Exhibit 10.2
Stock Sale Agreement
STOCK SALE AGREEMENT
1. Introduction. This Agreement is made June 12, 2006 between Xxxxxx
Xxxx (Seller), and Kaniksu Financial Services, LLC (Buyer). This Agreement
provides for the immediate sale of 4,900,000 shares of Senior Optician Service,
Inc. common stock.
2. Sale and Purchase of Stock. Seller will sell to Buyer 4,900,000
common shares of the issued and outstanding capital stock of Senior Optician
Service, Inc. (the "Purchase Shares") free of all liens and encumbrances. The
4,900,000 shares are owned by Xxxxxx Xxxx.
3. Purchase Price. The purchase price is Five Thousand dollars
($5,000.00).
4. Payment of the Purchase Price. The entire purchase price will be
paid to Seller on the closing date.
5. Seller's Representations and Warranties. To induce Buyer to purchase
his stock, Seller jointly and severally represents and warrants the following:
a. Stock Properly Issued. The shares have been properly issued
and are fully paid and nonassessable.
b. Shares Free of Liens or Encumbrances. Seller's shares are
free of any liens, encumbrances, or agreements of any kind, including
stockholders' agreements or voting trusts.
6. Representations to Survive Closing. The representations and
warranties contained in Paragraphs 5 will survive the closing.
7. Documents to Be Delivered to Buyer at Closing. At the closing,
Seller will deliver to Buyer the following:
a. Stock Certificates. One certificate representing 5,000,000
shares of Corporation's capital stock, indorsed for transfer in blank,
of which 4,900,000 are the subject of the stock sale. The 100,000 share
balance will be issued in the name of Xxxxxx Xxxx.
8. Time and Place of Closing. The closing will take place on June 12,
2006.
9. Agreement Binding. This Agreement is binding upon and will inure to
the benefit of the parties' heirs, executors, administrators, representatives,
successors, and assigns.
10. Applicable Law. This Agreement will be construed in accordance with
the laws of Washington.
Seller: Buyer:
Kaniksu Financial Services, LLC
/s/ Xxxxxx Xxxx /s/ Xxxxxxx X. Xxxxxx
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Xxxxxx Xxxx By: Xxxxxxx X. Xxxxxx
Title: Member Mgr.
/s/ Xxxxxx Xxxx
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Xxxxxx Xxxx
