REEF VIEW PURCHASE AGREEMENT

BY AND BETWEEN

_________REEF VIEW CORPORATION_______

VENDOR

-and-

_______________________________________
VENDEE
 REEF VIEW RESORT

CONTRACT NO. __________________ VILLA NO. ______________

CONTRACT PRICE __________________ UNIT AREA ______________
DOWNPAYMENT (IF ANY) ______________ PRICE PER SHARE ______________
DISCOUNT (IF ANY) __________________ NO. OF SHARES ______________

REEF VIEW PURCHASE AGREEMENT

KNOW ALL MEN BY THESE PRESENTS:

This Contract is made this day of _____, ______________, 20__ by

and between:

REEF VIEW CORPORATION, a corporation

duly organized and existing by virtue of the laws of
Thailand with principal office at
_________________________ as represented herein by
Todor Yordanov and Michael Krastev, both are
of legal ages, (Nationality of Todor), and
(Nationality of Michael), respectively, hereinafter
referred to as the “VENDOR”

-and-

NAME OF THE BUYER, of legal age, (Nationality),

currently residing at
_______________________________, hereinafter
referred to as the “VENDEE”
 WITNESSETH
WHEREAS, Todor Yordanov and Michael Krastev shall form a Corporation
that is organized and existing by virtue of the laws of Thailand with a Corporate
Name ________________________;

WHEREAS, the Vendor/s shall sell a number non-voting shares to the

potential buyers for the purchase of Villa in Reef View;

WHEREAS, The Vendor has offered to sell, transfer and convey to the Vendee
the (58 NON-VOTING SHARES) of the Reef View which amounts to FULL
OWNERSHIP of the VILLA No./s 2 and 3 hereinafter described, under the
following terms and conditions hereinafter set forth in this agreement; (Attached
herewith and made an integral part of this agreement is a copy of Schedule 3)

WHEREAS, the Vendee agrees to comply with the Terms and Conditions and
Restrictions set forth in this agreement for REEF VIEW RESORT, as formulated by
the Vendor;

NOW, THEREFORE, in consideration of the foregoing premises, and the payment of

the contract price herein below specified, the VENDOR has agreed to sell, transfer
and convey to the VENDEE who has agreed to buy the Villa herein below described,
under the following terms and conditions hereinafter set forth, to wit:

1. The REEF VIEW RESORT consists of 18 Accommodation Villas;

2. The REEF VIEW RESORT Accommodation Villas for sale are
worth 1200 non-voting shares;
3. Each share is worth ____________;
4. The VENDEE agrees to buy a total number of 58 non-voting
shares which is equivalent to Full Ownership of Villa/s No. 2
and 3;
5. VENDOR hereby agrees to sell, transfer and convey to the
VENDEE, and the VENDEE hereby agrees to buy from the
VENDOR a Villa unit, with improvements, more particularly
described as follows:

REEF VIEW RESORT VILLA NO. 2

26 sq. m. Villa which includes 1 Bed Room, 1
Washroom, and a Porch

REEF VIEW RESORT VILLA NO. 3

26 sq. m. Villa which includes 1 Bed Room, 1
Washroom, and a Porch
 6. The Villa herein purchased shall be used by the Vendee as
he/she may be pleased. The Vendee will have complete
freedom to use the unit for personal enjoyment at any time
and for as long as they like.
7. The Vendee has examined the agreement and specifications
for the Reef View Resort prepared by the Vendor, to his
satisfaction, which are hereby made integral parts hereof by
way of reference, copies of which will be furnished to the
Vendee upon request.

