Document:

Exhibit 10.2

    
 

    

    ASSET
      PURCHASE AGREEMENT

    
 

    

    

    

    

    Between:

    

    

    SAMI
      SALIBI

    

    

    And:

    

    

    THE
      TRADE SHOW MARKETING COMPANY LTD.

    

    
 

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    ASSET
      PURCHASE AGREEMENT

    

    

    

    THIS
      ASSET PURCHASE AGREEMENT
      is dated
      and made for reference as fully executed on this 20th
      day of
      July, 2005 (the “Effective
      Date”).

    

    

    BETWEEN:

    SAMI
      SALIBI,
      and/or
      corporate entities beneficially owned by Sami Salibi, having a mailing address
      at _______________________________

    (the
      “Vendor”);

    OF
      THE FIRST PART

    

    AND:

    

    , 

    THE
      TRADESHOW MARKETING COMPANY LTD.
      as a
      company duly incorporated under the laws of Nevada and having an address for
      notice and delivery located at ___________________________________,

    

    (the
      “Purchaser”);

    OF
      THE SECOND PART

    

    (the
      Vendor and the Purchaser being hereinafter singularly also referred to as a
      “Party”
and
      collectively referred to as the “Parties”
as
      the
      context so requires).

    

    

    WHEREAS:

    

    A. The
      Vendor is the owner of two retail outlets (the “Outlets”) in or near Phoenix,
      Arizona, specifically located at Paradise Valley Mall and bearing license #
      E-16
      and Arrowhead Town Center bearing license # 2163, the Outlets containing certain
      business equipment, inventory, supplies, supply and contact lists, proprietary
      information, etc. (collectively, the “Assets”),
      a
      complete listing of such Assets of the Vendor being set forth in Schedule “A”
which is attached to this Agreement and which forms a material part
      hereof;

    

    B. The
      Purchaser is desirous of acquiring the Assets of the Vendor, and obtaining
      assignment of the leases at the Outlets.

    

    

    NOW
      THEREFORE THIS AGREEMENT WITNESSETH that,
      in
      consideration of the mutual covenants and provisos herein contained, THE
      PARTIES HERETO AGREE AS FOLLOWS:

     

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Article
      I

    SCHEDULES
      AND INTERPRETATION

    

    

    1.2  Schedules. For
      the
      purposes of this Agreement, except as otherwise expressly provided or unless
      the
      context otherwise requires, the following shall represent the Schedules which
      are attached to this Agreement and which form a material part
      hereof:

    

     Schedule      Description

    

    Schedule
      “A”:   List
      of
      Assets being sold by the Vendor to the Purchaser

    Schedule
      “B”:   Assignment
      of Sub- Lease for Paradise Valley Mall outlet

    Schedule
      “C”:   Assignment
      of Sub-Lease for Arrowhead Town Center outlet

    

    

    1.3  Interpretation. For
      the
      purposes of this Agreement, except as otherwise expressly provided or unless
      the
      context otherwise requires,:

    

    
      	
               

            	
              (a)

            	
              the
                words “herein”, “hereof” and “hereunder” and other words of similar import
                refer to this Agreement as a whole and not to any particular Article,
                section or other subdivision of this
                Agreement;

            

    

    

    
      	
               

            	
              (b)

            	
              the
                headings are for convenience only and do not form a part of this
                Agreement
                nor are they intended to interpret, define or limit the scope or
                extent of
                this or any provision of this
                Agreement;

            

    

    

    
      	
               

            	
              (c)

            	
              any
                reference to an entity shall include and shall be deemed to be a
                reference
                to any entity that is a permitted successor to such entity;
                and

            

    

    

    
      	
               

            	
              (d)

            	
              words
                in the singular include the plural and words in the masculine gender
                include the feminine and neuter genders, and vice
                versa.

            

    

    

    

    Article
      2

    PURCHASE
      AND SALE OF ASSETS

    

    

    2.1  Purchase
      and Sale.
      The
      Purchaser hereby purchases, without condition, and the Vendor hereby sells,
      without condition, the Assets for the sum of $ 30,149 USD (the “Purchase Price”)
      of which $15,149 USD shall be payable in cash, and $15,000 USD shall be payable
      in the common shares of The Tradeshow Marketing Company Ltd. (the “Shares”). The
      Shares shall be issued to the Vendor and/or his assign at a deemed price of
      $1.00 per share. If however, the share price is below $1.00 per share at the
      end
      of twelve (12) months from the date of this Agreement, then the Purchaser shall
      issue additional shares to the Vendor to ensure that the Shares issued under
      this have an aggregate market value of at least $15,000USD. 

    

    Article
      3

    DUE
      DILIGENCE

    

    

    3.1  Due
      Diligence Period.
      The
      Vendor shall allow the Purchaser a period of 30 days in which the Purchaser
      shall be afforded the opportunity to verify the following:

    

      
        
           

        

        
           

          
            

          

        

        
           

        

      

    

     

    
      	
              (a)  

            	
              The
                form and general nature of the transaction in order to appropriately
                address the Parties’ tax and securities
                issues;

            

    

    

    
      	
              (b)  

            	
               That
                the retail locations and their inventories be free and clear of any
                and
                all liabilities, encumbrances, and creditor demands whatsoever, and
                that
                full and clear title can be delivered to The
                Purchaser.

            

    

    

    
      	
              (c)  

            	
              That
                the complete satisfactory due diligence, and that upon signing of
                this
                Agreement, that the Vendor allow the Purchaser or a representative
                of the
                Purchaser to examine and confirm all inventories, stock, book accounts,
                records and any other such additional information as may be reasonably
                requested by the Purchaser.; and

            

    

    

    
      	
              (d)  

            	
              That
                the Parties successfully execute an assumption of lease agreement
                for the
                Outlets. 

            

    

    

    

    Article
      4

    REPRESENTATIONS,
      WARRANTIES AND COVENANTS BY THE VENDOR

    

    4.1  Representations,
      Warranties and Covenants by the Vendor.
      In
      order to induce the Purchaser to enter into and consummate this Agreement,
      the
      Vendor represents to and warrants to the Purchaser that, to the best of the
      informed knowledge, information and belief of the Vendor, after having made
      due
      inquiry:

    

    (a)the
      Vendor is duly incorporated under the laws of its jurisdiction of incorporation
      and is validly existing and in good standing with respect to all statutory
      filings required by the applicable corporate laws;

    

    (b)the
      Vendor is qualified to do business in those jurisdictions where it is necessary
      to fulfill its obligations under this Agreement and the Vendor has the full
      power and authority to enter into this Agreement and any agreement or instrument
      referred to or contemplated by this Agreement;

    

    
      	
               

            	
              (c)

            	
              the
                Vendor is the registered and beneficial owner of all interests in
                the
                Assets and has the requisite power, authority and capacity to own
                and use
                the Assets and the Vendor owns the right to develop and maintain
                the
                Assets;

            
	 	 	 
	 	(d)	the Vendor
              owns and
              possesses and has good and marketable title to and possession of all
              of
              the Assets free and clear of all actual or threatened liens, charges,
              options, encumbrances,
              voting agreements, voting trusts, demands, limitations and restrictions
              of
              any nature whatsoever;

    

     

    
      	
               

            	
              (e)

            	
              no
                person, firm or corporation has any written or oral agreement, option,
                understanding or commitment, or any right or privilege capable of
                becoming
                an agreement, for the purchase from the Vendor of any of the
                Assets;

            

    

    

    
      	
               

            	
              (f)

