EX-10
from 8-K
9 pages
Share Purchase Agreement (This “Agreement”), Is Dated as of May 31, 2007, by and Among Prime Time Cable, Inc., a Florida Corporation the “Buyer”), and Aims Interactive, Inc., a Nevada Corporation (The “Seller”). Recitals: Whereas, Seller Owns All of the Issued and Outstanding Shares (The “Shares”) of Common Stock, Par Value $0.01 Per Share (The “Common Stock”), Issued by Prime Time Broadband, Inc., a Florida Corporation (The “Company”); and Whereas, Subject to the Terms and Conditions Set Forth Herein, Seller Desires to Sell, and Buyer Desires to Purchase, the Shares. Now, Therefore, in Consideration of the Covenants and Agreements Contained Herein, and for Other Good and Valuable Consideration, the Receipt and Sufficiency of Which Are Hereby Acknowledged, the Parties Hereto, Intending Legally to Be Bound Hereby, Agree as Follows: 1. Purchase and Sale. 1.1. Purchase and Sale of Securities. Subject to the Terms and Conditions Herein, Including Satisfaction of the Applicable Conditions Set Forth in Section 6, on the Closing Date (As Defined in Section 5): (A) Seller Shall Sell, Transfer, Assign and Deliver to Buyer Certificates Evidencing All of the Shares (100% Ownership), Accompanied by One or More Stock Powers Duly Executed by Such Seller in Blank; and (B) Buyer Shall Purchase From and Pay Seller for the Shares the Purchase Price Therefore, as Set Forth in Section 1.2. 1.2
12/34/56