Document:

Exhibit 10-H

SUMMARY COMPENSATION
SHEET

The following summarizes certain
compensation decisions taken by the Compensation Committee (the "Committee")
and/or the Board of Directors ("Board") of Shoe Carnival, Inc. (the "Company"),
with respect to the compensation of executive officers.

1. 2008 Base Salary

The Committee increased the base salary
of one of the Company's executive officers and did not change the base salaries
of the Company's other executive officers after a review of the Company's
financial performance for fiscal 2007, along with a review of executive
compensation practices within the retail and footwear industries. These base
salaries are effective for the full fiscal year of 2008.

     Fiscal
2008 base salaries:

	  		  		New Base		Previous Base
	Name	      	Title	      	Salary	      	Salary
	Mark
      L. Lemond		President and Chief Executive Officer		$	703,500		$	703,500
	  
	J.
      Wayne Weaver		Chairman of the Board		$	300,000		$	300,000
	  
	Timothy T. Baker		Executive Vice President -		$	425,000		$	425,000
	 
    		Store
      Operations		 
    	 
    		 
    	 
    
	  
	W.
      Kerry Jackson		Executive Vice President - Chief		$	400,000		$	375,000
	 
    		Financial Officer and Treasurer		 
    	 
    		 
    	 
    
	  
	Clifton E. Sifford		Executive Vice President -		$	425,000		$	425,000
	 
    		General Merchandise Manager		 
    	 
    		 
    	 
    

2. Grants of Restricted
Stock

The Committee approved grants of
restricted stock to the Company's executive officers and other key personnel
under the Shoe Carnival, Inc. 2000 Stock Option and Incentive Plan. Mark L.
Lemond, President and Chief Executive Officer, received a grant of 16,000
shares. W. Kerry Jackson, Executive Vice President - Chief Financial Officer and
Treasurer, and Clifton E. Sifford, Executive Vice President - General
Merchandise Manager, each received a grant of 12,000 shares and Timothy T.
Baker, Executive Vice President - Store Operations, received a grant of 8,000
shares. No grant was made to Mr. Weaver. The restricted shares will vest upon
the achievement of specified levels of annual earnings per diluted share during
a six-year period.

3. Annual Incentive Compensation Goals
for Fiscal 2008

The Committee established the
performance criteria and targets for the 2008 bonus payable in 2009 under the
Company's 2006 Executive Incentive Compensation Plan. The performance criteria
is operating income before bonus expense. Subjective factors based on an
executive's individual performance can reduce an executive's bonus. As Chief
Executive Officer, Mark L. Lemond's bonus target is 60% of his salary but he can
earn up to 100% of his salary if all performance targets are met. J. Wayne
Weaver, as chairman, is not eligible to receive a bonus. The other named
executive officers' bonus target is 45% of their salary but they can earn up to
75% if all performance targets are met.

4. Director's Compensation

The Company pays to non-employee
Directors an annual retainer of $20,000. The Chairman of the Audit Committee
receives additional annual compensation of $5,000, and the Chairman of the
Compensation Committee, Chairman of the Nominating and Corporate Governance
Committee and the Lead Director each receives additional annual compensation of
$2,000.

Non-employee Directors receive a per
meeting fee of $1,000 for each meeting of the Board and the accompanying
committee meetings attended and $1,000 for each committee meeting attended in
person in which the full Board does not meet. If the committee meeting is
attended by conference call, the non-employee Directors receive $750. The
Company reimburses all Directors for all reasonable out-of-pocket expenses
incurred in connection with meetings of the Board.

Non-employee Directors receive an
annual grant of 500 shares of restricted stock under the Company’s 2000 Stock
Option and Incentive Plan. The restrictions on the shares lapse one year after
the date of grant.fs1a2ex10_magnegas.htm

    ADDENDUM

     

     

    To The
"Exclusive and All Encompassing License on the

     

    Magnegas
Technology" dated April 6, 2007

     

    WHEREAS
HyFuels, Inc is the sole and exclusive owner of all intellectual property on the
Magnegas Technology as specified on the website www.magnegas.com (hereinafter
referred to as the "Technology.")

