Document:

EXHIBIT
      10.20

     

    SECURITIES
      PURCHASE AGREEMENT

     

    Small
      World Kids, Inc.

    5711
      Buckingham Parkway

    Culver
      City, CA 90230

    Phone:
      (310) 645-9680 

    Facsimile:
      (310) 258-1195

    Ladies
      and Gentlemen:

     

    The
      undersigned investor (the “Investor”), hereby confirms its agreement with you as
      follows:

     

    1.    This
      Securities Purchase Agreement, including Annex I, and the exhibits thereto
      (the
“Agreement”) is made as of June 9, 2006 between Small World Kids, Inc.(the
“Company”) and the Investor with respect to the sale of shares (the “Preferred
      Shares”) of the Company’s Class A-1 Convertible Preferred Stock (the
“Class A-1 Preferred Stock”). The powers, designations, preferences and
      other rights of such of Class A-1 Preferred Stock are set forth on
      Exhibit A.

     

    2.    The
      Company and the Investor agree that the Investor will purchase from the Company,
      and the Company will sell to the Investor, the number of Preferred Shares set
      forth opposite the Investor’s name on the signature page of this Agreement, at a
      purchase price per Preferred Share of $1.10, pursuant to the Terms and
      Conditions for Purchase of Securities attached hereto as Annex I and
      incorporated herein by reference as if fully set forth herein. Unless otherwise
      requested by the Investor, certificates representing the Preferred Shares will
      be registered in the Investor’s name and address as set forth
      below.

     

    The
      next page is the signature page.

    
      
        
        

      

      
        -1-

        
          

        

      

      
        
        

      

       

    

    Please
      confirm that the foregoing correctly sets forth the agreement between us by
      signing in the space provided below for that purpose. 

     

    
      	
              AGREED
                AND ACCEPTED:

            	 
	 	 
	
              COMPANY:

            	
              SMALL
                WORLD KIDS, INC.

            
	 	 
	 	 
	
              SMALL
                WORLD KIDS, INC.

            	
              By: 
                /s/ John Matise

              Name:John
                Matise

              Title:
                Chief Operating Officer

            
	 	 
	
              Individual

            	
              By: 
                /s/ Barton
                I. Gurewitz 

              Name:
                Barton
                I. Gurewitz 

            
	 	 
	
              Bushido
                Capital Master Fund, LP 

            	
              By: 
                /s/ Chris
                Rossman

              Name:
                Chris
                Rossman

            
	 	 
	
              C.E.
                Unterberg, Towbin Capital Partners 1, L.P. 

            	
              By: 
                /s/ Rich
                Reynoso

              Name:
                Rich
                Reynoso

            
	 	 
	
              Fine
                Family Trust

            	
              By: 
                /s/ Russell
                Fine

              Name:
                Russell
                Fine

            
	 	 
	
              Frontera
                Toy Partners, L.P.

            	
              By: 
                /s/ Eric
                Manlunas

              Name:
                Eric
                Manlunas

            
	 	 
	
              Gamma
                Opportunity Capital Partners LP, Class A 

            	
              By: 
                /s/ Jonathon
                Knight

              Name:
                Jonathon
                Knight

            
	 	 
	
              Gamma
                Opportunity Capital Partners LP, Class C 

            	
              By: 
                /s/ Jonathon
                Knight

              Name:
                Jonathon
                Knight

            
	 	 
	
              Individual

            	
              By: 
                /s/ George
                Karfunkel 

              Name:
                George
                Karfunkel 

            
	 	 
	
              HIT
                Credit Union

            	
              By: 
                /s/ Shelly
                Singhal

              Name:
                Shelly
                Singhal

            
	 	 
	
              Hong
                Kong League Central Credit Union 

            	
              By: 
                /s/ Shelly
                Singhal

              Name:
                Shelly
                Singhal

            

    

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

     

     

    
      	
              Jark
                Holdings, LLC 

            	
              By: 
                /s/ William
                Abrams

              Name:
                William
                Abrams

            
	 	 
	
              Individual

            	
              By: 
                /s/ Michael
                Karfunkel 

              Name:
                Michael
                Karfunkel 

            
	 	 
	
              Individual

            	
              By: 
                /s/ John
                Matise 

              Name:
                John
                Matise 

            
	 	 
	
              Individual

            	
              By: 
                /s/ John
                J. Nelson Jr. 

              Name:
                John
                J. Nelson Jr. 

            
	 	 
	
              PCCW
                Credit Union 

            	
              By: 
                /s/ Shelly
                Singhal

              Name:
                Shelly
                Singhal

            
	 	 
	
              The
                Pindus Family Living Trust 

            	
              By: 
                /s/ Mitchell
                Pindus

              Name:
                Mitchell
                Pindus

            
	 	 
	
              The
                Shebson Trust

            	
              By: 
                /s/ Joanna
                Shebson

              Name:
                Joanna
                Shebson

            
	 	 
	
              Sid
                Marshall Enterprises,
                LP 

            	
              By: 
                /s/ Sid
                Marshall

              Name:
                Sid
                Marshall

            
	 	 
	
              SWT,LLC
                

            	
              By: 
                /s/ David
                Marshall

              Name:
                David
                Marshall

            
	 	 
	
              Trinad
                Capital Master Fund Ltd 

            	
              By: 
                /s/ Jackie
                Singh

              Name:
                Jackie
                Singh

            

    

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

     

    ANNEX
      I

     

    TERMS
      AND CONDITIONS FOR PURCHASE OF SECURITIES

     

    1.    Authorization.
      Subject
      to the terms and conditions in this Annex I, the Company has authorized the
      sale of up to 12,000,000 shares of Class A-1 Preferred Stock.

     

    2.    Agreement
      to Sell and Purchase the Preferred Shares; Subscription Date.

     

    2.1    At
      the
      Closing (as defined in Section 2), the Company will sell to the Investor,
      and the Investor will purchase from the Company, upon the terms and conditions
      hereinafter set forth, the Preferred Shares.

     

    2.2    The
      Company is entering into a substantially similar form of Securities Purchase
      Agreement, including these Terms and Conditions, with the other investors listed
      along with the Investor (the “Other Investors”). (The Investor and the Other
      Investors are hereinafter sometimes collectively referred to as the “Investors,”
and the Securities Purchase Agreement to which these Terms and Conditions are
      attached and the securities purchase agreements executed by the Other Investors
      are hereinafter sometimes collectively referred to as the “Purchase
      Agreements.”)

