Document:

Exhibit
10.4

TRADEMARK LICENSE AND PURCHASE
AGREEMENT

This
Trademark License and Purchase Agreement (the “License Agreement”) is made
effective on the 11th day of May, 2007 (the “Effective Date”), by
and between One Seven Props, Inc., a Texas Corporation with its principal place
of business located at 102 Swede Creek, Boerne, TX 78006 facsimile no.                         
(“Licensor”) and Nascent Wine Company, Inc., a Nevada Corporation with its
principal place of business located at 2355-A Paseo de las Americas, San Diego,
California 92154, facsimile no. (619) 661-9735 (“Licensee”) (collectively
referred to as the “Parties”).

WHEREAS,
Licensor is the exclusive owner of all right, title and interest in and to all
of the trademarks listed in Exhibit A attached hereto (the “Licensed Marks”);

WHEREAS,
the Licensed Marks have achieved widespread recognition and goodwill among
members of the general public within the country of Mexico through their use by
Pasani S.A. de C.V. (“Pasani”) as a licensee of the Licensed Marks;

WHEREAS,
Licensee, Pasani and the shareholders of Pasani are parties to that certain
Stock Purchase Agreement dated of even date herewith (the “Purchase Agreement”)
under the terms of which Licensee has agreed to purchase all of the outstanding
capital stock of Pasani by the delivery of Licensee’s promissory note (the “Note”);

WHEREAS,
in connection with the transactions contemplated by the Purchase Agreement, it
is the desire and intention of the Parties that Licensee purchase the Licensed
Marks upon the payment in full, when due, of the Note by Licensee, and that the
Licensee have an exclusive license to use the Licensed Marks in connection with
the business of Pasani for the period from the Effective Date until the final
due date of the Note, according to and subject to the terms and conditions of
this License Agreement;

NOW, THEREFORE, for and in consideration of the mutual
covenants contained herein, the sufficiency of which the parties hereby
acknowledge, Licensor and Licensee hereby agree as follows:

I.                                         Grant
of License.  Subject to the terms
and conditions of this License Agreement, Licensor hereby grants, and Licensee
hereby accepts, an exclusive and irrevocable (subject to the terms hereof)
right, license and privilege to utilize the Licensed Marks in the United States
and Mexico (the “Territory”) and during the Term (as defined herein) (the “License”).

II.                                     Representations
and Warranties by Licensor. 
Licensor hereby represents and warrants to Licensee the following:

A.                                    Licensor
is, and will continue to be during the Term of this License Agreement, the
exclusive owner of all right, title and interest in and to the Licensed Marks.

 

 1
 

B.                                    As
of the Effective Date and during the Term of this Agreement, the Licensed Marks
are and will continue to be valid and enforceable in the Territory.

C.                                    Licensor
has taken, and will continue to take during the Term of this License Agreement,
all steps necessary to protect the Licensed Marks in the Territory including,
without limitation, obtaining registration of the Licensed Marks and filing
affidavits of use where applicable.

D.                                    Licensor
has caused any license agreement to which Pasani is a party for the Licensed
Marks to be terminated as of the Effective Date of this License Agreement and
taken steps to deregister, if applicable, any such license agreement with the
appropriate Mexican and United States authorities.

E.                                      The
Licensed Marks do not infringe the intellectual property or other proprietary
rights of any third party in the Territory.

F.                                      Licensor
is not aware of any past or ongoing infringement of the Licensed Marks by any
third party in the Territory.

G.                                    By
virtue of the execution of this License Agreement and during the Term of this
License Agreement, Licensee shall have the exclusive right to exercise the
license to the Licensed Marks granted under this License Agreement, subject to
the terms hereof.

H.                                    Licensor
has not and will not encumber the Licensed Marks in any way and will not take
steps or omit steps that would prevent the Licensed Marks from being assigned
to Licensee unencumbered upon Licensee’s purchase of the Licensed Marks
pursuant to Section X below.

