Document:

Exhibit 10.4(a)

     

    Termination
Agreement

    

    Due to
the development of the company, after discussion between China Intelligent
Electric Holding Limited and  Mr. ZHOU XIAO LONG, CFO, it is agreed to
reach termination the employment agreement which was executed on November 23,
2009. China Intelligent Electric Holding Limited will settle the salary
accordingly. Regarding the stock to Mr. ZHOU XIAO LONG , it will not be
issued.

    

    Both
parties take its responsibility after the execution of this
agreement.

    

    Delong
Zhou

    By:

    

    
      
        	
                /s/  Delong
  Zhou

              

      

    

    

    CHINA
INTELLIGENT ELECTRONIC HOLDING COMPANY LIMITED

    By:

    

    
      
        	
                /s/  illegible

              

      

    

    

    DEC,31,2009___________________

    DATEExhibit 10.5

     

    Factory Premise Lease Agreement

    

    Party A:  Huizhou NIVS Audio & Video Technology Company
Limited

    Party B:  HYUNDAI Light & Electric (HZ) Company Limited

    

    After the friendly consultation between the parties, Party A wishes to lease the factory located at No.29 & 31 Huanzhen West Road, Shuikou Town, Huizhou City to Party B. The parties hereby agree upon the following
terms:

    

    
      	
              1.

            	
              Party A shall provide Party B with the factory and dormitory (with a gross area of 5000m2) and the water, electricity and fire
      facilities attached for Party B’s use. Party A shall be responsible to fulfill all the formalities with the government
      authorities as required under the fire prevention law. The term of the lease shall be three years (commencing from July 1, 2008 to June 30, 2010)

            

    

    

    
      	
              2.

            	
              The rent for the factory payable
      by Party B to Party A on a monthly basis shall be RMB25,000 (Twenty-five
      Hundred Renminbi only), calculated based on a unit
      price of RMB5.00/m2.

            

    

    

    
      	
              3.

            	
              During the term of the lease, Party B shall be responsible to
      maintain the fixed
      assets of Party A.
      Party B shall not
      demolish the construction structure of the factory or build additional construction
      structure in the factory. If there is any artificial
      damage to the
      construction, Party B shall be responsible for
      the repair and reinstitution and to bear all the costs and expenses incurred.

            

    

    

    
      	
              4.

            	
              During the term of the lease, Party B shall make use of the factory and
      dormitory according
      to the provisions
      of law and is not allowed to sublease it to any third parties. Otherwise, Party A shall have the right to terminate this
      agreement due to
      Party B’s breach of this Agreement.

            

    

    

    
      	
              5.

            	
              During the term of the lease of the factory and dormitory, Party B
      shall pay all charges
      on time and in
      accordance with
      the provisions
      of
      law.

            

    

    

    
      	
              6.

            	
              During the term of the lease of the factory and dormitory, Party B shall be responsible for
      all losses resulted from any man-made accidents.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
              7.

            	
              If Party B intends to terminate this Agreement prior to the expiry of the term of lease, it shall provide Party A with a
      three-month notice in
      writing
      and pay Party
      A with the rents for three
      months.

            

    

    

    
      	
              8.

            	
              While collecting rents, Party A
      shall provide Party B with the official tax invoices for Party B’s entry of its book of account.

            

    

    

    
      	
              9.

            	
              The parties shall perform this Agreement in accordance with the
      terms herein.
      Any disputes arising
      from the contract shall be solved through consultation or mediation by the relevant government
      authorities. In case
      that no resolution is reached, either
      party can bring a lawsuit before the
  court.

            

    

    

    
      	
              10.

            	
              This agreement is prepared in two original copies, each party holding one copy. This agreement will come into
      effect upon the
      execution of both
      parties.

            

    

    

    
      
        	
                Party A:  /s/  ILLEGIBLE

              	
                Party B: :  /s/  ILLEGIBLE

              
	
                Huizhou NIVS Audio & Video Technology

                Company
    Limited

              	
                HYUNDAI Light & Electric (HZ)
      Company

                LimitedExhibit
10.6
 

    Floor Lease Agreement

    

    Lessor (hereinafter referred to as “Party A”): Shunkang Store Wang Jun

    Lessee (hereinafter referred to as “Party B”): HYUNDAI Light & Electric (HZ) Company Limited

    

    With respect to Party B’s lease of the third floor of Block A, Zhenxing Road, Jiaosha, Gusan Village from Party A for use of factory, the parties hereby agree upon the following
terms:

    

    
      	
              1.

            	
              Area for lease: Around 1200m2to be used by Party B
      at the rent of RMB7.2/m2per month. Party B shall be responsible for the
      water and
      power charges.

            

    

    

    
      	
              2.

            	
              The term of the lease shall be two years, commencing from April 15, 2007 to April 14, 2009. Upon expiry of the term of the
      lease, Party
      A shall have the right to take back the leased area and Party B shall return the leased area on time. If party B intends
      to extend the
      lease, it shall inform Party A of its intention in writing one month prior to the expiry of the term of
      the lease and
      the parties will negotiate the
      rents by then.

            

    

    

    
      	
              3.

            	
              The annual rent shall be ONE HUNDRED THREE THOUSAND SIX
      HUNDRED AND EIGHTY Renminbi only (RMB103,680.00), which can be divided to the monthly rents of EIGHT THOUSAND SIX HUNDRED AND
      FORTY Renminbi (RMB8,640.00) (to be paid in cash).