     

    3.    Delivery
      of the at Closing.
      The
      completion of the purchase and sale of the Preferred Shares (the “Closing”)
      shall occur no later than June 5, 2006 (the “Closing Date”), at the offices
      of Troy & Gould, Professional Corporation, the Company’s counsel, it being
      understood however, that additional Closings of the sale of Preferred Shares
      (“Additional Closings”) may occur from time to time within 120 days of the
      initial Closing Date. At the Closing, the Company shall deliver to the Investor
      (i) one or more stock certificates representing, in the aggregate, the
      Preferred Shares, each such stock certificate to be registered in the name
      of
      the Investor or, if so indicated on the signature page of the Securities
      Purchase Agreement, in the name of a nominee designated by the Investor. If
      neither the Investor nor a representative of Investor is present at the Closing
      to take physical delivery of the certificates, then delivery shall be deemed
      made at Closing by the transmission of a facsimile of the certificates to the
      Investor (or nominee designated by the Investor) followed by delivery by a
      nationally recognized overnight express courier.

     

    The
      Company’s obligation to issue the Preferred Shares to the Investor shall be
      subject to the following conditions, any one or more of which may be waived
      by
      the Company:

     

    (a)    receipt
      by the Company, or the nominee designated by the Company, as applicable, of
      a
      certified or official bank check or wire transfer of funds in the full amount
      of
      the aggregate purchase price for the Preferred Shares;

     

    (b)    other
      than with respect to the occurrence of any Additional Closings, completion
      of
      the purchases and sales under the Agreements with the Other Investors;
      and

    
      
        
        

      

      
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    (c)    the
      accuracy of the representations and warranties made by the Investors and the
      fulfillment of those undertakings of the Investors to be fulfilled prior to
      the
      Closing.

     

    The
      Investor’s obligation to purchase the Preferred Shares shall be subject to the
      following conditions, any one or more of which may be waived by the
      Investor:

     

    (a)    the
      representations and warranties of the Company set forth herein shall be true
      and
      complete as of the Closing Date in all material respects;

     

    (b)    the
      Investor shall have received such documents as the Investor shall reasonably
      have requested;

     

    (c)    the
      Company shall not have experienced a Material Adverse Change (as defined in
      paragraph 4.11);

     

    (d)    the
      Company shall have delivered to the Investor a certificate of its Chief
      Executive Officer dated as of the Closing Date certifying (i) that the
      representations and warranties of the Company remain true as of the Closing
      Date, (ii) that the Company has performed all covenants in the Agreements
      to be performed by it on or prior to Closing Date, (iii)  that the Company
      has not experienced a Material Adverse Change, (iv) that the Common Stock
      has not been suspended from trading on the Over-the-Counter Bulletin Board
      (“OTCBB”), and (v) that the Company is not subject to a stop order of the
      Securities and Exchange Commission (the “SEC”) or any state securities
      agency;

     

    (e)    together
      with the sale of Preferred Shares pursuant to this Agreement, the Company shall
      have received from Investors at least $2,000,000 from the sale of Preferred
      Shares;

     

    (f)    the
      existing holder of the Company’s Class A Convertible Preferred Stock shall
      have converted such stock (including accrued dividends) into approximately
      4,908,158 Preferred Shares (the “Preferred Conversion Shares”);

     

    (g)    the
      holders of the Company’s outstanding indebtedness for borrowed money other than
      Laurus Master Fund Ltd., Horizon Financial Services Group (USA), Eddy Goldwasser
      and St. Cloud Capital Partners LP (“St. Cloud”) shall have converted
      such indebtedness into 2,763,635 Preferred Shares;

     

    (h)    the
      outstanding indebtedness owed to St. Cloud in the principal amount of
      $2,500,000 shall have been restructured as provided in the Third Amendment
      to
      Note Purchase Agreement (the “Third Amendment”) as follows (and St. Cloud shall
      have executed and delivered the Third Amendment and surrendered the old note
      for
      cancellation):

     

    (1)    the
      Company shall prepay $50,000

     

    (2)    the
      remaining principal amount shall be evidenced by two notes (the “Notes”). The
      first note in the principal amount of $200,000 will be for twelve months with
      monthly amortization payments at a 10% interest rate. The second note will
      be
      for

    
      
        
        

      

      
        A-2

        
          

        

      

      
        
        

$2,250,000
        with interest at 10% per annum, interest only payable on June 30, 2006 and
        September 15, 2006. Commencing September 16, 2006, payments will be
        interest only each month through September 15, 2008 and commencing
        October 15, 2008, monthly amortization payments (based on a five-year
        amortization) with all interest plus unpaid principal due on September 15,
        2011. The second note will be convertible into shares of the Common Stock
        of the
        Company at $4.00 per share (subject to adjustment);

    

     

    (i)    the
      Company shall have amended its Articles of Incorporation to increase the
      authorized shares of Preferred Stock to 15,000,000 of which 12,000,000 shares
      shall be designated Class A-1 Convertible Preferred Stock;

     

    (j)    the
      Company shall have executed and delivered a counterpart copy of the Registration
      Rights Agreement referred to in Section 7.1; and

     

    (k)    the
      Investors shall have received a legal opinion from Troy & Gould, counsel to
      the Company, in form and substance acceptable to the Investors.

     

    4.    Representations,
      Warranties and Covenants of the Company.
      The
      Company hereby represents and warrants to, and covenants with, the Investor,
      as
      follows:

     

    4.1    Subsidiaries;
      Organization.
      All of
      the subsidiaries of the Company (the “Subsidiaries”) are set forth on
      Schedule 4.1(a). Each of the Company and the Subsidiaries is duly organized
      and validly existing and is in good standing under the laws of the jurisdiction
      of its organization. Each of the Company and the Subsidiaries has full power
      and
      authority to own, operate and occupy its properties and to conduct its business
      as presently conducted and as described in Company’s SEC Documents (as defined
      in paragraph 4.4), and is registered or qualified to do business and is in
      good standing in each jurisdiction in which the failure to be so qualified
      would
      have a material adverse effect upon the business, condition (financial or
      otherwise), business prospects, properties or operations of the Company and
      its
      Subsidiaries, considered as one enterprise (“Material Adverse Effect”), and no
      proceeding has been instituted in any such jurisdiction, revoking, limiting
      or
      curtailing, or seeking to revoke, limit or curtail, such power and authority
      or
      qualification.

     

    4.2    Due
      Authorization and Valid Issuance.
      The
      Company has all requisite power and authority to execute, deliver and perform
      its obligations under the Purchase Agreement, the Third Amendment, the Notes
      and
      the Registration Rights Agreement referred to in Section 7.1 (collectively,
      the
“Transaction Documents”), and the Agreements have been duly authorized and
      validly executed and delivered by the Company and constitute legal, valid and
      binding agreements of the Company enforceable against the Company in accordance
      with their terms, except as enforceability may be limited by applicable
      bankruptcy, insolvency, reorganization, fraudulent conveyance, moratorium or
      similar laws affecting creditors’ and contracting parties’ rights generally and
      except as enforceability may be subject to general principles of equity
      (regardless of whether such enforceability is considered in a proceeding in
      equity or at law).

