In the event of a Change in Control, Executive will be entitled to receive the Severance Payment if such payment is due pursuant to Section 5(b) or 5(c) herein. “ Change in Control ”  means the acquisition by any individual, entity or group (within the meaning of Section 13(d)(3) or 14(d)(2) of the Securities Exchange Act of 1934), other than Daoping Bao, or an affiliate or group of affiliates of Daoping Bao, of substantially all of the assets or beneficial ownership of 50% or more of the then outstanding shares of common stock of the Company.