FIRST AMENDMENT TO SHARE EXCHANGE AGREEMENT AND PLAN OF LIQUIDATIONShare Exchange Agreement and Plan of Liquidation • July 9th, 2014 • Aquasition Corp. • Blank checks
THIS FIRST AMENDMENT TO SHARE EXCHANGE AGREEMENT AND PLAN OF LIQUIDATION (this “First Amendment”), dated as of June 21, 2014, is entered into by and among (a) Aquasition Corp., a company organized and existing under the laws of the Republic of the Marshall Islands (“AQU”); (b) KBS International Holdings, Inc., a Nevada corporation (“KBS”); (c) Hongri International Holdings Ltd., a company organized and existing under the laws of the British Virgin Islands (“Hongri” or the “Company”); and (d) Cheung So Wa and Chan Sun Keung, each an individual (each, a “Principal Stockholder”). Each of the foregoing is referred to as a “Party” and together as the “Parties.” Capitalized terms used herein but not defined have the meanings given to them in the Share Exchange Agreement (as defined below).
