Document:

Unassociated Document

    Exhibit 10.25

     

    NOTE:
PORTIONS OF THIS EXHIBIT INDICATED BY “[****]” ARE SUBJECT TO A CONFIDENTIAL
TREATMENT REQUEST, AND HAVE BEEN OMITTED FROM THIS EXHIBIT. COMPLETE, UNREDACTED
COPIES OF THIS EXHIBIT HAVE BEEN FILED WITH THE SECURITIES AND EXCHANGE
COMMISSION AS PART OF THIS COMPANY’S CONFIDENTIAL TREATMENT
REQUEST.

     

    

    Phase
I Wind Farm Project of Inner Mongolia Xilingol League Tianhe Wind Energy
Development Co., Ltd. of GD Power

    Contract
of 49.3MW Wind Power Generating Set Facilities

    

    

    Contract
No.: GDNMGXNYABGQFDYQSB2010-001

    

    

    Buyer:
Xilingol League Tianhe Wind Energy Development Co., Ltd.

    Seller:
Wuhan Guoce Nordic New Energy Co., Ltd.

    

    

    

    Date:
June, 2010

    Place:
Hohhot City,
China

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
       

      
        	
                Contracting
      parties:

              	
                Xilingol
      League Tianhe Wind Energy Development Co., Ltd. (hereinafter referred to
      as Buyer) 

                Wuhan Guoce Nordic New Energy Co., Ltd.
      (hereinafter referred to as
Seller)

              

      

    

    
       

    

    The Buyer
and Seller have reached agreement and agreed to sign the Contract in accordance
with the following articles.

    Concerning
that the holding company of Xilinguolement Tianhe Wind Energy Development
Co., Ltd. is Inner Mongolia New Energy Development Co., Ltd. of GD Power, so the
Inner Mongolia New Energy Development Co., Ltd. of GD Power shall be the
authentication party of the Contract.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Definitions

     

    The terms
used in this document and in the appendix are hereby defined.

    1.
“Buyer” refers to Xilingol League Tianhe Wind Energy Development Co., Ltd.,
including the legal representative, successor and assignee of the legal
person.

    2.
“Seller” refers to Wuhan Guoce Nordic New Energy Co., Ltd., including the legal
representative, successor and assignee of the legal person.

    3.
“Contract” refers to this document and all parts of its appendix.

    4.
“Contract Price” refers to the part specified in Chapter 3 herein.

    5.
“Effective Date” refers to the effective date of the contract specified in
Chapter 17 herein.

    6.
“Technical Materials” refers to documents (including drawings, various captions,
standards and various kinds of software) related to the design, manufacture,
supervision, inspection, installation, debugging, acceptance and performance
acceptance test and technical instruction concerning the contractual equipment
and the wind farm, and files applied to the correct running and maintenance of
the contractual wind farm as specified in Appendix 3 of the
contract.

    7.
“Contractual Equipments” refers to the machines, device, materials, things,
special tools, spare parts and all other things that are to be supplied by the
seller in accordance with the contract; as listed and specified in Appendix 2 of
the contract.

    8.
“Supervision” refers to that the buyer dispatches or the buyer entrusts a
qualified supervisory organization to dispatch a representative or
representatives to supervise the quality of the key parts of the contractual
equipments provided by the seller and the production of the set parts at the
manufacturer of fan set parts in ways of documentary witness and on-site witness
during the process of manufacturing the contractual equipments. This kind of
quality supervision does not relieve the seller of liabilities for the quality
of the contractual equipment quality.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    9.
“Supervision Representative” refers to the personnel dispatched by the buyer or
the supervisory organization entrusted by the buyer to conduct supervision of
the contractual equipment.

    10. “Unit
Set” refers to the generic terms of all the fan set, auxiliary equipment
and systems connected on one power line.

    11.
“Performance Acceptance Test” refers to the test to be made in accordance with
the requirements of Appendix 5 herein for checking the guaranteed performance
value specified in Appendix 1 of the contract.

    12.
“Assessment of the Power Characteristic Curve” refers to that the tenderee
designates the power curve inspection period at his own option according to the
wind status and production running at site within the quality guarantee period,
to conduct assessment of the power curve of each fan recorded by the central
monitoring system of the wind turbine or the power curve actually measured on
site in accordance with IEC61400-12 during the above inspection
period.

    13.
“Preliminary Acceptance” refers to the buyer’s acceptance of the contractual
equipment of the set when the performance acceptance test results indicate that
the equipment have reached the guarantee value as stipulated in Appendix 1 of
the contract.

    14.
“Pre-acceptance” refers to the acceptance entering quality guarantee period
after meeting the pre-acceptance standards specified in the contract through
installation, debugging and trial run of the equipments supplied by the seller.
The pre-acceptance certificate is the documentary evidence indicating the
buyer’s acceptance of the pre-acceptance results and it shall be signed by both
parties after the unit set passes the 250-hour trial run.

    15.
“Quality Guarantee Period” refers to that after the unit set is qualified with
250-hour trial run; during two years from the date when the two parties sign the
pre-acceptance certificate, the contractual equipment meet the stipulations
under the contract (including the guarantee values of the power characteristic
curve and the availability rate)

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    16.
“Final Acceptance” refers to the buyer’s acceptance of the contractual equipment
of the set after the quality guarantee period expires.

    17. “Day,
Month and Year” refers to the day, month and year by Gregorian calendar; “Day”
refers to 24 hours; “Week” refers to 7 days; “Year” refers to 365
days.

    18.
“Power Generation Farm” refers to Huitengliang Tianhe Wind Farm.

    19.
“Technical Service” refers to such all-through services as relevant technical
instructions, technical cooperation and technical trainings for the engineering
design, equipment construction supervision, inspection, earthwork, installation,
debugging, acceptance, performance acceptance test, running and maintenance
related to the contractual equipments supplied by the seller. See Appendix
7.

    20.
“Site” refers to the Huitengliang Tianhe Wind Farm. It is the place where the
buyer will install the contractual equipment.

    21.
“Mandatory Spare parts” refers to the spare parts required during the
installation and debugging.

    22.
“Generator Sets” refers to a complete set of system consisting of wind power
generator sets and their auxiliary equipment.

    23.
“Written Documents” refers to any manuscript, typed or printed documents with an
organization’s official seal or the signature of the legal representative or its
authorized person.

    24.
“Sub-contractor” refers to another legal person and her/his successor and an
assignee with the approval of this legal person who is subcontracted the five
large parts within the contractual scope of supply by the seller.

    25. “Last
Delivery” refers to that after the delivery of this batch of goods, the total
value of the delivered goods of the contractual equipment accounts for over 98%
of the price of such contractual equipment, and the undelivered equipment shall
have no impact on the installation, debugging and performance acceptance test of
the entire set.

    26.
“Equipment Defect" refers to such situations that the contractual equipment
(including parts, raw materials, castings and forgings, original parts and etc.)
fail to meet the requirements of performance and quality standard specified in
this contract as caused by design, fabrication error or ignorance of the
seller.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    27.
“Miscellaneous Freight” refers to the freight of road, water, railway, air
transportation for the delivery of contractual equipment from seller’s departure
station to the destination, as well as the insurance fee and all kinds of
expensed incurred during the transportation.

     

    Chapter
I Subject Matter of Contract

     

    This
contract is subject to the principle of trading voluntariness.

    The
equipment as agreed herein will be used in the Huitengliang Tianhe Wind
Farm.

    1.1 Name,
Specification (Model) and Quantity of Equipment

    Equipment
name: wind generating set;

    Equipment
specification (model): see technical specification;

    Equipment
quantity: see technical specification.

    1.2 All
equipment supplied by the Seller shall be totally new, technically advanced,
secure, economical, mature and reliable.

    1.3
Technical specification, technical and economic indicators and performance of
the equipment shall be according to Appendix 1 hereof.

    1.4 Scope
of supply as to contractual equipment provided by the Seller shall be according
to Appendix 2 hereof.

    1.5
Technical documentations provided by the Seller shall be according to Appendix
3 hereof.

    1.6
Delivery progress as to the Seller’s supply shall be according to Appendix 3 and
Appendix 4 hereof. 

    1.7
Technical services provided by the Seller shall be according to Appendix 7
hereof.

    1.8
Supervision, inspection and acceptance by the Buyer of the equipment provided by
the Seller shall be according to Appendix 5 hereof.

    1.9 The
Seller shall provide transport and insurance of the equipment.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Chapter
II Scope of Supply

     

    2.1 See
Appendix 2 hereof for scope of supply herein.

    2.2 Scope
of supply herein includes all devices, technical documentations, technical
services, special tools and spare parts; where any omission or lack of items is
found during the execution hereof, such items as devices, technical
documentations, special tools and spare parts, which are not included in the
list of delivery or packing list but are clearly defined in the scope of supply
by the Seller and are necessary for satisfying the requirements of
performance guarantee value upon contractual equipment as specified in Appendix
1 hereof, or which are required for operation of the contractual equipment or
meeting examination and repair conditions, shall be for free supplied by the
Seller, without causing any expense to the Buyer.

     

    Chapter
III Contract Price

     

    3.1 Total
contract price is RMB 230 million Yuan (in words: RMB two hundred and thirty
million Yuan Sharp).

    3.2 Total
contract price includes any and all expenses arising out of or from contractual
equipment (inclusive of special lifting devices, tools and spare parts),
technical documentations, technical services, as well as any and all expenses
relating to this contract like taxes of the contractual equipment.

    Equipment
price herein includes taxes, technical documentation fees, loading fees when the
equipment is delivered, transport costs, packing charges of all equipment and
related expenses caused by importing matching devices for contractual equipment,
which shall be paid by the Seller.

    3.3 See
Appendix 6 for breakdown prices of the contractual equipment.

    3.4 Total
contract price shall remain unchanged during the period of validity
hereof.

     

    Chapter
IV Payment

     

    4.1 The
currency used in this contract is RMB.

    4.2 The
mode of payment is cash or bill.

    4.3
Payment of contractual equipment expenses:

    4.3.1
Advance:

    
      
         

      

      
         

        
          

        

      

      
         

      

      NOTE:
PORTIONS OF THIS EXHIBIT INDICATED BY “[****]” ARE SUBJECT TO A CONFIDENTIAL
TREATMENT REQUEST, AND HAVE BEEN OMITTED FROM THIS EXHIBIT. COMPLETE, UNREDACTED
COPIES OF THIS EXHIBIT HAVE BEEN FILED WITH THE SECURITIES AND EXCHANGE
COMMISSION AS PART OF THIS COMPANY’S CONFIDENTIAL TREATMENT
REQUEST.

    

    Where the
following vouchers provided by the Seller have no error in examination within
[****] as from the date when this purchase contract is signed, the Buyer shall
pay to the Seller [****] of [****] as advance.

    
      	
              Ø

            	
              Irrevocable
      performance security issued by the Seller’s opening bank in favor of the
      Buyer, whose amount is equal to [****] of [****] (one original and one
      copy);

            

    

    
      	
              Ø

            	
              One
      legal original of financial voucher issued by the Seller, whose amount is
      equal to [****] of [****];

            

    

    
      	
              Ø

            	
              The
      Seller shall give written notice to the Buyer of specific date of
      receiving advanced according to the certificate of collection of payment
      issued by the Seller’s bank.

            

    

    4.3.2
Progress payment

    Where the
following vouchers provided by the Seller have no error in examination within
[****] as from the date when this purchase contract is signed, the Buyer shall
pay to the Seller [****] of [****] as stock payment.

    
      	
              Ø

            	
              One
      legal original of financial voucher issued by the Seller, whose amount is
      equal to [****] of [****];

            

    

    
      	
              Ø

            	
              One
      copy of purchase contract for raw materials and purchased parts or
      relevant certificates;

            

    

    
      	
              Ø

            	
              Production
      scheduling.

            

    

    4.3.3
Payment after arrival of goods

    The
Seller shall deliver required sets of equipment to the place of delivery in
sequence of delivery and within specified time, and pay [****] of [****].
Further, the Seller shall supply to the Buyer the following vouchers, and shall
pay corresponding accounts within [****] after these vouchers have no error in
examination by the Buyer.

    
      	
              Ø

            	
              Detailed
      packing list of these sets (two originals and four
  copies);

            

    

    
      	
              Ø

            	
              Certificate
      of inspection for quantity and quality of these equipment (two originals
      and four copies);

            

    

    
    

    
      
         

      

      
         

        
          

        

      

      
         

      

      NOTE:
PORTIONS OF THIS EXHIBIT INDICATED BY “[****]” ARE SUBJECT TO A CONFIDENTIAL
TREATMENT REQUEST, AND HAVE BEEN OMITTED FROM THIS EXHIBIT. COMPLETE, UNREDACTED
COPIES OF THIS EXHIBIT HAVE BEEN FILED WITH THE SECURITIES AND EXCHANGE
COMMISSION AS PART OF THIS COMPANY’S CONFIDENTIAL TREATMENT
REQUEST.

    

    
      	
              Ø

            	
              Four
      copies of insurance contract for all risks of freight transport against
      which the Seller purchases insurance with [****] of [****] in favor of the
      Seller;

            

    

    
      	
              Ø

            	
              One
      original and four copies of “Inspection Certificate” for the batch of
      equipment signed by the representative authorized by the
      Buyer;

            

    

    
      	
              Ø

            	
              One
      original of legal financial voucher for amount to be paid for each set,
      issued by the Seller.

            

    

    4.3.4
Installation payment

    The Buyer
shall, within [****] after the equipment is installed, [****] of [****]
according to the [****].

    
      	
              Ø

            	
              One
      original of legal financial voucher issued by the Seller, whose amount is
      equal to [****] of total equipment price calculated according to the
      [****].

            

    

    4.3.5
Pre-acceptance payment

    The Buyer
shall, within [****] after the equipment is adjusted and pre-accepted, pay
[****] of the [****] according to the [****].

    
      	
              Ø

            	
              One
      original of legal financial voucher issued by the Seller, whose amount is
      equal to [****] of [****] calculated according to the
    [****].

            

    

    
      	
              Ø

            	
              Pre-acceptance
      certificate provided by the Seller and signed by the Seller and the Buyer
      (two originals and four copies).

            

    

    4.3.5
Quality assurance payment

    [****] of
[****] is used as equipment quality assurance money.

    Where no
quality problem arises one year as from expiration of quality assurance period
of the contractual equipment, all performance indicators reach assurance values
as provided for in the appendixes hereto, and the Seller provide the following
vouchers which meet no error in examination, the Buyer shall pay to the Seller
[****] of [****] within [****].

    
      	
              Ø

            	
              One
      original of legal financial voucher issued by the Seller, whose amount is
      equal to [****] of [****].

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

      NOTE:
PORTIONS OF THIS EXHIBIT INDICATED BY “[****]” ARE SUBJECT TO A CONFIDENTIAL
TREATMENT REQUEST, AND HAVE BEEN OMITTED FROM THIS EXHIBIT. COMPLETE, UNREDACTED
COPIES OF THIS EXHIBIT HAVE BEEN FILED WITH THE SECURITIES AND EXCHANGE
COMMISSION AS PART OF THIS COMPANY’S CONFIDENTIAL TREATMENT
REQUEST.

    

    Where no
quality problem arises [****] as from expiration of quality assurance period of
the contractual equipment, all performance indicators reach assurance values as
provided for in the appendixes hereto, and the Seller provide the following
vouchers which meet no error in examination, the Buyer shall pay to the Seller
[****] of [****] within [****].

    
      	
              Ø

            	
              One
      original of legal financial voucher issued by the Seller, whose amount is
      equal to [****] of [****].

            

    

    
      	
              Ø

            	
              Four
      copies of final acceptance certificate for the contractual
      equipment.

            

    

    4.4 As
for time of payment, the date of acceptance of the Buyer’s bank is taken as
actual date of payment.

    4.5 The
Seller shall, according to execution progress of this contract and the Buyer’s
requirements, timely provide to the Seller the originals of value added tax
invoices for contract advance, stock payment, payment after arrival of goods,
pre-acceptance payment and quality assurance payment.

