Document:

Unassociated Document

    

      Confidential
FLAG – license FL2500-07 05 23

      

      KNOW-HOW LICENSE -
FL2500

       

      AGREEMENT entered into this
day, 23rd day of
May, 2007

      

      by and
between

      

      LIAONING
GAOKE ENERGY GROUP

      (GAOKE)

      (as
Licensee)

      located
at

      

      No. 64
Huanghai Road Yuhong District Shenyang City, CHINA,

      represented
by Vice-President Mr. Wang
Yunbo

       

      and

       

      Fuhrländer AG

      

      (Fuhrländer)

      (as
Licenser)

      located
at

      

      Auf der
Höhe 4, D 56477 Waigandshain, Germany

      represented
by Vice-President Dr.-Ing.
Volker Weiß

      

      

      
        
          	
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      Contract Gaoke 23052007

                	
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      Confidential
FLAG – license FL2500-07 05 23

       

      PREAMBLE

       

      Gaoke is
a well known Company in the field of Energy business with focus amongst others
on Power Plants, special Micro Networks, New Energy (Renewables) and especially
Wind farms.  The total range of Research, Development, Design,
Construction, and Manufacturing is covered.

       

      Gaoke
additionally wants to manufacture and sell wind turbines under license from
Fuhrlaender AG in a specific territory within the growing CHINESE
market.  Licensee will also support the assembling, erection and
after-sales of wind turbines in territory defined in §1(1).

       

      Fuhrländer
AG, (hereafter referred as the "Licenser") has obtained
certain rights to 2500kW wind turbine technology from W2E Wind -To-Energy GmbH
("W2E") and has affiliates belonging to Fuhrländer Group (FL Group) and is
acting independently in using technology and licensing.  FL Group is a
well-known German manufacturer of wind turbines between 30 kW and 2500 kW
electrical outputs, primarily wind turbines with 1 to 2.5 MW power, with rotor
diameter between 50 and 100m, stall- and pitch-regulated, tubular tower types
between 50m and 100 m, or lattice towers up to 160m.  The training
program of the FL Group consists of very experienced personnel.

       

      The
Parties agree that Licensee intends to manufacture wind turbines under this
Agreement on the following basis:

       

      Licenser
gives the right to the Licensee to use the license material in the way described
in this contract.  Every use going beyond it must be agreed on in
writing.  Without the prior consent of the Licenser, the ownership of
the license material remains exclusively with Licenser or the owner granting
rights to the Licenser.  Licenser agrees to transfer the complete set
of technology of FL 2500 series wind turbines certified by Germanischer Lloyd
(the "Licensed Product").  For the avoidance of doubt, series means
the comprehensive series of 2500kW wind turbines of W2E technology, with rotor
diameter between 80m and 100m, hub center height between 65m-160
m.  Licensee and Licenser agree to collaborate to establish Licensed
Product production in Province of Liaoning, PR-CHINA.  It is the
intention of both parties to create a manufacturing facility in Liaoning similar
to the one in Germany that manufactures the Licensed Product.  After
technology transfer, if Licenser makes any improvement or/and perfection to the
technology or know-how of FL series wind turbines, Licenser will allow Licensee
to use that improvement or/and perfection free of charge.

       

      §
1.        LICENSE GRANT

       

      
        	
                1.

              	
                Licenser
      herewith grants to the Licensee a license to make use of the Licenser's
      know-how ("Licensed
      Know-how") in the territory according Annex
      2 (the "Territory") with the
      particular Rights according Annex
      2 solely for the purposes of producing and selling the Licensed
      Product.  For clarity, the Territory shall be solely as
      described in Annex
      2.

              

      

       

      
        	
                2.

              	
                The
      Licenser herewith grants to the Licensee a non-exclusive license to
      manufacture and distribute the Licensed Product within the Territory
      (§1.1).  The Licensee has no right to make use of the know-how
      to manufacture and market the Licensed Product outside the Territory (§
      1.1).  For clarity, this means, that Licensee needs Licenser's
      prior written approval for each project, even for a draft, outside the
      Territory (§1.1).  Disregarding this requirement may, at the
      option of Licenser, lead to termination of this contract without notice
      and the loss of any further right to make use of the licensed know-how by
      the Licensee.  This license covers the entire scope of the
      Licensed Product, including improvement and perfection of FL 2500 series
      wind turbine technology.

              

      

       

      
        
          	
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      Confidential
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                3.

              	
                The
      Licensed Know-how shall include all related technical documents, technical
      secrets, patents, trademark and technical assistance limited to the scope
      of the licensed know-how required and used by the Licensee with respect to
      the Licensed Product.  The know-how shall
      involve:  the design, assembling, sale, service, test method,
      installation, after-sale service, inspection, quality standard, safeguard
      construction for equipment, supplier list (containing the suppliers' name,
      address, contact method, product specifications) complete technical and
      relevant documents as far as they are available to Licenser and about the
      acceptance method and standards of parts purchased, personnel training and
      the debugging of special failures.  However the parties
      acknowledge that certain parts of the Licensed Product consist of
      components, materials and software supplied by third parties and therefore
      that the Licenser is not the owner of the property rights of those
      components, materials and software supplied by third parties (except for
      certain specifications which form part of the Licensed
      know-how).  The Licensed Know-how is fully represented by the
      documentation listed in Annex
      1.

              

      

       

      
        	
                4.

              	
                Licenser
      may sell the Licensed Product in the Territory (§ 1.1).  For
      avoidance of doubt, Licensee has the right to assemble and distribute the
      Licensed Product in the Territory non-exclusively without minimum
      performance requirements due to the fact that Fuhrlaender is free to add
      new licensees if desired.

              

      

       

      
        	
                5.

              	
                Licenser
      shall provide access to Master Pricing Agreements with suppliers as part
      of the Licensed Know-how described in §1.3.  The access to the
      Master Pricing Agreements, identification of contacts associated with
      suppliers and introductions to said suppliers shall be part of the handing
      over procedure described in §2.4.

              

      

       

      §
2.        DELIVERY AND ACCEPTANCE OF
TECHNICAL DOCUMENTS

       

      
        	
                1.

              	
                Pursuant
      to §1.3, the Licenser shall deliver and transmit the complete set of
      general documents listed in Annex
      1 (the "Licensed
      Material") within the term set forth in
    § 7.1(a).

              

      

       

      
        	
                2.

              	
                The
      technical documents delivered by the Licenser in accordance with §2.1
      shall include a detailed list that contains the document name, number of
      pages, etc.  The Licenser shall warrant that the Licensed
      Material is complete and accurate and that it represents all of the
      technical documentation required by the Licenser to manufacture,
      distribute and operate the Licensed Product (it being understood that the
      Licensed Material relating to the FL2500 has been developed by
      W2E).

              

      

       

      
        	
                3.

              	
                All
      technical documents, drawings, diagrams and information provided by
      Licenser to Licensee shall be written in
  English.

              

      

       

      
        
          	
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                4.

              	
                Licenser
      shall deliver the Licensed Material to Licensee by hand delivery or by
      courier.  Licensee shall have the option to request that the
      handing-over procedure of the Licensed Material occurs in Waigandshain or
      at the Licensee's office.  Each party shall bear its own costs
      for such handing-over procedure.  The Licensee will check and
      accept the complete set of technical documents delivered by the Licenser
      according to the technical documents list in Annex
      1, and file them after confirmation of both parties by signature or
      by telefax.  In case the documents delivered by the Licenser are
      found undetailed, lost or short of pages, the Licenser shall deliver again
      such technical documents within 10 days after receiving a notice from
      Licensee.  The cost arose from this shall be borne by the
      Licenser.  To produce evidence, that documents handed over are
      complete, a written confirmation by Licenser shall
  suffice.

