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    AGREEMENT
      AND PLAN OF MERGER

    

    This
      AGREEMENT
      AND PLAN OF MERGER
      (this
“Agreement”)
      has
      been made as of August 4, 2006, by and among Supreme Realty Investments, Inc.,
      a
      Nevada corporation (“SRLT”),
      XY Acquisition
      Corporation, a Nevada corporation and a wholly-owned Subsidiary of SRLT
      (“Sub”),
      Home
      System Group, Inc., a British Virgin Islands corporation (“HSG”),
      and
      the shareholders of HSG, each of whom is identified on Schedule
      A
      to this
      Agreement (the “HSG
      Shareholders”).

    

    Whereas,
      the
      respective Boards of Directors of SRLT, Sub and HSG have approved the merger,
      pursuant and subject to the terms and conditions of this Agreement, of Sub
      with
      and into HSG (the “Merger”),
      whereby all of the issued and outstanding shares of the Common Stock of HSG
      (the
“HSG
      Common Stock”)
      will be
      converted into the right to receive a specified number of shares of the Common
      Stock of SRLT (the “SRLT
      Common Stock”);
      and
      the parties each desire to make certain representations, warranties and
      agreements in connection with the Merger and also to prescribe various
      conditions to the Merger;

    

    Now,
      Therefore,
      in
      consideration of the premises and the representations, warranties and covenants
      herein contained, the parties agree to effect the Merger on the terms and
      conditions herein provided and further agree as follows:

    ARTICLE
      1. definitions

    1.1 Definitions.

    

    In
      addition to the other definitions contained in this Agreement, the following
      terms will, when used in this Agreement, have the following respective
      meanings:

    

    “Affiliate”
      means a
      Person that, directly or indirectly, controls, is controlled by, or is under
      common control with, the referenced party.

    

    “Claim”
      means
      any
      contest, claim, demand, assessment, action, suit, cause of action, complaint,
      litigation, proceeding, hearing, arbitration, investigation or notice of any
      of
      the foregoing involving any Person.

    

    “Closing”
      means
      the consummation of the Merger. 

    

    “Code”
      means
      the Internal Revenue Code of 1986, as amended, together with all rules and
      regulations promulgated thereunder. 

    

    “Constituent
      Corporations”
      means
      HSG and Sub, as the constituent corporations of the Merger.

    

    “GAAP”
      means
      United States generally accepted accounting practices.

    

    “GCL”
      means
      the
      Nevada General Corporation Law.

    

    “Person”
      means
      and includes any individual, partnership, corporation, trust, company,
      unincorporated organization, joint venture or other entity, and any Governmental
      Entity.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    “Record
      Holder”
      means a
      holder of record of HSG Common Stock as shown on the regularly maintained stock
      transfer records of HSG.

    

    “Subsidiary”
      means,
      with respect to any Person, any corporation, partnership, joint venture, trust
      or other entity of which such Person, directly or indirectly through an
      Affiliate, owns an amount of voting securities, or possesses other ownership
      interests, having the power, direct or indirect, to elect a majority of the
      Board of Directors or other governing body thereof.

    

    “Surviving
      Corporation” means
      HSG, as the surviving corporation of the Merger.

    

    “U.S.”
      means
      the
      United States of America.

     

    1.2 Interpretation.

    

    In
      this
      Agreement, unless the express context otherwise requires:

    

    (a) the
      words
“herein,” “hereof”
      and
“hereunder
      and
      words
      of similar import refer to this Agreement as a whole and not to any particular
      provision of this Agreement; 

    

    (b) references
      to “Article”
      or
“Section”
      are
      to
      the respective Articles and Sections of this Agreement, and references to
“Exhibit”
      or
      “Schedule”
      are to
      the respective Exhibits and Schedules annexed hereto;

    

    (c) references
      to a “party”
      means a
      party to this Agreement and include references to such party’s successors and
      permitted assigns;

    

    (d) references
      to a “third
      party”
      means a
      Person that is neither a Party to this Agreement nor an Affiliate thereof;
      

    

    (e) the
      terms
“dollars”
      and
      “$”
      means
      U.S. dollars;

    

    (f) terms
      defined in the singular have a comparable meaning when used in the plural,
      and
      vice versa;

    

    (g) the
      masculine pronoun includes the feminine and the neuter, and vice versa, as
      appropriate in the context; and 

    

    (h)  wherever
      the word “include,” “includes”
      or
“including
      is
      used
      in this Agreement, it will be deemed to be followed by the words “without
      limitation.”

     

    ARTICLE
      2. THE
      MERGER

     

    2.1 Effective
      Time of the Merger.

    

    Subject
      to the provisions of this Agreement, the Merger will be consummated by the
      filing with the Secretary of State of the State of Nevada of articles of merger,
      in such form as required by, and signed and attested in accordance with, the
      relevant provisions of the GCL (the time of such filing or such later time
      and
      date as is specified in such filing being the “Effective
      Time”).
      

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    2.2 Closing.

    

    The
      Closing will take place at 10:00 a.m., local time, on the earliest date
      practicable after all of the conditions set forth in Article 9 are satisfied
      or
      waived by the appropriate party, but in no event later than the applicable
      date
      referred to in Section 10.1(d) (the “Closing
      Date”),
      unless
      another time, date or place is agreed to in writing by the parties.

     

    2.3 Effects
      of the Merger.

    

    By
      virtue
      of the Merger and without the necessity of any action by or on behalf of the
      Constituent Corporations, or either of them:

    

    (a) at
      the
      Effective Time, (i) the separate existence of Sub will cease, and Sub will
      be
      merged with and into HSG, and (ii) the certificate of incorporation and bylaws
      of HSG as in effect immediately prior to the Effective Time will be the
      certificate of incorporation and bylaws of the Surviving Corporation until
      thereafter amended; and 

    

    (b) at
      and
      after the Effective Time, the Surviving Corporation will possess all the rights,
      privileges, powers and franchises of a public as well as of a private nature,
      and be subject to all the restrictions, disabilities and duties, of each of
      the
      Constituent Corporations; and all property, real, personal and mixed, and all
      debts due to either of the Constituent Corporations on whatever account, as
      well
      for stock subscriptions as all other things in action or belonging to each
      of
      the Constituent Corporations will be vested in the Surviving Corporation; and
      all property, rights, privileges, powers and franchises, and all and every
      other
      interest will be thereafter as effectually be the property of the Surviving
      Corporation as they were of the respective Constituent Corporations, and the
      title to any real estate vested by deed or otherwise, in either of the
      Constituent Corporations, will not revert or be in any way impaired; but all
      rights of creditors and all liens upon any property of either of the Constituent
      Corporations will be preserved unimpaired, and all debts, liabilities and duties
      of the respective Constituent Corporations will thereafter attach to the
      Surviving Corporation, and may be enforced against it to the same extent as
      if
      such debts and liabilities had been incurred or contracted by it. 

     

    ARTICLE
      3. EFFECT
      OF MERGER ON CAPITAL STOCK

     

    3.1 Effect
      on Capital Stock.

    

    As
      of the
      Effective Time, by virtue of the Merger and without any action on the part
      of
      any holder of shares of HSG Common Stock or of shares of the capital stock
      of
      Sub:

    

    (a)  Capital
      Stock of Sub. Each
      issued and outstanding share of the capital stock of Sub will be converted
      into
      the right to receive one fully paid and non-assessable share of the capital
      stock of the Surviving Corporation. 

    

    (b) Cancellation
      of Treasury Stock. Shares
      of
      HSG Common Stock, if any, that are held by HSG as treasury stock will be
      cancelled and retired and will cease to exist, and no Merger Consideration
      will
      be delivered in exchange therefor. Shares of Supreme Realty Investments, Inc.
      Common Stock, if any, owned by HSG as of the Effective Time will remain
      unaffected by the Merger.

    

    

    
      
        
        

      

      
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    (c) Exchanged
      Shares; Merger
      Consideration.

    

    (i) “Exchanged
      Shares”
      means
      all shares of HSG Common Stock issued and outstanding immediately prior to
      the
      Effective Time other than shares of HSG Common Stock, if any, held by HSG as
      treasury stock. 

    

    (ii) The
      consideration payable in the Merger will consist of an aggregate of eight
      million (8,000,000) shares of Supreme Realty Investments, Inc. Common Stock,
      which shall be distributed among the HSG Shareholders in accordance with
Schedule
      A
      hereto
      (the “Stock
      Merger Consideration”).

    

    (iii) “Merger
      Consideration” means
      the
      Stock Merger Consideration. 

    

    (d) Exchange
      of Exchanged Shares for Merger Consideration.
      As of
      the Effective Time, by virtue of the Merger, each issued and outstanding
      Exchanged Share will be converted into the right to receive the Merger
      Consideration, payable, to the Record Holders of Exchanged Shares at the
      Effective Time. As of the Effective Time, all
      shares of HSG Common Stock will no longer be outstanding and will automatically
      be cancelled and retired and will cease to exist, and each holder of a
      certificate representing any such shares will cease to have any rights with
      respect thereto, except the right to receive the Merger Consideration therefor,
      without interest, upon the surrender of such certificate in accordance with
      Section 3.2.

     

    3.2 Exchange
      of Merger Consideration for Exchanged Shares.

    

    (a) Exchange.
      On the
      Closing Date, the holders of all of the HSG Common Stock shall deliver to
      Supreme Realty Investments, Inc. certificates or other documents evidencing
      all
      of the issued and outstanding HSG Common Stock, duly endorsed in blank or with
      executed power attached thereto in transferable form. In exchange for all of
      the
      HSG Common Stock tendered pursuant hereto, Supreme Realty Investments, Inc.
      shall issue to HSG Shareholders the Stock Merger Consideration.

    

    (b) No
      Further Ownership Rights in HSG Common Stock.
      All
      shares of Supreme Realty Investments, Inc. Common Stock issued upon the
      surrender for exchange of shares of HSG Common Stock in accordance with the
      terms hereof will be deemed to have been issued in full satisfaction of all
      rights pertaining to such shares of HSG Common Stock, and there will be no
      further registration of transfers of the shares of HSG Common Stock (other
      than
      shares held directly or indirectly by Supreme Realty Investments, Inc.) after
      the Effective Time. If, after the Effective Time, Certificates are presented
      to
      the Surviving Corporation or its transfer agent for any reason, such
      Certificates will be cancelled and exchanged as provided by this Article 3.
      

    

    ARTICLE
      4.  REPRESENTATIONS
      AND WARRANTIES OF HSG

    

    HSG
      represents and warrants to Supreme Realty Investments, Inc. and to Sub as
      follows, as of the date hereof and as of the Closing Date: 

    

    
      
        
        

      

      
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    4.1 Organization.

