Document:

Agreement for Purchase and Sale of Stock

    AGREEMENT
      FOR PURCHASE AND SALE OF STOCK

    

    This
      Agreement for Purchase and Sale of Stock ("Agreement") is made and deemed
      effective as of January 31, 2007, by and between Ralph Massetti (referred to
      as
      "Seller"), on one side, and Scott Gallagher and 221 Fund, LLC /or his assigns,
      successors and/or nominees (referred to as "Purchaser"), on the other side,
      with
      reference to the herein recitals, terms and conditions.

    

    RECITALS

    

    A.
      Seller
      is a shareholder of record and, in some instances, either current or former
      directors of SalesRepCentral.com, Inc., a Nevada Corporation (the
      "Corporation");

    

    B.
      Purchaser desires to purchase and Seller desire to sell or cause to be sold
      a
      certain number of common shares of the Corporation’s stock as identified in
      Exhibit "A" (the "Stock") upon the terms and subject to the conditions
      hereinafter set forth;

    

     C.
      Purchaser further desires to be retained by the Corporation as Chairman of
      the
      board of directors and Chief Executive Officer in conjunction with consummation
      of the transaction contemplated by this Agreement;

    

     NOW,
      THEREFORE,
      in
      consideration of the mutual covenants and agreements contained in this
      Agreement, it is hereby agreed as follows:

    

    AGREEMENT

    

    1.0
      Purchase
      and Sale; Closing.

    

    1.1
      Purchases
      and Sale of Corporation’s Common Stock.

    Subject
      to the terms and conditions hereinafter set forth, at the closing of the
      transaction (defined below) contemplated hereby, Seller shall collectively
      sell,
      convey and transfer, or cause to be sold, conveyed or transferred, the Stock
      and
      deliver to Purchaser certificates representing the Stock, and the Purchaser
      shall purchase from the Seller the Stock in consideration of the purchase price
      set forth in Section 2, below. The certificates representing the Stock shall
      be
      duly endorsed for transfer or accompanied by appropriate stock transfer powers
      duly executed in blank, in either case with signatures guaranteed in the
      customary fashion, and shall have all the necessary documentary transfer tax
      stamps affixed thereto at Sellers' sole expense.

    

    1.2
      Procedure
      for Closing.

    The
      closing of the transaction contemplated by this Agreement shall be held at
      FTS
      Group, Inc. 7610 West Hillsborough Ave., Tampa, Florida 33615, on January 22,
      2007, at 1:00 p.m. EST, or such other place, date and time as the parties hereto
      may otherwise agree (such date to be referred to in this Agreement as the
      "Closing Date").

    

    1.3
      Deliveries
      by Sellers.

    On
      the
      Closing Date, Sellers shall deliver to Purchaser the following:

    

    A. Those
      certificates evidencing the Stock as set forth in Section 3.2, below;
      and

    B. Executed
      resignation of Ralph Massetti; and

    C. Executed
      copies of the LockUp/Leak-out Agreements of the Seller and Finder.

    

    1.4
      Deliveries
      by Buyers.

    On
      the
      Closing Date, Purchaser shall deliver to Seller, in accordance with the
      allocations set forth in Exhibit "A" hereto, checks or wire transfers as
      consideration of the contemplated purchase of the Stock.

    2.0
      Amount
      and Payment of Purchase Price.

    The
      purchase price of the Stock shall be $45,000 in accordance with the allocation
      set forth in Exhibit "A" attached and incorporated herein, all in the aggregate
      sum of Forty Five Thousand ($45,000) Dollars and 00/100.

    

    In
      addition to cash paid out on the Closing Date, the Purchaser agree to issue
      1,500,000 free trading shares subject to a six (6) month lock up and twelve
      (12)
      month leak out agreement to Ralph Massetti as Seller, and 1,000,000 free trading
      shares to Rochester Capital Partners, as Finder, subject to a lock-up and leak
      out agreement.

    

    $10,000
      of the $45,000 purchase price shall be held in escrow on the Closing Date and
      released upon completion of the audited financials for SalesRepCEntral.Com,
      Inc., for the fiscal years ended 2002 through 2006, expected to take
      approximately two to four weeks from the Closing Date to complete. 

