Document:

UpTick
A Subsidiary of StoneRidge Capital, LLC.

                                     UPTICK
                               INVESTOR RELATIONS
                                    AGREEMENT

THIS AGREEMENT (the "Agreement") is entered into as of May 4, 2007, by and
between StoneRidge Capital, LLC, doing business as UPTICK ("Company"), and
SPEECHSWITCH INC. ("Client").

WHEREAS, Company provides Marketing and Investor Relation's assistance
utilizing, but not limited to the Wide World Web; and WHEREAS, the Client has
desires to utilize the services offered by the Company.

                                    AGREEMENT

NOW, THEREFORE, for and in consideration of the mutual promises and covenants
hereinafter set forth, the benefits to the parties to be derived there from and
other good and valuable consideration the receipt and adequacy of which is
hereby acknowledged, it is agreed as follows:

1. SERVICES(1). The Client hereby retains the Company and the Company hereby
agrees to provide the following services to the Client as an independent Company
for the Term of the Agreement as defined in (2), below:

     UPTICK INVESTOR AND PUBLIC RELATIONS MARKETING CAMPAIGN

     Presentation of Client provided Profile on UpTick.com for term of this
agreement.

     Inclusion in Monthly Newsletter - Circulation million +.

     Inclusion in One (1) News Alert announcing Company agreement with Client.

     Inclusion of Client provided Profiles in Four (4) email alerts per month to
UpTick.com's proprietary database.

2. TERM. This Agreement shall remain in full force and effect for sixty (60)
days, beginning upon receipt of the compensation listed in item three (3),
below.

3. COMPENSATION.On commencement of this agreement, the Company shall receive an
initial payment of $US2,500 in cash 10,000and 7,000,000 Class A common stock
shares of the Client (the "Shares") which will be deemed earned at the signing
of this agreement and disbursed as set forth in Attachment A.

4. EXPENSES. The Company agrees to pay all expenses related to the services
described in Section 1 ("Services").

5. TERMINATION. This Agreement may be terminated (a) by either party with 30
days prior written notice, or (b) should either party enter into, involuntary
bankruptcy, or (c) should the Company knowingly or otherwise render some act or
is involved in some event that has the effect of significantly diminishing the
Client's reputation.

--------------
(1) To effectively perform these services, they must be SCHEDULED with
UpTick.com a minimum of five (5) working days prior to the desired publication
date. Additionally, all materials to be published by UpTick.com must be supplied
to UpTick.com no less than one (1) working day prior to scheduled date of
publication.
--------------------------------------------------------------------------------
15024 Ivory Drive o Fountain Hills, AZ 85268 o Phone 480.836.8610      Est. 2003

<PAGE>
UpTick
A Subsidiary of StoneRidge Capital, LLC.

6. IN THE EVENT OF TERMINATION. The Company keeps any initial deposit and the
Client is required to make any delinquent payments to the Company, unless the
Company shall have breached this Agreement.

7. CONTENT. All corporate profiles, press releases, and other written
announcements concerning the Client must be submitted and signed by an
authorized Officer of the Client prior to release by the Company. The Company
will not write, edit, or make any modifications to the information provided by
the Client.

8. SEVERABILITY.If any court of competent jurisdiction rules that any portion of
this Agreement is invalid for any reason, the remaining portions of this
Agreement shall nevertheless remain in full force and effect.

9. ATTORNEY'S FEES. If either party is required to hire an attorney to enforce
any of the terms and conditions of this Agreement, the prevailing party shall be
entitled to all reasonable attorney's fees and costs incurred by said party.

10. NOTICES. Any notice required or permitted under this Agreement shall be
effective upon the earlier of the time such notice is delivered through any
reputable overnight courier service) to the Company or the Client, or
seventy-two (72) hours after such notice is deposited in the U.S. Mail, postage
prepaid, addressed to the appropriate party at the address set forth herein and
sent by certified or registered mail.

Notice to the Company shall be sent to:   Notice to the Client shall be sent to:
     StoneRidge Capital, LLC                   SpeechSwitch Inc.
     15024 North Ivory Dr.                     750 Rt. 34
     Fountain Hills, AZ 85268                  Matawan, NJ 07747
     United States                             United StatesUnited States
     ATTENTION:                                ATTENTION:
         WILLIAM E. LANE, CEO                      BRUCE KNEF, CEO

In the event the address of the Client or the Company changes, the party whose
address changed shall notify the other of such change in writing.

11. WAIVER OF BREACH.The waiver of either party of a breach of any provision of
the Agreement shall not operate or be construed as a waiver of any subsequent
breach by either party.

12. NON-ASSIGNABILITY. The obligations of the Company hereunder are proprietary
and neither the rights nor obligations under this Agreement may be assigned or
transferred by any party in any manner whatsoever, nor are such rights or
obligations subject to involuntary alienation, assignment or transfer, except
that they shall be binding upon and inure to the benefit of any successor of the
Client, whether by merger, sale of assets, reorganization or otherwise.

13. INTERPRETATIONS. To the extent permitted by the context in which used, (a)
words in the singular number shall include the plural, words in the masculine
gender shall include the feminine and neuter, and vice versa, and (b) references
to "persons" or "parties" in this Agreement shall be deemed to refer to natural
persons, corporations, general partnerships, limited partnerships, trusts and
all other entities. This Agreement

5/16/2007                                                           Confidential
Page 2 of 3                                                     Exhibit 10.1.doc
<PAGE>
UpTick
A Subsidiary of StoneRidge Capital, LLC.

shall be construed in accordance with the
fair meaning of its language, and shall not be construed for or against the
party drafting it, solely because of such fact.

14. CAPTIONS. Captions and paragraph headlines used herein are for convenience
only and are not part of the terms hereof and shall not be deemed relevant in
construing the provisions hereof.

15. FINAL EXPRESSION:MODIFICATION. This Agreement is intended by the parties as
a final and exclusive expression of the terms of this consulting relationship
and supersedes all prior and contemporaneous agreements or understandings as to
this consulting relationship. This Agreement and the terms herein shall not be
changed, modified or rescinded except in writing signed by both parties. Any
attempt at oral modification or waiver of any provision shall be void and of no
effect.

16. COUNTERPARTS.This Agreement may be executed in one or more counterparts,
each of which shall constitute one and the same agreement.

17. GOVERNING LAW: Approvals. This Agreement is executed in, and shall be
governed by, the internal domestic laws of the State of Arizona.

18. INDEMNIFICATION. The Company shall indemnify and hold harmless the Client
and its officers, directors, employees, stockholders, affiliates, or agents
(collectively, the "Client's Parties") from and against, for and in respect of,
any and all any liabilities, obligations, damages, claims, expenses (including
reasonable legal fees and disbursements), and costs (collectively, the "Client's
Liabilities") incurred by them or any of them that arise out of or in connection
with or that relate to the performance of the Company pursuant to this
Agreement, except to the extent they arise from the negligence, willful or
intentional misconduct, or bad faith of the Client's Parties.

