Assignment of Subscription Agreement Sample Contracts

ASSIGNMENT OF SUBSCRIPTION AGREEMENT AND CANCELLATION OF PROMISSORY NOTE
Assignment of Subscription Agreement • April 6th, 2011 • China Tel Group Inc • Radiotelephone communications

This agreement for assignment of rights under a share subscription agreement and cancellation of a promissory note (“Assignment Agreement”) is effective as of April 4, 2011 (“Effective Date”) between ChinaTel Group, Inc. (“ChinaTel”) and Trussnet Capital Partners (HK) Ltd. (“TCP”). ChinaTel and TCP are each referred to as a “Party” and collectively as the “Parties.”

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