     

    WHEREAS
HyFuels, Inc granted on April 6, 2007 to Magnegas Corporation the exclusive and
all encompassing rights on the Technology with a 5 year option to purchase all
said intellectual rights (hereinafter referred to as the "License") for all
countries of the American Continent, plus Alaska, Hawaii and all Caribbean
Islands (hereinafter referred to as the "Territory").

     

    NOW,
THEREFORE, HYFUELS, INC CONFIRMS AND REAFFIRMS THE FOLLOWING:

     

    1) The above
quoted License is for the above quoted Territory consisting of the entire
American Continent, hereinafter defined and clarified as including all countries
of North America, Central America, and South America plus Hawaii, Alaska and all
Caribbean Islands.

     

    2) Said
License is permanent and irrevocable in the above identified Territory with the
sole exception of:

     

    i) the
bankruptcy or insolvency of Licensee,

    ii) the
filing of Licensee of a petition for bankruptcy

    iii) the
making by the Licensee of the assignment of this License for the benefit of
creditors

    iv) the
appointment of a receiver of the Licensee or any of its assets which appointment
shall not be vacated within sixty (60) days thereafter

    v) the
filing of any other petition for the relief from creditors based upon the
alleged bankruptcy or insolvency of Licensee which shall not be dismissed within
60 days thereafter.

     

    3) As stated
in paragraph 6, said License grants to Magnegas Corporation an exclusive 5 year
option for the purchase of all intellectual rights in the Territory. In the
event Magnegas Corporation elects not to exercise it's right of said option,
then the License remains in full force and effect.

     

    4) Magnegas
Corporation has fulfilled each and every one of its obligations per said
License, including the issuance of all contractual shares. As a result, this
License is in full validity and effect without any reservation from HyFuels,
Inc. Hence,

     

    5) The
above identified License in the above identified Territory is now permanent for
the entire life on the patents (described in detail in Schedule "A" of the
License) as above specified.

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    /s/
Ruggero Santilli

    Ruggero
Santilli

    President, HyFuels,
Inc

    April 5,
2008

     

     

    /s/
Bo Linton

    Bo
Linton

    President, Magnegas
Corporation

    April 5,
2008f8k0408ex10i_wealthlink.htm

    
       

      EXHIBIT
10.1

       

      SHARE
EXCHANGE AGREEMENT

      

      This
Share Exchange Agreement (the “Agreement”) dated as of the ____ day of April
2008, by and among American Business Holdings, Inc., a Delaware corporation
having its offices at 1223 Wilshire Blvd., Suite 851, Santa Monica, California
90403 (the “Company”), Wealthlink Co., Ltd., a corporation organized under the
laws of the Cayman Islands (“Wealthlink”), and the shareholders of Wealthlink
named on the signature page of this Agreement (collectively, the “Shareholders”
and each, individually, a “Shareholder”).

      

      WITNESSETH:

      

      WHEREAS,
the Shareholders are the holders of all of the issued and outstanding capital
stock (the “Wealthlink Shares”) of Wealthlink;

       

      WHEREAS,
the Shareholders are acquiring a controlling interest in the Company;
and

      

      WHEREAS,
the Company is willing to issue shares of its common stock, par value $0.001 per
share (the “Common Stock”), to the Shareholders in consideration for all of the
Wealthlink Shares;

      

      NOW,
THEREFORE, for the mutual consideration set out herein, the parties agree as
follows:

       

      1.
             
Exchange of Shares and
Issuance to Bridge Investors.

       

      (a)  Issuance of Shares by the
Company. On and subject to the conditions set forth in this Agreement,
the Company will issue to the Shareholders, in exchange for _________ Wealthlink
Shares, which represents all of the issued and outstanding capital stock of
Wealthlink, an aggregate of ________ shares of Common Stock.  The
Common Stock will be issued to the Shareholders in the amounts set forth after
their respective names in Schedule I to this Agreement.

