Document:

Exhibit
10.25

    Summary
of Articles of Association for

    Guanwei
(Fujian) Electron Technological Industry Co., Ltd.

    

    
      
        	
                Effective

              	 
      	
                May
      2007

              
	 
      	 
      	 
      
	
                Total
      Investment

              	 
      	
                The
      total investment in the Company is $15 million U.S. Dollars.  The
      registered capital of the Company is $8.2 million U.S.
      Dollars.

              
	 
      	 
      	 
      
	
                Governmental
      Approval

              	 
      	
                The
      increase or decrease of the Company’s registered capital, transfer of
      interest in the Company, spin-off of the Company, merger or any other
      significant change in the capital of the Company shall be approved by the
      governmental authority and shall follow the registration procedures
      provided by the local State Industrial and Administrative
      authority.

              
	 
      	 
      	 
      
	
                Board
      of Directors

              	 
      	
                ·    
      The Board of Directors shall be established on the date on which
      the business license of the Company is effective.

              
	 
      	 
      	 
      
	 
      	 
      	
                ·  
        The Board of Directors shall consist of three directors.  The
      directors shall be appointed by shareholders.  One member of the Board
      shall be designated as the Chairman of the Board. The Chairman shall be
      the legal representative of the Company.

              
	 
      	 
      	 
      
	 
      	 
      	
                ·   
       The directors shall serve a term of three years and may be
      re-appointed to serve consecutive terms by the
    shareholders;

              
	 
      	 
      	 
      
	 
      	 
      	
                ·   
       Detailed written minutes shall be prepared for each Board meeting.
      The minutes shall be signed by all the directors or their proxies present
      at the Board meeting.  Each Director shall have one (1)
    vote;

              
	 
      	 
      	 
      
	 
      	 
      	
                ·    
      The Board of Directors shall be responsible to the shareholders, and
      exercise the following functions and powers:

              
	 
      	 
      	
                -     
      to call a shareholders meeting, to report its work to
      shareholders;

              
	 
      	 
      	
                -     
      to implement the decisions of the shareholders;

              
	 
      	 
      	
                -     
      to decide on business plans and strategies of the
  Company;

              
	 
      	 
      	
                -     
      to approve the Company’s annual financial budgets and final
      accounts;

              
	 
      	 
      	
                -     
      to approve the Company’s plans for profits and losses
      distribution;

              
	 
      	 
      	
                -     
      to approve plans for the Company’s increase or reduction of the registered
      capital or for the issuance of corporate bonds;

              
	 
      	 
      	
                -     
      to formulate plans for the merger, division, liquidation, dissolution or
      change of form of the
Company;

              

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      
        	 
      	 
      	
                -     
      to decide on the appointment, removal and remuneration of the Company’s
      general manager, and based on the general manager’s nomination, decide on
      the appointment and dismissal and remuneration of the Company’s vice
      general manager and the chief financial officer;

              
	 
      	 
      	
                -     
      to oversee the internal management system of the
  Company;

              
	 
      	 
      	
                -     
      to design the Company’s rules and regulations; and

              
	 
      	 
      	
                -     
      to decide on other matters as stipulated in this articles of
      association.

              
	 
      	 
      	 
      
	 
      	 
      	
                ·    
      The Board shall convene at least once every year. Upon a written
      proposal by at least one (1) director specifying the matters to be
      discussed, an interim meeting may be called. A quorum for a meeting of the
      Board and an interim meeting shall be two (2) members of the
      Board.

              
	 
      	 
      	 
      
	
                Supervisor

              	 
      	
                The
      Company shall have one Supervisor appointed by the shareholders. The term
      of the Supervisor shall be three (3) years, and may continue upon
      reappointment by the shareholders. The supervisor shall not be a director
      or senior manager of the Company.

              
	 
      	 
      	 
      
	
                General
      Manager

              	 
      	
                The
      Company shall have a general manager and one deputy general manager. The
      deputy general manager position is temporarily vacant. Both of the general
      manager and deputy general manager will be appointed by the Board. The
      general manager shall be accountable to the Board directly. He or she
      shall be in charge of the day to day operation and management of the
      Company in accordance with the Articles of Association and the resolutions
      of the Board. The terms of the general manager and deputy general manager
      shall be three (3) years. They shall continue to serve upon reappointment
      by the Board.

