Document:

Unassociated Document

     

    
      Exhibit
10.2

      

      Service
Agreement

      

      This
service agreement (the “Service
Agreement”) is entered into on July 14, 2010 by the following parties in
Weifang, Shandong province of China:

      

      
        	
                (1)  

              	
                Sellers: Haicheng
      Songsen Farming Feed Co., Ltd. (hereinafter referred to as “Songsen”), a company
      incorporated under the PRC law, with its legal address registered at
      Yuanjia Village, Gengzhuang Town, Haicheng City. Its legal representative
      is Sen Jiang and its controlling shareholder is Zhao Lin Jiang
      (hereinafter referred to as the “Controlling
      Shareholder”) and

              

      

      

      
        	
                (2)  

              	
                Purchaser: Weifang Yuhe
      Poultry Co., Ltd. (hereinafter referred to as the “Purchaser”), a company
      incorporated under the PRC law, with its legal address registered at North
      of Bonan Road and West of Suncun Shengchan Road, Nansun Village, Hanting
      District  and its legal representative is Chengxiang Han
      .

              

      

      

      Songsen
and Controlling Shareholder are hereinafter collectively referred to as “Sellers”, and Sellers and
Purchaser are hereinafter collectively as “Parties” and individually
referred to as a “Party”.

      

      Whereas,

      

      
        	
                (1)  

              	
                Sellers
      and the Purchaser have entered into an asset purchase contract
      (hereinafter referred to as the “Asset Purchase
      Contract”) on July 14, 2010;
and

              

      

      

      
        	
                (2)  

              	
                Yuhe
      International, Inc. (“Yuhe”), a company with
      its securities listing on National Association of Securities Dealers
      Automated Quotations (“NASDAQ”), indirectly
      holds 100% equity interests of the Purchaser;
  and

              

      

      

      
        	
                (3)  

              	
                The
      Controlling Shareholder holds 100% equity interests of Songsen and agrees
      to provide all services related to the Closing of assets transfer to the
      Purchaser.

              

      

      

      Therefore,
the Sellers and the Purchaser have reached the following clauses:

      

      
        	
                1.  

              	
                In
      consideration of the closing services provided by the Controlling
      Shareholder to the Purchaser, including but not limited to the delivery of
      the original ownership materials, use right documents, technical documents
      and specifications of the Transferred Assets, and the active assistance in
      obtaining lawful ownership or use right of Transferred Assets, certain
      amount of restricted shares (i.e. shares bearing the restricted legend in
      accordance with relevant securities regulations of the United States) of
      Yuhe valued at RMB20.04 million will be issued to the Controlling
      Shareholder:

              

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      Shares to
be issued to the Controlling Shareholder (“Shares”) equals to the amount
of Shares valued at RMB20.04 million

      

      The day
of Shares issuance: calculated in accordance with the middle price of US Dollar
against RMB; and USD10 per share of Yuhe

      

      
        	
                2.  

              	
                All
      the Shares will be issued to the Controlling Shareholder as of the Closing
      Date (as defined in the Asset Transfer Contract). However, 30% of the
      Shares (“Escrowed
      Shares”) shall be mutually escrowed by Yuhe and the Purchaser, and
      shall be delivered to the Controlling Shareholder when the Sellers meet
      all pre-requisite conditions set forth in Pre-requisite Conditions Two of
      Appendix II
      attached to the Asset Purchase
Contract.

              

      

      

      
        	
                3.  

              	
                The
      Sellers and the Purchaser agree to change the clause 11.14 under the Asset
      Purchase Contract to: The Purchaser is entitled to directly deduct the
      direct and indirect losses suffered by the Purchaser from the guarantee
      money in case of any infringement of any representations and warranties
      stated hereinabove by Sellers or in case that Sellers fails to meet any or
      all pre-requisite conditions set forth in Conditions Two of Appendix II
      attached hereto; provided that if the guarantee money can not make up for
      the losses suffered by the Purchaser, the Purchaser shall be entitled to
      compensation by Shares issued to the Controlling
    Shareholder.

              

      

      

      
        	
                4.  

              	
                The
      Controlling Shareholder hereby represent, warrant and covenant
      that:

              

      

      

      
        	
                a)  

              	
                The
      disposal of restricted shares of Yuhe shall comply with federal
      and state laws.  Sellers may engage American lawyers to issue an
      opinion of counsel according to Rule 144 under the Securities Act of
      1933 to remove the restricted legend of the restricted shares after the
      Sellers have held the Shares for six
  months.

              

      

       

      
        	
                b)  

              	
                The
      certificates of restricted shares that Controlling
      Shareholder receives will bear the
  legend.

              

      

       

      
        	
                c)  

              	
                The
      net properties of the Controlling Shareholder or the mutual net properties
      of the Controlling Shareholder and his wife shall exceed USD1 million when
      the Purchaser issues the shares of Yuhe to the Controlling
      Shareholder.

