Document:

Exhibit
10.12

      (English
Translation)

      

      China
Huaneng

      
 

      Huaneng
Tongliao Distributed Access Wind Power Generation Project

      

      Wind
Turbine Tower Cylinder Purchase Contract

      

      Contract
Index: HN_C_NMG/FB_WZ/TT_002

      

      Buyer: Huaneng Tongliao Wind Power
Generation Co. Ltd.

      

      Seller:  Liaoning Creative
Wind Power Equipment Co. Ltd.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Part
I           General Terms
and Conditions

      

      In accordance with the Contract Law of
the People’s Republic of China, Huaneng Tongliao Wind Power
Generation Co. Ltd (the Buyer), through the public bidding process,
confirms to purchase Distributed Access Wind Turbine Tower Cylinder from Liaoning Creative Wind Power
Equipment Co., Ltd. (the Seller). In order to define the right and
obligation, assist the mutual cooperation and assure the completion of this
project, both parties, having negotiated, enter this contract.

      

      1  
           Subject of
Contract

      

      1.1           The
scope of supply in this contract should include but is not limited to the Wind
Turbine Tower Cylinder, internal decoration, spare parts, boosting device,
anti-falling system, specialized tool, technical information, loading, unloading
and transit.

      Any item
omitted from the supply list, which should have been included in the scope of
the supply and is necessary to satisfy the requirement of the Technology
Agreement warranting the performance of the contracted equipment, should be
supplied by the Seller without giving rise to any cost and expense.

      

      1.2           The
usable life of Wind Turbine Tower Cylinder should exceed 20 years.

      

      2   
          Contract Price and
Documentation

      

      2.1           This
contract price is the contract price in total: Renminbi 9,189,250.00 Yuan even
(In Capital: Nine Million One Hundred Eighty-Nine Thousand Two Hundred and Fifty
Even), and shall cover all the cost, expense and tax including but is not
limited to equipment and parts, insurance, tax payable by the Seller, packing,
transit (including the towing and shipping), technical support, specification
(including the transmittal of any information by mail pertaining to the wind
turbine tower cylinder testing, inspecting, manufacturing and as-built drawing),
design contact and the superintendent.

      

      2.2           This
Price is covering the cost and expense incurred through transit to the
installation project site designated by the Buyer.

      

      2.3           This
contract price in total is the unit price nonnegotiable within the contract
term.  The actual contract price in total will be determined by the
actual quantity of Wind Turbine Tower Cylinder purchased.

      

      2.4           The
following documents constitute the agreements made by and between the Buyer and
the Seller, with each read and understood as integrated part of this contract.
Where any ambiguity or conflict between the documents arises, the clarifying
explanation priority should follow the consecutive sequence of the documents as
below.

      

       
(1)           Supplemental
agreement or memorandum signed by both parties subsequent to this
Contract;

      

       
(2)           This
contract and its appendixes;

      

       
(3)           Bid winning
notice;

      

       
(4)           Bidding
invitation and the clarifications by the Buyer;

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       
(5)           Bidding
offer and the clarification by the Seller;

      

      
         
(6)           Drawings
and technical information provided by the Seller during the
contract

      

      

      2.5           Technology
Agreement will be entered and signed as the appendix to this contract by the
project companies.

      

      3       
      Payment

      

      3.1           All
the payment under this contract shall be made in the Chinese
Renminbi.

      

      3.2           Method
of payment: bank wire transfer or draft.

      

      3.3           Partial
payment shall be paid in the following ratio 1:2:1:3:2:1.

      

      3.3.1        Advanced
Payment: In three months prior to the first delivery, the Buyer shall pay 10% of
the contract price, as the Advanced Payment, to the Seller within 30 business
day after the Buyer is in receipt and review of an unconditional and irrevocable
Performance Bond, issued by a domestic bank to guarantee the Seller’s
performance under this Wind Turbine Tower Cylinder manufacture project, and a
payment receipt by the Seller indicating 10% of the total contract
price.

      

      3.3.2        Payment
for Prepared Materials: as soon as an inspection is conducted by the Buyer or
the third party (the wind turbine manufacturer), in accordance with a technical
agreement entered by three parties, after the flange and steel ordered by the
Seller are delivered, the Buyer shall pay 20% of the contract price, as the
payment for prepared materials, to the Seller within 30 business days after the
Buyer is in receipt and review of the Seller’s flange and steel order contract,
duplicate proof of payment and a payment receipt by the Seller indicating 20% of
the contract price.

