Document:

EX 10.2

    STOCK
      PURCHASE AGREEMENT

    

    STOCK
      PURCHASE AGREEMENT (this “Agreement”), dated November
      30, 2006, by and among Sockeye Seafood Group Inc., a Nevada
      corporation (“Buyer”),
      Belchenko Eugene and Lipatov Valeriy (each, a “Seller”), and UniverCompany
      Limited Liability Company, a society with limited liability organized under
      the
      laws
      of
      the Russian Federation (the
      “Company”).

    

    R
      E C
      I T A L S:

    

    A. Sellers
      in the aggregate own one hundred percent (100%) of the issued and outstanding
      shares of capital stock of the Company (the “Seller Shares”).

    

    B. The
      parties hereto desire that Buyer acquire all
      of
      the Seller
      Shares
      upon the terms and subject to the conditions of this Agreement.

     

    NOW
      THEREFORE, in consideration of the mutual covenants and agreements herein,
      and
other
      good and valuable consideration, the adequacy, sufficiency and receipt of which
      are hereby acknowledged, the parties hereto agree as follows:

    

    ARTICLE
      I

    DEFINITIONS
      AND USAGE

    

    1.1
      DEFINITIONS

    

    Certain
      capitalized terms used in this Agreement are defined in Exhibit 1.1 attached
      hereto. 

    

    1.2
      USAGE

    

    (a) Interpretation.
      In this
      Agreement, unless a clear contrary intention appears: (i) the singular number
      includes the plural number and vice versa; (ii) reference to any Person includes
      such Person's successors and assigns,
      if
      applicable, unless
      prohibited by this Agreement, and reference to a Person in a particular capacity
      excludes such Person in any other capacity or in
      such
      Person’s individual capacity;
      (iii)
      reference to any gender includes each other gender; (iv) reference to any
      agreement, document or instrument means such agreement, document or instrument
      as amended or modified and in effect from time to time in accordance with the
      terms thereof; (v) reference to any Legal Requirement means such Legal
      Requirement as amended, modified, codified, replaced or reenacted, in whole
      or
      in part, and in effect from time to time, including rules and regulations
      promulgated thereunder, and reference to any section or other provision of
      any
      Legal Requirement means that provision of such Legal Requirement from time
      to
      time in effect and constituting the substantive amendment, modification,
      codification, replacement or reenactment of such section or other provision;
      (vi) "hereunder," "hereof," "hereto," and words of similar import shall be
      deemed references to this Agreement as a whole and not to any particular
      Article, Section or other provision hereof; (vii) "including" (and with
      correlative meaning "include") means including without limiting the generality
      of any description preceding such term; (viii) "or" is used in the inclusive
      sense of "and/or"; (ix) with respect to the determination of any period of
      time,
      "from" means "from and including" and "to" means "to but excluding"; and (x)
      references to documents, instruments or

    
      
         

      

      
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    agreements
      shall be deemed to refer as well to all addenda, exhibits, schedules or
      amendments thereto.

    

    (b) Accounting
      Terms and Determinations.
      Unless
      otherwise specified herein, all accounting terms used herein shall be
      interpreted and all accounting determinations hereunder shall be made in
      accordance with GAAP.

    

    (c) Legal
      Representation of the Parties.
      The
      parties agree that each party was either represented by its own separate and
      independent counsel or had an opportunity to be so represented in connection
      with this Agreement. This Agreement was negotiated by the parties with the
      benefit of legal representation, and any rule of construction or interpretation
      otherwise requiring this Agreement to be construed or interpreted against any
      party shall not apply to any construction or interpretation hereof.

    

    ARTICLE
      II

    SALE
      OF
      SHARES; CONSIDERATION; CLOSING

    

    2.1
      THE
      SALE

    

    Upon
      the
      terms and subject to the conditions of this Agreement, at the
      Closing:

    

    (a)
      Each
      Seller shall sell, transfer and assign to Buyer, and Buyer shall purchase from
      each Seller, all
      of
such
      Seller’s respective Seller
      Shares
      and any and all rights in the Seller
      Shares
      to which such Seller is entitled, and by doing so Sellers shall be deemed to
      have assigned all of their
      rights,
      title
      and interest in and to the Seller
      Shares
      to Buyer. Such transfer
      of the
Seller
      Shares
      shall be evidenced by stock certificates, duly endorsed in blank or accompanied
      by stock powers duly executed in blank, or other instruments of transfer in
      form
      and substance satisfactory to Buyer.

    

    (b)
      In
      consideration therefor, Buyer shall issue to Sellers forty
      one
      million (41,000,000)
      shares of common stock of Buyer
      (the “Consideration Shares”), which shall be allocated among Sellers as set
      forth on Exhibit A hereto.

     

    2.2
      CLOSING

    

    The
      closing
      of the purchase
      and sale
      transaction
      provided
      for in this Agreement (the "Closing") will take place at the offices of David
      Lubin & Associates, PLLC, 26 E. Hawthorne Avenue, Valley Stream, New York
      11580], upon the satisfaction of the conditions set forth herein to the
      Closing.

    

    2.3
      CLOSING OBLIGATIONS

    

    In
      addition to any other documents to be delivered under any
      other
      provisions of this Agreement, at the Closing:

    

    (a) Sellers
      or Company, as the case may be, shall deliver to Buyer: 

    
      
         

      

      
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    (i)
      stock
      certificates evidencing the Seller
      Shares,
      duly endorsed in blank or accompanied by stock powers duly executed in blank,
      with signatures guaranteed by a commercial bank, or other instruments of
      transfer in form and substance reasonably satisfactory to Buyer; 

    

    (ii)
      the
      stock books, stock ledgers, minute books, and corporate seals of
      Company;

    

    (iii)
      written
      resignations of all the officers and directors of Company;

    

    (iv)
      the
      financial statements and other information required to be filed pursuant to
      the
      Exchange Act with the SEC by Buyer on its Current Report on Form 8-K in
      connection with the Closing;

    

    (v)
      a
      certificate executed by Sellers representing and warranting to Buyer that each
      of Sellers’ representations and warranties in this Agreement was accurate in all
      respects as of the date of this Agreement and is accurate in all respects as
      of
      the Closing Date as if made on the Closing Date (giving full effect to any
      supplements to the Schedules that were delivered by Seller to Buyer prior to
      the
      Closing Date); 

    

    (vi)
      an
      opinion of Sellers’ counsel in the form annexed hereto as Exhibit 2.3(a)(vi);
      and

    

    (vii)
      such other documents and other instruments of transfer and conveyance as may
      be
      requested by Buyer, each in form and substance satisfactory to Buyer and its
      legal counsel and executed by Sellers, if necessary.

    

    (b) Buyer
      shall deliver to Sellers’ Agent:

    

    (i) stock
      certificates evidencing the Consideration Shares; and

    

    (ii) a
      certificate executed by Buyer as to the accuracy of its representations and
      warranties as of the date of this Agreement and as of the Closing and as to
      its
      compliance with and performance of its covenants and obligations to be performed
      or complied with at or before the Closing. 

    

    ARTICLE
      III

    REPRESENTATIONS
      AND WARRANTIES OF SELLERS
      AND COMPANY

    

    Each
      of
      Sellers and Company,
      jointly and severally, represent and warrant to Buyer, as of the date hereof
      and
      as of the Closing Date, as follows:

    

    3.1
      ORGANIZATION
      AND GOOD STANDING

    

    (a) Schedule
      3.1(a) contains a complete and accurate list of Company's jurisdiction of
      organization and any other jurisdictions in which it is qualified to do business
      as a foreign entity. Company is a limited liability society duly organized,
      validly existing and in good standing under the laws of its jurisdiction of
      organization, with full corporate power and authority to conduct
      its

    
      
         

      

      
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    business
      as it is now being conducted, to own or use the properties and assets that
      it
      purports to own or use, and to perform all its obligations under the Company
      Contracts. Company is duly qualified to do business as a foreign entity and
      is
      in good standing under the laws of each state or other jurisdiction in which
      either the ownership or use of the properties owned or used by it, or the nature
      of the activities conducted by it, requires such qualification.

    

    (b) Complete
      and accurate copies of the Governing Documents of Company, as currently in
      effect, are attached to Schedule 3.1(b) hereto.

    

    (c) Company
      has no subsidiaries and does not own any shares of capital stock or other
      securities of any other Person.

    3.2
      ENFORCEABILITY; AUTHORITY; NO CONFLICT

    

    (a) This
      Agreement constitutes the legal, valid and binding obligation of each
Seller
      and
      of
      the
      Company, enforceable against each of them in accordance with its terms. Upon
      the
      execution and delivery by each of Seller and Company
      of this Agreement and each other document
      to be
      executed or delivered by Sellers at the Closing (collectively, the ‘Sellers’
      Closing Documents”), the Sellers’ Closing Documents will constitute the legal,
      valid and binding obligation of each Seller
      and of
      Company,
      enforceable against each of them in accordance with its terms. Each of Sellers
      and the
      Company has the absolute and unrestricted right, power and authority to execute
      and deliver this Agreement and the Sellers’ Closing Documents to which it is a
      party and to perform its obligations under this Agreement and the Sellers’
Closing Documents, and such action has been duly authorized by all necessary
      action of
      Sellers
      and Company.
      Each of Sellers and Company
      has all necessary legal capacity to enter into
      and
      deliver
      this
      Agreement and the Sellers’ Closing Documents to which it is a party and to
      perform such its obligations hereunder and thereunder. 

    

    (b) Neither
      the execution and delivery of this Agreement nor the consummation or performance
      of any of the Contemplated Transactions will, directly or indirectly (with
      or
      without notice or lapse of time):

    

    (i) breach
      (A) any
      provision of any of the Governing Documents of Company or (B) any resolution
      adopted by the board of directors or the shareholders of Company; 

    

    (ii) breach
      or give
      any Governmental Body or other Person the right to challenge any of the
      Contemplated Transactions or to exercise any remedy or obtain any relief under
      any Legal Requirement or Order
      to
      which Company or any Seller,
      or any Assets,
      may be subject;

    

    (iii) contravene,
      conflict with or result in a violation or breach of any of the terms or
      requirements of, or give any Governmental Body the right to revoke, withdraw,
      suspend, cancel, terminate or modify, any Governmental Authorization that is
      held by Company or that otherwise relates to the Assets or to the business
      of
      Company;

    

    (iv) breach
      any
      provision of, or give any Person the right to declare a default or exercise
      any
      remedy under, or to accelerate the maturity or performance of, or payment under,
      or to cancel, terminate or modify, any Company Contract; or

    
      
         

      

      
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    (v) result
      in
      the imposition or creation of any Encumbrance upon or with respect to any of
      the
      Assets.

    

    (c) Neither
      Company nor any Seller
      is
      required to give any notice to or obtain any Consent from any Person in
      connection with the execution and delivery of this Agreement
      or any
      of the Sellers’ Closing Documents
      or the
      consummation or performance of any of the Contemplated
      Transactions.

    

    3.3
      CAPITALIZATION

    

    (a)
      Schedule 3.3(a) correctly and completely sets forth: (i) the authorized
share
      capital
      of Company;
      and (ii) the number of shares of each class of capital stock of Company
      issued and outstanding. Sellers are and will be on the Closing Date the sole
      shareholders of the Company. Each Seller is and will be on the Closing Date
      the
      record and beneficial owner of such Seller’s respective Seller
      Shares,
      free and clear of all Encumbrances. The
      Seller
      Shares
      constitute one hundred percent
      (100%)
      of
      the
      issued and outstanding shares of capital stock of the Company. The
      Seller
      Shares
      have been duly authorized and validly issued and are fully paid and
      non-assessable. All of the outstanding equity securities of Company were issued
      in compliance with any applicable securities laws, and any other Legal
Requirements.

    

    (b)
      There
      are no Contracts relating to the issuance, sale or transfer of any equity
      securities or other securities of Company, including but
      not
      limited to, any
      of
      the following: options, warrants, agreements, or other rights relating
      to
      the
      acquisition of shares of Company's
      capital stock; securities or other obligations of Company convertible
      into shares of Company's
      capital stock; or sale agreements, shareholder agreements, pledges, proxies,
      voting trusts, powers of attorney, restrictions on transfer or other agreements
      or instruments binding
      up
      on
      Sellers
      (exclusive of any agreement to which Buyer
      is
      a party) and that relate to the ownership, voting or transfer of any shares
      of Company's
      capital stock. 

    

    3.4
      FINANCIAL STATEMENTS

    

    The
      financial statements previously delivered by Company to Buyer and to be
      delivered to Buyer as required hereunder fairly present the financial condition
      and the results of operations, changes in shareholders'
      equity
      and cash flows of Company as at the respective dates of and for the periods
      referred to in such financial statements, all in accordance with GAAP. The
      financial statements referred to in this Section 3.4 reflect and will reflect
      the consistent application of such accounting principles throughout the periods
      involved, except as disclosed in the notes to such financial statements. The
      financial statements have been and will be prepared from and are in accordance
      with the accounting Records of Company. 

    

    3.5
      BOOKS
      AND RECORDS

    

    The
      books
      of account and other financial and other Records of Company, all of which have
      been made available to Buyer, are complete and correct,
      represent actual, bona fide transactions,
      and have
      been maintained in accordance with sound business practices. The minute books
      of
      Company,

    
      
         

      

      
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    all
      of
      which have been made available to Buyer, contain accurate and complete Records
      of (a)
      all
      shareholder
      meetings
      held and
      all
      shareholder
      action
      taken,
      and (b)
      all meetings of Company’s
      board of
      directors and committees of Company’s
      board of
      directors,
      and no
      meeting of any such shareholders, board of directors or committees
      has been
      held for which minutes have not been prepared or are not contained in such
      minute books.

    

    3.6
      TANGIBLE PERSONAL PROPERTY; SUFFICIENCY OF ASSETS

    

    (a)
       Schedule
      3.6(a) is a complete and accurate schedule describing, and specifying the
      location of, all the Assets. Company owns good and marketable title to all
      of
      the Assets, free and clear of any Encumbrances, and none of the Assets is held
      under any lease, security agreement, conditional sales contract, license, or
      other title retention or security arrangement, or is located other than in
      the
      possession of Company.

    

    (b)
       The
      Assets (i) constitute all of the assets, tangible and intangible, of any nature
      whatsoever, necessary to operate Company's business in the manner presently
      operated by Company and (ii) include all of the operating assets of
      Company.

    

    3.7
      DESCRIPTION OF REAL PROPERTY

    

    (a)
      Schedule 3.7(a) identifies all tracts, parcels and subdivided lots of
      Real
      Property in
      which
      Company has an ownership interest.

    

    (b)
      Schedule 3.7(b) identifies all tracts, parcels and subdivided lots of
      Real
      Property in
      which
      Company has a leasehold interest and an accurate description (by location,
      name
      of lessor, effective
      date and
      term
      expiry date) of all Real
      Property Leases.

     

    3.8
      TITLE
      TO REAL PROPERTY

    

    Company
      owns good and marketable title to its respective estates in the Real Property,
      free and clear of any Encumbrances, other than: (i) liens for Taxes for the
      current tax year which are not yet due and payable; and (ii) those described
      in
      Schedule 3.8(a) ("Real Property
      Encumbrances"). True and complete copies of (A) all deeds, existing title
      insurance policies and surveys of or pertaining to the Real Property and (B)
      all
      instruments, agreements and other documents evidencing, creating or constituting
      any Real Property
      Encumbrances have been delivered to Buyer. At the time of Closing, the Real
      Property
      shall be
      free and clear of all Real Property
      Encumbrances other than those identified on Schedule 3.8(a) as acceptable to
      Buyer ("Permitted Real Property
      Encumbrances").

    

    3.9
      CONDITION OF FACILITIES

    

    (a) Use
      of
      the Real Property for the various purposes for which it is presently being
      used
      is permitted as of right under all applicable zoning requirements
      and is not subject to "permitted nonconforming" use or structure
      classifications. All Improvements are in compliance with all applicable Legal
      Requirements, including those pertaining to zoning, building and the disabled,
      are in good repair and in good condition, ordinary wear and tear excepted,
      and
      are free from latent and

    
      
         

      

      
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    patent
      defects. No part of any Improvement encroaches on any real property not included
      in the definition
      of Real
      Property, and there are no buildings, structures, fixtures or other Improvements
      primarily situated on adjoining real
      property
      that
      encroach
      up
      on any
      part of the Land. The Land for each owned Facility abuts on and has direct
      vehicular access to a public road or has access to a public road via a
      permanent, irrevocable, appurtenant easement benefiting such Land and comprising
      a part of the Real Property, is supplied with public or quasi-public utilities
      and other services appropriate for the operation of the Facilities located
      thereon and is not located within any flood plain or area subject to wetlands
      regulation or any similar restriction. There is no existing or proposed plan
      to
      modify or realign any street or highway or any existing or proposed eminent
      domain proceeding that would result in the taking of all or any part of any
      Facility or that would prevent or hinder the continued use of any Facility
      as
      heretofore used in the conduct of the business of Seller.

    

    (b) Each
      item
      of Tangible Personal Property is in good repair and good operating condition,
      ordinary wear and tear excepted, is suitable for immediate use in the Ordinary
      Course of Business and is free from latent and patent defects. No item of
      Tangible Personal Property is in need of repair or replacement other than as
      part of routine maintenance in the Ordinary Course of Business. All Tangible
      Personal Property used in Company's business is in the possession of
      Company.

    

    3.10
      ACCOUNTS RECEIVABLE

    

    All
      Accounts Receivable that are reflected on the Balance Sheet or the Interim
      Balance Sheet or on the accounting Records of Company as of the Closing Date
      represent or will represent valid obligations arising from sales actually made
      or services actually performed by Company in the Ordinary Course of Business.
      Except to the extent paid prior to the Closing Date, such Accounts Receivable
      are or will be as of the Closing Date current and collectible net of the
      respective reserves shown on the Balance Sheet or the Interim Balance Sheet
      (which reserves are adequate and calculated consistent with past practice).
      Subject to such reserves, each of such Accounts Receivable either has been
      or
      will be collected in full, without any setoff, within ninety (90) days after
      the
      day on which it first becomes due and payable. There is no contest, claim,
      defense or right of setoff, other than returns in the Ordinary Course of
      Business of Company, under any Contract with any account debtor of an Account
      Receivable relating to the amount or validity of such Account Receivable.

    

    3.11
      INVENTORIES

    

    All
      items
      included in the Inventories consist of a quality and quantity usable and, with
      respect to finished goods, saleable, in the Ordinary Course of Business of
      Company. Company is not in possession of any inventory not owned by Company,
      including goods already sold, and no items included in the Inventories have
      been
      pledged as collateral or are held on consignment from others. All of the
      Inventories have been valued at the lower of cost or market value on a first
      in,
      first out basis. Inventories now on hand that were purchased after the date
      of
      the Balance Sheet or the Interim Balance Sheet were purchased in the Ordinary
      Course of Business of Company at a cost not exceeding market prices prevailing
      at the time of purchase. The quantities of each item
      falling
      within the definition
      of
      Inventories (whether raw materials, work-in-process or finished goods)
      are

    
      
         

      

      
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    not
      excessive but are reasonable in the present circumstances of Company.
      Work-in-process Inventories are now valued, and will be valued on the Closing
      Date, according to GAAP.

    

    3.12
      NO
      UNDISCLOSED LIABILITIES

    

    Except
      as
      set forth on Schedule 3.12, Company has no Liabilities, except for Liabilities
      reflected or reserved against in the Balance Sheet or the Interim Balance Sheet
      and current Liabilities
      incurred
      in the Ordinary Course of Business of Seller since the date of the Interim
      Balance Sheet.

    

    3.13
      TAXES

    

    (a) Tax
      Returns Filed and Taxes Paid.
      Company
      has filed or caused to be filed on a timely basis all Tax Returns and all
      reports with respect to Taxes that are or were required to be filed pursuant
      to
      all
      applicable Legal Requirements. All Tax Returns and reports filed by Company
      are
      true, correct and complete. Company has paid, or made provision for the payment
      of, all Taxes that have or may have become due for all periods covered by the
      Tax Returns or otherwise, or pursuant to any assessment received by Company,
      except such Taxes, if any, as are listed in Schedule 3.13(a) and are being
      contested in good faith and as to which adequate reserves (determined in
      accordance with GAAP) have been provided in the Balance Sheet and the Interim
      Balance Sheet. Except as provided in Schedule 3.13(a), Company currently is
      not
      the beneficiary of any extension of time within which to file any Tax Return.
      No
      claim has ever been made or is expected to be made by any Governmental Body
      in a
      jurisdiction where Company does not file Tax Returns that it is or may be
      subject to taxation in
      that
      jurisdiction. There are no Encumbrances on any of the Assets that arose in
      connection with any failure (or alleged failure) to pay any Tax, and Company
      has
      no Knowledge of any basis for assertion of any claims attributable to Taxes
      which, if adversely determined, would result in any such
      Encumbrance.

    

    (b) Delivery
      of Tax Returns and Information Regarding Audits and Potential
      Audits.
      Company
      has delivered or made available to Buyer copies of, and Schedule 3.13(b)
      contains a complete and accurate list of, all Tax Returns filed since January
      1,
      2005. Schedule 3.13(b)
      contains a complete and accurate list of all Tax Returns of Company that have
      been audited or are currently under audit and accurately describes any
      deficiencies or other amounts that were paid or are currently being contested.
      To the Knowledge of Company, no undisclosed deficiencies are expected to be
      asserted with respect to any such audit. All deficiencies proposed as a result
      of such audits have been paid, reserved against, settled or are being contested
      in good faith by appropriate proceedings as described in Schedule 3.13(b).
      Company has delivered, or made available to Buyer, copies of any examination
      reports, statements or deficiencies or similar items with respect to such
      audits. Except as provided in Schedule 3.13(b), Company has no Knowledge that
      any Governmental Body is likely to assess any additional Taxes
      for any
      period for which Tax Returns have been filed. There is no dispute or claim
      concerning any Taxes of Company either (i) claimed or raised by any Governmental
      Body in writing or (ii) as to which Company has Knowledge. Schedule 3.13(b)
      contains a list of all Tax Returns for which the applicable statute of
      limitations has not run. Except as described in Schedule 3.13(b), Company has
      not given or been requested to give waivers or extensions (or is or would be
      subject to a waiver or extension given by any other Person) of any statute
      of
      limitations relating to the payment of Taxes by
      Company
      or for which Company may be liable.

    
      
         

      

      
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    (c) Proper
      Accrual.
      The
      charges, accruals and reserves with respect to Taxes on the Records of Company
      are adequate (determined in accordance with GAAP) and are at least equal to
      Company's liability for Taxes. There exists no proposed Tax
      assessment or deficiency against Company.

    

    (d) Specific
      Potential Tax Liabilities and Tax Situations.

    

    (i) Withholding.
      All
      Taxes that Company is or was required by Legal Requirements to withhold, deduct
      or collect have been duly withheld, deducted or
      collected and, to the extent required, have been paid to the proper Governmental
      Body or other Person.

    

    (ii) Tax
      Sharing or Similar Agreements.
      There
      is no Tax
      sharing
      agreement, Tax
      allocation agreement, Tax
      indemnity obligation or similar written or unwritten agreement, arrangement,
      understanding or practice with respect to Taxes (including any advance pricing
      agreement, closing agreement or other arrangement relating to Taxes) that will
      require any payment by Company.

