Hv=c?l lHfNIk NyNlQA MoneyeasyIndustries Limited)Pl 6- s fI))}i6Pl C6-O Stockpurchase agreement on WuhanTallyho Biology Product Ltd among ChenDongliang, Rao Bangfu, Hu Lirong, Wang Ajing, GuShengbin, Chen Jiwu, Li Hanxin, Mochaohui, LiJun, Zhan Yihua, Liu Wei, Cheng Jian, Yan Shengfan and MoneyeasyIndustries Limited (Purchaser) 2007t 115 2007-11-05

1)

陈栋梁，法定地址：江岸区育才三村39号

 

Chen Dongliang, legal address: No. 39 Yucaisan Village, Jiang’an District

2)

饶邦福，法定地址：武汉市江岸区湖边坊691号四楼

 

Rao Bangfu, legal address: F/4, No. 691, Hubianfang, Jiang’an District, Wuhan

3)

胡丽荣，法定地址：武汉市江岸区堤角边5-5号一楼

 

Hu Lirong, legal address: F/1, No. 5-5, Dijiaobian, Jiang’an District, Wuhan

4)

王阿敬，法定地址：硚口航空路13-127号二楼

 

Wang Ajing, legal address: F/2, No. 13-127, Hangkong Road, Qiaokou District

5)

辜胜彬，法定地址：汉阳区琴断口街冯家畈150号1-1-4-8号

 

Gu Shengbin, legal address: 1-1-4-8, No. 158, Fengjiafan, Qinduankou Street, Hanyang District

6)

陈继武，法定地址：武汉市江岸区德才里25-7-1

 

Chen Jiwu, legal address: 25-7-1, Decaili, Jiang’an District, Wuhan

7)

李汉鑫，法定地址：武汉市江岸区台北一路48号6楼2号

 

Li Hanxin, legal address: 48-6-2, Taibeiyi Road, Jiang’an District, Wuhan

8)

莫朝辉，法定地址：武汉市汉阳区吴家巷5号5楼17号

 

Mo Zhaohui, legal address: 5-5-17, Wujiaxiang, Hanyang District, Wuhan

9)

李军，法定地址：武汉市江岸区大智路28-12号

 

Li Jun, legal address: 28-12, Dazhi Road, Jiang’an District, Wuhan

10)

詹移华，法定地址：武汉市江岸区下陈家湖817号

 

Zhan Yihua, legal address, No. 817, Xiachenjiahu, Jiang’an District, Wuhan

11)

刘嵬，法定地址：武汉市蔡甸区蔡甸街河街7号

 

Li Wei, legal address: No.7 Caidianjie Hejie, Caidian District, Wuhan

12)

程剑，法定地址：武汉市洪山区四眼井53号

 

Cheng Jian, legal address: No. 53, Siyanjing, Hongshan District, Wuhan

13)

颜盛繁，法定地址：广东省珠海市香洲区香华路288号8栋2单元204房

 

Yan Shengfan, legal address: 2-204, Building 8, No. 288 Xianghua Road, Xiangzhou District, Zhuhai, Guangdong Province

14)

Moneyeasy Industries Limited，(中文名称为：利广实业有限公司)（下称“投资人”），系依照香港法律在香港注册成立的有限责任公司，注册地址：Room 42, 4th Floor, New Henry House, 10 Ice House Street, Central, Hong Kong。（以下称为“乙方”）。

 

Moneyeasy Industries Limited, (Chinese name: 利广实业有限公司) (the “investor”), is a limited liability company registered and incorporated in Hong Kong under the laws of Hong Kong with the registered address being: Room 42, 4th Floor, New Henry House, 10 Ice House Street, Central, Hong Kong hereinafter referred to as “Party B”).

1.

