Document:

Fuhuiyuan International Holdings Ltd.: Exhibit 10.1 - Filed by newsfilecorp.com

SHARE PURCHASE AND SALE AGREEMENT 

THIS AGREEMENT is made effective as of the 1st day of
January, 2014 

AMONG: 

FUHUIYUAN INTERNATIONAL HOLDINGS
LIMITED. a State of 
Nevada corporation having its executive officer at
Suite 204, 15615 102 
Avenue, Edmonton, Alberta Canada. 

(“Pubco”) 

AND: 

KWEST INVESTMENTS & DEVELOPMENT
INC., an Alberta 
corporation with an office at Suite 204, 15615 102
Avenue, Edmonton, 
Alberta, Canada. 

 (“Subco”) 

AND: 

THE UNDERSIGNED SUBCOPURCHASERS AS
LISTED ON 
SCHEDULE 1 ATTACHED HERETO 

(the “Purchasers”) 

WHEREAS: 

	A. 	
      Pubco is the registered and beneficial owners of 100% of
      the issued and outstanding securities in the capital stock of Subco;
      and

	 	 
	B. 	
      The Purchasers wish to purchase, and Pubco wishes to
      sell, 100% of the issued and outstanding securities in the capital stock
      of Subco.

THEREFORE, in consideration of the mutual covenants and
agreements herein contained and other good and valuable consideration (the
receipt and sufficiency of which are hereby acknowledged), the parties covenant
and agree as follows: 

	1. 	
      DEFINITIONS

	 	1.1 	
      Definitions. The following terms have the
      following meanings, unless the context indicates
  otherwise:

	 	(a) 	
      “Agreement” shall mean this Agreement, and all the
      exhibits, schedules and other documents attached to or referred to in this
      Agreement, and all amendments and supplements, if any, to this
      Agreement;

	 	 	 
	 	(b) 	
      “Closing” shall mean the completion of the
      Transaction, in accordance with Section 6 hereof, at which the Closing
      Documents shall be exchanged by the parties, except for those documents or
      other items specifically required to be exchanged at a later
  time;

- 2 - 

	 	(c) 	
      “Closing Date” shall mean a date mutually agreed
      upon by the parties hereto in writing and in accordance with Section 9.6
      following the satisfaction or waiver by Pubco and the Purchasers of the
      conditions precedent set out in Sections 5.1 and 5.2
  respectively;

	 	 	 
	 	(d) 	
      “Closing Documents” shall mean the papers,
      instruments and documents required to be executed and delivered at the
      Closing pursuant to this Agreement;

	 	 	 
	 	(e) 	
      “Exchange Act” shall mean the United States
      Securities Exchange Act of 1934, as amended;

	 	 	 
	 	(f) 	
      “Liabilities” shall include any direct or indirect
      indebtedness, guaranty, endorsement, claim, loss, damage, deficiency,
      cost, expense, obligation or responsibility, fixed or unfixed, known or
      unknown, asserted choate or inchoate, liquidated or unliquidated, secured
      or unsecured;

	 	 	 
	 	(g) 	
      “Purchase Price” shall mean one hundred United
      States Dollars (USD$100) payable in cash or by cheque.

	 	 	 
	 	(h) 	
      “Subco Shares” shall mean the 200 common shares of
      Subco held by Pubco, being 100% of the issued and outstanding securities
      of Subco;

	 	 	 
	 	(i) 	
      “Pubco Shares” shall mean the 3,000,000 fully paid
      and non-assessable common shares of Pubco held by the Purchasers as set
      out in Schedule 1 hereto, to be tendered to Pubco upon the
  Closing.

	 	 	 
	 	(j) 	
      “SEC” shall mean the Securities and Exchange
      Commission;

	 	 	 
	 	(k) 	
      “Securities Act” shall mean the United States
      Securities Act of 1933, as amended;

	 	 	 
	 	(l) 	
      “Taxes” shall include international, federal,
      state, provincial and local income taxes, capital gains tax, value-added
      taxes, franchise, personal property and real property taxes, levies,
      assessments, tariffs, duties (including any customs duty), business
      license or other fees, sales, use and any other taxes relating to the
      assets of the designated party or the business of the designated party for
      all periods up to and including the Closing Date, together with any
      related charge or amount, including interest, fines, penalties and
      additions to tax, if any, arising out of tax assessments; and

	 	 	 
	 	(m) 	
      “Transaction” shall mean the purchase of the Subco
      Shares by the Purchasers from Priveco in consideration of the Purchase
      Price and the delivery of the Pubco Shares.

	 	1.2 	
      Schedules. The following schedules are attached to
      and form part of this Agreement:

	Schedule 1 	– 	Purchasers 
	Schedule 2 	– 	Bill of Sale 
	Schedule 3 	– 	Directors and Officers of Subco
    
	Schedule 4 	– 	Subco Material Contracts

	 	1.3 	
      Currency. All references to currency referred to
      in this Agreement are in United States Dollars (US$), unless expressly
      stated otherwise.

- 3 - 

	2. 	
      THE OFFER, PURCHASE AND SALE OF
    SHARES

	 	2.1 	
      Offer, Purchase and Sale of Shares. Subject to the
      terms and conditions of this Agreement, the Pubco hereby covenants and
      agrees to sell, assign and transfer to the Purchasers, and the Purchasers
      hereby covenant and agree to purchase from Pubco all of the Subco Shares
      held by Pubco.

	 	 	 
	 	2.2 	
      Consideration. As consideration for the sale of
      the Subco Shares by Pubco o the Purchasers , the Purchasers shall tender
      to Pubco upon or prior to the Closing (i) the Purchase Price and (ii)
      certificates representing the Pubco Shares delivered in accordance with
      below Section 2.3.

	 	 	 
	 	2.3 	
      Procedure for delivery of Pubco Shares. Each
      Purchaser shall tender his, her or its certificate representing the Pubco
      Shares by delivering such certificate to Pubco duly executed and endorsed
      in blank (or accompanied by duly executed stock powers duly endorsed in
      blank), in each case in proper form for transfer, with signatures
      guaranteed, and, if applicable, with all stock transfer and any other
      required documentary stamps affixed thereto and with appropriate
      instructions to allow the transfer agent to cancel the Pubco Shares.
    .

	 	 	 
	 	2.4 	
      Procedure for Delivery of Subco Shares. Pubco
      shall transfer to the Purchasers or their nominees the Subco Shares (in
      un-certificated form) in the amount set out opposite each Purchasers name
      in Schedule 1. The transfer shall be effected by execution and delivery of
      a bill of sale in the form attached hereto as Schedule
2.

	3. 	
      REPRESENTATIONS AND WARRANTIES OF
    PUBCO

	 	 
		
      Subco and Pubco, jointly and severally, represent and
      warrant to the Purchasers in connection with the execution, delivery and
      performance of this Agreement, as follows:

	 	3.1 	
      Organization and Good Standing. Subco is a
      corporation duly organized, validly existing and in good standing under
      the laws of the Province of Alberta and has the requisite corporate power
      and authority to own, lease and to carry on its business as now being
      conducted. Subco is duly qualified to do business and is in good standing
      as a corporation in each of the jurisdictions in which Subco owns
      property, leases property, does business, or is otherwise required to do
      so, where the failure to be so qualified would have a material adverse
      effect on the business of Subco taken as a whole.

	 	 	 
	 	3.2 	
      Authority. Each Pubco and Subco has all requisite
      corporate power and authority to execute and deliver this Agreement and
      any other document contemplated by this Agreement (collectively, the
      “Pubco Documents”) to be signed by Pubco or Subco and to perform
      their respective obligations hereunder and to consummate the transactions
      contemplated hereby.

	 	 	 
	 	3.3 	
      Capitalization of Subco. The entire authorized
      capital stock and other equity securities of Subco consists of 200 common
      shares with a price of CDN$1.00 per share (the “Subco Common
      Stock”) and no preference shares. As of the date of this Agreement,
      there are 200 shares of Subco Common Stock issued and outstanding. All of
      the issued and outstanding shares of Subco Common Stock have been duly
      authorized, are validly issued, were not issued in violation of, or
      subject to, any pre-emptive rights and are fully paid and non- assessable,
      the whole in full compliance with the laws of the Province of Alberta.
      There are no outstanding options, warrants, subscriptions,
      conversion rights, or other rights, agreements, or commitments obligating
      Subco to issue any additional common shares of Subco Common Stock, or any
      other securities convertible into, exchangeable for, or evidencing the
      right to subscribe for or acquire from Subco any common shares of Subco
      Common Stock. There are no agreements purporting to restrict the transfer
      of the Subco Common Stock, no voting agreements, shareholders’ agreements,
      voting trusts, or other arrangements restricting or affecting the voting
  of the Subco Common Stock.

