Document:

Promissory Note dated June 27, 2008 issued

 Exhibit 10.1 
 Execution Copy 
 PROMISSORY NOTE 
 (“Buyer Note”) 
  

					
	$1,431,718.40	  	San Diego, California	  	June 27, 2008

 FOR VALUE RECEIVED, the undersigned (“Maker”) promises to pay to ADAPTEC, INC., a
Delaware corporation (herein referred to as “Holder”), the principal amount of One Million Four Hundred Thirty One Thousand Seven Hundred Eighteen Dollars and Forty Cents ($1,431,718.40), subject to adjustment as provided below, with
interest thereon at the rate of 4% per annum. The entire unpaid principal and all accrued but unpaid interest shall be due and payable on the date which is 12 months from the date hereof (the “Maturity Date”). Principal and interest
shall be payable in lawful money of the United States. Maker shall make all payments due hereunder by check payable to Payee delivered or mailed as follows (or by wire transfer of immediately available funds to an account designated by Holder in
writing): 
 691 S. Milpitas Blvd. 
 Milpitas, CA 95035 
 This Promissory Note has been executed and delivered pursuant to and in accordance with the terms and
conditions of the Asset Purchase Agreement, dated June 27, 2008, by and between Maker and Holder (the “Agreement”), and is subject to the terms and conditions of the Agreement, which are, by this reference, incorporated herein and
made a part hereof. All capitalized terms not defined herein shall have the meaning given to them in the Agreement. 
 Pursuant to the terms
of the Agreement, the principal amount of this Promissory Note is subject to adjustment as follows: 
 (a) the original principal amount of
this Promissory Note is subject to automatic adjustment as set forth in Section 1.6 of the Agreement. All accrued interest shall automatically adjust to correspond to any adjustments to the principal amount of this Promissory Note pursuant to
Section 1.6 of the Agreement retroactive to the date of this Promissory Note. 
 (b) the outstanding principal amount of this Promissory
Note is subject to certain offset rights set forth in Section 6.6 of the Agreement and upon exercise of such rights the outstanding principal amount of this Promissory Note and all accrued interest shall automatically be adjusted retroactive to
the date of this Promissory Note. 
 Interest at the above stated rate shall commence to accrue on the outstanding principal balance of this
Promissory Note on the date hereof. Each payment made hereunder shall be credited first to interest then due and the remainder to principal. This Promissory Note may be prepaid at any time, and from time to time, in full or in part, without penalty.

 Neither this Promissory Note nor any of the rights or interests hereunder may be assigned, by operation of law or otherwise, in whole or
in part, by Holder, without the prior written consent of Maker, which consent may be withheld in Maker’s sole discretion. 

 The obligations of the Maker under this Promissory Note shall be secured by the collateral identified in
that certain Security Agreement of even date herewith made by the Maker in favor of the Holder. 
 IN WITNESS HEREOF, the Maker has executed
this Promissory Note effective as of the date first written above. 
  

			
	 OVERLAND STORAGE, INC. 
 a California
corporation

		
	By:	 	/s/ Vernon A. LoForti
		 	Vernon A. LoForti
		 	President and Chief Executive OfficerAmendment No. 1 to Promissory Note

 Exhibit 10.2 
 Execution Copy 
 AMENDMENT NO. 1 TO PROMISSORY NOTE 
 This Amendment No. 1 to Promissory Note (“Amendment”) is entered into as of May 20, 2009, by and between OVERLAND STORAGE, INC., a
California corporation (“Maker”), and ADAPTEC, INC., a Delaware corporation (“Holder”). 
 WHEREAS Maker executed and
delivered to Holder that certain Promissory Note (“Original Note”) dated as of June 27, 2008 and payable to the order of Holder in the original principal amount of One Million Four Hundred Thirty One Thousand Seven Hundred Eighteen
Dollars and Forty Cents ($1,431,718.40), subject to adjustment and interest (“Original Amount”), which Original Note was executed and delivered pursuant to and in accordance with the terms and conditions of the Asset Purchase Agreement,
dated June 27, 2008, by and between Maker and Holder (“Agreement”); and 
 WHEREAS, Maker and Holder mutually desire to amend
the payment schedule and adjusted, offset and interest-bearing amounts payable under the Original Note. 
 NOW THEREFORE, in consideration of
the foregoing and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, Maker and Holder hereby agree as follows: 
 1. All capitalized terms not otherwise defined herein shall have the respective meanings ascribed to them in the Original Note and/or in the Agreement. 
 2. The second sentence of the first paragraph of the Original Note is hereby superseded and replaced in its entirety by the following language and the
payment schedule and amounts reflected immediately below (“Payment Schedule”): 
 “The entire unpaid principal and all accrued but unpaid
interest, taking into account all applicable adjustments and offsets, shall be due and payable on the dates and in the amounts as follows: 
 PAYMENT
SCHEDULE 
  

				
	 Date Due
	  	Amount Due
	 May 31, 2009
	  	$	220,000.00
	 June 30, 2009
	  	$	220,000.00
	 July 31, 2009
	  	$	106,000.00
	 August 31, 2009
	  	$	106,000.00
	 September 30, 2009
	  	$	106,000.00
	 October 31, 2009
	  	$	106,000.00
	 November 30, 2009
	  	$	106,000.00
	 December 31, 2009
	  	$	106,000.00
	 January 31, 2010
	  	$	106,000.00
	 February 28, 2010
	  	$	106,000.00
	 March 30, 2010
	  	$	102,529.81
		  	 	 
	 “Total”
	  	$	1,390,529.81

  

 1 

 3. Notwithstanding anything to the contrary in the Original Note, the Agreement, and/or herein, Maker and
Holder hereby mutually agree that the amounts reflected in the Payment Schedule, when paid according to the dates set forth in the Payment Schedule, reflect all applicable adjustments to, offsets against, and interest owing or to be owed on the
Original Amount, and such amounts in the Payment Schedule, when paid according to the dates set forth in the Payment Schedule, supersede any other stated and/or calculated amounts derived from the Original Amount and payable by Maker to Holder
pursuant to the Original Note. 
 4. Except as otherwise provided in this Amendment, all of the terms, covenants and conditions of the
Original Note and Agreement shall remain in full force and effect. 
 5. This Amendment shall be governed by and construed in accordance with
the laws of the State of California. 
 6. The terms, agreements, covenants and conditions contained in this Amendment shall bind and inure
to the benefit of the parties hereto and their respective successors and assigns. 
 7. This Amendment may not be changed orally. 

8. This Amendment may be executed in multiple counterparts, each of which, when so executed, shall be deemed an original, and all of which shall
together constitute one and the same document, and shall be binding on the signatories; and the signature of any party to any counterpart shall be deemed a signature to, and may be appended to, any other counterpart. 
 IN WITNESS WHEREOF, Maker and Holder have duly executed this Amendment No. 1 to Promissory Note effective as of the date first written above.

  

			
	MAKER:
	OVERLAND STORAGE, INC.
	a California corporation
		
	By:	 	/s/ Kurt L. Kalbfleisch
	Name:	 	Kurt L. Kalbfleisch
	Title:	 	Vice President & CFO
	
	HOLDER:
	ADAPTEC, INC.
	A Delaware corporation
		
	By:	 	/s/ John M. Westfield
	Name:	 	John M. Westfield
	Title:	 	V.P. & Corp. Controller

  

 2ex10_2.htm

     

    
      Exhibit
10.2

      

      AGREEMENT

      

      This
Agreement (the "Agreement") is made as of the 23rd day of
April 2009 by and among China International Tourism Holdings, Ltd., a Nevada
corporation ("CINH"), Shanxi Kai Da Lv You Gu Wen Xian Gong Si(“Kai Da”) a
company organized under the laws of the Peoples’ Republic of China and Mr. Lei
Ming, an individual. (“Buyer”).

      

      RECITALS

      

      1. CINH and
Kai Da currently have total assets of  $407,616 and total liabilities
of  $481,275 (collectively "CINH Assets and Liabilities"), in
accordance with the audited financial information for the year ended December
31, 2008, which was disclosed in CINH's annual report on Form 10K filed with
Securities and Exchange Commission on April 15, 2009.

      

      2. For
valuable consideration and upon the terms and conditions set forth herein, CINH
desires to sell and transfer and Buyer desires to purchase and acquire CINH
Assets and Liabilities.

      

      
        	
                 
      

              	
                NOW,
      THEREFORE, in consideration of the mutual promises, covenants and
      conditions hereinafter set forth, the parties hereto mutually agree as
      follows:

              

      

      

      
        
        

        AGREEMENT

      

      

      
        	
                 
      

              	
                1.  Purchase and Sale of
      CINH Assets and Liabilities.  Subject to the terms and
      conditions hereof, CINH will transfer to Buyer, and Buyer will acquire
      from CINH and Kai Da, CINH Assets and Liabilities in exchange for the
      payment of good and valuable consideration of not less than One Hundred
      dollars ($100.00) (the "Purchase
Price").

              

      

      

      
        	
                 
      

              	
                 

              	
                
                  2.  Delivery of the
      Purchase Price.  At the Closing, Buyer shall deliver to
      CINH good and valuable consideration of not less than One Hundred dollars
      ($100.00).

                

              

      

      

      
        
          	
                   
      

                	
                  3.  Delivery.  At
      the Closing, CINH and Kai Da shall deliver to Buyer all applicable
      documents representing all CINH Assets and Liabilities and such documents
      shall be properly endorsed for transfer.

                
	 	 
	 	4.   Representations and Warranties of
      CINH.  CINH and Kai Da hereby represent and warrant to
      Buyer as follows:

        

      

       

      
        	
                4.1  

              	
                Corporate
      Organization and Authority.  CINH is a corporation duly
      organized, validly existing, authorized to exercise all of its corporate
      powers, rights and privileges, and in good standing in the State of
      Nevada.  CINH has the full power and authority to enter into and
      to perform this Agreement in accordance with its terms, and the execution,
      delivery and performance of this Agreement by CINH have been duly
      authorized by all necessary corporate action on the part of
      CINH.  Neither the execution nor delivery of this Agreement nor
      compliance by CINH with its obligations under the terms of this Agreement
      will (i) conflict with the certificate of incorporation or by-laws of
      CINH, any rule, regulation, statute or order of any governmental body or
      court applicable to it or its property or to any agreement or instrument
      to which it is a party or by which it is bound, or (ii) result in the
      creation of any liens upon any of the CINH Assets to be
      transferred  pursuant to this
  Agreement.

              

      

      

      
        	
                4.2  

              	
                No
      consent or approval of any third party is required with respect to the
      actions to be taken hereunder by
CINH.

              

      

      

      
        	
                4.3  

              	
                Title
      to CINH Assets and Liabilities.   CINH owns beneficially
      and of record, free and clear of any lien, option or other encumbrance,
      and has full power and authority to convey, free and clear of any lien or
      encumbrance, the total assets of $407,616 and upon delivery of the
      Purchase Price for such Assets as provided in this Agreement, CINH will
      convey to Buyer or at his direction to others, good and valid title
      thereto, free and clear of any lien or other encumbrance. In addition,
      CINH will assign to Buyer or his nominee the debt of $481,275 owed by
      CINH.

              

      

       

      
        
          	 	5.  Representations and
      Warranties of Buyer.  Buyer represents and warrants to
      CINH as follows:
	 	 
	 	 5.1  Authorization.  This
      Agreement, when executed and delivered by Buyer, will constitute a valid
      and legally binding obligation of the Buyer, enforceable in accordance
      with its terms, except as may be limited to applicable bankruptcy,
      insolvency, reorganization, moratorium or similar laws or equitable
      principles relating to or involving creditors' rights.
	 	 
	 	5.2  Disclosure.  Buyer
      is a former officer and director of CINH and is fully informed of and
      aware of the structure and status of the corporation in which he is
      acquiring an interest as represented by CINH Assets and Liabilities, Buyer
      is fully informed and aware of the status of the assets, debts and
      condition and acknowledges that he is purchasing CINH Assets and
      Liabilities in its current condition and without further warranties from
      CINH.
	 	 
	
                   

                	
                  
                    5.3  Authority
      to Execute and Perform Agreement.  Buyer has the full legal
      right and power and all authority and approvals. If any, required to enter
      into, execute and deliver this Agreement and to perform fully Buyers’
      obligations hereunder.  The execution and delivery by Buyer of
      this Agreement and the performance by Buyer of this Agreement in
      accordance with its terms and conditions will not (i) require the approval
      or consent of any federal, state, local or other governmental or
      regulatory body or the approval or consent of any other person; (ii)
      conflict with or result in any breach or violation of any of the terms and
      conditions of, (or with notice or lapse of time or both, conflict with or
      result in any breach or violation of any of the terms and conditions of)
      any judgment or decree applicable to him of the Shares or any instrument,
      contract or other agreement to which Buyer is a
  party.

                  

                

        

      

      

      
        
          
          

        

        
          13

          
            

          

        

        
          
          

        

      

       

            
6.  Miscellaneous.

      

      6.1   Governing
Law.  This Agreement shall be governed in all respects by the laws of
the State of Nevada.

      

      6.2   Survival.  The
representations, warranties, covenants, and agreements made herein shall survive
any investigation made by any party hereto and the closing of the transactions
contemplated hereby.

      

      6.3   Successors
and Assigns.  Except as otherwise expressly provided herein, the
provisions hereof shall inure to the benefit of and be binding upon the
successors, assigns, heirs, executors, administrators of the parties hereto and
all subsequent holders of CINH Assets and Liabilities.

      

      6.4   Entire
Agreement; Amendment.  This Agreement and the other documents and
agreements delivered pursuant hereto constitute the full and entire
understanding and agreement between the parties with regard to the subjects
hereof and thereof.  This Agreement may only be amended in writing
signed by the Seller and the holders of a majority of the outstanding shares of
CINH hereunder.

      

      6.5   Notices.  Except
as otherwise provided all notices and other communications require or permitted
hereunder shall be in writing and shall be mailed by first-class mail, postage
prepaid, addressed to their respective addresses as provided by Buyer and Seller
or to such other address as each may have furnished to the others in
writing.

      

      6.6   Expenses.  Whether
or not the transactions contemplated hereby are consummated, each party shall
pay its own expenses in connection with the transaction.

      

      6.7   Waiver
of Breach or Default.  Neither Buyer nor CINH shall waive any right,
power or remedy accruing hereunder unless such waiver is in writing signed by
the party to be charged.  The waiver of any breach or default
hereunder shall not constitute the waiver of any other breach or
default.  All remedies under this Agreement or by law or otherwise
afforded to Buyer or CINH shall be cumulative and not alternative.

      

      6.8   Legal
Fees.  The prevailing party in any legal action or arbitration
proceeding brought  by one party against the other shall be entitled,
in addition to any other rights and remedies, to reimbursement for its expenses
incurred thereby, including court costs and reasonable attorney's
fees.

      

      6.9   Titles
and Subtitles.  The titles of the sections and subsections of this
Agreement are for convenience of reference only and are not to be considered in
construing this Agreement.

      
 

      [THE REST
OF THIS PAGE IS INTENTIONALLY LEFT BLANK]

       

      IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the day
and year herein above first written.

       

      
        	
                 
      

              	
                CHINA
      INTERNATIONAL TOURISM HOLDINGS,
LTD.

              

      

       

      By:  /s/Wanwen
Su

      WANWEN SU

      Director and Majority
Shareholder

      

      XI'AN KAI DA WEN HUA CHUAN BO CO.
LTD.

       

      By:  /s/Wanwen
Su

      WANWEN SU

      Director

       

      BUYER:

       

      MR. LEI, MING

       

       
Signed: /s/ Lei,
Ming

                                             Lei,
Ming

                   Individual

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