PURCHASE AND SALE AGREEMENTPurchase and Sale Agreement • March 24th, 2010 • TBC Global News Network, Inc. • Services-video tape rental • Nevada
This Purchase and Sale Agreement (“Agreement”) is entered into on March 19, 2010, , by and between TBC Global News Network, Inc., a Nevada corporation (“TGLN”), Sterling Yacht Sales, Inc., a Florida corporation (“Sterling”), and Sterling stockholders Glenn W. McMachen, Sr., and Arlene McMachen, individually (collectively, “Stockholders”), for the transfer of common stock to Stockholders from TGLN in exchange for all of Sterling’s outstanding issued and outstanding shares of common stock to TGLN ( hereinafter, all parties to this Agreement referred to as the “Parties”).
