Supplementary AgreementSupplementary Agreement • February 13th, 2015 • China Health Industries Holdings, Inc. • Pharmaceutical preparations
In view of the four parties signed the Stock Transfer Agreement (the “Original Agreement”) on December 24, 2014, the substance of the Agreement is that Party A purchases drug approval numbers from Party C. If the equity transfer were consummated, the Transferee should have involved in monthly tax declaration, employee insurance and housing fund, changes in tax registration, cancel of business license after the drug transfer-out and tax audits, etc., all of which will be complicated. After friendly negotiation, the four parities enter into this supplementary agreement (the “Agreement”).