              

      

       

      
        	
                5.

              	
                The
      Licenser warrants that the Licensed Product meets the technical standards
      specified in Annex
      1.

              

      

       

      
        	
                6.

              	
                The
      Licenser shall support, supervise, train and certify the first three (3)
      units of Licensed Product produced by the Licensee.  The
      obligations of the Licenser hereof are free of charge for a maximum of 25
      working days.  Licenser shall provide experienced personnel to
      assist in the manufacturing and assembly of the first three units of
      Licensed Product beyond the 25 days maximum at Licensee's request and
      expense.  In order to enable Licenser to coordinate personnel,
      Licensee shall provide at least 6 weeks' notice prior to the scheduled
      work.

              

      

       

      
        	
                7.

              	
                The
      Licensee has the right to choose suppliers whom the Licensee believes to
      be qualified and also has the right to produce the parts and components of
      the Licensed Product by itself.  However if the Licensee chooses
      any products and components of a new supplier which have not been approved
      by the Licenser, the Licenser shall not have any liability relating
      thereto, except if such parts respect the specifications provided by the
      Licenser.  Should the Licensee wish to have the products and/or
      components of a new supplier qualified by the Licenser, Licensee shall
      send a notice to that effect to the Licenser and the latter shall do all
      that is necessary to verify if such supplier conforms to the standards
      required by Licenser, at the expense of the
  Licensee.

              

      

       

      §
3.        CONTRACT DURATION AND CONTRACT
TERMINATION

       

      According
to the relevant laws of Germany, this contract becomes effective from the date
of signature of this contract ("Date Of Validity") and runs perpetually unless
there is a contract breach or missing financing within 1 months or a voluntary
termination by mutual consent of both parties.

       

      After the
date of validity Licensee has the opportunity to complete financing and/or
finding investors for a period of maximum 1 month.  The date financing
is completed is "Date of Execution" of this agreement.  Reference is
made to § 7(1)a.  In case financing is not reached in between 1 month
after Date of Validity Licensee agrees to pay for handling fee and loss of
profit of 100.000 Euro in between 30 days after 1 month after date of
validity.  In this case the agreement becomes null and
void.

       

      
        
          	
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      Confidential
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                1.

              	
                The
      contract is terminable without prior notice in case of a substantial
      breach of the contract.  A substantial breach occurs when one of
      the contract parties breaches any of the essential contractual duties,
      including without limitation, if:

              

      

       

      
        	
                 
      

              	
                a.

              	
                the
      Licensee does not make full payment of all amounts owing within sixty (60)
      days of Licenser delivering a written notice of amount
    owing;

              

      

       

      
        	
                 
      

              	
                b.

              	
                Licenser
      does not deliver all Licenser Know-how and technical documentation, in
      accordance with § 1.3 and Annex
      1, within sixty (60) days of receiving a written detailed and
      substantial request from Licensee, subject to Licensee meeting its
      obligations under §7;

              

      

       

      
        	
                 
      

              	
                c.

              	
                Licensee
      is using the transferred Licenser Know - how to develop similar turbines
      (2 - 3 MW output);

              

      

       

      
        	
                 
      

              	
                d.

              	
                Licensee
      is manufacturing, distributing, or marketing- a similar turbine (2 - 3 MW)
      of a competitor of the Licenser;

              

      

       

      
        	
                 
      

              	
                e.

              	
                Licensee
      carries out any technical changes without Licenser's written confirmation
      of acceptance (see § 4.2);

              

      

       

      
        	
                 
      

              	
                f.

              	
                §
      5.2 is disregarded;

              

      

       

      
        	
                 
      

              	
                g.

              	
                Licensed
      Know-how transferred is used contrary to this
  Agreement;

              

      

       

      
        	
                 
      

              	
                h.

              	
                the
      number of turbines sold is not correctly indicated to the
      Licenser;

              

      

       

      
        	
                 
      

              	
                i.

              	
                a
      contracting party becomes insolvent and/ or is adjudicated bankrupt or is
      liquidated or is dissolved, or if a trustee or receiver of its property is
      appointed, or is subject to any other action under local law based on its
      inability to meets its financial obligations, the solvent party is
      entitled to immediately terminate this
  Agreement.

              

      

       

      
        	
                 
      

              	
                j.

              	
                a
      competitor (see Annex 3) of Licenser or a company controlled by a
      competitor of Licenser reaches a majority of Licensee, unless there is an
      explicit written confirmation of Licenser, that Licenser accepts this
      change of majority.

              

      

       

      
        	
                2.

              	
                In
      case of the early termination of this Agreement due to the actions of
      Licensee, the Licensee is authorized to complete the pending
      orders.  The Licensee will submit a list to the Licenser in such
      a case outlining the orders still to be completed within four weeks after
      termination of this Agreement.  If this isn't carried out, it is
      agreed that the Licensee has the obligation to stop any further use of the
      license granted herein with immediate
effect.

              

      

       

      
        
          	
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      Confidential
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                3.

              	
                The
      Licensee is, in case of termination of contract, also obliged to return
      all original technical documents including manufactured copies, any notes
      made thereof, as well as documents characterized as confidential, and to
      confirm in writing to the Licenser that there are no remaining documents,
      and that no additional copies or notes have been manufactured, passed on
      and/or kept back by third parties.  This isn't valid for
      documents which are generally accessible or which are needed for the later
      maintenance of the licensed product already sold.  Such
      documents may further be used by the Licensee - provided that the contents
      and size of these documents is agreed to by the Licenser and
      Licensee.

              

      

       

      
        	
                4.

              	
                Every
      termination has to be carried out in writing, including by
      FAX.

              

      

       

      §
4.        OBLIGATION TO FURTHER DEVELOP
THE KNOW-HOW AND TO OBTAIN GOVERNMENTAL APPROVALS

       

      
        	
                1.

              	
                Licenser
      solely shall be obliged to develop the Licensed Know-how to the extent
      necessary to manufacture and distribute the Licensed Product for the first
      3 years of this Agreement.  The costs will be taken over by the
      Licensee.  The Licensee may not carry out any unapproved
      technical changes.

              

      

       

      
        	
                2.

              	
                For
      all improvement and/or perfection made by Licenser to technology or
      know-how of FL 2500 series wind turbine, Licenser shall be obliged to
      allow Licensee to use the improvement and/or perfection free of
      charge.  Any improvement and/or perfection made by the Licensee
      to technology or know-how of FL 2500 series wind turbine must be verified
      and accepted by Licenser in writing before it can be
      applied.  Licenser shall complete such verification and
      acceptance on a timely basis and all costs expended by Licenser for such
      technical support will be borne by the
Licensee.

              

      

       

      
        	
                3.

              	
                Licensee
      shall comply with any regulations within the Territory and obtain
      governmental approvals within the Territory, if such are necessary for the
      manufacturing, distributing or operating of the Licensed
      Product.

              

      

       

      
        	
                4.

              	
                Licenser
      shall provide all assistance reasonably necessary to obtain such approvals
      at the expense of Licensee.

              

      

       

      §
5.        OBLIGATION TO USE
KNOW-HOW

       

      
        	
                1.

              	
                Licensee
      shall use its best efforts to exploit the Licensed Know-how in accordance
      with this Agreement.

              

      

       

      
        	
                2.

              	
                Licensee
      guaranties that it and its affiliates, directly or indirectly, will not
      use any technical know-how or license of competitors of the
      Licenser.  Disregarding this requirement may lead to termination
      without prior notice at the option of Licenser, and the loss of any
      further right to make use of the Licensed Know-how by the
      Licensee.

