0001144204-09-020676 Sample Contracts

Equity Transfer Agreement
Equity Transfer Agreement • April 15th, 2009 • ZHAOHENG HYDROPOWER Co • Electric services

In accordance with the relevant PRC laws and regulations and adhering to the principles of voluntariness, fairness and good faith, Party A and Party B sign this Equity Transfer Agreement (this “Agreement”).

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Equity Transfer Agreement
Equity Transfer Agreement • April 15th, 2009 • ZHAOHENG HYDROPOWER Co • Electric services

In accordance with the relevant PRC laws and regulations and adhering to the principles of voluntariness, fairness and good faith, Party A and Party B sign this Equity Transfer Agreement (this “Agreement”).

Equity Transfer Agreement
Equity Transfer Agreement • April 15th, 2009 • ZHAOHENG HYDROPOWER Co • Electric services

In accordance with the relevant PRC laws and regulations and adhering to the principles of voluntariness, fairness and good faith, Party A and Party B sign this Equity Transfer Agreement (this “Agreement”).

Loan Repayment Agreement
Loan Repayment Agreement • April 15th, 2009 • ZHAOHENG HYDROPOWER Co • Electric services

According to the results of financial auditing, Party A owed Party B RMB244,745,383.74 (including amounts due to Party B from Hunan Jiuli Hydropower Construction Co., Ltd., a wholly owned subsidiary of Party A) as of December 31, 2007. The nature of the debt was related party non-operating dispossession.

Baishadu Hydropower Station Development Agreement (“this Agreement”)
Development Agreement • April 15th, 2009 • ZHAOHENG HYDROPOWER Co • Electric services

In accordance with the relevant laws and regulations in "General Principles of Civil Law", "Contract Law of PRC” ; the No. 29 [2003]"Opinions on accelerating the development of hydropower in rural areas” from the General Office of the Hunan Provincial Government; and the policy of attracting investments to Shimen County, the Shimen County Government (hereinafter referred to as Party A) and Hunan Sanjiang Electric Power Co., Ltd., Hunan Zhaoheng Hydropower Co., Ltd. (hereinafter referred to as Party B, collectively) agree to the following terms regarding the development of Baishadu Hydropower Station after amicable negotiations.

Equity Transfer Agreement
Equity Transfer Agreement • April 15th, 2009 • ZHAOHENG HYDROPOWER Co • Electric services

In accordance with the relevant PRC laws and regulations and adhering to the principles of voluntariness, fairness and good faith, Party A and Party B sign this Equity Transfer Agreement (this “Agreement”).

Loan Repayment Agreement
Loan Repayment Agreement • April 15th, 2009 • ZHAOHENG HYDROPOWER Co • Electric services

According to the results of financial auditing, Party A owed Party B RMB34,794,580.06 as of December 31, 2007. The nature of the debt was related party non-operating dispossession.

Huanghugang Hydropower Station Development Agreement (“this Agreement”)
Hydropower Development Agreement • April 15th, 2009 • ZHAOHENG HYDROPOWER Co • Electric services

In accordance with the relevant laws and regulations in "General Principles of Civil Law", "Contract Law of PRC” ; the No. 29 [2003] "Opinions on accelerating the development of hydropower in rural areas” from the General Office of the Hunan Provincial Government; and the principle of “negotiation on a case-by-case basis” under the policy of attracting investments to Shimen County, the Shimen County Government (hereinafter referred to as Party A) and Hunan Sanjiang Electric Power Co., Ltd., Hunan Zhaoheng Hydropower Co., Ltd. (hereinafter referred to as Party B, collectively) agree to the following terms regarding the development of Small Huanghugang Hydropower Station (hereinafter referred to as “Huanghugang Hydropower Station”) after amicable negotiations.

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