    

    HSG
      is a
      corporation duly organized, validly existing and in good standing under the
      laws
      of British Virgin Island and has the corporate power and is duly authorized,
      qualified, franchised and licensed under all applicable laws, regulations,
      ordinances and orders of public authorities to own all of its properties and
      assets and to carry on its business in all material respects as it is now being
      conducted, including qualification to do business as a foreign entity in the
      country or states in which the character and location of the assets owned by
      it
      or the nature of the business transacted by it requires qualification. Included
      in the attached Schedules (as hereinafter defined) are complete and correct
      copies of the articles of incorporation, bylaws and amendments thereto as in
      effect on the date hereof. The execution and delivery of this Agreement does
      not
      and the consummation of the transactions contemplated by this Agreement in
      accordance with the terms hereof will not, violate any provision of HSG’s
      certificate of incorporation or bylaws. HSG has full power, authority and legal
      right and has taken all action required by law, its articles of incorporation,
      bylaws or otherwise to authorize the execution and delivery of this
      Agreement.

    

    4.2 Capitalization.

    

    The
      authorized capitalization of HSG consists of 50,000 shares of common stock,
      no
      par value and no preferred shares. As of the date hereof, there are 50,000
      shares of common stock issued and outstanding. All issued and outstanding common
      shares have been legally issued, fully paid, are nonassessable and not issued
      in
      violation of the preemptive rights of any other person. HSG has no other
      securities, warrants or options authorized or issued.

    

    4.3 Subsidiaries.

    

    HSG
      owns
      100% of Oceanic International (Hong Kong) Limited, a Hong Kong, China
      corporation. 

    

    4.4 Tax
      Matters; Books & Records

    

    (a) The
      books
      and records, financial and others, of HSG are in all material respects complete
      and correct and have been maintained in accordance with good business accounting
      practices; and

    

    (b) HSG
      has
      no liabilities with respect to the payment of any country, federal, state,
      county, local or other taxes (including any deficiencies, interest or
      penalties). 

    

    (c) HSG
      shall
      remain responsible for all debts incurred prior to the closing.

    

    4.5 Information.
      

    

    The
      information concerning HSG as set forth in this Agreement and in the attached
      Schedules is complete and accurate in all material respects and does not contain
      any untrue statement of a material fact or omit to state a material fact
      required to make the statements made, in light of the circumstances under which
      they were made, not misleading.

    

    4.6 Title
      and Related Matters. 

    

    HSG
      has
      good and marketable title to and is the sole and exclusive owner of all of
      its
      properties, inventory, interests in properties and assets, real and personal
      (collectively, the “Assets”) free and clear of all liens, pledges, charges or
      encumbrances. Except as set forth in the Schedules attached hereto, HSG owns
      free and clear of any liens, claims, encumbrances, royalty interests or other
      restrictions or limitations of any nature whatsoever and all procedures,
      techniques, marketing plans, business plans, methods of management or other
      information utilized in connection with HSG’s business. Except as set forth in
      the attached Schedules, no third party has any right to, and HSG has not
      received any notice of infringement of or conflict with asserted rights of
      others with respect to any product, technology, data, trade secrets, know-how,
      proprietary techniques, trademarks, service marks, trade names or copyrights
      which, singly or in the aggregate, if the subject of an unfavorable decision,
      ruling or finding, would have a materially adverse affect on the business,
      operations, financial conditions or income of HSG or any material portion of
      its
      properties, assets or rights.

    

    
      
        
        

      

      
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    4.7 Litigation
      and Proceedings

    

    There
      are
      no actions, suits or proceedings pending or threatened by or against or
      affecting HSG, at law or in equity, before any court or other governmental
      agency or instrumentality, domestic or foreign or before any arbitrator of
      any
      kind that would have a material adverse effect on the business, operations,
      financial condition, income or business prospects of HSG. HSG does not have
      any
      knowledge of any default on its part with respect to any judgment, order, writ,
      injunction, decree, award, rule or regulation of any court, arbitrator or
      governmental agency or instrumentality.

    

    4.8 Contracts.

    

    On
      the
      Closing Date:

    

    (a) Except
      as
      set forth on Schedule, there are no material contracts, agreements, franchises,
      license agreements, or other commitments to which HSG is a party or by which
      it
      or any of its properties are bound;

    

    (b) HSG
      is
      not a party to any contract, agreement, commitment or instrument or subject
      to
      any charter or other corporate restriction or any judgment, order, writ,
      injunction, decree or award which materially and adversely affects, or in the
      future may (as far as HSG can now foresee) materially and adversely affect,
      the
      business, operations, properties, assets or conditions of HSG; and 

    

    (c) HSG
      is
      not a party to any material oral or written: (i) contract for the employment
      of
      any officer or employee; (ii) profit sharing, bonus, deferred compensation,
      stock option, severance pay, pension, benefit or retirement plan, agreement
      or
      arrangement covered by Title IV of the Employee Retirement Income Security
      Act,
      as amended; (iii) agreement, contract or indenture relating to the borrowing
      of
      money; (iv) guaranty of any obligation for the borrowing of money or otherwise,
      excluding endorsements made for collection and other guaranties of obligations,
      which, in the aggregate exceeds $1,000; (v) consulting or other contract with
      an
      unexpired term of more than one year or providing for payments in excess of
      $10,000 in the aggregate; (vi) collective bargaining agreement; or (vii)
      contract, agreement, or other commitment involving payments by it for more
      than
      $10,000 in the aggregate.

    

    4.9 No
      Conflict With Other Instruments.

    

    The
      execution of this Agreement and the consummation of the transactions
      contemplated by this Agreement will not result in the breach of any term or
      provision of, or constitute an event of default under, any material indenture,
      mortgage, deed of trust or other material contract, agreement or instrument
      to
      which HSG is a party or to which any of its properties or operations are
      subject.

    

    
      
        
        

      

      
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    4.10 Material
      Contract Defaults.

    

    To
      the
      best of HSG’s knowledge and belief, it is not in default in any material respect
      under the terms of any outstanding contract, agreement, lease or other
      commitment which is material to the business, operations, properties, assets
      or
      condition of HSG, and there is no event of default in any material respect
      under
      any such contract, agreement, lease or other commitment in respect of which
      HSG
      has not taken adequate steps to prevent such a default from
      occurring.

    

    4.11 
      Governmental Authorizations. 

    

    To
      the
      best of HSG’s knowledge, HSG has all licenses, franchises, permits and other
      governmental authorizations that are legally required to enable it to conduct
      its business operations in all material respects as conducted on the date
      hereof. Except for compliance with federal and state securities or corporation
      laws, no authorization, approval, consent or order of, or registration,
      declaration or filing with, any court or other governmental body is required
      in
      connection with the execution and delivery by HSG of the transactions
      contemplated hereby.

    

    4.12 Compliance
      With Laws and Regulations.

    

    To
      the
      best of HSG’s knowledge and belief, HSG has complied with all applicable
      statutes and regulations of any federal, state or other governmental entity
      or
      agency thereof, except to the extent that noncompliance would not materially
      and
      adversely affect the business, operations, properties, assets or condition
      of
      HSG or would not result in HSG’s incurring any material liability.

    

    4.13 Insurance.
      

    

    All
      of
      the insurable properties of HSG are insured for HSG’s benefit under valid and
      enforceable policy or policies containing substantially equivalent coverage
      and
      will be outstanding and in full force at the Closing Date.

    

    4.14 Approval
      of Agreement.

    

    The
      directors of HSG have authorized the execution and delivery of the Agreement
      and
      have approved the transactions contemplated hereby.

    

    4.15 Material
      Transactions or Affiliations.

    

    As
      of the
      Closing Date, there will exist no material contract, agreement or arrangement
      between HSG and any person who was at the time of such contract, agreement
      or
      arrangement an officer, director or person owning of record, or known by HSG
      to
      own beneficially, ten percent (10%) or more of the issued and outstanding Common
      Shares of HSG and which is to be performed in whole or in part after the date
      hereof. HSG has no commitment, whether written or oral, to lend any funds to,
      borrow any money from or enter into any other material transactions with, any
      such affiliated person.

    

    
      
        
        

      

      
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    ARTICLE
      5.  REPRESENTATIONS
      AND WARRANTIES OF SUPREME REALTY INVESTMENTS, INC. 

    

    Supreme
      Realty Investments, Inc. represents and warrants to HSG, as of the date hereof
      and as of the Closing Date, as follows: 

    

    5.1 Organization.
      

    

    Supreme
      Realty Investments, Inc. is a corporation duly organized, validly existing,
      and
      in good standing under the laws of Nevada and has the corporate power and is
      duly authorized, qualified, franchised and licensed under all applicable laws,
      regulations, ordinances and orders of public authorities to own all of its
      properties and assets and to carry on its business in all material respects
      as
      it is now being conducted, including qualification to do business as a foreign
      corporation in the jurisdiction in which the character and location of the
      assets owned by it or the nature of the business transacted by it requires
      qualification. The execution and delivery of this Agreement does not and the
      consummation of the transactions contemplated by this Agreement in accordance
      with the terms hereof will not violate any provision of Supreme Realty
      Investments, Inc.’s articles of incorporation or bylaws. Supreme Realty
      Investments, Inc. has full power, authority and legal right and has taken all
      action required by law, its articles of incorporation, its bylaws or otherwise
      to authorize the execution and delivery of this Agreement.

    

    5.2 Capitalization.
      

    

    The
      authorized capitalization of Supreme Realty Investments, Inc. consists of
      200,000,000 shares of common stock, $0.001 par value per share. As of the date
      hereof, Supreme Realty Investments, Inc. has approximately 6,754,000 shares
      of
      common stock issued and outstanding. All issued and outstanding shares are
      legally issued, fully paid and nonassessable and are not issued in violation
      of
      the preemptive or other rights of any person. 

    

    5.3 Subsidiaries.
      

    

    Supreme
      Realty Investments, Inc. has no subsidiaries other than Sub.

    

    5.4 Tax
      Matters: Books and Records.

    

    (a) The
      books
      and records, financial and others, of Supreme Realty Investments, Inc. are
      in
      all material respects complete and correct and have been maintained in
      accordance with good business accounting practices; and

    

    (b) Supreme
      Realty Investments, Inc. has no liabilities with respect to the payment of
      any
      country, federal, state, county, or local taxes (including any deficiencies,
      interest or penalties).

    

    (c) Supreme
      Realty Investments, Inc. shall remain responsible for all debts incurred by
      Supreme Realty Investments, Inc. prior to the date of closing.

    

    
      
        
        

      

      
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    5.5 Litigation
      and Proceedings. 

    

    There
      are
      no actions, suits, proceedings or investigations pending or threatened by or
      against or affecting Supreme Realty Investments, Inc. or its properties, at
      law
      or in equity, before any court or other governmental agency or instrumentality,
      domestic or foreign or before any arbitrator of any kind that would have a
      material adverse affect on the business, operations, financial condition or
      income of Supreme Realty Investments, Inc. Supreme Realty Investments, Inc.
      is
      not in default with respect to any judgment, order, writ, injunction, decree,
      award, rule or regulation of any court, arbitrator or governmental agency or
      instrumentality or of any circumstances which, after reasonable investigation,
      would result in the discovery of such a default.