     

    4.3    Non-Contravention.
      The
      execution and delivery of the Transaction Documents by the Company, the issuance
      and sale of the Preferred Shares to be sold by the

    
      
        
        

      

      
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    Company
      under the Agreements, the fulfillment of the terms of the Agreements by the
      Company and the consummation by the Company of the transactions contemplated
      hereby and thereby will not (A) conflict with or constitute a violation of,
      or default or require notice or consent (with the passage of time or otherwise)
      under (i) any material bond, debenture, note or other evidence of
      indebtedness, or under any material lease, contract, indenture, mortgage, deed
      of trust, loan agreement, joint venture or other agreement or instrument to
      which the Company or any of the Subsidiaries is a party or by which the Company
      or any of the Subsidiaries or their respective properties are bound,
      (ii) the charter, by-laws or other organizational documents of the Company
      or any of the Subsidiaries, or (iii) any material law, administrative
      regulation, ordinance or order of any court or governmental agency, arbitration
      panel or authority applicable to the Company or any of the Subsidiaries or
      their
      respective properties, or (B) result in the creation or imposition of any
      lien, encumbrance, claim, security interest or restriction whatsoever upon
      any
      of the material properties or assets of the Company or any of the Subsidiaries
      or an acceleration of indebtedness pursuant to any obligation, agreement or
      condition contained in any material bond, debenture, note or any other evidence
      of indebtedness or any material indenture, mortgage, deed of trust or any other
      agreement or instrument to which the Company or any of the Subsidiaries is
      a
      party or by which any of them is bound or to which any of the property or assets
      of the Company or any of the Subsidiaries is subject. No consent, approval,
      authorization or other order of, or registration, qualification or filing with,
      any regulatory body, administrative agency, or other governmental body in the
      United States is required for the execution and delivery of the Transaction
      Documents by the Company and the valid issuance and sale of the Preferred Shares
      to be sold by the Company pursuant to the Agreements, other than such as have
      been made or obtained, and except for any post-closing securities filings or
      notifications required to be made under federal or state securities
      laws.

     

    4.4    Reporting
      Status.
      The
      Company has filed in a timely manner all documents that the Company was required
      to file under the Securities Exchange Act of 1934, as amended (the “Exchange
      Act”) during the 12 months preceding the date of this Agreement, including all
      certifications and statements required by (x) 13a-14 or 15d-14 under the
      Exchange Act or (y) 18 USC 1350 (Section 906 of Sarbanes Oxley Act)
      (such filings, including all exhibits, supplements and amendments thereto,
      the
“SEC Documents”). The SEC Documents and all other materials filed with the
      Securities and Exchange Commission (the “SEC”) during such period complied in
      all material respects with the SEC’s requirements as of their respective filing
      dates, and the information contained therein as of the dates thereof did not
      contain an untrue statement of a material fact or omit to state a material
      fact
      required to be stated therein or necessary to make the statements therein in
      light of the circumstances under which they were made not
      misleading.

     

    4.5    Capitalization.
      The
      capitalization of the Company is as set forth on Schedule 4.5. All
      outstanding shares are duly authorized, validly issued and are fully paid and
      nonassessable. None of the outstanding shares has been offered or issued in
      violation of federal or state securities laws, or in violation of or subject
      to
      any preemptive rights or other rights to subscribe for or purchase securities.
      The Company has not issued any capital stock since December 31, 2005 other
      than
      pursuant to (i) employee benefit plans disclosed in the SEC Documents, or
      (ii) outstanding warrants, options or other securities disclosed in the SEC
      Documents. The Preferred Shares to be issued on the date hereof, when issued
      in
      compliance with the provisions of the Agreements, including without limitation
      payment in full of the

    
      
        
        

      

      
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    consideration
      therefor, will be duly authorized, and the Preferred Shares and the shares
      of
      the Common Stock issuable upon conversion of the Preferred Shares (the
“Conversion Shares”) when issued will be validly issued, fully paid and
      nonassessable, and will not subject the holder to any liability as a result
      of
      being a holder. Except as set forth on Schedule 4.5, there are no outstanding
      rights (including, without limitation, preemptive rights), warrants or options
      to acquire, or instruments convertible into or exchangeable for, any unissued
      shares of capital stock or other equity interest in the Company or the
      Subsidiaries, or any contract, commitment, agreement, understanding or
      arrangement of any kind to which the Company is a party or of which the Company
      has knowledge and relating to the issuance or sale of any capital stock of
      the
      Company or the Subsidiaries, any such convertible or exchangeable securities
      or
      any such rights, warrants or options. Without limiting the foregoing, no
      preemptive right, co-sale right, right of first refusal, registration right
      (except as set forth herein), or other similar right exists with respect to
      the
      Preferred Shares or the Company’s Common Stock to be issued and sold by the
      Company or the issuance and sale thereof. No further approval or authorization
      of any stockholder, the Board of Directors of the Company or others is required
      for the issuance and sale of the Preferred Shares or the Company’s Common Stock
      by the Company. There are no stockholders’ agreements, voting agreements or
      other similar agreements with respect to the Preferred Shares or the Company’s
      Common Stock to which the Company is a party or, to the knowledge of the
      Company, between or among any of the Company’s stockholders. Except as set forth
      on Schedule 4.5, no holder of any of the securities of the Company has any
      rights (“demand,” “piggyback” or otherwise) to have such securities registered
      by reason of the intention to file, filing or effectiveness of a Registration
      Statement (as defined in Section 7.1 hereof). The Company has duly reserved
      sufficient shares of Common Stock for issuance upon conversion of the Preferred
      Shares.

     

    4.6    Legal
      Proceedings.
      There
      is no material legal or governmental proceeding pending or, to the knowledge
      of
      the Company, threatened to which the Company or any of the Subsidiaries is
      or
      may be a party or of which the business or property of the Company or any of
      the
      Subsidiaries is subject. There is no action, suit, proceeding, inquiry or
      investigation before or by any court, public board or body (including, without
      limitation, the SEC) pending or, to the knowledge of the Company, threatened
      against or affecting the Company or the Subsidiaries or any of their respective
      business or properties, wherein an unfavorable decision, ruling or finding
      could
      adversely affect the validity or enforceability of, or the authority or ability
      of the Company to perform its obligations under the Agreements. 