     

    2.1
      Anti-Dilution
      Adjustments.

    For
      a
      period of one year from the Closing Date, the Purchaser agrees to issue
      additional shares to both the Finder and the Seller to maintain their relative
      percentages of ownership in the Corporation in the event that the Corporation
      elects to issue any shares of capital stock, at or subsequent to the Closing
      Date, that will cause the Corporation’s total shares of common stock to exceed
      fifty million (50,000,000) shares outstanding on a fully diluted basis. Such
      Anti-Dilution Adjustments shall be effected by the Corporation within ten (10)
      days following the issuance of shares that are subject to this provision.

    

    2.2
      Reverse
      Stock Splits.

    The
      Purchaser agrees and covenants that it will not implement a reverse stock split
      greater than “1-for-4” for a period of 18 months from the Closing
      Date.

    

    3.0
      Sellers'
      Representations and Warranties.

    Seller
      hereby warrants and represent as follows:

    

    3.1.
      Validity
      of Agreement.

    This
      Agreement has been duly executed and delivered by Seller and is a legal, valid
      and binding obligation upon Seller, enforceable in accordance with its terms,
      except as may be limited by the laws of bankruptcy or equity.

    

    3.2
      Title
      to Shares.

    Seller
      owns the Stock, free and clear of all liens, security interests, charges or
      other encumbrances, except as otherwise disclosed in writing by Seller. Seller
      is not party to any agreement, written or oral, creating rights in respect
      to
      the Stock in any third person or relating to the voting of the Stock. There
      are
      no existing warrants, options, stock purchase agreements, stock transfer
      restriction agreements, redemption agreements, calls or rights to subscribe
      of
      any character relating to the Stock, nor are there any securities convertible
      into such stock.

    

    3.3
      Voluntary
      and Intelligent Execution.

    Seller
      has entered into the transaction contemplated by this Agreement at Sellers'
      own
      free will and without any fraud or coercion of any kind. Seller has not relied
      on any representations not contained in this Agreement. Seller has had the
      opportunity to seek the advice of competent and independent legal counsel with
      respect thereto and undertaken such investigation into the relevant facts as
      Seller deemed necessary and appropriate.

    

    3.4
      Authority
      Relative to this Agreement.

    Except
      as
      otherwise stated herein, Seller has full power and authority to execute this
      Agreement and carry out the transaction contemplated by it and no further action
      is necessary by Seller to make this Agreement valid and binding upon Seller
      and
      enforceable against him, individually or jointly, in accordance with the terms
      hereof, or to carry out the actions contemplated hereby. The execution, delivery
      and performance of this Agreement by Seller will not:

    

    A.
      Constitute a breach or a violation of the Corporation's Certificate of
      Incorporation, By-Laws, or of any law, agreement, indenture, deed of trust,
      mortgage, loan agreement or other instrument to which any of them are a party,
      or by which it is bound;

    

    B.
      Constitute a violation of any order, judgment or decree to which any of them
      are
      a party or by which its assets or properties are bound or affected;
      or

    

    C.
      Result
      in the creation of any lien, charge or encumbrance upon any of their assets
      or
      properties, except as stated herein.

    

    3.5
      Seller’s
      Liability Representation.

    Seller
      hereby represents that Schedule “C” contains the full list of outstanding
      liabilities of the Company as of the Closing Date and hereby indemnifies the
      Purchaser for any and all amounts in excess of those described on Schedule
“C”,
      on an aggregate basis, and only to the extent that such excess amounts exceed
      Two Thousand Five Hundred and 00/100 ($2,500.00) Dollars. 

    

    3.6
      Audit
      Representation.

    To
      the
      best of Seller’s belief and knowledge, the Corporation’s books are “Auditable”
for the fiscal years ended 2002, 2003, 2004, 2005 and 2006. Further the Seller
      guarantee’s that he will deliver all related work papers to Purchaser as well as
      the Corporate book, including copies of all of the Corporation’s executed board
      resolutions and approved contracts. In addition the Seller pledges full
      cooperation with the Purchaser in completing the aforementioned
      audits.

