Document:

exv4w3

 

Exhibit No. 4.3

SUBSCRIPTION AGREEMENT

Ocean West Holding, Inc.

15991 Redhill Avenue

Suite 110

Tustin, California 92780

Gentlemen:

          1. Subscription. The undersigned subscriber (the “Purchaser”) hereby
subscribes for and agrees to purchase One Million Five Hundred Thousand
(1,500,000) shares of senior preferred stock (the “Shares”) of Ocean West
Holdings, Inc., a Delaware corporation (the “Company”) for an aggregate
purchase price of One Million Five Hundred Thousand Dollars ($1,500,000.00)
(the “Subscription Price”).

          2. Payment. The Purchaser hereby tenders the full amount of the
Subscription Price by delivery of a check payable to Ocean West Holding, Inc.
or by wire transfer to the Company’s designated account.

          3. Representations, Warranties and Covenants of Purchaser. The Purchaser
hereby acknowledges, represents and warrants to and agrees with the Company
that:

          (a) The Shares are not registered under the Securities Act of 1933 (the
“Securities Act”) or any state securities laws. The Subscriber understands
that the offering and sale of such Shares is intended to be exempt from
registration under the Securities Act by virtue of Section 4(2) of the
Securities Act and the provisions of Rule 506 of Regulation D promulgated
thereunder, based, in part, upon the representations, warranties and agreements
contained in this Subscription Agreement.

          (b) The Purchaser has received and reviewed all information the Purchaser
considers necessary or appropriate for deciding whether to purchase the Shares.
The Purchaser further represents that the Purchaser has had an opportunity to
ask questions and receive answers from the Company and its officers and
employees regarding the terms and conditions of purchase of the Shares and
regarding the business, financial affairs and other aspects of the Company and
has further had the opportunity to obtain any information (to the extent the
Company possesses or can acquire such information without unreasonable effort
or expense) which the Purchaser deems necessary to evaluate the investment and
to verify the accuracy of information otherwise provided to the Purchaser.

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          (c) The Purchaser has such business or financial experience as to be
capable of evaluating the merits and risks of an investment in the Shares and
protecting the Purchaser’s own interests in connection with this investment.

          (d) Since the offer and sale of the Shares have not been registered under
the Securities Act in reliance upon Section 4(2) of the Securities Act and Rule
506 of Regulation D promulgated thereunder, the Purchaser will offer or resell
the Shares only in compliance with the provisions of all applicable Federal and
state securities laws and regulations. The Purchaser will offer or resell such
Shares only if such Shares are registered under the Securities Act or an
exemption from such registration is available. Unless the Shares that are the
subject of such offer or sale are registered under the Securities Act or an
exemption from registration is available (in which latter case the Company
shall have received an opinion of counsel, in form and substance reasonably
satisfactory to the Company, to such effect), the Company shall not permit the
transfer of the Shares.

     The Purchaser understands and agrees that the Company may take such
reasonable steps as it deems appropriate to ensure compliance with the offer,
resale and other restrictions on transfer contained in this Subscription
Agreement (the “Agreement”) and in Regulation D, including instituting “stop
transfer” instructions with respect to the Shares and endorsing restrictive
legends on certificates representing such Shares. A legend substantially
similar to the one set forth below shall be placed on the certificates
representing the Shares:

“THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT
BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933 (THE
“ACT”). THE SHARES HAVE BEEN ACQUIRED FOR INVESTMENT
AND MAY NOT BE SOLD, TRANSFERRED OR ASSIGNED IN THE
ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR
THESE SHARES UNDER THE ACT OR AN OPINION OF COUNSEL
SATISFACTORY TO THE COMPANY THAT REGISTRATION IS NOT
REQUIRED UNDER THE ACT”.

