Document:

Exhibit
10.4

     

    GUARANTY

     

    This GUARANTY (the “Guaranty”),
dated as of August 17, 2010, is executed and delivered by ROSE HILL GARDENS LLC (the
“Guarantor”) in
favor of the Investors set forth on Schedule A affixed
hereto, each in its capacity as Investor under the Purchase Agreement (as
defined below) (in such capacity, and together with their respective successors,
transferees and assigns, the “Investors”).

    

     

    WITNESSETH:

    WHEREAS, the Guarantor is a
shareholder of First Blush Brands, Inc. (the “Borrower”);
and

     

    WHEREAS, concurrently
herewith, the Borrower and the Investors are entering into a Securities Purchase
Agreement (the “Purchase Agreement”),
pursuant to which the Borrower will sell to the Investors, and the Investors
will purchase from the Borrower, (i) promissory notes in the aggregate
principal amount of $1,100,000, with an interest rate of 10% per annum (the
“Notes”) and
(ii) 1,000,000 shares of common stock of the Company (the “Shares”) (the “Private Placement”);
and

     

    WHEREAS, in order to induce
the Investors to enter into the Transaction Documents and to purchase the Notes
and Shares, and in consideration thereof, the Guarantor has agreed to guaranty
the payment of the Guarantied Obligations (as defined below) and execute and
deliver this Guaranty; and

     

    WHEREAS, the purchase of the
Notes and Shares will be beneficial to the Guarantor inasmuch as the proceeds of
the Private Placement to the Borrower will indirectly benefit the
Guarantor.

     

    NOW, THEREFORE, in
consideration of the foregoing and for other good and valuable consideration,
the receipt and sufficiency of which is hereby acknowledged by the Guarantor,
the Guarantor hereby agrees as follows:

     

    1.           Guaranty of Payment and
Performance.  The Guarantor hereby irrevocably and
unconditionally guarantees to the Investors the full and punctual payment when
due (whether at maturity, by acceleration or otherwise and whether for
principal, interest, fees, expenses or otherwise), and the performance, of all
liabilities, agreements and other obligations of the Borrower to the Investors
under the Notes, in each case, whether direct or indirect, absolute or
contingent, due or to become due, secured or unsecured, now existing or
hereafter arising or acquired (whether by way of discount, letter of credit,
lease, loan, overdraft or otherwise), including without limitation all
liabilities and obligations of the Borrower due or become due, or that are now
or may be hereafter contracted or acquired or owing of the Borrower to the
Investors under the Notes (collectively, the “Guarantied
Obligations”).  This Guaranty is an absolute, unconditional and
continuing guaranty of the full and punctual payment and performance of the
Guarantied Obligations and not of their collectibility only and is in no way
conditioned upon any requirement that the Investors first attempt to collect any
of the Guarantied Obligations from the Borrower or resort to any security or
other means of obtaining their payment.  Should the Borrower default
in the payment or performance of any of the Guarantied Obligations, the
obligations of the Guarantor hereunder shall become immediately due and payable
to the Investor, without demand or notice of any nature, all of which are
expressly waived by the Guarantor.  Payments by the Guarantor
hereunder may be required by the Investors on any number of
occasions.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    2.           Guarantor’s Agreement to
Pay. The
Guarantor further agrees, as the principal obligor and not as a guarantor only,
to pay to the Investor, on demand, all costs and expenses (including court costs
and reasonable legal expenses) incurred or expended by the Investor in
connection with enforcement of this Guaranty, together with interest on amounts
recoverable under this Guaranty from the time such amounts become due under this
Guaranty until payment, at the rate per annum equal to the default rate set
forth in the Note; provided that if such interest exceeds the maximum amount
permitted to be paid under applicable law, then such interest shall be reduced
to such maximum permitted amount.

     

    3.           Unlimited Guaranty;
Covenant. The liability of the
Guarantor hereunder shall be unlimited to the extent of the Guarantied
Obligations and the other obligations of the Guarantor hereunder (including,
without limitation, under Section 2 above).