              
	 
      	 
      	 
      
	
                Fiscal
      Year

              	 
      	
                January
      1 to December 31

              
	 
      	 
      	 
      
	
                Distribution
      of Profits

              	 
      	
                The
      Company shall allocate reserve funds, bonuses and welfare funds for
      employees according to relevant China laws and regulations after it has
      paid income taxes and made up any losses incurred in previous years. The
      amount allocated to the reserve fund shall not be lower than 10 percent of
      the Company’s after-tax profits.  When the reserved funds are equal
      to 50 percent of the registered capital, such allocation of the reserved
      funds may be stopped.  The amount allocated to each fund should
      be decided by the Board in reference to the business situation of the
      Company and the applicable legal requirements.

              
	 
      	 
      	 
      
	
                Amendment
      to the Articles of Association

              	 
      	
                Revisions
      to these Articles of Association shall be approved by a resolution of the
      Board and shall be submitted to the government for
    approval.Unassociated Document

     

    Exhibit
10.26

    

    Project
of Jinjiang Technological Plan Contract

    

    
      
        	
                Date:

              	 
      	
                January
      4, 2007

              
	 
      	 
      	 
      
	
                Parties:

              	 
      	
                The
      Science and Technology Bureau of Jinjiang City

              
	 
      	 
      	 
      
	 
      	 
      	
                Guanke
      (Fujian) Electron Technological Industry Co. Ltd.

              
	 
      	 
      	 
      
	
                Term:

              	 
      	
                From
      January 2006 to January 2011

              
	 
      	 
      	 
      
	
                Guanke’s
      Obligations:

              	 
      	
                -  Guanke
      shall develop certain LCD related technologies and products each
      year;

                -  Guanke
      shall use the subsidies only for researching and developing
      purpose;
-  the Science and Technology Bureau of Jinjiang City has
      right to inspect the due performance of the Contract, the proper use
      
    of the subsidies, and to review and accept the
      technologies and products;

                -  technologies
      developed under this Contract will be deemed as state-owned assets;
      provided, however, Guanke shall the perpetual right to use and license
      them.

              
	 
      	 
      	 
      
	
                Subsidies:

              	 
      	
                As
      consideration, Guanke shall receive from the Science and Technology Bureau
      of Jinjiang City subsidies in the total amount of RMB100 million in annual
      installments.

              
	 
      	 
      	 
      
	
                Inspection
      and renewal:

              	 
      	
                The
      Science and Technology Bureau of Jinjiang City will conduct annual
      inspection on Guanke’s performance of the Contract.

              
	 
      	 
      	 
      
	
                Dispute
      resolution:

              	 
      	
                Disputes
      shall be submitted to a mutually agreed arbitration
    tribunal.

              
	 
      	 
      	 
      
	
                Governing
      law:

              	 
      	
                Laws
      of the People’s Republic of
China.Exhibit
10.27

    

    Investment
Agreement of Guanke Guangdian Technology Park

    

    
      
        	
                Date:

              	 	
                March
      31, 2006, supplemented on July 7, 2006.

              
	 
      	 	 
      
	
                Parties:

              	 	
                Guanke
      and the People’s Government of Jinjiang City

              
	 
      	 	 
      
	
                Term:

              	 	
                Ten
      years from July 7, 2006

              
	 
      	 	 
      
	
                The
      agreements:

              	 	
                Pursuant
      to this investment agreement, the government will provide water,
      electricity, and road access for Guanke to construct and develop its
      manufacturing facilities in the Guanke Technology Park.

                 
      

                Guanke
      agreed to invested at least US$50 million to develop Guanke Technology
      Park on the premises.

                   
      

                Guanke
      has the right to use a 418 mu (approximately
      278,668 square meters) property, which consists of one parcel of 50 mu in Houjunkeng and another
      of 368 mu in
      Luoshan Houlin
      according to following terms: (i) the unit price for the land use right
      was RMB153,900 per mu subject to certain
      adjustment; (ii) within ten years from March 31, 2006, Guanke shall not
      transfer, assign, lease or change the nature of the land use right from
      industrial use to any other purposes; however, Guanke has the right to
      incur mortgage upon the land; (iii) Guanke is eligible for all the
      preferential policies promulgated by the People’s Government of Jinjiang
      City during the term of this investment agreement.  This agreement could
      be amended or supplemented by mutual consent of both
    parties.

              
	 
      	 	 
      
	
                Governing
      law:

              	 	
                Laws
      of the People’s Republic of
China.

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