      

      (b)  Transfer of Wealthlink
Shares by the Shareholders. Subject to the conditions set forth in this
Agreement, the Shareholders will transfer to the Company all of the Wealthlink
Shares in exchange for shares of Common Stock.  Each Shareholder holds
the number of Wealthlink Shares set forth after his or her name in Schedule I to
this Agreement.

      
 

      (c)
 Closing.
The issuance of the Common Stock to the Shareholders and the transfer of the
Wealthlink Shares to the Company will take place at a closing (the “Closing”) to
be held at the office of Sichenzia Ross Friedman Ference, LLP, 61 Broadway,
32nd
Floor, New York, New York 10006 as soon as possible after or contemporaneously
with the satisfaction or waiver of all of the conditions to closing set forth in
Section 6 of this Agreement (the “Closing Date”).

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

       

       

      2.
             Representations and
Warranties of the Company. The Company hereby represents, warrants,
covenants and agrees as follows:

       

      (a)
   Organization and
Authority.

       

      
        	
                (i)  

              	
                The
      Company is a corporation duly organized, validly existing and in good
      standing under the laws of the State of Delaware.  The Company
      does not have any equity investment or other interest, direct or indirect,
      in, or any outstanding loans, advances or guarantees to or on behalf of,
      any domestic or foreign corporation, limited liability company,
      association, partnership, joint venture or other entity. 

              

      

      

      
        	
                (ii)  

              	
                Complete
      and correct copies of the Company’s certificate of incorporation and
      by-laws are available for review on the EDGAR system maintained by the
      U.S. Securities and Exchange Commission (the “Commission”) and has been
      provided to counsel for Wealthlink.

              

      

      

      
        	
                (iii)  

              	
                The
      Company has full power and authority to carry out the transactions
      provided for in this Agreement, and this Agreement constitutes the legal,
      valid and binding obligations of the Company, enforceable in accordance
      with its terms, except as enforceability may be limited by bankruptcy,
      insolvency and other laws of general application affecting the enforcement
      of creditor’s rights and except that any remedies in the nature of
      equitable relief are in the discretion of the court.  All
      necessary action required to be taken by the Company for the consummation
      of the transactions contemplated by this Agreement has been
      taken.

              

      

      

      
        	
                (iv)  

              	
                The
      execution and performance of this Agreement will not constitute a breach
      of any agreement, indenture, mortgage, license or other instrument or
      document to which the Company is a party or by which its assets and
      properties are bound, and will not violate any judgment, decree, order,
      writ, rule, statute, or regulation applicable to the Company or its
      properties.  The execution and performance of this Agreement
      will not violate or conflict with any provision of the certificate of
      incorporation or by-laws of the
Company.

              

      

      

      
        	
                (v)  

              	
                The
      Common Stock, when issued pursuant to this Agreement, will be duly and
      validly authorized and issued, fully paid and non-assessable. The issuance
      of the Common Stock to Shareholders and to Wealthlink is exempt from the
      registration requirements of the Securities Act of 1933, as amended (the
      “Securities Act”), pursuant to an exemption provided by Section 4(2) and
      Rule 506 promulgated thereunder.

              

      

       

       

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      
 

      
        	
                (vi)  

              	
                The
      authorized capital stock of the Company consists of 500,000,000 shares of
      Common Stock, of which 82,000,000 shares are presently outstanding and
      10,000,000 shares of preferred stock are authorized and of which none have
      been designated or issued.  Except as provided in, contemplated
      by, or set forth in this Agreement or the Company SEC Documents (as
      defined below), the Company has no outstanding or authorized warrants,
      options, other rights to purchase or otherwise acquire capital stock or
      any other securities of the Company, preemptive rights, rights of first
      refusal, registration rights or related commitments of any
      nature.  All issued and outstanding shares were either (i)
      registered under the Securities Act, or (ii) issued pursuant to valid
      exemptions from registration
thereunder.