    4.6
Payment of main sub-contract and outsourced equipment

    As the
Buyer has no direct contractual relation with contract sub-contractor and
outsourced equipment supplier, the payment of main sub-contract and outsourced
equipment herein shall be made by the Seller. Provided that main sub-contract
and outsourced equipment may not be delivered on schedule for some reason (where
the Buyer makes timely payment towards the Seller, while the Seller fails to
make timely payment towards contractor sub-contractor or outsourced equipment
supplier), so as to affect construction progress, the Buyer shall be entitled to
tentatively terminate payment towards the Seller. After the Seller pays to
contract sub-contractor or outsourced equipment supplier related accounts, the
Buyer shall continue making payment towards the Seller.

    The
Buyer’s behavior above does not constitute any breach, but the period shall not
exceed [****].

    If the
Seller still fails to make payment towards contract sub-contractor or outsourced
equipment supplier, the Buyer shall, for the sake of guaranteeing construction
progress,
be entitled to make direct payment towards contract sub-contractor or outsourced
equipment supplier, which payment and relevant interests (the Buyer’s deposit
interests) shall be deducted from the next payment due to the Seller from the
Buyer.

    
      
         

      

      
         

        
          

        

      

      
         

      

      NOTE:
PORTIONS OF THIS EXHIBIT INDICATED BY “[****]” ARE SUBJECT TO A CONFIDENTIAL
TREATMENT REQUEST, AND HAVE BEEN OMITTED FROM THIS EXHIBIT. COMPLETE, UNREDACTED
COPIES OF THIS EXHIBIT HAVE BEEN FILED WITH THE SECURITIES AND EXCHANGE
COMMISSION AS PART OF THIS COMPANY’S CONFIDENTIAL TREATMENT
REQUEST.

    

    4.7
Deduction and payment of liquidated damages

    If the
Seller fails to execute the contract as required, related accounts shall be paid
to the Buyer [****] after the Seller receives written notice from the Buyer and
the certificate as to such liquidated damages, the Buyer shall also be entitled
to deduct such liquidated damages from performance security and any account
payable; if the Buyer incurs losses due to any manufacture quality problem,
related accounts shall be deducted from quality assurance money.

    If the
Buyer fails to execute the contract as required, related accounts shall be paid
to the Seller [****] after the Buyer receives written notice from the Seller and
the certificate as to such liquidated damages which is accepted by the
Buyer.

    4.8 Any
and all bank charges arising in the Buyer’s bank and relating to contract
performance shall be borne by the Buyer, while any and all bank charges arising
in the Seller’s bank and relating to contract performance shall be paid by the
Seller.

     

    Chapter
V Delivery and Transport

     

    5.1 The
delivery date and sequence of this contract equipment shall meet the requirement
of equipment installation progress and sequence of the project to guarantee the
timeliness and completeness of the assembly. See Appendix 4 for the delivery
time of the assembly.

    5.2
Transport mode and delivery place

    5.2.1 The
transport of the contract equipment mainly adopts the road transport; if meeting
the special case, other transport modes can be adopted, but the expenses will
not change.

    5.2.2
Delivery place of the contract equipment: delivery on the vehicle board of the
project site.

    Main
engine: the project site of the wind farm (on the vehicle)

    Blade:
the project site of the wind farm (on the vehicle)

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
          NOTE:
PORTIONS OF THIS EXHIBIT INDICATED BY “[****]” ARE SUBJECT TO A CONFIDENTIAL
TREATMENT REQUEST, AND HAVE BEEN OMITTED FROM THIS EXHIBIT. COMPLETE, UNREDACTED
COPIES OF THIS EXHIBIT HAVE BEEN FILED WITH THE SECURITIES AND EXCHANGE
COMMISSION AS PART OF THIS COMPANY’S CONFIDENTIAL TREATMENT
REQUEST.

        

      

    

     

    5.3
Within [****] from the date when the contract comes into force, the
seller shall provide names, total weight, total volume of each batch of
goods, primary delivery plan of delivery date and total product lists under the
terms of this contract and total packing lists corresponding to the delivery
scope of the contract, in accordance with the Appendix 4 of the contract..
[****] before the start of the expected shipment of each batch of goods, the
seller shall notify the buyer of all the contents in Article (5.6) in
written.

    5.4 The
delivery date of each batch of the contract equipment shall subject to the
actual time on the delivery order. This date shall be the basis for calculating
the penalty for later delivery of goods in the Article 10.9 of the
contract.

    5.5
Within [****] after each batch of goods are ready and shipping
vehicles/ships are sent off, the seller shall notify the seller of the following
contents about this batch of goods in written.

    
      Contract
No.;

    

    (1)
Contract No.;

    (2) Set
No.;

    (3) Goods
delivery starting date;

    (4) Names
and codes of goods;

    (5) Gross
weight of goods;

    (6) Total
volume of goods;

    (7) Total
packed quantities and packing modes;

    (8)
Names, weight, volume and quantities of each product exceeding 20 tons
(including 20 tons) in weight and 9m×3m×3m in size. Center of gravity and
hoisting point must be indicated for each piece of such equipment (part) with
sketches attached;

    (9) For
special products (equipments or substances having special requirement for
environmental factors such as temperature and vibration and explosive, flammable
and poisonous substances and other dangerous products), special indications must
be made for
its name, code, quality, special protective measures, storage method and
accident treatment methods;

    
      
         

      

      
         

        
          

        

      

      
         

      

      NOTE:
PORTIONS OF THIS EXHIBIT INDICATED BY “[****]” ARE SUBJECT TO A CONFIDENTIAL
TREATMENT REQUEST, AND HAVE BEEN OMITTED FROM THIS EXHIBIT. COMPLETE, UNREDACTED
COPIES OF THIS EXHIBIT HAVE BEEN FILED WITH THE SECURITIES AND EXCHANGE
COMMISSION AS PART OF THIS COMPANY’S CONFIDENTIAL TREATMENT
REQUEST.

    

    (10)
Supply list of this batch of equipment.

    5.6
Products not invoiced in Appendix 4 shall be delivered on the basis of
installation progress.

    5.7 The
buyer can dispatch a representative to the seller’s factory and shipment station
to check packing quality and monitor loading situation. The seller shall inform
the buyer of the delivery date [****] in advance. If the representative of the
buyer can not participate in inspection in time, the seller has the right to
send out goods. Inspection and monitoring of the above mentioned representative
may not relieve the seller of its due liabilities.

    5.8 After
the arrival of each batch of equipment, the buyer will notify the seller to
check the pieces of the goods at the designated arrival place. After affirming
that the appearance and packages of the goods are intact, the authorized
representative of the buyer will sign the “receiving bill” in duplicate together
with the site representative of the seller; the bills are held by both parties
separately.

    If the
packages are damaged in the process of transport, the authorized representative
of the buyer will examine the equipment or parts in damaged packages together
with the site representative of the seller. If the equipment or parts are
affirmed to be intact, the “receiving bill” can be signed. Once the equipment or
parts are found to be lost or damaged, the seller shall notify the insurance
company and the transportation department timely, and supply the lacked goods as
quickly as possible.

    5.9 After
taking over each batch of equipment, the buyer shall notify the seller to open
the cases for examination on site together within certain time. After ensuring
the completeness of the delivered goods, the authorized representative of the
buyer shall sign the “examination certificate” of quadruplication of this batch
of equipment with the site representative of the seller, each party holds two
copies. When opening the cases for examination of the import complete equipment
delivered to the site directly, the site representative of the seller shall
provide tow copies of the commodity inspection
certificate of the import complete equipment issued by the commodity inspection
bureau to the buyer.

    
      
         

      

      
         

        
          

        

      

      
         

      

      NOTE:
PORTIONS OF THIS EXHIBIT INDICATED BY “[****]” ARE SUBJECT TO A CONFIDENTIAL
TREATMENT REQUEST, AND HAVE BEEN OMITTED FROM THIS EXHIBIT. COMPLETE, UNREDACTED
COPIES OF THIS EXHIBIT HAVE BEEN FILED WITH THE SECURITIES AND EXCHANGE
COMMISSION AS PART OF THIS COMPANY’S CONFIDENTIAL TREATMENT
REQUEST.

    

    5.10
During the period of installation, debugging and quality guaranteeing period, in
case that spare parts in the buyer’s storage for replacing damaged equipment or
parts are used because of the damage or potential deflect caused by the seller’s
error or neglect, the seller shall [****], and the seller shall [****] and
notify the buyer.

    5.11 The
seller shall, in accordance with the provisions of Appendix 1 and Appendix 3,
provide technical materials needed for wind farm design, construction
supervision, adjustment, test, inspection, training, running and maintenance to
the sell batch by batch. See Appendix 3 for the quantity and contents of the
technical materials. The list of the foresaid technical materials and the
delivery schedule conforming to the provisions of Appendix 3 shall be listed
separately.

    5.12 The technical materials
are delivered in the way of postal express. After each batch of technical
materials are delivered, the seller shall notify the buyer of the delivery date,
mail No.; detailed list of technical materials, quantity and weight and contra
ct No. etc. with fax within [****].

    5.13 The
actual delivery date is considered as the postal mark date on the consignment
notice of the postal department. This date will be used as the basis for delay
penalty calculation for any late document delivery according to Article 10.10 of
the contract.

    If it is
found that technical documents are missed, lost or damaged after checked by
representatives of the buyer or seller, the seller shall supplement and provide
to the site the missed, lost or damaged parts thereof for free within [****]
upon receiving notification of the buyer.

    5.14 The
seller shall deliver goods strictly in accordance with the delivery schedule of
the contract. If the buyer requires the seller to deliver goods in advance due
to the buyer’s factor, the seller shall do their possible to cooperate, but the
buyer shall notify the seller in advance, in order that the seller has necessary
time for production and transportation to satisfy the requirement of delivery in
advance. If it is the true reason that the actual production cycle of the needed
equipment and the transportation factor cannot satisfy the buyer’s requirement
of delivery in advance, the seller shall [****]. If the buyer requires the
seller to postpone the goods delivery due to the buyer’s factor, the seller
shall do their possible to cooperate and deliver goods as the new supply time
required by the buyer, and the [****].

    
      
         

      

      
         

        
          

        

      

      
         

      

       

    

    5.15
Receiving unit: Xilingol League Tianhe Wind Energy Development Co.,
Ltd.

    5.16
Mailing address of the technical materials:

    Unit:

    Address:

    Post
code: 

    5.17
Mailing address of the technical matching materials:

    Unit:
Xilingol League Tianhe Wind Energy Development Co., Ltd.

    Address:

    Post
code: 

     

    Chapter
VI Packing and Mark

     

    6.1 All
the goods delivered by the seller shall comply with provisions in the national
standard GB191-2000 packing, storage and
shipping direction mark and firm packages applicable to long-distance transport,
repetitious moving, loading and unloading specified by the goods carriage
acceptance department to ensure to deliver the goods safely to the installation
site without any damage or corrosion.

    The
packaging shall be complete and intact during transport, loading and unloading
process equipped with vibration-reducing and impact-proofing measures. If the
packages can not prevent the equipments from damages caused by vertical and
horizontal added speed during transport, loading and unloading process, the
buyer shall solve the problem in the design structure of
equipments.

    The
seller shall properly paint to the contract equipment to adapt the conditions of
the long distance marine transportation and land transportation, mass hoisting,
unloading,
long-term open-air storage and the requirements in actual operation, thus to
prevent from the damages caused by rain and snow, humidity, rust, corrosion,
shock, as well as mechanical and chemical damages. If the packages and the
prevention measures the seller adopting exist any flaw not conforming to the
foresaid requirements, which cause the contract equipment damages (including
rust-eaten), the seller shall undertake the responsibility to repair or replace
the damaged parts and bear all the expenses by himself.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    The
seller shall package in accordance with the different forms and features of the
contract equipment. The packaging shall be equipped with protective measures for
preventing humidity, rain, mold, rust, corrosion and shock when needed according
to equipment characteristics to ensure that the goods are safely delivered to
the equipment installation site without any damage and corrosion.

    Before
product packaging, the seller is responsible for checking and cleaning without
foreign things left and guaranteeing complete parts and components.

    6.2 The
seller shall clearly mark component No. and part No. in the installation daring
for each bulked parts and components within the packing box. The mark shall be
easy to be identified and not easy to be lost or to be erased by accident. The
mark shall not impact the beautiful appearance of the whole equipment and system
after installation.

    6.3 The
seller shall print the following marks at the four neighboring sides of each
packing box in Chinese characters with striking unfading paint.

    (1)
Contract No.;

    
      (2)
Destination
station;

    

    (3) Names
of supply and receiving units and the code of the receiving unit;

    (4) Name
of equipment, set No. and drawing No.;

    (5) Box
No. / Piece No.;

    (6) Gross
weight/net weight (kilogram);

    (7)
Volume (length × width × height, expressed with
mm).

    For goods
with or exceeding two tons, the side of the packing box shall be indicated with
center of gravity and hoisting point with common mark and pattern for the
convenience of loading, unloading and transport.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    According
to the characteristics of the equipment and different requirements for loading,
unloading and transport, general marks such as “be careful”, “gently
place”, “upward”, “anti-rain”, “moisture proof”, “no upside-down”, “heat
frightening”, “be away from radioactive source and heat source”, “hoisting from
here”, “centroid”, “stacking load limit”, “stacking layers limit” and
“temperature limit” shall be marked at the obvious position of the
box. The marks shall conform to the provisions of GB191 and GB6388.

    6.4 For
nude packed goods, the above mentioned relevant contents shall be indicated with
metal label or directly on the equipment. Large goods shall be equipped with
sufficient support or packing cushions. The expenses shall be borne by the
seller.

    
      	
              6.5
      Within each packing box, detailed packing list for names of sub-items,
      quantity, price and set No. and drawing No., qualification certificate,
      quality qualification certificate and technical description shall be
      attached and made in duplicate. There shall be two copies of technical
      instruction and quality certificate for product acceptance respectively in
      the packing box of the purchased parts. Another two copies of the above
      materials shall be sent by express.

            

    

    
      	
              6.6
      Spare parts and special tools listed in Appendix 2 shall be packed
      respectively, the indication shall be made at the external side of the
      packing box and the word “spare parts” or “special tools” shall be marked
      as one-time delivery.

            

    

    
      	
              6.7
      The seller shall stick the label on the bulk attachments in package or in
      bundle. The label shall be written in clear printing Chinese and marked
      the relevant contents of Article
6.2.

            

    

    
      	
              6.8
      Bulked parts for all equipment shall adopt good packing method and put
      into suitable box, and send out within one vehicle if
      possible.

            

    

    
      	
              6.9
      Latticed box and/or similar packages shall be capable of containing
      equipments and spare parts that may not be stolen or damaged by other
      substances or rain.

            

    

    
      	
              6.10
      All ports of all pipes, pipe fittings, valves and other equipments must be
      protected with covers or otherwise properly protected. For the equipment
      needing transportation with nitrogen (N2)
      protection, the nitrogen shall be inflated to protect the equipment and
      the nitrogen gas cylinder with the indicating instrument shall be
      equipped.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
              6.11
      The seller and/or other sub-contract shall not indicate any two boxes with
      one box No.. The packing case shall be numbered in sequence; and in the
      whole process of shipment, the order of the boxing numbers are consistent
      throughout.

            

    

    
      	
              6.12
      For goods with bright and cleaning process surface in need of accurate
      assembly, the process surface shall be protected with fine and durable
      layer (no paint is allowed) to prevent the occurrence of rust corrosion or
      damages before installation.

            

    

    
      	
              6.13
      The seller shall use packages applicable for long-distance, repetitious
      moving, rain prevention and humidity prevention for the technical
      materials delivered. The cover of each technical material package shall
      indicate the following contents:

            

    

    (1)
Contract No.;

    (2) Names
of supply and receiving units;

    (3)
Destination station;

    (4) Gross
weight;

    (5) Box
No. / Piece No..

    Within
each material package, one original and two duplicate copies of a detailed list
of technical documents indicating technical materials’ sequence No., Document
Item No., Name and pages shall be attached. The copies of the materials
submitted shall subject to the provision in Appendix 3.

