0001144204-06-007231 Sample Contracts

BILL OF SALE
Bill of Sale • February 22nd, 2006 • Gaming & Entertainment Group Inc • Services-business services, nec • New York

This BILL OF SALE (this "Bill of Sale"), dated as of February 15, 2006, by and between Gaming & Entertainment Group, Inc., a Utah corporation, and Gaming & Entertainment Technology Pty Limited, an Australian corporation (together, "Seller"), in favor of Cantor G&W (Nevada), L.P., a Delaware limited partnership ("Purchaser"). Capitalized terms used herein without definition shall have the meanings assigned to them in the Asset Purchase Agreement (as defined below).

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RECITALS
Asset Purchase Agreement • February 22nd, 2006 • Gaming & Entertainment Group Inc • Services-business services, nec • New York
OF GAMING & ENTERTAINMENT GROUP, INC.
Equity Warrant • February 22nd, 2006 • Gaming & Entertainment Group Inc • Services-business services, nec • New York
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