     

    3.14
      NO
      MATERIAL ADVERSE CHANGE

    

    Since
      the
      date of the Balance Sheet, there has not been any material adverse change in
      the
      business, operations, prospects, Assets,
      results
      of operations or condition (financial or otherwise)
      of
      Company, and no event has occurred or circumstance exists that may result in
      such a material adverse change. Since the date of the Balance Sheet,
Company
      has conducted its business only in the Ordinary Course of Business and there
      has
      not been any:

    

    (a) change
      in
      Company's authorized or issued capital stock, grant of any stock option or
      right
      to purchase shares of capital stock of Company,
      or
      issuance of any security convertible into such capital stock;

    

    (b) amendment
      to the Governing Documents of Company;

    

    (c) payment
      (except in the Ordinary Course of Business) or increase by Company of any
      bonuses, salaries or other compensation to any Seller, director, officer or
      employee or entry into any employment, severance or similar Contract with any
      director, officer or employee;

    

    (d) adoption
      of, amendment to,
      or
      increase in the payments to or benefits
      arising
      under,
      any Employee Plan;

    

    (e) damage
      to
      or destruction or loss of any Asset, whether or not covered by
      insurance;

    

    (f) entry
      into, termination of or receipt of notice of termination of (i) any license,
      distributorship, dealer, sales representative, joint venture, credit or similar
      Contract to which Company is a party, or (ii) any Contract or transaction
      involving a total remaining commitment by Company of at least
      $10,000;

    
      
         

      

      
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          9 -

        
          

        

      

      
         

      

    

    (g) sale
      (other than sales of Inventories in the Ordinary Course of Business), lease
      or
      other disposition of any Asset or property of Company (including the
      Intellectual Property Assets) or the creation of any Encumbrance on any
      Asset;

    

    (h) cancellation
      or waiver of any claims or rights with a value to Company in excess of
      $10,000;

    

    (i) indication
      by any customer or supplier of an intention to discontinue or change the terms
      of its relationship with Company; 

    

    (j) material
      change in the accounting methods used by Company; or

    

    (k) entry
      by
      Company
      into any
      Contract
      to do
      any of the foregoing.

    

    3.15
      PERSONNEL MATTERS

    

    (a)
      Schedule 3.15(a) sets forth a correct and complete list of each director,
      officer, employee, independent contractor, consultant and agent of Company,
      including but
      not
      limited to, each
      employee on leave of absence or layoff status. No retired employee, director,
      of
      officer of Company is receiving benefits or scheduled to receive benefits in
      the
      future.

    

    (b)
      Company
      is not a party to any employment, consulting or similar agreement, written
      or
      oral, with any Person, other than as listed in Schedule 3.15 (b). 

    

    (c)
      No
      employees of Company
      are represented by any labor union or similar organization.  Company
      is not party to any collective bargaining or similar agreement covering any
      of
      its employees. No labor union or similar organization or group of employees
      has
      made a demand for recognition, filed a petition seeking a representation
      proceeding or given Company
      notice of any intention to hold an election of a collective bargaining
      representative at any time during the past three (3)
      years.

    

    (d) Company
      does not, and has
      never
      had,
      any
      "employee benefit plans" as defined by Section 3(3) of the Employee Retirement
      Income Security Act of 1974, pension, retirement, bonus, profit-sharing, stock
      option, or other such arrangements providing for employee remuneration or
      benefits (the “Employee Plans”).

    

    (e)
       Company
      has complied in all respects with all Legal Requirements relating to employment
      practices, terms and conditions of employment, equal employment opportunity,
      nondiscrimination, immigration, wages, hours, benefits, collective bargaining,
      the payment of social security and similar Taxes and occupational safety and
      health. The Company is not liable for the payment of any Taxes, fines,
      penalties, or other amounts, however designated, for failure to comply with
      any
      of the foregoing Legal Requirements.

    

    (f) To
      the
      Knowledge of any Seller or Company,
      no officer, director, agent, employee, consultant, or contractor of Company
      is
      bound by any Contract that purports to limit the ability of such officer,
      director, agent, employee, consultant, or contractor to engage in or continue
      or

    
      
         

      

      
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          10 -

        
          

        

      

      
         

      

    

    perform
      any activity,
      duties or practice relating to the business of Company. No former or current
      employee of Company is a party to, or is otherwise bound by, any Contract that
      in any way
      has
      adversely affected, affects, or will affect the ability of Company or Buyer
      to
      conduct the business as heretofore carried on by Company.

    

    3.16
      COMPLIANCE WITH LEGAL REQUIREMENTS; GOVERNMENTAL AUTHORIZATIONS

    

    (a) Company
      is, and at all times has been, in full compliance with each Legal Requirement
      that is or was applicable to it or to the conduct or operation of its business
      or the ownership or use of any of its Assets.
      No event has occurred or circumstance exists that (with or without notice or
      lapse of time) may constitute or result in a violation by Company of, or a
      failure on the part of Company to comply with, any Legal Requirement or may
      give
      rise to any obligation on the part of Company to undertake, or to bear all
      or
      any portion of the cost of, any remedial action of any nature.
      Company
      has not received any notice or other communication (whether oral or written)
      from any Governmental Body or any other Person regarding any actual, alleged,
      possible or potential violation of, or failure to comply with, any Legal
      Requirement or any actual, alleged, possible or potential obligation on the
      part
      of Company to undertake, or to bear all or any portion of the cost of, any
      remedial action of any nature. 

    

    (b) Schedule
      3.16(b) contains a complete and accurate list of each Governmental Authorization
      that is held by Company or that otherwise relates to Company's business or
      the
      Assets. Each Governmental Authorization listed or required to be listed in
      Schedule 3.16(b) is valid and in full force and effect. Except as set forth
      in
      Schedule 3.16(b):

    

    (i) Company
      is, and has been, in full compliance with all of the terms and requirements
      of
      each Governmental Authorization identified or required to be identified in
      Schedule 3.16(b);

    

    (ii) no
      event
      has occurred or circumstance exists that may (with or without notice or lapse
      of
      time) (A) constitute or result directly or indirectly in a violation of or
      a
      failure to comply with any term or requirement of any Governmental Authorization
      listed or required to be listed in Schedule 3.16(b) or (B) result directly
      or
      indirectly in the revocation, withdrawal, suspension, cancellation or
      termination of, or any modification to, any Governmental Authorization listed
      or
      required to be listed in Schedule 3.16(b);

    

    (iii) Company
      has not received any notice or other communication (whether oral or written)
      from any Governmental Body or any other Person regarding (A) any actual,
      alleged, possible or potential violation of or failure to comply with any term
      or requirement of any Governmental Authorization or (B) any actual, proposed,
      possible or potential revocation, withdrawal, suspension, cancellation,
      termination of or modification to any Governmental Authorization;
      and

    

    (iv) all
      applications required to have been filed for the renewal of the Governmental
      Authorizations listed or required to be listed in Schedule 3.16(b) have been
      duly filed on a timely basis with the appropriate Governmental Bodies, and
      all
      other filings required to have been made

    
      
         

      

      
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          11 -

        
          

        

      

      
         

      

    

    with
      respect to such Governmental Authorizations have been duly made on a timely
      basis with the appropriate Governmental Bodies.

    

    (v) The
      Governmental Authorizations listed in Schedule 3.16(b) collectively constitute
      all of the Governmental Authorizations necessary to permit Company to lawfully
      conduct and operate its business in the manner in which it currently conducts
      and operates such business and to permit Company to own and use its Assets
      in the
      manner in which it currently owns and uses such Assets.

    

    3.17
      LEGAL PROCEEDINGS; ORDERS

    

    (a) There
      is
      no pending or threatened Proceeding: (i) by or against Company or that otherwise
      relates to or may affect the business of, or any of the Assets
      owned or
      used by, Company; or (ii) that challenges, or that may have the effect of
      preventing, delaying, making illegal or otherwise interfering with, any of
      the
      Contemplated Transactions. To the Knowledge of Company or any Seller, no event
      has occurred or circumstance exists that is reasonably likely to give rise
      to or
      serve as a basis for the commencement of any such Proceeding. 

    

    (b) There
      is
      no Order to which Company, its business or any of the Assets is subject. To
      the
      Knowledge of Company or any Seller, no officer, director, agent or employee
      of
      Company is subject to any Order that prohibits such officer, director, agent
      or
      employee from engaging in or continuing any conduct, activity or practice
      relating to the business of Company.

    

    (c) Company
      is
      and
      has
      at all
      times been
      in
      compliance with all of the terms and requirements of each Order to which it
      or
      any of the Assets is or has been subject. No event has occurred or circumstance
      exists that is reasonably likely to constitute or result in (with or without
      notice or lapse of time) a violation of or failure to comply with any term
      or
      requirement of any Order to which Company or any of the Assets is subject;
      and

    

    (d) Company
      has not received any notice or other communication (whether oral or written)
      from any Governmental Body or any other Person regarding any actual, alleged,
      possible or potential violation of, or failure to comply with, any term or
      requirement of any Order to which Company or any of the Assets is or has been
      subject.

    

    3.18
      CONTRACTS; NO DEFAULTS

    

    (a) Schedule
      3.18(a) contains an accurate and complete list
      of,
      and
      Company has delivered to Buyer
      accurate
      and complete copies of,
      each
      Company Contract. Schedule 3.18(a) contains
      a summary of all material terms of
      such
      Contracts, including the parties thereto,
      the
      amount of the remaining commitment of Company under the Contracts,
      and the
      location to
      the
      execution copies of such
      Contracts are located.

    

    (b) Except
      as
      set forth in Schedule 3.18(a), Seller has no
      rights
      and is not subject
      to any obligations
      or liabilities
      under,
      any Contract that relates to the business of Company or any of the
      Assets.

    
      
         

      

      
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          12 -

        
          

        

      

      
         

      

    

    (c) Except
      as
      set forth in Schedule 3.18(c):

    

    (i) each
      Contract identified or required to be identified in Schedule 3.18(a) is in
      full
      force and effect and is valid and enforceable in accordance with its
      terms;

    

    (ii) to
      the
      Knowledge of Company and
      any
      Seller, no Contract identified or required to be identified in Schedule 3.18(a)
      will,
      upon
      completion or performance thereof,
      have a
      material adverse effect
      on the
      business, Assets
      or
      condition of Company or the business to be conducted by Buyer employing
      the
      Assets.

    

    (d) Except
      as
      set forth in Schedule 3.18(d):

    

    (i) Company
      is, and at all times has been, in compliance with all applicable terms and
      requirements of each Company Contract being
      assumed by Buyer;

    

    (ii) each
      other Person that has or had any obligation or liability under any Company
      Contract is, and at all times has been, in full compliance with all applicable
      terms and requirements of such Contract;

    

    (iii) no
      event
      has occurred or circumstance exists that (with or without notice or lapse of
      time) may contravene, conflict with or result in a Breach of, or give Company
      or
any
      other
      Person the right to declare a default or exercise any remedy under, or to
      accelerate the maturity or performance of, or payment under, or to cancel,
      terminate or modify, any Company Contract being
      assigned to or assumed by Buyer;

    

    (iv) no
      event
      has occurred or circumstance exists under or by virtue of any Contract that
      (with or without notice or lapse of time) would trigger
      the
      creation of any Encumbrance affecting any of the Assets; and

    

    (v) Company
      has not given to or received from any other Person any notice or other
      communication (whether oral or written) regarding any actual, alleged, possible
      or potential violation or Breach of, or default under, any Contract being
      assigned to or assumed by Buyer.

    

    (e) There
      are
      no renegotiations of, attempts to renegotiate or outstanding rights to
      renegotiate any material amounts paid or payable to Company under any
      Contracts with any Person having the contractual or statutory right to demand
      or
      require such renegotiation and no such Person has made
      oral
      or
      written
      demand for such renegotiation.

    

    (f) Each
      Contract relating to the sale, design, manufacture or provision of products
      or
      services by Company has been entered into in the Ordinary Course of Business
      of
      Company and has been entered into without the commission of any act alone or
      in
      concert with any other Person, or any consideration having been paid or
      promised, that is or would be in violation of any Legal
      Requirement.

    
      
         

      

      
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          13 -

        
          

        

      

      
         

      

    

     

    3.19
      INSURANCE

    

    (a) Company
      has delivered to Buyer accurate and complete copies of all policies of insurance
      (and correspondence relating to coverage thereunder) to which Company is a
      party, a list of which is included in Schedule 3.19(a).

    

    (b) Schedule
      3.19(b) describes all obligations of Company to provide insurance coverage
      to
      Third Parties (for example, under Leases or service agreements) and identifies
      the policy under which such coverage is provided.

    

    (c) All
      policies of insurance to which Company is a party or that provide coverage
      to
      Company: (i) are valid, outstanding and enforceable; (ii) are issued by an
      insurer that is financially sound and reputable; (iii) taken together, provide
      adequate insurance coverage for the Assets and the operations of Company for
      all
      risks normally insured against by a Person carrying on the same business or
      businesses as Company in the same location or
      locations and
      for
      all risks to which Company is normally subject;
      and
      (iv) are sufficient for compliance with all Legal Requirements and Company
      Contracts;

    

    (d)
       Company
      has not received (i) any refusal of coverage or any notice that a defense will
      be afforded with reservation of rights or (ii) any notice of cancellation or
      any
      other indication that any policy of insurance is no longer in full force or
      effect or that the issuer of any policy of insurance is not willing or able
      to
      perform its obligations thereunder. Company has paid all insurance
      premiums
      as,
      and
      when due,
      and
      has otherwise performed all of its obligations
      under
      each policy of insurance to which it is a party or that lists
      Company
      as a
      beneficiary.
      Company
      has given notice to all
      insurers
      of
any
      claims
      that may be submitted
      under said policies of insurance.

    

    3.20
      ENVIRONMENTAL MATTERS

    

    Except
      as
      disclosed in Schedule 3.20:

    

    (a) Company
      is, and at all times has been, in full compliance with, and has not been and
      is
      not in violation of or liable under, any Environmental Law. Neither
      Company
      nor any Seller has any basis to expect, nor has any of them or any other Person
      for whose conduct they are or may be held deemed
      responsible received
      any
      actual or threatened Order,
      notice
      or other communication from (i) any Governmental Body or private citizen acting
      in the public interest or (ii) the current or any
      prior
      owner or operator of any Facilities, of any actual or potential violation or
      failure to comply with any Environmental Law, or of any actual or potential
      liability for
      any
      Environmental, Health and Safety Liabilities with respect to any Facility or
      other property or Asset
      (whether
      real, personal or mixed) in which Company has or had an interest, or
at
      which
      Hazardous Materials were generated, manufactured, refined, transferred,
      imported, used or processed by Company or any other Person for whose conduct
      it
      is or may be held responsible, or from which Hazardous Materials have been
      transported, treated, stored, handled, transferred, disposed, recycled or
      received.

    
      
         

      

      
        -
          14 -

        
          

        

      

      
         

      

    

    (b) There
      are
      no pending or, to the Knowledge of Company or any Seller, threatened claims,
      Encumbrances, or other restrictions of any nature resulting from any
      Environmental, Health and Safety Liabilities or arising under or pursuant to
      any
      Environmental Law affecting
      any Facility or any other property or asset (whether real, personal or mixed)
      in
      which Company has or had an interest.

    

    (c) Neither
      of
      Company nor any Seller has any Knowledge of or any basis to expect, nor has
      any
      of them, or any other Person for whose conduct any
      of
      them
      are or
      may be held responsible, received, any citation, directive, inquiry, notice,
      Order, summons, warning or other communication that relates to Hazardous
      Activity, Hazardous Materials, or any alleged, actual, or potential violation
      or
      failure to comply with any Environmental Law, or of any alleged, actual, or
      potential obligation to undertake or bear the cost of any Environmental, Health
      and Safety Liabilities with respect to any Facility or property or Asset
      (whether
      real, personal or mixed) in which Company has or had an interest, or
at
      which
      Hazardous Materials
      were
      generated, manufactured, refined, imported,
      used or processed by Company or any other Person for whose conduct it is or
      may
      be held responsible,
      or from
      which Hazardous Materials
      have
      been transported, treated, stored, handled, transferred, disposed, recycled
      or
      received.

    

    (d) Neither
      Company nor any other Person for whose conduct it is or may be held responsible
      has any Environmental, Health and Safety Liabilities with respect to any
      Facility or, to the Knowledge of Company, with respect to any other property
      or
Asset
      (whether
      real, personal or mixed) in which Company (or any predecessor) has or had an
      interest or at any property geologically or hydrologically adjoining any
      Facility or any such other property or Asset.

    

    (e) There
      are
      no Hazardous Materials present on or in the Environment at any Facility or
      at
      any geologically or hydrologically adjoining property, including any Hazardous
      Materials contained in barrels, aboveground or underground storage tanks,
      landfills, land deposits, dumps, equipment (whether movable or fixed) or other
      containers, either temporary or permanent, and deposited or located in land,
      water, dumps,
      or any
      other part of the Facility or such adjoining property, or incorporated into
      any
      structure therein or thereon. Neither Company nor any Person for whose conduct
      it is or may be held responsible, or to the Knowledge of Company, any other
      Person, has permitted or conducted, or is aware of, any Hazardous Activity
      conducted with respect to any Facility or any other property or Assets
      (whether
      real, personal or mixed) in which Company has or had an interest except in
      full
      compliance with all applicable Environmental Laws.

    

    (f) There
      has
      been no Release or, to the Knowledge of Company, Threat of Release, of any
      Hazardous Materials at or from any Facility or at any other location where
      any
      Hazardous Materials were generated, manufactured, refined, transferred,
      produced, imported, used, or processed or
      from
      any other property or Asset
      (whether
      real, personal or mixed) in which Company has or had an interest, or to the
      Knowledge of Company any geologically or hydrologically adjoining property,
      whether by Company or any other Person.

    

    (g) Company
      has delivered to Buyer true and complete copies and results of any reports,
      studies, analyses, tests, or monitoring possessed or initiated by Company
      pertaining to Hazardous Materials or Hazardous Activities in, on, or under
      the
      Facilities, or concerning compliance, by

    
      
         

      

      
        -
          15 -

        
          

        

      

      
         

      

    

    Company
      or any other Person for whose conduct it is or may be held responsible, with
      Environmental Laws.

    

    3.21
      INTELLECTUAL PROPERTY ASSETS

    

    (a) The
      term
      "Intellectual Property Assets" means all intellectual property owned or licensed
      (as licensor or licensee) by or
      to
Company,
      including: (i) Company's name, all assumed fictional business names, trade
      names, registered and unregistered trademarks, service marks and applications
      (collectively, "Marks"); (ii) all patents, patent applications and inventions
      and discoveries that may be patentable (collectively, "Patents"); (iii) all
      registered and unregistered copyrights in both published works and unpublished
      works (collectively, "Copyrights"); (iv) all rights in mask works; (v) all
      know-how, trade secrets, confidential or proprietary information, customer
      lists, Software, technical information, data, process technology, plans,
      drawings and blue prints (collectively, "Trade Secrets"); and (vi) all rights
      in
      internet web sites and internet domain names presently used by Company
      (collectively "Net Names”).

    

    (b) Schedule
      3.21(b) contains a complete and accurate list and summary description, including
      any royalties paid or received by Company, and Company has delivered to Buyer
      accurate and complete copies, of all Company Contracts relating to the
      Intellectual Property Assets. There are no outstanding and no threatened
      disputes or disagreements with respect to any such Contract.

    

    (c)
      The
      Intellectual Property Assets are all those necessary for the operation of
      Company's business as it is currently conducted. Company is the owner or
      licensee of all right, title and interest in and to each of the Intellectual
      Property Assets, free and clear of all Encumbrances, and has the right to use
      without payment to a Third Party all of the Intellectual Property Assets, other
      than in respect of licenses listed in Schedule 3.21(c).

    

    (d)
      All
      former and current employees of Company have executed written Contracts with
      Company assigning
      to
      Company all rights to any inventions, Improvements,
      discoveries or information relating to the business of Company.

    

    (e)
      Schedule 3.21(e) contains a complete and accurate list and summary description
      of all Patents. All of the issued Patents are currently in compliance with
      formal legal requirements (including payment of filing, examination and
      maintenance fees and proofs of working or use), are valid and enforceable,
      and
      are not subject to any maintenance fees or taxes or actions falling due within
      ninety (90) days after the Closing Date. No Patent has been or is now involved
      in any interference, reissue, reexamination, or opposition Proceeding. There
      is
      no potentially interfering patent or patent application of any Third
      Party.

    

    (f) Except
      as
      set forth in Schedule 3.21(e), (A) no Patent is infringed or, to the Knowledge
      of Company or any Seller, has been challenged or threatened in any way and
      (B)
      none of the products manufactured or sold, nor any process or know-how used,
      by
      Company infringes or is alleged to infringe any patent or other proprietary
      right of any other Person.

    

    (g) All
      products made, used or sold under the Patents have been marked with the proper
      Patent
      notice.

    
      
         

      

      
        -
          16 -

        
          

        

      

      
         

      

    

     

    (h) Schedule
      3.21(h) contains a complete and accurate list and summary description of all
      Marks. All Marks have been registered with the United States Patent and
      Trademark Office, are currently in compliance with all formal Legal Requirements
      (including the timely post-registration filing of affidavits of use and
      incontestability and renewal applications), are valid and enforceable and are
      not subject to any maintenance fees or Taxes
      or
      actions falling due within ninety (90) days after the Closing Date. No Mark
      has
      been or is now involved in any opposition, invalidation or cancellation
      Proceeding and, to the Knowledge of Company or any Seller, no such action is
      threatened with respect to any of the Marks. To the Knowledge of Company or
      any
      Seller, there is no potentially interfering trademark or trademark application
      of any other Person. No Mark is infringed or, to Company's Knowledge, has been
      challenged or threatened in any way. None of the Marks used by Company infringes
      or is alleged to infringe any trade name, trademark or service mark of any
      other
      Person. All products and materials containing a Mark bear the proper federal
      registration notice where permitted by law.

    

    (i)
      Schedule 3.21(i) contains a complete and accurate list and summary description
      of all Copyrights. All of the registered Copyrights are currently in compliance
      with formal Legal Requirements, are valid and enforceable, and are not subject
      to any maintenance fees or taxes or actions falling due within ninety (90)
      days
      after the date of Closing. No Copyright is infringed or, to the Knowledge of
      Company or any Seller, has been challenged or threatened in any way. None of
      the
      subject matter of any of the Copyrights infringes or is alleged to infringe
      any
      copyright of any Third Party or is a derivative work based upon the work of
      any
      other Person. All works encompassed by the Copyrights have been marked with
      the
      proper Copyright
      notice.

    

    (j) With
      respect to each Trade Secret, the documentation relating to such Trade Secret
      is
      current, accurate and sufficient in detail and content to identify and explain
      it and to allow its full and proper use without reliance on the Knowledge
      or
      memory of any individual. Company has taken all reasonable precautions to
      protect the secrecy, confidentiality and value of all Trade Secrets (including
      the enforcement by Company of a policy requiring each employee or contractor
      to
      execute proprietary information and confidentiality agreements,
      and all
      current and former employees and contractors of Company have executed such
      an
      agreement). Company has good title to and an absolute right to use the Trade
      Secrets. The Trade Secrets are not part of the public Knowledge
      or
      literature and, to the Knowledge of Company or any Seller, have not been used,
      divulged or appropriated either for the benefit of any Person (other than
      Company) or to the detriment of Company. No Trade Secret is subject to any
      adverse claim or has been challenged or threatened in any way or infringes
      any
      intellectual property right of any other Person.

    

    (k)
       Schedule
      3.21(k) contains a complete and accurate list and summary description of all
      Net
      Names. 

    

    3.22
      RELATIONSHIPS WITH RELATED PERSONS

    

    Except
      as
      disclosed in Schedule 3.22, neither Company nor any Seller
      nor any Related Person of any of the
      aforementioned
      has any
      interest in any property (whether real, personal or mixed and whether tangible
      or intangible) used in or pertaining to Company's business. Neither Company
      nor
      any Seller
      nor any Related Person of any of the
      aforementioned
      owns
      or,
      since
      January 1, 2005, has

    
      
         

      

      
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          17 -

        
          

        

      

      
         

      

    

    owned,
      whether
      of
      record
      or as a beneficial owner, an equity interest or any other financial or profit
      interest in any Person that has (a) had business dealings or a material
      financial interest in any transaction with Company other than business dealings
      or transactions disclosed in Schedule 3.22, each of which has been conducted
      in
      the Ordinary Course of Business with Company at substantially prevailing market
      prices and on substantially prevailing market terms or (b) engaged in
      competition with Company with respect to any line of the products or services
      of
      Company (a "Competing Business") in any market presently served by Company,
      except for ownership of less than one percent (1%) of the outstanding capital
      stock of any Competing Business that is publicly traded on any recognized
      exchange or in the over-the-counter market. Except as set forth in Schedule
      3.22, neither Company nor any Seller
      nor any Related Person of any of the
      aforementioned
      is a
      party to any Contract with, or has any claim or right against,
      Company.

