Document:

exh10-2.htm

 

Exhibit 10.2

English Translation

	  	
Confidential

 

	  	
 

March 7, 2011

 

	  	
 

 Bloomgain Investment Limited

 

and

 

CDI CHINA, INC.

 

in regards to

 

 

Acquisition of 51% Interest in Pan Asia Magnesium Co., Ltd

 

 

	
 

 

                                                                   

Addendum (I) to the Stock Transfer Agreement

                                                                   

	  

 

  

  

  

Addendum I to the Stock Transfer Agreement (“Addendum II”) signed by the below parties on March 7, 2011.

	
(1)

	
Bloomgain Investment Limited,a Limited Liability Company registered in the British Virgin Islands, registered address is: OMC Chambers, P.O. Box3152, Road Town, Tortola, British Virgin Islands (“Buyer”);

	
(2)

	
CDI CHINA, INC.,a Limited Liability Company registered in Florida, USA, registered address is: 431 Fairway Drive, Suite 200 Deerfield Beach, FL 33441 U.S.A (“Seller”)

Together the Buyer and Seller may be referred to as the “Parties”; “Party” refers to any one of the Parties.

Through negotiation and consultation, the Parties agrees to sign this addendum to the Pan Asia 51% stock transfer agreement (“Original Agreement”) dated March 7, 2011 of Pan Asia Magnesium Co., Ltd (“Target Company”) dated March 7, 2011.

	
I.

	
The Buyer understands that the Seller invested in the Target Company but has never obtained physical control of the Target Company’s operations or management.

	
II.

	
During the period of acquisition, the Seller shall, at its best effort, to provide to the Buyer relevant operating information of the Target Company.

	
III.

	
Due to the fact that the Target Company is physically managed by the Chinese shareholders, the Buyer agrees to exempt the Seller from the relevant responsibility and guarantees in the Original Agreement, details are listed as clause 6.2, clause7.1.2(c), (d), (i), (j), clause 7.1.5 to 7.1.12, and clause 10.4. The items listed in these clauses will be completed and guaranteed by the Chinese shareholders of the Target Company.

	
IV.

	
In order to avoid industry competition, as a prerequisite to the share transfer, the Seller agrees to provide written documents to the Buyer as evidence that Mr. Wuliang Zhang has resigned from all duties at the Seller and its affiliated companies.

	
V.

	
If there is dispute between this addendum and the Original Agreement, this Addendum shall prevail. This addendum act as supplementary agreement to the Original Agreement, and is automatically terminated at the termination of the original agreement.

	
VI.

	
This Addendum shall have four copies of the same format, each party holds two copies.

No text below

  

  

  

IN WITNESS WHEREOF, the parties signed this agreement dated above.

 

 

	
Authorized Representative

 

 

 

 

 /s/ Jackie Zhou

Bloomgain Investment Limited

 

	
Authorized Representative

 

 

 

 

  /s/ Yuwei Huang

CDI CHINA, INC.exh10-3.htm

 

Exhibit 10.3

English Translation

	  	
Confidential

 

	  	
 

March 7, 2011

 

	  	
 

 Bloomgain Investment Limited

 

and

 

CDI CHINA, INC.

 

in regards to

 

 

Acquisition of 51% Interest in Pan Asia Magnesium Co., Ltd

 

 

	
 

 

                                                                   

Addendum (I) to the Stock Transfer Agreement

                                                                   

	  

 

  

  

  

Addendum I to the Stock Transfer Agreement (“Addendum II”) signed by the below parties on March 7, 2011.

	
(1)

	
Bloomgain Investment Limited,a Limited Liability Company registered in the British Virgin Islands, registered address is: OMC Chambers, P.O. Box3152, Road Town, Tortola, British Virgin Islands (“Buyer”);

	
(2)

	
CDI CHINA, INC.,a Limited Liability Company registered in Florida, USA, registered address is: 431 Fairway Drive, Suite 200 Deerfield Beach, FL 33441 U.S.A (“Seller”)

Together the Buyer and Seller may be referred to as the “Parties”; “Party” refers to any one of the Parties.

Through negotiation and consultation, the Parties agrees to sign this addendum to the Pan Asia 51% stock transfer agreement (“Original Agreement”) dated March 7, 2011 of Pan Asia Magnesium Co., Ltd (“Target Company”) dated March 7, 2011.

	
I.

	
The Buyer understands that the Seller invested in the Target Company but has never obtained physical control of the Target Company’s operations or management.

	
II.

	
During the period of acquisition, the Seller shall, at its best effort, to provide to the Buyer relevant operating information of the Target Company.

	
III.

	
Due to the fact that the Target Company is physically managed by the Chinese shareholders, the Buyer agrees to exempt the Seller from the relevant responsibility and guarantees in the Original Agreement, details are listed as clause 6.2, clause7.1.2(c), (d), (i), (j), clause 7.1.5 to 7.1.12, and clause 10.4. The items listed in these clauses will be completed and guaranteed by the Chinese shareholders of the Target Company.

	
IV.

	
In order to avoid industry competition, as a prerequisite to the share transfer, the Seller agrees to provide written documents to the Buyer as evidence that Mr. Wuliang Zhang has resigned from all duties at the Seller and its affiliated companies.

	
V.

	
If there is dispute between this addendum and the Original Agreement, this Addendum shall prevail. This addendum act as supplementary agreement to the Original Agreement, and is automatically terminated at the termination of the original agreement.

	
VI.

	
This Addendum shall have four copies of the same format, each party holds two copies.

No text below

  

  

  

IN WITNESS WHEREOF, the parties signed this agreement dated above.

