Document:

STOCK
        PURCHASE AGREEMENT

       

              THIS
        STOCK PURCHASE AGREEMENT ("Agreement"), dated as of February 12, 2007, is
        by and
        between A.S. Austin Company, a
        Nevada
        Corporation ("PURCHASER"), and The Small Business Company, Inc., a Delaware
        corporation ("SELLER") (collectively, the "PARTIES"). 

       

      W
        I T N E
        S S E T H 

       

              WHEREAS,
        SELLER has offered for sale to PURCHASER shares of common stock of SELLER
        (the
        "Shares") at a purchase price of $0.25 per Share. 

       

              WHEREAS,
        SELLER desires to sell to PURCHASER and PURCHASER desires to purchase from
        SELLER, 140,000 Shares upon the terms and conditions set forth herein.

       

              NOW
        THEREFORE, in consideration of the promises and respective mutual agreements
        herein contained, it is agreed by and between the PARTIES hereto as follows:
        

       

      ARTICLE
        1

       

      SALE
        AND
        PURCHASE OF THE SHARES 

       

              1.1    Sale
        of the Shares.    Upon execution of this Agreement (the
        "Closing"), subject to the terms and conditions herein set forth, and on
        the
        basis of the representations, warranties and agreements herein contained,
        SELLER
        shall sell to PURCHASER, and PURCHASER shall purchase from SELLER, the Shares.
        

       

              1.2    Instruments
        of Conveyance and Transfer.    As soon as practicable after
        the Closing, SELLER shall deliver a certificate or certificates representing
        the
        Shares of SELLER to PURCHASER sufficient to transfer all right, title and
        interest in the Shares to PURCHASER. 

       

              1.3    Consideration
        and Payment for the Shares.    In consideration for the
        Shares, PURCHASER shall pay a purchase price of a total of thirty-five thousand
        dollars ($35,000.00) ($0.25 per Share) ("Purchase Price"). 

       

      ARTICLE
        2

       

      REPRESENTATIONS
        AND COVENANTS OF SELLER AND PURCHASER 

       

              2.1   SELLER
        hereby represents and warrants that: 

       

              (a)   The
        Shares issued hereunder (the "Shares") have been duly authorized by the
        appropriate corporate action of SELLER. 

       

              (b)   SELLER
        shall transfer title, in and to the Shares to PURCHASER free and clear of
        all
        liens, security interests, pledges, encumbrances, charges, restrictions,
        demands
        and claims, of any kind and nature whatsoever, whether direct or indirect
        or
        contingent. 

       

              (c)   As
        soon as practicable after the Closing Date, SELLER shall deliver to PURCHASER
        a
        certificate or certificates representing the Shares subject to no liens,
        security interests, pledges, encumbrances, charges, restrictions, demands
        or
        claims in any other party whatsoever, except as set forth in the legend on
        the
        certificate, which legend shall provide substantially as follows: 

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      THE
        SHARES (OR OTHER SECURITIES) REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
        REGISTERED UNDER THE SECURITIES ACT OF 1933. THE SHARES MAY NOT BE SOLD OR
        TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN OPINION OF COUNSEL
        THAT AN
        EXEMPTION FROM REGISTRATION UNDER SUCH ACT IS AVAILABLE. 

       

       

              (d)   PURCHASER
        acknowledges that the Shares will initially be "restricted securities" (as
        such
        term is defined in Rule 144 promulgated under the Securities Act of 1933,
        as amended ("Rule 144"), that the Shares will include the foregoing
        restrictive legend, and, except as otherwise set forth in this Agreement,
        that
        the Shares cannot be sold unless registered with the United States Securities
        and Exchange Commission ("SEC") and qualified by appropriate state securities
        regulators, or unless PURCHASER obtains written consent from SELLER and
        otherwise complies with an exemption from such registration and qualification
        (including, without limitation, compliance with Rule 144). 

