Document:

EXCLUSIVE
      OPTION AGREEMENT 

     

    This
      Exclusive Option Agreement (the “Agreement”) is entered into as of July 25, 2008
      between the following parties in Fuzhou, Fujian Province, P.R.C. 

    

    Party A: Green
      Planet Bioengineering Co., Ltd. 

    Registered
      Address: #666
      of
      Mingdu Mansion, #126, Gong Ye Nan Road, Sanming City

    

    Party B:
      

    Zhao
      Min, A
      citizen
      of P.R.C., 

    And
      the
      Identity Card Number: 350111196808040358;

    Zheng
      Minyan, A
      citizen
      of P.R.C., 

    And
      the
      Identity Card Number: 350402801017202;

    Jiangle
      Jianlong Mineral Industry Co., Ltd., 

    And
      the
      Business License Number: Qi He Ming Zong Fu Zi No.000264

    

    Party C:
      Sanming Huajian Bio-Engineering Co., Ltd.

    Registered
      Address:
      Jikou
      District, Sanyuan District Industrial Development Park, Sanming
      City.

     

    WHEREAS:
      

     

    
      	
              1.

            	
              Party
                A is a wholly foreign-owned enterprise incorporated under the laws
                of the
                People’s Republic of China (the “P.R.C.”), which was registered at
                Administration of Industry and Commerce Bureau of Sanming, in P.R.C.,
                and
                the registered number is 350400400003046. It legally exists to
                date.

            

    

     

    
      	
              2.

            	
              Party
                C is an enterprise registered in Sanming City, Fujian Province, and
                legally existing to date. The number of its business license is
                350400100007408.

            

    

     

    
      	
              3.

            	
              As
                of the date of this Agreement Party B are the only shareholders of
                Party
                C, and legally hold the 100% equity interest of Party
                C.

            

    

     

    NOW,
      THEREFORE,
      the
      Parties through mutual negotiations hereby enter into this Agreement according
      to the following terms and conditions:

     

    
      	
              1.

            	
              THE
                GRANT AND EXERCISE OF PURCHASE
                OPTION

            

    

     

    
      	 	
              1.1

            	
              Grant:
                Party B and Party C hereby grant Party A an irrevocable exclusive
                purchase
                option. Party A has right to purchase all or part of the shares of
                Party C
                currently owned by Party B (the “Object Shares”), or increase the
                investment until Party A holds 49% shares (when laws, regulations
                or
                policies of P.R.C. permitted, the investment would be increased up
                to
                100%) of Party C (the “Increasing Investment”). This purchase option is
                irrevocable and shall be exercised only by Party A (or the qualified
                persons appointed by Party A). The term “person” used herein shall include
                any entity, corporation, partnership, joint venture and non-corporate
                organizations.

            

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	 	
              1.2

            	
              Exercise
                Procedures:

            

    

    
      	 	
              1.2.1

            	
              Party
                A shall notify Parties B, C in writing prior to exercising its option
                (the
                “Option Notice” hereinafter).

            

    

    
      	 	
              1.2.2

            	
              The
                next day upon receipt of the Option Notice, Parties B, C together
                with
                party A (or the qualified person appointed by Party A), shall promptly
                compile a whole set of documents (the “Transfer Documents”) to be
                submitted to the government bodies for approving the object shares
                transfer or increasing investment in connection with the Option exercise
                so that the shares or assets transfer can be transferred or investment
                can
                be increased, in whole or in part.

            

    

    
      	 	
              1.2.3

            	
              Upon
                the completion of the compilation of all the Transfer Documents and
                the
                Transfer Documents being confirmed by Party A, Parties B, C shall
                promptly
                and unconditionally obtain, together with Party A (or the qualified
                person
                appointed by Party A), all approvals, permissions, registrations,
                documents and other necessary approvals to effectuate the transfer
                of the
                object shares or increasing investment in connection with the Option
                exercise. 

            

    

    
      	 	
              1.3

            	
              Exercise
                Condition: Party A could exercise the optional purchase right to
                purchase
                object shares or increase investment, at any time when Party A considers
                it is necessary and feasible.

