Weida Communications, Inc. Sample Contracts

SCL SIGNATURE PAGE TO AMENDMENT AGREEMENT DATED AS OF NOVEMBER 30, 2003
Share Exchange Agreement • December 18th, 2003 • Laser Recording Systems Inc • Services-computer integrated systems design
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WEIDA COMMUNICATIONS, INC. REGISTRATION RIGHTS AGREEMENT
Registration Rights Agreement • September 30th, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone) • New York

THIS REGISTRATION RIGHTS AGREEMENT (this "Agreement") is made as of June 25, 2004 by and between Weida Communications, Inc. (the "Company"), the Tier I Shareholders (as defined below) listed on Schedule I hereto, the Tier II Shareholders (as defined below) listed on Schedule II hereto and the Tier III Shareholders (as defined below) listed on Schedule III hereto. The Tier I Shareholders, the Tier II Shareholders and the Tier III Shareholders are collectively referred to as the "Shareholders."

EMPLOYMENT AGREEMENT
Employment Agreement • June 18th, 2004 • Laser Recording Systems Inc • Services-computer integrated systems design • Delaware

EMPLOYMENT AGREEMENT effective as of April 1, 2004 (the “Commencement Date”) by and between SCL Ventures, Ltd. (the “Company”) and Mitchell J. Sepaniak (the “Executive”) (this “Agreement”).

MASTER AGREEMENT
Master Agreement • September 2nd, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone) • Hong Kong

In this Agreement, SCL, Weida, and the Existing Shareholders may be referred to collectively as the “Parties”, and each individually as a “Party”. The Existing Shareholders are a Party to this Agreement both collectively and each individually.

SCL Ventures Ltd. Jack Chin (“Purchasers”) and (“Vendors”)
Purchase and Sale Agreement • September 2nd, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone) • New York

WHEREAS, Ocean International Holdings Limited (the “Company”) is a company incorporated in the Hong Kong Special Administrative Region (the “HKSAR”) of the People’s Republic of China (the “PRC”); and

PLEDGE AGREEMENT
Pledge Agreement • September 2nd, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone) • Hong Kong

Ocean Tian Di Communication Technology Co., Ltd. (Guangzhou), a wholly foreign-owned enterprise under the laws of the People’s Republic of China (the “PRC”) (hereinafter referred to as the “WOFE”);

SCL Ventures Ltd. (the “Purchaser”) and Pang Da Qing, and Xie Li (the “Vendors”)
Future Equity Interest Transfer Agreement • September 2nd, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone)

This Equity Interest Transfer Agreement (this “Agreement”) is entered into in Shanghai, People’s Republic of China (the “PRC”) as of this 26th day of August, 2004 (the “Execution Date”) by and between:

SCL Ventures Ltd. (the “Purchaser”) and Pang Da Qing, and Xie Li (the “Vendors”) EQUITY INTEREST TRANSFER AGREEMENT for the Sale and Purchase of Shares of
Equity Interest Transfer Agreement • September 2nd, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone)

This Equity Interest Transfer Agreement (this “Agreement”) is entered into in Shanghai, People’s Republic of China (the “PRC”) as of this 26th day of August, 2004 (the “Execution Date”) by and between:

Service and Support Agreement
Service and Support Agreement • September 2nd, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone)

This Service and Support Agreement (this “Agreement’) is made as of August 26, 2004, in the People’s Republic of China (the “PRC”) by and between:

CONSULTING AGREEMENT
Consulting Agreement • October 12th, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone) • New York

NOW, THEREFORE, in consideration of the mutual promises and covenants herein contained, the parties hereto agree as follows:

EMPLOYMENT AGREEMENT
Employment Agreement • October 12th, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone) • Delaware

EMPLOYMENT AGREEMENT effective as of April 1, 2004 (the “Commencement Date”) by and between SCL Ventures, Ltd. (the “Company” or “SCL”) and Jack Chin (the “Executive”) (this “Agreement”).

CONFIDENTIAL SEPARATION AGREEMENT AND RELEASE
Separation Agreement • September 13th, 2005 • Weida Communications, Inc. • Telephone communications (no radiotelephone)

THIS CONFIDENTIAL SEPARATION AGREEMENT AND RELEASE (this “Separation Agreement”), made this 6th day of September 2005, by and between Mitchell J. Sepaniak (“Executive”), and Weida Communications, Inc., a New Jersey corporation (the “Company”).

WARRANT INSTRUMENT
Warrant Agreement • September 30th, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone) • New York

THIS WARRANT INSTRUMENT (the "Instrument"), dated as of June 11, 2004, is made by Weida Communications, Inc., a company organized under the laws of the State of New Jersey (the "Company"), in favor of (the "Initial Holder").