     The Client shall indemnify and hold harmless the Company and its officers,
directors, employees, stockholders, agents, and affiliates or agents
(collectively, the "Company's Parties") from and against, for and in respect of,
any and all any liabilities, obligations, damages, claims, expenses (including
reasonable legal fees and disbursements), and costs (collectively, the
"Company's Liabilities") incurred by them or any of them that arise out of or in
connection with or that relate to the performance of the Client pursuant to this
Agreement, except to the extent they arise from the negligence, willful or
intentional misconduct, or bad faith of the Company's Parties.

IN WITNESS WHEREOF, the parties to this Agreement have caused the same to be
executed, and agree thereby to the terms incorporated herein by specific
reference, as to the date first shown above.

------------------------------------- ------------------------------------------
FOR AND ON BEHALF OF:                 FOR AND ON BEHALF OF:
------------------------------------- ------------------------------------------
STONERIDGE CAPITAL, LLC               SPEECHSWITCH INC.
------------------------------------- ------------------------------------------

------------------------------------- ------------------------------------------
William E. Lane                       Attn: Bruce Knef
Chief Executive Officer & President   Title: Chief Executive Officer & President
------------------------------------- ------------------------------------------

5/16/2007                                                           Confidential
Page 3 of 3                                                     Exhibit 10.1.docExhibit 10.1

STOCK
PURCHASE AGREEMENT

BETWEEN

NASCENT
WINE COMPANY, INC.

as
Purchaser of Shares

AND

SHAREHOLDERS
OF PASANI S.A. DE C.V.

as
Seller of Shares

WITH
THE APPEARANCE OF

PASANI
S.A. DE C.V

May
11, 2007

STOCK PURCHASE
AGREEMENT

THIS
STOCK PURCHASE AGREEMENT (“Agreement”) is made May 11, 2007, by and
between Nascent Wine Company, Inc.,
a Nevada corporation (“Nascent”) and Shareholders of Pasani S.A. de C.V., with the appearance of Pasani S.A. de C.V., a Mexican corporation (“Pasani”) as set forth on the
signature page of this Agreement (collectively, “Shareholders”).

EXPLANATORY STATEMENT

A.            Shareholders
currently own and are the record holders of 100% of the issued and outstanding
shares of Pasani common stock (the “Shares”); and

B.            Nascent
desires to acquire all of the issued and outstanding Shares of common stock of
Pasani.

NOW, THEREFORE, in consideration of the foregoing Explanatory Statement
that is made a substantive part of this Agreement and the mutual promises,
covenants and representations contained herein, the parties hereto agree as
follows:

ARTICLE I

Purchase and Sale of Stock

1.1           Sale of Shares.  Subject to the terms and conditions of this
Agreement, Shareholders agree to sell to Nascent 100% of the fully paid and
non-assessable issued and outstanding Shares of Pasani’s common stock with each
Shareholder selling those shares set forth next to his, her or its name on the
attached Schedule 1.1 that is made
a part of this Agreement.

1.2           Purchase Price.  The aggregate purchase price for the Pasani
Shares shall be USD One Million Five Hundred Thousand Dollars ($1,500,000)
payable as follows:

Nascent will deliver to
Shareholders at the Closing (as defined in Section 6.1) an aggregate USD One
Million Five Hundred Thousand Dollars ($1,500,000) convertible promissory note
(“Note”) with annual interest of eight percent (8%) in the form attached
hereto as Exhibit A.  USD Five Hundred Thousand Dollars ($500,000)
of the principal and accrued and unpaid interest then due shall be payable six
months from the issuance of the Note and the balance (1) year from date of
issuance of the Note. The Note will be payable, at the sole option of the
holders, in cash or shares of Nascent’s common stock (“Conversion Shares”)
at a conversion price of $1.40 per share (“Conversion Price”), or, at
the sole option of the holders, a combination of cash and Conversion
Shares.  Notwithstanding the foregoing,
the holders of the Note may convert the principal and accrued interest into
Conversion Shares at any time and from time to time at the Conversion Price.

1.3           Anti-dilution
provisions. Adjustment of Conversion Price. The Conversion Price
shall be subject to adjustment from time to time as follows:

 

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1.3.1. If shares
of Nascent’s common stock (“Common Stock”) are issued as a dividend or
other distribution on any class of stock of Nascent, the Conversion Price shall
be reduced by multiplying such Conversion Price by a fraction of which the
numerator shall be the number of shares of Common Stock outstanding at the
close of business on the date prior to such dividend or distribution and the
denominator shall be the sum of such number of shares and the total of shares
constituting such dividend or other distribution.  In the event Nascent issues rights or
warrants to all holders of its Common Stock to subscribe or purchase of Common
Stock for no consideration, each such share of Common Stock shall be considered
issued as a dividend for purposes of this section 1.3.1.

1.3.2. If the Common Stock is subdivided into
a greater or combined into a lesser number of shares of Common Stock, the
Conversion Price in effect immediately prior thereto, shall be proportionately
adjusted so that it will bear the same relation to the Conversion Price in
effect immediately prior to such subdivision or combination, as the total
number of shares of Common Stock outstanding immediately prior to such
subdivision or combination, shall bear to the total number of shares of Common Stock
outstanding immediately after such subdivision or combination.

1.3.3.
In case of any capital reorganization of Nascent, or of any reclassification of
the Common Stock, or in case of the consolidation of Nascent with, or the
merger of Nascent into, any other corporation or of the sale of all or
substantially all of the Nascent’s properties and assets to any other entity,
the Note shall after such capital reorganization, reclassification,
consolidation, merger, or sale entitle the holder to receive upon conversion
the number of shares of stock or other securities or property of Nascent, or of
the entity resulting from such consolidation or surviving such merger or to
which such sale shall be made, as the case may be, to which the holder of
securities deliverable (at the time of such capital reorganization,
reclassification, consolidation, merger, or sale) upon conversion of the Note
would have been entitled upon such capital reorganization, reclassification,
consolidation, merger or sale.

1.4          Pledge and Voting
Rights.  Pursuant to a Pledge on Shares Agreement dated
effective as of the date hereof by and among Nascent, the nominee shareholder
and Shareholders (the “Pledge on Shares Agreement”), Shareholders shall
endorse the Share certificates representing 100% of the stock of Pasani to
Purchaser (except for 1 nominee Share that shall be endorsed in favor of a
third party appointed by Purchaser to comply with Mexico’s corporate law).  Thereafter, Purchaser (and Purchaser’s
nominee shareholder) shall pledge 100% of the Shares in favor of Shareholders
as collateral for payment of any amounts due under the Note pursuant to the
terms and conditions of a separate pledge agreement and grant an irrevocable
power of attorney in terms of Article 2596 of Mexico’s Federal Civil Code to
vote all the Shares in all shareholders’ meetings.  The power of attorney shall be terminated by
Shareholders immediately upon the payment in full of all amounts due under the
Note.

ARTICLE
II

Representations, Warranties and Covenants of Pasani and
Shareholders

Pasani and Shareholders, jointly and severally, hereby represent and
warrant to Nascent as of the Closing that:

 

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2.1           Organization.  Pasani is a corporation duly organized,
validly existing and in good standing under the laws of Mexico, has all
necessary corporate powers to own its properties and to carry on its business
as now owned and operated by it, and is duly qualified to do business and is in
good standing in each of the states and other jurisdictions where its business
requires qualification.