    

    5.6 Material
      Contract Defaults. 

    

    Supreme
      Realty Investments, Inc. is not in default in any material respect under the
      terms of any outstanding contract, agreement, lease or other commitment which
      is
      material to the business, operations, properties, assets or condition of Supreme
      Realty Investments, Inc., and there is no event of default in any material
      respect under any such contract, agreement, lease or other commitment in respect
      of which Supreme Realty Investments, Inc. has not taken adequate steps to
      prevent such a default from occurring.

    

    5.7 Information.
      

    

    The
      information concerning Supreme Realty Investments, Inc. as set forth in this
      Agreement and in the attached Schedules is complete and accurate in all material
      respects and does not contain any untrue statement of a material fact or omit
      to
      state a material fact required to make the statements made in light of the
      circumstances under which they were made, not misleading. 

    

    5.8 Title
      and Related Matters. 

    

    Supreme
      Realty Investments, Inc. has good and marketable title to and is the sole and
      exclusive owner of all of its properties, inventory, interest in properties
      and
      assets, real and personal (collectively, the “Assets”)
      free
      and clear of all liens, pledges, charges or encumbrances. Supreme Realty
      Investments, Inc. owns free and clear of any liens, claims, encumbrances,
      royalty interests or other restrictions or limitations of any nature whatsoever
      and all procedures, techniques, marketing plans, business plans, methods of
      management or other information utilized in connection with Supreme Realty
      Investments, Inc.’s business. No third party has any right to, and Supreme
      Realty Investments, Inc. has not received any notice of infringement of or
      conflict with asserted rights of other with respect to any product, technology,
      data, trade secrets, know-how, proprietary techniques, trademarks, service
      marks, trade names or copyrights which, singly on in the aggregate, if the
      subject of an unfavorable decision ruling or finding, would have a materially
      adverse affect on the business, operations, financial conditions or income
      of
      Supreme Realty Investments, Inc. or any material portion of its properties,
      assets or rights.

    

    5.9 Contracts.
      

    

    On
      the
      Closing Date:

    

    (a) There
      are
      no material contracts, agreements franchises, license agreements, or other
      commitments to which Supreme Realty Investments, Inc. is a party or by which
      it
      or any of its properties are bound;

    

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    (b) Supreme
      Realty Investments, Inc. is not a party to any contract, agreement, commitment
      or instrument or subject to any charter or other corporate restriction or any
      judgment, order, writ, injunction, decree or award materially and adversely
      affects, or in the future may (as far as Supreme Realty Investments, Inc. can
      now foresee) materially and adversely affect, the business, operations,
      properties, assets or conditions of Supreme Realty Investments, Inc.;
      and

    

    (c) Supreme
      Realty Investments, Inc. is not a party to any material oral or written: (i)
      contract for the employment of any officer or employee; (ii) profit sharing,
      bonus, deferred compensation, stock option, severance pay, pension benefit
      or
      retirement plan, agreement or arrangement covered by Title IV of the Employee
      Retirement Income Security Act, as amended; (iii) agreement, contract or
      indenture relating to the borrowing of money; (iv) guaranty of any obligation
      for the borrowing of money or otherwise, excluding endorsements made for
      collection and other guaranties, of obligations, which, in the aggregate exceeds
      $1,000; (v) consulting or other contract with an unexpired term of more than
      one
      year or providing for payments in excess of $10,000 in the aggregate; (vi)
      collective bargaining agreement; (vii) contract, agreement or other commitment
      involving payments by it for more than $10,000 in the aggregate.

    

    5.10 Compliance
      With Laws and Regulations. 

    

    To
      the
      best of Supreme Realty Investments, Inc.’s knowledge and belief, Supreme Realty
      Investments, Inc. has complied with all applicable statutes and regulations
      of
      any federal, state or other governmental entity or agency thereof, except to
      the
      extent that noncompliance would not materially and adversely affect the
      business, operations, properties, assets or condition of Supreme Realty
      Investments, Inc. or would not result in Supreme Realty Investments, Inc.
      incurring material liability.

    

    5.11 Insurance.
      

    

    Supreme
      Realty Investments, Inc. maintains no insurance policies.

    

    5.12 Approval
      of Agreement. 

    

    The
      directors of Supreme Realty Investments, Inc. have authorized the execution
      and
      delivery of the Agreement by and have approved the transactions contemplated
      hereby.

    

    5.13 Material
      Transactions or Affiliations. 

    

    There
      are
      no material contracts or agreements of arrangement between Supreme Realty
      Investments, Inc. and any person, who was at the time of such contract,
      agreement or arrangement an officer, director or person owning of record, or
      known to beneficially own ten percent (10%) or more of the issued and
      outstanding Common Shares of Supreme Realty Investments, Inc. and which is
      to be
      performed in whole or in part after the date hereof. Except as disclosed in
      the
      attached Schedule, Supreme Realty Investments, Inc. has no commitment, whether
      written or oral, to lend any funds to, borrow any money from or enter into
      material transactions with any such affiliated person. 

    

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    5.14 No
      Conflict With Other Instruments. 

    

    The
      execution of this Agreement and the consummation of the transactions
      contemplated by this Agreement will not result in the breach of any term or
      provision of, or constitute an event of default under, any material indenture,
      mortgage, deed of trust or other material contract, agreement or instrument
      to
      which Supreme Realty Investments, Inc. is a party or to which any of its
      properties or operations are subject.

    

    5.15 Governmental
      Authorizations. 

    

    Supreme
      Realty Investments, Inc. has all licenses, franchises, permits or other
      governmental authorizations legally required to enable it to conduct its
      business in all material respects as conducted on the date hereof. Except for
      compliance with federal and state securities and corporation laws, as
      hereinafter provided, no authorization, approval, consent or order of, or
      registration, declaration or filing with, any court or other governmental body
      is required in connection with the execution and delivery by Supreme Realty
      Investments, Inc. of this Agreement and the consummation of the transactions
      contemplated hereby.

    

    ARTICLE
      6.  SPECIAL
      COVENANTS 

    

    6.1 Access
      to Properties and Records.

    

    Prior
      to
      closing, Supreme Realty Investments, Inc. and HSG will each afford to the
      officers and authorized representatives of the other full access to the
      properties, books and records of each other, in order that each may have full
      opportunity to make such reasonable investigation as it shall desire to make
      of
      the affairs of the other and each will furnish the other with such additional
      financial and operating data and other information as to the business and
      properties of each other, as the other shall from time to time reasonably
      request.

    

    6.2 Availability
      of Rule 144.

    

    Supreme
      Realty Investments, Inc. and HSG Shareholders holding “restricted securities, “
as that term is defined in Rule 144 promulgated pursuant to the Securities
      Act
      will remain as “restricted securities”. Supreme Realty Investments, Inc. is
      under no obligation to register such shares under the Securities Act, or
      otherwise. The stockholders of Supreme Realty Investments, Inc. and HSG holding
      restricted securities of Supreme Realty Investments, Inc. and HSG as of the
      date
      of this Agreement and their respective heirs, administrators, personal
      representatives, successors and assigns, are intended third party beneficiaries
      of the provisions set forth herein. The covenants set forth in this Section
      6.2
      shall survive the Closing and the consummation of the transactions herein
      contemplated.

    

    6.3 The
      Stock Merger Consideration. 

    

    The
      consummation of this Agreement, including the issuance of the Supreme Realty
      Investments, Inc. Common Shares to the HSG Shareholders as contemplated hereby,
      constitutes the offer and sale of securities under the Securities Act, and
      applicable state statutes. Such transaction shall be consummated in reliance
      on
      exemptions from the registration and prospectus delivery requirements of such
      statutes that depend, inter alia, upon the circumstances under which the HSG
      Shareholders acquire such securities. 

    

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

    6.4 Third
      Party Consents. 

    

    Supreme
      Realty Investments, Inc. and HSG agree to cooperate with each other in order
      to
      obtain any required third party consents to this Agreement and the transactions
      herein contemplated.

    

    6.5 Actions
      Prior and Subsequent to Closing.

    

    (a) From
      and
      after the date of this Agreement until the Closing Date, except as permitted
      or
      contemplated by this Agreement, Supreme Realty Investments, Inc. and HSG will
      each use its best efforts to:

    

    (i) maintain
      and keep its properties in states of good repair and condition as at present,
      except for depreciation due to ordinary wear and tear and damage due to
      casualty;

    

    (ii) maintain
      in full force and effect insurance comparable in amount and in scope of coverage
      to that now maintained by it; and

    

    (iii) perform
      in all material respects all of its obligations under material contracts, leases
      and instruments relating to or affecting its assets, properties and
      business.

    

    (b) From
      and
      after the date of this Agreement until the Closing Date, Supreme Realty
      Investments, Inc. will not, without the prior consent of HSG:

    

    (i) except
      as
      otherwise specifically set forth herein, make any change in its articles of
      incorporation or bylaws;

    

    (ii) declare
      or pay any dividend on its outstanding Common Shares, except as may otherwise
      be
      required by law, or effect any stock split or otherwise change its
      capitalization, except as provided herein;

    

    (iii) enter
      into or amend any employment, severance or agreements or arrangements with
      any
      directors or officers;

    

    (iv) grant,
      confer or award any options, warrants, conversion rights or other rights not
      existing on the date hereof to acquire any Common Shares; or 

    

    (v) purchase
      or redeem any Common Shares.

    

    6.6 Indemnification.

    

    (a) Supreme
      Realty Investments, Inc. hereby agrees to indemnify HSG, each of the officers,
      agents and directors and current shareholders of HSG as of the Closing Date
      against any loss, liability, claim, damage or expense (including, but not
      limited to, any and all expense whatsoever reasonably incurred in investigating,
      preparing or defending against any litigation, commenced or threatened or any
      claim whatsoever), to which it or they may become subject to or rising out
      of or
      based on any inaccuracy appearing in or misrepresentation made in this
      Agreement. The indemnification provided for in this paragraph shall survive
      the
      Closing and consummation of the transactions contemplated hereby and termination
      of this Agreement; and 

    

    
      
        
        

      

      
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    (b) HSG
      hereby agrees to indemnify Supreme Realty Investments, Inc., each of the
      officers, agents, directors and current shareholders of Supreme Realty
      Investments, Inc. as of the Closing Date against any loss, liability, claim,
      damage or expense (including, but not limited to, any and all expense whatsoever
      reasonably incurred in investigating, preparing or defending against any
      litigation, commenced or threatened or any claim whatsoever), to which it or
      they may become subject arising out of or based on any inaccuracy appearing
      in
      or misrepresentation made in this Agreement. The indemnification provided for
      in
      this paragraph shall survive the Closing and consummation of the transactions
      contemplated hereby and termination of this Agreement.

    

    6.7 HSG
      Shareholder Representations.
      Each of
      the HSG Shareholders represents and warrants as follows:

    

    (a)
      as
      of the
      date of this Agreement each of the HSG Shareholders was, and at the Closing
      Date
      it is, an “accredited investor” as defined in Rule 501(a) under the Securities
      Act. Such HSG Shareholder has not been formed solely for the purpose of
      acquiring the SRLT Common Stock. Each HSG Shareholder is not a registered
      broker-dealer under Section 15 of the Exchange Act. 

