PLAN OF EXCHANGE BY WHICH Hairmax International, Inc. (a Nevada corporation) SHALL ACQUIRE Arcotect Digital Technology Ltd. (a corporation organized under the laws of hong kong)Agreement • April 26th, 2005 • China Digital Media Corp • Perfumes, cosmetics & other toilet preparations • Nevada
ADJUSTMENTS: lead This Plan of Exchange is made and dated this 28th day of December, 2004 and shall be construed and enforced together with the Letter of Intent signed between the parties on December 14, 2004 (the “LOI”) and the Escrow Agreement signed on December 14, 2004 (the “Escrow Agreement”). To the extent that there may be any inconsistency or conflict among this Agreement, the LOI and/or the Escrow Agreement, the Escrow Agreement shall prevail. This Agreement anticipates extensive due diligence by both parties, and may be terminated by written notice, at any time (i) by mutual consent; (ii) by any party during the due diligence phase.
