Document:

ex10-1.htm

Exhibit 10.1

STOCK PURCHASE AGREEMENT

STOCK PURCHASE AGREEMENT, dated as of July 10, 2012 (this “Agreement”), by and among Stevia Global Trading Joint Stock Company, a Vietnamese company (the “Company”), Hong Phuong Tran, Anh Tuan Le, Dang Khoa Le, Manh Hung Dinh, and Manh Tien Nguyen (collectively, the “Sellers”) and Guru Health Inc.,  (the “Purchaser”).  Each of the Company, the Sellers and the Purchaser are referred to herein as a “Party” and collectively, as the “Parties”.

BACKGROUND

Sellers intend to sell and Purchaser intends to purchase 180,500 shares of common stock (the “Sellers Shares”) of Company.  The Sellers Shares represent 95% of the issued and outstanding capital stock of the Company.

NOW, THEREFORE, in consideration of the foregoing and the mutual promises and covenants herein contained, the Sellers and the Purchaser hereby agree as follows:

1. Purchase and Sale.

 

The Sellers shall sell, transfer, convey and deliver unto the Purchaser the Sellers Shares, and the Purchaser shall acquire and purchase from the Sellers the Sellers Shares.

2. Purchase Price.  The purchase price (the “Purchase Price”) for the Sellers Shares, in the aggregate, is $300,000, payable to each Seller as a proportion of their holdings, as follows:

	
(a)  

	
$50,000 upon the execution of this Agreement;

	
(b)  

	
$50,000 on September 15, 2012;

	
(c)  

	
$50,000 on November 15, 2012;

	
(d)  

	
$50,000 on February 15, 2013;

	
(e)  

	
$50,000 on April 15, 2013; and

	
(f)  

	
$50,000 on June 15, 2013.

3. The Closing.

 

(a) General.  The closing of the transaction contemplated by this Agreement (the “Closing”) shall take place by exchange of documents among the Parties by fax or courier, as appropriate, following the satisfaction or waiver of all conditions to the obligations of the Parties to consummate the transactions contemplated hereby (other than conditions with respect to actions the respective Parties will take at the Closing itself) not later than June 15, 2013 or such other date as the Purchaser and the Sellers may mutually determine (the “Closing Date”).

 

 

  

  

  

 

(b) Deliveries at the Closing. At the Closing: (i) the Sellers shall deliver to the Purchaser the various certificates, instruments, and documents referred to in Section 9(a) below; (ii) the Purchaser shall deliver to the Sellers the various certificates, instruments, and documents referred to in Section 9(b) below; (iii) the Purchaser shall deliver the full Purchase Price; and (iv) the Sellers shall deliver to the Purchaser a certificates evidencing the Sellers Shares (the “Certificates”), endorsed in blank or accompanied by duly executed assignment documents and including a Medallion Guarantee or another signature guarantee customary in Vietnam.

 

4. Representations and Warranties of the Sellers.

 

The Sellers represent and warrant to the Purchaser that the statements contained in this Section 4, with respect to such Sellers, are correct and complete as of the date of this Agreement and will be correct and complete as of the Closing Date (as though made then and as though the Closing Date were substituted for the date of this Agreement throughout this Section 4).

 

(a) The Sellers have the power and authority to execute, deliver and perform their obligations under this Agreement and to sell, assign, transfer and deliver to the Purchaser the Sellers Shares as contemplated hereby.  No permit, consent, approval or authorization of, or declaration, filing or registration with any governmental or regulatory authority or consent of any third party is required in connection with the execution and delivery by Sellers of this Agreement and the consummation of the transactions contemplated hereby.

 

(b) Neither the execution and delivery of this Agreement, nor the consummation of the transactions contemplated hereby or compliance with the terms and conditions hereof by the Sellers will violate or result in a breach of any term or provision of any agreement to which any Seller is bound or is a party, or be in conflict with or constitute a default under, or cause the acceleration of the maturity of any obligation of the Sellers under any existing agreement or violate any order, writ, injunction, decree, statute, rule or regulation applicable to the Sellers or any  properties or assets of the Sellers.

 

(c) This Agreement has been duly and validly executed by the Sellers, and constitutes the valid and binding obligation of the Sellers, enforceable against the Sellers in accordance with its terms, except as enforceability may be limited by bankruptcy, insolvency or other laws affecting creditors' rights generally or by limitations, on the availability of equitable remedies.

 

(d) The Sellers shall indemnify, defend and hold harmless Purchaser from and against all liabilities incurred by Purchaser, directly or indirectly, including without limitation, all reasonable attorney’s fees and court costs, arising out of or in connection with the purchase of the Sellers’ respective Sellers Shares set forth in this Agreement, except where fraud, intent to defraud or default of payment evolves on the part of Purchaser.

 

(e) The Sellers own the Sellers Shares free and clear of all liens, charges, security interests, encumbrances, claims of others, options, warrants, purchase rights, contracts, commitments, equities or other claims or demands of any kind (collectively, “Liens”), and upon delivery of the Sellers Shares to the Purchaser, the Purchaser will acquire good, valid and marketable title thereto free and clear of all Liens.  The Sellers are not a party to any option, warrant, purchase right, or other contract or commitment that could require the Sellers to sell, transfer, or otherwise dispose of any capital stock of the Company (other than pursuant to this Agreement).  The Sellers are not a party to any voting trust, proxy, or other agreement or understanding with respect to the voting of any capital stock of the Company.

 

 

  

2

  

 

5. Representations and Warranties Concerning the Company.  The Company and each  Seller jointly and severally represent and warrant to the Purchaser that the statements contained in this Section 5 are correct and complete as of the date of this Agreement and will be correct and complete as of the Closing Date (as though made then and as though the Closing Date were substituted for the date of this Agreement throughout this Section 5).

 

(a) Organization of Company.  The Company is a corporation duly organized, validly existing, and in good standing under the laws of Vietnam.  The Company is duly authorized to conduct business and is in good standing under the laws in every jurisdiction in which the ownership or use of property or the nature of the business conducted by it makes such qualification necessary except where the failure to be so qualified or in good standing would not have a Material Adverse Effect.  “Material Adverse Effect” means any material adverse effect on the business, operations, assets, financial condition or prospects of the Company or its Subsidiaries, if any, taken as a whole or on the transactions contemplated hereby or by the agreements or instruments to be entered into in connection herewith.  The Company has full corporate power and authority and all licenses, permits, and authorizations necessary to carry on its business. The Company has no subsidiaries and does not control any entity, directly or indirectly, or have any direct or indirect equity participation in any other entity.

