Agreement Cancelling Strategic Partnership Between Viking Investments Group LLC and Sinocubate, Inc.
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Summary
Viking Investments Group LLC and Sinocubate, Inc., both Nevada corporations, have mutually agreed to cancel their strategic partnership agreement originally made on December 19, 2009, effective March 26, 2010. As part of this cancellation, directors appointed under the original agreement, Mr. Philip Wan and Mr. Yung Kong Chin, have resigned. No shares were exchanged between the parties, and neither company has any further financial or other claims against the other related to this cancellation.
EX-10.3 2 v179116_ex10-3.htm Unassociated Document
CANCELLATION OF STRATEGIC PARTNERSHIP AGREEMENT
| BETWEEN: |
VIKING INVESTMENTS GROUP LLC, (VIKING) a Nevada corporation The Exchange Building, 299 TongRen, 10th Floor, Shanghai, 200040, P.R. China
| AND: |
| SINOCUBATE, INC. (SINOCUBATE) a Nevada corporation, 65 Broadway, 7th Floor New York, NY 10006, USA |
It is hereby mutually agreed between VIKING and SINOCUBATE, effective as of March 26, 2010, to cancel the strategic partnership agreement entered into on December 19, 2009.
In conjunction with the termination, the directors appointed thereby, Mr. Philip Wan and Mr. Yung Kong Chin, were required to resign as directors of the Company.
It is hereby specifically noted that no shares of Renhuang has been transferred from VIKING to SINOCUBATE and that SINOCUBATE has issued no shares to VIKING.
It is further agreed to that neither SINOCUBATE nor VIKING has any monetary or other demand on the other related to this cancellation.
| VIKING INVESTMENTS GROUP LLC |
