TERMINATION AGREEMENTTermination Agreement • June 19th, 2007 • China Properties Developments Inc • Land subdividers & developers (no cemeteries)
Reference is hereby made to a Purchase Agreement (the “Purchase Agreement”) dated February 16, 2006 by and among China Properties Developments, Inc., a Colorado corporation, and Shaanxi Xinyuan Real Estate Co. Ltd., a People’s Republic of China limited liability corporation, and certain selling shareholders of Shaanxi Xinyuan Real Estate Co. Ltd.
SECURITIES SUBSCRIPTION AGREEMENTSecurities Subscription Agreement • June 19th, 2007 • China Properties Developments Inc • Land subdividers & developers (no cemeteries)
This Securities Subscription Agreement is dated as of the 13th day of June, 2007 by and between the following parties: SUBSCRIBER/PURCHASER: China Properties Developments, Inc. 89 Chang’an Middle Rd. Yangming International Tower, Flrs. 26/27 Xi’an, China SELLER/COMPANY: Shaanxi Xinyuan Real Estate Co. Ltd 89 Chang’an Middle Rd. Yangming International Tower, Flrs. 26/27 Xi’an, China The parties hereto hereby agree as follows: 1. Sale and Purchase. Shaanxi Xinyuan Real Estate Co Ltd, (“Seller” or “Company”) a People’s Republic of China limited liability corporation, has offered for sale and China Properties Developments, Inc., (the “Subscriber” or “Purchaser”) hereby agrees to subscribe for and purchase new treasury shares of the Company such that the Purchaser will own 90% of the issued and outstanding share capital of the Company, in the form of Registered Capital after the purchase has been completed (the “Purchased Shares”). The purchase price for the Purchased Shares
