Document:

REGISTRATION
      RIGHTS AGREEMENT

     

    This
      Registration Rights Agreement (this "Agreement")
      is made
      and entered into as of March 12, 2008, by and among First Growth Investors,
      Inc., a Nevada corporation (the "Company"),
      and
      the investors signatory hereto (each a "Investor"
      and
      collectively, the "Investors").

     

    This
      Agreement is made in connection with the Securities Purchase Agreement, dated
      as
      of the date hereof among the Company and the Investors (the "Purchase
      Agreement").

     

    The
      Company and the Investors hereby agree as follows: 

     

    1.  Definitions.
      Capitalized terms used and not otherwise defined herein that are defined in
      the
      Purchase Agreement will have the respective meanings given such terms in the
      Purchase Agreement. As used in this Agreement, the following terms have the
      respective meanings set forth in this Section 1:

     

    “2008
      Delivery Date”
      means
      the date on which the 2008 Make Good Shares are required to be delivered to
      the
      Investors by the Make Good Pledgors pursuant to the Make Good Escrow
      Agreement.

     

    “2009
      Delivery Date”
      means
      the date on which the 2009 Make Good Shares are required to be delivered to
      the
      Investors by the Make Good Pledgors pursuant to the Make Good Escrow
      Agreement.

     

    “Advice”
      has
      the
      meaning set forth in Section 6(d).

     

    "Commission
      Comments" means
      written comments pertaining
      solely to Rule 415 which
      are
      received by the Company from the Commission to a filed Registration Statement,
      a
      copy of which shall have been provided by the Company to the Holders, which
      either (i) requires the Company to limit the number of Registrable Securities
      which may be included therein to a number which is less than the number sought
      to be included thereon as filed with the Commission or (ii) requires the Company
      to either exclude Registrable Securities held by specified Holders or deem
      such
      Holders to be underwriters with respect to Registrable Securities they seek
      to
      include in such Registration Statement.

     

    “Cut
      Back Shares”
has
      the
      meaning set forth in Section 2(b).

     

    "Effective
      Date"
      means,
      as to a Registration Statement, the date on which such Registration Statement
      is
      first declared effective by the Commission.

     

    “Effectiveness
      Date”
      means
      (a) with respect to the initial Registration Statement required to be filed
      pursuant to Section 2(a), the earlier of: (i) the 150th
      day
      following the Closing Date and (ii) the fifth Trading Day following the date
      on
      which the Company is notified by the Commission that the initial Registration
      Statement will not be reviewed or is no longer subject to further review and
      comments; (b) with respect to any additional Registration Statements required
      to
      be filed pursuant to Section 2(a), the earlier of: (i) the 120th
      day
      following the applicable Filing Date for such additional Registration
      Statement(s) and (ii) the fifth Trading Day following the date on which the
      Company is notified by the Commission that such additional Registration
      Statement(s) will not be reviewed or is no longer subject to further review;
      (c)
      with respect to any additional Registration Statements required to be filed
      solely due to SEC Restrictions, the earlier of: (i) the 120th
      day
      following the applicable Restriction Termination Date and (ii) the fifth Trading
      Day following the date on which the Company is notified by the Commission that
      such Registration Statement will not be reviewed or is no longer subject to
      further review and comments; (d) with respect to a Registration Statement
      required to be filed under Section 2(c), the earlier of: (i) the 60th
      day
      following the date on which the Company becomes eligible to utilize Form S-3
      to
      register the resale of Common Stock; provided,
      that,
      if the Commission reviews and has written comments to such filed Registration
      Statement that would require the filing of a pre-effective amendment thereto
      with the Commission, then the Effectiveness Date under this clause (d)(i) shall
      be the 90th
      day
      following the date on which the Company becomes eligible to utilize Form S-3
      to
      register the resale of Common Stock, and (ii) the fifth Trading Day following
      the date on which the Company is notified by the Commission that the
      Registration Statement will not be reviewed or is no longer subject to further
      review and comments; (e) with respect to a Registration Statement required
      to be
      filed under Section 2(d), the earlier of: (i) the 120th
      day
      following the 2008 Delivery Date; provided,
      that,
      if the Commission reviews and has written comments to such filed Registration
      Statement that would require the filing of a pre-effective amendment thereto
      with the Commission, then the Effectiveness Date under this clause (e)(i) shall
      be the 150th
      day
      following the 2008 Delivery Date, and (ii) the fifth Trading Day following
      the
      date on which the Company is notified by the Commission that the Registration
      Statement will not be reviewed or is no longer subject to further review and
      comments and (f) with respect to a Registration Statement required to be filed
      under Section 2(e), the earlier of: (i) the 120th
      day
      following the 2009 Delivery Date; provided,
      that,
      if the Commission reviews and has written comments to such filed Registration
      Statement that would require the filing of a pre-effective amendment thereto
      with the Commission, then the Effectiveness Date under this clause (f)(i) shall
      be the 150th
      day
      following the 2009 Delivery Date, and (ii) the fifth Trading Day following
      the
      date on which the Company is notified by the Commission that the Registration
      Statement will not be reviewed or is no longer subject to further review and
      comments.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    "Effectiveness
      Period"
      means,
      as to any Registration Statement required to be filed pursuant to this
      Agreement, the period commencing on the Effective Date of such Registration
      Statement and ending on the earliest to occur of (a) the second anniversary
      of
      such Effective Date, (b) such time as all of the Registrable Securities covered
      by such Registration Statement have been publicly sold by the Holders of the
      Registrable Securities included therein, or (c) such time as all of the
      Registrable Securities covered by such Registration Statement may be sold by
      the
      Holders without volume restrictions pursuant to Rule 144 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.

     

    "Exchange
      Act"
      means
      the Securities Exchange Act of 1934, as amended.

     

    "Filing
      Date"
      means
      (a) with respect to the initial Registration Statement required to be filed
      pursuant to Section 2(a), the 60th
      day
      following the Closing Date; (b) with respect to any additional Registration
      Statements required to be filed pursuant to Section 2(a), the 15th
      day
      following the Effective Date for the last Registration Statement filed pursuant
      to this Agreement under Section 2(a); (c) with respect to any additional
      Registration Statements required to be filed due to SEC Restrictions, the
      15th
      day
      following the applicable Restriction Termination Date; (d) with respect to
      a
      Registration Statement required to be filed under Section 2(c), the
      30th
      day
      following the date on which the Company becomes eligible to utilize Form S-3
      to
      register the resale of Common Stock, (e) with respect to the Registration
      Statement required to be filed under Section 2(d), the 45th
      day
      following the 2008 Delivery Date (provided that if the Company is then eligible
      to utilize Form S-3 to register the resale of Common Stock, the Filing Date
      under this clause (e) shall be 30 days following the 2008 Delivery
      Date) and
      (f) with
      respect to the Registration Statement required to be filed under Section 2(f),
      the 45th
      day
      following the 2009 Delivery Date (provided that if the Company is then eligible
      to utilize Form S-3 to register the resale of Common Stock, the Filing Date
      under this clause (f) shall be 30 days following the 2009 Delivery
      Date).

     

    
      
        
        

      

      
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    "Holder"
      or
"Holders"
      means
      the holder or holders, as the case may be, from time to time of Registrable
      Securities.

     

    “Indemnified
      Party”
      has the
      meaning set forth in Section 5(c).

     

    “Indemnifying
      Party”
      has the
      meaning set forth in Section 5(c).

     

    “Losses”
      has the
      meaning set forth in Section 5(a).

     

    “New
      York Courts”
      means
      the state and federal courts sitting in the City of New York, Borough of
      Manhattan.

     

    "Proceeding"
      means an
      action, claim, suit, investigation or proceeding (including, without limitation,
      an investigation or partial proceeding, such as a deposition), whether commenced
      or threatened.

     

    “Prospectus”
      means
      the prospectus included in a Registration Statement (including, without
      limitation, a prospectus that includes any information previously omitted from
      a
      prospectus filed as part of an effective registration statement in reliance
      upon
      Rule 430A promulgated under the Securities Act), as amended or supplemented
      by
      any prospectus supplement, with respect to the terms of the offering of any
      portion of the Registrable Securities covered by a Registration Statement,
      and
      all other amendments and supplements to the Prospectus, including post-effective
      amendments, and all material incorporated by reference or deemed to be
      incorporated by reference in such Prospectus.

     

    “Registrable
      Securities”
      means:
      (i) the Shares, (ii) the Selling Stockholder Shares, (iii) the 2008 Make Good
      Shares, as applicable, (iv) the 2009 Make Good Shares, as applicable, and (v)
      any securities issued or issuable upon any stock split, dividend or other
      distribution, recapitalization or similar event, or any price adjustment as
      a
      result of such stock splits, reverse stock splits or similar events with respect
      to any of the securities referenced in (i) - (iv) above. 

     

    "Registration
      Statement"
      means
      the initial registration statement required to be filed in accordance with
      Section 2(a) and any additional registration statements required to be filed
      under this Agreement, including in each case the Prospectus, amendments and
      supplements to such registration statements or Prospectus, including pre- and
      post-effective amendments, all exhibits thereto, and all material incorporated
      by reference or deemed to be incorporated by reference therein.

     

    
      
        
        

      

      
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    “Restriction
      Termination Date”
has
      the
      meaning set forth in Section 2(b).

     

    "Rule
      144"
      means
      Rule 144 promulgated by the Commission pursuant to the Securities Act, as such
      Rule may be amended from time to time, or any similar rule or regulation
      hereafter adopted by the Commission having substantially the same effect as
      such
      Rule.

     

    "Rule
      415"
      means
      Rule 415 promulgated by the Commission pursuant to the Securities Act, as such
      Rule may be amended from time to time, or any similar rule or regulation
      hereafter adopted by the Commission having substantially the same effect as
      such
      Rule.

     

    "Rule
      424"
      means
      Rule 424 promulgated by the Commission pursuant to the Securities Act, as such
      Rule may be amended from time to time, or any similar rule or regulation
      hereafter adopted by the Commission having substantially the same effect as
      such
      Rule.

     

    “SEC
      Restrictions”
has
      the
      meaning set forth in Section 2(b).

     

    "Securities
      Act"
      means
      the Securities Act of 1933, as amended.

     

    “Selling
      Holder Questionnaire”
has
      the
      meaning set forth in Section 2(g).

     

    "Shares"
      means
      the shares of Common Stock issued or issuable to the Investors pursuant to
      the
      Purchase Agreement.

     

    2.  Registration.

     

    (a)  On
      or
      prior to the applicable Filing Date, the Company shall prepare and file with
      the
      Commission a Registration Statement covering the resale of all Registrable
      Securities (other than in the case of the initial Registration Statement to
      be
      filed under this Section 2(a), the 2008 Make Good Shares and the 2009 Make
      Good
      Shares) not already covered by an existing and effective Registration Statement
      for an offering to be made on a continuous basis pursuant to Rule 415. Each
      Registration Statement required to be filed under this Agreement shall be filed
      on Form S-1 (or on such other form appropriate for such purpose) and contain
      (except if otherwise required pursuant to written comments received from the
      Commission upon a review of such Registration Statement, other than as to the
      characterization of any Holder as an underwriter, which shall not occur unless
      such characterization is consistent with written information provided by the
      Holder in the Selling Holder Questionnaire) the "Plan of Distribution" attached
      hereto as Annex
      A.
      The
      Company shall cause each Registration Statement required to be filed under
      this
      Agreement to be declared effective under the Securities Act as
      soon as
      possible but, in any event, no later than its Effectiveness Date, and shall
      use
      its reasonable best efforts to keep each such Registration Statement
      continuously effective during its entire Effectiveness Period. By 5:00 p.m.
      (New
      York City time) on the Business Day immediately following the Effective Date
      of
      each Registration Statement, the Company shall file with the Commission in
      accordance with Rule 424 under the Securities Act the final prospectus to be
      used in connection with sales pursuant to such Registration Statement (whether
      or not such filing is technically required under such Rule). If for any reason
      other than due solely to SEC Restrictions, a Registration Statement is effective
      but not all outstanding Registrable Securities are registered for resale
      pursuant thereto, then the Company shall prepare and file by the applicable
      Filing Date an additional Registration Statement to register the resale of
      all
      such unregistered Registrable Securities for an offering to be made on a
      continuous basis pursuant to Rule 415. 

     

    
      
        
        

      

      
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    (b)  Notwithstanding
      anything to the contrary contained in this Section 2, if the Company receives
      Commission Comments, and following discussions with and responses to the
      Commission in which the Company uses its reasonable best efforts and time to
      cause as many Registrable Securities (other
      than the 2008
      Make
      Good Shares and 2009
      Make
      Good Shares, unless the 2008
      Delivery
      Date or 2009
      Delivery
      Date, as the case may be, shall have occurred) for
      as
      many Holders as possible to be included in the Registration Statement filed
      pursuant to Section 2(a) without characterizing any Holder as an underwriter
      unless such characterization is consistent with written information provided
      by
      the Holder in the Selling Holder Questionnaire (and in such regard uses its
      reasonable best efforts to cause the Commission to permit the affected Holders
      or their respective counsel to participate in Commission conversations on such
      issue together with Company Counsel, and timely conveys relevant information
      concerning such issue with the affected Holders or their respective counsel
      (but
      not documents or information which the Company believes would constitute
      material and non-public information)), the Company is unable to cause the
      inclusion of all Registrable Securities, then the Company may, following not
      less than three (3) Trading Days prior written notice to the Holders (i) remove
      from the Registration Statement such Registrable Securities required by the
      Commission to be removed pursuant to the Commission Comments (the “Cut
      Back Shares”)
      and/or
      (ii) agree to such restrictions and limitations on the registration and resale
      of the Registrable Securities, in each case as the Commission may require in
      order for the Commission to allow such Registration Statement to become
      effective; provided,
      that in
      no event may the Company characterize any Holder as an underwriter unless such
      characterization is consistent with written information provided by the Holder
      in the Selling Holder Questionnaire (collectively, the “SEC
      Restrictions”).
      Unless the SEC Restrictions otherwise require, any cut-back imposed pursuant
      to
      this Section 2(b) shall be allocated among the Registrable Securities of the
      Holders on a pro rata basis. The required Effectiveness Date for such
      Registration Statement will be tolled until such time as the Company is able
      to
      effect the registration of the Cut Back Shares in accordance with any SEC
      Restrictions if such Registrable Securities cannot at such time be resold by
      the
      Holders thereof without volume limitations pursuant to Rule 144 (such date,
      the
“Restriction
      Termination Date”).
      From
      and after the Restriction Termination Date, all provisions of this Section
      2
      shall again be applicable to the Cut Back Shares (which, for avoidance of doubt,
      retain their character as “Registrable Securities”) if such Registrable
      Securities cannot at such time be resold by the Holders thereof without volume
      limitations pursuant to Rule 144 so that the Company will be required to file
      with and cause to be declared effective by the Commission such additional
      Registration Statements in the time frames set forth herein as necessary to
      ultimately cause to be covered by effective Registration Statements all
      Registrable Securities (if such Registrable Securities cannot at such time
      be
      resold by the Holders thereof without volume limitations pursuant to Rule 144).
      

