HH Biotechnology 8K Entry into a Material Definitive Agreement | HHBT 9 Nov 07

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Article I:	Party A authorizes Party B to search for the Investor, when Party B found the Investor for Party A, then both Parties sign the Confirmation of Investor. If Party A and the Investor indicating in the Confirmation of Investor signed the definitive contract and completed the share equity transferring, Party A agrees to pay an amount of RMB65,000,000 yuan as commission to Party B.

Article II:	After Party B introduces the Investor signing the Letter of Intent and paying the deposit, the action will be considered as the Investment Medium Contract coming to effect.

Article III:	Method of commission payment:When Party A receives the payment from the Investor (the deposit is not included), Party A shall start paying the commission to Party B pursuant to the schedule and percentage of the payment by the Investor (Only good with the Hong Kong Bank Account indicated by Party B) and completing within 7 working day.

Article IV:	Non-overstepping Term:Party A shall not overstep any of the contract signed by Party B and the Investor.

Article V:	Any one of both Party A and Party B breaching the Contract should compensate all the economic loss brought to the other party due to the breaching.

Article VI:	For the disputation raised in the Contract, both parties should negotiate for solution, if the negotiation fails, both parties should ask for arbitration from the local arbitration committee where the contract was signed.

HH Biotechnology (HHBT) Inactive 8-KEntry into a Material Definitive Agreement