Back to top

Shares Pledge Agreement

Stock Pledge Agreement

Shares Pledge Agreement | Document Parties: Green Planet Bioengineering Co, Ltd | Jiangle Jianlong Mineral Industry Co, Ltd You are currently viewing:
This Stock Pledge Agreement involves

Green Planet Bioengineering Co, Ltd | Jiangle Jianlong Mineral Industry Co, Ltd

. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here.
Title: Shares Pledge Agreement
Date: 10/29/2008

Shares Pledge Agreement, Parties: green planet bioengineering co  ltd , jiangle jianlong mineral industry co  ltd
50 of the Top 250 law firms use our Products every day

 

Shares Pledge Agreement

 

This Agreement was signed by both parties in Fuzhou, Fujian Province, P.R.C. on July 25, 2008.

 

Pledger (hereinafter referred to as Party A) :

Zhao Min,  A citizen of P.R.C.,

And the Identity Card Number: 350111196808040358

Zheng Minyan,  A citizen of P.R.C.,

And the Identity Card Number: 350402801017202

Jiangle Jianlong Mineral Industry Co., Ltd.,

And the Business License Number: Qi He Ming Zong Fu Zi No.000264

 

Pledgee (hereinafter referred to as Party B) :  

Green Planet Bioengineering Co., Ltd.

Registered Address:

#666 of Mingdu Mansion, #126, Gong Ye Nan Road, Sanming City

 

Whereas:

 

1. Since the date when this agreement is signed, the members of Party A are the only shareholders of Sanming Huajian Bio-Engineering Co., Ltd. (The “Sanming Huajian”), and hold all of the equity of Sanming Huajian.

 

2. Party B is a wholly foreign-owned company established under the laws of P.R.C., and registered at Administration of Industry and Commerce Bureau of Sanming, with the legally valid business license number 350400400003046;

 

3. Sanming Huajian is an enterprise registered in Sanming City, Fujian Province, and legally existing to date. The number of its business license is 350400100007408.

 

4. Sanming Huajian and Party B have signed the Entrusted Management Agreement dated July 25, 2008 and Exclusive Option Agreement dated July 25, 2008 . The management of Sanming Huajian is entrusted to Party B. In order to protect the interests of Party B, Party A agree to pledge 100% of the shares of Sanming Huajian they owned to Party B.

 

5. Party B accepts the pledge of Sanming Huajian’s 100% shares by Party A.

 

Therefore , in accordance with applicable laws and regulations of the People’s Republic of China, the Parties hereto reach the Agreement through friendly negotiation in the principle of equality and mutual benefit and abide by.

 

 

 


 

Article 1 Guaranteed Obligations

 

The shares are being pledged to guarantee all of the rights and interests Party B is entitled to under all related agreements by and between both parties.

 

Article 2 Pledged Properties

 

The pledged properties are 100% of the shares of Sanming Huajian that are currently held by Party A and the proceeds thereof.

 

Article 3 Scope of Guaranteed Obligations

 

The scope of the guaranteed obligations is all rights and interests Party B is entitled to in accordance with all the agreements signed by


 
SITE SEARCH

AGREEMENTS / CONTRACTS

Document Title:

Entire Document: (optional)

Governing Law:(optional)


Try our advanced search >>
 

CLAUSES

Search Contract Clauses >>

Browse Contract Clause Library>>

Get Email Updates
Email:
This is only a partial view of this document. We have millions of legal documents and clauses drafted by top law firms. learn more search for free browse for free learn more