     

    
      
        
        

      

      
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    (c)  Promptly
      following any date on which the Company becomes eligible to use a registration
      statement on Form S-3 to register Registrable Securities for resale, the Company
      shall file a Registration Statement on Form S-3 covering all such Registrable
      Securities (or a post-effective amendment on Form S-3 to the then effective
      Registration Statement) and shall cause such Registration Statement to be filed
      by the Filing Date for such Registration Statement and declared effective under
      the Securities Act as soon as possible thereafter, but in any event prior to
      the
      Effectiveness Date therefor. Such
      Registration Statement shall contain (except if otherwise required pursuant
      to
      written comments received from the Commission upon a review of such Registration
      Statement, other than as to the characterization of any Holder as an
      underwriter, which shall not occur unless such characterization is consistent
      with written information provided by the Holder in the Selling Holder
      Questionnaire) the “Plan of Distribution” attached hereto as Annex
      A.
      The
      Company shall use its reasonable best efforts to keep such Registration
      Statement continuously effective under the Securities Act during the entire
      Effectiveness Period. By 5:00 p.m. (New York City time) on the Business Day
      immediately following the Effective Date of such Registration Statement, the
      Company shall file with the Commission in accordance with Rule 424 under the
      Securities Act the final prospectus to be used in connection with sales pursuant
      to such Registration Statement (whether or not such filing is technically
      required under such Rule).

     

    (d)  On
      or
      prior to the Filing Date, the Company shall prepare and file with the Commission
      a Registration Statement covering the resale of the 2008 Make Good Shares on
      Form S-3 if the Company is then eligible to utilize such Form (or on such other
      form appropriate for such purpose) and shall cause such Registration Statement
      to be filed by the Filing Date for such Registration Statement and declared
      effective under the Securities Act as soon as possible thereafter, but in any
      event prior to the Effectiveness Date therefor. Such Registration Statement
      shall contain (except if otherwise required pursuant to written comments
      received from the Commission upon a review of such Registration Statement,
      other
      than as to the characterization of any Holder as an underwriter, unless such
      characterization is consistent with the written information provided by the
      Investors in the Selling Holder Questionnaire) the “Plan of Distribution”
attached hereto as Annex
      A.
      The
      Company shall use its reasonable best efforts to keep such Registration
      Statement continuously effective under the Securities Act during the entire
      Effectiveness Period which is applicable to it. By 5:00 p.m. (New York City
      time) on the Business Day immediately following the Effective Date of such
      Registration Statement, the Company shall file with the Commission in accordance
      with Rule 424 under the Securities Act the final prospectus to be used in
      connection with sales pursuant to such Registration Statement (whether or not
      such filing is technically required under such Rule).

     

    (e)  On
      or
      prior to the Filing Date, the Company shall prepare and file with the Commission
      a Registration Statement covering the resale of the 2009 Make Good Shares on
      Form S-3 if the Company is then eligible to utilize such Form (or on such other
      form appropriate for such purpose) and shall cause such Registration Statement
      to be filed by the Filing Date for such Registration Statement and declared
      effective under the Securities Act as soon as possible thereafter, but in any
      event prior to the Effectiveness Date therefor. Such Registration Statement
      shall contain (except if otherwise required pursuant to written comments
      received from the Commission upon a review of such Registration Statement,
      other
      than as to the characterization of any Holder as an underwriter, unless such
      characterization is consistent with written information provided by the Holder
      in the Selling Holder Questionnaire) the “Plan of Distribution” attached hereto
      as Annex
      A.
      The
      Company shall use its reasonable best efforts to keep such Registration
      Statement continuously effective under the Securities Act during the entire
      Effectiveness Period which is applicable to it. By 5:00 p.m. (New York City
      time) on the Business Day immediately following the Effective Date of such
      Registration Statement, the Company shall file with the Commission in accordance
      with Rule 424 under the Securities Act the final prospectus to be used in
      connection with sales pursuant to such Registration Statement (whether or not
      such filing is technically required under such Rule).

     

    
      
        
        

      

      
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    (f)  If:
      (i) a
      Registration Statement is not filed on or prior to its Filing Date covering
      the
      Registrable Securities required under this Agreement to
      be
      included therein (if the Company files a Registration Statement without
      affording the Holders the opportunity to review and comment on the same as
      required by Section 3(a) hereof, the Company shall not be deemed to have
      satisfied this clause (i)), or (ii) the Company does not respond as promptly
      as
      reasonably possible to, and in no event later than (A) 30 calendar days
      following receipt of, any initial comments received from the Commission with
      respect to each Registration Statement and prepare and file with the Commission
      such amendments, including pre-effective amendments, to each Registration
      Statement and the Prospectus or (B) 21 calendar days following receipt of,
      any
      subsequent comments received from the Commission with respect to each
      Registration Statement and prepare and file with the Commission such amendments,
      including pre-effective amendments, to each Registration Statement and the
      Prospectus, or (iii) the Company fails to file with the Commission a request
      for
      acceleration in accordance with Rule 461 promulgated under the Securities Act
      within five (5) Trading Days of the date that the Company is notified (orally
      or
      in writing, whichever is earlier) by the Commission that a Registration
      Statement will not be "reviewed," or not subject to further review, or (iv)
      the
      Registration Statement is filed with and declared effective by the Commission
      but thereafter ceases to be effective as to all Registrable Securities at any
      time prior to the expiration of the Effectiveness Period, without being
      succeeded promptly by a subsequent Registration Statement filed with and
      declared effective by the Commission, or (v) before all the Shares are sold
      by
      the Investors, trading in the Common Stock shall be suspended or if the Common
      Stock is no longer quoted on or delisted from the Trading Market on which the
      Common Stock is then traded for any reason for more than thirty (30) consecutive
      Trading Days (any such failure or breach being referred to as an "Event,"
      and for
      purposes of clauses (i) or (ii) the date on which such Event occurs, being
      referred to as "Event
      Date"),
      then
      in addition to any other rights the Holders may have hereunder or under
      applicable law, on each such Event Date and on each monthly anniversary of
      each
      such Event Date (if the applicable Event shall not have been cured by such
      date)
      until the applicable Event is cured, the Company shall pay to each Holder an
      amount in cash, as partial liquidated damages and not as a penalty, equal to
      0.5% of the aggregate Investment Amount paid by such Holder for Shares pursuant
      to the Purchase Agreement. The
      parties agree that in no event will the Company be liable for liquidated damages
      under this Agreement in excess of 0.5% of the aggregate Investment Amount of
      the
      Holders in any 30-day period and the maximum aggregate liquidated damages
      payable to a Holder under this Agreement shall be five percent (5%) of the
      aggregate Investment Amount paid by such Holder pursuant to the Purchase
      Agreement.
      The
      partial liquidated damages pursuant to the terms hereof shall apply on a daily
      pro-rata basis for any portion of a month prior to the cure of an Event (except
      in the case of the first Event Date), and shall cease to accrue (unless earlier
      cured) upon the expiration of the Effectiveness Period.

     

    
      
        
        

      

      
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    (g)  Each
      Holder agrees to furnish to the Company a completed Selling Holder Questionnaire
      in the form attached to this Agreement as Annex
      B
      (a
“Selling
      Holder Questionnaire”)
      within
      fifteen (15) Business Days of the receipt of the Selling Holder Questionnaire.
      The Company shall not be required to include the Registrable Securities of
      a
      Holder in a Registration Statement and shall not be required to pay damages
      to
      any Holder who fails to furnish to the Company a fully completed Selling Holder
      Questionnaire within the time frame required in this Section 2(g) (subject
      to
      the requirements set forth in Section 3(a)).

     

    3.  Registration
      Procedures.

     

    In
      connection with the Company's registration obligations hereunder, the Company
      shall:

     

    (a)  Not
      less
      than four Trading Days prior to the filing of a Registration Statement or any
      related Prospectus or any amendment or supplement thereto, the Company shall
      furnish to each Holder copies of the “Selling Stockholders” section of such
      document, the “Plan of Distribution” and any risk factor contained in such
      document that addresses specifically this transaction or the Selling
      Stockholders, as proposed to be filed, which documents will be subject to the
      review of such Holder. Such documents may be delivered to such Holder via
      electronic mail (i.e., e-mail). The Company shall not file a Registration
      Statement, any Prospectus or any amendments or supplements thereto in which
      the
“Selling Stockholder” section thereof differs from the disclosure received from
      a Holder in its Selling Holder Questionnaire (as amended or supplemented).
      The
      Company shall not file a Registration Statement, any Prospectus or any
      amendments or supplements thereto in which it (i) characterizes any Holder
      as an underwriter, unless such characterization is consistent with written
      information provided by the Holder in the Selling Holder Questionnaire, (ii)
      excludes a particular Holder due to such Holder refusing to be named as an
      underwriter, unless such characterization is consistent with the written
      information provided by the Holder in the Selling Holder Questionnaire, or
      (iii) reduces the number of Registrable Securities being registered on behalf
      of
      a Holder except pursuant to, in the case of subsection (iii), the Commission
      Comments, without, in each case, such Holder’s express written authorization,
      unless such reduction is made pursuant to Section 2(b) hereof.

     

    (b)  (i)
      Prepare and file with the Commission such amendments, including post-effective
      amendments, to each Registration Statement and the Prospectus used in connection
      therewith as may be necessary to keep such Registration Statement continuously
      effective as to the applicable Registrable Securities for its Effectiveness
      Period and prepare and file with the Commission such additional Registration
      Statements in order to register for resale under the Securities Act all of
      the
      Registrable Securities; (ii) cause the related Prospectus to be amended or
      supplemented by any required Prospectus supplement, and as so supplemented
      or
      amended to be filed pursuant to Rule 424; (iii) respond as promptly as
      reasonably possible to any comments received from the Commission with respect
      to
      each Registration Statement or any amendment thereto and, as promptly as
      reasonably possible provide the Holders true and complete copies of all
      correspondence from and to the Commission relating to such Registration
      Statement that would not result in the disclosure to the Holders of material
      and
      non-public information concerning the Company; and (iv) comply in all material
      respects with the provisions of the Securities Act and the Exchange Act with
      respect to the Registration Statement(s) and the disposition of all Registrable
      Securities covered by each Registration Statement.

     

    
      
        
        

      

      
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    (c)  Notify
      the Holders as promptly as reasonably possible (and, in the case of (i)(A)
      below, not less than three Trading Days prior to such filing and in the case
      of
      (iii) below, within two business days of receipt by the Company of such notice
      from the Commission and, in the case of (v) below, not less than three Trading
      Days prior to the financial statements in any Registration Statement becoming
      ineligible for inclusion therein) and (if requested by any such Person) confirm
      such notice in writing no later than one Trading Day following the day (i)(A)
      when a Prospectus or any Prospectus supplement or post-effective amendment
      to a
      Registration Statement is proposed to be filed; (B) when the Commission notifies
      the Company whether there will be a "review" of such Registration Statement
      and
      whenever the Commission comments in writing on such Registration Statement
      (the
      Company shall provide true and complete copies thereof and all written responses
      thereto to each of the Holders that pertain to the Holders as a Selling
      Stockholder or to the Plan of Distribution, but not the documents or information
      which the Company believes would constitute material and non-public
      information); and (C) with respect to each Registration Statement or any
      post-effective amendment, when the same has become effective; (ii) of any
      request by the Commission or any other Federal or state governmental authority
      for amendments or supplements to a Registration Statement or Prospectus or
      for
      additional information; (iii) of the issuance by the Commission of any stop
      order suspending the effectiveness of a Registration Statement covering any
      or
      all of the Registrable Securities or the initiation of any Proceedings for
      that
      purpose; (iv) of the receipt by the Company of any notification with respect
      to
      the suspension of the qualification or exemption from qualification of any
      of
      the Registrable Securities for sale in any jurisdiction, or the initiation
      or
      threatening of any Proceeding for such purpose; and (v) of the occurrence of
      any
      event or passage of time that makes the financial statements included in a
      Registration Statement ineligible for inclusion therein or any statement made
      in
      such Registration Statement or Prospectus or any document incorporated or deemed
      to be incorporated therein by reference untrue in any material respect or that
      requires any revisions to such Registration Statement, Prospectus or other
      documents so that, in the case of such Registration Statement or the Prospectus,
      as the case may be, it will not contain any untrue statement of a material
      fact
      or omit to state any material fact required to be stated therein or necessary
      to
      make the statements therein, in light of the circumstances under which they
      were
      made, not misleading.

     

    (d)  Use
      its
      reasonable best efforts to avoid the issuance of, or, if issued, obtain the
      withdrawal of (i) any order suspending the effectiveness of a Registration
      Statement, or (ii) any suspension of the qualification (or exemption from
      qualification) of any of the Registrable Securities for sale in any
      jurisdiction, at the earliest practicable moment.

     

    (e)  Furnish
      to each Holder, without charge and at the option of the Company in electronic
      format, at least one conformed copy of each Registration Statement and each
      amendment thereto and all exhibits to the extent requested by such Person
      (including those previously furnished) promptly after the filing of such
      documents with the Commission.

     

    (f)  Promptly
      deliver to each Holder, without charge, as many copies of each Prospectus or
      Prospectuses (including each form of prospectus) and each amendment or
      supplement thereto as such Persons may reasonably request. The Company hereby
      consents to the use of such Prospectus and each amendment or supplement thereto
      by each of the selling Holders in connection with the offering and sale of
      the
      Registrable Securities covered by such Prospectus and any amendment or
      supplement thereto.

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

    (g)  Prior
      to
      any public offering of Registrable Securities, register or qualify such
      Registrable Securities for offer and sale under the securities or Blue Sky
      laws
      of all jurisdictions within the United States as any Holder may request, to
      keep
      each such registration or qualification (or exemption therefrom) effective
      during the Effectiveness Period and to do any and all other acts or things
      necessary or advisable to enable the disposition in such jurisdictions of the
      Registrable Securities covered by the Registration Statements; provided,
      however,
      in
      connection with any such registration or qualification, the Company shall not
      be
      required to (i) qualify to do business in any jurisdiction where the Company
      would not otherwise be required to qualify, (ii) subject itself to general
      taxation in any such jurisdiction, (iii) file a general consent to service
      of
      process in any jurisdiction, or (iv) make any change to the Company’s Articles
      of Incorporation or bylaws.

