Document:

Exhibit
      10.7

    

    AMENDMENT
      TO THE

    SHARE
      EXCHANGE AGREEMENT

    

    This
      Amendment to the SHARE
      EXCHANGE AGREEMENT
      (the
“Agreement”),
      dated
      August 31, 2007 by and among OJSE
      SMOLENERGY,
      a
      corporation formed under the laws of the Russian Federation (the
      “Company”),
      VICTOR
      EKIMOV,
      a
      citizen of the Russian Federation (“Mr.
      Ekimov”)
      and
RUSSOIL
      CORPORATION,
      a
      Nevada corporation (“Russoil”),
      filing reports pursuant to the Securities Exchange Act of 1934, as amended
      (the
“Exchange
      Act”)
      and the
      stockholders of the Company signatory hereto (the “Stockholders”).
      Each
      of the parties to this Agreement is individually referred to herein as a
“Party”
and
      collectively, as the “Parties.”

     

    BACKGROUND

    

    WHEREAS,
      the
      above Parties entered into the Share Exchange Agreement dated as of August
      31,
      2007.

    

    WHEREAS,
      the
      Agreement misidentified the Gorstovoe Holder, as being Mr. Ekimov, while, in
      fact, it is the Closed Joint Stock Company Zao Ariust;

    

    WHEREAS,
      the
      Parties desire to amend certain of the terms of the Agreement.

    

    Now,
      therefore, the Share Exchange Agreement is amended as follows:

     

    
      	 	
              A.

            	
              The
                preamble to the Share Exchange Agreement is amended to read as
                follow:

            

    

    

    SHARE
      EXCHANGE AGREEMENT

    

    This
      SHARE
      EXCHANGE AGREEMENT (the
      “Agreement”),
      dated
      as of August 31, 2007, is by and among OJSE
      SMOLENERGY,
      a
      corporation formed under the laws of the Russian Federation (the “Company”),
      VIKTOR
      EKIMOV,
      a
      citizen of the Russian Federation (“V.
      Ekimov”),
      the
      Closed Joint Stock Company ZAO
      ARIUST
      (“Ariust”)
      and
RUSSOIL
      CORPORATION, a
      Nevada
      corporation (“Russoil”),
      filing reports pursuant to the Securities Exchange Act of 1934, as amended
      (the
“Exchange
      Act”)
      and
      the stockholders of the Company signatory hereto (the “Stockholders”).
      Each
      of the parties to this Agreement is individually referred to herein as a
“Party”
and
      collectively, as the “Parties”.

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    

    
      	 	
              B.

            	
              Ariust
                shall become a party to the Agreement.

            

    

    

    
      	 	
              C.

            	
              The
                110,000,000 shares of the Company’s common stock (the “Shares”)
                delivered to Mr. Ekimov in his name, should have been delivered in
                the
                name of Ariust.

            

    

    

    
      	 	
              D.

            	
              The
                Parties agree to use their best efforts to transfer the Shares to
                Ariust
                or cause the Shares to be cancelled and redelivered to Ariust in
                the name
                of Ariust.

            

    

    

    
      	 	
              E.

            	
              This
                Amendment shall become effective as of the last date stated
                below.

            

    

    

    
      	 	
              F.

            	
              This
                Amendment shall be binding upon and inure to the benefit of the Parties
                hereto and their respective heirs, successors and
                assigns.

            

    

    

    
      	 	
              G.

            	
              On
                and after the date, execution and delivery hereof, (i) this Amendment
                shall be part of the Agreement; (ii) each reference in the Agreement
                to
                “this Agreement”, “hereof”, “hereunder” or words of like import, and each
                reference in any other document to the Agreement shall mean and be
                a
                reference to the Agreement as amended or modified
                hereby.

            

    

     

    
      	
            	F.	
              Counterparts;
                Facsimile Execution. This Amendment may be executed in one or more
                counterparts, all of which shall be considered one and the same agreement
                and shall become effective when one or more counterparts have been
                signed
                by each of the Parties and delivered to the other Parties. Facsimile
                execution and delivery of this Agreement is legal, valid and binding
                for
                all purposes.

            

    

     

    
      	
            	G.	
              Governing
                Law. This Amendment shall be governed by, and construed in accordance
                with, the laws of the State of New York, regardless of the laws that
                might
                otherwise govern under applicable principles of conflicts of laws
                thereof,
                except to the extent the laws of Nevada are mandatorily applicable
                to the
                Transactions.

            

    

    

    
      	
               

            	
              RUSSOIL
                CORPORATION

            
	
               

            	
                

            	
               

            
	 	
              By:

            	
              /s/
                Evgeny Bagay

            
	
               

            	
              Name:  
                

            	
              Evgeny
                Bagay

            
	
               

            	
              Title:

            	
              Chief
                Executive Officer

            
	 	
              Dated
                December 12, 2007

            

    

       

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

    

    
      	
               

            	
              OJSE
                SMOLENERGY

            
	
               

            	
               

            	
                

            
	 	
              By:

            	
              /s/
                Evgeny Bagay

            
	
               

            	
              Name:

            	
              Evgeny
                Bagay

            
	
               

            	
              Title:

            	
              Deputy
                of the General Director

            
	 	
              Dated:
                December 12, 2007

            

    

     

    
      	
              THE
                STOCKHOLDERS:

            
	 
	
              /s/
                Elias Kamennoy

            
	
               
                Elias Kamennoy

            
	
              Number
                of shares the Company

            
	
              owned:
                500

            
	
              Dated:
                December 12, 2007

            
	 
	
              /s/
                Evgeny Bagay

            
	
              Evgeny
                Bagay

            
	
              Number
                of shares the Company

            
	
              owned:
                2,500

            
	
              Dated:
                December 12, 2007

            
	 
	
              /s/
                Evgeny Fedosov

            
	
              Evgeny
                Fedosov

            
	
              Number
                of shares the Company

            
	
              owned:
                7,000

            
	
              Dated:
                December 12, 2007

            
	 
	
              /s/
                Viktor Ekimov

            
	
              Viktor
                Ekimov

            
	
              Dated:
                December 12, 2007

            
	 
	
              CLOSED
                JOINT STOCK COMPANY

            
	
              ZAO
                ARIUST

            
	 
	
              By:

            	
              /s/
                Viktor Ekimov

            
	 	
              Viktor
                Ekimov

            
	
               

            	
              Title: 

            
	 	
              Dated:
                December 12, 2007

            

    

     

    
      
        
        

      

      
        3AMENDED
      AND RESTATED 

    CERTIFICATE
      OF DESIGNATION

    OF
      THE

    SERIES
      E PREFERRED STOCK

    (Par
      Value $0.01 Per Share)

    OF

    TURNAROUND
      PARTNERS, INC.

     

    
      

    

    

    The
      undersigned, a duly authorized officer of TURNAROUND PARTNERS,
      INC., a Nevada corporation (f/k/a Emerge Capital Corp., the Delaware
      corporation and hereinafter referred to as the “Company”), in accordance
      with the provisions of Section 78.390 of the Nevada Revised Statutes,
DOES HEREBY CERTIFY that the following amended and restated
      resolution was duly adopted by the Board of Directors of the Company (the
“Board”) by unanimous written consent pursuant to Section 78.315 of the
      Nevada Revised Statutes on or about February 12, 2008:

     

    WHEREAS,
      that
      effective December 5, 2007, the Board approved the designation of Series E
      convertible preferred stock, par value of $0.01 (“Series
      E Preferred Stock”),
      to
      consist of One (1) share; and

     

    WHEREAS,
      on
      December 5, 2007, the Company originally entered into that certain Stock
      Purchase Agreement (the “Purchase
      Agreement”)
      with
      the Buyer named therein (the “Investor”)
      and
      Mr. Timothy J. Connolly whereby the Company shall issue One (1) share of Series
      E Preferred Stock to the Investor in exchange for the transfer by the Investor
      to the Company of Four Million (4,000,000) shares of Asset Capital Group, Inc.,
      a Nevada corporation, with a fair market value of Three Million Four Hundred
      Thousand Dollars ($3,400,000) (the “ACGU
      Shares”);
      and

     

    WHEREAS,
      on
      February 12, 2008, the Company entered into an Amendment to the Purchase
      Agreement pursuant to which the One (1) share of Series E Preferred Stock shall
      be convertible into Three Hundred Million (300,000,000) shares of Common Stock
      on the amended and restated terms set forth herein; and 

     

    WHEREAS,
      One (1)
      share of Series E Preferred Stock has been issued in connection with the
      Purchase Agreement and the Board has determined that it is in the best interests
      of the Company to amend and restate the powers, designations, preferences and
      relative, participating, optional and other special rights for the Series E
      Preferred Stock set forth herein.

     

    RESOLVED
      that the
      Series E Preferred Stock shall have the following amended and restated powers,
      designations, preferences and relative, participating, optional and other
      special rights:

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    SECTION
      1

     

    DESIGNATION
      AND RANK

     

    1.1. Designation.
      This
      resolution shall provide for a single series of preferred stock, the designation
      of which shall be “Series E Preferred Stock”, par value of $0.01 per share. The
      number of authorized shares constituting the Series E Preferred Stock is One
      (1)
      share. The Series E Preferred Stock shall have no liquidation preference as
      set
      forth in Section 3.1 below.

     

    1.2. Rank.
      With
      respect to the payment of dividends and other distributions on the capital
      stock
      of the Company, including the distribution of the assets of the Company upon
      liquidation, the Series E Preferred Stock shall rank pari passu with the Common
      Stock on an “as converted” basis, junior to all previously authorized issued
      series of preferred stock and senior to all other series of preferred stock.
      

     

    SECTION
      2

     

    DIVIDEND
      RIGHTS

     

    2.1. Dividends
      or Distributions.
      The
      Investor shall be entitled to receive dividends or distributions on
      his
      share of Series E Preferred Stock on an “as converted” basis as provided in
      Section 4 hereof when and if dividends are declared on the Common Stock by
      the
      Board. Dividends shall
      be
      paid in cash or property, as determined by the Board. 

     

    SECTION
      3

     

    LIQUIDATION
      RIGHTS

     

    3.1. Liquidation
      Preference.
      The
      Series E Preferred Stock shall have no liquidation preference.

     

    SECTION
      4

     

    CONVERSION
      RIGHTS

     

    4.1. Subject
      to the limitations set forth herein below, the Investor’s share of Series E
      Preferred Stock shall be convertible (the “Conversion
      Rights”),
      at
      the option of the Investor at any time and from time to time up to and including
      February 13, 2008, into Three Hundred Million shares of Common Stock
      (“Conversion
      Shares”).
      The
      shares of Common Stock received upon conversion shall be fully paid and
      non-assessable shares of Common Stock. 

     

    4.2. Adjustments.
      The
      Conversion Rights of the Series E Preferred Stock as described in Section 4.1
      above shall be adjusted from time to time as follows:

     

    (a) In
      the
      event of any reclassification of the Common Stock or recapitalization involving
      Common Stock (including a subdivision, or combination of shares or any other
      event described in this Section 4.2) the holder of Series E Preferred Stock
      shall thereafter be entitled to receive, and provision shall be made therefore
      in any agreement relating to the reclassification or recapitalization, upon
      conversion of the Series E Preferred Stock, the kind and number of shares of
      Common Stock or other securities or property (including cash) to which such
      holder of Series E Preferred Stock would have been entitled if he had held
      the
      number of shares of Common Stock into which the Series E Preferred Stock was
      convertible immediately prior to such reclassification or recapitalization;
      and
      in any such case appropriate adjustment shall be made in the application of
      the
      provisions herein set forth with respect to the rights and interests thereafter
      of the holder of the Series E Preferred Stock, to the end that the provisions
      set forth herein shall thereafter be applicable, as nearly as reasonably may
      be,
      in relation to any shares, other securities, or property thereafter receivable
      upon conversion of the Series E Preferred Stock. An adjustment made pursuant
      to
      this subparagraph (a) shall become effective at the time at which such
      reclassification or recapitalization becomes effective.

     

    
      
        
        

      

      
        -
          2 -

        
          

        

      

      
        
        

      

    

     

    (b) In
      the
      event the Company shall declare a distribution payable in securities of other
      entities or persons, evidences of indebtedness issued by the Company or other
      entities or persons, assets (excluding cash dividends) or options or rights
      not
      referred to in Section 4.2(a) above, the holder of the Series E Preferred Stock
      shall be entitled to a proportionate share of any such distribution as though
      he
      was the holder of the number of shares of Common Stock of the Company into
      which
      his shares of Series E Preferred Stock are convertible as of the record date
      fixed for the determination of the holders of shares of Common Stock of the
      Company entitled to receive such distribution or if no such record date is
      fixed, as of the date such distribution is made.