    

    3.23
      BROKERS OR FINDERS

    

    Except
      as
      disclosed in Schedule 3.23, neither
      Company,
      any Seller,
      nor any of their
      respective
      Representatives has
      or
have
      incurred any obligation or Liability,
      contingent or otherwise, for brokerage or finders' fees or agents' commissions
      or other similar payments in connection with the sale of the Seller
      Shares
      or the Company's business or the Assets or the Contemplated
      Transactions.

    

    3.24
      SECURITIES LAW MATTERS

    

    (a) Each
      Seller understands that the Consideration Shares are being offered and made
      in
      reliance on one or more exemptions from the registration requirements of United
      States federal and state securities laws and that Buyer
      is
      relying upon the truth and accuracy of the representations, warranties,
      agreements, acknowledgments and understandings of Sellers
      set forth herein in order to determine the applicability of such exemptions
      and
      the suitability of Sellers
      to acquire the Consideration Shares. 

    

    (b)
       Each
      Seller is acquiring the Consideration Shares for such
      Seller’s
      own account and not with a view to their
      distribution within the meaning of Section 2(11) of the Securities Act. Except
      as set forth in Schedule 3.24, no
      Seller
      is a
      U.S.
      person (as that term is defined in Regulation S Promulgated under the Securities
      Act). Except as set forth in Schedule 3.24, each Seller is an “accredited
      investor” (as that term is defined in Rule 501 of the General Rules and
      Regulations under the Securities Act by reason of Rule 501(a)(3)), and each
      Seller is (i) experienced in making investments of the kind described in this
      Agreement and the related documents, (ii) 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 Buyer or any of its
      affiliates or selling agents), to protect its own interests in connection with
      the Contemplated
      Transactions,
      and
      (iii) able to afford the entire loss of its
      investment in the Consideration Shares. Each Seller has been provided an
      opportunity for a reasonable period of time prior to the date hereof to obtain
      additional information concerning the Consideration Shares, Buyer,
      and all
      other information to the extent Buyer
      possesses such information or can acquire it without unreasonable effort or
      expense.

    

    (c)
       Each
      Seller understands that the Consideration Shares shall be “restricted” (as that
      term is defined in Rule 144 promulgated under the Securities Act), and each
      certificate representing the Consideration Shares shall be endorsed with one
      or
      more of the following restrictive legends, in

    
      
         

      

      
        -
          18 -

        
          

        

      

      
         

      

    

    addition
      to any other legend required to be placed thereon by applicable federal or
      state
      securities laws:

    

    (A) “THE
      SECURITIESARE BEING OFFERED TO INVESTORS WHO ARE NOT U.S. PERSONS (AS DEFINED
      IN
      REGULATION S UNDER THE SECURITIES ACT OF 1933, AS AMENDED (“THE SECURITIES
      ACT”)) AND WITHOUT REGISTRATION WITH THE UNITED STATES SECURITIES AND EXCHANGE
      COMMISSION UNDER THE SECURITIES ACT IN RELIANCE UPON REGULATION S PROMULGATED
      UNDER THE SECURITIES ACT.”

    

    (B) “TRANSFER
      OF THESE SECURITIES IS PROHIBITED, EXCEPT IN ACCORDANCE WITH THE PROVISIONS
      OF
      REGULATION S, PURSUANT TO REGISTRATION UNDER THE SECURITIES ACT, OR PURSUANT
      TO
      AVAILABLE EXEMPTION FROM REGISTRATION. HEDGING TRANSACTIONS MAY NOT BE CONDUCTED
      UNLESS IN COMPLIANCE WITH THE SECURITIES ACT.”

    

    3.25
      DISCLOSURE

    

    (a) No
      representation,
      warranty
      or other statement made by Company or any Seller
      in
      this Agreement, the Schedules, any supplement to the Schedules, or
      the
      certificates delivered pursuant to Section 2.3(a) or otherwise in connection
      with the Contemplated Transactions contains any untrue statement of
      material fact or
      omits
      to state a material fact necessary to make any of them, in light of the
      circumstances in which it was made, not misleading.

    

    (b) No
      Seller
      nor the Company has Knowledge of any fact that has specific application to
      Company (other than general economic or industry conditions) or the Seller
      Shares
      and that may materially adversely affect the Seller
      Shares
      or the Assets,
      business, prospects, financial condition or results of operations of Company
      that has not been set forth in this Agreement. No
      event,
      condition, or other matter, or any series of events, conditions or other
      matters, currently
      exists that, individually
      or in the aggregate, adversely affects
      the
Seller
      Shares
      or the Company's Assets,
      business, prospects, financial condition or results of its operations that
      has
      not been specifically disclosed to Buyer in writing by Company.

     

    ARTICLE
      IV

    REPRESENTATIONS
      AND WARRANTIES OF BUYER

    

    Buyer
      represents and warrants to Company and Sellers, as of the date hereof and as
      of
      the Closing Date, as follows:

    

    4.1
      ORGANIZATION AND GOOD STANDING

    

    Buyer
      is
      a corporation duly organized, validly existing and in good standing under the
      laws of the State of Nevada
      with
      full corporate power and authority to conduct its business as it is now
      conducted.

    
      
         

      

      
        -
          19 -

        
          

        

      

      
         

      

    

    4.2
      AUTHORITY; NO CONFLICT

    

    (a) This
      Agreement constitutes the legal, valid and binding obligation of Buyer,
      enforceable against Buyer in accordance with its terms. Upon the execution
      and
      delivery by Buyer of the other documents
      to be
      executed or delivered by Buyer at Closing (collectively, the "Buyer's Closing
      Documents"), each of the Buyer's Closing Documents will constitute the legal,
      valid and binding obligation of Buyer, enforceable against Buyer in accordance
      with its respective terms. Buyer has the absolute and unrestricted right, power
      and authority to execute and deliver this Agreement and the Buyer's Closing
      Documents and to perform its obligations under this Agreement and the Buyer's
      Closing Documents, and such action has been duly authorized by all necessary
      corporate action.

    

    (b) Neither
      the execution and delivery of this Agreement by Buyer nor the consummation
      or
      performance of any of the Contemplated Transactions by Buyer will give any
      Person the right to prevent, delay or otherwise interfere with any of the
      Contemplated Transactions pursuant to: (i)any provision of Buyer's Governing
      Documents; (ii) any resolution adopted by the board of directors of Buyer;
      (iii)
      any Legal Requirement or Order to which Buyer may be subject; or (iv) any
      Contract to which Buyer is a party or by which Buyer may be bound. Buyer is
      not
      and will not be required to obtain any Consent from any Person in connection
      with the execution and delivery of this Agreement or the consummation or
      performance of any of the Contemplated Transactions.

    

    4.3 CAPITALIZATION

    

    Schedule
      4.3(a) correctly and completely sets forth: (i) the authorized share
      capital
      of the
      Company; and (ii) the number of shares of each class of capital stock of
Buyer
      issued
      and outstanding.

    

    4.4 FILINGS
      WITH THE SEC

    

    To
      the
      best of Buyer's
      knowledge, the Buyer
      has not
      provided to Company
      or any Seller
      any
      information that, according to applicable law, rule or regulation, should
not
      have
      been
      disclosed publicly prior to the date hereof by Buyer,
      but
      which has been
      so
      disclosed. As of their respective dates, the documents filed by Buyer
      with the
      SEC (the “SEC Documents”) complied in all material respects with the
      requirements of the Securities Act of or the Exchange Act, as the case may
      be,
      and other federal, state and local laws, rules and regulations applicable to
      such SEC Documents, and none of the SEC Documents contained any untrue statement
      of a material fact or omitted to state a material fact required to be stated
      therein or necessary in order to make the statements therein, in light of the
      circumstances under which they were made, not misleading. The financial
      statements of Buyer
      included
      in the SEC Documents comply as to form and substance in all material respects
      with applicable accounting requirements and the published rules and regulations
      of the SEC or other applicable rules and regulations with respect thereto.
      Such
      financial statements have been prepared in accordance with generally accepted
      accounting principles applied on a consistent basis during the periods involved
      (except (a) as may be otherwise indicated in such financial statements or the
      notes thereto or (b) in the case of unaudited interim statements, to the extent
      they may not include footnotes or may be condensed or summary statements) and
      fairly present in all material respects the financial position of Buyer
      as of
      the dates thereof and the results

    
      
         

      

      
        -
          20 -

        
          

        

      

      
         

      

    

    of
      operations and cash flows for the periods then ended (subject, in the case
      of
      unaudited statements, to normal year-end audit adjustments).

    

    4.5 VALID
      ISSUANCE

    

    The
      Consideration
      Shares, issued
      in
      accordance with the terms hereof
      and
      on
      the basis
      of the
      representations and warranties of the Seller set forth herein, may and shall
      be
      properly issued by Buyer
      to
Sellers
      pursuant
      to any applicable federal or state law. When issued and paid for as herein
      provided, the Consideration Shares shall be duly and validly issued, fully
      paid,
      and nonassessable.

    

    4.6
      CERTAIN PROCEEDINGS

    

    There
      is
      no pending Proceeding that has been commenced against Buyer that
      challenges
      or may
      have the effect of preventing, delaying, making illegal or otherwise interfering
      with, any of the Contemplated Transactions. To Buyer's Knowledge, no such
      Proceeding has been threatened.

    

    4.7
      BROKERS OR FINDERS

    

    Except
      as
      disclosed on Schedule 4.7, neither Buyer nor any of its Representatives
has
      incurred
      any obligation or Liability,
      contingent or otherwise, for brokerage or finders' fees or agents' commissions
      or other similar payments
      in
      connection with the Contemplated Transactions.

     

    ARITCLE
      V

    COVENANTS
      PRIOR TO CLOSING

    

    5.1
      ACCESS AND INVESTIGATION

    

    Between
      the date of this Agreement and the Closing Date, and upon reasonable advance
      notice, Sellers’ Agent and Company, on the one hand, and Buyer on the other
      hand, shall (a) afford the other parties
      and
      their
      respective
      Representatives full and free access, during regular business hours, to
their
      respective employees, officers, directors and agents,
      properties, Contracts, Governmental Authorizations, books and Records and other
      documents and data, such rights of access to be exercised in a manner that
      does
      not unreasonably interfere with their
      respective
      operations; (b) furnish the other parties
      with
      copies of all such Contracts, Governmental Authorizations, books and Records
      and
      other existing documents and data as the other parties
      may
      reasonably request; (c) furnish the other parties
      with
      such additional financial, operating and other relevant data and information
      as
      the other parties
      may
      reasonably request; and (d) otherwise cooperate and assist, to the extent
      reasonably requested by the other parties,
      with
      the other parties’
      investigation of the properties, Assets
      and
      financial condition.
      In
      addition, the other parties
      shall
      have the right to have the real property and Tangible Personal Property
      inspected by them,
      at
their
      sole
      cost and expense, for purposes of determining the physical condition and legal
      characteristics of the real property and Tangible Personal
      Property.

    

    5.2
      OPERATION OF THE BUSINESS AND CONDUCT OF SELLERS PRIOR TO
      CLOSING

    
      
         

      

      
        -
          21 -

        
          

        

      

      
         

      

    

    (a)
      Between the date of this Agreement and the Closing, Company shall (and Sellers
      shall cause Company to):

    

    (i) conduct
      its business only in the Ordinary Course of Business;

    

    (ii) except
      as
      otherwise directed by Buyer in writing, and without making any commitment on
      Buyer's behalf, use its Best Efforts to maintain
      its
      current business organization
      intact,
      keep
      available the services of its officers, employees and agents,
      and
      maintain its relationship
      and good
      will with suppliers, customers, landlords, creditors, employees, agents and
      others having business relationships with it;

    

    (iii) confer
      with Buyer prior to implementing operational decisions of a material
      nature;

    

    (iv) otherwise
      report periodically to Buyer concerning the status of its business, operations
      and finances;

    

    (v) make
      no
      material changes in employment
      status of employees having managerial responsibilities or officers or
      directors
      without
      prior consultation with Buyer;

    

    (vi) maintain
      the Assets in a state of repair and condition that complies with Legal
      Requirements and is consistent with the requirements and normal conduct of
      Company's business;

    

    (vii) keep
      in
      full force and effect, without amendment, all material
      contractual and other contractual and other
      rights
      relating to Company's business;

    

    (viii) comply
      with all Legal Requirements and contractual obligations applicable to the
      operations of Company's business;

    

    (ix) continue
      insurance
      coverage in
      full
      force and effect under
      the
      policies
      of
      insurance
      set
      forth in Schedule 3.19 or substantially equivalent policies;

    

    (x) cooperate
      with Buyer and assist Buyer in identifying the Governmental Authorizations
      required for
      Buyer to
      operate the business from and after the Closing Date and either transferring
      existing Governmental Authorizations of Company to Buyer, where permissible,
      or
      obtaining new Governmental Authorizations for Buyer;

    

    (xi) upon
      request of
      Buyer
from
      time
      to time, execute and deliver all documents, make all truthful oaths, testify
      in
      any Proceedings and do all other acts that may be reasonably necessary or
      desirable in the opinion of Buyer to consummate the Contemplated Transactions,
      all without further consideration; and

    

    (xii) maintain
      all books and Records of Company relating to Company's business in the Ordinary
      Course of Business.

    

    (b)
       Between
      the date of this Agreement and the Closing, no
      Seller
      shall:

    
      
         

      

      
        -
          22 -

        
          

        

      

      
         

      

    

    (i)
      sell,
      transfer or otherwise dispose of any of the Seller
      Shares
      or any interest in the Seller
      Shares
      and or
      agree to
      do any of the foregoing;

    

    (ii)
      accept
      any dividend or other distribution in respect of any of the Seller
      Shares;

     

    (iii)
      incur,
      make, assume or suffer to exist any Encumbrance or other matter affecting title
      to any of the Seller
      Shares;

     

    (iv)
      enter
      into any shareholder agreements, voting trusts, restrictions on transfer or
      other agreements or instruments that would be binding on the Buyer as the owner
      of the Seller
      Shares;
or

    

    (v)
      take
any
      action,
      that
      would result in any of the Seller’s representations and warranties in this
      Agreement being
      untrue and incorrect and each Seller shall use its
      best
      efforts to prevent the occurrence of any event or the existence of any
      condition.

    

    5.3
      NEGATIVE COVENANT

    

    Except
      as
      otherwise expressly permitted herein, between the date of this Agreement and
      the
      Closing Date, Company shall not, and Seller shall not permit Company to, without
      the prior written Consent of Buyer, (a) take any affirmative action, or fail
      to
      take any reasonable action within its control, as a result of which any of
      the
      changes or events listed in Section 3.14 would be likely to occur; (b) make
      any
      modification to any material Contract or Governmental Authorization; (c) allow
      the levels of raw materials, supplies or other materials included in the
      Inventories to vary materially from the levels customarily
      maintained
      in the
      Ordinary Course of Business;
      or (d)
      enter into any compromise or settlement of any litigation, proceeding or
      governmental investigation relating to Company, its Assets, or its
      business.

    

    5.4
      REQUIRED APPROVALS

    

    As
      promptly as practicable after the date of this Agreement, Company shall make
      all
      filings required by Legal Requirements to be made by it in order to consummate
      the Contemplated Transactions. Company and Seller also shall cooperate with
      Buyer and its Representatives with respect to all filings that Buyer elects
      to
      make or, pursuant to Legal Requirements, shall be required to make in connection
      with the Contemplated Transactions. Company and Seller also shall cooperate
      with
      Buyer and its Representatives in obtaining all Material Consents.

    

    5.5
      NOTIFICATION

    

    Between
      the date of this Agreement and the Closing, each
      Seller
and
      Company
      shall promptly notify Buyer in writing upon becoming aware of (a) any fact
      or
      condition that causes or constitutes a Breach of any of Company's
      representations and warranties made as of the date of this Agreement or (b)
      the
      occurrence after the date of this Agreement of any fact or condition that would
      or be reasonably likely to (except as expressly contemplated by this Agreement)
      cause or constitute a Breach of any such representation or warranty had that
      representation or warranty been made as of the time of the occurrence of, or
      Company's or such
      Seller's
      discovery of, such fact or condition.

    
      
         

      

      
        -
          23 -

        
          

        

      

      
         

      

    

    Should
      any such fact or condition require any change to the representations an
      warranties made herein, the Company and
      the
      applicable
      Sellers
      shall promptly deliver to Buyer a supplement to the Schedules attached hereto
      specifying such change. Such delivery shall not affect any rights of Buyer
      under
      Section 9.2 and Article 11. During the same period, Company and each
      Seller shall
      also
promptly
      notify Buyer of the occurrence of any Breach of any covenant of Company or
      such
      Seller or
      of the
      occurrence of any event that may make the satisfaction of the
      conditions
      set
      forth
      in
      Article 7 impossible or unlikely.

    

    5.6
      NO
      NEGOTIATION

    

    Until
      such time as this Agreement shall have
      been
      terminated pursuant to Section 9.1, neither Company nor any Seller
      shall directly or indirectly solicit, initiate, encourage or entertain any
      inquiries or proposals from, discuss or negotiate with, provide any nonpublic
      information to or consider the merits of any inquiries or proposals from any
      Person (other than Buyer) relating to any business combination transaction
      involving Company, including but
      not
      limited to the
      sale
      by any Seller of Company's stock, the merger or consolidation of Company or
      the
      sale of Company's business or any of the Assets (other than in the Ordinary
      Course of Business). Company and Sellers shall notify Buyer of any such inquiry
      or proposal within twenty-four (24) hours of receipt or awareness of the same
      by
      Company or
      any
      Seller.

    

    5.7
      BEST
      EFFORTS

    

    Company
      and Sellers shall use their Best Efforts to cause the conditions in Article
      7
      and Section 8.3 to be satisfied.

    

    5.8
      PAYMENT
      OF LIABILITIES

    

    Company
      shall pay or otherwise satisfy in the Ordinary Course of Business all of its
      Liabilities and obligations. 

    

    5.9
      COOPERATION WITH RESPECT TO FINANCIAL REPORTING

    

    After
      the
      date of this Agreement, Sellers and Company shall reasonably cooperate with
      Buyer in connection with Buyer's preparation of financial statements and other
      information required
      for Buyer’s filings with the SEC under the Exchange Act, including
      but not
      limited to,
      Buyer’s
      Current Report on Form 8-K that is to be filed with the SEC pursuant to the
      Exchange Act in connection with the Closing.

     

    ARTICLE
      VI

    COVENANTS
      OF BUYER PRIOR TO CLOSING

    

    6.1
      BEST
      EFFORTS

    

    Buyer
      shall use its Best Efforts to cause the conditions in Article 8 and Section
      7.3
      to be satisfied.

    

      
        
           

        

        
          -
            24 -

          
            

          

        

        
           

        

      

    

     

    ARTICLE
      VII

    CONDITIONS
      PRECEDENT TO BUYER’S OBLIGATION TO CLOSE

    

    Buyer's
      obligation to purchase the Seller
      Shares
      and to take the other actions required to be taken by Buyer at the Closing
      is
      subject to the satisfaction, at or prior to the Closing, of each of the
      following conditions (any of which may be waived by Buyer, in whole or in
      part):

    

    7.1
      ACCURACY OF REPRESENTATIONS

    

    All
      of
      Sellers’ and Company’s representations and warranties in this Agreement
      (considered collectively), and each of these representations and warranties
      (considered individually), shall have been accurate in all material respects
      as
      of the date of this Agreement, and shall be accurate in all material respects
      as
      of the time of the Closing as if then made, without giving effect to any
      supplement to the Schedules.

    

    7.2
      COMPANY'S PERFORMANCE

    

    All
      of
      the covenants and obligations that Company and Seller are required to perform
      or
with
      which Company and Seller are required to
      comply pursuant
      to this Agreement at or prior to the Closing (considered collectively), and
      each
      of these covenants and obligations (considered individually), shall have been
      duly performed and complied with in all material respects.

    

    7.3
      CONSENTS

    

    Each
      of
      the Consents identified in Schedule 7.3 (the "Material Consents") shall have
      been obtained and shall be in full force and effect.

    

    7.4
      ADDITIONAL DOCUMENTS

    

    Company
      and Seller shall have caused the documents and instruments required by Section
      2.3(a) and the following documents to be delivered (or tendered subject only
      to
      Closing) to Buyer:

    

    (a) The
      articles of incorporation and all amendments thereto of Company, duly certified
      as of a recent date by the appropriate officials of the jurisdiction of
      Company's organization; 

    

    (b) If
      requested by Buyer, any Consents or other instruments that may be required
      to
      permit Buyer's qualification in each jurisdiction in which Company is licensed
      or qualified to do business as a foreign corporation;

    

    (c) Releases
      of all Encumbrances on the Assets;

    

    (e) Certificates
      dated as of a date not earlier than the third Business
      Day
      prior to
      the Closing as to the good standing of Company, executed by the appropriate
      officials in each jurisdiction in which Company is licensed or qualified to
      do
      business as a foreign corporation as specified in Schedule 3.1(a);

    
      
         

      

      
        -
          25 -

        
          

        

      

      
         

      

    

    (f) Such
      other documents as Buyer may request for the purpose of: (i) evidencing the
      accuracy of any of Company's representations and warranties; (ii) evidencing
      the
      performance by Company or Sellers
      of, or
      the compliance by Company or Sellers
      with,
      any covenant or obligation required to be performed or complied with by Company
      or Sellers;
      (iii)
      evidencing the satisfaction of any condition referred to in this Article 7;
      or
      (iv) otherwise facilitating the consummation or performance of any of the
      Contemplated Transactions; and

    

    (g) The
      financial statements of the Company, audited in accordance with GAAP, pursuant
      to the rules and regulations of the SEC, and the information required to be
      filed by Buyer in the Current Report on Form 8-K with respect to this
      transaction.

    

    7.5
      NO
      PROCEEDINGS

    

    Since
      the
      date of this Agreement, there shall not have been commenced or threatened
      against Buyer, or against any Related Person of Buyer, any Proceeding (a)
      involving any challenge to, or seeking Damages or other relief in connection
      with, any of the Contemplated Transactions or (b) that may have the effect
      of
      preventing, delaying, making illegal, imposing limitations or conditions on
      or
      otherwise interfering with any of the Contemplated Transactions.

    

    7.6
      NO
      CONFLICT

    

    Neither
      the consummation nor the performance of any of the Contemplated Transactions
      will, directly or indirectly (with or without notice or lapse of time),
      contravene or conflict with or result in a violation of or cause Buyer or any
      Related Person of Buyer to suffer any adverse consequence under (a) any
      applicable Legal Requirement or Order or (b) any Legal Requirement or Order
      that
      has been published, introduced or otherwise proposed by or before any
      Governmental Body, excluding bulk
      sales laws.

    

    7.7
      GOVERNMENTAL AUTHORIZATIONS

    

    Buyer
      shall have received such Governmental Authorizations as are necessary or
      desirable to allow Buyer to operate the Company’s business
      from and
      after the Closing.

    

    7.8
      SATISFACTION WITH DUE DILIGENCE

    

    Buyer’s
      due diligence investigation shall not have indicated that any of the information
      provided for in the Agreement or provided
      by any Seller
      or Company
      is inaccurate, incomplete or untrue in any way, and Buyer’s due diligence
      investigation shall not have revealed any facts, circumstances, liabilities
      or
      conditions that
      Buyer
      considers,
      may
      adversely affect the value or prospects of the Seller
      Shares
      or the Company or that may expose the Company to any liability not heretofore
      fully disclosed to Buyer.

    

    7.9
      FINANCIAL INFORMATION

    

    Company
      shall have prepared and delivered to Buyer the financial statements referred
      to
      in Sections 3.4 and other information required to be filed pursuant to the
      Exchange Act with the SEC

    
      
         

      

      
        -
          26 -

        
          

        

      

      
         

      

    

    by
      Buyer
      on its Current Report on Form 8-K in connection with the Closing.

    

    7.10
      SECURITIES LAW MATTERS

    

    Sellers
      shall be non-U.S. Persons
      (as
      defined in Regulation S promulgated under the Securities Act), except that
      not
      more than thirty-five (35) of Sellers may
      be
      non-accredited U.S. investors, and the offer and issuance of the Consideration
      Shares shall not be in violation of the applicable federal or state securities
      laws. 

     

    ARTICLE
      VIII

    CONDITIONS
      PRECEDENT TO SELLERS’ AND
      COMPANY’S OBLIGATION
      TO CLOSE

    

    Sellers’
      obligation to sell the Seller
      Shares
      and to take the other actions required to be taken by Company at the Closing
      is
      subject to the satisfaction, at or prior to the Closing, of each of the
      following conditions (any of which may be waived by
      Sellers
      and
      Company
      in whole or in part):

    

    8.1
      ACCURACY OF REPRESENTATIONS

    

    All
      of
      Buyer's representations and warranties in this Agreement (considered
      collectively), and each of these representations and warranties (considered
      individually), shall have been accurate in all material respects as of the
      date
      of this Agreement and shall be accurate in all material respects as of the
      time
      of the Closing as if then made.

    

    8.2
      BUYER'S PERFORMANCE

    

    All
      of
      the covenants and obligations that Buyer is required to perform or with
      which Buyer is required to
      comply pursuant
      to this Agreement at or prior to the Closing (considered collectively), and
      each
      of these covenants and obligations (considered individually), shall have been
      performed and complied with in all material respects.

    

    8.3
      CONSENTS

    

    Each
      of
      the Consents identified in Schedule
      8.3
      shall have been obtained and shall be in full force and effect.

    

    8.4
      ADDITIONAL DOCUMENTS

    

    Buyer
      shall have caused the documents and instruments required by Section 2.3(b)
      and
      the following documents to be delivered (or tendered subject only to Closing)
      to
      Company and Seller as
      well
      as such
      other documents as Company and
      Sellers may
      reasonably request for the purpose of (i) evidencing the accuracy of any
      representation or warranty of Buyer, (ii) evidencing the performance by Buyer
      of, or the compliance by Buyer with, any covenant or obligation required to
      be
      performed or with
      which
      Buyer
      is
      required to comply
      or (iii)
      evidencing the satisfaction of any condition referred to in this Article
      8.

    

    8.5
      NO
      INJUNCTION

    
      
         

      

      
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          27 -

        
          

        

      

      
         

      

    

    

    No
      Legal
      Requirement,
      injunction or other Order
      shall be
      in effect
      that (a)
      prohibits the consummation of the Contemplated Transactions and (b) has been
      adopted or issued, or has otherwise become effective, since the date of this
      Agreement.

     

    ARTICLE
      IX

    TERMINATION

    

    9.1
      TERMINATION EVENTS

    

    By
      notice
      given prior to or at the Closing, subject to Section 9.2, this Agreement may
      be
      terminated by
      the
      party or parties referenced below as
      follows:

    

    (a) by
      Buyer,
      if a material Breach of any provision of this Agreement has been committed
      by
      Company or Seller and such Breach has not been waived by Buyer;

    

    (b)
       by
      Buyer,
      if its due diligence investigation indicates that any of the information
      provided for in the Agreement or by
      Seller
      or Company
      is inaccurate, incomplete or untrue in any way, or if such due diligence
      investigation reveals any facts, circumstances, liabilities or conditions that,
      in Buyer’s
      discretion, may adversely affect the value or prospects of the Seller
      Shares
      or Company
      or that may expose Company
      to any liability not heretofore fully disclosed to Buyer; or

    

    (c) by
      Seller,
      if a
      material Breach of any provision of this Agreement has been committed by Buyer
      and such Breach has not been waived by Sellers’ Agent or Company;

    

    (d) by
      Buyer,
      if any condition in Article 7 has not been satisfied as of the date specified
      for Closing in the first sentence of Section 2.2 or if satisfaction of such
      a
      condition by such date is or becomes impossible (other than through the failure
      of Buyer to comply with its obligations under this Agreement), and Buyer has
      not
      waived such condition on or before such date;

    

    (e) by
      Seller,
      if any
      condition in Article 8 has not been satisfied as of the date specified for
      Closing in the first sentence of Section 2.2 or if satisfaction of such a
      condition by such date is or becomes impossible (other than through the failure
      of Company or Sellers
      to
      comply with their obligations under this Agreement), and Company and
      Sellers have
      not
      waived such condition on or before such date;

    

    (f) by
      mutual
      consent of Buyer, the majority of Sellers
      Shares,
      and
      Company; 

    

    (g) by
      Buyer,
      if the Closing has not occurred on or before ninety (90) days after the date
      hereof, or such later date upon
      which
      the
      parties may agree,
      unless
      the Buyer is in material Breach of this Agreement; or

    

    (h) by
      the
Seller,
      if the
      Closing has not occurred on or before ninety (90) days after the date hereof,
      or
      such later date upon
      which
      the
      parties may agree,
      unless
      any Seller
      or
      the Company is in material Breach of this Agreement.

    
      
         

      

      
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          28 -

        
          

        

      

      
         

      

    

    

    9.2
      EFFECT OF TERMINATION

    

    Each
      party's right of termination under Section 9.1 is in addition to any other
      rights it may have under this Agreement,
      at
      law
      or
in
      equity,
      and the
      exercise of such right of termination will not be an election of
      remedies
      to the
      exclusion of any others. If
      this
      Agreement is terminated pursuant to Section 9.1, all obligations of the parties
      under this Agreement will terminate, except that the obligations of the parties
      in this Section 9.2 and Articles 12 and 13 will survive;
      provided, however, that, if this Agreement is terminated because of a Breach
      of
      this Agreement by the non-terminating party or because one or more of the
      conditions to the terminating party's obligations under this Agreement is not
      satisfied as a result of the non-terminating party's failure to comply with
      its
      obligations under this Agreement, the terminating party's right to pursue all
      legal remedies will survive such termination unimpaired.

     

    ARTICLE
      X

    ADDITIONAL
      COVENANTS

    

    10.1
      CUSTOMER AND OTHER BUSINESS RELATIONSHIPS

    

    After
      the
      Closing, Sellers shall cooperate with Buyer in its efforts to maintain
      and
      continue for
      the
      benefit of Buyer those business relationships of Company that
      existed
      prior to
      the Closing and relating to the business to be operated by Buyer after the
      Closing, including relationships with lessors, employees, regulatory
      authorities, licensors, customers, suppliers and others. Sellers will refer
      to
      Buyer all inquiries relating to such business. Sellers shall not take any action
      that would have
      the
      effect of to diminishing
      the
      value of, or interfering
      with,
      the Company’s business after the Closing, including
      but not
      limited to,
      disparaging the name or business of Buyer.

    

    10.2
      FURTHER ASSURANCES

    

    From
      and
      after the date hereof, and continuing after the Closing, the parties shall
      cooperate reasonably with each other and with their respective Representatives
      in connection with any steps required to be taken as part of their respective
      obligations under this Agreement, and shall (a) furnish upon request to each
      other any
      further
      information
      that any
      party hereto may reasonably require;
      (b)
      execute and deliver to each other party
      such
      other documents
      as such
      other parties may reasonably require;
      and (c)
      do such other acts and things
      as the
      other parties
      may
      reasonably request for the purpose of carrying out the intent of this Agreement
      and the Contemplated Transactions.

    

    10.3
      POST-CLOSING SEC FILINGS

    

    As
      soon
      as practicable following the Closing, Buyer shall cause the transactions
      contemplated hereunder to be memorialized and disclosed by making all filings
      or
      recordings required under applicable law. Sellers hereby covenant and agree
      to
      aid Buyer, as specifically requested by Buyer, in preparing and making such
      filings or recordings, at Buyer’s expense. 

    

    
      
         

      

      
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          29 -

        
          

        

      

      
         

      

    

     

    ARTICLE
      XI

    INDEMNIFICATION;
      REMEDIES

    

    11.1
      SURVIVAL

    

    (a)
      All
      representations, warranties, covenants and obligations in this Agreement, the
      Schedules, any supplements to the Schedules, the certificates delivered pursuant
      to Section 2.3, and any other certificate or document delivered pursuant to
      this
      Agreement shall survive the Closing and the consummation of the Contemplated
      Transactions until the expiration of their respective statutes of limitations.
      

    

    (b)
      The
      right to indemnification, reimbursement or other remedy based upon such
      representations, warranties, covenants and obligations shall not be affected
      by
      any investigation (including any environmental investigation or assessment)
      conducted with respect to, or any Knowledge acquired (or capable of being
      acquired) at any time, whether before or after the execution and delivery of
      this Agreement or the Closing Date, with respect to the accuracy or inaccuracy
      of or compliance with any such representation, warranty, covenant or obligation.
      The waiver of any condition based upon the accuracy of any representation or
      warranty, or upon
      the
      performance of or compliance with any covenant or obligation, will not affect
      the right to indemnification, reimbursement or other remedy based upon such
      representations, warranties, covenants and obligations.

    

    11.2
      INDEMNIFICATION AND REIMBURSEMENT BY SELLERS

    

    Sellers
      and Company
      shall, jointly and severally, indemnify and hold harmless Buyer, and its
Representatives,
      shareholders, directors, officers, employees, agents, subsidiaries, and
      affiliates (collectively, the "Buyer Indemnified Persons"), and shall reimburse
      the Buyer Indemnified Persons for any loss, Liability,
      claim,
      damage, expense (including costs of investigation and defense and reasonable
      attorneys' fees and expenses) or diminution of value, whether or not involving
      a
      Third Party
      Claim (collectively, "Damages"), arising from or in connection
      with:

    

    (a)
      any
      Breach of any representation or warranty made by any Seller or Company
      in this Agreement and any other certificate, document, writing or instrument
      delivered by any Seller or Company
      pursuant
      to this Agreement; 

    

    (b)
      any
      Breach of any covenant or obligation of any Seller or Company
      in this Agreement or in any other certificate, document, writing or instrument
      delivered by any Seller or Company
      pursuant to this Agreement; 

    

    (c)
      any
      Liability arising out of the operation of Company
      or its business or Assets prior to the Closing Date; 

    

    (d)
      any
      product or any services sold, included in Inventory, or otherwise provided
      by,
Company,
      in whole or in part, prior to the Closing Date, including claims for
Breach
      of
      warranty or product Liability;

    
      
         

      

      
        -
          30 -

        
          

        

      

      
         

      

    

    (e)
      any
      Liability under any Company Contract entered into prior to the Closing Date,
      including any Liability arising out of or relating to Seller's credit facilities
      or any security interest related thereto; 

    

    (f)
      any
      Liability for Taxes, including (i)
      any
      Taxes arising as a result of the Company's operation of its Business or
      ownership of its Assets prior to the Closing Date, and (ii)
      any
      Taxes that will arise as a result of the sale of the Seller
      Shares
      pursuant to this Agreement;

    

    (g)
      any
      Liability relating to payroll, vacation, sick leave, workers' compensation,
      unemployment benefits, pension benefits, employee stock option or profit-sharing
      plans, health care plans or benefits or any other employee plans or benefits
      of
      any kind for Company's
      employees or former employees or both; 

    

    (h)
      any
      Liability relating to the payment of all wages and other remuneration due to
      any
Company
      employees with respect to their services as employees of Company through the
      close of business on the Closing Date, including pro rata bonus payments and
      all
      vacation pay earned prior to the Closing Date and the payment of any termination
      or severance payments and the provision of health plan continuation coverage
      in
      accordance with the requirements of COBRA and Sections 601 through 608 of
      Employee Retirement Income Security Act of 1974.

    

    (i)
      any
      Liability arising out of any Proceeding commenced after the Closing Date and
      arising out of or relating to any occurrence or event happening prior to the
      Closing Date, and any Liability under any Company Contract that arises after
      the
      Closing but that arises out of or relates to any Breach that occurred prior
      to
      the Closing, and any such other Liability;

    

    (j)
      any
      Liability arising out of or resulting from Company's
      compliance or noncompliance with any Legal Requirement or Order of any
      Governmental Body; 

    

    (k)
      any
      Liability of Company
      under this Agreement or any other document executed in connection with the
      Contemplated Transactions; and

    

    (l)
      any
      Liability of Company
      based upon any Seller’s acts or omissions occurring after the Closing
      Date.

    

    11.3
      INDEMNIFICATION AND REIMBURSEMENT BY BUYER

    

    Buyer
      will indemnify and hold harmless Sellers and Company,
      and will reimburse Sellers and Company,
      for any Damages arising from or in connection with:

    

    (a) any
      Breach of any representation or warranty made by Buyer in this Agreement or
      in
      any certificate, document, writing or instrument delivered by Buyer pursuant
      to
      this Agreement;
      or

    

    (b) any
      Breach of any covenant or obligation of Buyer in this Agreement or in any other
      certificate, document, writing or instrument delivered by Buyer pursuant to
      this
      Agreement.

     

    
      
        
           

        

        
          -
            31 -

          
            

          

        

        
           

        

      

    

    
       

      11.4
        THIRD-PARTY CLAIMS

    (a) Promptly
      after receipt by a Person entitled to indemnity under Section 11.2, 11.3 (to
      the
      extent provided in the last sentence of Section 11.3) (an "Indemnified Person")
      of notice of the assertion of a Third-Party Claim against it, such Indemnified
      Person shall give notice to the Person obligated to indemnify it
      under
      such Section (an "Indemnifying Person") of the assertion of such Third-Party
      Claim, provided that the failure to notify the Indemnifying Person will not
      relieve the Indemnifying Person of any liability that it may have to any
      Indemnified Person, except to the extent that the Indemnifying Person
      demonstrates that the defense of such Third-Party Claim is prejudiced by the
      Indemnified Person's failure to give such notice.

    

    (b) If
      an
      Indemnified Person gives notice to the Indemnifying Person pursuant to Section
      11.4(a) of the assertion of a Third-Party Claim, the Indemnifying Person shall
      be entitled to participate in the defense of such Third-Party Claim and, to
      the
      extent that it wishes (unless (i) the Indemnifying Person is also a Person
      against whom the Third-Party Claim is made and the Indemnified Person determines
      in good faith that joint representation would be inappropriate or (ii) the
      Indemnifying Person fails to provide reasonable assurance to the Indemnified
      Person of its financial capacity to defend such Third-Party Claim
      and
      to
      provide
      indemnification with respect to such Third-Party Claim), to assume the defense
      of such Third-Party Claim with counsel satisfactory to the Indemnified Person.
      After notice from the Indemnifying Person to the Indemnified Person of its
      election to assume the defense of such Third-Party Claim, the Indemnifying
      Person shall not, so long as it diligently conducts such defense, be liable
      to
      the Indemnified Person under this Article 11 for any fees of other counsel
      or
      any other expenses with respect to the defense of such Third-Party Claim, in
      each case subsequently incurred by the Indemnified Person in connection with
      the
      defense of such Third-Party Claim, other than reasonable costs of investigation.
      If the Indemnifying Person assumes the defense of a Third-Party Claim, (i)
      such
      assumption will conclusively establish for purposes of this Agreement that
      the
      claims made in that Third-Party Claim are within the scope of and subject to
      indemnification, and (ii) no compromise or settlement of such Third-Party Claims
      may be effected by the Indemnifying Person without the Indemnified Person's
      Consent unless (A) there is no finding or admission of any violation of Legal
      Requirement or any violation of the rights of any Person; (B) the sole relief
      provided is monetary damages that are paid in full by the Indemnifying Person;
      and (C) the Indemnified Person shall have no liability with respect to any
      compromise or settlement of such Third-Party Claims effected without its
      Consent. If notice is given to an Indemnifying Person of the assertion of any
      Third-Party Claim and the Indemnifying Person does not, within ten (10) days
      after the Indemnified Person's notice is given, give notice to the Indemnified
      Person of its election to assume the defense of such Third-Party Claim, the
      Indemnifying Person will be bound by any determination made in such Third-Party
      Claim or any compromise or settlement effected by the Indemnified
      Person.

    

    (c) Notwithstanding
      the foregoing, if an Indemnified Person determines in good faith that there
      is a
      reasonable probability that a Third-Party Claim may adversely affect it or
      its
      Related Persons other than as a result of monetary damages for which it would
      be
      entitled to indemnification under this Agreement, the Indemnified Person may,
      by
      notice to the Indemnifying Person, assume the exclusive right to defend,
      compromise or settle such Third-Party Claim, but the Indemnifying Person will
      not be bound by any determination of any Third-Party Claim so defended for
      the
      purposes of this Agreement or any compromise or settlement effected without
      its
      Consent (which may not be unreasonably withheld).

    
      
         

      

      
        -
          32 -

        
          

        

      

      
         

      

    

    (d) Notwithstanding
      the provisions of Section 13.4, Company and Sellers
      hereby
      consent to the nonexclusive jurisdiction of any court in which a Proceeding
      in
      respect of a Third-Party Claim is brought against any Buyer Indemnified Person
      for purposes of any claim that a Buyer Indemnified Person may have under this
      Agreement with respect to such Proceeding or the matters alleged therein and
      agree that process may be served on Company and Sellers
      with
      respect to such a claim anywhere in the world.

    

    (e) With
      respect to any Third-Party Claim subject to indemnification under this Article
      11: (i) both the Indemnified Person and the Indemnifying Person, as the case
      may
      be, shall keep the other Person fully informed of the status of such Third-Party
      Claim and any related Proceedings at all stages thereof where such Person is
      not
      represented by its own counsel, and (ii) the parties agree (each at its own
      expense) to render to each other such assistance as they may reasonably require
      of each other and to cooperate in good faith with each other in order to ensure
      the proper and adequate defense of any Third-Party Claim.

    

    (f) With
      respect to any Third-Party Claim subject to indemnification under this Article
      11, the parties agree to cooperate in such a manner as to preserve in full
      (to
      the extent possible) the confidentiality of all Confidential Information and
      the
      attorney-client and work-product privileges. In connection therewith, each
      party
      agrees that: (i) it will use its Best Efforts, in respect of any Third-Party
      Claim in which it has assumed or participated in a
      defense,
      to avoid production of Confidential Information (consistent with applicable
      law
      and rules of procedure), and (ii) all communications between any party hereto
      and counsel responsible for or participating in the defense of any Third-Party
      Claim shall, to the extent possible, be made so as to preserve any applicable
      attorney-client or work-product privilege.

    

    11.5
      OTHER CLAIMS

    

    A
      claim
      for indemnification for any matter not involving a Third-Party Claim may be
      asserted by notice to the party from whom indemnification is sought and shall
      be
      paid promptly after such notice.

    

    11.6
      INDEMNIFICATION IN CASE OF STRICT LIABILITY OR INDEMNITEE
      NEGLIGENCE

    

    THE
      INDEMNIFICATION PROVISIONS CONTAINED
      IN
      THIS
      ARTICLE 11 SHALL BE ENFORCEABLE REGARDLESS OF WHETHER THE LIABILITY IS BASED
      UPON PAST, PRESENT OR FUTURE ACTS, CLAIMS OR LEGAL REQUIREMENTS (INCLUDING
      ANY
      PAST, PRESENT OR FUTURE ENVIRONMENTAL LAW, FRAUDULENT TRANSFER ACT, OCCUPATIONAL
      SAFETY AND HEALTH LAW OR PRODUCTS LIABILITY, SECURITIES OR OTHER LEGAL
      REQUIREMENT) AND REGARDLESS OF WHETHER ANY PERSON (INCLUDING THE PERSON FROM
      WHOM INDEMNIFICATION IS SOUGHT) ALLEGES OR PROVES THE SOLE, CONCURRENT,
      CONTRIBUTORY OR COMPARATIVE NEGLIGENCE OF THE PERSON SEEKING INDEMNIFICATION
      OR
      THE SOLE OR CONCURRENT STRICT LIABILITY IMPOSED UPON THE PERSON SEEKING
      INDEMNIFICATION.

    
      
         

      

      
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          33 -

        
          

        

      

      
         

      

    

     

    ARTICLE
      XII

    CONFIDENTIALITY

    

    12.1
      CONFIDENTIAL INFORMATION

    

    (a) Each
      party agrees that, unless and until the Closing has been consummated, each
      party
      will hold in strict confidence, and will not use to the detriment of any other
      party hereto, any data and information obtained in connection with this
      Agreement or the Contemplated Transactions, except insofar as this data and
      information may be required by law to be included in documents required to
      be
      filed by Buyer with the SEC under the Exchange Act and the rules and regulations
      promulgated thereunder.

    

    (b) "Confidential
      Information" means all items, materials and information which belong to a party
      hereto and are not generally known to the public that has been or may hereafter
      be disclosed to the other party by such party or by the directors, officers,
      employees, agents, consultants, advisors or other representatives, including
      legal counsel, accountants and financial advisors of such party, irrespective
      of
      the form of the disclosure. Confidential Information is intended to be
      interpreted broadly and includes trade secrets and other proprietary or
      confidential information concerning the business and affairs of a party hereto,
      product specifications, data, know-how, formulae, compositions, processes,
      designs, sketches, photographs, graphs, drawings, samples, inventions and ideas,
      past, current, and planned research and development, current and planned
      manufacturing or distribution methods and processes, customer lists, current
      and
      anticipated customer requirements, price lists, supplier lists, market studies,
      business plans, computer software and programs (including object code and source
      code), computer software and database technologies, systems, structures and
      architectures (and related processes, formulae, composition, improvements,
      devices, know-how, inventions, discoveries, concepts, ideas, designs, methods
      and information); financial statements, financial projections and budgets,
      historical and projected sales, capital spending budgets and plans, the names
      and backgrounds of key personnel, and personnel training techniques and
      materials. Confidential Information also includes all notes, analyses,
      compilations, studies, summaries and other material containing or based, in
      whole or in part, upon any Confidential Information.

     

    ARTICLE
      XIII

    GENERAL
      PROVISIONS

    

    13.1
      EXPENSES

    

    Except
      as
      otherwise provided in this Agreement, each party to this Agreement will bear
      its
own
      fees and
      expenses incurred in connection with the preparation, negotiation, execution
      and
      performance of this Agreement and the Contemplated Transactions, including
      all
      fees and expenses
      of its
      Representatives. If this Agreement is terminated, the obligation of each party
      to pay its own fees and expenses will be subject to any rights of such party
      arising from a Breach of this Agreement by another party.

    

    
      
         

      

      
        -
          34 -

        
          

        

      

      
         

      

    

    
       

      13.2
        PUBLIC ANNOUNCEMENTS

       

    

    Any
      public announcement, press release or similar publicity with respect to this
      Agreement or the Contemplated Transactions will be issued, if at all, at such
      time and in such manner as Buyer determines. Except with the prior consent
      of
      Buyer or as permitted by this Agreement, neither Company, Sellers
      nor any
      of their Representatives shall disclose to any Person (a) the fact that any
      confidential information of Company or Sellers
      has been
      disclosed to Buyer or its Representatives, that Buyer or its Representatives
      have inspected any portion of the Confidential
      Information
      of
      Company or Sellers,
      that
      any Confidential
      Information
      of Buyer
      has been disclosed to Company, Sellers
      or their
      Representatives or that Company, Sellers
      or their
      Representatives have inspected any portion of the Confidential
      Information
      of Buyer
      or (b) any information about the Contemplated Transactions, including the status
      of such discussions or negotiations, the execution of any documents (including
      this Agreement) or any of the terms of the Contemplated Transactions or the
      related documents (including this Agreement). Company
      Sellers
      and
      Buyer will consult with each other concerning the means by which Company's
      employees, customers, suppliers and others having dealings with Company will
      be
      informed of the Contemplated Transactions, and Buyer will have the right to
      be
      present for any such communication.