     

    (h)  Cooperate
      with the Holders to facilitate the timely preparation and delivery of
      certificates representing Registrable Securities to be delivered to a transferee
      pursuant to the Registration Statement(s), which certificates shall be free,
      to
      the extent permitted by the Purchase Agreement, of all restrictive legends,
      and
      to enable such Registrable Securities to be in such denominations and registered
      in such names as any such Holders may request.

     

    (i)  Upon
      the
      occurrence of any event contemplated by Section 3(c)(v), as promptly as
      reasonably possible, prepare a supplement or amendment, including a
      post-effective amendment, to the affected Registration Statements or a
      supplement to the related Prospectus or any document incorporated or deemed
      to
      be incorporated therein by reference, and file any other required document
      so
      that, as thereafter delivered, no Registration Statement nor any Prospectus
      will
      contain 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,
      in
      light of the circumstances under which they were made, not
      misleading.

     

    4.  Registration
      Expenses.
      All
      fees and expenses incident to the performance of or compliance with this
      Agreement by the Company shall be borne by the Company whether or not any
      Registrable Securities are sold pursuant to a Registration Statement. The fees
      and expenses referred to in the foregoing sentence shall include, without
      limitation, (i) all registration and filing fees (including, without limitation,
      fees and expenses (A) with respect to filings required to be made with any
      Trading Market on which the Common Stock is then listed for trading, and (B)
      in
      compliance with applicable state securities or Blue Sky laws), (ii) printing
      expenses (including, without limitation, expenses of printing certificates
      for
      Registrable Securities and of printing prospectuses if the printing of
      prospectuses is reasonably requested by the holders of a majority of the
      Registrable Securities included in the Registration Statement), (iii) messenger,
      telephone and delivery expenses, (iv) fees and disbursements of counsel for
      the
      Company, (v) Securities Act liability insurance, if the Company so desires
      such
      insurance, and (vi) fees and expenses of all other Persons retained by the
      Company in connection with the consummation of the transactions contemplated
      by
      this Agreement. In addition, the Company shall be responsible for all of its
      internal expenses incurred in connection with the consummation of the
      transactions contemplated by this Agreement (including, without limitation,
      all
      salaries and expenses of its officers and employees performing legal or
      accounting duties), the expense of any annual audit and the fees and expenses
      incurred in connection with the listing of the Registrable Securities on any
      securities exchange as required hereunder. In no event shall the Company be
      responsible for any broker or similar commissions incurred by any Holder or,
      except to the extent provided for in the Transaction Documents, any legal fees
      or other cost of the Holders in connection with this Agreement.

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

     

    5.  Indemnification.

     

    (a)  Indemnification
      by the Company.
      The
      Company shall, notwithstanding any termination of this Agreement, indemnify
      and
      hold harmless each Holder, the officers, directors, agents, investment advisors,
      partners, members and employees of each of them, each Person who controls any
      such Holder (within the meaning of Section 15 of the Securities Act or Section
      20 of the Exchange Act) and the officers, directors, agents and employees of
      each such controlling Person, to the fullest extent permitted by applicable
      law,
      from and against any and all losses, claims, damages, liabilities, costs
      (including, without limitation, reasonable costs of preparation that lead to
      an
      allegation of indemnity hereunder and reasonable attorneys' fees) and expenses
      (collectively, "Losses"),
      as
      incurred, arising out of or relating to any untrue or alleged untrue statement
      of a material fact contained in any Registration Statement, any Prospectus
      or
      any form of prospectus or in any amendment or supplement thereto or in any
      preliminary prospectus, or arising out of or relating to any omission or alleged
      omission of a material fact required to be stated therein or necessary to make
      the statements therein (in the case of any Prospectus or form of prospectus
      or
      supplement thereto, in light of the circumstances under which they were made)
      not misleading, except to the extent, but only to the extent, that (1) such
      untrue statements or omissions are based solely upon information regarding
      such
      Holder furnished in writing to the Company by such Holder expressly for use
      therein, or to the extent that such information relates to such Holder or such
      Holder's proposed method of distribution of Registrable Securities and was
      reviewed and expressly approved in writing by such Holder expressly for use
      in
      the Registration Statement, such Prospectus or such form of Prospectus or in
      any
      amendment or supplement thereto (it being understood that the Holder has
      approved Annex A hereto for this purpose) or (2) in the case of an occurrence
      of
      an event of the type specified in Section 3(c)(ii)-(v), the use by such Holder
      of an outdated or defective Prospectus after the Company has notified such
      Holder in writing that the Prospectus is outdated or defective and prior to
      the
      receipt by such Holder of an Advice or an amended or supplemented Prospectus,
      but only if and to the extent that following the receipt of the Advice or the
      amended or supplemented Prospectus the misstatement or omission giving rise
      to
      such Loss would have been corrected. The Company shall notify the Holders
      promptly of the institution, threat or assertion of any Proceeding of which
      the
      Company is aware in connection with the transactions contemplated by this
      Agreement.

     

    (b)  Indemnification
      by Holders.
      Each
      Holder shall, severally and not jointly, indemnify and hold harmless the
      Company, its directors, officers, agents and employees, each Person who controls
      the Company (within the meaning of Section 15 of the Securities Act and Section
      20 of the Exchange Act), and the directors, officers, agents or employees of
      such controlling Persons, to the fullest extent permitted by applicable law,
      from and against all Losses, as incurred, arising solely out of or based solely
      upon: (x) such Holder's failure to comply with the prospectus delivery
      requirements of the Securities Act or (y) any untrue statement of a material
      fact contained in any Registration Statement, any Prospectus, or any form of
      prospectus, or in any amendment or supplement thereto, or arising solely out
      of
      or based solely upon any omission of a material fact required to be stated
      therein or necessary to make the statements therein not misleading to the
      extent, but only to the extent that, (1) such untrue statements or omissions
      are
      based solely upon information regarding such Holder furnished in writing to
      the
      Company by such Holder expressly for use therein, or to the extent that such
      information relates to such Holder or such Holder's proposed method of
      distribution of Registrable Securities and was reviewed and expressly approved
      in writing by such Holder expressly for use in the Registration Statement (it
      being understood that the Holder has approved Annex A hereto for this purpose),
      such Prospectus or such form of Prospectus or in any amendment or supplement
      thereto or (2) in the case of an occurrence of an event of the type specified
      in
      Section 3(c)(ii)-(v), the use by such Holder of an outdated or defective
      Prospectus after the Company has notified such Holder in writing that the
      Prospectus is outdated or defective and prior to the receipt by such Holder
      of
      an Advice or an amended or supplemented Prospectus, but only if and to the
      extent that following the receipt of the Advice or the amended or supplemented
      Prospectus the misstatement or omission giving rise to such Loss would have
      been
      corrected. In no event shall the liability of any selling Holder hereunder
      be
      greater in amount than the dollar amount of the net proceeds received by such
      Holder upon the sale of the Registrable Securities giving rise to such
      indemnification obligation.

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

     

    (c)  Conduct
      of Indemnification Proceedings.
      If any
      Proceeding shall be brought or asserted against any Person entitled to indemnity
      hereunder (an "Indemnified
      Party"),
      such
      Indemnified Party shall promptly notify the Person from whom indemnity is sought
      (the "Indemnifying
      Party")
      in
      writing, and the Indemnifying Party shall assume the defense thereof, including
      the employment of counsel reasonably satisfactory to the Indemnified Party
      and
      the payment of all fees and expenses incurred in connection with defense
      thereof; provided, that the failure of any Indemnified Party to give such notice
      shall not relieve the Indemnifying Party of its obligations or liabilities
      pursuant to this Agreement, except (and only) to the extent that it shall be
      finally determined by a court of competent jurisdiction (which determination
      is
      not subject to appeal or further review) that such failure shall have
      proximately and materially adversely prejudiced the Indemnifying
      Party.

     

    An
      Indemnified Party shall have the right to employ separate counsel in any such
      Proceeding and to participate in the defense thereof, but the fees and expenses
      of such counsel shall be at the expense of such Indemnified Party or Parties
      unless: (1) the Indemnifying Party has agreed in writing to pay such fees and
      expenses; (2) the Indemnifying Party shall have failed promptly to assume the
      defense of such Proceeding and to employ counsel reasonably satisfactory to
      such
      Indemnified Party in any such Proceeding; or (3) the named parties to any such
      Proceeding (including any impleaded parties) include both such Indemnified
      Party
      and the Indemnifying Party, and such Indemnified Party shall have been advised
      by counsel that a conflict of interest is likely to exist if the same counsel
      were to represent such Indemnified Party and the Indemnifying Party (in which
      case, if such Indemnified Party notifies the Indemnifying Party in writing
      that
      it elects to employ separate counsel at the expense of the Indemnifying Party,
      the Indemnifying Party shall not have the right to assume the defense thereof
      and such counsel shall be at the expense of the Indemnifying Party); provided
      that, the Indemnifying Party shall pay for no more than two separate sets of
      counsel for all Indemnified Parties and such legal counsel shall be selected
      by
      Holders of no less than a majority in interest of the then outstanding
      Registrable Securities The Indemnifying Party shall not be liable for any
      settlement of any such Proceeding effected without its written consent, which
      consent shall not be unreasonably withheld. No Indemnifying Party shall, without
      the prior written consent of the Indemnified Party, effect any settlement of
      any
      pending Proceeding in respect of which any Indemnified Party is a party, unless
      such settlement includes an unconditional release of such Indemnified Party
      from
      all liability on claims that are the subject matter of such
      Proceeding.

     

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

     

    All
      reasonable fees and expenses of the Indemnified Party (including reasonable
      fees
      and expenses to the extent incurred in connection with investigating or
      preparing to defend such Proceeding in a manner not inconsistent with this
      Section) shall be paid to the Indemnified Party, as incurred, within ten Trading
      Days of written notice thereof to the Indemnifying Party (regardless of whether
      it is ultimately determined that an Indemnified Party is not entitled to
      indemnification hereunder; provided, that the Indemnifying Party may require
      such Indemnified Party to undertake to reimburse all such fees and expenses
      to
      the extent it is finally judicially determined that such Indemnified Party
      is
      not entitled to indemnification hereunder).

     

    (d)  Contribution.
      If a
      claim for indemnification under Section 5(a) or 5(b) is unavailable to an
      Indemnified Party (by reason of public policy or otherwise), then each
      Indemnifying Party, in lieu of indemnifying such Indemnified Party, shall
      contribute to the amount paid or payable by such Indemnified Party as a result
      of such Losses (unless such Losses arose due to the gross negligence, fraud,
      or
      willful misconduct of the Indemnified Party), in such proportion as is
      appropriate to reflect the relative fault of the Indemnifying Party and
      Indemnified Party in connection with the actions, statements or omissions that
      resulted in such Losses as well as any other relevant equitable considerations.
      The relative fault of such Indemnifying Party and Indemnified Party shall be
      determined by reference to, among other things, whether any action in question,
      including any untrue or alleged untrue statement of a material fact or omission
      or alleged omission of a material fact, has been taken or made by, or relates
      to
      information supplied by, such Indemnifying Party or Indemnified Party, and
      the
      parties' relative intent, knowledge, access to information and opportunity
      to
      correct or prevent such action, statement or omission. The amount paid or
      payable by a party as a result of any Losses shall be deemed to include, subject
      to the limitations set forth in Section 5(c), any reasonable attorneys' or
      other
      reasonable fees or expenses incurred by such party in connection with any
      Proceeding to the extent such party would have been indemnified for such fees
      or
      expenses if the indemnification provided for in this Section was available
      to
      such party in accordance with its terms.

     

    The
      parties hereto agree that it would not be just and equitable if contribution
      pursuant to this Section 5(d) were determined by pro rata allocation or by
      any
      other method of allocation that does not take into account the equitable
      considerations referred to in the immediately preceding paragraph.
      Notwithstanding the provisions of this Section 5(d), no Holder shall be required
      to contribute, in the aggregate, any amount in excess of the amount by which
      the
      proceeds actually received by such Holder from the sale of the Registrable
      Securities subject to the Proceeding exceeds the amount of any damages that
      such
      Holder has otherwise been required to pay by reason of such untrue or alleged
      untrue statement or omission or alleged omission.

     

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

     

    The
      indemnity and contribution agreements contained in this Section are in addition
      to any liability that the Indemnifying Parties may have to the Indemnified
      Parties.

     

    6.  Miscellaneous.

     

    (a)  Remedies.
      In the
      event of a breach by the Company or by a Holder, of any of their obligations
      under this Agreement, each Holder or the Company, as the case may be, in
      addition to being entitled to exercise all rights granted by law and under
      this
      Agreement, including recovery of damages, will be entitled to specific
      performance of its rights under this Agreement. The Company and each Holder
      agree that monetary damages would not provide adequate compensation for any
      losses incurred by reason of a breach by it of any of the provisions of this
      Agreement and hereby further agrees that, in the event of any action for
      specific performance in respect of such breach, it shall waive the defense
      that
      a remedy at law would be adequate.

     

    (b)  No
      Piggyback on Registrations.
      Except
      as and to the extent specified in Schedule
      3.1(v)
      to the
      Purchase Agreement, neither the Company nor any of its security holders (other
      than the Holders in such capacity pursuant hereto) may include securities of
      the
      Company in a Registration Statement other than the Registrable Securities,
      and
      the Company shall not during the Effectiveness Period enter into any agreement
      providing any such right to any of its security holders.

     

    (c)  Compliance.
      Each
      Holder covenants and agrees that it will comply with the prospectus delivery
      requirements of the Securities Act as applicable to it in connection with sales
      of Registrable Securities pursuant to the Registration Statement.

     

    (d)  Discontinued
      Disposition.
      Each
      Holder agrees by its acquisition of such Registrable Securities that, upon
      receipt of a notice from the Company of the occurrence of any event of the
      kind
      described in Section 3(c), such Holder will forthwith discontinue disposition
      of
      such Registrable Securities under the Registration Statement until such Holder's
      receipt of the copies of the supplemented Prospectus and/or amended Registration
      Statement or until it is advised in writing (the "Advice")
      by the
      Company that the use of the applicable Prospectus may be resumed, and, in either
      case, has received copies of any additional or supplemental filings that are
      incorporated or deemed to be incorporated by reference in such Prospectus or
      Registration Statement. The Company may provide appropriate stop orders to
      enforce the provisions of this paragraph.

     

    (e)  Piggy-Back
      Registrations.
      If at
      any time during the Effectiveness Period there is not an effective Registration
      Statement covering all of the Registrable Securities and the Company shall
      determine to prepare and file with the Commission a registration statement
      relating to an offering for its own account or the account of others under
      the
      Securities Act of any of its equity securities, other than on Form S-4 or Form
      S-8 (each as promulgated under the Securities Act) or their then equivalents
      relating to equity securities to be issued solely in connection with any
      acquisition of any entity or business or equity securities issuable in
      connection with stock option or other employee benefit plans, then the Company
      shall send to each Holder written notice of such determination and, if within
      fifteen calendar days after receipt of such notice, any such Holder shall so
      request in writing, the Company shall include in such registration statement
      all
      or any part of such Registrable Securities such holder requests to be
      registered, subject to customary underwriter cutbacks applicable to all holders
      of registration rights.

