AGREEMENT
EX-10.1 13 v093438_ex10-1.htm
Exhibit 10.1
AGREEMENT
| Party A: | Shanxi Province Coking Design Research Institute |
| Party B: | Wuxi Huayang Electrical Power Equipment Co., Ltd. |
The parties, after mutual discussions, enter into this cooperation agreement as follows:
| 1. | Party A shall provide the manufacturing technology relating to coking equipment and environmentally-sound desulfurization equipment. |
| 2. | Party B shall solely finance the manufacture of the coking equipment and the desulfurization equipment. |
| 3. | The anticipated research costs shall be mutually determined by the parties as warranted. |
| 4. | This Agreement shall have two copies, to be effective upon execution of the parties. |
| 5. | The parties shall resolve any differences through mutual discussions. |
| Party A: | /s/ Shanxi Province Coking Design Research Institute |
| [SEAL] |
| Party B: | /s/ Wuxi Huayang Electrical Power Equipment Co., Ltd. |
| [COMPANY SEAL] |
| Dated: | May 24, 2006 |
