Document:

Exhibit 10.1 2006 Stock Grant and Option Plan

    Exhibit
      10.1

     

    2006
      Stock Grant and Option Plan

    

    

    2006
      NON-QUALIFIED

    STOCK
      GRANT AND OPTION PLAN

    

    1.
      PURPOSE: This Non-Qualified Stock Grant and Option Plan (the "Plan") is intended
      to serve as an inventive to and to encourage stock ownership by certain
      directors, officers, employees of and certain persons rendering service to
      AIDA
      PHARMACEUTICALS, INC. a Nevada corporation (the “Corporation"), so that they may
      acquire or increase their proprietary interest in the success of the
      Corporation, and to encourage them to remain in the Corporation’s
      service.

    

    2.
      ADMINISTRATION: The Plan will be administered by a committee appointed by the
      Corporation’s Board of Directors (the “Committee”). The Committee will consist
      of not less than two (2) members who will be appointed by, and serve at the
      pleasure of, the Corporation's Board of Directors. The Board of Directors may
      from time to time remove members from, or add members to, the Committee.
      Vacancies on the Committee, however caused, will be filled only by the Board
      of
      Directors. The Committee will select one of its members as Chairman, and will
      hold meetings at such times and places as it may determine. Acts by a majority
      of the Committee in a meeting at which a quorum is present and acts approved
      in
      writing by a majority of the members of the committee will be the valid acts
      of
      the Committee. No member of the Committee will vote on any matter concerning
      his
      or her own participation in the Plan, except that the Board of Directors as
      a
      whole may act on stock grants and options granted to directors. If no Committee
      has been appointed, the entire Board will constitute the Committee.

    

    The
      Committee will be authorized to grant stock and/or options under the Plan to
      such directors, officers, employees of and other persons rendering service
      to
      the Corporation or any parent or subsidiary corporation of the Corporation,
      as
      defined for purposes of Internal Revenue Code Section 422A ("Parent or
      Subsidiary"), at such times and in such amounts as it may decide. 

    

    The
      interpretation and construction by the Committee of any provisions of the Plan
      or of any option granted under it will be final unless otherwise determined
      by
      the Board of Directors. No member of the Committee or Board of Directors will
      be
      liable for any action or determination made in good faith with respect to the
      Plan or any option granted under it. 

    

    3.
      ELIGIBILITY

    

    3.1.
      General: The Participants will include directors, employees, including officers,
      of the Company and its divisions and subsidiaries, and consultants and attorneys
      who provide bona fide services to the Company. Participants are eligible to
      be
      granted warrants, options, restricted common or unrestricted common and other
      awards under this Plan and to have their bonuses and/or consulting fees payable
      in warrants, restricted common, unrestricted common and other awards. A
      Participant who has been granted an option, or warrant hereunder may be granted
      an additional option, warrant options, warrants or preferred stock, if the
      Committee will so determine. 

    

    3.2.
      Termination of Eligibility: Any option granted hereunder will expire if, for
      any
      reason other than his or her death, the optionee (i) ceases to be employed
      by
      the Corporation or a Parent or Subsidiary thereof; (ii) is no longer a member
      of
      the Corporation's Board of Directors; or (iii) no longer performs services
      for
      the Corporation as an independent contractor. The expiration will take effect
      at
      the earliest of the following times: four (4)months from the date of the
      occurrence causing termination of eligibility (twelve (12) months if the
      optionee's eligibility ceases because of his or her disability), or upon the
      date the option expires by its terms. During such four-month period, the option
      may be exercised in accordance with its terms, but only in respect of the number
      of shares for which the right to exercise has accrued on the date of termination
      of employment, or status as a director or independent contractor. The Committee
      will decide whether an authorized leave of absence or absence for military
      or
      governmental service, or absence for any other reason, will constitute
      termination of eligibility for purposes of this Section. This determination
      will
      be subject to review by the Board of Directors. 