 

(b) Capitalization; No Restrictive Agreements.

 

(i) The Company’s total issued and outstanding stock at the date of this Agreement is 190,000 shares.  The Company shall not issue any other shares until the earlier of:

 

· The termination of this Agreement; or

· The Closing.

(ii) The Company has not reserved any shares of its Common Stock for issuance upon the exercise of options, warrants or any other securities that are exercisable or exchangeable for, or convertible into, Common Stock.  All of the issued and outstanding shares of Common Stock are validly issued, fully paid and non-assessable and have been issued in compliance with applicable laws, including, without limitation, applicable federal and state securities laws.  There are no outstanding options, warrants or other rights of any kind to acquire any additional shares of capital stock of the Company or securities exercisable or exchangeable for, or convertible into, capital stock of the Company, nor is the Company committed to issue any such option, warrant, right or security.  There are no agreements relating to the voting, purchase or sale of capital stock (i) between or among the Company and any of its stockholders, (ii) between or among the Sellers and any third party, or (iii) between or among any of the Company’s stockholders.  The Company is not a party to any agreement granting any stockholder of the Company the right to cause the Company to register shares of the capital stock of the Company held by such stockholder under the Securities Act.

 

(c) Financial Statements.  At least one month before the Closing, the Sellers shall provide the Purchaser with audited balance sheets and statements of operations, changes in stockholders' deficit and cash flows for the years ended December 31, 2011 and December 31, 2012 as well as unaudited, but auditor reviewed balance sheets and statements of operations, changes in stockholders' deficit and cash flows for the period ended March 31, 2013 (collectively, the “Financial Statements”).  The Financial Statements will have been prepared in accordance with United States generally accepted accounting principles applied on a consistent basis, fairly present the financial condition, results of operations and cash flows of the Company as of the respective dates thereof, for the periods referred to therein and are consistent with the books and records of the Company.  The preparation and audit of the Financial Statements will be paid for by the Company.

 

  

3

  

(d) Absence of Certain Changes.  Since March 31, 2013, there will not have not been any event or condition of any character which has materially adversely affected, or may be expected to materially adversely affect, the Company’s business or prospects, including, but not limited to any material adverse change in the condition, assets, Liabilities (existing or contingent) or business of the Company from that shown in the Financial Statements.

 

(e) Legal Proceedings.  As of the date of this Agreement, there is no legal, administrative, investigatory, regulatory or similar action, suit, claim or proceeding which is pending or threatened against the Company which, if determined adversely to the Company, could have, individually or in the aggregate, a Material Adverse Effect.

 

(f) Legal Compliance.  The Company has complied in all material respects with all applicable laws (including rules, regulations, codes, plans, injunctions, judgments, orders, decrees, rulings, and charges thereunder) of all applicable governmental authorities, and no action, suit, proceeding, hearing, investigation, charge, complaint, claim, demand, or notice has been filed or commenced against the Company alleging any failure so to comply.  Neither the Company, nor any officer, director, employee, consultant or agent of the Company has made, directly or indirectly, any payment or promise to pay, or gift or promise to give or authorized such a promise or gift, of any money or anything of value, directly or indirectly, to any governmental official, customer or supplier for the purpose of influencing any official act or decision of such official, customer or supplier or inducing him, her or it to use his, her or its influence to affect any act or decision of an applicable governmental authority or customer, under circumstances which could subject the Company or any officers, directors, employees or consultants of the Company to administrative or criminal penalties or sanctions.

 

(g) Tax Matters.

 

(i) The Company has filed all state and federal tax returns that it was required to file.  All such tax returns were correct and complete in all material respects.  All taxes owed by the Company have been paid. The Company is not currently the beneficiary of any extension of time within which to file any tax return.  No claim has ever been made by an authority in a jurisdiction where the Company does not file tax returns that it is or may be subject to taxation by that jurisdiction.  There are no security interests or Liens on any of the assets of the Company that arose in connection with any failure (or alleged failure) to pay any tax.

 

(ii) The Company has withheld and paid all taxes required to have been withheld and paid in connection with amounts paid or owing to any employee, independent contractor, creditor, stockholder, or other third party.

 

(iii) The Sellers do not expect any authority to assess any additional taxes for any period for which tax returns have been filed.  There is no dispute or claim concerning any Liability with respect to any taxes (a “Tax Liability”) of the Company either (A) claimed or raised by any authority in writing or (B) as to which the Company and the Sellers have knowledge based upon personal contact with any agent of such authority.  No tax returns of the Company have ever been audited or are currently the subject of an audit. The Sellers have delivered to the Purchaser correct and complete copies of all federal and state income and other material tax returns, examination reports, and statements of deficiencies assessed against or agreed to by the Company since inception.

 

  

4

  

(h) Disclosure.  No representation or warranty by the Sellers contained in this Agreement, and no statement contained in any document, certificate or other instrument delivered or to be delivered by or on behalf of the Sellers pursuant to this Agreement, contains or will contain any untrue statement of a material fact or omit or will omit to state any material fact necessary, in light of the circumstances under which it was or will be made, in order to make the statements herein or therein not misleading.

 

6. Representations and Warranties of the Purchaser.

 

The Purchaser represents and warrants to the Sellers as follows:

(a) The Purchaser has full power and authority to enter into this Agreement and to carry out the transactions contemplated hereby.  This Agreement constitutes a valid and binding obligation of the Purchaser enforceable in accordance with its terms, except as (i) the enforceability hereof may be limited by bankruptcy, insolvency or similar laws affecting the enforceability of creditor's rights generally and (ii) the availability of equitable remedies may be limited by equitable principles of general applicability.

 

(b) Neither the execution and delivery of this Agreement nor the consummation of the transactions contemplated hereby, nor compliance by the Purchaser with any of the provisions hereof will: violate, or conflict with, or result in a breach of any provision of, or constitute a default (or an event which, with notice or lapse of time or both, would constitute a default) under, or result in the termination of, or accelerate the performance required by, or result in the creation of any Lien upon any of the properties or assets of the Purchaser under any of the terms, conditions or provisions of any material note, bond, indenture, mortgage, deed or trust, license, lease, agreement or other instrument or obligation to which he is a party or by which he or any of his properties or assets may be bound or affected, except for such violations, conflicts, breaches or defaults as do not have, in the aggregate, any material adverse effect; or violate any material order, writ, injunction, decree, statute, rule or regulation applicable to the Purchaser or any of its properties or assets, except for such violations which do not have, in the aggregate, any material adverse effect.

