Supplemental Agreement to Assets Acquisition between America Great Health (CA) and Wang’s Property Investment & Management LLC
America Great Health (CA) and Wang’s Property Investment & Management LLC have entered into a supplemental agreement regarding the purchase of 19 properties with 53 units for $7 million. America Great Health (CA) will acquire only the properties, not the equity of Wang’s Property Investment & Management LLC, and will not conduct further due diligence on liabilities or legal matters. The agreement is effective upon signing by both parties, with the English version being legally binding in case of discrepancies.
Exhibit 10.1
| 1609 W VALLEY BLVD STE 338 ALHAMBRA CA 91803 USA TEL ###-###-#### FAX ###-###-#### WWW.AAGHUS.COM |
Supplemental Agreement
Party A: AMERICA GREAT HEALTH (CA)
Add: 1609 W Valley Blvd. STE 338, Alhambra, CA 91803
Chairman of the Board: Mike Qingkun Wang
EIN#: 32-0522173
E-mail: ***@***
Party B: WANG'S PROPERTY INVESTMENT & MANAGEMENT LLC
Add: 527 5thStreet Peru IL 61354
President: Da Wang
EIN#: 45-1988266
E-mail: ***@***
After negotiation between both parties, the following agreement was reached, which is a supplementary agreement to the Assets Acquisition Agreement signed by America Great Health CA and Wang's Property Investment & Management LLC on September 3, 2021.
1. Party A purchases 19 properties that include 53 units under Party B's name at a price of 7 million U.S. dollars.
2. Party A does not purchase the equity of Party B. Due diligence on assets, liabilities, contingent liabilities, heavy contracts, litigation, arbitration, etc. will no longer be conducted.
3. This supplementary agreement is in duplicate, with the same legal effect, and it will become effective after both parties sign it. This agreement contains both Chinese and English bilingual versions. If there is any difference in content, the English version shall be deemed legally binding.
![]() | 1609 W VALLEY BLVD STE 338 ALHAMBRA CA 91803 USA TEL ###-###-#### FAX ###-###-#### WWW.AAGHUS.COM |
[The following is the signature content]
Party A: America Great Health (CA) | Party B: Wang’s Property Investment & Management LLC |
Sign: MIKE QINGKUN WANG | Signatory: Da Wang |
Date: 09-09-2021 | Date: 09-09-2021 |