Document:

Unassociated Document

    Exhibit
10.2

    

    CERTIFICATE

    

    EMERSON
ELECTRIC CO.

    

    2010
PERFORMANCE SHARES PROGRAM

     

     

    
      THIS
CERTIFIES that «FULL_NAME»
is entitled to be a participant in Emerson Electric Co.’s 2010
Performance Shares Program under the 2006 Incentive Shares Plan approved and
adopted by the Board of Directors on November 1, 2005 and approved by the
Stockholders on February 7, 2006, and has been awarded «AWARD_NAME» («AWARD_NUMBER»)
Units, all in accordance with the terms and provisions of said
Plan.

    

    
        

    

    Dated
this __ day of ___________, 2010.

    

    
      
        	 
      	 
      
	 
      	
                For
      the Compensation
Committee

              

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      
        
          
            
              
                
                  
                    	
                            

                          	
                            INTRA-COMPANY
      CORRESPONDENCE

                          
	   
      	  
       

                  

                

              

            

          

        

      

    

    

    
      	
              TO:

            	
              Cynthia
      G. Heath

            
	
              FROM:

            	
              «FULL_NAME»

            
	
              DATE:

            	
              November
      2, 2009

            
	
              FILE:

            	
              2010
      PERFORMANCE SHARES PROGRAM AWARD

            
	
              SUBJECT:

            	
              Acceptance
      of Award

            

    

    

    This is
to advise that in consideration of the Compensation Committee's award of
Performance Units in the 2010 Performance Shares Program under the 2006
Incentive Shares Plan, (1) I accept such participation upon the terms contained
in the Award Certificate and the attached Plan document, and (2) I agree that
during my employment by Emerson or any of its divisions, subsidiaries or
affiliates (collectively, "Emerson"), and for a period of two (2) years after
termination of such employment for any reason, I will not directly or indirectly
engage in competition with, or enter the employ of or assist any person, firm,
corporation or other entity engaged in a business competitive with, any business
of Emerson in which I was employed, or solicit or hire any Emerson employees,
even though no payment has been made to me under the terms of the
Plan.  I also agree Missouri law governs this agreement and consent to
resolve any disputes in the courts in the state of Missouri.

    

    I
acknowledge I have read and understand the above, the Plan and Program
Highlights and agree to the terms of the award as set forth
therein.

    

    
      	 
      	 
      	
              «FULL_NAME»

            
	
              Date

            	 
      	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	 
      	 
      	
              Signature

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    2010
PERFORMANCE SHARES PROGRAM

    AWARD
SUMMARY

    

    
      	
              ·

            	
              FY10 – FY13
      Performance Shares Plan
Award

            

    

    

    
      	
               
      

            	
              -

            	
              The
      actual payout earned will be based on Company performance during the
      Performance Period beginning October 1, 2009 and ending September 30, 2013
      (Performance Period).

            

    

    

    
      	
               
      

            	
              -

            	
              Payout
      ranges from 0 to 100%.

            

    

    

    
      	
               
      

            	
              -

            	
              Quarterly
      dividend equivalents on 40% of the Performance Share Units will be paid to
      the Participants commencing with the next regularly scheduled quarterly
      payment, after the date of the
award.

            

    

    

    
      	
               
      

            	
              -

            	
              After
      the end of the Performance Period, the plan payout percentage will be
      determined, with 60% of the earned payout paid following the end of the
      Performance Period; the remaining 40% will be paid following a one-year
      restriction period, subject to your continued employment with the company
      during the restriction period, up to and including the actual payout
      date.

            

    

    

    
      	
              ·

            	
              Participant’s
      rights to the Award are not vested, and it is understood and agreed that
      Participant may forfeit the Award and dividend equivalents if any of the
      terms or conditions of the Award, including the non-competition and
      non-solicitation obligations, as set out in the Plan and Acceptance of
      Award are not met, if Participant engages in intentional misconduct in
      connection with his or her employment or is in violation of the Company’s
      Business Ethics Program, or if Participant fails to remain employed by the
      Company for the periods described
above.Unassociated Document

     

    
      EXECUTION
VERSION

    AMENDMENT
TO SECURED CONVERTIBLE PROMISSORY NOTES AND WARRANTS

     

    This
Amendment to Secured Convertible Promissory Notes and Warrants (this “Agreement”) is
entered into by and between Huifeng Bio-Pharmaceutical Technology, Inc., a
Nevada Corporation (the “Company), and each of
those persons and entities, severally and not jointly, whose names are set forth
on the Schedule of Lenders attached hereto as Exhibit A (which persons and
entities are hereinafter collectively referred to as “Lenders” and each
individually as a “Lender”) on the 24th
day of December, 2009 (the “Effective Date”),
amending certain provisions of those certain Secured Convertible Promissory
Notes dated December 31, 2007 (each, a “Note” and together,
the “Notes”)
and those certain Warrants dated December 31, 2007 (each a “Warrant” and
together, the “Warrants”).  All
capitalized terms used, but not defined herein, shall have the meanings given to
them in the Notes.