III.                                 Acknowledgments
By Licensee and Licensor.

A.                                    Licensee
acknowledges that Licensor has the exclusive title to and ownership of the
Licensed Marks, and that no title or ownership of the Licensed Marks is hereby
transferred to the Licensee.  It is
further understood that all use of the Licensed Marks by Licensee will inure to
the benefit of Licensor.

B.                                    Licensee
shall not in any manner represent that it or Pasani has any ownership in the
Licensed Marks.

C.                                    Licensee
acknowledges that trademarks for the Licensed Marks have only been filed in the
Territory.

 

 2
 

D.                                    Licensor
agrees that during the Term of this Agreement, it shall not license the Licensed
Marks (or any portion or derivative thereof) to any party other than Licensee
for use of any kind anywhere in the world. 
Further, during the Term, Licensor agrees not to use the Licensed Marks
without Licensee’s written consent.

E.                                      Licensor
shall police, prosecute, and maintain the Licensed Marks in a commercially
reasonable manner, where applicable. 
Licensee shall use commercially reasonable efforts, where applicable, to
commercialize the Licensed Marks in connection with the business of Pasani.

IV.                                License
Fee.  On the date hereof,
Licensee shall pay to Licensor a non-refundable license fee equal to U.S.
$2,000,000 (Two Million Dollars) in exchange for the License.

V.                                    Specification
and Quality Assurance.  Licensee
agrees that all products and services which are offered under the Licensed
Marks shall be of the same quality as those provided by Pasani under the
Licensed Marks during the six months prior to the Effective Date, and shall be
rendered in accordance with such specifications and standards as may be
communicated in writing by Licensor to Licensee from time to time but which
standards shall be no higher than those in effect with Pasani immediately prior
to the Effective Date.  All advertising,
promotion and other use of the Licensed Marks will be in good taste and in such
manner as will maintain and enhance the value of the Licensed Marks and the
reputation for high quality associated with the Licensed Marks.  Licensee agrees to cause to be changed any use
of the Licensed Marks or any proposed use of the Licensed Marks of which
Licensor does not approve.  Licensee
shall comply with all applicable laws and regulations concerning products and
services offered under the Licensed Marks, including but not limited to laws
relating to notice of ownership, registration and patent marking, where
applicable.

VI.                                Term.  This
License Agreement shall be effective as of the Effective Date and, unless
sooner terminated as provided herein, shall remain in force through May 11,
2008  (the “Term”).

VII.                            Protection
of Goodwill and Licensed Marks. 
Licensee recognizes that Licensor has significant goodwill associated
with the Licensed Marks and that it is critical to Licensor that such goodwill
be protected and enhanced.  In order that
the valuable goodwill of Licensor shall be maintained, Licensor agrees to
register, if required by law and at Licensor’s expense, this License Agreement,
or a short form version of the same as mutually agreed to by the parties, with
the appropriate Mexican and United States authorities, and Licensee agrees
that, during the Term of this License Agreement and thereafter, it shall not:

(a)           attack the title or any rights of
Licensor in or to the Licensed Marks;

(b)                                 apply
to register or maintain any application or registration of the licensed Marks
or any other marks confusingly similar thereto in any jurisdiction;

 

 3
 

(c)                                  use
the Licensed Marks or any marks or names confusingly similar thereto except as
expressly authorized hereunder;

(d)                                 take
any action that would tend to destroy or diminish the goodwill of the Licensed
Marks;

(e)                                  use
any colorable imitation of the Licensed Marks or any variant forms (including
variant design forms, logos, colors, or type shapes) of the Licensed Marks not
specifically approved by Licensor;

(f)            misuse the Licensed Marks;

(g)                                 use
a third trademark in conjunction with Licensed Marks; or

(h)                                 take
any action that would bring the Licensed Marks into public disrepute.

