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    CROMWELL
      URANIUM CORP.

    

    EXECUTIVE
      EMPLOYMENT AGREEMENT

    

    THIS
      EXECUTIVE EMPLOYMENT AGREEMENT (this "Agreement") is made between Cromwell
      Uranium Corp., a Nevada corporation and its affiliated companies (collectively
      referred to as the “Company"), and Robert McIntosh (“Executive”). Unless
      otherwise indicated, all references to Sections are to Sections in this
      Agreement. This Agreement is effective as of the “Effective Date” set forth in
      Section 14 below. 

     

    W
      I T N E S S E T H:

    

    WHEREAS,
      the
      Company desires to obtain the services of Executive, and Executive desires
      to be
      employed by the Company upon the terms and conditions hereinafter set
      forth;

    

    NOW,
      THEREFORE,
      in
      consideration of the premises, the agreements herein contained and other good
      and valuable consideration, receipt of which is hereby acknowledged, the parties
      hereto agree as of the date hereof as follows:

    

    1.
      Employment. The Company hereby agrees to employ Executive, and Executive hereby
      agrees to serve the Company, as its President and Chief Executive Officer
      (“Employment”) and as a Director for a period of twelve (12) months beginning on
      the Effective Date. This Agreement is renewable upon the mutual written consent
      of the parties within
      thirty (30) days of the ending date of this Agreement.
      Any
      such renewal shall also be for a period of twelve (12) months.

    

    2.
      Scope
      of Employment. 

    

    (a)
      During the Employment, Executive will serve as President and Chief Executive
      Officer of the Company. In that connection, Executive will (i) devote his
      full-time attention and energies to the business of the Company and will
      diligently and to the best of his ability perform all duties incident to his
      employment hereunder; (ii) use his best efforts to promote the interests and
      goodwill of the Company; and (iii) perform such other duties commensurate with
      his office as the Board of Directors of the Company may from time-to-time assign
      to him.

    

    (b)
      Section 2(a) shall not be construed as preventing Executive from (i) serving
      on
      corporate, civic or charitable boards or committees, or (ii) making investments
      in other businesses or enterprises; provided that in no event shall any such
      service, business activity or investment require the provision of substantial
      services by Executive to the operations or the affairs of such businesses or
      enterprises such that the provision thereof would interfere in any respect
      with
      the performance of Executive's duties hereunder; and subject to Section
      6.

    

    3.
      Compensation and Benefits During Employment. During the Employment, the Company
      shall provide compensation to Executive as follows.

    

    (a)
      The
      Company shall pay Executive $15,000 per month in equal monthly installments.
      The
      Company shall be responsible for the withholding and payment of all taxes to
      the
      Internal Revenue Service as well as any and other taxes payable in the United
      States including taxes payable to any state and local jurisdiction.

    

    (b)
      The
      Company shall reimburse Executive for business expenses incurred by Executive
      in
      connection with the Employment in accordance with the Company’s then-current
      policies.

    

    (c)
      Executive will be entitled to participate in any health insurance or other
      employee benefit plan which the Company may adopt in the future.

    

    (d)
      Executive will be entitled to four (4) weeks of paid vacation per
      year.

    

    (e)
      Executive will be entitled to participate in any incentive program or
      discretionary bonus program of the Company which may be implemented in the
      future by the Board of Directors.

    

    (f)
      Executive will be entitled to participate in any stock option plan of the
      Company which may be approved in the future by the Board of
      Directors.

    

    Any
      act,
      or failure to act, based upon authority given pursuant to a resolution duly
      adopted by the Board or based upon the advice of counsel for the Company shall
      be conclusively presumed to be done, or omitted to be done, by Executive in
      good
      faith and in the best interests of the Company and thus shall not be deemed
      grounds for Termination for Cause.

    

    4.
      Confidential Information. 

    

    (a)
      Executive acknowledges that the law provides the Company with protection for
      its
      trade secrets and confidential information. Executive will not disclose,
      directly or indirectly, any of the Company’s confidential business information
      or confidential technical information to anyone without authorization from
      the
      Company’s management. Executive will not use any of the Company’s confidential
      business information or confidential technical information in any way, either
      during or after the Employment with the Company, except as required in the
      course of the Employment.

    

    (b)
      Executive will strictly adhere to any obligations that may be owed to former
      employers insofar as Executive’s use or disclosure of their confidential
      information is concerned. 

    

    (c)
      Information will not be deemed part of the confidential information restricted
      by this Section 4 if Executive can show that: (i) the information was in
      Executive’s possession or within Executive’s knowledge before the Company
      disclosed it to Executive; (ii) the information was publicly disclosed; (iii)
      Executive obtained the information from a party having the right to disclose
      it
      to Executive without violation of any obligation to the Company, or (iv)
      Executive is required to disclose the information pursuant to legal process
      (e.g., a subpoena), provided that Executive notifies the Company immediately
      upon receiving or becoming aware of the legal process in question. No
      combination of information will be deemed to be within any of the four
      exceptions in the previous sentence, however, whether or not the component
      parts
      of the combination are within one or more exceptions, unless the combination
      itself and its economic value and principles of operation are themselves within
      such an exception or exceptions. 

    

    (d)
      All
      originals and all copies of any drawings, blueprints, manuals, reports, computer
      programs or data, notebooks, notes, photographs, and all other recorded,
      written, or printed matter relating to research, manufacturing operations,
      or
      business of the Company made or received by Executive during the Employment
      are
      the property of the Company. Upon Termination of the Employment, whether or
      not
      for Cause, Executive will immediately deliver to the Company all property of
      the
      Company which may still be in Executive’s possession. Executive will not remove
      or assist in removing such property from the Company’s premises under any
      circumstances, either during the Employment or after Termination thereof, except
      as authorized by the Company’s management.

    

    5.
      Ownership of Intellectual Property.

    

    (a)
      The
      Company will be the sole owner of any and all of Executive’s Inventions that are
      related to the Company’s business, as defined in more detail below.

    

    (b)
      For
      purposes of this Agreement, “Inventions” means all inventions, discoveries, and
      improvements (including, without limitation, any information relating to
      manufacturing techniques, processes, formulas, developments or experimental
      work, work in progress, or business trade secrets), along with any and all
      other
      work product relating thereto. 

    

    (c)
      An
      Invention is “related to the Company’s business” (“Company-Related Invention”)
      if it is made, conceived, or reduced to practice by Executive (in whole or
      in
      part, either alone or jointly with others, whether or not during regular working
      hours), whether or not potentially patentable or copyrightable in the U.S.
      or
      elsewhere, and it either: (i) involves equipment, supplies, facilities, or
      trade
      secret information of the Company; (ii) involves the time for which Executive
      was or is to be compensated by the Company; (iii) relates to the business of
      the
      Company or to its actual or demonstrably anticipated research and development;
      or (iv) results, in whole or in part, from work performed by Executive for
      the
      Company. 

    

    (d)
      Executive will promptly disclose to the Company, or its nominee(s), without
      additional compensation, all Company-Related Inventions. 

    

    (e)
      Executive will assist the Company, at the Company’s expense, in protecting any
      intellectual property rights that may be available anywhere in the world for
      such Company-Related Inventions, including signing U.S. or foreign patent
      applications, oaths or declarations relating to such patent applications, and
      similar documents.

    

    (f)
      To
      the extent that any Company-Related Invention is eligible under applicable
      law
      to be deemed a “work made for hire,” or otherwise to be owned automatically by
      the Company, it will be deemed as such, without additional compensation to
      Executive. In some jurisdictions, Executive may have a right, title, or interest
      (“Right,” including without limitation all right, title, and interest arising
      under patent law, copyright law, trade-secret law, semiconductor chip protection
      law, or otherwise, anywhere in the world, including the right to sue for present
      or past infringement) in certain Company-Related Inventions that cannot be
      automatically owned by the Company. In that case, if applicable law permits
      Executive to assign Executive’s Right(s) in future Company-Related Inventions at
      this time, then Executive hereby assigns any and all such Right(s) to the
      Company, without additional compensation to Executive; if not, then Executive
      agrees to assign any and all such Right(s) in any such future Company-Related
      Inventions to the Company or its nominee(s) upon request, without additional
      compensation to Executive.