     

    4.7    No
      Violations.
      Neither
      the Company nor any Subsidiary is in violation of its charter, bylaws, or other
      organizational document, or in violation of any material law, administrative
      regulation, ordinance or order of any court or governmental agency, arbitration
      panel or authority applicable to the Company or any Subsidiary, or in default
      or
      violation (and there exists no condition that, with the passage of time or
      otherwise, would constitute a default or violation) in any respect in the
      performance of any material bond, debenture, note or any other evidence of
      indebtedness in any indenture, mortgage, deed of trust or any other material
      agreement or instrument to which the Company or any Subsidiary is a party or
      by
      which the Company or any Subsidiary is bound or by which the properties of
      the
      Company or any Subsidiary are bound. Without limiting the generality of the
      foregoing, the Company is not in violation of any of the rules, regulations
      or
      requirements of the OTCBB and has no knowledge of

    
      
        
        

      

      
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    any
      facts
      or circumstances which would reasonably lead to suspension of the Common Stock
      by the OTCBB in the foreseeable future.

     

    4.8    Governmental
      Permits, Etc. The
      Company and the Subsidiaries possess all necessary franchises, licenses,
      certificates and other authorizations from any foreign, federal, state or local
      government or governmental agency, department, or body that are currently
      necessary for the operation of their respective business as currently conducted,
      except where the failure to currently possess could not reasonably be expected
      to have a Material Adverse Effect.

     

    4.9    Intellectual
      Property.
      The
      Company and the Subsidiaries own or possess sufficient rights to use all
      patents, patent rights, trademarks, copyrights, licenses, inventions, trade
      secrets, trade names and know-how (collectively, “Intellectual Property”) that
      are necessary for the conduct of their respective businesses as now conducted.
      Neither the Company nor any Subsidiary has received any notice of, or has any
      knowledge of, any infringement of asserted rights of a third party with respect
      to any Intellectual Property, and neither the Company nor any Subsidiary has
      any
      knowledge of any infringement by a third party with respect to any Intellectual
      Property of the Company or any Subsidiary. 

     

    4.10    Financial
      Statements.
      The
      consolidated financial statements of the Company and the related notes contained
      in the SEC Documents present fairly, in accordance with the rules and
      regulations of the SEC, the consolidated financial position of the Company
      as of
      the dates indicated, and the results of its operations and cash flows for the
      periods therein specified. Such financial statements (including the related
      notes) have been prepared in accordance with generally accepted accounting
      principles applied on a consistent basis throughout the periods therein
      specified, except as set forth in the financial statements (and the related
      notes). 

     

    4.11    No
      Material Adverse Change.
      Since
      December 31, 2005, there has not been (i) any material adverse change in
      the financial condition or earnings of the Company and the Subsidiaries taken
      as
      a whole, nor has any material adverse event occurred with respect to the Company
      or the Subsidiaries, (ii) any obligation, direct or contingent, that is
      material to the Company and the Subsidiaries taken as a whole, incurred by
      the
      Company or any Subsidiary, except obligations incurred in the ordinary course
      of
      business, (iii) any dividend or distribution of any kind declared, paid or
      made on the capital stock of the Company, or (iv) any loss or damage
      (whether or not insured) to the physical property of the Company or any
      Subsidiary which has been sustained which has a material adverse effect on
      the
      condition (financial or otherwise), earnings, operations, business or business
      prospects of the Company and the Subsidiaries taken as a whole. Since December
      31, 2005, neither the Company nor any Subsidiary has (a) sold, assigned,
      transferred, abandoned, mortgaged, pledged or subjected to lien any of its
      material properties, tangible or intangible, or rights under any material
      contract, permit, license, franchise or other agreement or (b) waived or
      cancelled any material indebtedness or other material obligations owed to the
      Company or such Subsidiary. The occurrence of any of the events described in
      clauses (i) through (iv) and clauses (a) and (b) of this paragraph is
      referred to as a “Material Adverse Change.” 

     

    4.12    No
      Manipulation of Securities.
      The
      Company has not taken and will not, in violation of applicable law take, any
      action designed to or that might reasonably be expected

    
      
        
        

      

      
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    to
      cause
      or result in stabilization or manipulation of the price of the Common Stock
      to
      facilitate the sale or resale of the Preferred Shares.

     

    4.13    OCTBB
      Status.
      The
      Common Stock is traded on the OTCBB. The Company has no reason to believe that
      the Common Stock will be ineligible for quotation on the OTCBB.

     

    4.14    Insurance.
      The
      Company and the Subsidiaries maintain and will continue to maintain insurance
      against loss or damage by fire or other casualty and such other insurance,
      including, but not limited to, product liability insurance, in such amounts
      and
      covering such risks as is reasonably adequate consistent with industry practice
      for the conduct of their respective businesses and the value of their respective
      properties. 

     

    4.15    Tax
      Matters.
      The
      Company and the Subsidiaries have filed all material federal, state, local
      and
      foreign income and franchise and other tax returns required to be filed by
      them
      in any jurisdiction to which they are subject, and have paid or accrued all
      taxes due in accordance therewith; and no tax deficiency has been determined
      adversely to the Company or any Subsidiary which has had (nor does the Company
      or the Subsidiaries have any knowledge of any tax deficiency which, if
      determined adversely to the Company or any of the Subsidiaries, would reasonably
      be expected to have) a Material Adverse Effect. 

     

    4.16    Investment
      Company.
      The
      Company is not an “investment company” within the meaning of such term under the
      Investment Company Act of 1940 and the rules and regulations of the SEC
      thereunder.

     

    4.17    No
      Registration.
      No form
      of general solicitation or general advertising was used by the Company or,
      to
      the best of its knowledge, any other Person acting on behalf of the Company,
      in
      respect of the Preferred Shares or in connection with the offer and sale of
      the
      Preferred Shares. Assuming the accuracy of the representations and warranties
      made by, and compliance with the covenants of, (i) the Investors in
      Section 5 of the Terms and Conditions to each of the Agreements, no
      registration of the Preferred Shares under the Securities Act is required in
      connection with the offer and sale of the Preferred Shares by the Company to
      the
      Investors as contemplated by the Agreements.

