Document:

Macatawa Bank Corp Exhibit 10.1 to Form 8-K - 02/24/10

EXHIBIT 10.1

FEDERAL DEPOSIT INSURANCE CORPORATION

WASHINGTON, D.C.

AND

STATE OF MICHIGAN

OFFICE OF FINANCIAL AND INSURANCE REGULATION

	
 

	
 
	 
	 	
)
	 
	
In the Matter of
	
)
	 
	 	
)
	 
	 	
)
	
CONSENT ORDER

	
MACATAWA BANK
	
)
	 
	
HOLLAND, MICHIGAN
	
)
	
FDIC-09-705b

	 	
)
	 
	 	
)
	 
	
(MICHIGAN CHARTERED
	
)
	 
	
INSURED NONMEMBER BANK)
	
)
	 
	
 

	
)
	 

          Macatawa Bank, Holland, Michigan ("Bank"), having been advised of its right to a NOTICE OF CHARGES AND OF HEARING detailing the unsafe or unsound banking practices alleged to have been committed by the Bank, and of its right to a hearing on the charges under section 8(b) of the Federal Deposit Insurance Act ("Act"), 12 U.S.C. § 1818(b), and under section 2304 of the Banking Code of 1999, Mich. Comp. Laws §487.12304, regarding hearings before the Office of Financial and Insurance Regulation for the State of Michigan ("OFIR"), and having waived those rights, entered into a STIPULATION AND CONSENT TO THE ISSUANCE OF A CONSENT ORDER  ("STIPULATION") with representatives of  the Federal Deposit Insurance Corporation

("FDIC") and the OFIR February 22, 2010, whereby, solely for the purpose of this proceeding and without admitting or denying the charges of unsafe or unsound banking practices relating to capital, asset quality, management, and earnings, the Bank consented to the issuance of a CONSENT ORDER ("ORDER") by the FDIC and the OFIR.  The FDIC and the OFIR considered the matter and determined to accept the STIPULATION.

          Having also determined that the requirements for issuance of an order under 12 U.S.C.  §1818(b) and section 2304 of the Banking Code of 1999, Mich. Comp. Laws §487.12304, have been satisfied, the FDIC and the OFIR HEREBY ORDER that the Bank, its institution-affiliated parties, as that term is defined in section 3(u) of the Act, 12 U.S.C. § 1813(u), and its successors and assigns, take affirmative action as follows

MANAGEMENT

          1.          (a)          Within sixty (60) days from the effective date of this ORDER, the Bank shall have and retain qualified management. Management shall be provided the necessary written authority to implement the provisions of this ORDER.  The qualifications of management shall be assessed on its ability to:

	 	
(i)
	
Comply with the requirements of this ORDER;

	 	 	 
	 	
(ii)
	
Operate the Bank in a safe and sound manner;

	 	 	 
	 	
(iii)
	
Comply with applicable laws, rules, and regulations; and

	 	 	 

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(iv)
	
Restore all aspects of the Bank to a safe and sound condition, including capital adequacy, asset quality, management effectiveness, earnings, liquidity, and sensitivity to interest rate risk.

BOARD PARTICIPATION

          2.          (a)          As of the effective date of this ORDER, the board of directors shall increase its participation in the affairs of the Bank, assuming full responsibility for the approval of sound policies and objectives and for the supervision of all of the Bank's activities, consistent with the role and expertise commonly expected for directors of Banks of comparable size.  This participation shall include meetings to be held no less frequently than monthly at which, at a minimum, the following areas shall be reviewed and approved: reports of income and expenses; new, overdue, renewal, insider, charged off, and recovered loans; investment activity; adoption or modification of operating policies; individual committee reports; audit reports; internal control reviews including management responses; and compliance with this ORDER.  Board minutes shall document these reviews and approvals, including the names of any dissenting directors.

CAPITAL

          3.          (a)          Within ninety (90) days from the effective date

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of this ORDER, the Bank shall have and maintain its level of Tier 1 capital as a percentage of its total assets ("capital ratio") at a minimum of eight percent (8%) and its level of qualifying total capital as a percentage of risk-weighted assets ("total risk based capital ratio") at a minimum of eleven percent (11%). For purposes of this ORDER, Tier 1 capital, qualifying total capital, total assets, and risk-weighted assets shall be calculated in accordance with Part 325 of the FDIC Rules and Regulations ("Part 325"), 12 C.F.R. Part 325.

                    (b)          If, while this ORDER is in effect, the Bank increases capital by the sale of new securities, the board of directors of the Bank shall adopt and implement a plan for the sale of such additional securities, including the voting of any shares owned or proxies held by or controlled by them in favor of said plan.  Should the implementation of the plan involve public distribution of Bank securities, including a distribution limited only to the Bank's existing shareholders, the Bank shall prepare detailed offering materials fully describing the securities being offered, including an accurate description of the financial condition of the Bank and the circumstances giving rise to the offering, and other material disclosures necessary to comply with Federal securities laws.  Prior to the implementation of the plan and, in any event, not less than 20 days prior to the dissemination of such materials, the materials

4

used in the sale of the securities shall be submitted to the FDIC Registration and Disclosure Section, 550 17th Street, N.W., Washington, D.C. 20429, and to the Commissioner, Office of Financial and Insurance Regulation for the State of Michigan, 611 Ottawa Street, Lansing, Michigan 48933, for their review.  Any changes requested to be made in the materials by the FDIC or the OFIR shall be made prior to their dissemination.

                    (c)          In complying with the provisions of this paragraph, the Bank shall provide to any subscriber and/or purchaser of Bank securities written notice of any planned or existing development or other changes which are materially different from the information reflected in any offering materials used in connection with the sale of Bank securities.  The written notice required by this paragraph shall be furnished within ten (10) calendar days of the date any material development or change was planned or occurred, whichever is earlier, and shall be furnished to every purchaser and/or subscriber of the Bank's original offering materials.

LOSS CHARGE-OFF

          4.          Within ten (10) days of the effective date of this Order the Bank shall charge off from its books and records all assets or portions of assets classified "Loss" in the FDIC Report of Examination dated August 24, 2009 ("ROE") that have not been previously collected or charged off.

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PROHIBITION OF ADDITIONAL LOANS TO CLASSIFIED BORROWERS

          5.          (a)          As of the effective date of this ORDER, the Bank shall not extend, directly or indirectly, any additional credit to, or for the benefit of, any borrower who is already obligated in any manner to the Bank on any extensions of credit (including any portion thereof) that has been charged off the books of the Bank or classified "Loss" in the ROE, so long as such credit remains uncollected.

                    (b)          As of the effective date of this ORDER, the Bank shall not extend, directly or indirectly, any additional credit to, or for the benefit of, any borrower whose loan or other credit has been classified "Substandard", "Doubtful", or is listed for Special Mention in the ROE, and is uncollected unless the Bank's board of directors has adopted, prior to such extension of credit, a detailed written statement giving the reasons why such extension of credit is in the best interest of the Bank.  A copy of the statement shall be signed by each Director, and incorporated in the minutes of the applicable board of directors' meeting.  A copy of the statement shall be placed in the appropriate loan file.

REDUCTION OF DELINQUENCIES AND CLASSIFIED ASSETS

          6.          (a)          Within sixty (60) days from the effective date of this ORDER, the Bank shall adopt, implement, and adhere to, a written plan to reduce the Bank's risk position in each asset in

6

excess of $1,000,000 which is more than sixty (60) days delinquent or classified "Substandard" or "Doubtful" in the ROE. The plan shall include, but not be limited to, provisions which: 

	 	
(i)
	
Prohibit an extension of credit for the payment of interest, unless the Board provides, in writing, a detailed explanation of why the extension is in the best interest of the Bank;

	 	 	 
	 	
(ii)
	
Provide for review of the current financial condition of each delinquent or classified borrower, including a review of borrower cash flow and collateral value;

	 	 	 
	 	
(iii)
	
Delineate areas of responsibility for loan officers;

	 	 	 
	 	
(iv)
	
Establish dollar levels to which the Bank shall reduce delinquencies and classified assets within 6 and 12 months from the effective date of this ORDER; and

	 	 	 
	 	
(v)
	
Provide for the submission of monthly written progress reports to the Bank's board of directors for review and notation in minutes of the meetings of the board of directors.

