Document:

Share
      Acquisition Option Agreement

    

    That
      was prepared and signed in Tel Aviv 

    on
      the 5th of the month of December, 2007

    

    BETWEEN:

    DCI
      USA Inc.

    a
      corporation that is a registered in Delaware, USA -
      3248228

    (hereinafter:
      the “Conferrer”
and/or
      the “Conferrer
      of the Option”)

    of
      the first part;

    

    AND:

    World
      Group Shipping Ltd. 

    Israeli
      Limited Liability Company, No. 52-003361-4

    (hereinafter:
      the “Recipient”
and/or
      the “Recipient
      of the Option”)

    of
      the second part;

    

    
      
        	WHEREAS:	
                The
                  Conferrer is the sole and only owner of the entire issued share
                  capital of
                  Gontar Wind Energy Ltd., corporation No. 51-386665-7 (hereinafter:
                  the
                  “Company”),
                  all of which is according to the report from the Companies Registrar
                  which
                  is attached to this agreement as Appendix
                  A;
                  and

              

      

    

    

    
      	WHEREAS:	
              It
                is the desire of the Conferrer to grant to the Recipient, and it
                is the
                desire of the Recipient to receive from the Conferrer, an irrevocable
                right to purchase from the Conferrer the entire 100% of the issued
                and
                fully paid-up share capital of the Company (hereinafter: the “shares”
                and the “option”,
                respectively); and

            

    

    

    
      	WHEREAS:	
              The
                parties have agreed between themselves concerning the option execution
                terms as stated in this agreement;

            

    

    

    Therefore,
      it has been agreed, stipulated and declared between the parties as
      follows:

    

    
      	1.	
              The
                option

            

    

    

    
      	
              1.1

            	
              The
                Conferrer hereby irrevocably undertakes to the Recipient that as
                from the
                date of fulfilling of the pending terms as stipulated in clause 2
                below,
                and for a period ending on February 28th,
                2008 (hereinafter: the “execution
                period”),
                the Recipient shall be permitted, should he deem fit to do so, at
                his sole
                and complete discretion, to purchase the shares and all rights connected
                to any shareholders' loan, from the Conferrer, at any time during
                the
                execution period, in their condition and in the condition of the
                Company
                as is stipulated in clause 4 below, in exchange for the payment of
                a total
                of NIS equal to 2,450,000 Million USD (hereinafter: the “Consideration
                For the Shares”),
                which is provided that the Recipient shall deliver a execution
                notification to the Conferrer during the execution period as is defined
                below. 

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    Without
      derogating from any other provision or representation in this Agreement it
      is
      stressed, that the Consideration For the Shares is based on all other figures
      in
      the Balance Sheet and financial statement annexed to this agreement as
Appendix
      B
      which
      shall be a representation by the Conferrer towards the Recipient. Therefore,
      the
      final Consideration For the Shares shall be adapted to the amended and updated
      financial situation of the Company at the date of payments, according to a
      new
      and updated balance sheet audited and approved by an Israeli CPA of the
      Recipient. Any discrepancy or change of any nature, between the figures in
      the
      Balance Sheet shall cause the relevant and proportional correction to the
      Consideration For the Shares, but it is agreed between the Parties that no
      correction shall be done to increase the said Consideration.

    

    All
      payments in USD shall be executed either in USD or in NIS (as Recipient
      determines on its sole discretion), according to representative rate of the
      USD
      against the NIS as last determined by the Bank of Israel at the time of
      execution of the payment order from Recipient's bank account in
      Israel.

    

    
      	1.2	
              To
                remove any doubt it is hereby clarified that the Recipient is entering
                into an engagement with the Conferrer through this agreement which
                relies
                upon the correctness of the Conferrer’s
                presentations.

            

    

    

    
      	1.3	
              The
                option is given to the Recipient without any consideration and the
                Conferrer shall not be entitled to receive any kind of consideration
                in
                respect of granting said option.

            

    

    

    
      	2.	
              Omitted
                

            

    

    

    
      	3.	
              Option
                execution

            

    

    

    
      	3.1	
              The
                execution of the option shall be undertaken by means of an irrevocable
                and
                unconditional notification in writing to the Conferrer, by which
                the
                Recipient chooses to execute the option which is being conferred
                upon him
                by this agreement (both above and below: the “execution
                notification”)
                and that shall be delivered to the Conferrer, which shall be during
                the
                course of the execution period only (hereinafter the “execution
                date”).

            

    

    

    
      	3.2	
              Should
                the Recipient choose to execute the option, at his sole and complete
                discretion, he shall submit the execution notification to the Conferrer
                and also he shall pay to the Conferrer the shares consideration,
                subject
                to the following:

            

    

    

    
      	
            	3.2.1	
              The
                Conferrer has ratified in writing that the condition of the shares
                and of
                the Company on the option execution date is as stipulated and described
                in
                this agreement and in its
                appendices;

            

    

    

    
      	
            	3.2.2	
              The
                Company’s shares were transferred into the name of the Recipient and/or on
                his behalf;

            

    

    

    
      	
            	3.2.3	
              The
                directors serving on behalf of the Conferrer have resigned and in
                their
                place are directors who have been appointed by the
                Recipient;

            

    

     

    
      
         

      

      
        -
          2 -

        
          

        

      

      
         

      

    

     

    
      	3.3	
              At
                the time of signing the agreement, the parties shall sign a shares
                transfer deed, notifications to the Company concerning the resignation
                of
                the Company’s board of directors and statements to the Companies
                Registrar, all of which shall be without a franked date (hereinafter:
                the
                “documents”).
                It is agreed that the documents shall be held in trust by adv. Erez
                Tik
                from 3 Azriely Tower Tel Aviv Israel (hereinafter: the “Trustee”).
                The parties shall empower the Trustee to fill in the director’s
                resignation date and the appointment of the new director on the option
                realization date and on all the other documents necessary according
                to
                Article 7 below. 

