SHARE EXCHANGE AGREEMENTShare Exchange Agreement • February 12th, 2004 • Process Equipment Inc • Special industry machinery (no metalworking machinery) • Delaware
THIS SHARE EXCHANGE AGREEMENT (this "Agreement"), is entered into as of the third day of February, 2004, by and among: (i) Process Equipment, Inc., a Nevada corporation (the "Corporation"), and (ii) Jade Profit Investment Limited, a British Virgin Islands limited liability corporation ("Jade"), as the parent of Hainan Quebec Ocean Fishing Co. Ltd., a People's Republic of China limited liability corporation ("HQ"). The Corporation, Jade and the stockholders of Jade listed on Schedule I hereto (the "Jade Stockholders") are referred to collectively as the "Parties."
