Document:

Exhibit 4.3

 Exhibit 4.3 
 Genworth Life and Annuity Insurance Company 
 Funding Agreement 
 POLICYHOLDER: Genworth Global Funding Trust 2008-3, its successors and permitted assignees 
 POLICY NUMBER: GS-R6019 
 EFFECTIVE DATE: January 17, 2008 
 ISSUE STATE: Virginia 
 Genworth Life and Annuity Insurance Company
(“GLAIC”) (which term includes its successors and permitted assignees) and the Policyholder hereby agree to the terms of this funding agreement (this “Policy”). This Policy, including the attached Accumulation Fund Schedule, and
any amendments thereto, constitutes the entire contract between GLAIC and the Policyholder. This Policy is delivered in the Issue State and governed by the laws of that state. 
 In witness whereof, GLAIC and the Policyholder have agreed to this Policy as of the Effective Date and caused the same to be in full force and effect. 
  

					
			
	/s/ Thomas E. Duffy	 		 	/s/ Pamela S. Schutz
	Secretary	 		 	President

 Genworth Life and Annuity Insurance Company 
 6610 West Broad Street 
 Richmond, VA 23230 
 1-800-635-8056 

 Table of Contents 
  

			
		
	 Section 1 – Accumulation Fund – Establishment and Operation
	 	1
		
	 Section 2 – Payments From the Accumulation Fund
	 	1
		
	 Section 3 – Termination of Agreement
	 	2
		
	 Section 4 – General Provisions
	 	3
		
	 Section 5 – Definitions
	 	5

 SECTION 1 – ACCUMULATION FUND – ESTABLISHMENT AND OPERATION 
  

	1.1	POLICY PAYMENTS. The Policyholder agrees to pay to GLAIC in the currency specified in the Accumulation Fund Schedule (the “Specified Currency”), and by wire
transfer, the Net Deposit Amount on the Deposit Date. Regardless of the Effective Date of the Policy or the Deposit Date specified in the Accumulation Fund Schedule, this Policy shall become effective only upon the receipt by GLAIC, or its designee,
of the Net Deposit Amount. 

  

	1.2	ESTABLISHMENT OF THE ACCUMULATION FUND. Upon the receipt by GLAIC of the Net Deposit Amount, GLAIC will establish an Accumulation Fund. The Accumulation Fund is a general
account record that reflects the Fund Balance under this Policy. GLAIC is neither a trustee nor a fiduciary with respect to the Accumulation Fund. The Net Deposit Amount is allocated to GLAIC’s general account for investment but all funds
received under this Policy will become the exclusive property of GLAIC without any duty or requirement for segregation or separate investment. The Fund Balance is not affected by the investment results of the assets held in the general account.

  

	1.3	INTEREST ON THE ACCUMULATION FUND. The Guaranteed Rate for the Accumulation Fund is effective until the Fund Balance is paid in full to the Policyholder. Interest is credited
based upon the methodology specified in the Accumulation Fund Schedule. 

  

	1.4	VALUE OF THE ACCUMULATION FUND. The Fund Balance on any given day equals the Deposit Amount plus interest, if any, credited thereon at the Guaranteed Rate, less any payments
made under Section 2 of the Policy. 

 SECTION 2 – PAYMENTS FROM THE ACCUMULATION FUND 
  

	2.1	PERIODIC PAYMENTS. GLAIC will pay the Policyholder the amounts specified in the Accumulation Fund Schedule as Periodic Payouts, including the Maturity Payout, on the dates
specified (subject to Section 4.7). Such payment amounts are adjusted to reflect any other payment payable under this Section of the Policy. The interest factor used in making such adjustments is the Guaranteed Rate. 