            

    

    

    The
      Conferred undertakes to sign and submit all necessary documents to the Trustee
      within 30 days from the date of signing this Agreement by the Recipient. A
      breach of the provisions of this article shall be considered as fundamental
      breach by the Conferrer.

    

    In
      addition, the Conferrer shall sign an irrevocable Power of Attorney which gives
      a Power of Attorney to the Recipient’s lawyers to execute, in his name and in
      his stead, those necessary actions required for the completion of the transfer
      of the shares into the name of the Recipient and the execution of the other
      actions which are the subject of this agreement (hereinafter: the “Power
      of Attorney”).
      The
      wording of the Power of Attorney shall be drafted by the Recipient's attorney
      and shall be duly singed, confirmed and submitted to the Recipient within 14
      days of its submission to the Conferrer.

    

    
      	3.4	
              Should
                the Recipient not have delivered the Recipient’s execution notification by
                the end of the execution period, then the option shall expire
                automatically and the Conferrer shall not have any complaint and/or
                demand
                and and/or claim in respect of
                this.

            

    

    

    
      	4.	
              Presentations
                and undertakings

            

    

    

    
      	4.1	
              The
                Conferrer declares, certifies and undertakes in respect of the shares
                and
                the Company, including regarding any subsidiary, as
                follows:

            

    

    

    
      	
            	4.1.1	
              The
                Company’s Incorporation and Articles of Association do not include any
                article which is in contradiction to this
                Agreement;

            

    

    

    
      	
            	4.1.2	
              The
                Company is in a state as reflected in the financial statements for
                30
                September 2007 (hereinafter -
                "the Balance Sheet")
                submitted and presented as Appendix
                B,
                and any discrepancy and/or inaccuracy shall be remedied and indemnified
                by
                the Conferrer within 7 days of Recipient's first demand in
                writing;

            

    

    

    
      	
            	4.1.3	
              There
                are no attachments and/or debts and/or obligations and/or any third
                party's rights which apply to the shares and/or to the Company and/or
                to
                any of its assets, except those specifically mentioned and reflected
                in
                the Balance Sheet. It is hereby emphasized that the Conferrer undertakes
                to submit to the Recipient the consent of any third party to the
                sale of
                the shares inasmuch as their consent is
                required;

            

    

     

    
      
         

      

      
        -
          3 -

        
          

        

      

      
         

      

    

     

    
      	
            	4.1.4	
              The
                Company is not engaged in any obligation and/or binding agreement
                of any
                kind;

            

    

    

    
      	
            	4.1.5	
              There
                are no engagements or obligations between the Company and the shareholders
                or Company’s officers or associated parties, including in relation to
                loans and/or to the placing of guarantees and/or letters of
                indemnification, except the shareholders loan as described in the
                Balance
                Sheet, which was taken into account in the Consideration For the
                Shares as
                mentioned in this Agreement, and subordinated to the Recipient in
                case of
                exercising of the Option under this Agreement, as part of the
                Consideration For the Shares and part of the purchase
                thereof;

            

    

    

    
      	
            	4.1.6	
              The
                Company is not involved in any existing and there are no anticipated
                legal
                process;

            

    

    

    
      	
            	4.1.7	
              Any
                licenses required by any law for purposes of operating the Company
                in
                accordance with its activities is in the Company's
                possession;

            

    

    

    
      	
            	4.1.8	
              The
                Company has had no employees and does not currently have any employees
                and
                therefore it has no obligations towards any employees of any
                kind;

            

    

    

    
      	
            	4.1.9	
              The
                Company has all necessary Intellectual property rights in connection
                with
                its current activities, and it does not infringe any such right of
                any
                third party.

            

    

    

    
      	4.2	
              The
                Conferrer declares and undertakes that the Recipient is given full
                due
                diligence on the shares, on the Company, and any of its assets and
                on
                their financial and economic state which shall not include therein
                any
                information which is inaccurate and/or untrue and/or incomplete,
                and with
                no information lacking therein which is liable to be considered as
                essential information which could influence the considerations of
                a
                reasonable investor for purposes of making a decision appertaining
                to the
                acquisition of the shares. The Conferrer is aware that the basis
                for the
                readiness of the Recipient to realize the option and to purchase
                the
                shares in exchange for the payment of the consideration for the shares,
                is
                the presentations, the declarations and the facts which are referred
                to in
                this agreement.

            

    

    

    The
      Conferrer shall provide full indemnification for any damage, expense or lose
      the
      Recipient shall incur due to any misrepresentation and/or any demand or payment
      to any authority and/or any other third party, caused in any time before
      payments of the Consideration For the Shares.

