Declaration of Trust by Li Zhi Kang for Shares in Moody International Limited Held for China Victory Profit Limited

Contract Categories: Business Finance › Trust Agreements
Summary

This Declaration of Trust is made by Li Zhi Kang, who holds one share in Moody International Limited as a nominee for China Victory Profit Limited, a company registered in the British Virgin Islands. Li Zhi Kang agrees to act solely on behalf of China Victory Profit Limited regarding all rights, dividends, and decisions related to the share, and will only transfer or deal with the share as directed by the beneficiary. The agreement allows the beneficiary to register a transfer of the share at any time.

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EX-10.6 12 f8k093010ex10vi_timberjack.htm DECLARATION OF TRUST f8k093010ex10vi_timberjack.htm
 
Exhibit 10.6
 
DECLARATION OF TRUST
 
I, Li Zhi Kang of Xikeng Development Area, Shiquan, Songgang, Nanhai, Foshan Guangdong, China, hereby declare that I hoid the share{s) particulars whereof are set out in the Schedule hereto as nominee of and in trust for Chine Victory Profit Limited, a company incorporated in the British Virgin Islands with limited liability whose registered office is at Sea Meadow House, Blackburne Highway, Road Town, Tortola, British. Virgin Islands. (hereinafter called “the Beneficiary”) and I further declare that I will account at all times to the Beneficiary for any dividends or other moneys and any bonuses received by me in respect of or arising out of my holding of the said share(s), exercise my voting and all other rights which I may have as the holder of the said share(s) as the Beneficiary may direct and will not transfer or otherwise deal with the said share(s) except in accordance with the direction of the Beneficiary.
 
I hereby further declare that the Beneficiary or such person, firm or corporation as the Beneficiary may authorise may complete and register any share transfer form in respect of the said share(s) at any time.
 
THE SCHEDULE ABOVE REFERRED TO
   
Name of Company
No. of Share (s)
   
Moody International Limited, a company with
1
limited liability incorporated in Mill Mall,
  
Scute 6, Wicfchams Cay 1, P.O. Box 3085, Road
  
Town, Tortola, B.VX
  
   
Dated this   6th day of   March   2006.