SHARE EXCHANGE AGREEMENT BY AND AMONG TM ENTERTAINMENT AND MEDIA, INC. HONG KONG MANDEFU HOLDINGS LTD. FUJIAN ZHONG HENG EXPRESS INFORMATION TECHNOLOGY CO., LTD. FUJIAN FENZHONG MEDIA CO., LTD. THOUSAND SPACE HOLDING LIMITED BRIGHT ELITE MANAGEMENT...Share Exchange Agreement • May 15th, 2009 • TM Entertainment & Media, Inc. • Blank checks • New York
SHARE EXCHANGE AGREEMENT, dated as of May 1, 2009 (this “Agreement”), by and among TM ENTERTAINMENT AND MEDIA, INC., a corporation incorporated in the State of Delaware, USA (“TM” or, following the consummation of the Share Exchange (as defined below), the “Company”), HONG KONG MANDEFU HOLDINGS LTD, a limited company incorporated in Hong Kong (“HMDF”), FUJIAN ZHONG HENG EXPRESS INFORMATION TECHNOLOGY CO., LTD. a limited liability company established in the PRC and a wholly-owned subsidiary of HMDF (“ZH”), ZHENG CHENG, an individual, OU WEN LIN, an individual, and QINGPING LIN, an individual, FUJIAN FENZHONG MEDIA CO., LTD., a limited liability company operating in media business established in PRC (“FF” and, together with HMDF and ZH, the “HMDF Entities”), controlled by ZH by contractual agreements and arrangements, THOUSAND SPACE HOLDING LIMITED, a company organized under the laws of the British Virgin Islands (“Thousand”), and BRIGHT ELITE MANAGEMENT LIMITED, a company organized unde
AGREEMENTAgreement • May 15th, 2009 • TM Entertainment & Media, Inc. • Blank checks
WHEREAS, in connection with ongoing efforts of the Corporation to complete a Business Combination (as herein defined), Green has agreed to lend to the Corporation initially $200,000 plus up to an additional $100,000 in his sole discretion (the amount so loaned from time to time, the “Loan”) to fund ongoing expenses of the Corporation; and