2.2           Capital. 
The authorized capital stock of Pasani consists solely of 300 shares of
$1,000 Pesos par value common stock. 
There currently are 300 shares of common stock issued and
outstanding.  All of the outstanding
common stock of Pasani is duly and validly issued, fully paid and
non-assessable, and owned by Shareholders as described on Schedule 1.1.  There are no outstanding subscriptions,
options, rights, debentures, instruments, convertible securities or other
agreements or commitments obligating Pasani to issue or to transfer from
treasury any additional shares of its capital stock of any class.

2.3           Subsidiaries.  Pasani does not have any subsidiaries or own
any interest in any other enterprise.

2.4           Directors and Officers.  Alejandro Gutiérrez Pederzini (“Mr.
Pederzini”) is the sole administrator of Pasani.

2.5           Financial Statements.  Schedule
2.5 hereto consists of the audited balance sheet and statement of
income, retained earnings and cash flows for the fiscal year ended December 31,
2005 and the before audit balance sheets and statements of income, retained earnings
and cash flows for the fiscal year 2006 and for the first quarter of the fiscal
year of 2007 (the “Pasani Financial Statements”).  The Pasani Financial Statements have been
prepared in accordance with Mexico’s Generally Accepted Accounting Principles
and practices (“GAAP”) consistently applied and contain all the
disclosures required by GAAP.  The Pasani
Financial Statements, to the best of Shareholders knowledge, fairly present the
financial condition of Pasani as at the end of the periods covered thereby and
the results of its operations and the changes in its financial position for the
periods covered thereby.  The books of
account and other financial records of Pasani, all of which have been made
available to Nascent, are correct and complete in all material respects,
represent actual, bona fide transactions and have been maintained in accordance
with sound business and accounting practices. 
Each transaction is properly and accurately recorded in the books and
records of Pasani.

2.6           Absence of Changes.  Since March 31, 2007, Pasani and Shareholders
have conducted the business and operations of Pasani only in the ordinary
course and, with respect to Pasani’s business, Pasani and Shareholders have
not:

(a)           suffered any
material adverse effect in the business, operations, Assets (as defined in
Section 2.20) or financial condition of Pasani, including any damage,
destruction, or loss affecting any Assets used or useful in the conduct of the
business or operations of Pasani (“Pasani Material Adverse Effect”);

 

 4
 

(b)           made any sale,
assignment, lease, or other transfer of Pasani’s Assets or properties other
than in the normal and usual course of business with suitable replacements
being obtained therefor;

(c)           canceled any debts
owed to or claims or liabilities held by Pasani or Shareholders with respect to
Pasani;

(d)           suffered any
material write-down of the value of any Assets or any material write-off as
uncollectible of any accounts receivable of Pasani;

(e)           transferred or
granted any right under, or entered into any settlement regarding the breach or
infringement of, any license, patent, copyright, trademark, trade name,
franchise, or similar right, or modified any existing right relating to Pasani;

(f)            incurred any
obligation or liability (fixed, accrued, contingent or otherwise), including
indebtedness for borrowed money, except normal trade or business obligations
and liabilities incurred in the ordinary course of business, none of which
would have a Pasani Material Adverse Effect;

(g)           mortgaged, pledged
or subjected to any other lien any of the Assets, tangible or intangible;

(h)           waived or released
any rights of value or modified any material agreement, whether or not in the
ordinary course of business;

(i)            entered into or
renewed any employment contracts or compensation agreements or made, agreed to
make or announced any change in employment policies or procedures, wages,
compensation or employee benefits for any Pasani employee, except as may be
required by an existing employment agreement, as required by law, or as
otherwise expressly provided herein;

(j)            suffered any
material casualty losses or damages (whether or not any such loss or damage
shall have been covered by insurance);

(k)           revalued any of the
Assets (whether tangible or intangible) or changed any of its accounting
records or practices or changed its depreciation or amortization policies or
rates;

(l)            issued or sold
shares of capital stock or securities convertible into or exchangeable for
capital stock of Pasani;

(m)           merged or
consolidated with another entity;

(n)           changed the tax or
cash basis accounting methods or practices employed by Pasani, or changed its
depreciation or amortization policies;

 

 5
 

(o)           paid any dividend,
distribution or extraordinary or unusual disbursement or expenditure; or

(p)           entered into any
agreement or commitment to do any of the foregoing.

2.7           Absence of Undisclosed Liabilities.  As of the date of the Pasani Financial
Statements, to the best of Shareholders’ knowledge, Pasani did not have any
material debt, liability or obligation of any nature, whether accrued,
absolute, contingent or otherwise, and whether due or to become due, that is
not reflected in the Pasani Financial Statements.

2.8           Tax Returns.  Within the times and in the manner prescribed
by law, Pasani has filed all federal, state and local tax returns required by
law and has paid all taxes, assessments and penalties due and payable except as
described in Schedule 2.8.  Prior to Closing, all taxes for the year
ended December 31, 2006 shall have been fully paid and at Closing, there shall
be an adequate cash reserve for the taxes incurred from January 1, 2007 through
the Closing.  There are no present
disputes of any nature with respect to Pasani or Shareholders except as
described in Schedule 2.8.

2.9           Compliance with Laws.  To the best of Shareholders’ knowledge,
Pasani has complied with, and is not in violation of, applicable federal, state
or local statutes, laws and regulations affecting its properties or the
operation of its business where the failure to comply or any violation would
have a Pasani Material Adverse Effect and has disclosed any and all such
non-compliances and/or violations to Nascent in writing.  Pasani is in compliance with its
organizational and governing documents.

2.10         Litigation.  Pasani is not a defendant in any suit,
action, arbitration or legal, administrative or other proceeding, or
governmental investigation which is pending or, to the best of Pasani’s and
Shareholders’ knowledge, threatened against or affecting Pasani or its business,
Assets or financial condition where the failure to disclose would have a Pasani
Material Adverse Effect, except as disclosed in Schedule 2.10.  To the best of Pasani’s and Shareholders’
knowledge, there is no action pending or threatened regarding the sale or
transfer of any Pasani securities. 
Pasani is not in default with respect to any order, writ, injunction or
decree of any federal, state, local or foreign court, department, agency or
instrumentality applicable to it.  Pasani
is not engaged in any litigation to recover monies due to it.

2.11         Authority. 
Pasani and each Shareholder is an entity or individual legally able to
execute, deliver and perform this Agreement and to consummate the transactions
contemplated hereby, and this Agreement is a legal, valid and binding
obligation of Pasani and each Shareholder and is enforceable in accordance with
its terms and conditions.

2.12         Ability to Carry Out Obligations.  No authorization or approval from, nor any
corporate action is required by, any person, corporate entity, governmental
authority or regulatory agency for the execution, delivery and performance by
Pasani and each Shareholder of this Agreement, and any other agreements or
documents contemplated hereby, and (i) will not violate (A) any provision of
applicable law, (B) Pasani’s organizational documents, (C) any provision of any
indenture, agreement, obligation, commitment or other instrument to which 

 

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Pasani or Shareholders, or any of their properties or Assets is bound
or (D) any provision of any judgment, decree or order to which Pasani or either
Shareholder is a party or by which Pasani or either Shareholder is bound, (ii)
will not conflict with, result in a breach of, or constitute (with due notice
or lapse of time or both) a default under, any such order, indenture, judgment,
decree, agreement, obligation, commitment or other instrument, and (iii) will
not result in the creation or imposition of any lien of any nature whatsoever
upon the Shares.

