Document:

EQUITY EXCHANGE AGREEMENT,
dated as of December 31,
2010 (the “Agreement”), among
VINYL PRODUCTS, INC., a
Nevada corporation (“VPI”), BRACKIN O’CONNOR LLC, an
Arizona limited liability company (the “Company”), and THE MEMBERS OF THE COMPANY
IDENTIFIED IN SCHEDULE A HERETO (the “Company
Members”).

    

    WHEREAS the Company Members
are owners of 100% of the issued and outstanding membership interests in the
Company (the “Company
Interests”); and

    

    WHEREAS VPI desires to acquire
the Company Interests in exchange for an aggregate of 20,000,000 authorized, but
unissued, shares of Common Stock, par value $0.0001 per share, of VPI (the
“VPI Shares”),
and the Company Members desire to exchange the Company Interests for the VPI
Shares; and

    

    WHEREAS, prior to the date
hereof, the board of directors of VPI and the Company Members have, approved and
adopted this Agreement; and

    

    WHEREAS, simultaneously with
the execution and delivery hereof, Garabed Khatchoyan and
Gordon Knott (collectively, the “VFC Buyers”), and VPI
are executing and delivering the Stock Purchase Agreement, dated as of the date
hereof, pursuant to which VPI will, among other things, sell to the VFC Buyers
of all of the outstanding capital stock of The Vinyl Fence Company, Inc., a
California corporation (“VFC”) and VFC
Franchise Corp., a California corporation (“VFC Franchise” in
exchange for (a)  20,000,000 shares of Common Stock of VPI, and (b)
the assumption by the VFC Buyers of all of the liabilities of VPI relating to
periods prior to the Closing (as defined below), other than liabilities of the
Company.

    

    NOW, THEREFORE, in
consideration of the premises and mutual representations, warranties and
covenants herein contained, the parties hereby agree as follows:

    

    ARTICLE
I

    DEFINITIONS

     

    Section
1.01    Definitions.

     

    (a)  The
following terms, as used herein, have the following meanings:

     

    “Lien” means, with
respect to any asset, any mortgage, lien, pledge, charge, security interest or
encumbrance of any kind in respect of such asset.

     

     “Person” means an
individual, a corporation, a partnership, an association, a trust or other
entity or organization, including a government or political subdivision or an
agency or instrumentality thereof.

     

    "Taxes" means all
taxes, assessments and governmental charges imposed by any federal, state,
county, local or foreign government, taxing authority, subdivision or agency
thereof, including interest, penalties or additions thereto.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    (b)  Each
of the following terms is defined in the Section set forth opposite such
term:

     

    
      
        
          
            	
                    Term

                  	 	
                    Section

                  
	
                    Closing

                  	 	
                    2.02

                  
	
                    Commission
      Documents

                  	 	
                    3.06

                  
	
                    Company

                  	 	
                    Recitals

                  
	
                    Company
      Interests

                  	 	
                    Recitals

                  
	
                    Company
      Members

                  	 	
                    Recitals

                  
	
                    Governmental
      Entity

                  	 	
                    3.04

                  
	
                    Material
      Adverse Effect

                  	 	
                    3.01

                  
	
                    Post-Closing
      Filings

                  	 	
                    6.04(b)

                  
	
                    Securities
      Act

                  	 	
                    2.02

                  
	
                    VFC

                  	 	
                    Recitals

                  
	
                    VFC
      Franchise

                  	 	
                    Recitals

                  
	
                    VPI

                  	 	
                    Recitals

                  
	
                    VPI
      Balance Sheet

                  	 	
                    3.08

                  
	
                    VPI
      Common Stock

                  	 	
                    3.02

                  
	
                    VPI
      Shares

                  	 	
                    Recitals

                  

          

        

      

    

     

    ARTICLE
2

    ACQUISITION
AND EXCHANGE

    

    Section
2.01   Exchange
of Equity.  Upon the terms
and subject to the conditions of this Agreement, VPI will acquire the Company
Interests in exchange for the VPI Shares at the Closing.

    

    Section
2.02   Closing.  The closing (the
“Closing”) of
the acquisition of the Company Interests hereunder shall take place at the
offices of the Company in San Juan Capistrano, California as soon as possible,
but in no event later than three business days, after the satisfaction of the
conditions set forth in Article VII, or at such other time or place as VPI and
the Company may agree.  At the Closing,

    

    (a)  VPI
will deliver to the Company Members or their designees, stock certificates
representing the VPI Shares in accordance with Schedule A
hereto.

    

    (b) The
Company Members will assign and deliver to VPI, the Company Interests, so as to
make VPI the holder thereof, free and clear of all Liens.

    

    All VPI
Shares to be issued hereunder shall be deemed “restricted securities” as
defined in paragraph (a) of Rule 144 under the Securities Act of 1933, as
amended (the “Securities
Act”).  All VPI Shares to be issued under the terms of this
Agreement shall be issued pursuant to an exemption from the registration
requirements of the Securities Act, under Section 4(2) of the Securities Act and
the rules and regulations promulgated thereunder.  Certificates
representing the VPI Shares to be issued hereunder shall bear a restrictive
legend in substantially the following form:

     

    
      
         

      

      
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    The
shares represented by this certificate have not been registered under the
Securities Act of 1933, as amended, and may not be offered for sale, sold, or
otherwise disposed of, except in compliance with the registration provisions of
such Act or pursuant to an exemption from such registration provisions, the
availability of which is to be established to the satisfaction of the
Company.

    

    ARTICLE
III

    REPRESENTATIONS
AND WARRANTIES OF VPI

    

    VPI
hereby represents and warrants to the Company and the Company Members
that:   

    

    Section
3.01   Organization.  VPI
is a corporation duly organized, validly existing and in good standing under the
laws of the jurisdiction of its incorporation and has all requisite power and
authority to own, lease and operate its properties and to carry on its business
as now being conducted.  VPI is duly qualified or licensed and in good
standing to do business in each jurisdiction in which the property owned, leased
or operated by it or the nature of the business conducted by it makes such
qualification or licensing necessary, except in such jurisdictions where the
failure to be so duly qualified or licensed and in good standing would not in
the aggregate have a material adverse effect on the business, operations or
financial condition (a “Material Adverse
Effect”) on VPI.  VPI has heretofore delivered to the Company
accurate and complete copies of the Articles of Incorporation and Bylaws, as
currently in effect, of VPI.

     

    Section
3.02    Capitalization.

     

    (a)  The
authorized capital stock of VPI consists of (i) 100,000,000 shares of common
stock, par value $.0001 per share (“VPI Common Stock”),
of which, as of the date hereof, 20,064,000 were issued and outstanding and (ii)
10,000,000 shares of preferred stock, par value $.0001 per share, of which, as
of the date hereof, none were issued and outstanding.  All the issued
and outstanding shares of VPI Common Stock are validly issued, fully paid and
nonassessable and free of preemptive rights.  Except as set forth
above, there are not now, and at the Closing Date there will not be, any shares
of capital stock (or securities substantially equivalent to capital stock) of
VPI issued or outstanding or any subscriptions, options, warrants, calls,
rights, convertible securities or other agreements or commitments of any
character obligating VPI to issue, transfer or sell any of its
securities.

     

    (b)  Other
than VFC and VFC Franchise, VPI does not own, directly or indirectly, any
capital stock or other equity securities of any corporation or have any direct
or indirect equity or ownership interest in any business.

     

    Section
3.03    Corporate
Authorization.  The execution, delivery and performance by VPI
of this Agreement and the consummation by VPI of the transactions contemplated
hereby are within VPI’s corporate powers and have been duly authorized by all
necessary corporate action of VPI.  This Agreement has been duly and
validly executed and delivered by VPI and constitutes a valid and binding
agreement of VPI, enforceable against VPI in accordance with its
terms.

     

    
      
         

      

      
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    Section
3.04    Governmental
Authorization; Consents.

     

    (a)  The
execution, delivery and performance by VPI of this Agreement require no action
by or in respect of, or filing with, any governmental body, agency, official or
authority (a “Governmental
Entity”).

     

    (b)  No
consent, approval, waiver or other action by an Person (other than any
Governmental Entity referred to in (a) above) under any contract, agreement,
indenture, lease, instrument, or other document to which VPI is a party or by
which either of them is bound is required or necessary for the execution,
delivery and performance of this Agreement by VPI or the consummation of the
transactions contemplated hereby.

