Assets of Pedal Hybrid Vehicle Manufacturing Business

Sale of substantially all of assets of Organic Transit, Inc., which includes:

(a) All inventory and supplies maintained by seller in connection with the Business, wherever located; (b) Any permits necessary for or incident to the operation of the Business; (c) All of the intangible rights and property of seller associated with the Business, including Intellectual Property Rights, telephone and telecopy listings, websites, domain names, fictitious names and the names Organic Transit, Inc. and ELF; (d) Certain equipment of the seller; (e) Any and all past and pending documents of sales and service information, customer lists, supplier lists, inventory cost records, machinery and equipment records, mailing lists, sales and purchasing materials, quality control records and procedures, books of account, customer records, supply records, quotations, purchase orders, correspondence, sales, brochures, advertising materials, samples and display materials; and (f) all rights of seller relating to deposits and prepaid expenses, and more described from Page No. 35-37 on the attached PDF.