AMENDMENT TO EMPLOYMENT AGREEMENT
Employment Agreement • October 12th, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone)

WHEREAS, effective as of April 1, 2004, SCL Ventures, Ltd. (the “Company”) and Mitchell J. Sepaniak (the “Executive”) entered into an Employment Agreement (the “Agreement”);

EMPLOYMENT AGREEMENT
Employment Agreement • September 13th, 2005 • Weida Communications, Inc. • Telephone communications (no radiotelephone) • Delaware

EMPLOYMENT AGREEMENT effective as of April 4, 2005 (the “Commencement Date”) by and between Weida Communications, Inc. (the “Company”) and Christopher Lennon (the “Executive”) (this “Agreement”).

ANTHONY F. GIORDANO THE ANTHONY F. GIORDANO FAMILY LIMITED PARTNERSHIP III
Loan Agreement • October 12th, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone) • New York

This letter agreement (“Agreement”) constitutes the binding agreement of the Anthony F. Giordano Family Limited Partnership III and Anthony F. Giordano (each a “Lender” and, collectively, the “Lender”) to and for the benefit of Weida Communications, Inc., a New Jersey corporation (the “Company” or “Weida”) to fund working capital requirements of Weida, on the terms described below.

SECOND AMENDMENT TO SHARE EXCHANGE AGREEMENT
Share Exchange Agreement • June 18th, 2004 • Laser Recording Systems Inc • Services-computer integrated systems design

SECOND AMENDMENT TO SHARE EXCHANGE AGREEMENT (this “Amendment”), dated as of March 31, 2004, by and among SCL VENTURES, LTD., a British Virgin Islands company having an address at 515 East Olas Boulevard, Suite 1350, Fort Lauderdale, FL 33301 (“SCL”), LASER RECORDING SYSTEMS, INC., a New Jersey corporation having an address at 1395 New York Avenue, Huntington Station, NY 11746 (“Laser” or the “Company”), certain shareholders of SCL signatory hereto (“SCL Signatory Shareholders”), and certain shareholders of Laser signatory hereto (the “Laser Signatory Shareholders”).

AMENDED AND RESTATED CONSULTING AGREEMENT
Consulting Agreement • October 12th, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone) • Florida

AMENDED AND RESTATED CONSULTING AGREEMENT (this “Agreement”), by and between SCL Ventures, Ltd. (the “Company”), and Anthony F. Giordano (the “Consultant”).

WARRANT INSTRUMENT
Warrant Instrument • September 30th, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone) • New York

THIS WARRANT INSTRUMENT (the "Instrument"), dated as of , is made by Weida Communications, Inc., a company organized under the laws of the State of New Jersey (the "Company"), in favor of (the "Initial Holder").

TRUST AGREEMENT
Trust Agreement • September 2nd, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone) • Hong Kong
SHARE LOCK-UP AND ESCROW AGREEMENT
Share Lock-Up and Escrow Agreement • June 18th, 2004 • Laser Recording Systems Inc • Services-computer integrated systems design • New York

THIS SHARE LOCK-UP AND ESCROW AGREEMENT (this “Agreement”) is made and entered into as of the 16th day of April 2004 by and among Raice Paykin & Krieg LLP (the “Escrow Agent”), Laser Recording Systems Inc., a New Jersey corporation (“Laser”), SCL Ventures Ltd., a British Virgin Islands company (“SCL”), certain shareholders of Laser signatory hereto (the “Laser Signatory Shareholders”), A. Giordano Family Limited Partnership (the “Family Partnership”) having various partners including Anthony Giordano, EPG Limited, a limited liability company organized under the laws of the British Virgin Islands (“EPG”) having various members including Anthony Giordano, and Anthony Giordano (“Mr. Giordano” and together with Family Partnership and EPG, the “SCL Investors”).

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EMPLOYMENT AGREEMENT
Employment Agreement • June 18th, 2004 • Laser Recording Systems Inc • Services-computer integrated systems design • Delaware

EMPLOYMENT AGREEMENT effective as of April 1, 2004 (the “Commencement Date”) by and between SCL Ventures, Ltd. (the “Company”) and Amanda Harmon (the “Executive”) (this “Agreement”).

EQUITY JOINT VENTURE CONTRACT BETWEEN SCL VENTURES LTD. AND LI SHUN XING, LI XIANG NING, PANG DA QING, and XIE LI FOR THE ESTABLISHMENT OF: WEIDA COMMUNICATIONS TECHNOLOGY COMPANY LIMITED DATED AS OF AUGUST 26, 2004
Joint Venture Agreement • September 2nd, 2004 • Weida Communications, Inc. • Telephone communications (no radiotelephone)

Weida Communications Technology Company Limited (“Weida”), is a company incorporated in the People’s Republic of China (the “PRC”), whose legal address is at No.92-3, Bin Jiang West Road, Hai Zhu District, Guangzhou, Guangdong Province, PRC;

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