- 4 - 

	 	3.4 	
      Title and Authority of Pubco. Pubco is and will
      be, immediately prior to the Closing, the registered and beneficial owner
      of and will have good and marketable title to all of the Subco Common
      Stock held by it and will hold such free and clear of all liens, charges
      and encumbrances whatsoever.

	 	 	 
	 	3.5 	
      Directors and Officers of Subco. The duly elected
      or appointed directors and the duly appointed officers of Subco are as set
      out in Schedule 3.

	 	 	 
	 	3.6 	
      Actions and Proceedings. To the best knowledge of
      Pubco and Subco, there is no basis for and there is no action, suit,
      judgment, claim, demand or proceeding outstanding or pending, or
      threatened against or affecting Subco, any of its subsidiaries or which
      involves any of the business, or the properties or assets of Subco or any
      of its subsidiaries that, if adversely resolved or determined, would have
      a material adverse effect on the business, operations, assets, properties,
      prospects, or conditions of Subco and its subsidiaries taken as a whole (a
      “Subco Material Adverse Effect”). There is no reasonable basis for
      any claim or action that, based upon the likelihood of its being asserted
      and its success if asserted, would have such a Subco Material Adverse
      Effect.

	 	 	 
	 	3.7 	
      Absence of Undisclosed Liabilities. Neither Subco
      nor any of its subsidiaries has any material Liabilities or obligations
      either direct or indirect, matured or unmatured, absolute, contingent or
      otherwise that exceed $5,000, unless otherwise disclosed to the
      Purchasers.

	 	 	 
	 	3.8 	
      Material Contracts. Schedule 4 attached hereto
      lists each material contract, agreement, license, permit, arrangement,
      commitment, instrument or contract to which Subco or any of its
      subsidiaries is a party (each, a “Contract”). Each Contract is in
      full force and effect, and there exists no material breach or violation of
      or default by Subco or any of its subsidiaries under any Contract, or any
      event that with notice or the lapse of time, or both, will create a
      material breach or violation thereof or default under any Contract by
      Subco or any of its subsidiaries. The continuation, validity, and
      effectiveness of each Contract will in no way be affected by the
      consummation of the Transaction contemplated by this Agreement. There
      exists no actual or threatened termination, cancellation, or limitation
      of, or any amendment, modification, or change to any Contract.

	 	 	 
	 	3.9 	
      Certain Transactions. Subco is not a guarantor or
      indemnitor of any indebtedness of any third party, including any person,
      firm or corporation.

	 	 	 
	 	3.10 	
      Completeness of Disclosure. No representation or
      warranty by Pubco or Subco in this Agreement nor any certificate,
      schedule, statement, document or instrument furnished or to be furnished
      to the Purchasers pursuant hereto contains or will contain any untrue
      statement of a material fact or omits or will omit to state a material
      fact required to be stated herein or therein or necessary to make any
      statement herein or therein not materially
misleading.

- 5 - 

Notwithstanding section 9.1 hereof, the representations and
warranties contained in this Section 3 shall survive the Closing indefinitely.

	4. 	
      REPRESENTATIONS AND WARRANTIES OF THE
      PURCHASERS

The Purchasers jointly and severally represent and warrant to
Pubco in connection with the execution, delivery and performance of this
Agreement, notwithstanding any investigation made by or on behalf of Pubco as
follows: 

	4.1 	
      Title and Authority of the Purchasers. Each
      Purchaser is and will be immediately prior to the Closing, the registered
      and beneficial owner, of and will have good and marketable title to all of
      the Pubco Shares held by him, her or it and will hold such free and clear
      of all liens, charges and encumbrances whatsoever. Each of the Selling
      Shareholders has due and sufficient right and authority to enter into this
      Agreement on the terms and conditions herein set forth and to transfer to
      Pubco the registered, legal and beneficial title and ownership of the
      Pubco Common Stock held by it.

	 	 
	5. 	
      CLOSING
CONDITIONS

	 	5.1 	
      Conditions Precedent to Closing by Pubco. The
      obligation of Pubco to consummate the Transaction is subject to the
      satisfaction or written waiver of the conditions set forth below by a date
      mutually agreed upon by the parties hereto in writing and in accordance
      with Section 9.6. The Closing of the Transaction contemplated by this
      Agreement will be deemed to mean a waiver of all conditions to Closing.
      These conditions precedent are for the benefit of Pubco and may be waived
      by Pubco in its sole discretion.

	 	 	 	 	 
	 		(a) 	
      Representations and Warranties. The
      representations and warranties of Subco and the Selling Shareholders set
      forth in this Agreement will be true, correct and complete in all respects
      as of the Closing Date, as though made on and as of the Closing
    Date.

	 	 	 	 	 
	 		(b) 	
      Performance. All of the covenants and obligations
      that the Purchasers are required to perform or to comply with pursuant to
      this Agreement at or prior to the Closing must have been performed and
      complied with in all material respects.

	 	 	 	 	 
	 		(c) 	
      Transaction Documents. This Agreement, the Subco
      Documents, and all other documents necessary or reasonably required to
      consummate the Transaction, all in form and substance reasonably
      satisfactory to Pubco, will have been executed and delivered to
    Pubco.

	 	 	 	 	 
	 		(d) 	
      No Action. No suit, action, or proceeding will be
      pending or threatened which would:

	 	 	 	 	 
	 			(i) 	
      prevent the consummation of any of the transactions
      contemplated by this Agreement; or

	 	 	 	 	 
	 			(ii) 	
      cause the Transaction to be rescinded following
      consummation.

	 	 	 	 	 
	 	5.2 	
      Conditions Precedent to Closing by the Purchasers.
      The obligation of the Purchasers to consummate the Transaction is subject
      to the satisfaction or written waiver of the conditions set forth below by
      a date mutually agreed upon by the parties hereto in writing and in
      accordance with Section 9.6. The Closing of the Transaction will be deemed
      to mean a waiver of all conditions to Closing. These conditions precedent
      are for the benefit of the Purchasers and may be waived by Subco and the Selling
Shareholders in their discretion. 

- 6 - 

	 	(a) 	
      Representations and Warranties. The
      representations and warranties of Pubco set forth in this Agreement will
      be true, correct and complete in all respects as of the Closing Date, as
      though made on and as of the Closing Date.

	 	 	 	 
	 	(b) 	
      Performance. All of the covenants and obligations
      that Pubco is required to perform or to comply with pursuant to this
      Agreement at or prior to the Closing must have been performed and complied
      with in all material respects. Pubco must have delivered each of the
      documents required to be delivered by it pursuant to this
  Agreement.

	 	 	 	 
	 	(c) 	
      No Material Adverse Change. No Subco Material
      Adverse Effect will have occurred since the date of this
  Agreement.

	 	 	 	 
	 	(d) 	
      No Action. No suit, action, or proceeding will be
      pending or threatened before any governmental or regulatory authority
      wherein an unfavorable judgment, order, decree, stipulation, injunction or
      charge would:

	 	 	 	 
	 		(i) 	
      prevent the consummation of any of the transactions
      contemplated by this Agreement; or

	 	 	 	 
	 		(ii) 	
      cause the Transaction to be rescinded following
      consummation.

	 	 	 	 
	 	(e) 	
      Outstanding Shares. On the Closing Date, the
      issued and outstanding capital stock of Subco shall consist of 200 Subco
      Common Shares.

	 	5.3 	
      Notification. Between the date of this Agreement
      and the Closing Date, each of the parties to this Agreement will promptly
      notify the other parties in writing if it becomes aware of any fact or
      condition that causes or constitutes a material breach of any of its
      representations and warranties as of the date of this Agreement, if it
      becomes aware of the occurrence after the date of this Agreement of any
      fact or condition that would cause or constitute a material breach of any
      such representation or warranty had such representation or warranty been
      made as of the time of occurrence or discovery of such fact or condition.
      Should any such fact or condition require any change in the Schedules
      relating to such party, such party will promptly deliver to the other
      parties a supplement to the Schedules specifying such change. During the
      same period, each party will promptly notify the other parties of the
      occurrence of any material breach of any of its covenants in this
      Agreement or of the occurrence of any event that may make the satisfaction
      of such conditions impossible or unlikely.