    6.14
Where the good are damaged or lost because of the bad packing or keeping of the
seller, anytime or anywhere, once validated, the seller shall be responsible for
timely repairing, replacement or compensation according to Chapter 10 of this
contract. When the goods are damaged or lost during the transport, the seller is
responsible for negotiate with insurance company and transport-undertaking
department, and at the same time shall supplement the goods as soon as possible
to the buyer to meet the demand of construction period.

    6.15 The
side of the cabin is the marking of the buyer’s enterprise, which shall be
painted by the seller before delivery, and shall be sent to the seller by the
buyer in electronic mode one month before the equipment
delivery.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Chapter
VII Technical Service and Liaison

     

    7.1 The
seller shall timely provide such all-through services as relevant
technical instructions, technical cooperation and technical trainings for
the engineering design, equipment construction supervision, inspection,
earthwork, installation, debugging, acceptance, performance acceptance test,
running and maintenance related to the contractual equipments supplied by the
seller.

    7.2 The
seller shall send representatives to the site of the contractual wind farm to
provide technical service and instruct the buyer through the process of
installation, partial trial run, debugging and start-up according to the
technical materials from the seller. And the seller shall also be liable for
solving any problem concerning manufacture quality and performance that arises
during installation, debugging and trial run.

    7.3 The
seller shall submit the plan for carrying out the services stated in Article 7.1
and 7.2 in duplicate to the buyer by mail within 1 month after the contract
comes into effect.

    7.4 Both
parties shall determine the time of the technical liaison meeting within 15 days
after initialing the contract.

    7.5 The
buyer is entitled to participate in the seller’s technical design; the seller is
under the obligation to invite the buyer to participate in the seller’s
technical design when necessary and is also liable for the interpretation of the
design.

    7.6 In
case of big problems that call for the immediate negotiation of both parties,
either of the two parties can propose a meeting and generally the other party
shall agree to attend the meeting.

    7.7 As to
each meeting and other types of liaison, the meeting or liaison minute shall be
signed and enforced by both parties. In case the contract terms and conditions
are to be amended, it shall be approved by the legal representative of both
parties and the amended version shall be the standard. In case the significant
technical proposal and/or contractual price are to be amended, it can only be
enforced after it is submitted to the approval institute of the original
contract and approved.

    7.8 In
case the seller is to amend the scheme for installation, debugging, running and
technical service proposed by the seller and confirmed by both parties at the
meeting, the seller shall inform the buyer in written form for confirmation. In
order to meet the requirements of site conditions, the buyer has the right to
suggest alteration or amendment and shall inform the seller in written form. The
seller shall take full consideration and meet the requirements of the buyer as
possibly as it can.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    7.9 The
buyer has the right to distribute the materials related to the contractual
equipments provided by the seller or the seller’s sub-contractor to all parties
involved in the project, and no forms of tort thus arises. However, in no
circumstances shall the materials be provided to the third party who is not
involved in the project.

    7.10 As
to the materials of the seller and the buyer which are sealed with
“CONFIDENTIAL”, both parties undertake the confidentiality liabilities and
obligations.

    7.11 In
case the seller’s sub-contractor needs part of the technical service related to
the contractual equipments or works in the site, it shall be organized by the
seller and approved by the buyer. All the expenses shall be borne by the seller
itself.

    7.12 The
seller (including subcontracting and outsourcing) shall undertake the full
liability for supply, equipment, technical interface and technical service
involved in the contract.

    7.13 As
to other equipments connected with the contractual equipments, the seller is
under the obligation to provide interface and technical cooperation and no rise
of the contract price.

    7.14 The
technicians who are sent to the site by the seller to offer services shall be
experienced and competent. The technicians shall be confirmed by the buyer
within 1 month after the contract comes into effect.

    The buyer
has the right to suggest replacing those who fail to meet the requirements, and
the seller shall assign new technicians recognized by the buyer. In case the
seller fails to make a timely reply to the request for replacing incompetent
technicians by the buyer within 5 days, it shall be regarded as the delay of the
project according to Article 10.11.

    7.15 The
seller shall be liable for the loss caused by the technicians’ negligence or
faults in instructing the installation and debugging or by the seller’s failure
in assigning personnel for instruction according to the
requirements.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    7.16
Refer to Appendix 7 for the specific requirements for technical service and
liaison.

     

    Chapter
VIII Quality
Supervision and Checking

     

    8.1
Supervision

    8.1.1 The
seller should offer design, fabrication and checking standard catalog of the
contractual equipment to the buyer within 1 month from the effective
date of the contract. And the design, fabrication and checking standard
shall conform to the stipulations in Appendix 1 and 5.

    8.1.2 The
buyer will consign supervision units who are qualified to carry out or the buyer
itself carries out equipment construction supervision and test before
leaving factory under the instruction of the buyer or the supervision units, to
understand the instance of equipment assembling, checking, testing and casing
quality, and sign.

    The
standards of supervision test are the corresponding standards listed in Appendix
1 and 5. The seller has the liability to cooperate with supervisors to offer
relative data and standards without assuming any charge from them in
time.

    8.1.3
Refer to Appendix 5 for the supervising range and detailed supervising
testing/witness item.

    8.1.4 The
seller should offer data as follows for the supervising test of the supervising
representatives and factory stationed representatives:

    8.1.4.1
Before delivering equipment materials according to the contract, producing plan
of the whole equipment and producing schedule and checking project per month
should be offered.

    8.1.4.2
Offer supervising content and checking time for equipment 7 days before
action.

    8.1.4.3
Offer standards (including factory standard), drawing, data, craftwork and
practical craftwork course, checking record related to the equipment supervision
in the contract, and relevant files and copies as stipulated in Appendix
5.

    8.1.4.4
Give working and living convenience to the supervising representatives and
factory stationed representatives.

    8.1.5
Supervising checking/witness (usually on-site witness) should not affect the
producing schedule in gear (not including shutdown checking when significant
problem appears), and should take practical producing course of the seller into
account.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    If
supervising representatives can not arrive to the locale on the informed time
from the seller, testing work of the seller’s factory can be on the rails, with
the results in effect, but the supervising representatives have the right to
know, consult and copy the report and results of checking and testing after
(transfer to documentary witness).

    If the
seller checks separately without informing supervising representatives, the buy
will not accept the checking results, and the seller should, at its own expense,
test with the buyer’s representatives on the site.

    8.1.6
Through supervision, when finding equipments and materials not matching
standards and casing in the contract, supervising representatives have the right
to make remarks and not to sign. And the seller should improve to ensure product
quality.

    No matter
the supervising representatives know or claim to know, the seller has the
responsibility to tell initiatively and timely the big quality defects and
problems through fabrication of contracted equipment. Keeping back is not
allowed and the seller should not handle separately when the supervising unit
knows nothing about it.

    8.1.7 No
matter supervising representatives are concerned with supervision and leaving
factory check, or supervising representatives attend supervision and checking,
and sign the supervision and check report, it can not be considered as the
seller unchaining the quality insurance responsibility under Chapter 10 of the
contract, and it can not prevent the responsibility the seller should take on
the equipment quality.

    8.2   Factory
Checking and Open package inspection

    8.2.1 All
contracted equipment/parts (including subcontracting and outsourcing) applied by
the seller should be check and test strictly through producing process, and
parts and/or the complete machine should be equipped and tested before leaving
factory. All the check, test and assembling should be recorded formally. After
the completion of the above work, the qualified ones can leave the factory for
delivery.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    And these
formal recording documents and acceptance certification, as a part of technique
data, should be posted to the buyer for data save. Besides, the seller should
offer acceptance certification and quality certification in random
files.

    Test of
100% contractual equipment shall be ensured and relevant test report shall be
provided in the factory leaving test of the sets.

    8.2.2
When products reach the destination, the buyer should reach the locale timely
after receiving the notice from the seller, and check the casing, appearance and
amount according to the waybill and packing list together with the buyer. Any
unconformity that is affirmed to be the seller’s responsibility by the two
parties should be solved by the seller.

    After the
product reaching the locale, the buyer should open the box and test the amount,
specs and quality as soon as possible. The buyer should inform the date of box
opening test to the seller 7 day before test, and the seller should sent
identifiers to attend locale test. The buyer should give working and living
convenience to the identifiers from the seller.

    If the
seller’s personnel do not reach the locale on time, the buyer has the right to
open the box and test separately, and the test results and records have the
effect to both sides and are the evidence in effect when the buyer claims
compensation to the seller.

    If the
buyer opens the box at his own option without notifying the seller, or the buyer
does not open the box after 3 months when each batch of equipment reaches the
site, the consequences incurred shall be undertaken by the buyer.

    8.2.3
When any damage, defect, shortage or unconformity to quality standard and
criterion in the contract on the equipment for the seller’s reason is found
through locale test, record should made and be signed by both parties, each side
keeping one as the gist for claiming repairing and/or changing and/or
compensation; if the seller asks the buyer to repair the equipment, all the
repairing charge should be taken by the seller.

    If damage
or shortage for the buyer’s reason is found, the seller should offer or change
relevant parts as soon as possible after receiving notice from the buyer, with
all charge taken by the buyer.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    8.2.4 If
the seller dissents the requirements of repairing, changing and compensation
from the buyer, he should bring forward it within 7 days after receiving written
notice from the buyer, or the requirements will come into existence. If
dissenting, the seller should send representatives to the locale on his own
expense to test again within 14 days after receiving the notice.

    8.2.5 If
representatives from the two parties can not be unanimous on the test records,
the buyer entrust an authoritarian and independent third party testing
institution / two-party authoritarian testing institution to test. The test
results have sanction to both sides and the test charge should be taken by the
responsible party.

    8.2.6
When receiving compensation claim from the buyer under the Article 8.2.2 to
8.2.5 of the contract, the seller should repair, change or reissue the shortage
as soon as possible in accordance with the stipulations in Article 8.2.7, all
charge, including fabricating, repairing, carriage, and insurance should be
taken by the responsible party. The compensation claim laid before will be
deducted from contract fulfilling guarantee or the next payment by the buyer if
the seller fails to pay it.

    8.2.7 For
the repairing, changing or shortage supplementing time of the equipment or parts
attributed to the seller, the seller shall repair, change, or supplement the
missed, lost, defective or damaged parts for free within ten (10) days upon
receiving the buyer’s compensation claim, as well as bear all the direct
expenses for delivering the products to the installation site and the expenses
paid by the buyer for such repair, change and supplement. For the supplementing
or changing time of equipment or parts for the seller’s reason, it is shall be
under the principle of no affection on the construction progress of the wind
farm. If it is can not be completed on time for some special reasons, the seller
shall submit a written report to the buyer; the time can be properly prolonged
upon the buyer’s written consent, but no later than 2 months after discovering
the defect, damage or shortage, or it will be solved under Article
10.11.

    8.2.8 The
time of the buyer claims for compensation on the tested product will be not
later than 6 months after the products being treated with open-case
inspection.

    8.2.9
Check in Article 8.2.2 to Article 8.2.8 is only for the test of arrival
products. Though no problem is found or the seller has changed or repaired under
compensation claim, it can not be taken as the seller’s unchaining of quality
assurance responsibility under Chapter 10 and Appendix 1.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Chapter
IX Installation, Debugging, Trial Run and Acceptance

     

    9.1 The
contractual equipment shall be installed by the buyer according to the technical
documents, test criteria, drawing and instructions provided by the seller. The
seller shall be responsible for the debugging with trial run with participation
of the buyer. The entire installation process must be conducted with the
instruction of the technical servant of the seller on site. Important procedures
must be confirmed with the signature of the on-site technical servant of the
seller. The important procedures are provided by the seller (see Appendix
7).

    During
the installation process, if problems happen when the buyer does not perform
according to the specification of the technical materials of the seller with the
instruction of the on-site technical servant and without the confirmation with
the signature of the seller’s on-site technical servant, the buyer shall be
responsible for the problems (expect equipment problems) itself; otherwise, the
seller shall be liable.

    9.2
Before the installation, the seller’s technician shall explain the installation
method and requirement. During the installation process, the seller’s technician
shall provide technical guidance and supervision service for the installation,
as well as participate in the inspection and test of the installation quality of
the contractual equipment with a view to meeting the guarantee index and safe
& stable running.

    After the
installation of each set of contractual equipment, both parties’ representatives
shall get further check and confirmation of the installation, and jointly sign
an installation completion acceptance certificate in duplicate with one copy for
each party. However, the certificate can not release the seller from the
responsibility during the performance acceptance test and guarantee period, as
well as liability for the inconsistence of the technical performance &
guarantee and the contractual stipulations.

    The
acceptance of the contractual equipment after its installation shall be carried
out in accordance with Appendix 1 and 5.

    9.3 After
both parties sign the installation completion acceptance certificate, the seller
should carry out debugging in accordance with the technical specification. 30
days before the debugging, the seller shall submit the detailed procedure of
debugging and both parties shall get negotiation by consensus. During the
installation and debugging, if the contractual equipment fail to meet the
provisions in Appendix 1, both parties shall jointly investigate and handle with
the issues and timely take measures to remove the defects and/or make the
successful proceeding of the installation and debugging. The debugging time
shall meet the demand of the site installation; otherwise it will be treated as
delaying construction period according to Article 10.11.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    9.4 After
the qualification of the debugging and performance test, the wind turbine shall
get 240-hour, safe, continuous (except the factors beyond the wind turbine),
stable trail run under load in accordance with the running mode as stipulated in
Appendix 1. If the contractual equipment fails to pass the trial run, the seller
shall, at his own expense, repair, change the defective equipment and repeat the
trail run test. All the relevant expenses concerning the trial run shall be
borne by the seller.

    After the
qualified trial run of the unit set, both parties shall sign the pre-acceptance
certificate; and the contractual equipment shall enter into the 2-year quality
guarantee period.

    9.5
Performance acceptance test shall be conducted after all the equipment of each
set run stably and reach the rated output for 240 hours’ consecutive and stable
running. If the performance acceptance test fails to carry out on schedule
attributed to the seller, the test time shall be prolonged
according.

    The
purpose of the performance acceptance test is to verify whether the contractual
equipment can meet all the technical index and guarantee index of the function
and performance. The buyer is responsible for this acceptance test and the
seller participates. Concerning that the assessment of the power curve guarantee
and availability shall be carried out during the quality guarantee period, these
two performance assessment shall not include in the performance acceptance
test.

    After the
performance acceptance test and the contractual equipment meet all the
performance guarantee value indexes as stated in Appendix 1, the buyer shall
sign a preliminary acceptance certificate together with the seller within 10
days in duplicate with one copy for each party.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    If the
contractual equipment fail to meet one or several guarantee value indexes as
stipulated in Appendix 1 and 5 of the contract, it shall be treated according to
Article 9.6 and 10.6

    9.6
Subject to the condition of not affecting safe and reliable run of the contract
equipments, if there is certain small flaw, and that the seller repairs the
above mentioned flaws within the agreed time by both parties, the seller may
agree to sign the performance pre-acceptance certificate.

    9.7 If
the first performance acceptance test can not reach one or several performance
guarantee values specified in Appendix 1 and 5, both parties shall analyze the
reasons together and clarify liabilities which shall be born by the responsible
party for taking measures, and conduct the second acceptance test within 2
months after the completion of the first acceptance test.

    If it is
attributed to the seller, he shall, at his own expense, take measures to make
the second performance acceptance test meet the technical performance and/or
guarantee index. The seller shall bear all the direct expenses, including but
not limited to the following expenses:

    Expenses
for the seller’s technician participating in the second performance acceptance
test;

    Expenses
for the buyer’s personnel participating in repair;

    Expenses
for the tools and equipment used in the second performance acceptance
test;

    Expenses
for the materials and consumables, excluding the fuel, used in the second
performance acceptance test;

    All the
expenses for transportation and insurance in removing from or arriving at the
wind farm of the equipment and materials to be changed and/or
repaired.

