0001204459-10-001700 Sample Contracts

INDEPENDENT DIRECTOR AGREEMENT

Independent Director Agreement • July 20th, 2010 • Longhai Steel Inc. • Steel works, blast furnaces & rolling & finishing mills • Delaware

• Contract Type
  Independent Director Agreement
• Filed
  July 20th, 2010
• Company
  Longhai Steel Inc.
• Industry
  Steel works, blast furnaces & rolling & finishing mills
• Jurisdiction
  Delaware

THIS INDEPENDENT DIRECTOR AGREEMENT (this “Agreement”) is made effective as of _______, 2010 by and between Longhai Steel Inc. (the “Company”), and _____ (“Director”).

EMPLOYMENT AGREEMENT

Employment Agreement • July 20th, 2010 • Longhai Steel Inc. • Steel works, blast furnaces & rolling & finishing mills • Nevada

• Contract Type
  Employment Agreement
• Filed
  July 20th, 2010
• Company
  Longhai Steel Inc.
• Industry
  Steel works, blast furnaces & rolling & finishing mills
• Jurisdiction
  Nevada

THIS EMPLOYMENT AGREEMENT (the "Agreement") is made effective as of April 1, 2010, between ACTION INDUSTRIES, INC. (to be known as LONGHAI STEEL, INC.), a Nevada corporation (the "Company") and DR. EBERHARD KORNOTZKI (the "Executive").