            	
              there
                are no outstanding orders or directions relating to any matters requiring
                any work, repairs, construction or capital expenditures with respect
                to
                any of the Assets and the conduct of the operations related thereto,
                nor
                has the Vendor received any notice of
                same;

            

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

     

    
      	
               

            	
              (g)

            	
              there
                is no adverse claim or challenge against or to the ownership of or
                title
                to any of the Assets or which may impede the development of any of
                the
                Assets, nor, to the best of the knowledge, information and belief
                of the
                Vendor, after having made due inquiry, is there any basis for any
                potential claim or challenge, and, to the best of the knowledge,
                information and belief of the Vendor, after having made due inquiry,
                and
                other than as provided for herein, no persons have any royalty, net
                profits or other interests whatsoever in revenues or sales from any
                of the
                Assets;

            

    

     

    
      	
               

            	
              (h)

            	
              there
                are no actions, suits, proceedings or investigations (whether or
                not
                purportedly against or on behalf of the Vendor or the Assets), pending
                or
                threatened, which may affect, without limitation, the rights of the
                Vendor
                to transfer any of the Assets to the Purchaser at law or in equity,
                or
                before or by any federal, state, provincial, municipal or other
                governmental department, commission, board, bureau, agency or
                instrumentality, domestic or foreign, and, without limiting the generality
                of the foregoing, there are no claims or potential claims under any
                relevant family relations legislation or other equivalent legislation
                affecting the Assets. In addition, the Vendor is not now aware of
                any
                existing ground on which any such action, suit or proceeding might
                be
                commenced with any reasonable likelihood of
                success;

            

    

    

    
      	
               

            	
              (i)

            	
              the
                Vendor has not experienced, nor is the Vendor aware of, any occurrence
                or
                event which has had, or might reasonably be expected to have, a materially
                adverse affect on the Assets;

            

    

    

    
      	
               

            	
              (j)

            	
              here
                is not any proceeding, claim or, to the best of the knowledge, information
                and belief of the Vendor, after having made due inquiry, any investigation
                by any federal, state or municipal taxation authority, or any matters
                under discussion or dispute with such taxation authorities, in respect
                of
                taxes, governmental charges, assessments or reassessments in connection
                with the Vendor or the Assets, and the Vendor is not aware of any
                contingent tax liabilities or any grounds that could result in an
                assessment, reassessment, charge or potentially adverse determination
                by
                any federal, state or municipal taxation authority as against the
                Vendor
                or the Assets;

            

    

    

    
      	
               

            	
              (k)

            	
              the
                Vendor is not in breach of any provision or condition of, nor has
                the
                Vendor done or omitted to do anything that, with or without the giving
                of
                notice or lapse or both, would constitute a breach of any provision
                or
                condition of, or give rise to any right to terminate or cancel or
                accelerate the maturity of any payment under, any deed of trust,
                contract,
                certificate, consent, permit, license or other instrument to which
                the
                Vendor is a party, by which the Vendor is bound or from which the
                Vendor
                derives benefit, or any judgment, decree, order, rule or regulation
                of any
                Court or governmental authority to which the Vendor is subject, or
                any
                statute or regulation applicable to the Vendor, to an extent that,
                in the
                aggregate, has a material adverse affect on the Vendor or the
                Assets;

            

    

     

    
      	
               

            	
              (l)

            	
              the
                Vendor is not required to obtain any authorizations, approvals, or
                waivers
                that may be necessary or desirable in connection with the transactions
                contemplated in this Agreement;

            

    

    

    
      	
               

            	
              (m)

            	
              the
                Vendor has not committed to sell, license, distribute, option, or
                otherwise dispose of or grant any interest in all or any part of
                the
                Assets or agree to do or perform any act or enter into any transaction
                or
                negotiation which could reasonably be expected to interfere with
                this
                Agreement or which would render inaccurate any of the representations,
                warranties or covenants set forth in this
                Agreement;

            

    

    

    
      	
               

            	
              (n)

            	
              the
                execution and delivery of this Agreement and the agreements contemplated
                hereby have been duly authorized by all necessary action, corporate
                or
                otherwise, or will have been so authorized at the relevant
                time;

            

    

     

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

     

    
      	
               

            	
              (o)

            	
              this
                Agreement constitutes a legal, valid and binding obligation of the
                Vendor
                enforceable against it in accordance with its terms, except as enforcement
                may be limited by laws of general application affecting the rights
                of
                creditors;

            

    

     

    
      	
               

            	
              (p)

            	
              no
                proceedings are pending for, and the Vendor is unaware of, any basis
                for
                the institution of any proceedings leading to its respective dissolution
                or winding up, or the placing of it in bankruptcy or subject to any
                other
                laws governing the affairs of insolvent
                companies;

            

    

     

     

    
      	
               

            	
              (q)

            	
              the
                making of this Agreement and the completion of the transactions
                contemplated hereby and the performance of and compliance with the
                terms
                hereof does not and will not:

            

    

     

     

     

    
      	
               

            	
               

            	
              (i) 

            	
              conflict
                with or result in a breach of or violate any of the terms, conditions
                or
                provisions of the Vendor’s constating documents; 

            

    

     

    
      	
               

            	
               

            	
              (ii) 

            	
              conflict
                 with  or result in a breach of  or  violate any of
                 the  terms, conditions or provisions  of  any
                  law, judgment, order,  injunction, decree, regulation
                or 

            
	 	
               

            	
               

            	
              ruling conflict
                with or result in a breach of or violate any of the terms, conditions
                or
                provisions of any law, judgment, order, injunction, decree, regulation
                or
                ruling of any court or governmental authority, domestic or foreign,
                to
                which the Vendor is subject, or constitute or result in a default
                under
                any agreement, contract or commitment to which the Vendor is a
                party;

            

    

     

    
      	
               

            	
               

            	
              (iii) 

            	
              give
                to any party the right of termination, cancellation or acceleration
                in or
                with respect to any agreement, contract or commitment to which the
                Vendor
                is a party;

            

    

     

    
      	
               

            	
               

            	
              (iv) 

            	
              give
                to  any government or governmental authority, or any 
                municipality or any subdivision  thereof,  including any
                governmental department,  commission, 

            
	
               

            	
               

            	
               

            	
              bureau,
                board or administration agency, any right of termination, cancellation
                or
                suspension of, or constitute a breach of or result in a default under,
                any
                permit, license, control or authority issued to the Vendor which
                is
                necessary or desirable in connection with the conduct and operations
                of
                its respective Business and the ownership or leasing of its respective
                Assets or other assets; or

               

            

    

     

    
      	
               

            	
               

            	
              (v) 

            	
              constitute
                 a  default by,  or any event  which, with the giving
                of notice or lapse of time or both,  might constitute  an
                 event of default, under any agreement,

            
	 	
               

            	
               

            	
              contract,
                indenture or other  constitute a default by, or any event which,
                with the giving of notice or lapse of time or both, might constitute
                an
                event of default, under any agreement, contract, indenture or other
                instrument of the Vendor which would give any party to that agreement,
                contract, indenture or other instrument the right to terminate,
                accelerate, modify, or effect any act which would materially negatively
                affect the Assets; 

            

    

     

    

    
      	
               

            	
              (r)

            	
              the
                Vendor is not aware of any fact or circumstance which has not been
                disclosed to the Purchaser which should be disclosed in order to
                prevent
                the representations, warranties and covenants contained in this section
                from being misleading or which would likely affect the decision of
                the
                Purchaser to enter into this Agreement;

            

    

     

     

    

    
      	
               

            	
              (s)

            	
              neither
                this Agreement nor any other document, certificate or statement furnished
                to the Purchaser by or on behalf of the Vendor in connection with
                the
                transactions contemplated hereby knowingly or negligently contains
                any
                untrue or incomplete statement of material fact or omits to state
                a
                material fact necessary in order to make the statements therein not
                misleading which would likely affect the decision of the Purchaser
                to
                enter into this Agreement; and

            

    

     

    

    
      	
               

            	
              (t)

            	
              the
                Vendor will employ good faith, due diligence, and best efforts to
                perform
                its obligations of this Agreement and will enter into such additional
                or
                collateral agreements as may be reasonably required by the Purchaser
                to
                effect and complete the objects and intent of this
                Agreement.

            

    

     

     

     

    4.2  Continuity
      of the Representations, Warranties and Covenants by the
      Vendor.
      The
      representations, warranties and covenants by the Vendor contained in this
      Article, or in any certificates or documents delivered pursuant to the
      provisions of this Agreement or in connection with the transactions contemplated
      hereby, will be true at and as of the Effective Date. Notwithstanding any
      investigations or inquiries made by the Purchaser or by the Purchaser’s
      professional advisors, or the waiver of any condition by the Purchaser, the
      representations, warranties and covenants of the Vendor contained in this
      Article shall continue in full force and effect for a period of twelve (12)
      months from the Effective Date; provided, however, that the Vendor shall not
      be
      responsible for the breach of any representation, warranty or

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    covenant
      of the Vendor contained herein caused by any act or omission of the Purchaser.
      In the event that any of the representations, warranties or covenants of the
      Vendor are found by a Court of competent jurisdiction to be incorrect and such
      incorrectness results in any loss or damage sustained, directly or indirectly,
      by the Purchaser, then the Vendor will pay the amount of such loss or damage
      to
      the Purchaser within 30 calendar days of receiving notice of judgment therefor;
      provided that the Purchaser will not be entitled to make any claim unless the
      loss or damage suffered may exceed the amount of $10,000.

    

    

    Article
      5

    WARRANTIES,
      REPRESENTATIONS AND COVENANTS BY THE PURCHASER

    

    5.1  Warranties,
      Representations and Covenants by the Purchaser.
      In
      order to induce the Vendor to enter into and consummate this Agreement, the
      Purchaser hereby warrants to and represents to the Vendor that, to the best
      of
      the informed knowledge, information and belief of the Purchaser, after having
      made due inquiry:

    

    (a) the
      Purchaser is duly incorporated under the laws of its jurisdiction of
      incorporation and is validly existing and in good standing with respect to
      all
      statutory filings required by the applicable corporate laws;

    

    
      	
               

            	
              (b)

            	
              the
                execution and delivery of this Agreement and the agreements contemplated
                hereby has been duly authorized by all necessary corporate action
                on its
                part;

            

    

    

    
      	
               

            	
              (c)

            	
              there
                are no consents, approvals or conditions precedent to the performance
                of
                this Agreement;

            

    

    

    
      	
               

            	
              (d)

            	
              this
                Agreement constitutes a legal, valid and binding obligation of the
                Purchaser enforceable against the Purchaser in accordance with its
                terms,
                except as enforcement may be limited by laws of general application
                affecting the rights of creditors;

            

    

    

    
      	
               

            	
              (e)

            	
              no
                proceedings are pending for, and the Purchaser is unaware of, any
                basis
                for the institution of any proceedings leading to the dissolution
                or
                winding up of the Purchaser or the placing of the Purchaser in bankruptcy
                or subject to any other laws governing the affairs of insolvent
                companies;

            

    

    

    
      	
               

            	
              (f)

            	
              the
                Purchaser is not in breach of any laws, ordinances, statutes, regulations,
                by-laws, orders or decrees to which it is subject or which apply
                to
                it;

            

    

    

    
      	
               

            	
              (g)

            	
              there
                has been and there will be prepared and filed on a timely basis all
                federal and state income tax returns, elections and designations,
                and all
                other governmental returns, notices and reports of which the Purchaser
                had, or ought reasonably to have had, knowledge required to be or
                reasonably capable of being filed with respect to the operations
                of the
                Purchaser, and no such returns, elections, designations, notices
                or
                reports contain or will contain any material misstatement or omit
                any
                material statement that should have been included, and each such
                return,
                election, designation, notice or report, including accompanying schedules
                and statements, is and will be true, correct and complete in all
                material
                respects;

            

    

     

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

     

    
      	
               

            	
              (h)

            	
              the
                making of this Agreement and the completion of the transactions
                contemplated hereby and the performance of and compliance with the
                terms
                hereof does not and will not:

            

    

    

    
      	
               

            	
               

            	
              (i)

            	
              conflict
                with or result in a breach of or violate any of the terms, conditions
                or
                provisions of the constating documents of the
                Purchaser;

            

    

    

    
      	
               

            	
               

            	
              (ii)

            	
              conflict
                with or result in a breach of or violate any of the terms, conditions
                or
                provisions of any law, judgment, order, injunction, decree, regulation
                or
                ruling of any Court or governmental authority, domestic or foreign,
                to
                which the Purchaser is subject, or constitute or result in a default
                under
                any agreement, contract or commitment to which the Purchaser is a
                party;

            

    

    

    
      	
               

            	
               

            	
              (iii)

            	
              give
                to any party the right of termination, cancellation or acceleration
                in or
                with respect to any agreement, contract or commitment to which the
                Purchaser is a party;

            

    

    

    
      	
               

            	
               

            	
              (iv)

            	
              give
                to any government or governmental authority, or any municipality
                or any
                subdivision thereof, including any governmental department, commission,
                bureau, board or administration agency, any right of termination,
                cancellation or suspension of, or constitute a breach of or result
                in a
                default under, any permit, license, control or authority issued to
                the
                Purchaser which is necessary or desirable in connection with the
                conduct
                and operations of its business and the ownership or leasing of its
                business assets; or

            

    

    

    
      	
               

            	
               

            	
              (v)

            	
              constitute
                a default by the Purchaser, or any event which, with the giving of
                notice
                or lapse of time or both, might constitute an event of default, under
                any
                agreement, contract, indenture or other instrument relating to any
                indebtedness of the Purchaser which would give any party to that
                agreement, contract, indenture or other instrument the right to accelerate
                the maturity for the payment of any amount payable under that agreement,
                contract, indenture or other
                instrument;

            

    

    

    
      	
               

            	
              (i)

            	
              neither
                this Agreement nor any other document, certificate or statement furnished
                to the Vendor by or on behalf of the Purchaser in connection with
                the
                transactions contemplated hereby knowingly or negligently contains
                any
                untrue or incomplete statement of material fact or omits to state
                a
                material fact necessary in order to make the statements therein not
                misleading; 

            

    

     

    
      	
               

            	
              (j)

            	
              the
                Purchaser is not aware of any fact or circumstance which has not
                been
                disclosed to the Vendor which should be disclosed in order to prevent
                the
                representations, warranties and covenants contained in this section
                from
                being misleading or which would likely affect the decision of the
                Vendor
                to enter into this Agreement; and

            

    

    

    
      	
               

            	
              (k)

            	
              the
                Purchaser will employ good faith, due diligence, and best efforts
                to
                perform its obligations of this Agreement and will enter into such
                additional or collateral agreements as may be reasonably required
                to
                effect and complete the objects and intent of this
                Agreement.

