Document:

Unassociated Document

    Exhibit
      10.1

    English
      Summary of

    Stock
      Purchase Agreement

    

    Party
      A:  Lin
      TAN

    Party
      B:  Wonder
      Auto Limited

    Guarantor:  Money
      Victory Limited

    

    WHEREAS,
      Party
      A
      is a Chinese nationality who is the sole owner of Money Victory Limited (“MVL”),
      a limited liability company duly incorporated under the law of British Virgin
      Islands, with business address at Sea Meadow House, Blackburne Highway, Road
      Town, Tortola, British Virgin Islands.

    

    WHEREAS,
      Party
      B
      is a limited liability company duly incorporated under the law of British Virgin
      Islands, with business address at P.O. Box 957, Offshore Incorporations Centre,
      Road Town, Tortola, British Virgin Islands. The authorized representative of
      Party B is its Chairman of Board of Directors, Qingjie ZHAO.

    

    WHEREAS,
      MVL
      is
      the controlling shareholder of Nevstar Corporation, a Nevada corporation whose
      shares are traded on the OTCBB under the symbol “NVSC.OB” (“Nevstar”), and holds
      61.75% of the equity interest in Nevstar. Nevstar, through its wholly-owned
      subsidiary in the People’s Republic of China (“PRC”), Fuxing Hengrui Technology
      Co., Ltd., is primarily engaged in manufacturing, marketing development,
      provision and wholesale of glass and glass products.

    

    WHEREAS,
      Party
      A
      agrees to transfer certain part of the equity interest in MVL to Party B and
      Party B agrees to purchase such equity interest in MVL from Party
      A.

    

    WHEREAS,
      the
      Guarantor agrees to use its investment to guarantee the transfer of the equity
      interest contemplated hereby.

    

    NOW,
      THEREFORE,
      Party A
      and Party B have reached this Agreement as follows:

    

    
      	
              1.

            	
              Transfer
                Amount and Consideration

            

    

     

    Party
      A
      shall transfer 2,249 shares of the common stock of MVL (the “MVL Shares”),
      constituting 22.49% of the total issued and outstanding stock of MVL (MVL’s
      total issued and outstanding stock is 10,000 shares, US $1 per share). The
      consideration for such transfer is U.S.$5,000,000. The Parties hereby agree
      that
      upon the closing of the transaction contemplated hereunder, Party A shall hold
      77.51% of the equity interest in MVL and Party B shall hold 22.49% of the equity
      interest in MVL.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

     

    
      	
              2.

            	
              Method
                of Payment for the
                Consideration

            

    

     

    Party
      B
      hereby agrees to wire the total consideration of U.S.$5,000,000 to the bank
      account designated by Party A in one installment within one month (working
      days)
      after the execution of this Agreement.

     

    
      	
              3.

            	
              Closing
                of the Transfer

            

    

     

    Party
      A
      shall start the process of transferring the 2,249 shares to Party B within
      three
      working days after receipt of the consideration made by Party B. Party A shall
      transfer the ownership of the MVL Shares to Party B within 30 days after the
      execution of this Agreement. Upon Party B’s written request, Party A shall cause
      3,472,222 shares of common stock of Nevstar be transferred to Party B only
      if
      permitted by and in compliance with the applicable U.S. securities laws within
      30 days. Notwithstanding the above, shares of Nevstar stock may be transferred
      to Party B only at such time that a transfer of Nevstar stock to Party B may
      be
      effected in full compliance with applicable U.S. securities law.

     

    
      	
              4.

            	
              Representations
                and Warranties of Party A

            

    

     

    4.1 Party
      A
      owns all the MVL Shares, of record and beneficially, free
      and
      clear of all liens, claims, charges, security interests, and encumbrances of
      any
      kind whatsoever,
      except
      for any liens or encumbrances that Party A may have against the MVL Shares.
      Party A has sole control over the MVL Shares or sole discretionary authority
      over any account in which they are held. MVL owns the Nevstar Shares, of record
      and beneficially, free and clear of all liens, claims, charges, security
      interests, and encumbrances of any kind whatsoever, except for any liens or
      encumbrances that Party B may have against the Nevstar Shares. MVL has sole
      control over the Nevstar Shares or sole discretionary authority over any account
      in which they are held.