 

	2.2	OPTIONAL REPAYMENT. If so indicated in the Accumulation Fund Schedule, GLAIC shall pay to the Policyholder the amount the Policyholder needs to redeem or repay any notes or
other instruments issued by the Policyholder and backed by this Policy, pursuant to any limited right of redemption or repayment contained in such note or instrument. GLAIC may require reasonable evidence that the redemption or repayment request
satisfies all the terms and conditions described in the prospectus, prospectus supplement and/or pricing supplement applicable to such note or other instrument. Additional restrictions, if any, on the Policyholder’s reimbursement rights under
this Section may be included in the Accumulation Fund Schedule. 

  

 1 

	2.3	OPTIONAL REDEMPTION. If so indicated in the Accumulation Fund Schedule, GLAIC may elect to pay the Policyholder all or any part of the Fund Balance on the Call Dates
specified in the Accumulation Fund Schedule. Unless otherwise provided in the Accumulation Fund Schedule, GLAIC will give the Policyholder at least thirty-five (35) calendar days and no more than seventy-five (75) calendar days notice of
its intent to make such pre-payment. No adjustment will be made to the amount of such payment, unless such adjustment is specifically provided for in the Accumulation Fund Schedule. 

  

	2.4	MATURITY PAYMENTS. GLAIC shall pay the Policyholder the Fund Balance on the Maturity Date. 

  

	2.5	FORM OF PAYMENT. All payments GLAIC makes to the Policyholder will be made in the Specified Currency, by wire transfer, unless otherwise agreed in writing by the parties
hereto. Unless otherwise stated in the Accumulation Fund Schedule, all payments GLAIC makes will be net of any applicable withholding or deduction for or on account of any present or future taxes, duties, levies, assessments or other governmental
charges of whatever nature imposed or levied by or on behalf of any governmental authority having the power to tax. Unless otherwise specified in the Accumulation Fund Schedule, such net payments fully satisfy GLAIC’s obligation to the
Policyholder with respect to the full amount due. 

 SECTION 3 – TERMINATION OF AGREEMENT 
  

	3.1	AUTOMATIC TERMINATION/ACCELERATION. This Policy terminates with respect to the Accumulation Fund when the Fund Balance is zero and GLAIC’s obligations hereunder shall
automatically accelerate upon the occurrence of an Event of Default described in Section 3.3(a). 

  

	3.2	EARLY TERMINATION/ACCELERATION. The Policyholder may accelerate this Policy by giving GLAIC not less than two (2) Business Days’ written notice upon the occurrence
of an Event of Default specified in Section 3.3 b., c. or d. below. GLAIC may accelerate this Policy, in whole but not in part, by giving the Policyholder not less than forty-five (45) days’, but no more than seventy-five
(75) days’, prior written notice of the occurrence of a Tax Event as described in Section 3.4, provided, however that this Policy shall not be terminated until the Fund Balance has been paid to the Policyholder in full.

  

	3.3	EVENTS OF DEFAULT. An Event of Default occurs if: 

  

	 	a.	GLAIC is dissolved or a resolution is passed or proceeding is instituted for the winding-up, liquidation or similar arrangement of GLAIC (other than pursuant to a consolidation,
amalgamation or merger); 

  

	 	b.	GLAIC breaches any material obligation, representation or certification contained herein, provided that there is no bona fide dispute as to whether such breach has occurred and that
such breach continues for fifteen (15) Business Days following the Policyholder’s written notice to GLAIC of such breach; 

  

 2 

	 	c.	GLAIC fails to make any required Periodic Payout (other than the Maturity Payout) described in the Accumulation Fund Schedule or any other payment described in Sections 2.2 or 2.3
of this Policy or any other funding agreement GLAIC issues in connection with the Program, and such failure continues for seven (7) Business Days after the due date thereof; 

  

	 	d.	GLAIC fails to make the Maturity Payout described in the Accumulation Fund Schedule or in any other funding agreement GLAIC issues in connection with the Program and such failure is
continuing as of the end of the Business Day following the due date thereof. 

