FIRST AMENDMENT TO SHARE EXCHANGE AGREEMENT AND PLAN OF LIQUIDATIONShare Exchange Agreement • June 25th, 2014 • Aquasition Corp. • Blank checks
THIS FIRST AMENDMENT TO SHARE EXCHANGE AGREEMENT AND PLAN OF LIQUIDATION (this “First Amendment”), dated as of [___], 2014, is entered into by and among (a) Aquasition Corp., a company organized and existing under the laws of the Republic of the Marshall Islands (“AQU”); (b) KBS International Holdings, Inc., a Nevada corporation (“KBS”); (c) Hongri International Holdings Ltd., a company organized and existing under the laws of the British Virgin Islands (“Hongri” or the “Company”); and (d) Cheung So Wa and Chan Sun Keung, each an individual (each, a “Principal Stockholder”). Each of the foregoing is referred to as a “Party” and together as the “Parties.” Capitalized terms used herein but not defined have the meanings given to them in the Share Exchange Agreement (as defined below).