    

    6.
      Non-competition. As a condition to, and in consideration of, the Company’s
      entering into this Agreement, and giving Executive access to certain
      confidential and proprietary information, which Executive recognizes is valuable
      to the Company and, therefore, its protection and maintenance constitutes a
      legitimate interest to be protected by the provisions of this Section 6 as
      applied to Executive and other employees similarly situated to Executive, and
      for ten dollars ($10) and other good and valuable consideration, the receipt
      and
      sufficiency of which Executive hereby acknowledges, Executive acknowledges
      and
      hereby agrees as follows:

    

    (a)
      that
      Executive is and will be engaged in the business of the Company;

    

    (b)
      that
      Executive has occupied a position of trust and confidence with the Company
      prior
      to the Effective Date, and that during such period and the period of Executive’s
      Employment under this Agreement, Executive has, and will, become familiar with
      the Company’s trade secrets and with other proprietary and confidential
      information concerning the Company;

    

    (c)
      that
      the obligations of this Agreement are directly related to the Employment and
      are
      necessary to protect the Company’s legitimate business interests; and that the
      Company’s need for the covenants set forth in this Agreement is based on the
      following: (i) the substantial time, money and effort expended and to be
      expended by the Company in developing technical designs, computer program source
      codes, marketing plans and similar confidential information; (ii) the fact
      that
      Executive will be personally entrusted with the Company’s confidential and
      proprietary information; (iii) the fact that, after having access to the
      Company’s technology and other confidential information, Executive could become
      a competitor of the Company; and (iv) the highly competitive nature of the
      Company’s industry, including the premium that competitors of the Company place
      on acquiring proprietary and competitive information; and

    

    (d)
      that
      for a period commencing on the Effective Date and ending one (1) year following
      Termination as provided in Section 11, Executive shall not in any way engage,
      without the Company’s written consent (such consent not to be unreasonably
      withheld), in any business in competition with the business of the Company,
      or
      seek any position from any company or individual who competes with the business
      of the Company, or accept any capacity or position offered by any company or
      individual who competes in the business of the Company. The “business
      of the Company”
as
      referred to in this Agreement means the business of uranium exploration within
      North America.

    

    7.
      Legal
      Fees and Expenses. In the event of a lawsuit, arbitration, or other
      dispute-resolution proceeding between the Company and Executive arising out
      of
      or relating to this Agreement, the prevailing party, in the proceeding as a
      whole and/or in any interim or ancillary proceedings (e.g., opposed motions,
      including without limitation motions for preliminary or temporary injunctive
      relief) will be entitled to recover its reasonable attorneys’ fees and expenses
      unless the court or other forum determines that such a recovery would not serve
      the interests of justice. 

    

    8.
      Successors. 

    

    (a)
      This
      Agreement shall inure to the benefit of and be binding upon (i) the Company
      and
      its successors and assigns and (ii) Executive and Executive’s heirs and legal
      representatives, except that Executive’s duties and responsibilities under this
      Agreement are of a personal nature and will not be assignable or delegable
      in
      whole or in part.

    

    (b)
      The
      Company will require any successor (whether direct or indirect, by purchase,
      merger, consolidation or otherwise) to all or substantially all of the business
      and/or assets of the Company to assume expressly and agree to perform this
      Agreement in the same manner and to the same extent that the Company would
      be
      required to perform it if no such succession had taken place. As used in this
      Agreement, "the Company" shall mean the Company as hereinbefore defined and
      any
      successor to its business and/or assets as aforesaid which assumes and agrees
      to
      perform this Agreement by operation of law, or otherwise.

    

    9.
      Arbitration.

    

    (a)
      Except as set forth in paragraph (b) of this Section 9 or to the extent
      prohibited by applicable law, any dispute, controversy or claim arising out
      of
      or relating to this Agreement will be submitted to binding arbitration before
      a
      single arbitrator in accordance with the National Rules for the Resolution
      of
      Employment Disputes of the American Arbitration Association in effect on the
      date of the demand for arbitration. The arbitration shall take place before
      a
      single arbitrator, who will preferably but not necessarily be a lawyer but
      who
      shall have at least five years’ experience in working in or with companies
      engaged in the industry in which the Company is engaged. Unless otherwise agreed
      by the parties, the arbitration shall take place in the city in which
      Executive’s principal office space is located at the time of the dispute or was
      located at the time of Termination of the Employment (if applicable). The
      arbitrator is hereby directed to take all reasonable measures not inconsistent
      with the interests of justice to expedite, and minimize the cost of, the
      arbitration proceedings.

    

    (b)
      To
      protect inventions, trade secrets, or other confidential information of Section
      4, and/or to enforce the non-competition provisions of Section 6, the Company
      may seek temporary, preliminary, and/or permanent injunctive relief in a court
      of competent jurisdiction, in each case, without waiving its right to
      arbitration. 

    

    (c)
      At
      the request of either party, the arbitrator may take any interim measures s/he
      deems necessary with respect to the subject matter of the dispute, including
      measures for the preservation of confidentiality set forth in this Agreement.
      

     

    (d)
      Judgment upon the award rendered by the arbitrator may be entered in any court
      having jurisdiction.

    

    10.
      Indemnification. Company shall to the fullest extent permitted by law or as
      set
      forth in the Articles of Incorporation, and any future amendments, and the
      Bylaws of the Company, indemnify, defend and hold harmless Executive from and
      against any and all claims, demands, proceedings, liabilities, damages, losses
      and expenses (including attorney's fees, court costs and disbursements) arising
      out of the fact that he is or was a director or officer of the Company, or
      the
      performance of his duties hereunder except in the case of Executive’s gross
      negligence, willful misconduct, criminal conduct or violations of
      law.

    

    11.
      Termination.

    

    This
      Agreement and the employment relationship created hereby will terminate (i)
      upon
      the death or disability of Executive under Section 11 (a) or 11(b); (ii) with
      cause under Section 11 (c); (iii) for good reason under Section 11 (d); or
      (iv)
      without cause under Section 11(e).

    

    
      	 	
              (a)

            	
              Disability.
                Company
                shall have the right to terminate the employment of Executive under
                this
                Agreement for disability in the event Executive suffers an injury,
                illness, or incapacity of such character as to substantially disable
                him
                from performing his duties without reasonable accommodation by Executive
                hereunder for a period of more than thirty (30) consecutive days
                upon
                Company giving at least thirty (30) days written notice of termination.
                

            

    

    

    
      	 	
              (b)

            	
              Death.
                This
                agreement will terminate on the Death of the
                Executive.

            

    

    

    
      	 	
              (c)

            	
              With
                Cause.
                Company may terminate this Agreement at any time because of (i)
                Executive’s material breach of any term of the Agreement, (ii) the
                determination by the Board of Directors in the exercise of its reasonable
                judgment that Executive has committed an act or acts constituting
                a felony
                or other crime involving moral turpitude, dishonesty or theft or
                fraud; or
                (iii) Executive’s negligence in the performance of his duties
                hereunder.

            

    

    

    
      	 	
              (d)

            	
              Good
                Reason.
                The Executive may terminate his employment for “Good Reason” by giving
                Company ten (10) days written notice
                if:

            

    

    

    
      	 	
              (i)

            	
              he
                is assigned, without his express written consent, any duties materially
                inconsistent with his positions, duties, responsibilities, or status
                with
                Company as of the date hereof, or a change in his reporting
                responsibilities or titles as in effect as of the date
                hereof;

            

    

    

    (ii) his
      compensation is reduced; or

    

    
      	 	
              (iii)

            	
              Company
                does not pay any material amount of compensation due hereunder and
                then
                fails either to pay such amount within the ten (10) day notice period
                required for Termination hereunder or to contest in good faith such
                notice. Further, if such contest is not resolved within thirty (30)
                days,
                Company shall submit such dispute to arbitration under Section 9.
                

            

    

     

    	(e)  	
            Without
              Cause.
              Company
              may terminate this Agreement without cause upon providing the Executive
              with thirty (30) days’ written notice.

          

    

    12.
      Obligations of Company upon Termination.

    

    (a)
      In
      the event of the termination of Executive’s employment pursuant to Section
      11(a), (b) or (c), Executive will be entitled only to the compensation earned
      by
      him hereunder as of the date of such termination (plus life insurance or
      disability benefits).

    

    (b) In
      the
      event of the termination of Executive’s employment pursuant to Section 11 (d) or
      (e), Executive will be entitled to receive as severance pay, an amount equal
      to
      the monthly compensation provided for in Section 3(a) multiplied by a factor
      of
      three (3) in addition to all payments of salary earned through the date of
      termination in one lump sum.

    

    13.
      Other
      Provisions. 

    

    (a)
      All
      notices and statements with respect to this Agreement must be in writing.
      Notices to the Company shall be delivered to the Chairman of the Board or any
      vice president of the Company. Notices to Executive may be delivered to
      Executive in person or sent to Executive’s then-current home address as
      indicated in the Company’s records.

    

    (b)
      This
      Agreement sets forth the entire agreement of the parties concerning the subjects
      covered herein; there are no promises, understandings, representations, or
      warranties of any kind concerning those subjects except as expressly set forth
      in this Agreement.

    

    (c)
      Any
      modification of this Agreement must be in writing and signed by all parties;
      any
      attempt to modify this Agreement, orally or in writing, not executed by all
      parties will be void. 

    

    (d)
      If
      any provision of this Agreement, or its application to anyone or under any
      circumstances, is adjudicated to be invalid or unenforceable in any
      jurisdiction, such invalidity or unenforceability will not affect any other
      provision or application of this Agreement which can be given effect without
      the
      invalid or unenforceable provision or application and will not invalidate or
      render unenforceable such provision or application in any other
      jurisdiction.

    

    (e)
      This
      Agreement will be governed and interpreted under the laws of the United States
      of America and the laws of the State of Nevada as applied to contracts made
      and
      carried out in Nevada by residents of Nevada.

    

    (f)
      No
      failure on the part of any party to enforce any provisions of this Agreement
      will act as a waiver of the right to enforce that provision.

    

    (g)
      Section headings are for convenience only and shall not define or limit the
      provisions of this Agreement.

    

    (h)
      This
      Agreement may be executed in several counterparts, each of which is an original.
      It shall not be necessary in making proof of this Agreement or any counterpart
      hereof to produce or account for any of the other counterparts. A copy of this
      Agreement signed by one party and faxed to another party shall be deemed to
      have
      been executed and delivered by the signing party as though an original. A
      photocopy of this Agreement shall be effective as an original for all
      purposes.

    

    14.
      Summary of Terms of Employment 

    

    Effective
      Date    July
      _______, 2007

    
      	 	 	
              Term

            	 	 	 	 	
              One
                year, renewable

            

    

    Office
      /
      Position   President
      and Chief Executive Officer

    
      	 	 	
              Salary

            	 	 	 	 	
              $15,000
                per month 

            

    

    

    This
      Agreement contains provisions requiring binding arbitration of disputes. By
      signing this Agreement, Executive acknowledges that he or she (i) has read
      and
      understood the entire Agreement; (ii) has received a copy of it (iii) has had
      the opportunity to ask questions and consult counsel or other advisors about
      its
      terms; and (iv) agrees to be bound by it.

    

    Executed
      to be effective as of the Effective Date.

    

    CROMWELL
      URANIUM CORP.   EXECUTIVE

    

    

    

    by:            

    Robert
      McIntoshSPLIT-OFF
      AGREEMENT

    

    This
      SPLIT-OFF AGREEMENT,
      dated
      as of this 11th day
      of July, 2007 (this “Agreement”), is entered into by and among Cromwell Uranium
      Corp., formerly known as Arbutus Resources, Inc., a Nevada corporation
      (“Seller”), Karen Law (“Law”), Lyle Smith (“Smith”) (Law and Smith sometimes
      hereinafter referred to individually as a “Buyer” and collectively as the
“Buyers”), Arbutus Leaseco, Inc., a Nevada corporation (“Leaseco”), and Cromwell
      Uranium Holdings, Inc., an Arizona corporation (“Cromwell”).

     

    R
      E C I T A L S:

    

    WHEREAS, Seller
      is
      the owner of all of the issued and outstanding capital stock of Leaseco. Leaseco
      is a newly-formed, wholly-owned subsidiary of Seller which was organized to
      acquire, and has so acquired, the business assets and liabilities previously
      held by Seller. Seller has no other businesses or operations;

    

    WHEREAS,
      contemporaneously with the execution of this Agreement, Seller, Cromwell and
      a
      newly-formed wholly-owned Arizona subsidiary of Seller, Cromwell Acquisition
      Corp. (“Acquisition Corp.”), will enter into an Agreement and Plan of Merger and
      Reorganization (the “Merger Agreement”) pursuant to which Acquisition Corp. will
      merge with and into Cromwell with Cromwell remaining as the surviving entity
      (the “Merger”). The equity holders of Cromwell will receive securities of Seller
      in exchange for their equity interests in Cromwell;

    

    WHEREAS,
      the
      execution and delivery of this Agreement is required by Cromwell as a condition
      to its execution of the Merger Agreement. The consummation of the purchase
      and
      sale transaction contemplated by this Agreement is also a condition to the
      completion of the Merger pursuant to the Merger Agreement. Seller has
      represented to Cromwell in the Merger Agreement that the purchase and sale
      transaction contemplated by this Agreement will be consummated immediately
      following with the closing of the Merger, and Cromwell relied on such
      representation in entering into the Merger Agreement;

    

    WHEREAS,
      Buyers
      desire to purchase the Shares (as defined in Section
      1.1)
      from
      Seller, and to assume, as between Seller and Buyers, all responsibilities for
      any debts, obligations and liabilities of Leaseco, on the terms and subject
      to
      the conditions specified in this Agreement; and

    

    WHEREAS,
      Seller
      desires to sell and transfer the Shares to the Buyers, on the terms and subject
      to the conditions specified in this Agreement.

    

    NOW,
      THEREFORE,
      in
      consideration of the premises and the covenants, promises and agreements herein
      set forth and for other good and valuable consideration, the receipt and
      sufficiency of which are hereby acknowledged, the parties hereto, intending
      legally to be bound, agree as follows:

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    I.  PURCHASE
      AND SALE OF STOCK.

     

    1.1  Purchased
      Shares.
      Subject
      to the terms and conditions provided below, Seller shall sell and transfer
      to
      Buyers and Buyers shall purchase from Seller, on the Closing Date (as defined
      in
Section
      1.3),
      all of
      the issued and outstanding shares of capital stock of Leaseco (the
“Shares”).

     

    1.2  Purchase
      Price.
      The
      purchase price for the Shares shall be the transfer and delivery by Buyers
      to
      Seller of 44,450,000 shares of common stock of Seller that Buyers own (the
      “Purchase Price Shares”), deliverable as provided in Section
      2.2.
      Each
      Buyer owns 22,225,000 shares of common stock of Seller.

     

    1.3  Closing.
      The
      closing of the transactions contemplated in this Agreement (the “Closing”) shall
      take place as soon as practicable following the execution of this Agreement;
      provided,
      however,
      that the
      Closing must occur immediately after the closing of the Merger. The date on
      which the Closing occurs shall be referred to herein as the Closing Date (the
      “Closing Date”).

     

    II.  CLOSING.

     

    2.1  Transfer
      of Shares.
      At the
      Closing, Seller shall deliver to Buyers certificates representing the Shares,
      duly endorsed to Buyers or as directed by Buyers, which delivery shall vest
      Buyers with good and marketable title to all of the issued and outstanding
      shares of capital stock of Leaseco, free and clear of all liens and
      encumbrances.

     

    2.2  Payment
      of Purchase Price.
      At the
      Closing, each Buyer shall deliver to Seller a certificate or certificates
      representing the respective Purchase Price Shares duly endorsed to Seller,
      which
      delivery shall vest Seller with good and marketable title to the Purchase Price
      Shares, free and clear of all liens and encumbrances.

     

    2.3  Transfer
      of Records.
      On or
      before the Closing, Seller shall transfer to Leaseco all existing corporate
      books and records in Seller’s possession relating to Leaseco and its business,
      including but not limited to all agreements, litigation files, real estate
      files, personnel files and filings with governmental agencies; provided,
      however,
      when
      any such documents relate to both Seller and Leaseco, only copies of such
      documents need be furnished. On or before the Closing, Buyers and Leaseco shall
      transfer to Seller all existing corporate books and records in the possession
      of
      Buyers or Leaseco relating to Seller, including but not limited to all corporate
      minute books, stock ledgers, certificates and corporate seals of Seller and
      all
      agreements, litigation files, real property files, personnel files and filings
      with governmental agencies; provided,
      however,
      when
      any such documents relate to both Seller and Leaseco or its business, only
      copies of such documents need be furnished.

     

    III.  BUYERS’
      REPRESENTATIONS AND WARRANTIES.
      Each
      Buyer severally represents and warrants to Seller and Cromwell
      that:

     

    3.1  Capacity
      and Enforceability.
      Buyer
      has the legal capacity to execute and deliver this Agreement and the documents
      to be executed and delivered by Buyer at the Closing pursuant to the
      transactions contemplated hereby. This Agreement and all such documents
      constitute valid and binding agreements of Buyer, enforceable in accordance
      with
      their terms.

     

    
      
        
        

      

      
        2

        
          

        

      

      
        
        

      

    

     

    3.2  Compliance.
      Neither
      the execution and delivery of this Agreement nor the consummation of the
      transactions contemplated hereby by Buyer will result in the breach of any
      term
      or provision of, or constitute a default under, or violate any agreement,
      indenture, instrument, order, law or regulation to which Buyer is a party or
      by
      which Buyer is bound.

     

    3.3  Purchase
      for Investment.
      Buyer
      is financially able to bear the economic risks of acquiring an interest in
      Leaseco and the other transactions contemplated hereby, and has no need for
      liquidity in this investment. Buyer has such knowledge and experience in
      financial and business matters in general, and with respect to businesses of
      a
      nature similar to the business of Leaseco, so as to be capable of evaluating
      the
      merits and risks of, and making an informed business decision with regard to,
      the acquisition of the Shares. Buyer is acquiring the Shares solely for her
      own
      account and not with a view to or for resale in connection with any distribution
      or public offering thereof, within the meaning of any applicable securities
      laws
      and regulations, unless such distribution or offering is registered under the
      Securities Act of 1933, as amended (the “Securities Act”), or an exemption from
      such registration is available. Buyer has (i) received all the information
      she has deemed necessary to make an informed investment decision with respect
      to
      the acquisition of the Shares; (ii) had an opportunity to make such
      investigation as she has desired pertaining to Leaseco and the acquisition
      of an
      interest therein, and to verify the information which is, and has been, made
      available to her; and (iii) had the opportunity to ask questions of Seller
      concerning Leaseco. Buyer acknowledges that Buyer is a director and former
      officer of Seller, and a current director and officer of Leaseco and,
      as
      such, has actual knowledge of the business, operations and financial affairs
      of
      Leaseco. Buyer has received no public solicitation or advertisement with respect
      to the offer or sale of the Shares. Buyer realizes that the Shares are
“restricted securities” as that term is defined in Rule 144 promulgated by the
      Securities and Exchange Commission under the Securities Act, the resale of
      the
      Shares is restricted by federal and state securities laws and, accordingly,
      the
      Shares must be held indefinitely unless their resale is subsequently registered
      under the Securities Act or an exemption from such registration is available
      for
      their resale. Buyer understands that any resale of the Shares by her must be
      registered under the Securities Act (and any applicable state securities law)
      or
      be effected in circumstances that, in the opinion of counsel for Leaseco at
      the
      time, create an exemption or otherwise do not require registration under the
      Securities Act (or applicable state securities laws). Buyer acknowledges and
      consents that certificates now or hereafter issued for the Shares will bear
      a
      legend substantially as follows:

     

    THE
      SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
      SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR QUALIFIED UNDER
      ANY APPLICABLE STATE SECURITIES LAWS (THE “STATE ACTS”), HAVE BEEN ACQUIRED FOR
      INVESTMENT AND MAY NOT BE SOLD, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED
      EXCEPT PURSUANT TO A REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND
      QUALIFICATION UNDER THE STATE ACTS OR PURSUANT TO EXEMPTIONS FROM SUCH
      REGISTRATION OR QUALIFICATION REQUIREMENTS (INCLUDING, IN THE CASE OF THE
      SECURITIES ACT, THE EXEMPTIONS AFFORDED BY SECTION 4(1) OF THE SECURITIES ACT
      AND RULE 144 THEREUNDER). AS A PRECONDITION TO ANY SUCH TRANSFER, THE ISSUER
      OF
      THESE SECURITIES SHALL BE FURNISHED WITH AN OPINION OF COUNSEL OPINING AS TO
      THE
      AVAILABILITY OF EXEMPTIONS FROM SUCH REGISTRATION AND QUALIFICATION AND/OR
      SUCH
      OTHER EVIDENCE AS MAY BE SATISFACTORY THERETO THAT ANY SUCH TRANSFER WILL NOT
      VIOLATE THE SECURITIES LAWS.

     

    
      
        
        

      

      
        3

        
          

        

      

      
        
        

      

    

     

    Buyer
      understands that the Shares are being sold to her pursuant to the exemption
      from
      registration contained in Section 4(1) of the Securities Act and that the Seller
      is relying upon the representations made herein as one of the bases for claiming
      the Section 4(1) exemption. 

     

    3.4  Liabilities.
      Following the Closing, Seller will have no liability for any debts, liabilities
      or obligations of Leaseco or its business or activities, and there are no
      outstanding guaranties, performance or payment bonds, letters of credit or
      other
      contingent contractual obligations that have been undertaken by Seller directly
      or indirectly in relation to Leaseco or its business and that may survive the
      Closing. 

     

    3.5  Title
      to Purchase Price Shares.
      Buyer
      is the sole record and beneficial owner of the Purchase Price Shares. At
      Closing, Buyer will have good and marketable title to the Purchase Price Shares,
      which Purchase Price Shares are, and at the Closing will be, free and clear
      of
      all options, warrants, pledges, claims, liens and encumbrances, and any
      restrictions or limitations prohibiting or restricting transfer to Seller,
      except for restrictions on transfer as contemplated by applicable securities
      laws. 

     

    IV.  SELLER’S
      AND
      LEASECO’S REPRESENTATIONS AND WARRANTIES.
      Seller
      and Leaseco, jointly and severally, represent and warrant to Buyers that:

     

    4.1  Organization
      and Good Standing.
      Each of
      the Seller and Leaseco is a corporation duly incorporated, validly existing,
      and
      in good standing under the laws of the State of Nevada.

     

    4.2  Authority
      and Enforceability.
      The
      execution and delivery of this Agreement and the documents to be executed and
      delivered at the Closing pursuant to the transactions contemplated hereby,
      and
      performance in accordance with the terms hereof and thereof, have been duly
      authorized by Seller and all such documents constitute valid and binding
      agreements of Seller enforceable in accordance with their terms.

     

    4.3  Title
      to Shares.
      Seller
      is the sole record and beneficial owner of the Shares. At Closing, Seller will
      have good and marketable title to the Shares, which Shares are, and at the
      Closing will be, free and clear of all options, warrants, pledges, claims,
      liens
      and encumbrances, and any restrictions or limitations prohibiting or restricting
      transfer to Buyers, except for restrictions on transfer as contemplated by
      Section
      3.3
      above.
      The Shares constitute all of the issued and outstanding shares of capital stock
      of Leaseco.

     

    4.4  WARN
      Act.
      Leaseco
      does not have a sufficient number of employees to make it subject to the Worker
      Adjustment and Retraining Notification Act (“WARN Act”). 

     

    
      
        
        

      

      
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    4.5  Representations
      in Merger Agreement.
      Leaseco
      represents and warrants that all of the representations and warranties by
      Seller, insofar as they relate to Leaseco, contained in the Merger Agreement
      are
      true and correct.

     

    V.  OBLIGATIONS
      OF BUYERS
      PENDING CLOSING.
      Each
      Buyer covenants and agrees that between the date hereof and the
      Closing:

     

    5.1  Not
      Impair Performance.
      Buyer
      shall not take any intentional action that would cause the conditions upon
      the
      obligations of the parties hereto to effect the transactions contemplated hereby
      not to be fulfilled, including, without limitation, taking or causing to be
      taken any action that would cause the representations and warranties made by
      any
      party herein not to be true, correct and accurate as of the Closing, or in
      any
      way impairing the ability of Seller to satisfy its obligations as provided
      in
Article
      VI.

     

    5.2  Assist
      Performance.
      Buyer
      shall exercise its reasonable best efforts to cause to be fulfilled those
      conditions precedent to Seller’s obligations to consummate the transactions
      contemplated hereby which are dependent upon actions of Buyer and to make and/or
      obtain any necessary filings and consents in order to consummate the sale
      transaction contemplated by this Agreement.

     

    VI.  OBLIGATIONS
      OF SELLER PENDING CLOSING.
      Seller
      covenants and agrees that between the date hereof and the Closing:

     

    6.1  
      Business as Usual.
      Leaseco
      shall operate and Seller shall cause Leaseco to operate in accordance with
      past
      practices and shall use best efforts to preserve its goodwill and the goodwill
      of its employees, customers and others having business dealings with Leaseco.
      Without limiting the generality of the foregoing, from the date of this
      Agreement until the Closing Date, Leaseco shall (a) make all normal and
      customary repairs to its equipment, assets and facilities, (b) keep in
      force all insurance, (c) preserve in full force and effect all material
      franchises, licenses, contracts and real property interests and comply in all
      material respects with all laws and regulations, (d) collect all accounts
      receivable and pay all trade creditors in the ordinary course of business at
      intervals historically experienced, and (e) preserve and maintain Leaseco’s
      assets in their current operating condition and repair, ordinary wear and tear
      excepted. From the date of this Agreement until the Closing Date, Leaseco shall
      not (i) amend, terminate or surrender any material franchise, license,
      contract or real property interest, or (ii) sell or dispose of any of its
      assets except in the ordinary course of business. Neither Leaseco nor Buyers
      shall take or omit to take any action that results in Seller incurring any
      liability or obligation prior to or in connection with the Closing.

     

    6.2  Not
      Impair Performance.
      Seller
      shall not take any intentional action that would cause the conditions upon
      the
      obligations of the parties hereto to effect the transactions contemplated hereby
      not to be fulfilled, including, without limitation, taking or causing to be
      taken any action which would cause the representations and warranties made
      by
      any party herein not to be materially true, correct and accurate as of the
      Closing, or in any way impairing the ability of Buyers to satisfy her
      obligations as provided in Article
      V.

     

    
      
        
        

      

      
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    6.3  Assist
      Performance.
      Seller
      shall exercise its reasonable best efforts to cause to be fulfilled those
      conditions precedent to Buyers’ obligations to consummate the transactions
      contemplated hereby which are dependent upon the actions of Seller and to work
      with Buyers to make and/or obtain any necessary filings and consents. Seller
      shall cause Leaseco to comply with its obligations under this
      Agreement.

     

    VII.  SELLER’S
      AND
      LEASECO’S CONDITIONS PRECEDENT TO CLOSING.
      The
      obligations of Seller and Leaseco to close the transactions contemplated by
      this
      Agreement are subject to the satisfaction at or prior to the Closing of each
      of
      the following conditions precedent (any or all of which may be waived by Seller
      and Cromwell in writing):

     

    7.1  Representations
      and Warranties; Performance.
      All
      representations and warranties of Buyers contained in this Agreement shall
      have
      been true and correct, in all material respects, when made and shall be true
      and
      correct, in all material respects, at and as of the Closing, with the same
      effect as though such representations and warranties were made at and as of
      the
      Closing. Buyers shall have performed and complied with all covenants and
      agreements and satisfied all conditions, in all material respects, required
      by
      this Agreement to be performed or complied with or satisfied by Buyers at or
      prior to the Closing.

     

    7.2  Additional
      Documents.
      Buyers
      shall deliver or cause to be delivered such additional documents as may be
      necessary in connection with the consummation of the transactions contemplated
      by this Agreement and the performance of their obligations
      hereunder.

     

    7.3  Release
      by Leaseco.
      At the
      Closing, Leaseco shall execute and deliver to Seller and Cromwell a general
      release which in substance and effect releases Seller and Cromwell from any
      and
      all liabilities and obligations that Seller and Cromwell may owe to Leaseco
      in
      any capacity, and from any and all claims that Leaseco may have against Seller,
      Cromwell, or their respective managers, members, officers, directors,
      stockholders, employees and agents (other than those arising pursuant to this
      Agreement or any document delivered in connection with this
      Agreement).

     

    VIII.  BUYERS’
      CONDITIONS PRECEDENT TO CLOSING.
      The
      obligation of Buyers to close the transactions contemplated by this Agreement
      is
      subject to the satisfaction at or prior to the Closing of each of the following
      conditions precedent (any and all of which may be waived by Buyers in
      writing):

     

    8.1  Representations
      and Warranties; Performance.
      All
      representations and warranties of Seller and Leaseco contained in this Agreement
      shall have been true and correct, in all material respects, when made and shall
      be true and correct, in all material respects, at and as of the Closing with
      the
      same effect as though such representations and warranties were made at and
      as of
      the Closing. Seller and Leaseco shall have performed and complied with all
      covenants and agreements and satisfied all conditions, in all material respects,
      required by this Agreement to be performed or complied with or satisfied by
      them
      at or prior to the Closing.

     

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

     

    IX.  OTHER
      AGREEMENTS.

     

    9.1  Expenses.
      Each
      party hereto shall bear its expenses separately incurred in connection with
      this
      Agreement and with the performance of its obligations hereunder.

     

    9.2  Confidentiality.
      The
      parties hereto shall not make any public announcements concerning this
      transaction other than in accordance with mutual agreement reached prior to
      any
      such announcement(s) and other than as may be required by applicable law or
      judicial process. If for any reason the transactions contemplated hereby are
      not
      consummated, then Buyers shall return any information received by Buyers from
      Seller or Leaseco, and Buyers shall cause all confidential information obtained
      by Buyers concerning Leaseco and its business to be treated as
      such.

     

    9.3  Brokers’
      Fees.
      In
      connection with the transaction specifically contemplated by this Agreement,
      no
      party to this Agreement has employed the services of a broker and each agrees
      to
      indemnify the other against all claims of any third parties for fees and
      commissions of any brokers claiming a fee or commission related to the
      transactions contemplated hereby.

     

    9.4  Access
      to Information Post-Closing; Cooperation.
      

     

    (a)  Following
      the Closing, Buyers and Leaseco shall afford to Seller and its authorized
      accountants, counsel and other designated representatives, reasonable access
      (and including using reasonable efforts to give access to persons or firms
      possessing information) and duplicating rights during normal business hours
      to
      allow records, books, contracts, instruments, computer data and other data
      and
      information (collectively, “Information”) within the possession or control of
      Buyers or Leaseco insofar as such access is reasonably required by Seller.
      Information may be requested under this Section
      9.4(a)
      for,
      without limitation, audit, accounting, claims, litigation and tax purposes,
      as
      well as for purposes of fulfilling disclosure and reporting obligations and
      performing this Agreement and the transactions contemplated hereby. No files,
      books or records of Leaseco existing at the Closing Date shall be destroyed
      by
      Buyers or Leaseco after Closing but prior to the expiration of any period during
      which such files, books or records are required to be maintained and preserved
      by applicable law without giving the Seller at least 30 days’ prior written
      notice, during which time Seller shall have the right to examine and to remove
      any such files, books and records prior to their destruction.

     

    (b)  Following
      the Closing, Seller shall afford to Leaseco and its authorized accountants,
      counsel and other designated representatives reasonable access (including using
      reasonable efforts to give access to persons or firms possessing information)
      duplicating rights during normal business hours to Information within Seller’s
      possession or control relating to the business of Leaseco. Information may
      be
      requested under this Section
      9.4(b)
      for,
      without limitation, audit, accounting, claims, litigation and tax purposes
      as
      well as for purposes of fulfilling disclosure and reporting obligations and
      for
      performing this Agreement and the transactions contemplated hereby. No files,
      books or records of Leaseco existing at the Closing Date shall be destroyed
      by
      Seller after Closing but prior to the expiration of any period during which
      such
      files, books or records are required to be maintained and preserved by
      applicable law without giving the Buyers at least 30 days prior written notice,
      during which time Buyers shall have the right to examine and to remove any
      such
      files, books and records prior to their destruction.

     

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

     

    (c)  At
      all
      times following the Closing, Seller, Buyers and Leaseco shall use reasonable
      efforts to make available to the other party on written request, the current
      and
      former officers, directors, employees and agents of Seller or Leaseco for any
      of
      the purposes set forth in Section
      9.4(a) or (b)
      above or
      as witnesses to the extent that such persons may reasonably be required in
      connection with any legal, administrative or other proceedings in which Seller
      or Leaseco may from time to be involved.

     

    (d)  The
      party
      to whom any Information or witnesses are provided under this Section
      9.4
      shall
      reimburse the provider thereof for all out-of-pocket expenses actually and
      reasonably incurred in providing such Information or witnesses.

     

    (e)  Seller,
      Buyers, Leaseco and their respective employees and agents shall each hold in
      strict confidence all Information concerning the other party in their possession
      or furnished by the other or the other’s representative pursuant to this
      Agreement with the same degree of care as such party utilizes as to such party’s
      own confidential information (except to the extent that such Information is
      (i) in the public domain through no fault of such party or (ii) later
      lawfully acquired from any other source by such party), and each party shall
      not
      release or disclose such Information to any other person, except such party’s
      auditors, attorneys, financial advisors, bankers, other consultants and advisors
      or persons with whom such party has a valid obligation to disclose such
      Information, unless compelled to disclose such Information by judicial or
      administrative process or, as advised by its counsel, by other requirements
      of
      law.

     

    (f)  Seller,
      Buyers and Leaseco shall each use their best efforts to forward promptly to
      the
      other party all notices, claims, correspondence and other materials which are
      received and determined to pertain to the other party.

     

    9.5  Guarantees,
      Surety Bonds and Letter of Credit Obligations.
      In the
      event that Seller is obligated for any debts, obligations or liabilities of
      Leaseco by virtue of any outstanding guarantee, performance or surety bond
      or
      letter of credit provided or arranged by Seller on or prior to the Closing
      Date,
      Buyers and Leaseco shall use best efforts to cause to be issued replacements
      of
      such bonds, letters of credit and guarantees and to obtain any amendments,
      novations, releases and approvals necessary to release and discharge fully
      Seller from any liability thereunder following the Closing. Buyers and Leaseco,
      jointly and severally, shall be responsible for, and shall indemnify, hold
      harmless and defend Seller from and against, any costs or losses incurred by
      Seller arising from such bonds, letters of credits and guarantees and any
      liabilities arising therefrom and shall reimburse Seller for any payments that
      Seller may be required to pay pursuant to enforcement of its obligations
      relating to such bonds, letters of credit and guarantees.

     

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

     

    9.6  Filings
      and Consents.
      Buyers,
      at their risk, shall determine what, if any, filings and consents must be made
      and/or obtained prior to Closing to consummate the purchase and sale of the
      Shares. Buyers shall indemnify the Seller Indemnified Parties (as defined in
      Section
      11.1
      below)
      against any Losses (as defined in Section
      11.1
      below)
      incurred by such Seller Indemnified Parties by virtue of the failure to make
      and/or obtain any such filings or consents. Recognizing that the failure to
      make
      and/or obtain any filings or consents may cause Seller to incur Losses or
      otherwise adversely affect Seller, Buyers and Leaseco confirm that the
      provisions of this Section
      9.6
      will not
      limit Seller’s right to treat such failure as the failure of a condition
      precedent to Seller’s obligation to close pursuant to Article
      VII
      above.

     

    9.7  Insurance.
      Buyers
      acknowledge that on the Closing Date, effective as of the Closing, all insurance
      coverage and bonds provided by Seller for Leaseco, and all certificates of
      insurance evidencing that Leaseco maintains any required insurance by virtue
      of
      insurance provided by Seller, will terminate with respect to any insured damages
      resulting from matters occurring subsequent to Closing. 

     

    9.8  Agreements
      Regarding Taxes.
      

     

    (a)  Tax
      Sharing Agreements.
      Any tax
      sharing agreement between Seller and Leaseco is terminated as of the Closing
      Date and will have no further effect for any taxable year (whether the current
      year, a future year or a past year).

     

    (b)  Returns
      for Periods Through the Closing Date.
      Seller
      will include the income and loss of Leaseco (including any deferred income
      triggered into income by Reg. §1.1502-13 and any excess loss accounts taken into
      income under Reg. §1.1502-19) on Seller’s consolidated federal income tax
      returns for all periods through the Closing Date and pay any federal income
      taxes attributable to such income. Seller and Leaseco agree to allocate income,
      gain, loss, deductions and credits between the period up to Closing (the
“Pre-Closing Period”) and the period after Closing (the “Post-Closing Period”)
      based on a closing of the books of Leaseco, and both Seller and Leaseco agree
      not to make an election under Reg. §1.1502-76(b)(2)(ii) to ratably allocate the
      year’s items of income, gain, loss, deduction and credit. Seller, Leaseco and
      Buyers agree to report all transactions not in the ordinary course of business
      occurring on the Closing Date after Buyers’ purchase of the Shares on Leaseco’s
      tax returns to the extent permitted by Reg. §1.1502-76(b)(1)(ii)(B). Buyers
      agree to indemnify Seller for any additional tax owed by Seller (including
      tax
      owned by Seller due to this indemnification payment) resulting from any
      transaction engaged in by Leaseco during the Pre-Closing Period or on the
      Closing Date after Buyers’ purchase of the Shares. Leaseco will furnish tax
      information to Seller for inclusion in Seller’s consolidated federal income tax
      return for the period which includes the Closing Date in accordance with
      Leaseco’s past custom and practice.

     

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

     

    (c)  Audits.
      Seller
      will allow Leaseco and its counsel to participate at Leaseco’s expense in any
      audits of Seller’s consolidated federal income tax returns to the extent that
      such audit raises issues that relate to and increase the tax liability of
      Leaseco. Seller shall have the absolute right, in its sole discretion, to engage
      professionals and direct the representation of Seller in connection with any
      such audit and the resolution thereof, without receiving the consent of Buyers
      or Leaseco or any other party acting on behalf of Buyers or Leaseco, provided
      that Seller will not settle any such audit in a manner which would materially
      adversely affect Leaseco after the Closing Date unless such settlement would
      be
      reasonable in the case of a person that owned Leaseco both before and after
      the
      Closing Date. In the event that after Closing any tax authority informs the
      Buyers or Leaseco of any notice of proposed audit, claim, assessment or other
      dispute concerning an amount of taxes which pertain to the Seller, or to Leaseco
      during the period prior to Closing, Buyers or Leaseco must promptly notify
      the
      Seller of the same within 15 calendar days of the date of the notice from the
      tax authority. In the event Buyers or Leaseco do not notify the Seller within
      such 15 day period, Buyers and Leaseco, jointly and severally, will indemnify
      the Seller for any incremental interest, penalty or other assessments resulting
      from the delay in giving notice. To the extent of any conflict or inconsistency,
      the provisions of this Section 9.8 shall control over the provisions of Section
      11.2 below.

     

    (d)  Cooperation
      on Tax Matters.
      Buyers,
      Seller and Leaseco shall cooperate fully, as and to the extent reasonably
      requested by any party, in connection with the filing of tax returns pursuant
      to
      this Section and any audit, litigation or other proceeding with respect to
      taxes. Such cooperation shall include the retention and (upon the other party’s
      request) the provision of records and information which are reasonably relevant
      to any such audit, litigation or other proceeding and making employees available
      on a mutually convenient basis to provide additional information and explanation
      of any material provided hereunder. Leaseco shall (i) retain all books and
      records with respect to tax matters pertinent to Leaseco relating to any taxable
      period beginning before the Closing Date until the expiration of the statute
      of
      limitations (and, to the extent notified by Seller, any extensions thereof)
      of
      the respective taxable periods, and to abide by all record retention agreements
      entered into with any taxing authority, and (ii) give Seller reasonable
      written notice prior to transferring, destroying or discarding any such books
      and records and, if the Seller so requests, Buyers agree to cause Leaseco to
      allow Seller to take possession of such books and records.

     

    9.9  ERISA.
      Effective as of the Closing Date, Leaseco shall terminate its participation
      in,
      and withdraw from, all employee benefit plans sponsored by Seller, and Seller
      and Buyers shall cooperate fully in such termination and withdrawal. Without
      limitation, Leaseco shall be solely responsible for (i) all liabilities
      under those employee benefit plans notwithstanding any status as an employee
      benefit plan sponsored by Seller, and (ii) all liabilities for the payment
      of vacation pay, severance benefits, and similar obligations, including, without
      limitation, amounts which are accrued but unpaid as of the Closing Date with
      respect thereto. Buyers and Leaseco acknowledge that Leaseco is solely
      responsible for providing continuation health coverage, as required under the
      Consolidated Omnibus Reconciliation Act of 1985, as amended (“COBRA”), to each
      person, if any, participating in an employee benefit plan subject to COBRA
      with
      respect to such employee benefit plan as of the Closing Date, including, without
      limitation, any person whose employment with Leaseco is terminated after the
      Closing Date.

     

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

     

    X.  TERMINATION.
      This
      Agreement may be terminated at, or at any time prior to, the Closing by mutual
      written consent of Seller, Buyers and Cromwell.

     

    If
      this
      Agreement is terminated as provided herein, it shall become wholly void and
      of
      no further force and effect and there shall be no further liability or
      obligation on the part of any party except to pay such expenses as are required
      of such party.

