Document:

Nutrastar International Inc.: Exhibit 10-2 - Filed by newsfilecorp.com

Exhibit 10.2 

NUTRASTAR INTERNATIONAL INC.

2009 EQUITY INCENTIVE PLAN 

STOCK OPTION AGREEMENT 

Unless otherwise defined herein,
the terms in the Stock Option Agreement (the “Option Agreement”) have the same
meanings as defined in the Nutrastar International Inc. 2009 Equity Incentive
Plan (the “Plan”). 

	I. 	
      NOTICE OF STOCK OPTION GRANT 

	 	 
	 	Optionee: Robert Tick 
	 	 
	 	Address:
  ___________________

You have been granted an Option
to purchase Common Stock of the Company, subject to the terms and conditions of
the Plan and this Option Agreement, as follows: 

	 	Grant Date: 	July
      16, 2010 
	 	Vesting Date: 	See
      the Vesting Schedule below 
	 	Exercise Price per Share: 	See
      the Vesting Schedule below
	 	Total Number of Shares Granted: 	150,000
	 	Total Exercise Price: 	$900,000 
	 	Type of Option: 	Incentive Stock Option 
	 	Expiration Date: 	Three
      (3) years after Vesting Date 
	 	Vesting Schedule: 	 

The Option vests under the following schedule:

	Number of Shares 	Exercise Price per
      Share 	Vesting Date 
	75,000 	$5.00 	December 31, 2011 
	75,000 	$7.00 	December 31, 2012 

Acceleration of the exercisability and vesting of Options:

If the Company’s Total Market
Value exceeds $200 million on or before December 31, 2012, then, subject to the
provisions and terms of this Option Agreement, all of the unvested Option shall
become vested and exercisable on the date when the vesting and exercise
acceleration criteria are met. The Company will determine whether the exercise
acceleration criteria has been met on the date when the Company files its
Quarterly Report on Form 10-Q with the SEC each quarter. 

Total Market Value means the
Company’s Market Capitalization as defined by the Number of the Company’s Common
Shares outstanding multiplied by the Common Stock Share Price of the Company.

The Number of Common Shares
Outstanding means the number of basic common shares outstanding used to
calculate the basic EPS in that filing quarter’s Form 10-Q. 

Common Stock Share Price means
the mathematical mean of the Company’s daily trading day closing share price
during that calendar quarter for which the Form 10-Q is filed. 

Termination Period: 

To the extent vested, this Option
will be exercisable for three (3) months after Optionee ceases to be a Service
Provider, unless termination is due to Optionee’s death or Disability, in which
case this Option will be exercisable for twelve (12) months after
Optionee ceases to be a Service Provider. Notwithstanding the foregoing
sentence, in no event may this Option be exercised after any termination of the
Optionee as a Service Provider determined by the Company’s Board to be for Cause
or after the Expiration Date as provided above and this Option may be subject to
earlier termination as provided in the Plan.

“Cause” has the meaning ascribed
to such term or words of similar import in Optionee’s written employment or
service contract with the Company or its Parent or any Subsidiary and, in the
absence of such agreement or definition, means Optionee’s (i) conviction of, or
plea of nolo contendere to, a felony or any other crime involving moral
turpitude; (ii) fraud on or misappropriation of any funds or property of the
Company or its subsidiaries, or any affiliate, customer or vendor; (iii)
personal dishonesty, incompetence, willful misconduct, willful violation of any
law, rule or regulation (other than minor traffic violations or similar
offenses), or breach of fiduciary duty which involves personal profit; (iv)
willful misconduct in connection with Optionee’s duties or willful failure to
perform Optionee’s responsibilities in the best interests of the Company or its
subsidiaries; (v) illegal use or distribution of drugs; (vi) violation of any
rule, regulation, procedure or policy of the Company or its subsidiaries; or
(vii) breach of any provision of any employment, non-disclosure,
non-competition, non-solicitation or other similar agreement executed by
Optionee for the benefit of the Company or its subsidiaries, all as determined
by the Company’s Board, which determination will be conclusive.

II. 

AGREEMENT 

1.

 Grant of Option. The
Administrator grants to the Optionee named in the Notice of Stock Option Grant
in Part I of this Option Agreement, an Option to purchase the number of Shares set forth in the Notice of Stock Option Grant, at the exercise
price per Share set forth in the Notice of Stock Option Grant (the “Exercise
Price”), and subject to the terms and conditions of the Plan, which is
incorporated herein by reference. In the event of a conflict between the terms
and conditions of the Plan and this Option Agreement, the terms and conditions
of the Plan prevail.

-2- 

If designated in the Notice of
Stock Option Grant as an Incentive Stock Option, this Option is intended to
qualify as an Incentive Stock Option as defined in Code section 422.
Nevertheless, to the extent that it exceeds the $100,000 rule of Code section
422(d), this Option will be treated as a Nonstatutory Stock Option. 

2. 

 Exercise of Option. 

(a) Right to Exercise.
This Option is exercisable during its term in accordance with the Vesting
Schedule set out in the Notice of Stock Option Grant and with the applicable
provisions of the Plan and this Option Agreement. 