            

    

     

     

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    5.2  Continuity
      of the Representations, Warranties and Covenants by the
      Purchaser.
      The
      representations, warranties and covenants of the Purchaser contained in this
      Article, or in any certificates or documents delivered pursuant to the
      provisions of this Agreement or in connection with the transactions contemplated
      hereby, will be true at and as of the Effective Date. Notwithstanding any
      investigations or inquiries made by the Vendor or by the Vendor’s respective
      professional advisors prior to the Effective Date, or the waiver of any
      condition by the Vendor, the representations, warranties and covenants of the
      Purchaser contained in this Article shall survive the Effective Date and shall
      continue in full force and effect for a period of twelve (12) months from the
      Effective Date; provided, however, that the Purchaser shall not be responsible
      for the breach of any representation, warranty or covenant of the Purchaser
      contained herein caused by any act or omission of the Vendor. In the event
      that
      any of the said representations, warranties or covenants are found by a Court
      of
      competent jurisdiction to be incorrect and such incorrectness results in any
      loss or damage sustained, directly or indirectly, by the Vendor, then the
      Purchaser will pay the amount of such loss or damage to the Vendor within 30
      calendar days of receiving notice of judgment therefor; provided that the Vendor
      will not be entitled to make any claim unless the loss or damage suffered may
      exceed the amount of $10,000.

    

    

    

    Article
      6 

    ADDITIONAL
      TERMS

    

    

    6.1  Opinions,
      Reports and Advice of the Vendor.
      The
      Vendor hereby acknowledges and agrees that all written and oral opinions,
      reports, advice and materials provided by the Vendor to the Purchaser in
      connection with the Assets hereunder are intended solely for the Purchaser’s
      benefit and for the Purchaser’s use only, and that any such written and oral
      opinions, reports, advice and information are the exclusive property of the
      Purchaser. In this regard the Vendor hereby covenants and agrees that the
      Purchaser may utilize any such opinion, report, advice and materials for any
      other purpose whatsoever and, furthermore, may reproduce, disseminate, quote
      from and refer to, in whole or in part, at any time and in any manner, any
      such
      opinion, report, advice and materials in its sole and absolute
      discretion.

    

    6.2  Additional
      Documents and Acts by Vendor.
      The
      Vendor will also cause or deliver, or cause to be delivered, to the Purchaser,
      at the times stipulated, the following:

    

    
      	
               

            	
              (a)

            	
              upon
                the request of the Purchaser, all documentation as may be necessary
                and as
                may be required by counsel for the Purchaser, acting reasonably,
                to ensure
                that all of the Assets have been duly transferred, assigned and are
                registerable in the name of and for the benefit of the Purchaser
                under
                applicable corporate laws and including, without limitation, all
                necessary
                deeds, conveyances, bills of sale, assurances, transfers, contract
                assignments, sales agreement assignments, development agreement
                assignments, royalty assignments, license assignments, manufacturing
                agreement assignments, supply agreement assignments, consents and
                any
                other documents necessary or reasonably required effectively to transfer
                all of the Assets and the business of the Assets to the Purchaser
                with a
                good and marketable title, free and clear of all mortgages, liens,
                charges, pledges, claims, security interests or encumbrances
                whatsoever;

            

    

    

    
      	
               

            	
              (b)

            	
              within
                10 days of the Effective Date, a certified copy of the resolutions
                of the
                directors and shareholders of the Vendor authorizing the transfer
                by the
                Vendor to the Purchaser of all of the Assets in accordance with the
                terms
                of this Agreement;

            

    

    

    
      	
               

            	
              (c)

            	
              within
                30 days of the Effective Date, all necessary consents and approvals
                in
                writing to the completion of the transactions contemplated herein
                and
                including, without limitation, approval from all Regulatory Authorities
                having jurisdiction over the Vendor and the Assets or a certificate
                of
                counsel of the Vendor that no such consents are required;
                and

            

    

     

    
      	
               

            	
              (d)

            	
              within
                30 days of the Effective Date all records, engineering specifications
                and
                reports, patents, books, and other documentation pertinent to the
                Assets
                and all molds, inventory, customer lists, supply contracts, manufacturing
                contracts, and all and every part of such matters pertaining to the
                Assets.

            

    

    

    

    6.3  Additional
      Documents and Acts by Purchaser.
      The
      Purchaser will also cause or deliver, or cause to be delivered, to the Vendor
      or
      the Shareholders, as appropriate, at the times stipulated, the
      following:

    

    (a) within
      40
      days of the date of this Agreement, the Purchaser shall pay $15,149 and shall
      issue 15,000 shares into the name ofSami Salibi

    

    

    6.4  Non-disclosure.
      The
      Parties hereto, for themselves, their officers, directors, shareholders,
      consultants, employees and agents, agree that they each will not disseminate
      or
      disclose, or knowingly allow, permit or cause others to disseminate or disclose
      to third parties who are not subject to express or implied covenants of
      confidentiality, without the other Parties’ express written consent, either: (i)
      the fact or existence of this Agreement or discussions and/or negotiations
      between them involving, inter
      alia,
      possible business transactions; (ii) the possible substance or content of those
      discussions; (iii) the possible terms and conditions of any proposed
      transaction; (iv) any statements or representations (whether verbal or written)
      made by either Party in the course of or in connection with those discussions;
      or (v) any written material generated by or on behalf of any Party and such
      contacts, other than such disclosure as may be required under applicable
      securities legislation or regulations, pursuant to any order of a Court or
      on a
“need to know” basis to each of the Parties’ respective professional
      advisors.

    

    

    6.5  Confidential
      Information.
      Each
      Party hereto acknowledges that any and all information which a Party may obtain
      from, or have disclosed to it, about the other Parties constitutes valuable
      trade secrets and proprietary confidential information of the other Parties
      (collectively, the “Confidential
      Information”).
      No
      such Confidential Information shall be published by any Party without the prior
      written consent of the other Parties hereto, however, such consent in respect
      of
      the reporting of factual data shall not be unreasonably withheld, and shall
      not
      be withheld in respect of information required to be publicly disclosed pursuant
      to applicable securities or corporation laws. Furthermore, each Party hereto
      undertakes not to disclose the Confidential Information to any third party
      without the prior written approval of the other Parties and to ensure that
      any
      third party to which the Confidential Information is disclosed shall execute
      an
      agreement and undertaking on the same terms as contained herein.

    

    6.6      Impact
      of Breach of Confidentiality.
      The
      Parties hereto acknowledge that the Confidential Information is important to
      the
      respective businesses of each of the Parties and that, in the event of
      disclosure of the Confidential Information, except as authorized hereunder,
      the
      damage to each of the Parties hereto, or to either of them, may be irreparable.
      For the purposes of the foregoing sections the

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    Parties
      recognize and hereby agree that a breach by any of the Parties of any of the
      covenants therein contained would result in irreparable harm and significant
      damage to each of the other Parties that would not be adequately compensated
      for
      by monetary award. Accordingly, the Parties agree that in the event of any
      such
      breach, in addition to being entitled as a matter of right to apply to a Court
      of competent equitable jurisdiction for relief by way of restraining order,
      injunction, decree or otherwise as may be appropriate to ensure compliance
      with
      the provisions hereof, any such Party will also be liable to the other Parties,
      as liquidated damages, for an amount equal to the amount received and earned
      by
      such Party as a result of and with respect to any such breach. The Parties
      also
      acknowledge and agree that if any of the aforesaid restrictions, activities,
      obligations or periods are considered by a Court of competent jurisdiction
      as
      being unreasonable, the Parties agree that said Court shall have authority
      to
      limit such restrictions, activities or periods as the court deems proper in
      the
      circumstances. In addition, the Parties further acknowledge and agree that
      all
      restrictions or obligations in this Agreement are necessary and fundamental
      to
      the protection of the respective businesses of each of the Parties and are
      reasonable and valid, and all defenses to the strict enforcement thereof by
      either of the Parties are hereby waived by the other Parties.