              

      

       

      
        	
                d)  

              	
                The
      Controlling Shareholder hereby confirms that the Shares to be received by
      the Controlling Shareholder will be acquired for investment for such
      Controlling Shareholder’s own account, and not with a view to the sale or
      the resale. Such Controlling Shareholder has such knowledge and
      experience in financial and business matter that it is capable of
      evaluating the merits and risks of the investment and acknowledges
      that it can bear the high economic risk of its
      investment.

              

      

       

      
        
           

        

        
           

          
            

          

        

        
           

        

      

       

      
        	
                e)  

              	
                The
      Controlling Shareholder hereby confirms that he acquires the restricted
      shares not for the account of papers, magazines or similar mediums or any
      meetings and mass advertising.

              

      

       

      
        	
                5.  

              	
                This
      Service Agreement shall be an integral part of the Asset Purchase Contact
      and shall have the same legal effect as the Asset Purchase Contact. The
      Asset Purchase Contact and this Service Agreement are both legally binding
      on the Parties hereto. In case of any discrepancy between this Service
      Agreement and the Asset Purchase Contract, this Service Agreement shall
      prevail. Any amendment and supplement to Service Agreement and/or Asset
      Purchase Contact shall achieve the mutual consent of Parties
      hereto.

              

      

      

      
        	
                6.  

              	
                This
      Service Agreement shall be effective after it is duly executed and (or)
      sealed by each Party hereto. The conclusion, validity, interpretation,
      performance and controversy of this Service Agreement shall be governed by
      the Law of New York State, United States. Any provision of this Service
      Agreement that is invalid or unenforceable due to the laws and regulations
      shall be ineffective without affecting in any way the remaining provisions
      hereof.

              

      

      

      
        	
                7.  

              	
                This
      Service Agreement is written in Chinese, which will be executed in (4)
      sets of original. Each Party hereto shall each hold one (1) set of
      original.

              

      

      

      

      
        (This
page is intentionally left blank) 

        
          

        

         

        
          
             

          

          
             

            
              

            

          

          
             

          

           

        

      

      The
parties hereto have caused this Service Agreement to be executed by the
following Parties as of the date first above written.

      

      

      Sellers:
Haicheng Songsen Farming Feed Co., Ltd.

      

      (Seal)

      

      

      Authorized
Representative(Signature):_________

      

      

      

      Controlling
Shareholder (Zhao Lin Jiang)

      

      ID
Number:

      Signature:_________

      

      

      

      Purchaser: Weifang Yuhe Poultry Co.,
Ltd.

      

      (Seal)

      

      

      Authorized
Representative(Signature):_________

      

      

      Yuhe
International, Inc. hereby confirms that it acknowledges the responsibilities it
shall be bearing in this Service Agreement.

      

      Chairman
or CEO (Signature): ____________________AMENDMENT TO EMPLOYMENT
AGREEMENT

       

      THIS
AMENDMENT TO EMPLOYMENT AGREEMENT ("Amendment") is made
and entered into this 15th day of
April, 2010, by and between BIOANALYTICAL SYSTEMS, INC., an Indiana corporation
(the "Company"), and
Michael R. Cox ("Employee").

       

      Preliminary
Statements:

       

      A.           Employee
is employed as the Chief Financial Officer of the Company pursuant to an
Employment Agreement entered into November 6, 2007 (the
"Agreement").

       

      B           The
Company and the Employee wish to memorialize and acknowledge their mutual
interpretation of certain provisions of the Agreement.

       

      C.           In
addition, for the purposes of facilitating potential future Company actions,
including possible financing activities, the Company and Employee have mutually
agreed to amend certain terms and conditions of the Agreement.  These
amended terms and conditions are set forth below and supersede all terms and
conditions in the Agreement to the contrary.

       

      Agreement:

       

      In
consideration of the promises and mutual covenants and agreements contained
herein, the parties hereby agree to amend the Agreement as follows:

       

      1.           Certain Defined
Terms.  Capitalized terms which are used herein without
definition and that are defined in the Agreement shall have the same meanings
herein as in the Agreement.

       

      2.           Amendments to
Agreement.  The Agreement is amended as follows:

       

      2.1           Addendum
A to the Agreement is hereby deleted in its entirety and replaced with Addendum
A attached hereto.

      

      2.2           Section
1.1 of the Agreement is amended to read in its entirety as follows:

      

      “Section 1.1. Term.  The
Company hereby agrees to employ the Employee, and the Employee hereby accepts
employment with the Company, on the terms and conditions set forth in this
Agreement until December 30, 2011 (the “Initial Term”).  The Initial
Term shall be extended for successive one year periods (the “Additional Terms,”
and together with Initial Term, the “Employment Period”)), except that if either
Employee or Company gives the other party written notice at least ninety days
(90) before the end of the Initial Term, then this Agreement shall expire at the
end of its then current term. The Employee shall take absences at such time as
shall be approved by the Chief Executive Officer.

