Document:

Exhibit 10.12

     

    EMPLOYMENT
AGREEMENT

    

    EMPLOYMENT AGREEMENT, dated July 30,
2010 (this “Employment
Agreement”), between CHINA BROADBAND, INC., a Nevada corporation (the
“Company”), and CLIVE
NG, an individual having an address as specified on the signature page hereto
(the “Executive”).

    

    BACKGROUND

    

    The Company wishes to secure the
services of the Executive in such position with respect to the Company as shall
be determined by the Board of Directors of
the Company upon the terms and conditions hereinafter set forth, and the
Executive wishes to render such services to the Company upon the terms and
conditions hereinafter set forth.

    

    AGREEMENT

    

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

    

    1.           Employment by the
Company.  The Company agrees to employ the Executive in such
position with respect to the Company as shall be determined by the Board of
Directors of
the Company and the Executive accepts such employment and agrees to perform such
duties.  The Executive agrees to devote a majority of his business
time and energies to the business of the Company and/or its Subsidiaries and/or
Affiliates and to faithfully and diligently perform his duties
hereunder.  Notwithstanding anything to the contrary contained herein,
the Company acknowledges and agrees that the Executive may, during the Term (as
defined below), (i) continue to serve as an officer and/or director of China
Cablecom, Ltd. and China Networks International Holdings, Ltd., (ii) manage
personal and family investments, and (iii) serve as a director, board or other
committee member or trustee or in any other advisory capacity to any companies
or entities if such activities do not materially interfere with his services to
the Company.

     

    2.           Term of
Employment.  The term of this Employment Agreement (the “Term”) shall be for the
initial period commencing on the Closing Date (as defined in the Purchase
Agreement) and ending on the first anniversary of the Closing Date, at which
point it shall be automatically renewed for additional one year periods unless
(a) either party hereto provides written notice to the other party that it
elects not to renew the Term or (b) the Executive is earlier terminated as
provided in Section 4 hereof (provided that the provisions of Section 6 hereof
shall survive any such termination).

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

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

     

    3.1           Salary.  An
annual base salary of $225,000 (the
“Base Salary”) payable
not less frequently than monthly or at more frequent intervals in accordance
with the then customary payroll practices of the Company.

     

    3.2           Bonus.  An
annual bonus if, as and when determine by the Board in its sole
discretion.

     

    3.3           Participation in Employee
Benefit Plans; Other Benefits.  The Executive shall be
permitted during the Term to participate in all employee benefit plans, policies
and practices now or hereafter maintained by or on behalf of the Company
commensurate with the Executive's position with the Company.  Nothing
in this Employment Agreement shall preclude the Company from terminating or
amending any such plans or coverage so as to eliminate, reduce or otherwise
change any benefit payable thereunder, so long as such change similarly affects
all Company employees.  During the Term, the Company will maintain a
group health program for its employees.

     

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

     

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

     

    4.           Termination.

     

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

     

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

     

    
      
         

      

      
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    4.3           Termination for
Cause.  The Company may at any time by written notice to the
Executive terminate this Employment Agreement immediately and, except as
provided in Section 5.2 hereof, the Executive shall have no right to receive any
compensation or benefit hereunder on and after the date of such notice, in the
event that an event of “Cause” occurs.  For purposes of this
Employment Agreement “Cause” shall mean:

     

    4.3.1             the
Executive breaches any material term of this Employment Agreement and fails to
cure such breach (where capable of cure) within 14 days after the receipt of
notice from the Board of such breach, which notice shall state in reasonable
detail the facts and circumstances claimed to be a breach and of the intent of
the Company to terminate the Executive's employment upon the failure of the
Executive to cure such breach; or

     

    4.3.2             a
good faith determination by the Board that the Executive has committed a
felonious act of fraud, misappropriation, embezzlement, or theft or a breach of
fiduciary duty involving personal profit; or

     

    4.3.3             the
Executive is indicted for any criminal offense constituting a felony or a crime
involving moral turpitude.

     

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

     

    5.           Severance
Payments.

     

    5.1           Certain Severance
Payments.  If during the Term the Company terminates this
Employment Agreement pursuant to Section 4.4 hereof (Termination without Cause),
all compensation payable to the Executive under Section 3 hereof shall cease as
of the date of termination specified in the Company's notice (the “Termination Date”), and the
Company shall pay to the Executive, subject to Section 6 hereof, the following
sums:  (i) the Base Salary on the Termination Date for the shorter of
(x) six months and (y) the remainder of the Term (the applicable period being
referred to as the “Severance
Period”), payable in monthly installments; (ii) benefits under group
health and life insurance plans in which the Executive participated prior to
termination through the Severance Period; (iii) all unpaid expenses described in
Section 3.4 and (iv) all previously earned, accrued, and unpaid benefits from
the Company and its employee benefit plans, including any such benefits under
the Company's pension, disability, and life insurance plans, policies, and
programs, if any.  If, prior to the date on which the Company's
obligations under clause (i) of this Section 5.1 cease, the Executive violates
Section 6 hereof, then the Company shall have no obligation to make any of the
payments that remain payable by the Company under clauses (i) and (ii) of this
Section 5.1 on or after the date of such violation.  Notwithstanding
the foregoing, payments of the amounts described in clauses (i) and (ii) of this
Section 5.1 shall be conditioned on the delivery by the executive of a release
of any and all claims that the Executive may have against the Company through
the date of termination, which release shall be in form and substance
satisfactory to the Company.

     

    
      
         

      

      
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    5.2           Severance Payments upon
Termination for Cause, Death or Disability.  If this Employment
Agreement is terminated by the Company pursuant to Sections 4.1 (Termination
upon Death), 4.2 (Termination upon Disability) or 4.3 (Termination for Cause)
hereof, the Executive shall receive only the amounts specified in clause (iii)
of Section 5.1 hereof.

     

    6.           Certain
Covenants of the Executive.

     

    6.1           Covenants Against
Competition.  The Executive acknowledges that: (i) he is one of
the limited number of persons who will develop the pay-per-view business of the
Company (the “Company's Current
Lines of Business”); (ii) the Company conducts such business in the
People’s Republic of China; (iii) his work for the Company and its Subsidiaries
and Affiliates, will bring him into close contact with many confidential affairs
not readily available to the public; and (iv) the covenants contained in this
Section 6 will not involve a substantial hardship upon his future
livelihood.  In order to induce the Company to enter into this
Employment Agreement, the Executive covenants and agrees that:

     

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

     

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

     

    
      
        
        

      

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

     

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

     

    6.1.5             Business
Opportunities.  During the Term or the Severance Period,
whichever is applicable, the Executive shall promptly disclose to the Company
any business idea or opportunity which falls within the meaning of the Company's
Current Lines of Business, which business idea or opportunity shall become the
sole property of the Company.

     

    6.2           Rights and Remedies Upon
Breach.  If the Executive breaches, or threatens to commit a
breach of, any of the provisions of Section 6.1 hereof (collectively, the “Restrictive Covenants”), the
Company and its Subsidiaries and Affiliates shall, in addition to the rights set
forth in Section 5.1 hereof, have the right and remedy to seek from any court of
competent jurisdiction specific performance of the Restrictive Covenants or
injunctive relief against any act which would violate any of the Restrictive
Covenants, it being acknowledged and agreed that any such breach or threatened
breach will cause irreparable injury to the Company and its Subsidiaries and
Affiliates and that money damages will not provide an adequate remedy to the
Company and its Subsidiaries and Affiliates.

     

    
      
         

      

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

     

    7.           Other
Provisions.

     

    7.1           Notices.  Any
notice or other communication required or which may be given hereunder shall be
in writing and shall be delivered personally, telecopied, telegraphed or
telexed, or sent by certified, registered or express mail, postage prepaid, to
the parties at the addresses of the respective parties as specified in the
Purchase Agreement, or at such other addresses as shall be specified by the
parties by like notice, and shall be deemed given when so delivered personally,
telecopied, telegraphed or telexed, or if mailed, two days after the date of
mailing, as follows.

     

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

     

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

     

    7.4           Governing Law, Consent to
Jurisdiction, etc.  All questions concerning the construction,
validity, enforcement and interpretation of this Agreement shall be governed by
and construed and enforced in accordance with the internal laws of the State of
New York, without regard to the principles of conflicts of law thereof (except
Section 5-1401 of New York’s General Obligations Law).  Each party
agrees that all legal proceedings concerning the interpretations, enforcement
and defense of the transactions contemplated by this Agreement (whether brought
against a party hereto or its respective affiliates, directors, officers,
shareholders, employees or agents) shall be commenced exclusively in the state
and federal courts sitting in the City of New York.  Each party hereto
hereby irrevocably submits to the exclusive jurisdiction of the state and
federal courts sitting in the City of New York, New York for the adjudication of
any dispute hereunder, and hereby irrevocably waives, and agrees not to assert
in any suit, action or proceeding, any claim that it is not personally subject
to the jurisdiction of any such court, that such suit, action or proceeding is
improper.  Each party hereto hereby irrevocably waives personal
service of process and consents to process being served in any such suit, action
or proceeding by mailing a copy thereof via registered or certified mail or
overnight delivery (with evidence of delivery) to such party at the address in
effect for notices to it under this Agreement and agrees that such service shall
constitute good and sufficient service of process and notice
thereof.  Nothing contained herein shall be deemed to limit in any way
any right to serve process in any manner permitted by law.

     

    
      
        
        

      

      
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    7.5           Binding Effect;
Benefit.  This Agreement shall inure to the benefit of and be
binding upon the parties hereto and any successors and assigns permitted or
required by Section 7.6 hereof.  Nothing in this Agreement, expressed
or implied, is intended to confer on any person other than the parties hereto or
such successors and assigns, any rights, remedies, obligations or liabilities
under or by reason of this Agreement.

