Document:

f8k0508ex10iii_adex.htm

    Exhibit
10.3

    EMPLOYMENT
AGREEMENT

    

    This employment agreement (this
"Agreement"), dated as of May 14, 2008 (the "Effective Date"), is made by and
between Abundantad, Inc., a Nevada corporation (the "Company"), and Dennis Hom
(the "Executive") (each, a "Party" and together, the "Parties").

    

    WHEREAS, the Executive is a co-seller
of the assets of Kim and Lim, LLC pursuant to a Asset Purchase Agreement (the
“Asset Purchase Agreement”) by and between Kim and Lim, LLC and the
Company;

    

    WHEREAS,
pursuant to the terms of the Asset Purchase Agreement, the Executive is to be
employed by the Company; and

    

    WHEREAS, the Parties wish to establish
the terms of the Executive's employment by the Company;

    

    NOW, THEREFORE, in consideration of the
foregoing, of the mutual promises contained herein and of other good and
valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties, intending to be legally bound, hereby agree as
follows:

    

    1.     POSITION/DUTIES.

    

    (a) During
the Employment Term (as defined in Section 2 below), the Executive shall serve
as an employee of the Company. In this capacity the Executive shall have such
duties, authorities and responsibilities commensurate with the duties,
authorities and responsibilities of persons in similar capacities in similarly
sized Internet and advertising companies and such other reasonable duties and
responsibilities as the Board of Directors of the Company (the "Board") shall
designate.  The Executive shall obey the lawful directions of the
Board, the Company's Chief Executive Officer and any other senior executive of
the Company to whom the Executive reports and shall use his diligent efforts to
promote the interests of the Company and to maintain and promote the reputation
thereof.

    

    (b) During
the Employment Term, the Executive shall use his best efforts to perform his
duties under this Agreement and shall devote all of his business time, energy
and skill in the performance of his duties with the Company.  The
Executive shall not during the Employment Term (except as a representative of
the Company or with consent in writing of the Board) be directly or indirectly
engaged or concerned in any other business activity.  Notwithstanding
the foregoing provisions, the Executive is not prohibited from (1) participating
in charitable, civic, educational, professional or community affairs or serving
on the board of directors or advisory committees of non-profit entities, and (2)
managing his and his family's personal investments, in each case, provided that such activities
in the aggregate do not materially interfere with his duties
hereunder.

     

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
 

    2.     EMPLOYMENT
TERM.  Except for earlier termination as provided in Section 6,
the Executive's employment under this Agreement shall be for a one-year
term commencing on the Effective Date and ending on May 14, 2009 (the
"Initial Term"). Subject to Section 6, the Initial Term shall be automatically
extended for additional terms of successive one-year periods (the "Additional
Term") unless the Company or the Executive gives written notice to the other of
the termination of the Executive's employment hereunder at least 60 days prior
to the expiration of the Initial Term or Additional Term. The Initial Term and
any Additional Term shall be referred to herein as the "Employment
Term."

    

    3.     BASE SALARY.  The
Company agrees to pay to the Executive a base salary at an annual rate of not
less than $85,000, payable in accordance with the regular payroll practices of
the Company. The Executive's Base Salary shall be subject to annual review by
the Board (or a committee thereof).  The base salary as determined
herein from time to time shall constitute "Base Salary" for purposes of this
Agreement.

    

    

    4.     EMPLOYEE
BENEFITS.

    

    (a) Benefit Plans.  The
Executive shall be eligible to participate in any employee benefit plan of the
Company, including, but not limited to, equity, pension, thrift, profit sharing,
medical coverage, education, or other retirement or welfare benefits that the
Company has adopted or may adopt, maintain or contribute to for the benefit of
its senior executives, at a level commensurate with his positions, subject to
satisfying the applicable eligibility requirements. The Company may at any time
or from time to time amend, modify, suspend or terminate any employee benefit
plan, program or arrangement for any reason in its sole discretion.

    

    (b) Vacation.  The
Executive shall be entitled to an annual paid vacation in accordance with the
Company's policy applicable to senior executives from time to time in effect,
but in no event less than two weeks per calendar year (as prorated for partial
years), which vacation may be taken at such times as the Executive elects with
due regard to the needs of the Company.  The carry-over of vacation
days shall be in accordance with the Company's policy applicable to senior
executives from time to time in effect.

    

    (c) Business and Entertainment
Expenses.  Upon presentation of appropriate documentation, the
Executive shall be reimbursed for all reasonable and necessary business and
entertainment expenses incurred in connection with the performance of his duties
hereunder, all in accordance with the Company's expense reimbursement policy
applicable to senior executives from time to time in effect.

    

    5.     TERMINATION.  The
Executive's employment and the Employment Term shall terminate on the first of
the following to occur:

     

     

    
      
        
        

      

      
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    (a) Disability.  On the
thirtieth (30th) day
following written notice by the Company to the Executive of termination due to
Disability. For purposes of this Agreement, "Disability" shall mean a
determination  by the Company in accordance with applicable law that
due to a physical or mental injury, infirmity or incapacity, the Executive is
unable to perform the essential functions of his job with or without
accommodation for 180 days (whether or not consecutive) during any 12-month
period.

    

    (b) Death.  Automatically
on the date of death of the Executive.

    

    (c) Cause.  Immediately
upon written notice by the Company to the Executive of a termination for Cause.
"Cause" shall mean, as determined by the Board (or its designee) (1) conduct by
the Executive in connection with his employment duties or responsibilities that
is fraudulent, unlawful or grossly negligent; (2) the willful misconduct of the
Executive; (3) the willful and continued failure of the Executive to perform the
Executive's duties with the Company (other than any such failure resulting from
incapacity due to physical or mental illness); (4) the commission by the
Executive of any felony (or the equivalent under the law of the People's
Republic of China) (other than traffic-related offenses) or any crime involving
moral turpitude; (5) violation of any material policy of the Company or any
material provision of the Company's code of conduct, employee handbook or
similar documents; or (6) any material breach by the Executive of any provision
of this Agreement or any other written agreement entered into by the Executive
with the Company.

    

    (d) Without Cause.  On
the thirtieth (30th) day following written notice by the Company to the
Executive of an involuntary termination without Cause, other than for death or
Disability.

    

    (e) Good Reason.  On the
sixtieth (60th) day
following written notice by the Executive to the Company of a termination for
Good Reason. "Good Reason" shall mean, without the express written consent of
the Executive, the occurrence of any the following events unless such events are
cured (if curable) by the Company within fifteen days following receipt of
written notification by the Executive to the Company that he intends to
terminate his employment hereunder for one of the reasons set forth below: any
material reduction or diminution (except temporarily during any period of
incapacity due to physical or mental illness) in the Executive's title,
authorities, duties or responsibilities or reporting requirements with the
Company.

    

    6.     CONSEQUENCES
OF TERMINATION.

    

    (a) Disability.  Upon
termination of the Employment Term because of the Executive's Disability, the
Company shall pay or provide to the Executive (1) any unpaid Base Salary and any
accrued vacation through the date of termination; (2) reimbursement for any
unreimbursed expenses properly incurred through the date of termination; and (3)
all other payments or benefits to which the Executive may be entitled under the
terms of any applicable employee benefit plan, program or arrangement
(collectively, "Accrued Benefits").

    

    (b) Death.  Upon the
termination of the Employment Term because of the Executive's death, the
Executive's estate shall be entitled to any Accrued Benefits.

