AGREEMENT AND PLAN OF MERGER BY AND BETWEEN EVERTON CAPITAL CORPORATION, A NEVADA CORPORATION AND CLEANTECH INNOVATIONS, INC., A NEVADA CORPORATIONMerger Agreement • November 4th, 2010 • CleanTech Innovations, Inc. • Miscellaneous fabricated metal products • Nevada
THIS AGREEMENT AND PLAN OF MERGER ("Agreement") is entered into this 18th day of June, 2010, by and between Everton Capital Corporation, a Nevada corporation (the "Parent Corporation"), with its principal executive offices located at Maoshan Industry Park, Tieling Economic Development Zone, Tieling, Liaoning Province, China 112616, and CleanTech Innovations, Inc., a Nevada corporation (the "Subsidiary Corporation"), with its registered agent’s office located at 4675 W. Teco Avenue, Suite 240, Las Vegas, Nevada 89118. In consideration of the covenants and conditions set forth herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
Patent License AgreementPatent License Agreement • November 4th, 2010 • CleanTech Innovations, Inc. • Miscellaneous fabricated metal products
— Whereas Party B Shenyang Industry University holds the patent for A Type of Lead-free Soft Solder Mixed with Rare Earth and its Preparation Method. This patent is a work made for hire, with its Patent No ZL 200510046911.9, Publication No. CN100352596C, application date on July 22, 2005. It also holds the relevant technical secret and technology.
