0001023175-07-000136 Sample Contracts

RESCISSION AGREEMENT
Rescission Agreement • June 15th, 2007 • Elite Artz, Inc • Retail-retail stores, nec

This Rescission Agreement (this "Agreement") is made and entered into effective as of June 15, 2007, by and between Elite Artz, Inc., a Nevada corporation (“Elite" or the “Company”), Wishtop Group Limited (“Wishtop”) and Grace Well Holdings Limited (“Grace Well”), Cheung Kai, the shareholder of Wishtop and Feng Di, the shareholder of Grace Well (collectively referred to herein as the “Shareholders”). This Agreement rescinds a certain Agreement for Share Exchange dated February 16, 2007.

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