2.13         Business
Permits.  Schedule 2.13
sets forth a correct and complete list of all governmental permits, licenses,
franchises, certificates, authorizations, consents and approvals which have
been obtained by Pasani and are currently in effect (collectively, the “Business
Permits”) and indicates for each whether any consent or other action is
required in order for the same to remain in full force and effect following the
Closing.  Such Business Permits have been
validly acquired, are in full force and effect and represent all governmental
permits, licenses, franchises, certificates, authorizations, consents and
approvals necessary under applicable governmental rules for Pasani to conduct
its business as currently conducted and to own, occupy or use its Assets.  No violation is pending against any such Business
Permit, no citation, notice or warning is pending by any governmental entity
with respect to any such Business Permit, no investigation or hearing has been
held by or before any governmental entity with respect to any such Business
Permit and Pasani has not received any notice from any governmental entity that
it intends to cancel, revoke, terminate, suspend or not renew any such Business
Permit.  Pasani is in compliance with all
such Business Permits.

2.14         Full Disclosure.  None of the representations and warranties
made by Pasani and Shareholders herein or in any exhibit, certificate or
memorandum furnished or to be furnished by Pasani and Shareholders, or on his,
her or its behalf, contains or will contain any untrue statement of material
fact or omit any material fact the omission of which would be misleading.

2.15         Pasani Shares Not Encumbered.  The Pasani Shares being transferred pursuant
to this Agreement are and at Closing will be free and clear of any liens,
encumbrances or other restrictions of any kind or nature other than the pledge
referred to in Section 1.4 hereof.  The
assignments, endorsements, stock powers and other instruments of transfer
delivered by Shareholders to Nascent at the Closing will be sufficient to
transfer Shareholders’ entire legal and beneficial interest in the Shares free
and clear of all liens, encumbrances and other restrictions of any kind or
nature.

2.16         Environmental
Matters.  Except as would not
have a Pasani Material Adverse Effect, Pasani is in compliance with all
applicable environmental laws, rules, regulations, judgments and orders.

2.17         Employment Matters.  Pasani is and has at all times since its
inception been in compliance with all employment, personnel, pension and
welfare laws, rules, regulations, judgments and orders.

2.18         Intellectual
Property.  Pasani has the
lawful right to use all of its patents, trademarks, service marks, logos,
corporate and trade names, domain names and copyrights, and all applications
therefore (together with all inventions, discoveries, techniques, processes, 

 7
 

methods, formulae, designs, computer software, trade
secrets, confidential information, know-how and ideas which are owned, licensed
or used by Pasani, the “Intellectual Property”).
To the best of Shareholders’ knowledge, no such use infringes upon the lawful
rights of any other person or entity.  To
the best of Shareholders’ knowledge, no person or entity is using any
Intellectual Property in a manner which infringes upon the lawful rights of
Pasani.  The Intellectual Property
constitutes all intellectual property necessary for Pasani to conduct its
business as currently conducted.

2.19         Real
Property.

(a)           Pasani does not own
any real property, and except as otherwise disclosed in Schedule
2.19, Shareholders do not own any real property that is used or
useful in connection with the operation of Pasani’s business.  Schedule 2.19
sets forth a complete and correct list of all real properties or premises that
are leased or utilized in whole or in part by Pasani and Shareholders in the
operation of Pasani, which property constitutes all of the real property
necessary to operate the business in the manner in which it are presently
operated.

(b)           As to each leased
property, Schedule 2.19 sets forth the (i)
parties thereto, (ii) lease term, (iii) annual rent, (iv) renewal option, if
any, and (v) any other material terms. 
Complete and correct copies of all leases and guarantees of leases have
been made available to Nascent.  Each
lease of premises utilized by Pasani and Shareholders in connection with the
operation of the business of Pasani is legal, valid and binding in all material
respects, as between Pasani, Shareholders and the other party or parties
thereto, and Pasani and Shareholders are tenants or possessors in good standing
thereunder, free of any material default or breach on the part of Pasani or
Shareholders and, to the actual knowledge of Shareholders and Pasani’s officers
and directors, after due inquiry and investigation, free of any material
default or breach on the part of the lessors thereunder, and has use and
occupancy of the premises provided for in the leases therefor.

(c)           The real property,
as well as the present uses thereof, conform in all respects with all
restrictive covenants and with all applicable zoning laws, rules and
regulations, except as would not have, individually or in the aggregate, a
Pasani Material Adverse Effect.  Except
as expressly disclosed on Schedule 2.19:
(i) there is no pending condemnation or similar proceeding affecting the real
property or any portion thereof, and no such action is presently contemplated
or threatened; (ii) there are no easements, covenants, restrictions and/or
reservations of record affecting the real property and there are no easements,
claims of easement or rights of way affecting the real property which are not
shown on the public record; (iii) there are no encroachments on the real
property.  Pasani and Shareholders have
not caused any construction, erection, alteration or repairs of any structures
or improvements on the real property to be done for which charges therefor
remain unpaid, or contracted for any material to be delivered to the real
property for which charges therefor remain unpaid.

2.20         Personal
Property.  Pasani has good and
marketable title and or lawful right to use all of the tangible assets
described on Schedule 2.20 (the “Assets”),
free and clear of all liens (which liens shall be released prior to or at the
Closing).  Pasani’s machinery, equipment,
vehicles, furniture, fixtures, office materials and other tangible assets
included as Assets have 

 8
 

been maintained in good working condition (normal wear
and tear excepted) and are sufficient for the operation of Pasani’s business as
presently conducted.  The Assets
reflected on Schedule 2.20 constitute all of
the material assets, properties and other rights used in the operation of
Pasani’s business.  Except as set forth
on Schedule 2.20, Pasani owns or leases
all the material assets necessary to, and currently utilized in the operation
of, Pasani’s business as presently conducted. 
Neither Shareholder owns any Assets currently utilized in Pasani’s
business.

With respect to the Assets that are leased by Pasani, each lease is
legal, valid, binding and enforceable in all material respects as between
Pasani and the other party or parties thereto, and Pasani is a possessor in
good standing thereunder, free of any material default or breach on the part of
Pasani and, to the best knowledge of Pasani and Shareholders, free of any
material default or breach on the part of the lessors thereunder.

2.21         Inventory.  Schedule
2.21 sets forth a complete and correct list of all inventory held by
Pasani (the “Inventory”).  Except
as set forth on Schedule 2.21, the Inventory is
saleable and of marketable quality, is not obsolete or otherwise materially
damaged, and has been prepared in compliance with all applicable legal
requirements.  The Inventory is properly
valued at the lower of cost or market value on a first in/first out basis and
in accordance with Mexico’s GAAP.  Since
the date of the Pasani Financial Statements, Pasani has not decreased or
substituted its items of Inventory other than in the ordinary course of Pasani’s
business.

