Document:

Sales Contract of Podium Building of Galaxy Golf Garden

Seller: Galaxy Industrial (Shenzhen) Co., Ltd (hereunder referred as Party A)

Registered Address: 19/F, Galaxy Center, No. 18, Central Road 5th, Futian District, Shenzhen

Enterprise Qualification Number: SREZI No. 3000389729

Authorized Agent: Tan Yaoming

Buyer: Shenzhen Digital Image Technology Co., Ltd. (hereunder referred as Party B)

Authorized Agent: Wang Yaqi

Project Address:

Room 01B, 02/F, Podium Building, Guodu Golf Garden(Luzhi Xuan, Luyi Xuan and Lutao Xuan), North of Xinsha Road, Futian District, Shenzhen

In accordance with Contract Law of People’s Republic of China, City Real Estate Management Law of People’s Republic of China and other pertinent laws and regulations, Party A and Party B conclude following agreements about trading above mentioned Project Address based on equal, volunteer and consistent principles.

Article 1. Party A gets the proprietary for above mentioned Project Address by Self-Built. Basic status of that Party B purchased is as: it mentions the 2nd floor of the project regulated in Article 1 (hereunder referred as the Office Building, refer to Appendix 1 for Plane Graph); the Office Building is used for office purpose with total 32 floors including 30 floors overground and 2 floors underground. The Office Building is registered total 2081.61sq.m., including inner area 1774.85 sq.m. and 306.76 sq.m. of public and sharing area. Party A swears this Real Estate is not pledged or sealed up, and that Party A enjoys full disposal right for this Real Estate.

Article 2. Pricing and Payment: Party A and Party B assume to calculate the pricing by following formula: unit price of the Office Building is RMB 32,000/sq.m., total payment is RMB 66,600,000, SAYING TOTAL RMB SIXTY-SIX MILLION AND SIX HUNDRED THOUSAND ONLY.

  

  

 

Article 3. Area Confirmation and Area Difference Processing. In accordance with the Pricing Way that the Client chose, it is regulated to make area confirmation and deal with area difference by construction area (called Area for short). If it is different between contractual area and registered area, take the latter as the correct.

Article 4. Payment and Payment Terms. Party B shall make payment by instalments:

	
(1)

	
Since the signing date, Payment B should pay for Party A with RMB 5,000,000 (SAYING RMB FIVE MILLION ONLY) as deposits. The deposits could be charged against the first installment after Party B transacted with mortgage procedures with assistance of Party A.

	
(2)

	
Party A should assist Party B to transact mortgage procedures: after being acquainted with that bank will release mortgage loan, Party B should realize pertinent regulations about mortgage loan from bank or designated law office, prepare pertinent lawful documents, and fill in Mortgage Loan Application. After received the Application, the bank will release Mortgage Agreement Notice or Mortgage Commitment to Party B based on Party B satisfies with mortgage conditions. Party B should pay for Party A with the first installment at thirty percent equal to RMB 14,980,000 (SAYING RMB FOURTEEN MILLION AND NINE HUNDRED AND EIGHTY THOUSAND ONLY).

	
(3)

	
The Buyer, Development Company and bank should transact mortgage registration formalities from Real Estate Management Authority with Building Mortgage Loan Contract and Purchase Contract within three working days after Party A received the first installment at RMB 14,980,000 paid by Party B.

Article 5. Overdue Breach Responsibility. Party B, if did not pay for Party A within regulated terms, should:

	
(1)

	
pay for Party A with penalties at one ten-thousandth of payables per day from the second day upon payment date to the actual payment day if the payment is overdue within five days.

  

  

 

	
(2)

	
Or Party A reserves the right to release this Contract if the payment is overdue over five days. If Party B would like perform the Contract still, the Contract could be performed based on agreement of Party A, but Party B should pay for Party A with penalties at one ten-thousandth (the rate cannot be lower than that shown in Article 5 (1)) of payables per day from the second day upon payment date to the actual payment day.

Article 6. Others:

	
(1)

	
If Party B cannot purchase the real estate by loans caused by Party A did not assist Party B to transact mortgage procedures successfully, the Contract is cancelled at once, Party A should return the deposits to Party B within three working days.

	
(2)

	
Any excluded affairs should be negotiated between both parties, failed to be negotiated should be litigated to People’s Court within Party A’s local jurisdiction.

