0001104659-05-050289 Sample Contracts

EXCHANGE AGREEMENT
Exchange Agreement • October 26th, 2005 • Stonepath Group Inc • Services-management consulting services • Delaware

EXCHANGE AGREEMENT (this “Agreement”) dated as of the 7th day of October, 2005 by and among STONEPATH HOLDINGS (HONG KONG) LIMITED, a company incorporated under the laws of Hong Kong (“Holdings”), STONEPATH GROUP, INC., a Delaware corporation (“Group”), HONG KONG LEAGUE CENTRAL CREDIT UNION, a company incorporated under the laws of Hong Kong (“Lender”), and SBI ADVISORS, LLC, a California limited liability company, in its capacity as agent for Lender (“Agent”).

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