     

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

     

    7.7           
Definitions.  For
purposes of this Agreement:

     

     
 7.7.1             “Affiliate” means a person
that, directly or indirectly, controls or is controlled by, or is under common
control with the Company;

     

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

     

     
 7.7.3             “Subsidiary” means any person
or entity as to which the Company, directly or indirectly, owns or has the power
to vote, or to exercise a controlling influence with respect to, fifty percent
(50%) or more of the securities of any class of such person, the holders of
which class are entitled to vote for the election of directors (or persons
performing similar functions) of such person and shall specifically include any
variable interest entity of the Company whose financial results are consolidated
with those of the Company under U.S. generally accepted accounting
principles.

     

    7.8           Counterparts.  This
Agreement may be executed in two or more counterparts, each of which shall be
deemed an original but all of which together shall constitute one and the same
instrument.

     

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

     

    
      
         

      

      
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    [Signature
page follows]

     

    
      
        
        

      

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

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    
                                      
                                        
                                          
                                            
                                              
                                                
                                                  
                                                    
                                                      
                                                        	 
      	
                                                                COMPANY:

                                                              
	 
      	 
      
	 
      	
                                                                CHINA
      BROADBAND, INC.

                                                              
	 
      	 
      
	 
      	
                                                                By:

                                                              	______________________________ 
      
	 
      	 
      	
                                                                Name:

                                                              
	 
      	 
      	
                                                                Title:

                                                              
	 
      	 
      
	 
      	
                                                                Address:_________________________

                                                              
	 
      	________________________________ 
      
	 
      	________________________________ 
      
	 
      	 
      
	 
      	
                                                                EXECUTIVE:

                                                              
	 
      	 
      
	 
      	
                                                                CLIVE
      NG

                                                              
	 
      	 
      
	 
      	________________________________ 
      
	 
      	 
      
	 
      	
                                                                Address:_________________________

                                                              
	 
      	________________________________ 
      
	 
      	________________________________ 
      

                                                      

                                                    

                                                  

                                                

                                              

                                            

                                          

                                        

                                      

                                    

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

    

    
      
        
        

      

      
        -9-Exhibit
10.13

       

      ORDINARY
SHARE PURCHASE AGREEMENT

       

      This
Ordinary Share Purchase Agreement (“Agreement”)
is made as of ________________, 2010 (the “Effective
Date”), between and among (i) China
Broadband, Inc., a Nevada corporation (“CBBD”);
(ii) China
Broadband, Ltd., a company established and existing under the laws of the
Cayman Islands (the “Buyer”)
and a wholly-owned subsidiary of CBBD; and (iii) Weicheng
Liu, an individual citizen of Canada (the “Seller”).
Capitalized terms not otherwise defined have the meanings assigned to them in
Appendix A. Each of the parties indicated in this preamble is referred to as a
“Party” and
collectively as the “Parties.”

       

      RECITALS

       

      
        	
                A.

              	
                The
      Seller is the sole legal and beneficial owner of one (1) ordinary share
      (the “Share”)
      of Sinotop Group Limited, a Hong Kong company (the “Company”),
      representing one hundred percent (100%) of the issued and outstanding
      shares of the Company.

              

      

       

      
        	
                B.

              	
                CBBD
      is a company whose shares are publicly traded in the United States and the
      100% owner of the Buyer.

              

      

       

      
        	
                C.

              	
                The
      Buyer desires to purchase, and the Seller desires to sell the Share on the
      terms and conditions set forth herein. The consideration for the purchase
      of the Share will take the form of common stock of CBBD. CBBD intends to
      account for the issuance of its shares as a contribution to the capital of
      the Buyer.

              

      

       

      AGREEMENT

       

      The
Parties to this Agreement, intending to be bound thereby, in consideration for
the mutual promises and covenants contained herein and for other good and
valuable consideration, the receipt and sufficiency of which is acknowledged by
the Parties, agree as follows.

       

      ARTICLE
I

       

      PURCHASE
AND SALE OF SHARES; CLOSING

       

      
        	
                1.1

              	
                Sale and
      Purchase of Shares.   On the terms and subject to
      the conditions set forth in this Agreement, at the Closing, Seller will
      sell, transfer and assign to Buyer free and clear of all Encumbrances, and
      Buyer will purchase, acquire and accept from Seller, all of Seller’s
      right, title and interest in the Share for the consideration set forth in
      Section 1.2.

              

      

       

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

       

      
        	
                1.2

              	
                Consideration. In
      consideration of, and in payment for, the sale of the Share as
      contemplated by Section 1.2, the Buyer will deliver to Seller, within
      ten (10) days after Closing, one or more certificates representing such
      number of shares of the common stock of CBBD as is equal to 20.0% of the
      outstanding common stock of CBBD (including the shares of common stock of
      CBBD issuable upon conversion of the outstanding Series A Preferred Shares
      and Series B Preferred Shares of CBBD, but not including any shares of
      common stock of CBBD that are issuable upon the conversion, exercise or
      exchange of any other securities of CBBD that are convertible into or
      exercisable or exchangeable for, common stock of CBBD) immediately
      following the closing (the “CBBD
      Financing Closing”) of the financing referenced in Section 4.1(a)
      hereof (the “CBBD
      Shares”).  In addition, (A) the Seller will receive a
      three-year warrant to purchase a number of shares of CBBD common stock
      that is equal to 20.0% of the total number of shares of CBBD common stock
      underlying all outstanding warrants of CBBD as of immediately following
      the CBBD Financing Closing, (B) the Seller will receive a three-year
      option to purchase a number of shares of CBBD common stock that is equal
      to 20.0% of the total number of shares of CBBD common stock underlying all
      outstanding options of CBBD as of immediately following the CBBD Financing
      Closing, and (C) the Seller will be entitled to earn up to (I) an
      additional 5.0% of the outstanding common stock of CBBD (determined as
      aforesaid),  (II) three-year warrants to purchase a number of
      shares of common stock of CBBD that is equal to 5.0% of all outstanding
      shares underlying outstanding warrants of CBBD as of immediately following
      the CBBD Financing Closing, and (III) a three-year option to purchase a
      number of shares of CBBD common stock that is equal to 5% of the total
      number of shares of CBBD common stock underlying all outstanding options
      of CBBD as of immediately following the CBBD Financing Closing
      (collectively, the securities referred to in clauses (I), (II), and (III)
      are referred to herein as the “Earn-Out
      Securities”), if specified performance milestones, to be adopted by
      the Board of Directors of CBBD within thirty (30) days following the
      Closing, have been achieved.  The Board of Directors of CBBD
      will designate an earn-out period of no longer than two years following
      the Closing and will adopt earn-out milestones relating to net income
      targets or other measures of financial performance that must be achieved
      in order for Seller to receive the Earn-Out Securities and the Board of
      Directors of CBBD shall also indicate how many Earn-Out Securities are to
      be issued to the Seller upon the achievements of a given
      milestone.

              

      

       

      
        	
                1.3

              	
                Closing.   The
      closing of the sale and purchase of the Share under this Agreement (the
      “Closing”)
      will take place at the offices of Pillsbury Winthrop Shaw Pittman, 2475
      Hanover Street, Palo Alto, California, on June 30, 2010, local time, or at
      such other time and/or place as the Seller and the Buyer may mutually
      agree in writing (such date is referred to in this Agreement as the “Closing
      Date”).

              

      

       

      
        	
                1.4

              	
                Deliveries
      at Closing.

              

      

       

      
        	
                 
      

              	
                (a)

              	
                At
      the Closing, the Parties will deliver to one another three (3) fully
      executed originals of this Agreement, unless delivered prior to
      Closing.

              

      

       

      
        	
                 
      

              	
                (b)

              	
                The
      Buyer will deliver to the Seller:

              

      

       

      
        	
                 
      

              	
                (i)

              	
                at
      the Closing, an original duly executed bought note and an original duly
      executed instrument of transfer in the forms attached as Exhibit
      1.1(a)(i);

              

      

       

      
        	
                 
      

              	
                (ii)

              	
                within
      ten (10) days after the Closing, one or more certificates representing the
      CBBD Shares; and

              

      

       

      
        	
                 
      

              	
                (iii)

              	
                at
      the Closing, an employment agreement regarding the employment of Weicheng
      Liu by CBBD, duly executed by Weicheng Liu and CBBD, in substantially the
      form attached as Exhibit
1.1(a)(iii).

              

      

       

      
        	
                 
      

              	
                (c)

              	
                At
      the Closing, the Seller will deliver to the
  Buyer:

              

      

       

      
        	
                 
      

              	
                (iv)

              	
                an
      original duly executed sold note and an original duly executed instrument
      of transfer in the forms attached as part of Exhibit
      1.1(a)(iv);

              

      

       

      
        	
                 
      

              	
                (v)

              	
                the
      original share certificate(s) (1) issued to the Seller and (2) to be
      issued to the Buyer in respect of the Share, if any, assigning the Shares
      to Buyer;

              

      

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

      
        	
                 
      

              	
                (vi)

              	
                A
      certified true copy of resolutions of the board of directors of the
      Company approving the Transactions in the form attached as Exhibit
      1.1(a)(vi);

              

      

       

      
        	
              	
                (vii)

              	
                all
      books and records of the Company (including its company chop and
      seal);

              

      

       

      
        	
              	
                (viii)

              	
                where
      required by the Buyer, duly completed and executed documents required for
      the change in the bank account signatories of all bank accounts of the
      Company to the person designated by the
Buyer;

              

      

       

      
        	
                 
      

              	
                (ix)

              	
                where
      applicable, all powers of attorney or other authorities under which the
      transfer of the Share has been
executed;

              

      

       

      
        	
                 
      

              	
                (x)

              	
                such
      waivers, consents and other documents as the Seller may require to give
      the Buyer good title to the Share free from all claims, liens, charges,
      equities and encumbrances and third party rights of any kind and to enable
      the Buyer to become the registered holders
  thereof;

              

      

       

      
        	
                 
      

              	
                (xi)

              	
                a
      duly executed Consent of Spouse in the form attached as Exhibit
      1.1(a)(xi); and

              

      

       

      
        	
              	
                (xii)

              	
                Such
      documents as may be acceptable to the Buyer evidencing the satisfaction of
      the Conditions to the Buyer’s Obligation to Close set forth in Section
      4.1.

              

      

       

      
        	
                1.5

              	
                Registration
      of Transfer of Share.   Seller
      will ensure that the transfer of the Share pursuant to this Agreement is
      registered with the competent Governmental Authorities, including, without
      limitation, preparing and executing or causing to be executed any other
      documents necessary for the Transactions contemplated by this Agreement,
      and submitting or causing to be submitted the same with the Hong Kong
      Companies Registry and/or any other competent authority and ensure all
      stamp duties are duly paid in accordance with applicable
    laws.

              

      

       

      
        	
                1.6

              	
                Transfer
      Expenses. Any taxes,
      duties, charges and fees payable in respect of the transfer and sale of
      the Share contemplated by this Agreement will be borne by Seller and
      Buyer, respectively, pursuant to the allocation of responsibilities as
      provided under relevant Hong Kong laws and regulations.  In the
      event such laws and regulations do not provide clearly whether certain
      taxes, charges and fees should be paid by Seller or Buyer, Seller and
      Buyer will share such taxes, charges and fees, including any stamp duty,
      equally.

              

      

       

      ARTICLE
II

       

      REPRESENTATIONS
AND WARRANTIES OF THE SELLER

       

      The
Seller hereby represents and warrants to the Buyer, as of the date of this
Agreement and as of the Closing Date, as set forth below.

       

      
        	
                2.1

              	
                Seller. The Seller is an
      individual citizen of Canada and has legal capacity to enter into this
      Agreement and perform his obligations hereunder. The Seller is not
      insolvent, has not declared bankruptcy, has not been the subject of the
      filing of a voluntary or involuntary petition in bankruptcy or any similar
      proceedings, and has not been party to any assignment for the benefit of
      creditors. All acts required to be taken by the Seller to enter into this
      Agreement and to carry out the Transactions have been properly
      taken.  This Agreement constitutes a legal, valid and binding
      obligation of the Seller, enforceable against the Seller in accordance
      with the terms hereof

              

      

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

      
        	
                2.2

              	
                Title to
      the Share.   Seller is the sole owner of and has
      good title to the Share, free and clear of all Encumbrances and transfer
      restrictions, other than restrictions on transferability under securities
      laws of general applicability or as set out in the charter documents of
      the Company. Seller has not previously assigned or purported to assign the
      Share (or any part thereof) to any Person. Seller has made no general
      solicitation in connection with the
Share.

              

      

       

      
        	
                2.3

              	
                Consents
      and Approvals.   To the best of the Seller’s
      knowledge, no consent, action, approval or authorization of, or
      registration, declaration or filing with, any Governmental Authority or
      other third party is required to be obtained by Seller to authorize the
      execution and delivery by Seller of this Agreement or the other
      Transaction Documents, the performance by Seller of the terms hereof and
      thereof or the consummation of the transactions contemplated hereby and
      thereby.

              

      

       

      
        	
                2.4

              	
                Other
      Instruments.   At the Closing, the Seller, to the
      best of his knowledge will have executed any and all instruments necessary
      to effectuate the sale, transfer and assignment of the Share to
      Buyer.

              

      

       

      
        	
                2.5

              	
                Company.   The Company is
      duly organized, validly existing and in good standing under the laws of
      Hong Kong and has full corporate power and authority to own and hold its
      properties and to carry on its business as now conducted and as proposed
      to be conducted. The Company is not insolvent, has not been the subject of
      the filing of a voluntary or involuntary petition to wind-up or any
      proceedings placing it in receivership, and has not been party to any
      assignment for the benefit of creditors. The Company, to the best of the
      Seller’s knowledge, is not required to be qualified, authorized,
      registered or licensed to do business as a foreign corporation in any
      jurisdiction other than the jurisdiction of its incorporation. The Company
      does not own, beneficially or otherwise, any shares or other securities
      of, or any direct or indirect interest of any nature in, any other Entity.
      The Company has never conducted any business under or otherwise used, for
      any purpose or in any jurisdiction, any fictitious name, assumed name,
      trade name or other name, other than “Sinotop Group
    Limited.”

              

      

       

      
        	
                2.6

              	
                Subsidiaries.   Except
      as evidenced by the Sinotop VIE Agreements, (a) the Company does not own
      or control any equity security or other interest of any other corporation,
      partnership, limited liability company or other business entity; and (b)
      the Company is not a participant in any joint venture, partnership,
      limited liability company or similar arrangement. Since its inception, the
      Company has not consolidated or merged with, acquired all or substantially
      all of the assets of, or acquired the stock of or any interest in any
      corporation, partnership, limited liability company or other business
      entity.

              

      

       

      
        	
                2.7

              	
                Charter
      Documents; Records.  
      The Seller has delivered to (or made available for inspection by) the
      Buyer accurate and complete copies of: (a) the memorandum and articles of
      association or other comparable charter documents of the Company,
      including all amendments thereto; and (b) the minutes and other records of
      the meetings and other proceedings (including any actions taken by written
      consent or otherwise without a meeting) of the stockholders of the
      Company, the board of directors of the Company and all committees of the
      board of directors of the Company. There have been no meetings or other
      proceedings of the stockholders of the Company, the board of directors of
      the Company or any committee of the board of directors of the Company that
      are not fully reflected in such minutes or other records.  All
      of the records of the Company are maintained in accordance with sound and
      prudent business practices and in the actual possession and direct control
      of the Company.

              

      

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

      
        	
                2.8

              	
                Capitalization. The total
      authorized share capital of the Company is Ten Thousand Hong Kong Dollars
      (HK$10,000) consisting of Ten Thousand (10,000) ordinary shares
      of  one Hong Kong Dollar (HK$1.00) each, of which one (1) share
      is issued and outstanding. The Seller is the sole shareholder of the
      Company. There is no: (a) outstanding subscription, option, call, warrant
      or right (whether or not currently exercisable) to acquire any shares of
      the capital stock or other securities of the Company; (b) outstanding
      security, instrument or obligation that is or may become convertible into
      or exchangeable for any shares of the capital stock or other securities of
      the Company; or (c) contract or other agreement or arrangement under which
      the Company is or may become obligated to sell or otherwise issue any
      shares of its capital stock or any other securities. There are no
      outstanding obligations of the Company, actual or contingent, to issue or
      deliver or to repurchase, redeem or otherwise acquire any shares of the
      Company. No Person other than the Seller has any right to vote with
      respect to the sale of the Share to the Buyer or any of the other
      Transactions.

              

      

       

      
        	
                2.9

              	
                Title To
      Assets. Except for the
      Sinotop VIE Agreements, the Company owns no assets individually or in the
      aggregate having a value in excess of US$5,000, including accounts, notes
      or other amounts receivable, except for cash in an amount no greater than
      the aggregate principal amount of the loans evidenced by the Convertible
      Note Agreements.

              

      

       

      
        	
                2.10

              	
                Bank
      Accounts.  Each account maintained by or for the benefit
      of the Company at any bank or other financial institution, including the
      name of the institution, the name in which the account is maintained, and
      the names of all individuals authorized to draw on or make withdrawals
      from such account, are identified on Exhibit 2.10. There are no safe deposit boxes or similar
      arrangements maintained by or for the benefit of the
    Company.

              

      

       

      
        	
                2.11

              	
                Intellectual
      Property.   The Company does not own or license any
      Intellectual Property other than commercially available software having an
      aggregate value of less than US$1,000. The Company has not received any
      communications alleging that it has violated or, by conducting its
      Business, would violate any of the intellectual property rights of any
      other Person.

              

      

       

      
        	
                2.12

              	
                Contracts.  The Company is
      not a party to any material contracts or other agreements, except for the
      Sinotop VIE Agreements and the Convertible Note
  Agreements.

              

      

       

      
        	
                2.13

              	
                Liabilities.   The
      Company has no Liabilities except as may be reflected in the Sinotop VIE
      Agreements and the Convertible Note
Agreements.

              

      

       

      
        	
                2.14

              	
                Compliance
      with Legal Requirements.   The
      Company has not received, at any time, any notice or other communication
      (in writing or otherwise) from any Governmental Authority or any other
      Person regarding any actual, alleged, possible or potential violation of,
      or failure to comply with, any Legal Requirement. To the knowledge of the
      Seller, the Company has complied with all applicable Legal Requirements in
      the conduct of its Business.

              

      

       

      
        	
                2.15

              	
                Governmental
      Authorizations. There
      are no authorizations or permits issued by any Governmental
      Authority which are required for the Company to conduct its business
      except for routine business licenses under Hong Kong
  law.

              

      

       

      
        	
                2.16

              	
                Tax
      Matters. The Seller has
      delivered to (or made available for inspection by) the Buyer accurate and
      complete copies of all Tax Returns, if any, that have been filed on behalf
      of or with respect to the Company since its formation. The information
      contained in such Tax Returns is accurate and complete in all respects.
      The Company has timely paid all Taxes required to be paid by it and has
      received no notice or other communication from any Governmental Authority
      indicating any default, deficiency, penalty or other adverse matter with
      regard to any Tax owed or purported to be owed by it. The Company has made
      provision on its books for all Taxes payable by it relating to periods for
      which no Tax Returns have been
filed.

              

      

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      
        	
                2.17

              	
                Employee
      and Labor Matters. The
      Company has no employees and has never had any
  employees.

              

      

       

      
        	
                2.18

              	
                Performance
      of Services.   The
      Company has never provided services for compensation to any other
      Person.

              

      

       

      
        	
                2.19

              	
                Insurance.   There
      is no insurance policy maintained by or at the expense of, or for the
      direct or indirect benefit of, the
Company.

              

      

       

      
        	
                2.20

              	
                Related
      Party Transactions.   No
      Related Party, including the Seller, (a) has any direct or indirect
      interest of any nature in any of the assets of the Company except for
      Seller’s ownership of the Share; (b) is, or has at any time been, indebted
      to the Company; and (c) has any claim or right against the Company; except
      for the Seller’s spouse’s marital interest, if any, in the assets of the
      Company and her indirect interest in the rights under the Sinotop VIE
      Agreements held by reason of her ownership of Beijing Sino Top Scope
      Technology Co., Ltd., which is a part to the Sinotop VIE Agreements. No
      event has occurred, and no condition or circumstance exists, that might
      (with or without notice or lapse of time) directly or indirectly give rise
      to or serve as a basis for any claim or right in favor of any Related
      Party against the Company. 

              

      

       

      
        	
                2.21

              	
                Proceedings.  There
      is no pending Proceeding, and to Seller’s knowledge, no Person has
      threatened to commence any Proceeding that involves the Company, or which
      reasonably could be anticipated to prevent, delay, make illegal or
      otherwise interfere with the consummation of the Transactions, and no
      condition or circumstance exists which might reasonably be expected to
      give rise to or serve as a basis for any such Proceeding. No Proceeding
      has ever been commenced by or against the Company in the past.
      

              

      

       

      
        	
                2.22

              	
                Investment
      Representations.

              

      

       

      
        	
                 
      

              	
                (a)

              	
                Purchase
      Entirely for Own Account.   The Seller is acquiring
      the CBBD Shares for his own account and not with a view to the resale or
      distribution of any part thereof, and the Seller has no present intention
      of selling or otherwise distributing such CBBD Shares, except in
      compliance with applicable securities
laws.

              

      

       

      
        	
                 
      

              	
                (b)

              	
                Available
      Information.  The Seller has such knowledge and
      experience in financial and business matters that it is capable of
      evaluating the merits and risks of an investment in CBBD and has had full
      access to all the information he considers necessary or appropriate to
      make an informed investment decision with respect to the CBBD
      Shares.

              

      

       

      
        	
                 
      

              	
                (c)

              	
                Non-Registration.  The
      Seller understands that the CBBD Shares have not been registered under the
      Securities Act and, if issued in accordance with the provisions of this
      Agreement, will be issued by reason of a specific exemption from the
      registration provisions of the United States Federal Securities Act of
      1933, as amended (the “Securities
      Act”) which depends upon, among other things, the bona fide nature
      of the investment intent and the accuracy of the Seller’s representations
      as expressed herein.

              

      

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

      
        	
                 
      

              	
                (d)

              	
                Restricted
      Securities.   The Seller understands that the CBBD
      Shares are characterized as “restricted securities” under the Securities
      Act inasmuch as this Agreement contemplates that, if acquired by the
      Seller pursuant hereto, the CBBD Shares would be acquired in a transaction
      not involving a public offering. The Seller further acknowledges that if
      the CBBD Shares are issued to the Seller in accordance with the provisions
      of this Agreement, such Shares may not be resold without registration
      under the Securities Act or the existence of an exemption
      therefrom.  The Seller represents that he is familiar with Rule
      144 promulgated under the Securities Act, as presently in effect, and
      understands the resale limitations imposed thereby and by the Securities
      Act.

              

      

       

      
        	
                 
      

              	
                (e)

              	
                Accredited
      Investor.  The Seller is an “accredited Investor” within
      the meaning of Rule 501 under the Securities
  Act.

              

      

       

      
        	
                 
      

              	
                (f)

              	
                Legends.   It
      is understood that the CBBD Shares will bear the following legend or one
      that is substantially similar to the following
  legend:

              

      

       

      THE
SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR ANY STATE
SECURITIES LAWS AND NEITHER SUCH SECURITIES NOR ANY INTEREST THEREIN MAY BE
OFFERED, SOLD, PLEDGED, ASSIGNED OR OTHERWISE TRANSFERRED EXCEPT (1) PURSUANT TO
AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND APPLICABLE
STATE SECURITIES LAWS OR (2) PURSUANT TO AN AVAILABLE EXEMPTION FROM THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND APPLICABLE STATE SECURITIES
LAWS, IN WHICH CASE THE HOLDER MUST, PRIOR TO SUCH TRANSFER, FURNISH TO THE
COMPANY AN OPINION OF COUNSEL, WHICH COUNSEL AND OPINION ARE REASONABLY
SATISFACTORY TO THE COMPANY, THAT SUCH SECURITIES MAY BE OFFERED, SOLD, PLEDGED,
ASSIGNED OR OTHERWISE TRANSFERRED IN THE MANNER CONTEMPLATED PURSUANT TO AN
AVAILABLE EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND
APPLICABLE STATE SECURITIES LAWS.

       

      [THE
SECURITIES REPRESENTED HEREBY HAVE BEEN ACQUIRED PURSUANT TO REGULATION S OF
SECURITIES ACT, AND MAY NOT BE SOLD, MORTGAGED, PLEDGED, HYPOTHECATED OR
OTHERWISE TRANSFERRED EXCEPT IN ACCORDANCE THEREWITH, PURSUANT TO A REGISTRATION
UNDER THE ACT OR PURSUANT TO AN AVAILABLE EXEMPTION FROM REGISTRATION. THE
ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND
SUBSTANCE REASONABLY SATISFACTORY TO THE ISSUER TO THE EFFECT THAT ANY PROPOSED
TRANSFER OR RESALE IS IN COMPLIANCE WITH THE ACT AND ANY APPLICABLE STATE
SECURITIES LAWS.  IN ADDITION, NO HEDGING TRANSACTION MAY BE CONDUCTED
WITH RESPECT TO THESE SECURITIES UNLESS SUCH TRANSACTION IS IN COMPLIANCE WITH
THE ACT.

       

      
        	
                2.23

              	
                Orders.   There
      is no Order in effect relating to the Business or assets of the Company to
      which the Seller, the Company, any Related Party, or any of the assets
      owned or used by the Company, is subject.

              

      

       

      
        	
                2.24

              	
                Non-Contravention;
      Consents. To the best
      knowledge of the Seller, neither the Company nor the Seller was, is or
      will be, required to make any filing with or give any notice to, or to
      obtain any Consent or authorization from any Governmental Authority from,
      any Person or Governmental Authority in connection with the execution and
      delivery of any of the Transaction Documents or the consummation or
      performance of any of the
Transactions.

              

      

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

       

      
        	
                2.25

              	
                Certain
      Payments.   Neither the Seller nor any Person acting
      for or on behalf of the Company or the Seller has, at any time, directly
      or indirectly, with respect to the Business of the Company, (a) used the
      funds of the Seller or the Company, or will use any proceeds from the sale
      of the Share, to make any unlawful gift or payment to any Governmental
      Authority, governmental official or employee; or (b) made any payment or
      given any thing of value to any other Person for the purpose of obtaining
      business or favorable treatment in securing
  business.

              

      

       

      
        	
                2.26

              	
                Brokers.  The Company and
      the Seller have not agreed or become obligated to pay, and have not taken
      any action that might result in any Person claiming to be entitled to
      receive, any brokerage commission, finder’s fee or similar commission or
      fee in connection with any of the
Transactions.

              

      

       

      ARTICLE
III

       

      REPRESENTATIONS
AND WARRANTIES OF THE BUYER

       

      The Buyer
represents and warrants, to and for the benefit of the Seller, as
follows:

       

      
        	
                3.1

              	
                Authority;
      Binding Nature of Agreements. The Buyer has the
      absolute and unrestricted right, power and authority to enter into and
      perform its obligations under this Agreement, and the execution and
      delivery of this Agreement by the Buyer have been duly authorized by all
      necessary action on the part of the Buyer and its board of directors. The
      Buyer has the absolute and unrestricted right, power and authority to
      enter into and perform its obligations under this Agreement and the other
      Transaction Documents, all of which have been duly authorized by all
      necessary action on the part of the Buyer and its board of directors
      and/or stockholders. This Agreement constitutes the legal, valid and
      binding obligation of the Buyer, enforceable against it in accordance with
      its terms. The execution and delivery of this Agreement and the other
      Transaction Documents will constitute the legal, valid and binding
      obligations of the Buyer, enforceable against the Buyer in accordance with
      their terms.

              

      

       

      
        	
                3.2

              	
                CBBD
      Shares.  When delivered to the Seller at the Closing, the
      CBBD Shares will be fully paid and non-assessable and free of any
      Encumbrances. Buyer has the legal authority to convey to Seller, at the
      Closing, good and marketable title to the CBBD
  Shares.

              

      

       

      
        	
                3.3

              	
                Brokers. The Buyer has not
      become obligated to pay, and has not taken any action that might result in
      any Person claiming to be entitled to receive any brokerage commission,
      finder’s fee or similar commission or fee in connection with any of the
      Transactions.

              

      

       

      
        	
                3.4

              	
                Capitalization. Attached hereto as
      Schedule 3.4 is a capitalization table that reflects the capitalization of
      CBBD as of immediately following the closing of the financing transactions
      contemplated by Section 4.1(a)
hereof.