REEF VIEW RESORT HOUSE RULES:

The Unit Owner / Vendee adheres to the following:

1. Not to bring or store or permit or suffer to be brought or stored in each unit

or any part thereof any goods which are of an explosive, combustible,
dangerous, or hazardous nature;
2. The Unit Owners / Villa Owners hereby undertake to adopt every precaution
which may be necessary or expedient to prevent fire;

3. To maintain the common areas free of any damage, alterations and

cleanliness;

4. Not to suffer alter injure disfigure spoil or damage any of the wall ceiling
floors or any other part of the Resort premises including common areas and
to forthwith make good and reinstate such walls floors or other parts of the
Resort Premises;

5. To be responsible for and to fully indemnify the Vendor against all and every
loss and damages whatsoever incurred or sustained by the Vendor as a
consequence of any breach or non-observance of this agreement herein
contained and fully indemnify the Vendor and the Reef View Resort and
effects from and against all actions claims liability costs expenses thereby
arising;

6. Not to make any erection alterations or additions to the Units without the
prior consent in writing of the Vendor and the costs and expenses of any such
alterations or additions shall be borne solely by the Vendor and the Vendor
shall not be entitled to any compensation in respect thereof;

7. To use the Unit or Villas for the purpose(s) as specified in this agreement only
and not to use or permit to be used the Units or Villas for any illegal unlawful
or immoral purposes whatsoever that may affect adversely the interest of the
Vendor or Reef View Resort and not to do or permit to be done any act or
thing which may become a nuisance or annoyance or cause damage or
inconvenience to the Vendor or other Unit or Villa Owners;

8. The Vendee shall be allowed to have possession of the UNIT upon turnover
of the same by the Vendor, either by virtue of a written notice given by the
Vendor or by a written request made by the Vendee. Upon acceptance by
the Vendee of the subject UNIT, all risks of loss or damage to the subject
UNIT, as well as all obligations, and other assessments accruing on the
 subject UNIT, shall be for the exclusive account of the Vendee.
The Vendor adheres to the following obligations:

1. The Vendor has the responsibility to Vendees to maintain the property.

This includes keeping the property clean, safe and habitable. The Vendor
must adhere to all building codes, perform necessary repairs, maintain
common areas, keep all vital services, such as plumbing, electricity, and
heat, in good working order, provide proper trash receptacles, and supply
running water.

2. The Vendor must exercise earnest efforts to promote and encourage

prospective tourists to keep the rental pooling at high efficiency.

3. The Vendor shall make a monthly rental report for the rental pool and
share the outcome of the report with the Vendees or Unit Owners;

4. The Vendor shall punctually remit the rental income less the rental;
expenses incurred by the Vendor to the vendees once every three months
to the banks of their own choice;

DELIVERY OF THE UNIT TO THE VENDEE:

MAINTENANCE FEES

For its services in managing and maintaining the day-to-day operations of the Reef
View Resort in accordance with the terms of this Agreement, the Vendee, if in the
case the Vendee is currently living and residing in the property, adheres to pay
$100 per month for the cost of utilities and maintenance of the property.

NOTICE TO RESIDE IN THE UNIT

In case the Vendee wants to reside or relax in the Villa, prior notice of arrival must
be given to the Vendor within four (4) weeks before the arrival date. The notice
should be sent to our contact number by calling or texting us four (4) weeks before
the arrival date:

Mike Krastev - +666-2245-8415 WhatsApp

Todor Yordanov 1-416-902-9707

RENTING OF THE VILLA OR UNIT

The Vendee is allowed to rent out his / her own unit for as long as they wish to.
However, subject to the restrictions set forth in this agreement.

RENTAL POOL

In case the Vendee is not using the Unit or Villa purchased, the vendee hereby
agrees to make the UNIT available to the COMPANY for the purposes of letting the
UNIT to GUESTS as part of the RENTAL POOL under the supervision and
management of the COMPANY subject to the terms and conditions set forth in this
agreement.

In case the Vendee would like to remove his/her unit from the Rental Pool, the
Management shall be notified within one (1) week from the date he/she wants to
remove the Villa or Unit;

The same procedure is given to the Vendee in case he/ she wants to reinstate
his/her unit to the Rental Pool, a notice of one (1) week should be given to the
management.

AIR RIGHTS

Notwithstanding anything to the contrary contained in this Purchase Agreement,

the Vendor reserves to itself, its successors, and assigns and specifically reserves
from the demise hereunder any rights to use, dispose and/or further develop those
rights commonly referred to as "air rights" or "development rights". Nothing herein
contained shall prevent Vendor from constructing or developing such rights during
the Term of this agreement, provided that any such use, sale, leasing, or
development shall be accomplished with minimal inconvenience to Vendee.