     

    
      	5.	
              Operating
                the Company until the end of the execution
                period

            

    

    

    During
      the period of time from the date of signing this agreement until the end of
      the
      execution period (hereinafter: the “interim
      period”)
      the
      Conferrer undertakes as follows:

    

    
      	
            	5.1	
              To
                operate the Company involving ordinary business
                only;

            

    

     

    
      
         

      

      
        -
          4 -

        
          

        

      

      
         

      

    

     

    
      	
            	5.2	
              Not
                to transfer and/or to attach any of the assets and/or the rights
                of the
                Company nor to give any consent for granting other rights of any
                kind
                whatsoever to any third party on any of its
                assets;

            

    

    

    
      	
            	5.3	
              Not
                to initiate any actions for the Company’s dissolution and/or
                receivership;

            

    

    

    
      	
            	5.4	
              Not
                to withdraw dividends, nor to carry out owners’ withdrawals from the
                Company or to receive any payment whatsoever
                therefrom;

            

    

    

    
      	
            	5.5	
              To
                request the consent of the Recipient in advance for any Company engagement
                with a third party of any kind which is essential for the Company
                and/or
                which is not within the course of the Company’s normal
                business;

            

    

    

    
      	
            	5.6	
              Not
                to undertake any changes to the Company’s Articles of Association, the
                Company’s registered capital and its issued and fully paid-up share
                capital or to allocate any shares or other rights in the
                Company;

            

    

    

    
      	
            	5.7	
              To
                deliver to the Recipient a copy of all minutes of any board of directors’
                meeting or of a shareholders’ meeting;

            

    

    

    
      	
            	5.8	
              That
                the Recipient shall be entitled to appoint an observer on his behalf
                on
                the Company’s board of directors and the Conferrer shall allow said
                observer to be present at all of the Company’s board of directors’
                meetings.

            

    

    

    
      	
            	5.9	
              That
                the Conferrer will not directly or indirectly issue or authorize
                the
                payment to the Conferrer or any of its affiliates any payment or
                bonus of
                any nature from the Company.

            

    

    

    
      	
            	5.10	
              That
                the Conferrer will not demand any indebtedness of the Company to
                become
                due prior to its current maturity
                date.

            

    

    

    
      	6.	
              Due
                diligence

            

    

    

    
      	6.1	
              For
                purposes of checking the feasibility of execution the option, the
                Recipient shall arrange due diligence for the Company and for its
                assets,
                its rights and obligations (hereinafter: the “Recipient’s
                check”
                or the “due
                diligence”),
                which shall terminate by, and no later than, the end of the execution
                period.

            

    

    

    
      
        	6.2	
                The
                  Conferrer hereby undertakes by way of an undertaking, the breach
                  of which
                  would constitute a fundamental breach, to assist the Recipient
                  in the due
                  diligence, and to put at his disposal immediately upon his request,
                  records and documents of any kind whatsoever and/or any information
                  that
                  the Recipient shall request for purposes of completing the
                  checks.

              

      

    

     

    
      
         

      

      
        -
          5 -

        
          

        

      

      
         

      

    

     

    
      	6.3	
              It
                is agreed that inasmuch as this may be demanded by the Recipient,
                the
                parties shall act during the due diligence period for purposes of
                formulating a detailed shares acquisition agreement, which shall
                apply to
                them should the option be executed by the Recipient. Nothing in the
                aforesaid derogates from the validity of this agreement, should the
                option
                be realized without the agreement stipulated above having been
                signed.

            

    

     

    
      	7.	
              Date
                of completing the transaction
                (closing)

            

    

    

    The
      Parties shall coordinate when to meet at the offices of advocate Tik, Gilad,
      & Co., in Tel Aviv in order to execute all of the actions below, as
      integrated obligations, which shall be not later than 10 days from the date
      of
      submitting the Execution Notification:

    

    
      	
            	7.1	
              The
                Trustee shall hand over all of the documents to the Recipient which
                have
                been previously submitted to him according to the provisions of this
                Agreement, which shall include letters of all directors' resignation,
                duly
                approved protocol of the Conferrer regarding transfer of shares and
                of the
                shareholders' loan to the Recipient, deeds for transfer of shares,
                singed
                notification to Company Registrar in Israel regarding the transfer
                of
                shares to the Recipient, all directors shall sing a waiver of any
                complain
                and/or demand from the Company in wording to be approved in advance
                by
                Recipient's attorney, and any other additional document which the
                Recipient shall reasonably need for completion of all undertakings
                of the
                Conferrer under this Agreement;

            

    

    

    
      	
            	7.2	
              The
                Conferrer shall ratify in a letter that the state of the shares and
                of the
                Company on the option realization date is as detailed and described
                in
                this agreement and in its
                appendices;

            

    

    

    
      	
            	7.3	
              The
                Recipient shall pay to the Conferrer the consideration for the shares
                according to all provisions in article 1
                above;

            

    

    

    
      	
            	7.4	
              The
                parties’ obligations in this clause are integrated, and the non-fulfilling
                of any of the obligations of one party, in addition to this being
                a breach
                of the agreement, shall absolve the other party from his undertakings
                for
                the performance of his obligations at that time, as
                aforesaid.

