Document:

Exhibit 10.1

                  STOCK PURCHASE AND SUBSCRIPTION AGREEMENT

            STOCK  PURCHASE  AND  SUBSCRIPTION  AGREEMENT,  dated June 22, 2006,
      among WONDER AUTO  LIMITED,  a British  Virgin  Islands  corporation  (the
      "Company"),  EMPOWER CENTURY LIMITED, a British Virgin Islands corporation
      (the  "Stockholder")  and the purchasers  listed on Annex I hereto (each a
      "Purchaser" and collectively, the "Purchasers").

                                   BACKGROUND

            The Company  desires to sell  45.277236 of its ordinary  shares (the
      "Company  Shares") to the Purchasers in order to raise  $12,000,000 in the
      aggregate and the Stockholder, who is the holder of 61% of the outstanding
      capital  stock of the Company,  desires to sell  30.184824 of the ordinary
      shares (the "Stockholder Shares" and together with the Company Shares, the
      "Shares")  held by the  Stockholder  to the  Purchasers  for an  aggregate
      consideration of $8,000,000.  Each Purchaser desires to acquire the number
      of ordinary shares specified opposite such Purchaser's  respective name on
      Annex I hereto from the Company and the Stockholder.

            Immediately  following  the  closing  of the  offering  contemplated
      hereby (the  "Offering"),  the Shares shall be exchanged for shares of the
      common stock (the "Public Company Shares") of a US domiciled  company that
      is obligated to file periodic  reports with the US Securities and Exchange
      Commission (the  "Commission") and whose shares are eligible for quotation
      on the NASD Over-the  Counter  Bulletin Board (the "Public  Company") upon
      the closing of a share exchange  transaction (the "Exchange  Transaction")
      among  the  Company,  the  stockholders  of  the  Company  (including  the
      Purchasers,  who will then be  stockholders of the Company) and the Public
      Company pursuant to a Share Exchange  Agreement in substantially  the form
      attached hereto as Exhibit A (the "Exchange Agreement"). Upon consummation
      of the Exchange  Transaction,  it is  anticipated  that  Purchasers in the
      Offering will own 27.13% of the issued and outstanding common stock of the
      Public Company.

                                    AGREEMENT

            NOW,  THEREFORE,  in  consideration  of the mutual  promises  herein
      contained  and with the intent to be legally  bound,  the parties  hereto,
      hereby agree as follows:

      1. Purchase and Sale.

      1.1 Purchase and Sale of Company  Shares.  The Company  shall sell to each
Purchaser  and each  Purchaser  shall  acquire  from the  Company  the number of
Company  Shares  specified  opposite  each  Purchaser's  name on Annex I to this
Agreement.

      1.2 Purchase and Sale of Stockholder Shares. The Stockholder shall sell to
each Purchaser and each Purchaser  shall acquire from the Stockholder the number
of Stockholder  Shares  specified  opposite each  Purchaser's name on Annex I to
this Agreement.

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      2. Purchase Price.

      2.1  General.  The gross  purchase  price (the  "Purchase  Price") for the
Company Shares and the Stockholder  Shares, in the aggregate,  is Twenty Million
Dollars  ($20,000,000)  payable as  specified  in this  Section 2 subject to the
other terms and conditions of this Agreement.  The portion of the Purchase Price
applicable to the Company Shares is Twelve Million Dollars ($12,000,000) and the
portion of the Purchase  Price  applicable  to the  Stockholder  Shares is Eight
Million  Dollars  ($8,000,000).  The Shares  are being sold at a price  equal to
$265,033.85 per Share.

            (a) Payment at Closing. At the Closing,  each Purchaser shall pay to
      the  Company and to the  Stockholder  the  portion of the  Purchase  Price
      payable to the Company and the  Stockholder by such Purchaser as set forth
      opposite such Purchaser's name on Annex I, by wire transfer of immediately
      available funds in United States Dollars to:

            Thelen Reid & Priest, LLP - Attorney
            Special Account (Non-Interest Bearing)
            Account # 53505184
            ABA # 021-000-089
            SWIFT CODE: Citi US33
            Citibank, N.A.
            Citicorp Center
            153 East 53rd Street
            New York, New York 10043
            Client Name:  Wonder Auto Limited
            Attorney Name: Louis A. Bevilacqua, Esq.

      2.2 Escrow  Arrangement;  Closing.  The  Purchase  Price and  certificates
representing  the  Shares  will be held in escrow  pending  the  closing  of the
Offering.  The Purchaser understands that it will not earn interest on any funds
held in escrow.  Attached  as  Exhibit B hereto is the form of Escrow  Agreement
(the "Escrow  Agreement") that will govern the maintenance of the Purchase Price
and the Shares until the sooner of the closing of the Offering or the expiration
thereof.  The Closing Date of the Offering is referred to as the "Closing Date."
The Closing  shall occur on or before July 15, 2006.  The Company shall have the
right to a one time 45 day  extension  of the Closing  Date upon  receipt of the
written consent of all Purchasers to the Offering. If the Offering is not closed
by said  date  the  Purchase  Price  then in  escrow  shall be  returned  to the
Purchasers and the certificates  representing the Shares shall be cancelled. The
Closing shall be deemed to have occurred  upon the  satisfaction  of each of the
conditions  set  forth in  Section 4 below and in the  following  sequence:  (a)
confirmation from the Escrow Agent, as identified in the Escrow Agreement,  that
$20,000,000 is on deposit;  (b)  participation  by each of the Purchasers in the
Exchange Transaction;  and (c) the Public Company files a registration statement
on a  suitable  form  (the  "Registration  Statement")  with the  Commission  to
register the Public Company  Shares held by the Purchasers to the Offering.  The
Purchase  Price will not be released to either the Company or the Public Company
until  such  time as each  of the  forgoing  has  been  completed.  Certificates
representing  Public  Company  Shares  will be  issued  in the name of each such
Purchaser,  and the  name of such  Purchaser  will be  registered  on the  stock
transfer  books of the  Public  Company as the  record  owner of Public  Company
Shares. As of the filing date of the Registration Statement,  the Public Company
will promptly  thereafter  deliver to each Purchaser a stock certificate for the
Public Company Shares to which it is entitled.

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<PAGE>

      2.3  Binding  Agreement.  The  Purchaser  agrees to be bound  hereby  upon
execution and delivery to the Company and the  Stockholder of the signature page
to this  Agreement  and receipt from the Company and the  Stockholder  of a duly
executed  signature page to this Agreement,  which may be delivered by faxing to
the Purchaser the signature page to this Agreement that has been executed by the
Company and the Stockholder.

      3. Offering Materials

      Purchaser  represents  and warrants  that it is in receipt of, and that it
has carefully read, the following items:

            (a) The audited consolidated financial statements of the Company and
      its  subsidiaries,  for the fiscal years ended December 31, 2005, 2004 and
      2003 (the "Financial Statements");

            (b) The Exchange Agreement;

            (c) The Escrow Agreement;

            (d) The Escrow  Agreement  relating to the "Make  Good"  arrangement
      described in Section 11.11 below (the "Make Good Escrow Agreement"); and

            (e) A draft of the Registration Statement.

      The documents  listed in this Section 3 shall be referred to herein as the
"Disclosure Documents."

      4. Conditions to Purchaser's Obligations.

      4.1 The obligation of each Purchaser to close the transaction contemplated
by this Agreement (the "Transaction") is subject to the satisfaction on or prior
to the  Closing  Date of the  following  conditions  set forth in  Sections  4.2
through 4.11 hereof.

      4.2 The Company shall have executed this Agreement.

      4.3 The Board of Directors of the Company  shall have adopted  resolutions
consistent with Section 5.1(d) below.

      4.4 Each  Purchaser  shall  have  received  copies  of all  documents  and
information  which it may  have  reasonably  requested  in  connection  with the
Offering.

      4.5 The Exchange  Transaction shall have been  simultaneously  consummated
and the  Exchange  Agreement  shall  include a  provision  pursuant to which the
Public Company expressly  assumes those  obligations  included in this Agreement
that are to be performed by the Public Company.

      4.6 The  Registration  Statement  shall have been filed with the SEC which
filing  shall not be made until each of the other  conditions  set forth in this
Section  4 shall  have  been and  continue  to be  satisfied.  It being  further
acknowledged  that the  effectiveness  of the  Registration  Statement  shall be
maintained until the earlier of the second anniversary of the declaration of its
effectiveness  by the SEC or the date all the shares of common stock  registered
therein have been sold.

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<PAGE>

      4.7 The  representations and warranties of the Company and the Stockholder
shall be true and correct on and as of the Closing Date as though made on and as
of such date.

      4.8 If so requested by Purchaser,  the Company shall have delivered to the
custodian for the Purchaser duly executed certificate(s), registered in the name
of Purchaser's nominee, representing the Public Company Shares.

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

      4.10 Since  December  31,  2005,  no event or series of events  shall have
occurred  that  reasonably  could  have or result in any of (i) a  material  and
adverse effect on the legality, validity or enforceability of this Agreement and
the transactions  contemplated hereby, (ii) a material and adverse effect on the
results of operations,  assets,  prospects,  business or condition (financial or
otherwise) of the Company and its  subsidiaries,  taken as a whole,  or (iii) an
adverse impairment to the Company's or the Stockholder's ability to perform on a
timely basis its obligations under this Agreement.

      4.11 Counsel to the Company shall have delivered to each Purchaser a legal
opinion in a form reasonably acceptable to each Purchaser.

      5. Representations and Warranties of the Company.

      5.1 The Company  represents  and warrants to each  Purchaser  that, at the
date of this Agreement and as of the Closing Date:

                  (a) Due Organization  and Good Standing.  The Company and each
            of  its  subsidiaries  are  corporations  duly  organized,   validly
            existing and in good standing  under the laws of their  jurisdiction
            of incorporation,  with all requisite  corporate power and authority
            to carry on the  business  in which they are  engaged and to own the
            properties  they own,  and the Company has all  requisite  power and
            authority to execute and deliver this  Agreement  and to  consummate
            the transactions  contemplated  hereby.  The Company and each of its
            subsidiaries  are duly qualified and licensed to do business and are
            in good  standing  in all  jurisdictions  where the  nature of their
            business  makes  such  qualification  necessary,  except  where  the
            failure  to be  qualified  or  licensed  would  not have a  Material
            Adverse  Effect.  The  ownership by the Company of its  subsidiaries
            that are located in the People's Republic of China complies with all
            applicable laws of the People's  Republic of China.  For purposes of
            this  Agreement,  "Material  Adverse  Effect"  means  any  of  (i) a
            material   and  adverse   effect  on  the   legality,   validity  or
            enforceability of this Agreement, (ii) a material and adverse effect
            on  the  results  of  operations,  assets,  prospects,  business  or
            condition   (financial   or   otherwise)  of  the  Company  and  the
            subsidiaries, taken as a whole or (iii) an adverse impairment to the
            Company's ability to perform on a timely basis its obligations under
            this Agreement.

                  (b) Litigation.  There is no action, suit, inquiry,  notice of
            violation,  proceeding  (including any partial  proceeding such as a
            deposition)  or  investigation  pending  or  threatened  in  writing
            against or affecting  the Company,  any  subsidiary  or any of their
            respective   properties   before  or  by  any   court,   arbitrator,
            governmental  or   administrative   agency,   regulatory   authority
            (federal,  state,  county,  local or foreign),  stock market,  stock
            exchange or trading facility  ("Action") which (i) adversely affects
            or challenges  the legality,  validity or  enforceability  of any of
            this  Agreement  or the  Shares  or (ii)  could,  if  there  were an
            unfavorable  decision,  individually  or in the  aggregate,  have or
            reasonably  be  expected  to result in a  Material  Adverse  Effect.
            Neither the Company nor any subsidiary,  nor any director or officer
            thereof (in his or her capacity as such), is or has been the subject
            of any Action  involving a claim or violation of or liability  under
            federal or state  securities  laws or a claim of breach of fiduciary
            duty.

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<PAGE>

                  (c) Financial Statements.  The audited financial statements of
            the Company as of December  31, 2005 and 2004,  including  the notes
            contained  therein,  fairly  present the  financial  position of the
            Company  at the  respective  dates  thereof  and the  results of its
            operations  for the periods  purported to be covered  thereby.  Such
            financial statements have been prepared in conformity with generally
            accepted  accounting  principles  consistently  applied  with  prior
            periods subject to any comments and notes contained  therein.  Since
            the date of the  audited  financial  statements  for the year  ended
            December  31,  2005,  (i)  there has been no  event,  occurrence  or
            development  that has had or that could  reasonably  be  expected to
            result  in a  Material  Adverse  Effect,  (ii) the  Company  has not
            incurred any  liabilities  (contingent or otherwise)  other than (A)
            trade payables,  accrued expenses and other liabilities  incurred in
            the ordinary  course of business  consistent  with past practice and
            (B)  liabilities  not  required  to be  reflected  in the  Company's
            financial  statements  pursuant  to  generally  accepted  accounting
            principles,  (iii)  the  Company  has  not  altered  its  method  of
            accounting or the identity of its auditors, (iv) the Company has not
            declared  or made  any  dividend  or  distribution  of cash or other
            property  to its  stockholders  or  purchased,  redeemed or made any
            agreements  to purchase  or redeem any shares of its capital  stock,
            and (v) the  Company  has not issued any  equity  securities  to any
            officer, director or affiliate,  except pursuant to existing Company
            stock option plans.