     

    4.18    Internal
      Accounting Controls.
      The
      Company and the Subsidiaries maintain a system of internal accounting controls
      sufficient, in the judgment of the Company’s board of directors, to provide
      reasonable assurance that (i) transactions are executed in accordance with
      management’s general or specific authorizations, (ii) transactions are
      recorded as necessary to permit preparation of consolidated financial statements
      in conformity with generally accepted accounting principles and to maintain
      asset accountability, (iii) access to assets is permitted only in
      accordance with management’s general or specific authorization and (iv) the
      recorded accountability for assets is compared with the existing assets at
      reasonable intervals and appropriate action is taken with respect to any
      differences. The Company has established disclosure controls and procedures
      (as
      defined in Exchange Act Rules 13a-15(e) and 15d-15(e) for the Company and
      designed such disclosure controls and procedures to ensure that material
      information relating to the Company, is made known to the certifying officers
      by
      others within those entities, particularly during the period in which the
      Company’s Form 10-KSB or

    
      
        
        

      

      
        A-7

        
          

        

      

      
        
        

      

    

     

    10-QSB,
      as the case may be, is being prepared. The Company’s certifying officers have
      evaluated the effectiveness of the Company’s controls and procedures as of the
      end of the period covered by the most recently filed Form 10-KSB (such
      date, the “Evaluation Date”). The Company presented in its most recently filed
      Form 10-KSB the conclusions of the certifying officers about the
      effectiveness of the disclosure controls and procedures based on their
      evaluations as of the Evaluation Date. Since the Evaluation Date, there have
      been no significant changes in the Company’s internal controls (as such term is
      defined in Exchange Act Rules 13a-15(f) that has affected, or is reasonably
      likely to materially affect, the Company’s internal controls over financial
      reporting.

     

    4.19    Form D.
      Subject
      to the continuing accuracy of the representations and warranties made by, and
      compliance with the covenants of, the Investors in Section 5 of the Terms
      and Conditions to each of the Agreements the Company agrees to file one or
      more
      Form D with respect to the Preferred Shares on a timely basis as required
      under Regulation D under the Securities Act to claim the exemption provided
      by Rule 506 of Regulation D and to provide a copy thereof to the
      Investors and their counsel promptly after such filing. 

     

    4.20    Integration
      and Future Financings

     

    (a)    The
      Company shall not, and shall use its best efforts to ensure that no affiliate
      of
      the Company shall, sell, offer for sale or solicit offers to buy or otherwise
      negotiate in respect of any security (as defined in Section 2 of the
      Securities Act) that would be integrated with the Offering in a manner that
      would require the registration of the issuance of the Preferred Shares under
      the
      Securities Act, or cause the sale of the Preferred Shares to the Investors
      to be
      integrated with prior offerings by the Company. 

     

    4.21    Use
      of
      Proceeds.
      The
      Company will use the net proceeds from the sale of the Preferred Shares for
      working capital and general corporate purposes.

     

    4.22    No
      Undisclosed Events, Liabilities, Developments or Circumstances.
      No
      event, liability, development, circumstance or transaction has occurred or
      exists, with respect to the Company or any Subsidiary or their respective
      business, properties, prospects, operations or financial condition, that would
      be required to be disclosed by the Company under applicable securities laws
      (including pursuant to the anti-fraud provisions thereof) on a registration
      statement on Form SB-2 filed with the SEC relating to an issuance and sale
      by the Company of its Common Stock and which has not been publicly
      announced.

     

    4.23    Employee
      Relations.
      Neither
      the Company nor any Subsidiary is a party to any collective bargaining agreement
      or employs any member of a union. The Company and its Subsidiaries believe
      that
      their relations with their employees are good. No executive officer of the
      Company (as defined in Rule 501(f) under the Securities Act) has notified
      the Company that such officer intends to leave the Company or otherwise
      terminate such officer’s employment with the Company. No executive officer of
      the Company, to the knowledge of the Company, is, or is now expected to be,
      in
      violation of any material term of any employment contract, confidentiality,
      disclosure or proprietary information agreement, non-competition agreement,
      or
      any other contract or agreement or any restrictive covenant, and, to the
      knowledge of the Company, the continued employment of each such executive
      officer does not subject the

    
      
        
        

      

      
        A-8

        
          

        

      

      
        
        

      

    

     

    Company
      or any Subsidiary to any material liability with respect to any of the foregoing
      matters. The Company and its Subsidiaries are in compliance with all federal,
      state, local and foreign laws and regulations respecting employment and
      employment practices, terms and conditions of employment and wages and hours,
      except where failure to be in compliance could not, either individually or
      in
      the aggregate, reasonably be expected to result in a Material Adverse
      Effect.

     

    4.24    Sarbanes-Oxley
      Act.
      The
      Company is in compliance with any and all applicable requirements of the
      Sarbanes-Oxley Act of 2002 that are effective as of the date hereof, and any
      and
      all applicable rules and regulations promulgated by the SEC thereunder that
      are
      effective as of the date hereof.

     

    5.    Representations,
      Warranties and Covenants of the Investor.

     

    5.1    The
      Investor represents and warrants to, and covenants with, the Company that:
      (i) the Investor is an “accredited investor” as defined in Rule 501 of
      Regulation D under the Securities Act , and the Investor is also
      knowledgeable, sophisticated and experienced in making, and is qualified to
      make
      decisions with respect to, investments in securities presenting an investment
      decision like that involved in the purchase of the Preferred Shares, including
      investments in securities issued by the Company and investments in comparable
      companies, and has requested, received, reviewed and considered all information
      it deemed relevant in making an informed decision to purchase the Preferred
      Shares; (ii) the Investor is acquiring the Preferred Shares in the ordinary
      course of its business and for its own account for investment only and with
      no
      present intention of distributing any of such Preferred Shares or any
      arrangement or understanding with any other persons regarding the distribution
      of such Preferred Shares; (iii) the Investor will not, directly or
      indirectly, offer, sell, pledge, transfer or otherwise dispose of (or solicit
      any offers to buy, purchase or otherwise acquire or take a pledge of) any of
      the
      Preferred Shares except in compliance with the Securities Act, applicable state
      securities laws and the respective rules and regulations promulgated thereunder,
      except that the Investor may pledge the Preferred Shares in connection with
      a
      bona fide margin account or other loan or financing; (iv) the Investor and
      the Investor’s representatives, if any, have been solely responsible for the
      Investor’s own “due diligence” investigation of the Company and its management
      and business, for its own analysis of the merits and risks of this investment,
      and for the Investor’s own analysis of the fairness and desirability of the
      terms of the investment; and (v) the Investor has, in connection with its
      decision to purchase the Preferred Shares, relied only upon the SEC Documents
      and the representations and warranties of the Company contained herein. The
      Investor understands that its acquisition of the Preferred Shares has not been
      registered under the Securities Act or registered or qualified under any state
      securities law in reliance on specific exemptions therefrom, which exemptions
      may depend upon, among other things, the bona fide nature of the Investor’s
      investment intent as expressed herein. The Investor has completed or caused
      to
      be completed and delivered to the Company the Investor Questionnaire attached
      to
      this Annex I as Exhibit A, which completed questionnaire is true, correct
      and complete in all material respects.

