KBS International Holdings Inc. - FORM S-1/A - EX-10.18 - EXHIBIT 10.18 - November 8, 2011

Attached files

file filename
S-1/A - FORM S-1/A - KBS International Holdings Inc.forms1a.htm
EX-5 - EXHIBIT 5 - KBS International Holdings Inc.exhibit5.htm
EX-3.2 - EXHIBIT 3.2 - KBS International Holdings Inc.exhibit3-2.htm
EX-3.1 - EXHIBIT 3.1 - KBS International Holdings Inc.exhibit3-1.htm
EX-10.3 - EXHIBIT 10.3 - KBS International Holdings Inc.exhibit10-3.htm
EX-10.4 - EXHIBIT 10.4 - KBS International Holdings Inc.exhibit10-4.htm
EX-10.5 - EXHIBIT 10.5 - KBS International Holdings Inc.exhibit10-5.htm
EX-10.24 - EXHIBIT 10.24 - KBS International Holdings Inc.exhibit10-24.htm
EX-10.23 - EXHIBIT 10.23 - KBS International Holdings Inc.exhibit10-23.htm
EX-10.12 - EXHIBIT 10.12 - KBS International Holdings Inc.exhibit10-12.htm
EX-10.19 - EXHIBIT 10.19 - KBS International Holdings Inc.exhibit10-19.htm
EX-10.25 - EXHIBIT 10.25 - KBS International Holdings Inc.exhibit10-25.htm
EX-10.17 - EXHIBIT 10.17 - KBS International Holdings Inc.exhibit10-17.htm
EX-10.15 - EXHIBIT 10.15 - KBS International Holdings Inc.exhibit10-15.htm
EX-10.26 - EXHIBIT 10.26 - KBS International Holdings Inc.exhibit10-26.htm
EX-10.21 - EXHIBIT 10.21 - KBS International Holdings Inc.exhibit10-21.htm
EX-10.20 - EXHIBIT 10.20 - KBS International Holdings Inc.exhibit10-20.htm
EX-10.14 - EXHIBIT 10.14 - KBS International Holdings Inc.exhibit10-14.htm
EX-10.13 - EXHIBIT 10.13 - KBS International Holdings Inc.exhibit10-13.htm
EX-10.16 - EXHIBIT 10.16 - KBS International Holdings Inc.exhibit10-16.htm
EX-23.1 - EXHIBIT 23.1 - KBS International Holdings Inc.exhibit23-1.htm
EX-23.3 - EXHIBIT 23.3 - KBS International Holdings Inc.exhibit23-3.htm
EX-10.33 - EXHIBIT 10.33 - KBS International Holdings Inc.exhibit10-33.htm
EX-10.35 - EXHIBIT 10.35 - KBS International Holdings Inc.exhibit10-35.htm
EX-10.29 - EXHIBIT 10.29 - KBS International Holdings Inc.exhibit10-29.htm
EX-10.28 - EXHIBIT 10.28 - KBS International Holdings Inc.exhibit10-28.htm
EX-10.31 - EXHIBIT 10.31 - KBS International Holdings Inc.exhibit10-31.htm
EX-10.32 - EXHIBIT 10.32 - KBS International Holdings Inc.exhibit10-32.htm
EX-10.30 - EXHIBIT 10.30 - KBS International Holdings Inc.exhibit10-30.htm
EX-10.27 - EXHIBIT 10.27 - KBS International Holdings Inc.exhibit10-27.htm
EX-10.34 - EXHIBIT 10.34 - KBS International Holdings Inc.exhibit10-34.htm
EX-10.22 - EXHIBIT 10.22 - KBS International Holdings Inc.exhibit10-22.htm

Exhibit 10.18

Termination Agreement

Party A: Bizhen Chen
   
ID Number: 359002197508241028
Address: No.4 Block 1, Yupu Village, Baogai County, Shishi City, Fujian Province.

Party B: Keyan Yan
   
ID Number: 340825197206111314
Address: Room 408, Building 1, #4-52 West Yuanyang Road Shishi City Fujian Province.
   
Party C: Roller Rome Limited
   
Legal Address: Sea Meadow House, Blackburne Highway, Toad Town, Tortola, British
  Virgin Islands.

This Termination Agreement is to terminate the agreement entered into by Party A, Party B and Party C on December 18, 2006 (the “Agreement”) whereby Party C shall have the right to acquire and enjoy all of the equity interests of Hongri (Fujian) Sporting Goods Co., Ltd. (“Hongri”).

Given that Hongri will be changed to a wholly foreign owned enterprise through the share restructuring, Party C agrees to waive all of the rights and interests under the Agreement, which will take effect from the date when Hongri obtains the business license as a wholly foreign owned enterprise.

This Termination Agreement shall be executed in three counterparts with each party holding one counterpart.

 

Date: January 31, 2011

Party A: Bizhen Chen
/s/ Bizhen Chen

Party B: Keyan Yan
/s/ Keyan Yan

Party C: Roller Rome Limited

Authorized Representative: /s/ Keyan Yan on behalf of Roller Rome Limited