No other emoluments. Except as Disclosed, no Windrace Group Company is bound or accustomed to pay any moneys or other benefits other than in respect of remuneration, or emoluments of employment, or pension benefits, to, or for the benefit of, any officer or employee of any Windrace Group Company; in particular, there are no bonus, share option, incentive or other such schemes in operation or any schemes where any employee, officer or other person is entitled to any commission or remuneration of any sort calculated by reference to the turnover, profits or sales of any Windrace Group Company, or any agreements or arrangements relating to the aforesaid.
No other emoluments. For the year ended December 31, 2006, Windrace paid year-end bonuses totalling RMB7.3 million to 1,546 employees meeting performance targets in that year. For the year ended December 31, 2007, Windrace paid year-end bonuses totalling RMB5.9 million to 559 employees meeting performance targets in that year. For the year ended December 31, 2008, Windrace did not pay any year-end bonus to its employees. Schedule 4 Part B 13.3 and 13.6 Title to Owned Property/Closure or Enforcement Orders Pursuant to the State-owned Land Use Right Transfer Contract for the grant of land use rights for the production site covering an aggregate site area of approximately 15,277 square meters in Jinjiang, XDLong Fujian is required to commence construction by February 28, 2006. However, XDLong Fujian did not commence construction by such date. XDLong Fujian is applying to relevant local government agency to postpone construction on the land. However, it is possible that the local government may repossess the land before XDLong Fujian obtains an approval to postpone construction. Schedule 4 Part C 7 Share Capital
