Waste Forest Land Transfer Agreement
Exhibit 10.10
Waste Forest Land Transfer Agreement
Article One Parties to This Agreement.
Party A: Chengshan Niu, a Harbin resident
Party B: Heilongjiang Yew Technology and Development Co., Ltd.
Article Two. Agreement
| 1. | Party A is willing to transfer the land use right to 125 mu of barren hills in Pingshan town Beichuan village, Harbin, to Party B for a term of 50 years and for purpose of the development of rare yew plants. |
| 2. | The ownership and right to use fish pond shall be transferred to party B |
| 3. | NanShan manual and natural forest clearance and Intermediate cuttings should be carried out by Party A under the guidance of Party A. The wood is used by the both parties under the agreement. |
| 4. | Transfer price: 2, 980 yuan per mu, a total of 372, 500 yuan for 125 mu; transfer price for the fish pond is 180, 000 yuan and the total transfer price is 552, 500 yuan. |
| 5. | Mountain forest resources shall be transferred to party B |
Article Three This Agreement shall take effect from the date sighed by both parties.
Signatures and Seals:
Party A: Chengshan Niu
Party B: Heilongjiang Yew Technology and Development Co., Ltd.
March 22, 2004
