,正确和完整的,并没有误导,也没有忽略对任何重大事件的陈述而使公开文件中有误导性的声明。

      

      f.           Compliance with
Laws.  The operations of Cashtech and ABAT have been conducted
in all material respects in accordance with all Applicable Laws.

       

      
        
           

        

        
          11

          
            

          

        

        
           

        

      

      

      f.           遵守法律.

      金科技公司和ABAT公司的业务在各个重大方面均按照所有适用的法律进行操作。

      

      5.           Condition
Subsequent:  Audit

      On or
prior to the 60th day
after the Closing Date, the Selling Shareholders shall deliver to ABAT an
unqualified audit opinion rendered by Bagell Josephs, Levine & Co, CPA with
respect to the Wuxi Annual Financial Statements.

      

      5.           后决条件:
审计.

      在截止日期之后60天之内,出售的股东应向ABAT公司递交无保留审计意见,
该审计意见由Bagell Josephs,Levine公司提供,该会计师事务所对无锡安久公司进行财务报表审计。

      

      b.           Right of
Rescission.   If the condition subsequent set forth in
this Section 5 is not satisfied (a “Subsequent
Default”), Cashtech shall have the right to rescind the purchase of the
Registered Capital.  If a Subsequent Default has occurred and is not
cured, Cashtech may exercise the right of rescission during the period
commencing on the 60th day
after the Closing Date and ending on the 180th day
after the Closing Date by giving written notice of rescission to the Selling
Shareholders (the “Rescission
Notice”).  The Rescission Notice shall designate a date for
closing of the rescission (“Rescission
Date”), which shall be no less than twenty (20) and no more than sixty
(60) days after the delivery of the Rescission Notice.  The closing of
the rescission shall take place at the offices of Wuxi Angell in
Wuxi.  On the Rescission Date, Cashtech shall deliver to the Selling
Shareholders documents sufficient to transfer to them the registered capital of
Wuxi Angell, and the Selling Shareholders will deliver to Cashtech certificates
for the ABAT Shares endorsed in blank, and shall make a wire transfer to an
account designated by Cashtech of the sum of 70 million RMB plus the equivalent
in RMB of three million six hundred and forty thousand U.S. Dollars, based on
the exchange rate quoted by the Bank of China on the Rescission
Date.  In the event that the Subsequent Default is cured after the
Rescission Notice is given but prior to the Rescission Date, the rescission will
be completed unless Cashtech agrees to waive its right of
rescission.

      

      b.           撤销权.

      如果对第5条中所列出的任何一种状况并无充分达成(“以后发生的违约行为” ) , 金科技公司有权撤销购买无锡安久的注册资本。如果以后发生的违约行为已经发生,而且没有解决, 金科技公司可在交易结束后60天起至180天以内行始其撤销权,并以书面形式通知出售方股东其撤销决定(以下简称“撤销通知书” ) 。撤销通知书指定撤销的完成日期( “撤销日期” ) ,应不少于交付撤销通知书后20天并不超过60天。撤销应在无锡安九的办公室完成。在撤销之日, 金科技公司应交付出售方股东足够的文件以将无锡安久的注册资本转回给出售方股东,
且出售方股东将交付金科技公司其无转让限制的ABAT股票证书,并应作出电汇总共7,000万人民币以及相当于364万美元的人民币到金科技公司指定的帐户,汇率按撤销日期当日中国人民银行牌价计算。如果违约行为的解决是在撤销通知发出后,但在撤销日期之前,撤销将继续完成,除非金科技公司同意放弃撤销权。

      
        
           

        

        
          12

          
            

          

        

        
           

        

      

      

      
        	
                 
      

              	
                6.

              	
                Restrictions on Resale
      of ABAT Shares.

              

      

      6.            关于ABAT公司所持股票再买卖的约束.

      

      

      The ABAT
Shares to be issued by ABAT to the Selling Shareholders hereunder will not be
registered under the Securities Act of 1933, or the securities laws of any
state, and cannot be transferred, hypothecated, sold or otherwise disposed of
within the United States of America until (i) a registration statement with
respect to such securities is declared effective under the Securities Act of
1933, or (ii) ABAT receives an opinion of its counsel that an exemption from the
registration requirements of the Securities Act of 1933 is
available.

      

      ABAT公司将要给出售方股东印发的ABAT股票将不会根据1933年编订的美国证券法或任何国家的证券法进行注册,不能在美国转移,抵押,出售或以其它方式处置,
直到(i)根据1933年美国证券法对这类证券注册并被宣布有效,或(ii)ABAT公司收到律师的意见说,根据1933年美国证券法适用规定免除注册要求。

      

      The certificates representing the
shares which are being issued to the Selling Shareholders pursuant to this
Agreement shall contain a legend substantially as follows:

      

      根据本协议, 作为发给出售方股东的股票的证书应包括以下内容:

      

      “THE
SECURITIES WHICH ARE REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, TRANSFERRED,
HYPOTHECATED OR OTHERWISE DISPOSED OF UNTIL A REGISTRATION STATEMENT WITH
RESPECT THERETO IS DECLARED EFFECTIVE UNDER SUCH ACT, OR ADVANCED BATTERY
TECHNOLOGIES, INC. RECEIVES AN OPINION OF COUNSEL THAT AN EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF SUCH ACT IS AVAILABLE.”