              

      

      

      
        	
                (vii)  

              	
                No
      consent, approval or agreement of any person, party, court, governmental
      authority, or entity is required to be obtained by the Company in
      connection with the execution and performance by the Company of this
      Agreement or the execution and performance by the Company of any
      agreements, instruments or other obligations entered into in connection
      with this Agreement.

              

      

       

      (b)
   SEC
Documents.

      

      
        	
                (i)  

              	
                The
      Company is registered pursuant to the Exchange Act of 1934 and is current
      with its reporting obligations under the Securities Exchange Act of 1934,
      as amended (the “Exchange Act”).  None of the Company’s filings
      made pursuant to the Exchange Act (collectively, the “Company SEC
      Documents”) contains any untrue statement of a material fact or omitted to
      state a material fact required to be stated therein or necessary to make
      the statements therein, in light of the circumstances under which they
      were made, not misleading.  The Company SEC Documents, as of
      their respective dates, complied in all material respects with the
      requirements of the Exchange Act, and the rules and regulations of the
      Commission thereunder, and are available on the Commission’s EDGAR
      system.

              

      

      

      
        	
                (ii)  

              	
                The
      Company SEC Documents include the Company’s audited consolidated financial
      statements for the fiscal years ended December 31, 2007 and 2006
      (collectively, the “Financial Statements”), including, in each case, a
      balance sheet and the related statements of income, stockholders’ equity
      and cash flows for the period then ended, together with the related
      notes.  The Audited Financial Statements have been certified by
      Gately & Associates, L.L.C. (“Gately”).  The Financial
      Statements are in accordance with all books, records and accounts of the
      Company, are true, correct and complete and have been prepared in
      accordance with GAAP, consistently applied.  Gately is
      independent as to the Company under the rules of the Commission pursuant
      to the Securities Act and is registered with the PCAOB.  The
      Financial Statements present fairly the financial position of the Company
      at the respective balance sheet dates, and fairly present the results of
      the Company’s operations, changes in stockholders’ equity and cash flows
      for the periods covered.

              

      

       

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

      
 

      
        	
                (iii)  

              	
                At
      the close of business on December 31, 2007, the Company did not have any
      material liabilities, absolute or contingent, of the type required to be
      reflected on balance sheets prepared in accordance with GAAP which are not
      fully reflected, reserved against or disclosed on the December 31, 2007
      balance sheet.  The Company has not guaranteed or assumed or
      incurred any obligation with respect to any debt or obligations of any
      Person, except endorsements made in the ordinary course of business in
      connection with the deposit of items for collection.  The
      Company does not have any debts, contracts, guaranty, standby, indemnity
      or hold harmless commitments, liabilities or obligations of any kind,
      character or description, whether accrued, absolute, contingent or
      otherwise, or due or to become due except to the extent set forth or noted
      in the Financial Statements, and not heretofore paid or
      discharged.

              

      

       

      
        
          (c)  Absence of Changes.   
Since December 31, 2007, except as set forth
in the Company SEC Documents and except for the Asset Sale (as hereinafter
defined), to the best of Company’s knowledge, there have not
been:.

          
 

        

      

      
        	
                (i)  

              	
                any
      change in the consolidated assets, liabilities, or financial condition of
      the Company, except changes in the ordinary course of business which do
      not and will not have a material adverse effect on the
      Company;

              

      

      

      
        	
                (ii)  

              	
                any
      damage, destruction, or loss, whether or not covered by insurance,
      materially and adversely affecting the assets or financial condition of
      the Company (as conducted and as proposed to be
  conducted);

              

      

      

      
        	
                (iii)  

              	
                any
      change or amendment to a material contract, charter document or
      arrangement not in the ordinary course of business to which the Company is
      a party other than contracts which are to be terminated at or prior to the
      Closing;

              

      

      

      
        	
                (iv)  