    9.8 After
the second performance acceptance test, if there are still one or several
indexes that can not reach the performance guarantee values specified by the
Appendix 1 and 5 of this contract, both parties shall study and analyze reasons
together and clarify liabilities:

    If it is
attributed to the seller, Chapter 10 of the contract shall be
executed.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    If it is
attributed to the buyer, this contractual equipment should be considered as
passing the preliminary acceptance, and within 10 days thereafter, the
representative of the buyer will sign the preliminary acceptance certificate of
this contractual equipment together with the representative of the seller in
duplicate with one copy for each party. But the seller is still obligatory to
take measures with the buyer to make the performance of the contract equipment
to reach the guarantee value.

    9.9 240
hours after the stable running of the contractual equipment, if the delaying
period of the performance acceptance test caused by the buyer exceeds 6 months,
within 15 days thereafter, the buyer shall sign the preliminary acceptance
certificate of the contractual equipment together with the seller.

    9.10
Whether the performance acceptance test of the contract equipment is made once
or twice, the buyer will issue the final acceptance certificate within 15 days
after finishing claim from the date when the preliminary acceptance certificate
is issued to one year according to the provision of Article 10.4.

    9.11
Preliminary acceptance certificate issued according to Article 9.4 and 9.7 only
prove that the equipment performance and parameters are accepted up to the time
when the performance acceptance certificate is issued according to the contract
requirement, but can not be considered as evidence for relieving relevant
liabilities of the seller for possible existing deflect that may cause damage of
the contract equipments. Likewise, the final acceptance certificate shall also
not be considered as evidence for relieving relevant liabilities of the seller
for possible existing deflect that may cause damage of the contract
equipments.

    Potential
deflect reforest to the potential danger of the equipment that can not be found
under normal situation during manufacturing and short-term running process. The
period of liability of the seller for correcting potential deflects shall last
for three years after the guarantee period expires. When such potential deflect
is found (through confirmation of both parties), the seller shall repair or
replace according to the specification of Article 5.11 and 10.3 hereof, as well
as bear the relevant expenses.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    9.12
Anytime during the process of executing the contract, for the request of the
seller on checking testing, retesting, repairing or replacing work out of the
need of the seller’s responsibilities, the buyer shall make arrangement to
cooperate with the above mentioned work. The seller shall bear fees for
repairing, replacement or labors. If the seller entrusts constructor of the
buyer to process and/or repair and replace equipment, or there is re-work caused
by the error of the design drawings of the seller, instruction errors of the
seller, the seller shall pay fees to the buyer according to the following
formula: (all the fees are calculated according to the rate at the time when the
fees happen).

    
      	
               
      

            	
                    P=ah+M+cm

            

    

    
      	
               
      

            	
                    Among
      which:

            

    

    P – total
fees (Yuan)

    
      	
               
      

            	
                    a
      – labor fee (Yuan/hour ·
      person)

            

    

    
      	
               
      

            	
                    h
      – person time (hour · person)

            

    

    
      	
               
      

            	
                    M
      – material fee (Yuan)

            

    

    
      	
               
      

            	
                    C
      – set & shift number (set ·
shift)

            

    

    
      	
               
      

            	
                    M
      – set & shift fee for each equipment (Yuan/set ·
  shift)

            

    

    9.13
Whether the responsibility for the loss or damage of each set of the contractual
equipment is attributed to the buyer or the seller, the seller shall firstly
deliver the equipment for changing or supplementing the lost or damaged
equipment as soon as possible, and make determination on which party shall bear
the expenses for the above equipment later.

    9.14
During the service life of the equipment, if the seller intends to stop
manufacturing or can not manufacture some spare parts, he shall timely recommend
the upgraded or substitute products for the spare parts to the buyer. If there
is no such upgraded or substitute products, the seller is liable for notifying
the buyer in advance, so that the buyer shall get sufficient time to make the
last order of the spare parte needed at the seller’s. Besides, the seller is
liable for proving the drawing, sample, tool, mould and technical specification,
etc. for the manufacture of these spare parts, to make the buyer manufacture the
spare parts needed for the contractual equipment by itself. However, the buyer’s
manufacture of these spare parts shall not form any infringement of the patent
and industrial design. The buyer shall return the foresaid articles after its
completion of use in the proper time and reasonable form and
condition.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    9.15
Within 15 years from the effective date of the contract, the seller is liable
for providing all the new or improved running experiences and improved
information about technology & safety related to the project. The seller’s
provision of such documentary information shall not form any transfer of any
patent, technology and production license; and the buyer’s use of such
information shall not form any infringement. However, the buyer shall never
provide such information to any third party having no concern with the
project.

    9.16
Assessment of the guarantee power curve

    During
the quality guarantee period, the tenderee can, at his own option, determine the
power curve inspection period and organize the single-unit power curve
performance assessment according to the wind status and production running at
site.

    The buyer
shall organize the assessment acceptance of the power characteristic curve and
the seller participates. The assessment acceptance shall be verified by the
third party (refers to the test and/or authentication institute accepted by the
General Administration of Quality Supervision, Inspection and Quarantine of the
People’s Republic of China). For the verification method, refer to the guarantee
and assessment of the wind turbine power curve in “4.2 Quality Guarantee” of
Volume III Technical Specification.

    If no
third party accepted by both parties can be determined within 30 days from the
buyer’s consultation suggestion, the buyer himself shall be entitled to employ
an internationally accepted test and/or authentication institute or such an
institute accepted by the General Administration of Quality Supervision,
Inspection and Quarantine of the People’s Republic of China, and the assessment
results shall be the final. Expense for the first assessment shall be borne by
the buyer.

    If the
power curve performance assessment fails to meet the index, which is attributed
to the seller, he shall, at his own expense, make the contractual equipment
reach the assessment index with 3 months, and the expense for the second
assessment shall be borne by the seller. Even if the second assessment meets the
standard, the seller shall be liable for compensating the power sale loss (power
generation loss×on-grid price)
corresponding to the power generation loss resulted for the unqualified
guarantee power curve during the period from the commissioning of the fan to the
qualification of the second assessment. For the calculation method of the power
generation loss, refer to the guarantee and assessment of the wind turbine power
curve in “4.2 Quality Guarantee” of Volume III Technical Specification. If the
second assessment acceptance is still unqualified, it shall be regarded as the
seller’s breach of contract and treated according to Article
10.7.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    9.17
Assessment of the guarantee availability

    The
assessment period of the availability of the unit set and the single unit shall
last for 24 months from the signature of the certificate for successful trial
run. The availability shall be assessed annually (the assessment year can be
different from the calendar year). Refer to the assessment of the equipment’s
availability during the quality guarantee period in “4.2 Quality Guarantee” of
Volume III Technical Specification for the verification method. The assessment
expense shall be borne by the buyer. If the final acceptance fails to meet the
index, which is attributed to the seller, the quality guarantee period shall be
prolonged accordingly. The seller shall, at his own expense, make the
contractual equipment reach the assessment index with 3 months, and the expense
for the second assessment shall be borne by the seller. Even if the second
assessment meets the standard, the seller shall be liable for compensating the
power sale loss (power generation loss×on-grid price)
corresponding to the power generation loss resulted for the unqualified
availability in such assessment year. For the calculation method of the power
generation loss, refer to the assessment of the equipment’s availability during
the quality guarantee period in “4.2 Quality Guarantee” of Volume III Technical
Specification. If the second assessment acceptance is still unqualified, it
shall be regarded as the tenderer’s breach of contract and treated according to
Article 10.7.

     

    Chapter
X Guarantee and Claim

     

    10.1
Guarantee period of each set of contract equipment refers to two years (the
Final Acceptance Certificate is signed) since the Pre-Acceptance Certificate of
the contract equipment is signed and issued. The specific contents of the
guarantee period shall be carried out according to the relevant articles in
Chapter 9 and Chapter10.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    10.2 The
Seller shall guarantee that the supplied contract equipment is completely new
with advanced and mature technology and fine quality, and the model selection of
the equipment conforms to the requirements of safety, reliability, economic
operation and easy maintenance.

    The
Seller shall guarantee that the technical data delivered according to the
Appendix 3 is complete, uniform, correct and accurate in contents and can meet
the design, installation, debugging, operation and maintenance requirements of
the contract equipment.

    The
guarantee period undertaken by Seller for each set of contract equipment shall
become due when the Buyer issues the Final Acceptance Certificate of the
contract equipment.

    10.3
During the Contract execution period, if the equipment supplied by the Seller is
defective and the technical data is erroneous, or rework or rejection is caused
due to the wrong direction and negligence of the technical personnel of the
Seller, the Seller shall immediately replace and repair for free. If replacement
is necessary, the Seller shall bear all site installation costs, and the
replacement or repair term shall be within 1 month from the date when it is
confirmed that the responsibility shall be undertaken by the Seller, otherwise,
the Seller shall carry out in accordance with the Article 10.11.

    The
equipment damaged because the Buyer is not constructed and installed according
to the technical data, the drawing and the instruction manual provided by the
Seller and the guidance of the onsite technical service personnel of the Seller
shall be repaired and replaced by the Buyer, but the Seller shall liable for
supplying the parts for replacement as soon as possible, and shall transport the
emergency parts required by the Buyer in a fastest way. All costs shall be borne
by the Buyer.

    10.4
After the guarantee period of each set of equipment specified in the Contract is
expired, the Seller shall issue the Final Acceptance Certificate for guarantee
expiration of the contract equipment to the Seller. The premise is that the
Seller shall accomplish claim and compensation lodged by the Buyer before
guarantee expiration. However, the Seller shall not be liable for the loss due
to improper maintenance, false operation and normal abrasion.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    10.5
During the guarantee period, if the Buyer finds that the equipment is defective
and does not meet the specifications of the Contract, and the Seller shall be
liable for it, the Buyer will have right to lodge a claim with the Seller. If
the Seller dissents, the two parties shall carry out according to the Article
8.2.4 and Article 8.2.5. Otherwise, the Seller shall immediately repair for
free, replace, compensate or commit the Buyer to arrange overhaul after
receiving the claim documents of the Buyer. The replacement cost in the
installation site, the transportation expenses and the insurance expense shall
be borne by the Seller.

    10.6 If
the defective equipment is required to be replaced or repaired due to the
Seller’s responsibilities to cause the contract equipment to be stopped in
transit or its installation to delayed, the guarantee period of the contract
equipment shall be delayed correspondingly according to the actual delay time
for repair or replacement.

    10.7
After the performance acceptance test specified in the Chapter 9, if one or more
guarantee indexes specified in the Appendix 1 are not reached after the second
acceptance test (due to the Seller’s reasons) and the power curve check or the
availability check does not reach the standards or there are quality problems
due to the Seller’s responsibilities, the Seller shall bear the penalty, and the
Buyer shall have right to select one or more of the following remedial
measures:

    1) The
quality guarantee period shall be prolonged, the Seller shall repair at Seller’s
expense and pay the energy output loss of the Buyer before reaching the
performance guarantee value in a penalty way, calculate the penalty time till
the Buyer signs the Final Acceptance Certificate after reaching the performance
guarantee value;

    After
submitting the penalty, the Seller shall be still liable for taking various
measures at the Seller’s expenses within the defined time of the Buyer to ensure
that the equipment reaches all performance indexes specified in the technical
part of the Contract, namely the date when the Buyer acknowledges that the
contract equipment can be accepted and issues the Final Acceptance Certificate.
If the Seller does not repair the defective contract equipment within the
defined term of the Buyer, the Buyer will have the right to ask other qualified
suppliers independently to eliminate the defects or unconformities to the
Contract, and all costs and risks thereof shall be borne by the
Seller.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    2) The
energy output loss of the Buyer within 20 years shall be calculated according to
discount rate 8%. After the Seller pays the above penalty, the responsibilities
of the Seller within the range of liability for compensation shall be released,
and the Buyer shall sign the Final Acceptance Certificate.

    The
performance penalty amount not reaching a penalty calculation unit shall be
calculated according to the actual deviation.

    If more
items or more points of the above performance guarantee indexes do not reach the
guarantee value simultaneously, the penalty limit is the sum of all
penalties.

    The
performance guarantee required in the Contract appendix and excluding in the
above articles shall be within the check range.

    After
submitting the penalties, the Seller shall still have reasonability to provide
the technical assistance, and shall take various measures (including equipment
replacement) to ensure that the equipment reaches all economic indexes and the
technical requirements of the Contract (see Appendix), and all costs shall be
borne by the Seller.

    After the
Seller pays all penalties, and the date when the replacements supplied by the
Seller are accepted by the Buyer, namely the date when the Buyer acknowledges
that the contract equipment can be accepted preliminarily and issues the
Preliminary Acceptance Certificate.

    10.8 If
the contract equipment has very serious defects due to the Seller’s
responsibilities during the guarantee period (if the equipment performances do
not reach the requirements, etc.), the guarantee period will be 1 year after the
defects are removed.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    10.9 If
the Seller does not deliver in the delivery term specified in the Appendix 4 of
the Contract not because of the Buyer’s reasons or because the Buyer requires
delaying delivery (except the force majeure), the actual delivery term shall be
accounted according to the Article 5.1 and Article 5.4, and the Buyer shall have
the right to charge the penalties in the following proportions:

    Delay for
1-4 weeks: the penalty amount of each week is 1 % of the amount for the lately
delivered equipment;

    Delay for
5-8 weeks: the penalty amount of each week is 2 % of the amount for the lately
delivered equipment;

    Delay for
9 weeks: the penalty amount of each week is 4 % of the amount for the lately
delivered equipment;

    Delay for
less than 1 week: the penalty amount is calculated according to one
week.

    The total
sum of the penalties for the lately delivered equipment shall not be over 10 %
of the total price of the contract equipment.

    The
Seller shall pay the penalties for late delivery, and the Seller’s obligation of
continuous delivery shall not be released according to the
Contract.

    When the
equipment with significant influences are delivered lately for over 3 months,
the total sum of the penalties the Seller pays to the Buyer shall be over
10  % of the total price of the contract equipment. At the same time,
the Buyer shall have the right to terminate partial or all articles of the
Contract. In the event of any conflict between other articles and this article
of the Contract, this article shall prevail.

    10.10 If
the data is not delivered on time in accordance with the Article 1.3 and Article
1.4 in the Appendix 3 of the Contract due to the Seller’s responsibilities to
seriously influence the construction progress, the Seller shall pay the penalty
of 10,000 Yuan for each item each day, and shall be penalized at the double due
to the serious subsequences caused to the project. The late delivery time shall
be subject to the specification of the Article 5.14.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    The
Seller shall submit the matching data of the project design to the project
design unit within five days after receiving the Letter of
Acceptance.

    10.11 If
the Seller causes delay during the contract execution process due to delay,
negligence and / or error of the technical service of the Seller, the Seller
shall pay 0.5 % penalties of the total price for the contract equipment for
construction period delay every week, and the compensation of the contract
equipment shall not be over 5 % of the total price of the contract equipment at
the utmost. The Seller shall pay the direct loss to the seller due to the
Seller’s technical service error or breach of the Contract.

    10.12 The
total sum of the penalties for the contract equipment borne by the Seller in
accordance with the Articles 10.7, 10.9, 10.10 and 10.11, whether for single
item or for more items, shall not be over 10% of the total price of the
Contract.

    10.13 The
Seller’s corresponding obligations specified in the Contract shall not be
released due to the payment of late delivery penalties.

    10.14 If
the Buyer delays in payment due to the Buyer’s reasons, the Buyer shall pay the
corresponding interests. The corresponding interests for Buyer’s delay in
payment shall be calculated according to the national deposit interest rate, and
the total interests shall not be more than 5% of the deferred payment amount.
The Seller shall not influence the delivery progress due to the late payment of
the Buyer.

    10.15 The
Seller shall guarantee that the time for the power transmission of the first
unit to the synchronization of the final unit is not more than 20 days (the
Buyer shall guarantee that the time for the power transmission of the first unit
to the final unit is not more than 10 days, and if any, it shall be postponed
according to the exceeding part); the Buyer shall deduct one ten-thousandth of
the total price of the Contract from the Seller for delay every day due to the
Seller’s reasons.

    10.16 The
time for synchronization of the final unit to pre-acceptance accomplishment of
all units shall not be more than 30 days; the Buyer shall deduct power sales
revenue loss from the total price of the Contract for delay every day due to the
Seller’s reasons.