    

    (b)
      each of
      the HSG Shareholders are knowledgeable and experienced in finance and business
      matters and thus they are able to evaluate the risks and merits of acquiring
      the
      shares of Common Stock of Supreme Realty Investments, Inc.; 

    

    (c)
      each
      of
      the HSG Shareholders are able to bear the economic risk of purchasing the
      Supreme Realty Investments, Inc. common stock; 

    

    (d)
      Supreme
      Realty Investments, Inc. has provided the HSG Shareholders with access to the
      type of information normally provided in a prospectus; 

    

    (e)
      Supreme
      Realty Investments, Inc. did not use any form of public solicitation or general
      advertising in connection with the issuance of the shares;

    

    (f) as
      to the
      following HSG Shareholders (Yimin Zhang, Weiyi Lv, Xiaochun Wang, Zhongsheng
      Bao, Simple (Hongkong) Investment & Management Company Limited, First
      Capital Limited and Shenzhen Dingyi Investment & Consulting Limited,
      collectively the “Offshore
      HSG Shareholders”)  the
      offer
      of such securities was not made to a person in the United States and either
      (A)
      at the time the buy order was originated, each of the Offshore HSG Shareholders
      was outside the United States (in China), or Supreme Realty Investments, Inc.
      and any person acting on its behalf reasonably believed that each Offshore
      HSG
      Shareholders was outside the United States, or (B) the transaction was not
      executed on or through the facilities of the Over the Counter Bulletin Board
      and
      neither Supreme Realty Investments, Inc. nor any person acting on its behalf
      knows that the transaction has been prearranged with a person in the United
      States; 

     

    (g)
      the
      transactions contemplated hereby are bona fide and not for the purpose of
“washing off’ the resale restrictions imposed because the securities are
“restricted securities” (as that term is defined in Rule 144(a)(3) under the
      1933 Act); 

     

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

     

    (h)
      each of
      the HSG Shareholders understands and acknowledges that none of the SRLT Common
      Stock has been registered under the Securities Act. Each HSG Shareholder is
      acquiring the SRLT Common Stock as principal for its own account and not with
      a
      view to or for distributing or reselling such securities or any part thereof,
      without prejudice, however, to such HSG Shareholder's right, subject to the
      provisions of this Agreement, at all times to sell or otherwise dispose of
      all
      or any part of such securities pursuant to an effective registration statement
      under the Securities Act or under an exemption from such registration and in
      compliance with applicable federal and state securities laws. Nothing contained
      herein shall be deemed a representation or warranty by such HSG Shareholder
      to
      hold the securities for any period of time. Such HSG Shareholder is acquiring
      the SRLT Common Stock hereunder in the ordinary course of its business. Such
      HSG
      Shareholders does not have any agreement or understanding, directly or
      indirectly, with any Person to distribute any of the SRLT Common Stock.

     

    ARTICLE
      7. CONDITIONS
      PRECEDENT TO THE OBLIGATIONS

    
      OF
        SUPREME REALTY INVESTMENTS, INC. AND SUB

    

    

    The
      obligations of Supreme Realty Investments, Inc. and Sub under this Agreement
      are
      subject to the satisfaction, at or before the Closing Date, of the following
      conditions:

    

    7.1 Accuracy
      of Representations. 

    

    The
      representations and warranties made by HSG in this Agreement were true when
      made
      and shall be true at the Closing Date with the same force and effect as if
      such
      representations and warranties were made at the Closing Date (except for changes
      therein permitted by this Agreement), and HSG shall have performed or compiled
      with all covenants and conditions required by this Agreement to be performed
      or
      complied with by HSG prior to or at the Closing HSG shall be furnished with
      a
      certificate, signed by a duly authorized officer of HSG and dated the Closing
      Date, to the foregoing effect.

    

    7.2 Director
      Approval.

    

    The
      Board
      of Directors of Supreme Realty Investments, Inc. shall have approved this
      Agreement and the transactions contemplated herein.

    

    7.3 Officer’s
      Certificate.

    

    Supreme
      Realty Investments, Inc. shall have been furnished with a certificate dated
      the
      Closing Date and signed by a duly authorized officer of HSG to the effect that:
      (a) the representations and warranties of HSG set forth in the Agreement and
      in
      all exhibits, schedules and other documents furnished in connection herewith
      are
      in all material respects true and correct as if made on the Effective Date;
      (b)
      HSG has performed all covenants, satisfied all conditions, and complied with
      all
      other terms and provisions of this Agreement to be performed, satisfied or
      complied with by it as of the Effective Date; (c) since such date and other
      than
      as previously disclosed to Supreme Realty Investments, Inc., HSG has not entered
      into any material transaction other than transactions which are usual and in
      the
      ordinary course if its business; and (d) no litigation, proceeding,
      investigation or inquiry is pending or, to the best knowledge of HSG,
      threatened, which might result in an action to enjoin or prevent the
      consummation of the transactions contemplated by this Agreement or, to the
      extent not disclosed in the HSG Schedules, by or against HSG which might result
      in any material adverse change in any of the assets, properties, business or
      operations of HSG.

    

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

    

    7.4 No
      Material Adverse Change. 

    

    Prior
      to
      the Closing Date, there shall not have occurred any material adverse change
      in
      the financial condition, business or operations of nor shall any event have
      occurred which, with the lapse of time or the giving of notice, may cause or
      create any material adverse change in the financial condition, business or
      operations of HSG.

    

    7.5 Other
      Items.

    

    Supreme
      Realty Investments, Inc. shall have received such further documents,
      certificates or instruments relating to the transactions contemplated hereby
      as
      Supreme Realty Investments, Inc. may reasonably request.

    

    ARTICLE
      8.  CONDITIONS
      PRECEDENT TO THE OBLIGATIONS

    
      OF
        HSG AND THE HSG SHAREHOLDERS

    

    

    The
      obligations of HSG and the HSG Shareholders under this Agreement are subject
      to
      the satisfaction, at or before the Closing date (unless otherwise indicated
      herein), of the following conditions:

    

    8.1 Accuracy
      of Representations. 

    

    The
      representations and warranties made by Supreme Realty Investments, Inc. in
      this
      Agreement were true when made and shall be true as of the Closing Date (except
      for changes therein permitted by this Agreement) with the same force and effect
      as if such representations and warranties were made at and as of the Closing
      Date, and Supreme Realty Investments, Inc. shall have performed and complied
      with all covenants and conditions required by this Agreement to be performed
      or
      complied with by Supreme Realty Investments, Inc. prior to or at the Closing.
      HSG shall have been furnished with a certificate, signed by a duly authorized
      executive officer of Supreme Realty Investments, Inc. and dated the Closing
      Date, to the foregoing effect.

    

    8.2 Director
      Approval.

    

    The
      Board
      of Directors of HSG shall have approved this Agreement and the transactions
      contemplated herein.

    

    8.3 No
      Material Adverse Change. 

    

    Prior
      to
      the Closing Date, there shall not have occurred any material adverse change
      in
      the financial condition, business or operations of nor shall any event have
      occurred which, with the lapse of time or the giving of notice, may cause or
      create any material adverse change in the financial condition, business or
      operations of Supreme Realty Investments, Inc. 

     

    
      
        
        

      

      
        15

        
          

        

      

      
        
        

      

    

    ARTICLE
      9. TERMINATION

     

    9.1 Termination
      Rights.

    

    (a) This
      Agreement may be terminated by the board of directors or majority interest
      of
      Shareholders of either Supreme Realty Investments, Inc. or HSG, respectively,
      at
      any time prior to the Closing Date if:

    

    (i) there
      shall be any action or proceeding before any court or any governmental body
      which shall seek to restrain, prohibit or invalidate the transactions
      contemplated by this Agreement and which, in the judgment of such board of
      directors, made in good faith and based on the advice of its legal counsel,
      makes it inadvisable to proceed with the exchange contemplated by this
      Agreement; or 

    

    (ii) any
      of
      the transactions contemplated hereby are disapproved by any regulatory authority
      whose approval is required to consummate such transactions.

    

    In
      the
      event of termination pursuant to this paragraph (a), no obligation, right,
      or
      liability shall arise hereunder and each party shall bear all of the expenses
      incurred by it in connection with the negotiation, drafting and execution of
      this Agreement and the transactions herein contemplated.

    

    (b) This
      Agreement may be terminated at any time prior to the Closing Date by action
      of
      the board of directors of Supreme Realty Investments, Inc. if HSG shall fail
      to
      comply in any material respect with any of its covenants or agreements contained
      in this Agreement or if any of the representations or warranties of HSG
      contained herein shall be inaccurate in any material respect, which
      noncompliance or inaccuracy is not cured after 20 days written notice thereof
      is
      given to HSG. If this Agreement is terminated pursuant to this paragraph (b),
      this Agreement shall be of no further force or effect and no obligation, right
      or liability shall arise hereunder.

    

    (c) This
      Agreement may be terminated at any time prior to the Closing Date by action
      of
      the board of directors of HSG if Supreme Realty Investments, Inc. shall fail
      to
      comply in any material respect with any of its covenants or agreements contained
      in this Agreement or if any of the representations or warranties of Supreme
      Realty Investments, Inc. contained herein shall be inaccurate in any material
      respect, which noncompliance or inaccuracy is not cured after 20 days written
      notice thereof is given to Supreme Realty Investments, Inc. If this Agreement
      is
      terminated pursuant to this paragraph (d), this Agreement shall be of no further
      force or effect and no obligation, right or liability shall arise
      hereunder.

    

    (d) In
      the
      event of termination pursuant to paragraph (b) and (c) hereof, the breaching
      party shall bear all of the expenses incurred by the other party in connection
      with the negotiation, drafting and execution of this Agreement and the
      transactions herein contemplated.

    

    
      
        
        

      

      
        16

        
          

        

      

      
        
        

      

    

    ARTICLE
      10. MISCELLANEOUS

    

    10.1 Brokers
      and Finders. 

    

    Each
      party hereto hereby represents and warrants that it is under no obligation,
      express or implied, to pay certain finders in connection with the bringing
      of
      the parties together in the negotiation, execution, or consummation of this
      Agreement. The parties each agree to indemnify the other against any claim
      by
      any third person for any commission, brokerage or finder’s fee or other payment
      with respect to this Agreement or the transactions contemplated hereby based
      on
      any alleged agreement or understanding between the indemnifying party and such
      third person, whether express or implied from the actions of the indemnifying
      party.

    

    10.2 Law,
      Forum and Jurisdiction.

    

    This
      Agreement shall be construed and interpreted in accordance with the laws of
      the
      State of New York, United States of America, except for applicable provisions
      of
      the Nevada General Corporation Law, which shall control to the extent
      applicable.

    

    10.3 Notices.
      

    

    Any
      notices or other communications required or permitted hereunder shall be
      sufficiently given if personally delivered to it or sent by registered mail
      or
      certified mail, postage prepaid, or by prepaid telegram addressed as
      follows:

    

    If
      to
      Supreme Realty Investments, Inc.: 10880 Wilshire Blvd Suite 2250, Los Angeles,
      CA 90024

    

    If
      to
      HSG: No. 264-298 Qingshan Road, Nanfeng Center Suite 1905, Quanwan Xingjie,
      Hong
      Kong

    

    or
      such
      other addresses as shall be furnished in writing by any party in the manner
      for
      giving notices hereunder, and any such notice or communication shall be deemed
      to have been given as of the date so delivered, mailed or
      telegraphed.