       

              (e)   The
        Company is obligated to register the Shares in any registration statement
        filed
        by the Company with the Securities and Exchange Commission after the Closing
        Date,
        except
        with respect to registration statements on Forms S-4, S-8 or another form
        not
        available for registering the Shares for sale to the public,
        so that
        holders of the Shares shall be entitled to sell the same simultaneously with
        and
        upon the terms and conditions as the securities sold for the account of the
        Company are being sold pursuant to any such registration statement, subject
        to
        such lock-up provisions as may be proposed by the underwriter of said
        registration statement (the "Piggyback Registration Right"). 

       

              (f)   PURCHASER
        acknowledges and agrees that SELLER makes no other representations or warranties
        with respect to the Shares or the SELLER. 

       

              2.2   PURCHASER
        represents and warrants to SELLER as follows: 

       

              (a)   PURCHASER
        has adequate means of providing for current needs and contingencies, has
        no need
        for liquidity in the investment, and is able to bear the economic risk of
        an
        investment in the Shares offered by SELLER of the size contemplated. PURCHASER
        represents that PURCHASER is able to bear the economic risk of the investment
        and at the present time could afford a complete loss of such investment.
        PURCHASER has had a full opportunity to inspect the books and records of
        the
        SELLER and to make any and all inquiries of SELLER officers and directors
        regarding the SELLER and its business as PURCHASER has deemed appropriate.
        

       

              (b)  PURCHASER
        is an entity duly organized, validly existing and in good standing under
        the
        laws of the jurisdiction of its organization with full rights, corporate,
        partnership or limited liability company power and authority to enter into
        and
        to consummate the transactions contemplated by this Agreement and otherwise
        to
        carry out its obligations hereunder. The execution, delivery and performance
        by
        PURCHASER of the transactions contemplated by this Agreement have been duly
        authorized by all necessary corporate or similar action on the part of
        PURCHASER. This Agreement has been duly executed by PURCHASER and when delivered
        in accordance with the terms hereof, will constitute the valid and legally
        binding obligation of PURCHASER, enforceable in accordance with its
        terms. 

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

      (c) PURCHASER
        is an "Accredited Investor" as defined in Regulation D of the Securities
        Act of 1933 (the "Act") or PURCHASER, either alone or with PURCHASER's
        professional advisers who are unaffiliated with, have no equity interest
        in and
        are not compensated by SELLER or any affiliate or selling agent of SELLER,
        directly or indirectly, has sufficient knowledge and experience in financial
        and
        business matters that PURCHASER is capable of evaluating the merits and risks
        of
        an investment in the Shares offered by SELLER and of making an informed
        investment decision with respect thereto and has the capacity to protect
        PURCHASER's own interests in connection with PURCHASER's proposed investment
        in
        the Shares. 

       

              (d   PURCHASER
        is acquiring the Shares solely for PURCHASER'S own account as principal,
        for
        investment purposes only and not with a view to the resale or distribution
        thereof, in whole or in part, and no other person or entity has a direct
        or
        indirect beneficial interest in such Shares. 

       

              (e)   PURCHASER
        will not sell or otherwise transfer the Shares without registration under
        the
        Act or an exemption there from and fully understands and agrees that PURCHASER
        must bear the economic risk of PURCHASER'S purchase for an indefinite period
        of
        time because, among other reasons, the Shares have not been registered under
        the
        Act or under the securities laws of any state and, therefore, cannot be resold,
        pledged, assigned or otherwise disposed of unless they are subsequently
        registered under the Act and under the applicable securities laws of such
        states
        or unless an exemption from such registration is available. 

