Acto Digital Video Usa Inc Sample Contracts

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Exhibit 10.2 PUBLIC DEFENSE MINISTRY GUN AND BULLET PROJECT CORPORATION CONTRACT Party A: Shenzhen ACTO Digital Video Tech. Co. Party B: Shenzhen Lingda Tech. Co. In order to process gun and bullet project smoothly, both parties agreed the following:...
Acto Digital Video Usa Inc • December 18th, 2002

In order to process gun and bullet project smoothly, both parties agreed the following: 1. Party A inputs R&D engineers and professionals. 2. Party A inputs curvilinear testing equipment and optic sensitive testing equipment. 3. Party A inputs RMB 2 millions (US$240,964) for R&D testing expenses for first round period. 4. Party B inputs R&D place, the floor will be anti-static floor and the whole office will be damp proof, Party B will also ensure constant temperature in the office and the related equipments will be Party B's responsibilities. 5. Party B will also input 3 professional engineers and their qualifications had been examined by Party A, Party B will also input digital camera patent and the innovation engineer. 6. Party B will pay for all the R&D expenses of this project including remunerations of engineers, their rentals, R&D experiments expenses, testing expenses, auditing fee and travel expenses. 7. Corporation period is from November 2001 to December 2002, the technical

JINGTIAN & GONGCHENG ATTORNEYS AT LAW
Gongcheng • December 18th, 2002 • Acto Digital Video Usa Inc
RMB FINANCING AGREEMENT
RMB Financing Agreement • May 13th, 2003 • Acto Digital Video Usa Inc • Household audio & video equipment
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