Document:

Unassociated Document

    MASTER
MANUFACTURING AGREEMENT

    

    THIS MASTER MANUFACTURING AGREEMENT
(this “Agreement”) is made
as of November 11, 2009 by and between Cono Italiano, Inc., a Delaware
corporation located at 10 Main Street, Keyport, New Jersey 07735 (herein
referred to as “Cono”) and Edesia Emprise, LLC, an Indiana limited liability
company located at 384 North Ocean Avenue, Unit 302, Long Branch, New Jersey
07740 (herein referred to as “Edesia”).

    

    WHEREAS, Cono is engaged in
the sale of a food product for quick service restaurants consisting of a cone
shaped pizza dough;

    

    WHEREAS, Edesia desires to
manufacture and deliver the product known as “pizza cone” (herein referred to as
the “Product”) as per the request of Cono, and Cono desires that Edesia so
manufacture the Product under this Master Manufacturing Agreement, throughout
the United States, which manufacture may either be undertaken directly by Edesia
or through one or more subcontractors selected and supervised at the sole
discretion of Edesia, in each case upon the terms and subject to the conditions
of this Agreement.

    

    NOW, THEREFORE, in
consideration of the premises hereby and mutual covenants hereinafter expressed,
the parties agree as follows:

    

    1.           TERM

    

    The term
of this Agreement (the “Term”) shall commence on the signing of this Agreement
and shall continue in force and effect unless terminated as set forth in Section
8 hereof.

    

    2.           THE
PRODUCT

    

    The
Product herein shall be an unfilled pizza cone manufactured in accordance with
the specifications set forth by Cono, provided, however, The cone shall
initially be unfilled, as Edesia does not currently have the capacity to fill
the cones due to the requirements for kosher supervision, but the parties may
agree upon kosher production as and when Edesia obtains such qualified
supervision.

    

    3.           RIGHTS

     

    Cono
hereby grants to Edesia for the Term exclusive rights within the United States
to manufacture the Product for Cono, which shall include the making and
packaging of the “pizza cone” as provided in commercially reasonable
manufacturing specifications to be submitted by Cono to Edesia from time-to-time
pursuant to the terms of the license under which Cono operates its
business.

     

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    
      
        Master
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    4.           RESPONSIBILITIES

    

    Subject
to the terms and conditions of this Agreement, Edesia shall be responsible for
all facets of the manufacture and delivery of the Product, including, without
limitation, the ordering and purchasing of all raw materials required to produce
the Product and the labor and cost of producing the Product and
storage.  Edesia may execute and perform all of its responsibilities
set forth herein directly or through qualified sub-contractors as determined at
the sole discretion of Edesia.

    

    (a) Delivery. Delivery
shall mean delivery of the Product to the shipping dock as Edesia shall specify
at the respective place of manufacture of the Product in the United States and
the loading of the Product onto trucks designated by Cono.

    

    (b) Specifications of the
Product. Edesia shall manufacture the Product in accordance with such
specifications as set forth by Cono (the “Specifications”), to the extent not
inconsistent with applicable law, and shall maintain sufficient capacity to
manufacture sufficient quantities of the Product to meet Cono’s forecasted
demands for each period covered by a three-month forecast. Edesia may not make
any changes to Specifications without the prior written approval from Cono. Cono
may from time to time make reasonable alterations or modifications to the
Specifications by written notice thereof to Edesia, but only to the extent that
such alternations or modifications do not materially disrupt Edesia operations
or result in the incurrence by Edesia of unreasonable costs and expenses in
implementing such alterations and modifications.

    

    (c) To
the extent that Cono requests Edesia to provide any services in addition to
those set forth herein, such as marketing and/or promotion, and Edesia agrees to
provide such services, such services will be provided for an amount which is to
be mutually agreed and negotiated by the parties hereto.  Any
agreement to such effect will be detailed in writing and any charges relating
thereto will be invoiced by Edesia to Cono and will, at Edesia’s election, be
prepaid to Edesia by Cono, or will be payable by way of Edesia deducting these
amounts from any payments or amounts otherwise due to Cono
hereunder.

    

    5.           ORDERS &
PRICING

    

    (a) Cono
shall order the Product from Edesia by the issuance of separate purchase orders
for the Product, which Purchase Orders shall contain terms consistent with this
Agreement except as provided otherwise in any written agreement by and between
Cono and Edesia. Such Purchase Orders shall be in form and substance
satisfactory to Edesia, as determined in Edesia’s sole and absolute discretion.
Each Purchase Order shall designate the desired types and quantities of Products
and delivery dates, and shall be submitted to Edesia at least fifteen (15) days
prior to the delivery date specified in such Purchase Order. At the time Cono
has issued a Purchase Order for a specified amount of Product and Edesia has
accepted such Purchase Order, Cono shall be committed to purchase the entire
amount of the Product ordered and the Purchase Order shall become
irrevocable.   The entire amount of the manufactured Product
shall be the property of Cono whether or not it is shipped or remains on the
property of Edesia subject to the delivery of the Product to Cono.

    
       

      
        
           

        

        
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    (b) Title
in and to Product shall pass from Edesia to Cono, and the risk of loss of, or
damage to, such Products shall pass to Cono, in accordance with the terms and
conditions set forth in the Purchase Order covering such Product, but not prior
to delivery to the shipper unless agreed to in writing by Cono and
Edesia.

    

    (c)
Edesia shall be responsible for all liability resulting from the manufacturing
of the Product and agrees to indemnify and hold Cono harmless from all claims,
suits and litigation resulting from the manufacturing of the
Product.  Edesia shall retain an insurance policy covering the
manufacturing and distribution of the Product in an amount of at least one
million dollars per occurrence, provided, however, that if Edesia utilizes a
sub-contractor for manufacture of the Product, the Company shall be named as
additional insured, which policy may stand in lieu of a direct insurance policy
held by Edesia.

    

    (d) The
pricing for the Product manufactured by Edesia pursuant to this Agreement is set
forth in subsection (f) below and may from time to time be amended by the
written agreement of Cono and Edesia. Edesia shall invoice Cono upon transfer of
title and based on the pricing set forth below, for the amount of Product so
transferred. Each such invoice shall describe the number of type of Product so
transferred by Edesia. Within thirty (30) days of receipt of an invoice
delivered by Edesia pursuant to this subsection, Cono shall remit to Edesia the
amount set forth therein.

    

    (e) The
pricing set forth herein for the Product manufactured by Edesia pursuant to this
Agreement is based upon the manufacturing and delivery to Edesia’s loading
dock.  The transportation of such Products from such location is the
responsibility of Cono. Cono shall be responsible for making arrangements,
including, but not limited to, the retention of a carrier, to ship Products on
the delivery date specified in the Purchase Order relating to such
Products.

    

    (f) Cono
will pay Edesia the sum of Edesia’s reasonable and verifiable production costs,
plus (15%) fifteen percent.  Said costs shall include all
manufacturing costs directly attributable to production of the Product,
including but not limited to ingredients, labor, and material as well as
proportionate allocation of directly attributable overheads, rent,
storage.  Said cost is subject to change upon written notice to Cono,
and may be changed by Edesia as needed.

    

    (g) Cono
will not be required to purchase a minimum Product on a monthly basis and
manufacturing will be based solely upon demand.

    

    6.           ACCOUNTINGS

    

    (a)
Edesia shall submit to Cono production statements of all Product manufactured by
Edesia on a monthly basis.

    
       

      
        
           

        

        
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    (b) Cono
may, at Cono’s own expense, audit Edesia's books of accounts directly relating
to this Agreement.  Cono may make such audit only for the purpose of
verifying the accuracy of statements sent to the Cono hereunder and only as
provided herein.  The Company will have the right to audit such books
of account by notice to Edesia at least ninety (90) days prior to the date the
Cono intends to commence such audit.  Such audit will be conducted by
either a reputable independent Chartered Accountant, Certified Public
Accountant, will be conducted in such a manner so as not to disrupt Edesia’s
other functions, and will be completed promptly.  Any such audit will
be conducted only during Edesia’s usual business hours and at the place where
Edesia’s keeps the books of the accounts to be examined. Cono’s auditor will
review his or her tentative written findings with a member of Edesia's finance
staff designated by Edesia before rendering a report to the Cono so as to remedy
any factual errors and clarify any issues that may have resulted from
misunderstanding.

    

    (c) Cono
acknowledges that Edesia's books of account contain confidential trade
information.  Neither Cono nor Cono’s representatives will at any time
communicate to others or use on behalf of any other Person any facts or
information obtained as a result of their examination of Edesia's books of
account; except pursuant to a court order, statute or government regulation,
provided that Cono gives prior written notice to Edesia of such required
disclosure.

    

    7.           CONO’S
OBLIGATIONS

    

    Cono will
furnish Edesia with all manufacturing information, licenses, releases,
assignments, consents and clearances required by Edesia for the manufacture of
the Product, without limitation and the packaging and information contained
therein.

    

    Cono will
be solely responsible for and will perform, on a reasonable basis, all marketing
functions in connection with the Product.

    

    8.           TERM

    

    This
Agreement shall be in effect on the date hereof and shall continue until the
fifth anniversary of the date hereof.  This Agreement shall
automatically renew on each anniversary thereafter and continue and remain in
effect for additional three year periods unless either party gives not less than
one hundred and eighty (180) days’ advance written notice.  This
Agreement may be terminated at any time upon mutual consent of the
parties.

    

    Upon
termination, Cono shall pay Edesia all outstanding invoices to date and Edesia
will promptly deliver any Product that has not been shipped and will deliver to
Cono any and all equipment owned by Cono in its possession.

    
       

      
        
           

        

        
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    9.           TERMINATION

    

    (a)
Notwithstanding anything to the contrary contained herein, if upon the lapse of
thirty (30) calendar days following written notice to Edesia any of the
following conditions remains uncured, Cono may terminate this Agreement
effective upon written notice to Edesia: (i) any violation by Edesia of any
express direction or any reasonable rule or regulation of any governmental
authority with jurisdiction over manufacture of the Product, (ii) any breach or
violation by Edesia of the terms and conditions of this Agreement, (iii) any
gross negligence or willful misconduct by Edesia of any of its employees, agents
or representatives in respect of manufacture of the Product; or (iv) Edesia’s
inability to manufacture the Product in amount and quality satisfactory to
Cono.

    

    (b)
Notwithstanding anything in the contrary contained herein, if upon the lapse of
thirty (30) calendar days following delivery of written notice to Cono any
breach or violation by Cono of the terms and conditions of this Agreement
remains uncured, Edesia may terminate this Agreement effective upon written
notice to Cono.

    

    10.           PRODUCT LIABILITY
INDEMNIFICATION

    

    Edesia
shall indemnify and hold harmless Cono from any loss, damage, claim, cost or
expense incurred or suffered by Cono by reason of any claim by any third party
alleging a defect in the Product, provided that the condition or circumstance
affecting such Product was present prior to Cono accepting delivery of the
Product.

    

    11.           COMPANY
PROPERTY

    

    All
advertising, sales, and other materials or articles or information including
without limitation data processing reports, recipes and/or specifications of the
Product, customer sales analysis, invoices, customer lists, identity of
suppliers, contractors or employees, price lists or information, samples,
supplier’s catalogues and price lists or any other material or data of any kind
furnished to Edesia by Cono or developed by Edesia on behalf of Cono or at
Cono’s direction or for Cono’s use or otherwise in connection with Edesia’s
engagement as manufacturer of the Product hereunder are and shall remain the
sole and confidential property of Cono.

    

    12.           TRADE
SECRETS

    

    During
the term of this Agreement and thereafter, neither party shall for its personal
benefit, or disclose, communicate or divulge to, or use for the direct or
indirect benefit of any person, firm, association or company other than the
party owning such information regarding the business methods, business,
policies, procedures, techniques, ingredients, research or development projects
or results, trade secrets or other knowledge or processes of or developed by the
other party or suppliers of any other confidential information relating to or
dealing with the business operations or activities of the other party, made
known to such party or learned or acquired by such party in connection with this
Agreement.

    
       

      
        
           

        

        
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    13.           EQUITABLE
RELIEF

    

    Each
party acknowledges that the restrictions contained in sections 11 and 12 are
reasonable and necessary in order to protect the legitimate interests of the
other party, and that any violation thereof would result in the irreparable
injury to the party whose Confidential Information is being
disclosed.  Each party therefore acknowledges that, in the event of
its violation of any of these restrictions, the other party shall be entitled to
obtain from any Court of competent jurisdiction preliminary and permanent
injunctive relief without the necessity of posting bond as well as damages and
an equitable accounting of all earnings, profits and any other benefits arising
from such violation, which rights shall be cumulative and in addition to any
other rights and remedies to which a party may be entitled.

    

    14.           NON-COMPETE

    

    Edesia
agrees and covenants hereinafter not to compete with Cono directly or indirectly
with its customers and relationships (i) with any third parties to develop or
manufacture the Product, or any products that are competitive with the Product;
or (ii) that would enable any third party to develop or manufacture the Product,
or any products that are competitive with the Products.  This
provision shall remain in effect and survive the termination of this Agreement
for a period of ten years.

    

    15.           MISCELLANEOUS

    

    (a) Waiver. Neither the
failure or any delay on the part of either party to exercise any right remedy
power of privilege under this Agreement shall operate as a waiver thereof, nor
shall any single or partial exercise of any right, remedy power of privilege,
preclude any other or further exercise of the same or any other right, remedy,
power or privilege nor shall any waiver of any right, remedy, power of privilege
with respect to any occurrence be construed as a waiver of such right, remedy
power of privilege with respect to any other occurrence. No waiver shall be
effective unless it is in writing and signed by the party asserted to have been
granted such waiver.

    

    (b) Governing Law. This
Agreement and all questions relating to its validity interpretation, performance
and enforcement (including, without limitation, provisions concerning
limitations of actions), shall be governed by the laws of the State of New
Jersey, notwithstanding any conflict-of-laws doctrines of such state or other
jurisdiction to the contrary, and without the aid of any cannon, custom or rule
of law requiring construction against the draftsman.

    

    (c) Notices. All notices
demands and other communications required or permitted under this Agreement
shall be in writing and shall have deemed to have been duly given, made and
received only when delivered (personally by courier service such as Federal
Express, or by any other messenger) or when deposited in the United States
mails, registered or certified mail, postage prepaid, return receipt requested,
addressed as first set forth above.  Any party may alter the address
to which communications or copies are to be sent by giving notice of such change
of address in conformity with the provisioned of this paragraph for the giving
of notice.

    
       

      
        
           

        

        
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    (d) Binding Nature of
Agreement. This Agreement shall be binding upon and inure to the benefit
of Edesia, its successors and assigns and shall be binding upon and shall inure
to the benefit of Cono and its successors and assigns.  Edesia
acknowledges that the services to be rendered are unique and personal;
Accordingly Edesia may not assign or delegate any of its rights of obligations
hereunder without the prior approval of Cono.

    

    (e) Provisions Separable.
The provisions of the Agreement are independent and separable from each other
and no provision shall be affected of rendered invalid or unenforceable by
virtue of the fact that for any reason any other or others of them may be
invalid or unenforceable in whole or in part.

    

    (f) Entire Agreement.
This Agreement contains the entire understanding of the parties hereto with
respect to the subject manner hereof, and supersedes all prior and contemporary
agreement and understandings, inducements or conditions, express of implied,
oral or written, except as herein contained.  The express terms herein
control and supersede any course of performance and/or usage of the trade
inconsistent with the terms hereof.

    

    (g) Paragraph Headings.
The paragraph headings in this Agreement are for convenience only and shall not
affect its interpretation.

    

    (h) Number of Days. In
computing the number of days for purposes of this Agreement, all days shall be
counted including Saturdays, Sundays and holidays; provided however, that if the
final day of any time period falls on a Saturday, Sunday or holiday on which
federal banks are or may elect to be closed, then the final day shall be deemed
to be in the next day which is not a Saturday, Sunday or holiday.

    

    (i) Modifications. This
Agreement may not be modified or amended orally but only by written agreement
signed by Authorized representatives of Edesia and Cono.

    

    (j) Counterparts. This
Agreement may be signed in one or more counterparts each of which counterparts
shall constitute an original of this Agreement.

    

    (k) Advice of
Counsel.  EACH OF EDESIA AND CONO ACKNOWLEDGES THAT IN
EXECUTING THIS AGREEMENT, IT HAD THE OPPORTUNITY TO SEEK THE ADVICE OF
INDEPENDENT LEGAL COUNSEL, AND HAS READ AND UNDERSTOOD ALL OF THE TERMS AND
PROVISIONS OF THIS AGREEMENT. THIS AGREEMENT SHALL NOT BE CONSTRUED AGAINST ANY
PARTY BY REASON OF THE DRAFTING OR PREPARATION HEREOF.

    

    [Signature
Page Follows]

    
       

      
        
           

        

        
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    IN
WITNESS WHEREOF, the parties have executed and delivered this Agreement as of
the date first above written.

     

    
      
        	 	CONO
      ITALIANO, INC.	 
	 	 	 	 
	
                 

              	
                By:
      

              	/s/ Mitchell
      Brown	 
	 	 	Name: Mitchell
      Brown	 
	 	 	Title: Chief
      Executive Officer	 
	 	 	 	 

      

    

     

    
      
        
          	 	EDESIA
      EMPRISE, LLC	 
	 	 	 	 
	
                   

                	
                  By:
      

                	/s/ Gene
      Brown	 
	 	 	Name: Gene
      Brown	 
	 	 	Title: Chief
      Executive Officer	 
	 	 	 	 

        

      

       

    

    
      
         

      

      
        8Unassociated Document

    SHARE
EXCHANGE AGREEMENT

    

    CONO
ITALIANO, INC., A Nevada Corporation

    

    CONO
ITALIANO, INC., A Delaware Corporation

    

    SHAREHOLDERS
OF CONO ITALIANO, INC., A Delaware Corporation

    

    

    THIS
SHARE EXCHANGE AGREEMENT (this “Agreement”), dated as
of the date set forth on the signature page hereto, is entered into by and
between Cono Italiano, Inc. (formerly known as Tiger Renewable Energy Ltd.), a
Nevada corporation having its principal office at 10 Main Street, Keyport,
NJ  07735 (the “Public Company”),
Cono Italiano, Inc. a Delaware corporation having its principal office at 10
Main Street, Keyport, NJ  07735 (“Cono Italiano”) and
the undersigned shareholders of Cono Italiano (each a “Shareholder,” and
collectively, the “Shareholders”).

    

    

    WITNESSETH:

    

    WHEREAS,
the Public Company desires to acquire all of the issued and outstanding shares
of Cono Italiano (the “Cono Shares”) from
the Shareholders, and the Shareholder wishes to sell to the Public Company all
of the Cono Shares held of record by the Shareholder;

    

    NOW,
THEREFORE, in consideration of the covenants, promises and representations set
forth herein, and for other good and valuable consideration, the receipt and
sufficiency of which is hereby acknowledged, and intending to be legally bound
hereby, the parties agree as follows:

    

    1.           Share
Exchange.

    

    1.1           Transfer
of Shares.  Subject to the terms and conditions stated herein, at the
Closing (as defined below), (a) the Shareholder shall assign, transfer, convey,
and deliver to the Public Company, and the Public Company shall accept and
acquire, the Cono Shares and any and all rights in such shares to which the
Shareholder is entitled, and by so doing, the Shareholder will be deemed to have
assigned all of his or her right, title and interest in and to all such Cono
Shares to the Public Company; and (b) in exchange for the Cono Shares, the
Public Company shall transfer to the Shareholders, and the Shareholders shall
accept from the Public Company, those shares of the Public Company’s common
stock (the “Exchange
Shares”) on a one-for-one basis for each share of the Cono Shares held of
record on the date of the Closing.  If one or more stock certificates
representing the Cono Shares have been issued, such conveyance of the Cono
Shares shall be evidenced by such stock certificate(s), duly endorsed to the
Public Company or accompanied by stock powers duly executed to the order of the
Public Company, or other instruments of transfer in form and substance
reasonably satisfactory to the Public Company.

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    1.2           Transfer
of Rights to Additional Shares.  At the Closing, the Shareholder
relinquishes and forever releases any and all rights, options or warrants of any
nature or kind which the Shareholder may possess to acquire additional Cono
Shares, by virtue of written agreement, verbal understanding or
otherwise.  The Shareholder understands and hereby acknowledges that
the number of Exchange Shares they shall receive pursuant to this Agreement
fully reflects their exchange of all Cono Shares they may presently own and
termination of any and all rights they may possess to acquire additional shares
of Cono.

    

    2.           Closing
and Deliveries.

    

    2.1           The
Closing.  The closing (the “Closing”) of the
transactions contemplated hereunder shall take place simultaneously with the
execution of this Agreement at such place as the parties hereto may agree,
provided, however, time is of the essence and the Closing shall not be later
than ten (10) days from the date of this Agreement.

    

    2.2           Release.  The
Shareholder hereby acknowledges, represents and warrants to Cono Italiano, the
Public Company and its shareholders that the Shareholder has no claims against
Cono Italiano or the Public Company and hereby releases and forever discharges
both Cono Italiano and the Public Company and each of its past, present and
future affiliates, stockholders, members, successors and assigns and their
respective officers, directors and employees, from any and all claims, demands,
proceedings, causes of action, court orders, obligations, contracts and
agreements (express or implied), debts or liabilities under or related to Cono
Italiano and the Public Company, including, without limitation, any and all
right, warrant, or other obligation to issue additional Cono Shares to the
Shareholder in the future.

    

    3.           Representations
and Warranties.

    

    3.1           Representations
and Warranties of the Shareholder.  As an inducement to the Public
Company to enter into this Agreement and to consummate the transactions
contemplated herein, the Shareholder represents and warrants to the Public
Company as follows, of which all such representations and warranties are true
and complete as of the date of this Agreement and as of the
Closing:

    

    (a)           Authority.  The
Shareholder has the right, power, authority and capacity to execute and deliver
this Agreement, to consummate the transactions contemplated hereby and to
perform his obligations under this Agreement.  This Agreement
constitutes the legal, valid and binding obligations of the Shareholder,
enforceable against the Shareholder in accordance with the terms
hereof.

    

    (b)           Ownership.  The
Shareholder is the sole record and beneficial owners of all of the issued and
outstanding Cono Shares in the Shareholder’s name, has good and marketable title
to the Cono Shares, free and clear of all Encumbrances (as hereinafter defined),
and has full legal right and power to sell, transfer and deliver the Cono Shares
to the Public Company in accordance with this Agreement.  “Encumbrances” shall
mean any liens, pledges, hypothecations, charges, adverse claims, options,
preferential arrangements or restrictions of any kind, including, without
limitation, any restriction of the use, voting, transfer, receipt of income or
other exercise of any attributes of ownership, other than as provided under
applicable securities laws.  Upon the execution and delivery of this
Agreement, the Public Company will receive good and marketable title to the Cono
Shares, free and clear of all Encumbrances.  There are no
stockholders' agreements, voting trust, proxies, options, warrants, convertible
instruments, rights of first refusal or any other agreements or understandings
with respect to the Cono Shares.  As contemplated by this Agreement,
following the Closing, there will be no preemptive or similar rights to purchase
or otherwise acquire shares of the capital stock of Cono Italiano pursuant to
any provision of law, the Certificate of Incorporation or By-Laws (in each case,
as amended and in effect on the date hereof), or any agreement to which any
Shareholder or Cono Italiano is a party.

    

    
      
        
        

      

      
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    (c)           No
Conflict.  None of the execution, delivery, or performance of this
Agreement, or the consummation of the transactions contemplated hereby,
conflicts or will conflict with, or (with or without notice or lapse of time, or
both) will result in a termination, breach or violation of (i) any instrument,
contract or agreement to which the Shareholder is a party or by which he or she
is bound, or to which the Cono Shares are subject; or (ii) any federal, state,
local or foreign law, ordinance, judgment, decree, order, statute, or
regulation, or that of any other governmental body or authority, applicable to
the Shareholder or the Cono Shares.

    

    (d)           No
Consent.  No consent, approval, authorization or order of, or any
filing or declaration with any governmental authority or any other person, is
required for the consummation by the Shareholder of any of the transactions
contemplated by the Shareholder under this Agreement.

    

    (e)           Own
Account.  The Shareholder is acquiring the Exchange Shares for his or
her own account as principal, and not as a nominee or agent; for investment
purposes only, and not with a view to, or for, resale, distribution or
fractionalization thereof in whole or in part; and no other person has a direct
or indirect beneficial interest in such Exchange Shares or any portion
thereof.  The Shareholder does not have any contract, undertaking,
agreement or arrangement with any person to sell, transfer or grant
participations in the Exchange Shares to such person or to any third
person.

    

    (f)           No
Advertisement.  The Shareholder is not acquiring the Exchange Shares
as a result of or subsequent to any advertisement, article, notice or other
communication published in any newspaper, magazine or similar media or broadcast
over television or radio, or presented at any seminar or meeting, or pursuant to
any solicitation of a subscription by a person not previously known to the
Shareholder in connection with investment securities generally.

    

    
      
        
        

      

      
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    (g)           No
Obligation to Register.  The Shareholder understands that the Public
Company is not under any obligation to register the Exchange Shares under the
Securities Act of 1933, as amended (the “Securities Act”), or
to assist the Shareholder in complying with the Securities Act or the securities
laws of any state of the United States or of any foreign
jurisdiction.  The Shareholder understands that the Exchange Shares
must be held indefinitely unless such Exchange Shares are registered under the
Securities Act or an exemption from registration is available.  The
Shareholder acknowledges that such person is familiar with Rule 144 of the rules
and regulations of the Commission, as amended, promulgated pursuant to the
Securities Act (“Rule
144”), and that the Shareholder has been advised that Rule 144 permits
resales only under certain circumstances.  The Shareholder understands
that to the extent that Rule 144 is not available, the Shareholder will be
unable to sell any Exchange Shares without either registration under the
Securities Act or the existence of another exemption from such registration
requirement.

    

    (h)           Experience.  The
Shareholder is (1) experienced in making investments of the kind described in
this Agreement and the related documents, (2) able, by reason of the business
and financial experience of its officers (if an entity) and professional
advisors (who are not affiliated with or compensated in any way by the Public
Company or any of its affiliates or selling agents), to protect its own
interests in connection with the transactions described in this Agreement, and
the related documents, and (3) able to afford the entire loss of its investment
in the Exchange Shares.

    

    (i)           Exemption
from Registration.  The Shareholder acknowledges his or her
understanding that the offering and sale of Exchange Shares is intended to be
exempt from registration under the Securities Act.  In furtherance
thereof, in addition to the other representations and warranties of the
Shareholder made herein, the Shareholder further represents and warrants to and
agrees with each of the Public Company and their affiliates as
follows:

    

    (1)           The
Shareholder realizes that the basis for the exemption may not be present if,
notwithstanding such representations, the Shareholder is acquiring the Exchange
Shares for a fixed or determinable period in the future, or for a market rise,
or for sale if the market does not rise.  The Shareholder does not
have such intention.

    

    (2)           The
Shareholder has adequate means for providing for his current needs and personal
contingencies and has no need for liquidity with respect to the acquisition of
the Exchange Shares.

    

    (3)           The
Shareholder has such knowledge and experience in financial and business matters
as to be capable of evaluating the merits and risks of the prospective
investment in the Exchange Shares.

    

    (4)           The
Shareholder has been provided an opportunity for a reasonable period of time
prior to the date hereof to obtain additional information concerning the
offering of the Exchange Shares, the Public Company, and all other information
to the extent the Public Company possesses such information or can acquire it
without unreasonable effort or expense.