VIII.                        Termination.

A.            The License shall immediately
terminate upon a material breach by Licensee of any of its obligations under
the Note.  In the event of a breach by
Licensee of any provision of this License Agreement, Licensor may give Licensee
notice in writing of the breach. 
Licensee shall have a period of thirty (30) days from the date such
notice is received to cure the breach specified therein, and if the breach is
not cured within such period or Licensee notifies Licensor of its intention not
to cure such breach, then Licensor shall be entitled to terminate this License
Agreement as to any one or all of the rights which are subject of such breach
and exercise any other rights or remedies it may have hereunder or as otherwise
provided by law; provided, however, if the breach is not curable then
Licensor shall be entitled to immediately terminate this License Agreement as
to any one or all of the Licensed Marks and exercise any other rights or
remedies it may have hereunder or as otherwise provided by law upon giving
notice in writing of the breach to Licensee.

B.            Upon the expiration or termination
of this License Agreement and provided Licensee has not purchased the Licensed
Marks pursuant to Section X below, all rights granted to Licensee hereunder
shall cease, and Licensee shall refrain from further use of the Licensed Marks
or any marks or names confusingly similar to the Licensed Marks.  Following such
expiration or termination, Licensee shall promptly deliver to Licensor or
destroy all materials bearing the Licensed Marks.  Such termination shall not relieve either
party of its obligation to make any payments due or owing to the other party at
the time of such termination and shall not impair any accrued right of either
party.  In the event of expiration or
termination of the License, Licensor shall not be obligated to return any of
the license fee to Licensee.

IX.                                Assignability.  Licensee shall have the right to sublicense
the use of the Licensed Marks to Pasani within the Territory and during the
Term.  Notwithstanding the foregoing,
Licensee and Pasani shall not have the right to sublicense, assign or otherwise
transfer the License in whole or in part to any party without the prior written
consent of Licensor.  Licensee shall
remain the primary obligor as Licensee under this License Agreement with 

 4
 

no right of
subrogation against Pasani in the event Licensee sublicenses any right hereof
to Pasani.

X.                                    Purchase
and Sale of Licensed Marks.  On
the last day of the Term, Licensee shall purchase from Licensor, and Licensor
shall sell to Licensee, the Licensed Marks for a purchase price of U.S.
$2,500,000 (Two Million Five Hundred Thousand Dollars), payable in cash at
closing by bank cashier’s check or by wire transfer.  At such closing, upon receipt in full of such
purchase price, Licensor shall execute and deliver to Licensee such documents
as are reasonably necessary to transfer and assign the Licensed Marks to
Licensee.  Provided, however, in the
event that a termination of the License has occurred as the result of any
breach by Licensee of any of its obligations hereunder or by virtue of a breach
by Licensee of its obligations under the Note, Licensor shall not be obligated
to sell the Licensed Marks to Licensee. 
Upon the purchase and sale of the Licensed Marks, Licensor shall
thereafter have no rights to the Licensed Marks and Licensor shall refrain from
any use of the Licensed Marks or any marks or names confusingly similar to the
Licensed Marks anywhere in the world and shall deliver to Licensee or destroy
all materials bearing the Licensed Marks.

XI.                                Notice.  Any notices required or permitted to be given
under this License Agreement shall be in writing and shall be deemed to have
been duly given when received if personally delivered; when transmitted if
transmitted by telecopy, electronic or digital transmission method; the day
after it is sent, if sent for next day delivery by a recognized overnight
delivery service (e.g., Federal Express); and upon receipt, if sent by
certified or registered mail, return receipt requested.  In each case, the notice shall be addressed
to the party to be notified at its address shown in the preamble of this
License Agreement, or at such other address as may be furnished in writing to
the notifying party.