            

    

    

    
      	
            	7.5	
              The
                parties shall sign any document that their representatives shall
                deem
                necessary for purposes of completing the transaction, including any
                document that may be required for purposes of transferring the shares
                and
                for purposes of receiving any certification that may be required,
                and any
                other activity shall be taken that may be required for purposes of
                fulfilling the provisions of this agreement in
                full.

            

    

     

    
      
         

      

      
        -
          6 -

        
          

        

      

      
         

      

    

     

    
      	
            	7.6	
              At
                the demand of the Recipient, the parties shall prepare, through their
                comptroller’s and/or accountants on their behalf and/or the Company’s
                accountant, an accounting (hereinafter: the “accounting”),
                in respect of discrepancies and amendments in the state of the Company
                compared with the Conferrer’s presentations and the obligations as
                stipulated in the Balance Sheet and this Agreement, and also they
                shall so
                make in the future, without any limitation as to time, any verification
                that the Recipient may request owing to the revealing of an expense,
                loss
                and/or payment and/or claim of any kind (provided that it will be
                according to a peremptory ruling) and/or a benefit to a third party
                and/or
                an obligation to a third party the grounds for which relate to the
                period
                of time prior to the realization of the option, and which did not
                appear
                or was not referred to in this agreement and in its appendices. The
                Conferrer undertakes to appear and to allow the execution of the
                accounting as stated above within 14 days of the Recipient’s demand in
                writing. The provisions in this article shall not derogate from any
                other
                provision regarding the final balance sheet to be prepared in for
                the
                closing.

            

    

     

    
      	8.	
              Breach
                and remedies

            

    

    

    
      	8.1	
              Omitted.

            

    

    

    
      	8.2	
              None
                of the provisions in this document may be interpreted as derogating
                from
                the rights of the parties under the provisions of the Law of Contract
                (Remedies Owing to a Breach of Contract) [5]731-1970, and from the
                other
                legal rights under any law for the receipt of any assistance or remedy,
                in
                addition to the agreed upon compensation, unless explicitly stipulated
                otherwise in this document.

            

    

     

    
      	9.	
              General

            

    

    

    
      
        	9.1	
                To
                  safeguard the rights of the Recipient under this agreement, the
                  Recipient
                  shall be permitted to register a first ranking charge on the shares.
                  The
                  Conferrer shall cooperate and enable the Recipient to create and
                  register
                  such charge within 21 days of the date of signing this
                  Agreement.

              

      

    

    

    The
      Recipient undertakes to allow the immediate expunging and cancellation of the
      charge at the end of the realization period should the Recipient not realize
      the
      option by the end of the realization period (which is not owing to a breach
      of
      this agreement by the Conferrer).

    

    
      	9.2	
              The
                Recipient shall be permitted to transfer or delegate his rights under
                the
                option and according to this Agreement to a third party, either for
                or
                without consideration as the Recipient so chooses. The Recipient
                shall
                deliver to the Conferrer a notification in writing concerning the
                endorsement and transfer of the rights under the option to a third
                party,
                legally signed by the Recipient and the third party, which shall
                not
                require any ratification from the Conferrer for said
                transfer.

            

    

     

    
      
         

      

      
        -
          7 -

        
          

        

      

      
         

      

    

     

    
      	9.3	
              Each
                party shall bear all the taxes and obligatory payments that apply
                to him
                by any law in respect of the conferring or receipt of the option
                under
                this document.

            

    

    

    
      	9.4	
              This
                agreement will be subject only to the laws of the State of Israel
                and any
                dispute in connection therewith shall be litigated only by the competent
                courts in Tel Aviv.

            

    

    

    
      	9.5	
              No
                change whatsoever to this agreement shall be valid unless said change
                shall be made in writing and signed by the parties to the agreement
                and a
                notification in respect thereof sent to their representatives by
                registered mail.

            

    

    

    
      	9.6	
              Without
                derogating from the contents of this agreement, regarding the delivery
                of
                the realization notification, the addresses of the parties to this
                agreement are as stipulated at the top of this agreement, and any
                notification that shall be sent by one party to this agreement to
                the
                other shall be considered as having been received within 72 hours
                from the
                date of its having been sent by registered mail, and if delivered
                by hand,
                then at the time of its delivery.

            

    

    

    

    And
      a witness whereof the parties have come to sign:

    

     

    
      	
              /s/
                Marc Narboni,
                CEO                    
                

              DCI
                USA Inc.  

            	
              /s/ World Group Shipping
                Ltd.                  
                

              World Group Shipping
                Ltd.

            

    

    
 

    
      
         

      

      
        -
          8 -Exhibit
      10.1

    

     

    PURCHASE
      AGREEMENT

     

    This
      Purchase Agreement (this “Agreement”)
      is
      made as of December 12, 2007 by and among Lifang Chen (the “Seller”),
      the
      purchasers set forth on the signature pages hereto (each, a “Purchaser”
and
      collectively, the “Purchasers”) and Sutor Technology Group Limited, a Nevada
      corporation (the “Company”).

     

    WHEREAS,
      Seller desires to sell certain of her shares of the Company’s common stock, par
      value $0.001 per share (the “Common
      Stock”),
      to
      the Purchasers and the Purchasers’ desire to purchase such shares.