    

    3.3.
      Death of Optionee and Transfer of Option: If the optionee dies while eligible
      to
      participate in the Plan, or within four (4) months after the termination of
      his
      or her eligibility, and will not have fully exercised the option, the option
      may
      be exercised at any time within twelve (12) months after the optionee's death
      by
      the optionee's executors or administrators or by any person or persons who
      acquired the option directly from the optionee by bequest or inheritance.
      However, no option will be exercisable after it expires; and options may be
      exercised only to the extent that the optionee's right to exercise the option
      had accrued at the time of his or her death and had not been previously
      exercised. No option will be transferable by the optionee otherwise than by
      will
      or the laws of intestate succession.

    

    4.
      IDENTIFICATION OF STOCK: The stock subject to grant and the options will be
      shares of the Corporation's authorized but unissued or acquired or reacquired
      Common Stock, par value $0.001 (the "Stock"). The aggregate number of shares
      subject to stock grants and options will not exceed 2,500,000 shares of Stock
      (subject to adjustment as provided in Section 5.6). If any option granted
      hereunder will expire or terminate for any reason without having been exercised
      in full, the unpurchased shares subject thereto will again be available for
      purposes of this Plan.

    

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

       

    

    5.
      STOCK
      GRANTS, OPTIONS AND WARRANTS: The Committee will have sole and absolute
      discretionary authority (i) to determine, authorize, and designate those persons
      pursuant to this Plan who are to receive warrants, options, restricted common,
      or unrestricted common stock under the Plan, (ii) to determine the number of
      shares of Common Stock to be covered by such grant or such options or warrants
      and the terms thereof, (iii) to determine the type of Common Stock granted:
      restricted common or convertible preferred stock, unrestricted common stock
      or a
      combination of restricted and unrestricted common stock. The Committee will
      thereupon grant stock, options or warrants in accordance with such
      determinations as evidenced by a written stock grant, option or warrant
      agreement. Subject to the express provisions of the Plan, the Committee will
      have discretionary authority to prescribe, amend and rescind rules and
      regulations relating to the Plan, to interpret the Plan, to prescribe and amend
      the terms of the option or warrant agreements (which need not be identical)
      and
      to make all other determinations deemed necessary or advisable for the
      administration of the Plan. Any stock, option or warrant granted pursuant to
      the
      Plan will comply with and be subject to the following terms and
      conditions:

    

    5.1.
      Number of Shares: Each grant, option or warrant will state the number of shares
      to which it pertains.

    

    5.2.
      Price: Each stock grant, option or warrant will state a price, which will be
      determined at the Committee’s discretion.

    

    5.3.
      Method of Option Exercise: An option will be exercised by written notice to
      the
      Corporation stating the number of shares with respect to which the option is
      being exercised and designating a time for the delivery thereof, which will
      be
      not more than fifteen (15) days after notice is given unless another date was
      mutually agreed upon. At the time specified in the notice, the Corporation
      will
      deliver to the optionee at the Corporation's principal office, or other
      appropriate place the Committee determines, a certificate(s) for such shares
      of
      previously authorized but unissued shares or acquired or reacquired shares
      of
      Stock as the Corporation may elect. Notwithstanding the foregoing, the
      Corporation may postpone delivery of any certificate(s) after notice of exercise
      for any reasonable period required to comply with any applicable listing
      requirements of any national or other securities exchange. In the event an
      option will be exercisable by any person other than the optionee, the required
      notice under this section will be accompanied by appropriate proof of such
      person's right to exercise the option.

    

    5.4.
      Medium and Time Payment: The option price will be payable in full upon the
      exercise of the option by certified or bank cashier's check, the promissory
      note
      of the optionee, or any equivalent form of payment acceptable to the
      Corporation.

    

    5.5.
      Term
      of Option: The term of an option granted hereunder will be determined by the
      Committee at the time of grant, but will not exceed ten (10) years from the
      day
      of the grant. In no event will any option be exercisable after the expiration
      of
      its term.

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

    5.6.
      Adjustments Upon Changes in Capitalization: Subject to any required shareholder
      action, the number of shares of stock covered by each outstanding option and
      the
      price per share in each such option will be proportionately adjusted for any
      increase or decrease in the number of issued shares of Stock of the Corporation
      resulting from: (i) a subdivision or consolidation of shares; (ii) the payment
      of a stock dividend (but only on the Stock); (iii) any other increase or
      decrease in the number of such shares effected without receipt of consideration
      by the Corporation; (iv) or, as to Stock issued other than pursuant to a stock
      option granted to a director, officer, employee or a person rendering services
      as an independent contractor to the Corporation or any Parent or Subsidiary,
      any
      increase or decrease in the number of shares made for per share consideration
      less than the option price of such option. Any fraction of a share subject
      to
      option that would otherwise result from an adjustment pursuant to this
      subparagraph will be rounded downward to the next full number of shares without
      other compensation or consideration to the holder of the option. Subject to
      any
      required shareholder action, if the Corporation will be the surviving
      corporation in any merger or consolidation, each outstanding option will pertain
      and apply to the securities to which a holder of the number of shares of Stock
      subject to the option would have been entitled. The Corporation's Board of
      Directors may grant each optionee the right to exercise his or her option in
      whole or in part immediately prior to the Corporation's dissolution or
      liquidation, or merger or consolidation in which the corporation is not the
      surviving corporation. If the Corporation is consolidated with or merged into
      any other corporation, or if the Corporation sells or transfers all or
      substantially all of its assets, or if any other similar event affecting shares
      of Stock of the Corporation should occur, and if the exercisability of the
      options is not accelerated by the Board of Directors and the acquiring
      Corporation assumes the Corporation's obligations under the options granted
      under this Plan, then each optionee will be entitled thereafter to purchase
      shares of stock and other securities and property in the kind and amount, and
      at
      the price, which the optionee would have been entitled had his or her option
      been exercised prior to such event. The Corporation will make lawful provision
      therefore as part of any such transaction. To the extent that the foregoing
      adjustments relate to stock or securities of the Corporation, they will be
      made
      by the Committee, whose determinations will be final, binding and conclusive.
      The grant of an option pursuant to the Plan will not affect in any way the
      Corporation's right or power to make adjustments, reclassifications,
      reorganizations or changes of its capital or business structure, or to merge
      or
      to consolidate or to dissolve, liquidate or sell, or transfer all or any part
      of
      its business or assets. Whenever the Corporation takes any action resulting
      in
      any adjustment provided for in this Section 5.6, the Corporation will forthwith
      deliver notice of the action to optionee. The notice will set forth the number
      of shares subject to this Option and the purchase price thereof resulting from
      the adjustment. 

    

    5.7.
      Rights as a Shareholder: An optionee or a transferee of an option will have
      no
      rights as a shareholder with respect to any shares underlying his or her option
      until the date the optionee is issued a certificate for such shares. No
      adjustment will be made for dividends (ordinary or extraordinary, whether in
      cash, securities or other property) or distributions or other rights for which
      the record date is prior to the date such stock certificate is issued, except
      as
      provided in Section 5.6 above. 

    

    5.8.
      Modification, Extension and Renewal of Options: Subject to the terms and
      conditions and within the limitations of the Plan, the Committee may modify,
      extend or renew outstanding options granted under the Plan, or accept the
      surrender of outstanding options (to the extent not theretofore exercised)
      and
      authorize the granting of new options in substitution therefore (to the extent
      not theretofore exercised). 

    

    5.9.
      Other Provisions: The option agreements authorized under the Plan will contain
      such other provisions, including without limitation, restrictions upon the
      exercise of the option, as the Committee and the Board of Directors of the
      Corporation will deem advisable. Thus, for example, the Committee and the Board
      of Directors may require that all or any portion of an option granted hereunder
      not be exercisable until a specified period of time has passed or some other
      event has occurred.

    

    6.
      TERM
      OF PLAN: Options may be granted pursuant to the Plan from time to time within
      a
      period of ten (10) years from the date the Plan is adopted by the Corporation's
      Board of Directors or is approved by the Corporation's shareholders, whichever
      occurs earlier. Termination of the Plan will not affect any option previously
      granted. 

