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Agreement

Joint Venture JV Agreement

Agreement | Document Parties: CHINA BIOLOGIC PRODUCTS, INC. | Shandong Taibang Biological Products Co, Ltd | Xi'an Huitian Blood Products Co, Ltd You are currently viewing:
This Joint Venture JV Agreement involves

CHINA BIOLOGIC PRODUCTS, INC. | Shandong Taibang Biological Products Co, Ltd | Xi'an Huitian Blood Products Co, Ltd

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Title: Agreement
Date: 10/16/2008

Agreement, Parties: china biologic products  inc. , shandong taibang biological products co  ltd , xi'an huitian blood products co  ltd
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Exhibit 10.4

Agreement

Party A: Logic Express Ltd.
Party B: Shandong Biological Products Research Institute
Party C: Shandong Taibang Biological Products Co., Ltd.

The above three Parties agree that Party A entrusts Party C for investment in Xi'an Huitian Blood Products Co., Ltd. ("Huitian"). According to the principles of good faith, equality and mutual benefits, equivalence and voluntariness, after full consultation the three Parties agree as follows in regards to relevant issues:

1.

Party A entrusts Party C to invest in Huitian (i.e. to acquire 35% of the equity interest in Huitian). All the investment capital involved in this acquisition shall be procured by Party A on its own, while actual acquisition procedures shall be performed in the name of Party C.

2.

After commencement of acquisition, Party A shall responsible for handling all the investment in Huitian and its daily operation and management; all the incurred costs, fees, liabilities, losses, rights and profits, and all the human resources, assets and properties involved by Huitian shall be borne or enjoyed by Party A. Party C shall perform relevant tasks according to Party A's instruction. Without consent of Party A, Party C shall not exercise any right of management or investment return in Huitian.

3.

Party A provide security interests to Party C with all its equity interest Party A holds in Party C for any possible losses caused by such entrusted investment. The amount of such losses shall be based on the appraisal results produced


 
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