XII.                            Severability.  If any term or other provision of this
License Agreement is determined by a court of competent jurisdiction to be
invalid, illegal, or incapable of being enforced under any rule of applicable
law, or public policy, all other conditions and provisions of this License
Agreement shall nevertheless remain in full force and effect.  Upon such determination that any term or
other provision is invalid, illegal, or incapable of being enforced, the
Parties hereto shall negotiate in good faith to modify this License Agreement
so as to effect the original intent of the Parties as closely as possible in a
mutually acceptable manner in order that the transactions contemplated herein
are consummated as originally contemplated to the fullest extent possible.

XIII.                        Entire
Agreement.  This License
Agreement constitutes the entire agreement between the Parties with respect to
the matters contained herein and supersedes all prior negotiations,
understandings and agreements, whether written or oral, between the Parties
with respect to the matters contained herein.

 

 5
 

XIV.                       Amendments.  This License Agreement shall not be modified
or amended except by an instrument in writing signed by both Parties.

XV.                           No
Implied Warranties. Neither party makes any warranty or representation
to the other except as specifically set forth herein.

XVI.                       Further
Documents.  Each party shall,
upon request, make, execute and deliver such documents as shall be reasonably
necessary to take such action as may be reasonably requested to fully implement
and carry out the purposes of the License.

XVII.                   Captions.  The captions contained herein are for convenience
and reference only and in no way define, describe, extend, or limit the scope
or intent of this License Agreement or the intent of any provisions contained
herein.

XVIII.               Parties
in Interest.  This License
Agreement shall be binding upon and inure solely to the benefit of each party
hereto and their permitted successors, assigns and transferees, and nothing in
this License Agreement express or implied, is intended to confer upon any other
person any rights or remedies of any nature whatsoever under or by reason of
this License Agreement.

XIX.                       Counterparts.  This License Agreement may be executed in one
or more counterparts each of which shall be deemed an original and all of which
shall be deemed one and the same License Agreement.

XX.                           Governing Law.  This License Agreement shall be construed,
interpreted and enforced in accordance with, and the respective rights and
obligations of the parties hereto shall be governed by, the laws of the State
of Texas without giving effect to its choice of law principles; provided,
however, Licensor shall be entitled to enforce the Licensed Marks and seek any
remedies for infringement thereof under Mexican law.

IN WITNESS WHEREOF, the undersigned have duly executed
this License Agreement.

 

	
  One Seven Props, Inc. (“Licensor”)

  	
   

  	
  Nascent Wine Company, Inc. (“Licensee”)

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
   

  	
  /s/ Alejandro Gutiérrez Pederzini

  	
   

  	
  By:

  	
   

  	
  /s/ Sandro Piancone

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Name:

  	
   

  	
  Alejandro Gutiérrez Pederzini

  	
   

  	
  Name:

  	
   

  	
  Sandro Piancone

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  Title:

  	
   

  	
  Chief Executive Officer

  	
   

  	
  Title:

  	
   

  	
  Chief Executive Officer

  

 

 6

EXHIBIT A

(Licensed Marks)

Attached hereto.

 

TRADEMARKS IN
MEXICO

	
  Name

  	
   

  	
  Class

  	
   

  	
  File Number

  	
   

  	
  “Folio”

  Number

  	
   

  	
  Legal Date

  	
   

  
	
  Bonet

  	
   

  	
  29

  	
   

  	
  0830843

  	
   

  	
  0011051

  	
   

  	
  Jan.
  18, 2007

  	
   

  
	
  Bonet

  	
   

  	
  30

  	
   

  	
  0830852

  	
   

  	
  0011060

  	
   

  	
  Jan.
  18, 2007

  	
   

  
	
  Mitsuki

  	
   

  	
  29

  	
   

  	
  0830853

  	
   

  	
  0011061

  	
   

  	
  Jan.
  18, 2007

  	
   

  
	
  Mitsuki

  	
   

  	
  30

  	
   

  	
  0830854

  	
   

  	
  0011062

  	
   

  	
  Jan. 18, 2007Exhibit 10.5

MEMBERSHIP INTEREST PURCHASE AGREEMENT

among

ECO PAK
DISTRIBUTING LLC,

ALEJANDRO
GUTIÉRREZ PEDERZINI

and

NASCENT WINE COMPANY, INC.

Dated:  May
11, 2007

 

MEMBERSHIP INTEREST PURCHASE AGREEMENT

This
Membership Interest Purchase Agreement (this “Agreement”)  is made and
entered into as of May 11, 2007, among Eco Pak Distributing LLC, a Texas
limited liability company (the “Company”),
Alejandro Gutiérrez Pederzini (“Seller”) and
Nascent Wine Company, Inc., a Nevada corporation (“Purchaser”).  The Company and Seller
are sometimes hereinafter referred to, individually, as a “Selling
Party” and, collectively, as the “Selling
Parties”. All of the foregoing parties are sometimes hereinafter
referred to, individually, as a “Party” and,
collectively, as the “Parties”.

BACKGROUND INFORMATION

Seller
owns 100% of the outstanding membership interests of the Company (the “Interests”).  Seller
desires to sell to Purchaser, and Purchaser desires to purchase from Seller,
the Interests upon the terms and subject to the conditions set forth in this
Agreement.

STATEMENT OF AGREEMENT

The
Parties acknowledge the accuracy of the foregoing Background Information, and,
in consideration of the mutual covenants of the Parties set forth in this
Agreement and other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the Parties hereby agree as
follows:

ARTICLE I

Purchase of
Interests

Section 1.1.            Sale
and Purchase of Shares.  Upon the
execution of this Agreement, Seller agrees to sell and Purchaser agrees to
purchase the Interests, free and clear of any and all liens, claims, charges,
mortgages, restrictions, pledges, security interests, options, rights of first
refusal, preemptive rights, claims, rights of any third party and encumbrances
whatsoever (collectively, “Liens”).  Upon the transfer of the Interests hereunder,
Purchaser will own 100% of the issued and outstanding equity of the Company on
a fully-diluted basis and the Interests will be fully paid, non-assessable and
free of any and all Liens.

Section 1.2.            Purchase
Price.  The purchase price for the
Interests is $100,000 in cash.

Section 1.3.            Closing.  The closing of the sale and
purchase of the Interests (the “Closing”)
shall occur simultaneously with the execution of this Agreement at a location
to be agreed upon by the Parties.  If the
Interests are certificated, at the Closing, Seller will deliver to Purchaser a
certificate evidencing the Interests along with a membership interest power
assigning and transferring the Interests to Purchaser and the purchase price
shall be paid by wire transfer of funds as follows:

	
  

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  

 

 1
 

ARTICLE
II

Representations
and Warranties of the Selling Parties

The
Selling Parties hereby, jointly and severally, represent and warrant to
Purchaser as follows:

Section 2.1.           Organization,
Power and Authority.  The Company is
a limited liability company duly formed, validly existing and in good standing
under the laws of the State of Texas. 
The Company has the power and authority to execute, deliver and perform
this Agreement.  Seller has the power and
authority to execute, deliver and perform this Agreement.

Section 2.2.           Authorization
of Agreements, Etc.  The execution,
delivery and performance by the Selling Parties of this Agreement, and any
other agreements or documents contemplated hereby, have been duly authorized by
all requisite action, and (i) will not violate (A) any provision of applicable
law, (B) the Company’s organizational documents, (C) any provision of any
indenture, agreement, obligation, commitment or other instrument to which any
Selling Party, or any of their properties or assets is bound or (D) any
provision of any judgment, decree or order to which any Selling Party is a
party or by which any Selling Party 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
Interests.  The Selling Parties have full
power and authority to enter into this Agreement and to consummate the
transactions contemplated hereby.  The
Company owns no subsidiaries or any interest in any other entity or person.

Section 2.3.           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 the Selling Parties in connection with the execution, delivery
and performance of this Agreement by the Selling Parties or the consummation of
the sale of the Interests.