(b) Method of Exercise.
This Option is exercisable by (i) delivery of an exercise notice in the form
attached as Exhibit A (the “Exercise Notice”) or in a manner and pursuant
to procedures as the Administrator may determine, which will state the election
to exercise the Option, the number of Shares with respect to which the Option is
being exercised, and other representations and agreements as may be required by
the Company and (ii) paying the Company in full the aggregate Exercise Price as
to all Shares being acquired, together with any applicable tax withholding.

This Option will be deemed to be
exercised upon receipt by the Company of a fully executed Exercise Notice
accompanied by the aggregate Exercise Price, together with any applicable tax
withholding.

No Shares will be issued pursuant
to the exercise of an Option unless the issuance and exercise of Shares complies
with Applicable Laws. Assuming compliance, for income tax purposes the Shares
will be considered transferred to the Optionee on the date on which the Option
is exercised with respect to the Shares.

3. 

 Method of Payment. The
aggregate Exercise Price may be paid by any of the following, or a combination
thereof, at the election of the Optionee: 

(a) cash; 

(b) check;

(c) promissory note; 

(d) other Shares, provided Shares
have a Fair Market Value on the date of surrender equal to the aggregate
exercise price of the Shares as to which said Option will be exercised;

-3- 

(e) by asking the Company to
withhold Shares from the total Shares to be delivered upon exercise equal to the
number of Shares having a value equal to the aggregate Exercise Price of the
Shares being acquired; 

(f) any combination of the foregoing methods of payment; or

(g) such other consideration and
method of payment for the issuance of Shares to the extent permitted by
Applicable Laws. 

4. 

 Restrictions on
Exercise. This Option may not be exercised (a) until such time as the Plan
has been approved by the stockholders of the Company, or (b) if the issuance of
such Shares upon such exercise or the method of payment of consideration for
such shares would constitute a violation of any Applicable Laws. The Company
will be relieved of any liability with respect to any delayed issuance of shares
or its failure to issue shares if such delay or failure is necessary to comply
with Applicable Laws. 

5. 

 Non-Transferability of
Option. This Option may not be transferred in any manner otherwise than by
will or by the laws of descent or distribution and may be exercised during the
lifetime of Optionee only by Optionee. The terms of the Plan and this Option
Agreement are binding upon the executors, administrators, heirs, successors and
assigns of the Optionee. 

6. 

 Term of Option. This
Option may be exercised only within the term set out in the Notice of Stock
Option Grant, and may be exercised during the term only in accordance with the
Plan and the terms of this Option. 

7. 

 Tax Obligations. 

(a) Withholding Taxes.
Optionee agrees to arrange for the satisfaction of all Federal, state, local and
foreign income and employment tax withholding requirements applicable to the
Option exercise. Optionee acknowledges and agrees that the Company may refuse to
honor the exercise and refuse to deliver the Shares if withholding amounts are
not delivered at the time of exercise. 

(b) Notice of Disqualifying
Disposition of ISO Shares. If the Option granted to Optionee is an ISO, and
if Optionee sells or otherwise disposes of any of the Shares acquired pursuant
to the ISO on or before the later of (i) the date two (2) years after the Grant
Date, or (ii) the date one (1) year after the date of exercise, the Optionee
must immediately notify the Company of the disposition in writing. Optionee
agrees that Optionee may be subject to income tax withholding by the Company on
the compensation income recognized by the Optionee.

(c) Code Section 409A.
Under Code section 409A, an Option that vests after December 31, 2004 that was
granted with a per Share exercise price that is determined by the Internal
Revenue Service (the “IRS”) to be less than the Fair Market Value of a Share on
the Grant Date (a “discount option”) may be considered deferred compensation. An
Option that is a discount option may result in (i) income recognition by the
Optionee prior to the exercise of the Option, (ii) an additional twenty percent
(20%) tax, and (iii) potential penalty and interest charges. Optionee
acknowledges that the Company cannot and has not guaranteed that the IRS will
agree that the per Share Exercise Price of this Option equals or exceeds Fair
Market Value of a Share on the Grant Date in a later examination. Optionee
agrees that if the IRS determines that the Option was granted with a per Share
exercise price that was less than the Fair Market Value of a Share on the Grant
Date, Optionee will be solely responsible for any and all resulting tax
consequences.

-4- 

8. 

 No Guarantee of Continued
Service. OPTIONEE ACKNOWLEDGES AND AGREES THAT THE VESTING OF SHARES
PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A
SERVICE PROVIDER AT THE WILL OF THE COMPANY (OR THE PARENT OR SUBSIDIARY
EMPLOYING OR RETAINING OPTIONEE) AND NOT THROUGH THE ACT OF BEING HIRED, BEING
GRANTED THIS OPTION OR ACQUIRING SHARES HEREUNDER. OPTIONEE FURTHER ACKNOWLEDGES
AND AGREES THAT THIS OPTION AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER
AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR
IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS A SERVICE PROVIDER FOR THE VESTING
PERIOD, FOR ANY PERIOD, OR AT ALL, AND WILL NOT INTERFERE IN ANY WAY WITH
OPTIONEE’S RIGHT OR THE RIGHT OF THE COMPANY (OR THE PARENT OR SUBSIDIARY
EMPLOYING OR RETAINING OPTIONEE) TO TERMINATE OPTIONEE’S RELATIONSHIP AS A
SERVICE PROVIDER AT ANY TIME, WITH OR WITHOUT CAUSE. 

9.