                  (d)  Authorization.  The Company,  by appropriate and required
            corporate action,  has, or will have prior to the date hereof,  duly
            authorized  the  execution of this  Agreement  and duly effected the
            issuance of the Company  Shares.  The Company Shares are not subject
            to preemptive or other rights of any stockholders of the Company and
            when  issued in  accordance  with the terms of this  Agreement,  the
            Company Shares will be validly issued, fully paid and non-assessable
            and free and  clear of all  pledges,  liens  and  encumbrances.  The
            Company has the  requisite  corporate  power and  authority to enter
            into  and  to  consummate  the  transactions  contemplated  by  this
            Agreement and otherwise to carry out its obligations hereunder.  The
            Company has  reserved  from its duly  authorized  capital  stock the
            ordinary shares of capital stock issuable pursuant to this Agreement
            in order to issue the Company Shares.

                  (e) No Conflicts. Performance of this Agreement and compliance
            with the  provisions  hereof will not violate any  provision  of any
            applicable law or of the charter documents of the Company, or of any
            of its  subsidiaries,  and,  will not conflict with or result in any
            breach  of  any  of the  terms,  conditions  or  provisions  of,  or
            constitute a default under,  or result in the creation or imposition
            of any lien,  charge or  encumbrance  upon, any of the properties or
            assets of the Company,  or of any of its  subsidiaries,  pursuant to
            the terms of any indenture.  The Company is not in default under any
            provision of its organizational  documents or under any provision of
            any agreement or other instrument to which it is a party or by which
            it is bound or of any law, governmental order, rule or regulation so
            as to affect adversely in any material manner its business or assets
            or its condition, financial or otherwise.

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<PAGE>

                  (f)  Disclosure.  All  disclosure  provided to the  Purchasers
            regarding   the  Company,   its   business   and  the   transactions
            contemplated  hereby,  furnished  by or on  behalf  of  the  Company
            (including the Company's representations and warranties set forth in
            this  Agreement)  are true and correct and do not contain any untrue
            statement  of a  material  fact or omit to state any  material  fact
            necessary in order to make the statements made therein,  in light of
            the circumstances under which they were made, not misleading.

                  (g) Binding Obligation.  This Agreement has been duly executed
            and  delivered  by the Company and  constitutes  a valid and binding
            obligation  of the  Company,  enforceable  against  the  Company  in
            accordance with its terms.

                  (h) Investment Company.  The Company is not now, and after the
            sale of the Company  Shares under this Agreement and under all other
            agreements and the  application of the net proceeds from the sale of
            the Company Shares will not be, an "investment  company"  within the
            meaning of the Investment Company Act of 1940, as amended.

                  (i) Securities  Act Exemption.  Subject to the accuracy of the
            Purchasers'  representations  and  warranties  in  Section 7 of this
            Agreement, the offer, sale, and issuance of the Shares in conformity
            with the terms of this Agreement constitute transactions exempt from
            the registration  requirements of Section 5 of the Securities Act of
            1933, as amended (the "Securities Act") and from the registration or
            qualification requirements of the laws of any applicable state.

                  (j) No Public  Offering.  Neither the Company,  nor any of its
            affiliates,  nor any  person  acting  on its or  their  behalf,  has
            directly or  indirectly  made any offers or sales in any security or
            solicited any offers to buy any security  under  circumstances  that
            would require  registration under the Securities Act of the issuance
            of the Shares to the Purchaser.

                  (k)  Capitalization.  The  number  of  shares  and type of all
            authorized, issued and outstanding capital stock of the Company, and
            all  shares  of  capital  stock  reserved  for  issuance  under  the
            Company's  various  option and  incentive  plans,  is  specified  in
            Schedule  5.1(k).  No  securities  of the  Company  are  entitled to
            preemptive or similar  rights,  and no person has any right of first
            refusal,  preemptive right,  right of participation,  or any similar
            right  to  participate  in the  transactions  contemplated  by  this
            Agreement.  There are no outstanding options, warrants, scrip rights
            to subscribe to, calls or  commitments  of any character  whatsoever
            relating to, or securities,  rights or obligations  convertible into
            or exchangeable for, or giving any person any right to subscribe for
            or  acquire,  any  shares  of  capital  stock  of  the  Company,  or
            contracts, commitments,  understandings or arrangements by which the
            Company or any subsidiary is or may become bound to issue additional
            shares of capital  stock,  or  securities or rights  convertible  or
            exchangeable into shares of capital stock of the Company.  The issue
            and sale of the  Company  Shares by the  Company  or the sale of the
            Stockholder Shares by the Stockholder will not,  immediately or with
            the passage of time, obligate the Company to issue shares of capital
            stock of the Company or other  securities  to any person (other than
            the  Purchasers)  and will not  result  in a right of any  holder of
            Company securities to adjust the exercise,  conversion,  exchange or
            reset price under such securities.

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                  (l)  Subsidiaries.  The  Company  has no  direct  or  indirect
            subsidiaries  other than as specified in the  Disclosure  Documents.
            Except as disclosed in Schedule 5.1(l),  the Company owns,  directly
            or indirectly,  all of the capital stock of each subsidiary free and
            clear  of any and all  liens,  and all the  issued  and  outstanding
            shares of capital stock of each  subsidiary  are validly  issued and
            are fully paid,  non-assessable  and free of preemptive  and similar
            rights.

                  (m) No  Consents.  The  Company is not  required to obtain any
            consent,  waiver,  authorization or order of, give any notice to, or
            make any filing or  registration  with,  any court or other federal,
            state,  local or other  governmental  authority  or other  person in
            connection  with the  execution,  delivery  and  performance  by the
            Company of this Agreement, other than (i) the filing with the SEC of
            one  or  more   Registration   Statements  in  accordance  with  the
            requirements  of the Exchange  Agreement,  (ii) filings  required by
            state  securities  laws,  (iii)  the  filing  of a Notice of Sale of
            Securities on Form D with the Commission  under  Regulation D of the
            Securities Act, (iv) the filings required in accordance with Section
            11.2 and (v) those that have been made or obtained prior to the date
            of this Agreement.

                  (n) Insurance. The Company and the subsidiaries are insured by
            insurers of recognized financial  responsibility against such losses
            and risks and in such  amounts as are prudent and  customary  in the
            businesses  in which the Company and the  subsidiaries  are engaged.
            The  Company  has no reason to  believe  that it will not be able to
            renew its and the subsidiaries'  existing  insurance coverage as and
            when such  coverage  expires  or to  obtain  similar  coverage  from
            similar  insurers as may be  necessary  to continue  its business on
            terms   consistent   with   market  for  the   Company's   and  such
            subsidiaries' respective lines of business.

                  (o) Internal Controls. The Company and the subsidiaries of the
            Company maintain a system of internal accounting controls sufficient
            to provide  reasonable  assurance that (i) transactions are executed
            in accordance with management's general or specific  authorizations,
            (ii) transactions are recorded as necessary to permit preparation of
            financial  statements  in conformity  with United  States  generally
            accepted accounting principles and to maintain asset accountability,
            (iii)  access  to  assets  is  permitted  only  in  accordance  with
            management's  general  or  specific  authorization,   and  (iv)  the
            recorded  accountability  for assets is compared  with the  existing
            assets at reasonable  intervals and appropriate action is taken with
            respect to any differences.  The Company has established  disclosure
            controls and procedures (as defined in Exchange Act Rules  13a-15(e)
            and 15d-15(e)) for the Company and designed such disclosure controls
            and procedures to ensure that material  information  relating to the
            Company, including its subsidiaries,  is made known to the principal
            executive  officer and principal  financial  officer of the Company.
            The Company's  principal  executive officer and principal  financial
            officer have evaluated the  effectiveness of the Company's  controls
            and  procedures in accordance  with Item 307 of Regulation S-K under
            the  Exchange  Act for the  Company's  most  recently  ended  fiscal
            quarter or fiscal year-end (such date, the "Evaluation Date").

                  (p)  Registration  Rights.  Except as  specified  in  Schedule
            5.1(p), the Company has not granted or agreed to grant to any person
            any rights (including "piggy-back"  registration rights) to have any
            securities  of the  Company  registered  with  the SEC or any  other
            governmental authority that have not been satisfied.

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                  (q)  Anti-Takeover  Provisions.  The  Company  has  taken  all
            necessary  action,  if any,  in order  to  render  inapplicable  any
            control  share  acquisition,   business  combination,   poison  pill
            (including  any  distribution  under a  rights  agreement)  or other
            similar  anti-takeover  provision under the Company's Certificate of
            Incorporation  (or  similar  charter  documents)  or the laws of its
            state of  incorporation  that is or could become  applicable  to the
            Purchasers as a result of the Purchasers and the Company  fulfilling
            their  obligations or exercising  their rights under this Agreement,
            including  without  limitation the Company's  issuance of the Shares
            and the Purchasers' ownership of the Shares.

                  (r) No Agreements with  Purchasers.  The Company does not have
            any agreement or  understanding  with any Purchaser  with respect to
            the  transactions  contemplated  by  this  Agreement  other  than as
            specified in this Agreement.

                  (s) Labor  Relations.  No material labor dispute exists or, to
            the knowledge of the Company, is imminent with respect to any of the
            employees of the Company.

                  (t) Compliance.  Neither the Company nor any subsidiary (i) is
            in default  under or in violation of (and no event has occurred that
            has not been  waived  that,  with  notice  or lapse of time or both,
            would result in a default by the Company or any  subsidiary  under),
            nor has the  Company or any  subsidiary  received  notice of a claim
            that it is in  default  under  or that it is in  violation  of,  any
            indenture,  loan or  credit  agreement  or any  other  agreement  or
            instrument  to  which  it is a party  or by  which  it or any of its
            properties  is bound  (whether or not such default or violation  has
            been  waived),  (ii) is in  violation  of any  order  of any  court,
            arbitrator  or  governmental  body,  or  (iii)  is or  has  been  in
            violation of any statute,  rule or  regulation  of any  governmental
            authority,  including without limitation all foreign, federal, state
            and  local  laws  relating  to  taxes,   environmental   protection,
            occupational  health  and  safety,  product  quality  and safety and
            employment  and labor  matters,  except  in each case as could  not,
            individually or in the aggregate,  have or reasonably be expected to
            result in a Material Adverse Effect.

                  (u)  Regulatory  Permits.  The  Company  and the  subsidiaries
            possess all certificates,  authorizations  and permits issued by the
            appropriate federal,  state, local or foreign regulatory authorities
            necessary to conduct their respective  businesses,  except where the
            failure to possess such permits  could not,  individually  or in the
            aggregate,  have or  reasonably  be expected to result in a Material
            Adverse  Effect,  and neither the  Company  nor any  subsidiary  has
            received any notice of  proceedings  relating to the  revocation  or
            modification of any such permits.

                  (v) Title to Assets. The Company and its subsidiaries have all
            necessary  use rights  under the laws of the  People's  Republic  of
            China to all real  property  used by them that is  material to their
            respective  businesses and good and marketable title in all personal
            property  owned  by  them  that  is  material  to  their  respective
            businesses,  in each case free and clear of all  liens,  except  for
            liens as do not materially  affect the value of such property and do
            not  materially  interfere with the use made and proposed to be made
            of such  property  by the  Company  and the  subsidiaries.  Any real
            property  and  facilities  held under  lease by the  Company and the
            subsidiaries   are  held  by  them  under  valid,   subsisting   and
            enforceable  leases of which the Company and the subsidiaries are in
            compliance,  except as could not,  individually or in the aggregate,
            have or  reasonably  be  expected  to result in a  Material  Adverse
            Effect.

                                        8
<PAGE>

                  (w) Patents and Trademarks.  The Company and the  subsidiaries
            have,  or have  rights to use,  all  patents,  patent  applications,
            trademarks,  trademark  applications,  service  marks,  trade names,
            copyrights,  licenses and other similar rights that are necessary or
            material for use in connection with their respective  businesses and
            which  the  failure  to  so  have  could,  individually  or  in  the
            aggregate,  have or  reasonably  be expected to result in a Material
            Adverse Effect (collectively,  the "Intellectual  Property Rights").
            Neither the Company nor any subsidiary has received a written notice
            that the  Intellectual  Property  Rights  used by the Company or any
            subsidiary  violates or infringes upon the rights of any Person.  To
            the knowledge of the Company, all such Intellectual  Property Rights
            are  enforceable  and there is no existing  infringement  by another
            person of any of the Intellectual Property Rights.

