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the Effective Date (as hereinafter defined) by and between Christian Kjaer ("CK") and GSJ Properties, Corp. ("GSJ") (collectively the"Sellers") and Great St. Jim, LLC, a Virgin Islands Limited Liability Company ("Purchaser"). RECITALS: A. Sellers own the land and improvements on the island commonly known as
lers-at-the-time-ef-exemitien-of--thisagreemeat. 1.1 EFTA00582979 ARTICLE 2 PURCHASE PRICE 2.1 Amount. The purchase price for CK's interest in Parcel A of the the-entire Property and the Stock Interest(the "Purchase Price") is and shall be Twenty Two Million Five Hundred Thousand and No/100 U.S. D
the Effective Date (as hereinafter defined) by and between Christian Kjaer ("CK") and GSJ Properties, Corp. ("GSJ") (collectively the"Sellers") and Great St. Jim, LLC, a Virgin Islands Limited Liability Company ("Purchaser"). REEITALa: A. Sellers own all of the land and improvements on the island commonly k
rovements located thereon (such land, buildings and improvements, the "Property"); B. CK is the permittee of a submerged land permit, for a dock on Parcel A, designated and more particularly described in Exhibit B attached hereto (the "Permit"), ; and C. Subject to the terms of this Agreement as more f
5 (the "Effective Date') by and between Christian Kjaer ("Cr') and GSJ Properties, Corp. ("GSJP" or "Corporation") (collectively the "Sellers') and Great St. Jim, LLC, a Virgin Islands Limited Liability Company ("Purchaser'). RECITALS: WHEREAS CK owns Parcel A Great St. James, No. 6A Red Hook Quarter, on the
aterial respects. For purposes of this Agreement, "to Sellers' knowledge" shall mean the actual knowledge of Christian Kjaer, the owner of record of Parcel A and the sole shareholder of the Corporation, who is the most knowledgeable person with regard to the Corporation and the Property. 7.3 REPRESENTA
Entities connected to both Great St. James and Parcel A

U.S. Virgin Islands
LOCATIONErika Kellerhals
PERSON
Sarah Ferguson
PERSONFerguson Kroblin
PERSONGreat St.
LOCATIONVirgin Islands Limited Liability Company
ORGANIZATION
Kjaer
PERSON
Lausanne
LOCATIONChristian Kjaer
PERSONJames T. Giles
PERSON
Philadelphia
LOCATION
Switzerland
LOCATIONApril Newland
PERSONGSJ Properties, Corp.
ORGANIZATIONthe Property free of the same
ORGANIZATIONPepper Hamilton LLP
ORGANIZATIONInternational Arbitration Rules
ORGANIZATIONALTA Owner's
ORGANIZATIONCommissions
ORGANIZATIONthe Property (Parcel A
ORGANIZATION