     

     

     

    
      
        
        

      

      
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    (c) Termination for Cause. Upon
the termination of the Employment Term by the Company for Cause or by either
party in connection with a failure to renew this Agreement, the Company shall
pay to the Executive any Accrued Benefits.

    

    (d) Termination without Cause or for Good
Reason.  Upon the termination of the Employment Term by the
Company without Cause or by the Executive with Good Reason, the Company shall
pay or provide to the Executive (1) the Accrued Benefits, and (2) subject to the
Executive's execution (and non-revocation) of a general release of claims
against the Company and its affiliates in a form reasonably requested by the
Company, (A) continued payment of his Base Salary for two (2) months after
termination, payable in accordance with the regular payroll practices of the
Company, but off the payroll; and (B) payment of the Executive's cost of
continued medical coverage for two (2) months after termination (subject to the
Executive's co-payment of the costs in the same proportion as such costs were
shared immediately prior to the date of termination).1  Payments provided under this
Section 7(d) shall be in lieu of any termination or severance payments or
benefits for which the Executive may be eligible under any of the plans,
policies or programs of the Company.

    

    7.     NO ASSIGNMENT.  This
Agreement is personal to each of the Parties.  Except as provided
below, no Party may assign or delegate any rights or obligations hereunder
without first obtaining the written consent of the other Party hereto; provided, however, that the
Company may assign this Agreement to any successor (whether direct or indirect,
by purchase, merger, consolidation or otherwise) to all or substantially all of
the business or assets of the Company.

    

    8.     NOTICES. For the purpose of
this Agreement, notices and all other communications provided for in this
Agreement shall be in writing and shall be deemed to have been duly given (1) on
the date of delivery if delivered by hand, (2) on the date of transmission, if
delivered by confirmed facsimile, (3) on the first business day following the
date of deposit if delivered by guaranteed overnight delivery service, or (4) on
the fourth business day following the date delivered or mailed by United States
registered or certified mail, return receipt requested, postage prepaid,
addressed as follows:

    

    If to the Executive:

    

    At the address (or to the facsimile
number) shown on the records of the Company

    

    If to the Company:

    

    

    Telephone:

           Facsimile:

           Attention:  Chief
Executive Officer

     

    _____________________________

     

    
      
        
        

      

      
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    With a copy to:

    

    Anslow + Jaclin, LLP

    195 Route 9 South, Suite
204

    Manalapan, New Jersey,
07726

    Attention: Gregg Jaclin,
Esq.

    Facsimile: (732) 577-1188

    

    or to
such other address as either Party may have furnished to the other in writing in
accordance herewith, except that notices of change of address shall be effective
only upon receipt.

    

    9.     PROTECTION
OF THE COMPANY'S BUSINESS.

    

    (a) Confidentiality.  The
Executive acknowledges that during the course of his employment by the Company
(prior to and during the Employment Term) he has and will occupy a position of
trust and confidence. The Executive shall hold in a fiduciary capacity for the
benefit of the Company and shall not disclose to others or use, whether directly
or indirectly, any Confidential Information regarding the Company, except (i) as
in good faith deemed necessary by the Executive to perform his duties hereunder,
(ii) to enforce any rights or defend any claims hereunder or under any other
agreement to which the Executive is a party, provided that such disclosure
is relevant to the enforcement of such rights or defense of such claims and is
only disclosed in the formal proceedings related thereto, (iii) when required to
do so by a court of law, by any governmental agency having supervisory authority
over the business of the Company or by any administrative or legislative body
(including a committee thereof) with jurisdiction to order him to divulge,
disclose or make accessible such information, provided that the Executive
shall give prompt written notice to the Company of such requirement, disclose no
more information than is so required, and cooperate with any attempts by the
Company to obtain a protective order or similar treatment, (iv) as to such
Confidential Information that shall have become public or known in the Company's
industry other than by the Executive's unauthorized disclosure, or (v) to the
Executive's spouse, attorney and/or his personal tax and financial advisors as
reasonably necessary or appropriate to advance the Executive's tax, financial
and other personal planning (each an "Exempt Person"), provided, however, that any disclosure
or use of Confidential Information by an Exempt Person shall be deemed to be a
breach of this Section 10(a) by the Executive.  The Executive shall
take all reasonable steps to safeguard the Confidential Information and to
protect it against disclosure, misuse, espionage, loss and theft.  The
Executive understands and agrees that the Executive shall acquire no rights to
any such Confidential Information. "Confidential Information" shall mean
information about the Company, its subsidiaries and affiliates, and their
respective clients and customers that is not disclosed by the Company and that
was learned by the Executive in the course of his employment by the Company,
including, but not limited to, any proprietary knowledge, trade secrets, data
and databases, formulae, sales, financial, marketing, training and technical
information, client, customer, supplier and vendor lists, competitive
strategies, computer programs and all papers, resumes, and records (including
computer records) of the documents containing such Confidential
Information.

     

     

    
      
        
        

      

      
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    (b) Non-Competition.  During
the Employment Term and for the one-year period following the termination of the
Executive's employment for any reason (the "Restricted Period"), the Executive
shall not, directly or indirectly, without the prior written consent of the
Company, provide employment (including self-employment), directorship,
consultative or other services to any business, individual, partner, firm,
corporation, or other entity that competes with any business conducted by the
Company or any of its subsidiaries or affiliates on the date of the Executive's
termination of employment or within one year of the Executive's termination of
employment in the geographic locations where the Company and its subsidiaries or
affiliates engage or propose to engage in such business (the "Business").
Nothing herein shall prevent the Executive from having a passive ownership
interest of not more than 2% of the outstanding securities of any entity engaged
in the Business whose securities are traded on a national securities
exchange.

    

    (c) Non-Solicitation of
Employees.  The Executive recognizes that he possesses and will
possess confidential information about other employees of the Company and its
subsidiaries and affiliates relating to their education, experience, skills,
abilities, compensation and benefits, and inter-personal relationships with
customers of the Company and its subsidiaries and affiliates. The Executive
recognizes that the information he possesses and will possess about these other
employees is not generally known, is of substantial value to the Company and its
subsidiaries and affiliates in developing their business and in securing and
retaining customers, and has been and will be acquired by him because of his
business position with the Company. The Executive agrees that, during the
Restricted Period, he will not, directly or indirectly, (i) solicit or
recruit any employee of the Company or any of its subsidiaries or affiliates (a
"Current Employee") or any person who was an employee of the Company or any of
its subsidiaries or affiliates during the twelve (12) month period immediately
prior to the date the Executive's employment terminates (a "Former Employee")
for the purpose of being employed by him or any other entity, or (ii) hire any
Current Employee or Former Employee.

    

    (d) Non-Solicitation of
Customers.  The Executive agrees that, during the Restricted
Period, he will not, directly or indirectly, solicit or attempt to solicit (i)
any party who is a customer or client of the Company or its subsidiaries, who
was a customer or client of the Company or its subsidiaries at any time during
the twelve (12) month period immediately prior to the date the Executive's
employment terminates or who is a prospective customer or client that has been
identified and targeted by the Company or its subsidiaries for the purpose of
marketing, selling or providing to any such party any services or products
offered by or available from the Company or its subsidiaries, or (ii) any
supplier or vendor to the Company or any subsidiary to terminate, reduce or
alter negatively its relationship with the Company or any subsidiary or in any
manner interfere with any agreement or contract between the Company or any
subsidiary and such supplier or vendor.

    

    (e) Property.  The
Executive acknowledges that all originals and copies of materials, records and
documents generated by him or coming into his possession during his employment
by the Company or its subsidiaries are the sole property of the Company and its
subsidiaries ("Company Property").  

     

     

    
      
        
        

      

      
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      During
the Employment Term, and at all times thereafter, the Executive shall not
remove, or cause to be removed, from the premises of the Company or its
subsidiaries, copies of any record, file, memorandum, document, computer related
information or equipment, or any other item relating to the business of the
Company or its subsidiaries, except in furtherance of his duties under this
Agreement.  When the Executive's employment with the Company
terminates, or upon request of the Company at any time, the Executive shall
promptly deliver to the Company all copies of Company Property in his possession
or control.

    

    

    (f) Non-Disparagement.  Executive
shall not, and shall not induce others to, Disparage the Company or its
subsidiaries or affiliates or their past and present officers, directors,
employees or products. "Disparage" shall mean making comments or statements to
the press, the Company's or its subsidiaries' or affiliates' employees or any
individual or entity with whom the Company or its subsidiaries or affiliates has
a business relationship which would adversely affect in any manner (1) the
business of the Company or its subsidiaries or affiliates (including any
products or business plans or prospects), or (2) the business reputation of the
Company or its subsidiaries or affiliates, or any of their products, or their
past or present officers, directors or employees.

    

    (g) Cooperation.  Subject
to the Executive's other reasonable business commitments, following the
Employment Term, the Executive shall be available to cooperate with the Company
and its outside counsel and provide information with regard to any past,
present, or future legal matters which relate to or arise out of the business
the Executive conducted on behalf of the Company and its subsidiaries and
affiliates, and, upon presentation of appropriate documentation, the Company
shall compensate the Executive for any out-of-pocket expenses reasonably
incurred by the Executive in connection therewith.

    

    (h) Equitable Relief and Other
Remedies.  The Executive acknowledges and agrees that the
Company's remedies at law for a breach or threatened breach of any of the
provisions of this Section 10 would be inadequate and, in recognition of this
fact, the Executive agrees that, in the event of such a breach or threatened or
attempted breach, in addition to any remedies at law, the Company, without
posting any bond, shall be entitled to obtain equitable relief in the form of
specific performance, a temporary restraining order, a temporary or permanent
injunction or any other equitable remedy which may then be available. In
addition, without limiting the Company's remedies for any breach of any
restriction on the Executive set forth in this Section 10, except as required by
law, the Executive shall not be entitled to any payments set forth in Section
7(d) hereof if the Executive has breached the covenants applicable to the
Executive contained in this Section 10, the Executive will immediately return to
the Company any such payments previously received under Section 7(d) upon such a
breach, and, in the event of such breach, the Company will have no obligation to
pay any of the amounts that remain payable by the Company under Section
7(d).

    

    (i) Reformation.  If it
is determined by a court of competent jurisdiction in any state that any
restriction in this Section 10 is excessive in duration or scope or is
unreasonable or unenforceable under the laws of that state, it is the intention
of the parties that such restriction may be modified or amended by the court to
render it enforceable to the maximum extent permitted by the law of that
state.  The Executive acknowledges that the restrictive covenants
contained in this Section 10 are a condition of this Agreement and are
reasonable and valid in temporal scope and in all other respects.

     

     

    
      
        
        

      

      
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    (j) Survival of
Provisions.  The obligations contained in this Section 10 shall
survive in accordance with their terms the termination or expiration of the
Executive's employment with the Company and shall be fully enforceable
thereafter.

    

    10.     INDEMNIFICATION.  The
Executive shall be indemnified to the extent permitted by the Company's
organizational documents and to the extent required by law.

    

    11.     SECTION HEADINGS AND
INTERPRETATION. The section headings used in this Agreement are included
solely for convenience and shall not affect, or be used in connection with, the
interpretation of this Agreement. Expressions of inclusion used in this
agreement are to be understood as being without limitation.

    

    12.     SEVERABILITY.  The
provisions of this Agreement shall be deemed severable and the invalidity of
unenforceability of any provision shall not affect the validity or
enforceability of the other provisions hereof.

    

    13.     COUNTERPARTS.  This
Agreement may be executed in several counterparts, each of which shall be deemed
to be an original but all of which together will constitute one and the same
Agreement.

    

    14.     GOVERNING LAW AND
VENUE.  The validity, interpretation, construction and
performance of this Agreement shall be governed by the laws of the State of
California without regard to its conflicts of law principles. The Parties agree
irrevocably to submit to the exclusive jurisdiction of the federal courts or, if
no federal jurisdiction exists, the state courts, located in the County of Santa
Clara, for the purposes of any suit, action or other proceeding brought by any
Party arising out of any breach of any of the provisions of this Agreement and
hereby waive, and agree not to assert by way of motion, as a defense or
otherwise, in any such suit, action, or proceeding, any claim that it is not
personally subject to the jurisdiction of the above-named courts, that the suit,
action or proceeding is brought in an inconvenient forum, that the venue of the
suit, action or proceeding is improper, or that the provisions of this Agreement
may not be enforced in or by such courts.  IN ADDITION, THE PARTIES AGREE TO
WAIVE A TRIAL BY JURY.

    

    15.     ENTIRE AGREEMENT. This
Agreement contains the entire agreement between the Parties with respect to the
subject matter hereof and supersedes all prior agreements, written or oral, with
respect thereto. No agreements or representations, oral or otherwise, express or
implied, with respect to the subject matter hereof have been made by either
party which are not expressly set forth in this Agreement.

     

     

    
      
        
        

      

      
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    16.     WAIVER AND
AMENDMENT.  No provision of this Agreement may be modified,
amended, waived or discharged unless such waiver, modification, amendment or
discharge is agreed to in writing and signed by the Executive and such officer
or director as may be designated by the Board. No waiver by either Party at any
time of any breach by the other Party hereto of, or compliance with, any
condition or provision of this Agreement to be performed by such other Party
shall be deemed a waiver or similar or dissimilar provisions or conditions at
the same or at any prior or subsequent time.

    

    17.     WITHHOLDING. The Company may
withhold from any and all amounts payable under this Agreement such federal,
state, local and foreign taxes as may be required to be withheld pursuant to any
applicable law or regulation.

    

    18.     AUTHORITY AND
NON-CONTRAVENTION.  The Executive represents and warrants to
the Company that he has the legal right to enter into this Agreement and to
perform all of the obligations on his part to be performed hereunder in
accordance with its terms and that he is not a party to any agreement or
understanding, written or oral, which could prevent him form entering into this
Agreement or performing all of his obligations hereunder.

    

    19.     COUNTERPARTS.  This
Agreement may be executed in counterparts, each of which shall be deemed an
original but all of which shall constitute one and the same
instrument.

    

    

    [REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]

     

     

     

    
      
        
        

      

      
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    IN WITNESS WHEREOF, the
Parties have executed this Agreement as of the date first written
above.

    

    ABUNDANTAD, INC.

    

    

    /s/ 
Joe Abrams                            

    By:   Joe
Abrams

    Title:
President and Chief Executive Officer

    

    

    EXECUTIVE

    

    

    /s/ 
Dennis Hom                            

    Dennis Hom

     

     

    10f8k0508ex10iv_adex.htm

    Exhibit 10.4

    
      

       

      

       

       

      ASSET
PURCHASE AGREEMENT

       

       

      

       

       

      Dated
as of April __, 2008

       

       

       

       

       

       

       

       

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      TABLE
OF CONTENTS

       

       

      
        
          	
                  ARTICLE I SALE AND PURCHASE

                	
                  1

                
	
                  Section
      1.1    Agreement to Sell and to
    Purchase.

                	
                  1

                
	
                  Section
      1.2    Excluded Assets.

                	
                  2

                
	
                  Section
      1.3    No Assumption of Liabilities.

                	
                  2

                
	
                  Section
      1.4    Purchase Price.

                	
                  2

                
	 
      	 
      
	
                  ARTICLE II REPRESENTATIONS AND WARRANTIES OF
      SELLER

                	
                  3

                
	
                  Section
      2.1    Sole Proprietorship.

                	
                  3

                
	
                  Section
      2.2    Authorization, No Conflicts.

                	
                  3

                
	
                  Section
      2.3    Assets Necessary to Business.

                	
                  4

                
	
                  Section
      2.4    Status of Assets.

                	
                  4

                
	
                  Section
      2.5    Liabilities.

                	
                  4

                
	
                  Section
      2.6    Taxes and Tax Returns.

                	
                  4

                
	
                  Section
      2.7    Intellectual Property Rights.

                	
                  5

                
	
                  Section
      2.8    Litigation; Compliance.

                	
                  5

                
	
                  Section
      2.9    Contracts.

                	
                  6

                
	
                  Section
      2.10  Traffic Statistics Reports.

                	
                  6

                
	
                  Section
      2.11  No Material Adverse Change; Accounting.

                	
                  6

                
	
                  Section
      2.12  No Brokers or Finders.

                	
                  7

                
	
                  Section
      2.13  Investment Intent.

                	
                  7

                
	 
      	 
      
	
                  ARTICLE III REPRESENTATIONS AND WARRANTIES OF
      PURCHASER’

                	
                  8

                
	
                  Section
      3.1    Organization and Existence.

                	
                  8

                
	
                  Section
      3.2    Corporate Authorization.

                	
                  9

                
	
                  Section
      3.3    Brokers.

                	
                  9

                
	
                  Section
      3.4    Shares.

                	
                  9

                
	 
      	 
      
	
                  ARTICLE IV PURCHASER’S CLOSING DELIVERIES

                	
                  9

                
	 
      	 
      
	
                  ARTICLE V SELLER’S CLOSING DELIVERIES

                	
                  9

                
	 
      	 
      
	
                  ARTICLE VI THE CLOSING

                	
                  10

                
	
                  Section
      6.1    Closing.

                	
                  10

                
	 
      	 
      
	
                  ARTICLE VII NONDISCLOSURE; NONCOMPETITION;
      NON-SOLICITATION

                	
                  10

                
	
                  Section
      7.1    Nondisclosure.

                	
                  10

                
	
                  Section
      7.2    Noncompetition.

                	
                  Error!
      Bookmark not defined.

                
	
                  Section
      7.3    Nonsolicitation.

                	
                  Error!
      Bookmark not defined.

                
	
                  Section
      7.4    Miscellaneous.

                	
                  Error!
      Bookmark not defined.

                
	 
      	 
      
	
                  ARTICLE VIII INDEMNIFICATION

                	
                  11

                
	
                  Section
      8.1    Indemnification.

                	
                  11

                
	 
      	 
      

        

         

         

        
          
            
            

          

          
            i

            
              

            

          

          
            
            

          

        

         

        
          	
                  ARTICLE IX MISCELLANEOUS PROVISIONS

                	
                  12

                
	
                  Section
      9.1    Notices.

                	
                  12

                

        

        
          	
                  Section
      9.2    Amendments.

                	
                  12

                
	
                  Section
      9.3    Announcements.

                	
                  12

                
	
                  Section
      9.4    Expenses.

                	
                  13

                
	
                  Section
      9.5    Entire Agreement.

                	
                  13

                
	
                  Section
      9.6    Descriptive Headings.

                	
                  13

                
	
                  Section
      9.7    Counterparts.

                	
                  13

                
	
                  Section
      9.8    Governing Law; Jurisdiction.

                	
                  13

                
	
                  Section
      9.9    Construction; Interpretation.

                	
                  13

                
	
                  Section
      9.10  Severability.

                	
                  13

                
	
                  Section
      9.11  Specific Performance.

                	
                  14

                
	
                  Section
      9.12  Survival.

                	
                  14

                

        

      

       

       

       

       

       

       

       

      
 

      
        
          
          

        

        
          ii

          
            

          

        

        
          
          

        

      

       

       

      ASSET
PURCHASE AGREEMENT

       

      This
Asset Purchase Agreement (“Agreement”)
is entered into as of April __, 2008 by and among Abundantad Incorporated, a
Nevada corporation (“Purchaser”)
and Kim and Lim, LLC, a ______________ limited liability company (“Seller”),
James Kim (“Kim”) and
Dennis Hom (“Hom”).

       

      RECITALS

       

      WHEREAS,
Seller owns all of the assets and business of Kim and Lim, LLC, [an Internet
website] (the “Business”);
and

       

      WHEREAS,
Purchaser desires to purchase from Seller, and Seller desires to sell to
Purchaser, the Business, upon the terms and subject to the conditions set forth
in this Agreement;

       

      NOW,
THEREFORE, in consideration of the premises, the mutual covenants and agreements
contained herein and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as
follows:

       

      ARTICLE I

       

      SALE
AND PURCHASE

       

      Section
1.1 Agreement
to Sell and to Purchase.

       

      On the
terms and subject to the conditions set forth in this Agreement,
Purchaser  agrees to purchase from Seller, and Seller agrees to sell,
transfer, assign, convey and deliver to Purchaser, on the Closing Date (as
defined in Section 6.1 hereof), free and clear of all Liens (as such term is
defined in Section 2.4), all of Seller’s right, title and interest in, to and
under all of the assets, properties, privileges, claims, rights and business of
the Business, whether real, personal and mixed, tangible and intangible,
absolute or contingent, wherever located and whether or not reflected on the
books and records of Seller, relating to or used in connection with, the
Business (the “Purchased
Assets”), except for the Excluded Assets. The Purchased Assets include
but are not limited to the following items:

       

      (a) the
Business, its good will, its name (and any derivatives or combinations thereof)
and any other tangible or intangible assets owned by Seller and used in the
operation of the Business;

       

      (b) all
contracts, licenses, sales orders, commitments, pricing and marketing
arrangements with customers, users or suppliers, and other arrangements,
agreements or understandings, whether in written or oral form, related to the
Business as set forth on Schedule 1.1(b)
hereto (the “Assumed
Contracts”);

       

      (c) all
internet domain names and URLs of the Business, inventions, art works, product
plans, logos, trademarks, trademark applications, service marks, copyrights,
trade names, trade secrets, customer lists, patents, patent rights and
applications, trade name, trademark and copyright registrations and
applications, source and object codes, whether owned or possessed by Seller and
used in or related to the Business as set forth on Schedule 1.1(c)
hereto (the “Intellectual
Property”);

       

       

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

       

       

       

      (d) all books
and records of Seller related to the Business, including without limitation,
accounting records, sales data, logs and other documents, customer and vendor
lists, mailing lists, and other records and files related to the
Business;

       

      (e) information
systems and computer hardware and software and other equipment of the Business
as set forth on Schedule 1.1(e);
and

       

      (f) all other
assets, properties and rights of Seller of every kind and nature owned or held
by Seller which are used in the Business, or in which Seller has an interest,
known or unknown, fixed or unfixed, choate or inchoate, accrued, absolute,
contingent or otherwise, including, without limitation, as set forth on Schedule 1.1(f)
hereof.

       

      Section
1.2 Excluded
Assets.

       

      The
assets that constitute the Excluded Assets shall include only those assets set
forth on Schedule
1.2 hereto (the “Excluded
Assets”).

       

      Section
1.3 No
Assumption of Liabilities.

       

      Purchaser
shall not assume, shall not take subject to, and shall not in any way be liable
for, any liabilities or obligations of any kind or nature, whether absolute,
contingent, accrued, known or unknown, of Seller.

       

      Section
1.4 Purchase
Price.

       

      The total
purchase price (the “Purchase
Price”) for the Purchased Assets to be paid to Seller by Purchaser shall
be paid as follows:

       

      (a) $550,000
cash payable $200,000 on the Closing Date by wire transfer of immediately
available funds and $350,000 on the first anniversary of the Closing Date
provided James Kim and Dennis Hom are employees in good standing on the first
anniversary of the Closing Date and have timely and faithfully performed all of
their obligations to the Purchaser; and

       

      (b) that
number of shares of common stock of Abundantad Incorporated as shall equal
250,000 shares of any public company (the “Pubco
Shares”) that shall by merger or exchange (the “Pubco
Transaction”) become the parent of the Company following the date hereof
(“Pubco”),
payable promptly on the Closing Date which shares shall be delivered promptly
following the later of the Closing Date or closing of the Pubco
transaction.

       

      (c) The
number of Pubco Shares shall be adjusted, after taking into account any merger,
consolidation, recapitalization or similar transaction, by issuance of
additional Shares of Pubco to Seller on the first anniversary of the Closing
Date if the product of (A) the Pubco Shares issued to Seller multiplied by (B)
the VWAP for the Pubco Shares issued to Seller for the 10 trading days
immediately prior to the first anniversary of the Closing Date on the principal
trading market on which Pubco shall then be quoted or trading, shall not equal
or exceed $750,000 (the “Make-Whole”).

       

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

       

      (d) Purchaser
shall have the option to satisfy the Make Whole provision in cash at its
election.

       

      (e) A revenue
target (the “Target”)
based bonus shall be paid in the amount of $100,000 payable in cash upon the
Business generating a minimum $3,000,000 in annual audited revenues for the
fiscal year ended December 31, 2008, in accordance with GAAP, as determined by
the Purchasers auditors.

       

      (f) Pubco
shall adopt and maintain an employee stock option plan under which on the
Closing Date, Kim and Hom (or their designees) shall each be issued 5 year
non-qualified options to purchase 75,000 shares of Pubco common stock, subject
to adjustment for any merger, consolidation, recapitalization or similar
transaction, which shall vest 1/3 on each of first, second and third
anniversaries of the date of award provided the grantee has fully complied with
all obligations to the Company and is employed on such anniversary
dates.

       

      ARTICLE II

       

        REPRESENTATIONS
AND WARRANTIES OF SELLER

       

      Seller,
Kim and Hom hereby jointly and severally represent and warrant to Purchaser as
follows:

       

      Section
2.1 Sole
Proprietorship.

       

      Seller is
a limited liability company possessing full capacity, power and authority to
own, operate and lease its properties and assets, to carry on the Business as
now conducted, and to consummate the transactions contemplated by this
Agreement.

       

      Section
2.2 Authorization,
No Conflicts.

       

      This
Agreement and the other documents to be executed in connection with the
transactions contemplated hereby, including, without limitation, the Employment
Agreements of James Kim and Dennis Hom, the Domain Name Assignment, and the
Inventions and Trade Secret Agreements (as defined herein)  (the “Transaction
Documents”) constitute the legal, valid and binding obligations of Seller
and such parties (other than Purchaser) thereto, enforceable against Seller and
such parties (other than Purchaser) in accordance with their respective
terms.  The execution, delivery and performance of this Agreement and
the Transaction Documents by Seller and such parties thereto (other than
Purchaser) and the transaction contemplated hereby and thereby had been
authorized by all appropriate limited liability or other action and do not and
will not (i) conflict with or result in a breach or violation of any term
or provision of, or (with or without notice or passage of time, or both)
constitute a breach or default under, any Assumed Contract, or other contractual
obligation of Seller (ii) result in the imposition of any Lien on any of
the Purchased Assets or (iii) violate any applicable law, rule, regulation
or order of any governmental body or any arbitrator having jurisdiction over
Seller or such parties. There are no options, rights or agreement providing any
party with preferential purchase rights, including without limitation, rights of
first refusal or first offer, with respect to the Purchased Assets or the
Business.

       

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

       

       

      Section
2.3 Assets
Necessary to Business.

       

      The
Purchased Assets constitute all of the assets, properties, rights and goodwill
necessary to carry on the Business in a manner consistent with current
operations and as described to Purchaser in order to continue the Business
substantially as conducted prior to the purchase by Purchaser. No part of the
Business is conducted by or through any person or entity other than
Seller.

       

      Section
2.4 Status
of Assets.

       

      (a) Except as
set forth on Schedule
2.4, hereto, Seller has and is conveying to Purchaser, good and
marketable title to, each of the Purchased Assets, free and clear of all liens,
security interests, pledges, mortgages, charges, adverse claims, preferential
arrangements or rights, and encumbrances (each a “Lien”).
Seller owns and has all right, power and authority to sell, convey, assign,
transfer and deliver the Purchased Assets to Purchaser in accordance with the
terms of this Agreement.  All of the Purchased Assets are adequate and
fit to be used for the purposes for which they are currently used.

       

      (b) There is
not now pending or to the knowledge of Seller, threatened any claim with respect
to any third-party rights, and all user-submitted and other content which
appears on any website or other property maintained or owned by Seller is, and
has historically been, deleted from the site as soon as reasonably practicable
following receipt by Seller of any notice relating to a third party’s alleged
rights in any such user-submitted content.

       

      Section
2.5 Liabilities.

       

      There are
no liabilities, debts or obligations of any nature (whether liquidated,
unliquidated, direct, accrued, unmatured, absolute, contingent or otherwise and
whether due or to become due), relating to the Purchased Assets or Business,
except liabilities that were incurred in the ordinary course of business since
December 31, 2007 and do not individually or in the aggregate exceed $1,000 and
which are set forth on Schedule 2.5
hereto.

       

      Section
2.6 Taxes
and Tax Returns. 

       

      Seller
has timely and properly filed all required tax returns and has paid all taxes
due with respect to the Business and the Purchased Assets for all periods ending
on or before the Closing Date. No unresolved claim or Lien for assessment or
collection of taxes has been asserted against Seller with respect to the
Business or the Purchased Assets, nor is there any basis for such a claim or
Lien.

       

       

      
        
          
          

        

        
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      Section
2.7 Intellectual
Property Rights.

       

      (a) Set forth
on Schedule 2.7
hereto is a true and complete list of all Intellectual Property. Seller has
complete rights to and ownership of all Intellectual Property required for use
in the Business, and such Intellectual Property is sufficient for Purchaser to
operate the Business as currently operated and in accordance with its plans as
described to Purchaser. Schedule 2.7
specifies, as applicable: (i) the title of the patent, trademark, trade name,
service mark, copyright or application therefore; (ii) the jurisdiction by or in
which such patent, trademark, trade name, service mark or copyright exists and
has been issued or registered or in which an application has been filed,
including the registration or application numbers and (iii) all Licenses (copies
of which have been previously delivered to Purchaser). For the purposes of this
Agreement, “Licenses”
means all licenses, sub-licenses, agreements, permits, undertakings,
understandings, and url registrations, pursuant to which any third party is
licensed or authorized to use any Intellectual Property of Seller or pursuant to
which Seller is authorized to use the intellectual property of any third
party.