 

(c) The Purchaser is acquiring the Sellers Shares for its own account for investment and not for the account of any other person and not with a view to or for distribution, assignment or resale in connection with any distribution within the meaning of the Securities Act.  The Purchaser agrees not to sell or otherwise transfer the Sellers Shares unless they are registered under the Securities Act and any applicable state securities laws, or an exemption or exemptions from such registration are available.  The Purchaser has knowledge and experience in financial and business matters such that it is capable of evaluating the merits and risks of acquiring the Sellers Shares.

 

(d) No permit, consent, approval or authorization of, or declaration, filing or registration with any governmental or regulatory authority or the consent of any third party is required in connection with the execution and delivery by the Purchaser of this Agreement and the consummation of the transactions contemplated hereby.

 

  

5

  

7. Brokers and Finders.

 

There are no finders and no parties shall be responsible for the payment of any finders’ fees other than as specifically set forth herein.  Other than the foregoing, neither the Sellers, nor any of its directors, officers or agents on their behalf, have incurred any obligation or liability, contingent or otherwise, for brokerage or finders’ fees or agents’ commissions or financial advisory services or other similar payment in connection with this Agreement.

 

8. Pre-Closing Covenants.

 

The Parties agree as follows with respect to the period between the execution of this Agreement and the Closing.

 

(a) General. Each of the Parties will use his or its best efforts to take all action and to do all things necessary, proper, or advisable in order to consummate and make effective the transactions contemplated by this Agreement (including satisfaction, but not waiver, of the closing conditions set forth in Section 9 below).

 

(b) Notices and Consents.  Each of the Parties will give any notices to, make any filings with, and use its best efforts to obtain any authorizations, consents, and approvals of governmental authorities necessary in order to consummate the transactions contemplated hereby.

 

9. Post-Closing Covenants. 

 

The Parties agree that if at any time after the Closing any further action is necessary or desirable to carry out the purposes of this Agreement, each of the Parties will take such further action (including the execution and delivery of such further instruments and documents) as any other Party may reasonably request, all at the sole cost and expense of the requesting Party.

 

The Seller further agrees that it will not dilute the Sellers’ remaining 5% ownership in the Company through issuances of new shares of changes in the capital structure.

The Company and the Sellers jointly and severally agree to use all funds provided under this Agreement for the development of the Company’s stevia operations in Vietnam.

10. Conditions to Obligation to Close.

 

(a) Conditions to Obligation of the Purchaser.

 

The obligation of the Purchaser to consummate the transactions to be performed by the Purchaser in connection with the Closing are subject to satisfaction of the following conditions:

 

(i) the representations and warranties set forth in Sections 4 and 5 above shall be true and correct in all material respects at and as of the Closing Date;

 

(ii) the Sellers shall have performed and complied with all of their covenants hereunder in all material respects through the Closing;

 

  

6

  

(iii) The Company shall have delivered the Financial Statements to the Sellers;

 

(iv) no action, suit, or proceeding shall be pending or threatened before any court or quasi-judicial or administrative agency of any federal, state, local, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (A) prevent consummation of any of the transactions contemplated by this Agreement or (B) cause any of the transactions contemplated by this Agreement to be rescinded following consummation (and no such injunction, judgment, order, decree, ruling, or charge shall be in effect); and

 

(v) the Purchaser shall have received the resignation of the sole officer and director of the Company and the designees specified by the Purchaser will have been appointed as officers and directors of the Company.

 

           The Purchaser may waive any condition specified in this Section 10(a) at or prior to the Closing in writing executed by the Purchaser.

 

(b) Conditions to Obligation of the Sellers.

 

The obligations of the Sellers to consummate the transactions to be performed by her in connection with the Closing are subject to satisfaction of the following conditions:

 

(i) the representations and warranties set forth in Section 6 above shall be true and correct in all material respects at and as of the Closing Date;

 

(ii) the Purchaser shall have performed and complied with all of its covenants hereunder in all material respects through the Closing;

 

(iii) no action, suit, or proceeding shall be pending or threatened before any court or quasi-judicial or administrative agency of any federal, state, local, or foreign jurisdiction or before any arbitrator wherein an unfavorable injunction, judgment, order, decree, ruling, or charge would (A) prevent consummation of any of the transactions contemplated by this Agreement or (B) cause any of the transactions contemplated by this Agreement to be rescinded following consummation (and no such injunction, judgment, order, decree, ruling, or charge shall be in effect); and

 

(iv) all actions to be taken by the Purchaser in connection with consummation of the transactions contemplated hereby and all certificates, instruments, and other documents required to effect the transactions contemplated hereby will be satisfactory in form and substance to the Sellers.

 

The Sellers may waive any condition specified in this Section 10(b) at or prior to the Closing in writing executed by the Sellers.

 

  

7

  

11. Miscellaneous.

 

(a) Facsimile Execution and Delivery. Facsimile execution and delivery of this Agreement is legal, valid and binding execution and delivery for all purposes.

 

(b) No Third-Party Beneficiaries. This Agreement shall not confer any rights or remedies upon any person other than the Parties and their respective successors and permitted assigns.

 

(c) Entire Agreement. This Agreement (including the documents referred to herein) constitutes the entire agreement among the Parties and supersedes any prior understandings, agreements, or representations by or among the Parties, written or oral, to the extent they related in any way to the subject matter hereof.

 

(d) Succession and Assignment. This Agreement shall be binding upon and inure to the benefit of the Parties named herein and their respective successors and permitted assigns. No Party may assign either this Agreement or any of his or its rights, interests, or obligations hereunder without the prior written approval of the Purchaser and the Sellers; provided, however, that the Purchaser may (i) assign any or all of its rights and interests hereunder to one or more of its Affiliates, and (ii) designate one or more of its affiliates to perform its obligations hereunder, but no such assignment shall operate to release Purchaser or a successor from any obligation hereunder unless and only to the extent that Sellers agrees in writing.

 

(e) Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed an original but all of which together will constitute one and the same instrument.

 

(f) Headings. The Section headings contained in this Agreement are inserted for convenience only and shall not affect in any way the meaning or interpretation of this Agreement.

