Document:

Unassociated Document

     

    
      EMPLOYMENT
AGREEMENT

      AGREEMENT dated as of the
1st
day of October, 2010, by and among NIVS IntelliMedia Technology Group, Inc., a
Delaware corporation with its principal office at NIVS Industry Garden, No.29-31
Shuikou Road, Huizhou City Guangdong Province, China, 516005  (the
“Company”), and
Alexander Chen, an individual residing at 65 Wigram Road, Glebe NSW
Australia (“Executive”).

       

      W I T N E S S E T
H:

       

      WHERAS, Executive has the
experience, know-how, ability and qualifications to serve as the Company’s Chief
Financial Officer and Corporate Secretary.

       

      WHEREAS, the Company desires
to engage Executive, and Executive desires to accept such engagement, to serve
as the Company’s Chief Financial Officer and Corporate Secretary.

       

      NOW, THEREFORE, in
consideration of the mutual promises set forth in this Agreement, the parties
agree as follows:

       

      1.           Employment and
Duties.  Subject to the terms and conditions hereinafter set
forth, the Company hereby employs Executive as Chief Financial Officer and
Corporate Secretary.  As Chief Financial Officer and Corporate
Secretary of the Company, Executive shall have the duties and responsibilities
associated with the Chief Financial Officer and Corporate Secretary of a public
corporation.  Executive shall report to the Company’s Chief Executive
Officer and Board of Directors (the “Board”).  Executive
shall also perform such other duties and responsibilities as may be determined
by the Board, as long as such duties and responsibilities are consistent with
those of the Company’s Chief Financial Officer and Corporate
Secretary.

       

      2.           Executive’s
Performance.  Executive hereby accepts the employment
contemplated by this Agreement. During the term of this Agreement, as set forth
in Section 5 (the “Term”), Executive
shall perform his duties diligently, in good faith and in a manner consistent
with the best interests of the Company, and shall devote substantially all of
his business time to the performance of his duties under this
Agreement.  In the course of his employment, Executive shall comply
with all policies, including Codes of Ethics, that are applicable to the
Company’s officers in general and chief financial and accounting officers, in
particular.

       

      3.           Compensation.

       

      (a)           During
the Term, the Company shall pay Executive a salary (“Salary”) at the
monthly rate of eight thousand five hundred US Dollar (US$8,500), less
appropriate deductions required by applicable laws.  Salary payments
shall be payable monthly in arrears in accordance with the Company’s policy on
executive compensation.

       

      
        
           

        

        
           

          
            

          

        

        
           

        

         

      

      (b)           Executive
understands and agrees that he will not be eligible for employee benefits,
fringe benefits or other perquisites made available to Company employees,
including vacations, long term disability, sick time, life insurance and
retirement benefits except as specifically set forth in this Agreement.
Executive will execute any forms determined by Company to be necessary or
appropriate to confirm his No Benefit Status, including but not limited to a
declination of health insurance coverage form.

       

      4.           Reimbursement of
Expenses.  The Company shall reimburse Executive, upon
presentation of proper expense statements, for all authorized, ordinary and
necessary out-of-pocket expenses reasonably incurred by Executive during the
Term in connection with the performance of his services pursuant to this
Agreement in accordance with the Company’s expense reimbursement
policy.

       

      5.           Term and Termination of
Employment.  This Agreement shall be in effect as of the date
of this Agreement as first written above.  This Agreement shall
expire, unless terminated earlier pursuant to and in accordance with the
provisions of this Agreement.   This Agreement and Executive’s
employment pursuant to this Agreement may be terminated by the Executive or the
Company, at their respective sole discretion, on not less than two (2) weeks’
prior written notice, provided that, however, the Company may elect to terminate
this Agreement and the Executive’s employment pursuant to this Agreement upon
payment of two (2) weeks’ Salary to the Executive.  No severance pay
shall be payable to Executive for termination.  Notwithstanding the
foregoing, the Company may immediately terminate this Agreement and Executive’s
employment for “Cause” without notice or payment in lieu thereof upon the
occurrence of any of the following events: (i) Executive acting unlawfully,
dishonestly, in bad faith or grossly negligent with respect to the business of
the Company as determined by the Board; (ii) Executive committing any crime or
fraud against the Company or its property or the conviction of Executive of any
felony offense or crime reasonably likely to bring discredit upon Executive or
the Company; or (iii) a material breach or default of any term of this Agreement
by Executive.

       

      6.           Trade Secrets and
Proprietary Information.

       

      (a)           Executive
recognizes and acknowledges that the Company, through the expenditure of
considerable time and money, has developed and will continue to develop in the
future confidential information.  “Confidential information” shall
mean all information of a proprietary or confidential nature relating to Covered
Persons, including, but not limited to, such Covered Person’s trade secrets or
proprietary information, confidential know-how, and marketing, services,
products, business, research and development activities, inventions and
discoveries, whether or not patentable, and information concerning such Covered
Person’s services, business, customer or client lists, proposed services,
marketing strategy, pricing policies and the requirements of its clients and
relationships with its lenders, suppliers, licensors, licensees and others with
which a Covered Person has a business relationship, financial or other data,
technical data or any other confidential or proprietary information possessed,
owned or used by the Company, the disclosure of which could or does have a
material adverse effect on the Company, its businesses, any business in which it
proposes to engage.  Executive agrees that he will not at any time use
or disclose to any person any confidential information relating to Company;
provided, however, that nothing in this Section 6(a) shall be construed to
prohibit Executive from using or disclosing such information if he can
demonstrate that such information (i) became public knowledge other than by or
as a result of disclosure by a person not having a right to make such disclosure
or (ii) was disclosure that was authorized by the Company.  The term
“Covered Person” shall include the Company, any subsidiaries and affiliates and
any other person who provides information to the Company pursuant to a secrecy
or non-disclosure agreement.

       

      
        
           

        

        
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      (b)           In
the event that any confidential information is required to be produced by
Executive pursuant to legal process (including judicial process or governmental
administrative subpoena), Executive shall give the Company notice of such legal
process within a reasonable time, but not later than ten business days prior to
the date such disclosure is to be made, unless Executive has received less
notice, in which event Executive shall immediately notify the
Company.  The Company shall have the right to object to any such
disclosure, and if the Company objects (at the Company’s cost and expense) in a
timely manner so that Executive is not subject to penalties for failure to make
such disclosure, Executive shall not make any disclosure until there has been a
court determination on the Company’s objections.  If disclosure is
required by a court order, final beyond right of review, or if the Company does
not object to the disclosure, Executive shall make disclosure only to the extent
that disclosure is required by the court order, and Executive will exercise
reasonable efforts at the Company’s expense, to obtain reliable assurance that
confidential treatment will be accorded the confidential
information.

       

      (c)           Executive
shall, upon expiration or termination of the Term, or earlier at the request of
the Company, turn over to the Company or destroy all documents, papers, computer
disks or other material in Executive’s possession or under Executive’s control
which may contain or be derived from confidential information.  To the
extent that any confidential information is on Executive’s hard drive or other
storage media, he shall, upon the request of the Company, cause either such
information to be erased from his computer disks and all other storage media or
otherwise take reasonable steps to maintain the confidential nature of the
material.

       

      (d)           Executive
further realizes that any trading in Company’s common stock or other securities
or aiding or assisting others in trading in Company’s common stock or other
securities, including disclosing any non-public information concerning Company
or its affiliates to a person who uses such information in trading in the
Company’s common stock or other securities, may constitute a violation of
federal and state securities laws.  Executive will not engage in any
transactions involving the Company’s common stock or other securities while in
the possession of material non-public information in a manner that would
constitute a violation of federal and state securities laws.

       

      (e)           For
the purposes of Sections 6, 7 and 8 of this Agreement, the term “Company”
shall include the Company, and any subsidiaries and affiliates.

       

      7.           Covenant Not To
Solicit.

       

      (a)           During
the period from the date of this Agreement until one year following the date on
which Executive’s employment is terminated, Executive will not, directly or
indirectly:

       

      
        
           

        

        
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      (i)  persuade
or attempt to persuade any person which is or was a customer, client or supplier
of the Company to cease doing business with the Company, or to reduce the amount of
business it does with the Company (the terms “customer” and “client” as used in
this Section 7 to include any potential customer or client to whom the
Company submitted bids or proposals, or with whom the Company conducted
negotiations, during the term of Executive’s employment or consulting
relationship hereunder or during the twelve (12) months preceding the
termination of his employment or consulting relationship, as the case may
be);

       

      (ii)  solicit
for himself or any other person other than the Company the business of any
person which is a customer or client of the Company, or was a customer or client
of the Company within one (1) year prior to the termination of his employment or
consulting relationship;

       

      (iii)  persuade
or attempt to persuade any employee of the Company, or any individual who was an
employee of the Company during the one (1) year period prior to the lawful and
proper termination of this Agreement, to leave the Company’s employ, or to
become employed by any person in any business in the PRC or HK whether as an
officer, director, consultant, partner, guarantor, principal, agent, employee,
advisor or in any manner, which directly competes with the business of the
Company as it is engaged in at the time of the termination of this Agreement,
unless, at the time of such termination or thereafter during the period that the
Executive is bound by the provisions of this Section 7, the Company ceases to be
engaged in such activity, provided, however, that nothing in this Section 7
shall be construed to prohibit the Executive from owning an interest of not more
than five (5%) percent of any public company engaged in such
activities.

       

      (b)           Executive
will not, during or after the Term, make any disparaging statements concerning
the Company, its business, officers, directors and employees that could injure,
impair, damage or otherwise affect the relationship between the Company, on the
one hand, and any of the Company’s employees, suppliers, customers, clients or
any other person with which the Company has or may conduct business or otherwise
have a business relationship of any kind and description; provided, however,
that this sentence shall not be construed to prohibit either from giving factual
information required to be given pursuant to legal process, subject to the
provisions of Section 6(b) of this Agreement.  The Company will not
make any disparaging statements concerning Executive.  This Section
7(b) shall not be construed to prohibit the either party from giving factual
information concerning the other party in response to inquiries that such party
believes are bona fide.

       

      (c)           The
Executive acknowledges that the restrictive covenants (the “Restrictive
Covenants”) contained in Sections 6 and 7 of this Agreement are a condition
of his employment and are reasonable and valid in geographical and temporal
scope and in all other respects. If any court determines that any of the
Restrictive Covenants, or any part of any of the Restrictive Covenants, is
invalid or unenforceable, the remainder of the Restrictive Covenants and parts
thereof shall not thereby be affected and shall remain in full force and effect,
without regard to the invalid portion. If any court determines that any of the
Restrictive Covenants, or any part thereof, is invalid or unenforceable because
of the geographic or temporal scope of such provision, such court shall have the
power to reduce the geographic or temporal scope of such provision, as the case
may be, and, in its reduced form, such provision shall then be
enforceable.

       

      
        
           

        

        
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      (d)           Nothing
in this Section 7 shall be construed to prohibit Executive from owning a
passive, non-management interest of less than 5% in any public company that is
engaged in activities prohibited by this Section 7.

       

      8.           Injunctive Relief.
Executive agrees that his violation or threatened violation of any of the
provisions of Sections 6 or 7 of this Agreement shall cause immediate and
irreparable harm to the Company. In the event of any breach or threatened breach
of any of said provisions, Executive consents to the entry of preliminary and
permanent injunctions by a court of competent jurisdiction prohibiting Executive
from any violation or threatened violation of such provisions and compelling
Executive to comply with such provisions. This Section 8 shall not affect
or limit, and the injunctive relief provided in this Section 8 shall be in
addition to, any other remedies available to the Company at law or in equity or
in arbitration for any such violation by Executive. The provisions of Sections
6, 7 and 8 of this Agreement shall survive any termination of this Agreement and
Executive’s employment and consulting relationship pursuant to this
Agreement.

       

      9.           Indemnification. The
Company shall provide Executive with indemnification to the maximum extent
permitted by the Company’s certificate of incorporation, by-laws and applicable
law.

       

      10.           Representations by the
Executive.  Executive represents, warrants, covenants and
agrees that he has a right to enter into this Agreement, that he is not a party
to any agreement or understanding, oral or written, which would prohibit
performance of his obligations under this Agreement, and that he will not use in
the performance of his obligations hereunder any proprietary information of any
other party which he is legally prohibited from using.

       

      11.           Miscellaneous.

       

      (a)           Any
notice, consent or communication required under the provisions of this Agreement
shall be given in writing and sent or delivered by hand, overnight courier or
messenger service, against a signed receipt or acknowledgment of receipt, or by
registered or certified mail, return receipt requested, or telecopier or similar
means of communication if receipt is acknowledged or if transmission is
confirmed by mail as provided in accordance with the notice provisions of this
Agreement, to the parties at their respective addresses set forth at the
beginning of this Agreement, with notice to the Company being sent to the
attention of the individual who executed this Agreement on its behalf. Any party
may, by like notice, change the person, address or telecopier number to which
notice is to be sent.

       

      (b)           If
any term, covenant or condition of this Agreement or the application thereof to
any party or circumstance shall, to any extent, be determined to be invalid or
unenforceable, the remainder of this Agreement, or the application of such term,
covenant or condition to parties or circumstances other than those as to which
it is held invalid or unenforceable, shall not be affected thereby and each
term, covenant or condition of this Agreement shall be valid and be enforced to
the fullest extent permitted by law, and any court or arbitrator having
jurisdiction may reduce the scope of any provision of this Agreement, including
the geographic and temporal restrictions set forth in Section 7 of this
Agreement, so that it complies with applicable law.

       

      
        
           

        

        
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      (c)           This
Agreement constitutes the entire agreement of the Company and Executive as to
the subject matter hereof, superseding all prior or contemporaneous written or
oral understandings or agreements, including any and all previous employment
agreements or understandings, all of which are hereby terminated, with respect
to the subject matter covered in this Agreement. This Agreement may not be
modified or amended, nor may any right be waived, except by a writing which
expressly refers to this Agreement, states that it is intended to be a
modification, amendment or waiver and is signed by both parties in the case of a
modification or amendment or by the party granting the waiver. No course of
conduct or dealing between the parties and no custom or trade usage shall be
relied upon to vary the terms of this Agreement. The failure of a party to
insist upon strict adherence to any term of this Agreement on any occasion shall
not be considered a waiver or deprive that party of the right thereafter to
insist upon strict adherence to that term or any other term of this
Agreement.

       

      (d)           No
party shall have the right to assign or transfer any of its or his rights
hereunder except that the Company’s rights and obligations may be assigned in
connection with a merger of consolidation of the Company or a sale by the
Company of all or substantially all of its business and assets.

       

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

       

      (f)           The
headings in this Agreement are for convenience of reference only and shall not
affect in any way the construction or interpretation of this
Agreement.

       

      (g)           This
Agreement may be executed in counterparts, each of which when so executed and
delivered will be an original document, but both of which counterparts will
together constitute one and the same instrument.

       

      (h)           This
Agreement shall be interpreted and enforced under the internal laws of the State
of Delaware.

       

      [Signatures
on following page]

      

      
        
           

        

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

       

      
        
          	 	      
                  NIVS
      INTELLIMEDIA TECHNOLOGY GROUP, INC.

                	 
	 	 	 
	 	 	 	 
	
                   

                	
                  By:
      

                	/s/ Tianfu
      Li	 
	 	 	Tianfu
      LI, Chief Executive Officer	 
	 	 	 	 
	 	 	 	 
	 	/s/
      Alexander Chen	 
	 	Alexander
      Chen	 

        

         

        
          
             

          

          
            - 7
-Exhibit
10.1

    

    ACQUISITION
AND

    REORGANIZATION
AGREEMENT

    

    This Acquisition and Reorganization
Agreement (hereinafter the "Agreement") is made and entered into as of September 16, 2010, by
and among International Development and Environmental Holdings, Inc., a Nevada
corporation ("IDEH"), Scott Lieberman (“Seller”) and
Heights  Management 63, LLC, a New York limited liability company
(“Heights 63”).

    

    AGREEMENT

    

    In consideration of the terms hereof,
the parties hereto agree as follows:

    

    ARTICLE
I - PURCHASE AND SALE OF STOCK

    

    1.1          Purchase and Sale of Membership
Interests

    

    Subject to the terms and conditions
hereof, on the Closing Date (as defined below), Seller shall sell, convey,
transfer, assign and deliver to IDEH, and IDEH shall purchase from the Seller,
all of the issued and outstanding membership interests in Heights 63 (the
“Heights 63 Membership Interests”).

    

    1.2          The Closing

    

    The closing of this Agreement (the
“Closing”) shall occur on September 16, 2010
(the “Closing Date”) at such time and location as the parties hereto shall
agree.

    

    1.3          Deliveries at the
Closing

    

    On the Closing Date in order to
effectuate the transfer of the Membership Interests:

    

    (a) The Seller shall deliver to IDEH an
assignment of the Heights 63 Membership Interests, free and clear of any claim,
lien, pledge, option, charge, easement, security interest, right-of-way,
encumbrance, restriction on sale or transfer, preemptive right or option or any
other right of any third party of any nature whatsoever
(“Encumbrance”).

    

    (b) IDEH shall deliver the
consideration of the Purchase Price as set forth in Section 1.4
below.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    (c) IDEH, the Seller and Heights 63
shall each deliver all documents, certificates, agreements and instruments
required to be delivered pursuant to Articles IV and V; and

    

    (d)  All instruments and
documents executed and delivered to any party pursuant hereto shall be in a form
and substance, and shall be executed in a manner, reasonably satisfactory to the
receiving party.

    

    1.4          Purchase Price

    

    Subject to the terms and conditions of
this Agreement, the total purchase price for the Heights 63 Membership Interests
(the “Purchase Price”) shall be 8,700,000 newly issued
shares of IDEH Series A preferred stock (the “Series A
Preferred”).  The rights and privileges of the Series A Preferred
shall be as set forth in Schedule A hereto.

    

    1.5          Assistance in Consummation of the
Purchase and Sale of  Stock

    

    IDEH, the Seller and Heights 63 shall
provide all reasonable assistance to, and shall cooperate with, each other to
bring about the consummation of the purchase and sale of the Heights 63
Membership Interests and the other transactions contemplated herein as soon as
possible in accordance with the terms and conditions of this
Agreement.

    

    ARTICLE
II - REPRESENTATIONS AND WARRANTIES

    OF
SELLER AND HEIGHTS 63

    

    Seller and Heights 63 jointly and
severally represent and warrant to IDEH, as of the date of this Agreement and as
of the Closing, all as follows in this Article II:

    

    (a)           Seller
is the sole and registered owner of all of the issued and outstanding Heights 63
Membership Interests.  Seller has good title thereto, free and clears
of any lien or encumbrance.

    

    (b)           Seller
and Heights 63 each have the power and authority to enter into this Agreement
and to perform their respective obligations hereunder.  The execution
and delivery of this Agreement and the consummation of the transactions
contemplated hereby have been duly authorized by all
necessary  action, including the Member of Heights  The
execution and performance of this Agreement will not constitute a material
breach of any agreement, indenture, mortgage, license or other instrument or
document to which Seller or Heights 63 is a party or by which any of their
respective assets and properties are bound, and will not violate any judgment,
decree, order, writ, rule, statute, or regulation applicable to Seller or any of
their respective  properties.  The execution and performance
of this Agreement will not violate or conflict with any provision of the
Operating Agreements.

    

    (c)           Heights
63 does not have any outstanding or authorized capital stock, warrants, options
or convertible securities.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    (d)           The Heights 63 financial
statements for the period from its inception through June 30, 2010 (the
“Heights Financial Statements”) are true and accurate, in accordance with the
books and records of Heights , and present fairly in all material respects the
financial position and results of operations of Heights  as of the
times and for the periods referred to therein, in each case in accordance with
generally accepted accounting principles under current United States accounting
rules and regulations, consistently applied (“GAAP”).  All of the
financial books and records of Heights have been made available to IDEH, and
such books and records completely and fairly record in all material respects
IDEH’s financial affairs, which would normally be recorded in financial books
and records. There are no material liabilities or obligations, either fixed or
contingent, not disclosed in the Heights  Financial Statements or
in any exhibit thereto or notes thereto other than liabilities, contracts or
obligations incurred in the ordinary course of business; and no such
liabilities, contracts or obligations in the ordinary course of
business constitute liens or other liabilities which materially alter the
financial condition of Heights 63 as reflected in the Heights 63 Financial
Statements. Heights 63  has good title to all assets shown on the
Heights 63 Financial Statements subject only to dispositions and other
transactions in the ordinary course of business, the disclosures set forth
therein and liens and encumbrances of record.

    

    (e)           Since
the date of the Heights Financial Statements, there have not been any material
adverse changes in the financial position of Heights   except
changes arising in the ordinary course of business, which changes will in no
event materially and adversely affect the financial position of
Heights.

    

    (f)           Heights
63 is not a party to any material pending litigation or, to their best
knowledge, any governmental investigation or proceeding, not reflected in the
Heights   Financial Statements, and to their best knowledge, no
material litigation, claims, assessments or any governmental proceedings are
threatened against Heights 63.

    

    (g)           Heights
63 is in good standing in their jurisdiction of formation, and are not required
to be qualified to do business in any other jurisdiction.

    

    (h)           Heights
63 has (or, by the Closing Date, will have) filed all material tax, governmental
and/or related forms and reports (or extensions thereof) due or required to be
filed and has (or will have) paid or made adequate provisions for all taxes or
assessments which have become due as of the Closing Date.

    

    (i)           Heights
63 has not materially breached any material agreement to which either of them is
a party. Heights 63 has previously given IDEH copies or access thereto of all
material contracts, commitments and/or agreements to which Heights 63 is a party
including all relationships or dealings with related parties or
affiliates.

    

    (j)           Heights
63 does not have any subsidiaries.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    (k)           Heights
63 has made all material financial records, minute books, and other documents
and records available for review to present management of IDEH prior to the
Closing Date, during reasonable business hours and on reasonable
notice.

    

    (l)           The
execution of this Agreement does not materially violate or breach any material
agreement or contract to which Seller or Heights 63 is a party and has been duly
authorized by all appropriate and necessary action under other applicable law
and Seller and Heights 63, to the extent required, have obtained all necessary
approvals or consents required by any agreement to which Seller or Heights 63 is
a party.

    

    (m)           All
disclosure information provided by Seller and Heights 63 which is to be set
forth in disclosure documents of IDEH or otherwise delivered to IDEH by Seller
and Heights 63 for use in connection with the transaction described herein
is true, complete and accurate in all material respects.

     

    ARTICLE
III - REPRESENTATIONS AND WARRANTIES

    OF
IDEH

    

    Except as is otherwise described in the
applicable Schedules, IDEH represents and warrants to the Seller, as of the date
of this Agreement and as of the Closing, all as follows in this Article
III:

    

    (a)           As
of the Closing Date, the Preferred Stock, to be issued and delivered to the
seller hereunder will, when so issued and delivered, constitute, duly
authorized, validly and legally issued shares of IDEH common stock, fully-paid
and non-assessable.

    

    (b)           IDEH
has the corporate power and authority to enter into this Agreement and to
perform its respective obligations hereunder.  The execution and
delivery of this Agreement and the consummation of the transactions contemplated
hereby have been duly authorized by all necessary corporate action, including
the board of directors of IDEH.  The execution and performance of this
Agreement will not constitute a material breach of any agreement, indenture,
mortgage, license or other instrument or document to which IDEH is a party or by
which its assets and properties are bound, and will not violate any judgment,
decree, order, writ, rule, statute, or regulation applicable to IDEH or its
properties.  The execution and performance of this Agreement will not
violate or conflict with any provision of the Certificate of Incorporation or
by-laws of IDEH.

    

    (c)           IDEH
has delivered to Seller a true and complete copy of IDEH’s Form 10-K the period
ending December 31, 2010 and Forms 10-Q for the three months ended March 31,
2010 and June 30, 2010 (the "IDEH Financial Statements").  The IDEH
Financial Statements are complete, accurate and fairly present the financial
condition of IDEH as of the dates thereof and the results of its operations for
the periods then ended.  There are no liabilities or obligations
either fixed or contingent not reflected therein.  The IDEH Financial
Statements have been prepared in accordance with generally accepted accounting
principles applied on a consistent basis (except as may be indicated therein or
in the notes thereto) and fairly present the financial position of IDEH as of
the dates thereof and the results of its operations and changes in financial
position for the periods then ended.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (d)           Since
January 1, 2010, there have not been any material adverse changes in the
financial condition of IDEH.

    

    (e)           IDEH
is not a party to or the subject of any pending litigation, claims, decrees,
orders, stipulations or governmental investigation or proceeding not reflected
in the IDEH Financial Statements or otherwise disclosed herein, and there are no
lawsuits, claims, assessments, investigations, or similar matters, against or
affecting IDEH, its management or its properties. IDEH has complied in all
material respects with decrees or
orders applicable to it.

    

    (f)        
   IDEH is duly organized, validly existing and in good standing
under the laws of the State of Nevada; has the corporate power to own its
property and to carry on its business as now being conducted and is duly
qualified to do business in any jurisdiction where so required except where the
failure to so qualify would have no material negative impact on it.

    

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

    

    Each such tax return or report is
correct and complete in all material respects and fully discloses and does not
understate the income, taxes, expenses, deductions and credits for the period to
which it relates.  Up to and including the Closing Date, no claim has
been made against IDEH by any authority in a jurisdiction in which it does not
file a return that it is or may be subject to any taxes in that jurisdiction.
IDEH has not received notice of any actions, suits, proceedings, investigations
or claims pending or threatened against IDEH in respect of any taxes nor are any
matters relating to any taxes under discussion with any governmental
authority.

    

    (h)           There
are no existing options, calls, warrants, preemptive rights or commitments of
any character relating to the issued or unissued capital stock or other
securities of IDEH, except as contemplated in this Agreement and there exist no
liens or other securities interests in any assets of IDEH.

    

    (i)       
    The corporate financial records, minute books, and other
documents and records of IDEH have been made available to IDEH prior to the
Closing, shall be delivered to new management of IDEH at Closing and are correct
and accurate in all material respects and reflect all decisions made by the
Board of Directors and the shareholders of IDEH.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (j)       
    IDEH has not breached, nor is there any pending, or to
the knowledge of management, any threatened claim that IDEH has breached, any of
the terms or conditions of any agreements, contracts or commitments to which it
is a party or by which it or its assets are is bound.  The execution
and performance hereof will not violate any provisions of applicable law or any
agreement to which IDEH is subject. IDEH hereby represents that it has no
business operations or material assets and it is not a party to any material
contract or commitment other than appointment documents with its transfer agent,
and that it has disclosed to IDEH all relationships or dealings with related
parties or affiliates.

    

    (k)           IDEH common stock is currently approved for
quotation on the OTC Pink Sheets under the symbol "IDEH" and
there are no stop orders in effect or contemplated with respect thereto and no
facts exist which may give rise there. IDEH has filed all annual and quarterly
reports required
to be filed by IDEH pursuant to the Securities Act of 1934, as amended. IDEH has
not been informed, and has no reason to believe, that its common stock will be
delisted or suspended from the OTC by FINRA. IDEH has fully complied will all
applicable securities laws and
regulations and is not in default of any of its obligations
thereunder.

    

    (l)       
    All information regarding IDEH which has been provided
to Seller or otherwise disclosed in connection with the transactions
contemplated herein, is true, complete and accurate in all material respects.
IDEH has provided to Seller all material information regarding
IDEH.

    

    (m)           Immediately
prior to the Closing, the outstanding capitalization of IDEH shall consist of no
more than 3,570,000 shares of
common stock plus the 30,710,000 shares
of common stock to be redeemed pursuant to Section 4.2(c) below.

    

    (n)           The
execution, delivery and performance of this Agreement and the consummation of
the transactions contemplated hereby will not (a) constitute a violation (with
or without the giving of notice or lapse of time, or both) of any provision of
law or any judgment, decree, order, regulation or rule of any court or other
governmental authority applicable to IDEH, (b) require any consent, approval or
authorization of, or declaration, filing or registration with, any person,
except for compliance with applicable securities laws and the filing of all
documents necessary to consummate the transaction with any governmental entity,
(c) result in a default (with or without the giving of notice or lapse of time,
or both) under, acceleration or termination of, or the creation in any party of
the right to accelerate, terminate, modify or cancel, any agreement, lease, note
or other restriction, encumbrance, obligation or liability to which IDEH is
a party or by which either is bound or to which any of their assets are subject,
(d) result in the creation of any material lien or encumbrance upon the assets
of IDEH or the funds being delivered in connection herewith, or (e) conflict
with or result in a breach of or constitute a default under any provision of the
charter documents of IDEH.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (o)           IDEH
does not have any agreements of any nature to acquire, directly or indirectly,
any shares of capital stock, or other equity or ownership interest in, any
person, firm or corporation, or its assets.

    

    (p)           There
is no requirement to make any filing, give any notice to or obtain any license,
permit, certificate, regulation, authorization, consent or approval of, any
governmental or regulatory authorities as a condition to the lawful consummation
of the transactions contemplated by this Agreement except for the filings with
the U.S. Securities and Exchange Commission, and other notifications, consents
and approvals described in this Agreement.

    

    (q)           The attached Schedule III (q)
sets forth IDEH’s liabilities as of the
Closing Date; and

    

    (r)          
 All disclosure information provided by IDEH which was delivered to Heights
63 for use in connection with the transaction described herein is true, complete
and accurate in all material respects.

    

    ARTICLE
IV

    CONDITIONS
PRECEDENT

     

    4.1          Conditions Precedent to the
Obligations of Heights 63.

    

    All
obligations of Heights 63 under this Agreement are subject to the fulfillment,
prior to or as of the Closing and/or the Closing Date, as indicated below, of
each of the following conditions:

    

    (a)           The
representations and warranties by or on behalf of IDEH contained in this
Agreement or in any certificate or document delivered pursuant to the provisions
hereof shall be true in all material respects at and as of the Closing Date as
though such representations and warranties were made at and as of such
time.

    

    (b)           IDEH
shall have performed and complied with all covenants, agreements, and conditions
set forth in, and shall have executed and delivered all documents required by
this Agreement to be performed or complied with or executed and delivered by it
prior to or at the Closing.

    

    (c)           On or before the Closing
Date, IDEH shall have delivered to Heights 63 certified copies of
resolutions of the board of directors of IDEH approving and authorizing the
execution, delivery and performance of this Agreement and authorizing all of the
necessary and proper action to enable IDEH to comply with the terms of
this Agreement including the
election of Heights 63 s nominee to the Board of Directors of IDEH and all
matters outlined herein.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    (d)           As of the Closing, Bernard J.
Tanenbaum III and Michael T. Williams shall have resigned in writing from all
positions as directors and officers of IDEH
upon the election and appointment of the Heights 63’s
nominees.

    

    (e)           At
the Closing, all instruments and documents delivered to Seller and pursuant to
the provisions hereof shall be reasonably satisfactory to legal counsel for
Seller.

    

    (f)           The shares of restricted
Series A Preferred Stock to be issued to the Seller will be duly authorized,
validly issued, nonassessable and fully-paid under Nevada corporation law and
will be issued in compliance with all federal, state and applicable corporation and
securities laws.

    

    (g)           IDEH shall have delivered a
legal opinion in substantially the form attached hereto as Exhibit
4.1(g).

    

    4.2          Conditions Precedent to the
Obligations of IDEH.

    

    All
obligations of IDEH under this Agreement are subject to the fulfillment, prior
to or at the Closing, of each of the following conditions:

    

    (a)           The
representations and warranties by Heights 63 and the Seller contained in this
Agreement or in any certificate or document delivered pursuant to the provisions
hereof shall be true in all material respects at and as of the Closing as though
such representations and warranties were made at and as of such
time.

    

    (b)           Seller
shall have performed and complied with, in all material respects, all covenants,
agreements, and conditions required by this Agreement to be performed or
complied with prior to or at the Closing.

    

    (c)           IDEH
and Bernard J. Tanenbaum, Michael T. Williams, and JTMW Partners shall enter
into a Redemption Agreement pursuant to which IDEH shall redeem 30,710,000 shares of
IDEH common stock for a total redemption price of up to $510,000, $60,000 of
which is to be paid at the Closing by wire transfer, and $450,000 of which is to
be paid in the form of a 45-day secured promissory note.  The
Redemption Agreement and the promissory note shall be in the form set forth in
Schedule “B” hereto.

    

    4.3          Nature and Survival of
Representations.

    

    All
representations, warranties and covenants made by any party in this Agreement
shall survive the Closing and the consummation of the transactions contemplated
hereby for one year from the Closing.  All of the parties hereto are
executing and carrying out the provisions of this Agreement in reliance solely
on the representations, warranties and covenants and agreements contained in
this Agreement and not upon any investigation upon which it might have made or
any representation, warranty, agreement, promise or information, written or
oral, made by the other party or any other person other than as specifically set
forth herein.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    ARTICLE
V

    DOCUMENTS
DELIVERED AT CLOSING

    

    5.1          Documents at
Closing.

    

    At the
Closing, the following documents shall be delivered:

    

    (a)
Heights 63 will deliver, or will cause to be delivered, to IDEH the
following:

    

    (i)  a certificate executed
by the members of Heights 63 to the effect that all representations and
warranties made by Heights 63 under this Agreement are true and correct as of
the Closing, the same as though originally given to IDEH on said
date;

    

    (ii)  a certificate from the
jurisdiction of incorporation of Heights 63 dated at or about the Closing to the
effect that Heights 63 is in good standing under the laws of said
jurisdiction;

    

    (iii)  such other
instruments, documents and certificates, if any, as are required to be delivered
pursuant to the provisions of this Agreement;

    

    (iv)  certified copies of
resolutions adopted by the directors of Heights 63 authorizing this transaction;
and

    

    (v)  all other items, the
delivery of which is a condition precedent to the obligations of Heights 63 as
set forth herein.

    

    (vi)          Seller
shall have delivered a legal opinion in substantially the form attached hereto
as Exhibit 5.1(a)(vi).

    

    (b) IDEH
will deliver or cause to be delivered to Seller:

    

    (i)  stock certificates
representing the Consideration Shares to be issued as the Purchase
Price;

    

    (ii)  a certificate of the
President of IDEH, to the effect that all representations and warranties of IDEH
made under this Agreement are true and correct as of the Closing, the same as
though originally given to Seller on said date;

    

    (iii)  certified
copies of resolutions adopted by IDEH’s board of directors authorizing the
transaction contemplated hereunder and all related matters described
herein;

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    (iv)  certificate from the
jurisdiction of incorporation of IDEH dated at or about the Closing Date that
IDEH is in good standing under the laws of said state;

    

    (v)  such other instruments
and documents as are required to be delivered pursuant to the provisions of this
Agreement;

    

    (vi)  resignations  of
Bernard J. Tanenbaum III and Michael T. Williams as officers and directors of
IDEH and appointment of new officers and directors as directed by Seller;
and

    

    (vii)  all
corporate and financial records of IDEH shall be delivered to Seller.

    

    (viii)   IDEH shall have delivered a
legal opinion in substantially the form attached hereto as Exhibit
5.1B)(viii).

     

    ARTICLE
VI

    INDEMNIFICATION

    

    6.1          Indemnification.

    

    For a
period of one year from the Closing, IDEH agrees to indemnify and hold harmless
Heights 63 and the Seller, and Heights 63 and Seller agree to indemnify and hold
harmless IDEH and IDEH’s pre-Closing stockholders, at all times after the date
of this Agreement against and in respect of any liability, damage or deficiency,
all actions, suits, proceedings, demands, assessments, judgments, costs and
expenses including attorney's fees incident to any of the foregoing, resulting
from any material misrepresentations made by an indemnifying party to an
indemnified party, an indemnifying party's breach of covenant or warranty or an
indemnifying party's nonfulfillment of any agreement hereunder, or from any
material misrepresentation in or omission from any certificate furnished or to
be furnished hereunder.

    

    ARTICLE
VII

    COVENANTS

    

    7.1          Tax Free
Reorganization.

    

    It is
intended by the parties that the Reorganization will constitute a reorganization
within the meaning of Section 368 of the Internal Revenue Code of 1986, as
amended, and the parties agree that if modification of the terms of this
Agreement in a non-material manner to attain such qualification is necessary,
they will negotiate in good faith to make such required
modifications.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    7.2          Finders Fee.

    

    In the event that any broker or finder
is entitled to be paid a fee in connection with the transactions contemplated by
this Agreement, any such fee shall be paid after the Closing and shall not be
deemed to be a liability of the IDEH prior to the Closing

    

    ARTICLE
VIII

    MISCELLANEOUS

    

    8.1          Specific
Performance.

    

    Each of the parties hereto acknowledges
and agrees that the other parties would be damaged irreparably in the event any
of the provisions of this Agreement are not performed in accordance with their
specific terms or otherwise are breached. Accordingly, each of the parties
agrees that the other parties shall be entitled, without the necessity of
pleading or proving irreparable harm or lack of an adequate remedy at law, to an
injunction or injunctions to prevent breaches of the provisions of this
Agreement and to enforce specifically this Agreement and the terms and
provisions hereof. Any such claim for specific performance or other equitable
relief shall be brought and determined in the appropriate federal or state court
in the State of New York located in New York City and in no other forum. The
Parties hereby irrevocably submit to the jurisdiction of any such New York state
court or federal court in connection with such claim for a specific performance
or other equitable relief.

    

    8.2          Miscellaneous.

    

    (a)  Public Announcement.  Until
the Closing, IDEH shall not make or issue, or cause to be made or issued, any
announcement or written statement concerning this Agreement or the transactions
contemplated hereby for dissemination to the general public without the prior
consent of Heights 63 except, as determined by IDEH, to be required by
law.

    

    (b)  Further
Assurances.  At any time, and from time to time, after the
Closing Date, each party will execute such additional instruments and take such
action as may be reasonably requested by the other party to confirm or perfect
title to any property transferred hereunder or otherwise to carry out the intent
and purposes of this Agreement.

    

    (c)  Waiver.  Any
failure on the part of any party hereto to comply with any of its obligations,
agreements or conditions hereunder may be waived in writing by the party to whom
such compliance is owed.

    

    (d)  Amendment.  This
Agreement may be amended only in writing as agreed to by all parties
hereto.

    

    (e)  Notices.  All
notices and other communications hereunder shall be in writing and shall be
deemed to have been given if delivered in person,  sent by prepaid
first class registered or certified mail, return receipt requested, prepaid
overnight courier for next business day delivery, or by email or facsimile with
positive confirmation of delivery, to the following addresses:

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    To IDEH (Post Closing):

    

    International Development and
Environmental Holdings, Inc.

    

    
      
        
          
            
              
                	
                        To
      Heights 63:

                      
	 
      
	
                        Scott
      Lieberman

                      
	
                        c/o
      2009 Venture Group, LLC

                      
	
                        4162
      Broadway

                      
	
                        New
      York, NY 10033

                      
	
                        Tel:

                      	 
      
	
                        Fax:

                      	 
      
	
                        Email:
      scottyhd@aol.com

                      
	 
      
	
                        To
      Seller:

                      
	 
      
	
                        Scott
      Lieberman

                      
	
                        c/o
      2009 Venture Group, LLC

                      
	
                        4162
      Broadway

                      
	
                        New
      York, NY 10033

                      
	
                        Tel:

                      	 
      
	
                        Fax:

                      	 
      
	
                        Email: mailto:scottyhd@aol.com

                      
	 
      
	
                        With
      copy to:

                      
	 
      
	
                        Paul
      Goodman, Esq.

                      
	
                        Cyruli
      Shanks Hart & Zizmor, LLP

                      
	
                        Lexington
      Avenue, Suite 2320

                      
	
                        New
      York, NY 10170

                      
	
                        Tel:
      212 661-6800

                      
	
                        Fax:
      212 661-5350

                      
	
                        Email:
      pgoodman@cszlaw.com

                      
	 
      
	
                        To
      JTMW Partners:

                      
	 
      
	
                        Bernard
      J. Tanenbaum III

                      
	
                        333
      Sandy Springs Circle, Suite 230

                      
	
                        Atlanta,
      GA 30328

                      
	
                        Tel:
      770 394-1234

                      
	
                        Fax:
      404
257-9125

                      

              

            

          

        

      

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      
        
          	
                  Email:  jtanenbaum@primuscap.com

                
	 
      
	
                  and

                
	 
      
	
                  Michael T.
      Williams

                
	
                  Williams Law
      Group

                
	
                  2503
      W. Gardner Ct.

                
	
                  Tampa,
      FL 33611

                
	
                  Tel:
      813 831-9348

                
	
                  Fax:
      813 832-5284

                
	
                  Email:
      wmslaw@tampabay.rr.com

                
	 
      
	
                  With
      copy to:

                
	 
      
	
                  David
      A. Rapaport, Esq.

                
	
                  Law
      Offices of David A. Rapaport

                
	
                  435
      Watergate Way

                
	
                  Roswell,
      GA 30076

                
	
                  Tel:  770
      587-1144

                
	
                  Fax:
      866 835-9632

                
	
                  Email:
      mailto:rapaportlaw@gmail.com

                

        

      

    

     

    (f)  Headings.  The
section and subsection headings in this Agreement are inserted for convenience
only and shall not affect in any way the meaning or interpretation of this
Agreement.

    

    (g)  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.

    

    (h)  Governing
Law.  This Agreement shall be construed and enforced in
accordance with the laws of the State of New York.

    

    (i)  Binding
Effect.  This Agreement shall be binding upon the parties
hereto and inure to the benefit of the parties, their respective heirs,
administrators, executors, successors and assigns.

    

    (j)  Entire
Agreement.  This Agreement and the attached Exhibits constitute
the entire agreement of the parties covering everything agreed upon or
understood in the transaction.  There are no oral promises,
conditions, representations, understandings, interpretations or terms of any
kind as conditions or inducements to the execution hereof.

    

    (k)  Severability.  If
any part of this Agreement is deemed to be unenforceable the balance of the
Agreement shall remain in full force and effect.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

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

    

    
      
        
          
            
              	 
      	
                      International
      Development and

                    
	 
      	
                      Environmental
      Holdings, Inc.

                    
	 
      	 
      
	 
      	
                      By:

                    	 
      
	 
      	
                      Title:
      Bernard J. Tanenbaum III, CEO

                    
	 
      	 
      
	 
      	
                      Heights
      63 Management, LLC

                    
	 
      	 
      
	 
      	
                      By:

                    	 
      
	 
      	
                      Title:
      Scott Lieberman, Managing Member

                    
	 
      	 
      
	 
      	
                      Seller:

                    
	 
      	 
      
	 
      	
                       

                    
	 
      	
                      Scott
      Lieberman

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