 Notices. All notices or
other communications which are required or permitted hereunder will be in
writing and sufficient if (i) personally delivered or sent by telecopy, (ii)
sent by nationally-recognized overnight courier or (iii) sent by registered or
certified mail, postage prepaid, return receipt requested, addressed as follows:

if to the Optionee, to the
address (or telecopy number) set forth on the Notice of Stock Option Grant; and

if to the Company, to the attention of the President at the
address set forth below: 

7/F Jinhua Mansion 
41 Hanguang Street
Nangang District,
Harbin 150080 
People's Republic of China 

or to any other address as the party to whom notice is to be
given may have furnished to the other party in writing in accordance herewith.
Any communication will be deemed to have been given (i) when delivered, if
personally delivered, or when telecopied, if telecopied, (ii) on the first
Business Day (as hereinafter defined) after dispatch, if sent by
nationally-recognized overnight courier and (iii) on the fourth Business Day
following the date on which the piece of mail containing the communication is
posted, if sent by mail. As used herein, “Business Day” means a day that is not
a Saturday, Sunday or a day on which banking institutions in the city to which
the notice or communication is to be sent are not required to be open. 

10. 

 Specific Performance.
Optionee expressly agrees that the Company will be irreparably damaged if the
provisions of this Option Agreement and the Plan are not specifically enforced.
Upon a breach or threatened breach of the terms, covenants and/or conditions of
this Option Agreement or the Plan by the Optionee, the Company will,
in addition to all other remedies, be entitled to a temporary or permanent
injunction, without showing any actual damage, and/or decree for specific
performance, in accordance with the provisions hereof and thereof. The
Administrator has the power to determine what constitutes a breach or threatened
breach of this Option Agreement or the Plan. The Administrator’s determinations
will be final and conclusive and binding upon the Optionee. 

-5- 

11. 

 No Waiver. No waiver
of any breach or condition of this Option Agreement will be deemed to be a
waiver of any other or subsequent breach or condition, whether of like or
different nature. 

12. 

 Optionee Undertaking.
The Optionee agrees to take whatever additional actions and execute whatever
additional documents the Company may in its reasonable judgment deem necessary
or advisable in order to carry out or effect one or more of the obligations or
restrictions imposed on the Optionee pursuant to the express provisions of this
Option Agreement. 

13.

 Modification of
Rights. The rights of the Optionee are subject to modification and
termination in certain events as provided in this Option Agreement and the Plan.

14. 

 Governing Law. This
Agreement is governed by, and construed in accordance with, the laws of the
State of Nevada, without giving effect to its conflict or choice of law
principles that might otherwise refer construction or interpretation of this
Agreement to the substantive law of another jurisdiction.

15. 

 Counterparts; Facsimile
Execution. This Option Agreement may be executed in one or more
counterparts, each of which will be deemed to be an original, but all of which
together constitute one and the same instrument. Facsimile execution and
delivery of this Option Agreement is legal, valid and binding execution and
delivery for all purposes. 

16. 

 Entire Agreement. The
Plan, this Option Agreement, and upon execution, the Exercise Notice, constitute
the entire agreement of the parties with respect to the subject matter hereof
and supersede in their entirety all prior undertakings and agreements of the
Company and Optionee with respect to the subject matter hereof, and may not be
modified adversely to the Optionee’s interest except by means of a writing
signed by the Company and Optionee. 

17.

 Severability. In the
event one or more of the provisions of this Option Agreement should, for any
reason, be held to be invalid, illegal or unenforceable in any respect, such
invalidity, illegality or unenforceability will not affect any other provisions
of this Option Agreement, and this Option Agreement will be construed as if such
invalid, illegal or unenforceable provision had never been contained herein.

18. 

 WAIVER OF JURY TRIAL.
THE OPTIONEE EXPRESSLY, IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN
ANY LEGAL ACTION OR PROCEEDING RELATING TO THIS OPTION AGREEMENT AND FOR ANY
COUNTERCLAIM THEREIN. 

-6- 

Optionee acknowledges receipt of
a copy of the Plan and represents that he or she is familiar with the terms and
provisions thereof, and accepts this Option subject to all of the terms and
provisions thereof. Optionee has reviewed the Plan and this Option in their
entirety, has had an opportunity to obtain the advice of counsel prior to
executing this Option and fully understands all provisions of the Option.
Optionee agrees to accept as binding, conclusive and final all decisions or
interpretations of the Administrator upon any questions arising under the Plan
or this Option. Optionee further agrees to notify the Company upon any change in
the residence address indicated below. 

	OPTIONEE 	 	NUTRASTAR INTERNATIONAL INC. 
	  	 	  
	/s/ Robert Tick
	 	/s/
      Lianyun Han 
	Signature 	 	By 
	  	 	  
	Robert Tick 	 	Lianyun Han 
	Print Name 	 	Print Name 
	  	 	  
	  	 	Chief
      Executive Officer 
	Residence Address 	 	Title 

-7- 

EXHIBIT A 

2009 EQUITY INCENTIVE PLAN 

EXERCISE NOTICE 

Nutrastar International Inc. 
[Address] 

Attention: _______________, _________________

1. 

