Document:

ex10-6.htm

Exhibit 10.6

 

AGREEMENT TO TERMINATE CONSULTING SERVICES AGREEMENT

THIS AGREEMENT TO TERMINATE CONSULTING SERVICES AGREEMENT (this “Agreement”) is entered into as of March 22, 2011, by and among Shenyang Yanzikou Sports & Entertainment Co., Ltd. (“Party A”), Beijing Shungao Golf Course Management Co., Ltd. (“Party B”, and with Party A collectively referred to as the “Parties”). China Golf Group, Inc (the “Company”) is made a party to this Agreement for the sole purpose of acknowledging the Agreement.

WHEREAS, certain Consulting Services Agreement date September 25, 2009 (the “Consulting Agreement”), pursuant to which Party A provides to Party B, on an exclusive basis, consulting services pertaining to general business operation, human resources, and research and development;

WHEREAS, Section 7 of the Consulting Agreement provides that Party A may terminate Consulting Agreement;

NOW, THEREFORE, in consideration of the foregoing recitals and the mutual agreements herein contained and for other good and valuable consideration, the Parties agree as follows:

A.           TERMINATION OF THE CONSULTING AGREEMENT AND ITS AMENDMENT.

(1)           Party A hereby terminates the Consulting Agreement and Party B hereby accepts said termination.

B.           GOVERNING LAW.  This Agreement shall be governed and construed under the laws of the People’s Republic of China, and shall be binding on and shall inure to the benefit of the parties and their respective successors and permitted assigns.

C.           COUNTERPARTS.  This Agreement may be executed in any number of counterparts, each of which shall be an original, but all of which together shall constitute one instrument.

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SIGNATURE PAGE

 

IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be duly executed by their legal representatives and duly authorized representatives on their behalf as of the date first set forth above.

 

PARTY A:

Shenyang Yanzikou Sports & Entertainment Co., Ltd.

By:           /s/ Ye Bi                                

Name: Ye Bi

Title: Executive Director

PARTY B

Beijing Shungao Golf Course Management Co., Ltd.

By:           /s/ Xiao Bowu                                                      

Name: Xiao Bowu

Title: Executive Director

ACKNOWLEDGED BY

China Golf Group, Inc.

By:__/s/Ye Bi_________

Name: Bi Ye

Title: CEOex10-7.htm

Exhibit 10.7

 

AGREEMENT TO TERMINATE OPERATING AGREEMENT

THIS AGREEMENT TO TERMINATE OPERATING AGREEMENT (this “Agreement”) is entered into as of March 22, 2011, by and among Shenyang Yanzikou Sports & Entertainment Co., Ltd. (“Party A”), Beijing Shungao Golf Course Management Co., Ltd. (“Party B”), shareholders holding 100% equity interests of Party B (“Shareholders”). China Golf Gropu, Inc. (the “Company”) is made a party to this Agreement for the sole purpose of acknowledging the Agreement.

WHEREAS, in connection with a certain Consulting Services Agreement dated as of September 25, 2009 (the “Consulting Agreement”), Party A entered into an Option Agreement and its amendment dated as of even date therewith respectively (the “Option Agreement”) with Party B and the Shareholders;

WHEREAS, Party A and Party B enters into an agreement to terminate the Consulting Agreement and its amendment dated as of even date herewith (the “Termination Agreement”), whereby Party A and Party B has terminated the Consulting Agreement;

WHEREAS, in connection with the Termination, Party A desires to terminate the Operating Agreement, and Party B desires to accept such termination;

WHEREAS, Section 16 of the Operating Agreement provides that Party A may terminate Operating Agreement pursuant to the issuance of 30 days prior written notice to Party B;

NOW, THEREFORE, in consideration of the foregoing recitals and the mutual agreements herein contained and for other good and valuable consideration, the Parties agree as follows:

A.           TRANSFER OF THE OPERATING AGREEMENT.

(1)           Party A hereby terminates the Operating Agreement, and Party B and Shareholders hereby accepts such termination (collectively the “Termination”).

(2)           In accordance with Section 16 of the Operating Agreement, Party A shall notify Party B of the Termination pursuant to a written notice, the form of which is attached hereto as Exhibit A.

(3)           Termination shall take effective 30 days after the issuance of above written notice.

B.           GENERAL PROVISIONS.

(1)           Notices. All notices and other communications hereunder shall be in writing and shall be deemed to have been duly given if delivered personally, sent by overnight courier or mailed by registered or certified mail (postage prepaid and return receipt requested) to the party to whom the same is so delivered, sent or mailed at addresses set forth as follows (or at such other address for a party as shall be specified by like notice):

  

  

  

If to Party A:

Shenyang Yanzikou Sports & Entertainment Co., Ltd.

Address:  No. 18-12 Yaoyang Road, Huishan Economic Development Zone, Shenbei New District, Shenyang City, China

Attn:  Bi Ye, Executive Director

If to Party B:

Beijing Shungao Golf Course Management Co., Ltd.

Address:No. 16 Hou Street, Lv Bu Tun, Zhang Town, Shunyi District, Beijing, China

Attn: Xiao Bowu, Legal Representative

C.           GOVERNING LAW.  This Agreement shall be governed and construed under the laws of the People’s Republic of China, and shall be binding on and shall inure to the benefit of the parties and their respective successors and permitted assigns.

D.           COUNTERPARTS.  This Agreement may be executed in any number of counterparts, each of which shall be an original, but all of which together shall constitute one instrument.

[Remainder of page left blank intentionally.]

  

  

  

SIGNATURE PAGE

 

IN WITNESS WHEREOF, the Parties have caused this Agreement to be duly executed by their legal representatives and duly authorized representatives on their behalf as of the date first set forth above.

PARTY A:

Shenyang Yanzikou Sports & Entertainment Co., Ltd.

By:           /s/ Ye Bi                                           

Name: Ye Bi

Title: Executive Director

PARTY B:

Beijing Shungao Golf Course Management Co., Ltd.

By:           /s/ Xiao Bowu                                                      

Name: Xiao Bowu

Title: Executive Director

  

  

  

SHAREHOLDERS

_/s/ Xiao Bowu______________

Xiao Bowu

Owns 100% of Beijing Shungao Golf Course Management Co., Ltd.

  

  

  

ACKNOWLEDGED BY

China Golf Group, Inc.

By:__/s/ Ye Bi_________

Name: Ye Bi

Title: CEOex10-8.htm

Exhibit 10.8

 

AGREEMENT TO TERMINATE OPTION AGREEMENT

THIS AGREEMENT TO TERMINATE OPTION AGREEMENT (this “Agreement”) is entered into as of March 22, 2011, by and among Shenyang Yanzikou Sports & Entertainment Co., Ltd. (“Party A”), Beijing Shungao Golf Course Management Co., Ltd. (“Party B”), and shareholders holding the equity interests of Party B (“Shareholders”  and with Party A, Party B and Chairman collectively referred to as the “Parties”). China Golf Group, Inc. (“the Company”), is made a party to this Agreement for the sole purpose of acknowledging the Agreement.

WHEREAS, in connection with a certain Consulting Services Agreement dated as of September 25, 2009 (the “Consulting Agreement”), Party A entered into an Option Agreement and its amendment dated as of even date therewith, respectively (the “Option Agreement”) with Party B and the Shareholders;

WHEREAS, Party A and Party B enters into an agreement to terminate the Consulting Agreement dated as of even date herewith (the “Termination Agreement”), whereby Party A and Party B has terminated the Consulting Agreement;

NOW, THEREFORE, in consideration of the foregoing recitals and the mutual agreements herein contained and for other good and valuable consideration, the Parties agree as follows:

A.           TERMINATION OF THE OPTION AGREEMENT.

(1)           Party A, Party B and Shareholders hereby unanimously agree to terminate Option Agreement.

 

B.           GOVERNING LAW.  This Agreement shall be governed and construed under the laws of the People’s Republic of China, and shall be binding on and shall inure to the benefit of the parties and their respective successors and permitted assigns.

C.           COUNTERPARTS.  This Agreement may be executed in any number of counterparts, each of which shall be an original, but all of which together shall constitute one instrument.

 

[Remainder of page left blank intentionally.]

  

  

  

SIGNATURE PAGE

 

IN WITNESS WHEREOF, the Parties have caused this Agreement to be duly executed by their legal representatives and duly authorized representatives on their behalf as of the date first set forth above.

 

PARTY A:

Shenyang Yanzikou Sports & Entertainment Co., Ltd.

By:           /s/ Ye Bi                                           

Name: Ye Bi

Title: Executive Director

PARTY B:

Beijing Shungao Golf Course Management Co., Ltd.

By:           /s/ Xiao Bowu                                                      

Name: Xiao Bowu

Title: Executive Director

  

  

  

SHAREHOLDERS

 

_/s/ Xiao Bowu____________

Xiao Bowu

Owns 100% of Beijing Shungao Golf Course Management Co., Ltd.

 

  

  

  

ACKNOWLEDGED BY

China Golf Group, Inc.

By:___/s/ Ye Bi________

Name: Ye Bi

Title: CEO

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