     

    Section
3.05   Non-Contravention.  The
execution, delivery and performance by VPI of this Agreement do not and will not
(i) contravene or conflict with the articles of incorporation or bylaws of VPI,
(ii) contravene or conflict with or constitute a violation of any provision of
any law, regulation, judgment, injunction, order or decree binding upon or
applicable to VPI; (iii) constitute a default under or give rise to any right of
termination, cancellation or acceleration of any right or obligation of VPI or
to a loss of any benefit to which VPI is entitled under any provision of any
agreement, contract, or other instrument binding upon VPI or any license,
franchise, permit or other similar authorization held by VPI or (iv) result in
the creation or imposition of any Lien on any asset of VPI.

     

    Section 3.06  Commission
Documents, Financial Statements.  The Common Stock
of VPI is registered pursuant to Section 12(b) or 12(g) of the Securities
Exchange Act of 1934, as amended (the “Exchange Act”), and
VPI has timely filedall reports, schedules, forms, statements and other
documents required to be filed by it with the Commission since November 20, 2008
(the date on which VPI, formerly Red Oak Concepts, Inc., acquired all of the
outstanding shares of common stock of VFC through a reverse merger) pursuant to
the reporting requirements of the Exchange Act (all of the foregoing including
filings incorporated by reference therein being referred to herein as the “Commission
Documents”).  At the times of their respective filings, based
on the knowledge of the president and the chief financial officer of VPI, the
Form 10-Q for the fiscal quarter ended September 30, 2010 (the “Form 10-Q”) and the
Form 10-K for the fiscal year ended December 31, 2009, as amended (the “Form 10-K”) complied
in all material respects with the requirements of the Exchange Act and the rules
and regulations of the Commission promulgated thereunder, and the Form 10-Q and
Form 10-K did not contain any untrue statement of a material fact or omit to
state a material fact required to be stated therein or necessary in order to
make the statements therein, in light of the circumstances under which they were
made, not misleading.  As of their respective dates, the financial
statements of VPI included in the Commission Documents complied as to form in
all material respects with applicable accounting requirements and the published
rules and regulations of the Commission.  Such financial statements
have been prepared in accordance with generally accepted accounting principles
applied on a consistent basis during the periods involved (except (i) as may be
otherwise indicated in such financial statements or the notes thereto or (ii) in
the case of unaudited interim statements, to the extent they may not include
footnotes or may be condensed or summary statements), and fairly present in all
material respects the financial position of VPI and its subsidiaries as of the
dates thereof and the results of operations and cash flows for the periods then
ended (subject, in the case of unaudited statements, to normal year-end audit
adjustments).

     

    
      
         

      

      
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    Section 3.07   Absence
of Certain Changes.  Since September 30, 2010, except as
disclosed in the Commission Documents or on Section 3.07 of the
VPI Disclosure Schedule, VPI has conducted its business in the ordinary course
consistent with past practices and there has not been any material adverse
change in the business, operations, properties, prospects or financial condition
of VPI and its subsidiaries, taken as a whole.

     

    Section
3.08    No
Undisclosed Liabilities.  There are no material liabilities of
VPI of any kind whatsoever, whether accrued, contingent, absolute, determined,
determinable or otherwise, and there is no existing condition, situation or set
of circumstances which could reasonably be expected to result in such a
liability, other than:

     

    (a)  Liabilities
disclosed or provided for in the unaudited balance sheet of VPI as of September
30, 2010 (the “VPI
Balance Sheet”) previously delivered to the Company;

     

    (b)  Liabilities
incurred in the ordinary course of business consistent with past practice since
the VPI Balance Sheet Date, which in the aggregate are not material to VPI;
and

     

    (c)  Liabilities
not required under generally accepted accounting principles to be shown on the
VPI Balance Sheet for reasons other than the contingent nature thereof or the
difficulty of determining the amount thereof.

     

    Section
3.09    Properties. Except for the capital
stock of VFC and VFC Franchise and the property and assets set forth in Section 3.09 of the
VPI Disclosure Schedule, VPI does not own, lease  or otherwise hold
any property and assets (whether real or personal, tangible or
intangible).

     

    Section 3.10   Contracts
and Commitments.   Except for agreements, contracts,
plans, leases, arrangements or commitments set forth in Section 3.10 of the
VPI Disclosure Schedule, VPI is not a party to or subject to any agreement, contract, plan,
lease, arrangement or commitment that provides for monetary obligations to VPI
in excess of $25,000 per year.

     

    Section 3.11   Litigation.  Except
as disclosed in Section 3.11 of the
VPI Disclosure Schedule, there is no action, suit, investigation, proceeding,
review pending against, or to the knowledge of VPI threatened against or
affecting, VPI or any of its properties before any court or arbitrator or any
Governmental Entity which, in the aggregate, are reasonably likely to have a
Material Adverse Effect of VPI or materially delay the transactions contemplated
hereby.

     

    Section 3.12   Compliance
with Laws.  Not applicable, as VPI is not an operatinig
company] The business of VPI is not being conducted in violation of any
applicable law, ordinance, rule, regulation, decree or order of any Governmental
Entity, except for violations which in the aggregate do not and would not
reasonably be expected to have a Material Adverse Effect of VPI.

     

    
      
         

      

      
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    Section 3.13   Taxes.  Except
as set forth in Section 3.13 of the
VPI Disclosure Schedule, VPI has duly filed all material federal, state, local
and foreign tax returns required to be filed by it with respect to fiscal years
2008 and 2009, and VPI has duly paid, caused to be paid or made adequate
provision for the payment of all Taxes required to be paid in respect of the
periods covered by such returns and has made adequate provision for payment of
all Taxes anticipated to be payable in respect of all calendar periods since the
periods covered by such returns.  All deficiencies and assessments
asserted as a result of IRS examinations or other audits by federal, state,
local or foreign taxing authorities have been paid, fully settled or adequately
provided for in the financial statements of VPI, and no issue or claim has been
asserted for Taxes by any taxing authority for any prior period, the adverse
determination of which would result in a deficiency which would have a Material
Adverse Effect of VPI, other than those heretofore paid or provided
for.  Except as set forth in Section 3.13 of the
VPI Disclosure Schedule, there are no outstanding agreements or waivers
extending the statutory period of limitation applicable to any federal or
foreign income tax return of VPI or its subsidiaries.

     

    Section 3.14  Finders’
Fees.  There is no investment banker, broker, finder or other
intermediary which has been retained by or is authorized to act on behalf of VPI
who might be entitled to any fee or commission from the Company, VPI or any of
their respective affiliates upon consummation of the transactions contemplated
by this Agreement.

     

    Section 3.15  Employees.  Except as set
forth in Section 3.15 of the VPI Disclosure Schedule, VPI does not (a) have any
employees, or (b) have, or contribute to, any pension, profit-sharing, option,
other incentive plan, or any other type of Employee Benefit Plan (as defined in
Section 3(3) of the Employee Retirement Income Security Act of 1974, as
amended), or (c) have any obligation to or customary arrangement with former
employees for bonuses, incentive compensation, vacations, severance pay, sick
pay, sick leave, insurance, service award, relocation, disability, tuition
refund, or other benefits, whether oral or written.

    

    Section 3.16  Questionable
Payments.  Neither VPI, nor any director, officer, agent,
employee, or other person associated with, or acting on behalf of, VPI, nor any
stockholder of VPI has, directly or indirectly:  used any corporate
funds for unlawful contributions, gifts, entertainment, or other unlawful
expenses relating to political activity; made any unlawful payment to foreign or
domestic government officials or employees or to foreign or domestic political
parties or campaigns from corporate funds; violated any provision of the Foreign
Corrupt Practices Act of 1977, as amended; or made any bribe, rebate, payoff,
influence payment, kickback, or other unlawful payment.

    

    Section 3.17  Validity
of VPI Shares to be Issued.   The shares of VPI Shares to
be issued at the Closing are validly authorized and, when the such VPI Shares
have been duly delivered pursuant to the terms of this Agreement, such VPI
Shares will be validly issued, fully paid, and nonassessable and will not have
been issued, owned or held in violation of any preemptive or similar right of
stockholder.

    

     Section 3.18  Completeness
of Disclosure.  No representation or warranty by VPI in this
Agreement contains or, and at the Closing Date will contain, an untrue statement
of material fact or omits or, at the Closing Date, will omit to state a material
fact required to be stated therein or necessary to make the statements made not
misleading.

     

    
      
         

      

      
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    ARTICLE
IV

    REPRESENTATIONS
AND WARRANTIES OF THE COMPANY

    

    The
Company hereby represents and warrants to VPI that:

    

    Section
4.01    Organization.  The
Company is duly organized, validly existing and in good standing under the laws
of the jurisdiction of its organization and has all requisite power and
authority to own, lease and operate its properties and to carry on its business
as now being conducted.  The Company is duly qualified or licensed and
in good standing to do business in each jurisdiction in which the property
owned, leased or operated by it or the nature of the business conducted by it
makes such qualification or licensing necessary, except in such jurisdictions
where the failure to be so duly qualified or licensed and in good standing would
not in the aggregate have a Material Adverse Effect on the
Company.  The Company has heretofore delivered to VPI accurate and
complete copies of the organizational documents, as currently in effect, of the
Company.