     

    WHEREAS,
      subject to the terms and conditions set forth in this Agreement and pursuant
      to
      Sections 4(1) and 4(2) of the Securities Act of 1933, as amended (the
“Securities
      Act”),
      the
      Seller desires to sell and transfer to each Purchaser the number of shares
      of
      Common Stock set forth on the Purchaser’s signature page hereto, which such
      shares of Common Stock were originally issued to the Seller by the Company
      (the
“Shares”)
      and
      each Purchaser desires to purchase the Shares from the Seller.

     

    NOW,
      THEREFORE, in consideration of the mutual covenants contained in this Agreement
      and for other good and valuable consideration the receipt and adequacy of which
      are hereby acknowledged, the Seller, the Company and the Purchasers hereby
      agree
      as follows:

     

    Section
      1. Agreement
      to Purchase.
      Each
      Purchaser hereby agrees to purchase, and the Seller hereby agrees to sell,
      the
      Shares set forth on each such Purchaser’s signature page pursuant to the
      conditions set forth herein. The purchase price per Share being sold to the
      Purchasers hereunder is $4.25 (the “Purchase
      Price”).
      Of
      the $4.25 Purchase Price per Share, $0.19125 per Share shall be payable to
      Roth
      Capital Partners, LLC (“Roth”)
      as a
      brokerage fee with respect to the transactions contemplated by this Agreement.
      Each of Roth and the Seller shall be paid directly out of the escrow account
      established for this transaction in accordance with the flow of funds memorandum
      attached hereto as Exhibit
      A.

     

    Section
      2. Closing;
      Delivery.
      

     

    a. The
      closing under this Agreement shall occur upon delivery of executed signature
      pages to this Agreement and all other documents, instruments and writings
      required to be delivered pursuant to this Agreement as provided in Sections
      2(b)
      and 2(c) to the offices of Bryan Cave LLP, 1290 Avenue of the Americas, New
      York, NY 10104 (the “Closing”)
      at
      10:00 a.m. (eastern time) on December 14, 2007 or at such other time and place
      on such date as the Purchasers and Seller may agree upon (the “Closing
      Date”).
      

     

    b. Following
      the execution of this Agreement, (i) the Seller will deliver to the Company’s
      transfer agent (A) the certificate representing the Shares together with all
      executed stock power and assignment documents which may be relevant in order
      to
      effectuate the transfer of the Shares to the Purchasers and (B) an opinion
      of
      counsel reasonably acceptable and addressed to the Company that the sale and
      transfer of the Shares pursuant to this Agreement to the Purchasers shall not
      require registration under applicable securities laws and (ii)
      each
      Purchaser will deliver to the Escrow Agent (as defined in that certain Escrow
      Agreement, dated as of the date hereof, by and among Roth, Seller and the Escrow
      Agent (the “Escrow
      Agreement”)),
      for
      deposit and disbursement in accordance with the Escrow Agreement, by wire
      transfer of immediately available funds to such accounts as designated by the
      Escrow Agent, a United States dollar amount equal to the product of the Purchase
      Price multiplied by the number of Shares set forth on such Purchaser’s signature
      page hereto. 

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    c. At
      the
      Closing, (i) the Seller will deliver, or cause to be delivered, to each
      Purchaser a facsimile copy of the certificate (in each case duly executed and
      dated by the Company) representing the Shares being purchased by such Purchaser
      in the name of each such Purchaser and (ii) the Escrow Agent will deliver to
      the
      Seller, by wire transfer of immediately available funds to such accounts as
      designated by the Seller, a United States dollar amount equal to the product
      of
      the Purchase Price (minus fees payable to Roth in accordance with Section 1),
      multiplied by the aggregate number of Shares sold to Purchasers hereunder (the
      “Sale
      Amount”).

     

    Section
      3. Representations
      and Warranties of each Purchaser.
      Each
      Purchaser, severally and not jointly, hereby represents and warrants to the
      Seller as follows:

     

    a. Intent.
      Such
      Purchaser is acquiring the Shares as principal for its own account and not
      with
      a current view to or for distributing or reselling such Shares, without
      prejudice, however, to such Purchaser’s right, at all times, to sell or
      otherwise dispose of all or any part of such Shares pursuant to an effective
      registration statement under the Securities Act or under an exemption from
      such
      registration and in compliance with applicable federal and state securities
      laws. Nothing contained herein shall be deemed a representation or warranty
      by
      any Purchaser to hold the Shares for any period of time. Such Purchaser is
      acquiring the Shares hereunder in the ordinary course of its business and does
      not have any agreement or understanding, directly or indirectly, with any person
      to distribute any of the Shares.

     

    b. Organization;
      Authority.
      Such
      Purchaser is an entity duly organized, validly existing and in good standing
      under the laws of the jurisdiction of its organization with the requisite
      partnership power and authority to enter into and to consummate the transactions
      contemplated hereby and otherwise to carry out its obligations hereunder. The
      purchase by each such Purchaser of the Shares hereunder has been duly authorized
      by all necessary action on the part of such Purchaser. This Agreement has been
      duly executed by each such Purchaser, and when delivered by such Purchaser
      in
      accordance with the terms hereof, will constitute the valid and legally binding
      obligation of such Purchaser, enforceable against it in accordance with its
      terms,
      subject
      to applicable bankruptcy, reorganization, insolvency, moratorium or similar
      laws
      affecting creditors’ rights generally.