            

    

    
      	 	 

      	
              2、

            	
              Price
                of Option

            

    

    

      Party
      A
      shall purchase the object shares or increase investment at a price agreed by
      all
      parties. When laws, regulations or policies of P.R.C. require these assets
      to be
      appraised, the purchase or increasing investment price shall be the appraisal
      price. Any consideration obtained by Party B and Party C
      shall be
      1) returned to Party A for operation in accordance with the Entrusted Agreement,
      or 2) paid back to Party A in any other ways as agreed by whole parties. Party
      B, C shall execute any related agreements or letters of undertaking that is
      necessary to pay back such consideration. Party A has the discretion to decide
      the time and arrangement of the acquisition, provided that the acquisition
      will
      not violate any laws or regulations then in effect.

    

    
      	
              3.

            	
              REPRESENTATIONS
                AND WARRANTIES

            

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
               

            	
              3.1

            	
              Each
                party hereto represents to the other parties that: 1) it has all
                the
                necessary rights, powers and authorizations to enter into this Agreement
                and perform its duties and obligations hereunder; and 2) the execution
                or
                performance of this Agreement shall not violate any significant contract
                or agreement to which it is a party or by which it or its assets
                are
                bounded.

            

    

    

    
      	
               

            	
              3.2

            	
              Party
                B hereto represent to Party A that: 1) they are legally registered
                shareholders of party C and have paid Party C the full amount of
                their
                respective portions of Party C's registered capital required under
                the
                P.R.C. laws; 2) Party B have not mortgaged or pledged their shares
                of
                Party C, nor have granted any security interest or borrow against
                their
                shares of Party C in any form except <Shares Pledge Agreement>; and
                3) Party B have not sold or will sell to any third party their equity
                interests in Party C.

            

    

    

    
      	
               

            	
              3.3

            	
              Party
                C hereto represents to Party A that: 1) it is a limited liability
                company
                duly registered and validly existing under the P.R.C laws; and 2)
                its
                business operations are in compliance with applicable laws of the
                P.R.C.
                in all material aspects.

            

    

    

    
      	
              4.

            	
              COVENANTS

            

    

    

    The
      Parties further agree as follows:

    

    
      	
               

            	
              4.1

            	
              Before
                Party A has acquired all the equity/assets of Party C or increased
                investment by exercising the purchase option provided hereunder,
                Party C
                shall not:

            

    

    

    
      	
               

            	
              4.1.1

            	
              sell,
                assign, mortgage or otherwise dispose of, or create any encumbrance
                on,
                any of its assets, operations or any legal or beneficiary interests
                with
                respect to its revenues (unless such sale, assignment, mortgage,
                disposal
                or encumbrance is relating to its daily operation or has been disclosed
                to
                and agreed upon by Party A in
                writing);

            

    

    

    
      	
               

            	
              4.1.2

            	
              enter
                into any transaction which may materially affect its assets, liability,
                operation, shareholders’ equity or other legal rights (unless such
                transaction is relating to its daily operation or has been disclosed
                to
                and agreed upon by Party A in writing);
                and

            

    

    

    
      	
               

            	
              4.1.3

            	
              distribute
                any dividend to Party B in any
                manner.

            

    

    

    
      	
               

            	
              4.2

            	
              Before
                Party A has acquired all the equity/assets of Party C or increased
                investment by exercising the purchase option provided hereunder,
                Party B
                shall not individually or
                collectively:

            

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
               

            	
              4.2.1

            	
              supplement,
                alter or amend the articles of association of Party C in any manner
                to the
                extent that such supplement, alteration or amendment may have a material
                effect on Party C's assets, liability, operation, shareholders’ equity or
                other legal rights;

            

    

    

    
      	
               

            	
              4.2.2

            	
              cause
                Party C to enter into any transaction to the extent such transaction
                may
                have a material effect on Party C's assets, liability, operation,
                shareholders’ equity or other legal rights (unless such transaction is
                relating to Party C's daily operation or has been disclosed to and
                agreed
                upon by Party A in writing); and

            
	 	 	 
	
               

            	
              4.3

            	
              Party
                B shall entrust Party C to Party A for management in accordance with
                Management Entrustment Agreement dated April 17, 2008.
                

            

    

    

    

    
      	
               5.

            	
              ASSIGNMENT
                OF AGREEMENT

            

    

     

    
      	
               

            	
              5.1

            	
              Each
                of Party B and Party C shall not transfer their rights and obligations
                under this Agreement to any third party without the prior written
                consent
                of the Party A. 

