Exhibit 10.1 


SHARE EXCHANGE AGREEMENT


THIS AGREEMENT is
made this 23rd day of March, 2014, by and between VR HOLDINGS, INC., a Delaware corporation (“VR Holdings”), CHINA
MPP VENTURES, LLC, a Maryland limited liability company (“CMPP”), MICHAEL H. ZHU (“Zhu”), MATTHEW A. LAPIDES
(“Lapides”), and DEOHGE CORPORATION, a Maryland corporation (“Deohge”).


WHEREAS, Zhu is
the majority owner of CMPP and has the authority to execute this Agreement on behalf of CMPP; and


WHEREAS, VR Holdings,
CMPP, and Zhu desire to enter into an agreement whereby VR Holdings will acquire all of the ownership interests of Enelco Environmental
Technologies Co., Ltd. and EETC USA, LLC (collectively referred to as “EETC”) both wholly owned subsiidaries of CMPP,
in exchange for shares of the capital stock of VR Holdings as set out in this Agreement; and


WHEREAS, Zhu is
an instrumental individual in affecting the growth strategy of VR Holdings to achieve its business objectives and has the deep
knowledge of the environmental technology industry; and


WHEREAS, Lapides
has been instrumental in introducing VR Holdings, CMPP, and Zhu to each other and arranging the terms of this Agreement; and


WHEREAS, Deohge
is the controlling stockholder of VR Holdings;


NOW, THEREFORE,
in consideration of the foregoing and the following mutual covenants and agreements, the parties agree as follows:


1.                  
Exchange. In exchange for all of the ownership interests in EETC, and in consideration
for the execution of this Agreement, VR Holdings shall issue to CMPP, promptly after the Closing of this Agreement (defined below),
48,000,000 shares of the common stock of VR Holdings, par value $0.000001 per share (the “VR Holdings Common Stock”)
for the acquisition of EETC. This new common stock issuance to CMPP is not eligible to receive any proceeds or stockholder distributions
as a result of a successful litigation outcome of the current lawsuit styled VR Holdings, INC, MML INC and Morton M. Lapides
v. Cerberus Capital Management, LP, MADELINE, LLC, Gordon Brothers Group, Warren Feder and Stephen A. Feinberg (the “Lawsuit”).


2.                  
Delivery to VR Holdings. At the Closing of this Agreement, CMPP shall deliver to VR
Holdings all ownership interests in EETC.


3.                  
Exchange of Shares by Deohge. In consideration for the execution of this Agreement,
VR Holdings shall issue to Deohge 25,000 shares of the VR Holdings Class A Convertible Preferred Stock (the “the VR Holdings
Class A Convertible Preferred Stock” to be created after the execution of this Agreement) promptly after the Closing of this
Agreement, in exchange for the cancellation of 250,000,000 shares of the VR Holdings Common Stock currently held by Deohge.


4.                  
Payments to Zhu. In exchange for the services rendered by Zhu in connection with this
Agreement and for Zhu’s further agreement to become a director and officer of VR Holdings, VR Holdings shall issue to Zhu,
promptly after the Closing of this Agreement (i)20,006,744 shares of the VR Holdings Common Stock, (ii) 15,066 shares of the VR
Holdings Class A Convertible Preferred Stock, and (iii) 3,617 shares of the VR Holdings Class B Convertible Preferred Stock (the
“the VR Holdings Class B Convertible Preferred Stock” to be created after the execution of this Agreement) all of which
is subject to the conditions as set forth in Paragraph 7 of this Agreement. Notwithstanding anything herein contained to the contrary,
any shares of the VR Holdings Common Stock, the VR Holdings Class A Convertible Preferred Stock, and the VR Holdings Class B Convertible
Preferred Stock to be issued to Zhu hereunder shall not be entitled or eligible to receive any proceeds or stockholder distributions
as a result of a successful litigation outcome of the Lawsuit.


5.                 Payments
to Lapides. In exchange for the services rendered by Lapides in connection with this Agreement, VR Holdings shall issue to
Lapides, promptly after the Closing of this Agreement, (a) 10,008,343 shares of the VR Holdings Common Stock, (b) 10,045 shares
of the VR Holdings Class A Convertible Preferred Stock, and  


	
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(c) 369 shares of the VR Holdings Class B Convertible Preferred Stock, all of which are subject to the conditions
as set forth in Paragraph 7 hereof.


6.                  
VR Holdings Common Stock and Preferred Stock. It is understood by the parties that
VR Holdings does not currently have a class of preferred stock. Promptly after the Closing of this Agreement, VR Holdings shall
take steps to amend its Certificate of Incorporation in the State of Delaware to increase to 5,000,000,000 its authorized shares
of VR Holdings Common Stock and to create a class of preferred stock sufficient to satisfy the terms of this Agreement. In that
regard, the VR Holdings Class A Convertible Preferred Stock and the VR Holdings Class B Convertible Preferred Stock shall have
the following designations and privileges:


(a)                
Each share of the VR Holdings Class A Convertible Preferred Stock shall be equivalent to 10,000
shares of the VR Holdings Common Stock. On all matters submitted to a vote of the holders of the VR Holdings Common Stock, including,
without limitation, the election of directors, a holder of shares of the VR Holdings Class A Convertible Preferred Stock shall
be entitled to the number of votes on such matters equal to the number of shares of the VR Holdings Class A Convertible Preferred
Stock held by such holder multiplied by 10,000. In addition, the VR Holdings Class A Convertible Preferred Stock shall have such
conversion, liquidation and redemption rights as will be agreed upon by the parties hereto and set out in a Certificate of Designation
for the VR Holdings Class A Convertible Preferred Stock.