          (e) The Purchaser understands that the Shares are “restricted securities”
under the Federal securities laws in that such Shares will be acquired from the
Company in a transaction not involving a public offering, and that under such
laws and applicable regulations such Shares may be resold without registration
under the Act only in certain limited circumstances and that otherwise such
Shares must be held indefinitely. In this connection, the Purchaser represents
that the Purchaser understands the resale limitations imposed by the Securities
Act and is familiar with SEC Rule 144, as presently in effect, and the
conditions which must be met in order for that Rule to be available for resale
of “restricted securities,” including the requirement that the Shares must be
held for at least one year after purchase thereof from the Company prior to
resale (two years in the absence of publicly available information about the
Company) and the condition that there be available to the public current
information about the Company under certain circumstances.

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          (f) Without in any way limiting the representations set forth above, the
Purchaser further agrees not to make any disposition of all or any portion of
the Shares purchased hereunder unless and until:

               (i) There is then in effect a registration statement under the Securities
Act covering such proposed disposition and such disposition is made in
accordance with such registration statement and any applicable requirements of
state securities laws; or

               (ii) The Purchaser shall have notified the Company of the proposed
disposition and shall have furnished the Company with a detailed statement of
the circumstances surrounding the proposed disposition, and if reasonably
requested by the Company the Purchaser shall have furnished the Company with a
written opinion of counsel, reasonably satisfactory to the Company, that such
disposition will not require registration of any securities under the
Securities Act or the consent of or a permit from appropriate authorities under
any applicable state securities law. The Purchaser understands that the
Company will not require opinions of counsel for transactions made pursuant to
SEC Rule 144, provided it is provided with all certificates and other
information it may reasonably request to permit it to determine that the
subject disposition is, in fact, exempt from the registration requirements of
the Securities Act pursuant to SEC Rule 144.

               (iii) In the case of any disposition of any of the Shares pursuant to SEC
Rule 144, in addition to the matters set forth in paragraph 3(f)(ii) above, the
Purchaser shall promptly forward to the Company a copy of any Form 144 filed
with the SEC with respect to such disposition and a letter from the executing
broker satisfactory to the Company evidencing compliance with SEC Rule 144. If
SEC Rule 144 is amended or if the SEC’s interpretations thereof in effect at
the time of any such disposition by the Purchaser have changed from its present
interpretations thereof, the Purchaser shall provide the Company with such
additional documents as it may reasonably require.

          (g) The Purchaser is acquiring the Shares for investment purposes and not
with a view towards the distribution of the Shares. The Purchaser does not
have any agreement, oral or written, with any person to sell, transfer, or
grant participation to such person or any third person with respect to such
Shares, and no other person has a direct or indirect beneficial interest in the
Shares being purchased hereunder.

          (h) The Purchaser has a sufficient net worth to sustain a loss of the
Purchaser’s entire investment in the Shares in the event such a loss should
occur. The Purchaser’s overall commitment to investments which are not readily
marketable is not excessive in view of the Purchaser’s net worth and financial
circumstances and the purchase of the Shares will not cause such commitment to
become excessive.

          (i) The Purchaser is an “accredited investor” as that term is defined in
Rule 501(a) of Regulation D under the Securities Act.

          (j) The execution and delivery of this Agreement and the purchase of the
Shares by the Purchaser pursuant to this Agreement will not violate any statute
or law, or any judgment, decree, order, regulation or rule of any court or
governmental authority by which the Purchaser is

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bound, or any agreement, oral or written, to which the Purchaser is a
party or by which the Purchaser is or may be bound.

          (k) The Purchaser shall fully indemnify, protect, defend, and hold
harmless the Company, and its affiliates, officers, directors, stockholders,
agents, employees, attorneys, successors, and assigns from and against all
claims, actions, causes of action, damages, losses, costs, liabilities, and
expenses (including costs of investigation, defense, and attorneys’ fees)
whatsoever which may result from a breach of the representations, warranties,
agreements and acknowledgments of the Purchaser contained in this Agreement or
from any misrepresentation or omission of a material fact in any other document
delivered in connection with this Agreement.