                  (x)  Transactions  With Affiliates and Employees.  None of the
            officers or directors  of the Company  and, to the  knowledge of the
            Company,  none of the  employees of the Company is presently a party
            to any  transaction  with the Company or any subsidiary  (other than
            for services as employees,  officers and  directors),  including any
            contract,   agreement  or  other   arrangement   providing  for  the
            furnishing  of  services to or by,  providing  for rental of real or
            personal property to or from, or otherwise  requiring payments to or
            from any officer,  director or such employee or, to the knowledge of
            the Company, any entity in which any officer,  director, or any such
            employee  has a  substantial  interest or is an  officer,  director,
            trustee or partner.

                  (y) Solvency.  Based on the financial condition of the Company
            as of the Closing Date (and  assuming  that the Offering  shall have
            occurred),  (i) the  Company's  fair  saleable  value of its  assets
            exceeds the amount that will be required to be paid on or in respect
            of the Company's  existing  debts and other  liabilities  (including
            known  contingent  liabilities)  as they mature,  (ii) the Company's
            assets do not constitute  unreasonably small capital to carry on its
            business  for  the  current  fiscal  year  as now  conducted  and as
            proposed to be  conducted  including  its capital  needs taking into
            account  the  particular   capital   requirements  of  the  business
            conducted by the Company,  and projected  capital  requirements  and
            capital availability thereof, and (iii) the current cash flow of the
            Company,  together with the proceeds the Company would receive, were
            it to  liquidate  all of its assets,  after  taking into account all
            anticipated uses of the cash, would be sufficient to pay all amounts
            on or in respect of its debt when such  amounts  are  required to be
            paid.  The Company does not intend to incur debts beyond its ability
            to pay such debts as they mature (taking into account the timing and
            amounts of cash to be payable on or in respect of its debt).

                  (z) Certain Fees.  Except as described in Section 10.6 hereof,
            no brokerage or finder's fees or commissions  are or will be payable
            by the  Company to any  broker,  financial  advisor  or  consultant,
            finder,  placement agent,  investment  banker,  bank or other person
            with respect to the transactions contemplated by this Agreement. The
            Purchasers shall have no obligation with respect to any fees or with
            respect to any claims (other than such fees or commissions owed by a
            Purchaser pursuant to written agreements  executed by such Purchaser
            which fees or commissions  shall be the sole  responsibility of such
            Purchaser)  made by or on behalf of other persons for fees of a type
            contemplated  in this Section that may be due in connection with the
            transactions contemplated by this Agreement.

                                        9
<PAGE>

      5.2  Indemnification.  The Company will  indemnify and hold the Purchasers
and their  directors,  officers,  shareholders,  partners,  employees and agents
(each,  a  "Purchaser  Party")  harmless  from any and all losses,  liabilities,
obligations,  claims, contingencies,  damages, costs and expenses, including all
judgments,  amounts paid in settlements,  court costs and reasonable  attorneys'
fees and costs of investigation (collectively, "Losses") that any such Purchaser
Party may suffer or incur as a result of or relating  to any  misrepresentation,
breach or inaccuracy of any representation, warranty, covenant or agreement made
by the  Company  in any  Transaction  Document.  In  addition  to the  indemnity
contained  herein,  the Company  will  reimburse  each  Purchaser  Party for its
reasonable  legal and other expenses  (including the cost of any  investigation,
preparation  and  travel  in  connection   therewith)   incurred  in  connection
therewith, as such expenses are incurred.

      6. Representations and Warranties of the Stockholder.

      6.1 The Stockholder represents and warrants to each Purchaser that, at the
date of this Agreement and as of the Closing Date:

                  (a) Ownership of Stockholder  Shares. The Stockholder owns the
            Stockholder Shares of record and beneficially, free and clear of all
            liens, claims, charges,  security interests, and encumbrances of any
            kind   whatsoever.   The  Stockholder  has  sole  control  over  the
            Stockholder Shares or sole discretionary  authority over any account
            in which they are held.

                  (b) No Options or Similar  Rights with Respect to  Stockholder
            Shares. The Stockholder has, since acquiring the Stockholder Shares,
            never  granted  to any  person  an option  or right to  purchase  or
            otherwise  acquire the  Stockholder  Shares,  by contract of sale or
            otherwise,  nor had any "short  position  in" as to the  Stockholder
            Shares.  The  Stockholder has never effected nor attempted to effect
            any distribution or public offering of the Stockholder Shares.

                  (c)  Authority.  The  Stockholder  has full  right,  power and
            authority  to execute,  deliver and perform  this  Agreement  and to
            carry out the transactions  contemplated  hereby. This Agreement has
            been duly and validly  executed and delivered by the Stockholder and
            constitutes  a  valid,   binding   obligation  of  the  Stockholder,
            enforceable  against the  Stockholder  in accordance  with its terms
            (except as such  enforceability  may be  limited  by laws  affecting
            creditor's rights generally).

                  (d) No Consents. No consent, approval,  authorization or order
            of, or any filing or  declaration  with,  any court or  governmental
            agency or body,  trustee or other  person is required in  connection
            with the  consummation by the Stockholder of the transactions on its
            part  contemplated by this  Agreement,  except (i) filings as may be
            required  under  Sections  13(d) and 16(a) of the Exchange  Act, and
            (ii) those that have been made or obtained prior to the date of this
            Agreement.

                  (e) No Conflicts.  The execution,  delivery and performance by
            the  Stockholder  of this  Agreement  to which it is a party and the
            consummation  of the  transactions  contemplated  thereby do not and
            will not result in a breach or violation of, or constitute a default
            under (with or without  notice or lapse of time),  any  stockholders
            agreement,   voting  trust  agreement,   trust  or  other  fiduciary
            agreement,  pledge  registration rights agreement or other agreement
            or instrument to which the  Stockholder or any of its properties are
            bound or  affected,  and  will  not  violate  or  conflict  with any
            judgment,  decree or order of any court or other governmental agency
            or any law, rule or regulation applicable to the Stockholder.

                                       10
<PAGE>

                  (f) Certain Registration Matters. Assuming the accuracy of the
            Purchasers'  representations  and  warranties  set forth herein,  no
            registration  under the Securities Act is required for the offer and
            sale of the Stockholder Shares to the Purchasers hereunder.

                  (g) Certain Fees.  Except as described in Schedule 6.1(g),  no
            brokerage or finder's fees or commissions  are or will be payable by
            the  Stockholders  to any broker,  financial  advisor or consultant,
            finder,  placement agent,  investment  banker,  bank or other person
            with respect to the transactions contemplated by this Agreement. The
            Purchasers shall have no obligation with respect to any fees or with
            respect to any claims (other than such fees or commissions owed by a
            Purchaser pursuant to written  agreements  executed by such Investor
            which fees or commissions  shall be the sole  responsibility of such
            Purchaser)  made by or on behalf of other persons for fees of a type
            contemplated  in this Section that may be due in connection with the
            transactions contemplated by this Agreement.

                  (h) No Additional  Agreements.  Such Stockholder does not have
            any  agreement  or  understanding  with  any  Purchaser  or with the
            Company  with  respect  to the  transactions  contemplated  by  this
            Agreement other than as specified in this Agreement.

      6.2 Indemnification. The Stockholder will indemnify and hold the Purchaser
Parties  harmless  from any and all  Losses  that any such  Purchaser  Party may
suffer or incur as a result of or relating to any  misrepresentation,  breach or
inaccuracy of any  representation,  warranty,  covenant or agreement made by the
Stockholder in any Transaction  Document. In addition to the indemnity contained
herein,  the Stockholder  will reimburse each Purchaser Party for its reasonable
legal and other expenses  (including the cost of any investigation,  preparation
and travel in connection  therewith) incurred in connection  therewith,  as such
expenses are incurred.

      7. Transfer and Registration Rights.

      7.1  Purchaser  acknowledges  that it is acquiring  the Shares for its own
account  and  for  the  purpose  of  investment  and  not  with  a  view  to any
distribution  or resale thereof within the meaning of the Securities Act and any
applicable  state  or  other  securities  laws  ("State  Acts"),   except  in  a
transaction  which is in compliance  with the  Securities  Act or pursuant to an
exemption  therefrom.  Purchaser  further agrees that, except in connection with
the  Exchange  Transaction,  it will not sell,  assign,  transfer  or  otherwise
dispose of any of the Shares in  violation of the  Securities  Act or state blue
sky laws and acknowledges that, in taking unregistered  Shares, it must continue
to bear economic risk in regard to its  investment  for an indefinite  period of
time because of the fact that such securities have not been registered under the
Securities Act or state blue sky laws and further  realizes that such securities
cannot be sold unless  subsequently  registered  under the  Securities Act or an
exemption from such registration is available. Subject to the foregoing, nothing
contained herein shall be deemed a representation  or warranty by such Purchaser
to hold the Shares for any period of time.

                                       11
<PAGE>

      8. Closing.

      8.1 The closing of the Offering  shall take place at such time and at such
place as the Company shall  determine,  provided that the Closing shall occur no
later than July 15, 2006,  unless  otherwise  extended  pursuant to the terms of
this  Agreement.  If the  closing  of the sale of  Shares to  Purchaser  has not
occurred within the time frame provided in the previous sentence, then Purchaser
may terminate this Agreement by giving written notice to the Company.

      9. Purchaser  Representations.  Purchaser hereby represents,  warrants and
acknowledges and agrees with the Company as follows:

      9.1 Information.  Purchaser has been furnished with and has carefully read
the  Disclosure  Documents as set forth in Section 3 hereto and is familiar with
the terms of the Offering.  With respect to individual  or  partnership  tax and
other  economic  considerations  involved in this  investment,  Purchaser is not
relying on the Company (or any agent or  representative  of any of the Company).
Purchaser has carefully  considered  and has, to the extent  Purchaser  believes
such discussion necessary, discussed with Purchaser's legal, tax, accounting and
financial   advisers  the  suitability  of  an  investment  in  the  Shares  for
Purchaser's particular tax and financial situation.

      9.2  Opportunity  to Inspect.  Purchaser has had an opportunity to inspect
relevant  documents  relating to the organization and operations of the Company.
Purchaser acknowledges that all documents,  records and books pertaining to this
investment which Purchaser has requested have been made available for inspection
by Purchaser and Purchaser's attorney, accountant or other adviser(s).

      9.3  Opportunity  to  Inquire.  Purchaser  and/or  Purchaser's  advisor(s)
has/have had a reasonable  opportunity  to ask questions of and receive  answers
and to request additional  relevant  information from a person or persons acting
on behalf of the Company concerning the Offering.

      9.4 No  Advertising or General  Solicitation.  Purchaser is not purchasing
the Shares as a result of or subsequent to any advertisement, article, notice or
other  communication  published in any  newspaper,  magazine or similar media or
broadcast over television or radio or presented at any seminar.

      9.5 Accredited Investor. Purchaser is an "accredited investor," within the
meaning of Rule 501(a) of  Regulation D under the  Securities  Act  ("Regulation
D"). Purchaser, by reason of Purchaser's business or financial experience or the
business or financial  experience of Purchaser's  professional  advisers who are
unaffiliated  with and who are not  compensated by the Company or any affiliate,
directly  or  indirectly,  can be  reasonably  assumed to have the  capacity  to
protect Purchaser's own interests in connection with the transaction.  Purchaser
further  acknowledges  that he has read the  written  materials  provided by the
Company.

      9.6 No Need for  Liquidity.  Purchaser has adequate means of providing for
Purchaser's  current  financial  needs  and  contingencies,  is able to bear the
substantial  economic  risks of an  investment  in the Shares for an  indefinite
period of time, has no need for liquidity in such investment and, at the present
time, could afford a complete loss of such investment.

      9.7  Sophistication.  Purchaser  has  such  knowledge  and  experience  in
financial,  tax  and  business  matters  so as to  enable  Purchaser  to use the
information  made  available  to Purchaser  in  connection  with the Offering to
evaluate  the  merits  and risks of an  investment  in the Shares and to make an
informed investment decision with respect thereto.

                                       12
<PAGE>

      9.8 Risks  Relating  to  Purchase  of Shares.  Purchaser  recognizes  that
investment  in  the  Shares  involves   substantial  risks.   Purchaser  further
recognizes  that no Federal or state  agencies have passed upon this offering of
the  Shares or made any  finding or  determination  as to the  fairness  of this
investment.

      9.9 Legend.  Purchaser acknowledges that each certificate representing the
Public  Company  Shares shall  contain a legend  substantially  in the following
form:

            THESE  SECURITIES HAVE NOT BEEN REGISTERED  UNDER THE SECURITIES ACT
            OF 1933 (THE "SECURITIES  ACT") OR UNDER APPLICABLE STATE SECURITIES
            LAWS AND MAY NOT BE  SOLD,  TRANSFERRED  OR  OTHERWISE  DISPOSED  OF
            UNLESS  REGISTERED UNDER THE SECURITIES ACT AND ANY APPLICABLE STATE
            SECURITIES  LAWS OR  PURSUANT  TO  AVAILABLE  EXEMPTIONS  FROM  SUCH
            REGISTRATION,  PROVIDED  THAT THE SELLER  DELIVERS TO THE COMPANY AN
            OPINION OF COUNSEL (WHICH OPINION IS REASONABLY  SATISFACTORY TO THE
            COMPANY)  CONFIRMING  THE  AVAILABILITY  OF  SUCH  EXEMPTION.  THESE
            SECURITIES  MAY BE PLEDGED  IN  CONNECTION  WITH A BONA FIDE  MARGIN
            ACCOUNT  SECURED  BY SUCH  SECURITIES  TO THE  EXTENT  PERMITTED  BY
            APPLICABLE FEDERAL AND STATE SECURITIES LAWS.

      9.10 Authority. If this Agreement is executed and delivered on behalf of a
partnership,  corporation,  trust or estate: (i) such partnership,  corporation,
trust or  estate  has the full  legal  right and  power  and all  authority  and
approval  required  (a) to execute  and  deliver,  or  authorize  execution  and
delivery of, this Agreement and all other instruments  executed and delivered by
or on behalf of such  partnership,  corporation,  trust or estate in  connection
with the purchase of the Shares, and (b) to purchase and hold such Shares;  (ii)
the signature of the party signing on behalf of such  partnership,  corporation,
trust or estate is binding upon such partnership,  corporation, trust or estate;
and (iii) such  partnership,  corporation  or trust has not been  formed for the
specific  purpose of acquiring the Shares,  unless each beneficial owner of such
entity is qualified as an "accredited investor" within the meaning of Regulation
D and has submitted information substantiating such individual qualification.

      9.11 Retirement Plan. If Purchaser is a retirement plan or is investing on
behalf of a retirement  plan,  Purchaser  acknowledges  that  investment  in the
Shares  poses  risks in  addition to those  associated  with other  investments,
including the  inability to use losses  generated by an investment in the Shares
to offset taxable income.

                                       13
<PAGE>

      9.12 Patriot Act; etc. The Purchaser is not, nor is it acting as an agent,
representative,  intermediary or nominee for, a person identified on the list of
blocked  persons  maintained  by the  Office of  Foreign  Assets  Control,  U.S.
Department  of  Treasury.  In addition,  the  Purchaser  has  complied  with all
applicable U.S. laws, regulations,  directives, and executive orders relating to
anti-money laundering , including but not limited to the following laws: (1) the
Sharing and  Strengthening  America by Providing  Appropriate  Tools Required to
Intercept  and  Obstruct  Terrorism  Act of 2001,  Public  Law  107-56;  and (2)
Executive  Order 13224  (Blocking  Property and  Prohibiting  Transactions  with
Persons Who Commit,  Threaten to Commit, or Support  Terrorism) of September 23,
2001. Any resale of Shares by the Purchaser to transferees shall not violate the
statutes mentioned in this representation.

      10. Understandings.

      Purchaser  understands,  acknowledges  and  agrees  with  the  Company  as
follows:

      10.1 Irrevocable  Nature.  Purchaser  hereby  acknowledges and agrees that
upon  execution  of  this  Agreement  by the  Purchaser,  the  Company  and  the
Stockholder,  the Purchaser's  obligation to purchase the Shares is irrevocable,
and,  except  as  required  by law or as  permitted  under  Section  8.1  above,
Purchaser is not entitled to cancel,  terminate or revoke this  Agreement or any
agreements  of  Purchaser  hereunder  and that  this  Agreement  and such  other
agreements  shall  survive the death or  disability  of  Purchaser  and shall be
binding upon and inure to the benefit of the parties hereto and their respective
heirs,  executors,   administrators,   successors,   legal  representatives  and
permitted  assigns.  If Purchaser is more than one person,  the  obligations  of
Purchaser   hereunder   shall  be  joint  and   several   and  the   agreements,
representations, warranties and acknowledgments herein contained shall be deemed
to be made  by and be  binding  upon  each  such  person  and his or her  heirs,
executors,  administrators,  successors,  legal  representatives  and  permitted
assigns.

      10.2 No Determination as to Fairness.  No federal or state agency has made
any findings or  determination  as to the fairness of the terms of this Offering
for investment, nor any recommendations or endorsement of the Shares.

      10.3  Exemption.  The Offering is intended to be exempt from  registration
under the Securities Act by virtue of Section 4(2) of the Securities Act and the
provisions of Rule 506 of Regulation D  thereunder,  which is in part  dependent
upon the truth,  completeness  and accuracy of the statements  made by Purchaser
herein.

      10.4  Legend.  Certificates  evidencing  the Shares  shall not contain any
legend (including the legend set forth in Section 9.9): (i) while a registration
statement  covering the resale of such Shares in effective  under the Securities
Act,  or  (ii)  following  a sale or  transfer  of such  Shares  pursuant  to an
effective  registration  statement  (including the  Registration  Statement,  as
defined above), or (iii) following a sale or transfer of such Shares pursuant to
Rule 144 under the Securities Act as evidenced by an opinion of counsel selected
by  transferor,  the form and  substance of which  opinion  shall be  reasonably
satisfactory  to the Company,  to the effect that such transfer does not require
registration of such  transferred  Shares under the securities Act (assuming the
transferor  is not an Affiliate of the  Company),  or (iv) while such Shares are
eligible for sale under Rule 144(k) and the  transferor has provided the Company
with an opinion of counsel selected by the transferor, the form and substance of
which  opinion shall be reasonably  satisfactory  to the company,  to the effect
that such Shares are eligible  for sale under Rule  144(k).  The Company may not
make any notation on its records or give  instructions  to any transfer agent of
the Company that enlarge the restrictions on transfer set forth in this Section.

                                       14
<PAGE>

      10.5  Transferee  Suitability.  It is  understood  that  in  order  not to
jeopardize the Offering's exempt status under Section 4(2) of the Securities Act
and Regulation D, any transferee  may, at a minimum,  be required to fulfill the
investor suitability requirements thereunder.

      10.6 Brokers and Finders.  No person or entity acting on behalf,  or under
the authority, of Purchaser is or will be entitled to any broker's,  finder's or
similar fee or commission in connection  with the  transactions  contemplated by
this Agreement. The Purchaser acknowledges and agrees, however, that Sterne Agee
& Leach,  Inc. and Global Hunter  Securities are acting as the Placement  Agents
for this  private  placement  and will receive a cash fee that is equal to seven
percent (7%) of the total amount raised, such fee being payable by the Company.

      10.7 Confidential Nature of Information.  Purchaser  acknowledges that the
information  furnished  in this  Agreement  by the Company to  Purchaser  or its
advisers in connection  with the  Offering,  is  confidential  and nonpublic and
agrees that all such written  information which is material and not yet publicly
disseminated by the Company shall be kept in confidence by Purchaser and neither
used by Purchaser for  Purchaser's  personal  benefit  (other than in connection
with this Agreement), nor disclosed to any third party, except Purchaser's legal
and other  advisers  who shall be  advised  of the  confidential  nature of such
information,  for any reason; provided,  however, that this obligation shall not
apply  to any  such  information  that (i) is part of the  public  knowledge  or
literature and readily accessible at the date hereof, (ii) becomes a part of the
public knowledge or literature and readily accessible by publication  (except as
a result of a breach of this  provision) or (iii) is received from third parties
(except  third  parties who, to the  knowledge of the  Purchaser,  disclose such
information  in  violation of any  confidentiality  agreements  or  obligations,
including,  without limitation, any subscription agreement entered into with the
Company).  The Company  represents and warrants to the Purchasers that following
the filing of the Form 8-K pursuant to Section 11.2 herein,  the Purchaser  will
not be in possession of any non-public information with respect to the Company.

      10.8 Survival. The representations, warranties and agreements of Purchaser
and  the  Company  contained  herein  and  in any  other  writing  delivered  in
connection with the Offering shall be true and correct in all material  respects
on and as of the  Closing  Date  as if made on and as of the  date  the  Company
executes  this  Agreement  and shall  survive the execution and delivery of this
Agreement and the purchase of the Shares.

      10.9 NO RECOMMENDATION.  IN MAKING AN INVESTMENT DECISION,  PURCHASER MUST
RELY ON ITS OWN  EXAMINATION  OF THE  COMPANY  AND THE  TERMS  OF THE  OFFERING,
INCLUDING THE MERITS AND RISKS INVOLVED. THE SHARES HAVE NOT BEEN RECOMMENDED BY
ANY  FEDERAL  OR  STATE  SECURITIES  COMMISSION  OR  REGULATORY  AUTHORITY.  ANY
REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.

      11. Covenants.

      11.1  Prohibition  on Certain Equity  Financings.  The Company agrees that
neither it nor the Public Company shall  undertake any other  financings  (other
than acquisitions  utilizing capital stock of the Company or the Public Company,
it being  understood that the shares issuable in such  transaction  shall not be
registered until the  Registration  Statement (as that term is defined below) is
deemed  effective by the SEC) involving  Equity Common Shares (as defined below)
on terms more  favorable than those in the Offering until thirty (30) days after
the  effectiveness  of the  Registration  Statement  covering  all of the Public
Company Shares,  without the prior written approval of the holders of a majority
of the Public Company Shares.  The Company and the Public Company may complete a
financing  on terms  that are  equivalent  or less  favorable  than those in the
Offering at their discretion;  however, the Company acknowledges that the Equity
Common  Shares sold in such an offering can not be  registered  for resale until
after the date the Registration  Statement is declared effective by the SEC. The
term "Equity  Common  Shares" as used herein shall mean all capital stock of the
Company or the Public Company, plus all rights, warrants,  options,  convertible
preferred  shares,  indebtedness,   exchangeable  securities  or  other  rights,
exercisable for or convertible  into,  directly or indirectly,  capital stock of
the Company or the Public  Company.  Notwithstanding  the above,  "Equity Common
Shares"  shall not  include  any  common  shares of the  Public  Company  issued
pursuant to any incentive or stock option plan of the Public Company approved by
the shareholders or the board of directors of the Public Company.

                                       15
<PAGE>

      11.2 Filing of Offering  Documents.  The Company  shall file all  required
documents  related to the Offering as exhibits to the Current Report on form 8-K
to be filed with the SEC by the Public Company on the business day following the
Closing Date.

      11.3 Press Release.  Immediately  following the Closing, but no later than
9:30am  Eastern Time on the business day following the Closing Date, the Company
shall issue a press release,  in a form suitable to the  Purchasers,  disclosing
the material terms of the Offering.

      11.4 Exchange Act  Compliance.  As long as any Purchaser  owns the Shares,
the Company  covenants to timely file (or obtain  extensions in respect  thereof
and file within the applicable grace period) all reports required to be filed by
the Company  after the date hereof  pursuant to the Exchange Act. As long as any
Purchaser owns Shares,  if the Company is not required to file reports  pursuant
to such laws,  it will prepare and furnish to the  Purchasers  and make publicly
available in accordance with Rule 144(c) such information as is required for the
Purchasers to sell the Shares under Rule 144. The Company further covenants that
it will take such further action as any holder of Shares may reasonably request,
all to the extent  required  from time to time to enable such person to sell the
Shares  without  registration  under the Securities Act within the limitation of
the exemptions provided by Rule 144.

      11.5 No  Integrated  Offerings.  The Company  shall not, and shall use its
best efforts to ensure that no affiliate of the Company shall,  sell,  offer for
sale or solicit offers to buy or otherwise  negotiate in respect of any security
(as defined in Section 2 of the  Securities  Act) that would be integrated  with
the offer or sale of the Shares in a manner that would require the  registration
under the  Securities Act of the sale of the Shares to the  Purchasers,  or that
would be  integrated  with the offer or sale of the Shares for  purposes  of the
rules and  regulations  of any  Trading  Market in a manner  that would  require
stockholder  approval of the sale of the Shares to the Purchasers.  For purposes
hereof,  "Trading  Market" shall mean whichever of the New York Stock  Exchange,
the American Stock  Exchange,  the NASDAQ  National  Market,  the NASDAQ Capital
Market or OTC  Bulletin  Board on which the Common Stock is listed or quoted for
trading on the date in question.

                                       16
<PAGE>

      11.6 Prohibition on Filing Registration Statements. Other than pursuant to
the Registration Statement or as required under the Make Good Escrow Agreements,
prior to the date the Registration  Statement is declared  effective by the SEC,
the Company  may not file any  registration  statement  (other than on Form S-8)
with the SEC with respect to any securities of the Company.

      11.7 Future Priced Securities. During the six months following the Closing
Date, the Company shall not issue any "Future Priced Securities" as such term is
described by NASD IM-4350-1.

      11.8 Material  Non-Public  Information.  The Company  covenants and agrees
that  neither it nor any other  person  acting on its behalf  will  provide  any
Purchaser  or its  agents  or  counsel  with any  information  that the  Company
believes constitutes material non-public information,  unless prior thereto such
Purchaser shall have executed a written agreement  regarding the confidentiality
and use of such  information.  The Company  understands  and confirms  that each
Purchaser  shall  be  relying  on the  foregoing  representations  in  effecting
transactions in securities of the Company.