    

    10.4 Attorneys’
      Fees.

    

    In
      the
      event that any party institutes any action or suit to enforce this Agreement
      or
      to secure relief from any default hereunder or breach hereof, the breaching
      party or parties shall reimburse the non-breaching party or parties for all
      costs, including reasonable attorneys’ fees, incurred in connection therewith
      and in enforcing or collecting any judgment rendered therein.

    

    10.5 Confidentiality.

    

    Each
      party hereto agrees with the other party that, unless and until the transactions
      contemplated by this Agreement have been consummated, they and their
      representatives will hold in strict confidence all data and information obtained
      with respect to another party or any subsidiary thereof from any representative,
      officer, director or employee, or from any books or records or from personal
      inspection, of such other party, and shall not use such data or information
      or
      disclose the same to others, except: (i) to the extent such data is a matter
      of
      public knowledge or is required by law to be published; and (ii) to the extent
      that such data or information must be used or disclosed in order to consummate
      the transactions contemplated by this Agreement.

    

    
      
        
        

      

      
        17

        
          

        

      

      
        
        

      

    

    10.6 Schedules;
      Knowledge.

    

    Each
      party is presumed to have full knowledge of all information set forth in the
      other party’s schedules delivered pursuant to this Agreement.

    

    10.7 Third
      Party Beneficiaries. 

    

    This
      contract is solely among the parties hereto and except as specifically provided,
      no director, officer, stockholder, employee, agent, independent contractor
      or
      any other person or entity shall be deemed to be a third party beneficiary
      of
      this Agreement.

    

    10.8 Entire
      Agreement. 

    

    This
      Agreement represents the entire agreement between the parties relating to the
      subject matter hereof. This Agreement alone fully and completely expresses
      the
      agreement of the parties relating to the subject matter hereof. There are no
      other courses of dealing, understanding, agreements, representations or
      warranties, written or oral, except as set forth herein. This Agreement may
      not
      be amended or modified, except by a written agreement signed by all parties
      hereto.

    

    10.9 Survival;
      Termination. 

    

    The
      representations, warranties and covenants of the respective parties shall
      survive the Closing Date and the consummation of the transactions herein
      contemplated for 18 months.

    

    10.10 Counterparts.
      

    

    This
      Agreement may be executed in multiple counterparts, each of which shall be
      deemed an original and all of which taken together shall be but a single
      instrument. 

    

    10.11 Amendment
      or Waiver.

    

    Every
      right and remedy provided herein shall be cumulative with every other right
      and
      remedy, whether conferred herein, at law, or in equity, and may be enforced
      concurrently herewith, and no waiver by any party of the performance of any
      obligation by the other shall be construed as a waiver of the same or any other
      default then, theretofore, or thereafter occurring or existing. At any time
      prior to the Closing Date, this Agreement may be amended by a by all parties
      hereto, with respect to any of the terms contained herein, and any term or
      condition of this Agreement may be waived or the time for performance hereof
      may
      be extended by the party or parties for whose benefit the provision is
      intended.

    

    10.12 Expenses.

    

    Each
      party herein shall bear all of their respective cost s and expenses incurred
      in
      connection with the negotiation of this Agreement and in the consummation of
      the
      transactions provided for herein and the preparation thereof.

    

    
      
        
        

      

      
        18

        
          

        

      

      
        
        

      

    

    10.13 Headings;
      Context.

    

    The
      headings of the sections and paragraphs contained in this Agreement are for
      convenience of reference only and do not form a part hereof and in no way
      modify, interpret or construe the meaning of this Agreement.

    

    10.14 Benefit.

    

    This
      Agreement shall be binding upon and shall inure only to the benefit of the
      parties hereto, and their permitted assigns hereunder. This Agreement shall
      not
      be assigned by any party without the prior written consent of the other party.
      

    

    10.15 Public
      Announcements.

    

    Except
      as
      may be required by law, neither party shall make any public announcement or
      filing with respect to the transactions provided for herein without the prior
      consent of the other party hereto.

    

    10.16 Severability.
      

    

    In
      the
      event that any particular provision or provisions of this Agreement or the
      other
      agreements contained herein shall for any reason hereafter be determined to
      be
      unenforceable, or in violation of any law, governmental order or regulation,
      such unenforceability or violation shall not affect the remaining provisions
      of
      such agreements, which shall continue in full force and effect and be binding
      upon the respective parties hereto.

    

    10.17 Failure
      of Conditions; Termination.

    

    In
      the
      event of any of the conditions specified in this Agreement shall not be
      fulfilled on or before the Closing Date, either of the parties have the right
      either to proceed or, upon prompt written notice to the other, to terminate
      and
      rescind this Agreement. In such event, the party that has failed to fulfill
      the
      conditions specified in this Agreement will liable for the other parties legal
      fees. The election to proceed shall not affect the right of such electing party
      reasonably to require the other party to continue to use its efforts to fulfill
      the unmet conditions.

    

    10.18 No
      Strict Construction.

    

    The
      language of this Agreement shall be construed as a whole, according to its
      fair
      meaning and intendment, and not strictly for or against either party hereto,
      regardless of who drafted or was principally responsible for drafting the
      Agreement or terms or conditions hereof.

    

    10.19 Execution
      Knowing and Voluntary.

    

    In
      executing this Agreement, the parties severally acknowledge and represent that
      each: (a) has fully and carefully read and considered this Agreement; (b) has
      been or has had the opportunity to be fully apprized by its attorneys of the
      legal effect and meaning of this document and all terms and conditions hereof;
      (c) is executing this Agreement voluntarily, free from any influence, coercion
      or duress of any kind.

    

    
      
        
        

      

      
        19

        
          

        

      

      
        
        

      

    

    10.20 Amendment.
      

    

    At
      any
      time after the Closing Date, this Agreement may be amended by both parties,
      with
      respect to any of the terms contained herein, and any term or condition of
      this
      Agreement may be waived or the time for performance hereof may be extended
      by
      the party or parties for whose benefit the provision is intended.

    

    

    

    

    

    
 

    

    

    

    

    

    

    

    

    

    

    

    

    

    [Signature
      page follows]

     

     

    
      
        
        

      

      
        20

        
          

        

      

      
        
        

      

    

    
 

    In
      Witness Whereof,
      Supreme
      Realty Investments, Inc., Sub and HSG, each pursuant to the approval and
      authority duly given, as well as the HSG Shareholders, have caused this
      Agreement and Plan of Merger to be executed as of the date first above
      written.

     

    
      	 	 	
              Supreme
                Realty Investments, Inc. 

            
	 	 	 
	 	 	
              By:

            	
              /s/
                Zujun Xu

            
	 	 	 	
              Zujun
                Xu

              Its
                Chairman of the Board and Chief Executive Officer

            
	 	 	 	 
	 	 	 	 
	 	 	
              XY
                Acquisition Corporation 

            
	 	 	 	 
	 	 	 	 
	 	 	
              By:

            	
              /s/
                Zujun Xu

            
	 	 	 	
              Zujun
                Xu

              Its
                Chairman of the Board and Chief Executive Officer

            
	 	 	 	 
	 	 	 	 
	 	 	
              Home
                System Group, Inc. 

            
	 	 	 
	 	 	 
	 	 	
              By:

            	
              /s/
                Cheung Kin Wai

            
	 	 	 	
              Cheung
                Kin Wai

              Its
                President

            
	 	 	 	 
	 	 	
              HSG
                Shareholders

            
	 	 	 	 
	 	 	 	 
	 	 	 	
              /s/
                Ye
                Bo Quan

            
	 	 	 	
              Ye
                Bo Quan 

            
	 	 	 	 
	 	 	 	
              /s/
                Li Shu Bo

            
	 	 	 	
              Li
                Shu Bo

            
	 	 	 	 
	 	 	 	
              /s/
                Huang
                Jian Wei

            
	 	 	 	
              Huang
                Jian Wei

            
	 	 	 	 
	 	 	 	
              /s/
                Cheung
                Kin Wai

            
	 	 	 	
              Cheung
                Kin Wai 

            
	 	 	 	 
	 	 	 	
              /s/
                Li
                Wei Qiu

            
	 	 	 	
              Li
                Wei Qiu 

            

    

     

    
      
        
        

      

      
        21

        
          

        

      

      
        
        

      

    

     

    
      	 	 	 	 
	 	 	 	
              Simple
                (Hong Kong) Investment & Management Company Limited
                

            
	 	 	 	 
	 	 	
              By:

            	
              /s/
                Guoqiong Yu

            
	 	 	
              Name:

            	
              Guoqiong
                Yu

            
	 	 	
              Title:

               

               

            	
              President

            
	 	 	 	
              First
                Capital Limited 

            
	 	 	 	 
	 	 	
              By:

            	
              /s/
                Xu Xi Rong

            
	 	 	
              Name:

            	
              Xu
                Xi Rong

            
	 	 	
              Title:

            	
              President

            
	 	 	 	 
	 	 	 	
              Shenzhen
                Dingyi Investment Company Limited 

            
	 	 	 	 
	 	 	
              By:

            	
              /s/
                Hongyan Sun

            
	 	 	
              Name:

            	
              Hongyan
                Sun

            
	 	 	
              Title:

            	
              President

            
	 	 	 	 
	 	 	 	
              China
                US Bridge Capital Limited 

            
	 	 	 	 
	 	 	
              By:

            	
              /s/
                Xiaobin Liu 

            
	 	 	
              Name:

            	
              Xiaobin
                Liu

            
	 	 	
              Title:

            	
              President

            
	 	 	 	 
	 	 	 	
              Value
                Global International Limited

            
	 	 	 	 
	 	 	
              By:
                

            	
              /s/
                Zhiyong Xu

            
	 	 	
              Name:

            	
              Zhiyong
                Xu

            
	 	 	
              Title:

            	
              President

            

    

     

    
 

    
      
        
        

      

      
        22

        
          

        

      

      
        
        

      

    

    SCHEDULE
      A

    

    HSG
      SHAREHOLDERS

    

    
      	
               

              Name
                of HSG 

              Shareholder

            	
              HSG
                Common Stock

              Ownership
                %

            	
               

              Shares
                of HSG

            	
               

              Shares
                of Supreme Realty 

              Investments,
                Inc. Common Stock 

            
	
               

              Cheung
                Kin Wai 

               

              Li
                Wei Qiu

               

              Ye
                Bo Quan

               

              Li
                Shu Bo

               

              Huang
                Jian Wei

               

            	
               

              20%

               

              26%

               

              6.5%

               

              6%

               

              6.5%

            	
               

              10,000

               

              13,000

               

              3,250

               

              3,000

               

              3,250

            	
               

              1,600,000
                

               

              2,080,000
                

               

              520,000
                

               

              480,000
                

               

              520,000
                

            
	
               

              Value
                Global International Limited 

               

            	
               

              6%

            	
               

              3,000

            	
               

              480,000
                

            
	
               

              Simple
                (Hong Kong) Investment & Management Company Limited 

               

            	
               

              4%

            	
               

              2,000

            	
               

              320,000
                

            
	
               

              First
                Capital Limited 

               

            	
               

              8%

            	
               

              4,000

            	
               

              640,000
                

            
	
               

              Shenzhen
                Dingyi Investment Company Limited 

               

            	
               

              7%

            	
               

              3,500

            	
               

              560,000
                

            
	
               

              China
                US Bridge Capital Limited

               

            	
               

              10%

            	
               

              5,000

            	
               

              800,000
                

            

    

    

    
      
        
        

      

      
        23Unassociated Document

    Exhibit
      10.1

    Mushakov
      Employment Agreement

    EMPLOYMENT
      AGREEMENT

    

    EMPLOYMENT
      AGREEMENT, dated as of July 27, 2006 (this “Agreement”), between NOVASTAR
      RESOURCES LTD., a Nevada corporation (the “Company”), and ANDREY MUSHAKOV, an
      individual (the “Executive”).

     

     

    BACKGROUND

    

    The
      Company is entering into a merger agreement on or about the date hereof (the
      “Merger Agreement”), pursuant to which the Company is acquiring all of the
      issued and outstanding capital stock of Thorium Power, Inc (“Thorium Power”).
      The Executive is an Executive at Thorium Power. The execution and delivery
      of
      this Agreement is a condition precedent to the consummation of the transactions
      contemplated by the Merger Agreement (the “Closing”).

     

    

    The
      Company wishes to secure the services of the Executive as the Executive Vice
      President - International Nuclear Operations of the Company upon the terms
      and
      conditions hereinafter set forth, and the Executive wishes to render such
      services to the Company upon the terms and conditions hereinafter set forth.
      

     

    

    AGREEMENT

    

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

     

    1. Employment
      by the Company. The Company agrees to employ the Executive in the position
      of Executive Vice President - International Nuclear Operations and the Executive
      accepts such employment and agrees to perform the duties that are customarily
      performed of an Executive Vice President of a company like the Company. Except
      to the extent that the Executive deems it necessary to tend to the affairs
      of
      Thorium Power prior to the Closing, the Executive agrees to devote his full
      business time and energies to the business of the Company and/or its
      Subsidiaries and/or Affiliates and to faithfully, diligently and competently
      perform his duties hereunder.

     

    2. Term
      of Employment. The term of this Employment Agreement (the "Term") shall be
      for the initial period commencing on the date that the Company provides the
      Executive with a certificate of insurance that indicates that the Company has
      obtained directors and officers liability insurance coverage sufficient to
      cover
      liabilities of at least $5,000,000 and ending on the fifth anniversary of the
      date thereof (provided that the provisions of Section 6 hereof shall survive
      any
      such termination), unless the Executive is earlier terminated as provided in
      Section 4 hereof. The Term of this Agreement shall automatically be extended
      for
      additional one year periods following the expiration of the initial Term unless
      either party notifies the other party in writing that it does not want to renew
      this Agreement within 30 days prior to the expiration of the initial Term or
      any
      renewal Term.

     

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    

     

    3. Compensation.
      As full compensation for all services to be rendered by the Executive to the
      Company and/or its Subsidiaries and/or Affiliates in all capacities during
      the
      Term, the Executive shall receive the following compensation and
      benefits:

     

    3.1 Salary.
      An
      annual base salary of $160,000 (the "Base Salary") payable not less frequently
      than monthly or at more frequent intervals in accordance with the then customary
      payroll practices of the Company. The board of directors of the Company shall
      review the Executive’s performance on an annual basis and shall suggest
      increases (but not decreases) to the Executive’s Base Salary as the board of
      directors of the Company deems appropriate.

     

    3.2 Equity
      Participation.
      

     

    (a) As
      a
      signing bonus, the Company shall promptly (and in any event, within 5 business
      days) issue to the Executive 1,500,000 shares of the Company’s Restricted Common
      Stock. The Executive shall not directly or indirectly sell, transfer or
      otherwise dispose of 750,000 of such shares for a period of one year and the
      remaining 750,000 shares for a period of two years, except for sales, transfers
      or other dispositions made to family members, for estate planning purposes,
      or
      pursuant to a qualified domestic relations order; provided that the transferee
      in such instance agrees in writing to be similarly bound to such transfer
      restriction. For the avoidance of doubt, all 1,500,000 shares are immediately
      earned upon issuance and not subject to any vesting or repurchase right in
      favor
      of the Company or any other person. The shares will bear a customary restrictive
      legend that refers to the aforementioned transfer restriction and applicable
      transfer restrictions under the Securities Act of 1933 and the stop transfer
      orders shall be imposed against the shares.

     

    (b) The
      Executive shall be eligible to participate in the Company's 2006 Stock Plan
      (the
      "Plan"). The Executive shall, upon execution of this Agreement, be granted
      options to acquire 2,250,000 shares of Common Stock, $0.001 par value, of the
      Company pursuant to the Plan. Upon signing of the Employment Agreement, 234,375
      shares underlying the Option shall become vested. The remaining 2,015,625 shares
      underlying the Option shall vest in equal monthly installments of 46,875 shares;
      provided that the Option shall immediately vest upon a Change of Control (as
      defined below) of the Executive, termination of the Executive by the Company
      without Cause (as defined below), or the cessation by the Executive of his
      employment with the Company for Good Reason (as defined below). Such options
      are
      intended to be nonqualified stock options, with an exercise price equal to
      the
      fair market value of the Company’s Common Stock on the date of grant. The term
      of the option will be ten years. The Executive will receive additional option
      grants in the future as may be determined by the board of directors of the
      Company.

     

    3.3 Bonus.
      In
      addition to the Base Salary, the Executive shall be entitled to an annual
      incentive bonus of up to 50% of the Executive’s Base Salary. In making its
      determination of what percentage of Base Salary the Executive will be entitled
      to as a bonus, if any, the board of directors of the Company will consider
      the
      Company’s progress with regard to achievement of the following milestones: new
      patents, government grants, appropriations, and contracts, partnering and
      teaming arrangements with other companies (including the University of Texas
      and
      Kurchatov Institute), testing and other advancement of technology in Russia,
      Europe and elsewhere, revenues, attracting other qualified key employees, and
      investor relations. 

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    

     

    3.4 Participation
      in Employee Benefit Plans; Other Benefits.
      The
      Executive shall be permitted during the Term to participate in all employee
      benefit plans, policies and practices now or hereafter maintained by or on
      behalf of the Company commensurate with the Executive's position with the
      Company. During the Term, the Company will maintain a group health and dental
      program, group life insurance, short and long term disability insurance, 401(k)
      plan, paid vacation, paid sick leave, paid holidays and unpaid
      leave.

     

    3.5 Expenses.
      The
      Company shall pay or reimburse the Executive for all reasonable and necessary
      expenses actually incurred or paid by the Executive during the Term in the
      performance of the Executive's duties under this Agreement, upon submission
      and
      approval of expense statements, vouchers or other supporting information in
      accordance with the then customary practices of the Company.

     

    3.6 Vacation.
      The
      Executive shall be entitled to four weeks of paid vacation time per
      year.

     

    3.7 Withholding
      of Taxes.
      The
      Company may withhold from any benefits payable under this Agreement all federal,
      state, city and other taxes as shall be required pursuant to any law or
      governmental regulation or ruling.

     

    3.8 Credit
      From Thorium Power Employment Agreement.
      The
      Company acknowledges and agrees that the Executive is currently acting, and
      will
      continue to act, as an Executive at Thorium Power and that Thorium Power does,
      and will continue to, compensate the Executive for the performance of such
      services. The Executive shall cease receiving compensation from Thorium Power
      at
      the Closing. Until such time, any cash compensation actually received by the
      Executive from Thorium Power for services rendered in the Executive’s capacity
      as an Executive at Thorium Power shall be credited toward the cash components
      of
      the Executive’s compensation under this Section 3.

     

    4. Termination.

     

    4.1 Termination
      upon Death.
      If the
      Executive dies during the Term, this Agreement shall terminate as of the date
      of
      his death.

     

    4.2 Termination
      upon Disability.
      If
      during the Term the Executive becomes physically or mentally disabled, whether
      totally or partially, so that the Executive is unable to perform his essential
      job functions hereunder for a period aggregating 180 days during any
      twelve-month period, and it is determined by a physician acceptable to both
      the
      Company and the Executive that, by reason of such physical or mental disability,
      the Executive shall be unable to perform the essential job functions required
      of
      him hereunder for such period or periods, the Company may, by written notice
      to
      the Executive, terminate this Agreement, in which event the Term shall terminate
      10 days after the date upon which the Company shall have given notice to the
      Executive of its intention to terminate this Agreement because of the
      disability. 

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    

     

    4.3 Termination
      for Cause.
      The
      Company may at any time by written notice to the Executive terminate this
      Agreement immediately and, except as provided in Section 5.2 hereof, the
      Executive shall have no right to receive any compensation or benefit hereunder
      on and after the date of such notice, in the event that an event of "Cause"
      occurs. For purposes of this Agreement "Cause" shall mean (a) conviction of
      a
      felony, bad faith or willful gross misconduct that, in any case, results in
      material damage to the business or reputation of the Company; (b) willful and
      continued failure to perform his duties hereunder (other than such failure
      resulting from the Executive’s incapacity due to physical or mental illness or
      after the issuance of a notice of termination by the Executive for Good Reason)
      within 30 days after the Company delivers to him a written demand for
      performance that specifically identifies the actions to be performed; or (c)
      a
      material breach of any of the covenants set forth in the Employment Agreement.
      For purposes of this Section 4.3, no act or failure to act by the Executive
      shall be considered “willful” if such act is done by the Executive in the good
      faith belief that such act is or was to be beneficial to the Company or one
      or
      more of its businesses, or such failure to act is due to the Executive’s good
      faith belief that such action would be materially harmful to the Company or
      one
      of its businesses. Cause shall not exist unless and until the Company has
      delivered to the Executive a copy of a resolution duly adopted by the board
      of
      directors (excluding the Executive for purposes of adoption) at a meeting of
      the
      board of directors of the Company called and held for such purpose after
      reasonable (but in no event less than thirty days’) notice to the Executive and
      an opportunity for the Executive, together with his counsel, to be heard before
      the board, finding that in the good faith opinion of the board that “Cause”
exists and specifying the particulars thereof in detail. This Section 4.3 shall
      not prevent the Executive from challenging in any court of competent
      jurisdiction the board of directors’ determination that Cause exists or that the
      Executive has failed to cure any act (or failure to act) that purportedly formed
      the basis for the board of directors’ determination.

     

    4.4 Termination
      without Cause.
      The
      Company may terminate this Employment Agreement at any time, without cause,
      upon
      30 days' written notice by the Company to the Executive and, except as provided
      in Section 5.1 hereof, the Executive shall have no right to receive any
      compensation or benefit hereunder after such termination.

