Document:

ex10_5.htm

    

    Exhibit
10.5

    
       

      SPLIT-OFF
AGREEMENT

      

      SPLIT-OFF AGREEMENT, dated as
of December [_], 2009 (this “Agreement”), by and
among Med Control, Inc., a Nevada corporation (“Seller” or the “Company”), Ms. Eliane
Mayumi Kato (“Buyer”), and MCI
Acquisition Corp., a Nevada corporation (“MCI”).

      

      R
E C I T A L S:

      

      WHEREAS, Seller is the owner of
all of the issued and outstanding shares of capital stock of MCI.

      

      WHEREAS, MCI is a wholly owned
subsidiary of Seller that was organized to acquire, and prior to the closing of
the contemplated transaction has acquired, substantially all the assets and
liabilities of Seller. Seller has no other business or operations.

      

      WHEREAS, Buyer desires to
purchase the Shares (as defined in Section 1.1) from
Seller, and to assume, as between Seller and Buyer, all responsibilities for any
debts, obligations and liabilities of MCI, on the terms and subject to the
conditions specified in this Agreement.

      

      WHEREAS, Seller desires to
sell and transfer the Shares to the Buyer, on the terms and subject to the
conditions specified in this Agreement.

      

      NOW, THEREFORE, in
consideration of the premises and the covenants, promises, and agreements herein
set forth and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto, intending
legally to be bound, agree as follows.

       

      I.         
    PURCHASE
AND SALE OF STOCK.

       

      1.1      
     Purchased
Shares. Subject to the terms and conditions provided below, Seller shall
sell and transfer to Buyer and Buyer shall purchase from Seller, on the Closing
Date (as defined in Section 1.3), all the
issued and outstanding shares of capital stock of MCI (the
“Shares”).

       

      1.2       
   Purchase
Price. The purchase price for the Shares shall be the transfer and
delivery by Buyer to Seller of 6,000,000 shares of common stock of Seller that
buyer owns (the “Purchase Price Shares”), deliverable as provided in Section 2.2 and the
Buyer hereby agrees to cancel any outstanding indebtedness owed by the Seller to
the Buyer as further described in the Seller’s most recent financial statements
as filed with the Securities and Exchange Commission, currently in the amount of
$9,785.

       

      1.3       
    Closing.
The closing of the transactions contemplated in this Agreement (the “Closing”)
shall take place as soon as practicable following the execution of this
Agreement. The date on which the Closing occurs shall be referred to herein as
the Closing Date (the “Closing Date”).

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      II.          
  CLOSING.

       

      2.1    
      Transfer
of Shares. At the Closing, Seller shall deliver to Buyer certificates
representing the Shares, duly endorsed to Buyer or as directed by Buyer, which
delivery shall vest Buyer with good and marketable title to all of the issued
and outstanding shares of capital stock of MCI, free and clear of all liens and
encumbrances.

       

      2.2         
 Payment
of Purchase Price. At the Closing, Buyer shall deliver to Seller a
certificate or certificates representing the Purchase Price Shares duly endorsed
to Seller, which delivery shall vest Seller with good and marketable title to
the Purchase Price Shares, free and clear of all liens and
encumbrances.  The Purchase Price Shares shall be delivered to the
Seller’s Transfer Agent with instructions that the Purchase Price Shares be
cancelled and returned to treasury.

      

      2.3     
     Transfer
of Records. On or before the Closing, Seller shall arrange for transfer
to MCI all existing corporate books and records in Seller’s possession relating
to MCI and its business, including but not limited to all agreements, litigation
files, real estate files, intellectual property, Internet domain names,
personnel files and filings with governmental agencies; provided, however, when any such
documents relate to both Seller and MCI, only copies of such documents need be
furnished. On or before the Closing, Buyer and MCI shall transfer to Seller all
existing corporate books and records in the possession of Buyer or MCI relating
to Seller, including but not limited to all corporate minute books, stock
ledgers, certificates and corporate seals of Seller and all agreements,
litigation files, real property files, personnel files and filings with
governmental agencies; provided, however, when any such
documents relate to both Seller and MCI or its business, only copies of such
documents need be furnished.

       

      III.          
BUYER’S
REPRESENTATIONS AND WARRANTIES. Buyer represents and warrants to Seller
that:

       

      3.1      
    Capacity
and Enforceability. Buyer has the legal capacity to execute and deliver
this Agreement and the documents to be executed and delivered by Buyer at the
Closing pursuant to the transactions contemplated hereby. This Agreement and all
such documents constitute valid and binding agreements of Buyer, enforceable in
accordance with their terms.

       

      3.2         
Compliance.
Neither the execution and delivery of this Agreement nor the consummation of the
transactions contemplated hereby by Buyer will result in the breach of any term
or provision of, or constitute a default under, or violate any agreement,
indenture, instrument, order, law or regulation to which Buyer is a party or by
which Buyer is bound.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      3.3        
  Purchase
for Investment. Buyer is financially able to bear the economic risks of
acquiring an interest in MCI and the other transactions contemplated hereby, and
has no need for liquidity in this investment. Buyer has such knowledge and
experience in financial and business matters in general and with respect to
businesses of a nature similar to the business of MCI so as to be capable of
evaluating the merits and risks of, and making an informed business decision
with regard to, the acquisition of the Shares. Buyer is acquiring the Shares
solely for his own account and not with a view to or for resale in connection
with any distribution or public offering thereof, within the meaning of any
applicable securities laws and regulations, unless such distribution or offering
is registered under the Securities Act of 1933, as amended (the “Securities
Act”), or an exemption from such registration is available. Buyer has (i)
received all the information he has deemed necessary to make an informed
investment decision with respect to the acquisition of the Shares; (ii) had an
opportunity to make such investigation as he has desired pertaining to MCI and
the acquisition of an interest therein and to verify the information which is,
and has been, made available to him; and (iii) had the opportunity to ask
questions of Seller concerning MCI. Buyer acknowledges that Buyer is an officer
and director of Seller and MCI and, as such, has actual knowledge of the
business, operations and financial affairs of MCI. Buyer has received no public
solicitation or advertisement with respect to the offer or sale of the Shares.
Buyer realizes that the Shares are “restricted securities” as that term is
defined in Rule 144 promulgated by the Securities and Exchange Commission under
the Securities Act, the resale of the Shares is restricted by federal and state
securities laws and, accordingly, the Shares must be held indefinitely unless
their resale is subsequently registered under the Securities Act or an exemption
from such registration is available for their resale. Buyer understands that any
resale of the Shares by him must be registered under the Securities Act (and any
applicable state securities law) or be effected in circumstances that, in the
opinion of counsel for MCI at the time, create an exemption or otherwise do not
require registration under the Securities Act (or applicable state securities
laws). Buyer acknowledges and consents that certificates now or hereafter issued
for the Shares will bear a legend substantially as follows:

       

      THE
SECURITIES EVIDENCED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED UNDER THE
SECURITIES ACT OF 1933, AS AMENDED (THE “SECURITIES ACT”), OR QUALIFIED UNDER
ANY APPLICABLE STATE SECURITIES LAWS (THE “STATE ACTS”), HAVE BEEN ACQUIRED FOR
INVESTMENT AND MAY NOT BE SOLD, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED
EXCEPT PURSUANT TO A REGISTRATION STATEMENT UNDER THE SECURITIES ACT AND
QUALIFICATION UNDER THE STATE ACTS OR EXEMPTIONS FROM SUCH REGISTRATION OR
QUALIFICATION REQUIREMENTS (INCLUDING, IN THE CASE OF THE SECURITIES ACT, THE
EXEMPTIONS AFFORDED BY SECTION 4(1) OF THE SECURITIES ACT AND RULE 144
THEREUNDER). AS A PRECONDITION TO ANY SUCH TRANSFER, THE ISSUER OF THESE
SECURITIES SHALL BE FURNISHED WITH AN OPINION OF COUNSEL OPINING AS TO THE
AVAILABILITY OF EXEMPTIONS FROM SUCH REGISTRATION AND QUALIFICATION AND/OR SUCH
OTHER EVIDENCE AS MAY BE SATISFACTORY THERETO THAT ANY SUCH TRANSFER WILL NOT
VIOLATE THE SECURITIES LAWS.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      Buyer
understands that the Shares are being sold to him pursuant to the exemption from
registration contained in Section 4(1) of the Securities Act and that the Seller
is relying upon the representations made herein as one of the bases for claiming
the Section 4(1) exemption.

       

      3.4           
Liabilities.
Following the Closing, Seller will have no liability for any debts, liabilities
or obligations of MCI or its business or activities, and there are no
outstanding guaranties, performance or payment bonds, letters of credit or other
contingent contractual obligations that have been undertaken by Seller directly
or indirectly in relation to MCI or its business and that may survive the
Closing.

       

      3.5          
Title to
Purchase Price Shares. Buyer is the sole record and beneficial owner of
the Purchase Price Shares. At Closing, Buyer will have good and marketable title
to the Purchase Price Shares, which Purchase Price Shares are, and at the
Closing will be, free and clear of all options, warrants, pledges, claims,
liens, and encumbrances and any restrictions or limitations prohibiting or
restricting transfer to Seller, except for restrictions on transfer as
contemplated by applicable securities laws.

       

      IV.          
SELLER’S
AND MCI’ REPRESENTATIONS AND WARRANTIES. Seller and MCI, jointly and
severally, represent and warrant to Buyer that:

       

      4.1          
Organization
and Good Standing. Seller is a corporation duly incorporated, validly
existing, and in good standing under the laws of the State of Nevada. MCI is a
corporation duly incorporated, validly existing and in good standing under the
laws of the State of Nevada.

       

      4.2          
Authority
and Enforceability. The execution and delivery of this Agreement and the
documents to be executed and delivered at the Closing pursuant to the
transactions contemplated hereby, and performance in accordance with the terms
hereof and thereof, have been duly authorized by Seller and all such documents
constitute the valid and binding agreements of Seller enforceable in accordance
with their terms.

       

      4.3          
Title to
Shares. Seller is the sole record and beneficial owner of the Shares. At
Closing, Seller will have good and marketable title to the Shares, which Shares
are, and at the Closing will be, free and clear of all options, warrants,
pledges, claims, liens and encumbrances, and any restrictions or limitations
prohibiting or restricting transfer to Buyer, except for restrictions on
transfer as contemplated by Section 3.3 above.
The Shares constitute all of the issued and outstanding shares of capital stock
of MCI.

       

      4.4          
WARN
Act. MCI does not have a sufficient number of employees to make it
subject to the Worker Adjustment and Retraining Notification Act (“WARN
Act”).

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      V.           
OBLIGATIONS
OF BUYER PENDING CLOSING. Buyer covenants and agrees that between the
date hereof and the Closing:

       

      5.1          
Not
Impair Performance. Buyer shall not take any intentional action that
would cause the conditions upon the obligations of the parties hereto to effect
the transactions contemplated hereby not to be fulfilled, including, without
limitation, taking or causing to be taken any action that would cause the
representations and warranties made by any party herein not to be true, correct
and accurate as of the Closing, or in any way impairing the ability of Seller to
satisfy its obligations as provided in Article
VI.

       

      5.2          
Assist
Performance. Buyer shall exercise its reasonable best efforts to cause to
be fulfilled those conditions precedent to Seller’s obligations to consummate
the transactions contemplated hereby which are dependent upon actions of Buyer
and to make and/or obtain any necessary filings and consents in order to
consummate the sale transaction contemplated by this Agreement.

       

      VI.          
OBLIGATIONS
OF SELLER PENDING CLOSING. Seller covenants and agrees that between the
date hereof and the Closing:

       

      6.1          
Business
as Usual. MCI shall operate and Seller shall cause MCI to operate in
accordance with past practices and shall use best efforts to preserve its
goodwill and the goodwill of its employees, customers and others having business
dealings with MCI. Without limiting the generality of the foregoing, from the
date of this Agreement until the Closing Date, MCI shall (a) make all normal and
customary repairs to its equipment, assets and facilities, (b) keep in force all
insurance, (c) preserve in full force and effect all material franchises,
licenses, contracts and real property interests and comply in all material
respects with all laws and regulations, (d) collect all accounts receivable and
pay all trade creditors in the ordinary course of business at intervals
historically experienced, and (e) preserve and maintain MCI’s assets in their
current operating condition and repair, ordinary wear and tear excepted. MCI
shall not (i) amend, terminate or surrender any material franchise, license,
contract or real property interest, or (ii) sell or dispose of any of its assets
except in the ordinary course of business. Neither MCI nor Buyer shall take or
omit to take any action that results in Seller incurring any liability or
obligation prior to or in connection with the Closing.

       

      6.2          
Not
Impair Performance. Seller shall not take any intentional action that
would cause the conditions upon the obligations of the parties hereto to effect
the transactions contemplated hereby not to be fulfilled, including, without
limitation, taking or causing to be taken any action which would cause the
representations and warranties made by any party herein not to be materially
true, correct and accurate as of the Closing, or in any way impairing the
ability of Buyer to satisfy his obligations as provided in Article
V.

       

      6.3          
Assist
Performance. Seller shall exercise its reasonable best efforts to cause
to be fulfilled those conditions precedent to Buyer’s obligations to consummate
the transactions contemplated hereby which are dependent upon the actions of
Seller and to work with Buyer to make and/or obtain any necessary filings and
consents. Seller shall cause MCI to comply with its obligations under this
Agreement.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      VII.      
   SELLER’S
AND MCI’ CONDITIONS PRECEDENT TO CLOSING. The obligations of Seller and
MCI to close the transactions contemplated by this Agreement are subject to the
satisfaction at or prior to the Closing of each of the following conditions
precedent (any or all of which may be waived by Seller in writing):

       

      7.1          
Representations
and Warranties; Performance. All representations and warranties of Buyer
contained in this Agreement shall have been true and correct, in all material
respects, when made and shall be true and correct, in all material respects, at
and as of the Closing, with the same effect as though such representations and
warranties were made at and as of the Closing. Buyer shall have performed and
complied with all covenants and agreements and satisfied all conditions, in all
material respects, required by this Agreement to be performed or complied with
or satisfied by Buyer at or prior to the Closing.

       

      7.2          
Additional
Documents. Buyer shall deliver or cause to be delivered such additional
documents as may be necessary in connection with the consummation of the
transactions contemplated by this Agreement and the performance of their
obligations hereunder.

       

      7.3          
Release
by MCI. At the Closing, MCI shall execute and deliver to Seller a general
release which in substance and effect releases Seller from any and all
liabilities and obligations that Seller may owe to MCI in any capacity and from
any and all claims that MCI may have against Seller or its managers, members,
officers, directors, stockholders, employees and agents (other than those
arising pursuant to this Agreement or any document delivered in connection with
this Agreement).

       

      VIII.        BUYER’S
CONDITIONS PRECEDENT TO CLOSING. The obligation of Buyer to close the
transactions contemplated by this Agreement is subject to the satisfaction at or
prior to the Closing of each of the following conditions precedent (any and all
of which may be waived by Buyer in writing):

       

      8.1          
Representations
and Warranties; Performance. All representations and warranties of Seller
and MCI contained in this Agreement shall have been true and correct, in all
material respects, when made and shall be true and correct, in all material
respects, at and as of the Closing with the same effect as though such
representations and warranties were made at and as of the Closing. Seller and
MCI shall have performed and complied with all covenants and agreements and
satisfied all conditions, in all material respects, required by this Agreement
to be performed or complied with or satisfied by them at or prior to the
Closing.

       

      IX.        
  OTHER
AGREEMENTS.

       

      9.1          
Expenses.
Each party hereto shall bear its expenses separately incurred in connection with
this Agreement and with the performance of its obligations
hereunder.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      9.2          
Confidentiality.
The parties hereto shall not make any public announcements concerning this
transaction other than in accordance with mutual agreement reached prior to any
such announcement(s) and other than as may be required by applicable law or
judicial process. If for any reason the transactions contemplated hereby are not
consummated, then Buyer shall return any information received by Buyer from
Seller or MCI, and Buyer shall cause all confidential information obtained by
Buyer concerning MCI and its business to be treated as such.

       

      9.3          
Brokers’
Fees. No party to this Agreement has employed the services of a broker
and each agrees to indemnify the other against all claims of any third parties
for fees and commissions of any brokers claiming a fee or commission related to
the transactions contemplated hereby.

