Document:

Unassociated Document

    Exhibit
10.1

    

    PROMISSORY
NOTE

    

    
      	
              $12,000

            	 
      	
              February
      22, 2010

            

    

    

    FOR VALUE
RECEIVED, and intending to be legally bound, Jago China Holding Limited, a
Nevada corporation with an address at Jago China Holding Limited c/o CSC
Services of Nevada, Inc., 502 East John Street, Nevada 89706 (the “Maker”),
hereby unconditionally and irrevocably promises to pay to the order of ALLGLAD
LIMITED with an address at P.O. Box 957 Offshore Incorporation Centre, Road
Town, Tortola, British Virgin Islands 11601 (the “Payee”), in lawful money of
the United States of America, the sum of twelve thousand dollars ($12,000) on or before the
earlier of (i) February 21, 2014 or (ii) the date that the Maker (or a wholly
owned subsidiary of the Maker) consummates a business combination with an
operating company in a reverse merger or reverse takeover transaction or other
transaction after which the Maker would cease to be a shell company (as defined
in Rule 12b-2 under the Securities Exchange Act of 1934, as amended) (the
“Maturity Date”).

    

    Interest
shall not accrue on the outstanding principal balance of this Promissory
Note. This
Promissory Note may be prepaid in whole or in part at any time or from time to
time without penalty prior to the Maturity Date.

    

    For
purposes of this Promissory Note, an "Event of Default" shall occur if the Maker
shall: (i) fail to pay the entire principal amount of this Promissory Note when
due and payable, (ii) admit in writing its inability to pay any of its monetary
obligations under this Promissory Note, (iii) make a general assignment of its
assets for the benefit of creditors, or (iv) allow any proceeding to be
instituted by or against it seeking relief from or by creditors, including,
without limitation, any bankruptcy proceedings, if such proceedings are not
dismissed within 30 days.

    

    In the
event that an Event of Default has occurred, the Payee or any other holder of
this Promissory Note may, by notice to the Maker, declare this entire Promissory
Note to be forthwith immediately due and payable, without presentment, demand,
protest or further notice of any kind, all of which are hereby expressly waived
by the Maker.  In the event that an Event of Default consisting of a
voluntary or involuntary bankruptcy filing has occurred, then this entire
Promissory Note shall automatically become due and payable without any notice or
other action by Payee.

    

    The
nonexercise or delay by the Payee or any other holder of this Promissory Note of
any of its rights hereunder in any particular instance shall not constitute a
waiver thereof in that or any subsequent instance.  No waiver of any
right shall be effective unless in writing signed by the Payee, and no waiver on
one or more occasions shall be conclusive as a bar to or waiver of any right on
any other occasion.

    

    Should
any part of the indebtedness evidenced hereby be collected by law or through an
attorney-at-law, the Payee or any other holder of this Promissory Note shall, if
permitted by applicable law, be entitled to collect from the Maker all
reasonable costs of collection, including, without limitation, attorneys’ fees
and expenses.

    

    All
notices and other communications must be in writing to the address of the party
set forth in the first paragraph hereof and shall be deemed to have been
received when delivered personally (which shall include via an overnight courier
service) or, if mailed, three (3) business days after having been mailed by
registered or certified mail, return receipt requested, postage prepaid. The
parties may designate by notice to each other any new address for the purpose of
this Promissory Note.

    

    Maker
hereby forever waives presentment, demand, presentment for payment, protest,
notice of protest, and notice of dishonor of this Promissory Note and all other
demands and notices in connection with the delivery, acceptance, performance and
enforcement of this Promissory Note.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    This
Promissory Note shall be binding upon the successors and assigns of the Maker,
and shall be binding upon, and inure to the benefit of, the successors and
assigns of the Payee.

    
 

    This
Promissory Note shall be governed by and construed in accordance with the
internal laws of the State of Nevada.

    
 

    [The
remainder of this page has been intentionally left blank.]

    
 

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    IN
WITNESS WHEREOF, the undersigned Maker has executed this Promissory Note as of
February 22, 2010.

    

    
      	 
      	
              MAKER:

            
	 
      	 
      	 
      
	 
      	
              Jago
      China Holding Limited

            
	 
      	 
      	 
      
	 
      	
              By:

            	
              /s/ Yin Yin Shao

            
	 
      	 
      	
              Name:
      Yin Yin Shao

            
	 
      	 
      	
              Title:
      President, Treasurer and SecretaryUnassociated Document

    Exhibit
10.2

    To: Jago
China Holding Limited

    Jiefang
Road, Xinxing Commercial Plaza Room 4712-15

    Shenzhen,
Guangdong

    P.R.
China

    

    1. The undersigned hereby subscribes
for 499,000 shares of common stock, par value $0.001 (the “Shares”), of Jago
China Holding Limited, a Nevada corporation (the “Company”) for a total
subscription price of $499 (the “Subscription Price”).