              

      

       

      §
6.        REPRESENTATIONS AND
WARRANTIES

       

      
        	
                1.

              	
                Licenser
      represents that it is not aware of any prior use-rights of third parties
      which might affect the know-how transfer under this
      agreement.  Nevertheless there are (i) third parties bound by a
      non-disclosure agreement that are not entitled to make use of the Licensed
      Know-how; (ii) third parties outside of the Territory that may use the
      Licensed Know-how outside of the Territory; and (ii) other licensees of
      the Licenser which have licensed other products than the Licensed Product
      within the Territory) and that it is also not aware of any third party
      rights which could be violated by the use of the Licensed Know-how by the
      Licensee in the Territory except as described in
  §9.

              

      

       

      
        
          	
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      Confidential
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                2.

              	
                Licenser
      warrants that it has obtained the rights to the Licensed Know-how (and no
      third party has any right, title and interest in the Licensed Know-how
      which is affecting the know-how transfer under this agreement, except as
      described in § 6.1), and that such Licensed Know-how is of good quality
      and identical with the know-how used by the Licenser for the conduct of
      its business and that the Licensed Product produced in accordance with the
      specifications set out in the Licensed Know-how will be merchantable and
      fit for their purpose.

              

      

       

      
        	
                3.

              	
                Licensee
      warrants that it will maintain the secrecy of the Licensed Know-how as
      more specifically set forth in §10.

              

      

       

      
        	
                4.

              	
                Licensee
      represents that to the best of its knowledge it has full authority to
      enter into this Agreement and that all necessary corporate and
      governmental actions have been
taken.

              

      

       

      
        	
                5.

              	
                Licenser
      warrants that it will keep Licensee's proprietary information confidential
      pursuant to §10, including without limitation all of Licensee's
      proprietary information such as price lists, customer lists, and
      technological know-how.

              

      

       

      §
7.        TRANSFER FEE AND
ROYALTIES

       

      In return
for the license granted in accordance with §1, Licensee agrees to make the
payments outlined in this section §7.

       

      
        	
                1.

              	
                The
      Licensee shall pay upon signing of this contract a transfer fee of FOUR MILLION
      FIVE HUNDRED THOUSAND EURO (€4,500.000) for the complete value of
      technology (value of license) (net payments not including
      Territory's tax) in three payments as
follows:

              

      

       

      
        	
                 
      

              	
                a.

              	
                TWO
      MILLION EURO (€2,000,000), latest 1 month after the date of validity of
      this Agreement.  With the payment the Execution Date of this
      agreement is reached.  Reference is made to
  §3.

              

      

       

      
        	
                 
      

              	
                b.

              	
                TWO
      MILLION EURO (€2,000,000) immediately prior to the delivery of Licensed
      Know-how, which will take place within 45 days of this
      payment.  This payment has to be done not later than 6 months
      after the Date of Validity.

              

      

       

      
        	
                 
      

              	
                c.

              	
                FIVE
      HUNDRED THOUSAND EURO (€500,000) immediately prior to the commencement of
      the first training program of Licensee set forth in §13.1, but not later
      than 14 months after the Date of
Validity.

              

      

       

      
        	
                2.

              	
                To
      ensure, that know how transfer is successful and for training a further
      lump sum of ONE MILLION FIVE HUNDRED THOUSAND EURO (€1,500,000) has to be
      paid immediately prior to the commencement of the first training program
      of Licensee set forth in §13.1, but not later than 14 months after the
      Date of Validity.

              

      

       

      
        
          	
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      Confidential
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                3.

              	
                To
      ensure, that know how transfer is successful and for training a further
      lump sum of TWO MILLION EURO (€2,000,000) has to be paid immediately prior
      to the commencement of the first training program at Licensee's location
      set forth in §13.3, but not later than 20 months after the Date of
      Validity.

              

      

       

      
        	
                4.

              	
                Subject
      to the minimum payments to be made in accordance with §7.5 for maintaining
      the license and continuously support from licensor and except for the
      first three units manufactured and assembled that Licenser supports,
      supervises, trains and certifies as required in §2.6 (which are exempt
      from the royalty payment requirements) Licensee shall pay additional
      royalties as follows:

              

      

       

      
        	
                 
      

              	
                a.

              	
                €25,000.00
      for the first 40 FL 2500 units of Licensed Product erected,
      and

              

      

       

      
        	
                 
      

              	
                b.

              	
                €10,000.00
      for the next 100 FL 2500 units of Licensed Product erected
      thereafter.

              

      

       

      Payments
shall be made within thirty (30) days following erection of each unit of
Licensed Product in the Territory sold by Licensee.  Erection here
means finished mounting of nacelle including rotor on tower.

       

      
        	
                5.

              	
                The
      total amount of royalties paid each year shall not be less
      than:

              

      

       

      
        	
                 
      

              	
                a.

              	
                €250,000.00
      EURO for the third year (and to be paid 1 month after this third year)
      commencing after the first three exempt units are assembled and
      sold;

              

      

       

      
        	
                 
      

              	
                b.

              	
                €500,000.00
      EURO for the fourth year (and to be paid 1 month after this fourth
      year);

              

      

       

      
        	
                 
      

              	
                c.

              	
                €650,000.00
      EURO for the fifth year(and to be paid 1 month after this fifth
      year);

              

      

       

      
        	
                 
      

              	
                d.

              	
                €600,000.00
      EURO for the sixth year(and to be paid 1 month after this sixth year);
      even in case the targets of each year are not
  reached.

              

      

       

      
        	
                 
      

              	
                e.

              	
                After this, the Licensee will
      not pay any transfer fee or royalties to the
    Licenser.

              

      

       

      The
foregoing payments establish an aggregate value of this agreement of €
10,000,000 (€ 4.5 million value of license and another € 5.5 million over time –
ignoring the time value of money - with license fees for maintaining the license
and covering continuously improvements of technology and
documentation).

       

      
        
          	
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                6.

              	
                Licensee
      shall keep separate records relating to the manufacture and sale of units
      of Licensed Product for each state and province of the
      Territory.  The Licensee shall report in writing to Licenser,
      broken down for each respective state and province of the territory,
      quarterly within 30 days after the end of a calendar quarter, how many
      units of Licensed Product have been sold and what turnover was made by the
      Licensee in the respective state and province of the
      Territory.  Licenser shall be entitled through its internal or
      external certified public accountants to inspect at Licenser's expense the
      books of account and other records, during reasonable business hours
      without prior notice.  The Licenser and/or its certified public
      accounts will undertake their best efforts to minimize the interference of
      the normal operations of the Licensee, during their approach to determine
      the accuracy of the reporting and payments made by the
      Licensee.  In case that any inaccuracies are discovered during
      such audit the Licensee is obliged to fully take over the auditing costs
      of the Licenser.  Additionally if any discrepancy is discovered
      regarding the number of units of Licensed Product actually sold and the
      number of units of Licensed Product sold reported to the Licenser,
      Licensee shall promptly pay any unpaid royalties in accordance with
      §7.4.  If the number of turbines not correctly reported to
      Licenser is more than 5, it shall be considered to be a substantial breach
      of the contract in accordance with § 3 and may lead to termination of this
      Agreement at the option of Licenser without further
  notice.

              

      

       

      §
8.        TAXES

       

      
        	
                1.

              	
                The
      Licensee shall pay all taxes, duties and other fees levied in connection
      with the performance and execution of this Agreement by the government and
      administration in the Territory in accordance with the tax laws in
      effect.

              

      

       

      
        	
                2.

              	
                The
      Licenser shall pay all taxes arising out of the performance of this
      Agreement and levied on the Licenser outside the
  Territory.

              

      

       

      
        	
                3.