     

    5.2    The
      Investor hereby covenants with the Company not to make any sale of the Shares
      or
      the Conversion Shares without complying with the provisions of this Agreement,
      and the Investor acknowledges that the certificates evidencing the Preferred
      Shares and the

    
      
        
        

      

      
        A-9

        
          

        

      

      
        
        

      

    

     

    Conversion
      Shares will be imprinted with a legend that prohibits their transfer except
      in
      accordance therewith.

     

    5.3    The
      Investor further represents and warrants to, and covenants with, the Company
      that (i) the Investor has full right, power, authority and capacity to
      enter into this Agreement and to consummate the transactions contemplated hereby
      and has taken all necessary action to authorize the execution, delivery and
      performance of this Agreement, and (ii) this Agreement constitutes a valid
      and binding obligation of the Investor enforceable against the Investor in
      accordance with its terms, except as enforceability may be limited by applicable
      bankruptcy, insolvency, reorganization, moratorium or similar laws affecting
      creditors’ and contracting parties’ rights generally and except as
      enforceability may be subject to general principles of equity (regardless of
      whether such enforceability is considered in a proceeding in equity or at
      law).

     

    5.4    The
      Investor understands that nothing in the SEC Documents, this Agreement or any
      other materials presented to the Investor in connection with the purchase and
      sale of the Preferred Shares constitutes legal, tax or investment advice. The
      Investor has consulted such legal, tax and investment advisors as it, in its
      sole discretion, has deemed necessary or appropriate in connection with its
      purchase of the Preferred Shares.

     

    6.    Survival
      of Representations, Warranties and Agreements.
      Notwithstanding any investigation made by any party to this Agreement, all
      covenants, agreements, representations and warranties made herein by the Company
      and the Investor shall survive the execution of this Agreement, the delivery
      to
      the Investor of the Preferred Shares being purchased and the payment
      therefor.

     

    7.    Registration
      of the Shares and the Preferred Shares; Compliance with the Securities
      Act.

     

    7.1    Piggy-Back
      Registrations.
      If at
      any time the Company shall determine to prepare and file with the SEC a
      registration statement relating to an offering for its own account or the
      account of others under the Securities Act of any of its equity securities,
      other than on Form S-4 or Form S-8 (each as promulgated under the
      Securities Act) or their then equivalents relating to equity securities to
      be
      issued solely in connection with any acquisition of any entity or business
      or
      equity securities issuable in connection with the stock option or other employee
      benefit plans, then the Company shall include in such registration statement
      all
      or any part of the Conversion Shares the Investor requests to be registered,
      subject to customary underwriter cutbacks. The terms of such registration rights
      shall be set forth in a Registration Rights Agreement substantially in the
      form
      of Exhibit B attached herein.

     

    7.2    Rule 144.
      The
      Company covenants that it will file the reports required to be filed by it
      under
      the Securities Act and the Exchange Act and the rules and regulations adopted
      by
      the SEC thereunder (or, if the Company is not required to file such reports,
      it
      will, upon the request of the Investor holding Securities purchased hereunder
      made after the first anniversary of the Closing Date, make publicly available
      such information as necessary to permit sales of the Conversion Shares pursuant
      to Rule 144 under the Securities Act), and it will take such further action
      as the Investor may reasonably request, all to the extent required from time
      to

    
      
        
        

      

      
        A-10

        
          

        

      

      
        
        

      

    

     

    time
      to
      enable the Investor to sell the Conversion Shares purchased hereunder without
      registration under the Securities Act within the limitation of the exemptions
      provided by (a) Rule 144 under the Securities Act, as such rule may be
      amended from time to time, or (b) any similar rule or regulation hereafter
      adopted by the SEC.

     

    8.    Covenants
      (post Closing).

     

    8.1    Participation
      in Future Financing.

     

    (a)    From
      the
      date hereof until 36 months from the date hereof, upon any equity financing
      by
      the Company which the Company proposes to undertake (a “Subsequent
      Financing”),
      the
      Investor shall have the right to participate in such Subsequent Financing in
      amount so that the Investor may maintain the Investor’s percentage stock
      ownership in the Company on a fully-diluted, as-converted basis arising from
      and
      as of the date of the Investor’s purchase of Preferred Shares. Notwithstanding
      the foregoing, the provisions of this Section 8.1 shall not apply to (i) the
      issuance of any additional shares approved by the Company’s Board of Directors
      to employees, officers, or directors of, or advisors or consultants to, the
      Company pursuant to its stock purchase or option plans, (ii) Common Stock issued
      pursuant to strategic partnering arrangements relating to distribution, supply
      or customer acquisition, as approved by the Board of Directors, (iii) the
      issuance of any additional shares pursuant to the exercise or conversion of
      warrants and options of the Company issued as of the Closing Date; and (iv)
      the
      issuance of the Preferred Shares to Other Investors and the issuance of the
      Preferred Conversion Shares together with the conversion of such
      Shares.

     

    (b)    The
      Company shall deliver to the Investor a written notice of its intention to
      effect a Subsequent Financing (“Pre-Notice”),
      which
      Pre-Notice shall ask the Investor if it wants to review the details of such
      financing. Upon the written request of the Investor for the details of such
      financing (but subject to the provisions of (c) below), and only upon such
      a
      request by such Purchaser, the Company shall promptly, but no later than two
      business days after such request, deliver a notice that describes such details
      (a “Subsequent
      Financing Notice”)
      to
      Investor. The Subsequent Financing Notice shall describe in reasonable detail
      the proposed terms of such Subsequent Financing, the amount of proceeds intended
      to be raised thereunder, the person(s) if any, with whom such Subsequent
      Financing is proposed to be effected, and attached to which shall be a term
      sheet or similar document relating thereto.

     

    (c)    If
      the
      Investor desires to participate in such Subsequent Financing, the Investor
      must
      provide written notice to the Company by not later than 5:30 p.m. (Los Angeles
      time) on the 10th calendar day after Investor has been sent the Pre-Notice
      that
      the Investor is willing to participate in the Subsequent Financing, the amount
      of the Investor participation, and that the Investor has such funds ready,
      willing, and available for investment on the terms set forth in the Subsequent
      Financing Notice. If the Company receives no notice from the Investor as of
      10th
      calendar day after the Investor receives the Pre-Notice, the Investor shall
      be
      deemed to have notified the Company that it does not elect to participate and
      the Company may effect such Subsequent Financing on the terms set forth in
      the
      Subsequent Financing Notice.