      

      3.3.3        Payment
for Ring Foundation Progress: as soon as an inspection is jointly conducted by
the Buyer, the Superintendent, the Seller, the wind turbine manufacturer, the
designer representative and the installation contractor after all the ring
foundations are delivered to the project site,  the Buyer shall pay
10% of the contract price, as the payment for progress, to the Seller within 30
business days after the Buyer is in receipt and review of the bill of landing,
supply list, insurance policy, inspection certificate and a payment receipt by
the Seller indicating 10% of the contract price.

      

      3.3.4        Payment
for Wind Turbine Tower Cylinder Progress:  as soon as each set of the
Wind Turbine Tower Cylinders are produced and delivered to the designated site,
with inspection conducted at wind turbine plant before an inspection certificate
jointly signed and issued by the Buyer, the superintendent, the Seller, the main
equipment manufacturer, the designer representative and the installation
contractor, the Buyer shall pay 30% of the contract price of the set, as the
payment for progress, to the Seller within 30 business days after the Buyer is
in receipt and review of bill of lading, supply list, insurance policy , the VAT
Invoice equivalent to 100% of contract price for this Wind Turbine Towner
Cylinder set and a payment receipt indicating 30% of the contract
price.

      

      3.3.5        As
soon as all Wind Turbine Tower Cylinders are fully and completely installed
pursuant to the contract schedule, the Buyer shall pay 20% of the contract
price, as the inspection payment, to the Seller within 30 business days after
the Buyer is in receipt and review of the inspection certificate and a payment
receipt indicating 20% of the contract price.

      

      3.3.6        The
remaining 10% of the contract price is reserved as the Retainage. As soon as the
quality warranty term expires, at the time when the Buyer confirms nonexistence
of defect and issues a certificate, the Buyer shall pay 10% of the contract
price, as the Retainage payment, to the Seller within 30 business days after the
Buyer is in receipt and review of a payment receipt by the Seller indicating 10%
of the contract price.  (If any defect is found, the Retainage should
be deducted proportionately; if any replacing or repairing of the equipment is
needed, the quality warranty term shall be computed from the day of the
satisfied replacing or repairing.)

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      3.4           The
payment date is determined by the day when the Buyer’s bank submits the
payment.

      

      3.5           In
the event of the Seller’s non-performance or non-conforming performance, with
the fault on the part of the Seller, the Seller shall be liable for the
liquidated damage, penalty and/or the damage for breach of contract, and the
Buyer is entitled to a deduction from any aforesaid payments.

      

      4        
     Delivery and Shipment

      

      4.1           Shipping
Method: ground shipping.

      

      4.2           Shipping
Destination: Distributed Access FOB project site.

      

      4.3           Designated
Recipient: Huaneng Tongliao Distributed Access Project Department

      

      4.4           Delivery
Timing: October 1, 2010 – November 20, 2010

      

      Equipment
Delivery Schedule

      

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              	
                                                      Seq. No.

                                                    	 
      	
                                                      Milestone

                                                    	 
      	
                                                      Time Frame

                                                    	 
      	
                                                      Remarks

                                                    
	
                                                      1

                                                    	 
      	
                                                      Installation
      process activated

                                                    	 
      	
                                                      Date
      of the contract signed

                                                    	 
      	 
      
	
                                                      2

                                                    	 
      	
                                                      First
      set of 4 ring foundations starting to be delivered at the designated
      site

                                                    	 
      	
                                                      October
      1, 2010

                                                    	 
      	 
      
	
                                                      3

                                                    	 
      	
                                                      Second
      set of 3 ring foundations starting to be delivered at the designated
      site

                                                    	 
      	
                                                      October
      8, 2010

                                                    	 
      	 
      
	
                                                      4

                                                    	 
      	
                                                      First
      set of 4 Wind Turbine Tower Cylinder units delivered at (each) designated
      site

                                                    	 
      	
                                                      November
      5, 2010

                                                    	 
      	 
      
	
                                                      5

                                                    	 
      	
                                                      Second
      set  of 3 Wind Turbine Tower Cylinder units delivered at (each)
      designated site

                                                    	 
      	
                                                      November
      20, 2010

                                                    	 
      	 
      
	
                                                      6

                                                    	 
      	 
      	 
      	 
      	 
      	 
      
	
                                                      7

                                                    	
                                                        

                                                    	 
      	
                                                        

                                                    	 
      	
                                                        

                                                    	 
      

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

      

      All the equipments shall be delivered
in full compliance with the delivery schedule set forth in this contract. In
order to coordinate with the field contractors, the specific delivery date will
be provided by the Buyer’s advanced notice with which the Seller shall comply;
otherwise, a written approval by the Buyer shall be obtained prior to delivery
in advance of this schedule.