              	
                All
      turnover (sales) taxes, indirect taxes, duties and other fees which have
      to be paid outside Germany based on the payments (§ 7) and penalties (§
      14) shall be borne by the Licensee.

              

      

       

      §
9.        THIRD PARTY
RIGHTS

       

      If the
Licensee is alleged to infringe third party rights based directly or indirectly
on the exploitation of the Licensed Know-how, the Licensee shall immediately
inform the Licenser about this allegation.  The Licenser shall defend
the Licensee of such infringement allegations if the Licensee does not choose to
defend itself and shall indemnify the Licensee for any costs, expenses
(including reasonable attorney fees), judgments and/or other losses with respect
to such allegation except if further to any judgment, the Licenser is cleared of
any liability and liability is imposed on Licensee, in which case the Licensee
shall be responsible for any costs incurred by the Licenser to defend itself and
Licensee.  Notwithstanding the foregoing should the procedure take
place in the Territory, the Licensee shall be responsible for the complete
defense costs during the procedure:  it being understood that the
Licenser shall reimburse such costs, expenses including reasonable attorney
fees, judgments or other losses to the Licensee within 30 days if Licensee is
held liable pursuant to the judgment.

       

      §
10.      MUTUAL CONFIDENTIALITY

       

      
        	
                1.

              	
                Licenser
      and Licensee agree to keep secret and not to communicate to third parties
      the know-how or any other information, which is either marked
      confidential, or which has to be deemed confidential from the
      circumstances it is provided under or comes to the attention of the other
      party.  In general, the Licensed Know-how shall be kept
      confidential with the exception of any documents/information that are
      clear marked by the Licenser "for public use".  This does not
      restrict Licenser from entering into any contract with other Licensees
      inside or outside of the Territory.

              

      

       

      
        
          	
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                2.

              	
                This
      obligation of confidentiality does not apply to any information which the
      Licensee can prove by written documents that
it:

              

      

       

      
        	
                 
      

              	
                a.

              	
                is
      generally available to the public through no fault of the Licensee,
      or

              

      

       

      
        	
                 
      

              	
                b.

              	
                was
      received by the Licensee under no obligation of secrecy from a third party
      which did not receive it directly or indirectly from
    Licenser.

              

      

       

      
        	
                3.

              	
                Upon
      termination of this contract each party shall return to the disclosing
      party all documents, files, or other evidence or copies thereof containing
      secret information received by such
party.

              

      

       

      
        	
                4.

              	
                The
      secrecy obligation shall survive the termination of this
      contract.

              

      

       

      
        	
                5.

              	
                Licensee
      shall not challenge the ownership of Licenser as to Licensed
      Know-how.  If Licensee challenges the secret nature of such
      know-how, Licenser shall be entitled to terminate this Agreement without
      further notice.

              

      

       

      
        	
                6.

              	
                The
      Licensee acknowledges by signing this Agreement that at present the
      technical know-how included in the Licensed Know-how was not known by
      Licensee.

              

      

       

      §
11.      ASSIGNABILITY AND SUBLICENSING

       

      
        	
                1.

              	
                This
      Agreement may not be assigned by either party without the prior written
      consent of the other party nor may the know-how be sublicensed by Licensee
      without the prior written consent of
Licenser.

              

      

       

      
        	
                2.

              	
                If
      Licensee wants to set up joint ventures or to set up similar partnerships
      with regard to production and sale of the contract plant, it requires the
      prior written consent by Licenser.  The same applies for any
      production and assembly services contracted by Licensee.  For
      clarity, any companies for which prior written consent have not been
      obtained from Licenser, are not licensed by Licenser nor are they allowed
      to give sublicenses.

              

      

       

      
        	
                3.

              	
                Licensee's
      successors, assigns, designees, agents or subcontractors are subject to
      the terms and conditions of this Agreement and it shall be Licensee's
      responsibility to ensure that said successors, assigns, agents or
      subcontractors are fully informed of their obligations hereunder and set
      forth below:

              

      

       

      
        	
                 
      

              	
                a.

              	
                The
      know-how remains the property of Licenser and after termination of the
      contract between Licensee and the contracting party; the authority to use
      the Licenser Know-how is
terminated.

              

      

       

      
        	
                 
      

              	
                b.

              	
                The
      contracting party must agree to the duty of confidentiality imposed by
      this Agreement and any other applicable provisions of this Agreement,
      including the right of the Licenser at its own cost to the look at the
      business documents of Licensee that pertain to this contract by an
      auditor.

              

      

       

      
        
          	
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                4.

              	
                Neither
      this Agreement nor any right granted hereunder may be assigned, extended
      or otherwise transferred by Licensee, nor shall this Agreement or any
      rights granted hereunder inure to the benefit of any trustee in
      bankruptcy, receiver or other successor of Licensee whether by operation
      of law or otherwise, without the written consent of Licensor, and any
      assignment or transfer without such consent and approval shall be null and
      void.

              

      

       

      §
12.      TRADEMARK

       

      The
Licensee is entitled to use the Licenser's trademark in the Territory, and is
entitled to use its own trademark on the Licensed Product.  In every
case the trademark "F" should be used, even it is beside Licensee's
trademark.

       

      §
13.      TRAINING PROGRAM OF EMPLOYEES OF THE
LICENSEE

       

      For to
ensure the quality and success of the training program, an order of around 10
machines is necessary, whereas during the training program five machines are
assembled at place of licensor and five machines are assembled at place of
licensee.  The units according §2(6) are part of that
order.

       

      
        	
                1.

              	
                Upon
      request of Licensee of a minimum of 30 days and provided Licensee has paid
      the fees set forth in §7.1c, Licenser shall train a group of up to seven
      technical engineers of Licensee at Licenser's plant in Waigandshain for up
      to two weeks in order for the Licensee to operate its activities as a wind
      turbines manufacturer.  Licensee and Licenser shall designate
      responsible and qualified employees for this task.  The complete
      training fee (excluding transportation, but including board and lodging)
      is included in the total transfer fee payable in accordance with
      §7.1c.

              

      

       

      
        	
                2.

              	
                Upon
      request of Licensee of a minimum of 30 days and provided Licensee has paid
      the fees set forth in §7.1c, the Licenser shall train a group of up to
      seven employees of the Licensee on the Licensed Product, the Licensed
      Know-how, assembly, test run, maintenance and dispatcher works at the
      Licenser's plant in Waigandshain for four weeks.  The complete
      training fee (excluding transportation, but including board and lodging)
      for the training at the Licenser's plant is included in the total transfer
      fee payable in accordance with §
7.1(c).

              

      

       

      
        	
                3.

              	
                Upon
      request of the Licensee of a minimum of 30 days, and provided Licensee has
      paid the fees set forth in §7.3 the Licenser shall supervise the
      assembling of five turbines at the Licensee's plant, at the option of the
      Licensee, for up to four weeks (two supervisors) to ensure, that trained
      people are qualified in a sufficient manner to assemble wind turbines
      under own responsibility.  Licensee and Licenser shall designate
      responsible and qualified employees for this
  task.

              

      

       

      
        	
                4.

              	
                Should
      Licensee require additional training, Licenser shall provide such
      additional training to Licensee upon reasonable request (reaction time
      minimum of 30 days) by qualified employees of Licenser.  The
      Licensee shall pay the Licenser's costs associated with such additional
      training (A minimum of 2.000,00
  Euros/person/week).

              

      

       

      
        
          	
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                5.

              	
                Licenser
      shall certify the qualified engineers, who are trained by Licenser, on the
      Licensed Product.

              

      

       

      
        	
                6.

