SALE OF SHARES
Dated
March 1st 2006
By
and
Between;
LegalPlay
Entertainment Inc ("LegalPlay")
And
Xxxxx
Xxxxxxxx. ("Xxxxxxxx")
WHEREAS
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·
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LegalPlay
is the owner of 100% of the issued and outstanding
shares (the "Shares") and liabilities of Skill Xxxxx.xxx Inc.
("SkillPoker") a company incorporated in Washington State, United
States
of America.
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·
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SkillPoker
is in default of certain terms and obligations under an Agreement
entered
into with Blue Diamond International Capital Inc. ("BlueDiamond")
and
Xxxxx.xxx.
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·
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LegalPlay
has concluded that there is no further value in owning the shares
of
SkillPoker as there are still certain liabilities owning to the Companies
solicitors and to Xxxxxxxx.
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·
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Xxxxxxxx
has entered into a personal agreement with BlueDiamond and wishes
to
purchase the Shares of SkillPoker.
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·
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LegalPlay agrees
to sell 100% of the shares and liabilities to Xxxxxxxx for
$1.00.
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NOW
THEREFORE for valuable consideration given and received and by their mutual
covenants the parties agree as follows;
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1
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LegalPlay
hereby sells to Xxxxxxxx 100% of the Shares in SkillPoker for
$1.00.
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2
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LegalPlay
hereby acknowledges receipt of the sum of $1.00 in full payment for
the
shares from Xxxxxxxx.
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3
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Xxxxxxxx
acknowledges that there are still outstanding debts due by SkillPoker
which have been disclosed by
LegalPlay.
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4
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That
Xxxxxxxx hereby releases LegalPlay from any liability with respect
to any
claim by any person or creditor of SkillPoker or liability accruing
as a
result of this transaction.
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5
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LegalPlay
will instruct their solicitors to release the Corporate Register
to
Xxxxxxxx.
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/s/
Xxxxx Xxxxxx
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/s/
Xxxxx Xxxxxxxx
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LegalPlay
Entertainment Inc
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Xxxxx
Xxxxxxxx
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