武汉天天好生物制品有限公司（以下简称“武汉天天好”）是一家于1996年12月2日在中国湖北省武汉市注册成立的有限责任公司，注册号为4201131100001，注册地址：武汉市汉南经济发展区，注册资& #26412;为人民币四千零二十三万圆整（RMB40,230,000）。本公司的法定代表人为：饶邦福。本公司的经营范围：生物制品的研制、开发（开发产吕销售，国家有专项规定的按专项规定执行）；百货零售批发。经营本企业和成员企业自产产品及相关技术的出口业务（国家组织统一联合经营 的出口商品除外）；经营本企业和本企业成员企业生产、科研所需的原辅材料、机械设备、仪器仪表、零配件及相关的进口业务（国家实行核定公司经营的进口商品除外）；经营本企业的进料加工和“三来一补”业务。

 

Wuhan Tallyho Biological Product Ltd (hereinafter referred to as “Tallyho”),  is a limited liability company registered and incorporated in Wuhan, Hubei Province, China on 2007-06-13. Its registered number is 4201131100001, its registered address is No. 551, Hannan Economic Development Zone, Wuhan, and the registered capital is 40,230,000 CNY. The legal representative of the company is Rao Bangfu. The business scope of the company includes: research and development of biological products, sale of developed products (when national authority has specific provisions on certain item, the provisions shall be followed); general merchandise; export of products produced by the enterprise and affiliates, and export of relevant technology (except merchandises under general joint operation by the government); import of raw and auxiliary materials, mechanical equipments, instruments and meters, parts and components and others necessary for production and research by the enterprise and affiliates (except import merchandise to be approved by the government), processing of incoming materials and “three-incoming and one supplementary”.

2.

甲方同意将其共计持有武汉天天好100%的股权全部转让给乙方，从而将武汉天天好变更为一家外商独资有限公司（以下简称“独资公司”）。为此，协议双方本着平等互利的原则，经过友好协商，同意根据中国法律和法规以及本协议的有关规定&# 65292;达成如下协议。

 

Party A agrees to transfer 100% stocks of Tallyho held by it to Party B, thus to change Tallyho into one wholly foreign owned company (hereinafter referred to as “sole proprietorship”). For the purpose and upon friendly discussion, the parties hereof, abiding by the principle of fairness and mutual benefit, agrees to enter into the following agreement according to laws and regulations of China.

 

1)

出售方已获得充分的授权，有权签订本协议和履行其在本协议项下的各项义务。

 

The seller has obtained sufficient authorization, has the right to sign this agreement and shall perform various obligations hereunder.

 

2)

出售方对于武汉天天好注册资本的出资已经全部缴清。

 

The seller has paid up all contributions to the registered capital of Tallyho.

 

3)

从签署日起，本协议即对出售方具有法律上的约束力。

 

This agreement shall be legally binding to the seller as of the signing date.

 

4)

出售方提供的所有资料及信息均是完整、正确的，并无任何具有实质意义的不实或误导性陈述。

 

All data and information provided by seller and complete and correct, and free of untrue or misleading statement with substantial meaning.

 

5)

出售方签署本协议和履行其在本协议项下的义务，不会与任何现行的法律、法规、规定、任何政府机构或部门的授权或批准、或以出售方为一方或出售方受其约束的任何协议或协议的任何规定有重大的抵触，或导致对上述规定的重大的违反，或构成对上述规定 ;的重大的不履行或不能履行。

 

The signing of this agreement and the performance of obligations hereunder by the seller have no material conflict to existing laws, regulations, rules or any authorization or approval by the government organization or department, or any agreement or any provisions in any agreement of which the seller is a party or the party is bound, or will not result in material violation of the said provisions, or constitute material default of the foregoing provisions or failure to performance.

 

1)

武汉天天好依照中国法律、法规合法成立，并有效存续。武汉天天好的注册资本已经全部缴清。

 

Tallyho is incorporated and existing under laws and regulations in China. All registered capital of Tallyho has been paid up.

 

2)

武汉天天好的会计报表均依据中国通常适用的会计准则制作，并且已根据有关的法律和法规的规定对所有现有的及或有的债务责任及资本性承担作了适当的准备或披露。

 

The financial statements of Tallyho are prepared according to general applicable accounting criteria in China, and have made proper provisions or disclosure for all current or contingent Liabilities and capital encumbrance according to relevant laws and regulations.

