Document:

Exhibit 10.4

    EXHIBIT
      10.4

    

    SUBSCRIPTION
      AGREEMENT

    

    Timeshare
      Holdings, Inc

    2350
      South Jones Blvd., Suite 101, Las Vegas, Nevada 89146

    

    

    THIS
      SUBSCRIPTION AGREEMENT
      made
      this _____day of ______________, 2007 by and between Timeshare Holdings Inc.,
      a
      Nevada corporation (hereinafter “Issuer” or “Company”),
      and the undersigned Subscriber (hereinafter “Subscriber”), who, for and in
      consideration of the mutual promises and covenants set forth herein, do hereto
      agree as follows:

    

    1. Subscription.
      The
      Subscriber hereby subscribes for 1,000 Shares (hereinafter “Shares” or
“securities”) of the Company, at a price of $.10 per Share, and herewith tenders
      to the Issuer a bank check for the subscription in the amount of $100.00, which
      the Subscriber tenders herewith as payment for the Shares. Each Share consists
      of one share of $.001 par value common stock of the Company. This Subscription
      Agreement (hereinafter “Subscription”) is an irrevocable offer by the Subscriber
      to subscribe for the securities offered by the Issuer, and, subject to the
      terms
      hereof, shall become a contract for the sale of said securities upon acceptance
      thereof by the Issuer.

     

    2. Acceptance.
      This
      Subscription Agreement is made subject to the Issuer’s discretionary right to
      accept or reject the Subscription herein. The Subscriber will be notified upon
      closing of the offering whether the Subscription has been accepted. If the
      Issuer for any reason rejects this Subscription, the Subscription will be
      refunded in full, without interest, and this Subscription Agreement shall be
      null, void and of no effect. Acceptance of this Subscription by the Issuer
      will
      be evidenced by the execution hereof by an officer of the Issuer.

    

    3. Subscriber
      Representations.
      The
      Subscriber hereby represents, warrants and agrees that:

    

    (a)
      The
      Subscriber has had an opportunity to ask questions and receive information
      from
      the Company.

    

    (b)
      The
      Subscriber’s
      representations in this Agreement are complete and accurate to the best of
      the
      Subscriber’s
      knowledge, and the Company and any sales agent may rely upon them. The
      Subscriber will notify the Company and any such agent immediately if any
      material change occurs in any of this information before the sale of the
      Shares.

    

    (c)
      The
      Subscriber is an "accredited investor" as defined by Regulation D as set forth
      below; 

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        
        

      

    

    According
      to Rule 501(a) of Regulation D, "accredited investor" means any person who
      comes
      within any of the following categories, or who the Issuer reasonable believes
      comes within any of the following categories, at the time of the sale of the
      Shares to that person:

    

    (i)
      Any
      bank as defined in section 3(a)(2) of the Act, or any savings and loan
      association or other institution as defined in section 3(a)(5)(A) of the Act
      whether acting in its individual or fiduciary capacity; any broker or dealer
      registered pursuant to section 15 of the Securities Exchange Act of 1934; an
      insurance company as defined in section 2(13) of the Act; an investment company
      registered under the Investment Company Act of 1940 or a business development
      company as defined in section 2(a)(48) of that Act; a Small business Investment
      Company licensed by the U.S. Small Business Administration under section 301(c)
      or (d) of the Small Business Investment Act of 1958; any plan established and
      maintained by a State, its political subdivisions, or any agency or
      instrumentality of a State or its political subdivisions, for the benefit of
      its
      employees, if such plan has total assets in excess of $5,000,000; any employee
      benefit plan within the meaning of the Employee Retirement Income Security
      Act
      of 1974, if the investment decision is made by a plan fiduciary, as defined
      in
      section 3(21) of such Act, which is either a bank, savings and loan association,
      insurance company, or registered investment adviser, or if the employee benefit
      plan has total assets in excess of $5,000,000 or, if a self-directed plan,
      with
      investment decisions made solely by persons that are accredited investors;
      

    

