Document:

Unassociated Document

    Exhibit
      10.10

    

    LETTER
      AGREEMENT WITH DANLIN MENG

    

    

    

    [____________],
      2008

    

    

    China
      Growth Alliance Ltd.

    Room
      409,
      4/F Aetna Tower

    107
      Zunyi
      Road

    Shanghai,
      200051, China 

    

    Ferris,
      Baker Watts, Incorporated

    100
      Light
      Street

    Baltimore,
      Maryland 21202

    

    Re:
      Initial
      Public Offering

    

    Gentlemen:

    

    The
      undersigned director and shareholder of China Growth Alliance Ltd.
      (“Company”),
      in
      consideration of Ferris, Baker Watts, Incorporated (“FBW”)
      agreeing to underwrite an initial public offering of the securities of the
      Company (“IPO”)
      and
      embarking on the IPO process, hereby agrees as follows (certain capitalized
      terms used herein are defined in paragraph 11 hereof):

    

    1. If
      the
      Company solicits approval of its stockholders of a Business Combination, the
      undersigned will vote all shares of Ordinary Shares of the Company
      (“Ordinary
      Shares”),
      including the Insider Shares and IPO Shares, owned by him in accordance with
      the
      majority of the votes cast by the holders of the IPO Shares.

    

    2. 
       The
      undersigned will escrow his Insider Shares, if any, until the earlier of: (i)
      one year after the Company’s consummation of a Business Combination, (ii) three
      years from the effective date of the Company’s prospectus (“Prospectus”),
      or
      (iii) the consummation of a liquidation, share reconstruction and amalgamation,
      stock exchange or other similar transaction which results in all of the
      Company’s shareholders having the right to exchange their Ordinary Shares for
      cash, securities or other property subsequent to the Company’s consummating a
      Business Combination with a target acquisition, at which time such Insider
      Shares will be released from escrow, unless the Company were to engage in a
      transaction after the consummation of its initial Business Combination that
      results in all of the shareholders of the combined entity having the right
      to
      exchange their ordinary shares for cash, securities or other property; but
      in
      each case subject to the terms of a Securities Escrow Agreement which the
      Company will enter into with the undersigned and an escrow agent acceptable
      to
      the Company.

    

    3.  In
      the
      event that the Company fails to consummate a Business Combination within
      24 months from the effective date (“Effective
      Date”)
      of the
      registration statement relating to the IPO (the “Termination
      Date”),
      the
      undersigned will take all reasonable actions within his power as soon as
      reasonably practicable following the Termination Date to cause the Company
      to
      distribute to all of the public shareholders in the manner and subject to the
      deductions set forth in the Prospectus. The undersigned hereby waives any and
      all right, title, interest or claim of any kind (“Claim”)
      in or
      to any distribution of the Company’s trust account described in the Prospectus
      (the “Trust
      Account”)
      with
      respect to his Insider Shares and waives any Claim the undersigned may have
      in
      the future as a result of, or arising out of, any contracts or agreements with
      the Company and will not seek recourse against the Trust Account for any reason
      whatsoever, except for valid claims for indemnification and expense
      reimbursement. Notwithstanding the foregoing, the undersigned may receive
      distributions from the Trust Account in respect of its IPO Shares and/or any
      Ordinary Shares acquired in the aftermarket.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    4.  In
      order
      to minimize potential conflicts of interest which may arise from multiple
      affiliations, the undersigned agrees to present to the Company for its
      consideration, prior to presentation to any other person or entity, any suitable
      opportunity to acquire an operating business, until the earlier of the
      consummation by the Company of a Business Combination, the liquidation of the
      Company or until such time as the undersigned ceases to be an director of the
      Company, but taking into account, in each case, any pre-existing fiduciary
      obligations the undersigned might have, which fiduciary obligations are
      disclosed to the Company’s board of directors prior to the Effective Date or
      which are disclosed in the Prospectus, together with new
      fiduciary obligations related to or affiliated with entities to whom the
      undersigned has pre-existing fiduciary obligations, including, but not limited
      to, fiduciary obligations to next generation, follow-on or successor entities
      to
      any entities to which the undersigned has pre-existing obligations.

    

    5.  Other
      than as set forth in this letter agreement, the undersigned acknowledges and
      agrees that the Company will not consummate any Business Combination which
      involves a company which is affiliated with any of the Insiders unless the
      Company obtains an opinion from an independent investment banking firm
      reasonably acceptable to FBW that the business combination is fair to the
      Company’s stockholders from a financial perspective.

     

    6.  Neither
      the undersigned, any member of the family of the undersigned, or any affiliate
      of the undersigned will be entitled to receive or accept a finder’s fee or any
      other compensation in the event the undersigned, any member of the family of
      the
      undersigned or any affiliate of the undersigned originates a Business
      Combination.

