Addendum 1 to Securities Purchase Agreement between Hankersen International Corp. and Investors

Summary

This addendum, dated June 5, 2008, modifies the Securities Purchase Agreement originally signed on May 29, 2008, between Hankersen International Corp. and the listed investors. The main change is an increase in the total investment amount from $600,000 to $700,000. All other terms of the original agreement, promissory note, and warrant remain unchanged unless they conflict with this addendum.

EX-1.4 5 exh1-4.txt ADDENDUM 1 ADDENDUM 1 TO SECURITIES PURCHASE AGREEMENT This addendum to the securities purchase agreement dated May 29, 2008 (this "ADDENDUM") is dated as of June 5, 2008, among HANKERSEN INTERNATIONAL CORP., a Delaware corporation (together with its successors and assigns, the "COMPANY"), and the investors identified on the signature pages hereto (each, an "INVESTOR" and collectively, the "INVESTORS"). WHEREAS, the Company and the Investors executed a certain securities purchase agreement dated May 29, 2008 (the "SPA"); and WHEREAS, pursuant to the promissory note ("Note") and the warrant ("Warrant") attached as exhibits to the SPA and to be delivered to the Investors, the aggregate Investment Amount (as defined in the SPA) is $600,000; and WHEREAS, the parties to the SPA desire to increase the aggregate Investment Amount to $700,000. NOW, THEREFORE, in consideration of the mutual covenants contained in this Agreement, and for other good and valuable consideration the receipt and adequacy of which are hereby acknowledged, the Company and the Investors agree as follows: 1. The aggregate Investment Amount shall be increased from $600,000 to $700,000. 2. The provisions of the SPA, Note and Warrant, that do not conflict with this Addendum shall remain the same and in full force and effect. [Remainder of Page Intentionally Left Blank] IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be duly executed by their respective authorized signatories as of the date first indicated above. HANKERSEN INTERNATIONAL CORP. By: ________________________________ Name: Pengcheng Chen Title: President [Remainder of Page Intentionally Left Blank; Signature Page for Investors Follows] IN WITNESS WHEREOF, the parties hereto have caused this Addendum to be duly executed by their respective authorized signatories as of the date first indicated above. NAME OF INVESTOR -------------------------- By: --------------------------------------- Name: ____________________ Title: Investment Amount: $______________ Tax ID No.: ------------------------------- ADDRESS FOR NOTICE Street:________________________ City/State/Zip:_________________ Attention: ____________________ Tel: _________________________ Fax: DELIVERY INSTRUCTIONS (if different from above) c/o: -------------------------------------- Street: ----------------------------------- City/State/Zip: --------------------------- Attention: -------------------------------- Tel: