Document:

Unassociated Document

    
      BRIDGE
LOAN NOTE

    

     

    As of
March 4, 2010

     

    $500,000.00

     

    FOR VALUE
RECEIVED, EPIC ENERGY RESOURCES, INC., a Colorado corporation (“Borrower”),
promises to pay to the order of CASTEX NEW VENTURES, L.P., a [_______] limited
partnership (“Lender”), 333 N. Sam Houston Pkwy E., Suite 1060,
Houston, TX 77060, the principal sum of $500,000.00, or such lesser principal
amount as may be from time to time outstanding hereunder, together with interest
on the outstanding unpaid balance of such principal amount at the interest rate
provided below.

     

    Subject
to the conditions set forth herein, the Lender will make loans under this Bridge
Loan Note to the Borrower from time to time until June 1, 2010, in an aggregate
amount of up to $500,000.00 at any time outstanding.  The Borrower
may, prior to maturity, borrow, repay and reborrow such amount from the
Lender.

     

    
      	
               
      

            	
              1.

            	
              Interest
      Rate Options.  Interest on each outstanding loan made
      hereunder shall accrue at a rate of ten percent (10.00%) per annum
      (compounded annually).

            

    

     

    
      	
               
      

            	
              2.

            	
              Default
      Interest Rate.  Notwithstanding any provision of this
      Bridge Loan Note to the contrary, upon any Default (as defined below) or
      at any time during the continuation thereof (including failure to pay upon
      maturity whether by acceleration or otherwise and including both before
      and after the commencement of an insolvency or bankruptcy proceeding), the
      Lender may, at its option and subject to applicable law, increase the
      interest rate on loans outstanding under this Bridge Loan Note to a rate
      of twelve percent (12.00%) per
annum.

            

    

     

    
      	
               
      

            	
              3.

            	
              Maximum
      Interest Rate.  In no event will the interest rate
      hereunder exceed that permitted by applicable law.  If any
      interest or other charge is finally determined by a court of competent
      jurisdiction to exceed the maximum amount permitted by law, the interest
      or charge shall be reduced to the maximum permitted by law, and the Lender
      may credit any excess amount previously collected against the balance due,
      or refund the amount to the
Borrower.

            

    

     

    
      	
               
      

            	
              4.

            	
              Payment
      of Principal and Interest; Maturity Date.  All principal
      outstanding on this Bridge Loan Note is payable at maturity, which is the
      earliest of (a) three (3) business days following written demand to the
      Borrower from the Lender, (b) June 1, 2010, and (c) the
      date on which the Lender’s obligation to make additional Loans to the
      Borrower under this Bridge Loan Note is terminated pursuant to Paragraph 7
      below (such earliest date, the “Maturity Date”).  Interest is
      payable on the date of any repayment of any loans hereunder and on the
      Maturity Date.

            

    

     

    
      	
               
      

            	
              5.

            	
              Advances
      and Paying Procedure.  The Borrower shall give the Lender
      written notice (effective upon receipt) of the Borrower’s intent to borrow
      under this Bridge Loan Note no later than 10:00 a.m. Central time on
      a business day in substantially the form of Exhibit A
      attached hereto (a “Loan Request”).  Each loan will be in an
      integral multiple of $10,000.00.  The Borrower will provide to
      the Lender wire transfer instructions at the time of each requested
      loan.

            

    

     

    
      	
               
      

            	
              6.

            	
              Conditions
      Precedent to Each Advance.  Before any loan hereunder
      will be made, the following conditions must be satisfied: (i) the Borrower
      shall have delivered a Loan Request, duly executed and completed;
      (ii) immediately after giving effect to such loan, the aggregate
      principal amount of the Loans shall not exceed $500,000.00, and
      (iii) no Default shall have occurred and be continuing, and no event
      shall have occurred which would constitute the occurrence of a Default
      after any grace or cure period has
passed.

            

    

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    
      	
               
      

            	
              7.

            	
              Defaults.  Notwithstanding
      any cure periods described below, the Borrower shall promptly notify the
      Lender in writing when the Borrower obtains knowledge of the occurrence of
      any default specified below (a “Default”).  Regardless of
      whether the Borrower has given the required notice, the occurrence of one
      or more of the following shall constitute a
  Default:

            

    

     

    
      	
               
      

            	
              a.

            	
              Nonpayment.  The
      Borrower shall fail to pay (i) any interest due on this Bridge Loan Note
      by 10 days after the same becomes due; or (ii) any principal amount of
      this Bridge Loan Note when due.

            

    

     

    
      	
               
      

            	
              b.

            	
              Inability
      to Perform; Bankruptcy/Insolvency.  Any bankruptcy,
      insolvency or receivership proceedings, or an assignment for the benefit
      of creditors, shall be commenced under any Federal or state law by or
      against the Borrower that is unstayed or undismissed for 30
      days.

            

    

     

    
      	
               
      

            	
              8.

            	
              Termination
      of Commitment to Advance Loans.  Upon the occurrence of
      any of the events identified in Paragraph 7(a),
      the Lender may at any time immediately terminate its obligation to make
      additional Loans to the Borrower.  Upon the occurrence of any of
      the events identified in Paragraph 7(b),
      the Lender’s obligation to make additional Loans to the Borrower shall
      immediately and automatically
terminate.

            

    

     

    
      	
               
      

            	
              9.

            	
              Acceleration
      of Obligations.  Upon the occurrence of any of the events
      identified in Paragraph 7(a),
      and the passage of any applicable cure periods, the Lender may at any time
      thereafter, by written notice to the Borrower, declare the unpaid
      principal balance of any loans, together with the interest accrued
      thereon, to be immediately due and payable; and the unpaid balance shall
      thereupon be due and payable, all without presentation, demand, protest or
      further notice of any kind, all of which are hereby waived,
      notwithstanding anything to the contrary contained herein.  Upon
      the occurrence of any event under Paragraph 7(b),
      the unpaid principal balance of all loans made pursuant hereto, together
      with all interest accrued thereon and other amounts accrued hereunder,
      shall thereupon be immediately due and payable, all without presentation,
      demand, protest or notice of any kind, all of which are hereby waived,
      notwithstanding anything to the contrary contained
  herein.

            

    

     

    
      	
            	
              10.

            	
              Warranties.  The
      Borrower makes the following
warranties:

            

    

     

    
      	
               
      

            	
              a.

            	
              Enforceability.  This
      Bridge Loan Note is the legal, valid and binding obligations of the
      Borrower, enforceable against the Borrower in accordance with its terms,
      except as enforceability may be limited by bankruptcy, insolvency, or
      similar laws affecting the enforcement of creditors’ rights generally or
      by equitable principles; and

            

    

     

    
      	
               
      

            	
              b.

            	
              Authority.  The
      execution, delivery and performance of this Bridge Loan Note and any other
      agreement delivered in connection herewith to which the Borrower is a
      party (i) are within the Borrower’s power; (ii) have been duly authorized
      by all appropriate entity action; (iii) do not require the approval
      of any governmental agency, public body or authority, or any subdivision
      thereof; (iv) will not violate (A) any law, rule, regulation, order, writ,
      judgment, injunction, decree or award binding on the Borrower, (B) any
      agreement (including the Borrower’s articles or certificate of
      incorporation, by-laws or other organizational documents or any indenture,
      material instrument or material agreement to which the Borrower is party
      or is subject) or (C) restriction by which the Borrower is bound; and (v)
      does not entitle any third party to accelerate any material debt of the
      Borrower or its subsidiaries owing to such third
  party.

            

    

     

    
      	
            	
              11.

            	
              Applicable
      Law and Jurisdiction; Interpretation; Severability.  THIS
      BRIDGE LOAN NOTE AND ANY OTHER AGREEMENT DELIVERED IN CONNECTION HEREWITH
      SHALL BE GOVERNED BY AND INTERPRETED IN ACCORDANCE WITH THE INTERNAL LAWS
      OF THE STATE OF TEXAS, EXCEPT TO THE EXTENT SUPERSEDED BY FEDERAL
      LAW.  Nothing herein shall affect the Lender’s right to serve
      process in any manner permitted by law, or limit the Lender’s right to
      bring proceedings against the Borrower in any other court having
      jurisdiction over Borrower.  This Bridge Loan Note, any other
      agreement delivered in connection herewith and any amendments hereto
      (regardless of when executed) will be deemed effective and accepted only
      upon the Lender’s receipt of the executed originals
      thereof.  Invalidity of any provision of this Bridge Loan Note
      shall not affect the validity of any other
  provision.

            

    

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    
      	
            	
              12.

            	
              Notices.  All
      notices and other communications hereunder shall be in writing, shall be
      directed to the applicable party at its address
  below:

            

    

     

    To the
Lender:

     

    Castex
New Ventures, L.P.

    333 N.
Sam Houston Pkwy E., Suite 1060,

    Houston,
TX 77060

    Attention:  Paul
Carnrite

    Phone:
281-878-0028

    Fax:
281-447-1009

     

    To the
Borrower:

     

    Epic
Energy Resources, Inc.

    1450 Lake
Robbins Dr., Ste 160

    The
Woodlands, TX 77380

    Attention:  Mike
Kinney, CFO

    Phone:  281-419-3742

    Fax:  281-419-1114

     

    
      	
            	
              13.

            	
              Waiver
      of Jury Trial.  THE BORROWER AND THE LENDER
      HEREBY JOINTLY AND SEVERALLY WAIVE ANY AND ALL RIGHT TO TRIAL BY JURY IN
      ANY ACTION OR PROCEEDING RELATING TO THIS AGREEMENT OR THE LOANS MADE
      PURSUANT HERETO.  THE BORROWER AND THE LENDER EACH REPRESENTS TO
      EACH OTHER THAT THIS WAIVER IS KNOWINGLY, WILLINGLY AND VOLUNTARILY
      GIVEN.

            

    

     

    
      	
            	
              14.

            	
              No
      Oral Agreements.  THIS AGREEMENT AND THE OTHER AGREEMENTS
      DELIVERED IN CONNECTION HEREWITH REPRESENT THE FINAL AGREEMENT AMONG THE
      PARTIES AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR CONTEMPORANEOUS
      OR SUBSEQUENT ORAL AGREEMENTS OF THE
PARTIES.

            

    

     

    THERE ARE NO UNWRITTEN ORAL AGREEMENTS
AMONG THE PARTIES.

     

     

    [Remainder of page intentionally
blank.]

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    
      
        	 	      
                Borrower:

                

                EPIC
      ENERGY RESOURCES, INC.,

                a
      Colorado corporation

              	 
	 	 	 
	 	 	 	 
	 	
                By:

              	/s/ John S.
      Ippolito	 
	 	 	John S.
      Ippolito	 
	 	 	President
      and CEO	 
	 	 	 	 

      

    

     

     

    
      
        
          	 	      
                        
                    Lender:

                    

                    CASTEX
      NEW VENTURES, L.P.,

                    a
      [_____] limited partnership

                  

                	 
	 	 	 
	 	 	 	 
	 	
                  By:
      

                	 	 
	 	Title: 
      	 	 
	 	 	 	 
	 	 	 	 

        

      

       

      
        
           

        

        
          4

          
            

          

        

        
           

        

      

    

     

    Exhibit
A

    FORM OF LOAN
REQUEST

     

    

    

    Re:  EPIC
ENERGY RESOURCES, INC.

     

    Ladies
and Gentlemen:

     

    This Loan
Request is delivered to you pursuant to Paragraph 6 of
the Bridge Loan Note dated as of March 4, 2010 (together with all amendments,
restatements, supplements and other modifications, if any, from time to time
made thereto, the “Bridge Loan Note”),
between EPIC ENERGY RESOURCES, INC., a Delaware corporation (the “Borrower”) and CASTEX
NEW VENTURES, L.P., (the “Lender”).  Unless
otherwise defined herein or the context otherwise requires, terms used herein
have the meanings provided in the Bridge Loan Note.

     

    The
Borrower hereby requests that a Loan be made in the aggregate principal amount
of $500,000.00 on March 4, 2010.

     

    The
Borrower hereby acknowledges that, pursuant to Paragraph 6 of
the Bridge Loan Note, before any loan will be made, no Default shall have
occurred and be continuing, and no event shall have occurred which would
constitute the occurrence of a Default after any grace or cure period has
passed.  In addition, the Borrower represents and warrants that, on
the date of such advances, and before and after giving effect thereto and to the
application of the proceeds therefrom, all statements set forth in Paragraphs 10(a) and
10(b) are true
and correct in all material respects.

     

    Please
wire transfer the proceeds of the borrowing to the following accounts: Epic
Corporate Account.

     

    IN
WITNESS WHEREOF, the Borrower has caused this request to be executed and
delivered by its duly authorized officer as of March 3, 2010.

     

    
      
        	 	      
                EPIC
      ENERGY RESOURCES, INC.,

                a
      Colorado corporation, as borrower

              	 
	 	 	 
	 	 	 	 
	
                 

              	
                By:
      

              	/s/ John
      S. Ippolito	 
	 	Name:  	John S.
      Ippolito	 
	 	Title:   	President
      and CEO	 
	 	 	 	 

      

    

     

    
      
         

      

      
        5MINTZ
& FRAADE, P.C.

    COUNSELORS
AT LAW

    488
MADISON AVENUE

    NEW YORK,
NEW YORK 10022

    
      
        
          	
                  TELEPHONE

                	
                  OF
      COUNSEL

                
	
                  (212)
      486-2500

                	
                  JAY
      D. FISCHER

                
	
                  ____

                	
                  EDWARD
      C. KRAMER

                
	
                  TELECOPIER

                	
                  KEVIN
      J. MCGRAW

                
	
                  (212)
      486-0701

                	
                  ARTHUR
      L. PORTER, JR

                
	 
      	
                  JON
      M. PROBSTEIN

                
	 
      	
                  SEYMOUR
      REITKNECHT

                
	 
      	
                  I.
      FREDERICK SHOTKIN

                

        

      

    

    

    February
22,
2010                             

    

    China
Fundamental Acquisition Corporation

    Room
2301, World-Wide House

    19 Des
Voeux Road

    Central,
Hong Kong

    

    Realink
Group Limited

    B2-D2-301
A Block Tiancheng Mansion, #2, Xinfeng Road,

    Deshengmenwai
Street,

    Xicheng
Dist.,

    Beijing,
P.R.China 100088

    

    Mr. Yabin
Liu

    1-1# A
5th
Building

    MINGGUANGCUN
Village

    Haidian
District

    Beijing,
China

    

    Mr. Fude
Zhang

    205# The
33rd
Building

    XIBAHE
ZHONGLI

    Chaoyang
District

    Beijing,
China

    

    Mr.
Yasheng Liu

    7 the
15th
Floor West Gate of the

    No. 2
Building,

    the East
of Jimenli

    Haidian
District,

    Beijing,
China

    Mr. Liguo
Liu

    72
Haiyang Road,

    Haigang
District,

    Qinhuandao
City,

    Hebei,
China.

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

    

    
      	
               
      

            	
              Re:

            	
              Escrow
      Agreement In Connection With the Share Purchase Agreement (the “Share
      Purchase Agreement”) dated as of the 30th
      day of November, 2009 by and among China Fundamental Acquisition
      Corporation (the “Company”), Realink Group Limited
      (“Realink”),  Mr. Yabin Liu (“Yabin Liu”), Mr. Fude Zhang (“Fude
      Zhang”), Mr. Liguo Liu (“Liguo Liu”) Mr. Yasheng Liu (“Yasheng Liu”) and
      the other parties thereto

            

    

    

    Gentlemen:

    

    Mintz
& Fraade, P.C., (hereinafter referred to as the “Escrow Agent”) agrees to
act as escrow agent pursuant to the following terms of this Escrow
Agreement:

    

    1.           In
connection with the Share Purchase Agreement by and among the Company, Realink,
Yabin Liu, Fude Zhang, Liguo Liu, Yasheng Liu (“Yasheng Liu”; Yabin Liu, Fude
Zhang, Liguo Liu and Yasheng Liu are hereinafter collectively referred to as the
“Beneficial Shareholders” and individually referred to as a “Beneficial
Shareholder”; Realink, the Beneficial Shareholders and the Company are
hereinafter jointly referred to as the “Parties”) and the other parties thereto,
the Escrow Agent shall, upon receipt from the Company, hold in escrow pursuant
to the terms and conditions of this Escrow Agreement an aggregate of three
million six hundred ninety six thousand seven hundred thirty five (3,696,735)
ordinary shares of the Company, par value US$0.001 per share,
(the “Shares”) evidenced by the following stock certificates:

    

    A.          A
stock certificate in the name of Realink, evidencing one million six hundred
forty one thousand four hundred twenty four (1,641,424) Shares (the “Yabin Liu
Escrow Shares”),

    

    B.          A
stock certificate in the name of Realink, evidencing one million four hundred
sixty thousand eight hundred two (1,460,802) Shares (the “Fude Zhang Escrow
Shares”),

    

    C.          A
stock certificate in the name of Realink, evidencing three hundred ninety six
thousand two hundred ninety (396,290) Shares (the “ Yasheng Liu Escrow
Shares”),

    

    D.          A
stock certificate in the name of Realink, evidencing one hundred ninety eight
thousand two hundred nineteen (198,219) Shares (the “Liguo Liu Escrow Shares”;
the Yabin Liu Escrow Shares, the Fude Zhang Escrow Shares, the Liguo Liu Escrow
Shares and the Yasheng Liu Escrow Shares are hereinafter collectively referred
to as the “Escrow Shares”).

    

    2.           The
parties understand that as of the date of the execution of this Escrow
Agreement, the Escrow Agent does not have possession of the Escrow
Shares.  The Escrow Agent shall provide written notice to the parties
pursuant to Paragraph “C” of Article “15” of this Escrow Agreement within five
(5) business day after the Escrow Agent’s receipt of the Escrow Shares;
provided, however, that if the Escrow Shares are not delivered to the Escrow
Agent, the Escrow Agent shall have no obligation to take any action, including,
but not limited to, notifying anyone that the Escrow Shares have not been
received by the Escrow Agent, and this Escrow Agreement shall be null and
void.

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    

    3.           The
parties acknowledge and agree that all of the rights or privileges associated
with being a holder or owner of the Escrow Shares including, but not limited to,
receipt of cash dividends, participation in distribution of assets and voting
rights shall vest in Realink, notwithstanding the fact that the Escrow Shares
are being held in Escrow pursuant to the terms of this Escrow Agreement;
provided, however, that for a twelve (12) month period commencing upon the date
of this Escrow Agreement, any distributions of stock, including, but not limited
to, stock dividends or stock splits which may be declared upon the Escrow Shares
shall be delivered to the Escrow Agent and shall be subject to the terms and
conditions of this Escrow Agreement.  After the twelve (12) month
period commencing upon the date of this Escrow Agreement, any distributions of
stock, including, but not limited to, stock dividends or stock splits which may
be declared upon the Escrow Shares which aggregate ten (10%) percent or less of
the number of Escrow Shares with respect to any twelve (12) month period shall
be delivered to Realink at the address set forth in Paragraph “C” of Article
“15” of this Escrow Agreement and shall not be subject to the terms and
conditions of this Escrow Agreement.

    

    4.           The
Escrow Agent hereby acknowledges that, upon receipt, it shall hold the Escrow
Shares in escrow in accordance with the following terms and
conditions:

    

    A.          Commencing
upon the date of receipt of the Escrow Shares by the Escrow Agent, and
continuing for a period of four (4) years through February 22, 2014 (the
“Term”), the Escrow Agent shall hold the Escrow Shares in escrow pursuant to the
terms and conditions set forth in this Escrow Agreement.  On February
22, 2014, the Escrow Agent shall deliver the Escrow Shares to the Beneficial
Shareholders at their respective addresses set forth in Paragraph “C” of Article
“15” of this Escrow Agreement.

    

    B.           If
the Escrow Agent is jointly advised in writing by the Company and any Beneficial
Shareholder pursuant to Paragraph “C” of Article “15” of this Escrow Agreement,
in such a form and substance which is satisfactory to the Escrow Agent, that any
number of that Beneficial Shareholder’s respective Escrow Shares which have not
yet been released to that Beneficial Shareholder shall be released to that
Beneficial Shareholder, then such number of that Beneficial Shareholder’s
respective Escrow Shares shall be released to that Beneficial Shareholder;
provided, however, that if less than all of that Beneficial Shareholder’s
respective Escrow Shares are to be released, then the Escrow Agent shall not
release such Escrow Shares unless specific written instructions are sent to the
Escrow Agent by the Company and that Beneficial Shareholder pursuant to
Paragraph “C” of Article “15” of this Escrow Agreement, in such a form and
substance which is satisfactory to the Escrow Agent, setting forth the exact
methodology by which the Escrow Agent shall release such Escrow Shares,
including, but not limited to, the procedure for exchange and/or delivery of,
that Beneficial Shareholder’s respective Escrow Shares (the “Beneficial
Shareholder Partial Release Instructions”); provided further, however, that with
respect to each instance in which the Escrow Agent releases less than the full
amount of any Beneficial Shareholder’s respective Escrow Shares, the Escrow
Agent shall be entitled to a fee to be mutually agreed upon, which shall be paid
to the Escrow Agent simultaneously with the Beneficial Shareholder Partial
Release Instructions.

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    

    C.           Notwithstanding
the foregoing, Realink may make a transfer of Escrow Shares to the Beneficial
Shareholders upon liquidation of Realink. Any of the Beneficial Shareholders may
make a transfer of Escrow Shares or their beneficial interest therein (i) to
relatives and trusts for estate planning purposes, (ii) by virtue of the laws of
descent and distribution upon death, or (iii) to a special purpose vehicle
controlled by such Beneficial Shareholder, in each case where such transfer is
in compliance with the United States Securities Act of 1933, as amended (the
“Securities Act”), the rules or requirements of the United States Securities and
Exchange Commission (the “SEC”) and other applicable laws, and the transferee
agrees to be subject to the terms of this Escrow Agreement; provided, however,
that the Escrow Agent shall not release any Escrow Shares without the joint
written instruction pursuant to Paragraph “C” of Article “15” of this Escrow
Agreement, in such a form and substance which is satisfactory to the Escrow
Agent, of both the Company and such Beneficial Shareholder, or both the Company
and such Beneficial Shareholder’s designee (the “Transferee Release
Instructions”); provided further, however, that with respect to each instance in
which the Escrow Agent releases less than the full amount of the respective
Escrow Shares of any Beneficial Shareholder or such Beneficial Shareholder’s
designee, the Escrow Agent shall be entitled to a fee to be mutually agreed
upon, which shall be paid to the Escrow Agent simultaneously with the Transferee
Release Instructions..

    

    D.           The
Escrow Agent’s obligation to act as Escrow Agent pursuant to this Escrow
Agreement shall terminate at such time as (i) the Escrow Agent has delivered all
of the Escrow Shares pursuant to Paragraphs “A”, “B” or “C” of this Article “4”
of this Escrow Agreement, or (ii) the Escrow Agent shall have deposited the
Escrow Shares in court pursuant to either Article “10” of this Escrow Agreement
or the last sentence of Article “12” of this Escrow Agreement.

    

    E.
 The Escrow Agent, upon request of Realink or any Beneficial Shareholder,
shall provide confirmation that it is holding the Escrow Shares in escrow and
provide a copy of the applicable stock certificate(s

    

    5.           A.           The
Escrow Agent is hereby released and exculpated from all liability, costs, and
expenses whatsoever which arise out of or in connection with the Escrow Agent's
activities as escrow agent hereunder.  The Escrow Agent shall not be
liable for negligence or gross negligence.  The Escrow Agent shall be
liable only to the extent of any loss or damage which is caused by its willful
misconduct.

    

    B.           The
Escrow Agent shall not be obligated to verify (i) the authenticity of any
documents submitted to it as originals; (ii) the genuineness of the signatures
on any documents submitted to it; (iii) the legal capacity of any persons who
executed any document submitted to it; (iv) the due authorization and valid
execution of any agreement submitted to it by all parties thereto; (v) that any
agreement submitted to it constitutes a valid and legally binding agreement and
obligation of the parties; and (vi) the conformity to the originals of any
documents submitted to it (a) as photostatic copies or (b) via
facsimile.

    

    6.           The
Escrow Agent may act or refrain from acting with respect to any matter which is
referred to herein in reliance upon either: (A) the advice of any counsel who
may be selected by the Escrow Agent from time to time, including, but not
limited to, the Escrow Agent if it is acting as its own counsel or (B) a good
faith determination by the Escrow Agent.  The Escrow Agent is hereby
released and exculpated from all liability or claimed liability by the parties
or any other person which may arise or be alleged to have arisen, out of or as a
result of, in connection with acting as Escrow Agent or in refraining from
acting upon either: (A) the advice of any counsel, including, but not limited
to, the Escrow Agent if it is acting as its own counsel; or (B) a good faith
determination by the Escrow Agent.

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    

    7.           The
Escrow Agent may rely and is hereby released and exculpated from all liability,
including, but not limited to losses, costs, and expenses whatsoever which
arises out of or in connection with its actions based upon any paper or other
document which may be submitted to the Escrow Agent in connection with its
duties hereunder which is believed by the Escrow Agent to be genuine and to have
been signed by the proper party or parties and the Escrow Agent shall have no
liability or responsibility with respect to the form, execution or validity
thereof.

    

    8.           The
Escrow Agent may institute or defend any action or legal process which involves
any matter which is referred to herein which in any manner affects the Escrow
Agent or its duties or liabilities hereunder, but the Escrow Agent shall not be
required to institute or defend such action or process unless or until requested
to do so, and then only upon receiving full indemnity, against any and all
claims, liabilities, judgments, reasonable attorneys fees including the fair
value for legal fees rendered by it if the Escrow Agent acts as its own counsel
and other expenses of every kind in relation thereto.  Such
indemnification shall be in a form and amount satisfactory to the Escrow Agent,
in its sole and absolute discretion, and from such parties determined by the
Escrow Agent in its sole and absolute discretion.

    

    9.           The
parties agree to and shall indemnify and save the Escrow Agent harmless from and
against any losses, claims, liabilities, judgments, reasonable attorneys' fees
and other reasonable expenses of every kind and nature which may be suffered,
sustained or incurred by the Escrow Agent pursuant to or related to this Escrow
Agreement except for the Escrow Agent’s willful misconduct.  In
addition, the Escrow Agent shall be entitled to the fair value of the legal
services incurred to engage outside counsel, or all legal fees and expenses
incurred by it if it determines, in its sole and absolute discretion, to act as
its own counsel, with respect to any matter related to this Escrow
Agreement.

    

    10.         The
Escrow Agent may at any time, in its sole and absolute discretion, deposit the
Escrow Shares with a court of competent jurisdiction in New York County, New
York State pursuant to an action of interpleader, and upon such deposit the
Escrow Agent shall be released from any further liability or obligation as the
Escrow Agent.

    

    11.         In
the event of any dispute which is referred to herein, the Escrow Agent shall be
entitled to consult with counsel, including itself, and commence or defend any
legal proceeding if the Escrow Agent, in its good faith determination,
determines to do so, and shall be reimbursed by both parties for all legal fees
and expenses in connection with such consultation and legal proceeding and shall
be further entitled to the fair value of the legal fees incurred by it if the
Escrow Agent decides to act as its own counsel, and expenses in connection with
such consultation and legal proceeding and shall be further entitled to receive
from the Company all reasonable expenses which are incurred by the Escrow Agent
related to this Escrow Agreement.

    

    12.         The
Escrow Agent may resign at any time from its duties as Escrow Agent by giving
the parties at least seven (7) business days prior written notice (“Resignation
Notice”) pursuant to Paragraph “C” of Article “15” of this Escrow
Agreement.  The Escrow Agent shall upon the (A) acceptance of the new
escrow agent by the Company and the parties and (ii) presentation of an executed
agreement appointing said new escrow agent turn over to said escrow agent the
Escrow Shares.  If no such escrow agent is appointed within twenty
(20) days after the giving of Resignation Notice, the Escrow Agent may deposit
the Escrow Shares with a court of competent jurisdiction in New York County, New
York State.

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    

    13.         Nothing
which is contained herein or in any instruments executed simultaneously
herewith, shall prevent the Escrow Agent from representing as counsel anyone
including, but not limited to (A) the parties and/or parties affiliated with the
parties, or (B) the Company and/or its officers, directors, share agents or
affiliated parties in any matter whatsoever, including but not limited to any
action or proceeding which relates to this Escrow Agreement, or any instruments
which are executed simultaneously herewith.

    

    14.         The
persons executing this Escrow Agreement hereby represent that each is duly
authorized to enter into this Escrow Agreement in the capacity specified, and
upon request, will provide documentation to the Escrow Agent and the other party
which supports his or her authority to enter into this Escrow
Agreement.

    

    15.         Miscellaneous.

    

    A.           Headings.  Headings
contained in this Escrow Agreement are for reference purposes only and shall not
affect in any way the meaning or interpretation of this Escrow
Agreement.

    

    B.           Enforceability.  If
any provision which is contained in this Escrow Agreement should, for any
reason, be held to be invalid or unenforceable in any respect under the laws of
any jurisdiction, such invalidity or unenforceability shall not affect any other
provision of this Escrow Agreement and this Escrow Agreement shall be construed
as if such invalid or unenforceable provision had not been contained
herein.

    

    C.           Notices.  Any
notice or other communication required or permitted hereunder shall be
sufficiently given if sent by (i) mail by (a) certified mail, postage prepaid,
return receipt requested and (b) first class mail, postage prepaid or (ii)
overnight delivery with confirmation of delivery or (iii) facsimile, with a copy
by first class mail, postage prepaid, as follows:

    

    
      
        	
                If
      to Realink:

              	
                Realink
      Group Limited

              
	 
      	
                B2-D2-301
      A Block

              
	 
      	
                Tiancheng
      Mansion, #2, Xinfeng Road,

              
	 
      	
                Deshengmenwai
      Street,

              
	 
      	
                Xicheng
      Dist.,

              
	 
      	
                Beijing,
      P.R.China 100088

              
	 
      	 
      
	
                If
      to Yabin Liu:

              	
                Mr.
      Yabin Liu

              
	 
      	
                1-1#
      A 5th
      Building

              
	 
      	
                MINGGUANGCUN
      Village

              
	 
      	
                Haidian
      District

              
	 
      	
                Beijing

              
	 
      	
                Facsimile
      No.: 86-010-89579553

              

      

    

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    

    
      
        
          
            
              	
                      If
      to Fude Zhang:

                    	
                      Mr.
      Fude Zhang

                    
	 
      	
                      205#
      The 33rd
      Building

                    
	 
      	
                      XIBAHE
      ZHONGLI

                    
	 
      	
                      Chaoyang
      District

                    
	 
      	
                      Beijing

                    
	 
      	
                      Facsimile
      No.: 86-010-89579553

                    
	 
      	 
      
	
                      If
      to Liguo Liu:

                    	
                      Mr.
      Liguo Liu

                    
	 
      	
                      1217
      Room 1# Block,

                    
	 
      	
                      26#
      Minzhu North Street,

                    
	 
      	
                      Yongwai,
      Congwen District,

                    
	 
      	
                      Beijing,
      China 100075,

                    
	 
      	
                      Facsimile
      No.: 86-010-89579553

                    
	 
      	 
      
	
                      If
      to Yasheng Liu:

                    	
                      Mr.
      Yasheng Liu

                    
	 
      	
                      7
      room 15th Floor West Gate of

                    
	 
      	
                      the
      No. 2 Building, Jimenli Dong,

                    
	 
      	
                      Haidian
      District, Beijing, China

                    
	 
      	
                      Facsimile
      No.: 86-010-89579553

                    
	 
      	 
      
	
                      If
      to the Company:

                    	
                      Wowjoint
      Holdings Limited

                    
	 
      	
                      1108
      A Block TIANCHENG MANSION,

                    
	 
      	
                      2#
      XINFENG Road DESHENGMENWAI Street, XICHENG Dist.

                    
	 
      	
                      Beijing
      100088 P.R. China

                    
	 
      	
                      Attn:
      Board of Directors

                    
	 
      	
                      Facsimile
      No.:  86-010-89579553

                    
	 
      	 
      
	
                      If
      to the Escrow Agent:

                    	
                      Mintz
      & Fraade, P.C.

                    
	 
      	
                      488
      Madison Avenue

                    
	 
      	
                      New
      York, NY  10022

                    
	 
      	
                      Attn:
      Frederick M. Mintz, Esq.

                    
	 
      	
                      Facsimile
      No.: (212) 486-0701

                    
	 
      	 
      
	
                      With
      a copy to:

                    	
                      Alan
      P. Fraade, Esq.

                    
	 
      	
                      18
      Nob Court

                    
	 
      	
                      New
      Rochelle, NY 10804

                    
	 
      	
                      Facsimile
      No.:
914-636-3391

                    

            

          

        

      

    

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    

    or in
each case to such other address and facsimile number as shall have last been
furnished by like notice.  If all of the methods of notice set forth
in this Paragraph “C” of this Article “15” of this Escrow Agreement are
impossible for any reason, notice shall be in writing and personally delivered
to the aforesaid addresses.  Each notice or communication shall be
deemed to have been given as of the date so mailed or delivered as the case may
be.  Any notice sent by overnight delivery shall be deemed to have
been given as of the date of delivery.

    

    D.   Governing Law;
Disputes. This Escrow Agreement shall in all respects be construed,
governed, applied and enforced under the internal laws of the State of New York
without giving effect to the principles of conflicts of laws, and shall be
deemed to be an agreement entered into in the State of New York and made
pursuant to the laws of the State of New York.  The parties agree that
they shall be deemed to have agreed to binding arbitration in the State of New
York, County of New York, with respect to the entire subject matter of any and
all disputes relating to or arising under this Escrow Agreement or any breach
thereof, including, but not limited to, the specific matters or disputes as to
which arbitration has been expressly provided for by other provisions of this
Escrow Agreement.  Any such arbitration shall be by a panel of three
arbitrators and pursuant to the commercial rules then existing of the American
Arbitration Association in the State of New York, County of New
York.  In all arbitrations, judgment upon the arbitration award may be
entered in any court having jurisdiction.  The parties agree, further,
that the prevailing party in any such arbitration as determined by the
arbitrators shall be entitled to such costs and attorney’s fees, if any, in
connection with such arbitration as may be awarded by the
arbitrators.  In connection with the arbitrators’ determination for
the purpose of which party, if any, is the prevailing party, they shall take
into account all of the factors and circumstances including, without limitation,
the relief sought, and by whom, and the relief, if any, awarded, and to
whom.  In addition, and notwithstanding the foregoing sentence, a
party shall not be deemed to be the prevailing party in a claim seeking monetary
damages, unless the amount of the arbitration award exceeds the amount offered
in a legally binding writing by the other party by fifteen percent (15%) or
more.  For example, if the party initiating arbitration (“A”) seeks an
award of $100,000 plus costs and expenses, the other party (“B”) has offered A
$50,000 in a legally binding written offer prior to the commencement of the
arbitration proceeding, and the arbitration panel awards any amount less than
$57,500 to A, the panel should determine that B has “prevailed”.  The
parties specifically designate the state and federal courts in the State of New
York, County of New York as properly having jurisdiction for any proceeding to
confirm and enter judgment upon any such arbitration award. The parties hereby
consent to and submit to personal jurisdiction over each of them by the Courts
of the State of New York in any action or proceeding, waive personal service of
any and all process and specifically consent that in any such action or
proceeding, any service of process may be effectuated upon any of them by
certified mail, return receipt requested, in accordance with Paragraph "C" of
this Article “15” of this Escrow Agreement.

    

    E.    Mintz & Fraade, P.C. is
Representing Itself with respect to this Escrow Agreement – Mintz & Fraade,
P.C. does not represent any of the Parties with respect to this Escrow
Agreement.  Each of the Parties acknowledges and agrees that
(i) they have been fully informed with respect to the fact that this Escrow
Agreement was drafted by Mintz & Fraade, P.C. (“M&F”) as counsel for
itself; and (ii) they have been advised, and provided a reasonable opportunity,
to seek the advice of independent counsel because M&F does not represent any
of such other parties with respect to this Agreement.

    

    F.    Construction.  Each
of the parties to this Escrow Agreement agrees that this Escrow Agreement shall
not be construed more strictly against any party responsible for its drafting
regardless of any presumption or rule requiring construction against the party
who drafted this Escrow Agreement.

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    

    G.   Entire
Agreement.  This Escrow Agreement and all documents and
instruments referred to herein (i) constitute the entire agreement and supersede
all prior agreements and understandings, both written and oral, among the
parties with respect to the subject matter hereof and thereof, and (ii) are not
intended to confer upon any person other than the parties hereto any rights or
remedies hereunder.

    

    H.   Further
Assurances.  The parties agree to execute any and all such
other further instruments and documents, and to take any and all such further
actions which are reasonably required to effectuate this Escrow Agreement and
the intents and purposes hereof.

    

    I.     Binding
Agreement.  This Escrow Agreement shall be binding upon and
inure to the benefit of the parties hereto and their heirs, executors,
administrators, personal representatives, successors and assigns.

    

    J.     Non-Waiver.  Except
as otherwise expressly provided in this Escrow Agreement, no waiver of any
covenant, condition, or provision of this Escrow Agreement shall be deemed to
have been made unless expressly in writing and signed by the party against whom
such waiver is charged; and (i) the failure of any party to insist in any one or
more cases upon the performance of any of the provisions, covenants or
conditions of this Escrow Agreement or to exercise any option herein contained
shall not be construed as a waiver or relinquishment for the future of any such
provisions, covenants or conditions, (ii) the acceptance of performance of
anything required by this Escrow Agreement to be performed with knowledge of the
breach or failure of a covenant, condition or provision hereof shall not be
deemed a waiver of such breach or failure, and (iii) no waiver by any party of
one breach by another party shall be construed as a waiver of any other or
subsequent breach.

    

    K.   Modifications.  This
Escrow Agreement may not be changed, modified, extended,
terminated or discharged orally, but only by an agreement in writing, signed by
all of the parties to this Escrow Agreement.

    

    L.    Exhibits.  All
Exhibits annexed or attached to this Escrow Agreement are incorporated
into this Escrow Agreement by reference thereto and constitute an integral part
of this Escrow Agreement.

    

    M. 
Severability.  The
provisions of this Escrow Agreement shall be deemed
separable.  Therefore, if any part of this Escrow Agreement is
rendered void, invalid or unenforceable, such rendering shall not affect the
validity or enforceability of the remainder of this Escrow Agreement; provided,
however, that if the part or parts which are void, invalid or unenforceable as
aforesaid shall substantially impair the value of this whole Escrow Agreement to
any party, that party may cancel, and terminate the Escrow Agreement by giving
written notice to the other party.

    

    [Signature Page to
Follow]

    

    [Remainder of Page Intentionally Left
Blank]

     

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

     

    Please
sign the attached counterpart of this Escrow Agreement where indicated below to
acknowledge your agreement with the foregoing.

    

    
      
        	 
      	
                Very
      truly yours,

              
	 
      	 
      
	 
      	
                Mintz
      & Fraade, P.C.

              
	 
      	 
      
	 
      	
                By: 

              	
                /s/ Alan P. Fraade

              
	 
      	 
      	
                Alan
      P. Fraade

              

      

    

    

    Acknowledged
and Agreed to:

    

    Realink
Group Limited

    

    
      
        
          
            
              
                
                  
                    
                      
                        	
                                By: 

                              	
                                /s/ Yabin Liu

                              
	 
      	
                                 Yabin
      Liu, President

                              
	 
      	 
      
	
                                /s/ Yabin Liu

                              
	
                                Mr.
      Yabin Liu

                              
	 
      	 
      
	
                                /s/ Fude Zhang

                              
	
                                Mr.
      Fude Zhang

                              
	 
      	 
      
	
                                /s/ Liguo Liu

                              
	
                                Mr.
      Liguo Liu

                              
	 
      	 
      
	
                                /s/ Yasheng Liu

                              
	
                                Mr.
      Yasheng
Liu

                              

                      

                    

                  

                

              

            

          

        

      

    

    

    China
Fundamental Acquisition Corporation

    

    
      
        	
                By: 

              	
                /s/ Chun Yi Hao

              
	 
      	
                Chun
      Yi Hao, Chief Executive
Officer

              

      

    

     

    
      
         

      

      
        10

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