0001144204-08-043949 Sample Contracts

Investment Trust Agreement
Investment Trust Agreement • August 5th, 2008 • China Power Equipment, Inc. • Electrical industrial apparatus
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Termination Agreement
Termination Agreement • August 5th, 2008 • China Power Equipment, Inc. • Electrical industrial apparatus

Each Party of this termination agreement entered into “AGREEMENT”(hereafter referred to as “original agreement”) on Nov.11, 2007 in Xi’an, Shaanxi province, each Party of this agreement agreed that they would offer the paid-in capital for RMB30,000,000 together to establish Shaanxi Amorphous Alloy Power Co., Ltd.( temporary name, hereafter referred to “intent established company”) in Jingyang county, Shaanxi province .Due to Party B, Party C and Party D failed to offer the paid-in capital in a timely manner based on original agreement, so, the intent established company failed to be founded, after through equal negotiation, all Parties agreed to terminate the original agreement, and made the following terms to execute.

AMENDED PRELIMINARY FINANCIAL SERVICE AGREEMENT
Preliminary Financial Service Agreement • August 5th, 2008 • China Power Equipment, Inc. • Electrical industrial apparatus

The Preliminary Financial Service Agreement is entered into as of May 14, 2008 between ELZ Accountancy Corp., its designated employee Elaine Zhao (collectively “Zhao”), and China Power Equipment, Inc. (the ‘Company”). ELZ Accountancy Corp. hereby agrees to designate its employee Elaine Zhao to serve as Chief Financial Officer of China Power Equipment, Inc., for an initial period of two years. The annual compensation, paid quarterly to ELZ Accountancy Corp. or Elaine Zhao at the beginning of each quarter, shall be US $45,000.

Transfer Agreement of Offering the Capital
Transfer Agreement • August 5th, 2008 • China Power Equipment, Inc. • Electrical industrial apparatus

After approval by the shareholders meeting of Xi’an Amorphous Alloy Zhongxi Transformer Co., Ltd. which held on July 10, 2007, consulted by Party A and Party B, regarding Party A will transfer it’s offering capital in Xi’an Amorphous Alloy Zhongxi Transformer Co., Ltd to Party B, they agreed to sign this agreement.

Technology Transfer Agreement
Technology Transfer Agreement • August 5th, 2008 • China Power Equipment, Inc. • Electrical industrial apparatus
Share Holding Transfer Agreement
Holding Transfer Agreement • August 5th, 2008 • China Power Equipment, Inc. • Electrical industrial apparatus

Party A and Party B agreed through friendly negotiation regarding Party A shall transfer it’s shares which it owned 1,500,000 shares of Yan’an Amorphous Alloy Transformer Co., Ltd. to Party B, Party A and Party B made this agreement as follows:

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