    (ii)
      Any
      private business development company as defined in section 202(a)(22) of the
      Investment Advisers Act of 1940;

    

    (iii)
      Any
      organization described in section 501(c)(3) of the Internal Revenue Code,
      corporation, Massachusetts or similar business trust, or partnership, not formed
      for the specific purpose of acquiring the securities offered, with total assets
      in excess of $5,000,000;

    

    (iv)
      Any
      director, executive officer, or general partner of the issuer of the securities
      being offered or sold, or any director, executive officer, or general partner
      of
      that issuer;

    

    (v)
      Any
      natural person whose individual net worth, or joint net worth with that person's
      spouse, at the time of his purchase exceeds $1,000,000;

    

    (vi)
      Any
      natural person who had individual income in excess of $200,000 in each of the
      two most recent years or joint income with that person's spouse in excess of
      $300,000 in each of those years and has a reasonable expectation of reaching
      the
      same income level in the current year;

    

    (vii)
      Any
      trust, with total assets in excess of $5,000,000, not formed for the specific
      purpose of acquiring the securities offered, whose purchase is directed by
      a
      sophisticated person as described in section 30.506(b)(2)(ii); and 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        
        

      

    

    (viii)
      Any entity in which all of the equity owners are accredited
      investors.

    

    (d) The
      Subscriber is able to bear the economic risk of an investment in the securities
      for an indefinite period of time, can afford to risk the loss of the entire
      investment in the securities, and will, after making an investment in the
      securities, have sufficient means of providing for current needs and possible
      future contingencies without reliance upon this investment. Additionally, the
      Subscriber’s
      overall
      commitment to investments that are not readily marketable is not
      disproportionate to the Subscriber’s
      net
      worth and this Subscription will not cause such overall commitment to become
      excessive.

    

    (e) The
      Subscriber understands and acknowledges that the securities are being offered
      and sold in reliance upon an exemption from registration under Section 4(6)
      under the Securities Act of 1933 (hereinafter “Securities Act”), and are
      therefore subject to the limitations on resale pursuant to Rule 144. Further
      the
      Subscriber understands the securities subscribed for herein are being acquired
      for the Subscriber’s
      own
      account and risk, and not on behalf of any other person and are being purchased
      by the Subscriber for investment and not with a view to the distribution of
      the
      securities. The Subscriber is aware that although there are no legal
      restrictions on the transferability of the securities, the Subscriber must
      register the securities or have an exemption from registration before the
      Subscriber may resell the securities. Further the Subscriber understands, there
      is presently a very limited public market for the securities and no assurance
      of
      a future public market for the securities, and, accordingly, it is unlikely
      that
      the Subscriber will be readily able to liquidate an investment in the
      securities.

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        
        

      

    

    The
      undersigned understands that the securities have not been registered, but are
      being acquired by reason of a specific exemption under the Securities Act as
      well as under certain state statutes for transactions by an issuer not involving
      any public offering and that any disposition of the subject securities may,
      under certain circumstances, be inconsistent with this exemption and may make
      the undersigned an "underwriter" within the meaning of the Securities Act.
      It is
      understood that the definition of an "underwriter" focuses on the concept of
      "distribution" and that any subsequent disposition of the subject securities
      can
      only be effected in transactions that are not considered distributions.
      Generally, the term "distribution" is considered synonymous with "public
      offering" or any other offer or sale involving general solicitation or general
      advertising. Under present law, in determining whether a distribution occurs
      when securities are sold into the public market, under certain circumstances
      one
      must consider the availability of public information regarding the issuer,
      a
      holding period for the securities sufficient to assure that the persons desiring
      to sell the securities without registration first bear the economic risk of
      their investment, an a limitation on the number of securities which the
      stockholder is permitted to sell and on the manner of sale, thereby reducing
      the
      potential impact of the sale on the trading markets. These criteria are set
      forth specifically in rule 144 promulgated under the Securities Act. After
      one
      year from the later of the date the securities are acquired from the Issuer
      or
      an affiliate of the Issuer and the full purchase price or other consideration
      is
      paid, all as calculated in accordance with rule 144(d), sales of the securities
      in reliance on rule 144 can only be made in limited amounts in accordance with
      the terms and conditions of that rule. After two years from the date the
      securities are fully paid for, as calculated in accordance with rule 144(d),
      it
      can generally be sold without meeting these conditions provided the holder
      is
      not (and has not been for the preceding three months) an affiliate of the
      issuer.