    

    7.
      AMENDMENT OF THE PLAN: To the extent permitted by law and subject to any
      required approval by the Corporation's shareholders, the Board of Directors
      may
      suspend or discontinue the Plan or revise or amend it in any way with respect
      to
      any shares not subject to options at that time.

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

    

    8.
      APPLICATION OF FUNDS: The proceeds received by the Corporation from the sale
      of
      Stock pursuant to options may be used for general corporate purposes.

    

    9.
      NO
      OBLIGATION TO EXERCISE OPTION: The granting of an option will impose no
      obligation upon the optionee to exercise such option.

    

    10.
      SECURITIES LAWS COMPLIANCE: Notwithstanding anything contained herein, the
      Corporation will not be obligated to grant any option under this Plan, or to
      sell or issue any share pursuant to any option agreement executed pursuant
      to
      the Plan, unless the grant or sale is effectively registered or exempt from
      registration under the Securities Act of 1933, as amended.

     

           
      11. SECTION
      16(B) OF THE EXCHANGE ACT. All elections and transactions under this Plan by
      persons subject to Section 16 of the Exchange Act involving shares of Common
      Stock are intended to comply with any applicable exemptive condition under
      Rule
      16b-3. The Committee may establish and adopt written administrative guidelines,
      designed to facilitate compliance with Section 16(b) of the Exchange Act, as
      it
      may deem necessary or proper for the administration and operation of this Plan
      and the transaction of business thereunder. In the event that an affiliate
      of
      the company acquires shares of common stock under this Plan, the affiliate
      will
      be subject to section 16(b) of the Exchange Act. To the extent that a Rule
      16b-3
      exemptive provision is unavailable and in the event that any affiliate acquiring
      shares hereunder has sold or sells any shares of common stock in the six months
      preceding or following the receipt of shares hereunder, any so called "profit",
      as computed under Section 16(b) of the Exchange Act, would be recognized as
      valid consideration for the "purchase" of shares in connection with the "profit"
      computation under Section 16(b) of the Exchange Act. In this case, the Company
      has agreed, that for the purpose of any "profit" computation under 16(b), the
      price paid for the common stock issued to affiliates is equal to the value
      of
      services rendered. Shares of common stock acquired hereunder by persons other
      than affiliates are not subject to section 16(b) of the Exchange
      Act.

    

    As
      adopted by the Board of Directors on June 30 , 2006.

    

    AIDA
      PHARMACEUTICALS, INC.

    a
      Nevada
      corporation

    

    

    

    

    /s/
      Jin
      Biao

     

    By:
      Jin
      Biao

      
      CEO & Chairman

    

    
      4Exhibit 10.2 Consulting Agreement, Zheng Zhigang

    Exhibit
      10.2

    

    CONSULTING
      AGREEMENT

     

        This
      consulting agreement
      (this
“Agreement”) is made the 5th
      day
      of  June,
      2006,
      by and between AIDA
      Pharmaceuticals,Inc.,
      (the
“Company”), and Mr.
      Zheng Zhigang
      (the
“Consultant”).

    

    RECITALS

     

        WHEREAS,
      the
      Company wishes to engage the Consultant with respect to certain aspects of
      its
      business;

     

        WHEREAS,
      the
      Consultant is willing to make available to the Company the consulting services
      provided for in the Agreement as set forth below;

    

    AGREEMENT

     

        NOW,
      THEREFORE,
      in
      consideration of the premises and the respective covenants and agreements of
      the
      parties herein contained, the parties hereto agree as follows:

     

        1. TERM

    

    The
      term
      of this Agreement shall commence on the date hereof and end on June
      5, 2008.

