Fiscal Year 2013-2014 Consulting Agreement (Translation)
Exhibit 10.27
Fiscal Year 2013-2014 Consulting Agreement
(Translation)
Party A: China Logistics Group, Inc.
Party B: China Direct Investments, Inc.
After friendly consultations between both parties, Party A hereby agrees to engage Party B to provide consulting services in fiscal year 2013 and 2014 pursuant to the terms and conditions defined as follows.
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I.
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This agreement shall be executed during Party A’s fiscal year 2013 and 2014 that starts on January 1, 2013 and ends on December 31, 2014.
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II.
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Scope of consulting services provided by Party B:
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1.
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To maintain the Party A’s stock price and coordinate with its investor relation and capital raising.
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2.
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Help Party A to up list.
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3.
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Assist Party A’s appointment of independent directors, establishing the board of directors as required by the SEC.
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4.
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To coordinate the corporate matters on behalf of Party A including press release, investor relations, road shows, auditing, legal consultation, stock issuance, assisting in the opening of brokerage accounts and stock trading of CHLO’s related parties, English/Chinese translation of documents, corporation registration update with the State, tax return, file management, and other daily events of the public company.
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5.
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To coordinate the preparation and filing of all required public disclosures in the timely manner including but not limited to three 10Qs, annual report 10K,and 8-ks;
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6.
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To provide assistance in further improvement of internal controls;
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7.
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Develop Party A’s international business as required.
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8.
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Coordinate with Party A’s merger and acquisition process.
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III.
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Consulting fee:
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1.
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Party A shall issue 9,000,000 shares of its common stock to Party B as the compensation for the consulting services provided for each year. 18,000,000 shares in total.
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2.
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Party A shall not be responsible for the compensation to third party vendors for the corporate matters.
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3.
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Party B shall not own more than 10% of Party A’s total shares outstanding at any time.
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IV.
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This agreement shall take effect upon signatures and stamps of both parties.
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Party A: China Logistics Group, Inc.
Authorized Officer Signature: /s/ ▇▇▇ ▇▇▇▇
Date: July 18 2013
Party B: China Direct Investments, Inc.
Authorized Officer Signature: /s/ ▇▇▇▇▇ ▇▇▇▇
Date: July 18 2013
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