     

    4.           Waivers by Guarantors;
Investors’ Freedom to Act. The Guarantor agrees
that the Guarantied Obligations will be paid and performed strictly in
accordance with their terms regardless of any law, regulation or order now or
hereafter in effect in any jurisdiction affecting any of such terms or the
rights of the Investor with respect thereto.  The Guarantor waives
presentment, demand, protest, notice of acceptance, notice of Guarantied
Obligations incurred and all other notices of any kind, all defenses which may
be available to the Borrower by virtue of any valuation, stay, moratorium law or
other similar law now or hereafter in effect, any right to require the
marshalling of assets of the Borrower, and all suretyship defenses generally.
Without limiting the generality of the foregoing, the Guarantor agrees to the
provisions of any instrument evidencing, securing or otherwise executed in
connection with any Guarantied Obligation and agrees that the obligations of the
Guarantor hereunder shall not be released or discharged, in whole or in part, or
otherwise affected by (i) the failure of any Investor to assert any claim
or demand or to enforce any right or remedy against the Borrower; (ii) any
extensions, renewals, increases, restatements, replacements, settlements or
compromises of any Guarantied Obligation; (iii) any rescissions,
forbearances, waivers, amendments or modifications of any of the terms or
provisions of any agreement evidencing, securing or otherwise executed in
connection with any Guarantied Obligation; (iv) the substitution or release
of any entity primarily or secondarily liable for any Guarantied Obligation or
of any property or asset subject to a lien in favor of any Investor;
(v) the adequacy of any rights the Investors may have against any
collateral or other means of obtaining repayment of the Guarantied Obligations;
(vi) the impairment of any collateral securing the Guarantied Obligations,
including without limitation the failure to perfect or preserve any rights any
Investor might have in such collateral or the substitution, exchange, surrender,
release, loss or destruction of any such collateral; or (vii) any other act
or omission which might in any manner or to any extent vary the risk of the
Guarantor or otherwise operate as a release or discharge of Borrower or any
other guarantor, all of which may be done without notice to the
Guarantor.

    
      
         

      

      
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    5.           Unenforceability of
Obligations Against Borrower.  If for any reason the Borrower
has no legal existence or is under no legal obligation to discharge any of the
Guarantied Obligations, or if any of the Guarantied Obligations have become
irrecoverable from the Borrower by operation of law or for any other reason,
this Guaranty shall nevertheless be binding on the Guarantor to the same extent
as if the Guarantor at all times had been the principal obligor on all such
Guarantied Obligations. In the event that acceleration of the time for payment
of the Guarantied Obligations is stayed upon the insolvency, bankruptcy or
reorganization of the Borrower, or for any other reason, all such amounts
otherwise subject to acceleration under the terms of any agreement evidencing,
securing or otherwise executed in connection with any Guarantied Obligation
shall be immediately due and payable by the Guarantor.

     

    6.           Subrogation;
Subordination.  Until the payment and performance in full of
all Guarantied Obligations, the Guarantor shall not exercise any rights against
the Borrower arising as a result of payment by the Guarantor hereunder, by way
of subrogation or otherwise, (the Investor having no duty or obligation to take
any action at any time to protect or preserve any right of subrogation) and will
not prove any claim in competition with any Investor or its affiliates in
respect of any payment hereunder in bankruptcy or insolvency proceedings of any
nature; the Guarantor will not claim any set-off or counterclaim against the
Borrower in respect of any liability of the Guarantor to the Borrower; and the
Guarantor waives any benefit of and any right to participate in any collateral
which may be held by any Investor.  The payment of any amounts due
with respect to any indebtedness of the Borrower now or hereafter held by the
Guarantor is hereby subordinated to the prior payment in full of the Guarantied
Obligations.  The Guarantor agrees that after the occurrence of any
default in the payment or performance of the Guarantied Obligations, after the
expiration of any applicable grace period, if any, he will not demand, sue for
or otherwise attempt to collect after such time any such indebtedness of the
Borrower to the Guarantor until the Guarantied Obligations shall have been paid
in full. If, notwithstanding the foregoing sentence, any Guarantor shall
collect, enforce or receive any amounts in respect of such indebtedness, such
amounts shall be collected, enforced and received by the Guarantor as trustee
for the Investors and be paid over to the Investors on account of the Guarantied
Obligations without affecting in any manner the liability of the Guarantor under
the other provisions of this Guaranty.