 

(g) Governing Law. This Agreement shall be governed by and construed in accordance with the domestic laws of the State of Nevada without giving effect to any choice or conflict of law provision or rule (whether of the State of Nevada or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Nevada.

 

(h) Amendments and Waivers. No amendment of any provision of this Agreement shall be valid unless the same shall be in writing and signed by the Purchaser and the Sellers or their respective representatives. No waiver by any Party of any default, misrepresentation, or breach of warranty or covenant hereunder, whether intentional or not, shall be deemed to extend to any prior or subsequent default, misrepresentation, or breach of warranty or covenant hereunder or affect in any way any rights arising by virtue of any prior or subsequent such occurrence.

 

(i) Severability. Any term or provision of this Agreement that is invalid or unenforceable in any situation in any jurisdiction shall not affect the validity or enforceability of the remaining terms and provisions hereof or the validity or enforceability of the offending term or provision in any other situation or in any other jurisdiction.

 

  

8

  

(j) Expenses. Each of the Parties will bear his or its own costs and expenses (including legal fees and expenses) incurred in connection with this Agreement and the transactions contemplated hereby.

 

(k) Construction. The Parties have participated jointly in the negotiation and drafting of this Agreement. In the event an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the Parties and no presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of the authorship of any of the provisions of this Agreement. Any reference to any federal, state or local statute or law shall be deemed also to refer to all rules and regulations promulgated thereunder, unless the context requires otherwise. The word “including” shall mean including without limitation. The Parties intend that each representation, warranty, and covenant contained herein shall have independent significance. If any Party has breached any representation, warranty, or covenant contained herein in any respect, the fact that there exists another representation, warranty, or covenant relating to the same subject matter (regardless of the relative levels of specificity) which the Party has not breached shall not detract from or mitigate the fact that the Party is in breach of the first representation, warranty, or covenant. Nothing in the disclosure Schedules attached hereto shall be deemed adequate to disclose an exception to a representation or warranty made herein, however, unless the disclosure Schedules identifies the exception with particularity and describes the relevant facts in detail. Without limiting the generality of the foregoing, the mere listing (or inclusion of a copy) of a document or other item in the disclosure Schedules or supplied in connection with the Purchaser’ due diligence review, shall not be deemed adequate to disclose an exception to a representation or warranty made herein (unless the representation or warranty has to do with the existence of the document or other item itself).

 

(l) Specific Performance. Each of the Parties acknowledges and agrees that the other Party would be damaged irreparably in the event any of the provisions of this Agreement are not performed in accordance with their specific terms or otherwise are breached. Accordingly, each of the Parties agrees that the other Party shall be entitled to an injunction or injunctions to prevent breaches of the provisions of this Agreement and to enforce specifically this Agreement and the terms and provisions hereof in any action instituted in any court of the United States or any state thereof having jurisdiction over the Parties and the matter (subject to the provisions set forth in Section 11(o) below), in addition to any other remedy to which they may be entitled, at law or in equity.

 

(m) Submission to Jurisdiction. Each of the Parties submits to the jurisdiction of any state or federal court sitting in Nevada, in any action or proceeding arising out of or relating to this Agreement and agrees that all claims in respect of the action or proceeding may be heard and determined in any such court. Each of the Parties waives any defense of inconvenient forum to the maintenance of any action or proceeding so brought and waives any bond, surety, or other security that might be required of any other Party with respect thereto. Any Party may make service on any other Party by sending or delivering a copy of the process to the Party to be served at the address and in the manner provided for the giving of notices in Section 11(g) above. Nothing in this Section 11(o), however, shall affect the right of any Party to bring any action or proceeding arising out of or relating to this Agreement in any other court or to serve legal process in any other manner permitted by law or at equity. Each Party agrees that a final judgment in any action or proceeding so brought shall be conclusive and may be enforced by suit on the judgment or in any other manner provided by law or at equity.

 

  

9

  

 

IN WITNESS WHEREOF, the Sellers and the Purchase have caused this Stock Purchase Agreement to be executed and delivered by their respective officers thereunto duly authorized, all as of the date first written above.

	
Signed, sealed and delivered by

	  	  
	
Matthew Christopherson in the presence of:

	  	  
	  	
)

	
PURCHASER:

	
__________________________________________

	
)

	  
	
Signature

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	
/s/ Matthew Christopherson

	
Name and Address

	
)

	
Matthew Christopherson, President

	  	
)

	  
	
_________________________________________

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	  

 

	
Signed, sealed and delivered by

	  	  
	
Hong Phuong Tran in the presence of:

	  	  
	  	
)

	
HONG PHUONG TRAN

	
__________________________________________

	
)

	  
	
Signature

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	
/s/ Hong Phuong Tran

	
Name and Address

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	  

 

	
Signed, sealed and delivered by

	  	  
	
Anh Tuan Le in the presence of:

	  	  
	  	
)

	
ANH TUAN LE

	
__________________________________________

	
)

	  
	
Signature

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	
/s/ Anh Tuan Le

	
Name and Address

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	  

 

 

  

10

  

 

 

	
Signed, sealed and delivered by

	  	  
	
Dang Khoa Le in the presence of:

	  	  
	  	
)

	
DANG KHOA LE

	
__________________________________________

	
)

	  
	
Signature

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	
/s/ Dang Khoa Le

	
Name and Address

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	  
	  	  	  

	
Signed, sealed and delivered by

	  	  
	
Manh Hung Dinh in the presence of:

	  	  
	  	
)

	
MANH HUNG DINH

	
__________________________________________

	
)

	  
	
Signature

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	
/s/ Manh Hung Dinh

	
Name and Address

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	  

	
Signed, sealed and delivered by

	  	  
	
Manh Tien Nguyen in the presence of:

	  	  
	  	
)

	
MANH TIEN NGUYEN

	
__________________________________________

	
)

	  
	
Signature

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	
/s/ Man Tien Nguyen

	
Name and Address

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	  

 

 

  

11

  

	
Signed, sealed and delivered by

	  	  
	
_________________________________ in the presence of:

	  	  
	  	
)

	
COMPANY:

	
__________________________________________

	
)

	  
	
Signature

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	
/s/Dang Khoa Le

	
Name and Address

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	  
	  	
)

	  
	
_________________________________________

	
)

	  
	  	  	  

  

12ex10-2.htm

Exhibit 10.2

GROWING AND SUPPLY AGREEMENT

July 10, 2012

This Growing and Supply Agreement (the “Agreement”) is made

AMONG:

Global Stevia Corp. a Nevada corporation

(“GS Nevada”)

AND:

Stevia Global Trading Joint Stock Company, a Vietnamese corporation

(“GS Vietnam”)

WHEREAS:

	
A.  

