Document:

China Advanced Construction Materials Group, Inc.: Exhibit
10.1 - Filed by newsfilecorp.com

EXECUTION COPY 

EMPLOYMENT TERMINATION AGREEMENT 

This EMPLOYMENT TERMINATION AGREEMENT (“Termination
Agreement”) is made and entered into as of November 14, 2011, by and between
China Advanced Construction Materials Group, Inc., a Delaware corporation (the
“Company”) and Jeremy Goodwin, an individual (“Executive”). 

W I T N E S S E T H: 

WHEREAS, the Company and Executive are parties to an Employment
Agreement dated as of February 23, 2010, as amended by Amendment No. 1 to
Employment Agreement, entered into as of March 30, 2011 (collectively, the
“Employment Agreements”); 

WHEREAS, the parties wish to terminate Executive’s employment
with the Company and to amend the Employment Agreements under the terms set
forth herein; 

NOW, THEREFORE, for good and valuable consideration, the
receipt and adequacy of which are hereby acknowledged, the parties hereto agree
as follows: 

1. The parties hereto agree that Executive’s employment with
the Company shall be terminated as of 11:59 P.M., New York local time, on the
date that the Company’s quarterly report on Form 10-Q for the fiscal quarter
ended September 30, 2011 (the “Form 10-Q”) is filed with the Securities
and Exchange Commission (the “Employment Termination Date”). Except as
expressly amended, modified or superseded hereby, the terms of the Employment
Agreement shall remain in full force and effect. The parties acknowledge and
agree that termination of Executive’s employment is by mutual agreement of the
parties and is not for “Cause” or “Good Reason” as defined in Section 5 of the
Employment Agreements.

The Company acknowledges that it is not aware of any wrongdoing
or improper actions or inaction by Executive in his role as officer or director
of the Company. Executive shall complete all actions necessary or appropriate
for the Company’s timely filing of the Company’s Form 10-Q that is compliant in
all respects with applicable U.S. securities laws and that contains no material
misrepresentations or omissions, and transfer of all Company property and
confidential information to the Company at the time of departure. Executive
further acknowledges and agrees that any public announcement or disclosure by
the Company regarding the departure of Executive in quarterly report on Form
10-Q and press release (attached as annex to this agreement), be provided to the
effect that Executive’s departure was for personal reasons and not the result of
any disagreement with the Company as to any matter.

2. Each of the parties hereto, for itself and for its
representatives, agents, advisors, successors-in-interest and assigns (each, a
“Releasor”), irrevocably and unconditionally releases and forever
discharges the other party and its respective affiliates, employees, directors,
managers, members, officers, subsidiaries, representatives, agents, advisors,
successors-in-interest and assigns (collectively, the “Releasees”), and
each of them, from any and all causes of action, claims, actions, rights,
judgments, attorneys’ fees, obligations, damages, demands, accountings or
liabilities of whatever kind and character, whether now known or unknown,
suspected or unsuspected (collectively, the “Claims”), existing as of the
date hereof, which any Releasor has or may have against the Releasees, or any of them,
arising under the Employment Agreements or with respect to any action, omission,
or role of the Executive as an officer or director of the Company at any time. 

3. Executive shall continue to be compensated in accordance
with the Employment Agreements through the Employment Termination Date Until
December 31, 2011, the Company shall continue to provide (i) Company-related
expenses reimbursements, (ii) Company-related mobile phone plan and (iii)
prepayment and reimbursement for Executive’s Company-related travel if any (this
also includes any subsequent travel and lodging if subpoenaed in any
Company-related lawsuits which may occur after December 31, 2011), in each case
as currently provided under the Employment Agreements. Within 5 (five) business
days after the completion by Executive of all requirements, obligations,
agreements, and covenants described in Section 1 hereof, the Company shall pay
Executive forty-five thousand U.S. dollars ($45,000). Within 5 (five) business
days after date that the Form 15 deregistering the common stock of the Company
with the SEC becomes effective under the Securities Exchange Act of 1934, as
amended, the Company shall pay Executive an additional forty-five thousand U.S.
dollars ($45,000), provided that Executive does not violate this Agreement. The
benefits and payments set forth herein shall supersede any remaining unpaid
compensation under Section 3 (except for compensation accrued from November 1,
2011 to the Employment Termination Date) of the Employment Agreements and
remaining unpaid benefits under Section 4 of the Employment Agreements. 

4. Each of the parties hereto agrees not to disparage, malign,
criticize or condemn any other party herein, nor make any statement or express
any view or opinion that is derogatory or detrimental to the reputation of any
other party herein, with respect to any matter. 

5. The Company acknowledges its indemnification obligations
under Section 11 of the Employment Agreements. Executive has been named a
defendant in class action lawsuits brought by certain stockholders of the
Company (the “Stockholder Litigation”) against the Company and other defendants.
The Company agrees to use reasonable efforts to remove Executive as a defendant
in the Stockholder Litigation by virtue of the fact Executive was not party to
either the Management buyout proposal or Board review of such proposal.

