0001144204-09-025800 Sample Contracts

THIS PUT AND CALL OPTION AGREEMENT (this “Agreement”) is made on December 10, 2008 BETWEEN: WHEREAS: IT IS AGREED as follows:
Put and Call Option Agreement • May 12th, 2009 • Modern Develop LTD • Blank checks • New York
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JOINT FILING AGREEMENT
Joint Filing Agreement • May 12th, 2009 • Modern Develop LTD • Blank checks

In accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended, the persons named below agree to the joint filing on behalf of each of them of a statement on Schedule 13D (including amendments thereto) with respect to the common stock of Pantheon China Acquisition Corp. and further agree that this Joint Filing Agreement be included as an Exhibit to such joint filings. In evidence thereof, the undersigned, being duly authorized, have executed this Joint Filing Agreement this 26th day of March, 2009.

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