     

    Section
4.02    Capitalization.

     

    (a)  Except
for the Company Interests, there are not now, and at the Closing Date there will
not be, any equity interests of the Company issued or outstanding or any
subscriptions, options, warrants, calls, rights, convertible securities or other
agreements or commitments of any character obligating the Company to issue,
transfer or sell any of its equity interests.

     

    (b)  The
Company does not own, directly or indirectly, any capital stock or other equity
securities of any corporation or have any direct or indirect equity or ownership
interest in any business.

     

    Section
4.03    Authorization.  The
execution, delivery and performance by the Company of this Agreement and the
consummation by the Company of the transactions contemplated hereby are within
the Company’s organizational powers and have been duly authorized by all
necessary action of the Company.  This Agreement has been duly and
validly executed and delivered by the Company and constitutes a valid and
binding agreement of the Company, enforceable against the Company in accordance
with its terms.

     

    Section
4.04    Governmental
Authorization; Consents.

     

    (a)  The
execution, delivery and performance by the Company of this Agreement require no
action by or in respect of, or filing with, any Governmental
Entity.

     

    (b)  No
consent, approval, waiver or other action by an Person (other than any
Governmental Entity referred to in (a) above) under any contract, agreement,
indenture, lease, instrument, or other document to which the Company is a party
or by which either of them is bound is required or necessary for the execution,
delivery and performance of this Agreement by the Company or the consummation of
the transactions contemplated hereby.

     

    
      
         

      

      
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    Section
4.05   Non-Contravention.  The
execution, delivery and performance by the Company of this Agreement do not and
will not (i) contravene or conflict with the organizational documents of the
Company, (ii) contravene or conflict with or constitute a violation of any
provision of any law, regulation, judgment, injunction, order or decree binding
upon or applicable to the Company; (iii) constitute a default under or give rise
to any right of termination, cancellation or acceleration of any right or
obligation of the Company or to a loss of any benefit to which the Company is
entitled under any provision of any agreement, contract, or other instrument
binding upon the company or any license, franchise, permit or other similar
authorization held by the Company or (iv) result in the creation or imposition
of any Lien on any asset of the Company.

     

    Section
4.06   No
Undisclosed Liabilities.  To the knowledge of the Company,
there are no material liabilities of the Company of any kind whatsoever, whether
accrued, contingent, absolute, determined, determinable or otherwise, and there
is no existing condition, situation or set of circumstances which could
reasonably be expected to result in such a liability, other than:

     

     (a)  Liabilities
incurred in the ordinary course of business, which in the aggregate are not
material to the Company; and

     

    (b)  Liabilities
not required under generally accepted accounting principles to be shown on a
balance sheet for reasons other than the contingent nature thereof or the
difficulty of determining the amount thereof.

     

    Section
4.07   Properties. Except for the property
and assets set forth in Section 4.07 of the
Company Disclosure Schedule, the Company does not own, lease  or
otherwise hold any property and assets (whether real or personal, tangible or
intangible).

     

    Section 4.08   Contracts
and Commitments.
The Company is not a party to or subject to any agreement, contract, plan,
lease, arrangement and commitment.

     

    Section 4.09   Litigation. There is no action, suit,
investigation, proceeding, review pending against, or to the knowledge of the
Company threatened against or affecting, the Company or any of its properties
before any court or arbitrator or any Governmental Entity which, in the
aggregate, are reasonably likely to have a Material Adverse Effect of the
company or materially delay the transactions contemplated hereby.

     

    Section 4.10   Compliance
with Laws; No Defaults.  The business of the Company is not
being conducted in violation of any applicable law, ordinance, rule, regulation,
decree or order of any Governmental Entity, except for violations which in the
aggregate do not and would not reasonably be expected to have a Material Adverse
Effect of the Company.

     

    Section 4.11   Taxes.  The Company has
duly filed all material federal, state, local and foreign tax returns required
to be filed by it with respect to fiscal year 2009 and 2008, and the Company has
duly paid, caused to be paid or made adequate provision for the payment of all
Taxes required to be paid in respect of the periods covered by such returns and
has made adequate provision for payment of all Taxes anticipated to be payable
in respect of all calendar periods since the periods covered by such
returns.  All deficiencies and assessments asserted as a result of
such examinations or other audits by federal, state, local or foreign taxing
authorities have been paid, fully settled or adequately provided for in the
financial statements of the Company, and no issue or claim has been asserted for
Taxes by any taxing authority for any prior period, the adverse determination of
which would result in a deficiency which would have a Material Adverse Effect of
the Company, other than those heretofore paid or provided forThere are no
outstanding agreements or waivers extending the statutory period of limitation
applicable to any federal or foreign income tax return of the
Company.

     

    
      
         

      

      
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    Section 4.12   Finders’
Fees.  There is no investment banker, broker, finder or other
intermediary which has been retained by or is authorized to act on behalf of the
Company who might be entitled to any fee or commission from the Company, VPI or
any of their respective affiliates upon consummation of the transactions
contemplated by this Agreement.

     

    Section 4.13   Employees.
The Company does not (a) have any employees, or (b) have, or contribute to, any
pension, profit-sharing, option, other incentive plan, or any other type of
Employee Benefit Plan (as defined in Section 3(3) of the Employee Retirement
Income Security Act of 1974, as amended), or (c) have any obligation to or
customary arrangement with former employees for bonuses, incentive compensation,
vacations, severance pay, sick pay, sick leave, insurance, service award,
relocation, disability, tuition refund, or other benefits, whether oral or
written.

    

    Section 4.14  Questionable
Payments.  Neither the Company, nor any director, officer,
agent, employee, or other person associated with, or acting on behalf of, the
Company, nor any Company Member has, directly or indirectly:  used any
corporate funds for unlawful contributions, gifts, entertainment, or other
unlawful expenses relating to political activity; made any unlawful payment to
foreign or domestic government officials or employees or to foreign or domestic
political parties or campaigns from corporate funds; violated any provision of
the Foreign Corrupt Practices Act of 1977, as amended; or made any bribe,
rebate, payoff, influence payment, kickback, or other unlawful
payment.

    

     Section 4.15  Completeness
of Disclosure.  No representation or warranty by the Company in
this Agreement contains or, and at the Closing Date will contain, an untrue
statement of material fact or omits or, at the Closing Date, will omit to state
a material fact required to be stated therein or necessary to make the
statements made not misleading.

    

    ARTICLE
V

    REPRESENTATIONS
AND WARRANTIES OF COMPANY MEMBERS

    

    The
Company Members hereby represent and warrant to VPI that:

    

    Section
5.01    Authority.  The
Company Members have approved this Agreement and duly authorized the execution
and delivery hereof.  The Company Members have full power and
authority to execute, deliver, and perform this Agreement and the transactions
contemplated hereby and in connection herewith.

    

    Section
5.02    Ownership
of Company Interests.  The Company Members own beneficially all
of the Company Interests.  The Company Members have full power and
authority to transfer the Company Interests to VPI under, pursuant to, and in
accordance with, this Agreement, and such shares are free and clear of any Liens
and such shares are not subject to any claims as to the ownership thereof, or
any rights, powers or interest therein, by any third party and are not subject
to any preemptive or similar rights of stockholders.

    

    
      
         

      

      
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    Section
5.04    Investment Representations
and Covenants.

    

    (i)       The
Company Members represent that they are acquiring the VPI Shares for their own
accounts and for investment only and not with a view to distribution or resale
thereof within the meaning of such phrase as defined under the Securities
Act.  The Company Members shall not dispose of any part or all of such
VPI Shares in violation of the provisions of the Securities Act and the rules
and regulations promulgated under the Securities Act by the Securities and
Exchange Commission and all applicable provisions of state securities laws and
regulations.

    

    (ii)      The
certificate or certificates representing the shares of VPI Shares shall bear a
legend in substantially the form set forth in Section 2.02 hereof.

    

    (iii)     The
Company Members acknowledge being informed that the VPI Shares shall be
unregistered, shall be “restricted securities” as
defined in paragraph (a) of Rule 144 under the Securities Act, and must be held
indefinitely unless (a) they are subsequently registered under the
Securities Act, or (b) an exemption from such registration is
available.  The Company Members further acknowledge that VPI does not
have an obligation to currently register such securities for the account of
Company Members.