    

    
      
        
        

      

      
        4

        
          

        

      

      
        
        

      

    

    (j)           Risk.  The
Shareholder understands that an investment in the Exchange Shares is a
speculative investment which involves a high degree of risk and the potential
loss of his entire investment.

    

    (k)           Net
Worth.  The Shareholder’s overall commitment to investments which are
not readily marketable is not disproportionate to the Shareholder’s net worth,
and the acquisition of the Exchange Shares will not cause such overall
commitment to become excessive.

    

    (l)           SEC
Documents.  The Shareholder has received all documents, records, books
and other information pertaining to the Shareholder’s investment in the Public
Company that has been requested by the Shareholder.  The Shareholder
has reviewed or received copies of all reports and other documents filed by the
Public Company with the Securities and Exchange Commission (the “SEC Documents”) under
the Securities Exchange Act of 1934, as amended (the “Exchange
Act”).

    

    (m)           Reliance.  Other
than as set forth herein, the Shareholder are not relying upon any other
information, representation or warranty by the Public Company, or any officer,
director, stockholder, agent or representative of the Public Company in
determining to invest in the Exchange Shares.  The Shareholder has
consulted, to the extent deemed appropriate by the Shareholder, with the
Shareholder’s own advisers as to the financial, tax, legal and related matters
concerning an investment in the Exchange Shares and on that basis believes that
his or its investment in the Exchange Shares is suitable and appropriate for the
Shareholder.

    

    (n)           No
Governmental Review.  The Shareholder is aware that no federal or
state agency has (1) made any finding or determination as to the fairness of
this investment, (2) made any recommendation or endorsement of the Exchange
Shares, the Public Company, or (3) guaranteed or insured any investment in the
Exchange Shares or any investment made by the Public Company.

    

    (o)           Price.  The
Shareholder understands that the value of the Exchange Shares offered hereby
bear no relation to the assets, book value or net worth of the Public Company
and were determined arbitrarily by the Public Company.  The
Shareholder further understands that there is a risk of further dilution of his,
her or its investment in the Public Company.

    

    (p)           Compliance
Undertakings.  The Shareholder hereby acknowledges that he/she is
acquainted with the requirements of Section 16 and Section 13(d) of the
Securities Exchange Act of 1934 and the rules and regulations issued
thereunder.  The Shareholder understands that, as a result of its
acquisition of Shares, and in order to comply with Section 16 and Section 13(d)
and the rules and regulations issued thereunder, certain Shareholders may be
required to file a report on Form 3 and a Schedule 13D and the Shareholder
hereby undertakes and agrees to make such filing in a timely manner if so
required.

    

    
      
        
        

      

      
        5

        
          

        

      

      
        
        

      

    

    3.2           Representations
and Warranties of the Public Company.  As an inducement to the
Shareholders to enter into this Agreement and to consummate the transactions
contemplated herein, the Public Company represents and warrants to the
Shareholders as follows, all of which are true and complete as of the date of
this Agreement and as of the Closing, except to the extent set forth on a
disclosure schedule attached hereto referencing the Section and paragraph number
of the provision herein corresponding to such exception:

    

    (a)           Organization
of the Public Company.  The Public Company is a corporation duly
organized and validly existing and in good standing under the laws of the State
of Nevada, and has all requisite power and authority to own, lease and operate
its properties and to carry on its business as now being
conducted.  The Public Company is duly qualified as a foreign
corporation to do business and is in good standing in every jurisdiction in
which the nature of the business conducted or property owned by it makes such
qualification necessary, other than those in which the failure so to qualify
would not have a material adverse effect on the business, operations,
properties, prospects or condition (financial or otherwise) of the Public
Company.  The Public Company has, prior to the execution of this
Agreement, made available by reference to filings on the SEC Website, true and
complete copies of its (i) Certificate of Incorporation with all amendments
thereto; and (ii) By-laws, in each case as in effect on the date of
Closing.  Public Company is not in default under or in violation of
any provision of its Certificate of Incorporation or By-laws.

    

    (b)           Authority.  (1)
The Public Company has the requisite corporate power and authority to enter into
and perform its obligations under this Agreement and to issue the Exchange
Shares; (2) the execution and delivery of this Agreement by the Public Company
and the consummation by it of the transactions contemplated hereby and thereby
have been duly authorized by all necessary corporate action and no further
consent or authorization of the Public Company or its Board of Directors or
stockholders is required; and (3) this Agreement has been duly executed and
delivered by the Public Company and constitutes a valid and binding obligation
of the Public Company enforceable against the Public Company in accordance with
its terms, except as such enforceability may be limited by applicable
bankruptcy, insolvency, or similar laws relating to, or affecting generally the
enforcement of, creditors' rights and remedies or by other equitable principles
of general application.

    

    (c)           Exemption
from Registration; Valid Issuances.  When issued and transferred as
herein provided, the Exchange Shares shall be duly authorized, validly issued,
fully paid, and nonassessable.  Neither the sales of the Exchange
Shares pursuant to, nor the Public Company’s performance of its obligations
under, this Agreement shall (1) result in the creation or imposition of any
liens, charges, claims or other encumbrances upon the Exchange Shares or any of
the assets of the Public Company, or (2) entitle the other holders of the common
stock of the Public Company to preemptive or other rights to subscribe to or
acquire the Exchange Shares or other securities of the Public
Company.

    

    
      
        
        

      

      
        6

        
          

        

      

      
        
        

      

    

    (d)           No
General Solicitation or Advertising in Regard to this
Transaction.  Neither the Public Company nor any of its affiliates nor
any person acting on its or their behalf (1) has conducted or will conduct any
general solicitation (as that term is used in Rule 502(c) of Regulation D) or
general advertising with respect to any of the Exchange Shares, or (2) made any
offers or sales of any security or solicited any offers to buy any security
under any circumstances that would require registration of the Exchange Shares
under the Securities Act.

    

    (e)           No
Conflicts.  The execution, delivery and performance of this Agreement
by the Public Company and the consummation by the Public Company of the
transactions contemplated hereby, including without limitation the issuance of
the Exchange Shares, do not and will not (1) result in a violation of the
Certificate of Incorporation or By-Laws of the Public Company, or (2) conflict
with, or constitute a material default (or an event that with notice or lapse of
time or both would become a material default) under, or give to others any
rights of termination, amendment, acceleration or cancellation of, any material
agreement, indenture, instrument or any "lock-up" or similar provision of any
underwriting or similar agreement to which the Public Company is a party, or (3)
result in a violation of any federal, state, local or foreign law, rule,
regulation, order, judgment or decree (including federal and state securities
laws and regulations) applicable to the Public Company or by which any property
or asset of the Public Company is bound or affected (except for such conflicts,
defaults, terminations, amendments, accelerations, cancellations and violations
as would not, individually or in the aggregate, have a material adverse effect
on the business, operations, properties, prospects or condition (financial or
otherwise) of the Public Company) nor is the Public Company otherwise in
violation of, conflict with or in default under any of the
foregoing.  The business of the Public Company is not being conducted
in violation of any law, ordinance or regulation of any governmental entity,
except for possible violations that either singly or in the aggregate do not and
will not have a material adverse effect on the business, operations, properties,
prospects or condition (financial or otherwise) of the Public
Company.  The Public Company is not required under federal, state or
local law, rule or regulation to obtain any consent, authorization or order of,
or make any filing or registration with, any court or governmental agency in
order for it to execute, deliver or perform any of its obligations under this
Agreement or issue and sell the Exchange Shares in accordance with the terms
hereof (other than any SEC, FINRA or state securities filings that may be
required to be made by the Public Company subsequent to the Closing, any
registration statement that may be filed pursuant hereto, and any shareholder
approval required by the rules applicable to companies whose common stock trades
on the Over The Counter Bulletin Board); provided that, for purposes of the
representation made in this sentence, the Public Company is assuming and relying
upon the accuracy of the relevant representations and agreements of the
Shareholder herein.

    

    
      
        
        

      

      
        7

        
          

        

      

      
        
        

      

    

    (f)           Litigation
and Other Proceedings.  Except as may be set forth in the SEC
Documents, there are no lawsuits or proceedings pending or to the best knowledge
of the Public Company threatened, against the Public Company, nor has the Public
Company received any written or oral notice of any such action, suit, proceeding
or investigation, which would have a material adverse effect on the business,
operations, properties, prospects or condition (financial or otherwise) of the
Public Company.  Except as set forth in the SEC Documents, no
judgment, order, writ, injunction or decree or award has been issued by or, so
far as is known by the Public Company, requested of any court, arbitrator or
governmental agency which would have a material adverse effect on the business,
operations, properties, prospects or condition (financial or otherwise) of the
Public Company.

     

    (g)           Authorized
Capitalization.  The authorized capital stock of the Public Company
consists of: a total of one hundred million (100,000,000) shares of common
stock, par value $.001 per share.  The Public Company has issued and
outstanding such options and warrants as are set forth in the SEC
Documents. The
Public Company expects to adopt a new equity incentive plan with a number of
shares of Public Company common stock authorized to be issued thereunder to be
determined by the Board of Directors as customary and reasonable by reference to
similarly-situated public companies.

    

    (h)           Full
Disclosure.  No representation or warranty made to any Shareholder by
the Public Company in this Agreement omits to state a material fact necessary to
make the statements herein, in light of the circumstances in which they were
made, not misleading.  There is no fact known to the Public Company
that has specific application to the Exchange Shares and that materially
adversely affects or, as far as can be reasonably foreseen, materially threatens
the Exchange Shares that has not been set forth in this Agreement or otherwise
disclosed in the Public Company’s publicly available reports and disclosures
filed with the U.S. Securities and Exchange Commission.

    

    3.3           Representations
and Warranties regarding Cono Italiano.  As an inducement to the
Public Company to enter into this Agreement and to consummate the transactions
contemplated herein, Cono Italiano represents and warrants to the Public Company
as follows regarding matters pertaining to Cono Italiano, all of which are true
and complete as of the date of this Agreement and as of the Closing, except to
the extent set forth on a disclosure schedule attached hereto referencing the
section and paragraph number of the provision herein corresponding to such
exception:

    

    (a)           Organization
of Cono Italiano.  Cono Italiano is a corporation duly organized and
validly existing and in good standing under the laws of the state of Delaware,
and has all requisite power and authority to own, lease and operate its
properties and to carry on its business as now being conducted.  Cono
Italiano is duly qualified as a foreign corporation to do business and is in
good standing in every jurisdiction in which the nature of the business
conducted or property owned by it makes such qualification necessary, other than
those in which the failure so to qualify would not have a material adverse
effect on the business, operations, properties, prospects or condition
(financial or otherwise) of Cono Italiano.  Cono Italiano has, prior
to the execution of this Agreement, delivered to the Public Company true and
complete copies of its (i) Certificate of Incorporation with all amendments
thereto; and (ii) By-Laws, in each case as in effect on date of the
Closing.  Cono Italiano is not in default under or in violation of any
provision of its Certificate of Incorporation or By-Laws.

    

    
      
        
        

      

      
        8

        
          

        

      

      
        
        

      

    

    (b)           Authority.  (1)
Cono Italiano has the requisite corporate power and authority to enter into and
perform its obligations under this Agreement; (2) the execution and delivery of
this Agreement by Cono Italiano and the consummation by it of the transactions
contemplated hereby and thereby have been duly authorized by all necessary
corporate action and no further consent or authorization of Cono Italiano or its
Board of Directors or stockholders is required; and (3) this Agreement has been
duly executed and delivered by Cono Italiano and constitutes a valid and binding
obligation of Cono Italiano enforceable against Cono Italiano in accordance with
its terms, except as such enforceability may be limited by applicable
bankruptcy, insolvency, or similar laws relating to, or affecting generally the
enforcement of, creditors' rights and remedies or by other equitable principles
of general application.

    

    (c)           Issuances.  The
shares of Cono Italiano delivered hereto have been properly issued by Cono
Italiano pursuant to applicable federal and state laws or exemption
therefrom.  When delivered as herein provided, the Cono Shares shall
be duly authorized, validly issued, fully paid, and
nonassessable.  Neither the transfer of the Cono Shares pursuant to,
nor the Public Company's or Public Company’s performance of Cono Italiano
obligations under, this Agreement shall (1) result in the creation or imposition
of any liens, charges, claims or other encumbrances upon the Cono Shares or any
of the assets of Cono Italiano, or (2) entitle the other holders of the Cono
Shares to any rights to subscribe to or acquire any other Cono Shares or other
securities of the Public Company or the Public Company.  The Cono
Shares constitute all of the issued and all outstanding equity interests in Cono
Italiano and there are no direct or indirect rights of any nature or kind issued
or outstanding, contingent or otherwise, to acquire any Cono Shares, including,
without limitation, no options, warrants or instruments convertible into Cono
Shares.

    

    (d)           No
General Solicitation or Advertising in Regard to this
Transaction.  Neither Cono Italiano, nor any of its affiliates nor any
person acting on its or their behalf (1) has conducted or will conduct any
general solicitation (as that term is used in Rule 502(c) of Regulation D) or
general advertising with respect to any of the Cono Shares, or (2) made any
offers or sales of any security or solicited any offers to buy any security
under any circumstances that would require registration of the Cono Shares under
the Securities Act.