     

    4.2 Party
      A
      has full right, power and authority to execute, deliver and perform this
      Agreement and to carry out the transactions contemplated hereby. This Agreement
      has been duly and validly executed and delivered by Party A and constitutes
      a
      valid, binding obligation of Party A, enforceable against Party A in accordance
      with its terms (except as such enforceability may be limited by relevant
      laws).

     

    4.3 Party
      A
      has in connection with the transactions contemplated hereby and all aspects
      thereof, dealt directly with Party B and has no arrangement or understanding
      with or obligation to any broker.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

     

    4.4 Party
      B
      acknowledges and agrees that, except as expressly set forth in Section 5 of
      this
      Agreement, Party A makes no representation or warranty in respect of any matter
      relating to MVL and Nevstar, including, without limitation, the assets,
      financial condition, liabilities, operations or prospects of MVL and Nevstar,
      and any such other representations or warranties are hereby expressly disclaimed
      by Party B. Party B further acknowledges and agrees that Party A is the
      controlling shareholder of Nevstar and as a result may be aware of certain
      non-public material information concerning Nevstar. 

     

    
      	
              5.

            	
              Representations
                and Warranties of Party B

            

    

     

    5.1 Party
      B
      has full right, power and authority to execute, deliver and perform this
      Agreement and to carry out the transactions contemplated hereby. This Agreement
      has been duly and validly executed by Party B, constitutes a valid obligation
      of
      Party B, is legally binding on him and is enforceable against Party A in
      accordance with its terms (except as such enforceability may be limited by
      relevant laws).

     

    5.2 Party
      B
      is acquiring the MVL Shares for Party B’s own account (and not for the account
      of others) for investment and not with a view to the distribution or resale
      thereof.

     

    5.3 Party
      B
      may not sell, pledge, or transfer the MVL Shares in the absence of either a
      registration statement filed with SEC under the Act or an exemption from the
      registration provisions of the Act. 

     

    
      	
              6.

            	
              Make
                Good Provisions

            

    

     

    6.1 Party
      A
      hereby covenants that Nevstar’s net income for fiscal year 2008 audited by a
      qualified auditor in accordance with the GAAP shall be no less than US $10
      million and the net income for fiscal 2009 shall be no less than US $ 14
      million.

     

    6.2 In
      the
      event that the Nevstar’s net income for fiscal year 2008 is less than US $10
      million, Party A shall transfer, free of charge, 347,222 shares of Nevstar
      common stock to Party B on the day when Nevstar files its annual report for
      fiscal year 2008, provided however, that such transfer of Nevstar shares may
      be
      made only in full compliance of the applicable U.S. securities laws

     

    6.3 In
      the
      event that the Nevstar’s net income for fiscal year 2009 is less than US $14
      million, Party A shall transfer, free of charge, 347,222 shares of Nevstar
      common stock to Party B on the day when Nevstar files its annual report for
      fiscal year 2009, provided however, that such transfer of Nevstar shares may
      be
      made only in full compliance of the applicable U.S. securities
      laws.

     

    6.4 Before
      the filing of the annual financial report for fiscal year 2009, Party A shall
      hold no less than 1,000,000 shares of Nevstar or 4% of the total outstanding
      shares of Nevstar. Such shares shall be pledged to secure the achievement of
      net
      income thresholds stated above and shall be free and clear of all liens and
      encumbrances.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

     

    
      	
              7.

            	
              Dispute
                Resolution

            

    

     

    All
      the
      disputes arising from the performance of this Agreement shall be resolved
      through friendly consultation among the Parties. In the event that the Parties
      can not reach agreement within 30 days after receiving a written request from
      either Party on resolving the disputes, the Parties shall submit the disputes
      to
      the International Chamber of Commerce in Stockholm, Sweden for arbitration
      according to the arbitration rules of the International Chamber of Commerce.
      The
      arbitration awards shall be final and have binding effect on the Parties. The
      Parties shall honor and exercise the arbitration awards. The arbitration fee
      shall be borne by the losing Party.

     

    
      	
              8.

            	
              Miscellaneous

            

    

     

    8.1 Party
      B
      shall have the right to approve the appointment of the Chief Financial Officer
      of Nevstar.

     

    8.2 Party
      A
      hereby agrees that Party B shall have the right to request Party A to repurchase
      the MVL Shares Party B has purchased from Party A. Upon notice from Party B,
      Party A shall complete such repurchase within 30 days and guarantee an
      annualized return to Party B of no less than 20% of the amount originally
      invested by Party B.Party
      A
      shall use her assets to secure the obligations for purchasing back the
      Shares.