      

    7.  The
      undersigned confirms that he is acting as a director of the Company and consents
      to being named in the registration statement of which the Prospectus forms
      a
      part. The undersigned agrees to serve in such capacity and to not resign (or
      advise the Company’s board of directors that he declines to seek re-election to
      the Board of Directors) from his position as a director of the Company as set
      forth in the Prospectus without the prior consent of FBW (such consent not
      to be
      unreasonably withheld, conditioned or delayed) until the earlier of the
      consummation by the Company of a Business Combination and the completion of
      the
      Company’s winding up, dissolution and liquidation. The undersigned may, however,
      and without violating this Paragraph 7, terminate his association with the
      Company for Good Reason by giving the Company thirty (30) days written
      notice. “Good
      Reason”
means:
      (i) the occurrence of a physical or mental condition of the undersigned or
      his immediate family which prevents the undersigned from acting in his capacity
      with the Company for a period of forty-five (45) consecutive days or
      (ii) the commission by the Company or its executive officers or directors
      (excluding the undersigned) of any material fraud, unlawful act or breach of
      fiduciary duty relating to the Company or its operations. The
      undersigned’s biographical information furnished to the Company and FBW and
      attached hereto as Exhibit A
      is true
      and accurate in all respects, does not omit any material information with
      respect to the undersigned’s background. The undersigned represents and warrants
      that:

    

    (a)
       he
      is not
      subject to or a respondent in any legal action for, any injunction
      cease-and-desist order or order or stipulation to desist or refrain from any
      act
      or practice relating to the offering of securities in any
      jurisdiction;

    

    (b)
       he
      has
      never been convicted of or pleaded guilty to any crime (i) involving any
      fraud or (ii) relating to any financial transaction or handling of funds of
      another person, or (iii) pertaining to any dealings in any securities and
      he is not currently a defendant in any such criminal proceeding;
      and

    

    (c)
       he
      has
      never been suspended or expelled from membership in any securities or
      commodities exchange or association or had a securities or commodities license
      or registration denied, suspended or revoked.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    8.  The
      undersigned has full right and power, without violating any agreement by which
      he is bound, to enter into this letter agreement and to serve as a director
      of
      the Company.

    

    9.  Neither
      the undersigned, any member of the family of the undersigned, nor any affiliate
      of the undersigned will be entitled to receive and will not accept any
      compensation for services rendered to the Company prior to the consummation
      of
      the Business Combination; provided that the undersigned shall be entitled to
      reimbursement from the Company for his out-of-pocket expenses incurred in
      connection with seeking and consummating a Business Combination.

    

    10.
       The
      undersigned authorizes any employer, financial institution, or consumer credit
      reporting agency to release to FBW and its legal representatives or agents
      (including any investigative search firm retained by FBW) any information they
      may have about the undersigned’s background and finances (“Information”),
      purely for the purposes of the Company’s IPO (and shall thereafter hold such
      information confidential). Neither FBW nor its agents shall be violating the
      undersigned’s right of privacy in any manner in requesting and obtaining the
      Information and the undersigned hereby releases them from liability for any
      damage whatsoever in that connection.

    

    11.  As
      used
      herein: (i) a “Business
      Combination”
shall
      mean an acquisition by share reconstruction and amalgamation, capital stock
      exchange, asset or stock acquisition, reorganization or otherwise, of an
      operating business selected by the Company; (ii) “Insiders”
shall
      mean all officers, directors and stockholders of the Company immediately prior
      to the IPO; (iii) “Insider
      Shares”
shall
      mean all of the shares of Ordinary Shares and warrants to purchase Ordinary
      Shares of the Company owned by an Insider prior to the IPO; and (iv)
“IPO
      Shares”
shall
      mean the Ordinary Shares included within the subunits issued in the Company’s
      IPO.

    

    

    [Remainder
      of page intentionally left blank]

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    If
      the
      foregoing terms and conditions are acceptable to you, kindly indicate your
      acceptance below, whereupon this letter shall be a binding legal agreement
      among
      us.

    

    

    

    ___________________________________

    Name:
      Danlin Meng

    

    

    ACCEPTED
      AND AGREED:

    

    China
      Growth Alliance Ltd.

    

    

    

    By:
      ______________________

    Name:

    Title:

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    EXHIBIT
      A

    

    BIOGRAPHICAL
      INFORMATIONUnassociated Document

    Exhibit
      10.11

     

    

    [  ],
      2008

    

    Shanghai
      Fair Value Investment Company Limited

    Room
      409,
      4/F Aetna Tower

    107
      Zunyi
      Road

    Shanghai,
      200051 China

    

    Re: Office
      Services Agreement

    

    Gentlemen:

    

    This
      letter will confirm our agreement, that commencing on the effective date
      (“Effective Date”) of the registration statement (“Registration Statement”) of
      the initial public offering (“IPO”) of the securities of China Growth Alliance
      Ltd. (the “Company”) and continuing until the earlier to occur of: (i) the
      consummation of a Business Combination (as described in the Registration
      Statement), (ii) _________________, 2010 and (iii) the date on which we
      determine to dissolve and liquidate our trust account as part of our plan of
      dissolution and liquidation, Shanghai Fair Value Investment Company Limited
      shall make available to the Company certain general and administrative services,
      including but not limited to reception, secretarial and general office services.
      In exchange therefore, the Company shall pay Shanghai Fair Value Investment
      Company Limited the sum of $7,500 per month beginning on the Effective Date
      and
      continuing monthly thereafter.

     

    
      	
              Very
                truly yours,

            
	 
	
              CHINA
                GROWTH ALLIANCE LTD.

            
	 
	 
	
              By: 

            	 
	 	
              Name:

            
	 	
              Title:

            

    

     

    Agreed
      to
      and Accepted by:

    

    Shanghai
      Fair Value Investment Company Limited

     

    
      	By: 	 
	 	
              Name:

            
	 	
              Title:

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00139-of-00352.parquet"}]]