       

      9.4          
Access
to Information Post-Closing; Cooperation.

       

      (a)          
Following the Closing, Buyer and MCI shall afford to Seller and its authorized
accountants, counsel, and other designated representatives reasonable access
(and including using reasonable efforts to give access to persons or firms
possessing information) and duplicating rights during normal business hours to
allow records, books, contracts, instruments, computer data and other data and
information (collectively, “Information”) within the possession or control of
Buyer or MCI insofar as such access is reasonably required by Seller.
Information may be requested under this Section 9.4(a) for,
without limitation, audit, accounting, claims, litigation and tax purposes, as
well as for purposes of fulfilling disclosure and reporting obligations and
performing this Agreement and the transactions contemplated hereby. No files,
books or records of MCI existing at the Closing Date shall be destroyed by Buyer
or MCI after Closing but prior to the expiration of any period during which such
files, books or records are required to be maintained and preserved by
applicable law without giving the Seller at least 30 days’ prior written notice,
during which time Seller shall have the right to examine and to remove any such
files, books and records prior to their destruction.

       

      (b)         
Following the Closing, Seller shall afford to MCI and its authorized
accountants, counsel and other designated representatives reasonable access
(including using reasonable efforts to give access to persons or firms
possessing information) duplicating rights during normal business hours to
Information within Seller’s possession or control relating to the business of
MCI. Information may be requested under this Section 9.4(b) for,
without limitation, audit, accounting, claims, litigation and tax purposes as
well as for purposes of fulfilling disclosure and reporting obligations and for
performing this Agreement and the transactions contemplated hereby. No files,
books or records of MCI existing at the Closing Date shall be destroyed by
Seller after Closing but prior to the expiration of any period during which such
files, books or records are required to be maintained and preserved by
applicable law without giving the Buyer at least 30 days prior written notice,
during which time Buyer shall have the right to examine and to remove any such
files, books and records prior to their destruction.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      (c)      
     At all times following the Closing, Seller, Buyer and
MCI shall use reasonable efforts to make available to the other party on written
request, the current and former officers, directors, employees and agents of
Seller or MCI for any of the purposes set forth in Section 9.4(a) or (b)
above or as witnesses to the extent that such persons may reasonably be required
in connection with any legal, administrative or other proceedings in which
Seller or MCI may from time to be involved.

       

      (d)        
   The party to whom any Information or witnesses are provided under
this Section
9.4 shall reimburse the provider thereof for all out-of-pocket expenses
actually and reasonably incurred in providing such Information or
witnesses.

       

      (e)        
   Seller, Buyer, MCI and their respective employees and agents shall
each hold in strict confidence all Information concerning the other party in
their possession or furnished by the other or the other’s representative
pursuant to this Agreement with the same degree of care as such party utilizes
as to such party’s own confidential information (except to the extent that such
Information is (i) in the public domain through no fault of such party or (ii)
later lawfully acquired from any other source by such party), and each party
shall not release or disclose such Information to any other person, except such
party’s auditors, attorneys, financial advisors, bankers, other consultants and
advisors or persons with whom such party has a valid obligation to disclose such
Information, unless compelled to disclose such Information by judicial or
administrative process or, as advised by its counsel, by other requirements of
law.

       

      (f)           
 Seller, Buyer and MCI shall each use their best efforts to forward
promptly to the other party all notices, claims, correspondence and other
materials which are received and determined to pertain to the other
party.

       

      9.5          
Guarantees,
Surety Bonds and Letter of Credit Obligations. In the event that Seller
is obligated for any debts, obligations or liabilities of MCI by virtue of any
outstanding guarantee, performance or surety bond or letter of credit provided
or arranged by Seller on or prior to the Closing Date, Buyer and MCI shall use
best efforts to cause to be issued replacements of such bonds, letters of credit
and guarantees and to obtain any amendments, novations, releases and approvals
necessary to release and discharge fully Seller from any liability thereunder
following the Closing. Buyer and MCI, jointly and severally, shall be
responsible for, and shall indemnify, hold harmless and defend Seller from and
against, any costs or losses incurred by Seller arising from such bonds, letters
of credits and guarantees and any liabilities arising therefrom and shall
reimburse Seller for any payments that Seller may be required to pay pursuant to
enforcement of its obligations relating to such bonds, letters of credit and
guarantees.

       

      9.6          
Filings
and Consents. Buyer, at its risk, shall determine what, if any, filings
and consents must be made and/or obtained prior to Closing to consummate the
purchase and sale of the Shares. Buyer shall indemnify the Seller Indemnified
Parties (as defined in Section 11.1 below)
against any Losses (as defined in Section 11.1 below)
incurred by any Seller Indemnified Parties by virtue of the failure to make
and/or obtain any such filings or consents. Recognizing that the failure to make
and/or obtain any filings or consents may cause Seller to incur Losses or
otherwise adversely affect Seller, Buyer and MCI confirm that the provisions of
this Section
9.6 will not limit Seller’s right to treat such failure as the failure of
a condition precedent to Seller’s obligation to close pursuant to Article VII
above.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      9.7           
Insurance.
Buyer acknowledges that on the Closing Date, effective as of the Closing, all
insurance coverage and bonds provided by Seller for MCI, and all certificates of
insurance evidencing that MCI maintains any required insurance by virtue of
insurance provided by Seller, will terminate with respect to any insured damages
resulting from matters occurring subsequent to Closing.

       

      9.8           
Agreements
Regarding Taxes.

       

      (a)           
Tax
Sharing Agreements. Any tax sharing agreement between Seller and MCI is
terminated as of the Closing Date and will have no further effect for any
taxable year (whether the current year, a future year, or a past
year).

       

      (b)          
Returns
for Periods Through the Closing Date. Seller will include the income and
loss of MCI (including any deferred income triggered into income by Reg.
§1.1502-13 and any excess loss accounts taken into income under Reg. §1.1502-19)
on Seller’s consolidated federal income tax returns for all periods through the
Closing Date and pay any federal income taxes attributable to such income.
Seller and MCI agree to allocate income, gain, loss, deductions and credits
between the period up to Closing (the “Pre-Closing Period”) and the period after
Closing (the “Post-Closing Period”) based on a closing of the books of MCI and
both Seller and MCI agree not to make an election under Reg.
§1.1502-76(b)(2)(ii) to ratably allocate the year’s items of income, gain, loss,
deduction and credit. Seller, MCI and Buyer agree to report all transactions not
in the ordinary course of business occurring on the Closing Date after Buyer’s
purchase of the Shares on MCI’s tax returns to the extent permitted by Reg.
§1.1502-76(b)(1)(ii)(B). Buyer agrees to indemnify Seller for any additional tax
owed by Seller (including tax owned by Seller due to this indemnification
payment) resulting from any transaction engaged in by MCI during the Pre-Closing
Period or on the Closing Date after Buyer’s purchase of the Shares. MCI will
furnish tax information to Seller for inclusion in Seller’s consolidated federal
income tax return for the period which includes the Closing Date in accordance
with MCI’s past custom and practice.

       

      (c)           
Audits.
Seller will allow MCI and its counsel to participate at MCI’s expense in any
audits of Seller’s consolidated federal income tax returns to the extent that
such audit raises issues that relate to and increase the tax liability of MCI.
Seller shall have the absolute right, in its sole discretion, to engage
professionals and direct the representation of Seller in connection with any
such audit and the resolution thereof, without receiving the consent of Buyer or
MCI or any other party acting on behalf of Buyer or MCI, provided that Seller
will not settle any such audit in a manner which would materially adversely
affect MCI after the Closing Date unless such settlement would be reasonable in
the case of a person that owned MCI both before and after the Closing Date. In
the event that after Closing any tax authority informs the Buyer or MCI of any
notice of proposed audit, claim, assessment, or other dispute concerning an
amount of taxes which pertain to the Seller, or to MCI during the period prior
to Closing, Buyer or MCI must promptly notify the Seller of the same within 15
calendar days of the date of the notice from the tax authority. In the event
Buyer or MCI does not notify the Seller within such 15-day period, Buyer and
MCI, jointly and severally, will indemnify the Seller for any incremental
interest, penalty or other assessments resulting from the delay in giving
notice. To the extent of any conflict or inconsistency, the provisions of this
Section 9.8 shall control over the provisions of Section 11.2
below.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      (d)          
Cooperation
on Tax Matters. Buyer, Seller and MCI shall cooperate fully, as and to
the extent reasonably requested by the other party, in connection with the
filing of tax returns pursuant to this Section and any audit, litigation or
other proceeding with respect to taxes. Such cooperation shall include the
retention and (upon the other party’s request) the provision of records and
information which are reasonably relevant to any such audit, litigation or other
proceeding and making employees available on a mutually convenient basis to
provide additional information and explanation of any material provided
hereunder. MCI shall (i) retain all books and records with respect to tax
matters pertinent to MCI relating to any taxable period beginning before the
Closing Date until the expiration of the statute of limitations (and, to the
extent notified by Seller, any extensions thereof) of the respective taxable
periods, and to abide by all record retention agreements entered into with any
taxing authority, and (ii) give Seller reasonable written notice prior to
transferring, destroying or discarding any such books and records and, if the
Seller so requests, Buyer agrees to cause MCI to allow Seller to take possession
of such books and records.

       

      9.9          
ERISA.
Effective as of the Closing Date, MCI shall terminate its participation in, and
withdraw from, all employee benefit plans sponsored by Seller, and Seller and
Buyer shall cooperate fully in such termination and withdrawal. Without
limitation, MCI shall be solely responsible for (i) all liabilities under those
employee benefit plans notwithstanding any status as an employee benefit plan
sponsored by Seller, and (ii) all liabilities for the payment of vacation pay,
severance benefits, and similar obligations, including, without limitation,
amounts which are accrued but unpaid as of the Closing Date with respect
thereto. Buyer and MCI acknowledge that MCI is solely responsible for providing
continuation health coverage, as required under the Consolidated Omnibus
Reconciliation Act of 1985, as amended (“COBRA”), to each person, if any,
participating in an employee benefit plan subject to COBRA with respect to such
employee benefit plan as of the Closing Date, including, without limitation, any
person whose employment with MCI is terminated after the Closing
Date.

       

      X.            
TERMINATION.
This Agreement may be terminated at, or at any time prior to, the Closing by
mutual written consent of Seller and Buyer.

       

      If this
Agreement is terminated as provided herein, it shall become wholly void and of
no further force and effect and there shall be no further liability or
obligation on the part of any party except to pay such expenses as are required
of such party.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      XI.   
        INDEMNIFICATION.

       

      11.1         
Indemnification
by Buyer. Buyer covenants and agrees to indemnify, defend, protect and
hold harmless Seller, and its officers, directors, employees, stockholders,
agents, representatives and affiliates (collectively, together with Seller, the
“Seller Indemnified Parties”) at all times from and after the date of this
Agreement from and against all losses, liabilities, damages, claims, actions,
suits, proceedings, demands, assessments, adjustments, costs and expenses
(including specifically, but without limitation, reasonable attorneys’ fees and
expenses of investigation), whether or not involving a third party claim and
regardless of any negligence of any Seller Indemnified Party (collectively,
“Losses”), incurred by any Seller Indemnified Party as a result of or arising
from (i) any breach of the representations and warranties of Buyer set forth
herein or in certificates delivered in connection herewith, (ii) any breach or
non-fulfillment of any covenant or agreement (including any other agreement of
Buyer to indemnify Seller set forth in this Agreement) on the part of Buyer
under this Agreement, (iii) any debt, liability or obligation of MCI, (iv) the
conduct and operations of the business of MCI whether before or after Closing,
(v) claims asserted against MCI whether before or after Closing, or (vi) any
federal or state income tax payable by Seller and attributable to the
transaction contemplated by this Agreement.

       

      11.2         
Third
Party Claims.

       

      (a)           
Defense.
If any claim or liability (a “Third-Party Claim”) should be asserted against any
of the Seller Indemnified Parties (the “Indemnitee”) by a third party after the
Closing for which Buyer has an indemnification obligation under the terms of
Section 11.1,
then the Indemnitee shall notify Buyer and MCI (the “Indemnitor”) within 20 days
after the Third-Party Claim is asserted by a third party (said notification
being referred to as a “Claim Notice”) and give the Indemnitor a reasonable
opportunity to take part in any examination of the books and records of the
Indemnitee relating to such Third-Party Claim and to assume the defense of such
Third-Party Claim and in connection therewith and to conduct any proceedings or
negotiations relating thereto and necessary or appropriate to defend the
Indemnitee and/or settle the Claim. The expenses (including reasonable
attorneys’ fees) of all negotiations, proceedings, contests, lawsuits or
settlements with respect to any Third-Party Claim shall be borne by the
Indemnitor. If the Indemnitor agrees to assume the defense of any Third-Party
Claim in writing within 20 days after the Claim Notice of such Third-Party Claim
has been delivered, through counsel reasonably satisfactory to Indemnitee, then
the Indemnitor shall be entitled to control the conduct of such defense, and any
decision to settle such Third-Party Claim, and shall be responsible for any
expenses of the Indemnitee in connection with the defense of such Third-Party
Claim so long as the Indemnitor continues such defense until the final
resolution of such Third-Party Claim. The Indemnitor shall be responsible for
paying all settlements made or judgments entered with respect to any Third-Party
Claim the defense of which has been assumed by the Indemnitor. Except as
provided on subsection (b) below, both the Indemnitor and the Indemnitee must
approve any settlement of a Third Party Claim. A failure by the Indemnitee to
timely give the Claim Notice shall not excuse Indemnitor from any
indemnification liability except only to the extent that the Indemnitor is
materially and adversely prejudiced by such failure.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      (b)          
Failure
to Defend. If the Indemnitor shall not agree to assume the defense of any
Third-Party Claim in writing within 20 days after the Claim Notice of such
Third-Party Claim has been delivered, or shall fail to continue such defense
until the final resolution of such Third-Party Claim, then the Indemnitee may
defend against such Third-Party Claim in such manner as it may deem appropriate
and the Indemnitee may settle such Third-Party Claim on such terms as it may
deem appropriate. The Indemnitor shall promptly reimburse the Indemnitee for the
amount of all settlement payments and expenses, legal and otherwise, incurred by
the Indemnitee in connection with the defense or settlement of such Third-Party
Claim. If no settlement of such Third-Party Claim is made, then the Indemnitor
shall satisfy any judgment rendered with respect to such Third-Party Claim
before the Indemnitee is required to do so, and pay all expenses, legal or
otherwise, incurred by the Indemnitee in the defense against such Third-Party
Claim.

       

      11.3        
Non-Third-Party
Claims. Upon discovery of any claim for which Buyer has an
indemnification obligation under the terms of Section 11.3 which
does not involve a claim by a third party against the Indemnitee, the Indemnitee
shall give prompt notice to Buyer of such claim and, in any case, shall give
Buyer such notice within 30 days of such discovery. A failure by Indemnitee to
timely give the foregoing notice to Buyer shall not excuse Buyer from any
indemnification liability except to the extent that Buyer is materially and
adversely prejudiced by such failure.

       

      11.4        
Survival.
Except as otherwise provided in this Section 11.4, all
representations and warranties made by Buyer, MCI and Seller in connection with
this Agreement shall survive the Closing. Anything in this Agreement to the
contrary notwithstanding, the liability of all Indemnitors under this Article XI shall
terminate on the third (3rd)
anniversary of the Closing Date, except with respect to (a) liability for any
item as to which, prior to the third (3rd)
anniversary of the Closing Date, any Indemnitee shall have asserted a Claim in
writing, which Claim shall identify its basis with reasonable specificity, in
which case the liability for such Claim shall continue until it shall have been
finally settled, decided or adjudicated, (b) liability of any party for Losses
for which such party has an indemnification obligation, incurred as a result of
such party’s breach of any covenant or agreement to be performed by such party
after the Closing, (c) liability of Buyer for Losses incurred by a Seller
Indemnified Party due to breaches of their representations and warranties in
Article III of
this Agreement, and (d) liability of Buyer for Losses arising out of Third-Party
Claims for which Buyer has an indemnification obligation, which liability shall
survive until the statute of limitation applicable to any third party’s right to
assert a Third-Party Claim bars assertion of such claim.

       

      XII.         
MISCELLANEOUS.

       

      12.1        
Exercise
of Rights and Remedies. Except as otherwise provided herein, no delay of
or omission in the exercise of any right, power or remedy accruing to any party
as a result of any breach or default by any other party under this Agreement
shall impair any such right, power or remedy, nor shall it be construed as a
waiver of or acquiescence in any such breach or default, or of any similar
breach or default occurring later; nor shall any waiver of any single breach or
default be deemed a waiver of any other breach or default occurring before or
after that waiver.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      12.2       
   Time.
Time is of the essence with respect to this Agreement.

       

      12.3         
Reformation
and Severability. In case any provision of this Agreement shall be
invalid, illegal or unenforceable, it shall, to the extent possible, be modified
in such manner as to be valid, legal and enforceable but so as to most nearly
retain the intent of the parties, and if such modification is not possible, such
provision shall be severed from this Agreement, and in either case the validity,
legality and enforceability of the remaining provisions of this Agreement shall
not in any way be affected or impaired thereby.

