STOCK PURCHASE AGREEMENT BY AND AMONG VILHELM GUDMUNDSSON ROBERT GUDFINNSSON CORPOSA, S.A. DE C.V. HOLSHYRNA ehf BAJA AQUA-FARMS, S.A. DE C.V. OCEANIC ENTERPRISES INC. AND LIONS GATE LIGHTING CORP. EFFECTIVE AS OF July 20, 2010Stock Purchase Agreement • July 30th, 2010 • Lions Gate Lighting Corp. • Wholesale-electrical apparatus & equipment, wiring supplies
THIS STOCK PURCHASE AGREEMENT (the “Agreement”) is effective as of July 20, 2010, by and among Corposa, S.A. de C.V., a Mexican corporation (“Corposa”), Marpesca, S.A. de C.V., a Mexican corporation (“Marpesca”), Holshyrna ehf, an Icelandic corporation (“Holshyrna,” and together with Corposa, the “Shareholders”), Vilhelm Mar Gudmundsson (“Gudmundsson”), Robert Gudfinnsson (“Gudfinnsson” and together with Gudmundsson, the “Directors”), Baja Aqua Farms, S.A. de C.V., a Mexican corporation (the “Company”), Oceanic Enterprises, Inc., a California Corporation (“Oceanic”), and Lions Gate Lighting Corp., a Nevada corporation (the “Buyer”). The Shareholders, the Company, Oceanic and the Directors are herein sometimes collectively referred to as the “Selling Parties.”
OPTION AGREEMENTOption Agreement • July 30th, 2010 • Lions Gate Lighting Corp. • Wholesale-electrical apparatus & equipment, wiring supplies • California
THIS OPTION AGREEMENT (this “Agreement”), dated July 20, 2010, is entered into by and among Baja Aqua-Farms, S.A. de C.V. (the “Company”), Lions Gate Lighting Corp., a Nevada corporation (the “Optionee” or “LGLC”), Corposa, S.A. de C.V. (“Corposa”), Holshyrna, ehf (“Holshyrna”). This Option Agreement is entered into pursuant to a Stock Purchase Agreement dated July 20, 2010 (the “Purchase Agreement”) among the parties hereto and certain other parties listed on the signature page thereof. Capitalized terms not otherwise defined herein shall have the meaning ascribed thereto in the Purchase Agreement.