     

    c. Purchaser
      Status.
      Such
      Purchaser is an “accredited investor” as defined in Rule 501(a) under the
      Securities Act. Such Purchaser is not a registered broker-dealer under Section
      15 of the Securities Exchange Act of 1934, as amended (the “Exchange
      Act”).

     

    d. Experience
      of such Purchaser.
      Such
      Purchaser, either alone or together with its representatives, has such
      knowledge, sophistication and experience in business and financial matters
      so as
      to be capable of evaluating the merits and risks of the prospective investment
      in the Shares, and has so evaluated the merits and risks of such investment.
      Such Purchaser is able to bear the economic risk of an investment in the Shares
      and, at the present time, is able to afford a complete loss of such
      investment.

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    e. General
      Solicitation.
      Such
      Purchaser is not purchasing the Shares as a result of any advertisement,
      article, notice or other communication regarding the Shares published in any
      newspaper, magazine or similar media or broadcast over television or radio
      or
      presented at any seminar or any other general solicitation or general
      advertisement.

     

    f. Independent
      Investment Decision.
      Such
      Purchaser has independently evaluated the merits of its decision to purchase
      the
      Shares pursuant to this Agreement, and such Purchaser confirms that it has
      not
      relied on the advice of any other Purchaser’s business and/or legal counsel in
      making such decision. Such Purchaser has not relied on the business or legal
      advice of Roth Capital Partners, LLC or any of its agents, counsel or Affiliates
      (as defined below) in making its investment decision hereunder, and confirms
      that none of such persons has made any representations or warranties to
      Purchaser in connection with the transactions contemplated by this
      Agreement.

     

    g. Non-Public
      Information.
      Such
      Purchaser acknowledges that the Seller may have non-public information (which
      may or may not be relevant to such Purchaser’s consideration of an investment in
      the Shares) with respect to the Company which each Purchaser agrees need not
      be
      provided to him or her.

     

    h. Restricted
      Securities.
      Such
      Purchaser acknowledges that the Shares are “restricted securities” as defined in
      Rule 144 under the Securities Act.

     

    Section
      4. Representations
      and Warranties of the Company.
      The
      Company hereby represents and warrants to each Purchaser as
      follows:

     

    a. Authority.
      This
      Agreement has been duly executed by the Company, and when delivered by the
      Company in accordance with the terms hereof, will constitute the valid and
      legally binding obligation of the Company, enforceable against it in accordance
      with its terms,
      subject
      to applicable bankruptcy, reorganization, insolvency, moratorium or similar
      laws
      affecting creditors’ rights generally.

     

    Section
      5. Representations
      and Warranties of the Seller.
      The
      Seller hereby represents and warrants to each Purchaser as follows:

     

    a. Power
      and Authority.
      Such
      Seller has full authority and power to execute and deliver this Agreement and
      subject in part to the truthfulness of Purchasers’ representations herein, to
      sell and transfer the Shares
      to the
      Purchasers as provided herein. This Agreement has been duly executed and
      delivered by such Seller and constitutes the valid and binding obligation of
      such Seller enforceable against such Seller in accordance with its respective
      terms,
      subject
      to applicable bankruptcy, reorganization, insolvency, moratorium or similar
      laws
      affecting creditors’ rights generally.

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    b. Ownership.
      Seller
is
      the
      sole and exclusive owner, beneficially and
      of
      record, of the Shares,
      free
      and clear of any lien, encumbrance or pledge and, except for restrictions on
      transfer imposed by applicable securities laws, has the unconditional right
      to
      sell the Shares
      as
      contemplated by this Agreement. At
      the
      Closing, upon payment of the Purchase Price, the Purchasers will acquire all
      right, title and interest in the Shares,
      free
      and clear of any lien, encumbrance or pledge other than restrictions on transfer
      in accordance with applicable securities laws. Such Seller has held the
Shares
      continuously since the date such Shares
      were
      issued by the Company. Such
      Seller
      is
      not aware of any third party claims with respect to the Shares.

     

    c. Solicitation.
      At no
      time did such Seller present or solicit, by means of any publicly issued or
      circulated newspaper, mail, radio, television or other form of general
      advertising or solicitation, in connection with the offer, sale and purchase
      of
      the Shares.

     

    d. No
      Conflicts.
      The
      execution and delivery of this Agreement and the performance of its respective
      terms will not, with or without the giving of notice or the passage of time,
      conflict with, constitute a violation or breach of or result in a default under,
      result in the acceleration of, create in any party the right to accelerate,
      terminate, modify, or cancel or require any notice or consent under (a) any
      contract, security interest, or other arrangement to which such Seller is a
      party or by which such Seller or
      its
      property
      is bound
      or to which any of such Seller’s assets are subject, (b) any order, writ,
      injunction, award, decree, decision or ruling of any court, arbitrator or
      governmental or regulatory body against or binding such Seller
      or its
      property,
      or (c)
      any statute, law, rule or regulation of any jurisdiction to which Seller
or
      its
      property
      may be
      subject.

