Assignment of Subscription Agreement and Cancellation of Promissory Note Sample Contracts

ASSIGNMENT OF SUBSCRIPTION AGREEMENT AND CANCELLATION OF PROMISSORY NOTE

Assignment of Subscription Agreement and Cancellation of Promissory Note • April 6th, 2011 • China Tel Group Inc • Radiotelephone communications

• Contract Type
  Assignment of Subscription Agreement and Cancellation of Promissory Note
• Filed
  April 6th, 2011
• Company
  China Tel Group Inc
• Industry
  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.”