     

    7.           Further
Assurances.  The Guarantor agrees to do all such things and
execute all such documents, as the Investors may consider reasonably necessary
or desirable to give full effect to this Guaranty and to perfect and preserve
the rights and powers of the Investors hereunder.

     

    8.           Termination;
Reinstatement.  This Guaranty shall remain in full force and
effect until the Guarantied Obligations are paid in full and not subject to any
recapture or preference in bankruptcy or similar proceedings.  This
Guaranty shall continue to be effective or be reinstated if at any time any
payment made or value received with respect to a Guarantied Obligation is
rescinded or must otherwise be returned by the Investors upon the insolvency,
bankruptcy or reorganization of the Borrower, or otherwise, all as though such
payment had not been made or value received.

    
      
         

      

      
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    9.            Successors and
Assigns.  This Guaranty shall be jointly and severally binding
upon the Guarantor and his respective heirs and assigns, and shall inure to the
benefit of and be enforceable by the Investors and their successors, transferees
and assigns.  An Investor may assign or otherwise transfer any
agreement or any note held by it evidencing, securing or otherwise executed in
connection with the Guarantied Obligations, or sell participations in any
interest therein, to any other person or entity, and such other person or entity
shall thereupon become vested, to the extent set forth in the agreement
evidencing such assignment, transfer or participation, with all the rights in
respect thereof granted to such Investor herein.

     

    10.           Amendments and
Waivers.  No amendment or waiver of any provision of this
Guaranty nor consent to any departure by any Guarantor therefrom shall be
effective unless the same shall be in writing and signed by each
Investor.  No failure on the part of an Investor to exercise, and no
delay in exercising, any right hereunder shall operate as a waiver thereof; nor
shall any single or partial exercise of any right hereunder preclude any other
or further exercise thereof or the exercise of any other right.

     

    11.           Notices.  All
notices and other communications called for hereunder shall be made in writing
and, unless otherwise specifically provided herein, shall be deemed to have been
duly made or given when delivered by hand or mailed first class mail postage
prepaid or, in the case of telegraphic or telexed notice, when transmitted,
answer back received, addressed as follows: if to the Guarantor, at the address
set forth in the Purchase Agreement for the Borrower, and if to an Investor, at
the address set forth in the Purchase Agreement.

     

    12.           Governing Law; Consent to
Jurisdiction.  This Guaranty shall be governed by, and
construed in accordance with, the laws of the State of Delaware without
reference to its conflicts of laws provisions.  Any dispute arising
out of this Guaranty shall be resolved pursuant to the terms of Section 9 of the
Purchase Agreement.

     

    13.           Certain
References.  All pronouns and any variations thereof shall be
deemed to refer to the masculine, feminine, neuter, singular or plural, as the
identity of the person, persons, entity or entities may require.  The
terms “herein”, “hereof” or “hereunder” or similar terms used in this Guaranty
refer to this entire Guaranty and not only to the particular provision in which
the term is used.  Capitalized Terms used but not defined herein shall
have the meaning ascribed to such terms in the Purchase Agreement.

     

    14.           Miscellaneous.  This
Guaranty constitutes the entire agreement of the Guarantor with respect to the
matters set forth herein.  The rights and remedies herein provided are
cumulative and not exclusive of any remedies provided by law or any other
agreement, and this Guaranty shall be in addition to any other guaranty of the
Guarantied Obligations.  The invalidity or unenforceability of any one
or more sections of this Guaranty shall not affect the validity or
enforceability of its remaining provisions. Captions are for the ease of
reference only and shall not affect the meaning of the relevant
provisions.  The meanings of all defined terms used in this Guaranty
shall be equally applicable to the singular and plural, masculine, feminine and
generic forms of the terms defined.

    
      
         

      

      
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    IN WITNESS WHEREOF, the
Guarantor has caused this Guaranty to be executed and delivered as of the date
appearing in the introductory paragraph of this Guaranty.

