Gaming Equipment Annual Statement

1. Status Statement. That the Buyer represents and warrants that he or his company are duly licensed and have received any and all necessary licenses or permits from the appropriate local, state, federal, provincial or international agencies, bureaus and boards, and that the Buyer is in total compliance with all governing laws in the jurisdiction where the buyer is located.
2. Johnson Act. That the Buyer is in compliance and abides with the Johnson Act, 15 USC 1171 where established in its jurisdiction.
3. Redistribution. Buyer represents and warrants that the Buyer will not engage in the business of selling or distributing casino gaming equipment devices purchased from Worldwide Gaming, Inc. to any third party without first receiving any necessary licenses or permits from any regulatory authority that may be applicable or have jurisdiction over the operation of Buyer's business operations.
   Buyer further represents and warrants that it will sell gaming machines only in locations -or jurisdictions where possession and/ or use of casino gaming devices has been declared legal and authorized by the appropriate laws and regulations of the appropriate local, state, federal or international governing agencies, and where the sale of said gaming devices would be in total compliance with any and all applicable laws.
4. Indemnity of Worldwide Gaming. Inc. The Buyer further agrees that it will indemnify and hold harmless Worldwide Gaming, Inc. from any and all costs, damages, including attorney's fees and court costs that may be caused by Buyer's breach of this Agreement.
5. Termination. Buyer further agrees that in the event Worldwide Gaming, Inc. gains knowledge of any violation of this Agreement or any unlawful act, that it has the right to terminate this Agreement and any relationships or contracts that may be currently pending between Worldwide Gaming, Inc. and Buyer's. Notice of termination of this relationship as well as any pending contractual relationships between Worldwide Gaming, Inc. and Buyer may be made by certified mail, directed to the Buyer's last known address, and the effective date of termination shall be the date of mailing of said notice.
6. Attachments. Those that if applicable, attached to this Annual Statement are true and correct copies of the most recent licenses required by Buyer's jurisdiction, as well as the Department of Justice registration letter.

*Original signed copy of Declaration must be in the possession of Worldwide Gaming, Inc. prior to shipments. If the Declaration is made on behalf of said company, any authorized personal must sign the above form.