    

    4.0
      Release and Waiver.

    For
      the
      consideration and mutual promises herein contained, the Seller, on behalf of
      himself and for all of its officers, directors, trustees, shareholders, heirs,
      executors, administrators, attorneys, consultants, successors and assigns,
      principals, agents, servants, employees, representatives, and each of them,
      hereby forever release and discharge Purchaser and the Corporation and their
      companies, officers, directors, trustees, shareholders, heirs, executors,
      administrators, attorneys, consultants, successors and assigns, partners,
      principals, agents, servants, employees, representatives, and each of them,
      from
      any and all actions, causes of action, judgments, liens, promises, agreements,
      contracts, obligations, Transactions, indebtedness, costs, damages, losses,
      lawsuits, arbitrations, appeals, claims, liabilities, indemnifications, debts,

      restrictive covenants, demands, attorney’s fees or expenses of any nature
      whatsoever, except as expressly set forth in this Agreement, and rights of
      any
      kind or character, known or unknown or speculative, arising out of, based upon,
      or relating to any claim, whether known or unknown, concerning in any manner
      Purchaser or the Corporation.

    

    5.0
      Indemnification.

    

    5.1
      Definition.

    As
      used
      in this provision, "Damages” means all claims, damages, liabilities, losses,
      judgments, settlements, and expenses, including, without limitation, all
      reasonable fees and disbursements of counsel incident to the investigation
      or
      defense of any claim or proceeding or threatened claim or
      proceeding.

    

    5.2
      Terms
      of Indemnification.

    Seller
      agrees to jointly and severally indemnify, defend and hold harmless Purchaser
      from all Damages (i) proximately caused by the fault or negligence of Seller,
      its officers, employees or agents; (ii) which relate in any manner to the terms
      and obligations of this Agreement; (iii) which relate to any other failure
      by
      Seller to comply with any terms of this Agreement; (iv) which relate to any
      failure by Seller to comply with applicable laws and/or regulations in
      accordance with this Agreement; (v) resulting from any breach of any
      representation, warranty, covenant or promise made by Seller in this Agreement;
      and/or (vi) resulting from any and all federal, state or local tax liabilities
      of Seller that in any manner impact Purchaser.

    

    5.3
      Notice
      of Claim.

    Seller
      shall promptly notify Purchaser in writing of any claim asserted by a third
      person that might give rise to any indemnity obligation hereunder. Failure
      of
      Seller to promptly give such notice shall not relieve that individual of his
      indemnification obligations under this Agreement. Together with or following
      such notice, Seller shall deliver to Purchaser copies of all Notices and
      documents received by such party relating to the asserted claim (including
      court
      papers).

    

    6.0
      Expenses.

    Each
      of
      the parties hereto shall pay its own expense in connection with this Agreement
      and the transactions contemplated hereby, including the fees and expenses of
      its
      counsel and its certified public accountants and other experts.

    

    7.0
      Conditions
      Precedent.

    

    7.1
      Purchaser's obligations under this Agreement are expressly conditioned upon,
      among other requirements stated herein, (i) the negotiation and execution of
      an
      executive employment agreement between the Corporation and Purchaser’s
      representative, (ii) effective resignation of all present board members and
      officers of the Corporation, and (iii) the election of Purchaser’s
      representative as the CEO of the Corporation. Seller acknowledges and
      understands that the Corporation intends to retain and employ Purchaser’s
      representative as an officer and/or director of the Corporation. Seller further
      acknowledges and hereby waives any conflict of interest by virtue of the
      intended employment of Purchaser’s representative by the
      Corporation.

    

    7.2
      In the
      event that Purchaser, Corporation or any third party fails to execute any of
      the
      above referenced agreements for any reason, then any deposits made by Purchaser
      to Seller, either individually or collectively, towards purchase of the Stock
      shall be immediately refunded by Seller and Purchaser's obligations under this
      Agreement shall be fully extinguished. Further, in such event, all items
      delivered by Seller shall be returned to same, including the Stock.