    

    2. The
Shares for which the undersigned hereby subscribes are being offered for sale
pursuant to an exemption from the registration provisions of the Securities Act
of 1933, as amended (the “Securities Act”) and, in particular, Regulation S
promulgated thereunder, are being acquired by the undersigned for investment
only, for the undersigned’s own account, and not with a view to, or for sale in
connection with, any distribution of the Shares in violation of the Securities
Act, or any rule or regulation under the Securities Act. The Shares are not
being purchased for subdivision or fractionalization thereof; the undersigned
has no contract, undertaking, agreement or arrangement with any person or entity
to sell, hypothecate, pledge, donate or otherwise transfer (with or without
consideration) to any such person or entity any Shares for which the undersigned
hereby subscribes, and the undersigned has no present plans or intention to
enter into any such contract, undertaking, agreement or
arrangement.

     

    3. It is
understood that the Shares have been duly and validly authorized for issuance by
the Company, and when issued pursuant to the terms of this subscription
agreement, will be validly issued, fully paid and non-assessable, not subject to
any preemptive or similar rights, free from all taxes, Liens, charges and
security interests with respect to the issuance thereof and free of restrictions
on transfer other than as expressly contemplated herein.

     

    4. At the
time the undersigned was offered the Shares, the undersigned was not, and at the
date hereof it is not, a “U.S. Person” (as defined in Rule 902 of Regulation S
under the Securities Act), it understands that no action has been or will be
taken in any jurisdiction by the Company that would permit a public offering of
the Shares in any country or jurisdiction where action for that purpose is
required and it is not acquiring the Shares for the account or benefit of any
U.S. persons, except in accordance with one or more available exemptions from
the registration requirements of the Securities Act or in a transaction not
subject thereto.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    5. No
form of “directed selling efforts” (as defined in Rule 902 of Regulation S under
the Securities Act) has been or will be used nor will any offers by means of any
directed selling efforts in the United States be made by the undersigned or any
of its representatives in connection with the offer and sale of the Shares. Neither the undersigned,
nor any of its affiliates, nor any person or entity acting on their behalf, has
engaged or will engage in any activity that reasonably could be expected to have
the effect of conditioning the markets in the United States for the Shares. To
the best knowledge of the undersigned, this subscription agreement and the
transaction contemplated herein are not part of a plan or scheme to evade the
registration provisions of the Securities Act.  The undersigned agrees
that all offers and sales of the Shares shall be made in compliance with the
provisions of Regulation S and any other applicable provisions of the Securities
Act.

     

    6. The
undersigned understands (i) that he, she or it will not be able to transfer the
Shares without delivering an opinion of counsel satisfactory to the Company that
the Shares have been registered or that the transfer falls within an exemption
from such registration, and (ii) each certificate representing (A) the Shares
and (B) any other securities issued in respect of the Shares upon any stock
split, stock dividend, recapitalization, merger, consolidation or similar event,
shall be stamped or otherwise imprinted with a legend in substantially the
following form (in addition to any legend required under applicable state
securities laws):

     

    THE
SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ACQUIRED FOR INVESTMENT AND
HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933. SUCH SHARES MAY NOT
BE SOLD OR TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION UNLESS THE TRANSFER
IS IN ACCORDANCE WITH AN EXEMPTION THEREFROM AND THE COMPANY RECEIVES AN OPINION
OF COUNSEL REASONABLY ACCEPTABLE TO IT STATING THAT SUCH SALE OR TRANSFER IS
EXEMPT FROM THE REGISTRATION AND PROSPECTUS DELIVERY REQUIREMENTS OF SAID
ACT.

     

    7. It is
understood that this subscription is not binding upon the Company until the
Company accepts it, and that the Company has the right to accept or reject this
subscription in whole or in part in its sole and complete discretion in which
case it shall return to the undersigned the payment without
interest.  If this subscription is not rejected by the Company within
3 calendar days of the payment of the Subscription Price, this subscription is
deemed to have been accepted and binding upon the Company.

     

    
      
        	
                Very
      truly yours,

              
	 
      
	
                /s/ Juan Tao

              
	
                Juan
      Tao

              

      

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    Acknowledged
by:

    

    Jago
China Holding Limited

     

    
      
        	
                By:

              	
                /s/ Yin Yin Shao

              
	
                Yin
      Yin Shao

              
	
                President

              

      

    

     

    Date:  April
5, 2010

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