 Exercise of Option.
Effective as of today, _____________, _____, the undersigned (“Optionee”) elects
to exercise Optionee’s option to purchase _________ shares of the Common Stock
(the “Shares”) of Nutrastar International Inc. (the “Company”) under and
pursuant to the Nutrastar International Inc. 2009 Equity Incentive Plan (the
“Plan”) and the Stock Option Agreement dated ____________, ____ (the “Option
Agreement”). 

2. 

 Delivery of Payment.
Optionee herewith delivers to the Company the full purchase price of the Shares,
as set forth in the Option Agreement, and any and all withholding taxes due in
connection with the exercise of the Option. 

3. 

 Representations of
Optionee. Optionee acknowledges that Optionee has received, read and
understood the Plan and the Option Agreement and agrees to abide by and be bound
by their terms and conditions. 

4. 

 Rights as Stockholder.
Until the issuance of the Shares (as evidenced by the appropriate entry on the
books of the Company or of a duly authorized transfer agent of the Company), no
right to vote or receive dividends or any other rights as a stockholder exists
with respect to the Optioned Stock, notwithstanding the exercise of the Option.
Subject to the requirements of Section 6 below, the Shares will be issued to the
Optionee as soon as practicable after the Option is exercised in accordance with
the Option Agreement. No adjustment will be made for a dividend or other right
for which the record date is prior to the date of issuance except as provided in
the Plan. 

5. 

 Tax Consultation.
Optionee understands that Optionee may suffer adverse tax consequences as a
result of Optionee’s purchase or disposition of the Shares. Optionee represents
that Optionee has consulted with any tax consultants Optionee deems advisable in
connection with the purchase or disposition of the Shares and that Optionee is
not relying on the Company for any tax advice. 

6. 

 Refusal to Transfer.
The Company will not (i) transfer on its books any Shares that have been sold or
otherwise transferred in violation of any of the provisions of this Exercise
Notice, or (ii) be required to treat as owner of such Shares or to
accord the right to vote or pay dividends to any purchaser or other transferee
to whom such Shares have been so transferred. 

7. 

 Successors and Assigns.
The Company may assign any of its rights under this Exercise Notice to single or
multiple assignees, and this Exercise Notice inures to the benefit of the
successors and assigns of the Company. Subject to the restrictions on transfer
herein set forth, this Exercise Notice is binding upon Optionee and his or her
heirs, executors, administrators, successors and assigns. 

8. 

 Interpretation. Any
dispute regarding the interpretation of this Exercise Notice will be submitted
by Optionee or by the Company forthwith to the Administrator for review at its
next regular meeting. The resolution of disputes by the Administrator will be
final and binding on all parties. 

9. 

 Governing Law;
Severability. This Exercise Notice is be governed by, and construed in
accordance with, the laws of the State of Nevada, without giving effect to its
conflict or choice of law principles that might otherwise refer construction or
interpretation of this Exercise to the substantive law of another jurisdiction.
In the event that any provision hereof becomes or is declared by a court of
competent jurisdiction to be illegal, unenforceable or void, this Exercise
Notice will continue in full force and effect. 

10. 

 Notices. Any notice
required or permitted hereunder will be provided in writing and deemed effective
if provided in the manner specified in the Option Agreement. 

11. 

 Further Instruments.
The parties agree to execute any further instruments and to take any further
action as may be reasonably necessary to carry out the purposes and intent of
the Option Agreement and this Exercise Notice. 

-2- 

12. 

 Entire Agreement. The
Plan and Option Agreement are incorporated herein by reference. This Exercise
Notice, the Plan, and the Option Agreement constitute the entire agreement of
the parties with respect to the subject matter hereof and supersede in their
entirety all prior undertakings and agreements of the Company and Optionee with
respect to the subject matter hereof, and may not be modified adversely to the
Optionee’s interest except by means of a writing signed by the Company and
Optionee. 

	Submitted by: 	 	Accepted by: 
	OPTIONEE 	 	NUTRASTAR INTERNATIONAL INC. 
	 	 	 
	  	 	  
	Signature 	 	By 
	 	 	 
	Print Name 	 	Print Name 
	 	 	 
	  	 	Title 
	 	 	 
	Address: 	 	Address: 
	  	 	  
	  	 	  
	 	 	 
	  	 	Date Received 

-3-Nutrastar International Inc.: Exhibit 10.3 - Filed by newsfilecorp.com

Exhibit 10.3 

NUTRASTAR INTERNATIONAL INC.

2009 EQUITY INCENTIVE PLAN 

NOTICE OF RESTRICTED SHARES GRANT 

Capitalized but otherwise undefined terms in this Notice of
Restricted Shares Grant and the attached Restricted Shares Grant Agreement shall
have the same defined meanings as in the Nutrastar International Inc. 2009
Equity Incentive Plan (the “Plan”). 