     

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

    

     

    (f)  Amendments
      and Waivers.
      The
      provisions of this Agreement, including the provisions of this Section 6(f),
      may
      not be amended, modified or supplemented, and waivers or consents to departures
      from the provisions hereof may not be given, unless the same shall be in writing
      and signed by the Company and the Holders of no less than a majority in interest
      of the then outstanding Registrable Securities. Notwithstanding the foregoing,
      a
      waiver or consent to depart from the provisions hereof with respect to a matter
      that relates exclusively to the rights of certain Holders and that does not
      directly or indirectly affect the rights of other Holders may be given by
      Holders of at least a majority of the Registrable Securities to which such
      waiver or consent relates; provided,
      further
      that no amendment or waiver to any provision of this Agreement relating to
      naming any Holder or requiring the naming of any Holder as an underwriter may
      be
      effected in any manner inconsistent with the written information provided by
      the
      Holder in the Selling Holder Questionnaire. Section 2(a) may not be amended
      or
      waived except by written consent of each Holder affected by such amendment
      or
      waiver. 

     

    (g)  Notices.
      Any and
      all notices or other communications or deliveries required or permitted to
      be
      provided hereunder shall be in writing and shall be deemed given and effective
      on the earliest of (a) the date of transmission, if such notice or communication
      is delivered via facsimile (provided the sender receives a machine-generated
      confirmation of successful transmission) at the facsimile number specified
      in
      this Section or (ii) electronic mail (i.e., Email) prior to 6:30 p.m. (New
      York
      City time) on a Trading Day, (b) the next Trading Day after the date of
      transmission, if such notice or communication is delivered via facsimile at
      the
      facsimile number specified in this Section or (ii) electronic mail (i.e.,
      Email)on a day that is not a Trading Day or later than 6:30 p.m. (New York
      City
      time) on any Trading Day, (c) the Trading Day following the date of mailing,
      if
      sent by U.S. nationally recognized overnight courier service, or (d) upon actual
      receipt by the party to whom such notice is required to be given. The address
      for such notices and communications shall be as follows:

    

      
        	
                If
                  to the Company: 

              	
                First
                  Growth Investors, Inc.

              
	 	
                301
                  Hailong Street

              
	 	
                Hanting
                  District, Weifang, Shandong Province

              
	 	
                People's
                  Republic of China 261101

              
	 	
                Facsimile:
                  86-536-7363788

              
	 	
                Attn.:
                  President

              
	 	
                Email:
                  zhangjinhua1688@126.com

              
	 	 
	
                With
                  a copy to:

              	
                Heller
                  Ehrman LLP

              
	 	
                35th
                  Floor

              
	 	
                One
                  Exchange Square

              
	 	
                8
                  Connaught Place

              
	 	
                Central,
                  Hong Kong

              
	 	
                Facsimile:
                  +852 2292 2200

              
	 	
                Email:
                  Simon.Luk@hellerehrman.com

              
	 	
                Attn.:
                  Simon Luk, Esq.

              

      

       

      
        
          
          

        

        
          15

          
            

          

        

        
          
          

        

      

       

      
        	 	 
	
                If
                  to an Investor: 

              	
                To
                  the address set forth under such Investor's name on the signature
                  pages
                  hereto.

              
	 	 
	
                If
                  to any other Person who is then the registered Holder:

              
	 	 
	 	
                To
                  the address of such Holder as it appears in the stock transfer
                  books of
                  the Company

              

      

    

     

    or
      such
      other address as may be designated in writing hereafter, in the same manner,
      by
      such Person.

     

    (h)  Successors
      and Assigns.
      This
      Agreement shall inure to the benefit of and be binding upon the successors
      and
      permitted assigns of each of the parties and shall inure to the benefit of
      each
      Holder. The Company may not assign its rights or obligations hereunder without
      the prior written consent of each Holder. Each Holder may assign their
      respective rights hereunder in the manner and to the Persons as permitted under
      the Purchase Agreement.

     

    (i)  Execution
      and Counterparts.
      This
      Agreement may be executed in any number of counterparts, each of which when
      so
      executed shall be deemed to be an original and, all of which taken together
      shall constitute one and the same Agreement. In the event that any signature
      is
      delivered by facsimile transmission, such signature shall create a valid binding
      obligation of the party executing (or on whose behalf such signature is
      executed) the same with the same force and effect as if such facsimile signature
      were the original thereof.

     

    (j)  Governing
      Law.
      All
      questions concerning the construction, validity, enforcement and interpretation
      of this Agreement shall be governed by and construed and enforced in accordance
      with the internal laws of the State of New York, without regard to the
      principles of conflicts of law thereof. Each party agrees that all Proceedings
      concerning the interpretations, enforcement and defense of the transactions
      contemplated by this Agreement (whether brought against a party hereto or its
      respective Affiliates, employees or agents) will be commenced in the New York
      Courts. Each party hereto hereby irrevocably submits to the exclusive
      jurisdiction of the New York Courts for the adjudication of any dispute
      hereunder or in connection herewith or with any transaction contemplated hereby
      or discussed herein, and hereby irrevocably waives, and agrees not to assert
      in
      any Proceeding, any claim that it is not personally subject to the jurisdiction
      of any New York Court, or that such Proceeding has been commenced in an improper
      or inconvenient forum. Each party hereto hereby irrevocably waives personal
      service of process and consents to process being served in any such Proceeding
      by mailing a copy thereof via registered or certified mail or overnight delivery
      (with evidence of delivery) to such party at the address in effect for notices
      to it under this Agreement and agrees that such service shall constitute good
      and sufficient service of process and notice thereof. Nothing contained herein
      shall be deemed to limit in any way any right to serve process in any manner
      permitted by law. Each party hereto hereby irrevocably waives, to the fullest
      extent permitted by applicable law, any and all right to trial by jury in any
      Proceeding arising out of or relating to this Agreement or the transactions
      contemplated hereby. If either party shall commence a Proceeding to enforce
      any
      provisions of this Agreement, then the prevailing party in such Proceeding
      shall
      be reimbursed by the other party for its attorney’s fees and other costs and
      expenses incurred with the investigation, preparation and prosecution of such
      Proceeding.

     

    
      
        
        

      

      
        16

        
          

        

      

      
        
        

      

    

     

    (k)  Cumulative
      Remedies.
      The
      remedies provided herein are cumulative and not exclusive of any remedies
      provided by law.

     

    (l)  Severability.
      If any
      term, provision, covenant or restriction of this Agreement is held by a court
      of
      competent jurisdiction to be invalid, illegal, void or unenforceable, the
      remainder of the terms, provisions, covenants and restrictions set forth herein
      shall remain in full force and effect and shall in no way be affected, impaired
      or invalidated, and the parties hereto shall use their reasonable efforts to
      find and employ an alternative means to achieve the same or substantially the
      same result as that contemplated by such term, provision, covenant or
      restriction. It is hereby stipulated and declared to be the intention of the
      parties that they would have executed the remaining terms, provisions, covenants
      and restrictions without including any of such that may be hereafter declared
      invalid, illegal, void or unenforceable.

     

    (m)  Headings.
      The
      headings in this Agreement are for convenience of reference only and shall
      not
      limit or otherwise affect the meaning hereof.

     

    (n)  Independent
      Nature of Investors' Obligations and Rights.
      The
      obligations of each Investor under this Agreement are several and not joint
      with
      the obligations of each other Investor, and no Investor shall be responsible
      in
      any way for the performance of the obligations of any other Investor under
      this
      Agreement. Nothing contained herein or in any Transaction Document, and no
      action taken by any Investor pursuant thereto, shall be deemed to constitute
      the
      Investors as a partnership, an association, a joint venture or any other kind
      of
      entity, or create a presumption that the Investors are in any way acting in
      concert or as a group with respect to such obligations or the transactions
      contemplated by this Agreement or any other Transaction Document. Each Investor
      acknowledges that no other Investor will be acting as agent of such Investor
      in
      enforcing its rights under this Agreement. Each Investor 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 Investor to be joined as an additional party in any Proceeding for such
      purpose. The Company acknowledges that each of the Investors has been provided
      with the same Registration Rights Agreement for the purpose of closing a
      transaction with multiple Investors and not because it was required or requested
      to do so by any Investor.

     

    [REMAINDER
      OF PAGE INTENTIONALLY LEFT BLANK

    SIGNATURE
      PAGES TO FOLLOW]

    

    
      
        
        

      

      
        17

        
          

        

      

      
        
        

      

    

    IN
      WITNESS WHEREOF, the parties have executed this Registration Rights Agreement
      as
      of the date first written above.

     

    
      	 	 	 
	 	
              FIRST
                GROWTH INVESTORS, INC.

            
	 
 	 
 	 
 
	
            	By:  	/s/ Gao
              Zhentao
	 	
              

              Name:
                Gao Zhentao

              Title:
                Director

            

    

     

    [REMAINDER
      OF PAGE INTENTIONALLY LEFT BLANK

    SIGNATURE
      PAGES OF INVESTORS TO FOLLOW]

     

    
      
        
        

      

      
        18

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF, the parties have executed this Registration Rights Agreement
      as
      of the date first written above.

    
      	 	 	 
	 	NAME OF INVESTING
              ENTITY
	 	 
	 	Dehua Qian
	 
 	 
 	 
 
	 	By:  	/s/
              Dehua
              Qian 
	 	
              
Name: Dehua
              Qian
	 	Title: 

    

     

    
      	 	 	 
	 	
              Investment
                Amount: $
                30,000

            
	 	 
	 	Tax ID No.: 75-2945750
	 	 
	 	ADDRESS FOR
              NOTICE
	 	 
	 	c/o:
	 	 
	 	Street: Rm.301
              No.121 Block, Jiaxin Garden, Huanghua Rd
	 	 
	 	City/State/Zip: Shanghai
              201103 P.R. CHINA
	 	 
	 	Attention: Dehua
              Qian
	 	 
	 	Tel: 86-21-64027004
	 	 
	 	Fax: 86-21-61457459
	 	 
	 	NAME OF INVESTING
              ENTITY
	 	 
	 	Westpark Capital, L. P.
	 	 
	 
 	 
 	 
 
	
            	By:  	/s/ Patrick
              J. Brosnahan 
	 	
              
Name: Patrick
              J. Brosnahan
	 	Title: General
              Partner

    

     

    
      
        
        

      

      
        19

        
          

        

      

      
        
        

      

    

     

    
      	 	 	 
	 	Investment Amount: $
              116.875
	 	 	 
	 	Tax ID No.:
              ________________________
	 	 	 
	 	ADDRESS
              FOR NOTICE
	 	 	 
	 	c/o: Westpark
              Capital, L.P.
	 	 	 
	 	Street: 4965
              Preston Park Blvd, Suite 220
	 	 	 
	 	City/State/Zip: Plano,
              TX 75093
	 	 	 
	 	Attention: Patrick
              J. Brosnahan
	 	 	 
	 	Tel: 972-985-2127
	 	 	 
	 	Fax: 972-985-2161
	 	 	 
	 	NAME OF INVESTING
              ENTITY
	 	 	 
	 	Liping Gu
	 
 	 
 	 
 
	
            	By:  	/s/
              Liping
              Gu 
	 	
              
Name: Liping
              Gu
	 	Title: 

    

     

    
      	 	 	 
	 	Investment Amount: $
              100,000.00
	 	 
	 	Tax ID No.: _________________
	 	 
	 	ADDRESS FOR
              NOTICE
	 	 
	 	c/o: 16F,
              East Tower of Julong Plaza
	 	 
	 	Street: No.
              9, Hangda
	 	 
	 	
              City/State/Zip:
                Hang Zhou, P.R.C. 310007

            
	 	 
	 	Attention: Gu
              Liping
	 	 
	 	Tel: 0086-571-87858321
	 	 
	 	Fax: 0086-571-87858327

    

     

    
      
        
        

      

      
        20

        
          

        

      

      
        
        

      

    

     

    
      	 	 	 
	 	NAME OF INVESTING
              ENTITY
	 	 
	 	Ruoling Wang
	 
 	 
 	 
 
	
            	By:  	/s/
              Ruoling
              Wang
	 	
              
Name: Ruoling
              Wang
	 	Title:

       

      
        	 	 	 
	 	Investment Amount: $
                100,000.00
	 	 
	 	
                Tax
                  ID No.: ___________________

              
	 	 
	 	ADDRESS FOR
                NOTICE
	 	 
	 	c/o: _________________________
	 	
              
	 	
                Street:
                  Rm
                  1701, 21 Building, 669 Baiyu Rd

              
	 	 
	 	City/State/Zip: Shanghai,
                200063 PRC
	 	 
	 	Attention: Ruoling
                Wang
	 	 
	 	
                Tel:
                  86-21-52364346

              
	 	 
	 	Fax: 86-21-61457459
	 	 
	 	NAME OF INVESTING
                ENTITY
	 	 
	 	Wu Mijia
	 
 	 
 	 
 
	
              	By:  	/s/ Wu
                Mijia 
	 	
                
Name: Wu
                Mijia
	 	Title:

      

       

      
        	 	 	 
	 	Investment Amount: $
                50,000.00
	 	 
	 	Tax ID No.: _______________
	 	 
	 	ADDRESS FOR
                NOTICE
	 	 
	 	c/o:
                ______________________

      

        

    

    
      
        
        

      

      
        21

        
          

        

      

      
        
        

      

    

     

    
      	 	 	 
	 	Street: 3-52-402
              Jinhui Garden, Hongsong Road
	 	 
	 	City/State/Zip: Shanghai,
              201103 PR China
	 	 
	 	Attention: Wu
              Mijia
	 	 
	 	
              Tel:
                86-21-64021506

            
	 	 
	 	Fax: 86-21-64021506
	 	 
	 	NAME OF INVESTING
              ENTITY
	 	 
	 	Ancora Greater China Fund, LP
	 
 	 
 	 
 
	
            	By:  	/s/ John
              Micklitsch
	 	
              
Name: John
              Micklitsch
	 	Title: Managing
              Partner

       

      
        	 	 	 
	 	Investment Amount: $
                50,000.00
	 	 
	 	Tax ID No.:06-1819912
	 	 
	 	
                ADDRESS
                  FOR NOTICE

              
	 	 
	 	
                c/o:  Ancora
                  Greater China Fund, LP, One Chagrin 

                Highlands,
                  2000 Auburn Dr #300

              
	 	 
	 	
                Street:
                  3-52-402
                  Jinhui Garden, Hongsong Road

              
	 	 
	 	City/State/Zip:
                Cleveland, OH 44122
	 	 
	 	Attention: John
                P. Micklitsch
	 	 
	 	Tel: 216-593-5074
	 	 
	 	Fax: 216-825-4001
	 	 
	 	NAME OF INVESTING
                ENTITY
	 	 
	 	Atlas Allocation Fund, L.P.
	 	 