          (l) If a person is executing this Agreement in a representative or
fiduciary capacity on behalf of the Purchaser, such person has full power and
authority to execute and deliver this Agreement on behalf of the subscribing
corporation, partnership, trust or other entity which is the Purchaser, and
such corporation, partnership, trust or other entity has full right and power
to enter into and perform this Agreement.

          (m) The Purchaser shall promptly notify the Company if any of the
foregoing representations, warranties, covenants or acknowledgments becomes
untrue in any material respect prior to the issuance of the Shares to the
Purchaser.

          4. Survival. The representations and warranties contained in this
Agreement shall remain operative and in full force and effect regardless of any
investigation made by any party hereto, or acceptance of any of the Shares and
payment therefor.

          5. Miscellaneous.

          (a) This Agreement may be amended only by a writing executed by all
parties.

          (b) This Agreement is not transferable or assignable by the Purchaser.

          (c) This Agreement may be executed in several counterparts, each of which
shall be deemed an original but all of which together shall constitute one and
the same instrument.

          (d) This Agreement shall be governed by and construed in accordance with
the laws of the State of Nevada.

          (e) All notices or other communications given or made hereunder shall be
in writing and shall be validly given or made to another party if given by
personal delivery or facsimile or if deposited in the United States mail,
certified or registered, postage prepaid, return receipt requested. If such
notice or other communication is given by personal delivery or facsimile,
delivery shall be conclusively deemed made at the time of receipt. If such
notice or other communication is given by mail, such notice or other
communication shall be conclusively deemed given forty-eight (48) hours after
deposit thereof in the United States mail addressed to the party to whom such
notice or other communication is to be given at their respective address set
forth in this Agreement, which
may be changed from time to time by notice delivered in accordance with
this paragraph.

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     IN WITNESS WHEREOF, the Purchaser has executed this Subscription Agreement
effective as of July 1, 2004.

	 	 	 
	

	 	/s/ Wayne K. Bailey CFO
	

	 	(Signature)
	 
	 	 
	

	 	Wayne K. Bailey CFO,
	

	 	Consumer Direct of America
	

	 	(Printed Name)
	 
	 	 
	

	 	Address:6330 South Sandhill Road
	

	 	Las Vegas, NV 89120

Accepted:

Ocean West Holding Corporation

By:/s/ Marshall L. Stewart

Title: President and CEO

5INFORMATION SERVICE AND COOPERATION
                                    AGREEMENT

                                  by and among

                Shanghai Sifang Information Technology Co. Ltd.,

                                       and

                      Shanghai TCH Data Technology Co. Ltd.

<PAGE>

                  INFORMATION SERVICE AND COOPERATION AGREEMENT

     THIS INFORMATION  SERVICE AND COOPERATION  AGREEMENT ("this  Agreement") is
entered  into on this  1st  day of  June,  2004  by and  among  Shanghai  Sifang
Information  Technology  Co. Ltd.  ("Party A"), a  domestically  funded  company
limited  by  shares,  organized  and  existing  under  the laws of the  People's
Republic of China (the "PRC"), and Shanghai TCH Data Technology Co. Ltd. ("Party
B"), a wholly foreign-owned  enterprise organized and existing under the laws of
the PRC. Each of Party A and Party B shall hereinafter  individually be referred
to as a "Party" and collectively as the "Parties".

WHEREAS:

     (1) Party A engages in such  business  as wireless  telecommunications  and
wireless information business in the PRC (the "Business"), and Party B possesses
expertise  and  resources  on  information  decoding,  formatting,  sorting  and
processing of various types of information (the "information services") involved
in the Business;

     (2) The Parties desire to cooperate so as to take advantage of each other's
strengths; and

     (3) Party A intends to entrust Party B to provide the information services,
and Party B intends to retain  Party A to  provide  transmission  services  (the
"transmission services").

