Document:

Exhibit 10.1 - Office Sublease Agreement

Exhibit 10.1

 

 

EXECUTIVE SUITE

  

OFFICE SUBLEASE AGREEMENT

  

Between

  

CROWN PLAZA EXECUTIVE SUITES CORPORATION, Sublessor

  

and

FUTURE CANADA CHINA ENVIORNMENT, JESSICA CHIANG;

Sublessee and Personal 

Guarantor

For Sublease Space:

4th Floor, Crown Plaza Building

   

114 W. Magnolia Street

  

Suite No. 437

   

Bellingham, Washington 98225

 

 

 

 

 

EXECUTIVE SUITEOFFICE SUBLEASE AGREEMENT

     THIS OFFICE SUBLEASE AGREEMENT ("Sublease") is made and entered into this 12th day of March, 2008 by and between CROWN PLAZA EXECUTIVE SUITES CORPORATION (hereinafter "Sublessor) and FUTURE CANADA CHINA ENVIRONMENT INC., JESSICA CHIANG hereinafter "Sublessee").

RECITALS

     A.   Sublessor, as tenant, and Crown Plaza Corporation, a Washington corporation, as landlord, have entered into an Office Lease Agreement dated January 1, 2005, together with all exhibits, amendments and addenda thereto (hereinafter, collectively, the "Master Lease"), which pertains to certain real property located in the City of Bellingham, Washington.

     B.   Sublessor desires to sublease to Subtenant a portion of the Premises in the Building (hereinafter referred to as the "Sublease Space"), as more fully described in Exhibit "B" attached hereto and made a part hereof, on the terms and conditions set forth below.

WITNESSETH:

     FOR AND IN CONSIDERATION of the rents herein reserved and in further consideration of the mutual promises, terms and conditions hereof, the parties hereby agree as follows:

1.      IDENTIFICATION OF PARTIES, BASIC TERMS AND ENUMERATION OF EXHIBITS. (a) Definitions.

It is understood by both parties that wherever in this document the term "Sublessee" appears, its definition is understood to mean "Sublessee and Personal Guarantor".

	                   (b)  	Identification of Parties.  	  
	  
	SUBLESSOR:  	CROWN PLAZA EXECUTIVE SUITES CORPORATION  
	ADDRESS OF SUBLESSOR:  	114 W. Magnolia, Suite #400  
	  	  	Bellingham, WA 98225  
	 	 	Telephone No. (360) 733-0185     
	  
	SUBLESSEE and GUARANTOR:  	                   FUTURE CANADA CHINA ENVIORNMENT INC.,   
	  	  	                   JESSICA CHIANG    
	ADDRESS OF SUBLESSEE:  	Business Address:  	114 W. Magnolia St., Suite #437  
	  	  	  	Bellingham, WA 98225  
	  	  	Telephone No.  	(360) 392-2828  
	  	  	Contact Person:  	JESSICA LIANG  
	  
	  
	  	  	  	                                                                                         Sublessee's Initials: JC  
	  	  	  	                                                                                         Sublessor's Initials: MLS  

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	SUBLESSEE'S FORM Of BUSINESS ORGANIZATION:  	  	  
	                   Corporation  	       X  	  	  	  
	                   Partnership  	  	  	  	  	  
	                   Sole Proprietor  	  	  	  	  	  
	                   Spouses Name  	  	  	  	  	  
	         (c)  	Basic Terms  	  	  	  	  	  
	SUBLEASE SPACE:  	Suite. No. 437 on the FOURTH (4TH) floor of the Building.  	[&2(b)]  
	SUBLEASE TERM  	ONE YEAR  	  	  	[&4(a)]  
	SUBLEASE COMMENCEMENT DATE:  	MARCH 1, 2008  	  	[&4(a)]  
	SUBLEASE TERMINATION DATE:  	FEBRUARY 28, 2009  	[&4(a)]  
	BASE RENT: $595.00  	  	  	  	  	[&5(a)]  
	RENT COMMENCEMENT DATE: MARCH 1, 2008 (PRORATED)  	[&5(a)]  
	TYPE OF BUSINESS USE:  	GENERAL OFFICE  	  	[&6(a)]  
	SECURITY DEPORT:  	$595.00 (PAID)  	[&17(a)] See Exhibit D, Start Up Costs  
	BROKER'S COMMISSION TO:  	NO BROKER INVOLVED  	[&32(g)]  

         (d)      Enumeration of Exhibits. The exhibits enumerated in this Section and attached to this Sublease are incorporated herein by reference and are to be construed as a part of this Sublease. Each party agrees to perform any obligations on its part stated in any and all such Exhibits:

               Exhibit A: Legal Description

               Exhibit B: Floor Plan of Sublease Space 

               Exhibit C: Rules and Regulations 

               Exhibit D: Start-Up-Costs

               Exhibit T: Telecommunication Services Agreement

2.      DEMISE; PREMISES AND SUBLEASE SPACE.

          (a)     Description. Sublessor leases from Landlord the fourth (4th) floor (hereinafter the "premises") of that certain real property and improvements located thereon situated in the City of Bellingham,. Washington, as more fully described in the legal description thereof attached hereto and made a part hereof as Exhibit "A" (which real property and improvements are hereinafter collectively referred to as the "Building").

           (b)     Demise and Sublease Space. Sublessor hereby subleases and demises unto Sublessee, and Sublessee hereby subleases from Sublessor and agrees to pay for Executive Suite No. 437 which will hereinafter be referred to as the "Sublease Space," located on the fourth floor of the Building. The floor area of the Sublease Space is generally depicted in cross-hatching on the floor plan attached to the Sublease and made a part hereof as Exhibit "B" (which floor plan is hereinafter referred to as the "Floor Plan").

Sublessee's Initials: JC

Sublessor's Initials: MLS

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        (c)    Use of Premises: All such subtenants shall use the Premises for office purposes only.

      (d)    Master Lease. Sublessee acknowledges that this Sublease is subject to all of the terms and conditions of the Master Lease, and upon expiration or other termination of the Master Lease, all sublease agreements shall automatically terminate and be of no further force and effect. Each sublease agreement shall automatically terminate within 14 days after receipt by Sublessee of written notice from Sublessor that the use of a portion of the Premises is disruptive or interferes with the quiet enjoyment of the Property by other tenants of the Property. If such disruptive or interfering issues continue and have not stopped, in the Sublessor's sole judgment, the sublease shall immediately terminate upon receipt by Sublessee of a second written notice from Lessor that the subtenant's use of a portion of the premises is disruptive or interferes with the quiet enjoyment of the Property by other tenants of the Property. Sublessee shall at all times fully comply with all statutes, ordinances, rules and regulations applicable to such business and the Sublessee=s use or occupancy of the Premises.

3.      COMMON AREAS.

      (a)    Definition. The term "Common Areas" shall mean those areas of the Building and other property leased by Sublessor that are provided and designated by Sublessor from time to time for the general non-exclusive use of Sublessor, Sublessee, other tenants of the Sublessor and the respective employees, suppliers, shippers, customers, clients, invitees and licensees of such parties. Sublessor shall maintain the Common Areas in good order, condition and repair.

      (b)    Sublessee=s Rights. Sublessor hereby grants to Sublessee, for the benefit of Sublessee and its employees, during the Term of this Sublease, the non-exclusive right to use, in common with others entitled to such use, the Common Areas as they exist from time to time, subject to rights reserved by Sublessor to make changes to the Common Areas, to close same temporarily for maintenance purposes and make such other changes in, to or with respect to the Common Areas as Sublessor may, in the exercise of reasonable business judgment, deem to be appropriate, provided, however, that Sublessor shall use its best efforts to minimize interference with Sublessee's use of the Sublease Space in the event Sublessor undertakes such activities and changes.

      (c)    Parking Restrictions. Sublessee understands that Sublessor maintains no parking facilities for Sublessee and that vehicle parking adjacent to the Building is restricted for the exclusive use of customers, clients, business invitees of tenants in the Building, and other persons authorized by Sublessor. Sublessor reserves the right to terminate this parking at any time.

4.     TERM.

      (a)    Term. The Term of this Sublease shall be for a period of TWELVE (12) months, commencing on MARCH 1, 2008 the "Commencement. Date") and ending at midnight on FEBRUARY 28, 2009 ("the Termination Date"), unless sooner terminated pursuant to any provision hereof, or extended pursuant to any Option for such purpose provided in a Rider to this Sublease. See Section 2l of this Sublease.

      (b)    Delay in Possession. Notwithstanding the Commencement Date specified above, if for any reason Sublessor cannot deliver possession of the Sublease Space to Sublessee on said date, this Sublease shall not be void or voidable, the Termination Date shall not be extended, and Sublessor shall not be subject to liability for such delay, but in such case Sublessee shall not be obligated to pay rent for such period until possession of the Sublease Space is tendered to Sublessee. In the event that Sublessor shall not have delivered possession of the Sublease Space within thirty (30) days from the specified Commencement Dame, Sublessee may, at its option, cancelled this Sublease by giving notice to Sublessor in

Sublessee's Initials: JC

Sublessor's Initials: MLS

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writing within ten (10) days thereafter, in which event both parties shall be discharged from all obligations hereunder; otherwise, the Sublease shall remain in full force and effect.

       (c)      Early Possession. If Sublessee occupies the Sublease Space prior to said Commencement Date with the consent of Sublessor, such occupancy shall be subject to all provisions of this Sublease. Such occupancy shall not advance either the Commencement Date or the Termination Date. Unless otherwise provided in writing in this Sublease, Sublessee shall pay rent during any period of Early Possession at the rates established in Section 1(c) and 5 hereof.

5.      RENT.

       (a)    Base Rent. Sublessee covenants and agrees to pay the Sublessor, as rental for said Sublease Space, for the entire term of the Sublease defined in Paragraph 4, without any offset or deduction, on or before the first day of each month, Base Rent in the sum of $595.00 per month. All payments of rent and other sums due hereunder shall be paid to the Sublessor in lawful money of the United States at such place as Sublessor may from time to time designate in writing to Sublessee.

      (b)      Late Payments. In the event Sublessee should fail to pay any installment of rent or any other sum due hereunder within FIVE (5) days of the date upon which such amount is due, Sublessee shall pay to Sublessor as additional rent a late charge equal to 5% of any such sum then due and unpaid and, in addition, Sublessee shall pay to Sublessor interest on said sum at the rate of twelve percent (12%) per annum from the due date of any sum until paid.

6.      BUSINESS PURPOSE/USE.

     The Sublease Space are to be used for the purposes set forth in Section 1(b) of this Sublease and for no other use or purpose without the prior written consent of the Sublessor, which consent shall not be unreasonably withheld, conditioned or delayed. The Sublessee shall at all times fully comply with all statutes, ordinances, rules and regulations applicable to its business conducted on, and the Sublessee's use or occupancy of, the Sublease Space. Sublessee, its agents, invitees, licensees, permittees and employees shall not do, permit or suffer anything to be done in, on or about the Sublease Space which will in any way create a nuisance or obstruct or unreasonably interfere with the right of other tenants or occupants of the Building or the Sublessor. Sublessee shall comply at all times with the Rules and Regulations attached hereto as Exhibit "C".

7.      DEPOSIT.

       (a) Deposit. As partial consideration for the execution of this Sublease, the Sublessee has previously paid the Sublessor the sum of $595.00, the receipt of which is hereby acknowledged.

       (b) Application of Deposit. If the Sublessee shall have fully complied with all of the covenants, agreements, terms and conditions of this Sublease, $485.00 of the above deposit, or so much thereof as remains after payment of sums due Sublessor by Sublessee hereunder, shall be paid to Sublessee within thirty (30) business days after Sublessee vacates the Sublease Space upon the expiration of this Sublease or the earlier termination of this Sublease with the Sublessor's consent. ($110.00, per suite, of the deposit shall be retained by the Sublessor, at the termination of the Sublease, for carpet care and painting.) The deposit may be commingled with other funds of Sublessor and shall not bear interest.

8.      SERVICES AND UTILITIES.

        (a)      Special Services. Sublessor may provide secretarial and administrative services for the benefit of Sublessee, pursuant to the terms of a separate agreement negotiated by the parties for such purpose, at such rates as may be negotiated from time to time. Sublessor agrees to answer Sublessee's business telephone line and to provide Reception Services in the form of greeting and announcing Sublessee's clients during regular business hours.

       (b)      Conference Room. Two conference rooms are available by appointment at no additional charge. Sublessor reserves the right to change which Conference Room is scheduled from time to time.

Sublessee's Initials: JC

Sublessor's Initials: MLS

Sublessor reserves the right to cancel reservations for conference rooms which have not been utilized within 15 minutes of the appointed time.

       (c)    Common Area Utilities. So long as the Sublessee is not in default under any of the provisions of this Sublease, the Sublessor shall furnish telephone service, electricity, heat, air conditioning, lighting, janitor service for the Common Areas, as well as lighting and power for Sublessee's own equipment or for ordinary office machines and equipment for the Sublease Space during ordinary business hours. Sublessor shall not be liable for any injury, damages or costs which may arise or accrue should the furnishing of any of the above services or utilities be prevented or interrupted, for any reason, except to the extent resulting from the intentional or negligent acts or omissions of Sublessor, its agents, employees or contractors, including act by local utility company, fire, accident, strike, riot, act of God, the making of necessary repairs or improvements, governmental action or any other cause beyond the control of Sublessor. Notwithstanding the foregoing, in the event that any utility is interrupted as a result of any act or omission of Sublessor, its agents, employees or contractors, and such interruption continues for more than forty-eight (48) hours and materially and adversely affects the conduct of Sublessee's business operations on the Sublease Space, rent shall abate and, in the event that such interruption shall continue for ten (10) days, Sublessee shall be entitled to terminate this Sublease.

9.      INSURANCE; WAIVER OF SUBROGATION; INDEMNIFICATION.

       (a)    Liability Insurance - Sublessee. Sublessee shall, at Sublessee=s expense, obtain and keep in force during the term of this Sublease a policy of Combined Single Limit Bodily Injury and Property Damage insurance insuring Sublessee and Sublessor against any liability arising out of Sublessee's use, occupancy or maintenance of the Sublease Space and the Building. Such insurance shall be in an amount not less than $1,000,000.00 per occurrence. The limits of said insurance shall not, however, limit the liability of Sublessee hereunder.

       (b)    Insurance Policy. Insurance required hereunder shall be in companies holding a "General Policyholders Rating" of at least B plus, or such other rating as may be required by a lender having a lien on the Sublease Space, as set forth in the most current issue of "Best's Insurance Guide." Sublessee shall not do or permit to be done anything which shall invalidate the insurance policies carried by Sublessor, to the extent written notice of such act or omission is provided to Sublessee. Sublessee shall deliver to Sublessor certificates of insurance evidencing the existence and amounts of such insurance, naming Sublessor, its successors and assigns, as additional insureds with respect to the Sublease Space, within ten (10) days after the Commencement Date of this Sublease or prior to or upon taking occupancy, whichever is sooner. No such policy shall be cancelable or subject to reduction of coverage or other modification except after thirty (30) days prior written notice to Sublessor. Sublessee shall, at least thirty (30) days prior to the expiration of such policies, furnish Sublessor with renewal certificates therefore.

       (c)    Waiver of Subrogation. Neither Sublessor nor Sublessee shall be liable to the other (by way of subrogation or otherwise) or to any insurance company insuring the other party for any loss or damage to any building, structure or other tangible property, or any resulting loss of income, or losses under workers compensation laws and benefits, even though such loss or damage might have been occasioned by the negligence of such party, its agents or employees if any such loss or damage is covered by insurance benefiting the party suffering such loss or damage or was required to be covered by insurance pursuant to this Sublease. Sublessee and Sublessor shall, upon obtaining the policies or insurance required give notice to the insurance carrier or carriers that the foregoing mutual waiver of subrogation is contained in this Sublease.

10.      ASSIGNMENT AND SUBLETTING.

       (a)    No Assignment or Subletting. Sublessee shall not assign this Sublease, or any interest in this Sublease, nor permit the use of the Sublease Space by any person other than the Sublessee, nor sublet said Sublease Space or any part thereof, without the prior written approval of the Sublessor.

Sublessee's Initials: JC

Sublessor's Initials: MLS

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Sublessor may at it's sole discretion, withhold such approval from any proposed assignment or sublease when proposed subtenant is not financially capable, in the sole determination of the Sublessor, of meeting it's commitment under the said sublease, or when the proposed subtenant or assignee is currently a tenant of the Landlord (Sublessor) or has been a tenant of the Landlord (Sublessor) within the previous 6 months.

         (b)    Sublessee's Primary Liability. Notwithstanding the foregoing, no assignment or subletting shall release or relieve the Sublessee from the primary obligation and responsibility of making all payments and performing all obligations at the times and in the manner called for in this Sublease.

11.      ACCEPTANCE, CARE AND SURRENDER OF SUBLEASE SPACE.

         (a)    Acceptance of Sublease Space; Care of Sublease Space. Sublessee has examined the Sublease Space and accepts them in their present condition and will at all times keep the Sublease Space in a neat, clean and sanitary condition, including reasonable care, cleaning and maintenance with respect to the floor covering and window covering within the Sublease Space. Sublessee will, upon receipt of an invoice therefore, promptly reimburse Sublessor for the reasonable replacement cost of any glass of windows and doors in the Sublease Space as may become cracked or broken due to the negligence of the Sublessee. If such glass is cracked or broken due to any other cause, Sublessor shall promptly replace such glass. Sublessee agrees to repair any damage to the Sublease Space arising because of the removal or relocation of its equipment, fixtures or personal property or otherwise caused by Sublessee, its agents, licensees, invitees, employees and/or contractors.

        (b)    Surrender of Sublease Space. Sublessee shall, at the expiration or earlier termination of this Sublease, surrender possession of the Sublease Space to the Sublessor in the condition as accepted hereunder; or, in the event any alterations or improvements approved by Sublessor are made hereafter, then in the condition prior to making the alterations or improvements or at the sole discretion or the Sublessor in the condition in which they shall be after the making of such alterations or improvements, except for ordinary wear and tear, or damage by Sublessor or other occupants of the Building.

12.      ALTERATIONS OR IMPROVEMENTS.

     Sublessee shall not make any alterations, additions, renovations or improvements in or to the Sublease Space, without first obtaining the written consent of the Sublessor, which consent shall not be unreasonably withheld, conditioned or delayed.

13.      ACCESS.

     Sublessee shall have access to the Sublease Space twenty-four (24) hours per day, seven (7) days per week. Upon reasonable prior written notice to Sublessee, the Sublessor and its agents shall have the right to inspect the Sublease Space at all reasonable times during normal business hours and shall have the right to enter the same for purposes of cleaning, repairing, altering, or improving the Sublease Space, or the Building or those portions of the Building located within the Sublease Space which serve other tenants in the Building. Notwithstanding the foregoing, Sublessor may enter the Sublease Space without notice for the purpose of any emergency, provided Sublessor shall notify Sublessee as soon as it is reasonably possible after any such emergency entry. No such entry by Sublessor shall be deemed to be an actual or constructive eviction of the Sublessee. The Sublessee shall not install any new lock or bolt on any door without the Sublessor's prior written consent.

14.      SIGNS OR ADVERTISING.

          (a)    Sublessor's Consent. The Sublessee will not inscribe any inscription or post, place, or in any manner display any sign, notice, picture or poster, or any advertising matter whatsoever anywhere in or about the Premises, Common Areas or the Building, without first obtaining the Sublessor's written consent thereto, such consent not to be unreasonably withheld, conditioned or delayed. Any consent so obtained from Sublessor shall be with the understanding and agreement that Sublessee will remove same at the termination of the tenancy herein created and repair any damage or injury to the Premises or Building caused thereby. 

Sublessee's Initials: JC

Sublessor's Initials: MLS

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        (b)    Building Directory. The Sublessor shall at all times maintain in the Building a directory for tenants in the Building, which Sublessor shall cause to be updated at reasonable intervals.

15.     WASTE AND UNLAWFUL USE.

     The Sublessee will not commit or suffer any waste upon the Sublease Space or Building, or disturb the quiet enjoyment of other tenants of said Building by making or suffering any unreasonably objectionable nuisance, undue or unseemly noise or vibration, and will not do or permit to be done in or about the Sublease Space anything which is illegal or unlawful, or which will be dangerous to life or limb, or which will increase any insurance rate upon said Sublease Space or said Building.

16.     SUCCESSORS.

     Subject to the provisions of Sections 10 and 26 hereof, all the covenants, agreements, terms and conditions contained in this Sublease shall apply to and be binding upon the Sublessor and the Sublessee and their respective heirs, executors, administrators, successors, marital communities, if any, and assigns.

17.     TAXES.

     Sublessee shall pay before delinquency any and all taxes, assessments, license fees and public charges levied, assessed or imposed and which shall become payable during the term of this Sublease upon Sublessee's trade fixtures, furniture, equipment and personal property installed or located in the Sublease Space.

18.     LIENS AND ENCUMBRANCES.

        (a)    Liens. The Sublessee shall keep the Sublease Space and the Building free from any liens arising out of any work performed, materials furnished or obligations incurred by the Sublessee.

        (b)    Encumbrances. It is understood and agreed that Sublessee shall have no right to grant any mortgage, assignment, deed of trust, security agreement, financing statement or other document or instrument (hereinafter collectively and individually referred to as a Amortgage@) to secure the payment of any sum or the performance of any obligation, where such mortgage includes the legal description or street address of the Sublease Space, Building or any part thereof.

19.     COST AND ATTORNEY'S FEES.

     If by reason of any default or breach hereunder by either of the parties, it becomes necessary to institute a lawsuit or to commence arbitration, or in the event that either party shall commence such an action to interpret or enforce the terms hereof, then the prevailing party in such lawsuit or arbitration shall be entitled to recover, as part of any such judgment or decision, all such amounts as shall be reasonably incurred by such prevailing party for attorneys' fees and any and all such other costs as shall be reasonably and necessarily incurred in pursuit of such lawsuit or arbitration. This provision shall also apply for the benefit of the prevailing party in any appeal taken therefrom.

20.      NON-WAIVER OF BREACH.

     The failure of either Sublessor or Sublessee to insist upon strict performance of any of the covenants and agreements of this Sublease or to exercise any option therein conferred in any one or more instances, shall not be construed to be a waiver or relinquishment of any such covenant or agreement or option or of any other covenant or agreement or option, but the same shall be and remain in full force and effect.

Sublessee's Initials: JC

Sublessor's Initials: MLS

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21.     HOLDOVER.

        (a)    Holdover Prohibited. Sublessee shall not hold over past the Termination Date without the written consent of the Sublessor. If Sublessee shall, without the written consent of the Sublessor, hold over after the expiration of the Term of this Sublease, if Sublessor elects not to avail itself of its legal remedies for breach, such tenancy shall be for an indefinite period of time on a month-to-month tenancy, which tenancy may be terminated as then provided by the laws of the State.

        (b)    Rent and Terms. During such tenancy, if Sublessor waives breach, the Sublessee shall pay to Sublessor a monthly Rent (together with any and all Additional Rent, and any other payments called for above) equal to one hundred twenty-five percent (125%) of the monthly installment of Base Rent applicable for the month in which the Term hereof expired or was terminated, and be bound by all the other terms, covenants, and conditions of this Sublease, except as modified in this Section 21.

22.     CONDEMNATION; CASUALTY.

        (a)    Right to Terminate. A condemnation of the entire Building or a condemnation of any portion of the Sublease Space occupied by Sublessee shall result in a termination of this Sublease.

        (b)    Award. If part or all of the Sublease Space or Building shall be taken or condemned, all compensation awarded upon such condemnation or taking shall go to the Sublessor and Sublessee shall have no claim thereto, and the Sublessee hereby irrevocably assigns and transfers to the Sublessor any right to compensation or damage to which the Sublessor may be entitled during the term hereof by reason of the condemnation of all, or a part of the Sublease Space; provided, that Sublessor shall promptly notify Sublessee in writing of the pendency of any condemnation proceedings affecting the Building, and the Sublessee shall have the right to receive any award for moving or relocation costs or other awards granted specifically to it.

23.     NOTICES.

     All notices, statements, demands, requests, consents, approvals, authorizations, offers, agreements, appointments, or designations desired or required to be given under this Sublease by either party to the other shall be in writing and shall be sufficiently given if personally hand-delivered to the party to receive the same or if sent by certified mail, return receipt requested, postage prepaid, and addressed to the party to receive the same at the addresses listed in Section 1 of this Sublease, or to such other address as each respective party may designate from time to time by written notice to the other.

24.     SUBORDINATION.

        (a)    Subordination. This Sublease, at Sublessor's option shall be subordinate to any ground lease, mortgage, deed of trust, or any other hypothecation for security now or hereafter placed under the real property or Building of which the Sublease Space are a part and to any and all advances made on the security thereof and to all renewals, modifications, amendments, consolidations, replacements and extensions thereof. As long as Sublessee performs its obligations under this Sublease, no foreclosure nor deed in lieu of foreclosure, nor sale pursuant to the encumbrance, nor any steps taken to enforce the encumbrance, shall disturb Sublessee's right to possession of the Sublease Space or quiet enjoyment thereof.

        (b)    Delivery of Documents. Subject to Section 25 of this Sublease, Sublessee agrees to execute any documents reasonably required to effectuate such subordination or to make this Sublease subordinate to the lien of any ground lease, mortgage, deed of trust, or other security document, as the case may be, and failing to do so within ten (10) days after Sublessee's receipt of a written demand from Sublessor shall give the Sublessor the right to terminate this Sublease for default; provided, however, that such documents do not increase any of Sublessee's obligations nor decrease any of Sublessee's rights hereunder.

Sublessee's Initials: JC

Sublessor's Initials: MLS

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25.     ATTORNMENT.

     In the event of foreclosure or the exercise of the power of sale under any mortgage or deed of trust made by the Sublessor covering the Sublease Space, or in the event of any sale in lieu thereof, the Sublessee shall attorn to the purchaser upon any such foreclosure or sale and recognize such purchaser as the Sublessor under this Sublease, provided said purchaser expressly agrees in writing that, so long as Sublessee is not in default under the Sublease, the Sublessee's possession and occupancy of the Sublease Space shall not be disturbed and said purchaser will thereafter perform all of the obligations of the Sublessor under this Sublease.

26.     SUBLESSEE'S ESTOPPEL CERTIFICATES.

        (a)    General. Sublessee shall, within thirty days after Sublessee's receipt of a written request from Sublessor execute, acknowledge and deliver to Sublessor or its designee a written statement certifying as follows: (i) the date this Sublease was executed, its commencement date if different from the date of execution and the date on which this Sublease expires; (ii) the date the Sublessee entered into occupancy of the Sublease Space; (iii) the amount of Base Rent payable under this Sublease; (iv) the date to which the Base Rent has been paid; (v) that this Sublease is in full force and effect and has not been assigned, modified, supplemented or amended in any way (or specifying the date and terms of agreement so affecting this Sublease); (vi) that this Sublease represents the entire agreement between the parties as to this leasing; (vii) that all conditions under this Sublease to be performed by the Sublessor have been satisfied; (viii) that there are no existing defenses or offsets which the Sublessee has against the enforcement of this Sublease by the Sublessor, (ix) that no rent has been paid more than one month in advance; (x) and that no security has been deposited with Sublessor (or, if so, the amount thereof).

        (b)    Reliance. It is intended that any such statement delivered pursuant to this Section may be relied upon by a prospective purchaser of Sublessor=s interest or a mortgagee of Sublessor's interest or assignee of any mortgage upon Sublessor's interest in the Building.

        (c)    Failure to Respond. If Sublessee shall fail to respond within thirty days of receipt by Sublessee of a written request by Sublessor as herein provided, Sublessee shall be deemed to have given such certificate as above provided without modification and shall be deemed to have admitted the accuracy of any information supplied by Sublessor to a prospective purchaser or mortgagee and that this Sublease is in full force and effect, that there are no uncured defaults in Sublessor's performance, that the security deposit is as stated in this Sublease, and that not more than one month's rent has been paid in advance.

27.     BREACH BY SUBLESSEE.

        (a)    Default. The occurrence of any one or more of the following events shall constitute a default and breach of this Sublease by Sublessee.

(1)    Vacating the Premises. The vacating or abandonment of the Premises by lessee.

(2)    Failure to Pay Rent. The failure by Sublessee to make any payment of Rent, Additional Rent or any other payment required to be made by Sublessee hereunder, as and when due, where such failure shall continue for a period of three (3) days after receipt of written notice thereof by Sublessee.

(3)    Failure to Perform. The failure by Sublessee to observe or perform any of the covenants, conditions or provisions of this Sublease to be observed or performed by the Sublessee, other than described in Section 27(a)(2) above, where such failure shall continue for a period of thirty (30) days after written notice thereof by Sublessor to Sublessee; provided, however, that if the nature of Sublessee's default is such that more than thirty (30) days are reasonably required for its cure, then Sublessee shall not be deemed to be in default if Sublessee commences such cure within said thirty (30) day period and thereafter diligently prosecutes such cure to completion.

Sublessee's Initials: JC

Sublessor's Initials: MLS

-10-

(4) Insolvency. Either (i) the appointment of a receiver to take possession of all or any part of the assets of Sublessee; or (ii) the general assignment by Sublessee for the benefit of creditors, or (iii) any action taken or suffered by Sublessee under any state or federal insolvency or bankruptcy act if such appointment, assignment or action shall not be set aside, vacated, or discharged within thirty (30) days.

(5) Misrepresentation. The discovery by Sublessor that any financial statement given to Sublessor by Sublessee, any assignee of Sublessee, any subtenant of Sublessee, any successor in interest of Sublessee or any guarantor of Sublessee's obligation hereunder, was materially false.

        (b)    Remedies. In the event of a default, Sublessor, besides other rights or remedies that it may have, shall have the right to either terminate this Lease and, at Sublessor=s option, accelerate the unpaid balance of Base Rent owing under this Lease at such time, or from time to time, without terminating this Lease, relet the Premises or any part thereof for the account and in the name of Lessee or otherwise, for any such term or terms and conditions as Lessor in its solo discretion may deem advisable with the right to make alterations and repairs to the Premises. Whether this Lease is terminated or not, Lessee shall pay to Lessor, as soon as ascertained, the costs and expenses incurred by Lessor in obtaining possession of the Premises, reletting, making such alterations and repairs, and/or exercising its rights hereunder which costs and expenses shall include, but not be limited to attorneys' fees (whether or not suit is commenced), real estate commissions, advertising costs and remodeling and/or construction costs, if the Premises are relet, rentals received by Lessor from such reletting shall be applied; (i) to the payment of any indebtedness, other than rent, due hereunder from Lessee to Lessor; (ii) to the payment of the cost of any alterations and repairs to the Premises necessary to return the Premises to good condition, normal wear and tear excepted, for uses permitted by this Lease and the cost of storing any of Lessee's property left on the Premises at the time of reletting; (iii) to the payment of rent due and unpaid hereunder; and the balance, if any, shall be held by Lessor and applied in payment of future rent or damages in the event of termination as the same may become due and payable hereunder and the excess, if any, at the end of the term of this Lease shall be paid to Lessee. Should such rentals received from time to time from such reletting during any month be less than that agreed to be paid during that month by Lessee hereunder, the Lessee shall immediately pay such deficiency to Lessor. Such deficiency shall be calculated and paid monthly.

        (c)    Other Remedies. The Sublessor shall have the right, in addition to the remedies set forth above, to pursue any other remedy now or hereafter available to Sublessor under the laws or judicial decisions of the State of Washington.

28.     REMOVAL OF PROPERTY.

     In the event of any entry in, or taking possession of, the Sublease Space as provided in Section 27 of this Sublease, Sublessor shall have the right, but not the obligation, to remove from the Sublease Space all personal property located therein, and may store the same in any warehouse selected by Sublessor, at the expense and risk of the owners of such personal property, with the right to sell such stored property, upon written notice to Sublessee, in compliance with the laws of the State of Washington, and the proceeds of such sale to be applied first to the cost of such sale, second to the payment of the charges for storage, if any, and third to the payment of any other sums of money which may then be due from Sublessee to Sublessor tinder any of the terms hereof, with the balance, if any, to be promptly paid to Sublessee.

29.     DEFAULT BY SUBLESSOR.

     Sublessor shall not be in default unless Sublessor fails to perform obligations required of Sublessor within a reasonable time, but in no event later than thirty (30) days after written notice by Sublessee to Sublessor and to the holder of any first mortgage or deed of trust covering the Sublease Space and/or Building whose name and address shall have theretofore been furnished to Sublessee in writing. Said notice shall specify wherein Sublessor has failed to perform such obligation; provided, however, that if the nature of Sublessor's obligation is such that more than thirty (30) days are required

Sublessee's Initials: JC

Sublessor's Initials: MLS

-11-

for performance, then Sublessor shall not be in default if Sublessor commences performance within such thirty (30) day period and thereafter diligently prosecutes the same to completion. Sublessee further agrees not to invoke any of its remedies under this Sublease until said thirty (30) days have elapsed. In no event shall Sublessee have the right to terminate this Sublease, or abate the rent or credit or offset damages against the rent provided for in this Sublease, as a result of Sublessor's default and Sublessee's remedies shall be limited to damages and/or an injunction. Except as otherwise provided herein, in no event shall Sublessor have the right to terminate this Sublease if Sublessee. fails to occupy the Sublease Space during all or any portion of the term of the Sublease: provided, however, that Sublessee is not in default beyond any applicable grace period or cure period.

30.     SUBLESSOR'S ADDITIONAL COVENANTS.

        (a)    Quiet Enjoyment. Sublessee shall have quiet possession and enjoyment of the Sublease Space during the term hereof and any extension or renewal thereof. This provision is subject to the lease stipulations between the building owners and the Lessor.

        (b)    Maintenance, Structural Repairs. During the term hereof, Sublessor shall carry out all necessary maintenance and structural repairs to the Building in which the Sublease Space are situated.

        (c)    Taxes. Sublessor shall pay or cause to be paid any municipal or other real property taxes in respect of the Building and land in and on which the Premises are situated apart from such taxes required to be paid by the Sublessee under Section 17 of this Sublease.

31. MISCELLANEOUS.

        (a)    Headings. The paragraph and section headings hereof are for convenience purposes only and shall not be used to expand or interpret the meaning of any part of this Sublease.

        (b)    Time.    Time is of the essence hereof.

        (c)    Severability. If any portion of this Sublease shall be deemed void, illegal or unenforceable, the balance of this Sublease shall not be affected thereby.

        (d)    Law. This Sublease shall be interpreted under the laws of the State of Washington.

        (e)    Jurisdiction. The parties agree that the Superior Court of the State of Washington for Whatcom County, shall have sole jurisdiction over any question, claim, loss or injury arising hereunder which is not specifically made subject to arbitration under the terms of this Sublease.

        (f)    Acceptance of Keys. The acceptance of keys to the Sublease Space by the Sublessor, its agents, employees, contractors or any other person on Sublessor's behalf shall not be deemed or constitute a termination of this Sublease unless such termination is evidenced in writing signed by the Sublessor.

        (g)    Broker's Commission. Each party hereby represents and warrants to the other that no real estate broker's, salesman's or finder=s fees, commissions or other compensation are due, or will arise, by reason of this transaction except for a commission due (No Broker Involved) which will be paid by Sublessee and each party hereby indemnifies and holds the other harmless from and against any other such fees, commissions and/or compensation which are due, or claimed to be due, by reason of this transaction and arise, or are claimed to arise, by reason of some agreement, arrangement, contract or relationship between the indemnifying party and some other broker, salesman, finder or other person or entity.

32.     ADDITIONAL PERSON

     One person (the tenant/lessee) shall occupy each suite (office). Should the Sublessee wish to allow an office to be used by more than the one full-time equivalent that occupancy shall only be with the written permission of the Landlord (Sublessor) and, if written permission is granted, an ADDITIONAL PERSON CHARGE shall apply and shall be prorated based on a percentage of a full time equivalent. That charge is $95.00 per person per month per full time equivalent.

 

33.     TELEPHONE

     Sublessee acknowledges that it will purchase telephone services from Sublessor. Sublessor agrees to sell Sublessee Telecommunication Services for its use at rates published in the Telephone Service Agreement (Exhibit T). Sublessee agrees that Crown Plaza Executive Suites Corporation will be the sole provider of Telecommunication Services including Internet Access for all lessees in the Crown Plaza Executive Office Suites.

34.     HIRING OF CROWN PLAZA EXECUTIVE OFFICE SUITES EMPLOYEES/STAFF.

     Sublessee understands that Sublessor has incurred substantial time and expenses to obtain personnel for its support services staff. Sublessee agrees not to offer to hire or employ any of the Sublessor's employees/staff. In the event that Sublessee should hire or attempt to hire any of the Sublessor's employees/staff, Sublessee agrees that such offer of employment or hiring of any such employee will constitute a material breach of this Sublease and that such breach shall constitute grounds for the immediate termination of this Sublease. Sublessor=s employees/staff includes all employees of the Sublessor during the period of their employment with Sublessor and for a period of one hundred eighty (180) days thereafter.

35.     GUARANTEE.

     Any Guarantor of this Sublease hereby unconditionally, absolutely and irrevocably guarantees payment to the Sublessee of all liabilities, including loans, owing by Sublessee, which will or may arise pursuant to the terms of this Sublease Agreement, together with interest thereon. The Sublessee shall not be bound to exhaust its recourse nor to take any action against the Sublessee or other parties or on any collateral it may hold before being entitled to payment by the Guarantor of all amounts hereby guaranteed, but may make such demands and take such action as it deems advisable. Notice of default on the part of the Borrower is hereby waived; and the Guarantor agrees to remain bound notwithstanding any permitted assignment of the Sublease, or any extensions or renewals thereof or of any separate indebtedness owing by Sublessee or any part thereof. The Guarantor represents that its economic interests are benefited by the Sublease and/or by any other financial accommodations provided by Sublessor to said Sublessee, whether by subsidiary or affiliate relationships or by trade relationship with Sublessee and that Guarantor is well informed as to the Sublessee's financial condition and will keep so informed without dependence on the Sublessor for any present or future information on the Sublessee's financial condition. If this guaranty be referred to an attorney for enforcement or for collection, the Guarantor agrees to pay the costs and expenses of such action including reasonable attorney's fees and whether or not suit is commenced.

36.     RIDERS.

     The riders, schedules, addenda and exhibits, if any, attached hereto, are made a part of this Sublease by reference.

 

 

 

 

 

 

Sublessee's Initials: JC

Sublessor's Initials: MLS

 

-13-

     IN WITNESS WHEREOF, the Sublessor and Sublessee have signed their names and affixed their seals the day and year first above written.

SUBLESSOR

CROWN PLAZA EXECUTIVE SUITES CORPORATION

	By 	MICHAEL L. SANDILAND 
	Printed Name 	MICHAEL l. SANDILAND 
	Its 	President 	   	   
	   
	Date 	3/12/08 	   	   
	   
	STATE OF WASHINGTON 	) 	 
	   	   	) 	ss 
	COUNTY OF WHATCOM 	) 	 

     I certify that I know or have satisfactory evidence that MICHAEL L. SANDILAND signed this instrument as the PRESIDENT of CROWN PLAZA EXECUTIVE SUITES CORPORATION, Sublessor, and acknowledged it to be the free and voluntary act of such party for the uses and purposes mentioned in the instrument.

	
     Dated: March 12, 2008

STATE OF WASHINGTON

NOTARY SEAL OF 

Victoria L. Moorman 

Expiration: 09-07-11 

Applied

	
VICTORIA L. MOORMAN 

NOTARY PUBLIC in and for the 

State of Washington. 

My Commission Expires 09/07/2011

 

 

 

 

 

 

 

 

 

 

Sublessee's Initials: JC

Sublessor's Initials: MLS

-14-

SUBLESSEE AND GUARANTOR:

FUTURE CANADA CHINA ENVIORNMENT, JESSICA LIANG

	BY 	JESSICA CHIANG 	 	 
	Printed Name      	JESSICA LIANG 	 	 
	 
	Date 	March 12, 2008 	 	 
	 
	 
	STATE OF WASHINGTON 	) 	 
	 	 	) 	ss 
	COUNTY OF WHATCOM 	) 	 

     I certify that I know or have satisfactory that Jessica Chiang signed this instrument as the President, Sublessee, and acknowledged it to be his free and voluntary act for the uses and purposes mentioned in the instrument.

	
Dated: March 12, 2008

STATE OF WASHINGTON

NOTARY SEAL OF 

Victoria L. Moorman 

Expiration: 09-07-11 

Applied

	
VICTORIA L. MOORMAN 

NOTARY PUBLIC in and for the 

State of Washington. 

My Commission Expires 09/07/2011

 

 

 

 

 

 

 

 

 

 

Sublessee's Initials: JC

Sublessor's Initials: MLS

-15-Unassociated Document

    EXHIBIT 10.1

    SHARE
EXCHANGE AGREEMENT

    

    

    THIS AGREEMENT is made as of
the 7th day of
April, 2008

    

    AMONG:

    

    MAP V ACQUISITION, INC., a corporation formed
pursuant to the laws of the State of Delaware and having an office for business
located at 25 Highland Boulevard, Dix Hills, New York 11746

    (“Map”)

    

    
      AND:

    

    

    VANITY HOLDING GROUP, INC., a
company formed pursuant to the laws of the State of Delaware and having an
office for business located at The Empire State Building 350 Fifth Avenue, Suite
2204 New York, New York 10118 ("Vanity")

    

    AND:

    

    The
shareholders of Vanity, each of whom are set forth on the signature page of this
Agreement (the “Vanity Shareholders”)

    

    

    
      WHEREAS:

    

    

    A.            The
Vanity Shareholders own 21,392,109 shares of common stock, $0.0001 par value,
being 100% of the presently issued and outstanding Vanity Shares;

    

    B.            Map
was incorporated on November 22, 2006 and became an SEC reporting company on
March 26, 2007;

    

    C.         
  The respective Boards of Directors of Map and Vanity deem it
advisable and in the best interests of Map and Vanity that Vanity become a
wholly-owned subsidiary of Map (the “Acquisition”) pursuant to this
Agreement;

    

    NOW THEREFORE THIS AGREEMENT
WITNESSETH THAT in consideration of the premises and the mutual
covenants, agreements, representations and warranties contained herein, and
other good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the parties hereto hereby agree as follows:

    

    

    ARTICLE
1

    DEFINITIONS
AND INTERPRETATION

    

    Definitions

    

    1.1 In this
Agreement the following terms will have the following meanings:

    

    
      	
              (a)  

            	
              “Acquisition” means the
      Acquisition, at the Closing, of Vanity by Map pursuant to this
      Agreement;

            

    

    

    
      	
              (b)  

            	
              “Acquisition Shares”
      means the 12,497,000 Map Common Shares to be issued to the Vanity
      Shareholders at Closing pursuant to the terms of the
      Acquisition;

            

    

     

    
      
         

      

      
        1

        
          

        

      

      
         

      

    

     

    
      	
              (c)  

            	
              “Agreement” means this
      share exchange agreement among Map, Vanity, and the Vanity
      Shareholders;

            

    

    

    
      	
              (d)  

            	
              “Closing” means the
      completion, on the Closing Date, of the transactions contemplated hereby
      in accordance with Article 9
hereof;

            

    

    

    
      	
              (e)  

            	
              “Closing Date” means the
      day on which all conditions precedent to the completion of the transaction
      as contemplated hereby have been satisfied or waived, but in any event no
      later than March 31, 2008;

            

    

    

    
      	
              (f)  

            	
              “Map Accounts Payable and
      Liabilities” means all accounts payable and liabilities of Map, on
      a consolidated basis, due and owing or otherwise constituting a binding
      obligation of Map pursuant to Map Financial
  Statements;

            

    

    

    
      	
              (g)  

            	
              “Map Accounts Receivable”
      means all accounts receivable and other debts owing to Map, on a
      consolidated basis, as of December 31,
2007;

            

    

    

    
      	
              (h)  

            	
              “Map Assets” means the
      undertaking and all the property and assets of the Map Business of every
      kind and description wheresoever situated including, without limitation,
      Map Equipment, Map Inventory, Map Material Contracts, Map Accounts
      Receivable, Map Cash, Map Intangible Assets and Map Goodwill, and all
      credit cards, charge cards and banking cards issued to
  Map;

            

    

    

    
      	
              (i)  

            	
              “Map Bank Accounts” means all
      of the bank accounts, lock boxes and safety deposit boxes of Map relating
      to the Map Business;

            

    

    

    
      	
              (j)  

            	
              “Map Business” means all
      aspects of any business conducted by
Map;

            

    

    

    
      	
              (k)  

            	
              “Map Cash” means all cash on
      hand or on deposit to the credit of Map on the Closing
    Date;

            

    

    

    
      	
              (l)  

            	
              “Map Common Shares” means the
      shares of common stock in the capital of
Map;

            

    

    

    
      	
              (m)  

            	
              “Map Debt to Related Parties”
      means the debts owed by Map to any affiliate, director or officer of
      Map;

            

    

    

    
      	
              (n)  

            	
              “Map Equipment” means all
      machinery, equipment, furniture, and furnishings used in the Map
      Business;

            

    

    

    
      	
              (o)  

            	
              “Map Financial Statements”
      means, collectively, the unaudited financial statements of Map for the
      period ended September 30, 2007;

            

    

    

    
      	
              (p)  

            	
              “Map Goodwill” means the
      goodwill of the Map Business including the right to all corporate,
      operating and trade names associated with the Map Business, or any
      variations of such names as part of or in connection with the Map
      Business, all books and records and other information relating to the Map
      Business, all necessary licenses and authorizations and any other rights
      used in connection with the Map
Business;

            

    

    

    
      	
              (q)  

            	
              “Map Insurance Policies”
      means the public liability insurance and insurance against loss or damage
      to the Map Assets and the Map
Business;

            

    

    

    
      	
              (r)  

            	
              “Map Intangible Assets" means
      all of the intangible assets of Map, including, without limitation, Map
      Goodwill, all trademarks, logos, copyrights, designs, and other
      intellectual and industrial property of Map and its
      subsidiaries;

            

    

     

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

     

    
      	
              (s)  

            	
              “Map Inventory” means all
      inventory and supplies of the Map Business as of September 30,
      2007;

            

    

    

    
      	
              (t)  

            	
              “Map Material Contracts”
      means the burden and benefit of and the right, title and interest of Map
      in, to and under all trade and non-trade contracts, engagements or
      commitments, whether written or oral, to which Map or its subsidiaries are
      entitled whereunder Map are obligated to pay or entitled to receive the
      sum of $10,000 or more including, without limitation, any pension plans,
      profit sharing plans, bonus plans, loan agreements, security agreements,
      indemnities and guarantees, any agreements with employees, lessees,
      licensees, managers, accountants, suppliers, agents, distributors,
      officers, directors, attorneys or others which cannot be terminated
      without liability on not more than one month's
  notice;

            

    

    

    
      	
              (u)  

            	
              “Place of Closing” means
      the offices of Sichenzia Ross Friedman Ference LLP, or such other place as
      Map and Vanity may mutually agree
upon;

            

    

    

    
      	
              (v)  

            	
              “Vanity Accounts Payable and
      Liabilities” means all accounts payable and liabilities of Vanity,
      due and owing or otherwise constituting a binding obligation of Vanity
      (other than a Vanity Material Contract) as set forth in the Vanity
      Financial Statements;

            

    

    

    
      	
              (w)  

            	
              “Vanity Accounts
      Receivable” means all accounts receivable and other debts owing to
      Vanity, as set forth in the Vanity Financial
  Statements;

            

    

    

    
      	
              (x)  

            	
              “Vanity Assets“ means the
      undertaking and all the property and assets of the Vanity Business of
      every kind and description wheresoever situated including, without
      limitation, Vanity Equipment, Vanity Inventory, Vanity Material Contracts,
      Vanity Accounts Receivable, Vanity Cash, Vanity Intangible Assets and
      Vanity Goodwill, and all credit cards, charge cards and banking cards
      issued to Vanity;

            

    

    

    
      	
              (y)  

            	
              “Vanity Bank Accounts”
      means all of the bank accounts, lock boxes and safety deposit boxes of
      Vanity or relating to the Vanity
Business;

            

    

    

    
      	
              (z)  

            	
              “Vanity Business” means
      all aspects of the business conducted by
Vanity;

            

    

    

    
      	
              (aa)  

            	
              “Vanity Cash” means all
      cash on hand or on deposit to the credit of Vanity on the Closing
      Date;

            

    

    

    
      	
              (bb)  

            	
              “Vanity Debt to Related
      Parties” means the debts owed by Vanity and its subsidiaries to the
      Vanity Shareholders or to any family member thereof, or to any affiliate,
      director or officer of Vanity or the Vanity Shareholders as set forth in
      the Vanity Financial Statements;

            

    

    

    
      	
              (cc)  

            	
              “Vanity Equipment” means
      all machinery, equipment, furniture, and furnishings used in the Vanity
      Business, including, without limitation, as set forth in the Vanity
      Financial Statements;

            

    

    

    
      	
              (dd)  

            	
              “Vanity Financial
      Statements” means collectively, the unaudited financial statements
      of Vanity for the two fiscal years ended December 31, 2005 and December
      31, 2006, true copies of which are attached as Schedule “B”
      hereto;

            

    

     

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

     

    
      	
              (ee)  

            	
              “Vanity Goodwill” means
      the goodwill of the Vanity Business together with the exclusive right of
      Map to represent itself as carrying on the Vanity Business in succession
      of Vanity subject to the terms hereof, and the right to use any words
      indicating that the Vanity Business is so carried on including the right
      to use the name "Vanity” or “Vanity International" or any variation
      thereof as part of the name of or in connection with the Vanity Business
      or any part thereof carried on or to be carried on by Vanity, the right to
      all corporate, operating and trade names associated with the Vanity
      Business, or any variations of such names as part of or in connection with
      the Vanity Business, all telephone listings and telephone advertising
      contracts, all lists of customers, books and records and other information
      relating to the Vanity Business, all necessary licenses and authorizations
      and any other rights used in connection with the Vanity
      Business;

            

    

    

    
      	
              (ff)  

            	
              “Vanity Intangible
      Assets” means all of the intangible assets of Vanity, including,
      without limitation, Vanity Goodwill, all trademarks, logos, copyrights,
      designs, and other intellectual and industrial property of Vanity and its
      subsidiaries;

            

    

    

    
      	
              (gg)  

            	
              “Vanity Inventory” means
      all inventory and supplies of the Vanity
  Business;

            

    

    

    
      	
              (hh)  

            	
              “Vanity Material
      Contracts” means the burden and benefit of and the right, title and
      interest of Vanity in, to and under all trade and non-trade contracts,
      engagements or commitments, whether written or oral, to which Vanity is
      entitled in connection with the Vanity Business whereunder Vanity is
      obligated to pay or entitled to receive the sum of $10,000 or more
      including, without limitation, any pension plans, profit sharing plans,
      bonus plans, loan agreements, security agreements, indemnities and
      guarantees, any agreements with employees, lessees, licensees, managers,
      accountants, suppliers, agents, distributors, officers, directors,
      attorneys or others which cannot be terminated without liability on not
      more than one month's notice;

            

    

    

    
      	
              (ii)  

            	
              “Vanity Related Party
      Debts” means the debts owed by the Vanity Shareholders or by any
      family member thereof, or by any affiliate, director or officer of Vanity
      or the Vanity Shareholders, to Vanity as described in the Vanity Financial
      Statements;

            

    

    

    
      	
              (jj)  

            	
              “Vanity Shares” means all
      of the issued and outstanding shares of Vanity's equity
    stock;

            

    

    

    

    Any other
terms defined within the text of this Agreement will have the meanings so
ascribed to them.

    

    Captions
and Section Numbers

    

    1.2           The
headings and section references in this Agreement are for convenience of
reference only and do not form a part of this Agreement and are not intended to
interpret, define or limit the scope, extent or intent of this Agreement or any
provision thereof.

    

    Section
References and Schedules

    

    1.3           Any
reference to a particular “Article”, “section”, “paragraph”, “clause” or other
subdivision is to the particular Article, section, clause or other subdivision
of this Agreement and any reference to a Schedule by letter will mean the
appropriate Schedule attached to this Agreement and by such reference the
appropriate Schedule is incorporated into and made part of this
Agreement.  The Schedules to this Agreement are as
follows:

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

     

    Information
concerning Map

    

    Schedule “A” Map Financial
Statements

    

    Information
concerning Vanity

    

    Schedule “B” Vanity Financial
Statements

    

    Severability
of Clauses

    

    1.4            If
any part of this Agreement is declared or held to be invalid for any reason,
such invalidity will not affect the validity of the remainder which will
continue in full force and effect and be construed as if this Agreement had been
executed without the invalid portion, and it is hereby declared the intention of
the parties that this Agreement would have been executed without reference to
any portion which may, for any reason, be hereafter declared or held to be
invalid.

    

    ARTICLE
2

    THE
ACQUISITION

    

    Sale
of Shares

    

    2.1           The
Vanity Shareholders hereby agree to sell to Map the Vanity Shares in exchange
for the Acquisition Shares on the Closing Date and to transfer to Map on the
Closing Date a 100% undivided interest in and to the Vanity Shares free from all
liens, mortgages, charges, pledges, encumbrances or other burdens with all
rights now or thereafter attached thereto.

    

    Allocation
of Consideration

    

    2.2           The
Acquisition Shares shall be allocated to the Vanity Shareholders on the basis of
0.5842 Acquisition Shares for each one Vanity Share held by a Vanity
Shareholders.

    

    Adherence
with Applicable Securities Laws

    

    2.2           The
Vanity Shareholders agree that they are acquiring the Acquisition Shares for
investment purposes and will not offer, sell or otherwise transfer, pledge or
hypothecate any of the Acquisition Shares issued to them (other than pursuant to
an effective Registration Statement under the Securities Act of 1933, as
amended) directly or indirectly unless:

    

    
      	
              (a)  

            	
              the
      sale is to Map;

            

    

    

    
      	
              (b)  

            	
              the
      sale is made pursuant to the exemption from registration under the Securities Act of 1933, as
      amended, provided by Rule 144 thereunder;
  or

            

    

    

    
      	
              (c)  

            	
              the
      Acquisition Shares are sold in a transaction that does not require
      registration under the Securities Act of 1933, as
      amended, or any applicable United States state laws and regulations
      governing the offer and sale of securities, and the vendor has furnished
      to Map an opinion of counsel to that effect or such other written opinion
      as may be reasonably required by
Map.