2.22         Contracts.

(a)           Schedule
2.22 sets forth a complete and correct list of all material contracts
(“Contracts”) relating to Pasani’s business to which Pasani or any
Shareholder is a party or to which Pasani’s Assets are subject that:

(i)            involve payment of
more than $50,000 to or on behalf of Pasani after the Closing;

(ii)           require Pasani to
purchase or provide goods or services involving more than $50,000 after the
Closing;

(iii)          is a manufacturing,
distribution, purchase or similar agreement;

(iv)          evidence or provide
for any indebtedness for borrowed money for which Pasani will be liable following
the Closing or provide for or relate to any lien or encumbrance on any of
Pasani’s Assets;

(v)           guarantee the
performance, liabilities or obligations of any other person, which restrict in
any material respect the ability of Pasani to conduct any business activities
or which involve any related party;

(vi)          provide for
noncompetition agreements;

 

 9
 

(vii)         relate to the
hiring, leasing, employment or engagement of employees or contractors;

(viii)        are subject to
termination or modification by any third party as a result of the transactions
contemplated by this Agreement; or

(ix)           are otherwise
material to Pasani’s business.

(b)           Neither Pasani nor
any Shareholder is in material breach of any Contract or, to the best of Pasani’s
and Shareholders’ knowledge, is any third party in material breach of any such
Contract.

2.23         Indemnification.  Shareholders, jointly and severally, agree to
indemnify, defend and hold Nascent harmless against and in respect of any and
all claims, demands, losses, costs, expenses, obligations, liabilities,
damages, recoveries and deficiencies, including interest and penalties, that it
shall incur or suffer, which arise out of, result from or relate to any breach
of, or failure by Pasani or Shareholders to perform any of his, her or its representations,
warranties, covenants or agreements in this Agreement or in any schedule,
certificate, exhibit or other instrument furnished or to be furnished by Pasani
or Shareholders under this Agreement. Provided, however the maximum aggregate
liability of Shareholders under this indemnity and hold harmless provision
shall be USD One Million Five Hundred Thousand Dollars ($1,500,000) and any
amount so due under this indemnity and hold harmless provision shall first be
set off against the principal amount of the Note and accrued interest thereon
to the extent any such amounts are due under the Note. The cap on this
indemnity shall not be applicable for the fraud or willful misconduct of Pasani
or Shareholders.  This indemnity and hold
harmless paragraph shall terminate and be of no force or effect on the first
anniversary of the Closing, except for claims based upon failure by
Shareholders to deliver good title to the Pasani Stock, claims based upon the
authority of Pasani and capitalization of Pasani and claims based on fraud,
which shall survive indefinitely, and environmental, employee benefit matters
and tax matters, which shall survive through the applicable status of
limitation.

2.24         Brokers.  Neither Pasani nor any Shareholder has used
any broker or finder in connection with the transactions contemplated hereby,
and Nascent shall have no liability as a result of or in connection with any
brokerage or finder’s fee or other commission of any person or entity retained
by either Pasani or any Shareholder in connection with the transactions
contemplated by this Agreement.

2.25         No Consents.  No consent, authorization, approval or waiver
from, or registration, declaration or filing with, any agency, entity,
authority or person is required to be obtained or made by or with respect to
Pasani or any Shareholder in connection with the execution, delivery and
performance of this Agreement by Pasani and Shareholders or the consummation of
the sale of the Shares.

2.26         Securities
Representations.  Each
Shareholder: (a) is acquiring the Note for its own account with the present
intention of holding such securities for investment purposes and with no
intention of selling such securities in violation of applicable securities
laws; (b) has had 

 10
 

an opportunity to ask questions and receive answers
concerning the terms and conditions of the offering of the Note and the
transactions contemplated by this Agreement and the other documents
contemplated hereby, and has had such access to such other information
concerning Nascent and its business and assets as such Shareholders may have
requested; (c) is an “accredited investor” as defined in Rule 501(a) under
the U.S. Securities Act of 1933, as amended; (d) by reason of its business
and financial experience and the business and financial experience of those
retained by such Shareholder to advise him or her with respect to his or her
investment in the Note, has such knowledge, sophistication and experience in
business and financial matters so as to be capable of evaluating the merits and
risks of its prospective investment in such Securities; and (d) is able to bear
the economic risk of its investment in the Note for an indefinite period of
time and, at the present time, is able to afford a complete loss of such
investment.

ARTICLE
III

Negative Covenants of Nascent, Pasani and Shareholders

Until the payment in full of all amounts outstanding under the Note or
the conversion thereof (i) Nascent covenants and agrees that it shall not and
shall not cause or permit Pasani to, and (ii) Shareholders covenant and agree
that unless Nascent is in default under this Agreement and/or the Note, they
shall not vote the Shares under the irrevocable power of attorney or permit or
cause Mr. Pederzini to, take any of the following actions without the written
consent of the other parties hereto:

3.1           Sales, Liens.  Sell, assign (by operation of law or
otherwise) or otherwise dispose of, or create or suffer to exist any lien,
security interest, encumbrance or other right or claim by any third party upon
or with respect to, any of Pasani’s property except in the ordinary course of
business.

3.2           Mergers.  Merge or consolidate with or into, or convey,
transfer, lease or otherwise dispose of (whether in one transaction or in a
series of transactions) all or substantially all of the Pasani’s Assets
(whether now owned or hereafter acquired) to, or acquire all or substantially
all of the Assets of, any entity.

3.3           Dissolution.  Wind-up, liquidate or dissolve Pasani’s
affairs, convey, sell, lease or otherwise dispose of (whether in one
transaction or in a series of transactions) all or substantially all of its
properties or Assets (whether now owned or hereafter acquired).

3.4           Extraordinary Transactions.  Enter into or agree to enter into any
transaction that is not in the ordinary course of business.

3.5           Bankruptcy Proceedings.  (1) Commence any case, proceeding or
other action under any existing or future bankruptcy, insolvency or similar law
seeking to have an order for relief entered with respect to itself, or seeking
reorganization, arrangement, adjustment, wind-up, liquidation, dissolution,
composition or other relief with respect Pasani or its debts, (2) seek
appointment of a receiver, trustee, custodian or other similar official for
Pasani or any part of its 

 

 11
 

Assets, (3) make a general assignment for the
benefit of creditors, or (4) take any action in furtherance of, or
consenting to or acquiescing in, any of the foregoing.

3.6           Limitation on Transfers of Assets.  Transfer any Assets the transfer of which
would reasonably be expected to have a Pasani Material Adverse Effect.

3.7           Declaration
of Dividends. Declare any
dividends on the Pasani capital stock without the prior consent of
Shareholders.

ARTICLE
IV

Representations of Nascent

Nascent hereby represents and warrants to Pasani at Closing that:

4.1                           Organization.  Nascent is a corporation duly organized,
validly existing and in good standing under the laws of Nevada, has all
necessary corporate powers to own its properties and to carry on its business
as now owned and operated by it, and is duly qualified to do business and is in
good standing in each of the states and other jurisdictions where its business
requires qualification.

4.2                           Capital.  The authorized capital stock of Nascent
consists of 195,000,000 shares of common stock, $0.001 par value per share, and
5,000,000 shares of preferred stock, $0.001 par value per share.  There currently are 52,118,750 shares of
common stock issued and outstanding and no shares of preferred stock issued and
outstanding.  All of the outstanding
common stock of Nascent is duly and validly issued, fully paid and
non-assessable.