     

    RECITALS

     

    WHEREAS,
the parties to this Agreement are parties to that certain Securities Purchase
Agreement dated as of December 31, 2007, pursuant to which the Lenders (i) each
purchased Notes from the Company in principal amount set forth opposite such
Lender’s name on Exhibit A under the heading “Principal Amount of
Notes” and (ii) each were issued a Warrant to purchase the number of
shares of the Company’s common stock (“Common Stock”) set
forth opposite such Lender’s name on Exhibit A under the heading “Common Shares Underlying
Warrants” ;

     

    WHEREAS,
the Company and the Lenders desire to amend the provisions of the Notes as
described in this Agreement;

     

    WHEREAS,
the Company has offered, in consideration for said amendment, to amend the
exercise price of the Warrants, to amend the conversion rate of the Notes and to
issue shares of Common Stock to the Lenders; and

     

    WHEREAS,
the Company and the Lenders have consented to the proposed
amendments.

     

    NOW,
THEREFORE, in consideration of the foregoing and the respective representations,
covenants and agreements set forth below, the parties agree as
follows:

    

    AGREEMENT

     

    
      	
               
      

            	
              1.

            	
              Amendment of
      Notes.

            

    

     

    
      	
               
      

            	
              a.

            	
              The
      last sentence of the first paragraph of the Notes is amended and replaced
      in its entirety as follows:

            

    

     

    “This
Note shall mature and become due and payable in full on June 30, 2011 (the
“Maturity Date”) in accordance with the payment schedule in Section
1(b).”

     

    
      	
               
      

            	
              b.

            	
              Section
      1(b) of the Notes is amended and replaced in its entirety as
      follows:

            

    

     

    “The
Principal shall be due and payable in accordance with the following payment
Schedule:

     

    
      
         

      

      
         

        
          

        

      

      
         

        
          EXECUTION
VERSION

        

      

    

    

     

    
      	
              Payment
      Due Date

            	
              Percent
      of Initial Principal Amount Due

            
	
              April
      30, 2010

            	
              2.5%

            
	
              May
      31, 2010

            	
              2.5

            
	
              June
      30, 2010

            	
              2.5

            
	
              July
      31, 2010

            	
              4.0

            
	
              August
      31, 2010

            	
              4.0

            
	
              September
      30, 2010

            	
              4.0

            
	
              October
      31, 2010

            	
              6.0

            
	
              November
      30, 2010

            	
              6.0

            
	
              December
      31, 2010

            	
              6.0

            
	
              January
      31, 2011

            	
              8.0

            
	
              February
      28, 2011

            	
              8.0

            
	
              March
      31, 2011

            	
              8.0

            
	
              April
      30, 2011

            	
              12

            
	
              May
      31, 2011

            	
              12

            
	
              June
      30, 2011

            	
              14.5

            

    

    

     

    Notwithstanding
the foregoing, (i) any conversion of notes pursuant to Section 2 will result in
a dollar for dollar cancelation of the nearest term principal payments due (for
example, if $50,000 of notes are converted by a Borrower, the Company can delay
making principal payments to that Borrower until $50,000 of principal payments
have been skipped, then the payments will be due in accordance with the above
schedule), and (ii) the 10% interests payments due pursuant to Section 1 shall
be calculated based on the outstanding Principal on the date such interest
payment is due.”

     

    c.  Section
1(e) of the Notes is amended and replaced in its entirety as
follows:

     

    “The
Borrower may prepay all or any part of the outstanding principal amount of this
Note, together with interest accrued, if any, upon not fewer than thirty (30)
days’ prior written notice to the Lender.”

     

    
      
         

      

      
         

        
          

        

      

      
         

        
          EXECUTION
VERSION

        

      

    

    

     

    d.  Section
2(a) of the Notes is amended and replaced in its entirety as
follows:

     

    “The
Lender shall have the option, at any time on or before the Maturity Date, to
convert the outstanding principal of this Note into fully-paid and nonassessable
shares of Borrower’s Common Stock at the rate per share equal to $0.80 (the
“Conversion Rate”).”