            

    

     

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

     

    The Vanity Shareholders acknowledge
that the certificates representing the Acquisition Shares shall bear the
following legend:

    

    NO SALE,
OFFER TO SELL, OR TRANSFER OF THE SHARES REPRESENTED BY THIS CERTIFICATE SHALL
BE MADE UNLESS A REGISTRATION STATEMENT UNDER THE FEDERAL SECURITIES ACT OF
1933, AS AMENDED, IN RESPECT OF SUCH SHARES IS THEN IN EFFECT OR AN EXEMPTION
FROM THE REGISTRATION REQUIREMENTS OF SAID ACT IS THEN IN FACT APPLICABLE TO
SAID SHARES.

    

    

    ARTICLE
3

    REPRESENTATIONS
AND WARRANTIES

    OF
MAP

    

    Representations
and Warranties

    

    3.1           Map
hereby represents and warrants in all material respects to Vanity and the Vanity
Shareholders, with the intent that Vanity and the Vanity Shareholders will rely
thereon in entering into this Agreement and in approving and completing the
transactions contemplated hereby, that:

    

    Map
- Corporate Status and Capacity

    

    
      	
              (a)  

            	
              Incorporation.
      Map is a corporation duly incorporated and validly subsisting under the
      laws of the State of Delaware and in good standing with the office of the
      Secretary of State for the State of
Delaware;

            

    

    

    
      	
              (b)  

            	
              Carrying on
      Business. Map conducts the business described in its filings with
      the Securities and Exchange Commission and does not conduct any other
      business.  The nature of the Map Business does not require Map
      to register or otherwise be qualified to carry on business in any other
      jurisdictions;

            

    

    

    
      	
              (c)  

            	
              Corporate
      Capacity. Map has the corporate power, capacity and authority to
      own the Map Assets and to enter into and complete this
      Agreement;

            

    

    

    
      	
              (d)  

            	
              Reporting Status;
      Listing. Map is required to file current reports with the
      Securities and Exchange Commission pursuant to section 13 of the
      Securities Exchange Act of 1934.  At present, there is no
      trading market for Map;

            

    

    

    
      Map
- Capitalization

    

    

    
      	
              (e)  

            	
              Authorized
      Capital. The authorized capital of Map consists of 85,000,000
      shares of capital stock, divided into two classes: (i) 75,000,000
      designated as common stock, par value $0.0001, of which 2,500,000 shares
      of Common Stock are validly issued and outstanding, fully paid and
      non-assessable; and (ii) 10,000,000 shares designated as preferred stock
      at $0.0001 par value, of which none are issued and
      outstanding.

            

    

    

    
      	
              (f)  

            	
              No Option, Warrant or
      Other Right. No person, firm or corporation has any agreement,
      option, warrant, preemptive right or any other right capable of becoming
      an agreement, option, warrant or right for the acquisition of Map Common
      Shares or for the purchase, subscription or issuance of any of the
      unissued shares in the capital of
Map;

            

    

     

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

     

    
      Map
- Records and Financial Statements

    

    

    
      	
              (g)  

            	
              Charter
      Documents. The charter documents of Map and its subsidiaries have
      not been altered since the incorporation of each, respectively, except as
      filed in the record books of Map;

            

    

    

    
      	
              (h)  

            	
              Corporate Minute
      Books. The corporate minute books of Map and its subsidiaries are
      complete and each of the minutes contained therein accurately reflect the
      actions that were taken at a duly called and held meeting or by consent
      without a meeting. All actions by Map which required director or
      shareholder approval are reflected on the corporate minute books of Map
      and its subsidiaries. Map is not in violation or breach of, or in default
      with respect to, any term of its Certificates of Incorporation (or other
      charter documents) or by-laws.

            

    

    

    
      	
              (i)  

            	
              Map Financial
      Statements. The Map Financial Statements present fairly, in all
      material respects, the assets and liabilities (whether accrued, absolute,
      contingent or otherwise) of Map, and the sales and earnings of the Map
      Business during the periods covered thereby, in all material respects and
      have been prepared in substantial accordance with generally accepted
      accounting principles consistently
applied;

            

    

    

    
      	
              (j)  

            	
              Map Accounts Payable
      and Liabilities. There are no material liabilities, contingent or
      otherwise, of Map which are not reflected in the Map Financial Statements
      except those incurred in the ordinary course of business since the date of
      the said schedule and the Map Financial Statements, and Map has not
      guaranteed or agreed to guarantee any debt, liability or other obligation
      of any person, firm or corporation.

            

    

    

    
      	
              (k)  

            	
              Map Accounts
      Receivable. All the Map Accounts Receivable result from bona fide
      business transactions and services actually rendered without, to the
      knowledge and belief of Map, any claim by the obligor for set-off or
      counterclaim. Without limiting the generality of the foregoing, all
      accounts receivable of Map as of September 30, 2007, are described in
      Schedule
      “A” hereto;

            

    

    

    
      	
              (l)  

            	
              No Debt to Related
      Parties. Map will not, and on the Closing will not be, indebted to
      any affiliate, director or officer of Map except accounts payable on
      account of bona fide business transactions of Map incurred in normal
      course of the Map Business, including employment agreements, none of which
      are more than 30 days in arrears;

            

    

    

    
      	
              (m)  

            	
              No Related Party Debt
      to Map. No director or officer or affiliate of Map is now indebted
      to or under any financial obligation to Map or any subsidiary on any
      account whatsoever, except for advances on account of travel and other
      expenses not exceeding $1,000 in
total;

            

    

    

    
      	
              (n)  

            	
              No Dividends.
      No dividends or other distributions on any shares in the capital of Map
      have been made, declared or authorized since the date of Map Financial
      Statements;

            

    

    

    
      	
              (o)  

            	
              No Payments. No
      payments of any kind have been made or authorized since the date of the
      Map Financial Statements to or on behalf of officers, directors,
      shareholders or employees of Map or its subsidiaries or under any
      management agreements with Map or its subsidiaries, except payments made
      in the ordinary course of business and at the regular rates of salary or
      other remuneration payable to them;

            

    

     

    
      
         

      

      
        7

        
          

        

      

      
         

      

       

    

    
      	
              (p)  

            	
              No Pension
      Plans. There are no pension, profit sharing, group insurance or
      similar plans or other deferred compensation plans affecting
      Map;

            

    

    

    
      	
              (q)  

            	
              No Adverse
      Events. Since the date of the Map Financial
    Statements:

            

    

    

    
      	
              (i)  

            	
              there
      has not been any material adverse change in the consolidated financial
      position or condition of Map, its liabilities or the Map Assets or any
      damage, loss or other change in circumstances materially affecting Map,
      the Map Business or the Map Assets or Map’ right to carry on the Map
      Business, other than changes in the ordinary course of
      business,

            

    

    

    
      	
              (ii)  

            	
              there
      has not been any damage, destruction, loss or other event (whether or not
      covered by insurance) materially and adversely affecting Map, the Map
      Business or the Map Assets,

            

    

    

    
      	
              (iii)  

            	
              there
      has not been any material increase in the compensation payable or to
      become payable by Map to any of Map’ officers, employees or agents or any
      bonus, payment or arrangement made to or with any of
  them,

            

    

    

    
      	
              (iv)  

            	
              the
      Map Business has been and continues to be carried on in the ordinary
      course,

            

    

    

    
      	
              (v)  

            	
              Map
      has not waived or surrendered any right of material
  value,

            

    

    

    
      	
              (vi)  

            	
              Map
      has not discharged or satisfied or paid any lien or encumbrance or
      obligation or liability other than current liabilities in the ordinary
      course of business, and

            

    

    

    
      	
              (vii)  

            	
              no
      capital expenditures in excess of $10,000 individually or $30,000 in total
      have been authorized or made.

            

    

    

    Map
- Income Tax Matters

    

    
      	
              (r)  

            	
              Tax Returns.
      All tax returns and reports of Map required by law to be filed have been
      filed and are true, complete and correct, and any taxes payable in
      accordance with any return filed by Map and its subsidiaries or in
      accordance with any notice of assessment or reassessment issued by any
      taxing authority have been so paid;

            

    

     

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

     

    
      	
              (s)  

            	
              Current Taxes.
      Adequate provisions have been made for taxes payable for the current
      period for which tax returns are not yet required to be filed and there
      are no agreements, waivers, or other arrangements providing for an
      extension of time with respect to the filing of any tax return by, or
      payment of, any tax, governmental charge or deficiency by Map or its
      subsidiaries.  Map is not aware of any contingent tax
      liabilities or any grounds which would prompt a reassessment including
      aggressive treatment of income and expenses in filing earlier tax
      returns;

            

    

     

    Map
- Applicable Laws and Legal Matters

    

    
      	
              (t)  

            	
              Licenses. Map
      and its subsidiaries hold all licenses and permits as may be requisite for
      carrying on the Map Business in the manner in which it has heretofore been
      carried on, which licenses and permits have been maintained and continue
      to be in good standing except where the failure to obtain or maintain such
      licenses or permits would not have a material adverse effect on the Map
      Business;

            

    

    

    
      	
              (u)  

            	
              Applicable
      Laws. Map has not been charged with or received notice of breach of
      any laws, ordinances, statutes, regulations, by-laws, orders or decrees to
      which they are subject or which apply to them the violation of which would
      have a material adverse effect on the Map Business, and Map is not in
      breach of any laws, ordinances, statutes, regulations, bylaws, orders or
      decrees the contravention of which would result in a material adverse
      impact on the Map Business;

            

    

    

    
      	
              (v)  

            	
              Pending or Threatened
      Litigation. There is no material litigation or administrative or
      governmental proceeding pending or threatened against or relating to Map,
      the Map Business, or any of the Map Assets nor does Map have any knowledge
      of any deliberate act or omission of Map or its subsidiaries that would
      form any material basis for any such action or
  proceeding;

            

    

    

    
      	
              (w)  

            	
              No Bankruptcy.
      Map has not made any voluntary assignment or proposal under applicable
      laws relating to insolvency and bankruptcy and no bankruptcy petition has
      been filed or presented against Map and no order has been made or a
      resolution passed for the winding-up, dissolution or liquidation of
      Map;

            

    

    

    
      	
              (x)  

            	
              Labor Matters.
      Map is not a party to any collective agreement relating to the Map
      Business with any labor union or other association of employees and no
      part of the Map Business has been certified as a unit appropriate for
      collective bargaining or, to the knowledge of Map, has made any attempt in
      that regard;

            

    

    

    
      	
              (y)  

            	
              Finder's Fees.
      Map is not a party to any agreement which provides for the payment of
      finder's fees, brokerage fees, commissions or other fees or amounts which
      are or may become payable to any third party in connection with the
      execution and delivery of this Agreement and the transactions contemplated
      herein;

            

    

    

    Execution
and Performance of Agreement

    

    
      	
              (z)  

            	
              Authorization and
      Enforceability. The execution and delivery of this Agreement, and
      the completion of the transactions contemplated hereby, have been duly and
      validly authorized by all necessary corporate action on the part of
      Map;

            

    

    

    
      	
              (aa)  

            	
              No Violation or
      Breach. The execution and performance of this Agreement will
      not:

            

    

    

    
      	
              (i)  

            	
              violate
      the charter documents of Map or result in any breach of, or default under,
      any loan agreement, mortgage, deed of trust, or any other agreement to
      which Map is a party,

            

    

    

    
      	
              (ii)  

            	
              give
      any person any right to terminate or cancel any agreement including,
      without limitation, the Map Material Contracts, or any right or rights
      enjoyed by Map,

            

    

     

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

     

    
      	
              (iii)  

            	
              result
      in any alteration of Map’ obligations under any agreement to which Map is
      a party including, without limitation, the Map Material
      Contracts,

            

    

    

    
      	
              (iv)  

            	
              result
      in the creation or imposition of any lien, encumbrance or restriction of
      any nature whatsoever in favor of a third party upon or against the Map
      Assets,

            

    

    

    
      	
              (v)  

            	
              result
      in the imposition of any tax liability to Map relating to the Map Assets,
      or

            

    

    

    
      	
              (vi)  

            	
              violate
      any court order or decree to which either Map is
  subject;

            

    

    

    The
Map Assets - Ownership and Condition

    

    
      	
              (bb)  

            	
              Business
      Assets. The Map Assets comprise all of the property and assets of
      the Map Business, and no other person, firm or corporation owns any assets
      used by Map in operating the Map Business, whether under a lease, rental
      agreement or other arrangement;

            

    

    

    
      	
              (cc)  

            	
              Title. Map is
      the legal and beneficial owner of the Map Assets, free and clear of all
      mortgages, liens, charges, pledges, security interests, encumbrances or
      other claims whatsoever;

            

    

    

    
      	
              (dd)  

            	
              No Option. No
      person, firm or corporation has any agreement or option or a right capable
      of becoming an agreement for the purchase of any of the Map
      Assets;

            

    

    

    
      	
              (ee)  

            	
              Map Insurance
      Policies. Map maintains the public liability insurance and
      insurance against loss or damage to the Map Assets and the Map
      Business;

            

    

    

    
      	
              (ff)  

            	
              No Default.
      There has not been any default in any material obligation of Map or any
      other party to be performed under any of the Map Material Contracts, each
      of which is in good standing and in full force and effect and unamended,
      and Map is not aware of any default in the obligations of any other party
      to any of the Map Material
Contracts;

            

    

    

    
      	
              (gg)  

            	
              No Compensation on
      Termination. There are no agreements, commitments or understandings
      relating to severance pay or separation allowances on termination of
      employment of any employee of Map. Map is not obliged to pay benefits or
      share profits with any employee after termination of employment except as
      required by law;

            

    

    

    Map
Assets - Map Equipment

    

    
      	
              (hh)  

            	
              Map Equipment.
      The Map Equipment has been maintained in a manner consistent with that of
      a reasonably prudent owner and such equipment is in good working
      condition;

            

    

    

    Map
Assets - Map Goodwill and Other Assets

    

    
      	
              (ii)  

            	
              Map Goodwill.
      Map does not carry on the Map Business under any other business or trade
      names. Map does not have any knowledge of any infringement by Map of any
      patent, trademarks, copyright or trade
secret;

            

    

     

    
      
         

      

      
        10

        
          

        

      

      
         

      

       

    

    The
Map Business

    

    
      	
              (jj)  

            	
              Maintenance of
      Business. Since the date of the Map Financial Statements, Map has
      not entered into any material agreement or commitment except in the
      ordinary course and except as disclosed
herein;

            

    

    

    
      	
              (kk)  

            	
              Subsidiaries.
      Map does not own any subsidiaries and does not otherwise own, directly or
      indirectly, any shares or interest in any other corporation, partnership,
      joint venture or firm; and

            

    

    

    Map
- Acquisition Shares

    

    
      	
              (ll)  

            	
              Acquisition
      Shares. The Acquisition Shares when delivered to the Vanity
      Shareholders pursuant to the Acquisition shall be validly issued and
      outstanding as fully paid and non-assessable shares and the Acquisition
      Shares shall be transferable upon the books of Map, in all cases subject
      to the provisions and restrictions of all applicable securities
      laws.