     

    (d)    The
      Company must provide the Investor with a second Subsequent Financing Notice,
      and
      the Investor will again have the right of participation set forth above
      in

    
      
        
        

      

      
        A-11

        
          

        

      

      
        
        

      

    

     

    this
      Section 8.1, if the Subsequent Financing subject to the initial Subsequent
      Financing Notice is not consummated for any reason on substantially the terms
      set forth in such Subsequent Financing Notice within 90 days after the date
      of
      the initial Subsequent Financing Notice.

     

    (e)    Upon
      exercise of any of the rights granted to the Investor hereunder, such Investor’s
      right shall be conditioned upon the Investor entering into the same documents
      agreed to by the third party investors in the Subsequent Financing.

     

    8.2    Observer.
      During
      the period that the Investor holds Preferred Shares, the Investor shall have
      the
      right to attend (but not participate) in all board of director meetings and
      receive such materials as are disseminated to the Company’s directors. The
      Investor acknowledges and agrees that the Investor shall be subject to the
      Company’s Insider Trading Policy in effect from time to time.

     

    9.    Notices.
      All
      notices, requests, consents and other communications hereunder shall be in
      writing, shall be mailed (A) if within the United States by first-class
      registered mail, Express Mail or nationally recognized overnight express
      courier, postage prepaid, or by facsimile, or (B) if delivered from outside
      the United States, by International Federal Express or facsimile, and shall
      be
      deemed given (i) if delivered by first-class registered mail, three
      business days after so mailed, (ii) if delivered by Express Mail or a
      nationally recognized overnight carrier, one business day after so mailed,
      (iii) if delivered by International Federal Express, two business days
      after so mailed, (iv) if delivered by facsimile, upon electronic
      confirmation of receipt and shall be delivered as addressed as
      follows:

     

    (a)    if
      to the
      Company, to:

     

    
      	
              Small
                World Kids, Inc.

              5711
                Buckingham Parkway

              Culver
                City, California 90230

              Attention:
                John Matise

              Phone:
                (310) 645-9680 

              Fax:
                (310) 268-1195

            	 
	 	 
	
              with
                a copy to:

            	 
	 	 
	
              Troy
                & Gould, Professional Corporation

              1801
                Century Park East, Suite 1600

              Los
                Angeles, California 90067

              Attn:
                David Ficksman

              Phone:
                (310) 789-1290

              Facsimile:
                (310) 789-1490

            	 

    

    

    (b)    if
      to the
      Investor, at its address on the signature page hereto, or at such other address
      or addresses as may have been furnished to the Company in writing

    
      
        
        

      

      
        A-12

        
          

        

      

      
        
        

      

    

     

    10.    Changes.
      This
      Agreement may not be modified or amended except pursuant to an instrument in
      writing signed by the Company and the Investor.

     

    11.    Headings.
      The
      headings of the various sections of this Agreement have been inserted for
      convenience of reference only and shall not be deemed to be part of this
      Agreement.

     

    12.    Severability.
      In case
      any provision contained in this Agreement should be invalid, illegal or
      unenforceable in any respect, the validity, legality and enforceability of
      the
      remaining provisions contained herein shall not in any way be affected or
      impaired thereby.

     

    13.    Governing
      Law.
      This
      Agreement shall be governed by, and construed in accordance with, the internal
      laws of the State of California, without giving effect to the principles of
      conflicts of law.

     

    14.    Entire
      Agreement.
      This
      Agreement constitutes the entire agreement between the parties hereto pertaining
      to the subject matter hereof, and any and all other written or oral agreements
      relating to such subject matter are expressly cancelled.

     

    15.    Finders’
      Fees.
      Neither
      the Company nor the Investor nor any affiliate thereof has incurred any
      obligation which will result in the obligation of the other party to pay any
      finder’s fee or commission in connection with this transaction, except for fees
      payable by the Company to the Placement Agent.

     

    16.    Counterparts.
      This
      Agreement may be executed in two or more counterparts, each of which shall
      constitute an original, but all of which, when taken together, shall constitute
      but one instrument, and shall become effective when one or more counterparts
      have been signed by each party hereto and delivered (including by facsimile)
      to
      the other parties.

     

    17.    Confidential
      Information; 8-K Filing.
      Investor represents to the Company that, at all times during the Company’s
      offering of the Preferred Shares, Investor has maintained in confidence all
      non-public information regarding the Company received by Investor from the
      Company or its agents, has not traded in the Company’s securities on the basis
      of any non-public information and covenants that it will continue to maintain
      in
      confidence such information until such information becomes generally publicly
      available, other than through a violation of this provision by Investor or
      its
      agents. Within two (2) business days after the Closing Date, the Company shall
      file a Form 8-K concerning the Agreements and the transactions contemplated
      thereby, which Form 8-K shall attach a Form of the Securities Purchase
      Agreement and the Registration Rights Agreement as exhibits to such
      Form 8-K (the “8-K Filing”). From and after the 8-K Filing, the Company
      hereby acknowledges that no Investor shall be in possession of any material
      nonpublic information received from the Company or any of its respective
      officers, directors, employees or agents, that is not disclosed in the 8-K
      Filing.

     

    18.    Successors
      and Assigns.
      This
      Agreement shall inure to the benefit of and be binding upon the successors
      and
      permitted assigns of the Company and the Investor, including without limitation
      and without the need for an express assignment, affiliates of the Investor.
      With
      respect to transfers that are not made pursuant to the Registration Rights
      Agreement, the rights and obligations of an Investor under this Agreement shall
      be automatically assigned by the Investor to any transferee of all or any
      portion of the Investor’s Shares who is a Permitted

    
      
        
        

      

      
        A-13

        
          

        

      

      
        
        

      

    

     

    Transferee
      (as defined below); provided, however, that within two business days prior
      to
      the transfer, (i) the Company is provided notice of the transfer including
      the name and address of the transferee and the number of Shares transferred;
      and
      (ii) that such transferee agrees in writing to be bound by the terms of
      this Agreement. (For purposes of this Agreement, a “Permitted Transferee” shall
      mean any person who (a) is an “accredited investor,” as that term is
      defined in Rule 501(a) of Regulation D under the Securities Act and
      (b) is a transferee of at least 25% of the Investor’s Shares received in a
      transaction permitted under the securities laws of the United States). Upon
      any
      transfer permitted by the second sentence of this Section 18, the Company
      shall be obligated to such transferee to perform all of its covenants under
      this
      Agreement as if such transferee were an Investor.

     

    19.    Expenses.
      The
      Company shall pay the actual reasonable legal fees and expense of one counsel
      (up to $50,000) for the Investors, provided that if the Closing does not occur
      for any reason other than the breach by the Company, the Investors shall bear
      such fees and expenses.