    10.17
Performance bond

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    10.15.1
Within one month after the Contract becomes effective, the Seller shall submit
the performance bond to the Buyer before the Buyer pays the
prepayment.

    10.15.2
The performance bond is 10% of the total price of the Contract, which is
irrevocable and takes the Buyer as the beneficiary.

    10.15.3
If the Seller does not fulfill the Contract and causes loss to the Buyer, the
performance bond shall be paid to the Buyer as the compensation to the
loss.

     

    Chapter
XI Issuance

     

    11.1 The
Seller shall cover all transportation insurances of 110% of the contract
equipment price in the insurance company for each set of contract equipment by
taking the Seller as the beneficiary according to the transportation ways of
water transportation, land transportation and air transportation, and the
insurance range is from the Seller’s warehouse to the delivery site (including
unloading).

    11.2 If
the Seller does not cover the transportation insurances for each set of contract
equipment, the Buyer shall have the right to deduct 20% of the freight and
miscellaneous charges from that of the contract equipment (and deduct the
insurance expenses of the equipment in the Contract) according to the Contract.
Moreover, the joint and several liabilities thereof shall be undertaken by the
Seller.

    11.3 The
Seller shall provide the Buyer the copy of the insurance contract before 20 days
each set of contract equipment is delivered; if the Seller does not provide in
time, the Buyer shall consider that the Seller does not cover the insurances for
the contract equipment, and shall carry out in accordance with the Article
11.2.

    11.4 If
the each batch of contract equipment and / or documents delivered are lost or
damaged, the Seller shall contact the issuance company for claim. If such loss
or damage does not belong to the compensation range of the issuance company, the
Seller shall be liable for completing and replacing the equipment or
compensating the Buyer.

    11.5 Life
accident insurance

         The
Seller shall cover the life insurance and other relevant insurances for the
onsite service personnel for exempting from the any compensation liabilities of
the Buyer and the relevant personnel thereof because the onsite service
personnel of the Seller make rule-breaking operations or guidance to injure
themselves and / or the Buyer and the onsite working personnel thereof, even the
compensation liability for death.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Chapter
XII Tax and fee

     

    12.1
Seller will pay all the taxes and fees rated to this contract in accordance with
applicable national tax laws, codes and regulations.12.2 The prices contained in
this contract are tax included. Taxes and fees for equipment, technical
documents, service (including transportation) and imported equipment/parts are
all included in the contract prices and will be paid by the seller.

     

    Chapter
XIII Subcontracting and Outsourcing

     

    13.1 The
Seller shall not subcontract the equipment / parts within the scope of the
Contract without the approval of the Buyer (including outsourcing of the main
parts). The contents and proportions to be subcontracted by the Seller shall be
approved by the Buyer, or the Seller shall not subcontract.

    13.2 The
Seller shall submit the pre-selection list and qualification data of the
subcontractors of partial equipment / parts and the suppliers of the outsourced
equipment within one month the Contact becomes effective after the contents and
proportions of the equipment / parts to be subcontracted and outsourced within
the scope of the Contract by the Seller shall be submitted to the Buyer for
approval. The Buyer shall review the documents of the subcontractors and the
suppliers of the outsourced equipment submitted by the Seller within one month,
and shall reply in written form after approval. The Seller shall select the
subcontractors and the suppliers of the outsourced equipment from the lists
approved by the Buyer, and shall inform the Buyer of them in written
form.

    13.3
Seller has the independent and self-determined purchase right of the materials
and equipment and can choose any kind of purchase mode as deemed proper by him.
However, in terms of the issues concerning the subcontracted and outsourcing
equipment/parts, the seller shall sufficiently adopt the opinions and
suggestions proposed by the buyer, which are drawn from the actual running
experience and site investigation and research, so as to provide the buyer with
the products conforming to both parties’ technical requirements, as well as with
reasonable price.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    13.4
Technical service for the equipment/parts under subcontracting and outsourcing
will be handled according to Article 7.10, 7.11 and 7.12.

    13.5
Seller shall assume all the liabilities under the contract for all the
subcontracted equipment and parts.

    13.6
Refer to Appendix 8 for the subcontracting and outsourcing
contents.

     

    Chapter
XIV Change, Modification, Suspension and Termination of the
Contract

     

    14.1 Once
contract becomes effective, neither party is allowed to make unilateral and
arbitrary modification to the contract (including appendixes). However, either
party can propose suggestions to the change, modification, cancellation or
supplement of the contractual content in written form. Such suggestion shall be
notified to the other party in written form and signed for confirmation by the
two parties.

    If the
modification changes the contractual price and delivery progress, either party
shall submit the detailed explanation affecting the contractual price and/or
delivery time within 14 days after receiving the above modification notice.
Having been approved by the two parties and signed by the legal representatives
or entrusted agents (who should be entrusted by the authorized representative in
written form) of both parties, as well as being examined by the original
contract examining institute, the modified contract can come into effect. The
relevant parts after modification shall be copied to the relevant institutes
related to the original contract.

    14.2 In
case the seller has violation or refuses to perform the contract, the buyer will
notify such party in writing. The seller shall make corrections to such
violations or refusal within 14 days after receiving the notice and confirming
with no error. If the corrections cannot be carried out within 14 days,
correction plan shall be proposed.

    If the
corrections fail or correction plan cannot be proposed, the buyer shall reserve
the rights to suspense the partial or full contract. For such suspension, the
buyer will not issue further change order. All the costs, loss and claims
incurred shall be borne by the seller. If there are other articles available
with regards to such violation, such articles will apply.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    14.3 If
the buyer executes his suspension right, he shall be entitled to suspense the
payment of the suspended parts which is payable to the seller, and claim back
the advance payment to the seller of the suspended parts.

    14.4 If
the equipment cannot be delivered due to fault on seller side, seller shall pay
penalty to the buyer with the amount of 5% of the payment for the equipment
which is can not be delivered, as well as compensate for the direct economic
loss to the buyer.

    14.5 If
seller is under bankruptcy, ownership change (being merged, consolidated,
acquisitioned, dissolved or cancelled) or insolvency or carries out operation
under bankruptcy just for the interest of creditor, buyer has rights to
immediately notify in writing the seller or trustee-in-bankruptcy or the new
owner of the contract to terminate the contract or propose different choices to
trustee-in-bankruptcy, liquidator or the new owner of the contract. Depending on
their reasonable guarantee the performance of such contract, the contract which
was agreed to by buyer will be performed.

    14.6 In
case of occurrence related to Article 14.5, the buyer has rights to take over
the work related to the contractual equipment from the seller, and take away all
the contract equipment related design, drawing, instructions and materials in
the premises of seller at appropriate time. The ownership of such items belongs
to buyer. Seller will provide buyer with all the convenience for such handling
so that buyer can remove above design, drawings and materials. Buyer will assume
no liabilities for any direct or indirect claims against seller from termination
of such contract. In addition, both parties will reach agreement on the
evaluation of the performed part of the contract. Also they will handle all the
consequences because of advance contract termination.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Chapter
XV Force Majeure

     

    15.1
Force majeure refers to severe natural disaster or calamity (such as typhoon,
flood, earthquake, fire or explosion etc.), war (no matter declared or not),
rebellion, commotion, etc. Any party of the contract , because of force majeure
, and execution of the contract was influenced , will delay the time limited of
pursuing the obligation of contract with the time limit equal to the duration of
force majeure , but can not adjust the price of the contract due to delay caused
by force majeure.

    15.2 The
party influenced by force majeure should notify by fax about the detail of force
majeure to the other party after the occurrence of force majeure, and deliver
the proving documents issued by the authority to the other party within 3 days.
The party influenced should try his best to reduce the influence and the delay
caused, once the influence of force majeure is finished, he should notify the
other party.

    15.3 If
both party estimate that the influence of force majeure might be prolonged to
over 120 days, each party should solve the execution problem of this contract
through friendly negotiation (including delivery, installation, debugging and
acceptance, etc.).

     

    Chapter
XVI Settlement of Contract Disputes

     

    16.1 Any
and all disputes arising from or in connection with this contract shall be
settled by both parties through friendly negotiation; if no agreement can be
reached, such disputes shall be referred to high managements of both parties for
mediation; if it fails, both parties agree that either party may submit such
disputes to the Arbitration Committee as provided for herein for
arbitration.

    16.2 The
Arbitration Committee shall be Wuhan Arbitration Committee.

    16.3 The
place of arbitration shall be Wuhan.

    16.4 The
arbitration award shall be final and binding upon both parties, and both parties
shall strictly follow the arbitration award.

    16.5 Any
and all expenses arising from or out of the above processes shall be borne by
the losing party, except otherwise specified in the said arbitration
award.

    16.6
During arbitration, except the issues submitted to arbitration, this contract
shall continue to be fulfilled.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Chapter
XVII Entry
into Effect of the Contract

     

    17.1 When
the following condition having been met, the contract shall enter into
effect:

    This
contract is formally signed by the legal representatives or entrusted agents
(who should be entrusted by the authorized representative in written form) of
each party, and sealed with the special seal for contract.

    17.2
Effective term of the contract

    The
effective term will start from the effective date of the contract till the
issuance of “Final Acceptance Certificate”, completion of the compensation,
goods delivery and goods payment.

     

    Chapter
XVIII Miscellaneous

     

    18.1 This
contract shall be subject to the Law of the People’s Republic of
China.

    18.2 All
appendixes hereto, bidding documents, tendering documents, clarification
documents and such written documents as minutes, letters and faxes confirmed by
both parties shall constitute an integral part of this contract, and shall have
equal legal force. Where these appendixes and the terms hereof conflict or have
vague concepts, the latter shall govern; where the documents prepared in
different time conflict or have vague concepts, latest ones shall
apply.

    18.3
Contractual obligations taken by both parties hereto shall not go beyond the
provisions hereof, and either party shall have no authority to make any
statements, representations, commitments of any kind or take any action which
shall be binding upon the other party.

    18.4 This
contract lays out the terms of responsibilities, obligations, compensation and
remedial of both parties. Either party shall not be obliged to bear
responsibilities, obligations, compensation and remedial not specified
herein.

    18.5
Without prior permission of the other party, either party shall not transfer or
assign to any third party part or whole of rights or obligations under this
contract.

    18.6
Except for the purpose of contract performance, the documents and files provided
by both parties to each other under this contract shall not be provided to any
third party which is not involved in “contract equipment” and related
projects.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    18.7 The
Seller shall guarantee that the use by the Buyer of contract equipment, services
and files for the purpose as provided for herein or any part hereof is free from
any infringement claim raised by a third party as to patent, trademark or
industrial design right.

    If any
infringement claim from a third party arises, the Buyer shall give prompt notice
to the Seller within 7 days, and the Seller shall be responsible for negotiating
with the third party and shall indemnify and protect the Buyer from any damages
caused by the third party’s claim in terms of legal and economic
liabilities.

    Both
parties hereto shall appoint two authorized representatives, who shall be
responsible for directly handling technical and business problems as to
“contract equipment”. The names and addresses of these two authorized
representatives shall be notified to the other party at the same time when this
contract comes into effect.

    18.8
Where any and all correspondences, notices or requirements put forward by either
party to the other party are formally written and transmitted by hand or
delivered by registered letter, express, telegram, fax or e-mail to the address
of the other party as specified hereinafter, they shall be deemed to have been
formally received by the other party.

    18.9 This
contract is written in Chinese, and all documents like notices, technical
documentations, specifications, minutes and letters arising during contract
performance shall be written in Chinese. All documents of imported equipment
like technical documentations and specifications shall have Chinese
version.

    18.10
This contract is executed in eight originals and ten copies; the Buyer keeps
five originals and ten copies, and the Seller holds three
originals.

    18.11 The
addresses of both parties hereto are as follows:

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Signature
Page

    
      	 
      	
              Buyer

            	
              Seller

            
	
              Name

            	
              Xilingol
      League Tianhe Wind Energy Development Co., Ltd.

            	
              Wuhan
      Guoce Nordic New Energy Co., Ltd.

            
	
              Address

            	 
      	
              No.
      86, Nanhu Avenue, East Lake Development Zone, Wuhan
City

            
	
              Postcode

            	 
      	
              430205

            
	
              Contact

            	
              Liu
      Hongzhong

            	
              Zhang
      Weijun

            
	
              Tel

            	
              0471-4505546

            	
              027-87985099

            
	
              Fax

            	
              0471-4505546

            	
              027-87985699

            
	
              E-mail

            	
              liuhz7776@163.com

            	
              market@gc-nordic.com

            
	
              Bank
      of deposit

            	 
      	
              China
      Merchants Bank, Wuhan Guanggu Sub-branch

            
	
              Account
      No.

            	 
      	
              127902268510202

            
	
              Taxpayer's
      Registration No.

            	 
      	
              420101792400140

            

    

    

    
      	
              Signatures:

            
	
              Buyer:
      Xilingol League Tianhe Wind Energy Development Co., Ltd.
      (sealed)

            	
              Seller:
      Wuhan Guoce Nordic New Energy Co., Ltd. (sealed)

            
	
              Signatory:
      Huang Xiawei (signature)

            	
              Signatory:
      Qi Na (signature)

            
	
              Signing
      date: June 18, 2010

            	
              Signing
      date: June 18, 2010

            
	
              Authentication
      party: Inner Mongolia New Energy Development Co., Ltd. of GD
      Power

              Special
      seal for contract of Inner Mongolia New Energy Development Co., Ltd. of GD
      Power 1501050046384 (sealed)

            
	
              Signatory:
      Huang XiaweiEXHIBIT
10.1

    

    LICENSING
AGREEMENT

    

    THIS
AGREEMENT (“Agreement”) is dated April 15, 2010 among Demand Pooling Global Services
LLC, a limited liability company, established pursuant to the laws of the
State of Delaware, having an address of 12720 Hillcrest Road, Suite 1045,
Dallas, TX  75230 ( “Licensor” or “DPGS”), and Accelerated Acquisitions V,
Inc., a company incorporated pursuant to the laws of the State of
Delaware, with an address of 122 Ocean Park Blvd. Suite 307, Santa Monica, CA
90405 (“Licensee”).

    

    WHEREAS:

     

    A.  
Except as provided herein, Licensor holds all rights, title and interest to a
certain invention  entitled “DPGS Technology” as further described in
Schedule "A" attached hereto (“Technology”);

    

    B.  
Licensor wishes to enter into a formal licensing agreement with Licensee on the
terms set forth below;

    

    THIS AGREEMENT WITNESSES THAT
in consideration of US$10.00 (the receipt and sufficiency of which is hereby
acknowledged), the parties agree as follows:

     

    ARTICLE
1

    

    INTERPRETATION

    

    1 .1 Construction and
Interpretation. In this Agreement, unless inconsistent with or
excluded by the context:

    

    
      
        	
              	
                (a)

              	
                Any
      heading, index, table of contents or marginal note used in this Agreement
      is for convenience only and will not limit or affect the interpretation or
      construction of this
Agreement;

              

      

    

    

    
      
        	
              	
                (b) 

              	
                Singular
      words will include the plural and plural words will include the
      singular;

              

      

    

    

    
      
        	
              	
                (c) 

              	
                A
      reference to a person will include a company or other corporation and a
      reference to a company or other corporation will include a
      person;

              

      

    

    

    
      
        	
              	
                (d) 

              	
                A
      word importing a particular gender will include each other gender;
      and

              

      

    

    
       
     

    

    
      
        	
              	
                (e) 

              	
                A
      reference to a party to this Agreement includes that party's heirs,
      executors, administrators, successors and permitted
    assigns.