            

    

    

    Non-Merger
and Survival

    

    3.2           The
representations and warranties of Map contained herein will be true at and as of
Closing in all material respects as though such representations and warranties
were made as of such time.  Notwithstanding the completion of the
transactions contemplated hereby, the waiver of any condition contained herein
(unless such waiver expressly releases a party from any such representation or
warranty) or any investigation made by Vanity or the Vanity Shareholders, the
representations and warranties of Map shall survive the Closing.

    

    Indemnity

    

    3.3           Map
agrees to indemnify and save harmless Vanity and the Vanity Shareholders from
and against any and all claims, demands, actions, suits, proceedings,
assessments, judgments, damages, costs, losses and expenses, including any
payment made in good faith in settlement of any claim (subject to the right of
Map to defend any such claim), resulting from the failure to disclose the
existence of any material liability or the breach by it of any representation or
warranty made under this Agreement or from any misrepresentation in or omission
from any certificate or other instrument furnished or to be furnished by Map to
Vanity or the Vanity Shareholders hereunder.

     

    ARTICLE
4

    COVENANTS
OF MAP

    

    Covenants

    

    4.1           Map
covenants and agrees with Vanity and the Vanity Shareholders that it
will:

    

    
      	
              (a)  

            	
              Conduct of
      Business. Until the Closing, conduct the Map Business diligently
      and in the ordinary course consistent with the manner in which the Map
      Business generally has been operated up to the date of execution of this
      Agreement;

            

    

    

    
      	
              (b)  

            	
              Preservation of
      Business.  Until the Closing, use its best efforts to
      preserve the Map Business and the Map Assets and, without limitation,
      preserve for Vanity Map’s and its subsidiaries’ relationships with any
      third party having business relations with
them;

            

    

     

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

     

    
      	
              (c)  

            	
              Access. Until
      the Closing, give Vanity, the Vanity Shareholders, and their
      representatives full access to all of the properties, books, contracts,
      commitments and records of Map, and furnish to Vanity, the Vanity
      Shareholders and their representatives all such information as they may
      reasonably request; and

            

    

    

    
      	
              (d)  

            	
              Procure
      Consents. Until the Closing, take all reasonable steps required to
      obtain, prior to Closing, any and all third party consents required to
      permit the Acquisition and to preserve and maintain the Map Assets
      notwithstanding the change in control of Vanity arising from the
      Acquisition.

            

    

    

    Authorization

    

    4.2           Map
hereby agrees to authorize and direct any and all federal, state, municipal,
foreign and international governments and regulatory authorities having
jurisdiction respecting Map and its subsidiaries to release any and all
information in their possession respecting Map and its subsidiaries to the
Vanity Shareholders. Map shall promptly execute and deliver to the Vanity
Shareholders any and all consents to the release of information and specific
authorizations which the Vanity Shareholders reasonably requires to gain access
to any and all such information.

     

    Survival

    

    4.3           The
covenants set forth in this Article shall survive the Closing for the benefit of
Vanity and the Vanity Shareholders.

     

    ARTICLE
5

    REPRESENTATIONS
AND WARRANTIES OF

    THE
VANITY SHAREHOLDERS

    

    Representations
and Warranties

    

    5.1           The
Vanity Shareholders hereby jointly and severally represent and warrant in all
material respects to Map, with the intent that it will rely thereon in entering
into this Agreement and in approving and completing the transactions
contemplated hereby, that:

    

    Vanity
- Company Status and Capacity

    

    
      	
              (a)  

            	
              Formation.
      Vanity is a corporation duly incorporated and validly subsisting under the
      laws of the State of Delaware and in good standing with the office of the
      Secretary of State for the State of
Delaware;

            

    

    

    
      	
              (b)  

            	
              Carrying on
      Business. Vanity carries on the Vanity Business primarily in the
      State of New York and carries on material business activity in other
      jurisdiction. The nature of the Vanity Business does not require Vanity to
      register or otherwise be qualified to carry on business in any
      jurisdiction;

            

    

    

    
      	
              (c)  

            	
              Legal Capacity.
      Vanity has the legal power, capacity and authority to own Vanity Assets,
      to carry on the Business of Vanity and to enter into and complete this
      Agreement;

            

    

    

    Vanity
- Capitalization

    

    
      	
              (d)  

            	
              Authorized
      Capital. The authorized capital of Vanity consists of 100,000,000
      shares of common stock, $0.0001 par value, and 5,000,000 shares of
      preferred stock, $0.0001 par value;

            

    

     

    
      
         

      

      
        12

        
          

        

      

      
         

      

    

     

    
      	
              (e)  

            	
              Ownership of Vanity
      Shares. The issued and outstanding shares of Vanity common stock
      will on Closing consist of 21,392,109 shares of common stock, $0.0001 par
      value, (being the Vanity Shares), which shares on Closing shall be validly
      issued and outstanding as fully paid and non-assessable shares. The Vanity
      Shareholders will be at Closing the registered and beneficial owners of
      the Vanity Shares. The Vanity Shares owned by the Vanity Shareholders will
      on Closing be free and clear of any and all liens, charges, pledges,
      encumbrances, restrictions on transfer and adverse claims
      whatsoever;

            

    

    

    
      	
              (f)  

            	
              Options, Warrants or
      Other Rights. No person, firm or corporation has any agreement,
      option, warrant, preemptive right or any other right capable of becoming
      an agreement, option, warrant or right for the acquisition of Vanity
      Shares held by the Vanity Shareholders or for the purchase, subscription
      or issuance of any of the unissued shares in the capital of
      Vanity;

            

    

    

    
      	
              (g)  

            	
              No
      Restrictions. There are no restrictions on the transfer, sale or
      other disposition of Vanity Shares contained in the charter documents of
      Vanity or under any agreement;

            

    

    

    Vanity
- Records and Financial Statements

    

    
      	
              (h)  

            	
              Charter
      Documents. The charter documents of Vanity have not been altered
      since its formation date, except as filed in the record books of
      Vanity;

            

    

    

    
      	
              (i)  

            	
              Minute Books.
      The minute books of Vanity are complete and each of the minutes contained
      therein accurately reflect the actions that were taken at a duly called
      and held meeting or by consent without a meeting. All actions by Vanity
      which required director or shareholder approval are reflected on the
      corporate minute books of Vanity. Vanity is not in violation or breach of,
      or in default with respect to, any term of its Certificate of
      Incorporation (or other charter documents) or
  by-laws.

            

    

    

    
      	
              (j)  

            	
              Vanity Financial
      Statements. The Vanity Financial Statements present fairly, in all
      material respects, the assets and liabilities (whether accrued, absolute,
      contingent or otherwise) of Vanity as of the date thereof, and the sales
      and earnings of the Vanity Business during the periods covered thereby, in
      all material respects, and have been prepared in substantial accordance
      with generally accepted accounting principles consistently
      applied;

            

    

    

    
      	
              (k)  

            	
              Vanity Accounts
      Payable and Liabilities. There are no material liabilities,
      contingent or otherwise, of Vanity which are not reflected in the Vanity
      Financial Statements except those incurred in the ordinary course of
      business since the date of the said schedule and the Vanity Financial
      Statements, and Vanity has not guaranteed or agreed to guarantee any debt,
      liability or other obligation of any person, firm or corporation. Without
      limiting the generality of the foregoing, all accounts payable and
      liabilities of Vanity as of December 31, 2005 are described in the Vanity
      Financial Statements;

            

    

    

    
      	
              (l)  

            	
              Vanity Accounts
      Receivable. All the Vanity Accounts Receivable result from bona
      fide business transactions and services actually rendered without, to the
      knowledge and belief of the Vanity Shareholders, any claim by the obligor
      for set-off or counterclaim.  Without limiting the generality of
      the foregoing, all accounts receivable of Vanity as of December 31, 2006,
      March 31, 2007 and June 30, 2006, are described in Schedule “B”
      hereto;

            

    

    

    
      	
              (m)  

            	
              No Debt to Related
      Parties. Vanity is not and on Closing will not be, indebted to the
      Vanity Shareholders nor to any family member thereof, nor to any
      affiliate, director or officer of Vanity or the Vanity Shareholders except
      accounts payable on account of bona fide business transactions of Vanity
      incurred in normal course of Vanity Business, including employment
      agreements with the Vanity Shareholders, none of which are more than 30
      days in arrears;

            

    

     

    
      
         

      

      
        13

        
          

        

      

      
         

      

    

     

    
      	
              (n)  

            	
              No Related Party Debt
      to Vanity. No Vanity Shareholder nor any director, officer or
      affiliate of Vanity is now indebted to or under any financial obligation
      to Vanity on any account whatsoever, except for advances on account of
      travel and other expenses not exceeding $5,000 in
  total;

            

    

    

    
      	
              (o)  

            	
              No Dividends.
      No dividends or other distributions on any shares in the capital of Vanity
      have been made, declared or authorized since the date of the Vanity
      Financial Statements;

            

    

    

    
      	
              (p)  

            	
              No Payments. No
      payments of any kind have been made or authorized since the date of the
      Vanity Financial Statements to or on behalf of the Vanity Shareholders or
      to or on behalf of officers, directors, shareholders or employees of
      Vanity or under any management agreements with Vanity, except payments
      made in the ordinary course of business and at the regular rates of salary
      or other remuneration payable to
them;

            

    

    

    
      	
              (q)  

            	
              No Pension
      Plans. There are no pension, profit sharing, group insurance or
      similar plans or other deferred compensation plans affecting Vanity,
      except as set forth in the Vanity Financial
  Statements;

            

    

    

    
      	
              (r)  

            	
              No Adverse
      Events. Since June 30, 2007:

            

    

    

    
      	
              (i)  

            	
              there
      has not been any material adverse change in the consolidated financial
      position or condition of Vanity, its liabilities or the Vanity Assets or
      any damage, loss or other change in circumstances materially affecting
      Vanity, the Vanity Business or the Vanity Assets or Vanity’s right to
      carry on the Vanity Business, other than changes in the ordinary course of
      business,

            

    

    

    
      	
              (ii)  

            	
              there
      has not been any damage, destruction, loss or other event (whether or not
      covered by insurance) materially and adversely affecting Vanity, the
      Vanity Business or the Vanity
Assets,

            

    

    

    
      	
              (iii)  

            	
              there
      has not been any material increase in the compensation payable or to
      become payable by Vanity to the Vanity Shareholders or to any of Vanity's
      officers, employees or agents or any bonus, payment or arrangement made to
      or with any of them,

            

    

    

    
      	
              (iv)  

            	
              the
      Vanity Business has been and continues to be carried on in the ordinary
      course,

            

    

    

    
      	
              (v)  

            	
              Vanity
      has not waived or surrendered any right of material
  value,

            

    

    

    
      	
              (vi)  

            	
              Vanity
      has not discharged or satisfied or paid any lien or encumbrance or
      obligation or liability other than current liabilities in the ordinary
      course of business, and

            

    

     

    
      
         

      

      
        14

        
          

        

      

      
         

      

    

     

    
      	
              (vii)  

            	
              no
      capital expenditures in excess of $10,000 individually or $30,000 in total
      have been authorized or made;

            

    

    

    Vanity
- Income Tax Matters

    

    
      	
              (s)  

            	
              Tax Returns.
      All tax returns and reports of Vanity required by law to be filed have
      been filed and are true, complete and correct, and any taxes payable in
      accordance with any return filed by Vanity or in accordance with any
      notice of assessment or reassessment issued by any taxing authority have
      been so paid;

            

    

    

    
      	
              (t)  

            	
              Current Taxes.
      Adequate provisions have been made for taxes payable for the current
      period for which tax returns are not yet required to be filed and there
      are no agreements, waivers, or other arrangements providing for an
      extension of time with respect to the filing of any tax return by, or
      payment of, any tax, governmental charge or deficiency by Vanity. Vanity
      is not aware of any contingent tax liabilities or any grounds which would
      prompt a reassessment including aggressive treatment of income and
      expenses in filing earlier tax
returns;

            

    

    

    
       

      Vanity
- Applicable Laws and Legal Matters

    

    

    
      	
              (u)  

            	
              Licenses.
      Vanity holds all licenses and permits as may be requisite for carrying on
      the Vanity Business in the manner in which it has heretofore been carried
      on, which licenses and permits have been maintained and continue to be in
      good standing except where the failure to obtain or maintain such licenses
      or permits would not have a material adverse effect on the Vanity
      Business;

            

    

    

    
      	
              (v)  