      

      The Buyer shall not bear any cost and
expense incurred from the suspended supply of Wind Turbine Tower Cylinder
accumulated in the manufacture’s possession.

      

      4.5           A
written notice shall be given to the Buyer at the end of the equipment
production.  The arrival date of the equipment at the delivery
destination is the actual delivery date. On the day that the delivery is
completed and the inspection certificate is issued, the title and the risk of
loss on the Seller shall be transferred to the Buyer.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      4.6           The
Seller shall arrange the equipment shipping, at the expense of the Seller,
including the cost of freight (including miscellaneous shipping expense) and
insurance.

      

      4.7           In
order to notify the Buyer to get ready for equipment pick-up and storage, the
Seller is hereby required to furnish the bill of lading by facsimile to the
Buyer within one business day of loading.

      

      4.8           The
Seller shall take any necessary measure to wrap and tie the equipment to prevent
damage during transit. If any loss or damage occurs, the Seller shall file a
claim while immediately re-arranging the supply to keep the project on
schedule.

      

      4.9           The
roads around the delivery site: the Seller shall investigate and be familiar
with the condition of the roads around the delivery site, taking any necessary
measure to secure the transit and project progress. The Seller shall submit a
Wind Turbine Tower Cylinder shipping plan to the Buyer no later than 15 days
after the contract is signed.

      

      4.10         If
any shipment fails to reach the designated site due to the fault of the Seller’s
carrier, the extra cost and expense incurred from the re-arranging shipment
shall be borne on the Seller.

      

      4.11         If
the Seller fails to unload the cargo due to an act of god, such as hurricane or
heavy rain, the Buyer may provide assistance, with no assumption of any duty or
expense on the part of the Buyer.

      

      4.12         The
specification shall be attached to the equipment.

      

      4.13         The
Buyer will conduct monthly check-up on the Seller’s supply progress, the result
of which shall be taken into account to reset the Seller’s supply quantity.
Unless the delay to the supply is caused under the Clause 9 of this contract,
the Buyer is entitled to deduct an amount from the payment to the Seller as set
forth by this contract. In addition, a notice of warning will be given,
indicating that no action will be taken if the Seller could make up the delay in
the subsequent monthly supply; otherwise, the Buyer shall be able to modify the
supply quantity under this contract with a proportionate modification to the
contract price in total.

      

      5            
 Packing and Labeling

      

      5.1           In
order to safely deliver the supply to the project site in an un-damaged and
non-corrosion condition, the packing shall be durable for long distance shipping
and multiple loading and unloading, equipped with excellent anti-moisture,
anti-corrosion, anti-shock and anti-dirt functions.  The Seller will
be held liable for any loss or damage caused by defect packing.

      

      5.2           If
any corrosion, damage or loss to the equipment is caused by the Seller’s defect
or improper packing or insufficient protective measure, the Seller is liable for
any immediate repairing, replacing or damage.

      

      5.3           Seller
will be responsible for any on-site cleaning to the dirt on the interior or
surface of the equipment caused by the Seller’s defect or improper packing or
insufficient protective measure during the transit.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      6       
      Quality Inspection

      

      6.1           The
Seller shall completely and meticulously inspect the quality, quantity and
specification of the equipment in accordance with the technical agreements under
the contract prior to any shipping out of the factory, at the expense of the
Seller. At the same time, an inspection certificate containing specification
bearing the signature of the wind turbine supplier, the Buyer or the
Superintendent authorized by the Buyer, shall be issued.

      

      6.2           As
soon as the goods arrive at the delivery site, the Buyer will inspect the
packing, surface and the quantity of the equipment in accordance with the
technical agreements under the contract. If any non-conformance is found, the
Seller should resolve it immediately. As soon as the equipment arrives at the
installation site, the Buyer will invite the Superintendent, designer
representative, main equipment manufacturer, as well as the Seller to conduct a
joint inspection on the quality, specification and quantity. At the time of
inspection, if the Seller is not timely present, the Buyer shall be able to
proceed with the other relevant parties, the result and the record of which
shall be valid to the contracting parties and serve as admissible evidence when
the Buyer is filing a claim for damage against the Seller.

      

      6.3           At
the time of inspection, if any damage, defect, shortness or non-conformance with
the quality standard and specification as set forth in the Technology Agreement
is found, an inspection report shall record such finding, and is signed by both
parties, with each holding a copy, which shall serve as admissible evidence when
the Buyer is filing a claim for damage against the Seller.