    

    Rose
Hill Gardens LLC

    

    
      
        
          	
                  By:

                	
                    /s/ Victoria
  Briggs

                
	
                  Name:
      Victoria Briggs

                
	
                  Title:
      Member

                

        

      

    

     

    
      
         

      

      
        5Unassociated Document

    

    THESE
SECURITIES HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, OR THE SECURITIES LAWS OF ANY STATE AND MAY NOT BE SOLD OR OFFERED FOR
SALE IN THE ABSENCE OF AN EFFECTIVE REGISTRATION STATEMENT FOR THE SECURITIES OR
AN OPINION OF COUNSEL OR OTHER EVIDENCE ACCEPTABLE TO THE COMPANY THAT SUCH
REGISTRATION IS NOT REQUIRED.

    

    CONVERSION
AGREEMENT

    

    THIS
CONVERSION AGREEMENT, dated as of August 17, 2010 is made by and between
Wellstar International, Inc., a Nevada corporation (“Company”), and John Antonio
the Chief Executive Officer and a Director of the Company
(“Employee”).

    

    WHEREAS,
the Company owes Employee wages in arrears representing the pay period for a
total of $244,880 (the “Wages”); and

    

    WHEREAS,
the Company and the Employee wish to convert Fifty Thousand Dollars ($50,000) of
the Wages (the “Conversion Wages”) into Series C Preferred Stock, par value
$0.001 per share (“Preferred Stock”),
of the Company;

    

    NOW,
THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which the parties hereby acknowledge the parties agree as follows:

    

    1.            Conversion Wages. The
Company and Employee hereby agree that Conversion Wages shall convert into
50,000 shares of Preferred Stock (“Conversion Shares”) to Employee.

    

    2.            Closing. At the
Closing, the Company shall deliver the Conversion Shares to
Employee.

    

    3.            Further Assurances.
In connection with the Conversion Wages, the Employee, by entering into this
Conversion Agreement, agrees to execute all agreements and other documents as
reasonably requested by the Company.

    

    4.            Investor Representations and
Warranties and Covenants. The Employee represents, warrants and covenants
to the Company as follows:

    

    a.  No Registration. Such
Employee understands that the Conversion Shares have not been, and will not be,
registered under the Securities Act of 1933, as amended (the “Securities Act”) by
reason of a specific exemption from the registration provisions of the
Securities Act, the availability of which depends upon, among other things, the
bona fide nature of the investment intent and the accuracy of such Employee’s
representations as expressed herein or otherwise made pursuant
hereto.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    b.  Investment Intent.
Such Employee is acquiring the Conversion Shares for investment for his own
account, not as a nominee or agent, and not with the view to, or for resale in
connection with, any distribution thereof, and such Employee has no present
intention of selling, granting any participation in, or otherwise distributing
the same. Such Employee further represents that it will not violate the
Securities Act and does not have any contract, undertaking, agreement or
arrangement with any person or entity to sell, transfer or grant participation
to such person or entity or to any third person or entity with respect to the
Conversion Shares.

    

    c.  Investment
Experience. Such Employee has substantial experience in evaluating and
investing in private placement transactions of securities in companies similar
to the Company and acknowledges that such Employee can protect its own
interests. Such Employee has such knowledge and experience in financial and
business matters so that such Employee is capable of evaluating the merits and
risks of its investment in the Company.

    

    d.  Speculative Nature of
Investment. Such Employee understands and acknowledges that the Company
has a limited financial and operating history and that an investment in the
Company is highly speculative and involves substantial risks. Such Employee can
bear the economic risk of such Employee’s investment and is able, without
impairing such Employee’s financial condition, to hold the Conversion Shares for
an indefinite period of time and to suffer a complete loss of such Employee’s
investment.

    

    e.  Accredited Investor.
The Employee is an “accredited investor’ within the meaning of Regulation D,
Rule 50 1(a), promulgated by the Securities and Exchange Commission under the
Securities Act and shall submit to the Company such further assurances of such
status as may be reasonably requested by the Company.

