0001162327-02-000007 Sample Contracts

EXCHANGE AGREEMENT
Exchange Agreement • January 15th, 2002 • Bedford Holdings Inc • Security brokers, dealers & flotation companies • New York

EXCHANGE AGREEMENT (this “Agreement”) dated this 27th day of December, 2001 by and between, Bedford Holdings, Inc., a New Jersey corporation (“Bedford”) and Anthony Iannuzzi, Stephen E. Moore, (collectively, the "Itrade Members"). The signatories hereto may hereinafter also be referred to jointly as the "Parties".

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