DIONICS, INC.
Exhibit 10.1
DIONICS, INC.
00 Xxxxxxxx Xxxxxx
Xxxxxxxx, Xxx Xxxx 00000
May 3, 2012
Shangrao Bai Xxx Xxxx Industrial Co., Ltd.
Xx. 0 Xxx Xxxx Xxxx
Xxxxxxxx Xxxx, Xxxxxxx Xxxxxxxx, Xxxxx
Ladies and Gentlemen:
Reference is hereby made to the Share Exchange Agreement (the “Agreement”) dated as of January 30, 2012, by and among Dionics, Inc, a Delaware corporation (“Dionics”), Shangrao Bai Xxx Xxxx Industrial Co., Ltd., a company incorporated in the People’s Republic of China (the “Company”), and the shareholders of the Company (the “Shareholders”).
Under terms of Section 4.03 and Section 8.01(b) of the Agreement, the Closing or the Closing Date is to occur on or before such date which is ninety (90) days from the execution of the Agreement. Notwithstanding anything to the contrary contained in the Agreement, the parties hereto hereby agree to amend the Agreement and extend the Closing or the Closing Date to on or before June 30, 2012.
Except to the extent specifically modified herein, all terms and provisions of the Agreement shall continue in full force and effect. This letter may be executed in one or more counterparts, each of which, when so executed, shall constitute an original and all of which shall constitute one instrument and be deemed effective on the date this letter is fully executed by the parties. The counterparts may be delivered by facsimile transmission or by electronic mail in portable document format (.pdf).
If the foregoing meets with your approval, please indicate your acceptance of the terms set forth in this letter by signing in the space provided below.
Sincerely yours,
DIONICS, INC.
/s/ Xxxxxxx X. Xxxxxxx
Xxxxxxx X. Xxxxxxx
President
AGREED TO AND ACCEPTED
THIS 3rd DAY OF MAY, 2012
Shangrao Bai Xxx Xxxx Industrial Co., Ltd.
By:
/s/ Xxxx Xxxx Xx
Xxxx Xxxx Xx, Chairman
Shareholders:
Xxxx Xxxx Xx
Xxxx Xxxx Xx
