Acquisition Agreement dated June 2, 2010 between Tre Kronor Media AB and InSight AS

EX-10.7 3 exhibit10-7.htm ACQUISITION AGREEMENT DATED JUNE 2, 2010 United Communication Partners Inc.: Exhibit 10.7 - Filed by newsfilecorp.com

Agreement between:

Tre Kronor Media AB (Bark Stockholm),
Registration number ###-###-####,
Box 3061, Sveavägen 17, SE-10 361 Stockholm, Sweden

and,

In Sight AS, (a Norwegian corporation)
Registration number 993 389 447,
Bjerkealleen 4b, 1363 Hovik, Norway

1.

Bark Stockholm pays an aggregated 4 million Norwegian Kroner (NOK) to acquire 30% of the shares In Sight AS effective from January 1, 2011. Payments mature on the following dates in 2010. When full payment is made, the stock certificates will be submitted to Bark Stockholm and Bark Stockholm will be recorded in the shareholder register of InSight AS, as 30% owner of the Norwegian company.


  June 4, 2010: NOK 300.000
  June 18, 2010: NOK 700.000
  June 30, 2010: NOK 1.000.000
  August 31, 2010: NOK 1 000.000
  October 31, 2010: NOK 1.000.000

2.

Bark Stockholm will take a seat in the board of directors in InSight AS, represented by Erik Johan Niclas Fröberg /

   
3.

In Sight AS will handle Norwegian activities for international clients referred from Bark Stockholm.


  For Tre Kronor Media AB   For InSight AS  
  June 2, 2010   June 2, 2010  
         
         
  /s/ Niclas Froberg   /s/ Geir Kjaernes  
      for  
         
  Niclas Froberg   Roger Sedal  
         
         
  /s/ Bent Helvang   /s/ Geir Kjaernes /s/ Per Haehre
  Bent Helvang   Geir Kjaernes