(b)                
Each share of the VR Holdings Class B Convertible Preferred Stock shall be equivalent to 1,000,000
shares of the VR Holdings Common Stock. On all matters submitted to a vote of the holders of the VR Holdings Common Stock, including,
without limitation, the election of directors, a holder of shares of the VR Holdings Class B Convertible Preferred Stock shall
be entitled to the number of votes on such matters equal to the number of shares of the VR Holdings Class B Convertible Preferred
Stock held by such holder multiplied by 1,000,000. As will be set out in detail in a Certificate of Designation, the VR Holdings
Class B Convertible Preferred Stock shall have such conversion, liquidation and redemption rights as will be agreed upon by the
parties hereto. The shares of the VR Holdings Class B Convertible Preferred Stock shall be convertible into shares of the VR Holdings
Class A Convertible Preferred Stock; provided, however, the holders of the VR Holdings Class B Convertible Preferred Stock shall
be limited in their ability to convert their shares of the VR Holdings Class B Convertible Preferred Stock into shares of the VR
Holdings Class A Convertible Preferred Stock for a period of five years from the date of the Closing of this Agreement and only
after five years of continuous employment with VR Holdings.


7.                  
Issuance Milestones: The right to retain the shares of the VR Holdings Class A Convertible
Preferred Stock and the shares of the VR Holdings Class B Convertible Preferred Stock to be received by Zhu and Lapides hereunder
is conditioned upon the achievement of the following milestones:


(a)                
The receipt by VR Holdings of an initial $50,000.00 for the operational needs of VR Holdings
within 30 days of the Closing.


(b)                
The receipt by VR Holdings of an additional $150,000.00 and the completion of audited financial
statements for EETC which satisfy the auditing standards of the United States Securities and Exchange Commission (the “Audited
Financial Statements”) within 71 calendar days of the Closing.


(c)                
The receipt of at least $5,000,000.00 of additional capital commitments to support the growth
initiatives of VR Holdings and EETC, within 180 days of the Closing.


8.                  
Closing. The closing of this Agreement (the “Closing”) shall be on or before
April 30, 2014, subject to acceleration or postponement from time to time as the parties hereto may mutually agree. The Closing
shall be at 6030 Daybreak Circle, Suite A150/368, Clarksville, Maryland 21029 at 2:00 p.m. eastern time, unless another hour or
place is mutually agreed upon by the parties hereto.


9.                  
Restricted Shares. All shares of the VR Holdings Common Stock and the VR Holdings
Class A Convertible Preferred Stock and the VR Holdings Class B Convertible Preferred Stock to be received hereunder shall be
restricted in their resale as provided in the Securities Act of 1933, as amended (the “Securities Act”), and shall
contain a legend as required by the Securities Act, which shall read as follows:


	
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THE SHARES OF COMMON (PREFERRED)
STOCK REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES
ACT”), OR ANY STATE SECURITIES LAWS AND NEITHER SUCH SHARES NOR ANY INTEREST THEREIN MAY BE OFFERED, SOLD, PLEDGED, ASSIGNED
OR OTHERWISE TRANSFERRED UNLESS A REGISTRATION STATEMENT WITH RESPECT THERETO IS EFFECTIVE UNDER THE SECURITIES ACT AND ANY APPLICABLE
STATE SECURITIES LAWS, OR PURSUANT TO AN EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT.


10.               
Directors and Officers of the VR Holdings.


(a)                
Following the Closing, the Board of Directors of VR Holdings shall consist of Michael H. Zhu,
and Matthew A. Lapides, until the next annual meeting or until such time as their successors have been elected and qualified. Promptly
after the Closing, VR Holdings shall cause the necessary resolutions to be adopted to implement the requirements of this subparagraph.
As soon as convenient, CMPP shall appoint one new board member to the board of directors of VR Holdings.


(b)                
Following the Closing, the officers of VR Holdings shall be Matthew A. Lapides, President
and Chief Executive Officer, and Michael H. Zhu, Chief Operations Officer, Vice President, and Secretary, until the next annual
meeting or until such time as their successors have been elected and qualified. Promptly after the Closing, VR Holdings shall cause
the necessary resolutions to be adopted to implement the requirements of this subparagraph.


11.               
Covenant Not to Compete. It is recognized by the parties that the directors and officers
of VR Holdings may provide similar products and services that are and will continue to be international in scope and that geographical
limitations on the below described covenant not to compete and the non solicitation covenant are therefore not appropriate. Consequently,
for a period of two years from the Closing, on a world wide basis, the directors and officers of VR Holdings shall not:


(a)                
Canvas, solicit, or accept any business for any other person, partnership, firm, corporation
or other legal entity from any present or past customer of CMPP or VR Holdings, in connection with any business the same as that
of CMPP or VR Holdings on the date of this Agreement.


