Document:

ex10-1.htm

    SHARE
PURCHASE AGREEMENT

     

    THIS SHARE
PURCHASE AGREEMENT
(the "Agreement") is effective as of the date this agreement is signed by
all parties.

    

    BETWEEN

    

    FULLEAD
OVERSEAS LIMITED

    Palm Grove House, P.O. Box 438, Road
Town,

    Tortola, British
Virgin Islands

     

    (“Fullead”)

    AND

    

    PROTECWERX
INC.

    800 Fifth Avenue,
Suite 4100

    Seattle, Washington
98104

    

    ("PWRX")

     

    

     

    WHEREAS:

     

    
      	
              A.  

            	
              Fullead
      wishes to acquire a controlling interest of PWRX, a company quoted on the
      OTCBB under the symbol PWRX.OB for total consideration of
      US$65,000.

            

    

     

    THIS AGREEMENT WITNESSES THAT
in consideration of the premises and mutual covenants contained in this
Agreement and 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.

            	
              PWRX
      represents that currently there are 38,043,000 common shares issued and
      outstanding and no other securities issued or
  outstanding.

            

    

     

    
      	
              2.

            	
              Fullead shall
      subscribe for a private placement of newly issued 32,500,000 common shares
      of PWRX for a price of US$65,000.

            

    

     

    
      	
              3.

            	
              It shall be a
      condition precedent to closing and this Agreement being effective
      that:

            

    

     

    
      	 	
              a) 

            	
              Fullead shall
      deposit US$65,000 into PWRX’s lawyer’s trust account to be held until
      closing; and

            

    

     

    
      	 	
              b) 

            	
              30,800,000
      common shares of PWRX shall be
cancelled.

            

    

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

     

    
      	
              4.

            	
              At
      closing:

            

    

     

    
      	
               
      

            	
              a)

            	
              all
      outstanding liabilities (including but not limited to contingent
      liabilities) of PWRX shall be extinguished (using $15,000 of this $65,000
      private placement with $10,000 being transferred to repay a currently
      outstanding shareholder loan);

            

    

     

    
      	
               
      

            	
              b)

            	
              $50,000 of
      this private placement shall be transferred to PWRX’s lawyer as an initial
      payment for a $75,000 flat fee for all legal work related to the change of
      control and any upcoming merger;
and

            

    

     

    
      	
               
      

            	
              c)

            	
              the number of
      members of the Board of Directors of PWRX shall be increased to 2, and
      Darrin Zinger shall appoint as a director an individual designated by
      Fullead, and then shall resign as an officer and director of
      PWRX.

            

    

    

    
      	
              5.

            	
              No
      amendment.  This
      Agreement may not be amended without the written consent of each party
      hereto.

            

    

    

    
      	
              6.

            	
              Presumption.  This
      Agreement or any section thereof shall not be construed against any party
      due to the fact that said Agreement or any section thereof was drafted by
      said party.

            

    

    

    
      	
              7.

            	
              Titles and
      Captions.  All
      article, section and paragraph titles or captions contained in this
      Agreement are for convenience only and shall not be deemed part of the
      context nor affect the interpretation of this
  Offer.

            

    

    

    
      	
              8.

            	
              Further
      Action.  The parties
      hereto shall execute and deliver all documents, provide all information
      and take or forbear from all such action as may be necessary or
      appropriate to achieve the purposes of this
  Offer.

            

    

    

    
      	
              9.

            	
              Good Faith,
      Cooperation and Due Diligence.  The parties
      hereto covenant, warrant and represent to each other good faith, complete
      cooperation, due diligence and honesty in fact in the performance of all
      obligations of the parties pursuant to this Offer.  All promises
      and covenants are mutual and
dependent.

            

    

    

    
      	
              10.

            	
              Savings
      Clause.  If any
      provision of this Offer, or the application of such provision to any
      person or circumstance, shall be held invalid, the remainder of this
      Offer, or the application of such provision to persons or circumstances
      other than those as to which it is held invalid, shall not be affected
      thereby.

            

    

    

    
      	
              11.

            	
              Assignment.  This
      Agreement may not be assigned by either party hereto without the written
      consent of the other, but shall be binding upon the successors of the
      parties.

            

    

    

    
      	
              12.