  

	3.4	TAX EVENT. A “Tax Event” occurs if GLAIC has received an opinion of independent legal counsel stating in effect that there is more than an insubstantial risk that
as a result of any amendment to, or change (including any announced prospective change) in, the laws (or regulations thereunder) of the United States or any political subdivision or taxing authority thereof or therein or any amendment to, or change
in, an interpretation or application of any such laws or regulations by any governmental authority in the United States, which amendment or change is enacted, promulgated, issued or announced on or after the Deposit Date, the Policyholder is or will
be within ninety (90) days of the date thereof, (1) subject to an entity level U.S. federal income tax with respect to interest accrued or received on this Policy or (2) subject to more than a de minimis amount of taxes, duties or
other governmental charges. 

 Notwithstanding anything to the contrary in this Section 3, if GLAIC shall comply in all
respects with the requirements of this Section 3, but an event of default has occurred with respect to the notes backed by the Policy and as a result payments with respect to the notes have been accelerated, otherwise than by reason of any
default under this Policy by GLAIC, no Event of Default (as defined above) under this Policy shall be deemed to have occurred, no payments with respect to this Policy shall be accelerated and GLAIC will remain obligated to make payments under this
Policy as if no Event of Default had occurred with respect to the notes. 
 SECTION 4 – GENERAL PROVISIONS 
  

	4.1	PAYMENT UPON TERMINATION. Unless otherwise specified in the Accumulation Fund Schedule, GLAIC shall pay the Policyholder the Fund Balance on the Maturity Date. Such payment
fully discharges GLAIC’s obligation to the Policyholder under this Policy. 

  

	4.2	DISCLAIMER OF RESPONSIBILITY. GLAIC’s only liability is as set out in this Policy, including the Accumulation Fund Schedule attached hereto. In performing its
obligations under this Policy, GLAIC is not acting as a fiduciary or agent for the Policyholder or anyone else regardless of whether or not they are directly or indirectly associated with the Policyholder. 

  

	4.3	NOTICES. All agreements, notices, directions, consents, elections or other communication (“Notices”) required by this Policy must be in writing, directed to the
applicable address designated on the face page. Any such Notices may be given by facsimile transmission or other acceptable electronic means. All Notices are effective when received. 

  

 3 

	4.4	AMENDMENTS. This Policy may be amended only by mutual written agreement between the parties hereto. 

  

	4.5	CONFLICT. To the extent that there is a conflict in terms between the Policy and the Accumulation Fund Schedule, the Accumulation Fund Schedule will control the conduct of
the parties. 

  

	4.6	TRANSFERABILITY/ASSIGNMENT. This Policy and the Accumulation Fund established pursuant to it may solely be sold, assigned, transferred or pledged in accordance with, and for
the purposes contemplated by, the documents and agreements governing the establishment and operation of the Program. GLAIC will maintain a record of ownership of this Policy on its books and records. 

  

	4.7	PAYMENTS BY GLAIC. When this Policy provides that GLAIC will make a payment to the Policyholder, such payment shall be made to the Policyholder or to the agent the
Policyholder designates. Unless otherwise specified in the Accumulation Fund Schedule, if a payment date is not a Business Day, GLAIC will pay such amount on the next Business Day. 

  

	4.8	WAIVER BY GLAIC. At the Policyholder’s request, GLAIC may waive any terms, conditions or adjustments provided for in this Policy. Any such waiver is subject to any
limitations GLAIC specifies in making the waiver and does not require GLAIC to grant similar future waivers to the Policyholder or anyone else. A failure or delay in exercising a right under this Policy does not waive GLAIC’s right or ability
to assert such right in the future. 

  

	4.9	MUTUAL REPRESENTATIONS. The parties mutually represent and warrant, each to the other, that: 

  

	 	a.	This Policy is its legal, valid and binding obligation, enforceable in accordance with its terms, subject to applicable bankruptcy, insolvency, reorganization, moratorium or other
laws affecting creditor’s rights, and subject, as to enforceability, to general principals of equity, regardless of whether enforcement is sought in proceeding in equity or law; 

  

	 	b.	It has the power to enter into this Policy and to consummate the transactions contemplated hereby; 

  

	 	c.	All information provided in connection with this Policy is, to the best of its knowledge and belief, true, correct and complete; 

  

	 	d.	The execution and the delivery of this Policy and the performance of obligations hereunder do not and will not constitute or result in a default, breach or violation, of the terms
or provisions of its certificate, articles or charter of incorporation, declaration of trust, by-laws or any agreement, instrument, mortgage, judgment, injunction or order applicable to it or any of its property. 