     

    4.3. Procedures
      for Conversion.
      

     

    (a) In
      order
      to exercise the Conversion Rights pursuant to Section 4.1 above, the Investor
      shall deliver an irrevocable written notice of such exercise to the Company
      at
      its principal office. The Investor shall, upon the conversion of Series E
      Preferred Stock in accordance with this Section 4, surrender the certificate
      representing such share of Series E Preferred Stock to the Company, at its
      principal office, and specify the name or names in which the Investor wishes
      the
      certificate or certificates for shares of Common Stock to be issued. In case
      the
      Investor shall specify a name or names other than that of the Investor, such
      notice shall be accompanied by payment of all transfer taxes (if transfer is
      to
      a person or entity other than the holder thereof) payable upon the issuance
      of
      shares of Common Stock in such name or names. As promptly as practicable, and,
      if applicable, after payment of all transfer taxes (if transfer is to a person
      or entity other than the holder thereof), the Company shall deliver or cause
      to
      be delivered certificates representing the number of validly issued, fully
      paid
      and non-assessable shares of Common Stock to which the Investor shall be
      entitled. Such conversion, to the extent permitted by law, shall be deemed
      to
      have been effected as of the date of receipt by the Company of any notice of
      conversion pursuant to this Section 4.3(a), upon the occurrence of any event
      specified therein. Upon conversion of the share of Series E Preferred Stock,
      such share shall cease to constitute a share of Series E Preferred Stock and
      shall represent only a right to receive shares of Common Stock into which it
      has
      been converted.

     

    (b) In
      connection with the conversion of the share of Series E Preferred Stock, no
      fractions of shares of Common Stock shall be issued, but the Company shall
      pay
      cash in lieu of such fractional interest in an amount equal to the product
      such
      fractional interest multiplied by the Reported Last Price of the Common Stock.
      “Reported
      Last Price”
means
      the reported price, regular way, or, in case no sale takes place on such day,
      the average of the reported closing bid and asked prices, regular way, of the
      Common Stock as reported on the National Market System of the National
      Association of Securities Dealers, Inc. Automated Quotation System
      (“NASDAQ”)
      or the
      Over-the-Counter Bulletin Board (“OTCBB”),
      as
      the case may be; or, if the Common Stock is so not quoted, the average of the
      closing bid and asked prices on such day as reported by NASDAQ or OTCBB, as
      the
      case may be; or, if bid and asked prices for the Common Stock on each such
      day
      shall not have been so reported, the average of the bid and asked prices for
      such day as furnished by any New York Stock Exchange member firm regularly
      making a market in the Common Stock selected for such purpose by the Company
      and
      if no such quotations are available, the fair market value of a share of the
      Common Stock, as determined by any New York Stock Exchange member firm regularly
      making a market in the Common Stock selected for such purpose by the Company.
      

     

    
      
        
        

      

      
        -
          3 -

        
          

        

      

      
        
        

      

    

     

    (c) After
      the
      effectiveness of the Reverse Split, the Company shall at all times reserve
      and
      keep available out of its authorized Common Stock the full number of shares
      of
      Common Stock of the Company issuable upon the conversion of the share of Series
      E Preferred Stock. In the event that the Company does not have a sufficient
      number of shares of authorized but unissued Common Stock necessary to satisfy
      the full conversion of share of Series E Preferred Stock, then the Company shall
      call and hold a meeting of the stockholders within forty-five (45) days of
      such
      occurrence for the sole purpose of increasing the number of authorized shares
      of
      Common Stock. The Board shall recommend to stockholders a vote in favor of
      such
      proposal and shall vote all shares held by them, in proxy or otherwise, in
      favor
      of such proposal. This remedy is not intended to limit the remedies available
      to
      the holder of the Series E Preferred Stock, but is intended to be in addition
      to
      any other remedies, whether in contract, at law or in equity.

     

    4.4. Notices
      of Record Date.
      In the
      event that the Company shall propose at any time: (i) to declare any dividend
      or
      distribution upon any class or series of capital stock, whether in cash,
      property, stock or other securities; (ii) to effect any reclassification or
      recapitalization of its Common Stock outstanding involving a change in the
      Common Stock; or (iii) to merge or consolidate with or into any other
      corporation, or to sell, lease or convey all or substantially all of its
      property or business, or to liquidate, dissolve or wind up; then, in connection
      with each such event, the Company shall mail to the holder of Series E Preferred
      Stock:

     

    (a) at
      least
      twenty (20) days’ prior written notice of the date on which a record shall be
      taken for such dividend or distribution (and specifying the date on which the
      holders of the affected class or series of capital stock shall be entitled
      thereto) or for determining the rights to vote, if any, in respect of the
      matters referred to in clauses (ii) and (iii) in Section 4.4 above;
      and