    

    8.0
      Miscellaneous.

    

    8.1
      Waivers.

    No
      action
      taken pursuant to this Agreement, including any investigation by or on behalf
      of
      any party shall be deemed to constitute a waiver by the party taking such action
      or compliance with any representation, warranty, covenant or agreement contained
      herein, therein and in any documents delivered in connection herewith or
      therewith. The waiver by any party hereto of a breach of any provision of this
      Agreement shall not operate or be construed as a waiver of any subsequent
      breach.

    

    8.2
      Notices.

    All
      notices, requests, demands and other communications, which are required or
      may
      be given under this Agreement shall be in writing and shall be deemed to have
      been duly given if delivered or mailed, first class mail, postage
      prepaid:

    

    To
      Seller:  See
      Exhibit "B"

    

     To
      Purchaser: Scott
      Gallagher

    7610
      West
      Hillsborough Ave.

    Tampa,
      Florida 33615

    813-868-3605/Voice

    215-688-2355/Cell

    215-689-2748/Fax

    

     Copy
      to:  Amy
      Trombly, Esq.

    Trombly
      Business Law

    1320
      Centre Street, Suite 202 

    Newton,
      MA 02459 

    Office
      Phone (617) 243-0060 

    Efax
      (617) 663-6164

    Office
      Fax (617) 243-0066

    

    Or
      to
      such other address as such party shall have specified by notice in writing
      to
      the other party.

    

    8.3
      Merger
      and Integration.

    This
      Agreement contains the entire understanding of the parties. There are no
      representations, covenants or understandings other than those, either express,
      implied or referred to herein. Each party acknowledges that there are no
      conditions to this Agreement other than those expressed or referred to herein.
      Each party further acknowledges that no other party or any agent or attorney
      of
      any other party has made any promise, representation or warranty whatsoever,
      express or implied or statutory, not contained or referred to herein, concerning
      the subject matter hereof, to induce him to execute this Agreement, and he
      acknowledges that he has not executed this Agreement in reliance on any such
      promise, representation or warranty not specifically contained or referred
      to
      herein.

    

    8.4
      Sections
      and Other Headings.

    The
      section and other headings contained in this Agreement are for reference
      purposes only and shall not affect the meaning or interpretation of this
      Agreement.

    

    8.5
      Governing
      Law.

    This
      Agreement, and all transactions contemplated hereby, shall be governed by,
      construed and enforced in accordance with the laws of the State of Nevada.
      The
      parties herein submit to personal jurisdiction and venue of a court of subject
      matter jurisdiction, which is appropriate for Tampa, Florida.

    

    8.6
      Attorney's
      Fees and Court Costs.

    In
      the
      event that litigation results from or arises out of this Agreement or the
      performance thereof, the parties agree to reimburse the prevailing party's
      reasonable attorney's fees, court costs, and all other expenses, whether or
      not
      taxable by the court as costs, in addition to any other relief to which, the
      prevailing party may be entitled.

    

    8.7
      Confidentiality
      and Non-Disclosure.

    Except
      to
      the extent required by law, without the prior written consent, the undersigned
      will not make, and will each direct its representatives not to make, directly
      or
      indirectly, any public comment, statement, or communication with respect to,
      or
      to disclose or permit the disclosure of the existence of this transaction prior
      to the Closing Date.

    

    8.8
      Contractual
      Procedures.

    Unless
      specifically disallowed by law, should litigation arise hereunder, service
      of
      process therefore, may be obtained through certified mail, return receipt
      requested; the parties hereto waiving any and all rights they may have to object
      to the method by which service was perfected.

    

    

    8.9
      Partial
      Invalidity.

    If
      any
      provision in this Agreement is held by a court of competent jurisdiction to
      be
      invalid, void, or unenforceable, the remaining provisions will nevertheless
      continue in full force without being impaired or invalidated in any
      way.

    

    8.10
      Survival
      of Representations and Warranties.

    The
      representations and warranties of the parties including indemnification
      obligations contained herein shall survive following the Closing
      Date.