      

      6.4           If
disagreed with the Buyer’s request for repairing, replacing and recovery as set
forth in the aforesaid clauses, the Seller shall submit a reconsideration
request to the Buyer within one week of receipt of the Buyer’s written notice;
otherwise, it is deemed that the Buyer’s request is accepted.

      

      6.5           If
disagreement to the joint inspection report has occurred between the contacting
parties, the inspection shall be assigned to a recognized inspection authority.
The wind turbine supplier shall participate to this inspection, the result of
which has the same legal effect and is binding to both parties, at the cost and
expense of the liable party.

      

      6.6           Upon
receiving the Buyer’s request for repairing, replacing and recovery in
accordance with the aforesaid clauses, the Seller should immediately repair,
replace or supply the missing part, at the cost and expense of the Seller. Any
resulting damage will be deducted by the Buyer from the Retainage or the next
payment.

      

      6.7           Any
delay caused by repairing or replacing the equipment or parts, with the fault on
the part of the Seller, shall not affect the production progress in general;
otherwise, such delay will be treated in accordance with the Clause
7.0.

      

      6.8           Any
aforesaid inspection is only referring to the inspection upon delivery and shall
not constitute an exemption to the Seller’s liability under the Clause 7
regarding the Seller’s product warranty.

      

      6.9           The
Seller should incorporate with the in-house Superintendent sent by the wind
turbine main equipment manufacturer.

      

      6.10         The
Seller’s inspection shall be conducted by experienced technical personnel who
have ever participated in any contract manufacturing Wind Turbine Tower Cylinder
with more than megawatt.

      

      7        
     Warranty and Claim

      

      7.1           The
Buyer provides the Seller with integrated manufacture drawing and specification
of the Wind Turbine Tower Cylinder made by the wind turbine manufacturer, and
the Seller shall confirm the applicability of the drawing to the manufacturing
of the projected Wind Turbine Tower Cylinder. The Seller shall strictly comply
with such drawing and standard or specification set forth in the technical
document when manufacturing the Wind Turbine Tower Cylinder. The Seller should
provide any document regarding the material purchase, manufacturing technology
and anti-corrosion coating technology to the wind turbine manufacturer for
review, and should proceed to production only if the quality measure and
technology are approved by the wind turbine manufacturer.

      

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      7.2           Within
10 days subsequent to the contract signed, the Seller should provide detailed
material preparation schedule and material source.  Each manufacturing
stage including the material purchase, cutting, tower welding (welding
technology, welding gap inspection, welding rework), tower pre-installation,
anti-corrosion coating, shipping, loading and unloading and storage, should be
in full compliance with the Wind Turbine Tower Cylinder manufacturing standard
and specification set by the wind turbine manufacturer. If any product is
disregarded or product rework is required due to the non-conformance with the
standard or rule set by the wind turbine manufacturer, the Seller will be held
liable for any damage resulting therefrom.

      

      7.3           The
height of the ring foundation supporting “W” Shape steel shall be determined by
the actual height of the wind turbine.

      

      7.4           The
brand name for the paint to the Wind Turbine Tower Cylinder is Haihong or
International. To the paint on the surface, the Seller provides the color card
and the Buyer will decide the color. The Buyer’s Logo shall be printed to the
Wind Turbine Tower Cylinder, with the font and printing provided by the Seller.
The fee and expense are included in the contract price.  The place,
height and color of the print will be determined by the Buyer.

      

      7.5           The
Seller shall produced 7 identical sets of locks for the Wind Turbine Tower
Cylinder.

      

      7.6           The
quality warranty term under this contract is 18 months starting from the day
when the installation is completed and inspected. After the quality warranty
expires, the Buyer shall issue a final inspection certificate to the Seller
within 15 days, conditioned on the full payment to the Buyer’s claim of damage
submitted within the quality warranty.

      

      7.7           During
the quality warranty term, if any defect or non-conformance to this contract
occurs, the Seller shall repair or replace within 48 hours, at it own expense.
If the Seller failed to timely repair or replace, the Buyer shall be able to
repair or replace on his own or by hiring outside contractor, at the Seller’s
expense. The Seller shall be liable for the Buyer’s damage caused by the
repairing and replacing.

      

      7.8           If
any repairing or replacing the defect equipment results in the suspended
delivery or delayed installation, with the fault on the part of the Seller, the
warranty shall be extended accordingly.