              

      

       

      ARTICLE
IV

       

      CONDITIONS
TO CLOSING

       

      
        	
                4.1

              	
                Conditions
      to the Buyer’s Obligation to Close.   The Buyer’s
      obligation to purchase the Share at the Closing is conditioned on the
      following, unless earlier waived in writing by the
  Buyer:

              

      

       

      
        	
                 
      

              	
                (a)

              	
                Closing of
      financing.   CBBD will have closed, or will close
      concurrently with the Closing, one or more equity financings resulting in
      gross proceeds to CBBD of at least
US$9,000,000.

              

      

       

      
        
          
          

        

        
          8

          
            

          

        

        
          
          

        

      

       

      
        	
                 
      

              	
                (b)

              	
                No
      Liabilities.   As of the Closing Date, the Company
      will have no Liabilities other than as may be created by the Sinotop VIE
      Agreements.

              

      

       

      
        	
                 
      

              	
                (c)

              	
                Representations
      Accurate.   All of the representations made by the
      Seller herein will be materially accurate and correct as of the Closing
      Date.

              

      

       

      
        	
                 
      

              	
                (d)

              	
                Delivery of
      Equity Transfer Documents.  The Seller shall have
      delivered to
      the Buyer the following undated documents in respect of the transfer of
      100% equity interest in Beijing Sino Top Scope Technology Co., Ltd. from
      Zhang Yan, the sole existing shareholder of Beijing Sino Top Scope
      Technology Co., Ltd., to nominee(s) designated by the Buyer (“SinoTop BJ
      Transfer”),

              

      

       

      
        	
                 
      

              	
                (i)

              	
                three
      originals of duly executed equity transfer agreement in respect of SinoTop
      BJ Transfer in the form attached as Exhibit
  4.1(d)(i);

              

      

       

      
        	
              	
                (ii)

              	
                one
      original of the resolution of the sole shareholder of Beijing Sino Top
      Scope Technology Co., Ltd. approving the SinoTop BJ Transfer in the form
      attached as Exhibit 4.1(d)(ii);

              

      

       

      
        	
              	
                (iii)

              	
                one
      original of Application Form of Change of Industry and Commerce
      Registration (工商登记变更申请表) in
      respect of SinoTop BJ Transfer and other related application documents to
      effect SinoTop BJ Transfer duly executed by the legal representative of
      Beijing Sino Top Scope Technology Co., Ltd. and affixed with the company
      seal of Beijing Sino Top Scope Technology Co., Ltd., to the satisfaction
      of the Buyer.

              

      

       

      ARTICLE
V

       

      COVENANTS

       

      
        	
                5.1

              	
                Post-Closing
      Covenants of the Buyer.   As soon as practicable
      after the Closing, the Buyer will contribute an amount equal to at least
      40,000,000 Renminbi (approximately US$6,000,000) to the capital of the
      Company in exchange for the issuance of additional shares of the Company
      to the Buyer.

              

      

       

      
        	
                5.2

              	
                Post-Closing
      Covenants of the Seller.

              

      

       

      
        	
                 
      

              	
                (a)

              	
                Establishment
      of WFOE.   The Seller will in good faith assist the
      Buyer and the Company to establish or complete the establishment of a new
      wholly foreign-owned enterprise in the People’s Republic of China (the
      “Sinotop
      WFOE”) owned 100% by the Company or an affiliate of the Company or
      the Buyer.

              

      

       

      
        	
                 
      

              	
                (b)

              	
                Assignment
      of Sinotop VIE Agreements.   The Seller will in good
      faith assist the Company in the assignment of the Sinotop VIE Agreements
      from the Company to the Sinotop WFOE or to another Person designated by
      Buyer, on the terms contained in the Termination, Assignment and
      Assumption Agreement in substantially the form attached as Exhibit 5.2(b),
      or on other terms acceptable to the Buyer and CBBD, and in the completion
      of the other transactions contemplated by that Agreement, and will procure
      the execution, delivery and performance thereof by Beijing Sino Top Scope
      Technology Co., Ltd. and its
owner(s).

              

      

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

       

      
        	
                 
      

              	
                (c)

              	
                Covenant
      Not to Compete.  For a period of five years from and
      after the Closing Date (the “Noncompetition
      Period”), except as specified in Schedule 5.2,
      the Seller will not engage directly or indirectly in any business that the
      Company, the Buyer or any Affiliate of the Company or the Buyer conducts
      as of the Closing Date in any geographic area in which the Company, the
      Buyer or any Affiliate of the Company or the Buyer conducts or plans to
      conduct business as of the Closing Date; provided, however, that
      the Seller’s ownership of less than 1% of the outstanding stock of any
      publicly-traded corporation shall not deem the Seller to be engaged,
      solely by reason thereof, in any of its businesses.  During the
      Noncompetition Period, the Seller shall not induce or attempt to induce
      any customer or supplier or Affiliate of the Buyer to terminate its
      relationship with the Buyer or any Affiliate of the Buyer or to enter into
      any business relationship to provide or purchase the same or substantially
      the same services as are provided to or purchased from the business of the
      Company, the Buyer or any Affiliate of the Company or the Buyer which
      might harm the Buyer or any Affiliate of the Buyer.  During the
      Noncompetition Period, the Seller shall not, on behalf of any Entity other
      than the Buyer or an Affiliate of the Buyer, hire or retain, or attempt to
      hire or retain, in any capacity any person who is, or was at any time
      during the preceding twelve (12) months, an employee or officer of the
      Buyer or an Affiliate of the Buyer.  If the final judgment of a court
      of competent jurisdiction declares that any term or provision of this
      Section 5.2(c) is invalid or unenforceable, the Parties agree that the
      court making the determination of invalidity or unenforceability shall
      have the power to reduce the scope, duration, or area of the term or
      provision, to delete specific words or phrases, or to replace any invalid
      or unenforceable term or provision with a term or provision that is valid
      and enforceable and that comes closest to expressing the intention of the
      invalid or unenforceable term or provision, and this Agreement shall be
      enforceable as so modified after the expiration of the time within which
      the judgment may be appealed.

              

      

       

      
        	
                 
      

              	
                (d)

              	
                Confidentiality
      and Non-Use.  All information and materials relating to
      the business or operations of CBBD or any of its subsidiaries or
      Affiliates (the "Group"), including but not limited to any information
      regarding the Group's business activities, personnel and compensation,
      financial condition, assets and liabilities, products, services,
      client identity and information, technical knowledge, trade secrets
      or confidential information respecting inventions, designs, methods,
      show-how, know-how, techniques, systems, processes, software, works of
      authorship, plans and proposals (collectively, the “Confidential
      Information”), shall be kept strictly secret and confidential by
      the Seller.  The Seller agrees to regard and preserve as
      confidential, all Confidential Information, whether or not it has such
      Confidential Information in writing, other physical or magnetic form, or
      such Confidential Information is contained in the Seller's memory. 
      The Seller shall not, and shall cause its agents not to, without written
      authority from CBBD to do so, directly or indirectly, use for any purpose,
      nor disclose to any other person or entity, at any time following the
      Effective Date, except as required by the conditions of the Seller's
      business relationship with the Group, any Confidential Information. 
      The Seller understands and acknowledges that any disclosure or
      misappropriation of the Confidential Information in violation of this
      Section 5.2(d) may cause irreparable harm to the Group, the amount of
      which may be difficult to ascertain, and therefore agrees that the Group
      shall have the right to apply to a court of competent jurisdiction for
      specific performance and/or an order restraining  and enjoining any
      such further disclosure or breach and for such relief as the Group shall
      deem appropriate.  Such right of the Group is to be in addition to
      the remedies otherwise available to the Group at law or in
      equity.

              

      

       

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

       

      
        	
                 
      

              	
                (e)

              	
                Resignation
      of Existing Sole Director.   At the request of the
      Buyer, the Seller, as the existing sole director of the Company, will
      resign from any directorship position in the Company and sign a letter of
      resignation from the existing sole director of the Company in a form
      satisfactory to the Buyer.

              

      

       

      
        	
                 
      

              	
                (f)

              	
                Completion
      of SinoTop BJ Transfer.   The Seller shall procure
      Zhang Yan, the sole shareholder and legal representative of Beijing Sino
      Top Scope Technology Co., Ltd., and/or other related people to execute and
      deliver such instruments and other documents, and to take such other
      actions, as the Buyer may reasonably request for the purpose of carrying
      out, effecting and completing SinoTop BJ Transfer and the relevant change
      of management of Beijing Sino Top Scope Technology Co., Ltd., including
      but not limited to a letter of resignation from the existing director of
      Beijing Sino Top Scope Technology Co., Ltd. in a form satisfactory to the
      Buyer.

              

      

       

      ARTICLE
VI

       

      DISPUTE
RESOLUTION

       

      
        	
                6.1

              	
                Friendly
      Negotiations.   The parties will attempt in the first
      instance to resolve all disputes arising out of or relating to this
      Agreement (“Disputes”)
      through friendly consultations.

              

      

       

      
        	
                6.2

              	
                Commencement
      of Arbitration.   If no mutually acceptable settlement of
      the dispute is made within the sixty (60) days from the commencement of
      the settlement negotiation or if any Party refuses to engage in any
      settlement negotiation, any Party may submit the dispute for
      arbitration.

