Document:

cvtv_ex101.htm

EXHIBIT 10.1
  
 SUBSCRIPTION AGREEMENT
  
 Common Stock
 of
 China VTV Ltd.
  
 This subscription agreement (this “Subscription”) is dated as of the last date on the Signature Page of this Agreement, by and between the investor identified on the signature page hereto (the “Investor”) and China VTV Ltd., a Nevada corporation (the “Company”). The parties agree as follows:
  
 1. Subscription.
  
 Investor agrees to buy and the Company agrees to sell and issue to Investor such number of Company’s common stock (the “Shares”), par value $0.001 per share, as set forth on the signature page hereto, for an aggregate purchase price (the “Purchase Price”) equal to the product of (x) the aggregate number of Shares the Investor has agreed to purchase and (y) the purchase price per Share as set forth on the signature page hereto.
  
 The Shares are being offered pursuant to a registration statement on Form S-1, File No. 333-248495 (the “Registration Statement”). The Registration Statement will be declared effective by the Securities and Exchange Commission (the “Commission”) prior to issuance of any Shares and acceptance of Investor’s subscription. The prospectus (the “Prospectus”), which forms a part of the Registration Statement, however, is subject to change. A final prospectus and/or prospectus supplement will be delivered to the Investor as required by law.
  
 The Shares of the Company’s common stock are being offered by the Company in the amount of up to $48,000,000. The offering will terminate at the earlier of (i) the date at which $48,000,000 of our Shares have been sold; (ii) the date on which this offering is terminated by the Company in its sole discretion; or (iii) one hundred and eighty (180) days from the effectiveness of the Registration Statement. 
  
 The completion of the purchase and sale of the Shares (the “Closing”) shall take place at a place and time (the “Closing Date”) to be specified by the Company. Upon satisfaction or waiver of all the conditions to closing set forth in the preliminary prospectus contained in the Registration Statement when it is declared effective by the Commission and acceptance of the completed subscription agreement by the Company, at each Closing (i) the Investor shall pay the Purchase Price by wire transfer of immediately available funds to the Company’s bank account (the “Offering Deposit Account”) per wire instructions as provided on the signature line below, and (ii) the Company shall cause the Shares to be delivered to the Investor (A) through the facilities of The Depository Trust Company’s DWAC system in accordance with the instructions set forth on the signature page attached hereto under the heading “DWAC Delivery Instructions,” or (B) if requested by the Investor on the signature page hereto or if the Company is unable to make the delivery through the facilities of The Depository Trust Company’s DWAC system, through the book-entry delivery of Shares on the books and records of the transfer agent in accordance with the instructions set forth on the signature page attached hereto under the heading “DRS Electronic Book Entry Delivery Instructions.” If delivery of the Shares is made by book entry on the books and records of the transfer agent, the Company shall send written confirmation of such delivery to the Investor at the address indicated on the Signature Page hereof. No fractional Shares shall be purchased and any excess funds representing fractional Shares shall be rounded down to the nearest whole share. By payment for the Shares, the Investor acknowledges receipt of the Registration Statement and any amendment, the terms of which govern the investment in the Shares. 
  
 2. Subscription Process.
  
 To purchase our Shares in this offering, the Investor must complete and sign a subscription agreement. Investors will be required to pay for their Shares by wire or ACH transfer for the full Purchase Price of the Shares. Subscriptions will be effective only upon our acceptance of the subscriptions, and we reserve the right to reject any subscriptions in whole or in part. The Company requires that each Investor purchase at least $500 or 125 Shares (the “Minimum Investment Amount”) in this offering.
  
 	 
	 1 | Page

	

	 

 
  
 After the Company notifies the Investor its acceptance of the completed subscription agreement, the Investor shall make a payment(s) of the Purchase Price as set forth below. Payments may only be made by wire transfer or ACH transfer, and no payments may be made by check. With regards to monies being wired or sent via ACH transfer from an Investor’s bank account, the Company shall request the Investor send his or her wires or ACH transfers by the second (2nd) business day immediately following the Company’s acceptance of the Investor’s completed subscription document. In regards to monies being sent from an Investor’s account held at a broker, the funds will be “promptly transmitted” to the Offering Deposit Account following the receipt of the Company’s acceptance of the investor’s completed subscription document and completed instructions by the Investor to send funds to the Offering Deposit Account. Absent unusual circumstances, funds in brokerage accounts will be transmitted by noon of the next business day. In the event that the offering does not close for any reason prior to the termination date set forth in the Registration Statement, all funds deposited in the Offering Deposit Account will be returned to the Investors, without interest or deduction, by noon of the second Banking Day following termination in accordance with this Agreement and applicable law. A “Banking Day” is any day other than a Saturday, Sunday or a day that a New York State chartered bank is not legally obligated to be open.
  