(b)                
Give any other person, partnership, firm, corporation or other legal entity the right to canvas,
solicit or accept any business for any other business, from any present or past customer of CMPP or VR Holdings, in connection
with any business the same as CMPP or VR Holdings on the date of this Agreement.


(c)                
Directly or indirectly request or advise any past, present or future customer of CMPP or VR
Holdings to withdraw, curtail or cancel its business for any other business, from any present or past customer of CMPP or VR Holdings,
in connection with any business the same as CMPP or VR Holdings on the date of this Agreement.


(d)                
Directly or indirectly disclose to any other person, partnership, firm, corporation or other
legal entity the names of past, present or future customers of CMPP or VR Holdings, in connection with any business the same as
CMPP or VR Holdings on the date of this Agreement.


(e)                
Directly or indirectly induce, or attempt to influence any employee of CMPP or VR Holdings
to terminate his employment.


(f)                 
Without the written consent of CMPP or VR Holdings, directly or indirectly employ or attempt
to employ any person, who, on the date of this Agreement or at any time during the two years before the date of this Agreement,
is or was an employee CMPP or VR Holdings, whether full or part-time.


(g)                
Directly or indirectly own, manage, operate, join or participate
in, or be connected as an officer, director, stockholder, employee, partner or otherwise with any business under any name similar
to CMPP or VR Holdings, or the name of CMPP or VR Holdings or any of its affiliated corporations, except as may otherwise be specifically
authorized by CMPP or VR Holdings.


	
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(h)                
Directly or indirectly compete with, or become interested in any competitor of CMPP or VR
Holdings in any business the same as CMPP or VR Holdings on the date of this Agreement.


At the Closing,
each director and officer of VR Holdings shall execute the VR Holdings Non-Competition Agreement described in Attachment A
hereto. Thereafter, any person who may become a director or officer of VR Holdings shall execute the VR Holdings Non-Competition
Agreement described in Attachment A hereto.


12.               
Remedies for Breach. If CMPP, Zhu or Lapides commits a breach, or threatens to commit
a breach, of any of the provisions of this Agreement, CMPP or VR Holdings shall have the following rights and remedies, in addition
to any others, each of which shall be independent of the other and severally enforceable:


(a)                
The right to have the provisions of this Agreement specifically enforced by any court having
equity jurisdiction, it being acknowledged and agreed that any such breach or threatened breach will cause irreparable injury to
CMPP or VR Holdings and that money damages will not provide an adequate remedy to CMPP or VR Holdings; and


(b)                
The right and remedy to require CMPP, Zhu and Lapides to account for and pay over to CMPP
or VR Holdings all compensation, profits, monies, accruals, increments, or other benefits (the “Benefits”) derived
or received by Zhu and Lapides as a result of any transactions constituting a breach of any of the provisions of this Agreement,
Zhu and Lapides agreeing to account for and pay over the Benefits as provided above.


13.               
Representation by Zhu. Zhu represents and warrants that he has the authority to execute
this Agreement on behalf of CMPP and that CMPP will be bound by all of the terms hereof.


14.               
Rescission. Notwithstanding anything herein contained to the contrary, in the event
that neither VR Holdings, CMPP, Lapides nor Zhu can provide or arrange (a) the initial $50,000.00 funding described in Paragraph
7(a) hereof for the operational needs of VR Holdings within 30 days after the Closing, (b) the additional $150,000.00 of capital
and the Audited Financial Statements described in Paragraph 7(b) hereof within 71 calendar days of the Closing, VR Holdings, and
(c) the additional $5,000,000.00 of capital funding described in Paragraph 7(c) hereof within 180 days of the Closing, VR Holdings,
Deohge and Lapides shall have a right to rescind this Agreement, in which event all shares of the VR Holdings Common Stock, the
VR Holdings Class A Convertible Preferred Stock, and the VR Holdings Class B Convertible Preferred Stock delivered to Zhu hereunder
shall be cancelled and immediately returned to VR Holdings and the entire ownership interests in EETC shall be immediately returned
by VR Holdings to CMPP. In the event of any such rescission (the “Rescission”), CMPP, Zhu and Lapides hereby agree
that the transfer agent for VR Holdings shall cancel any such shares the VR Holdings Common Stock, the VR Holdings Class A Convertible
Preferred Stock, and the VR Holdings Class B Convertible Preferred Stock delivered to Zhu hereunder, without any further permission
or agreement by Zhu.


15.               
Resignation of Zhu as a Director and Officer of VR Holdings. In the event of the Rescission,
Zhu shall be deemed to have resigned as a director and officer of VR Holdings.


