Exhibit 10.1 RECISSION TO THE ASSET SALE PURCHASE AGREEMENT The undersigned parties, Suining Yinfa Construction and Engineering Co., Ltd., ("Seller") and International Building Technologies, Co., Ltd. ("Company") a Hong Kong Corporation and a...The Asset Sale Purchase Agreement • April 29th, 2008 • International Building Technologies Group, Inc. • Services-miscellaneous amusement & recreation
Contract Type FiledApril 29th, 2008 Company IndustryThe undersigned parties, Suining Yinfa Construction and Engineering Co., Ltd., ("Seller") and International Building Technologies, Co., Ltd. ("Company") a Hong Kong Corporation and a subsidiary of International Building Technologies Group, Inc., a US publicly traded company (OTCBB:INBG), having previously entered into a certain Asset Sale and Purchase Agreement (the "ASPA") on July 8, 2007, and subsequently amended on September 28, 2007 and December 5, 2007; herein mutually agree to the following: