SHARE DEPOSIT ESCROW AGREEMENTShare Deposit Escrow Agreement • August 14th, 2006 • Universal Tanning Ventures Inc • Services-personal services • Florida
AGREEMENT made as of this 6th day of May, 2006 by and between UNIVERSAL TANNING VENTURES INC (the “ISSUER”) a Delaware corporation with its principal place of business at 1800 2nd Street, Sarasota, Florida 34236, RHINO ISLAND CAPITAL, LTD. (the “PURCHASER”), a BVI International Business Company, the registered address of which is; 30 De Castro Street, Road Town Tortola, British Virgin Islands, and Madison Stock Transfer, Inc. (the “ESCROW AGENT”) with its principal place of business at 1688 East 16th Street, Brooklyn, Suite #7, New York 11229.
