Exhibit 10.1 ASSIGNMENT OF CONTRACT THIS ASSIGNMENT OF CONTRACT (this "Assignment") is made as of the 2nd day of September, 2005 (the "Assignment Date"), by NORTH CAROLINA DEVELOPMENT PARTNERS, LLC, a North Carolina limited liability company (the...Assignment of Contract • September 13th, 2005 • Enclaves Group Inc • Non-operating establishments
THIS ASSIGNMENT OF CONTRACT (this "Assignment") is made as of the 2nd day of September, 2005 (the "Assignment Date"), by NORTH CAROLINA DEVELOPMENT PARTNERS, LLC, a North Carolina limited liability company (the "Assignor"), to ENCLAVES GROUP, INC., a Delaware corporation (the "Assignee"), regarding the Property to be acquired by the Purchaser under that certain Real Estate Purchase and Sale Agreement made effective as of August 22, 2005 (as currently in effect, the "Purchase Contract"), by and between Assignor as "Purchaser" and PILOT DEVELOPERS, LLC, a North Carolina limited liability company, as "Seller", the Property being those certain parcels of land containing approximately One Hundred Fifty Three (153) acres identified as Tax Map Parcel Nos. 058-088 and 531-065-00, located at Stokes Ferry & Earnhardt Roads in the City of Salisbury, in Rowan County, North Carolina, commonly known as the "Drummond Village" Property, together with improvements described as part of the "Property" in