    

    (iv)     The
Company Members acknowledge that they have been afforded access to all material
information which they have requested relevant to their decision to acquire the
VPI Shares and to ask questions of VPI’s management and that, except as set
forth herein, neither VPI nor anyone acting on behalf of VPI has made any
representations or warranties to the Company Members which have induced,
persuaded, or stimulated the Company Members to acquire such VPI
Shares.

    

    (v)    
 Either alone, or together with their investment advisor(s), the Company
Members have the knowledge and experience in financial and business matters to
be capable of evaluating the merits and risks of the prospective investment in
the VPI Shares, and the Company Members are and will be able to bear the
economic risk of the investment in such VPI Shares.

    

    ARTICLE
VI

    COVENANTS

    

    Section
6.01   Covenants
of VPI.  VPI agrees that:

     

    (a)   Conduct
of VPI.  During the period from the date of this Agreement and
continuing until the Closing Date, VPI shall conduct its business in the
ordinary course consistent with past practices and use its best efforts to
preserve intact its business organizations and relationships with third parties
and to keep available the services of its present officers and
employees.  Without limiting the generality of the foregoing, from the
date hereof until the Closing Date, VPI will not:

     

    (i)  Adopt
or propose any change in its certificate of incorporation or bylaws, except for
those bylaw amendments contemplated by this Agreement and the related
transactions;

     

    
      
         

      

      
        -10-

        
          

        

      

      
         

      

    

     

    (ii)  Merge
or consolidate with any other Person or acquire a material amount of assets of
any other Person;

     

    (iii)  Pay,
discharge or satisfy any claims, liabilities or obligations (absolute, accrued,
asserted or unasserted, contingent or otherwise), other than (i) the payment,
discharge or satisfaction in the ordinary course of business consistent with
past practice or in accordance with their terms, of liabilities reflected or
reserved against in, or contemplated by, the VPI Balance Sheet (or the notes
thereto) or incurred in the ordinary course of business consistent with past
practice, or (ii) payments made in accordance with Settlement Agreements, if
any, that have been listed on the VPI Disclosure Schedule;

     

    (iv)
Except as expressly permitted by this Agreement, sell, lease, license or
otherwise dispose of any material assets or properties except (A) pursuant to
existing contracts or commitments and (B) in the ordinary course of business
consistent with past practice; or

     

    (v)  Agree
or commit to do any of the foregoing.

     

    VPI will
not (i) take or agree or commit to take any action that would make any
representation and warranty of VPI inaccurate in any respect at, or as of any
time prior to, the Closing Date, (ii) omit or agree or commit to omit to take
any action necessary to prevent any such representation or warranty from being
inaccurate in any respect at any such time, or (iii) make any agreement or reach
any understanding not approved in writing by VPI as a condition for obtaining
any consent, authorization, approval, order, license, certificate, or permit
required for the consummation of the transactions contemplated by this
Agreement.

     

    (b)  Board of
Directors of VPI.   Effective at the Closing, the Board of
Directors of VPI shall take all required corporate action to cause the Board of
Directors of VPI to consist of four members and to appoint Doug Brackin and
Keith Moore as additional members of the Board of Directors.

     

     (c)  Access to
Information.  Upon reasonable notice and subject to
restrictions contained in confidentiality agreements to which such party is
subject (from which such party shall use reasonable efforts to be released), VPI
shall afford to the officers, employees, accountants, counsel and other
representatives of the Company, access, during normal business hours during the
period prior to the Closing, to all of VPI’s properties, books, contracts,
commitments and records and, during such period, VPI shall furnish promptly to
the other all information concerning the Company’s business, properties and
personnel as the Company may reasonably request.  

     

    
      
         

      

      
        -11-

        
          

        

      

      
         

      

    

     

    (d)   Confidentiality.  Prior
to the Closing Date and after any termination of this Agreement, VPI and its
affiliates will hold, an will use best efforts to cause their respective
officers, directors, employees, accountants, counsel, consultants, advisors and
agents to hold, in confidence, unless compelled to disclose by judicial or
administrative process or by other requirements of law, all confidential
documents and information concerning the Company furnished to VPI or its
affiliates in connection with the transaction contemplated by this Agreement,
except to the extent that such information can be shown to have been (i)
previously known on a nonconfidential basis by VPI, (ii) in the public domain
through no fault of VPI or (iii) later lawfully acquired by VPI from sources
other than the Company or the Company Members; provided that VPI may
disclose such information to its officers, directors, employees, accountants,
counsel, consultants, advisors and agents in connection with the transactions
contemplated by this Agreement so long as such Persons are informed by VPI of
the confidential nature of such information and are directed by VPI to treat
such information confidentially.  The obligation of VPI and its
affiliates to hold such information in confidence shall be satisfied if they
exercise the same care with respect to such information as they would take to
preserve the confidentiality of their own similar information.  If
this Agreement is terminated, VPI and its affiliates will, and will use best
efforts to cause their respective officers, directors, employees, accountants,
counsel, consultants, advisors and agents to, destroy or deliver to the Company,
upon request, all documents and other materials, and all copies thereof,
obtained by VPI and its affiliates or on their behalf from the Company or the
Company Members in connection with this Agreement that are subject to such
confidence.

     

    Section 6.02  Covenants
of the Company.  The Company agrees that:

     

    (a)   Conduct
of the Company.  During the period from the date of this
Agreement and continuing until the Closing Date, the Company shall conduct its
business in the ordinary course consistent with past practices and to use its
best efforts to preserve intact its business organizations and relationships
with third parties and to keep available the services of its present officers
and employees.  Without limiting the generality of the foregoing, from
the date hereof until the Closing Date, the Company will not:

     

    (i)  Adopt
or propose any change in its articles of organization;

     

    (ii)  Merge
or consolidate with any other Person or acquire a material amount of assets of
any other Person;

     

    (iii)  Pay,
discharge or satisfy any claims, liabilities or obligations (absolute, accrued,
asserted or unasserted, contingent or otherwise), other than the payment,
discharge or satisfaction in the ordinary course of business consistent with
past practice or in accordance with their terms, of incurred in the ordinary
course of business consistent with past practice;

     

    (iv)
Except as expressly permitted by this Agreement, sell, lease, license or
otherwise dispose of any material assets or properties except (A) pursuant to
existing contracts or commitments and (B) in the ordinary course of business
consistent with past practice; or

     

    (v)  Agree
or commit to do any of the foregoing.

     

    The
Company will not (i) take or agree or commit to take any action that would make
any representation and warranty of the Company inaccurate in any respect at, or
as of any time prior to, the Closing Date, (ii) omit or agree or commit to omit
to take any action necessary to prevent any such representation or warranty from
being inaccurate in any respect at any such time or (iii) make any agreement or
reach any understanding not approved in writing by VPI as a condition for
obtaining any consent, authorization, approval, order, license, certificate, or
permit required for the consummation of the transactions contemplated by this
Agreement.

     

    
      
         

      

      
        -12-

        
          

        

      

      
         

      

    

     

    (b)  Access to
Information.  Upon reasonable notice and subject to
restrictions contained in confidentiality agreements to which such party is
subject (from which such party shall use reasonable efforts to be released), the
company shall afford to the officers, employees, accountants, counsel and other
representatives of VPI, access, during normal business hours during the period
prior to the Closing, to all of the Company’s properties, books, contracts,
commitments and records and, during such period, the Company shall furnish
promptly to the other all information concerning the Company’s business,
properties and personnel as VPI may reasonably request, in each case, to the
extent necessary to permit VPI to determine any matter relating to its rights
and obligations hereunder or to any period ending on or before the Closing
Date.

     

    (c)  Confidentiality.  Prior
to the Closing Date and after any termination of this Agreement, the Company and
its affiliates will hold, an will use best efforts to cause their respective
officers, directors, employees, accountants, counsel, consultants, advisors and
agents to hold, in confidence, unless compelled to disclose by judicial or
administrative process or by other requirements of law, all confidential
documents and information concerning VPI furnished to the Company or its
affiliates in connection with the transaction contemplated by this Agreement,
except to the extent that such information can be shown to have been (i)
previously known on a nonconfidential basis by the Company, (ii) in the public
domain through no fault of the Company or (iii) later lawfully acquired by the
Company from sources other than VPI; provided that
the  Company may disclose such information to its officers, directors,
employees, accountants, counsel, consultants, advisors and agents in connection
with the transactions contemplated by this Agreement and to its lenders in
connection with obtaining the financing for the transactions contemplated by
this Agreement so long as such Persons are informed by the Company of the
confidential nature of such information and are directed by the Company to treat
such information confidentially.  The obligation of the Company and
its affiliates to hold such information in confidence shall be satisfied if they
exercise the same care with respect to such information as they would take to
preserve the confidentiality of their own similar information.  If
this Agreement is terminated, the Company and its affiliates will, and will use
best efforts to cause their respective officers, directors, employees,
accountants, counsel, consultants, advisors and agents to, destroy or deliver to
VPI, upon request, all documents and other materials, and all copies thereof,
obtained by the company and its affiliates or on their behalf from VPI in
connection with this Agreement that are subject to such confidence.