	 	 	 
	 	5.4 	
      Conduct of Subco and Pubco Business Prior to
      Closing. From the date of this Agreement to the Closing Date, and
      except to the extent that the Purchasers otherwise consents in writing,
      Subco will operate its business substantially as presently operated and
      only in the ordinary course and in compliance with all applicable laws,
      and use its best efforts to preserve intact its good reputation and
      present business organization and to preserve its relationships with
      persons having business dealings with it. Likewise, from the date of this
      Agreement to the Closing Date, and except to the extent that the
      Purchasers otherwise consents in writing, Subco will operate its business
      substantially as presently operated and only in the ordinary course and in
      compliance with all applicable laws, and use its
best efforts to preserve intact its good reputation and
      present business organization and to preserve its relationships with
  persons having business dealings with it.

- 7 - 

	 	5.5 	
      Certain Acts Prohibited – Subco. Except as
      expressly contemplated by this Agreement or for purposes in furtherance of
      this Agreement, between the date of this Agreement and the Closing Date,
      Subco will not, without the prior written consent of the
  Purchasers:

	 	(a) 	
      amend its Certificate of Incorporation, Articles of
      Incorporation or other incorporation documents;

	 	 	 
	 	(b) 	
      incur any liability or obligation other than in the
      ordinary course of business or encumber or permit the encumbrance of any
      properties or assets of Subco except in the ordinary course of
      business;

	 	 	 
	 	(c) 	
      dispose of or contract to dispose of any Subco property
      or assets, including the Intellectual Property Assets, except in the
      ordinary course of business consistent with past practice;

	 	 	 
	 	(d) 	
      issue, deliver, sell, pledge or otherwise encumber or
      subject to any lien any shares of the Subco Common Stock, or any rights,
      warrants or options to acquire, any such shares, voting securities or
      convertible securities;

	 	 	 
	 	(e) 	 

	 	(i) 	
      declare, set aside or pay any dividends on, or make any
      other distributions in respect of the Subco Common Stock, or

	 	 	 
	 	(ii) 	
      split, combine or reclassify any Subco Common Stock or
      issue or authorize the issuance of any other securities in respect of, in
      lieu of or in substitution for shares of Subco Common Stock;
  or

	 	(f) 	
      materially increase benefits or compensation expenses of
      Subco, other than as contemplated by the terms of any employment agreement
      in existence on the date of this Agreement, increase the cash compensation
      of any director, executive officer or other key employee or pay any
      benefit or amount not required by a plan or arrangement as in effect on
      the date of this Agreement to any such person.

	 	5.6 	
      Public Announcements. The Purchasers each agree
      that they will not release or issue any reports or statements or make any
      public announcements relating to this Agreement or the Transaction
      contemplated herein without the prior written consent of Pubco, except as
      may be required upon written advice of counsel to comply with applicable
      laws or regulatory requirements after consulting with Pubco and seeking
      their reasonable consent to such announcement.

	 	 	 
	 	5.7 	
      Liabilities. Upon the Closing, all payables and
      liabilities between Pubco and Subco will be written off by each party and
      become null.

- 8 - 

	6. 	
      CLOSING

	 	6.1 	
      Closing. The Closing shall take place on the
      Closing Date at the offices of the lawyers for Pubco or at such other
      location as agreed to by the parties. Notwithstanding the location of the
      Closing, each party agrees that the Closing may be completed by the
      exchange of undertakings between the respective legal counsel for Subco
      and Pubco, provided such undertakings are satisfactory to each party’s
      respective legal counsel.

	7. 	
      TERMINATION

	 	7.1 	
      Termination. This Agreement may be terminated at
      any time prior to the Closing Date contemplated hereby by:

	 	 	 	 
	 		(a) 	
      mutual agreement of the parties;

	 	 	 	 
	 		(b) 	
      Pubco, if there has been a material breach by the
      Purchasers of any material representation, warranty, covenant or agreement
      set forth in this Agreement on the part of the Purchasersthat is not
      cured, to the reasonable satisfaction of Pubco, within ten business days
      after notice of such breach is given by Pubco (except that no cure period
      will be provided for a breach by the Purchasers that by its nature cannot
      be cured);

	 	 	 	 
	 		(c) 	
      The Purchasers, if there has been a material breach by
      Pubco or Subco of any material representation, warranty, covenant or
      agreement set forth in this Agreement on the part of Pubco or Subco that
      is not cured by the breaching party, to the reasonable satisfaction of the
      Purchasers, within ten business days after notice of such breach is given
      by the Purchasers (except that no cure period will be provided for a
      breach by Pubco or Subco that by its nature cannot be cured);

	 	 	 	 
	 		(d) 	
      Pubco, Subco, or the Purchasers, if any permanent
      injunction or other order of a governmental entity of competent authority
      preventing the consummation of the Transaction contemplated by this
      Agreement has become final and non-appealable.

	 	7.2 	
      Effect of Termination. In the event of the
      termination of this Agreement as provided in Section 7.1, this Agreement
      will be of no further force or effect, provided, however, that no
      termination of this Agreement will relieve any party of liability for any
      breaches of this Agreement that are based on a wrongful refusal or failure
      to perform any obligations.

	8. 	
      INDEMNIFICATION, REMEDIES,
  SURVIVAL

	 	8.1 	
      Certain Definitions. For the purposes of this
      Article 8, the terms “Loss” and “Losses” mean any and all
      demands, claims, actions or causes of action, assessments, losses,
      damages, Liabilities, costs, and expenses, including without limitation,
      interest, penalties, fines and reasonable attorneys, accountants and other
      professional fees and expenses, but excluding any indirect, consequential
      or punitive damages suffered by Pubco or the Purchasers, including damages
      for lost profits or lost business opportunities.

	 	 	 
	 	8.2 	
      Agreement of Pubco to Indemnify. Pubco will
      indemnify, defend, and hold harmless, to the full extent of the law, the
      Purchasers from, against, and in respect of any and all Losses asserted
      against, relating to, imposed upon, or incurred by the Purchasers by
      reason of, resulting from, based upon or arising out
of:

- 9 - 

	 	(a) 	
      the breach by Pubco or Subco of any representation or
      warranty of Pubco or Subco contained in or made pursuant to this
      Agreement, any Pubco Document or any certificate or other instrument
      delivered pursuant to this Agreement; or

	 	 	 
	 	(b) 	
      the breach or partial breach by Subco or Pubco of any
      covenant or agreement of Pubco or Subco made in or pursuant to this
      Agreement, any Pubco Document or any certificate or other instrument
      delivered pursuant to this Agreement.

	 	8.3 	
      Agreement of the Purchasers to Indemnify. The
      Purchasers will jointly and severally indemnify, defend, and hold
      harmless, to the full extent of the law, Pubco from, against, for, and in
      respect of any and all Losses asserted against, relating to, imposed upon,
      or incurred by Pubco or Subco by reason of, resulting from, based upon or
      arising out of:

	 	(a) 	
      the breach by the Purchasers of any representation or
      warranty of the Purchasers contained in or made pursuant to this
      Agreement, any document or any certificate or other instrument delivered
      by the Purchasers pursuant to this Agreement; or

	 	 	 
	 	(b) 	
      the breach or partial breach by the Purchasers of any
      covenant or agreement of the Purchasers made in or pursuant to this
      Agreement, any document or any certificate or other instrument delivered
      by the Purchasers pursuant to this Agreement.

	9. 	
      MISCELLANEOUS
PROVISIONS

	 	9.1 	
      Effectiveness of Representations; Survival. Each
      party is entitled to rely on the representations, warranties and
      agreements of each of the other parties and all such representation,
      warranties and agreement will be effective regardless of any investigation
      that any party has undertaken or failed to undertake. Unless otherwise
      stated in this Agreement, and except for instances of fraud, the
      representations, warranties and agreements will survive the Closing Date
      and continue in full force and effect until one year after the Closing
      Date.

	 	 	 
	 	9.2 	
      Further Assurances. Each of the parties hereto
      will co-operate with the others and execute and deliver to the other
      parties hereto such other instruments and documents and take such other
      actions as may be reasonably requested from time to time by any other
      party hereto as necessary to carry out, evidence, and confirm the intended
      purposes of this Agreement.

	 	 	 
	 	9.3 	
      Amendment. This Agreement may not be amended
      except by an instrument in writing signed by each of the
parties.

	 	 	 
	 	9.4 	
      Expenses. Pubco will bear all costs incurred in
      connection with the preparation, execution and performance of this
      Agreement and the Transaction contemplated hereby, including all fees and
      expenses of agents, representatives, legal and accountants.

