SHARE EXCHANGE AGREEMENT by and among China Real Estate Acquisition Corp. a Delaware corporation and Magic Ocean Limited A Cayman Islands company and Linda International Lighting Co., Ltd a Hong Kong corporation and the Shareholders of Linda...Share Exchange Agreement • April 30th, 2010 • China Real Estate Acquisition Corp. • Blank checks • Delaware
THIS SHARE EXCHANGE AGREEMENT (hereinafter referred to as this “Agreement”) is entered into as of this 28th day of April, 2010, by and among China Acquisition Corp., a Delaware corporation (hereinafter referred to as “China Acquisition”), Magic Ocean Limited a Cayman Islands Company “Magic Ocean”, Linda International Lighting Co., Ltd, a Hong Kong company (hereinafter referred to as “Linda Lighting”) and the shareholders of Linda Lighting (the “Linda Lighting Shareholders”), upon the following premises:
Equity Transfer Agreement By and Between Guangzhou Linda Electronic Co. Ltd. (as Transferor) and Hong Kong International Lighting Co. Ltd. (as Transferee) Dated: March 11, 2010Equity Transfer Agreement • April 30th, 2010 • China Real Estate Acquisition Corp. • Blank checks
Both the Transferor and Transferee are the shareholders of Guangzhou Linda Illumination Industrial Co., Ltd. in which Transferor holds 75% equity and Transferor holds 25% equity. In order to enhance economic benefits, based on the principle of good faith and mutual benefit, and in accordance with the relevant laws and regulations of the People’s Republic of China, the parties to this Agreement have reached the following agreement through friendly consultation:
