Document:

Exhibit 10.1

    

    Exhibit
      10.1

    SHARE
      EXCHANGE AGREEMENT

    

    THIS
      SHARE EXCHANGE AGREEMENT
      (this
“Agreement”),
      is
      entered into as of the 1st day of December, 2006, by and among: (i) Phoenix
      International Ventures, Inc. a Nevada corporation (“International
      Ventures”),
      (ii)
      Phoenix Aerospace, Inc., a Nevada corporation (“Aerospace”),
      and
      (iii) Zahir Teja, the owner of all the issued and outstanding shares of
      Aerospace and a stockholder of International Ventures (“Teja”).
      International Ventures, Aerospace, and Teja are referred to collectively as
      the
“Parties”.

    

    WHEREAS,
      International Ventures, Aerospace, and Teja have determined that the acquisition
      by International Ventures of Aerospace is advisable and in the best interests
      of
      their respective companies and stockholders, and presents an opportunity for
      their respective companies to achieve long-term strategic and financial
      benefits;

    

    WHEREAS,
      International Ventures has proposed to acquire Aerospace pursuant to an exchange
      transaction whereby, pursuant to the terms and subject to the conditions of
      this
      Agreement and in accordance with applicable law, Aerospace shall become a wholly
      owned subsidiary of International Ventures (the “Exchange”)
      in
      consideration for the issuance of 3,000,000 shares of common stock of
      International Ventures (the “International
      Ventures Common Stock”)
      to
      Teja;

    

    WHEREAS,
      International Ventures Common Stock to be issued to Teja (the “Issuable
      Shares”)
      shall
      be issued or reserved for issuance, as the case may be, in exchange for 100%
      of
      the shares of capital stock of Aerospace on a fully diluted basis (the
“Aerospace
      Shares”);

    

    WHEREAS,
      the
      obligation of each of the parties to this Agreement to effect the Exchange
      is
      subject to the conditions hereinafter set forth. 

    

    WHEREAS,
      the
      parties intend that the Exchange qualify as a tax free “reorganization” within
      the meaning of Section 368(a)(1)(B) of the Internal Revenue Code of 1986, as
      amended (the “Code”),
      and
      the parties intend this Agreement to qualify as a “plan of reorganization”
within the meaning of Treasury Regulation Sections 1.368-2(g) and
      1.368-3(a).

    

    WHEREAS,
      the
      Parties are executing and delivering this Agreement in reliance upon the
      exemption from securities registration afforded by the provisions of Section
      4(2) of the Securities Act of 1933, as amended (the “Securities
      Act”).

    

    NOW,
      THEREFORE,
      on the
      stated premises and for and in consideration of the mutual covenants and
      agreements hereinafter set forth and the mutual benefits to the Parties to
      be
      derived herefrom, it is hereby agreed as follows:

    
      
         

      

      
        -1-

        
          

        

      

      
         

      

    

    ARTICLE
      I

    REPRESENTATIONS
      AND WARRANTIES OF INTERNATIONAL VENTURES

    

    As
      an
      inducement to, and to obtain the reliance of Aerospace, International Ventures
      represents and warrants, as of the date of this Agreement and as of the Closing
      Date, as follows:

    

    1.1 Organization.
      International Ventures is a company duly organized and validly existing under
      the laws of Nevada and has the corporate power and is duly authorized,
      qualified, franchised, and licensed under all applicable laws, regulations,
      ordinances, and orders of public authorities to own all of its properties and
      assets and to carry on its business.

    

    1.2 Due
      Authorization.
      International Ventures has taken, or will have taken prior to Closing (as
      defined below), all actions required by law, its certificate of incorporation,
      its by-laws, or otherwise to authorize the execution and delivery of this
      Agreement. No authorization, approval, consent, or order of, or registration,
      declaration, or filing with, any court or other governmental body is required
      in
      connection with the execution and delivery by International Ventures of this
      Agreement and consummation by International Ventures of the transactions
      contemplated by this Agreement.

    

    1.3 Absence
      of Violation.
      The
      execution and delivery of this Agreement, and all exhibits hereto does not
      and
      the consummation of the transactions contemplated hereby and thereby will not
      (i) conflict with, violate, result in a breach of or constitute a default under
      any provision of the Articles of Incorporation (as amended) or by-laws or other
      organizational documents of International Ventures; (ii) violate, conflict
      with
      or result in the breach or termination of or modification, or otherwise give
      any
      other contracting party the right to terminate or modify, or constitute a
      default, with or without notice, the lapse of time or both, or cause the
      acceleration of any obligation, under the terms of any contract to which
      International Ventures is a party, (iii) result in the creation of any lien,
      charge or encumbrance upon the properties or other assets of International
      Ventures, or (iv) conflict with, violate, result in a breach of or constitute
      a
      default under any judgment, order, injunction, decree or award against, or
      binding upon, International Ventures or upon any of its properties or
      assets.

    

    1.4 Consents.
      International Ventures is not subject to any law, ordinance, regulation, rule,
      order, judgment, injunction, decree, charter, by-law, contract, commitment,
      lease, agreement, instrument or other restriction of any kind which would
      prevent International Ventures from performing the terms of this Agreement
      or
      any of the transactions contemplated hereby without the consent of any third
      party, or which would require the consent of any third party for the
      consummation of this Agreement or any of the transactions contemplated hereby,
      or which would result in any penalty, forfeiture or other termination as a
      result of such consummation.

    

    1.5 Binding
      Obligation.
      When
      executed by International Ventures, this Agreement and all exhibits hereto
      and
      the representations and warranties contained herein and therein will constitute
      a valid and binding obligation of International Ventures enforceable in
      accordance with their respective terms.

    

    1.6 Capitalization
      and Outstanding Shares.
      At the
      time of Closing, there will be 51,000,000 shares of capital stock of
      International Ventures (the “International
      Ventures Capital Stock”)
      authorized, consisting of 50,000,000 shares of Common Stock and 1,000,000 shares
      of “blank check” preferred stock. At the time of Closing, there will be
      approximately 3,996,000 shares of Common Stock issued and outstanding and no
      shares of Preferred Stock issued and outstanding. Except as set forth in
      Schedule 1.6 and as provided in this Agreement, no person is entitled to any
      rights with respect to the issuance or transfer of International Ventures Common
      Stock. The outstanding International Ventures Capital Stock will on the Closing
      Date be validly issued, fully paid, non-assessable, not subject to pre-emptive
      rights and will have been issued in compliance with all state and federal
      securities laws or other applicable law. 

    

    1.7 Issuable
      Shares.
      The
      Issuable Shares issuable to Teja as the sole holder of the Aerospace Shares
      will
      when issued pursuant to this Agreement, be duly and validly authorized and
      issued, fully paid and non-assessable. 

    

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

    1.8 Compliance
      With Laws and Regulations.
      International Ventures has complied with all applicable statutes and regulations
      of any federal, state, or other governmental entity or agency thereof, except
      to
      the extent that noncompliance would not materially and adversely affect the
      business, operations, properties, assets, or condition of International Ventures
      or except to the extent that noncompliance would not result in the occurrence
      of
      any material liability for International Ventures. 

    

    1.9 Litigation.
      There
      are no claims, actions, suits, proceedings or investigations pending or, to
      the
      knowledge of International Ventures’ management, threatened against
      International Ventures or any of its assets or business or this Agreement or
      any
      exhibit hereto, at law or in equity, by or before any court, arbitrator or
      governmental authority, domestic or foreign.

    

    1.10 No
      Bankruptcy.
      There
      has not been filed any petition or application, nor any proceeding commenced
      by
      or against International Ventures with respect to any assets of International
      Ventures under any law, domestic or foreign, relating to bankruptcy,
      reorganization, fraudulent transfer, compromise, arrangements, insolvency,
      readjustment of debt or creditors' rights, and no assignment has been made
      by
      International Ventures for the benefit of creditors generally. 

    

    1.11 No
      Shareholders’ Agreement.
      Except
      for this Agreement, proxies executed and delivered by certain shareholders
      of
      International Ventures, a Consulting Agreement dated October 2, 2006, as
      amended, among International Ventures, Zahir Teja, and Anney Business Corp.,
      and
      any agreements incorporated as exhibits hereto, there is no agreement which
      governs or purports to govern the shareholdings of International Ventures or
      which restricts or purports to restrict the exercise by any shareholder of
      International Ventures of his rights as a shareholder of International Ventures,
      including, without limitation, any such agreement, arrangement, commitment
      or
      understanding restricting or otherwise relating to the voting, dividend rates
      or
      disposition of the shares (or units or other equity interest, as the case may
      be) of International Ventures.

    

    1.12 Acquisition
      of Equity Securities.
      Except
      as set forth in Schedule 1.6, there is no share option plan or other arrangement
      to acquire any equity securities of International Ventures or securities
      convertible or exercisable into or exchangeable for, or which otherwise confer
      on the holder thereof any right to acquire, any such additional equity
      securities, as the case may be, except as disclosed in this
      Agreement.

    

    1.13 Issuance
      of Shares Exempt from Registration.
      Based
      on and in reliance on the representations, warranties, and covenants of Teja,
      the issuance of the Issuable Shares to Teja is exempt from registration under
      United States federal and state securities laws and regulations.

    

    1.14 No
      Materially Adverse Undisclosed Facts.
      There
      is no fact known to the management of International Ventures which has not
      previously been disclosed in writing to Aerospace which may in the reasonable
      expectation of International Ventures’ management materially adversely affect
      International Ventures or its respective assets, properties, business,
      prospects, operation or condition (financial or otherwise) and no state of
      facts
      is known to the management of International Ventures that would operate to
      prevent International Ventures from continuing to carry on its business in
      the
      manner in which carried on at the date hereof.

    

    1.15 Absence
      of Certain Changes or Events.
      Except
      as contemplated by this Agreement or any transactions or developments
      contemplated hereby, from the date of this Agreement until the completion of
      the
      Closing International Ventures will, other than as disclosed in writing to
      Aerospace, not: (i) incur any liability or obligation whatsoever, secured or
      unsecured, direct or indirect, other than in the ordinary and usual course
      of
      its business; (ii) enter into any contracts or agreements whatsoever, other
      than
      in the ordinary and usual conduct and course of its business; (iii) change
      any
      of its accounting methods, principles, practices or policies; (iv) cease to
      operate its properties, if any, or fail to maintain any of its properties,
      rights and assets consistently with past practices; (v) sell or otherwise in
      any
      way alienate or dispose of any of its assets other than in the ordinary course
      of business and in a manner consistent with past practices; (vi) modify its
      Articles of Incorporation, by-laws or capital structure; (vii) make any dividend
      to any of its shareholders or to any affiliate or associate thereof, or reserve
      or declare any dividend; (viii) other than the ordinary course of business,
      grant to any customer any special allowance or discount, or change its pricing,
      credit or payment policies; (ix) make any loan or advance, or assume, guarantee
      or otherwise become liable with respect to the liabilities or obligations of
      any
      person, or (x) purchase or otherwise acquire any shares or other equity
      security, as the case may be, in any person.

    

    1.16 Reliance.
      All
      representations and warranties of International Ventures contained herein,
      shall
      be deemed to have been relied upon by Aerospace and Teja notwithstanding any
      investigation heretofore or hereafter made by Aerospace or by its counsel and
      shall survive the date hereof and continue in full force and effect for the
      benefit of Aerospace until the limitation period under any applicable tax
      statute has expired or, in all other cases, until the first anniversary of
      the
      date hereof.

    

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

    ARTICLE
      II

    REPRESENTATIONS
      AND WARRANTIES OF AEROSPACE

    

    As
      an
      inducement to, and to obtain the reliance of International Ventures, Aerospace,
      represents and warrants, as of the date of this Agreement and as of the Closing
      Date, as follows:

    

    2.1 Organization.
      Aerospace is a company duly organized, validly existing and in good standing
      under the laws of the State of Nevada and has the corporate power and is duly
      authorized, qualified, franchised, and licensed under all applicable laws,
      regulations, ordinances, and orders of public authorities to own all of its
      properties and assets and to carry on its business. 

    

    2.2 Due
      Authorization.
      Aerospace has taken, or will have taken prior to Closing all actions required
      by
      law, as the case may be, or otherwise to authorize the execution and delivery
      of
      this Agreement. No authorization, approval, consent, or order of, or
      registration, declaration, or filing with, any court or other governmental
      body
      is required in connection with the execution and delivery by Aerospace of this
      Agreement and consummation by Aerospace of the transactions contemplated by
      this
      Agreement.

    

    2.3 Absence
      of Violation.
      The
      execution and delivery of this Agreement, and all exhibits hereto does not
      and
      the consummation of the transactions contemplated hereby and thereby will not
      (i) conflict with, violate, result in a breach of or constitute a default under
      any provision of the Articles of Incorporation (as amended), by-laws, or other
      organizational documents of Aerospace, as applicable; (ii) violate, conflict
      with or result in the breach or termination of or modification, or otherwise
      give any other contracting party the right to terminate or modify, or constitute
      a default, with or without notice, the lapse of time or both, or cause the
      acceleration of any obligation, under the terms of any contract to which
      Aerospace is a party, (iii) result in the creation of any lien, charge or
      encumbrance upon the properties or other assets of Aerospace, or (iv) conflict
      with, violate, result in a breach of or constitute a default under any judgment,
      order, injunction, decree or award against, or binding upon Aerospace, or upon
      any of the properties or assets of Aerospace.

    

    2.4 Consents.
      No
      consent, waiver, approval, order or authorization of, or registration,
      declaration or filing with, any court, administrative agency or commission
      or
      other federal, state, county, local or other foreign governmental authority,
      instrumentality, agency or commission or any third party, including a party
      to
      any agreement with Aerospace, is required by or with respect to Aerospace in
      connection with the execution and delivery of this Agreement or the consummation
      of the transactions contemplated hereby.

    

    2.5 Litigation.
      There
      are no claims, actions, suits, proceedings or investigations pending or
      threatened or reasonably anticipated against or affecting Aerospace or any
      assets or business of either Aerospace or this Agreement or any exhibit hereto,
      at law or in equity, by or before any court, arbitrator or governmental
      authority, domestic or foreign.