 

3)

武汉天天好的会计报表均真实公允地反映了武汉天天好到报表基准日止的财务状况。

 

The financial statements of Tallyho give a true and fair presentation of the financial conditions of Tallyho ended as of base date.

 

4)

武汉天天好的会计记录采用适当并且一贯的标准，并按照有关法律和法规的要求，完整准确地记录了武汉天天好的资产及其所有经营活动。

 

The accounting records of Tallyho adopts proper and consistent standards, provide complete and correct records of the assets and all operations of Tallyho accounting to relevant laws and regulations.

 

5)

武汉天天好除了会计记录披露的业务之外，没有其他业务。

 

Tallyho has no other business except as disclosed in the accounting records.

 

6)

武汉天天好没有违反中国的任何条例、规定、命令或规章。

 

Tallyho does not violate any rule, regulations order or code in China.

 

7)

出售方签署本协议和履行其在本协议项下的义务，不会与武汉天天好的章程或以武汉天天好为一方或受之约束的任何协议或协议的任何规定有重大抵触，或导致对上述规定的重大的违反，或构成对上述规定的重大不履行。

 

The signing of this agreement and the performance of obligations hereunder by the seller have no material conflict to the Articles of Incorporation of Tallyho or any or any agreement or any provisions in any agreement of which Tallyho is a party or the party is bound, or will not result in material violation of the said provisions, or constitute material default of the foregoing provisions.

 

1)

出售方是收购股权的合法所有人，出售方有全部的授权和权力处置收购股权。

 

The seller is legal owner of the stocks to be purchased. It has all authorization and power to deal with purchase of stocks.

 

2)

武汉天天好对其业务、财产和权益拥有良好的所有权。

 

Tallyho has sounding ownership to its business, properties and interest.

 

3)

不存在会对武汉天天好的财产和权益的所有权产生负面影响的事实。

 

There is no fact have adverse influence over the ownership of the properties and interest of Tallyho.

 

4)

武汉天天好已获得并完整地保存了与各自拥有的主要财产和权益有关的所有产权文件和其他相关文件。

 

Tallyho has acquired and preserved all property right documents and other related documents with respect to major properties and interests as owned by every party respectively.

 

5)

武汉天天好经营的业务在各方面均符合中国法律法规的规定，并符合中国政府的要求。

 

The business operated by Tallyho meets the rules in Chinese laws and regulations in every aspect and complies with requirement of Chinese government.

 

1)

武汉天天好不存在超越经营范围、未经授权或非法的行为、协议。

 

Wuhan has no unauthorized, illegal conducts or agreement or that is beyond its business scope.

 

2)

对于武汉天天好在执行中的有利害关系的文件，如果要求盖章的，均已经依法盖章，并予以保存。

 

For documents in execution by Tallyho that have a stake, if seal is required, have been stamped with seal according to laws and preserved.

 

1)

武汉天天好的雇员未由于终止雇佣关系或其他任何原因而向武汉天天好提出赔偿请求，除了法律规定应给予的福利待遇之外，武汉天天好未向其雇员提供贷款或其他福利待遇。

 

There is no claim brought forth by the employee of Tallyho due to termination of employment or any other reason. Except the benefit granted according to laws, Tallyho does not provide loans or other benefits to its employees.

 

2)

武汉天天好的正式雇员的聘用及其雇佣条件符合中国法律、法规的规定。

 

The engagement and employment conditions of formal employees of Tallyho comply with the provisions in Chinese laws and regulations.

 

1)

武汉天天好的全部或部分业务或财产均未被任何接管人接管。

 

The business or properties of Tallyho are not taken over by any receiver wholly or partially.

 

2)

没有任何要求终止或解散武汉天天好的请求，亦未被做出任何或通过任何关于清算或解散武汉天天好的决议。

 

There is no demand to require terminate or dissolve Tallyho, no resolution with respect to liquidate or dissolve Tallyho is made or passed.