      11.9 Listing of Public  Company  Shares.  The Company  agrees,  (i) if the
Company  applies to have the Public  Company  Shares traded on any other Trading
Market,  it will include in such application the Public Company Shares then held
by the Purchasers,  and will take such other action as is necessary or desirable
to cause the Public  Company Shares to be listed on such other Trading Market as
promptly as possible,  and (ii) it will take all action reasonably  necessary to
continue  the  listing  and  trading of the Public  Company  Shares on a Trading
Market and will comply in all material  respects with the  Company's  reporting,
filing and other obligations under the bylaws or rules of the Trading Market.

      11.10  Use of  Proceeds.  The net  proceeds  from the  sale of the  Shares
hereunder will be used for working capital purposes and not for the satisfaction
of any portion of the Company's  debt (other than payment of trade  payables and
accrued expenses in the ordinary course of the Company's business and consistent
with  prior  practices),   or  to  redeem  any  Common  Stock  or  Common  Stock
equivalents.

      11.11 Make Good Escrow  Arrangement.  The  Stockholder  and Choice Inspire
Limited,  the only other  stockholder  of the Company,  shall  escrow  1,347,644
shares, to be equitably  adjusted for stock splits,  stock dividends and similar
adjustments (the "Make Good Shares") of the Public Company's common stock,  that
these  stockholders  will  receive  as a  result  of the  Exchange  Transaction,
representing  13.77% of the  Public  Company's  issued  and  outstanding  common
capital stock immediately following the closing of the Exchange Transaction (the
"Make Good Pool").  The Company  covenants  that it would  attain the  following
financial  performance  thresholds (the  "Performance  Thresholds"):  $8,140,000
million of Net Income  ("NI") for the fiscal year ("FY06")  ending  December 31,
2006 (the "2006  Threshold")  and $12,713,760 of NI for the fiscal year ("FYO7")
ending December 31, 2007 (the "2007  Threshold").  The Company shall provide the
Purchaser Representative (as defined hereinafter) with (a) its audited financial
statements,  prepared in accordance with US GAAP, on or before March 31, 2007 so
as to allow the Purchaser Representative the opportunity to evaluate whether the
2006 Threshold was attained and (b) its audited financial  statements,  prepared
in  accordance  with U.S.  GAAP,  on or before March 31, 2008 so as to allow the
Subscriber Representative the opportunity to evaluate whether the 2007 Threshold
was attained.  If the 2006 Threshold is not achieved,  one-half of the Make Good
Shares  will be  distributed  on a pro  rata  basis  to the  Purchasers  of this
Offering.  If the 2007  Threshold is not achieved,  the  second-half of the Make
Good Shares can be  distributed  on a pro rata basis to the  Purchasers  of this
Offering. Notwithstanding anything to the contrary herein, only those Purchasers
who remain  stockholders  of the  Public  Company at the time that the Make Good
Shares become deliverable hereunder, shall be entitled to their pro rata portion
of the Make Good Shares. If required, the appropriate number of Make Good Shares
will be delivered to the  Purchasers  in the Offering  within ten (10)  business
days of the date the audit  report for the  applicable  period is filed with the
SEC.  The  Purchaser  hereby  appoints  Sterne Agee & Leach,  Inc. to act as the
Purchaser Representative (the "Purchase  Representative") in connection with the
Make Good Escrow Agreement entered into with the Stockholders for the purpose of
effectuating this provision. The Purchaser  Representative's sole responsibility
shall be to review the financial  statements of the Public  Company to determine
whether any make Good Shares should be distributed.

                                       17
<PAGE>

      11.12 Penalty for Failure to Deliver  Certificates.  If a Purchaser  shall
make a sale or  transfer  of  Shares  either  (x)  pursuant  to Rule  144 or (y)
pursuant to a  registration  statement and in each case shall have  delivered to
the Company or the Company's transfer agent the certificate  representing Shares
containing a  restrictive  legend which are the subject of such sale or transfer
and a representation letter in customary form (the date of such sale or transfer
and Share  delivery being the "Share  Delivery  Date") and (1) the Company shall
fail to  deliver  or cause  to be  delivered  to such  Purchaser  a  certificate
representing  such Shares that is free from all  restrictive or other legends by
the third  business day following the Share Delivery Date and (2) following such
third  business  day after the  Share  Delivery  Date and prior to the time such
Shares are received free from restrictive legends,  the Purchaser,  or any third
party on behalf of such Purchaser,  purchases (in an open market  transaction or
otherwise)  shares of Common Stock to deliver in  satisfaction  of a sale by the
Purchaser of such Shares (a "Buy-In"), then the Company shall pay in cash to the
Purchaser (for costs incurred  either directly by such Purchaser or on behalf of
a third  party)  the  amount by which the total  purchase  price paid for Common
Stock as a result of the Buy-In (including brokerage commissions, if any) exceed
the  proceeds  received by such  Purchaser as a result of the sale to which such
Buy-In  relates.   The  Purchaser  shall  provide  the  Company  written  notice
indicating the amounts payable to the Purchaser in respect of the Buy-In.

      11.13 Registration  Procedures.  At its expense,  the Public Company will:

                  (a)  Keep  the  Registration  Statement  effective  until  the
            earlier  of (i) three  years  and (ii)  such  time  that all  Public
            Company   Shares   received  by  the   Purchasers  in  the  Exchange
            Transaction  and covered by such  Registration  Statement  have been
            sold or may be sold  without  volume  restrictions  pursuant to Rule
            144(k) (the "Effectiveness  Period") 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 holders of such Shares ("Holders");

                  (b) After the date that the Registration Statement is declared
            effective  by  the   Commission,   without  regard  for  the  reason
            thereunder or efforts therefore,  the Company covenants not to allow
            such  Registration  Statement  to  cease,  for  any  reason,  to  be
            effective and  available to the  Purchasers at any time prior to the
            expiration  of its  Effectiveness  Period as to all  Public  Company
            Shares  which it is required to cover for more than an  aggregate of
            30 Trading Days (which need not be consecutive);

                  (c) Prepare and file with the Commission  such  amendments and
            supplements to the Registration Statement and the prospectus used in
            connection  with the  Registration  Statement as may be necessary to
            comply with the  provisions of the  Securities Act with respect to a
            disposition   of  all  securities   covered  by  such   Registration
            Statement;

                                       18
<PAGE>

                  (d)  Furnish  to such  Purchaser  and its  legal  counsel  (i)
            promptly after the same is prepared and publicly distributed,  filed
            with the  Commission  or  received by the  Company,  one copy of the
            Registration  Statement and any amendment thereto,  each preliminary
            prospectus and  prospectus and each amendment or supplement  thereto
            in both electronic and print format,  and (ii) such number of copies
            of  a  prospectus,  including  a  preliminary  prospectus,  and  all
            amendments and supplements thereto, and such other documents as each
            Purchaser  may  reasonably   request  in  order  to  facilitate  the
            disposition of the Public Company Shares owned by such Purchaser;

                  (e)  Notify  each  Purchaser  at any  time  when a  prospectus
            relating  thereto is required to be delivered  under the  Securities
            Act,  of the  happening  of any  event  as a  result  of  which  the
            prospectus  included  in  such  Registration  Statement,  as then in
            effect,  includes an untrue statement of a material fact or omits to
            state a material fact required to be stated  therein or necessary to
            make the statements therein not misleading or incomplete in light of
            the  circumstances  then  existing,  and  at  the  request  of  such
            Purchaser,  prepare and furnish to it a reasonable  number of copies
            of a  supplement  to or an amendment  of such  prospectus  as may be
            necessary so that, as thereafter  delivered to such Purchaser,  such
            prospectus  shall not include an untrue statement of a material fact
            or omit to state a material  fact  required to be stated  therein or
            necessary  to  make  the   statements   therein  not  misleading  or
            incomplete in light of the circumstances then existing;

                  (f) Use its  commercially  reasonable  efforts to prevent  the
            issuance of any stop order or other suspension of effectiveness of a
            Registration  Statement,  and, if such an order is issued, to obtain
            the withdrawal of such order at the earliest  possible moment and to
            notify each Purchaser (or, in the event of an underwritten offering,
            the  managing  underwriters)  of the  issuance of such order and the
            resolution thereof;

                  (g) Cause all Public Company Shares received by the Purchasers
            in the Exchange  Transaction  to be listed or included for quotation
            on a Trading  Market on which the Common Stock of the Public Company
            is then listed, traded or included for quotation;

                  (h)  Provide a  transfer  agent and  registrar  for all Public
            Company Shares and CUSIP number for all such Public Company  Shares,
            in each case not later than the effective date of such registration;

                  (i) Make  available  for  inspection  by the  Purchasers,  any
            underwriter  participating  in  any  disposition  pursuant  to  such
            Registration  Statement and any attorney or  accountant  retained by
            the  Purchasers or  underwriter,  all  financial and other  records,
            pertinent  corporate  documents  and  properties  of the Company and
            cause the Company's officers and directors to supply all information
            reasonably  requested by  Purchaser,  any  underwriter,  attorney or
            accountant in connection with such Registration Statement. Provided,
            however,  that the Public  Company shall not provide  information to
            the  Purchasers to the extent it  constitutes  material,  non-public
            information;

                  (j)  Furnish to each  Purchaser  or its  counsel a copy of all
            documents  filed  with  and  all  correspondence   from  or  to  the
            Commission  in  connection  with  any such  registration.  Provided,
            however,  that the Public  Company shall not provide  information to
            the  Purchasers to the extent it  constitutes  material,  non-public
            information;

                                       19
<PAGE>

                  (k) Take all other  reasonable  actions  necessary to expedite
            and  facilitate  disposition by each Purchaser of the Public Company
            Shares pursuant to the Registration Statement.

      11.14 Indemnification and Contribution.

                  (a) To the fullest extent permitted by law, the Public Company
            will,  and hereby  does,  indemnify,  hold  harmless and defend each
            Purchaser who holds Public Company Shares, the directors,  officers,
            partners, employees, agents, representatives of, and each person, if
            any, who controls any Purchaser within the meaning of the Securities
            Act or the Exchange Act (each, an "Indemnified Person"), against any
            losses, claims, damages,  liabilities,  judgments, fines, penalties,
            charges,  costs,  attorneys'  fees,  amounts paid in  settlement  or
            expenses,  joint or several  (collectively,  "Claims"),  incurred in
            investigating,  preparing  or  defending  any action,  claim,  suit,
            inquiry,   proceeding,   investigation  or  appeal  taken  from  the
            foregoing by or before any court or governmental,  administrative or
            other regulatory agency, body or the Commission,  whether pending or
            threatened,  whether  or not an  Indemnified  Person  is or may be a
            party thereto (collectively, "Indemnified Damages"), to which any of
            them may  become  subject  insofar  as such  Claims  (or  actions or
            proceedings,  whether  commenced or threatened,  in respect thereof)
            arise out of or are based upon: (i) any untrue  statement or alleged
            untrue  statement of a material fact in a Registration  Statement or
            any  post-effective  amendment  thereto  or in any  filing  made  in
            connection  with  the   qualification  of  the  offering  under  the
            securities  or other  "blue sky" laws of any  jurisdiction  in which
            Public  Company  Shares  are  offered,  or the  omission  or alleged
            omission to state a material fact  required to be stated  therein or
            necessary to make the statements  therein not  misleading,  (ii) any
            untrue  statement or alleged  untrue  statement  of a material  fact
            contained  in  any  preliminary  prospectus  if  used  prior  to the
            effective date of such Registration  Statement,  or contained in the
            final prospectus (as amended or supplemented,  if the Public Company
            files any amendment  thereof or supplement  thereto with the SEC) or
            the omission or alleged  omission to state therein any material fact
            necessary  to make  the  statements  made  therein,  in light of the
            circumstances  under which the  statements  therein  were made,  not
            misleading,  (iii) any violation or alleged  violation by the Public
            Company of the  Securities  Act,  the  Exchange  Act, any other law,
            including, without limitation, any state securities law, or any rule
            or regulation thereunder, in each case relating to the offer or sale
            of the Public Company Shares pursuant to a Registration Statement or
            (iv) any material  violation by the Public Company of this Agreement
            (the  matters in the  foregoing  clauses  (i)  through  (iv)  being,
            collectively,  "Violations"). The Public Company shall reimburse the
            Indemnified Persons for any legal fees or other expenses incurred by
            them in connection with investigating or defending any such Claim as
            such fees or expenses  are  incurred;  provided,  however,  that the
            indemnity  agreement  contained in this 11.14(a)  shall not apply to
            amounts  paid in  settlement  of any  Claim  if such  settlement  is
            effected  without the prior written  consent of the Public  Company,
            which consent shall not be  unreasonably  withheld.  Notwithstanding
            anything  to the  contrary  contained  herein,  the  indemnification
            agreement contained in this Section11.14(a):  (i) shall not apply to
            a Claim by an  Indemnified  Person  arising  out of or based  upon a
            Violation  which occurs in reliance  upon  information  furnished in
            writing to the  Company or the  Public  Company by such  Indemnified
            Person  expressly for use in connection  with the preparation of the
            Registration  Statement or any such amendment  thereof or supplement
            thereto;  (ii) shall not be  available  to the extent  such Claim is
            based on a  failure  of a  Purchaser  to  deliver  or to cause to be
            delivered the prospectus  made available by the Public  Company,  if
            such prospectus was timely made available by the Public Company; and
            (iii) shall not apply to amounts paid in  settlement of any Claim if
            such settlement is effected without the prior written consent of the
            Public Company,  which consent shall not be  unreasonably  withheld.
            Such indemnity  shall remain in full force and effect  regardless of
            any investigation made by or on behalf of the Indemnified Person and
            shall  survive  the  transfer  of the Public  Company  Shares by the
            Purchasers.