16.               
Release of VR Holdings, Deohge, and Lapides. In the event of the Rescission, Zhu individually
and for each of his assigns, predecessors, successors, joint venturers, personal representatives, stockholders, officers, directors,
employees, underwriters, attorneys, and trustees, and any other person at interest therewith, without any further action, shall
be deemed to have released and forever discharged VR Holdings, Deohge, and Lapides (hereinafter sometimes referred to as the “VR
Holdings Parties”), individually and each of their assigns, predecessors, successors, joint venturers, personal representatives,
stockholders, officers, directors, employees, underwriters, attorneys, and trustees, and any other person at interest therewith,
from and against any and all claims, demands, debts, interest, expenses, dues, liens, liabilities, causes of action including court
costs or attorneys’ fees, or any other form of compensation, they may now own or hereafter acquire against the VR Holdings
Parties, whether statutory, in contract, in tort, either at law or in equity, including quantum meruit, as well as any other kind
or character of action on account of, growing out of, relating to or concerning, whether directly or indirectly, the exchange described
in this Agreement, and the any other instrument, agreement or transaction, whether written or oral, in connection with the exchange
described in this Agreement, or any other transaction or occurrence of any nature whatsoever occurring before the execution of
this Agreement.


17.               
Acknowledgment by Zhu. In the event of the Rescission, Zhu acknowledges
and agrees that the release and discharge set forth above will be a general release. Zhu further agree that in the
event of the Rescission,


	
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he
has executed this Agreement as a complete compromise of matters involving disputed issues of law and fact. Zhu further acknowledges
that the general release set forth hereinabove will have been given voluntarily, based solely upon the judgment of Zhu formed
after consultation with his attorney, and will not based upon any representations or statements of any kind or nature whatsoever
made by or on behalf of the VR Holdings Parties as to the liability, if any, of the VR Holdings Parties, or the value of the exchange
described in this Agreement, or any other matter relating thereto. Additionally, Zhu expressly states and acknowledges that no
promise, agreement, or representation, other than those expressed herein, have been made by the VR Holdings Parties to Zhu or
his attorney in order to induce the execution of this Agreement.


18.               
Release of Zhu. In the event of the Rescission, the VR Holdings Parties, individually
and for each of their assigns, predecessors, successors, joint venturers, personal representatives, stockholders, officers, directors,
employees, underwriters, attorneys, and trustees, and any other person at interest therewith, without any further action, shall
be deemed to have released and forever discharged Zhu individually and each of his assigns, predecessors, successors, joint venturers,
personal representatives, stockholders, officers, directors, employees, underwriters, attorneys, and trustees, and any other person
at interest therewith, from and against any and all claims, demands, debts, interest, expenses, dues, liens, liabilities, causes
of action including court costs or attorneys’ fees, or any other form of compensation, they may now own or hereafter acquire
against Zhu, whether statutory, in contract, in tort, either at law or in equity, including quantum meruit, as well as any other
kind or character of action on account of, growing out of, relating to or concerning, whether directly or indirectly, the exchange
described in this Agreement, any other instrument, agreement or transaction, whether written or oral, in connection with the exchange
described in this Agreement, or any other transaction or occurrence of any nature whatsoever occurring before the execution of
this Agreement.


19.               
Acknowledgment by the VR Holdings Parties. In the event of the Rescission, the VR Holdings
Parties acknowledge and agree that the release and discharge set forth above will be a general release. The VR Holdings
Parties further agree that they have executed this Agreement as a complete compromise of matters involving disputed issues of law
and fact. The VR Holdings Parties further acknowledge that the general release set forth hereinabove will have been given voluntarily,
based solely upon the judgment of the VR Holdings Parties formed after consultation with their attorney, and will not based upon
any representations or statements of any kind or nature whatsoever made by or on behalf of Zhu as to the liability, if any, of
Zhu, or the value of the exchange described in this Agreement, or any other matter relating thereto. Additionally, the VR Holdings
Parties expressly state and acknowledge that no promise, agreement, or representation, other than those expressed herein, have
been made by Zhu to the VR Holdings Parties or their attorney in order to induce the execution of this Agreement.


20.               
Covenant Not to Sue by Zhu. In the event of the Rescission, in consideration of this
Agreement and the other consideration recited herein, Zhu, individually and for each of his assigns, predecessors, successors,
joint venturers, personal representatives, stockholders, officers, directors, employees, underwriters, attorneys, and trustees,
and any other person at interest therewith, hereby agree not to sue, make any claims against, nor institute any action or proceeding,
nor seek recovery directly or indirectly against any of the VR Holdings Parties to recover damages of any kind or character, either
to person or property, resulting from the exchange described in this Agreement, or any other matter relating thereto.


21.               
Covenant Not to Sue by the VR Holdings Parties. In the event of the Rescission, in
consideration of this Agreement and the other consideration recited herein, the VR Holdings Parties, individually and for each
of their assigns, predecessors, successors, joint venturers, personal representatives, stockholders, officers, directors, employees,
underwriters, attorneys, and trustees, and any other person at interest therewith, hereby agree not to sue, make any claims against,
nor institute any action or proceeding, nor seek recovery directly or indirectly against Zhu to recover damages of any kind or
character, either to person or property, resulting from the exchange described in this Agreement, or any other matter relating
thereto.