     

    Section
      6. Certain
      Obligations of the Parties.
      The
      Seller covenants and agrees to provide to the Purchasers and the Company any
      and
      all documents which may be reasonably required in order to effectuate the
      transactions contemplated by this Agreement, including, without limitation,
      the
      opinion of counsel referenced in Section 2 above. The Company will use its
      reasonable best efforts to prepare and file with the Securities and Exchange
      Commission a registration statement, including the prospectus, for an offering
      to be made on a continuous basis pursuant to Rule 415 of the Securities Act,
      on
      Form S-3 (or on such other form appropriate for such purpose) (collectively,
      the
“Registration
      Statement”)
      by the
      45th
      day
      following the Closing Date covering the resale by the Purchasers of the Shares
      and naming the Purchasers as Selling Stockholders therein. The Company will
      use
      its reasonable best efforts to cause the Registration Statement be declared
      effective under the Securities Act as
      soon as
      possible but, in any event, no later than 120 days following the Closing Date,
      and shall use its reasonable best efforts to keep the Registration Statement
      continuously effective during the entire Effectiveness Period. For purposes
      hereof, “Effectiveness Period” shall mean the period commencing on the date on
      which the Registration Statement is first declared effective by the Securities
      and Exchange Commission (the “Effective
      Date”)
      and
      ending on the earliest to occur of (a) the second anniversary of such Effective
      Date, (b) such time as all of the Shares covered by the Registration Statement
      have been publicly sold by the Purchasers pursuant to the Registration
      Statement, or (c) such time as all of the Shares covered by the Registration
      Statement may be sold by the Purchasers without volume restrictions pursuant
      to
      Rule 144 of the Securities Act, in each case as determined by the counsel to
      the
      Company pursuant to a written opinion letter to such effect, addressed and
      acceptable to the Company's transfer agent and the affected Purchasers. Each
      Purchaser covenants and agrees that it will comply with the prospectus delivery
      requirements of the Securities Act as applicable to it in connection with sales
      of Shares pursuant to the Registration Statement. Each Purchaser covenants
      and
      agrees that it will comply with federal and state securities laws applicable
      to
      it in connection with sales of Shares pursuant to the Registration
      Statement.

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    Section
      7. Conditions
      Precedent to the Obligation of the Seller to Sell the Shares on the Closing
      Date.
      The
      obligation hereunder of the Seller to sell the Shares to the Purchasers is
      subject to the satisfaction or waiver, on or before the Closing, of each of
      the
      conditions set forth below.

     

    a. This
      Agreement shall have been executed by the Purchasers and the Company and
      delivered to the Seller;

     

    b. The
      representations and warranties of each Purchaser shall be true and correct
      in
      all material respects as of the date when made and as of the Closing Date;
      and

     

    c. No
      statute, regulation, executive order, decree, ruling or injunction shall have
      been enacted, entered, promulgated or endorsed by any court or governmental
      authority of competent jurisdiction which prohibits the consummation of any
      of
      the transactions contemplated by this Agreement.

     

    Section
      8. Conditions
      Precedent to the Obligation of each Purchaser to Purchase the Shares on the
      Closing Date.
      The
      obligation hereunder of each Purchaser to purchase the Shares from the Seller
      is
      subject to the satisfaction or waiver, on or before the Closing, of each of
      the
      conditions set forth below.

     

    a. This
      Agreement shall have been executed by the Seller and the Company and delivered
      to each Purchaser;

     

    b. The
      representations and warranties of the Seller and the Company shall be true
      and
      correct in all material respects as of the date when made and as of the Closing
      Date;

     

    c. No
      statute, regulation, executive order, decree, ruling or injunction shall have
      been enacted, entered, promulgated or endorsed by any court or governmental
      authority of competent jurisdiction which prohibits the consummation of any
      of
      the transactions contemplated by this Agreement; and

     

    d. The
      Seller and the Company shall have performed, satisfied and complied in all
      material respects with all covenants, agreements and conditions required by
      this
      Agreement to be performed, satisfied or complied with by it at or prior to
      the
      Closing.

     

    Section
      9.  Indemnification.

     

    a. The
      Seller hereby agrees to indemnify and hold harmless each Purchaser and its
      respective officers, directors, shareholders, employees, agents and attorneys
      against any and all losses, claims, damages, liabilities and expenses incurred
      by each such person insofar as such losses, claims, demands, liabilities and
      expenses arise out of or are based upon any breach of any representation,
      warranty or agreement made by the Seller in this Agreement; provided,
      however,
      in no
      event shall the maximum aggregate liability of the Seller to each Purchaser
      pursuant to this Section 9 be in excess of the product of the Purchase Price
      (minus fees payable to Roth in accordance with Section 1) multiplied by the
      aggregate number of Shares purchased by such Purchaser hereunder.