Section 2.4.           Validity
and Enforceability.  This Agreement
has been duly executed and delivered by the Selling Parties and will constitute
a legal, valid and binding obligation, enforceable against the Selling Parties
in accordance with its terms.

Section 2.5.           Owners
of Outstanding Equity.  Seller is the
owner of 100% of the Company’s outstanding equity and there are no holders of
subscriptions, warrants, options, convertible securities, or other rights
(contingent or other) to purchase or otherwise acquire any ownership interest
in the Company (collectively, the “Ownership Interests”).  In addition, (i) no person owns of record, or
beneficially owns any Ownership Interest or other equity security of the
Company, (ii) no subscription, warrant, option, convertible security, or other
right (contingent or other) to purchase or otherwise acquire an Ownership
Interest in the Company is authorized or outstanding, and (iii) except for this
Agreement, there is no commitment by the Selling Parties to sell any Ownership
Interest or any subscriptions, warrants, options, convertible securities, or
other such rights in the Company.

Section 2.6.           Disclosure.  The Selling Parties have provided to
Purchaser all documentation and information that is material to the Company’s
business, assets and operations and to an investment by Purchaser in the
Company, including, without limitation, the Company’s organizational documents,
operating agreement and any shareholder, member, voting or similar agreement,
including, without limitation, the documents attached to this Agreement as Exhibit
A.  The Selling Parties have not
failed to disclose any material agreement or circumstance that, if disclosed,
could have a material effect on Purchaser’s decision to enter into this
Agreement, or that could or will have a material adverse effect on Purchaser’s ownership
interest in the Company pursuant to the Interests, or that could otherwise have
a 

 2
 

material adverse effect on the rights and interests of
Purchaser in the Company pursuant to the terms of this Agreement and its
ownership of the Interests.  None of the
information included in this Agreement or any other documents or information
furnished or to be furnished by the Selling Parties contains any untrue
statement of a material fact, is misleading in any material respect or omits to
state any material fact.

Section 2.7.           Title.  At the Closing, the Interests will be owned
by Seller free and clear of all Liens. The assignments, endorsements, stock
powers and other instruments of transfer delivered by Seller to Purchaser at
the Closing will be sufficient to transfer Seller’s entire interest, legal and
beneficial, in the Interests to Purchaser. 
Following the Closing, the Interests are fully transferable by Purchaser
without any restriction on transferability. 
The Interests are duly and validly issued, fully paid and nonassessable,
and will have the rights, preferences, and privileges specified in the Company’s
organizational documents (including any operating agreement).

Section 2.8.           Brokers.  None of the Selling Parties has used any
broker or finder in connection with the transactions contemplated hereby, and
Purchaser 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 any of the Selling Parties in connection with the transactions contemplated
by this Agreement.

Section 2.9.           Litigation.  There is no action, suit, inquiry, notice of
violation, proceeding or investigation pending or, to the knowledge of the
Selling Parties, threatened against or affecting the Company or any of its
properties or assets before or by any court, arbitrator, governmental or
administrative agency or regulatory authority (foreign, federal, state, county
or local).

Section 2.10.         Licenses
and Permits.  The Company has all
local, state and federal licenses, permits, registrations, certificates,
contracts, consents, accreditations and approvals material to the Company’s
business (collectively, the “Licenses and Permits”) necessary for the
Company to occupy, operate and conduct its business as now conducted, and no
waivers or exemptions relating thereto exist. 
There is no default on the part of the Company or any other party under
any of the Licenses and Permits.  There exist
no grounds for revocation, suspension or limitation of any of the Licenses or
Permits.  No notices have been received
by the Selling Parties with respect to any threatened, pending, or possible
revocation, termination, suspension or limitation of the Licenses and Permits.  There is no default under, nor does there
exist any grounds for revocation, suspension or limitation of, any such
Licenses and Permits.

