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TY OF ThE FSTAT1 $1,10n 000.)0 1). The said patiticners. Chicstiaa Kjaer. Furst, Pelle iundgaard and 1.:n.4marj have paid deb: the decedent in the Virgin Island! ...rich have come to the.: !notice, and accept the esette in the Islands clearl,•. i simply and unconditionally, indcing the said Christian Kjual
nd interest in and to the following described real pro- perty: "CS a te , 3 y 76' • — 1. The Island known as Great St. James Island / 74. in the United States Virgin islands and being located off the southeastern tip of the Island of St. Thomas, United States virgin Islands, and as shown on tax maps nos. 1-098-
Public EFTA00805288 NOTED IN THE CADASTRAL RECORDS FOR COUNTRY / TOWN PROPER; Y, BOOK FOR GREAT ST. JAMES ISLAND NO. 6A RED HOOK QUARTER ST. THOMAS VIRGIN ISLANDS x essor Office / Cadastral Division T RY 21 , 2016 . - • • !the lieutenant Governor / Public SU ATTEST: ': k herebycertiffedthettheabove ment
011-0003, 2012 WL 8123137, at •3 (V.1. Sept. 12, 2012). When Kjaer owned both Parcel A and Parcel II, any use of parcel 11 as a staging ground for Parcel A was simply a landowner using his land. Kjacr was not using an easement over his own land. By operation of law there was no easement when the Kjaers
or other means for the purpose of preparing proper sales documents. The sale shall be subject to recorded easements, restrictions, reservations and Virgin Islands' law, rules and regulations; Purchaser shall have fifteen (15) days from the date of final execution of this Agreement to inspect the same and shall
7.2.2. Due Authority. The Corporation is a U.S. Virgin Islands corporation duly organized, validly existing and in good standing under the laws of the U.S. Virgin Islands. The Corporation has the full right and authority to enter into this Agreement and to transfer the Stock Interest to be conveyed by the Corporation
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
n or inadequate information relating to any of the matters described above. (c) Purchaser verifies and warrants that it has funds available in the U.S. Virgin Islands to purchase the property and upon the execution of this Agreement. PefelleSef ftwther-wofronts-the-.rolidit&-of-the-Lretteeof-Gredit-or-similaf-Mmk-
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
to be taken on a date specified in this Agreement, if such date shall fall on Saturday, Sunday or legal holiday under the a EFTA00583026 laws of the U.S. Virgin Islands, then in such event said date shall be extended to the next day which is not a Saturday, Sunday or legal holiday. The "Effective Date" of this Agree
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
Entities connected to both U.S. Virgin Islands and Parcel A

Sarah Ferguson
PERSONErika Kellerhals
PERSON
Philadelphia
LOCATION
Great St. James
ORGANIZATION
the Internal Revenue Service
ORGANIZATIONFerguson Kroblin
PERSONGreat St.
LOCATION
Kjaer
PERSONVirgin Islands Limited Liability Company
ORGANIZATIONChristian Kjaer
PERSONthe American Arbitration Association
ORGANIZATION
Switzerland
LOCATION
Lausanne
LOCATIONPepper Hamilton LLP
ORGANIZATIONApril Newland
PERSONJames T. Giles
PERSONGSJ Properties, Corp.
ORGANIZATIONthe Property free of the same
ORGANIZATIONInternational Arbitration Rules
ORGANIZATIONCommissions
ORGANIZATION