NOW THEREFORE, the Parties hereby agree as follows:

                         ARTICLE 1 SERVICE AND PAYMENT

     1. Information and Cooperation

The Parties hereby agree to the following:

          A. appoint Party B, effective as of the date of this Agreement, as the
     provider of information  service  relating to the Business as agreed by the
     Parties from time to time:

          B. appoint Party A, effective as of the date of this Agreement, as the
     provider of transmission services,  relating to the information reformatted
     and processed by Party B, to paging machine users, as agreed by the Parties
     from time to time;

          C. based on the information  services  provided by Party B, Party B is
     entitled  to  independently  settle  information  services  fees  with  the
     terminal paging machine users.

          D. in consideration for the transmission services provided by Party A,
     Party B shall pay to Party A an annual  fee,  which fee shall be based upon
     the costs associated with the transmission services.

     2. Party B agrees to provide the relevant  information  services  listed in
the Schedules and required by Part A.

                                       2
<PAGE>

     3. Party A agrees to provide the relevant  transmission  services listed in
Schedule B and required by Part B.

     4. Unless otherwise agreed by both Parties in writing,  neither Party shall
retain any third party to provide any of the services  listed in Schedules A and
B hereof

                    ARTICLE 2 TERM, TERMINATION AND SURVIVAL

     1. Term.

This  Agreement   shall  be  effective  upon  execution   hereof  by  authorized
representatives  of the Parties and shall remain  effective  for a period of ten
(10) years,  which will be  automatically  renewed for another one (1) year upon
expiry of each term  unless  Party B notifies  Party A of its  intention  not to
renew  thirty  (30) days before the current  term  expires.  Party A and Party B
shall not terminate this Agreement within the term of this Agreement.

     2. No Further Obligations.

Upon termination of this Agreement,  Party C shall have no further obligation to
render any service hereunder to Party A and Party B.

     3. Survival.

Termination  of this Agreement  shall be without  prejudice to any obligation by
one Party to another Party which shall have accrued prior to such termination.

                     ARTICLE 3 INTELLECTUAL property rights

Party B shall be the sole and exclusive owner of all rights, title and interests
to any and all intellectual property rights arising from the performance of this
Agreement,  including but not limited to, any copyrights,  patents, know-how and
otherwise,  whether  developed  by  Party  A or  Party  B  based  on  Party  B's
intellectual property.

                           ARTICLE 4 confidentiality

Party A  agrees  to use  all  reasonable  means  to  protect  and  maintain  the
confidentiality of Party's B's confidential data and information acknowledged or
received by Party A by accepting the exclusive information services from Party B
(collectively  the  "Confidential  Information").  Party A shall not disclose or
transfer any Confidential Information to any third party without Party B's prior
written  consent.  Upon  termination  or expiration of this  Agreement,  Party A
shall,  at Party  B's  option,  return  all and any  documents,  information  or
software  containing any of such Confidential  Information to Party B or destroy
or delete all of such Confidential  Information from any and all memory devices,
and cease to use the same.  This  Section  shall  survive  after any  amendment,
expiration or termination of this Agreement.

                                       3
<PAGE>

                            ARTICLE 5 MISCELLANEOUS

     1. Entire Agreement.

This Agreement  constitutes  the entire  agreement among the Parties hereto with
respect to the  subject  matter  hereof  and  supersedes  all prior  agreements,
understandings or arrangements, oral or written, between the parties hereto with
respect to the subject matter hereof

     2. Amendment.

No variation of or supplement to this  Agreement  shall be effective  unless the
Parties  have  agreed in writing and have  respectively  obtained  the  required
authorizations and approvals  (including an approval from the board of directors
of the overseas holding company).

     3. Waiver.

Any waiver on the part of any Party hereto of any rights or interests under this
Agreement  shall not constitute the waiver of any other right or interest or any
subsequent  waiver of such right or  interest.  The  failure of any Party at any
time to require  performance of any provision of this Agreement shall not affect
the  right  of such  Party  to  require  full  performance  thereof  at any time
thereafter.

