0001010412-07-000114 Sample Contracts

Stock Purchase Agreement
Stock Purchase Agreement • May 16th, 2007 • Microsmart Devices, Inc. • Blank checks • New York

This Stock Purchase Agreement (this “Agreement”) is dated as of May 11, 2007, by and between Mark Meriwether (“Seller”) and Crowther Holdings LTD, a Turks and Caicos Islands company (“Buyer”). Buyer is an “accredited investor” as such term is defined in Rule 501 of Regulation D promulgated by the Securities and Exchange Commission (the “Commission”) under the Securities Act of 1933, as amended (the “Securities Act”). As used in this Agreement, the term “Parties” means Seller and Buyer.

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SHARE ESCROW AND RESET AGREEMENT
Share Escrow Agreement • May 16th, 2007 • Microsmart Devices, Inc. • Blank checks • New York

This Share Escrow and Reset Agreement is dated as of May 11, 2007 (this “Agreement”), among Crowther Holdings LTD (“Buyer”), Mark L. Meriwether (“Seller”), Microsmart Devices, Inc., a Nevada corporation (the “Company”), and Hirshfield Law, as escrow agent (“Escrow Agent”). Capitalized terms used but not defined herein have the meanings assigned to them in the Stock Purchase Agreement dated as of May 15, 2007, between Buyer and Seller (the “Purchase Agreement”).

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