	 
 	 
 	 
 
	
              	By:  	/s/ /Robet
                H Alpert 
	 	
                
Name: Robet
                H Alpert
	 	Title: President

 

      
        
          
          

        

        
          22

          
            

          

        

        
          
          

        

      

       

    

    
      	 	 	 
	 	Investment Amount: $
              111,250.00
	 	 
	 	Tax ID No.:
              20-4276550
	 	 
	 	ADDRESS FOR
              NOTICE
	 	 
	 	c/o:
              Altas Capital
	 	 
	 	Street: 100
              Crescent Court, Suite 880
	 	 
	 	City/State/Zip:
              Dallas, TX 75201
	 	 
	 	Attention: Caryn
              Peeples
	 	 
	 	Tel: 214-999-4082
	 	 
	 	Fax: 214-999-4095
	 	 
	 	NAME OF INVESTING
              ENTITY
	 	 
	 	Howard H. Lu
	 
 	 
 	 
 
	
            	By:  	/s/ Howard
              H. Lu 
	 	
              

              Name: Howard
                H. Lu

            
	 	Title:

    

     

    
      	 	 	 
	 	Investment Amount: $
              20,000.00
	 	 
	 	
              Tax
                ID No.:
                ###-##-####

            
	 	 
	 	ADDRESS FOR
              NOTICE
	 	 
	 	c/o:
              Howard H. Lu
	 	 
	 	Street: 1224
              East Green Street, Suite 200
	 	 
	 	 
	 	City/State/Zip:
              Pasadena, CA 91106
	 	 
	 	Attention: Howard
              H. Lu
	 	 
	 	Tel: 626-390-3600
	 	 
	 	Fax: 626-796-8990
	 	 

    

     

    
      
        
        

      

      
        23

        
          

        

      

      
        
        

      

    

     

    
      	 	 	 
	 	NAME OF INVESTING
              ENTITY
	 	 
	 	Investment Hunter, LLC
	 
 	 
 	 
 
	
            	By:  	/s/ Gary
              Evans 
	 	
              
Name: Gary
              Evansrt
	 	Title: Manager

    

     

    
      	 	 	 
	 	Investment Amount: $
              1,500,000.00
	 	 
	 	Tax ID No.:
              20-3222532
	 	 
	 	ADDRESS FOR
              NOTICE
	 	 
	 	
              c/o:
                Investment Hunter, LLC

            
	 	 
	 	
              Street:
                P.O.
                Box 540308

            
	 	 
	 	
              City/State/Zip:
                Dallas, TX 75354-0308

            
	 	 
	 	Attention: Gary
              Evans
	 	 
	 	Tel: 214-533-6565
	 	 
	 	Fax: 2972-745-6736
	 	 
	 	NAME OF INVESTING
              ENTITY
	 	 
	 	BLACK RIVER COMMODITY SELECT FUND
              LTD.
	 	 
	 
 	 
 	 
 
	
            	By:  	/s/ Guilherme
              Schmidt 
	 	
              
Name: Guilherme
              Schmidt
	 	Title: Principal

    

     

    
      	 	 	 
	 	Investment Amount: $
              3,000,000.00
	 	 
	 	Tax ID No.:
              33-1136854
	 	 
	 	ADDRESS FOR
              NOTICE
	 	 
	 	c/o:
              Black River Asset Management LLC

    

      

    
      
        
        

      

      
        24

        
          

        

      

      
        
        

      

    

     

    
      	 	 	 
	 	Street: 12700
              Whitewater Drive
	 	 
	 	City/State/Zip:
              Minnetonka, MN 55343
	 	 
	 	Attention: Sarah
              Kolar
	 	 
	 	Tel: 952-984-3249
	 	 
	 	
              Fax:
                952-249-4236

            
	 	 
	 	NAME OF INVESTING
              ENTITY
	 	 
	 	BLACK RIVER SMALL CAPITALIZATION FUND
              LTD.
	 
 	 
 	 
 
	 	By:  	 /s/
              Guilherme
              Schmidt 
	 	
              
Name: Guilherme
              Schmidt
	 	Title: Principal

    

     

    
      	 	 	 
	 	Investment Amount: $
              4,000,000.00
	 	 
	 	
              Tax
                ID No.:
                98-0471638

            
	 	 
	 	
              ADDRESS
                FOR NOTICE

            
	 	 
	 	
              c/o:
                Black River Asset Management LLC

            
	 	 
	 	Street: 12700
              Whitewater Drive
	 	 
	 	
              City/State/Zip:
                Minnetonka, MN 55343

            
	 	 
	 	
              Attention:
                Sarah
                Kolar

            
	 	 
	 	
              Tel:
                952-984-3249

            
	 	 
	 	
              Fax:
                952-249-4236

            
	 	 
	 	NAME OF INVESTING
              ENTITY
	 	 
	 	Chestnut Ridge Partners, LP
	 
 	 
 	 
 
	
            	By:  	/s/ Kenneth
              Holz 
	 	
              
Name: Kenneth
              Holz
	 	Title: CFO

    

     

    
      
        
        

      

      
        25

        
          

        

      

      
        
        

      

    

     

    
      	 	 	 
	 	Investment Amount: $
              111,250.00
	 	 
	 	
              Tax
                ID No.:
                03-0404154

            
	 	 
	 	ADDRESS FOR
              NOTICE
	 	 
	 	
              c/o:
                

            
	 	 
	 	Street: 50
              Tice Boulevard
	 	 
	 	City/State/Zip:
              Woodcliff Lake, NJ 07677
	 	 
	 	Attention: Kenneth
              Holz
	 	 
	 	Tel: 201-802-9494
	 	 
	 	Fax: 201-802-9450
	 	 
	 	NAME OF INVESTING
              ENTITY
	 	 
	 	Guerrilla Partners LP
	 
 	 
 	 
 
	
            	By:  	/s/ Leigh
              S.
              Curry 
	 	
              

              Name: Leigh
                S. Curry

            
	 	Title: Managing
              director

    

     

    
      	 	 	 
	 	Investment Amount: $
              200,000.00
	 	 
	 	Tax ID No.:
              20-8026466
	 	 
	 	ADDRESS FOR
              NOTICE
	 	 
	 	c/o:
              Guerrilla Capital Management
	 	 
	 	Street: 237
              Park Ave 9th Fl
	 	 
	 	City/State/Zip:
              New York, NY 10017
	 	 
	 	
              Attention:
                Peter
                Siris

            
	 	 
	 	Tel: 212-692-7692
	 	 
	 	Fax: 212-692-7689
	 	 	 
	 	
            

    

     

    
      
        
        

      

      
        26

        
          

        

      

      
        
        

      

    

     

    
      	 	 	 
	 	NAME OF INVESTING
              ENTITY
	 	 
	 	Southwell Partners, L.P.
	 
 	 
 	 
 
	 	By:  	/s/ Wilson
              S.
              Jaegli 
	 	
              
Name: Wilson
              S. Jaegli
	 	Title: Managing
              Director

    

    
      	 	 	 
	 	Investment Amount: $
              200,000.00
	 	 
	 	Tax ID No.:
              75-2345339
	 	 
	 	ADDRESS FOR
              NOTICE
	 	 
	 	c/o:
              ______________________________
	 	 
	 	Street: 1901
              North Akard St.
	 	 
	 	City/State/Zip:
              Dallas, TX 75201
	 	 
	 	
              Attention:
                Wilson S. Jaegli

            
	 	 
	 	Tel: 214-922-9696
	 	 
	 	Fax: 214-922-9699
	 	 
	 	
              DELIVERY INSTRUCTIONS

              (if
                different from above)

            
	 	 
	 	
              c/o:.
                Banc of American Securities

            
	 	 
	 	Street: 901
              Main Street, Suite 6616
	 	 
	 	City/State/Zip: Dallas,
              TX 75202
	 	 
	 	Attention: Brett
              Speer
	 	 
	 	Tel: 214-209-9973

  

    
      
        
        

      

      
        27

        
          

        

      

      
        
        

      

       

      
        	 	 	 
	 	NAME OF INVESTING
                ENTITY
	 	 
	 	Kevin B Halter Jr. 
	 
 	 
 	 
 
	
              	By:  	/s/ Kevin
                B Halter  Jr.
	 	
                
Name: Kevin
                B Halter Jr.
	 	Title: 

      

      

        	 	 	 
	 	Investment Amount: $
                100,000.00
	 	 
	 	
                Tax
                  ID No.:
                  ###-##-####

              
	 	 
	 	
                ADDRESS
                  FOR NOTICE

              
	 	 
	 	c/o:
                Kevin B Halter
	 	 
	 	
                Street:
                  2591
                  Dallas Parkway #102

              
	 	 
	 	City/State/Zip:
                Frisco, TX 75034
	 	 
	 	Attention: Kevin
                B Halter Jr.
	 	 
	 	Tel: 972-963-0001
	 	 
	 	
                Fax:
                  469-633-0069

              

      

       

      
        	 	 	 
	 	NAME OF INVESTING
                ENTITY
	 	 
	 	Octagon Capital Partners
	 
 	 
 	 
 
	
              	By:  	/s/ Steven
                Hart 
	 	
                

                Name: Steven
                  Hart

              
	 	
                Title: General
                  Partner

              

      

      
        	 	 	 
	 	Investment Amount: $
                31,250.00
	 	 
	 	Tax ID No.:
                20-2027228
	 	 
	 	
                ADDRESS
                  FOR NOTICE

              
	 	 
	 	c/o:
                Steven Hart
	 	 
	 	
                Street:
                  155
                  West 68th Street, #27E

              

 

    

    
      
        
        

      

      
        28

        
          

        

      

      
        
        

      

    

     

    
      	 	 	 
	 	City/State/Zip:
              New York, NY 10023
	 	 
	 	Attention: Steven
              Hart
	 	 
	 	Tel: 917-658-7878
	 	 
	 	
              Fax:
                212-692-7689

            
	 	 
	 	
              NAME
                OF INVESTING ENTITY

            
	 	 
	 	Guerrilla Partners LP
	 
 	 
 	 
 
	
            	By:  	/s/ Leigh
              S.
              Curry 
	 	
              
Name: Leigh
              S. Curry
	 	Title: Managing
              director

    

     

    
      	 	 	 
	 	Investment Amount: $
              200,000.00
	 	 
	 	
              Tax
                ID No.:
                20-8026466

            
	 	 
	 	
              ADDRESS
                FOR NOTICE

            
	 	 
	 	c/o:
              Guerrilla Capital Management
	 	 
	 	
              Street:
                237
                Park Ave 9th Fl

            
	 	 
	 	
              City/State/Zip:
                New York, NY 10017

            
	 	 
	 	
              Attention:
                Peter
                Siris

            
	 	 
	 	Tel: 212-692-7692
	 	 
	 	Fax: 212-692-7689
	 	 
	 	
              NAME
                OF INVESTING ENTITY

            
	 	 
	 	Pinnacle China Fund L.P. 
	 
 	 
 	 
 
	
            	By:  	/s/ Barry
              M. Kitt 
	 	
              

              Name: Leigh
                S. Curry

            
	 	
              Title: Managing
                director

            

    

     

    
      
        
        

      

      
        29

        
          

        

      

      
        
        

      

    

     

    
      	 	 	 
	 	Investment Amount: $
              3,750.00
	 	 
	 	
              Tax
                ID No.:
                20-3358646

            
	 	 
	 	
              ADDRESS
                FOR NOTICE

            
	 	 
	 	
              c/o:
                Pinnacle China Fund L.P.

            
	 	 
	 	
              Street:
                4965
                Proston Park Blvd, Suite 240, 

            
	 	 
	 	
              City/State/Zip:
                Plano, TX 75093

            
	 	 
	 	
              Attention:
                Barry
                M. Kitt

            
	 	 
	 	
              Tel:
                972-985-2121

            
	 	 
	 	Fax: 972-985-2122
	 	 
	 	
              NAME
                OF INVESTING ENTITY

            
	 	 
	 	Pinnacle Fund, L.P.
	 
 	 
 	 
 
	
            	By:  	/s/ Leigh
              S. Curry 
	 	
              

              Name: Leigh
                S. Curry

            
	 	
              Title: Managing
                director

            

    

     

    
      	 	 	 
	 	Investment Amount: $
              200,000.00
	 	 
	 	Tax ID No.:
              20-8026466
	 	 
	 	ADDRESS FOR
              NOTICE
	 	 
	 	
              c/o:
                Pinnacle
                China Fund L.P.

            
	 	 
	 	Street: 4965
              Proston Park Blvd, Suite 240, 
	 	 
	 	
              City/State/Zip:
                Plano, TX 75093

            
	 	 
	 	Attention: Barry
              M. Kitt
	 	 
	 	Tel: 972-985-2121
	 	 
	 	
              Fax:
                972-985-2122

            

    

     

    
      
        
        

      

      
        30

        
          

        

      

      
        
        

      

    

     

    
      	 	 	 
	 	NAME OF INVESTING
              ENTITY
	 	 
	 	Straus Partners, LP
	 
 	 
 	 
 
	
            	By:  	/s/ Andrew
              Marks 
	 	
              

              Name: Andrew
                Marks

            
	 	
              Title: CFO

            

    

     

    
      	 	 	 
	 	Investment Amount: $
              67,500.00
	 	 
	 	
              Tax
                ID No.:
                13-3976076

            
	 	 
	 	ADDRESS FOR
              NOTICE
	 	 
	 	
              c/o:
                Straus Asset Management

            

    

      

    
      	 	 	 
	 	Street: 320
              Park Avenue, 10th Floor
	 	 
	 	City/State/Zip:
              New York, NY 10022
	 	 
	 	Attention: Andrew
              Marks
	 	 
	 	Tel: 212-415-7274
	 	 
	 	
              Fax:
                212-415-7256

            
	 	 
	 	
              NAME
                OF INVESTING ENTITY

            
	 	 
	 	Straus-GEPT Partners,
              LP

    

     

    
      	 	 	 
	
            	By:  	/s/ Andrew
              Marks 
	 	
              
Name: Andrew
              Marks
	 	
              Title: CFO

            
	 	 
	 	Investment Amount: $
              45,000.00
	 	 
	 	Tax ID No.:
              13-4054804
	 	 
	 	ADDRESS FOR NOTICE
	 	 
	 	c/o:
              Straus Asset Management

    

     

    
      
        
        

      

      
        31

        
          

        

      

      
        
        

      

    

     

    
      	 	 	 
	 	Street: 320
              Park Avenue, 10th Floor
	 	 
	 	City/State/Zip:
              New York, NY 10022
	 	 
	 	Attention: Andrew
              Marks
	 	 
	 	Tel: 212-415-7274
	 	 
	 	Fax:
              212-415-7256

    

     

    
      
        
        

      

      
        32

        
          

        

      

      
        
        

      

    

    Annex
      A

     

    Plan
      of
      Distribution

     

    The
      Selling Stockholders and any of their pledgees, donees, transferees, assignees
      and successors-in-interest may, from time to time, sell any or all of their
      shares of Common Stock on any stock exchange, market or trading facility on
      which the shares are traded or quoted or in private transactions. These sales
      may be at fixed or negotiated prices. The Selling Stockholders may use any
      one
      or more of the following methods when selling shares:

     

    
      	·  	
              ordinary
                brokerage transactions and transactions in which the broker-dealer
                solicits Investors;

            

    

     

    
      	·  	
              block
                trades in which the broker-dealer will attempt to sell the shares
                as agent
                but may position and resell a portion of the block as principal to
                facilitate the transaction;

            

    

     

    
      	·  	
              purchases
                by a broker-dealer as principal and resale by the broker-dealer for
                its
                account;

            

    

     

    
      	·  	
              an
                exchange distribution in accordance with the rules of the applicable
                exchange;

            

    

     

    
      	·  	
              privately
                negotiated transactions;

            

    

     

    
      	·  	
              to
                cover short sales made after the date that this Registration Statement
                is
                declared effective by the Commission;

            

    

     

    
      	·  	
              broker-dealers
                may agree with the Selling Stockholders to sell a specified number
                of such
                shares at a stipulated price per
                share;

            

    

     

    
      	·  	
              a
                combination of any such methods of sale;
                and

            

    

     

    
      	·  	
              any
                other method permitted pursuant to applicable
                law.