     

    (b) in
      the
      case of the matters referred to in Section 4.4 (ii) and (iii) above, written
      notice of such impending transaction not later than twenty (20) days prior
      to
      the stockholders’ meeting called to approve such transaction, or twenty (20)
      days prior to the closing of such transaction, whichever is earlier, and shall
      also notify such holder in writing of the final approval of such transaction.
      The first of such notices shall describe the material terms and conditions
      of
      the impending transaction (and specify the date on which the holders of shares
      of Common Stock shall be entitled to exchange their Common Stock for securities
      or other property deliverable upon the occurrence of such event) and the Company
      shall thereafter give such holders prompt notice of any material changes. The
      transaction shall in no event take place sooner than twenty (20) days after
      the Company has given the first notice provided for herein or sooner than ten
      (10) days after the Company has given notice of any material changes provided
      for herein.

     

    
      
        
        

      

      
        -
          4 -

        
          

        

      

      
        
        

      

    

     

    SECTION
      5

     

    VOTING
      RIGHTS

     

    5.1. General.
      Except
      as otherwise provided herein or required by law, the holder of Series E
      Preferred Stock, on an “as converted” basis as of the time a vote is taken, and
      the holders of Common Stock shall vote together and not as separate
      classes.

     

    5.2. Preferred
      Stock.
      The
      Investor holding one (1) share of Series E Preferred Stock shall be entitled
      to
      cast a number of votes equal to 3,400,000,000 shares of Common Stock on all
      matters submitted to the stockholders of the Company for approval. The Investor
      holding one (1) share of Series E Preferred Stock shall be entitled to vote
      on
      all matters on which the Common Stock shall be entitled to vote. The Investor
      holding one (1) share of Series E Preferred Stock shall be entitled to notice
      of
      any stockholders meeting in accordance with the Bylaws of the Company.

     

    SECTION
      6

     

    MISCELLANEOUS

     

    6.1. Headings
      of Subdivisions.
      The
      headings of the various Sections hereof are for convenience of reference only
      and shall not affect the interpretation of any of the provisions
      hereof.

     

    6.2. Severability
      of Provisions.
      If any
      right, preference or limitation of the Series E Preferred Stock set forth herein
      (as this resolution may be amended from time to time) is invalid, unlawful
      or
      incapable of being enforced by reason of any rule of law or public policy,
      all
      other rights, preferences and limitations set forth in this resolution (as
      so
      amended) which can be given effect without the invalid, unlawful or
      unenforceable right, preference or limitation shall, nevertheless, remain in
      full force and effect, and no right, preference or limitation herein set forth
      shall be deemed dependent upon any other such right, preference or limitation
      unless so expressed herein.

     

    6.3. Stock
      Transfer Taxes.
      The
      Corporation shall pay any and all stock transfer and documentary stamp taxes
      that may be payable in respect of any issuance or delivery of the share of
      Series E Preferred Stock or shares of Common Stock or other securities issued
      on
      account of Series E Preferred Stock pursuant hereto or certificates representing
      such shares or securities.

     

    6.4. Transfer
      Agent.
      The
      Corporation may appoint, and from time to time discharge and/or replace, a
      transfer agent of the Series E Preferred Stock. Upon any such appointment or
      discharge of a transfer agent, the Corporation shall send notice thereof by
      first-class mail, postage prepaid, to the holder of record of Series E Preferred
      Stock.

     

    
      
        
        

      

      
        -
          5 -

        
          

        

      

      
        
        

      

    

     

    6.5. Transferability.
      Subject
      to any transfer restriction agreements that my be entered into by the holder
      of
      Series E Preferred Stock, the Series E Preferred Stock shall be transferable
      by
      the holder, provided that such transfer is made in compliance with applicable
      federal and state securities laws.

    
      
        
        

      

      
        -
          6 -

        
          

        

      

      
        
        

      

    

    WITNESS
      WHEREOF,
      the
      Company has caused this Amended and Restated Certificate of Designation to
      be
      signed, under penalties of perjury, by Russell Kidder, its President and Chief
      Executive Officer.

     

    
      	
              Dated: February
                12, 2008

            	TURNAROUND
              PARTNERS, INC.
	 	 	 
	 	By:	
              /s/
                Russell Kidder 

            
	 	Name:	
               Russell
                Kidder

            
	 	Title:	
               President
                and CEO

            

    

    

    
      
        
        

      

      
        -
          7 -

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