              

      

       

      
        	
                6.3

              	
                Arbitration.
        If a Dispute is not resolved by consultations within
      sixty (60) days after one Party has served written notice on the other
      Party for the commencement of such consultations, then such dispute will
      be finally settled and determined by arbitration in Hong Kong under the
      Arbitration Rules of the United Nations Commission on International Trade
      Law by arbitrators appointed in accordance with such rules. The
      arbitration and appointing authority will be the Hong Kong International
      Arbitration Centre (“HKIAC”).
      The arbitration will be conducted by a panel of three arbitrators, one
      chosen by Buyer, one chosen by Seller, and the third by agreement of the
      Parties; failing agreement within 30 days of commencement of the
      arbitration proceeding, the HKIAC will appoint the third arbitrator. The
      proceedings will be confidential and conducted in English. The arbitral
      tribunal will have the authority to grant any equitable and legal remedies
      that would be available in any judicial proceeding instituted to resolve a
      disputed matter, and its award will be final and binding on the parties.
      The arbitral tribunal will determine how the parties will bear the costs
      of the arbitration. Notwithstanding the foregoing, each party will have
      the right at any time to immediately seek injunctive relief, an award of
      specific performance or any other equitable relief against the other party
      in any court or other tribunal of competent jurisdiction. During the
      pendency of any arbitration or other proceeding relating to a Dispute
      between the parties, the parties will continue to exercise their remaining
      respective rights and fulfill their remaining respective obligations under
      this Agreement, except with regard to the matters under
      dispute.

              

      

       

      ARTICLE
VII

       

      MISCELLANEOUS

       

      
        	
                7.1

              	
                Further
      Assurances. Each Party will
      execute and/or cause to be delivered to each other Party such instruments
      and other documents, and will take such other actions, as such other Party
      may reasonably request (prior to, at or after the Closing) for the purpose
      of carrying out or evidencing any of the
  Transactions.

              

      

       

      
        
          
          

        

        
          11

          
            

          

        

        
          
          

        

      

       

      
        	
                7.2

              	
                Survival.   The
      representations, warranties, covenants and agreements made herein shall
      survive any investigation made by Buyer and the closing of the
      Transactions.  All statements as to factual matters contained in
      any certificate or other instrument delivered by or on behalf of the
      Seller pursuant hereto in connection with the Transactions shall be deemed
      to be representations and warranties by the Seller solely as of the date
      of such certificate or instrument.

              

      

       

      
        	
                7.3

              	
                Fees and
      Expenses.
       Without prejudice
      to Section 1.6, each Party
      will bear its own fees and expenses incurred in connection with the
      negotiation, execution and performance of its obligations under the
      Transaction Documents.

              

      

       

      
        	
                7.4

              	
                Notices.   Any
      notice or other communication required or permitted to be delivered to any
      Party will be in writing and will be deemed properly delivered, given and
      received upon dispatch by hand, registered mail, courier or express
      delivery service with receipt confirmed by signature of the addressee, to
      the address set forth beneath the name of such Party below (or to such
      other address as such Party may specify in a written notice given to the
      other Parties):

              

      

       

      
        
          
            
              
                	
                        If
      to Seller:

                      	 	
                        Weicheng
      Liu

                        88
      East 4th Ring Road North

                        Greenlake
      Place

                        Building
      8, Unit 2-1003

                        Beijing,
      China 100025

                        Fax
      number: +86 10 5928 2120

                      
	
                        If
      to the Buyer:

                      	 	
                        China
      Broadband Ltd.

                        c/o
      China Broadband, Inc.

                        1900
      Ninth Street, 3rd
      Floor

                        Boulder,
      Colorado 80302

                        Attention:  Marc
      Urbach

                        Fax
      Number: (303) 449.7799

                      
	 	 	 
	
                               With
      Copies to:

                      	 	
                        Pillsbury
      Winthrop Shaw Pittman LLP

                        2300
      N Street, N.W.

                        Washington,
      DC  20037

                        Attention :
      Louis A. Bevilacqua, Esq.

                        Fax
      Number: (202)
663.8007

                      

              

            

          

        

      

       

      
        	
                7.5

              	
                Time of The
      Essence. Time is of the
      essence of this Agreement.

              

      

       

      
        	
                7.6

              	
                Headings
      and Usage.   The
      headings contained in this Agreement are for convenience of reference
      only, will not be deemed to be a part of this Agreement and will not be
      referred to in connection with the construction or interpretation of this
      Agreement. For purposes of this Agreement: (a) the words “include” and
      “including” will be taken to include the words, “without limitation;” (b)
      a Person will be deemed to have “knowledge” of a particular fact or other
      matter if any Representative of such Person has knowledge of such fact or
      other matter; and (c) whenever the context requires, the singular number
      will include the plural, and vice versa; and each of the masculine,
      feminine and neuter genders will refer to the
  others.

              

      

       

      
        	
                7.7

              	
                Counterparts.   This
      Agreement may be executed in several counterparts, each of which will
      constitute an original and all of which, when taken together, will
      constitute one agreement.

              

      

       

      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

       

      
        	
                7.8

              	
                Governing
      Law.   This
      Agreement, including all matters of construction, validity and
      performance, will in all respects be governed by, and construed in
      accordance with, the laws of Hong Kong (without giving effect to
      principles relating to conflict of laws).  This Agreement is
      written in English and the English language will govern this
      Agreement.

              

      

       

      
        	
                7.9

              	
                Successors
      and Assigns; Parties in Interest. Except as
      otherwise expressly provided herein, the provisions hereof shall inure to
      the benefit of, and be binding upon, the successors, assigns, heirs,
      executors and administrators of the parties hereto and shall inure to the
      benefit of and be enforceable by each Person who shall be a holder of the
      Share from time to time.

              

      

       

      
        	
                7.10

              	
                Assignment.   Neither
      Party may assign any of its rights or delegate any of their obligations
      under this Agreement without the other Party’s prior written
      consent.

              

      

       

      
        	
                7.11

              	
                Amendments.   This
      Agreement may not be amended, modified, altered or supplemented other than
      by means of a written instrument duly executed and delivered on behalf of
      all Parties.

              

      

       

      
        	
                7.12

              	
                Severability.
        In
      case any provision of the Agreement shall be invalid, illegal or
      unenforceable, the validity, legality and enforceability of the remaining
      provisions shall not in any way be affected or impaired
      thereby.

              

      

       

      
        	
                7.13

              	
                Entire
      Agreement.   The Transaction Documents set forth the
      entire understanding of the parties relating to the subject matter thereof
      and supersede all prior agreements and understandings among or between any
      of the parties relating to the subject matter
  thereof.

              

      

       

      
        	
                7.14

              	
                Confidentiality.   Each
      Party agrees that, except with the prior written consent of the other
      Party, it shall at all times keep confidential and not divulge, furnish or
      make accessible to anyone any confidential information, knowledge or data
      concerning or relating to the business or financial affairs of the other
      Parties to which such Party has been or shall become privy by reason of
      this Agreement, discussions or negotiations relating to this Agreement,
      the performance of its obligations hereunder or the ownership of the Share
      purchased hereunder. The provisions of this Section 7.14 shall be in
      addition to, and not in substitution for, the provisions of any separate
      nondisclosure agreement executed by the
Parties.

              

      

       

       [Remainder
of Page Intentionally Left Blank]

      
        
           

        

        
          13

          
            

          

        

        
           

        

      

      In
Witness Whereof, the Parties have caused this Ordinary Share Purchase
Agreement to be executed and delivered as of the date first set forth
above.

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              	
                                      “SELLER”

                                    	 	“BUYER”
	 
      	 	 
      	 
      
	
                                      Weicheng
      Liu,  an individual

                                    	 	China
      Broadband, Ltd., a Cayman Islands company
	 
      	 	 
      	 
      
	 
      	 	
                                      By:

                                    	 
      
	
                                        
      

                                    	 	
                                      Name:   Marc
      Urbach

                                    
	 
      	 	
                                      Its:         President

                                    
	 
      	 	 
      	 
      
	 
      	 	“CBBD”
	 
      	 	China
      Broadband, Inc., a Nevada company
	 
      	 	 
      	 
      
	 
      	 	
                                      By:

                                    	 
      
	 
      	 	
                                      Name:   Marc
      Urbach

                                    
	 
      	 	
                                      Its:         President

                                    

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

       

      
        
           

        

        
          14

          
            

          

        

        
           

        

      

      Appendix
A

       

      CERTAIN
DEFINITIONS

       

      For
purposes of the Agreement (including this Appendix A):

       

      “Agreement”
means the Ordinary Share Purchase Agreement to which this Appendix A is
attached, as it may be amended from time to time.

       

      “Affiliate” means,
as to any Person, any other Person which directly or indirectly controls, or is
under common control with, or is controlled by, such Person.  As used
in this definition, "control" shall mean possession, directly or indirectly, of
power to direct or cause the direction of management or policies (whether
through ownership of securities or partnership or other ownership interests, by
contract or otherwise); provided, that,
beneficial ownership of 10% or more of the voting securities (or the
equivalents) of a Person shall be deemed to be control.  With respect
to any Person who is an individual, "Affiliates" shall mean such individual's
spouse and descendants (whether natural or adopted) and any trust solely for the
benefit of such individual and/or such individual's spouse, their respective
ancestors and/or descendants (whether natural or adopted).

       

      “Business”
means the business or commercial activities carried out by the Company as of the
Effective Date.

       

      “Buyer” is
defined in the Preamble to the Agreement.

       

      “CBBD” is
defined in the Preamble to the Agreement.

       

      “CBBD
Shares” is defined in Section 1.2.

       

      “Closing” and
“Closing Date” are defined in Section 1.3.

       

      “Company”
is defined in Recital A.

       

      “Convertible Note
Agreements” means (a) that certain Note Purchase Agreement dated as of
March 9, 2010, by and between the Buyer and the Company, and the other documents
and instruments contemplated therein; and (b) that certain Note Purchase
Agreement dated as of June 24, 2010, between and among the Company, Chardan SPAC
Asset Management LLC, and Steven Oliveira, and the other documents and
instruments contemplated therein.