                                       20
<PAGE>

                  (b)  Each  Purchaser  agrees  to  severally  and  not  jointly
            indemnify,  hold harmless and defend,  to the same extent and in the
            same manner as is set forth in  Section11.14(a),  the  Company,  the
            Public Company,  each of their respective  directors,  each of their
            respective officers who signs the Registration  Statement,  and each
            Person,  if any,  who  controls  the  Company or the Public  Company
            within  the  meaning  of the  Securities  Act or  the  Exchange  Act
            (collectively   and  together  with  an   Indemnified   Person,   an
            "Indemnified  Party"),  against any Claim or Indemnified  Damages to
            which any of them may become subject,  under the Securities Act, the
            Exchange  Act or  otherwise,  insofar as such  Claim or  Indemnified
            Damages arise out of or are based upon any  Violation,  in each case
            to the extent, and only to the extent, that such Violation occurs in
            reliance upon written information furnished to the Public Company or
            the Company by such Purchaser  expressly for use in connection  with
            such Registration Statement;  and, such Purchaser will reimburse any
            legal or other  expenses  reasonably  incurred by them in connection
            with investigating or defending any such Claim;  provided,  however,
            that the  indemnity  agreement  contained in this  Section  11.14(b)
            shall not apply to amounts paid in  settlement  of any Claim if such
            settlement  is effected  without the prior  written  consent of such
            Purchaser,   which  consent  shall  not  be  unreasonably  withheld;
            provided, further, however, that the Purchaser shall be liable under
            this  Section11.14(b) for only that amount of a Claim or Indemnified
            Damages as does not exceed the proceeds to such Investor as a result
            of the sale of Public Company Shares. Such indemnity shall remain in
            full force and effect regardless of any investigation  made by or on
            behalf of such  Indemnified  Party and shall survive the transfer of
            the Public Company Shares by the Purchasers.

                  (c)  The   foregoing   indemnity   agreements   contained   in
            Sections11.14(a)  and  11.14(b) are subject to the  condition  that,
            insofar  as they  relate  to any  Violation  made  in a  preliminary
            prospectus but  eliminated or remedied in the amended  prospectus on
            file with the Commission at the time the  Registration  Statement in
            question becomes  effective or in the amended  prospectus filed with
            the  Commission  pursuant  to  Rule  424(b)  promulgated  under  the
            Securities Act (the "Final  Prospectus"),  such indemnity agreements
            shall not inure to the benefit of any Indemnified Party if a copy of
            the  Final  Prospectus  was  furnished  in a  timely  manner  to the
            Indemnified  Party and was not furnished to the person asserting the
            Indemnified  Damages at or prior to the time such action is required
            by the Securities Act.

                  (d) Promptly after receipt by an Indemnified  Party under this
            Section11.14  of  notice  of  the  commencement  of  any  action  or
            proceeding   (including  any  governmental   action  or  proceeding)
            involving  a Claim,  such  Indemnified  Party  shall,  if a Claim in
            respect thereof is to be made against any  indemnifying  party under
            this  Section  11.14,  deliver to the  indemnifying  party a written
            notice of the commencement thereof, and the indemnifying party shall
            have  the  right  to   participate   in,  and,  to  the  extent  the
            indemnifying  party so desires,  jointly with any other indemnifying
            party  similarly  noticed,  to assume control of the defense thereof
            with counsel mutually satisfactory to the indemnifying party and the
            Indemnified Party (or, if there is more than one Indemnified  Party,
            a  majority  in  interest  of the  Indemnified  Parties);  provided,
            however,  that an  Indemnified  Party shall have the right to retain
            its  own  counsel  with  the  fees  and  expenses  to be paid by the
            indemnifying  party,  if,  in  the  reasonable  opinion  of  counsel
            retained  by the  Indemnified  Party,  the  representation  by  such
            counsel of the Indemnified Party and the indemnifying party would be
            inappropriate due to actual or potential differing interests between
            such  Indemnified  Party and any  other  party  represented  by such
            counsel in such  proceeding.  The Indemnified  Party shall cooperate
            fully with the indemnifying party in connection with any negotiation
            or defense of any such action or claim by the indemnifying party and
            shall furnish to the indemnifying  party all information  reasonably
            available to the  Indemnified  Party which relates to such action or
            claim. The indemnifying party shall keep the Indemnified Party fully
            apprised  at all  times  as to the  status  of  the  defense  or any
            settlement  negotiations with respect thereto. No indemnifying party
            shall  be  liable  for  any  settlement  of  any  action,  claim  or
            proceeding effected without its written consent; provided,  however,
            that the indemnifying party shall not unreasonably  withhold,  delay
            or condition its consent.  No indemnifying party shall,  without the
            consent of the Indemnified  Party,  consent to entry of any judgment
            or enter  into any  settlement  or other  compromise  which does not
            include as an unconditional  term thereof the giving by the claimant
            or  plaintiff  to such  Indemnified  Party  of a  release  from  all
            liability  in  respect  to  such  claim  or  litigation.   Following
            indemnification  as provided for hereunder,  the indemnifying  party
            shall be  subrogated  to all  rights of the  Indemnified  Party with
            respect to all third parties,  firms or corporations relating to the
            matter  for which  indemnification  has been  made.  The  failure to
            deliver written notice to the indemnifying party within a reasonable
            time of the  commencement  of any such action shall not relieve such
            indemnifying  party of any liability to the Indemnified  Party under
            this Section 11.14, except to the extent that the indemnifying party
            is materially prejudiced in its ability to defend such action.

                                       21
<PAGE>

                  (e) If the indemnification  provided for in this Section 11.14
            is  unavailable to or  insufficient  to hold harmless an Indemnified
            Party under  subsection (a) or (b) hereof in respect of any Claim or
            Indemnified  Damages,  then each indemnifying party shall contribute
            to the amount paid or payable by such Indemnified  Party as a result
            of such  Claim  or  Indemnified  Damages  in such  proportion  as is
            appropriate  to reflect the relative  fault of the Public Company on
            the one hand and the Purchaser on the other in  connection  with the
            statements  or omissions  or other  matters  which  resulted in such
            Claim  or  Indemnified  Damages,  as  well  as  any  other  relevant
            equitable considerations.  The relative fault shall be determined by
            reference  to,  among  other  things,  in  the  case  of  an  untrue
            statement,  whether  the untrue  statement  relates  to  information
            supplied by the  Company or the Public  Company on the one hand or a
            Purchaser on the other and the parties' relative intent,  knowledge,
            access to  information  and  opportunity  to correct or prevent such
            untrue  statement.  The Public Company and the Purchasers agree that
            it would not be just and equitable if contribution  pursuant to this
            Section 11.14(e) were determined by pro rata allocation (even if all
            Purchasers  were  treated as one entity for such  purpose) or by any
            other  method of  allocation  which does not take into  account  the
            equitable considerations referred to above in this Section 11.14(e).
            The amount  paid or payable by an  Indemnified  Party as a result of
            the Claims or Indemnified  Damages referred to above in this Section
            11.14(e)  shall be deemed  to  include  any legal or other  expenses
            reasonably  incurred by such  Indemnified  Party in connection  with
            investigating or defending any such action or claim. Notwithstanding
            the  provisions  of this Section  11.14(e),  no  Purchaser  shall be
            required  to  contribute  any  amount  in  excess  of the  amount of
            proceeds  received  by the  Purchaser  from the  sale of the  Public
            Company  Shares.  No Person guilty of  fraudulent  misrepresentation
            (within the meaning of Section 11(f) of the Securities Act) shall be
            entitled to contribution  from any Person who was not guilty of such
            fraudulent   misrepresentation.   Contribution  (together  with  any
            indemnification  or other  obligations  under this Agreement) by any
            Purchaser  (including any  Indemnified  Party  associated  with such
            Purchaser)  shall be  limited  in amount to the  amount of  proceeds
            received  by such  Purchaser  from  the sale of the  Public  Company
            Shares.

                                       22
<PAGE>

      12. Miscellaneous.

      12.1 Notices.  Except as set forth elsewhere herein,  any notice or demand
to be given or served in connection  herewith shall be deemed to be sufficiently
given or served for all purposes by being sent as registered or certified  mail,
return receipt requested, postage prepaid, in the case of the Company, addressed
to it at the address set forth below:

                          Wonder Auto Limited
                          No. 56 Lingxi Street
                          Taihe District
                          Jinzhou City, Liaoning
                          People's Republic of China, 121013

      and in the case of Purchaser  to the address set forth on the  Signature
Page hereto

      12.2  Governing  Law.  This  Agreement  shall be  enforced,  governed  and
construed in  accordance  with the laws of the State of New York without  giving
effect to choice of laws principles or conflict of laws provisions thereof.

      12.3 Jurisdiction.  The parties hereby  irrevocably  consent and submit to
the  jurisdiction  of the state and federal  courts  located in the State of New
York for all purposes. Purchaser hereby waives, and agrees not to assert against
the Company,  or any successor assignee thereof, by way of motion, as a defense,
or otherwise,  in any such suit,  action or  proceeding,  (i) any claim that the
Purchaser  is not  personally  subject to the  jurisdiction  of the  above-named
courts,  and (ii) to the extent permitted by applicable law, any claim that such
proceeding  relating to the enforcement of an award is in an inconvenient  forum
or that the venue of any such  proceeding is improper or that this Agreement may
not be enforced or that judgment may not be entered in any such courts.

      12.4 Attorney's Fees. In any action, proceeding or counterclaim brought to
enforce any of the provisions of this Agreement or to recover damages, costs and
expenses in connection with any breach of the Agreement,  the prevailing  party,
as determined  by the finder of fact,  shall be entitled to be reimbursed by the
opposing party for all of the prevailing  party's  reasonable outside attorneys'
fees, costs and other  out-of-pocket  expenses  incurred in connection with such
action, proceeding or counterclaim.

                                       23
<PAGE>

      12.5 Entire  Agreement.  This Agreement  constitutes the entire  agreement
among the parties hereto with respect to the subject matter hereof. There are no
restrictions,  promises, warranties or undertakings,  other than those set forth
herein.  The  Company  acknowledges  that all  material  facts upon which it has
relied in forming its decision to enter into this  Agreement  are  expressly set
forth  herein  and  further  acknowledges  that the  Purchaser  has not made any
representations,  express or implied,  which are not expressly set forth herein.
This Agreement  supercedes all prior  agreements  and  understandings  among the
parties hereto with respect to the subject matter hereof.

      12.6 Publicity.  The Company shall not issue any public statement or press
release,  or otherwise  disclose in any manner the identity of the  Purchaser or
that  Purchaser has purchased the Shares,  without the prior written  consent of
the Purchaser,  except as may be required by applicable law; provided,  however,
that the Company may disclose such  information  in the  Registration  Statement
filed with the SEC.

      12.7  Amendment.  No provision of this  Agreement may be waived or amended
except in a written  instrument signed by the Company and the Purchasers holding
a majority  of the  Shares  provided  that those  provisions  that  require  all
Purchasers  to consent  requires  100% to amend.  No waiver of any default  with
respect to any provision,  condition or  requirement of this Agreement  shall be
deemed to be a  continuing  waiver in the  future or a waiver of any  subsequent
default or a waiver of any other provision, condition or requirement hereof, nor
shall any delay or omission of either party to exercise  any right  hereunder in
any manner  impair the  exercise of any such right.  No  consideration  shall be
offered or paid to any Purchaser to amend or consent to a waiver or modification
of any provision of this Agreement unless the same consideration is also offered
to all Purchasers who then hold Shares.

      12.8  Successors  and Assigns.  This  Agreement  shall be binding upon and
inure to the benefit of the parties and their successors and permitted  assigns.
The Company may not assign this Agreement or any rights or obligations hereunder
without the prior written  consent of the  Purchasers.  Any Purchaser may assign
any or all of its  rights  under  this  Agreement  to any  person  to whom  such
Purchaser  assigns or transfers any Shares,  provided such transferee  agrees in
writing to be bound,  with respect to the transferred  Shares, by the provisions
hereof  that apply to the  "Purchasers."  This  Agreement  is  intended  for the
benefit of the parties  hereto and their  respective  successors  and  permitted
assigns and is not for the benefit of, nor may any provision  hereof be enforced
by, any other  person  (except an  indemnified  party  pursuant  to Section  4.2
herein).