                    (b)          As used in this paragraph, "reduce" means to: (1)

7

collect; (2) charge off; (3) sell; or (4) improve the quality of such assets so as to warrant removal of any adverse classification by the FDIC and the OFIR. 

                    (c)          A copy of the plan required by this paragraph shall be submitted to the Regional Director of the FDIC's Chicago Regional Office ("Regional Director") and the OFIR.

                    (d)          While this ORDER remains in effect, the plan shall be revised to include assets which become more than sixty (60) days delinquent after the effective date of this ORDER or are adversely classified at any subsequent examinations.

LENDING AND COLLECTION POLICIES

          7.          (a)          Within sixty (60) days from the effective date of this ORDER, the Bank shall revise, adopt, and implement written lending and collection policies to provide effective guidance and control over the Bank's lending function, which policies shall include specific guidelines for placing loans on a non-accrual basis.  In addition, the Bank shall obtain adequate and current documentation for all loans in the Bank's loan portfolio.

                    (b)          The revisions to the Bank's loan policy and practices, required by this paragraph, at a minimum, shall incorporate the items discussed in the ROE.

                    (c)          Copies of the policies and revisions thereto required by this paragraph shall be submitted to the Regional

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Director and the Chief Deputy Commissioner for OFIR ("Chief Deputy Commissioner").

LOAN REVIEW AND GRADING SYSTEM

          8.          Within sixty (60) days for the date of this ORDER, the Bank shall implement revised comprehensive loan grading and review procedures.  The procedures shall require such loan grading and review will be performed by a qualified individual who is not a member of the lending staff.  The loan review shall at a minimum:

                    (a) Require periodic confirmation of the accuracy and completeness of the watch list and all risk grades assigned by the Bank's loan officers;

                    (b) Identify loans or relationships that warrant special attention of management;

                    (c) Identify violations of law, rules, or regulations and credit and collateral documentation exceptions and track corrective measures;

                    (d) Identify and review of the banks methodology for calculating the ALLL and its adequacy based upon the assigned factor values and impaired credits as outlined under FAS 5 and 114 guidelines; and

                    (e) Identify loans not in conformance with the Bank's loan policy.

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DIVIDEND RESTRICTION

          9.          As of the effective date of this ORDER, the Bank shall not declare or pay any cash dividend without the prior written consent of the Regional Director and the Chief Deputy Commissioner.

ALLOWANCE FOR LOAN AND LEASE LOSSES

          10.          (a)          Upon the effective date of this ORDER, and prior to the submission of all Reports of Condition and Income required by the FDIC, the board of directors of the Bank shall review the adequacy of the Bank's ALLL, provide for an adequate ALLL, and accurately report the same. The minutes of the board meeting at which such review is undertaken shall indicate the findings of the review, the amount of increase in the ALLL recommended, if any, and the basis for determination of the amount of ALLL provided.  In making these determinations, the board of directors shall consider the FFIEC Instructions for the Reports of Condition and Income and any analysis of the Bank's ALLL provided by the FDIC or the OFIR.

                    (b)          ALLL entries required by this paragraph shall be made prior to any capital determinations required by this ORDER.

PROFIT PLAN AND BUDGET

          11.          (a)          Within sixty (60) days from the effective date of this ORDER, the Bank shall adopt, implement, and adhere to a written profit plan and a realistic, comprehensive budget for

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all categories of income and expense for calendar year 2010.  The plans required by this paragraph shall contain formal goals and strategies, consistent with sound banking practices, to reduce discretionary expenses and to improve the Bank's overall earnings, and shall contain a description of the operating assumptions that form the basis for major projected income and expense components, and identify the major areas in, and means by which, earnings will be improved. 

                    (c)          Within thirty (30) days from the end of each calendar quarter following completion of the profit plans and budgets required by this paragraph, the Bank's board of directors shall evaluate the Bank's actual performance in relation to the plan and budget, record the results of the evaluation, and note any actions taken by the Bank in the minutes of the board of directors' meeting at which such evaluation is undertaken.

                    (d)          A written profit plan and budget shall be prepared for each calendar year for which this ORDER is in effect.

                    (e)          Copies of the plans and budgets required by this paragraph shall be submitted to the Regional Director and the Chief Deputy Commissioner and shall be acceptable to them as determined at subsequent examinations or visitations.

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CONCENTRATIONS OF CREDIT

          12.          Within sixty (60) days from the effective date of this ORDER, the Bank shall formulate adopt and implement a written plan to manage each of the concentrations of credit identified on pages of the ROE in a safe and sound manner.  At a minimum the plan must provide for written procedures for the ongoing measurement and monitoring of the concentrations of credit, and a limit on concentrations commensurate with the Bank's capital position, safe and sound banking practices, and the overall risk profile of the Bank.

NOTIFICATION TO SHAREHOLDER

          13.          Following the effective date of this ORDER, the Bank shall send to its shareholder a copy of this ORDER: (1) in conjunction with the Bank's next shareholder communication; or (2) in conjunction with its notice or proxy statement preceding the Bank's next shareholder meeting.

COMPLIANCE WITH ORDER

          14.          (a)  Within  fifteen (15)  days from the effective date of this ORDER, the Bank's board of directors shall develop, adopt, and implement a program that will provide for monitoring of the Bank's compliance with this ORDER.

                    (b)          Following the required date of compliance with subparagraph (a) above, the Bank's board of directors shall review the Bank's compliance with this ORDER and record its

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review in the minutes of each regularly scheduled monthly board of directors' meeting.

PROGRESS REPORTS

          15.            Within thirty (30) days from the end of each calendar quarter following the effective date of this ORDER, the Bank shall furnish to the Regional Director and the Chief Deputy Commissioner written progress reports signed by each member of the Bank's board of directors, detailing the actions taken to secure compliance with the ORDER and the results thereof.

          The effective date of this ORDER shall be the date of issuance by the FDIC and the OFIR.

          The provisions of this ORDER shall be binding upon the Bank, its institution-affiliated parties, and any successors and assigns thereof.

          The provisions of this ORDER shall remain effective and enforceable except to the extent that, and until such time as, any provision has been modified, terminated, suspended, or set aside by the FDIC and the OFIR.

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Pursuant to delegated authority.

Dated: 

	
/s/ M. Anthony Lowe

	 	
/s/ Stephen R. Hilker

	 
	
M. Anthony Lowe

Regional Director

Chicago Regional Office

Federal Deposit Insurance

  Corporation
	 	
Stephen R. Hilker

Chief Deputy Commissioner

Office of Financial and

Insurance Regulation

State of Michigan
	 

14ex10-1.htm

    EXHIBIT
10.1

      MASTER
PURCHASE AND SUPPLY AGREEMENT

       

      This MASTER
PURCHASE AND SUPPLY AGREEMENT (“Agreement”)
is made as of October 31, 2009, between and among The Hong Kong Winalite Group
Limited, a Hong Kong company (“Winalite”);
and Shen Zhen Xian Sheng Science and Technology Development Co., Ltd., a company
organized and existing under the laws of the People’s Republic of China (“Manufacturer”).
Each of the foregoing is referred to as a “Party” and
together as the “Parties”.
Capitalized terms not otherwise defined have the meanings assigned to them in
Exhibit A to
this Agreement.

      

      RECITALS

       

      
        	
                A.

              	
                Manufacturer
      holds the rights to certain patented technology used in the manufacture of
      the products identified on Exhibit B
      (the “Products”).

              
	 	 
	
                B.

              	
                Winalite
      has been organized to centralize and coordinate the marketing, sale and
      distribution of branded products, including those previously manufactured
      and/or distributed by third parties using the name “Winalite;”
      accordingly, the ownership and rights to that name and brand are also
      being consolidated within Winalite.

              
	 	 
	
                C.

              	
                Winalite
      desires to purchase Products from Manufacturer, and Manufacturer desires
      to sell Products to Winalite for resale and distribution worldwide,
      pursuant to the terms and conditions set forth in this
      Agreement.

              

      

       

      NOW, THEREFORE,
in consideration of the mutual promises and covenants contained herein, and for
other good and valuable consideration, the receipt and sufficiency of which are
acknowledged by the Parties, the Parties agree as follows:

       

      AGREEMENT

       

      
        	
                1.

              	
                Purchase
      Orders.