	
GS Vietnam carries on the business of engaging in agriculture and related ancillary businesses and GS Vietnam has competent techniques, capacity and for, and intends to engage and invest in the growing of Stevia;

	
B.  

	
GS Nevada is desirous to entrust GS Vietnam to produce Products (as defined herein) and purchase the Products from GS Vietnam; and

 

	
C.  

	
GS Vietnam is desirous to plant the Stevia Seedlings (as defined herein) and supply the Products only to GS Nevada to the exclusion of other customers and GS Nevada is desirous to purchase the same, on the terms and conditions as set out in this Agreement.

NOW IT IS HEREBY AGREED AS FOLLOWS:

1.   INTERPRETATION

1.1  DEFINITIONS

In this Agreement, unless the context otherwise requires:

	
a)  

	
"Business Day" means a day, other than a Saturday or Sunday, on which banks are open for ordinary banking business in Vietnam.

	
b)  

	
"Parties" means, collectively, GS Vietnam and GS Nevada, and the term "Party" shall refer to either of them as the context may require.

  

  

  

 

	
c)  

	
"Products" means the products set out in Schedule 1.

	
d)  

	
"Specification" means the specification of the Products set out in Schedule 2 or any other specification of the Products agreed in writing between GS Vietnam and GS Nevada from time to time.

 

	
e)  

	
"Price" means the price of the Products set out in Schedule 3 or any other price of the Products agreed in writing between GS Vietnam and GS Nevada from time to time.

 

	
f)  

	
"Stevia Seedlings" means suitable stevia planting materials (ie: cutting/roots).

 

	
g)  

	
"US$" means the United States dollar.

In this Agreement where the context admits:

	
a)  

	
"subsidiary" shall mean a subsidiary of GS Nevada;

	
b)  

	
references to, or to any provision of, any treaty, statute, directive, regulation, decision, order, instrument, by-law, or any other law of, or having effect in, any jurisdiction ("Laws") shall be construed also as references to all other Laws made under the Law referred to, and to all such Laws as for the time being amended, re-enacted (with or without amendment), consolidated or replaced or as their application is modified by other Laws from time to time;

 

	
c)  

	
references to clauses and schedules are references to the clauses of and schedules to this Agreement and references to this Agreement include the schedules and the Agreed Form documents;

 

	
d)  

	
references to the singular shall include the plural and vice versa and references to the masculine, the feminine and the neuter shall include each other such gender;

 

	
e)  

	
"person" includes any individual, partnership, body corporate, corporation or aggregate, state or agency of a state, and any unincorporated association or organization, in each case whether or not having separate legal personality; and

 

	
f)  

	
"company" includes any body corporate.

  

2

  

1.2  HEADINGS

The headings and sub-headings are inserted for convenience only and shall not

affect the construction of this Agreement.

1.3  SCHEDULES

Each of the schedules shall have effect as if set out herein.

2.   ORDERING AND SALE OF THE PRODUCTS

2.1  During the term of this Agreement, GS Vietnam shall sell and GS Nevada shall purchase all Products produced by GS Vietnam in any one year, subject to the terms and conditions of this Agreement.

2.2  In addition to producing Products for GS Nevada, GS Vietnam will also produce Stevia Seedlings for the purposes of producing the Products for GS Nevada.

2.3  GS Vietnam shall sell the Products only to GS Nevada to the exclusion of other customers on the terms and conditions as set out in this  Agreement. GS Nevada is obliged to purchase all product produced, up to 110% of the volumes as described in Schedule 4. If GS Vietnam produces volumes in excess of 110% of those described in Schedule 4, then GS Nevada shall have the right of first refusal to purchase said volumes based on the terms of this agreement. GS Nevada shall, in good faith, endeavor to purchase such volumes, but is not obliged to do so. For all volumes for which GS Nevada does not purchase, GS Vietnam may sell to another party.

3.   SPECIFICATION AND QUANTITY OF THE PRODUCTS

3.1  All Products sold by GS Vietnam to GS Nevada pursuant to this Agreement shall conform in all respects to the Specification.

3.2  Subject to clause 8.1, GS Vietnam and GS Nevada shall review and agree on or before the 30th April of each Year on any subsequent revisions to the Specification of the Products applicable for the forthcoming Year.

3.3  GS Vietnam will permit GS Nevada or GS Nevada's representative at all reasonable times to enter GS Vietnam's premises and growing sites for the purpose of inspecting the Products and Stevia Seedlings and the processing, packaging and storage operation (whether or not owned by GS Vietnam) relating to the Products and Stevia Seedlings, and will as reasonably requested by GS Nevada, supply without cost random samples of the Products and Stevia Seedlings for testing by GS Nevada or its representatives, to ensure that the growing conditions of the Stevia Seedlings and Products conform with GS Nevada's requirements and that the Products and Stevia Seedlings will meet with the Specifications.

  

3

  

3.4  GS Vietnam may consult with GS Nevada from time to time during the term of this Agreement in order to ensure that the Specification of the Products to be sold by GS Vietnam to GS Nevada is acceptable to GS Nevada. Any amendments to the Specification shall be agreed to in writing by both Parties.

3.5  GS Vietnam shall supply GS Nevada with quantities of Product as set out in Schedule 4. GS Vietnam shall provide GS Nevada with prior notice at any time if it has reason to believe that it would be substantially over or under produced to fulfill the forecast volumes under this clause.

3.6  Subject to clause 8.1, GS Vietnam and GS Nevada shall review and agree on or before the 30th of April of each Year on the quantity of the Products to be supplied by GS Vietnam to GS Nevada in the forthcoming Year and GS Vietnam shall provide GS Nevada with prior written notice at any time during the year following the revision if it has reason to believe that it would be unable to fulfill its forecast volumes under this clause.

4.   MANUFACTURE AND DELIVERY OF THE PRODUCTS

4.1  Delivery of the Products shall be at terms FOB Hai phong port in Vietnam.  GS Vietnam shall deliver, at their costs, to the port out of Vietnam.  GS Vietnam shall provide all necessary export documents, in advance, to facilitate the timely shipping of the product.

