SHARE EXCHANGE AGREEMENTShare Exchange Agreement • June 17th, 2009 • Equicap Inc • Wholesale-motor vehicles & motor vehicle parts & supplies • New York
This SHARE EXCHANGE AGREEMENT (this “Agreement”), dated as of June 15, 2009, is by and among Usunco Automotive Limited, a British Virgin Islands company (the “Company”), a wholly owned subsidiary of Equicap, Inc., a Nevada corporation (the “Parent”), IBC Automotive Products, Inc., a California corporation (“IBC”), a wholly owned subsidiary of Company and Philip Widmann (“Widmann”) and Ruth Kirshner (“Kirshner”) (together the “Buyers”). Each of the parties to this Agreement is individually referred to herein as a “Party” and collectively, as the “Parties.”