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    

     

    4.5 Termination
      for Good Reason.
      The
      Executive may terminate his employment for Good Reason after giving the Company
      detailed written notice thereof, if the Company shall have failed to cure the
      event or circumstance constituting Good Reason within 30 business days after
      receiving such notice. “Good Reason” shall mean the occurrence of any of the
      following without the written consent of the Executive: (a) the assignment
      to
      the Executive of duties inconsistent with this Agreement or a change in his
      titles or authority; (b) any failure by the Company to comply with Section
      3
      hereof in any material way; (c) the requirement of the Executive to relocate
      to
      a location that is more than [50] miles from the Executive’s work location on
      the effective date of this Agreement, (d) any material breach of this Agreement
      by the Company, or (e) a “Change of Control”. The Executive’s right to terminate
      his employment hereunder for Good Reason shall not be affected by his incapacity
      due to physical or mental illness. The Executive’s continued employment shall
      not constitute consent to, or a waiver of rights with respect to, any act or
      failure to act constituting Good Reason. For purposes of this Agreement, a
      “Change of Control” shall be deemed to have occurred if (i) a tender offer shall
      be made and consummated for the ownership of more than 50% of the outstanding
      voting securities of the Company, (ii) the Company shall be merged or
      consolidated with another corporation or entity and as a result of such merger
      or consolidation less than 50% of the outstanding voting securities of the
      surviving or resulting corporation or entity shall be owned in the aggregate
      by
      former shareholders of the Company, as the same shall have existing immediately
      prior to such merger or consolidation, (iii) the Company shall sell, lease,
      or
      otherwise dispose of, all or substantially all of its assets to another
      corporation or entity which is not a wholly-owned subsidiary, or (iv) a person,
      within the meaning of Section 3(a)(9) or Section 13(d)(3) (as in effect on
      the
      date hereof) of the Securities Exchange Act of 1934 shall acquire more than
      50%
      of the outstanding voting securities of the Company (whether directly,
      indirectly, beneficially, or of record). Notwithstanding the foregoing, the
      transactions contemplated by the Merger Agreement shall not constitute a Change
      of Control.

     

    4.6 Without
      Good Reason.
      The
      Executive shall have the right to terminate his employment hereunder without
      Good Reason by providing the Company with 30 days advance written notice of
      termination.

     

    5. Severance
      Payments.

     

    5.1 Certain
      Severance Payments.
      If
      during the Term this Agreement is terminated pursuant to any of Sections 4.1,
      4.2, 4.4 or 4.5, all compensation payable to the Executive under Section 3
      hereof shall cease as of the date of termination specified in the Company's
      notice (the "Termination Date"), and the Company shall pay to the Executive,
      subject to Section 6 hereof, the following sums: (i) the Base Salary on the
      Termination Date for six (6) months (the "Severance Period"), payable in monthly
      installments; (ii) benefits under group health, dental and life insurance plans
      and such other plans referred to in Section 3.2 that the Executive may continue
      to participate in as a non-employee through the Severance Period; and (iii)
      all
      previously earned, accrued, and unpaid benefits from the Company and its
      employee benefit plans, including any such benefits under the Company's pension,
      disability, and life insurance plans, policies, and programs. If, prior to
      the
      date on which the Company's obligations under clause (i) of this Section 5.1
      cease, the Executive violates Section 6 hereof, then the Company shall have
      no
      obligation to make any of the payments that remain payable by the Company under
      clauses (i) and (ii) of this Section 5.1 on or after the date of such
      violation.

     

    

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    

     

    Notwithstanding
      the foregoing, if, based on Internal Revenue Service guidance available as
      of
      the date the payment or provision of any amount or other benefit is specified
      to
      be made under this Agreement or elsewhere, the Company reasonably determines
      that the payment or provision of such amount or other benefit at such specified
      time may potentially subject the Executive to “additional tax” under Section
      409A(a)(1)(B) of the Code (together with any interest or penalties imposed
      with
      respect to, or in connection with, such tax, a “409A Tax”) with respect to the
      payment of such amount or the provision of such benefit, and if payment or
      provision thereof at a later date would likely avoid any such 409A Tax, then
      the
      payment or provision thereof shall be postponed to the earliest business day
      on
      which the Company reasonably determines such amount or benefit can be paid
      or
      provided without incurring any such 409A Tax, but in no event later than the
      first business day after the six-month anniversary of the Executive’s
      termination date (the “Delayed Payment Date”). In addition, if the Company
      reasonably determines that such 409A Tax with respect to the provision of a
      benefit can likely be avoided by replacing the benefit with the payment of
      an
      amount in cash equal to the cost of a substantially equivalent benefit then,
      in
      lieu providing such benefit, the Company may make such cash payment, subject
      to
      the preceding sentence. The Company and the Executive may agree to take other
      actions to avoid the imposition of 409A Tax at such time and in such manner
      as
      permitted under Section 409A. In the event that a delay of any payment is
      required under this provision, such payment shall be accumulated and paid in
      a
      single lump sum on the Delayed Payment Date together with interest for the
      period of delay, compounded monthly, equal to the prime or base lending rate
      then used by CitiBank, N.A., in New York City and in effect as of the date
      the
      payment would otherwise have been provided. 

     

    5.2 Payments
      upon Termination for Cause or Termination without Good Reason.
      If this
      Employment Agreement is terminated by the Company pursuant to Section 4.3 hereof
      or by the Executive pursuant to Section 4.6 hereof, the Executive shall receive
      only the amounts specified in clause (iii) of Section 5.1 hereof.

     

    6. Certain
      Covenants of the Executive.

     

    6.1 Covenants.
      The
      Executive acknowledges that: (i) he is one of the limited number of persons
      who
      will develop the business of the Company (the "Company's Current Lines of
      Business"); (ii) the Company conducts its business on a nationwide basis; (iii)
      his work for the Company has brought him and, from and after the Closing, his
      work for the Company and its Subsidiaries and Affiliates, will continue to
      bring
      him into close contact with many confidential affairs not readily available
      to
      the public; (iv) the Company would not consummate the transactions contemplated
      by the Merger Agreement but for the agreements and covenants of the Executive
      contained herein; and (v) the covenants contained in this Section 6 will not
      involve a substantial hardship upon his future livelihood. In order to induce
      the Company to execute and deliver the Merger Agreement and to induce the
      Company to enter into this Employment Agreement, the Executive covenants and
      agrees that:

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    

     

    6.2 Non-Compete.
      During
      the Term and for a period of twelve (12) months following the termination of
      the
      Executive's employment with the Company or any of its Subsidiaries or Affiliates
      (the "Restricted Period"), the Executive shall not, directly or indirectly,
      (i)
      in any manner whatsoever engage in any capacity with any business competitive
      with the Company's Current Lines of Business or any business then engaged in
      by
      the Company, any of its Subsidiaries or any of its Affiliates (the "Company's
      Business") for the Executive's own benefit or for the benefit of any person
      or
      entity other than the Company or any Subsidiary or Affiliate; or (ii) have
      any
      interest as owner, sole proprietor, shareholder, partner, lender, director,
      officer, manager, employee, consultant, agent or otherwise in any business
      competitive with the Company's Business; provided,
      however,
      that
      the Executive may hold, directly or indirectly, solely as an investment, not
      more than two percent (2%) of the outstanding securities of any person or entity
      which are listed on any national securities exchange or regularly traded in
      the
      over-the-counter market notwithstanding the fact that such person or entity
      is
      engaged in a business competitive with the Company's Business. In addition,
      during the Restricted Period, the Executive shall not develop any property
      for
      use in the Company's Business on behalf of any person or entity other than
      the
      Company, its Subsidiaries and Affiliates.

     

    6.3 Confidential
      Information.
      During
      the Restricted Period, the Executive shall not, directly or indirectly, disclose
      to any person or entity who is not authorized by the Company or any Subsidiary
      or Affiliate to receive such information, or use or appropriate for his own
      benefit or for the benefit of any person or entity other than the Company or
      any
      Subsidiary or Affiliate, any documents or other papers relating to the Company's
      Business or the customers of the Company or any Subsidiary or Affiliate,
      including, without limitation, files, business relationships and accounts,
      pricing policies, customer lists, computer software and hardware, or any other
      materials relating to the Company's Business or the customers of the Company
      or
      any Subsidiary or Affiliate or any trade secrets or confidential information,
      including, without limitation, any business or operational methods, drawings,
      sketches, designs or product concepts, know-how, marketing plans or strategies,
      product development techniques or plans, business acquisition plans, financial
      or other performance data, personnel and other policies of the Company or any
      Subsidiary or Affiliate, whether generated by the Executive or by any other
      person, except as required in the course of performing his duties hereunder
      or
      with the express written consent of the Company; provided,
      however,
      that
      the confidential information shall not include any information readily
      ascertainable from public or published information, or trade sources (other
      than
      as a direct or indirect result of unauthorized disclosure by the
      Executive).

     

    6.4 Employees
      of and Consultants to the Company.
      During
      the Restricted Period, the Executive shall not, directly or indirectly (other
      than in furtherance of the business of the Company), initiate communications
      with, solicit, persuade, entice, induce or encourage any individual who is
      then
      or who has been within the 12-month period preceding the Executive’s termination
      of employment with the Company, an employee of or consultant to the Company
      or
      any of its Subsidiaries or Affiliates to terminate employment with, or a
      consulting relationship with, the Company or such Subsidiary or Affiliate,
      as
      the case may be, or to become employed by or enter into a contract or other
      agreement with any other person, and the Executive shall not approach any such
      employee or consultant for any such purpose or authorize or knowingly approve
      the taking of any such actions by any other person.

     

    6.5 Solicitation
      of Customers.
      During
      the Restricted Period, the Executive shall not, directly or indirectly, initiate
      communications with, solicit, persuade, entice, induce, encourage (or assist
      in
      connection with any of the foregoing) any person who is then or has been within
      the 12-month period preceding the Executive’s termination of employment with the
      Company a customer or account of the Company or its Subsidiaries or Affiliates,
      or any actual customer leads whose identity the Executive learned during the
      course of his employment with the Company, to terminate or to adversely alter
      its contractual or other relationship with the Company or its Subsidiaries
      or
      Affiliates.

     

    
      
         

      

      
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    6.6 Rights
      and Remedies Upon Breach.
      If the
      Executive breaches, or threatens to commit a breach of, any of the provisions
      of
      Section 6 hereof (collectively, the "Restrictive Covenants"), the Company and
      its Subsidiaries and Affiliates shall, in addition to the rights set forth
      in
      Section 5.1 hereof, have the right and remedy to seek from any court of
      competent jurisdiction specific performance of the Restrictive Covenants or
      injunctive relief against any act which would violate any of the Restrictive
      Covenants, it being acknowledged and agreed that any such breach or threatened
      breach will cause irreparable injury to the Company and its Subsidiaries and
      Affiliates and that money damages will not provide an adequate remedy to the
      Company and its Subsidiaries and Affiliates.