      12.9  Severability.  If any  provision  of  this  Agreement  is held to be
invalid or unenforceable in any respect,  the validity and enforceability of the
remaining  terms  and  provisions  of  this  Agreement  shall  not in any way be
affected or impaired  thereby and the parties will attempt to agree upon a valid
and enforceable provision that is a reasonable substitute therefor,  and upon so
agreeing, shall incorporate such substitute provision in this Agreement.

      12.10 Nature of Obligations.  The obligations of each Purchaser under this
Agreement are several and not joint with the obligations of any other Purchaser,
and no Purchaser  shall be  responsible  in any way for the  performance  of the
obligations of any other Purchaser  under this  Agreement.  The decision of each
Purchaser to purchase  Shares  pursuant to this  Agreement has been made by such
Purchaser independently of any other Purchaser. Nothing contained herein, and no
action taken by any Purchaser  pursuant  thereto,  shall be deemed to constitute
the Purchasers as a partnership,  an  association,  a joint venture or any other
kind of  entity,  or create a  presumption  that the  Purchasers  are in any way
acting  in  concert  or as a  group  with  respect  to such  obligations  or the
transactions contemplated by this Agreement. Each Purchaser acknowledges that no
other  Purchaser has acted as agent for such Purchaser in connection with making
its  investment  hereunder and that no Purchaser will be acting as agent of such
Purchaser  in  connection  with  monitoring  its  investment  in the  Shares  or
enforcing its rights under this  Agreement.  Each Purchaser shall be entitled to
independently protect and enforce its rights, including, without limitation, the
rights  arising out of this  Agreement,  and it shall not be  necessary  for any
other  Purchaser to be joined as an additional  party in any proceeding for such
purpose.  The Company acknowledges that each of the Purchasers has been provided
with the same  Agreement for the purpose of closing a transaction  with multiple
Purchasers  and  not  because  it  was  required  or  requested  to do so by any
Purchaser.

                                       24
<PAGE>

                                 SIGNATURE PAGE

      IN WITNESS  WHEREOF,  the parties have  executed  this Stock  Purchase and
Subscription Agreement as of the date first set forth above.

THE COMPANY:                               THE STOCKHOLDER:

WONDER AUTO LIMITED                        EMPOWER CENTURY LIMITED

By:                                        By:
   ---------------------------                ---------------------------
    Name: Qingjie Zhao                        Name: Qingjie Zhao
    Title: CEO and Chairman                   Title:

                                    THE PURCHASERS:

                                    For Individuals:

                                    ---------------------------
                                    Print Name Above

                                    ---------------------------
                                    Sign Name Above

                                    For Entities:

                                    ---------------------------
                                    Print Name Above

                                    By:
                                       ------------------------------
                                       Name:
                                       Title:

                                    ADDRESS:
                                            ---------------------------
                                            ---------------------------
                                            ---------------------------

                                    TAX ID NUMBER:
                                                 ---------------------------

TOTAL NUMBER OF SHARES PURCHASED
                                ------------------

TOTAL COST OF SHARES PURCHASED, AT $265,033.85 PER SHARE, IS $                 .
                                                              ------------------

<PAGE>

                                     ANNEX I

<TABLE>
<CAPTION>
                                                NUMBER OF COMPANY     PURCHASE PRICE FOR     NUMBER OF STOCKHOLDER
NAME OF PURCHASER                                SHARES PURCHASED       COMPANY SHARES          SHARES PURCHASED
<S>                                             <C>                   <C>                    <C>
Atlas Allocation Fund, L.P.                          2.263862              $600,000                 1.509241

Gerald Bolfing                                       0.226386               $60,000                 0.150924

Daniel O. Conwill IV                                 1.131931              $300,000                 0.754621

Gary C. Evans                                        2.263862              $600,000                 1.509241

William W. Gay                                       0.113193               $30,000                 0.075462

Harold E. Gear                                       0.113193               $30,000                 0.075462

Matthew Hayden                                       0.452772              $120,000                 0.301848

Jayhawk China Fund (Cayman) Ltd.                     6.791585             $1,800,000                4.527724

David Kenkel                                         0.113193               $30,000                 0.075462

Michael R. Kindred and Mary A.                       0.226386               $60,000                 0.150924
Kubes-Kindred, Joint Tenants

Glenn A. Little                                      0.226386               $60,000                 0.150924

Pinnacle China Fund, L.P.                           16.526191             $4,380,000               11.017461

Dean C. Pisani                                       0.113193               $30,000                 0.075462

Carolyn Prahl                                        0.226386               $60,000                 0.150924

Precept Capital Master Fund, G.P.                    1.131931              $300,000                 0.754621

Sandor Capital Master Fund, L.P.                     2.263862              $600,000                 1.509241

Sterling Research & Management LLC                   0.679159              $180,000                 0.452772

Michael K. Studer                                    0.113193               $30,000                 0.075462

US Special Opportunities Trust PLC                   1.697896              $450,000                 1.131931

Renaissance US Growth Investment Trust PLC           1.697896              $450,000                 1.131931

Premier RENN US Emerging Growth Fund Limited         1.131931              $300,000                 0.754621

John H. Trescot Jr.                                  0.113193               $30,000                 0.075462

Westpark Capital, L.P.                               4.527724             $1,200,000                3.018482

Whitebox Intermarket Partners, LP                    1.131931              $300,000                 0.754621

                                        TOTALS      45.277236             $12,000,000              30.184824

<CAPTION>
                                                                      AGGREGATE PORTION
                                                                      OF PURCHASE PRICE
                                                PURCHASE PRICE FOR       PAYABLE BY
NAME OF PURCHASER                               STOCKHOLDER SHARES       PURCHASER
<S>                                             <C>                   <C>
Atlas Allocation Fund, L.P.                          $400,000            $1,000,000

Gerald Bolfing                                       $40,000              $100,000

Daniel O. Conwill IV                                 $200,000             $500,000

Gary C. Evans                                        $400,000            $1,000,000

William W. Gay                                       $20,000              $50,000

Harold E. Gear                                       $20,000              $50,000

Matthew Hayden                                       $80,000              $200,000

Jayhawk China Fund (Cayman) Ltd.                    $1,200,000           $3,000,000

David Kenkel                                         $20,000              $50,000

Michael R. Kindred and Mary A.                       $40,000              $100,000
Kubes-Kindred, Joint Tenants

Glenn A. Little                                      $40,000              $100,000

Pinnacle China Fund, L.P.                           $2,920,000           $7,300,000

Dean C. Pisani                                       $20,000              $50,000

Carolyn Prahl                                        $40,000              $100,000

Precept Capital Master Fund, G.P.                    $200,000             $500,000

Sandor Capital Master Fund, L.P.                     $400,000            $1,000,000

Sterling Research & Management LLC                   $120,000             $300,000

Michael K. Studer                                    $20,000              $50,000

US Special Opportunities Trust PLC                   $300,000             $750,000

Renaissance US Growth Investment Trust PLC           $300,000             $750,000

Premier RENN US Emerging Growth Fund Limited         $200,000             $500,000

John H. Trescot Jr.                                  $20,000              $50,000

Westpark Capital, L.P.                               $800,000            $2,000,000

Whitebox Intermarket Partners, LP                    $200,000             $500,000

                                      TOTALS        $8,000,000          $20,000,000
</TABLE>Exhibit 10.2
                                ESCROW AGREEMENT

      This Escrow Agreement (the  "Agreement"),  dated June 22, 2006, is entered
into by and among MGCC Investment  Strategies,  Inc., a Nevada  corporation (the
"Company"),  Sterne Agee & Leach,  Inc.,  a Delaware  corporation,  as placement
agent and  representative of the Subscribers (the "Subscriber  Representative"),
Empower  Century  Limited,  a British  Virgin Islands  corporation  ("Empower"),
Choice Inspire  Limited,  a British Virgin Island  corporation  ("Choice,"  and,
together with Empower, the "Stockholders"),  and Securities Transfer Corporation
(hereinafter  referred to as "Escrow Agent"). All capitalized terms used but not
defined herein shall have the meanings assigned them in the various Subscription
Agreements,  between Wonder Auto Limited, a BVI corporation  ("Wonder") and each
Subscriber  in  the  Offering  (each  a  "Subscriber"  and   collectively,   the
"Subscribers").

                                   BACKGROUND

      As an  inducement  to the  Subscribers  to  enter  into  the  Subscription
Agreement, the Stockholders agreed that the Stockholders would place the "Escrow
Shares" (as hereinafter  defined) into escrow for the benefit of the Subscribers
in the event the Company  failed to satisfy  the  "Performance  Thresholds"  (as
hereinafter   defined).   Pursuant  to  the  requirements  of  the  Subscription
Agreement, the Company, the Stockholders and the Subscriber  Representative have
agreed to  establish  an escrow  on the terms and  conditions  set forth in this
Agreement and the Escrow Agent has agreed to act as escrow agent pursuant to the
terms and conditions of this Agreement.

                                    AGREEMENT

      NOW, THEREFORE, in consideration of the mutual promises of the parties and
the terms and conditions hereof, the parties hereby agree as follows:

      1. Appointment of Escrow Agent. The Subscriber Representative on behalf of
the  Subscribers,  the  Stockholders  and the Company hereby appoint  Securities
Transfer  Corporation  as Escrow Agent to act in  accordance  with the terms and
conditions  set forth in this  Agreement,  and Escrow Agent hereby  accepts such
appointment and agrees to act in accordance with such terms and conditions.

      2.  Establishment  of Escrow.  Upon the execution of this  Agreement,  the
Stockholders   shall  deliver  to  the  Escrow  Agent  four  stock  certificates
evidencing 1,347,644 shares in the aggregate, to be equitably adjusted for stock
splits,  stock  dividends  and similar  adjustments  (collectively,  the "Escrow
Shares") of the Company's  common capital stock along with stock powers executed
in blank. The first two certificates (one from each Stockholder) shall represent
673,822  shares in the  aggregate,  to be equitably  adjusted for stock  splits,
stock  dividends  and similar  adjustments  (the "2006  Escrow  Shares") and the
second two  certificates  (one from each  Stockholder)  shall  evidence  673,822
shares in the  aggregate,  to be  equitably  adjusted  for stock  splits,  stock
dividends and similar adjustments (the "2007 Escrow Shares").

<PAGE>

      3. Representations of The Stockholders.  The Stockholders hereby represent
and warrant to the Subscribers and the Subscriber Representative as follows:

            (i) The Escrow Shares are validly issued, fully paid and
      nonassessable shares of the Company, and free and clear of all pledges,
      liens and encumbrances.

            (ii) Performance of this Agreement and compliance with the
      provisions hereof will not violate any provision of any applicable law and
      will not conflict with or result in any breach of any of the terms,
      conditions or provisions of, or constitute a default under, or result in
      the creation or imposition of any lien, charge or encumbrance upon, any of
      the properties or assets of the Stockholders pursuant to the terms of any
      indenture, mortgage, deed of trust or other agreement or instrument
      binding upon the Stockholders, other than such breaches, defaults or liens
      which would not have a material adverse effect taken as a whole.

      4.  Disbursement  of Escrow Shares.  Wonder  covenanted to the Subscribers
that Wonder would attain the following  financial  performance  thresholds  (the
"Performance  Thresholds"):  $8,140,000  million  of Net  Income  ("NI") for the
fiscal  year  ("FY06")  ending  December  31,  2006 (the "2006  Threshold")  and
$12,713,760  of NI for the fiscal year  ("FYO7")  ending  December 31, 2007 (the
"2007 Threshold").  The Company will provide the Subscriber  Representative with
(a) its audited financial statements, prepared in accordance with US GAAP, on or
before  March  31,  2007  so as  to  allow  the  Subscriber  Representative  the
opportunity  to evaluate  whether the 2006  Threshold  was  attained and (b) its
audited  financial  statements,  prepared in  accordance  with U.S.  GAAP, on or
before  March  31,  2008  so as  to  allow  the  Subscriber  Representative  the
opportunity  to evaluate  whether the 2007  Threshold was attained.  If the 2006
Threshold  is not  achieved,  the Company  shall  cause its  special  securities
counsel,  Thelen Reid & Priest LLP, to provide written instruction to the Escrow
Agent instructing the Escrow Agent to issue and deliver within ten business days
following   delivery  of  the  FY06  financial   statements  to  the  Subscriber
Representative certificates registered in the name of each Subscriber evidencing
the  Subscriber's  pro rata  portion  of the  2006  Escrow  Shares.  If the 2007
Threshold  is not  achieved,  the Company  shall  cause its  special  securities
counsel,  Thelen Reid & Priest LLP, to provide written instruction to the Escrow
Agent to issue and deliver  within ten business days  following  delivery of the
FY07  financial  statements  to  the  Subscriber   Representative   certificates
registered in the name of each Subscriber  evidencing the  Subscriber's pro rata
portion of the 2007 Escrow  Shares.  Each  Subscriber's  portion of the required
number of Escrow Shares shall be equal to such  Subscriber's pro rata portion of
such  required  number of Escrow  Shares  (based upon the  respective  number of
shares of Wonder's  capital stock  acquired by each  Subscriber  pursuant to the
Subscription  Agreement).  Notwithstanding anything to the contrary herein, only
those  Subscribers  who remain  stockholders of the Company at the time that any
Escrow Shares become  deliverable  hereunder shall be entitled to their pro rata
portion of such Escrow Shares.  The Subscriber  Representative  shall thereafter
promptly  deliver to the Subscribers  such  certificates.  The Escrow Agent need
only rely on the letter of  instruction  from  Thelen  Reid & Priest LLP in this
regard.  If the 2006  Threshold or the 2007  Threshold is achieved,  the Company
shall  cause  Thelen  Reid & Priest LLP to provide  written  instruction  to the
Escrow Agent,  for the release of the 2006 Escrow Shares or 2007 Escrow  Shares,
respectively, to the Stockholders.

