Ceo Share Pledge Agreement Sample Contracts

EXH. 10.7 CEO SHARE PLEDGE AGREEMENT
Ceo Share Pledge Agreement • February 15th, 2007 • Lotus Pharmaceuticals, Inc. • Pharmaceutical preparations • New York

CEO SHARE PLEDGE AGREEMENT (this "Agreement"), dated as of February 12, 2007, made by Liu Zhong Yi, an individual with a principal place of residence at No. 3, Fengtai Yungang Town Gaonan Li, Beijing, China 100074 (the "Pledgor"), in favor of S. Michael Rudolph, in his capacity as collateral agent (in such capacity, the "Collateral Agent") for the "Buyers" (as defined below) party to the Subscription Agreement, dated as of even date herewith (as amended, restated or otherwise modified from time to time, the "Subscription Agreement").

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