              	
                any
      loans made by the Company to any of affiliate of the Company or any of the
      Company’s employees, officers, directors, shareholders or any of its
      affiliates;

              

      

      

      
        	
                (v)  

              	
                any
      declaration or payment of any dividend or other distribution or any
      redemption of any capital stock of the
Company;

              

      

      

      
        	
                (vi)  

              	
                any
      sale, transfer, or lease of any of the Company’s assets other than in the
      ordinary course of business;

              

      

      

      
        	
                (vii)  

              	
                any
      other event or condition of any character which might have a material
      adverse effect on the Company;

              

      

       

       

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      
 

      
        	
                (viii)  

              	
                any
      satisfaction or discharge of any lien, claim or encumbrance or payment of
      any obligation by Company except in the ordinary course of business and
      that is not material to the assets or financial condition of the Company;
      or

              

      

      

      
        	
                (ix)  

              	
                any
      agreement or commitment by the Company to do any of the things described
      in this Section 2(c).

              

      

      

      (d)  Property.  Except
as set forth in the Company SEC Documents, the Company does not own any real
estate and is not a party to any lease agreement.

      

      (e)  Taxes.  The
Company has filed all federal, state, county and local income, excise,
franchise, property and other tax, governmental and/or related returns, forms,
or reports, which are due or required to be filed by it prior to the date
hereof, except where the failure to do so would have no material adverse impact
on the Company, and has paid or made adequate provision in the financial
statement included in the Company SEC Documents for the payment of all taxes,
fees, or assessments which have or may become due pursuant to such returns or
pursuant to any assessments received.  The Company is not delinquent
or obligated for any tax, penalty, interest, delinquency or charge.

      

      (f)  Contracts and
Commitments.  Except as contemplated under this Agreement or
set forth in the Company SEC Documents, the Company is not a party to any
contract or agreement.

      

      (g)  No Adverse
Change.  Since December 31, 2007, there has not been any
Material Adverse Change in the financial condition of the Company, although
Shareholders recognize that the Company has continued not to generate any
revenue and has continued to operate at a loss as a result of ongoing expenses,
including expenses relating to this Agreement and the consummation of the
transactions contemplated hereby.  A Material Adverse Change shall
mean a material adverse change in the business, financial condition, operations
or prospects of a person.

      

      (h)  No
Defaults.  The Company is not in violation of its certificate
of incorporation or by-laws or any judgment, decree or order, applicable to
it.

      

      (i)  Litigation.  There
are no material (i.e., claims which, if adversely determined based on the
amounts claimed, would exceed five thousand dollars ($5,000) in the aggregate)
claims, actions, suits, proceedings, inquiries, labor disputes or investigations
(whether or not purportedly on behalf of the Company) pending or, to Company’s
knowledge, threatened against the Company or any of its assets, at law or in
equity or by or before any governmental entity or in arbitration or
mediation.

       

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      
 

      (j)  Compliance with
Laws.  The Company, to its knowledge, is in full compliance
with all laws applicable to it (including, without limitation, with respect to
zoning, building, wages, hours, hiring, firing, promotion, equal opportunity,
pension and other benefit, immigration, nondiscrimination, warranties,
advertising or sale of products, trade regulations, anti-trust or control and
foreign exchange or, to the Company’s knowledge, environmental, health and
safety requirements).

      

      (k)  Contracts and
Commitments.  The Company is not a party to any contract of
agreement other than agreements that will be terminated at or prior to the
Closing.

      

      (l)  Intellectual
Property.  The Company has no intellectual property
rights.

      

      (m)  No
Broker.  Except for Primary Capital LLC, neither the Company
nor any of its agents or employees has employed or engaged any broker or finder
or incurred any liability for any brokerage fees, commissions or finders’ fees
in connection with the transactions contemplated by this
Agreement.  The Company shall indemnify and hold the Shareholders
harmless against any loss, damage, liability or expense, including reasonable
fees and expenses of counsel, as a result of any brokerage fees, commissions or
finders’ fees which are due as a result of the consummation of the transaction
contemplated by this Agreement.