              
	 	 	 
	 
      	
                (a)

              	
                Winalite
      will order Products from Manufacturer on Winalite’s standard purchase
      order form (each, a “Purchase
      Order”).  Each Purchase Order will be deemed accepted by
      Manufacturer unless specifically rejected in writing by Manufacturer
      within five (5) days of the date of the Purchase Order.

              
	 	 	 
	 
      	
                (b)

              	
                Each
      Purchase Order delivered to Manufacturer under this Agreement will be
      deemed a part of and/or incorporated into this Agreement, provided, however, that
      the only binding terms of

                 

              

      

      
        
           

        

        
          1

          
            

          

        

        
           

        

      

      

       

      
        	 
      	 
      	 
      
	 
      	 
      	
                such
      Purchase Order will be the specific terms identifying the Products
      ordered, the quantity, delivery schedule, delivery method, destination and
      FOB/CIF designation. The Parties expressly agree that all other provisions
      of Buyer’s Purchase Orders or Manufacturer’s order acknowledgement are
      void, it being the express intent of the Parties that this Agreement
      governs the general terms of sale.

              
	 	 	 
	 
      	
                (c)

              	
                All
      Purchase Orders will be delivered to Manufacturer by facsimile, e-mail or
      international courier.

              
	 	 	 
	 
      	
                (d)

              	
                The form
      and content of the Purchase Orders, including any terms and conditions
      appearing on or attached to the Purchase Orders, will be determined in the
      sole discretion of Winalite; provided, however, that
      Manufacturer will have five (5) days from receipt of any Purchase Order to
      object in writing to any change to the commercial terms thereof, as
      compared to the immediately preceding Purchase Order accepted or deemed
      accepted by Manufacturer. If Manufacturer so objects, the Purchase Order
      will be deemed canceled. If Manufacturer does not so object, the Purchase
      Order will be deemed accepted.

              
	 	 
	
                2.

              	
                Prices.

              
	 	 	 
	 
      	
                (a)

              	
                The prices
      (the “Prices”)
      for the Products are set forth on Exhibit
      C, which may be amended from time to time by written agreement of
      the Parties. No amendment of the Prices will be effective for a period of
      ninety (90) days after agreement thereon by the
Parties.

              
	 	 	 
	 
      	
                (b)

              	
                The Prices
      include all charges such as for packaging, packing, customs duties imposed
      before passage of title, and all taxes except sales, use and other such
      taxes imposed upon the sale or transfer of Products for which Winalite may
      be responsible under applicable law.

              
	 	 
	
                3.

              	
                Delivery.

              
	 	 	 
	 
      	
                (a)

              	
                Time and
      rate of delivery are of the essence of all purchases made under this
      Agreement. The minimum agreed period between Winalite’s delivery of a
      Purchase Order and the scheduled delivery date (“Leadtime”)
      will be no less than thirty (30) days unless a longer period is stated in
      the Purchase Order or a shorter period is agreed to in writing between the
      Parties.

              
	 	 	 
	 
      	
                (b)

              	
                Deliveries
      will state in the applicable Purchase Order. Winalite may within ten 10
      days prior to the scheduled delivery date require Product to be
      drop-shipped to its distributors located outside of Hong Kong. Unless
      otherwise agreed, the shipping charges will be borne by the
      Manufacturer.

              

      

      
        
           

        

        
          2

          
            

          

        

        
           

        

      

      

       

      
        	 
      	
                (c)

              	
                If
      Manufacturer delivers Products more than ten (10) days in advance of the
      scheduled delivery date, Winalite, after notice to Manufacturer, may
      either (i) return such Products, at the Manufacturer’s costs and expense,
      for subsequent delivery on the original scheduled delivery date or (ii)
      retain such Products and postpone payment until it would have been due if
      Manufacturer had delivered the Products as scheduled. If Manufacturer is
      more than fifteen (15) days late in meeting a scheduled delivery date (a
      “Late
      Delivery”), then Winalite may require that Manufacturer ship the
      Products via a premium means at Manufacturer’s expense. Manufacturer will
      not be responsible for delays or defects in delivery resulting from
      unforeseen, superseding circumstances, including delays of
      carriers.

              
	 	 	 
	 
      	
                (d)

              	
                The
      following delivery-related terms have the meaning set forth
      below:

              
	 	 	 
	 
      	 
      	
                (i)

              	
                For C.I.F.,
      “Shipment
      Date” means the date on which the Products are delivered on board
      the common carrier in   (or such
      other port as Manufacturer may ship Products from in the future). For
      F.O.B., “Shipment
      Date”
      means the date on which the Products are delivered to Winalite’s common
      carrier in   (or such other port
      as Manufacturer may ship Products from in the future).

              
	 	 	 	 
	 
      	 
      	
                (ii)

              	
                “Delivery”
      will have occurred on the Shipment Date.

              
	 	 	 	 
	 
      	 
      	
                (iii)

              	
                When
      Products are delivered to or on board the common carrier after the
      originally scheduled delivery date with the delay caused by Winalite, the
      delivery will be deemed timely.

              
	 	 	 	 
	 
      	 
      	
                (iv)

              	
                When
      Products are delivered otherwise but in compliance with this Agreement or
      any other written agreement of the Parties, the delivery will be
      timely.

              

      

      

       

      
        	
                4.

              	
                Payment
      and Terms.

              
	 	 	 
	 
      	
                (a)

              	
                All
      purchases of Product will be on open account. Payment terms will be ninety
      (90) days net upon invoice by Manufacturer, unless otherwise specified in
      the applicable Purchase Order. Any amounts owed to Winalite due to
      permitted rejections of Product or agreed discrepancies on paid invoices
      will be, at Winalite’s option, fully credited against future invoices
      payable to Manufacturer, or paid by Manufacturer within thirty (30) days
      from Manufacturer’s receipt of a debit memo or other written request for
      payment by Winalite.

              
	 	 
	
                5.

              	
                Quality,
      Inspection and Acceptance.

              

      

      
        	
                 
      

              	 

      

       

      
        
           

        

        
          3

          
            

          

        

        
           

        

      

      
        	
                 
      

              	 

      

       

      
        	 
      	
                (a)

              	
                All
      Products will conform to the specifications attached as Exhibit D, as they may be amended from time
      to time by written agreement of the Parties (the “Specifications”).

              
	 	 	 
	 
      	
                (b)

              	
                Without
      limitation, the Specifications may include product marking and labeling,
      including country-of-origin marking, product inserts and other similar
      requirements for the Products.

              
	 	 	 
	 
      	
                (c)

              	
                Winalite
      may perform source inspection and process control audits at Manufacturer’s
      facilities at any time during normal business hours, but this does not
      relieve Manufacturer of its obligation to deliver conforming Products or
      waive Winalite’s right to reject non-conforming
  Products.

              
	 	 	 
	 
      	
                (d)

              	
                Winalite
      may reject non-conforming Products at any time within ninety (90) days
      after Delivery.

              
	 	 	 
	 
      	
                (e)

              	
                Products
      will be deemed non-conforming if they fail to comply with the applicable
      Specifications. Winalite may within ninety (90) days after Delivery return
      non-conforming shipments of Product to Manufacturer for replacement, with
      Manufacturer bearing all costs and risk of loss including, without
      limitation, additional shipping expenses. Winalite will not be required to
      obtain Manufacturer’s advance consent for any returns of non-conforming
      Products. Manufacturer will replace all such Products and ship the
      replacement Products to Winalite (or at Winalite’s instructions) within
      fifteen (15) days of receipt by Manufacturer of the defective
      Products.

              
	 	 
	
                6.

              	
                Winalite
      Brand.

              
	 	 
	 
      	
                Manufacturer
      hereby transfers to Winalite all right, title and interest it may have in
      and to the word “Winalite,” including without limitation any trademark,
      trade name, or copyright to that word and any representation or design
      incorporating that word (collectively, the “Winalite
      Brand”). Winalite hereby grants to Manufacturer during the Term of
      this Agreement a royalty-free license to use the Winalite Brand only in
      connection with the manufacturing and sale to Winalite of the Products.
      Manufacturer will not use the Winalite Brand in connection with the
      manufacturing of any products or items for sale to any Person other than
      Winalite without the advance written approval of Winalite. Should
      Manufacturer acquire any rights in the Winalite Brand, whether by
      operation of law or otherwise, Manufacturer will, at the cost and expense
      of Winalite, immediately, upon the request of Winalite, irrevocably
      unconditionally and effectively, assign such rights to
      Winalite.  Manufacturer hereby acknowledges, declares and agrees
      that it has no rights, and/or interest, of whatsoever nature in Winalite
      Brand save for the licenses granted to it by Winalite pursuant to the
      provisions of this Agreement.  Manufacturer hereby, irrevocably
      and unconditionally, waives, in favor of Winalite, any such rights which
      it may

              

      

      

       

      
        
           

        

        
          4

          
            

          

        

        
           

        

      

      

       

      
        	 
      	
                acquire,
      whether by operation of law or otherwise.  The provisions of
      this clause will remain in full force and effect notwithstanding the
      expiration or earlier termination of this Agreement.