    

    The
      undersigned acknowledges that the securities must be held and may not be sold,
      transferred, or otherwise disposed of for value unless it is subsequently
      registered under the Securities Act or an exemption from such registration
      is
      available; the Issuer is under no obligation to register the securities under
      the Securities Act or under section 12 of the Securities Exchange Act of 1934,
      as amended, except as may be expressly agreed to be it in writing; if rule
      144
      is available, and no assurance is given that it will be, initially only routine
      sales of such securities in limited amounts can be made in reliance on rule
      144
      in accordance with the terms and conditions of that rule; the Issuer is under
      no
      obligation to the undersigned to make rule 144 available, compliance with
      regulation A or some other exemption may be required before the undersigned
      can
      sell, transfer, or otherwise dispose of such securities without registration
      under the Securities Act; the Issuer's registrar and transfer agent will
      maintain a stop transfer order against the registration of transfer of the
      securities; and the certificate representing the securities will bear a legend
      in substantially the following form so restricting the sale of such
      securities.

    

    THE
      SECURITIES REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
      SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), AND ARE "RESTRICTED
      SECURITIES" WITHIN THE MEANING OF RULE 144 PROMULGATED UNDER THE SECURITIES
      ACT.
      THE SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND MAY NOT BE SOLD OR
      TRANSFERRED WITHOUT COMPLYING WITH RULE 144 IN THE ABSENCE OF AN EFFECTIVE
      REGISTRATION OR OTHER COMPLIANCE UNDER THE SECURITIES ACT.

    

    The
      Issuer may refuse to register transfer of the securities in the absence of
      compliance with rule 144 unless the undersigned furnishes the Issuer with a
      "no-action" or interpretative letter from the Securities and Exchange Commission
      or an opinion of counsel reasonably acceptable to the Issuer stating that the
      transfer is proper; further, unless such letter or opinion states that the
      securities are free of any restrictions under the Securities Act, the Issuer
      may
      refuse to transfer the securities to any transferee who does not furnish in
      writing to the Issuer the same representations and agree to the same conditions
      with respect to such securities as are set forth herein. The Issuer may also
      refuse to transfer the securities if any circumstances are present reasonably
      indicating that the transferee's representations are not accurate.

    

    (f) The
      Subscriber hereby agrees that he does not have the right to cancel this
      Subscription Agreement, which shall survive the death, disability, or the
      cessation of existence as a legal entity, of the Subscriber. Further, the
      Subscriber agrees that he does not have the right, and will not attempt, to
      transfer his interest herein.

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        
        

      

    

    (g) The
      Subscriber has had access to any and all information concerning the Issuer
      whom
      the Subscriber and the Subscriber’s
      financial, tax and legal advisors required or considered necessary to make
      a
      proper evaluation of this investment. In making the decision solely upon their
      own independent investigations, and fully understand that there are no
      guarantees, assurances or promises in connection with any investment hereunder
      and understand that the particular tax consequences arising from this investment
      in the Issuer will depend upon the Subscriber’s
      individual
      circumstances. The Subscriber further understands that no opinion is being
      given
      as to any securities matters involving the offering.

    

    (h) The
      Subscriber shall indemnify and hold the Issuer harmless from all costs and
      expenses, including reasonable attorney’s
      fees,
      incurred by the Issuer as a result of a breach hereof by the Subscriber.
      Further, all of the representations and warranties of the Subscriber contained
      herein and all information furnished by the Subscriber to the Issuer are true,
      correct and complete in all respects, and the Subscriber agrees to notify the
      Issuer immediately of any change in any representation, warranty or other
      information set forth herein.