  

 4 

	4.10	TAX PROVISIONS. The Policyholder and each transferee and assignee of this Policy, to the extent required by law, agree to provide GLAIC with any properly completed tax
forms that are needed for GLAIC to satisfy its tax reporting obligations with respect to amounts held under this Policy. This Policy is intended to be ignored for U.S. federal, state and local income and franchise tax purposes. To the extent it
cannot be ignored, GLAIC and the Policyholder and each transferee and assignee of this Policy agree to treat this Policy as GLAIC’s debt obligation for U.S. federal, state and local income and franchise tax purposes. 

SECTION 5 – DEFINITIONS 
  

	5.1	POLICY DEFINITIONS. The following terms have the meanings indicated: 

 “Accumulation Fund” is the accounting record GLAIC will establish under this Policy as described in Section 1.2. 
 “Accumulation Fund Schedule” is attached to this Policy and establishes the terms of the Accumulation Fund. 
 “Business
Day” is any day, other than Saturday or Sunday, that is neither a legal holiday nor a day on which commercial banks are authorized or required by law, regulation or executive order to close, or are otherwise closed, in each Business Day
City specified in the Accumulation Fund Schedule. 
 “Call Date” is the day or days prior to the Stated Maturity Date, if any, specified in
the Accumulation Fund Schedule attached to this Policy, on which GLAIC may elect to pay the Policyholder all or any part of the Fund Balance. If no Call Date is indicated in an Accumulation Fund Schedule, GLAIC will pay to the Policyholder the Fund
Balance prior to the Stated Maturity Date only to the extent provided in Section 3.2. 
 “Deposit Amount” is the amount GLAIC credits
to the Accumulation Fund on the Deposit Date as set forth in the Accumulation Fund Schedule. 
 “Deposit Date” is the date, specified in the
Accumulation Fund Schedule, on which GLAIC receives the Net Deposit Amount. 
 “Event of Default” has the meaning described in
Section 3.3. 
 “Fund Balance” is the value of the Accumulation Fund, determined pursuant to Section 1.4. 
 “Guaranteed Rate” is the interest rate, if any, applied to the Accumulation Fund, as stated in the Accumulation Fund Schedule. 
 “Indenture” is that certain indenture agreement, made between the Policyholder and the Indenture Trustee related to the notes to be supported by this
Policy as such agreement may be amended, supplemented or replaced from time to time. 
  

 5 

 “Indenture Trustee” is the party specified as trustee under the Indenture, or its successor. 

“Maturity Date” is the earlier of (i) the Stated Maturity Date and (ii) each date on which the Fund Balance is payable in full to the
Policyholder pursuant to an Event of Default, Optional Repayment, Optional Redemption or otherwise. Unless otherwise indicated in the Accumulation Fund Schedule, if any of the foregoing dates is not a Business Day, the Maturity Date is the next
following Business Day. Interest accrues during such delay only if specified in the Accumulation Fund Schedule. 
 “Net Deposit Amount” is
the amount GLAIC receives from the Policyholder on the Deposit Date as set forth in the Accumulation Fund Schedule. 
 “Program” is the
Genworth Global Funding program, as described in the prospectus relating thereto, including the applicable prospectus supplement or pricing supplement or in any amendment thereto. 
 “Stated Maturity Date” is the date, as set forth on the Accumulation Fund Schedule, when the Fund Balance is originally due and payable to the Policyholder. 
 “Tax Event” has the meaning described in Section 3.4. 
  

