Document:

Exhibit 10.01

BILL OF SALE, ASSIGNMENT AND ASSUMPTION
OF LIABILITY

 

This BILL OF SALE, ASSIGNMENT
AND ASSUMPTION OF LIABILITY (the “Bill of Sale”), dated this 31st day of December,
2010, is from USChina Channel, Inc., a Nevada corporation (the “Seller”) to China Bull Holdings, Inc., a Nevada corporation
(the “Buyer”).

 

NOW, THEREFORE, in consideration
of good and valuable consideration, the receipt and sufficiency of which are hereby conclusively acknowledged, the parties hereto
hereby agree as follows:

 

1.           The
Seller hereby sells, grants, conveys, assigns, transfers and delivers to Buyer all of Seller’s right, title, and interest
in and to the assets set forth on Schedule “A” to this Bill of Sale (the “Acquired Assets”) subject to
all liens, mortgages, pledges, options, claims, security interests, conditional sales contracts, title defects, encumbrances, charges
and other restrictions of every kind (collectively, the “Liens”).  Such sale, transfer, conveyance and assignment
shall be effective on the date hereof (the “Effective Date”).

 

2.           Buyer
hereby absolutely accepts and assumes to be solely liable and responsible for the liabilities associated with the ownership of
the Acquired Assets after the Effective Date.  In addition, Buyer is assuming any liabilities or obligations of Seller
in connection with the operations of its business prior to the Effective Date.

 

3.           The
Seller covenants and agrees that in the event that the Acquired Assets or rights are non-assignable by their nature and will not
pass by this Bill of Sale, the beneficial interest in and to the same will in any event pass to the Buyer, as the case may be;
and the Seller covenants and agrees (in each case without any obligation on the part of the Seller to incur any out-of-pocket expenses)
(a) to hold, and hereby declares that it holds, such property, Acquired Assets or rights in trust for, and for the benefit of,
the Buyer, (b) to cooperate with the Buyer in the Buyer’s efforts to obtain and to secure such consent and give such notice
as may be required to effect a valid transfer or transfers of such Acquired Assets or rights, (c) to cooperate with the Buyer in
any reasonable interim arrangement to secure for the Buyer the practical benefits of such Acquired Assets pending the receipt of
the necessary consent or approval, and (d) to make or complete such transfer or transfers as soon as reasonably possible.

 

4.           The
Seller further agrees (without any obligation on the part of the Seller to incur any out-of-pocket expenses) that it will at any
time and from time to time, at the request of the Buyer, execute and deliver to the Buyer any and all other and further instruments
and perform any and all further acts reasonably necessary to vest in the Buyer the right, title and interest in or to any of the
Acquired Assets which this instrument purports to transfer to the Buyer.

 

5.           Any
individual, partnership, corporation or other entity may rely, without further inquiry, upon the powers and rights herein granted
to the Buyer and delivery of this Bill of Sale or to the authenticity of any copy, conformed or otherwise, hereof.

 

6.           All
of the terms and provisions of this Bill of Sale will be binding upon the Seller and its successors and assigns and will inure
to the benefit of the Buyer and its successors and assigns.

 

7.           This
Agreement shall be governed by the laws of the State of Florida, without regard to conflicts of law principles thereunder.

 

8.           This
Bill of Sale may be executed in one or more counterparts, each of which shall be deemed an original, but all of which together
shall constitute one and the same instrument.

 

IN WITNESS WHEREOF,
each of the parties has caused this Bill of Sale and Assignment to be executed as of the date and year first set forth above.

 

USChina Channel, Inc.

 

 

By: /s/ Andrew Chien

Name: Andrew Chien

Title: President

 

China Bull Holdings, Inc.

 

 

By: /s/ Andrew Chien

Name: Andrew Chien

Title: CEO

 

 

 

 

 

SCHEDULE A

 

ACQUIRED ASSETS

 

(1) Bank Deposits of  China Bull
Holding Inc.

(2) Website:    www.uschinachannel.net

(3) Market Agreement signed on October 3, 2006,
with USChina Channel LLC, a private company registered in Connecticut,  owned by Andrew Chien.