     

    Section
6.04    Covenants
of Both Parties.  Each party hereto agrees that:

     

    (a)  Best
Efforts.  Subject to the terms and conditions of this
Agreement, each of the parties hereto agrees (i) to use its best efforts to
take, or cause to be taken, all actions, and to do, or cause to be done, all
things necessary, proper or advisable under applicable laws and regulations to
consummate and make effective the transactions contemplated by this Agreement,
and (ii) to execute and deliver such other documents, certificates, agreements
and other writings and to take such other actions as may be necessary or
desirable in order to consummate or implement expeditiously the transactions
contemplated by this Agreement.

     

    (b) Certain
Filings.  Each of the parties will cooperate with one another
(i) in determining whether any action by or in respect of, or filing with, any
Governmental Entity is required or any actions, consents, approvals or waivers
are required to be obtained from parties to any material contracts, in
connection with the transactions contemplated by this Agreement,  and
(ii) in taking such actions or making any such filings, furnishing information
required in connection therewith and seeking timely to obtain any such actions,
consents, approvals or waivers.

     

    
      
         

      

      
        -13-

        
          

        

      

      
         

      

    

     

    Notwithstanding
any other provision in this Agreement, including the immediately preceding
paragraph, all filings with the Securities and Exchange Commission after
December 31, 2010 (“Post-Closing Filings”) and any audits of financial
statements that may be required in connection therewith shall be the financial
responsibility of VPI, and neither VFC nor its owners after the Closing shall
have financial or other obligations with respect to such filings or audits,
except for cooperating with regard to the provision of information needed for
disclosure purposes. Post-Closing Filings shall include (i) ongoing periodic
reports, proxy statements and current reports in the regular course, and (ii)
all filings that may be required in connection with this Agreement and the
related transactions, including any current report on Form 8-K and any report
pursuant to Rule 14f-1.

     

    (c)  Public
Announcements. Before any party releases any information concerning this
Agreement or any of the other transactions contemplated hereby or in connection
herewith which is intended for or may result in public dissemination thereof, it
shall cooperate with the other parties, shall furnish drafts of all documents or
proposed oral statements to the other parties for comment, and shall not release
any such information without the written consent of the Company (in the case of
release by VPI) or VPI (in the case of releases by the Company or the Company
Members).  Nothing contained herein shall prevent a party from releasing any
information if required to do so by applicable law or regulation.

    

    (d)  Notices.  Each
of the parties shall give prompt notice to the other parties of: (a) any
notice of, or other communication relating to, a default or event which, with
notice or the lapse of time or both, would become a default, received by it or
any of its subsidiaries subsequent to the date of this Agreement and prior to
the Closing, under any agreement, indenture or instrument material to the
financial condition, properties, businesses or results of operations of it and
its subsidiaries, taken as a whole, to which it or any of its subsidiaries is a
party or is subject; (b) any notice or other communication from any third
party alleging that the consent of such third party is or may be required in
connection with the transactions contemplated by this Agreement, which consent,
if required, would breach the representations contained in Articles III, IV or
V; and (c)  any other material fact or occurrence or any
pending or threatened material occurrence of which it obtains knowledge and
which (if existing and known at the date of the execution of this Agreement)
would have been required to be set forth or disclosed in or pursuant to this
Agreement, which (if existing and known at any time prior to or at the Closing)
would make the performance by any party of a covenant contained in this
Agreement impossible or make such performance materially more difficult than in
the absence of such fact or occurrence, or which (if existing and known at the
time of the Closing) would cause a condition to any party’s obligations under
this Agreement not to be fully satisfied.

     

    ARTICLE
VII

    CONDITIONS

    

    Section
7.01    Conditions
to Each Party's Obligation.  The obligation of each party to
consummate the Closing is subject to the satisfaction of the following
conditions: 

     

    
      
         

      

      
        -14-

        
          

        

      

      
         

      

    

     

    (a)  All
authorizations, consents, orders or approvals of, or declarations or filings
with, or expirations or terminations of waiting periods imposed by, any
Governmental Entity, and all required third party consents, shall have been
filed, occurred or been obtained.

     

    (b)  No
statute, rule, regulation, executive order, decree or injunction shall have been
enacted, entered, promulgated or enforced by any court or governmental authority
which prohibits the consummation of the Closing and shall be in
effect.

     

    Section
7.02    Conditions
to Obligation of VPI.  The obligation of VPI to consummate the
Closing is subject to the satisfaction of the following further
conditions:

     

    (a) The
representations and warranties of the Company and the Company Members set forth
in this Agreement shall be true and correct as of the date of this Agreement,
and shall also be true in all material respects (except for such changes as are
contemplated by the terms of this Agreement and such changes as would be
required to be made in the exhibits to this Agreement if such schedules were to
speak as of the Closing Date) on and as of the Closing Date with the same force
and effect as though made on and as of the Closing Date, except if and to the
extent any failures to be true and correct would not, in the aggregate,
reasonably be expected to have a Material Adverse Effect of the
Company.

     

    (b)  The
Company and the Company Members shall have performed in all material respects
all obligations required to be performed by them under this Agreement at or
prior to the Closing Date.

     

    (c)  VPI
shall have a received a certificate signed by a member of the Company confirming
Section 7.02(a) and
(b).

     

    (d)   VPI
shall have received resolutions duly adopted by the Company Members approving
the execution and delivery of this Agreement and all other necessary or proper
organizational action to enable the Company to comply with the terms of this
Agreement.

     

    Section
7.03    Conditions
to Obligations of the Company and Company Members.  The
obligations of the Company and the Company Members to consummate the Closing are
subject to the following further conditions:

     

    (a)  The
representations and warranties of VPI set forth in this Agreement shall be true
and correct as of the date of this Agreement, and shall also be true in all
material respects (except for such changes as are contemplated by the terms of
this Agreement and such changes as would be required to be made in the exhibits
to this Agreement if such schedules were to speak as of the Closing Date) on and
as of the Closing Date with the same force and effect as though made on and as
of the Closing Date.

     

    (b)  VPI
shall have performed in all material respects all obligations required to be
performed by it under this Agreement at or prior to the Closing
Date.

     

    (c)  The
Company shall have a received a certificate signed by the President of VPI
confirming Section
7.03(a) and (b).

     

    
      
         

      

      
        -15-

        
          

        

      

      
         

      

    

     

    (d)  The
Company shall have received (i) resolutions duly adopted by the Board of
Directors of VPI approving the execution and delivery of this Agreement and all
other necessary or proper corporate action to enable VPI to comply with the
terms of this Agreement..

     

    (e)  VPI
shall have made all filings, and taken all actions, necessary to comply with all
reporting requirements under federal and state securities laws (including
without limitation, applicable “blue-sky” laws with regard to the issuance of
VPI Shares as contemplated by this Agreement) other than the filing of Form D up
to 15 days following the Closing.

     

    (f) VPI
shall have received the resignations: (a) of all of its officers,
effective as of the Closing and (b) of Garabed Khatchoyan and Gordon Knott as
members of its Board of Directors, effective 11 days after VPI mails the
stockholders of VPI an Information Statement pursuant to Section 14(f) of the
Exchange Act and Rule 14f-1 thereunder reflecting the changes in the composition
of VPI’s Board of directors contemplated by this Agreement.

     

    ARTICLE
VIII

    TERMINATION
AND AMENDMENT

    

    Section
8.01    Termination.  This
Agreement may be terminated at any time prior to the Closing Date:

     

    (a)  by
mutual consent of the Company and VPI;

     

    (b)  by
either the Company or VPI if the Closing shall not have been consummated before
December 31, 2010 (unless the failure to consummate the Closing by such date
shall be due to the action or failure to act of the party seeking to terminate
this Agreement); or

     

    (c)   by
either the Company or VPI if (i) the conditions to such party's obligations
shall have become impossible to satisfy or (ii) any permanent injunction or
other order of a court or other competent authority preventing the consummation
of the Closing shall have become final and non-appealable.