              

      

    

    

    1.2     Definitions.
In this Agreement, unless inconsistent with or excluded by the
context:

    

    
      
        	
              	
                (a) 

              	
                “Affiliate”
      means, with respect to any entity, any other entity which directly or
      indirectly controls or is controlled by or is under direct or indirect
      common control with such first mentioned
entity;

              

      

    

         

    
      (c)   
 “Improvements”
means all improvements to the Technology developed within or by
Licensee;

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     (d)     “Intellectual
Property” includes the Technology and any intellectual property relating to the
Technology, including any patent, patent application, copyright, industrial
design, trademark, any rights to patent, copyright, industrial design or
trademark in any country, engineering designs, concepts, models, trade secrets,
know-how and show how, and includes any new technology or the products as may
hereafter be developed or acquired by Licensee or any of its
subsidiaries;

    

    (e)     “License”
means an exclusive (North American) and non-exclusive International (outside
North America), non-transferable, license (with a limited right of sublicense)
to allow Licensee to install, use and apply the Technology and conduct its
business in the Territory;

    

    
      
        	
              	
                (f)

              	
                “Licensed
      Products” means products which, in the absence of the License, would
      infringe the Licensor’s intellectual property rights in the
      Technology;

              

      

    

    

    
      
        	
              	
                (g)

              	
                “Original
      Invention” means a certain invention entitled “DPGS Technology” as further
      described in Schedule "A" attached
hereto;

              

      

    

    

    
      
        	
              	
                (h)

              	
                “Technology”
      means certain technology known as “DPGS Technology” and includes the
      Original Invention, any improvements thereof and any Internet platform
      which embodies the DPGS Technology and any improvements thereof or
      thereto;

              

      

    

    

    
      
        	
              	
                (i)

              	
                “Territory”
      means North American (exclusive) and non-exclusive International (outside
      North America); and

              

      

    

    

    
      
        	
              	
                (j)

              	
                “Trade-Mark”
      means and trade-mark or trade-name as may be adopted for use on the
      Licensed Products from time to
time.

              

      

    

    

    1.3  Variation of Agreement. Any
variation or modification or waiver of the terms or conditions of this Agreement
must be in writing, duly executed by Licensor and Licensee,
respectively.

    

    1.4  Severance. Each word, phrase,
sentence, paragraph and section of this Agreement is severable and if a court in
any jurisdiction determines that any such provision is unenforceable, illegal or
void in that jurisdiction the court may sever that provision which becomes
inoperative and such severance will not affect the operation of any other
provisions of this Agreement nor the operation of that provision in any other
jurisdiction.

    

    1.5  Waiver. The failure of either
party hereto at any time to enforce any provision of this Agreement will not
affect its rights thereafter to require complete performance by the other party,
nor will the waiver of any breach of any provision be taken or held to be a
waiver of any subsequent breach of any such provision or be a waiver of the
provision itself. In order for any waiver to be effective, it must be in writing
and signed by an authorized officer of the party.

    

    1.6  Law. This Agreement will be
governed by, and construed in accordance with, the laws of the State of
Delaware, and both parties agree to submit to the exclusive jurisdiction of the
courts of the State of Delaware.

     

    ARTICLE
2

    

    LICENSE

    

    2.1     Grant
of License:

         (a)   
Licensor hereby grants to Licensee a license for use in the Territory, with a
limited right of sublicense, as set forth in Section 2.1(e) below, to allow the
Licensee to use the Intellectual Property to install, use, and apply the
Technology in the course of Licensee’s business, which, in the absence of the
License, would infringe Licensor’s intellectual property;

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

         (b)   Except
for the rights granted pursuant to the License, Licensor shall retain all
rights, title and interest to the Technology;

    

         (c)   Licensee
shall be responsible for all of the testing and improvements to the
Technology;

    

         (d)  
Licensor shall retain all rights to the Improvements, but such Improvements
shall also be a part of the License;

         

          (e)  Licensee
shall have the right to offer limited royalty-bearing sublicenses to third
parties where such third parties are in a position to commercialize the
Technology in ways that Licensee cannot accomplish in a competitive manner.
 Licensee shall pay Licensor twenty-five percent (25.0%) of all royalties
and fees received from such third parties. If Licensee receives any non-cash
consideration as part of the sublicense consideration (including equity in
sublicensee or other entities), Licensor shall have the option to take its
portion of the sublicense consideration in kind or in cash based on the fair
market value of the non-cash consideration as of the date of receipt by Licensee
wherein the fair market value as determined by Licensee’s independent accounting
advisors shall equal the cash consideration an unaffiliated, unrelated buyer
would pay in an arm’s length sale of a substantially identical item sold in the
same quantity, under the same terms, and at the same time and place. Such right
to sublicense is subject to the following conditions:

    

    
      
        	
              	
                (i) 

              	
                In
      each sublicense agreement, the sublicensee will be subject to the
      terms   and conditions of the license granted to Licensee
      under this Agreement, and the sublicensee will be prohibited from either
      assigning its sublicense or granting further sublicenses, without first
      obtaining approval from Licensor; provided, however, that in the event
      that such further sublicense is approved, any fee or other consideration
      paid to sublicensee in consideration of such sub-sublicense will be
      treated as sublicense consideration as if the sub-sublicensee were a
      sublicensee. Nevertheless, Licensee may set royalty or other payments at
      its discretion for its sublicensees, as long as the applicable royalties
      or other payments of its sublicensees are not more favorable to the
      sublicensee than the corresponding terms of this
  Agreement.

              

      

    

    
       

      
        	
              	
                (ii) 

              	
                Licensee
      will forward to Licensor, within thirty (30) days following its execution,
      a fully executed, complete, and accurate copy written in the English
      language of each sublicense agreement granted under this Agreement.
      Licensor’s receipt of such sublicense agreement will not constitute a
      waiver of any of Licensor’s rights or Licensee’s obligations under the
      Agreement.

              

      

    

    

    
      
        	
              	
                (iii) 

              	
                Notwithstanding
      any such sublicense agreement, Licensee will remain primarily liable to
      Licensor for all of Licensee’s duties and obligations contained in the
      Agreement, and any act or omission of a sublicensee that would be a breach
      of the Agreement if performed by Licensee will be deemed to be a breach by
      Licensee of the Agreement. Each sublicense agreement will contain a right
      of termination by Licensee in the event that the sublicensee breaches the
      payment obligations affecting Licensor or any other material terms and
      conditions of the sublicense agreement that would constitute a breach of
      the terms and conditions of the Agreement if such acts were performed by
      Licensee. In the event of such sublicensee breach, and if after a
      reasonable opportunity to cure as provided in any such sublicense
      agreement, such sublicensee fails to cure such sublicensee breach, then
      Licensee will terminate the sublicense agreement unless Licensor agrees in
      writing that such sublicense agreement need not be
    terminated.

              

      

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      
        	
              	
                (iv) 

              	
                Upon
      termination of the Agreement for any reason, all sublicense agreements
      will, at Licensor’s option, be (i) assigned to and assumed by Licensor, or
      (ii) terminated.

              

      

    

    
       

    

         (f)   Licensee
shall pay Licensor a royalty of ten percent (10.00%) of all gross revenues
resulting from the use of the Technology by Licensee, except as otherwise
modified in writing.

    

    
      2.2   Exclusive
Rights. The rights of Licensee to the License in accordance with Section
2.1 will be sole and exclusive North America and non-exclusive
Internationally (outside North America), and Licensor will not directly or
indirectly compete with Licensee, nor license, authorize or permit any third
party to compete with Licensee with respect to the use of the Technology within
the exclusive Territory.

    

    

    2.3  Assignment of
Rights. Licensor and Licensee acknowledge that the respective rights and
obligations pursuant to this Agreement are personal to the parties and that
Licensee, except in the event of the acquisition of Licensee, by any means, or
the sale or merger of substantially all of Licensee’s assets to or with a third
party, will not assign this Agreement or assign or delegate any or all rights,
duties, or obligations under this Agreement without the prior consent in writing
of Licensor, which consent Licensor may not withhold unreasonably.  If
Licensor consents to such assignment or delegation, Licensee will remain jointly
and severally liable with the assignee or delegate for the obligations of
Licensor under this Agreement.  Subject to the limitations hereinbefore
expressed, this Agreement will inure to the benefit of and be binding upon the
parties and their respective successors and assigns.

    

    2.4  Reorganization of
Rights. Licensor may choose to reorganize its worldwide licensing
strategy, including delegation of certain commercialization rights to a separate
entity within the exclusive Territory, with the prior written consent of
Licensee, which may not be unreasonably withheld, provided that the full
beneficial terms to Licensee embodied in the Agreement shall not be diminished
due to such actions.

    

    2.5  Effect of
Assignment. Unless otherwise agreed upon between the parties, no
assignment of this Agreement, the benefit of this Agreement or any rights,
licenses or authorities pursuant to this Agreement will relieve the assigning
party from any liability under this Agreement, whether absolute, contingent, due
or accruing, which exists as of the date of assignment.

    

    2.6  No Sublicense.
Except pursuant to Section 2.1(e), Licensee will not sublicense the benefit of
this Agreement or any rights, licenses or authorities pursuant to this Agreement
and any attempted violation of this section, whether voluntarily or by operation
of law, will be void and of no force and effect.

    

    2.7  Confidential
Information. Licensee acknowledges that its entire knowledge of the
Technology and the business of Licensor, including, without limitation, the
contents of any Documents (defined as all drawings, specifications, blueprints,
programs and other material in electronic form or otherwise relating in any
manner to the Intellectual Property or the Technology) and periodic updates or
revisions, in effect from time to time and the designs, plans, prototypes,
specifications, standards and operating procedures for the Technology, will be
derived from information disclosed to Licensee by Licensor in confidence and
that the Documents and such other information are confidential information
and/or trade secrets of the Licensor (all of which is herein collectively called
the "Licensor Confidential Information") except where such information is in the
public domain or is information describing generally accepted business,
engineering or manufacturing practices. Accordingly, Licensee agrees that it
will maintain the absolute confidentiality of the Intellectual Property, the
Documents and such other information, both during and after the term of this
Agreement, disclosing same to other employees of Licensee only to the extent
necessary for compliance with this Agreement.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    All
Licensor Confidential Information obtained by Licensee shall be considered
confidential and will not be disclosed by Licensee to any person without the
prior written consent of Licensor. Licensor will provide reasonable
confidentiality agreements in the form attached hereto as Schedule C to be
signed by Licensee and all employees or sub-contractors of Licensee to whom any
Licensor Confidential Information will be disclosed, and Licensee will provide
or obtain signatures of such confidentiality agreements as the case may
be.

    

    During
the course of its relationship with Licensor, Licensee or its subsidiaries or
associates or their employees, agents or consultants may disclose certain
proprietary or confidential information to Licensor or its subsidiaries or
associates or their employees, agents or consultants. The proprietary or
confidential information may be oral or written, may be of a technical or
commercial nature, may take the form of plans, drawings, processes, formulae,
schedules, reports, projections, analyses, programs, prints, recordings, lists
or other compilations of information, and may relate to Licensee, its vendors,
employees, stockholders or customers. All of such proprietary information and
confidential information is herein collectively called the “Licensee
Confidential Information”.

    

    Any
Licensee Confidential Information obtained by Licensor will be considered
confidential and will not be disclosed by Licensor to any person without the
prior written consent of Licensee. Licensee agrees that the Licensor
Confidential Information, and all rights to the Licensor Confidential
Information, which has been or will be disclosed to Licensee, as well any
improvement or technology using, relating to or incorporating the Licensor
Confidential Information shall remain the exclusive property of Licensor, and
shall be held in trust for the benefit of Licensor.  Licensee agrees that
it will not, directly or indirectly, deal with, use, or exploit the Licensor
Confidential Information without Licensor's prior written consent. With regard
to any improvement or new technology using, relating to or incorporating the
Licensor Confidential Information, Licensee agrees to assign to Licensor all
right, title and interest in such improvements or technology, any copyright,
trademark, industrial design, patent applications and copyrights, trademarks,
industrial designs, patents granted thereto, the sole right to file such
applications and Licensee agrees to assist Licensor in obtaining reissues,
divisions, renewals or extensions of any such applications and to do any act
required to aid Licensor in obtaining and enforcing proper intellectual property
protection.

                   

    The
foregoing restrictions do not apply to information which:

    

    (a)     at
the time of disclosure was in the public domain as evidenced by a printed
publication or otherwise;

    (b)     after
disclosure becomes part of the public domain by publication or otherwise, other
than by action of the disclosing party;

    (c)     was
in the possession of the disclosing party at the time of disclosure by the
disclosing party and was not acquired, directly or indirectly, from the
non-disclosing party; or

    (d)     the
disclosing party rightfully receives from an independent third party who did not
receive such information, directly or indirectly, from the other party with
limitation or restriction on its use.

     

    The
obligations contained in this Article will continue notwithstanding the
termination of this Agreement or any confidentiality agreements.

    

    The
products or proceeds of the services performed by Licensee under this Agreement
including, but not limited to, documents, written materials, programs,
documentation, designs, discs and tapes shall be and remain the property of
Licensor and Licensee shall be able to use such written materials, programs,
documentation, designs, discs and tapes for the purposes of carrying out its
obligations under this Agreement while the Agreement is in effect.

    

    Licensee
will, however, notify Licensor immediately of any alleged, possible, or
suspected infringement, passing off, or challenge to the use of any of the
Intellectual Property or claim by any person to any rights in any similar
trademarks or names of which Licensee is or becomes aware. Licensor agrees to
execute any and all instruments and documents, render such assistance and do
such acts and things as may be, in the opinion of Licensee, acting reasonably,
necessary or advisable to protect and maintain the interests of Licensor in any
such litigation or proceedings or to otherwise protect and maintain the interest
of Licensor in the Intellectual Property.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Licensee
will have the right, but not the obligation, to prosecute infringement of any of
the intellectual property related to the Technology at its own expense. Licensee
will not settle or compromise any such suit in a manner that imposes any
obligations or restrictions on Licensor or grants any rights to any intellectual
property of the Technology, without Licensor’s prior written consent. At the
time of filing any infringement enforcement action against a third party,
Licensor and Licensee will determine how any damages awarded will be distributed
between Licensor and Licensee; provided, however, that in no event will
Licensor’s distribution be less than an amount that would have been due to
Licensor as sublicense fees as if the litigation recovery had been sublicense
consideration. In such a situation Licensee will recoup 100% of its entire
litigation expenses first before any calculation is made with regard to the
division of damages awarded. In the event that Licensee is not successful in
winning a litigation case, Licensee may deduct from future royalty and
sublicense fees fifty percent of such litigation costs.

    

    2.8  No Agency or Joint
Venture. Nothing in this Agreement constitutes or deems the parties to be
engaged in a partnership or joint venture in relation to the distribution or
marketing of the Products, nor to create the relationship of principal and agent
or master and servant between the parties, or any other form of legal
association which would impose liability upon one party for any act or failure
to act by the other party.

    

    2.9  Term. The term
("Term") of this Agreement and of the rights, authorities and licenses granted
to the Licensee pursuant to this Agreement for (i) the Technology, (ii) any
improvements of or to the Technology, or (iii) any Internet platform which
embodies the Technology or such improvements shall commence upon execution of
this Agreement and continue for a term of twenty (20) years, ending on the
twentieth anniversary of the date of execution hereof, provided that the
Licensee is not in breach or default of any of the terms or conditions contained
in this Agreement.

    

    2.10  Renewal.
Subject to written mutual agreement between Licensor and Licensee, this
Agreement may be renewed.

    

    
      ARTICLE
3

    

    

    
      RESEARCH,
DEVELOPMENT AND COMMERCIALIZATION

    

    
      FUNDING
REQUIREMENTS

    

    

    3.1  Effective Dates. The
License shall become effective upon execution hereof (“Execution Date”) and
continue until the end of the Term provided Licensee has generated revenues net
of expenses incurred in the normal course of operations, or has funded, a
minimum of US$10,000,000 for "qualifying research, development and
commercialization expenses" in accordance with the following
schedule:

         

    (a)                     a
minimum of US$1,000,000 during the period commencing upon the Execution Date and
ending on the first anniversary of the Execution Date; or

    

    
      (b)
 a
minimum of US$4,000,000 during the period commencing upon the Execution Date and
ending on the second anniversary of the Execution Date; or

    

    

    
      (c)
 a
minimum of US$10,000,000 during the period commencing upon the Execution Date
and ending on the third anniversary of the Execution Date.