    

    (e)           No
Conflicts.  The execution, delivery and performance of this Agreement
by Cono Italiano and the consummation by Cono Italiano of the transactions
contemplated hereby, do not and will not (1) result in a violation of the
Certificate of Incorporation or By-Laws of Cono Italiano, or (2) conflict with,
or constitute a material default (or an event that with notice or lapse of time
or both would become a material default) under, or give to others any rights of
termination, amendment, acceleration or cancellation of, any one or more
agreements that individually or in the aggregate are material, indenture,
instrument or any "lock-up" or similar provision of any underwriting or similar
agreement to which Cono Italiano is a party, or (3) result in a violation of any
federal, state, local or foreign law, rule, regulation, order, judgment or
decree (including federal and state securities laws and regulations) applicable
to Cono Italiano or by which any property or asset of Cono Italiano is bound or
affected (except, in the case of (2) and (3), for such conflicts, defaults,
terminations, amendments, accelerations, cancellations and violations as would
not, individually or in the aggregate, have a material adverse effect on the
business, operations, properties, prospects or condition (financial or
otherwise) of Cono Italiano or its ability to consummate the transaction
contemplated hereby) nor is Cono Italiano otherwise in violation of, conflict
with or in default under any of the foregoing.  The business of Cono
Italiano is not being conducted in violation of any law, ordinance or regulation
of any governmental entity, except for possible violations that either singly or
in the aggregate do not and will not have a material adverse effect on the
business, operations, properties, prospects or condition (financial or
otherwise) of Cono Italiano.

    

    
      
        
        

      

      
        9

        
          

        

      

      
        
        

      

    

    (f)           Litigation
and Other Proceedings.  There are no lawsuits or proceedings pending
or, to the best knowledge of the Shareholder or Cono Italiano threatened,
against Cono Italiano, nor has Cono Italiano received any written or oral notice
of any such action, suit, proceeding or investigation, which would have a
material adverse effect on the business, operations, properties, prospects or
condition (financial or otherwise) of Cono Italiano.  No judgment,
order, writ, injunction or decree or award has been issued by or, so far as is
known by the Shareholder or Cono Italiano, requested of any court, arbitrator or
governmental agency which would have a material adverse effect on the business,
operations, properties, prospects or condition (financial or otherwise) of Cono
Italiano or its ability to consummate the transaction contemplated
hereby.

    

    (g)           Taxes.

    

               (i)           Cono
Italiano has timely filed with the appropriate taxing authorities all tax
returns required to have been filed by Cono Italiano on or before the Closing
Date; each such tax return is true, correct and complete in all material
respects; and all taxes of Cono Italiano that are required to have been paid on
or before the Closing Date (whether or not shown on any tax return) have been
timely paid in full.

    

    (ii)           There
is no action, suit, proceeding, investigation, audit, claim or assessment
pending or, to the knowledge of the Shareholder, threatened with respect to Cono
Italiano with respect to a liability for taxes or with respect to any tax
return.  No deficiency for any tax has been assessed with respect to
Cono Italiano which has not been paid in full.

    

    4.           Stock
Legend.

    

    Each
certificate representing the Exchange Shares shall be stamped or otherwise
imprinted with legends substantially in the following form (in addition to any
legend required by applicable state securities or "blue sky" laws)(the use of
the term “Cono Italiano, Inc.” in this legend refers to the Public
Company):

    

    
      
        
        

      

      
        10

        
          

        

      

      
        
        

      

    

    THE
SECURITIES REPRESENTED BY THIS CERTIFICATE (THE "SECURITIES") HAVE NOT BEEN
REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED (THE "ACT") OR ANY STATE
SECURITIES LAWS AND MAY NOT BE SOLD, TRANSFERRED OR OTHERWISE DISPOSED OF EXCEPT
(1)(A) PURSUANT TO THE EXEMPTION FROM REGISTRATION PROVIDED BY RULE 144 UNDER
THE ACT (IF AVAILABLE) OR ANOTHER THEN AVAILABLE EXEMPTION UNDER THE ACT AND
STATE SECURITIES LAWS, OR (B) IN A TRANSACTION THAT DOES NOT REQUIRE
REGISTRATION UNDER THE ACT OR ANY APPLICABLE STATE LAWS, AND WHEREIN THE ISSUER
SHALL HAVE RECEIVED AN OPINION OF COUNSEL THAT REGISTRATION OF SUCH SECURITIES
UNDER THE ACT AND UNDER THE PROVISIONS OF APPLICABLE STATE SECURITIES LAWS IS
NOT REQUIRED, OR (C) PURSUANT TO A REGISTRATION STATEMENT WHICH HAS BEEN
DECLARED EFFECTIVE UNDER THE ACT (AND WHICH CONTINUES TO BE EFFECTIVE AT THE
TIME OF SUCH TRANSFER); AND (2) PRIOR TO ANY SUCH TRANSFER, IT WILL FURNISH TO
THE ISSUER AND THE TRANSFER AGENT FOR THE COMMON STOCK SUCH CERTIFICATIONS,
LEGAL OPINIONS, OR OTHER INFORMATION AS THE ISSUER OR SUCH TRANSFER AGENT MAY
REASONABLY REQUIRE TO CONFIRM THAT SUCH TRANSFER IS BEING MADE PURSUANT TO AN
EXEMPTION FROM, OR IN A TRANSACTION NOT SUBJECT TO, THE REGISTRATION
REQUIREMENTS OF THE ACT OR STATE SECURITIES LAWS; AND (3) IT WILL DELIVER TO
EACH PERSON TO WHOM THE SECURITIES EVIDENCED HEREBY IS TRANSFERRED A NOTICE
SUBSTANTIALLY TO THE EFFECT OF THIS LEGEND.  FURTHERMORE, HEDGING
TRANSACTIONS INVOLVING THE SECURITIES EVIDENCED HEREBY MAY NOT BE CONDUCTED
UNLESS IN COMPLIANCE WITH THE ACT.

     

    The
Public Company agrees to reissue certificates representing any of the Exchange
Shares without the legend set forth above if at such time, prior to making any
transfer of any such Exchange Shares, such holder thereof shall give written
notice to the Public Company describing the manner and terms of such transfer
and removal as the Public Company may reasonably request.  Such
proposed transfer and removal will not be effected until: (a) either (i) the
Public Company has received an opinion of counsel reasonably satisfactory to the
Public Company, to the effect that the registration of the Exchange Shares under
the Securities Act is not required in connection with such proposed transfer;
(ii) a registration statement under the Securities Act covering such proposed
disposition has been filed by the Public Company with the Commission and has
become effective under the Securities Act; (iii) the Public Company has received
other evidence reasonably satisfactory to the Public Company that such
registration and qualification under the Securities Act and state securities
laws are not required; or (iv) the holder provides the Public Company with
reasonable assurances that such security can be sold pursuant to Rule 144 under
the Securities Act; and (b) either (i) the Public Company has received an
opinion of counsel reasonably satisfactory to the Public Company, to the effect
that registration or qualification under the securities or "blue sky" laws of
any state is not required in connection with such proposed disposition; or (ii)
compliance with applicable state securities or "blue sky" laws has been effected
or a valid exemption exists with respect thereto.

     

    
      
        
        

      

      
        11

        
          

        

      

      
        
        

      

    

    5.           Broker.  The
parties acknowledge that no broker is entitled to a brokerage
commission/finder's fee as a result of the transactions contemplated by this
Agreement.