     

    Section
8.02    Effect of
Termination.  In the event of the termination and abandonment
of this Agreement pursuant to Section 8.01
hereof, this Agreement shall forthwith become void and have no effect, without
any liability on the part of any party hereto or its affiliates, directors,
officers or stockholders, other than the provisions of Sections 6.01(d) and
6.02(c).  Nothing contained in this Section 8.02
shall relieve any party from liability for any breach of this
Agreement.

     

    Section
8.03    Amendment.  This
Agreement may not be amended except by an instrument in writing signed on behalf
of each of the parties hereto.

     

    Section
8.04    Extension;
Waiver.  At any time prior to the Closing Date, the parties
hereto may, to the extent legally allowed, (i) extend the time for the
performance of any of the obligations or other acts of the other parties hereto,
(ii) waive any inaccuracies in the representations and warranties contained
herein or in any document delivered pursuant hereto and (iii) waive
compliance with any of the agreements or conditions contained herein. Any
agreement on the part of a party hereto to any such extension or waiver shall be
valid only if set forth in a written instrument signed on behalf of such
party.

     

    
      
         

      

      
        -16-

        
          

        

      

      
         

      

    

     

    ARTICLE
IX

    MISCELLANEOUS

    

    Section
9.01    Entire
Agreement; Assignment.  This Agreement
(a) constitutes the entire agreement and supersedes all prior agreements and
understandings, both written and oral, among the parties with respect to the
subject matter hereof (other than any confidentiality agreement between the
parties; any provisions of such agreements which are inconsistent with the
transactions contemplated by this Agreement being waived hereby) and (b) shall
not be assigned by operation of law or otherwise.

    

    Section
9.02    Non-Survival
of Representations and Warranties.  The covenants,
agreements, representations and warranties of the parties hereto contained in
this Agreement or in any certificate or other writing delivered pursuant hereto
or in connection herewith shall not survive the
Closing.    This Section 9.02 shall
not limit any claim for fraud or any covenant or agreement of the parties which
by its terms contemplates performance after the Closing Date.

    

    Section
9.03    Expenses.  Whether or not
the transactions contemplated in this Agreement are consummated, all costs and
expenses incurred in connection with this Agreement and the transactions
contemplated hereby, will be paid by the party incurring such expense or as
otherwise agreed to herein; provided, however, that the Company agrees to
reimburse VPI for reasonable legal attorneys’ fees incurred in connection with
the Agreement up to a maximum of $10,000.

    

    Section
9.04    Notices.  Any notice or
other communication required or permitted to be given hereunder shall be in
writing and shall be mailed by certified mail, return receipt requested or by
the most nearly comparable method if mailed from or to a location outside of the
United States or by Federal Express, Express Mail, or similar overnight delivery
or courier service or delivered (in person or by facsimile, email, or similar
telecommunications equipment) against receipt to the party to which it is to be
given at the address of such party set forth in the signature pages to this
Agreement (or to such other address as the party shall have furnished in writing
in accordance with the provisions of this Section
9.04.  Any notice or other communication given by certified
mail (or by such comparable method) shall be deemed given at the time of
certification thereof (or comparable act), except for a notice changing a
party's address which will be deemed given at the time of receipt
thereof.  Any notice given by other means permitted by this Section 9.04 shall be
deemed given at the time of receipt thereof.

    

    Section
9.05    Parties
in Interest.  This Agreement
will inure to the benefit of and be binding upon the parties hereto and the
respective successors and assigns.  Nothing in this Agreement is
intended to confer, expressly or by implication, upon any other person any
rights or remedies under or by reason of this Agreement.

     

    
      
         

      

      
        -17-

        
          

        

      

      
         

      

    

     

    Section
9.06    Counterparts.  This
Agreement may be executed in two or more counterparts, each of which will be
deemed an original and all together will constitute one document.  The
delivery by facsimile of an executed counterpart of this Agreement will be
deemed to be an original and will have the full force and effect of an original
executed copy.

    

    Section
9.07   Severability.  Any provision of
this Agreement that is prohibited or unenforceable in any jurisdiction shall, as
to such jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof, and any
such prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction.

    

    Section
9.08    Headings.  The Article and
Section headings are provided herein for convenience of reference only and do
not constitute a part of this Agreement and will not be deemed to limit or
otherwise affect any of the provisions hereof.

    

    Section
9.09    Governing
Law.  This Agreement
will be deemed to be made in and in all respects will be interpreted, construed
and governed by and in accordance with the law of the State of Nevada without
regard to any applicable principles of conflicts of law.

    

    [REMAINDER
OF PAGE INTENTIONALLY BLANK]

     

    
      
         

      

      
        -18-

        
          

        

      

      
         

      

    

     

    IN WITNESS WHEREOF, the
parties hereto have executed and delivered this Agreement in a manner legally
binding upon them as of the date first above written.

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            
                              
                                
                                  
                                    	 
      	
                                            VINYL
      PRODUCTS, INC.

                                          
	 
      	 
      	 
      	 
      
	 
      	
                                            By

                                          	 
      
	 
      	 
      	
                                            Name:

                                          	 
      
	 
      	 
      	
                                            Title:

                                          	 
      
	 
      	 
      	
                                            Address:

                                          	 
      
	 
      	 
      	 
      	 
      
	 
      	
                                            BRACKIN
      O’CONNOR LLC

                                          
	 
      	 
      	 
      	 
      
	 
      	
                                            By

                                          	 
      
	 
      	 
      	
                                            Name:

                                          	 
      
	 
      	 
      	
                                            Title:

                                          	 
      
	 
      	 
      	
                                            Address:

                                          	 
      
	 
      	 
      	 
      	 
      
	 
      	
                                            COMPANY
      MEMBERS:

                                          
	 	 	 	 
	 
      	 
      	 
      	 
      
	 
      	 
      	 
      	
                                            Name: Doug
      Brackin

                                          
	 
      	 
      	 
      	
                                            Address:

                                          
	 
      	 
      	 
      	 
      
	 	 	 	 
	 
      	 
      	 
      	
                                            Name: Joy L.
      Brackin

                                          
	 
      	 
      	 
      	
                                            Address:

                                          

                                  

                                

                              

                            

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

     

    
      
         

      

      
        -19-

        
          

        

      

      
         

      

    

     

    SCHEDULE
A

    

    
      
        
          
            
              
                
                  
                    	
                            Company Member

                          	 	
                            Company Interest Owned

                          	 	 	
                            VPI Share to be Issued

                          	 
	 
      	 	 	 	 	 	 
	
                            Doug
      Brackin

                          	 	 	50	%	 	 	10,000,000	 
	 
      	 	 	 	 	 	 	 	 
	
                            Joy
      L. Brackin

                          	 	 	50	%	 	 	10,000,000	 

                  

                

              

            

          

        

      

    

     

    
      
         

      

      
        -20-

        
          

        

      

      
         

      

    

     

    Schedule
4.08 to Company Disclosure Schedule

    

    
      	
              1)

            	
              2009
      Ford truck, Econoline wagon vin#
  1FBNE31L09DA22396

            

    

    
      	
              2)

            	
              Sunrise
      bank acct#108011687

            

    

     

    
      
         

      

      
        -21-STOCK PURCHASE AGREEMENT,
dated December 31, 2010, among Garabed Khatchoyan, an
individual (“Khatchoyan”), Gordon Knott, an individual
(“Knott”) (and together
with Khatchoyan, the “Buyers”), and Vinyl Products, Inc., a Nevada
corporation (“Seller”).

     

    INTRODUCTION

     

    WHEREAS, the Buyers desire to
acquire from Seller (a) all of the outstanding shares (the “VFC Shares”) of Vinyl Fence
Company, Inc., a California corporation (“VFC”) and (b) all of the
outstanding shares (the “VFC
Franchise Shares”) of VFC Franchise Corp., a California corporation
(“VFC
Franchise”)  in exchange for (i) the outstanding shares of
Seller’s Common Stock identified on Schedule A hereto (the “Seller Shares”), and (ii) the
assumption by the Buyers of all liabilities of Seller  arising from or
relating to periods prior to the date hereof.

    

    NOW THEREFORE, the parties
hereto, intending to be legally bound, for good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, hereby agree as
follows:

     

    Section
1.         Purchase
and Sale.   The closing (the “Closing”) of the acquisition
of the transaction contemplated hereunder shall take place at the offices of the
Company in San Juan Capistrano, California as soon as possible, but in no event
later than three business days, after the satisfaction of the conditions set
forth in Section 4, or at such other time or place as Seller and the Buyers may
agree. At the Closing:

    

    
      	
               
      

            	
              (a)

            	
              Seller
      will:

            

    

    

    
      
        	
              	
                (i) 

              	
                Assign
      and deliver to the Buyers, the VFC Shares and the VFC Franchise Shares in
      the proportions set forth on Schedule A
hereto,

              

      

    

    

    
      
        	
              	
                (ii) 

              	
                Execute
      and deliver to Buyers the Assumption Agreement, in the form attached as
      Exhibit A hereto.