    

    8.11
      Further
      Assurances.

    The
      parties agree to take all further actions, including execution of documents,
      which are reasonably necessary to effectuate the transaction contemplated by
      this Agreement.

    

    8.12
      Binding
      on Successors.

    This
      Agreement and covenants and conditions herein contained shall apply to, be
      binding upon and inure to the benefit of the respective heirs, administrators,
      executors, legal representatives, assignees, successors and agents of the
      parties hereto.

    

    8.13
      Specific
      Performance.

    The
      parties agree that remedies, at least for any breach or threat of breach of
      this
      Agreement, may be inadequate and that, in the event of any such breach or threat
      of breach, the non-breaching party will be entitled, in addition to all other
      rights and remedies otherwise available at law or in equity, to the equitable
      remedy of injunctive relief to enforce the provisions of this
      Agreement.

    

    8.14
      Joint
      Preparation.

    This
      Agreement is to be deemed to have been jointly prepared by the parties hereto
      and any uncertainty and ambiguity existing herein shall not be interpreted
      against any party hereto, but according to the application of the rules of
      interpretation of contracts, if any such uncertainty or ambiguity
      exists.

    

    8.15
      Counterparts.

    This
      Agreement can be executed in one or more counterparts and the counterparts
      signed in the aggregate shall constitute a single, original instrument. A
      facsimile/photocopy of this Agreement may be used in lieu of the original for
      all purposes.

    

    IN
      WITNESS WHEREOF,
      the
      parties have executed this Agreement (consisting of 9 pages including Exhibits
      "A", “B” and "C") so that it is deemed effective as of the day and year first
      written above.

    

    SELLER:      PURCHASER:

    SalesRepCentral.Com,
      Inc.    221
      Fund, LLC.

    

    

    By:
      /s/ Ralph Massetti     By: /s/
      Scott Gallagher     

    Ralph
      Massetti, President    Scott
      Gallagher

    

    Dated:
      January 31, 2007    Dated:
      January 31, 2007

    

    Ralph
      Massetti

    An
      individual

    

    

    By:     
      /s/ Ralph Massetti     

    Ralph
      Massetti, President

    

    EXHIBIT
      "A"

    

    SELLERS'
      ALLOCATION OF SHARES/PURCHASE PRICE

    

    

    

    

    SHARES
      TO BE DELIVERED TO ESCROW:

    

    SHAREHOLDER  COMMON
      SHARES  PREFERRED
      SHARES              

    

    Ralph
      Massetti  8,898,000     14,525  

    Total
        8,898,000
          14,525,000*

    =======     ==========

    

    *
      Maximum
      number of common shares that may be converted.

    

    CASH
      DISBURSEMENT

    

    Ralph
      Massetti     $17,500
      (at
      closing, $5,000 held in escrow until audit is completed)

    

    Rochester
      Capital Partners   $17,500
      (at
      closing, $5,000 held in escrow until audit is completed)

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    EXHIBIT
      "B"

    

    ADDRESS
      OF RECORD FOR SELLER

    

    

    

    SELLER:   1800
      W. Broadway, Suite 4

    Tempe,
      Arizona 85282

    

    

    

    RALPH
      MASSETTI:      

    

     

    

     

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    

    SCHEDULE
      “C”

    

    OUTSTANDING
      LIABILITIES

     

    

    	A.  	
            Up
              to $30,000 to settle Clear Channel Airports

          

    	B.  	
            Up
              to $20,000 for audits through 12-31-2006 

          

    	C.  	
            Up
              to $ 5,000 for Signature Transfer Agency

          

    	D.  	
            Up
              to $ 2,000 for Nevada Secretary of State and
              miscellaneous

          

    	E.  	
            Up
              to $10,000 for previous legal bills

          

    

    The
      above
      amounts are to be construed on an aggregated basis, meaning that the amounts
      can
      be reallocated between categories.