      

      7.9           If
any delay is caused by a failure to comply with the delivery schedule set forth
by this contract, with the fault on the part of the Seller (except force
majeure) , the Seller will be held liable for any damage incurred to the
construction and installation contractors. In addition, the Buyer is entitled to
a liquidated damage from the Seller pursuant to the following scale (unless the
buyer agrees to an extension to the delivery or a waiver of damage), less than
one week counts one week:

      

      7.9.1        If
1 to 2 weeks delay, 2% of delayed supplies’ value will be imposed as weekly
liquidated damage.

      

      7.9.2        If
3 to 4 weeks delay, 4% of delayed supplies’ value will be imposed as weekly
liquidated damage.

      

      7.9.3        If
5 or more weeks delay, 6% of delayed supplies’ value will be imposed as weekly
liquidated damage.

      

      7.9.4        If
6 or more weeks delay, the Buyer is then entitled to terminate partial or whole
contract and claim for liquidated damage for any delayed deliveries and
damage.

      

      7.10         The
liquidated damage paid by the Seller does not release the Seller’s duty to
continue supply under the contract.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      7.11         If
any defect of quality occurs or supply schedule fails to meet the Buyer’s
requirement, the Buyer is entitled to assign the other Wind Turbine Tower
Cylinder manufacturer to manufacture.

      

      7.12         Any
expense induced by the increased work and the compensation to the contraction
and installation contractors that result from the defect of quality shall be
borne by the Seller.

      

      7.13         All
Wind Turbine Tower Cylinder internal decoration pieces shall be brand new
products, interchangeable with the corresponding installed pieces, made in
accordance with the same specification, material, and manufacturing process,
also interchangeable with the same part between the Wind Turbine Tower
Cylinders.

      

      7.14         During
the hoisting and rigging, the Seller shall send a field engineer to participate
in the installation process. The field engineer must have the experience to
provide the field service to the same model Wind Turbine Tower Cylinder as this
contract, and shall provide the corresponding training to the Buyer’s
personnel.

      

      7.15         The
Performance Bond shall be valid till one month after the issuance of inspection
certificate, provided that any claim to this project (if any) has been
effectively resolved.

      

      8             
Tax

      

      8.1           According
to the nation’s laws, rules and regulations, the Seller shall assume the
responsibility and pay the corresponding tax of this contract.

      

      8.2           The
contract price includes tax.

      

      9             
Force Majeure

      

      9.1           If
either party of the contract is affected to perform by an event of Force
Majeure, any delay therefore shall not exceed a period equivalent to the period
so affected, with no effect on the contract price.

      

      9.2           Either
party affected by the Force Majeure shall notify the other party immediately
after the incident, and shall send by regular mail to the Buyer, within 7 days
thereafter, the proof of incident issued by a qualified government agency of the
place where the incident occurs.  The affected party shall make best
effort to mitigate the damage and delay so affected by the event. The affected
party, as soon as the affect by the event of Force Majeure is removed, shall
resume performing immediately.

      

      9.3           In
the event that any delay caused by the Force Majeure exceeds 30 days, the Buyer,
upon the belief that the necessity to perform the contract no longer exists, may
terminate the contact, unless any necessity still remains, by which both parties
shall proceed to a friendly negotiation on the continuing
performance.

      

      10      
     Applicable Law and Dispute Resolution

      

      10.1         The
law governing this contract is the law of the People’s Republic of
China.

      

      10.2         Any
dispute arising out of this contract shall be settled initially through the
friendly negotiation between the parties, if failed, then submitted to the
immediate supervising authority of each party for further settlement
negotiation. Unless the aforesaid efforts fail, either party may at its option
submit the dispute for arbitration to the Beijing Arbitration Commission, or
bring an action to a People’s Court at the place where the contract is
signed.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      10.3         The
arbitration decision is binding to both contracting parties.

      

      10.4         Any
cost and expense incurred in the course of aforesaid proceedings, unless the
arbitration decision rules otherwise, shall be borne at the losing
party.

      

      10.5         During
the arbitration, any performance apart from the arbitrated dispute shall be
continued.

      

      11            Contract
Effectiveness, Termination and Miscellaneous

      

      11.1         This
contract shall take effect on the day of signature and stamp by both parties,
and be terminated upon the completion of performance and payment.

      

      11.2         This
contract is made in two original copies, one held by each contracting party, and
twelve counterparts, eight held by the Buyer and four held by the
Seller.

