Attached files

file filename
EX-31.1 - EX-31.1 - Nova Lifestyle, Inc.ex31-1.htm
10-Q - 10-Q - Nova Lifestyle, Inc.novalifestyle10q093016.htm
EX-32.2 - EX-32.2 - Nova Lifestyle, Inc.ex32-2.htm
EX-32.1 - EX-32.1 - Nova Lifestyle, Inc.ex32-1.htm
EX-31.2 - EX-31.2 - Nova Lifestyle, Inc.ex31-2.htm

Exhibit 10.1

TRADEMARK ASSIGNMENT AGREEMENT

THIS ASSIGNMENT AGREEMENT is made between Nova Furniture Limited., a company incorporated in Samoa (the “Assignor”) and Kuka Design Limited, a company incorporated in Hong Kong and having its principal office at Room 901, 9/F, Easey Commercial Bldg., 253-261 Hennessy Road, Wanchai, Hong Kong, (the “Assignee”).

WHEREAS, the Assignor is the owner of the Chinese trademark registration(s) and/or application(s) listed on Schedule A hereto, (the “Trademark(s)”).

WHEREAS, the Assignor has agreed to assign the Trademark(s) to the Assignee, and the Assignee has agreed to accept said assignment.

NOW THEREFORE, for good and valuable consideration in the sum of $6,000,000 USD, the sufficiency of which is hereby acknowledged, the Assignor hereby assigns to the Assignee, its successors and assigns, all its full right to and title in the Trademark(s), together with the goodwill of the business in the goods to which the Trademark(s) pertain. Assignee shall pay the agreed upon consideration in two installments as follows: $1,000,000 USD on or before November 30, 2016, and $5,000,000 USD on or before December 31, 2016.

IN WITNESS WHEREOF, the Assignor and Assignee have caused this Agreement to be executed by their duly authorized officers.
 
 
ASSIGNOR,
 
       
Dated this 10th date of November 2016
By:
/s/ Thanh L. Lam                                                           
 
 
   Thanh H. Lam
 
 
   Director
 
 
   Nova Furniture Limited
 
       
       
   ASSIGNEE,
 
       
       
       
Dated this 10th date of November 2016
By:
/s/ Gu Jiangsheng                                                         
 
   
   GU Jiangsheng
 
   
   Director
 
   
   Kuka Design Limited
 


Schedule A
Assigned Mark(s)
Mark
Registration No.
Registration Date
Country
NOVA
441900400004342
24 March, 2011
China
 
 
 
 
 
 
 
 
 
 
 
 

GSB:8243373.10