              
	 	 
	
                7.

              	
                License
      Grant.

              
	 	 
	 
      	
                Manufacturer
      grants to Winalite a world-wide, royalty-free license during the Term of
      this Agreement to use any patents, copyrights, trademarks, trade names or
      other intellectual property which is owned or to which Manufacturer has
      rights, solely for the purposes of marketing, selling and distributing the
      Products.

              
	 	 
	
                8.

              	
                Exclusivity.

              
	 	 
	 
      	
                With the
      exception of the market in People’s Republic of China, manufacturer will
      manufacture the Products exclusively for Winalite and, unless approved in
      advance in writing by Winalite, will not manufacture or sell the Products,
      any functionally equivalent products, or any products employing or
      incorporating any patented or proprietary technology used in the
      production of the Products to any other
Person.

              

      

      
        	
                 
      

              	 

      

       

      
        	
                9.

              	
                Warranties;
      Intellectual Property Indemnification.

              
	 	 	 
	 
      	
                (a)

              	
                Manufacturer
      warrants for three (3) years from the shipment date that all Products will
      be free from defects in material, workmanship and design which adversely
      affect the performance of the Products, and will comply with all
      applicable health and safety, and consumer protection, laws and
      regulations. The warranties will survive any inspection, delivery payment
      or termination of this Agreement.

              
	 	 	 
	 
      	
                (b)

              	
                Manufacturer
      warrants that it has the right to manufacture and convey the Products to
      Winalite and that the Products when shipped will be free of all liens and
      encumbrances.

              
	 	 	 
	 
      	
                (c)

              	
                Manufacturer
      warrants to Winalite that it has all intellectual property and other
      rights necessary to manufacture and sell the Products to Winalite, and
      that the design, manufacture, marketing and sale of the Products does not
      and will not infringe the intellectual property rights of any other
      Person.

              
	 	 	 
	 
      	
                (d)

              	
                Manufacturer
      will defend, at its expense, any claims against Winalite alleging that the
      Products, or any part thereof, infringe any patent, copyright, trademark,
      trade secret, mask work or other intellectual property interests in any
      country and will pay all costs and damages awarded, if Manufacturer is
      notified promptly in writing of such claim. If an injunction against
      Winalite’s or Winalite’s customer’s or distributor’s use, sale, lease,
      license or other

              

      

      
        
           

        

        
          5

          
            

          

        

        
           

        

      

      

       

      
        	 
      	 
      	
                distribution
      of Products or any part thereof results from such a claim (or if Winalite
      reasonably believes such a claim is likely), Manufacturer will, at its
      expense (and in addition to Manufacturer’s other obligations hereunder)
      and as Winalite requests, use its best efforts to (i) obtain for Winalite
      and its customers and distributors the right to continue using, selling,
      leasing, licensing or otherwise distributing the Products, or (ii) replace
      or modify the Products so that they become non-infringing but functionally
      equivalent.

              
	 	 
	
                10.

              	
                Compliance with
      Laws.

              
	 	 
	 
      	
                Each Party
      will at all times and at its own expense (a) strictly comply with all
      applicable laws, rules, regulations and governmental orders, now or
      hereafter in effect, relating to its performance of this Agreement, (b)
      pay all fees and other charges required by such laws, rules, regulations
      and orders, and (c) maintain in full force and effect all licenses,
      permits, authorizations, registrations and qualifications from all
      applicable governmental departments and agencies to the extent necessary
      to perform its obligations hereunder.

              
	 
      	 
      
	
                11.

              	
                Representations
      and Warranties.

              
	 	 
	 
      	
                Each Party
      represents and warrants to the other, as to itself and not as to the
      other, as follows:

              
	 	 	 
	 
      	
                (a)

              	
                It is a
      company duly organized under the laws of the country identified in its
      address on the signature page of this Agreement and has all requisite
      corporate power and authority to enter into, deliver and perform its
      obligations under this Agreement. When duly executed and delivered by it,
      this Agreement will constitute an obligation which is valid, binding on
      and enforceable against it.

              
	 	 	 
	 
      	
                (b)

              	
                All
      corporate action necessary to execute, deliver and perform its obligations
      under this Agreement has been duly taken.

              
	 	 	 
	 
      	
                (c)

              	
                It has all
      necessary business and other governmental licenses, permits and
      authorizations to permit it to perform its obligations under this
      Agreement.

              
	 	 
	
                12.

              	
                Confidential
      Information.

              
	 	 
	 
      	
                Notwithstanding
      any other provision of this Agreement, the Parties agree to maintain in
      confidence, and not to disclose to other Person, either during the Term of
      this Agreement or during a period of five (5) years thereafter, any and
      all Confidential Information furnished by a Party (the “Disclosing
      Party”) to the other Party (the “Receiving
      Party”). “Confidential
      Information” means and includes any information of any nature
      except for information (i) which at the time of disclosure is, or
      subsequently

              

      

      
        
           

        

        
          6

          
            

          

        

        
           

        

      

      

       

      
        	 
      	
                becomes,
      part of the public domain through no fault of the Receiving Party, (ii)
      which at the time of disclosure, is already known to the Receiving Party
      and the Receiving Party can prove such prior knowledge, or (iii) which is
      subsequently disclosed on a non-confidential basis to the Receiving Party
      by a third Party whose receipt and disclosure does not constitute a
      violation of any confidentiality obligation to the Disclosing Party.
      Confidential Information may include, but will not be limited to,
      processes, compilations of information, records, specifications, cost and
      pricing information, customer lists, catalogs, booklets, technical
      advertising and selling data, samples, and the fact of the Disclosing
      Party’s intent to manufacture, market, sell or distribute any new product,
      and except for information which is public or general industry knowledge,
      all information furnished by the Disclosing Party to the Receiving Party
      will be considered to be Confidential Information, whether or not
      specifically so designated. The Receiving Party will take all reasonable
      steps to protect the Confidential Information from unauthorized
      disclosure, including, but not limited to, informing its employees in
      writing of the confidential nature of the information and binding those
      employees to maintain the confidentiality of the information to the same
      extent as provided herein. The Receiving Party further agrees not to use
      any Confidential Information in any way, directly or indirectly, except as
      required in the course of the performance of the terms of this Agreement
      and approved in writing and in advance by the Disclosing
      Party.

              
	 	 	 
	
                13.

              	
                Term
      and Termination.

              	 
      
	 	 	 
	 
      	
                (a)

              	
                The term of
      this Agreement (the “Term”)
      will commence on the date first set forth above and continue until
      terminated in accordance with this Section
      ‎13.

              
	 	 	 
	 
      	
                (b)

              	
                This
      Agreement will terminate:

              
	 	 	 	 
	 
      	 
      	
                (i)

              	
                upon six
      (6) months advance notice by either Party, by written notice delivered to
      the non-terminating Party specifying the effective date of such
      termination;

              
	 	 	 	 
	 
      	 
      	
                (ii)

              	
                immediately
      by written notice of a Party (1) upon the material breach by any other
      Party of that Party’s obligations hereunder and the failure of such Party
      to cure such breach within thirty (30) working days after written notice
      from the non-breaching Party; or (2) upon the filing of a voluntary or
      involuntary petition in bankruptcy by another Party or of which such other
      Party is the subject, or the insolvency of the other, or the commencement
      of any proceedings placing the other in receivership, or of any assignment
      by the other for the benefit of creditors.

              
	 	 	 
	 
      	
                (c)

              	
                Consequences
      of Termination.