       

      (b) The
execution, delivery and performance of this Agreement, and the  other
Transaction Documents and the consummation of the transactions contemplated
hereby and thereby will not constitute a material breach of any instrument or
agreement governing any Intellectual Property, will not cause the forfeiture or
termination or give rise to a right of forfeiture or termination of any
Intellectual Property nor impair the value or right of Seller to use, sell or
license any Intellectual Property or portion thereof.

       

      (c) Neither
the production, marketing, license, sale or intended use of any product or
service currently licensed or sold by Seller or currently under development by
Seller violates any License or agreement between Seller and any third party
relating to such product or service, nor infringes upon any intellectual
property rights of any other party. There are no pending or threatened claims or
litigation contesting the validity and ownership by Seller or its right to use,
sell, license or dispose of any Intellectual Property, nor is there any basis
for such a claim. Seller has not received any notice (or is not otherwise aware)
that any Intellectual Property, or its use, sale, license or disposition,
conflicts or will conflict with or infringes or will infringe upon the rights of
any other person or entity, nor is there any basis for such an
assertion.

       

      (d) No
current or prior employees, consultants, contractors, or agents
of  Seller have asserted an ownership interest or other right in or to
any Intellectual Property.

       

      Section
2.8 Litigation;
Compliance. 

       

      No
action, complaint, petition, suit, claim, order, ruling, injunction, judgment,
decree, investigation or other proceeding, whether civil or criminal, in law or
in equity, or before any arbitrator or governmental body, is pending or
threatened, nor is there any basis therefore, against or affecting the Seller,
the Purchased Assets (or the use, operation or value thereof), the Business,
Seller’s ability to perform under this Agreement or any other Transaction
Document or any aspect of the transaction contemplated by this Agreement. The
Business has been conducted in accordance with all applicable laws and
regulations.

       

       

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      Section
2.9 Contracts.

       

      Except
for the Assumed Contracts listed and described on Schedule 1.1(b),
Seller is not a party to any contract whatsoever relating to the Business or the
Purchased Assets. Each of the Assumed Contracts is valid and subsisting, and is
in full force and effect, and enforceable in accordance with its respective
terms, and upon assignment pursuant to this Agreement, will be enforceable by
Purchaser. No party thereto is in default and no claim of default by any party
has been made or is now pending, and no event exists which, with or without the
lapse of time or the giving of notice, or both, would constitute a breach or
default, cause the acceleration of any obligation, permit the termination or
excuse the performance by any party thereto, or would otherwise adversely affect
the Business or the Purchased Assets.  Except as noted on Schedule 1.1(b), each
Assumed Contract is assignable by Seller to Purchaser without the consent of any
third party. True and complete copies of the Assumed Contracts, including all
amendments and supplements thereto, have been delivered to
Purchaser.

       

      Section
2.10 Traffic
Statistics Reports.

       

      The
website traffic statistic reports provided to Purchaser by Seller are true,
complete and correct representations of actual results realized for the periods
covered by such reports, as reported by Google Analytics website traffic
reporting service and internal traffic statistics of each of the websites and
other properties transferred to Buyer and are not the result of any
manipulation, directions, bought traffic or similar actions, directly or
indirectly, of Seller,  Kim, Hom or any of their
affiliates.

       

      Section
2.11 No
Material Adverse Change; Accounting.

       

      Except as
set forth on Schedule
2.11, since December 31, 2007, there has not been, occurred or
arisen:

       

      (a) any sale,
lease or other disposition of any of the Purchased Assets;

       

      (b) any
casualty, loss, damage or destruction (whether or not covered by insurance) of
any of the Purchased Assets;

       

      (c) any Lien
created on the Purchased Assets; or

       

      (d) any
reduction in rank below the ________ ranked website in the organic search return
for “____________________” on [Google.com]; and

       

      (e) any
material adverse change in the Purchased Assets, including the Assumed
Contracts, the financial condition, results of operations, the accounting
practices historically used by Seller in connection with Business (except to the
extent such changes in accounting practices were made at the request of
Purchaser as part of transactions contemplated by this Agreement).

       

      Seller’s
records accurately and validly reflect the transactions relating to the
Business.

       

       

      
        
          
          

        

        
          6

          
            

          

        

        
          
          

        

      

       

       

      Section
2.12 No
Brokers or Finders.

       

      No agent,
broker, finder, or other person or firm engaged by or acting on behalf of Seller
in connection with the negotiation, execution or performance of this Agreement,
the other Transaction Documents or the transactions contemplated hereby or
thereby, is or shall be entitled to any broker’s or finder’s or similar fee or
other commission as a result of this Agreement, the other Transaction Documents
or the transactions contemplated hereby or thereby.

       

      Section
2.13 Investment
Intent.

       

      With
respect to the Pubco Shares (for the purposes hereof such term shall include any
and all shares or right to receive shares of common stock of the Buyer which
will be exchanged for Pubco Shares) to be received by Seller, Kim or
Hom:

       

      (a) Seller,
Kim and Hom acknowledge that the Pubco Shares to be issued and delivered
hereunder or under any of the Transaction Documents shall be issued in reliance
upon the exemption afforded by Section 4(2) of the Securities Act of 1933, as
amended (the “Act”), and
that Purchaser is relying upon the truth and accuracy of the representations set
forth in this Section 2.13.

       

      (b) The Pubco
Shares shall be acquired for such person’s own account, not as nominee or agent,
and not with a view to the resale or other transfer or distribution of any
portion thereof or interest therein in violation of the Act, and such person has
no present intention of selling, granting any participation in, or otherwise
transferring or distributing the Pubco Shares or any portion thereof or interest
therein in violation of the Act.  The recipient of the Pubco Shares is
not a registered broker-dealer or an entity engaged in the business of being a
broker-dealer.

       

      (c) Each
recipient of Pubco Shares acknowledges that it can bear the economic risk and
complete loss of its investment in the Pubco Shares, and has such knowledge and
experience in financial or business matters that it is capable of evaluating the
merits and risks of the investment contemplated hereby.  Such
recipient of Pubco Shares must continue to bear the economic risk of the
investment in the Pubco Shares unless they are subsequently registered under the
Act or an exemption from such registration is available.

       

      (d) Seller,
Kim and Hom are each “accredited investors” as such term is defined under the
Act.

       

      (e) Seller,
Kim and Hom acknowledge that the market value of the Pubco Shares will fluctuate
from their value on the Closing Date and, at the time of disposition of the
Pubco Shares, such Pubco Shares may be worth more or less than their market
value on the Closing Date.

       

      (f) Seller
has had an opportunity to receive all additional information related to
Purchaser and requested by it and to ask questions of and receive answers from
Purchaser regarding Buyer, and its businesses, operations and
conditions.  In accepting the Pubco Shares, no oral or written
representations (other than those specifically made in this Agreement) have been
made to Seller, Kim or Hom.

       

       

      
        
          
          

        

        
          7

          
            

          

        

        
          
          

        

      

       

       

      (g) Seller
understands and agrees that the Pubco Shares are characterized as “restricted
securities” under the Act inasmuch as they are being acquired from Buyer (and
will be exchanged for Pubco shares) in a transaction not involving a public
offering and that under the Act and applicable regulations such securities may
not be resold without registration under the Act, or availability of an
exemption therefrom under the Act.

