Liping Deng, CEO China Agri-Business, Inc. Finance Plaza, 9th Floor Hi-Tech Road No. 42 Hi-Tech Industrial Development Zone Xi’An, Shaanxi China c/o Jeffrey A. Rinde, Esq. Hodgson Russ LLP CONFIDENTIAL Re: Business Advisory Agreement Dear Mr. Deng :Business Advisory Agreement • August 28th, 2009 • China Agri-Business, Inc. • Agricultural chemicals
Contract Type FiledAugust 28th, 2009 Company IndustryThis letter confirms our mutual understanding and agreement (“Agreement”) relating to the business advisory fees (“Fees”) payable to Legend Merchant Group, Inc. (“Legend”), China Agri-Business, Inc. (“Company”), a Maryland corporation, for Legend’s business advisory services rendered in connection with any equity and/or debt investment, merger, acquisition, partnership, joint venture, investment, strategic alliance or any other business combination (any such transaction is referred to herein as a “Transaction”), entered into by the Company with a business entity and/or individual ( “Entity”) that was introduced to the Company by Legend.