SECURITIES PURCHASE AGREEMENTSecurities Purchase Agreement • July 28th, 2010 • SMSA Palestine Acquistion Corp. • Blank checks • New York
This Securities Purchase Agreement (this "Agreement") is dated as of July __, 2010 among SMSA Palestine Acquisition Corp., a Nevada corporation (collectively with all predecessors thereof, the "Company"), Sino Oriental Agriculture Group Limited, a British Virgin Islands company (together with its direct and indirect subsidiaries "BVI"), Misaky Industry Limited, a Hong Kong company and a wholly-owned subsidiary of BVI (the "HK Sub"), Fujian YADA Group Co., Ltd., a wholly foreign-owned enterprise organized under the laws of the People's Republic of China ("WFOE") and a wholly-owned subsidiary of HK Sub, and the investors listed on the Schedule of Buyers attached hereto as Exhibit A and identified on the signature pages hereto (each, an "Investor" and collectively, the "Investors"), with respect to the following facts:
