Document:

Exhibit 10.1 Series A Preferred Stock Purchase Agreement

Exhibit 10.1

Series A Preferred Stock Purchase Agreement

This Series A Preferred Stock Purchase Agreement is entered on this December 15, 2011 between Realgold International, Inc., a Nevada corporation (“Company”) and Tan Lung Lai (the “Purchaser”).

RECITALS

A.

Company and Purchaser are executing and delivering this Agreement in reliance upon the exemption from securities registration afforded by Regulation D promulgated under the Securities Act of 1933, as amended (the “Securities Act”), and such other Federal and state securities exemptions as may be deemed available;

B.

The Purchaser wishes to purchase from the Company and the Company wishes to sell to the Purchaser, upon the terms and conditions stated in this Agreement, Twenty Thousand (20,000) Shares of  Series A Preferred Stock (“Purchased Stock”), for the price of US $ 1.00 per share, an aggregate of US $ 20,000.00  (the “Purchase Price”). 

In consideration of the mutual promises made herein and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows:

Section 1. Purchase and Sale of the Shares.

1.1

Subject to the terms and conditions of this Agreement, on the Closing, the Purchaser shall purchase, and the Company shall issue to the Purchaser, Twenty Thousand (20,000) Shares of Series A Preferred Stock (“Purchased Stock”), for the price of US $ 1.00 per share, an aggregate of US $ 20,000.00 (the “Purchase Price”).

1.2

Convertible into Common Stock. One share of Series A Preferred Stock may be converted into 1,000 shares of Common Stock. The Twenty Thousand (20,000) Shares of Series A Preferred Stock that Purchaser purchases from Company are convertible preferred stock and may be converted, at Purchaser’s discretion, into Twenty Million (20,000,000) shares of common stock. 

1.3

Voting Rights. The holder of each one share of Series A Preferred Stock is entitled to 1,000 votes. Therefore, the Twenty Thousand (20,000) Shares of Series A Preferred Stock that Purchaser purchases from Company grant Purchaser with Twenty Million (20,000,000) votes of voting right. 

Section 2. Closing.

At the time and place mutually agreed upon by both Parties, the Company shall deliver to Purchaser a certificate or certificates representing the Purchased Stock and Purchaser shall immediately deliver the total Purchase Price by wire transfer to the Company.

Section 3. Representations and Warranties of the Company.  

The Company hereby represents and warrants to the Purchaser, that as of the Effective Date and as of Closing:

3.1. 

The Company is an entity duly incorporated under the laws of the State of Nevada and in good standing. Company has all power and authority to execute, deliver and perform this Agreement.  This Agreement is the valid and binding obligation of Company, enforceable against Company in accordance with its terms.

3.2. 

Neither the Company nor any Person acting on its behalf has offered or sold or will offer or sell any of the Purchased Stock by any form of “general solicitation” or “general advertising” (as those terms are used in Regulation D, promulgated under the Securities Act) in connection with the offer or sale of any of the Purchased Stock.  The Company has offered the Purchased Stock for sale only to the Purchaser, an “accredited investor” within the meaning of Rule 501(a) under Regulation D.

3.3.

 The Company is a “reporting company” subject to the reporting requirements of the Securities Exchange Act of 1934 and the common stock of the Company is quoted and trading on the Over The Counter Bulletin Board (“OTCBB”)

Section 4. Representations and Warranties of Purchaser

Purchaser represents and warrants to Company as follows:

4.1. 

Purchaser has all power and authority to execute, deliver and perform this Agreement.  

4.2.

This Agreement is the valid and binding obligation of Purchaser, enforceable against Purchaser in accordance with its terms.

4.3.

The Purchased Stock will be acquired for investment for the account of Purchaser and not with a view to the distribution or public offering thereof. In connection therewith, Purchasers confirms that he or she is an “accredited investor” within the meaning of Rule 501(a) under Regulation D. The Purchaser further confirms that he or she is neither a U.S Person, as such term is defined in Rule 902(k) of Regulation S, nor located within the United States..

4.4.

 Purchaser has not been contacted concerning the acquired Purchased Stock or the matters set forth in this Agreement by means of any advertisement or other general solicitation.  

4.5.

Purchasers understands that (i) the Purchased Stock have not been registered under either the Securities Act of 1933, as amended (the “Securities Act”) or the securities laws of any state by reason of specific exemptions there from and that such securities may be resold in the United States without registration under the Securities Act only in certain limited circumstances. Each Purchaser acknowledges that the Purchased Stock will bear the restrictive legend as follows:

THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR THE SECURITIES LAWS OF ANY STATE OF THE UNITED STATES. THE HOLDER HEREOF, BY PURCHASING THE SECURITIES, ACKNOWLEDGES THAT SUCH SECURITIES MAY BE OFFERED, SOLD OR OTHERWISE TRANSFERRED ONLY: (A) TO THE COMPANY, (B) OUTSIDE THE UNITED STATES IN AN OFFSHORE TRANSACTION IN COMPLIANCE WITH REGULATION S UNDER THE SECURITIES ACT AND IN COMPLIANCE WITH APPLICABLE LOCAL OR STATE LAWS AND REGULATIONS, (C) INSIDE THE UNITED STATES PURSUANT TO (I) RULE 144A UNDER THE SECURITIES ACT TO A PERSON WHO COMPANY REASONABLY BELIEVES IS A QUALIFIED INSTITUTIONAL BUYER THAT IS PURCHASING FOR ITS OWN ACCOUNT OR FOR THE ACCOUNT OF ONE OR MORE QUALIFIED INSTITUTIONAL BUYERS TO WHOM WRITTEN NOTICE IS GIVEN THAT THE OFFER, SALE OR TRANSFER IS BEING MADE IN RELIANCE ON RULE 144A OR (II) THE EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT PROVIDED BY RULE 144 THEREUNDER, IF AVAILABLE, AND ANY APPLICABLE STATE SECURITIES LAWS OR (D) IN A TRANSACTION THAT DOES NOT REQUIRE REGISTRATION UNDER THE SECURITIES ACT OR ANY APPLICABLE UNITED STATES FEDERAL OR STATE SECURITIES LAWS, AFTER PROVIDING AN OPINION OF COUNSEL OF RECOGNIZED STANDING REASONABLY SATISFACTORY TO THE COMPANY TO THAT EFFECT.

4.6. 

Purchaser has access to information relating to Company as Purchaser deems necessary to make an informed investment decision in connection with the Purchased Stock. Each Purchaser acknowledges that he or she is aware of their respective obligations under the Securities Exchange Act of 1934 (the “1934 Act”), including, but not limited to those filing obligations that are triggered as a result of the consummation of the sale of Purchased Stock pursuant to Sections 13 and 16 of the 1934 Act, together with filings required to be made by Company, if applicable.

Section 5. Miscellaneous

5.1.

 Entire Agreement; Amendments; and Waivers.  This Agreement constitutes the entire understanding and agreement among the parties hereto relative to the subject matter hereof. Any amendments to the Agreement must be in writing, signed by each party hereto. The failure of any party hereto to enforce at any time any provision of this Agreement shall not be construed to be a waiver of the provision, nor in any way to affect the validity of this Agreement or any part hereof or the right of such party thereafter to enforce each and every such provision. No waiver of any breach of this Agreement shall be held to constitute a wavier of any other or subsequent breach.

5.2.

 Assignment.  This Agreement shall not be assignable by either party without the prior consent of the other party

5.3.

Governing Law; Submission to Jurisdiction.  This Agreement shall be governed by and construed in accordance with the laws of the State of New York. The parties hereto hereby submit to the nonexclusive jurisdiction of the United States District Court for the Southern District of New York for purposes of all legal proceedings arising out of or relating to this Agreement or the transactions contemplated hereby. Each of the parties waives, to the fullest extent permitted by law, any objection which he may now or hereafter have to the laying of the venue of any such proceeding brought in such a court and any claim that any such proceeding brought in such a court has been brought in an inconvenient forum. Each of the parties hereto irrevocably consents to service of process in the manner provided for notices in subparagraph d. below. Nothing in this Agreement will affect the right of any party to this Agreement to serve process in any other manner permitted by law.

2

5.4.

Successors and Assigns.  The Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective heirs, administrators, successors and assigns.

5.5.

Partial Invalidity.  In case any one or more of the provisions contained in this Agreement shall for any reason be held to be invalid, illegal, or unenforceable in any respect, such invalidity, illegality, or unenforceability shall not affect any other provision hereof, and this Agreement shall be construed as if such invalid, illegal, or unenforceable provision had never been contained herein, unless the deletion of the provision of provisions would result in such a material change as to cause completion of the transactions contemplated herein to be unreasonable.

IN WITNESS WHEREOF, the parties hereto have either individually or by their duly authorized officers executed and delivered these presents in duplicate effective the day and year first above written.

COMPANY:

Realgold International, Inc.

By: /s/ Tan Lung Lai                      

Tan Lung Lai, President, CEO, CFO

PURCHASER:

By: /s/ Tan Lung Lai                      

Tan Lung Lai

3Exhibit 10.1 Regulation S Stock Purchase Agreement

Exhibit 10.1

REGULATION S STOCK PURCHASE AGREEMENT

 

This Regulation S Stock Purchase Agreement (“Agreement”), is dated as of December 16, 2011 between Realgold International, Inc, a Nevada corporation having offices at 69-2, Jalan Taman Melaka Raya 25, Taman Melaka Raya, 75000 Melaka, Malaysia (“Company”), and the individual purchasers whose names are set forth in the Schedule A hereunder ( each a “Purchaser” and collectively “Purchasers”).

ARTICLE I

PURCHASE, SALE AND TERMS OF SHARES

1.1   

The Shares. The Company agrees to issue and sell to Purchasers in an offshore transaction negotiated outside the U.S. and to be consummated and closed outside the U.S. and, in consideration of and in express reliance upon the representations, warranties, covenants, terms and conditions of this Agreement, the Purchaser agree to purchase from the Company an aggregate of Six Million (6,000,000) shares (“Shares”) of the Company’s common stock (“Common Stock”) at a per share purchase price which shall be  $ 0.10 per share (“Purchase Price”).  The specific amount of Shares that each Purchaser will purchase is set forth in the Schedule A hereunder. Each Purchaser understands and agrees that the Company in its sole discretion reserves the right to accept or reject this subscription for the Shares, in whole or in part, prior to receipt by the Company of the Purchase Price, or any applicable portion thereof, as set forth in Article II hereafter.

 

1.2     

Payment of Purchase Price; Closing.  The transaction will be closed at the location mutually designated by Company and Purchasers and each Purchaser will pay the purchase price by wire transfer within Three (3) business days of both Parties executing this Agreement. The Company will within a reasonable period of time upon receipt of the funds, cause  the Share certificate(s) to be delivered to each Purchaser.

 

ARTICLE II

REPRESENTATIONS AND WARRANTIES OF EACH PURCHASER

2.1.  

Representations by Each Purchaser.  Each Purchaser makes the following representations and warranties to the Company:

 

(a)   

Access to Information.  Each Purchaser, in making the decision to purchase the Shares, has relied solely upon independent investigations made by it and/or its representatives, if any.  Each Purchaser and/or its representatives during the course of this transaction, and prior to the purchase of any Shares, has had the opportunity to ask questions of and receive answers from the management of the Company concerning the terms and conditions of the offering of the Shares and to receive any additional information, documents, records and books relative to its business, assets, financial condition, results of operations and liabilities (contingent or otherwise) of the Company.

 

(b)  

Sophistication and Knowledge. Each Purchaser and/or its representatives has such knowledge and experience in financial and business matters that it can represent itself and is capable of evaluating the merits and risks of the purchase of the Shares.  Each Purchaser is not relying on the Company with respect to the tax and other economic considerations of an investment in the Shares, and each Purchaser has relied on the advice of, or has consulted with, only each Purchaser's own advisor(s).

(c)  

Lack of Liquidity.  Each Purchaser acknowledges that the purchase of the Shares involves a high degree of risk and further acknowledges that it can bear the economic risk of the purchase of the Shares, including the total loss of its investment.  Each Purchaser has no present need for liquidity in connection with its purchase of the Shares.

(d)    

No Public Solicitation.  Each Purchaser is not subscribing for the Shares as a result of or subsequent to any advertisement, article, notice or other communication published in any newspaper, magazine or similar media or broadcast over television or radio, or presented at any seminar or meeting, or any solicitation of a subscription by a person not previously known to each Purchaser in connection with investments in securities generally.  Neither the Company nor each Purchaser has engaged in any ‘Directed Selling Efforts in the U.S.’ as defined in Regulation S promulgated by the SEC under U.S. securities laws.

(e)    

Authority.  Each Purchaser has full right and power to enter into and perform pursuant to this Agreement and make an investment in the Company, and this Agreement constitutes each Purchaser’s valid and legally binding obligation, enforceable in accordance with its terms. Each Purchaser is authorized and otherwise duly qualified to purchase and hold the Shares and to enter into this Agreement.

 

(f)    

Regulation S Exemption.  Each Purchaser understands that the Shares are being offered and sold to it in reliance on an exemption from the registration requirements of United States federal and state securities laws under Regulation S promulgated under the Securities Act of 1933, as amended (“Securities Act”) and that the Company is relying upon the truth and accuracy of the representations, warranties, agreements, acknowledgments and understandings of each Purchaser set forth herein in order to determine the applicability of such exemptions and the suitability of each Purchaser to acquire the Shares.  In this regard, Each Purchaser represents, warrants and agrees that:

 

(1)

Each Purchaser is not a U.S. Person (as defined below).  A U.S. Person means any one of the following:

(a)

any U.S. Citizen

(b)

any natural person resident in the United States of America;

(c)

any partnership or corporation organized or incorporated under the laws of the United States of America;

(d)

any estate of which any executor or administrator is a U.S. person;

(e)

any trust of which any trustee is a U.S. person;

(f)

any agency or branch of a foreign entity located in the United States of America;

(g)

any non-discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary for the benefit or account of a U.S. Person;

(h)

any discretionary account or similar account (other than an estate or trust) held by a dealer or other fiduciary organized, incorporated or (if an individual) resident in the United States of America; and

(i)

any partnership or corporation if:

 

(1)

organized or incorporated under the laws of any foreign jurisdiction; and

 

(2)

formed by a U.S. Person principally for the purpose of investing in securities not registered under the Securities Act, unless it is organized or incorporated, and owned, by accredited investors (as defined in Rule 501(a) under the Securities Act) who are not natural persons, estates or trusts.

(2)  

At the time of the origination of contact concerning this Agreement and the date of the execution and delivery of this Agreement, each Purchaser was outside of the United States.

(3)  

Each Purchaser will not, during the period commencing on the date of issuance of the Shares and ending on the first anniversary of such date, or such shorter period as may be permitted by Regulation S or other applicable securities law (“Restricted Period”), offer, sell, pledge or otherwise transfer the Shares in the United States, or to a U.S. Person for the account or benefit of a U.S. Person, or otherwise in a manner that is not in compliance with Regulation S.

 

(4)  

Each Purchaser will, after expiration of the Restricted Period, offer, sell, pledge or otherwise transfer the Shares only pursuant to registration under the Securities Act or an available exemption therefrom and, in accordance with all applicable state and foreign securities laws.

(5)  

Each Purchaser has not in the United States, engaged in, and prior to the expiration of the Restricted Period will not engage in, any short selling of or any hedging transaction with respect to the Shares, including without limitation, any put, call or other option transaction, option writing or equity swap.

(6)  

Neither each Purchaser nor or any person acting on its behalf has engaged, nor will engage, in any directed selling efforts to U.S. Citizens with respect to the Shares and each Purchaser and any person acting on its behalf have complied and will comply with the “offering restrictions” requirements of Regulation S under the Securities Act.

(7) 

The transactions contemplated by this Agreement have not been pre-arranged with a buyer located in the United States or with a U.S. Person, and are not part of a plan or scheme to evade the registration requirements of the Securities Act.

2

(8)  

Neither each Purchaser nor any person acting on its behalf has undertaken or carried out any activity for the purpose of, or that could reasonably be expected to have the effect of, conditioning the market in the United States, its territories or possessions, for any of the Shares.  Each Purchaser agrees not to cause any advertisement of the Shares to be published in any newspaper or periodical or posted in any public place and not to issue any circular relating to the Shares, except such advertisements that include the statements required by Regulation S under the Securities Act, and only offshore and not in the U.S. or its territories, and only incompliance with any local applicable securities laws.

(9)    

Each certificate representing the Shares shall be endorsed with the following legends:

“THE SHARES ARE BEING OFFERED TO INVESTORS WHO ARE NOT U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT OF 1933, AS AMENDED (“THE SECURITIES ACT”)) AND WITHOUT REGISTRATION WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION UNDER THE SECURITIES ACT IN RELIANCE UPON REGULATION S PROMULGATED UNDER THE SECURITIES ACT.”

“TRANSFER OF THESE SHARES IS PROHIBITED, EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S, PURSUANT TO REGISTRATION UNDER THE SECURITIES ACT, OR PURSUANT TO AVAILABLE EXEMPTION FROM REGISTRATION. HEDGING TRANSACTIONS MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE WITH THE SECURITIES ACT.”

 

Any other legend required to be placed thereon by applicable federal or state securities laws.

(10) 

Each Purchaser consents to the Company making a notation on its records or giving instructions to any transfer agent of the Company in order to implement the restrictions on transfer of the Shares.

ARTICLE III

REPRESENTATIONS AND WARRANTIES OF THE COMPANY

The Company represents and warrants as follows:

 

3.1 

Organization and Standing of the Company.  The Company is a duly organized and validly existing corporation in good standing under the laws of the State of Nevada and has all requisite corporate power and authority for the ownership and operation of its properties and for the carrying on of its business as now conducted and as now proposed to be conducted and to execute and deliver this Agreement and other instruments, agreements and documents contemplated herein (together with this Agreement, the “Transaction Documents”), to issue, sell and deliver the Shares and to perform its other obligations pursuant hereto.  The Company is duly licensed or qualified and in good standing as a foreign corporation authorized to do business in all jurisdictions wherein the character of the property owned or leased or the nature of the activities conducted by it makes such licensing or qualification necessary, except where the failure to be so licensed or qualified would not have a material adverse effect on the business, operations or financial condition of the Company.

3.2

 Corporate Action.  The Transaction Documents have been duly authorized, executed and delivered by the Company and constitute the legal, valid and binding obligations of the Company, enforceable against the Company in accordance with their respective terms.  The Shares have been duly authorized.  The issuance, sale and delivery of the Shares have been duly authorized by all required corporate action on the part of the Company.  The Shares, when issued and paid for in accordance with the Transaction Documents, will be validly issued, fully paid and nonassessable, with no personal liability attaching to the ownership thereof and will be free and clear of all liens, charges, restrictions, claims and encumbrances imposed by or through the Company, except as expressly set forth in the Transaction Documents.

3.3

 Governmental Approvals.  No authorization, consent, approval, license, exemption of or filing or registration with any court or governmental department, commission, board, bureau, agency or instrumentality, domestic or foreign, is or will be necessary for, or in connection with, the execution and delivery by the Company of this Agreement, for the offer, issue, sale, execution or delivery of the Shares, or for the performance by the Company of its obligations under the Transaction Documents except for any filings required by applicable securities laws.

