AMENDMENT NO. 1 TO EXCLUSIVE AGENCY AGREEMENT DATED MARCH 17, 2008
Exhibit
10.24
AMENDMENT
NO. 1 TO EXCLUSIVE AGENCY AGREEMENT DATED
MARCH
17, 2008
Xinhua
Surgical Instruments Co., Ltd. (“Party A” or “Xinhua”) and Bio-Bridge Science,
Inc. (“Bio-Bridge” or “ Party B”) hereby at March 10, 2009 enter into the
following amendment to the Exclusive Agency Agreement (“the Agreement”) dated
March 17, 2008 to replace Section 5 of the Agreement.
5.
Minimum turnover per annum
Party B
shall undertake to place orders with Party A, for the above commodity, for not
less than USD 55,000 in the first year calculated from the signing date.
Annually, from the second year, the minimum order placement shall be
progressively increased with 10 percent of the previous year’s minimum order
placement.
This
Amendment is in two originals with each Party holding one copy.
Party A:
Xinhua Surgical Instruments Co., Ltd.
/s/ Xxxx
Xxxxxx
Xxxx
Xxxxxx
General
Manager
Party B:
Bio-Bridge Science, Inc.
/s/ Xxxxx
Xxxx
Xxxxx
Xxxx, M.D.
Chief
Executive Officer