Purchase and Sale Agreement GmbH Share

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Register of Authors no. ______

Negotiated on _____________ 2001

in Frankfurt am Main

The following appeared before

the undersigning notary

xxxxx

having her official residence in

xxxxx

xxxx, lawyer, born xxxx, place of business c/o xxxxx, xxxx, xxxxx.xxxxx declared that he was not acting in his own name but on the basis of the submitted powers of attorney dated _________ , however, without assuming any liability for

__________________

__________________

The person appearing is personally known to the notary.

The person appearing requested the authentication of the following contract on the assignment and the sale of a business share.

The person appearing determined that a preliminary draft was not available to the notary according to § 3 clause 7 BeurkG (Authentication Act).

The company has irrevocably consented to the sale and the assignment of the business share described in § 1 paragraph 1 of the following contract, in which this record is attached to the declaration as an appendix.

Agreement

on the sale and assignment of a business share

in

_________ GmbH

(Company)

between

_______________

(Seller)

- xxxxx -

and

_____________________

(Buyer)

- xxxxxx -

Preamble

With a business share to the nominal value of EURO 25,000.00 (EURO twenty-five thousand) the Seller is a partner in ___ GmbH, registered in the Commercial Register of the County Court of Frankfurt am Main HRB ______ with a total share capital to a nominal value of EURO 25,000.00 (EURO twenty-five thousand). All cash deposits have been paid in.

The Buyer would like to acquire a business share from the Seller to the value of EURO 25,000.00 (EURO twenty-five thousand) in the company. The Seller would like to sell the Buyer a share to the value of EURO 25,000.00 (EURO twenty-five thousand) in the company.

Having said this the parties are concluding the following contract:

§ 1  Sale and assignment of the business share

1.        As stated below, the Seller is herewith selling to the Buyer and the Buyer is herewith buying from the Seller a business share to the nominal value of EURO 25,000.00 (EURO twenty-five thousand) together with all the rights to the business share owing to the Seller or connected to this (hereinafter referred to as business share).

2.    The Seller is herewith assigning to the Buyer the business share described in § 1 paragraph 1 to the nominal value of EURO 25,000.00 (EURO twenty-five thousand). The Buyer herewith accepts the assignment of this business share.

3.    The Buyer acquires the business share with effect of the time of the authentication.

§ 2 Purchase price

       The purchase price for the sold business share amounts to EURO 25,000.00 (EURO twenty-five thousand). The purchase price is due for payment after the authentication of ...

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