     

    8.3 Party
      A
      covenants that she shall lend the full consideration of U.S. $5,000,000 to
      Dollar Come Investments Limited or its subsidiary as their working capital
      with
      an annual interest of 8% within 30 days after the execution of the Agreement
      until Dollar Come and its subsidiary obtains adequate capital.

     

    

     

    This
      agreement has been made in three original sets. Party A, Party B and the
      Guarantor shall each hold one original set.

     

    After
      the
      execution of this Agreement by the three Parties, the rights and interests
      of
      Party B shall take into effect immediately.

     

    

     

    
      	
              Party
                A: Lin Tan

            	
              Party
                B: Wonder Auto Limited

            
	
              Signature:
                /s/
                Lin Tan

            	
              Signature
                (for and on behalf of Wonder Auto Limited): /s/
                Qingjie Zhao

            
	
              Date:
                April 5, 2008

            	
              Date:
                April 9, 2008

            
	
              Guarantor:
                Money Victory Limited

            	 
	
              Signature
                (for and on behalf of Money Victory Limited): /s/
                Hong Tan

            	 
	
              Date:
                April 5, 2008

            	 

    

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Rules
      for the Use of Five Million United States Dollars Loan

    

    WHEREAS,
      Nevstar
      or its subsidiary will borrow from its controlling shareholder, Lin TAN, five
      million United States Dollars (“Loan”),
      which
      is the consideration for transferring the equity interest by Lin TAN, to be
      used
      for its primary business operation;

    

    WHEREAS,
      The
      Board
      of Directors of Nevstar has yet to exercise the approval power.

    

    NOW,
      THEREFORE,
      in
      order to assure the Loan will be used reasonably and in compliance with the
      laws
      and regulations, the controlling shareholder of Nevstar Money Victory Limited
      hereby establishes the following rules for the use of the Loan:

    

    
      	1.	
              The
                Loan, after being wired into the bank account of Nevstar or its
                subsidiary
                but before the approval by the Board of Directors of Nevstar, shall
                still
                be vested in Lin TAN and Nevstar or its subsidiary is not entitled
                to use
                the Loan.

            

    

     

    
      	2.	
              After
                approval by the Board of Directors of Nevstar, the Loan can only
                be used
                in accordance with the appendix signed by Lin TAN and sealed by Money
                Victory Limited. The Loan cannot be used until such use is jointly
                approved and executed by CEO and
                CFO.

            

    

     

    
      	3.	
              Mr.
                Qiang HAO, CFO, is hereby empowered to veto the use of the
                Loan.

            

    

     

    
      	4.	
              The
                Board of Directors of Nevstar is entitled to approve to repay the
                Loan to
                Lin TAN.

            

    

     

    

     

    Money
      Victory Limited

     

    Signature
      of Director (for and on behalf of Money Victory Limited): /s/Hong
      TAN

     

    April
      9,
      2008

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Capital
      Budget for US $ Five Million (RMB 35 Million) Loan from
      Shareholder

     

    Unit:10
      thousand

     

    
      	
              No.

            	
              Budget
                Items 

            	
              Main
                Content of Agreement

            	
              Budget
                Amount

            	
              Time
                for Payment

            	
              Comment

            
	
              ¥

            	
              $

            
	
              1

            	
              Super
                White Project

            	 	
              1,348.00

            	
              192.57

            	 	 
	 	
              Among:
                Pure Granulated Sugar Agreement

            	
              50%
                of the total amount, 10 thousand ton ×RMB
                440 / ton

            	
              440

            	
              62.86

            	
              April
                8-25

            	
              Available
                till June 20

            
	 	
              Heavy
                alkali of less salt

            	
              2,000
                ton×RMB
                2,300 / ton

            	
              460

            	
              65.71

            	
              April
                8

            	
              Available
                till May 30

            
	 	
              Inner
                Mongolia coal

            	
              3,000
                ton×RMB
                660 / ton

            	
              198

            	
              28.29

            	
              April
                8-25

            	
              Available
                till May 30

            
	 	
              Bleacher

            	
              60
                ton×RMB
                2,3000 / ton

            	
              138

            	
              19.71

            	
              April
                8-25

            	
              Available
                till June 20

            
	 	
              Limestone
                of less iron

            	
              900
                ton ×RMB
                455 / ton

            	
              42

            	
              6.00

            	
              April
                8

            	
              Available
                till May 30

            
	 	