      

      2.3           Sections
5.1 and 5.2 of the Agreement are amended to read in their entirety as
follow:

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       “Section 5.1. Involuntary
Termination/Change in Control.  In the case of involuntary
termination of the Employee by the Company within one (1) year after a Change in
Control of the Company (which shall include any termination as to which notice
is given by the Company within such one (1) year period, notwithstanding the
effective date of termination) the Employee will be paid compensation in
terminal pay and participation in benefits, savings and retirement plans as set
forth in Section 5.3, 5.4 and 5.5 of this Agreement.”

      

      Section 5.2. Voluntary Termination/Change
in Control.  In the case of voluntary termination by the
Employee within one (1) year after a Change in Control of the Company (which
shall include any termination as to which notice is given by the Employee within
such one (1) year period, so long as the effective date of such termination is
no later than ninety (90) days after the end of such one (1) year period), the
Employee will be paid compensation in terminal pay and participation in
benefits, savings and retirement plans as set forth in Section 5.3, 5.4 and 5.5
of this Agreement.

      

      2.4           The
Agreement is amended by adding new Section 5.6, which will read in its entirety
as follows:

      

      “Section
5.6.  Interaction with Article IV
of this Agreement.  To the extent any of the provisions of this
Article V are in conflict with the provisions of Article IV of this Agreement
(e.g., as to terminal pay due upon involuntary termination), in circumstances in
which this Article V applies, the terms of Article V shall control and shall
supersede and replace any varying provisions set forth in Article IV; provided,
however, that nothing in this Section 5.6 shall be deemed to limit or eliminate
any rights of the Employee or the Company under any provision of Article IV not
so superseded and replaced.”

      

      3.           Change of
Control.  Employee hereby acknowledges and agrees that, as of
the date of this Amendment, no Change in Control has occurred or shall be deemed
to have occurred, including by reason of the filing prior to the date of this
Amendment of any Schedule 13D or amendment to any Schedule 13D by a holder of or
group holding more than 20% of the outstanding shares of the Company, and
Employee will not assert any claim that any Change of Control has occurred prior
to the date of this Amendment.

      

      4.           No Other
Amendments.  Except to the extent specifically superseded
above, all other terms and conditions of the Agreement shall remain in effect
and shall be unaffected by this Amendment.

       

      5.           Miscellaneous.  This
Amendment shall be governed by the laws of the State of Indiana, without regard
to conflicts of law principles.  This Amendment may be executed in
multiple counterparts, each of which shall constitute an original and all of
which together shall constitute one and the same instrument.

       

      IN
WITNESS WHEREOF, the Company and the Employee have executed, or caused to be
executed, this Amendment as of the day and year first written
above.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      
        
          
            
              
                
                  
                    	
                            "COMPANY"

                          	 	
                            "EMPLOYEE"

                          
	 
      	 	 
      
	
                            Bioanalytical
      Systems, Inc.

                          	 	 
      
	 
      	 	 
      
	
                            By:

                          	 
      	 	 
      
	 
      	
                            Anthony
      Chilton

                          	 	      
                            Michael
      R. Cox

                          
	 
      	
                            President
      and COO

                          	 	   
      

                  

                

              

            

          

        

         

        
          
            
            

          

          
            
            

            
              

            

          

          
            
            

          

        

      

       

      ADDENDUM
A

      Definition
of Change in Control

      

      A "Change
in Control" shall mean the occurrence of any of the following
events:

       

      
        	
                 
      

              	
                1.

              	
                Approval
      by shareholders of the Company of (a) any consolidation or merger of the
      Company in which the Company is not the continuing or surviving
      corporation or pursuant to which shares of stock of the Company would be
      converted into cash, securities or other property, other than a
      consolidation or merger of the Company in which holders of its common
      shares immediately prior to the consolidation or merger have substantially
      the same proportionate ownership of voting common stock of the surviving
      corporation immediately after the consolidation or merger as immediately
      before, or (b) a sale, lease, exchange or other transfer (in one
      transaction or a series of related transactions) of all or substantially
      all the assets of the Company.

              

      

       

      
        	
                 
      

              	
                2.

              	
                A
      change in the majority of members of the Board of Directors of the Company
      within a twenty-four (24) month period unless the election, or nomination
      for election by the Company shareholders, of each new director was
      approved by a vote of two-thirds (2/3) of the directors then still in
      office who were in office at the beginning of the twenty-four (24) month
      period.

              

      

       

      
        	
                 
      

              	
                3.

              	
                The
      Company combines with another company and is the surviving corporation
      but, immediately after the combination, the shareholders of the Company
      immediately prior to the combination do not hold, directly or indirectly,
      more than fifty percent (50%) of the share of voting common stock of the
      combined company (there being excluded from the number of shares held by
      such shareholders, but not from the shares of voting common stock of the
      combined company, any shares received by affiliates (as defined in the
      rules of the SEC) of such other company in exchange for stock of such
      other company).

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