     

    20.    Access
      to Information.
      From
      and after the date hereof through the Closing, on reasonable notice to the
      Company, the Company shall permit access to, and shall make available to the
      Investors’ representatives and their counsel for inspection, such information
      and documents as the Investors reasonably request, and shall make available
      at
      reasonable times and to a reasonable extent officers and employees of the
      Company (who are at the Vice President level and above) to discuss the business
      and affairs of the Company.

     

    21.    Further
      Assurances.
      The
      Company shall provide such further documentation and take such further steps
      as
      may be reasonably requested by Investors in connection with the issuance and
      sale of the Preferred Shares and the Company’s obligations pursuant to the
      Transaction Documents.

     

    22.    Exculpation
      Among Investors.
      Each
      Investor agrees that no Investor nor the respective controlling persons,
      officers, directors, partners, agents, or employees of any Investor shall be
      liable to any other Investor for any action heretofore or hereafter taken or
      omitted to be taken by any of them in connection with this Agreement. In
      particular, each Investor acknowledges that Frontera Group, LLC has acted as
      “lead” Investor in negotiating this Agreement and the other Transaction
      Documents and has retained the services of Sheppard, Mullin, Richter &
Hampton LLP (“Sheppard”)
      to act
      as its special counsel in connection herewith. Each Investor acknowledges that
      Sheppard is representing only Frontera Group, LLC though the other Investors
      may
      receive some benefit from its services, that there is no attorney-client
      relationship between Sheppard and any of the other Investors, and thus Sheppard
      shall not be liable to any other Investor for any other action heretofore or
      hereafter taken or omitted to be taken by Sheppard in connection with this
      Agreement and/or any other Transaction Document.

    
      
        
        

      

        A-14EXHIBIT
      4.1

     

    
      	
              NUMBER

               

              U-__________

               

               

               

            	 	 	 	
              UNITS

               

            
	
              SEE
                REVERSE FOR CERTAIN DEFINITIONS

               

            	
              CHINA
                FORTUNE ACQUISITION CORP.

               

            	
            

    

     

    CUSIP
      ________

    

    UNITS
      CONSISTING OF ONE ORDINARY SHARE AND TWO WARRANTS EACH TO PURCHASE ONE ORDINARY
      SHARE 

    

    THIS
      CERTIFIES THAT
      ______________________________________________________________________________________________ 

    

    is
      the
      owner of
      _______________________________________________________________________________________________________
      Units.

    

    Each
      Unit
      (“Unit”) consists of one (1) ordinary share, par value $.0001 per share
      (“Ordinary Share”), of China Fortune Acquisition Corp., a Cayman Islands
      corporation (the “Company”), and one warrant (the “Warrants”). Each Warrant
      entitles the holder to purchase one (1) Ordinary Share for $6.50 per share
      (subject to adjustment). Each Warrant will become exercisable on the later
      of
      (i) the Company’s completion of a merger, capital stock exchange, asset
      acquisition or other similar business combination and (ii) ___________, 2007,
      and will expire unless exercised before 5:00 p.m., New York City Time, on
      ____________, 2010, or earlier upon redemption (the “Expiration Date”). The
      Ordinary Shares and Warrants comprising the Units represented by this
      certificate are not transferable separately prior to __________, 2006, subject
      to earlier separation in the discretion of EarlyBirdCapital, Inc. The terms
      of
      the Warrants are governed by a Warrant Agreement, dated as of _______, 2006,
      between the Company and Continental Stock Transfer & Trust Company, as
      Warrant Agent, and are subject to the terms and provisions contained therein,
      all of which terms and provisions the holder of this certificate consents to
      by
      acceptance hereof. Copies of the Warrant Agreement are on file at the office
      of
      the Warrant Agent at 17 Battery Place, New York, New York 10004, and are
      available to any Warrant holder on written request and without cost.

    This
      certificate is not valid unless countersigned by the Transfer Agent and
      Registrar of the Company.

    Witness
      the facsimile seal of the Company and the facsimile signatures of its duly
      authorized officers.

    

     

    By

     

    
      	 	 	 
	       	
               

            	          
	
              Chairman
                of the Board

            	 	Secretary

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

       

      China
        Fortune Acquisition Corp.

    

     

    The
      Company will furnish without charge to each stockholder who so requests, a
      statement of the powers, designations, preferences and relative, participating,
      optional or other special rights of each class of stock or series thereof of
      the
      Company and the qualifications, limitations, or restrictions of such preferences
      and/or rights. 

     

    The
      following abbreviations, when used in the inscription on the face of this
      certificate, shall be construed as though they were written out in full
      according to applicable laws or regulations:

     

    TEN
      COM
      - as
      tenants in common   UNIF
      GIFT
      MIN ACT - _____ Custodian ______

    TEN
      ENT -
 as
      tenants by the entireties           
      (Cust)    
      (Minor)

    JT
      TEN -
 as
      joint
      tenants with right of survivorship  
      under
      Uniform Gifts to Minors

    and
      not
      as tenants in common    
      Act
      ______________

    (State)

    

    Additional
      Abbreviations may also be used though not in the above list.

     

     

    For
      value received, ___________________________ hereby sell, assign and transfer
      unto

    

    PLEASE
      INSERT SOCIAL SECURITY OR OTHER

    IDENTIFYING
      NUMBER OF ASSIGNEE

    
      

      
        	
                 

                    

              

      

    

    

    

    
      

    

    (PLEASE
      PRINT OR TYPEWRITE NAME AND ADDRESS, INCLUDING ZIP CODE, OF
      ASSIGNEE)

    

     

      
        

      

    

     

      
        

      

       

      _______________________________________________________________________________________________________________________
        Units

    

    

    represented
      by the within Certificate, and do hereby irrevocably constitute and
      appoint

     

    ______________________________________________________________________________________________________________________ Attorney

    to
      transfer the said Units on the books of the within named Company will full
      power
      of substitution in the premises.

    

    Dated
      _______________________

    

                                                                __________________________________________________________________________

    
      	 	
              Notice:

            	
              The
                signature to this assignment must correspond with the name as written
                upon
                the face of the certificate in every particular, without alteration
                or
                enlargement or any change whatever.

            

    

    

    Signature(s)
      Guaranteed:

     

     

    ____________________________________________________________________________

    THE
      SIGNATURE(S) SHOULD BE GUARANTEED BY AN ELIGIBLE GUARANTOR
      INSTITUTION

    (BANKS,
      STOCKBROKERS, SAVINGS AND LOAN ASSOCIATIONS AND CREDIT UNIONS WITH

    MEMBERSHIP
      IN AN APPROVED SIGNATURE GUARANTEE MEDALLION PROGRAM,

    PURSUANT
      TO S.E.C. RULE 17Ad-15).

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00110-of-00352.parquet"}]]