EARN-IN AGREEMENTEarn-in Agreement • March 3rd, 2010 • CHINA BAICAOTANG MEDICINE LTD • Wholesale-drugs, proprietaries & druggists' sundries • Hong Kong
This EARN-IN AGREEMENT (the “Agreement”) is amended as of Dec 30, 2009 (the “Effective Date”), between and among (i) Zhang Xiao Yan, a Hong Kong individual (the “Seller”); and (ii) the signatories to this Agreement indicated as “Buyers,”[Tang Hui Tian, Jiang You Ru, Liu Chun Lin, Wei Wen De, Wang Bang Fu, Zhao Ming An, Zhang Qing Qiu, Yang Xiao Jian, Meng Yuan Gang, Jiang Qi Feng, He Wen Heng, Liu Gong Chun, Jia Jun Wen, Tan Yu Jing, Li Jing Hua, Ye Yuan Jian] each an individual citizen of the People’s Republic of China (collectively, the “Buyers”) (each of the foregoing, a “Party” and together, the “Parties”). Capitalized terms not otherwise defined have the meanings assigned to them in Appendix A to this Agreement. As effective of this amendment, all previous earn-in agreements entered into are automatically ceased being effective.
Shares Pledge AgreementShares Pledge Agreement • March 3rd, 2010 • CHINA BAICAOTANG MEDICINE LTD • Wholesale-drugs, proprietaries & druggists' sundries
Through the friendly negotiation, Party A and Party B hereby, with respect to the issue that Party B pledgesits 51% of the shares it owns inthe Liuzhou Baicaotang Pharmaceutical Chain Co., Ltd to Party A, have reached the following agreements:
Translation of Individual Loan/ Security ContractLoan/Security Contract • March 3rd, 2010 • CHINA BAICAOTANG MEDICINE LTD • Wholesale-drugs, proprietaries & druggists' sundries
Each party of this contract, in accordance with relevant laws and regulations, on the equal and voluntary basis, in order to stipulating obligations, hereby executes this contract and agrees to comply with the provision of this contract.
Confirmation AgreementConfirmation Agreement • March 3rd, 2010 • CHINA BAICAOTANG MEDICINE LTD • Wholesale-drugs, proprietaries & druggists' sundries
Party B signed the "Personal loan / Guarantee contract"(2007,No.004 ) with Industrial and Commercial Bank of China Co., Ltd. Liuzhou Branch ,Longcheng Sub-Branch (hereinafter referred to as ICBC Longcheng sub-branch) on February 8th 2007. The loan agreement amount of RMB1,600,000 yuan ,term of the agreement for 96 months, and the repayment of the loan principal and interest on a monthly basis equal to repay the loan principal and interest way. Party C to provide a property as collateral.
Termination AgreementTermination Agreement • March 3rd, 2010 • CHINA BAICAOTANG MEDICINE LTD • Wholesale-drugs, proprietaries & druggists' sundries
Confirmation AgreementConfirmation Agreement • March 3rd, 2010 • CHINA BAICAOTANG MEDICINE LTD • Wholesale-drugs, proprietaries & druggists' sundries
Party B signed the "Personal loan / Guarantee contract"(2007,No.005) with Industrial and Commercial Bank of China Co., Ltd. Liuzhou Branch ,Longcheng Sub-Branch (hereinafter referred to as ICBC Longcheng sub-branch) on February 12th 2007. The loan agreement amount of RMB1,800,000 yuan ,term of the agreement for 96 months, and the repayment of the loan principal and interest on a monthly basis equal to repay the loan principal and interest way. Party C to provide a property as collateral.
LOCKUP AGREEMENTLockup Agreement • March 3rd, 2010 • CHINA BAICAOTANG MEDICINE LTD • Wholesale-drugs, proprietaries & druggists' sundries • Delaware
This AGREEMENT (the “Agreement”) is made as of the __ day of December, 2009, by the undersigned (the “Holder”), in connection with ownership of shares of Purden Lake Resource Corporation, a Delaware corporation (the “Company”).