              

      

    

    

    
      	
            	
              (b) 

            	
              The
      Buyers will:

            

    

    

    
      	
            	
              (i) 

            	
              Assign
      and deliver to Seller, the Seller Shares;
and

            

    

    

    
      
        	
              	
                (ii) 

              	
                Execute
      and deliver to Seller the Assumption Agreement, in the form attached as
      Exhibit A hereto.

              

      

    

    

     (c)         Effective
as of the Closing, each Buyer hereby fully and unconditionally releases and
discharges all claims and causes of action which it, ever had, now have, or
hereafter may have against Seller or any of its officers, directors,
stockholders, employees or agents, in each case past, present, or as they may
exist at any time after this date, whether currently known or unknown, other
than for the breach of any representation, warranty or covenant set forth in
this Agreement.

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

      

    Section
2.         Representations and
Warranties.

    

    (a)           Seller
hereby represents and warrants to Buyer as follows:

    

    (i)       Seller
is a corporation duly organized, validly existing, and in good standing under
the laws of its jurisdiction of organization, with all requisite power and
authority, and all necessary consents, authorizations, approvals, orders,
licenses, certificates, and permits of and from, and declarations and filings
with, all federal, state, local, and other governmental authorities and all
courts and other tribunals, to own, lease, license, and use its properties and
assets and to carry on the businesses in which it is now engaged.

    

    (ii)      Seller
has all necessary right and power to enter into this Agreement and to carry out
the obligations hereunder and to consummate the transactions contemplated
hereby. Except for the approval contemplated by Section 4(a)(i) below, all
necessary corporate proceedings of Seller have been duly taken to authorize the
execution, delivery, and performance of Seller of this
Agreement.  This Agreement has been duly executed and delivered by
Seller and constitutes a valid and binding obligation thereof, and is
enforceable against Seller in accordance with its terms.

     

    (b)          The
Buyers, jointly and severally, hereby represent and warrant to Seller as
follows:

    

    (i)       Each
Buyer has all necessary right and power to enter into this Agreement and to
carry out the obligations hereunder and to consummate the transactions
contemplated hereby. This Agreement has been duly executed and delivered by each
Buyer and constitutes a valid and binding obligation of each Buyer and is
enforceable against each Buyer in accordance with its terms.

    

    (iii)     The
Seller Shares are held beneficially and of record by the Buyers, free and clear
of any security interest, pledge, mortgage, lien (including, without limitation,
environmental and tax liens), charge, encumbrance, adverse claim, preferential
arrangement or restriction of any kind, including, without limitation, any
restriction on the use, voting, transfer (except as otherwise provided herein),
receipt of income or other exercise of any attributes of ownership, and such
securities are not subject to any pre-emptive or similar rights of stockholders.
The Seller Shares are duly and validly authorized and issued, fully paid, and
nonassessable.  The Seller Shares are subject to any options,
warrants, convertible securities or other rights, agreements, arrangements or
commitments of any character relating to interests therein.  There are
no voting trusts, member agreements, proxies, or other agreements or
understandings in effect with respect to the voting or transfer of any of such
securities.

    

    Section
3.          Covenants.

    

    (a)           Seller
hereby agrees as follows:

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    (i)           Seller
will conduct its affairs so that at the Closing, no representation or warranty
of Seller will be inaccurate in any material respect, no covenant or agreement
of Seller will be breached, and no condition in this Agreement will remain
unfulfilled by reason of the actions or omissions of Seller.

    

    (ii)           Seller
will immediately advise the Buyers in a detailed written notice of any material
fact or occurrence or any pending or threatened material occurrence of which it
obtains knowledge and which (if existing and known at the date of the execution
of this Agreement) would have been required to be set forth or disclosed in or
pursuant to this Agreement, which (if existing and known at any time prior to or
at the Closing) would make the performance by any party of a covenant contained
in this Agreement impossible or make such performance materially more difficult
than in the absence of such fact or occurrence, or which (if existing and known
at the time of the Closing) would cause a condition to any party’s obligations
under this Agreement not to be fully satisfied.

    

    (iii)          Seller
shall use its commercially reasonable efforts to insure that all confidential
information which Seller or any of its respective officers, directors,
employees, counsel, agents, investment bankers, or accountants may now possess
or may hereafter create or obtain relating to the financial condition, results
of operations, businesses, properties, assets, liabilities, or future prospects
of VFC, any affiliate thereof, or any customer or supplier thereof or of
any such affiliate shall not be published, disclosed, or made accessible by any
of them to any other person or entity at any time or used by any of them except
in the ordinary course of business and for the benefit of VFC; provided,
however, that the restrictions of this sentence shall not apply (A) after this
Agreement is terminated, (B) as may otherwise be required by law, (C) as may be
necessary or appropriate in connection with the enforcement of this Agreement,
or (D) to the extent the information shall have otherwise become publicly
available.

     

    (b)           The
Buyers hereby agrees as follows:

     

    (i)           
Each Buyer will conduct his affairs so that at the Closing, no representation or
warranty of the Buyers will be inaccurate in any material respect, no covenant
or agreement of the Buyers will be breached, and no condition in this Agreement
will remain unfulfilled by reason of the actions or omissions of the
Buyers.

    

    (ii)           Each
Buyer will immediately advise the Seller in a detailed written notice of any
material fact or occurrence or any pending or threatened material occurrence of
which it obtains knowledge and which (if existing and known at the date of the
execution of this Agreement) would have been required to be set forth or
disclosed in or pursuant to this Agreement, which (if existing and known at any
time prior to or at the Closing) would make the performance by any party of a
covenant contained in this Agreement impossible or make such performance
materially more difficult than in the absence of such fact or occurrence, or
which (if existing and known at the time of the Closing) would cause a condition
to any party’s obligations under this Agreement not to be fully
satisfied.

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    (iii)          Each
Buyer shall use its commercially reasonable efforts to insure that all
confidential information which it or any of its respective officers, directors,
employees, counsel, agents, investment bankers, or accountants may now possess
or may hereafter create or obtain relating to the financial condition, results
of operations, businesses, properties, assets, liabilities, or future prospects
of Seller, any affiliate thereof, or any customer or supplier thereof or of
any such affiliate shall not be published, disclosed, or made accessible by any
of them to any other person or entity at any time or used by any of them except
in the ordinary course of business and for the benefit of Seller; provided,
however, that the restrictions of this sentence shall not apply (A) as may
otherwise be required by law, (B) as may be necessary or appropriate in
connection with the enforcement of this Agreement, or (C) to the extent the
information shall have otherwise become publicly available.

    

    (c)           
Each of the parties hereto agrees that intercompany debts existing on December
31, 2010 between VPI and VFC shall be converted into 2,500 shares of VPI Common
Stock, and there shall be no obligation or any liability with respect thereto
accruing to VPI, VFC, or any party to this Agreement.

      

    Section
4.            Conditions.

    

    (a)  The
obligations of the parties hereto shall be subject to the satisfaction or waiver
in writing of the following conditions between the date hereof and the
Closing:

    

    (i)           Prior
to Closing, this Agreement shall have been ratified by the Board of Directors of
Seller.

    

    (ii)          The
transactions contemplated by the Equity Exchange Agreement, of even date
herewith, by and among Seller, Bracken O’Connor LLC and the members of Bracken
O’Connor LLC shall have been consummated.

    

    (iii)         No
statute, rule, regulation, executive order, decree or injunction shall have been
enacted, entered, promulgated or enforced by any court or governmental authority
which prohibits the consummation of the Closing and shall be in
effect.

    

    (b)  The
obligations of the Buyers shall be subject to the satisfaction or waiver in
writing of the following further conditions between the date hereof and the
Closing:

    

    (i)           The
representations and warranties of Seller set forth in this Agreement shall be
true and correct as of the date of this Agreement, and shall also be true in all
material respects (except for such changes as are contemplated by the terms of
this Agreement) on and as of the Closing with the same force and effect as
though made on and as of the Closing.

    

    (ii)          Seller
shall have performed in all material respects all obligations required to be
performed by it under this Agreement at or prior to the Closing.

    

    (c)  The
obligations of Seller shall be subject to the satisfaction or waiver in writing
of the following further conditions between the date hereof and the
Closing:

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    (i)           The
representations and warranties of the Buyers set forth in this Agreement shall
be true and correct as of the date of this Agreement, and shall also be true in
all material respects (except for such changes as are contemplated by the terms
of this Agreement) on and as of the Closing with the same force and effect as
though made on and as of the Closing.