        

        2. CONSULTING
      SERVICES

     

    
      	 	(a)  	
              Consulting
                services.
                Assist the Company to make long range business plans, review and
                analysis
                of potential markets and evaluate the feasibility of setting up Hongkong
                offices. The Consulting Services will be performed with specific
                regard to
                the following:

            

    

     

    
      	1.  	
              Long
                range corporate planning and business development, including but
                not
                limited to the development of corporate strategy,  
                market direction and implantation of business
                plans;

            

    

     

    
      	2.  	
              Gather
                of data and information on the technical aspects and the bio technologies
                of different markets, review and analysis of potential markets and
                customers in such markets;

            

    

     

    
      	3. 	Assist the Company to evaluate the feasibility of
              setting
              up an office in HK, design and implement operation strategies for HK
              office, do the preparatory work for the company when setting up the
              HK
              office.

    

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

    
      	 	
              (b)

            	
              Compensation.
                In
                consideration of the consulting services set forth in paragraph 2
                (a), and
                subject to the terms and conditions set forth herein the Company
                hereby
                agrees to issue to Consultant _700,000
                shares
                of the Company’s Common Stock (the “Shares”) and registered such shares at
                the time of initial issuance, or immediately thereafter, on Form
                S-8 under
                the Securities Act of 1933.

            

    

    
      	 	 	 

    

    
      	 	(c)	
              Issuance.
                Issuance and delivery of the Shares shall be made at the offices
                of _the
                company,
                on or before June
                10,2006 .
                On the Closing Dates, the Company shall deliver to the
                Consultant:

            

    

                  

    
      
        	 	 	(i )	the certificate or certificates evidencing
                the Shares to be issued
                to the Consultant and the respective dates, registered in the
                name of the Consultant; and 
	 	 	(ii)	evidence that the Shares have been
                registered
                on Form S-8
                to be filed upon issuance of the Shares to the Consultant, registering
                for resale thereof.

      
             

    
      	 	
              (d)

            	
              Expenses.
                During the term of the Consultant’s engagement hereunder, The Consultant
                shall be entitled to receive prompt reimbursement for all reasonable
                expenses incurred by the Consultant in performing services hereunder,
                including all travel and living expenses while away from home on
                business
                at the request of and in the service of the Company, provided that
                such
                expenses are incurred and accounted for in accordance with the policies
                and procedures established by the Company, and that any expenses
                in excess
                of $500.00 have been pre-approved in writing by the
                Company.

            

    

    

        3. CONFIDENTIAL
      INFORMATION

     

    
      	
            	
              (a)

            	Confidential Information.
              In
              connection with the providing of Consulting Services hereunder, the
              Company may provide the Consultant with information concerning the
              Company
              which the Company deems confidential (the “Confidential Information”). The
              Consultant understands and agrees that any Confidential Information
              disclosed pursuant to this Agreement is secret, proprietary and of
              great
              value to the Company, which value may be impaired if the secrecy of
              such
              information is not maintained. The Consultant further agrees that he
              will
              take reasonable security measures to preserve and protect the secrecy
              of
              such Confidential Information, and to hold such information in confidence
              and not to disclose such information, either directly or indirectly
              to any
              person or entity during the term of this agreement or any time following
              the expiration or termination hereof; provided, however, that the
              Consultant may disclose the Confidential Information to an assistant
              to
              whom disclosure is necessary for the providing of services under this
              agreement.

    

     

    
      	
            	
              (b)

            	
              Exclusions.
                For purposes of this paragraph 3, the term Confidential Information
                shall
                not include Information which (i) becomes generally available to
                the
                public other than as a result of a disclosure by the Consultant or
                his
                assistants, agents or advisors, or (ii) becomes available on a
                non-confidential basis to the Consultant from a source other than
                the
                Company or it’s advisors, provided that such source is not known to the
                Consultant to be bound by a Confidentiality agreement with or other
                obligation of secrecy to the Company or another
                party.

            

      	 	 	 

      	 	(c)	Government Order.
              Notwithstanding anything to the contrary in this Agreement, the Consultant
              shall not be precluded from disclosing any of the Confidential Information
              pursuant to a valid order of any governmental or regulatory authority,
              or
              pursuant to the order of any court or
              arbitrator.

