Document:

Exhibit 10.2

                            STOCK PURCHASE AGREEMENT
                                                         Reference No.:2009SPA-2

     This Stock Purchase Agreement ("Agreement") made this 29th day of September
2009,  by  and  among  Christopher  Coldicutt,  ("Seller"),  certain  purchasers
("Purchasers")   as  listed  in  Exhibit  A,  Wollemi  Mining  Corp.  ("WTC"  or
"Company"),  and Hu Yicheng  ("Purchasers'  Representative")  setting  forth the
terms and  conditions  upon which the  Seller  will sell  certain  shares of the
common  stock of the Company  (the  "Shares"),  personally  owned by Seller,  to
Purchasers ("Transaction").

     IN  CONSIDERATION OF THE MUTUAL PROMISES,  COVENANTS,  AND  REPRESENTATIONS
CONTAINED HEREIN, THE PARTIES HERETO AGREE AS FOLLOWS:

                                   WITNESSETH:

     WHEREAS, Purchasers have appointed Mr.Hu Yicheng, to act as the Purchasers'
representative ("Purchasers' Representative") for this Transaction.

     WHEREAS,  the Seller has appointed Robert C. Weaver,  Jr., Attorney At Law,
to  act as  the  Sellers'  Escrow  Agent  ("Sellers'  Escrow  Agent")  for  this
Transaction  and to  receive  and  hold  all  consideration  received  from  the
Purchasers'  Escrow  Agent for the sale of the Shares and all  documents,  stock
certificates,  stock  powers  and  corporate  records  of WTC,  in the Robert C.
Weaver, Jr. Attorney-Client Trust Account,  unless other arrangements are agreed
to by all parties.

     WHEREAS, the Purchasers' Representative has appointed Charles Law, Attorney
At  Law,  to  act  as the  Purchasers'  Agent  ("Purchasers'  Agent")  for  this
transaction  and to receive and hold all documents,  stock  certificates,  stock
powers and corporate  records of WTC received from the Sellers' Escrow Agent for
the sale of the Shares and, the  Purchasers'  Representative  has also appointed
John  B.  Lowy,  Attorney  At  Law,  to  act  as the  Purchasers'  Escrow  Agent
("Purchasers' Escrow Agent") to receive and hold all consideration received from
the Purchasers' Representative in the John B. Lowy Attorney-Client Trust Account
for the purchase of the Shares,  unless other  arrangements are agreed to by all
parties.

     WHEREAS, the Seller, Purchasers' Representative, Sellers' Escrow Agent, and
Purchasers'  Escrow  Agent,  have entered into an Escrow  Agreement  dated as of
September  29, 2009,  the date of this  Agreement,  and the Escrow  Agreement is
attached hereto as Exhibit B.

     NOW  THEREFORE,  in  consideration  of the mutual  promises,  covenants and
representations contained herein, the parties herewith agree as follows:

                                    ARTICLE I
                               SALE OF SECURITIES

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     1.01  Sale.  Subject to the terms and  conditions  of this  Agreement,  the
Seller agrees to sell the 1,206,667 Shares (that is 1,810,000 post split Shares)
for  a  total  of  One  Hundred  and  Seventy  Five  Thousand   Dollars   (U.S.)
($175,000.00) (the "Purchase Price").  This is a private transaction between the
Seller and Purchasers.

     1.02 Escrow Agent. The Seller and Purchasers' Representative hereby appoint
Robert C. Weaver,  Jr., and John B. Lowy, to act as Sellers'  Escrow Agent,  and
Purchasers' Escrow Agent, respectively, pursuant to an Escrow Agreement dated as
of September 29, 2009,  the same date as this  Agreement.  This  Agreement,  the
Escrow  Agreement,  and all documents and funds will be held in escrow until the
Closing,  except as  specifically  agreed  to be  released  from  escrow in this
Agreement.

     1.03 Deposit: (a) It is understood that a deposit ("Deposit") in the amount
of  Forty   Thousand   Dollars   ($40,000)   has  been   wired  by   Purchasers'
Representative,  and received by, the John B. Lowy Attorney-Client Trust Account
as the Deposit on the sale of the Shares  being sold by the Seller,  and will be
held in the Escrow  Account  until Closing (as defined in Article 3.01) or until
released as per other sections of this Agreement.

     (b) The Parties hereto  acknowledge  that  immediately  upon receipt of the
Deposit by the  Purchasers'  Escrow Agent,  Seller's  Escrow Agent  forwarded by
overnight  delivery,  or by email,  to  Purchasers'  Escrow  Agent for review by
Purchasers' Representative, a due-diligence package in electronic version, which
included soft copies of original  documents of the Company which the Purchasers'
Representative  requested,  including,  but not  limited to,  articles,  bylaws,
minutes,  contracts  or  agreements,  if  any,  financial  statements,   current
certified  shareholder list, copies of all FINRA and SEC  correspondence,  state
and Federal tax returns,  and other  documents that were available and requested
by the Purchasers.  By signing this Agreement,  the Purchaser  acknowledges  and
agrees that the Purchasers have reviewed the Company's due diligence package and
have accepted the Company.

     (c) It is agreed that after both this  Agreement  and the Escrow  Agreement
(which is attached to this  Agreement  as Exhibit B) are signed by all  Parties,
one-half of the Deposit,  i.e. $20,000,  shall be released from the John B. Lowy
Attorney-Client  Trust  Account  and wired as  instructed  by the  Seller;  this
$20,000  is  subject  to being  returned  as  provided  later in this  paragraph
1.03(c).  The Seller and  Purchasers  acknowledge  that the Company has recently
filed with FINRA,  and given notice to the appropriate  agencies,  the Company's
intention  to forward  split its  outstanding  3,000,000  shares on a  1.5-for-1
basis,  to  4,500,000  shares.  The Seller  hereby  agrees that if the  proposed
forward  split is not approved by FINRA  within 30 days after the forward  split
application is filed with FINRA, then at Purchasers' Representative's option, by
giving written notice to Seller and the Purchasers'  Escrow Agents,  Purchasers'
Representative  may  cancel  this  Agreement,  and have the entire  $40,000  Due
Diligence Deposit returned, contingent upon Purchasers' Representative returning
any and all due diligence documentation provided by the Company.

     (d)  Purchasers'  Representative  warrants and  represents  that before the
Closing (as defined below),  Purchasers will provide the Company and Seller with
the names and business  backgrounds of the persons who will become the Company's
management as of the Closing.

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     (e) Account  wire  transfer  instructions  for the  Deposit,  transfer  and
payment of funds herein are stated in an exhibit to the Escrow Agreement that is
attached to this Agreement as Exhibit B.

     1.04 Balance of Purchase Price. It is agreed that the balance of the amount
due to the Seller,  i.e.  $135,000 (the "Balance"),  will be wire transferred to
the  Purchasers'  Escrow Agent  immediately  upon this  Agreement and the Escrow
Agreement being signed by all Parties to those Agreements,  and that the Closing
will take place  immediately  after,  on the condition  that, (a) the Balance is
received by the Purchasers'  Escrow Agent,  and (b) the Company  receives notice
that FINRA has  approved the forward  split,  unless a delay is agreed to by the
Parties signing this Agreement. It is agreed that all of the Shares shall remain
in the  Purchasers'  Escrow  Account  until the full amount of $175,000 has been
paid into Sellers'  Escrow,  immediately  after which the Closing on the sale of
the Shares shall take place and all stock certificates shall be delivered to the
Purchasers'  Representative  along with all documents listed in paragraphs 2.12,
2.13 and 3.02 below.

                                   ARTICLE II
                         REPRESENTATIONS AND WARRANTIES

     The Seller and the Company hereby  represent and warrant to the Purchasers'
Representative the following:

     2.01 Organization.  WTC is a Delaware  corporation duly organized,  validly
existing,  and in good standing under the laws of that state,  has all necessary
corporate  powers  to own  properties  and  carry  on a  business,  and is  duly
qualified  to do business  and is in good  standing in the state of Delaware and
elsewhere. All actions taken by the incorporators, directors and/or shareholders
of WTC have been valid and in accordance with the laws of the state of Delaware.
The Company is a reporting  company as  described  by  Securities  and  Exchange
Commission  ("SEC"),  pursuant to Section 15d of the Securities  Exchange Act of
1934, and is current in its filings,  and will remain current up to the Closing.
The Company is currently  quoted on the OTCBB,  symbol WOLI. After the Purchase,
the Purchasers of the Shares shall file the appropriate filings, if so required,
disclosing  the  acquisition  of  the  Shares  by  the  Purchasers  ("Disclosure
Document").