              

      

      
        
           

        

        
          7

          
            

          

        

        
           

        

      

       

      
        	 
      	
                On the
      effective date of any termination of this Agreement, (i) all licenses and
      grants of intellectual property, including those set forth in Sections ‎6
      and ‎7, will terminate immediately except as
      necessary to permit the sale of remaining inventory of Product as
      contemplated by this Section‎13(c); (ii) at the option of the Disclosing
      Party, the Receiving Party will return or destroy all Intellectual
      Property of the Disclosing Party having tangible form in its possession,
      custody, or control; (iii) Winalite and any of its customers and/or
      distributors may continue to market, sell and distribute such Products as
      may already have been Delivered; (iv) all amounts due or payable from
      either Party to the other will continue to be due and payable despite such
      termination. Expiry or termination of this Agreement in accordance with
      its terms will not give either party the right to claim any damages or
      compensation, indemnity or reimbursement whatsoever from the other by
      reason of such expiry or termination (including, but not limited to, any
      claims in respect of present or prospective loss of profits or
      distribution rights, or any similar loss or for expenditures, investments,
      commitments or otherwise), but  such expiry or termination will
      be without prejudice to any rights or remedies available to, or any
      obligations or liabilities accrued to, either party at the effective date
      of termination.

              
	 	 
	 
      	
                (d)

              	
                Survival.   In
      the event of termination of this Agreement for any reason whatsoever,
      Section ‎9 (Warranties), Section ‎12
      (Confidential
      Information), and Section
      ‎13(c)
      (Consequences of
      Termination) hereof will survive for as long as necessary to
      effectuate their purposes and will bind the Parties and their
      representatives, successors and assigns.

              
	 	 	 
	
                14.

              	
                Dispute
      Resolution.

              
	 	 	 
	 
      	
                (a)

              	
                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.

              
	 	 	 
	 
      	
                (b)

              	
                Commencement
      of Arbitration.   If no mutually acceptable settlement of
      the Dispute is made within 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.

              
	 	 	 
	 
      	
                (c)

              	
                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

              

      

      
        
           

        

        
          8

          
            

          

        

        
           

        

      

      
        	
                 
      

              	 

      

       

      
        	 
      	
                conducted
      by a panel of three arbitrators, one chosen by Winalite, one chosen by
      Manufacturer, and the third by agreement of the Parties; failing agreement
      within thirty (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.

              
	 	 
	
                15.

              	
                Miscellaneous.

              
	 	 
	 
      	
                (a)

              	
                No
      Partnership.  This Agreement does not establish either
      Party as an agent, partner, joint venturer, employee, servant, or legal
      representative of the other for any purpose whatsoever, and neither has
      the right to bind the other in any way.

              
	 	 	 
	 
      	
                (b)

              	
                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 for the purpose of carrying out or evidencing any of the
      transactions contemplated by this Agreement.

              
	 	 	 
	 
      	
                (c)

              	
                Fees and
      Expenses.   Each Party will bear its own fees and
      expenses incurred in connection with the negotiation, execution and
      performance of its obligations under this Agreement and any other
      agreements relating hereto.

              
	 	 	 
	 
      	
                (d)

              	
                Payment of
      Applicable Taxes.  Manufacturer will bear the cost of,
      and will pay, all local taxes, stamp taxes, government charges,
      registration fees, or any other sums required to be paid in connection
      with this Agreement, the purchase and sale of Products, its performance
      under this Agreement, or any right to use any Intellectual Property
      granted hereunder.

              
	 	 	 
	 
      	
                (e)

              	
                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

              

      

      

       

      
        
           

        

        
          9

          
            

          

        

        
           

        

      

      

       

      
        	 
      	 
      	
                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
      Winalite:

                 

              	
                The Hong
      Kong Winalite Group Ltd.

                Rm1204-1206,
      Wai Fung Plaza, 664 Nathan Road, Mongkok, KL, Hong Kong

                Fax:  +85
      20 23883936

                 

              
	 	
                With Copies
      to:

                 

              	
                Jun He Law
      Offices, Shanghai Office

                Shanghai
      Kerry Center, 32nd Floor, 1515 Nanjing Road West, Shanghai 200040, P.R.
      China

                Attn: Mr.
      Chunyang Shao

                 

              
	 	
                If to
      Manufacturer:

                 

              	
                深圳先声科技发展有限公司

                深圳市福田区深南大道4009号投资大厦2楼02-A区

                抄送:陈怀德

                Fax:+0086-0755
      82912511

                 

              
	 	
                With Copies
      to:

              	
                Jun He Law
      Offices, Shanghai Office

                Shanghai
      Kerry Center, 32nd Floor, 1515 Nanjing Road West, Shanghai 200040, P.R.
      China

                Attn: Mr.
      Chunyang Shao

              

      

      

       

      
        	 
      	
                (f)

              	
                Publicity.   No
      press release, publicity, disclosure or notice to any Person concerning
      any of the transactions contemplated by this Agreement will be issued,
      given, made or otherwise disseminated by Manufacturer at any time without
      the prior written approval of Winalite.

              
	 	 	 
	 
      	
                (g)

              	
                Headings,
      Gender and Usage.   The headings contained in this
      Agreement are for convenience of reference only, and 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: (i) the words “include” and “including” will be taken to
      include the words, “without limitation;” and (ii) 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.

              
	 	 	 
	 
      	
                (h)

              	
                Governing
      Law and Language.   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,
      S.A.R. (without giving effect to principles relating to conflict of
      laws).  This Agreement is written in English and the English
      language will govern any interpretation of this
  Agreement.

              

      

      
        
           

        

        
          10

          
            

          

        

        
           

        

      

      

       

      
        	 
      	
                (i)

              	
                Successors
      and Assigns; Parties in Interest.   Except as
      otherwise expressly provided herein, the provisions of this Agreement will
      inure to the benefit of, and be binding upon, the successors, permitted
      assigns, heirs, executors and administrators of the
    Parties.

              
	 	 	 
	 
      	
                (j)

              	
                Assignments,
      Successors, and No Third-Party
      Rights.   Manufacturer may not assign any of its
      rights or delegate any of its obligations under this Agreement without the
      written consent of Winalite. Without the prior written consent of
      Manufacturer, Winalite may only assign its rights or delegate its
      obligations under this Agreement to an affiliate controlled by, or under
      common control with, Winalite. No Person not a Party to this Agreement or
      a permitted assignee has any rights under this
  Agreement.

              
	 	 	 
	 
      	
                (k)

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

              
	 	 	 
	 
      	
                (l)

              	
                Interpretation.  Each
      Party acknowledges that it has participated in the drafting of this
      Agreement, and any applicable rule of construction to the effect that
      ambiguities are to be resolved against the drafting party will not be
      applied in connection with the construction or interpretation of this
      Agreement.

              
	 	 	 
	 
      	
                (m)

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

              
	 	 	 
	 
      	
                (n)

              	
                Waiver.   No failure or
      delay by any Party to exercise any right, power or remedy under this
      Agreement will operate as a waiver of any such right, power or
      remedy.

              
	 	 	 
	 
      	
                (o)

              	
                Entire
      Agreement.   The Agreement sets forth the entire
      understanding of the Parties relating to the subject matter hereof and
      supersedes all prior agreements and understandings, written or oral, among
      or between any of the Parties relating to the subject matter
      hereof.

              
	 	 	 
	 
      	
                (p)

              	
                Counterparts.
      This Agreement may be executed in any number of counterparts. When each
      Party has signed and delivered to all other Parties at least one such
      counterpart, each of the counterparts will constitute one and the same
      instrument.

              

      

      

       

      

       

      

       

       

      [Remainder of Page
Intentionally Left Blank]

       

       

      

       

      
        
           

        

        
          11

          
            

          

        

        
           

        

      

      

       

      IN WITNESS
WHEREOF, the Parties have executed this Master Purchase and Supply Agreement as
of the date first above written.

       

      
        	
                “Winalite”

                 

                The Hong
      Kong Winalite Group, Ltd.

                 

                 

                By:    /s/ Jingjun
      Hu                                           

                 

                Print name
      and title:

                Hu Jing Jun

                Chairman

                 

                Address:

                Rm1204-06, Wai Fung Plaza, 664 Nathan
      Road

                Mongkok, KL, Hong Kong

                 

              	
                “Manufacturer”

                 

                Shen Zhen
      Xian Sheng Science and Technology

                Development
      Co., Ltd.