However, in case the vendor and vendee mutually agree as to the air rights, both
can do provided that the improvement must contain or add only another story or
two stories.

In case both the vendor and vendee agreed that there is an extension of the unit to
include another story or two stories, they must mutually make profitable
arrangements when the time comes that such additional structure is needed.

RENTAL POOL INCOME

The total number of participants/Vendees for each unit in the rental pool for the
monthly calendar shall be divided into the total rental pool income less expense, as
herein defined, available to the rental pool participants, and the resulting figure and
multiplied by each Unit Owner or Vendee participation factor shall equal his income
from the rental pool for the monthly calendar.

The Rental Pool income however shall only be deposited to the Vendee or Unit
Owners quarterly on the account of their own choice.

USE OF RESORT AMENITIES AND COMMON AREAS

The Vendor hereby grants to Vendee, while they are currently living at the Resort,
(and Authorized Immediate Family Members) the non-exclusive right so long as this
Agreement remains in effect, to use the Resort Amenities for the purposes for
which, and on substantially the same terms and conditions on which, the Resort
Amenities are from time to time made available by Vendor for use by Resort
Guests.
AS TO THE PERIOD OF STAY

The Vendee Owners have an unlimited length of time to stay in the Villa for as long
as the Vendee shall pay $100 per month for the cost of the utilities and
maintenance of the property.

BUYER’S RIGHT IN SELLING THE UNIT / VILLA

The Vendee for whatever reason may be allowed to sell his/her own unit/villa to
another person provided that a prior notice within one month shall be given to the
Vendor;

The Vendor will assist the Vendee, in case the Vendee is already decided to sell his
share or unit to another person, by providing rental history and profit statements
for the said unit.

LEGAL COMPLIANCE

As required by the laws of Thailand, each party individually agrees to comply with
all the terms and conditions stated herein and the laws and regulations imposed by
Thailand. One party’s lack of compliance with said required laws and regulations
does not relinquish that party’s obligation(s) set forth in this agreement.

ENTIRE AGREEMENT

This Agreement shall constitute the entire Agreement between the parties and any
prior understanding or representation of any kind preceding the date of this
Agreement shall not be binding upon either party except to the extent incorporated
in this Agreement.

MODIFICATION OF THIS AGREEMENT

Any modification of this Agreement or additional obligation assumed by either

party in connection with this Agreement shall be binding only if evidenced in writing
and signed by each party or an authorized representative of each party.

GOVERNING LAW

It is agreed that this Agreement shall be governed by, construed, and enforced in
accordance with the laws of Thailand;
EFFECT OF PARTIAL INVALIDITY

The invalidity of any portion of this Agreement will not and shall not be deemed to
affect the validity of any other provision. In the event that any provision of this
Agreement is held to be invalid, the parties agree that the remaining provisions
shall be deemed to be in full force and effect as if they had been executed by both
parties subsequent to the deletion of the invalid provision.

ENFORCEMENT

The prevailing Party shall be entitled to collect from the other Party all reasonable
fees, costs, and expenses including attorneys’ fees and costs incurred by the
prevailing Party in connection with: (i) the enforcement of any available remedy
for breach of this Agreement; or (ii) any dispute arising from or related to this
Agreement or the relationship between the Parties.

JURISDICTION AND VENUE

In the event that any legal suit, action, or proceeding about this contract must be
brought in a court of competent jurisdiction in Thailand, and each party to the
contract irrevocably submits to the jurisdiction and venue of Koh Samui, Thailand in
any such suit;

NOTICES

Any notice provided for or concerning this Agreement shall be in writing and shall
be deemed sufficiently given when sent by certified or registered mail if sent to the
respective address of each party as set forth at the beginning of this Agreement.

IN WITNESS WHEREOF, the parties hereto have set their hands in

_________________________ , (COUNTRY) this day of, 20___.

VENDEE: REEF VIEW RESORT:

______________________________ ______________________________
Signature Signature

Represented by:
______________________________ ______________________________
Printed Name Printed Name