    

    (i) The
      Subscriber has been given the unrestricted opportunity to ask questions of,
      and
      receive answers from the Issuer, or persons acting on its behalf, concerning
      the
      terms and conditions of, and all other matters relating to the offering, and
      has
      been given the unrestricted opportunity to obtain such additional information
      with respect to the offering as he has desired, including, but not limited
      to,
      any additional information necessary to verify the accuracy of the information
      set forth in the attached documentation. The undersigned has carefully read
      all
      material identified as being attached hereto and has no further questions with
      respect thereto.

    

    (j) The
      Subscriber knows that the securities subscribed for herein are offered and
      sold
      pursuant to exemptions from registration and the Securities Act of 1933, and
      state securities law based, in part, on these warranties and representatives,
      which are the very essence of this Subscription Agreement, and constitute a
      material part of the bargained-for consideration without which this Agreement
      would not have been executed.

    

    (k) By
      reason
      of the Subscriber’s
      business or financial experience, the Subscriber has the capacity to protect
      his
      own interest in connection with this transaction or has a pre-existing personal
      or business relationship with the company or one or more of its officers,
      directors or controlling persons consisting of personal or business contacts
      of
      a nature and duration such as would enable a reasonably prudent purchaser to
      be
      aware of the character, business acumen and general business and financial
      circumstances of such person with whom such relationship exists.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        
        

      

    

    (l) This
      Agreement when fully executed and delivered to the Company will constitute
      a
      valid and legally binding obligation of the Subscriber, enforceable in
      accordance with its terms. The Subscriber, if it is a partnership, joint
      venture, corporation, trust or other entity, was not formed or organized for
      the
      specific purpose of acquiring the Shares. The purchase of the Shares by the
      Subscriber, if it is an entity investor, is a permissible investment,
      declaration of trust or other similar charter document, and has been duly
      approved by all requisite action by the entity’s
      owners,
      directors, officers or other authorized managers. The person signing this
      document and all documents necessary to consummate the purchase of the Shares
      has all requisite authority to sign such document on behalf of the Subscriber,
      if it is an entity investor.

    

    (m) In
      connection with this offering the Subscriber has received certain information
      from the Company which the Subscriber has reviewed and is familiar with the
      contents. The Subscriber has not duplicated or distributed this information
      to
      anyone other than his Purchaser Representative or other personal advisors,
      and
      will not do so in the future.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    (n) The
      Shares offered hereby were not offered to the Subscriber by way of general
      solicitation or general advertising and at no time was the Subscriber presented
      with or solicited by means of any leaflet, public promotional meeting, circular,
      newspaper or magazine article, radio or television advertisement.

    

    4. Governing
      Law.
      The
      laws of the state of Nevada shall govern this Subscription.

    

    5. Entire
      Agreement.
      This
      Subscription Agreement together with any other documents executed
      contemporaneously herewith, constitute the entire agreement between the parties
      with respect to the matters covered thereby, and may only be amended by a
      writing executed by all parties hereto.

    

    6. Survival
      of Representations.
      The
      representations, warranties, acknowledgments and agreements made by the
      Subscriber shall survive the acceptance of this Subscription and run in favor
      of, and for the benefit of, the Issuer.

    

    7. Waiver.
      No
      waiver or modification of any of the terms of this Agreement shall be valid
      unless in writing. No waiver of a breach of, or default under, any provision
      hereof shall be deemed a waiver of such provision or of any subsequent breach
      or
      default of the same or similar nature or of any other provision or condition
      of
      this Agreement.

    

    8. Counterparts.
      This
      Agreement may be executed 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.

    

    9. Notices.
      Except
      as otherwise required in this Agreement, any notice required or permitted under
      this Agreement shall be given in writing and shall be deemed effectively given
      upon personal delivery or upon deposit with the United States Post Office,
      by
      registered or certified mail, postage prepaid, addressed to the last known
      address of the party.

    

    10. Non-Assign
      Ability.
      The
      obligations of the Subscriber hereunder shall not be delegated or assigned
      to
      any other party without the prior written consent of the Company.