     

    6.7  Events.
      If any
      Party hereto is at any time prevented or delayed in complying with any
      provisions of this Agreement by reason of strikes, walk-outs, labour shortages,
      power shortages, fires, wars, acts of God, earthquakes, storms, floods,
      explosions, accidents, protests or demonstrations by environmental lobbyists
      or
      native rights groups, delays in transportation, breakdown of machinery,
      inability to obtain necessary materials in the open market, unavailability
      of
      equipment, governmental regulations restricting normal operations, shipping
      delays or any other reason or reasons beyond the control of that Party, then
      the
      time limited for the performance by that Party of its respective obligations
      hereunder shall be extended by a period of time equal in length to the period
      of
      each such prevention or delay.

    

    6.8  Notice.
      A Party
      shall, within seven calendar days, give notice to the other Party of each event
      of force
      majeure
      under
      section “14.1” hereinabove, and upon cessation of such event shall furnish the
      other Party with notice of that event together with particulars of the number
      of
      days by which the obligations of that Party hereunder have been extended by
      virtue of such event of force
      majeure
      and all
      preceding events of force
      majeure.

    

    

    6.9  Default.
      The
      Parties hereto agree that if any Party hereto is in default with respect to
      any
      of the provisions of this Agreement (herein called the “Defaulting
      Party”),
      the
      non-defaulting Party (herein called the “Non-Defaulting
      Party”)
      shall
      give notice to the Defaulting Party designating such default, and within 10
      calendar days after its receipt of such notice, the Defaulting Party shall
      cure
      such default, or commence proceedings to cure such default and prosecute the
      same to completion without undue delay.

    

    

    6.10  Indemnification.
      The
      Parties hereto agree to indemnify and save harmless the other Party hereto,
      including its respective affiliates and their respective directors, officers,
      employees and agents (each such party being an “Indemnified
      Party”)
      from
      and against any and all losses, claims, actions, suits, proceedings, damages,
      liabilities or expenses of whatever nature or kind, including any investigation
      expenses incurred by any Indemnified Party, to which an Indemnified Party may
      become subject by reason of an act or inaction of the other Party.

    

    6.11  Claim
      of Indemnification.
      The
      Parties hereto agree to waive any right they might have of first requiring
      the
      Indemnified Party to proceed against or enforce any other right, power, remedy,
      security or claim payment from any other person before claiming this
      indemnity.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    6.12  Notice
      of Claim.
      In case
      any action is brought against an Indemnified Party in respect of which indemnity
      may be sought against any of the Parties hereto, the Indemnified Party will
      give
      the relevant Party hereto prompt written notice of any such action of which
      the
      Indemnified Party has knowledge and such Party will undertake the investigation
      and defense thereof on behalf of the Indemnified Party, including the prompt
      retaining of counsel acceptable to the Indemnified Party affected and the
      payment of all expenses. Failure by the Indemnified Party to so notify shall
      not
      relieve any Party hereto of such Party’s obligation of indemnification hereunder
      unless (and only to the extent that) such failure results in a forfeiture by
      any
      Party hereto of substantive rights or defenses.

    

    6.13  Settlement.
      No
      admission of liability and no settlement of any action shall be made without
      the
      consent of the Indemnified Party affected, such consent not to be unreasonably
      withheld.

     

    6.14  Legal
      Proceedings.
      Notwithstanding that the relevant Party hereto will undertake the investigation
      and defense of any action, an Indemnified Party will have the right to employ
      separate counsel in any such action and participate in the defense thereof,
      but
      the fees and expenses of such counsel will be at the expense of the Indemnified
      Party unless:

    

    
      	
               

            	
              (a)

            	
              such
                counsel has been authorized by the relevant Party
                hereto;

            

    

    

    
      	
               

            	
              (b)

            	
              the
                relevant Party hereto has not assumed the defense of the action within
                a
                reasonable period of time after receiving notice of the
                action;

            

    

    

    
      	
               

            	
              (c)

            	
              the
                named parties to any such action include that any Party hereto and
                the
                Indemnified Party shall have been advised by counsel that there may
                be a
                conflict of interest between any Party hereto and the Indemnified
                Party;
                or

            

    

    

    
      	
               

            	
              (d)

            	
              there
                are one or more legal defenses available to the Indemnified Party
                which
                are different from or in addition to those available to any Party
                hereto.

            

    

    

    

    6.15  Notice.
      Each
      notice, demand or other communication required or permitted to be given under
      this Agreement shall be in writing and shall be sent by prepaid registered
      mail
      addressed to the Party entitled to receive the same, or delivered to such Party,
      at the address for such Party specified above. The date of receipt of such
      notice, demand or other communication shall be the date of delivery thereof
      if
      delivered, or, if given by registered mail as aforesaid, shall be deemed
      conclusively to be the third calendar day after the same shall have been so
      mailed, except in the case of interruption of postal services for any reason
      whatsoever, in which case the date of receipt shall be the date on which the
      notice, demand or other communication is actually received by the addressee.
      Either Party may at any time and from time to time notify the other Party in
      writing of a change of address and the new address to which notice shall be
      given to it thereafter until further change.

    

    

    Article
      7

    GENERAL
      PROVISIONS

    

    7.1  Entire
      Agreement.
      This
      Agreement constitutes the entire agreement to date between the Parties hereto
      and supersedes every previous agreement, communication, expectation,
      negotiation, representation or understanding, whether oral or written, express
      or implied, statutory or otherwise, between the Parties hereto with respect
      to
      the subject matter of this Agreement.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    7.2  Enurement.
      This
      Agreement will enure to the benefit of and will be binding upon the Parties
      hereto, their respective heirs, executors, administrators and
      assigns.

    

    7.3  Schedules.
      The
      Schedules to this Agreement are hereby incorporated by reference into this
      Agreement in its entirety.

    

    7.4  Time
      of the Essence.
      Time
      will be of the essence of this Agreement.

    

    7.5  Representation
      and Costs.
      It is
      hereby acknowledged by each of the Parties hereto that, as between the Parties
      hereto, John D. Briner Law Corporation, acts solely for the Purchaser, and
      that
      the Vendor has been advised to obtain independent legal advice with respect
      to
      their respective reviews and execution of this Agreement. In addition, it is
      hereby further acknowledged and agreed by the Parties hereto that each Party
      to
      this Agreement will bear and pay its own costs, legal and otherwise, in
      connection with its respective preparation, review and execution of this
      Agreement and, in particular, that the costs involved in the preparation of
      this
      Agreement, and all documentation necessarily incidental thereto, shall be at
      the
      cost of the Purchaser.

     

    7.6  Applicable
      Law.
      The
      situs of this Agreement is Phoenix, Arizona, and for all purposes this Agreement
      will be governed exclusively by and construed and enforced in accordance with
      the laws and Courts prevailing in the State of Arizona.

    

    7.7  Further
      Assurances.
      The
      Parties hereto hereby, jointly and severally, covenant and agree to forthwith,
      upon request, execute and deliver, or cause to be executed and delivered, such
      further and other deeds, documents, assurances and instructions as may be
      required by the Parties hereto or their respective counsel in order to carry
      out
      the true nature and intent of this Agreement.