            	
              Notices.  All notices
      required or permitted to be given under this Agreement shall be given in
      writing and shall be delivered, either personally or by express delivery
      service, to the party to be notified.  Notice to each party
      shall be deemed to have been duly given upon delivery, personally or by
      courier, addressed to the attention of the officer at the address set
      forth heretofore, or to such other officer or addresses or by such other
      means as either party may designate, upon at least five days written
      notice, to the other party.

            

    

    

    
      	
              13.

            	
              Entire
      Offer.  This
      Agreement and the attached Exhibit A contain the entire understanding and
      Agreement among the parties. There are no other Offers, conditions or
      representations, oral or written, express or implied, with regard thereto.
      This Agreement may be amended only in writing signed by all
      parties.

            

    

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    
      	
              14.

            	
              Waiver.  A delay or
      failure by any party to exercise a right under this Offer, or a partial or
      single exercise of that right, shall not constitute a waiver of that or
      any other right.

            

    

     

    
      	
              15.

            	
              Counterparts.  This
      Agreement may be executed in counterparts, each of which shall be deemed
      an original, but all of which together shall constitute one and the same
      Offer.  In the event that the document is signed by one party
      and faxed to another the parties agree that a faxed signature shall be
      binding upon the parties to this Agreement as though the signature was an
      original.

            

    

     

    
      	
              16.

            	
              Counsel.  The parties
      expressly acknowledge that each has been advised to seek separate counsel
      for advice in this matter and has been given a reasonable opportunity to
      do so.

            

    

     

    
      	
              17.

            	
              Termination.  If
      the funds contemplated by Section 2(a) of this Agreement are not deposited
      into the PWRX’s counsel’s trust account by July 10, 2009 this Agreement
      will automatically terminate.

            

    

    

    

    FULLEAD
OVERSEAS LIMITED

    

    
      	
              Per:
      /s/
      Li Bin

              Authorized
      Signatory

            	
              Date: July 2,
      2009

            

    

    

    

    

     

    PROTECWERX
INC.

     

    

    
      	
              Per:
      /s/
      Darrin Zinger

              Darrin
      Zinger, CEO

            	
              Date: July 2,
      2009

            

    

    

    

    

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

     

    EXHIBIT
A

    Protecwerx
Inc.

    SUBSCRIPTION
AGREEMENT

    (THE
“AGREEMENT”)

    

    The undersigned
subscriber (the “Subscriber”) hereby subscribes for and agrees to purchase
32,500,000 common shares (the “Shares”) of Protecwerx Inc. Inc. (the “Company”)
at US$0.002 per share
(the “Shares”) for aggregate proceeds of US$65,000 (the “Funds”), all on
the terms and subject to the conditions set forth in Schedule “A” attached
hereto.

    

    
      	
              EXECUTION
      BY SUBSCRIBER

            
	
               

              G23999331                                                          

              Tax ID or
      social insurance number

            	
               

              Fullead Overseas
      Limited                                 

              Name of
      Subscriber

            
	
               

               

               

              /s/
      Li
      Bin                                                             
      

              Signature of
      Individual Subscriber or Authorized
      Signatory of Subscriber (if
      Subscriber is not
      an individual)

               

               

              ________________________________________                                                          

              Number and
      type of securities of the Company directly and
      indirectly held by the Subscriber

               

            	
               

              Palm Grove House, P.O. Box 438, Road
      Town, Tortola, British
      Virgin Islands

              Address of
      Subscriber

              ________________________________________  

               

              Li
      Bin                                                         
                                                                      

              Name of
      Contact Person, if Subscriber not an individual

               

              ________________________________________                                                              

              Telephone
      Number of Subscriber or Contact Person

               

              ________________________________________                                                                

              Facsimile
      Number of Subscriber or Contact
Person

            

    

     

    Executed
by the Subscriber this 2nd day of July, 2009.

     

    Please
complete the following section if you require the certificate(s) representing
the Shares to appear in the name of an intermediary, such as your broker, or
require the certificate(s) delivered to an address other than that shown
above.

     

    
      	
              REGISTRATION
      INSTRUCTIONS

            	
              DELIVERY
      INSTRUCTIONS

            
	
               

              _____________________________________

              Name to
      appear on certificate(s)

            	
               

              ___________________________________
      

              Name and
      account reference, if applicable

            
	
               

              _____________________________________

              Account
      reference, if applicable

            	
               

              ___________________________________

              Contact
      Person

            
	
               

              _____________________________________ 
      

              Address of
      Intermediary

               

              _____________________________________

               

            	
               

              ___________________________________

              Address for
      Delivery

               

              ___________________________________

               

            

    

     

    ACCEPTED by the
Company this 7th day
of July, 2009.

