AMENDMENT TO STOCK TRANSFER AGREEMENT
EXHIBIT 10.1
AMENDMENT TO STOCK TRANSFER Agreement and AMONG PHILUX GLOBAL Group Inc. (f/k/a PHI GROUP, INC.), Tin Xxxxx Group Joint Stock Company (“TTG”) and Xx. Xxxx Xxxx Xxxxx, the holder of at least fifty-one percent (51.00%) of equity ownership in TTG.
AMENDMENT TO STOCK TRANSFER AGREEMENT
THIS AMENDMENT (this “Amendment”) is made effective as of October 03, 2022 with respect to the STOCK TRANSFER AGREEMENT dated August 13, 2022, among Philux Global Group Inc. (f/k/a PHI Group, Inc.) a U.S. public company duly organized and existing by virtue of the laws of the State Wyoming, U.S.A. with principal address at 0000 Xxxx Xxxxxx, Xxxxxx, XX 00000, U.S.A., hereinafter referred to as “PGG”, Tin Xxxxx Group Joint Stock Company, a joint stock company organized and existing by virtue of the laws of Socialist Republic of Vietnam, with principal business address at 71 Xxx Xxxxx Street, Xxxx 2, Xxx Xxxx District, Ho Chi Minh City, Vietnam, hereinafter referred to as “TTG” and Xx. Xxxx Xxxx Xxxxx, the holder of at least fifty-one percent (51.00%) of equity ownership in TTG as of the effective date of said Stock Transfer Agreement (the “Majority Shareholder”), hereinafter referred to as “Seller.”
All the parties herein agree to the following item of this Amendment:
7. CLOSING
7.1 Closing Date. The Closing Date shall be within ninety (90) days following the signing of the Stock Transfer Agreement, unless amended otherwise in writing by TTG, the Majority Shareholder and PGG.
IN WITNESS WHEREOF the parties hereto have executed this Amendment to the referenced Stock Transfer Agreement as of the day and year written below.
| Dated: October 3, 2022 | Dated: October 3, 2022 | |||
| TIN XXXXX GROUP JSC | MAJORITY SHAREHOLDER/SELLER | |||
| a Vietnamese Joint Stock Company | ||||
| By: | /signed and sealed/ Xxxx Xxxx Xxxxx | By: | /s/ Xxxx Xxxx Xxxxx | |
| Xxxx Xxxx Xxxxx | Xxxx Xxxx Xxxxx | |||
| Chairman & Chief Executive Officer | An individual | |||
| Dated: October 3, 2022 | ||
| PHILUX GLOBAL GROUP INC. | ||
| A Wyoming corporation | ||
| By: | /signed and sealed/ Xxxxx D Xxxxxx | |
| Xxxxx X. Xxxxxx | ||
| Chairman & Chief Executive Officer | ||