4.2  GS Vietnam shall ensure that the Products are thoroughly inspected and meet the Specifications prior to the delivery of the Products as described in clause 4.1.

4.3  GS Vietnam shall take all reasonable steps including but not limited to propagation activities to continue to improve the quality of the Products.

4.4  Upon receiving Products GS Nevada shall inspect the Products within fourteen (14) Business Days of such delivery and notify GS Vietnam upon inspection of any defect by reason of which GS Nevada alleges that the Products delivered are not in accordance with the Specification and which should be apparent on reasonable inspection.

4.5  If GS Nevada fails to give any notice as described in clause 4.4 then, except in respect of any defect which is not one which should be apparent on reasonable inspection, the Products shall be conclusively presumed to be in all respects in accordance with the Specification, and accordingly GS Nevada shall be deemed to have accepted the delivery of the Products in     question and GS Vietnam shall have no liability to GS Nevada with respect to that delivery.

4.6  If GS Nevada rejects any delivery of the Products which are not in conformity with the Specification ("Defective Products"), GS Nevada may still proceed to buy the Defective Products from GS Vietnam at such price to be mutually agreed between GS Nevada and GS Vietnam. In the event GS Nevada does not purchase the Defective Products because their quality is below acceptable standards or because the Parties cannot mutually agree on a price, then the following shall occur:

 

  

4

  

 

	
a)  

	
GS Vietnam shall pay GS Nevada all the monies paid by GS Nevada for the respective Products supplied by GS Nevada to GS Vietnam, and

	
b)  

	
GS Vietnam may sell the same to third parties and shall then utilize the proceeds of such sale to first pay GS Nevada all the monies paid by GS Nevada for the respective products and then all remaining proceeds, if any, will be paid to GS Vietnam.

4.7  Subject to Clause 4.4 and 4.6, all other risk in and responsibility for the Products shall pass to GS Nevada once the Products are received at the Port of Hai Phong (or other acceptable port as mutually agreed in writing). Property and title in the Products shall not pass to GS Nevada until GS Vietnam has received full payment for the Products in accordance with clause 5.

4.8  The delivery of the Products by GS Vietnam to GS Nevada shall be in packing sizes and material acceptable to GS Nevada. GS Nevada shall be entitled under this Agreement to net off the packaging material weight. The cost for the packaging shall be paid by GS Vietnam.

5.   PRICE OF THE PRODUCTS AND STEVIA SEEDLINGS AND PAYMENT

5.1  The initial price to be charged by GS Vietnam to GS Nevada in respect of the Products for the first (1) year is as set out in Schedule 3.

5.2  Pursuant to clause 8.1, GS Vietnam and GS Nevada shall review and agree on or before the 30th of April of each Year on any subsequent revisions to the Price and price adjustment mechanisms set out in Schedule 3 applicable for the forthcoming Year provided that the pricing mechanism of the Products for the forthcoming year shall not exceed 20% of the agreed price of that material year net of an annual inflation adjustment of the country in which the purchase price currency is based and/or net of an  annual inflation adjustment of the producing country further adjusted for by the currency conversion of the purchase price currency. GS Vietnam and GS Nevada shall act in good faith to negotiate the terms of the pricing mechanism of the Products for the forthcoming year. GS Vietnam and GS Nevada shall not act unreasonably to frustrate or terminate the negotiations of the pricing mechanism of the Products for the forthcoming year.

5.3  GS Vietnam shall be entitled to reasonably increase the price for the Products to cover any extra expenditure incurred as a result of the GS Nevada's instructions.

5.4  Payment shall be by irrevocable L/C or other method as mutually agreed in writing. All bank charges and fees connected with issuing the Letter of Credit shall be for GS Nevada's account. GS Vietnam's Bank Confirmation charges are for GS Vietnam's account. Bank charges for extension of the Letter of Credit shall be borne by the party in default. GS Nevada shall open the L/C upon receipt of the notification from GS Vietnam about the quantity and delivery date.

 

  

5

  

 

5.5  GS Vietnam is liable for any and all taxes assessed on the products by the Tax Authority of Vietnam.

6.   CONFIDENTIALITY

6.1  Subject to the provisions of clauses 6.2 and 6.3, each party:

	
a)  

	
shall treat as strictly confidential and use solely for the purposes contemplated by this Agreement all information, whether technical or commercial, obtained or received by it as a result of entering into or performing its obligations under this Agreement and relating to the negotiations relating to, or the provisions or subject matter of, this Agreement or any other party to it ("Confidential Information");

	
b)  

	
shall not, except with the prior written consent of the party from whom the Confidential Information was obtained publish or otherwise disclose to any person any Confidential Information except for the purposes contemplated by this Agreement; and

	
c)  

	
where any of the Confidential Information is also privileged, the waiver of such privilege is limited to the purposes of this agreement and does not and is not intended to result in any wider waiver of the privilege and each party shall take all reasonable steps to protect the privilege of the other party in its respective Confidential Information and shall advice the other party promptly in writing if any step is taken by any other person to obtain any privileged Confidential Information of the other party.

6.2  Each party may disclose Confidential Information which would otherwise be subject to clause 6.1 if, and only to the extent that it can demonstrate that:

	
a)  

	
such disclosure is required by law or by any securities exchange or regulatory or governmental body having jurisdiction over it, wherever situated, and whether or not the requirement has the force of law;

	
b)  

	
the Confidential Information was lawfully in its possession prior to its disclosure by the other party (as evidenced by written records) and had not been obtained from the other party;

	
c)  

	
the Confidential Information has come into the public domain other than through its fault or the fault of any person to whom the Confidential Information has been disclosed in accordance with clause 6.1;

 

 

  

6

  

 

provided that any such disclosure shall not be made without prior consultation with the party from whom the Confidential Information was obtained.

6.3  Each party may for the purposes contemplated by this Agreement disclose Confidential Information to the following persons or any of them, [provided that a written confidentiality undertaking in a form equivalent to clause 6.1 has been obtained from such person:

	
a)  

	
its professional advisers, auditors, bankers and insurers, acting as such; and

	
b)  

	
its directors, officers, senior employees and sub-contractors.

6.4  The restrictions contained in this clause shall survive the termination of this Agreement and shall continue for two years from the date of termination.

7.   WARRANTIES

GS Vietnam hereby separately represents warrants and undertakes for itself to and with GS Nevada and its successors in title as follows:

	
a)  

	
GS Vietnam has full legal right, power and authority to execute, deliver and perform their obligations under this Agreement; and

	
b)  

	
There is no provision of any existing contract, agreement or instrument binding GS Vietnam which has been or would be contravened by the execution and delivery of this Agreement or by the performance or observance by GS Vietnam of any of the terms hereof.