       

      12.4         
Further
Acts. Seller, Buyer and MCI shall execute any and all documents and
perform such other acts that may be reasonably necessary to effectuate the
purposes of this Agreement.

       

      12.5         
Entire
Agreement; Amendments. This Agreement contains the entire understanding
of the parties relating to the subject matter contained herein. This Agreement
cannot be amended or changed except through a written instrument signed by all
of the parties hereto.

       

      12.6       
  Assignment.
No party may assign his or its rights or obligations hereunder, in whole or in
part, without the prior written consent of the other parties.

       

      12.7        
Governing
Law. This Agreement shall be governed by and construed in accordance with
the laws of the State of Nevada, without giving effect to principles of
conflicts or choice of laws thereof.

       

      12.8        
Counterparts.
This Agreement may be executed in one or more counterparts, with the same effect
as if all parties had signed the same document. Each such counterpart shall be
an original, but all such counterparts taken together shall constitute a single
agreement. In the event that any signature is delivered by facsimile
transmission, such signature shall create a valid and binding obligation of the
party executing (or on whose behalf such signature is executed) the same with
the same force and effect as if such facsimile signature page was an original
thereof.

       

      12.9        
Section
Headings and Gender. The Section headings used herein are inserted for
reference purposes only and shall not in any way affect the meaning or
interpretation of this Agreement. All personal pronouns used in this Agreement
shall include the other genders, whether used in the masculine, feminine or
neuter, and the singular shall include the plural, and vice versa, whenever and as
often as may be appropriate.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      12.10      
Specific
Performance; Remedies. Each of Seller and Buyer and MCI acknowledges and
agrees that the Company would be damaged irreparably if any provision of this
Agreement is not performed in accordance with its specific terms or is otherwise
breached. Accordingly, each of Buyer and MCI agrees that the Company will be
entitled to seek an injunction or injunctions to prevent breaches of the
provisions of this Agreement and to enforce specifically this Agreement and its
terms and provisions in any action instituted in any court of the United States
or any state thereof having jurisdiction over the parties and the matter,
subject to Section
12.7, in addition to any other remedy to which they may be entitled, at
law or in equity. Except as expressly provided herein, the rights, obligations
and remedies created by this Agreement are cumulative and in addition to any
other rights, obligations or remedies otherwise available at law or in equity,
and nothing herein will be considered an election of remedies.

       

      12.11      
Submission
to Jurisdiction; Process Agent; No Jury Trial.

       

      (a)          
Each party to the Agreement hereby submits to the jurisdiction of any state or
federal court sitting in the State of New York, in any action arising out of or
relating to this Agreement and agrees that all claims in respect of the action
may be heard and determined in any such court. Each party to the Agreement also
agrees not to bring any action arising out of or relating to this Agreement in
any other court. Each party to the Agreement agrees that a final judgment in any
action so brought will be conclusive and may be enforced by action on the
judgment or in any other manner provided at law or in equity. Each party to the
Agreement waives any defense of inconvenient forum to the maintenance of any
action so brought and waives any bond, surety, or other security that might be
required of any other Party with respect thereto.

       

      (b)          
EACH PARTY TO THE AGREEMENT HEREBY AGREES TO WAIVE HIS OR HER RIGHTS TO JURY
TRIAL OF ANY DISPUTE BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY OTHER
AGREEMENTS RELATING TO THE SUBJECT MATTER OF THIS AGREEMENT OR ANY DEALINGS
AMONG THEM RELATING TO THE TRANSACTIONS CONTEMPLATED HEREBY. The scope of this
waiver is intended to be all encompassing of any and all actions that may be
filed in any court and that relate to the subject matter of the transactions,
including, contract claims, tort claims, breach of duty claims, and all other
common law and statutory claims. Each party to the Agreement hereby acknowledges
that this waiver is a material inducement to enter into a business relationship
and that they will continue to rely on the waiver in their related future
dealings. Each party to the Agreement further represents and warrants that it
has reviewed this waiver with its legal counsel, and that each knowingly and
voluntarily waives its jury trial rights following consultation with legal
counsel. NOTWITHSTANDING ANYTHING TO THE CONTRARY HEREIN, THIS WAIVER IS
IRREVOCABLE, MEANING THAT IT MAY NOT BE MODIFIED ORALLY OR IN WRITING, AND THE
WAIVER WILL APPLY TO ANY AMENDMENTS, RENEWALS, SUPPLEMENTS OR MODIFICATIONS TO
THIS AGREEMENT OR TO ANY OTHER DOCUMENTS OR AGREEMENTS RELATING HERETO. In the
event of commencement of any action, this Agreement may be filed as a written
consent to trial by a court.

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      12.12       Construction.
The parties hereto have participated jointly in the negotiation and drafting of
this Agreement. If an ambiguity or question of intent or interpretation arises,
this Agreement will be construed as if drafted jointly by the parties hereto and
no presumption or burden of proof will arise favoring or disfavoring any party
because of the authorship of any provision of this Agreement. Any reference to
any federal, state, local, or foreign law will be deemed also to refer to law as
amended and all rules and regulations promulgated thereunder, unless the context
requires otherwise. The words “include,” “includes,” and “including” will be
deemed to be followed by “without limitation.” The words “this Agreement,”
“herein,” “hereof,” “hereby,” “hereunder,” and words of similar import refer to
this Agreement as a whole and not to any particular subdivision unless expressly
so limited. The parties hereto intend that each representation, warranty, and
covenant contained herein will have independent significance. If any party
hereto has breached any representation, warranty, or covenant contained herein
in any respect, the fact that there exists another representation, warranty or
covenant relating to the same subject matter (regardless of the relative levels
of specificity) which that party has not breached will not detract from or
mitigate the fact that such party is in breach of the first representation,
warranty, or covenant.

       

      

      [Signature
page follows this page.]

      
        
           

        

        
           

          
            

          

        

        
           

        

      

      IN WITNESS WHEREOF, the
parties hereto have hereunto set their hands as of the day and year first above
written.

      

      SELLER:

      

      MED
CONTROL, INC.

       

      
        	
                By:

              	 
      	 
      
	
                Name:

              	
                Mr.
      John Hwang

              	 
      
	
                Title:

              	
                Chief
      Executive Officer

              	 
      
	 
      	 
      	 
      
	
                MCI:

              	 
      
	 
      	 
      	 
      
	
                MCI
      ACQUISITION CORP:

              	 
      
	
                 

              	 
      	 
      
	 
      	 
      	 
      
	
                By:

              	 
      	 
      
	
                Name:

              	
                Ms.
      Elaine Mayumi Kato

              	 
      
	
                Title:

              	
                Chief
      Executive Officer

              	 
      
	 
      	 
      	 
      
	
                BUYER:

              	 
      
	 
      	 
      	 
      
	 
      	 
      	 
      
	
                Ms.
      Eliane Mayumi KatoSTOCK
PURCHASE AGREEMENT

     

    By
and Among

     

    KEVIN
J. FITZGERALD,

     

    PAMELA
W. FITZGERALD,

     

    SOUTHWEST
SIGNAL, INC.,

     

    a
Florida subchapter-S corporation

     

    and

     

    EGPI
FIRECREEK, INC.,

     

    a
Nevada corporation

     

    and

     

    REDQUARTZ
ATLANTA, LLC,

     

    a
Georgia limited liability company

     

    REGARDING
ALL OF THE ISSUED AND OUTSTANDING STOCK OF

     

    SOUTHWEST
SIGNAL, INC.

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    TABLE
OF CONTENTS

    

    
      
        
          
            
              
                
                  
                    
                      
                        	 
      	 
      	 	
                                Page

                              	 
	 
      	 
      	 	 	 
	
                                ARTICLE
      1 PURCHASE OF STOCK AND PURCHASE PRICE

                              	 	 	1	 
	
                                1.1

                              	
                                PURCHASE
      AND SALE.

                              	 	 	1	 
	
                                1.2

                              	
                                PURCHASE
      PRICE.

                              	 	 	1	 
	
                                1.3

                              	
                                DEPOSIT.

                              	 	 	2	 
	
                                1.4

                              	
                                TRUCK
      RETAINED BY SELLERS.

                              	 	 	2	 
	
                                1.5

                              	
                                EMPLOYEE
      BONUS POOL.

                              	 	 	3	 
	
                                1.6

                              	
                                PAYMENT
      OF CORPORATION OBLIGATIONS PERSONALLY GUARANTEED BY
    SELLERS.

                              	 	 	3	 
	
                                1.7

                              	
                                LEASE
      OF OFFICE SPACE AND FACILITY.

                              	 	 	3	 
	 	 	 	 	 
	
                                ARTICLE
      2 REPRESENTATIONS AND WARRANTIES OF THE SELLERS AND THE
      CORPORATION

                              	 	 	3	 
	
                                2.1

                              	
                                CORPORATE
      ORGANIZATION.

                              	 	 	3	 
	
                                2.2

                              	
                                SUBSIDIARIES
      AND AFFILIATES.

                              	 	 	3	 
	
                                2.3

                              	
                                CAPITAL
      STOCK.

                              	 	 	4	 
	
                                2.4

                              	
                                CORPORATE
      RECORDS.

                              	 	 	4	 
	
                                2.5

                              	
                                AUTHORIZATION.

                              	 	 	4	 
	
                                2.6

                              	
                                NO
      VIOLATION.

                              	 	 	4	 
	
                                2.7

                              	
                                FINANCIAL
      STATEMENTS.

                              	 	 	4	 
	
                                2.8

                              	
                                EMPLOYEES.

                              	 	 	5	 
	
                                2.9

                              	
                                ABSENCE
      OF CERTAIN CHANGES.

                              	 	 	5	 
	
                                2.10

                              	
                                CONTRACTS.

                              	 	 	5	 
	
                                2.11

                              	
                                BROKERAGE.

                              	 	 	7	 
	
                                2.12

                              	
                                TITLE
      AND RELATED MATTERS.

                              	 	 	7	 
	
                                2.13

                              	
                                LITIGATION.

                              	 	 	7	 
	
                                2.14

                              	
                                TAX
      MATTERS.

                              	 	 	8	 
	
                                2.15

                              	
                                COMPLIANCE
      WITH LAW AND APPLICABLE GOVERNMENT.

                              	 	 	9	 
	
                                2.16

                              	
                                ERISA
      AND RELATED MATTERS.

                              	 	 	9	 
	
                                2.17

                              	
                                BANKS,
      BROKERS AND PROXIES.

                              	 	 	10	 
	
                                2.18

                              	
                                INTELLECTUAL
      PROPERTY.

                              	 	 	10	 
	
                                2.19

                              	
                                DEALINGS
      WITH AFFILIATES.

                              	 	 	10	 
	
                                2.20

                              	
                                INSURANCE.

                              	 	 	10	 
	 	 	 	 	 
	
                                ARTICLE
      3 [INTENTIONALLY  LEFT BLANK]

                              	 	 	11	 
	 	 	 	 	 
	
                                ARTICLE
      4 REPRESENTATIONS AND WARRANTIES OF THE PURCHASER

                              	 	 	11	 
	
                                4.1

                              	
                                CORPORATE
      ORGANIZATION.

                              	 	 	11	 
	
                                4.2

                              	
                                CAPITAL
      STOCK.

                              	 	 	11	 
	
                                4.3

                              	
                                AUTHORIZATION.

                              	 	 	11	 
	
                                4.4

                              	
                                NO
      VIOLATION.

                              	 	 	12	 
	
                                4.5

                              	
                                FINANCIAL
      STATEMENTS.

                              	 	 	12	 

                      

                    

                  

                

              

            

          

        

      

    

     

    
      
         

      

      
        i

        
          

        

      

      
         

      

    

    

    
      
        
          
            
              
                
                  
                    
                      
                        
                          
                            	
                                    4.6

                                  	
                                    BROKERAGE.

                                  	 	 	12	 
	
                                    4.7

                                  	
                                    INVESTMENT
      INTENT.

                                  	 	 	12	 
	
                                    4.8

                                  	
                                    DISCLOSURE.

                                  	 	 	13	 
	 	 	 	 	 
	
                                    ARTICLE
      5 COVENANTS OF THE PURCHASER

                                  	 	 	13	 
	
                                    5.1

                                  	
                                    CONSENTS.

                                  	 	 	13	 
	
                                    5.2

                                  	
                                    BREACH
      OF AGREEMENT.

                                  	 	 	13	 
	
                                    5.3

                                  	
                                    CONFIDENTIALITY.

                                  	 	 	13	 
	 	 	 	 	 
	
                                    ARTICLE
      6 OTHER AGREEMENTS

                                  	 	 	13	 
	
                                    6.1

                                  	
                                    TAX
      RETURNS.

                                  	 	 	13	 
	
                                    6.2

                                  	
                                    AUDITS.

                                  	 	 	13	 
	
                                    6.3

                                  	
                                    EMPLOYMENT
      AGREEMENT.

                                  	 	 	14	 
	
                                    6.4

                                  	
                                    FURTHER
      ASSURANCES.

                                  	 	 	14	 
	
                                    6.5

                                  	
                                    NO
      SOLICITATION OR NEGOTIATION.

                                  	 	 	14	 
	
                                    6.6

                                  	
                                    INDEMNIFICATION
      AND RELEASE FROM AGREEMENTS OF PERSONAL GUARANTY.

                                  	 	 	15	 
	 	 	 	 	 
	
                                    ARTICLE
      7 CONDITIONS TO THE OBLIGATIONS OF THE PURCHASER

                                  	 	 	15	 
	
                                    7.1

                                  	
                                    REPRESENTATIONS
      AND WARRANTIES; PERFORMANCE.

                                  	 	 	15	 
	
                                    7.2

                                  	
                                    CONSENTS
      AND APPROVALS.

                                  	 	 	15	 
	
                                    7.3

                                  	
                                    NO
      MATERIAL ADVERSE CHANGE.

                                  	 	 	15	 
	
                                    7.4

                                  	
                                    NO
      PROCEEDING OR LITIGATION.

                                  	 	 	15	 
	
                                    7.5

                                  	
                                    PROCEEDINGS
      AND DOCUMENTS.

                                  	 	 	16	 
	
                                    7.6

                                  	
                                    SECRETARY’S
      CERTIFICATE.

                                  	 	 	16	 
	
                                    7.7

                                  	
                                    EMPLOYMENT
      AGREEMENT.

                                  	 	 	16	 
	
                                    7.8

                                  	
                                    OTHER
      DOCUMENTS.

                                  	 	 	16	 
	 	 	 	 	 
	
                                    ARTICLE
      8 CONDITIONS TO THE OBLIGATIONS OF THE SELLERS AND THE
      CORPORATION

                                  	 	 	16	 
	
                                    8.1

                                  	
                                    REPRESENTATIONS
      AND WARRANTIES; PERFORMANCE.

                                  	 	 	16	 
	
                                    8.2

                                  	
                                    CONSENTS
      AND APPROVALS.

                                  	 	 	16	 
	
                                    8.3

                                  	
                                    NO
      PROCEEDING OR LITIGATION.

                                  	 	 	17	 
	
                                    8.4

                                  	
                                    FULL
      PAYMENT TO SELLERS.

                                  	 	 	17	 
	
                                    8.5

                                  	
                                    REFINANCING
      OF LINE OF CREDIT DEBT.

                                  	 	 	17	 
	
                                    8.6

                                  	
                                    BONDING.

                                  	 	 	17	 
	
                                    8.7

                                  	
                                    PROCEEDINGS
      AND DOCUMENTS.

                                  	 	 	17	 
	
                                    8.8

                                  	
                                    SECRETARY’S
      CERTIFICATE.

                                  	 	 	17	 
	
                                    8.9

                                  	
                                    CERTIFICATE
      OF GOOD STANDING.

                                  	 	 	17	 
	
                                    8.10

                                  	
                                    EMPLOYMENT
      AGREEMENT.

                                  	 	 	18	 
	
                                    8.11

                                  	
                                    INDEMNIFICATION
      AGREEMENT.

                                  	 	 	18	 
	
                                    8.12

                                  	
                                    LEASE.

                                  	 	 	18	 
	
                                    8.13

                                  	
                                    OTHER
      DOCUMENTS.

                                  	 	 	18	 
	 	 	 	 	 
	
                                    ARTICLE
      9 CLOSING

                                  	 	 	18	 
	
                                    9.1

                                  	
                                    CLOSING.

                                  	 	 	18	 
	
                                    9.2

                                  	
                                    INTERVENING
      LITIGATION.