      

      11.3         The
appendixes are inseparable part of this contract, with the same legal effect as
the contract.

      

      11.4         Once
the contract takes effect, neither party could unilaterally modify the content
of this contract (including the appendixes) at its solo discretion. Any change,
modification or supplement shall be made in writing, signed by the corporate
representative (or authorized representative) of both parties upon negotiation,
once signed, shall become integrated part of the contract with the same legal
effect.

      

      11.5         Party
B is prohibited from assigning partial or whole of its right or obligation under
this contract to any third party.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      This page
is set for signature page.

      

      
        
          	
                  Buyer:

                	
                  Huaneng
      Tongliao Wind Power Generation  Co.Ltd

                	
                  Seller:

                	
                  Liaoning
      Creative Wind Power

                  Equipment
      Co., Ltd.

                
	
                  Address:

                	
                  148
      Mingren Street Floor 3, Tongliao City, Inner Mongolia

                	
                  Address:

                	
                  Maoshan
      Industry Yuanqu C Qu,

                  Tieling
      City, Liaoning Province

                
	 	 	 	 
	
                  Facsimile:

                	
                  0475-6398804

                	
                  Facsimile:

                	
                  0410-6129933

                
	
                  Telephone:

                	
                  0475-6398808

                	
                  Telephone:

                	
                  0410-6129900

                
	
                  Zip
      code:

                	
                  028000

                	
                  Zip
      code:

                	
                  112000

                
	 
      	 
      	 
      	 
      
	
                  Buyer:

                	 
      	
                  Seller:

                	 
      
	
                  (Stamp
      in red)

                	
                  (Stamp
      in red)

                
	 
      	 
      	 
      	 
      
	
                  Huaneng
      Tongliao Wind Power Generation Co. Ltd

                	
                  Liaoning
      Creative Wind Power Equipment Co., Ltd.

                
	
                  Stamp
      Exclusive for Contract

                  2112020017022

                	
                  Stamp
      Exclusive for Contract

                
	 
      	 
      	 
      	 
      
	
                  Corporate
      Representative or Authorized

                  Representative

                	
                  Corporate
      Representative or Authorized

                  Representative

                
	
                  Signature:
      /s/ Ma, Yugang

                	
                  Signature:
      /s/ Su, Guodong

                  2010.09.07Exhibit
10.13

    (English
Translation)

    

    No.
[      ]

     

    Employment
Contract Form

    

    Party A
(Employer) Name:   Liaoning Creative Bellows
Co., Ltd.

    

    Corporate
Representative:     LU,
Bei       Form of
Corporation:  Joint
Venture

    

    
      	
              Address:

            	
              Tieling City Economical Development Zone - Maoshan
      Industry Park, Area C

            
	 
      	 
      
	
              Tel:

            	
              040-6129600

            

    

    

    Party B
(Employee) Name: LU,
Bei             
Sex        Female Age     
39

    

    
      
        	
                Home Address

              	
                  

              
	 
      	 
      
	
                ID

              	
                 
        

              
	 
      	 
      
	
                Tel:

              	
                 

              

      

    

    

    Produced
by Tieling City Labor and Social Security Department in
2008

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Notes
for Signing an Employment Contract

     

    
      	
               
      

            	
              1.

            	
              At
      the time of hiring, the employer shall inform the nature of duties, the
      working condition, place, occupational hazards, safety condition, pay rate
      and any other information inquired by the employee; Employer has right to
      obtain employee’s basic information directly relating to this
      contract.

            

    

    

    
      	
               
      

            	
              2.

            	
              Employer
      is not allowed to detain ID or any other documents of employee, neither to
      collect any bond from employee nor any other valuable
  item.

            

    

    

    
      	
               
      

            	
              3.

            	
              Employer
      is not allowed to hire any person less than age of
  16.

            

    

    

    
      	
               
      

            	
              4.

            	
              For
      any employment contract over three month but less than one year, the
      probation period shall not exceed one month;  for any contract
      over one year but less than three year, the probation period shall not
      exceed two month; for any fixed term contract over three years or non
      fixed term contract, the probation period shall not exceed six
      month.

            

    

    

    Every employer shall only require
probation once for each employee.

    

    For any
assignment-base employment or employment contract less than three month, no
probation shall be required.

    

    The
probation period shall be included in the term of contract. For those only
proscribes probation period, such probation shall be deem waived and such period
constitutes employment term

    

    
      	
               
      

            	
              5.

            	
              Any
      compensation by the employer shall not be below the local minimum wage
      standard.

            

    

    

    Any
compensation to the probation worker shall not be less than 80% of the minimum
wage or contracted wage received by the one in the same title, which is still
subject to the local minimum wage standard.