	5.2	OTHER DEFINITIONS. Other capitalized terms appearing in this Policy have the meanings indicated on the Policy’s face page or in the Accumulation Fund Schedule.

  

 6 

 GLAIC 
 Accumulation Fund Schedule – Fixed Rate 
 Policy Number: GS-R6019 
  

			
		
	 Deposit Date:
	  	January 17, 2008 or the date the deposit is actually received by GLAIC
		
	Specified Currency:	  	United States Dollars
		
	Deposit Amount:	  	$8,073,000.00
		
	Net Deposit Amount:	  	$7,951,905.00
		
	Stated Maturity Date:	  	January 15, 2018
		
	Guaranteed Rate:	  	5.50%
		
	Crediting Period:	  	The first Crediting Period shall be a short period commencing on the Deposit Date to but excluding July 15, 2008. Each subsequent Crediting Period shall be the semi-annual period occurring
between the 15th of each January and July thereafter. The final Crediting Period will be the period from and including July 15, 2017, to but excluding January 15, 2018.
		
	Interest Crediting:	  	Interest is credited based upon a 30/360 basis, applied to the Fund Balance each day.
		
	Periodic Payouts:	  	On the 15th of each January and July, GLAIC will pay the Policyholder all accrued and unpaid interest (if such date is not a Business Day, the Periodic Payout will be made on the next following
Business Day, and in such cases the amount of interest shall not be adjusted for non-Business Days) (each, an “Interest Payment Date”); provided, however, that the final Periodic Payout shall be on the Maturity Date, on which date
all accrued and unpaid interest will be paid.
		
	Optional Repayment:	  	Optional Repayments under Section 2.2 of the Policy may be made solely with respect to the “Survivor’s Option” described in Pricing Supplement No. 008 dated January 7, 2008 to the
Prospectus Supplement dated December 9, 2005 related to the Program.
		
	Call Terms:	  	Under Section 2.3 of the Policy, GLAIC may elect to pay the Policyholder all of the Fund Balance on January 15, 2010, or as of any date thereafter when a Periodic Payout is due (the “Call
Dates”).
		
	Maturity Payout:	  	On the Maturity Date, GLAIC will pay to the Policyholder the Fund Balance. If such date is not a Business Day, the Maturity Payout will be made on the next following Business Day; provided,
however, that interest shall not accrue beyond the Maturity Date.
		
	Business Day City(s):	  	New York, New York
		
	Other Terms:	  	None

 ********************* 
 The calculation of the Guaranteed Rate and all other payment terms of this Policy will be determined in the manner described in the “Description of the Notes” section in the Prospectus Supplement.

 ********************* 
  

									
	GENWORTH LIFE AND ANNUITY	 		 	GENWORTH GLOBAL FUNDING TRUST 2008-3
	INSURANCE COMPANY	 		 	
					
	By:	 	/s/ Pamela C. Asbury	 		 	By*:	 	/s/ Patricia M. Child
		 	Pamela C. Asbury	 		 		 	
			
	Official Title: Vice President	 		 	Official Title: Vice President
					
	Date:	 	January 15, 2008	 		 	Date:	 	January 16, 2008

  

	*	It is expressly understood and agreed that (a) this Policy is executed and delivered by U.S. Bank National Association (“USB”) not individually or personally, but
solely as Trustee of the Genworth Global Funding Trust 2008-3 in the exercise of powers and authority conferred and vested in it (b) each of the representations, undertakings and agreements herein made on the part of the Trust is made and
intended not as personal representations, undertakings and agreements by USB but is made and intended for the purpose of binding only the Trust, (c) nothing herein contained shall be construed as creating any liability on USB individually or
personally, to perform any covenant either express or implied contained herein, all such liability, if any being expressly waived by the parties hereto and by any person claiming by, through or under the parties hereto and (d) under no
circumstances shall USB be personally liable for the payment of any indebtedness or expenses of the Trust or be liable for the breach or failure of any obligation, representation, warrant or covenant made or undertaken by the Trust under this Policy
or any other related documents. 

