0001144204-08-025137 Sample Contracts

Employment Contract of Key Officer
China Power Equipment, Inc. • April 30th, 2008 • Electrical industrial apparatus

This Contract is signed on a mutuality voluntary basis by and between Party A and Party B in accordance with the “Labour Law of People's Republic of China."

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Sublease Agreement
Sublease Agreement • April 30th, 2008 • China Power Equipment, Inc. • Electrical industrial apparatus

Party A and Party B agreed through friendly negotiation based on “The Contract Law of People’s Republic of China” regarding Party B will lease and operate Party A’s branch factory of transformer, and made this agreement as follows:

Management Entrustment Agreement
Management Entrustment Agreement • April 30th, 2008 • China Power Equipment, Inc. • Electrical industrial apparatus

This Agreement amends and restates that certain Management Entrustment Agreement made and entered into on November 8, 2006 in Xi’an City, China, by and between the following parties:

Exhibit A to Common Stock and Warrant Purchase Agreement FORM OF WARRANT
Warrant Purchase Agreement • April 30th, 2008 • China Power Equipment, Inc. • Electrical industrial apparatus • Maryland

NEITHER THIS WARRANT NOR ANY SHARES OF COMMON STOCK ISSUABLE UPON THE EXERCISE OF THIS WARRANT HAVE BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND THE RULES AND REGULATIONS PROMULGATED THEREUNDER (THE “SECURITIES ACT”). THIS WARRANT AND THE COMMON STOCK ISSUABLE UPON EXERCISE OF THIS WARRANT MAY NOT BE OFFERED, SOLD, OR OTHERWISE TRANSFERRED IN THE ABSENCE OF REGISTRATION UNDER THE SECURITIES ACT OR UNLESS SUCH OFFER, SALE OR TRANSFER IS EXEMPT FROM SUCH REGISTRATION.

Cooperation Agreement
Cooperation Agreement • April 30th, 2008 • China Power Equipment, Inc. • Electrical industrial apparatus
TERMINATION AGREEMENT
Termination Agreement • April 30th, 2008 • China Power Equipment, Inc. • Electrical industrial apparatus

Based on the agreement signed both Parties on Aug. 20, 2005, the series No. is ycfj-2005-02, regarding Party B would cooperate with Party A to construct the factory of product line of 5 thousand tons capability per year for AMDT-core in Yongchun Science & Technology Industry Centre, and offer money RMB4.90 million as construction fees. The factory would complete at the end of June in 2007. Due to jurisdictional department of Party A would purchase the whole area of Party A’s industry centre, and Party A’s surrounding environment is becoming a standard office building, result in increased in cost of industry environment, after consultation by both Parties, they made the consent as follows regarding the origin agreement and would obey the terms.

Agreement
Agreement • April 30th, 2008 • China Power Equipment, Inc. • Electrical industrial apparatus
Lease Contract For Workshop, Land and Affiliated Equipment
China Power Equipment, Inc. • April 30th, 2008 • Electrical industrial apparatus

Party A and Party B agreed through friendly negotiation based on “The Contract Law of People’s Republic of China” regarding lease Party B’s workshop, land and affiliated equipment, and made this agreement as follows:

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