ENTITY PURCHASE AGREEMENT
AGREEMENT made this 30th day of March, 2005 between MAUI GENERAL STORE,
INC., a New York corporation ("Maui") and XXXXXXXX XXXXXXXX ("Xxxxxxxx").
WHEREAS, Maui owns all of the membership interest in Hana Pearl, LLC
("Hana Pearl").
NOW, THEREFORE, it is agreed:
1. Transfer of Hana Pearl. Maui hereby assigns to Cabellon all of its
right, title and interest in Hana Pearl. Maui agrees that promptly after the
execution of this agreement, it will deliver to Cabellon all of the books and
records of Hana Pearl. Maui will assist Cabellon in obtaining control over
the assets of Hana Pearl.
2. Transfer of Stock. Cabellon hereby agrees to deliver to Maui one or
more certificates for a total of one million (1,000,000) shares of Maui common
stock. Cabellon will endorse the certificates for surrender to Maui.
3. Warranties. Each party represents and warrants to the other that
the assets being transferred hereunder are assigned free of liens, claims and
encumbrances, and that the assignment contemplated hereby will vest in the
other all of the right, title and interest in the transferred assets.
IN WITNESS WHEREOF, the parties have executed this agreement as of the
date set forth above.
MAUI GENERAL STORE, INC.
By: /s/ Xxxxxxx Xxxxxx /s/ Xxxxxxxx Xxxxxxxx
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Xxxxxxx Xxxxxx, President XXXXXXXX XXXXXXXX