     

    Per: /s/
Darrin Zinger  

    President

     

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    

    

     

    Schedule
“A”

     

    In consideration of
the covenants and agreements herein, and the payment of one dollar made by each
party to the other, the receipt and sufficiency of which is acknowledged by each
party, the parties agree as follows:

     

    Delivery of Documents and
Funds

     

    The Subscriber
hereby delivers to the Company:

     

    
      	
              1.  

            	
              a completed
      and executed copy of this Agreement;
and

            

    

     

    
      	
              2.  

            	
              a certified
      check or bank draft for the Funds made payable to counsel for Protecwerx
      Inc., or confirmation of wire transfer delivered in trust for the benefit
      of Protecwerx Inc.

            

    

     

    Closing

     

    The closing of the
transactions contemplated by this Agreement (the “Closing”) will take place as
subscriptions are received by the Company.  

     

    At Closing, the
Company will deliver to the Subscriber the certificates representing the Shares
purchased by the Subscriber registered in the name of the Subscriber or as
directed on the cover page of this Agreement.

     

    Subscriber’s Representations,
Warranties, Covenants, Acknowledgements and Agreements

     

    
      	
              1.  

            	
              The
      Subscriber represents and warrants to the Company, and acknowledges that
      the Company is relying on these representations and warranties to, among
      other things, ensure that it is complying with all of the applicable
      securities legislation, that:

            

    

     

    
      	
              (a)  

            	
              the
      Subscriber is purchasing as principal and is either
      :  

            

    

     

    
      	
              (i)  

            	
              not a U.S.
      person and is not acquiring the Shares for the account or benefit of any
      U.S. person; OR

            

    

     

    
      	
              (ii)  

            	
              a U.S. person
      who is purchasing the Shares in a transaction that does not require
      registration under the U.S. Securities
Act.

            

    

     

    
      	
              (b)  

            	
              if the
      Subscriber is a resident of an “International Jurisdiction” (which means a
      jurisdiction other than the U. S.),
then:

            

    

     

    
      	
              (i)  

            	
              the
      Subscriber is knowledgeable of, or has been independently advised as to,
      the applicable securities legislation of the International Jurisdiction
      which would apply to this subscription, if there are
  any;

            

    

     

    
      	
              (ii)  

            	
              the
      Subscriber is purchasing the Shares pursuant to exemptions under the
      securities legislation of that International Jurisdiction or, if such is
      not applicable, the Subscriber is permitted to purchase the Shares under
      the applicable securities legislation of the International Jurisdiction
      without the need to rely on exemptions;
and

            

    

     

    
      	
              (iii)  

            	
              the
      applicable securities legislation does not require the Company to make any
      filings or seek any approvals of any kind whatsoever from any regulatory
      authority of any kind whatsoever in the International Jurisdiction; and
      the
      Subscriber will, if requested by the Company, deliver to the Company a
      certificate or opinion of local counsel from the International
      Jurisdiction which will confirm the matters referred to in subparagraphs
      (ii) and (iii) above to the satisfaction of the Company, acting
      reasonably;

            

    

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

     

    
      	
              (c)  

            	
              if the
      Subscriber is a U.S. Person (as defined under Regulation S promulgated
      under the United States Securities Act of 1933, as amended (the “U.S.
      Securities Act”), which definition includes an individual resident in the
      United States and an estate or trust of which any executor or
      administrator or trustee, respectively, is a U.S. Person),
      then:

            

    

     

    
      	
              (i)  

            	
              the
      Subscriber understands that the Shares have not been and will not be
      registered under the U.S. Securities Act or any applicable state
      securities laws, and that the sale contemplated hereby is being made in
      reliance on an exemption from registration pursuant to Section 4(6) of the
      U.S. Securities Act to accredited investors (as that term is defined in
      Rule 501(a) of Regulation D under the U.S. Securities Act, (an “Accredited
      Investor”)); AND

            

    

     

    
      	
              (ii)  

            	
              the
      Subscriber agrees that if it decides to offer, sell or otherwise transfer
      any of the Shares, it will not offer, sell or otherwise transfer any of
      such Shares directly or indirectly,
unless:

            

    

     

    
      	
              (A)  

            	
              the Company’s
      securities are publicly traded on a national securities exchange, the
      Nasdaq Stock Market or the OTC Bulletin Board;
  or

            

    

     

    
      	
