Subscription Confirmation Clause Samples

Subscription Confirmation. PRIVATE & CONFIDENTIAL ------------------------------------------------------------- September 21, 2005 To : China Pharmaceuticals International Corporation ▇▇▇▇ ▇▇▇▇, ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇ ▇▇▇▇ Attn : ▇▇. ▇▇▇▇ ▇▇ ▇▇▇▇ Executive Director (Fax No: ▇▇▇▇ ▇▇▇▇) Dear Sirs, CHINA PHARMACEUTICALS INTERNATIONAL CORPORATION (THE "COMPANY") - PLACING OF 7,500,000 NEW SHARES (THE "PLACING SHARES") IN THE ISSUED SHARE CAPITAL OF THE COMPANY AT US$0.01 PER SHARE (THE "PLACING PRICE") (THE "PLACING") We refer to your Subscription Offer Letter dated September 16, 2005 (the "Subscription Offer Letter") in relation to the captioned subject. Terms used in this letter shall have the same meanings as defined in the Subscription Offer Letter, unless the context requires otherwise. We hereby confirm receipt of the Subscription Offer Letter, and acknowledge and accept all the terms and conditions as set out therein and confirm that these terms and conditions are those of our oral contract to your representative for our/my subscription as principal from the Company of 7,500,000 subscription shares (the "Subscription Shares") at the Subscription Price of US$0.01 per share for the total subscription of US$75,000.00 We undertake to pay the consideration for the Subscription Shares of US$75,000.00 on or before the Settlement Date as set out in the Subscription Offer Letter by a cashier order drawn on a licensed bank in Hong Kong or China. Further more, we hereby confirm that: -