      

      (n) Asset
Sale.  Immediately prior to the date hereof, the Company has
completed the sale of all of its assets (including, but not limited to, its
subsidiary, Tissakin, Ltd.) in consideration for the transfer to the Company of
80,000,000 shares of Common Stock (the “Asset Sale”)

      

      (m) Reliance by
Shareholders.  The representations and warranties set forth in
this Section 2 taken together, do not contain any untrue statement of a material
fact or omits to state a material fact necessary to make the statements
contained herein and therein, when taken together, not misleading, and there is
no fact which materially and adversely affects the business, operations or
financial condition of the Company.  Shareholders may rely on the
representations set forth in this Section 2 notwithstanding any investigation it
may have made.

      

      4.           Closing
Deliveries.

       

      (a)  On
the Closing Date, the Company shall deliver or cause to be delivered to each
Shareholder:

       

      (i) fully
executed and duly authorized transaction documents, including this Share
Exchange Agreement and all other ancillary documents and resolutions required by
the Company.

      

      (ii)  a
certificate registered in the name of each Shareholder representing the number
of shares of Common Stock set forth on Schedule I;

      

      (iii) a
legal opinion of counsel to the Company acceptable to the Shareholders;
and

       

       

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      
 

      (iv)
undated letters of resignation from each of the directors and officers of the
Company.

      

      (b)  On
the Closing Date, each Shareholder shall deliver or cause to be delivered to the
Company:

      

      (i) fully
executed and duly authorized transaction documents, including this Share
Exchange Agreement and all other ancillary documents and resolutions required by
the Wealthlink.

      

      (ii) the
certificate representing such Shareholder’s shares of Wealthlink stock, or if
the shares were issued in uncertificated form, a written representation executed
by an officer of Wealthlink that such Shareholder was issued the number of
shares set forth next to its name on Schedule I.

      

       

      6.           Conditions to the Obligation
of the Shareholders to Close.  The obligations of Shareholders
under this Agreement are subject to the satisfaction of the following conditions
unless waived by Shareholders:

       

      (a) Representations and
Warranties.  On the Closing Date, the representations and
warranties of the Company shall be true and correct in all material respects on
and as of the Closing Date with the same force and effect as if made on such
date, and the Company shall have performed all of their respective obligations
required to be performed by them pursuant to this Agreement at or prior to the
Closing Date, and Shareholders shall have received a certificate of the Company
to such effect and as to any other matters set forth in this
Agreement.

       

      (b) No Material Adverse
Change.  No Material Adverse Change in the business or
financial condition of the Company shall have occurred or be threatened since
the date of this Agreement, and no action, suit or proceedings shall be
threatened or pending before any court of governmental agency or authority or
regulatory body seeking to restraint, prohibition or the obtain damages or other
relief in connection with this Agreement or the consummation of the transactions
contemplated by this Agreement or that, if adversely decided, has or may have a
Material Adverse Effect.

       

      (c) Liabilities. On the
Closing Date, the Company’s total liabilities shall not exceed
$2,000.

       

      (d) Legal
Opinion.  The Shareholders shall have received a legal opinion
from the Company’s legal counsel, acceptable to the Shareholders

       

      (e) Resignations.   All
officers and directors of the Company shall have tendered an undated letter of
resignation.

       

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

       

       

       

      (f) Elections and
Appointments.  The following individuals shall have been
elected as directors of the Company effective as of the Closing
Date:

       

      ________________

       

      

       

      The
following individuals shall have been appointed to the following
offices:

       

      _________________

       

      

       

      

       

      (g)           Shares
Outstanding.  The Company shall have ________ shares of
Common
Stock outstanding without giving effect to the issuances contemplated under this
Agreement.