    

    13.3
      NOTICES

    

    All
      notices, Consents, waivers and other communications required or permitted by
      this Agreement shall be in writing and shall be deemed given to a party when
      (a)
      delivered to the appropriate address by hand or by nationally recognized
      overnight courier service (costs prepaid); (b) sent by facsimile with
      confirmation of transmission by the transmitting equipment; or (c) sent
      to
      the
      addressee
      by
      certified mail, return receipt requested, in each case to the following
      addresses and facsimile numbers and marked to the attention of the Person
      (by name
      or title) designated below (or to such other address, facsimile number, e-mail
      address or Person
      as a
      party may designate by notice to the other parties):

    

    Company
      (prior to Closing):

     

    ____________________

    ____________________

    ____________________

    Attention:
      ____________

    Facsimile:
      ____________

    

    Company
      (after the Closing):

     

    ____________________

    ____________________

    ____________________

    Attention:
      ___________

    Facsimile:
      ___________

    

    Seller:

    ___________________

    
      
         

      

      
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          35 -

        
          

        

      

      
         

      

    

    ___________________

    ___________________

    Facsimile:
      __________

    

    with
      a
      mandatory copy to:

     

    _____________________________

    Attention:
      _____________________

    Fax
      no.:
      _______________________

    

    Buyer:

    Star
      Energy Corporation

    245
      Park
      Avenue

    New
      York,
      NY 10167

    

    with
      a
      mandatory copy to: 

    

    David
      Lubin & Associates, PLLC

    26
      East
      Hawthorne Avenue

    Valley
      Stream, NY 11580

    Attention:
      David Lubin, Esq.

    Fax
      no.:
      (516) 887-8250

    

    13.4
      RESOLUTION OF DISPUTES

    

    (a) In
      the
      event that any dispute, controversy or claim arising out of or relating to
      this
      Agreement or the breach, termination or validity thereof should arise between
      the Parties (a “Dispute”), the Party wishing to declare a Dispute shall deliver
      to the other Party a written notice identifying the disputed issue.

    

    (b) Either
      Party may give the other Party written notice of any Dispute not resolved in
      the
      normal course of business. Executives of both Parties shall meet at a mutually
      acceptable time and place within ten (10) Business Days after delivery of such
      notice and thereafter as often as they reasonably deem necessary, to exchange
      relevant information and to attempt to resolve the Dispute. In such meetings
      and
      exchanges, a Party shall have the right to designate as confidential any
      information that such Party offers. No confidential information exchanged in
      such meetings for the purpose of resolving a Dispute may be used by a Party
      in
      litigation against the other Party. If the matter has not been resolved in
      the
      aforementioned manner within thirty (30) Days of the disputing Party’s notice
      having been issued, or if the Parties fail to meet within ten (10) Business
      Days
      as required above, either Party may initiate binding arbitration in New York,
      New York, as hereafter provided in clause (c) below.

    

    (c) The
      Parties agree that all disputes, controversies or claims that may arise out
      of
      the transactions contemplated by this Agreement, or the breach, termination
      or
      invalidity thereof, including any requests for emergent or equitable relief
      and/or specific performance, shall be submitted to, and determined by, binding
      arbitration in accordance with the following procedures:

    
      
         

      

      
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          36 -

        
          

        

      

      
         

      

    

    (i) Either
      Party may submit a dispute, controversy or claim to arbitration by giving the
      other Party written notice to such effect, which notice shall describe, in
      reasonable detail, the facts and legal grounds forming die basis for the filing
      Party’s request for relief. The arbitration shall be held before three (3)
      neutral arbitrators in New York, New York and a decision as to any matters
      submitted thereto shall be made by a vote of any two (2) of the three
      arbitrators.

    

    (ii) Within
      thirty (30) days after the other Party’s receipt of such demand, the Parties
      shall each submit a proposed arbitrator and, once each of such arbitrators
      has
      been cleared of any potential conflicts of interest, both of such arbitrators
      shall jointly select a third arbitrator. In the event of any controversy
      concerning the selection of any one (1) or more of the arbitrators, and the
      Parties cannot resolve their disagreements as to the same within thirty (30)
      days, such arbitrator(s) shall be selected by the American Arbitration
      Association (“AAA”). In any event, each of the arbitrators shall have a
      background in, and knowledge of, transactions in the energy industry and shall
      otherwise be an appropriate person based on the nature of the dispute. If a
      person with experience in such matters is not available, the arbitrator shall
      be
      chosen from the retired federal judges pool maintained by AAA.

    

    (iii) The
      arbitration shall be governed by the Commercial Arbitration Rules of the
      AAA.

    

    (iv) Discovery
      shall be limited to requests for and production of documents, depositions and
      interrogatories. All discovery shall be guided by the Federal Rules of Civil
      Procedure. All issues concerning discovery upon which the Parties cannot agree
      shall be submitted to the arbitrators for determination.

    

    (iv) In
      rendering an award, the arbitrators shall determine the rights and obligations
      of the Parties according to the substantive and procedural laws of the State
      of
      New York.

    

    (v) The
      decision of, and award rendered by, the arbitrators, shall be determined no
      more
      than sixty (60) days after the submission of the case to the arbitrators and
      shall be final and binding on the Parties and shall not be subject to appeal.
      Judgment on the award may be entered in and enforced by any court of competent
      jurisdiction.

    

    (vi) Each
      Party shall bear its own costs and expenses (including filing fees) with respect
      to the arbitration, including one-half of the fees and expenses of the
      arbitrators.

    

    13.5
      ENFORCEMENT OF AGREEMENT

    

    Company
      and Sellers acknowledge and agree
      that
      Buyer will
      be
      irreparably damaged if any of the provisions of this Agreement are not performed
      in accordance with their specific terms and that any Breach of this Agreement
      by
      Company or Sellers will
      be
      incapable of being
      adequately compensated by
      monetary damages alone. Accordingly, in addition to any other right or remedy
      to
      which Buyer may be entitled
      at law
      or in equity, Buyer
      shall be
      entitled to enforce any provision of this Agreement by a decree of specific
      performance and by
      temporary, and
      permanent injunctive relief to prevent Breaches or threatened Breaches of any
      of
      the provisions of this Agreement, without posting any bond or other
      undertaking.

    
      
         

      

      
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          37 -

        
          

        

      

      
         

      

    

    13.6
      WAIVER; REMEDIES CUMULATIVE

    

    The
      rights and remedies of the parties to this Agreement are cumulative and not
      alternative. Neither any failure nor any delay by any party in exercising any
      right, power or privilege under this Agreement or any of the documents referred
      to in this Agreement will operate as a waiver of such right, power or privilege,
      and no single or partial exercise of any such right, power or privilege will
      preclude any other or further exercise of such right, power or privilege or
      the
      exercise of any other right, power or privilege. To the maximum extent permitted
      by applicable law, (a) no claim or right arising out of this Agreement or any
      of
      the documents referred to in this Agreement can be discharged by one party,
      in
      whole or in part, by a waiver or renunciation of the claim or right unless
      in
      writing signed by the other party; (b) no waiver that may be given by a party
      will be applicable except in the specific instance for which it is given; and
      (c) no notice to or demand on one party will be deemed to be a waiver of any
      obligation of that party or of the right of the party giving such notice or
      demand to take further action without notice or demand as provided in this
      Agreement or the documents referred to in this Agreement.

    

    13.7
      ENTIRE AGREEMENT AND MODIFICATION

    

    This
      Agreement supersedes all prior agreements, whether written or oral, between
      the
      parties with respect to its subject matter (including any letter of intent
      and
      any confidentiality agreement between Buyer, on the one hand, and Sellers
      or
      Company, on the other hand) and constitutes (along with the Schedules, Exhibits
      and other documents delivered pursuant to this Agreement) a complete and
      exclusive statement of the terms of the agreement between the parties with
      respect to its subject matter. This Agreement may not be amended, supplemented,
      or otherwise modified except by a written agreement executed by the party to
      be
      charged with the amendment.

    

    13.8
      SCHEDULES

    

    (a) The
      information contained
      in
      the
      Schedules constitutes (i) exceptions to particular representations, warranties,
      covenants and obligations of Sellers and
      Company as
      set
      forth in this Agreement or (ii) descriptions or lists of Assets
      and
Liabilities
      and
      other items referred to in this Agreement. If there is any inconsistency between
      the statements in this Agreement and those in the Schedules (other than an
      exception expressly set forth as such in the Schedules with respect to a
      specifically identified representation or warranty), the statements in this
      Agreement will prevail.

    

    (b) The
      statements in the Schedules, and those in any supplement thereto, relate only
      to
      the provisions in the Section of this Agreement to which they expressly relate
      and not to any other provision in this Agreement.

    
      
         

      

      
        -
          38 -

        
          

        

      

      
         

      

    

    (c)
      From
      time to time prior to the Closing, the parties shall promptly provide,
      supplement or amend the Schedules hereto. Such disclosure, supplement or
      amendment shall have the effect of curing any related misrepresentation or
      breach of warranty made in connection with the transactions contemplated by
      this
      Agreement; provided,
      however,
      that if
      such misrepresentation or breach is material, each party shall have a
      commercially reasonable period of time following receipt of any supplemented
      or
      amended Schedules to elect (i) to terminate this Agreement without any further
      liability to the Parties or (ii) in such non-amending party’s sole discretion,
      to waive such breach and consummate the transactions contemplated by this
      Agreement. 

    

    13.9
      ASSIGNMENTS, SUCCESSORS AND NO THIRD-PARTY RIGHTS

    

    No
      party
      may assign any of its rights or delegate any of its obligations under this
      Agreement without the prior written consent of the other parties, and any such
      attempted assignment shall be null and void and of no force or effect. Subject
      to the preceding sentence, this Agreement will apply to, be binding in all
      respects upon and inure to the benefit of the successors and permitted assigns
      of the parties. Nothing expressed or referred to in this Agreement will be
      construed to give any Person other than the parties to this Agreement any legal
      or equitable right, remedy or claim under or with respect to this Agreement
      or
      any provision of this Agreement, except such rights as shall inure to a
      successor or permitted assignee pursuant to this Section 13.9.

    

    13.10
      SEVERABILITY

    

    If
      any
      provision of this Agreement is held invalid or unenforceable by any court of
      competent jurisdiction, the other provisions of this Agreement will remain
      in
      full force and effect. Any provision of this Agreement held invalid or
      unenforceable only in part or degree will remain in full force and effect to
      the
      extent not held invalid or unenforceable.

    

    13.11
      CONSTRUCTION

    

    The
      headings of Articles and Sections in this Agreement are provided for convenience
      only and will not affect its construction or interpretation. All references
      to
      "Articles," "Sections," “Exhibits,” and "Schedules" refer to the corresponding
      Articles, Sections, Exhibits, and Schedules of this Agreement.

    

    13.12
      TIME OF ESSENCE

    

    With
      regard to all dates and time periods set forth or referred to in this Agreement,
      time is of the essence.

    

    13.13
      GOVERNING LAW

    

    This
      Agreement will be governed by and construed under the laws of the State of
      New
      York, without regard to conflicts-of-laws
      rules or
      any
      principles that would require the application of any other law.

     

    
      
         

      

      
        -
          39 -

        
          

        

      

      
         

      

    

    
       

      13.14
        EXECUTION OF AGREEMENT

       

    

    This
      Agreement may be executed in one or more counterparts, each of which will be
      deemed to be an original copy of this Agreement and all of which, when taken
      together, will be deemed to constitute one and the same instrument.
      The
      exchange of copies of this Agreement and of signature pages by facsimile
      transmission shall constitute effective execution and delivery of this Agreement
      as to the parties and may be used in lieu of the original Agreement for all
      purposes. Signatures of the parties transmitted by facsimile shall be deemed
      to
      be their original signatures for all purposes.

    

    13.15
      SELLER AND COMPANY LIABILITY; SELLERS’ RELEASE

    

    (a)
      The
Liability
      of each
      Seller hereunder shall be joint and several with the other Sellers. Where in
      this Agreement provision is made for any action to be taken or not taken by
      Company, Sellers jointly and severally undertake to cause Company to take or
      not
      take such action, as the case may be. Without limiting the generality of the
      foregoing, Sellers shall be jointly and severally liable for the indemnities
      set
      forth in Article 11.

    

    (b)
      The
Liability
      of
      Company prior to Closing shall be joint and several with Sellers.
      Upon Closing, Company shall be forever discharged and released from all
Liabilities
      hereunder, including any claims of contribution from Sellers.
      In addition, in consideration for the Contemplated
      Transactions,
      as of
      the Closing, Sellers and their respective heirs, executors, successors and
      assigns (the "Waiving Parties"), release, waive and forever discharge, in all
      capacities, including as stockholders of Company, from and after the Closing
      any
      and all claims, known or unknown, that the Waiving Parties ever had, now have
      or
      may have against Company and its officers, directors, employees or agents in
      connection with or arising out of any act or omission of Company or its
      officers, directors, employees, advisers or agents, in such capacity, at or
      prior to the Closing.

     

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

    

    
      	
              BUYER:

            	 	
              COMPANY:

            
	 	 	 
	
              SOCKEYE
                SEAFOOD GROUP, INC. 

            	 	
              UNIVERCOMPANY
                LIMITED LIABILITY COMPANY 

            
	 	 	 
	
              By:
                 /s/
                Marcus Segal

            	 	
              By:
                 /s/
                UniverCompany Limited Liability Company

            
	
              Name:
                 Marcus
                Segal

            	 	
              Name:
                 ____________________

            
	
              Title:
                 Chief
                Executive Officer

            	 	
              Title:
                 ____________________

            
	 	 	 
	
              SELLERS:

            	 	 
	 	 	 
	 	
              /s/
                Belchenko Eugene

            	 	 
	
              Name:

            	
              Belchenko
                Eugene

            	 	 
	 	 	 	 
	 	 	 
	 	 	 
	 	 	 
	 	
              /s/
                Lipatov Valeriy

            	 	 
	
              Name:

            	
              Lipatov
                Valeriy

            	 	 
	 	 	 	 
	 	 	 

    

    

    
      
         

      

      
        -
          40 -

        
          

        

      

      
         

      

    

    LIST
      OF
      EXHIBITS

    

    Exhibit
      A: Sellers

    Exhibit
      1.1 Definitions

    Exhibit
      2.3(a)(vi): Seller’s Legal Opinion

    
      
         

      

      
        -
          41 -

        
          

        

      

      
         

      

    

    LIST
      OF
      SCHEDULES

    

    Schedule
      3.1(a): Jurisdictions of Company 

    Schedule
      3.1(b): Governing Documents of Company

    Schedule
      3.3(a): Company’s Capitalization

    Schedule
      3.6(a): Company’s Assets

    Schedule
      3.7(a): Real Estate Owned by Company

    Schedule
      3.7(b): Real Estate Leased by Company

    Schedule
      3.8(a): Encumbrances on Real Estate of Company

    Schedule
      3.13(a): Unpaid Taxes of Company

    Schedule
      3.13(b): Company Tax Returns

    Schedule
      3.15(a): Company Personnel Matters

    Schedule
      3.16(b): Company Governmental Authorizations

    Schedule
      3.18(a): Company Contracts

    Schedule
      3.18(c): Enforceability of Company Contracts

    Schedule
      3.18(d): Compliance with Company Contracts 

    Schedule
      3.19(a): Company Insurance Policies

    Schedule
      3.19(b): Third Party Obligations of Company to Provide Insurance
      Coverage

    Schedule
      3.20: Company Environmental Liabilities

    Schedule
      3.21(b): Company Intellectual Property Matters

    Schedule
      3.21(c): Intellectual Property Licenses

    Schedule
      3.21(e): Company Patents

    Schedule
      3.21(h): Company Marks

    Schedule
      3.21(i): Company Copyrights

    Schedule
      3.21(k): Company Net Names

    Schedule
      3.22: Company Related Persons

    Schedule
      3.23: Company Brokers

    Schedule
      3.24: Company Securities Law Matters

    Schedule
      4.3(a): Buyer’s Capitalization

    Schedule
      4.7: Buyer Brokers

    Schedule
      7.3: Company Material Consents

    Schedule
      8.3: Buyer Material Consents

    

    
      
         

      

      
        -
          42 -

        
          

        

      

      
         

      

    

    EXHIBITS

    
      
         

      

      
        -
          43 -

        
          

        

      

      
         

      

    

    EXHIBIT
      A

    

    SELLERS
      AND ALLOCATION OF CONSIDERATION SHARES 

    

    

    Name                    No.
      of
      Shares

    

    Lipatov
      Valeriy                                          
____________

     

    Belchenko
      Eugene                                    
____________

    
      
         

      

      
        -
          44 -

        
          

        

      

      
         

      

    

    EXHIBIT
      1.1

    

    DEFINITIONS

    

    For
      purposes of this Agreement, the following terms and variations thereof have
      the
      meanings specified or referred to in this Section 1.1:

    

    "Accounts
      Receivable"
      means
(a)
      all
      trade accounts receivable and other rights to payment from customers of
Company
      and the full benefit of all security for such accounts or rights to payment,
      including all trade accounts receivable representing amounts receivable in
      respect of goods shipped or products sold or services rendered to customers
      of
Company,
      (b) all other accounts or notes receivable of Company
      and the full benefit of all security for such accounts or notes and (c) any
      claim, remedy or other right related to any of the foregoing.

     

    "Assets"
      means
      all real
      property; all Tangible Personal Property; all Inventories; all Accounts
      Receivable; all Company Contracts; all data and Records related to the
      operations of Company; and all of the intangible rights and property of Company,
      including Intellectual Property Assets, going concern value, goodwill,
      telephone, facsimile and e-mail addresses.

    

    "Balance
      Sheet"
      has the
      meaning set forth
      in
      Section 3.4.

    

    "Best
      Efforts"
      means
the
      efforts that a prudent Person desirous of achieving a result would use in
      similar circumstances to achieve that result as expeditiously as
      possible;
      provided, however, that a Person required to use Best Efforts under this
      Agreement will not be thereby required to take actions that would result in
      a
      material adverse change in the benefits to such Person of this Agreement and
      the
      Contemplated Transactions or to dispose of or make any change to its business,
      expend any material funds or incur any other material burden.

    

    "Breach"
      means
any
      breach of, or any inaccuracy in, any representation or warranty or any breach
      of, or failure to perform or comply with, any covenant or obligation, in or
      of
      this Agreement or any other Contract, or any event which,
      with the
      passing of time or the giving of notice
      or both,
      would constitute such a breach, inaccuracy or failure.

    

    "Business
      Day"
      means
any
      day
      other than (a) Saturday or Sunday or (b) any other day on which banks are
      permitted or required to be closed
      in the
      State of New York.

    

    "Buyer"
      has the
      meaning set forth
      in the
      first paragraph of this Agreement.

    

    "Buyer
      Indemnified Persons"
      has the
      meaning set forth
      in
      Section 11.2.

    

    "Closing"
      has the
      meaning set forth
      in
      Section 2.2.

    

    "Closing
      Date"
      means
the
      date
      on which the Closing actually takes place.

    

    "Code"
      means
the
      Internal Revenue Code of 1986.

    
      
         

      

      
        -
          45 -

        
          

        

      

      
         

      

    

    "Company"
      has the
      meaning set forth
      in the
      first paragraph of this Agreement.

    

    "Company
      Contract"
      means
any
      Contract (a) under which Company has or may acquire any rights or benefits;
      (b)
      under which Company has or may become subject to any obligation or Liability;
      or (c)
      by which Company or any of the Assets
      owned or
      used by Company is,
      are
      or may
      become bound.

    

    "Confidential
      Information"
      has the
      meaning set forth
      in
      Section 12.1.

    

    "Consent"
      means
any
      approval, consent, ratification, waiver or other authorization.

    

    "Contemplated
      Transactions"
      means
all
      of
      the transactions contemplated by this Agreement.

    

    "Contract"
      means
any
      agreement, contract, Lease, consensual obligation, promise or undertaking
      (whether written or oral and whether express or implied), whether or not legally
      binding.

    

    “Copyright”
      has the meaning set forth in Section 3.21.

    

    "Damages"
      has the
      meaning set forth
      in
      Section 11.2.

    

    "Effective
      Time"
      means
      the time
      at which the Closing is consummated.

    

    "Employee
      Plans" has the meaning set forth in Section 3.15(d).

    

    "Encumbrance"
      means
any
      charge, claim, community or other marital property interest, condition,
      equitable interest, lien, option, pledge, security interest, mortgage, right
      of
      way, easement, encroachment, servitude, right of first option, right of first
      refusal or similar restriction, including any restriction on use, voting (in
      the
      case of any security or equity interest), transfer, receipt of income or
      exercise of any other attribute of ownership.

    

    "Environment"
      means
soil,
      land surface or subsurface strata, surface waters (including navigable waters
      and ocean waters), groundwaters, drinking water supply, stream sediments,
      ambient air (including indoor air), plant and animal life and any other
      environmental medium or natural resource.

    

    "Environmental,
      Health and Safety Liabilities"
      means
any
      cost,
      damages, expense, Liability,
      obligation or other responsibility arising from or under any Environmental
      Law
      or Occupational Safety and Health Law, including those consisting of or relating
      to:

    

    (a) any
      environmental, health or safety matter or condition (including on-site or
      off-site contamination, occupational safety and health and regulation of any
      chemical substance or product);

    
      
         

      

      
        -
          46 -

        
          

        

      

      
         

      

    

    (b) any
      fine,
      penalty, judgment, award, settlement, legal or administrative proceeding,
      damages, loss, claim, demand or response, remedial or inspection cost or expense
      arising under any Environmental Law or Occupational Safety and Health
      Law;

    

    (c) financial
      responsibility under any Environmental Law or Occupational Safety and Health
      Law
      for cleanup costs or corrective action, including any cleanup, removal,
      containment or other remediation or response actions ("Cleanup") required by
      any
      Environmental Law or Occupational Safety and Health Law (whether or not such
      Cleanup has been required or requested by any Governmental Body or any other
      Person) and for any natural resource damages; or

    

    (d) any
      other
      compliance, corrective or remedial measure required under any Environmental
      Law
      or Occupational Safety and Health Law.

    

    The
      terms
      "removal," "remedial" and "response action" include the types of activities
      covered by the United States Comprehensive Environmental Response, Compensation
      and Liability Act of 1980 (CERCLA).

    

    "Environmental
      Law"
      means
any
      Legal
      Requirement that requires or relates to:

    

    (a) advising
      appropriate authorities, employees or the public of intended or actual Releases
      of pollutants or hazardous substances or materials, violations of discharge
      limits or other prohibitions and the commencement of activities, such as
      resource extraction or construction, that could have significant impact on
      the
      Environment;

    

    (b) preventing
      or reducing to acceptable levels the Release of pollutants or hazardous
      substances or materials into the Environment;

    

    (c) reducing
      the quantities, preventing the Release or minimizing the hazardous
      characteristics of wastes that are generated;

    

    (d) assuring
      that products are designed, formulated, packaged and used so that they do not
      present unreasonable risks to human health or the Environment when used or
      disposed of;

    

    (e) protecting
      resources, species or ecological amenities;

    

    (f) reducing
      to acceptable levels the risks inherent in the transportation of hazardous
      substances, pollutants, oil or other potentially harmful
      substances;

    

    (g) cleaning
      up pollutants that have been Released, preventing the Threat of Release or
      paying the costs of such clean up or prevention; or

    

    (h) making
      responsible parties pay private parties, or groups of them, for damages done
      to
      their health or the Environment or permitting self-appointed representatives
      of
      the public interest to recover for injuries done to public assets.

    

    "Exchange
      Act"
      means
the
      Securities Exchange Act of 1934.

    
      
         

      

      
        -
          47 -

        
          

        

      

      
         

      

    

     

    "Facilities"
      means
any
      real
      property, leasehold or other interest in real property currently owned or
      operated by Company, including the Tangible Personal Property used or operated
      by Company at the respective locations of the Real Property specified herein.
      Notwithstanding the foregoing, for purposes of the definitions of "Hazardous
      Activity" and "Remedial Action", "Facilities" shall mean any real property,
      leasehold or other interest in real property currently or formerly owned or
      operated by Company, including the Tangible Personal Property used or operated
      by Company at the respective locations of the Real Property specified herein.
      