                                       2
<PAGE>

      5. Duration. This Agreement shall terminate on the distribution of all the
Escrow Shares in accordance with Section 4 above.

      6.  Interpleader.  Should any  controversy  arise among the parties hereto
with  respect to this  Agreement  or with  respect  to the right to receive  the
Escrow  Shares,  Escrow Agent shall have the right to consult  counsel and/or to
institute an  appropriate  interpleader  action to  determine  the rights of the
parties.  Escrow Agent is also hereby  authorized  to  institute an  appropriate
interpleader  action upon receipt of a written  letter of direction  executed by
the parties so directing  Escrow Agent. If Escrow Agent is directed to institute
an appropriate  interpleader action, it shall institute such action not prior to
thirty (30) days after  receipt of such letter of  direction  and not later than
sixty  (60)  days  after  such  date.  Any  interpleader  action  instituted  in
accordance  with  this  Section  6 shall  be filed  in any  court  of  competent
jurisdiction in Dallas County,  Texas, and the Escrow Shares in dispute shall be
deposited with the court and in such event Escrow Agent shall be relieved of and
discharged from any and all  obligations  and liabilities  under and pursuant to
this Agreement with respect to the Escrow Shares.

      7. Exculpation and Indemnification of Escrow Agent.

            (a) Escrow Agent is not a party to, and is not bound by or charged
with notice of any agreement out of which this escrow may arise. Escrow Agent
acts under this Agreement as a depositary only and is not responsible or liable
in any manner whatsoever for the sufficiency, correctness, genuineness or
validity of the subject matter of the escrow, or any part thereof, or for the
form or execution of any notice given by any other party hereunder, or for the
identity or authority of any person executing any such notice. Escrow Agent will
have no duties or responsibilities other than those expressly set forth herein.
Escrow Agent will be under no liability to anyone by reason of any failure on
the part of any party hereto (other than Escrow Agent) or any maker, endorser or
other signatory of any document to perform such person's or entity's obligations
hereunder or under any such document. Except for this Agreement and instructions
to Escrow Agent pursuant to the terms of this Agreement, Escrow Agent will not
be obligated to recognize any agreement between or among any or all of the
persons or entities referred to herein, notwithstanding its knowledge thereof.

            (b) Escrow Agent will not be liable for any action taken or omitted
by it, or any action suffered by it to be taken or omitted, in good faith and in
the exercise of its own best judgment, and may rely conclusively on, and will be
protected in acting upon, any order, notice, demand, certificate, or opinion or
advice of counsel (including counsel chosen by Escrow Agent), statement,
instrument, report or other paper or document (not only as to its due execution
and the validity and effectiveness of its provisions, but also as to the truth
and acceptability of any information therein contained) which is reasonably
believed by Escrow Agent to be genuine and to be signed or presented by the
proper person or persons. The duties and responsibilities of the Escrow Agent
hereunder shall be determined solely by the express provisions of this Agreement
and no other or further duties or responsibilities shall be implied, including,
but not limited to, any obligation under or imposed by any laws of the State of
Texas upon fiduciaries.

                                       3
<PAGE>

            (c) Escrow Agent will be indemnified and held harmless, jointly and
severally, by the Company and the Stockholders from and against any expenses,
including reasonable attorneys' fees and disbursements, damages or losses
suffered by Escrow Agent in connection with any claim or demand, which, in any
way, directly or indirectly, arises out of or relates to this Agreement or the
services of Escrow Agent hereunder; except, that if Escrow Agent is guilty of
willful misconduct, fraud or gross negligence under this Agreement, then Escrow
Agent will bear all losses, damages and expenses arising as a result of such
willful misconduct, fraud or gross negligence. Promptly after the receipt by
Escrow Agent of notice of any such demand or claim or the commencement of any
action, suit or proceeding relating to such demand or claim, Escrow Agent will
notify the other parties hereto in writing. For the purposes hereof, the terms
"expense" and "loss" will include all amounts paid or payable to satisfy any
such claim or demand, or in settlement of any such claim, demand, action, suit
or proceeding settled with the express written consent of the parties hereto,
and all costs and expenses, including, but not limited to, reasonable attorneys'
fees and disbursements, paid or incurred in investigating or defending against
any such claim, demand, action, suit or proceeding. The provisions of this
Section 7 shall survive the termination of this Agreement.

      8.  Compensation of Escrow Agent. The Company will pay Escrow Agent $1,500
for all services rendered by Escrow Agent hereunder.

      9.  Resignation of Escrow Agent.  At any time, upon ten (10) days' written
notice to the Company, Escrow Agent may resign and be discharged from its duties
as Escrow Agent hereunder. As soon as practicable after its resignation,  Escrow
Agent will  promptly  turn over to a successor  escrow  agent  appointed  by the
Company  the  Escrow  Shares  held  hereunder  upon  presentation  of a document
appointing the new escrow agent and evidencing  its acceptance  thereof.  If, by
the end of the 10-day period  following the giving of notice of  resignation  by
Escrow Agent, the Company shall have failed to appoint a successor escrow agent,
Escrow  Agent may  interplead  the Escrow  Shares into the registry of any court
having jurisdiction.

      10.  Records.   Escrow  Agent  shall  maintain  accurate  records  of  all
transactions  hereunder.  Promptly after the termination of this Agreement or as
may  reasonably be requested by the parties hereto from time to time before such
termination,  Escrow Agent shall provide the parties hereto, as the case may be,
with a complete copy of such records, certified by Escrow Agent to be a complete
and accurate account of all such transactions. The authorized representatives of
each of the  parties  hereto  shall have access to such books and records at all
reasonable  times during normal business hours upon reasonable  notice to Escrow
Agent.

      11.  Notice.  All notices,  communications  and  instructions  required or
desired to be given under this  Agreement must be in writing and shall be deemed
to be duly  given  if sent by  registered  or  certified  mail,  return  receipt
requested, or overnight courier to the following addresses:

      If to Escrow Agent:     Securities Transfer Corporation
                              2591 Dallas Parkway, Suite 102
                              Frisco, Texas 75034
                              Attention: Kevin Halter

      If to the Company or the Stockholders:  c/o Wonder Auto Limited
                                              No. 56 Lingxi Street
                                              Taihe District
                                              Jinzhou City, Liaoning
                                              People's Republic of China  121013

                                       4
<PAGE>

      If to the Subscriber    Sterne Agee & Leach, Inc.
      Representative:         Corporate Headquarters
                              800 Shades Creek Parkway, Suite 700
                              Birmingham, Alabama 35209

or to such other address and to the attention of such other person as any of the
above may have  furnished  to the other  parties in  writing  and  delivered  in
accordance with the provisions set forth above.

      12.  Execution  in  Counterparts.   This  Agreement  may  be  executed  in
counterparts,  each of  which  shall be  deemed  an  original,  but all of which
together shall constitute one and the same instrument.  Facsimile  execution and
delivery of this Agreement is legal, valid and binding for all purposes.

      13.  Assignment  and  Modification.  This  Agreement  and the  rights  and
obligations  hereunder of any of the parties hereto may not be assigned  without
the prior written consent of the other parties hereto. Subject to the foregoing,
this  Agreement  will be  binding  upon and inure to the  benefit of each of the
parties hereto and their respective  successors and permitted assigns.  No other
person will acquire or have any rights under,  or by virtue of, this  Agreement.
No portion of the Escrow Shares shall be subject to  interference  or control by
any creditor of any party hereto, or be subject to being taken or reached by any
legal or equitable process in satisfaction of any debt or other liability of any
such party  hereto  prior to the  disbursement  thereof to such party  hereto in
accordance with the provisions of this Agreement.  This Agreement may be changed
or modified only in writing signed by all of the parties hereto.

      14.  APPLICABLE  LAW. THIS AGREEMENT SHALL BE GOVERNED BY AND CONSTRUED IN
ACCORDANCE WITH THE LAWS OF THE STATE OF TEXAS  APPLICABLE TO CONTRACTS MADE AND
TO BE  PERFORMED  THEREIN,  EXCEPT  THAT THE  PORTIONS  OF THE TEXAS TRUST CODE,
SECTION 111.001, ET SEQ. OF THE TEXAS PROPERTY CODE, CONCERNING FIDUCIARY DUTIES
AND  LIABILITIES  OF  TRUSTEES  SHALL NOT APPLY TO THIS  AGREEMENT.  THE PARTIES
EXPRESSLY  WAIVE SUCH DUTIES AND  LIABILITIES,  IT BEING THEIR  INTENT TO CREATE
SOLELY AN AGENCY RELATIONSHIP AND HOLD THE ESCROW AGENT LIABLE ONLY IN THE EVENT
OF ITS WILLFUL MISCONDUCT, FRAUD, OR GROSS NEGLIGENCE. ANY LITIGATION CONCERNING
THE SUBJECT  MATTER OF THIS  AGREEMENT  SHALL BE  EXCLUSIVELY  PROSECUTED IN THE
COURTS OF  DALLAS  COUNTY,  TEXAS,  AND ALL  PARTIES  CONSENT  TO THE  EXCLUSIVE
JURISDICTION AND VENUE OF THOSE COURTS.

      15. Headings. The headings contained in this Agreement are for convenience
of reference only and shall not affect the construction of this Agreement.

                                       5
<PAGE>

      16. Attorneys' Fees. If any action at law or in equity, including an
action for declaratory relief, is brought to enforce or interpret the provisions
of this Agreement, the prevailing party shall be entitled to recover reasonable
attorneys' fees from the other party (unless such other party is the Escrow
Agent), which fees may be set by the court in the trial of such action or may be
enforced in a separate action brought for that purpose, and which fees shall be
in addition to any other relief that may be awarded.

      17. Registration Rights. If any Escrow Shares are distributed to the
Subscribers hereunder, then the Company shall use commercially reasonable
efforts to file a registration statement relating to the resale by the
Subscribers of the Escrow Shares so distributed within 30 days following the
date that the Company is obligated hereunder to deliver any such Escrow Shares
to the Subscribers and the Company shall thereafter use commercially reasonable
efforts to cause such registration statement to become effective. The
Subscribers shall provide such information to the Company as the Company may
reasonably request in order to prepare such registration statement, including,
without limitation, delivery to the Company of Selling Stockholder
questionnaires. The Company shall cause such registration statement to remain
effective until each Subscriber has sold any Escrow Shares received by it
thereunder or until each Subscriber is permitted to resell all of the Escrow
Shares received hereunder at one time pursuant to Rule 144(k) of the Securities
Act of 1933, as amended.

                            [Signature Page Follows]

                                       6
<PAGE>

      IN WITNESS  WHEREOF,  the parties have duly executed this  Agreement as of
the date set forth opposite their respective names.

                                    MGCC INVESTMENT STRATEGIES, INC.

                                    By:    /s/Timothy Halter
                                           ------------------------
                                    Its:   President
                                           ------------------------
                                    Dated: June 22, 2006
                                           ------------------------

                                    EMPOWER CENTURY LIMITED

                                    By:    /s/Qingjie Zhao
                                           ------------------------
                                    Its:   Chairman
                                           ------------------------
                                    Dated: June 22, 2006
                                           ------------------------

                                    CHOICE INSPIRE LIMITED

                                    By:    /s/Qingjie Zhao
                                           ------------------------
                                    Its:   Chairman
                                           ------------------------
                                    Dated: June 22, 2006
                                           ------------------------

                                    SECURITIES TRANSFER CORPORATION

                                    By:    /s/Kevin Halter
                                           ------------------------
                                    Its:   President
                                           ------------------------
                                    Dated: June 20, 2006
                                           ------------------------

                                    STERNE AGEE & LEACH, INC.
                                    As representative of the Subscribers

                                    By:    /s/ W. Barry McRac
                                           ------------------------
                                    Its:   Managing Director
                                           ------------------------
                                    Dated: June 22, 2006
                                           ------------------------

                 [Signature Page to Make Good Escrow Agreement]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00105-of-00352.parquet"}]]