 

3)

武汉天天好不存在有关法规所指的已经停止支付、资不抵债的情形。

 

Tallyho has no suspension of payment or insolvency as described in relevant laws and regulations.

 

4)

武汉天天好没有将对其经营产生重大负面影响的判决。

 

Tallyho is not subject to any judge which has material adverse influence to its operation.

 

5)

武汉天天好没有正在进行或将会提起的或任何其他的法律程序，也不存在对其有重大威胁的请求或诉讼。

 

Tallyho is not subject to any legal proceedings or threatened one or any other ones, and demand or litigation with material threats.

 

6)

武汉天天好或就武汉天天好的了解，其董事或管理人员均没有下列违法行为：

 

Tallyho or to the knowledge of Tallyho, its director or management has no the following illegal acts:

 

(ii)

与武汉天天好的业务活动有关的违反委托的事项。

 

Violation of commissioning with respect to the business or Tallyho.

 

(iii)

出售方或违反约定的或法定的义务或由于侵权而可能使第三方有权终止以武汉天天好作为一方当事人的协议，或可能引起针对武汉天天好的请求或禁令。

 

The seller violate the agreed or statutory obligations or infringes, and the third party is entitled to terminate this agreement of which Tallyho is one party, or it may give rise to the demand or injunction against Tallyho.

 

1)

不宣布或发放任何股息或进行其他分配。

 

It will not announce or issue any dividend or conduct any other distribution.

 

2)

将继续正常的业务经营。

 

It will continue normal business operation.

 

3)

除了根据附件中列明的预算或经公司董事会一致同意以外，不发生任何的严重负面的变更。

 

It will not cause any material adverse change unless according to the budget listed in the appendix or upon unanimous consent by the board.

 

4)

其有形资产净值不发生任何重大的减损。

 

Its will not give rise to any material reduction of its net value of tangible assets.

 

5)

除了经公司董事会一致同意以外，其债务及或有责任不发生任何负面变化。

 

No negative change will occur to its debt or liability unless upon unanimous consent by the board.

 

6)

不签署任何导致或将会导致武汉天天好对其税赋负有责任的交易。

 

It will not sign any transaction that cause or will cause Tallyho to have liabilities for its tax.

 

7)

不签署正常业务以外的协议。

 

It will not sign agreements other than normal business.

 

8)

武汉天天好不得从事任何损害乙方的行为。

 

Tallyho will not conduct any actions that damage Party B.

 

1)

购方是根据香港法律正式成立，有效存续并正常经营的有限责任公司。

 

The purchaser is a limited liability company formally established, validly existing and normally operating.

 

2)

收购方已按其应遵守的法律、法规办理一切必要的手续（若适用），并取得一切必要的登记及批准（若适用），且在该等法律、法规项下拥有必要的权力，以便签订本协议和履行其在本协议项下的各项义务。

 

The seller has conducted necessary procedures (if applicable) according to the laws and regulations which the seller shall abide by, obtained necessary registration and approval (if applicable), has necessary power under the laws & regulations to sign this agreement and perform various obligations under this agreement.

 

3)

收购方已采取一切必要的内部行为，使其获得授权签订并履行本协议，其在本协议上签字的代表有权签署本协议，并使收购方受本协议约束。

 

The purchaser has taken all necessary internal actions so that he obtain authorization to sign and execute this agreement. The representative to sign on this agreement is duly authorized to sign this agreement and cause the purchaser to be bound by this agreement.

 

4)

从签署日起，本协议即对收购方具有法律上的约束力。

 

From the signing date, this agreement is legally binding to the purchaser.

 

5)

收购方签署本协议和履行其在本协议项下的义务，都不会与收购方章程或内部规章、任何法律、法规、规定、任何政府机构或部门的授权或批准、或以收购方为一方或受之约束的任何协议或协议的任何规定有抵触，或导致对上述规定的违反，或构成对上述规定 ;的不履行。

 

The signing of this agreement and the performance of obligations hereunder by the purchaser have no material conflict to the Articles of Incorporation of the purchaser or any or any agreement or any provisions in any agreement of which the purchaser is a party or the party is bound, or will not result in material violation of the said provisions, or constitute material default of the foregoing provisions.