4.3                           Directors and Officers.  The names and titles of the officers of
Nascent as of the Closing are as follows: Sandro Piancone, Chief Executive
Officer, Victor Petrone, President, William Lindberg, Chief Financial Officer
and Patrick Deparini, Secretary and Treasurer. 
The directors of Nascent as of the date of this Agreement are Sandro
Piancone, Victor Petrone and Patrick Deparini.

4.4                           Financial Statements.  Schedule
4.4 hereto consists of the audited balance sheets and statements of
income, retained earnings and cash flows of operations of Nascent for the years
ended December 31, 2005 and December 31, 2006 and the before audit balance
sheet and statement of income, retained earnings and cash flows for as of and
for the first quarter of 2007 (the “Nascent Financial Statements”).  The Nascent Financial Statements have been
prepared in accordance with the United States of America Generally Accepted
Accounting Principles and practices (“GAAP”) consistently applied and
contain all the disclosures required by GAAP. The Nascent Financial Statements,
to the best of Nascent’s knowledge, fairly present the financial condition of
Nascent as at the end of the periods covered thereby and the results of its
operations and the changes in its financial position for the periods covered
thereby.  The books of account and other
financial records of Nascent, are correct and complete in all material
respects, represent actual, bona fide transactions and have been maintained in
accordance with sound business and accounting practices.  Each transaction is properly and accurately
recorded in 

 

 12

the books and records of Nascent.  Nascent maintains an adequate system of
internal accounting controls and does not engage in or maintain any
off-the-books accounts or transactions.

4.5           Absence of Changes.  Since March 31, 2007, Nascent has conducted
its business and operations only in the ordinary course and, with respect to
Nascent’s business, Nascent has not:

(a)           suffered any
material adverse change in the business, operations, assets or financial
condition of Nascent, including any damage, destruction, or loss affecting any
assets used or useful in the conduct of the business or operations of Nascent (“Nascent
Material Adverse Effect”);

(b)           made any sale,
assignment, lease, or other transfer of Nascent’s Assets or properties other
than in the normal and usual course of business with suitable replacements
being obtained therefor;

(c)           canceled any debts
owed to or claims or liabilities held by Nascent;

(d)           suffered any
material write-down of the value of any assets or any material write-off as
uncollectible of any accounts receivable of Nascent;

(e)           transferred or
granted any right under, or entered into any settlement regarding the breach or
infringement of, any license, patent, copyright, trademark, trade name,
franchise, or similar right, or modified any existing right relating to
Nascent;

(f)            incurred any
obligation or liability (fixed, accrued, contingent or otherwise), including
indebtedness for borrowed money, except normal trade or business obligations
and liabilities incurred in the ordinary course of business, none of which
would have a Nascent Material Adverse Effect;

(g)           mortgaged, pledged
or subjected to any other lien any of its assets, tangible or intangible;

(h)           waived or released
any rights of value or modified any material agreement, whether or not in the
ordinary course of business;

(i)            entered into or
renewed any employment contracts or compensation agreements or made, agreed to
make or announced any change in employment policies or procedures, wages,
compensation or employee benefits for any Nascent employee, except as may be
required by an existing employment agreement, as required by law, or as
otherwise expressly provided herein;

(j)            suffered any
material casualty losses or damages (whether or not any such loss or damage
shall have been covered by insurance);

 

 13
 

(k)           revalued any of its
assets (whether tangible or intangible) or changed any of its accounting
records or practices or changed its depreciation or amortization policies or
rates;

(l)            issued or sold
shares of capital stock or securities convertible into or exchangeable for
capital stock of Nascent;

(m)           merged or
consolidated with another entity;

(n)           changed the tax or
cash basis accounting methods or practices employed by Nascent, or changed its
depreciation or amortization policies;

(o)           paid any dividend,
distribution or extraordinary or unusual disbursement or expenditure; or

(p)           entered into any
agreement or commitment to do any of the foregoing.

4.6                           Absence of Undisclosed Liabilities.  As of the date of the Nascent Financial Statements,
Nascent did not have any material debt, liability or obligation of any nature,
whether accrued, absolute, contingent or otherwise, and whether due or to
become due, that is not reflected in the Nascent Financial Statements.

4.7                           Tax Returns.  Within the times and in the manner prescribed
by law, Nascent has filed all federal, state and local tax returns required by
law and has paid all taxes, assessments and penalties due and payable.  Prior to Closing, all taxes for the year
ended December 31, 2006 shall have been fully paid and that at Closing, there
shall be an adequate cash reserve for the taxes incurred from January 1, 2007
through the Closing.  There are no
present disputes of any nature payable by Nascent.

4.8                           Compliance with Laws.  Nascent has complied with, and is not in
violation of, applicable federal, state or local statutes, laws and regulations
affecting its properties or the operation of its business where the failure to
comply or any violation would have a Nascent Material Adverse Effect and has
disclosed any and all such non-compliances and/or violations to the
Shareholders.

4.9                           Litigation.  Nascent is not a defendant in any suit,
action, arbitration or legal, administrative or other proceeding, or
governmental investigation which is pending or, to the best knowledge of
shareholders of Nascent, threatened against or affecting Nascent or its
business, assets or financial condition where the failure to disclose would
have a Nascent Material Adverse Effect. 
To the best of Nascent’s knowledge, there is no action pending or
threatened regarding the sale or transfer of any of its securities.  Nascent is not in default with respect to any
order, writ, injunction or decree of any federal, state, local or foreign
court, department, agency or instrumentality applicable to it.  Nascent is not engaged in any litigation to
recover monies due to it.

 

 14
 

4.10                         Authority.  The person signing this Agreement is legally
able to execute, deliver and perform this Agreement, and this Agreement is a
legal, valid and binding obligation of Nascent and is enforceable in accordance
with its terms and conditions.

4.11                         Ability to Carry Out Obligations.  The execution and delivery of this Agreement
by Nascent and the performance by Nascent of its obligations hereunder in the
time and manner contemplated (i) will not violate (A) any provision of
applicable law, (B) Nascent’s organizational documents, (C) any provision of
any indenture, agreement, obligation, commitment or other instrument to which
Nascent is bound or (D) any provision of any judgment, decree or order to which
Nascent is a party or by which Nascent is bound, (ii) will not conflict with,
result in a breach of, or constitute (with due notice or lapse of time or both)
a default under, any such order, indenture, judgment, decree, agreement,
obligation, commitment or other instrument, and (iii) will not result in the
creation or imposition of any lien of any nature whatsoever upon the Shares,
except for the Pledge on Shares Agreement

4.12                         Full Disclosure.  None of the representations and warranties
made by Nascent herein or in any exhibit, certificate or memorandum furnished
or to be furnished by Nascent, contains or will contain any untrue statement of
material fact or omit any material fact the omission of which would be
misleading.

4.13                         Nascent Shares Not Encumbered.  Nascent will reserve a sufficient number of
shares of Nascent Common Stock for issuance upon conversion of the Note, which
shares will be free and clear of all encumbrances or other restrictions of any
kind or nature at the time of issuance, except those imposed by applicable law.