       

      ARTICLE
        3

       

      MISCELLANEOUS
        

       

              3.1    Entire
        Agreement.    This Agreement sets forth the entire agreement
        and understanding of the parties hereto with respect to the transactions
        contemplated hereby, and supersedes all prior agreements, arrangements and
        understandings related to the subject matter hereof. No understanding, promise,
        inducement, statement of intention, representation, warranty, covenant or
        condition, written or oral, express or implied, whether by statute or otherwise,
        has been made by any party hereto which is not embodied in this Agreement
        or the
        written statements, certificates, or other documents delivered pursuant hereto
        or in connection with the transactions contemplated hereby, and no party
        hereto
        shall be bound by or liable for any alleged understanding, promise, inducement,
        statement, representation, warranty, covenant or condition not so set forth.
        

       

              3.2    Notices.    Any
        notice, request, instruction, or other document required by the terms of
        this
        Agreement, or deemed by any of the parties hereto to be desirable, to be
        given
        to any other party hereto shall be in writing and shall be given by facsimile,
        personal delivery, overnight delivery, or mailed by registered or certified
        mail, postage prepaid, with return receipt requested. If notice is given
        by
        facsimile, personal delivery, or overnight delivery in accordance with the
        provisions of this Section, said notice shall be conclusively deemed given
        at
        the time of such delivery. If notice is given by mail in accordance with
        the
        provisions of this Section, such notice shall be conclusively deemed given
        seven
        days after deposit thereof in the United States mail. 

       

              3.3    Waiver
        and Amendment.    Any term, provision, covenant,
        representation, warranty or condition of this Agreement may be waived, but
        only
        by a written instrument signed by the party entitled to the benefits thereof.
        The failure or delay of any party at any time or times to require performance
        of
        any provision hereof or to exercise its rights with respect to any provision
        hereof shall in no manner operate as a waiver of or affect such party's right
        at
        a later time to enforce the same. No waiver by any party of any condition,
        or of
        the breach of any term, provision, covenant, representation or warranty
        contained in this Agreement, in any one or more instances, shall be deemed
        to be
        or construed as a further or continuing waiver of any such condition or breach
        or waiver of any other condition or of the breach of any other term, provision,
        covenant, representation or warranty. No modification or amendment of this
        Agreement shall be valid and binding unless it be in writing and signed by
        all
        parties hereto. 

       

      
        
          
          

        

        
          
          

          
            

          

        

        
          
          

        

      

       

              3.4    Choice
        of Law.    This Agreement and the rights of the parties
        hereunder shall be governed by and construed in accordance with the laws
        of the
        State of California including all matters of construction, validity,
        performance, and enforcement and without giving effect to the principles
        of
        conflict of laws. 

       

              3.5    Jurisdiction.    The
        parties submit to the jurisdiction of the Courts of the County of San Diego,
        State of California or a Federal Court empanelled in the State of California
        for
        the resolution of all legal disputes arising under the terms of this Agreement,
        including, but not limited to, enforcement of any arbitration award.

       

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

       

              3.7    Attorneys'
        Fees.    Except as otherwise provided herein, if a dispute
        should arise between the parties including, but not limited to arbitration,
        the
        prevailing party shall be reimbursed by the non-prevailing party for all
        reasonable expenses incurred in resolving such dispute, including reasonable
        attorneys' fees exclusive of such amount of attorneys' fees as shall be a
        premium for result or for risk of loss under a contingency fee arrangement.
        

       

              3.8    Taxes.    Any
        income taxes required to be paid in connection with the payments due hereunder,
        shall be borne by the party required to make such payment. Any withholding
        taxes
        in the nature of a tax on income shall be deducted from payments due, and
        the
        party required to withhold such tax shall furnish to the party receiving
        such
        payment all documentation necessary to prove the proper amount to withhold
        of
        such taxes and to prove payment to the tax authority of such required
        withholding. 