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    b. The
      Seller hereby agrees to indemnify and hold harmless the Company and its
      respective officers, directors, shareholders, employees, agents and attorneys
      against any and all losses, claims, damages, liabilities and expenses incurred
      by each such person insofar as such losses, claims, demands, liabilities and
      expenses arise out of or are based upon (i) any breach of any representation,
      warranty or agreement made by the Seller in this Agreement; (ii) any violation
      or alleged violation by the Seller of the Securities Act, Exchange Act or any
      state securities law or any rule or regulation thereunder, in connection with
      the performance of her obligations under this Agreement; or (3) any untrue
      or
      alleged untrue statement of a material fact made by the Seller in the
      Registration Statement or in any amendment or supplement thereto, or arising
      out
      of or relating to any of the Seller’s omission or alleged omission to state a
      material fact required to be stated therein or necessary to make the statements
      therein not misleading, provided,
      however,
      in no
      event shall the maximum aggregate liability of the Seller to the Company
      pursuant to this Section 9 be in excess of the Sale Amount.

     

    c. Each
      Purchaser, severally and not jointly, hereby agrees to indemnify and hold
      harmless the Seller and her agents and attorneys against any and all losses,
      claims, damages, liabilities and expenses incurred by each such person insofar
      as such losses, claims, demands, liabilities and expenses arise out of or are
      based upon any breach of any representation, warranty or agreement made by
      such
      Purchaser in this Agreement; provided,
      however,
      in no
      event shall the maximum aggregate liability of such Purchaser to the Seller
      pursuant to this Section 9 be in excess of the product of the Purchase Price
      (minus fees payable to Roth in accordance with Section 1) multiplied by the
      aggregate number of Shares purchased by such Purchaser hereunder.

     

    Section
      10. Entire
      Agreement.
      This
      Agreement contains the entire understanding of the parties with respect to
      the
      subject matter hereof and supersedes all prior agreements and understandings,
      oral or written, with respect to such matters. This Agreement may not be amended
      or any provision hereof waived in whole or in part, except by a written
      instrument signed by the parties hereto.

     

    Section
      11. Governing
      Law.
      This
      Agreement shall be governed and interpreted in accordance with the internal
      laws
      of the State of New York, without regard to the principles of conflicts of
      law
      thereof. Each party agrees that all legal proceedings concerning the
      interpretations, enforcement and defense of the transactions contemplated by
      this Agreement (each, a “Proceeding”)
      shall
      be commenced exclusively in the state and federal courts sitting in the City
      of
      New York, Borough of Manhattan (the “New
      York Courts”).
      Each
      party hereby irrevocably submits to the exclusive jurisdiction of the New York
      Courts for the adjudication of all Proceedings, and hereby irrevocably waives,
      and agrees not to assert in any Proceeding, any claim that it is not personally
      subject to the jurisdiction of any New York Court, or that any such New York
      Court is an inconvenient or improper forum for such Proceeding. Each party
      hereby irrevocably waives personal service of process and consents to process
      being served in any Proceeding by mailing a copy thereof via registered or
      certified mail or overnight delivery (with evidence of delivery) to such party
      at the address set forth on the signature page hereto and agrees that such
      service shall constitute good and sufficient service of process and notice
      thereof. Nothing contained herein shall be deemed to limit in any way any right
      to serve process in any manner permitted by law. Each party hereby irrevocably
      waives, to the fullest extent permitted by applicable law, any and all right
      to
      trial by jury in any Proceeding. If there shall be commenced a Proceeding,
      then
      the prevailing party in such Proceeding shall be reimbursed by the adverse
      party
      or parties for its reasonable attorneys fees and other expenses incurred in
      connection therewith.

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    Section
      12. Execution.
      This
      Agreement may be executed in two or more counterparts, all of which when taken
      together shall be considered one and the same agreement and shall become
      effective when counterparts have been signed by each party and delivered to
      the
      other parties, it being understood that all parties need not sign the same
      counterpart. In the event that any signature is delivered by facsimile
      transmission, such signature shall create a valid and binding obligation of
      the
      party executing (or on whose behalf such signature is executed) the same with
      the same force and effect as if such facsimile signature page were an original
      thereof.

     

    Section
      13. The
      Company’s Expenses.
      All
      fees and expenses incident to the Company’s performance of or compliance with
      its obligations under this Agreement shall be borne by the Seller.

     

    

     

    [REMAINDER
      OF PAGE INTENTIONALLY LEFT BLANK

    SIGNATURE
      PAGE TO FOLLOW]

     

     

     

    

 

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

     

    IN
      WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
      executed by their respective authorized signatories as of the date first
      indicated above.

    

     

    SELLER

     

    ________________________________________

    Lifang
      Chen

    

    Address:
      c/o Sutor Technology Group Limited

     
      No. 8, Huaye Road, Dongbang Industrial Park

     
      Changshu, China, 215534 

     

    Facsimile:
      86-512-52687771

     

     

    PURCHASER

     

    ________________________________________

     

    By:_____________________________________

    Name:

    Title:

     

    Address: 

    

    Facsimile:

    Attn:

     

    Number
      of
      Shares being purchased:_____________

     

    
      SUTOR
        TECHNOLOGY GROUP LIMITED

      (FOR
        THE PURPOSE OF SECTIONS 4, 6, 9(b), 

      10,
        11, 12 AND 13 ONLY)

    

     

    By:_____________________________________

    Name:

    Title:

     

    Address:
      No. 8, Huaye Road, Dongbang Industrial Park

     Changshu,
      China, 215534 

    

    Facsimile:
      86-512-52687771

    Attn:
      Chief Executive Officer

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00134-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00134-of-00352.parquet"}]]