SHARE PURCHASE AND SHARE EXCHANGE AGREEMENT by and among Teen Education Group, Inc., a Delaware corporation and Robert L. Wilson, As the Majority Stockholder of Teen Education Group, Inc. and Hongkong Charter International Group Limited, a company...Share Purchase and Share Exchange Agreement • January 25th, 2011 • Teen Education Group, Inc. • Services-educational services • New York
This SHARE PURCHASE AND SHARE EXCHANGE AGREEMENT (the “ Agreement ”) is entered into as of this 12th day of November, 2010, by and among Teen Education Group, Inc., a Delaware corporation (“ Teen Education ”), Robert L. Wilson, an individual with an address c/o Teen Education Group, Inc., 6767 W. Tropicana Ave., Suite 207, Las Vegas, NV 89103 and majority stockholder of Teen Education (the “ Majority Stockholder ”), Hongkong Charter International Group Limited, a company incorporated in the Hong Kong Special Administrative Region of the People’s Republic of China (the “ PRC ”) (“ Hongkong Limited ”), and Qun Hu, the majority shareholder of Hongkong Limited (the “ Hongkong Limited Shareholder ,” and together with Teen Education, the Majority Stockholder, and Hongkong Limited, the “ Parties ” and each, a “ Party ”), upon the following premises:
Loan AgreementLoan Agreement • January 25th, 2011 • Teen Education Group, Inc. • Services-educational services
This Agreement shall take effect after being signed or sealed by both parties. It shall expire automatically upon being paid off by the borrower.
Working Capital Loan AgreementCapital Loan Agreement • February 11th, 2011 • Teen Education Group, Inc. • Services-educational services
In order to clarify responsibility and to maintain good credit, Party A and Party B, through mutual consultations, hereby have entered the following contract (“Contract”):
Contract No: 9381349102010027 Type of loan: Working Capital Loan Borrower (Party A): Shanghai Vomart Auto Parts Co., Ltd. Address: Room B014, No. 7 Liantang Town Road, Qingpu District, Postal Code: 201716 Legal Representative (Person in charge): YU...Teen Education Group, Inc. • February 11th, 2011 • Services-educational services
Party A applies for loan to Party B, Party B agrees to provide loan to Party A. In accordance with related laws and regulations, Party A and Party B, through consultations, have entered this contract (“Contract”) as follows.
Loan AgreementLoan Agreement • May 16th, 2011 • Teen Education Group, Inc. • Services-educational services
In order to clarify responsibility and to maintain good credit, Party A and Party B, through mutual consultations, hereby have entered the following contract (“Contract”):
Loan AgreementLoan Agreement • February 11th, 2011 • Teen Education Group, Inc. • Services-educational services
Pursuant to the "Contract Laws of the PRC", "General Rules on Loans" and other relevant laws, regulations and rules, Party A and Party B, following consultations, mutually agree to enter into this contract ( “Contract”) as follows:
Exclusive Distribution AgreementDistribution Agreement • February 11th, 2011 • Teen Education Group, Inc. • Services-educational services
According to the relevant provisions of Contract Law of the People’s Republic of China and Product Quality Law of the People’s Republic of China, Party A and Party B, through mutual friendly consultation on the basis of equality and mutual benefit, have reached the following agreement (“Agreement”) regarding distribution of Auto accessories:
Loan AgreementLoan Agreement • January 25th, 2011 • Teen Education Group, Inc. • Services-educational services
This Agreement shall take effect after being signed or sealed by both parties. It shall expire automatically upon being paid off by the borrower.
Guarantee ContractTeen Education Group, Inc. • February 11th, 2011 • Services-educational services
Whereas Party B, for consecutively handling the following A credit business for Shanghai Vomart Auto Parts Co., Ltd. (hereinafter “Borrower”), during the period commencing from May 31, 2010 to May 30, 2011 (hereinafter “the Term of the Master Contract”), will (and/or has) entered into a Renminbi loan contract, Foreign Exchange Loan Contract, Bank Acceptance Agreement, the Contract of Issuing a Letter of Credit, the Agreement of Issuing a Letter of Guarantee and/or other documents of a legal nature (referred to as the “Master Contract” under the above contracts, agreements and/or other documents of a legal nature signed during the Term of the Master Contract) with Borrower.