4.14                         Employment Matters.  Nascent is and has at all times since its
inception been in compliance with all employment, personnel, pension and
welfare laws, rules, regulations, judgments and orders.

4.15                         Intellectual Property. 
Nascent has the lawful right to use all of its patents, trademarks,
service marks, logos, corporate and trade names, domain names and all
applications therefore (together with all processes, methods, formulae,
designs, computer software, trade secrets, confidential information, know-how
and ideas which are owned, licensed or used by Nascent, the “Nascent
Intellectual Property”). To the best of Nascent’s knowledge, no such use
infringes upon the lawful rights of any other person or entity.  To the best of Nascent’s knowledge, no person
or entity is using any Intellectual Property in a manner which infringes upon
the lawful rights of Nascent.  The
Nascent Intellectual Property constitutes all intellectual property necessary
for Nascent to conduct its business as currently conducted.

4.16                         Brokers.  Nascent has
not used any broker or finder in connection with the transactions contemplated
hereby, and neither Pasani nor the Shareholders shall have any liability as a
result of or in connection with any brokerage or finder’s fee or other
commission of any person or entity retained by Nascent in connection with the
transactions contemplated by this Agreement.

 

 15
 

4.17                         No Consents.  No
consent, authorization, approval or waiver from, or registration, declaration
or filing with, any agency, entity, authority or person is required to be
obtained or made by or with respect to Nascent in connection with the
execution, delivery and performance of this Agreement by Nascent or the
consummation of the purchase of the Shares.

4.18                         Due Diligence.  Nascent has
retained accountants, lawyers, engineers and other advisors who have provided expert advice in the acquisition of the
Pasani Shares.  Nascent and its advisors
as well as the officers or representatives appointed for such purposes, are familiar
in the operation of businesses similar to that of Pasani and are sophisticated
parties, able to fend for themselves in the context of the transactions
contemplated by this Agreement.  Upon
Closing, Nascent has conducted various technical visits and a thorough
documental due diligence of Pasani and the Assets to its satisfaction, and has
received from the Shareholders full and unrestricted access to the books,
records, and other information and documentation of Pasani and the Assets.

ARTICLE V

Covenants Following Closing

Nascent and Shareholders agree that following Closing:

5.1                           Working Capital.  Nascent
shall provide USD One Million Dollars ($1,000,000) working capital (“Working
Capital Amount”) to execute the business plans of Pasani.  USD Five Hundred Thousand Dollars ($500,000)
would be in the form of inventory and would be provided in the dates agreed
upon between Nascent and Shareholders as detailed in Schedule 5.1
and the remaining USD Five Hundred Thousand Dollars ($500,000) would be in cash
available to Pasani at Closing, to reasonably ensure the un-interrupted
operations of Pasani as agreed upon between Nascent and Shareholders.  Upon an event of default caused by Nascent
under the terms of the Note, if Shareholders elect to foreclose upon the Pasani
Shares held as collateral under the terms of the Pledge on Shares Agreement,
Shareholders or Pasani shall repay to Nascent the Working Capital Amount within
180 days of the date of such foreclosure. 
Shareholders may not offset the Working Capital Amount due to Nascent
against any amounts of principal and interest due under the Note.

5.2                           Access to Products.  Pasani
will have access to the products that are currently exclusive to Nascent.

5.3                           Advisory Titles.  Shareholders
will have the right to designate for election by
Nascent’s shareholders at the next annual meeting of Nascent’s shareholders one
member of Nascent’s Advisory Board.

5.4                           Employment Agreements. 
The members of the current Pasani management team shall have been
offered executive positions with Eco Pak Distributing LLC, a Texas limited
liability company (“Eco Pak”), with the titles, responsibilities,
compensation and benefits as set forth in attached Schedule 5.4 that is made a part of this Agreement, and key
personnel of Pasani, including members of the current management team of
Pasani, shall have 

 

 16
 

been offered employment agreements with Eco Pak on
terms reasonably acceptable to Nascent and Pasani.

5.5                           Operational
Control.  Nascent shall cause
Mr. Pederzini to have continuing operational control of Pasani until the Note
is paid in full or converted (subject to the other negative covenants of
Nascent under Article III) and any decision or other action of Mr. Pederzini
which is within the Business Judgment Rule as interpreted by general United
States Law shall not be considered a breach of the Purchase Agreement nor any
duty to Nascent and shall not affect any rights of Shareholders under the Note.

5.6                           Breach of Covenants. 
Upon any breach of any of the covenants of Articles III and VI by
Nascent, Shareholders must provide written notice to Nascent of such
breach.  Upon the receipt of such notice,
Nascent shall have thirty (30) days to cure such breach, or if such cure is not
possible within thirty (30) days, such reasonable period of time that is
agreeable to both Nascent and Shareholders (the “Cure Period”).  If Nascent is unable to remedy such breach
within the Cure Period, Shareholders shall be entitled to the remedies set forth
in Section 7.17.

5.7                           Indemnification.  Nascent agrees to indemnify, defend and hold
Pasani and Shareholders harmless against and in respect of any and all claims,
demands, losses, costs, expenses, obligations, liabilities, damages, recoveries
and deficiencies, including interest and penalties, that it shall incur or
suffer, which arise out of, result from or relate to any breach of, or failure
by Nascent to perform any of its representations, warranties, covenants or
agreements in this Agreement or in any schedule, certificate, exhibit or other
instrument furnished or to be furnished by Nascent under this Agreement.
Provided, however the maximum aggregate liability of Nascent under this
indemnity and hold harmless provision shall be USD One Million Five Hundred
Thousand Dollars ($1,500,000) plus accrued interest. The cap on this indemnity
shall not be applicable for the fraud or willful misconduct of Nascent.  This indemnity and hold harmless paragraph
shall terminate and be of no force or effect on the first anniversary of the
Closing, except for claims based upon the authority of Nascent and claims based
on fraud, which shall survive indefinitely.

5.8                           Non-Competition Agreements. 
Mr. Pederzini shall have entered into a non-competition and
non-disclosure agreement (“Non-Competition Agreement”) on terms mutually
satisfactory to Nascent and Mr. Pederzini, which provides, among other things,
that Mr. Pederzini shall not for a three (3) year period following the Closing
(i) solicit former or existing customers or prospects of Pasani or Nascent for
business purposes similar to and will not engage in any business similar to the
business of Pasani or Nascent, (ii) solicit the employment of any employee of
Nascent or Pasani, (iii) use any of Pasani’s or Nascent’s proprietary
information for his own use or for any purpose, or disclose such proprietary
information to any third party except to carry out the specific purposes
designated by Nascent; provided, however, that such Non-Competition Agreements
shall terminate upon any default under the Note.

ARTICLE
VI

Closing

 

 17
 

6.1           Closing. 
At the closing of this Agreement on the date first set forth above (the “Closing”):

(1)   Shareholders shall deliver to Nascent 300 shares of Pasani common
stock, free and clear of any liens and encumbrances, duly endorsed to Nascent.

(2)   Nascent will deliver to Shareholders a USD
One Million Five Hundred Thousand Dollars ($1,500,000) convertible promissory
note (“Note”) with annual interest of eight percent (8%). USD Five Hundred
Thousand Dollars ($500,000) of the principal and accrued and unpaid interest
then due shall be payable six months from the issuance of the Note and the
balance (1) year from the date of issuance of the Note.