      	 	 	 

      	 	(d)	Injunctive
              Relief.
              The Consultant agrees that, since a violation of this paragraph 3 would
              cause irreparable injury to the Company, and that there may not be
              an
              adequate remedy at law for such violation, the Company shall have the
              right in addition to any other remedies available at law or in equity,
              to
              enjoin the Consultant in a court of equity for violating the provisions
              of
              this paragraph 3.

    

     

        4.
       REPRESENTATION
      AND WARRANTIES OF THE COMPANY.

     

        The
      Company
      hereby represents and warrants to the Consultant that as of the date hereof
      and
      as of the Closing Date (after giving effect to the transactions contemplated
      hereby):

     

    
      	
            	
              (a)

            	Existence and Authority.
              The Company is a corporation duly organized and validly existing in
              good
              standing under the laws of its jurisdiction of incorporation and has
              full
              power and authority to own its respective property, carry on its
              respective business as no being conducted, and enter into and perform
              its
              obligations under this Agreement and to issue and deliver the Shares
              to be
              issued by it hereunder. The Company is duly qualified as a jurisdiction
              in
              which it is necessary to be so qualified to transact business as currently
              conducted. This Agreement, has been duly authorized by all necessary
              corporate action, executed, and delivered by the Company, and constitutes
              the legal, valid and binding obligation of the Company, enforceable
              against the Company in accordance with its terms subject to applicable
              bankruptcy, insolvency, reorganization, moratorium or other similar
              laws
              relating to or affecting the rights of creditors generally and to general
              principals of equity.

      	 	 	 

      	 	(b)	Authorization
              and Validity of Shares.
              The Shares have been duly authorized and are validly issued and
              outstanding, fully paid and nonassessable and free of any preemptive
              rights. The Shares are not subject to any lien, pledge, security interest
              or other encumbrance.

    

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    
      	
            	
              (c)

            	 Authorization
              of Agreement.
              The Company has taken all actions and obtained all consents or approvals
              necessary to authorize it to enter into this
              Agreement.

      	 	 	 

      	 	(d)	No
              Violation.
              Neither the execution or delivery of this Agreement, the issuance or
              delivery of Shares, the performance by the Company of its obligations
              under this Agreement, nor the consummation of the transactions
              contemplated hereby will conflict with, violate, constitute a breach
              of or
              a default (with the passage of time or otherwise) under, require the
              consent or approval of or filing with any person (other than consents
              and
              approvals which have been obtained and filings which have been made)
              under, or result in the imposition of a lien on or securities interest
              in
              any properties or assets of the Company, pursuant to the charter or
              bylaws
              of the Company, any award of any arbitrator or any agreement (including
              any agreement with stockholders), instruments, order, judgment, decree,
              statute, law, rule or regulation to which the Company is party or to
              which
              any such person or any of their respective properties or assets is
              subject.

      	 	 	 

      	 	(e)	Registration.
              The Shares have been, or will be upon the filing of an S-8 Registration
              Statement, registered pursuant to the Securities Act of 1933, as amended,
              and all applicable state laws.

    

    

        5. FILINGS

     

        The
      Company
      shall furnish to the Consultant, promptly after the sending or filing thereof,
      copies of all reports which the Company sends to its equity security holders
      generally, and copies of all reports and registration statements which the
      Company files with the Securities and Exchange Commission (the “Commission”),
      any other securities exchange or the national Association of Securities Dealers,
      Inc. (“NASD”)

    

        6. SUPPLYING
      INFORMATION

     

        The
      Company
      shall cooperate with the Consultant in supplying such publicity available
      information as may be reasonably necessary for the Consultant to complete and
      file any information reporting forms.