            

    

     

    
      	
               

            	
              5.2

            	
              Each
                of Party B and Party C hereby agrees that Party A shall have the
                right to
                transfer all of its rights and obligation under this Agreement to
                any
                third party whenever it desires. Any such transfer shall only be
                subject
                to a written notice sent to Party B and Party C by Party A, and no
                any
                further consent from Party B and Party C will be required.
                

            

    

     

    
      	
              6.

            	
              CONFIDENTIALITY

            

    

     

    The
      Parties acknowledge and confirm that any oral or written materials exchanged
      by
      the Parties in connection with this Agreement are confidential. The Parties
      shall maintain the secrecy and confidentiality of all such materials. Without
      the written approval by the other Parties, any Party shall not disclose to
      any
      third party any relevant materials, but the following circumstances shall be
      excluded: 

     

    
      	
               

            	
              a.

            	
              The
                materials are known or will be known by the public (except for any
                materials disclosed to the public by the Party who receives such
                materials); 

            

    

     

    
      	
               

            	
              b.

            	
              The
                materials are required to be disclosed under the applicable laws
                or the
                rules or provisions of stock exchange; or

            

    

     

    
      	
               

            	
              c.

            	
              The
                materials disclosed by each Party to its legal or financial consultant
                relate to the transaction contemplated under this Agreement, and
                such
                legal or financial consultant shall comply with the confidentiality
                set
                forth in this Section. The disclosure of the confidential materials
                by an
                employee of any Party shall be deemed disclosure of such materials
                by such
                Party, and such Party shall be liable for breaching the contract.
                This
                Article 6 shall survive this Agreement even if this Agreement is
                invalid,
                amended, revoked, terminated or unenforceable by any reason.
                

            

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
              7.

            	
              BREACH
                OF CONTRACT

            

    

    

    
      	
               

            	 	
              Any
                violation of any provision hereof, any incomplete or mistaken performance
                of any obligation provided hereunder, any misrepresentation made
                hereunder, any material nondisclosure or omission of any material
                fact, or
                any failure to perform any covenants provided hereunder by any Party
                shall
                constitute a breach of this Agreement. The breaching Party shall
                be liable
                for any such breach pursuant to the applicable
                laws.

            

    

    

    
      	
              8.

            	
              APPLICABLE
                LAW AND DISPUTE RESOLUTION

            

    

     

    
      	
               

            	
              8.1

            	
              Applicable
                Law 

            

    

     

    The
      execution, validity, interpretation and performance of this Agreement and the
      disputes resolution under this Agreement shall be governed by the laws of
      P.R.C.

     

    
      	
               

            	
              8.2

            	
              Dispute
                Resolution 

            

    

     

    The
      parties shall strive to settle any dispute arising from the interpretation
      or
      performance of this Agreement through friendly consultation. In case no
      settlement can be reached through consultation within thirty (30) days after
      such dispute is raised, each party can submit such matter to China International
      Economic and Trade Arbitration Commission (the “CIETAC”) in accordance with its
      rules. The arbitration shall take place in Beijing. The arbitration award shall
      be final, conclusive and binding upon both parties. 

     

    
      	
              9.

            	
              EFFECTIVENESS
                AND TERMINATION

            

    

     

    
      	
               

            	
              9.1

            	
              This
                Agreement shall be effective upon the execution hereof by all Parties
                hereto and shall remain effective
                thereafter.

            

    

     

    
      	
               

            	
              9.2

            	
              This
                Agreement may not be terminated without the unanimous consent of
                all the
                Parties except that Party A may, by giving a thirty (30) days prior
                notice
                to the other Parties hereto, terminate this
                Agreement.

            

    

     

    
      	
              10.

            	
              MISCELLANEOUS

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
               

            	
              10.1

            	
              Amendment,
                Modification and Supplement 

            

    

     

    Any
      amendment and supplement to this Agreement shall be made by the Parties in
      writing. The amendment and supplement duly executed by each Party shall be
      deemed an integral part of this Agreement and shall have the same legal effect
      as this Agreement. 

     

    
      	
               

            	
              10.2

            	
              Entire
                Agreement 

            

    

     

    The
      Parties acknowledge that this Agreement constitutes the entire agreement of
      the
      Parties with respect to the subject matters therein and supersedes and replaces
      all prior or contemporaneous agreements and understandings in oral or written
      form. 

