Agreement re Operating Subsidiary DividendInfrared Systems International • March 26th, 2008 • Measuring & controlling devices, nec
The undersigned investor (“Investor”), in partial consideration for the issuance of Common Stock of China Sxan Biotech, Inc. (“CSBI”) by CSBI to Investor, hereby covenants and agrees as follows:
SHARE PURCHASE AND MERGER AGREEMENT by and among Advance Technologies Inc. SXAN Acquisition Corp. and American SXAN Biotech, Inc. Dated as of May 24, 2007 SHARE PURCHASE AND MERGER AGREEMENTShare Purchase and Merger Agreement • March 26th, 2008 • Infrared Systems International • Measuring & controlling devices, nec • Nevada
Share Purchase and Merger Agreement (the “Agreement”) dated as of May 24, 2007 by and among Advance Technologies Inc., a corporation formed under the laws of the State of Nevada (“AVTX”), SXAN Acquisition Corp., a corporation newly formed under the laws of the State of Delaware and a wholly owned subsidiary of AVTX (the “Merger Sub”), American SXAN Biotech, Inc., a corporation formed under the laws of the State of Delaware (“SXAN”), the individual who is identified on the signature pages of this Agreement as the Investor (“Investor”), and Gary Ball and Wendy Ball (the “Principal Shareholders”). Each of AVTX, the Merger Sub, SXAN and each of the Investors or the Principal Shareholders is referred to herein individually as a “Party” and all are referred to collectively as the “Parties.”