    

    (ii)          Each
Buyer shall have performed in all material respects all obligations required to
be performed by it under this Agreement at or prior to the Closing.

    

    Section
5.             Indemnification.

    

    (a)           Seller
agrees to indemnify and hold harmless each of the Buyers against any and all
losses, liabilities, damages, and expenses whatsoever (which shall include for
all purposes, but not be limited to, reasonable counsel fees and any and all
expenses whatsoever incurred in investigating, preparing, or defending against
any litigation, commenced or threatened, or any claim whatsoever, and any and
all amounts paid in settlement of any claim or litigation) as and when incurred
arising out of, based upon, or in connection with any breach of any
representation, warranty, or covenant of Seller contained in this Agreement, to
the extent that a claim for such indemnification is raised prior to December 31,
2011.  The foregoing agreement to indemnify shall be in addition to
any liability Seller may otherwise have, including liabilities arising under
this Agreement. Any and all indemnification obligations under this Agreement
shall be capped at $75,000

     

    (b)           The
Buyers, jointly and severally, agree to indemnify and hold harmless Seller
against any and all losses, liabilities, damages, and expenses whatsoever (which
shall include for all purposes, but not be limited to, reasonable counsel fees
and any and all expenses whatsoever incurred in investigating, preparing, or
defending against any litigation, commenced or threatened, or any claim
whatsoever, and any and all amounts paid in settlement of any claim or
litigation) as and when incurred arising out of, based upon, or in connection
with any breach of any representation, warranty, covenant, or agreement of the
Buyers contained in this Agreement, , to the extent that a claim for such
indemnification is raised prior to December 31, 2011.  The foregoing
agreement to indemnify shall be in addition to any liability the Buyer may
otherwise have, including liabilities arising under this Agreement. Any and all
indemnification obligations under this Agreement shall be capped at
$75,000

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    Section
6.          Miscellaneous.

    

    (a)    
     This Agreement may be terminated at any time prior
to the Closing:

    

    (i)          by
mutual consent of Seller and the Buyers;

    

    (ii)         by
either Seller or the Buyers if the Closing shall not have been consummated
before December 31, 2010 (unless the failure to consummate the Closing by such
date shall be due to the action or failure to act of the party seeking to
terminate this Agreement); or

    

    (iii)        by
either Seller or the Buyers if any permanent injunction or other order of a
court or other competent authority preventing the consummation of the Closing
shall have become final and non appealable.

    

    (b)     
    At any time and from time to time, each party agrees, at
its or his expense, to take such actions and to execute and deliver such
documents as may be reasonably necessary to effectuate the purposes of this
Agreement.

     

    (c)  
       Since a breach of the provisions of
this Agreement could not adequately be compensated by money damages, any party
shall be entitled, in addition to any other right or remedy available to it, to
an injunction restraining such breach or a threatened breach and to specific
performance of any such provision of this Agreement, and in either case no bond
or other security shall be required in connection therewith, and the parties
hereby consent to the issuance of such an injunction and to the ordering of
specific performance.

    

    (d)    
     The covenants, agreements, representations, and
warranties contained in or made pursuant to this Agreement shall survive any
delivery of the consideration described herein, irrespective of any
investigation made by or on behalf of any party.

    

    (e)      
    This Agreement sets forth the entire understanding of
the parties with respect to the subject matter hereof, supersedes all existing
agreements between them concerning such subject matter, and may be modified only
by a written instrument duly executed by each party.

    

    (f)        
   Any notice or other communication required or permitted to be
given hereunder shall be in writing and shall be mailed by certified mail,
return receipt requested (or by the most nearly comparable method if mailed from
or to a location outside of the United States) or by Federal Express, Express
Mail, or similar overnight delivery or courier service or delivered (in person
or by telecopy, telex, or similar telecommunications equipment) against receipt
to the party to whom it is to be given at the address of such party set forth in
the signature pages to this Agreement (or to such other address as the party
shall have furnished in writing in accordance with the provisions of this
Section 6(f)) with a copy to each of the other party
hereto.    Notice to the estate of any party shall be
sufficient if addressed to the party as provided in this Section
6(f).  Any notice or other communication given by certified mail (or
by such comparable method) shall be deemed given at the time of certification
thereof (or comparable act), except for a notice changing a party’s address
which will be deemed given at the time of receipt thereof.  Any notice
given by other means permitted by this Section 6(f) shall be deemed given at the
time of receipt thereof.

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    (g)           Any
waiver by any party of a breach of any term of this Agreement shall not operate
as or be construed to be a waiver of any other breach of that term or of any
breach of any other term of this Agreement.  The failure of a party to
insist upon strict adherence to any term of this Agreement on one or more
occasions will not be considered a waiver or deprive that party of the right
thereafter to insist upon strict adherence to that term or any other term of
this Agreement.  Any waiver must be in writing and, in the case of a
corporate party, be authorized by a resolution of the Board of Directors or by
an officer (in each case, if any) of the waiving party.

    

    (h)           The
provisions of this Agreement shall be binding upon and inure to the benefit of
the parties hereto, and their respective successors and assigns (if not a
natural person) and his assigns, heirs, and personal representatives (if a
natural person).

    

    (i)           
This Agreement does not create, and shall not be construed as creating, any
rights enforceable by any person not a party to this Agreement (except as
provided in Section 6(h)).

    

     (j)           If
any provision of this Agreement is invalid, illegal, or unenforceable, the
balance of this Agreement shall remain in effect, and if any provision is
inapplicable to any person or circumstance, it shall nevertheless remain
applicable to all other persons and circumstances.

    

    (k)           The
headings in this Agreement are solely for convenience of reference and shall be
given no effect in the construction or interpretation of this
Agreement.

    

    (l)           This
Agreement may be executed in any number of counterparts, each of which shall be
deemed an original, but all of which together shall constitute one and the same
instrument.  It shall be governed by and construed in accordance with
the laws of the State of Nevada, without giving effect to conflict of
laws.  .  Any action, suit, or proceeding arising out of,
based on, or in connection with this Agreement or the transactions contemplated
hereby may be brought in Orange County, California and each party covenants and
agrees not to assert, by way of motion, as a defense, or otherwise, in any such
action, suit, or proceeding, any claim that it or he is not subject personally
to the jurisdiction of such court, that its or his property is exempt or immune
from attachment or execution, that the action, suit, or proceeding is brought in
an inconvenient forum, that the venue of the action, suit, or proceeding is
improper, or that this Agreement or the subject matter hereof may not be
enforced in or by such court.

    

    (m) All
costs and expenses incurred in connection with this Agreement and the
transactions contemplated hereby, will be paid by the party incurring such
expense or as otherwise agreed to herein; provided that Seller will reimburse
VFC for expenses incurred in connection with this Agreement by payment of (i)
$12,500 by check at Closing and (ii) the issuance of a promissory note in the
principal amount of $62,500 in the form attached hereto as Exhibit
B.

     

    [REMAINDER
OF PAGE INTENTIONALLY LEFT BLANK]

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

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

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            	 
      	
                                    Seller:

                                  
	 
      	 
      
	 
      	
                                    VINYL
      PRODUCTS, INC.

                                  
	 
      	 
      
	 
      	
                                    By:  

                                  	  
      
	 
      	
                                    Name:

                                  
	 
      	
                                    Title:

                                  
	 
      	
                                    Address:

                                  
	 
      	 
      
	 
      	
                                    Buyers:

                                  
	 
      	 
      
	 
      	
                                     

                                  
	   
      	
                                    Garabed
      Khatchoyan

                                  
	 
      	
                                    Address:

                                  
	 
      	 
      
	 
      	
                                     

                                  
	 
      	
                                    Gordon
      Knott

                                  
	 
      	
                                    Address:

                                  

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

     

    
      
         

      

      
        8

        
          

        

      

      
         

      

    
 

    Schedule
A

    Seller
Shares

    

    
      
        
          
            	 
      	 	 	 	 	
                    Proportion
      of VFC Shares

                  	 
	
                    Name

                  	 	
                    Seller’s Shares Owned

                  	 	 	
                    and VFC Franchise Shares

                  	 
	 
      	 	 	 	 	 	 
	
                    Garabed
      Khatchoyan

                  	 	 	10,000,000	 	 	 	50	%
	 
      	 	 	 	 	 	 	 	 
	
                    Gordon
      Knott

                  	 	 	10,000,000	 	 	 	50	%

          

        

      

    

     

    
      
         

      

      
        9

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