22.               
Modification to this Agreement. The parties recognize that it may be necessary to modify
the terms of this Agreement, in which event all of the parties agree to make any changes which may be necessary to carry out the
intent of this Agreement.


23.               
Cooperation. The parties hereto will each cooperate with the other,
at the other’s request and expense, in furnishing information, testimony, and other assistance in connection with any actions,
proceedings, arrangements, disputes with other persons or governmental inquiries or investigations involving the parties hereto
or the transactions contemplated hereby.


	
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24.               
Further Conveyances and Assurances. After the Closing, the parties each, will, without
further cost or expense to, or consideration of any nature from the other, execute and deliver, or cause to be executed and delivered,
to the other, such additional documentation and instruments of transfer and conveyance, and will take such other and further actions,
as the other may reasonably request as more completely to consummate the transactions contemplated hereby.


25.               
Documents. All documents reflecting any actions taken, received or delivered by the
parties hereto shall be reasonably satisfactory in form and substance to each of the parties hereto and their counsel.


26.               
No Assignment. This Agreement shall not be assignable by any party without the prior
written consent of the other parties, which consent shall be subject to such party’s sole, absolute and unfettered discretion.


27.               
Brokerage. The parties hereto agree to indemnify and hold harmless each other against,
and in respect of, any claim for brokerage or other commissions relative to this Agreement, or the transactions contemplated hereby,
based in any way on agreements, arrangements, understandings or contracts made by either party with a third party or parties whatsoever.


28.               
Mediation and Arbitration. All disputes arising or related to this Agreement must exclusively
be resolved first by mediation with a mediator selected by the parties, with such mediation to be held in Baltimore, Maryland.
If such mediation fails, then any such dispute shall be resolved by binding arbitration under the Commercial Arbitration Rules
of the American Arbitration Association in effect at the time the arbitration proceeding commences, except that (a) Maryland law
and the Federal Arbitration Act must govern construction and effect, (b) the locale of any arbitration must be in Baltimore, Maryland,
and (c) the arbitrator must with the award provide written findings of fact and conclusions of law. Any party may seek from a court
of competent jurisdiction any provisional remedy that may be necessary to protect its rights or assets pending the selection of
the arbitrator or the arbitrator’s determination of the merits of the controversy. The exercise of such arbitration rights
by any party will not preclude the exercise of any self-help remedies (including without limitation, setoff rights) or the exercise
of any non-judicial foreclosure rights. An arbitration award may be entered in any court having jurisdiction.


29.               
Attorneys’ Fees. In the event that it should become necessary for any party entitled
hereunder to bring suit against any other party to this Agreement for a breach of this Agreement, the parties hereby covenant and
agree that the party who is found to be in breach of this Agreement shall also be liable for all reasonable attorneys’ fees
and costs of court incurred by the other parties. Provided, however, in the event that there has been no breach of this Agreement,
whether or not the transactions contemplated hereby are consummated, each party shall bear its own costs and expenses (including
any fees or disbursements of its counsel, accountants, brokers, investment bankers, and finder’s fees).


30.               
Benefit. All the terms and provisions of this Agreement shall be binding upon and inure
to the benefit of and be enforceable by the parties hereto, and their respective heirs, executors, administrators, personal representatives,
successors and permitted assigns.


31.               
Notices. All notices, requests, demands, and other communications hereunder shall be
in writing and delivered personally or sent by registered or certified United States mail, return receipt requested with postage
prepaid, or by telecopy or e-mail, if to VR Holdings, Lapides, and Deohge, addressed to Mr. Matthew A. Lapides at 1615 Chester
Road, Chester, Maryland 21619, telephone (443) 519-0129, telecopier (239) 384-9437, and e-mail ______________.com; and if to CMPP
or Zhu , addressed to Mr. Michael H. Zhu at 6030 Daybreak Circle, Suite A150/368, Clarksville, Maryland 21029, telephone (410)
698-1088, ext. 1, telecopier (410) 698-1087, and mobile (240) 565-8098. Any party hereto may change its address upon 10 days’
written notice to any other party hereto.


32.               
Construction. Words of any gender used in this Agreement shall be held and construed
to include any other gender, and words in the singular number shall be held to include the plural, and vice versa, unless the context
requires otherwise.


33.               
Waiver. No course of dealing on the part of any party hereto or
its agents, or any failure or delay by any such party with respect to exercising any right, power or privilege of such party under
this Agreement or any instrument referred to herein shall operate as a waiver thereof, and any single or partial exercise of any
such right, power or privilege shall not preclude any later exercise thereof or any exercise of any other right, power or privilege
hereunder or thereunder.


	
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34.               
Cumulative Rights. The rights and remedies of any party under this Agreement and the
instruments executed or to be executed in connection herewith, or any of them, shall be cumulative and the exercise or partial
exercise of any such right or remedy shall not preclude the exercise of any other right or remedy.


35.               
Invalidity. In the event any one or more of the provisions contained in this Agreement
or in any instrument referred to herein or executed in connection herewith shall, for any reason, be held to be invalid, illegal
or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect the other provisions of this
Agreement or any such other instrument.