            

    

    

    
      	
              4.

            	
              Security deposit and payment of the rents:

            

    

    

    
      	
            	
              (1)

            	
              On the date of execution of this Agreement, Party B shall pay Party A with TEN THOUSAND Renminbi (¥10,000.00) as the security deposit, and the rent shall be payable by Party B to
      Party A on a
      quarterly basis.
      Party B shall pay Party A with the rent of each
      quarter 10 days prior to the commencement of such quarter, i.e. the rent shall
      be settled prior to Party B’s use of the leased area. The water and
      power charges shall be paid by Party B to Party A on a monthly
      basis.

            

    

    

    
      	
               
      

            	
              (2)

            	
              Upon the expiry of the term of the
      lease, if
      Party B does not renew the
      lease, Party A
      shall return the security deposit to Party B without interest provided that Party B shall settle all the rents, water and power charges, telephone charges, gas fees, etc and maintain the good condition of the
      leased
      area. The security deposit cannot be used to settle the rent during the term of the lease.

            

    

    

    
      	
               
      

            	
              (3)

            	
              If Party B terminates this Agreement prior to the expiry of
      the term of the lease, the security deposit will not be
      returned to Party
      B.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              (4)

            	
              In case that Party B breaches the provisions of this Agreement which results in Party A’s failure to collect the rent on time or
      in any additional
      costs and
      expenses, Party A
      shall have
      the right to
      use part or
      all of the security deposit to offset the outstanding rent or to
      settle those additional costs and expenses.

            

    

    

    
      	
              5.

            	
              Use of the building and area: Factory and warehouse. This building shall be only used for
      the operation of factory and
      warehouse.

            

    

    

    
      	
              6.

            	
              During the term of the lease, Party B shall be responsible for
      the maintenance and repair of the leased area. Party B shall share the elevator with the user of the second floor
      and be jointly responsible for the repair and power charges. Party A shall be responsible for
      the repair of fair
      wear and tear on the facilities attached to the leased area.

            

    

    

    
      	
              7.

            	
              During the term of the lease, Party B shall be responsible for all
      the economic,
      political and legal liabilities, liabilities incurred from fire and safety accident, and all the
      fees, taxes, certificates decorations, etc. in relation to
      its operation. Party A will not take any responsibilities
      therefrom. Party B
      is not allowed to
      mortgage or sublease the leased area. No storage of dangerous, inflammable and
      explosive materials
      or illegal activities
      in the leased area is
      allowed.

            

    

    

    
      	
              8.

            	
              During the term of the lease, if Party B wants to decorate the leased area, it must take care of the safety of the building and should not cause any damages to the main structure of the building. Upon expiry of this
      Agreement, if Party
      A continues to let the leased area without changing the use of the
      building, Party B
      shall have
      the pre-emptive right on equal condition of rent. If Party A doesn’t continue to let the leased
      area, Party B shall remove all the commodities and goods from the leased area on the expiry date and return the leased area to
      Party A for inspection on time. Party B shall not remove or
      destroy the floor, wall, ceiling, electric wires and other decoration which
      is fixed in the construction structure or walls of the
      building.
      Party A will acquire
      such items without any additional payment. Party A shall return the security deposit without interest to Party B within two days after
      Party B’s return and Party A’s inspection and acceptance of the
      leased area in its original status. If there is any damage to the leased area, Party B shall be responsible
      to repair or
      compensate Party A
      according to the
      market price.

            

    

    

    
      	
              9.

            	
              Liabilities for breach of
    agreement

            

    

    

    
      	
               
      

            	
              (1)

            	
              Party A shall not take back the leased area during the term of lease without reasonable
      cases. If Party A commits a breach, it shall compensate Party B with
      an amount equal to double of the security deposit.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	
               
      

            	
              (2)

            	
              In case of early termination by
      Party B, it shall not remove all the decoration and materials, which shall be deemed as belong to
      Party A. Party A
      shall be entitled to
      confiscate the
      security deposit and request Party B to settle all the unpaid rents, water and power charges before it can take its commodities and goods out of the leased
      area.

            

    

    

    
      	
               
      

            	
              (3)

            	
              If Party B fails to pay the rent on time, Party A
      shall be entitled to
      a default payment equal to 1% of the outstanding amount for each
      day of delay. The delay of or more than
      15 days will be viewed as Party B’s breach of this Agreement, which
      shall be subject to Clause 9.(2) above and Party A shall have the right to take back the
      leased
      area.

            

    

    

    
      	
              10.

            	
              For anything not specified in this
      Agreement, the parties may enter into
      supplemental
      agreements, which shall have the same effect with this Agreement.

            

    

    

    
      	
              11.

            	
              This Agreement is prepared in two original copies, each party holding one copy. This agreement will come into
      effect upon the
      execution of the
      parties.

            

    

    

    
      	
              12.

            	
              Party A should provide Party B with a written consent from the
      owner.

            

    

    

    /s/  ILLEGIBLE

    Lessor(Party A): Shunkang Store

    Representative:

    Contact No.

    

    /s/  ILLEGIBLE

    

    Lessee(representative of Party B):HYUNDAI Light & Electric (HZ) Company Limited

    Address:

    Contact No.

    

    Date of execution: 30 March
2007

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