	 	 	 
	 	9.5 	
      Entire Agreement. This Agreement, the schedules
      attached hereto and the other documents in connection with this
      transaction contain the entire agreement between the parties with respect
      to the subject matter hereof and supersede all prior arrangements and
      understandings, both written and oral, expressed or implied, with respect
      thereto. Any preceding correspondence or offers are expressly superseded
      and terminated by this Agreement.

- 10 - 

	 	9.6 	
      Notices. All notices and other communications
      required or permitted under to this Agreement must be in writing and will
      be deemed given if sent by personal delivery, faxed with electronic
      confirmation of delivery, internationally-recognized express courier or
      registered or certified mail (return receipt requested), postage prepaid,
      to the parties at the addresses (or at such other address for a party as
      will be specified by like notice) on the first page of this
    Agreement.

All such notices and other
communications will be deemed to have been received: 

	 	(a) 	
      in the case of personal delivery, on the date of such
      delivery;

	 	 	 
	 	(b) 	
      in the case of a fax, when the party sending such fax has
      received electronic confirmation of its delivery;

	 	 	 
	 	(c) 	
      in the case of delivery by internationally-recognized
      express courier, on the business day following dispatch; and

	 	 	 
	 	(d) 	
      in the case of mailing, on the fifth business day
      following mailing.

	 	9.7 	
      Headings. The headings contained in this Agreement
      are for convenience purposes only and will not affect in any way the
      meaning or interpretation of this Agreement.

	 	 	 
	 	9.8 	
      Benefits. This Agreement is and will only be
      construed as for the benefit of or enforceable by those persons party to
      this Agreement.

	 	 	 
	 	9.9 	
      Assignment. This Agreement may not be assigned
      (except by operation of law) by any party without the consent of the other
      parties.

	 	 	 
	 	9.10 	
      Governing Law. This Agreement will be governed by
      and construed in accordance with the laws of the State of Nevada
      applicable to contracts made and to be performed therein.

	 	 	 
	 	9.11 	
      Construction. The language used in this Agreement
      will be deemed to be the language chosen by the parties to express their
      mutual intent, and no rule of strict construction will be applied against
      any party.

	 	 	 
	 	9.12 	
      Gender. All references to any party will be read
      with such changes in number and gender as the context or reference
      requires.

	 	 	 
	 	9.13 	
      Business Days. If the last or appointed day for
      the taking of any action required or the expiration of any rights granted
      herein shall be a Saturday, Sunday or a legal holiday in the State of
      Nevada, then such action may be taken or right may be exercised on the
      next succeeding day which is not a Saturday, Sunday or such a legal
      holiday.

	 	 	 
	 	9.14 	
      Counterparts. This Agreement may be executed in
      one or more counterparts, all of which will be considered one and the same
      agreement and will become effective when one or more counterparts have
      been signed by each of the parties and delivered to the other parties, it
      being understood that all parties need not sign the same
    counterpart.

	 	 	 
	 	9.15 	
      Fax and PDF Execution. This Agreement may be
      executed by delivery of executed signature pages by fax or PDF document
      via Email and such execution will be effective for all
  purposes.

- 11 - 

	 	9.16 	
      Schedules and Exhibits. The schedules and exhibits
      are attached to this Agreement and incorporated
herein.

[THIS PART LEFT INTENTIONALLY BLANK]

- 12 - 

IN WITNESS WHEREOF the parties hereto have executed this
Agreement as of the day and year first above written. 

FUHUIYUAN INTERNATIONAL HOLDINGS LIMITED. 

Per: /s/ Stolfin Wong 
       
Name: Stolfin Wong 
        Title:
President and Director

KWEST INVESTMENTS & DEVELOPMENT INC. 

Per:
/s/ Eric Lo
        Name: Eric Lo

        Title: Director

/s/ Stolfin Wong
Stolfin Wong

/s/ Eric Lo 

Eric Lo

/s/ Hon
Ming Tony Wong 

Hon
Ming Tony Wong 

/s/ Willie Chan

Willie Chan

SCHEDULE 1 

THE PURCHASERS/ALLOCATION OF SHARES 

	

      

Name 	

      Number of 
Pubco Shares to 
be
      tendered to 
Pubco 	Total Number of 

      Subco Shares to 
be
      transfered by 
Pubco on 
Closing 
	Hon Ming Tony Wong 	1,000,000 	66.66 
	Stolfin Wong 	1,000,000 	66.66 
	Eric Lo 	500,000 	33.34 
	Willie Chan 	500,000 	33.34 

SCHEDULE 2 

BILL OF SALE 

	TO: 	HON MING TONY WONG, STOLFIN WONG, ERIC LO
      AND WILLIE 
	  	CHAN______________________________
      (the “Purchaser”) 
	  	 
	  	 
	  	 
	FROM: 	FUHUIYUAN INTERNATIONAL HOLDINGS LIMITED.
      a State of Nevada 
	  	corporation having its executive officer at
      Suite 204, 15615 102 Avenue, 
	  	Edmonton, Alberta, Canada. (the “Vendor”)
  

     For good and valuable
consideration (the receipt and sufficiency of which is hereby acknowledged by
the undersigned), the Vendor hereby assigns, sets over, conveys and transfers to
the Purchaser all of its right, title and interest in and to 200 shares of
common stock of KWEST INVESTMENTS & DEVELOPMENT INC., an Alberta
corporation (the “Subject Shares”), and all right, title, property and
claim whatsoever in respect thereof. 

     TO HOLD the said Subject Shares
and every part thereof, and all the right, title and interest of the Vendor
therein and thereto, unto and to the use of the Purchaser. 

     AND the Vendor does hereby,
covenant, promise and agree with the Purchaser: THAT the Vendor is now
rightfully and absolutely possessed of and entitled to the said Subject Shares
and every part thereof; AND that the Vendor now has good right to assign the
same unto the Purchaser, and according to the true intent and meaning of this
Bill of Sale; AND that the Purchaser, shall and may from time to time, and at
all times hereafter, peaceably and quietly have, hold, possess, and enjoy the
said Subject Shares and every part thereof, to and for its own use and benefit,
without any manner of hindrance, interruption, molestation, claim or demand
whatsoever of, from or by the Vendor or any person or persons whomsoever; AND
that the said Subject Shares are free and clear from all encumbrances. 

     IT IS AGREED that this Bill of
Sale and everything herein contained shall enure to the benefit of and be
binding upon the executors, administrators and assigns or successors and assigns
of the parties hereto respectively. 

- 2 - 

     The undersigned hereby agrees to
execute such further documents, transfers, assignments, conveyances, consents
and assurances as may be necessary to give full effect to the transactions
referred to herein. 

DATED as of the 17th day of January, 2014. 

FUHUIYUAN INTERNATIONAL HOLDINGS LIMITED. 

Per: 

        /s/ Stolfin
Wong 

      Name: Stolfin
Wong 

      Title: President and Director 

SCHEDULE 3 

TO THE SHARE EXCHANGE AGREEMENT AMONG
FUHUIYUAN INTERNATIONAL
HOLDINGS LIMITED, FUHUIYUAN INTERNATIONAL GROUP 
(HOLDINGS) LIMITED. AND THE
SELLING SHAREHOLDERS AS SET OUT IN THE 
SHARE EXCHANGE AGREEMENT 

DIRECTORS AND OFFICERS OF SUBCO 

Directors: 

	 	1. 	
      Willie Chan

	 	 	 
	 	2. 	
      Eric Lo

Officers: 

	 	1. 	
      Willie Chan – President

	 	 	 
	 	2. 	
      Eric Lo — Secretary

SCHEDULE 4 

SUBCO MATERIAL CONTRACTS 

Land Sale and management Agreement with Kimura Lake – April 30,
2009 

Land Sale Contract with Kimura Lake – 2009 

Land Sale Contract Addendum with Kmura Kake – June 15, 2009Exhibit 10.1 Form of Stock Option Agreement

Exhibit 10.1

NONQUALIFIED STOCK OPTION AGREEMENT
THIS AGREEMENT, made as of ________________ (the “Grant Date”), between Charter Communications, Inc., a Delaware corporation (the “Company”), and ________________ (the “Optionee”).
Unless otherwise defined herein, terms defined in the Charter Communications, Inc. 2009 Stock Incentive Plan (the “Plan”) shall have the same defined meanings in this Nonqualified Stock Option Agreement (the “Agreement”).
The undersigned Optionee has been granted an Option to purchase Shares of Class A common stock of the Company (“Shares”), subject to the terms and conditions of the Plan and this Agreement, as follows:
	
		
	Vesting Schedule:
	As provided in Section 4 of the Agreement.