      

      7.           Indemnification

       

      Each of Syed Irfan Husain and Syed
Idris Husain, each a principal stockholder of the Company (each an Indemnitor
and collectively, the “Indemnitors”), hereby acknowledges that he will gain
significant benefits from the transactions contemplated hereunder in exchange
for shares constituting a majority of the common stock of the
Company.  In consideration for the consummation of the transactions
contemplated by this Agreement, each Indemnitor jointly and severally hereby
agrees to indemnify and hold harmless the Company and the Shareholders, from and
against any and all liabilities, losses, damages, judgments, costs and charges,
including reasonable attorney fees and expenses, as a result of (i) any
liabilities of the Company that were incurred by the Company or arose from its
actions or omissions prior to the Closing Date and (ii) the Company’s breach of
any representations and warranties contained herein.  The provisions
of this Section 7 shall survive the consummation of the transactions
contemplated hereunder, and is intended to benefit the Company and the
Shareholders and their respective heirs, personal representatives, successors
and assigns.

       

      This Section 7 shall survive in
conjunction with the separate Indemnification Agreement entered into of similar
date herein.

       

      

      8.           Accredited Investor
Status.

      

      By countersigning this Agreement, each
of the Shareholders, severally and not jointly, represents that such Shareholder
is an accredited investor as such is defined in Regulation D promulgated under
the Securities Act of 1933 as amended, because such Shareholder fits one of the
definitions set forth in Exhibit A attached hereto.

      

      9.           Notices.  All
notices, requests and other communications to any party hereunder shall be in
writing and either delivered personally, telecopied or sent by certified or
registered mail, postage prepaid,

       

       

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

       

      
        
          	if to
      Wealthlink:
	 
      
	
                  with
      a copy to:

                
	
                  Sichenzia
      Ross Friedman Ference, LLP

                
	
                  Attn:
      Marc Ross

                
	
                  61
      Broadway, 32nd Floor

                
	
                  New  York,
      New York 10006

                
	
                  Tel:
      (212) 930-9700

                
	
                  Fax:
      (212) 930-9725

                
	 
      
	
                  if
      to the Company:

                
	
                  American
      Business Holdings, Inc.

                
	
                  1223
      Wilshire Boulevard, Suite 851

                
	
                  Santa
      Monica, California  90403

                
	
                  Attention:  Syed
      Irfan Husain

                
	 
      
	
                  with
      a copy to:

                
	
                  Anslow
      & Jaclin, LLP

                
	
                  Attn:
      Eric Stein

                
	
                  195
      Route 9 South, Suite 204

                
	
                  Manalapan,
      New Jersey

                
	
                  Phone:
      (732) 409-1212

                
	
                  Fax:
      (732) 577-1188

                

        

      

       

       

      

      or such
other address or fax number as such party may hereafter specify for the purpose
by notice to the other parties hereto.  All such notices, requests and
other communications shall be deemed received on the date delivered personally
or by overnight delivery service or telecopied or, if mailed, five business days
after the date of mailing if received prior to 5 p.m. in the place of receipt
and such day is a business day in the place of receipt.  Otherwise,
any such notice, request or communication shall be deemed not to have been
received until the next succeeding business day in the place of
receipt

      

      10.
             Miscellaneous.

       

      (a)
   This Agreement constitutes the entire agreement between the parties
relating to the subject matter hereof, superseding any and all prior or
contemporaneous oral and prior written agreements, understandings and letters of
intent. This Agreement may not be modified or amended nor may any right be
waived except by a writing which expressly refers to this Agreement, states that
it is a modification, amendment or waiver and is signed by all parties with
respect to a modification or amendment or the party granting the waiver with
respect to a waiver. No course of conduct or dealing and no trade custom or
usage shall modify any provisions of this Agreement.

       

       

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

       

      
 

      (b)
   This Agreement shall be governed by and construed in accordance
with the laws of the State of New York applicable to contracts made and to be
performed entirely within such State.

      

      (c)
   This Agreement shall be binding upon and inure to the benefit of
the parties hereto, and their respective successors and permitted
assigns.