                 

                By:   /s/ 陈怀德

                 

                Print name
      and title:

                
                  陈怀德

                  
                    法人

                  

                

                 

                Address:

                深圳市福田区深南大道4009号

                投资大厦2楼02-A区

                 

              

      

      

       

      
        
           

        

        
          12

          
            

          

        

        
           

        

      

      EXHIBIT
A

       

      Definitions

       

      

       

      As used in this
Master Purchase and Supply Agreement, the following capitalized terms have the
meanings assigned to them in this Exhibit
A:

       

      
        	
                “Confidential
      Information”

              	
                is defined
      in Section ‎12.

              
	 	 
	
                “Delivery”

              	
                is defined
      in Section ‎3(d)(ii).

              
	 	 
	
                “Disclosing
      Party”

              	
                is defined
      in Section ‎12.

              
	 	 
	
                “Disputes”

              	
                is defined
      in Section ‎14(a).

              
	 	 
	
                “HKIAC”

              	
                is defined
      in Section ‎14(c).

              
	 	 
	
                “Late
      Delivery”

              	
                is defined
      in Section ‎3(b).

              
	 	 
	
                “Leadtime”

              	
                is defined
      in Section ‎3(a).

              
	 	 
	
                “Manufacturer”

              	
                is defined
      in the first paragraph of this Agreement.

              
	 	 
	
                “Party”
      and “Parties”

              	
                are defined
      in the first paragraph of this Agreement.

              
	 	 
	
                “Person”

              	
                means an
      individual, a corporation, a partnership, an association, a trust or other
      entity or organization, including a government or political subdivision or
      an agency or instrumentality thereof.

              
	 	 
	
                “Prices”

              	
                is defined
      in Section ‎2(a).

              
	 	 
	
                “Products”

              	
                is defined
      in Recital A.

              
	 	 
	
                “Purchase
      Order”

              	
                is defined
      in Section ‎1(a).

              
	 	 
	
                “Receiving
      Party”

              	
                is defined
      in Section ‎12.

              
	 	 
	
                “Shipment
      Date”

              	
                is defined
      in Section ‎3(d)(i).

              
	 	 
	
                “Specifications”

              	
                is defined
      in Section ‎5(a).

              
	 	 
	
                “Term”

              	
                is defined
      in Section ‎13.

              
	 	 
	
                “Winalite
      Brand Winalite”

              	
                is defined
      in Section ‎6.

              
	 	 
	
                “Winalite”

              	
                is defined
      in the first paragraph of this
Agreement.

              

      

      

       

      
        
           

        

        
          
          

          
            

          

        

        
           

        

      

       

       

      

        
          	
                  EXHIBIT
      B (附件 B) - Product (产品)

                	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	
                  序号

                	
                  英文名称

                	
                  单位

                	
                  中文名称

                	
                  单位

                
	
                  1

                	
                  LOVE MOON
      Anion Sanitary Napkin

                	
                  set

                	
                  月月愛負離子衛生巾套裝

                	
                  套

                
	
                  2

                	
                  LOVE MOON
      Anion Full Pantiliner

                	
                  set

                	
                  月月愛負離子全護墊套裝

                	
                  套

                
	
                  3

                	
                  Demo
      Kit

                	
                  pcs

                	
                  縯示箱

                	
                  個

                
	
                  4

                	
                  Show
      Cup(Soft)

                	
                  pcs

                	
                  縯示杯(軟質)

                	
                  個

                
	
                  5

                	
                  Show
      Paper

                	
                  pcs

                	
                  縯示紙

                	
                  張

                
	
                  6

                	
                  Injector

                	
                  pcs

                	
                  註射器

                	
                  支

                
	
                  7

                	
                  Winalite
      Logo

                	
                  pcs

                	
                  月朗徽章

                	
                  個

                
	
                  8

                	
                  Distributor
      Hand-book

                	
                  pcs

                	
                  經銷商手冊

                	
                  本

                
	
                  9

                	
                  Products
      Manual

                	
                  pcs

                	
                  産品畫冊

                	
                  本

                
	
                  10

                	
                  Winalite
      International OPP Handbook

                	
                  pcs

                	
                  月朗國際OPP手冊

                	
                  本

                
	
                  11

                	
                  Winalite
      International Opening Special

                	
                  pcs

                	
                  月朗國際開業特刊

                	
                  本

                
	
                  12

                	
                  Products
      Leaflet

                	
                  pcs

                	
                  産品單張

                	
                  張

                
	
                  13

                	
                  System
      Explanation Foldout

                	
                  pcs

                	
                  制度講解折頁

                	
                  張

                
	
                  14

                	
                  Customer
      Service Handbook

                	
                  pcs

                	
                  客戶服務手冊

                	
                  本

                
	
                  15

                	
                  Success
      Unlimited Basic Training Manual

                	
                  pcs

                	
                  長成繫統基礎培訓手冊

                	
                  本

                
	
                  16

                	
                  Success
      Unlimited Success Handbook

                	
                  pcs

                	
                  長成繫統成功手冊

                	
                  本

                
	
                  17

                	
                  Success
      Unlimited Handbook of Sincere Words

                	
                  pcs

                	
                  長成心語

                	
                  本

                
	
                  18

                	
                  Success
      Unlimited Course Lecture

                	
                  pcs

                	
                  長成繫統課程講稿

                	
                  本

                
	
                  19

                	
                  Success
      Unlimited Agenda Manual

                	
                  pcs

                	
                  長成繫統會務手冊

                	
                  本

                
	
                  20

                	
                  Success
      Unlimited System Logo

                	
                  pcs

                	
                  長成繫統徽標

                	
                  個

                
	
                  21

                	
                  Knowledge
      Economy(Jan.2008)

                	
                  pcs

                	
                  《中國直銷》2008年1月

                	
                  本

                
	
                  22

                	
                  XinhuaBusiness
      (Jan 2008)

                	
                  pcs

                	
                  2008年1月《新華商》

                	
                  本

                
	
                  23

                	
                  Global
      Business Magazine

                	
                  pcs

                	
                  《商天下》

                	
                  本

                
	
                  24

                	
                  Spotlights
      of Winalite

                	
                  pcs

                	
                  《聚焦月朗》

                	
                  本

                
	
                  25

                	
                  Company
      Sales Kit(Pink)+System Sales Kit(Blue)

                	
                  set

                	
                  公司資料套裝+繫統資料套裝

                	
                  套

                
	
                  26

                	
                  Tie

                	
                  pcs

                	
                  領帶

                	
                  條

                
	
                  27

                	
                  Love Moon
      Pen

                	
                  pcs

                	
                  廣告筆

                	
                  支

                
	
                  28

                	
                  Luggage
      Case(Big)

                	
                  pcs

                	
                  拉桿箱(大)

                	
                  個

                
	
                  29

                	
                  Hangbag

                	
                  pcs

                	
                  手提袋

                	
                  個

                
	
                  30

                	
                  Name
      Cardcase

                	
                  pcs

                	
                  名片夾

                	
                  個

                
	
                  31

                	
                  Winalite
      T-Shirt

                	
                  pcs

                	
                  T裇

                	
                  件

                
	
                  32

                	
                  DVD Set(3
      Piece)

                	
                  pcs

                	
                  光盤套裝(3隻)

                	
                  件

                
	
                  33

                	
                  Charity
      Handbook and CD

                	
                  set

                	
                  慈善手冊+慈善光盤

                	
                  套

                
	
                  34

                	
                  Eight
      Course VCD and CD

                	
                  set

                	
                  八大課程VCD+CD

                	
                  套

                
	
                  35

                	
                  Hainan
      Global Leaders United Camp VCD

                	
                  set

                	
                  海南領袖團結營VCD

                	
                  套

                
	
                  36

                	
                  Traveling
      Plan VCD

                	
                  set

                	
                  旅遊計劃VCD

                	
                  套

                
	
                  37

                	
                  Blue
      Diamond Camp DVD(2 DVD)

                	
                  set

                	
                  藍鑽種子營DVD(雙碟裝)

                	
                  套

                
	
                  38

                	
                  System
      Manual

                	
                  pcs

                	
                  系統畫冊

                	
                  本

                
	
                  41

                	
                  Baby
      Diaper

                	
                  set

                	
                  纸尿裤

                	
                  套

                
	
                  42

                	
                  Sample
      Pack

                	
                  set

                	
                  试用装袋(100个/盒)

                	
                  盒

                
	
                  43

                	
                  Winmask
      (50pcs * 1 Box)

                	
                  Box

                	
                  负离子口罩

                	
                  盒

                
	