     

        7. INDEMNIFICATION

     

    
      	
            	
              (a)

            	The Company shall indemnify the Consultant from
              and
              against any and all expenses (including attorneys’ fees), judgments,
              fines, claims, causes of action, liabilities and other amounts paid
              (whether in settlement or otherwise actually and reasonably incurred)
              by
              the Consultant in connection with such action, suit or proceeding if
              (i)
              the Consultant was made a party to any action, suit or proceeding by
              reason of the fact that the Consultant rendered advice or services
              pursuant to this Agreement, and (ii) the Consultant acted in good faith
              and in a manner reasonably believed by the Consultant to be in or not
              opposed to the interests of the Company, and, with respect to any criminal
              action or proceeding, had no reasonable cause o believe his conduct
              was
              unlawful. The termination of any action, suit or proceeding by judgment,
              order, settlement, conviction, or upon a plea of nolo
              contendere or
              its equivalent, shall not, of itself, create a presumption that the
              Consultant did not act in good faith in or not opposed to the best
              interests of the Company, and, with respect to any criminal action
              or
              proceeding, had reasonable cause to believe that his conduct was unlawful.
              Notwithstanding the forgoing, the Company shall not indemnify the
              Consultant with respect to any claim, issue or matter as to which the
              consultant shall have been adjudged to be liable for gross negligence
              or
              willful misconduct in the performance of her duties pursuant to this
              Agreement unless and only to the extent that the court in which such
              action or suit was brought shall determine upon application that, despite
              the adjunction of liability, but in view of all the circumstances of
              the
              case, the Consultant is fairly and reasonably entitled to indemnity
              for
              such expenses which such court shall deem
              proper.

      	 	 	 

      	 	(b)	The Consultant shall indemnify the Company from
              and
              against any and all expenses (including attorneys’ fees), judgments,
              fines, claims, causes of action, liabilities and other amounts paid
              (whether in settlement or otherwise actually and reasonably incurred)
              by
              the Company in connection with such action, suit or proceeding if (i)
              the
              Company was made a party to any action, suit or proceeding by reason
              of
              the fact that the Consultant rendered advice or services pursuant to
              this
              Agreement, and (ii) the Consultant did not act in good faith and in
              a
              manner reasonably believed by the Consultant to be in or not opposed
              to
              the interests of the Company, and with respect to any criminal action
              or
              proceeding, did not reasonably believe his conduct was lawful.
              Notwithstanding the foregoing, the Consultant shall not indemnify the
              Company with respect to any claim, issue or matter as to which the
              Company
              shall have been adjudged to be liable for gross negligence or willful
              misconduct in connection with the performance of the Consultant’s duties
              pursuant to this Agreement unless and only to the extent that the court
              in
              which such action or suit was brought shall determine upon application
              that, despite the adjunction of liability, but in view of all
              circumstances of the case, the Company is fairly and reasonably entitled
              to indemnify for such expenses which such court shall deem
              proper.

    

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

        8. INDEPENDENT
      CONTRACTOR STATUS.

     

        It
      is
      expressly understood and agreed that this is a consulting agreement only and
      does not constitute an employer-employee relationship. Accordingly, the
      Consultant agrees that the consultant shall be solely responsible for payment
      of
      his own taxes or sums due to the federal, state, or local governments, overhead,
      workmen’s compensation, fringe benefits, pension contributions and other
      expenses. It is further understood and agreed that the Consultant is an
      independent contractor and the company shall have no right to control the
      activities of the Consultant other than during the express period of time in
      which the Consultant is performing services hereunder, and that such services
      provided hereunder and not because of any presumed employer-employee
      relationship. The Consultant shall have no authority to bind the
      company.

     

        The
      parties
      further acknowledge that the Consultant’s services hereunder are not exclusive,
      but that the Consultant shall be performing services and undertaking other
      responsibilities, for and with other entities or persons, which may directly
      or
      indirectly compete with the Company. Accordingly, the services of the Consultant
      hereunder are on a part time basis only, and the Company shall have no
      discretion, control of, or interest in, the Consultant’s services which are not
      covered by the terms of the Agreement. The Company hereby waives any conflict
      of
      interest which now exists or may hereafter arise with respect to Consultant’s
      current employment and future employment.