       

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

      SELLER

      The
        Small
        Business Company Inc., a Delaware Corporation

       

      /s/
        Stuart
        Schreiber                                    

      By:
        Stuart Schreiber

      President
        & CEO

      PURCHASER

      A.S.
        Austin Company, a Nevada Corporation

       

      /s/
        Andrew S.
        Austin                                  

      By:
        Andrew S. Austin

      Title:
        President 

      Tax
        ID:
        20 4970311STOCK
      PURCHASE AGREEMENT

     

            THIS
      STOCK PURCHASE AGREEMENT ("Agreement"), dated as of February 12, 2007, is by
      and
      between Heather Austin, an
      Individual ("PURCHASER"),
      and The Small Business Company, Inc., a Delaware corporation ("SELLER")
      (collectively, the "PARTIES"). 

     

    W
      I T N E
      S S E T H 

     

            WHEREAS,
      SELLER has offered for sale to PURCHASER shares of common stock of SELLER (the
      "Shares") at a purchase price of $0.25 per Share. 

     

            WHEREAS,
      SELLER desires to sell to PURCHASER and PURCHASER desires to purchase from
      SELLER, 40,000 Shares upon the terms and conditions set forth herein.

     

            NOW
      THEREFORE, in consideration of the promises and respective mutual agreements
      herein contained, it is agreed by and between the PARTIES hereto as follows:
      

     

    ARTICLE
      1

     

    SALE
      AND
      PURCHASE OF THE SHARES 

     

            1.1    Sale
      of the Shares.    Upon execution of this Agreement (the
      "Closing"), subject to the terms and conditions herein set forth, and on the
      basis of the representations, warranties and agreements herein contained, SELLER
      shall sell to PURCHASER, and PURCHASER shall purchase from SELLER, the Shares.
      

     

            1.2    Instruments
      of Conveyance and Transfer.    As soon as practicable after
      the Closing, SELLER shall deliver a certificate or certificates representing
      the
      Shares of SELLER to PURCHASER sufficient to transfer all right, title and
      interest in the Shares to PURCHASER. 

     

            1.3    Consideration
      and Payment for the Shares.    In consideration for the
      Shares, PURCHASER shall pay a purchase price of a total of ten thousand dollars
      ($10,000.00) ($0.25 per Share) ("Purchase Price"). 

     

    ARTICLE
      2

     

    REPRESENTATIONS
      AND COVENANTS OF SELLER AND PURCHASER 

     

            2.1   SELLER
      hereby represents and warrants that: 

     

            (a)   The
      Shares issued hereunder (the "Shares") have been duly authorized by the
      appropriate corporate action of SELLER. 

     

            (b)   SELLER
      shall transfer title, in and to the Shares to PURCHASER free and clear of all
      liens, security interests, pledges, encumbrances, charges, restrictions, demands
      and claims, of any kind and nature whatsoever, whether direct or indirect or
      contingent. 

     

            (c)   As
      soon as practicable after the Closing Date, SELLER shall deliver to PURCHASER
      a
      certificate or certificates representing the Shares subject to no liens,
      security interests, pledges, encumbrances, charges, restrictions, demands or
      claims in any other party whatsoever, except as set forth in the legend on
      the
      certificate, which legend shall provide substantially as follows: 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    THE
      SHARES (OR OTHER SECURITIES) REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN
      REGISTERED UNDER THE SECURITIES ACT OF 1933. THE SHARES MAY NOT BE SOLD OR
      TRANSFERRED IN THE ABSENCE OF SUCH REGISTRATION OR AN OPINION OF COUNSEL THAT
      AN
      EXEMPTION FROM REGISTRATION UNDER SUCH ACT IS AVAILABLE. 

     

            (d)   PURCHASER
      acknowledges that the Shares will initially be "restricted securities" (as
      such
      term is defined in Rule 144 promulgated under the Securities Act of 1933,
      as amended ("Rule 144"), that the Shares will include the foregoing
      restrictive legend, and, except as otherwise set forth in this Agreement, that
      the Shares cannot be sold unless registered with the United States Securities
      and Exchange Commission ("SEC") and qualified by appropriate state securities
      regulators, or unless PURCHASER obtains written consent from SELLER and
      otherwise complies with an exemption from such registration and qualification
      (including, without limitation, compliance with Rule 144). 