              (B)  

            	
              the Company
      consents, in its sole discretion, in writing to such transfer and the
      transfer is made outside the United States in a transaction meeting the
      requirements of Rule 904 of Regulation S under the U.S. Securities Act
      (“Regulation S”) (or such successor rule or regulation then in effect), if
      applicable, and in compliance with
      applicable state securities laws and it has prior to such sale
      furnished to the Company an opinion
      of counsel, in a form reasonably satisfactory to the Company regarding
      compliance with Rule 904 and any applicable state securities laws;
      or the transfer is made pursuant to an exemption from the registration
      requirements under the U.S. Securities Act provided by Rule 144A or 144
      thereunder, if available, and in accordance with any applicable state
      securities laws and it has prior to such
      sale furnished to the Company an opinion of counsel, in a form reasonably
      satisfactory to the Company regarding
      compliance with Rule 144A or 144, as applicable, and any applicable state
      securities laws; AND

            

    

     

    
      	
              (iii)  

            	
              the
      Subscriber understands and acknowledges that upon the issuance thereof,
      and until such time as the same is no longer required under applicable
      requirements of the U.S. Securities Act or applicable state securities
      laws, the certificates representing the Shares shall bear, the following
      legends:

            

    

     

    If
the Subscriber is not a U.S. resident:

     

    “THE SECURITIES
REPRESENTED HEREBY HAVE BEEN OFFERED IN AN OFFSHORE TRANSACTION TO A PERSON WHO
IS NOT A U.S. PERSON (AS DEFINED HEREIN) PURSUANT TO REGULATION S UNDER THE
UNITED STATES SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”).

     

    NONE OF THE
SECURITIES REPRESENTED HEREBY HAVE BEEN REGISTERED UNDER THE 1933 ACT, OR ANY
U.S. STATE SECURITIES LAWS, AND, UNLESS SO REGISTERED, MAY NOT BE OFFERED OR
SOLD, DIRECTLY OR INDIRECTLY, IN THE UNITED STATES (AS DEFINED HEREIN) OR TO
U.S. PERSONS EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE
1933 ACT, PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, OR
PURSUANT TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE
REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE
WITH APPLICABLE STATE SECURITIES LAWS.  IN ADDITION, HEDGING
TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE
WITH THE 1933 ACT.  “UNITED STATES” AND “U.S. PERSON” ARE AS DEFINED
BY REGULATION S UNDER THE 1933 ACT.”

     

    If the Subscriber
is a U.S. resident:

     

    “NONE OF THE
SECURITIES REPRESENTED HEREBY HAVE BEEN REGISTERED UNDER THE UNITED STATES
SECURITIES ACT OF 1933, AS AMENDED (THE “1933 ACT”), OR ANY U.S. STATE
SECURITIES LAWS, AND, UNLESS SO REGISTERED, MAY NOT BE OFFERED OR SOLD, DIRECTLY
OR INDIRECTLY, IN THE UNITED STATES (AS DEFINED HEREIN) OR TO U.S. PERSONS
EXCEPT IN ACCORDANCE WITH THE PROVISIONS OF REGULATION S UNDER THE 1933 ACT,
PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT UNDER THE 1933 ACT, OR PURSUANT
TO AN AVAILABLE EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE
REGISTRATION REQUIREMENTS OF THE 1933 ACT AND IN EACH CASE ONLY IN ACCORDANCE
WITH APPLICABLE STATE SECURITIES LAWS.  IN ADDITION, HEDGING
TRANSACTIONS INVOLVING THE SECURITIES MAY NOT BE CONDUCTED UNLESS IN COMPLIANCE
WITH THE 1933 ACT.  “UNITED STATES” AND “U.S. PERSON” ARE AS DEFINED
BY REGULATION S UNDER THE 1933 ACT.”