Grantee Name: Robert Tick 
Address:_________________

You have been granted Restricted Shares subject to the terms
and conditions of the Plan and the attached Restricted Shares Grant Agreement,
as follows: 

	 	Date of Grant: 	          
      July 16, 2010 	 
	 	Vesting Commencement Date: 	          
      July 16, 2010 	 
	 	Exercise Price per Share: 	          
      $0.001 	 
	 	Total Number of Shares Granted: 	          
      150,000 	 
	 	Total Purchase Price: 	          
      $150.00 	 
	 	Agreement Date 	          
      July 16, 2010 	 
	 	Vesting Schedule: 	          
      as follows 	 

The Restricted Share vests under the following schedule:

	Number of Shares 	Vesting Date 
	25,000 	December 31, 2010 
	25,000 	June 30, 2011 
	25,000 	December 31, 2011 
	25,000 	June 30, 2012 
	25,000 	December 31, 2012 
	25,000 	June 30, 2013 

Acceleration of the vesting of Restricted Shares: 

	
  If the Company’s Total Market Value exceeds $200 million on or before June
  30, 2013, then, subject to the provisions and terms of this Restricted Shares
  Grant Agreement, all of the unvested Restricted Shares shall become vested and
  exercisable on the date when the vesting and exercise acceleration criteria
  are met. The Company will determine whether the vesting and exercise
  acceleration criteria has been met on the date when the Company files its
  Quarterly Report on Form 10-Q with the SEC each quarter.
  

	
  Total Market Value means the Company’s Market Capitalization as defined by
  the Number of the Company’s Common Shares outstanding multiplied by the Common
  Stock Share Price of the Company.
  

	
  The Number of Common Shares Outstanding means the number of basic common
  shares outstanding used to calculate the basic EPS in that filing quarter’s
  Form 10-Q.
  

	
  Common Stock Share Price means the mathematical mean of the Company’s
  daily trading day closing share price during that calendar quarter for which
  the Form 10-Q is filed. 

2 

NUTRASTAR INTERNATIONAL INC. 
2009 EQUITY INCENTIVE PLAN

RESTRICTED SHARES GRANT AGREEMENT 

This RESTRICTED SHARES GRANT AGREEMENT
(“Agreement”), dated as of the Agreement Date specified on the Notice of
Restricted Shares Grant is made by and between NUTRASTAR INTERNATIONAL INC., a
Nevada corporation (the “Company”), and the grantee named in the Notice of
Restricted Shares Grant (the “Grantee,” which term as used herein shall
be deemed to include any successor to Grantee by will or by the laws of descent
and distribution, unless the context shall otherwise require). 

BACKGROUND 

Pursuant to the Plan, the Company, acting through the
Administrator, approved the issuance to Grantee, effective as of the date set
forth above, of an award of the number of Restricted Shares as is set forth in
the attached Notice of Restricted Shares Grant (which is expressly incorporated
herein and made a part hereof, the “Notice of Restricted Shares Grant”) at the
purchase price per share of Restricted Shares (the “Purchase Price”), if any,
set forth in the attached Notice of Restricted Shares Grant, upon the terms and
conditions hereinafter set forth. 

NOW, THEREFORE, in consideration of the mutual premises
and undertakings hereinafter set forth, the parties agree as follows: 

1. 

 Grant and Purchase of Restricted Shares. The
Company hereby grants to Grantee, and Grantee hereby accepts the number of
Restricted Shares set forth in the Notice of Restricted Shares Grant, subject to
the payment by Grantee of the total purchase price, if any, set forth in the
Notice of Restricted Shares Grant.

2. 

 Stockholder Rights. 

(a) 

 Voting Rights. Until
such time as all or any part of the Restricted Shares are forfeited to the
Company under this Agreement, if ever, Grantee (or any successor in interest)
has the rights of a stockholder, including voting rights, with respect to the
Restricted Shares subject, however, to the transfer restrictions or any other
restrictions set forth in the Plan.

(b) 

 Dividends and Other
Distributions. During the Period of Restriction, Participants holding
Restricted Shares are entitled to all regular cash dividends or other
distributions paid with respect to all Shares while they are so held. If any
such dividends or distributions are paid in Shares, such Shares will be subject
to the same restrictions on transferability and forfeitability as the Restricted
Shares with respect to which they were paid.

3 

3. 

 Vesting of Restricted Shares. 

(a) 

The Restricted
Shares are restricted and subject to forfeiture until vested. The Restricted
Shares which have vested and are no longer subject to forfeiture are referred to
as “Vested Shares.” All Restricted Shares which have not become Vested Shares
are referred to as “Nonvested Shares.” 

(b) 

Restricted Shares will vest
and become nonforfeitable in accordance with the vesting schedule contained in
the Notice of Restricted Shares Grant except that 100% of Grantee’s Nonvested
Shares will vest in full upon a Change of Control. 

(c) 

Definitions.
Terms used in section 3 and 4 have the following meanings: 

(i)  

“Cause” has the meaning
ascribed to such term or words of similar import in Grantee’s written employment
or service contract with the Company or its subsidiaries and, in the absence of
such agreement or definition, means Grantee’s (i) conviction of, or plea of nolo
contendere to, a felony or crime involving moral turpitude; (ii) fraud on or
misappropriation of any funds or property of the Company or its subsidiaries, or
any affiliate, customer or vendor; (iii) personal dishonesty, incompetence,
willful misconduct, willful violation of any law, rule or regulation (other than
minor traffic violations or similar offenses), or breach of fiduciary duty which
involves personal profit; (iv) willful misconduct in connection with Grantee’s
duties or willful failure to perform Grantee’s responsibilities in the best
interests of the Company or its subsidiaries; (v) illegal use or distribution of
drugs; (vi) violation of any rule, regulation, procedure or policy of the
Company or its subsidiaries; or (vii) breach of any provision of any employment,
non-disclosure, non-competition, non-solicitation or other similar agreement
executed by Grantee for the benefit of the Company or its subsidiaries, all as
determined by the Board of Directors of the Company, which determination will be
conclusive.

