Document:

exhibit 10.1

     

    Exhibit
      10.1

    The
      Letter of Intent on Assets Reorganization

    

    This
      Letter of Intent on Assets Reorganization (hereinafter called ‘the Letter of
      Intent’) defines terms and conditions for the cooperation between the Jiangxi
      Taina Nanfeng Tangerine Orange Ltd. (hereinafter called ‘the Taina’) and the
      Royal Nanfeng Tangerine Orange Sciences & Technologies Ltd. (hereinafter
      called ‘the Royal’) on reorganizing the assets of the Royal. 

     

    Article
      1. The Parties

     

      
      Jiangxi Taina Nanfeng Tangerine Orange Ltd.

     
      Address: Fuxi Industrial Park, Nanfeng County, Jiangxi Province

     
      Royal Nanfeng Tangerine Sciences & Technologies Ltd.

     
      Address: Fuxi Industrial Park, Nanfeng County, Jiangxi Province

     

      
      Article 2. Prerequisites

     

      
      Both parties shall cooperate on the basis of the following
      prerequisites:

    1.
      The
      Taina is a wholly-funded subsidiary of CHFR, a listed company at OTCBB,
      USA.

    2.
      The
      Royal shall make a due diligence investigation into the Taina, and assess its
      funding, team strength and operating experience necessary for this assets
      reorganization project by reviewing its capital background, scale of assets,
      project team and investment expertise. 

    3.
      The
      Taina shall make a due diligence investigation into the Royal, and assess its
      capabilities to improve its assets quality and identify its performance
      potential as a result of a reasonable assets reorganization by reviewing its
      industrial background, market potential, management team and financial status.
      

     

      
      Article 3. Details of Assets Reorganization

     

      
      The assets reorganization mentioned in this agreement shall include the
      following information:

    1.
      The
      Taina shall merge and acquire the assets of the Royal step by step before
      December 31, 2007, including its production bases of tangerine orange and
      production lines of fruit wine and beverage; 

    2.
      Since
      the date when this letter of intent takes effect, the Taina shall be involved
      in
      a gradual take-over of the businesses of the Royal, which has to be completely
      finished before December 31, 2007. 

     

    Article
      4. Process of Assets Reorganization

     

    Both
      parties shall agree to abide by the following process in the merger and
      acquisition of the Royal: 

    1.
      The
      Royal shall provide a list of the assets in its control;

    2.
      Both
      parties shall negotiate to decide a price for the merger and
      acquisition;

    3.
      The
      Taina shall pay for the merger and acquisition in cash or shares to the
      Royal;

    4.
      Both
      parties shall deal with procedures of assets transfer.

     

      
      Article 5. Payment

     

      
      The Taina shall make the payment in cash or shares of CHFR.

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

      
      Article 6. Breach and Relief

     

      
      1. Either of both parties shall be deemed to breach this agreement, as a result
      of its failure to carry out its obligations defined in the agreement in case
      of:

     
      (1)
      Either
      of both parties fails to implement, incompletely implements, or defers to
      implement its obligations under this agreement;

     
      (2)
      Failed
      action or other action of any of both parties makes right(s) obtainable for
      the
      other party under this agreement invalid, cancelable or incomplete.

    In
      case
      of sole or combined occurrence of the aforesaid conditions, the other party
      shall have the right to terminate its obligations, and continue to implement
      them after the elimination of any breach by any of both parties; 

    1.
      The
      rights and relief defined in this agreement shall be accrued, without exclusion
      of other rights or relief required by laws; 

    2.
      A
      waiver of either party in this agreement for the relief as a result of any
      breach shall only be valid, if made in a written form. No waiver shall be
      deemed, if either party fails or defers to execute any of its rights or relief
      under the agreement; partial execution of any of its rights or relief by the
      party shall not prevent it from implementing other rights or relief.

     

    Article
      7. Change and Cancellation

     

    1.
      Any
      change concerning this agreement shall be made in written and signed by either
      party. Otherwise, such a change shall not constrain either party of the
      agreement.

    2.
      Any
      change to and cancellation of this agreement shall not affect the right of
      either party to claim on damage compensation. For any damage to either party
      arising out of a change or cancellation of the agreement, the party liable
      for
      the damage shall compensate the other party, except any obligation to be
      exempted according to laws. 

     

    Article
      8. Notice and Delivery

     

    1.
      Any
      notice or other communications with respect to this agreement and sent by either
      party of this agreement shall be made in written and delivered to the address
      informed in written; 

    2.
      Any
      communication document sent in person shall be deemed to be delivered at the
      time of actual delivery. Any notice or other communications sent in a letter
      form shall be deemed to be delivered 48 hours after mailed. Any notice or other
      communications sent in fax shall be deemed to be delivered at the time of actual
      sending; any notice or other communications sent in telex shall be deemed to
      be
      delivered 24 hours after actual sending, however, except otherwise specified
      in
      this agreement.

     

    Article
      9. Dispute Resolution

     

    Both
      parties shall firstly negotiate to solve any dispute arising out of this
      agreement. If failed, either party shall have the right to submit the dispute
      to
      the jurisdiction of a court. The dispute mentioned in this article shall refer
      to those incurred between both parties on whether this agreement is valid,
      the
      time of validity, explanations of the content of and implementation of this
      agreement, obligations for any breach, and changes, cancellation and termination
      of this agreement.

     

    Article
      10. Effectiveness

     

    1.
      This
      agreement shall be valid since the date of signature by authorized
      representatives of both parties;

    2.
      Attachments to this agreement shall form an integral part of, and shall be
      equally effective with, this agreement;

    3.
      This
      agreement and its attachments shall form a complete agreement between the
      parties concerned, and any correspondence, statement, contract or any other
      document of any party signed before this agreement shall not precede over this
      agreement and its attachments in any time;

    4.
      Any
      article of this agreement shall be invalid, if conflicted with laws and
      regulations applicable for the agreement, but shall not affect the effectiveness
      of other articles of, and the overall effectiveness of, this agreement. Either
      party shall negotiate to enter into a new article to replace the invalid
      article;

    5.
      Either
      party acknowledges that it has signed this agreement willingly, and has already
      specified the obligations and rights for either party under this agreement,
      without any condition of fraud, menace, critical misunderstanding or
      unfairness;

    6.
      This
      agreement shall be made in duplicate, and either party shall maintain one of
      the
      copies, which has the same effectiveness. 

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

    The
      section below the line is made for signature, and no text is
      included.

    

    

    Jiangxi
      Taina Nanfeng Tangerine Orange:

    Representative:

    

    

    Royal
      Nanfeng Tangerine Sciences & Technologies

    Representative:

     

     

    
      
        
        

      

      
        3EX-10.1

Exhibit 10.1

FIRST AMENDMENT

TO

CIRRUS LOGIC, INC.

2006 STOCK INCENTIVE PLAN

WHEREAS, Cirrus Logic, Inc. (the “Company”) has heretofore adopted the Cirrus Logic, Inc. 2006
Stock Incentive Plan (the “Plan”); and

WHEREAS, pursuant to Section 13.2 of the Plan, the board of directors of the Company may amend
the Plan from time to time; and

WHEREAS, the board of directors of the Company desire to amend the Plan in certain respects;

NOW, THEREFORE, effective as of February 14, 2007, the Plan is hereby amended as follows:

	 	1.	 	A new Section 6A, which shall be entitled “Additional Vesting Provisions for
Full-Value Awards” and shall include new Sections 6A.1 and 6A.2, is hereby added to
the Plan to read as follows:

	 	 	 	“Section 6A. ADDITIONAL VESTING PROVISIONS FOR FULL-VALUE AWARDS

6A.1 Minimum Vesting Periods. Notwithstanding any provision in the
Plan to the contrary, a Full-Value Award granted under the Plan shall be subject to
a minimum vesting period of one year if such Award is based on the satisfaction of
performance criteria or objectives and a minimum vesting period of three years if
such Award is based on the Holder’s continued employment as an Employee with the
Company or continued service as a Consultant or Director; provided, however, in the
Committee’s sole discretion, Full-Value Awards representing no more than five
percent of the aggregate number of shares of Common Stock that may be issued under
the Plan may be granted without being subject to the aforementioned minimum vesting
periods.

6A.2 Restrictions on Waiver of Vesting Periods. Notwithstanding any
provision in the Plan to the contrary, the Committee shall not have the
discretionary authority to waive the vesting period applicable to a Full-Value
Award, except in the case of death, disability, retirement, or Corporate Change.”

	 	2.	 	As amended hereby, the Plan is specifically ratified and reaffirmed.

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