      

      (d)
   This Agreement may be executed in two or more counterparts, each of
which shall be deemed an original but all of which together shall constitute one
and the same document.

      

      (e)
   The various representations, warranties, and covenants set forth in
this Agreement or in any other writing delivered in connection therewith shall
survive the issuance of the Shares.

       

       

      [REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]

       

       

       

       

       

       

       

       

      
 

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

      

      IN
WITNESS WHEREOF, the parties have executed this Securities Exchange Agreement
the day and year first above written.

       

      

       

         AMERICAN BUSINESS
HOLDINGS, INC.

      
 

      
 

      
 

         By:
________________________________________

      
 

      

      WEALTHLINK
CO., LTD.

       

       

       

       

      By:
_________________________________________

      

      

      

      Agreed as
to Sections 7 and 8 only:

      

       

      ________________________

      

       

      _________________________

       

       

       

       

       

      
        
          
          

        

        
          11

          
            

          

        

        
          
          

        

      

       

       

       

      SHAREHOLDER
SIGNATURE PAGE TO

       

      WEALTHLINK/ABHI
SHARE EXCHANGE AGREEMENT

      

      

      

      

      

      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

      

      

      

      

      

      Schedule
I

      Exhibit
A

      

      Accredited
investors

      

      A Person
who meets any one of the following tests is an accredited investor:

      

       (a)
  The Person is an individual who has a net worth, or joint net worth with
the Person’s spouse, of at least $1,000,000.

      

       (b)
  The Person is an individual who had individual income of more than
$200,000 (or $300,000 jointly with the Person’s spouse) for the past two years,
and the Person has a reasonable expectation of having income of at least
$200,000 (or $300,000 jointly with the Person’s spouse) for the current
year.

      

       (c)
  The Person is an officer or director of the Company.

      

       (d)
  The Person is a bank as defined in section 3(a)(2) of the Securities Act
or any savings and loan association or other institution as defined in section
3(a)(5)(A) of the Securities Act whether acting in its individual or fiduciary
capacity.

      

       (e)
  The Person is a broker or dealer registered pursuant to section 15 of the
Securities Exchange Act of 1934.

      

       (f)
  The Person is an insurance company as defined in section 2(13) of the
Securities
Act.                   

      

       (g)
  The Person is an investment company registered under the Investment
Company Act of 1940 or a business development company as defined in section
2(a)(48) of that Act.

      

       (h)
  The Person is a small Business Investment Company licensed by the U.S.
Small Business Administration under section 301(c) or (d) of the Small Business
Investment Act of 1958.

      

       (i)
  The Person is an employee benefit plan within the meaning of Title I of
the Employee Retirement Income Security Act of 1974, if the investment decision
is made by a plan fiduciary, as defined in section 3(21) of such Act, which is
either a bank, savings and loan association, insurance company, or registered
investment adviser, or if the employee benefit plan has total assets in excess
of $5,000,000 or, if a self-directed plan, with investment decisions made solely
by persons that are accredited investors.

      

       (j)
  The Person is a private business development company as defined in
section 202(a)(22) of the Investment Advisers Act of 1940.

      

       (k)
  The Person is an organization described in Section 501(c)(3) of the
Internal Revenue Code, corporation, Massachusetts or similar business trust, or
partnership, not formed for the specific purpose of acquiring the securities
offered, with total assets in excess of $5,000,000.

       

       (l)
  The Person is a trust, with total assets in excess of $5,000,000, not
formed for the specific purpose of acquiring the securities offered, whose
purchase is directed by a sophisticated person as described in Rule
506(b)(2)(ii) of the Commission under the Securities Act.

      

       (m)
  The Person is an entity in which all of the equity owners are accredited
investors (i.e., all of the equity owners meet one of the tests for an
accredited investor).

      

       If
an individual Person qualifies as an accredited investor, such individual may
purchase the Shares in the name of his or her individual retirement account
(“IRA”).

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