              	
                If
      required, Licenser shall attend, on an expedited basis, at Licensee's
      plant or Licensee's customer's site, to debug any special failure up to
      five times after the Date of validity.  Each time should be for
      a period necessary to solve the special failure but not longer than 1
      month.  The relating costs are not included in the total
      consideration transfer fee paid pursuant to § 7.1 and shall be borne by
      the Licensee, except if such special failure is due to the Licensed
      Know-how.

              

      

       

      §
14.      PENALTY FOR BREACH OF
CONTRACT

       

      
        	
                1.

              	
                Licensee
      is obliged to indemnify Licenser for only actual damage, which Licenser
      incurs as a result of a violation of this Agreement by
      Licensee.  Licensee is not obliged to reimburse Licenser for
      special, indirect, consequential or incidental damages – except violation
      according §11.4 and/or §3.1j of this agreement.  In case §11.4
      and/or §3.1j is violated, liquidated damages of the aggregated value of
      this agreement, as outlined in §7.5 are payable by licensee within one
      month after evidence of breach of this
  agreement.

              

      

       

      
        	
                2.

              	
                If
      Licenser breaches the provisions of this Agreement, Licenser shall bear
      the corresponding obligations for such
breach.

              

      

       

      
        	
                3.

              	
                The
      Licensee is liable for breaches of contract caused by the actions of its
      employees, agents, subcontractors, vendors and/or
    suppliers.

              

      

       

      §
15.      FORCE MAJEURE

       

      Neither
Licenser or Licensee shall be liable to the other for any delay or failure to
perform the terms of this Agreement caused by acts beyond either party's
reasonable control including without limitation acts of God, war, vandalism,
epidemic, sabotage, accidents, fires, floods, strikes, labor disputes,
mechanical breakdown, shortages or delays in obtaining suitable parts or
equipment, material, labor, or transportation, acts of subcontractors,
interruption of utility services, acts of any unit of government or governmental
agency, or any similar or dissimilar cause.  Action or accident of
Force Majeure includes flood, typhoon, earthquake, fire and other natural
calamity, war, rebellion, insurrection, epidemic, etc.  If either
party experiences an effective Force Majeure accident, it should promptly notify
the other party, in any event within thirty (30) days, to describe the Force
Majeure and prove that the failure to fulfill the obligation is caused by the
Force Majeure entirely or partly.  These documents of description
should be provided by a notarized affidavit.  After sending the notice
of Force Majeure, the obligation of the party who puts forward the Force Majeure
can be deferred.  This deferment only applies to the effect caused by
the Force Majeure in the area influenced by the Force Majeure in the Force
Majeure happening period.  This party should spare no efforts to
perform its obligation to decrease the damage of the other party.  If
the Force Majeure happening period is more than one hundred and twenty (120)
days, negotiation between both parties should be carried out according to the
influential extent to this contract by the Force Majeure to determine whether
this contract should be dissolved or whether the party who puts forward the
Force Majeure should be relieved from obligation of this contract partly, or
whether the party who puts forward the Force Majeure should need to delay the
performance of this contract.

       

      
        
          	
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    §
16.      SEVERABILITY

     

    Should
any provision of this contract be or become invalid, ineffective or
unenforceable, the remaining provisions of this contract shall be
valid.  The Parties agree to replace the invalid, ineffective or
unenforceable provision by a valid, effective and enforceable provision, which
economically best meets the intention of the Parties.  The same shall
apply in case of an omission.

     

    §
17.      ENTIRE CONTRACT

     

    
      	
              1.

            	
              This
      Agreement contains the entire agreement between the Parties and any
      changes of this Agreement must be made in
  writing.

            

    

     

    
      	
              2.

            	
              This
      Agreement has been made in the English language and has been executed in 3
      additional copies (4 in total).  Although this Agreement may be
      translated into German, the parties agree that the English version shall
      govern.

            

    

     

    
      	
              3.

            	
              Any
      disputes should be settled through the amicable negotiation between the
      parties.

            

    

     

    §
18.      APPLICABLE LAW AND PLACE OF
JURISDICTION

     

    
      	
              1.

            	
              The
      contractual relationship between the parties shall be governed and
      construed in accordance with the laws of Germany, with the exception of
      all wage and labor laws of Germany.  Place of jurisdiction is
      Germany.

            

    

     

    
      	
              2.

            	
              All
      disputes between the parties shall be first settled by mediation, and only
      in the case mediation doesn't solve the dispute, such dispute shall be
      finally settled by way of arbitration (by a tribunal consisting of three
      arbitrators) held in Frankfurt, Germany.  If Licensee initiates
      the arbitration, the case will be heard in Frankfurt, Germany; if Licenser
      initiates the arbitration, it will be conducted in Beijing, VR
      CHINA.  The purpose of this would be to encourage settlement of
      disputes outside of the courts.  Any arbitration shall be
      conducted in the German and English language and in accordance with the
      ICC (International Chamber of Commerce, 38 cours Albert 1er, 75008
      Paris-France) Rules of Arbitration in force as from 1 January 1998 (cost
      scales effective as of 1 July
2003).

            

    

     

    
      	
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      Frankfurt/Main,
GERMANY, 2007, May 23rd

    

     

    
      
        
          	
                  GAOKE
      By

                	 
      	
                  Fuhrländer
      AG

                
	 
      	 
      	 
      	 
      	 
      
	
                  By

                	
                  /s/ Wang
      Yunbo

                	 
      	
                  By

                	
                  /s/ Volker Weiss

                
	
                  Licensee

                	 
      	
                  Licenser

                
	 
      	 
      	 
      
	
                  Name:  Mr. Wang
      Yunbo

                  Position:  Vice-President

                	 
      	
                  Name:  Dr. -Ing. Volker
      Weiß

                  Position:  Vice-President

                
	 	 	 
	
                  ANNEX
      1:  List of Documents

                  ANNEX
      2:  Provinces with Particular Rights

                  ANNEX
      3:  Definitions

                  ANNEX
      4:  Side Letter, 2007, May 23rd

                	 
      	 
      

        

      

    

     

    
      
        	
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                List
      of documents

              	
                Annex
      1

              

      

    

     

    A product and data structure
will be transferred.  The turbine is structured into systems,
subsystems and components.

     

    The
coding of documents, the file storage and the signal identification are handled
by a standard code according to the W2E system structure.

     

    An
overall part list (configurator) will be
transferred.  It includes all systems, subsystems and
components.

     

    Single
components are listed if they are relevant as spare parts.  Actual
part list of a turbine can be generated with the configurator.

     

    A guideline will be
transferred.

     

    This
guideline describes the design, coding, storage, distribution, audit and
archiving of documents.

     

    The coding is oriented at the
systems of the turbine.  The code includes the information about the
project, component, variant, document character, subject area, author,
sequential number, revision and language.

     

    1
Concepts and general

    
      	
              ·

            	
              General
      Descriptions of FL2500-80, FL2500-90,
FL2500-100

            

    

    
      	
              ·

            	
              Operating
      system and safety concept

            

    

    
      	
              ·

            	
              Danger
      analysis and safety category according to the machine
      directive

            

    

    
      	
              ·

            	
              Load-minimised
      and event-controlled safety system according to category
  3

            

    

    
      	
              ·

            	
              Operating
      system concept

            

    

    
      	
              ·

            	
              Lightning
      protection, EMC, grounding concept

            

    

    
      	
              ·

            	
              Communication
      (interfaces, Ethernet, field bus, addresses,
      telecommunication)

            

    

    
      	
              ·

            	
              Power
      curves

            

    

    
      	
              ·

            	
              Electric
      equipment and protection

            

    

     

    2
Manuals

    
      	
              ·

            	
              Assembling
      manual

            

    

    
      	
              ·

            	
              Erection
      manual

            

    

    
      	
              ·

            	
              Commissioning
      manual

            

    

    
      	
              ·

            	
              Service
      manual

            

    

    
      	
              ·

            	
              Instruction
      manual incl. operating instruction

            

    

    
      	
              ·

            	
              Manual
      of the operating system

            

    

     

    3
Results of measurements

    
      	
              ·

            	
              Electrical
      qualities

            

    

    
      	
              ·

            	
              Noise

            

    

    
      	
              ·

            	
              Power
      curve

            

    

    
      	
              ·

            	
              Loads

            

    

     

    
      
        	
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    4
Purchaser technical specifications and data sheets

    Purchaser
technical specifications (PTSP) are used for complex systems.  In case
of subsystems or components data sheets are applied.