     

    6.7 Severability
      of Covenants.
      If any
      of the Restrictive Covenants, or any part thereof, is held by a court of
      competent jurisdiction or any foreign, federal, state, county or local
      government or other governmental, regulatory or administrative agency or
      authority to be invalid, void, unenforceable or against public policy for any
      reason, the remainder of the Restrictive Covenants shall remain in full force
      and effect and shall in no way be affected, impaired or invalidated, and such
      court, government, agency or authority shall be empowered to substitute, to
      the
      extent enforceable, provisions similar thereto or other provisions so as to
      provide to the Company and its Subsidiaries and Affiliates, to the fullest
      extent permitted by applicable law, the benefits intended by such
      provisions.

     

    6.8 Enforceability
      in Jurisdictions.
      The
      parties intend to and hereby confer jurisdiction to enforce the Restrictive
      Covenants upon the courts of any jurisdiction within the geographical scope
      of
      such Covenants. If the courts of any one or more of such jurisdictions hold
      the
      Restrictive Covenants wholly invalid or unenforceable by reason of the breadth
      of such scope or otherwise, it is the intention of the parties that such
      determination not bar or in any way affect the Company's right to the relief
      provided above in the courts of any other jurisdiction within the geographical
      scope of such Restrictive Covenants, as to breaches of such Restrictive
      Covenants in such other respective jurisdictions, such Restrictive Covenants
      as
      they relate to each jurisdiction being, for this purpose, severable into diverse
      and independent covenants.

     

    7. Indemnification.

     

    7.1 General.
      The
      Company agrees that if the Executive is made a party or is threatened to be
      made
      a party to any action, suit or proceeding, whether civil, criminal,
      administrative or investigative (a "Proceeding"), other than a Proceeding
      initiated by the Company to enforce its rights under this Agreeemnt, by reason
      of the fact that the Executive is or was a trustee, director or officer of
      the
      Company, or any predecessor to the Company or any of their Affiliates or is
      or
      was serving at the request of the Company, any predecessor to the Company,
      or
      any of their affiliates as a trustee, director, officer, member, employee or
      agent of another corporation or a partnership, joint venture, limited liability
      company, trust or other enterprise, including, without limitation, service
      with
      respect to employee benefit plans, whether or not the basis of such Proceeding
      is alleged action in an official capacity as a trustee, director, officer,
      member, employee or agent while serving as a trustee, director, officer, member,
      employee or agent, the Executive shall be indemnified and held harmless by
      the
      Company to the fullest extent authorized by Nevada law, as the same exists
      or
      may hereafter be amended, against all Expenses incurred or suffered by the
      Executive in connection therewith, and such indemnification shall continue
      as to
      the Executive even if the Executive has ceased to be an officer, director,
      trustee or agent, or is no longer employed by the Company and shall inure to
      the
      benefit of his heirs, executors and administrators. Notwithstanding the
      foregoing, the Executive shall not be entitled to indemnification by the Company
      in respect of, and to the extent that, any Expenses arising as a result of
      the
      bad faith, willful misconduct or gross negligence of the Executive, or the
      Executive’s conviction of a felony. 

     

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    

     

    7.2 Expenses.
      As used
      in this Agreement, the term "Expenses" shall include, without limitation,
      damages, losses, judgments, liabilities, fines, penalties, excise taxes,
      settlements, and costs, attorneys' fees, accountants' fees, and disbursements
      and costs of attachment or similar bonds, investigations, and any expenses
      of
      establishing a right to indemnification under this Agreement.

     

    7.3 Enforcement.
      If a
      claim or request under this Section 7 is not paid by the Company or on its
      behalf, within thirty (30) days after a written claim or request has been
      received by the Company, the Executive may at any time thereafter bring suit
      against the Company to recover the unpaid amount of the claim or request and
      if
      successful in whole or in part, the Executive shall be entitled to be paid
      also
      the expenses of prosecuting such suit. All obligations for indemnification
      hereunder shall be subject to, and paid in accordance with, applicable
      Nevada law.

     

    7.4 Partial
      Indemnification.
      If the
      Executive is entitled under any provision of this Agreement to indemnification
      by the Company for some or a portion of any Expenses, but not, however, for
      the
      total amount thereof, the Company shall nevertheless indemnify the Executive
      for
      the portion of such Expenses to which the Executive is entitled.

     

    7.5 Advances
      of Expenses.
      Expenses incurred by the Executive in connection with any Proceeding shall
      be
      paid by the Company in advance upon request of the Executive that the Company
      pay such Expenses, but only in the event that the Executive shall have delivered
      in writing to the Company (i) an undertaking to reimburse the Company for
      Expenses with respect to which the Executive is not entitled to indemnification
      and (ii) a statement of his good faith belief that the standard of conduct
      necessary for indemnification by the Company has been met.

     

    7.6 Notice
      of Claim.
      The
      Executive shall give to the Company notice of any claim made against him for
      which indemnification will or could be sought under this Agreement. In addition,
      the Executive shall give the Company such information and cooperation as it
      may
      reasonably require and as shall be within the Executive's power and at such
      times and places as are convenient for the Executive.

     

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

    

     

    7.7 Defense
      of Claim.
      With
      respect to any Proceeding as to which the Executive notifies the Company of
      the
      commencement thereof:

     

    (a) The
      Company will be entitled to participate therein at its own expense;

     

    (b) Except
      as
      otherwise provided below, to the extent that it may wish, the Company will
      be
      entitled to assume the defense thereof, with counsel reasonably satisfactory
      to
      the Executive, which in the Company's sole discretion may be regular counsel
      to
      the Company and may be counsel to other officers and directors of the Company
      or
      any subsidiary. The Executive also shall have the right to employ his own
      counsel in such action, suit or proceeding if he reasonably concludes that
      failure to do so would involve a conflict of interest between the Company and
      the Executive, and under such circumstances the fees and expenses of such
      counsel shall be at the expense of the Company.

     

    (c) The
      Company shall not be liable to indemnify the Executive under this Agreement
      for
      any amounts paid in settlement of any action or claim effected without its
      written consent. The Company shall not settle any action or claim in any manner
      which would impose any penalty that would not be paid directly or indirectly
      by
      the Company or limitation on the Executive without the Executive's written
      consent. Neither the Company nor the Executive will unreasonably withhold or
      delay their consent to any proposed settlement.

     

    (d) Non-exclusivity.
      The
      right to indemnification and the payment of expenses incurred in defending
      a
      Proceeding in advance of its final disposition conferred in this Section 7
      shall
      not be exclusive of any other right which the Executive may have or hereafter
      may acquire under any statute or certificate of incorporation or by-laws of
      the
      Company or any subsidiary, agreement, vote of shareholders or disinterested
      directors or trustees or otherwise.

     

    8. Other
      Provisions.

     

    8.1 Notices.
      Any
      notice or other communication required or which may be given hereunder shall
      be
      in writing and shall be delivered personally, telecopied, telegraphed or
      telexed, or sent by certified, registered or express mail, postage prepaid,
      to
      the parties at the addresses specified on the signature page hereto, or at
      such
      other addresses as shall be specified by the parties by like notice, and shall
      be deemed given when so delivered personally, telecopied, telegraphed or
      telexed, or if mailed, two days after the date of mailing, to the addresses
      specified on the signature page hereto, or, in the case of the Company, to
      such
      other address as the Company may specify as the address for its executive
      offices in any reports filed by the Company with the Securities and Exchange
      Commission.

     

    8.2 Entire
      Agreement.
      This
      Agreement contains the entire agreement between the parties with respect to
      the
      subject matter hereof and supersedes all prior contracts and other agreements,
      written or oral, with respect thereto. 

     

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

    

     

    8.3 Waivers
      and Amendments.
      This
      Agreement may be amended, modified, superseded, cancelled, renewed or extended,
      and the terms and conditions hereof may be waived, only by a written instrument
      signed by the parties or, in the case of a waiver, by the party waiving
      compliance. No delay on the part of any party in exercising any right, power
      or
      privilege hereunder shall operate as a waiver thereof, nor shall any waiver
      on
      the part of any party of any right, power or privilege hereunder, nor any single
      or partial exercise of any right, power or privilege hereunder preclude any
      other or further exercise thereof or the exercise of any other right, power
      or
      privilege hereunder.

     

    8.4 Governing
      Law.
      This
      Agreement shall be governed by, and construed in accordance with and subject
      to,
      the laws of the State of Nevada applicable to agreements made and to be
      performed entirely within such state.

     

    8.5 Binding
      Effect; Benefit.
      This
      Agreement shall inure to the benefit of and be binding upon the parties hereto
      and any successors and assigns permitted or required by Section 8.6 hereof.
      Nothing in this Agreement, expressed or implied, is intended to confer on any
      person other than the parties hereto or such successors and assigns, any rights,
      remedies, obligations or liabilities under or by reason of this
      Agreement.

     

    8.6 Assignment.
      This
      Agreement, and the Executive's rights and obligations hereunder, may not be
      assigned by the Executive. The Company may assign this Agreement and its rights,
      together with its obligations, hereunder in connection with any sale, transfer
      or other disposition of all or substantially all of its assets or business,
      whether by merger, consolidation or otherwise.

     

    8.7 Definitions.
      For
      purposes of this Agreement:

     

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

    

     

    (a) "Affiliate"
      shall
      mean a person that, directly or indirectly, controls or is controlled by, or
      is
      under common control with the Company;

     

    (b) "control"
      (including, with correlative meaning, the terms "controlled by" and "under
      common control with") as used with respect to any person or entity, shall mean
      the possession, directly or indirectly, of the power to direct or cause the
      direction of the management and policies of such person or entity, whether
      through ownership of voting securities or by contract or other agreement or
      otherwise; and

     

    (c) “Subsidiary"
      shall
      mean any person or entity as to which the Company, directly or indirectly,
      owns
      or has the power to vote, or to exercise a controlling influence with respect
      to, fifty percent (50%) or more of the securities of any class of such person,
      the holders of which class are entitled to vote for the election of directors
      (or persons performing similar functions) of such person.

     

    8.8 Counterparts.
      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
      instrument.

     

    8.9 Headings.
      The
      headings in this Agreement are for reference purposes only and shall not in
      any
      way affect the meaning or interpretation of this Employ-ment
      Agreement.

     

    

    

    [Signature
      Page Follows]

    
      
         

      

      
        12

        
          

        

      

      
         

      

    

    IN
      WITNESS WHEREOF, the parties have executed this Agreement as of the date first
      above written.

    

    

    
      	 	
              NOVASTAR
                RESOURCES LTD.

            
	 	 
	 	 
	 	 
	 	
              By:
                /s/ Seth Grae

            
	 	
              Name:
                Seth Grae

            
	 	
              Title:
                Chief Executive Officer

            
	 	 
	 	
              Address:   
                8300 Greensboro Drive

            
	 	
              Suite
                800

            
	 	
              McLean,
                VA 22102

            
	 	 
	 	
              EXECUTIVE:

            
	 	 
	 	 
	 	 
	 	
              /s/
                Andrey Mushakov

            
	 	
              Name:
                Andrey Mushakov

            
	 	
              Address: 
                 1701 East West Hwy., Apt. 401

            
	 	
              Silver
                Spring, MD 20910

            

    

    

    

    
      
         

      

      
        13

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