                  44

                	
                  Health
      Card

                	
                  pcs

                	
                  健康卡

                	
                  件

                
	
                  45

                	
                  2010
      Winalite Calendar

                	
                  pcs

                	
                  2010年台历

                	
                  本

                
	
                  46

                	
                  Charity
      Film - "Boundless love"

                	
                  set

                	
                  《大爱无边》慈善片

                	
                  套

                
	
                  47

                	
                  Winalite
      Quarterly

                	
                  set

                	
                  月朗季刊

                	
                  套

                
	
                  48

                	
                  Winalite
      Promotional Film

                	
                  set

                	
                  月朗企业宣传片

                	
                  套

                
	
                  49

                	
                  Pocket Book
      - "A princely man cherishes virtue"

                	
                  set

                	
                  《君子怀德》口袋书

                	
                  套

                
	 
      	 
      	 
      	 
      	 
      

        

      

       

      
        
           

        

        
          
          

          
            

          

        

        
           

        

      

       

      
        
          	
                  EXHIBIT
      C (附件 C) - Price (價格)

                
	 
      	 
      	 
      	 
      	 
      	 
      
	
                  貨幣:美元
      / Currency: USD

                
	
                  序号

                	
                  英文名称

                	
                  单位

                	
                  中文名称

                	
                  单位

                	
                  单价
      

                
	
                  1

                	
                  LOVE MOON
      Anion Sanitary Napkin

                	
                  set

                	
                  月月愛負離子衛生巾套裝

                	
                  套

                	
                  8.57

                
	
                  2

                	
                  LOVE MOON
      Anion Full Pantiliner

                	
                  set

                	
                  月月愛負離子全護墊套裝

                	
                  套

                	
                  8.57

                
	
                  3

                	
                  Demo
      Kit

                	
                  pcs

                	
                  縯示箱

                	
                  個

                	
                  5.00

                
	
                  4

                	
                  Show
      Cup(Soft)

                	
                  pcs

                	
                  縯示杯(軟質)

                	
                  個

                	
                  0.05

                
	
                  5

                	
                  Show
      Paper

                	
                  pcs

                	
                  縯示紙

                	
                  張

                	
                  0.08

                
	
                  6

                	
                  Injector

                	
                  pcs

                	
                  註射器

                	
                  支

                	
                  0.30

                
	
                  7

                	
                  Winalite
      Logo

                	
                  pcs

                	
                  月朗徽章

                	
                  個

                	
                  0.05

                
	
                  8

                	
                  Distributor
      Hand-book

                	
                  pcs

                	
                  經銷商手冊

                	
                  本

                	
                  0.80

                
	
                  9

                	
                  Products
      Manual

                	
                  pcs

                	
                  産品畫冊

                	
                  本

                	
                  0.30

                
	
                  10

                	
                  Winalite
      International OPP Handbook

                	
                  pcs

                	
                  月朗國際OPP手冊

                	
                  本

                	
                  1.00

                
	
                  11

                	
                  Winalite
      International Opening Special

                	
                  pcs

                	
                  月朗國際開業特刊

                	
                  本

                	
                  1.00

                
	
                  12

                	
                  Products
      Leaflet

                	
                  pcs

                	
                  産品單張

                	
                  張

                	
                  0.03

                
	
                  13

                	
                  System
      Explanation Foldout

                	
                  pcs

                	
                  制度講解折頁

                	
                  張

                	
                  0.05

                
	
                  14

                	
                  Customer
      Service Handbook

                	
                  pcs

                	
                  客戶服務手冊

                	
                  本

                	
                  0.40

                
	
                  15

                	
                  Success
      Unlimited Basic Training Manual

                	
                  pcs

                	
                  長成繫統基礎培訓手冊

                	
                  本

                	
                  0.50

                
	
                  16

                	
                  Success
      Unlimited Success Handbook

                	
                  pcs

                	
                  長成繫統成功手冊

                	
                  本

                	
                  0.80

                
	
                  17

                	
                  Success
      Unlimited Handbook of Sincere Words

                	
                  pcs

                	
                  長成心語

                	
                  本

                	
                  0.80

                
	
                  18

                	
                  Success
      Unlimited Course Lecture

                	
                  pcs

                	
                  長成繫統課程講稿

                	
                  本

                	
                  0.80

                
	
                  19

                	
                  Success
      Unlimited Agenda Manual

                	
                  pcs

                	
                  長成繫統會務手冊

                	
                  本

                	
                  1.00

                
	
                  20

                	
                  Success
      Unlimited System Logo

                	
                  pcs

                	
                  長成繫統徽標

                	
                  個

                	
                  0.50

                
	
                  21

                	
                  Knowledge
      Economy(Jan.2008)

                	
                  pcs

                	
                  《中國直銷》2008年1月

                	
                  本

                	
                  1.50

                
	
                  22

                	
                  XinhuaBusiness
      (Jan 2008)

                	
                  pcs

                	
                  2008年1月《新華商》

                	
                  本

                	
                  1.50

                
	
                  23

                	
                  Global
      Business Magazine

                	
                  pcs

                	
                  《商天下》

                	
                  本

                	
                  1.50

                
	
                  24

                	
                  Spotlights
      of Winalite

                	
                  pcs

                	
                  《聚焦月朗》

                	
                  本

                	
                  1.50

                
	
                  25

                	
                  Company
      Sales Kit(Pink)+System Sales Kit(Blue)

                	
                  set

                	
                  公司資料套裝+繫統資料套裝

                	
                  套

                	
                  16.00

                
	
                  26

                	
                  Tie

                	
                  pcs

                	
                  領帶

                	
                  條

                	
                  8.00

                
	
                  27

                	
                  Love Moon
      Pen

                	
                  pcs

                	
                  廣告筆

                	
                  支

                	
                  0.30

                
	
                  28

                	
                  Luggage
      Case(Big)

                	
                  pcs

                	
                  拉桿箱(大)

                	
                  個

                	
                  40.80

                
	
                  29

                	
                  Hangbag

                	
                  pcs

                	
                  手提袋

                	
                  個

                	
                  31.60

                
	
                  30

                	
                  Name
      Cardcase

                	
                  pcs

                	
                  名片夾

                	
                  個

                	
                  4.50

                
	
                  31

                	
                  Winalite
      T-Shirt

                	
                  pcs

                	
                  T裇

                	
                  件

                	
                  8.00

                
	
                  32

                	
                  DVD Set(3
      Piece)

                	
                  pcs

                	
                  光盤套裝(3隻)

                	
                  件

                	
                  1.20

                
	
                  33

                	
                  Charity
      Handbook and CD

                	
                  set

                	
                  慈善手冊+慈善光盤

                	
                  套

                	
                  1.50

                
	
                  34

                	
                  Eight
      Course VCD and CD

                	
                  set

                	
                  八大課程VCD+CD

                	
                  套

                	
                  8.00

                
	
                  35

                	
                  Hainan
      Global Leaders United Camp VCD

                	
                  set

                	
                  海南領袖團結營VCD

                	
                  套

                	
                  0.50

                
	
                  36

                	
                  Traveling
      Plan VCD

                	
                  set

                	
                  旅遊計劃VCD

                	
                  套

                	
                  0.80

                
	
                  37

                	
                  Blue
      Diamond Camp DVD(2 DVD)

                	
                  set

                	
                  藍鑽種子營DVD(雙碟裝)

                	
                  套

                	
                  1.50

                
	
                  38

                	
                  System
      Manual

                	
                  pcs

                	
                  系統畫冊

                	
                  本

                	
                  1.00

                
	
                  41

                	
                  Baby
      Diaper

                	
                  set

                	
                  纸尿裤

                	
                  套

                	
                  16.32

                
	
                  42

                	
                  Sample
      Pack

                	
                  set

                	
                  试用装袋(100个/盒)

                	
                  盒

                	
                  4.00

                
	
                  43

                	
                  Winmask
      (50pcs * 1 Box)

                	
                  Box

                	
                  负离子口罩

                	
                  盒

                	
                  10.00

                
	
                  44

                	
                  Health
      Card

                	
                  pcs

                	
                  健康卡

                	
                  件

                	
                  15.00

                
	
                  45

                	
                  2010
      Winalite Calendar

                	
                  pcs

                	
                  2010年台历

                	
                  本

                	
                  2.50

                
	