	 
	 

	Exercise Price per Share:
	$____________

	 
	 

	Total Number of Shares under Option:
	_____________

	 
	 

	Exercise Expiration Date:
	_____________

    
(Such information as to exercise price, total number of options and exercise expiration date are also shown on the Optionee’s on-line grant account.)

Charter Communications, Inc.

Abigail T. Pfeiffer, SVP - Human Resources
I, the undersigned, agree to this grant of an Option to purchase Shares of the Company, acknowledge that this grant is subject to the terms and conditions of the Plan and this Agreement, and have read and understand the terms and conditions set forth in Sections 1 through 24 of this Agreement.
    	
	
	 

	Optionee

-1-
Stock Option Agreement

		
	1.
	Grant of Option.

1.1The Company hereby grants to the Optionee the right and option (the “Option”) to purchase all or any part of the Total Number of Shares under Option set forth above, subject to, and in accordance with, the terms and conditions set forth in this Agreement.

1.2    The Option is not intended to qualify as an incentive stock option within the meaning of Section 422 of the Code.

1.3    This Agreement shall be construed in accordance and consistent with, and subject to, the provisions of the Plan (the provisions of which are incorporated herein by reference) and, except as otherwise expressly set forth herein, the capitalized terms used in this Agreement shall have the same definitions as set forth in the Plan.

		
	2.
	Purchase Price.

The price at which the Optionee shall be entitled to purchase Shares upon the exercise of the Option shall be the Exercise Price per Share set forth above.

		
	3.
	Duration of Option.

The Option shall be exercisable to the extent and in the manner provided herein for a period of ten (10) years from the Grant Date (the “Exercise Term”) and shall expire as of the tenth (10th) anniversary of the Grant Date (“Exercise Expiration Date”); provided, however, that the Option may be earlier or later terminated as provided under the terms of the Plan and this Agreement.

		
	4.
	Vesting of Option.

4.1    Vesting.  Unless otherwise provided in this Agreement, 100% of the Option granted hereunder shall vest and become exercisable on the third anniversary of the Grant Date. The right of purchase shall continue, unless sooner exercised or terminated as herein provided, during the remaining period of the Exercise Term.  
4.2    Certain Terminations.  Notwithstanding anything to the contrary set forth in any employment agreement between the Optionee and the Company, the Plan or this Agreement, upon the termination of employment of the Optionee: (i) by the Company, or any of its Subsidiaries, for Cause, by the Optionee without Good Reason, the unvested Option shall be cancelled and forfeited; or (ii) as a result of the Optionee’s death, Disability or Retirement, or by the Company, or any of its Subsidiaries, without Cause or by the Optionee for Good Reason,  then, subject to 4.3 and 4.4 hereof: (A) all or any portion of the unvested Option that does not vest pursuant to Section  4.2(ii)(B) hereof shall be cancelled and forfeited; and (B) a pro-rata portion of the Option (based on the number of days of the vesting period that has elapsed as of such termination) shall vest and become exercisable as of the date of such termination.  Notwithstanding any fractional number of Shares resulting from the application of the foregoing provision, the Option shall only be exercisable with respect to a whole number of shares.

-2-
Stock Option Agreement

4.3    Change in Control.  Notwithstanding anything to the contrary set forth in Section 4.2 hereof, any employment agreement between the Optionee and the Company, the Plan or this Agreement, if, within thirty (30) days prior or twelve (12) months following the completion of a Change in Control or at any time prior to a Change in Control at the request of a prospective purchaser whose proposed purchase would constitute a Change in Control upon its completion, the Company, or any of its Subsidiaries, terminates the Optionee’s employment without Cause or the Optionee terminates his or her employment for Good Reason, the unvested Options shall immediately vest and become fully exercisable.  
4.4    Committee Discretion to Accelerate Vesting.  Notwithstanding the foregoing, the Committee may, in its sole discretion, provide for accelerated vesting of all or any portion the Option at any time and for any reason.
5.Definitions.  For purposes of this Agreement, the following terms shall have the following definitions.  Unless otherwise provided herein, the terms defined in this Section 5 shall control over similar terms defined in the Plan.

5.1    “Change in Control” shall mean (a) in the case where there is an employment agreement in effect between the Company and the Optionee on the Grant Date that defines “change in control” (or words of like import), “change in control” as defined under such agreement or (b) in the case where there is no employment agreement in effect between the Company and the Optionee on the Grant Date that defines “change in control” (or words of like import), “change in control” as defined in the Plan.

5.2    “Good Reason”, in the case of an Optionee whose employment with the Company or a Subsidiary is subject to the terms of an employment agreement between such Optionee and the Company or Subsidiary, which employment agreement includes a definition of “Good Reason”, “Good Reason” shall have the meaning ascribed in such employment agreement; otherwise, “Good Reason” shall mean any of the events described hereafter that occur without the Optionee’s prior written consent:  (i) any reduction in Optionee’s then annual base salary, (ii) any failure to pay Optionee’s compensation when due; or (iii) relocation of Optionee’s primary workplace to a location that is more than fifty (50) miles from the office where the Optionee is then assigned to work as Optionee’s principal office; (in each case “(i)” through “(iii)” only if Optionee objects in writing within thirty (30) days after being informed of such condition and unless Company retracts and/or rectifies the claimed Good Reason within fifteen (15) days following Company’s receipt of timely written objection from Optionee); provided, however, that a termination of employment will not be considered on account of Good Reason unless it occurs no later than fifteen (15) days following the maximum period for the Company to retract or rectify the claimed Good Reason.

		
	6.
	Manner of Exercise and Payment.

6.1    Subject to the terms and conditions of this Agreement and the Plan, the vested portion of the Option may be exercised by delivery of written notice in person, electronically or by mail to the Plan Administrator (or his or her designee).  Such notice shall state that the Optionee is electing to exercise the Option and the number of Shares in respect of which the Option is being exercised and shall be signed by the person or persons exercising the 

-3-
Stock Option Agreement

Option.  If requested by the Committee, such person or persons shall: (i) deliver this Agreement to the Plan Administrator (or his or her designee) who shall endorse thereon a notation of such exercise, and (ii) provide satisfactory proof as to the right of such person or persons to exercise the Option.

6.2    The notice of exercise described in Section 6.1 hereof shall be accompanied by: (a) the full purchase price for the Shares in respect of which the Option is being exercised, in cash, by check, by transferring Shares to the Company having a Fair Market Value on the date of exercise equal to the cash amount for which such Shares are substituted, or in such other manner as may be permitted by the Committee in its discretion, and (b) payment of the Withholding Taxes as provided by Section  of this Agreement, and in the manner as may be permitted by the Committee its discretion pursuant to Section 13 of this Agreement.

6.3    Upon receipt of notice of exercise and full payment for the Shares in respect of which the Option is being exercised, the Company shall, subject to the terms of the Plan, take such action as may be necessary to affect the transfer to the Optionee of the number of Shares as to which such exercise was effective.

6.4    Except as otherwise provided in Section 11, the Optionee shall not be deemed to be the holder of, or to have any of the rights of a holder with respect to any Shares subject to the Option until: (i) the Option shall have been exercised pursuant to the terms of this Agreement and the Optionee shall have paid the full purchase price for the number of Shares in respect of which the Option was exercised, (ii) the Company shall have issued and delivered the Shares to the Optionee, and (iii) the Optionee’s name shall have been entered as a stockholder of record on the books of the Company, whereupon the Optionee shall have full voting and other ownership rights with respect to such Shares.

		
	7.
	Exercisability upon Termination of Employment.

If the employment of the Optionee is terminated for any reason, the vested portion of the Option shall continue to be exercisable in whole or in part at any time for six (6) months after the date of such termination, but in no event after the Exercise Expiration Date.  
		
	8.
	Confidentiality/Proprietary Developments/Competition and Non-Interference.

Notwithstanding anything in this Section 8 or otherwise in this Agreement to the contrary, in the case of an Optionee whose employment with the Company or a Subsidiary is subject to the terms of an employment agreement between such Optionee and the Company or Subsidiary, which employment agreement includes the restrictive covenants covered in this Section 8, the restrictive covenants and all terms and conditions governing same as set forth in said employment agreement shall control and supersede this Section 8; otherwise: 

8.1.     Confidentiality.  

8.1.1Acknowledgments by Optionee.  Optionee acknowledges that: (a) during the term of this Agreement and as a part of Optionee’s employment with the Company or its subsidiaries, Optionee has been and will be afforded access to Confidential Information (as defined below); (b) public disclosure of such Confidential Information could have an adverse 

-4-
Stock Option Agreement

effect on the Company and its business; (c) because Optionee possesses substantial technical expertise and skill with respect to the Company’s business, Company desires to obtain exclusive ownership of each invention by Optionee while Optionee is employed by the Company, and the Company will be at a substantial competitive disadvantage if it fails to acquire exclusive ownership of each such invention by Optionee; and (d) the provisions of this Section 8 are reasonable and necessary to prevent the improper use or disclosure of Confidential Information and to provide Company with exclusive ownership of all inventions and works made or created by Optionee.

