FIRST
      AMENDMENT TO 

     

    SECURITIES
      PURCHASE AGREEMENT

     

    This
      First Amendment to Securities Purchase Agreement, dated as of June 23, 2008
      (this “Agreement”), is entered into by and among Southern Sauce Company, Inc., a
      Florida corporation (the “Company”), Long Sunny Limited, a British Virgin
      Islands company (“Long Sunny”) and Vision Opportunity China LP, a closed-ended
      investment company incorporated in Guernsey (“Vision”). 

     

    WITNESSETH:

     

    WHEREAS,
      the Company, Long Sunny and Vision entered into a Securities Purchase Agreement
      dated as of June 10, 2008 (the “Purchase Agreement”), and

     

    WHEREAS,
      Section 3.25 of the Purchase Agreement did not reflect the understanding of
      the
      parties and the parties have agreed to amend said provisions, in the manner,
      and
      on the terms and conditions, set forth herein.

     

    NOW,
      THEREFORE, in consideration of the mutual promises herein contained and
      intending to be legally bound, the parties hereby agree as follows:

     

    1. Definitions.
      Capitalized terms not otherwise defined herein (including the Recitals) shall
      have the meanings ascribed to them in the Purchase Agreement.

     

    2. Amendment
      to Section 3.25 of the Purchase Agreement.
      Section
      3.25 of the Purchase Agreement is hereby amended and restated in its entirety
      as
      of the date hereof to read as follows:

     

    Section
      3.25 Exchange
      Listing.
      The
      Company shall list and trade its shares of Common Stock on the Nasdaq Capital
      Market or the Nasdaq Global Market or any successor market thereto
      (collectively, “Nasdaq”), or the American Stock Exchange or any successor market
      thereto (together with Nasdaq, each a “National Stock Exchange”) at the earliest
      possible time and shall take all commercially reasonable actions to fulfill
      the
      said requirement by no later than the date which is eighteen months after the
      First Closing Date. In the event the shares of Common Stock are not listed
      and
      trading on a National Stock Exchange by the date which is eighteen months from
      the First Closing Date and Vision believes, using reasonable judgment, that
      commercially reasonable actions have not been taken to meet such requirement,
      each of the stockholders of the Company as listed on Schedule 3.25 (each a
      “Principal Stockholder”; collectively, the “Principal Stockholders”) shall
      transfer such number of shares of Common Stock held by such Principal
      Stockholder as set forth opposite such Principal Stockholder’s name on Schedule
      3.25 (the “Listing Penalty Shares”) to the Purchasers to be distributed to the
      Purchasers on a pro rata basis. The number of Listing Penalty Shares to be
      transferred by each Principal Stockholder to the Purchasers shall be equal
      to
      1,000,000 shares of Common Stock times a fraction, the numerator of which is
      the
      number of shares of Common Stock held by such Principal Stockholder and the
      denominator of which is the total number of shares of Common Stock held by
      the
      Principal Stockholders. In the event the Principal Stockholders fail to transfer
      the Listing Penalty Shares by the date which is nineteen months after the First
      Closing Date, each Purchaser may elect, at each Purchaser’s sole discretion and
      upon notice to the Company, Escrow Agent and Principal Stockholders (each as
      defined in the Securities Escrow Agreement), to receive a portion of the Escrow
      Shares (as defined in the Securities Escrow Agreement) in such amount as set
      forth in the preceding sentence. In the event a Purchaser elects to receive
      shares of Common Stock from the Escrow Shares pursuant to the foregoing and
      if
      the Escrow Shares then remaining are insufficient to satisfy the Principal
      Stockholders’ obligations under Sections 1.3 and 1.4 of the Securities Escrow
      Agreement, the Principal Stockholders shall, on a pro rata basis, deliver to
      the
      Escrow Agent additional shares of Common Stock owned by them in the amounts
      released to such Purchaser within five (5) days of the release of such shares
      from escrow. Notwithstanding the foregoing to the contrary, the Principal
      Stockholders shall not be required to transfer such Listing Penalty Shares
      pursuant to this Section 3.25 if the Company has taken commercially reasonable
      actions to list and trade its Common Stock on a National Stock Exchange.


     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    3. Governing
      Law.
      This
      Agreement shall be governed by, and construed in accordance with, the internal
      laws of the State of New York. The representations and warranties contained
      in
      this Agreement shall survive the execution and delivery hereof and any
      investigations made by any party. The headings in this Agreement are for
      purposes of reference only and shall not limit or otherwise affect any of the
      terms thereof.

     

    4. Execution
      of Counterparts. This
      Agreement may be executed in a number of counterparts, by facsimile, each of
      which shall be deemed to be an original as of those whose signature appears
      thereon, and all of which shall together constitute one and the same instrument.
      This Agreement shall become binding when one or more of the counterparts hereof,
      individually or taken together, are signed by all the parties.

     

    


     

    [Signature
      Page to Follow]

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    IN
      WITNESS WHEREOF, the parties have executed and delivered this First Amendment
      to
      Securities Purchase Agreement on the day and year first above
      written.

    


     

    SOUTHERN
      SAUCE COMPANY, INC.

     

    By: 
      /s/
      Wang Chen_________________

    Name:
      Wang Chen

    Title:
      Chief Executive Officer

    


     

    LONG
      SUNNY LIMITED

     

    By: 
      /s/
      Wang Chen_________________

    Name:
      Wang Chen

    Title:
      Chief Executive Officer

     

     

    VISION
      OPPORTUNITY CHINA LP

     

    By: 
      /s/
      Adam Benowitz______________

    Name:
      Adam Benowitz

    Title:
      Authorized Signatory