            	
              Applicable
      Laws. Vanity has not been charged with or received notice of breach
      of any laws, ordinances, statutes, regulations, by-laws, orders or decrees
      to which they are subject or which applies to them the violation of which
      would have a material adverse effect on the Vanity Business, and, to the
      knowledge of the Vanity Shareholders, Vanity is not in breach of any laws,
      ordinances, statutes, regulations, by-laws, orders or decrees the
      contravention of which would result in a material adverse impact on the
      Vanity Business;

            

    

    

    
      	
              (w)  

            	
              Pending or Threatened
      Litigation. There is no material litigation or administrative or
      governmental proceeding pending or threatened against or relating to
      Vanity, the Vanity Business, or any of the Vanity Assets, nor do the
      Vanity Shareholders have any knowledge of any deliberate act or omission
      of Vanity that would form any material basis for any such action or
      proceeding;

            

    

    

    
      	
              (x)  

            	
              No Bankruptcy.
      Vanity has not made any voluntary assignment or proposal under applicable
      laws relating to insolvency and bankruptcy and no bankruptcy petition has
      been filed or presented against Vanity and no order has been made or a
      resolution passed for the winding-up, dissolution or liquidation of
      Vanity;

            

    

    

    
      	
              (y)  

            	
              Labor Matters.
      Vanity is not party to any collective agreement relating to the Vanity
      Business with any labor union or other association of employees and no
      part of the Vanity Business has been certified as a unit appropriate for
      collective bargaining or, to the knowledge of the Vanity Shareholders, has
      made any attempt in that regard;

            

    

    

    
      	
              (z)  

            	
              Finder's Fees.
      Vanity is not a party to any agreement which provides for the payment of
      finder's fees, brokerage fees, commissions or other fees or amounts which
      are or may become payable to any third party in connection with the
      execution and delivery of this Agreement and the transactions contemplated
      herein;

            

    

     

    
      
         

      

      
        15

        
          

        

      

      
         

      

    

     

    Execution
and Performance of Agreement

    

    
      	
              (aa)  

            	
              Authorization and
      Enforceability. The execution and delivery of this Agreement, and
      the completion of the transactions contemplated hereby, have been duly and
      validly authorized by all necessary corporate action on the part of
      Vanity;

            

    

    

    
      	
              (bb)  

            	
              No Violation or
      Breach. The execution and performance of this Agreement will
      not

            

    

    

    
      	
              (i)  

            	
              violate
      the charter documents of Vanity or result in any breach of, or default
      under, any loan agreement, mortgage, deed of trust, or any other agreement
      to which Vanity is a party,

            

    

    

    
      	
              (ii)  

            	
              give
      any person any right to terminate or cancel any agreement including,
      without limitation, Vanity Material Contracts, or any right or rights
      enjoyed by Vanity,

            

    

    

    
      	
              (iii)  

            	
              result
      in any alteration of Vanity's  obligations under any agreement
      to which Vanity  is a party including, without limitation, the
      Vanity Material Contracts,

            

    

    

    
      	
              (iv)  

            	
              result
      in the creation or imposition of any lien, encumbrance or restriction of
      any nature whatsoever in favor of a third party upon or against the Vanity
      Assets,

            

    

    

    
      	
              (v)  

            	
              result
      in the imposition of any tax liability to Vanity relating to Vanity Assets
      or the Vanity Shares, or

            

    

    

    
      	
              (vi)  

            	
              violate
      any court order or decree to which either Vanity is
    subject;

            

    

    

    Vanity
Assets - Ownership and Condition

    

    
      	
              (cc)  

            	
              Business
      Assets. The Vanity Assets, comprise all of the property and assets
      of the Vanity Business, and neither the Vanity Shareholders nor any other
      person, firm or corporation owns any assets used by Vanity in operating
      the Vanity Business, whether under a lease, rental agreement or other
      arrangement, other than as disclosed in Schedules “N” or “Q”
      hereto;

            

    

    

    
      	
              (dd)  

            	
              Title. Vanity
      is the legal and beneficial owner of the Vanity Assets, free and clear of
      all mortgages, liens, charges, pledges, security interests, encumbrances
      or other claims whatsoever, save and except as disclosed in Schedules “N”
      or “Q” hereto;

            

    

    

    
      	
              (ee)  

            	
              No Option. No
      person, firm or corporation has any agreement or option or a right capable
      of becoming an agreement for the purchase of any of the Vanity
      Assets;

            

    

    

    
      	
              (ff)  

            	
              Vanity Insurance
      Policies. Vanity maintains the public liability insurance and
      insurance against loss or damage to the Vanity Assets and the Vanity
      Business as described in Schedule “P”
hereto;

            

    

    

    
      	
              (gg)  

            	
              Vanity Material
      Contracts. The Vanity Material Contracts listed in Schedule “R”
      constitute all of the material contracts of
  Vanity;

            

    

     

    
      
         

      

      
        16

        
          

        

      

      
         

      

       

    

    
      	
              (hh)  

            	
              No Default.
      There has not been any default in any material obligation of Vanity or any
      other party to be performed under any of Vanity Material Contracts, each
      of which is in good standing and in full force and effect and unamended
      (except as disclosed in Schedule “R”), and Vanity is not aware of any
      default in the obligations of any other party to any of the Vanity
      Material Contracts;

            

    

    

    
      	
              (ii)  

            	
              No Compensation on
      Termination. There are no agreements, commitments or understandings
      relating to severance pay or separation allowances on termination of
      employment of any employee of Vanity.  Vanity is not obliged to
      pay benefits or share profits with any employee after termination of
      employment except as required by
law;

            

    

    

    Vanity
Assets - Vanity Equipment

    

    
      	
              (jj)  

            	
              Vanity
      Equipment. The Vanity Equipment has been maintained in a manner
      consistent with that of a reasonably prudent owner and such equipment is
      in good working condition;

            

    

    

    Vanity
Assets - Vanity Goodwill and Other Assets

    

    
      	
              (kk)  

            	
              Vanity
      Goodwill. Vanity carries on the Vanity Business only under the name
      "Vanity Technologies, Inc." and variations thereof and under no other
      business or trade names. The Vanity Shareholders do not have any knowledge
      of any infringement by Vanity of any patent, trademark, copyright or trade
      secret;

            

    

    

    
      The
Business of Vanity

    

    

    
      	
              (ll)  

            	
              Maintenance of
      Business. Since the date of the Vanity Financial Statements, the
      Vanity Business has been carried on in the ordinary course and Vanity has
      not entered into any material agreement or commitment except in the
      ordinary course; and

            

    

    

    
      	
              (mm)  

            	
              Subsidiaries.
      Vanity does not own any subsidiaries and does not otherwise own, directly
      or indirectly, any shares or interest in any other corporation,
      partnership, joint venture or firm and Vanity does not own any subsidiary
      and does not otherwise own, directly or indirectly, any shares or interest
      in any other corporation, partnership, joint venture or
    firm.

            

    

    

    Non-Merger
and Survival

    

    5.2           The
representations and warranties of Vanity contained herein will be true at and as
of Closing in all material respects as though such representations and
warranties were made as of such time.  Notwithstanding the completion
of the transactions contemplated hereby, the waiver of any condition contained
herein (unless such waiver expressly releases a party from any such
representation or warranty) or any investigation made by Map, the
representations and warranties of Vanity shall survive the Closing.

    

    
      
         

      

      
        17

        
          

        

      

      
         

      

    

    

    ARTICLE
6

    COVENANTS
OF VANITY AND

    THE
VANITY SHAREHOLDERS

    

    Covenants

    

    6.1            Vanity
and the Vanity Shareholders covenant and agree with Map that they
will:

    

    
      	
              (a)  

            	
              Conduct of
      Business. Until the Closing, conduct the Vanity Business diligently
      and in the ordinary course consistent with the manner in which the Vanity
      Business generally has been operated up to the date of execution of this
      Agreement;

            

    

    

    
      	
              (b)  

            	
              Preservation of
      Business.  Until the Closing, use their best efforts to
      preserve the Vanity Business and the Vanity Assets and, without
      limitation, preserve for Map Vanity’s relationships with their suppliers,
      customers and others having business relations with
  them;

            

    

    

    
      	
              (c)  

            	
              Procure
      Consents. Until the Closing, take all reasonable steps required to
      obtain, prior to Closing, any and all third party consents required to
      permit the Acquisition and to preserve and maintain the Vanity Assets,
      including the Vanity Material Contracts, notwithstanding the change in
      control of Vanity arising from the
Acquisition;

            

    

    

    Authorization

    

    6.2           Vanity
hereby agrees to authorize and direct any and all federal, state, municipal,
foreign and international governments and regulatory authorities having
jurisdiction respecting Vanity to release any and all information in their
possession respecting Vanity to Map.  Vanity shall promptly execute
and deliver to Map any and all consents to the release of information and
specific authorizations which Map reasonably require to gain access to any and
all such information.

    

    Survival

    

    6.3          
The covenants set forth in this Article shall survive the Closing for the
benefit of Map.

    

    

    ARTICLE
7

    CONDITIONS
PRECEDENT

    

    Conditions
Precedent in favor of Map

    

    7.1           Map’s
obligations to carry out the transactions contemplated hereby are subject to the
fulfillment of each of the following conditions precedent on or before the
Closing:

    

    
      	
              (a)  

            	
              all
      documents or copies of documents required to be executed and delivered to
      Map hereunder will have been so executed and
  delivered;

            

    

    

    
      	
              (b)  

            	
              all
      of the terms, covenants and conditions of this Agreement to be complied
      with or performed by Vanity or the Vanity Shareholders at or prior to the
      Closing will have been complied with or
  performed;

            

    

    

    
      	
              (c)  

            	
              title
      to the Vanity Shares held by the Vanity Shareholders and to the Vanity
      Assets will be free and clear of all mortgages, liens, charges, pledges,
      security interests, encumbrances or other claims whatsoever, save and
      except as disclosed herein, and the Vanity Shares shall be duly
      transferred to Map;

            

    

     

    
      
         

      

      
        18

        
          

        

      

      
         

      

       

    

    
      	
              (d)  

            	
              subject
      to Article 8 hereof, there will not have
  occurred

            

    

    

    
      	
              (i)  

            	
              any
      material adverse change in the financial position or condition of Vanity,
      its liabilities or the Vanity Assets or any damage, loss or other change
      in circumstances materially and adversely affecting Vanity, the Vanity
      Business or the Vanity Assets or Vanity's right to carry on the Vanity
      Business, other than changes in the ordinary course of business, none of
      which has been materially adverse,
or

            

    

    

    
      	
              (ii)  

            	
              any
      damage, destruction, loss or other event, including changes to any laws or
      statutes applicable to Vanity or the Vanity Business (whether or not
      covered by insurance) materially and adversely affecting Vanity, the
      Vanity Business or the Vanity
Assets;

            

    

    

    
      	
              (e)  

            	
              the
      transactions contemplated hereby shall have been approved by all other
      regulatory authorities having jurisdiction over the subject matter hereof,
      if any;

            

    

    

    
      	
              (f)  

            	
              the
      transactions contemplated hereby shall have been approved by the Board of
      Directors and shareholders of
Vanity;

            

    

    

    
      	
              (g)  

            	
              on
      or prior to the Closing Date, Vanity and/or the Vanity Shareholders shall
      have acquired all of the ordinary shares held by Vanity Shareholders that
      are not participating in this Agreement so that Map shall acquire 100% of
      the presently issued and outstanding Vanity Shares;
  and

            

    

    

    
      	
              (h)  

            	
              on
      or prior to the Closing Date, Vanity shall have delivered the Vanity
      Financial Statements.

            

    

    

    Waiver
by Map

    

    7.2           The
conditions precedent set out in the preceding section are inserted for the
exclusive benefit of Map and any such condition may be waived in whole or in
part by Map at or prior to the Closing by delivering to Vanity a written waiver
to that effect signed by Map. In the event that the conditions precedent set out
in the preceding section are not satisfied on or before the Closing, Map shall
be released from all obligations under this Agreement.

    

    Conditions
Precedent in Favor of Vanity and the Vanity Shareholders

    

    7.3           The
obligations of Vanity and the Vanity Shareholders to carry out the transactions
contemplated hereby are subject to the fulfillment of each of the following
conditions precedent on or before the Closing:

    

    
      	
              (a)  

            	
              all
      documents or copies of documents required to be executed and delivered to
      Vanity hereunder will have been so executed and
  delivered;

            

    

    

    
      	
              (b)  

            	
              all
      of the terms, covenants and conditions of this Agreement to be complied
      with or performed by Map at or prior to the Closing will have been
      complied with or performed;

            

    

    

    
      	
              (c)  

            	
              Map
      will have delivered the Acquisition Shares to be issued pursuant to the
      terms of the Acquisition to Vanity at the Closing and the Acquisition
      Shares will be registered on the books of Map in the name of the holder of
      Vanity Shares at the time of
Closing;

            

    

     

    
      
         

      

      
        19

        
          

        

      

      
         

      

    

     

    
      	
              (d)  

            	
              title
      to the Acquisition Shares will be free and clear of all mortgages, liens,
      charges, pledges, security interests, encumbrances or other claims
      whatsoever;

            

    

    

    
      	
              (e)  

            	
              subject
      to Article 8 hereof, there will not have
  occurred

            

    

    

    
      	
              (i)  

            	
              any
      material adverse change in the financial position or condition of Map, its
      subsidiaries, their liabilities or the Map Assets or any damage, loss or
      other change in circumstances materially and adversely affecting Map, the
      Map Business or the Map Assets or Map’ right to carry on the Map Business,
      other than changes in the ordinary course of business, none of which has
      been materially adverse, or

            

    

    

    
      	
              (ii)  

            	
              any
      damage, destruction, loss or other event, including changes to any laws or
      statutes applicable to Map or the Map Business (whether or not covered by
      insurance) materially and adversely affecting Map, its subsidiaries, the
      Map Business or the Map Assets;

            

    

    

    
      	
               
      

            	
              (f)  
      

            	
              the
      transactions contemplated hereby shall have been approved by all other
      regulatory authorities having jurisdiction over the subject matter hereof,
      if any;

            

    

    

    
      	
               
      

            	
              (g)  
      

            	
              the
      transactions contemplated hereby shall have been approved by the Board of
      Directors of Map;

            

    

    

    
      	
              (i)  

            	
              each
      of the directors and officers of Map shall have resigned as directors
      and/or officers of Map;

            

    

    

    
      	
              (j)  

            	
              Steven
      Moskowitz shall have been appointed as the Chairman of the Board of the
      Board of Directors of Map and Michael Cohen, Ronald Fussman and Frank
      Lauzaskas shall be appointed as members of the Board of
      Directors.