     2.02 Capital.  The  authorized  capital stock of WTC consists of 75,000,000
shares of Common Stock,  $0.0001 par value, of which 3,000,000  shares of Common
Stock are  issued  and  outstanding,  consisting  of the  2,000,000  Shares  and
1,000,000  shares  that were  registered  with the SEC on Form S-1.  There is no
Preferred Stock  authorized.  Upon the effectiveness of the stock forward split,
the authorized capital stock of WTC shall consist of 75,000,000 shares of Common
Stock,  $0.0001 par value, of which 4,500,000  shares of Common Stock are issued
and outstanding, consisting of the 3,000,000 Shares that are the subject of this
Agreement and 1,500,000 registered shares. All outstanding shares are fully paid
and non-assessable, free of liens, encumbrances, options, restrictions and legal
or  equitable  rights of others not a party to this  Agreement.  At the Closing,
there  will  be  no  outstanding   subscriptions,   options,  rights,  warrants,
convertible  securities,  or other  agreements or commitments  obligating WTC to
issue or to transfer from treasury any  additional  shares of its capital stock.
None of the  outstanding  Shares of WTC are  subject  to any  stock  restriction
agreements.  There are approximately 26 shareholders of record of WTC, and there

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are no shares in street name. All of such  shareholders have valid title to such
shares and acquired their shares in a lawful  transaction and in accordance with
Delaware corporate law and the applicable securities laws of the United States.

     2.03  Financial  Statements.  The Company is a reporting  company under SEC
rules and audited financial statements can be found on Edgar.

     2.04  Filings  with  Government  Agencies.  WTC is a Section 15d  reporting
company and files  annual and  quarterly  reports with the SEC and is current in
all filings.  WTC has made all required  filings with the state of Delaware that
might be  required.  Upon the  purchase of the Shares by the  Purchasers,  those
Purchasers  will have the full  responsibility  for filing any and all documents
required by the Securities and Exchange Commission,  and/or any other government
agency  that  may  be   required.   The  Seller  will  supply  the   Purchasers'
Representative with all information that is currently available for the Company.
The  Purchasers   understands  that  the  Seller  will  have  no  responsibility
whatsoever  for any filings made by the Company  after the Closing,  either with
the SEC, FINRA or with the State of Delaware.

     It is agreed that the Seller and the Company  will be  responsible  for all
filings required up to the time of Closing,  including the Form 10-K due for the
period  ended  December 31, 2008 and the Form 10-Q for the period ended June 30,
2009.  The Seller will fully  cooperate with and should cause the current CPA of
the  Company  to  fully  cooperate  with  the  Purchaser  with  respect  to  the
information  required  for the  filing of the Form 10-Q for the  quarter  ending
September  30,  2009,  which  filing  will be made by the  Purchaser,  after the
Closing.

     2.05  Liabilities.  It is  understood  and agreed that the  purchase of the
Shares is  predicated  on WTC not having any  liabilities  at  Closing,  and the
Company will not, as of Closing, have any debt, liability,  or obligation of any
nature,  whether accrued,  absolute,  contingent,  or otherwise that will not be
paid at Closing.  Both the Seller and the Company are not aware of any  pending,
threatened or asserted claims,  lawsuits or contingencies  involving the Company
or its Shares.  There is no dispute of any kind between WTC and any third party,
and no such  dispute will exist at the Closing of this  transaction,  and at the
Closing,  WTC will be free from any and all  liabilities,  liens,  claims and/or
commitments.  The Seller  agrees to indemnify  the  Purchasers  against any past
liabilities  pertaining  to its conduct of business  that should  arise within 3
months of closing.

     2.06 Tax Returns. WTC has filed all required state and Federal tax returns.
As of Closing, there shall be no taxes of any kind due or owing.

     2.07 Ability to Carry Out Obligations. The Seller has the right, power, and
authority to enter into, and perform his obligations  under this Agreement.  The
execution and delivery of this  Agreement by the Seller and the  performance  by
the Seller of his obligations hereunder will not cause, constitute,  or conflict
with or result in (a) any breach or  violation  or any of the  provisions  of or
constitute  a  default  under  any  license,   indenture,   mortgage,   charter,
instrument,  articles of incorporation,  bylaw, or other agreement or instrument
to which WTC the officers, directors or Seller are a party, or by which they may
be bound, nor will any consents or  authorizations of any party other than those
hereto be  required,  (b) an event that would cause WTC  (and/or  assigns) to be

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liable to any  party,  or (c) an event  that  would  result in the  creation  or
imposition of any lien,  charge,  or encumbrance on any asset of WTC or upon the
Shares of the Company to be acquired by the Purchasers.

     2.8  Contracts,  Leases  and  Assets.  WTC is not a party to any  contract,
agreement or lease,  other than the normal  contract with the Transfer Agent. No
person holds a power of attorney  from WTC or the Seller.  At the  Closing,  WTC
will have no assets or liabilities of any kind or nature.

     2.9 Compliance  with Laws. To the best of knowledge of the Seller,  WTC has
complied in all material respects, with, and is not in violation of any, and has
not received notice of any violation of, federal,  state, or local statute, law,
and/or regulation  pertaining.  To the best of the knowledge of the Seller,  WTC
has complied  with,  and has not received  notice of a violation of, all federal
and state securities laws in connection with the offer, sale and distribution of
its  securities.  At the time that WTC  issued  the  Shares to the  Seller,  the
Company was entitled to use the  exemptions  provided by the  Securities  Act of
1933 relative to the sale of its Shares.  The Shares being sold herein are being
sold in a private  transaction  between the Seller and the  Purchasers,  and the
Seller  make no  representation  as to whether the Shares are subject to trading
restrictions under the Securities Act of 1933, as amended and rules thereunder.

     2.10  Litigation.  Prior to the  Closing,  WTC is not a party to any  suit,
action, arbitration, or legal, administrative,  or other proceeding, and has not
received notice of any pending governmental investigation. There is no basis for
any such action or  proceeding  and no such action or  proceeding  is threatened
against  WTC.  WTC is not a party to or in  default  with  respect to any order,
writ,  injunction,  or decree of any federal,  state,  local,  or foreign court,
department, agency, or instrumentality.

     2.11  Conduct of  Business.  Prior to the  Closing,  WTC shall  conduct its
business in the normal course, and shall not (without the prior written approval
of Purchasers'  Representative)  (i) sell,  pledge,  or assign any assets,  (ii)
amend its  Certificate  of  Incorporation  or Bylaws,  (iii) declare  dividends,
redeem or sell stock or other  securities,  except for the  aforesaid  1.5-for-1
forward  split,  (iv)  incur any  liabilities,  except in the  normal  course of
business,  (v)  acquire  or  dispose of any  assets,  enter  into any  contract,
guarantee  obligations  of any  third  party,  or  (vi)  enter  into  any  other
transaction.

     2.12 Corporate Documents.  Each of the following original documents,  which
shall be true,  complete and correct in all material respects,  will be given to
Purchasers at the Closing:

     (i)      Certificate of Incorporation and all amendments thereto;
     (ii)     Bylaws and all amendments thereto;
     (iii)    Minutes and Consents of Shareholders;
     (iv)     Minutes and Consents of the board of directors;
     (v)      List of officers and directors;
     (vi)     Certificate  of Good  Standing  from  the  Secretary  of  State of
              Delaware;
     (vii)    Current certified Shareholder list from the Transfer Agent;
     (viii)   Stock register and stock certificate records, if any; and
     (ix)     EDGAR filing codes.

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     2.13 Closing Documents.  All original minutes,  consents or other documents
pertaining  to WTC will be delivered  to Purchaser at the Closing,  all of which
shall be valid and in accordance with the laws of Delaware.