    

    
      	
               
      

            	
              6.

            	
              Any
      overtime compensation shall not be less than 150% of regular rate; any
      weekend compensation without paid off-day shall not be less than 200% of
      regular rate; Any holiday compensation shall not be less than 300% of
      regular rate.

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              7.

            	
              If
      employer unreasonably deduct or delay the payment in violation of any
      labor protection law, regulations and rules, resulting in the loss of
      employee, the employer shall complain to the local labor protection
      administrative authorities where the employer locates at the telephone
      number                      .

            

    

    

    
      	
               
      

            	
              8.

            	
              Employer
      shall pay social security insurance in accordance with relevant law,
      regulation and rules of State and the local
  place.

            

    

    

    
      	
               
      

            	
              9.

            	
              Both
      parties shall read the contract carefully in order to define its rights
      and duties.

            

    

    

    
      	  	
              10.

            	
              Both
      parties shall fill the employment form
honestly.

            

    

     

    
      	  	
              11.

            	
              Any
      issues not exhausted in this contract shall follow the State law and
      regulations.

            

    

    

    Under
Labor Law of People’s Republic of China, Labor Contract Law of People’s Republic
of China and the relevant State regulations, each party shall enter this
contract in compliance with the principles of “lawful, fair, equal, voluntary,
consensus, honest and creditable”

    

    ONE                        
      Term of Employment

    

    Party A
and B choose the first
of the following forms as the term of employment:

    

    (One)       Fixed
Term:   From July
2, 2010 to July 1, 2013 .

    

    (Two)      Non
Fixed Term:  Starting from          Year            Month       Day

    

    (Three)    Assignment
Period:    Starting from          Year            Moth          Day
till

    ___________________job
is finished.

    

    Including probation from          Year     Month    Day
to     Year    Month       Day

    

    TWO                            
Place, Duties and Time of Work

    

    (Four)      Based
upon the need of Party A and the requirements of position, Party B agrees to be
employed by Party A in the title of Chief
Executive Officer.  According to Party A and B, such title is
changeable and thus any modification agreement signed by both parties or notice
pursuant to that shall constitute the appendixes to this contract.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    (Five)      Party
B shall complete the required project quantities to the required quality
according to Part A’s requirement.

    

    (Six)         Party
B’s working day shall not exceed 8 hours per day, 40 hours per week with at
least one weekly day off.

    

    If Party
A is unable to comply with the above provision, after approval from the labor
protection authority, the working time shall be computed on the basis of
comprehensive working load or irregular working system.

    

    THREE                          Wage
and Salary

    

    (Seven)   Based on its
own compensating system, Party A shall define Party B’s working schedule
pursuant to the  1st of the following wage
forms:

    

    
      	
               
      

            	
              1.

            	
              Party
      A and B agree to a monthly (monthly, daily, hourly) wage
      form.  The monthly wage rate is 40000 RMB. The probation wage
      rate is __________RMB/Month (Week, Day,
Hour)

            

    

    

    
      	
               
      

            	
              2.

            	
              Party
      A and B agree to Hutchison piece wage system. The piece rate is
      __________RMB

            

    

    

    Party A
shall provide board and accommodation or the equivalent, which shall not be
credited to the wage.

    

    (Eight)     Party
A shall made the wage payable to Party B before ________ of each month in
currency.

    

    (Nine)      If
both party choose monthly/daily/hourly wage system, Party A shall made the wage
payable to Party B pursuant to agreed time in currency.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    FOUR      
                     Social
Security and Benefit

    

    (Ten)             Party
A shall establish and improve a benefit system in accordance with the State and
provincial regulations. Party A shall make efforts to improve the benefit to the
staff and upgrade the benefiting treatment to Party B.

    

    (Eleven)        Party
A and B shall join the social security program as required by the State and
submit the payment timely.

    

    (Twelve)       Any
compensation regarding occupational disease and injury shall comply with the
current law, regulation, rules and policies.

    

    (Thirteen)     Any
medical expense and treatment for disease and injury occurred out of employment
shall comply with the current law, regulation, rules, policies and rules
provided by Party A abiding the law.

    

    (Fourteen)   
Party A shall provide the benefits in the following to Party B 

    _____________________________________________________________________________________________________

    _____________________________________________________________________________________________________

    __________________________.

    

    FIVE                     
        Safety Protection and Working
Condition

    

    (Fifteen)        Labor
Safety Protection.  In order to protect the safety and health of the
employee, Party A shall provide necessary safety equipments and medical
protection as required by the State, provincial and local labor safety and
sanitation law, regulations and rules.