            

    

     

    The
      Selling Stockholders may also sell shares under Rule 144 under the Securities
      Act, if available, rather than under this prospectus.

     

    Broker-dealers
      engaged by the Selling Stockholders may arrange for other brokers-dealers to
      participate in sales. Broker-dealers may receive commissions or discounts from
      the Selling Stockholders (or, if any broker-dealer acts as agent for the
      purchaser of shares, from the purchaser) in amounts to be negotiated. The
      Selling Stockholders do not expect these commissions and discounts to exceed
      what is customary in the types of transactions involved.

     

    The
      Selling Stockholders may from time to time pledge or grant a security interest
      in some or all of the Shares owned by them and, if they default in the
      performance of their secured obligations, the pledgees or secured parties may
      offer and sell shares of Common Stock from time to time under this prospectus,
      or under an amendment to this prospectus under Rule 424(b)(3) or other
      applicable provision of the Securities Act of 1933 amending the list of selling
      stockholders to include the pledgee, transferee or other successors in interest
      as selling stockholders under this prospectus.

     

    
      
        
        

      

      
        33

        
          

        

      

      
        
        

      

    

     

    Upon
      the
      Company being notified in writing by a Selling Stockholder that any material
      arrangement has been entered into with a broker-dealer for the sale of Common
      Stock through a block trade, special offering, exchange distribution or
      secondary distribution or a purchase by a broker or dealer, a supplement to
      this
      prospectus will be filed, if required, pursuant to Rule 424(b) under the
      Securities Act, disclosing (i) the name of each such Selling Stockholder and
      of
      the participating broker-dealer(s), (ii) the number of shares involved, (iii)
      the price at which such the shares of Common Stock were sold, (iv)the
      commissions paid or discounts or concessions allowed to such broker-dealer(s),
      where applicable, (v) that such broker-dealer(s) did not conduct any
      investigation to verify the information set out or incorporated by reference
      in
      this prospectus, and (vi) other facts material to the transaction. In addition,
      upon the Company being notified in writing by a Selling Stockholder that a
      donee
      or pledgee intends to sell more than 500 shares of Common Stock, a supplement
      to
      this prospectus will be filed if then required in accordance with applicable
      securities law.

     

    The
      Selling Stockholders also may transfer the shares of Common Stock in other
      circumstances, in which case the transferees, pledgees or other successors
      in
      interest will be the selling beneficial owners for purposes of this
      prospectus.

     

    The
      Selling Stockholders and any broker-dealers or agents that are involved in
      selling the shares may be deemed to be "underwriters" within the meaning of
      the
      Securities Act in connection with such sales. In such event, any commissions
      received by such broker-dealers or agents and any profit on the resale of the
      shares purchased by them may be deemed to be underwriting commissions or
      discounts under the Securities Act. Discounts, concessions, commissions and
      similar selling expenses, if any, that can be attributed to the sale of
      Securities will be paid by the Selling Stockholder and/or the purchasers. Each
      Selling Stockholder has represented and warranted to the Company that it
      acquired the securities subject to this Registration Statement in the ordinary
      course of such Selling Stockholder’s business and, at the time of its purchase
      of such securities such Selling Stockholder had no agreements or understandings,
      directly or indirectly, with any person to distribute any such securities.
      

     

    The
      Company has advised each Selling Stockholder that it may not use shares
      registered on this Registration Statement to cover short sales of Common Stock
      made prior to the date on which this Registration Statement shall have been
      declared effective by the Commission. If a Selling Stockholder uses this
      prospectus for any sale of the Common Stock, it will be subject to the
      prospectus delivery requirements of the Securities Act. The Selling Stockholders
      will be responsible to comply with the applicable provisions of the Securities
      Act and Exchange Act, and the rules and regulations thereunder promulgated,
      including, without limitation, Regulation M, as applicable to such Selling
      Stockholders in connection with resales of their respective shares under this
      Registration Statement.

     

    The
      Company is required to pay all fees and expenses incident to the registration
      of
      the shares, but the Company will not receive any proceeds from the sale of
      the
      Common Stock. The Company has agreed to indemnify the Selling Stockholders
      against certain losses, claims, damages and liabilities, including liabilities
      under the Securities Act. 

     

    
      
        
        

      

      
        34

        
          

        

      

      
        
        

      

    

     

    Annex
      B

     

    FIRST
      GROWTH INVESTORS, INC.

     

    Selling
      Securityholder Notice and Questionnaire

     

    The
      undersigned beneficial owner of common stock (the “Common
      Stock”),
      of
      First Growth Investors, Inc., a Nevada corporation (the “Company”),
      understands that the Company has filed or intends to file with the Securities
      and Exchange Commission (the “Commission”)
      a
      Registration Statement for the registration and resale of the Registrable
      Securities, in accordance with the terms of the Registration Rights Agreement,
      dated as of February
      __, 2008
      (the “Registration
      Rights Agreement”),
      among
      the Company and the Investors named therein. A copy of the Registration Rights
      Agreement is available from the Company upon request at the address set forth
      below. All capitalized terms used and not otherwise defined herein shall have
      the meanings ascribed thereto in the Registration Rights Agreement.

     

    The
      undersigned hereby provides the following information to the Company and
      represents and warrants that such information is accurate:

     

    QUESTIONNAIRE

     

    
      	1.	
              Name.

            

    

     

    
      	 	
              (a)

            	
              Full
                Legal Name of Selling
                Securityholder

            

_____________________________________________________________________________________

    

    
      	 	
              (b)

            	
              Full
                Legal Name of Registered Holder (if not the same as (a) above) through
                which Registrable Securities Listed in Item 3 below are
                held:

            

____________________________________________________________________________________

    

    
      	 	
              (c)

            	
              Full
                Legal Name of Natural Control Person (which means a natural person
                who
                directly or indirectly alone or with others has power to vote or
                dispose
                of the securities covered by the
                questionnaire):

            

    

    _____________________________________________________________________________________

     

    
      	2.	
              Address
                for Notices to Selling
                Securityholder:

            

    

     

    
      	 
	 
	 

    

     

    
      
        
        

      

      
        35

        
          

        

      

      
        
        

      

    

     

     

    
      	 
	
              Telephone:
                _____________________________________________________________________________________

            
	
              Fax:
                ___________________________________________________________________________________________

            
	
              Contact
                Person:
                ___________________________________________________________________________________

            

    

    

    
      	3.	
              Beneficial
                Ownership of Registrable
                Securities:

            

    

     

    
      	 	 	
              Type
                and Principal Amount of Registrable Securities beneficially
                owned:

            

    

     

    _____________________________________________________________________________________

    _____________________________________________________________________________________

    _____________________________________________________________________________________

     

    
      	4.	
              Broker-Dealer
                Status:

            

    

     

    
      	 	
              (a)

            	
              Are
                you a broker-dealer?

            

    

     

    Yes
       ̈
      No
       ̈ 

     

    
      	 	
              Note:

            	
              If
                yes, the Commission’s staff has indicated that you should be identified as
                an underwriter in the Registration
                Statement.

            

    

     

    
      	 	
              (b)

            	
              Are
                you an affiliate of a
                broker-dealer?

            

    

     

    Yes
       ̈
      No
       ̈ 

     

    
      	 	
              (c)

            	
              If
                you are an affiliate of a broker-dealer, do you certify that you
                bought
                the Registrable Securities in the ordinary course of business, and
                at the
                time of the purchase of the Registrable Securities to be resold,
                you had
                no agreements or understandings, directly or indirectly, with any
                person
                to distribute the Registrable
                Securities?

            

    

     

    Yes
       ̈
      No
       ̈ 

     

    
      	 	
              Note:

            	
              If
                no, the Commission’s staff has indicated that you should be identified as
                an underwriter in the Registration
                Statement.

            

    

     

    
      	5.	
              Beneficial
                Ownership of Other Securities of the Company Owned by the Selling
                Securityholder.

            

    

     

    Except
      as set forth below in this Item 5, the undersigned is not the beneficial or
      registered owner of any securities of the Company other than the Registrable
      Securities listed above in Item 3.

     

    
      	 	 	
              Type
                and Amount of Other Securities beneficially owned by the Selling
                Securityholder:

            

    

    _____________________________________________________________________________________

     

     

    
      
        
        

      

      
        36

        
          

        

      

      
        
        

      

    

     

    
      	6.	
              Relationships
                with the Company:

            

    

     

    Except
      as set forth below, neither the undersigned nor any of its affiliates, officers,
      directors or principal equity holders (owners of 5% of more of the equity
      securities of the undersigned) has held any position or office or has had any
      other material relationship with the Company (or its predecessors or affiliates)
      during the past three years.

     

    State
      any
      exceptions here:

    
           _________________________________________________________________________________________

           _________________________________________________________________________________________ 

    

     

     

    
      	7.	
              The
                Company has advised each Selling Stockholder that it may not use
                shares
                registered on the Registration Statement to cover short sales of
                Common
                Stock made prior to the date on which the Registration Statement
                is
                declared effective by the Commission, in accordance with 1997 Securities
                and Exchange Commission Manual of Publicly Available Telephone
                Interpretations Section A.65. If a Selling Stockholder uses the prospectus
                for any sale of the Common Stock, it will be subject to the prospectus
                delivery requirements of the Securities Act. The Selling Stockholders
                will
                be responsible to comply with the applicable provisions of the Securities
                Act and Exchange Act, and the rules and regulations thereunder
                promulgated, including, without limitation, Regulation M, as applicable
                to
                such Selling Stockholders in connection with resales of their respective
                shares under the Registration
                Statement.

            

    

     

    The
      undersigned agrees to promptly notify the Company of any inaccuracies or changes
      in the information provided herein that may occur subsequent to the date hereof
      and prior to the Effective Date for the Registration Statement.

     

    Certain
      legal consequences arise from being named as a Selling Securityholder in the
      Registration Statement and related prospectus. Accordingly, the undersigned
      is
      advised to consult their own securities law counsel regarding the consequence
      of
      being named or not being named as a Selling Securityholder in the Registration
      Statement and the related prospectus.

     

    By
      signing below, the undersigned consents to the disclosure of the information
      contained herein in its answers to Items 1 through 6 and the inclusion of such
      information in the Registration Statement and the related prospectus. The
      undersigned understands that such information will be relied upon by the Company
      in connection with the preparation or amendment of the Registration Statement
      and the related prospectus. The undersigned hereby elects to include the
      Registrable Securities owned by it and listed above in Item 3 (unless otherwise
      specified in Item 3) in the Registration Statement.

     

    
      
        
        

      

      
        37

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF the undersigned, by authority duly given, has caused this Notice
      and Questionnaire to be executed and delivered either in person or by its duly
      authorized agent.

     

    
      	 	 	 
	Dated:
              ___________________	Beneficial Owner:
              _________________________________
	 
 	 
 	 
 
	
            	By:  	 
	 	
              

              Name:

            
	 	Title: 

    

    

    PLEASE
      FAX A COPY OF THE COMPLETED AND EXECUTED NOTICE AND QUESTIONNAIRE, AND RETURN
      THE ORIGINAL BY OVERNIGHT MAIL, TO:

    

    Heller
      Ehrman LLP

    35th
      Floor

    One
      Exchange Square

    8
      Connaught Place

    Central

    Hong
      Kong

    Facsimile:
      852 2292 2200

    Attn:
      Simon Luk

     

    
      
        
        

      

      
        38Unassociated Document

     

    MAKE
      GOOD ESCROW AGREEMENT 

     

    This
      Make
      Good Escrow Agreement (the "Make Good Agreement"), dated effective as of March
      12, 2008, is entered into by and among First
      Growth Investors, Inc., a Nevada corporation
      (the
      "Company"), the Investors (as defined below), Mr. Kunio Yamamoto, in his
      individual capacity ("Make Good Pledgor"), Roth Capital Partners, LLC ("Roth")
      and Tri-State Title & Escrow, LLC, as escrow agent ("Escrow Agent").

     

    WHEREAS,
      each of the investors in the private offering of securities of the Company
      (the
      "Investors") has entered into a Securities Purchase Agreement, dated March
      12,
      2008 (the "SPA"), evidencing their participation in the Company's private
      offering (the "Offering")
      of
      securities. As an inducement to the Investors to participate in the Offering
      and
      as set forth in the SPA, Make Good Pledgor agreed to place certain shares of
      the
      Company’s common stock, par value $0.001 per share (the “Common Stock”) into
      escrow for the benefit of the Investors in the event the Company fails to
      satisfy certain financial thresholds.

     

    WHEREAS,
      pursuant to the requirements of the SPA, the Company and Make Good Pledgor
      have
      agreed to establish an escrow on the terms and conditions set forth in this
      Make
      Good Agreement; 

     

    WHEREAS,
      the Escrow Agent has agreed to act as escrow agent pursuant to the terms and
      conditions of this Make Good Agreement; and 

     

    WHEREAS,
      all capitalized terms used but not defined herein shall have the meanings
      assigned them in the SPA; 

     

    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.
      Make
      Good Pledgor and the Company hereby appoint Escrow Agent to act in accordance
      with the terms and conditions set forth in this Make Good Agreement, and Escrow
      Agent hereby accepts such appointment and agrees to act in accordance with
      such
      terms and conditions.