       

      (h) Seller
understands that the Shares have not been registered under the Act, and have not
been registered or qualified under the securities laws of any state of the
United States.  Seller acknowledges that it has no right to require
Purchaser or Pubco register the Shares under the Act or to register or qualify
the Shares under the securities laws of any state of the United States, except
as set forth in this Agreement.

       

      (i) It is
understood that, until the earlier of: (a) registration under the Act or (b) the
time when any of the Shares may be sold pursuant to Rule 144(k) under the Act,
stock certificates evidencing such Shares shall bear the following
legend:

       

      [NEITHER]
THIS SECURITY [NOR THE SECURITIES INTO WHICH THIS SECURITY IS [EXERCISABLE]
[CONVERTIBLE]] HAS [NOT] BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE
COMMISSION OR THE SECURITIES COMMISSION OF ANY STATE IN RELIANCE UPON AN
EXEMPTION FROM REGISTRATION UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE
“SECURITIES ACT”), AND, ACCORDINGLY, MAY NOT BE OFFERED OR SOLD EXCEPT PURSUANT
TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE SECURITIES ACT OR PURSUANT TO
AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE
REGISTRATION REQUIREMENTS OF THE SECURITIES ACT AND IN ACCORDANCE WITH
APPLICABLE STATE SECURITIES LAWS AS EVIDENCED BY A LEGAL OPINION OF COUNSEL TO
THE TRANSFEROR TO SUCH EFFECT, THE SUBSTANCE OF WHICH SHALL BE REASONABLY
ACCEPTABLE TO THE COMPANY.

       

      ARTICLE III

       

      REPRESENTATIONS
AND WARRANTIES OF PURCHASER’

       

      Purchaser
hereby represents and warrants to Seller as follows:

       

      Section
3.1 Organization
and Existence.

       

      Purchaser
is a company validly existing and in good standing under the laws of the State
of the state of Nevada, and has all corporate power and authority necessary to
enable it to own, lease or otherwise hold its properties and assets and to carry
on its business as now conducted.

       

       

       

      
        
          
          

        

        
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      Section
3.2 Corporate
Authorization.  

       

      This
Agreement has been duly authorized, executed and when delivered by Purchaser
will constitute a valid and binding obligation of Purchaser, enforceable against
Purchaser in accordance with its terms except as may be subject to bankruptcy,
insolvency, reorganization, moratorium and other similar laws and equitable
principles relating to or affecting or qualifying the rights of creditors
generally and general principles of equity.

       

      Section
3.3 Brokers.  

       

      No agent,
broker, finder, or other person or firm engaged by or acting on behalf of
Purchaser in connection with the negotiation, execution or performance of this
Agreement, the other Transaction Documents or the transactions contemplated
hereby or thereby, is or will be entitled to any broker’s or finder’s or similar
fee or other commission as a result of this Agreement, the other Transaction
Documents or the transactions contemplated hereby or thereby.

       

      Section
3.4 Shares.  

       

      To the
Purchaser’s best knowledge, the Shares, when issued in accordance with the
provisions of this Agreement, will be validly issued, fully paid and
nonassessable.  The Shares will, to the Purchaser’s best knowledge, be
free of any Liens, except as provided in the Registration Rights Agreement and
the other Transaction Documents, and provided, however, that the Shares are
subject to all applicable securities laws, including but not limited to any
restrictions on transferability.

       

      ARTICLE IV

       

      PURCHASER’S
CLOSING DELIVERIES

       

      The
obligation of Seller to effect the Closing shall be subject to Purchaser’s
delivery of the following items on or prior to the Closing Date:

       

      (a) Employment
Agreements for ____ and ____ substantially in the form of Exhibit
A.

       

      (b) Payment
of the Purchase Price.

       

      ARTICLE V

       

      SELLER’S
CLOSING DELIVERIES

       

      The
obligation of Purchaser to effect the Closing shall be subject to Seller’s
delivery of the following items on or prior to the Closing Date:

       

      (a) Employment
Agreements for _____ and ____ substantially in the form of Exhibit
A.

       

       

      
        
          
          

        

        
          9

          
            

          

        

        
          
          

        

      

       

       

      (b) Non-Competition,
Secrecy, Invention and Technology Transfer Agreements from each of the employees
and owners of Seller substantially in the form of Exhibit B.

       

      (c) Opinion
of counsel to Seller, substantially in the form attached hereto as Exhibit
C.

       

      (d) Bill of
Sale in the form attached hereto as Exhibit D , executed
by Seller.

       

      (e) Evidence
of receipt of all consents, if any, needed to convey the Purchased
Assets.

       

      (f) Lock up
agreements substantially in the form attached hereto as Exhibit
E

       

      (g) Domain
name assignment agreement in the form attached hereto as Exhibit F (the
“Domain
Name Assignment”).

       

      (h) Audited
financial statements of Seller for the prior two (2) full fiscal years and
Unaudited financial statements through the last completed financial quarterly
period, which complies with the parties agreement as to the assets, liabilities
and results of operations of the Business as set forth in the Letter of Intent
by and between Purchaser, Kim and Hom dated as of March 22, 2008.

       

      (i) Such
other instruments of assignment, transfer and conveyance as Purchaser may
reasonably request to transfer to and vest in Purchaser all of Seller’s right,
title and interest in, to and under the Purchased Assets.

       

      ARTICLE VI

       

      THE
CLOSING

       

      Section
6.1 Closing.  

       

      The
Closing of the transactions contemplated hereby (the “Closing”)
shall be held on April __, 2008 (the “Closing
Date”) at the offices of ______________,
___________________________________ or at such other time or place as the
parties may mutually agree.  Alternatively, the parties may mutually
agree that the Closing may occur by mail, fascimile, overnight courier or a
combination thereof.  

       

      ARTICLE VII

       

      NONDISCLOSURE;
NONCOMPETITION; NON-SOLICITATION

       

      Section
7.1 Nondisclosure.

       

      Seller,
Kim and Hom agree that they will not, at any time, directly or indirectly use,
divulge, disclose, copy, furnish or make accessible to any person or entity any
proprietary, non-public, confidential or secret information of the Seller or
Purchaser, including, but not limited to, the Purchased Assets, or the existence
or content of this Agreement.

       

       

      
        
          
          

        

        
          10

          
            

          

        

        
          
          

        

      

       

       

      (a) Seller
agrees that a breach of this Article 7 may cause irreparable
injury to Purchaser, that Purchaser’s remedies at law in the event of such
breach would be inadequate and that accordingly, Purchaser shall be entitled, in
addition to any other rights and remedies it may have at law or in equity, to an
injunction enjoining and restraining Seller from doing or continuing to do any
such violation and any other violations or threatened violations of this Article
7.

       

      ARTICLE VIII

       

      INDEMNIFICATION

       

      Section
8.1 Indemnification.