              Accessorial
                materials

            	 	
              70

            	
              10.00

            	
              April
                8

            	 
	
              2

            	
              Listing
                Fee

            	 	
              282.50

            	
              10.36

            	 	 
	 	
              Among:
                Auditing fee

            	
              Annual
                report for 2007, the first quarter report for 2008

            	
              102.5

            	
              14.64

            	
              April
                8

            	
              To
                be reported on May 15

            
	 	
              Fees
                for purchasing shell company

            	 	
              140

            	
              20.00

            	
              April
                15

            	
              To
                be finished on April 25

            
	 	
              Attorney
                fee

            	
              BVI
                lawyers, Chinese lawyers, Thelen lawyers

            	
              40

            	
              5.71

            	
              April
                8

            	
              Working
                and travel fee

            
	
              3

            	
              Working
                capital for supplementing 500 tons

            	 	
              1,539.50

            	
              219.93

            	 	 
	 	
              Heavy
                oil

            	
              2,000
                ton×RMB
                3,260 / ton

            	
              652

            	
              93.14

            	
              April
                8

            	
              14
                days reserve

            
	 	
              Pure
                alkali

            	
              2,000
                ton×RMB
                2,180 / ton

            	
              436

            	
              62.29

            	
              April
                8

            	
              14
                days reserve

            
	 	
              Fuxin
                Coal

            	
              3,000
                ton×RMB
                495 / ton

            	
              148.5

            	
              21.21

            	
              April
                15

            	
              Available
                till May 30

            
	 	
              Sandstone

            	
              10,000
                ton×RMB
                138 / ton

            	
              138

            	
              19.71

            	
              April
                8-25

            	
              30
                days reserve

            
	 	
              Material
                repair fee

            	 	
              165

            	
              23.57

            	
              April
                8-20

            	
              Planed
                repair from April 26- 30

            
	
              4

            	
              Low-
                E project

            	 	
              330.00

            	
              47.14

            	 	 
	 	
              Deposit
                for Low -E line

            	
              Total
                price: RMB 26 million. Deposit: 10% percent of total price

            	
              260

            	
              37.14

            	
              April
                8

            	
              Shortage
                of equipments, favorable price

            
	 	
              Setting
                up fee

            	
              Deposit
                for factory building on August 1: RMB 0.45 Million. Rent: RMB 0.250
                Million per month

            	
              70

            	
              10.00

            	
              April
                8

            	 
	 	
              Totals

            	 	
              3,500.00

            	
              500.00

            	 	 

    

    

     

    Signature
      (for and on behalf of Money Victory Limited): Hong TANExhibit
      10.1

    

    AMENDMENT
      NO. 6 TO

    1999
      INCENTIVE PLAN OF

    U.S.
      CONCRETE, INC.

    

    Effective
      as of April 11, 2008

     

    The
      Board
      of Directors of U.S. Concrete, Inc. (the “Company”) by resolution has duly
      adopted this Amendment No. 6 to the Company’s 1999 Incentive Plan (the “Plan”).
      Capitalized terms not otherwise defined herein shall have the respective
      meanings ascribed to them in the Plan.

     

    
      	1.	
              Section
                8(a)(iii) of the Plan is hereby amended to read in its entirety as
                follows:

            

    

     

    “(iii)  Stock
      Award.
      An
      Employee Award may be in the form of a Stock Award, the terms, conditions and
      limitations applicable to which the Committee will determine, subject to the
      limitations specified below. Any Stock Award which is not a Performance Award
      shall have a minimum Restriction Period of three years from the date of grant,
      and any Stock Award which is a Performance Award shall have a minimum
      Restriction Period of one year from the date of grant; provided that, in any
      case: (A) the Committee may provide for earlier vesting (i) following a change
      in control or other specified event involving the Company or (ii) upon
      termination of the applicable Employee’s employment by reason of death,
      disability or retirement, or if provided in a written employment or severance
      agreement between the Company and such Employee (whether such agreement is
      currently in effect or entered into after the effective date hereof), upon
      termination of such Employee’s employment by the Company without cause or
      termination of such Employee’s employment by such Employee for good reason or
      good cause; (B) such three-year minimum Restriction Period shall not apply
      to a
      Stock Award that is granted in lieu of salary or bonus; and (C) vesting of
      a
      Stock Award may occur incrementally over the three-year minimum Restriction
      Period.”

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