    

    2.6 No
      Bankruptcy.
      There
      has not been filed any petition or application, nor any proceeding commenced
      by
      or against Aerospace with respect to any assets of Aerospace under any law,
      domestic or foreign, relating to bankruptcy, reorganization, fraudulent
      transfer, compromise, arrangements, insolvency, readjustment of debt or
      creditors' rights, and no assignment has been made by Aerospace for the benefit
      of creditors generally. 

    

    2.7 No
      Option Plan.
      There
      is no share option plan or similar plan to acquire any additional shares or
      units or other equity interests, as the case may be, of Aerospace or securities
      convertible or exercisable into or exchangeable for, or which otherwise confer
      on the holder thereof any right to acquire, any such additional shares or units
      or equity interests, as the case may be.

    

    2.8 Tax
      Returns.
      All
      required tax returns and information returns and reports of or relating to
      any
      tax and the information and data contained therein have been properly and
      accurately compiled and completed in all material respects, and filed and paid
      in a timely manner with the appropriate taxation authority for
      Aerospace.

    

    
      
         

      

      
        -4-

        
          

        

      

      
         

      

    

    2.9 Guarantees.
      Aerospace has no outstanding contracts or commitments guaranteeing (or
      indemnifying or making contribution to others for breaches in connection with)
      the payment or collection or the performance of the obligations of others,
      and
      neither of them has entered into any deficiency agreements, or issued any
      comfort letters, or otherwise granted any material financial assistance to
      any
      person, firm, corporation or other entity. 

    

    2.10 No
      Materially Adverse Undisclosed Facts.
      There
      is no fact known to the management of Aerospace, which has not previously been
      disclosed in writing to International Ventures, which may in the reasonable
      expectation of Aerospace’s management materially adversely affect Aerospace or
      its respective assets, properties, business, prospects, operation or condition
      (financial or otherwise) and no state of facts is known to the management of
      Aerospace that would operate to prevent Aerospace from continuing to carry
      on
      its business in the manner in which carried on at the date hereof.

    

    2.11 Absence
      of Certain Changes or Events.
      Except
      as contemplated by this Agreement or any transactions or developments
      contemplated hereby, from the date of this Agreement until the completion of
      the
      Closing Aerospace will, other than as disclosed in writing to International
      Ventures, not: (i) incur any liability or obligation whatsoever, secured or
      unsecured, direct or indirect, other than in the ordinary and usual course
      of
      its business; (ii) enter into any contracts or agreements whatsoever, other
      than
      in the ordinary and usual conduct and course of its business; (iii) change
      any
      of its accounting methods, principles, practices or policies; (iv) cease to
      operate its properties, if any, or fail to maintain any of its properties,
      rights and assets consistently with past practices; (v) sell or otherwise in
      any
      way alienate or dispose of any of its assets other than in the ordinary course
      of business and in a manner consistent with past practices; (vi) modify its
      Articles of Incorporation, by-laws or capital structure, (vii) make any dividend
      to any of its shareholders or to any affiliate or associate thereof, or reserve
      or declare any dividend; (viii) other than the ordinary course of business,
      grant to any customer any special allowance or discount, or change its pricing,
      credit or payment policies; (ix) make any loan or advance, or assume, guarantee
      or otherwise become liable with respect to the liabilities or obligations of
      any
      person, or (x) purchase or otherwise acquire any shares or other equity
      security, as the case may be, in any person.

    

    2.12 Reliance.
      All
      representations and warranties of Aerospace contained herein, shall be deemed
      to
      have been relied upon by International Ventures notwithstanding any
      investigation heretofore or hereafter made by International Ventures or by
      its
      counsel and shall survive the date hereof and continue in full force and effect
      for the benefit of International Ventures until the limitation period under
      any
      applicable tax statute has expired or, in all other cases, until the first
      anniversary of the date hereof.

    

    2.13 Contracts.
      As of
      the date hereof and as of the date of the Closing, Aerospace has and will have
      duly performed all of its obligations under all of its contracts with respect
      to
      which it is a party and, to its management’s knowledge, there are no defaults
      thereunder and there will be no defaults thereunder. The contracts are and
      will
      be, as applicable, in full force and effect.

    

    ARTICLE
      III

    REPRESENTATIONS
      AND WARRANTIES OF TEJA

    

    As
      an
      inducement to, and to obtain the reliance of International Ventures, Teja
      represents and warrants, as of the date of this Agreement and as of the Closing
      Date, as follows:

    

    3.1 Ownership
      of Shares.
      Teja
      owns, as of the date of this Agreement and at all times hereafter to the Closing
      will own the amount of shares of Aerospace capital stock set forth next to
      his
      name on Schedule A hereto, which represents all the issued and outstanding
      shares of Aerospace capital stock. Such shares are not subject to any liens
      or
      encumbrances.

    

    3.2 Binding
      Obligation.
      When
      executed by Teja, this Agreement, and all exhibits hereto and the
      representations and warranties contained herein and therein will constitute
      a
      valid and binding obligation of Teja, enforceable in accordance with its
      terms.

    

    3.3 Reliance.
      All
      representations and warranties of Teja contained in this Article III shall
      be
      deemed to have been relied upon by International Ventures notwithstanding any
      investigation heretofore or hereafter made by International Ventures or by
      its
      counsel and shall survive the date hereof and continue in full force and effect
      for the benefit of International Ventures until the first anniversary of the
      date hereof.

    

    
      
         

      

      
        -5-

        
          

        

      

      
         

      

    

    ARTICLE
      IV

    THE
      CLOSING

    

    4.1 The
      Exchange.
      Teja
      agrees to assign, transfer, and deliver to International Ventures, free and
      clear of all liens, pledges, encumbrances, charges, restrictions or known claims
      of any kind, nature, or description, all of the outstanding shares of Aerospace
      common stock constituting 100% of the issued and outstanding shares of Aerospace
      on a fully diluted basis, and International Ventures agrees to acquire such
      shares by issuing and delivering to Teja in exchange therefor an aggregate
      of
      3,000,000 shares of Common Stock.

    

    4.2 Closing.
      The
      parties hereto shall use their best efforts to cause the closing (“Closing”)
      of the
      transactions contemplated by this Agreement to be affected on the Effective
      Date, herein defined; to this end, the parties hereto shall use their best
      efforts to fulfill their respective covenants by the Effective Date
      (“Closing
      Date”).
      For
      the purposes of this Agreement, the “Effective
      Date”
shall
      mean the earlier of (i) 90 days after the filing of the registration statement
      relative to International Ventures common stock or (ii) the date such
      registration statement is declared effective by the Securities and Exchange
      Commission.

    

    ARTICLE
      V

    ADDITIONAL
      AGREEMENTS 

    

    5.1 Restrictions
      on Resale

    

    (i) The
      Issuable Shares.
      The
      Issuable Shares will not be registered under the Securities Act, or the
      securities laws of any state, and cannot be transferred, hypothecated, sold
      or
      otherwise disposed of until; (i) a registration statement with respect to such
      securities is declared effective under the Securities Act, or (ii) International
      Ventures receives an opinion of counsel for the stockholder, reasonably
      satisfactory to counsel for International Ventures that an exemption from the
      registration requirements of the Securities Act is available. 

    

    “THE
      SECURITIES WHICH ARE REPRESENTED BY THIS CERTIFICATE HAVE NOT BEEN REGISTERED
      UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, TRANSFERRED,
      HYPOTHECATED OR OTHERWISE DISPOSED OF UNTIL A REGISTRATION STATEMENT WITH
      RESPECT THERETO IS DECLARED EFFECTIVE UNDER SUCH ACT, OR INTERNATIONAL VENTURES
      RECEIVES AN OPINION OF COUNSEL FOR THE HOLDER REASONABLY SATISFACTORY TO COUNSEL
      FOR International Ventures THAT AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS
      OF SUCH ACT IS AVAILABLE.”

    

    5.2 Officers
      of International Ventures.
      From
      and after the Closing Date, International Ventures shall use its best efforts
      to
      appoint Zahir Teja as its President and Chief Executive Officer, Teja N. Shariff
      as its Chief Financial Officer and Chief Accounting Officer, and Neev Nissenson
      as its Vice President and Secretary. Each of the foregoing officers will serve
      at the pleasure of the Board.

    

    5.3 Directors.
      From
      and after the Closing Date, International Ventures shall use its best efforts
      to
      appoint Zahir Teja and Neev Nissenson as the initial members of the Board of
      Directors of International Ventures. Each of the foregoing directors shall
      serve
      for a term of one year and until their respective successors have been duly
      elected and qualified. In this regard, the parties agree that Anney Business
      Corp. shall have the right to nominate one individual to serve as a member
      of
      the Board and Mr. Teja shall have the right to nominate one individual to serve
      as a member of the Board.

    

    
      
         

      

      
        -6-

        
          

        

      

      
         

      

    

    ARTICLE
      VIII

    MISCELLANEOUS

    

    6.1 Governing
      Law.
      This
      Agreement shall be governed by, enforced, and construed under and in accordance
      with the laws the State of Nevada without regard to its conflicts of laws
      principles.

    

    6.2 Resolution
      of Disputes.

    

    (a) Any
      dispute, controversy or claim arising out of or relating to this Agreement,
      or
      the interpretation, breach, termination or validity hereof, shall first be
      resolved through friendly consultation, if possible. Such consultation shall
      begin immediately after one party has delivered to the other party a written
      request for such consultation (the “Consultation
      Date”).
      If
      the dispute cannot be resolved within 30 days following the Consultation Date,
      the dispute shall be submitted to arbitration upon the request of either party,
      with written notice to the other party.

    

    (b) Arbitration.
      The
      arbitration shall be conducted by a tribunal (the “Tribunal”)
      in
      Carson City or Las Vegas, Nevada under the auspices of the American Arbitration
      Association (“AAA”)
      in
      accordance with the commercial arbitration rules and supplementary procedures
      for international commercial arbitration of the AAA. There shall be three
      arbitrators—one arbitrator shall be chosen by each party to the dispute and
      those two arbitrators shall choose the third arbitrator. All arbitration
      proceedings shall be conducted in English. Each party shall cooperate with
      the
      other in making full disclosure of and providing complete access to all
      information and documents requested by the other party in connection with the
      arbitration proceedings. Arbitration shall be the sole, binding, exclusive
      and
      final remedy for resolving any dispute between the parties; either party may
      apply to any court of competent jurisdiction in the State of New York for
      enforcement of any award granted by the Tribunal.

    

    (c) During
      the period when a dispute is being resolved, except for the matter being
      disputed, the parties shall in all other respects continue to abide by the
      terms
      of this Agreement.

    

    6.3 Notices.
      Any
      notice or other communications required or permitted hereunder shall be
      sufficiently given if personally delivered to it or sent by registered mail
      or
      certified mail, postage prepaid, or by prepaid telegram:

    

    6.4 Schedules;
      Knowledge.
      Each
      party is presumed to have full knowledge of all information set forth in the
      other party's schedules delivered pursuant to this Agreement.

    

    6.5 Entire
      Agreement.
      This
      Agreement represents the entire agreement between the parties relating to the
      subject matter thereof.

    

    6.6 Survival
      of Representations and Warranties.
      The
      representations, warranties, and covenants of the respective parties shall
      survive the Closing Date and the consummation of the transactions herein
      contemplated for a period of two years. All rights and obligations under this
      entire Agreement shall be binding upon and inure to the benefit of the heirs,
      executors, administrators and assigns of the parties.

    

    6.7 Assignment.
      Neither
      this Agreement nor any of the rights, interests or obligations under this
      Agreement shall be assigned by any of the Parties (whether by operation of
      law
      or otherwise) without the prior written consent of the other Parties.

    

    
      
         

      

      
        -7-

        
          

        

      

      
         

      

    

    6.8 Counterparts.
      This
      Agreement may be executed in multiple counterparts, each of which shall be
      deemed an original and all of which taken together shall be but a single
      instrument. For purposes of this Agreement, facsimile signatures may be deemed
      originals.

    

    6.9 Amendment
      or Waiver.
      Every
      right and remedy provided herein shall be cumulative with every other right
      and
      remedy, whether conferred herein, at law, or in equity, and may be enforced
      concurrently herewith, and no waiver by any party of the performance of any
      obligation by the other shall be construed as a waiver of the same of any other
      default then, theretofore, or thereafter occurring or existing. At any time
      prior to the Closing Date, this Agreement may be amended by a writing signed
      by
      all parties hereto, with respect to any of the terms contained herein, and
      any
      term or condition of this Agreement may be waived or the time for performance
      may be extended by a writing signed by the party or parties for whose benefit
      the provision is intended.

    

    6.10 Headings;
      References.
      The
      article, section and paragraph headings contained in this Agreement are for
      reference purposes only and shall not affect in any way the meaning or
      interpretation of this Agreement. All references herein to “Articles” or
“Sections” shall be deemed to be references to Articles or Sections of this
      Agreement unless otherwise indicated. 

    

    6.11 No
      Third Party Beneficiaries.
      Except
      as expressly provided by this Agreement, nothing herein is intended to confer
      upon any person or entity not a Party to this Agreement any rights or remedies
      under or by reason of this Agreement.

    

    6.12 Severability;
      Enforcement.
      Any
      term or provision of this Agreement that is invalid or unenforceable in any
      jurisdiction shall, as to that jurisdiction, be ineffective to the extent of
      such invalidity or unenforceability without rendering invalid or unenforceable
      the remaining terms and provisions of this Agreement or affecting the validity
      or enforceability of any of the terms or provisions of this Agreement in any
      other jurisdiction. If any provision of this Agreement is so broad as to be
      unenforceable, the provisions shall be interpreted to be only so broad as is
      enforceable. 

    

    6.13 Rules
      of Construction.
      The
      Parties agree that they have been represented by counsel during the negotiation
      and execution of this Agreement and, therefore, waive the application of any
      law, regulation, holding or rule of construction providing that ambiguities
      in
      an agreement or other document will be construed against the party drafting
      such
      agreement or document.