    

    7.8  Currency.
      Unless
      otherwise stipulated, all payments required to be made pursuant to the
      provisions of this Agreement and all money amount references contained herein
      are in lawful currency of the U.S.A.

    

    7.9  Severability
      and Construction.
      Each
      Article, section, paragraph, term and provision of this Agreement, and any
      portion thereof, shall be considered severable, and if, for any reason, any
      portion of this Agreement is determined to be invalid, contrary to or in
      conflict with any applicable present or future law, rule or regulation in a
      final unappealable ruling issued by any court, agency or tribunal with valid
      jurisdiction in a proceeding to any of the Parties hereto is a party, that
      ruling shall not impair the operation of, or have any other effect upon, such
      other portions of this Agreement as may remain otherwise intelligible (all
      of
      which shall remain binding on the Parties and continue to be given full force
      and agreement as of the date upon which the ruling becomes final).

    

    7.10  Captions.
      The
      captions, section numbers and Article numbers appearing in this Agreement are
      inserted for convenience of reference only and shall in no way define, limit,
      construe or describe the scope or intent of this Agreement nor in any way affect
      this Agreement.

    

    7.11  Counterparts.
      This
      Agreement may be signed by the Parties hereto in as many counterparts as may
      be
      necessary and, if required, by facsimile, each of which so signed being deemed
      to be an original, and such counterparts together shall constitute one and
      the
      same instrument and

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    notwithstanding
      the date of execution will be deemed to bear the Execution Date as set forth
      on
      the front page of this Agreement. 

    

    7.12  Consents
      and Waivers.
      No
      consent or waiver expressed or implied by either Party hereto in respect of
      any
      breach or default by any other Party in the performance by such other of its
      obligations hereunder shall:

    

    
      	
               

            	
              (a)

            	
              be
                valid unless it is in writing and stated to be a consent or waiver
                pursuant to this section;

            

    

    

    
      	
               

            	
              (b)

            	
              be
                relied upon as a consent to or waiver of any other breach or default
                of
                the same or any other obligation;

            

    

    

    
      	
               

            	
              (c)

            	
              constitute
                a general waiver under this Agreement;
                or

            

    

    

    
      	
               

            	
              (d)

            	
              eliminate
                or modify the need for a specific consent or waiver pursuant to this
                section in any other or subsequent
                instance.

            

    

     

     

    

    IN
      WITNESS WHEREOF
      each of
      the Parties hereto has set their respective hands and seals in the presence
      of
      their duly authorized signatories as of the Execution Date determined
      hereinabove.

                                                

    
      	 	 	 	 
	/s/ SAMI
              SALIBI 	 	 	 
	
              
SAMI
              SALIBI 	
               
                

              )

            	 	
            
	 	 	 	
            
	 	 	 	 
	The COMMON SEAL of 	) 	 	 
	THE TRADESHOW MARKETING
              	) 	 	 
	COMPANY
              LTD	) 	 	 
	the Purchaser herein,  	) 	 	 
	was hereunto affixed in the presence
              of:	) 	(c/s)	 
	 	) 	 	 
	 	)	 	 
	
              /s/  Peggie-Ann Kirk  

              
                

              
Authorized Signatory	) 	 	
            

    

     

                                                          

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    SCHEDULE
      “A”

    

    List
      of
      Assets being sold by the Vendor to the Purchaser

    

    

    THIS
      IS SCHEDULE “A” to the Asset Purchase Agreement , between Sami Salibi.
      (the vendor) and The Tradeshow Marketing Co. Ltd.(the purchaser) 

    dated
      the
      20 day of July, 2005

    

    The
      Vendor, Sami Salibi, agrees to sell to the assets as set out below, to the
      Purchaser, The Tradeshow Marketing Co. Ltd for the sum of $30,149 USD which
      is
      to be paid as follows:

    

    
      	 	
              ·

            	
              $15,149
                USD shall be payable in cash, on or before August 31,
                2005

            

    

    
      	 	
              ·

            	
              $15,000
                USD shall be payable in the common shares of The Tradeshow Marketing
                Company Ltd. (the “Shares”). The Shares shall be issued to the Vendor
                and/or his assign at a deemed price of $1.00 per share. If however,
                the
                share price is below $1.00 per share at the end of twelve (12) months
                from
                the date of this Agreement, then the Purchaser shall issue additional
                shares to the Vendor to ensure that the Shares issued under this
                have an
                aggregate market value of at least $15,000USD.

            

    

    

    The
      Assets

     

    Product
      for Re-sale having an aggregate value of $ 20,149 USD

    

    Equipment:
      fixtures, shelving, video surveillance equipment, 2 computers, 2 cash registers
      and 2 credit card machines having an aggregate value of $ 10,000 USD

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    SCHEDULE
      “B”

    

    Assignment
      of Sub Lease for Paradise Valley Mall outlet

    

    THIS
      IS SCHEDULE “B” to the Asset Purchase Agreement , between Sami Salibi.
      (the vendor) and The Tradeshow Marketing Co. Ltd.(the purchaser) 

    dated
      the
      20 day of July, 2005 

    

    The
      Vendor hereby agrees to sub lease the retail outlet located at Paradise Valley
      Mall and bearing license # E-16 , to the Purchaser. The sub-lease shall extend
      from July 20, 2005 to December 31st , 2008 or until such time earlier
      where the lease is assigned directly into the name of The Tradeshow Marketing
      Co
      Ltd. The Purchaser agrees to pay the Vendor the sum of $4,205.61USD per month
      for the duration of this sub lease, or until such time earlier as the lease
      is
      assigned directly into the name of the Purchaser.

     

    

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    SCHEDULE
      “C”

    

    Assignment
      of Sub Lease for Arrowhead Town Center outlet

    

    THIS
      IS SCHEDULE “C” to the Asset Purchase Agreement , between Sami Salibi.
      (the vendor) and The Tradeshow Marketing Co. Ltd.(the purchaser) 

    dated
      the
      20 day of July, 2005 

    

    The
      Vendor hereby agrees to sub lease the retail outlet located at Arrowhead Town
      Center bearing license # 2163, to the Purchaser. The sub-lease shall extend
      from
      July 20, 2005 to December 31st , 2008 or until such time earlier
      where the lease is assigned directly into the name of The Tradeshow Marketing
      Co
      Ltd. The Purchaser agrees to pay the Vendor the sum of $3,839.871USD per month
      for the duration of this sub lease, or until such time earlier as the lease
      is
      assigned directly into the name of the Purchaser.Exhibit 10.1

    ASSET
      PURCHASE AGREEMENT

    

    THIS
      AGREEMENT dated
      the
      10th day of October 2006.

    

    BETWEEN:

    

    LAIRD
      EXPLORATIONS INC. 

    

    (the
      “Vendor”)

    

    OF
      THE FIRST PART

    

    AND:

    CHAMELEON
      GEMS INC.

    

    (the
      “Purchaser”)

    

    OF
      THE SECOND PART

    

    WHEREAS:

    

    A. The
      Vendor is the registered and beneficial owner of various mineral claims
      (hereinafter the “Claims”),
      collectively called The Red Streak Property. The Claims of the Vendor are more
      particularly described in Schedule “A” attached hereto and forming part of this
      Agreement;

    

    B. The
      Vendor has agreed to sell and the Purchaser has agreed to purchase all of the
      Claims of the Vendor in accordance with the terms of this
      Agreement.