    
      	
              ·

            	
              PTSP

            

    

    
      	
              ·

            	
              Energy
      Transformation System (ETS)

            

    

    
      	
              ·

            	
              Pitch
      System

            

    

    
      	
              ·

            	
              Data
      sheets, e.g.

            

    

    
      	
              ·

            	
              Rotor
      blades

            

    

    
      	
              ·

            	
              Main
      bearing

            

    

    
      	
              ·

            	
              Shaft
      coupling - Gearbox

            

    

    
      	
              ·

            	
              Parts
      of ETS

            

    

    
      	
              ·

            	
              Generator

            

    

    
      	
              ·

            	
              Inverter

            

    

    
      	
              ·

            	
              Transformer

            

    

    
      	
              ·

            	
              Low
      Voltage Unit

            

    

    
      	
              ·

            	
              Yaw
      system

            

    

    
      	
              ·

            	
              Parts
      of Pitch System

            

    

    
      	
              ·

            	
              Backup

            

    

    
      	
              ·

            	
              Pitch
      Converter

            

    

    
      	
              ·

            	
              Power
      Supply AC DC

            

    

    W2E-made
documents and Supplier's data sheets are coded and archived.

     

    5
Constructions

    All
systems, subsystems and components are described by documents which are needed
for purchase, assembly, transport, erection, commissioning, operation and
service.  The documentation consists of part lists, drawings,
calculations, data sheets, manuals, circuit diagrams.

     

    5.1
Constructions of machine parts

    
      	
              ·

            	
              Machine
      frame incl. generator support

            

    

    
      	
              ·

            	
              Rotor
      hub

            

    

    
      	
              ·

            	
              Shaft
      coupling incl. connection elements

            

    

    
      	
              ·

            	
              Hatch
      cover and other covers related to the rotor
hub

            

    

    
      	
              ·

            	
              Nacelle
      housing and fastening parts

            

    

    
      	
              ·

            	
              Hub
      spinner and fastening parts

            

    

    
      	
              ·

            	
              Support
      for sensors and position switches inside of the rotor
  hub

            

    

    
      	
              ·

            	
              Fastening
      parts, brackets and cable support of the Pitch
  System

            

    

    
      	
              ·

            	
              Cable
      support between rotor hub and
nacelle

            

    

    
      	
              ·

            	
              Fastening
      parts for slip ring

            

    

    
      	
              ·

            	
              Fastening
      parts for lubrication pinion, tubes and pumps of Pitch
    System

            

    

    
      	
              ·

            	
              Yaw
      system incl. wind sensors

            

    

    
      	
              ·

            	
              Fastening
      parts for sensors and position switches inside of the
    nacelle

            

    

    
      	
              ·

            	
              Fastening
      parts for lubrication pinion, tubes and pumps of yaw system, generator
      bearings

            

    

    
      	
              ·

            	
              Mount
      for yaw sensor

            

    

     

    
      
        	
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    5.2
Detail construction

    
      	
              ·

            	
              Protection
      equipment

            

    

    
      	
              ·

            	
              Nacelle
      housing attachment parts (railing, wind sensor support, covers, and
      fittings)

            

    

    
      	
              ·

            	
              Climbing
      accessories, access accessories for
nacelle

            

    

    
      	
              ·

            	
              Cable
      guides

            

    

    
      	
              ·

            	
              Slew
      rings and bearings

            

    

    
      	
              ·

            	
              Generator
      coupling

            

    

    
      	
              ·

            	
              Rotor
      bearing incl. lubrication, filtration and
piping

            

    

    
      	
              ·

            	
              Cooling
      system for Generator incl. piping, heat exchanger and
  pumps

            

    

    
      	
              ·

            	
              Cooling
      system for Gearbox incl. piping, heat exchanger and
  pumps

            

    

    
      	
              ·

            	
              Cooling
      system for Inverter incl. piping, heat exchanger and
  pumps

            

    

    
      	
              ·

            	
              Hydraulic-operated
      rotor lock

            

    

    
      	
              ·

            	
              Plug
      & Play cable confections

            

    

    
      	
              ·

            	
              Tools
      and separate lifting accessories for assembling and
    erection

            

    

     

    5.3
Circuit diagrams

    
      	
              ·

            	
              Low
      Voltage Unit incl. of all sensors and actuators - Terminal
    Box

            

    

    
      	
              ·

            	
              Inverter

            

    

    
      	
              ·

            	
              Pitch
      System

            

    

     

    6
Purchases

    
      	
              ·

            	
              Configurator
      (overall part list incl. of all
variants)

            

    

     

    7
Final customers

    
      	
              ·

            	
              Operating
      instruction

            

    

    
      	
              ·

            	
              Software
      for visualisation

            

    

     

    8
Marketing

    A
planning file folder for the support of the marketing and sales department is
being created which contains documents with information for electrical
utilities, developers and government authorities.  The file folder
will, among other documents, contain:

    
      	
              ·

            	
              Power
      curves, annual energy production
calculation

            

    

    
      	
              ·

            	
              Electrical
      data regarding grid interconnection

            

    

    
      	
              ·

            	
              Lightning
      protection, EMC, grounding

            

    

    
      	
              ·

            	
              Occupational
      safety and fire protection

            

    

    
      	
              ·

            	
              Water
      hazard materials

            

    

    
      	
              ·

            	
              Transport
      logistics

            

    

    
      	
              ·

            	
              Erection
      logistics

            

    

    
      	
              ·

            	
              Obstruction
      lighting national / international

            

    

    
      	
              ·

            	
              Safety
      data sheets of lubricants and
coolants

            

    

     

    9
Training

    
      	
              ·

            	
              Trainee
      programs for assembly, erection and service by
  FL

            

    

    
      	
              ·

            	
              Support
      for assembly, erection and tests

            

    

    
      	
              ·

            	
              Documents
      by W2E

            

    

    

    
      
        	
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              ·

            	
              Practice
      by FL

            

    

     

    10
Others

    
      	
              ·

            	
              Other
      support as well as construction of tools for assembly, erection or test
      equipment via separate contracts

            

    

     

    11
Changes

    The
technical descriptions and data presented above are subject to possible changes
and do not represent guarantees or binding obligations for the
manufacturer.  The manufacturer assumes liability for technical
parameters, etc. only on the basis of explicit terms agreed upon in
contracts.