    

    6.           Miscellaneous.

    

    (a)           Notices.  All
notices or other communications required or permitted hereunder shall be in
writing.  Any notice, request, demand, claim or other communication
hereunder shall be deemed duly given (i) if by personal delivery, when so
delivered; (ii) if mailed, three (3) business days after having been sent by
registered or certified mail, return receipt requested, postage prepaid and
addressed to the intended recipient as set forth below; or (iii) if sent through
an overnight delivery service in circumstances to which such service guarantees
next day delivery, the day following being so sent to the address of the
intended recipient as first set forth above.  Any party may change the
address to which notices and other communications hereunder are to be delivered
by giving the other parties notice in the manner herein set forth.

     

    
      	 	Notice Address of
      Public Company: 	 	Cono
      Italiano, Inc. 

              10
      Main Street

              Keyport,
      NJ  07735

              Attn: Mitchell
      Brown

              Chief
      Executive Officer

            
	 	 	 	 
	 	Notice Address of
      Cono Italiano:  	 	Cono
      Italiano, Inc. 

              10
      Main Street

              Keyport,
      NJ  07735

              Attn: Mitchell
      Brown

              Chief
      Executive Officer

            
	 	 	 	 
	 	Notice Address of
      Shareholders:   	 	As set forth on
      Annex A hereto.

    

                                                              

    (b)           Choice
of Law.  This Agreement shall be governed, construed and enforced in
accordance with the laws of the State of New York and the federal laws of United
States applicable therein, without giving effect to principles of conflicts of
law.

    

    (c)           Jurisdiction.  The
parties hereby irrevocably consent to the in personam jurisdiction of the state
or federal courts located in the State of New York, in connection with any
action or proceeding arising out of or relating to this Agreement or the
transactions and the relationships established thereunder.  The
parties hereby agree that such courts shall be the venue and exclusive and
proper forum in which to adjudicate such matters and that they will not contest
or challenge the jurisdiction or venue of these courts.

    

    
      
        
        

      

      
        12

        
          

        

      

      
        
        

      

    

    (d)           Entire
Agreement.  This Agreement sets forth the entire agreement and
understanding of the parties in respect of the transactions contemplated hereby
and supersedes all prior and contemporaneous agreements, arrangements and
understandings of the parties relating to the subject matter
hereof.  No representation, promise, inducement, waiver of rights,
agreement or statement of intention has been made by any of the parties which is
not expressly embodied in this Agreement, such other agreements, notes or
instruments related to this transaction executed simultaneously herewith, or the
written statements, certificates, schedules or other documents delivered
pursuant to this Agreement or in connection with the transactions contemplated
hereby.

    

    (e)           Assignment.  Each
party's rights and obligations under this Agreement shall not be assigned or
delegated, by operation of law or otherwise, without the other party's prior
consent, and any such assignment or attempted assignment shall be void, of no
force or effect, and shall constitute a material default by such
party.

    

    (f)           Amendments.  This
Agreement may be amended, modified, superseded or cancelled, and any of the
terms, covenants, representations, warranties or conditions hereof may be
waived, only by a written instrument executed by each party, in the case of a
waiver, by the party waiving compliance.

    

    (g)           Waivers.  The
failure of any party at any time or times to require performance of any
provision hereof shall in no manner affect the right at a later time to enforce
the same.  No waiver by any party of any condition, or the breach of
any term, covenant, representation or warranty contained in this Agreement,
whether by conduct or otherwise, in any one or more instances shall be deemed to
be or construed as a further or continuing waiver of any such condition or
breach or a waiver of any other term, covenant, representation or warranty of
this Agreement.

    

    (h)           Further
Assurances.  The parties shall from time to time do and perform such
additional acts and execute and deliver such additional documents and
instruments as may be required or reasonably requested by any party to
establish, maintain or protect its rights and remedies or to effect the purposes
of this Agreement. 

    

    (i)           Interpretation. 
All references to “material” or “materiality” herein shall refer to matters,
understandings, agreements, actions, courses of dealing, courses of operations,
or events, which individually or in the aggregate exceed $200,000.  All
references to “knowledge” means those facts or circumstances actually known
after due inquiry.  No ambiguity in any provision hereof shall be construed
against parties by reason of the fact it was drafted by such party or its
counsel.  References to “including” means including without limiting
the generality of any description preceding such term.  Nothing expressed
or implied in this Agreement is intended, or shall be construed, to confer upon
or give any person other than the parties any rights or remedies under or by
reason of this Agreement.

    

    
      
        
        

      

      
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    (j)           Binding
Effect; Benefits.  This Agreement shall inure to the benefit of, and
be binding upon, the parties hereto and their respective heirs, legal
representatives, successors and permitted assigns.  Nothing in this
Agreement, express or implied, is intended to or shall confer upon any person
other than the parties hereto, and their respective heirs, legal
representatives, successors and permitted assigns, any rights, remedies,
obligations or liabilities under, in connection with or by reason of this
Agreement.

    

    (k)           Reporting.  The
Shareholder and Cono Italiano acknowledge that the Public Company is a public
corporation subject to U.S. Federal securities laws.  The Shareholder
and Cono Italiano acknowledge that they will not engage in any trading in the
Public Company’s securities until after public announcement of the acquisition
in form and date to be mutually agreed upon by the Shareholder and the Public
Company.  The Shareholder furthermore agree to use commercially
reasonable efforts to promptly comply and assist the Public Company with any and
all requests for information as necessary to comply with the Public Company’s
filing requirements with the U.S. Securities and Exchange Commission and the
Public Company’s public reporting obligations.

    

               (l)           Counterparts.  This
Agreement may be executed in any number of counterparts, each of which shall be
deemed an original, and all of which shall constitute one and the same
instrument.  This Agreement shall be accepted, effective and binding, for
all purposes, when the parties shall have signed and transmitted to each other,
by facsimile, electronic mail or otherwise, copies of the signature pages
hereto, which shall have the same full force and effect as an original
thereof.

    

    [Signature
Pages Follow]

    

    

    
      
        
        

      

      
        14

        
          

        

      

      
        
        

      

    

    IN
WITNESS WHEREOF, the parties hereto have duly executed this Agreement as of the
______ day of ________________, 20___.

    

     

     

    
      	 	
              CONO
      ITALIANO, INC., A Nevada Corporation 

              (Referred
      to herein as the “Public Company)

            	 
	 	 	 	 
	
               

            	
              By:
      

            	 	 
	 	 	Name:	 
	 	 	Title:	 
	 	 	 	 

    

     

    
      
        
          	 	
                  CONO
      ITALIANO, INC., A Delaware Corporation

                  (Referred
      to herein as “Cono Italiano”)

                	 
	 	 	 	 
	
                   

                	
                  By:
      

                	 	 
	 	 	Name: 	 
	 	 	Title: 	 
	 	 	 	 

        

         

        
          
            	 	SHAREHOLDER
      OF CONO ITALIANO, INC.	 
	 	 	 	 
	
                     

                  	
                    (Signature) 

                  	 
	 	Print
      Name:	 
	 	Title:	 

          

        
          
            
            

          

          
            15

            
              

            

          

          
            
            

        

      

    

    Annex A

    

    

    Name
and Notice Address for Exchanging Shareholder of Cono Italiano,
Inc.

     

     

     

     

     

     

     

     

     

    
      
        
        

      

      
        16

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