     2.14 Title.  The Seller has good and marketable  title to all of the Shares
being sold by him to the Purchasers pursuant to this Agreement.  The Shares will
be, at the Closing,  free and clear of all liens,  security interests,  pledges,
charges,  claims,   encumbrances  and  restrictions  of  any  kind,  except  for
restrictions on transfer  imposed by federal and state  securities laws. None of
the Shares are or will be subject to any voting  trust or  agreement.  No person
holds or has the right to receive any proxy or similar  instrument  with respect
to such  Shares.  Except  for this  Agreement,  the Seller is not a party to any
agreement  which offers or grants to any person the right to purchase or acquire
any of the Shares.  There is no applicable  local,  state or federal law,  rule,
regulation,  or decree which would, as a result of the purchase of the Shares by
Purchasers (and/or assigns) impair, restrict or delay voting rights with respect
to the Shares.

     2.15  Transfer  of Shares.  The  Seller  will have the  responsibility  for
sending all certificates representing the shares being purchased, along with the
proper Stock Powers with Signature  Guarantees  acceptable to the Transfer Agent
for delivery to the Purchasers.

     The Purchasers will have the responsibility of sending the certificates for
the Shares, along with the above-referred to stock powers, to the Transfer Agent
for the Company to have the certificates changed into their respective names and
denominations, and the Purchasers shall be responsible for all costs involved in
such changes and in mailing new certificates to all shareholders.

     2.16 Subsidiary.  The Company has no subsidiaries or any direct or indirect
ownership interest in any other corporation,  partnership,  association, firm or
business in any manner.

      2.17 Representations.  All representations shall be true as of the Closing
and all such representations shall survive the Closing.

                                   ARTICLE III
                                     CLOSING

     3.01 Closing for the Purchase of Common Stock.  The Closing (the "Closing")
of this  transaction  for the Shares of Common Stock being  purchased will occur
immediately after all of the documents,  conditions and consideration  described
in Paragraphs 1.04, 2.12 above and in 3.02 below, have been delivered,  or other
arrangements made and agreed to.

     This  Agreement may be  terminated  in the event of any material  breach by
either party.

     3.02  Documents  and Payments to be Delivered at Closing of the Purchase of
the  Shares.  As  part of the  Closing  of the  purchase  of the  Shares,  those

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documents listed in 2.12 of this Agreement,  as well as the following documents,
in form reasonably acceptable to counsel to the parties, shall be delivered:

     (a) By the Seller:

          (i) stock  certificate or  certificates,  along with stock powers with
     signature  guarantees  acceptable  to  the  transfer  agent,   representing
     2,000,000 of the Seller's shares, endorsed in favor of the name or names as
     designated by Purchasers'  Representative  or left blank,  as instructed by
     Purchasers;

          (ii) the resignation of all officers of the Company.

          (iii) the  appointment of a new President,  Secretary and Treasurer of
     the  Company  as  designated  by   Purchasers'   Representative,   and  the
     resignation of all officers of WTC.

          (iv) the  appointment  of new  directors of WTC as  designated  by the
     Purchasers'  Representative  and the  resignation  of all of WTC's  current
     directors.

          (v) All of the business and  corporate  records of WTC,  including but
     not limited to correspondence files, bank statements,  checkbooks,  savings
     account books,  minutes of shareholder and directors  meetings or consents,
     financial  statements,   shareholder  listings,   stock  transfer  records,
     agreements and contracts that exist;

          (vi) Such other  documents  of WTC as may be  reasonably  required  by
     Purchasers' Representative, if available.

     (b) By Purchasers' Representative:

          (i) wire transfer to the Robert C. Weaver, Jr.  Attorney-Client  Trust
     Account the amount of $175,000,  representing  the $135,000  Balance of the
     payment  for the  Purchase  Price for the Shares,  plus  $40,000 of the Due
     Diligence  Deposit  which had been  retained  in the escrow  account of the
     Purchasers' Escrow Account. The total of $135,000 being wire transferred to
     the Seller's  Escrow Agent in accordance  with this  paragraph  3.02(b)(i),
     plus the $40,000 released from escrow in accordance with paragraph 1.03(c),
     represents the full payment of $175,000 for the Shares being purchased.

       3.03  Conditions to Closing.  The  obligations of the Purchasers to enter
into and complete the Closing are subject to the  fulfillment on or prior to the
Closing Date of the following conditions:

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          (a) No  Material  Adverse  Change.  There  shall  not  have  been  any
     occurrence,  event, incident,  action, failure to act, or transaction since
     June 30,  2009  which has had or is  reasonably  likely to cause a material
     adverse effect on the Company.

          (b) Forward Stock Split. The Company has approved a 1.5-for-1  forward
     split of its issued and  outstanding  shares,  and has given  notice to the
     SEC, and has filed the  application  for the forward split with FINRA (with
     the record date to be a date after the Closing),  and has delivered all the
     filing of the forward split  application with FINRA to the Purchasers;  and
     FINRA has approved the 1.5-for-1 forward split.

          (c)  Satisfactory  Continued Due Diligence.  Notwithstanding  that the
     Purchasers  have  completed  their  legal,   accounting  and  business  due
     diligence of the Company and have  accepted  the  Company,  as set forth in
     Section 1.03(b), the Due Diligence shall continue to be satisfactory to the
     Purchasers in their sole and absolute discretion.

          (d)  Legal  Opinion.  The legal  opinion  of the  Company's  attorney,
     addressed  to  the   Purchasers,   that  (A)  1,000,000  of  the  Company's
     pre-forward split shares were duly and properly  registered with the SEC on
     Form S-1, and are currently free-trading, and (B) the 1,000,000 pre-forward
     split  registered  shares,  together  with the 500,000  shares  issuable in
     connection  with the  1.5-for-1  forward  split,  are  freely  transferable
     without  restriction  and  without   registration  being  required  by  the
     Securities Act of 1933;

                                   ARTICLE IV
                          INVESTMENT INTENT AND LOCK-UP

     4.01 Investment  Intent.  The Purchasers are acquiring the Shares for their
own account for investment, and not with a view toward distribution thereof.

     4.02 No  Advertisement.  The Purchasers  acknowledges  that the Shares have
been offered to them in direct  communication  between them and Seller,  and not
through any advertisement of any kind.

     4.03 Knowledge and  Experience.  (a) The Purchasers  acknowledge  that they
have been  encouraged  to seek their own legal and  financial  counsel to assist
them in evaluating  this purchase.  The Purchasers  acknowledge  that Seller has
given them and all of their  counselors  access to all  information  relating to
WTC's  business  that they or any one of them  have  requested.  The  Purchasers
acknowledge  that they have sufficient  business and financial  experience,  and
knowledge  concerning  the affairs and conditions of WTC so that they can make a
reasoned decision as to this purchase of the Shares and is capable of evaluating
the merits and risks of this purchase.

     4.04  Restrictions  on  Transferability.  The  Purchasers  are aware of the
restrictions  of  transferability  of the Shares  and  further  understands  the
certificates shall bear the following legend.

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          (a) THIS  SECURITY HAS NOT BEEN  REGISTERED  WITH THE  SECURITIES  AND
     EXCHANGE  COMMISSION  UNDER THE  SECURITIES  ACT OF 1933,  AS AMENDED  (THE
     "ACT"),  IN  RELIANCE  UPON THE  EXEMPTION  FROM  REGISTRATION  PROVIDED IN
     SECTIONS  4(1) AND 4(2)  AND  REGULATION  D UNDER  THE  ACT.  AS SUCH,  THE
     PURCHASE OF THIS  SECURITY WAS MADE WITH THE INTENT OF  INVESTMENT  AND NOT
     WITH A VIEW FOR DISTRIBUTION.  THEREFORE,  ANY SUBSEQUENT  TRANSFER OF THIS
     SECURITY OR ANY INTEREST  THEREIN WILL BE UNLAWFUL  UNLESS IT IS REGISTERED
     UNDER THE ACT OR UNLESS AN EXEMPTION FROM REGISTRATION IS AVAILABLE.