(ii) 

“Retirement”
means Grantee’s retirement from Company employ at age 65 as determined in
accordance with the policies of the Company or its subsidiaries in good faith by
the Board of Directors of the Company, which determination will be final and
binding on all parties concerned. 

(d) 

Nonvested Shares may not be
sold, transferred, assigned, pledged, or otherwise disposed of, directly or
indirectly, whether by operation of law or otherwise. The restrictions set forth
in this Section will terminate upon a Change of Control. 

4. 

 Forfeiture of Nonvested Shares. Except as
provided herein, if Grantee's service with the Company ceases for any reason
other than Grantee’s (a) death, (b) Disability, (c) Retirement, or (d)
termination by the Company without Cause, any Nonvested Shares will be
automatically forfeited to the Company, subject to the re-payment by the Company
at the lesser of (1) the original purchase price paid by the Participant
pursuant to the Award Agreement or (2) the Shares’ Fair Market Value on the date
of repurchase. 

(a) 

 Legend. Each
certificate representing Restricted Shares granted pursuant to the Notice of
Restricted Shares Grant may bear a legend substantially as follows: 

4 

“THE SALE OR OTHER TRANSFER OF THE SHARES REPRESENTED BY THIS
CERTIFICATE, WHETHER VOLUNTARY, INVOLUNTARY OR BY OPERATION OF LAW, IS SUBJECT
TO CERTAIN RESTRICTIONS ON TRANSFER AS SET FORTH IN THE NUTRASTAR INTERNATIONAL
INC. 2009 EQUITY INCENTIVE PLAN AND IN A RESTRICTED SHARE GRANT AGREEMENT. A
COPY OF SUCH PLAN AND SUCH AGREEMENT MAY BE OBTAINED FROM NUTRASTAR
INTERNATIONAL INC.” 

(b) 

 Escrow of Nonvested
Shares. The Company has the right to retain the certificates representing
Nonvested Shares in the Company’s possession until such time as all restrictions
applicable to such Shares have been satisfied. 

(c) 

 Removal of
Restrictions. The Participant is entitled to have the legend removed from
certificates representing Vested Shares. 

5. 

 Recapitalizations, Exchanges, Mergers, Etc.
The provisions of this Agreement apply to the full extent set forth
herein with respect to any and all shares of capital stock of the Company or
successor of the Company which may be issued in respect of, in exchange for, or
in substitution for the Restricted Shares by reason of any stock dividend,
split, reverse split, combination, recapitalization, reclassification, merger,
consolidation or otherwise which does not terminate this Agreement. Except as
otherwise provided herein, this Agreement is not intended to confer upon any
other person except the parties hereto any rights or remedies hereunder. 

6. 

 Grantee Representations. 

Grantee represents to the Company the following: 

(a) 

 Restrictions on
Transfer. Grantee acknowledges that the Restricted Shares to be issued to
Grantee must be held indefinitely unless subsequently registered and qualified
under the Securities Act or unless an exemption from registration and
qualification is otherwise available. In addition, Grantee understands that the
certificate representing the Restricted Shares will be imprinted with a legend
which prohibits the transfer of such Restricted Shares unless they are sold in a
transaction in compliance with the Securities Act or are registered and
qualified or such registration and qualification are not required in the opinion
of counsel acceptable to the Company. 

(b) 

 Relationship to the
Company; Experience. Grantee either has a preexisting business or personal
relationship with the Company or any of its officers, directors or controlling
persons or, by reason of Grantee’s business or financial experience or the
business or financial experience of Grantee’s personal representative(s), if
any, who are unaffiliated with and who are not compensated by the Company or any
affiliate or selling agent, directly or indirectly, has the capacity to protect
Grantee’s own interests in connection with Grantee’s acquisition of the
Restricted Shares to be issued to Grantee hereunder. Grantee and/or Grantee’s
personal representative(s) have such knowledge and experience in financial, tax
and business matters to enable Grantee and/or them to utilize the information made
available to Grantee and/or them in connection with the acquisition of the
Restricted Shares to evaluate the merits and risks of the prospective investment
and to make an informed investment decision with respect thereto.

5 

(c) 

 Grantee’s Liquidity.
In reaching the decision to invest in the Restricted Shares, Grantee has
carefully evaluated Grantee’s financial resources and investment position and
the risks associated with this investment, and Grantee acknowledges that Grantee
is able to bear the economic risks of the investment. Grantee (i) has adequate
means of providing for Grantee’s current needs and possible personal
contingencies, (ii) has no need for liquidity in Grantee’s investment, (iii) is
able to bear the substantial economic risks of an investment in the Restricted
Shares for an indefinite period and (iv) at the present time, can afford a
complete loss of such investment. Grantee’s commitment to investments which are
not readily marketable is not disproportionate to Grantee’s net worth and
Grantee’s investment in the Restricted Shares will not cause Grantee’s overall
commitment to become excessive. 