     

    
      	
               

            	
              10.3

            	
              Severability
                

            

    

     

    If
      any
      provision of this Agreement is adjudicated to be invalid or non-enforceable
      according to relevant laws of the P.R.C., such a provision shall be deemed
      invalid only to the extent the P.R.C. laws are applicable in China, and the
      validity, legality and enforceability of the other provisions hereof shall
      not
      be affected or impaired in any way. The Parties shall, through consultation
      based on the principal of fairness, replace such invalid, illegal or
      non-enforceable provision with a valid provision so that any substituted
      provision may bring the similar economic effects as those intended by the
      invalid, illegal or non-enforceable provision.

     

    
      	
               

            	
              10.4

            	
              Headings
                

            

    

     

    The
      headings contained in this Agreement are for the convenience of reference only
      and shall not in any other way affect the interpretation, explanation or the
      meaning of the provisions of this Agreement. 

     

    
      	
               

            	
              10.5

            	
              Language
                and Copies 

            

    

     

    This
      Agreement is executed in Chinese and English in five (5) copies; each of Party
      A
      and Party C holds one copy of each language, everyone of Zhao Min, Zheng Minyan
      and Jiangle Jianlong Mineral Industry Co., Ltd. holds one copy of each language,
      and each original copy has the same legal effect. In the event of any conflict
      between the two versions, the Chinese version shall prevail.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
      	
               

            	
              10.6

            	
              Successor
                

            

    

     

    This
      Agreement shall bind and benefit the successor or the transferee of each Party.
      

     

     

    IN
      WITNESS THEREFORE,
      the
      parties hereof have caused this Agreement to be executed by their duly
      authorized representatives as of the date first written above. 

    

    [NO
      CONTEXT BELOW, SIGNATURE PAGE ONLY]

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    [SIGNATURE
      PAGE]

    

    

    PARTY
      A: Green
      Planet Bioengineering Co., Ltd. (Seal)

    
      	
              Authorized Representative(Signature):

            

    

    

    
      	
              PARTY
                B: ___________________(Signature)
                ____________________(Signature)

              Zhao
                Min                                          Zheng
                Minyan

               

              Jiangle
                Jianlong Mineral Industry Co., Ltd. (Seal)

               

               

              Legal
                Representative
                (Signature):

            
	
               

              PARTY
                C: Sanming Huajian Bio-Engineering Co., Ltd. (Seal)

               

              Legal
                Representative (Signature):Shares
      Pledge Agreement 

    

    This
      Agreement was signed by both parties in Fuzhou, Fujian Province, P.R.C. on
      July
      25, 2008. 

    

    Pledger
      (hereinafter referred to as Party A) : 

    Zhao
      Min, A
      citizen
      of P.R.C., 

    And
      the
      Identity Card Number: 350111196808040358

    Zheng
      Minyan, A
      citizen
      of P.R.C., 

    And
      the
      Identity Card Number: 350402801017202

    Jiangle
      Jianlong Mineral Industry Co., Ltd., 

    And
      the
      Business License Number: Qi He Ming Zong Fu Zi No.000264

    

    Pledgee
      (hereinafter referred to as Party B) : 

    Green
      Planet Bioengineering Co., Ltd.

    Registered
      Address:

    #666
      of
      Mingdu Mansion, #126, Gong Ye Nan Road, Sanming City

    

    Whereas:
      

    

    1.
      Since
      the date when this agreement is signed, the members of Party A are the only
      shareholders of Sanming Huajian Bio-Engineering Co., Ltd. (The “Sanming
      Huajian”), and hold all of the equity of Sanming Huajian.

    

    2.
      Party
      B is a wholly foreign-owned company established under the laws of P.R.C., and
      registered at Administration of Industry and Commerce Bureau of Sanming, with
      the legally valid business license number 350400400003046;

    

    3.
      Sanming Huajian is an
      enterprise registered in Sanming City, Fujian Province, and legally existing
      to
      date. The number of its business license is 350400100007408.

    

    4.
      Sanming Huajian and Party B have signed the Entrusted Management Agreement
      dated July
      25,
      2008 and
      Exclusive Option Agreement dated July 25, 2008.
      The
      management of Sanming Huajian is entrusted to Party B. In order to protect
      the
      interests of Party B, Party A agree to pledge 100% of the shares of Sanming
      Huajian they owned to Party B.

