Term Agreement between Tree Top Industries, Inc. and Sky Music Corporation doo, Sky Solutions doo and Adriatic Region Solutions doo

Term Agreement between Tree Top Industries, Inc. and Sky Music Corporation doo, Sky Solutions doo and Adriatic Region Solutions doo

THIS AGREEMENT (“Agreement”) entered into and effective as of the 18th day of April, 2011 (“effective date”), by and between Tree Top Industries, Inc. (“Tree Top”), a Nevada corporation having an office and place of business at 000 Xxxxx Xxxxxx, Xxxxx 000, Xxx Xxxx, XX 00000, and Sky Music Corporation doo, Sky Solutions doo, and Adriatic Region Distribution doo (“Sky”) having an office and place of business at Xxxxxxx xxxxxxxx 00X 00000 Xxxxxxxx.

WHEREAS, Tree Top and Sky have exchanged information and agreed to the points enumerated below, and

NOW THEREFORE, the parties hereto have agreed as follows:

1. Purchase price of $2,500,000 of Tree Top stock

2. Cash infusion through secondary or other offering of $3,000,000 - $5,000,000

Such other and further terms and details of the transaction, which is subject to the review and approval by US regulatory and Serbian authorities, the Board of Directors and shareholders of Tree Top, is to be completed in the near future, which is expected to be 60 to 90 days.

When combined, Sky Corporation, which includes three independent companies, will be the largest music equipment sales/rental and public event management and production company in South East Europe.  As a result of planned cash infusion into Tree To and Sky, under the continued leadership of Sky’s CEO, Xxxxxxx Xxxxxx, it is anticipated the company will be in a position to expand throughout Europe in short order.

Sky Music doo			Tree Top Industries, Inc.
By:	/s/ Xxxxxxx Xxxxxx, President		By:	/s/ Xxxxx X. Xxxxxxxx, Chairman & CEO
Sky Solutions doo			Tree Top Industries, Inc.
By:	/s/ Xxxxxxx Xxxxxx, President		By:	/s/ Xxxxx X. Xxxxxxx, President
Adriatic Region Distriubtion doo
By:	/s/ Xxxxxxx Xxxxxx, President