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    It is
understood and agreed that any funding in excess of the minimum funding
requirement for a particular period shall be automatically credited against the
minimum funding requirement for the following funding period.  For clarity,
"qualifying research, development and commercialization expenses" shall be those
expenses that have been pre-approved by the parties hereof as contributing to
the research, development and commercialization of the Technology, improvements
and platform embodying the Technology and improvements thereof as mutually
agreed upon by the parties to this Agreement.

     

    Research,
development and commercialization funding may be expanded under terms and
conditions mutually agreed between the parties.

    

    ARTICLE
4

    

    LICENSEE’S
COMMERCIALIZATION OBLIGATIONS

    

    4.1     Responsibilities. Licensee
shall perform as follows:

    

    (a)     Licensee
shall fund payments immediately as they become due for:

         

    
      	
               
      

            	
              (i)

            	
              reasonable
      relocation and resettlement costs of a Licensor platform advisor and other
      necessary personnel agreed upon between the two parties, to the testing
      and development locale including the acquisition and transport of
      prototype materials and required documents or
  plans;

            

    

    

    (ii)     
legal expenses to a patent attorney firm, mutually agreed upon among the
parties, who will provide necessary assistance in due diligence for the
patentability of the technology;

     
 

    (iii)     funding
the ongoing research, development and commercialization of the Technology and
the research, development and commercialization of devices using the
Technology;

    

    All of
the above expenditures shall be credited to the funding requirements set out in
Article 3 and are to be considered immediately available upon need.

    
       
     

    

    (b)        
 Provide assistance to the Licensor with the procurement of patent
protection, including cooperating in registered user application of such other
applications or filings as are required to effect necessary patent protection
with respect to the Technology. Licensee shall pay patent costs and expenses
related to United States and foreign filings, including patent filing,
translation, search, prosecution and maintenance costs and fees. Licensee will
be billed and will pay directly to patent counsel all documented costs and fees
and other charges incident to the preparation, prosecution, and maintenance of
any patents, copyrights or trademarks related to the Technology within thirty
(30) days after receipt of invoice.  Licensee at its option may
register this Agreement with any patent office having
jurisdiction.  Licensor will work closely with Licensee to develop a
suitable strategy for the prosecution and maintenance of all patents, industrial
design, trademarks and copyrights. It is intended that Licensee may interact
directly with the selected patent counsel in all phases of patent prosecution,
such as preparation, office action responses, filing strategies for continuation
or divisional applications, and other related activities. Licensor will provide
copies of all documents prepared by the selected patent counsel to Licensee for
review and comment prior to filing, to the extent practicable under the
circumstances.  Licensor will maintain final authority in all
decisions regarding the prosecution and maintenance of any patent, industrial
design, trademark or copyright applications. All new patent applications and
patents will be in the name of Licensee and owned by Licensee.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (c)          Licensee
will use diligent and commercially reasonable efforts to
actively   commercialize the Technology.  “Actively
commercialize” means having a commercially effective, reasonably funded ongoing
and active research, development, manufacturing, marketing and/or sales program
directed toward obtaining regulatory approval, production and/or sales of
products embodying the Technology in applicable markets.

    
       
     

    

    (d)          All
payments to Licensor will be made in United States dollars by check payable to
the name of Licensor and sent to:

         

    Demand
Pooling Global Services LLC

    12720
Hillcrest Road  Suite 1045

    Dallas,
TX  75230

    

    All
payments shall be subject to applicable withholding taxes, if any.

    
       
     

    

    (e)   Licensee
will maintain, and cause its sublicensees to maintain, complete and accurate
books and records that enable all royalties payable under the Agreement to be
verified. The records for each calendar quarter will be maintained for three (3)
years after the submission of each quarterly activity report of Licensor. Each
quarterly activity report shall be delivered to Licensor within forty-five (45)
days after March 31, June 30, September 30, and December 31, beginning
immediately after May 1, 2010 and detail the gross sales revenues for the fiscal
quarters ending on the foregoing dates, which report shall be certified by the
chief financial officer or similar officer of Licensee even if no payments are
due Licensor, giving the particulars of the business conducted by Licensee its
sublicensee. In addition, Licensor shall have the right, on an annual basis to
request and receive technical information from Licensee sufficient to
evidence whether and to what extent Licensee is practicing the claims of the
Licensed Patents. Licensor shall have the right to make an enquiry in regard of
such reports within 30 days following the receipt of such report and upon the
expiry of 30 calendar days from the receipt of such report or 10 calendar days
from the receipt of the explanation of any enquiry, such report or explanation
shall be deemed to be acceptable and final.

             

     (f)   Upon
prior notice to Licensee and its sublicensees, and at Licensor’s expense,
Licensor or its representatives or its appointed accountants will have access to
such books and records relating to gross sales as necessary to conduct a review
or audit of gross sales and verify all royalty reports submitted and royalty
payments. Such access will be available to Licensor upon not less than ten (10)
days’ written notice to Licensee and its sublicensees, not more than once each
calendar year of the Term, during normal business hours, and once a year for
three years after the expiration or termination of the Agreement. If an audit of
Licensee’s records indicates that Licensee has underpaid royalties by more than
(i) three percent (3%), or (ii) five thousand dollars ($5,000), whichever is
greater, for the records so audited, Licensee will pay the reasonable costs and
expenses incurred by Licensor and its representatives and accountants, if any,
in connection with the review or audit, and Licensee will immediately remit such
royalties and any accrued interest to Licensor. Further, whenever Licensee and
its sublicensees has its books and records audited by an independent certified
public accountant, Licensee and its sublicensees will, within thirty (30) days
of the conclusion of such audit, provide Licensor with a written statement,
certified by said auditor, setting forth the calculation of royalties due to
Licensor over the time period audited as determined from the books and records
of Licensee.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    ARTICLE
5

    

    PROTECTION
OF THE LICENSOR’S

    INTELLECTUAL
PROPERTY

    

    5.1  Licensee hereby
acknowledges Licensor’s right, title and interest in the Intellectual Property
relating to the Technology.

    

    5.2  Licensee hereby
acknowledges that all right, title, interest and goodwill relating to the
Intellectual Property inure to Licensor.

    

    5.3  Licensee hereby
acknowledges that any rights subsequently acquired with respect to Licensor’s
Intellectual Property or similar property is assigned to Licensor.

    

    5.4  Licensee undertakes
not to contest the validity of Licensor’s rights in the Intellectual
Property.

    

    5.5  Licensee agrees to
take no actions which might impair or interfere with Licensor’s rights in the
Intellectual Property.

    

    5.6  Licensee agrees not
to seek, independently of Licensor, any trade mark, copyright, patent, or
industrial design registrations anywhere in connection with the Intellectual
Property or similar property.

    

    5.7  Licensee agrees not
to adopt or use any property similar to the Intellectual Property during the
Term of this Agreement and thereafter.

    

    5.8  Licensee shall not
associate or commingle the Intellectual Property with other intellectual
property without the Licensor’s prior consent.

    

    5.9   Licensee
agrees not to use the Intellectual Property in an unauthorized manner and, in
particular, not to use it in Licensee’s name or as a name or part of a name of
any other corporate legal entity, except that Licensee, may elect to use the
company name or part of the company name of Licensor in Licensee’s name, with
the prior written consent of Licensor, which consent will not be unreasonably
withheld.

    

    5.10  Licensee
acknowledges that the grant of License is subject to the terms of this
Agreement, and a breach of this Agreement constitutes an infringement of the
Licensor’s Intellectual Property.

    

    5.11  Licensee agrees to
affix notices indicating Licensor's ownership of Licensor's Intellectual
Property on licensed products and all packaging, advertising, promotional and
other materials bearing Licensor's Intellectual Property in such form as is
requested by Licensor.

    

    5.12  Licensee hereby
acknowledges the uniqueness of the Intellectual Property, and the difficulty of
assessing damages from the unauthorized use of the Intellectual Property and the
propriety of injunctive relief.

    

    5.13  Licensor represents
and warrants to Licensee that it is the sole owner of the Intellectual Property
and the Technology, that such Intellectual Property and Technology do not
infringe on the intellectual property of any other person, and that all
registrations with respect thereof are in good standing, valid and enforceable,
and with support from Licensor, Licensee will, at its sole expense, take all
reasonable steps to secure and protect the Intellectual Property and the
Technology, including without limitation the defense of any claims against
Licensee in relation to the Intellectual Property and the Technology, in
accordance with agreement.

    

    5.14  Licensee and
Licensor shall cooperatively use their commercially reasonable efforts to
achieve procurement of trade mark, copyright and industrial design protection
with respect to the Intellectual Property, as applicable, including cooperating
in registered user application of such other applications or filings as are
required to effect necessary trade mark, copyright, patent and industrial design
protection at Licensee’s expense.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    5.15  Licensee and
Licensor shall immediately notify each other of all unauthorized uses,
infringements, imitations and any other claims against the interests of Licensor
and Licensee and assist each other in the enforcement of trade-mark, copyright,
patent and industrial design protection relating to the Intellectual
Property.

    

    5.16  Each of
Licensor and Licensee shall have the right, but not the obligation, to decide
whether to take action against infringements and imitations or defend against
any action with respect to the Intellectual Property, and Licensee shall
cooperate in any such action or defense.

    

    5.17  Licensor
represents and warrants that it has the right to grant the License to Licensee
in accordance with the terms of this Agreement.

    

    5.18  Licensor
represents and warrants that entering into this Agreement does not violate any
rights or obligations existing between Licensor and any other
entity.

    

    5.19  Licensee and
Licensor shall be required to use industry standard non-disclosure agreements or
mutually acceptable non-disclosure agreements when dealing with third parties in
order to safeguard and protect Intellectual Property.

    

    ARTICLE
6

    

    LICENSOR'S
OBLIGATIONS

    

    6.1  Licensor's Indemnity. Licensor
will indemnify and save Licensee harmless from and against any and all
reasonably foreseeable claims, causes of action, damages, awards, actions,
suits, proceedings, demands, assessments, judgments, as well as any and all
costs and legal and other expenses incidental to the foregoing, arising out
of:

         

    
      	
               
      

            	
                   
      (a)

            	
              Any
      act, default or breach on the part of Licensor or its officers, employees,
      servants, agents and representatives under the terms of this Agreement;
      and

            

    

    
       
     

    

           (b) 
Any claims of intellectual property infringement arising out of the
commercialization of the Technology to the extent that the potential for such
specific claims were actually known by the Licensor or should have been known
and were not disclosed to Licensee; or to the extent expressly waived by
Licensee in writing if such claims were disclosed to Licensee.

    

    6.2  Compliance with Laws. Licensee
will at all times during the Term fully comply with all laws, bylaws,
regulations of any competent authority that affect or are likely to affect the
due performance and observance of Licensee's obligations in this Agreement in
the sale, distribution and use of the Licensed Products.

    

    ARTICLE
7

    

    INTELLECTUAL
PROPERTY

    

    7.1  Ownership of Intellectual
Property. Based on Licensor's representation and warranty provided in
Section 10.1 as well as any future technology patents being granted, Licensee
acknowledges that Licensor is the sole and beneficial proprietor of the
Intellectual Property.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    7.2  Use of Name. Use of name or
other proprietary trade dress of Licensor or any of its subsidiaries by Licensee
shall be subject to the prior written approval of Licensor or any of its
subsidiaries.

    

    7.3  No Copies. Except in
furtherance of the research, development and commercialization of the
Technology, Licensee shall not, and shall not authorize any sublicensee or
third part to, copy, reverse engineer, decompile, disassemble, reconstruct,
decrypt, modify, update, enhance, supplement, translate or adapt the Licensed
Products and shall take all reasonable precautions so as not to allow other
parties to do so.

    

    7.4  Improvements.
Any improvements to any Licensed Product or future products, regardless of the
source, are the property of Licensor or any of its subsidiaries unless otherwise
agreed in writing, and shall be communicated promptly to Licensor or any of its
subsidiaries and will be licensed to Licensee for the Term of this Agreement as
set forth in Section 2.9 hereof.

    

    ARTICLE
8

    

    REPRESENTATIONS,
WARRANTIES AND COVENANTS

    

    8.1  Licensor represents and
warrants to Licensee that it is the sole owner of the Intellectual Property,
that such Intellectual Property does not infringe on the Intellectual Property
of any other person and at Licensee's expense, Licensee together with the
cooperation of Licensor shall take all reasonable steps to secure and protect
the Intellectual Property and the Technology, including without limitation the
defense of any claims against the Licensee in relation to the Intellectual
Property and the Technology.

    

    8.2  To the
knowledge of Licensor, there are no claims of any nature or description related
to the Intellectual Property and all registrations with respect to the
Intellectual Property are in good standing and are valid and
enforceable.

    

    8.3  Licensor agrees
to use its best efforts to obtain all required patent and industrial design
protection for the Intellectual Property not previously obtained.

    

    8.4  Licensor will agree
to maintain its intellectual property rights in the Technology free and clear of
all liens and encumbrances and that no lien, encumbrance, mortgage or debt
instrument of any kind, nature or description shall be incurred without the
prior written consent of Licensee;

    

    8.5  To the extent
it shall not adversely affect the attorney-client relationship, Licensor shall
ensure that any retention arrangement with any patent agent shall provide that
Licensee shall at all times be copied on any correspondence with any patent
office and that Licensee shall have free and unfettered access to the working
files of such patent agent and may make such enquiries with the patent agent as
is necessary for the maintenance of its continuous disclosure record with its
shareholders and the making of any decision by Licensee for any payments
hereunder;

    

    8.6  Licensor represents
and warrants that it has the right to grant the License pursuant to the terms of
this Agreement and that entering into this Agreement does not violate any rights
or existing obligations between Licensor and any other entity.

    

    8.7  Licensor represents
and warrants that it is a limited liability company in good standing under the
laws of the State of Delaware and has full authority to enter into this
Agreement without any breach of its governing documents or any applicable
law.

    

    8.8  Licensee represents
and warrants that it is a corporation in good standing under the laws of the
State of Delaware and has full authority to enter into this Agreement without
any breach of its governing documents or any applicable law.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    ARTICLE
9

    

    FORCE
MAJEURE

    

    9.1 Definition of Force
Majeure. For the purpose of this Agreement, force majeure means any act,
event or cause, except in relation to obligations to make payments under this
Agreement, beyond the reasonable control of the party affected by that force
majeure including, without limitation, any act of God or any public enemy, fire,
flood, explosion, landslide, epidemic, breakdown of or damage to plant,
equipment or facilities, inability to obtain or unavailability of or damage to
materials, ingredients or supplies, strikes, labor disputes, war, sabotage,
riot, insurrection, civil commotion, national emergency and martial law,
expropriation, restraint, prohibition, embargo, decree or order of any
government, governmental authority or court.

    

    9.2 Notice of Force
Majeure. A party (in this Agreement called the "Affected Party") will
inform the other party in writing within seven days of becoming affected by any
force majeure that has or is likely to have any substantial detrimental effect
on the ability of the Affected Party to perform any or all of the terms and
conditions contained in this Agreement and will give particulars of the force
majeure and the likely duration of the force majeure and of any likely or
resulting disability or effect of that force majeure.

    

    9.3 Time for Performance.
The time for performance of the obligations of an Affected Party will be
extended for the period of the force majeure if appropriate.

    

    ARTICLE
10

    

    TERMINATION

    

    10.1  Termination on Default. 
If any of the Parties are in breach or default of the terms or conditions
contained in this Agreement and do not rectify or remedy that breach or default
within 90 days from the date of receipt of notice by the other party requiring
that default or breach to be remedied, then the other party may give to the
party in default a notice in writing terminating this Agreement but without, in
any way, limiting or affecting the rights or liabilities of the parties or
either of them that have accrued to the date of termination.  However,
the party to whom notice of default has been delivered shall have the right to
contest the termination in a court of law and any such termination shall not
become effective until a final decision has been rendered by a court of
competent jurisdiction that the alleged breach is actual and that the party to
which a notice of default has been delivered, has not effectively cured the
default.