36.               
Headings. The headings used in this Agreement are for convenience and reference only
and in no way define, limit, amplify or describe the scope or intent of this Agreement, and do not affect or constitute a part
of this Agreement.


37.               
Excusable Delay. The parties shall not be obligated to perform and shall not be deemed
to be in default hereunder, if the performance of a non-monetary obligation required hereunder is prevented by the occurrence of
any of the following, other than as the result of the financial inability of the party obligated to perform: acts of God, strikes,
lock-outs, other industrial disturbances, acts of a public enemy, war or war-like action (whether actual, impending or expected
and whether de jure or de facto), acts of terrorists, arrest or other restraint of government (civil or military), blockades, insurrections,
riots, epidemics, landslides, lightning, earthquakes, fires, hurricanes, storms, floods, washouts, sink holes, civil disturbances,
explosions, breakage or accident to equipment or machinery, confiscation or seizure by any government or public authority, nuclear
reaction or radiation, radioactive contamination or other causes, whether of the kind herein enumerated or otherwise, that are
not reasonably within the control of the party claiming the right to delay performance on account of such occurrence.


38.               
No Third-Party Beneficiary. Any agreement to pay an amount and any assumption of liability
contained in this Agreement, express or implied, shall be only for the benefit of the undersigned parties and their respective
successors and assigns (as herein expressly permitted), and such agreements and assumptions shall not inure to the benefit of the
obligees or any other party, whomsoever, it being the intention of the parties hereto that no one shall be or be deemed to be a
third-party beneficiary of this Agreement.


39.               
Time of the Essence. Time is of the essence of this Agreement.


40.               
Incorporation by Reference. The Attachments to this Agreement referred to or included
herein constitute integral parts to this Agreement and are incorporated into this Agreement by this reference.


41.               
Press Releases and Public Announcements. No party shall issue any press release or
make any public announcement relating to the subject matter of this Agreement prior to the Closing without the prior written approval
of the other parties; provided, however, that any party may make any public disclosure it believes in good faith is required by
applicable law or any listing or trading agreement concerning its publicly-traded securities (in which case the disclosing party
will use its efforts to advise the other parties prior to making the disclosure).


42.               
Multiple Counterparts. This Agreement may be executed in one or more counterparts,
each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. A facsimile
transmission or PDF copy of this signed Agreement shall be legal and binding on all parties hereto.


43.               
Controlling Agreement. In the event of any conflict between the terms of this Agreement
or any other agreements or exhibits referred to herein, the terms of this Agreement shall control.


44.               
Law Governing; Jurisdiction. This Agreement shall be governed by
and construed in accordance with the laws of the State of Maryland, without regard to any conflicts of laws provisions thereof.
Each party hereby irrevocably submits to the personal jurisdiction of the United States District Court for the District of Maryland,
as well as of the Courts of the State of Maryland in Baltimore County, Maryland over any suit, action or proceeding arising out
of or relating to this Agreement. Each party hereby irrevocably waives, to the fullest extent permitted by law, any objection
which it may now or hereafter have to the laying of the venue of any such mediation, arbitration, suit, action or proceeding brought
in any such county and any claim that any such mediation, arbitration, suit, action or proceeding brought in such county has been
brought in an inconvenient forum.


	
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45.               
Entire Agreement. This instrument and the attachments hereto contain the entire understanding
of the parties and may not be changed orally, but only by an instrument in writing signed by the party against whom enforcement
of any waiver, change, modification, extension, or discharge is sought.


IN WITNESS WHEREOF,
the parties have executed this Agreement as of the date first written above.


VR HOLDINGS, INC.


 


 


By /s/ Matthew A. Lapides


Matthew A. Lapides, President and Chief
Executive Officer


 


 


CHINA MPP VENTURES, LLC


 


 


By /s/ Michael H. Zhu


Michael H. Zhu, Managing Director


 


 


/s/ Michael H. Zhu


MICHAEL H. ZHU


 


 


/s/ Matthew A. Lapides


MATTHEW A. LAPIDES


 


 


DEOHGE CORPORATION


 


 


By /s/ Pamela W. Lapides


Pamela W. Lapides, Chief Executive Officer


 


Attachment:


Attachment A - VR Holdings Non-Competition
Agreement


 


 


 


 


 


 


 


 




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Attachment A


VR Holdings Non-Competition Agreement


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 






    	 



    	 



    






 


VR HOLDINGS, INC.


NON-COMPETITION AGREEMENT


THIS AGREEMENT is
made this ___ day of _______, 201___, by and between ___________________, a resident of ______ County, _______ (“XXXX”)
and VR HOLDINGS, INC., a Delaware corporation having its principal office and place of business in _____ County, Maryland (the
“Company”).


1.                  
Covenant Not to Compete. It is recognized by the parties that the directors and officers
of the Company may provide similar products and services that are and will continue to be international in scope and that geographical
limitations on the below described covenant not to compete and the non solicitation covenant are therefore not appropriate. Consequently,
for a period of two years from the date of this Agreement, on a world wide basis, the directors and officers of the Company shall
not:


(a)                
Canvas, solicit, or accept any business for any other person, partnership, firm, corporation
or other legal entity from any present or past customer of Company or any of its subsidiaries, including, but not limited to Enelco
Environmental Technologies Co., Ltd., EETC USA, LLC, both formerly wholly owned subsidiaries of CHINA MPP VENTURES, LLC, a Maryland
limited liability company, in connection with any business the same as that of the Company on the date of this Agreement.


