REAL ESTATE SHARE ESCROW AGREEMENTReal Estate Share Escrow Agreement • August 27th, 2008 • China Valves Technology, Inc • Miscellaneous fabricated metal products • Virginia
REAL ESTATE SHARE ESCROW AGREEMENT (the “Agreement”), dated as of August 26, 2008, is entered into by and among CHINA VALVES TECHNOLOGY, INC., a Nevada corporation (the “Company”), BIN FANG (the “Principal”), BREAN MURRAY, CARRET & CO., LLC, as representative (together with its successors and assigns, the “Investor Representative”) of the Investors who are parties to the Purchase Agreement (as defined below), and Escrow, LLC, with an address at 20 Rock Pointe, Suite 204, Warrenton, VA 20186 (the “Escrow Agent”). Capitalized terms used, but not defined herein shall have the meanings set forth in the Securities Purchase Agreement, dated as of the date hereof among the Company, Hong Kong, WFOE and the Investors (the “Purchase Agreement”).
