Termination of Investment Agreement and Registration Rights AgreementTermination of Investment Agreement and Registration Rights Agreement • September 14th, 2010 • China Sun Group High-Tech Co • Industrial inorganic chemicals
Party A and Party B signed an investment agreement and registration rights agreement on August 18, 2010 and also filed the Form 8-K in the SEC. However, during the implementation of the work, both parties have noticed that some shareholders disagreed on this financing and both parties have the difficulties to reach a consensus on the amendments of the agreement terms. After the carefully consideration of this agreement, to ensure the interest of shareholders and to seek the best investment, both parties have agreed immediately to terminate the investment agreement and registration rights agreement under the premise of friendship and understanding.