8.1.2Confidential Information.  

(i)     The Optionee acknowledges that during the term of this Agreement, including during Optionee’s employment, Optionee will have access to and may obtain, develop, or learn of Confidential Information (as defined below) under and pursuant to a relationship of trust and confidence. The Optionee shall hold such Confidential Information in strictest confidence and never at any time, during or after Optionee’s employment terminates, directly or indirectly use for Optionee’s own benefit or otherwise (except in connection with the performance of any duties as an employee) any Confidential Information, or divulge, reveal, disclose or communicate any Confidential Information to any unauthorized person or entity in any manner whatsoever.

(ii)As used in this Agreement, the term “Confidential Information” shall include, but not be limited to, any of the following information relating to the Company and its business learned by the Optionee during the term of this Agreement or as a result of Optionee’s employment with Company:

(A)information regarding the Company’s business proposals, manner of the Company’s operations, and methods of selling or pricing any products or services;

(B)the identity of persons or entities actually conducting or considering conducting business with the Company, and any information in any form relating to such persons or entities and their relationship or dealings with the Company or its affiliates;

(C)any trade secret or confidential information of or concerning any business operation or business relationship;

(D)computer databases, software programs and information relating to the nature of the hardware or software and how said hardware or software is used in combination or alone;

(E)information concerning Company personnel, confidential financial information, customer or customer prospect information, information concerning subscribers, subscriber and customer lists and data, methods and formulas for estimating costs and setting prices, 

-5-
Stock Option Agreement

engineering design standards, testing procedures, research results (such as marketing surveys, programming trials or product trials), cost data (such as billing, equipment and programming cost projection models), compensation information and models, business or marketing plans or strategies, deal or business terms, budgets, vendor names, programming operations, product names, information on proposed acquisitions or dispositions, actual performance compared to budgeted performance, long-range plans, internal financial information  (including but not limited to financial and operating results for certain offices, divisions, 
departments, and key market areas that are not disclosed to the public in such form), results of internal analyses, computer programs and programming information, techniques and designs, and trade secrets;

(F)information concerning the Company’s employees, officers, directors or shareholders; and

(G)any other trade secret or information of a confidential or proprietary nature.

(iii) Optionee shall not make or use any notes or memoranda relating to any Confidential Information except for uses reasonably expected by Optionee to be for the benefit of the Company, and will, at the Company’s request, return each original and every copy of any and all notes, memoranda, correspondence, diagrams or other records, in written or other form, that Optionee may at any time have within his possession or control that contain any Confidential Information.

(iv) Notwithstanding the foregoing, Confidential Information shall not include information which has come within the public domain through no fault of or action by Optionee or which has become rightfully available to Optionee on a non-confidential basis from any third party, the disclosure of which to Optionee does not violate any contractual or legal obligation such third party has to the Company or its affiliates with respect to such Confidential Information. None of the foregoing obligations or restrictions applies to any part of the Confidential Information that Optionee demonstrates was or became generally available to the public other than as a result of a disclosure by Optionee or by any other person bound by a confidentiality obligation to the Company in respect of such Confidential Information.

(v)Optionee will not remove from the Company’s premises (except to the extent such removal is for purposes of the performance of Optionee’s duties to the Company at home or while traveling, or except as otherwise specifically authorized by the Company) any Company document, record, notebook, plan, model, component, device, or computer software or code, whether embodied in a disk or in any other form (collectively, the “Proprietary Items”). Optionee recognizes that, as between the Company and Optionee, all of the Proprietary Items, whether or not developed by Optionee, are the exclusive property of the Company. Upon termination of Optionee’s employment by either party, or upon the request of the Company during the term of this Agreement, Optionee will return to the Company all of the Proprietary Items in Optionee’s possession or subject to Optionee’s control, including all 

-6-
Stock Option Agreement

equipment (e.g., laptop computers, cell phone, portable e-mail devices, etc.), documents, files and data, and Optionee shall not retain any copies, abstracts, sketches, or other physical embodiment of any such Proprietary Items.

8.2    Proprietary Developments.

8.2.1Any and all inventions, products, discoveries, improvements, processes, methods, computer software programs, models, techniques, or formulae (collectively, hereinafter referred to as “Developments”), made, conceived, developed, or created by Optionee (alone or in 
conjunction with others, during regular work hours or otherwise) during Optionee’s employment which may be directly or indirectly useful in, or relate to, the business conducted or to be conducted by the Company will be promptly disclosed by Optionee to the Company and shall be the Company’s exclusive property. The term “Developments” shall not be deemed to include inventions, products, discoveries, improvements, processes, methods, computer software programs, models, techniques, or formulae which were in the possession of Optionee prior to the commencement of Optionee’s employment with the Company. Optionee hereby transfers and assigns to the Company all proprietary rights which Optionee may have or acquire in any Developments and Optionee waives any other special right which Optionee may have or accrue therein. Optionee will execute any documents and agrees to take any actions that may be required, in the reasonable determination of Company’s counsel, to effect and confirm such assignment, transfer and waiver, to direct the issuance of patents, trademarks, or copyrights to Company with respect to such Developments as are to be Company’s exclusive property or to vest in Company title to such Developments; provided, however, that the expense of securing any patent, trademark or copyright shall be borne by the Company. The parties agree that Developments shall constitute Confidential Information.

8.2.2“Work Made for Hire.” Any work performed by Optionee during Optionee’s employment with Company shall be considered a “Work Made for Hire” as defined in the U.S. Copyright laws, and shall be owned by and for the express benefit of the Company. In the event it should be established that such work does not qualify as a Work Made for Hire, Optionee agrees to and does hereby assign to the Company all of Optionee’s right, title, and interest in such work product including, but not limited to, all copyrights and other proprietary rights.

8.3    Non-Competition and Non-Interference.

8.3.1Acknowledgments by Optionee.  Optionee acknowledges and agrees that: (a) the services to be performed by Optionee under this Agreement are of a special, unique, unusual, extraordinary, and intellectual character; (b) the Company competes with other businesses that are or could be located in any part of the United States; and (c) the provisions of this Section 8.3 are reasonable and necessary to protect the Company’s business and lawful protectable interests, and do not impair Optionee’s ability to earn a living.

8.3.2Covenants of Optionee.  For purposes of this Section 8.3, the term “Restricted Period” shall mean the period commencing as of the date of this Agreement and terminating on the second anniversary (or, in the case of Section 8.3.2(iii), the first anniversary), 

-7-
Stock Option Agreement

of the date Optionee’s employment terminated provided that the “Restricted Period” also shall encompass any period of time from whichever anniversary date is applicable until and ending on the last date Optionee is to be paid any payment. In consideration of the acknowledgments by Optionee, and in consideration of the compensation and benefits to be paid or provided to Optionee by the Company, Optionee covenants and agrees that during the Restricted Period, the Optionee will not, directly or indirectly, for Optionee’s own benefit or for the benefit of any other person or entity other than the Company:

(i)in the United States or any other country or territory where the Company then conducts its business: engage in, operate, finance, control or be employed by a “Competitive Business” (defined below); serve as an officer or director of a Competitive Business (regardless of where Optionee then lives or conducts such activities); perform any work as an employee, consultant (other than as a member of a professional consultancy, law firm, accounting firm or similar professional enterprise that has been retained by the Competitive Business and where Optionee has no direct role in such professional consultancy and maintains the confidentiality of all information acquired by Optionee during his or her employment with the Company), contractor, or in any other capacity with, a Competitive Business; directly or indirectly invest or own any interest in a Competitive Business (regardless of where Optionee then lives or conducts such activities); or directly or indirectly provide any services or advice to any business, person or entity who or which is engaged in a Competitive Business (other than as a member of a professional consultancy, law firm, accounting firm or similar professional enterprise that has been retained by the Competitive Business and where Optionee has no direct role in such professional consultancy and maintains the confidentiality of all information acquired by Optionee during his or her employment with the Company). A “Competitive Business” is any business, person or entity who or which, anywhere within that part of the United States, or that part of any other country or territory, where the Company conducts business; owns or operates a cable television system; provides direct television or any satellite-based, telephone system-based, internet-based or wireless system for delivering television, music or other entertainment programming (other than as an ancillary service, such as cellular telephone providers); provides telephony services using any wired connection or fixed (as opposed to mobile) wireless application; provides data or internet access services; or offers, provides, markets or sells any service or product of a type that is offered or marketed by or directly competitive with a service or product offered or marketed by the Company at the time Optionee’s employment terminates; or who or which in any case is preparing or planning to do so. The provisions of this Section 8.3 shall not be construed or applied: (A) so as to prohibit Optionee from owning not more than five percent (5%) of any class of securities that is publicly traded on any national or regional securities exchange, as long as Optionee’s investment is passive and Optionee does not lend or provide any services or advice to such business or otherwise violate the terms of this Agreement in connection with such investment; or (B) so as to prohibit Optionee from working as an employee, consultant or contractor in the cable television business for a company/business that owns or operates cable television franchises (by way of current example only, Time Warner Cable, Cablevision, Cox or Comcast), provided that the company/business is not providing cable services in any political subdivision/ geographic area where the Company has a franchise or provides cable services (other than nominal overlaps of service areas) and the company/business is otherwise not engaged in a Competitive Business, 

