StockTransfer Agreement
EX-10.2 3 v137005_ex10-2.htm t
Exhibit 10.2
Stock Transfer Agreement
Party A | The Information of the Transferor | Party B | The Information of the Transferee |
Name of the Companies | Shandong Zhouyuan Seed and Nursery Co., Ltd. Trading Symbol: SZSN.OB | Transferee | Jing Luo |
Source of the Stock | Original issue | The ID No. of the Transferee | 51011319640902082x |
Mailing Address | 238 Jiandong East St., Laizhou City, Shandong Province | Mailing Address | 16 Tongzilin North St., Building 6, Unit 2 No. 3, Wuhou District, Chengdu City |
Phone No. of Securities Department | 0535 ###-###-#### | Zip Code and Phone No. | 610041 15902845785 |
Transfer Price (in Renminbi) | 100,000 | The quantity of the shares transferred (capitalized) | 1,000,000 shares of common stock |
I. | The Announcement of the parties: |
1) | Party A guarantees Party B that all the certificates and materials are real and valid. |
2) | Party B guarantees the legality of the capital used to purchase the stocks. |
3) | Party B abides related laws, rules, and regulations, and is willing to be bound by all the terms of this agreement. |
4) | Party B understands the risks involved in stock investment, and is willing to bear the investment risks associated with the purchase of stocks. |
5) | The board of directors permitted the issuance of SZSN.OB stocks not subject to adjustment in the amount of 1,000,000 shares of common stock. |
II. | Rights and Obligations: |
1) | Party A issues 1,000,000 shares of common stock in SZSN.OB stocks not subject to adjustment and transfers them to Party B. |
2) | B agrees to purchase 1,000,000 shares of common stock in SZSN.OB not subject to adjustment from Party A. |
3) | Party A guarantees that the issuance procedure will be completed within 30 workdays after this agreement is executed., Party B shall pay Party A Renminbi100,000 after the shares of common stock are issued and deposited the payment in Party A’s account in Univest Securities, Inc. Party A guarantees that the 1,000,000 shares of common stock issued to Party B complies to the laws and regulations of SEC and has been duly filed with SEC, that the official website of SEC will record the name of Party B, and that the stocks will subject to US laws and regulations. |
4) | Party A guarantees that in the event of a reverse stock split, Party A will issue additional shares to Party B to make up for the reduction in the number of 1,000,000 shares issued pursuant to this agreement as a result of the reverse stock split, and issue such additional shares within 15 days of the reverse stock split. |
5) | This agreement is enclosed in duplicate, and is valid upon execution (seal). |
Party A: Shandong Zhouyuan Seed and Nursery Co., Ltd. | Party B: Luo Jing |
Representative: Wang Zhigang | Representative: Luo Jing |
/s/ Wang Zhigang | /s/ Luo Jing |
Signature and seal | Signature and seal |
Certification signature and seal
The terms of this agreement shall be true and accurate, and the writing shall be legible. Any alterations or erasures shall invalidate this agreement.
January 12, 2009