       

      “Disputes”
is defined in Section 6.1.

       

      “Effective
Date” is defined in the Preamble to the Agreement.

       

      “Encumbrance”
means any lien, pledge, hypothecation, charge, mortgage, security interest,
encumbrance, equity, trust, equitable interest, claim, preference, right of
possession, lease, tenancy, license, encroachment, covenant, infringement,
interference, Order, proxy, option, right of first refusal, preemptive right,
community property interest, legend, defect, impediment, exception, reservation,
limitation, impairment, imperfection of title, condition or restriction of any
nature (including any restriction on the transfer of any asset, any restriction
on the receipt of any income derived from any asset, any restriction on the use
of any asset and any restriction on the possession, exercise or transfer of any
other attribute of ownership of any asset).

       

      
        
          
          

        

        
          15

          
            

          

        

        
          
          

        

      

       

      “Entity”
means any corporation (including any non-profit corporation), general
partnership, limited partnership, limited liability partnership, joint venture,
estate, trust, cooperative, foundation, society, political party, union, company
(including any limited liability company or joint stock company), firm or other
enterprise, association, organization or entity.

       

      “Governmental
Authority” means
any: (a) nation, principality, state, commonwealth, province, territory, county,
municipality, district or other jurisdiction of any nature; (b) federal, state,
local, municipal, foreign or other government; (c) governmental or
quasi-governmental authority of any nature (including any governmental division,
subdivision, department, agency, bureau, branch, office, commission, council,
board, instrumentality, officer, official, representative, organization, unit,
body or Entity and any court or other tribunal); (d) multi-national organization
or body; or (e) individual, Entity or body exercising, or entitled to exercise,
any executive, legislative, judicial, administrative, regulatory, police,
military or taxing authority or power of any nature.

       

      “Intellectual
Property” means any patent, patent application, trademark (whether
registered or unregistered and whether or not relating to a published work),
trademark application, trade name, fictitious business name, service mark
(whether registered or unregistered), service mark application, copyright
(whether registered or unregistered), copyright application, maskwork, maskwork
application, trade secret, know-how, franchise, system, computer software,
invention, design, blueprint, proprietary product, technology, proprietary
right, and improvement on or to any of the foregoing, or any other intellectual
property right or intangible asset.

       

      “Legal
Requirement” means any national (or
federal), provincial, state, local, municipal, foreign or other constitution,
law, statute, legislation, principle of common law, resolution, ordinance, code,
edict, decree, proclamation, treaty, convention, rule, regulation, ruling,
directive, pronouncement, requirement, specification, determination, decision,
opinion or interpretation issued, enacted, adopted, passed, approved,
promulgated, made, implemented or otherwise put into effect by or under the
authority of any Governmental Authority.

       

      “Liability”
means any debt, obligation, duty or liability of any nature (including
any unknown, undisclosed, unmatured, unaccrued, unasserted, contingent,
indirect, conditional, implied, vicarious, derivative, joint, several or
secondary liability), regardless of whether such debt, obligation, duty or
liability would be required to be disclosed on a balance sheet prepared in
accordance with generally accepted accounting principles and regardless of
whether such debt, obligation, duty or liability is immediately due and
payable.

       

      “Order”
means any: (a) order, judgment, injunction, edict, decree, ruling,
pronouncement, determination, decision, opinion, verdict, sentence, subpoena,
writ or award issued, made, entered, rendered or otherwise put into effect by or
under the authority of any court, administrative agency or other Governmental
Body or any arbitrator or arbitration panel; or (b) Contract with any
Governmental Body entered into in connection with any Proceeding.

       

      “Party” and
“Parties” are defined in the Preamble to the Agreement.

       

      “Person”
means any individual, Entity or Governmental Authority.

       

      “Proceeding”
means any action, suit, litigation, arbitration, proceeding (including any
civil, criminal, administrative, investigative or appellate proceeding and any
informal proceeding), prosecution, contest, hearing, inquiry, inquest, audit,
examination or investigation commenced, brought, conducted or heard by or
before, or otherwise involving, any Governmental Authority or any arbitrator or
arbitration panel.

       

      
        
          
          

        

        
          16

          
            

          

        

        
          
          

        

      

       

      “Related
Party” –
each of the following is a “Related Party”: (a) each individual who is, or who
has at any time been, an officer of the Company; (b) each member of the family
of each of the individuals referred to in clause “(a)” above; and (c) any Entity
(other than the Company) in which any one of the individuals referred to in
clauses “(a)” and “(b)” above holds or held (or in which more than one of such
individuals collectively hold or held), beneficially or otherwise, a controlling
interest or a material voting, proprietary or equity interest.

       

      “Securities
Act” is defined in Section 2.22(c).

       

      “Seller”
is defined in the Preamble to the Agreement.

       

      “Share” is
defined in Recital A.

       

      “Sinotop VIE
Agreements” means the following agreements:

       

      
        	
                 
      

              	
                ·

              	
                Management
      Services Agreement, dated as of March 9, 2010, by and between Beijing Sino
      Top Scope Technology Co., Ltd. and Sinotop Group
  Limited.

              

      

       

      
        	
                 
      

              	
                ·

              	
                Option
      Agreement, dated as of March 9, 2101, between and among Beijing Sino Top
      Scope Technology Co., Ltd., Sinotop Group Limited, and Zhang Yan as the
      sole shareholder of Beijing Sino Top Scope Technology Co.,
      Ltd.

              

      

       

      
        	
                 
      

              	
                ·

              	
                Equity
      Pledge Agreement, dated as of March 9, 2010, between and among Beijing
      Sino Top Scope Technology Co., Ltd., Sinotop Group Limited, and Zhang Yan
      as the sole shareholder of Beijing Sino Top Scope Technology Co.,
      Ltd.

              

      

       

      
        	
                 
      

              	
                ·

              	
                Voting
      Rights Proxy Agreement, dated as of March 9, 2010, between and among
      Beijing Sino Top Scope Technology Co., Ltd., Sinotop Group Limited, and
      Zhang Yan as the sole shareholder of Beijing Sino Top Scope Technology
      Co., Ltd.

              

      

       

      “Sinotop
WFOE” is defined in Section 5.2(a).

       

      “Taxes”
means with respect to any Person, (a) all income taxes (including any tax on or
based upon net income, gross income, income as specially defined, earnings,
profits or selected items of income, earnings or profits) and all gross
receipts, sales, use, ad valorem, transfer, franchise, license, withholding,
payroll, employment, excise, severance, stamp, occupation, premium, property or
windfall profits taxes, alternative or add-on minimum taxes, customs duties and
other taxes, fees, assessments or charges of any kind whatsoever, together with
all interest and penalties, additions to tax and other additional amounts
imposed by any taxing authority (domestic or foreign) on such Person (if any)
and (b) any liability for the payment of any amount of the type described in the
clause (a) above as a result of being a “transferee” of another entity or a
member of an affiliated or combined group, and “Tax” will
have the correlative meaning.

       

      “Tax
Return” means any return
(including any information return), report, statement, declaration, estimate,
schedule, notice, notification, form, election, certificate or other document or
information that is, has been or may in the future be filed with or submitted
to, or required to be filed with or submitted to, any Governmental Body in
connection with the determination, assessment, collection or payment of any Tax
or in connection with the administration, implementation or enforcement of or
compliance with any Legal Requirement relating to any Tax.

       

      
        
          
          

        

        
          17

          
            

          

        

        
          
          

        

      

       

      “Transactions”
means the sale and purchase of the Share and the other transactions contemplated
by this Agreement.

       

      “Transaction
Documents” means this Agreement and all other agreements, instruments and
other documents contemplated to be executed, delivered or performed as set forth
herein.

      
        
           

        

        
          18

          
            

          

        

        
           

        

      

      Exhibit
1.1(a)(iii)

       

      EMPLOYMENT
AGREEMENT

       

      (attached)

      
        
           

        

        
          19

          
            

          

        

        
           

        

      

      Exhibit
1.1(a)(iv)

       

      FORM
OF

      INSTRUMENT
OF TRANSFER

       

      Weicheng
Liu (hereinafter called the “Transferor”), in consideration of Ninety Million
Seven Hundred Seventy Seven Thousand Two Hundred Ninety Eight (90,777,298)
shares of common stock of China Broadband, Inc. delivered to him by China
Broadband Ltd. (hereinafter called “the said Transferee”), does hereby transfer
to the said Transferee the one (1) share numbered 1 standing in his name in the
Register of Sinotop Group Limited, to hold unto the said Transferee or its
Assigns, subject to the several conditions upon which it holds the same at the
time of execution hereof. And the said Transferee does hereby agree to take the
said Share subject to the same conditions.

       

      Witness
our hands this date, June
30, 2010:

       

      
        
          
            
              
                
                  
                    
                      
                        
                          
                            	
                                    Witness
      to the signature of the Transferor

                                  	 	
                                    )

                                  
	 	 	 
	
                                    Signature:

                                  	 
      	 	
                                    )

                                  
	
                                    Name:

                                  	 
      	 	
                                    )

                                  
	
                                    Address:

                                  	 
      	 	
                                    )

                                  

                          

                        

                      

                    

                  

                

              

            

          

        

        

        
          
            
              	 
      	 
      
	 
      	
                      (Transferor
      Signature)

                    

            

          

        

         

        
          
            
              
                
                  
                    
                      
                        
                          
                            	
                                    Witness
      to the signature of the Transferee

                                  	 	
                                    )

                                  
	 	 	 
	
                                    Signature:

                                  	 	 	
                                    )

                                  
	
                                    Name:

                                  	 	 	
                                    )

                                  
	
                                    Address:

                                  	 	 	
                                    )

                                  

                          

                        

                      

                    

                  

                

              

            

          

        

         

        
          
            
              	 
      	 
      
	 
      	
                      (Transferee
      Signature)

                    

            

          

        

      

      
        
           

        

        
          20

          
            

          

        

        
           

        

      

       

      Exhibit
1.1(a)(iv)

       

      FORM
OF SOLD NOTE

       

      The
undersigned hereby confirms having this day sold to China Broadband Ltd., one
(1) share of Sinotop Group Limited in consideration for Ninety Million Seven
Hundred Seventy Seven Thousand Two Hundred Ninety Eight (90,777,298) shares of
the common stock of China Broadband, Inc.