                                  	 	 	18	 

                          

                        

                      

                    

                  

                

              

            

          

        

      

    

     

    
      
         

      

      
        ii

        
          

        

      

      
         

      

    

    

    
      
        
          
            
              
                
                  
                    
                      	
                              ARTICLE
      10 TERMINATION PRIOR TO CLOSING

                            	 	 	18	 
	
                              10.1

                            	
                              METHODS
      OF TERMINATION.

                            	 	 	18	 
	
                              10.2

                            	
                              TERMINATION
      OF OBLIGATIONS.

                            	 	 	19	 
	 	 	 	 	 
	
                              ARTICLE
      11 INDEMNIFICATION

                            	 	 	19	 
	
                              11.1

                            	
                              THE
      SELLERS’ AGREEMENT TO INDEMNIFY.

                            	 	 	19	 
	
                              11.2

                            	
                              THE
      PURCHASER’S AGREEMENT TO INDEMNIFY.

                            	 	 	20	 
	
                              11.3

                            	
                              LIMITATIONS
      ON INDEMNIFICATION.

                            	 	 	20	 
	
                              11.4

                            	
                              THIRD
      PARTY INDEMNIFICATION.

                            	 	 	21	 
	
                              11.5

                            	
                              SURVIVAL;
      TIME TO ASSERT CLAIMS.

                            	 	 	22	 
	
                              11.6

                            	
                              INDEMNIFICATION;
      SOLE REMEDY.

                            	 	 	22	 
	 	 	 	 	 
	
                              ARTICLE
      12 MISCELLANEOUS PROVISIONS

                            	 	 	22	 
	
                              12.1

                            	
                              AMENDMENT
      AND MODIFICATION.

                            	 	 	22	 
	
                              12.2

                            	
                              ENTIRE
      AGREEMENT.

                            	 	 	22	 
	
                              12.3

                            	
                              CERTAIN
      DEFINITIONS.

                            	 	 	22	 
	
                              12.4

                            	
                              NOTICES.

                            	 	 	25	 
	
                              12.5

                            	
                              ASSIGNMENT.

                            	 	 	26	 
	
                              12.6

                            	
                              GOVERNING
      LAW.

                            	 	 	26	 
	
                              12.7

                            	
                              DISPUTE
      RESOLUTION.

                            	 	 	26	 
	
                              12.8

                            	
                              COUNTERPARTS.

                            	 	 	26	 
	
                              12.9

                            	
                              HEADINGS.

                            	 	 	26	 
	
                              12.10

                            	
                              BINDING
      EFFECT.

                            	 	 	26	 
	
                              12.11

                            	
                              DELAYS
      OR OMISSIONS.

                            	 	 	27	 
	
                              12.12

                            	
                              SEVERABILITY.

                            	 	 	27	 
	
                              12.13

                            	
                              EXPENSES.

                            	 	 	27	 

                    

                  

                

              

            

          

        

      

    

     

    
      
         

      

      
        iii

        
          

        

      

      
         

      

    

    

    STOCK
PURCHASE AGREEMENT

     

    THIS STOCK PURCHASE AGREEMENT
(the “AGREEMENT”), dated December _____, 2009, by and among EGPI FIRECREEK, INC., a Nevada
corporation, located at 6564 North Smoke Tree Lane, Scottsdale Arizona 85253
(the “PURCHASER”), KEVIN J.
FITZGERALD, a Florida resident (“KEVIN”), PAMELA W. FITZGERALD, a
Florida resident (“PAMELA” and together with Kevin, hereinafter sometimes
referred to individually as a “SELLER” and collectively as, the “SELLERS”),
SOUTHWEST SIGNAL, INC.,
a Florida subchapter-S corporation, located at 9204 East Broadway Avenue, Tampa,
Florida, 33619 (the “CORPORATION”), and REDQUARTZ ATLANTA, LLC, a
Georgia limited liability company, located at 3400 Peachtree Road, Atlanta,
Georgia 30326 (“REDQUARTZ”), (the Sellers, the Purchaser, the Corporation and
Redquartz collectively referred to herein as the “PARTIES”).

     

    RECITALS

     

    WHEREAS, the Sellers own all
of the issued and outstanding common stock of the Corporation;

     

    WHEREAS, the Sellers desire to
sell all of their interests in the Corporation to the Purchaser and the
Purchaser desires to purchase all of such interests from the
Sellers;

     

    WHEREAS, to induce each other
to enter into this Agreement, the Parties have agreed to execute, deliver and
perform certain obligations under this Agreement and the other related
agreements to which they are parties;

     

    NOW, THEREFORE, in
consideration of the foregoing recitals and the mutual representations,
warranties, covenants and agreements contained herein and for other good and
valuable consideration, the receipt and adequacy of which are hereby
acknowledged, the Parties agree as follows:

     

     

    ARTICLE
1

    PURCHASE
OF STOCK AND PURCHASE PRICE

     

    1.1           PURCHASE AND SALE. Subject to
the terms and conditions of this Agreement, the Sellers agree to sell to the
Purchaser, and the Purchaser agrees to purchase from the Sellers, all of the
issued and outstanding shares of capital stock of the Corporation (the
“SHARES”).

     

    1.2           PURCHASE PRICE.

     

    1.2.1       The
Purchaser agrees to pay to the Sellers aggregate consideration of $3,350,000
(the “PURCHASE PRICE”) by delivery of cash. Part of the Purchase Price amount
will be applied to pay off and extinguish the line of credit debt owed by the
Corporation on the date of closing.

     

    1.2.2       The
Purchaser agrees to pay to Sellers following the Closing an additional amount
equal to the sum of the following:

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (a)           The
Purchaser shall pay, or shall cause the Corporation to pay, the sum of the
following amounts to the Sellers in installments of $24,000 per month on the
first day of each calendar month following the Closing, beginning on January 1,
2010, until paid in full:

     

    (1)        $350,000;
plus

     

    (2)        the
sum of the amounts (i) required to be prepaid by the Corporation on or before
December 15, 2009, and before such amounts were billed to or paid by clients,
(ii) which were not funded by the Corporation’s line of credit or other third
party financing, and (iii) for which the Corporation has not received payment
from its clients, as such prepaid amounts are identified on SCHEDULE 1.2.2(a)(2)
attached hereto; plus

     

    (3)        the
sum of all amounts (i) required to be prepaid by the Corporation during the
period beginning on December 16, 2009 and ending on the Closing Date, and before
such amounts are billed to or paid by clients, (ii) not funded by the
Corporation’s line of credit or other third party financing, and (iii) for which
the Corporation has not received payment from its clients.

     

    (b)           The
Purchaser shall pay, or shall cause the Corporation to pay, the amount,
immediately before Closing, of the outstanding balance of the Corporation’s line
of credit debt provided by The
Bank of Tampa as soon as possible following the Closing Date as and to
the extent the Corporation receives such amounts from the collection of its
accounts receivable.

     

    1.3           DEPOSIT. Upon the execution of
this Agreement, the Purchaser shall pay Sellers a deposit in the amount of
$1,000,000 (the “DEPOSIT”) to be applied against the Purchase Price at
Closing.  The Sellers agree to immediately contribute such amounts to
the Corporation, and the Corporation agrees to apply the entire amount in
payment of the Corporation’s outstanding line of credit debt owed to The Bank of
Tampa.

     

    The
Sellers agree that the Deposit shall be repaid to the Purchaser within thirty
(30) days following the termination of this Agreement before Closing under any
of the provisions set forth in Section 10.1 of this Agreement, and Sellers’
obligation to repay the Deposit in such event shall be secured by an irrevocable
letter of credit in the amount of $1,000,000 issued by The Bank of Tampa in favor of
the Purchaser (or other third party agreed upon by the Purchaser and the
Sellers) in the form attached as Exhibit 1.3 hereto (the “LETTER OF
CREDIT”).  The Deposit shall be deemed to have been repaid to the
Purchaser, and not applied against the Purchase Price, to the extent of any
draws made upon the Letter of Credit before Closing.

     

    1.4           TRUCK RETAINED BY
SELLERS.   The parties agree and acknowledge that the
Corporation shall transfer title and ownership to that certain Ford F250 truck,
VIN 1FTSW21RS8EB36803, to the Sellers before Closing.

    
      
         

      

      
        2

        
          

        

      

      
         

      

    

    1.5           EMPLOYEE BONUS
POOL.  A pool of shares of the Purchaser’s common stock
(500,000 shares) shall be made available for distribution to employees of the
Corporation at the first anniversary of the Closing in an incentive stock option
plan for the benefit of certain employees of the Companies designated by the
Sellers, with an exercise price not to exceed one hundred and ten percent market
price on date of issuance.

     

    1.6           PAYMENT OF CORPORATION OBLIGATIONS
PERSONALLY GUARANTEED BY SELLERS.  The Purchaser agrees and
acknowledges that one or more of Sellers have provided personal guaranties for
the Corporation’s payment of various obligations incurred in connection with the
Corporation’s business that will remain outstanding following the Closing,
including but not limited to Guarantees of third-party loans, Guarantees of
purchase orders, Guarantees of corporate card obligations and Guarantees
provided in order for the Corporation to obtain third party bonding for
projects.  The Purchaser agrees to cause all of such amounts to be
paid by the Corporation as they become due, including providing the Corporation
with the funds necessary to pay such obligations, as necessary, and providing
Kevin Fitzgerald with the full authority to use the Corporation’s funds to pay
such obligations on a timely basis.  The Purchaser further agrees that
it will fully indemnify the Sellers for any amounts the Sellers are required to
pay pursuant to such Guarantees, and that it will offer to replace the Sellers’
personal Guarantees with its corporate guaranty, or otherwise take any action
required to remove each of the Guarantees, as soon as possible following the
Closing.

     

    1.7           LEASE OF OFFICE SPACE AND
FACILITY.  The Purchaser agrees to cause the Corporation to
lease, through a triple net lease, the office space/facility located at 9204
East Broadway Avenue, Tampa, Florida, currently owned by DRF Properties, LLC,
for a period of Sixty (60) months from the date of Closing at a monthly rate of
Nineteen Thousand US Dollars ($19,000.00) in the form of EXHIBIT A hereto (the
“LEASE”). The full payment of the entire rent amounts for the Sixty months
period of the Lease will be personally guaranteed by the Purchaser and
Redquartz.

     

    ARTICLE
2

    REPRESENTATIONS
AND WARRANTIES OF THE SELLERS

    AND
THE CORPORATION

     

    The
Sellers and the Corporation, to the best of their knowledge, hereby represent
and warrant to the Purchaser as of the date hereof and in all material respects
as of the Closing Date that:

     

    2.1           CORPORATE
ORGANIZATION.  The Corporation is a corporation duly organized,
validly existing and in good standing under the laws of Florida with full
corporate power and authority to carry on its business as it is now being
conducted and proposed to be conducted, and to own, operate and lease its
properties and assets. The Corporation is duly qualified or licensed to do
business in good standing in each of the jurisdictions listed on SCHEDULE 2.1
hereto.

     

    2.2           SUBSIDIARIES AND
AFFILIATES.  Other than as set forth on SCHEDULE 2.2, the
Corporation has no Subsidiaries.

    
      
         

      

      
        3

        
          

        

      

      
         

      

    

    2.3           CAPITAL STOCK.  The
entire authorized capital stock of the Corporation consists of One Hundred (100)
shares of common stock with $1.00 par value per share, of which One Hundred
(100) shares are issued and outstanding, and all of which are owned by the
Sellers. All issued and outstanding shares having been validly issued and are
fully paid and non-assessable, with no personal liability or preemptive rights
attaching to the ownership thereof. Except as set forth on SCHEDULE 2.3, no
instruments or securities of any kind exist which are convertible into
additional shares of the capital stock of the Corporation, nor do any
outstanding options, warrants, rights, calls, commitments, plans, or other
arrangements or agreements of any character exist providing for the purchase or
issuance of any additional shares of the Corporation.

     

    2.4           CORPORATE
RECORDS.  The minutes of the directors and shareholders of the
Corporation made available to the Purchaser are correct in all material
respects.

     

    2.5           AUTHORIZATION.  The
Sellers have full power and authority to enter into this Agreement and the
agreements contemplated hereby and to deliver the Shares and the certificates
evidencing such Shares to the Purchaser as provided for herein, free and clear
of all Liens. The execution, delivery and performance of this agreement and all
other agreements and transactions contemplated hereby have been duly authorized
by the directors and shareholders of the Corporation and no other corporate
proceedings on its part are necessary to authorize this Agreement and the
transactions contemplated hereby.

     

    2.6           NO VIOLATION.  Other
than as set forth in SCHEDULE 2.6, the execution and delivery by the Sellers and
the Corporation of this Agreement, and all other agreements contemplated hereby,
and the fulfillment of and compliance with the respective terms hereof and
thereof by the Sellers and the Corporation do not and will not (a) conflict with
or result in a material breach of the material terms, conditions or provisions
of or constitute a material default or event of default under (with due notice,
lapse of time or both) of any material contract to which either the Corporation
or the Sellers is a party; (b) or result in the creation of any Lien upon any of
the Sellers’ assets or the Corporation’s capital stock or assets; (c) give any
third party the right to accelerate any material obligations of either the
Sellers or the Corporation; (d) result in a violation of or require any
authorization, consent, approval, exemption or other action by or notice to any
court or Authority pursuant to, the charter or bylaws of the Corporation, or any
Regulation, Order or Contract to which the Sellers, the Corporation or their
respective properties are subject, except where such breach, default, Lien,
acceleration, violation or required action would not have a Material Adverse
Effect. The Sellers will materially comply with all applicable Regulations and
Orders in connection with the execution, delivery and performance of this
Agreement and the transactions contemplated hereby.

     

    2.7           FINANCIAL
STATEMENTS.  Audited year-end balance sheets and statements of
operations of the Corporation as of December 31, 2008 and unaudited balance
sheets for the period commencing January 1, 2009 and ending September 30, 2009
(the “FINANCIAL STATEMENT DATE”) and unaudited statements of operations for the
nine (9) month period then ended (collectively, the “FINANCIAL STATEMENTS”) have
been delivered to the Purchaser, and are attached to SCHEDULE 2.7. Except as set
forth on SCHEDULE 2.7 or in the notes or Schedules to the Financial Statements,
such balance sheets and the notes thereto fairly present, in all material
respects, the financial position of the Corporation as at the respective dates
thereof, and such Financial Statements (a) fairly present, in all material
respects, the results of operations for the periods therein referred to, and
Sellers are not aware of any material modifications that should be made to the
Financial Statements in order for such statements to be in conformity with GAAP
(except as stated therein or in the notes thereto) applied on a consistent
basis; (b) fairly present, in all material respects, the financial condition of
the Corporation at the respective date of, and for the period covered by such
statements; and (c) are in accordance, in all material respects, with the
required or permitted statutory accounting requirements or practices applied on
in accordance with the accounting policies historically followed by the
Corporation under the laws of the State of Florida. Since the Financial
Statement Date, no change has occurred in the condition of the Corporation as
shown in the Financial Statements which has or could reasonably be expected to
have a Material Adverse Effect.

     

    
      
         

      

      
        4

        
          

        

      

      
         

      

    

    2.8           EMPLOYEES.  SCHEDULE
2.8 lists all employees of the Corporation whose annual base salary exceeds
$100,000 per year. The Corporation has been for the past four (4) years, and
currently is, in material compliance with all Federal, State and local
Regulations or Orders affecting employment and employment practices of such
Corporation (including those Regulations promulgated by the Equal Employment
Opportunity Commission), including terms and conditions of employment and wages
and hours. At the Closing, the Corporation will have no obligation to make any
payment to any of past or present employees, officers or directors or
independent contractors except as to those individuals described in SCHEDULE
2.8, other than compensation paid in the ordinary course of
business.

     

    2.9           ABSENCE OF CERTAIN
CHANGES.  Since the Financial Statement Date, there has not
been (a) any Material Adverse Change; (b) any damage, destruction or loss,
whether covered by insurance or not, having a Material Adverse Effect, with
regard to the Corporation’s properties and businesses; (c) any declaration,
setting aside or payment of any dividend or distribution (whether in cash, stock
or property) in respect of the Corporation’s capital stock, or any redemption or
other acquisition of such stock by the Corporation; (d) any material increase in
the compensation payable to or to become payable by the Corporation to its
officers or employees or any adoption of or increase in any bonus, insurance,
pension or other employee benefit plan, payment or arrangement made to, for or
with any such officers or employees or any Affiliate of the Corporation; (e) any
entry into any material Contract not in the ordinary course of business,
including without limitation any borrowing or capital expenditure; or (f) any
change by the Corporation in accounting methods or principles, except as listed
in SCHEDULE 2.9.