3

 

3.4

 Litigation. There is no litigation or governmental proceeding or investigation pending or, to the knowledge of the Company, threatened against the Company affecting any of its properties or assets, nor, to the best knowledge of the Company, has there occurred any event or does there exist any condition on the basis of which any litigation, proceeding or investigation might properly be instituted.  The Company is not in default with respect to any order, writ, injunction, decree, ruling or decision of any court, commission, board or other government agency, which such default might have a material adverse effect on the business, assets, liabilities, operations, Intellectual Property Rights, (as defined hereinafter) management or financial condition of the Company.  There are no actions or proceedings pending or, to the Company’s knowledge, threatened (or any basis therefor known to the Company) against the Company which might result, either in any case or in the aggregate, in any material adverse change in the business, operations, Intellectual Property Rights, affairs or financial condition of the Company or in any of its properties or assets, or which might call into question the validity of any of the Transaction Documents, any of the Shares, or any action taken or to be taken pursuant hereto or thereto.

3.5

 Compliance with Other Instruments.  The Company is in compliance in all respects with its Certificate of Incorporation and Bylaws, each as amended and/or restated to date, and in all respects with the material terms and provisions of all mortgages, indentures, leases, agreements and other instruments by which it is bound or to which it or any of its properties or assets are subject.  The Company is in compliance in all material respects with all judgments, decrees, governmental orders, laws, statutes, rules or regulations by which it is bound or to which it or any of its properties or assets are subject.  Neither the execution and delivery of the Transaction Documents nor the issuance of the Shares, nor the consummation or performance of any transaction contemplated hereby or thereby, has constituted or resulted in or will constitute or result in a default or violation of, create a conflict with, trigger any “change of control” or other right of any person under, or require any consent, waiver, release or approval under or with respect to, any term or provision of any of the foregoing documents, instruments, judgments, agreements, decrees, orders, statutes, rules and regulations.

3.6

 Disclosure.  There is no fact within the knowledge of the Company or any of its executive officers which has not been disclosed herein or in writing by them to each Purchaser and which materially adversely affects, or in the future in their opinion may, insofar as they can now foresee, materially adversely affect the business, operations, properties, Intellectual Property Rights, assets or condition, financial or other, of the Company.  Without limiting the foregoing, the Company has no knowledge that there exists, or there is pending or planned, any patent, invention, device, application or principle or any statute, rule, law, regulation, standard or code which would materially adversely affect the business, operations, Intellectual Property Rights, affairs or financial condition of the Company.

3.7

 Brokers or Finders.  No person has or will have, as a result of the transactions contemplated by this Agreement, any right, interest or valid claim against or upon each Purchaser for any commission, fee or other compensation as a finder or broker because of any act or omission by the Company or its respective agents.

3.8

 Refusal of Registration.  The parties hereby acknowledge and agree that the Company shall be required, as a term of this contract, to refuse to register any transfer of the Shares not made in accordance with the provisions of Regulation S, or pursuant to Registration, or another exemption from registration, under the Securities Act.

ARTICLE IV

MISCELLANEOUS

 

4.1.

 Waiver; Cumulative Remedies.  No failure or delay on the part of any party to this Agreement in exercising any right, power or remedy hereunder shall operate as a waiver thereof; nor shall any single or partial exercise of any such right, power or remedy preclude any other or further exercise thereof or the exercise of any other right, power or remedy hereunder.  The remedies herein provided are cumulative and not exclusive of any remedies provided by law.

4.2.

 Amendments; Waivers and Consents.  Any provision in the Agreement to the contrary notwithstanding, and except as hereinafter provided, changes in, termination or amendments of or additions to this Agreement may be made, and compliance with any covenant or provision set forth herein may be omitted or waived, if either Party shall obtain consent thereto in writing from the other Party.  Any waiver or consent may be given subject to satisfaction of conditions stated therein and any waiver or consent shall be effective only in the specific instance and for the specific purpose for which given.