 3. Investor Representations.
  
 a. Investor represents that it has received (or otherwise had access to the electronic filing on the SEC website) the Prospectus prior to or in connection with receipt of this Agreement.
  
 b. Investor represents that it understands and acknowledges that Investor’s subscription for the Shares indicated on the Signature Page hereto may be accepted or rejected in whole or in part by the Company, for any reason and in their sole and absolute discretion. The Investor further represents that it understands that the Company has not arranged to place the funds from Investor in an escrow, trust or similar account and all funds for subscriptions in the offering will be transmitted to the Company’s Offering Deposit Account for immediate use by the Company. As a result, upon execution of the subscription agreement by the subscriber and acceptance by the Company, such subscription is irrevocable. 
  
 4. FINRA Rules 5130 and 5131.
  
 This rule states that “restricted persons” are prohibited from participating in new issue offerings. Please review the following definition of a “restricted person” on Schedule A prior to signing this form acknowledging you do not fall into ‘“restricted person” status.
  
 The undersigned hereby represents and warrants as of the date set forth below that:
  
 		 i.
	 The undersigned is the holder of the account identified below or is authorized to represent the beneficial holders of the account;

 
  
 		 ii.
	 Neither the undersigned nor any beneficial holder of the account is a “restricted person” as that term is described in FINRA Rule 5130 (described in Schedule A); and

 
  
 		 iii.
	 The undersigned understands FINRA. Rule 5130 and the account is eligible to purchase new issues in compliance with such rule.

 
  
 	 
	 2 | Page

	

	 

 
   
 5. Miscellaneous.
  
 This Subscription Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument and shall become effective when counterparts have been signed by each party and delivered to the other parties hereto, it being understood that all parties need not sign the same counterpart. Execution may be made by delivery by facsimile or via electronic format.
  
 This Subscription Agreement will be governed by and construed in accordance with the internal laws of the State of New York, without giving effect to the principles of conflicts of law that would require the application of the laws of any other jurisdiction.
   
 All communications hereunder, except as may be otherwise specifically provided herein, shall be in writing and shall be mailed, hand delivered, sent by a recognized overnight courier service such as FedEx, or sent via facsimile and confirmed by letter, to the party to whom it is addressed at the following addresses or such other address as such party may advise the other in writing:
   
 To the Company: as set forth on the signature page hereto.
  
 To the Investor: as set forth on the signature page hereto.
  
 All notices hereunder shall be effective upon receipt by the party to which it is addressed.
  
 If the foregoing correctly sets forth the parties’ agreement, please confirm this by signing and returning to the Company the duplicate copy of this Subscription Agreement.
  
 Please email back the completed Subscription Agreement to Merry Tang at tangcpafirm@gmail.com.
  
 	 
	 3 | Page

	

	 

 
   
 [Signature Page to Subscription Agreement for China VTV Ltd.]
  
 If the foregoing correctly sets forth the parties agreement, please confirm this by signing and returning to us the duplicate copy of this Subscription Agreement.
  
 		  
	 China VTV Ltd.
	
					  

	 Number of Shares:_________________________
	  
	 By:
		
	 				  

	 Purchase Price per Share: $4.00 per share__________
	  
	 Name:
		
	 			  

	 Aggregate Purchase Price: $____________________
	  
	 Title:
		
				
		  
	 Address Notice:

		  
	 393 Jaffe Road, Suite 17A
 Wan Chai, Hong Kong

 
  
 INVESTOR NAME:__________________________
  
 	 Signature:
		  
	 Address:
	
					  

	 Co-Signor Name (if applicable):
				
					  

	 Title:
		  
	 Phone:
	
					  

	 Date:
		  
	 SSN or EIN:
	

 
  
 ☐ Please wire $____________________from my account held at:________________________
  
 Account Title:_______________________________; Account Number:_____________________
  
 To the following instructions:
  
 ABA Routing No:
 SWIFT Code:
 Bank Name: East West Bank
 Bank Address: 
 Beneficiary Account Name:
 Beneficiary Account No:
 Beneficiary Address:
  
 	 By:
		  
	 Date:_______________ , 2020

				  

	 Name:
			
				  

	 Title:
			

 
  
 	 
	 4 | Page

	

	 

 
   
 Select method of delivery of Shares:
  
 ☐ DWAC DELIVERY
  
 DWAC Instructions:
  
 	  
	 1.
	
		  
	 Name of DTC Participant (broker dealer at which the account or accounts to be credited with the Shares are maintained)

	  
	 2.
	
		  
	 DTC Participant Number

	  
	 3.
	
		  
	 Name of Account at DTC Participant being credited with the Shares

	  
	 4.
	