 

1)

任何一方曾向或可能要向另一方透露有关其各自业务、财务状况及其他保密事项与专有资料。此外，双方可能会获得有关独资公司的保密与专有资料。除其他有关保密协议另有规定外，接受上述所有资料（包括书面资料和非书面资料，以下简称“保密资料”）& #30340;每一方应当：

 

Any party has or may disclose its business, financial condition or other confidential matter and proprietary data to the other party. Besides, the parties may obtain confidential and proprietary data of the sole proprietorship. Unless otherwise specified in other confidentiality agreement, the party accepting the said data (including written and non-written data, hereinafter referred to as “confidential data”) shall:

 

(i)

对上述保密资料予以保密。

 

Keep the said confidential data confidential;

 

(ii)

除对履行其工作职责而需知道上述保密资料的本方雇员、顾问外，不向任何人或实体透露上述保密资料。

 

Not disclose the said confidential data to any person or entity other than the employees and consultants of its own that need to know the said confidential data due to their work responsibilities.

 

2)

上述第(1)款的规定不适用于下述保密资料：

 

The provisions in clause (1) are not applicable in the following confidential data:

 

(i)

在透露方向接受方透露之前所作的书面记录能够证明已为接受方所知的资料。

 

The data that are known to the receiver and can be evidenced by written records before the disclosure by disclosing party to the receiver.

 

(ii)

非因接受方违反本协议而成为公知的资料。

 

Known data not due to breach of this agreement by the receiver.

 

(iii)

接受方从对保密资料不承担任何保密义务的第三方获得的资料。

 

Data acquired from the party who does not assume confidentiality obligations for the confidential data.

 

3)

如经任何一方要求，一方应就从对方或其关联公司获得的保密资料另签一份保密协议，其中的条款应与本第六章所规定的条款类似。

 

Upon request by one party, the party shall sign another confidentiality agreement for the confidential data acquired from the other party or its related company; the provisions shall be similar to those as specified in Chapter 6.

 

4)

每一方应制定规章制度，以使其本身及其关联公司的董事、高级职员和其他雇员同样遵守本第六章所述的保密义务。

 

Every party shall formulate regulations and rules so that the directors, senior staffs and other employees of itself and its related company also abide by the confidentiality obligations as described in Chapter 6.

 

5)

本第六章的规定不适用于把资料透露给任何关联公司、任何公共或私人贷款人或财务筹资代理或机构、双方的雇员和顾问或一方预期向之转让其在本协议项下的全部或部分权利和义务的任何第三方；但在这种情况下，只应向有合理的业务需要知道该等资料的人 ;或实体透露该等资料，并且这些人或实体应首先以书面形式承诺保守该等资料的保密性。

 

The provisions given in Chapter 6 are not applicable to disclosure of the data to any related company, any public or private lender of financing agency or institution, employees and consultants of the parties or any third party to which one party is expected to transfer all or some rights and obligations under this agreement; however, in the case, the party can only disclose such data to the person or the entity need to know such data and have reasonable ground, and such person or entity shall first promise to keep the confidentiality of such data in written form.

 

6)

在不限制本第六章的上述规定的情况下，未经另一方事先书面同意公布或公开透露的内容和时间（另一方不得无理由地拒绝同意），任何一方不应公布或公开透露关于独资公司的资料（包括保密资料在内）。但是，本第(6)款的任何规定不应妨& #30861;一方按其诚信判断作出适用法律、法规或证券交易所规则规定的公布或透露。

 

Without limitation to the said provisions in Chapter 6, if the other party does not approve the announcement or the contents and the time of disclosure (the other party may not reject without due cause), no party shall announce the data on the sole proprietorship (including confidential data), provided that the provisions may not prevent announcement or disclosure by the other party on bona fide basis, which is specified by applicable laws, regulations or securities exchange.

