Stock Transfer Agreement (English Translation)
EX-10.1 2 v132049_ex10-1.htm
Stock Transfer Agreement
(English Translation)
Party A: Transferor Information | Party B: Transferee Information | |
Name of Company | Shandong Zhouyuan Seed and Nursery Co., Ltd. (SZSN.OB) | Zhou Jian |
Contact Information | 238 Jianxindong Street Laizhou, Shandong Province The People’s Republic of China | 16 Tong Xin Lin North Road Building 6, Unit 2, No. 3 Wu Hou District Chengdu, Sichuan Province The People’s Republic of China |
Telephone | 0535 ###-###-#### | 610041 15902845785 |
Purchase Price | CNY 500,000 | 7,000,000 shares of common stock |
A. Representations of the Parties:
1. | Party A represents to Party B that all information provided are true and correct. |
2. | Party B represents to Party A that the origin of the funds used to purchase the Company’s stock is legal. |
3. | Party B agrees to be bound by all applicable law and the terms of this Agreement. |
4. | Party B is aware of the risk associated with the investment contemplated by this Agreement, and desires to purchase the Company’s common stock despite of the risks involved. |
B. Terms of the Agreement:
1. | Party A shall issue 7,000,000 shares of its common stock (the “Shares”) to Party B. |
2. | Party B agrees to accept the Shares. |
3. | Within 30 business days of the execution of this Agreement, Party A shall complete all transactions relating to the issuance of the Shares. Upon completion of the transactions relating to the issuance of the Shares, Party A shall deliver to Party B a certificate representing the Shares. In addition, Party A guarantees that the issuance of the Shares are in compliance with U.S. securities laws and that Party A will file all necessary reports regarding the transaction with the U.S. Securities and Exchange Commission. |
4. | This Agreement shall be executed in two copies and effective upon full execution by both Parties. |
Party A: Shandong Zhouyuan Seed and Nursery Co., Ltd | Party B: Zhou Jian |
Representative: Wang Zhigang
November 10, 2008