     

    and if the Shares are
being sold outside of the United States in accordance with Rule 904 of
Regulation S, the legend Regulations S legend may be removed by providing a
declaration to the Company’s registrar and transfer agent in such form as the
Company may prescribe, including an opinion of counsel that such sale complies
with the requirements of the U.S. Securities Act;

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    
      	
              (d)  

            	
              the
      Subscriber acknowledges that:

            

    

     

    
      	
              (i)  

            	
              no securities
      commission or similar regulatory authority has reviewed or passed on the
      merits of the Shares;

            

    

     

    
      	
              (ii)  

            	
              there is no
      government or other insurance covering the Shares;

            

    

     

    
      	
              (iii)  

            	
              there are
      risks associated with the purchase of the Shares;

            

    

     

    
      	
              (iv)  

            	
              there are
      restrictions on the Subscriber’s ability to resell the Shares and it is the responsibility of the
      Subscriber to find out what those restrictions are and to comply with them
      before selling the Shares;

            

    

     

    
      	
              (v)  

            	
              the
      Subscriber is restricted from using certain of the civil remedies
      available under the applicable securities
  legislation;

            

    

     

    
      	
              (vi)  

            	
              the
      Subscriber may not receive information that might otherwise be required to
      be provided to the Subscriber under the applicable securities legislation
      if the exemptions were not being
used;

            

    

     

    
      	
              (vii)  

            	
              the Company
      is relieved from certain obligations that would otherwise apply under the
      applicable securities legislation if the exemptions were not being used;
      and

            

    

     

    
      	
               (e)   

            	
              the Subscriber is subscribing for the Shares as
      principal for its own account and not for the benefit of any other person (within
      the meaning of applicable securities laws) and not with a view to resale
      or distribution of all or any of the Shares or, if it is not subscribing
      as principal, it acknowledges that the Company may be required by law to
      disclose to certain regulatory authorities the identity of each beneficial
      Subscriber for the Shares for whom it is
  acting;

            

    

     

    
      	
              (f)   

            	
              the Shares are subject to a number of resale
      restrictions, including a restriction on trading.  Until the
      restriction on trading expires, the
      Subscriber will not be able to trade the Shares unless the Shares are
      registered or the Subscriber complies with an exemption from the
      prospectus requirements;

            

    

     

    
      	
              (g)  
      

            	
              the offer and
      sale of these Shares was not accomplished by an advertisement or other
      general solicitation (and the Subscriber has not attended any seminar or
      meeting whose attendees have been invited by general solicitation or
      general advertisement) and the Subscriber was not induced to purchase the
      Shares as a result of any advertisement or general solicitation made
      by the Company; and

            

    

     

    
      	
              (h)  
      

            	
              if the
      Subscriber is a corporation, the Subscriber is a valid and subsisting
      corporation and was not organized for the purpose of acquiring the Shares,
      has the necessary corporate capacity and authority to execute and deliver
      this Agreement and to observe and perform its covenants and obligations
      hereunder and has taken all necessary corporate action in respect thereof,
      or, if the Subscriber is an individual, a partnership, syndicate, trust or
      other form of unincorporated organization, the Subscriber has the
      necessary legal capacity and authority to execute and deliver this
      Agreement and to observe and perform its covenants and obligations
      hereunder and has obtained all necessary approvals in respect thereof,
      and, in either case, upon the Company executing and delivering this
      Agreement, this Agreement will constitute a legal, valid and binding
      contract of the Subscriber enforceable against the Subscriber in
      accordance with its terms and neither the agreement resulting from such
      acceptance nor the completion of the transactions contemplated hereby
      conflicts with, or will conflict with, or results, or will result, in a
      breach or violation of any law applicable to the Subscriber, any
      constating documents of the Subscriber or any agreement to which the
      Subscriber is a party or by which the Subscriber is bound;
    and

            

    

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

     

     

    
      	
              2.  

            	
              this
      subscription is given for valuable consideration and may not be withdrawn
      or revoked by the Subscriber;

            

    

     

    
      	
              3.  

            	
              the Company
      may for any reason, at any time before acceptance of this Agreement,
      terminate the offering of Shares and, upon termination, the Company will
      return the Funds to the Subscriber without interest or
      deduction;

            

    

     

    
      	
              4.  

            	
              the Shares
      will be subject to the following resale or transfer
      restrictions:

            

    

     

    
      	
              (a)  

            	
              the
      Subscriber will not be able to resell, assign or otherwise dispose of the
      Shares unless they are subsequently distributed under a prospectus,
      registration statement or in compliance with all applicable resale
      restrictions;

            

    

     

    
      	
              (b)  

            	
              the Company
      may be required to legend the certificates representing the Shares
      regarding these and any other restrictions on resale;
  and

            

    

     

    
      	
              5.  

            	
              the
      Subscriber will not resell, assign or otherwise dispose of the Shares
      other than in accordance with all applicable securities legislation and
      the requirements of any exchange or over-the-counter market upon which any
      securities of the Company are then
listed;

            

    

     

    
      	
              6.  