	
(3)

	
The Contract will be effective since singing and stamping date, which includes four copies (each party holds one and other two copies will be sent to pertinent authorities for recording).

	
Party A (Stamp)

	
Party B (Stamp)EXHIBIT 10.1.1

AMENDMENT NO. 1 TO

REGISTRATION RIGHTS AGREEMENT

 

This AMENDMENT NO. 1 TO REGISTRATION RIGHTS AGREEMENT, dated as of December 16, 2011 (this “Amendment”), is executed by and among LiveDeal, Inc., a Nevada corporation (the “Company”) and the several purchasers signatory hereto.  Capitalized terms used, but not otherwise defined herein, shall have the meanings ascribed thereto in the Registration Rights Agreement (defined below).

 

WITNESSETH:

 

WHEREAS, the Company and the several purchasers signatory thereto entered into that certain Registration Rights Agreement dated as of December 12, 2011 (the “Registration Rights Agreement”); and

 

WHEREAS, as provided herein, the parties hereto have agreed to amend certain provisions of the Registration Rights Agreement as described below.

 

NOW, THEREFORE, in consideration of the premises and the mutual agreements hereinafter set forth, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto hereby agree as follows:

 

SECTION 1.   Amendment to the Registration Rights Agreement.  Effective as of the date hereof, Section 2(b) of the Registration Rights Agreement shall be amended in its entirety to read as follows:

 

(b) Cutback Securities.  Notwithstanding the provisions of this Section 2, if (i) after the Effective Date, the Registration Statement ceases to be effective and available to the Holders as to all of the Registrable Securities (whether upon the delivery of a notice pursuant to Section 2 or otherwise) at any time prior to the Termination Date without becoming available to the Holders as to all of the Registrable Securities within twenty (20) Trading Days pursuant to the delivery of an Advice, or (ii) at the time of effectiveness of the Registration Statement, such Registration Statement is not available to the Holders as to all of the Registrable Securities; in either case, caused by the assertion by the Commission that the number of shares proposed to be registered under the Registration Statement constitutes an offering by or on behalf of the Company not at a fixed price, the Company shall use its best efforts to register the maximum number of shares permissible by the Commission to retain the status of the offering as a secondary offering under Rule 415.  In reducing the number of shares to be registered under the Registration Statement, the Company shall omit Registrable Securities (such omitted Registrable Securities, the “Rule 415 Cutback Securities”) pro rata per Holder based on the number of Shares held by the respective Holders.

 

  

  

  

SECTION 2.   Effectiveness of Amendment.  Except as expressly amended by the terms of this Amendment, all terms and conditions of the Registration Rights Agreement shall remain in full force and effect and are hereby ratified and confirmed.  This Amendment is effective only for the specific purpose for which it is given and shall not operate as consent, waiver, amendment or other modification of any other term or condition set forth in the Registration Rights Agreement or any right, power or remedy of any party under the Registration Rights Agreement.  Upon the effectiveness of this Amendment, each reference in the Registration Rights Agreement to “this Agreement”, “hereof”, “herein”, “hereunder” or words of like import shall mean and be references to the Registration Rights Agreement as amended hereby, and each reference in any other document to the Registration Rights Agreement shall mean and be references to the Registration Rights Agreement or to such terms as modified hereby.

 

SECTION 3.   Governing Law.  All questions concerning the construction, validity, enforcement and interpretation of this Amendment shall be governed by and construed and enforced in accordance with the internal laws of the State of California, without regard to the principles of conflicts of law thereof.

 

SECTION 4.   Severability.  If any term, provision, covenant or restriction of this Amendment is held by a court of competent jurisdiction to be invalid, illegal, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions set forth herein shall remain in full force and effect and shall in no way be affected, impaired or invalidated, and the parties hereto shall use their reasonable efforts to find and employ an alternative means to achieve the same or substantially the same result as that contemplated by such term, provision, covenant or restriction.  It is hereby stipulated and declared to be the intention of the parties that they would have executed the remaining terms, provisions, covenants and restrictions without including any of such that may be hereafter declared invalid, illegal, void or unenforceable.

 

SECTION 5.   Binding Effect.  This Amendment shall inure to the benefit of and be binding upon the successors and permitted assigns of each of the parties and shall inure to the benefit of each Holder.

