Domain Name Purchase Agreement
EXHIBIT
10.1
The
current owner of the domain names identified below (hereinafter referred to as
"Seller") desires to sell all rights, title and interest in such domain names to
the Purchaser, and the Purchaser desires to acquire same rights, title and
interest in such domains name from the Seller. Therefore, it is agreed between
the parties as follows:
1. The
domain names to be transferred from the Seller to the Purchaser are xxx.xxx and xxx.xx (referred to sometimes
herein as "Domain Names.")
2. The
Seller agrees to transfer to the Purchaser all right, title and interest in and
to the identified Domain Names, including any trademark rights associated with
the Domain Names itself and all Internet traffic to the Domain Names.
Notwithstanding, this Agreement does not relate to any Website content, which
shall remain the property of the Seller.
3. As
consideration for the sale of the Domain Names the Purchaser shall pay the
Seller an amount valued at $50,000 payable in 10,000,000 shares of common stock
of Dover Holding Corporation upon the completion of a 50 to 1 reverse split, at
a Conversion price of $.005 per share. The shares shall be issued at such time
as the Dover Holding Corporation's board of directors and/or shareholders has
taken all actions necessary to approve and affect the aforementioned reverse
split. In the event that payment is not timely received this Agreement may be
cancelled by the Seller at the Seller's sole discretion.
4. The
Seller will take the necessary actions required to change the registered
ownership of the Domain Names.
5. Nothing
in this Agreement shall be construed to in any way limit the right of the Seller
to purchase, own, create and/or maintain another Website.
6. This
Agreement states the entire agreement between the parties concerning the
purchase and sale of the identified Domain Names and supersedes any prior
agreements, understandings, or representations with respect thereto. Any
addition or modification to this Agreement must be made in writing and signed by
authorized representatives of both parties. This Agreement is made under and
shall be construed according to the laws of the State of Wisconsin, U.S.A. In
the event that this agreement is breached, any and all disputes must be settled
in a court of competent jurisdiction in the State of Wisconsin,
U.S.A.
7. If any of
the provisions of this Agreement are found to be unenforceable, the remainder
shall be enforced as fully as possible and the unenforceable provision(s) shall
be deemed modified to the limited extent required to permit enforcement of the
Agreement as a whole.
8. The
effective date of this Agreement shall be June 1, 2008.
WHEREFORE, the parties
acknowledge that they have read and understand this Agreement and voluntarily
accept the duties and obligations set forth herein.
Seller:
Santa
Xxxxx Partners, LLC
________________________________
Xxxxx X.
Xxxxxxxx, Managing Member
Purchaser:
Dover
Holding Corporation
________________________________
Xxxxx X.
Xxxxx, President