(4) The agreement with Andrew Chien whereby
Mr. Chien supplies the Company with office space and computer, telephone service, printer and copier machine without any charge
and Mr. Chien’s agreement to provide serves to this company without salary or other compensation.EX-10.02

SERVICES AGREEMENT

 

THIS SERVICES AGREEMENT (the "Agreement") is made and
entered into as of December 31, 2010 (the "Effective Date") by and between China Bull Management, Inc., a Nevada corporation
("Management Company") and China Bull Holding, Inc., a Nevada corporation ("Operating Company").

 

BACKGROUND

 

Management Company and Operating Company wish to establish an "arms
length" agreement for the provision of services to be provided to Operating Company by Management Company.

 

Operating Company is in the business of  providing various
corporate management services primarily to Chinese companies operating  in the United States (the “Business”).

 

Operating Company has requested Management Company to provide certain
services related to the operation of the Business and Management Company desires to provide such services to Operating Company
during the Term (as defined hereinafter).

 

NOW, THEREFORE, in consideration of the foregoing and the mutual
covenants contained in this Agreement and for other valuable consideration, the receipt and sufficiency of which are hereby acknowledged,
and intending to be legally bound hereby, the parties hereto agree as follows:

 

1.    Services.   During
the term of this Agreement, Management Company shall be entitled to the use of Operating Company's present facilities, equipment,
information systems and files in order for Management Company to provide the following services as it relates to the Business (the
“Services”):

 

a.    Payroll.   All
necessary payroll services, including the preparation and filing of Form W-2 for each employee of the Business.  Operating
Company shall establish a bank account with funds sufficient to make payments for all amounts paid out to the employees of the
Business pursuant to this Section 1(a) and such account shall be funded by Operating Company from the revenues generated by the
Business.   Management Company shall make all information relating to the payment of such employee payroll available
to Operating Company upon reasonable request therefore.

 

b.  Accounting Services.   Management
Company agrees to provide Operating Company with accounting and financial assistance in closing the Business's books consistent
with the fiscal close periods and procedures established by Operating Company.   Management Company shall also assist
Operating Company in maintaining financial statements for the Business, including preparation by Management Company of balance
sheets, profit and loss statements and a general ledger, preparing tax returns and whatever additional accounting and financial
services as may reasonably be requested by Operating Company relating to the Business.

 

c.  Sales and Customer Service.  Management
Company shall provide all sales and customer service support for the Business including, without limitation, obtaining orders for
sales and marketing of products offered by Operating Company and the supply of such products in connection with the operation of
the Business answering customer inquiries, referring return information and requests to the appropriate personnel and such other
functions as may be reasonably requested by Operating Company.

 

 d.  Collection of Accounts
Receivable.  Management Company shall collect accounts receivable of Operating Company in a commercially reasonable
manner.  Management Company shall pay over to Operating Company all such Accounts Receivable as specified in Section
1 (e) hereof.  Management Company will make available to Operating Company reports setting forth the amount of Accounts

 

Receivable collected, the persons from whom
such Accounts Receivable have been collected and, if specified by the payor, the invoice number and date to which such Accounts
Receivable are to be applied.  Management Company further agrees to make all information relating to the collection of
the Accounts Receivable available to Operating Company upon reasonable request therefore.

 

e.  Collection Procedures.  Management
Company will collect all payments on invoices rendered by Operating Company.  Management Company shall post all funds
received to the corresponding invoice and make any appropriate deduction or adjustment in accordance with the procedures set forth
by Operating Company.  Management Company shall remit to Operating Company all cash collected on invoices, to the extent
they are Accounts Receivable of the Business.

 

f.  Payment of Trade Payables.  Management
Company shall fund bank accounts from the revenues of the Business the proceeds of which shall be used for the payment of Operating
Company's obligations relative to the Business such as payroll checks and checks for payment of accounts payable.

 

g.  Email.  Management
Company acknowledges and agrees that it shall be obligated to maintain at its own cost and expense, an email system relative to
the operation of the Business.

 

h.  Computer Systems.  Management
Company acknowledges and agrees that it will maintain and operate the computer and information systems currently being utilized
by Operating Company for sales and inventory reporting and tracking, accounts receivable and general ledger accounting (the “Computer
Systems”).  Operating Company shall be permitted access to and use of the Computer Systems in order to permit Operating
Company and/or Management Company on behalf of Operating Company to close Operating Company's books, to record sales transactions,
collect accounts receivables, process customer orders, process purchase orders, maintain inventory and to maintain Operating Company's
general ledger.