            	
              the
      Subscriber’s investment in the Shares is speculative and involves a high
      degree of risk, substantial financing for the Company may be required in
      the future, and there is no assurance that any such additional financing
      can be obtained;

            

    

     

    
      	
              7.  

            	
              the
      Subscriber is able to bear the economic risks of an investment in the
      Shares, including, without limiting the generality of the foregoing, the
      risk of losing part or all of the Funds, and the inability to sell,
      convert, exchange or transfer the Shares at a price which would enable the
      Subscriber to recoup his, her or its investment in the
    Shares;

            

    

     

    
      	
              8.  

            	
              other than any persons to whom the
      Company has agreed to pay a brokerage
      or finder’s fee, there is no person acting or purporting to
      act in connection with the transactions contemplated herein who is
      entitled to any brokerage or finder’s
      fee.  If any person establishes a claim that any fee or
      other compensation is payable in connection with this
      subscription for the Shares, the Subscriber covenants to indemnify and
      hold harmless the Company with respect thereto and with respect to all
      costs reasonably incurred in the defence
  thereof;

            

    

     

    
      	
              9.  

            	
              the Subscriber, and each beneficial person for whom it is
      contracting hereunder, have been advised to consult their own legal
      advisors with respect to trading in the Shares and with respect to the
      resale restrictions imposed by the securities laws of the state in
      which the Subscriber resides, the U.S. Securities Act
      and the rules and regulations thereunder, and any other applicable
      securities laws, and acknowledges that no representation has been made
      respecting the applicable hold periods or other resale restrictions
      applicable to such securities which restrict the
      ability of the Subscriber (or others for whom it is contracting hereunder)
      to resell such securities, that the Subscriber (or others for whom it is
      contracting hereunder) is solely responsible to find out what these
      restrictions are and the Subscriber is solely responsible (and the Company
      is not in any way responsible) for compliance with applicable resale
      restrictions and the Subscriber is aware that it (or beneficial persons
      for whom it is contracting hereunder) may not
      be able to resell such securities except in accordance with limited
      exemptions under the securities laws (including the U.S. Securities Act)
      and other applicable securities
laws;

            

    

     

    
      	
              10.  

            	
              the
      Subscriber will execute, deliver, file and otherwise assist the Company in
      filing, any report, undertaking or document with respect to the purchase,
      sale, conversion or exchange of the Shares as required by counsel for the
      Company;

            

    

     

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

     

    
      	
              11.  

            	
              the
      Subscriber hereby authorizes the Company to correct any minor errors in,
      or complete any minor information missing from, any document which has
      been executed by the Subscriber and delivered to the Company with respect
      to this Subscription;

            

    

     

    
      	
              12.  

            	
              if, for any
      reason, the offering of Shares is terminated or the Subscriber’s
      subscription is rejected, the Subscriber will have no claims against the
      Company, its directors and officers, shareholders, agents, advisors, and
      affiliates and shall have no interest in the Company or in any property or
      assets of the Company;

            

    

     

    
      	
              13.  

            	
              Subscriber acknowledges that there are risks associated with the purchase of and
      investment in the Shares and the Subscriber, and each beneficial person
      for whom it is contracting hereunder, is knowledgeable, sophisticated and
      experienced in business and financial matters and is capable of
      evaluating the merits and risks of an investment in the Shares, fully
      understands the restrictions on resale of the Shares and is able to bear
      the economic risk of an investment in the
  Shares;

            

    

     

    
      	
              14.  

            	
              the
      Subscriber is familiar with the aims and objectives of the Company and the
      proposed use of the proceeds received by the Company from the sale of the
      Shares and is aware of the risk and
      other characteristics of an investment in the
  Shares;

            

    

     

    
      	
              15.  

            	
              in evaluating
      the merits and risks of an investment in the Shares, the Subscriber has
      relied solely upon the advice of his, her or its legal, tax and investment
      advisors and not any oral or written statement made by, or on behalf of,
      the Company or its advisors;

            

    

     

    
      	
              16.  

            	
              THE
      SUBSCRIBER IS RESPONSIBLE FOR OBTAINING HIS, HER OR ITS OWN LEGAL,
      INVESTMENT AND TAX ADVICE;

            

    

     

    
      	
              17.  

            	
              the Company
      may pay a commission or fee in respect of the sale of the
      Shares;

            

    

     

    
      	
              18.  