     

    2.
      Establishment of Escrow.
      Within
      three Trading Days following the Closing, Make Good Pledgor shall deliver,
      or
      cause to be delivered, to the Escrow Agent certificates evidencing an aggregate
      of 49,411,763 shares
      of
      the Company’s Common Stock (the "Escrow Shares"), along with stock powers
      executed in blank (or such other signed instrument of transfer acceptable to
      the
      Company’s Transfer Agent). As used in this Make Good Agreement, “Transfer Agent”
means Interwest Transfer Company, Inc., or such other entity hereafter retained
      by the Company as its stock transfer agent as specified in a writing from the
      Company to the Escrow Agent. The Make Good Pledgor understands and agrees that
      the Investors’ right to receive 2008 Make Good Shares (as defined below) and
      2009 Make Good Shares (as defined below) pursuant to Section 4.11 of the SPA
      and
      this Make Good Agreement shall continue to run to the benefit of each Investor
      even if such Investor shall have transferred or sold all or any portion of
      its
      Shares, and that each Investor shall have the right to assign its rights to
      receive all or any such shares of Common Stock to other Persons in conjunction
      with negotiated sales or transfers of any of its Shares. The Make Good Pledgor
      hereby irrevocably agrees that other than in accordance with Section 4.11 of
      the
      SPA and this Make Good Agreement, the Make Good Pledgor will not offer, pledge,
      sell, contract to sell, sell any option or contract to purchase, purchase any
      option or contract to sell, grant any option, right or warrant to purchase
      or
      otherwise transfer or dispose of, directly or indirectly, or announce the
      offering of any of the Escrow Shares (including any securities convertible
      into,
      or exchangeable for, or representing the rights to receive Escrow Shares) or
      engage in any Short Sales with respect to any security of the Company. In
      furtherance thereof, the Company will (x) place a stop order on all Escrow
      Shares which shall expire on the date the Escrow Shares are delivered to the
      Investors or returned to the Make Good Pledgor, (y) notify the Transfer Agent
      in
      writing of the stop order and the restrictions on such Escrow Shares under
      this
      Make Good Agreement and direct the Transfer Agent not to process any attempts
      by
      the Make Good Pledgor to resell or transfer any Escrow Shares before the date
      the Escrow Shares delivered to the Investors are delivered to the Investors
      or
      returned to the Make Good Pledgor, or otherwise in violation of Section 4.11
      of
      the SPA and this Make Good Agreement. The Company shall notify the Investors
      as
      soon as the 2008 Make Good Shares and 2009 Make Good Shares have been deposited
      with the Escrow Agent. For purposes hereof, “Short
      Sales”
      include,
      without limitation, all “short sales” as defined in Rule 200 promulgated under
      Regulation SHO under the Exchange Act and all types of direct and indirect
      stock
      pledges, forward sale contracts, options, puts, calls, swaps and similar
      arrangements (including on a total return basis), and sales and other
      transactions through non-US broker dealers or foreign regulated
      brokers.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    3. Representations
      of Make Good Pledgor and the Company.
      Make
      Good Pledgor and the Company hereby represent and warrant, severally and not
      jointly, as to itself only, to the Investors as follows: 

     

    (i)
      All
      of the Escrow Shares are validly issued, fully paid and nonassessable shares
      of
      the Company, and free and clear of all pledges, liens and encumbrances. Upon
      any
      transfer of Escrow Shares to Investors hereunder, Investors will receive full
      right, title and authority to such shares as holders of Common Stock of the
      Company.

     

    (ii) Performance
      of this Make Good 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 Make Good Pledgor pursuant
      to the terms of any indenture, mortgage, deed of trust or other agreement or
      instrument binding upon Make Good Pledgor, other than such breaches, defaults
      or
      liens which would not have a material adverse effect taken as a
      whole.

     

    (iii)
      The
      Make Good Pledgor has carefully considered and understands its obligations
      and
      rights under Section 4.11 of the SPA and this Make Good Agreement, and in
      furtherance thereof (x) has consulted with its legal and other advisors with
      respect thereto and (y) hereby forever waives and agrees that it may not assert
      any equitable defenses in any Proceeding involving the Escrow
      Shares.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    4.
      Disbursement of Escrow Shares. 

     

    a. The
      Make
      Good Pledgor agrees
      that in
      the
      event that the After Tax Net Income (as defined below) reported in the Annual
      Report of the Company for the fiscal year ending December 31, 2008, as filed
      with the Commission on Form 10-K (or such other form appropriate for such
      purpose as promulgated by the Commission) (the “2008 Annual Report”), is less
      than $9,000,000 (the “2008 Guaranteed ATNI”), the
      Escrow Agent (on behalf of the Make Good Pledgor) will
      transfer all of the 2008 Make Good Shares to the Investors on a pro rata
      basis
      (determined by dividing each Investor’s Investment Amount by the aggregate of
      all Investment Amounts delivered to the Company by the Investors under the
      SPA)
      for no consideration other than payment of their respective Investment Amount
      paid to the Company at Closing.
      The
“2008 Make Good Shares” means 24,705,889 shares of Common Stock (as
      equitably adjusted for any stock splits, stock combinations, stock dividends
      or
      similar transactions)
      required
      to be deposited with the Escrow Agent pursuant to the terms of this Make Good
      Agreement. In
      the
      event that either (i) the Earnings Per Share (as defined below) reported in
      the
      2009 Annual Report is less than $0.740 on a fully diluted basis (as equitably
      adjusted for any stock splits, stock combinations, stock dividends or similar
      transactions) (the “2009 Guaranteed EPS”) or (ii) the After Tax Net Income
      reported in the 2009 Annual Report is less than 95% of $13,000,000 (the
“2009
      Guaranteed ATNI”),
      the
      Escrow Agent (on behalf of the Make Good Pledgor) will transfer all of the
      2009
      Make Good Shares to the Investors on a pro rata basis (determined by dividing
      each Investor’s Investment Amount by the aggregate of all Investment Amounts
      delivered to the Company by the Investors under the SPA) for no consideration
      other than payment of their respective Investment Amount paid to the Company
      at
      Closing. The “2009 Make Good Shares” means the 24,705,874 shares of Common Stock
      (as equitably adjusted for any stock splits, stock combinations, stock dividends
      or similar transactions) required to be deposited with the Escrow Agent pursuant
      to the terms of this Make Good Agreement. Notwithstanding
      the foregoing or anything else to the contrary herein, for purposes of
      determining whether or not the 2008 Guaranteed ATNI, 2009 Guaranteed EPS and
      2009 Guaranteed ATNI have been met, the following items shall not be deemed
      to
      be an expense, charge, or any other deduction from revenues even though GAAP
      may
      require contrary treatment or the Annual Report for the respective fiscal years
      filed with the Commission by the Company may report otherwise:

     

    (a) the
      release of any of the 2008 Make Good Shares and/or 2009 Make Good Shares to
      the
      Make Good Pledgor as a result of the operation of this Section 4 (for
      additional clarity, the Company may disregard any compensation charge or expense
      required to be recognized by the Company under GAAP resulting from the release
      of the 2008 Make Good Shares or 2009 Make Good Shares (as relevant) to Make
      Good
      Pledgor if and to the extent such charge or expense is specified in the
      Company's audited financial statements for the relevant year, as filed with
      the
      Commission);
      and

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    (b) any
      penalty or liquidated damage the Company has accrued or may accrue in the future
      (A) for failing to comply with the terms of Section 4.14(d) of the SPA or (B)
      pursuant to Section 2(f) of the Registration Rights Agreement.

     

    No
      other
      exclusions shall be made for any non-recurring expenses of the Company in
      determining whether any of the 2008 Guaranteed ATNI, 2009 Guaranteed EPS, or
      2009 Guaranteed ATNI have been achieved. For
      purposes of determining whether any of the 2008 Guaranteed ATNI, 2009
      Guaranteed EPS,
      or 2009
      Guaranteed ATNI have been achieved, the Company may not include any
      non-operating income including, but not limited to, government grants, research
      grants, proceeds from asset sales, etc. in the calculation of the 2008
      Guaranteed ATNI, 2009
      Guaranteed EPS,
      or 2009
      Guaranteed ATNI, as applicable. If
      prior
      to the second anniversary of the filing of either of the 2008 Annual Report
      or
      the 2009 Annual Report (as relevant), the Company or their auditors report
      or
      recognize that the financial statements contained in such report are subject
      to
      amendment or restatement such that the Company would recognize or report
      adjusted After Tax Net Income of less than either of the 2008 Guarantee ATNI
      or
      the 2009 Guaranteed ATNI (as relevant) or Earnings Per Share of less than the
      2009 Guaranteed EPS, then notwithstanding any prior return of
      2008
      Make Good Shares or 2009 Make Good Shares
      to the
      Make Good Pledgor, the Make Good Pledgor will, within 10 Business Days following
      the earlier of the filing of such amendment or restatement or recognition,
      deliver the relevant 2008 Make Good Shares or 2009 Make Good Shares to the
      Investors.
      In
      the
      event that the After Tax Net Income reported in the 2008 Annual Report, is
      equal
      to or greater than the 2008 Guaranteed ATNI,
      no
      transfer of the 2008 Make Good Shares shall be required by the Make
      Good
      Pledgor
      to the
      Investors under this Section and such 2008 Make Good Shares shall be returned
      to
      the Make
      Good
      Pledgor
      in
      accordance with this Make Good Agreement. In
      the
      event that the After Tax Net Income reported in the 2009 Annual Report is equal
      to or greater than the 2009 Guaranteed ATNI and the Earnings Per Share reported
      in the 2009 Annual Report is equal to or greater than the 2009
      Guaranteed EPS,
      no
      transfer of the 2009 Make Good Shares shall be required by the Make
      Good
      Pledgor
      to the
      Investors under this Section and such 2009 Make Good Shares shall be returned
      to
      the Make
      Good
      Pledgor
      in
      accordance with the Make Good Agreement. Any
      such
      transfer or return of the 2008 Make Good Shares or the 2009 Make Good Shares
      under this Section shall be made to the Investors or the Make Good Pledgor,
      as
      applicable, within 10
      Business
      Days after
      the date
which
      the
      2008
      Annual Report or 2009 Annual Report, as applicable, is
      filed
      with the Commission and otherwise in accordance with this Make Good Agreement.
      In
      the
      event that the After Tax Net Income reported in the 2008 Annual Report is less
      than the 2008 Guaranteed ATNI, the Company has agreed that Roth will provide
      prompt written instruction to the Escrow Agent with regard to the distribution
      of the 2008 Make Good Shares in an amount to each Investor as set forth on
      Exhibit
      A
      attached
      hereto (as determined as set forth above). In
      the
      event that the After Tax Net Income reported in the 2009 Annual Report is less
      than the 2009 Guaranteed ATNI or the Earnings Per Share reported in the 2009
      Annual Report is less than the 2009
      Guaranteed EPS,
      the
      Company has agreed that Roth will provide prompt written instruction to the
      Escrow Agent with regard to the distribution of the 2009 Make Good Shares in
      an
      amount to each Investor as set forth on Exhibit
      A
      attached
      hereto (as determined as set forth above). The Escrow Agent need only rely
      on
      the letter of instruction from Roth in this regard and notwithstanding anything
      to the contrary contained herein will disregard any contrary instructions.
      In
      the
      event that the After Tax Net Income reported in the 2008 Annual Report is equal
      to or greater than the 2008 Guaranteed ATNI, Roth shall provide prompt written
      instructions to the Escrow Agent for the release of the 2008 Make Good Shares
      to
      the Make Good Pledgor. In
      the
      event that the After Tax Net Income reported in the 2009 Annual Report is equal
      to or greater than the 2009 Guaranteed ATNI and the Earnings Per Share reported
      in the 2009 Annual Report is equal to or greater than the 2009
      Guaranteed EPS,
      Roth
      shall provide prompt written instructions to the Escrow Agent for the release
      of
      the 2009 Make Good Shares to the Make Good Pledgor. For purposes hereof,
“After
      Tax Net Income” shall mean the Company’s operating income after taxes for the
      fiscal year ending December 31, 2008 or December 31, 2009 (as relevant) in
      each
      case determined in accordance with GAAP as reported in the 2008 Annual Report
      or
      2009 Annual Report (as relevant). For purposes hereof, “Earnings
      Per Share” shall mean the Company’s After Tax Net Income (for the relevant
      fiscal year) divided by the weighted average number of shares of Common Stock
      of
      the Company outstanding during
      the calculation period, calculated on a fully diluted basis.

     

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

     

    b. Pursuant
      to Section 4(a), if Roth delivers a notice to the Escrow Agent that the Escrow
      Shares are to be transferred to the Investors, then the Escrow Agent shall
      immediately forward either the 2008 Make Good Shares or 2009 Make Good Shares,
      as the case may be, to the Company’s Transfer Agent for reissuance to the
      Investors in an amount to each Investor as set forth on Exhibit
      A
      attached
      hereto and otherwise in accordance with this Make Good Agreement. The Company
      covenants and agrees that upon any transfer of 2008 Make Good Shares or 2009
      Make Good Shares to the Investors in accordance with this Make Good Agreement,
      the Company shall promptly instruct its Transfer Agent to reissue such 2008
      Make
      Good Shares or 2009 Make Good Shares in the applicable Investor’s name and
      deliver the same, or cause the same to be delivered as directed by such Investor
      in an amount to each Investor as set forth on Exhibit
      A
      attached
      hereto. If the Company does not promptly provide such instructions to the
      Transfer Agent of the Company, then Roth is hereby authorized to give such
      re-issuance instruction to the Transfer Agent of the Company. If a notice from
      Roth pursuant to Section 4(a) indicates that the Escrow Shares are to be
      returned to the Make Good Pledgor, then the Escrow Agent will promptly deliver
      either the 2008 Make Good Shares or 2009 Make Good Shares, as the case may
      be,
      to the Make Good Pledgor.

     

    c. The
      Company and Make Good Pledgor covenant and agree to provide the Escrow Agent
      with certified tax identification numbers by furnishing appropriate forms W-9
      or
      W-8 and such other forms and documents that the Escrow Agent may request,
      including appropriate W-9 or W-8 forms for each Investor. The Company, Make
      Good
      Pledgor and the Investors understand that if such tax reporting documentation
      is
      not provided and certified to the Escrow Agent, the Escrow Agent may be required
      by the Internal Revenue Code of 1986, as amended, and the Regulations
      promulgated thereunder, to withhold a portion of any interest or other income
      earned on the investment of the Escrow Property. 

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    5.
      Duration.
      This
      Make Good Agreement shall terminate upon the distribution of all the Escrow
      Shares in accordance with the terms of this Make Good Agreement. The Company
      agrees to promptly provide the Escrow Agent written notice of the filing with
      the Commission of any financial statements or reports referenced
      herein.