    

    

    [The
      rest of this page has been intentionally left blank]

    

    
      
         

      

      
        -8-

        
          

        

      

      
         

      

    

    IN
      WITNESS WHEREOF,
      this
      Agreement has been duly executed and delivered by each party hereto as of the
      date first above written.

    

    

    PHOENIX
      INTERNATIONAL VENTURES, INC.

    

    

    By:
      /s/
      Neev Nissenson________________

    Name:
      Neev Nissenson

    Title:
      Vice President

    

    PHOENIX
      AEROSPACE, INC.

    

    

    By:
      /s/
      Zahir Teja_____________________

    Name:
      Zahir Teja

    Title:
      President & CEO

    

    

    /s/
      Zahir Teja________________________

    Zahir
      Teja, Individually

    

    
      
         

      

      
        -9-

        
          

        

      

      
         

      

    

    Schedule
      A

    

    Zahir
      Teja       20,000
      shares

    
      
         

      

      
        -10-

        
          

        

      

      
         

      

    

    Schedule
      1.6

    Options

    

    

    Except
      as
      described in International Ventures’ Registration Statement dated December __,
      2006 on Form SB-2, International Ventures has no share option plans,
      etc.

    

     

    
      
         

      

      
        -11-Exhibit 10.2

    Exhibit
      10.2

    Dated
      as
      of October 2, 2006

    

    Consulting
      Agreement

    

    Phoenix
      International Ventures Inc (PIV) of Carson City Nevada, PIV is owned Mr. Zahir
      Teja, the Nissenson family and others.

    

    Anney
      Business Corp. (Anney) of British Virgin Islands, is wholly owned by the
      Nissenson family.

    

    PIV
      retains Anney in order develop the business of PIV by adding the experience
      and
      expertise of Anney's management in the fields of defense aerospace industry
      as
      well as financing, business development and public company
      management.

    

    This
      agreement is valid as long as PIV exists and Teja and or the Nissenson family
      directly or indirectly own shares in PIV.

    

    The
      Effective Date shall mean the earlier of (i) ninety (90) days after filing
      of a
      registration statement concerning ’s common stock with the Securities and
      Exchange Commission (“SEC”)
      and
      (ii) the SEC’s declaration of the effectiveness of such registration
      statement.

    

    Anney
      agrees to provide the following services to PIV:

    

    
      	 	
              1.

            	
              Mastermind
                the turning of PIV into a public company under an agreed
                timetable

            

    

     

    
      	
               

            	
              2.

            	
              Assist
                in the public management aspects

            

    

    

    
      	 	
              3.

            	
              Formulate
                strategies for PIV's future growth plans;
                and

            

    

    

    
      	 	
              4.

            	
              Analysis
                of proposed acquisitions;

            

    

    

    
      	 	
              5.

            	
              Seek
                markets for PIV services and products in additional
                countries;

            

    

    

    
      	 	
              6.

            	
              Seek
                finance as loans and/or equity for PIV through private or public
                placements.

            

    

    

    
      
         

      

      
        -1-

        
          

        

      

      
         

      

    

    
      	 	
              7.

            	
              Introduce
                potential customers to PIV's
                business.

            

    

    

    
      	 	
              8.

            	
              Anney
                declares that it is not involved in any business that competes with
                PIV.

            

    

    

    PIV
      in
      agreement with Zahir Teja and Anney Business, Ltd. provides that:

    

    
      	 	
              9.

            	
              Zahir
                Teja, Anney, Haim Nissenson and Neev Nissenson, confirm that all
                their
                business activities and initiatives in the field of Aerospace Defense
                industry are conducted through PIV or by Phoenix Aerospace
                Inc.

            

    

    

    
      	 	
              10.

            	
              Anney
                would have the right to nominate one board member for board member
                Mr.
                Teja’s nominates for PIV's board of directors. In the first stage the
                board of directors will consist of Mr. Zahir Teja as Chairman and
                Mr. Neev
                Nissenson.

            

    

    

    
      	 	
              11.

            	
              Anney
                and Mr. Teja will sign a voting agreement to vote their shares together
                in
                any shareholders meeting.

            

    

    

    
      	 	
              12.

            	
              Anney
                would have the right to nominate a vice president in PIV. The VP
                would be
                a member of the Nissenson family or he will have to be approved by
                Mr.
                Teja. The Vice President will be employed with conditions proportionally
                linked to Mr. Zahir Teja’s compensation (at least 50% of compensation in
                the first year, 60% 2nd
                year and 70% thereafter). The payment will be received directly to
                the
                nominated VP or through management fees. PIV will sign an employment
                agreement with Anney’s nominated
                VP.

            

    

    

    
      	 	
              13.

            	
              Anney
                will receive consulting fees. The consulting fees will be no less
                than
                $120,000 per year. The board shall have the power to increase but
                not to
                decrease Anney's compensation.

            

    

    

    
      	 	
              14.