    

    f.  Rule 144. Such
Employee acknowledges that the Conversion Shares must be held indefinitely
unless subsequently registered under the Securities Act or an exemption from
such registration is available. Such Employee is aware of the provisions of Rule
144 promulgated under the Securities Act which permit limited resale of shares
subject to the satisfaction of certain conditions, including among other things,
the existence of a public market for the shares, the availability of certain
current public information about the Company, the resale occurring not less than
one year after a party has purchased and paid for the security to be sold, the
sale being effected through a “broker’s transaction” or in transactions directly
with a “market maker” and the number of shares being sold during any three-month
period not exceeding specified limitations. Such Employee acknowledges that, in
the event all of the requirements of Rule 144 are not met, registration under
the Securities Act or an exemption from registration will be required for any
disposition of the Conversion Shares such Employee understands that, although
Rule 144 is not exclusive, the Securities and Exchange Commission has expressed
its opinion that persons proposing to sell restricted securities received in a
private offering other than in a registered offering or pursuant to Rule 144
will have a substantial burden of proof in establishing that an exemption from
registration is available for such offers or sales and that such persons and the
brokers who participate in the transactions do so at their own
risk.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    g.          Authorization.

    

    i. Employee has all requisite power
and authority to execute and deliver this Conversion Agreement, and to carry out
and perform its obligations under the terms hereof. All action on the part of
the Employee necessary for the authorization, execution, delivery and
performance of this Conversion Agreement, and the performance of all of the
Employee’s obligations herein, has been taken.

    

    ii. This Conversion Agreement, when
executed and delivered by the Employee, will constitute valid and legally
binding obligations of the Employee, enforceable in accordance with its terms
except: (i) as limited by applicable bankruptcy, insolvency, reorganization,
moratorium and other laws of general application affecting enforcement of
creditors’ rights generally, and (ii) as limited by laws relating to the
availability of specific performance, injunctive relief or other equitable
remedies or by general principles of equity.

    

    iii.  No
consent, approval, authorization, order, filing, registration or qualification
of or with any court, governmental authority or third person is required to be
obtained by the Employee in connection with the execution and delivery of this
Conversion Agreement by the Employee or the performance of the Employee’s
obligations hereunder.

    

    j.  Brokers or Finders.
Such Employee has not engaged any brokers, finders or agents, and the Company
has not, and will not, incur, directly or indirectly, as a result of any action
taken by the Employee, any liability for brokerage or finders’ fees or agents’
commissions or any similar charges in connection with this Conversion Agreement
and the transactions related hereto.

    

    k.  Tax Advisors. Such
Employee has reviewed with its own tax advisors the U.S. federal, state, local
and foreign tax consequences of this investment and the transactions
contemplated by this Conversion Agreement. With respect to such matters, such
Employee relies solely on such advisors and not on any statements or
representations of the Company or any of its agents, written or oral. The
Employee understands that it (and not the Company) shall be responsible for its
own tax liability that may arise as a result of this investment or the
transactions contemplated by this Conversion Agreement.

    

    l.  Legends. Such
Employee understands and agrees that the certificates evidencing the Conversion
Shares and Interest Shares shall bear a legend in substantially the form as
follows (in addition to any legend required by any other applicable agreement or
under applicable state securities laws):

    

    “THE
SHARES REPRESENTED BY THIS CERTIFICATE

    HAVE NOT
BEEN REGISTERED UNDER THE SECURITIES

    ACT OF
1933, AS AMENDED, OR THE SECURITIES LAWS

    OF ANY
STATE, AND MAY NOT BE SOLD, TRANSFERRED,

    ASSIGNED,
PLEDGED OR HYPOTHECATED UNLESS AND

    UNTIL
REGISTERED UNDER SUCH ACT AND/OR

    APPLICABLE
STATE SECURITIES LAWS, OR UNLESS THE

    COMPANY
HAS RECEIVED AN OPINION OF COUNSEL OR

    OTHER
EVIDENCE, REASONABLY SATISFACTORY TO

    THE
COMPANY AND ITS COUNSEL, THAT SUCH

    REGISTRATION
IS NOT REQUIRED.”

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    IN WITNESS WHEREOF, the
parties have caused this Agreement to be duly executed by their respective
officers thereonto duly authorized as of the day and year first above
written.

     

    
      	 	 	 
	 	WELLSTAR
      INTERNATIONAL, INC.	 
	 	 	 
	 	 	 	 
	
               

            	
              By:
      

            	/s/ John Antonio	 
	 	 	John
      Antonio	 
	 	 	Chief
      Executive Officer	 
	 	 	 
	 	 	 
	 	EMPLOYEE:	 
	 	 	 
	 	 	 
	 	/s/
      John Antonio	 
	 	John
      Antonio	 
	 	Address:

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