Conditional Resignation of Officer and Director of Accelerated Acquisitions I, Inc.
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Summary
Timothy Neher, an officer and director of Accelerated Acquisitions I, Inc., submits his resignation from all positions with the company. The resignation is conditional upon the sale of 23,850,000 common shares to Mutual Gain Hong Kong, Limited and the appointment of new directors and officers. The resignation becomes effective on the closing date of the transaction outlined in the Subscription Agreements between the company and Mutual Gain Hong Kong, Limited.
EX-10.3 4 v189187_ex10-3.htm EX-10.3
EXHIBIT 10.3
RESIGNATION
To the Board of Directors of
Accelerated Acquisitions I, Inc.,
a Delaware corporation
The undersigned, being an officer and director of the above-named corporation, does hereby resign from all positions as such officer and director of the corporation.
Said resignation is contingent and expressly conditioned upon (a) the sale of 23,850,000 shares of the Company’s common shares to Mutual Gain Hong Kong, Limited and (b) the appointment of successor directors and officers of the corporation.
Said resignation shall be effective on the date of the Closing of the transaction contemplated by the Subscription Agreements between the Company and Mutual Gain Hong Kong, Limited.
Dated as of June 24, 2010
| /S/ Timothy Neher | |
| Timothy Neher |
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