EXHIBIT 10.3
ADDITIONAL AGREEMENT
To Acquisition Agreement dated as of January 24th, 2008
THIS ADDITIONAL AGREEMENT (the "Additional Agreement") is made and entered into
as of May 2nd, 2008 (the "Effective Date") by and between
EMERGING MEDIA HOLDINGS Inc. (EMH) Company of USA, a Nevada corporation
(the "Company")
AND
MEDIA TOP PRIM Ltd. (MEDIA TOP PRIM), Rep. of Moldova Corporation
represented by Xxxx XXXX, acting on the base of Power of Attorney.
NOW THEREFORE, in consideration of the mutual promises and the
covenants and promises hereinafter contained, and other good and valuable
consideration, the receipt and sufficiency of which are hereby acknowledged, the
parties hereto, intending to be legally bound hereby, agree as follows:
SECTION 1. EXCHANGE OF SHARES
1.1 Exchange. The Shareholder will sell, convey, transfer and assign to the
Company, and the Company will purchase and accept from the Shareholder all
right, title and interest in and to the issued and outstanding shares of MTP
owned by Shareholder in exchange for 1,000,000 of preferred stock of the
Company.
SECTION 2. PURCHASE PRICE
2.1 Purchase Price. Within 5 business days the Company shall convey,
transfer, assign 1,000,000 of Preferred Stock of the Company in exchange for all
of the issued and outstanding shares of MTP held by Shareholders. The 1, 000,
000 preferred stock may be after a one-year holding period from the date of
acquisition herein, converted into restricted common stock on 1:1 basis (1
preferred stock for 1 restricted common stock) on condition that Company's stock
price will not be less then 4 US Dollars.
SECTION 8. SIGNATURES
EMERGING MEDIA HOLDINGS, Inc.
By: /s/ Xxxxx Xxxxxxx
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Xxxxx Xxxxxxx,CEO
MEDIA TOP PRIM Ltd.
By: /s/ Xxxx Xxxx
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Xxxx Xxxx, By Attorney