            	
              the
      Subscriber and each beneficial person for whom it is acting is a resident
      in the jurisdiction set out on the face page of this
      Agreement.  Such address was not created and is not used solely
      for the purpose of acquiring the Shares and the Subscriber and any beneficial
      person was solicited to purchase in such jurisdiction and is acquiring the
      Shares for its own account or
      for the account of another Accredited Investor (as defined in Rule 501(a) of Regulation D under
      the U.S. Securities Act) over which the Subscriber exercises sole
      investment discretion, and as to which the Subscriber has the authority to
      make the statements set forth in this Agreement, in each case not with a
      view to, or for offer or sale in connection with, any resale, distribution
      or other disposition of the Shares in any transaction that would be in
      violation of the U.S. Securities Act or applicable state securities laws;
      and

            

    

     

    
      	
              19.  

            	
              The
      Subscriber, if an individual, is at least 18 years of age.  If
      Subscriber is an association or entity, each individual member of the
      association or entity is at least 18 years of age.  If
      Subscriber is acquiring the Shares for the account of another person, such
      person, if an individual is at least 18 years of age, or if such person is
      an association or entity, each individual member of the association or
      entity is over 18 years of age.

            

    

     

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

     

    Reliance Upon
Representations, Warranties, Covenants, Acknowledgements and
Agreements

     

    The Subscriber
acknowledges that the representations, warranties, covenants, acknowledgements
and agreements contained in this Agreement are made with the intent that they
may be relied upon by the Company, and the Subscriber hereby agrees to indemnify
the Company, its officers, directors, employees
and agents against all losses, claims, costs, expenses and damages or
liabilities which they may suffer or incur
caused or arising from their reliance
thereon.  The Subscriber covenants that the foregoing representations,
warranties, covenants, acknowledgements and agreements will be true at the time of execution of this Agreement and at
the date of issuance of the Shares and agrees that they shall survive the
purchase by the Subscriber of the Shares.

     

    Representations and
Warranties of the Company

     

    The Company
represents and warrants that:

     

    
      	
              (a)  

            	
              the Company
      is a valid and subsisting corporation duly incorporated and in good
      standing under the laws of the jurisdiction in which it is
      incorporated;

            

    

     

    
      	
              (b)  

            	
              the Company
      is duly registered and licensed to carry on business in the jurisdictions
      in which it carries on business or owns property where required under the
      laws of those jurisdictions;

            

    

     

    
      	
              (c)  

            	
              the Company
      will reserve or set aside sufficient shares in its treasury to issue the
      Shares and any shares of common stock resulting from exercising the
      Warrants;

            

    

     

    
      	
              (d)  

            	
              the issue and
      sale of the Shares by the Company does not and will not conflict with, and
      does not and will not result in a breach of, any of the terms of the
      Company’s incorporating documents or any agreement or instrument to which
      the Company is a party; and

            

    

     

    
      	
              (e)  

            	
              this
      Agreement has been or will be by the Closing, duly authorized by all
      necessary corporate action on the part of the Company, and the Company has
      full corporate power and authority to undertake the
    offering.

            

    

     

    
      	
              3  

            	
              Indemnity

            

    

     

    The Subscriber
agrees to indemnify and hold harmless the Company and its directors, officers,
employees, agents, advisers and shareholders from and against any and all loss,
liability, claim, damage and expense whatsoever including, but not limited to,
any and all fees, costs and expenses whatsoever reasonably incurred in
investigating, preparing or defending against any litigation, administrative
proceeding or investigation commenced or threatened or any claim whatsoever
arising out of or based upon any representation or warranty of the Subscriber
contained herein or in any document furnished by the Subscriber to the Company
in connection herewith being untrue in any material respect or any breach
or failure by the Subscriber to comply with any covenant or agreement made
by the Subscriber herein or in any document furnished by the Subscriber to the
Company in connection herewith.

     

    Costs

     

    The Subscriber
acknowledges and agrees that all costs and expenses incurred by the Subscriber,
including any fees and disbursements of any advisor retained by the Subscriber
relating to the purchase of the Shares, shall be borne by the
Subscriber.

     

    Survival

     

    The
representations, warranties, covenants, acknowledgements and agreements
contained in this Agreement shall survive the Closing and will continue in full
force and effect and be binding upon the Subscriber notwithstanding any
subsequent disposition by the Subscriber of the Shares.

     

     

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

     

    Enurement

     

    This Agreement will
enure to the benefit of and be binding upon the Subscriber and the Company and
their respective heirs, administrators, representatives, successors and
permitted assigns.

