0000819551-06-000018 Sample Contracts

CLOSING AGREEMENT
Closing Agreement • March 31st, 2006 • Ilx Resorts Inc • Real estate dealers (for their own account)

This Closing Agreement ("Closing Agreement") is made and entered into as of the Closing of the New Escrow referenced in Paragraph 1 of the New Agreement dated April 1, 2005 ("New Agreement"). This Closing Agreement is by and between VCA Nevada Incorporated (VCA), ILX Resorts Incorporated (ILX), Carol Colombo (Colombo) and Streets Las Vegas, L.L.C. ("Streets").

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