    

    (Sixteen)       Party
A shall adopt any necessary measures in accordance with Occupational Disease
Prevention Law and the relevant law, regulations and adopt medical protection to
prevent occupational disease.

    

    (Seventeen)
Working Condition. Party A shall provide Party B with working space and
conditions satisfying the State, provincial and local safety and sanitation
requirements

    

    (Eighteen)    Party
A shall provide Party B with safety and sanitation education and training. Party
B shall strictly abide to the safety operating procedure and system when
working.

    

    SIX                                
Performance and Modification

    

    (Nineteen)
Employer and Employee shall perform their duties completely pursuant to the
employment contract.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    (Twenty)               Any
change to the employer’s name, corporate representative, chief officer or
investor shall not have effect on the performance of this contract.

    

    (Twenty-One)      Any
merger or acquisition to the employer shall not invalidate this
contract.  The successor of the employer shall continue to perform
this contract.

    

    (Twenty-Two)     Any
modification to this contract shall be negotiated and agreed between and by the
employer and employee, and reduced to a writing.

    

    The
modified contract shall be held by the employer and employee, with one copy to
each.

    

    SEVEN                       Termination

    

    (Twenty-Three)   The
employment contract can be terminated by the agreement of employer and
employee.

    

    (Twenty-Four)     Permissible
unilateral termination shall satisfy the requirements provided by Article 37,
38, 39, 40 and 41 of Employment Contract Law.  If any occurrence to
Party B satisfies the Article 42 of Employment Contract Law, Employer is not
allowed to terminate this contract relying on Article 40 and 41 of Employment
Contract Law.

    

    (Twenty-Five)      In
any event the Article 44 of Employment Contract Law is satisfied, this contract
shall automatically be terminated.

    

    EIGHT                        Compensation
and Damage

    

    (Twenty-Six)         In
any event one of incidents provided by the Article 46 of Employment Contract Law
occurs, employer shall compensate employee.

    

    The rate for compensation shall comply
with the Article 47 of Employment Contract Law.

    

    (Twenty-Seven)   In
any event that employer violates Employment Contract Law by terminating or
rescinding this contract, if employee demands for continuing performance,
employer shall comply; if employee does not demand for continuing performance or
any continuing performance is in fact impossible, employer shall provide
compensation required by Article 87 of Employment Contract Law.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    (Twenty-Eight)     Employer
shall issue certificate of termination or recession at the time of terminating
or rescinding this contract. Employer shall complete the transfer of employee’s
file and social security account with 15 days.

    

    Employee shall complete the work
transition as agreed by both parties.

    

    Employee
shall complete the work transition as agreed by both parties. If Employment
Contract Law requires compensation, employer shall confer such compensation at
the time of transition.

    

    Any
document pertaining to employment contract termination or recession shall be
kept in record for at least two years.

    

    NINE                           
Disputes Settlement

    

    (Twenty-Nine)      Any
disputes arising from the performing this contract shallbe resolved through the
negotiation by and between the parties, if failed, shall submit to local labor
dispute arbitration committee (or labor dispute arbitration court) within one
year of the dispute. Any disagreement to the decision of such arbitration shall
be resorted to the local People’s Court.

    

    TEN                            
Miscellaneous

    

    (Thirty)                  Any
miscellaneous issue recognized between and by the Party A and B is as following:

    _____________________________________________________________________________________________________

    _____________________________________________________________________________________________________

    ________________.

    

    (Thirty-One)         Any
provisions of this contract inconsistent with the State law and regulations
shall adapt to the state law and regulations accordingly.

    

    This contract has two counterparts,
with one held by each party.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    This contract takes effect on the day
of signature and seal by both parties. The employment relationship shall be
constituted on the first day of work.

    

    
      
        	
                Party
      A (Official Seal):

              	
                Party
      B (Signature):

              
	
                Seal
      in Red: Liaoning Creative Bellows Co., Ltd.

              	 
      
	 
      	 
      
	
                Authorized
      Agent (Signature or Seal)

              	 
      
	
                Wang,
      Jin

              	
                Lu,
      Bei

              
	 
      	 
      
	
                Date
      of Signature: July 2,
      2010

              	
                Date of Signature: July 2,
    2010

              
	 
      	 
      
	
                Notary
      Public (Seal):

              	
                Notary
      Public Authority (Seal):

              

      

    

    

    Notary
Date:                       Year               Month                    Day

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