6. This Agreement and the Employment Agreements (as amended by
this Agreement) contains the entire agreement of the parties relating to the
subject matter hereof. This Agreement and its terms may be amended only by an
agreement in writing signed by the party against whom enforcement of any waiver,
change, modification, extension or discharge is sought. If any provision of this
Agreement, or any interpretation thereof, conflicts with any provision of the
Employment Agreements, the terms of this Agreement shall prevail. 

7. The Company hereby agrees that so long as Executive shall be
subject to the Stockholder Litigation and any pending proceeding prior to the
deregistration of the Company’s common stock under the Securities Exchange Act
of 1934, as amended, based on his role as an officer or director of the Company,
the Company shall use reasonable commercial efforts to obtain and maintain in
full force and effect directors’ and officers’ liability insurance which
provides Executive the same rights and benefits as are accorded to the most
favorably insured of the Company’s directors, provided that nothing in the this
Agreement shall require the Company or any successor to obtain any D&O
insurance coverage that would not be permitted under the Merger Agreement dated as of October 24, 2011, by and among the
Company, Novel Gain Holdings Limited, CACMG Acquisition, Inc., Xianfu Han and
Weili He. 

8. This Agreement shall be interpreted and enforced in
accordance with the laws of the State of New York, without reference to its
conflict of law principles. To the extent permitted by applicable law, the
parties shall waive any provision of this Agreement which renders any provision
of this Agreement unenforceable in any respect. 

9. This Agreement may be executed in one or more counterparts,
each of which shall constitute an original. 

IN WITNESS WHEREOF, the parties have executed this Agreement as
of the date set forth above. 

	COMPANY: 	EXECUTIVE: 
	  	  
	CHINA ADVANCED CONSTRUCTION 	  
	MATERIALS GROUP, INC. 	  
	  	  
	  	  
	By: _____________________	By: _____________________
	      Name: Xianfu Han
    	      Name:
      Jeremy Goodwin 
	      Title: Chief
      Executive Office 	  
	  	  
	Address: _________________	Address: _________________Longhai Steel, Inc.: Exhibit 10.1 - Filed by newsfilecorp.com

Exhibit 10.1

Lease Agreement 

Party A: Xingtai Longhai Steel Group Co. Ltd. 
Party B:
Xingtai Longhai Wire Rod Co. Ltd. 

Party B will lease some portion of Party A’s property, plant
and equipment; therefore both parties, on a friendly, free and fair basis, agree
to the below terms: 

	1. 	
      Area of lease agreement: the land, property located
      125 meters start from the south wall of Longhai Group and 724meters
      start from the East Wall, the total area is 90500 m2
      and all wire making equipment contained.

	 	 	 
	2. 	
      Lease term: the agreement will be effective for a period
      of 5 years, renewable at Party B’s discretion.

	 	 	 
	3. 	
      Party B will have right to cease the agreement at any
      time with at least 30 days advance notice to Party A.

	 	 	 
	4. 	
      Lease fees and payment: the annual lease fee is
      RMB14,000,000, payable every six months. The payment will be RMB7,000,000
      per payment. The fees shall be paid before the 15th of each
      payment month, and the first payment should be made with 15 days of the
      agreement is effective.

	 	 	 
	5. 	
      Both parties rights and obligations:

	 	 	 
		a) 	
      Party B will have all rights to utilize the lease object,
      Party A cannot intervene in Party B’s operations, Party B will guarantee
      Party A’s assets security and integrity.

	 	 	 
		b) 	
      If, due to Party B’s operational needs, Part A must
      modify or expand the facilities, Party B shall give at least 30 days
      advance notice to Party A. Party A shall be responsible for equipment
      modify fee. Party B shall be responsible for equipment maintenance
    fee.

	 	 	 
		c) 	
      Party B shall be responsible for tax associated with the
      land’s usage.

	 	 	 
		d) 	
      Party B should make all payments on time. If due to a
      shortage of cash flow, Party B needs to extend the payment, Party B shall
      notify Party A 10 days in advance. The extension shall not exceed 2
      months.

	 	 	 
		e) 	
      Party B’s water expenses Party A. Party B will pay other
      utilities directly based on its usage directly to the supplier.

	 	 	 
		f) 	
      Party A should provide free security and after support
      service to Party B to ensure Party B’s asset’s security and quality
      operation.

	 	 	 
		g) 	
      Party A should guarantee the gas supply for Party B. And
      Party B should pay the bill associated with the supply.

	 	 	 
		h) 	
      Party A shall issue an invoice to Party B one month from
      the day of the payment is received.

	 	 	 
	6. 	
      Any other matters not expressly stated herein, both
      parties will, on and fair and free basis, execute supplemental
      agreements.

	 	 	 
	7. 	
      This agreement will be made in two copies, and each party
      shall hold one copy.

	 	 	 
	8. 	
      This agreement will become effective as soon as the
      facilities are operational.

Party A (Seller): /s/ Xingtai Longhai Steel Group Co. Ltd. 

Party B (Purchaser): /s/ Xingtai Longhai Wire Rod Co. Ltd.

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