     

    
      
        	
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                Page
      18 of 23

              

      

    

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    Confidential
FLAG – license FL2500-07 05 23

     

    
      
        	
                Territory

              	
                Annex
      2

              

      

    

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              	
                                                      No

                                                    	 
      	
                                                      Province, municipality, autonomous region

                                                    	 
      	
                                                      Rights

                                                    
	
                                                      1

                                                    	 
      	
                                                      Anhui

                                                    	 
      	
                                                      NESSCL-PR,
      CM

                                                    
	
                                                      2

                                                    	 
      	
                                                         
      

                                                    	 
      	
                                                        

                                                    
	
                                                      3

                                                    	 
      	
                                                      Gansu

                                                    	 
      	
                                                      NESSCL-PR,
      CM

                                                    
	
                                                      4

                                                    	 
      	
                                                       

                                                    	 
      	
                                                       

                                                    
	
                                                      5

                                                    	 
      	
                                                      Guizhou

                                                    	 
      	
                                                      NESSCL-PR,
      CM

                                                    
	
                                                      6

                                                    	 
      	
                                                       

                                                    	 
      	
                                                       

                                                    
	
                                                      7

                                                    	 
      	
                                                      Hebei

                                                    	 
      	
                                                      ESR

                                                    
	
                                                      8

                                                    	 
      	
                                                       
    

                                                    	 
      	
                                                       

                                                    
	
                                                      9

                                                    	 
      	
                                                      Henan

                                                    	 
      	
                                                      NESSCL-PR,
      CM

                                                    
	
                                                      10

                                                    	 
      	
                                                       

                                                    	 
      	
                                                       

                                                    
	
                                                      11

                                                    	 
      	
                                                      Hunan

                                                    	 
      	
                                                      NESSCL-PR,
      CM

                                                    
	
                                                      12

                                                    	 
      	
                                                       

                                                    	 
      	
                                                       

                                                    
	
                                                      13

                                                    	 
      	
                                                      Jiangxi

                                                    	 
      	
                                                      NESSCL-PR,
      CM

                                                    
	
                                                      14

                                                    	 
      	
                                                       

                                                    	 
      	
                                                       

                                                    
	
                                                      15

                                                    	 
      	
                                                      Liaoning

                                                    	 
      	
                                                      ESR

                                                    
	
                                                      16

                                                    	 
      	
                                                       

                                                    	 
      	
                                                       

                                                    
	
                                                      17

                                                    	 
      	
                                                      Shaanxi

                                                    	 
      	
                                                      NESSCL-PR,
      CM

                                                    
	
                                                      18

                                                    	 
      	
                                                       

                                                    	 
      	
                                                       

                                                    
	
                                                      19

                                                    	 
      	
                                                      Shanxi

                                                    	 
      	
                                                      NESSCL-PR,
      CM

                                                    
	
                                                      20

                                                    	 
      	
                                                       

                                                    	 
      	
                                                       

                                                    
	
                                                      21

                                                    	 
      	
                                                      Yunnan

                                                    	 
      	
                                                      NESSCL-PR,
      CM

                                                    
	
                                                      22

                                                    	 
      	
                                                       

                                                    	 
      	
                                                       

                                                    
	
                                                      A

                                                    	 
      	
                                                      Guangxi

                                                    	 
      	
                                                      NSROOP

                                                    
	
                                                      B

                                                    	 
      	
                                                       

                                                    	 
      	
                                                       

                                                    
	
                                                      C

                                                    	 
      	
                                                      Ningxia

                                                    	 
      	
                                                      NSROOP

                                                    
	
                                                      D

                                                    	 
      	
                                                       

                                                    	 
      	
                                                       

                                                    
	
                                                      E

                                                    	 
      	
                                                      Tibet*

                                                    	 
      	
                                                      NSROOP

                                                    
	
                                                      a

                                                    	 
      	
                                                       

                                                    	 
      	
                                                       

                                                    
	
                                                      b

                                                    	 
      	
                                                      Chongging

                                                    	 
      	
                                                      NSROOP

                                                    
	
                                                      c

                                                    	 
      	
                                                       

                                                    	 
      	
                                                       

                                                    
	
                                                      d

                                                    	 
      	
                                                      Tianjin

                                                    	 
      	
                                                      NSROOP

                                                    
	
                                                      Aa

                                                    	 
      	
                                                       

                                                    	 
      	
                                                       

                                                    
	
                                                      Ab

                                                    	
                                                        

                                                    	
                                                      Macao

                                                    	
                                                        

                                                    	
                                                      NSROOP

                                                    

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    

    
      	
              ESR:

            	
              Exclusive
      Selling Right, includes CM

            

    

    
      	
              NESSCL-PR:

            	
              Non-Exclusive
      Selling Right in strong coordination with Licensor.  This Right
      will be terminated within 6 month after Licensor realizes a cooperation
      with another Partner in this particular Province *).  Within
      a period of those 6 months, the Licensee has the Non-Exclusive Selling
      Right as Provisional Right (PR).  After this period a special
      agreement required from the Licensor and its other partner is
      indispensable to avoid immediately termination of all Rights of Licensee
      in this Province *).

            

    

    

    
      
        	
                License
      Contract Gaoke 23052007

              	
                Page
      19 of 23

              

      

    

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    Confidential
FLAG – license FL2500-07 05 23

    

    
      	
              CM:

            	
              Components
      Manufacturing Right in coordination with the Licensor.  That
      means manufacturing of single Components like generator, gearbox,
      mainframe or similar, but not manufacturing of complete wind energy
      converters or manufacturing or assembling of complete
      Nacelles.

            

    

    
      	
              NSROOP:

            	
              There
      is no!  Selling Right in this Province*).  Only
      in case Licensee adduces, that he has a special project in proprietary
      possession, Licensor can give a singular concession to deliver FL 2500
      series Wind Turbines.  It is not even allowed to make offers for
      this Province*)!

            

    

    
      	
               
      

            	
              *)
      Province here also means municipality or autonomous region if this
      applies

            

    

     

    
      
        	
                License
      Contract Gaoke 23052007

              	
                Page
      20 of 23

              

      

    

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    Confidential
FLAG – license FL2500-07 05 23

     

    
      
        	
                Definitions

              	
                Annex
      3

              

      

    

     

    Capitalized
terms not otherwise defined in the body of the Agreement shall have the meanings
set forth below.

     

    "Licenser" is
Fuhrländer AG and has the meaning set forth in the preamble to this
Agreement.

     

    "Licensee" is LIAONING
GAOKE ENERGY GROUP, controlled by                     
or a wholly controlled AFFILIATE, as defined below, of
LICENSEE.  LICENSEE has the responsibility to safeguard intellectual
property relating to wind turbines manufactured and sold by the LICENSEE
including the rights of intellectual property of third parties.

     

    "Affiliate" means any
corporation, partnership, joint venture, limited liability company, or other
entity or Person which directly or indirectly controls, is controlled by, or is
under common control with LICENSOR or LICENSEE, respectively, or any of their
respective Affiliates on the Effective Date of this Agreement or at any time
during the Term of this Agreement, but only for so long as such relationship
exists.  As used herein, the term "control" shall mean the ability to
direct the business of a company and shall be presumed in the case of ownership,
directly or indirectly, of shares of stock (in general having more than fifty
percent (50%) of the voting power) entitled to vote for the election of
directors in the case of a corporation, and the ability of direct the business
(in general more than fifty percent (50%) of the voting power) and interest in
profits in the case of a business entity other than a corporation.

     

    "Competitor" means
manufacturer of wind turbines, such as – but not limited to - Vestas, Gamesa,
General Electric, Suzlon, Nordex, Repower, Enercon.

     

    "Licensed Product" has
the meaning set forth in the preamble to this Agreement.

     

    "Agreement" means this
Know-How License – FL2500 agreement, as it may be amended or supplemented from
time to time in accordance with its terms.

     

    "Licensed Know-how"
has the meaning set forth in §1 of this Agreement.

     

    "Territory" has the
meaning set forth in §1 and Annex 2 of this Agreement.

     

    "Licensed Material"
has the meaning set forth in §2 and Annex 1 of this Agreement.

     

    "Date Of Validity" is
date of signature and has the meaning set forth in §3 of this
Agreement.