     

    2.10         CONTRACTS.

     

    2.10.1    
Except as expressly contemplated by this Agreement or as set forth on SCHEDULES
2.10.1 (a)-(n) hereto, as of the Closing Date, the Corporation is not a party to
any written or oral:

     

    (a)           pension,
profit sharing, stock options, employee stock purchase or other plan providing
for deferred or other compensation to employees or any other employee benefit
plan, or any Contract with any labor union, except as listed in SCHEDULE 2.10.1
(a);

    
      
         

      

      
        5

        
          

        

      

      
         

      

    

    (b)          Contract
for the employment of any officer, individual employee or other person on a
full-time, part-time, consulting or other basis or Contract relating to loans to
officers, directors or Affiliates;

     

    (c)          Contract
relating to the borrowing of money or the mortgaging, pledging or otherwise
placing a Lien on any asset owned by the Corporation;

     

    (d)          Guarantee
of any obligation;

     

    (e)          Contract
under which the Corporation has advanced or loaned any Person
money;

     

    (f)           Contract
under which the Corporation is lessee of or holds or operates any property, real
or personal, owned by any other party, other than equipment leases entered into
in the ordinary course of business;

     

    (g)          Contract
under which the Corporation is lessor of or permits any third party to hold or
operate any property, real or personal, owned or controlled by the
Corporation;

     

    (h)          Contract
or group of related Contracts with the same party or group of affiliated parties
the performance of which involves a consideration in excess of $50,000 in the
aggregate, excluding any purchase orders in the ordinary course of
business;

     

    (i)           assignment,
license, indemnification or Contract with respect to any intangible property
(including, without limitation, any Proprietary Rights), other than software
licenses in the ordinary course of business;

     

    (j)           Contract
under which it has granted any Person any registration rights (including
piggyback rights) with respect to any securities;

     

    (k)          Contract
prohibiting it from freely engaging in any business or competing anywhere in the
present geographic location;

     

    (l)           Contract
for the purchase, acquisition or supply of property and assets, whether for
resale or otherwise, other than purchase orders or value-added reseller
agreements entered into in the ordinary course of business;

     

    (m)         Contracts
providing for “take or pay” or similar unconditional purchase or payment
obligations; or

     

    (n)          any
other contract which is material to its operations and business prospects or
involves a consideration in excess of $50,000 annually, excluding any purchase
orders in the ordinary course of business.

    
      
         

      

      
        6

        
          

        

      

      
         

      

    

    2.10.2     The
Corporation has performed in all material respects all material obligations
required to be performed by it and is not in default in any material respect
under or in material breach of nor in receipt of any claim of material default
or breach under any Contract to which the Corporation is subject; no event has
occurred which with the passage of time or the giving of notice or both would
result in a material default, breach or event of noncompliance under any
Contract to which the Corporation is subject; the Corporation has no present
expectation or intention of not fully performing all of its material contractual
obligations; and the Corporation has no knowledge of any material breach or
anticipated breach by the other parties to any Contract to which it is a
party.

     

    2.11         BROKERAGE.  No
broker, agent or finder has rendered services to the Sellers or the Corporation
in connection with the transactions contemplated under this
Agreement.

     

    2.12         TITLE AND RELATED
MATTERS.  Except as set forth in SCHEDULE 2.12 hereto, the
Corporation has good and marketable title to all of the properties and assets
reflected in the Financial Statements (except for properties and assets sold
since the Financial Statement Date in the ordinary course of business), free and
clear of all Liens, except (a) statutory Liens not yet delinquent; (b) such
imperfections or irregularities of title, Liens, easements, charges or
encumbrances as do not detract from or interfere with the present use of the
properties or assets subject thereto or affected thereby, otherwise impair
present business operations at such properties; or do not detract from the value
of such properties and assets, taken as a whole; or (c) Liens reflected in the
Financial Statements or the notes thereto.

     

    2.13         LITIGATION.  There
is no Claim pending or threatened against the Corporation which, if adversely
determined, would have a Material Adverse Effect, nor is there any Order
outstanding against the Corporation which has, or could reasonably be expected
to have, a Material Adverse Effect, except as listed in SCHEDULE 2.13. Kevin
Fitzgerald will be responsible for the Corporation’s current lawsuit of World Fiber Technologies vs.
Southwest Signal, Inc. (the “World Fiber Lawsuit”).  Mr.
Fitzgerald will undertake the defense of the World Fiber Lawsuit by legal
counsel chosen by Mr. Fitzgerald, he will have the authority to make all
decisions with respect to the World Fiber Lawsuit, including the making of all
counterclaims with respect to the World Fiber Lawsuit, and he will bear the
expenses and the risk, and he will be entitled to any damages or settlement
amounts payable by the other party, in connection with the World Fiber
Lawsuit.  The Corporation will make available to Mr. Fitzgerald and
his representatives all records and other materials required by them and in
possession or under control of the Corporation, for the use of Mr. Fitzgerald
and his representatives in defending or making counterclaims in the World Fiber
Lawsuit, and shall in other respects give reasonable cooperation in such
defense.

    
      
         

      

      
        7

        
          

        

      

      
         

      

    

    2.14         TAX MATTERS.

     

    2.14.1    The
Corporation has filed all federal, tax reports, returns, information returns and
other documents that the Corporation reasonably believed were required to be
filed and has filed state and local tax reports, returns, information returns in
the jurisdictions listed on SCHEDULE 2.14.1 (collectively the “TAX RETURNS”)
that the Corporation reasonably believed were required to be filed and has duly
paid or accrued on the Financial Statements all relevant taxes, including
without limitation income, premium, gross receipts, net proceeds, alternative or
add-on minimum, ad valorem, value added, turnover, sales, use, property,
personal property (tangible and intangible), stamp, leasing, lease, user,
excise, duty, franchise, transfer, license, withholding, payroll, employment,
fuel, excess profits, occupational and interest equalization, windfall profits,
severance and other charges (including interest and penalties) (collectively,
the “TAXES”) due, claimed to be due or which the Corporation reasonably believes
may be due by federal, state, or local authorities (collectively, the “TAXING
AUTHORITIES”). All Taxes which the Corporation reasonably believed are required
or anticipated to be paid for all periods prior to and including the Closing
Date have been paid or fully reserved against in accordance with the
Corporation’s method of accounting, except as provided in SCHEDULE 2.14.1(a)
hereto. All Taxes which the Corporation reasonably believed are required to be
withheld or collected by the Corporation have been duly withheld or collected
and, to the extent reasonably believed required, have been paid to the proper
Taxing Authority or properly segregated or deposited as required by applicable
laws. There are no Liens for Taxes upon any property or assets of the
Corporation except for liens for Taxes not yet due and payable. The Corporation
has not executed a waiver of the statute of limitations on the right of the
Internal Revenue Service or any other Taxing Authority to assess additional
Taxes or to contest the income or loss with respect to any Tax Return. The basis
of any depreciable assets, and the methods used in determining allowable
depreciation (including cost recovery), of the Corporation is reasonable and is
not in material violation of the Internal Revenue Code of 1986, as amended, and
the regulations thereunder (the “CODE”).

     

    2.14.2    No
issues have been raised that are currently pending by any Taxing Authority in
connection with any Tax Returns. No material issues have been raised in any
examination by any Taxing Authority with respect to the Corporation which, by
application of similar principles, reasonably could be expected to result in a
proposed deficiency for any other period not so examined. There are no
unresolved issues or unpaid deficiencies relating to such
examinations.

     

    2.14.3    The
Corporation is not subject to any joint venture, partnership or other
arrangement or Contract which is treated as a partnership for federal income tax
purposes. The Corporation is not a party to any tax sharing
agreement.

     

    2.14.4    The
Corporation is not a “consenting corporation” within the meaning of Section
341(f)(1) of the Code, or comparable provisions of any state statutes, and none
of the assets of the Corporation is subject to an election under Section 341(f)
of the Code or comparable provisions of any state statutes.

     

    2.14.5    The
Corporation is not and will not be required to recognize after the Closing Date
any taxable income in respect of accounting method adjustments required to be
made under the Tax Reform Act of 1986 or the Revenue Act of 1987.

     

    2.14.6    None
of the assets of the Corporation constitutes tax-exempt bond financed property
or tax-exempt use property within the meaning of Section 168 of the Code, and
none of the assets of the Corporation are subject to a lease, safe harbor lease
or other arrangement as a result of which the Corporation is not treated as the
owner for federal income tax purposes.

    
      
         

      

      
        8

        
          

        

      

      
         

      

    

    2.14.7    The
Corporation has not made or become obligated to make, and will as a result of
any event connected with the Closing become obligated to make, any “excess
parachute payment” as defined in Section 280G of the Code (without regard to
subsection (b)(4) thereof).

     

    2.14.8    Tax
Sharing Agreements. The Corporation is not a party to any Tax Sharing
Agreement.

     

    2.14.9    Returns
and Reports. The Corporation shall file all Tax Returns and reports with respect
to Taxes which are required to be filed on or before the Closing Date for Tax
periods ending on or before the Closing Date (a “PRE-CLOSING TAX RETURN”) and
shall pay all amounts shown to be due on such Pre-Closing Tax Returns to the
appropriate taxing authority.

     

    2.14.10  Tax Books
and Records. The Purchaser and the Sellers shall furnish or cause to be
furnished to each other, upon request, as promptly as practicable, such
information (including access of books and records) and assistance relating to
the Corporation as is reasonably necessary for the filing of any return or
report, for the preparation for any audit, and for the prosecution or defense of
any claim relating to any proposed adjustment or refund Claim.

     

    2.15         COMPLIANCE WITH LAW AND APPLICABLE
GOVERNMENT.  The Corporation is presently in material
compliance in respect of its operations, practices, real property, plants,
structures, and other property, and all other aspects of its business, with all
applicable and material Regulations and Orders, including, but not limited to,
all material Regulations relating to the safe conduct of business, environmental
protection, quality and labeling, antitrust, Taxes, consumer protection, equal
opportunity, discrimination, health, sanitation, fire, zoning, building and
occupational safety except where such failure or failures would not be
reasonably likely, individually or in the aggregate, to have a Material Adverse
Effect. There are no Claims pending or threatened against the Corporation, nor
has the Corporation received any written notice, regarding any violations of any
Regulations and Orders enforced by any Authority claiming jurisdiction over the
Corporation including any requirement of OSHA or any pollution and environmental
control agency (including air and water).

     

    2.16         ERISA AND RELATED
MATTERS.  Except as set forth on SCHEDULE 2.16 hereto, the
Corporation is not a party to or participates in or have any liability or
contingent liability with respect to:

     

    2.16.1    any
“employee welfare benefit plan,” “employee pension benefit plan” or
“multiemployer plan” (as those terms are respectively defined in Sections 3(1),
3(2) and 3(37) of the Employee Retirement Income Security Act of 1974, as
amended (“ERISA”));

     

    2.16.2    any
retirement or deferred compensation plan, incentive compensation plan, stock
plan, unemployment compensation plan, vacation pay, severance pay, bonus or
benefit arrangement, insurance or hospitalization program or any other fringe
benefit arrangements (referred to collectively hereinafter as “fringe benefit
arrangements”) for any employee, director, consultant or agent, whether pursuant
to contract, arrangement, custom or informal understanding, which does not
constitute an “employee benefit plan” (as defined in Section 3(3) of ERISA);
or

     

    
      
         

      

      
        9

        
          

        

      

      
         

      

    

    2.16.3    any
employment agreement not terminable on thirty (30) days’ or less written notice,
without further liability.

     

    2.17         BANKS, BROKERS AND
PROXIES.  SCHEDULE 2.17 hereto sets forth (a) the name of each
bank, trust company, securities or other broker or other financial institution
with which the Corporation has an account, credit line or safe deposit box or
vault, or otherwise maintains relations; (b) the name of each person authorized
by the Corporation to draw thereon or to have access to any such safe deposit
box or vault; (c) the purpose of each such account, safe deposit box or vault;
and (d) the names of all persons authorized by proxies, powers of attorney or
other instruments to act on behalf of the Corporation in matters concerning its
business or affairs. All such accounts, credit lines, safe deposit boxes and
vaults are maintained by the Corporation for normal business purposes, and no
such proxies, powers of attorney or other like instruments are irrevocable. The
account statements previously provided to the Purchaser are true and complete in
all respects.

     

    2.18         INTELLECTUAL
PROPERTY.

     

    2.18.1    The
Corporation has no trade name, service mark, patent, copyright or trademark
related to its business, except those which are set forth in SCHEDULE 2.18,
which are all those necessary for the operation of its business as currently
conducted.

     

    2.18.2    The
Corporation has the right to use each Proprietary Right listed on SCHEDULE 2.18.
There are no Claims pending, or threatened, against the Corporation that its use
of any of the Proprietary Rights listed on SCHEDULE 2.18 infringes the rights of
any Person.

     

    2.18.3    The
Corporation is not a party in any capacity to any franchise, license or royalty
agreement respecting any Proprietary Right.

     

    2.19         DEALINGS WITH
AFFILIATES.  SCHEDULE 2.19 hereto sets forth a complete list,
including the parties, of all oral or written agreements and arrangements to
which the Corporation is, will be or has been a party, at any time from December
31, 2008 to the Closing Date, and to which any one or more Affiliates is also a
party.

     

    2.20         INSURANCE.  The
Corporation currently has, and through the Closing Date will have, insurance
contracts or policies (the “POLICIES”) in full force and effect which provide
for coverages in connection with the business of the Corporation. SCHEDULE 2.20
hereto sets forth a summary of all insurance contracts or policies that relate
to liability or excess liability insurance (collectively, the “LIABILITY
POLICIES”) and all other Policies, including the name of the insurer, the types,
dates and amounts of coverages and any material coverage exclusions. Except as
set forth in SCHEDULE 2.20 hereto, all of the Policies and Liability Policies
remain in full force and effect. The Corporation has not breached or otherwise
failed to perform, in any material respect, its obligations under any of the
Policies or the Liability Policies nor have the Sellers or the Corporation
received any adverse notice or communication from any of the insurers party to
the Policies or the Liability Policies with respect to any such alleged breach
or failure in connection with any of the Policies or the Liability Policies. All
Policies are valid, outstanding, collectible and enforceable policies; and will
not in any way be affected by, or terminate or lapse by reason of, the execution
and delivery of this Agreement or the consummation of the transactions
contemplated hereby. The Corporation has never been refused any insurance with
respect to the Corporation’s assets or operations, nor has coverage ever been
limited by any insurance carrier to which the Corporation has applied for any
Policy, or with which the Corporation has carried a Policy.

    
      
         

      

      
        10

        
          

        

      

      
         

      

    

     

    ARTICLE
3

    [INTENTIONALLY  LEFT
BLANK]

     

    ARTICLE
4

    REPRESENTATIONS
AND WARRANTIES OF THE PURCHASER

     

    The
Purchaser represents and warrants to the Sellers and the Corporation as follows
as of the date hereof and as of the Closing Date, to the best of its
knowledge:

     

    4.1           CORPORATE
ORGANIZATION.  The Purchaser is a corporation duly organized,
validly existing and in good standing under the laws of its jurisdiction of
incorporation with full corporate power and authority to carry on its business
as it is now being conducted and to own, operate and lease its properties and
assets.

     

    4.2           CAPITAL STOCK.  As
of September 30, 2009, the entire authorized capital stock of the Purchaser
consists of one billion three hundred million (1,300,000,000) shares of Common
Stock with $0.001 par value per share, of which ____________ (_________) shares
were issued and outstanding, twenty million (20,000,000) shares of Series A
Preferred Stock of which none are issued and outstanding, twenty million
(20,000,000) shares of Series B Preferred Stock of which none are issued and
outstanding and twenty million (20,000,000) shares of Series C Preferred Stock,
of which five thousand (5,000) shares are issued and outstanding. Since June 30,
2009 four million seven hundred eighty seven three hundred sixty one shares of
Common Stock have been issued No Series A Preferred Stock, Series B Preferred
Stock or Series C Preferred Stock has been issued. All issued and outstanding
shares of Common Stock, Series A Preferred Stock, Series B Preferred Stock or
Series C Preferred Stock have been validly issued and are fully paid and
non-assessable, with no personal liability or preemptive rights attaching to the
ownership thereof. Except as set forth on SCHEDULE 4.2, no instruments or
securities of any kind exist which are convertible into additional shares of the
capital stock of the Corporation, nor do any outstanding options, warrants,
rights, calls, commitments, plans or other arrangements or agreements of any
character exist providing for the purchase or issuance of any additional shares
of the Corporation.

     

    4.3           AUTHORIZATION.  The
Purchaser has full corporate power and authority to enter into this Agreement
and to carry out the transactions contemplated hereby. The directors of the
Purchaser have duly authorized the execution, delivery and performance of this
Agreement and the transactions contemplated hereby, and no other corporate
proceedings on its part are necessary to authorize this Agreement and the
transactions contemplated hereby. This Agreement constitutes the legal, valid
and binding obligation of the Purchaser enforceable against it in accordance
with its terms.

