CHINA HEALTH HOLDING INC.
PARK
PLACE, Suite 600 -
666 Burrard Street, Vancouver, BC, Canada V6C 2X8
Tel
: 604-608-6788………………Fax:
604-608-8786
May
6, 2005
Messrs.
Michael Baybak and George Duggan
National
Media Associates
4515
Ocean View Blvd., Ste. 305
La
Canada, California 91011
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Re:
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Termination
of Consulting Agreement
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| |
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dated August 8, 2004, as amended on September 6,
2004
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Dear
Messrs. Baybak and Duggan:
As
described in a letter from corporate counsel to China Health
Holding, Inc. (the “Company”), Sichenzia Ross
Friedman Ference LLP (“Counsel”), dated April 22,
2005, National Media Associates has failed to perform its
obligations under its Consulting Agreement with the Company
dated August 8, 2004, as amended on September 6, 2004 (the
“Agreement”). In response to Counsel’s April
22, 2005 letter, National Media Associates and its
Vice-President, Mr. Baybak, indicated their willingness to
mutually terminate the Agreement and return 700,000 of the
1,000,000 shares of common stock of the Company that were
issued in the name of Michael Baybak.
This
letter will confirm the Company’s intention to terminate
the Agreement for the reasons described in Counsel’s
April 22, 2005 letter. Upon execution of this letter, the
Agreement and any and all obligations of either of the parties
arising from such Agreement, shall, in all respects, be deemed
to be null and void and of no further force and effect. In
addition, upon execution of this letter, National Media
Associates and Michael Baybak hereby agree:
(i)
to return and cancel 700,000 shares (the “Shares”)
of common stock of the Company that were issued in
the