(d) 

 Access to Data.
Grantee acknowledges that during the course of this transaction and before
deciding to acquire the Restricted Shares, Grantee has been provided with
financial and other written information about the Company. Grantee has been
given the opportunity by the Company to obtain any information and ask questions
concerning the Company, the Restricted Shares, and Grantee’s investment that
Grantee felt necessary; and to the extent Grantee availed himself of that
opportunity, Grantee has received satisfactory information and answers
concerning the business and financial condition of the Company in response to
all inquiries in respect thereof. 

(e)

 Risks. Grantee
acknowledges and understands that (i) an investment in the Company constitutes a
high risk, (ii) the Restricted Shares are highly speculative, and (iii) there
can be no assurance as to what investment return, if any, there may be. Grantee
is aware that the Company may issue additional securities in the future which
could result in the dilution of Grantee’s ownership interest in the Company.

(f) 

 Valid Agreement. This
Agreement when executed and delivered by Grantee will constitute a valid and
legally binding obligation of Grantee which is enforceable in accordance with
its terms. 

(g) 

 Residence. The address
set forth on the Notice of Restricted Shares Grant is Grantee’s current address
and accurately sets forth Grantee’s place of residence. 

(h) 

 Tax Consequences.
Grantee has reviewed with Grantee’s own tax advisors the federal, state, local
and foreign tax consequences of this investment and the transactions
contemplated by this Agreement. Grantee is relying solely on such advisors and
not on any statements or representations of the Company or any of its agents.
Grantee understands that Grantee (and not the Company) is responsible for
Grantee’s own tax liability that may arise as a result of the transactions
contemplated by this Agreement. Grantee understands that Section 83 of the
Internal Revenue Code of 1986, as amended (the “Code”), taxes as ordinary income
the difference between the purchase price for the Restricted Shares and the fair
market value of the Restricted Shares as of the date any restrictions on the
Restricted Shares lapse. Grantee understands that Grantee may elect to be taxed
at the time the Restricted Shares is purchased rather than when and as the restrictions lapse by filing an
election under Section 83(b) of the Code with the Internal Revenue Service
within 30 days from the date of purchase. The form for making this election is
attached as Exhibit A hereto. 

6 

GRANTEE ACKNOWLEDGES THAT IT IS GRANTEE’S SOLE RESPONSIBILITY
AND NOT THE COMPANY’S TO FILE TIMELY ANY ELECTION UNDER SECTION 83(b), EVEN IF
GRANTEE REQUESTS THE COMPANY OR ITS REPRESENTATIVES TO MAKE THIS FILING ON
GRANTEE’S BEHALF. 

7. 

 No Employment Contract Created. The issuance
of the Restricted Shares is not be construed as granting to Grantee any right
with respect to continuance of employment or any service with the Company or any
of its subsidiaries. The right of the Company or any of its subsidiaries to
terminate at will Grantee's employment or terminate Grantee’s service at any
time (whether by dismissal, discharge or otherwise), with or without cause, is
specifically reserved, subject to any other written employment or other
agreement to which the Company and Grantee may be a party. 

8. 

 Tax Withholding. The Company has the power and
the right to deduct or withhold, or require Grantee to remit to the Company, an
amount sufficient to satisfy Federal, state and local taxes (including the
Grantee’s FICA obligation) required by law to be withheld with respect to the
grant and vesting of the Restricted Shares. 

9. 

 Interpretation. The Restricted Shares are
being issued pursuant to the terms of the Plan, and are to be interpreted in
accordance therewith. The Administrator will interpret and construe this
Agreement and the Plan, and any action, decision, interpretation or
determination made in good faith by the Administrator will be final and binding
on the Company and Grantee. 

10. 

 Notices. All notices or other
communications which are required or permitted hereunder will be in writing and
sufficient if (i) personally delivered or sent by telecopy, (ii) sent by
nationally-recognized overnight courier or (iii) sent by registered or certified
mail, postage prepaid, return receipt requested, addressed as follows: 

if to Grantee, to the address (or telecopy number) set forth on
the Notice of Restricted Shares Grant; and 

if to the Company, to the attention of the President at the
address set forth below: 

Nutrastar International Inc.

7/F Jinhua Mansion 
41 Hanguang Street
Nangang District,
Harbin 150080 
People's Republic of China 

or to such other address as the party to whom notice is to be
given may have furnished to the other party in writing in accordance herewith.
Any such communication will be deemed to have been given (i) when delivered, if
personally delivered, or when telecopied, if telecopied, (ii) on the first Business Day (as hereinafter defined) after dispatch,
if sent by nationally-recognized overnight courier and (iii) on the fifth
Business Day following the date on which the piece of mail containing such
communication is posted, if sent by mail. As used herein, “Business Day” means a
day that is not a Saturday, Sunday or a day on which banking institutions in the
city to which the notice or communication is to be sent are not required to be
open. 

7 

11. 

 Specific Performance. Grantee expressly
agrees that the Company will be irreparably damaged if the provisions of this
Agreement and the Plan are not specifically enforced. Upon a breach or
threatened breach of the terms, covenants and/or conditions of this Agreement or
the Plan by Grantee, the Company will, in addition to all other remedies, be
entitled to a temporary or permanent injunction, without showing any actual
damage, and/or decree for specific performance, in accordance with the
provisions hereof and thereof. The Administrator has the power to determine what
constitutes a breach or threatened breach of this Agreement or the Plan. Any
such determinations will be final and conclusive and binding upon Grantee. 

12. 

