Exhibit
        10.1

      


      REDEMPTION
        AGREEMENT

       

      This
        Agreement (the “Agreement”) is made as of the 2nd
        day of
        July, 2008 by and between Samdrew V, Inc., a Delaware corporation having
        its
        offices at 970 Browers Point Branch, Hewlett Neck, New York 11598 (the “Issuer”)
        and Barbra Barth Feldman, an individual with an address at 970 Browers Point
        Branch, Hewlett Neck, New York 11598 (the “Seller”).

      


      WITNESSETH:

       

      WHEREAS,
        the Seller is the owner of 300,000 shares (the “Shares”) of the Issuer’s common
        stock, par value $.0001 per share (“Common Stock”); and

       

      WHEREAS,
        the Seller desires to sell to the Issuer, and the Issuer desires to purchase
        from the Seller, all 300,000 Shares owned by the Seller, on and subject to
        the
        terms of this Agreement;

       

      WHEREFORE,
        the parties hereto hereby agree as follows:

       

      1  Sale
        of the Shares.
        Subject
        to the terms and conditions of this Agreement, and in reliance upon the
        representations, warranties, covenants and agreements contained in this
        Agreement, the Seller shall sell the Shares to the Issuer, and the Issuer
        shall
        purchase the Shares from the Seller for an aggregate purchase price (the
        “Purchase Price”) equal to two hundred dollars ($200). 

       

      2  Closing.
        The
        purchase and sale of the Shares shall take place upon execution and delivery
        of
        this Agreement (the “Closing”), to be held at such time and place as shall be
        determined by the parties. At the Closing, the Seller shall deliver to the
        Issuer certificates for the Shares, duly endorsed in form for transfer to
        the
        Issuer and the Issuer shall pay the Purchase Price to Seller. 

       

      3  Representations
        of Seller.
        

       

      3.1  Seller
        has all necessary power and authority to enter into and to perform her
        obligations hereunder. This Agreement constitutes the valid and binding
        obligation of Seller, enforceable against her in accordance with its terms,
        subject to: (i) laws of general application relating to bankruptcy, insolvency
        and the relief of debtors and (ii) rules of law governing specific performance,
        injunctive relief and other equitable remedies.

       

      3.2  Seller
        owns all rights, titles and interests in and to, and has the rights to transfer
        to the Issuer, in connection with the redemption provided for herein, all
        of the
        Shares being redeemed by the Issuer, pursuant to the terms of this Agreement,
        free and clear of all liens, security interests, charges and other
        encumbrances.

       

      4  Representations
        of Issuer

       

      4.1  The
        Issuer is a corporation duly organized, validly existing and in good standing
        under the laws of the State of Delaware.

       

      4.2  The
        Issuer has all necessary corporate power and authority to enter into and
        to
        perform its obligations under this Agreement, and the execution, delivery
        and
        performance by the Issuer of this Agreement have been duly authorized by
        all
        necessary action on the part of the Issuer and its board of directors. This
        Agreement constitutes the valid and binding obligation of the Issuer,
        enforceable against the Issuer in accordance with its terms, subject to:
        (i)
        laws of general application relating to bankruptcy, insolvency and the relief
        of
        debtors and (ii) rules of law governing specific performance, injunctive
        relief
        and other equitable remedies.

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      5  Miscellaneous.
        This
        Agreement constitutes the entire agreement of the parties, superseding and
        terminating any and all prior or contemporaneous oral and written agreements,
        understandings or letters of intent between or among the parties with respect
        to
        the subject matter of this Agreement. No part of this Agreement may be modified
        or amended, nor may any right be waived, except by a written instrument which
        expressly refers to this Agreement, states that it is a modification or
        amendment of this Agreement and is signed by the parties to this Agreement,
        or,
        in the case of waiver, by the party granting the waiver. If any section,
        term or
        provision of this Agreement shall to any extent be held or determined to
        be
        invalid or unenforceable, the remaining sections, terms and provisions shall
        nevertheless continue in full force and effect. This Agreement shall be governed
        and construed in accordance with the laws of the State of New York applicable
        to
        agreements executed and to be performed wholly within such State, without
        regard
        to any principles of conflicts of law. This Agreement shall be binding upon
        the
        parties and their respective heirs, executors, administrators, legal
        representatives, successors and assigns; provided, however, that neither
        party
        may assign this Agreement or any of its rights under this Agreement without
        the
        prior written consent of the other party. This Agreement may be executed
        simultaneously in two or more counterparts, each of which shall be deemed
        an
        original but all of which together shall constitute one and the same
        instrument.

       

      IN
        WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly
        executed as of the date first above written. 

      


      
        	 	
                /s/
                  Barbra Barth Feldman  

              	
              
	 	
                BARBRA
                  BARTH FELDMAN

              


      

       

      
        	 	
                SAMDREW
                  V, INC.

              
	 	 
	 	
                By:

              	
                /s/
                  Melvin F. Lazar

              
	 	 	
                Melvin
                  F. Lazar, Chief Executive
                  Officer