     

    XI.  INDEMNIFICATION.

     

    11.1  Indemnification
      by Buyers.
      Buyers
      covenant and agree to jointly and severally indemnify, defend, protect and
      hold
      harmless Seller, and its officers, directors, employees, stockholders, agents,
      representatives and affiliates (collectively, together with Seller, the “Seller
      Indemnified Parties”) at all times from and after the date of this Agreement
      from and against all losses, liabilities, damages, claims, actions, suits,
      proceedings, demands, assessments, adjustments, costs and expenses (including
      specifically, but without limitation, reasonable attorneys’ fees and expenses of
      investigation), whether or not involving a third party claim and regardless
      of
      any negligence of any Seller Indemnified Party (collectively, “Losses”),
      incurred by any Seller Indemnified Party as a result of or arising from
      (i) any breach of the representations and warranties of Buyers set forth
      herein or in certificates delivered in connection herewith, (ii) any breach
      or nonfulfillment of any covenant or agreement (including any other agreement
      of
      Buyers to indemnify Seller set forth in this Agreement) on the part of Buyers
      under this Agreement, (iii) any debt, liability or obligation of Leaseco,
      (iv) the conduct and operations of the business of Leaseco whether before
      or after Closing, (v) claims asserted against Leaseco whether before or
      after Closing, or (vi) any federal or state income tax payable by Seller
      and attributable to the transaction contemplated by this Agreement.

     

    11.2  Third
      Party Claims.

     

    (a)  Defense.
      If any
      claim or liability (a “Third-Party Claim”) should be asserted against any of the
      Seller Indemnified Parties (the “Indemnitee”) by a third party after the Closing
      for which Buyers have an indemnification obligation under the terms of
Section
      11.1,
      then
      the Indemnitee shall notify Buyers (the “Indemnitors”) within 20 days after the
      Third-Party Claim is asserted by a third party (said notification being referred
      to as a “Claim Notice”) and give the Indemnitors a reasonable opportunity to
      take part in any examination of the books and records of the Indemnitee relating
      to such Third-Party Claim and to assume the defense of such Third-Party Claim
      and in connection therewith and to conduct any proceedings or negotiations
      relating thereto and necessary or appropriate to defend the Indemnitee and/or
      settle the Third-Party Claim. The expenses (including reasonable attorneys’
fees) of all negotiations, proceedings, contests, lawsuits or settlements with
      respect to any Third-Party Claim shall be borne by the Indemnitors. If the
      Indemnitors agree to assume the defense of any Third-Party Claim in writing
      within 20 days after the Claim Notice of such Third-Party Claim has been
      delivered, through counsel reasonably satisfactory to Indemnitee, then the
      Indemnitors shall be entitled to control the conduct of such defense, and any
      decision to settle such Third-Party Claim, and shall be responsible for any
      expenses of the Indemnitee in connection with the defense of such Third-Party
      Claim so long as the Indemnitors continues such defense until the final
      resolution of such Third-Party Claim. The Indemnitors shall be responsible
      for
      paying all settlements made or judgments entered with respect to any Third-Party
      Claim the defense of which has been assumed by the Indemnitors. Except as
      provided on subsection (b) below, both the Indemnitors and the Indemnitee must
      approve any settlement of a Third-Party Claim. A failure by the Indemnitee
      to
      timely give the Claim Notice shall not excuse Indemnitors from any
      indemnification liability except only to the extent that the Indemnitors are
      materially and adversely prejudiced by such failure.

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

     

    (b)  Failure
      to Defend.
      If the
      Indemnitors shall not agree to assume the defense of any Third-Party Claim
      in
      writing within 20 days after the Claim Notice of such Third-Party Claim has
      been
      delivered, or shall fail to continue such defense until the final resolution
      of
      such Third-Party Claim, then the Indemnitee may defend against such Third-Party
      Claim in such manner as it may deem appropriate and the Indemnitee may settle
      such Third-Party Claim, in its sole discretion, on such terms as it may deem
      appropriate. The Indemnitors shall promptly reimburse the Indemnitee for the
      amount of all settlement payments and expenses, legal and otherwise, incurred
      by
      the Indemnitee in connection with the defense or settlement of such Third-Party
      Claim. If no settlement of such Third-Party Claim is made, then the Indemnitors
      shall satisfy any judgment rendered with respect to such Third-Party Claim
      before the Indemnitee is required to do so, and pay all expenses, legal or
      otherwise, incurred by the Indemnitee in the defense against such Third-Party
      Claim.

     

    11.3  Non-Third-Party
      Claims.
      Upon
      discovery of any claim for which Buyers have an indemnification obligation
      under
      the terms of this Section
      11.3
      which
      does not involve a claim by a third party against the Indemnitee, the Indemnitee
      shall give prompt notice to Buyers of such claim and, in any case, shall give
      Buyers such notice within 30 days of such discovery. A failure by Indemnitee
      to
      timely give the foregoing notice to Buyers shall not excuse Buyers from any
      indemnification liability except to the extent that Buyers are materially and
      adversely prejudiced by such failure.

     

    11.4  Survival.
      Except
      as otherwise provided in this Section
      11.4,
      all
      representations and warranties made by Buyers, Leaseco and Seller in connection
      with this Agreement shall survive the Closing. Anything in this Agreement to
      the
      contrary notwithstanding, the liability of all Indemnitors under this
Article
      XI
      shall
      terminate on the third (3rd)
      anniversary of the Closing Date, except with respect to (a) liability for
      any item as to which, prior to the third (3rd)
      anniversary of the Closing Date, any Indemnitee shall have asserted a Claim
      in
      writing, which Claim shall identify its basis with reasonable specificity,
      in
      which case the liability for such Claim shall continue until it shall have
      been
      finally settled, decided or adjudicated, (b) liability of any party for
      Losses for which such party has an indemnification obligation, incurred as
      a
      result of such party’s breach of any covenant or agreement to be performed by
      such party after the Closing, (c) liability of Buyers for Losses incurred
      by a Seller Indemnified Party due to breaches of its representations and
      warranties in Article
      III
      of this
      Agreement, and (d) liability of Buyers for Losses arising out of
      Third-Party Claims for which Buyers have an indemnification obligation, which
      liability shall survive until the statute of limitation applicable to any third
      party’s right to assert a Third-Party Claim bars assertion of such
      claim.

     

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

     

    XII.  MISCELLANEOUS.

     

    12.1  Notices.
      All
      notices and communications required or permitted hereunder shall be in writing
      and deemed given when received by means of the United States mail, addressed
      to
      the party to be notified, postage prepaid and registered or certified with
      return receipt requested, or personal delivery, or overnight courier, as
      follows:

     

    (a)  If
      to
      Seller, addressed to:

     

    8655
      East
      Via De Ventura, Suite G2000

    Scottsdale,
      AZ 85258

    Attn:
      Robert McIntosh, Chief Executive Officer

    Facsimile:
      [to come]

    

    With
      a
      copy to (which shall not constitute notice hereunder):

     

    Clark
      Wilson LLP

    800
      - 885
      W Georgia Street

    Vancouver,
      BC  V6C 3H1  Canada

    Attn:
      William L. Macdonald, Esq.

    Facsimile:
      (604)687-6314

    

    (b)  If
      to
      Buyers or Leaseco, addressed to:

     

    c/o
      Karen
      Law

    #4
      3798
      Laurel Street

    Burnaby,
      British Columbia, Canada V5G 1M7

    

    With
      a
      copy to (which shall not constitute notice hereunder):

     

    Gottbetter
      & Partners, LLP

    488
      Madison Avenue, 12th
      Floor

    New
      York,
      New York 10022

    Attention:
      Adam S. Gottbetter, Esq.

    Facsimile:
      (212) 400-6901

    

    (c)  If
      to
      Cromwell, addressed to:

     

    8655
      East
      Via De Ventura, Suite G2000

    Scottsdale,
      AZ 85258

    Attn:
      Robert McIntosh, Chief Executive Officer

    Facsimile:
      [to come]

    

    With
      a
      copy to (which shall not constitute notice hereunder):

     

    
      
        
        

      

      
        13

        
          

        

      

      
        
        

      

    

     

    Clark
      Wilson LLP

    800
      - 885
      W Georgia Street

    Vancouver,
      BC  V6C 3H1  Canada

    Attn:
      William L. Macdonald, Esq.

    Facsimile:
      (604)687-6314

    

    or
      to
      such other address as any party hereto shall specify pursuant to this
Section
      12.1
      from
      time to time.