     

            (e)   The
      Company is obligated to register the Shares in any registration statement filed
      by the Company with the Securities and Exchange Commission after the Closing
      Date,
      except
      with respect to registration statements on Forms S-4, S-8 or another form not
      available for registering the Shares for sale to the public,
      so that
      holders of the Shares shall be entitled to sell the same simultaneously with
      and
      upon the terms and conditions as the securities sold for the account of the
      Company are being sold pursuant to any such registration statement, subject
      to
      such lock-up provisions as may be proposed by the underwriter of said
      registration statement (the "Piggyback Registration Right"). 

     

            (f)   PURCHASER
      acknowledges and agrees that SELLER makes no other representations or warranties
      with respect to the Shares or the SELLER. 

     

            2.2   PURCHASER
      represents and warrants to SELLER as follows: 

     

            (a)   PURCHASER
      has adequate means of providing for current needs and contingencies, has no
      need
      for liquidity in the investment, and is able to bear the economic risk of an
      investment in the Shares offered by SELLER of the size contemplated. PURCHASER
      represents that PURCHASER is able to bear the economic risk of the investment
      and at the present time could afford a complete loss of such investment.
      PURCHASER has had a full opportunity to inspect the books and records of the
      SELLER and to make any and all inquiries of SELLER officers and directors
      regarding the SELLER and its business as PURCHASER has deemed appropriate.
      

     

            (b)  PURCHASER
      is an entity duly organized, validly existing and in good standing under the
      laws of the jurisdiction of its organization with full rights, corporate,
      partnership or limited liability company power and authority to enter into
      and
      to consummate the transactions contemplated by this Agreement and otherwise
      to
      carry out its obligations hereunder. The execution, delivery and performance
      by
      PURCHASER of the transactions contemplated by this Agreement have been duly
      authorized by all necessary corporate or similar action on the part of
      PURCHASER. This Agreement has been duly executed by PURCHASER and when delivered
      in accordance with the terms hereof, will constitute the valid and legally
      binding obligation of PURCHASER, enforceable in accordance with its
      terms. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    (c) PURCHASER
      is an "Accredited Investor" as defined in Regulation D of the Securities
      Act of 1933 (the "Act") or PURCHASER, either alone or with PURCHASER's
      professional advisers who are unaffiliated with, have no equity interest in
      and
      are not compensated by SELLER or any affiliate or selling agent of SELLER,
      directly or indirectly, has sufficient knowledge and experience in financial
      and
      business matters that PURCHASER is capable of evaluating the merits and risks
      of
      an investment in the Shares offered by SELLER and of making an informed
      investment decision with respect thereto and has the capacity to protect
      PURCHASER's own interests in connection with PURCHASER's proposed investment
      in
      the Shares. 

     

            (d   PURCHASER
      is acquiring the Shares solely for PURCHASER'S own account as principal, for
      investment purposes only and not with a view to the resale or distribution
      thereof, in whole or in part, and no other person or entity has a direct or
      indirect beneficial interest in such Shares. 

     

            (e)   PURCHASER
      will not sell or otherwise transfer the Shares without registration under the
      Act or an exemption there from and fully understands and agrees that PURCHASER
      must bear the economic risk of PURCHASER'S purchase for an indefinite period
      of
      time because, among other reasons, the Shares have not been registered under
      the
      Act or under the securities laws of any state and, therefore, cannot be resold,
      pledged, assigned or otherwise disposed of unless they are subsequently
      registered under the Act and under the applicable securities laws of such states
      or unless an exemption from such registration is available. 