 *********************fsb2ex10a_petecology.htm

    
      TRICON
        HOLDINGS,  L.L.C.

      201
        Alahambre Circle

      Suite
        401

      Coral
        Gables, Florida 33134

      

       

      

       

      February  26,
        2007

       

      Personal
        and Confidential

       

      Ralph
        J.
        Steckel

      President

      Chairman

      Pet
        Ecology Brands, Inc.

      14822
        Venture Dr.

      Dallas,
        Texas 75234

      

      Re: Stock
        Purchase Agreement

       

      Dear
        Mr.
        Steckel:

       

      This
        letter confirms the terms of the Stock Purchase Agreement (“Purchase Agreement”)
        by and between between Tricon Holdings, L.L.C. and Texas Atlantic Capital
        Partners, L.L.C., or assigns,  ("Purchaser") and Pet Ecology Brands,
        Inc. ( “Company”) with respect to the terms and conditions under which Purchaser
        will acquire shares of capital stock of the Company and warrants to purchase
        shares of capital stock of the Company.  Such transaction is
        hereinafter referred to as the "Acquisition."

       

      The
        obligations of the  parties to consummate the Acquisition are subject
        to the terms, conditions and contingencies contained herein; however, in
        the
        event Purchaser elects to terminate this Purchase Agreement in accordance
        with
        Paragraph 13 below, the provsions of Paragraphs 9 and 10, shall survive the
        termination hereof.

       

      1.           
        Purchase of Stock. At the closing (the "Closing"), subject to the satisfaction
        of all conditions precedent contained in the Purchase Agreement, Purchaser
        will
        purchase from Company, and Company will sell and issue to Purchaser, a
        sufficient number of shares of Company’s common stock to consist of Fifty-One
        Percent {51%) of all of the issued and outstanding common stock of the Company,
        fully diluted,  free and clear of any liens, charges, restrictions or
        encumbrances thereon (collectively, the "Shares").

       

      2.           
        Purchase Price. The purchase price for the Shares shall be the sum of One
        Million Three Hundred Fifty Thousand Dollars {$1,350,000) payable at
        Closing.

       

       

      
        
          
          

        

        
          1

          
            

          

        

        
          
          

        

      

       

       

      3.           
        Warrants. In addition to the shares of stock referred to in Paragraph 1 above,
        contingent upon the closing hereof, Company grants to Purchaser warrants
        to
        purchase for One Million Dollars ($1,000,000) so many shares of the Company’s
        common stock as may be necessary at the time the warrants are exercised to
        constitute an addition Fourteen Percent (14%) of the Company’s common stock. The
        warrants shall   be issued at Closing and shall contain normal
        and customary provisions and provide that Purchaser may purchase all such
        shares, but not less than all the shares, at any time  for a period of
        sixty (60)_months following the date of the Closing.

       

      4.           
        Representations and Warranties. Company represents and warrants to Purchaser
        the
        following:

       

      a.           
        Company’s financial statements provided Purchaser as of the date hereof and any
        additional financial statements or financial information provided Purchaser
        from
        the date of this Agreement and the date of  Closing, although not
        audited, shall be true and correct to the  best of Company’s knowledge
        and belief;

       

      b.           
        Company is the holder of the patents, tradenames, trademarks and service
        marks,
        if any, described on Exhibit “A” attached hereto and incorporated herein for all
        purposes (“Intellectual Property”) and such Intellectual Property has not been
        assigned, licensed or encumbered;

       

      c.           
        Company is in good standing in the State of Texas and, subject to the approval
        of the Company’s Board of Directors, the person executing this Purchase
        Agreement, has the full authority and power to enter into this Purchase
        Agreement; and,

       

      d.           
        Company is the subject of only the lawsuits and judgments as described on
        Exhibit “B” attached hereto and incorporated herein for all purposes and Company
        is aware of no other litigation that has been filed or threatened other than
        lawsuits threatened by trade creditors.