    

    "GAAP"
      means
generally
      accepted accounting principles for financial reporting in the United States,
      applied on a basis consistent with the basis on which the Balance Sheet and
      the
      other financial statements referred to in Section 3.4 were
      prepared.

    

    "Governing
      Documents"
      means
with
      respect to any particular entity, (a) if a corporation, the articles or
      certificate of incorporation and the bylaws; (b) if a general partnership,
      the
      partnership agreement and any statement of partnership; (c) if a limited
      partnership, the limited partnership agreement and the certificate of limited
      partnership; (d) if a limited liability company, the articles of organization
      and operating agreement; (e) if another type of Person, any other charter or
      similar document adopted or filed in connection with the creation, formation
      or
      organization of the Person; (f) all equityholders' agreements, voting
      agreements, voting trust agreements, joint venture agreements, registration
      rights agreements or other agreements or documents relating to the organization,
      management or operation of any Person or relating to the rights, duties and
      obligations of the equityholders of any Person; and (g) any amendment or
      supplement to any of the foregoing.

    

    "Governmental
      Authorization"
      means
any
      Consent, license, registration or permit issued, granted, given or otherwise
      made available by or under the authority of any Governmental Body or pursuant
      to
      any Legal Requirement.

    

    "Governmental
      Body"
      means
any:
      (a)
      nation, state, county, city, town, borough, village, district or other
      jurisdiction; (b) federal,
      state, local, municipal, foreign or other government; (c) governmental or
      quasi-governmental authority of any nature (including any agency, branch,
      department, board, commission, court, tribunal or other entity exercising
      governmental or quasi-governmental powers); (d) multinational organization
      or
      body; (e) body exercising, or entitled or purporting to exercise, any
      administrative, executive, judicial, legislative, police, regulatory or taxing
      authority or power; or (f) official of any of the foregoing.

    

    "Ground
      Lease"
      means
any
      long-term lease of land in which most of the rights and benefits comprising
      ownership of the land and the improvements thereon or to be constructed thereon,
      if any, are transferred to the tenant for the term thereof.

    

    "Ground
      Lease Property"
      means
any
      land,
      improvements and appurtenances subject to a Ground Lease in favor of
      Company.

    

    "Hazardous
      Activity"
      means
the
      distribution, generation, handling, importing, management, manufacturing,
      processing, production, refinement, Release, storage, transfer,
      transportation,

    
      
         

      

      
        -
          48 -

        
          

        

      

      
         

      

    

    treatment
      or use (including any withdrawal or other use of groundwater) of Hazardous
      Material in, on, under, about or from any of the Facilities or any part thereof
      into the Environment and any other act, business, operation or thing that
      increases the danger, or risk of danger, or poses an unreasonable risk of harm,
      to persons or property on or off the Facilities.

    

    "Hazardous
      Material"
      means
any
      substance, material or waste which is or will foreseeably be regulated by any
      Governmental Body, including any material, substance or waste which is defined
      as a "hazardous waste," "hazardous material," "hazardous substance," "extremely
      hazardous waste," "restricted hazardous waste," "contaminant," "toxic waste"
      or
      "toxic substance" under any provision of Environmental Law, and including
      petroleum, petroleum products, asbestos, presumed asbestos-containing material
      or asbestos-containing material, urea formaldehyde and polychlorinated
      biphenyls.

    

    "Improvements"
      means
all
      buildings, structures, fixtures and improvements located on the Land or included
      in the Assets, including those under construction.

    

    "Intellectual
      Property Assets" has the meaning set forth in Section 3.21.

    

    "Interim
      Balance Sheet"
      has the
      meaning set forth
      in
      Section 3.4.

    

    "Inventories"
      means
all
      inventories of Company, wherever located, including all finished goods, work
      in
      process, raw materials, spare parts and all other materials and supplies to
      be
      used or consumed by Company in the production of finished goods.

    

    "IRS"
      means
the
      United States Internal Revenue Service and, to the extent relevant, the United
      States Department of the Treasury.

    

    "Knowledge"
      means
      that an
      individual will be deemed to have Knowledge of a particular fact or other matter
      if: (a) that
      individual is actually aware of that fact or matter; or (b) a prudent individual
      could be expected to discover or otherwise become aware of that fact or matter
      in the course of conducting a reasonably comprehensive investigation regarding
      the accuracy of any representation or warranty contained in this Agreement.
      A
      Person (other than an individual) will be deemed to have Knowledge of a
      particular fact or other matter if any individual who is serving, or who has
      at
      any time served, as a director, officer, partner, executor or trustee of that
      Person (or in any similar capacity) has, or at any time had, Knowledge of that
      fact or other matter (as set forth in (a) and (b) above), and any such
      individual (and any individual party to this Agreement) will be deemed to have
      conducted a reasonably comprehensive investigation regarding the accuracy of
      the
      representations and warranties made herein by that Person or
      individual.

    

    "Land"
      means
all
      parcels and tracts of land in which Company has an ownership
      interest.

    

    "Lease"
      means
any
      Real
      Property Lease or any lease or rental agreement, license, right to use or
      installment and conditional sale agreement to which Company is a party and
      any
      other Company Contract pertaining to the leasing or use of any Tangible Personal
      Property.

    
      
         

      

      
        -
          49 -

        
          

        

      

      
         

      

    

    "Legal
      Requirement"--any federal, state, local, municipal, foreign, international,
      multinational or other constitution, law, ordinance, principle of common law,
      code, regulation, statute or treaty.

    

    "Liability"
      means
with
      respect to any Person, any liability or obligation of such Person of any kind,
      character or description, whether known or unknown, absolute or contingent,
      accrued or unaccrued, disputed or undisputed, liquidated or unliquidated,
      secured or unsecured, joint or several, due or to become due, vested or
      unvested, executory, determined, determinable or otherwise, and whether or
      not
      the same is required to be accrued on the financial statements of such
      Person.

     

    “Marl”
      has the meaning set forth in Section 3.21.

    

    "Material
      Consents" has the meaning set forth in Section 7.3.

    

    “Net
      Name” has the meaning set forth in Section 3.21.

    

    "Order"
      means
any
      order, injunction, judgment, decree, ruling, assessment or arbitration award
      of
      any Governmental Body or arbitrator.

    

    "Ordinary
      Course of Business"
      means
an
      action
      taken by a Person will be deemed to have been taken in the Ordinary Course
      of
      Business only if that action:

    

    (a) is
      consistent in nature, scope and magnitude with the past practices of such Person
      and is taken in the ordinary course of the normal, day-to-day operations of
      such
      Person;

    

    (b) does
      not
      require authorization by the board of directors or shareholders of such Person
      (or by any Person or group of Persons exercising similar authority) and does
      not
      require any other separate or special authorization of any nature;
      and

    

    (c) is
      similar in nature, scope and magnitude to actions customarily taken, without
      any
      separate or special authorization, in the ordinary course of the normal,
      day-to-day operations of other Persons that are in the same line of business
      as
      such Person.

    

    “Patent”
      has the meaning set forth in Section 3.21.

    

    "Person"
      means
an
      individual, partnership, corporation, business trust, limited liability company,
      limited liability partnership, joint stock company, trust, unincorporated
      association, joint venture or other entity or a Governmental Body.

    

    "Proceeding"
      means
any
      action, arbitration, audit, hearing, investigation, litigation or suit (whether
      civil, criminal, administrative, judicial or investigative, whether formal
      or
      informal, whether public or private) commenced, brought, conducted or heard
      by
      or before, or otherwise involving, any Governmental Body or
      arbitrator.

    
      
         

      

      
        -
          50 -

        
          

        

      

      
         

      

    

    "Real
      Property"
      means
the
      Land
      and Improvements and all Appurtenances thereto and any Ground Lease
      Property.

    

    "Real
      Property Lease"
      means
any
      Ground Lease or Space Lease.

    

    "Record"
      means
information
      that is inscribed on a tangible medium or that is stored in an electronic or
      other medium and is retrievable in perceivable form.

    

    "Related
      Person"
      means,:

    

    (a) with
      respect
      to a particular individual: (i)
      each
      other member of such individual's Family; (ii)
      any
      Person that is directly or indirectly controlled by any one or more members
      of
      such individual's Family; (iii)
      any
      Person in which members of such individual's Family hold (individually or in
      the
      aggregate) a Material Interest; and (iv)
      any
      Person with respect to which one or more members of such individual's Family
      serves as a director, officer, partner, executor or trustee (or in a similar
      capacity);
      and

    

    (b) with
      respect
      to a specified Person other than an individual: (i)
      any
      Person that directly or indirectly controls, is directly or indirectly
      controlled by or is directly or indirectly under common control with such
      specified Person; (ii)
      any
      Person that holds a Material Interest in such specified Person; (iii)
      each
      Person that serves as a director, officer, partner, executor or trustee of
      such
      specified Person (or in a similar capacity); (iv)
      any
      Person in which such specified Person holds a Material Interest; and
      (v)
      any
      Person with respect to which such specified Person serves as a general partner
      or a trustee (or in a similar capacity).

    

    For
      purposes of this definition, (a) "control" (including "controlling," "controlled
      by," and "under common control with") means the possession, direct or indirect,
      of the power to direct or cause the direction of the management and policies
      of
      a Person, whether through the ownership of voting securities, by contract or
      otherwise, and shall be construed as such term is used in the rules promulgated
      under the Securities Act; (b) the "Family" of an individual includes (i) the
      individual, (ii) the individual's spouse, (iii) any other natural person who
      is
      related to the individual or the individual's spouse within the second degree
      and (iv) any other natural person who resides with such individual; and (c)
      "Material Interest" means direct or indirect beneficial ownership (as defined
      in
      Rule 13d-3 under the Exchange Act) of voting securities or other voting
      interests representing at least ten percent (10%) of the outstanding voting
      power of a Person or equity securities or other equity interests representing
      at
      least ten percent (10%) of the outstanding equity securities or equity interests
      in a Person.

    

    "Release"
      means
any
      release, spill, emission, leaking, pumping, pouring, dumping, emptying,
      injection, deposit, disposal, discharge, dispersal, leaching or migration on
      or
      into the Environment or into or out of any property.

    

    "Remedial
      Action"
      means
all
      actions, including any capital expenditures, required or voluntarily undertaken
      (a) to clean up, remove, treat or in any other way address any Hazardous
      Material or other substance; (b) to prevent the Release or Threat of Release
      or
      to minimize the further Release of any Hazardous Material or other substance
      so
      it does not migrate or endanger or threaten to endanger public health or welfare
      or the Environment; (c) to perform pre-remedial

    
      
         

      

      
        -
          51 -

        
          

        

      

      
         

      

    

    studies
      and investigations or post-remedial monitoring and care; or (d) to bring all
      Facilities and the operations conducted thereon into compliance with
      Environmental Laws and environmental Governmental Authorizations.

    

    "Representative"
      means
with
      respect to a particular Person, any director, officer, manager, employee, agent,
      consultant, advisor, accountant, financial advisor, legal counsel or other
      representative of that Person.

    

    "SEC"
      means
the
      United States Securities and Exchange Commission.

    

    "SEC
      Documents" has the meaning set forth in Section 4.4.

    

    "Securities
      Act"
      means
Securities
      Act of 1933, as amended.

    

    "Seller"
      has the
      meaning set forth
      in the
      first paragraph of this Agreement.

    

    “Sellers’
      Agent” has
      the
      meaning set forth
      in
      Section 13.16.

    

    "Tangible
      Personal Property"
      means
all
      machinery, equipment, tools, furniture, office equipment, computer hardware,
      supplies, materials, vehicles and other items of tangible personal property
      (other than Inventories) of every kind owned or leased by Company (wherever
      located and whether or not carried on Company's books).

    

    "Tax"
      means
any
      income, gross receipts, license, payroll, employment, excise, severance, stamp,
      occupation, premium, property, environmental, windfall profit, customs, vehicle,
      airplane, boat, vessel or other title or registration, capital stock, franchise,
      employees' income withholding, foreign or domestic withholding, social security,
      unemployment, disability, real property, personal property, sales, use,
      transfer, value added, alternative, add-on minimum and other tax, fee,
      assessment, levy, tariff, charge or duty of any kind whatsoever and any
      interest, penalty, addition or additional amount thereon imposed, assessed
      or
      collected by or under the authority of any Governmental Body or payable under
      any tax-sharing agreement or any other Contract.

    

    "Tax
      Return"
      means
any
      return (including any information return), report, statement, schedule, notice,
      form, declaration, claim for refund or other document or information filed
      with
      or submitted to, or required to be filed with or submitted to, any Governmental
      Body in connection with the determination, assessment, collection or payment
      of
      any Tax or in connection with the administration, implementation or enforcement
      of or compliance with any Legal Requirement relating to any Tax.

    

    "Third
      Party"
      means
a
      Person
      that is not a party to this Agreement.

    

    "Third-Party
      Claim"
      means
any
      claim
      against any Indemnified Person by a Third Party, whether or not involving a
      Proceeding.

    

    "Threat
      of Release"
      means
a
      reasonable likelihood of a Release that may require action in order to prevent
      or mitigate damage to the Environment that may result from such
      Release.

    

    “Trade
      Secret” has the meaning set forth in Section 3.21.

    

      
        
           

        

        
          -
            52 -

          
            

          

        

        
           

        

      

    EXHIBIT
      2.3(a)(vi)

    

    SELLER’S
      LEGAL OPINION

    
      
         

      

      
        -
          53 -

        
          

        

      

      
         

      

    

    SCHEDULES

    

    
      
         

      

      
        -
          54 -

        
          

        

      

      
         

      

    

    Schedule
      3.1(a):

    

    Jurisdictions
      of Company

    

    

    1.
       Russian
      Federation

    

    
      
         

      

      
        -
          55 -

        
          

        

      

      
         

      

    

    Schedule
      3.1(b):

     

    Governing
      Documents of Company

    
      
         

      

      
        -
          56 -

        
          

        

      

      
         

      

    

    Schedule
      3.3(a):

    

    Company’s
      Capitalization

    

    

    100%
      of
      the issued and outstanding shares of the Company are owned in the aggregate
      by
      Sellers

    
      
         

      

      
        -
          57 -

        
          

        

      

      
         

      

    

    Schedule
      3.6(a):

    

    Company’s
      Assets

    
      
         

      

      
        -
          58 -

        
          

        

      

      
         

      

    

     

    Schedule
      3.7(a):

    

    Real
      Estate Owned by Company

    

    

    

    

    
      
         

      

      
        -
          59 -

        
          

        

      

      
         

      

    

    Schedule
      3.7(b):

    

    Real
      Estate Leased by Company

    

    

    

    

    
      
         

      

      
        -
          60 -

        
          

        

      

      
         

      

    

    Schedule
      3.8(a):

    

    Encumbrances
      on Real Estate of Company

    

    

    

    
      
         

      

      
        -
          61 -

        
          

        

      

      
         

      

    

    Schedule
      3.13(a):

    

    Unpaid
      Taxes of Company

    

    

    

    
      
         

      

      
        -
          62 -

        
          

        

      

      
         

      

    

    Schedule
      3.13(b):

    

    Company
      Tax Returns and Audits Thereof

    

    
      
         

      

      
        -
          63 -

        
          

        

      

      
         

      

    

    

    Schedule
      3.15(a):

    

    Company
      Personnel Matters

    

    

    
      
         

      

      
        -
          64 -

        
          

        

      

      
         

      

    

    Schedule
      3.15 (b) 

    

    List
      of
      Labor Agreements 

    
      
         

      

      
        -
          65 -

        
          

        

      

      
         

      

    

    Schedule
      3.16(b):

    

    Company
      Governmental Authorizations

    
      
         

      

      
        -
          66 -

        
          

        

      

      
         

      

    

     

    Schedule
      3.18(a):

    

    Company
      Contracts

    

    

    

    

    
      
         

      

      
        -
          67 -

        
          

        

      

      
         

      

    

    Schedule
      3.18I:

    

    Enforceability
      of Company Contracts

    

    

    

    

    
      
         

      

      
        -
          68 -

        
          

        

      

      
         

      

    

    Schedule
      3.18(d):

    

    Compliance
      with Company Contracts

    

    

    

    
      
         

      

      
        -
          69 -

        
          

        

      

      
         

      

    

    Schedule
      3.19(a):

    

    Company
      Insurance Policies

    

    
      
         

      

      
        -
          70 -

        
          

        

      

      
         

      

    

    

    Schedule
      3.19(b):

    

    Third
      Party Obligations of Company to Provide Insurance Coverage

    

    

    

    
      
         

      

      
        -
          71 -

        
          

        

      

      
         

      

    

    Schedule
      3.20:

    

    Company
      Environmental Liabilities

    

    

    

    

    
      
         

      

      
        -
          72 -

        
          

        

      

      
         

      

    

    Schedule
      3.21(b):

    

    Company
      Intellectual Property Matters

    

    

    

    

    
      
         

      

      
        -
          73 -

        
          

        

      

      
         

      

    

    Schedule
      3.21I:

    

    Intellectual
      Property Licenses

    

    

    

    

    
      
         

      

      
        -
          74 -

        
          

        

      

      
         

      

    

    Schedule
      3.21(e):

    

    Company
      Patents

    

    

    

    

    
      
         

      

      
        -
          75 -

        
          

        

      

      
         

      

    

    Schedule
      3.21(h):

    

    Company
      Marks

    

    

    

    

    

    
      
         

      

      
        -
          76 -

        
          

        

      

      
         

      

    

    Schedule
      3.21(i):

    

    Company
      Copyrights

    

    

    

    

    
      
         

      

      
        -
          77 -

        
          

        

      

      
         

      

    

    Schedule
      3.21(k):

    

    Company
      Net Names

    

    

    
      
         

      

      
        -
          78 -

        
          

        

      

      
         

      

    

     

    Schedule
      3.22:

    

    Company
      Related Persons

    

    

    

    

    
      
         

      

      
        -
          79 -

        
          

        

      

      
         

      

    

     

    Schedule
      3.23:

    

    Company
      Brokers

    

    

    

    

    

    
      
         

      

      
        -
          80 -

        
          

        

      

      
         

      

    

    Schedule
      3.24:

    

    Company
      Securities Law Matters

    

    

    

    

    

    
      
         

      

      
        -
          81 -

        
          

        

      

      
         

      

    

     

    Schedule
      4.3(a):

    

    Buyer’s
      Capitalization

    

    Authorized
      Capital Stock: 25,000,000 shares of common stock, par value $0.001

    

    Total
      Number of Issued and Outstanding Shares: 2,000,000 shares of common
      stock

    
      
         

      

      
        -
          82 -

        
          

        

      

      
         

      

    

    Schedule
      4.7:

    

    Buyer
      Brokers

    

    

    

    

    
      
         

      

      
        -
          83 -

        
          

        

      

      
         

      

    

    Schedule
      7.3:

    

    Company
      Material Consents

    

    

    

    

    
      
         

      

      
        -
          84 -

        
          

        

      

      
         

      

    

    Schedule
      8.3:

    

    Buyer
      Material Consents

     

     

    
      
         

      

        -
          85 -EX 10.3

    SOCKEYE
      SEAFOOD GROUP, INC. 

    

    SUBSCRIPTION
      AGREEMENT

    

    

    THE
      SECURITIES HAVE NOT BEEN REGISTERED WITH THE SECURITIES AND EXCHANGE COMMISSION
      UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR IN ANY STATE AND THEREFORE
      MAY
      NOT BE SOLD, TRANSFERRED, PLEDGED, HYPOTHECATED OR OTHERWISE DISPOSED OF IN
      THE
      ABSENCE OF (I) AN EFFECTIVE REGISTRATION STATEMENT FOR SUCH SECURITIES UNDER
      SAID ACT OR (II) AN OPINION OF COUNSEL SATISFACTORY TO THE COMPANY THAT SUCH
      REGISTRATION IS NOT REQUIRED. THIS AGREEMENT SHALL NOT CONSTITUTE AN OFFER
      TO
      SELL NOR A SOLICITATION OF AN OFFER TO BUY THE SECURITIES IN ANY JURISDICTION
      IN
      WHICH SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL.

    

    I. SUBSCRIPTION

    

    
      	
              A.

            	
              The
                Units.
                This Subscription Agreement relates to units of Sockeye Seafood Group,
                Inc., a Nevada corporation (the “Company”), each unit consisting of one
                share of common stock (the “Subscribed Shares”), and one share purchase
                warrant, exercisable for one share of common stock at an exercise
                price of
                US$2.50 (“Purchase Warrants”) (collectively referred to as “Units”). The
                price per Unit is US$1.00. The Company is offering for sale up to
                a
                maximum amount of 10,000,000 Units.

            

    

    

    
      	 	
              Notwithstanding
                anything contained herein to the contrary, neither the amount of
                Subscribed Shares nor the amount of shares of common stock issuable
                upon
                exercise of the Purchase Warrants shall be affected by the next stock
                split to be effectuated by the Company. For purposes of illustration
                only,
                if the undersigned purchases 100,000 Units and then the Company
                effectuates a split (whether reverse or forward), notwithstanding
                the
                split the undersigned shall have 100,000 Subscribed Shares and 100,000
                Purchase Warrants to purchase 100,000 shares of common stock at an
                exercise price of US$2.50 per
                share.

            

    

    

    
      	B.	
              Subscriber
                and Method of Payment. The
                undersigned subscriber (the “Subscriber”) hereby subscribes, on the terms
                and conditions set forth in this Subscription Agreement, to purchase
                1,000,000 Units at an aggregate purchase price of US$1,000,000 (the
                “Purchase Price”), consisting of 1,000,000 Subscribed Shares and 1,000,000
                Purchase Warrants attached. 

            

    

    

    The
      Subscriber acknowledges that by executing this Subscription Agreement and upon
      delivery to David Lubin & Associates, PLLC (“Escrow Agent”) that the
      Subscriber is making an irrevocable offer to purchase the Units from the Company
      against payment of the Purchase Price. This subscription may be rejected by
      the
      Company in its sole discretion. The Subscriber hereby agrees, on the day upon
      which it receives notification from the Escrow Agent that this Subscription
      Agreement has been unconditionally accepted by the Company, to deliver to the
      Escrow Agent, in favor of the Company, a wire or certified check backed by
      immediately available funds in the amount of the

    
      
         

      

      
        -
          1 -

        
          

        

      

      
         

      

    

    Purchase
      Price. Upon receipt by the Escrow Agent of the amount of the Purchase Price
      in
      the specified manner, the Company shall deliver to the Escrow Agent a share
      certificate(s) of the Company in the name of the Subscriber evidencing the
      Subscribed Shares and the Subscriber’s ownership thereof along with
      documentation evidencing the Purchase Warrants in the form of a Warrant to
      Purchase Common Shares of Sockeye Seafood Group, Inc. (attached as Appendix
“A”
to this Subscription Agreement). The Escrow Agent shall then disperse the
      Purchase Price to the Company and the share certificate(s) and Purchase Warrants
      to the Subscriber.

    

    The
      wire
      instructions for the Escrow Agent are as follows:

    

    Bank
      of
      America

    ABA:
      026009593

    SWIFT:
      BOFAUS3N

    ACH:
      021000322

    David
      Lubin & Associates Master Escrow Account: 9429354769

    

    
      	
              C.

            	
              Terms
                and Exercise of Purchase Warrants.
                The terms and exercise particulars of the purchase warrants are as
                follows: 

            

    

    

    (i) Term
      of Warrants.
      Each
      Purchase Warrant will entitle the Subscriber to acquire one share of the
      Company’s common stock on or before the date that is twenty-four (24) months
      after the date this Subscription Agreement is accepted by the Company at US$2.50
      per common share (“Warrant Purchase Price”), subject to the forced conversion
      provisions detailed herein. 

    

    (ii) Exercise
      of Purchase Warrants.
      Each
      Purchase Warrant may be purchased upon delivery to the Company at its principal
      office, the following: (a) payment of the Warrant Purchase Price, (b) the
      Subscription Form (attached hereto as Appendix “B” to this Subscription
      Agreement) providing written notice setting out the number of Purchase Warrants
      to be purchased, and (c) delivery of the Warrant to Purchase Common Shares
      of
      Sockeye Seafood Group, Inc.