(b)                
Give any other person, partnership, firm, corporation or other legal entity the right to canvas,
solicit or accept any business for any other business, from any present or past customer of Company, in connection with any business
the same as the Company on the date of this Agreement.


(c)                
Directly or indirectly request or advise any past, present or future customer of the Company
to withdraw, curtail or cancel its business for any other business, from any present or past customer of the Company, in connection
with any business the same as the Company on the date of this Agreement.


(d)                
Directly or indirectly disclose to any other person, partnership, firm, corporation or other
legal entity the names of past, present or future customers of the Company, in connection with any business the same as the Company
on the date of this Agreement.


(e)                
Directly or indirectly induce, or attempt to influence any employee of the Company to terminate
his employment.


(f)                 
Without the written consent of the Company, directly or indirectly employ or attempt to employ
any person, who, on the date of this Agreement or at any time during the two years before the date of this Agreement, is or was
an employee the Company, whether full or part-time.


(g)                
Directly or indirectly own, manage, operate, join or participate in, or be connected as an
officer, director, stockholder, employee, partner or otherwise with any business under any name similar to the Company, or the
name of the Company or any of its affiliated corporations, except as may otherwise be specifically authorized by the Company.


(h)                
Directly or indirectly compete with, or become interested in any competitor of the Company
in any business the same as the Company on the date of this Agreement.


(i)                  
This covenant on the part of XXXX shall be construed as an agreement independent of any other
provision of this Agreement and the existence of any claim or cause of action by XXXX against the Company, whether predicated on
this Agreement or otherwise, shall not constitute a defense to the enforcement by the Company of this covenant.


2.                  
Remedies for Breach. If XXXX commits a breach, or threatens to commit a breach, of
any of the provisions of this Agreement, the Company shall have the following rights and remedies, in addition to any others, each
of which shall be independent of the other and severally enforceable:



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(a)                
The right to have the provisions of this Agreement specifically enforced by any court having
equity jurisdiction, it being acknowledged and agreed that any such breach or threatened breach will cause irreparable injury to
the Company and that money damages will not provide an adequate remedy to the Company; and


(b)                
The right and remedy to require XXXX to account for and pay over to the Company all compensation,
profits, monies, accruals, increments, or other benefits (the “Benefits”) derived or received by XXXX as a result of
any transactions constituting a breach of any of the provisions of this Agreement, XXXX agreeing to account for and pay over the
Benefits as provided above.


3.                  
Confidentiality. All information relating to the business and affairs of the Company
shall be treated as Confidential Information by XXXX both during and after the term hereof. Except with the prior approval of the
Company, XXXX shall not disclose any of the Confidential Information at any time to any person except authorized personnel of the
Company and its affiliated corporations. All data, records and written material prepared or compiled by XXXX or furnished to XXXX
during the term hereof shall be the sole and exclusive property of the Company, and none of such data, records or written materials,
or copies thereof, shall be retained by XXXX after the term of this Agreement.


As used herein,
the term “Confidential Information” includes, without limitation, information and knowledge pertaining to products,
inventions, innovations, designs, ideas, plans, trade secrets, proprietary information, manufacturing, packaging, advertising,
distribution and sales methods and systems, sales and profit figures, customer and client lists, and relationships between the
Company and its affiliated corporations and dealers, distributors, customers, clients, suppliers and others who have had or will
have had business dealings with the Company and its affiliated corporations.


4.                  
Mediation and Arbitration. All disputes arising or related to this Agreement must exclusively
be resolved first by mediation with a mediator selected by the parties, with such mediation to be held in Baltimore, Maryland.
If such mediation fails, then any such dispute shall be resolved by binding arbitration under the Commercial Arbitration Rules
of the American Arbitration Association in effect at the time the arbitration proceeding commences, except that (a) Maryland law
and the Federal Arbitration Act must govern construction and effect, (b) the locale of any arbitration must be in Baltimore, Maryland,
and (c) the arbitrator must with the award provide written findings of fact and conclusions of law. Any party may seek from a court
of competent jurisdiction any provisional remedy that may be necessary to protect its rights or assets pending the selection of
the arbitrator or the arbitrator’s determination of the merits of the controversy. The exercise of such arbitration rights
by any party will not preclude the exercise of any self-help remedies (including without limitation, setoff rights) or the exercise
of any non-judicial foreclosure rights. An arbitration award may be entered in any court having jurisdiction.


5.                  
Attorneys’ Fees. In the event that it should become necessary for any party entitled
hereunder to bring suit against any other party to this Agreement for a breach of this Agreement, the parties hereby covenant and
agree that the party who is found to be in breach of this Agreement shall also be liable for all reasonable attorneys’ fees
and costs of court incurred by the other parties. Provided, however, in the event that there has been no breach of this Agreement,
whether or not the transactions contemplated hereby are consummated, each party shall bear its own costs and expenses (including
any fees or disbursements of its counsel, accountants, brokers, investment bankers, and finder’s fees).