          (b) WTC and/or Seller has neither filed such a registration  statement
     with the SEC or any state authorities nor agreed to do so, nor contemplates
     doing so in the future for the shares being  purchased,  and in the absence
     of such a registration  statement or exemption,  the Purchasers may have to
     hold the Shares indefinitely and may be unable to liquidate them in case of
     an emergency.

     4.05  Lock-up.  The Company  acknowledges,  and each of  Purchasers  hereby
understand  and  undertakes  that,  without  the prior  written  consent  of the
Company,  for a period of 24 months from the Closing date, the Purchasers  shall
not directly or  indirectly  sell,  make any short sale of, grant any option for
the purchase of, or otherwise  transfer or dispose of any shares he or she holds
in the Company.  After 24-month period  described above, the Purchasers shall be
entitled to effect the registration under the Securities Act.

                                    ARTICLE V
                                    REMEDIES

     5.01 Arbitration.  Any controversy of claim arising out of, or relating to,
this Agreement, or the making,  performance, or interpretation thereof, shall be
settled by  arbitration  in California in accordance  with the Rules of the U.S.
Arbitration Association then existing, and judgment on the arbitration award may
be entered  in any court  having  jurisdiction  over the  subject  matter of the
controversy.

     5.02  Termination.  In addition to any other  remedies,  the Purchasers may
terminate this  Agreement,  if at the Closing,  the Seller have failed to comply
with all material  terms of this  Agreement  has failed to supply any  documents
required by this Agreement  unless they do not exist,  or has failed to disclose
any  material  facts which could have a  substantial  effect on any part of this
transaction.

     5.03 Indemnification.  From and after the Closing, the Parties, jointly and
severally,  agree to indemnify the other against all actual losses,  damages and
expenses,  including  attorneys' fees, caused by (i) any material breach of this
Agreement by them or any material  misrepresentation  contained  herein, or (ii)
any  misstatement  of a  material  fact or  omission  to state a  material  fact
required to be stated  herein or  necessary  to make the  statements  herein not
misleading.

                                       9
<PAGE>
     5.04 Indemnification Non-Exclusive. The foregoing indemnification provision
is in addition to, and not derogation of any statutory,  equitable or common law
remedy any party may have for breach of  representation,  warranty,  covenant or
agreement.

                                   ARTICLE VI
                                  MISCELLANEOUS

     6.01 Captions and Headings.  The article and paragraph headings  throughout
this Agreement are for  convenience  and reference  only, and shall in no way be
deemed  to  define,  limit,  or add to the  meaning  of any  provision  of  this
Agreement.

     6.02 No Oral Change.  This Agreement and any provision  hereof,  may not be
waived,  changed,  modified, or discharged,  orally, but only by an agreement in
writing  signed by the party  against whom  enforcement  of any waiver,  change,
modification, or discharge is sought.

     6.03 Non Waiver.  Except as otherwise  expressly provided herein, no waiver
of any covenant,  condition,  or provision of this Agreement  shall be deemed to
have been made unless  expressly in writing and signed by the party against whom
such waiver is charged; and (i) the failure of any party to insist in any one or
more  cases  upon  the  performance  of  any of the  provisions,  covenants,  or
conditions of this  Agreement or to exercise any option herein  contained  shall
not be  construed  as a waiver  or  relinquishment  for the  future  of any such
provisions,  covenants,  or  conditions,  (ii) the  acceptance of performance of
anything required by this Agreement to be performed with knowledge of the breach
or failure of a covenant,  condition,  or provision hereof shall not be deemed a
waiver of such breach or failure, and (iii) no waiver by any party of one breach
by another  party shall be  construed  as a waiver with  respect to any other or
subsequent breach.

     6.04 Time of Essence.  Time is of the essence of this Agreement and of each
and every provision hereof.

     6.05 Entire  Agreement.  This Agreement,  including any and all attachments
hereto,  including the Escrow Agreement  attached as an exhibit hereto,  contain
the entire Agreement and  understanding  between the parties hereto with respect
to  the  purchase  of  the  Shares,  and  supersede  all  prior  agreements  and
understandings.

     6.06 Partial Invalidity. In the event that any condition, covenant or other
provision  of this  Agreement  is held to be  invalid  or void by any  court  of
competent jurisdiction,  it shall be deemed severable from the remainder of this
Agreement  and shall in no way affect  any other  condition,  covenant  or other
provision of this Agreement.  If such condition,  covenant or other provision is
held to be invalid  due to its scope or  breadth,  it is agreed that it shall be
deemed to remain valid to the extent permitted by law.

     6.07 Significant  Changes.  The Seller understands that significant changes
may be made in the  capitalization  and/or stock ownership of WTC, which changes

                                       10
<PAGE>
could involve a reverse  stock split and/or the issuance of  additional  shares,
thus possibly  having a dramatic  negative effect on the percentage of ownership
and/or number of shares owned by present shareholders of WTC.

     6.09 Counterparts.  This Agreement may be executed simultaneously in one or
more counterparts,  each of which shall be deemed an original,  but all of which
together shall constitute one and the same instrument. Facsimile signatures will
be acceptable to all parties.

     6.09 Notices.  All notices,  requests,  demands,  and other  communications
under this  Agreement  shall be in writing and shall be deemed to have been duly
given on the date of service if served personally on the party to whom notice is
to be given,  or on the third day after  mailing  if mailed to the party to whom
notice is to be given,  by first class mail,  registered or  certified,  postage
prepaid,  or on the second day if faxed, and properly  addressed or faxed to the
persons stated in Annex A - Notices and Wiring Instructions  attached hereto and
made a part hereof.

     6.10 Binding Effect.  This Agreement shall inure to and be binding upon the
heirs, executors,  personal  representatives,  successors and assigns of each of
the parties to this Agreement.

     6.11 Effect of Closing. All  representations,  warranties,  covenants,  and
agreements of the parties  contained in this  Agreement,  or in any  instrument,
certificate,  opinion,  or other  writing  provided for in it, shall be true and
correct as of the Closing and shall survive the Closing of this Agreement.

     6.12 Mutual Cooperation. The parties hereto shall cooperate with each other
to achieve  the  purpose of this  Agreement,  and shall  execute  such other and
further documents and take such other and further actions as may be necessary or
convenient to effect the transaction described herein.

     6.13  Governing Law. This  Agreement  shall be interpreted  and governed in
accordance  with the laws of the State of  Delaware.  The Parties  herein  waive
trial by  jury.  In the  event  that  litigation  results  or arise  out of this
Agreement or the  performance  thereof,  the Parties  agree that the  prevailing
party is entitled to reimbursement  for the  non-prevailing  party of reasonable
attorney's  fee, costs,  expenses,  in addition to any other relief to which the
prevailing party may be entitled.

                                       11
<PAGE>
     In witness  whereof,  this  Agreement has been duly executed by the parties
hereto as of the date first above written.

SELLER

SIGNED by

Christopher Coldicutt                        /s/ Christopher Coldicutt
                                             -----------------------------------
COMPANY

SIGNED by

Susana Gomez
Chief Executive Officer                      /s/ Susana Gomez
                                             -----------------------------------

PURCHASERS' REPRESENTATIVE

SIGNED by

Susana Gomez                                 /s/ Susana Gomez
                                             -----------------------------------
PURCHASERS

SIGNED by

Liu Dongping                                 /s/ Liu Dongping
                                             -----------------------------------
SIGNED by

Hu Yicheng                                   /s/ Hu Yicheng
                                             -----------------------------------
SIGNED by

Yang Ming                                    /s/ Yang Ming
                                             -----------------------------------
SIGNED by

Chen Hongmei                                 /s/ Chen Hongmei
                                             -----------------------------------
SIGNED by

Wang Chen                                    /s/ Wang Chen
                                             -----------------------------------

                                       12
<PAGE>
Exhibit A-LIST OF PURCHASERS

                               LIST OF PURCHASERS

                                            Number of Shares Purchased under
                                             this Stock Purchase Agreement
        Name of Purchasers                   (upon the forward stock split)
        ------------------                   ------------------------------

          Liu Dongping                                    10,000
          Hu Yicheng                                     300,000
          Yang  Ming                                     600,000
          Chen Hongmei                                   300,000
          Wang Chen                                      600,000

          TOTAL                                        1,810,000

                                       13
<PAGE>
Exhibit B-ESCROW AGREEMENT

                                ESCROW AGREEMENT

     This Escrow  Agreement made this 29th day of September,  2009, by and among
Christopher    Coldicutt,    ("Seller"),    Mr.   Hu    Yicheng    ("Purchasers'
Representative"),  representing certain Purchasers ("Purchasers"), and Robert C.
Weaver,  Jr., Attorney At Law ("Sellers' Escrow Agent"),  and John B. Lowy, P.C.
Attorney At Law, ("Purchasers' Escrow Agent"),  collectively the "Escrow Agents"
or "Escrow Agent."