		  
	 Account Number of DTC Participant being credited with the Shares

 
  
 ☐ DRS Electronic Book Entry Delivery Instructions:
  
 Name in which Shares should be issued:_______________________________________
  
 	 Address:
		  
	 Telephone No.:
	

 
  
 Please email back the completed Subscription Agreement to
 Merry Tang at tangcpafirm@gmail.com
  
 	 
	 5 | Page

	

	 

 
  
 SCHEDULE A
  
 		 a)
	 FINRA Member Firms or other Broker/Dealers

 
  
 		 b)
	 Broker-Dealer Personnel

 
  
 		 ·
	 Any officer, director, General partner, associated person or employee of a member firm or any other Broker/dealer.

 
  
 		 ·
	 Any agent of a member firm or any other Broker/dealer that is engaged in the investment banking or securities business

 
  
 		 ·
	 Any immediate family member of a person specified above. Immediate family members include a person’s parents, mother-in-law or father-in-law, spouse, brother or sister, brother-in-law or sister-in-law, son-in-law or daughter-in law, and children.

 
  
 		 i.
	 Person that materially supports or receives material support from the immediate family member.

 
  
 		 ii.
	 Person employed by or associated with the member, or an affiliate of the member, selling the new issue to the immediate family member.

 
  
 		 iii.
	 Person that has an ability to control the allocation of the new issue.

 
  
 		 c)
	 Finders and Fiduciaries. With respect to the security being offered, a finder or any person acting in a fiduciary capacity to the managing Placement Agent, including, but not limited to, attorneys, accountants, and financial consultants; and any immediate family members (or person(s) receiving material support or receives material support from the family member) of a person identified as a Finder or Fiduciary.

 
  
 		 d)
	 Portfolio Managers

 
  
 		 a.
	 Any person who has authority to buy or sell securities for a bank, savings and loan institution, insurance company, investment company, investment advisor, or collective investment account.

 
  
 		 b.
	 Any immediate family member of a person specified under portfolio Managers that materially supports, or receives material support from such person.

 
  
 		 e)
	 Persons Owning a Broker/Dealer

 
  
 		 a.
	 Any person listed, or required to be listed, in Schedule A of a Form BD, except persons identified by ownership of less than 10%.

 
  
 		 b.
	 Any person listed, or required to be listed, in Schedule B of a Form BD, except persons identified by ownership of less than 10%.

 
  
 		 c.
	 Any person listed, or required to be listed, in Schedule C of a Form BD that meets the criteria of (e)(bullet point 1) or (e) (bullet point 2) above.

 
  
 		 d.
	 Any person that directly or indirectly owns 10% or more of a public reporting company listed, or required to be listed, in Schedule B of a Form BD.

 
  
 		 e.
	 Any person that directly or indirectly owns 25% or more of a public reporting company listed, or required to be listed, in Schedule B of a Form BD.

 
  
 		 f.
	 Any immediate family member of a person specified in (5) (bullet points 1-5) unless the person owning the Broker/dealer:

 
  
 		 i.
	 Does not materially support, or receive material support from the immediate family member.

 
  
 		 ii.
	 Is not an owner of the member, or an affiliate of the member, selling the new issue to the immediate family member.

 
  
 		 iii.
	 Has no ability to control the allocation of the new issue.

 
  
  
 	 
	 6 | Pagecvtv_ex102.htm

EXHIBIT 10.2
  
 Summary Translation 
  
 of
  
 Lease Agreement
  
 By and Between
  
 Beijing Fanrui Asset Management Co., Ltd.
  
 and
  
 Butterfly Effect Culture Media (Beijing) Co., Ltd.
   
 	 
	 1 | Page

	

	 

 
  
 This Lease Agreement (the “Agreement”) was entered into by the parties on September 22, 2017 in Chaoyang District, Beijing, China. 
  
 Lessor: Beijing Fanrui Asset Management Co., Ltd.
  
 Address: *
  
 Contact: *
  
 Phone: *
   
 Leasee: Butterfly Effect Culture Media (Beijing) Co., Ltd.
  
 Address: *
  
 Contact: *
  
 Phone: *
   
 Article 1
  
 1.1 The leased property is located in the community “***”, Building F 16 (the “Property”), of an aggregate of 677.34 square meters. The rend and other fees and expenses shall be based on this size of the Property, regardless of the actual size of the Property. 
  
 1.2 The Exhibit 3 lists the Property’s current appliances, decorations, and other equipment.
  
 1.3 The use of this Property is solely for office purposes. Without prior governmental approval and the Leasor’s consent, the Leasee shall not change and alter the use of this Property. 
  