GS Nevada hereby separately represents warrants and undertakes for itself to and with GS Vietnam and its successors in title as follows:

	
a)  

	
GS Nevada has full legal right, power and authority to execute, deliver and perform their obligations under this Agreement; and

	
b)  

	
There is no provision of any existing contract, agreement or instrument binding GS Nevada which has been or would be contravened by the execution and delivery of this Agreement or by the performance or observance by GS Nevada of any of the terms hereof.

8.   TERM AND TERMINATION

8.1  This Agreement shall come into force on the Effective Date and, subject to earlier termination pursuant to clauses 12.4, 8.2, 8.3 or 8.4 below, shall continue in force for a period of one (1) year ("Term") and thereafter may be renewed on its anniversary each year for an additional period of one (1) year by written consent of both parties ("Extended Term").

 

  

7

  

 

8.2  Either party may terminate this Agreement forthwith by giving written notice to the other in any of the following events:

	
a)  

	
if the other party commits any material breach of any of the terms and conditions of this Agreement and fails to remedy that breach (if capable of remedy) within one month after notice from the other party requiring it to be remedied and giving full particulars of the breach; or

	
b)  

	
if the other party has a winding up petition presented against it or enters into liquidation whether compulsory or voluntary (except for the purposes of bona fide reconstruction or amalgamation with the prior approval of the other party), or compounds with or makes any arrangement with its creditors or makes a general assignment for the benefit of its creditors, or if it has a receiver, manager,

	
c)  

	
administrative receiver or administrator appointed over the whole or substantially the whole of its undertaking or assets, or if it has an administration petition presented or administration application made against it or a notice of intention to appoint an administrator has been given to any person or if it ceases or threatens to cease to carry on its business, or makes any material change in its business, or if it suffers any analogous process under any foreign law.

8.3  Either Party is at liberty to terminate the Agreement without any liability whatsoever to the other Party if the review of the Specifications (as ascribed in clause 3.2 hereto); or the Pricing (as ascribed in clause 5.2 hereto) is not agreed between GS Vietnam and GS Nevada in writing at least 65 days prior to the end of each calendar Year.

8.4  Upon termination in accordance with this clause 8 or clause 12.4:

	
a)  

	
the rights and obligations of the parties under this Agreement shall terminate and be of no future effect, except that clauses 1, 6 and 11 shall remain in full force and effect;

	
b)  

	
any rights or obligations to which any of the parties to this Agreement may be entitled or be subject before such termination shall remain in full force and effect;

	
c)  

	
termination shall not affect or prejudice any right to damages or other remedy which the terminating party may have in respect of the event which gave rise to the termination or any other right to damages or other remedy which any party may have in respect of any breach of this Agreement which existed at or before the date of termination.

  

8

  

9.   LIMITATION OF LIABILITY

9.1  The provisions of this clause 9 set out the entire financial liability of GS Vietnam (including any liability for the acts or omissions of its employees, agents and subcontractors) to GS Nevada in respect of:

	
a)  

	
any breach of this Agreement; and

	
b)  

	
any representation, statement or tortious act or omission including negligence arising under or in connection with this Agreement;

	
c)  

	
Product liability, Product safety only as it pertains to any specific act of negligence traceable to GS Vietnam;

	
d)  

	
voluntary or involuntary recall of the Products only as it pertains to any specific act of negligence traceable to GS Vietnam;

9.2  All warranties, conditions and other terms implied by statute or common law are to the fullest extent permitted by law, excluded from the terms of this Agreement.

10.  PROVISIONS RELATING TO THIS AGREEMENT

10.1 Either party may at any time, with the prior written consent of the other party, (such consent not to be unreasonably withheld or delayed) assign all or any part of its rights and benefits under this Agreement provided that no consent shall be required for such an assignment to any Affiliate of either party so long as the assignment does not result in a change to the conditions of the agreement in any way.

It is understood that GS Nevada may enter into one or more Service Agreements with companies ("Service Company") to administer specific activities and/or represent GS Nevada for specific activities within Vietnam. When such appointments are made, GS Nevada shall inform GS Vietnam and GS Vietnam shall respect the appointed authority of the Service Company.

10.2  GS Vietnam shall be entitled to carry out its obligations under this Agreement through any agents or sub-contractors appointed by it in its absolute discretion for that purpose subject to the written consent of GS Nevada.

10.3 This Agreement, together with any documents referred to in it constitutes the whole agreement between the parties relating to its subject matter and supersedes and extinguishes any prior drafts, agreements, undertakings, representations, warranties and arrangements of any nature, whether in writing or oral, relating to such subject matter, and can be amended only by written agreement amongst the Parties.

The Parties acknowledge that they have not been induced to enter into this Agreement by any representation or warranty other than those contained in this Agreement and, having negotiated and freely entered into this Agreement, agree that they shall have no remedy in respect of any other such representation or warranty except in the case of fraud. The Parties acknowledge that their legal advisers have explained to them the effect of this clause.

 

  

9

  

 

No variation of this Agreement shall be effective unless made in writing and signed by each of the parties.

10.4 The rights, powers, privileges and remedies provided in this Agreement are cumulative and are not exclusive of any rights, powers, privileges or remedies provided by law or otherwise.

No failure to exercise nor any delay in exercising by any party to this Agreement of any right, power, privilege or remedy under this Agreement shall impair or operate as a waiver thereof in whole or in part.

No single or partial exercise of any right, power privilege or remedy under this Agreement shall prevent any further or other exercise thereof or the exercise of any other right, powers, privilege or remedy.

10.5 Subject to any express provisions to the contrary each party to this Agreement shall pay its own costs of and incidental to the negotiation, preparation, execution and carrying into effect of this Agreement.

10.6 If any provision of this Agreement shall be held to be illegal, void, invalid or unenforceable under the laws of any jurisdiction, the legality, validity and enforceability of the remainder of this Agreement in that jurisdiction shall not be affected, and the legality, validity and enforceability of the whole of this Agreement in any other jurisdiction shall not be affected.

10.7 This Agreement may be executed in any number of counterparts, which shall together constitute one Agreement. Any party may enter into this Agreement by signing any such counterpart.