    

    10.2  Optional Termination by Licensee.
 Licensee may, at its option, terminate this Agreement at anytime by
doing the following:

        

    (a)
 by ceasing to use the Technology and offer the services facilitated by any
Licensed Products;

         

    
      	
               
      

            	
                      (b)

            	
              by
      giving sixty (60) days prior written notice to Licensor of such cessation
      and of Licensee’s intent to terminate, and upon receipt of such notice,
      Licensor may immediately begin negotiations with other potential licensees
      and all other obligations of Licensee under this Agreement will continue
      to be in effect until the date of
termination;

            

    

         

    
      	
               
      

            	
                     
      (c)

            	
              tendering
      payment of all accrued royalties and other payments due to Licensor as of
      the date of the notice of termination;
and

            

    

    

    
      	
               
      

            	
                     
      (d)

            	
              evidencing
      to the Licensor that provision has been made for any prospective royalties
      and other payments to which Licensor may be entitled after the date of
      termination.

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    10.3  Partial Termination by the
Licensor.  Notwithstanding Section 10.1, if Licensee is in
breach or default of the terms or conditions contained in this Agreement and
does not rectify or remedy that breach or default within 90 days from the date
of receipt of notice by Licensor requiring that default or breach to be
remedied, then Licensor, may alter License granted by this Agreement with
regards to its exclusivity, its territorial application and restrictions on its
application.

    

    10.4  Termination in Other
Events.  Without in any way limiting any other provision of
this Agreement, either Licensor or Licensee may terminate this Agreement by
notice in writing to the other if an order is made by a court or other competent
authority for the winding up or dissolution of Licensee.

    

    10.5  Survival. Upon the termination
of this Agreement:

    

    
      	
               
      

            	
              (a)

            	
              Licensee
      will immediately cease use of the Intellectual Property; provided however,
      after the effective date of termination, Licensee may sell all Licensed
      Products and parts thereof that it has on hand at the effective date of
      termination; provided, however, that Licensee’s royalty obligations will
      continue until all Licensed Products have been
  sold;

            

    

    

    
      	
               
      

            	
              (b)

            	
              Nothing
      in this Agreement will be construed to release either party from any
      obligation that matured prior to the effective date of termination;
      and

            

    

    

    
      	
               
      

            	
              (c)

            	
              The
      provisions of Articles 5, 6, 7 and 8 shall survive any termination or
      expiration of this Agreement

            

    

    

    ARTICLE
11

    

    GENERAL

    

    11.1  Notices. All notices or other
communications required or permitted to be given under this Agreement must be in
writing and delivered by e-mail, courier or facsimile to the address for each
party as specified above or in the case of delivery by facsimile, as
follows:

    

      If to
Licensee:

    
      Accelerated
Acquisitions V, Inc.

    

    
      122 Ocean
Park Blvd. Suite 307

    

    
      Santa
Monica, CA 90405

    

               

                    
Attention: Robert Diener

              

    Facsimile:      310-362-8887  

    E-mail:           r.diener@verizon.net     

    
           

    

    
      If to
Licensor:

    

    
      Demand
Pooling Global Services LLC.

    

    
      12720
Hillcrest Road  Suite 1045

    

    
      Dallas,
TX  75230

    

    
                

    

    
      Attention:     Richard
Aland

    

    
                

    

    
      Facsimile:     
972-388-1974 

    

    
      E-mail:           raland@depo.org

    

    
                          

    

    
      Any party
may designate a substitute address for the purpose of this section by giving
written notice in accordance with this section. Any notice delivered in this
fashion will be deemed to have been given when it is actually
received.

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    11.2  Time of Essence. Time is of
the essence of this Agreement.

    

    11.3  Further Assurances. Each of
the parties hereby covenants and agrees that at any time and from time to time
it will, upon the request of the other party, do, execute, acknowledge and
deliver or cause to be done, executed, acknowledged and delivered all such
further acts, deeds, assignments, transfers, conveyances, powers of attorney and
assurances as may be required for the better carrying out and performance of all
the terms of this Agreement.

    

    11.4 Each party
recognizes that the employees of the other party, and such employees' loyalty
and service to such party, constitute a valuable asset of such party.
Accordingly, each party agrees not to make any offer of employment to, nor enter
into a consulting relation with, any person who was employed by the other party
within three years after the cessation of such person's employment by the other
party.

    

    11.5  Subject to the
limitations hereinbefore expressed, this Agreement will inure to the benefit of
and be binding upon the parties and their respective successors and
assigns.

    

    11.6 There are no oral
conditions, representations, warranties, undertakings or agreements between
Licensor and Licensee. No modifications to this Agreement will be binding unless
executed in writing by the parties. No waiver of any provision of this Agreement
will be construed as a waiver of any other provision hereof nor shall such a
waiver be construed as a continuing waiver. This Agreement may be executed in
one or more counterparts, each of which will be deemed an original, but all of
which together constitute one and the same instrument. This Agreement will be
governed by the laws of the State of Florida. Unless otherwise stated, all
dollar amounts referred herein shall be in the lawful currency of the United
States. If any clause or provision of this Agreement is declared invalid or
unenforceable, the remainder of this Agreement will remain in full force and
effect. Headings used in this Agreement are for reference purposes only and will
not be deemed to be a part of this Agreement. This Agreement will not be
construed as creating a partnership, joint venture or agency relationship
between the parties or any other form of legal association which would impose
liability upon one party for any act or failure to act by the other
party.

    

    IN
WITNESS WHEREOF the following parties have executed this Agreement:

    

    
      
        
          
            
              
                	
                        ACCELERATED
      ACQUISITIONS V, INC.

                      	 
      
	 
      	 
      
	
                        /s/  Donald J.
    Kelly

                      	 
      
	
                        By:

                      	
                        Donald
      J. Kelly, Director

                      	 
      
	 
      	 
      	 
      
	
                        DEMAND
      POOLING GLOBAL SERVICES LLC

                      	 
      
	 
      	 
      	 
      
	
                        /s/  Richard
      K. Aland

                      	 
      
	
                        By:

                      	
                        Richard
      K. Aland, Director

                      	 
      

              

            

          

        

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      SCHEDULE
A

    

    

    INTELLECTUAL
PROPERTY:

    

    Demand
Pooling Global Services, LLC (“DPGS”) has developed certain intellectual
Property consisting of the components outlined in the following paragraphs, and
developed and designed to advance a business concept (“Business Concept”) and it
is this Business Concept, combined with the technology and company expertise for
which DPGS is seeking patent protection and which is the technology that is the
subject of the Licensing Agreement between DPGS, as licensor and Accelerated
Acquisitions V, Inc., as licensee (the “Company”).

    

    The
Business Concept consists of a number of approaches that facilitate improved
pricing and greater affordability for products that state and local governments,
the Company’s initial target market, purchase on a repetitive basis.  While
the Business Concept is equally applicable for non-governmental entities, such
as utilities and a variety of other commercial enterprises, the Company has
chosen to initially target the state and local governmental
marketplace.

    

    The
Business Concept has, as its core product, a web-based electronic platform that
facilitates the aggregation of demand (or “cooperative purchasing”) for
high-ticket capital equipment and selected commodities.  DPGS’s proprietary
software facilitates cooperative purchases of similar products, even though each
individual participant may maintain its own unique product
specifications.

    

    Graphically,
the following illustrates the overall Business Concept:

    

    

    

    SYSTEM
TECHNOLOGY:

    

    Datacenter

    

    The DPGS
system utilizes a leased facilities and capacity in a highly secure, fault
tolerant, enterprise-class data center, designed to provide 100% uptime. 
Maintenance of the facilities, operation and management of the datacenter is
outsourced to Databank LLC, 400 S. Akard St., Dallas, Texas 75202, in the former
home of the Dallas Federal Reserve Bank, which enables DPGS and the Company to
benefit from a state-of-the art infrastructure facility, while not having to
commit significant resources, capital or human, to the build-out and ownership
of the infrastructure.  The ability to expand capacity and scalability
requirements (space, power, networking and redundancy capability) is virtually
without limitation.

    

    Security
of the installed assets, information, applications and client data are of
paramount importance.  Security at the Datacenter is provided on a 24/7/365
basis.  Card access is required to gain access, along with biometric hand
scanning upon entry, and annual SAS 70 Audits are performed to ensure the
delivery of services at the highest possible levels.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Uptime of
the website is essential for the Company to provide consistent and reliable
services to our users.  To ensure this level of service, our systems have
reliable UPS/Backup Generators and reliable utility power.  The UPS/Backup
Generator power supply provides: true A+B power configurations, all UPS and
Generator deployments provide N+1 redundancy, 800KVA MGE UPS Systems, 1200 KVA
CAT UPS Systems, 2.0 megawatt generators, 1.5 megawatt generators.  There
are six utility feeds from the CBD grid, N+3 Transformers with ATS switches and
the feeds to building are concrete encased.

    

    Cooling
systems employ 3,500 Ton cooling tower capacity, 30 Ton Liebert CRAC Units,
designed with N+1 redundancy and 80,000 gallon reserve make-up water
tank.

    

    Network

    

    For the
Internet, the network architecture utilizes redundant N+1 Core and N+1 access
Foundry XMR, MLX and Cisco 6500 routers to provide a Highly Redundant and Highly
Available Multi-Homed Internet Aggregation Hub.  This coupled with multiple
10 Gigabit IP trunks from multiple Tier 1 Internet service providers makes the
IP Hub would be considered highly robust.  Embedded sFlow per port supports
scalable hardware-based traffic monitoring across all switch ports without
impact performance.  Connectivity is provided to Databank by multiple
vendors including: AboveNet, AirBand, Cogent, Time Warner, XO, Looking Glass,
Level 3, InnerCity Fibernet, FiberLight, MCI, Qwest, Consolidated
Communications, Texas Lone Star Network, TerraStar, Clearwire Communications,
Current Communications and Verizon.  The CBD fiber optic network is built
upon 432 strands of fiber and available duct.  The Company benefits from
Databank’s significant level of redundancy and the users of the Company’s
offering benefit from the consequent reliability of services which the Company
can offer.

    

    Application

    

    The
Company’s system, licensed from DPGS, utilizes what is referred to as an
“n-tiered” architecture for reliability, scalability and redundancy.  The
system is comprised of multiple applications which manage the functionality and
business logic between databases, Web portal and back-office applications. 
The core application is developed in Java, .Net 2.0 and utilizes various
state-of-the- art tools for the Graphical User Interface.  This allows
rapid development and deployment of future enhancements.

    

    Rigorous
Methodologies and Procedures are utilized for:  Application
Development and Deployment, Quality Assurance, Standardize Style Guide, Project
Management, Offshore Development, Change Management Control, Testing and Quality
Measurement Standards.

    

    Infrastructure

    

    The
following diagram is a graphical representation of the Company’s current and
future infrastructure design:

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    SCHEDULE
B

    

    [Intentionally
Omitted—Schedule B does not exist]

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    SCHEDULE
C

    

    CONFIDENTIAL

     

    [date]

     

    [addressee]

     

    
      	
               
      

            	
              Re:

            	
              Confidentiality
      Agreement

            

    

     

    Ladies
and Gentlemen:

     

    Pursuant
to the terms of that certain Licensing Agreement (“Licensing Agreement”) dated
April 15, 2010 among Demand
Pooling Global Services LLC, (“Licensor” or “DPGS”), and Accelerated Acquisitions V,
Inc., (“Recipient”) the undersigned may gain access to certain
confidential information related to the Licensor, including but not limited to
confidential information regarding its intellectual property.  As a
condition to entering into the Licensing Agreement, Recipient agrees with
respect to any such information together with any additional non-public
information furnished to Recipient regarding the Licensor, either prior to or
after the date of this letter, as follows:

     

    Recipient
agrees to treat such information and any information prepared by the Licensor or
any of its affiliates which is furnished to it, regardless of the manner in
which it is furnished, together with analyses, compilations, studies or other
documents or records prepared by Recipient or any of its agents or advisors
(including without limitation, employees, attorneys, accountants, consultants,
bankers and advisors) (collectively, "Representatives") to the extent that such
analysis, compilations, studies, documents or records contain or otherwise
reflect or are generated from such information (hereinafter collectively
referred to as the "Confidential Material") in accordance with the provisions of
this agreement.  The term Confidential Material does not include
information which (i) was or becomes generally available to the public other
than as a result of disclosure by Recipient or its Representatives, (ii) was or
becomes available to Recipient on a non-confidential basis from a source other
than the Licensor or its advisors provided that the source is not known to
Recipient to be bound by a confidentially agreement with the Licensor, or
otherwise prohibited from transmitting the information to Recipient by a
contractual, legal or fiduciary obligation or (iii) was within Recipient's
possession prior to its being furnished to Recipient by or on behalf of the
Licensor, provided that the source of such information was not bound by a
confidentiality agreement with the Licensor or otherwise prohibited from
transmitting the information to Recipient by a contractual, legal or fiduciary
obligation.

     

    Recipient
hereby agrees that the Confidential Material will be used solely for the purpose
of conducting the business of Recipient and that such Confidential Material will
be kept confidential by Recipient and its Representatives; provided, however,
that (a) any such information may be disclosed to Recipient's Representatives
who need to know such information for the purpose of conducting Recipient’s
business (it being understood that such Representatives shall be directed by
Recipient to treat such information confidentially and Recipient will provide
each of its Representatives with a copy of this Agreement and obtain such
Representatives’ written acknowledgement of this Agreement) and (b) disclosure
of such information may be made to which the Licensor consents in writing. 
In any event, Recipient shall be responsible for any breach of this agreement by
any of its Representatives and Recipient agrees, at its sole expense, to take
all reasonable measures (including but not limited to court proceedings) to
restrain its Representatives from prohibited or unauthorized disclosure or use
of the Confidential Material.  Recipient further agrees that the
Confidential Material which is in written form shall not be copied or reproduced
at any time without the prior written consent of the Licensor.

     

    Recipient
agrees that neither the Confidential Material, nor any part of it, will be used
by Recipient for any purpose other than the specifically licensed uses thereof
or which might be construed in any manner to be competitive with the Licensor's
business as disclosed in the Confidential Material.

     

    Recipient
understands and acknowledges that any and all information contained in the
Confidential Material is being provided without any representation or warranty,
express or implied, as its accuracy or completeness.  Recipient agrees that
the Licensor or any of its Representatives shall have no liability to Recipient
or any of its Representatives resulting from the use of the Confidential
Material by Recipient or any of its Representatives.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    It is
understood and agreed that money damages would not be a sufficient remedy for
any breach of this agreement and that the Licensor shall be entitled to specific
performance and injunctive or other equitable relief as a remedy for any such
breach and Recipient further agrees to waive any requirement for security or the
posting of any bond in connection with such remedy.  Such remedy shall not
be deemed to be the exclusive remedy for breach of this agreement but shall be
in addition to all of the remedies available at law or equity to the
Licensor.

     

    In the
event of litigation relating to this agreement, if a court of competent
jurisdiction determines in a final, non-appealable order that a party has
breached this agreement, then such party shall be liable and pay to the
non-breaching party the reasonable legal fees such non-breaching party has
incurred in connection with such litigation, including any appeal
therefrom.  Any action to enforce this agreement shall be brought in the
State of Texas and be governed by applicable Texas law.

     

    Recipient's
obligations under this agreement shall stay in effect for the term of the
Licensing Agreement and will expire only when applicable protections afforded
the patented technology expire.  Wherever possible, each provision of this
agreement shall be interpreted in such a manner as to be effective and valid
under applicable law, but if any provision of this agreement shall be prohibited
or invalid under applicable law, such provision shall be ineffective to the
extent of such prohibition or invalidity, without invalidating the remainder of
such provision or the remaining provisions of this agreement which shall be
broadly construed in favor of protecting the Licensor's interest in
confidentiality.

     

    If
Recipient agrees with the foregoing, please sign and return one copy of this
letter which will constitute our agreement with respect to the subject matter of
this letter.

     

    Sincerely,

     

    
      
        
          
            
              
                
                  	
                          DEMAND
      POOLING GLOBAL SERVICES, LLC

                        	 
      
	 
      	 
      
	
                            

                        	 
      
	 
      	 
      
	
                          ACKNOWLEDGED AND AGREED:

                        	 
      
	 
      	 
      
	
                          By:

                        	 
      	 
      
	 	 	 
	
                          Date:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00179-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00179-of-00352.parquet"}]]