     IN  CONSIDERATION OF THE MUTUAL PROMISES,  COVENANTS,  AND  REPRESENTATIONS
CONTAINED HEREIN, THE PARTIES HERETO AGREE AS FOLLOWS:

                                   WITNESSETH

WHEREAS:

A.   Seller is selling a total of 1,206,667 shares (1,810,000 post-split shares)
     of Common Stock of Wollemi Mining Corp. ("Shares"), a Delaware corporation,
     for a total of One Hundred and Seventy Five Thousand Dollars  ($175,000.00)
     ("Total Purchase Price").

B.   Seller and Purchasers have entered into a Stock Purchase  Agreement ("Stock
     Purchase  Agreement")  dated  September  29,  2009,  to which  this  Escrow
     Agreement is attached and made a part hereof.

C.   It is  necessary  to  establish  an escrow  for the  consideration  and all
     documents,  stock  certificates,  stock powers and  corporate  records with
     respect to the transaction.

D.   Seller desires that,  Robert C. Weaver,  Jr., serve as the Sellers'  Escrow
     Agent in connection with the transaction.

E.   Purchasers desire that, John B. Lowy, P.C. serve as the Purchasers'  Escrow
     Agent in connection with the transaction.

     NOW,  THEREFORE,  in consideration of the foregoing recitals and the mutual
covenants and obligations herein contained, the parties hereto agree as follows:

     1.  DEPOSIT.  Pursuant  to  the  Stock  Purchase  Agreement  section  1.03,
Purchasers has forwarded an amount of $40,000 by wire transfer as a Deposit (the
"Deposit") to  Purchasers'  Escrow Agent  Attorney  Trust Account and the Escrow
Agents  shall carry out the  instructions  in said  section  1.03.  Account wire
transfer instructions for the deposit,  transfer and payment of funds herein are
stated in Annex A- Notices and Wiring  Instructions  attached  hereto and made a
part hereof.

                                       14
<PAGE>
     2.  BALANCE OF  PURCHASE  PRICE.Pursuant  to the Stock  Purchase  Agreement
section  1.04,  Purchasers  will  forward  the  balance of the amount due to the
Seller by wire transfer to Sellers'  Escrow Agent Attorney Trust Account and the
Escrow Agents shall carry out the instructions in said section 1.04.

     3.  CLOSING.  The Closing shall take place  pursuant to the Stock  Purchase
Agreement Article III, and the Escrow Agents shall carry out the instructions in
said Article III.

     4. The term "Escrow Agent" in this Agreement means both the Sellers' Escrow
Agent and the Purchasers' Escrow Agent. The Escrow Agent shall have no duties or
obligations  other than those  specifically set forth herein.  The acceptance by
the Escrow  Agent of its duties  under this Escrow  Agreement  is subject to the
terms and conditions hereof,  which shall govern and control with respect to its
rights, duties, liabilities and immunities.

     5.  Seller and  Purchasers'  Representative  understand  and agree that the
Escrow Agent is not a principal,  participant,  or beneficiary of the underlying
transactions which necessitate this Escrow Agreement.  The Escrow Agent shall be
obligated only for the performance of such duties as are  specifically set forth
herein and may rely and shall be protected in acting or  refraining  from acting
on any  instrument  believed  by it to be  genuine  and to have  been  signed or
presented by the proper party or parties,  their  officers,  representatives  or
agents.  So long as the Escrow Agent has acted in good faith or on the advice of
counsel or has not been guilty of willful  misconduct or gross  negligence,  the
Escrow Agent shall have no liability  under, or duty to inquire beyond the terms
and provisions,  of this Escrow Agreement,  and it is agreed that its duties are
purely ministerial in nature.

     6.  The  Escrow  Agent  does  not have any  responsibility  to  review  the
Certificates  that  shall  be  held  in  the  Escrow  Account  for  accuracy  or
completeness.   Seller  shall  have  full  responsibility  to  assure  that  the
Certificates  required  by the Stock  Purchase  Agreement  are so  delivered  to
escrow,  and Purchasers'  Representative  shall have the full  responsibility to
review the Shares for completeness and accuracy.

     7. The  Escrow  Agent  shall not be  obligated  to take any  legal  actions
hereunder  which might, in the Escrow Agent's  judgment,  involve any expense or
liability, unless the Escrow Agent has been furnished with reasonable indemnity.

     8. The  Escrow  Agent  is not  bound in any way by any  other  contract  or
agreement  between  the  parties  hereto  whether  or not the  Escrow  Agent has
knowledge  thereof of its terms and conditions and the Escrow Agent's only duty,
liability  and  responsibility  shall  be to hold and deal  with the  funds  and
documents as herein directed.

     9. The  Escrow  Agent  shall not be bound by any  modification,  amendment,
termination,  cancellation,  rescission or supercession of this Escrow Agreement
unless  the same  shall be in  writing  and  signed by all of the other  parties
hereto and, if its duties as Escrow Agent hereunder are affected thereby, unless
it shall have given prior written consent thereto.

                                       15
<PAGE>
     10. The parties  hereto each jointly and  severally  agree to indemnify the
Escrow Agent against, and hold the Escrow Agent harmless from anything which the
Escrow Agent may do or refrain from doing in connection  with his performance or
non-performance  as Escrow  Agent under this  Agreement  and any and all losses,
costs, damages, expenses, claims and attorneys' fees suffered or incurred by the
Escrow  Agent as a result of, in  connection  with or arising from or out of the
acts of  omissions  of the Escrow  Agent in  performance  of or pursuant to this
Agreement,  except such acts or omissions as may result from the Escrow  Agent's
willful misconduct or gross negligence.

     11. In the  event of any  disagreement  between  Sellers,  and  Purchasers'
Representative  or either of them post Closing  concerning this Escrow Agreement
or between them or any of them and any other person, resulting in adverse claims
or demands  being made in connection  with the Funds and/or legal  possession of
Shares,  or in the event that the Escrow Agent is in doubt as to what action the
Escrow Agent should take hereunder,  the Escrow Agent may, at its option, refuse
to comply  with any claims or demands on it, or refuse to take any other  action
hereunder,  so long as such disagreement  continues or such doubt exists, and in
any such event,  the Escrow Agent shall not be or become liable in any way or to
any person for its  failure or  refusal to act,  and the Escrow  Agent  shall be
entitled to continue so to refrain from acting until:

       (a) the rights of Sellers and Purchasers'  Representative shall have been
fully and finally  adjudicated  through  arbitration as provided herein, or by a
court of competent jurisdiction; or arbitration; and.

       (b) all  differences  shall have been adjusted and all doubt  resolved by
agreement  between the parties,  and the Escrow  Agent shall have been  notified
thereof in writing signed by all parties.

     12. Should Escrow Agent become involved in litigation or arbitration in any
manner  whatsoever on account of this  agreement or the funds and/or  documents,
the  parties  hereto  (other  than  Escrow  Agent),  hereby  bind  and  obligate
themselves,  their heirs, personal representatives,  successors,  assigns to pay
Escrow  Agent,  in addition to any charge  made  hereunder  for acting as Escrow
Agent,  reasonable  attorneys'  fees  incurred  by Escrow  Agent,  and any other
disbursements,  expenses,  losses,  costs  and  damages  in  connection  with or
resulting from such actions.

     13. The terms of these  instructions  are  irrevocable  by the  undersigned
unless  such  revocation  is  consented  to in writing by each of the Seller and
Purchasers' Representative.