     

    
      	
               
      

            	
              2.

            	
              Amendment of the
      Warrants.

            

    

     

    
      	
               
      

            	
              a.

            	
              The
      last sentence of the first paragraph of the Warrants is amended and
      replaced in its entirety as
follows:

            

    

     

    “The
Exercise Price or the Exercise Price Per Share shall be $1.00, in all events
subject to further adjustments as provided herein.”

     

    
      	
               
      

            	
              b.

            	
              The
      first sentence of Section 1 of the Warrants is amended and replaced in its
      entirety as follows:

            

    

     

    “This
Warrant may be exercised in whole or in part by the Holder at any time after the
date hereof until 5:00 pm Eastern Time on December 31, 2011 (such period being
herein referred to as the “Exercise Period”).”

     

    
      	
               
      

            	
              3.

            	
              Issuance of Common
      Stock.  As consideration for the Lenders entry into this
      Agreement, the Company agrees to issue to the Lenders the number of shares
      of Common Stock set forth opposite such Lender’s name under the heading
      “Number of
      Shares of Common Stock to be Issued Pursuant to this
      Agreement.”

            

    

     

    
      	
               
      

            	
              4.

            	
              No Other
      Changes.  All other terms of the Notes and Warrants shall
      remain the same.

            

    

     

    
      	
               
      

            	
              5.

            	
              Complete
      Agreement.  This Agreement together with the Notes and
      Warrants contains a complete and exclusive statement of the agreement of
      the parties with respect to the subject matter
  hereof.

            

    

     

    
      	
               
      

            	
              6.

            	
              Counterparts;
      Signatures by Facsimile.  This Agreement may be executed
      in any number of counterparts, each of which shall be an original, but all
      of which together shall constitute one instrument.  This
      Agreement, once executed by a party, may be delivered to the other parties
      hereto by facsimile transmission of a copy of this Agreement bearing the
      signature of the party so delivering this
  Agreement.

            

    

     

    

    [Signature
Page Follows]

    
      
         

      

      
         

        
          

        

      

      
         

        
          EXECUTION
VERSION

        

      

    

    

    IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date
noted above.

     

    
      	
              COMPANY:

            	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              HUIFENG
      BIO-PHARMACEUTICAL TECHNOLOGY, INC.

            	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      	 
      	 
      
	
              By:

            	  
      	 
      	 
      	 
      	 
      
	
              Name:

            	
              Jing’an
      Wang

            	 
      	 
      	 
      	 
      
	
              Title:

            	
              Chief
      Executive Officer

            	 
      	 
      	 
      	 
      

    

    
      
         

      

      
         

        
          

        

      

      
         

        
          EXECUTION
VERSION

        

      

    

    

    
      	
              PROFESSIONAL
      OFFSHORE

            
	
              OPPORTUNITY
      FUND, LTD.

            
	 
      
	  
      
	
              Howard
      Berger, Manager

            
	 
      
	  
      
	
              Peter
      Treadway

            
	 
      
	  
      
	
              Janet
      Wang

            
	 
      
	  
      
	
              Manilal
      Patel

            

    

     

    
      	 
      
	
              STRATEGIC
      ALLIANCE FUND, L.P.

            
	 
      
	  
      
	
              Daniel
      Carlson, Manager

            
	 
      
	
              STRATEGIC
      ALLIANCE FUND II, L.P.

            
	 
      
	  
      
	
              Daniel
      Carlson, Co-Manager

            

    

    

    
      
         

      

      
         

        
          

        

      

      
         

        
          EXECUTION
VERSION

        

      

    

    Exhibit
A

     

    
      	
              Lender

            	
              Principal
      Amount of Notes

            	
              Common
      Shares Underlying Warrants

            	
              Number
      of Shares of Common Stock to be Issued Pursuant to this
      Agreement

            
	
              Professional
      Offshore 

              Opportunity
      Fund, Ltd.

            	
              $1,500,000

            	
              375,000

            	
              375,000

            
	
              Peter
      Treadway

            	
              $50,000

            	
              12,500

            	
              12.500

            
	
              Janet
      Wang

            	
              $50,000

            	
              12,500

            	
              12,500

            
	
              Manilal
      Patel

            	
              $25,000

            	
              6,250

            	
              6,250

            
	
              Strategic
      Alliance Fund, L.P.

            	
              $75,000

            	
              18,750

            	
              18,750

            
	
              Strategic
      Alliance Fund II, L.P.

            	
              $100,000

            	
              25,000

            	
              25,000

            
	
              Total

            	
              $1,800,000

            	
              450,000

            	
              450,000

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