INVESTMENT AGREEMENTInvestment Agreement • February 4th, 2008 • Mezey Howarth Racing Stables, Inc. • Services-racing, including track operation • Massachusetts
INVESTMENT AGREEMENT (this "AGREEMENT"), dated as of January 22, 2008 by and between Mezey Howarth Racing Stables, Inc.,a Nevada corporation (the "Company"), and Dutchess Private Equities Fund, Ltd., a Cayman Islands exempted company (the "Investor").
PERSONAL SERVICES AGREEMENTPersonal Services Agreement • February 4th, 2008 • Mezey Howarth Racing Stables, Inc. • Services-racing, including track operation
This Personal Services Agreement (the “Agreement”) is entered into this 31st Day of January, 2008, by and between Mezey Howarth Racing Stables, Inc., a Nevada corporation (the “Company”) with its principal place of business at 1001 Ave. Pico, C-629, San Clemente, CA 92673 and Paul Howarth, (“Executive”) to be effective as of February 1, 2008 (the “Effective Date”).
ContractTerm Sheet • February 4th, 2008 • Mezey Howarth Racing Stables, Inc. • Services-racing, including track operation
Mezey Howarth Racing Stables, Inc. (the “Acquirers”) is prepared to acquire ABTTC, Inc. (“ABTTC” or the “Company) for $7,750,000 under the terms contained in this term sheet. With the exception of the section of this agreement relating to expenses, this term sheet is a non-binding document prepared for discussion purposes only, and the proposed acquisition is specifically subject to customary stock purchase agreements, legal due diligence, and other conditions precedent contained herein, all satisfactory to the Acquirers in their sole discretion