     

    ARTICLE
      3

     

    MISCELLANEOUS
      

     

            3.1    Entire
      Agreement.    This Agreement sets forth the entire agreement
      and understanding of the parties hereto with respect to the transactions
      contemplated hereby, and supersedes all prior agreements, arrangements and
      understandings related to the subject matter hereof. No understanding, promise,
      inducement, statement of intention, representation, warranty, covenant or
      condition, written or oral, express or implied, whether by statute or otherwise,
      has been made by any party hereto which is not embodied in this Agreement or
      the
      written statements, certificates, or other documents delivered pursuant hereto
      or in connection with the transactions contemplated hereby, and no party hereto
      shall be bound by or liable for any alleged understanding, promise, inducement,
      statement, representation, warranty, covenant or condition not so set forth.
      

     

            3.2    Notices.    Any
      notice, request, instruction, or other document required by the terms of this
      Agreement, or deemed by any of the parties hereto to be desirable, to be given
      to any other party hereto shall be in writing and shall be given by facsimile,
      personal delivery, overnight delivery, or mailed by registered or certified
      mail, postage prepaid, with return receipt requested. If notice is given by
      facsimile, personal delivery, or overnight delivery in accordance with the
      provisions of this Section, said notice shall be conclusively deemed given
      at
      the time of such delivery. If notice is given by mail in accordance with the
      provisions of this Section, such notice shall be conclusively deemed given
      seven
      days after deposit thereof in the United States mail. 

     

            3.3    Waiver
      and Amendment.    Any term, provision, covenant,
      representation, warranty or condition of this Agreement may be waived, but
      only
      by a written instrument signed by the party entitled to the benefits thereof.
      The failure or delay of any party at any time or times to require performance
      of
      any provision hereof or to exercise its rights with respect to any provision
      hereof shall in no manner operate as a waiver of or affect such party's right
      at
      a later time to enforce the same. No waiver by any party of any condition,
      or of
      the breach of any term, provision, covenant, representation or warranty
      contained in this Agreement, in any one or more instances, shall be deemed
      to be
      or construed as a further or continuing waiver of any such condition or breach
      or waiver of any other condition or of the breach of any other term, provision,
      covenant, representation or warranty. No modification or amendment of this
      Agreement shall be valid and binding unless it be in writing and signed by
      all
      parties hereto. 

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

            3.4    Choice
      of Law.    This Agreement and the rights of the parties
      hereunder shall be governed by and construed in accordance with the laws of
      the
      State of California including all matters of construction, validity,
      performance, and enforcement and without giving effect to the principles of
      conflict of laws. 

     

            3.5    Jurisdiction.    The
      parties submit to the jurisdiction of the Courts of the County of San Diego,
      State of California or a Federal Court empanelled in the State of California
      for
      the resolution of all legal disputes arising under the terms of this Agreement,
      including, but not limited to, enforcement of any arbitration award.

     

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

     

            3.7    Attorneys'
      Fees.    Except as otherwise provided herein, if a dispute
      should arise between the parties including, but not limited to arbitration,
      the
      prevailing party shall be reimbursed by the non-prevailing party for all
      reasonable expenses incurred in resolving such dispute, including reasonable
      attorneys' fees exclusive of such amount of attorneys' fees as shall be a
      premium for result or for risk of loss under a contingency fee arrangement.
      

     

            3.8    Taxes.    Any
      income taxes required to be paid in connection with the payments due hereunder,
      shall be borne by the party required to make such payment. Any withholding
      taxes
      in the nature of a tax on income shall be deducted from payments due, and the
      party required to withhold such tax shall furnish to the party receiving such
      payment all documentation necessary to prove the proper amount to withhold
      of
      such taxes and to prove payment to the tax authority of such required
      withholding. 

     

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

    

    SELLER

    The
      Small
      Business Company Inc., a Delaware Corporation

    

    /s/
      Stuart
      Schreiber                                     

    By:
      Stuart Schreiber

    President
      & CEO

    

    PURCHASER

    Heather
      Austin

    

    /s/
      Heather
      Austin                                       

    By:
      Heather Austin

    Tax
      ID/SS#: ###-##-####

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00117-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00117-of-00352.parquet"}]]