AFFILIATE STOCK PURCHASE AGREEMENT
THIS AFFILIATE STOCK PURCHASE AGREEMENT (“Agreement”) is made as of the 6th day of May, 2009, by and betweenWALTER BRENNER (“Seller”) andTELEMEDICINE,INC. (“Purchaser”) as to 3,000,000 shares, of ANVIL FOREST PRODUCTS, INC.
RECITALS
WHEREAS, the Seller is the owner of3,000,000 restricted shares of common stock of ANVIL FOREST PRODUCTS, INC., a NEVADA corporation (the “Company”); and
WHEREAS, the Seller proposes to sell to the Purchaser the 3,000,000 restricted shares of common stock of the Company currently owned by the Seller (the “Purchased Shares”), on the terms set forth herein.
In consideration of the premises, representations, warranties and covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:
| |
1. | PURCHASE AND SALE AND CLOSING |
1.1 The Seller hereby agrees to sell, assign, transfer and deliver to the Purchaser, and the Purchaser hereby agrees to purchase from the Seller, the Purchased Shares for the purchase price of TWENTY NINE THOUSAND FIVE HUNDRED EIGHT and no/100 U.S. Dollars ($29,508) (the “Purchase Price”). Payment shall be in U.S. Dollars, in the form of cash or check as follows. An amount of $29,508 in good funds delivered and cleared to Seller’s account via escrow agent WILLIAM R. BARKER, PA (“Escrow Agent”) (account information as provided by separate communiqué’).
1.2 Closing. The closing (“Closing”) of the transactions contemplated hereby will occur on, or, before the 6th day of May, 2009 (the “Closing Date”).
| |
2. | REPRESENTATIONS AND WARRANTIES OF THE SELLER |
2.1 The Seller warrants, covenants and represents to the Purchaser with the intention of inducing the Purchaser to enter into this Agreement that:
| | |
| (a) | immediately prior to and at the Closing, the Seller shall be the legal and beneficial owner of the Purchased Shares and on the Closing Date, the Seller shall transfer to the Purchaser the Purchased Shares free and clear of all liens, restrictions, covenants or adverse claims of any kind or character; |
| | |
| (b) | the Seller has the legal power and authority to execute and deliver this Agreement and all other documents required to be executed and delivered by the Seller hereunder and to consummate the transactions contemplated hereby; and |
Page 1 of 5
ASPA1