       

      Dated:
June 30,  2010

       

      
        
          
            
              	 
      	
                      WEICHENG
      LIU

                    
	 
      	 
      
	 
      	 
      

            

          

        

      

       

      FORM
OF BOUGHT NOTE

       

      The
undersigned hereby confirms having this day bought from Weicheng Liu one (1)
share of  Sinotop Group Limited, in consideration for Ninety Million
Seven Hundred Seventy Seven Thousand Two Hundred Ninety Eight (90,777,298)
shares of the common stock of China Broadband, Inc.

       

      
        
          
            
              
                	
                        Dated:  June
      30, 2010

                      	 
      	 
      
	 
      	 
      	 
      
	 
      	
                        CHINA
      BROADBAND LTD.

                      
	 
      	 
      	 
      
	 
      	
                        By:

                      	 
      
	 
      	
                        Name:
      Marc Urbach

                      
	 
      	
                        Title:

                      

              

            

          

        

      

       

      
        
           

        

        
          21

          
            

          

        

        
           

        

      

      Exhibit
1.1(a)(vi)

       

      Board
Resolutions

      
        
           

        

        
          22

          
            

          

        

        
           

        

      

      Exhibit
1.1(a)(xi)

       

      Consent
of Spouse

       

      (attached)

      
        
           

        

        
          23

          
            

          

        

        
           

        

      

       

      Exhibit
2.10

       

      Bank
Accounts

       

      (to be
supplied by Seller)

      
        
           

        

        
          24

          
            

          

        

        
           

        

      

      Exhibit
5.2(b)

       

      Termination,
Assignment and Assumption Agreement

       

      (attached)

      
        
           

        

        
          25

          
            

          

        

        
           

        

      

      SCHEDULE
3.4

       

      CAPITALIZATION

       

      The
authorized capital stock of the Company consists of 95,000,000 shares of common
stock, $0.001 par value, and 5,000,000 shares of undesignated preferred stock,
$0.001 par value.  As of the date hereof (a) 65,086,152 shares of the
Company’s common stock are issued and outstanding, (b) no shares of preferred
stock are issued and outstanding, (c) no shares of the Company’s common stock or
preferred stock are held by the Company in its treasury, (d) no shares of the
Company’s common stock or preferred stock area issuable pursuant to a Company
stock plan, (e) an aggregate of 17,192,300 shares of the Company’s common stock
are issuable and reserved for issuance pursuant to outstanding options and
warrants.

       

      Attention
is called to the Common Stock Financing referred to in Section 7.15, the Debt
Conversion, and the Series B Financing referred to in Section 7.16.

       

      
        Current
Capitalization Table

        
          
            
              
                
                  
                    	 
      	 	 	 	 	
                            Common

                          	 	 	
                            Warrants*

                          	 	 	
                            Options

                          	 	 	
                            Fully
      Diluted

                          	 	 	
                            Common%

                          	 
	
                            Current
      Shareholders

                          	 	 	 	 	 	61,986,152	 	 	 	10,246,467	 	 	 	317,500	 	 	 	72,550,119	 	 	 	95.2	%
	
                            Oliveira
      Common

                          	 	 	 	 	 	3,100,000	 	 	 	-	 	 	 	-	 	 	 	3,100,000	 	 	 	4.8	%
	
                            Oliveira
      Convertible Debt

                          	 	 	2,133,400	 	 	 	 	 	 	 	2,666,667	 	 	 	-	 	 	 	2,666,667	 	 	 	0.0	%
	
                            Convertible
      Debt

                          	 	 	3,142,752	 	 	 	 	 	 	 	3,961,666	 	 	 	-	 	 	 	3,961,666	 	 	 	0.0	%
	
                            Total

                          	 	$	5,276,152	 	 	 	65,086,152	 	 	 	16,874,800	 	 	 	317,500	 	 	 	82,278,452	 	 	 	100	%

                  

                

              

            

          

        

        

        Post
Raise Capitalization Table

        
          
            
              
                
                  
                    
                      
                        
                          	 
      	 	 	 	 	
                                  Common

                                	 	 	
                                  Warrants

                                	 	 	
                                  Options

                                	 	 	
                                  Fully
      Diluted

                                	 	 	 	 	
                                  Common%

                                	 
	
                                  Current
      Shareholders

                                	 	 	 	 	 	61,986,152	 	 	 	10,246,467	 	 	 	317,500	 	 	 	72,550,119	 	 	 	 	 	13.7	%
	
                                  Converted
      Debt

                                	 	 	3,142,752	 	 	 	62,855,040	 	 	 	66,816,706	 	 	 	-	 	 	 	129,671,746	 	b	 	 	 	13.8	%
	
                                  New
      Investors

                                	 	 	2,625,000	 	 	 	52,500,000	 	 	 	52,500,000	 	 	 	-	 	 	 	105,000,000	 	c	 	 	 	11.6	%
	
                                  Preffered
      A

                                	 	 	3,500,000	 	 	 	70,000,000	 	 	 	240,000,000	 	 	 	40,000,000	 	 	 	350,000,000	 	a	 	 	 	15.4	%
	
                                  SM
      Deal Terms

                                	 	 	500,000	 	 	 	10,000,000	 	 	 	10,000,000	 	 	 	-	 	 	 	20,000,000	 	 	 	 	 	2.2	%
	
                                  Preffered
      B

                                	 	 	2,400,000	 	 	 	48,000,000	 	 	 	48,000,000	 	 	 	-	 	 	 	96,000,000	 	  	 	 	 	10.6	%
	
                                  Oliveira
      Loan Conversion

                                	 	 	600,000	 	 	 	12,000,000	 	 	 	36,000,000	 	 	 	-	 	 	 	48,000,000	 	a	 	 	 	2.6	%
	
                                  Oliveira
      Converted Debt

                                	 	 	2,133,400	 	 	 	42,666,000	 	 	 	42,666,000	 	 	 	-	 	 	 	85,336,000	 	b	 	 	 	9.4	%
	
                                  Oliveira
      Common

                                	 	 	 	 	 	 	3,100,000	 	 	 	2,666,667	 	 	 	-	 	 	 	5,766,667	 	 	 	 	 	0.7	%
	
                                  Officers

                                	 	 	 	 	 	 	  	 	 	 	-	 	 	 	80,000,000	 	 	 	80,000,000	 	 	 	 	 	0.0	%
	
                                  Agents

                                	 	 	 	 	 	 	-	 	 	 	5,250,000	 	 	 	-	 	 	 	5,250,000	 	a	 	 	 	0.0	%
	
                                  Sinotop

                                	 	 	 	 	 	 	90,777,298	 	 	 	128,536,960	 	 	 	30,079,375	 	 	 	249,393,633	 	d	 	 	 	20.0	%
	 
      	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 	 
	
                                  Total

                                	 	$	14,901,152	 	 	 	453,886,490	 	 	 	642,684,800	 	 	 	150,396,875	 	 	 	1,246,968,165	 	 	 	 	 	100	%

                        

                      

                    

                  

                

              

            

          

        

         

      

      
        	
                a

              	
                cashless,
      non-callable

              

      

       

      
        	
                b

              	
                assumes
      100% debt conversion (50% required)

              

      

       

      
        	
                c 

              	
                assumes
      $9,625,000  raise

              

      

       

      
        	
                d

              	
                This
      capitalization table reflects the maximum number of shares that will be
      issuable immediately upon consummation of the offering.  While a
      final determination has not been made regarding the number of shares
      issuable to Sinotop, the number above reflects the maximum possible
      number.  In addition, Sinotop requires that the Sinotop
      Acquisition Agreements number above include and earn-out provision such
      that, in the event that Sinotop achieves certain mutually agreed upon
      milestones, Sinotop could receive additional shares of common stock and
      warrants equal to a maximum of 5% of the number of shares of common stock
      and warrants identified above.  Based on the above maximum
      numbers, the earn-out would result in the issuance of an additional
      22,694,325 shares of common stock and 32,134,240 warrants to
      Sinotop.

              

      

      
        
           

        

        
          1

          
            

          

        

        
           

        

      

      SCHEDULE
5.2

       

      EXCEPTIONS
TO NON-COMPETE

       

      The
Seller is the sole shareholder of Codent Networks (Shanghai) Co. Ltd. (“科顿网络通讯技术(上海)有限公司”),
a wholly foreign owned enterprise incorporated in Shanghai, China with a
registered capital of USD$710,000. The company’s main business is to develop and
market mobile software solutions and services. It is engaging with Xinhua Mobile
TV Co. on mobile streaming video service and with China Telecom on mobile
payment and other mobile phone based services to mobile consumers and enterprise
customers.

       

      Codent’s
business existed prior to the Seller employment agreement with CBBD. Some of
Codent’s business, for example, the mobile streaming video and mobile payment,
may be considered similar in nature with CBBD’s video-on-demand and pay-per-view
services in the mobile space.

       

      The
Seller is not involved in Codent’s operation or management, and less than 10% of
the Seller’s time is spent serving as the sole shareholder, legal representative
and chairperson of the company.

       

      
        
          
          

        

        
          1

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