    

    NOW
      THEREFORE THIS AGREEMENT WITNESSES
      that in
      consideration of the terms and covenants herein and other good and valuable
      consideration, the receipt and sufficiency of which each party acknowledges,
      the
      parties hereto agree as follows:

    

    1. PURCHASE
      AND SALE OF ASSETS

    

    1.1 Sale
      of Assets.
      Subject
      to the terms and conditions of this Agreement, the Vendor hereby sells, assigns
      and transfers to the Purchaser, and the Purchaser hereby purchases the Vendor’s
      Claims.

    

    
      	
              1.2

            	
              Purchase
                Price.
                The purchase price payable by the Purchaser to the Vendor for the
                Vendor’s
                Claims is $10,000.00 (the “Purchase
                Price”).

            

    

    

    
      	
              1.3

            	
              Payment
                of the Purchase Price. The
                Purchase Price will be paid by the delivery of a
                cheque.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    1.4 Delivery
      of Claims. The
      Vendor delivers to the Purchaser, on execution hereof, all of the Claims
      unconditionally and free and clear of all liens, charges, or encumbrances,
      except where disclosed.

    

    2. COVENANTS
      OF THE PARTIES

    

    2.1 Covenants.
      The
      parties undertake to keep the information with respect to this Agreement, the
      terms herein, and any related, underlying or subsequent agreements (the
“Information”)
      confidential and not to directly or indirectly disclose the Information at
      any
      time to any person or persons or use the Information for any purpose
      whatsoever.

    

    

    3. REPRESENTATIONS
      OF THE VENDOR

    

    3.1 Representations.
      The
      Vendor represents and warrants to the Purchaser as follows, with the intent
      that
      the Purchaser will rely on the representations in entering into this Agreement,
      and in concluding the purchase and sale contemplated by this
      Agreement:

    

    
      	 	
              (a)

            	
              Capacity
                to Sell.
                The Vendor is a corporation duly incorporated, validly existing and
                in
                good standing under the laws of British Columbia, and has the power
                and
                capacity to own and dispose of the Claims, and to enter into this
                Agreement and carry out its terms to the full
                extent;

            

    

    

    
      	 	
              (b)

            	
              Authority
                to Sell.
                The execution and delivery of this Agreement, and the completion
                of the
                transaction contemplated by this Agreement has been duly and validly
                authorized by all necessary corporate action on the part of the Vendor,
                and this Agreement constitutes a legal, valid and binding obligation
                of
                the Vendor enforceable against the Vendor in accordance with its
                terms
                except as may be limited by laws of general application affecting
                the
                rights of creditors;

            

    

    

    
      	 	
              (c)

            	
              Sale
                Will Not Cause Default.
                Neither the execution and delivery of this Agreement, nor the completion
                of the purchase and sale contemplated by this Agreement
                will:

            

    

    

    
      	 	
              (i)

            	
              violate
                any of the terms and provisions of the constating documents or bylaws
                or
                articles of the Vendor, or any order, decree, statute, bylaw, regulation,
                covenant, restriction applicable to the Vendor or the
                Claims;

            

    

    

    
      	 	
              (ii)

            	
              give
                any person the right to terminate, cancel or otherwise deal with
                the
                Claims; or

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      	 	
              (iii)

            	
              result
                in any fees, duties, taxes, assessments or other amounts relating
                to the
                Claims becoming due or payable other than tax payable by the Purchaser
                in
                connection with the purchase and
                sale;

            

    

    

    
      	 	
              (d)

            	
              Encumbrances.
                The Vendor owns and possesses and has a good marketable title to
                the
                Claims free and clear of all legal claims, mortgages, liens, charges,
                pledges, security interest, encumbrances or other claims, except
                where as
                disclosed;

            

    

    

    
      	 	
              (e)

            	
              Litigation.
                There is no litigation or administrative or governmental proceeding
                or
                inquiry pending or, to the knowledge of the Vendor, threatened against
                or
                relating to the Claims, nor does the Vendor know of or have reasonable
                grounds that there is any basis for any such action, proceeding or
                inquiry;

            

    

    

    
      	 	
              (f)

            	
              No
                Defaults.
                Except as otherwise expressly disclosed in this Agreement there has
                not
                been any default in any obligation to be performed under any of the
                Claims, which are in good standing and in full force and appropriate
                effect; and

            

    

    

    
      	 	
              (g)

            	
              Good
                Standing.
                Prior to closing this Agreement, the Vendor will maintain, as required,
                the Claims in good standing.

            

    

    

    4. COVENANTS
      OF THE VENDOR

    

    4.1 Procure
      Consents.
      The
      Vendor will diligently and expeditiously take all reasonable steps requested
      by
      the Purchaser to obtain all necessary consents to effect the transfer of the
      Claims.

    

    4.2 Covenant
      of Indemnity.
      The
      Vendor will indemnify and hold harmless the Purchaser from and
      against:

    

    
      	 	
              (a)

            	
              any
                and all liabilities, whether accrued, absolute, contingent or otherwise,
                existing at closing and which are not agreed to be assumed by the
                Purchaser under this Agreement;

            

    

    

    
      	 	
              (b)

            	
              any
                and all losses, claims, damages and costs incurred or suffered by
                the
                Purchaser arising out of the breach or inaccuracy of any representation
                or
                warranty of the Vendor contained in this Agreement;
                and

            

    

    

    
      	 	
              (c)

            	
              any
                and all actions, suits, proceedings, demands, assessments, judgments,
                costs and legal and other expenses incident to any of the
                foregoing.

            

    

    

    
      	
              4.3

            	
              Execution
                of all necessary documents. The
                Vendor will execute all necessary documents including such assignments
                as
                the Purchaser may require to effect
                the

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    transfer
      of all of the Claims, including but not limited to, internet contracts and
      internet names.

    

    5. REPRESENTATIONS
      OF THE PURCHASER

    

    5.1 Representations.
      The
      Purchaser represents and warrants to the Vendor as follows, with the intent
      that
      the Vendor will rely on these representations and warranties in entering into
      this Agreement, and in concluding the purchase and sale contemplated by this
      Agreement:

    

    
      	 	
              (a)

            	
              Status
                of Purchaser.
                The Purchaser is a corporation duly incorporated, validly existing
                and in
                good standing and has the power and capacity to enter into this Agreement
                and carry out its terms; and

            

    

    

    
      	 	
              (b)

            	
              Authority
                to Purchase.
                The execution and delivery of this Agreement and the completion of
                the
                transaction contemplated by this Agreement has been duly and validly
                authorized by all necessary corporate action on the part of the Purchaser,
                and this Agreement constitutes a legal, valid and binding obligation
                of
                the Purchaser enforceable against the Purchaser in accordance with
                its
                terms except as limited by laws of general application affecting
                the
                rights of creditors.

            

    

    

    6. COVENANTS
      OF THE PURCHASER

    

    
      	
              6.1

            	
              Consents.
                The Purchaser will at the request of the Vendor execute and deliver
                such
                applications for consent and such assumption agreements, and provide
                such
                information as may be necessary to obtain the consents referred to
                in
                paragraph 4.1 and will assist and cooperate with the Vendor in obtaining
                the consents.

            

    

    

    
      	
              6.2

            	
              Execution
                of all necessary documents. The
                Purchaser will execute all necessary documents as the Vendor may
                require
                to effect the transfer of all of the
                Claims.

            

    

    

    7. SURVIVAL
      OF REPRESENTATIONS AND COVENANTS

    

    7.1 Vendor's
      Representations and Covenants.
      All
      representations, covenants and agreements made by the Vendor in this Agreement
      or under this Agreement will, unless otherwise expressly stated, survive closing
      and any investigation at any time made by or on behalf of the Purchaser will
      continue in full force and effect for the benefit of the Purchaser.