 

SECTION 6.   Headings.  The Section headings herein are for convenience only and will not affect the construction hereof.

 

SECTION 7.   Counterparts.  This Amendment may be executed in any number of counterparts, each of which when so executed shall be deemed to be an original and, all of which taken together shall constitute one and the same Amendment, it being understood that the parties need not sign the same counterpart.  In the event that any signature is delivered by facsimile or electronic transmission, such signature shall create a valid and binding obligation of the party executing (or on whose behalf such signature is executed) with the same force and effect as if such facsimile or electronic signature page were an original thereof.

 

[SIGNATURE PAGES TO FOLLOW]

 

  

  

  

IN WITNESS WHEREOF, the undersigned has caused this Amendment to be duly executed by its authorized signatory as of the date first indicated above.

 

	  	
LiveDeal, Inc., a Nevada corporation

	  	  	  
	  	
By:

	
/s/ Kevin Hall

	  	  	
Kevin Hall

	  	  	
President and Chief Executive Officer

 

[ REMAINDER OF PAGE INTENTIONALLY LEFT BLANK ]

[ SIGNATURE PAGES FOR HOLDERS FOLLOW ]

 

Amendment No. 1 to Registration Rights Agreement

  

  

  

  

 

IN WITNESS WHEREOF, the undersigned has caused this Amendment to be duly executed by its authorized signatory as of the date first indicated above.

	  	
Isaac Capital Group LLC., a Delaware limited

liability company

	  	  	  
	  	
By:

	
/s/ Jon Isaac

	  	  	
Jon Isaac

	  	  	
Managing Member

 

[ REMAINDER OF PAGE INTENTIONALLY LEFT BLANK ]

[ SIGNATURE PAGES FOR ADDITONAL HOLDERS MAY FOLLOW ]

 

Amendment No. 1 to Registration Rights Agreement

  

  

  

  

IN WITNESS WHEREOF, the undersigned has caused this Amendment to be duly executed by its authorized signatory as of the date first indicated above.

	  	
John Kocmur

	  	  
	  	
/s/ John Kocmur

 

[ REMAINDER OF PAGE INTENTIONALLY LEFT BLANK ]

[ SIGNATURE PAGES FOR ADDITONAL HOLDERS MAY FOLLOW ]

 

Amendment No. 1 to Registration Rights Agreement

 

  

  

  

IN WITNESS WHEREOF, the undersigned has caused this Amendment to be duly executed by its authorized signatory as of the date first indicated above.

	  	
Kingston Diversified Holdings LLC, a Nevis

	  	
limited liability company

	  	  
	  	
By:

	
/s/ Tudor MihaiGavrila

	  	  	
Tudor MihaiGavrila

	  	  	
Managing Member

 

[ REMAINDER OF PAGE INTENTIONALLY LEFT BLANK ]

[ SIGNATURE PAGES FOR ADDITONAL HOLDERS MAY FOLLOW ]

 

Amendment No. 1 to Registration Rights Agreement

 

  

  

  

IN WITNESS WHEREOF, the undersigned has caused this Amendment to be duly executed by its authorized signatory as of the date first indicated above.

	  	
Lausanne LLC., a California limited liability

	  	
company

	  	  
	  	
By:

	
/s/ Elizabeth Sugarman

	  	  	
Elizabeth Sugarman

	  	  	
Managing Member

 

[ REMAINDER OF PAGE INTENTIONALLY LEFT BLANK ]

[ SIGNATURE PAGES FOR ADDITONAL HOLDERS MAY FOLLOW ]

 

Amendment No. 1 to Registration Rights Agreement

 

  

  

  

IN WITNESS WHEREOF, the undersigned has caused this Amendment to be duly executed by its authorized signatory as of the date first indicated above.

	  	
Augustus Gardini, L.P., a California limited

	  	
partnership

	  	  	  	  
	  	
By:

	
151 Rodeo Corp., a California corporation,

	  	  	
its General Partner

	 	 	 
	  	  	
By:

	
/s/ Steven Sugarman

	  	  	  	
Steven Sugarman

	  	  	  	
President

 

Amendment No. 1 to Registration Rights Agreement

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00197-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00197-of-00352.parquet"}]]