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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
been duly authorized by all requisite corporate action. The person executing this Agreement on behalf of a Sellers has the authority to do so. (b) No Other Party Rights. The Sellers are not aware of any agreements currently in effect which restrict the sale of the Property er--the-Steek-laterests-or grant any other
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
een duly authorized by all requisite corporate action. The person executing this Agreement on behalf of a Sellers has the authority to do so. (b) No Other Party Rights. The Sellers are not aware of any agreements currently in effect which restrict the sale of the Property or grant any other party any rights to acq
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
y or the Corporation; or (b) existing, pending or, to Sellers' knowledge, threatened condemnation proceedings affecting the Real Property; 7.2.6. No Other Party Rights. There are no agreements currently in effect which restrict the sale of the Property or the Stock Interests or grant any other party any rights to a
Entities connected to both Great St. James and No Other Party Rights

U.S. Virgin Islands
LOCATIONErika Kellerhals
PERSON
Sarah Ferguson
PERSONVirgin Islands Limited Liability Company
ORGANIZATION
Kjaer
PERSONGSJ Properties, Corp.
ORGANIZATION
Philadelphia
LOCATION
Lausanne
LOCATION
Switzerland
LOCATIONChristian Kjaer
PERSONApril Newland
PERSONJames T. Giles
PERSONthe Property free of the same
ORGANIZATIONPepper Hamilton LLP
ORGANIZATIONInternational Arbitration Rules
ORGANIZATIONCommissions
ORGANIZATIONthe Title Commitment
ORGANIZATIONthe Territory of the U.S Virgin Islands
LOCATIONthe American Arbitration Association
ORGANIZATIONthe Property (Parcel A
ORGANIZATION