       

      5.           
        Conditions Precedent To Closing. Either party’s obligation to close this
        Purchase Agreement is conditioned upon the following:

       

      a.           
        Company entering into a license agreement with Purchaser or such other party
        as
        Purchaser shall direct, which agreement shall provide for Company to grant
        to
        Purchaser or its assignee or transferee (“Licensee”) a license to manufacture
        and sale domestically and internationally such products as are covered by
        the
        patents now or hereinafter owned by Company so long as such products are
        sold by
        Licensee via telephone,
        internet or other manner devised by Licensee for direct (“home”) delivery to
        consumers. Such License Agreement shall provide for Licensee to pay to Company
        the total sum of One Hundred Fifty Thousand Dollars ($150,000) and pay to
        Company a royalty in an amount equal to 12% of the direct cost to Licensee
        of
        manufacturing and packaging (but not shipping) any product sold pursuant
        to the
        terms of the License Agreement. The parties acknowledge and agree that the
        condition described in this Paragraph 5a. has been satisfied as of the date
        hereof.

       

       

      
        
          
          

        

        
          2

          
            

          

        

        
          
          

        

      

       

       

      b.           
        Purchaser’s reaching agreements with its trade creditors, including those
        holding judgments,   with amounts outstanding in excess
        of   (90) days, in the total amount of approximately
        $1,100,000  to accept a reduction of the amounts allegedly owed to an
        aggregate balance of approximately $600,000, or such greater sum to which
        Purchaser agrees;

       

      c.           
        Purchaser reviewing and becoming satisfied as to (i) Seller’s compliance with
        all required N.A.S.D. or  other regulatory agencies; (ii) the status
        and probable outcome of  the pending lawsuit filed against the Company
        by David Cawthon, James Stephens, Jr. and Ecology Technologies, a more specific
        reference to which is set forth on Exhibit “B” attached hereto; and, (iii)
        reviewing and becoming satisfied as to the nature, consequence and details
        of
        the Company’s prior relationship with Ron G. Williams (“Williams”) and any and
        all entities or individuals affiliated with Williams.

       

      d.           
        Company reversing the number of Company’s issued and outstanding shares, options
        and warrants to the extent mutually agreed by the parties but, at a minimum,
        to
        a degree and in amounts to enable the Company to perform its obligations
        at
        Closing to issue the shares and warrants as described in Paragraphs 1 and
        3
        above;

       

      e.           
        On or before the Closing, with the exception of Ralph J. Steckel, Company
        seeking and obtaining tenders of the written resignations of the current
        members
        of the Company’s Board of Directors and the number of the directors shall be
        increased to five (5)  with  Purchaser being allowed to
        designate a minimum of  three (3) directors to be elected by a
        shareholder or director vote, whichever shall be appropriate;

       

      Company
        agrees to take any and all steps reasonably necessary to ensure that Company
        satisfies all conditions precedent to Purchaser’s obligation to close the
        Agreement. Additionally, at Purchaser’s sole discretion, Purchaser may elect to
        waive any or all of such conditions of closing and close the transaction,
        the
        parties agreeing that such conditions are for the benefit of
        Purchaser.

       

      6.           
        Access to Company Books and Records. Prior to closing, Seller agrees to provide
        Purchaser and/or its representatives full access to any personnel and all
        properties, documents, contracts, books, records and operations of Company
        relating to its business Seller agrees to furnish Purchaser with copies of
        documents and such other information as the Purchaser may request.

       

      7.           
        No Other Offers. Company will not solicit, encourage or entertain proposals
        from
        or enter into negotiations with or furnish any nonpublic information to any
        other person or entity regarding the possible sale of the Company's business,
        assets or stock. Seller shall promptly notify Purchaser of any proposals
        by
        third parties with respect to the acquisition of all or any portion of Company's
        business, assets or stock and furnish the Purchaser the material terms
        thereof.