Section 2.11.         Intellectual
Property.  The Selling Parties have
disclosed to Purchaser all patents, trademarks, service marks, copyrights,
trade names and all registrations and applications and renewals for any of the
foregoing and all goodwill associated therewith (collectively, “Proprietary Rights”) of the Selling Parties used in
connection with the Company’s business. 
No proceedings have been instituted or are pending or overtly threatened
that challenge the validity of the ownership or use by the Company of any such
Proprietary Rights.  The Company has not
licensed anyone to use any such Proprietary Rights and there has been no use or
infringement of any of such Proprietary Rights by any other person or entity.

Section 2.12.         Employees.  The Company currently has no, and has never
had any, employees or independent contractors who are not employed or engaged “at
will”, except for Seller.  The Company is
and at all times since its inception has been in compliance with all
employment, personnel, pension, welfare and benefits laws, rules, regulations,
judgments and orders, including, without limitation, the Employment Retirement
Income Security Act of 1974, as amended, and the Internal Revenue Code of 1986,
as amended.

 

 3
 

Section 2.13.         Environmental
Matters.  The Company is, and has at
all times since inception been, in compliance with all applicable environmental
laws, rules, regulations and policies applicable to the Company and its
business.

Section 2.14.         Tax
Returns; Taxes.  The Company has
filed all foreign, federal, state and local tax returns and tax reports
required by such authorities to be filed. 
The Company has paid all taxes, assessments, governmental charges,
penalties, interest and fines due or claimed to be due by any federal, state or
local authority.  All such tax returns
and tax reports have been properly prepared and filed and correctly state the
Company’s tax liability.  The Company has
made all withholdings of tax required to be made under all applicable foreign,
federal, state and local tax laws, rules and regulations and such withholdings
have either been paid to the appropriate governmental agencies or set aside in
accounts for such purpose or accrued, reserved against and entered upon the
books of the Company.  There is no
pending tax examination or audit of, nor any action, suit, investigation or
claim asserted or overtly threatened against the Company by any foreign, federal,
state or local authority; and the Company has not been granted any extension of
the limitation period applicable to any tax claims.

Section 2.15.         Affiliate
Interests.  The Company is not a
party to any transaction with: (a) Seller, any employee, officer or manager of
the Company, (b) any relative of Seller or of any such employee, officer or
manager, or (c) any person or entity that, directly or indirectly, is
controlled by or under common control with Seller or with any such employee,
officer, manager, or relative, including without limitation any contract,
agreement or other arrangement (i) providing for the furnishing of services by
such person or entity, (ii) providing for the rental of real or personal
property from or to such person or entity, (iii) providing for the guaranty of
any obligation of such person or entity, (iv) requiring any payment to
such person or entity that will continue beyond the Closing, or
(v) establishing any right or interest of such person in any of the assets
of the Company.

ARTICLE III

Representations and Warranties of Purchaser

Purchaser
hereby represents and warrants to the Selling Parties as follows:

Section 3.1.           Organization,
Power and Authority.  Purchaser is a
corporation duly formed, validly existing and in good standing under the laws
of the State of Nevada.  Purchaser has
the power and authority to execute, deliver and perform this Agreement.

Section 3.2.           Authorization
of Agreements, Etc.  The execution,
delivery and performance by Purchaser of this Agreement, and any other
agreements or documents contemplated hereby, have been duly authorized by all
requisite action, and (i) will not violate (A) any provision of applicable law,
(B) Purchaser’s organizational documents, (C) any provision of any indenture,
agreement, obligation, commitment or other instrument to which Purchaser, or
any of its properties or assets is bound or (D) any provision of any judgment,
decree or order to which Purchaser is a party or by which Purchaser is bound,
and (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.  Purchaser has full power and authority to
enter into this Agreement and to consummate the transactions contemplated
hereby.

Section 3.3.           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 

 4
 

made by or with respect to Purchaser in connection
with the execution, delivery and performance of this Agreement by Purchaser or
the consummation of the purchase of the Interests.