     4. Assignment; Obligations of Transferees.

This  Agreement  shall be binding upon the Parties  hereto and their  respective
successors  and  permitted  transferees  and assigns.  Without the prior written
consent of the other Party  hereto,  neither  Party shall assign or transfer any
rights or obligations that it may have under this Agreement,

     5. Governing Law.

The execution,  interpretation,  performance  and  termination of this Agreement
shall be governed by and construed in accordance with the laws of the PRC.

     6. Notice.

Any  notice,  request  or other  communication  to be given or made  under  this
Agreement shall be in writing.  Any such communication may be delivered by hand,
airmail,  facsimile  or  established  courier  service  to the  Party's  address
specified  below or at such other  address as such Party  notifies  to the other
Party from time to time, and will be effective upon receipt (if a  communication
is delivered by facsimile, the time of the receipt of the facsimile shall be the
time when the sender receives a confirmed transmittal receipt).

For Party A:
Shanghai Sifang Information Technology Co. Ltd.,
Attention:
Fax:

For Party B:
Shanghai TCH Data Technology Co. Ltd.
Attention:
Fax:

                                       4
<PAGE>

     7. Severability.

The  invalidity,  illegality  or  unenforceability  of  any  provision  of  this
Agreement shall not affect the validity, legality or enforceability of any other
provision. This Agreement shall continue in full force and effect except for any
such invalid, illegal or unenforceable provision.

     8. Headings.

The headings  throughout  this  Agreement are for  convenience  only and are not
intended to limit or be used in the  interpretation  of the  provisions  of this
Agreement.

     9. Language and Counterparts.

This  Agreement  shall  be in the  Chinese  language.  This  Agreement  and  any
amendment hereto may be executed by the Parties in separate  counterparts,  each
and all of which shall be original and all of which  together  shall  constitute
one and the same instrument.

     10. Dispute Resolution.

All disputes arising from the execution of, or in connection with this Agreement
shall be settled  through  amicable  consultation  between  the  Parties.  If no
settlement can be reached through  consultation,  the dispute shall be submitted
to the China  International  Economic and Trade Arbitration  Commission  (CIETAC
Shanghai  Commission for arbitration,  in accordance with its arbitration  rules
then in effect. There shall be three arbitrators.  The arbitration shall be held
in Shanghai.  The language of the arbitration shall be in Chinese.  The arbitral
award shall be final and binding on both Parties.  The costs of the  arbitration
shall be borne by the losing  Party,  unless the  arbitration  award  stipulates
otherwise.

     IN WITNESS  WHEREOF,  the Parties have caused this Agreement to be executed
by their  respective  duly  authorized  signatories as of the day and year first
written above.

     [Remainder of the page intentionally left blank]

                                       5
<PAGE>

         [Execution Page]

Party A: Shanghai Sifang Information Technology Co. Ltd.,

[Executed pursuant to corporate seal]

Authorized representative

Party B: Shanghai TCH Data Technology Co. Ltd.

[Executed pursuant to corporate seal]

Authorized representative

                                       6
<PAGE>

                                   Schedule A
                                   ----------
                         Contents of Information Service
                         -------------------------------

     Within the scope that is  permitted by the law,  the  information  services
provided by Party B shall include:

     1.   decoding,  formatting,  sorting,  processing, etc. of various types of
          information,  which  information  shall  include but not be limited to
          financial information;

     2.   compilation of financial information;

     3.   maintenance of servers,  exchanges,  firewall and related  network and
          equipment;

     4.   test and installation of servers;

     5.   networking security consulting

                                   Schedule B
                                   ----------
                        Contents of Transmission Services
                        ---------------------------------

     Within the scope that is permitted by the law,  the  transmission  services
provided by Party A shall include:

     1.   providing of information sending platform;

     2.   sending of information services, and

     3.   searching and confirmation of information services sent.

                                       7

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