     14. The Escrow Agent may resign as Escrow Agent by giving written notice to
Sellers and Purchasers.  The resignation of the Escrow Agent shall be effective,
and the Escrow  Agent shall cease to be bound by this Escrow  Agreement,  thirty
(30) days following the date that notice of resignation was given.

     15. All notices,  requests,  demands,  and other  communications under this
Agreement shall be in writing and shall be deemed to have been duly given on the
date of service if served personally on the party to whom notice is to be given,
or on the third day after mailing if mailed to the party to whom notice is to be

                                       16
<PAGE>
given, by first class mail, registered or certified,  postage prepaid, or on the
second day if faxed,  and properly  addressed or faxed to the persons  stated in
Annex A -  Notices  and  Wiring  Instructions  attached  hereto  and made a part
hereof,  or such other  address as shall be furnished in writing by any party in
the manner for giving notices hereunder.

     16. This  Escrow  Agreement  shall be  construed  according  to the laws of
Delaware and the parties submit themselves to the exclusive  jurisdiction of the
Courts of Delaware in the event of any dispute.

     17. This Escrow  Agreement  may be executed in any number of  counterparts,
each of which shall be deemed to be an original and all of which taken  together
shall be deemed to  constitute  one and the same.  Facsimile  copies  may act as
originals.

     18.  The  Escrow  Agent  shall be  permitted  to act as  counsel  for their
respective  parties  in any  dispute  between  the  Seller  and the  Purchasers'
Representative,  whether or not the Escrow  Agent is then  holding the funds and
documents  pursuant to this  Agreement  and  continues to act as an Escrow Agent
hereunder.

                                       17
<PAGE>
     In witness  whereof,  this Escrow  Agreement  has been duly executed by the
parties hereto as of the date first above written.

Seller

/s/ Christopher Coldicutt
---------------------------------------
Christopher Coldicutt

Purchasers' Representative

/s/ Mr. Hu Yicheng
---------------------------------------
Mr. Hu Yicheng

Sellers' Escrow Agent

/s/ Robert C. Weaver, Jr., Esq.
---------------------------------------
Robert C. Weaver, Jr., Esq.

Purchasers' Escrow Agent

/s/ John B. Lowy, P.C.
---------------------------------------
John B. Lowy, P.C.

                                       18Translated by WordPort from WordPerfect 6.x (Dos/Windows) document stearn.wpd

 

 

 

 

 

FLIR SYSTEMS, INC.

SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

 

 

 

 

 

 

EFFECTIVE JANUARY 1, 2001 

AS AMENDED AND RESTATED EFFECTIVE October 22, 2009

This FLIR Systems, Inc. Supplemental Executive Retirement Plan (the "Plan") was originally adopted effective January 1, 2001. The Plan is intended to promote the best interests of the Company by enabling the Company to retain in its employ those key employees who have materially contributed to the success of the business through their outstanding efforts.  Throughout the Plan, the term "Company" shall mean FLIR Systems, Inc., but shall also include wherever applicable (with such applicability determined solely in the discretion of the Committee) any entity that is directly or indirectly controlled by the Company.  The Plan was amended and restated effective January 1, 2005 for the purpose of complying with Section 409A of the Code and the Treasury Regulations and other guidance issued thereunder, and is further amended and restated effective October 22, 2009 to cause the benefits previously grandfathered under Section 409A of the Code instead to comply with Section 409A of the Code, and to clarify the Plan in certain respects.  

ARTICLE 1

DEFINITIONS

Whenever used herein, the masculine pronoun shall be deemed to include the feminine, and the singular to include the plural, unless the context clearly indicates otherwise.  The following definitions shall govern the Plan:

	 "Account" means the account established under the Plan for each Employee to which the benefit amounts and Account Earnings under Article III shall be separately credited.
	"Account Earnings" means the earnings which shall be credited to Employee Accounts pursuant to Article III.
	"Board of Directors" or "Board" means the Board of Directors of FLIR Systems, Inc.
	"Cause" means an Employee's:

	Willful engagement in any misconduct in the performance of his duties that materially harms the Company, monetarily or otherwise;
	Performance of any act which, if known to the Company's customers, clients or shareholders, would materially and adversely affect the Company's business; or
	Willful and substantial nonperformance of assigned duties (other than any such failure resulting from the Employee's incapacity due to physical or mental illness) which has continued after the Board has given written notice of such nonperformance to the Employee, which notice specifically identifies the manner in which the Board believes that the Employee has not substantially performed his duties and which indicates the Board's intention to terminate the Employee's employment because of such nonperformance.  For purposes of (a) and (c) above, no act or omission on the Employee's part shall be deemed "willful" if committed or omitted in good faith and with a reasonable belief that his action was in the best interest of the Company.

	"Change of Control" means a merger or consolidation to which the Company is a party if the individuals and entities who were shareholders of the Company immediately prior to the effective date of such merger or consolidation have beneficial ownership (as defined in Rule 13d-3 under the Securities Exchange Act of 1934) of less than fifty percent (50%) of the total combined voting power for election of directors of the surviving corporation immediately following the effective date of such merger or consolidation; provided that any such transaction shall constitute a Change of Control only if it qualifies as a change in ownership of the Company, a change in effective control of the Company, or a change in ownership of a substantial portion of the assets of the Company as such terms are defined in Treasury Regulation Section 1.409A-3(i)(5)(v), (vi), and (vii), respectively.
	"Code" means the Internal Revenue Code of 1986, as amended.
	"Committee" means the Compensation Committee of the Board of Directors of the Company.
	"Compensation" means the salary, bonus (including the value on the date of grant of any Company stock received in lieu of bonus) and commissions paid to an Employee during the Plan Year and considered to be "wages" for purposes of federal income tax withholding, before reduction for salary reduction contributions under Section 401(k) of the Code, or amounts deferred under any other deferral arrangements.  Compensation does not include expense reimbursements, severance pay, any partial year prorated bonus payment, any form of noncash compensation or benefits, group life insurance premiums, income from the vesting or exercise of equity awards or other receipt of company stock (other than stock received in lieu of bonus), payments triggered by a change of control under employment agreements or other agreements between an Employee and the Company, or any other payments or benefits other than normal salary, bonus, or commissions.
	"Disability" means the Employee is, by reason of any medically determinable physical or mental impairment that can be expected to result in death or can be expected to last for a continuous period of not less than 12 months, receiving income replacement benefits for a period of not less than three months under an accident and health plan covering the employees of the Company.
	"Early Retirement" means termination of employment with the Company at or after age 55 with at least five full years of prior service with the Company.
	"Earnings Rate" means the interest rate to be applied to Employee Accounts.  The Earnings Rate shall be used to determine Account Earnings which will be compounded quarterly.   The Earnings Rate shall equal the prime lending rate plus 200 basis points and shall be established at the end of each quarter for the following quarter.   The Earnings Rate shall be communicated to Employees after it is established each quarter.  After a Change of Control, the Earnings Rate may not be reduced below the Earnings Rate in effect on the date of the Change of Control.
	"Effective Date" means January 1, 2001.
	"Employee" means a highly compensated or key management employee who has been nominated by the CEO and approved by the Committee as eligible to participate in this Plan.
	"Minimum Benefit" means an Employee's Minimum Benefit, determined under Section 4.2 of the Plan.  
	 "Normal Retirement" means termination of employment with the Company at or after age 60.
	 "Plan" shall mean this FLIR Systems, Inc. Supplemental Executive Retirement Plan, as it may be amended from time to time.
	"Plan Year" means the 12-month period commencing on January 1 and ending on December 31.
	"Specified Employee" means each Employee who participates in the Plan and is a "specified employee," within the meaning of regulations under Section 409A of the Code.

ARTICLE II 

ELIGIBILITY

	Eligible Persons.  Eligibility for participation in the Plan shall be limited to the Chief Executive Officer of the Company (the "CEO") and employees of the Company on its U.S. payroll who report directly to the CEO and who are nominated as eligible to participate by the CEO and approved by the Committee in its sole discretion.  Individuals who are eligible shall be notified by the Company in writing as to their eligibility to participate in the Plan.
	Commencement of Participation.  The initial group of eligible Employees began participating in the Plan on Effective Date.  Employees who became or become eligible after the Effective Date have begun, or shall begin, participation in the Plan on the date chosen by the Committee.
	Termination of Participation.  Active participation in the Plan shall end when an Employee's employment terminates for any reason.  Upon termination of employment, an Employee shall remain an inactive participant in the Plan until all of the benefits to which he or she is entitled hereunder have been paid in full.