Section 3.4.           Validity
and Enforceability.  This Agreement
has been duly executed and delivered by Purchaser and will constitute a legal,
valid and binding obligation, enforceable in accordance with its terms.

Section 3.5.           Brokers.  Purchaser has not used any broker or finder
in connection with the transactions contemplated hereby, and the Selling
Parties 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 Purchaser in connection with the transactions contemplated by this
Agreement.

Section 3.6.           Assumption
of Frost National Bank Obligations of Seller.  Seller has guaranteed the debt of the Company
to the Frost National Bank (the “Seller Obligation”).  By its signature below, Purchaser (i) agrees
to make a good faith effort to terminate the Seller Obligation by assuming the
Seller Obligation to the Frost National Bank, (ii) assumes the Seller
Obligation, and (iii) indemnifies Seller against, and holds Seller harmless
from, any liability or cost which may arise out of the Seller Obligation.  A copy of the Frost National Bank loan
documents, the Seller Obligation and a current statement of all amounts due
thereunder as of the date hereof are attached hereto as Exhibit B.

ARTICLE IV

Miscellaneous

Section 4.1.           Survival
of Representations and Warranties. 
All representations and warranties contained herein or made in writing
by any Party in connection herewith will survive the execution and delivery of
this Agreement, and any investigation made at any time by or on behalf of
Purchaser.

Section 4.2.            Successors
and Assigns.  All covenants
and agreements contained in this Agreement by or on behalf of any of the
Parties will bind and inure to the benefit of the respective successors and
assigns of the Parties, whether so expressed or not.  In addition, and whether or not any express assignment
has been made, the provisions of this Agreement which are for the benefit of
Purchaser are also for the benefit of, and enforceable by, any subsequent
holders of any portion of the Interests.

Section 4.3.            Severability.  Whenever possible, each provision of this
Agreement will be interpreted in such manner as to be effective and valid under
applicable law, but if any provision of this Agreement is held to be prohibited
by or invalid under applicable law, such provision will be ineffective only to the
extent of such prohibition or invalidity, without invalidating the remainder of
this Agreement.

Section 4.4.            Governing
Law.  The validity, meaning and
effect of this Agreement shall be determined in accordance with the laws of the
State of Nevada.

Section 4.5.            Final
Agreement.  This Agreement and the
Exhibits attached hereto constitute the final agreement of the Parties
concerning the matters referred to herein and therein, and supersede all prior
and contemporaneous agreements and understandings.

 

 5
 

Section 4.6.            Execution
in Counterpart.  This Agreement may
be executed in any number of counterparts, each of which when so executed and
delivered shall be deemed an original, and such counterparts together shall
constitute one instrument.

Section 4.7.            Fax
Signatures.  A counterpart of this
Agreement and of any other document related to this Agreement which is executed
and transmitted by fax by any person to the intended recipient shall constitute
and be accepted as an executed and delivered original of this Agreement or such
other document.

[Signatures on
following page]

 6
 

	
  THE COMPANY:

  	
   

  	
  SELLER:

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  ECO PAK DISTRIBUTING LLC

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
   

  	
  /s/ Alejandro Gutiérrez Pederzini

  	
   

  	
  /s/ Alejandro Gutiérrez Pederzini

  
	
   

  	
   

  	
  Name:

  	
   

  	
  Alejandro Gutiérrez Pederzini

  	
   

  	
  Alejandro Gutiérrez Pederzini

  
	
   

  	
   

  	
  Title:

  	
   

  	
  Chief Executive Officer

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  PURCHASER:

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  NASCENT WINE COMPANY, INC.

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  By:

  	
   

  	
  /s/ Sandro Piancone

  	
   

  	
   

  
	
   

  	
   

  	
  Name:

  	
   

  	
  Sandro Piancone

  	
   

  	
   

  
	
   

  	
   

  	
  Title:

  	
   

  	
  Chief Executive Officer

  	
   

  	
   

  

 

 7

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00123-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00123-of-00352.parquet"}]]