 No Waiver. No waiver of any breach or
condition of this Agreement will be deemed to be a waiver of any other or
subsequent breach or condition, whether of like or different nature. 

13. 

 Grantee Undertaking. Grantee hereby
agrees to take whatever additional actions and execute whatever additional
documents the Company may in its reasonable judgment deem necessary or advisable
in order to carry out or effect one or more of the obligations or restrictions
imposed on Grantee pursuant to the express provisions of this Agreement. 

14. 

 Modification of Rights. The rights of
Grantee are subject to modification and termination in certain events as
provided in this Agreement and the Plan. 

15. 

 Governing Law. This Agreement is
governed by, and construed in accordance with, the laws of the State of Nevada,
without giving effect to its conflict or choice of law principles that might
otherwise refer construction or interpretation of this Agreement to the
substantive law of another jurisdiction.

16. 

 Counterparts; Facsimile Execution. This Agreement may be executed in one or more counterparts, each of which
will be deemed to be an original, but all of which together will constitute one
and the same instrument. Facsimile execution and delivery of this Agreement is
legal, valid and binding execution and delivery for all purposes. 

17. 

 Entire Agreement. This Agreement
(including the Notice of Restricted Shares Grant) and the Plan, constitute the
entire agreement between the parties with respect to the subject matter hereof,
and supersede all previously written or oral negotiations, commitments,
representations and agreements with respect thereto. 

18. 

 Severability. In the event one or more
of the provisions of this Agreement should, for any reason, be held to be
invalid, illegal or unenforceable in any respect, such invalidity, illegality or
unenforceability will not affect any other provisions of this Agreement, and
this Agreement will be construed as if such invalid, illegal or unenforceable
provision had never been contained herein. 

8 

19. 

 WAIVER OF JURY TRIAL. THE GRANTEE
HEREBY EXPRESSLY, IRREVOCABLY AND UNCONDITIONALLY WAIVES TRIAL BY JURY IN ANY
LEGAL ACTION OR PROCEEDING RELATING TO THIS AGREEMENT AND FOR ANY COUNTERCLAIM
THEREIN. 

[Signature Page Follows] 

9 

IN WITNESS WHEREOF, the parties hereto have executed
this Restricted Share Grant Agreement as of the date first written above. 

NUTRASTAR INTERNATIONAL INC.

By:/s/ Lianyun
Han               

Name: Lianyun Han 
Title: Chief Executive Officer

GRANTEE: 

/s/ Robert
Tick                   

Name: Robert Tick 

10 

SPOUSE'S CONSENT TO AGREEMENT 
(Required where Grantee
resides in a community property state) 

I acknowledge that I have read the Agreement and the Plan and
that I know and understand the contents of both. I am aware that my spouse has
agreed therein to the imposition of certain forfeiture provisions and
restrictions on transferability with respect to the Restricted Shares that are
the subject of the Agreement, including with respect to my community interest
therein, if any, on the occurrence of certain events described in the Agreement.
I hereby consent to and approve of the provisions of the Agreement, and agree
that I will abide by the Agreement and bequeath any interest in the Restricted
Shares which represents a community interest of mine to my spouse or to a trust
subject to my spouse's control or for my spouse's benefit or the benefit of our
children if I predecease him. 

	Dated: _________________________________	_________________________________
	 	Signature 
	 	  
	 	  
	 	_________________________________
	 	Print Name 

11 

Exhibit A 

ELECTION UNDER SECTION 83(b) 
OF THE INTERNAL REVENUE CODE
OF 1986 

The undersigned taxpayer hereby elects, pursuant to Sections 55
and 83(b) of the Internal Revenue Code of 1986, as amended, to include in
taxpayer’s gross income or alternative minimum taxable income, as the case may
be, for the current taxable year the amount of any compensation taxable to
taxpayer in connection with taxpayer’s receipt of the property described below.

1. 

The name,
address, taxpayer identification number and taxable year of the undersigned are
as follows: 

	 	                                                                                 	TAXPAYER: 	SPOUSE: 
	 	NAME: 	 	  
	 	ADDRESS: 	 	  
	 	IDENTIFICATION NO.: 	 	  
	 	TAXABLE YEAR: 	 	  

2. 

The property with respect to which the election is made is
described as follows: ____ shares (the “Shares”) of the Common Stock of Nutrastar International Inc. (the “Company”). 

3. 

The date on which
the property was transferred is:___________________, ______. 

4. 

The property is
subject to the following restrictions: The Shares may not be transferred and are
subject to forfeiture under the terms of an agreement between the taxpayer and
the Company. These restrictions lapse upon the satisfaction of certain
conditions contained in such agreement. 

5. 

The fair market
value at the time of transfer, determined without regard to any restriction
other than a restriction which by its terms will never lapse, of such property
is: $_________________. 

6. 

The amount (if
any) paid for such property is: $_________________. 

The undersigned has submitted a copy of this statement to the
person for whom the services were performed in connection with the undersigned’s
receipt of the above-described property. The transferee of such property is the
person performing the services in connection with the transfer of said property.

The undersigned understands that the foregoing election may
not be revoked except with the consent of the Commissioner. 

	Dated: ______________________, ______	
	  	Taxpayer 
	The undersigned spouse of taxpayer joins in this
      election. 
	  	  
	Dated: ______________________, ______	
	  	Spouse of Taxpayer 

12

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