Agreement for the sale of shares to Randy Peterson
EX-2.2 3 ex2_2.htm EXHIBIT 2.2 ex2_2.htm
SALE OF SHARES
Dated March 1st 2006
By and Between;
LegalPlay Entertainment Inc ("LegalPlay")
And
Randy Peterson. ("Peterson")
WHEREAS
| | · | LegalPlay is the owner of 100% of the issued and outstanding shares (the "Shares") and liabilities of Skill Poker.com Inc. ("SkillPoker") a company incorporated in Washington State, United States of America. |
| | · | SkillPoker is in default of certain terms and obligations under an Agreement entered into with Blue Diamond International Capital Inc. ("BlueDiamond") and Poker.com. |
| | · | LegalPlay has concluded that there is no further value in owning the shares of SkillPoker as there are still certain liabilities owning to the Companies solicitors and to Peterson. |
| | · | Peterson has entered into a personal agreement with BlueDiamond and wishes to purchase the Shares of SkillPoker. |
| | · | LegalPlay agrees to sell 100% of the shares and liabilities to Peterson for $1.00. |
NOW THEREFORE for valuable consideration given and received and by their mutual covenants the parties agree as follows;
| | 1 | LegalPlay hereby sells to Peterson 100% of the Shares in SkillPoker for $1.00. |
| | 2 | LegalPlay hereby acknowledges receipt of the sum of $1.00 in full payment for the shares from Peterson. |
| | 3 | Peterson acknowledges that there are still outstanding debts due by SkillPoker which have been disclosed by LegalPlay. |
| | 4 | That Peterson hereby releases LegalPlay from any liability with respect to any claim by any person or creditor of SkillPoker or liability accruing as a result of this transaction. |
| | 5 | LegalPlay will instruct their solicitors to release the Corporate Register to Peterson. |
| /s/ Cecil Morris | /s/ Randy Peterson | |||
| LegalPlay Entertainment Inc | Randy Peterson | |||