    
      
         

      

      
        11

        
          

        

      

      
         

      

    

    4.4           NO VIOLATION.  Other
than as set forth in SCHEDULE 4.4, the execution and delivery by the Purchaser
of this Agreement, and all other agreements contemplated hereby, and the
fulfillment of and compliance with the respective terms hereof and thereof by
the Purchaser do not and will not (a) conflict with or result in a breach of the
terms, conditions or provisions of or constitute a default or event of default
under (with due notice, lapse of time or both) of any contract to which the
Purchaser is a party; (b) result in the creation of any Lien upon any of the
Purchaser’s capital stock or assets; (c) give any third party the right to
accelerate any obligations of the Purchaser; or (d) result in a violation of or
require any authorization, consent, approval, exemption or other action by or
notice to any court or Authority pursuant to, the charter or bylaws of the
Purchaser, or any Regulation, Order or Contract to which the Purchaser or its
properties are subject. The Purchaser will comply with all applicable
Regulations and Orders in connection with the execution, delivery and
performance of this Agreement and the transactions contemplated
hereby.

     

    4.5           FINANCIAL
STATEMENTS.

     

    4.5.1       Audited
year-end balance sheets and statements of operations, stockholders equity and
cash flow of the Purchaser as of December 31, 2008 and audited balance sheets
for the period commencing January 1, 2009 and ending September 30, 2009 (the
“PURCHASER FINANCIAL STATEMENT DATE”) and unaudited statements of operations,
stockholders equity and cash flow for the nine (9) month period then ended
(collectively, the PURCHASER FINANCIAL STATEMENTS”) have been delivered to the
Sellers. Such balance sheets and the notes thereto fairly present the financial
position of the Purchaser as at the respective dates thereof, and such
statements of operations, stockholders equity and cash flow and the notes
thereto (a) fairly present the results of operations for the periods therein
referred to, all in accordance with GAAP (except as stated therein or in the
notes thereto) applied on a consistent basis.

     

    4.5.2       Except
as set forth in SCHEDULE 4.5.2 hereto, the Purchaser does not have any
Indebtedness, obligation or liability (whether accrued, absolute, contingent,
unliquidated or otherwise, known to the Purchaser, whether due or to become due)
arising out of transactions entered into or Occurrences that occurred at or
prior to the Closing Date, other than: (a) liabilities set forth in the
Purchaser Financial Statements; and (b) liabilities and obligations which have
arisen after the Purchaser Financial Statement Date in the ordinary course of
business (none of which is a liability resulting from breach of Contract, breach
of warranty, tort, infringement, Claim or lawsuit).

     

    4.6           BROKERAGE.  No
broker, agent or finder has rendered services to the Purchaser in connection
with the transactions contemplated under this Agreement except as listed in
SCHEDULE 4.6.

     

    4.7           INVESTMENT INTENT. The
Purchaser is acquiring the Shares for its own account and not with a view to
their distribution within the meaning of Section 2(11) of the Securities
Act.

    
      
         

      

      
        12

        
          

        

      

      
         

      

    

    
      
        

          4.8           DISCLOSURE. Neither this
Agreement nor any of the exhibits, attachments, written statements, documents,
certificates or other items prepared for or supplied to the Sellers or the
Corporation by or on behalf of the Purchaser with respect to the transactions
contemplated hereby contains any untrue statement of a material fact or omits a
material fact necessary to make each statement contained herein or therein not
misleading. There is no fact which the Purchaser has not disclosed to the Seller
and the Corporation in writing and of which the Purchaser or its officers,
directors or executive employees is aware and which could reasonably be
anticipated to have a Material Adverse Effect.

           

          ARTICLE
5

          COVENANTS
OF THE PURCHASER

           

          The
Purchaser hereby covenants and agrees with the Sellers that:

           

          5.1           CONSENTS. The Purchaser shall
use its best efforts to obtain on or prior to the Closing Date, all consents
necessary to the consummation of the transactions contemplated
hereby.

           

          5.2           BREACH OF AGREEMENT. The
Purchaser shall not take any action which, if taken prior to the Closing Date,
would constitute a breach of this Agreement.

           

          5.3           CONFIDENTIALITY. The Purchaser
shall, and shall cause its principals, officers and other personnel and
authorized representatives to, hold in confidence, and not disclose to any other
party without the Seller’s prior consent, all information received by it from
Kevin, Pamela or the Corporation’s officers, directors, employees, agents,
counsel and auditors in connection with the transactions contemplated hereby
except as may be required by applicable law or as otherwise contemplated
herein.

           

          ARTICLE
6

          OTHER
AGREEMENTS

           

          As a
condition to the Parties’ obligation to consummate the transactions contemplated
hereby:

           

          6.1           TAX RETURNS. The Sellers shall
prepare or cause to be prepared and file or cause to be filed any Tax Returns
for the Corporation for all periods ending on or prior to the Closing Date,
which are filed after the Closing Date. The Purchaser shall prepare or cause to
be prepared and file or cause to be filed any Tax Returns of the Corporation for
tax periods which begin before the Closing Date and end after the Closing
Date.  The Purchasers, the Corporation and the Sellers shall cooperate
fully, as and to the extent reasonably required by any of the other parties in
connection with the filing of Tax Returns pursuant to this Section and any
audit, litigation or other proceeding with respect to Taxes.  Such
cooperation shall include the retention and (upon the other party’s reasonable
request) the provisions of records and information which are reasonably relevant
to any such audit, litigation or other proceeding and making employees available
on a mutually convenient basis to provide additional information and explanation
of any material provided hereunder.

           

          6.2           AUDITS. The Purchaser will
allow the Corporation and its counsel to participate in any audits of the
Purchaser consolidated federal income Tax Returns to the extent that such
returns relate to the Corporation. The Purchaser will not settle any such audit
in a manner which would adversely affect the Corporation after the Closing Date
without the prior written consent of Sellers, which consent shall not
unreasonably be withheld.

          
            
               

            

            
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          6.3           EMPLOYMENT AGREEMENT. Kevin
Fitzgerald (the “OFFICER”) shall at the Closing, execute and deliver the
Employment Agreement in the forms of EXHIBIT B hereto, respectively (the
“EMPLOYMENT AGREEMENT”). The Employment Agreements shall include substantially
the same economic conditions in regard to salary and bonuses as are being earned
currently except for any bonuses paid as a distribution due to tax liabilities
that are incurred because of the S Corporation status of the
Corporation.  The full payment of all compensation payable to the
Officer for the 4-year period of the Employment Agreement will be personally
guaranteed by the Purchaser and Redquartz.  The Officer would agree
not to compete in any of the business lines currently engaged in at the closing
date by the Corporation for a period of three (3) years following the Closing;
provided, however, that the covenant not to compete shall terminate and would be
of no further force or effect upon the occurrence of any of the following events
following Closing:  (a) the Officer’s employment is terminated by
the Corporation or is terminated by the Officer for Good Reason (as such term is
defined in the Employment Agreement) before the end of the 4-year period
beginning at Closing, (b) one or more of Sellers are required to pay any of the
Corporation’s obligations personally guaranteed by one or more Sellers
(including but not limited to any Guarantees provided in connection with any
bonding obtained by the Corporation, Guarantees of third-party loans, Guarantees
of purchase orders, or Guarantees of corporate card obligations), or the
Purchaser otherwise defaults on its obligations set forth in Section 1.6 of this
Agreement, or (c) the Purchaser or the Corporation defaults on the payment
of any amounts due to one or more Sellers or their Affiliates on or following
Closing, including any amounts described in Section 1.2.2 of this Agreement, any
amounts payable under the Lease described in Section 1.7, any amounts payable
under the Employment Agreement described in this Section 6.3, or any amounts
described under the Indemnification Agreement described in Section 6.6 of this
Agreement.

           

          6.4           FURTHER ASSURANCES. Subject to
the terms and conditions of this Agreement, each of the Parties hereto shall use
its best efforts to take, or cause to be taken, all action, and to do, or cause
to be done, all things necessary, proper or advisable under applicable
Regulations to consummate and make effective the transactions contemplated by
this Agreement. If at any time after the Closing Date the Purchaser shall
consider or be advised that any further deeds, assignments or assurances in law
or in any other things are necessary, desirable or proper to vest, perfect or
confirm, of record or otherwise, in the Purchaser, the title to any property or
rights of any of the Corporation acquired or to be acquired by reason of, or as
a result of, the acquisition, the Seller agrees that the Seller and its proper
officers shall execute and deliver all such proper deeds, assignments and
assurances in law and do all things necessary, desirable or proper to vest,
perfect or confirm title to such property or rights in the Corporation and
otherwise to carry out the purpose of this Agreement.

           

          6.5           NO SOLICITATION OR
NEGOTIATION. Unless and until this Agreement is terminated, the Sellers
and the Corporation shall not, and each shall use its best efforts to cause its
directors, officers, employees, representatives, agents, advisors, accountants
and attorneys not to, initiate or solicit, directly or indirectly, any inquiries
or the making of any proposal with respect to, or engage in negotiations
concerning, or provide any confidential information or data to any person with
respect to, or have any discussions with any persons relating to, any
acquisition, business combination or purchase of all or any significant asset
of, or any equity interest in, directly or indirectly, the Corporation, or
otherwise facilitate any effort or attempt to do or seek any of the foregoing,
and shall immediately cease and cause to be terminated any existing activities,
discussions or negotiations with any parties conducted heretofore with respect
to any of the foregoing.

           

          
            
               

            

            
              14

              
                

              

            

            
               

            

          

          6.6           INDEMNIFICATION AND RELEASE FROM
AGREEMENTS OF PERSONAL GUARANTY. At Closing, the Purchaser shall execute
an Indemnification Agreement in the form of EXHIBIT C, pursuant to which the
Purchaser shall indemnify Sellers from all liability in the event any
beneficiaries exercise their rights under the Sellers’ Guarantees. The Purchaser
shall also use its reasonable efforts to obtain the termination of the Sellers’
Guarantees from their respective beneficiaries as soon as possible following the
Closing.

           

          ARTICLE
7

          CONDITIONS
TO THE OBLIGATIONS OF THE PURCHASER

           

          The
Purchaser’s obligation to purchase the Shares and to take any other actions
required to be taken by the Purchaser at the Closing under this Agreement shall
be subject to the satisfaction, on or before the Closing Date, of each of the
following conditions unless waived in writing by the Purchaser:

           

          7.1           REPRESENTATIONS AND WARRANTIES;
PERFORMANCE. The representations and warranties of the Sellers and the
Corporation contained in this Agreement and all information contained in any
exhibit, schedule or attachment hereto or in any writing delivered by, or on
behalf of, the Sellers or the Corporation, shall be true and correct in all
material respects when made and shall be true and correct in all material
respects on the Closing Date as though then made, except as expressly provided
herein. The Sellers and the Corporation shall have performed and complied in all
material respects with all agreements, covenants and conditions required by this
Agreement to be performed and complied with by them prior to the Closing Date.
An officer of the Corporation shall have delivered to the Purchaser a
certificate (which shall be addressed to the Purchaser), dated the Closing Date,
in the form of EXHIBIT D hereto (the “OFFICER’S CERTIFICATE”), certifying to the
foregoing.

           

          7.2           CONSENTS AND APPROVALS. The
Sellers and the Corporation shall have obtained any and all material consents,
approvals, orders, qualifications, licenses, permits or other authorizations,
required by all applicable Regulations, Orders and Contracts of the Corporation
or binding on their respective properties and assets, with respect to the
execution, delivery and performance of the Agreement and the consummation of the
transactions contemplated hereby.

           

          7.3           NO MATERIAL ADVERSE CHANGE.
There shall have been no Material Adverse Change since the date of this
Agreement, which representation shall be attested to in the Corporation’s
Officer’s Certificate.

           

          7.4           NO PROCEEDING OR LITIGATION.
No preliminary or permanent injunction or other Order, decree or ruling issued
by any Authority, or any Regulation promulgated or enacted by any Authority
shall be in effect, which would prevent the consummation of the transactions
contemplated hereby.

           

          
            
               

            

            
              15

              
                

              

            

            
               

            

          

          7.5           PROCEEDINGS AND DOCUMENTS. All
corporate and other proceedings in connection with the transactions contemplated
hereby and all documents and instruments incident to such transactions shall be
reasonably satisfactory in substance and form to the Purchaser and the
Purchaser’s counsel, and the Sellers and the Corporation shall have made
available to the Purchaser for examination the originals or true, complete and
correct copies of all records and documents relating to the business and affairs
of the Corporation which the Purchaser may reasonably request in connection with
said transaction.

           

          7.6           SECRETARY’S CERTIFICATE. The
Purchaser shall have received a certificate, substantially in the form of
EXHIBIT E hereto, of the secretary of the Corporation, as to the charter and
bylaws of the Corporation, the resolutions adopted by the directors and
stockholders of the Corporation in connection with this Agreement and the
incumbency of the Corporation’s officers.

           

          7.7           EMPLOYMENT AGREEMENT. Kevin
Fitzgerald and the Corporation shall have executed and delivered the Employment
Agreement.

           

          7.8           OTHER DOCUMENTS. The Sellers
and the Corporation shall furnish the Purchaser with such other and further
documents and certificates including certificates of the Corporation officers
and others as the Purchaser shall reasonably request to evidence compliance with
the conditions set forth in this Agreement.

           

          ARTICLE
8

          CONDITIONS
TO THE OBLIGATIONS OF THE SELLERS

          AND
THE CORPORATION

           

          Each and
every obligation of the Sellers and the Corporation under this Agreement shall
be subject to the satisfaction, on or before the Closing Date, of each of the
following conditions unless waived in writing by the Sellers and/or the
Corporation, as applicable:

           

          8.1           REPRESENTATIONS AND WARRANTIES;
PERFORMANCE. The representations and warranties of the Purchaser
contained in this Agreement and all information contained in any exhibit,
schedule or attachment hereto shall be true and correct in all material respects
when made and shall be true and correct in all material respects on the Closing
Date as though then made, except as expressly provided herein. The Purchaser
shall have performed and complied in all material respects with all agreements,
covenants and conditions required by this Agreement to be performed and complied
with by it prior to the Closing Date. An officer of the Purchaser shall have
delivered to the Sellers a certificate, dated the Closing Date, in the form of
EXHIBIT F hereto, certifying to the foregoing.

           

          8.2           CONSENTS AND APPROVALS. The
Purchaser shall have obtained any and all material consents, approvals, orders,
qualifications, licenses, permits or other authorizations, required by all
applicable Regulations, Orders and Contracts of the Purchaser or binding on its
properties and assets, with respect to the execution, delivery and performance
of the Agreement and the consummation of the transactions contemplated
hereby.

          
            
               

            

            
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          8.3           NO PROCEEDING OR LITIGATION.
No preliminary or permanent injunction or other Order, decree or ruling issued
by any Authority, or any Regulation promulgated or enacted by any Authority
shall be in effect, which would prevent the consummation of the transactions
contemplated hereby.

           

          8.4           FULL PAYMENT TO
SELLERS.  Purchaser shall have obtained sufficient capital and
third-party financing to allow Purchaser, to pay all amounts payable under this
Agreement to Sellers in full when due, including but not limited to the payment
of the purchase price described in Section 1.2.1 of this Agreement to Sellers in
full at the Closing, and the payment in full to Sellers when due of all amounts
payable under Section 1.2.2 of this Agreement, Section 1.6 of this Agreement,
the Lease described in Section 1.7 of this Agreement, the Employment Agreement
described in Section 6.3 of this Agreement and the Indemnification Agreement
described in Section 6.6 of this Agreement.

           

          8.5           REFINANCING OF LINE OF CREDIT
DEBT.   At the Closing, Purchaser shall provide such
guaranties and take all other action, and shall cause the Corporation to take
all action, necessary for the Corporation to obtain (without the personal
guaranties of Sellers) line of credit financing as of the date of Closing in
such amounts (but not less than $1,500,000.00) and on such terms sufficient to
allow the Corporation to terminate all line of credit loans currently provided
by The Bank of Tampa and to continue to conduct its operations in the ordinary
course of business following the closing.

           

          8.6           BONDING.   At
the Closing, Purchaser shall have obtained sufficient capital and third-party
financing and shall take all other action, and shall cause the Corporation to
take all action, necessary for the Corporation to obtain (without the personal
guaranties of Sellers) as of the date of closing and continuing thereafter all
third party bonding of the type, in such amounts and at such times necessary for
the Corporation to bid for, obtain and complete projects in the ordinary course
of its business.