4.3.

 Addresses for Notices.  Any notice or other communication required or permitted to be given hereunder shall be in writing and shall be mailed by certified mail, return receipt requested, or delivered against receipt to Company and/or to each Purchaser.  Any notice or other communication given by certified mail shall be deemed given at the time of certification thereof, except for a notice changing a party’s address which shall be deemed given at the time of receipt thereof.

4

4.4.

 Costs; Expenses and Taxes.   Upon execution of this Agreement and with each delivery of the Purchase Price as set forth in 1.3, the Company shall pay no monies in the aggregate, to cover fees and disbursements of counsel to each Purchaser incurred in connection with the negotiation, drafting and completion of the Transaction Documents and all related matters. The Company shall pay any and all stamp, or other similar taxes payable or determined to be payable in connection with the execution and delivery of this Agreement, the issuance of any securities and the other instruments and documents to be delivered hereunder or thereunder, and agrees to save each Purchaser harmless from and against any and all liabilities with respect to or resulting from any delay in paying or omission to pay such taxes.

4.5.

 Effectiveness; Binding Effect; Assignment.  This Agreement shall be binding upon and inure to the benefit of the Company, Each Purchaser and the respective successors and assigns.

4.6.

 Survival of Representations and Warranties.  All representations and warranties made in the Transaction Documents, the Shares, or any other instrument or document delivered in connection herewith or therewith, shall survive the execution and delivery hereof or thereof.

4.7.

 Prior Agreements.  The Transaction Documents executed and delivered in connection herewith constitute the entire agreement between the parties with respect to the subject matter set forth herein and supersede any prior understandings or agreements concerning the subject matter hereof.

 

4.8.

 Severability.  The provisions of the Transaction Documents are severable and, in the event that any court of competent jurisdiction shall determine that any one or more of the provisions or part of a provision contained therein shall, for any reason, be held to be invalid, illegal or unenforceable in any respect, such invalidity, illegality or unenforceability shall not affect any other provision or part of a provision of such Transaction Document and the terms of the Shares shall be reformed and construed as if such invalid or illegal or unenforceable provision, or part of a provision, had never been contained herein, and such provisions or part reformed so that it would be valid, legal and enforceable to the maximum extent possible.

4.9.

 Governing Law; Venue.

(a)

 This Agreement shall be enforced, governed and construed in accordance with the laws of the State of New York without giving effect to choice of laws principles or conflict of laws provisions. Any suit, action or proceeding pertaining to this Agreement or any transaction relating hereto shall be brought to the US District Court-Southern District of New York and the undersigned hereby irrevocably consents and submits to the jurisdiction of such courts for the purpose of any such suit, action, or proceeding.  Each Purchaser acknowledges and agrees that venue hereunder shall lie exclusively in Manhattan, New York City, New York.

(b)

 Each Purchaser hereby waives, and agrees not to assert against the Company, or any successor assignee thereof, by way of motion, as a defense, or otherwise, in any such suit, action or proceeding, (i) any claim that each Purchaser is not personally subject to the jurisdiction of the above-named courts, and (ii) to the extent permitted by applicable law, any claim that such suit, action or proceeding is brought in an inconvenient forum or that the venue of any such suit, action or proceeding is improper or that this Agreement may not be enforced in or by such courts.

4.10.

Headings.  Article, section and subsection headings in this Agreement are included herein for convenience of reference only and shall not constitute a part of this Agreement for any other purpose.

4.11.

Counterparts.  This Agreement may be executed in any number of counterparts, all of who taken together shall constitute one and the same instrument, and any of the parties hereto may execute this Agreement by signing any such counterpart.

 

4.12.

Further Assurances.  From and after the date of this Agreement, upon the request of each Purchaser or the Company, the Company and each Purchaser shall execute and deliver such instruments, documents and other writings as may be reasonably necessary or desirable to confirm and carry out and to effectuate fully the intent and purposes of the Transaction Documents and the Shares.