ARTICLE III

PLAN ACCOUNTS

	Retirement Account

	A separate Account shall be established for each eligible Employee.  All Accounts will be maintained on the books of the Company and the Company is under no obligation to segregate any assets to provide for the Accounts established under the Plan.
	After the Effective Date, on the last day of each Plan Year, Accounts of active Employees shall be credited with an amount equal to 10% of the Employee's Compensation paid to the Employee during the Plan Year.
	 At the end of each  calendar quarter, Employee Accounts will be credited with Account Earnings which shall be compounded quarterly.  Account Earnings shall continue to be credited to the Account as long as an Employee has a positive Account balance.
	Each Employee's Account as of the end of each quarter shall consist of the amounts credited under Section 3.1(b) plus Account Earnings under Section 3.1(c).

	Account Vesting.

	Accounts of Employees who are younger than 50 years old upon initially becoming a Plan participant shall vest at the rate of ten percent (10%) for each full year of participation in the Plan.  Vesting increases shall occur on the first day of the Plan Year following the year in which the vesting increase is earned.
	Accounts of Employees who are age 50 or older upon initially becoming a Plan participant  shall vest ratably over the number of years between the Employee's age at the end of the first Plan Year of participation and age 60.    (Example:  An Employee is age 56  on the last day of the first Plan Year of participation.  Such Employee will vest in the Plan benefit over 4 years, with 1/4 of such vesting occurring upon completion of each year of participation in the Plan).  Such ratable vesting shall take into account any additional service credits received under  Sections 3.2(c) or (d) below.   (Example:  The same Employee receives 5 years of prior service credits under Section 3.2(c) which results in an initial vesting percentage of 25%.  Such Employee will achieve the remaining 75% vesting in equal increments over the following four  years of participation in the Plan).  Vesting increases shall occur on the first day of the Plan Year following the year in which the vesting increase is earned.
	Employees with prior years of service with the Company shall receive vesting credits of 5% for each full year of prior service with the Company, to a maximum additional vesting of twenty-five percent (25%).
	In its sole discretion, the Committee may grant an Employee additional vesting credits for service at a company acquired by the Company.  Such prior service credits shall be granted upon entry into the Plan and shall be communicated to the Employee at that time.  Additional vesting credits under this section and Section 3.2(c) shall not exceed twenty-five percent (25%) in total.
	If an Employee terminates employment for any reason prior to Normal Retirement, death, or Disability, the Employee will forfeit the non-vested portion of his Account.  Amounts forfeited under the Plan shall not be credited to Accounts of other Employees, but shall reduce the liability of the Company under the Plan.
	In the event an Employee terminates employment with the Company at Normal Retirement or on account of death or Disability, the Employee shall be fully vested in his or her Account and no part of such Account may be thereafter forfeited under Section 3.2(e).
	In the event of a Change of Control, all Employees shall be fully vested in their Accounts, and no amounts shall thereafter be forfeited under Section 3.2(e).

	No Withdrawal.  Amounts credited to an Employee's Account may not be withdrawn or borrowed by the Employee and shall be paid to the Employee only in accordance with the provisions of this Plan.

ARTICLE IV

DISTRIBUTION OF PLAN BENEFITS

	Retirement Benefit.  An Employee who terminates employment with the Company as a result of Early Retirement, Normal Retirement or within two years after a Change of Control, shall be entitled to receive payment of his or her vested Account balance, payable in a lump sum payment within 60 days after the date of the Employee's termination (subject to the application of Section 4.7 with respect to Specified Employees).  Valuation of the Account shall occur on the last day of the month prior to the month in which the payment will occur.  
	  Minimum Retirement Benefit.

	Employees who terminate employment with the Company as a result of Early Retirement, Normal Retirement, death, or Disability shall be entitled to receive a minimum retirement benefit equal to the greater of the amount determined under Section 4.1 or under Section 4.2(b).  Such benefit shall be in lieu of the benefit determined under Section 4.1.
	The minimum retirement benefit under the Plan shall be equal to one hundred eighteen percent (118%) of the lump sum present value of a hypothetical stream of installments payable annually for 20 years and commencing 60 days after the date of the Employee's retirement, death or termination due to Disability, with each such installment payment equal to twenty-five percent (25%) of the greater of:

	the Employee's Compensation received during the final 12 full months of employment (but taking into account only the most recent annual bonus payment if the Employee received more than one annual bonus payment during such 12-month period), 
	the average of the Employee's two highest full calendar years of Compensation while an employee, or
	the Employee's highest Compensation received in any one of the five full calendar years preceding Normal Retirement.

	All determinations of present value hereunder shall be determined solely by an actuary appointed by the Committee, based on the average of the interest rates that the actuary determines were used for purposes of calculating the premiums on three quotes, solicited by the Company and received within 60 days prior to the date of payment, for an annuity contract providing for the payment of the minimum retirement benefit in the form of a hypothetical stream of installments payable annually for 20 years and commencing 60 days after the date of the Employee's retirement, death or termination due to Disability.  All such determinations shall be binding on the Company, each Employee or beneficiary, and all other persons.
	For Employees who terminate as a result of Early Retirement, the amount of the hypothetical installment payments determined under Section 4.2(b) shall be reduced by six percent (6%) for each full or partial year prior to age 60 in which the termination occurs. If an Employee who is eligible for Early Retirement terminates within two (2) years after a Change of Control, the six percent (6%) benefit reduction shall not be applied and the benefit determined under this Section 4.2(d) shall be increased by 5% for each year, or partial year, by which the Employee's age at termination is less than age 60.

	Pre-retirement Termination.

	Death.  If an Employee dies while employed by the Company or before distributions have commenced, the Employee's benefit shall be payable to the beneficiary or beneficiaries selected by the Employee.  The benefit shall be paid in a lump sum cash amount to the Employee's beneficiary within 60 days after the Employee's death.  In the event the Employee has not designated a beneficiary at the date of Employee's death, the benefit will be payable to the Employee's estate.

	Disability.  In the event the Employee terminates employment as a result of a Disability such Employee shall be entitled to receive payment of his Account balance in a lump sum cash amount within 60 days after the date of the Employee's termination (subject to the application of Section 4.7 with respect to Specified Employees).

	Termination for Cause.  In the event the Employee's employment terminates for Cause, the Employee's benefit shall be equal to his vested Account balance on the date of termination.  Such Employee shall not be entitled to the minimum benefit provided under Section 4.2.  The Employee's Account balance shall be paid in a lump sum within 60 days after termination (subject to Section 4.7 with respect to Specified Employees).  During the two-year period following a Change of Control, this provision shall not apply and the Employee's benefit instead shall be payable pursuant to Section 4.1 of the Plan.

	Other Termination.  In the event the Employee's employment terminates for reasons other than Early Retirement, Normal Retirement, Death, or Disability, the Employee's benefit shall be equal to his vested Account balance.  Such Employee shall not be entitled to the minimum benefit provided under Section 4.2.  The benefit hereunder shall be paid in a lump sum within 60 days after termination (subject to Section 4.7 with respect to Specified Employees).  Valuation of the Account shall occur on the last day of the month prior to the month in which the payment will occur.  During the two-year period following a Change of Control, this provision shall not apply and the Employee's benefit instead shall be payable pursuant to Section 4.1 of the Plan.

	Payment of Benefit Upon Change of Control.  Within 30 days after a Change of Control, the Company shall provide for the accrued benefits under the Plan to be paid to each Employee in a lump sum cash amount.  In the event that an Employee accrues additional benefits under the Plan after the benefit is paid hereunder, such additional benefits shall be paid within 60 days after the date of the Employee's termination of employment.
	Tax Withholding.  All payments under this Plan shall be subject to all applicable withholding for state and federal income tax and to any other federal, state or local tax which may be applicable thereto.