(3)   Nascent and the nominee shareholder shall
pledge 100% of the Shares by endorsing all Share certificates of Pasani in
favor of Shareholders under a separate Pledge on Shares Agreement and take all
necessary corporate action, including any entries in the stock ledger of Pasani
to implement such Pledge on Shares Agreement;

(4)   Nascent shall grant an irrevocable power of
attorney in favor of Shareholders in terms of Article 2596 of Mexico’s Federal
Civil Code to vote all Shares in all shareholders meetings.

(5)   Nascent shall take all necessary corporate
action at the level of Pasani in order to implement the Working Capital
provision of this Agreement.

(6)   Nascent shall provide USD Five Hundred
Thousand Dollars ($500,000) in cash for working capital.

ARTICLE
VII

Miscellaneous

7.1                           Captions and Headings.  The article and section headings throughout
this Agreement are for convenience and reference only and shall not define,
limit or add to the meaning of any provision of this Agreement.

7.2                           No Oral Change.  This Agreement and any provision hereof may
not be waived, changed, modified or discharged orally, but only by an agreement
in writing signed by the party against whom enforcement of any such waiver,
change, modification or discharge is sought.

7.3                           Non-Waiver.  The failure of any party to insist in any one
or more cases upon the performance of any of the provisions, covenants or
conditions of this Agreement or to exercise any option herein contained shall
not be construed as a waiver or relinquishment for the future of any such
provisions, covenants or conditions.  No
waiver by any party of one breach by another party shall be construed as a
waiver with respect to any other subsequent breach.

 

 18
 

7.4                           Time of Essence.  Time is of the essence of this Agreement and
of each and every provision hereof.

7.5                           Entire Agreement.  This Agreement contains the entire Agreement
and understanding between the parties hereto and supersedes all prior
negotiations, agreements and understandings.

7.6                           Choice of Law.  This Agreement has been executed by all
parties in Mexico and shall be governed by and construed and enforced pursuant
with the laws of Mexico City, Federal District (without regard to any conflict
of laws or principals).  All actions,
suits and proceedings arising out of or in connection with this Agreement shall
be brought in the courts having jurisdiction in Mexico City, Federal District
which shall be the exclusive forum therefore, except for the Note that might be
enforced either in the courts having jurisdiction in Mexico City, Federal
District or in the courts having jurisdiction in the United States.

7.7                           Counterparts and Facsimile Signatures.  This Agreement may be executed simultaneously
in one or more counterparts, each of which shall be deemed an original, but all
of which together shall constitute one and the same instrument.  A facsimile signature shall be deemed an
original signature for all purposes.

7.8                           Notices. 
All notices, requests, demands and other communications under this
Agreement shall be in writing and shall be deemed to have been duly given on
the date of service if served personally on the party to whom notice is to be
given, by telecopy with receipt personally certified by telephone, or on the
third day after mailing if mailed to the party to whom notice is to be given,
by first class mail, registered or certified, postage prepaid, and properly
addressed as follows:

Nascent:                                                 Nascent
Wine Company, Inc.

2355-A Paseo de las Americas

San Diego, California 92154

Attn: Sandro Piancone, CEO

Fax No.: (619) 661-9735

with a copy to:                 Brownstein
Hyatt Farber Schreck, P.C.

410 Seventeenth Street, Suite 2200

Denver, Colorado 80202

Attn: Adam J. Agron

Fax No.: (303) 223-1111

Shareholders:                       Alejandro
Gutiérrez Pederzini

102 Swede Creek

Boerne, Texas, 78006

 

 19
 

Leticia Gutierrez
Pederzini

Lago Chalco # 230

Col. Anahuac

Mexico, D.F.

Fax. (52)(55) 5260-1674

with a copy to:                 Cox Smith Matthews Incorporated  
 112 E. Pecan, Suite 1100  
 San Antonio, Texas 78205  

Attn: John D. Fisch

Fax: (210) 226-8395

and

Rubio Villegas y Asociados, S.C.

Río Duero #31,

Cuauhtemoc, 06500, Mexico

Attn: Carlos Perez del Toro

Fax No.: (52)(55) 5242-0705

7.9                           Binding Effect.  This Agreement shall inure to and be binding
upon the heirs, executors, personal representatives, successors and assigns of
each of the parties to this Agreement.

7.10                         Mutual Cooperation.  The parties hereto shall cooperate with each
other to achieve the purpose of this Agreement and shall execute such other and
further documents and take such other and further actions as may be necessary
or convenient to effect the transaction described herein.

7.11                         Finders. 
The parties hereto represent that no finder has brought about this
Agreement, and no finder’s fee has been paid or is payable by either party.

7.12                         Announcements.  The parties will consult and cooperate with
each other as to the timing and content of any public announcements regarding
this Agreement.

7.13                         Expenses. 
Each party will pay its own legal, accounting and other out-of-pocket
expenses incurred in connection with this Agreement.

7.14                         Survival of Representations and Warranties.  The representations, warranties, covenants
and agreements of the parties set forth in this Agreement or in any instrument,
certificate, opinion or other writing providing for in it, shall survive the
Closing and remain in force for twelve (12) months thereafter, except as
provided in 2.15 and 5.21 of this Agreement.

 

 20
 

7.15                         Schedules. 
As of the Closing, Shareholders has provided the Schedules described
herein.  Any material changes to the
Schedules shall be immediately disclosed by Shareholders to Nascent.

7.16                         Binding Effect.  This Agreement is a binding agreement on all
parties and is enforceable by its terms.

7.17                         Remedies.  Any claim,
action, or proceeding taken to enforce the terms of this Agreement, the Note or
the Pledge on Shares Agreement shall be limited to either, at the discretion of
Shareholders, recovery of up to (i) the Shares pledged as collateral under the
Pledge on Shares Agreement, or (ii) USD One Million Five Hundred Thousand
Dollars ($1,500,000) plus accrued interest pursuant to the Note.

[Remainder of This Page Intentionally Left Blank; Signature Page to
Follow]

 

 21
 

In witness whereof, the parties have executed this Stock Purchase
Agreement on the date indicated above.

	
  NASCENT WINE COMPANY, INC.

  	
   

  	
  PASANI, S.A. de C.V.

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
   

  	
  /s/ Sandro Piancone

  	
   

  	
  By:

  	
   

  	
  /s/ Alejandro Gutiérrez Pederzini

  
	
   

  	
   

  	
  Sandro Piancone, CEO

  	
   

  	
   

  	
   

  	
  Alejandro Gutiérrez Pederzini, Director General

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  NOMINEE
  SHAREHOLDER

  	
   

  	
   

  	
   

  	
  SHAREHOLDERS
  OF PASANI

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
   

  	
  /s/ Rafael Morales

  	
   

  	
  By:

  	
   

  	
  /s/ Alejandro Gutiérrez Pederzini

  
	
  Name:

  	
   

  	
  Rafael Morales

  	
   

  	
   

  	
   

  	
  Alejandro Gutiérrez Pederzini

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
  By:

  	
   

  	
  /s/ Leticia Gutiérrez Pederzini

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
  Leticia Gutiérrez Pederzini

  

 

 22

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