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

        
        

      

    

    11. Expenses.
      Each
      party shall pay all of its costs and expenses that it incurs with respect to
      the
      negotiation, execution and delivery of this Agreement.

    

    12. Form
      of Ownership.
      Please
      indicate the form of ownership that the Subscriber desires for the
      Shares:

    

    ____ Individual

    ____ Joint
      Tenants with Right of Survivorship

    ____ Tenants
      in Common

    ____ Community
      Property

    ____ Trust

    ____ Corporation

    ____ Partnership

    ____ Other:
      _____________________________

    

    

    

    

    INDIVIDUAL(S)
      SIGN HERE: SUBSCRIBER:

    

    (Signature)

    

    ____________________________________________

    (Print
      Name) 

    Date:
      ________________________________________ 

     

    ACCEPTED:
      COMPANY

    

    By:
      _________________________________________

    

    

    Date:
      ___________________ 

    

    

    

    Number
      of
      Shares Subscribed

    For
      Purchase: *1,000*Exhibit 10.6

     

    TIMESHARE
      HOLDINGS, INC

     

    July
      20,
      2007

     

    Timeshare
      Holdings, Inc and TimeShareLoans.com,
      Inc:

     

    Reference
      is made to the Agreement and Plan of Reorganization, dated March 9, 2007 (the
      "Agreement"),
      between Timeshare Holdings, Inc. ("T Holdings")
      and
      Timeshareloans.com,
      ("TIMESHARE")
      whereby TIMESHARE became a wholly owned subsidiary of T HOLDINGS. Pursuant
      to
      the
      Agreement 100% of the outstanding shares of common stool. of TIMESHARE
      (1,182.680 shares) were
      acquired by T HOLDINGS in exchange for 100% of the ou standing shares of common
      stock of TIMESHARE
      (29,991,000 shares).

     

    Pursuant
      to Article 2 of
      the
      Agreement:

     

    "Within
      30 days of Closing, T Holdings agreed to file with the U.S. Securities
and
      Exchange
      Commission and use its best efforts to make effective, a Registration Statement
      on
      Form
      SB-2 or other appropriate form ("Registration Statement") to register for resale
      certain
      number of shares as agreed upon by all parties prior to Closing... Should the
      Registration
      Statement not
      be
      declared effective by November 1, 2007, the Agreement would
      be
      rescinded and all shares of T HOLLANGS issued to TIMESHARE Shareholders
would
      be
      returned to T HOLDINGS and cancelled ind the shares of TIMESHARE held by T
      HODUNGS would be returned to the TIMES;-TARE Shareholders. Also, the directors
      and officers appointed at Closing shall res gn."

     

    It
      is
      hereby agreed
      that the
      November 1, 2007 deadline fa • the effectiveness of the Registration
Statement
      shall be changed to January 1, 2008, and all penalties that may be due as result
      of the Registration
      Statement not being declared effective prior to November 1,
      2007
      are
      hereby
      null and void.

     

    All
      other
      terms
      and
      conditions of the Agreement shall mail i in full
      force
      and
      effect.

     

    [SIGNATURE
      PAGE FOLLOWS]

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
TIMESHARE
      HOLDINGS, INC.

     

    
      	 	 	 
	 	
            
	 
 	 
 	 
 
	Date:
              July 23, 2007 	By:  	/s/ Paul
              Thompson
	 	
              
Paul
              Thompson
	 	Chief
              Executive Officer

    

     

     

    
      	
              AGREED
                AND ACKNOWLEDGED:

               

              TIMESHARELOANS.COM

               

               

            	 	 	 
	/s/ Paul
              Thompson	 	 	 
	
              
Paul
              Thompson	 	 	
            
	
              President

              Date: July 23, 2007

            	 	 	 

    

     

     

    

     

    
      2350
        5.
        Jones Blvd, Ste. 101 • Las Vegas, NV $9146 • 702-21; l-5830 • 702-215-5301
        Fax

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