Common use of Stock Exchange Clause in Contracts

Stock Exchange. Purchaser hereby agrees to issue 500,000 shares of its restricted common stock to the Company in exchange for 500,000 shares of the Company’s common stock, which will represent 50% of the Company’s issued and outstanding shares of common stock immediately after the 500,000 shares are issued to Purchaser. This transaction shall be exempted from the registration and prospectus delivery requirements of the Securities and Exchange Act of 1933, as amended (the “Securities Act”), the Shareholder Units.

Stock Exchange. Purchaser hereby agrees to issue 500,000 6,000,000 shares of its restricted common stock to the Company in exchange for 500,000 75,000 shares of the Company’s common stock, which will represent 50100% of the Company’s issued and outstanding shares of common stock immediately after the 500,000 6,000,000 shares are issued to by Purchaser. This transaction shall be exempted from the registration and prospectus delivery requirements of the Securities and Exchange Act of 1933, as amended (the “Securities Act”), the Shareholder Units. Shares will carry a 12 month restriction from date of the agreement’s execution.

Stock Exchange. Purchaser hereby agrees to issue 500,000 5,000,000 shares of its restricted common stock to the Company in exchange for 500,000 60,000 shares of the Company’s common stock, which will represent 5080% of the Company’s issued and outstanding shares of common stock immediately after the 500,000 5,000,000 shares are issued to Purchaser. This transaction shall be exempted from the registration and prospectus delivery requirements of the Securities and Exchange Act of 1933, as amended (the “Securities Act”), the Shareholder Units. Shares will carry a 12 month restriction form date of agreement execution.