10.8 Any notice (which term shall in this clause include any other communication) required to be given under this Agreement or in connection with the matters contemplated by it shall, except where otherwise specifically provided, be in writing in the English language.

Any such notice may be:

	
a)  

	
personally delivered, in which case it shall be deemed to have given upon delivery at the relevant address if it is delivered not later than 17.00 hours on a Business Day, or, if it is delivered later than 17.00 hours on a Business Day or at any time on a day which is not a Business Day, at 09.00 hours on the next Business Day; or

  

10

  

	
b)  

	
if within USA, sent by first class pre-paid post, in which case it shall be deemed to have been given two Business Days after the date of posting; or

 

	
c)  

	
if from or to any place outside USA, sent by pre-paid airmail, or by air courier in which case it shall be deemed to have been given seven Business Days after the date of posting in the case of airmail or two Business Days after delivery to the courier, in the case of air courier;

 

	
d)  

	
sent by facsimile, in which case it shall be deemed to have been given when despatched, subject to confirmation of uninterrupted transmission by a transmission report provided that any notice despatched by facsimile after 17.00 hours on any Business Day or at any time on a day which is not a Business Day shall be deemed to have been given at 09.00 on the next Business Day; or

 

	
e)  

	
sent by electronic mail, in which case, it shall be deemed to be given when received but subject to the same provisions regarding receipt after 17.00 hours as apply to notices sent by facsimile;

Any party to this Agreement may notify the other party of any change to the address or any of the other details, provided that such notification shall only be effective on the date specified in such notice or five Business Days after the notice is given, whichever is later.

10.9 Nothing in this Agreement shall constitute, or be deemed to constitute a partnership between the parties, nor except as expressly provided, shall it constitute, or be deemed to constitute, any party as the agent of any other party for any purpose.

Subject to any express provisions to the contrary in this Agreement, neither Party shall have the right or authority to and shall not do any act, enter into any contract, make any representation, give any warranty, incur any liability, assume any obligation, whether express or implied, of any kind on behalf of the other Party or bind the other Party in any way.

11. LAW AND JURISDICTION

11.1 This Agreement shall be governed by, and construed in accordance with, Vietnamese law.

11.2 GS Vietnam shall comply strictly with all applicable requirements relating to occupational safety and health legislation or similar laws in the country of operations in which the product is produced, and the relevant rules and regulations thereunder. In addition, GS Vietnam shall strive to incorporate higher international standards where applicable and appropriate and not in conflict with local rules and regulations.

  

11

  

11.3 In relation to any legal action or proceedings arising out of or in connection with this Agreement ("Proceedings"), each of the parties irrevocably submits to the non-exclusive jurisdiction of the Vietnamese courts and waives any objection to Proceedings in such courts on the grounds of venue or on the grounds that Proceedings have been brought in an inappropriate forum.

All taxes and duties/fees applied inside of Socialist Republic of Vietnam and the income tax of GS Vietnam in Vietnam in accordance to the Vietnam laws shall be entirely at GS Vietnam charge.

GS Nevada shall be responsible for all the import taxes and other duties (if any) assessed by the country of import for the imported goods under this agreement in accordance to the laws of the country of import.

12. FORCE MAJUERE

12.1 Neither party shall be deemed to be in breach of this Agreement or otherwise liable to the other as a result of any delay or failure in the performance of its obligations under this Agreement if and to the extent that such delay or failure is caused by force majeure (as defined in clause 12.2) and the time for performance of the relevant obligation(s) shall be extended accordingly.

12.2 For the purpose of this clause, "force majeure" means any circumstances not within the reasonable control of the party concerned including, without limitation:

	
a)  

	
any strike, lockout or other industrial action, or any shortage of or difficulty in obtaining labor, fuel, raw materials or components; any destruction, permanent breakdown, malfunction or damage of or to any premises, plant, equipment (including computer systems) or materials;

	
b)  

	
any action taken by a governmental or public authority of any kind, including, without limitation, not granting a consent, exemption, approval or clearance or imposing an embargo, export or import restriction, rationing, quota or other restriction or prohibition;

	
c)  

	
any civil commotion or disorder, riot, invasion, war, threat of or preparation for war;

	
d)  

	
any accident, fire, or explosion, (other than in each case, one caused by a breach of contract by or assistance of the party concerned) storm, flood, earthquake, subsidence, epidemic or other natural physical disaster.

12.3 A party whose performance of its obligations under this Agreement is delayed or prevented by force majeure:

  

12

  

	
a)  

	
shall immediately notify the other party of the nature, extent, effect and likely duration of the circumstances constituting the force majeure;

	
b)  

	
shall use all reasonable endeavors to minimize the effect of the force majeure on its performance of its obligations under this Agreement including the making of any alternative arrangements for resuming the performance of its obligations which may be practicable without incurring material additional expense; and

	
c)  

	
shall, subject to clause 12.4, immediately after the cessation of the force majeure, notify the other party thereof and resume full performance of its obligations under this Agreement.

12.4 If any force majeure delays or prevents the performance of the obligations of either party for a continuous period in excess of six months, the party not so affected shall then be entitled to give notice to the affected party to terminate this Agreement, specifying the date (which shall not be less than 30 Business Days after the date on which the notice is given) on which termination will take effect. Such a termination notice shall be irrevocable, except with the consent of both parties, and upon termination the provisions of clause 8.4 shall apply

13.  FINAL PROVISIONS

13.1 The Agreement shall be in English languages and all the documentation related hereto shall be in English languages.

13.2 This Agreement is the completed and unique agreement between the parties. Some matters arising during the performance of this Agreement may be amended or supplemented or replaced by an Annex to this Agreement with the consent of all parties and such addition shall become an integral part of this Agreement.

 

GLOBAL STEVIA CORP.

 

 

Per: /s/ Matthew Christopherson      

Authorized Signatory

Name: Matthew Christopherson

Title:   President

 

 

STEVIA GLOBAL TRADING JOINT STOCK COMPANY

 

 

Per: /s/ Authorized Signatory        

Authorized Signatory

 

  

13

  

SCHEDULE 1

PRODUCTS

 

 

 

  

14

  

SCHEDULE 2

PRODUCT SPECIFICATIONS

 

 

 

  

15

  

SCHEDULE 3

PRICE OF PRODUCTS

 

 

 

  

16

  

 

SCHEDULE 4

PRODUCT VOLUME

 

 

 

  

17

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00205-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00205-of-00352.parquet"}]]