    

    7.2 Purchaser’s
      Representations and Covenants.
      All
      representations, covenants and agreements made by the Purchaser in this
      Agreement or under this Agreement will, unless otherwise expressly stated,
      survive closing and any investigation at any time made by or on behalf of the
      Vendor and will continue in full force and effect for the benefit of the
      Vendor.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    8. LIABILITIES
      NOT ASSUMED

    

    8.1 Liabilities
      Not Assumed.
      The
      Purchaser will not assume any liabilities of the Vendor. The Purchaser will
      not
      be responsible for any liability of the Vendor, past, present or future,
      relating to the Claims, and the Vendor will indemnify and save harmless the
      Purchaser from and against any such claim.

    

    
      	
              9.

            	
              CONDITIONS
                PRECEDENT TO THE OBLIGATIONS OF THE
                PURCHASER

            

    

    

    9.1 Conditions.
      All
      obligations of the Purchaser under this Agreement are subject to the fulfillment
      of the following conditions:

    

    
      	 	
              (a)

            	
              Vendor's
                Representations.
                The Vendor’s representations contained in this Agreement will be
                true.

            

    

    

    
      	 	
              (b)

            	
              Vendor’s
                Covenants.
                The Vendor will have performed and complied with all agreements,
                covenants
                and conditions as required by this
                Agreement.

            

    

    

    
      	 	
              (c)

            	
              Consents.
                The Purchaser will have received duly executed copies of the consents
                or
                approvals referred to in paragraph
                4.1.

            

    

    

    9.2 Exclusive
      Benefit.
      The
      foregoing conditions are for the exclusive benefit of the Purchaser and any
      such
      condition may be waived in whole or in part by the Purchaser delivering to
      the
      Vendor a written waiver to that effect signed by the Purchaser.

    

    10. CONDITIONS
      PRECEDENT TO THE OBLIGATIONS OF THE VENDOR

    

    10.1 Conditions.
      All
      obligations of the Vendor under this Agreement are subject to the fulfillment
      of
      the following conditions:

    

    
      	 	
              (a)

            	
              Purchaser's
                Representations.
                The Purchaser’s representations contained in this Agreement will be
                true.

            

    

    

    
      	 	
              (b)

            	
              Purchaser’s
                Covenants.
                The Purchaser will have performed and complied with all covenants,
                agreements and conditions as required by this
                Agreement.

            

    

    

    
      	 	
              (c)

            	
              Consents
                of Third Parties.
                All consents or approvals required to be obtained by the Vendor for
                the
                purpose of selling, assigning or transferring the Claims have been
                obtained, provided that this condition may only be relied upon by
                the
                Vendor if the Vendor has diligently exercised its
                best

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    efforts
      to procure all such consents or approvals and the Purchaser has not waived
      the
      need for all such consents or approvals.

    

    10.2 Exclusive
      Benefit.
      The
      foregoing conditions are for the exclusive benefit of the Vendor and any such
      condition may be waived in whole or in part by the Vendor delivering to the
      Purchaser a written waiver to that effect signed by the Vendor.

    

    11. GENERAL

    

    
      	
              11.1

            	
              Governing
                Law.
                This Agreement and each of the documents contemplated by or delivered
                under or in connection with this Agreement are governed exclusively
                by,
                and are to be enforced, construed and interpreted exclusively in
                accordance with the laws of British Columbia which will be deemed
                to be
                the proper law of the Agreement.

            

    

    

    
      	
              11.2

            	
              Professional
                Fees.
                Each of the parties will bear the fees and disbursements of their
                respective lawyers, advisers and consultants engaged by them respectively
                in connection with the transactions contemplated by this Agreement
                prior
                to the closing.

            

    

    

    
      	
              11.3

            	
              Assignment.
                No party will assign this Agreement, or any part of this Agreement,
                without the prior written consent of the other party. Any purported
                assignment without the required consent is not binding or enforceable
                against any party.

            

    

    

    
      	
              11.4

            	
              Enurement.
                This Agreement enures to the benefit of and binds the parties and
                their
                respective successors and permitted
                assigns.

            

    

    

    
      	
              11.5

            	
              Notice.
                All notices required or permitted to be given under this Agreement
                will be
                in writing and personally delivered to the address of the intended
                recipient set out on the first page of this Agreement or at such
                other
                address as may from time to time be notified by any of the parties
                in the
                manner provided in this Agreement.

            

    

    

    
      	
              11.6

            	
              Further
                Assurances.
                The parties will execute and deliver all further documents and take
                all
                further action reasonably necessary or appropriate to give effect
                to the
                provisions and intent of this Agreement and to complete the transactions
                contemplated by this Agreement.

            

    

    

    
      	
              11.7

            	
              Remedies
                Cumulative.
                The rights and remedies under this Agreement are cumulative and are
                in
                addition to and not in substitution for any other rights and remedies
                available at law or in equity or otherwise. Any party to this Agreement
                may terminate this Agreement if any other party is in breach of or
                defaults under any material term or condition of this Agreement or
                has
                made a material misrepresentation in this Agreement. No single or
                partial
                exercise by a party of any right or remedy precludes or otherwise
                affects
                the exercise of any other right or remedy to which that party may
                be
                entitled.

            

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    
      	
              11.8

            	
              Entire
                Agreement.
                This Agreement constitutes the entire agreement between the parties
                and
                there are no representations, express or implied, statutory or otherwise
                and no collateral agreements other than as expressly set out or referred
                to in this Agreement.

            

    

    

    
      	
              11.9

            	
              Headings.
                The division of this Agreement into sections and the insertion of
                headings
                are for convenience only and do not form part of this Agreement and
                will
                not be used to interpret, define or limit the scope, extent or intent
                of
                this Agreement.

            

    

    

    
      	
              11.10

            	
              Severability.
                Each provision of this Agreement is severable. If any provision of
                this
                Agreement is or becomes illegal, invalid or unenforceable, the illegality,
                invalidity or unenforceability of that provision will not affect
                the
                legality, validity or enforceability of the remaining provisions
                of this
                Agreement.

            

    

    

    
      	
              11.11

            	
              Schedules.
                The Schedules attached hereto form an integral part of this
                Agreement.

            

    

    

    
      	
              11.12

            	
              Time
                of the Essence.
                Time will be of the essence of this
                Agreement.

            

    

    

    
      	
              11.13

            	
              Counterparts.
                This Agreement and all documents contemplated by or delivered in
                connection with this Agreement may be executed and delivered by facsimile
                or original and in any number of counterparts, and each executed
                counterpart will be considered to be an original. All executed
                counterparts taken together will constitute one
                agreement.

            

    

    

    IN
      WITNESS WHEREOF
      the
      parties have duly executed this Agreement by their duly authorized officers
      effective the first day and year written above.

     

     

     

    
      	 VENDOR:
              LAIRD EXPLORATIONS INC.	 	 	 
	 	 	 	 
	 	 	 	 
	/s/ JAMES
              LAIRD	 	 	 
	
              
James
              Laird	 	 	
            
	 	 	 	 

    

     

    
      	
               PURCHASER:
                CHAMELEON GEMS INC.

               

               

               

            	 	 	 
	/s/ ESTHER
              BRINER	 	 	 
	
              
Esther
              Briner	 	 	
            
	
            	 	 	
            

    

     

    

    

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    

    SCHEDULE
      “A”

    

    

    THIS
      IS SCHEDULE “A”
      to the
      Asset Purchase Agreement.

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