    

    Upon
      payment of the Warrant Purchase Price and delivery of the required
      documentation, the Company will issue and cause to be delivered with all
      reasonable dispatch to or upon the written order of Subscriber, a certificate
      or
      certificates for the number of shares of the Company’s common stock so
      purchased. The right to purchase represented by the Purchase Warrants shall
      be
      exercisable, at the election of the Subscriber thereof, either in full or from
      time to time in part. In the event the Purchase Warrants are exercised in
      respect to less than all of the Purchase Warrants convertible prior to the
      date
      of expiration thereof, the remaining Purchase Warrants will continue to be
      subject to adjustment as set forth in herein.

    

    (iii) Forced
      Conversion of Purchase Warrants. The
      Purchase Warrants shall be subject to forced conversion, at the option of the
      Company, if the Company’s common stock trades at or above 100% above the closing
      ask price of the Common Stock of the Corporation on the date the Purchase Price
      is received by the Escrow Agent and accepted by the Corporation for forty-five
      (45) consecutive trading days, in which case the Purchase Warrants will expire
      on the twentieth (20th)
      calendar day following the date notice of forced conversion is mailed to all
      Purchase Warrant holders.

    
      
         

      

      
        -
          2 -

        
          

        

      

      
         

      

    

    
      	D.	
              Reservation
                of Purchase Warrant Shares.
                The Company will at all times keep reserved and available, out if
                its
                authorized common stock, such number of shares of common stock as
                will be
                sufficient to provide for the exercise of the rights to purchase
                the
                Company’s common stock represented by the Purchase Warrants. The transfer
                agent for the common stock and any successor transfer agent for any
                shares
                of the Company’s capital stock issuable upon the exercise of any of such
                rights of purchase, will be irrevocably authorized and directed at
                all
                times to reserve such number of authorized shares as shall be requisite
                for such purpose. The Company will keep a copy of this Subscription
                Agreement on file with the transfer agent or its
                successors.

            

    

    

    
      	
              E.

            	
              Adjustment
                of the Number of Purchase Warrants.
                The number of Purchase Warrants convertible pursuant to this Subscription
                Agreement shall be subject to adjustment from time to time upon the
                happening of certain events, as
                follows:

            

    

    

    (i) Adjustment
      for Recapitalization.
      In the
      event the Company shall (a) subdivide its outstanding shares
      of
      common stock, (b) reverse split or otherwise reduce its outstanding shares
      of
      common stock into a smaller number of shares of common stock, or (c) issue
      or
      convert by reclassification or recapitalization of its shares of common stock
      into, for, or with other securities (“Recapitalization”), the number of Purchase
      Warrants exercisable hereunder immediately following such Recapitalization
      and
      the Warrant Purchase Price shall be proportionately adjusted. An adjustment
      made
      pursuant to this paragraph shall be calculated by the Company and shall become
      effective immediately after the effective date of such action retroactive to
      the
      effective date.

    

    (ii) Preservation
      of Purchase Rights Under Consolidation.
      In case
      of any Recapitalization or any other consolidation of the Company with or merger
      of the Company into another corporation, or in case of any sale or conveyance
      to
      another corporation of the property of the Company as an entirely or
      substantially as an entirety, the Company shall prior to the closing of such
      transaction, cause such successor or purchasing corporation, as the case may
      be,
      to acknowledge and accept responsibility for the Company’s obligations hereunder
      and to grant the Subscriber the right thereafter upon payment of the Warrant
      Purchase Price to purchase the kind and amount of shares and other securities
      and property which it would have owned or have been entitled to receive after
      the happening of such consolidation, merger, sale or conveyance. The provisions
      of this paragraph shall similarly apply to successive consolidations, mergers
      sales or conveyances.

    

    (iii) Notice
      of Adjustment.
      Whenever the number of Purchase Warrants convertible hereunder is adjusted,
      as
      herein provided, the Company will mail by first class mail, postage prepaid,
      to
      the Subscriber notice of such adjustment or adjustments, setting forth the
      adjusted number of Purchase Warrants exercisable and a brief statement of the
      facts requiring such adjustment, including the computation by which such
      adjustment was made.

    

    (iv) Adjustment
      for Dividends.
      Except
      as provided herein, no adjustment to the Purchase Warrants shall be made in
      respect to any cash dividend.

    

    
      	
              F.

            	
              Failure
                to Deliver Purchase Warrant Shares Constitutes Breach of the
                Agreement.
                Failure by the Company, for any reason, to deliver the certificates
                representing any shares purchased pursuant to the Purchase Warrants,
                or
                the placement of a stop

            

    

    
      
         

      

      
        -
          3 -

        
          

        

      

      
         

      

    

    transfer
      order by the Company, shall constitute a breach under the Agreement and, for
      the
      purpose of the Purchase Warrants, failure to deliver or transfer the subject
      shares shall automatically toll the expiration of this Subscription Agreement
      for a period of time equal to the delay in delivering the subject shares or
      term
      of the stop transfer order.

    

    
      	
              G.

            	
              Assignment.
                This Subscription Agreement and the rights hereunder shall not be
                assigned
                by either party hereto.

            

    

    

    
      	
              H.

            	
              Shareholder’s
                Rights.
                Subscriber shall have shareholder rights with respect to the Purchase
                Warrants only when Subscriber has converted the Purchase Warrants
                to
                purchase those shares and provided the Company with payment and
                documentation as specified in Section I Part C (i) and (ii) of this
                Agreement.

            

    

    

    
      	
              I.

            	
              Commission.
                The Units will be offered and sold on behalf of the Company by the
                directors, officers, or employees of the Company or by broker-dealers.
                To
                the extent Units are offered and sold by broker-dealers or other
                finders,
                the Company will pay such broker-dealers a commission of up to ten
                (10%)
                percent of the gross proceeds raised from the sale of Units sold.
                

            

    

    

    
      	
              J.

            	
              Escrow
                Fees.
                The Company has entered into an escrow agent agreement with David
                Lubin
                & Associates, PLLC whereby the Company shall pay one and a half
                percent (1⁄2%) of the gross amount raised, up to a maximum escrow fee
                payable of $10,000. Further, Escrow Agent will be reimbursed for
                its
                expenses in connection with acting as escrow agent hereunder. No
                other
                escrow fees are payable to Escrow
                Agent.

            

    

    

    
      	K.	
              Registration
                Rights.
                The Company agrees that, within six months from the date that all
                the
                Units being offered herein are sold and the Company completing raising
                aggregate gross proceeds of $10,000,000 hereunder (the “Closing”), it
                shall prepare and file with the Securities and Exchange Commission
                a
                registration statement (the “Registration Statement”) relating to the
                re-sale of the Subscribed Shares and the shares underlying the Warrants
                under the Securities Act of 1933, as amended (the
                “Act”).

            

    

     

    If the
      Registration Statement is not filed by the seventh month after the Closing,
      then
      the Company will make payments to the Subscribers of the Units in such amounts
      and at such times as shall be determined pursuant to this Section as their
      exclusive and sole relief for the damages to the Subscribers by reason of any
      such delay in or reduction of their ability to sell their shares (which remedy
      shall be exclusive of any other remedies available at law or in equity). The
      Company shall pay to each Subscriber an amount equal to 1% of such investor’s
      applicable Purchase Price for each month after the Closing that the Registration
      Statement is not filed with the SEC.

     

    
      	
              II.

            	
              ACKNOWLEDGEMENTS
                OF THE SUBSCRIBER. The
                Subscriber acknowledges to the Company
                that:

            

    

    

    
      	
              A.

            	
              The
                Company has made available to it and/or its advisors any and all
                information related to the Company that might be required to fully
                evaluate the merits and risks of an investment in the Units (the
                “Investment”) and the Subscriber has carefully evaluated its financial
                resources and investment position, as well as the risks associated
                with
                the Investment. The Subscriber has not relied on any oral representations
                or oral information furnished to the Subscriber or its advisors by
                the
                Company or its officers,
                directors,

            

    

    
      
         

      

      
        -
          4 -

        
          

        

      

      
         

      

    

    shareholders,
      employees, attorneys, accountants, agents or representatives (collectively
      the
“Company Representatives”), in connection with this offering. The Subscriber, in
      determining to make the Investment, has relied solely on the information
      contained in the Company’s disclosure documentation filed with the Securities
      and Exchange Commission pursuant to Section 13 or 15(d) of the Exchange Act
      of
      1934, as amended and information otherwise provided in writing by officers
      and
      directors of the Company. Neither the Company nor any of the Company
      Representatives, nor anyone purporting to act on their behalf, has made any
      oral
      representation to Subscriber with respect to any tax, financial or economic
      benefits to be derived from the Investment. The Subscriber is relying solely
      upon the Subscriber’s own knowledge and upon the advice of its personal advisors
      with respect to the tax, financial, economic and other pertinent aspects of
      the
      Investment.

    

    
      	
              B.

            	
              The
                Company has a limited operating history for this and other reasons,
                the
                Investment involves significant financial risks, including the risk
                of
                loss to the Subscriber of the entire Purchase
                Price.

            

    

    

    
      	
              C.

            	
              No
                assurance can be made that the Company will continue to operate,
                or, if it
                does operate and there is a profit, that dividends will be declared
                and
                paid on the Company’s common
                shares.

            

    

    

    
      	
              D.

            	
              The
                Subscriber may not be able to sell or dispose of the Units or the
                securities underlying the Units. 

            

    

    

    
      	
              E.

            	
              The
                Subscriber’s commitment to investments which are not readily marketable is
                not disproportionate to the Subscriber’s net worth and making this
                investment will not cause the Subscriber’s overall commitment thereto to
                become excessive. The Subscriber has the financial ability to bear
                the
                economic risk of its investment, had adequate means for providing
                for its
                current needs and contingencies and has no need for liquidity with
                respect
                to his investment in the Units.

            

    

    

    
      	
              F.

            	
              The
                Subscriber is aware that the offer and sale of the Units has not
                been
                registered under the Securities Act or registered or qualified under
                applicable state securities or “Blue Sky” laws, and , therefore, the
                securities underlying the Units cannot be reoffered and resold unless
                either the reoffer and resale thereof are subsequently registered
                and
                qualified under the Act and said Blue Sky laws or an exemption from
                such
                registration and qualification is available; the Company has no intention
                of registering or qualifying the Units under the Act or any such
                Blue Sky
                laws and no exemption from registration or qualification may be available
                under the Act or such Blue Sky laws to the Subscriber at the time
                he
                wishes to dispose of the Company’s common
                shares.

            

    

    

    
      	
              G.

            	
              No
                federal or state agency has passed upon the Units or made any finding
                or
                determination as to the fairness of the
                Investment.

            

    

    

    
      	
              H.

            	
              Neither
                the Company nor any Company Representative offered to sell the Subscriber
                any security by means of any form of general advertising or general
                solicitation, such as media advertising or
                seminars.

            

    

    
      
         

      

      
        -
          5 -

        
          

        

      

      
         

      

    

     

    
      	
              I.

            	
              The
                Subscriber is an “accredited investor” as that term is defined in Rule 501
                of the General Rules and Regulations under the Securities Act by
                reason of
                Rule 501(a)(3). In connection therewith, the Subscriber represents
                and
                warrants to the Company that all information that the Subscriber
                has
                provided to the Company, including, without limitation, the information
                in
                the Investor Questionnaire attached hereto or previously provided
                to the
                Company (the “Investor Questionnaire”), is correct and complete
                

            

    

    

    
      	J.	
              The
                Subscriber is acquiring the Units for its own account as principal,
                Shares
                for his own account as principal, 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 Units
                or any
                portion thereof. Further, the Subscriber does not have any contract,
                undertaking, agreement or arrangement with any person to sell, transfer
                or
                grant participations to such person or to any third person, with
                respect
                to the Units for which the undersigned is subscribing or any part
                of the
                Units.

            

    

    

    
      	K.	
              The
                Subscriber has full power and authority to enter into this Agreement,
                the
                execution and delivery of this Agreement has been duly authorized,
                if
                applicable, and this Agreement constitutes a valid and legally binding
                obligation of the undersigned.

            

    

    

    
      	
              L.

            	
              The
                Subscriber is not subscribing for the Units 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 any solicitation
                of a
                subscription by person previously not known to the undersigned in
                connection with investment securities
                generally.

            

    

    

    
      	
              M.

            	
              The
                Subscriber is (i) experienced in making investments of the kind described
                in this Agreement and the related documents, (ii) 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 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 (iii) able to afford the
                entire
                loss of its investment in the
                Units.

            

    

    

    
      	III.	
              ACKNOWLEDGEMENTS
                OF
                THE COMPANY.
                The
                Company represents, covenants and warrants the
                following:

            

    

    

    
      	A.	
              Reporting
                Status and Stage of the Company.
                The Company is a corporation duly organized, validly existing and
                in good
                standing under the laws of the State of Nevada and is duly qualified
                as a
                foreign corporation in all jurisdictions in which the failure to
                so
                qualify would have a material adverse effect on the Company and its
                subsidiaries taken as a whole. The Company is subject to the reporting
                requirements of section 13 or 15(d) of the Securities Exchange Act
                of
                1934, as amended. The Company is not an investment company subject
                to
                reporting requirements the Investment Company Act of
                1940.

            

    

    

    
      	B.	
              Concerning
                the Stock.
                The issuance, sale and delivery of the Units are within the Company's
                corporate powers and have been duly authorized by all required corporate
                action on the part of the Company. When such shares of the Company’s
                common stock are issued, sold and delivered in accordance with the
                terms
                hereof for the consideration

            

    

    
      
         

      

      
        -
          6 -

        
          

        

      

      
         

      

    

    expressed
      herein, such securities will be duly and validly issued, fully paid and
      non-assessable. There are no preemptive rights of any shareholders of the
      Company.

    

    
      	C.	
              Subscription
                Agreement.
                This Subscription Agreement has been duly authorized, validly executed
                and
                delivered on behalf of the Company and is a valid and binding agreement
                enforceable against the Company in accordance with its terms, subject
                to
                general principles of equity and to bankruptcy or other laws affecting
                the
                enforcement of creditors' rights.

            

    

    

    
      	IV.	
              RELIANCE
                ON REPRESENTATIONS. The
                Subscriber understands that the offer and sale of the Units is not
                being
                registered under the Act. The Company is relying on the representations,
                warranties and agreements of the Subscriber made herein to determine
                exemption from registration under the
                Act.

            

    

    

    
      	V.	
              RESALES.
                Subscriber acknowledges and agrees that the securities underlying
                the
                Units may only be resold (a) in compliance with all state and federal
                securities laws, (b) pursuant to a Registration Statement under the
                Act or
                (c) pursuant to an exemption from registration under the Act and
                any
                applicable U.S. state securities
                laws.

            

    

    

    
      	VI.	
              TRANSFER
                AGENT INSTRUCTIONS.
                The
                Company will instruct its transfer agent to issue one or more stock
                certificates representing the Subscribed Shares with the restrictive
                legend set forth above in the name of Subscriber and will instruct
                such
                agent that the Subscribed Shares have been issued pursuant to Regulation
                D. The Company further agrees that upon the expiration of the distribution
                compliance period, the Company will cooperate as fully as the law
                allows
                with Subscriber’s request to lift the restrictive legend from such shares
                upon receipt of sufficient evidence that the Subscriber has complied
                with
                applicable securities laws and, upon receipt of such evidence, shall
                promptly instruct the Transfer Agent to transfer the Subscribed Shares
                without legend as expeditiously as practical after receipt of the
                certificates representing such Shares, provided that the Company
                shall not
                be required to deliver such instructions if it knows, or reasonably
                believes, that any of the representations made by the Subscriber
                is
                false.

            

    

    

    
      	VII.	
              STOCK
                DELIVERY INSTRUCTIONS.
                The Subscribed Shares shall be delivered to the Subscriber in accordance
                with the process required by Section I as agreed upon
                herein.

            

    

    

    
      	VIII.	
              CONDITIONS
                OF THE COMPANY’S OBLIGATION TO ISSUE SHARES.
                Subscriber understands that the Company’s obligation to issue the
                Subscribed Shares and authorize the Purchase Warrants is conditioned
                upon:

            

    

    

    The
      receipt and acceptance by the Company of this Subscription Agreement, which
      receipt and acceptance will be evidenced by execution of this Subscription
      Agreement by an executive officer of the Company and delivery of the Subscribed
      Shares, this Subscription Agreement and a Warrant to Purchase Common Shares
      of
      Sockeye Seafood Group, Inc. to Subscriber. 

    

    Notwithstanding
      the foregoing, the Subscriber understands and agrees that the Company reserves
      the right to reject this subscription for the Units if, in its reasonable
      judgment, it deems such action in the best interest of the Company. The
      Subscriber understands and agrees that its subscription for the Purchased Shares
      is irrevocable. In the event the sale of the Units subscribed for by the
      Subscriber is not consummated by

    
      
         

      

      
        -
          7 -

        
          

        

      

      
         

      

    

    the
      Company for any reason (in which event this Subscription Agreement shall be
      deemed to be rejected), this Subscription Agreement and any other agreement
      entered into between the Subscriber and the Company relating to this
      subscription shall thereafter have no force or effect and the Company shall
      promptly return or cause to be returned to the undersigned the Purchase Price
      remitted to the Company by the Subscriber, without interest thereon or deduction
      therefrom.

    

    
      	
              IX.

            	
              ENTIRE
                AGREEMENT.
                This
                Agreement constitutes the entire agreement among the parties hereto
                with
                respect to the subject matter hereof and supersedes any and all prior
                or
                contemporaneous representations, warranties, agreements and understandings
                in connection therewith. This Agreement may be amended only by a
                writing
                executed by all parties hereto.

            

    

    

    
      	X.	
              INDEMNIFICATION.
                The Subscriber agrees to indemnify the Company and its officers,
                directors, employees, shareholders, agents, representatives, affiliates
                and their respective successors and assigns harmless from and against
                any
                and all losses, damages, liabilities, costs and expenses (including
                attorneys' fees) which any of the foregoing may sustain or incur
                in
                connection with any breach by the Subscriber of any representation,
                warranty or covenant made by it in this Subscription
                Agreement.

            

    

    

    
      	XI.	
              NOTICES.
                Any notice to be given or to be served upon any party to this Subscription
                Agreement in connection with this Subscription Agreement must be
                in
                writing and will be deemed to have been given and received upon confirmed
                receipt, if sent by facsimile, or five (5) days after it has been
                submitted for delivery by Federal Express or an equivalent carrier,
                charges prepaid and addressed to the following addresses with a
                confirmation of delivery:

            

    

     

    If
      to the
      Company, to:

    

    Sockeye
      Seafood Group, Inc.

    ______________________

    ______________________

    Phone
      No.: 

    Fax
      No.:

    

    If
      to the
      Escrow Agent, to:

    

    David
      Lubin & Associates, PLLC

    26
      East
      Hawthorne Avenue

    Valley
      Stream, NY 11580

    Attn:
      David Lubin, Esq.

    Phone
      No:
      (516) 887-8200

    Fax
      No.:
      (516) 887-8250

    

    If
      to the
      Subscriber, to:

    

    Hampton
      Park Capital LLC

    ______________________

    ______________________

    ______________________

    
      
         

      

      
        -
          8 -

        
          

        

      

      
         

      

    

    Attn:
      __________________

    Phone
      No.: _____________

    Fax
      No.:
      _______________

    

    Any
      party
      may, at any time by giving written notice to the other party, designate any
      other address in substitution of an address established pursuant to the
      foregoing, to which such notice will thereafter be given.

    

    
      	
              XII.

            	
              MULTIPLE
                COUNTERPARTS. This
                Subscription Agreement may be executed in several counterparts, each
                of
                which will be deemed to be an original but all of which will constitute
                one in the same instrument. However, in enforcing any party's rights
                under
                this Subscription Agreement it will be necessary to produce only
                one copy
                of this Subscription Agreement signed by the party to be charged.
                A
                signature sent by legible facsimile shall be deemed an original.
                

            

    

    

    
      	XIII.	
              GOVERNING
                LAW. This
                Subscription Agreement will be construed and enforced in accordance
                with
                and governed by the laws of the State of Nevada except for matters
                arising
                under the Securities Act, without reference to principles of conflicts
                of
                law. Each of the parties hereby consents to the personal jurisdiction
                of
                the federal courts whose districts encompass any part of the State
                of Utah
                in connection with any dispute arising under this Subscription Agreement
                and hereby waives, to the maximum extent permitted by law, any objection,
                including any objection based on forum
                non conveniens,
                to the bringing of any such proceeding in such jurisdictions. Each
                party
                hereby agrees that if another party to this Subscription Agreement
                obtains
                a judgment against it in such a proceeding, the party which obtained
                such
                judgment may enforce same by summary judgment in the courts of any
                country
                having jurisdiction over the party against whom such judgment was
                obtained, and each party hereby waives any defenses available to
                it under
                local law and agrees to the enforcement of such a judgment. Each
                party to
                this Subscription Agreement irrevocably consents to the service of
                process
                in any such proceeding by the mailing of copies thereof by registered
                or
                certified mail, postage prepaid, to such party at its address set
                forth in
                this agreement. Nothing herein shall affect the right of any party
                to
                serve process in any other manner permitted by
                law.

            

    

    
      
         

      

      
        -
          9 -

        
          

        

      

      
         

      

    

     

    The
      undersigned acknowledges that this Subscription Agreement shall not be effective
      unless and until accepted by the Company as indicated below.

    

    “Subscriber” 

    

    Hampton
      Park Capital LLC

    

    Printed
      Name: /s/ Marcus Babini

    

    Title:
      Manager

    

    DATED
      this 1st day of December, 2006

     

    Jurisdiction
      of Execution:     

    

    “The
      Company”

     

    By:
      /s/
      Marcus Segal, Chief Executive Officer

     

    Accepted
      this 1st day of December, 2006

    
      
         

      

      
        -
          10 -

        
          

        

      

      
         

      

    

    APPENDIX
      “A”

    WARRANT
      TO PURCHASE COMMON SHARES

    OF

    SOCKEYE
      SEAFOOD GROUP, INC.

    (Incorporated
      under the laws of the State of Nevada)

    

    THIS
      IS
      TO CERTIFY THAT, for value received, ____________________ with offices located
      at____________________________________________ (the “Holder”), is entitled to
      purchase:

     

    _________________________
      (__________)

     

    non-assessable
      common shares of Sockeye Seafood Group, Inc. (hereinafter called the "Company")
      as such shares were constituted on the date hereof at any time up to 5:00 p.m.
      local time in New York on or before _____________, 2008, the expiration date
      of
      the entitlement to purchase common shares of the Company, at a price of US$2.50
      per share in lawful money of the United States, upon and subject to the “Terms,
      Conditions and Instructions” attached hereto.

     

    This
      warrant (the “Warrant”) may not be transferred by the Holder. This Warrant and
      the common shares to be issued upon its exercise have not been registered under
      the Securities Act of 1933, as amended ("the Securities Act") or the securities
      laws of any state of the United States. This Warrant may not be exercised by
      or
      on behalf of any U.S. person, directly or indirectly, or in the United States,
      unless (i) the common shares are registered under the Securities Act and the
      applicable laws of any such state, or, (ii) an exemption from such registration
      requirements is available. "United States" and "U.S. person" are as defined
      by
      Rule 901 of Regulation S under the Securities Act.

     

    This
      Warrant may be exercised only through the principal offices of the Company.
      

    

    SOCKEYE
      SEAFOOD GROUP, INC.

    

    By:

    

    

    DATE:
      _________________, 2006

     

    
      
         

      

      
        -
          11 -

        
          

        

      

      
         

      

    

     

    APPENDIX
      “A”    TERMS,
      CONDITIONS AND INSTRUCTIONS

    

    
      	1.	
              The
                Holder of this Warrant may subscribe for the number of shares of
                the
                Company indicated on the face
                hereof.

