0001204459-10-002979 Sample Contracts

INDEPENDENT DIRECTOR AGREEMENT
Independent Director Agreement • November 30th, 2010 • Longhai Steel Inc. • Steel works, blast furnaces & rolling & finishing mills • Delaware

THIS INDEPENDENT DIRECTOR AGREEMENT (this “Agreement”) is made effective as of November 18, 2010 by and between Longhai Steel Inc. (the “Company”), and Mr. Michael Billings (“Director”).

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INDEPENDENT DIRECTOR AGREEMENT
Independent Director Agreement • November 30th, 2010 • Longhai Steel Inc. • Steel works, blast furnaces & rolling & finishing mills • Delaware

THIS INDEPENDENT DIRECTOR AGREEMENT (this “Agreement”) is made effective as of November 18, 2010 by and between Longhai Steel Inc. (the “Company”), and Ms. Jean Kester (“Director”).

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