-8-
Stock Option Agreement

and provided Optionee does not otherwise violate the terms of this Agreement in connection with that work;

(ii)contact, solicit or provide any service or product of a type offered by, or competitive with, any product or service provided by the Company to any person or entity that was a customer franchisee, or prospective customer of the Company at any time during Optionee’s employment (a prospective customer being one to whom the Company had made a business proposal within twelve (12) months prior to the time Optionee’s employment terminated); or directly solicit or encourage any customer, franchisee or subscriber of the Company to purchase any service or product of a type offered by or competitive with any product or service provided by the Company, or to reduce the amount or level of business purchased by such customer, franchisee or subscriber from the Company; or take away or procure for the benefit of any competitor of the Company, any business of a type provided by or competitive with a product or service offered by the Company; or

(iii) solicit or recruit for employment, any person or persons who are employed by Company or any of its subsidiaries or affiliates, or who were so employed at any time within a period of six (6) months immediately prior to the date Optionee’s employment terminated, or otherwise interfere with the relationship between any such person and the Company; nor will the Optionee assist anyone else in recruiting any such employee to work for another company or business or discuss with any such person his or her leaving the employ of the Company or engaging in a business activity in competition with the Company. This provision shall not apply to secretarial, clerical, custodial or maintenance employees.  If Optionee violates any covenant contained in this Section 8.3, then the term of the covenants in this Section shall be extended by the period of time Optionee was in violation of the same.

8.3.3Provisions Pertaining to the Covenants. Optionee recognizes that the existing business of the Company extends to various locations and areas throughout the United States and may extend hereafter to other countries and territories and agrees that the scope of Section 8.3 shall extend to any part of the United States, and any other country or territory, where the Company operates or conducts business, or has concrete plans to do so at the time Optionee’s employment terminates. It is agreed that the Optionee’s services hereunder are special, unique, unusual and extraordinary giving them peculiar value, the loss of which cannot be reasonably or adequately compensated for by damages, and in the event of the Optionee’s breach of this Section, Company shall be entitled to equitable relief by way of injunction or otherwise in addition to the cessation of payments and benefits hereunder. If any provision of Section 8 of this Agreement is deemed to be unenforceable by a court (whether because of the subject matter of the provision, the duration of a restriction, the geographic or other scope of a restriction or otherwise), that provision shall not be rendered void but the parties instead agree that the court shall amend and alter such provision to such lesser degree, time, scope, extent and/or territory as will grant Company the maximum restriction on Optionee’s activities permitted by applicable law in such circumstances. Company’s failure to exercise its rights to enforce the provisions of this Agreement shall not be affected by the existence or non existence of any other similar agreement for anyone else employed by the Company or by Company’s failure to exercise any of its rights under any such agreement.

-9-
Stock Option Agreement

8.4Notices. In order to preserve the Company’s rights under this Agreement, the Company is authorized to advise any potential or future employer, any third party with whom Optionee may become employed or enter into any business or contractual relationship with, and any third party whom Optionee may contact for any such purpose, of the existence of this Agreement and its terms, and the Company shall not be liable for doing so.

8.5Injunctive Relief and Additional Remedy. Optionee acknowledges that the injury that would be suffered by the Company as a result of a breach of the provisions of this Agreement (including any provision of Section 8) would be irreparable and that an 
award of monetary damages to the Company for such a breach would be an inadequate remedy. Consequently, the Company will have the right, in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened breach or otherwise to specifically enforce any provision of this Agreement and the Company will not be obligated to post bond or other security in seeking such relief. Without limiting the Company’s rights under this Section or any other remedies of Company, if Optionee breaches any of the provisions of Section 8, the Company will have the right to cease making any payments otherwise due to Optionee under this Agreement.

8.6Covenants of Section 8 are Essential and Independent Covenants. To the extent applicable to Optionee, the covenants by Optionee in Section 8 are essential elements of this Agreement, and without Optionee’s agreement to comply with such covenants; the Company would not have entered into this Agreement or employed Optionee. Company and Optionee have independently consulted their respective counsel and have been advised in all respects concerning the reasonableness and propriety of such covenants, with specific regard to the nature of the business conducted by the Company. Optionee’s covenants in Section 8 are independent covenants and the existence of any claim by Optionee against the Company, under this Agreement or otherwise, will not excuse Optionee’s breach of any covenant in Section 8. If Optionee’s employment hereunder is terminated, this Agreement will continue in full force and effect as is necessary or appropriate to enforce the covenants and agreements of Optionee in Section 8. The Company’s right to enforce the covenants in Section 8 shall not be adversely affected or limited by the Company’s failure to have an agreement with another employee with provisions at least as restrictive as those contained in Section 8, or by the Company’s failure or inability to enforce (or agreement not to enforce) in full the provisions of any other or similar agreement containing one or more restrictions of the type specified in Section 8 of this Agreement.

		
	9.
	Nontransferability.

Unless otherwise agreed to by the Committee, the Option shall not be transferable other than by will or by the laws of descent and distribution, and during the lifetime of the Optionee, the Option shall be exercisable only by the Optionee.
		
	10.
	No Right to Continued Employment.

Nothing in this Agreement or the Plan shall be interpreted or construed to confer upon the Optionee any right with respect to continuance of employment by the Company, or any 

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Stock Option Agreement

Subsidiary or Affiliate of the Company, nor shall this Agreement or the Plan interfere in any way with the right of the Company to terminate the Optionee’s employment or service at any time.
		
	11.
	Adjustments.

11.1    Change in Capitalization.  In the event of a Change in Capitalization (as defined in the Plan), the Committee shall make appropriate adjustments to: (i) the number and class of Shares or other stock or securities subject to the Option; or (ii) the purchase price for such Shares or other stock or securities.  The Committee’s adjustment shall be made in accordance with the provisions of the Plan and shall be effective and final, binding and conclusive for all purposes of the Plan and this Agreement.
11.2    Dividends and Other Distributions.  If the Company: (i) makes distributions (by dividend or otherwise); (ii) grants rights to purchase securities to existing shareholders as a group; or (iii) issues securities to existing shareholders as a group (other than pursuant to: (a) any equity awards granted under the Company’s equity incentive compensation plans; or (b) warrants issued with an exercise price equal to the Fair Market Value on the date of grant), in the case of clauses (ii) and (iii) at a price below Fair Market Value, and in each case of clauses (i), (ii) and (iii), (an “Extraordinary Distribution”), then to reflect such Extraordinary Distribution, this Option shall be adjusted to retain the pre-Extraordinary Distribution spread by decreasing the Exercise Price, in a manner consistent with Section 409A of the Code; provided that with respect to any vested portion of this Option, the Committee, in its sole discretion, may provide that, in lieu of such adjustment, the Optionee shall be entitled to receive the amount of, and the benefits and rights associated with, such Extraordinary Distribution in the same form and on the same terms as the Extraordinary Distribution paid or provided to the Company’s shareholders based upon the number of Shares underlying such vested portion of the Option.  Any adjustment described in this Section 13.2 shall be implemented in accordance with, and to the extent permitted by, Treasury Regulation § 1.409A-1(b)(5)(v)(D).
		