     

    "Date Of Execution" is
date of completed financing and has the meaning set forth in §3 of this
Agreement.

     

    "Taxes" has the
meaning set forth in §8 of this Agreement.

     

    "Trademark" has the
meaning set forth in §12 of this Agreement.

     

    "Force Majeure" has
the meaning set forth in §15 of this Agreement.

     

    
      
        	
                License
      Contract Gaoke 23052007

              	
                Page
      21 of 23

              

      

    

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    Confidential
FLAG – license FL2500-07 05 23

     

    "ESR" has the meaning
"Exclusive Selling Right", includes Component Manufacturing Right as set forth
in Annex 2 of this Agreement.

     

    "NESSCL-PR" has the
meaning "Non-Exclusive Selling Right in strong coordination with Licensor" and
is set forth in Annex 2 of this Agreement.

     

    "CM" has the meaning
"Components Manufacturing Right" and is set forth in Annex 2 of this
Agreement.

     

    "NSROOP" has the
meaning "No Selling Rights Or Offering in this Province" and is set forth in
Annex 2 of this Agreement.

     

    
      
        	
                License
      Contract Gaoke 23052007

              	
                Page
      22 of 23

              

      

    

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    Confidential
FLAG – license FL2500-07 05 23

     

    Annex
4

     

    Side
Letter to this Know How License Agreement

     

    For more
detailed schedule and in order to clarify some details out of the Know How
License Agreement both parties also agree in the regulations according this Side
Letter:

     

    
      	
              1.

            	
              The
      original Version of this Contract which was signed by Mr. Lv and Mr. Wang (GAOKE) on
      11. April 2007 and by Mr. Fuhrländer and Mr. Weiss on
      11. May 2007 remain valid in general, only this Side Letter is
      added and the earlier dates are
changed.

            

    

     

    
      	
              2.

            	
              The
      date of 23rd
      May 2007 is the official signing date and the "Date of Validity" according
      §3.

            

    

     

    
      	
              3.

            	
              According
      to this, the parties agree, that the first net payment (§7.1.a) shall be
      paid until 22nd
      of June 2007.

            

    

     

    
      	
              4.

            	
              The
      parties declare, that the regulation of §3.1.c, §3.1.d and § 7.6 only
      remains valid, until the aggregate value of the license agreement of
      10.000.000,- EURO is paid to
Fuhrländer.

            

    

     

    
      	
              5.

            	
              The
      parties declare that the use of the brand name Fuhrländer is free of
      charge.

            

    

     

    
      	
              6.

            	
              Fuhrländer
      shall give written notice (FAX or scanned letter) of each payment two
      weeks in advance to the terms of
payment.

            

    

     

    
      	
              7.

            	
              With
      handing over documentation to GAOKE Fuhrländer shall start assisting GAOKE
      with proposals for layout of assembling line, office and other facilities
      as well as to assist in identifying qualification of staff needed at GAOKE
      to start in the wind business.

            

    

     

    
      	
              8.

            	
              GAOKE
      announces and Fuhrländer understand, that GAOKE meanwhile changed its name
      and the new name is

            

    

     

    Liaoning
Hi-Tech Energy Group Co. Ltd.

     

    Waigandshain,
23rd May 2007

     

    
      
        
          	
                     

                	 
      	
                    

                
	 
      	 
      	 
      
	
                  Mr.
      Wang Yunbo,

                  Vice
      President

                  (on
      behalf of GAOKE)

                  (on
      behalf of Liaoning Hi-Tech

                  Energy
      Group Co. Ltd.)

                	 
      	
                  Dr.-Ing.
      Volker Weiss,

                  Vice
      President

                  (on
      behalf of Fuhrländer
AG)

                

        

      

    

     

    
      
        	
                License
      Contract Gaoke 23052007

              	
                Page
      23 of 23Unassociated Document

     

    KNOW-HOW
LICENSE - FL2700

     

    USE
AGREEMENT

     

    entered
into this day,                  
day of                  

    by and
among

     

    LIAONING
GAOKE ENERGY GROUP

     

    (GAOKE)

    located
at

    No.64
Huanghai Road Yuhong District Shenyang City, CHINA,

    Represented
by President Lü
Jinxiang

     

    And

     

    Fuhrländer
AG

     

    (Fuhrländer)

    located
at

    Auf der
Höhe 4. D56477 Waigandshain, Germany

     

    And

     

    SHENYANG
LUCKY WIND POWER EQUIPMENTS

    CO.,
LTD

     

    (LUCKY
WIND POWER)

    located
at

    No.22
Century Road Hunnan New District Shenyang City, CHINA

    Represented
by President Wang
Yunbo

     

    page 1 /
2

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    In view
of KNOW-HOW LICENSE –
FL2700 signed in May 23rd, 2007
at Frankfurt, Germany between LIAONING GAOKE ENERGY GROUP
and Fuhrländer AG and in
view that SHENYANG LUCKY WIND
POWER EQUIPMENTS CO., LTD. is the actual Know-How user and has built up a
wind turbine generation system facility for it.  In this respect,
LIAONING GAOKE ENERGY
GROUP and Fuhrländer
AG both agree to transfer this Know-How to SHENYANG LUCKY WIND POWER EQUIPMENTS
CO., LTD. free of charge.  SHENYANG LUCKY WIND POWER EQUIPMENTS
CO., LTD. promises to perform all the responsibilities and obligations of
LIAONING GAOKE ENERGY
GROUP stipulated in the KNOW-HOW LICENSE - FL2500,
including but not limited to all the frame contracts, agreements, letters of
intent and contracts concerning all the documentation of wind turbine generation
system, which were signed by LIAONING GAOKE ENERGY GROUP
and Fuhrländer AG, all
the frame contracts, agreements, letters of intent and contracts concerning all
the documentation of wind turbine generation system, which will be signed by
LIAONING GAOKE ENERGY
GROUP, Fuhrländer
AG and SHENYANG LUCKY
WIND POWER EQUIPMENTS CO., LTD. together and all the frame contracts,
agreements, letters of intent and contracts concerning all the documentation of
wind turbine generation system, which will be signed by any two companies among
LIAONING GAOKE ENERGY
GROUP, Fuhrländer
AG and SHENYANG LUCKY
WIND POWER EQUIPMENTS CO., LTD.

     

    
      
        
          
            
              
                
                  
                    
                      
                        
                          	
                                  Shenyang,
      PR-CHINA, 2009-01-12

                                	 
      	
                                  Waigandshain;
      Germany, 2009-01-12

                                
	 
      	 
      	 
      
	
                                  GAOKE

                                	 
      	
                                  Fuhrländer
      AG

                                
	 	 	 
	
                                  By
      /s/ Lu
      Jinxiang

                                	 
      	
                                  By
      /s/ Anzhong
      Wang

                                
	 
      	 
      	 
      
	
                                  Name:
      Lu
      Jinxiang

                                	 
      	
                                  Name:
      Anzhong
      Wang

                                
	 
      	 
      	 
      
	
                                  Position:
      President

                                	 
      	
                                  Position:
      ____________________

                                
	 
      	 
      	 
      
	
                                  Shenyang,
      PR-CHINA, 2009-01-12

                                	 
      	 
      
	 	 	 
	
                                  LUCKY
      WIND POWER

                                	 
      	 
      
	 	 	 
	
                                  By
      /s/ Wang
      Yunbo

                                	 
      	 
      
	 	 	 
	
                                  Name:
      Wang
      Yunbo

                                	 
      	 
      
	 	 	 
	
                                  Position:
      General Manager

                                	
                                    

                                	 
      

                        

                      

                    

                  

                

              

            

          

        

      

    

     

    page 2
/ 2

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