0001144204-06-027484 Sample Contracts

COVENANT NOT TO COMPETE AGREEMENT
Compete Agreement • July 6th, 2006 • Sitestar Corp • Services-computer processing & data preparation • Virginia

THIS COVENANT NOT TO COMPETE AGREEMENT (“Agreement”) is made and entered into as of 12:01 a.m. on the 30th day of June 2006 by and between SITESTAR CORPORATION (the “Company”), and FIRST USA, INC. (“Seller”).

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DEFINITIVE ASSET PURCHASE AGREEMENT
Definitive Asset Purchase Agreement • July 6th, 2006 • Sitestar Corp • Services-computer processing & data preparation • Virginia

THIS AGREEMENT is made as of this 12:01 a.m. on the 1st day of July 2006, by and between SITESTAR CORPORATION, a Nevada corporation, with its principal place of business located at 7109 Timberlake Road, #201, Lynchburg, VA 24502 (the “Buyer”), and FIRST USA, INC., an Ohio corporation (the “Seller”). The Seller and the Buyer may sometimes be referred to herein individually as a “Party” or collectively as “Parties.”

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