     

    12.2  Exercise
      of Rights and Remedies.
      Except
      as otherwise provided herein, no delay of or omission in the exercise of any
      right, power or remedy accruing to any party as a result of any breach or
      default by any other party under this Agreement shall impair any such right,
      power or remedy, nor shall it be construed as a waiver of or acquiescence in
      any
      such breach or default, or of any similar breach or default occurring later;
      nor
      shall any waiver of any single breach or default be deemed a waiver of any
      other
      breach or default occurring before or after that waiver.

     

    12.3  Time.
      Time is
      of the essence with respect to this Agreement.

     

    12.4  Reformation
      and Severability.
      In case
      any provision of this Agreement shall be invalid, illegal or unenforceable,
      it
      shall, to the extent possible, be modified in such manner as to be valid, legal
      and enforceable but so as to most nearly retain the intent of the parties,
      and
      if such modification is not possible, such provision shall be severed from
      this
      Agreement, and in either case the validity, legality and enforceability of
      the
      remaining provisions of this Agreement shall not in any way be affected or
      impaired thereby.

     

    12.5  Further
      Acts.
      Seller,
      Buyers and Leaseco shall execute any and all documents and perform such other
      acts which may be reasonably necessary to effectuate the purposes of this
      Agreement.

     

    12.6  Entire
      Agreement; Amendments.
      This
      Agreement contains the entire understanding of the parties relating to the
      subject matter contained herein. This Agreement cannot be amended or changed
      except through a written instrument signed by all of the parties hereto,
      including Cromwell. No provisions of this Agreement or any rights hereunder
      may
      be waived by any party without the prior written consent of
      Cromwell.

     

    12.7  Assignment.
      No
      party may assign his, her or its rights or obligations hereunder, in whole
      or in
      part, without the prior written consent of the other parties.

     

    12.8  Governing
      Law.
      This
      Agreement shall be governed by and construed in accordance with the laws of
      the
      State of Nevada, without giving effect to principles of conflicts or choice
      of
      laws thereof.

     

    12.9  Counterparts.
      This
      Agreement may be executed in one or more counterparts, with the same effect
      as
      if all parties had signed the same document. Each such counterpart shall be
      an
      original, but all such counterparts taken together shall constitute a single
      agreement. In the event that any signature is delivered by facsimile
      transmission, such signature shall create a valid and binding obligation of
      the
      party executing (or on whose behalf such signature is executed) the same with
      the same force and effect as if such facsimile signature page was an original
      thereof.

     

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

    

     

    12.10  Section
      Headings and Gender.
      The
      Section headings used herein are inserted for reference purposes only and shall
      not in any way affect the meaning or interpretation of this Agreement. All
      personal pronouns used in this Agreement shall include the other genders,
      whether used in the masculine, feminine or neuter, and the singular shall
      include the plural, and vice
      versa,
      whenever and as often as may be appropriate.

     

    12.11  Specific
      Performance; Remedies.
      Each of
      Seller, Buyers and Leaseco acknowledges and agrees that Cromwell would be
      damaged irreparably if any provision of this Agreement is not performed in
      accordance with its specific terms or is otherwise breached. Accordingly, each
      of Seller, Buyers and Leaseco agrees that Cromwell will be entitled to seek
      an
      injunction or injunctions to prevent breaches of the provisions of this
      Agreement and to enforce specifically this Agreement and its terms and
      provisions in any action instituted in any court of the United States or any
      state thereof having jurisdiction over the parties and the matter, subject
      to
Section
      12.8,
      in
      addition to any other remedy to which they may be entitled, at law or in equity.
      Except as expressly provided herein, the rights, obligations and remedies
      created by this Agreement are cumulative and are in addition to any other
      rights, obligations or remedies otherwise available at law or in equity, and
      nothing herein will be considered an election of remedies.
      

     

    12.12  Submission
      to Jurisdiction; Process Agent; No Jury Trial.

     

    (a)  Each
      party to the Agreement hereby submits to the jurisdiction of any state or
      federal court sitting in the State of Nevada in any action arising out of or
      relating to this Agreement and agrees that all claims in respect of the action
      may be heard and determined in any such court. Each party to the Agreement
      also
      agrees not to bring any action arising out of or relating to this Agreement
      in
      any other court. Each party to the Agreement agrees that a final judgment in
      any
      action so brought will be conclusive and may be enforced by action on the
      judgment or in any other manner provided at law or in equity. Each party to
      the
      Agreement waives any defense of inconvenient forum to the maintenance of any
      action so brought and waives any bond, surety or other security that might
      be
      required of any other party with respect thereto.

     

    (b)  EACH
      PARTY TO THIS AGREEMENT HEREBY AGREES TO WAIVE HIS OR HER RIGHTS TO JURY TRIAL
      OF ANY DISPUTE BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY OTHER
      AGREEMENTS RELATING TO THE SUBJECT MATTER OF THIS AGREEMENT OR ANY DEALINGS
      AMONG THEM RELATING TO THE TRANSACTIONS CONTEMPLATED HEREBY. The scope of this
      waiver is intended to be all encompassing of any and all actions that may be
      filed in any court and that relate to the subject matter of the transactions,
      including contract claims, tort claims, breach of duty claims and all other
      common law and statutory claims. Each party to the Agreement hereby acknowledges
      that this waiver is a material inducement to enter into a business relationship
      and that they will continue to rely on the waiver in their related future
      dealings. Each party to the Agreement further represents and warrants that
      it
      has reviewed this waiver with its legal counsel, and that each knowingly and
      voluntarily waives its jury trial rights following consultation with legal
      counsel. NOTWITHSTANDING ANYTHING TO THE CONTRARY HEREIN, THIS WAIVER IS
      IRREVOCABLE, MEANING THAT IT MAY NOT BE MODIFIED ORALLY OR IN WRITING, AND
      THE
      WAIVER WILL APPLY TO ANY AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS
      TO
      THIS AGREEMENT OR TO ANY OTHER DOCUMENTS OR AGREEMENTS RELATING HERETO. In
      the
      event of commencement of any action, this Agreement may be filed as a written
      consent to trial by a court.

     

    
      
        
        

      

      
        15

        
          

        

      

      
        
        

      

    

     

    12.13  Construction.
      The
      parties hereto have participated jointly in the negotiation and drafting of
      this
      Agreement. If an ambiguity or question of intent or interpretation arises,
      this
      Agreement will be construed as if drafted jointly by the parties hereto and
      no
      presumption or burden of proof will arise favoring or disfavoring any party
      because of the authorship of any provision of this Agreement. Any reference
      to
      any federal, state, local or foreign law will be deemed also to refer to law
      as
      amended and all rules and regulations promulgated thereunder, unless the context
      requires otherwise. The words “include,” “includes,” and “including” will be
      deemed to be followed by “without limitation.” The words “this Agreement,”
“herein,” “hereof,” “hereby,” “hereunder,” and words of similar import refer to
      this Agreement as a whole and not to any particular subdivision unless expressly
      so limited. The parties hereto intend that each representation, warranty and
      covenant contained herein will have independent significance. If any party
      hereto has breached any representation, warranty or covenant contained herein
      in
      any respect, the fact that there exists another representation, warranty or
      covenant relating to the same subject matter (regardless of the relative levels
      of specificity) which that party has not breached will not detract from or
      mitigate the fact that such party is in breach of the first representation,
      warranty or covenant.

     

    [Signature
      page follows this page.]

     

    
      
        
        

      

      
        16

        
          

        

      

      
        
        

      

    

     

    IN
      WITNESS WHEREOF,
      the
      parties hereto have hereunto set their hands as of the day and year first above
      written.

     

    
      	 	 	 
	 	CROMWELL
              URANIUM CORP.
	 
 	 
 	 
 
	 	By:  	/s/ David Rector
	 	
              
Name: David
              Rector
	 	Title:  President

    

     

    
      	 	 	 
	 	ARBUTUS
              LEASECO, INC.
	 
 	 
 	 
 
	 	By:  	/s/ David Rector
	 	
              
Name: David
              Rector
	 	Title  President

    

     

    
      	 	 	 
	 	BUYERs
	 
 	 
 	 
 
	 	  	/s/ Karen Law
	 	
              
Karen
              Law
	 	 
	 	/s/ Lyle Smith
	 	
              
Lyle
              Smith

    

     

    
      	 	 	 
	 	CROMWELL
              URANIUM HOLDINGS, INC.
	 
 	 
 	 
 
	 	By:  	/s/ Robert McIntosh
	 	
              
Name: Robert
              McIntosh
	 	Title:  Chief
              Executive Officer

    

     

    
      
        
        

      

      
        17

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