    

        9. NOTICE

     

        All
      notices
      provided by this Agreement shall be in writing and shall be given by facsimile
      transmission, overnight courier, by registered mail or by personal delivery,
      by
      one party to the other, addressed to such other party at the applicable address
      set forth below, or to such other address as may be given for such purpose
      by
      such other party by notice duly given hereunder. Notice shall be deemed properly
      given on the date of the delivery.

     

    To
      Consultant:  

     

    To
      the
Company:  

    

        10. MISCELLANEOUS

     

    
      	
            	
              (a)

            	Waiver.
              Any term or provision of this Agreement may be waived at any time by
              the
              party entitled to the benefit thereof by a written instrument duly
              executed by such party.

    

    

    
      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

    

    

    
      	
            	
              (b)

            	Entire Agreement.
              This Agreement contains the entire understanding between the parties
              hereto with respect to the transactions contemplated hereby, and may
              not
              be amended, modified, or altered except by an instrument in writing
              signed
              by the party against whom such amendment, modification, or alteration
              is
              sought to be enforced. This Agreement supersedes and replaces all other
              agreements between the parties with respect to any services to be
              performed by the Consultant of behalf of the
              Company.

    

    
      	 	 	 

    

    
      	 	(c)	Governing Law.
              This Agreement shall be construed and interpreted in accordance with
              the
              laws of the Sate of Florida.

    

    
      	 	 	 

    

    
      	 	(d)	Binding Effect.
              This Agreement shall bind and inure to the benefit of the parties hereto
              and their respective heirs, executors, administrators, successors and
              assigns.

    

    
      	 	 	 

    

    
      	 	(e)	Construction.
              The captions and headings contained herein are inserted for convenient
              reference only, are not a part hereof and the same shall not limit
              or
              construe the provisions to which they apply. References in this agreement
              to “paragraphs” are to the paragraphs in this Agreement, unless otherwise
              noted.

    

    
      	 	 	 

    

    
      	 	(f)	Expenses.
              Each party shall pay and be responsible for the cost and expenses,
              including, without limitations, attorneys’ fees, incurred by such party in
              connection with negotiation, preparation and execution of this Agreement
              and the transactions contemplated
              hereby.

    

    
      	 	 	 

    

    
      	 	(g)	Assignment.
              No
              party hereto may assign any of its rights or delegate any of its
              obligations under this Agreement without the express written consent
              of
              the other party hereto.

    

    
      	 	 	 

    

    
      	 	(h)	No Rights to Others.
              Nothing herein contained or implied is intended or shall be construed
              to
              confer upon or give to any person, firm or corporation, other than
              the
              parties hereto.

    

    
      	 	 	 

    

    
      	 	(i)	Counterparts.
              This Agreement may be executed simultaneously in two counterparts,
              each of
              which shall be deemed an original, but both of which together shall
              constitute on and the same agreement, binding upon both parties
              hereto, notwithstanding that both parties are not signatories to the
              original or the same counterpart.

    

     

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF,
      the
      parties have executed this Agreement on the date and year first above
      written.

    

    

    THE
      “COMPANY”

    By:
       _______________________

    ITS: 
      authorized Director________

    

    THE
      “CONSULTANT”

    By: ________________________

    ITS: ________________________

     

    
 

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    

    Exhibit:
      

     

    
      	Time Table
              of Consulting
              Services By Mr. Zheng Zhigang
	 	 
	Period	Services
              to be performed
	June to Dec 2006 	Long range corporate planning and business
              development,
              including
                but not limited to the development of corporate strategy,
                market

              direction
                and implantation of business plans;

            
	 	 
	Jan to June 2007	Gather of data and information on the
              technical aspects and the bio technologies of different markets, review
              and analysis of potential markets and customers in such markets;
              
	 	 
	July 2007 to June 2008
	
              Assist
                the Company to evaluate the feasibility of setting up an office in
                HK,

              design
                and implement operation strategies for HK office, do the
                preparatory

              work  for the
                company when setting up the HK
                office.

            

    

     

    7

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