     

    6.
      Escrow Shares.
      If any
      Escrow Shares are deliverable to the Investors pursuant to the SPA and in
      accordance with this Make Good Agreement, (i) Make Good Pledgor covenants and
      agrees to execute all such instruments of transfer (including stock powers
      and
      assignment documents) as are customarily executed to evidence and consummate
      the
      transfer of the Escrow Shares from Make Good Pledgor to the Investors, to the
      extent not done so in accordance with Section 2, and (ii) following its receipt
      of the documents referenced in Section 6(i), the Company and Escrow Agent
      covenant and agree to cooperate with the Transfer Agent so that the Transfer
      Agent promptly reissues such Escrow Shares in the applicable Investor’s name and
      delivers the same as directed by such Investor. Until such time as (if at all)
      the Escrow Shares are required to be delivered pursuant to the SPA and in
      accordance with this Make Good Agreement, (i) any dividends payable in respect
      of the Escrow Shares and all voting rights applicable to the Escrow Shares
      shall
      be retained by Make Good Pledgor and (ii) should the Escrow Agent receive
      dividends or voting materials, such items shall not be held by the Escrow Agent,
      but shall be passed immediately on to the Make Good Pledgor and shall not be
      invested or held for any time longer than is needed to effectively re-route
      such
      items to the Make Good Pledgor. In the event that the Escrow Agent receives
      a communication requiring the conversion of the Escrow Shares to cash
      or the exchange of the Escrow Shares for that of an acquiring company, the
      Escrow Agent shall solicit and follow the written instructions of the Make
      Good Pledgor; provided,
      that
      the cash or exchanged shares are instructed to be redeposited into the Escrow
      Account. Make Good Pledgor shall be responsible for all taxes resulting from
      any
      such conversion or exchange.

     

    7.
      Interpleader. 
      Should
      any controversy arise among the parties hereto with respect to this Make Good
      Agreement or with respect to the right to receive the Escrow Shares, Escrow
      Agent and/or Roth shall have the right to consult and hire counsel and/or to
      institute an appropriate interpleader action to determine the rights of the
      parties. Escrow Agent and/or Roth are also each hereby authorized to institute
      an appropriate interpleader action upon receipt of a written letter of direction
      executed by the parties so directing either Escrow Agent or Roth. If Escrow
      Agent or Roth 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 7 shall be filed
      in any court of competent jurisdiction in the State of New York, and the Escrow
      Shares in dispute shall be deposited with the court and in such event Escrow
      Agent and Roth shall be relieved of and discharged from any and all obligations
      and liabilities under and pursuant to this Make Good Agreement with respect
      to
      the Escrow Shares and any other obligations hereunder.

     

    8. Exculpation
      and Indemnification of Escrow Agent and Roth.

     

    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
      Make
      Good 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 Make Good Agreement and
      instructions to Escrow Agent pursuant to the terms of this Make Good 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. Roth’s sole obligation under this Make Good Agreement is to
      provide written instructions to Escrow Agent (following such time as the Company
      files certain periodic financial reports as specified in Section 4 hereof)
      directing the distribution of the Escrow Shares. Roth will provide such written
      instructions upon review of the relevant After Tax Net Income and Earnings
      Per
      Share amounts reported in such periodic financial reports as specified in
      Section 4 hereof. Roth is not charged with any obligation to conduct any
      investigation into the financial reports or make any other investigation related
      thereto. In the event of any actual or alleged mistake or fraud of the Company,
      its auditors or any other person (other than Roth) in connection with such
      financial reports of the Company, Roth shall have no obligation or liability
      to
      any party hereunder.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    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, absent gross negligence or willful
      misconduct. Escrow Agent 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 Make Good 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
      New
      York upon fiduciaries. THE
      ESCROW AGENT SHALL NOT BE LIABLE, DIRECTLY OR INDIRECTLY, FOR ANY (I) DAMAGES,
      LOSSES OR EXPENSES ARISING OUT OF THE SERVICES PROVIDED HEREUNDER, OTHER THAN
      DAMAGES, LOSSES OR EXPENSES WHICH HAVE BEEN FINALLY ADJUDICATED TO HAVE DIRECTLY
      RESULTED FROM THE ESCROW AGENT’S GROSS NEGLIGENCE OR WILLFUL MISCONDUCT, OR (II)
      SPECIAL, INDIRECT OR CONSEQUENTIAL DAMAGES OR LOSSES OF ANY KIND WHATSOEVER
      (INCLUDING, WITHOUT LIMITATION, LOST PROFITS), EVEN IF THE ESCROW AGENT HAS
      BEEN
      ADVISED OF THE POSSIBILITY OF SUCH LOSSES OR DAMAGES AND REGARDLESS OF THE
      FORM
      OF ACTION.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    c. The
      Company and Make Good Pledgor each hereby, jointly and severally, indemnify
      and
      hold harmless each of Escrow Agent, Roth and any of their principals, partners,
      agents, employees and affiliates from
      and
      against any expenses, including reasonable attorneys' fees and disbursements,
      damages or losses suffered by Escrow Agent or Roth in connection with any claim
      or demand, which, in any way, directly or indirectly, arises out of or relates
      to this Make Good Agreement or the services of Escrow Agent or Roth hereunder;
      except, that if Escrow Agent or Roth is guilty of willful misconduct or gross
      negligence under this Make Good Agreement, then Escrow Agent or Roth, as the
      case may be, will bear all losses, damages and expenses arising as a result
      of
      its own willful misconduct or gross negligence. Promptly after the receipt
      by
      Escrow Agent or Roth 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
      or Roth, as the case may be, 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 8 shall survive the termination
      of
      this Make Good Agreement, and the resignation or removal of the Escrow
      Agent.

     

    9.
      Compensation of Escrow Agent.
      Escrow
      Agent shall be entitled to compensation for its services as stated in the fee
      schedule attached hereto as Exhibit
      B,
      which
      compensation shall be paid by the Company. The fee agreed upon for the services
      rendered hereunder is intended as full compensation for Escrow Agent's services
      as contemplated by this Make Good Agreement; provided,
      however,
      that in
      the event that Escrow Agent renders any material service not contemplated in
      this Make Good Agreement, or there is any assignment of interest in the subject
      matter of this Make Good Agreement, or any material modification hereof, or
      if
      any material controversy arises hereunder, or Escrow Agent is made a party
      to
      any litigation pertaining to this Make Good Agreement, or the subject matter
      hereof, then Escrow Agent shall be reasonably compensated by the Company for
      such extraordinary services and reimbursed for all costs and expenses, including
      reasonable attorney's fees, occasioned by any delay, controversy, litigation
      or
      event, and the same shall be recoverable from the Company. Prior
      to
      incurring any costs and/or expenses in connection with the foregoing sentence,
      Escrow Agent shall be required to provide written notice to the Company of
      such
      costs and/or expenses and the relevancy thereof and Escrow Agent shall not
      be
      permitted to incur any such costs and/or expenses which are not related to
      litigation prior to receiving written approval from the Company, which approval
      shall not be unreasonably withheld.

     

    10.
      Resignation of Escrow Agent.
      At any
      time, upon ten (10) Business Days' written notice to the Company and the
      Investors, 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-Business 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 shall deposit the Escrow Shares as directed by Roth with the understanding
      that such Escrow Shares will continue to be subject to the provisions of this
      Make Good Agreement.

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    11.
      Records.
      Escrow
      Agent shall maintain accurate records of all transactions hereunder. Promptly
      after the termination of this Make Good 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 and at the requesting party’s expense. 

     

    12.
      Notice.
      All
      notices, communications and instructions required or desired to be given under
      this Make Good 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 addresses listed on the signature pages hereto.

     

    13.
      Execution in Counterparts.
      This
      Make Good 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. 

     

    14.
      Assignment and Modification.
      This
      Make Good Agreement and the rights and obligations hereunder of the Company
      may
      be assigned by the Company only following the prior written consent of Roth.
      This Make Good Agreement and the rights and obligations hereunder of the Escrow
      Agent may be assigned by the Escrow Agent only with the prior consent of the
      Company and Roth. This Make Good Agreement and the rights and obligations
      hereunder of the Make Good Pledgor may not be assigned by the Make Good Pledgor.
      Subject to the requirements under federal and state securities laws, an Investor
      may assign its rights under this Make Good Agreement without any consent from
      any other party. This Make Good Agreement may not be changed orally or modified,
      amended or supplemented without an express written agreement executed by the
      Escrow Agent, the Company, the Make Good Pledgor and Roth. This Make Good
      Agreement is binding upon and intended to be for the sole benefit of the parties
      hereto and their respective successors, heirs and permitted assigns, and none
      of
      the provisions of this Make Good Agreement are intended to be, nor shall they
      be
      construed to be, for the benefit of any third person. 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 Make Good Agreement.

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

    15.
      Applicable Law.
      This
      Make Good Agreement shall be governed by, and construed in accordance with,
      the
      internal laws of the State of New York. The representations and warranties
      contained in this Make Good Agreement shall survive the execution and delivery
      hereof and any investigations made by any party. Each party agrees that all
      legal proceedings concerning the interpretations, enforcement and defense of
      the
      transactions contemplated by this Make Good Agreement shall be commenced
      exclusively in the state and federal courts sitting in the City of New York,
      Borough of Manhattan (the “New York Courts”). Each party hereto hereby
      irrevocably submits to the exclusive jurisdiction of the New York Courts for
      the
      adjudication of any dispute hereunder or in connection herewith, and hereby
      irrevocably waives, and agrees not to assert in any such proceeding, any claim
      that it is not personally subject to the jurisdiction of any such New York
      Court, or that such proceeding has been commenced in an improper or inconvenient
      forum. Each party hereto hereby irrevocably waives personal service of process
      and consents to process being served in any such proceeding by mailing a copy
      thereof via registered or certified mail or overnight delivery (with evidence
      of
      delivery) to such party at the address in effect for notices to it under this
      Make Good Agreement and agrees that such service shall constitute good and
      sufficient service of process and notice thereof. Nothing contained herein
      shall
      be deemed to limit in any way any right to serve process in any manner permitted
      by law.

     

    16.
      Headings.
      The
      headings contained in this Make Good Agreement are for convenience of reference
      only and shall not affect the construction of this Make Good Agreement.

     

    17.
      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 Make Good 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.

     

    18.
      Merger or Consolidation.
      Any
      corporation or association into which the Escrow Agent may be converted or
      merged, or with which it may be consolidated, or to which it may sell or
      transfer all or substantially all of its corporate trust business and assets
      as
      a whole or substantially as a whole, or any corporation or association resulting
      from any such conversion, sale, merger, consolidation or transfer to which
      the
      Escrow Agent is a party, shall be and become the successor escrow agent under
      this Make Good Agreement and shall have and succeed to the rights, powers,
      duties, immunities and privileges as its predecessor, without the execution
      or
      filing of any instrument or paper or the performance of any further act.

     

    [REMAINDER
      OF PAGE INTENTIONALLY LEFT BLANK]

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

     

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

     

    
      	 	COMPANY:
	 	 	 
	 	FIRST GROWTH INVESTORS,
              INC.
	 
 	 
 	 
 
	
            	By:  	/s/ Gao Zhentao
	 	
              
                

              

              Name: Gao Zhentao

              Title: Director

            

    

    
      
        	 	 	 
	 
 	
                Address:

                301
                  Hailong Street

                  Hanting
                    District, Weifang, Shandong

                  Province,
                    People's Republic of China 261101 
                    Facsimile:
                      86-536-7363788

                    Attn.:
                      President

                    Email:
                      zhangjinhua1688@126.com

                  

                

              

      

    

    
      	 	 	 
	 	MAKE GOOD PLEDGOR:
              
	 
 	 
 	 
 
	
            	By:  	/s/ Kunio Yamamoto
	 	
              
Mr.
              Kunio Yamamoto

    

    
      
        	 	 	 
	 
 	
                Address:

                301
                  Hailong Street

                Hanting District, Weifang, Shandong 

                Province, People's Republic of China

                c/o:
                  First Growth Investors, Inc.

                Telephone: 86 536 736
                  3688

              

      

    

     

    [REMAINDER
      OF THIS PAGE INTENTIONALLY LEFT BLANK -

    SIGNATURE
      PAGE FOR OTHER PARTIES FOLLOWS]

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

       

    

    
      
        	 	ESCROW AGENT:
	 	 	 
	 	Tri-State Title & Escrow, LLC,
                as
                Escrow Agent
	 
 	 
 	 
 
	
              	By:  	/s/ Guy
                W. Turner
	 	
                
                  

                

                Name: Guy W. Turner

                Title: President

              

      

      
        
          	 	 	 
	 
 	
                  
                    Address:
                       

                    360
                      Main Street

                    P.O.
                      Box 391 

                    Washington,
                      VA 22747

                    Attention:
                      Johnnie L. Zarecor

                    Telephone:
                      (540) 675-2155 Fax: (540) 675-3155

                    Email
                      escrow@tristatetitle.net

                  

                

        

      

      
        	 	 	 
	 	ROTH CAPITAL PARTNERS,
                LLC
	 
 	 
 	 
 
	
              	By:  	Aaron M. Gurewitz
	 	
                
                  

                

                Name: Aaron M. Gurewitz

                Title: Managing Director, Equity Capital Markets

              

      

      
        
          	 	 	 
	 
 	
                  
                    Address:
                       

                    24
                      Corporate Plaza

                    Newport
                      Beach, CA 92660

                    Facsimile:
                      (949) 720-7223

                    Attn.:
                      Aaron M. Gurewitz

                  

                

        

      

      
        
          
            	 	 	 
	 	INVESTORS:
	 
 	 
 	 
 
	
                  	By:  	First Growth Investors, Inc. 
	 	
                    
                      

                    

                    Name:
                      Gao Zhentao

                    Title:
                      Director

                  

          

          
            
              	 	 	 
	 
 	
                      
                        Address:
                          301 Hailong Street, Hanting 

                        District,
                          Weifang, Shandong Province, 

                        People's
                          Republic of China

                        
                          Facsimile:
                            86-536-7363788

                          Attn.:

                        

                      

                    

            

          

           

          
            
              
              

            

            
              12

              
                

              

            

            
              
              

            

          

          
             

          

        

      

    

    Exhibit
      A
      (attached as a MS Excel spreadsheet)

    

    ESCROW
      SHARES TO BE ISSUED TO INVESTORS

    

    
      	
              Investor’s
                Legal Name

            	 	
              Investor’s
                Investment Amount

            	 	
              Make
                Good (2008)

            	 	
              Make
                Good (2009)

            
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 
	 	 	 	 	 	 	 

    

    

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

    Exhibit
      B

    

    FEE
      SCHEDULE

     

    
      
        
        

      

      
        14

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