       

      (a) Seller,
Kim and Hom shall indemnify, defend and hold harmless Purchaser and its
stockholders, directors, officers, members, managers, employees, agents,
representatives and assigns (each an “Affiliate”)
from and against any and all liabilities, losses, damages, costs and expenses
(including reasonable attorney’s fees and costs) (collectively, “Losses”),
directly or indirectly, as a result of, in connection with, or based upon or
arising from any of the following: (i) any inaccuracy in or breach or non
performance of any of the representations, warranties, covenants or agreements
made by Seller in this Agreement or any Transaction Document; (ii) the failure
of Seller to perform fully any covenant, provision or agreement to be performed
or observed by it pursuant to this Agreement or any related agreement; (iii) any
other matter as to which Seller in other provisions of this Agreement or any
related agreement has agreed to indemnify Purchaser; and (iv) any claims of
third parties in respect of the Purchased Assets, including the Assumed
Contracts or regarding the conduct of the Business prior to the Closing that are
asserted prior to, on or after the Closing. Seller shall reimburse the Purchaser
or its Affiliates promptly upon demand for any un-reimbursed payment made or
Loss suffered by Purchaser or its Affiliates, as such payment is made or Loss
suffered, in respect of any Loss, liability, judgment, claim or demand to which
the foregoing indemnity relates. With respect to any and all claims by Purchaser
under this Section 8.1 arising out of or in connection with this Agreement,
whether such liability arises from any claim based upon contract, warranty,
tort, failure of essential purpose or otherwise, Seller’s, Kim’s and Hom’s
aggregate indemnification obligations shall not exceed $500,000; provided,
however that no claim may be made by Purchaser under this Section unless the
total of the Losses associated with any single event or occurrence triggering an
indemnification claim exceeds ten thousand dollars
$10,000.  Notwithstanding the foregoing, with respect to any claims
arising under clause (iv) of this Section 8.1(a), the limitations set forth in
this Section 8.1(a) shall not apply and Purchaser or its Affiliates shall be
entitled to recover the entirety of the indemnifiable amounts.

       

      (b) Purchaser
shall indemnify, defend and hold harmless Seller from and against any and all
Losses, directly or indirectly, as a result of, in connection with, or based
upon (i) the failure of Purchaser to perform fully any covenant, provision or
agreement to be performed by it pursuant to this Agreement or any related
agreement, and (ii) any third party claims in respect of the Business or
Purchased Assets,  or relating to the conduct of the Business by the
Purchaser after the Closing. Purchaser shall reimburse the Seller or its
Affiliates promptly upon demand for any unreimbursed payment made or Loss
suffered by the Seller or its Affiliates at any time after the Closing Date in
respect of any Loss to which the foregoing indemnity relates.

       

       

      
        
          
          

        

        
          11

          
            

          

        

        
          
          

        

      

       

       

      (c) Nothing
in this Article 8 shall be deemed to preclude or otherwise limit in any way the
Purchaser or the Seller from exercising his or its other rights or from pursuing
other remedies specified in this Agreement.

       

      ARTICLE IX

       

      MISCELLANEOUS
PROVISIONS

       

      Section
9.1 Notices.  

       

      All
notices, demands or other communications to be given or delivered under or by
reason of the provisions of this Agreement shall be in writing and shall be
deemed to have been given (a) when delivered personally to the recipient, (b)
when sent to the recipient by telecopy (receipt electronically confirmed by
sender’s telecopy machine) if during normal business hours of the recipient,
otherwise on the next business day, (c) two (2) business says after the date
when sent to the recipient by reputable express courier service (charges
prepaid), or (d) seven business days after the date when mailed to the recipient
by certified or registered mail, return receipt requested and postage
prepaid.  Such notices, demands and other communications shall be sent
to Seller and to Purchaser at the addresses indicated below:

       

      
        	
                If
      to Seller:

              	 
      
	 	 
	
                With
      a copy to:

                (which
      shall not constitute notice)

              	 
      
	 	 
	
                If
      to Purchaser:

              	 
      
	 	 
	
                With
      a copy to:

                (which
      shall not constitute notice)

              	 
      

      

      

      or to
such other address as either party hereto may, from time to time, designate in
writing delivered to the other party pursuant to the terms of this Section
9.1.

       

      Section
9.2 Amendments.  

       

      The
terms, provisions and conditions of this Agreement may not be changed, modified
or amended in any manner except by an instrument in writing duly executed by
both of the parties hereto.

       

      Section
9.3 Announcements.  

       

      Seller
agrees not issue any press release, publicity statement or issue any other
public notice or announcement with respect to this Agreement or any related
agreement, or the transactions contemplated hereby or thereby. 

       

       

      
        
          
          

        

        
          12

          
            

          

        

        
          
          

        

      

       

       

      Section
9.4 Expenses.  

       

      Except as
set forth in this Agreement or the Transaction Documents, each party to this
Agreement shall bear its own expenses in the negotiation, preparation and
performance of this Agreement and the Transaction Documents, including but not
limited to, legal, accounting, or other professional fees and
expenses.

       

      Section
9.5 Entire
Agreement.  

       

      This
Agreement, together with the Exhibits and Schedules hereto, and the other
Transaction Documents, constitute the entire agreement between the parties
hereto with respect to the subject matter hereof, and supersede any and all
prior agreements and understandings among them, whether oral or written,
relating to such subject matter hereunder and thereunder.  The
Exhibits and Schedules to this Agreement are hereby incorporated and made a part
hereof.

       

      Section
9.6 Descriptive
Headings.  

       

      The
descriptive headings of the several sections of this Agreement are inserted for
convenience only and shall not control or affect the meaning or construction of
any of the provisions hereof.

       

      Section
9.7 Counterparts.  

       

      This
Agreement and any Transaction Document and any amendment hereto or thereto, may
be executed in counterpart by any one or more parties hereto, and each such
executed counterpart shall be deemed to be an original, and all of which shall
be deemed to constitute, one and the same instrument.

       

      Section
9.8 Governing
Law; Jurisdiction.

       

      This
Agreement shall be governed by and construed in accordance with internal laws of
the State of Nevada without reference to principles of conflicts of laws. The
parties hereto consent to the exclusive jurisdiction of the federal or state
court located in Reno, Nevada, with respect to any claim or controversy or
dispute related to the enforcement or interpretation of this
Agreement.

       

      Section
9.9 Construction;
Interpretation.  

       

      Seller
acknowledges that he has been represented by counsel of his choice in connection
with this Agreement and the transactions contemplated by this Agreement.
Accordingly, any rule of law that would require interpretation of any claimed
ambiguities in this Agreement is expressly waived.  The provisions of
this Agreement shall be interpreted in a reasonable manner to effect the intent
of Purchaser and Seller.

       

      Section
9.10 Severability.  

       

       

      
        
          
          

        

        
          13

          
            

          

        

        
          
          

        

      

       

       

      In the
event that any one or more of the provisions contained in this Agreement or in
any other Transaction Document, shall, for any reason, be held to be invalid,
illegal or unenforceable in any respect, then to the maximum extent permitted by
law, such invalidity, illegality or unenforceability shall not affect any other
provision. Furthermore, in lieu of any such invalid or unenforceable term or
provision, the parties hereto intend that there shall be added as a part of this
Agreement a provision as similar in terms to such invalid or unenforceable
provision as may be possible and be valid and enforceable.

       

      Section
9.11 Specific
Performance.  

       

      Without
limiting or waiving in any respect any rights or remedies of the parties under
this Agreement now or hereinafter existing at law or in equity or by statute,
each of the parties hereto shall be entitled to seek specific performance of the
obligations to be performed by the other in accordance with the provisions of
this Agreement.

       

      Section
9.12 Survival.  

       

      The
provisions of Articles 2, 7 and 8 shall survive the termination of this
Agreement.

       

       

       

      
        
          
          

        

        
          14

          
            

          

        

        
          
          

        

      

       

       

      IN
WITNESS WHEREOF, the parties hereto have executed and delivered this Agreement
as of the day and year first written above.

       

      
        
          	
                  SELLER

                
	 
      
	 
	 
	 
	 
	
                  PURCHASER

                
	 
	 
	
                  ABUNDANTAD
      INCORPORATED

                
	 
	 
      
	
                  By:

                	 
      
	 
      	
                  Name:

                  Title:    Chief
      Executive Officer

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