            	
              Mr.
                Teja shall receive compensation of no less than $120,000 per
                year.

            

    

    

    
      	 	
              15.

            	
              If
                the board reaches the conclusion that the company cannot pay the
                part or
                all of the compensation to Mr. Teja, Anney and Anney’s nominated VP then
                the due payments will be considered as debts of PIV to Mr. Teja,
                Anney and
                Anney’s nominated VP. In any case the shortage in cash for the
                compensation will be tied to Mr. Teja, Anney and Anney’s nominated VP
                compensations together and will be divided proportionally between
                them.
                PIV will pay the debts when it is capable or substitute the payments
                by
                issuing stock (if agreed by the parties).

            

    

    

    
      	 	
              16.

            	
              Anney
                shall be issued an option to purchase up to 330,000 shares of common
                stock. The exercise price shall be $0.5 per share, which the parties
                agree
                is the fair market value of the common stock on the date hereof.
                This
                option shall expire December 31, 2010 and shall vest immediately
                upon
                issuance. The option and the underlying shares of common stock issuable
                upon exercise of the option (the “Option
                Shares”)
                shall be subject to the customary restrictions on transfer. Provided
                Anney
                provides PIV with the customary ‘investor rep’ letter and the transfer
                otherwise complies with federal and state securities law, Anney may
                transfer the all or a portion of the Option Shares to an entity with
                respect to which Anney and its affiliates
                control.

            

    

    

    
      
         

      

      
        -2-

        
          

        

      

      
         

      

    

    
      	 	
              17.

            	
              Anney
                and Mr. Teja will be reimbursed for any (agreed) expenses that derive
                from
                its activities with and for PIV.

            

    

    

    
      	 	
              18.

            	
              Anney
                will have the right to participate under the same terms and conditions
                in
                any investment or transaction that involve equity rights in PIV conducted
                by Zahir Teja at the relative ownership
                portion.

            

    

    

    
      	 	
              19.

            	
              In
                the event that PIV will seek money in a private placement for equity
                or
                any other rights, Anney will have the right of first refusal on any
                transaction or part of it until Dec 31, 2010 or as long as it owns
                over 7%
                of PIV's equity.

            

    

    

    
      	 	
              20.

            	
              Teja
                and Anney agree to a right of first refusal agreement for the sale
                of
                their shares.

            

    

     

    
      	 	
              21.

            	
              Until
                PIV conducts a public offering or its shares are traded on a stock
                market,
                PIV is not permitted to issue any additional shares or equity rights
                without a written agreement from Anney. This right expires when Anney
                no
                longer owns any equity interest or shares in
                PIV.

            

    

    

    
      	 	
              22.

            	
              So
                long as Anney is owned by the Nissenson family it will have the right
                to
                transfer all of its shares, rights and obligations under this agreement
                to
                another company or individual so long as that company is controlled
                by the
                Nissenson Family or the individual is of the Nissenson
                family.

            

    

    

    
      	 	
              23.

            	
              The
                company will set a bonus and success fee program: Mr. Teja and Anney.
                will
                each receive a bonus equal to 1% of the total annual revenues in
                excess of
                $4 Million up to a maximum yearly success fee of $130,000 (each).
                This
                amount will be added to the regular payments due to Mr. Teja and
                Anney
                business. When the amount due reaches the maximum a new and mutually
                agreed formula will be created in order to motivate success. The
                board of
                the directors will review and update the success fee program as it
                decides.

            

    

     

    The
      business purpose of the bonus and success fee is to further motivate The
      President, Mr. Teja, and Anney Business Ltd. to develop PIV's business by
      providing them with additional compensation if and when PIV's revenues
      grow.

    

    Anney
      and
      Mr. Teja will be entitled to a success fee for any financial and/or business
      transactions with material impact on the business of PIV as customary in the
      industry. 

     

    
      
         

      

      
        -3-

        
          

        

      

      
         

      

    

    
      	 	 	 
	 	Agreed
              by
	 
 	 
 	 
 
	
            	By:  	/s/ Zahir
              Teja
	 	
              
Zahir
              Teja, President
	 	Phoenix
              International Ventures Inc.

    
      	 	 	 
	 
 	 
 	 
 
	
            	By:  	/s/ Mr.
              Zahir
              Teja
	 	
              
Mr.
              Zahir Teja
	 	Individual

    

    
      
        	 	 	 
	 
 	 
 	 
 
	
              	By:  	/s/ Haim
                Nissenson
	 	
                
Haim
                Nissenson
	 	Anney
                Business Corp.

      

      
        	 	 	 
	 
 	 
 	 
 
	
              	By:  	/s/ Mr.
                Haim
                Nissenson 
	 	
                
Mr.
                Haim Nissenson 
	 	Representing
                the
                Nissenson family

      

      
        
           

        

        
          -4-

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00116-of-00352.parquet"}]]