 

i.  Data and Communication Services.  Management
Company shall provide all communication services, including, but not limited to, maintenance of the data communication lines and
system, telephone system and other like services required for the Business.

 

j.  Employee Benefits.  Management
Company will be responsible for the administration of all existing health and welfare benefit plans offered to Operating Company
employees, if any.

 

2.  Payments.  In addition to any specific
reimbursement or other obligation of Operating Company set forth herein, during the term hereof, Operating Company shall pay to
Management Company an amount equal to all net revenues of the Business after payment of all expenses associated with the operation
of such business including a reserve for payment of future expenses related to the operation of the business.

   

3.  Term.  Management Company understands
and acknowledges that the term of this Agreement is (i) on an “at-will” basis, (ii) is for an unspecified duration,
and (iii) may be terminated at any time, with or without cause, and with or without notice, at Operating Company’s option.  In
the event of the termination or expiration of this Agreement, the following provisions shall apply:

 

a.   Management Company shall
cease performing Services and shall submit an invoice for any amounts which may be due Management Company under this Agreement
as of the date of termination if there are any funds available from Business’ operations; and

 

b.   Management Company shall
deliver to Operating Company all information related to the operation of Business in Management Company’s possession or under
Management Company’s control.

 

4.  Miscellaneous.

 a.  Assignment.  Neither party
shall assign any of its rights or delegate any of its obligations under this Agreement, without the express prior written consent
of the other party.

 

b.  Amendments.  This
Agreement may be amended, modified, or superseded, and any of the terms hereof may be waived, only by written instrument executed
by the parties hereto or in the case of a waiver, by the party waiving compliance.  The failure of any party at any time
to require performance of any provision hereof shall in no manner affect the right at a later time to enforce the same.  No
waiver by any party of any term continued in this Agreement shall be deemed or construed as a further or continuing waiver of any
such breach in any subsequent instance or a waiver of any such breach in any subsequent instance or a waiver of any breach of any
other terms contained in this Agreement.

c.  Independent Contractors.   In
performing the Services, nothing in this Agreement shall be construed to create the relationship of employer-employee, principal-agent
or master-servant, either expressed or implied. Further, the relationship between the Parties is that of contract, Management Company
being an independent contractor, free from interference or control by Operating Company in the performance of the services set
forth herein, subject only to the terms of this Agreement. Neither Operating Company nor Management Company has the authority to
bind or incur any obligation for the other, and each agrees that Management Company will not hold itself out to any third party
as having, or act toward any third party in any manner which would suggest that they have, any such authority.

 

d.  Ownership of Information.  Management
Company and Operating Company agree that all files, computer programs, tapes, records, materials, data, papers, reports, and other
information relating to the services which were obtained as a result of its performance of its obligations under this Agreement
are vested in and owned by Operating Company.  Management Company agrees to return to Operating Company all such property
owned by Operating Company and which is in Management Company’s possession upon termination of this Agreement or at any earlier
time immediately upon the request of Operating Company.  This clause will survive the termination of this Agreement.

 

e.  Headings.  Headings
in this Agreement are for convenience only and shall not be deemed to have any substantive effect.

 

 f.  Counterparts.  This
Agreement may be executed on separate counterparts, each of which will be deemed an original, which counterparts may be delivered
to the other party hereto by facsimile transmission, and all of which taken together will constitute one and the same instrument.

 

f.  Severability.  If
any term, covenant, condition or provision of this Agreement is held by a court of competent jurisdiction to be invalid, void or
unenforceable, the remainder of the provisions hereof shall remain in full force and effect and shall in no way be affected, impaired
or invalidated thereby.

 

g.  Governing Law.  This
Agreement shall be governed by, and construed and interpreted in accordance with the laws of the State of Florida, without regard
to choice of law principles thereof.

 

IN WITNESS WHEREOF, the parties hereto have executed this Agreement
as of the day and year first above written.

 

China Bull Management, Inc.                                  
   China Bull Holding, Inc.

 

By: /s/ Andrew Chien                                         
       By: /s/ Andrew Chien

 

Name: Andrew Chien                                           
   Name: Andrew Chien

                                                                              
     Title: Chief Executive Officer

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