      

      “本证书所代表的证券没有根据1933年证券法的规定进行注册,不得出售,转让,质押或以其它方式处置,直至被宣布有效或ABAT公司收到律师意见说将可对这种证券免除注册要求。”

      
        
           

        

        
          13

          
            

          

        

        
           

        

      

      

      7.           Arbitration. Any dispute arising out
of or in connection with this Agreement, including any question regarding its
existence, validity or termination, shall be referred to and finally resolved by
arbitration under China International Economic and Trade Arbitration Commission
Rules which are deemed to be incorporated by reference into this
clause.  The number of arbitrators shall be one.  The seat,
or legal place, of arbitration will be Harbin, PRC.  The language to
be used in the arbitral proceeding shall be Chinese.

      

      7.          仲裁.

      任何由本协议引起的或者与本协议相关的争端,包括任何就其存在,有效性或终止的问题,应提交仲裁,
最终仲裁乃根据这条款认可的中国国际经济贸易仲裁委员会规则解决.仲裁者人数为一人.
仲裁机构应在中国哈尔滨,仲裁程序中所使用的语言为中文.

      

      8.           Notices.   All
notices and other communications under this Agreement shall be in writing and
shall be deemed to have been given or made as follows:

      

      8.           通知.

      按照这个合同规定,
所有的通知和交流文件都应该以书面形式并且按以下规定执行:

      

      (a)          If
sent by facsimile transmission, when transmitted to the fax numbers noted below
and receipt is confirmed by the fax machine; or

      

      (a)          如果用传真方式传递,
请把文件传递到下面列出的传真号码并且得到传真机传送成功确认的收据

      

      
        	
                 
      

              	
                (b)

              	
                If
      personally delivered, when
delivered.

              

      

      

      (b)          如果是亲自送达, 记下在何时送达的.

      

      All notices and other communications
under this Agreement shall be sent or delivered as follows:

      按照这个合同规定,
所有的通知和其它的交流文件都应该寄到或者送到下面的地址:

      

      If to the Selling
Shareholders, to: No.18,
YufengRoad, Shuofang Industrial Park,Wuxi,Jiangsu,China

      

      如果寄给出售的股东, 请寄到:中国江苏无锡硕放工业园区裕丰路18号

      

      Insert address for selling
shareholders

      Fax Number:  86 - 0510
85261985

       

      
        
           

        

        
          14

          
            

          

        

        
           

        

      

      

      (列上出售的股东的地址和电话, 传真等)

      

      If to Cashtech or ABAT, to: 21 West
39th
Street, Suite 2A, New York, NY 10018

      

      如果寄给金科技公司或者ABAT公司, 请寄到: 21 西, 39 街, 2A 室, 纽约市, 纽约邮编
10018

      Insert ZQPT address

      Fax Number:  212-391-2751

      

      
        	
                 
      

              	
                (列出中强公司的地址和电话, 传真等)

              

      

      

      Each Party may change its address by
written notice in accordance with this Section.

      根基合同中写明的,
每个公司都若要更改它的地址, 需要有书面通知.

      

      9.           Counterparts;
Translations.  This Agreement shall be written in Mandarin
Chinese and in an English language translation.  The Agreement
executed by the parties shall be in Chinese, and that version of the Agreement
shall govern.  The Agreement may be executed in multiple facsimile
counterparts.  Each of the counterparts shall be deemed an original,
and together they shall constitute one and the same binding Agreement, with one
counterpart being delivered to each party hereto.

      

      9.          副本;翻译.

      本协定应以汉语普通话和英语翻译形式书写。由各方执行的协定应为中文,并以该中文版本的协定为准且具有法律效益的主导地位。该协议可能以多种副本形式来执行。每个副本都应被视为原始文件,所有递送至各方的副本将构成同一个具有约束力的协定。

      

      10.           If
there has any point unclear, parties could use supplemental agreement to state;
this havethe same legal effect.

      10.           为尽事宜双方可用补充协议补充, 具有同等法律效力.

      

      IN WITNESS WHEREOF, the parties hereto
have set their hands as of the date and year written on the first page. 以下签字各方于本合同第一页上的日期时间签字.

      

      
        ADVANCED
BATTERY TECHNOLOGY INC.:  ABAT公司

      

      

      

      
        By: /s/ Fu
Zhiguo

      

      
                    
  Fu,
Zhiguo, Chairman  付治国, 总裁

      

      
        
           

        

        
          15

          
            

          

        

        
           

        

      

      

      CASHTECH
INVESTMENT LIMITED  金科技投资有限公司

      

      

      By: /s/ Fu
Zhiguo

      Fu, Zhiguo, Chairman  付治国, 总裁

      

      

      WUXI
BAOSHIYUN AUTOCYCLE CO., LTD. 无锡市保时运自动车公司

      

      

      By:
/s/________________

      

      MR. BAO,
JIN.  包进先生

      

      

      By:  /s/ Bao
Jin

       

      
 

      16

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00157-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00157-of-00352.parquet"}]]