Equity Purchase Agreement between Wee San Chuan, Francis and China Teletech Holding, Inc.
This agreement is between Wee San Chuan, Francis and China Teletech Holding, Inc. Under the agreement, Francis will purchase 100% of the equity in China Teletech Ltd. and Global Telecom Ltd. from China Teletech Holding, Inc. for a total price of $2,000. Payment must be made within 10 days of signing. The agreement becomes effective once both parties have signed, and each party will keep a signed copy.
Exhibit 10.17
AGREEMENT
Party A: Wee San Chuan, Francis
Party B: China Teletech Holding, Inc.
1. Both parties agreed that Party A shall purchase 100% equity of China Teletech Ltd. And Global Telecom Ltd. owned by Party B.
2. The consideration for this equity transfer is USD2000. Party A shall pay if off within 10 days after both parties sign the agreement.
3. The Agreement shall become effective upon signing of both parties.
4. This Agreement is made in two copies with each party holding one copy.
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Party A (Signature): Wee San Chuan, Francis
Party B (Chop): China Teletech Holding, Inc.
The representative (Signature):
Date: January 1, 2015