 1.4 The Leasee understands and acknowledges that the Leasor has the right to manage, lease and sublet this Property. 
   
 Article 2
  
 2.1 This Agreement has a term of three years, from 9.22.2017 to 9.21.2020. 
  
 2.2. The first three months are free for the Leasee to renovate the Property. However, the Leasee shall pay for the HOA at a price of RMB 0.65 per square meter per day during the first three months.
  
 2.3 The Leasee shall move into this Property on or before 12.21.2018.
  
 2.4 The Leasee has the obligation to pay the rent in a timely manner in full as set forth in section 2.1.
   
 	 
	 2 | Page

	

	 

 
   
 Article 3
  
 3.1 Rent
    
 3.1.1 Standard: From 9.22.2017 to 9.21.2019, the monthly rent shall be RMB 123,614.55 or the annual rent shall be RMB 1,483,374.60.
  
 3.1.2 During the third year of the this lease, the rent shall increase by 8%. 
  
 3.1.3 From 9.22.2019 to 9.21.2020, the monthly rent shall be RMB 133,503.71 or the annual rent shall be RMB 1,602,044.52.
  
 3.2 Deposit
  
 The Leasee shall pay to the Leasor a deposit equal to three months of rent in an account managed by the Leasor, which does not bear any interest. *** 
  
 Return of the Deposit: within 70 days after the end of this Term, the Leasor shall return the Deposit to the Leasee without interest only if all of the following conditions are met:
  
 	  
	 i) 
	The full Term shall have lapsed;
	  
	 ii) 
	No violation of the property management company’s rules;
	  
	 iii) 
	The Leasee shall have vacated from the Property;
	  
	 iv) 
	The Property shall have remained in a good condition;
	  
	 v) 
	All fees and rent have been fully paid by the Leasee; and
	  
	 vi) 
	The Leasee has updated its business address or terminated its business.

 
   
 3.3 Payments 
  
 The Leasee shall make a payment of six months of rent each time according to the Rent Payment Timeline, attached as Exhibit 1.
  
 3.4 Leasor’s Bank Account
  
 *
  
 3.5 *
  
 Article 4 Delivery of the Property
  
 *** 
  
 Article 5 Miscellaneous Fees and Expenses
  
 *** 
  
 Article 6 Use of the Property and Maintenance Obligations
  
 ***
  
 Article 7 The Leasor’s Undertakings, Rights and Obligations
  
 ***
  
 	 
	 3 | Page

	

	 

 
   
 Article 8 The Leasee’s Rights and Obligations
  
 ***
  
 8.12 This Agreement shall terminate automatically at the end of its Term unless the Leasee notifies the Leasor its intent to renew the lease with at least three months of advance notice. Under the same terms, the Leasee has the first right of refusal to lease the Property if the Leasee gives proper notice. If the Leasee does not give notice to renew the lease at least three months prior to the end of this Agreement, the Leasor shall have the right to arrange visits with potential leasors and post leasing advertisements at proper places reasonable to the Leasee. 
  
 8.13 without prior written consent, the Leasee shall not sublet this Property to any third party. 
  
 Article 9 Notice and Delivery
  
 *** 
  
 Article 10 Events of Default
  
 *** 
  
 Article 11 Termination
  
 11.1 This Agreement shall terminate automatically upon the end of its Term. Upon termination of this Agreement, the Leasee shall return the Property to the Leasor and the Leasor shall sign the confirmation of return of the Property upon complete inspection of the Property.
  
 11.2 At the termination of this Agreement, any fixtures, improvements, or decoration in the Property shall belong to the Leasor without any additional charge against the Leasor. Upon termination, the Leasee shall not damage the Property intentionally and the Leasor shall have the right to dispose such fixtures, improvements, or decorations. 
  
 Article 12 Dispute Resolution
  
 ***
   
 Article 13 Waivers and Force Majeure
  
 *** 
  
 Article 14 Confidentiality 
  
 14.1 The parties agree that any information related to this Agreement, including any discussion about this Agreement, is confidential in nature as long as such information is not known to the public. 
  
 14.2 ***
  
 	 
	 4 | Page

	

	 

 
   
 14.3 A party may disclose the information as described in section 14.1 as required by applicable laws or governmental requirements and such disclosure shall not be deemed as a violation of this Agreement. Meanwhile, the Leasor reserves its right to dispose its equity interest in the Property and such disposal shall not constitute a violation of this Agreement.  
  
 Article 15 Miscellaneous
  
 ***
  
  
 [SIGNATURE PAGE]
  
  
 The Leasor
  
 Beijing Fanrui Asset Management Co., Ltd.
  
 Date: 2017.9.21
  
 Corporate seal 
  
 The Leasee
  
 Butterfly Effect Culture Media (Beijing) Co., Ltd.
  
 Date: 2017.9.21
  
 Corporate seal
  
  
 	 
	 5 | Page

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00314-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00314-of-00352.parquet"}]]