	12.
	Effect of a Merger, Consolidation or Liquidation.

Subject to the terms of the Plan and this Agreement, in the event of: (a) the liquidation or dissolution of the Company; or (b) a merger or consolidation of the Company (a “Transaction”) that does not constitute a Change in Control (as defined in the Plan), the Option shall continue in effect in accordance with their respective terms, except that the Committee may, in its discretion, do one or more of the following: (i) shorten the period during which the Option is exercisable (provided they remain exercisable for at least thirty (30) days after the date on which notice of such shortening is given to the Optionee); (ii) accelerate the vesting schedule with respect to the Option; (iii) arrange to have the surviving or successor entity assume the Option or grant replacement Option with appropriate adjustments in the exercise prices, and adjustments in the number and kind of securities issuable upon exercise or adjustments so that the Option or its replacement represents the right to purchase or receive the stock, securities or other property (including cash) as may be issuable or payable as a result of such Transaction with respect to or in exchange for the number of Shares purchasable and receivable upon the exercise of the Option had such exercise occurred in full prior to the Transaction; or (iv) cancel the Option upon the payment to the Optionee in cash of an amount 

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Stock Option Agreement

that is equal to the Fair Market Value of the Shares subject to the Option or portion thereof over the aggregate exercise price for such Shares under the Option or portion thereof surrendered at the effective time of the Transaction.  The treatment of any Option as provided in this Section 14 shall be conclusively presumed to be appropriate for purposes of Section 10 of the Plan.
		
	13.
	Withholding of Taxes.

At such times as the Optionee recognizes taxable income in connection with the receipt of Shares hereunder (a “Taxable Event”), the Optionee shall pay to the Company an amount equal to the federal, state and local income taxes and other amounts as may be required by law to be withheld by the Company in connection with the Taxable Event (the “Withholding Taxes”) prior to the issuance, or release from escrow, of such Shares.  The Company shall have the right to deduct from any payment to an Optionee an amount equal to the Withholding Taxes in satisfaction of the obligation to pay Withholding Taxes.  In satisfaction of the obligation to pay Withholding Taxes to the Company, the Optionee may make a written election (the “Tax Election”), which may be accepted or rejected in the discretion of the Committee, to have withheld a portion of the Shares then issuable to him or her having an aggregate Fair Market Value equal to the Withholding Taxes.  Notwithstanding the foregoing, the Committee may, in its discretion, provide that an Optionee shall not be entitled to exercise his or her Option for which cash has not been provided by the Optionee with respect to the applicable Withholding Taxes.
		
	14.
	Excise Tax Limitation.

14.1    Notwithstanding anything contained in this Agreement to the contrary, to the extent that any payment, distribution or acceleration of vesting to or for the benefit of the Optionee by the Company (within the meaning of Section 280G of the Code and the regulations thereunder), whether paid or payable or distributed or distributable pursuant to the terms of this Agreement or otherwise (the “Total Payments”) is or will be subject to the excise tax imposed under Section 4999 of the Code (the “Excise Tax”), then the Total Payments shall be reduced (but not below zero) if and to the extent that a reduction in the Total Payments would result in the Optionee retaining a larger amount, on an after-tax basis (taking into account federal, state and local income taxes and the Excise Tax), than if the Optionee received the entire amount of such Total Payments.  Unless the Optionee shall have given prior written notice specifying a different order to the Company to effectuate the foregoing in accordance with Code Section 409A, the Company shall reduce or eliminate the Total Payments, by first reducing or eliminating the portion of the Total Payments which are payable in cash and then by reducing or eliminating non-cash payments, in each case in reverse order beginning with payments or benefits which are to be paid the farthest in time from the Determination (as hereinafter defined).  Any notice given by the Optionee pursuant to the preceding sentence shall take precedence over the provisions of any other plan, arrangement or agreement governing the Optionee’s rights and entitlements to any benefits or compensation.
14.2    The determination of whether the Total Payments shall be reduced as provided in Section 12.2(a) of the Plan and the amount of such reduction shall be made at the Company’s expense by an accounting firm selected by the Company from among the four largest 

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Stock Option Agreement

accounting firms in the United States or at the Company’s expense by an attorney selected by the Company.  Such accounting firm or attorney (the “Determining Party”) shall provide its determination (the “Determination”), together with detailed supporting calculations and documentation to the Company and the Optionee within thirty (30) days of the termination of Optionee’s employment.  If the Determining Party determines that no Excise Tax is payable by the Optionee with respect to the Total Payments, it shall furnish the Optionee with an opinion reasonably acceptable to the Optionee that no Excise Tax will be imposed with respect to any such payments and, absent manifest error, such Determination shall be binding, final and conclusive upon the Company and the Optionee.  If the Determining Party determines that an Excise Tax would be payable, the Optionee shall have the right to accept the Determination of the Determining Party as to the extent of the reduction, if any, pursuant to Section 12.2(a) of the Plan, or to have such Determination reviewed by an accounting firm selected by the Optionee, at the Optionee’s expense.  If the Optionee's accounting firm and the Determining Party do not agree, a third accounting firm shall be jointly chosen by the Determining Party and the Optionee, in which case the determination of such third accounting firm shall be binding, final and conclusive upon the Company and the Optionee.
		
	15.
	Optionee Bound by the Plan.

The Optionee hereby acknowledges that the Optionee may receive a copy of the Plan upon request to the Plan Administrator and agrees to be bound by all the terms and provisions of the Plan.
		
	16.
	Entire Agreement; Modification of Agreement.

This Agreement, together with the Plan, contains the entire agreement between the parties hereto with respect to the subject matter contained herein, and, except as otherwise specifically provided herein, supersedes all prior agreements or prior understandings, whether written or oral, between the parties relating to such subject matter.  For the avoidance of doubt, the Optionee acknowledges and agrees that, notwithstanding anything to the contrary set forth in any employment agreement between the Optionee and the Company, the vesting of the Option, including, without limitation, upon a termination of the Optionee’s employment and upon a Change in Control, shall be governed by the terms of this Agreement.  This Agreement may be modified, amended, suspended or terminated by the Committee in its discretion at any time, and any terms or conditions may be waived by the Committee in its discretion at any time; provided, however, that all such modifications, amendments, suspensions, terminations or waivers that shall adversely affect an Optionee shall only be effective pursuant to a written instrument executed by the parties hereto.
		
	17.
	Severability.

Should any provision of this Agreement be held by a court of competent jurisdiction to be unenforceable or invalid for any reason, the remaining provisions of this Agreement shall not be affected by such holding and shall continue in full force in accordance with their terms.

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Stock Option Agreement

		
	18.
	Governing Law.

The validity, interpretation, construction and performance of this Agreement shall be governed by the laws of the State of Delaware without giving effect to the conflicts of laws principles thereof.
		
	19.
	Successors in Interest.

This Agreement shall inure to the benefit of and be binding upon any successor to the Company.  This Agreement shall inure to the benefit of the Optionee’s legal representatives.  All obligations imposed upon the Optionee and all rights granted to the Company under this Agreement shall be final, binding and conclusive upon the Optionee’s heirs, executors, administrators, successors.
		
	20.
	Resolution of Disputes.

Any dispute or disagreement which may arise under, or as a result of, or in any way relate to, the interpretation, construction or application of this Agreement shall be determined by the Committee.  Any determination made hereunder shall be final, binding and conclusive on the Optionee and Company for all purposes.
		
	21.
	Acquired Rights. 

The Optionee acknowledges and agrees that: (a) the Company may terminate or amend the Plan at any time; (b) the award of the Option made under this Agreement is completely independent of any other award or grant and is made at the sole discretion of the Company; (c) no past grants or awards (including, without limitation, the Option awarded hereunder) give the Optionee any right to any grants or awards in the future whatsoever; and (d) any benefits granted under this Agreement are not part of the Optionee’s ordinary salary, and shall not be considered as part of such salary in the event of severance, redundancy or resignation.
		
	22.
	Counterparts. 

This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original, but all of which shall constitute one and the same instrument.
		
	23.
	Compliance with Laws. 

The issuance of the Option (and the Shares acquired upon exercise of the Option) pursuant to this Agreement shall be subject to, and shall comply with, any applicable requirements of any foreign and U.S. federal and state securities laws, rules and regulations (including, without limitation, the provisions of any Securities Laws and in each case any respective rules and regulations promulgated thereunder) and any other law or regulation applicable thereto.  The Company shall not be obligated to issue the Option or any of the Shares pursuant to this Agreement if any such issuance would violate any such requirements.

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Stock Option Agreement

		
	24.
	Company Recoupment.

The Optionee’s right to the Option granted hereunder and the Shares acquired upon exercise of the Option shall in all events be subject to any right or obligation that the Company may have regarding the clawback of “incentive-based compensation” under Section 10D of the Exchange Act and any applicable rules and regulations promulgated thereunder from time to time by the U.S. Securities and Exchange Commission.

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Stock Option Agreement

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