6.                  
Benefit. All the terms and provisions of this Agreement shall be binding upon and inure
to the benefit of and be enforceable by the parties hereto, and their respective heirs, executors, administrators, personal representatives,
successors and permitted assigns.


7.                  
Notices. All notices, requests, demands, and other communications hereunder shall be
in writing and delivered personally or sent by registered or certified United States mail, return receipt requested with postage
prepaid, or by telecopy or e-mail, if to the Company, addressed to Mr. Matthew A. Lapides at 1615 Chester Road, Chester, Maryland
21619, telephone (443) 519-0129, telecopier (239) 384-9437, and e-mail mlapides@accordiawealth.com; and if to XXXX, addressed to
Mr. ________ at ______________. Any party hereto may change its address upon 10 days’ written notice to any other party hereto.



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8.                  
Construction. Words of any gender used in this Agreement shall be held and construed
to include any other gender, and words in the singular number shall be held to include the plural, and vice versa, unless the context
requires otherwise.


9.                  
Waiver. No course of dealing on the part of any party hereto or its agents, or any
failure or delay by any such party with respect to exercising any right, power or privilege of such party under this Agreement
or any instrument referred to herein shall operate as a waiver thereof, and any single or partial exercise of any such right, power
or privilege shall not preclude any later exercise thereof or any exercise of any other right, power or privilege hereunder or
thereunder.


10.               
Cumulative Rights. The rights and remedies of any party under this Agreement and the
instruments executed or to be executed in connection herewith, or any of them, shall be cumulative and the exercise or partial
exercise of any such right or remedy shall not preclude the exercise of any other right or remedy.


11.               
Invalidity. In the event any one or more of the provisions contained in this Agreement
or in any instrument referred to herein or executed in connection herewith shall, for any reason, be held to be invalid, illegal
or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect the other provisions of this
Agreement or any such other instrument.


12.               
Headings. The headings used in this Agreement are for convenience and reference only
and in no way define, limit, amplify or describe the scope or intent of this Agreement, and do not affect or constitute a part
of this Agreement.


13.               
Excusable Delay. The parties shall not be obligated to perform and shall not be deemed
to be in default hereunder, if the performance of a non-monetary obligation required hereunder is prevented by the occurrence of
any of the following, other than as the result of the financial inability of the party obligated to perform: acts of God, strikes,
lock-outs, other industrial disturbances, acts of a public enemy, war or war-like action (whether actual, impending or expected
and whether de jure or de facto), acts of terrorists, arrest or other restraint of government (civil or military), blockades, insurrections,
riots, epidemics, landslides, lightning, earthquakes, fires, hurricanes, storms, floods, washouts, sink holes, civil disturbances,
explosions, breakage or accident to equipment or machinery, confiscation or seizure by any government or public authority, nuclear
reaction or radiation, radioactive contamination or other causes, whether of the kind herein enumerated or otherwise, that are
not reasonably within the control of the party claiming the right to delay performance on account of such occurrence.


14.               
No Third-Party Beneficiary. Any agreement to pay an amount and any assumption of liability
contained in this Agreement, express or implied, shall be only for the benefit of the undersigned parties and their respective
successors and assigns (as herein expressly permitted), and such agreements and assumptions shall not inure to the benefit of the
obligees or any other party, whomsoever, it being the intention of the parties hereto that no one shall be or be deemed to be a
third-party beneficiary of this Agreement.


15.               
Time of the Essence. Time is of the essence of this Agreement.


16.               
Multiple Counterparts. This Agreement may be executed in one or more counterparts,
each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. A facsimile
transmission or PDF copy of this signed Agreement shall be legal and binding on all parties hereto.


17.               
Law Governing; Jurisdiction. This Agreement shall be governed by and construed in accordance
with the laws of the State of Maryland, without regard to any conflicts of laws provisions thereof. Each party hereby irrevocably
submits to the personal jurisdiction of the United States District Court for the District of Maryland, as well as of the Courts
of the State of Maryland in Baltimore County, Maryland over any suit, action or proceeding arising out of or relating to this Agreement.
Each party hereby irrevocably waives, to the fullest extent permitted by law, any objection which it may now or hereafter have
to the laying of the venue of any such mediation, arbitration, suit, action or proceeding brought in any such county and any claim
that any such mediation, arbitration, suit, action or proceeding brought in such county has been brought in an inconvenient forum.



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18.               
Entire Agreement. This instrument and the attachments hereto contain the entire understanding
of the parties and may not be changed orally, but only by an instrument in writing signed by the party against whom enforcement
of any waiver, change, modification, extension, or discharge is sought.


IN WITNESS WHEREOF, the
parties have executed this Agreement on the date first written above.


 


 


VR HOLDINGS, INC.


 


 


 


By_______________________________________


Matthew A. Lapides,
Chief Executive Officer


 


 


 


_________________________________________


XXXX


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 






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