     

    Assignment

     

    This Agreement is
not transferable or assignable.

     

    Amendment

     

    This Agreement may
only be amended with the written consent of the Subscriber and the
Company.

     

    Counterparts

     

    This Agreement may
be executed in as many counterparts as may be necessary and by facsimile, each
of such counterparts so executed will be deemed to be an original and such
counterparts together will constitute one and the same instrument.

     

    11ex10-2.htm

    SHARE
CANCELLATION AGREEMENT

    

    THIS AGREEMENT is dated for reference
the 6th day of
July, 2009.

    

    

    BETWEEN:

    

    Protecwerx
Inc. 

                                (the “Company”)

    

    AND:

    

    Jerry
Boyd                                                                                     

                                (the “Shareholder”)

    

    

    WHEREAS:

    

    
      	
              A.

            	
              The
      Shareholder is the registered and beneficial owner of 30,000,000 shares of
      the Company’s common stock (the “Shares”);
      and

            

    

    

    
      	
              B.

            	
              The Company
      and the Shareholder recognize that cancelling of a portion of the Shares
      will have a positive effect on the Company’s ability to secure a business
      combination.

            

    

    

    NOW THEREFORE, in
consideration of the mutual promises set forth below and other good and valuable
consideration, the receipt and sufficiency of which is hereby acknowledged, the
Company and the Shareholder agree as follows:

    

    Surrender

    

    
      	
              1.

            	
              The
      Shareholder shall return 23,000,000 of the Shares (the “Surrendered Shares”) to
      the treasury of the Company and deliver to the Company share certificates
      representing the Surrendered
Shares.

            

    

    

    
      	
               
      

            	
              Retirement

            

    

    

    
      	
              2.

            	
              The Company
      shall forthwith retire the Surrendered Shares pursuant to §78.283 of
      Chapter 78 of the Nevada Revised
Statutes.

            

    

    

    
      	
               
      

            	
              Representations
      and Warranties

            

    

    

    
      	
              3.

            	
              The
      Shareholder represents and warrants to the Company
  that:

            

    

    

    
      	
               
      

            	
              a.

            	
              he is the
      owner of the Surrendered Shares;

            

    

    

    
      	
               
      

            	
              b.

            	
              he has good
      and marketable title to the Surrendered Shares;
  and

            

    

    

    
      	
               
      

            	
              c.

            	
              the
      Surrendered Shares are free and clear of all liens, security interests or
      pledges of any kind whatsoever.

            

    

     

    
      
        
        

      

      
        1

        
          

        

      

      
        
        

      

    

     

     

    
      	
              4.

            	
              The Company
      has obtained legal advice concerning this Agreement and has requested that
      the Shareholder obtain independent legal advice with respect to same
      before executing this Agreement.  In executing this Agreement,
      the Shareholder represents and warrants to the Company that he has been
      advised to obtain independent legal advice, and that prior to the
      execution of this Agreement he has obtained independent legal advice or
      has, in his discretion, knowingly and willingly elected not to do
      so.

            

    

    

    
      	
               
      

            	
              General

            

    

    

    
      	
              5.

            	
              Each party
      shall execute and deliver such further and other documents and do and
      perform such further and other acts as the other party may reasonably
      require to carry out and give effect to the terms and intentions of this
      Agreement.

            

    

    

    
      	
              6.

            	
              Time is
      expressly declared to be of the essence in this
  Agreement.

            

    

    

    
      	
              7.

            	
              This
      Agreement shall enure to the benefit of and be binding upon the parties
      hereto and their respective heirs, executors, administrators, successors
      and permitted assigns.

            

    

    

    
      	
              8.

            	
              This
      Agreement is not assignable without the prior written consent of the
      parties hereto.

            

    

    

    
      	
              9.

            	
              This
      Agreement may be executed in counterparts, each of which shall be deemed
      to be an original and all of which shall together constitute one and the
      same Agreement.  The delivery of executed copies of this
      Agreement by fax shall constitute proper delivery, provided that
      originally executed counterparts are delivered to the parties within a
      reasonable time thereafter.

            

    

    

    

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

     

    
    

     

    
      	
              Protecwerx
      Inc.                                                                                                

               

              Per:
      /s/
      Darrin Zinger 
                                                            

              Darrin
      Zinger

              President and
      CEO

            	
              Jerry
      Boyd

               

              /s/ Jerry Boyd

            

    

     

    2

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