                  46

                	
                  Charity
      Film - "Boundless love"

                	
                  set

                	
                  《大爱无边》慈善片

                	
                  套

                	
                  1.60

                
	
                  47

                	
                  Winalite
      Quarterly

                	
                  set

                	
                  月朗季刊

                	
                  套

                	
                  2.50

                
	
                  48

                	
                  Winalite
      Promotional Film

                	
                  set

                	
                  月朗企业宣传片

                	
                  套

                	
                  1.60

                
	
                  49

                	
                  Pocket Book
      - "A princely man cherishes virtue"

                	
                  set

                	
                  《君子怀德》口袋书

                	
                  套

                	
                  1.60

                
	 
      	 
      	 
      	 
      	 
      	 
      

        

        
          
             

          

          
             

            
              

            

          

          
             

          

        

       

      
        
          	
                  EXHIBIT
      D (附件 D) - Specifications (规格)

                	 
      
	 
      	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	 
      	 
      
	
                  序号

                	
                  英文名称

                	
                  Specifications

                	
                  中文名称

                	
                  规格

                
	
                  1

                	
                  LOVE MOON
      Anion Sanitary Napkin

                	
                  10box/set

                	
                  月月愛負離子衛生巾套裝

                	
                  套

                
	
                  2

                	
                  LOVE MOON
      Anion Full Pantiliner

                	
                  16box/set

                	
                  月月愛負離子全護墊套裝

                	
                  套

                
	
                  3

                	
                  Demo
      Kit

                	
                  pcs

                	
                  縯示箱

                	
                  個

                
	
                  4

                	
                  Show
      Cup(Soft)

                	
                  pcs

                	
                  縯示杯(軟質)

                	
                  個

                
	
                  5

                	
                  Show
      Paper

                	
                  pcs

                	
                  縯示紙

                	
                  張

                
	
                  6

                	
                  Injector

                	
                  pcs

                	
                  註射器

                	
                  支

                
	
                  7

                	
                  Winalite
      Logo

                	
                  pcs

                	
                  月朗徽章

                	
                  個

                
	
                  8

                	
                  Distributor
      Hand-book

                	
                  pcs

                	
                  經銷商手冊

                	
                  本

                
	
                  9

                	
                  Products
      Manual

                	
                  pcs

                	
                  産品畫冊

                	
                  本

                
	
                  10

                	
                  Winalite
      International OPP Handbook

                	
                  pcs

                	
                  月朗國際OPP手冊

                	
                  本

                
	
                  11

                	
                  Winalite
      International Opening Special

                	
                  pcs

                	
                  月朗國際開業特刊

                	
                  本

                
	
                  12

                	
                  Products
      Leaflet

                	
                  pcs

                	
                  産品單張

                	
                  張

                
	
                  13

                	
                  System
      Explanation Foldout

                	
                  pcs

                	
                  制度講解折頁

                	
                  張

                
	
                  14

                	
                  Customer
      Service Handbook

                	
                  pcs

                	
                  客戶服務手冊

                	
                  本

                
	
                  15

                	
                  Success
      Unlimited Basic Training Manual

                	
                  pcs

                	
                  長成繫統基礎培訓手冊

                	
                  本

                
	
                  16

                	
                  Success
      Unlimited Success Handbook

                	
                  pcs

                	
                  長成繫統成功手冊

                	
                  本

                
	
                  17

                	
                  Success
      Unlimited Handbook of Sincere Words

                	
                  pcs

                	
                  長成心語

                	
                  本

                
	
                  18

                	
                  Success
      Unlimited Course Lecture

                	
                  pcs

                	
                  長成繫統課程講稿

                	
                  本

                
	
                  19

                	
                  Success
      Unlimited Agenda Manual

                	
                  pcs

                	
                  長成繫統會務手冊

                	
                  本

                
	
                  20

                	
                  Success
      Unlimited System Logo

                	
                  pcs

                	
                  長成繫統徽標

                	
                  個

                
	
                  21

                	
                  Knowledge
      Economy(Jan.2008)

                	
                  pcs

                	
                  《中國直銷》2008年1月

                	
                  本

                
	
                  22

                	
                  XinhuaBusiness
      (Jan 2008)

                	
                  pcs

                	
                  2008年1月《新華商》

                	
                  本

                
	
                  23

                	
                  Global
      Business Magazine

                	
                  pcs

                	
                  《商天下》

                	
                  本

                
	
                  24

                	
                  Spotlights
      of Winalite

                	
                  pcs

                	
                  《聚焦月朗》

                	
                  本

                
	
                  25

                	
                  Company
      Sales Kit(Pink)+System Sales Kit(Blue)

                	
                  set

                	
                  公司資料套裝+繫統資料套裝

                	
                  套

                
	
                  26

                	
                  Tie

                	
                  pcs

                	
                  領帶

                	
                  條

                
	
                  27

                	
                  Love Moon
      Pen

                	
                  pcs

                	
                  廣告筆

                	
                  支

                
	
                  28

                	
                  Luggage
      Case(Big)

                	
                  pcs

                	
                  拉桿箱(大)

                	
                  個

                
	
                  29

                	
                  Hangbag

                	
                  pcs

                	
                  手提袋

                	
                  個

                
	
                  30

                	
                  Name
      Cardcase

                	
                  pcs

                	
                  名片夾

                	
                  個

                
	
                  31

                	
                  Winalite
      T-Shirt

                	
                  pcs

                	
                  T裇

                	
                  件

                
	
                  32

                	
                  DVD Set(3
      Piece)

                	
                  pcs

                	
                  光盤套裝(3隻)

                	
                  件

                
	
                  33

                	
                  Charity
      Handbook and CD

                	
                  60pcs/set

                	
                  慈善手冊+慈善光盤

                	
                  套

                
	
                  34

                	
                  Eight
      Course VCD and CD

                	
                  40pcs/set

                	
                  八大課程VCD+CD

                	
                  套

                
	
                  35

                	
                  Hainan
      Global Leaders United Camp VCD

                	
                  700pcs/set

                	
                  海南領袖團結營VCD

                	
                  套

                
	
                  36

                	
                  Traveling
      Plan VCD

                	
                  250pcs/set

                	
                  旅遊計劃VCD

                	
                  套

                
	
                  37

                	
                  Blue
      Diamond Camp DVD(2 DVD)

                	
                  2
      DVD/set

                	
                  藍鑽種子營DVD(雙碟裝)

                	
                  套

                
	
                  38

                	
                  System
      Manual

                	
                  pcs

                	
                  系統畫冊

                	
                  本

                
	
                  41

                	
                  Baby Diaper
      Small size

                	
                  102pcs/set

                	
                  纸尿裤
      小码

                	
                  套

                
	
                  41

                	
                  Baby Diaper
      Medium size

                	
                  90pcs/set

                	
                  纸尿裤
      中码

                	
                  套

                
	
                  41

                	
                  Baby Diaper
      Large size

                	
                  72pcs/set

                	
                  纸尿裤
      大码

                	
                  套

                
	
                  41

                	
                  Baby Diaper
      Extra large size

                	
                  60pcs/set

                	
                  纸尿裤
      加大码

                	
                  套

                
	
                  42

                	
                  Sample
      Pack

                	
                  100pcs/set

                	
                  试用装袋(100个/盒)

                	
                  100个/盒

                
	
                  43

                	
                  Winmask
      (50pcs * 1 Box)

                	
                  50pcs/Box

                	
                  负离子口罩

                	
                  50个/盒

                
	
                  44

                	
                  Health
      Card

                	
                  2pcs/set

                	
                  健康卡

                	
                  2件/盒

                
	
                  45

                	
                  2010
      Winalite Calendar

                	
                  pcs

                	
                  2010年台历

                	
                  本

                
	
                  46

                	
                  Charity
      Film - "Boundless love"

                	
                  set

                	
                  《大爱无边》慈善片

                	
                  套

                
	
                  47

                	
                  Winalite
      Quarterly

                	
                  set

                	
                  月朗季刊

                	
                  套

                
	
                  48

                	
                  Winalite
      Promotional Film

                	
                  set

                	
                  月朗企业宣传片

                	
                  套

                
	
                  49

                	
                  Pocket Book
      - "A princely man cherishes virtue"

                	
                  set

                	
                  《君子怀德》口袋书

                	
                  套

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00168-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00168-of-00352.parquet"}]]