 

	
Authorized Representative

 

 

 

 

/s/ Wuliang Zhang

Bloomgain Investment Limited

 

	
Authorized Representative

 

 

 

 

/s/ Yuwei Huang

CDI CHINA, INC.exh10-4.htm

 

Exhibit 10.4

English Translation

 

	  	
Confidential

 

	  	
 

June 23, 2011

 

	  	
 

 Bloomgain Investment Limited

 

and

 

CDI CHINA, INC.

 

in regards to

 

 

Acquisition of 51% Interest in Pan Asia Magnesium Co., Ltd

 

 

	
 

 

                                                                   

Addendum (III) to the Stock Transfer Agreement

                                                                   

	  

 

  

  

  

Addendum III to the Stock Transfer Agreement (“Addendum II”) signed by the below parties on June 23, 2011.

	
(1)  

	
Bloomgain Investment Limited,a Limited Liability Company registered in the British Virgin Islands, registered address is: OMC Chambers, P.O. Box3152, Road Town, Tortola, British Virgin Islands (“Buyer”);

	
(2)  

	
CDI CHINA, INC.,a Limited Liability Company registered in Florida, USA, registered address is: 431 Fairway Drive, Suite 200 Deerfield Beach, FL 33441 U.S.A (“Seller”)

Together the Buyer and Seller may be referred to as the “Parties”; “Party” refers to any one of the Parties.

Through negotiation and consultation, the Parties agrees to sign this addendum to the Pan Asia 51% stock transfer agreement (“Original Agreement”) dated March 7, 2011 and the Addendum I and Addendum II to the stock transfer agreement (“Addendum I” and “Addendum II”, respectively) of Pan Asia Magnesium Co., Ltd (“Target Company”) dated March 7, 2011.

	
I.  

	
The clause in regards to the payment time under Section 3.2 of the Agreement is hereby amended from the “15 days” to “90 days”.

	
II.  

	
Section 4.3 of the Agreement is hereby amended from “60 days after the date of execution” to “after the date of execution, prior to August 15, 2011”.

 

	
III.  

	
If there is dispute between this addendum and the Original Agreement, the Addendum I or Addendum II, this Addendum III shall prevail. This Addendum III shall act as supplementary agreement to the Agreement, and is automatically terminated at the termination of the Agreement.

	
IV.  

	
This Addendum III shall have four copies of the same format, each party holds two copies.

No text below

  

  

  

IN WITNESS WHEREOF, the parties signed this agreement dated above.

 

 

	
Authorized Representative

 

 

 

 

 /s/ Wuliang Zhang

Bloomgain Investment Limited

 

	
Authorized Representative

 

 

 

 

 /s/ Yuwei Huang

CDI CHINA, INC.exh10-5.htm

 

Exhibit 10.5

English Translation

 

	  	
Confidential

 

	  	
 

August 8, 2011

 

	  	
 

 Bloomgain Investment Limited

 

and

 

CDI CHINA, INC.

 

in regards to

 

 

Acquisition of 51% Interest in Pan Asia Magnesium Co., Ltd

 

 

	
 

 

                                                                   

Addendum (IV) to the Stock Transfer Agreement

                                                                   

	  

 

  

  

  

Addendum IV to the Stock Transfer Agreement (“Addendum IV”) signed by the below parties on August 8, 2011.

	
(1)

	
Bloomgain Investment Limited,a Limited Liability Company registered in the British Virgin Islands, registered address is: OMC Chambers, P.O. Box3152, Road Town, Tortola, British Virgin Islands (“Buyer”);

	
(2)

	
CDI CHINA, INC.,a Limited Liability Company registered in Florida, USA, registered address is: 431 Fairway Drive, Suite 200 Deerfield Beach, FL 33441 U.S.A (“Seller”)

Together the Buyer and Seller may be referred to as the “Parties”; “Party” refers to any one of the Parties.

Through negotiation and consultation, the Parties agrees to sign this addendum to the Pan Asia 51% stock transfer agreement (“Original Agreement”) dated March 7, 2011, Addendum I and Addendum II dated March 7, 2011 and Addendum III dated June 23, 2011 to the stock transfer agreement (“Addendum I”, “Addendum II” and “Addendum III”, respectively) of Pan Asia Magnesium Co., Ltd (“Target Company”) .

	
I.

	
The clause in regards to the payment time under Section 3.2 of the Agreement is hereby amended from the “15 days” to “prior to September 15, 2011”.

	
II.

	
Section 4.3 of the Agreement is hereby amended from “60 days after the date of execution” to “after the date of execution, prior to September 15, 2011”.

	
III.

	
The Agreement and the Annexes shall take effect on the date (the “Effective Date”) this Addendum IV is signed by the Parties in recognition of the consent by the owners of 49% of the Membership Interests in the Company to permit the transfer of Seller’s 51% Membership Interest to Buyer under the terms of the Original Agreement, as amended.

 

	
IV.

	
If there is dispute between this addendum and the Original Agreement, the Addendum I, r Addendum II, Addendum III, this Addendum IV shall prevail. This Addendum IV shall act as supplementary agreement to the Agreement, and is automatically terminated at the termination of the Agreement.

	
V.

	
This Addendum IV shall have four copies of the same format, each party holds two copies.

No text below

  

  

  

IN WITNESS WHEREOF, the parties signed this agreement dated above.

 

 

	
Authorized Representative

 

 

 

 

 /s/ Wuliang Zhang

Bloomgain Investment Limited

 

	
Authorized Representative

 

 

 

 

/s/ Yuwei Huang

CDI CHINA, INC.

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