TERMINATION AGREEMENTTermination Agreement • March 28th, 2011 • Buddha Steel, Inc. • Steel works, blast furnaces & rolling & finishing mills
THIS TERMINATION AGREEMENT (the “Termination Agreement”), is made and entered into as of March 22, 2011, by and among Buddha Steel, Inc., a Delaware corporation (“Buddha”); the majority shareholder of Buddha listed on Schedule A attached hereto and made a part hereof (the “Buddha Shareholder”); Gold Promise (Hong Kong) Group Co., Limited, a Hong Kong Corporation (“Gold Promise”); Hebei Anbang Investment Consultation Co., Ltd., a Chinese company (“HAIC”); and Dachang Hui Autonomous County Baosheng Steel Products Co., Ltd., a Chinese company (“Baosheng Steel”). Buddha, the Buddha Shareholder, Gold Promise, HAIC and Baosheng Steel are sometimes referred to herein collectively as the “Parties” and individually as the “Party”).
