0001121781-05-000235 Sample Contracts

MEMORANDUM OF UNDERSTANDING
Memorandum of Understanding • September 30th, 2005 • Online Processing Inc • Services-prepackaged software

This Memorandum of Understanding (the “MOU”) is made and entered into this 28th day of September 2005 between and among Diguang International Holdings Ltd., a Company in British Virgin Islands (hereinafter referred to as “Diguang” or “Party A”), Chardan Capital, LLC and JLF, LLC, two companies in the United States of America (hereinafter referred to collectively as the “Investor” or “Party B”) and Online Processing, Inc, a listed company in the stock market of the United States of America (hereinafter referred to as “OLPC ” or “Party C” or “Shell”).

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Online Processing, Inc.
Online Processing Inc • September 30th, 2005 • Services-prepackaged software

Memorandum of Understanding (“MOU”) between Diguang International Holdings Company Ltd., a Company incorporated in the British Virgin Islands (“Diguang”) and Online Processing, Inc. (“OLPC”)

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