 

5

IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be executed as of the date first above written.

 

COMPANY

Realgold International, Inc.

Formerly known as “Piranha Ventures, Inc.”

By: /s/ Tan Lung Lai                   

Tan Lung Lai 

President, CEO and CFO

PURCHASERS

By: /s/  Lin Ting Thomas             

Lin Ting Thomas, as Purchasers’ Representative

6

Schedule A

				
	No.

	Purchaser

	Nationality and Residency

	Number of Shares Purchased

	1

	Tang Hong

	China

	24,237

	2

	Ge Hongxia

	China

	7,140

	3

	Zhang Yuanxiang

	China

	7,071

	4

	Huang Weixing

	China

	44,443

	5

	Tu Yinjuan

	China

	20,796

	6

	Huang Zhen

	China

	68,088

	7

	Qiu Xiaohua

	China

	12,822

	8

	Lu Yun

	China

	7,332

	9

	Tu Huiwen

	China

	14,961

	10

	Zhang Hanxing

	China

	30,523

	11

	Cai Taojun

	China

	9,104

	12

	Li Xia

	China

	36,240

	13

	Wei Jianhong

	China

	28,644

	14

	Hong Hong

	China

	29,038

	15

	Wu Jianying

	China

	57,773

	16

	Wang Yuxia

	China

	15,147

	17

	Wu Zengzeng

	China

	9,911

	18

	Zhang Lingling

	China

	10,750

	19

	Li Jiming

	China

	27,684

	20

	Chen Xiangying

	China

	84,803

	21

	Hui Yicun

	China

	47,183

	22

	Liu Meilan

	China

	64,873

	23

	Wang Yonghong

	China

	18,291

	24

	Yuan Longmei

	China

	23,206

	25

	Wang Wenhu

	China

	6,967

	26

	Yin Shilan

	China

	18,963

	27

	Li Shuiqiong

	China

	32,100

	28

	Fang Sili

	China

	50,572

	29

	Bao Xiaorong

	China

	44,604

	30

	Zhou Xiaoying

	China

	67,779

	31

	Luo Rong

	China

	17,220

	32

	Zhang Hongxia

	China

	53,826

	33

	Zhao Ling

	China

	6,702

	34

	Su Yang

	China

	1,503,699

	35

	Wang Jianxie

	China

	16,902

	36

	Xie Xuefa

	China

	21,031

	37

	Pan Hengxi

	China

	29,361

	38

	Yang Xinbei

	China

	41,547

	39

	Wang Lifang

	China

	21,921

	40

	Hu Wenhai

	China

	10,034

	41

	Xu Maowen

	China

	79,131

	42

	Huang Daoliang

	China

	26,178

	43

	Xie Yunming

	China

	24,364

	44

	Xiong Yu

	China

	35,755

	45

	Ye Xiaoli

	China

	48,766

	46

	Luo Shanshan

	China

	741,625

	47

	Chen Wei

	China

	18,779

	48

	Chen Yihe

	China

	18,660

	49

	Dong Guoliang

	China

	64,736

	50

	Wang Yanzhen

	China

	85,915

	51

	Cheng Tianwu

	China

	82,010

	52

	Zheng Yijian

	China

	119,505

	53

	Lin Qiming

	China

	120,026

	54

	Zhang Xianxiu

	China

	94,855

	55

	Zhang Fajian

	China

	262,692

	56

	Ma Xiaoying

	China

	350,000

	57

	Chen Ruirong

	China

	107,349

	58

	Chen Yikang

	China

	23,324

	59

	Zhao Yuan

	China

	11,260

	60

	Lin Jin Long

	China

	17,717

	61

	Ke Qiufang

	China

	14,273

	62

	Lin Ting Thomas

	Singapore

	500,000

	63

	Lee Kim Chaw

	Malaysia

	300,000

	64

	Jin Sha

	China

	209,792

	 
	 
	Total:

	6,000,000

7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00197-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00197-of-00352.parquet"}]]