           

          8.7           PROCEEDINGS AND DOCUMENTS. All
corporate and other proceedings in connection with the transactions contemplated
hereby and all documents and instruments incident to such transactions shall be
reasonably satisfactory in substance and form to the Sellers and the Corporation
and their counsel, and the Purchaser shall have made available to the Sellers
and the Corporation for examination the originals or true, complete and correct
copies of all records and documents relating to the business and affairs of the
Purchaser which the Sellers and the Corporation may reasonably request in
connection with said transaction.

           

          8.8           SECRETARY’S CERTIFICATE. The
Sellers and the Corporation shall have received a certificate, substantially in
the form of EXHIBIT G hereto, of the secretary of the Purchaser, as to the
charter and bylaws of the Purchaser, the resolutions adopted by the directors
and stockholders of the Purchaser in connection with this Agreement and the
incumbency of the Purchaser’s officers.

           

          8.9           CERTIFICATE OF GOOD STANDING.
At the Closing, the Purchaser shall have delivered to the Sellers and the
Corporation a certificate issued by Nevada Secretary of State evidencing the
good standing, with respect to both the conduct of business and the payment of
all franchise taxes, of the Purchaser as of a date not more than thirty (30)
days prior to the Closing Date.

          
            
               

            

            
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          8.10       EMPLOYMENT AGREEMENT. Kevin
Fitzgerald and the Corporation, the Purchaser and all guarantors shall have
executed and delivered the Employment Agreement.

           

          8.11       INDEMNIFICATION AGREEMENT. The
Purchaser shall have executed and delivered the Indemnification
Agreement.

           

          8.12       LEASE.   DRF
Properties, LLC and the Corporation, the Purchaser and all guarantors shall have
executed and delivered the Lease.

           

          8.13      OTHER
DOCUMENTS.  The Purchaser shall furnish the Sellers and the
Corporation with such other and further documents and certificates including
certificates of the Purchaser’s officers and others as Sellers and the
Corporation shall reasonably request to evidence compliance with the conditions
set forth in this Agreement.

           

          ARTICLE
9

          CLOSING

           

          9.1        CLOSING. Unless this Agreement
shall have been terminated or abandoned pursuant to the provisions of ARTICLE
10, a closing of the transactions contemplated by this Agreement (the “CLOSING”)
shall be held as of the 31st day of
December, 2009, or on such other mutually agreed to date (the “CLOSING
DATE”).

           

          9.2        INTERVENING LITIGATION. If,
prior to the Closing Date, any preliminary or permanent injunction or other
Order issued by a court of competent jurisdiction or by any other Authority
shall restrain or prohibit this Agreement or the consummation of the
transactions contemplated herein for a period of fifteen (15) days or longer,
the Closing shall be adjourned at the option of either party for a period of
thirty (30) days. If at the end of such thirty-day period such injunction or
Order shall not have been favorably resolved, either party may, by written
notice thereof to the other, terminate this Agreement, without liability or
further obligation hereunder.

           

          ARTICLE
10

          TERMINATION
PRIOR TO CLOSING

           

          10.1       METHODS OF TERMINATION. This
Agreement may be terminated and the transactions herein contemplated may be
abandoned at any time:

           

          10.1.1  By mutual consent
of the Purchaser and Sellers;

           

          10.1.2  By the Sellers in
writing, without liability, if the Purchaser shall (a) fail to perform in any
material respect its agreements contained herein required to be performed by it
on or prior to the Closing Date; or (b) materially breach any of its
representations, warranties or covenants contained herein, which failure or
breach is not cured within ten (10) days after the Sellers have notified the
Purchaser of their intent to terminate this Agreement pursuant to this Section
10.1.2;

           

          10.1.3  By the Purchaser
in writing, without liability, if either the Corporation or the Sellers shall
(a) fail to perform in any material respect their agreements contained herein
required to be performed by them on or prior to the Closing Date; or (b)
materially breach any of their representations, warranties or covenants
contained herein, which failure or breach is not cured within ten (10) days
after the Purchaser has notified the Sellers of its intent to terminate this
Agreement pursuant to this Section 10.1.3;

           

          
            
               

            

            
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          10.1.4  By either the
Sellers or the Purchaser in writing, without liability, if there shall be any
order, writ, injunction or decree of any court or governmental or regulatory
agency binding on the Purchaser, the Sellers or the Corporation, which prohibits
or restrains the Purchaser, the Sellers or the Corporation from consummating the
transactions contemplated hereby, provided that the Purchaser, the Sellers and
the Corporation shall have used their reasonable, good faith efforts to have any
such order, writ, injunction or decree lifted and the same shall not have been
lifted within (thirty) 30 days after entry, by any such court or governmental or
regulatory agency;

           

          10.1.5  By the Sellers in
writing, without liability, in the event the Letter of Credit is drawn upon, in
whole or in part, before the occurrence of either (a) the termination of this
Agreement under Sections 10.1.1, 10.1.2, 10.1.3, 10.1.4 or 10.1.6 hereof, or (b)
the Closing; or

           

          10.1.6  By either the
Sellers or the Purchaser, in writing, without liability, if for any reason the
Closing has not occurred by January 15, 2009 other than as a result of the
material breach of this Agreement by the party attempting to terminate the
Agreement.

           

          10.2        TERMINATION OF OBLIGATIONS.
Termination of this Agreement pursuant to this ARTICLE 10 shall terminate all
obligations of the Parties hereunder, except for the obligations under Sections
10.2 and 12.13 hereof; provided, however, that termination pursuant to Sections
10.1.2, 10.1.3 or 10.1.5 hereof shall not relieve a defaulting or breaching
party from any liability to the other party hereto.

           

          ARTICLE
11

          INDEMNIFICATION

           

          11.1        THE SELLERS’ AGREEMENT TO
INDEMNIFY. Subject to the limitations and other terms and conditions set
forth herein, from and after the Closing, the Sellers shall indemnify and hold
harmless the Purchaser, the Corporation, their Affiliates, any of their
respective successors or assigns and their respective directors, officers or
employees (each a “PURCHASER INDEMNIFIED PARTY”) from and against all liability,
assessments, losses, charges, costs and expenses (including, without limitation,
interest, court costs, reasonable attorneys’ fees and expenses) (collectively
“PURCHASER DAMAGES”) incurred by a Purchaser Indemnified Party as a result of or
arising out of (a) a material breach of any representation or warranty contained
in ARTICLE 2 of this Agreement; or (b) any material breach of or noncompliance
by the Sellers, individually with any covenant or agreement contained in this
Agreement.

           

          
            
               

            

            
              19

              
                

              

            

            
               

            

          

          11.2       THE PURCHASER’S AGREEMENT TO
INDEMNIFY. Subject to the limitations and other terms and conditions set
forth herein, from and after the Closing, the Purchaser shall indemnify and hold
harmless the Sellers and their respective Affiliates, any of their respective
successors or assigns and their respective directors, officers or employees
(each a “SELLER INDEMNIFIED PARTY”) from and against all liability, assessments,
losses, charges, costs and expenses (including, without limitation, interest,
court costs, reasonable attorneys’ fees and expenses) (collectively “SELLER
DAMAGES”) incurred by a Seller Indemnified Party as a result of or arising out
of (a) a material breach of any representation or warranty contained in ARTICLE
4 of this Agreement; (b) any material breach of or noncompliance by the
Purchaser with any covenant or agreement contained in this Agreement; and (c)
any liability of the Corporation. (The Purchaser Indemnified Parties and Seller
Indemnified Parties are sometimes referred to collectively herein as the
“INDEMNIFIED PARTIES.” “PURCHASER DAMAGES” and “SELLER DAMAGES” are sometimes
referred to collectively herein as “DAMAGES.”).

           

          11.3       LIMITATIONS ON
INDEMNIFICATION. The Sellers’ obligation to indemnify Purchaser
Indemnified Parties pursuant to Section 11.1 hereof and the obligations of the
Purchaser to indemnify Seller Indemnified Parties pursuant to Section 11.2 are
subject to the following limitations, as well as the other limitations set forth
in this ARTICLE 11:

           

          11.3.1  No claim for
indemnification shall be made against the Sellers unless the aggregate amount of
Purchaser Damages exceeds $2,500,000 and, in such event, indemnification shall
be made by the Sellers only to the extent that the aggregate amount of Purchaser
Damages exceeds $2,500,000.

           

          11.3.2  In no event (a)
shall the Sellers’ individual aggregate obligation to indemnify Purchaser
Indemnified Parties exceed $1,000,000.00 and (b) shall the Purchaser’s aggregate
obligation to indemnify the Seller Indemnified Parties exceed $1,800,000.00;
provided, however, that the foregoing limitation on the Purchaser’s
indemnification obligation shall not apply to the payment obligations and
guarantees of the Purchaser and Redquartz set forth in Section 1.6 of this
Agreement or in the Indemnification Agreement, the Employment Agreement or the
Lease.

           

          11.3.3  The amount
of any Purchaser Damages or Seller Damages, as the case may be, shall be reduced
by (a) any amount actually received by the Indemnified Parties with respect
thereto under any insurance coverage or from any other party responsible
therefore; and (b) the amount of any Tax benefit actually received by the
Indemnified Parties relating thereto. The Indemnified Parties shall use all
reasonable efforts to collect any amounts available under such insurance
coverage and from such other party alleged to have responsibility. If the
Indemnified Parties receive an amount under insurance coverage or from such
other party with respect to Purchaser Damages or Seller Damages, as the case may
be, at any time subsequent to any indemnification provided pursuant to this
ARTICLE 11, then the Indemnified Party shall promptly reimburse the Indemnifying
Party for any payment made or expense incurred by the Indemnifying Party in
connection with providing such indemnification up to such amount received by the
Indemnified Party.

           

          11.3.4  No party
shall be entitled to seek indemnification to the extent it was aware of the
matter giving rise to such claim prior to Closing.

           

          11.3.5  The Sellers
may, at their option, pay any Purchaser Damages in cash or by transfer of Common
Stock having an aggregate fair market value equal to such Purchaser Damages. For
purposes of this Section 11.3.5, the “fair market value” shall be the Market
Price for such shares on the date of any final judgment is entered or settlement
is reached setting forth the total amount of the Purchaser Damages.

           

          
            
               

            

            
              20

              
                

              

            

            
               

            

          

          11.3.6  Any
indemnification obligations of Sellers hereunder shall be allocated on a
pro-rata basis, based on their respective percentage ownership of the common
stock of the Corporation immediately prior to the Closing, and no Seller shall
be liable for the obligations of any other Seller hereunder.

           

          11.4        THIRD PARTY INDEMNIFICATION.
The obligations of the Sellers, the Purchaser (as applicable, the “INDEMNIFYING
PARTY”) to indemnify Indemnified Parties under Section 11.1 or Section 11.2
hereof, respectively, with respect to Damages resulting from the assertion of
liability by third parties (each, as the case may be, a “CLAIM”), shall be
subject to the following terms and conditions:

           

          11.4.1 Promptly after receipt
by an Indemnified Party of notice by a third party of any complaint or the
commencement of any action or proceeding with respect to which such Indemnified
Party may be entitled to receive payment from the other party for Damages, such
Indemnified Party shall, within ten (10) days, notify the Sellers, the Purchaser
as the appropriate Indemnifying Party, of such complaint or of the commencement
of such action or proceeding; provided, however, that the failure to so notify
the Indemnifying Party shall relieve the Indemnifying Party from liability under
this Agreement with respect to such claim only if, and only to the extent that,
such failure to notify the Indemnifying Party results in the forfeiture by the
Indemnifying Party of material rights and defenses otherwise available to the
Indemnifying Party with respect to such claim. In addition, the Indemnified
Party shall provide to the Indemnifying Party as promptly as practicable
thereafter such information and documentation as may be reasonably requested by
the Indemnifying Party to support and verify the claim asserted, so long as such
disclosure would not violate the attorney-client privilege of the Indemnified
Party. The Indemnifying Party may at its option undertake the defense thereof by
representatives of its own choosing; provided, that any Indemnified Party may,
in any event, at its own expense, monitor and participate in, but not control,
the defense of such claim. If the Indemnifying Party within thirty (30) days
after notice of any such Claim fails to assume the defense of such Claim, the
Indemnified Parties will (upon further notice to the Indemnifying Party) have
the right to undertake the defense, compromise or settlement of such claim on
behalf of and for the account and risk, and at the expense, of the Indemnifying
Party; provided, however, that as long as the Indemnifying Party is reasonably
contesting any claim in good faith, the Indemnified Parties shall not pay or
settle any such claim.

           

          11.4.2 Anything in this
Section 11.4 to the contrary notwithstanding, the Indemnifying Party shall not
enter into any settlement or compromise of any action, suit or proceeding or
consent to the entry of any judgment (a) which does not include as an
unconditional term hereof the delivery by the claimant or plaintiff to the
Indemnified Parties of a written release from all liability in respect of such
action, suit or proceeding; or (b) for other than monetary damages without the
prior written consent of the Indemnifying Party, which consent shall not be
unreasonably withheld or delayed.

           

          
            
               

            

            
              21

              
                

              

            

            
               

            

          

          11.5        SURVIVAL; TIME TO ASSERT
CLAIMS.

           

          11.5.1  The
representations, warranties, covenants and agreements contained herein, except
for covenants and agreements to be performed by the Parties prior to the
Closing, will not be extinguished by the Closing but will survive the Closing,
subject to the limitations set forth in Section 11.5.2 below with respect to the
time periods within which claims for indemnity must be asserted. The covenants
and agreements to be performed by the parties prior to the Closing shall expire
at the Closing.

           

          11.5.2  All claims for
indemnification under this ARTICLE 11 which are not extinguished by the Closing
in accordance with Section 11.5.1 must be asserted no later than one (1) year
after the Closing Date.  Notwithstanding the foregoing, the
obligations of the Purchaser and Redquartz set forth in Sections 1.6, the Lease,
the Employment Agreement and the Indemnification Agreement shall not
expire.

           

          11.6         INDEMNIFICATION; SOLE REMEDY.
The indemnification provisions set forth herein shall constitute the sole remedy
for any breach of this Agreement.

           

          ARTICLE
12

          MISCELLANEOUS
PROVISIONS

           

          12.1        AMENDMENT AND MODIFICATION.
Subject to applicable law, this Agreement may be amended, modified and
supplemented only by written agreement of the parties hereto.

           

          12.2        ENTIRE AGREEMENT. This
Agreement, including the schedules and exhibits hereto and the documents,
certificates and instruments referred to herein, embodies the entire agreement
and understanding of the parties hereto in respect of the transactions
contemplated by this Agreement and supersedes all prior agreements,
representations, warranties, promises, covenants, arrangements, communications
and understandings, oral or written, express or implied, between the parties
with respect to such transactions, including, without limitation, the letter of
intent executed by the parties, dated September 30, 2009. There are no
agreements, representations, warranties, promises, covenants, arrangements or
understandings between the parties with respect to such transactions, other than
those expressly set forth or referred to herein.

           

          12.3        CERTAIN
DEFINITIONS.

           

          “Affiliate”
means, with regard to any Person (a) any Person, directly or indirectly,
controlled by, under common control of, or controlling such Person; (b) any
Person, directly or indirectly, in which such Person holds, of record or
beneficially, five percent or more of the equity or voting securities; (c) any
Person that holds, of record or beneficially, five percent or more of the equity
or voting securities of such Person; (d) any Person that, through Contract,
relationship or otherwise, exerts a substantial influence on the management of
such person’s affairs; (e) any Person that, through Contract, relationship or
otherwise, is influenced substantially in the management of their affairs by
such Person, or (f) any director, officer, partner or individual holding a
similar position in respect of such Person.

           

          
            
               

            

            
              22

              
                

              

            

            
               

            

          

          “Authority”
means any governmental, regulatory or administrative body, agency, arbitrator or
authority, any court or judicial authority, any public, private or industry
regulatory agency, arbitrator authority, whether international, national,
federal, state or local.

           

          “Best of
their knowledge” means, with respect to Sellers or the Corporation, the actual
and specific knowledge, without imputation, of one of the Sellers.

           

          “Claim”
means any action, claim, obligation, liability, expense, lawsuit, demand, suit,
inquiry, hearing, investigation, notice of a violation, litigation, proceeding,
arbitration, or other dispute, whether civil, criminal, administrative or
otherwise, whether pursuant to contractual obligations or
otherwise.

           

          “Common
Stock” means the common stock, $0.001 par value per share, of the
Purchaser.

           

          “Contract”
means any agreement, contract, commitment, instrument or other binding
arrangement or understanding, whether written or oral.

           

          “GAAP”
means United States generally accepted accounting principles.