            

    

    

    Waiver
by Vanity and the Vanity Shareholders

    

    7.4           The
conditions precedent set out in the preceding section are inserted for the
exclusive benefit of Vanity and the Vanity Shareholders and any such condition
may be waived in whole or in part by Vanity or the Vanity Shareholders at or
prior to the Closing by delivering to Map a written waiver to that effect signed
by Vanity and the Vanity Shareholders. In the event that the conditions
precedent set out in the preceding section are not satisfied on or before the
Closing, Vanity and the Vanity Shareholders shall be released from all
obligations under this Agreement.

    

    Nature
of Conditions Precedent

    

    7.5           The
conditions precedent set forth in this Article are conditions of completion of
the transactions contemplated by this Agreement and are not conditions precedent
to the existence of a binding agreement. Each party acknowledges receipt of the
sum of $10.00 and other good and valuable consideration as separate and distinct
consideration for agreeing to the conditions of precedent in favor of the other
party or parties set forth in this Article.

    

    Termination

    

    7.6           Notwithstanding
any provision herein to the contrary, if the Closing does not occur on or before
March 31, 2008 (the “Termination Date”), this Agreement will be at an end and
will have no further force or effect, unless otherwise agreed upon by the
parties in writing.

     

    
      
         

      

      
        20

        
          

        

      

      
         

      

    

     

    Confidentiality

     

    7.7           Notwithstanding
any provision herein to the contrary, the parties hereto agree that the
existence and terms of this Agreement are confidential and that if this
Agreement is terminated pursuant to the preceding section the parties agree to
return to one another any and all financial, technical and business documents
delivered to the other party or parties in connection with the negotiation and
execution of this Agreement and shall keep the terms of this Agreement and all
information and documents received from Vanity and Map and the contents thereof
confidential and not utilize nor reveal or release same, provided, however, that
Map will be required to issue a news release regarding the execution and
consummation of this Agreement and file a Current Report on Form 8-K with the
Securities and Exchange Commission respecting the proposed Acquisition
contemplated hereby together with such other documents as are required to
maintain the currency of Map’s filings with the Securities and Exchange
Commission.

    

    

    ARTICLE
8

    RISK

    

    Material
Change in the Business of Vanity

    

    8.1           If
any material loss or damage to the Vanity Business occurs prior to Closing and
such loss or damage, in Map's reasonable opinion, cannot be substantially
repaired or replaced within sixty (60) days, Map shall, within two (2) days
following any such loss or damage, by notice in writing to Vanity, at its
option, either:

    

    
      	
              (a)  

            	
              terminate
      this Agreement, in which case no party will be under any further
      obligation to any other party; or

            

    

    

    
      	
              (b)  

            	
              elect
      to complete the Acquisition and the other transactions contemplated
      hereby, in which case the proceeds and the rights to receive the proceeds
      of all insurance covering such loss or damage will, as a condition
      precedent to Map' obligations to carry out the transactions contemplated
      hereby, be vested in Vanity or otherwise adequately secured to the
      satisfaction of Map on or before the Closing
  Date.

            

    

    

    Material
Change in the Map Business

    

    8.2           If
any material loss or damage to the Map Business occurs prior to Closing and such
loss or damage, in Vanity's reasonable opinion, cannot be substantially repaired
or replaced within sixty (60) days, Vanity shall, within two (2) days following
any such loss or damage, by notice in writing to Map, at its option,
either:

    

    
      	
              (a)  

            	
              terminate
      this Agreement, in which case no party will be under any further
      obligation to any other party; or

            

    

    

    
      	
              (b)  

            	
              elect
      to complete the Acquisition and the other transactions contemplated
      hereby, in which case the proceeds and the rights to receive the proceeds
      of all insurance covering such loss or damage will, as a condition
      precedent to Vanity's obligations to carry out the transactions
      contemplated hereby, be vested in Map or otherwise adequately secured to
      the satisfaction of Vanity on or before the Closing
  Date.

            

    

    

    
      
         

      

      
        21

        
          

        

      

      
         

      

    

    

    ARTICLE
9

    CLOSING

    

    Closing

    

    9.1           The
Acquisition and the other transactions contemplated by this Agreement will be
closed at the Place of Closing on Closing Date in accordance with the closing
procedure set out in this Article.

    

    Documents
to be Delivered by Vanity

    

    9.2           On
or before the Closing, Vanity and the Vanity Shareholders will deliver or cause
to be delivered to Map:

    

    
      	
              (a)  

            	
              copies
      of the charter documents of Vanity, including amendments thereof, and all
      corporate records documents and instruments of Vanity, the corporate seal
      of Vanity and all books and accounts of
Vanity;

            

    

    

    
      	
              (b)  

            	
              certified
      copies of such resolutions and minutes of the shareholders and directors
      of Vanity as are required to be passed to authorize the execution,
      delivery and implementation of this
Agreement;

            

    

    

    
      	
              (c)  

            	
              an
      acknowledgement from Vanity and the Vanity Shareholders of the
      satisfaction of the conditions precedent set forth in section 7.3
      hereof;

            

    

    

    
      	
              (d)  

            	
              the
      certificates or other evidence of ownership of the Vanity Shares, together
      with such other documents or instruments required to effect transfer of
      ownership of the Vanity Shares to Map;
and

            

    

    

    
      	
              (e)  

            	
              such
      other documents as Map may reasonably require to give effect to the terms
      and intention of this Agreement.

            

    

    

    Documents
to be Delivered by Map

    

    9.3           On
or before the Closing, Map shall deliver or cause to be delivered to Vanity and
the Vanity Shareholders:

    

    
      	
              (a)  

            	
              share
      certificates representing the Acquisition Shares duly registered in the
      names of the holders of shares of Vanity Common
  Stock;

            

    

    

    
      	
              (b)  

            	
              certified
      copies of such resolutions of the directors of Map as are required to be
      passed to authorize the execution, delivery and implementation of this
      Agreement;

            

    

    

    
      	
              (c)  

            	
              a
      certified copy of a resolution of the directors of Map dated as of the
      Closing Date appointing the nominees of Vanity as officers of Vanity and
      appointing the nominee of the Vanity Shareholders to the board of
      directors of Map;

            

    

    

    
      	
              (d)  

            	
              resignations
      of all of the officers and directors of Map as of the Closing
      Date;

            

    

    

    
      	
              (e)  

            	
              an
      acknowledgement from Map of the satisfaction of the conditions precedent
      set forth in section 7.1 hereof;

            

    

    

    
      	
              (f)  

            	
              certificate
      or incorporation and good standing certificate of Map;
  and

            

    

     

    
      
         

      

      
        22

        
          

        

      

      
         

      

    

     

    
      	
              (g)  

            	
              such
      other documents as Vanity may reasonably require to give effect to the
      terms and intention of this
Agreement.

            

    

    

    

    ARTICLE
10

    POST-CLOSING
MATTERS

    

    Forthwith after the Closing, Map,
Vanity and the Vanity Shareholders, as the case may be, agree to use all their
best efforts to:

    

    
      	
              (a)  

            	
              change
      the name of Map to “Vanity Events Holding, Inc.” of such other name as
      determined by the Board of Directors of
Map.

            

    

    

    

    ARTICLE
11

    GENERAL
PROVISIONS

    

    Arbitration

    

    11.1         The
parties hereto shall attempt to resolve any dispute, controversy, difference or
claim arising out of or relating to this Agreement by negotiation in good
faith.  If such good negotiation fails to resolve such dispute,
controversy, difference or claim within fifteen (15) days after any party
delivers to any other party a notice of its intent to submit such matter to
arbitration, then any party to such dispute, controversy, difference or claim
may submit such matter to arbitration in the City of New York, New
York.

    

    Notice

    

    11.2         Any
notice required or permitted to be given by any party will be deemed to be given
when in writing and delivered to the address for notice of the intended
recipient by personal delivery, prepaid single certified or registered mail, or
telecopier. Any notice delivered by mail shall be deemed to have been received
on the fourth business day after and excluding the date of mailing, except in
the event of a disruption in regular postal service in which event such notice
shall be deemed to be delivered on the actual date of receipt. Any notice
delivered personally or by telecopier shall be deemed to have been received on
the actual date of delivery.

    

    Addresses
for Service

    

    11.3         The
address for service of notice of each of the parties hereto is as
follows:

    

    
      	
              (a)  

            	
              Map:

            

    

    

    c/o
Sichenzia Ross Friedman Ference LLP

    61
Broadway, 32nd
Fl.

    New York,
New York 10006

    Attention: Jeffrey Fessler,
Esq.

    

    
      	
              (b)  

            	
              Vanity
      or the Vanity Shareholders:

            

    

    

    The Empire State Building

    350 Fifth
Avenue, Suite 2204

    New York,
New York 10118

    Attention:
Steven Moskowitz

    Telephone
no. 917-685-4958

    Facsimile
no.  718-979-5675

    

    
      
         

      

      
        23

        
          

        

      

      
         

      

    

     

    Change
of Address

    

    11.4         Any
party may, by notice to the other parties change its address for notice to some
other address in North America and will so change its address for notice
whenever the existing address or notice ceases to be adequate for delivery by
hand. A post office box may not be used as an address for service.

    

    Further
Assurances

    

    11.5         Each
of the parties will execute and deliver such further and other documents and do
and perform such further and other acts as any other party may reasonably
require to carry out and give effect to the terms and intention of this
Agreement.

    

    Time
of the Essence

    

    11.6         Time
is expressly declared to be the essence of this Agreement.

    

    Entire
Agreement

    

    11.7         The
provisions contained herein constitute the entire agreement among Vanity, the
Vanity Shareholders and Map respecting the subject matter hereof and supersede
all previous communications, representations and agreements, whether verbal or
written, among Vanity, the Vanity Shareholders and Map with respect to the
subject matter hereof.

    

    Enurement

    

    11.8         This
Agreement will enure to the benefit of and be binding upon the parties hereto
and their respective heirs, executors, administrators, successors and permitted
assigns.

    

    Assignment

    

    11.9         This
Agreement is not assignable without the prior written consent of the parties
hereto.

    

    Counterparts

    

    11.10       This
Agreement may be executed in counterparts, each of which when executed by any
party will be deemed to be an original and all of which counterparts will
together constitute one and the same Agreement. Delivery of executed copies of
this Agreement by telecopier will constitute proper delivery, provided that
originally executed counterparts are delivered to the parties within a
reasonable time thereafter.

    

    Applicable
Law

    

    11.11       This
Agreement shall be enforced, governed by and construed in accordance with the
laws of the State of New York applicable to agreements made and to be performed
entirely within such state, without regard to the principles of conflict of
laws  The parties hereto hereby submit to the exclusive jurisdiction
of the United States federal courts located in New York, New York with respect
to any dispute arising under this Agreement, the agreements entered into in
connection herewith or the transactions contemplated hereby or thereby. All
parties irrevocably waive the defense of an inconvenient forum to the
maintenance of such suit or proceeding.  All parties further agree
that service of process upon a party mailed by first class mail shall be deemed
in every respect effective service of process upon the party in any such suit or
proceeding.  Nothing herein shall affect either party’s right to serve
process in any other manner permitted by law.  All parties agree that
a final non-appealable judgment in any such suit or proceeding shall be
conclusive and may be enforced in other jurisdictions by suit on such judgment
or in any other lawful manner.  The party which does not prevail in
any dispute arising under this Agreement shall be responsible for all fees and
expenses, including attorneys’ fees, incurred by the prevailing party in
connection with such dispute.

     

    
      
         

      

      
        24

        
          

        

      

      
         

      

    

     

    IN WITNESS WHEREOF the parties
have executed this Agreement effective as of the day and year first above
written.

    

    MAP
V ACQUISITION, INC.

    

    

    

    By:_
_________________________

    Name:
Stephen Moskowitz

    Title:
Chief Executive Officer

    

    

    VANITY
EVENTS, INC.

    

    

    

    By:_
_________________________

    Name:
Stephen Moskowitz

    Title:
Chief Executive Officer

    

    

    SHAREHOLDERS
OF VANITY EVENTS, INC.

    

    

    

    ______________________________                                                                                                           ______________________________

    Name:                                                                                                                                                                      Name:

    Number of
Shares:                                                                                                                                              
 Number of Shares:

    

    

    

    ______________________________                                                                                                           ______________________________

    Name:                                                                                                                                                                      Name:

    Number of
Shares:                                                                                                                                              
 Number of Shares:

    

    

    ______________________________                                                                                                           ______________________________

    Name:                                                                                                                                                                      Name:

    Number of
Shares:                                                                                                                                      
         Number of
Shares:

    

    

    ______________________________                                                                                                           ______________________________

    Name:                                                                                                                                                                      Name:

    Number of
Shares:                                                                                                                                                Number
of Shares:

    

    

    ______________________________                                                                                                           ______________________________

    Name:                                                                                                                                                                      Name:

    Number of
Shares:                                                                                                                                                Number
of Shares:

    

    

    
25

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