       

      8.           
        Conduct of Business. Company shall conduct its business in the ordinary course,
        consistent with the present conduct of its business and previous practice,
        with
        no dividend or stock distributions.

       

       

       

      
        
          
          

        

        
          3

          
            

          

        

        
          
          

        

      

       

       

      9.           
        Expenses. Each of the parties shall pay all of its expenses incident to this
        Purchase Agreement and consummation of the transactions contemplated
        hereby.

       

      10.           
        Confidentiality. Other than to the extent required by law or regulation,
        and
        then only after prior written notice to the other party, the parties agree
        that
        they will not disclose the existence of this Purchase Agreement or use, or
        permit the use of, any of the information provided pursuant to the terms
        hereof
        other than for purposes provided by the terms of this Purchase
        Agreement.

       

      11.           
        Disclosure. Without the prior written consent of the other party hereto,
        neither
        party hereto will, and each party hereto will cause its directors, officers,
        employees, agents, other representatives and affiliates not to, disclose
        to any
        person the existence of this Purchase Agreement or the transactions contemplated
        hereby, unless in the opinion of such party disclosure is required to be
        made
        under the Securities Act of 1933 or the Securities Exchange Act of 1934,
        and
        such disclosure is made after prior consultation with the other party. Neither
        party will issue any public announcement concerning the transaction without
        the
        approval of the other party, except as may be required by law.

       

      12.           
        Closing. Closing of this Agreement shall occur on or before June 30, 2007,
        with
        fifteen (15) days prior written notice from Purchaser.

       

      At
        the
        closing, Company shall issue to Purchaser the following:

       

      a..           
        Company’s common stock in an amount to ensure Purchaser owns 51%, undiluted, of
        the Company’s issued and oustandin common stock; and,

       

      b.           
        Warrants as herein described authorizing Purchaser to purchase an additional
        14%, undiluted, of the Company’s common  stock.

       

      At
        the closing, Purchaser shall deliver
        to Company in immediately available funds the sum of One Million Five Hundred
        Thousand Dollars ($1,500,000)

       

      13.           
        Termination. Termination of this Purchase Agreement shall be without liability
        and no party hereto shall be entitled to any form of relief whatsoever,
        including, without limitation, injunctive relief or damages. Upon the earlier
        of
        (a) the mutual written agreement of the parties hereto or (b) the failure
        by the
        parties hereto to Close on or prior to June 30, 2007, this Purchase Agreement
        shall terminate and the parties shall be released from all liabilities and
        obligations with respect to the subject matter hereof, except as provided
        in the
        second paragraph of page 1 of this letter.

       

      14.           
        Counterparts.

       

      This
        letter may be executed in one or more counterparts, each of which shall be
        deemed an original, and all of which together shall constitute one and the
        same
        instrument.

       

       

      
        
          
          

        

        
          4

          
            

          

        

        
          
          

        

      

       

       

       

      If
        the
        foregoing correctly sets forth our mutual understanding, please so indicate
        by
        signing two copies of this letter in the spaces provided below and returning
        one
        copy to us no later than 5:00 p.m. on February 26.  2007.

       

      

       

      

       

      [
        Intentionally Left Blank]

       

      

       

      

       

      

      
        
          
          

        

        
          5

          
            

          

        

        
          
          

        

      

       

      

       

      

       

      Sincerely,

       

      Tricom
        Holdings, L.L.C.

       

      By:
/s/
        Emel
        Yesil

      Name:  Emel
        Yesil

      Its:       Managing
        Director

      

      

      Texas
        Atlantic Capital Partners, L.L.C.

      

      

      By:
/s/
        E.
        Denton Jones

      Name:  E.
        Denton Jones

      Its:        Manager

      

      

      

       

      

      AGREED:

       

      Pet
        Ecology Brands, Inc.

       

      By:  /s/
        Ralph J. Steckel 

                 Ralph
        J. Steckel

      President

      

            /s/
        Ralph J. Steckel 

                 
        Ralph J. Steckel

      Individually

      

      6

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