	Payment to Guardian.  If a Plan benefit is payable to a minor or a person declared incompetent or to a person incapable of handling the disposition of the benefit, the Committee may direct payment of such benefit to the guardian, legal representative or person having the care and custody of such minor, incompetent or person.  The Committee may require proof of incompetency, minority, incapacity or guardianship as it may deem appropriate prior to distribution of the benefit.  Such distribution shall completely discharge the Company and Committee with respect to such benefits.

	Payments to Specified Employees.  In the case of a Specified Employee who is entitled to receive payment under the Plan as a result of termination from the Company for any reason other than Death, such payment shall be paid within 10 days after the first day of the seventh month following the Specified Employee's termination date.

ARTICLE V

ADMINISTRATION

	Administration of the Plan.  The Plan shall be administered by the Committee.  The Committee shall have the authority to make, amend, interpret, and enforce all appropriate rules and regulations for the administration of the Plan and decide or resolve any and all questions including interpretations of the Plan, as may arise in connection with the Plan.

5.2Delegation of Administration.  The Committee may from time to time, employ other agents and delegate to them such administrative duties as it sees fit, and may from time to time consult with counsel who may be counsel to the Company.

5.3Administration Procedures.  The Committee may from time to time establish rules and regulations for the administration of the Plan and adopt standard forms for such matters as beneficiary designations, elections and applications for benefits, provided such rules and forms are consistent with the provisions of the Plan.

5.4Binding Effect of Committee Decisions.  All determinations of the Committee shall be binding on all parties.  In construing or applying the provisions of the Plan, the Company shall have the right to rely upon a written opinion of legal counsel, which may be independent legal counsel or legal counsel regularly employed by the Company, whether or not any question or dispute has arisen as to any distribution from the Plan.  

5.5Books and Records.  The Committee shall be responsible for maintaining the books and records for the Plan.  Each Employee or his or her beneficiary shall be notified quarterly of the amount in his or her Account.

5.6Indemnification.  The Company shall indemnify and hold harmless the members of the Committee against any and all claims, loss, damage, expense or liability arising from any action or failure to act with respect to this Plan, except in the case of gross negligence or willful misconduct. 

ARTICLE VI

CLAIMS PROCEDURE

	Claims Procedure.  If a claim for benefits under the Plan is denied in whole or in part, the claimant will be notified by the Committee within 60 days of the date the claim is delivered to the Committee.  A claim that is not acted upon within 60 days may be deemed by the claimant to have been denied.  The notification will be written in understandable language and will state: 

	specific reasons for denial of the claim,
	specific references to Plan provisions on which the denial is based,
	a description (if appropriate) of any additional material or information necessary for the claimant to perfect the claim and why such material or information is necessary, and
	an explanation of the Plan's review procedure.  

	Time Limit for Claim Submission.  No claim shall be valid unless it is submitted within 60 days following the receipt of the disputed Plan benefit or the denial of a Plan benefit.  

	Review of Claims Denials.  Within 60 days after a claim has been denied, or deemed denied, the claimant or his or her authorized representative may make a request for a review by submitting to the Committee a written statement requesting a review of the denial of the claim, setting forth all of the grounds upon which the request for review is based and any facts in support thereof, and setting forth any issues or comments which the claimant deems relevant to the claim.  The claimant may review pertinent documents relating to the denial.  The Committee shall make a decision of review within 60 days after the receipt of the claimant's request for review or receipt of all additional materials reasonably requested by the Committee from the claimant, unless an extension of time for processing a review is required, in which case the claimant will be notified and a decision will be made within 120 days of receipt of the request for review.  The decision will be in writing, and in understandable language.  It will give specific references to the Plan provisions on which the decision is based.  The decision of the Committee on review shall be final and conclusive upon all persons if supported by substantial evidence.  

ARTICLE VII

MISCELLANEOUS

	Nontransferability.  The right of an Employee or any other person to the payment of any benefits under this Plan shall not be assigned, transferred, pledged or encumbered.

	Unfunded Plan.  This Plan is intended to be an unfunded plan maintained primarily to provide deferred compensation for a select group of management or highly compensated employees within the meaning of Sections 201, 301, and 401 of the Employee Retirement Income Security Act of 1974, as amended ("ERISA"), and therefore to be exempt from the provisions of Parts 2, 3, and 4 of Title I of ERISA.  No Employee or any other person shall have any interest in any fund or in any specific asset or assets of the Company by reason of this Plan, or for any other reason, or have any right to receive any distributions under the Plan except as and to the extent expressly provided under the Plan.  Employees are general creditors of the Company with regard to the amounts owed pursuant to the Plan.  
	Binding Effect.  This Plan shall be binding upon and inure to the benefit of the Company, its successors and assigns and each Employee and his heirs, executors, administrators and legal representatives.
	No Rights as Employee.  Nothing contained herein shall be construed as conferring upon any Employee the right to continue in the employ of the Company as an employee.
	Reimbursement of Costs.  If the Company, Employee or a successor in interest to either of the foregoing, brings legal action to enforce any of the provisions of this Plan, the prevailing party in such legal action shall be reimbursed by the other party, the prevailing party's costs of such legal action including, without limitation, reasonable fees of attorneys, accountants and similar advisors and expert witnesses.  Any reimbursement payable by the Company to an Employee pursuant to this Section 7.5 shall be conditioned on the submission by the Employee of all expense reports reasonably required by the Company, and shall be paid to the Employee within 30 days following the receipt of such expense reports, but in no event later than the last day of the calendar year following the calendar year in which Employee incurred the reimbursable expense.  Any amount of expenses eligible for reimbursement during a calendar year shall not affect the amount of expenses eligible for reimbursement during any other calendar year.  The right to any reimbursement pursuant to this Section 7.5 shall not be subject to liquidation or exchange for any other benefit.
	Applicable Law.  This Plan shall be construed in accordance with and governed by the laws of the State of Oregon.

	Entire Agreement.  This Plan and any applicable enrollment forms constitute the entire understanding and agreement with respect to the Plan, and there are no agreements, understandings, restrictions, representations or warranties among Employee and the Company other than those as set forth or provided for therein.

	Trusts.  At its discretion, the Company may establish one or more trusts, with such trustees as the Board may approve, for the purpose of providing for the payment of Plan benefits.  Such trust or trusts may be irrevocable, but the assets thereof shall be subject to the claims of the Company's creditors.  To the extent any benefits provided under the Plan are actually paid from any such trust, the Company shall have no further obligation with respect thereto, but to the extent not so paid, such benefits shall remain the obligation of, and shall be paid by, the Company. 

	Termination or Amendment of Plan.

	Prior to a Change of Control, this Plan may be amended by the Company at any time in its sole discretion by resolution by its Board; provided however that no amendment may reduce the amount credited to an Employee's Account on the date of such amendment or accelerate or delay the time at which benefits shall be paid to an Employee or beneficiary pursuant to the Plan, except as permitted under Section 409A.
	Prior to a Change of Control, the Company reserves the right to terminate the Plan in its entirety at any time.  If the Plan is terminated, the Committee may accelerate the payment of benefits to the Employee only to the extent permitted under Proposed Treasury Regulation 1.409A-3(j)(4)(ix)(A), (B), or (C). If the Plan is terminated under this Section 7.9(b) all benefits shall be valued as of the date of termination and paid at the earliest time allowed under such regulations.
	After a Change of Control the Plan may not be amended or terminated without the prior written consent of a majority of Plan participants.

	Section 409A  The Plan is intended to comply with the requirements of Section 409A of the Code, and shall be interpreted and construed consistently with such intent.  In the event the terms of this Agreement would subject any Employee to taxes or penalties under Section 409A of the Code ("409A Penalties"), the Company may amend the terms of the Plan to avoid such 409A Penalties, to the extent possible.  To the extent any amounts under this Plan are payable by reference to Employee's "termination of employment," such term shall be deemed to refer to the Employee's "separation from service," within the meaning of Section 409A of the Code.  

IN WITNESS WHEREOF, the Company has caused this Plan to be executed by a duly authorized officer on this  21st day of October, 2009.

FLIR SYSTEMS, INC.

By:  /s/ Anthony L. Trunzo

Anthony L. Trunzo

Senior Vice President, Corporate Strategy and Development

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