    

    5.
      Party
      B accepts the pledge of Sanming Huajian’s 100% shares by Party A. 

    

    Therefore,
      in
      accordance with applicable laws and regulations of the People’s Republic of
      China, the Parties hereto reach the Agreement through friendly negotiation
      in
      the principle of equality and mutual benefit and abide by. 

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Article
      1 Guaranteed Obligations 

    

    The
      shares are being pledged to guarantee all of the rights and interests Party
      B is
      entitled to under all related agreements by and between both parties.

    

    Article
      2 Pledged Properties 

    

    The
      pledged properties are 100% of the shares of Sanming Huajian that are currently
      held by Party A and the proceeds thereof. 

    

    Article
      3 Scope of Guaranteed Obligations

    

    The
      scope
      of the guaranteed obligations is all rights and interests Party B is entitled
      to
      in accordance with all the agreements signed by and between both
      parties.

    

    Article
      4 Pledge Procedure and Registration 

    

    Party
      A
      shall, within 10 days after the date of this Agreement, process the registration
      procedures with Sanming Administration of Industry and Commerce concerning
      the
      pledged shares. 

    

    Article
      5 Transfer of Pledged Shares 

    

    Party
      A
      shall not transfer any of the pledged shares without the permission of Party
      B
      during the term of this agreement. 

    

    Article
      6 Effectiveness, Modification and Termination 

    

    6.1
      This
      Agreement shall go into effect when it is signed by Party A and the authorized
      representatives of the Parties with seals affixed; 

    

    6.2
      Upon
      the effectiveness of this Agreement and unless otherwise agreed upon by the
      parties hereto, neither party may modify or terminate this Agreement. Any
      modification or termination shall be in writing after both parties’
consultations. The provisions of this Agreement remain binding on both parties
      prior to any written agreement on modification or termination. 

    

    Article
      7 Governing Law 

    

    The
      execution, validity, interpretation and performance of this Agreement and the
      disputes resolution under this Agreement shall be governed by the laws of
      P.R.C.

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Article
      8 Liability for Breach of Agreement

    

    Upon
      the
      effectiveness of this Agreement, the Parties hereto shall perform their
      respective obligations under the Agreement. Any failure to perform the
      obligations stipulated in the Agreement, in part or in whole, shall be deemed
      breach of contract and
      the
      breaching party shall compensate the non-breaching party for the loss incurred
      as a result of the breach.

    

    Article
      9 Settlement of Dispute

    

    The
      parties shall strive to settle any dispute arising from the interpretation
      or
      performance of this Agreement through friendly consultation. In case no
      settlement can be reached through consultation within thirty (30) days after
      such dispute is raised, each party can submit such matter to China International
      Economic and Trade Arbitration Commission (the “CIETAC”) in accordance with its
      rules. The arbitration shall take place in Beijing. The arbitration award shall
      be final, conclusive and binding upon both parties.

    

    Article
      10 Severability

     

    10.1
      Any
      provision of this Agreement that is invalid or unenforceable due to the laws
      and
      regulations shall be ineffective without affecting in any way the remaining
      provisions hereof.

    

    10.2
      In
      the event of the foregoing paragraph, the parties hereto shall prepare
      supplemental agreement as soon as possible to replace the invalid provision
      through friendly consultation.

    

    Article
      11 Miscellaneous

    

    11.1
      The
      headings contained in this Agreement are for the convenience of reference only
      and shall not in any other way affect the interpretation of the provisions
      of
      this Agreement.

    

    11.2
      The
      Agreement shall be executed in six (6) copies, both in Chinese and English.
      Everyone of Party A holds one Chinese and one English original, Party B holds
      one Chinese and one English original, and the remaining shall be kept for
      completing relevant procedures. Each copy shall have equal legal force. In
      the
      event of any conflict between the two versions, the Chinese version shall
      prevail. 

    

    11.3
      In
      witness hereof, the Parties hereto have executed this Agreement on the date
      described in the first page.

    

    [No
      Text
      Below, Signature Page Only] 

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    [Signature
      Page] 

    

    

    Party
      A: ___________________(Signature)
      ____________________(Signature)

    Zhao
      Min                                   Zheng
      Minyan

     

    Jiangle
      Jianlong Mineral Industry Co., Ltd. (Seal)

    

    

     

    Legal
      Representative
      (Signature):

     

    Party
      B: Green
      Planet Bioengineering Co., Ltd. (Seal)

    

    

    

    Authorized
      representative (signature):

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