    

    Any
      settlements on outstanding disputes or litigation are subject to approval by
      Purchaser. Any amounts in excess of the amounts listed above, to the extend
      they
      exceed $2,500, will be the responsibility of the Seller.Amendment to Stock Purchase Agreement

    AMENDMENT
      TO STOCK PURCHASE AGREEMENT

    

    Pursuant
      to the signed Agreement for Purchase and Sale of Stock dated January 31, 2007,
      the following amendment is made to section 1.2 and 2.0 of the
      Agreement.

    

    Date:
      March 15, 2007

    

    Original:

    

    1.2
      Procedure
      for Closing.

    The
      closing of the transaction contemplated by this Agreement shall be held at
      FTS
      Group, Inc. 7610 West Hillsborough Ave., Tampa, Florida 33615, on January 22,
      2007, at 1:00 p.m. EST, or such other place, date and time as the parties hereto
      may otherwise agree (such date to be referred to in this Agreement as the
      "Closing Date").

    

    

    2.0
      Amount
      and Payment of Purchase Price.

    

    The
      purchase price of the Stock shall be $45,000 in accordance with the allocation
      set forth in Exhibit "A" attached and incorporated herein, all in the aggregate
      sum of Forty Five Thousand ($45,000) Dollars and 00/100.

    

    In
      addition to cash paid out on the Closing Date, the Purchaser agree to issue
      1,500,000 free trading shares subject to a six (6) month lock up and twelve
      (12)
      month leak out agreement to Ralph Massetti as Seller, and 1,000,000 free trading
      shares to Rochester Capital Partners, as Finder, subject to a lock-up and leak
      out agreement.

    

    $10,000
      of the $45,000 purchase price shall be held in escrow on the Closing Date and
      released upon completion of the audited financials for SalesRepCentral.Com,
      Inc., for the fiscal years ended 2002 through 2006, expected to take
      approximately two to four weeks from the Closing Date to complete.  

    

    As
      Amended:

    

    Amendment
      #1

    

    1.2
      Procedure
      for Closing.

    The
      closing of the transaction contemplated by this Agreement shall be held at
      FTS
      Group, Inc. 7610 West Hillsborough Ave., Tampa, Florida 33615, on March 20,
      2007, at 1:00 p.m. EST, or such other place, date and time as the parties hereto
      may otherwise agree (such date to be referred to in this Agreement as the
      "Closing Date").

    

    

    2.0
      Amount
      and Payment of Purchase Price.

    

    The
      purchase price of the Stock shall be $45,000 Forty Five Thousand ($45,000)
      Dollars and 00/100, in accordance with the allocation set forth in Exhibit
      "A"
      attached and incorporated herein, but not at closing. All funds will be paid
      in
      accordance with Amendment #1 to Section 2.0 of the Stock sale and Purchase
      Agreement.

    

    In
      addition to cash, within 30 days of the Closing Date, the Purchaser agrees
      to
      issue from the acquired preferred shares 1,500,000 pre split free trading shares
      subject to a six (6) month lock up and twelve (12) month leak out agreement
      to
      Ralph Massetti as Seller, and 1,000,000 pre split free trading shares to
      Rochester Capital Partners, as Finder, subject to a lock-up and leak out
      agreement.

    

    The
      entire cash purchase price of $45,000 shall be paid subject to final contractual
      debt payout calculations, completion of audited financial statements for the
      fiscal years of 2002 through 2006, within 14 days of the Company’s common shares
      begin trading on the over the counter bulletin board or pink sheets stock
      markets.

    

    

    

    

    IN
      WITNESS WHEREOF,
      the
      parties have executed this Amendment so that it is deemed effective as of the
      day and year first written above.

    

    SELLER:      PURCHASER:

    SalesRepCentral.Com,
      Inc.    221
      Fund, LLC.

    

    

    By:     /s/
      Ralph Massetti     By: /s/
      Scott Gallagher     

    Ralph
      Massetti, President    Scott
      Gallagher

    

    Dated:
      March 15, 2007    Dated:
      March 15, 2007

    

    Ralph
      Massetti

    An
      individual

    

    

    By:       /s/
      Ralph Massetti     

    Ralph
      Massetti, President

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