AGREEMENTManagement Entrustment Agreement • September 25th, 2008 • China Power Equipment, Inc. • Electrical industrial apparatus
This agreement, entered into on September 24, 2008, hereby supplements and restates that certain Management Entrustment Agreement made and entered into on November 8, 2006 and amended and restated on April 24, 2008 in Xi’an City, China (the “Management Entrustment Agreement”), by and among the following parties: Xi'an Amorphous Alloy Zhongxi Transformer Co., Ltd. (“Zhongxi”), An Sen (Xi'an) Power Science & Technology Co., Ltd. (“An Sen”), Zhejiang Lvneng Electric Co.Ltd. (“ZLE”) and Xi'an Zhongxi Zhengliu Dianlu Transformer Factory, Ltd. (“Dianlu”).