 

7)

对于曾为本协议一方的任何自然人或法人而言，在其由于转让在本协议项下的权利和义务而不再作为本协议一方之后，本第六章的规定仍然具有约束力。

 

For any natural person or legal entity who has been one party of this agreement, when it has transfer the rights and obligations under this agreement and ceased to be one party of this agreement, the provisions in Chapter 6 is till binding for it.

 

1)

如果收购方未按照本协议第六条的规定向出售方支付转让价格，经收购方与出售方书面同意，出售方同意给予收购方30天的宽限期（“宽限期”），但宽限期最长不得超过3个月（自营业执照签发之日起算），收购方应在宽限 期内向出售方支付全部转让价格。如果收购方未能在宽限期内向出售方支付全部转让价格，则出售方有权撤销本协议，并要求收购方承担由此引起的损失。

 

If the purchaser fails to pay transfer price to the seller according to Article 6, upon written agreement of the purchaser and the seller, the seller agrees to grant 30 days of grace period to the purchaser, provided that the grace period may not exceed 3 months (dated from issuance of the business license). The purchaser shall pay all transfer prices to the seller within the grace period. If the purchaser fails to pay all transfer prices to the seller within the grace period, the seller is entitled to cancel this agreement and claim for loss thus incurred.

 

2)

如果本协议一方有任何其他违约行为，该方应按本协议和适用法律的规定承担违约责任。如果不止一方违约，则由每一方分别承担各自违约所引起的责任。尽管有以上规定，任何一方均不因本协议就任何间接的损失或损害对另一方负责。

 

If any party of this agreement has any other breach, the party shall bear liability for breach. If no less than one party is in breach of this agreement, every party shall bear liabilities for its breach respectively. Notwithstanding the foregoing provisions, no party shall be liable to the other party for any indirect loss or damage arising from this agreement

 

1)

“不可抗力”指在本协议签署后发生的、本协议签署时不能预见的、其发生与后果无法避免或克服的、妨碍任何一方全部或部分履约的所有事件。上述事件包括地震、台风、水灾、火灾、战争、国际或国内运输中断、政府或公共机构的行为、流行病、民乱、罢& #24037;，以及一般国际商业惯例认作不可抗力的其他事件。一方缺少资金非为不可抗力事件。

 

The force majeure means all events that occur after signing of this agreement, the occurrence and consequence of which can not be avoided or overcame, and hinder all or partial performance by any party. The said events include earthquake, typhoon, flood, fire, war, international or domestic discontinuation of transportation, actions by government or public instructions, epidemic, riot, striking and other events deemed as force majeure according to general international commercial practice. Shortage of capital of any party is not force majeure.

 

2)

如果发生不可抗力事件，影响一方履行其在本协议项下的义务，则在不可抗力造成的延误期内中止履行，而不视为违约。

 

If the force majeure influence of the performance of the obligations by one party under this agreement, suspension of performance within the period delayed by the force majeure does not constitute breach.

 

3)

宣称发生不可抗力的一方应迅速书面通知另一方，并在其后的十五(15)天内提供证明不可抗力发生及其持续的足够证据。

 

The party claiming force majeure shall notify the other party promptly, and provide sufficient evidence to prove the occurrence and the persistence of the force majeure within 15 days upon its occurrence.

 

4)

如果发生不可抗力事件，双方应立即互相协商，以找到公平的解决办法，并且应尽一切合理努力将不可抗力的后果减小到最低限度。如不可抗力的发生或后果对本协议的履行造成妨碍，时间超过九十(90)天，并且双方没有找到公平的解决办法， 则任何一方均有权通知另一方终止本协议而不必向另一方承担未履行或未完全履行本协议的赔偿责任。

 

In case of force majeure, the parties shall negotiate to find fair solutions and make every reasonable effort to minimize consequence of the force majeure. If the occurrence or the consequence of the force majeure hinders the performance of this agreement and no fair solution is arrived at by the parties 90 days later, any party is entitled to notify the other party to terminate this agreement without bearing the compensation responsibilities for failure to performance or complete performance.