           

          “Guarantee”
means any guaranty or other contingent liability (other than any endorsement for
collection or deposit in the ordinary course of business), direct or indirect
with respect to any obligations of another Person, through an agreement or
otherwise, including, without limitation, (a) any endorsement or discount with
recourse or undertaking substantially equivalent to or having economic effect
similar to a Guarantee in respect of any such obligations; (b) any Contract (i)
to purchase, or to advance or supply funds for the payment or purchase of, any
such obligations; (ii) to purchase, sell or lease property, products, materials
or supplies, or transportation or services, in respect of enabling such other
Person to pay any such obligation or to assure the owner thereof against loss
regardless of the delivery or nondelivery of the property, products, materials
or supplies or transportation or services; or (iii) to make any loan, advance or
capital contribution to or other investment in, or to otherwise provide funds to
or for, such other Person in respect of enabling such Person to satisfy an
obligation (including any liability for a dividend, stock liquidation payment or
expense) or to assure a minimum equity, working capital or other balance sheet
condition in respect of any such obligation; or (c) any bonding
arrangement.

           

          “Indebtedness”
with respect to any Person means any obligation of such Person for borrowed
money, but in any event shall include (a) any obligation incurred for all or any
part of the purchase price of property or other assets or for the cost of
property or other assets constructed or of improvements thereto, other than
accounts payable included in current liabilities and incurred in respect of
property purchased in the ordinary course of business; (b) the face amount of
all letters of credit issued for the account of such Person and all drafts drawn
thereunder; (c) obligations (whether or not such Person has assumed or become
liable for the payment of such obligation) secured by Liens; (d) capitalized
lease obligations; and (e) all Guarantees of such Person.

           

          
            
               

            

            
              23

              
                

              

            

            
               

            

          

          “Lien”
means any security interest, lien, mortgage, pledge, hypothecation, encumbrance,
Claim, easement, restriction or interest of another Person of any kind or
nature.

           

          “Market
Price” shall be determined on the basis of: (a) the weighted average sale price
of the Common Stock on the principal stock exchange, or the National Association
of Securities Dealers’ Automated Quotation National Market System “NASDAQ/NMS”),
as the case may be, on which such Common Stock is then listed or admitted to
trading; (b) if the Common Stock is not then listed or admitted to trading on
any stock exchange or the NASDAQ/NMS, as the case may be, then the average of
the last reported closing bid and asked prices on such day in the
over-the-counter market, as furnished by the NASDAQ system or the National
Quotation Bureau, Inc.; (c) if neither NASDAQ nor the National Quotation Bureau
is at the time engaged in the business of reporting such prices, then as
furnished by any similar firm then engaged in such business; or (d) if there is
no such firm, as furnished by any member of the National Association of
Securities Dealers (“NASD”) selected by the Purchaser, with the consent of the
Sellers (which consent shall not be unreasonably refused or delayed), and which
is not an affiliate of the Purchaser.

           

          “Material
Adverse Change” means any developments or changes which would have a Material
Adverse Effect.

           

          “Material
Adverse Effect” means any circumstances, state of facts or matters which might
reasonably be expected to have a material adverse effect on the business,
operations, properties, assets, condition (financial or otherwise), results,
plans, strategies or prospects of a Person.

           

          “Occurrence”
means any accident, happening or event which occurs or has occurred at any time
prior to the Closing Date, which results in or could result in a claim against
the Corporation or creates or could create a liability or loss for the
Corporation.

           

          “Order”
means any decree, judgment, award, order, injunction, rule, consent of or by an
Authority.

           

          “Person”
means any corporation, partnership, joint venture, organization, entity,
Authority or natural person.

           

          “Proprietary
Rights” means any patent, patent application, copyright, trademark, trade name,
service mark, service name, trade secret, know-how, confidential information or
other intellectual property or proprietary rights.

           

          “Regulation”
means any law, statute, rule, regulation, ordinance, requirement, announcement
or other binding action of or by an Authority.

           

          “Sellers
Guarantees” are those Guarantees entered into by one or more of Kevin Fitzgerald
and Pamela Fitzgerald prior to Closing.

           

          “Series A
Preferred Stock” is Purchaser’s Series A Preferred Stock, $0.001 par value per
share.

           

          
            
               

            

            
              24

              
                

              

            

            
               

            

          

           

          “Subsidiaries”
means with respect to a Person, any business entity of which more than fifty
percent (50%) of the voting stock or other equity interests is owned or
controlled, directly or indirectly, by such Person.

           

          12.4         NOTICES. Any notice, consent,
approval, request, demand or other communication required or permitted hereunder
must be in writing to be effective and shall be deemed delivered and received
(a) if sent by hand delivery, upon delivery; (b) if sent by registered or
certified mail, return receipt requested, on the date on which such mail is
received as indicated in such return receipt, or returned, if delivery is not
accepted; (c) if delivered by a nationally recognized courier, one business day
after deposit with such courier; and (d) if sent by facsimile or electronic
transmission, in each case upon telephone or further electronic communication
from the recipient acknowledging receipt (whether automatic or manual from
recipient), as applicable, addressed as follows:

           

          
            
              	
                      If
      to Sellers or Corporation:

                    	 	
                      Mr.
      Kevin J. Fitzgerald

                      Southwest
      Signal, Inc.

                      9204
      East Broadway Avenue

                      Tampa,
      FL 33619

                      Facsimile:
      (813) 621-4991

                    
	 
      	 	 
      
	 
      	 	
                      Mrs.
      Pamela W. Fitzgerald

                      Southwest
      Signal, Inc.

                      9204
      East Broadway Avenue

                      Tampa,
      FL 33619

                      Facsimile:
      (813) 621-4991

                    
	 
      	 	 
      
	
                      With
      a Copy to:

                    	 	
                      Michael
      D. Annis, Esquire

                      Foley
      & Lardner LLP

                      100
      North Tampa Street

                      Suite
      2700

                      Tampa,
      FL 33602

                    
	 
      	 	 
      
	
                      If
      to Purchaser:

                    	 	
                      Mr.
      Dennis Alexander

                      EGPI
      Firecreek, Inc.

                      6564
      Smoke Tree Lane

                      Scottsdale,
      AZ 85253

                      Facsimile:
      (480) 443-1403

                    
	 
      	 	 
      
	 
      	 	
                      Mr.
      Robert S. Miller, Jr.

                      EGPI
      Firecreek, Inc.

                      3400
      Peachtree Road NE, Suite 111

                      Atlanta,
      GA 30326

                    
	 
      	 	 
      
	 
      	 	
                      Mr.
      Michael Kocan

                      EGPI
      Firecreek, Inc.

                      3400
      Peachtree Road NE, Suite 111

                      Atlanta,
      GA 30326

                    

            

          

          
            
               

            

            
              25

              
                

              

            

            
               

            

          

          (or to
such other address as any party shall specify by written notice so given). The
evidence of forwarding of the notice provided hereinabove shall be conclusive of
such proper notice and any changes of address must be given in the manner
provided for notice herein.

           

          12.5        ASSIGNMENT. This Agreement and
all of the provisions hereof shall be binding upon and inure to the benefit of
the parties hereto and their respective successors and permitted assigns, but
neither this Agreement nor any of the rights, interests or obligations hereunder
shall be assigned by any of the parties hereto without the prior written consent
of the other parties.

           

          12.6        GOVERNING LAW. This Agreement
shall be governed by and construed in accordance with the internal laws of the
State of Florida, without regard to such state’s principles of conflicts of
laws.

           

          12.7        DISPUTE RESOLUTION. Any action
or proceeding seeking to enforce any provision of, or based on any right arising
out of, this Agreement, whether before or after the Closing, shall be brought in
the courts of the State of Florida, County of Hillsborough, or the United States
District Court for the Middle District of Florida, and each of the parties
consents to the jurisdiction of such courts (and the appropriate appellate
courts) in any such action or proceeding and waives any objection to venue laid
therein. Process in any action or proceeding referred to in the preceding
sentence may be served on any party anywhere in the world. Each party to this
Agreement hereby knowingly, voluntarily and intentionally waives any rights it
may have to a trial by jury in respect of any litigation (whether as a claim,
counter-claim, affirmative defense, or otherwise) in connection with this
Agreement and the transactions contemplated hereby. The prevailing party to any
such litigation shall be entitled to payment of all its reasonable legal fees
and costs by the non-prevailing party. For purposes of the foregoing sentence,
the determination of which party is the “prevailing party” shall be made in
accordance with federal law.

           

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

           

          12.9        HEADINGS. The article and
section headings contained in this Agreement are for reference purposes only and
shall not affect in any way the meaning or interpretation of this
Agreement.

           

          12.10      BINDING EFFECT. This Agreement
shall not be construed so as to confer any right or benefit upon any Person
other than the signatories to this Agreement and each of their respective
successors and permitted assigns.

           

          
            
               

            

            
              26

              
                

              

            

            
               

            

          

          12.11      DELAYS OR OMISSIONS. No delay
or omission to exercise any right, power or remedy accruing to any party hereto,
upon any breach or default of any other party under this Agreement, shall impair
any such right, power or remedy of such party nor shall it be construed to be a
waiver of any such breach or default, or an acquiescence therein, or of or in
any similar breach or default thereafter occurring; nor shall any waiver of any
single breach or default be deemed a waiver of any other breach or default
theretofore or thereafter occurring. Any waiver, permit, consent or approval of
any kind or character on the party of any party hereto of any breach or default
under this Agreement, or any waiver on the part of any party of any provisions
or conditions of this Agreement must be made in writing and shall be effective
only to the extent specifically set forth in such writing. All remedies, either
under this Agreement or by law or otherwise afforded to any party, shall be
cumulative and not alternative.

           

          12.12      SEVERABILITY. Unless otherwise
provided herein, if any provision of this Agreement shall be invalid, illegal or
unenforceable, the validity, legality and enforceability of the remaining
provisions shall not in any way be effected or impaired thereby.

           

          12.13      EXPENSES. Except as otherwise
set forth herein, the Purchaser, the Sellers and Corporation shall each bear its
own expenses, including without limitation, legal fees and expenses, with
respect to this Agreement and the transactions contemplated hereby.

           

          IN WITNESS WHEREOF, the
parties hereto have made and entered into this Agreement the date first
hereinabove set forth.

           

          
            
              	
                      PURCHASER:

                    
	 
      
	
                      EGPI FIRECREEK,
      INC.,

                    
	
                      a
      Nevada corporation

                    
	 
      	 
      
	
                      By:

                    	
                      
                        /s/ Robert Miller

                      

                    
	
                      Name: 

                    	
                      Robert Miller

                    
	
                      Title:

                    	
                      Vice President

                    
	 
      	 
      
	
                      REDQUARTZ:

                    
	 
      
	
                      REDQUARTZ ATLANTA,
      LLC,

                    
	
                      a
      Georgia limited liability company

                    
	 
      	 
      
	
                      By:

                    	
                      /s/ Michael
      Hanlon

                    
	
                      Name:

                    	
                         

                    
	
                      Title:

                    	
                         

                    

            

          

          
            
               

            

            
              27

              
                

              

            

            
               

            

          

          

          
            
              	
                      SELLERS:

                    
	 
      
	
                      
                        /s/
      Kevin J. Fitzgerald  

                      

                    
	
                      KEVIN
      J. FITZGERALD

                    
	 
      
	
                      
                        /s/
      Pamela W. Fitzgerald 

                      

                    
	
                      PAMELA
      W. FITZGERALD

                    
	 
      
	
                      CORPORATION:

                    
	 
      
	
                      SOUTHWEST SIGNAL,
      INC.,

                    
	
                      a
      Florida subchapter-S corporation

                    
	 
      	 
      
	
                      By: 

                    	
                      
                        /s/
      Kevin J. Fitzgerald

                      

                    
	 
      	
                      Kevin
      J. Fitzgerald,

                    
	 
      	
                      President

                    
	 
      	 
      
	
                      By:

                    	
                      
                        /s/
      Pamela W. Fitzgerald

                      

                    
	 
      	
                      Pamela
      W. Fitzgerald,

                    
	 
      	
                      Vice
      President

                    

            

          

          
            
               

            

            
              28

              
                

              

            

            
               

            

          

           

        

      

    

    SCHEDULE
1.2.2(a)(2)

    

    
      
        
          
            	
                    Econolite

                  	 	$	36,374.44	 
	
                    Dura
      Stress

                  	 	 	1,181.98	 
	
                    Temple

                  	 	 	9,706.26	 
	
                    Cemex

                  	 	 	4,368.25	 
	
                    Genpro

                  	 	 	3,242.10	 
	
                    Trenchless
      Supply

                  	 	 	2,332.00	 
	
                    HD
      White Cap Construction

                  	 	 	1,286.35	 
	
                    Total:    

                  	 	$	58,491.38	 

          

        

      

    

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.1

    

    The
Corporation is not qualified or licensed to business in any state other than
Florida.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.2

     

    The
Corporation has no Subsidiaries.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.3

     

    None.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.6

     

    None.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.7

     

    Financial
Statements are attached.  The Financial Statements do not reflect the
contingent liability that may arise from the pending lawsuit of World Fiber Technologies vs.
Southwest Signal, Inc., which will be handled following the Closing as
described in Section 2.13 of this Agreement.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.8

     

    
      
        
          
            
              
                
                  	
                          Employee

                        	 	
                          Annual Base Salary

                        	 
	 
      	 	 	 
	
                          Kevin
      J. Fitzgerald

                        	 	$	100,100.00	 
	 
      	 	 	 	 
	
                          Pamela
      W. Fitzgerald

                        	 	$	100,100.00	 

                

              

            

          

        

      

    

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.9

     

    1.  The
following events have occurred which have adversely affected the Corporation’s
collection of the following substantial accounts receivable:

    

    a.  WDG Construction, Inc.
“WDG”) changed ownership in October 2009 and WDG is delinquent of the payment of
$148,635 owed to the Corporation for services previously provided.

    

    b.  Kearney Development
Company, LLC (“Kearney”) declared bankruptcy in November
2009.  Kearney is delinquent on the payment of $187,577 owed to the
Corporation for services previously provided.

    

    c.  Ripa and Associates is
delinquent on the payment of $30,154 owed to the Corporation for services
previously provided.  Crescent Resources, the owner of Ripa and
Associates, recently filed bankruptcy under Chapter 11.

    

    2.  Title
and ownership of the truck described in Section 1.4 of this Agreement will be
transferred to Sellers before the Closing.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.10.1

     

    (a)  The Corporation
has a 401(k) Plan through John Hancock.  A copy of the plan has been
provided by the Sellers to the Purchaser.

    

    (c)  The Corporation
has outstanding debts, including line of credit debt owed to The Bank of Tampa
and purchase money debt on various vehicles and equipment, as described on the
Financial Statements.

    

    (f)  The Corporation
currently leases the offices and warehouse site from DRF Properties, LLC for
$19,000.00 per month on a triple net basis. There is no written
lease.

    

    (l) – (n)  Copies of
various operating contracts have been previously provided by the Corporation to
the Purchaser.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.12

     

    None.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.13

     

    World
Fiber Technologies vs. Southwest Signal, Inc.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.14.1

     

    The State
of Florida and Hillsborough County, Florida.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.16

     

    The
Corporation has a 401(k) Plan through John Hancock.  A copy of the
plan has been provided by the Sellers to the Purchaser.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.17

    

    
      
        
          
            
              
                	 
      	
                        Financial Institution

                      	
                        Type of Account

                      	
                        Account No.

                      	
                        Signers

                      
	  	 
      	 
      	 
      	 
      
	
                        1.

                      	
                        The
      Bank of Tampa

                      	
                        Operating

                      	
                        11109513

                      	
                        Kevin
      and Pamela Fitzgerald

                      
	 	 	 	 	 
	
                        2.

                      	
                        The
      Bank of Tampa

                      	
                        Payroll

                      	
                        61008958

                      	
                        Kevin
      and Pamela Fitzgerald; Danny Bundy

                      
	 	 	 	 	 
	
                        3.

                      	
                        The
      Bank of Tampa

                      	
                        Petty
      Cash

                      	
                        81004770

                      	
                        Kevin
      and Pamela Fitzgerald; Danny Bundy; Lynn Dubois

                      
	 	 	 	 	 
	
                        4.

                      	
                        Florida
      Shores Bank

                      	
                        Money
      Market

                      	
                        6100001

                      	
                        Kevin
      and Pamela
Fitzgerald

                      

              

            

          

        

      

    

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.18

     

    None.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.19

     

    The
Corporation currently leases the offices and warehouse site from DRF Properties,
LLC for $19,000.00 per month on a triple net basis. There is no written
lease.

    
      
         

      

      
        
        

        
          

        

      

      
         

      

    

    SCHEDULE
2.20

     

    Copies of
the Corporation’s insurance coverage summaries are attached.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00167-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00167-of-00352.parquet"}]]