            

    

     

    
      	2.	
              For
                each share purchased pursuant to this Warrant, payment must be made
                in the
                amount of US$2.50 per share. All payments must be made in US funds,
                in
                cash or by certified check, bank draft or money order payable in
                New York.
                If payment is in the form of an uncertified check, the Company reserves
                the right to deem the payment not received until the check has cleared
                the
                account upon which it has been
                drawn.

            

    

     

    
      	3.	
              To
                exercise the rights evidenced by this Warrant, this Warrant with
                the
                attached Subscription Form, must be delivered or mailed to the Company,
                at
                ________, and must be received by the
                Company.

            

    

    

    
      	4.	
              The
                rights evidenced by this Warrant expire at 5:00 p.m. local time in
                New
                York on ______________, 2008 subject to the condition that this
                Warrant will be subject to forced exercise, at the option of the
                Company,
                if the Company’s common shares trade at or above 100% of $__, in which
                case this Warrant will expire on the 20th
                calendar day following the date notice of forced conversion is mailed
                to
                all Warrant Holders.

            

    

    

    
      	5.	
              The
                rights evidenced by this Warrant may not be
                transferred.

            

    

     

    
      	6.	
              If
                this Warrant or the purchase price is forwarded by mail it is suggested
                that registered mail be used as the Company will not be responsible
                for
                any losses which occur through the use of
                mails.

            

    

     

    
      	7.	
              The
                rights evidenced by this Warrant are to purchase common shares in
                the
                capital stock of the Company as they were constituted on the date
                hereof.
                The number of shares and the exercise price of the Warrants are subject
                to
                adjustment in the events and in the manner
                following:

            

    

     

    
      	 	
              (a)

            	
              if
                the Company consolidates or subdivides its shares or pays a stock
                dividend, the number of shares issuable on the exercise of one Warrant
                and
                the purchase price of the Warrant will be increased or decreased
                proportionately so that each Warrant will entitle the holder to acquire
                the same percentage of shares of the Company at the same total price
                immediately after the subdivision, consolidation or stock dividend
                as the
                holder could purchase immediately before that event
                occurred;

            

    

     

    
      	 	
              (b)

            	
              in
                case of any capital reorganization or reclassification of the capital
                of
                the Company or the merger or amalgamation of the Company with or
                into any
                other company, each Warrant will entitle the holder to acquire, at
                the
                same total price, the number of shares or other securities of the
                Company
                or the company resulting from the capital reorganization,
                reclassification, merger or amalgamation, as the case may be, to
                which the
                holder would have been entitled if the holder had exercised one Warrant
                immediately before the capital reorganization, reclassification,
                merger or
                amalgamation;

            

    

     

    
      	 	
              (c)

            	
              the
                adjustments provided for in this subsection are
                cumulative.

            

    

    

    
      
        
           

        

        
          -
            12 -

          
            

          

        

        
           

        

      

    

     

    APPENDIX
      “B”

     

    SUBSCRIPTION
      FORM

     

    The
      Undersigned, _______________________ holder of the attached Warrant, hereby
      subscribes for ______________________ common shares of Sockeye Seafood Group,
      Inc. if the number of shares purchased hereby is less than the number of shares
      to which the Undersigned is entitled under this Warrant, the Undersigned
      requests issuance and delivery to it at the following address of a new Warrant
      certificate evidencing the right to purchase the balance of the shares to which
      the Undersigned is entitled hereunder. The Undersigned directs that the shares
      hereby subscribed for be issued and delivered to it as follows:

     

    Name:
      _________________________

     

    Address:
      ______________________

     

    No.
      of
      Shares: __________________

     

    DATED
      this ______ day of ________________, 200___.

     

    Per:

    Signature

     

    Name
      (Please print)

    
      
        
           

        

        
          -
            13 -

          
            

          

        

        
           

        

      

    

     

    INVESTOR
      QUESTIONNAIRE

    

    
      	 	 	 
	 	 	 
	
              1.

            	
              Print
                Full Name of Investor:

            	
              Individual:

            
	 	 	
                   
                

            
	 	 	
              First,
                Middle, Last

            
	 	 	 
	 	 	
              Partnership,
                Corporation, Trust, Custodial Account, Other:

            
	 	 	   

	 	 	
                 
                

            
	 	 	
              Name
                of Entity

            
	 	 	 
	
              2.

            	
              Address
                for Notices:

            	
                
                

            
	 	 	
                
                

            
	 	 	
                
                

            
	 	 	 
	
              3.

            	
              Name
                of Primary Contact Person:

            	
                   
                

            
	 	Title:	  

	 	 	 
	
              4.

            	
              Telephone
                Number:

            	
                  
                

            
	 	 	 
	
              5.

            	
              E-Mail
                Address: 

            	
                 
                

            
	 	 	 
	
              6.

            	
              Facsimile
                Number:

            	
                  
                

            
	 	Permanent
              Address:	       

	 	 	 
	
              7.

            	
              Permanent
                Address:

            	
                 
                

            
	 	(if
              different from Address for Notices above)	  

	 	 	 
	8.	Authorized
              Signatory:	  

	 	Title:	  

	 	Telephone
              Number:	  

	 	Facsimile
              Number:	  

    

     

     

    
      
         

      

      
        -
          14 -

        
          

        

      

      
         

      

       

      B. Accredited
        Investor Status

    

    

    The
      Investor represents and warrants that the Investor is an “accredited investor”
within the meaning of Rule 501 of Regulation D under the Securities Act of
      1933,
      as amended (the “Securities Act”), and has checked the box or boxes below which
      are next to the categories under which the Investor qualifies as an accredited
      investor:

     

    
      	
              FOR
                INDIVIDUALS:

            
	
              o

            	
              A
                natural person with individual net worth (or joint net worth with
                spouse)
                in excess of $1 million. For purposes of this item, “net worth” means the
                excess of total assets at fair market value, including home, home
                furnishings and automobiles (and including property owned by a spouse),
                over total liabilities.

            

    

    
      	 	 
	
              o

            	
              A
                natural person with individual income (without including any income
                of the
                Investor’s spouse) in excess of $200,000, or joint income with spouse of
                $300,000, in each of the two most recent years and who reasonably
                expects
                to reach the same income level in the current
                year.

            

    

     

    
      	
              FOR
                ENTITIES:

            
	 	 
	
              o

            	
              A
                bank as defined in Section 3(a)(2) of the Securities Act or any savings
                and loan association or other institution as defined in Section 3(a)(5)(A)
                of the Securities Act, whether acting in its individual or fiduciary
                capacity.

            
	 	 
	
              o

            	
              An
                insurance company as defined in Section 2(13) of the Securities
                Act.

            
	 	 
	
              o

            	
              A
                broker-dealer registered pursuant to Section 15 of the Securities
                Exchange
                Act of 1934.

            
	 	 
	
              o

            	
              An
                investment company registered under the Investment Company Act of
                1940, as
                amended (the “Investment Company Act”). If an Investor has checked this
                box, please contact David Lubin, Esq. at (516) 569-9629 or
                david@dlubinassociates.com for additional information that will be
                required.

            
	 	 
	
              o

            	
              A
                business development company as defined in Section 2(a)(48) of the
                Investment Company Act.

            
	 	 
	
              o

            	
              A
                small business investment company licensed by the Small Business
                Administration under Section 301(c) or (d) of the Small Business
                Investment Act of 1958.

            
	 	 

    

     

    
      
         

      

      
        -
          15 -

        
          

        

      

      
         

      

    

     

    
      	
              o

            	
              A
                private business development company as defined in Section 202(a)(22)
                of
                the Investment Advisers Act of 1940. If an Investor has checked this
                box,
                please contact David Lubin, Esq. for additional information that
                will be
                required.

            
	 	 
	
              o

            	
              An
                organization described in Section 501(c)(3) of the Internal Revenue
                Code,
                a corporation, Massachusetts or similar business trust, or partnership,
                not formed for the specific purpose of acquiring the Purchased Shares,
                with total assets in excess of $5 million.

            
	 	 
	
              o

            	
              A
                trust with total assets in excess of $5 million not formed for the
                specific purpose of acquiring the Purchased Shares, whose purchase
                is
                directed by a person with such knowledge and experience in financial
                and
                business matters as to be capable of evaluating the merits and risks
                of an
                investment in the Company and the purchase of the Purchased
                Shares.

            
	 	 
	
              o

            	
              An
                employee benefit plan within the meaning of ERISA if the decision
                to
                invest in the Purchased Shares is made by a plan fiduciary, as defined
                in
                Section 3(21) of ERISA, which is either a bank, savings and loan
                association, insurance company, or registered investment adviser,
                or if
                the employee benefit plan has total assets in excess of $5 million
                or, if
                a self-directed plan, with investment decisions made solely by persons
                that are accredited investors.

            
	 	 
	
              o

            	
              A
                plan established and maintained by a state, its political subdivisions,
                or
                any agency or instrumentality of a state or its political subdivisions,
                for the benefit of its employees, if the plan has total assets in
                excess
                of $5 million.

            

    

    
      	 	 
	
              o

            	
              An
                entity, including a grantor trust, in which all of the equity owners
                are
                accredited investors as determined under any of the foregoing paragraphs
                (for this purpose, a beneficiary of a trust is not an equity owner,
                but
                the grantor of a grantor trust is an equity
                owner).

            

    

     

    
      
         

      

      
        -
          16 -

        
          

        

      

      
         

      

    

     

    C.
       Supplemental
      Data for Entities

    

    1. If
      the
      Investor is not a natural person, furnish the following supplemental data
      (natural persons may skip this Section C of the Investor
      Questionnaire):

    

    Legal
      form of entity (trust, corporation, partnership, etc.):
      _________________________ 

     

    

    Jurisdiction
      of organization: ________________________________________________

    

    2.
       Was
      the
      Investor organized for the specific purpose of acquiring the Purchased
      Shares?

    

    
      	
              o
                Yes

            	
              o
                No

            

    

    

    If
      the
      answer to the above question is “Yes,” please contact David Lubin, Esq. for
      additional information that will be required.

    

    3.
       Are
      shareholders, partners or other holders of equity or beneficial interest in
      the
      Investor able to decide individually whether to participate, or the extent
      of
      their participation, in the Investor’s investment in the Company (i.e., can
      shareholders, partners or other holders of equity or beneficial interest in
      the
      Investor determine whether their capital will form part of the capital invested
      by the Investor in the Company)?

    

    
      	
              o
                Yes

            	
              o
                No

            

    

     

    If
      the
      answer to the above question is “Yes,” please contact David Lubin, Esq. for
      additional information that will be required.

    

    4(a).
       Please
      indicate whether or not the Investor is, or is acting on behalf of, (i) an
      employee benefit plan within the meaning of Section 3(3) of ERISA, whether
      or not such plan is subject to ERISA,
      or (ii)
      an entity which is deemed to hold the assets of any such employee benefit plan
      pursuant to 29 C.F.R. § 2510.3-101. For example, a plan which is maintained by a
      foreign corporation, governmental entity or church, a Keogh plan covering no
      common-law employees and an individual retirement account are employee benefit
      plans within the meaning of Section 3(3) of ERISA but generally are not subject
      to ERISA (collectively, “Non-ERISA
      Plans”).
      In
      general, a foreign or US entity which is not an operating company and which
      is
      not publicly traded or registered as an investment company under the Investment
      Company Act of 1940, as amended, and in which 25% or more of the value of any
      class of equity interest is held by

    
      
         

      

      
        -
          17 -

        
          

        

      

      
         

      

    

    employee
      pension or welfare plans (including an entity which is deemed to hold the assets
      of any such plan), would be deemed to hold the assets of one or more employee
      benefit plans pursuant to 29 C.F.R. § 2510.3-101. However, if only Non-ERISA
      Plans were invested in such an entity, the entity generally would not be subject
      to ERISA. For purposes of determining whether this 25% threshold has been met
      or
      exceeded, the value of any equity interest held by a person (other than such
      a
      plan or entity) who has discretionary authority or control with respect to
      the
      assets of the entity, or any person who provides investment advice for a fee
      (direct or indirect) with respect to such assets, or any affiliate of such
      a
      person, is disregarded.

    

    
      	
              o
                Yes

            	
              o
                No

            

    

    

    4(b).
       If
      the
      Investor is, or is acting on behalf of, such an employee benefit plan, or is
      an
      entity deemed to hold the assets of any such plan or plans, please indicate
      whether or not the Investor is subject to ERISA.

    

    
      	
              o
                Yes

            	
              o
                No

            

    

    

    4(c.) If
      the
      Investor answered “Yes” to question 4.(b) and the Investor is investing the
      assets of an insurance company general account, please indicate what percentage
      of the Investor’s assets the purchase of the Purchased Shares is subject to
      ERISA. ___________%.

    

    5.
       Does
      the
      amount of the Investor’s subscription for the Purchased Shares in the Company
      exceed 40% of the total assets (on a consolidated basis with its subsidiaries)
      of the Investor?

    

    
      	
              o
                Yes

            	
              o
                No

            

    

    

    If
      the
      question above was answered “Yes,” please contact David Lubin, Esq. for
      additional information that will be required.

    

    6(a). Is
      the
      Investor a private investment company which is not registered under the
      Investment Company Act, in reliance on Section 3(c)(1) or Section 3(c)(7)
      thereof?

    

    
      	
              o
                Yes

            	
              o
                No

            

    

    

    6(b).
       If
      the
      question above was answered “Yes,” was the Investor formed prior to April 30,
      1996?

    

    
      	
              o
                Yes

            	
              o
                No

            

    

    

    If
      the
      questions set forth in (a) and (b) above were both answered “Yes,” please
      contact ________ for additional information that will be required.

    

    7(a).
       Is
      the
      Investor a grantor trust, a partnership or an S-Corporation for US federal
      income tax purposes?

    

    
      	
              o
                Yes

            	
              o
                No

            

    

    

      
        
           

        

        
          -
            18 -

          
            

          

        

        
           

        

      

    

     

    7(b).
       If
      the
      question above was answered “Yes,” please indicate whether or not:

    

    (i)
      more
      than 50 percent of the value of the ownership interest of any beneficial owner
      in the Investor is (or may at any time during the term of the Company be)
      attributable to the Investor’s (direct or indirect) interest in the Company;
      or

     

    
      	
              o
                Yes

            	
              o
                No

            

    

    

    (ii)
      it
      is a principal purpose of the Investor’s participation in the Company to permit
      the Partnership to satisfy the 100 partner limitation contained in US Treasury
      Regulation Section 1.7704-1(h)(3).

     

    
      	
              o
                Yes

            	
              o
                No

            

    

    

    If
      either
      question above was answered “Yes,” please contact David Lubin, Esq. for
      additional information that will be required.

    

    8. If
      the
      Investor’s tax year ends on a date other than December 31, please indicate such
      date below:

    
      	 	 
	 	
              (Date)

            

    

     

    D.  Related
      Parties

    

    1.  To
      the
      best of the Investor’s knowledge, does the Investor control, or is the Investor
      controlled by or under common control with, any other investor in the
      Company?

    

    
      	
              o
                Yes

            	
              o
                No

            

    

    

    If
      the
      answer above was answered “Yes”, please identify such related investor(s)
      below.

    

    Name(s)
      of related investor(s):
      _______________________________________________

     

    
      
        

      

    

    

    2. Will
      any
      other person or persons have a beneficial interest in the Purchased Shares
      to be
      acquired hereunder (other than as a shareholder, partner, or other beneficial
      owner of equity interest in the Investor)?

    

    
      	
              o
                Yes

            	
              o
                No

            

    

    

    If
      either
      question above was answered “Yes”, please contact David Lubin, Esq. for
      additional information that will be required.

    
      
         

      

      
        -
          19 -

        
          

        

      

      
         

      

    

     

    The
      Investor understands that the foregoing information will be relied upon by
      the
      Company for the purpose of determining the eligibility of the Investor to
      purchase the Purchased Shares. The Investor agrees to notify the Company
      immediately if any representation or warranty contained in this Subscription
      Agreement, including this Investor Questionnaire, becomes untrue at any time.
      The Investor agrees to provide, if requested, any additional information that
      may reasonably be required to substantiate the Investor’s status as an
      accredited investor or to otherwise determine the eligibility of the Investor
      to
      purchase the Purchased Shares. The Investor agrees to indemnify and hold
      harmless the Company and each officer, director, shareholder, agent and
      representative of the Company and their respective affiliates and successors
      and
      assigns from and against any loss, damage or liability due to or arising out
      of
      a breach of any representation, warranty or agreement of the Investor contained
      herein.

     

    
      	 	
              INDIVIDUAL:

            
	 	 
	 	
                
                

            
	 	
              (Signature)

            
	 	 
	 	
                  
                

            
	 	
              (Print
                Name)

            
	 	 
	 	
              PARTNERSHIP,
                CORPORATION, TRUST, CUSTODIAL ACCOUNT, OTHER:

            
	 	 
	 	
              Hampton
                Park Capital LLC

            
	 	
              (Name
                of Entity)

            
	 	 
	 	
              By:
                /s/
                Marco Babini

            
	 	
              (Signature)

            
	 	 
	 	
              Marco
                Babini, Manager

            
	 	
              (Print
                Name and Title)

            

    

    

    

    
      
        
           

        

        
          -
            20 -

          
            

          

        

        
           

        

      

    

     

    Annex
      1

    

    DEFINITION
      OF “INVESTMENTS”

    

    The
      term
“investments” means: 

    

    (1) Securities,
      other than securities of an issuer that controls, is controlled by, or is under
      common control with, the Investor that owns such securities, unless the issuer
      of such securities is:

    

    (i) An
      investment company or a company that would be an investment company but for
      the
      exclusions or exemptions provided by the Investment Company Act, or a commodity
      pool; or

    

    (ii) a
      Public
      Company (as defined below);

    

    (iii) A
      company
      with shareholders’ equity of not less than $50 million (determined in accordance
      with generally accepted accounting principles) as reflected on the company’s
      most recent financial statements, provided that such financial statements
      present the information as of a date within 16 months preceding the date on
      which the Investor acquires Purchased Shares;

    

    (2) Real
      estate held for investment purposes;

    

    (3) Commodity
      Shares (as defined below) held for investment purposes;

    

    (4) Physical
      Commodities (as defined below) held for investment purposes;

    

    (5) To
      the
      extent not securities, Financial Contracts (as defined below) entered into
      for
      investment purposes;

    

    (6) In
      the
      case of an Investor that is a company that would be an investment company but
      for the exclusions provided by Section 3(c)(1) or 3(c)(7) of the Investment
      Company Act, or a commodity pool, any amounts payable to such Investor pursuant
      to a firm agreement or similar binding commitment pursuant to which a person
      has
      agreed to acquire an interest in, or make capital contributions to, the Investor
      upon the demand of the Investor; and

    

    (7) Cash
      and
      cash equivalents held for investment purposes.

    

    Real
      Estate that is used by the owner or a Related Person (as defined below) of
      the
      owner for personal purposes, or as a place of business, or in connection with
      the conduct of the trade or business of such owner or a Related Person of the
      owner, will NOT be considered Real Estate held for investment purposes, provided
      that real estate owned by an Investor who is engaged primarily in the business
      of investing, trading or developing real estate in connection with such business
      may be deemed to be held for investment purposes. However, residential real
      estate will

    
      
         

      

      
        -
          21 -

        
          

        

      

      
         

      

    

    not
      be
      deemed to be used for personal purposes if deductions with respect to such
      real
      estate are not disallowed by section 280A of the Internal Revenue Code of 1986,
      as amended. 

    

    A
      Commodity Interest or Physical Commodity owned, or a Financial Contract entered
      into, by the Investor who is engaged primarily in the business of investing,
      reinvesting, or trading in Commodity Shares, Physical Commodities or Financial
      Contracts in connection with such business may be deemed to be held for
      investment purposes.

    

    “Commodity
      Shares” means commodity futures contracts, options on commodity futures
      contracts, and options on physical commodities traded on or subject to the
      rules
      of:

    

    (i) Any
      contract market designated for trading such transactions under the Commodity
      Exchange Act and the rules thereunder; or

    

    (ii) Any
      board
      of trade or exchange outside the United States, as contemplated in Part 30
      of
      the rules under the Commodity Exchange Act.

    

    “Public
      Company” means a company that:

    

    (i) files
      reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934,
      as amended; or

    

    (ii) has
      a
      class of securities that are listed on a Designated Offshore Securities Market,
      as defined by Regulation S of the Securities Act.

    

    “Financial
      Contract” means any arrangement that:

    

    (i) takes
      the
      form of an individually negotiated contract, agreement, or option to buy, sell,
      lend, swap, or repurchase, or other similar individually negotiated transaction
      commonly entered into by participants in the financial markets;

    

    (ii) is
      in
      respect of securities, commodities, currencies, interest or other rates, other
      measures of value, or any other financial or economic interest similar in
      purpose or function to any of the foregoing; and

    

    (iii) is
      entered into in response to a request from a counter party for a quotation,
      or
      is otherwise entered into and structured to accommodate the objectives of the
      counterparty to such arrangement.

    

    “Physical
      Commodities” means any physical commodity with respect to which a Commodity
      Interest is traded on a market specified in the definition of Commodity Shares
      above.

    

    “Related
      Person” means a person who is related to the Investor as a sibling, spouse or
      former spouse, or is a direct lineal descendant or ancestor by birth or adoption
      of the Investor, or is a spouse of such descendant or ancestor, provided that,
      in the case of a Family Company, a

    
      
         

      

      
        -
          22 -

        
          

        

      

      
         

      

    

    Related
      Person includes any owner of the Family Company and any person who is a Related
      Person of such an owner. “Family Company” means a company that is owned directly
      or indirectly by or for two or more natural persons who are related as siblings
      or spouse (including former spouses), or direct lineal descendants by birth
      or
      adoption, spouses of such persons, the estates of such persons, or foundations,
      charitable organizations or trusts established for the benefit of such
      persons.

    

    For
      purposes of determining the amount of investments owned by a company, there
      may
      be included investments owned by majority-owned subsidiaries of the company
      and
      investments owned by a company (“Parent Company”) of which the company is a
      majority-owned subsidiary, or by a majority-owned subsidiary of the company
      and
      other majority-owned subsidiaries of the Parent Company. 

    

    In
      determining whether a natural person is a qualified purchaser, there may be
      included in the amount of such person’s investments any investment held jointly
      with such person’s spouse, or investments in which such person shares with such
      person’s spouse a community property or similar shared ownership interest. In
      determining whether spouses who are making a joint investment in the Partnership
      are qualified purchasers, there may be included in the amount of each spouse’s
      investments any investments owned by the other spouse (whether or not such
      investments are held jointly). There shall be deducted from the amount of any
      such investments any amounts specified by paragraph 2(a) of Annex 2 incurred
      by
      such spouse. 

    

    In
      determining whether a natural person is a qualified purchaser, there may be
      included in the amount of such person’s investments any investments held in an
      individual retirement account or similar account the investments of which are
      directed by and held for the benefit of such person.

    
      
         

      

      
        -
          23 -

        
          

        

      

      
         

      

    

    Annex
      2

    

    VALUATIONS
      OF INVESTMENTS

    

    The
      general rule for determining the value of investments in order to ascertain
      whether a person is a qualified purchaser is that the value of the aggregate
      amount of investments owned and invested on a discretionary basis by such person
      shall be their fair market value on the most recent practicable date or their
      cost. This general rule is subject to the following provisos:

    

    (1) In
      the
      case of Commodity Shares, the amount of investments shall be the value of the
      initial margin or option premium deposited in connection with such Commodity
      Shares; and

    

    (2) In
      each
      case, there shall be deducted from the amount of investments owned by such
      person the following amounts:

    

    (i) The
      amount of any outstanding indebtedness incurred to acquire the investments
      owned
      by such person.

    

    (ii) A
      Family
      Company, in addition to the amounts specified in paragraph (a) above, shall
      have
      deducted from the value of such Family Company’s investments any outstanding
      indebtedness incurred by an owner of the Family Company to acquire such
      investments.

    
      
         

      

        -
          24 -

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